Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7484. (Read 26586306 times)

This is possible.  But it seems unlikely to me.  Someone in that position would almost CERTAINLY be being advised by a cryptographer with a good idea of what these action would portend. 

It is EXTREMELY unlikely that someone that holds keys to that early block would move those coins without knowing it was going to be a earthquake in the BTC community.  Which raises the likelyhood that they are doing it BECAUSE of that.  Not in spite of it.

In short: yes 

A hat-maker with an engwish teaching side gig, or the other way around?

Who proclaimed that jacks-of-all-trades had gone extinct?

 

So 50 BTC got moved from a wallet from 2009? People are saying it was one of the known addresses for CSW? What is everyone elses input on that? I really do not believe he is Satoshi! Now he may have been an early adopter but I do not think he was part of the (TEAM) behind bitcoin....


I just wish I had 1 out of 50 of those coins.... It is crazy to me that 1 block of 50 BTC is worth half a million dollars now... smh why did I not know about BTC back then smh...

https://www.blockchain.com/btc/tx/cb1440c787d8a46977886405a34da89939e1b04907f567bf182ef27ce53a8d71

That's part of the problem of any bailout... how to decide criteria and who would qualify?  This would not really be insurance unless members would have to pay in to be eligible.. and that would likely be shut down soon by admins of the forum...

Probably any such fund would establish the criteria ahead of time, and then contributions would be made into such fund based on the criteria that had already been established.  You see how quickly it gets messy.

I suppose any well to do member might establish such fund himself/herself and maybe even fund such effort to the extent that donations might not cover it.. but then if there were a fund that required group input, then the selection or election of the group might be established ahead of time, too.

It seems messy, almost no matter what when we are on the interwebs, because it can be quite difficult to verify some of the stories, so maybe in some sense, the whole concept of a fund would be from a benevolent dictator rather than a committee because the benevolent dictator would not necessarily have to account, except when s/he is receiving funds people expect some kind of an accounting, and s/he could decide if s/he believes the story (and justification) for a bailout with some portion of the funds.

Let's say for example that I had started a fund earlier in the year, and I had already set forth that I was going to consider various cases in which members might need a bailout, and maybe one of the criteria would be that any bailout would be locked up for one year and another criteria would be that they would have to lock up some amount that is similar to the bailout and also employ dollar cost averaging and HODLing.. blah blah blah.  I also disclosed that I had .5BTC that I was going to start out with the fund, and I set forth some criteria, and I said that anyone could donate to the fund, if s/he wanted to help the fund.  So in the last several months, I had received an additional .1BTC.. so the totality of the fund had added up to .6BTC.

Thereafter, I had been confronted with the case of mindrust and the case of VB1001, and based on my having had gathered evidence, I decided that mindrust deserved a .05BTC bailout and VB1001 deserved a .125 bailout (this conclusion regarding amounts is hypothetical and is assuming some facts that might not be in evidence, such as mindrust having had panic sold and that VB1001 was more morally justified in his having had sold.. which might well be BIG-ASS assumptions but are fine for illustrative purposes).  

So in the end, members might decide to support (or give to) the fund based on my previous decisions, my stated criteria and they might believe that I am a fair person in these kinds of ways.  Others might not want to give to such a fund for a variety of reasons including that they don't agree with bailouts, they don't trust my decisions in regards to eligibility or my discretion (or they don't want to give me such powers) and/or they also might believe that there is a long scam potential or exit scam potential with the establishment of such a honey pot. Seems messy to me, but there could be ways to arrange such a thing, but anyone who arranges it too, and agrees to take donations, is likely going to receive negative feedback and skepticism regarding their purported good intentions.  

wow and i though i was the doom and gloom guy. im far too small a target to worry. even us average folks have investments and advisers.

My bet is on Hal's estate, just selling some FIFO

Oh yeah. I forgot that space exists. Kind of like my wife's...nevermind.

I am honored.  But the key is simple. 

Open source? CHECK 
Decentralized? CHECK

Therefore:

Chaos? CHECK
COPYCATS? CHECK

It has to be... and in the end Mosaic lives on in Mozilla (I know not really a direct descendant...  but in spirit at least, and that dev team)  And though I do not think there will be a webkit, or chrome in the bitcoin space... there will at least be a few Edges.

And most likely the real world changing tools are the Netflixes that have yet to be built on TOP of BTC.

I am placing my bets...  really just 2 of them.

He does have an address in his profile 1PCm7LqVkhj4xRpKNyyEeekwhc1mzK52cT

Is that right?

I think this is highly unlikely.  Possible, yes... but kind of the opposite of Occams razor.  Someone mining literally 1 month in?  The chances of this person losing their key is pretty slim.  This is a fairly rarified group of cypherpunks at that point.  Things like passwords and the like are in their blood.

Also it is extremely unlikely that this person needs to move those coins.

So that means this is being done for another reason.

And that is why the entire market just sneezed and is now holding it's breath.

I expect CSW comes out full bore shortly.  And one motivation for doing this would be to lay a trap for him.  I would LOVE TO SEE THAT.  Course, I guess this could also be the tip of the "rolling iceburg"? ROTFLMFAO.

The reality is whomever did this... there is 99% chance that this is all meta.  Know what I mean?  They are not planning on building a new swimming pool or something.

Am I the only one who believes that it will fell below 8000$?

You seem to be reading way too much into this.

Bitcoin prices have hardly even moved.

Yeah, of course, we had a little correction in the last few hours, and sure, the correction might go down another $1,000 or even $2k, but so far it went down a few hundred and then bounced back to within about $200 or $300 from where it started.  Furthermore, it hardly even reached dip levels that it had achieved yesterday...

I don't see anything, so far, that is really bearish about this  -and it could be the opposite.. but too soon to call that, either.



Reminds me of Clint Eastwood.

"You feeling lucky, punk."

 


 (nothing personal)

Well it was a pretty flaccid attempt to plunge us sub $9,000.

If i could ask one thing, it'd be for them to sign that Faketoshi is fraud   funny that BSV also went down when coins moved

Whew, back above $9500. Let's see if bears are really losing dumping power already.

"All €¥€$ on BTC"

Congrats, that didn't take long.

Fat lot o good it'll do ya. 

r.i.p. mr. rooster @aabtc : ( ***

R.I.P. @ACTUALADVICEBTC  

YOU WILL BE FOREVER REMEMBERED !! ~ LOVE YOU BRO!!




https://coinstreetnews.com/2020/05/actualadvicebtc-has-passed-away/