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

[abercrombie]

Tether Review Claims Crypto Asset Fully Backed – But There's a Catch

https://www.coindesk.com/tether-review-claims-crypto-asset-fully-backed-theres-catch/

EDIT: Don't forget to read carefully before you proceed!

"it was only one day's balances. "FSS has not performed any procedures or made any conclusions for activity prior to or subsequent to June 1st, 2018, Close of Business," the firm says in its report."

FSS LLP were allowed to pick a date.  And the banks were asked to verify balance on that date.   It's not like Tether can go back in time, and put money into the account on the chosen date.   

[Dabs]

Tether Review Claims Crypto Asset Fully Backed – But There's a Catch

https://www.coindesk.com/tether-review-claims-crypto-asset-fully-backed-theres-catch/

EDIT: Don't forget to read carefully before you proceed!

"it was only one day's balances. "FSS has not performed any procedures or made any conclusions for activity prior to or subsequent to June 1st, 2018, Close of Business," the firm says in its report."

FSS LLP were allowed to pick a date.  And the banks were asked to verify balance on that date.   It's not like Tether can go back in time, and put money into the account on the chosen date.   

It's like what some people do signing bitcoin messages. "As of this time, this address is under my control, and has this amount of bitcoins in it."

Then a few days later, the BTC moves to another address. But you can all see it in the blockchain.

[vroom]

Tether Review Claims Crypto Asset Fully Backed – But There's a Catch

https://www.coindesk.com/tether-review-claims-crypto-asset-fully-backed-theres-catch/

EDIT: Don't forget to read carefully before you proceed!

"it was only one day's balances. "FSS has not performed any procedures or made any conclusions for activity prior to or subsequent to June 1st, 2018, Close of Business," the firm says in its report."

FSS LLP were allowed to pick a date.  And the banks were asked to verify balance on that date.   It's not like Tether can go back in time, and put money into the account on the chosen date.   

It's like what some people do signing bitcoin messages. "As of this time, this address is under my control, and has this amount of bitcoins in it."

Then a few days later, the BTC moves to another address. But you can all see it in the blockchain.

banks could learn from blockchain and adapt some features. Can not be that hard to make account information like balance and transaction public viewable. a additional online banking feature where account owners can control the access to this information by some kind of api.

I bet banks will do things like that to fight bitcoin.

[Makkara]

Finally tether name is cleared:

https://tether.to/fss-report-transparency-update/

Earlier this year Tether engaged Freeh, Sporkin & Sullivan LLP (FSS) to review bank account documentation and to perform a randomized inspection of the numbers of Tethers in circulation and the corresponding currency reserves.

FSS is a Washington-based law firm providing legal, investigative and monitoring services to organizations around the world. Established by three former federal judges – including a former Director of the FBI – with decades of experience adjudicating at the highest levels of the U.S. government, FSS has extensive knowledge of matters pertaining to governance, compliance, and business integrity

Full report: https://tether.to/wp-content/uploads/2018/06/FSS1JUN18-Account-Snapshot-Statement-final-15JUN18.pdf

And now back in business:

[Last of the V8s]

some fbi cunt says it's fine and y'all believe

[Robin,Hood]

Well, at least somebody is trying to hold "The bottom" up... . (Mic post some good pic)  

.................

we need a button observer thread!

No we dont, that fetish is all yours. A "high" thread on the other hand is worthy some consideration.

[yefi]

Like I said.

I'm really, REALLY bored.

I hope the enema wasn't your idea

[mymenace]

some fbi cunt says it's fine and y'all believe

They all believe


I heard it in the news
I saw it on TV
Someone told me


(Gossip, innuendo, theory, speculation)


General public have no idea what they talkin about - all bullsh@t


Rule 1, get your facts from 3 sources
(mainstream, alternative and conspiracy theory)


you will find your own truth

[cAPSLOCK]

If you are bored unignore some bcash shills or roach then slap them. Then ignore again.

There is nothing productive in that.

Fucking around with Lightning at the stage it's at right now, will just make it easier on all of you, once the momentum increases further.

It's still a bit wonky, to be honest, but steadily getting better and better with every release.

Yeah.  I put some stuff up on that wall (and instantly snapped a pic since it would be covered up so fast) just for fun.  Also bought stickers, a tshirt and a Billfodl with lightning.

I had to reset a channel once.

But otherwise it excites me  the same way doing my first BTC transfer back in 2011 did.

People have NO IDEA how cool this is for little bits of spending money. The things we will see built.

Here a cool one:

Lightning based poker where ALL of it happens on layer 2.  No deposit.  No withdrawal.  All contract driven on Layer 2.  Maybe not something you'd use for high stakes.  But for penny poker?  No rake?

It's a home game on the internet.

People have no idea. 

None of us do really.  Not yet.

[Last of the V8s]

Whalepool: tusd good, eos bad.



retweets bulltard meme.



meanwhile



duh. the Brock connection not least.

These.people.are.all.fucking.scammers.

[mymenace]

Whalepool: tusd good, eos bad.



retweets bulltard meme.



meanwhile



duh. the Brock connection not least.

These.people.are.all.fucking.scammers.

the Brock connection

Thus connecting to the Clinton foundation

Is this the same - Brock Pierce

Tied to underage media programming and big parties

https://hornet.com/stories/brock-pierce-scandal-john-oliver-2/

https://steemkr.com/life/@ura-soul/6v9cqt-clinton-foundation-member-brock-pierce-funder-of-eos-and-chairman-of-bitcoin-foundation-was-implicated-in-a-hollywood-child-sex




gorram it, rabbit holes everywhere......

[El duderino_]

normal that its boring we are all looking to the WORLD CUP or not ??  

[Last of the V8s]

normal that its boring we are all looking to the WORLD CUP or not ??   

My mate has two tickets for the final of the World Cup 2018 but he is getting married on that day and cannot attend.

If anyone wants to go instead of him, it's at St Andrews Church in Brighton and the bride’s name is Sarah.

[JayJuanGee]

If you are bored unignore some bcash shills or roach then slap them. Then ignore again.

There is nothing productive in that.

Fucking around with Lightning at the stage it's at right now, will just make it easier on all of you, once the momentum increases further.

It's still a bit wonky, to be honest, but steadily getting better and better with every release.

Yeah.  I put some stuff up on that wall (and instantly snapped a pic since it would be covered up so fast) just for fun.  Also bought stickers, a tshirt and a Billfodl with lightning.

I had to reset a channel once.

But otherwise it excites me  the same way doing my first BTC transfer back in 2011 did.

People have NO IDEA how cool this is for little bits of spending money. The things we will see built.

Here a cool one:

Lightning based poker where ALL of it happens on layer 2.  No deposit.  No withdrawal.  All contract driven on Layer 2.  Maybe not something you'd use for high stakes.  But for penny poker?  No rake?

It's a home game on the internet.

People have no idea. 

None of us do really.  Not yet.

I heard that on lightning network there are some ways to calculate in fractions of a satoshi.  Does the wall painting allow for that?   Or has the fractions of a satoshi been applied (transacted) within the lightning network?

[JayJuanGee]

normal that its boring we are all looking to the WORLD CUP or not ??   

My mate has two tickets for the final of the World Cup 2018 but he is getting married on that day and cannot attend.

If anyone wants to go instead of him, it's at St Andrews Church in Brighton and the bride’s name is Sarah.

Swim suit pics, or it didn't happen.   

[Last of the V8s]

normal that its boring we are all looking to the WORLD CUP or not ??   

My mate has two tickets for the final of the World Cup 2018 but he is getting married on that day and cannot attend.

If anyone wants to go instead of him, it's at St Andrews Church in Brighton and the bride’s name is Sarah.

Swim suit pics, or it didn't happen.   

[JayJuanGee]

normal that its boring we are all looking to the WORLD CUP or not ??   

My mate has two tickets for the final of the World Cup 2018 but he is getting married on that day and cannot attend.

If anyone wants to go instead of him, it's at St Andrews Church in Brighton and the bride’s name is Sarah.

Swim suit pics, or it didn't happen.   

She looks like the kind of chick that might jump on my head in the middle of the night.  Perhaps smother me with flesh, and then steal my bitcoins.  I might not mind the earlier parts of the scenario, but the last part would be too much for me to bear(bare)(breher)(oh, gosh I need to get out a bit more)..

[El duderino_]

normal that its boring we are all looking to the WORLD CUP or not ??   

My mate has two tickets for the final of the World Cup 2018 but he is getting married on that day and cannot attend.

If anyone wants to go instead of him, it's at St Andrews Church in Brighton and the bride’s name is Sarah.

   lol   another day of games finisht ..... trying to see them all and still expecting much of our belgium boys   

[cAPSLOCK]

I heard that on lightning network there are some ways to calculate in fractions of a satoshi.  Does the wall painting allow for that?   Or has the fractions of a satoshi been applied (transacted) within the lightning network?

That is possible yes.  But this application charges 1sat/pixel.  So it does not get further divided.  I would guess (just a stab) that BBL's pic cost him about USD equiv $10 to post?

You should play with it.  You can draw, and see how much it costs.  It's neeto.

[infofront]

normal that its boring we are all looking to the WORLD CUP or not ??   

My mate has two tickets for the final of the World Cup 2018 but he is getting married on that day and cannot attend.

If anyone wants to go instead of him, it's at St Andrews Church in Brighton and the bride’s name is Sarah.

Swim suit pics, or it didn't happen.   

OK. I'll take his place in the wedding.