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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21057. (Read 26720642 times)

legendary
Activity: 1148
Merit: 1001
Saw an article this morning.  http://www.msn.com/en-us/news/technology/the-blackmail-of-ashley-madison-users-has-already-begun/ar-BBlXLTH?li=AA54ur I guess a extortionist group called "Team GrayFlay" is already threatening to blackmail Ashley Madison users in the hack and they want payment only in Bitcoin.  From the article
Quote
Unfortunately your data was leaked in the recent hacking of Ashley Madison and I now have your information. If you would like to prevent me from finding and sharing this information with your significant other send exactly 2.00000054 bitcoins (approx. value $450 USD) to the following address…
Quote
If Team GrayFlay (or any other blackmailer, for that matter) emailed all 32 million account holders, and just 0.01% of them agreed to pay up the $450 (£288) ransom, it would still earn them $1.4 million dollars (£0.9 million).

So I guess this is bullish news?  Not sure how I feel about making a profit on the heels of extortion though.   Undecided
legendary
Activity: 1106
Merit: 1007
Hide your women
where are the finex walls?

They got eaten. Completely.

Didnt you get the memo?

BFX's liquidity provider just went fuck this shit and pulled all the liquidity right before the big sell off.

There's only one or two big liquidity providers left on BFX, they all moved on after BFX exposed that they were paying 0 trading fees.

Everyone's on OKC now. Don't be surprised if BFX becomes just another stamp like fiat gateway.

If they pulled out, others will move in to out bid me. Or I make bank.
Traders love volatility. Investors don't. I'm both. I ain't worried either way.

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1106
Merit: 1007
Hide your women
Quote


You cannot use something as a store of value if it is not in fact valuable. If you could I would use my poo as a store of value and be a rich man.

anyone who doesn't see the value of real estate on oldest longest most secure blockchain ledger can talk to my boss who bought worthless Louisiana swampland, developed a fraction of it and is now worth millions.
sr. member
Activity: 354
Merit: 250
sub 200 by next month?  Wink
Flash dump, but not a stable price
hero member
Activity: 798
Merit: 1000
where are the finex walls?

They got eaten. Completely.

Didnt you get the memo?

BFX's liquidity provider just went fuck this shit and pulled all the liquidity right before the big sell off.

There's only one or two big liquidity providers left on BFX, they all moved on after BFX exposed that they were paying 0 trading fees.

Everyone's on OKC now. Don't be surprised if BFX becomes just another stamp like fiat gateway.
legendary
Activity: 1106
Merit: 1007
Hide your women
This is a special breed of stupidity:

Quote
Bitcoin block rewards will eventually become infinitesimal, at that point transaction fees will be the only rewards miners get. Right now transaction fees are around 0.1-0.5 BTC per block, which is nowhere near enough funding to secure the network by itself. We need transaction fees to go up, and the only thing that will force them up is the blocksize limit. Increasing block size might cause fundamental damage to Bitcoin due to this.


Larger blocks with more transactions will have more transaction fees. PLUS the fees become more valuable as  bitcoin increases in price, even if the percentage of the transaction the fee represents gets smaller and smaller. This is because  as bitcoin becomes a more viable alternative to ACH, SWIFT, Western Union, Moneygram, remittances, wire xfers, etc, many more people will keep a small stash of BTC as a hedge against fiat onramp blockage.

Miners do not have to include microtransactions in their blocks, but some do. So large transactions with fees are on average faster. There is a market for speed by design.

Chainbloat is the price we pay for disruptive competitive advantage over legacy systems. It makes us incrementally more vulnerable to some malicious attacks and much LESS vulnerable to others like transaction backlogs. It's a cost of doing business and a ridiculously low one compared to legacy networks' cost of doing business. Successful miners aren't the ones obstructing progress here. It's the inefficient miners and those attempting to subsidize their inefficiency who are.

scale or die.
member
Activity: 73
Merit: 10
I think it's 'peak turd' for at least another 5-10 years. Then she'll start to dabble in scientology, go fat and mad and move to a shack in the wilderness. Her 2039 comeback will be a sensation as she performs remotely from a forest clearing and she'll tragically be eaten by a bear in front of billions of viewers. Then you really make bank.
Get a dated certificate of authenticity now. Turds from her hot years will be worth more.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC

I'd sell it now. In the long run people will be saying "Taylor who?"


You have a point, but I think it's worth keeping in pride of place in a glass cabinet for a few years yet.

What is it with you and poo? You're one of those guys who's actually fapping to "Two Girls, One Cup".

As if you didn't.  Come now, Bitcoiner, no shame in being an anal retentive.   Delayed gratification, accumulate, accumulate ... and LET IT OUT!  Ahhh...

Give up  lambie. That movie is all you'll never be. You'll always be nr.2.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC

You're probably right. I suck at market timing.


I think it's 'peak turd' for at least another 5-10 years. Then she'll start to dabble in scientology, go fat and mad and move to a shack in the wilderness. Her 2039 comeback will be a sensation as she performs remotely from a forest clearing and she'll tragically be eaten by a bear in front of billions of viewers. Then you really make bank.

 

What is it with you and poo? You're one of those guys who's actually fapping to "Two Girls, One Cup".


Maybe. PM me if you have any 'special' offers.

I think fapping to my gravy is more than you can handle.
member
Activity: 73
Merit: 10

I'd sell it now. In the long run people will be saying "Taylor who?"


You have a point, but I think it's worth keeping in pride of place in a glass cabinet for a few years yet.

Taylor Swift poop is a scarce commodity.
Pooping at max capacity, there is only so much poop Taylor can create in her lifetime.  If every person on earth wanted to own *just one* mason jar of Taylor's poop, there wouldn't be enough to go around.
Supply and demand, Econ. 101, you figure it out.
CCMF!
PPMF!
legendary
Activity: 2604
Merit: 3056
Welt Am Draht

You're probably right. I suck at market timing.


I think it's 'peak turd' for at least another 5-10 years. Then she'll start to dabble in scientology, go fat and mad and move to a shack in the wilderness. Her 2039 comeback will be a sensation as she performs remotely from a forest clearing and she'll tragically be eaten by a bear in front of billions of viewers. Then you really make bank.

 

What is it with you and poo? You're one of those guys who's actually fapping to "Two Girls, One Cup".


Maybe. PM me if you have any 'special' offers.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC

I'd sell it now. In the long run people will be saying "Taylor who?"


You have a point, but I think it's worth keeping in pride of place in a glass cabinet for a few years yet.

What is it with you and poo? You're one of those guys who's actually fapping to "Two Girls, One Cup".
member
Activity: 73
Merit: 10

I'd sell it now. In the long run people will be saying "Taylor who?"


You have a point, but I think it's worth keeping in pride of place in a glass cabinet for a few years yet.
You're probably right. I suck at market timing.
legendary
Activity: 2604
Merit: 3056
Welt Am Draht

I'd sell it now. In the long run people will be saying "Taylor who?"


You have a point, but I think it's worth keeping in pride of place in a glass cabinet for a few years yet.
member
Activity: 73
Merit: 10

You cannot use something as a store of value if it is not in fact valuable. If you could I would use my poo as a store of value and be a rich man.

How good is Bitcoin at conducting electricity?  Or is it great for making pipes?
No, but you can use it to buy drugs on the internet or place ads on Backpage.
member
Activity: 73
Merit: 10

You cannot use something as a store of value if it is not in fact valuable. If you could I would use my poo as a store of value and be a rich man.


If you could purchase a certified heap of Taylor Swift's dung along with a video of her producing it I think you'd probably do rather well in the long run.
I'd sell it now. In the long run people will be saying "Taylor who?"
sr. member
Activity: 354
Merit: 250
where are the finex walls?

They got eaten. Completely.
Thanks!!
I cant go on vacation, go mess!
legendary
Activity: 2604
Merit: 3056
Welt Am Draht

You cannot use something as a store of value if it is not in fact valuable. If you could I would use my poo as a store of value and be a rich man.


If you could purchase a certified heap of Taylor Swift's dung along with a video of her producing it I think you'd probably do rather well in the long run.
hero member
Activity: 569
Merit: 505
where are the finex walls?

They got eaten. Completely.
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