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3301  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 31, 2017, 11:57:52 PM
And HAPPY NEW YEAR TO EVERYBODY!!!
3302  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 31, 2017, 11:54:42 PM
I'd rather pay 200K for a Vanuatuan passport and a 1-way ticket.

Yeah, well, I ain't gonna fight the IRS on what they are due. That's just a bad time right there and too much stress.

I'm a proud, patriotic American Citizen.

Fuck you.

It's less stressful, possibly overpaying on quarterly taxes, than needing to stress about the prospect of a FUCKING MASSIVE bill due on April 15th if you didn't play by the rules.

Trust me. Having to deal with a FUCKING MASSIVE payment on April 15th is much more painful than making "very healthy" payments, quarterly, to the IRS.

It drives my partner crazy - that I round up to the nearest quarter-thousand when it comes to paying taxes - but I've been on the other side of owing FUCKING MASSIVE back taxes, and that's not something I ever want to deal with again in my lifetime.




I got a letter from the taxman the other day saying I owe the state the equivalent of 10 cents, that's slightly less then the postage .
3303  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 30, 2017, 06:06:18 AM
bitcoin will make a move up or down soon it seems, triangle is ending

https://www.youtube.com/watch?v=9z70BKwfSUA
3304  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2017, 08:19:46 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.




Actually no, they are all controlled by local councils  or run privately.

I think you Americans use the word socialist differently then we do.
We use it in it's original meaning (No democracy, everything owned by the state, private ownership not allowed, dictatorship, and so on).
While you seem to glue that word on any high tax democracy with a welfare system..

Isn't that comunism?

Yup, that's communism. Communism is a system of government. One party controlling the whole country.

Socialism is about economic policy. Think of it as the opposite of capitalism. Socialism want's equal distribution of wealth among all, capitalism welcomes free enterprise and competition.

Traditionally in the 20th century all communist countries were also socialist. But just look at China. It's a perfect example of a communist capitalist country.

Nope, that's wrong, but I'm too tired to argue, let's continue on Sunday.

I welcome the opportunity to be schooled on a system of government and economic policies I was born into by someone who wasn't. Should make for a lively debate Smiley

It's you who are trying to school me on the system I was born into. You are the ones calling a capitalist democracy a socialist country.
But now I really have to go to bed.
3305  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2017, 08:07:30 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.




Actually no, they are all controlled by local councils  or run privately.

I think you Americans use the word socialist differently then we do.
We use it in it's original meaning (No democracy, everything owned by the state, private ownership not allowed, dictatorship, and so on).
While you seem to glue that word on any high tax democracy with a welfare system..

Isn't that comunism?

Yup, that's communism. Communism is a system of government. One party controlling the whole country.

Socialism is about economic policy. Think of it as the opposite of capitalism. Socialism want's equal distribution of wealth among all, capitalism welcomes free enterprise and competition.

Traditionally in the 20th century all communist countries were also socialist. But just look at China. It's a perfect example of a communist capitalist country.

Nope, that's wrong, but I'm too tired to argue, let's continue on Sunday.
3306  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2017, 08:04:41 AM
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).

and now the internet knows all these things


Hahahahahaha...   I can see it now.


Criminal:  "Hey Arriemoller, your valuables or your life."

Arriemoller:  "Please, please, no, no, no.. don't take my life... .. o.k.  I will take you to my safe.  Here it is ... it is be called safe."

Criminal:  "Is this the "decoy safe" or the real one?"

Arriemoller:  "Of course this is the real safe.  I want you to have all my valuables and not my life."

Criminal:  "O.k.  i thought that I read somewhere...... "

Arriemoller interrupts criminal, and:  "you probably getting me mixed up with someone else, and you know peeps say all kinds of shit on the interwebs... Of course that is the real safe with real bitcoins and other cryptos available and even title to my yacht that I acquired from the appreciation of my many ETHs.  Surely, I have no other safes in any of these places nor on my yacht.. and you can take the yacht, too."

Criminal:  "O.k.  Your story seems quite plausible, and I have a high level of confidence that you are disclosing everything, and for that reason, I am even gonna leave you with your yacht and I will just take the total value of your crypto that is in this safe, which happens to be .003146BTC and 25.384 ETH, and that should be enough for me anyhow, since I am a modest kind of criminal, and I have modest material needs, too.  Thank you very much, Arriemoller, you have been amongst the most cooperative of my crypto targets, and I thank you for making this whole robbing process easier for me."

Arriemoller and Criminal do a "man hug" because no gay here, and then each goes their separate ways, which means the criminal leaves.   Cheesy Cheesy

I do NOT have ETH, but I do have a loaded pistol in a safe. Please let the robbers make me open that safe.


that makes this hypothetical even more fun.    Cheesy Cheesy

Arriemoller:  "Criminal, could you just stand right here, while I open my real safe, it is a spot that I reserve for criminals, and it just happens to be a trap, but never mind that."

Criminal:  "Oh, O.k.  I am so glad that you thought this through in advance.  You know most of my victims have no idea, and they have accidents with their bodily functions.  This is so much more pleasurable for me, to come into a situation in which each of us have assigned spots."

Arriemoller:  "No problem, I have been waiting for this moment for years and years and years, so I am glad that you finally came and allowed me to test to make sure that everything works as planned."

Criminal:  "o.k."

Criminal then stands in designated spot as requested by Arriemoller, and Arriemoller presses a "secret" button, but does not tell Criminal that he is going to push it.  Criminal then falls through a trap door and is empaled by 256 swords.

Criminal in his last living breaths:  " you tricked me Arriemoller, you fucker.  This robbery was not supposed to end like this."   

"256 swords" do you have any idea how expensive a sword is? I would just use those iron thingys you use to reinforce concrete.
3307  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2017, 08:01:29 AM
whelp, this thread is going to hell

see you guys in the morning

I'm hitting the hay too, sleep well  or have a good day or whatever fits.
3308  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2017, 07:59:28 AM
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).

and now the internet knows all these things


Hahahahahaha...   I can see it now.


Criminal:  "Hey Arriemoller, your valuables or your life."

Arriemoller:  "Please, please, no, no, no.. don't take my life... .. o.k.  I will take you to my safe.  Here it is ... it is be called safe."

Criminal:  "Is this the "decoy safe" or the real one?"

Arriemoller:  "Of course this is the real safe.  I want you to have all my valuables and not my life."

Criminal:  "O.k.  i thought that I read somewhere...... "

Arriemoller interrupts criminal, and:  "you probably getting me mixed up with someone else, and you know peeps say all kinds of shit on the interwebs... Of course that is the real safe with real bitcoins and other cryptos available and even title to my yacht that I acquired from the appreciation of my many ETHs.  Surely, I have no other safes in any of these places nor on my yacht.. and you can take the yacht, too."

Criminal:  "O.k.  Your story seems quite plausible, and I have a high level of confidence that you are disclosing everything, and for that reason, I am even gonna leave you with your yacht and I will just take the total value of your crypto that is in this safe, which happens to be .003146BTC and 25.384 ETH, and that should be enough for me anyhow, since I am a modest kind of criminal, and I have modest material needs, too.  Thank you very much, Arriemoller, you have been amongst the most cooperative of my crypto targets, and I thank you for making this whole robbing process easier for me."

Arriemoller and Criminal do a "man hug" because no gay here, and then each goes their separate ways, which means the criminal leaves.   Cheesy Cheesy

I do NOT have ETH, but I do have a loaded pistol in a safe. Please let the robbers make me open that safe.

They DO know you might have firearms or whatever inside it. It's never YOU who open your safe, and even if you allowed to do it, they KNOW that is a critical moment and are 100% ready to take action into any suspecting move you make.

I have always said that it is way better to bury whatever in the ground so that even if you tell them where it is (and you probably will) it will take a lot of time and noise to break through .5 or even 1 meter of sweet cement and tiles. Of course that is only for very long term safe storage and suppossing you have neighbours that would notice the irregular noise.

In cement would be overkill even for me, but in the ground yes.

"sweet cement"... I don't know if that is a right english term.... It is basically a mixture of cement that has much more sand so it is compact but at the same time easier to get through. A good few hours would probably be needed though with a handheld electric hammer. So it is good for a long term storage solution yet very difficult for the thieves to carry on without risking someone calling police during the process.

Yeah, I'm not going to work a jackhammer for two hours to get to my stash.
3309  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2017, 07:57:00 AM
this Coinomi is a phone thing?

don't tell me people are keeping real money on phones...

No, just bitcoins. It's non custodial, you have the seed.

But still the phone/computer you are using it gets to know the seed from the very moment you input it.

I meant the seed to the Coinomi wallet. But yes, when you scan your private key, the wallet gets that info, but how else would you sweep a wallet. You have to convert your private key at some point.
3310  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2017, 07:52:28 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.




Actually no, they are all controlled by local councils  or run privately.

I think you Americans use the word socialist differently then we do.
We use it in it's original meaning (No democracy, everything owned by the state, private ownership not allowed, dictatorship, and so on).
While you seem to glue that word on any high tax democracy with a welfare system..

Isn't that comunism?

As far as I know the difference is only the way to get there, not the end goal. Communists want a revolution and socialists want a peaceful transition.
3311  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2017, 07:48:20 AM
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).

and now the internet knows all these things


Hahahahahaha...   I can see it now.


Criminal:  "Hey Arriemoller, your valuables or your life."

Arriemoller:  "Please, please, no, no, no.. don't take my life... .. o.k.  I will take you to my safe.  Here it is ... it is be called safe."

Criminal:  "Is this the "decoy safe" or the real one?"

Arriemoller:  "Of course this is the real safe.  I want you to have all my valuables and not my life."

Criminal:  "O.k.  i thought that I read somewhere...... "

Arriemoller interrupts criminal, and:  "you probably getting me mixed up with someone else, and you know peeps say all kinds of shit on the interwebs... Of course that is the real safe with real bitcoins and other cryptos available and even title to my yacht that I acquired from the appreciation of my many ETHs.  Surely, I have no other safes in any of these places nor on my yacht.. and you can take the yacht, too."

Criminal:  "O.k.  Your story seems quite plausible, and I have a high level of confidence that you are disclosing everything, and for that reason, I am even gonna leave you with your yacht and I will just take the total value of your crypto that is in this safe, which happens to be .003146BTC and 25.384 ETH, and that should be enough for me anyhow, since I am a modest kind of criminal, and I have modest material needs, too.  Thank you very much, Arriemoller, you have been amongst the most cooperative of my crypto targets, and I thank you for making this whole robbing process easier for me."

Arriemoller and Criminal do a "man hug" because no gay here, and then each goes their separate ways, which means the criminal leaves.   Cheesy Cheesy

I do NOT have ETH, but I do have a loaded pistol in a safe. Please let the robbers make me open that safe.

They DO know you might have firearms or whatever inside it. It's never YOU who open your safe, and even if you allowed to do it, they KNOW that is a critical moment and are 100% ready to take action into any suspecting move you make.

I have always said that it is way better to bury whatever in the ground so that even if you tell them where it is (and you probably will) it will take a lot of time and noise to break through .5 or even 1 meter of sweet cement and tiles. Of course that is only for very long term safe storage and suppossing you have neighbours that would notice the irregular noise.

In cement would be overkill even for me, but in the ground yes.
3312  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2017, 07:44:14 AM
this Coinomi is a phone thing?

don't tell me people are keeping real money on phones...

No, just bitcoins. It's non custodial, you have the seed.
3313  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2017, 07:41:35 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.




Actually no, they are all controlled by local councils  or run privately.

I think you Americans use the word socialist differently then we do.
We use it in it's original meaning (No democracy, everything owned by the state, private ownership not allowed, dictatorship, and so on).
While you seem to glue that word on any high tax democracy with a welfare system..
3314  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2017, 07:32:08 AM
I don't mean to split hairs, but is there any reason to trust a hw wallet less than Coinomi?

Coinomi would just be short stop on the way to the exchange.
And I already own a phone.

And to be clear, I'm not trying to hide my stash from any authorities or agencies, just keeping them out of reach of robbers, burglers and hackers.

If I were it would't be announced to the world.
3315  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2017, 07:25:33 AM
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).

and now the internet knows all these things


Hahahahahaha...   I can see it now.


Criminal:  "Hey Arriemoller, your valuables or your life."

Arriemoller:  "Please, please, no, no, no.. don't take my life... .. o.k.  I will take you to my safe.  Here it is ... it is be called safe."

Criminal:  "Is this the "decoy safe" or the real one?"

Arriemoller:  "Of course this is the real safe.  I want you to have all my valuables and not my life."

Criminal:  "O.k.  i thought that I read somewhere...... "

Arriemoller interrupts criminal, and:  "you probably getting me mixed up with someone else, and you know peeps say all kinds of shit on the interwebs... Of course that is the real safe with real bitcoins and other cryptos available and even title to my yacht that I acquired from the appreciation of my many ETHs.  Surely, I have no other safes in any of these places nor on my yacht.. and you can take the yacht, too."

Criminal:  "O.k.  Your story seems quite plausible, and I have a high level of confidence that you are disclosing everything, and for that reason, I am even gonna leave you with your yacht and I will just take the total value of your crypto that is in this safe, which happens to be .003146BTC and 25.384 ETH, and that should be enough for me anyhow, since I am a modest kind of criminal, and I have modest material needs, too.  Thank you very much, Arriemoller, you have been amongst the most cooperative of my crypto targets, and I thank you for making this whole robbing process easier for me."

Arriemoller and Criminal do a "man hug" because no gay here, and then each goes their separate ways, which means the criminal leaves.   Cheesy Cheesy

I do NOT have ETH, but I do have a loaded pistol in a safe. Please let the robbers make me open that safe.
3316  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2017, 07:20:03 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.
3317  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2017, 07:17:10 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.

Do yourself a favour. Get a TREZOR. Seriously. I don't think you want to expose yourself to the risks of owning and maintaining a paper wallet. Write your 24-word seed on 2-3 small pieces or paper, laminate them, and store/hide them safely in 2-3 separate places. Also, use an additional 25th word/phrase (passphrase), so that even if someone finds your seed, it will be useless without the passphrase.

All done! You can sleep peacefully at night. Definitely worth the 100-something € to buy the TREZOR.

^^^ THIS

I really can't understand guys having a "fortune" in crypto and not owning some hardware wallets. You don't even need to put everything you own into it. Just buy it, play with it and, when you are confident enough, decide how much you want to manage with a hardware wallet, how much in paperwallets, how much in exchanges, in software wallets, etc....


I don't trust those electronic gizmo's. Paper and ink is after all paper and ink, and can't be tampered with. Keeping it in a safe place is the least of my worries.

Fair concern. But then you must also take into account that if you are using paperwallets, you:

- Are trusting that the algo they are using to generate them is completely foolproof.

- When you go to redeem them... I supposse you will be using a completely safe, isolated computer, sign the transaction and broadcast it from a connected one.

That process is cumbersome and it seems you just come up with an equivalent security of a hardware wallet.

I am more into DIVERSIFY investments and DIVERSIFY risks. Never put all egg into the same basket....

That said, I have to recognise that most of my "eggs" are on hardware wallets (two ledgers and 1 trezor).

If you are gonna go the paperwallet route... just make sure each one is of small amount, so that when you go "redeem" it, you will notice if anything "went wrong" before redeeming the next one.

I would only claim them to use the money, and I would simply sweep them to my Coinimi wallet.
3318  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2017, 06:52:19 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.

I think the EU has bail in laws, but they do not apply to deposit boxes.
3319  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2017, 06:49:47 AM
You rent the box and it can't be opened without a court order.
3320  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2017, 06:46:47 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.
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