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1301  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 29, 2017, 08:31:12 AM
its annoying to see something like ZCL rocket up so that they can be airdropped BTCP. Anyone have thoughts on how this might affect Monero?

What is a ZCL, and how could it possibly affect Monero? 
1302  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2017, 07:35:16 AM
You rent the box and it can't be opened without a court order.

OK... so you trust your banks and government and legal system, in a vastly socialist state.   My condolences. 

Socialist?

Sweden has always been a capitalist democratic country with due process and all that.

I will allow you to be a step above Norway, maybe above Denmark.  Not difficult, as some of the most socialist western countries.

Is your schooling, healthcare, wellfare, transport government controlled?  Do you pay taxes (all right, I know you pay among the highest in the world)  Welcome to socialism, my friend.

1303  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2017, 07:22:48 AM



I would only claim them to use the money, and I would simply sweep them to my Coinimi wallet.

I had heard bad things about Coinomi, but decided to try it, to sweep some clonewebs  from the corners of a paper wallet.  Favorably impressed on all fronts, other than the fees proposed by the embeded Changelly & worse yet Shapeshaft.
1304  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2017, 06:56:04 AM
You rent the box and it can't be opened without a court order.

OK... so you trust your banks and government and legal system, in a vastly socialist state.   My condolences. 
1305  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2017, 06:49:27 AM
So, let's see if I got it all right.

I go to the library, (with my clothes on), download the "make your paper wallet" site from the library computer (so the computer can't be traced to me) onto a USB stick. Buy a refurbished poo computer from Ebay, Get naked, take a shower just to be sure, put on a balaclava thats been in the microwave to kill the microcameras that might have been put there by the Chinese who made it, get an enema, make the wallets, preferably in a dark room with loud music, print them on a virgin printer, pour petrol on the printer and computer and burn them, put the wallets in an envelope seal it with wax and my coat of arms, and put it in my box in the bank.

Did I miss anything?

But seriously, thank you all for your input, I know OPSEC is important, and I do get more and more paranoid as the price goes up.


Seems like if you put it in the bank, then you still need one other location, in case the bank burns down or something.  Whether your second location is your home or another bank, it is not so likely that your catastrophic failure is going to happen at both of your locations at the same time, no?

I am, seriously, going to bury a laminated copy somewhere on my land. And have smaller amounts also in my hidden home safe. (I have a visible decoy safe bought very cheap from Cina with some crap in it).

First off, you people seem to have an inordinate amount of trust in banks.  'Safe deposit boxes'  Belong to the bank, just like your deposits.  Access is controlled...Not by You.

As for burying laminated paper... Maybe if you live in a desert.  Test your lamination in a bucket of water for double your minimum expected burial time, with many test subjects.  Plastic is water resistant.  For a time.  Not for all time. Better to bury stamped stainless, or even stamped plastic if you worry about metal detectors, or if heat is a zero concern (house fire, wild fire, etc.)

Maybe that applies to the US, but in Sweden The deposit boxes content belongs to me.

Until it doesn't.  Used to be that way everywhere.  If you are correct, Sweden is one of the few remaining western states where this is the case.  I suppose you don't have bail-in laws either then.  Canada got those in 2013.  Depositors are 3rd tier creditors.
1306  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2017, 06:45:35 AM
I don't know much about paper wallets. But aren't they basically bearer bonds. Are they pw protected at all? Doesn't asset forfeiture apply to bank safe deposit boxes just as well as accounts?

I don't trust banks full-stop.

Seems like a very physical approach to security.

I don't even know what that means.

It means being your own bank requires that you don't cede control of everything... to a motherfucking bank!  I'd rather leave it all on Poloniex.
1307  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2017, 06:41:17 AM
So, let's see if I got it all right.

I go to the library, (with my clothes on), download the "make your paper wallet" site from the library computer (so the computer can't be traced to me) onto a USB stick. Buy a refurbished poo computer from Ebay, Get naked, take a shower just to be sure, put on a balaclava thats been in the microwave to kill the microcameras that might have been put there by the Chinese who made it, get an enema, make the wallets, preferably in a dark room with loud music, print them on a virgin printer, pour petrol on the printer and computer and burn them, put the wallets in an envelope seal it with wax and my coat of arms, and put it in my box in the bank.

Did I miss anything?

But seriously, thank you all for your input, I know OPSEC is important, and I do get more and more paranoid as the price goes up.


Seems like if you put it in the bank, then you still need one other location, in case the bank burns down or something.  Whether your second location is your home or another bank, it is not so likely that your catastrophic failure is going to happen at both of your locations at the same time, no?

I am, seriously, going to bury a laminated copy somewhere on my land. And have smaller amounts also in my hidden home safe. (I have a visible decoy safe bought very cheap from Cina with some crap in it).

First off, you people seem to have an inordinate amount of trust in banks.  'Safe deposit boxes'  Belong to the bank, just like your deposits.  Access is controlled...Not by You.

As for burying laminated paper... Maybe if you live in a desert.  Test your lamination in a bucket of water for double your minimum expected burial time, with many test subjects.  Plastic is water resistant.  For a time.  Not for all time. Better to bury stamped stainless, or even stamped plastic if you worry about metal detectors, or if heat is a zero concern (house fire, wild fire, etc.)
1308  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2017, 06:23:33 AM
This is the 4th time on 6hr chart that we've had these bumps back up $750+.  Each time though the overall trend is it drops lower.

I hope we can get a REAL breakout on one of these and stay up finally.  Until then I definitely don't trust the increase in price as having staying power.  We

Isn't that just totally normal? 5% ups and downs, with a big of fluctuation.

And in the long run, since the big correction, the dips have stabilized. 10k - 16k bouncing for a while seems reasonable to me. 8k is possible, but would be an extreme low (that is literally quoting Novogratz, who I trust with predictions).
For the price to really drop, you would need some pretty bad news.

You must be new  Grin
1309  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2017, 04:25:18 AM

There were almost a hundred thousand new members registered on bitcointalk in November this year. During November last year it was closer to ten thousand new members registered. When it's a million new members a month bitcoin will be going mainstream.

Can you please provide a link where I can see new joiners ?  Thanks in advance. 

All but one were bots...
1310  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 28, 2017, 02:16:36 PM
 BTC loans on Poloniex tightening up.  0.136% - or up about 100x over a few days ago.   BTC being pulled for the next clone coin?
1311  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 28, 2017, 02:07:54 PM
Very good looking now. In uptrend I would say. However it is not definitely x100 coin

Ya, dismal 40x this year, and  only 30ish last year. (if you are bad at math, that's about 1200x in 2 years) So it is obviously all over now, despite 'looking good'.

Add:
Now that I consider it, XMR is the only coin that I feel quite certain has a sustainable 100x in it. 

That's crazy talk--do you really think the technically proficient and the uber rich will demand bast-in-class privacy and an auditable supply? Pfft, please! And don't you know that small caps have more room to grow and promise (insert vaporware here) and Bitcoin is censorship resistant (except when exchanges decide to censor you)? Monero can't compete with microcaps and one-coin-to-rulz-dem-all Roll Eyes


You're right.  I thought better of it, and deleted my mad ramblings  Tongue
1312  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 28, 2017, 01:09:35 PM
I'm not messing with my seed... If TREZOR or Ledger decide to provide a coin splitting tool for this or any future forks (like they did with Bcash and Bgold), I'll claim. If not, my BTC stay put. Not worth the risk.

Agreed, HW wallets probably won't bother if its 1% or less of BTC value. If its 2% or more and they don't make a tool, I might be tempted to re-seed my wallet, move coins and do the split myself.  I honestly wish I could understand the incentive behind the forks.  Seems like so much $$$ just being given away and most of the recipients surely will dump.  Who knows, maybe it's Bitcoin Pizza that will take the crown!  Hahaha, not, my money is on Fedcoin.   Roll Eyes

If you are not paying for the product, you are the product?  Go ahead, move your coins (this goes for your clones as well) We won't track you, or target you in any way.  There is nothing to be learned from this, don't mind the man behind the curtain.
1313  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 28, 2017, 10:18:27 AM
Monero dropping along with Bitcoin. We could possibly retest the old lows (btc), then back in the fast lane.

Its still on.  /r/monero subscribers increasing about 1 per minute.  That's a lot of competition for a drying supply of coins, even on minnow scale.  

Some of what we look forward to in the short term:

  • Ledger hardware wallet -Really huge.
  • BulletProofs - Huger.  What reason to use any other coin with fees less than a quarter, 2 min blocks, and fungible to boot?  Not to mention what happens to the fees as tx count increases.  This alone could be a snowballing of use for XMR
  • monerujo+XMR.to - too cool.  
  • Multisig - fabled.  Recently spotted.

Long term: its just too much to list.



1314  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 28, 2017, 08:42:23 AM
What will happen is once it reaches 8000 or 5500, suddenly everyone in the forum will be calling $1K and the death of bitcoin, but I will be there saying.. "no idiots were about have a bounce to $13K", and viola, suddenly I'm a bull.  Though as usual I'll be the person on the forum receiving the most flak.

Yet knowing what to expect by now, you still share your insights, which is appreciated. (by some)

1315  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 28, 2017, 06:36:31 AM
I'm going to get a lot of flak for this, but Windows 10 isn't so bad.

Granted, I "modified" my OS so it doesn't auto update, and turned off all the suspect "malware / spyware". I confirmed it with network tools and wireshark and ethernet sniffers. Nothing in or out (not even encrypted unless I was using tor or a VPN).

Of course, I don't use IE. I just use Windows as the OS, everything else is an app ... firefox, bitcorns, gpg ... all free too. Got the license from school.

So windows 10 has malware/spyware that comes with it? And it's not safe to use without the modifications you mentioned?

Even then it's not 'safe'.  The hardware itself is infused with malware.  If you are interested in reading your way down the rabbit hole, plenty of articles and links from Purism.
1316  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 28, 2017, 04:12:30 AM

I hate finding misinformation in an article, because it throws the whole thing into question.

Quote
Bitpay considers an invoice “invalid” after 1H if not confirmed. This means the buyer need to add large fees or the invoice will be canceled, which need even more transaction to refund the customer.

I recently had a BitPay transaction that took 9 hours to get picked up.  Other than that spam delay, it was smooth.  New policy?  BS statement?  Or just typical crypto-journalism uselessness/FUD?
1317  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 27, 2017, 07:35:31 AM
Jan. 23rd

And if I'm right the 10 XMR goes to the development fund.  Wink

I was thinking that myself, but concluded it would do more good to regift it to 10-20-100 non crypto people that show an interest, and are deserving of such.  Thus we may leverage all that is within the dev wallet  Smiley  I have in the past offered to match up to X XMR a noob bought, just to give a little spur, like Cheesy 
1318  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 27, 2017, 06:00:55 AM
I'm missing the significance of Kansas.

Isn't Kansas pretty flat?

Wind, corn and cow shit.  Wind with cow shit in it, wind with corn in it.  It wasn't even bitcorn, just dry husks of empty paper wallets.  You'd think they'd have cell service everywhere, since one tower is line of sight to the whole fucking wasteland.  Did I mention that I didn't enjoy Kansas much?
1319  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 27, 2017, 05:44:04 AM
pretty solid head and...  well... shoulder and shoulders pattern forming

Not shoulders.  Think of them more as... Foothills.

Piedmont?

No, I was thinking more like what you find adjacent to real mountains  Grin  They actually resemble a long term crypto chart in profile, with the once formidable foothills amounting to insignificance once the climb begins in earnest.

1320  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 27, 2017, 05:25:58 AM
pretty solid head and...  well... shoulder and shoulders pattern forming

Not shoulders.  Think of them more as... Foothills.
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