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

[LFC_Bitcoin]

Big transfers happening

Moving coins off exchanges, probably a good thing for the price.

[cAPSLOCK]

MicroStrategy did it again. they bought another 14k btc for $175mil.

they own 38250 btc now.

Michael Saylor is savage.


https://twitter.com/michael_saylor/status/1305850568531947520?s=21

He is going to be the poster boy for the:

"Bitcoin is garbage and the tulips are going to pop in 3... 2... 1..." to
"Wait a minute...  who controls this?  Who issues it? Wait... Umm" to
"I'm All In."

...Transition.  Seriously he will be interviewed sometime in the next few years to tell the story of how his mind changed as he has become one of the new elite investment luminaries.  Way more people are going to know his name in 5 years than do today.

[Phil_S]

11 today seems quite possible.

[PoolMinor]

What ever happened to goldy man, I would mention the name but we don't need that beetlejuice shit happening.

After nearly 7 years silver finally doubled and gold up 50%.

[Karartma1]

But when the ATH is breached, the real FOMO will start. Then the SEC morons like Jay Clayton will realise that invetstors do not need their approval to invest in Bitcoin. The obstacles they've built are not applied for Bitcoin. Peeps like Clayton and Mnuchin are bastards of the fiat adultery, while we are the true heirs of the only asset that will survive and get stronger with time.

The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts.

http://p2pfoundation.ning.com/forum/topics/bitcoin-open-source

If people would understand this very simple mechanism I am sure there will be a massive FOMO.
The obstacles you talk about were put in place for a very simple reason: to avoid the 99% to know what the 1% do to be wealthy.
Bitcoin destroys all this.

It's about time and I quote your personal message All good things to those who wait. I can't merit you because my pockets are empty but as soon as they come I will divert them to you (EDIT: done ). Your Legendary path must be accelerated.
 

[Hueristic]

Microsoft Windows machine can be perfectly safe. Let's say it's dedicated to run your full node and nothing else.

What hackers can do in such situation?

Well winblows is a black box and therefore you can NEVER assume it can be perfectly safe.

The list of compromised services is so lengthy I don't even think there is a comprehensive list available.

Here is a list (not complete) of services you should have disabled that allow remote ports to be opened on your system.

TCP 53 -- DNS Zone Transfer
TCP 135 -- RPC Endpoint Mapper
TCP 139 -- NetBIOS Session Service
TCP 445 -- SMB Over TCP
TCP 3389 -- Terminal Services
UDP 137 -- NetBIOS Name Service
UDP 161 -- Simple Network Management Protocol

TCP/UDP 389 -- Lightweight Directory Access Protocol

Bottom line is that yes Winblows can be hardened by customization's but just due to its closed source nature it will always be a security risk.

OOB installs are inherently UNSAFE and any patch you apply from Microshaft will undo your security settings. So yeah there is that.
Fighting Redmond to keep systems secure is one of the largest wastes of time in my entire life.

[El duderino_]

11 today seems quite possible.

Minutes

[fillippone]

Bakkt Tuesday's numbers: Volume: 17 745 BTC ($192.84 million, +61%)  (New ATH)

https://twitter.com/BakktBot/status/1306115788995260424

Remember the dissapointment of the first day with volume of several bitcoins? Well, this escalated quite fast to the levels of the biggest exchanges! And this is still unnoticed among the other 'hot' news about defi and microshares. Defi is having currently around 100 000BTC locked into smart contracts and rising of course. More and more serious investors and companies are accumulating bitcoins causing a shortage on the spot exchanges. Good times are coming and the bears know it! Of course they will fight desperately between 10K and 20K to be able to buy cheap coins as long as possible. But when the ATH is breached, the real FOMO will start. Then the SEC morons like Jay Clayton will realise that invetstors do not need their approval to invest in Bitcoin. The obstacles they've built are not applied for Bitcoin. Peeps like Clayton and Mnuchin are bastards of the fiat adultery, while we are the true heirs of the only asset that will survive and get stronger with time.

So, are there any knife catchers left trying to gain from 5 min 1-2% drops? They must be completely blinded and not being able to see the big picture. It is funny how such plankton is coming here to boast with a leverage short profit. It is like a child boasting with his 2+2=4 calculation to a professor who invented a new branch in math. I don't know to laugh or to pity such n00bs. Especially, considering that 90% of the Binance trades are of sums below 0.01 BTC. And even if they make a profit on the first trade, the second will  be a loss to devour both their profit and their investment. Patetik and Haaalerius!

Bakkt numbers are growing, but are tiny in the big game of futures exchanges.
This is a cold shower on the "institutional money is pouring the market, as the other exchange, CME, is bigger, but still limited if put aside with "unregulated" exchanges.
More on this topic here

On a different news today Bitcoin Optech Newsletter #115 is out.

Taproot/Schnorr activation code is coming to Bitcoin core

Libsecp256k1 #558 implements schnorr signature verification and single-party signing over the secp256k1 elliptic curve as standardized in BIP340. Compared to the existing ECDSA signatures used in Bitcoin, schnorr signatures rely on fewer security assumptions, are non-malleable, and allow for much simpler key aggregation schemes such as MuSig. Schnorr signatures are also a key component of taproot, which uses aggregated schnorr signatures for “everyone agrees” key-path spends. Spending a taproot output using the key-path offers better spending condition privacy and reduces signature sizes. Bitcoin Core has correspondingly updated their internal libsecp256k1 tree to incorporate this change.

[proudhon]

The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts.

If people would understand this very simple mechanism I am sure there will be a massive FOMO.

The confirmed science and math that Satoshi didn't understand has to do with how poorly this system functions as a currency. We tried it for a few years. It doesn't work. It's only a bad speculative vehicle, which now people realize and have been dumping for 4 years. The project failed. Neat idea, but fractional reserve banking is clearly better based on all proven and confirmed science and math. I'm glad Satoshi tried this out, but now we know it doesn't work and we can go back to the way things are proven to work best.

[aesma]

MicroStrategy did it again. they bought another 14k btc for $175mil.

they own 38250 btc now.

Michael Saylor is savage.


https://twitter.com/michael_saylor/status/1305850568531947520?s=21

I thought that perhaps their initial investment had been done over months to dollar average the price, but I guess not, meaning they bought basically at AYH. Now they bought the dip and lowered their average price 500$, from 11653$ to 11111$, so almost the price right now.

[Hueristic]

The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts.

If people would understand this very simple mechanism I am sure there will be a massive FOMO.

The confirmed science and math that Satoshi didn't understand has to do with how poorly this system functions as a currency. We tried it for a few years. It doesn't work. It's only a bad speculative vehicle, which now people realize and have been dumping for 4 years. The project failed. Neat idea, but fractional reserve banking is clearly better based on all proven and confirmed science and math. I'm glad Satoshi tried this out, but now we know it doesn't work and we can go back to the way things are proven to work best.

Oh man this one just killed me!

Way to put that effort in!

[BobLawblaw]

Microsoft Windows machine can be perfectly safe. Let's say it's dedicated to run your full node and nothing else.
What hackers can do in such situation?

Well winblows is a black box and therefore you can NEVER assume it can be perfectly safe.
The list of compromised services is so lengthy I don't even think there is a comprehensive list available.
Here is a list (not complete) of services you should have disabled that allow remote ports to be opened on your system.
<snip>

If you aren't running your home LAN behind a managed firewall (I use a Redhat-based product), then you aren't doing local security well.

Default rules should be block everything incoming at the Firewall, and only port forward as necessary to machines. Disable ICMP pinging at the firewall as well if you want to be extra careful.

I've moved my full node over to a Windows 10 install, after getting sick and tired of the thermal controller on the IBM server I was using, needing an update, and didn't have updates available for Ubuntu (Only Redhat and Windows. Thanks IBM. Fuckers.) Used a free tool to copy the ext4 bitcoin directory data over to an NTFS volume, and I was off to the races again.

In theory, port forwarding should be "secure enough", assuming <bitcoin_port> doesn't become exploitable at some point...

[proudhon]

The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts.

If people would understand this very simple mechanism I am sure there will be a massive FOMO.

The confirmed science and math that Satoshi didn't understand has to do with how poorly this system functions as a currency. We tried it for a few years. It doesn't work. It's only a bad speculative vehicle, which now people realize and have been dumping for 4 years. The project failed. Neat idea, but fractional reserve banking is clearly better based on all proven and confirmed science and math. I'm glad Satoshi tried this out, but now we know it doesn't work and we can go back to the way things are proven to work best.

Oh man this one just killed me!

Way to put that effort in!

Thank you. I've put a lot of time into my science and math research to confirm my statements as proven true. I've even been cited in international news for my analysis.

[xhomerx10]

The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts.

If people would understand this very simple mechanism I am sure there will be a massive FOMO.

The confirmed science and math that Satoshi didn't understand has to do with how poorly this system functions as a currency. We tried it for a few years. It doesn't work. It's only a bad speculative vehicle, which now people realize and have been dumping for 4 years. The project failed. Neat idea, but fractional reserve banking is clearly better based on all proven and confirmed science and math. I'm glad Satoshi tried this out, but now we know it doesn't work and we can go back to the way things are proven to work best.

 It seems as though adamstgBit letting you off the hook for a 10 BTC debt your mouth fingers got you into has somehow emboldened you.  

 https://bitcointalk.org/index.php?topic=200663.0

 Just to highlight for everyone, that 10 BTC is valued at US$110,000 right now.

[serveria.com]

It's over 11k! 

[VB1001]

https://datamish.com/

[cAPSLOCK]

The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts.

If people would understand this very simple mechanism I am sure there will be a massive FOMO.

The confirmed science and math that Satoshi didn't understand has to do with how poorly this system functions as a currency. We tried it for a few years. It doesn't work. It's only a bad speculative vehicle, which now people realize and have been dumping for 4 years. The project failed. Neat idea, but fractional reserve banking is clearly better based on all proven and confirmed science and math. I'm glad Satoshi tried this out, but now we know it doesn't work and we can go back to the way things are proven to work best.

I am afraid there are not nearly enough people here realizing the magnitude of this current round of Proudhon posting.  I mean... if you just look at his history of calling tops and bottoms... it's pretty much confirmed.  By science. And all of the sources.  And you all think I am joking.  But I am actually dead serious.  Confirmed.

You guys do know what this means is about to happen, right?

[xhomerx10]

I've got my space suit on.

[philipma1957]

The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts.

If people would understand this very simple mechanism I am sure there will be a massive FOMO.

The confirmed science and math that Satoshi didn't understand has to do with how poorly this system functions as a currency. We tried it for a few years. It doesn't work. It's only a bad speculative vehicle, which now people realize and have been dumping for 4 years. The project failed. Neat idea, but fractional reserve banking is clearly better based on all proven and confirmed science and math. I'm glad Satoshi tried this out, but now we know it doesn't work and we can go back to the way things are proven to work best.

I am afraid there are not nearly enough people here realizing the magnitude of this current round of Proudhon posting.  I mean... if you just look at his history of calling tops and bottoms... it's pretty much confirmed.  By science. And all of the sources.  And you all think I am joking.  But I am actually dead serious.  Confirmed.

You guys do know what this means is about to happen, right?

moonshot 14k by oct 1

and ath soon after.


I thought about this a lot. And i am pretty sure that is going to happen.

[Toxic2040]

WO Recap without any bias...

-Arrie ancestor's selfie - Boner alert  -   No homo
-savetherainforest " "F^ck you statsu" does not exist."
-Dunkelheit667 's montly update
-AlcoHoDL increased his BTC stash, Bob paid his mortgage and LFC lived like an king for 12 months by dumping BSV-BCH
-Lucius "mini dump - let’s just say Bithumb again"
-BTC maximalist etc etc
-Poor Mindrust still taking punches.
-Hairy still missing
-Jojo is in lurking and meme mode only
-About JJG well...
-Defi, eth, erc20 blah blah
-proudhon "Proven by science and maths."
-BTC crashed
-SwayStar123 needed some attention, s/he got some.
-nutildah "Merit Consent Form" -this is good-
-Lambie bambie is alive.
-gappie deserve a Hat.
-JJG going off topic - keywords; Dip, Stack, DCA, Buy order, But, If, likely-
-ivomm "Rusty pipe for trolls"
-Jimbo "Good morning and observing X-amount USD/CAD"
-Discussion on usage of "They or S/He" for random person.
-nullius joins the JJG as wordyman
-JJG trying to decode nullius's posting pattern
-Pasteurize or raw milk? Raw milk
-Beartards posting
-Defi Defi Defi Defi
-v8's commentary on current affairs. -All hail to Mughalistan -
-Bob unignoring everyone, except JJG
-v8 and bob (Secret group controversy)
-Haiku day
-Sushi (defi) lol
-Covid 19 discussion, China etc etc
-Cryptotourist talking about skull fuck or something. -His pee pee getting hard for swaystar-
-Off topic
-Nullius deserve a day but JJG vetoed the petition -Jealous bot-
-Husband-wife, male-female, political correctness. Yada yada yada
-proudhon trolling
-JJG-nullius going off-topic.
-No new Pee-stunt from the dude.
-Slap yourself if you sold the bottom, again!
-philipma1957 joins the JJG-nullius's nexus
-AlcoHoDL if possible post this in B&H too. -
-swaystar " I demand respect, period"
-New hero arrived tourist the merit whore - Congrats-
-Toxic still posting charts and +1, +2 but not sending one..
-Price speculation
-Haiku day! Bob aka hindu cow seems calm. AlcoHoDL's haiku takes the cake.
-Arrie "STOP DELETING THE HISTORY OF THIS THREAD!!"

+3 WOsMerit's



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https://datamish.com/

it gives me great pleasure thinking about all the cat gifs that were reviewed to make this post..carry on

+1 WOsMerit


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#dyor
1h


4h

#stronghands