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

[T.Stuart]

 How I rue the warm autumn day in 2009 when my mom emailed me a note on bitcoin from some obscure "New Age" website and I was too arrogant to even read it.  

lol! Your mum got in before you! That's rich! 

It's quite sad actually.  She wanted to get $100 worth.  IIRC MtGox wasn't even around at that time, but I think there was some other way to buy some.  I had it in my head that it was just some stupid video game money so I didn't put forth than 20 min of effort it would have taken to help her.   

Oh. Bad luck.
Does she have a keen understanding of such things or was it just on a whim for her?
Guess you owe her a few coins. 

[Peter R]

 How I rue the warm autumn day in 2009 when my mom emailed me a note on bitcoin from some obscure "New Age" website and I was too arrogant to even read it.  

lol! Your mum got in before you! That's rich! 

It's quite sad actually.  She wanted to get $100 worth.  IIRC MtGox wasn't even around at that time, but I think there was some other way to buy some.  I had it in my head that it was just some stupid video game money so I didn't put forth than 20 min of effort it would have taken to help her.   

Oh. Bad luck.
Does she have a keen understanding of such things or was it just on a whim for her?
Guess you owe her a few coins. 

I think just a whim.  And yes I've sent a few coins her way

[Kramerc]

 How I rue the warm autumn day in 2009 when my mom emailed me a note on bitcoin from some obscure "New Age" website and I was too arrogant to even read it.  

lol! Your mum got in before you! That's rich! 

It's quite sad actually.  She wanted to get $100 worth.  IIRC MtGox wasn't even around at that time, but I think there was some other way to buy some.  I had it in my head that it was just some stupid video game money so I didn't put forth than 20 min of effort it would have taken to help her.   

Dont worry, I'm sure 10k BTC would've troubled her now. As I'm sure your stack will be enough to care for your needs.

[Peter R]

 How I rue the warm autumn day in 2009 when my mom emailed me a note on bitcoin from some obscure "New Age" website and I was too arrogant to even read it.  

lol! Your mum got in before you! That's rich! 

It's quite sad actually.  She wanted to get $100 worth.  IIRC MtGox wasn't even around at that time, but I think there was some other way to buy some.  I had it in my head that it was just some stupid video game money so I didn't put forth than 20 min of effort it would have taken to help her.   

Dont worry, I'm sure 10k BTC would've troubled her now. As I'm sure your stack will be enough to care for your needs.

We'd have a mid-sixties gramma whale lurking the bitcoin seas!

[Kramerc]

We'd have a mid-sixties gramma whale lurking the bitcoin seas!

Showing Loaded how it's done! Would be something!

Happy New Year you alls!

[macsga]

One and a half hour for the New Year in Greece. Twaz quite a year. Off to get drunk and stuff. Cheers everybody!

[Peter R]

One and a half hour for the New Year in Greece. Twaz quite a year. Off to get drunk and stuff. Cheers everybody!

Cheers macsga and Happy New Year everyone!

(Still 11 hours here in Vancouver)

[Erdogan]

Does anyone else get a little fed up with this sort of attitude?

Sometimes it annoys me. Then I check my Bitcoin balance and imagine the subject having to struggle to obtain a few hundred mBTC down the road and I feel better.

Yeah, my stragegy has been to only inform my closest. But it is sometimes intriguing to ask some snotty questions when others ramble on with the stability of fiat, the trust in the powers that be, and such things. And sometimes I can't stop too... but it is a waste of time.

[ChartBuddy]

[T.Stuart]

Happy New Year from Belgium!  

(couple of hours to go)

[Erdogan]

Most of the forum posters here, being from the US or EU don't realize it because they don't see it. It is extremely difficult to buy coins in volume from 3rd world countries.

If you're a South American today, you cannot hook your bank to any exchange. You cannot get market prices. There is no way to acquire ""fair"" value BTC other than LocalBitcoins or the such. None.

Only people with access to foreign bank acc's can. The rest buy p2p or with CC's in dodgy sites, and always at 15-25% markup.

it's not just the 3rd world countries though, people in most countries are paying 5-10% premium because of the international transfers involved, Australia to Gox for eg. is like 5% + $90 USD.

Yes it an unfair advantage to the most advanced countries, but the hope is that this time, they can be ripped off only once, after that the playing field can be more leveled.

[vdcc]

Have you heard about the huge of donations that flooded Philippines after the typhoon? Believe it or not. Many of the funds were missing and the places that has been devastated is still misserable. Even the donations has been taxed. I wonder if it's still the same scene if the donations was sent in bitcoin instead. We don't have any taxation laws for intangible goods yet.

I think the odds would be better as they could be received by organisers in the destination country instead of some western middleman scam charity.


btw, check out what bill gates invests in to help the world..

http://www.blacklistednews.com/The_Bill_%26_Melinda_Gates_Foundation_exposed/31334/0/38/38/Y/M.html

So?
They invested in successfull companies/corporations (to preserve what they have in fondation and earn more $$$).
You invested in Bitcoin, not in Junkcoin.
It's the same

[virtualfaqs]

How I rue the warm autumn day in 2009 when my mom emailed me a note on bitcoin from some obscure "New Age" website and I was too arrogant to even read it.  

lol! Your mum got in before you! That's rich!  

It's quite sad actually.  She wanted to get $100 worth.  IIRC MtGox wasn't even around at that time, but I think there was some other way to buy some.  I had it in my head that it was just some stupid video game money so I didn't put forth than 20 min of effort it would have taken to help her.  

Oh. Bad luck.
Does she have a keen understanding of such things or was it just on a whim for her?
Guess you owe her a few coins.  

A few? More like a 1000! I bet Peter's mom gives him crap about it for as long as he lives. haha

[Richy_T]

A few? More like a 1000! I bet Peter's mom gives him crap about it for as long as he lives. haha

"Hey son, why don't you borrow the Porsche tonight?

Oh, that's right..."

[ChartBuddy]

[NewLiberty]

One question related to those funds is if some of them might belong to people who committed no crimes (or at least have not been convicted of them). I'm have little doubt (in fact, I pretty much know for sure) that there's precedent for the cops just keeping the whole lot but still.

I'm still wondering how they got the coins. If he's claiming them back, it suggests he didn't hand them over (i.e. as part of deal). So, weak password?

Maybe no password. If he didn't have the sense to have it distributed through multiple offline wallets with some kind of auto-drain for at least some of them...

Feds don't seem to be doing that either.

[Walsoraj]

One question related to those funds is if some of them might belong to people who committed no crimes (or at least have not been convicted of them). I'm have little doubt (in fact, I pretty much know for sure) that there's precedent for the cops just keeping the whole lot but still.

I'm still wondering how they got the coins. If he's claiming them back, it suggests he didn't hand them over (i.e. as part of deal). So, weak password?

Maybe no password. If he didn't have the sense to have it distributed through multiple offline wallets with some kind of auto-drain for at least some of them...

Feds don't seem to be doing that either.

Didn't the feds capture him in a library while he was using his laptop? If they got the laptop while it was on, they could easily copy the wallet files. As for the password, maybe he had it stored in a txt file somewhere on his laptop?

[byronbb]

CHOO CHOO

[bobdude17]

I wonder how many guys with suits and cellphones are cursing banking hours right now!

[beetcoin]

One question related to those funds is if some of them might belong to people who committed no crimes (or at least have not been convicted of them). I'm have little doubt (in fact, I pretty much know for sure) that there's precedent for the cops just keeping the whole lot but still.

I'm still wondering how they got the coins. If he's claiming them back, it suggests he didn't hand them over (i.e. as part of deal). So, weak password?

Maybe no password. If he didn't have the sense to have it distributed through multiple offline wallets with some kind of auto-drain for at least some of them...

Feds don't seem to be doing that either.

Didn't the feds capture him in a library while he was using his laptop? If they got the laptop while it was on, they could easily copy the wallet files. As for the password, maybe he had it stored in a txt file somewhere on his laptop?

if that is the case, then he's really really stupid for not using cold wallet storage.. or hiding it somewhere in the event of him being caught. can't believe such a reckless guy would maintain SR. you don't even need to be smart to realize that all your shit will be taken when caught.