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

[gentlemand]

I read somewhere...

There is literally not one shred of proof for one single molecule of this entire story.

Nothing proves Dave Kleiman had anything to do with anything. Double nothing to point to BSV's Fat Controller being adjacent to it.

[VB1001]

D-day in Bitfinex trial - Will Bitcoin price react?

ALL EYES ON MONDAY’S TRIAL OUTCOME

As previously reported by Bitcoinist, the Supreme Court of the State of New York will resume hearing on the case between the NYAG and bitcoin exchange platform Bitfinex on Monday (July 29, 2019).

A negative outcome for iFinex — the parent company of Bitfinex, could potentially open the exchange and Tether up to more lawsuits. The NYAG is accusing Bitfinex of covering up $850 million in client losses.

https://bitcoinist.com/d-day-in-bitfinex-trial-will-bitcoin-price-react/

My view is that they are gonna lose big. Others? What do you all think?

Judge Punts on Decision in NYAG Case Against Bitfinex and Tether

On Monday, New York Supreme Court Judge Joel M. Cohen said he needed more time to make a final decision on whether to dismiss the NYAG’s case entirely, or rule the other way and reject Bitfinex and Tether’s motion to dismiss. As such, a preliminary injunction he filed in May will be extended, probably for 90 days.

“The idea is to keep things where they are until the decision of this motion, so the decision is to extend the stay and … extend the injunction.”

The ruling means Bitfinex and Tether can continue operating their businesses as normal, but Tether still cannot lend any more funds to Bitfinex.

https://www.coindesk.com/judge-punts-decision-nyag-bitfinex-tether

Honestly, I have no idea how it can end.

[HairyMaclairy]

There is an objective: unfucken the protocol, returning it to the original version.

So the original version called for bitcoin acting as a file and data storage service?

And a service that will have to be run by nation states and/or giant corporations, and will be permissioned, censored and controlled by them?   (assuming it can work at all)

Good questions. The shills from the BSV camp want bitcoin to be a centralized, corporate tool. This is one of the reasons people dont believe CSW is Satoshi.

Consistent with JJG’s law, some readers will think that the BSV shills are government agents. 

[AlcoHoDL]

I read somewhere that CSW has in his possession a wallet belonging to Satoshi or one of his close friends (can't remember the details). He is currently using a huge computer farm to brute-force it open and get hold of the private key. His friend, pedophile Calvin Ayre is funding and helping him do it.

I wonder what will happen if they manage to crack that wallet. CSW will be able to "prove" he's Satoshi by signing a message using the cracked private key.

Well, I don't think it'll be so easy to crack the wallet anyway, so nothing may happen. But it's interesting to know what they're up to. Maybe that's why CSW said that 2019 will be the year that BTC will die...

I don’t believe it’s possible to brute force a private key, certainly not in our lifetime with current computer tech any way.

CW is an utter moron & it’s probably best to totally disregard anything he claims he can so. He’s full of shit and the sooner he’s in our rear view mirror the better.

He won’t be signing a message from a Satoshi owned wallet.

I second that. If the wallet is properly protected (with a long, well chosen passphrase) it's just not crackable in our lifetime. I think he may be betting on a weak passphrase or he knows something that reduces the search space, or he's simple bluffing and feeding his egomania (the latter being the most probable).

I read somewhere...

There is literally not one shred of proof for one single molecule of this entire story.

Nothing proves Dave Kleiman had anything to do with anything. Double nothing to point to BSV's Fat Controller being adjacent to it.

Yup, that's the name I couldn't remember. I think CSW is just playing the communications game, trying to spread misinformation and fear. Not for long, 2019 will pass, the 2020 halving will come, BTC will rise to 6+ figures and he'll disappear, except maybe as meme material.

[HairyMaclairy]

There is an objective: unfucken the protocol, returning it to the original version.

So the original version called for bitcoin acting as a file and data storage service?

And a service that will have to be run by nation states and/or giant corporations, and will be permissioned, censored and controlled by them?   (assuming it can work at all)

Good questions. The shills from the BSV camp want bitcoin to be a centralized, corporate tool. This is one of the reasons people dont believe CSW is Satoshi.

I read somewhere that CSW has in his possession a wallet belonging to Satoshi or one of his close friends (can't remember the details). He is currently using a huge computer farm to brute-force it open and get hold of the private key. His friend, pedophile Calvin Ayre is funding and helping him do it.

I wonder what will happen if they manage to crack that wallet. CSW will be able to "prove" he's Satoshi by signing a message using the cracked private key.

Well, I don't think it'll be so easy to crack the wallet anyway, so nothing may happen. But it's interesting to know what they're up to. Maybe that's why CSW said that 2019 will be the year that BTC will die...

This is CSW propaganda.  There is no such wallet.

And even if pretending there was such a wallet, then he doesn’t have a chance between now and the heat death of the universe.

Edit:  just caught up to the tip of the thread and this has already been said, but leaving this post here anyway.

[AlcoHoDL]

There is an objective: unfucken the protocol, returning it to the original version.

So the original version called for bitcoin acting as a file and data storage service?

And a service that will have to be run by nation states and/or giant corporations, and will be permissioned, censored and controlled by them?   (assuming it can work at all)

Good questions. The shills from the BSV camp want bitcoin to be a centralized, corporate tool. This is one of the reasons people dont believe CSW is Satoshi.

I read somewhere that CSW has in his possession a wallet belonging to Satoshi or one of his close friends (can't remember the details). He is currently using a huge computer farm to brute-force it open and get hold of the private key. His friend, pedophile Calvin Ayre is funding and helping him do it.

I wonder what will happen if they manage to crack that wallet. CSW will be able to "prove" he's Satoshi by signing a message using the cracked private key.

Well, I don't think it'll be so easy to crack the wallet anyway, so nothing may happen. But it's interesting to know what they're up to. Maybe that's why CSW said that 2019 will be the year that BTC will die...

This is CSW propaganda.  There is no such wallet.

And even if pretending there was such a wallet, then he doesn’t have a chance between now and the heat death of the universe.

Edit:  just caught up to the tip of the thread and this has already been said, but leaving this post here anyway.

About the ability to crack a wallet, it could be possible and even easy to crack, if the original owner of the wallet has chosen a weak passphrase. But, assuming the original wallet owner is Satoshi, surely, he must have used a strong passphrase, so all is good.

[...insert waiting skeleton meme here...]

As for the info being CSW propaganda, yes, it probably is.

[John Abraham]

470 more pages since I last visited

BTC is quite stable these days. Would be helpful to my DCA if more blood was there  
I hope you guys are doing well as well.

I don’t believe it’s possible to brute force a private key, certainly not in our lifetime with current computer tech any way.

It will take CW to his son to his son to his son to his son   Long after someone will say, "My grandpa's grandpa's grandpa's grandpa's grandpa was Satoshi Nakamoto."  



https://images.app.goo.gl/PqSggoubZUzVYMbU6

[JayJuanGee]

There is an objective: unfucken the protocol, returning it to the original version.

So the original version called for bitcoin acting as a file and data storage service?

And a service that will have to be run by nation states and/or giant corporations, and will be permissioned, censored and controlled by them?   (assuming it can work at all)

Good questions. The shills from the BSV camp want bitcoin to be a centralized, corporate tool. This is one of the reasons people dont believe CSW is Satoshi.

Consistent with JJG’s law, some readers will think that the BSV shills are government agents. 

hahahaha

You know that some people do not want to be described as a legend while they are still living because they believe that such honor should only rightfully be bestowed upon the dead.

In this case, I must either be a kind of legend or perhaps dead to have been the perpetrator of the repetitious spread of a law phenomenon that has become so profound at least in the thinking of one member that even I did not know the significance of my own doings.  Go figure.

[JayJuanGee]

470 more pages since I last visited

Surely we are averaging posting in the 15 to 20 pages per day range.  No wonder I can hardly get anything done these days.

BTC is quite stable these days. Would be helpful to my DCA if more blood was there  

I thought that a relatively pure DCA approach would not give two shits about short-term BTC price?  because the presumption underlying a DCA approach is that on a long enough horizon (even as low as 3.5 years in bitcoin) you are likely to be ahead by quite a bit because you continued to regularly invest and the asset (in this case bitcoin) ultimately went up (even if on the shorter term it goes down, even for extended periods of time)?

[mindrust]

FUCKING SHIT IF YOU ARE GOING TO GO UP GO UP ALREADY AND MAKE ME RICH FFS

IF YOU ARE GOING TO GO DOWN GO FUCKIN DOWN SO I CAN BUY MORE

...and i thought $5k was bad.

Getting stuck at $9-10k feels so disgusting. Don't want to buy many because dunno if it is going to go up sharply or go down and create more buy opportunities.

Sorry for caps, i lost myself a bit.

Just wanted to shout. 

[Searing]

FUCKING SHIT IF YOU ARE GOING TO GO UP GO UP ALREADY AND MAKE ME RICH FFS

IF YOU ARE GOING TO GO DOWN GO FUCKIN DOWN SO I CAN BUY MORE

...and i thought $5k was bad.

Getting stuck at $9-10k feels so disgusting. Don't want to buy many because dunno if it is going to go up sharply or go down and create more buy opportunities.

Sorry for caps, i lost myself a bit.

Just wanted to shout.  

My Puppy price for mental comfort zone would be something above $10,100.00 USD. This is on the logic that Bitcoin was $5,050.00 on April 5th, 2019.

Thus, that is my 'happy place' price, when 'doubts' creep in, at double the price almost 4 months ago. Damn hard to get too excited by this drama above that price. IMHO.

Or so, I tell myself, treating that price as using my old blanket and thumb, back in the day.

[fabiorem]

There is an objective: unfucken the protocol, returning it to the original version.

So the original version called for bitcoin acting as a file and data storage service?

And a service that will have to be run by nation states and/or giant corporations, and will be permissioned, censored and controlled by them?   (assuming it can work at all)

Good questions. The shills from the BSV camp want bitcoin to be a centralized, corporate tool. This is one of the reasons people dont believe CSW is Satoshi.

I read somewhere that CSW has in his possession a wallet belonging to Satoshi or one of his close friends (can't remember the details). He is currently using a huge computer farm to brute-force it open and get hold of the private key. His friend, pedophile Calvin Ayre is funding and helping him do it.

I wonder what will happen if they manage to crack that wallet. CSW will be able to "prove" he's Satoshi by signing a message using the cracked private key.

Well, I don't think it'll be so easy to crack the wallet anyway, so nothing may happen. But it's interesting to know what they're up to. Maybe that's why CSW said that 2019 will be the year that BTC will die...

If Satoshi is Paul Le Roux, then this wallet is in the hands of the CIA, not CSW.

It is said this wallet is protected by TrueCrypt, so only a quantum computer will be able to crack it.

[El duderino_]

via Imgflip Meme Generator

via Imgflip Meme Generator

via Imgflip Meme Generator

Just got this pic from my mother, she lives in Brazil, nice

Go go gooo Corn

[JayJuanGee]

FUCKING SHIT IF YOU ARE GOING TO GO UP GO UP ALREADY AND MAKE ME RICH FFS

IF YOU ARE GOING TO GO DOWN GO FUCKIN DOWN SO I CAN BUY MORE

...and i thought $5k was bad.

Getting stuck at $9-10k feels so disgusting. Don't want to buy many because dunno if it is going to go up sharply or go down and create more buy opportunities.

Sorry for caps, i lost myself a bit.

Just wanted to shout.  

Hahahaha..

You are starting to sound like LFC...

hahahahahah.... I could not resist..

Also, you are going to show that micpeep was right, and you should just invest all your fiat into bitcoin as soon as it comes in.. then you don't need to get worked up about it.  Just write off your investment into btc, as soon as the fiat comes in, buy bitcoin with it... hahahahaha  I don't recommend that kind of an approach, but if you get worked up about what to do with the fiat in your hands, then your doing something wrong... especially because it seems to me that we are in a very good place right now.  

If you remember 2015.. we were stuck in the bottom for a bit more than 8 months.. arguably 10 months.  Surely, I would prefer to be in the $9k or whatever territory rather than bouncing between $3k and $5k for another 5 months which certainly would have been a reasonable price range to bounce around in at this time, too....and maybe we could have spent two years there... and even when we are there, then the bears start getting ideas about pushing the price lower... so this is a much better spot to be, in my not so humble bumble opinion.

Remember that the DCA portion of your funds should not give two shits about price... you just buy on a regular basis with that portion of your funds that is dedicated to DCA.. Of course, you can have a timeframe in which you spend it (like between paychecks or something like that.. I used to allocate on a weekly basis, but there can be some flexibility with those funds too, and surely they are not going to be timed perfectly, either).  

The other portion of your funds that are dedicated to buying on dips, you can just set it and forget it (well not completely forget it, but try NOT to think about it very much and just let the price come to your order prices and adjust them from time to time if you believe that the parameters for BTC price movement might have changed).

[El duderino_]

FUCKING SHIT IF YOU ARE GOING TO GO UP GO UP ALREADY AND MAKE ME RICH FFS

IF YOU ARE GOING TO GO DOWN GO FUCKIN DOWN SO I CAN BUY MORE

...and i thought $5k was bad.

Getting stuck at $9-10k feels so disgusting. Don't want to buy many because dunno if it is going to go up sharply or go down and create more buy opportunities.

Sorry for caps, i lost myself a bit.

Just wanted to shout. 

Put your MIND at RUST
Yeah, in Belgium RUST means peace
All-in FIAT to BTC

[AlcoHoDL]

There is an objective: unfucken the protocol, returning it to the original version.

So the original version called for bitcoin acting as a file and data storage service?

And a service that will have to be run by nation states and/or giant corporations, and will be permissioned, censored and controlled by them?   (assuming it can work at all)

Good questions. The shills from the BSV camp want bitcoin to be a centralized, corporate tool. This is one of the reasons people dont believe CSW is Satoshi.

I read somewhere that CSW has in his possession a wallet belonging to Satoshi or one of his close friends (can't remember the details). He is currently using a huge computer farm to brute-force it open and get hold of the private key. His friend, pedophile Calvin Ayre is funding and helping him do it.

I wonder what will happen if they manage to crack that wallet. CSW will be able to "prove" he's Satoshi by signing a message using the cracked private key.

Well, I don't think it'll be so easy to crack the wallet anyway, so nothing may happen. But it's interesting to know what they're up to. Maybe that's why CSW said that 2019 will be the year that BTC will die...

If Satoshi is Paul Le Roux, then this wallet is in the hands of the CIA, not CSW.

It is said this wallet is protected by TrueCrypt, so only a quantum computer will be able to crack it.

TrueCrypt is a very powerful encryption s/w. I use it every day at work (I'm handling highly classified data and I rely on it for their protection). However, if the passphrase is poorly chosen (say, something like "iLOVEbitcointalkBECAUSEitMAKESmeHAPPY"), then it can be very easily cracked using a $200 PC. Just because you're using TrueCrypt doesn't necessarily mean your data is secure. It's how you use it that matters. It's like choosing "1234" as your credit card PIN. It's not the algorithm that's weak, it's the user that's dumb.

So, the fact that the wallet is protected by TrueCrypt doesn't guarantee anything...

But... We're talking about Satoshi here, so I'm sure he has used a cryptographically strong passphrase.

----------

Edit: OK, maybe I overdid it and used too many words, "iLOVEbitcointalkBECAUSEitMAKESmeHAPPY" is not too bad of a passphrase after all... But what about "iLOVEbitcoin"? Would you use it? You get what I mean...

[El duderino_]

FUCKING SHIT IF YOU ARE GOING TO GO UP GO UP ALREADY AND MAKE ME RICH FFS

IF YOU ARE GOING TO GO DOWN GO FUCKIN DOWN SO I CAN BUY MORE

...and i thought $5k was bad.

Getting stuck at $9-10k feels so disgusting. Don't want to buy many because dunno if it is going to go up sharply or go down and create more buy opportunities.

Sorry for caps, i lost myself a bit.

Just wanted to shout. 

Hahahaha..

You are starting to sound like LFC...

hahahahahah.... I could not resist..

Also, you are going to show that micpeep was right, and you should just invest everything as soon as it comes in.. then you don't need to get worked up about it.  Just write it off, as soon as it comes in, buy bitcoin with it... hahahahaha  I don't recommend that, but if you get worked up about what to do, then your doing something wrong... especially because we are in a good place.  Surely, I would prefer to be here rather than bouncing between $3k and $5k which would have been a certainly reasonable price range at this time, too.

Remember that the DCA portion of your funds should not give two shits about price... you just buy on a regular basis with that portion of your funds.  The other portion you can just set it and forget it (well not completely forget it, but don't think about it very much and just let the price come to you and adjust them from time to time if you believe that the parameters might have changed).

Buy now or complain at 20K and 30K and .....

Or at least a part of that sitting cash

*off-course I know the brother knows what he’s doing and at Some level we all taking risks as how we see fit or where we are comfortable with....

But my very modest opinion is don’t always wait at least buy Some of the sitting cash (especially if as you say.... that cash is mean’t to buy BTC with..... that the main reason why I don’t understand the waiting, I would buy a part of it already at least.... and DCA the rest and NEW incoming cash....)

As you guys say “that my 2 satoshi’s”

[criptix]

Seeing the monthly chart we could just go back to 5k - plz no ridic bulltrap, amen.

[vroom]

TrueCrypt is a very powerful encryption s/w. I use it every day at work (I'm handling highly classified data and I rely on it for their protection). However, if the passphrase is poorly chosen (say, something like "iLOVEbitcointalkBECAUSEitMAKESmeHAPPY"), then it can be very easily cracked using a $200 PC. Just because you're using TrueCrypt doesn't necessarily mean your data is secure. It's how you use it that matters. It's like choosing "1234" as your credit card PIN. It's not the algorithm that's weak, it's the user that's dumb.

So, the fact that the wallet is protected by TrueCrypt doesn't guarantee anything...

But... We're talking about Satoshi here, so I'm sure he has used a cryptographically strong passphrase.

IMO iLOVEbitcointalkBECAUSEitMAKESmeHAPPY is a strong password and can not be cracked easily with a $200 PC. But I would add at least one number and a special character.

[JayJuanGee]

FUCKING SHIT IF YOU ARE GOING TO GO UP GO UP ALREADY AND MAKE ME RICH FFS

IF YOU ARE GOING TO GO DOWN GO FUCKIN DOWN SO I CAN BUY MORE

...and i thought $5k was bad.

Getting stuck at $9-10k feels so disgusting. Don't want to buy many because dunno if it is going to go up sharply or go down and create more buy opportunities.

Sorry for caps, i lost myself a bit.

Just wanted to shout.  

Hahahaha..

You are starting to sound like LFC...

hahahahahah.... I could not resist..

Also, you are going to show that micpeep was right, and you should just invest everything as soon as it comes in.. then you don't need to get worked up about it.  Just write it off, as soon as it comes in, buy bitcoin with it... hahahahaha  I don't recommend that, but if you get worked up about what to do, then your doing something wrong... especially because we are in a good place.  Surely, I would prefer to be here rather than bouncing between $3k and $5k which would have been a certainly reasonable price range at this time, too.

Remember that the DCA portion of your funds should not give two shits about price... you just buy on a regular basis with that portion of your funds.  The other portion you can just set it and forget it (well not completely forget it, but don't think about it very much and just let the price come to you and adjust them from time to time if you believe that the parameters might have changed).

Buy now or complain at 20K and 30K and .....

Or at least a part of that sitting cash

*off-course I know the brother knows what he’s doing and at Some level we all taking risks as how we see fit or where we are comfortable with....

But my very modest opinion is don’t always wait at least buy Some of the sitting cash (especially if as you say.... that cash is mean’t to buy BTC with..... that the main reason why I don’t understand the waiting, I would buy a part of it already at least.... and DCA the rest and NEW incoming cash....)

As you guys say “that my 2 satoshi’s”

Yeah, but I think that is what mindrust is doing.  I mean at least that is what I though that he was doing.

Let's say he gets new cash every two weeks or something like that.    He takes part of that cash and he buys more or less right away and then he takes the other part and waits for dips.

I think that the part of the problem is that he is trying to wait with all of the cash instead of buying with some right away, and another part of the problem is that he might be worried bout the cash that he has waiting... but if he does the allocation from the start and buys with part and waits with part, then that should, in theory, settle him down sufficiently in order that he does not have to worry which way the price goes, but I am starting to suspect that he is trying to play with all of the money when it comes in, which thereafter causes him more stress....  Only he would know exactly what he is doing, but he might not realize which part is causing him the stress, besides himself.. hahahahahahaha

Sometimes for certain personality types, no matter what they do they will be stressing about it, after the fact.