Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[gentlemand]

Click on the Phase 2 button.
"Phase 2 - Manual distribution of Bitcoin to UnitedBitcoin addresses by the UB Foundation"

Ah. That'll learn me. Let's page Satoshi so he can move his for a bit of fun.

I find this sentence a bit confusing - The receiving address must have a prior balance of more than 0.01BTC, and must be used as one of the sending (input) addresses.

So you're sending it to the same address you're sending it from? Is that even possible?

[Torque]

Click on the Phase 2 button.
"Phase 2 - Manual distribution of Bitcoin to UnitedBitcoin addresses by the UB Foundation"

Ah. That'll learn me. Let's page Satoshi so he can move his for a bit of fun.

Nah, let's clone the UB blockchain after it launches, call it UltimateBitcoin, and steal back all of Jeff's coins through SuperGodMode2.0. 

[aesma]

why price is 13.375€ on Kraken and on Gdax is 14.182€ ?
i see this the last days. why is that?

Usually this means there is a problem on one of the exchanges, either with withdrawing or depositing, either fiat or BTC.

I use Kraken and it might be slow and frustrating but you can deposit and withdraw, trade too with enough patience. Can't say for gdax, haven't used it yet.

[Phil_S]

https://news.bitcoin.com/after-segwit2x-failed-jeff-garzik-reveals-united-bitcoin/

More on United Bitcoin, your new favourite fork.

You're only awarded them if your BTC transferred between addresses you own between November 11th and a couple of days ago. They didn't tell anyone this until after the fork. So most of you peons are officially 'inactive' and therefore toast.

http://www.ub.com/project/get


Eligibility

All users who transfer Bitcoins from his/her own address to his/her own address between Block 494000 and Block 498777 (11 November 2017 to 12 December 2017 GMT) will be eligible if the transaction meets the following criteria.

The output address (receiving address) must also be listed as one of the input addresses and cannot be a totally new address
The output address (receiving address) must end up with a balance of more than 0.01 BTC
If you are not sure if the operation is complete, please make two transfers.


How deeply mysterious that they only outlined this after the fork.

I wonder how expensive are two-letter dot com domains...

[jojo69]

How is it that we can have all this, deeply embarrassing, charlatanism going on...and Bitcoin just keeps chillin' over $16K?

[gentlemand]

I wonder how expensive are two-letter dot com domains...

I wondered that too. Something like this is probably leased from the owner for big bucks. They rarely let them go for good.

[jbreher]

Question of the day. Is Jstolfi paid by Ver, ?

I doubt it. But we can discuss the possibility. What is the logic that leads you to even ask the question?

[d_eddie]

https://news.bitcoin.com/after-segwit2x-failed-jeff-garzik-reveals-united-bitcoin/

More on United Bitcoin, your new favourite fork.

You're only awarded them if your BTC transferred between addresses you own between November 11th and a couple of days ago. They didn't tell anyone this until after the fork. So most of you peons are officially 'inactive' and therefore toast.

http://www.ub.com/project/get


Eligibility

All users who transfer Bitcoins from his/her own address to his/her own address between Block 494000 and Block 498777 (11 November 2017 to 12 December 2017 GMT) will be eligible if the transaction meets the following criteria.

The output address (receiving address) must also be listed as one of the input addresses and cannot be a totally new address
The output address (receiving address) must end up with a balance of more than 0.01 BTC
If you are not sure if the operation is complete, please make two transfers.


How deeply mysterious that they only outlined this after the fork.

Mysterious you say?
If I were Ver, I'd definitely want a forkcoin that my enemies can't dump on me. All P&D games will be reserved for people in the know.

[gentlemand]

Question of the day. Is Jstolfi paid by Ver, ?

I doubt it. But we can discuss the possibility. What is the logic that leads you to even ask the question?

You can clearly tell he does it for free which makes it more disturbing by a country mile. He must've been putting in 16 hour days at certain points in the past.

[kurious]

2. They are now getting very slow for withdrawals - over a week now to even confirm (USD) withdrawal - let alone see it in your bank.  I don't know about SEPA, as I no longer use this method (see 3 below).

It might be due to the round-about way it has to go for you. I'm getting USD withdrawals to the US confirmed in a day.

Are you saying this is on Bitstamp?

I get them confirmed on Stamp in an hour, yes - but then the withdrawal being "in process" lasts a week +.   I am asking for USD to be sent from my US balance, and given they are not USA-based I don't see how they can be faster for a US customer than a UK one.

Can you confirm you are saying Stamp do wire withdrawals (international transfer) for you in a day?!

[Torque]

You can clearly tell he does it for free which makes it more disturbing by a country mile. He must've been putting in 16 hour days at certain points in the past.

Which means his supposed day job as a busy University professor is either a complete farce, or a cover.

[gentlemand]

You can clearly tell he does it for free which makes it more disturbing by a country mile. He must've been putting in 16 hour days at certain points in the past.

Which means his supposed day job as a busy University professor is either a complete farce, or a cover.

I'd want to be paid multiple millions to throw that much of my time away. This space clearly attracts the mentally ill and fanatical and I believe he's one of them. And professors in first world countries mainly sit around and finger their students. In Brazil I doubt they even bother turning up for work.

[Syke]

Can you confirm you are saying Stamp do wire withdrawals (international transfer) for you in a day?!

Yes, on Bitstamp, International Bank withdrawal, USD balance to a US bank. I just placed a withdrawal Wed, Dec 13, 2017 at 7:48 AM, received the confirmation Thu, Dec 14, 2017 at 3:30 AM. I should see it in my bank on Tuesday. So typically 4 (business) days from beginning to end.

[soullyG]

Well, doesn't look like we're going down now so I guess another crack at the ATH before the end of the week!

[jojo69]

OT PSA

Intel doubles down on IME

https://www.theregister.co.uk/2017/12/13/intel_management_engine_gets_hardwarebased_lock/

stay safe out there kids

[JayJuanGee]

Ok, so, my brain is still booting up here for the day, but walk me through game-theory on this one.

There's a huge wall of 1000 BTC @ $17,250 on GDAX.

What would the effect be of me placing a sell wall of 1000 @ $20,000 ? I'm guessing zero effect ?

Would I be better off gaming 1000 @ $17,500 ? Would placing/pulling 1000 walls @ $17,000 cause jitters ?

Wondering how I can have some fun with this wall on GDAX. I'm a little bit bored this morning.

I should really go get a coffee into my system...

One thing is actually having 1,000 coins but another thing is having them on exchanges, especially since the hardware wallets have become much more common and easy to use.

You should only have as many coins on the exchanges as you intend to trade, which should not be 1000, unless perhaps you have another 1000 off line..

I am not personally opposed with attempting to make money with large amounts of coins, but I do tend to think that if you are playing big like that, then you do need to have some hedging going on, too.. something other than the 1000 coins.  I am not sure about what that is, but seems dangerous to just play one side of it.

How is it that we can have all this, deeply embarrassing, charlatanism going on...and Bitcoin just keeps chillin' over $16K?

I think I'm actually bored with Bitcorn since the futures launch. With all this stability, I might actually get some work done today...

It should not be referred to as stability.. perhaps .... "coiling"?

[realr0ach]

Question of the day. Is Jstolfi paid by Ver, ?

Anyone that has any experience with Brazilians knows they're complete weirdos and have several traits such as if an American says something and it's verfiably true, they will disagree solely because they're American and believe some type of fabricated Latin American perspective is a more righteous one.  So no, it's not required for Jstolfi to be a paid shill to act like a stereotypical Brazilian.  He probably saw fat westerners making money on bitcoin and got upset. The only mystery of Jstolfi is that he's supposed to be some type of "world renowned computer scientist", yet the reasons he gives for why bitcoin is dysfunctional or a bad system are usually completely nonsensical compared to the real ones people like me bring up.  

Stolfi was something of a communist from what I recall and I think he wanted people to use govt fiat or something too, while people like me have the position that bitcoin is inferior to metals as money and a store of value (bitcoin is a currency by definition and not money like metals are), so there's no real justification for bitcoin's existence besides a weak attempt at regulatory arbitrage, which the govt can and will easily clamp down on anyway.  It's too easy and cheap for them to create a police state to control the digital world compared to the physical one.  Using anything digital is going right into the govt and banking monopoly's hands.

[flynn]

and now something completely different :
$ / oil / Yuan => https://www.bloomberg.com/news/articles/2017-12-06/petro-yuan-delays-show-hurdles-confronting-china-s-currency-push

[flynn]

OT PSA

Intel doubles down on IME

https://www.theregister.co.uk/2017/12/13/intel_management_engine_gets_hardwarebased_lock/

stay safe out there kids

BTW, AMD has the same kind of shit in its processors since 2015 or something.

We'll need open source processors from now on ...

[The_Real_Punisher]

Sideways for days - means we will go south soon... Watching this pattern for years now. Only one guy needs to start a dump and well be at 4 digits....