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561  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 23, 2022, 04:19:47 PM
Easy enough to paste it in a .txt file.

Code:
wc -w death_wish.txt

need to take into account quotes and subtract that. i think someone tried to do that at some point.
562  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 21, 2022, 06:29:35 PM
doomed, we are

https://www.npr.org/2022/06/21/1105815143/cryptocurrency-bitcoin-blockchain-security-tampering-darpa

Quote
"It's been taken for granted that the blockchain is immutable and decentralized, because the community says so," says Guido.

But in practice, he says, these networks have evolved in ways that concentrate power in the hands of certain people or companies, including the large pools of "miners" whose computers earn virtual currency by maintaining the blockchains.

Guido's team calls these potential situations "unintended centralities" — situations in which someone gains leverage over the decentralized system, creating opportunities for tampering with the record of who owns what.
[...]

I don’t know if I’d say we’re doomed as a result of anything from that report. Sure, the number of people running nodes that are vulnerable is concerning, but nothing hard to fix or easily exploitable. I’m sure a majority of the comments were made about alternative blockchains. I didn’t see anything that was an immediate concern for Bitcoin and hope that this report does cause some nodes to be updated and alternative internet access methods prepared in the event of an emergency. 

thats pretty much my take too. pretty much nothing we didnt already know. my home node does run an old version of core (20.1) but im not a miner and im not online 24/7, just as needed. but guess ill update soon. hopefully the other outdated nodes will too.

that doomed part was sarcasm.
563  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 21, 2022, 03:53:24 PM
doomed, we are

https://www.npr.org/2022/06/21/1105815143/cryptocurrency-bitcoin-blockchain-security-tampering-darpa

Quote
The report was commissioned by the Defense Advanced Research Projects Agency, or DARPA, and the work was done by the software security research company Trail of Bits.

"It's been taken for granted that the blockchain is immutable and decentralized, because the community says so," says Guido.

But in practice, he says, these networks have evolved in ways that concentrate power in the hands of certain people or companies, including the large pools of "miners" whose computers earn virtual currency by maintaining the blockchains.

Guido's team calls these potential situations "unintended centralities" — situations in which someone gains leverage over the decentralized system, creating opportunities for tampering with the record of who owns what.
[...]
564  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 21, 2022, 03:09:19 PM
OT: Oh look, another WEF conspiracy theory becomes reality.

Leave it to Canada to lead the charge. Color me shocked.


https://twitter.com/EllisDon/status/1535293162221998083?cxt=HHwWhsCgheW_us4qAAAA

flying and hopping candy bars... yummmmmmmmy

at least my cats think so
565  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 21, 2022, 12:07:15 PM


And I think that all of us can more or less agree that you are the mindrust for this season.

Enough of your "WHO WILL POST THE LONGER PARAGRAPHS" competition.


JJG vs DW

RIP my scrollwheel

566  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 19, 2022, 10:09:54 PM
The next ten years are critical

#zoomout

You now have 1000 merits. Good luck on becoming the legend you are meant to be..

ack! it showed 992 when i saw the post and i merited it 2, so now instead of a nice round 1000 its 1002

sorry!
567  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 19, 2022, 06:20:40 PM
The previous cycle high was the *last* piece of TA that BTC chart had not violated previously. ... It was an almost religious symbol to some ppl.

Now that violation has happened, individuals have to make their decision... either say:

1. ' this indicates some serious imminent unknown, so BTC is broken in some way'

or  2. ' No form of TA applies anymore, so HODL as an act of pure faith'

yup. glorious isnt it!  Grin

havent felt like this since 2011 when i started

what a time to be alive
568  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 19, 2022, 02:56:21 PM
After winter always comes Spring.

but what comes after a crypto Ice Age?
569  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 19, 2022, 12:04:24 PM
GUH
570  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 19, 2022, 11:41:38 AM
Time to drink.

lucky you, sniffing glue is all i can afford now
571  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 19, 2022, 12:56:42 AM
.....

Don't worry it's all safe and sound, secured on Mintpal.com

Good on you m8.
I keep all my bitcoins safe and sound at at westorebitcoins.com.
They store your private keys too so you don't have to worry about losing them....

amateurs

i store mine at mtgox, so secure even i cant get them.

CHECKMATE mofos bwahahaha !!


oh wait
572  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 18, 2022, 03:44:28 PM
I think it is EXTREMELY interesting and possibly important that this is what the mempool looks like:



yeah ive been watching mempool.space lately as i have moved coin around recently. i had some txs confirm in a weird order (likely the size of tx/fee and address types) so i started watching it. interesting stuff indeed.
573  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 18, 2022, 03:37:44 PM
Hey, sorry guys, forgot to put it on my calendar. When's the $10k party?

this afternoon i think
574  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 17, 2022, 09:32:20 PM
Just refreshed my neurons with my passphrase on my Trezor. Everything is as I left it, except for some dust amounts of BTC that some unknown entity has been regularly depositing to my wallet. I guess this is done to "mark" my wallet and track any future movement of my coins. Well, FUCK YOU, whoever you are, your dust will never be moved from there, so feel free to send more...

My advice to cold storage HoDLers: refresh your neurons with your passphrase/PIN/whatever you use to protect your wallet, by viewing your cold storage balance every 6 months or so. You never know when your memory may fail and you end up not being able to remember the key(s) to your precious coins.

word

i forgot the pin for one of my trezors as i hadnt checked it for a couple years. i was on like the 10th pin try with the trezor spending several hours waiting for it to pronounce its judgment as to whether it was correct. nope, zip, nada etc. i finally just wiped it and recovered from the seed.

so its also a good idea to make sure your seed backup is still where you think it is and usable.



 
575  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 17, 2022, 12:15:47 PM
but then perhaps at some point, there might be situations in which there is a feeling of having too much BTC, too..

batslap.jpg

tf?

your latest firmware is an abjact failure, tell the devs to get it right with this latest seemingly alpha quality upgrade.

just sayin.. cuz we care about you. #nohomo
576  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 17, 2022, 11:49:55 AM

filled with enslaved humans working in Bitcoin mines, digging for blockhashes with their bare hands



WAIT! Is this a thing? Cuz if I can dig and get BTC's... I'm tempted. What's the cost per coin? All sweat equity? Where do I sign?

well i think they more or less use sticks and scratch hash calculations into the dirt but not sure. bitcoin steampunk timeline crossed maybe.
577  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 16, 2022, 10:11:45 PM
my lowest buy this dip was at ~24.5k usd. if this is the bottom thats close enough for me. it was a buy i had set up months ago and i actually forgot about it till it triggered.

ive been on cruise control for a long time and dont try to time anything. seems to work well enough.

so let's say for example, we had ladder buys all the way down to $28k-ish.. and we thought that $28k... would be the bottom.. but we had one or two saving grace BTC buy orders down to $24.5k.. so then in some sense we have run out of money that had been authorized for buying back BTC, but for me, I ran out of the money that had already been authorized for BTC buys when getting towards the lower $20ks.. but I added to my authorized amounts.

maybe I am talking somewhat out of my own experience because surely we may well be similar in the sense of having had considered BTC buy orders below $28k were not very likely to fill.. but then now we are in a space where they did fill... and you just left everything alone, and I set up some more BTC buy orders to buy lower.. or continue to buy on further dips, if they come, even though I had not previously authorized that money for BTC buys.

From my point of view, it is a bit of a dilemma - because I could just go into a kind of HODL status . . and then NOT use any of that previously not-authorized cash for further BTC buys, in the event that the BTC price dips more.. which may or may not happen.. down to $18k or $19k?  50/50   hard to say...   Maybe it is just fun for me, and there is some kind of optionality to keep the buy orders going.. perhaps?  perhaps?  There is a kind of thrill to never run out of buy orders.. I will admit that part. but it probably is ONLY really objectively fun if the BTC price ends up bouncing back.. if it never bounces back (like Peter Schiff keeps telling us) those of us who keep buying BTC all the way down are really fucked, no?

i have since diverted some cash to more btc buys. did 25% spot at 21k, have 25% at 19.6k (prev ath), 25% at 18.2k and 25% at 17k

but if it instead goes uppity in any meaningful way in the next few weeks i will likely delete those and do 50% spot at that time (whatever it is) and the other 50% at a couple points (25% each) a bit under that to catch any further downsies. if it still goes uppity or sideways for a while at that point i will likely pull the trigger on a spot buy again.

when im out of cash or a couple months go by with no real action ill reassess for the next period.

now, as you mention, if it just keeps going down and down and down.. well i intend to make a fairly impressive crater for my troubles.

and thats about as hands on as i tend to get nowadays. nap time.
578  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 16, 2022, 09:57:34 PM
There's enough fundamental and technical reasons why many think $20K was the bottom.

[...]
so I stick with 15-17k as bottom.

ooooh a bottom calling contest!

19k usd. yup. thats it. called it. cuz reasons.



Will it be a big bottom or a little bottom?

i like big bottoms and i can not lie
579  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 16, 2022, 07:21:17 PM
There's enough fundamental and technical reasons why many think $20K was the bottom.

[...]
so I stick with 15-17k as bottom.

ooooh a bottom calling contest!

19k usd. yup. thats it. called it. cuz reasons.

580  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 16, 2022, 12:54:35 PM
200 MA Weekly was my initial plan in Feb 2022 and it already got executed. Price is currently under it as of now.
I think Greed is taking over people's mind and they are now waiting for more crash.

No one can time the market accurately so $20k is the best buying possible as of now according to my analysis.


my lowest buy this dip was at ~24.5k usd. if this is the bottom thats close enough for me. it was a buy i had set up months ago and i actually forgot about it till it triggered.

ive been on cruise control for a long time and dont try to time anything. seems to work well enough.

edit: i though i saw cramer on squawk box a couple days ago say he sold the last of his bitcoin when it was ~20k. pretty good indicator to me lol
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