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

[Cryptotourist]

My favorite British saying:

"Assumption is the mother of all fuck ups"

Fuckery™ included.

[1714107860]

1714107860

[Last of the V8s]

Damn I haven't time to go through all this yet, got a dog with a nasty cut.
https://twitter.com/binance/status/1125959459782553600 cz saying the suggestion to reorg came from the community and other verlakkerij
https://twitter.com/JeremyRubin/status/1125919526485254144 rubin being an utter twat and suggesting it
https://twitter.com/brian_trollz/status/1125927753096863751 shinobi rebuffing him

the hack that wasn't a hack
a nice friendly hack to emphasise to the newbies in the institutions that bitcoin is immutable

[El duderino_]

Fucking hackers finally got an exchange whole I have coins on it. Although I only trade a small amount, remember the old saying, not your keys, not your coins.

Binance is alright though, I can't see them fucking up over 7k btc.

[mindrust]

Fucking hackers finally got an exchange whole I have coins on it. Although I only trade a small amount, remember the old saying, not your keys, not your coins.

Binance is alright though, I can't see them fucking up over 7k btc.

There is another possibility now. What if I told you the lost funds may not limited to 7k btc?

https://www.reddit.com/r/CryptoCurrency/comments/blyjsd/the_hack_may_be_worse_than_binance_is_letting_on/

I got some funds on some other exchange which is relatively safer than both binance and finex and I am withdrawing them all right now.

Think about it, if it was only $40m he wouldn't be discussing a rollback would he? He can't be that stupid. The thing is he actually discussed it publicly. That means...

The next 48 hours will be extremely critical.

[fluidjax]

CZ...you said safu?   


apparently the hot wallet at Binance lost 7k corn...ouch.

Glad that they don't want a BTC rollback...

That would be ******.

A consensuses for such a rollback would be madness. Every stupid fuck could demand a rollback for a lost wallet if they would allow it in this case.

Indeed, I doubt that they would have been able to if they tried. This further illustrates the necessity of further distribution of the hash power and why centralisation is a bad thing when it comes to BTC.
I would be happier if we had further diversification in the hash power.

What CZ@Binance wants,  or when miners want to fork, doesn't matter. They are free to do as they wish.
UASF & 2X was the watershed, when the power was ultimately confirmed to be in the hands of the holders.

[HairyMaclairy]

Much more to this than meets the eye.

verlakkerij

You might be onto something.  

Why would the second largest Tether exchange want to suspend withdrawals in the middle of the biggest Tether crisis yet?

Is Binance trying to stop a run on the bank because they have gotten wind of something happening this week?

verlakkerij
 

[HairyMaclairy]

Quesque le fuck



https://twitter.com/bitfinexed/status/1125948259229491200?s=21

https://thenextweb.com/hardfork/2018/07/05/syscoin-binance-cryptocurrency-2/amp/

[fillippone]

Quesque le fuck



https://twitter.com/bitfinexed/status/1125948259229491200?s=21

LOL of the day.

[Cryptotourist]

Last of the Hairy's & Hairy V8, love your inputs

[HairyMaclairy]

Also Binance’s insurance fund (SAFU) is stored in BNB (Binance Coin).  


Oh how we laughed !

[Febo]

So what do you trolls and so called geniuses think of the btc price 6 months from now?

$9000, but I am getting confused now since some say that bull run started in February.

CZ...you said safu?  


apparently the hot wallet at Binance lost 7k corn...ouch.

Glad that they don't want a BTC rollback...

That would be ******.

That would be attack on Bitcoin so attack on all of us. What would lead to end of Binance.   What CZ needs is a Bitcoin class, so he learns the basics how Bitcoin works. That way he will learn what gives Bitcoin value and he might cherish it more to not lose it like this.  Immutability is one of most important Bitcoin traits.

[BTCMILLIONAIRE]

Quesque le fuck



https://twitter.com/bitfinexed/status/1125948259229491200?s=21

https://thenextweb.com/hardfork/2018/07/05/syscoin-binance-cryptocurrency-2/amp/

Yeah I saw some tweets about that. Mostly from tinfoil tier retards though.

No shit if the HOT wallet with 7000 BTC got hacked once it would likely have a similar amount the next time around if it happens only one year later.

People are either retarded or opportunistic (margin shorts now/longs after clear).


Also, people seem completely oblivious to how hard it is to guard against hacking.

[Obao6]

So Binance hacked itself and will reimburse the victims with Binance tokens?

[d_eddie]

@kenzawak
Some of those places are on my to-do list. If you visit any of them, a few words would be appreciated.

And thanks for the merit!  

[kenzawak]

@kenzawak
Some of those places are on my to-do list. If you visit any of them, a few words would be appreciated.

And thanks for the merit!  

I'm already back home. I didn't have much time to check those out.
But if I do one day, I'll let you know. 
Only thing I can tell you is about the first address you posted, well about the area where it's located. Ryogoku is where Sumos train. You can go watch one of their sessions in the morning (gotta reserve in advance though).

You're vegetarian too ? Vegan even ?

[vroom]

[fillippone]

If #bitcoin markets have learned and have become more efficient,
then markets could front run next halving. Front run scenario could look like this:

https://twitter.com/100trillionUSD/status/1126095595851141120

One of my wildest (wet) dream. I am speaking about market efficiency, of course.

[d_eddie]

@kenzawak
Some of those places are on my to-do list. If you visit any of them, a few words would be appreciated.

And thanks for the merit!  

I'm already back home. I didn't have much time to check those out.
But if I do one day, I'll let you know.  
Only thing I can tell you is about the first address you posted, well about the area where it's located. Ryogoku is where Sumos train. You can go watch one of their sessions in the morning (gotta reserve in advance though).

Nice tip about sumo training! I've never seen it live, but I did meet a wrestler once in the metro. His clean baby smell (talcum powder) could be felt from a distance through the crowd. I managed a photo with the baby hulk.

About restaurants - My first tip would have been about this tofu-only place with an impressive menu, outstanding quality and reasonable prices, but I can't recall its name or location. It was 10 years ago, who knows if it's even still there. I'd like to go there again though.

You're vegetarian too ? Vegan even ?

No, but I'm open, and I have a vegan day once in a while just for the heck of it. Serious vegans go against our own biology IMO.

I know it's quite hard to be a veg in Japan, they will slip animal products everywhere without a warning - you probably know their basic dashi broth, used in almost everything they cook, is made with small fish about 50% of the time.

Sorry I had to reply here. It's so unconvenient to discuss travel destinations and other pleasantries with all these people posting OTs about this bit dollar thing, or whatever it's called... why don't they go somewhere else?

[nutildah]

The hacker sent funds to an address from which they can't be spent???

https://cryptopotato.com/did-binance-really-get-hacked-these-conspiracies-might-prove-otherwise/

Sounds like CZ has some serious haters. Of course the rollback idea is dumb. It was dumb when Ethereum did it, it's dumb now. Too bad he had to actually say that. He is/was one of my favorite crypto personalities.

[El duderino_]

I doubt it with all this roll back fud and talk, it's not even happening or being attempted and people are acting like the sky is falling.

It wouldn't even work.

I didn't saw any skies falling and even didn't really saw a lot of BTC'ers being bothered with it, what I definitely like