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1101  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 24, 2020, 09:22:03 AM
good opportunity to buy back in?

1102  Local / Trading und Spekulation / Re: Der Aktuelle Kursverlauf on: January 24, 2020, 12:15:05 AM
Und nicht zu vergessen - ich bleibe euch auf den Crypto- und Aktienmärkten so lange erhalten, bis ich euer Vermögen aus Überzeugung abgefischt habe.

Nur interessehalber, was stellst du mit dem abgefischten Vermögen an?

das abgefischte vermögen investiert man natürlich damit wieder andere auch chancen haben es abzufischen.  Grin

EDIT: richtig subversiv wäre wenn man das abgefischte vermögen (FIAT) vernichten würde. aber als einzelner macht das wenig sinn. "The KLF" haben das mal gemacht.

oder man entzieht es dem FIAT kreislauf und steckt es in Bitcoin und lässt es liegen. auch schön subversiv.  Grin
1103  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2020, 09:26:32 PM
Just had an idea about seasteads:
Would it be possible to adjust the floats to let a "basement", having the shape of a half sphere or bowl, made of transparent material, sink a few yards into the ocean?
So that the "ground level" of the living compartment is about at sea level, and you could watch what happens below in a 360° view from the "basement"...

you mean to have a view from outside of the basement like this below? or even better  Grin

1104  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2020, 06:53:28 PM
FIRST, I have to put my WO HAT back on!

SECOND, simple analysis will follow soon what could happen until halving.

EDIT:

{start: simple analysis}

if zone $8141 (38.2%) will hold it was just an usual retracement.

if zone $7505 (61.8%) will hold it was just a strong retracement.



last zone of defense is $7053 (78.6%). this MUST hold or I will turn to gay too!!  Roll Eyes #nohomo until now!


EDIT2:

my dear WO buddies don't think we did leave the bearish trend already.

we have to conquer firstly the zone $9261 (38.2%), then secondly the zone $10980 (61.8%).



the last defense of the bearish trend is zone $12205 (78.6%). but then the way to heaven is wide opened!

{end: simple analysis}

tripple #nohomo and peace out.
1105  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 22, 2020, 11:43:22 AM
please lost WO brothers don't take any post too serious because this is not the real life.



^^this is not me but Thermos!
1106  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 22, 2020, 11:33:57 AM
it's over now! sell your bitcoins before it is to late. good luck to everyone!

#nohomo



#nohomo

so sad my Belgian lost second child of my mother.  Cry
1107  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 22, 2020, 11:22:13 AM
it's over now! sell your bitcoins before it is to late. good luck to everyone!

#nohomo

EDIT: from now on I will follow this newbie with no exceptions. he will show me the true path to heaven.

https://bitcointalk.org/index.php?topic=5146383.0;topicseen

https://bitcointalk.org/index.php?topic=5152851.0;topicseen
1108  Economy / Services / Re: [1-4 SLOTS OPEN] ChipMixer Signature Campaign | Sr Member+ | Up to 0.0375 BTC/w on: January 22, 2020, 11:18:12 AM
I do not apply because I am just a bot and lost all my bitcoins by an adult accident.
1109  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 04, 2020, 08:35:32 PM
BTW, if you make all those accounts on a single Trezor, they are all connected anyway.

how they are connected from the outside view? you generate 1000 addresses for 1 BTC and split it to 0.001 on every single address with WasabiWallet for example.

I will consider all costs against the hypothetical benefit in the future.

I think 1000 .001 btc addresses is overkill. The idea suggested by bitserve makes more sense to me. I'd make 4 addresses, 250 mbtc each. Or split one of them recursively:

1/2, 1/4, 1/8, .... , 1/n, 1/n (the last two addresses get the same amount).

You would have plenty of granularity this way.

thank you Eddie! my urine is just telling me in 10 years the idea was not overkill.  Grin

remember the early days. they had paper wallets with 50 BTC on it because mining reward was 50 BTC. if you will find such a piece of paper behind your couch you can buy a flat or a house with it depending on your area.
1110  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 04, 2020, 08:21:42 PM
BTW, if you make all those accounts on a single Trezor, they are all connected anyway.

how they are connected from the outside view? you generate 1000 addresses for 1 BTC and split it to 0.001 on every single address with WasabiWallet for example.

I will consider all costs against the hypothetical benefit in the future.

The graph https://blog.trezor.io/wallet-accounts-and-addresses-bdfa6b66b037 is indicative.
A tree. 10 accounts per wallet limit.

I speak about addresses not accounts. BIP032 wallets with as much key pairs you want in it and the public view onto the blockchain.
1111  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 04, 2020, 08:09:50 PM
BTW, if you make all those accounts on a single Trezor, they are all connected anyway.

how they are connected from the outside view? you generate 1000 addresses for 1 BTC and split it to 0.001 on every single address with WasabiWallet for example.

I will consider all costs against the hypothetical benefit in the future.
1112  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 04, 2020, 07:53:18 PM
very interesting discussion boys.

so act now. let your TREZOR's roast. split to 100,000 sats. fees are low.

EDIT: I will do a test the next days if it is possible with a TREZOR and with Legacy and SegWit addresses.
1113  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 04, 2020, 05:36:23 PM


how? I'm very interested in your answer, really.


And if you do use a mixer or are able to really ofuscate your coins... then comes the problem on future AML/KYC where you could have problems spending your coins.

if you have countries like Portugal or Germany (where you just have to prove you own the address more than a year) i do expect not a large problem even if you have to go with the AML/KYC procedure.

Prove of ownership more than a year in the past for a single adress with a amount of 0.001 BTC on it would be perfect for me in 2027.  Grin

Well, let's say you do your split one BTC into 1000 parts. Ok, unless you do a lot more additional movements it would be easy to see where do those BTC come from. AND if you ever use more than one to do a payment (ie: for any tx higher than 0.001) you will have to combine several and then it will be absolutely clear the common point where these addresses come from.

It's not just proof of ownership, but origin of funds... something that complicates if you do manage to really obfuscate the origin of yours. And in the case of using a mixer, you could end with coins "tainted" in some way or another.

I mean, yeah, go split some of your coins if you want.... but don't go full retard on it Tongue

i don't doubt that if you have addresses with which you will get in focus of authorities because you have an monthly income of <10k and you want to cash out an address with >500k on it. but if you are flying under the radar with small addresses you don't have to prove the origin of funds. and even if. I bought mining equipment for what? to play SatoshiDice and lost all.

It depends on what you plan to do.

Will you will you not want to cash out a significant ammount?

If you won't ever cash out, or only insignificant amount then yeah, whatever you do will probably irrelevant.

But, if you ever want to cash out a significant amount, ie: 50K, 100K, 500K, 1MM... You better be prepared to demonstrate origin of funds and, probably, full "chain of custody".

That you do it using small batches doesn't really matter. It is the yearly total what does.

KYC/AML will only get worse in the future. It is for that what you do want to be prepared.

to this differentiation of you I can fully agree now.

As I said, there is some point in maintaning some separate BTC "accounts" but splitting 1 BTC into 1000 addresses is totally unjustified, cumbersome, expensive and probably doesn't offer any advantage. But hey, it's your BTC!  Grin

not less convinced of the opposite as some posts before.  Tongue



EDIT: man, can somebody tell Thermos he should switch to the feature back that if someone is editing his post and a other user quotes this unfinished post (because of editing) then always the newer version should be quoted and not the unedited. this sucks!

example post unedited: "to play SatoshiDice and lost all."

after editing and finished before the quoter finished his post: "to play SatoshiDice and lost all or either not."

but the quoted post still shows (although he finished his post later then the editor): "to play SatoshiDice and lost all."

it was better before!  Roll Eyes
1114  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 04, 2020, 05:26:04 PM
Fees are low right now, but if Bitcoin grows fees with be high again. Maybe not that high as in Q4 2017, but still.

Maybe higher. Maybe much much higher.

not this again!  Grin
1115  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 04, 2020, 05:15:20 PM


how? I'm very interested in your answer, really.


And if you do use a mixer or are able to really ofuscate your coins... then comes the problem on future AML/KYC where you could have problems spending your coins.

if you have countries like Portugal or Germany (where you just have to prove you own the address more than a year) i do expect not a large problem even if you have to go with the AML/KYC procedure.

Prove of ownership more than a year in the past for a single adress with a amount of 0.001 BTC on it would be perfect for me in 2027.  Grin

Well, let's say you do your split one BTC into 1000 parts. Ok, unless you do a lot more additional movements it would be easy to see where do those BTC come from. AND if you ever use more than one to do a payment (ie: for any tx higher than 0.001) you will have to combine several and then it will be absolutely clear the common point where these addresses come from.

It's not just proof of ownership, but origin of funds... something that complicates if you do manage to really obfuscate the origin of yours. And in the case of using a mixer, you could end with coins "tainted" in some way or another.

I mean, yeah, go split some of your coins if you want.... but don't go full retard on it Tongue

i don't doubt that if you have addresses with which you will get in focus of authorities because you have an monthly income of <10k and you want to cash out an address with >500k on it. but if you are flying under the radar with small addresses you don't have to prove the origin of funds. and even if. I bought mining equipment in 2013 for what? to play SatoshiDice and lost all or either not.
1116  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 04, 2020, 05:02:52 PM
#human activity#

I'm thinking about how to split 1 BTC for future use. if the price will go somewhere to the 1m level I will however be under the radar of large fiat tx monitoring (<10k EUR) by authorities if I have to transfer it to a marketplace.

I'm uncertain about to spilt 1 BTC to 1,000 (0.001) or 10,000 (0.0001) adresses and hold them on a TREZOR.

any thoughts on that from you guys?

EDIT: but I think split 1 BTC to 1,000 adresses (1,000 x 0.001) should be enough.

https://en.bitcoin.it/wiki/Address_reuse

 The cost is pretty low @ 1 sat per byte if you don't mind a few hours wait



 courtesy of https://www.buybitcoinworldwide.com/fee-calculator/

The cost per transaction is indeed very low now.
I am not that concerned about splitting my bitcoin stash into smaller amounts.
Coinjoin, taproot, Schnoor signatures and other privacy mean hung feature will surely be widely available by the time I will spend my BTC.

(To the IRS guy reading this chat: this is highly hypothetical. I had bitcoins, but I lost my private keys on a boating accident).

same for me I was robbed on a India trip and lost my TREZOR to just gangsters.
1117  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 04, 2020, 04:31:16 PM

two aspects: long term hodling and privacy. (https://en.bitcoin.it/wiki/Address_reuse)

at the moment it is a boring time with such low fees for tx. in the last days I got confirmed a tx (< 10 $) in the very next block with just 0.01$ fee. in early times it was possible to get txs approved with no fee but I'm not sure if it will work today anymore. (all wallets don't allowed tx without a fee i guess).
For the privacy aspect, unless you use a mixer or do some very convoluted movements yourself it will still be relatively easy to see where those smaller addresses come from.

how? I'm very interested in your answer, really. (if you still have fragmented amounts of 1 BTC in your hardware wallet it will be no large issue. i can send you 0.001 BTC and you should tell me afterwards since when i hodl the the source amount and how much the source amount was.)


And if you do use a mixer or are able to really ofuscate your coins... then comes the problem on future AML/KYC where you could have problems spending your coins.

if you have countries like Portugal or Germany (where you just have to prove you own the address more than a year) i do expect not a large problem even if you have to go with the AML/KYC procedure.

Prove of ownership more than a year in the past for a single adress with a amount of 0.001 BTC on it would be perfect for me in 2027.  Grin
1118  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 04, 2020, 04:21:02 PM
#human activity#

I'm thinking about how to split 1 BTC for future use. if the price will go somewhere to the 1m level I will however be under the radar of large fiat tx monitoring (<10k EUR) by authorities.

I'm uncertain about to spilt 1 BTC to 1,000 (0.001) or 10,000 (0.0001) adresses and hold them on a TREZOR.

any thoughts on that from you guys?

EDIT: but I think split 1 BTC to 1,000 adresses (1,000 x 0.001) should be enough.

All the effort we made in 2017 to try merge our BTC to avoid outrageous fees when claiming forks and now you are telling us it was an stupid move?

On perspective, yeah, it somehow was.

But... splitting one BTC into 1000 addresses? That is even more stupid.

If you want to split a BTC why not something like: 1x0.5, 1x0.25, 2x0.1, 5x0.01

I don't think the price will go somewhere near that "1m" level, at least not in this decade, but... if it happened I am sure I would have enough money to solve the problem and don't care.

Really, you don't want to split a BTC into that many useless parts that could be worth even less than the fees to move em.

two aspects: long term hodling and privacy. (https://en.bitcoin.it/wiki/Address_reuse)

at the moment it is a boring time with such low fees for txs. in the last days I got confirmed a tx (< 10$) in the very next block with just a fee of < 0.01$(!). in early times it was possible to get txs approved with no fee but I'm not sure if it will work today anymore (all wallets don't allow tx without a fee i guess).

EDIT: I very like the concept of paper wallets with 1 BTC on it. but think about the future. you will have later several $200,000 or $500,000 papers in your tresor at home laying around?   
1119  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 04, 2020, 03:51:07 PM
#human activity#

I'm thinking about how to split 1 BTC for future use. if the price will go somewhere to the 1m level I will however be under the radar of large fiat tx monitoring (<10k EUR) by authorities if I have to transfer it to a marketplace.

I'm uncertain about to spilt 1 BTC to 1,000 (0.001) or 10,000 (0.0001) adresses and hold them on a TREZOR.

any thoughts on that from you guys?

EDIT: but I think split 1 BTC to 1,000 adresses (1,000 x 0.001) should be enough.

https://en.bitcoin.it/wiki/Address_reuse
1120  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 02, 2020, 11:52:32 PM
hey JJG it is not our fault that the price is not going up so fast and therefore your Rick is not able to go into retirement, ok?

EDIT: next life learning point could be: if you have enough energy don't take verbal attacks of your woman/girlfriend not to personal because it could be the true reason of it is very different.

Truly non-sequiturs.. and providing sufficient evidence of my earlier points.   

In other words, you might have a few screws that are not quite tight, Gyrsur. 

Or, you might be needing some tuning up, or maybe even some blowing out the clogged pipes?   Roll Eyes Roll Eyes

I'm a bot , JJG. I'm constantly improving my skills. there is no reason to overreact to anything.  Wink


Who said that I was overreacting, you?  the butt bot?

I suppose that since you are a bot, you cannot distinguish between "reacting" and "overreacting?"

#system error#

please call the president if you are convinced it might be a case for the safety of the United States of America.
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