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

[fillippone]

I wonder what they should change the "Save" icon to...

True, floppy disks are just completely irrelevant.

Can't change it to a CD because they are nearing irrelevance.

The "Save" icon is iconic, but antiquated.

What would be a decent replacement?

No replacement.
Documents are continuously saved, as in Google drive.

[HairyMaclairy]

I wonder what they should change the "Save" icon to...

True, floppy disks are just completely irrelevant.

Can't change it to a CD because they are nearing irrelevance.

The "Save" icon is iconic, but antiquated.

What would be a decent replacement?

This is a good question.   I think it is time to stop trying to imitate things in the real world (skeuomorphism) and come up with a completely new icon.

Maybe an arrow that goes to the right and then bends 90 degrees straight down - meaning saving the document down.

*edit* you still need a “save as” icon?

[fillippone]

WO gang.
BTC is so lazy in these days, but I think this news is really important:



 LITECOIN WALLETS HIT BY LARGE-SCALE DUSTING ATTACK, SO WHAT IS IT?

Reports are emerging that Litecoin wallets have been hit by a new kind of cyber-attack called dusting. It has not affected LTC markets but is something that crypto traders and holders should be aware of. Binance Academy offered an explanation.

In short, a dusting attack is when scammers attempt to break the privacy of a cryptocurrency, Litecoin in this case, by sending tiny amounts of it to private wallets. The attackers then attempt to trace the transactional activity of these wallets in an attempt to discover the identity of the person that owns them.

The term ‘dust’ refers to the tiny fractions of crypto coins that most users ignore. A couple of hundred satoshis may be referred to as ‘dust’ as the sum is so tiny that most people would not even notice it. It is also prevalent on crypto exchanges as the remnants of transactions that remain in wallets and can no longer be user or transferred.

Here a description of the attack on Binance academy.
https://www.binance.vision/security/what-is-a-dusting-attack

This technique is used on Bitcoin too, so be alert WO gang: when someone send you some sats, be safe!

[mindrust]

It will be a downwards move IMO.





As said previously in this thread, sold last week around 11.6k, now placing an order buy at 10.6k.

Confident on this one.

We just came from 10.6 not long a go..... why didn’t you bought Then....  

Because he is a chart pundit. But there is another solution to his linear problem, besides a crash to 10600 now. If he draws a parallel line at 11400 he will get another crossing point in a week or two if that is what he is looking for.   Oh dear, such n00bs are cracking me up with their charts skills   I would bet that they will hardly get more than 30% profit in a good bull year with a 400%+ increase like the present. And then they will come here full of pride and joy and teach the holders with 100x profit.   Hilarious!

Thanks for your support, bro!


On a serious note, with my current job, after rent, food and personal expenses I can save circa 700 euros a month, on average. Since we all agree the price of BTC will eventually get to 50k, right? Then I should buy 700 euros of BTC per month, no matter the price, as long as it stays below 50k, correct?

Now that sounds like a great strategy. Will make me rich in 2 or 3 years time

Yep. You mastered it. That's also exactly what I am doing. But I am not sure about the $50k part. I will dump some when it reaches 50k that's for sure but probably not all of them. I believe it can do a fomo fump to $80k+ but it will stay there only for 1 or maybe 2 days before collapsing. If your coins happens to be not on an exchange at that time, you are effed. Or prepare to pay $500 for a transaction.  

Edit: I realized you are thinking to invest all your free money. That's not exactly what I do. I invest %20-40 of that free money but it used to be higher when btc was below $10k. At some point I was going all in with my free money but not now. This shit is complicated and I don't think anybody knows what he is doing. If btc goes to zero right now, oh man that would be so big it would trigger a world war. Think about all those people and their life savings in btc. :O

[Bossian]

It will be a downwards move IMO.





As said previously in this thread, sold last week around 11.6k, now placing an order buy at 10.6k.

Confident on this one.

We just came from 10.6 not long a go..... why didn’t you bought Then....  

Because he is a chart pundit. But there is another solution to his linear problem, besides a crash to 10600 now. If he draws a parallel line at 11400 he will get another crossing point in a week or two if that is what he is looking for.   Oh dear, such n00bs are cracking me up with their charts skills   I would bet that they will hardly get more than 30% profit in a good bull year with a 400%+ increase like the present. And then they will come here full of pride and joy and teach the holders with 100x profit.   Hilarious!

Thanks for your support, bro!


On a serious note, with my current job, after rent, food and personal expenses I can save circa 700 euros a month, on average. Since we all agree the price of BTC will eventually get to 50k, right? Then I should buy 700 euros of BTC per month, no matter the price, as long as it stays below 50k, correct?

Now that sounds like a great strategy. Will make me rich in 2 or 3 years time

Yep. You mastered it. That's also exactly what I am doing. But I am not sure about the $50k part. I will dump some when it reaches 50k that's for sure but probably not all of them. I believe it can do a fomo fump to $80k+ but it will stay there only for 1 or maybe 2 days before collapsing. If your coins happens to be not on an exchange at that time, you are effed. Or prepare to pay $500 for a transaction.  

Edit: I realized you are thinking to invest all your free money. That's not exactly what I do. I invest %20-40 of that free money but it used to be higher when btc was below $10k. At some point I was going all in with my free money but not now. This shit is complicated and I don't think anybody knows what he is doing. If btc goes to zero right now, oh man that would be so big it would trigger a world war. Think about all those people and their life savings in btc. :O

Fair enough, I appreciate the constructive opinion.

But the difference between guys like me, and arrogant guys like ivomm (ivommit?) is that the second lot will likely never dare to sell on time.

I have sold several times since I first bought in 2017, and what was 1 BTC originally became 1.38 BTC with time. That's what "know-it-all" ivommit does not understand  

Bitcoin price has some many ups and downs that it is quite easy to do, much easier than on the stock market.

I won't lie, sometimes I had to wait 8 months for the price to go where I wanted, but it always went there eventually. I dared to press the sell button and that will help in the future, people who never pressed the sell button may feel incredibly nervous to the point that maybe they will never sell until BTC disappeares? (let's be honest BTC dying is also a possibility).  



PS: about the edit part, I was obviously sarcastic about buying 700 euros of BTC per month (my average monthly savings), that would be incredibly dumb to do. No need to explain why.   

[xhomerx10]

< ... >
Hats updated Jul-2019.

Please help me to have my hat, when you have time.
Have a nice weekend, everyone!

 That is a beautiful photo!  Sorry it took me so long to make your hat but I hope it was worth the wait.



avatar-sized

[ðºÞæ]

One of the fondest memories is playing Monkey Island II with only 14 (fourteen) floppy disk to swap bask and forth, with that ba*stard faulty 7th disk that crashed every time.

I remember I've asked all friends' floppy disks to transfer NetQ Rally from somewhere. Iirc it was about 100MB. Of course, some of the disks have failed, but I was careful enough and I asked the guy I got it from to keep the archives for a couple of days until I am sure.

Last time I've had a 1.44 floppy in hand was a few years ago, somebody gave it to me to look at the sun for a (partial) eclipse (!).

1Mb data blocks are still very much a thing, ask BTC devs.

In other news LTC does not even have development.
https://youtu.be/UpeWcRR0kcs

[P_Shep]

Oooooh, I probably shouldn't have investigated where that 500 or so sats came from that appeared in my cold storage stash.

But wouldn't that mean these attacks would have to come from the block explorer sites? That where one would go to trace transactions after all.

I see, so it's in collecting the dust with a transaction. OK, haven't done that. Will make sure it stays where it is.

WO gang.
BTC is so lazy in these days, but I think this news is really important:



 LITECOIN WALLETS HIT BY LARGE-SCALE DUSTING ATTACK, SO WHAT IS IT?

Reports are emerging that Litecoin wallets have been hit by a new kind of cyber-attack called dusting. It has not affected LTC markets but is something that crypto traders and holders should be aware of. Binance Academy offered an explanation.

In short, a dusting attack is when scammers attempt to break the privacy of a cryptocurrency, Litecoin in this case, by sending tiny amounts of it to private wallets. The attackers then attempt to trace the transactional activity of these wallets in an attempt to discover the identity of the person that owns them.

The term ‘dust’ refers to the tiny fractions of crypto coins that most users ignore. A couple of hundred satoshis may be referred to as ‘dust’ as the sum is so tiny that most people would not even notice it. It is also prevalent on crypto exchanges as the remnants of transactions that remain in wallets and can no longer be user or transferred.

Here a description of the attack on Binance academy.
https://www.binance.vision/security/what-is-a-dusting-attack

This technique is used on Bitcoin to, so be alert WO gang: when someone send you some sats, be safe!

[fillippone]

Oooooh, I probably shouldn't have investigated where that 500 or so sats came from that appeared in my cold storage stash.

But wouldn't that mean these attacks would have to come from the block explorer sites? That where one would go to trace transactions after all.

I see, so it's in collecting the dust with a transaction. OK, haven't done that. Will make sure it stays where it is.

WO gang.
BTC is so lazy in these days, but I think this news is really important:



 LITECOIN WALLETS HIT BY LARGE-SCALE DUSTING ATTACK, SO WHAT IS IT?

Reports are emerging that Litecoin wallets have been hit by a new kind of cyber-attack called dusting. It has not affected LTC markets but is something that crypto traders and holders should be aware of. Binance Academy offered an explanation.

In short, a dusting attack is when scammers attempt to break the privacy of a cryptocurrency, Litecoin in this case, by sending tiny amounts of it to private wallets. The attackers then attempt to trace the transactional activity of these wallets in an attempt to discover the identity of the person that owns them.

The term ‘dust’ refers to the tiny fractions of crypto coins that most users ignore. A couple of hundred satoshis may be referred to as ‘dust’ as the sum is so tiny that most people would not even notice it. It is also prevalent on crypto exchanges as the remnants of transactions that remain in wallets and can no longer be user or transferred.

Here a description of the attack on Binance academy.
https://www.binance.vision/security/what-is-a-dusting-attack

This technique is used on Bitcoin to, so be alert WO gang: when someone send you some sats, be safe!

Exactly. The  point is consolidating this transaction in your wallet is really dangerous for your privacy.

[HairyMaclairy]

WO gang.
BTC is so lazy in these days, but I think this news is really important:



 LITECOIN WALLETS HIT BY LARGE-SCALE DUSTING ATTACK, SO WHAT IS IT?

Reports are emerging that Litecoin wallets have been hit by a new kind of cyber-attack called dusting. It has not affected LTC markets but is something that crypto traders and holders should be aware of. Binance Academy offered an explanation.

In short, a dusting attack is when scammers attempt to break the privacy of a cryptocurrency, Litecoin in this case, by sending tiny amounts of it to private wallets. The attackers then attempt to trace the transactional activity of these wallets in an attempt to discover the identity of the person that owns them.

The term ‘dust’ refers to the tiny fractions of crypto coins that most users ignore. A couple of hundred satoshis may be referred to as ‘dust’ as the sum is so tiny that most people would not even notice it. It is also prevalent on crypto exchanges as the remnants of transactions that remain in wallets and can no longer be user or transferred.

Here a description of the attack on Binance academy.
https://www.binance.vision/security/what-is-a-dusting-attack

This technique is used on Bitcoin to, so be alert WO gang: when someone send you some sats, be safe!

Maybe I am dumb but I don’t really get this. How does dusting an address make any difference ?   You can trace the flow of funds either with or without the dust ?   All transactions are public data.

[realr0ach]

Wilhelm,
Jesus was fully a Jew, and also the Apostle Paul was a Jew of great prominence, and also recognized as an apostle.

Many today from the Jewish Faith who have proclaimed Jesus to be their Savior and Lord think of themselves as completed Jews.
They seem to be reviled by many who are Jews without a belief that Jesus is the Messiah.

If you were to assume Jesus was/is real, there's no way out of the logical conclusion that this branch of religion forked and Christians are now the real Jews and the other fork claiming to be Jews are the anti-Christ.  This is why Jews despise Christianity, their mere existence highlights the fact they're the enemy of mankind.  

It's also blatantly obvious talmudic Judaism is a fake/bogus religion at cursory glance due to the fact all of it's tenets revolve around treating outsiders BADLY who are not part of the cult.  Both Judaism and Islam are identical in this fact; they're tribal war doctrines based on waging warfare against anyone else not part of the cult/tribe.  Christianity states you must treat everyone the same - the golden rule; not talmudic, Pharisee Judaism and Islam. They're both fake religions.  Judaism is identical to Nazism in practice and nobody claims Nazism is a religion.

[fillippone]

<SNIP>

Maybe I am dumb but I don’t really get this. How does dusting an address make any difference ?   You can trace the flow of funds either with or without the dust ?   All transactions are public data.

I think here the point is which address dust transactions are sent to: used BTC address with 0 balance.
So the attacker knows he's sending sats to and address in control of someone. Let's call this address A.
When you want to spend you join the A stats to your B address.
This is new information for attacker. He otherwise couldn't have linked the two different A and B addresses.

Another technique is sending sats to a "gift address" or deliberately ask for a "new address for a donation" and then send a few sats to that address (again address A). when you consolidate to your main wallet B to spend, there, the attackers knows you own also B address (without sending sats you wouldn't have used that very address).
Typical use case:
1. internet bitcoin faucet, where you have to register with email (address B controlled by email XXX@yyy).
2. Bitcoin.com giving out 50 dollars in crypto so they can track your addresses for free.

[realr0ach]

^Hint:  Don't use non-fungible, digital shitcoin, govt tracking and slavery system tokens if you don't want to be monitored in real-time like goyim cattle.  Use physical metals instead.

[ðºÞæ]

^Hint:  Don't use non-fungible, digital shitcoin, govt tracking and slavery system tokens if you don't want to be monitored in real-time like goyim cattle.  Use physical metals instead.

Bitcoin does not care it monitors everyone equal, that is obviously not welcome by everyone.

[realr0ach]

^Hint:  Don't use non-fungible, digital shitcoin, govt tracking and slavery system tokens if you don't want to be monitored in real-time like goyim cattle.  Use physical metals instead.

Bitcoin does not care it monitors everyone equal, that is obviously not welcome by everyone.

Because abolishing the 5th amendment and being tracked, controlled, and monitored in a Chinese-style, cashless society slavery system is a good thing, right?  This is the only possible endgame evolution of any non-fungible, digital shitcoin whose transaction validators are designed to centralize.

[bitcoinPsycho]

Roach why don't you hang out with your new friend ðºÞæ on the bsv thread

[SuperTA]

WO gang.
BTC is so lazy in these days, but I think this news is really important:



 LITECOIN WALLETS HIT BY LARGE-SCALE DUSTING ATTACK, SO WHAT IS IT?

Reports are emerging that Litecoin wallets have been hit by a new kind of cyber-attack called dusting. It has not affected LTC markets but is something that crypto traders and holders should be aware of. Binance Academy offered an explanation.

In short, a dusting attack is when scammers attempt to break the privacy of a cryptocurrency, Litecoin in this case, by sending tiny amounts of it to private wallets. The attackers then attempt to trace the transactional activity of these wallets in an attempt to discover the identity of the person that owns them.

The term ‘dust’ refers to the tiny fractions of crypto coins that most users ignore. A couple of hundred satoshis may be referred to as ‘dust’ as the sum is so tiny that most people would not even notice it. It is also prevalent on crypto exchanges as the remnants of transactions that remain in wallets and can no longer be user or transferred.

Here a description of the attack on Binance academy.
https://www.binance.vision/security/what-is-a-dusting-attack

This technique is used on Bitcoin to, so be alert WO gang: when someone send you some sats, be safe!

Maybe I am dumb but I don’t really get this. How does dusting an address make any difference ?   You can trace the flow of funds either with or without the dust ?   All transactions are public data.

Yes, all transactions are public data but they don't have your name. Attackers are trying to identify users and use that for elaborate fishing attack. Attackers hope that users will mix their dust with other amount and send to another wallets. You can protect yourself if you don't send the dust you received.

[realr0ach]

Yes, all transactions are public data but they don't have your name. Attackers are trying to identify users and use that for elaborate fishing attack.

Attack me if you dare.  My father is Li Gang.

[Spaceman_Spiff_Original]

WO gang.
BTC is so lazy in these days, but I think this news is really important:



 LITECOIN WALLETS HIT BY LARGE-SCALE DUSTING ATTACK, SO WHAT IS IT?

Reports are emerging that Litecoin wallets have been hit by a new kind of cyber-attack called dusting. It has not affected LTC markets but is something that crypto traders and holders should be aware of. Binance Academy offered an explanation.

In short, a dusting attack is when scammers attempt to break the privacy of a cryptocurrency, Litecoin in this case, by sending tiny amounts of it to private wallets. The attackers then attempt to trace the transactional activity of these wallets in an attempt to discover the identity of the person that owns them.

The term ‘dust’ refers to the tiny fractions of crypto coins that most users ignore. A couple of hundred satoshis may be referred to as ‘dust’ as the sum is so tiny that most people would not even notice it. It is also prevalent on crypto exchanges as the remnants of transactions that remain in wallets and can no longer be user or transferred.

Here a description of the attack on Binance academy.
https://www.binance.vision/security/what-is-a-dusting-attack

This technique is used on Bitcoin to, so be alert WO gang: when someone send you some sats, be safe!

Maybe I am dumb but I don’t really get this. How does dusting an address make any difference ?   You can trace the flow of funds either with or without the dust ?   All transactions are public data.

I didn't understand this before either, but it is a way to link different adresses in the same wallet, it can not do more than that.  Maybe you used an old address once and it is empty.  However, you still have some funds on a newer address in the same wallet.  You spend funds from that wallet.  You were not aware the old wallet received some dust, and the dust was included in the transaction, showing both the old and new address as inputs to the same tx, and therefore probably part of the same wallet, belonging to the same person.  If there was identity info attached to any of the 2 addresses, that identity info is now linked to the other address.

TLDR: basically assume al addresses in the same wallet are known to be linked, and make separate wallets if you don't want it to be linked.

[fillippone]

Boring afternoon session on BTC,
so fellow Fillippone providing you a time sink:

https://graph.lndexplorer.com/



a way to look at how far LND network has grown lately, with full data on each node.