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261  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2020, 10:30:32 AM
This is a food distribution center (bread line) in Las Vegas.



I have to note that every single car there is much nicer and newer than anything I own.

Hm.

A possible interpretation is that people who have otherwise led comfortable middle class lives their entire life are suddenly on the bread line through no fault of their own.

Or maybe they did overspend in the car (and presumably other things too) if they don't have enough savings for at least a few months.


In the USA, outside of the BIG cities, almost everyone owns a car, even poor people.  

Typically, a beaten up truck, NOT a LEXUS, and it is in the middle of the sin city, but i get your point...someone could be just one paycheck away from losing that vehicle to a repo-man.

If you need to buy a car with credit that's not the car you should be buying. You can buy perfectly nice and working used cars of any type just for a few thousands in cash. Even some mid-high end ones for a couple tens.

Almost the only thing reasonable to buy on credit is real estate... and that after careful planning and consideration.

And, as I said, someone that does that probably also overspend in many other things.

I don't think necessarily buying a car on credit is a bad thing. Every car I've bought apart from my first (which was just a regular shitter) has been on credit. It's having everything you "own" on credit when it all goes to tell. If I can't make a $100 payment for a car every week then there's something wrong. The problem is people think that for multiple items and all of a sudden they're paying $100 a week for 6 things and it just spirals from there

See? There's the problem. $100 a week are $400 a month. You can perfectly feed yourself and even cover some (if not all) of the basic survival needs with that amount. Yet people do decide to go ahead with that and then they need someone else to feed them? No, that is indeed BAD.

You (should) only use credit to SAVE (ie: to own a property instead of renting for the same monthly amount or even lower) not to SPEND more. Doing otherwise is nuts and usually the reason why people with a more than healthy income are constantly in the verge of bankruptcy.

262  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 09, 2020, 10:09:15 AM
This is a food distribution center (bread line) in Las Vegas.



I have to note that every single car there is much nicer and newer than anything I own.

Hm.

A possible interpretation is that people who have otherwise led comfortable middle class lives their entire life are suddenly on the bread line through no fault of their own.

Or maybe they did overspend in the car (and presumably other things too) if they don't have enough savings for at least a few months.


In the USA, outside of the BIG cities, almost everyone owns a car, even poor people.  

Typically, a beaten up truck, NOT a LEXUS, and it is in the middle of the sin city, but i get your point...someone could be just one paycheck away from losing that vehicle to a repo-man.

If you need to buy a car with credit that's not the car you should be buying. You can buy perfectly nice and working used cars of any type just for a few thousands in cash. Even some mid-high end ones for a couple tens.

Almost the only thing reasonable to buy on credit is real estate... and that after careful planning and consideration.

And, as I said, someone that does that probably also overspend in many other things.
263  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 08, 2020, 09:43:18 PM
This is a food distribution center (bread line) in Las Vegas.



I have to note that every single car there is much nicer and newer than anything I own.

Hm.

A possible interpretation is that people who have otherwise led comfortable middle class lives their entire life are suddenly on the bread line through no fault of their own.

Or maybe they did overspend in the car (and presumably other things too) if they don't have enough savings for at least a few months.
264  Economy / Collectibles / Re: [FREE RAFFLE] RxAlts Halving Series Continues: 2019 Bitcoin Penny Short Roll on: May 07, 2020, 10:58:42 PM
97 - bitserve

Thanks rxalts!
265  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 07, 2020, 05:40:08 PM
This is certainly fine.
266  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 04, 2020, 01:37:17 PM
The new rage was these arrays of dispensers for rice/oats/beans where you bring your own bag and pour out what you want.
I guess that's out of the window now. Maybe idk
anyway so many industries going up or down in the next few months

tree huggers must be going ballistic here. after fighting seemingly forever to ban single use plastic bags in favor of those reusable recycled ones (you know the reusable ones people put on their filth infested floors/counters and such at home, then bring back to plunk on a supermarket checkout) they have now banned those disgusting germ ridden bags and brought clean, sanitary single use plastc bags back. by law.

they should of thought about how filthy most people are before all that reuseable bag shit was law but treehuggers and such arent really known for thinking things through.

See? I knew lots of good things would also come out of this coronathingy.

I really was enraged by that bags rule. I had always recycled regular bags as trash bags which, to me, is enough recycling.

Good to see we are coming back to common sense. I just hope it lasts.
267  Economy / Collectibles / Re: [FREE RAFFLE] RxAlts Halving Series: Bitwedge Ticker by VOLTAGEGOAT (CQ and M1) on: May 03, 2020, 01:11:51 AM
3 - bitserve

Thanks!!
268  Economy / Collectibles / Re: [Raffle] Siliver Tigers, Koalas, and Kooks - All Spots Paid by Last of the V8s! on: May 02, 2020, 02:09:29 PM
Any random spot if there's one available! Thanks V8!!
269  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 02, 2020, 03:40:42 AM

Yeah, until he starts twitting Bitcoin is too expensive.

Bitcoin need no heroes.

P.S.: https://news.sky.com/story/tesla-shares-tumble-13bn-after-elon-musk-tweets-theyre-too-expensive-11982012
270  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 30, 2020, 09:14:58 PM
I don't know if people r serious or not. I better go watch something on netflix. I hope we are $9K+ when I come back.
271  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 30, 2020, 08:32:51 PM
he should be paying us for our posts

Yeah... Show me the fucking money!
272  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 30, 2020, 08:22:23 PM
Get a grip before we furlough your ass. Mods are 2 a penny nowadays.

Maybe he will be making more if we furlough him than what he is currently making. That is happening in Spain with many jobs. They don't want the lockdown to end. Ever.

That way it will be Theymos paying for his salary instead of us. Win-Win.
273  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 29, 2020, 11:49:53 PM
- I didn't say I am buying shitcoins.
- other than LTC and XMR
XRP ? You are dead to me.
XMR is Monero. That one has a reasonable pass IMHO.
Anyway, going from convinced Bitcoiner to nocoiner and then to shitcoiner is some dubious behaviour to say the least.

I no reed so gud sumtimez. XMR is indeed not XRP. Dude should have at least re-bought 1 BTC ASAP, but whatevs.

Or even better if he would just had not sold at least that 1 remaining BTC in first place.... but yeah, whatevs. *shrug*
274  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 29, 2020, 10:56:40 PM
- I didn't say I am buying shitcoins.
- other than LTC and XMR

XRP ? You are dead to me.

XMR is Monero. That one has a reasonable pass IMHO.

Anyway, going from convinced Bitcoiner to nocoiner and then to shitcoiner is some dubious behaviour to say the least.
275  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 22, 2020, 06:45:31 PM

Yeah all you need do is lock it all up nice and safe in a hardware wallet and wait 10-15 years



WARNING: DO NOT TRY THIS AT HOME


A friend of mine consolidated all his UTXO's in one and DELIBERATELY destroyed two words in his seeds.
So he's locked out from his funds, until a decent computing power comes at his hands (some time in the future required).
AND in any case cannot spend the coins overnight.


EDIT: Added disclaimer due to JJG concern.



Only two words? Considering one is checksum, that's only 2048 tries IIRC.

Why did he do that though?

Wow!!!!!(I am not kidding)  Shocked

There might be a method to the madness.  Only 2048 times, that is way fewer than I would have thought .

BIP39 uses a list of 2048 different words. If you have only two words missing, you can try each of those 2048 words and the other one can be automatically calculated so that the whole seed checksums correctly. At least in theory and assuming you know the position of the missing words.

Mhh,
still checking but i hardly doubt this is the correct answer.
Haring a whole word as a checksum would be so wasteful.
I guess the checksum and the entroypy are "mixed" before getting the words.

The mnemonic must encode entropy in a multiple of 32 bits. With more entropy security is improved but the sentence length increases. We refer to the initial entropy length as ENT. The allowed size of ENT is 128-256 bits.

First, an initial entropy of ENT bits is generated. A checksum is generated by taking the first

Quote
ENT / 32
bits of its SHA256 hash. This checksum is appended to the end of the initial entropy. Next, these concatenated bits are split into groups of 11 bits, each encoding a number from 0-2047, serving as an index into a wordlist. Finally, we convert these numbers into words and use the joined words as a mnemonic sentence.
https://github.com/bitcoin/bips/blob/master/bip-0039.mediawiki#Generating_the_mnemonic

So I guess the result is rather 2048*2048.
Still doable, btw.



Yup, perfectly doable in any case.

But I think that it is not either 2048*2048. If the checksum is lower than 12 bits (can't be arsed to check that) then that would mean more than one word out of the 2048 available ones is valid, but not all of them, and you can just get rid of all the ones that doesn't compute a correct checksum.

It doesn't matter if the checksum is calculated before outputting the word. In the reverse process, if you only have one word left, only ones that compute a valid global checksum are candidates.
276  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 22, 2020, 06:13:56 PM
IMO it's pretty safe to buy directly from a manufacturer on Amazon too.

Hell, there's a large market for used hardware wallets. Just wipe it, make sure it wasn't physically tampered with, and you're G2G.

Bad advice sorry. There's no safe way to make sure a device hasn't been tampered with.

Always buy directly from the manufacturer in this case.
277  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 22, 2020, 05:45:32 PM

Yeah all you need do is lock it all up nice and safe in a hardware wallet and wait 10-15 years



WARNING: DO NOT TRY THIS AT HOME


A friend of mine consolidated all his UTXO's in one and DELIBERATELY destroyed two words in his seeds.
So he's locked out from his funds, until a decent computing power comes at his hands (some time in the future required).
AND in any case cannot spend the coins overnight.


EDIT: Added disclaimer due to JJG concern.



Only two words? Considering one is checksum, that's only 2048 tries IIRC.

Why did he do that though?

Wow!!!!!(I am not kidding)  Shocked

There might be a method to the madness.  Only 2048 times, that is way fewer than I would have thought .

BIP39 uses a list of 2048 different words. If you have only two words missing, you can try each of those 2048 words and the other one can be automatically calculated so that the whole seed checksums correctly. At least in theory and assuming you know the position of the missing words.
278  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 22, 2020, 05:26:56 PM

Yeah all you need do is lock it all up nice and safe in a hardware wallet and wait 10-15 years



WARNING: DO NOT TRY THIS AT HOME


A friend of mine consolidated all his UTXO's in one and DELIBERATELY destroyed two words in his seeds.
So he's locked out from his funds, until a decent computing power comes at his hands (some time in the future required).
AND in any case cannot spend the coins overnight.


EDIT: Added disclaimer due to JJG concern.



Only two words? Considering one is checksum, that's only 2048 tries IIRC.

Why did he do that though?
279  Economy / Collectibles / Re: Collectible Cards of Bitcointalk Users. on: April 22, 2020, 01:49:51 AM
Am I the only one who doesn't understand why Basorexia didn't opt to redo (if needed) the cards and ship 'em instead of refunding everyone? I mean, shouldn't that be cheaper for him?

If this really were a scam... it would be one of the weirdest and most illogical ones, ever.
280  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 22, 2020, 01:04:54 AM
I still don't understand what's the point of giving HCQ to patients that have already developed symptoms pneumonia (probably after a cytokine storm). *IF* HCQ would be beneficial it would be at the early stage of infection. What are they trying to prove with that study? Do they think HCQ could be a magical pill that would undo all the harm already done?

What's next, a study giving HCQ to people already in the morgue?
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