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

[mOgliE]

All my funding on Bitfinex has been munched up. Lots of lovely interest for me

I like it when provided funding suddenly gets returned to the pot... Oh the joy of shorters getting rekt!

Are the interests on Bitfinex anyway near attractive?

Last time I checked they were just ridiculous...

Is tiny, currently 0.03% for the FFR. But it trickles in nicely.
Are there other reasonable well trusted exchanges offering more?

0.03% per day?

No no as far as I know. I trade with the BTC cause lending is just not profitable enough.

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[cAPSLOCK]

Have you guys read this and, if you have, what do you think about it?

https://www.reddit.com/r/btc/comments/7pfl75/a_public_appeal_to_michael_marquardt_the_original/

Opened it, read like the first few pages... didn't find any single piece of evidence or solid argument about anything. Stopped reading and erased it from my mind. No opinion.

So it’s all just bullshit? Even the part about the new forum software?

LOL I am going to get in trouble with Theymos for meriting that.  But it made me cough up a lung.

[QuestionAuthority]

Have you guys read this and, if you have, what do you think about it?

https://www.reddit.com/r/btc/comments/7pfl75/a_public_appeal_to_michael_marquardt_the_original/

Opened it, read like the first few pages... didn't find any single piece of evidence or solid argument about anything. Stopped reading and erased it from my mind. No opinion.

So it’s all just bullshit? Even the part about the new forum software?

LOL I am going to get in trouble with Theymos for meriting that.  But it made me cough up a lung.

I’m always here to help smokers with their cancer problem. LOL

Thanks for the merit.   

[Paashaas]

BOOM!

[bitserve]

Have you guys read this and, if you have, what do you think about it?

https://www.reddit.com/r/btc/comments/7pfl75/a_public_appeal_to_michael_marquardt_the_original/

Opened it, read like the first few pages... didn't find any single piece of evidence or solid argument about anything. Stopped reading and erased it from my mind. No opinion.

So it’s all just bullshit? Even the part about the new forum software?

Where's that part? I don't know if it is all bullshit, there's a lot of words there and very little meat.

I don’t think you read down far enough. People start to post links and talk about different shit further down. Most of it does look like drama crap but there’s enough realistic shit to make me curious.

Tried again. I am really not sure what you are referring to. There's a multitude of points being discussed in that thread. Maybe I am a bit dense today. What is your hypothesis?

No hypothesis, just curious if anyone believed any of it. Do you think Michael Marquardt is still thermos? Do you ever see a new forum appearing after all these years? What would the final dollar value of the forum be, $20 million, $40 million? That’s some pretty expensive forum software considering SMF is free.


Edit: waiting to see how long it takes for this post to be deleted.

I am not even completely sure if Theymos was ever Michael Marquardt. Theymos could have always been more than one person, or could have been different persons in different periods. Maybe C0bra is Theymos and Theymos is C0bra, or maybe they are the same person. I think c0bra is trolling the poor Bcash bastards from the very beginning, but this is unrelated....

No, I don't think a new forum is happening anytime soon. I don't even see the need. This one is fine. Some features should be added asap though: Like 2FA and a safe, secure, automated (or with minimal manual supervision/approval) procedure for account recovery.

I can't speculate on the price of some vaporware nor I do have any idea what price should be applied to the original Bitcoins without knowing how many there still are or when they were sold.


P.S: Do posts mentioning theymos really get always deleted or is it just another myth?

[JayJuanGee]

Difficult to know what December 2018 and thereafter is going to bring in terms of BTC price performance, but I am having some doubts that in the short-term shorting BTC is going to be nearly as lucrative as it was in either 2014 or 2018...   but what do I know?  

The medium to long term price is relatively easy to predict... only shorter term is difficult.

However, atm the price is in a very steady downtrend, so expect more of the same. The only interruption will be the odd sharp rally over the next few months, but the trend is still down.

Actually, I am ready to concede about the bear market characterization of the current BTC market.    

[pönde]

BOOM!

Is the December figure an estimate or only for the first five days?

[empowering]

Difficult to know what December 2018 and thereafter is going to bring in terms of BTC price performance, but I am having some doubts that in the short-term shorting BTC is going to be nearly as lucrative as it was in either 2014 or 2018...   but what do I know?  

The medium to long term price is relatively easy to predict... only shorter term is difficult.

However, atm the price is in a very steady downtrend, so expect more of the same. The only interruption will be the odd sharp rally over the next few months, but the trend is still down.

Actually, I am ready to concede about the bear market characterization of the current BTC market.    

Did the whole 20k to 4K thing not quite make its mark ?

(Answers on a postcard,or better still a postage stamp.)

[QuestionAuthority]

Have you guys read this and, if you have, what do you think about it?

https://www.reddit.com/r/btc/comments/7pfl75/a_public_appeal_to_michael_marquardt_the_original/

Opened it, read like the first few pages... didn't find any single piece of evidence or solid argument about anything. Stopped reading and erased it from my mind. No opinion.

So it’s all just bullshit? Even the part about the new forum software?

Where's that part? I don't know if it is all bullshit, there's a lot of words there and very little meat.

I don’t think you read down far enough. People start to post links and talk about different shit further down. Most of it does look like drama crap but there’s enough realistic shit to make me curious.

Tried again. I am really not sure what you are referring to. There's a multitude of points being discussed in that thread. Maybe I am a bit dense today. What is your hypothesis?

No hypothesis, just curious if anyone believed any of it. Do you think Michael Marquardt is still thermos? Do you ever see a new forum appearing after all these years? What would the final dollar value of the forum be, $20 million, $40 million? That’s some pretty expensive forum software considering SMF is free.


Edit: waiting to see how long it takes for this post to be deleted.

I am not even completely sure if Theymos was ever Michael Marquardt. Theymos could have always been more than one person, or could have been different persons in different periods. Maybe C0bra is Theymos and Theymos is C0bra, or maybe they are the same person. I think c0bra is trolling the poor Bcash bastards from the very beginning, but this is unrelated....

No, I don't think a new forum is happening anytime soon. I don't even see the need. This one is fine. Some features should be added asap though: Like 2FA and a safe, secure, automated procedure for account recovery.

I can't speculate on the price of some vaporware nor I do have any idea what price should be applied to the original Bitcoins without knowing how many there still are or when they were sold.

That’s a good point. Maybe theymos was always the same person but who knows who that person really is? It could even be a rotating job held by many different people. I just don’t understand, why hype a new forum if it was never going to happen? That makes no sense to me. The 6000 btc in donations were given to the forum and rightly belong to the person or people that own the forum. There’s no need to make shit up to cover it.

[P_Shep]

All my funding on Bitfinex has been munched up. Lots of lovely interest for me

I like it when provided funding suddenly gets returned to the pot... Oh the joy of shorters getting rekt!

Are the interests on Bitfinex anyway near attractive?

Last time I checked they were just ridiculous...

Is tiny, currently 0.03% for the FFR. But it trickles in nicely.
Are there other reasonable well trusted exchanges offering more?

0.03% per day?

No no as far as I know. I trade with the BTC cause lending is just not profitable enough.

Yep, per day.
I'm shit at trading, so this is a much lower risk strategy for me!

[bitserve]

^ My theory is that there was a bonafide intention to create that new forum software but the development never reached a satisfactory result. Probably many of those initial 6000BTC (is this a completely confirmed exact amount btw?) were spent along the path at prices WAY lower than todays.

IIRC there was also a good chunk that got "lost" when one of the custodians died.

In other words: Shit happens.

Why the feeling that a new forum software was needed is something I don't know as it is a subject I have never been really interested in.

Anyways, at this point I am completely speculating with no base tbh.

[bitmover]

^ My theory is that there was a bonafide intention to create that new forum software but the development never reached a satisfactory result. Probably many of those initial 6000BTC (is this a completely confirmed exact amount btw?) were spent along the path at price WAY lower than todays.

The value was not spend. I saw the address few months ago and it was intact. I don't want tk find it now but someone posted in a topic few time ago.

I doubt this new forum software is going to beê released anytime soon. I agree with you about 2fa and recovery, that's urgent.

Hilariousandco said it will be released soon (automatic recovery).

2fa is a dream which will never come true. However it would generate a lot of problems too, as people would soon be crying about losing their Google authenticatior...

[bitcoinPsycho]

Who sold all the bitcoins?

[Torque]

OMG what a dumpster fire shit show. Everyone involved should be ashamed. This is NOT how Bitcoin wins hearts and minds of the public, quite the opposite. These fkn idiots need to grow up.

https://breakermag.com/trapped-at-sea-with-cryptos-nouveau-riche/

[mOgliE]

The value was not spend. I saw the address few months ago and it was intact. I don't want tk find it now but someone posted in a topic few time ago.

6kBTC not sold still in wallets?

Theymos is really rich as fuck XD
You don't need more than 20 BTC to make the best forum ever right now

2fa is a dream which will never come true. However it would generate a lot of problems too, as people would soon be crying about losing their Google authenticatior...

Which is actually a bit of a problem...
I've always found GA to be a little obscure on how to retrieve your infos if you lost your phone or it suddenly stops working.

But don't really see the point of 2FA on the forum though Oo
Not like there is BTC stored here. And hacking an account has 0 value as it would soon be tagged as stolen.

[QuestionAuthority]

^ My theory is that there was a bonafide intention to create that new forum software but the development never reached a satisfactory result. Probably many of those initial 6000BTC (is this a completely confirmed exact amount btw?) were spent along the path at prices WAY lower than todays.

IIRC there was also a good chunk that got "lost" when one of the custodians died.

In other words: Shit happens.

Why the feeling that a new forum software was needed is something I don't know as it is a subject I have never been really interested in.

Anyways, at this point I am completely speculating with no base tbh.

The 6000 btc is a pretty solid number that can be confirmed from multiple sources. Even if you just go by the old list of doners it’s in the 3000 range with another 3000 coming from advertisers. Parapan was only holding 200 btc when he “died”. You’re right shit does happen. TBH I don’t really care about the forum software anymore either. There are too many other sources of bitcoin info now and this forum (with the exception of this thread) is nothing more than an altcoin bounty advertising medium. Speculation is fun sometimes though. Isn’t that what everyone is doing here, speculating? LOL

[Hyperjacked]

Wow crypto has taken a dump 
Not sure when to rebuy but we might be getting close IMHO 
Maybe when ppl lay off the full panic mode toilet flush
Cheers Bitcoinland

[tmfp]

The next few hours will be crucial.^tm

Given the weakness in equities, I'm a bit disappointed that there doesn't appear to be any "safe haven" hedging role for Bitcoin.

[bitmover]

Which is actually a bit of a problem...
I've always found GA to be a little obscure on how to retrieve your infos if you lost your phone or it suddenly stops working.

Google authenticatior (ga) is not obscure about anything. They clearly state at their website that if you lose your phone, it is over. There is no backup or anything. It is safer, because it cannot be hacked... So safe that even you cannot access if you lose it.

What you can do is use Authy instead of GA, which is backed up in a cloud... It is less secure, as it can be hacked.

More information here

https://bitcointalk.org/index.php?topic=3178131.0

But don't really see the point of 2FA on the forum though Oo
Not like there is BTC stored here. And hacking an account has 0 value as it would soon be tagged as stolen.

Those accounts are valuable.
They do not hold BTC, but they may have sentiment value... They also have can be used to earn BTC through campaigns/bounties. They also carry your reputation, as some of those accounts have holder hundreds of BTC as escrow or something like that .. some also are used by professional developers..

So, those accounts should be more protected in my opinion.

[bitserve]

Guys, guys... What are you talking about no backup for GA 2FA?

You can fucking write down the "seed", store it in a safe place, and recover from it if needed..

Also, another option is using FIDO 2FA which everyone with a hardware wallet could use. It would be really easy to implement too. And it makes sense, because... crypto, you know.