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4421  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 03, 2019, 02:45:45 PM

 Meh.  That's not even an anagram ffs.  Very amateurish.

Hat, Vests Of L8



4422  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 03, 2019, 02:19:01 PM
I think "Proof of Keys" is an unnecessary burden to the Bitcoin & exchange networks... I don't like the idea of shooting myself in the foot. I understand the idea of not letting exchanges use our coins in a fractional reserve setting, but I don't think it will make a difference for just one day... If they want to do it, they will, since they will always have some of our coins in their wallets. The good qualities of Bitcoin (decentralized, distributed, immutable, fungible, borderless, permissionless, rare, capped, non-inflationary), as compared to fiat, are guaranteed by its design, not by what exchanges do or don't do.

Why not do the opposite: withdraw all of our fiat from the banks! That would put a stress to their network...

 It would cause a lot of stress for nearly everyone since loans exceed savings by a very large margin.  In Canada, there is no reserve requirement so theoretically we have an indeterminate (possibly infinite) money supply based on the formula for money multiplier (m) given the Reserve requirement (R):

m=1/R

 That being said, I went into the bank a couple of years ago to withdraw more than I was able to withdraw in one day from an ATM (which is $2000) - seems to me I was looking to get around 6k.  First, they wanted to know why I needed "so much" money and if a bank draft or check wouldn't be a better option.  They chastised me for not calling ahead and I had to sit and wait for the money to be ready.  Oh, I was also required to withdraw my maximum from their ATM first (I don't pay a fee if I use theirs so that didn't bother me too much).  When the cashier called me back to the counter, she had a manila envelope she was digging her hand into that I could see had at least two wrapped stacks of $100 dollar bills.  I tried to keep the conversation light-hearted saying "You have plenty of cash there!  Why did you make me take money from the ATM?" and she told me they had been directed to discourage large cash withdrawals.
 Fast forward a couple of years to the present and just before Christmas I went to the same branch because it was on my route and I needed some cash.  While they still have people working inside, they don't do physical cash withdrawals.  The only option is to use their ATMs.  They have been popping up everywhere since about the middle of 2018 in this area and I believe one bank calls them "Advice-based Centers" where the bank employees are directed to show you how to use an ATM if you request cash and they don't have tellers anymore.

 So really, the only thing a bank run will cause is line-ups at the ATMS and stress for those with savings accounts.

::


Buy Bitcoin.


edit: added chars to separate the images
4423  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 03, 2019, 02:45:40 AM
^^good one
4424  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 03, 2019, 02:40:45 AM
Btw this forum is pretty much dead.

I ignored the altcoin and most of the local boards few weeks ago since they are only good for spamming sig camp posts, it is sad to see there are only 8-9 pages of new posts without the damn altcoin/bounty/off-topic threads.

Nobody even creating a topic for major news anymore wew.

VB1001 is doing his best creating some things

for the rest we all know its a bear market and we just need to have patient of playing out ( there are too many new threads that all go's to 1 point when MOON, when and the question is almost always price related of hitting that or hitting the bottom.....)

in other topic there are too many busy with 100's of threads all about the merits? and who gets them and who sends them etc
its crazy sometimes how much time and effort they put in just seeing everything around those merits....


Yeah, the amount of effort, threads and posts about merits is simply shocking! There are even some top notch "intelligence" analysis about it that are absolutely awesome and show outstanding research/analysis skills but... about Merits? Really?  Roll Eyes

VB1001 has indeed created a couple of really interesting threads and even managed to get some us out there in the wild side of the forum.

Btw, I think he has already more than earned his hat. I am eager to see xhomer creation around that nice Maine coon cat.





In English: cat, hat;
In French, chat, chapeau.
Ja, das ist eine Katze Hut
If you must know.





Avatar-sized


4425  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 01, 2019, 09:44:54 PM
Btw this forum is pretty much dead.

I ignored the altcoin and most of the local boards few weeks ago since they are only good for spamming sig camp posts, it is sad to see there are only 8-9 pages of new posts without the damn altcoin/bounty/off-topic threads.

Nobody even creating a topic for major news anymore wew.

VB1001 is doing his best creating some things

for the rest we all know its a bear market and we just need to have patient of playing out ( there are too many new threads that all go's to 1 point when MOON, when and the question is almost always price related of hitting that or hitting the bottom.....)

in other topic there are too many busy with 100's of threads all about the merits? and who gets them and who sends them etc
its crazy sometimes how much time and effort they put in just seeing everything around those merits....


Yeah, the amount of effort, threads and posts about merits is simply shocking! There are even some top notch "intelligence" analysis about it that are absolutely awesome and show outstanding research/analysis skills but... about Merits? Really?  Roll Eyes

VB1001 has indeed created a couple of really interesting threads and even managed to get some us out there in the wild side of the forum.

Btw, I think he has already more than earned his hat. I am eager to see xhomer creation around that nice Maine coon cat.





 Noted!
I'm working night shifts and I really need my sleep after those so it wont be today but soon... very soon!
4426  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 01, 2019, 02:17:13 AM
What’s the best way to short the UK stock market in the event of a hard Brexit?

 Just short the pound sterling.  Maybe get some tips from Soros.
4427  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 31, 2018, 11:15:01 PM
Wow!  If I had waited much longer, I might have been SOL!
It took me 29 hours to ready myself for Proof of Keys.  
Bring it on!  Can't thank you enough for the reminder jbreher Smiley

4428  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 31, 2018, 09:14:18 PM
Happy New Year all! 
I have to work tonight... on the bright side, I will be up at midnightand beyond to usher in the new year.

4429  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 31, 2018, 09:07:55 PM

~snip

@Homer, did you make that wallet just for this?
If so if he used a funny passphrase than hit it with a dictionary or rainbow attack.

~snip

 Yes!  I created a vanity address 1Go4it... , generated a paper wallet, funded it, waited for the funds to arrive and then posted a screen cap of the wallet.

4430  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 31, 2018, 02:16:16 PM
Paper wallets are great and better than Ledger and co, but two issues: Water and Fire.
Metal wallets like;
 https://cryptosteel.com/ or
 https://bitkee.com/ or make your own dog tag
 https://www.amazon.com/punch-set-numbers/s?page=1&rh=i%3Aaps%2Ck%3Apunch%20set%20numbers
is the best choice in my opinion.


 Those are great options.
I bought some Revlartm from DaveF a while ago for paper wallets.  It's a sort of tear-resistant and waterproof paper you can use in a laserjet printer.  
While I know it's not the perfect solution I also bought a small fire-proof safe for storing important papers as well.
4431  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 31, 2018, 01:58:35 PM
Private key==bitcoin.

I... am confused as to why anyone here would be confused about this?

It’s still there Cheesy

Somebody is definitely going to steal it.

 I have posted it for anyone to take - that's not stealing, it's recycling.
4432  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 31, 2018, 01:57:48 PM
There are too many trustworthy individuals here; my test results are going to be totally skewed.  
4433  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 31, 2018, 01:45:50 PM
Okay guys, there seems to be some misunderstanding with respect to paper wallet security.  Now, the misunderstanding might lie with me or it might lie with you so I am putting some Bitcoin on the line here as a test.  If you are correct, it should be as easy as 123 to steal the .0123 Bitcoin I have secured on this paper wallet.  If I am correct, then I can relax.

My fully exposed paper wallet:



Go 4 IT!  I will monitor the balance.






You’ve exposed your private key, somebody will just sweep the balance, surely?

 I shall consider it a cheap lesson if that's the case.
4434  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 31, 2018, 01:39:58 PM
Okay guys, there seems to be some misunderstanding with respect to paper wallet security.  Now, the misunderstanding might lie with me or it might lie with you so I am putting some Bitcoin on the line here as a test.  If you are correct, it should be as easy as 123 to steal the .0123 Bitcoin I have secured on this paper wallet.  If I am correct, then I can relax.

My fully exposed paper wallet:



Go 4 IT!  I will monitor the balance.




4435  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 31, 2018, 12:44:39 AM
So you're saying you broke bitcoin?

 It was like that when I got here!

smooth move Homer

 Cover for me!

 
4436  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 31, 2018, 12:22:14 AM
So, with respect to the Proof of Keys, I split my transfer into a few separate requests and only two have been filled so far (3 hours have passed).  The others are still "pending" per my account page but there are no transaction ids showing and a search of the withdrawal addresses using a block explorer shows nothing happening.   Glad I started today... thanks again jbreher!
4437  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 30, 2018, 09:04:54 PM
So who's been prepping for Proof of Keys?

 It totally slipped my mind.  Prepping begins now and thanks for the heads up!
4438  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 30, 2018, 03:08:36 PM
go away

I'm batin'

 wait... Maggie, the rednecks or all three?


 I hadn't had my daily dose of Brawndo before I wrote this - now I get the reference.  
4439  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 30, 2018, 03:57:40 AM
go away

I'm batin'

 wait... Maggie, the rednecks or all three?
4440  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2018, 04:44:48 PM
two 14 yr old girls agree to meet and fight over some guy, short girl makes a rule not to pull hair, then as she gets pummeled pulls tall girls hair. they then break it up and start over, tall girl whoops ass, short girl says to leave her yard or she will call cops. tall girl says she isnt leaving until short girl says she is done fighting(wants her to officially concede the fight). short girl says she is getting bb gun to shoot tall girl. tall girl says bring it on, "bb guns dont hurt". short girl gets shovel, tall girl says oh shit and runs, short girl hurls shovel and makes tall girl famous. both girls arrested for disorderly conduct.

Shorter version: A day in the life of a white trash family.

 Sorry, I'm out of sMerits!


and now more then me Wink

one cannot leave you whitout MERITAMMO

 Thanks MicG and LFC Wink  You guys are awesome!
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