All posts made by sickpig in Bitcointalk.org's Wall Observer thread
1.
Post 3676688 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_11.27h):
Someone has 200M worth of BTC. holy crap
Am i reading it right, 0 tx fee and already 4 confirmations?
2.
Post 3676934 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_11.27h):
As of now btc has higher evaluation on bitstamp (just a few $). Does it mean there's no more delay in gox fiat widthdrawals?
3.
Post 3850370 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_11.32h):
Chinese companies are removing their Bitcoin payment options because of the new ruling.
citation needed
4.
Post 3850420 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_11.32h):
5.
Post 3920503 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_11.36h):
BTC transactions are seriously joke.
0 fee?
6.
Post 3920613 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_11.36h):
BTC transactions are seriously joke.
0 fee?
nope
strange.
who's the tx recipient? your own wallet or a forex one? Does the tx appear on the blockchain?
7.
Post 3921157 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_11.36h):
Hahha nice rally going on once again
Theorize with me here, I've heard some grumblings if we don't attack the ATH this week blah blah we'll regress by the weekend. I believe another sell off Friday or over the "weak-end" would require some bad enough news or be easily misinterpreted. That being said I would like to just see us consolidate for a whole week and move horizontal which in my opinion would confirm were building a base for our next liftoff.
Stress tests on the Slovenian banking system will be released on Friday evening. Speculation is that the government will have to find 4billion Euro from somewhere to recapitalise its banks. My guess is that they announce a bail-in on Saturday morning (the Cyprus bail-in was also announced on a Saturday morning). Fuck knows what that will do to Bitstamp and the price on other markets.
If memory serves and for what is worth Bitstamp's bank is italian.
8.
Post 3921507 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_11.36h):
Hahha nice rally going on once again
Theorize with me here, I've heard some grumblings if we don't attack the ATH this week blah blah we'll regress by the weekend. I believe another sell off Friday or over the "weak-end" would require some bad enough news or be easily misinterpreted. That being said I would like to just see us consolidate for a whole week and move horizontal which in my opinion would confirm were building a base for our next liftoff.
Stress tests on the Slovenian banking system will be released on Friday evening. Speculation is that the government will have to find 4billion Euro from somewhere to recapitalise its banks. My guess is that they announce a bail-in on Saturday morning (the Cyprus bail-in was also announced on a Saturday morning). Fuck knows what that will do to Bitstamp and the price on other markets.
If memory serves and for what is worth Bitstamp's bank is italian.
Bitstamp is a UK registered company with a Unicredit Slovenia bank account. Unicredit Slovenia is owned by the Italian parent company Unicredit but since they have a Slovenian banking license they follow Slovenian laws. Maybe they'll escape the shitstorm because they have a big parent bank or maybe they'll be dragged into it by the politicians to appease voters that foreigners aren't getting off lightly.
Should I be worried and move my coins out of BitStamp?
could be a wise move at least temporary, if those rumors are supposed to be true. just perform u due diligence and try to cross check with other sources.
9.
Post 4023679 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_11.41h):
I'm a newbie trading wise, so this my dumb question: who's buying all those cheap coin? Because if someone is selling someone else has to buy, no?
10.
Post 4040207 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_11.43h):
bitstamp is an amazing exchange. Only thing it doesn't have is an auto log out feature. This would help with security....
Did they implement stop loss order?
11.
Post 4194432 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_11.48h):
How do we avoid the image block? It makes drawing lines on charts less appealing this way.
Image block? ChartBuddy is kicking asses again, no?
I think it's a matter of which kind of img format you're going to use. avoid gif, use png and you should be safe.
12.
Post 5254769 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.13h):
goxed again ?
13.
Post 5255326 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.13h):
14.
Post 5502366 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.23h):
Auroracoin up 40% since this morning & still on a tear
Wow, buying Auroracoin must be one of the most ingenious methods of donating money to the people of Iceland as possible. I had no idea there was so much love for Icelandic people!
: -) well, they are nice folks. but i think it is an interesting social experiment also, especially in light of what happened with their banks and currency during the big collapse a few years back. just another tendril in the crypto revolution.
dunno if legit but seems that a pump'n'dump is goign on on AUR
https://twitter.com/CryptoJapan/status/440627366759387136/photo/1
15.
Post 5504633 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.23h):
I also would like to buy some LTC, but sadly I did the mistake in using BTC-E. 13 confirms and counting. I hope that BTC won't drop back to 500 meanwhile
I guess that there has to be a delay on BTC deposits, so that "the right people" can all buy in, before all the deposits arrive at the same time creating a sudden surge upwards. One of the reason I left BTC-E, was because it reeked of insider trading with someone constantly playing with 2mil.$+ LTC buy/sell walls.
Any recommendation on what is the most trustworthy place that also trades alts like LTC and PPC?
dunno about PPC but you can trade LTC on kraken.com
16.
Post 5505202 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.23h):
I am still wishing for a day where I can buy my BTC and LTC at one professional exchange like Bitstamp...
Kraken has both BTC and LTC.
and a monthly limit of 100K, I would do that if a week...
you sure?
from kraken site, if you bother/can get "Tier 4 Admiral" verification:
Dailiy limits:
Deposit $100,000.00
Withdraw $100,000.00
Monthly limits:
Deposit $500,000.00
Withdraw $500,000.00
17.
Post 5513300 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.24h):
2- make sure that you use one of the best antivirus programs on the computer you use to browse around and make sure it is up to date.
If I may I dare to expand this point a little. Please do not use windows. It implies an order of magnitude wider attack surface when compared to Linux, OpenBSD, etc. I'm not saying that the latter are better OS per se, I'm only saying that the more diffuse is an OS the higher the effort to hack that system.
So ideally just try to compile your wallet on the less spreaded OS, ideally one should use plan9(*) or something like this. A good compromise in terms of usability could be Linux or FreeBSD.
(*) No, I didn't try to compile bitcoind on plan9 but is should be feasable.
18.
Post 5513344 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.24h):
Now why this Stamp bashing? Do I need to know something? Have a lot of Coins there...
Are you serious?
It's not wise to keep
a lot of value into an exchange account.
19.
Post 5513566 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.24h):
Now why this Stamp bashing? Do I need to know something? Have a lot of Coins there...
Are you serious?
It's not wise to keep
a lot of value into an exchange account.
And especially not in an exchange that is running such shoddy malfunctioning code as bitstamp.
WTF everybody here was saying that Stamp is the best exchange and finaly we get rid of gox and hail Stamp... And now its bullshit code?
My advice wasn't related to a particular exchange. IMHO it's a rule that you must follow to avoid painful losses and it applies to
all the exchanges.
20.
Post 6152244 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.35h):
Wall at $400 was chewed up nicely. It will be interesting to see if what's left holds.
The timing was weird, stamp usually follows huobi a lot, this was kinda out of place
unrelated question: who's buying at houbi? How they do think to eventually monetize theirs assets?
21.
Post 6152934 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.35h):
Wall at $400 was chewed up nicely. It will be interesting to see if what's left holds.
The timing was weird, stamp usually follows huobi a lot, this was kinda out of place
unrelated question: who's buying at houbi? How they do think to eventually monetize theirs assets?
You do know that lots of Chinese travel, have relatives and own property outside of China right?
I do. I just didn't think it could absorb all the assets coming from "going-tp-be-close" china exchanges. But I've simply underestimated it.
22.
Post 6153888 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.35h):
The bank deposit thing I dont think is a massive problem. I can have a wire from my account and on Stamp in a couple of hours most of the time.
wow that's fast. sepa or wire transfer?
23.
Post 6153928 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.35h):
The difference now is that China has actually got to a sustainable solution. Now they have found a solution which provides the capital control they desperately needed without completely banning a revolutional technology. Similar to the compromise that they came to with the internet as whole.
Sorry for bothering but what's the solution they found? (somehow I managed to miss it)
24.
Post 6158041 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.35h):
Someone is selling thousands at a time. This isn't individuals panicking. This is a planned dump from someone that doesn't care about maximizing their gains. It's probably from gox, mybitcoins, hackers, or early adopters panicking.
or someone with a big stash that want widen it, buying lows. maybe or maybe not. I just wanna add this wild guess to the list
25.
Post 6341093 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.39h):
I think we are going to break out of this in a massive downtrend.
keep in mind I am always wrong when it comes to this and this is just a sad attempt to get the bitcoin powers that be to prove me wrong again [\size]
wow you're even better of Lavabit's Ladar Levison who gave to the fed his server SSL keys printed on 11 pages using a 4pt font
26.
Post 6555850 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.42h):
fwiw fidor bank is used by kraken.com
see also this one:
https://bitcointalk.org/index.php?topic=595644.msg6542205#msg6542205edit: add a link to useful info
27.
Post 6556847 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.42h):
And kraken is aiming to become a ripple gateway soon. First bank is onboard, things are gonna move faster now. Probably your last chance to take this train now.
source?
28.
Post 6837327 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.45h):
some big seller probably triggered a panic buy, so he could dump with a better price
quoted for the lulz. C'mon at least come up with something better than that.
Heh, quote all you like, boy.
I've been telling that the price will fall more since December, after I sold.
At that time you were using another account, right ?
29.
Post 6842242 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.45h):
I'm not sure this guy actually understands what an ETF even is. Lot of irrational grasping at straws going on just to rationalize away any possibility that there found really be a reversal of technical trends happening.
he's a troll, he's one of the most funny. nonetheless never feed the trolls and never quote them.
30.
Post 6856796 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.45h):
there is clearly an urgent need for some dinosaurs
LOL
Thank you Sir. You saved the day !
There is definitely a correlation between Bitcoin's price and the number of dinosaurs in this forum
Is that a Pimposaurus?
It's a pumposaurus
There's one thing about this pumposaurus I don't like: it isn't even 2000 USD tall! I'd prefer a log-pumposaurus
in fact he used the wrong scale, he should have used the log one :-)
31.
Post 6883721 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.46h):
And what does MRO provide that Darkcoin does not?
You really should read the thread. This isn't the place. https://bitcointalk.org/index.php?topic=583449 also monero.cc
In a word: privacy. I would not trust my life or wealth to the privacy of DRK. I plan to do so with MRO, gradually. If a better choice arises, I will switch horses. I just don't think that's likely at this point.
It's still in dev phase but what do you think of zerocash?
https://bitcointalk.org/index.php?topic=615514.0
32.
Post 7031229 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.48h):
are these DRK rumors for real? why would they add it?
follow the hype ?
33.
Post 7149474 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.51h):
Does anybody remember what happened on Nov 19th last year to make it swing from 755 to 378?
a china's ban (sorry can't resist
34.
Post 7228708 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.51h):
No block for 30 minutes.
better now?
edit: I've witnessed much longer delay in block solving.. it usually happens when I'm transferring found to my cold wallet.
edit2: related
https://bitcointalk.org/index.php?topic=646519.0 (6 blocks in 11 min)
35.
Post 7228791 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.51h):
No block for 30 minutes.
Could it be we're starting to reach hashrate saturation?
what does "hashrate saturation" mean? (serious question)
36.
Post 7228976 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.51h):
No block for 30 minutes.
Could it be we're starting to reach hashrate saturation?
what does "hashrate saturation" mean? (serious question)
I'd imagine he's talking about the hashrate getting to a level where its not profitable to mine. However people mine at a loss for a number of reasons so its almost impossible to relate to Bitcoin in this context.
got it. thanks.
I was thinking something more complex/strange.
37.
Post 7248193 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.52h):
do we all agree that we are going down? too many sell orders at $650 - $660 - $680, we are heading to $630 - $600 -$5xx
yes we do..... I'd say we're falllling
38.
Post 7249424 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.52h):
do we all agree that we are going down? too many sell orders at $650 - $660 - $680, we are heading to $630 - $600 -$5xx
yes we do..... I'd say we're falllling
I really didn't mean it
39.
Post 7250321 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.52h):
Bitstamp 631, Bitfinex 648, Huobi 648.
I think people are sending their fiat to other places than Stamp now. Even though its still the prefered trading platform for many, people don't want to take part in their KYC/AML.
Where?
I can think of kraken.com if you're euro based, but for dollars btc-e, coinbase?
40.
Post 7251104 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.52h):
Bitstamp 631, Bitfinex 648, Huobi 648.
I think people are sending their fiat to other places than Stamp now. Even though its still the prefered trading platform for many, people don't want to take part in their KYC/AML.
Where?
I can think of kraken.com if you're euro based, but for dollars btc-e, coinbase?
Finex VoS
Finex makes sense as its so much higher.
Did you mean bitfinex? Isn't it based on bitstamp (sort of) ?
41.
Post 7251281 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.52h):
Did you mean bitfinex? Isn't it based on bitstamp (sort of) ?
Yeah Bitfinex, sort of. They used to rely heavily on Stamp but as time has gone on they use them less and less, at one point not so long ago they did say they were almost completely decoupled.
good to know.
thanks for the info.
42.
Post 7266661 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.52h):
Bitcoin gone mainstream , relax and enjoy the ride
i would say, enjoy the price dropping plus money losing and maybe a full market crushing to $5xx and $4xx very soon!
thanks for the mtgox 800k + 200k lost coins and the China ban, there will be no more $1000 crazy buy, face the reality, $6xx is already the top bubble, time to calm down
Fonzie, is that you?
Is Fonzie falllling ? :-)
43.
Post 7267995 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.52h):
Bitcoin gone mainstream , relax and enjoy the ride
i would say, enjoy the price dropping plus money losing and maybe a full market crushing to $5xx and $4xx very soon!
thanks for the mtgox 800k + 200k lost coins and the China ban, there will be no more $1000 crazy buy, face the reality, $6xx is already the top bubble, time to calm down
Fonzie, is that you?
Is Fonzie falllling ? :-)
the answer is no and it doesn't matter
I was just playing with words. Maybe it would have been clearer if I had used "falling" instead, nevermind.
44.
Post 7291962 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.52h):
Ghash.io is back to 45%. Hope it's a temp fix. It's still too much.
Wonder how that came about. Time to visit some other corners of the board.
variance
45.
Post 7292255 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.52h):
I heard they would be auctioning off 30K coins in 30BTC blocks online in a few days, i might wana bid! if i could get my hands on 30BTC for ~10-15K$ fuck man BUY BUY BUY!!
http://www.usmarshals.gov/assets/2014/bitcoins/This auction is for 9 blocks of 3,000 bitcoins (“Series A Blocks”) and 1 block of 2,656.51306529 bitcoins (“Series B Block”).
46.
Post 7292372 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.52h):
Sorry if OT, but with all the mining pool discussions...
Greetings Eligius miners,
So, after some investigation over the past month or so, it turns out a couple of clients/addresses were involved in a “block withholding attack” against Eligius which has cost us an estimated 300 BTC, and likely miners of other pools as well. A block withholding attack is where a miner submits low difficulty shares but does not submit block solutions— so they appear to be working for the pool and continue to get paid while not actually doing useful work for the pool.
[...]
as a side effect this attack could have magnified ghash mining centralization problem lowering the number eligius's solved blocks
47.
Post 7292815 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.52h):
TL;DR dude sells coins because of some FUD he believed in.
He sticked to his investment plan, this is a wise thing to do.
48.
Post 7495748 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.54h):
... simia ex machina?
ROTFL
this is such a gem
49.
Post 7495854 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.54h):
And, if it's not that, it's all of the new corporate mines that have popped up. Generally, IMO, they're not interested in Bitcoin other than to load up on fiat, and since these operations are huge they're taking most of the newly mined coins and dumping them on the market for fiat. In years past, the mining base was much more spread out and mining participants, on average, were more intereseted in building BTC reserves than the fiat equivalent. This concept coupled with the fact that at low prices the daily volume was much greater meant that any new coins mined that did make it to market had little effect on the exchange rate. Now, with higher price, lower volume, and corporate mines with no interest in holding BTC you get an ever increasing supply of fresh coins comparative to historical time frames.
That's an interesting postulation. Though if true, it's not necessarily a bad thing.
I'm total newbie in regard of trading / price discovering etc... but I always wondered: if someone is selling someone else has to buy, am I right?
50.
Post 7496008 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.54h):
And, if it's not that, it's all of the new corporate mines that have popped up. Generally, IMO, they're not interested in Bitcoin other than to load up on fiat, and since these operations are huge they're taking most of the newly mined coins and dumping them on the market for fiat. In years past, the mining base was much more spread out and mining participants, on average, were more intereseted in building BTC reserves than the fiat equivalent. This concept coupled with the fact that at low prices the daily volume was much greater meant that any new coins mined that did make it to market had little effect on the exchange rate. Now, with higher price, lower volume, and corporate mines with no interest in holding BTC you get an ever increasing supply of fresh coins comparative to historical time frames.
That's an interesting postulation. Though if true, it's not necessarily a bad thing.
I'm total newbie in regard of trading / price discovering etc... but I always wondered: if someone is selling someone else has to buy, am I right?
Yes.
ok thanks
what I really meant is: since the amount of new mined coins per day is something between 3000 and 5000 (*), do you really think this little volume will be so influential in moving down the price?
(*) those days we're nearer to the upper bound due the growing global hashrate
51.
Post 7496366 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.54h):
what I really meant is: since the amount of new mined coins per day is something between 3000 and 5000 (*), do you really think this little volume will be so influential in moving down the price?
3000 coins is
not dumped on the exchanges daily. Large parts (most?) of the coinbase is hoarded or sold in private.
Also please note that even if we can have short periods of more inflation due to the stepwise increase of the difficulty factor, it will be corrected.
we're in violent agreement.
52.
Post 7497387 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.54h):
53.
Post 7596385 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.56h):
Of course everytime we go above 600, manipulators put up walls and the sheep panic sell. Fucking idiot traders.
Did ShroomsKit hack your account? (sorry can't resist
)
54.
Post 7720672 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.57h):
Sorry to break the party, but there is too much optimism/bulls in here..
Terrorist using BTC = Bad Image for Btc.
It will be a good excuse to impose stiff control by govts/banks on VC exchanges/services.
More bad news for Goxers:
www.coindesk.com/leak-documents-suggest-mt-gox-paid-200k-parent-company-may/In other alarming news, the documents, if genuine, reveal Mt. Gox’s remaining funds total only $7.6m – significantly less than the $38m in assets claimed in its bankruptcy application.can you link to this terrorist connection thing?
And more to the point what coin were terrorist using before the advent of btc? Bars of gold?
55.
Post 7783307 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.58h):
(for brevity I've cut a lot of wisdom and useful stories)
the first totally decentralized trustless crypto currency exchange platform will be released very soon so that will eliminate third party exchange scams and hacks.
since this is the holy grail of crypto currencies, care to share any links/sources?
56.
Post 7783379 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.58h):
3 in a row
57.
Post 7790030 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.58h):
Thanks guys ...
paper wallets next time, generated from an offline linux boot, cut it in half, half on you at all times half in a bank vault, everyone needs to do this, its important.
no need to cut your paper wallet, just use armory fragment backups (based on Shamir's Secret Sharing):
https://bitcointalk.org/index.php?topic=149820.0
58.
Post 7844493 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.58h):
wow.
I'm honoured to see ChartBuddy posting live in a non automated fashion.
EDIT: maybe he simply started to post a new set of automated posts, just to remind us how many days we have to wait before the July 24th
59.
Post 7859552 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.59h):
The link was posted on bloomberg two weeks ago...
60.
Post 7863900 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.59h):
61.
Post 7889427 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_12.59h):
They will run out of coins eventually... Soon I think, as the dumps are getting closer together
Yes, but then they just gox some new ones.
ROTFL
62.
Post 7971962 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.00h):
Can anyone make a case that the price will not be at least twice this level within 90 days after COIN lists?
So for you it's just a matter of "when".... I'm glad.
63.
Post 7974327 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.00h):
Can anyone make a case that the price will not be at least twice this level within 90 days after COIN lists?
So for you it's just a matter of "when".... I'm glad.
Objectively speaking, once an ETF is available as a public investment vehicle, anyone who does not at least have exposure as a small percentage of a tax-deferred retirement portfolio is completely out of their mind. That alone is a monstrous amont of capital, total US retirement assets are on the order of $20 trillion. Capturing just one tenth of one percent of that would be about $20 billion slamming right into the float.
I do agree with both of you, once the Wii will need to buy btcs on the market to back their ETF surely the influx of money will be significant. I'm just not as sure as you're that COINS will happen soon
if ever.
I think that the probability is pretty high but not equal to 1.
64.
Post 7981634 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.00h):
it will be very hard to invest a significant fortune in bitcoins without the government knowing it.
But it is amazingly easy to invest an insignificant fortune in bitcoin, and subsequently spend a significant one.
Suppose that I were to use a threat of torture to compel you to trade all of your gold for false analogies, invalidate all contracts payable in gold, and demand that you pay me false analogies on a recurring basis, when I had previously arranged for the establishment of a lender of false analogies who was the only source of false analogies you could tender without being tortured by me, and who lent out false analogies at a rate of interest set by my sock puppet. Suppose further that I issued an arbitrary number of false analogies to a few of my friends at zero interest - several orders of magnitude larger than would be required to purchase all real property in the entire land - and required that all sales of real property be conducted in false analogies, on penalty of torture. Then suppose that I took some of the false analogies that I had extorted from you, and hired an army of useful idiots to impress upon everyone that only false analogies were of any real value, and everyone should donate all of their labor to people who have more false analogies than they do, in hopes of getting a few here and there, and another army of sycophants to indoctrinate your children in the cult of false analogies. Then I hired an army of army to bomb anyone, anywhere in the world, along with up to a million of their countrymen at a go, who threatened to trade oil in gold instead of trading oil in false analogies. And every once in a while, I shipped a literal cargo jet loaded with literal palettes of 100 false analogy notes to some distant occupied land, administered by a friend of mine, who lost track of a few billion false analogies this way. Then I promised you could have healthcare if you made me Emperor, and when you did, I doubled the charges (made on threat of torture) payable in false analogies each month. Meanwhile I indexed your income in false analogies to the price in false analogies of irrelevant luxury goods, which consistently carried negative against the increasing price, in false analogies, of food, energy, fuel, housing, medicine, and education.
Would you finally consider yourself, then, a free and dignified human being, well-served by the servants of the public, who merit your confidence?
Best post of the year
65.
Post 7988903 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.00h):
wow JC and Mervyn. Can you just PM eachother? I'm not finding much benefit in this particular style of wall observation.
Amen
66.
Post 8007803 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.00h):
This post explains what happened to the BTC price today:
Horseshit. Your private BTC would end up with the rest of the development funds that must be used on that and that alone.
Says who? There's no law requiring this. The user agreement says they don't even have to deliver a product at all and can take the money and buy crack rocks with it if they want.
all the btc raised are still there it seems.
67.
Post 8120009 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.02h):
To buy, or not to buy: that is the question.
BUY! Don´t listen to the bear-trolls in here!
EPIC
68.
Post 8134414 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.02h):
thanks Justus. this is big. I'm eagerly waiting for the day the documents about alleged market manipulation will be published.
tl;dr
Jon Matonis Executive Director of The Bitcoin Foundation accused to manipulate the market through "The Exante Fund".
69.
Post 8135254 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.02h):
Holy fuck, i'm a Hero member. I can die peacefully now.
congrats Ivanhoe!
70.
Post 8180922 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.02h):
thanks Justus. this is big. I'm eagerly waiting for the day the documents about alleged market manipulation will be published.
tl;dr
Jon Matonis Executive Director of The Bitcoin Foundation accused to manipulate the market through "The Exante Fund".FYI the author have deleted the article from medium.com platform, strange.
Justus do you have any more info?
71.
Post 8181672 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.02h):
thanks Justus. this is big. I'm eagerly waiting for the day the documents about alleged market manipulation will be published.
tl;dr
Jon Matonis Executive Director of The Bitcoin Foundation accused to manipulate the market through "The Exante Fund".FYI the author have deleted the article from medium.com platform, strange.
Justus do you have any more info?
No, I found the link on Reddit and posted it here because it looked interesting.
I don't know what to think about the accusations.
me neither.
I've found this:
http://www.reddit.com/r/Bitcoin/comments/2cg1eb/mysterious_disappearance_of_tom_butterfield/it seems that he has deleted also his twitter and reddit accounts.
72.
Post 8181677 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.02h):
thanks Justus. this is big. I'm eagerly waiting for the day the documents about alleged market manipulation will be published.
tl;dr
Jon Matonis Executive Director of The Bitcoin Foundation accused to manipulate the market through "The Exante Fund".FYI the author have deleted the article from medium.com platform, strange.
Justus do you have any more info?
No, I found the link on Reddit and posted it here because it looked interesting.
I don't know what to think about the accusations.
It is taken down now - does anyone have a copy?
nope :/
73.
Post 8181946 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.02h):
74.
Post 8182234 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.02h):
Confirmed!!!
I only accept this from proudhon himself
75.
Post 8196319 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.02h):
Hoarders who stall economic growth are punished for a reason.
At last bitcoin learned me that lesson.
really? how?
76.
Post 8204631 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.03h):
Purchased a Trezor today... paying for something was never so easy.
Trezor is safe? And how many days it took to deliver?
It's a slush's project I'd say you can trust him. A part from that it seems the team behind put a lot of efforts/energy to get it right, they even have contributed to the BIP 38
I was thinking of purschashing a new laptop, download bitcoin-qt on it(is a password like 45LaZywindow55 a safe password?), put a couple backups on USBs and put it offline till I need the money again. Not sure how safe this is though?
77.
Post 8231323 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.03h):
If you had described the situation to Orwell, he wouldn't have believed it.
You're right, on the other hand Huxley had foreseen precisely this exact scenario.
78.
Post 8231593 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.03h):
If you had described the situation to Orwell, he wouldn't have believed it.
You're right, on the other hand Huxley had foreseen precisely this exact scenario.
lol'ed at first...
79.
Post 8231804 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.03h):
(note: i haven't read upthread, hoping this refers to Orwell & Huxley's visions of the future in 84 & BNW.)
yep
80.
Post 8232031 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.03h):
No, Huxley wouldn't have believed it either...and 30 years ago no-one would. But then someone realised: you don't impose the totalitarian nightmare, you market it to people.
Brave New World Revisited (Harper & Brothers, US, 1958; Chatto & Windus, UK, 1959),[33] written by Huxley almost thirty years after Brave New World, was a non-fiction work in which Huxley considered whether the world had moved toward or away from his vision of the future from the 1930s. He believed when he wrote the original novel that it was a reasonable guess as to where the world might go in the future. In Brave New World Revisited, he concluded that the world was becoming like Brave New World much faster than he originally thought.
Huxley analysed the causes of this, such as overpopulation as well as all the means by which populations can be controlled. He was particularly interested in the effects of drugs and subliminal suggestion. Brave New World Revisited is different in tone because of Huxley's evolving thought, as well as his conversion to Hindu Vedanta in the interim between the two books.
The last chapter of the book aims to propose action which could be taken to prevent a democracy from turning into the totalitarian world described in Brave New World. In Huxley's last novel, Island, he again expounds similar ideas to describe a utopian nation, which is generally known as a counterpart to his most famous work.
81.
Post 8232370 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.03h):
Could it be that someone from the 2011 era is selling the old coins?
I suppose you could check if there are any strange spikes in this graph:
https://blockchain.info/charts/bitcoin-days-destroyedin the last few weeks.
82.
Post 8300563 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.03h):
83.
Post 8300598 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.03h):
I knew that as soon as I had become a "Hero member" something else would have become more cool
84.
Post 8301246 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.03h):
wow this is a beast :-)
Haven't actually bought it - just made the wishlist.
So far the necessity to pull coins out of cold storage to complete the purchase is
just enough of a barrier to help me keep hodling.
Yeah, imho this is a positive side effect of having almost all your btc on cold storage.
Especially now that you can buy travels, hardware and almost whatever you want using btc (through gyft).
85.
Post 8558356 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.08h):
As a bitcoin fan, you obviously want to stick as many applications as possible into the Satoshi2009 blockchain, in order to get more support for it. But there are other blockchains in existence, and the bitcoin network's hashing power could be harnessed for other protocols and applications if offered suitable rewards.
nice, attaching the year to the blockchain to imply its old. Quite the troll shot.
What is wrong with his post ? why do you think he is trolling ?
Yes the block chain is more than 5 years old, and this mean that you missed the point of his post, any attempt to change/add anything to the Bitcoin protocol at this point or in the future will be hard and will get harder when the adoption rate continue to increase, even a simple task to fix a bug or to release a newer version will get harder, but there are working alternatives (chains) that attempts to solve and add new features that we think will be crucial in the future... so the question is: is it worth it ?
Sure you're right, the older the blockchain the harder to enanche the bitcoin protocol. In that regard there are a few projects aimed at "fixing" this problem. One that I'm aware of is Back's and Hill's side chains, still vapoware at the moment but I'm quite confident due to Back 's involvement (he invented hashcash PoW system). Another interesting project is Todd's tree chains, even if it is more focused to fix scalability issue.
86.
Post 8558687 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.08h):
Times are a changing.
This morning my wife asked me - what are altcoins? Then went on to say how they seem to be the new rage - saying how LTC and NMC could be a new growth opportunity. She went on to add that mining is not profitable anymore. (I had to hold my self back as just yesterday I had figured AM Gen 3 basics look viable.)
We don't talk much Bitcoin at home as you can tell.
She makes a great public barometer that way. Anyway she closed off saying this is mainstream now. As the articles that pop up in here 0% economic focus news feeds assume the reader knows a lot about Bitcoin.
So I'm going to call this the bottom for now.
Hopefully next time your wife will ask you about bitcoin earlier
Edit: grammar
87.
Post 8778810 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.12h):
I'm quite amazed where these huge sellers get their coins from.
Remember those 850.000 bitcoins "lost" on the MtGox? Somebody has the private keys of those BTC. Ask yourself what would you do if that was you. Would you hold all of them, or would you convert some to the fiat?
my guess is that if one was smart enough to steal this amount of coins he/she is also smart enough to sell them off exchange.
if it was me, selling them via a verified exchange account would be the last thing i would do.
And I don't even mv the btc, I'll just give away the private key.
88.
Post 8786540 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.12h):
I'm quite amazed where these huge sellers get their coins from.
Remember those 850.000 bitcoins "lost" on the MtGox? Somebody has the private keys of those BTC. Ask yourself what would you do if that was you. Would you hold all of them, or would you convert some to the fiat?
my guess is that if one was smart enough to steal this amount of coins he/she is also smart enough to sell them off exchange.
if it was me, selling them via a verified exchange account would be the last thing i would do.
And I don't even mv the btc, I'll just give away the private key.
Then the buyer will move them, unless they trust you 100% (unless the buyer is you that is).
Sure you're right. I just wanted to shift the risk of making some mistakes during the transaction to the buyer entirely (I'm risk really averse). my purpose wasn't about covering the track left by tx by not performing it in the first place.
Now that I think about it to really cover one's trail maybe using a stealth address is the way to go (I'm not sure, thoughI'm a bit rusty on that matter).
89.
Post 8786573 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.12h):
I'm quite amazed where these huge sellers get their coins from.
Remember those 850.000 bitcoins "lost" on the MtGox? Somebody has the private keys of those BTC. Ask yourself what would you do if that was you. Would you hold all of them, or would you convert some to the fiat?
my guess is that if one was smart enough to steal this amount of coins he/she is also smart enough to sell them off exchange.
if it was me, selling them via a verified exchange account would be the last thing i would do.
And I don't even mv the btc,
I'll just give away the private key.Yes, and ideally to as many persons as possible :-).
Yep a lot of trust involved here :-)
90.
Post 8788846 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.12h):
Just ignore Professor Chinavolume, he's not interested in real conversations, ....
LOLed a lot, this made me spit my coffee all over the keyboard
91.
Post 8789104 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.12h):
how many coins can the dumper own?
... at least 6k less now
who knows.. maybe he sold to himself
92.
Post 8946481 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.15h):
you were late. already posted at least a dozen of times
93.
Post 9191161 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.23h):
The next 24 hours are critical; true or false?
For XRP?
94.
Post 9398349 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.28h):
EDIT: This should have been posted in the gold collapsing thread...
you mean the "sidechain" thread
ROTFL
95.
Post 9855277 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.39h):
why people already talking about buying?
plenty of time to buy till lower 200/
Think you might be getting a bit greedy there, champ?
Greed is good.
I'm very happy that there are more people offering liquidity at lower prices when we get there.
I will defend the bottom @220 as well. Whee, cheap coins. Much profit.
sorry if already answered, but do you care to share why you think @220 will be the "real" bottom? (serious question)
96.
Post 9855468 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_13.39h):
Greed is good.
I'm very happy that there are more people offering liquidity at lower prices when we get there.
I will defend the bottom @220 as well. Whee, cheap coins. Much profit.
sorry if already answered, but do you care to share why you think @220 will be the "real" bottom? (serious question)
Lots of technical stuff combined together (seriously) and then a ritual with a crystal ball (less serious).
Nobody knows for sure 100%.
I will go all in at 220 while my girlfriend is unemployed and we struggle to pay the bills.
I see it as a very good opportunity to solve some financial problems.
edit: or to go bankrupt
;D;D haha. But who gives a fuck, it's only money
I have a nice job and good health, so I don't have a problem with taking the risk.
thanks for your answer.
p.s. I wish you all the best with your investment strategy
97.
Post 13290554 (copy this link) (by sickpig) (scraped on 2020-04-04_Sat_14.38h):
bitcoin just got 20% more powerful
... in less the fourteen days.
