EVERY YEAR THE SAME FUCKING SHIT!
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18369. (Read 26710296 times)
August 02, 2016, 07:08:21 PM
EVERY YEAR THE SAME FUCKING SHIT!
August 02, 2016, 07:07:28 PM
positive note: all that exaggerated halving-positivity is vapourized.
Personally speaking I was expecting something like that to happen. Price suppression post-halving could last for so long without some source of coins, so they would have to "find" coins through other means (like hacks). Hacking for coins is an act of desperation for market suppression, yet fundamentals are stronger than pre-halving: Inflation is now -657.000 coins less per year than what it was pre-halvening. So even 110k coins is just 1 months supply at pre-halvening rate.
I was expecting something like that too. All those "hacks" can be done only with help from insiders.
August 02, 2016, 07:07:23 PM
https://np.reddit.com/r/Bitcoin/comments/4vupa6/p2shinfo_shows_movement_out_of_multisig_wallets/d61ro84?context=1
what does everyone make of this?
'Zane, this is many times larger than the block reward for the duration of time that has elapsed. Have you considered getting a list of transactions to blacklist and getting miners to reorg the theft? The window of time for that hasn't closed.
(If this happened in the last day, then that's 12.5*144 blocks = 1,800 BTC in subsidy. That's <2% of the hack.)'
from a core developer.
what does everyone make of this?
'Zane, this is many times larger than the block reward for the duration of time that has elapsed. Have you considered getting a list of transactions to blacklist and getting miners to reorg the theft? The window of time for that hasn't closed.
(If this happened in the last day, then that's 12.5*144 blocks = 1,800 BTC in subsidy. That's <2% of the hack.)'
from a core developer.
Bitcoin survived with something like 7% of all coins getting hacked, why would it hard fork for ...0.7%? It's a non-issue (for the greater whole).
August 02, 2016, 07:05:56 PM
LoL ... this guy could write prophecies... https://www.youtube.com/watch?v=ZxkKkN0hluk
He actually said it will go under 660$ .. till somewhere 615$ ... then go up in stairs... is the 2nd time I listen to the madness of the guy... (first time was in September/October last year when I listened what he had to say)
He proves to be a good source... maybe even more luck in the future!
He actually said it will go under 660$ .. till somewhere 615$ ... then go up in stairs... is the 2nd time I listen to the madness of the guy... (first time was in September/October last year when I listened what he had to say)
He proves to be a good source... maybe even more luck in the future!
August 02, 2016, 07:04:15 PM
Bitcoin exchanges have been getting hacked regularly since 2011, especially the biggest ones ... only fucking idiots would know this and keep their coins on an exchange ...
https://bitcointalksearch.org/topic/list-of-major-bitcoin-heists-thefts-hacks-scams-and-losses-576337
basically if you send coins to an exchange you should consider them coins GONE.
https://bitcointalksearch.org/topic/list-of-major-bitcoin-heists-thefts-hacks-scams-and-losses-576337
basically if you send coins to an exchange you should consider them coins GONE.
August 02, 2016, 07:03:38 PM
https://np.reddit.com/r/Bitcoin/comments/4vupa6/p2shinfo_shows_movement_out_of_multisig_wallets/d61ro84?context=1
what does everyone make of this?
'Zane, this is many times larger than the block reward for the duration of time that has elapsed. Have you considered getting a list of transactions to blacklist and getting miners to reorg the theft? The window of time for that hasn't closed.
(If this happened in the last day, then that's 12.5*144 blocks = 1,800 BTC in subsidy. That's <2% of the hack.)'
from a core developer.
what does everyone make of this?
'Zane, this is many times larger than the block reward for the duration of time that has elapsed. Have you considered getting a list of transactions to blacklist and getting miners to reorg the theft? The window of time for that hasn't closed.
(If this happened in the last day, then that's 12.5*144 blocks = 1,800 BTC in subsidy. That's <2% of the hack.)'
from a core developer.
I can't wait to sell my coins on the rollback fork.
August 02, 2016, 07:02:37 PM
i get that this might come off as really optimistic but...
bitfinex is a massive entity, its not impossible they can handle the loss and work on farcical reserves for a few years?
i mean banks work with <10% farcical reserves??? why cant bitfinex work with like 50%
bitfinex is a massive entity, its not impossible they can handle the loss and work on farcical reserves for a few years?
i mean banks work with <10% farcical reserves??? why cant bitfinex work with like 50%
August 02, 2016, 07:00:58 PM
https://np.reddit.com/r/Bitcoin/comments/4vupa6/p2shinfo_shows_movement_out_of_multisig_wallets/d61ro84?context=1
what does everyone make of this?
'Zane, this is many times larger than the block reward for the duration of time that has elapsed. Have you considered getting a list of transactions to blacklist and getting miners to reorg the theft? The window of time for that hasn't closed.
(If this happened in the last day, then that's 12.5*144 blocks = 1,800 BTC in subsidy. That's <2% of the hack.)'
from a core developer.
what does everyone make of this?
'Zane, this is many times larger than the block reward for the duration of time that has elapsed. Have you considered getting a list of transactions to blacklist and getting miners to reorg the theft? The window of time for that hasn't closed.
(If this happened in the last day, then that's 12.5*144 blocks = 1,800 BTC in subsidy. That's <2% of the hack.)'
from a core developer.
August 02, 2016, 07:00:04 PM
This is such bullshit. Bitcoin is a ticking bug-bounty... A $100 trezor!
It is, but bitcoin wasn't hacked. Bitfinex was
August 02, 2016, 06:57:55 PM
positive note: all that exaggerated halving-positivity is vapourized.
Personally speaking I was expecting something like that to happen. Price suppression post-halving could last for so long without some source of coins, so they would have to "find" coins through other means (like hacks). Hacking for coins is an act of desperation for market suppression, yet fundamentals are stronger than pre-halving: Inflation is now -657.000 coins less per year than what it was pre-halvening. So even 110k coins is just 1 months supply at pre-halvening rate.
This is such bullshit. Bitcoin is a ticking bug-bounty... A $100 trezor!
August 02, 2016, 06:57:10 PM
@JJG: I thought this might be the SFYL spark that got you to hodl your own BTC in your own wallet, guess not. 
JJG's seriously mixed emotions:
On one hand, his coin got stolen; on the other, BTC is tanking, so he didn't lose as much
Both of you guys are goofie in your attempt to troll and to stalk other people, merely to attempt to make fun of other people without providing any meaningful or interesting or even genuine details regarding your own BTC positions.
August 02, 2016, 06:56:21 PM
At least we don't have to worry about those finex margin longs any more.
Btw, I'm sorry for those who lost on finex today. I'd suggest you seek legal assistance asap.
August 02, 2016, 06:55:57 PM
https://twitter.com/MagicalTux/status/760609149646311424
@guruvan Just for the record let me say that I have nothing to do with what happened to @bitfinex
What an asshole!
@guruvan Just for the record let me say that I have nothing to do with what happened to @bitfinex
What an asshole!
The kid's got some jokes
August 02, 2016, 06:55:33 PM
positive note: all that exaggerated halving-positivity is vapourized.
Personally speaking I was expecting something like that to happen. Price suppression post-halving could last for so long without some source of coins, so they would have to "find" coins through other means (like hacks). Hacking for coins is an act of desperation for market suppression, yet fundamentals are stronger than pre-halving: Inflation is now -657.000 coins less per year than what it was pre-halvening. So even 110k coins is just 1 months supply at pre-halvening rate.
August 02, 2016, 06:55:28 PM
This could turn out to be a fast recovery lol
A nice price correction. back to 700.00 would work
A nice price correction. back to 700.00 would work
... anything is possible now the overhang of finex shorting machine has been removed.
August 02, 2016, 06:55:12 PM
https://twitter.com/MagicalTux/status/760609149646311424
@guruvan Just for the record let me say that I have nothing to do with what happened to @bitfinex
What an asshole!
@guruvan Just for the record let me say that I have nothing to do with what happened to @bitfinex
What an asshole!
August 02, 2016, 06:55:02 PM
From what I have read, there is a possibility that its bitgo's fault on the hack, and if thats the case then they do have insurance. But I doubt it will get all this covered. We will know once the company releases an announcement about it.
didn't bitpay recently fail in an insurance claim?
You mean you expect an insurgence co to pay out because CTO knowingly bypassed security protocall and told CEO "Yo broster, send over some coinz to this addy!" because wanted concert tix or some shit?
Evol insurance companies... Can't trust them.
Read my post before you. Apparently bitgo had nothing to do with the bitcoin market. It was the ETH they are responsible for , which right now is safe.
August 02, 2016, 06:52:36 PM
How come they lost so much? Aren't they storing cold?
No. Users had multisig addys. They didn't use hot/cold.
1 is the client
1 is bitfienx
what's the 3rd???
No. Client held no keys. One is finex. Two is bitgo. The third I think is also finex (offline). Either way is a shitty implementation.
Just read the representatives reply on this. They say bitgo was only for ETH market and not the bitcoin market. So no hope of recovery from there.
August 02, 2016, 06:52:30 PM
This could turn out to be a fast recovery lol
A nice price correction. back to 700.00 would work
A nice price correction. back to 700.00 would work
Don't hold your breath. Price was trending down already after the block halving non event
August 02, 2016, 06:52:06 PM
glad to see we are getting away from the bottom
Jump to: