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

[bitserve]

^ Just so you can finally shut up repeating the same old argument over and over. Yes, we are going to a cashless society. That is probably already irreversible, it's just a matter of time.
No, I don't think states are supporting Bitcoin for that nor they really need to but if that were the case it would go to the moon first.

Now just fucking stop FFS.

What do you mean we are going to a cashless society?

The only time I have used cash in the past 12 months was when I was defeated by a parking machine in a UK seaside town which would not let me out without a pound coin.  I had to go to an ATM and then to a pub to buy a beer so I could get a coin.  Fucking savages in the UK.

Well that's exactly what I mean. I still profusely use cash because of reasons. Most people don't because of convenience. But we are going onto a path where soon will come the day that we won't be able to use cash (for the most part) even if WE WANTED TO.

Most euro countries you can not even buy a high end TV set using cash. It's forbidden by law. They will keep decreasing the max limits over time.

Why?

Because cash is way harder to control than banking fiat or even Bitcoin.

[1715014660]

1715014660

[d_eddie]

What if we tried not to engage him for, like, say, a week, and see what happens?

[gentlemand]

I wonder what exchange they use. Don't tell me they use finex.

Absolutely no way in hell are they using a wild crypto.

The article repeatedly references 'blockchain' and nothing but.

[Last of the V8s]

https://twitter.com/campuscodi/status/1084911549804892160
SCP implementations impacted by 36-years-old security flaws. OpenSSH, Putty, and WinSCP are all impacted. Patches available for WinSCP.
https://www.zdnet.com/article/scp-implementations-impacted-by-36-years-old-security-flaws/

one more time for luck: thirty-six-year-old sec flaws older than some of you here lol

[realr0ach]

one more time for luck: thirty-six-year-old sec flaws

Shilling for imaginary, valueless, digital shitcoins instead of physical metals.  What could go wrong?

[bitserve]

https://twitter.com/campuscodi/status/1084911549804892160
SCP implementations impacted by 36-years-old security flaws. OpenSSH, Putty, and WinSCP are all impacted. Patches available for WinSCP.
https://www.zdnet.com/article/scp-implementations-impacted-by-36-years-old-security-flaws/

one more time for luck: thirty-six-year-old sec flaws older than some of you here lol

36 years ago I was only using telnet.... no, wait... I wasn't even using Internet, just BBS.  

P.S.: Bleh, it's not that much critical:

CVE-2018-20685 - An SCP client app allows a remote SCP server to modify permissions of the target directory.
CVE-2019-6111 - A malicious SCP server can overwrite arbitrary files in the SCP client target directory. If a recursive operation (-r) is performed, the server can manipulate subdirectories as well (for example overwrite .ssh/authorized_keys).
CVE-2019-6109 - The terminal client output can be manipulated via ANSI code to hide subsequent operations.
CVE-2019-6110 - Similar as above.

[hatshepsut93]

Guys the Russians are not coming.   That’s a Twitter circle jerk, nothing more.  

Crypto media are a big joke: https://imgur.com/yN1mBrh

But a lot of people only read titles, and even those who read articles don't bother to do it critically and check the sources, so that at least partially explains the volatility.

[afbitcoins]

^ Just so you can finally shut up repeating the same old argument over and over. Yes, we are going to a cashless society. That is probably already irreversible, it's just a matter of time.
No, I don't think states are supporting Bitcoin for that nor they really need to but if that were the case it would go to the moon first.

Now just fucking stop FFS.

What do you mean we are going to a cashless society?

The only time I have used cash in the past 12 months was when I was defeated by a parking machine in a UK seaside town which would not let me out without a pound coin.  I had to go to an ATM and then to a pub to buy a beer so I could get a coin.  Fucking savages in the UK.

Well that's exactly what I mean. I still profusely use cash because of reasons. Most people don't because of convenience. But we are going onto a path where soon will come the day that we won't be able to use cash (for the most part) even if WE WANTED TO.

Most euro countries you can not even buy a high end TV set using cash. It's forbidden by law. They will keep decreasing the max limits over time.

Why?

Because cash is way harder to control than banking fiat or even Bitcoin.

cash is the ultimate privacy token. which is why powers that be hate it (even though they control the supply) ;-)

don't write it off. it has uses. Going cashless will mean less freedom

[rolling]

https://www.telegraph.co.uk/technology/2019/01/14/russia-plans-tackle-us-sanctions-bitcoin-investment-says-kremlin/

Russia is preparing an investment in Bitcoin to replace the US dollar as a reserve currency in a bid to tackle US sanctions, according to a Russian economist with close ties to the Kremlin.
Cryptocurrencies have seen a surge of interest in Russia, with President Vladimir Putin expressing interest in the digital assets in recent months. Mr Ginko believes Bitcoin and the wider cryptocurrency industry now account for 8pc of Russia’s GDP, and investment to bolster the country’s reserves with Bitcoin could start as soon as February.

“[The] Russian government is about to make a step to start diversifying financial reserves into Bitcoin since Russia [is] forced by US sanctions to dump US Treasury bonds and [take] back US dollars,” Mr Ginko said.

“These sanctions and the will to adopt modern financial technologies lead Russia to the way of investing its reserves into Bitcoin.”

Scary if true. I've thought about this quite a bit since reading "The Bitcoin Standard".

The countries who are first to adopt Bitcoin as their reserve currency or at least partially back their currencies with BTC are likely to be the most wealthy countries in 10-20 years. It could really shift the balance of power without a shot being fired.

[HI-TEC99]

^ Just so you can finally shut up repeating the same old argument over and over. Yes, we are going to a cashless society. That is probably already irreversible, it's just a matter of time.
No, I don't think states are supporting Bitcoin for that nor they really need to but if that were the case it would go to the moon first.

Now just fucking stop FFS.

What do you mean we are going to a cashless society?

The only time I have used cash in the past 12 months was when I was defeated by a parking machine in a UK seaside town which would not let me out without a pound coin.  I had to go to an ATM and then to a pub to buy a beer so I could get a coin.  Fucking savages in the UK.

Well that's exactly what I mean. I still profusely use cash because of reasons. Most people don't because of convenience. But we are going onto a path where soon will come the day that we won't be able to use cash (for the most part) even if WE WANTED TO.

Most euro countries you can not even buy a high end TV set using cash. It's forbidden by law. They will keep decreasing the max limits over time.

Why?

Because cash is way harder to control than banking fiat or even Bitcoin.

cash is the ultimate privacy token. which is why powers that be hate it (even though they control the supply) ;-)

don't write it off. it has uses. Going cashless will mean less freedom

Going cashless doesn't work if there's a power cut.

[bones261]

What if we tried not to engage him for, like, say, a week, and see what happens?

It's like the siren's call. Maybe xhomerx10 should have us trade in our hats for earmuffs.

[El duderino_]

#HODLnest <——— me is going into

Goodnight WO’s

[Last of the V8s]

https://www.reddit.com/r/Bitcoin/comments/ag2cot/a_moment_of_silence_for_gerald_cotten_we_lost_a/
much sworn at bitcoiner dies

[Last of the V8s]

https://coinalyze.net/coin/bitcoin/
lots of TA toys for true believers in that

[Last of the V8s]

Guys I saw this homeless-looking Ozzie guy begging near the car park so I gave him a pound coin. Anyway, he was reading a copy of Fortune and the headline was
http://fortune.com/2019/01/14/russia-considering-shift-bitcoin-limit-impact-us-sanctions/
Guys Russia is going all in.
God bless Mother Russia and Vladislav Clitco or w/e

[d_eddie]

What if we tried not to engage him for, like, say, a week, and see what happens?

It's like the siren's call. Maybe xhomerx10 should have us trade in our hats for earmuffs.

I'm afraid you're right. At times, I've replied to him myself when I first came out of the lurking shadows.

[d_eddie]

Guys I saw this homeless-looking Ozzie guy begging near the car park so I gave him a pound coin. Anyway, he was reading a copy of Fortune and the headline was
http://fortune.com/2019/01/14/russia-considering-shift-bitcoin-limit-impact-us-sanctions/
Guys Russia is going all in.
God bless Mother Russia and Vladislav Clitco or w/e

Fortune, too, is downing the bait? 

[Last of the V8s]

Guys I saw this homeless-looking Ozzie guy begging near the car park so I gave him a pound coin. Anyway, he was reading a copy of Fortune and the headline was
http://fortune.com/2019/01/14/russia-considering-shift-bitcoin-limit-impact-us-sanctions/
Guys Russia is going all in.
God bless Mother Russia and Vladislav Clitco or w/e

Fortune, too, is downing the bait? 

smellygraph, zerohedge, fortune, the express all gobbled it up
now the altcoin press is coming out with 'it was fake news' https://www.ccn.com/fake-news-why-russia-is-probably-not-planning-a-10-billion-bitcoin-buy/

[Last of the V8s]

One day St Vladislav will come and save us.
The meme will turn real.

[realr0ach]

Scary if true. I've thought about this quite a bit since reading "The Bitcoin Standard".

The countries who are first to adopt Bitcoin as their reserve currency or at least partially back their currencies with BTC are likely to be the most wealthy countries in 10-20 years. It could really shift the balance of power without a shot being fired.

Are you guys 10 years old?  One of the biggest scams in a government's toolshed is seigniorage fee.  They want to issue you a piece of paper that costs them 3 cents to make while having a $1 face value.  They pocket the other 97 cents.  In other words, if/when the Jew banks (that's who your country is run by) do anything with craptocurrency, it's NOT going to be buying bitcoins - because they get no seigniorage fee - it will be them trying to force their own govt coin on you.

This is why the evil Jewish overlords like Bernanke and Larry summers are praising digital shitcoins and shilling against physical metals.  They want to bait and switch you into a digital, govt tracking system coin they 'print' with maximum seigniorage fee to rip you off.  They can also squeek some seigniorage fee out of metals as money, just not as much as fiat paper or completely imaginary, worthless, digital tokens.  But all these non-fungible, tracking system digital tokens will be a dystopia like the Chinese social credit score system, so you need to be a complete dumbass to agree to use them over physical metals.