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

[HairyMaclairy]

I get that he’s just making an innocent joke but the autism is strong with this one.

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[HairyMaclairy]

Hmmm

OFAC to blacklist Bitcoin addresses. 

https://www.coindesk.com/goodbye-fungibility-ofacs-bitcoin-blacklist-remake-crypto/

in which Joe Ciccolo, the president of BitAML, Inc., a compliance service provider and Andrew Hinkes, an adjunct professor at the NYU Stern School of Business and NYU School of Law flounder about misunderstanding bitcoin.

https://www.treasury.gov/resource-center/faqs/Sanctions/Pages/faq_compliance.aspx#vc_faqs
561. How will OFAC use its existing authorities to sanction those who use digital currencies for illicit purposes?
562. How will OFAC identify digital currency-related information on the SDN List?

in which the USG flounders about misunderstanding bitcoin

A lot of this already happening.  OTC traders won’t accept tainted coins.  Exchanges will brick you if you send them tainted coins.  Anyone who uses tumblers is an idiot - you probably get worse than what you started with. 

[Last of the V8s]

we are indeed overrun with flatearthers, socialists, furries and the rest

[HairyMaclairy]

First ever overt ASIC Boost block. Bearish for Jihan.  




Google Trends 30 day “Bitcoin” searches seem to have stabilized. Previously they have been declining since peak.  Bullish.

[greensheep]

we're maybe under the SMA200 daily

not on cryptowat.ch or tradingview. bitstamp or bitfinex

just checked on kraken tradingview, also underneath, bluh, how can this be different ?

[HairyMaclairy]

Hmm I don’t think that is the 200 day moving average.  

[Last of the V8s]

sold

[HairyMaclairy]

Buy it back in 16 hours. 

[greensheep]

now I'm in the woods, the SMA 200 is not the 200 day moving average  

[HairyMaclairy]

Careful, you know what bears do in the woods.

That line is too bouncy.  I don’t think it’s a 200 anything.

[greensheep]

lols the blue one eeeyy

[HairyMaclairy]

lols the blue one eeeyy

Hahaha crap.  Ok.  Wasn’t focusing on the blue one for some reason. 

[HairyMaclairy]

More hilarity from the Satoshi Vision conference.  Packed to the rafters with token shills. 

https://twitter.com/stopanddecrypt/status/977409418739552257?s=21

[Rosewater Foundation]

More hilarity from the Satoshi Vision conference.  Packed to the rafters with token shills. 

https://twitter.com/stopanddecrypt/status/977409418739552257?s=21

gawd awful. This is why I loathe this space

[greensheep]

well what about that! lols



enough for now, need some fresh air, early spring, garden things time

[vanobe]

Hmmm

OFAC to blacklist Bitcoin addresses.  

https://www.coindesk.com/goodbye-fungibility-ofacs-bitcoin-blacklist-remake-crypto/

What if owners of blacklisted addresses spray satoshis at every address in the blockchain and taint the whole thing? What if they do it quickly before any new rules are in place?

Most people haven't got the technical skills to move the clean bitcoins to a new address, and leave the dirty satoshis in the old address. They will just spend the dirty satoshis mixed to together with the clean ones.

https://www.coindesk.com/goodbye-fungibility-ofacs-bitcoin-blacklist-remake-crypto/

Joe Ciccolo is the president of BitAML, Inc., a compliance service provider. Andrew Hinkes is an adjunct professor at the NYU Stern School of Business and NYU School of Law.

This article is not intended to provide, and should not be taken as, legal advice.

Could this backfire? What's the doomsday scenario?

Sure. Operators of listed digital currency addresses could spray satoshis at any address they can find and essentially "taint" the entire blockchain.

After listing addresses and implementing appropriate tracking software, OFAC may find that all addresses are two or three transactions away from a listed address, and the tool becomes essentially worthless.

[Torque]

More hilarity from the Satoshi Vision conference.  Packed to the rafters with token shills.  

https://twitter.com/stopanddecrypt/status/977409418739552257?s=21

gawd awful. This is why I loathe this space

I'm going to start a conference called "Steve Jobs' Vision". It's going to be all about how Apple has lost it's way, and the NeXT computer was the perfect desktop computer that people should have been using all along.  I'll manufacture about 5 new NeXT computers, and take pre-orders for the rest.

I'm sure Apple enthusiasts will all trash their Macbooks and iPhones and turn out for my conference by the thousands.  Because "hur dur mah vision".  

[vanobe]

More hilarity from the Satoshi Vision conference.  Packed to the rafters with token shills.  

https://twitter.com/stopanddecrypt/status/977409418739552257?s=21

gawd awful. This is why I loathe this space

I'm going to start a conference called "Steve Jobs' Vision". It's going to be all about how Apple has lost it's way, and the NeXT computer was the perfect desktop computer that people should have been using all along.  I'll manufacture about 5 new NeXT computers, and take pre-orders for the rest.

I'm sure Apple enthusiasts will all trash their Macbooks and iPhones and turn out for my conference by the thousands.  Because "hur dur mah vision".  

They will soon be trashing their Macbooks and iPhones anyway because of the Spectre and Meltdown chip flaws. The patches are crap and as soon as new chips are available most old Macbooks and iPhones are getting trashed, or sold for peanuts on ebay.

[Torque]

They will soon be trashing their Macbooks and iPhones anyway because of the Spectre and Meltdown chip flaws. The patches are crap and as soon as new chips are available most old Macbooks and iPhones are getting trashed, or sold for peanuts on ebay.

[vanobe]

They will soon be trashing their Macbooks and iPhones anyway because of the Spectre and Meltdown chip flaws. The patches are crap and as soon as new chips are available most old Macbooks and iPhones are getting trashed, or sold for peanuts on ebay.

Not unless the NeXT computer is immune to Spectre and Meltdown like the raspberry pi. It can't be any worse than a pi, or can it?

https://www.raspberrypi.org/blog/why-raspberry-pi-isnt-vulnerable-to-spectre-or-meltdown/