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Poll
Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (9%)
8/4 - 16 (13.1%)
8/11 - 7 (5.7%)
8/18 - 6 (4.9%)
8/25 - 8 (6.6%)
After August - 73 (59.8%)
Total Voters: 122

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26486737 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
BlindMayorBitcorn
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October 11, 2014, 11:01:30 PM

By the way bitcoin is not more a store of value than ripple... seriously...

Bitcoin tends to appeal to techie druggy speculators and degenerate gambler types. What is Ripple's demographic?
hdbuck
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October 11, 2014, 11:02:11 PM

By the way bitcoin is not more a store of value than ripple... seriously...

well there at least seems to be a conscensus. ^^
Davyd05
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October 11, 2014, 11:02:18 PM

Now is your chance to sell with no slippage weekend dumpers.

fuck it market buy all the bitcoins
mah87
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October 11, 2014, 11:02:27 PM

By the way bitcoin is not more a store of value than ripple... seriously...

Bitcoin tends to appeal to techie druggy speculators and degenerate gambler types. What is Ripple's demographic?

professionals
dz5
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October 11, 2014, 11:02:43 PM

Couldn't take it anymore, had to make an account so I could ignore the ripple guy.
NotLambchop
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October 11, 2014, 11:03:08 PM

*boop*
YogoH
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October 11, 2014, 11:03:17 PM

Did that buy come off the wall?
bzzard
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October 11, 2014, 11:03:20 PM

https://xrptalk.org/topic/4156-email-from-justcoin-about-their-hacking/

"A network-wide weakness in how both Ripple and Stellar communicated transactions was exploited by an unknown third-party to to deposit false IOUs through Ripple/Stellar to Justcoin. These were consequently withdrawn to their own payment networks as native currencies. The result was that our hotwallets were emptied. Most of our customers' funds is in cold storage but the amounts were still significant. Justcoin will not operate as a fractional reserve and therefore we decided to lock down all services affected until we had a solution ready."
BlindMayorBitcorn
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October 11, 2014, 11:03:25 PM

By the way bitcoin is not more a store of value than ripple... seriously...

Bitcoin tends to appeal to techie druggy speculators and degenerate gambler types. What is Ripple's demographic?

professionals

Ugh. No thank you Grin
Davyd05
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October 11, 2014, 11:05:52 PM

Did that buy come off the wall?

think its there still 29xx at 360.09 or something like that
Walsoraj
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October 11, 2014, 11:06:18 PM

https://xrptalk.org/topic/4156-email-from-justcoin-about-their-hacking/

"A network-wide weakness in how both Ripple and Stellar communicated transactions was exploited by an unknown third-party to to deposit false IOUs through Ripple/Stellar to Justcoin. These were consequently withdrawn to their own payment networks as native currencies. The result was that our hotwallets were emptied. Most of our customers' funds is in cold storage but the amounts were still significant. Justcoin will not operate as a fractional reserve and therefore we decided to lock down all services affected until we had a solution ready."

Stop spreading FUD or I delete your post and ban your ass.  Angry Angry Angry
brg444
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Bitcoin replaces central, not commercial, banks


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October 11, 2014, 11:06:26 PM

By the way bitcoin is not more a store of value than ripple... seriously...

 Roll Eyes

you right, as good a store a value as fiat
mah87
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October 11, 2014, 11:07:01 PM

https://xrptalk.org/topic/4156-email-from-justcoin-about-their-hacking/

"A network-wide weakness in how both Ripple and Stellar communicated transactions was exploited by an unknown third-party to to deposit false IOUs through Ripple/Stellar to Justcoin. These were consequently withdrawn to their own payment networks as native currencies. The result was that our hotwallets were emptied. Most of our customers' funds is in cold storage but the amounts were still significant. Justcoin will not operate as a fractional reserve and therefore we decided to lock down all services affected until we had a solution ready."

Well justcoin are blaming others for not having properly configure the software... This is not a weaknesses that has been exploit but and option badly set...
mah87
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October 11, 2014, 11:07:56 PM

By the way bitcoin is not more a store of value than ripple... seriously...

 Roll Eyes

you right, as good a store a value as fiat

fiat is a far better store of value than btc or xrp if you bought in december... or even 2months ago !
hdbuck
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October 11, 2014, 11:08:15 PM

https://xrptalk.org/topic/4156-email-from-justcoin-about-their-hacking/

"A network-wide weakness in how both Ripple and Stellar communicated transactions was exploited by an unknown third-party to to deposit false IOUs through Ripple/Stellar to Justcoin. These were consequently withdrawn to their own payment networks as native currencies. The result was that our hotwallets were emptied. Most of our customers' funds is in cold storage but the amounts were still significant. Justcoin will not operate as a fractional reserve and therefore we decided to lock down all services affected until we had a solution ready."


Quote
Justcoin cannot and will not accept taking the responsibility for this weakness in the network. It is caused by a feature that is poorly documented and has been present in both Ripple and Stellar for a long time. Other gateways, exchanges and native transaction explorers have also been affected. There is also documented that the security vulnerability has been known by the network developers for at least 2 months without any kind of explicit and direct warning to affected gateways and other services. A thorough and technical explanation of the weakness can be read here: https://medium.com/@...ld-29aaefd8a7ac .

SkyValeey
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October 11, 2014, 11:08:43 PM

Silly wall want to boost price when "natural" move would be correction below 350 imo.
MICRO
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October 11, 2014, 11:09:36 PM

Adam, this poll is no longer useful Cheesy
Richy_T
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October 11, 2014, 11:09:51 PM

By the way bitcoin is not more a store of value than ripple... seriously...

Bitcoin tends to appeal to techie druggy speculators and degenerate gambler types. What is Ripple's demographic?

People who laugh at jokes they don't get.
fonzie
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October 11, 2014, 11:13:26 PM

Silly wall want to boost price when "natural" move would be correction below 350 imo.

Oh no that damn upwards manipulators is ruining the "real" price of BTC. aka "i sold/shorted too low  and want to buy back".

Close your shorts or get raped you fools.
BlindMayorBitcorn
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October 11, 2014, 11:16:21 PM

Silly wall want to boost price when "natural" move would be correction below 350 imo.

Oh no that damn upwards manipulators is ruining the "real" price of BTC. aka "i sold/shorted too low  and want to buy back".

Close your shorts or get raped you fools.

No kidding. It's like too many people lose now if we go moon
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