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1281  Bitcoin / Bitcoin Discussion / Re: again a Bitcoin millionaire who forgot his password on: March 10, 2021, 01:27:53 PM
the thing that gets me is its only on that ONE flash drive. how can you trust that amount of money on a single device with no backups.

at least get several. and use different brands and/or media whenever possible.

i have a similar flash drive (it has a number pad to unlock it) and that code is stashed away in several places.

of course 20/20 hind site and all.. i really hope he gets it unlocked. as others said, hire someone from the factory or some other high tech way to hack it without the code.

1282  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2021, 12:39:14 PM
Updating the old graph... almost 1 year anniversary of the big crash...

Gold is heading back to 'normal' levels of $1600, while BTC is Off. The. Charts.



Wealth Manager: How is your Bitcoin thingy going then?
Me: Not bad. Do you remember when you asked me to buy $250 index-funds monthly and I said no?
WM: Yeah, I remember. I am sorry you didn't do that as we have a consolidated 12% yearly return.
Me: Yeah, you're right. I am sorry I don't know the exact figures of my btc yearly return as it is
Off. The. Charts.

heh i talked to my money guy a few weeks back. she just congratulated me on my corn. they of course wanted me to sell a good chunk when i 1st went with them years back and thats their job: to advise the risks and explain the safe bets. every visit we always yakked a bit about bitcoin as they were fascinated by it but of course that couldnt recommend it, to them bitcoin was in a risk category so far beyond what the normal risk categories they are used to that it needed a new word or something.

but it now turns out now their clients are asking them about bitcoin. lol. they are learning but they of course will have to go with something  approved and whatnot. thats if they jump in of course. they have their legal duty and requirements as a fiduciary adviser (if i got that term right).

i joke with them that i have the low risk stuff through them and have the high risk side covered in corn.
1283  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2021, 12:23:00 PM
FL/NH combo for the win (~6 mo in ea with a yearly winter trip further south to the Caribbean).
I have been to NH during summer-it is extremely nice (especially for a person who likes more moderate climate).
The air alone is worth it, plus other niceties, like plenty of clean fresh water.

Such combos are interesting option, for sure.

People often dream of one perfect place, but maybe having two places is better...

ive got some snowbird friends. they swear by it. and that options looking pretty good to me now too.
1284  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2021, 05:46:14 PM
words words words

gimee the tl;dr  we are rich again?
1285  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2021, 11:12:08 AM


bold of them to think my internet can hit even 1/10 of my wifi speed. if that.

*cries at my 4g modem with its crappy signal out here in the sticks*
1286  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 09, 2021, 10:46:17 AM
I love Golden Bull Runs.  Cheesy

~54k USD

yeah thats a nice way to wake up.


1287  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2021, 07:02:09 PM
People always said that buying is better than mining (and they have been right almost all of the time), but where's the fun in just buying?

When you're an ex-miner, recognize how unprofitable and a pain in the balls it is to run a mining operation, end up doing the math on a miner + electricity + Time to ROI... fuck the fun.

Time is money. Cheaper to buy what you would spend on a miner now, than what it would likely generate 18 months from now, IMO.

Unless you have cheap or free electricity, I don't see the benefit of mining right now vs just buying corn outright.

true now, but back in 2011 i sure wasnt going to hand over my ID and such to sketch af exchanges to buy corn. so i mined coins directly as it was safer from an identity theft point of view. no giving out info, just mine direct to my wallet.

so i did mine at a loss for a while (a year maybe? that looooong period that it went from $35 to ~$2 USD in 2011-2012 or so) but not much of a loss as opposed to straight up buying, perhaps a 20% premium?  but then again i was used to doing folding@home and SETI, both which cost money (electric cost plus buying dedicated hardware that folded) and provided absolutely no return at all aside from the warm fuzzies from supporting science and medicine.

and that mining at a loss in the 2011-2012 timeframe sure paid off bigly now of course. VERY bigly.

today is of course different.
1288  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2021, 05:07:49 PM
[Multple stuff]

Just a quick note but when combining multiple posts, it is better to put the items in the new post rather than the already existing one (then delete the existing one) lest those who have already seen your original post miss it when looking for "new".

bold of you to think people dont want to miss anything jjg writes

*ducks*
1289  Bitcoin / Bitcoin Technical Support / Re: 8,000 bitcoin Lost because of the blue death screen. on: March 08, 2021, 02:40:41 PM
the core wallet in 2010 didnt use passwords iirc. that was added much later.

his only chance is to search for private keys in that mess as the file system is no help. as he has overwritten that drive many times from a (very) fast glance though what he has done, looks pretty bad.

do a full image of the disk. work only on the copy.

then use something to scan every single thing  on the drive that looks like a private key. raw sector reads for the raw data at this point is likely your best chance,
1290  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2021, 02:27:19 PM
soooo


  • is this number goes up day?

  • or number goes down day?

  • or number goes sideways day?

  • or honey badger doesnt give a fuck day?


inquiring minds want to know

edit: well not my mind really; i just sleep though all that crap
1291  Bitcoin / Bitcoin Discussion / Re: Your Life After 10 years in Bitcoin... on: March 08, 2021, 02:09:03 PM
my life after 10 years of bitcoin has taught me more than i ever wanted to know about fiat, the fed, central banks what sound money is (and is not).

of course im glad i learned it; what an eye opener.

peeps, start (keep) learning and stack those sats. its changed my life. it might change yours too
1292  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 06, 2021, 12:57:43 AM
Quote
What's your average Bitcoin buy price?

< $1
$1 - $10
$11 - $100        < ---   im here
$101 - $1,000
$1,001 - $2,000  
$2,001 - $5,000
$5,001 - $10,000
$10,001 - $20,000
$20,001 - $50,000
> $50,000
I don't own any.
I mined it all.
I mindrusted it all!

i mined mine back in the day (2011 to 2012) while the price went from 10 to 35 to 2. so ill do the 11-100 as the cost basis.

1293  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 04, 2021, 04:19:15 PM
There is another way to get you to geostat in 30min without using rocket fuel but it's pretty insane but doable.
Anyone from NASA can DM me  Wink

shot outta a cannon ala Jules Vern's From the Earth to the Moon?

obviously you can tell im not NASA lol
1294  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 04, 2021, 01:45:21 PM
You need a counterweight to stop it all coming down to earth  Roll Eyes

yup, geosync orbit is the midpoint of the elevator. well, more or less. as you say it needs a counterweight further out so it doesnt need to be the actual midpoint. one can go with no real dedicated counterweight, just make the cable twice as long and use the mass of the cable itself thats past geosync as the counterweight.

i believe you can sling stuff off the far end too if its just cable past the geosync point. iirc.

but you know this of course, this is for those who havent looked into it.

didnt Arthur C. Clarke 1st came up with the space elevator concept?. Fountains of Paradise.
1295  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 04, 2021, 12:27:43 PM
Now, space elevators are another topic. We don't have the materials right now but fun stuff like if one collapsed, it would wrap around the world a couple of times (IIRC).

the circumference of earth is 24k miles. a space elevator woiuld need to be up probably 22k-26k miles. i guess it depends if this wrap would follow a circumference line or a smaller one. nice problem to think about. thx.

well not if youre in its path when it falls heh

as someone mentioned larry niven has written about them, both in essays and in his fiction. anything by him is good reading.
1296  Other / Meta / Re: Get Donator status by donating 10 BTC on: March 03, 2021, 12:28:05 PM
Maybe is it time for the price of Donator and VIP ranks to reduce? I know this has been discussed before but then again the price at that time was nowhere close to what it is now.

Please if not that, new rank roles??? Let's discuss!

I think it is fine not to change this at all.

We all know that it is so expensive to be a VIP here but that would be that member's decision and not ours.

If they can afford it, then they are a VIP. I think the VIP members are also thinking that 10 BTC in the past is just expensive as it is now. Spending 10 BTC for the said advantages or privileges is for them to decide.

no. i remember almost donating back in the day (~2012) and fiat wise it was WAY less costly. several thousand dollars USD vs what like 500 grand now
1297  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 03, 2021, 12:17:09 PM
I heard RPC (rusty pipe coin) performs the best. Find a guy named BabLawBlaw here in this thread he might send you some...  Grin

dont forget potential forks like rusty nails coin, rusty rebar coin and such. collect them all!
1298  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 03, 2021, 12:06:27 PM
Meth is a terrible drug for young teens. 

They flunk the Darwin Test.  Out they go, throw 'em back.

yes, its better for us old farts as it keeps our napping down to reasonable levels, plus weve already left our mark in the gene pool anyway.
1299  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 02, 2021, 02:33:30 AM
The charts kinda show 41K by mid April, then the rise will start again. Cheesy Cheesy

charts???

do you know where you are?

oh wait
1300  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 02, 2021, 02:29:09 AM

I smell $39K...   Cry  Shocked  Shocked  Roll Eyes  Roll Eyes


... you probably have CoVid

or dyslexia

cuz i smell 93k, not 39k
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