Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[xhomerx10]

McDavid in OT!  What a nail-biter!  Best hockey I've seen in a while.  Good game USA.

Canadians after winning the big hockey match

 Ha ha!  Good one. 
  ...and so true.  Though I still feel bad some Canadians felt that booing the American National anthem was the right thing to do at the previous match-up and I am sorry for that too. 
I noticed there were people booing our Anthem last night and I expected some reciprocal hatred from some of the Americans but I like to think that some of the boos came from Canadians upset with Chantel Kreviazuk who altered the lyrics to align with her own politically motivated beliefs, thereby detracting from the significance of the anthem itself.  Not only did she change the lyrics but she messed up the timing of the song and was also off key.  Lady, the lyrics already speak for themselves or hadn't you noticed?  Roger Doucet is rolling in his grave right about now.

 Ah, the good old days when anthems were not anathema.

 https://www.youtube.com/watch?v=qhZHELZUuo0


 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[fillippone]

Observing 97,395@Stamp

When everything is finally going on the right way, the news about a shitcoin casino make the round:

SOURCES CONFIRM BYBIT FACING SECURITY INCIDENT: ZACHXBT

1 billion already left the exchange.

https://x.com/arkham/status/1892961406841983221?s=46&t=ybCp3ydjDJA_wR_uVxrEgA

Funds are not safu.
https://x.com/benbybit/status/1892963530422505586?s=46&t=ybCp3ydjDJA_wR_uVxrEgA

[Paashaas]

Sell sell sell sell

Panic Sell!!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JimboToronto]

 

[WatChe]

Hahahahahaha

A win-win for you, ONLY if you end up winning, and if I were to lose the bet, then the amount that I would be paying you has four zeros after the decimal (not 3 zeros).. which is: 0.00003 BTC (3,000 satoshis).  Otherwise, if you lose the bet, then you have to pay me 0.0003 BTC (30k satoshis) (which has 3 zeros and not 4, and I have to receive that amount, so you are responsible for fees, if you end up losing and end up having to  send to me).

Sure directionally, your satoshis cost less if you lose the bet as compared to if you win the bet, then satoshis that I pay you are worth more if I lose the bet, but they still are only 1/10th the amount of satoshis that you would end up paying if you were to lose the bet.  I suppose one of the calculations of placing bets in satoshis as compared with placing bets in dollars when each of us realize that it continues to be likely that with the passage of time the value of satoshis are going to continue to go up in dollar terms.

In any event, I am expecting that the odds for you to win the bet are greater than for me to win the bet, such as perhaps you have 60% or 70% odds of winning the bet, yet I entered into the bet with you, since I really doubt that your odds of winning the bet are anything close to 90%, which makes the bet economical for me to enter it, even if my odds of winning the bet may well be only 30% to 40%.  

And yeah, maybe I should have forced you into giving me greater odds, but that is O.k.  I am feeling charitable to some extent to merely get you to agree to the bet terms, and the other portion,  if the BTC price were to go up to $333,333, then at that point my paying you 0.00003 BTC (3,000 satoshis) would amount to a dollar value of right around $10.  I should be able to afford, it, even though sure  in  dollar terms if you lose the bet then your 0.0003 BTC (30k satoshis) would ONLY be worth $27, so in dollar terms we might imagine scenarios in which the odds are ONLY 10/27.... so a little less than 1/3...

What you says means that you think you are in win-win situation while I am assuming same for myself. Let's see who wins this claim. To me it's more about appreciation to your claim rather then money in this case. Failure is not but aiming low is a crime.  

Maybe if you consider your bet to be such a great deal and such a potential money maker, you might want to seek some other guys who might want to enter such bet on similar terms or we could increase the amounts, since it is still relatively early in the term of the bet.

I never bet/gamble because of different reasons. This is first time I am betting with someone and it's mainly because you challenged and I have no other option but to respond.    


JJG lets make a formal post as suggested by hisslyness(third adjudicator) and also we have verificationfrom vapourminer. Just create a post here that we can refer to in case anyone wins.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[WatChe]

looks like that bet between JJG and WatChe may paying out soon..

It's far from over my friend because Bitcoin has gone up once again and close to 100k$. Bitcoin must have some good plans for year 2025 which will be revealed as time passes.   

[Biodom]

Observing 97,395@Stamp

When everything is finally going on the right way, the news about a shitcoin casino make the round:

SOURCES CONFIRM BYBIT FACING SECURITY INCIDENT: ZACHXBT

<snip>Funds are not safu.
https://x.com/benbybit/status/1892963530422505586?s=46&t=ybCp3ydjDJA_wR_uVxrEgA

musked? is this a new verb?...reads like complete gibberish to me.

[fillippone]

Observing 97,395@Stamp

When everything is finally going on the right way, the news about a shitcoin casino make the round:

SOURCES CONFIRM BYBIT FACING SECURITY INCIDENT: ZACHXBT

<snip>Funds are not safu.
https://x.com/benbybit/status/1892963530422505586?s=46&t=ybCp3ydjDJA_wR_uVxrEgA

musked? is this a new verb?...reads like complete gibberish to me.

They tweaked the smart contract UI to display in the UI a different address (an approved one) while instead the funds were sent to another address.

I am discussing it here:

ByBit hacked for 1.4Bln. Funds are Safu?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[bitebits]

Observing 97,395@Stamp

When everything is finally going on the right way, the news about a shitcoin casino make the round:

SOURCES CONFIRM BYBIT FACING SECURITY INCIDENT: ZACHXBT

<snip>Funds are not safu.
https://x.com/benbybit/status/1892963530422505586?s=46&t=ybCp3ydjDJA_wR_uVxrEgA

musked? is this a new verb?...reads like complete gibberish to me.

They tweaked the smart contract UI to display in the UI a different address (an approved one) while instead the funds were sent to another address.

I am discussing it here:

ByBit hacked for 1.4Bln. Funds are Safu?

Isn't that what hardware wallets are for? And this would imply they are using some centralized service for their multisig setup since it affected all cosigners. I am sure this is an advanced attack but I have a hard time believing this was a real multisig setup.

Edit: and just to be clear we are talking about ETH here.

[fillippone]

Observing 97,395@Stamp

When everything is finally going on the right way, the news about a shitcoin casino make the round:

SOURCES CONFIRM BYBIT FACING SECURITY INCIDENT: ZACHXBT

<snip>Funds are not safu.
https://x.com/benbybit/status/1892963530422505586?s=46&t=ybCp3ydjDJA_wR_uVxrEgA

musked? is this a new verb?...reads like complete gibberish to me.

They tweaked the smart contract UI to display in the UI a different address (an approved one) while instead the funds were sent to another address.

I am discussing it here:

ByBit hacked for 1.4Bln. Funds are Safu?

Isn't that what hardware wallets are for? And this would imply they are using some centralized service for their multisig setup since it affected all cosigners. I am sure this is an advanced attack but I have a hard time believing this was a real multisig setup.

Edit: and just to be clear we are talking about ETH here.

Multisig doesn’t even exist for the shitcoin named Ethereum.
Multisig is where multiple signature are necessary to move some funds. Bitcoin does allow it.
The shitcoin ETH doesn’t allow it. So the single signature is split in multiple segment, and all those segment must be recombined in a single key to sign a transaction. This goes with very exotic names like MPC or SSS, but in the end is a single signature.

And no, probably they weren’t using an hardware wallet, but a proprietary solution based both on physical and on-chain techniques.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[hisslyness]

Observing 97,395@Stamp

When everything is finally going on the right way, the news about a shitcoin casino make the round:

SOURCES CONFIRM BYBIT FACING SECURITY INCIDENT: ZACHXBT

<snip>Funds are not safu.
https://x.com/benbybit/status/1892963530422505586?s=46&t=ybCp3ydjDJA_wR_uVxrEgA

musked? is this a new verb?...reads like complete gibberish to me.

They tweaked the smart contract UI to display in the UI a different address (an approved one) while instead the funds were sent to another address.

I am discussing it here:

ByBit hacked for 1.4Bln. Funds are Safu?

Isn't that what hardware wallets are for? And this would imply they are using some centralized service for their multisig setup since it affected all cosigners. I am sure this is an advanced attack but I have a hard time believing this was a real multisig setup.

Edit: and just to be clear we are talking about ETH here.

Multisig doesn’t even exist for the shitcoin named Ethereum.
Multisig is where multiple signature are necessary to move some funds. Bitcoin does allow it.
The shitcoin ETH doesn’t allow it. So the single signature is split in multiple segment, and all those segment must be recombined in a single key to sign a transaction. This goes with very exotic names like MPC or SSS, but in the end is a single signature.

And no, probably they weren’t using an hardware wallet, but a proprietary solution based both on physical and on-chain techniques.

a good old fashion rug pull....

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[coolcoinz]

And no, probably they weren’t using an hardware wallet, but a proprietary solution based both on physical and on-chain techniques.

There's a video where the CEO tells about the thing and says he used Ledger hardware wallet. It wasn't the problem of the wallet just the good old human error. He said he did not verify the destinations of the transaction and thought everything checked out. Apparently it came from the verified source through their website, so people suspect an inside job. Someone had to modify the target so that it looked like their wallet and they did not check.

Another reason not to own shitcoins.
Another reason not to hold coins on exchanges.

[OgNasty]

The Bybit situation is a nightmare but I think for most of us it will only result in a temporary dip. I haven’t verified yet because I’m busy, but I’m seeing people saying MSTR is selling off while calls are skyrocketing. Seems like someone is using this dip as an opportunity to set themselves up for the most possible profit on a moonshot with options. Is THIS the last dip? I seem to be thinking that every week now.