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The closer we get,
To next year's Halving event,
The higher price pumps.
But we all knew that.
That's not some Crystal Ball shit.
That's math and science.
An ominous pump.
A taste of what is to come,
Sooner than we think.
What will trigger it?
BlackRock's spot ETF launch?
Frankly, I don't care.
Betting is for fools.
The players don't stand a chance.
The house always wins.
Humans fighting bots.
Mistaking humans for bots.
While themselves are bots!
Chopper flying high.
ChartBuddy keeping the faith.
Ledger users cringe.
#7wodigestsundayhaikus
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Don't forget the "How do I get my Bitcoin back if I lost my phone and didn't back up the wallet like you told me to?" Better yet, "Do you know Bitcoin's customer service number? I need them to do a key reset for me, lost the old one..." |
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Do secure your coins,
But don't forget to KISS them,
Or you may lose them!
Passphrase in my head.
Jay's going to hypnotize me.
Should I be worried?
XOR it with zeros,
It won't change. XOR it with ones,
The damned thing gets flipped!
Sam-Bankman got fried,
By his Greta-clone girlfriend.
Bernie Madoff LOLed!
Searched for the logo.
Missed banana trees and Spain,
And the damned heaters.
Bad actors and trolls,
Are welcome in this here thread.
Chew, spit, rinse, repeat!
As I type this shit,
I see green dildos rise high,
Onwards and upwards!
#7wodigestsundayhaikus
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.... It's all entertainment, ....
Absolutely bro. Its why I love this here famous thread. And I got no one on ignore. Scroll wheel etc. Amen to that! Sorry for the religious word there... LOL!Let the trolls post. Feed them as you wish. No rules. Empty Ignore list. Well-lubricated scroll-wheel. WO at its finest! Let the trolls post. LOL. Is that like the old saying ‘let them eat cake?’ Everybody enjoys seeing this thread grow but the trolls should at least include some speculative comment about the price of BTC to keep this thread from falling into total chaos. [...] I see your point, but I think that, over the years, WO has achieved a kind of self-regulating mechanism for trolls. Something like Bitcoin's difficulty adjustment. It automatically allows just enough trollery to entertain and amuse its residents, but not too much to disturb the thread. You'll notice that trolls come and go in waves, they never become too regular. It doesn't bother me. It's manageable. It's beautiful. Having some kind of watchdog on alert 24/7, removing OT/troll posts at will, would spoil the innately anarchic (yet extremely orderly) nature of WO, turning it into a WOcash kind of thread. |
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.... It's all entertainment, ....
Absolutely bro. Its why I love this here famous thread. And I got no one on ignore. Scroll wheel etc. Amen to that! Sorry for the religious word there... LOL!Let the trolls post. Feed them as you wish. No rules. Empty Ignore list. Well-lubricated scroll-wheel. WO at its finest! |
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Nice! I think you nailed it. I have no clue how you guys do it. It fairly easy when you know what to do… 1. Time of posting and work out if it is day or night. This will work out if The Dude is in the northern or southern hemisphere. - Here we can see he is in the northern 2. Reference the Timezone and Photo and work out which time part of the northern hemisphere - We can assume he is in Spain 3. Confirm he is in Spain using seasons and what people would be wearing… I can see over head heaters and gas heaters. - People wearing longs pants and jackets. Confirmed it is autumn attire. 4. Look at foliage and confirm best growing conditions. - Lady finger bananas, latitudes 27° and 44° N 5. Pin point the location by finding identity logos and other unique marks - Logo on the wine glass points to Cipriani. Elegant blue and white nautical aesthetic, high gloss wood interior points to their Marbella location. Easy 5 step process!!! Spoken like a true WOer! I take my hat off to you, sir. Awesome! Impressive Wil merit that post when it’s back available  It's being taken care of...  Very beautiful place BTW... Will have to visit Spain soon. Never been there. |
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[...]  [...] Please, have mercy on our eyes! Indeed! Bear! |
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[...] [...] Please, have mercy on our eyes! |
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I find myself compelled, yet again, to impart the wisdom that eludes the masses.
[...]
tl;dr: mindrust vs. WO OGs. <--- I bet no AI can come up with this. Yet. |
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[...] Moreover if Password (P) is a stream of 1's then N will be a stream of 0's. [...] 13 = 1101
^
1 = 1111
=========
0 = 0000 The above is incorrect, or I'm missing something. XORing a number with a stream of 1's would result in that number inverted, i.e.: 13 = 1101
^
15 = 1111
=========
2 = 0010 |
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Bitcoin greatly rewards order, and severely punishes chaos. To anyone who has lost coins: you're doing it wrong, but thank you for your donation!Some ways of holding coins are easier than other ways, and personally, I consider that it is not easy to attempt to stay somewhat vigilant in the ways that we are holding our keys and the various ways to try to back them up without necessarily leaving them vulnerable to others while at the mean time sufficiently preserving them so we do not lose them to our own complications and/or oversights. Didn't you yourself, AlcoHoDL, either lose some bitcoin or maybe even come close to overly complicating some of your wallets? Or, am I getting you mixed up with another member? The more I think about it, I am pretty sure you told some stories of how some ways of storing keys might become too complicated, especially with the passage of time and thinking that we had sufficiently documented in order to trigger our memories, and then viola.. we are struggling to remember and/or figure it out.. so if we are sometimes struggling with our own systems, then how are we going to be passing those coins down with someone else being able to read our notes and/or fill in the gaps, even if the coins might be hiding in plain sight. So far there is no easy solution, and it seems that it could be a while before easy systems come.. because some of us might currently be able to program our clock on our VCR (or microwave), but others struggle, and even us in time 1 know how to do it, but in time 2, we may have had forgotten how to do it, and did we keep too much information in our heads presuming that we were going to remember when the time comes.. but the time ends up being 15 years later rather than 5 years later.. where did all that time go? snip No security breaches, passphrase has now been practically etched in my memory cells. Anything more complex than that, and I run the risk of forgetting about it and locking myself out of my coins. No, thanks. The above is the reason I support the idea of the banking institutions of the future providing custodian services for BTC holders. You just can't expect everyone to know about seeds, passphrase entropies and the like, and be able to apply them correctly. So, those of us who can handle it, can do it, as most of us do, but with extreme caution, and running the risk of losing our coins. The rest of us who are lacking the skill or don't want to take the risk, should have the option to pay someone else to do it for them, just as we all do with fiat using the banking system. NYKNYC is the price you pay in the latter case. regarding "practically etched"-I had a situation exactly like that...used some passphrase for years...then did not use it for a year...then one day had to use it again and was drawing complete blanks..as if the neuron that had it literally died (which, of course could happen)...later was able to recover it only by chance. Yes, this is a possibility, and I'm not going to lie, this is something I fear. In fact, just thinking about it gives me the chills. But somehow I've grown to trust my brain and I hope my memory occupies enough neurons to have some redundancy, in case some of them die. Something that can help keep those neurons in good shape is regularly refreshing them, i.e., using the passphrase every few months. That's what I do, and so far I've had absolutely zero difficulty in recalling it, and it's a very strong one. Maybe that one year you left your neurons asleep, was enough to weaken them. But you recalled it eventually, so maybe they did not die after all. |
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Bitcoin greatly rewards order, and severely punishes chaos. To anyone who has lost coins: you're doing it wrong, but thank you for your donation!Some ways of holding coins are easier than other ways, and personally, I consider that it is not easy to attempt to stay somewhat vigilant in the ways that we are holding our keys and the various ways to try to back them up without necessarily leaving them vulnerable to others while at the mean time sufficiently preserving them so we do not lose them to our own complications and/or oversights. Didn't you yourself, AlcoHoDL, either lose some bitcoin or maybe even come close to overly complicating some of your wallets? Or, am I getting you mixed up with another member? The more I think about it, I am pretty sure you told some stories of how some ways of storing keys might become too complicated, especially with the passage of time and thinking that we had sufficiently documented in order to trigger our memories, and then viola.. we are struggling to remember and/or figure it out.. so if we are sometimes struggling with our own systems, then how are we going to be passing those coins down with someone else being able to read our notes and/or fill in the gaps, even if the coins might be hiding in plain sight. So far there is no easy solution, and it seems that it could be a while before easy systems come.. because some of us might currently be able to program our clock on our VCR (or microwave), but others struggle, and even us in time 1 know how to do it, but in time 2, we may have had forgotten how to do it, and did we keep too much information in our heads presuming that we were going to remember when the time comes.. but the time ends up being 15 years later rather than 5 years later.. where did all that time go? No, it wasn't me who lost coins. I think a recent situation like this happened to either OutOfMemory or sirazimuth, IIRC. It can happen to anyone, and, let's face it, Bitcoin has radically changed the way we handle and protect our cash (of the digital variety, a.k.a. BTC). Even those of us who are very computer-literate can end up in situations like this, and you're right in that I've made several posts in the past emphasizing that fact. I remember several years ago, when I had accumulated a decent amount of corn (I think it was about 15 BTC), I designed an extremely elaborate and complex sequence of steps to encode/encrypt and backup the seed. It involved a passphrase, a book, some pseudo-random (i.e., able to be regenerated) numbers, and some method of combining all bits together. I verified my newly created algorithm and it worked. But then it dawned on me that missing/forgetting just one of the several steps involved would prevent access to the seed, and, as you've correctly pointed out, we often forget much simpler tasks, such as how to set the microwave clock (has happened to me--the god damned thing doesn't even remember the time on a mains power cut, so I don't even bother anymore). In such cases we can read the manual and find out how to do it, but in the case of my above mentioned, supposedly super-strong encryption algorithm, there's no manual to look up, and writing one would compromise its security. So, I quickly decided to apply the KISS principle: a seed with 24 words + a very strong (but not impossible to memorize) passphrase. Has served me well. No security breaches, passphrase has now been practically etched in my memory cells. Anything more complex than that, and I run the risk of forgetting about it and locking myself out of my coins. No, thanks. The above is the reason I support the idea of the banking institutions of the future providing custodian services for BTC holders. You just can't expect everyone to know about seeds, passphrase entropies and the like, and be able to apply them correctly. So, those of us who can handle it, can do it, as most of us do, but with extreme caution, and running the risk of losing our coins. The rest of us who are lacking the skill or don't want to take the risk, should have the option to pay someone else to do it for them, just as we all do with fiat using the banking system. NYKNYC is the price you pay in the latter case. |
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Far from ATH,
But we're getting there slowly.
Got to wait it out.
Choo-choos have appeared,
Of the CCMF type,
That started it all.
As for fuck-you corn,
One still needs more than 50.
Ask Jay for details.
Coincidence that...
...Bob sells, then has colon checked?
No, I don't think so!
When dating a girl,
Don't just check her private parts.
Count her knuckles, too!
Beheading babies.
Bombing women and children.
Two sides, two evils.
The Wall Observer.
Where order flirts with chaos,
And they fall in love.
#7wodigestsundayhaikus
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[...] Bitcoin greatly rewards order, and severely punishes chaos. To anyone who has lost coins: you're doing it wrong, but thank you for your donation!true, but that was a comedy skit, ya'll. Of course it was. Let's call it "educational comedy"... BTW, the chaos was not the guy butchering the HDD, but the coin owner losing access, not having backups, etc. |
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Bitcoin greatly rewards order, and severely punishes chaos. To anyone who has lost coins: you're doing it wrong, but thank you for your donation! |
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I just had to search for this image, as the girl is truly heavenly beautiful. It is AI-generated!Just imagine the possibilities... True. How could i not see this?! (Count the knuckles!) Well, I didn't even consider the possibility of it being AI-generated. I did a Google image search and got a single hit to some kind of social media page of a Japanese gal, that's full of AI-generated girls. Knuckles/palm looks OK to me. Maybe borderline 6-fingered, but not clear enough. Doesn't in the least affect the overall hotness of the girl. |
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I just had to search for this image, as the girl is truly heavenly beautiful. It is AI-generated!Just imagine the possibilities... |
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Nobody truly owns any bitcoins..because the ownership is only established when you are able to apply a correct private key in a "send" tx (via hardware device or something else), albeit validation of the private key (at some other point in time) is possible. Before that, it is all allegedly. This is in principle, of course.
This is like saying that your house is not truly yours, until you put the key in the lock and open the door... Eh...apples and oranges. With a house, whoever legally holds the deed owns the house, regardless of who owns the key. If you have a mortgage loan, you may have the key, but the bank owns the house...you just own the debt. If the deed is lost, there is still usually a backup trail of docs that correctly identify the last owner, who can still lay claim. With bitcoin, the private key is the deed, and whoever holds it owns the bitcoin. As we have seen with CSW, (so far) a lawsuit can hardly prove otherwise. And if the private key is lost, no one owns the bitcoin, nor ever will again. I totally agree with what you're saying. Physical keys don't mean anything in terms of house ownership. You missed what I was trying to say, and it looks like my house-key analogy may have been somewhat misleading... Biodom suggested that our BTC is not truly ours, until we actually make a transaction using our keys and the transaction clears in the blockchain. Before that, our coins are in a "limbo" state, not truly owned by us. Something like how Schrödinger's cat is neither alive nor dead, until we peek inside the box. What he suggests has more of a philosophical than practical significance. I argued that code, math & science practically guarantee that our coins are really ours, even before we make a transaction. In terms of my house-key example, think "house access" instead of "house ownership". Biodom suggests that we don't truly have access to our property, until we physically put the key in the lock and turn it to open the door. Before that, there is no guarantee that we have access. We get in, we have (and have proved we have) access; we leave the house, we lose the certainty of having access, until we turn that key again. Philosophically (even metaphysically) this theory may have some value, but not so much in a real-life, practical setting. I hope it's now clearer. |
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Nobody truly owns any bitcoins..because the ownership is only established when you are able to apply a correct private key in a "send" tx (via hardware device or something else), albeit validation of the private key (at some other point in time) is possible. Before that, it is all allegedly. This is in principle, of course.
This is like saying that your house is not truly yours, until you put the key in the lock and open the door... While I can see the philosophical side of your argument, I don't think it serves a purpose, really... My keys give me guaranteed access to my BTC, period. It has never failed me and never will, because it is guaranteed by code, math & science. Should a technical glitch occur (a bug in the code, perhaps, or a mempool overload), that prevents me from accessing my coins, this will likely be a global thing affecting a wide range of key owners, and should be fixable. To the best of my knowledge, throughout Bitcoin's history, there has never been a case of someone's keys not working. Losing your keys is not relevant to the discussion. In the same manner, the possibility that you could cross a road and be killed by a passing car means that you're not really alive right now. I can see this turning religious fairly quickly... |
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$36k is chopper time. $35k was yesterday.
Did we do $35k yesterday? Damn I missed it!! A quickie, but a goodie.  That's so cute... Really! But don't you dare buy it with BTC, because it will soon be the most expensive (yet still cute) mug you've ever owned. [...] [...]
It surely can be difficult for HODLers to continue to HODL when the see BTC prices like we saw in the last couple of days and even once you add up the last month or so, and so HODLers frequently get so excited and even the more self-restrained of them will sometimes be able to hold out until the new ATH or even sell within 20% or so of the ATH to the upside and conjecture that they are "killing it" when they thereafter end up getting reckt through their opportunity cost losses that are subsequently shown by their selling too much too soon.. and sure it is almost inevitable that some folks are going to become statistics. Agreed. This is not a time for selling (unless one has to, etc., etc.). Selling now would be tantamount to missing the upcoming (time scale of months) pre-/post-halving price appreciation that history has shown to be a near certainty. Well, whatever makes one happy... I think it's also a stash threshold/marine species/citadel residence level issue. Those with big stashes would not mind selling even relatively large amounts of corn (but still a fraction of their total stash), while those with few coins of even less than a whole coin may not want to give those precious few sats away just yet... I'd say that those with 100+ BTC would be fine selling up to 5 BTC for expenses and indulgences. Life's short. Anything in the double/single digits would better be HeDL and even topped up if this is possible. All this is better explained using your $2M fuck-you status analysis, which I'm a fan of. I think there is a post of yours with a long table--don't have the link handy now--which explains it nicely. Again, $2M can vary from fuck-you for some, to fuck-me for others, and corn price also changes (generally rises) with time, so these numbers are not really constant, which is equivalent to octopuses still being octopuses, but feeling like fishes, etc. etc. So it's all kind of relative, adaptive and progressing. And this progression is more positive for those with a bigger stash (value appreciation), and more negative for those with a very small or no stash (more difficult to accumulate--same fiat buys less BTC). An informed decision to sell or to buy or to HoDL has to take at least the above factors into account, and not just listen to one's lower brain that tends to want a LHB-type gratification. It's just a few months before the next halving. Not a long time. I'd wait it out, let it happen and re-evaluate things in late 2024. |
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