This is our time
no not yet but close. once we crest over 100k and simply stay there with sideways and slowing upwards trends we will be there. ok, so tomorrow sometime? |
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when i worked back around 2011 on i told people at work about bitcoin. there were some smart people most with multiple degrees in their fields. also told the tech support guys whom i really thought would understand it. but everyone of them except one pretty much politely blew it off. that one person? one of the billers (the youngest one), who instantly knew there was something interesting there. i gave her a paper wallet with like 5 bucks or something.
[...]
2011... $5 worth of corn... Where is that goddess now? I'd like to sit next to her in her throne! i gave her some homework (how to find and check the official hashes of downloaded files, check pgp sigs and such) along with the wallet and she was a pretty smart cookie, so hopefully not working there (or anywhere else) any more, and just enjoying the ride. |
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Yup, I've definitely stopped tying to explain btc to anyone these days. It's not as if there isn't enough info on the interweb now for anbody with sufficient motivation to go and find out for themselves.
I introduced several friends to bitcoin in 2013.
[...]
Unfortunately, some people who know I have bitcoin seem not to care for my opsec and will happily discuss the fact that I hold btc with anyone they feel like. Which is annoying, since I don't go around talking about anyone else's finances. So I am wondering how to address this issue. It didn't seem to matter many years ago that I had told a few of my friends about my btc holdings but now, at these prices, it's something I wish I hadn't done.
Anyone else in the same boat?
Same thing has happened to me. A long time ago I made the mistake of telling a few people close to me that I own some BTC. At that time 1 BTC = $200-$500, so it was no big deal. Not anymore. The problem is that these people can potentially disclose that information to others, and this raises serious OPSEC/$5-wrench issues. Of course the mistake was all mine, but frankly, at the time, I never expected that Bitcoin will rise so much. Fortunately, the people in my circle that know about my stash are very few and generally trustworthy, and I've warned them not to tell anyone, so I guess the situation is somewhat under control. when i worked back around 2011 on i told people at work about bitcoin. there were some smart people most with multiple degrees in their fields. also told the tech support guys whom i really thought would understand it. but everyone of them except one pretty much politely blew it off. that one person? i gave her a paper wallet with like 5 bucks or something and some homework to do. of course everyone at that workplace also knew of my fondness for projectile weapons and other various ways of, um, slowing down undesirables. for all they now know ive since blown/lost them all, so not really worried, although i too if i had known would of been more careful. but then again maybe not. bitcoin was too important not to spread the word. |
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Bitcoin is now “too important to ignore” report by Deutsche Bank.
Deutsche Bank's new research report now ranks Bitcoin as the third largest currency in circulation.
In addition to that I would like to add this... We barely entered the fun zone... real fun begins when market cap of gold will be smashed. [...] It sunk in that Apple made 1/86th of the world's money by selling overpriced crap. We're a very special species, aren't we? check my maths and sciences as ive not had enough coffee and assorted drugs kick in yet in but at a trillion dollar market cap and the blockchain at 360ish gigs isnt that like $2,778 USD per byte on the chain? maybe proudhon should check that with his (her?) superior maths and sciences brainpower? edit prolly messed the quotes up, sorry |
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~58k USD
ZZZZZzzzzzzzzzz
need to rest a bit for that next big run up.
ramen noodle reserves: 67% so looking ok
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some of you folks with the outlier times really need to see a sleep specialist and get a sleep study done. proper sleep is far more important than many might think. there are several stages of sleep and all are important. some stages are for the brain and some stages are for the body.
of course society today with its mandated work shifts, swing shifts, multiple jobs, impossible study schedules and such isnt really that conducive to proper sleep hygiene.
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well i sure hope the next simulation im in has ECC memory cuz my memory is shot.
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Looked? I'm sure he must be blind too.
Hairy palms goddamit...  palm hair long enough to braid probably |
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personally i NEVER use wifi on my phone. its turned permanently off.
when a phones wifi is on it will check in with any wifi signal it can. whether you want it to or not.
i treat any wifi network as compromised.
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yubikeys ftw you can also configure a trezor as a yubikey. edit: a rooted phone is just asking for trouble. dunno if the affected phones were or not. |
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All that being said, I am even worse off: I didn’t buy Bitcoin at $0.06. (And I didn’t CPU-mine back in 2009, damn it.)
Neither did most of the folks reading this.
In hindsight, Schoen made a stupid sale. But he made a smart buy. Did you?
Food for thought.
Well, I think I did. The difference between him and most of us, is that we knew what we were doing (or at least believed in it), while he didn't. If he did, he wouldn't have sold so early, and for such an insignificant total amount. In the end, it's not the relative gain that matters, but the absolute final value of one's wealth. It's much better to invest $50,000 and end up with $1M (20x), than to invest $1 and end up with $1000 (1000x). Having said that, I also regret not buying Bitcoin at $0.06, and not mining it in the early days. I guess I did not know about it enough at that time, to realise its potential. Funny thing is, I hated the word "Bitcoin" when I first heard it, but now I find it one of the most beautiful-sounding words in any language! when i 1st started looking into this in 2011 i admit didnt have much faith this would really go anywhere.. just another cool experiment with the possibility of offsetting the price of a shiny new gpu (and that was if i could figure out a way to sell them without getting my identity ripped off, exchanges were sketch af back then). also, i mined it partly because folding@home was going downhill (infighting) and i wanted out of that scene and to be part of something else that had the chance of being worthwhile. and this seemed to coolest project id seen yet. its just luck i managed to keep some. i lost a lot playing with wallets and things i didnt understand and whatnot, and at only a couple bucks a coin it wasnt worth my time to figure out how to recover lost coins. little did i know. the fact that any of us older timers (i dont consider myself OG) managed to keep some of our stack is a tribute to either: luck, good backups, and/or real faith in the project. and while as i understood more about it and i had more faith in the project that didnt stop me from selling coins at ridiculously low prices compared to today. back then its future was a lot more nebulous than now of course. |
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you need to add another option for peeps like me: shitposter
since that option doesnt (yet?) exist i voted bitcoiner as thats the closest i guess
edit: ive mined btc (on gpus/fpgas back in the day) and alts currently (to sell for btc) and read here most every day. but thats about it.
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scary indeed.
sucks a firefighter died.
but glad youre OK
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No need to spread needless fear. The link in the original post (the first comment on the topic) is safe. Has been for a long time. You can check with virus total. There are, however, a number of similarly named fakes being circulated around. As you can see here in the original file's relation tab on virus total [...] there are quite a few. Avoid all EXE files with differing sizes other than exactly 458,240 bytes. Also, check the checksums. The original file's SHA-256 hash value is: 1261052E34B3205DC04F5DD9E4B76D2649DBCDA738DC8E2665B07F56D659E716 but you shouldn't listen to me and ask for the checksums from the original poster. @VirosaGITS please do list the checksums in the first post of the topic so everyone can be at ease and avoid fakes. here are my checksums from the original file i downloaded back in the day and still use now. i posted it before but here it is again. of course trust no one, dyor but our sha256 checksums match as you can see. not tthat means you shouldnt look into it further. this is the one i use, its the original from back in the day (BUT DONT TRUST ME EITHER) OhGodAnETHlargementPill-r2.exe 447 KB (458,240 bytes) May 01, 2018, 10:55:28 AM and the hashes for the above executable: MD5
1351BF58A407FA5F89A6613E00A2E9DF SHA-1
547BAE93C4437183E9D3176D226AFAC20AF287E9 SHA256:
1261052E34B3205DC04F5DD9E4B76D2649DBCDA738DC8E2665B07F56D659E716 SHA512
38AD312442031871AC73A8FAD87FDF0D02900764CAA697BF3DCBD6B13C35E42CE32F1FA729BF09B4830C8F265054201256BAA1E7B1D51730EFB4BDDC6A3E4BA9
again TRUST NO ONE EVEN ME. and while its the one ive used from the very beginning (long before it was taken down for reasons) USE AT YOUR OWN RISK (if you can find it obviously) perhaps others who have it will also post the hashes of their (hopefully known good) executable to confirm my hashes. and no, i will not post it anywhere as im not sure of the legalities, sorry. just posting the hashes for others to verify they have the one that i have (and i got it from the source back in the day). edit: it does seem to still give a slight boost on my 1080tis on eth even with custom straps via the miner. but its not as good at increasing hash as it was. |
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Now that India has wisely banned bitcoin, we should see many strong countries follow which will only hasten the confirmed collapse of bitcoin.
my body is ready for maths and science to do its thing. |
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...I finally got around to adding an 8TB mirrored array to my server
You must know your stuff about hard drives. Are SSD hard drives less reliabe than spinning disk ones? Someone here recommended avoiding SSDs for storing important stuff. not richy but ill give my (more or less useless) opinion based on my zfs and raid stuff as well as having SSDs since the intel X-25 SSDs. (2007 or so) spinners are great for long term storage especially when not powered for long periods of time (years) which admittedly is not common in a NAS. but more importantly if they fail they can often be recovered with specialized equipment. when a SSD goes its tends to be gone with no real way of recovering data. they are supposed to die in a read only mode but i have had 2 SSDs die in 10 years or so with no way to recover (hooray for backups!). and NO spinners die in that same timeframe although i lost a couple maybe 20 years ago. the key to long life on spinners is to never turn them off imo. for me its now its all mirrored drives (desktops) or ZFS level 2 (? i think its Z2 have to check) for important stuff on the NAS (my Z2 is 4 spinner drives any 2 can die) and Z1 (3 SSD drives, one can fail) plus a mirrored set of external USB spinner drives for (more or less) easily replaceable media. and kinda an experiment to see how far i can beat those externals as i do a full scrub every week on all pools. all in a freenas box that backs up to another freenas box thats off line except for that backup process. so for me, i use spinners for important long term storage. safer as there is a chance of recovery if the drive goes belly up. also for a NAS please use ECC memory! i will be happy to be proven wrong on any of this however. |
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under 60k USD.. poor again
anyone what to go in on a pallet of ramen noodles?
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i have no "exit plan/price" unless you mean an exit from fiat.
my plan is simple: i sell if and when i need to, at whatever price it is at the time and cash in as little as possible.
for example i sold enough years back to retire and that took a good chunk. and i do try to cash out enough periodically to have a cushion for a couple years for when the bear market returns. and while i try to time it for decent prices ive long learned that timing an accurate top is not my thing.
so exit strategy? ah no. its the "stay in the game" strategy that matters.
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