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

[Indymoney]

Just so we're clear, Craig Wright has just openly admitted (via his lawyers) to be the guy that stole 80k BTC from Mtgox. The screenshots below show the court documents indicating the "1Feex" address is where the stolen Mtgox funds were sent. What do you have to say, @CalvinAyre?

just lol

Imma sue CSW, Satoshi, Tulip, Ayre and also Ver for my zillion dollar popcorn bill. This is at least the amount it will grow to, because this comedy will likely go on forever.
Any lawyers around here?

You are right for comedy surely we need few lawyers as well. 

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[Tash]

https://twitter.com/Excellion/status/1271468034931036160
https://twitter.com/SCAONTIERLLP
https://twitter.com/DanDarkPill/status/1271475981014888448?s=20

https://twitter.com/fluffypony/status/1271471545790222336

Just so we're clear, Craig Wright has just openly admitted (via his lawyers) to be the guy that stole 80k BTC from Mtgox. The screenshots below show the court documents indicating the "1Feex" address is where the stolen Mtgox funds were sent. What do you have to say, @CalvinAyre?

just lol

So much fail. Where do you even start?

What kind of fail is this. Did the company sign the letter?

[JayJuanGee]

ending up doing a full mindrust and losing it all at the click of a button.

I appreciate that we have mindrust locked into a kind of historical moment of weakness, and probably there is nothing wrong with that picture of mindrust's actions because it seems fair and it works for illustrative purposes, even though mindrust has claimed to have boughten back into BTC... and maybe the degree to which mindrust has bought back into BTC is not really playing out to be newsworthy enough to change any of our view of going "full mindrust," and, likely a decent amount of time needs to pass in order to gain confidence and even some further BTC buying actions from mindrust should take place in order to show that mindrust has either redeemed himself from his past errors (or learned a significant lesson) or gotten back into a more solid committed mindset in terms of his whole financial and psychological approach in viewing and acting upon our savior, king daddy.  

For the record, re. mindrust: I treat the "mindrust incident" as both educational and fun/meme material. It's all done in the positive vibes and spirit of the WO thread. Absolutely no intention to offend him. Not at all. If anything, I hope that mentioning his story, in textual, poetic, or meme form, can serve as a lesson to him, and to all of us really, to never let our emotions guide our actions, not in financial/investment matters anyway. Got to keep our cool and be guided by knowledge and logic.

Hopefully, all this will help him see that he must buy back, even at a much higher price than he sold. The thought of having sold at under $4k when 1 BTC reaches and exceeds $50~100k would be too much to bear, at least for me.

I am pretty sure that his sell price was around $4,500-ish.  Anyone free to correct me on this, and maybe mindrust can clarify, if it may be helpful to be somewhat factually correct.

We should not be asserting that he sold at the extreme of the bottom when it was 10% or 15% or so higher than the bottom... still not a good position to be in, but does not match with actual facts including how much worse it would be to have sold at the extreme bottom.. which I know does happen from time to time, too.

Just so we're clear, Craig Wright has just openly admitted (via his lawyers) to be the guy that stole 80k BTC from Mtgox. The screenshots below show the court documents indicating the "1Feex" address is where the stolen Mtgox funds were sent. What do you have to say, @CalvinAyre?

just lol

Imma sue CSW, Satoshi, Tulip, Ayre and also Ver for my zillion dollar popcorn bill. This is at least the amount it will grow to, because this comedy will likely go on forever.
Any lawyers around here?

Yeah.... sue them because you unintentionally got fat, too.   

 

[serveria.com]

Bawb = next Masterluc ?  

I'm too lazy to look for proof but you can browse his recent post history..  

How recent? I looked and it seems Bawb is mostly into observing things, not making any calls.

It could reasonably be argued that Masterluc is also just spouting out a bunch of nonsense, and probably Bawb has tended to be correct more often than Masterluc, even when bawb might not have even been trying... as long as sorcerer powers do not go to Bawb's head, we might be able to find some sorcerer predicting qualities in the way that he is describing his gut bacteria or whether the plates are bouncing or sticking or whether any digits have been stuck in his orifices or the orifices of his acquaintances or if he drove his porsche into a horse while shooting coyotes from the back seat.

Once bawb starts trying to actually predict or engage in reverse psychology to manipulate king daddy, then we might have to either bring in trump, the black lives matters folks and/or the WHO in order to demote his ass from sorcerer status.

Well this is hilarious I must admit but what I actually meant was his resemblance to Masterluc during his years of bloom when his predictions were mostly correct.   

[OutOfMemory]

ending up doing a full mindrust and losing it all at the click of a button.

I appreciate that we have mindrust locked into a kind of historical moment of weakness, and probably there is nothing wrong with that picture of mindrust's actions because it seems fair and it works for illustrative purposes, even though mindrust has claimed to have boughten back into BTC... and maybe the degree to which mindrust has bought back into BTC is not really playing out to be newsworthy enough to change any of our view of going "full mindrust," and, likely a decent amount of time needs to pass in order to gain confidence and even some further BTC buying actions from mindrust should take place in order to show that mindrust has either redeemed himself from his past errors (or learned a significant lesson) or gotten back into a more solid committed mindset in terms of his whole financial and psychological approach in viewing and acting upon our savior, king daddy.  

For the record, re. mindrust: I treat the "mindrust incident" as both educational and fun/meme material. It's all done in the positive vibes and spirit of the WO thread. Absolutely no intention to offend him. Not at all. If anything, I hope that mentioning his story, in textual, poetic, or meme form, can serve as a lesson to him, and to all of us really, to never let our emotions guide our actions, not in financial/investment matters anyway. Got to keep our cool and be guided by knowledge and logic.

Hopefully, all this will help him see that he must buy back, even at a much higher price than he sold. The thought of having sold at under $4k when 1 BTC reaches and exceeds $50~100k would be too much to bear, at least for me.

I am pretty sure that his sell price was around $4,500-ish.  Anyone free to correct me on this, and maybe mindrust can clarify, if it may be helpful to be somewhat factually correct.

We should not be asserting that he sold at the extreme of the bottom when it was 10% or 15% or so higher than the bottom... still not a good position to be in, but does not match with actual facts including how much worse it would be to have sold at the extreme bottom.. which I know does happen from time to time, too.

Just so we're clear, Craig Wright has just openly admitted (via his lawyers) to be the guy that stole 80k BTC from Mtgox. The screenshots below show the court documents indicating the "1Feex" address is where the stolen Mtgox funds were sent. What do you have to say, @CalvinAyre?

just lol

Imma sue CSW, Satoshi, Tulip, Ayre and also Ver for my zillion dollar popcorn bill. This is at least the amount it will grow to, because this comedy will likely go on forever.
Any lawyers around here?

Yeah.... sue them because you unintentionally got fat, too.  

 

I'll leave that to the liposuction clinic that will go broke on the billion dollar bills caused by the future costs of my waste body fat disposal

EDIT:
@Bitcoin: Established intermediate support (after corona dip) becoming resistance?

[yefi]

All this shit in Seattle's Autonomous District is really making me super angry. This country is going full retard.

Why? It's like Tiennamen square was in the 80's. Fewer people and a bit less insane.

So it's going to be the scene of a massacre?

[hodl_2015]

[...]
So much fail. Where do you even start?

1) Storing the keys for the encrypted file also on the network.
2) Why even bother to write that the attacker deleted the files from the network? no backups?

[Ibian]

All this shit in Seattle's Autonomous District is really making me super angry. This country is going full retard.

Why? It's like Tiennamen square was in the 80's. Fewer people and a bit less insane.

So it's going to be the scene of a massacre?

Rome had over a million people near the end. A year later it was down to 40k.

This is just the beginning. It will get much worse.

[JimboToronto]

Good afternoon Bitcoinland.

Still bouncing in the mid-$9xxx range... currently $9479USD/$12866CAD (Bitcoinaverage).

Definitely boring.

I remember at that time it was just about cost. Everybody wanted Intel, but many couldn't afford it, so AMD became popular as a "poor man's CPU". You'd get comparable performance at a lower cost.

I was going through a bankruptcy when I needed to update my old Pentium 100MHz Win95 machine with 8MB EDO memory.

I bought the cheapest socket-7 mobo that supported  both EDO and SDRAM since I couldn't afford to upgrade everything at once. so I started with the mainboard. I bought a brand spanking new Shuttle HOT-591P Super-7 mobo (https://www.anandtech.com/show/134) with all the latest connectivity, even a newfangled AGP slot. It was a fraction of the price of anything comparable.

Next came the SDRAM (a whopping 32MB!) and then eventually a shiny new 400MHz AMD K6-2. I was in heaven. My new machine screamed.
Gradually I increased the amount of RAM to the maximum the VIA MVP3 chipset would support... 256MB.

One day a friend came over and angrily asked why my el cheapo AMD K6-2/400 was so much faster than his brand new expensive PentiumIII/600. I asked him how much memory he had. Seems he had the 64MB it came with. Nothing like undue pagefiling to slow a system down.

Years later I went through the same thing with SSDs. People were spending money upgrading their CPUs when they weren't what was bottlenecking their systems.

I'm still using my ancient Core i-7 2600k system until it doesn't do what I need. After that it's Ryzen all the way.

[lightfoot]

All this shit in Seattle's Autonomous District is really making me super angry. This country is going full retard.

Why? It's like Tiennamen square was in the 80's. Fewer people and a bit less insane.

So it's going to be the scene of a massacre?

Naah. America isn't a totalitarian dictatorship that tolerates no dissent.

Bigger reason is Trump does not have a Praetorian guard. I think the only people he can really command would be the TSA and the other flunkies in Homeland Security. That's not much of a problem.

[Hueristic]

https://www.youtube.com/watch?v=CSyJrU_Fnxc

[lightfoot]

Years later I went through the same thing with SSDs. People were spending money upgrading their CPUs when they weren't what was bottlenecking their systems.

I'm still using my ancient Core i-7 2600k system until it doesn't do what I need. After that it's Ryzen all the way.

To be honest I still use an IBM X61 Thinkpad with a 2ghz Core Duo processor as a working laptop. Thing is well over 10 years old, and with 8gb of memory and a SSD drive it's still just fine for most work. SSDs were probably the biggest performance boost in the last 10 years, spinning drives just suck.

[lightfoot]

So much fail. Where do you even start?

What a complete cum-dumpster. Ah well, lawyers can say anything, I'd say drop this in the trash.

[gentlemand]

This is an interesting wee tale.

https://decrypt.co/32145/hackers-blackmail-exchange-with-5-million-of-ethereum-fees-report?utm_source=reddit&utm_medium=social&utm_campaign=sm

The theory is that hackers have control of an exchange's coins but can only move them to whitelisted addresses they don't control. They're putting humongous fees on top and demanding payoffs from the exchange to stop it.

Why is it ALWAYS ETH where the sketchiest shit happens?

[Ibian]

This is an interesting wee tale.

https://decrypt.co/32145/hackers-blackmail-exchange-with-5-million-of-ethereum-fees-report?utm_source=reddit&utm_medium=social&utm_campaign=sm

The theory is that hackers have control of an exchange's coins but can only move them to whitelisted addresses they don't control. They're putting humongous fees on top and demanding payoffs from the exchange to stop it.

Why is it ALWAYS ETH where the sketchiest shit happens?

Imagine if crypto as a whole had a centralized leadership. We would be paying to bail them out.

[JimboToronto]

SSDs were probably the biggest performance boost in the last 10 years, spinning drives just suck.

Amen. I was aware early how much of a performance bottleneck storage was.

Remember the Gigabyte iRAM PCI card (https://en.wikipedia.org/wiki/I-RAM) proto-SSD? It was a little too pricey and way too small for me. Also it was VRAM.

At that time I dreamed of flash memory fast enough, capacious enough and cheap enough to boot from but it wasn't until a couple of years later that I got my first Memoright (https://en.wikipedia.org/wiki/Memoright) 32GB SLC IDE (PATA) SSD. WinXP booted up really fast.

By the time IBM and OCZ bought out their first consumer/retail SSDs, I was an old hand, an avid poster on the OCX SSD forums and hanging off every new advance in wear-leveling, controller parallelism and garbage collection.

My big breakthrough was acquiring 4 original 120GB Vertex SSDs to put in RAID-0. What a disappointment to run the benchmarks and find out the array had been bottlenecked by the southbridge. Bummer. I bought an expensive PCIe RAID card and after an agonizing driver ordeal, I finally booted from an array with gigabyte/sec sequential transfers and ludicrous (I forget the actual numbers now) 4k random reads and writes.

Then I moved up to OCZ PCIe Revo Drives 1, 2, and finally 3, which is in my i7-2600k system. That's all obsolete now, of course. My current laptop uses M2 NVMe.

Gotta move with the times.

[cAPSLOCK]

This is an interesting wee tale.

https://decrypt.co/32145/hackers-blackmail-exchange-with-5-million-of-ethereum-fees-report?utm_source=reddit&utm_medium=social&utm_campaign=sm

The theory is that hackers have control of an exchange's coins but can only move them to whitelisted addresses they don't control. They're putting humongous fees on top and demanding payoffs from the exchange to stop it.

Why is it ALWAYS ETH where the sketchiest shit happens?

Because ETH is just a huge convoluted pulsating attack surface.

[yefi]

Rome had over a million people near the end. A year later it was down to 40k.

This is just the beginning. It will get much worse.

Civilisation.exe is not responding, would you like to end this process?

[LUCKMCFLY]

Important Clarifications by PlanB

S2FX misunderstandings:
1) Phase5 not defined. Phase5 ~ S2F55-60 & $100-900K
2) S2FX not falsifiable. Falsified if phase5 or other scarce assets (diamonds/homes) are not ~on S2FX line
3) Altcoins,palladium,platinum are left out. No, they are not scarce: S2F<1, no PoW/hash/liq/etc

Source: https://twitter.com/100trillionUSD/status/1271555833130815488

[Biodom]

Important Clarifications by PlanB

S2FX misunderstandings:
1) Phase5 not defined. Phase5 ~ S2F55-60 & $100-900K
2) S2FX not falsifiable. Falsified if phase5 or other scarce assets (diamonds/homes) are not ~on S2FX line
3) Altcoins,palladium,platinum are left out. No, they are not scarce: S2F<1, no PoW/hash/liq/etc

Source: https://twitter.com/100trillionUSD/status/1271555833130815488

Honestly, as much as I like planB, I am much more eager to see how S2F plays out first, forget about that wicked S2FX for a while.
First things first.