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

[DaRude]

This is possible.  But it seems unlikely to me.  Someone in that position would almost CERTAINLY be being advised by a cryptographer with a good idea of what these action would portend.  

I'm sitting here scratching my head trying to figure out what specific knowledge from the cryptographer's domain could bring to this decision.

\
OK.. it's a bad use of language.  The person would not be a cryptographer.  The person would be someone who has a good knowledge of bitcoin and the opsec around moving coins from that low a block.  And if it was Hal's coins it would imply a lot more than early coins.  The blockchain analysis people started hyperventalating when this move happened.  So, probably do crooks.  As eventually do tax collectors.

So replace "cryptographer" with "advisor", or "sage" or "wizard" if you like.

The person moving those coins does so at the cost of great privacy loss.

My point is almost no one sitting on the keys to a block that low are going to move coins without regards to the implications.

Literally a message before yours shows that another block mined even earlier that day in February 2009 was spent in 2017 and no one gave a shit. Don't see how moving coins from one address to another address comes with a great cost of privacy? If person decided to sell it on exchange it's just a matter of time. Hal's and other coins will soon be moved/sold people need to get over it.

Yeah I am broke so either way it does not effect me! I just want to find a way to prove Craig Wright is not Satoshi! I wish someone would would sign a message and be like "Craig Wright is not Satoshi, Theymos is"!
How many people were mining BTC 25 days into the release? Did Satoshi premine any? Or was it instantly made public like  boom  Genesis block 1 is generated! Then some random guy in Russia mined block 2? I did read satoshi maintained around 5.5 mh/s when he was mining. Can we see the hashrate from block 2-4000?

Also can we leave Satoshi alone? That is all he wants?

Don't fall into the trap, it's impossible to prove a negative. Genesis block 0 is hardcoded, no premine but not many people were mining back then.

[JayJuanGee]

Probably because you are too busy focusing on personalities rather than actual issues and substance, but whatever at least you can admit (somewhat) that you might have been wrong in your prior assessment of impact.

Don't you think, it's better to focus on real people and the impact on their lives, instead of the bullshit you get on TV?
Issue or substance? Meh.

No.

I doubt that there is anyone here who would have imagined that the financial impact of this whole virus situation would have been so great or that there would have been so much chaos in the world in regards to how to deal with it.  The chaos seems far from over, even with the opening up of various places in which the outbreak seems far from under control or even the ongoing lack of information and tests is likely NOT going to end well, but sure, maybe we will get lucky, and the opening up will work out fine..

The thing is, people rather take the whole hit now, than contribute to the chaos.

You seem to presume a lot regarding how viruses work and how this virus might work under some kind of supposed nonsense herd immunity theory... and yes.. it is possible that you might be right.. but I doubt it.  Odds seem to be quite highly against you from being right based on actual facts on the ground, to the extent that we know much if anything.

I am really doubtful, not only that the opening up will not work out well, it will disproportionately impact the poor and disenfranchised, but even rich people are going to get fucked by lacking in their providing of various support systems and focus in the reopening efforts.

Poor people are really fucked.
Really rich people are not, they can always borrow more.
The people in between, it remains to be seen, and the key-point is debt of course.

I will stick with my original statement, and of course rich people are going to have more options and real rich people might be able to buy islands, but still their quality of life might be jeopardized too.  Who wants to be banging hookers, but have to wait two weeks for each one to clear?  Could be quite burdensome, and they still could end up getting exposed after testing all peeps around them... it is not like the really rich can maintain complete detachment.. and still enjoy all their bells and whistle luxuries as if they were living in a bubble.  How many billions are needed to create that kind of situation, and even billionaires are frequently sucking off of various aspects of the public trough and infrastructure etc, so they are not as much in a vacuum or self-made as they like to imagine their lil mortal selfies.

Good thing that a lot of us have bitcoin, but we are also going to get fucked from this whole thing because we are going to have so many more limitations to how we can spend our wealth...  in the hookers, lambo and blow territory but also other quality of life considerations in terms of steaks, travel, health and fitness options, social mingling, other supply chain issues and venue options.

BTC is my cushion right now.
I can't foresee any problems in spending it.

I am not going to disagree with you that having bitcoin gives you more options, but it might be helpful to have some cash and some other forms of value that you can spend, too.  And sure there might be some steak suppliers who prefer cash rather than bitcoin.

So maybe even there was some truth in the proclamations of mindrust when he asserted that he felt better to shave off a lot of his bitcoin options because even being rich is not going to be that great in these kinds of times of fewer options... .... and even though there is some truth in that comment, having bitcoin and richness in those kinds of alternative asset holding ways is likely to provide way more options than either having money in fiat or other potentially depreciating or expensive to maintain ways.

mindrust does not set the example, period.

Fair enough that mindrust does not set any examples, but he still might have some decent ideas from time to time, and probably he would even have better ideas if he was able to figure out a way to get reapportioned into bitcoin... perhaps somewhere in the 1% to 10% territory.. and maybe he would prefer to be in the lower ends of that kind of allocation which could be reasonable in some circumstances, perhaps, and I believe that he does not even meet the 1% territory at this time.. but yeah, partly to your point, mindrust's situation seems to remain quite a discombobulated mess, so we should be taking anything that he says with a considerably large grain of salt until he can show that he either got his shit in order or is making meaningful and significant progress in that direction.

[Cryptotourist]

Probably because you are too busy focusing on personalities rather than actual issues and substance, but whatever at least you can admit (somewhat) that you might have been wrong in your prior assessment of impact.

Don't you think, it's better to focus on real people and the impact on their lives, instead of the bullshit you get on TV?
Issue or substance? Meh.

No.

Obviously.

I doubt that there is anyone here who would have imagined that the financial impact of this whole virus situation would have been so great or that there would have been so much chaos in the world in regards to how to deal with it.  The chaos seems far from over, even with the opening up of various places in which the outbreak seems far from under control or even the ongoing lack of information and tests is likely NOT going to end well, but sure, maybe we will get lucky, and the opening up will work out fine..

The thing is, people rather take the whole hit now, than contribute to the chaos.

You seem to presume a lot regarding how viruses work and how this virus might work under some kind of supposed nonsense herd immunity theory... and yes.. it is possible that you might be right.. but I doubt it.  Odds seem to be quite highly against you from being right based on actual facts on the ground, to the extent that we know much if anything.

Actually Jay, I presume shit.
I just don't give a fuck about the actual virus, nor how it works.
Are you so willingly blind to see, that it's the social impact of the virus, not the virus itself. People are scared ... of each other.

That said, don't be so fast to rule herd immunity out.

I am really doubtful, not only that the opening up will not work out well, it will disproportionately impact the poor and disenfranchised, but even rich people are going to get fucked by lacking in their providing of various support systems and focus in the reopening efforts.

Poor people are really fucked.
Really rich people are not, they can always borrow more.
The people in between, it remains to be seen, and the key-point is debt of course.

I will stick with my original statement, and of course rich people are going to have more options and real rich people might be able to buy islands, but still their quality of life might be jeopardized too.  Who wants to be banging hookers, but have to wait two weeks for each one to clear?  Could be quite burdensome, and they still could end up getting exposed after testing all peeps around them... it is not like the really rich can maintain complete detachment.. and still enjoy all their bells and whistle luxuries as if they were living in a bubble.  How many billions are needed to create that kind of situation, and even billionaires are frequently sucking off of various aspects of the public trough and infrastructure etc, so they are not as much in a vacuum or self-made as they like to imagine their lil mortal selfies.

As I said, herd immunity.
Try to understand that escort services were still available during Corona, and brothels are now back in business.

On a funny note, the jokes between clients and working girls are endless.

Good thing that a lot of us have bitcoin, but we are also going to get fucked from this whole thing because we are going to have so many more limitations to how we can spend our wealth...  in the hookers, lambo and blow territory but also other quality of life considerations in terms of steaks, travel, health and fitness options, social mingling, other supply chain issues and venue options.

BTC is my cushion right now.
I can't foresee any problems in spending it.

I am not going to disagree with you that having bitcoin gives you more options, but it might be helpful to have some cash and some other forms of value that you can spend, too.  And sure there might be some steak suppliers who prefer cash rather than bitcoin.

Cash is gone baby, cash is gone. #nohomo

So maybe even there was some truth in the proclamations of mindrust when he asserted that he felt better to shave off a lot of his bitcoin options because even being rich is not going to be that great in these kinds of times of fewer options... .... and even though there is some truth in that comment, having bitcoin and richness in those kinds of alternative asset holding ways is likely to provide way more options than either having money in fiat or other potentially depreciating or expensive to maintain ways.

mindrust does not set the example, period.

Fair enough that mindrust does not set any examples, but he still might have some decent ideas from time to time, and probably he would even have better ideas if he was able to figure out a way to get reapportioned into bitcoin... perhaps somewhere in the 1% to 10% territory.. and maybe he would prefer to be in the lower ends of that kind of allocation which could be reasonable in some circumstances, perhaps, and I believe that he does not even meet the 1% territory at this time.. but yeah, partly to your point, mindrust's situation seems to remain quite a discombobulated mess, so we should be taking anything that he says with a considerably large grain of salt until he can show that he either got his shit in order or is making meaningful and significant progress in that direction.

I'm sorry, when the glass cracks, the crack moves on.

[VB1001]

Very grateful for your comments, suggestions and some PM received!

Now I must stick to the new plan, buy small quantities regularly.
The previous one was executed as planned, if the accumulated total of fiat fell for any reason, the investments or bitcoin would be sold before stressing the family economy.

The really important thing is that I can still eat and drink, all is not lost.

(Now I am a bull without horns and without BTC)

Better for me if we close this conversation here, I'm sure the situation will improve.

Thx

You could post a BTC address here. You may get some donations, or compensation for the work you've put into the thread. There are probably some generous, BTC rich people around here.

Or you'll get mercilessly roasted for being a nocoiner beggar.

*shrug*

He does have an address in his profile 1PCm7LqVkhj4xRpKNyyEeekwhc1mzK52cT

Is that right?

Oh yeah. I forgot that space exists. Kind of like my wife's...nevermind.

1PCm7LqVkhj4xRpKNyyEeekwhc1mzK52cT

It is correct, it is the address that I have in the profile.
Hard to explain the feeling I have had, I don't know how to describe it, this morning I saw an incoming transaction of 0.01001000BTC, thanks, very impressed,
I have no words.

[JayJuanGee]

Cash is gone baby, cash is gone. #nohomo

I wonder where you live.

I still can use cash, for some strange reason.  Go figure.

I'm sorry, when the glass cracks, the crack moves on.

Sure.. you can live like that if you want, and sure some people are a lost cause.  Differing perspectives concerning when that is... no problem.

[Cryptotourist]

Cash is gone baby, cash is gone. #nohomo

I wonder where you live.

I still can use cash, for some strange reason.  Go figure.

LOL, I've stated before where I live, and yes, people around me use cash, it's just there is not much to go around atm.

Time for a reboot Jay, you're pass the 24hr mark, and that quantum chip of yours needs to discharge for one freaking second.

[serveria.com]

Very grateful for your comments, suggestions and some PM received!

Now I must stick to the new plan, buy small quantities regularly.
The previous one was executed as planned, if the accumulated total of fiat fell for any reason, the investments or bitcoin would be sold before stressing the family economy.

The really important thing is that I can still eat and drink, all is not lost.

(Now I am a bull without horns and without BTC)

Better for me if we close this conversation here, I'm sure the situation will improve.

Thx

You could post a BTC address here. You may get some donations, or compensation for the work you've put into the thread. There are probably some generous, BTC rich people around here.

Or you'll get mercilessly roasted for being a nocoiner beggar.

*shrug*

He does have an address in his profile 1PCm7LqVkhj4xRpKNyyEeekwhc1mzK52cT

Is that right?

Oh yeah. I forgot that space exists. Kind of like my wife's...nevermind.

1PCm7LqVkhj4xRpKNyyEeekwhc1mzK52cT

It is correct, it is the address that I have in the profile.
Hard to explain the feeling I have had, I don't know how to describe it, this morning I saw an incoming transaction of 0.01001000BTC, thanks, very impressed,
I have no words.

Congrats VB you're a coiner again! Welcome back!

[hv_]

Sad and humbling at the same time. Bitcoin has weathered a global pandemic with remarkable strength...yet look at the reaction this is garnering from moving just 50 coin.

One has to wonder at the timing of the move..sure seems to have cooled off the market in a quick hurry.

It just shows how small Bitcoin (still) is. You feel every wave on a life raft, not on an oil tanker. There are many and bigger waves to come (MtGox coins, government involvement, the occasional sprinkle of China FUD, etc).
Slowly however Bitcoin grows and the impact of external events diminishes, which is already noticeable today compared to two halvings ago.


Edit: https://twitter.com/coinmetrics/status/1263150657848172551

Haha, so nice to see latency of that alert,  so whales had a lot of time

 

[El duderino_]

Sooooooo today an attempt to take 10K... ?

BTC Is been a bit fooling around with us HODLers

[leea-1334]

It just shows how small Bitcoin (still) is. You feel every wave on a life raft, not on an oil tanker. There are many and bigger waves to come (MtGox coins, government involvement, the occasional sprinkle of China FUD, etc).
Slowly however Bitcoin grows and the impact of external events diminishes, which is already noticeable today compared to two halvings ago.

I agree slightly with Toxic that the move was humbling,,, but I still do not think we can say it was fully responsible for causing the dump (or if it is,,, then it should recover very quickly). We all see the effects of 100s of millions of dollars moving in bitcoin, but they do not last long.

Like you said though, we all see Bitcoin as a 10k coin but in reality it is still very small when compared to everything else. And that is good news for us BTC holders. Keep using!

[Last of the V8s]

And just like that I will be converting all of my BSV into literally anything else
Face vomiting

(Calvin Ayre and a minor girl)

[heslo]

And just like that I will be converting all of my BSV into literally anything else
Face vomiting

(Calvin Ayre and a minor girl)

What a piece of shit; just actively flaunting it too

[P_Shep]

And just like that I will be converting all of my BSV into literally anything else
Face vomiting

(Calvin Ayre and a minor girl)

What a piece of shit; just actively flaunting it too

[Last of the V8s]

There are tens of thousands of those 'dormant' 50 coin addresses.
Sadly the old miners probably formatted their hard drives after playing with bitcoind for a bit, so not all of them will ever move.
It was just points in a shareware proggy, and there had been no price discovery yet.
Yeah so let's be grateful there's any of those pioneers left with the foresight and fortitude needed to hodl for 11 years plus.
And let's not dump like pathetic dweebs when some twitter account wrongly reports such movements as satoshi's coins.
Anyway he probably just wanted to get himself a new gpu and a couple pizzas. Nothing wrong with that. (apud @btcFUD)

[Last of the V8s]

And just like that I will be converting all of my BSV into literally anything else
Face vomiting

(Calvin Ayre and a minor girl)

What a piece of shit; just actively flaunting it too

No, sir



You are being, as always with you, too generous.

He's a wrong 'un and there's no point seeing any good in him.

[BitcoinGirl.Club]

Sooooooo today an attempt to take 10K... ?

BTC Is been a bit fooling around with us HODLers

Doesn't matter much. It's always the same.

Observing @ $9,396
Good morning WO!

[BitcoinGirl.Club]

Observing @ $10k 😛

[Peanutswar]

Observing @ $10k 😛

The price of the btc goes dump and while waiting for a good investment. But all I want soon is the hat the same with you.

[vapourminer]

Satoshis Bitcoin have no chance of being moved until Hal Finney cryogenic preserved body is revived in 100+ years from now. If Hal was Satoshi, they will do everything in their power to bring him back to life when Bitcoin is the global reserve currency.

That would be awesome. It's year 2100, countries around the world were competing for the last 50yrs to be the first one to revive Hal. One finally succeeds.
[...]

In reality, if Bitcoin does take over, Hal Finneys body will be worth more than ANYTHING....just on the mere speculation that he remembers or knows the method of retrieving the private keys.

those early coins will be grabbed when quantum computers of sufficient capacity arrive. 10+ years maybe. so Hal is not needed for the coins. but for his possible knowledge of the true satoshi.. welcome back Hal (i hope).

edit: no i dont want to know who satoshi is. but thats up to Hal. and if thats the reason to thaw him out so be it. i just want him back. he got a raw deal.

[Jeremy Franklin]

Welcome to the new ATH. It's all just a matter of the perspective.



https://twitter.com/exodus_io/status/1263167145036386304