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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5855. (Read 26716251 times)

legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"

Nice Elwar!
But Jack Dorsey's first ever tweet just sold for $2.9mln to the Chief Executive of Oracle.
https://www.bbc.com/news/business-56492358

I think it's the very same guy who is (or was) bidding on Elon musk's NFT.

That mofo is motherFking rich af. Wink

The ethereum network is a buzz to see which pool will be mining that block where it landed on. Cheesy

I'm not one to brag but the value of my post went from zero to an officially appraised value of almost a satoshi so....ya, it's kinda a big deal.

The percentage appreciation is somewhere around infinity.

There was an error in that earlier appraisal that has been revised to "up to 10 satoshis," but what do I know?  you are a pretty charismatic, popular and wild and crazy guy... which could affect value assessments.

“Someone just transferred 12,000 #bitcoin  off of Coinbase, that's over half a billion dollars. They bought the dip.”
https://twitter.com/documentingbtc/status/1374356761000431620?s=21

Elon is that you?

I see a lot of folks wondering if it is Musk, or Saylor, and although those are great, I would MUCH rather see it be a purchase by some other entity.  Those guys will look like us spiral eyed loons as they keep buying... but if it's GOOG or APPL or something... whee!

Yes that’s absolutely true, these entities will jump in sooner or later... GOOG, APPL, FBOK even MSOFT can’t be ruled out.

It's all about game theorie. Sooner or later they will have to adapt if they don't want to fall behind. Devil take the hindmost.

I have a serious question how these entities are able to withdraw tens of 1000s of BTC is single go when normal users have limits from 1BTC to 100BTC Max.
And that’s after f*cking annoying KYC. Take naked pics with your driving license one hand and hand written note on other hand.

On KRAKEN i can withdrawal "unlimited" amount in crypto.

Why would you want to do that?

Do they have a bitcoin withdrawal related policy/practice, by the way?
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
Bank of America published the first chart back in 2018 claiming "bubble has popped". Today, we fixed the data for them:


https://twitter.com/DocumentingBTC/status/1374337711344123904
One of the things they do not realize or do not want to realize is that if they were to do the same exercise but with revolutionary technology then they will get a similar chart to the one on the left at a early point of time on the life of the technology, but after a few years we will see what it is on the right one.

This has always happened, think of any revolutionary technology like train transportation, the telegraph, telephones, electricity, electric light, cars, guns, cellphones, the Internet or bitcoin and you will see the same pattern, at the beginning it may give the impression of a bubble to the not initiated, but the fundamentals behind the technology are there and then we see a huge spike, there was a time so called experts believed the Internet will disappear, we did not needed electric light as kerosene lamps were better and safer or that no one will ever use cellphones as payphones were everywhere, those same experts or at least their spiritual successors made the same claims about bitcoin and they will face the same results.
sr. member
Activity: 722
Merit: 389
“Someone just transferred 12,000 #bitcoin  off of Coinbase, that's over half a billion dollars. They bought the dip.”
https://twitter.com/documentingbtc/status/1374356761000431620?s=21

Elon is that you?

I see a lot of folks wondering if it is Musk, or Saylor, and although those are great, I would MUCH rather see it be a purchase by some other entity.  Those guys will look like us spiral eyed loons as they keep buying... but if it's GOOG or APPL or something... whee!

Yes that’s absolutely true, these entities will jump in sooner or later... GOOG, APPL, FBOK even MSOFT can’t be ruled out.

It's all about game theorie. Sooner or later they will have to adapt if they don't want to fall behind. Devil take the hindmost.

I have a serious question how these entities are able to withdraw tens of 1000s of BTC is single go when normal users have limits from 1BTC to 100BTC Max.
And that’s after f*cking annoying KYC. Take naked pics with your driving license one hand and hand written note on other hand.

On KRAKEN i can withdrawal "unlimited" amount in crypto.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas

Nice Elwar!
But Jack Dorsey's first ever tweet just sold for $2.9mln to the Chief Executive of Oracle.
https://www.bbc.com/news/business-56492358

I think it's the very same guy who is (or was) bidding on Elon musk's NFT.

That mofo is motherFking rich af. Wink

The ethereum network is a buzz to see which pool will be mining that block where it landed on. Cheesy

I'm not one to brag but the value of my post went from zero to an officially appraised value of almost a satoshi so....ya, it's kinda a big deal.

The percentage appreciation is somewhere around infinity.
legendary
Activity: 1869
Merit: 5781
Neighborhood Shenanigans Dispenser
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"


Pretty please  Smiley

That would make 2024-2025 above $5M per BTC  Grin

Don't get ahead of yourself...  


One fractal at a time.

quantum computer impacts are getting closer: https://arxiv.org/abs/2103.06159

Quote
Factoring 2048 RSA integers in 177 days with 13436 qubits and a multimode memory

Caution: They did not build such a computer or even factorize anything with it. They just proposed an architecture and calculated how effective it would be if someone could build it.

So this is no reason to panic, but it feels like the impacts are getting closer.

LArgest Quantum computer they can build is 53 Qbits. Still, it is starting to come down the old tracks....
nothing to worry about at the moment.

bought a small bunch of corn at 52k, done with my monthly buy.

Also, merit me I'm poor

You gotta beg in the correct, ImThour, way... you fuck. #nohomo
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
“Someone just transferred 12,000 #bitcoin  off of Coinbase, that's over half a billion dollars. They bought the dip.”
https://twitter.com/documentingbtc/status/1374356761000431620?s=21

Elon is that you?

I see a lot of folks wondering if it is Musk, or Saylor, and although those are great, I would MUCH rather see it be a purchase by some other entity.  Those guys will look like us spiral eyed loons as they keep buying... but if it's GOOG or APPL or something... whee!

Yes that’s absolutely true, these entities will jump in sooner or later... GOOG, APPL, FBOK even MSOFT can’t be ruled out.

It's all about game theorie. Sooner or later they will have to adapt if they don't want to fall behind. Devil take the hindmost.

I have a serious question how these entities are able to withdraw tens of 1000s of BTC is single go when normal users have limits from 1BTC to 100BTC Max.
And that’s after f*cking annoying KYC. Take naked pics with your driving license one hand and hand written note on other hand.

These deals are not happening on the retail exchanges but via the OTC desks.  Coinbase seems to be the big winner here, which is a sort of shame.  I would like to see more action at ANY of the other US exchange's OTC desks. 

And I speculate many of these buyers are also counting on the broker they use to manage the custody as well, so the movement is most likely to a segregated address that Coinbase (or whomever) actually holds the keys for.
legendary
Activity: 1303
Merit: 1681
a Cray can run an endless loop in under 4 hours
quantum computer impacts are getting closer: https://arxiv.org/abs/2103.06159

Quote
Factoring 2048 RSA integers in 177 days with 13436 qubits and a multimode memory

Caution: They did not build such a computer or even factorize anything with it. They just proposed an architecture and calculated how effective it would be if someone could build it.

So this is no reason to panic, but it feels like the impacts are getting closer.

LArgest Quantum computer they can build is 53 Qbits. Still, it is starting to come down the old tracks....

Would such a 'project' just 'make' projects like sha-256 algo switch to POS or something because they would have to? Or would such a quantum computer

simply be able to 'break' all crypto algos of pow or pos? or whatever?

brad


I don't think this has anything to do with PoW or PoS. Quantum computers do not threaten the mining process but the public/private signatures of bitcoin addresses. Quantum computers will be able to decipher the private key for an address to which the public key is known. Bitcoin currently uses ECDSA which is vulnerable to such attacks and will have to switch to a quantum resistant signature if needed.

edit: your bitcoin are safe from quantum computer attacks if you do not reuse bitcoin addresses. As soon as you send bitcoin, the public key from this address is stored in the blockchain and is known to everyone.
copper member
Activity: 2898
Merit: 1465
Clueless!
quantum computer impacts are getting closer: https://arxiv.org/abs/2103.06159

Quote
Factoring 2048 RSA integers in 177 days with 13436 qubits and a multimode memory

Caution: They did not build such a computer or even factorize anything with it. They just proposed an architecture and calculated how effective it would be if someone could build it.

So this is no reason to panic, but it feels like the impacts are getting closer.

LArgest Quantum computer they can build is 53 Qbits. Still, it is starting to come down the old tracks....

Would such a 'project' just 'make' projects like sha-256 algo switch to POS or something because they would have to? Or would such a quantum computer

simply be able to 'break' all crypto algos of pow or pos? or whatever?

brad
legendary
Activity: 3990
Merit: 4597
“Someone just transferred 12,000 #bitcoin  off of Coinbase, that's over half a billion dollars. They bought the dip.”
https://twitter.com/documentingbtc/status/1374356761000431620?s=21

Elon is that you?

I see a lot of folks wondering if it is Musk, or Saylor, and although those are great, I would MUCH rather see it be a purchase by some other entity.  Those guys will look like us spiral eyed loons as they keep buying... but if it's GOOG or APPL or something... whee!

Yes that’s absolutely true, these entities will jump in sooner or later... GOOG, APPL, FBOK even MSOFT can’t be ruled out.

It's all about game theorie. Sooner or later they will have to adapt if they don't want to fall behind. Devil take the hindmost.

I have a serious question how these entities are able to withdraw tens of 1000s of BTC is single go when normal users have limits from 1BTC to 100BTC Max.
And that’s after f*cking annoying KYC. Take naked pics with your driving license one hand and hand written note on other hand.

Are you kidding? The limit is only up to the point of how much you hold and can realistically move. If they own 10K btc, why would there be a limit of 100 btc?
copper member
Activity: 1526
Merit: 2890
“Someone just transferred 12,000 #bitcoin  off of Coinbase, that's over half a billion dollars. They bought the dip.”
https://twitter.com/documentingbtc/status/1374356761000431620?s=21

Elon is that you?

I see a lot of folks wondering if it is Musk, or Saylor, and although those are great, I would MUCH rather see it be a purchase by some other entity.  Those guys will look like us spiral eyed loons as they keep buying... but if it's GOOG or APPL or something... whee!

Yes that’s absolutely true, these entities will jump in sooner or later... GOOG, APPL, FBOK even MSOFT can’t be ruled out.

It's all about game theorie. Sooner or later they will have to adapt if they don't want to fall behind. Devil take the hindmost.

I have a serious question how these entities are able to withdraw tens of 1000s of BTC is single go when normal users have limits from 1BTC to 100BTC Max.
And that’s after f*cking annoying KYC. Take naked pics with your driving license one hand and hand written note on other hand.
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Also, some of these countries have very high suicide rates.

Evidently it's a hard job being the master race.

It's a hard job being "happy" too..

As soon as there is any slight downward trend in the feelings of happiness, suicide happens, in order to keep up the average level of "happy."

There are likely a lot of happy endings in those places, too.
legendary
Activity: 1303
Merit: 1681
a Cray can run an endless loop in under 4 hours
“Someone just transferred 12,000 #bitcoin  off of Coinbase, that's over half a billion dollars. They bought the dip.”
https://twitter.com/documentingbtc/status/1374356761000431620?s=21

Elon is that you?

I see a lot of folks wondering if it is Musk, or Saylor, and although those are great, I would MUCH rather see it be a purchase by some other entity.  Those guys will look like us spiral eyed loons as they keep buying... but if it's GOOG or APPL or something... whee!

Yes that’s absolutely true, these entities will jump in sooner or later... GOOG, APPL, FBOK even MSOFT can’t be ruled out.

It's all about game theorie. Sooner or later they will have to adapt if they don't want to fall behind. Devil take the hindmost.
copper member
Activity: 1526
Merit: 2890
“Someone just transferred 12,000 #bitcoin  off of Coinbase, that's over half a billion dollars. They bought the dip.”
https://twitter.com/documentingbtc/status/1374356761000431620?s=21

Elon is that you?

I see a lot of folks wondering if it is Musk, or Saylor, and although those are great, I would MUCH rather see it be a purchase by some other entity.  Those guys will look like us spiral eyed loons as they keep buying... but if it's GOOG or APPL or something... whee!

Yes that’s absolutely true, these entities will jump in sooner or later... GOOG, APPL, FBOK even MSOFT can’t be ruled out.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
“Someone just transferred 12,000 #bitcoin  off of Coinbase, that's over half a billion dollars. They bought the dip.”
https://twitter.com/documentingbtc/status/1374356761000431620?s=21

Elon is that you?

I see a lot of folks wondering if it is Musk, or Saylor, and although those are great, I would MUCH rather see it be a purchase by some other entity.  Those guys will look like us spiral eyed loons as they keep buying... but if it's GOOG or APPL or something... whee!
legendary
Activity: 3990
Merit: 4597
FYI: with higher btc prices the whale category has been re-calibrated to above 100btc, which makes sense due to a comparison between >100btc holders and overall number of whales. Above 1000 btc is probably a blue whale.
https://ccnews24.net/bitcoin-whales-100-to-1k-btc-increased-their-holdings-from-december-2020-by-331k-btc/

Well, the rest of the article (apart from the heading) still shows old denominations that look incorrect to me (by the species preponderance).
legendary
Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)
Totally off-topic:

I've recently discovered the following YouTube channel:

Soft White Underbelly

Some very powerful interviews there, from people on the fringes of society. Well worth checking out.

Oh god, one of my very favourite ones, too.
"Gummo - the hacker" is imho the best i can remember. And the guy with the hole shot in his face. Deep stuff.
copper member
Activity: 1526
Merit: 2890
“Someone just transferred 12,000 #bitcoin  off of Coinbase, that's over half a billion dollars. They bought the dip.”
https://twitter.com/documentingbtc/status/1374356761000431620?s=21

Elon is that you?
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