Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 12954.

bitserve

legendary

Activity: 1932

Merit: 1610

Self made HODLER ✓

Quote from: goldkingcoiner on October 10, 2018, 04:11:30 PM

Quote from: bitserve on October 10, 2018, 04:08:21 PM

Quote from: goldkingcoiner on October 10, 2018, 04:02:38 PM

Quote from: Spaceman_Spiff_Original on October 10, 2018, 03:49:36 PM

Quote from: bitserve on October 10, 2018, 03:19:19 PM

The 310BTC challenge has been solved.

P.S.: https://docs.google.com/document/d/1nUAhlC_n21ZLZcRAHpLw9G--gpk4NUVIJqVp9F68qp4/preview

Yeah, crap, I just learned about it today, started working on it for a bit. I found the line at 310, but that's about it. Then saw in posts that people were way past that already.
Don't think my knowledge, skills and intelligence would have been sufficient to find it if I heard about it from the start, so probably a personal time-saver that it was found today Grin

.

And nobody has come forward. No bragging no nothing. Seems fishy.

"A guy called "Lustre" told me he managed to decode it. Good job!

- Oct 9 2018: First successful registration

- Oct 9 2018: The 0.2 BTC wallet was emptied. Someone called "aaron" sent an email with proof he solved this one.

- Oct 10 2018: The 310 BTC funds were taken. Whoever won the first prize, please get in touch with me!

- Oct 10 2018: The 0.31 BTC wallet is yet to be solved."

I would surely not come forward if I had win. Would be too busy deciding between a bit less than 1 million after taxes or more than 2 million of "out of the system" money. Probably would have chosen first option in the end, but who knows.

I would hodl (anyone who isn't an idiot would) and post dick pics all over the forum. Not even the small winners have come forward. Until I see the 310 btc solution I would say there was never a 310 btc reward and the guy still has his own bitcoin in a different wallet... The smaller amounts, sure. Maybe. For shits and giggles.

It isn't a matter of hodling or not hodling. The moment you receive such a big prize you owe taxes for its actual value. If you don't sell enough to pay taxes and the price drops to $3000.... you owe more than you still have. Funny, uh?

P.S.: That reminds me to when Andreas received that big donation.... I hope he didn't hodl this time. Deep shit otherwise.

Spaceman_Spiff_Original

full member

Activity: 417

Merit: 220

Quote from: Wekkel on October 10, 2018, 04:12:21 PM

Quote from: HairyMaclairy on October 10, 2018, 02:22:50 PM

Quote from: Wekkel on October 10, 2018, 12:17:44 PM

An interesting take on the NVT Signal: “How to Value Cryptoassets (Part I)” https://medium.com/whaleblocks/how-to-value-cryptoassets-part-i-49f244962c7d

But somehow it seems off for the current situation (see link in my comment beneath the article).

I’m not sure how they account for transaction batching in the NVT calculation, as the number of transactions is falling due to batching.

Thanks, makes sense. I found some useful info here but it dates from May 2018.

Key paragraph:

Quote

3.4 Has transaction count become an unreliable measure of Bitcoin’s usage because of batching?
Yes. We strongly encourage any analysts, investors, journalists, and developers to look past mere transaction count from now on. The default measure of Bitcoin’s performance should be “payments per day” rather than transaction count. This also makes Bitcoin more comparable with other UTXO chains. They generally have significantly variable payments-per-transaction ratios, so just using payments standardizes that. (Stay tuned: Coinmetrics will be rolling out tools to facilitate this very soon.)

More generally, we think that the economic value transmitted on the network is its most fundamental characteristic. Both the naive and the adjusted figures deserve to be considered. Adjusting raw output value is still more art than science, and best practices are still being developed. Again, Coinmetrics is actively developing open-source tools to make these adjustments available.

I lack the knowledge to see whether and if so, how this would impact the NVT Signal.

The questions are whether NVT Signal looks at transaction volume and whether batching would distort that metric (not necessarily but that depends on how NVT is calculated of course). Google is not giving me articles with conclusive direction. Willy Woo seem to confirm that batch transactions do not impact his NVT ratio: https://twitter.com/woonomic/status/973708939714965504

I am curious.

Just speaking for myself, I use less transactions now than before. I did use bitcoin for fun little purchases once in a while, but I stopped doing that after the fees skyrocketed. Until LN is in a sufficient mature state, I don't plan to make purchases in bitcoin again, only using it as a store-of-value and speculative instrument.

bitserve

legendary

Activity: 1932

Merit: 1610

Self made HODLER ✓

Quote from: Spaceman_Spiff_Original on October 10, 2018, 04:15:07 PM

Quote from: goldkingcoiner on October 10, 2018, 04:11:30 PM

I would hodl (anyone who isn't an idiot would) and post dick pics all over the forum. Not even the small winners have come forward. Until I see the 310 btc solution I would say there was never 310 btc. The smaller amounts, sure. Maybe.

BS, he provided a signed message which everyone can check. If it was fake, he would have been called out on it immediately. The only thing you might think is that he sent it back to his own address, but I highly doubt that.

There is a fair chance this is a way to check if he can launder some "dark" Bitcoins... That has nothing to do with the fact that he proved he does indeed control the Bitcoins.

We will probably never know for sure. Anyways, it was an entertaining challenge... one that *maybe* created a new millionaire.

Spaceman_Spiff_Original

full member

Activity: 417

Merit: 220

Quote from: goldkingcoiner on October 10, 2018, 04:11:30 PM

I would hodl (anyone who isn't an idiot would) and post dick pics all over the forum. Not even the small winners have come forward. Until I see the 310 btc solution I would say there was never 310 btc. The smaller amounts, sure. Maybe.

BS, he provided a signed message which everyone can check. If it was fake, he would have been called out on it immediately. The only thing you might think is that he sent it back to his own address, but I highly doubt that.

Wekkel

legendary

Activity: 3122

Merit: 1538

yes

Quote from: HairyMaclairy on October 10, 2018, 02:22:50 PM

Quote from: Wekkel on October 10, 2018, 12:17:44 PM

An interesting take on the NVT Signal: “How to Value Cryptoassets (Part I)” https://medium.com/whaleblocks/how-to-value-cryptoassets-part-i-49f244962c7d

But somehow it seems off for the current situation (see link in my comment beneath the article).

I’m not sure how they account for transaction batching in the NVT calculation, as the number of transactions is falling due to batching.

Thanks, makes sense. I found some useful info here but it dates from May 2018.

Key paragraph:

Quote

3.4 Has transaction count become an unreliable measure of Bitcoin’s usage because of batching?
Yes. We strongly encourage any analysts, investors, journalists, and developers to look past mere transaction count from now on. The default measure of Bitcoin’s performance should be “payments per day” rather than transaction count. This also makes Bitcoin more comparable with other UTXO chains. They generally have significantly variable payments-per-transaction ratios, so just using payments standardizes that. (Stay tuned: Coinmetrics will be rolling out tools to facilitate this very soon.)

More generally, we think that the economic value transmitted on the network is its most fundamental characteristic. Both the naive and the adjusted figures deserve to be considered. Adjusting raw output value is still more art than science, and best practices are still being developed. Again, Coinmetrics is actively developing open-source tools to make these adjustments available.

I lack the knowledge to see whether and if so, how this would impact the NVT Signal.

The questions are whether NVT Signal looks at transaction volume and whether batching would distort that metric (not necessarily but that depends on how NVT is calculated of course). Google is not giving me articles with conclusive direction. Willy Woo seem to confirm that batch transactions do not impact his NVT ratio: https://twitter.com/woonomic/status/973708939714965504

I am curious.

goldkingcoiner

legendary

Activity: 2282

Merit: 2057

A Bitcoiner chooses. A slave obeys.

Quote from: bitserve on October 10, 2018, 04:08:21 PM

Quote from: goldkingcoiner on October 10, 2018, 04:02:38 PM

Quote from: Spaceman_Spiff_Original on October 10, 2018, 03:49:36 PM

Quote from: bitserve on October 10, 2018, 03:19:19 PM

The 310BTC challenge has been solved.

P.S.: https://docs.google.com/document/d/1nUAhlC_n21ZLZcRAHpLw9G--gpk4NUVIJqVp9F68qp4/preview

Yeah, crap, I just learned about it today, started working on it for a bit. I found the line at 310, but that's about it. Then saw in posts that people were way past that already.
Don't think my knowledge, skills and intelligence would have been sufficient to find it if I heard about it from the start, so probably a personal time-saver that it was found today Grin

.

And nobody has come forward. No bragging no nothing. Seems fishy.

"A guy called "Lustre" told me he managed to decode it. Good job!

- Oct 9 2018: First successful registration

- Oct 9 2018: The 0.2 BTC wallet was emptied. Someone called "aaron" sent an email with proof he solved this one.

- Oct 10 2018: The 310 BTC funds were taken. Whoever won the first prize, please get in touch with me!

- Oct 10 2018: The 0.31 BTC wallet is yet to be solved."

I would surely not come forward if I had win. Would be too busy deciding between a bit less than 1 million after taxes or more than 2 million of "out of the system" money. Probably would have chosen first option in the end, but who knows.

I would hodl (anyone who isn't an idiot would) and post dick pics all over the forum. Not even the small winners have come forward. Until I see the 310 btc solution I would say there was never a 310 btc reward and the guy still has his own bitcoin in a different wallet... The smaller amounts, sure. Maybe. For shits and giggles.

bitserve

legendary

Activity: 1932

Merit: 1610

Self made HODLER ✓

Quote from: Spaceman_Spiff_Original on October 10, 2018, 03:49:36 PM

Quote from: bitserve on October 10, 2018, 03:19:19 PM

The 310BTC challenge has been solved.

P.S.: https://docs.google.com/document/d/1nUAhlC_n21ZLZcRAHpLw9G--gpk4NUVIJqVp9F68qp4/preview

Yeah, crap, I just learned about it today, started working on it for a bit. I found the line at 310, but that's about it. Then saw in posts that people were way past that already.
Don't think my knowledge, skills and intelligence would have been sufficient to find it if I heard about it from the start, so probably a personal time-saver that it was found today Grin

.

I have done my fair share of CTF's in the past... but I am sure I would have not solved this one even if I had devoted 100% to it from the beginning. Not a chance. Too many factors to "guess" instead of simply "research" in this one.

becoin

legendary

Activity: 3431

Merit: 1233

Quote from: nikauforest on October 10, 2018, 03:44:30 PM

Quote from: HairyMaclairy on October 10, 2018, 03:39:39 PM

Quote from: nikauforest on October 10, 2018, 03:31:17 PM

Bitfinex at 100$ BTC premium Huh

What is going on?

Tether is trading at $0.98 USD. It’s a risk premium of dealing with Bitfinex.

Thanks, crazy times ahead maybe?

Actually this premium is quite reasonable. Bitfinex dollars are more valuable than Fed dollars! Bitfinex dollars can be instantly converted into bitcoins in contrast to Fed dollars that must overcome many bank-related obstacles till they're credited to your exchange account.

bitserve

legendary

Activity: 1932

Merit: 1610

Self made HODLER ✓

Quote from: goldkingcoiner on October 10, 2018, 04:02:38 PM

Quote from: Spaceman_Spiff_Original on October 10, 2018, 03:49:36 PM

Quote from: bitserve on October 10, 2018, 03:19:19 PM

The 310BTC challenge has been solved.

P.S.: https://docs.google.com/document/d/1nUAhlC_n21ZLZcRAHpLw9G--gpk4NUVIJqVp9F68qp4/preview

Yeah, crap, I just learned about it today, started working on it for a bit. I found the line at 310, but that's about it. Then saw in posts that people were way past that already.
Don't think my knowledge, skills and intelligence would have been sufficient to find it if I heard about it from the start, so probably a personal time-saver that it was found today Grin

.

And nobody has come forward. No bragging no nothing. Seems fishy.

"A guy called "Lustre" told me he managed to decode it. Good job!

- Oct 9 2018: First successful registration

- Oct 9 2018: The 0.2 BTC wallet was emptied. Someone called "aaron" sent an email with proof he solved this one.

- Oct 10 2018: The 310 BTC funds were taken. Whoever won the first prize, please get in touch with me!

- Oct 10 2018: The 0.31 BTC wallet is yet to be solved."

I would surely not come forward if I had win. Would be too busy deciding between a bit less than 1 million after taxes or more than 2 million of "out of the system" money. Probably would have chosen first option in the end, but who knows.

goldkingcoiner

legendary

Activity: 2282

Merit: 2057

A Bitcoiner chooses. A slave obeys.

Quote from: Spaceman_Spiff_Original on October 10, 2018, 03:49:36 PM

Quote from: bitserve on October 10, 2018, 03:19:19 PM

The 310BTC challenge has been solved.

P.S.: https://docs.google.com/document/d/1nUAhlC_n21ZLZcRAHpLw9G--gpk4NUVIJqVp9F68qp4/preview

Yeah, crap, I just learned about it today, started working on it for a bit. I found the line at 310, but that's about it. Then saw in posts that people were way past that already.
Don't think my knowledge, skills and intelligence would have been sufficient to find it if I heard about it from the start, so probably a personal time-saver that it was found today Grin

.

And nobody has come forward. No bragging no nothing. Seems fishy.

"A guy called "Lustre" told me he managed to decode it. Good job!

- Oct 9 2018: First successful registration

- Oct 9 2018: The 0.2 BTC wallet was emptied. Someone called "aaron" sent an email with proof he solved this one.

- Oct 10 2018: The 310 BTC funds were taken. Whoever won the first prize, please get in touch with me!

- Oct 10 2018: The 0.31 BTC wallet is yet to be solved."

jonoiv

hero member

Activity: 966

Merit: 526

🐺Dogs for President🐺

Quote from: nikauforest on October 10, 2018, 03:31:17 PM

Bitfinex at 100$ BTC premium Huh

What is going on?

Trend setters at bitfinex

Spaceman_Spiff_Original

full member

Activity: 417

Merit: 220

Quote from: bitserve on October 10, 2018, 03:19:19 PM

The 310BTC challenge has been solved.

P.S.: https://docs.google.com/document/d/1nUAhlC_n21ZLZcRAHpLw9G--gpk4NUVIJqVp9F68qp4/preview

Yeah, crap, I just learned about it today, started working on it for a bit. I found the line at 310, but that's about it. Then saw in posts that people were way past that already.
Don't think my knowledge, skills and intelligence would have been sufficient to find it if I heard about it from the start, so probably a personal time-saver that it was found today Grin

.

El duderino_

legendary

Activity: 2758

Merit: 13660

BTC + Crossfit, living life.

$btc no man's land... maybe for another week or two.

after seeing this chart .... maybe yes makes sense . sideways and sideways Roll Eyes

whatever with TA seeing 100's of charts and FUNNYcharts but offcourse ...... 1 will be nailing it Grin

Last of the V8s

legendary

Activity: 1652

Merit: 4393

Be a bank

Quote from: jojo69 on October 10, 2018, 03:37:10 PM

Quote from: Last of the V8s on October 10, 2018, 03:13:35 PM

President Trump has been briefed on the market sell off this afternoon. A senior White House official gives me this comment now: “This is a bull market correction. It’s probably healthy. This will pass and the US economy remains strong.”
— Eamon Javers (@EamonJavers) October 10, 2018

that's it

I'm bugging out

see you guys when I get a microwave relay going from my mountain fortress

https://cryptolinenews.com/2018/10/bitcoin-wallet-txtenna/
Users need to download the Samurai wallet and the TxTenna for Android devices and pair it with the Tenna Mesh Device. After this the user will be able to create and sign transactions offline using bitcoins, the transactions will relay across the goTenna Mesh devices until the transaction is received or sent by the final online Android device.

nikauforest

full member

Activity: 298

Merit: 149

Quote from: HairyMaclairy on October 10, 2018, 03:39:39 PM

Quote from: nikauforest on October 10, 2018, 03:31:17 PM

Bitfinex at 100$ BTC premium Huh

What is going on?

Tether is trading at $0.98 USD. It’s a risk premium of dealing with Bitfinex.

Thanks, crazy times ahead maybe?

UnknownHolder

newbie

Activity: 15

Merit: 2

Quote from: Last of the V8s on October 10, 2018, 01:23:45 PM

https://blockstream.com/2018/10/10/liquid-launch.html

Quote

We are excited to announce that the Liquid Network is now live. As the world’s first production Bitcoin sidechain, the Liquid Network provides fast, secure, and confidential transactions to address the needs of exchanges, brokers, market makers, and financial institutions around the world.

The Liquid blockchain went live with the first block generated on September 27, 2018 at 1:29 UTC. 23 of the cryptocurrency industry’s biggest players participated in the launch as Liquid members, including Altonomy, Atlantic Financial, Bitbank, Bitfinex, Bitmax, BitMEX, Bitso, BTCBOX, BTSE, Buull Exchange, DGroup, Coinone, Crypto Garage, GOPAX (operated by Streami), Korbit, L2B Global, OKCoin, The Rock Trading, SIX Digital Exchange, Unocoin, Xapo, XBTO, and Zaif. Together, these members comprise the Liquid Network, ensuring users’ assets are protected through a geographically diverse network with no single point of failure.

It is game changer. New bull run is starting.

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

Quote from: nikauforest on October 10, 2018, 03:31:17 PM

Bitfinex at 100$ BTC premium Huh

What is going on?

Tether is trading at $0.98 USD. It’s a risk premium of dealing with Bitfinex.

El duderino_

legendary

Activity: 2758

Merit: 13660

BTC + Crossfit, living life.

Quote from: HairyMaclairy on October 10, 2018, 03:22:04 PM

Quote from: Last of the V8s on October 10, 2018, 03:20:06 PM

Quote from: HairyMaclairy on October 10, 2018, 03:06:55 PM

Quote from: Last of the V8s on October 10, 2018, 02:51:18 PM

Quote from: HairyMaclairy on October 10, 2018, 02:22:50 PM

the democratic principles of Bitcoin.

balls

I remain confident that Bitcoin is intended to be decentralised and depermissioned. Maybe you were thinking of XRP?

Make sense first. Then try and be funny.

You are cranky today. Maybe it’s a bottom signal.

Edit: the floor is holding surprisingly strong at the moment. Too early to call bottom but it’s interesting to watch. Am a bit wary of these stories of institutional investors in the OTC market. It all sounds a bit Chinese NY / Wall St bonuses to me.

hairy finding that the floor is holding strong at the moment, and rethinking about the bottom is maybe in ..... is already bullish indicator for me.
have to increase stacks these weeks.... give me aces and aces when i play thanks in advance Roll Eyes

jojo69

legendary

Activity: 3388

Merit: 4775

diamond-handed zealot

Quote from: Last of the V8s on October 10, 2018, 03:13:35 PM

President Trump has been briefed on the market sell off this afternoon. A senior White House official gives me this comment now: “This is a bull market correction. It’s probably healthy. This will pass and the US economy remains strong.”
— Eamon Javers (@EamonJavers) October 10, 2018

that's it

I'm bugging out

see you guys when I get a microwave relay going from my mountain fortress

nikauforest

full member

Activity: 298

Merit: 149

Bitfinex at 100$ BTC premium Huh

What is going on?

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 12954. (Read 26715079 times)