Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[BlindMayorBitcorn]

Whereof one cannot speak thereof one must remain silent.
-Selma Hayek

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[kurious]

Disclosure: I am googling serious security options. And getting a little paranoid.

tool is important : https://www.youtube.com/watch?v=3bOVOqccmw0

Where I live guns are not easy to get hold of (thankfully) as I am not in the USA.  I am looking at fireproof safes, cameras and other things (like paper wallets with a few in, but not many) I can give up if pressed that don't give away the real stash.

I already have property I have bought overseas and some development land I have picked up, so I know if I lose the lot, I will still have something left from this ride, no matter what happens. I am getting tired of worrying about private key security and how I leave instructions for my family that they will understand (if anything happens to me).

I gave them $100 of Monero way back and it went up massively, so they all understand a bit (I gave them it when it was around 30c a pop) so they do realise it's become a lot of money!  But they are slow to get the 'this is your private key - if you let this become unsecure - you lose it all' bit.  What can you do?

If it goes up to 25K a coin, I will cash out a fair bit - buy a beautiful Aston Martin and make a really complicated will!

[bitserve]

Disclosure: I am googling serious security options. And getting a little paranoid.

tool is important : https://www.youtube.com/watch?v=3bOVOqccmw0

Where I live guns are not easy to get hold of (thankfully) as I am not in the USA.  I am looking at fireproof safes, cameras and other things (like paper wallets with a few in, but not many) I can give up if pressed that don't give away the real stash.

I already have property I have bought overseas and some development land I have picked up, so I know if I lose the lot, I will still have something left from this ride, no matter what happens. I am getting tired of worrying about private key security and how I leave instructions for my family that they will understand (if anything happens to me).

I gave them $100 of Monero way back and it went up massively, so they all understand a bit (I gave them it when it was around 30c a pop) so they do realise it's become a lot of money!  But they are slow to get the 'this is your private key - if you let this become unsecure - you lose it all' bit.  What can you do?

If it goes up to 25K a coin, I will cash out a fair bit - buy a beautiful Aston Martin and make a really complicated will!

If you want to ease things for your heirs, buy them or tell them to buy and learn to use a hardware wallet. If you have a considerable stash you may have it distributed over several different hardware wallets (same or different brands).

About the fireproof safe.... If you are intending to store the "single" copy of yours keys... remember that no fireproof safe is really safe nor completely fireproof. Redundancy is key here. Offsite "backups" are a need. Also for storing things long term it is better to bury them into the walls, floor, or whatever even if you already have a safe. If buried well enough, even if you get hijacked and tell them where the "stuff" is, they will need time, tools, and a lot of noise to retrieve it.

About the security cameras, make sure they run on their isolated vlan and if you do ever intend to access it from the outside use an VPN access at home. Never ever let those buggy devices share the same lan segment you do use for your "crypto" things.

25K sounds like a lot right now.... but not as much as 3K would have sound before 2013. Time will tell.

[leowonderful]

Try to store mutiple wallets with small amounts of Bitcoin that you can easily recover and combine if needed, but don't divide the coins up into too small amounts or it will become a major hassle to get the coins back. Try to make it so you are okay with losing some coins in the event of the or natural causes; just don't put all your eggs in one nest.

[JayJuanGee]

Thanks, empowering.  This information seems like it could be a very good thread - but maybe it is equally fine to just have it in this thread?  

No probs JJG ....and it is in this thread...so I guess it is fine.

I agree, when you do the work of putting together the substance (in a readily digestible style, I might add), you certainly maintain considerable discretion regarding how to employ and publicize your work-product.. and here is lovely.. I will look certainly look out for it.. and I also add that it seems much better and on-topic than the ongoing, repetitive and stupid-ass Precious Metals/hate-mongering posts from our current resident hater and PM pusher.   

[WiiD]

You guys smoked too much weed or why so paranoid?

I have my BTCs on a safe offline wallet since 5 years. Never an issue. Why make so many wallets? Why not distribute copies of one wallet well?

[marcus_of_augustus]

here it comes again ... waves spotted on the horizon, coming from land of the rising sun, surf's up.

[infofront]

Breaking News: A sudden shortage of hookers and blow has rattled Wall Street, as a bunch of nerds and anarchists around the world look for fun new outlets for their newfound wealth.

[sirazimuth]

Oh shit !

$3,420 !!!

and that doesn't include the extra $300.00 bonus for those other coins things....

[Paashaas]

Segwit lock-in today...nice

Most likely we'll be seeing a new ATH today!

[r0ach]

I get a little nervous when MSM starts actually turning pro-bitcoin. I always think, "Why are they suddenly promoting it? What's in it for them?"

Congratulations for being the only non-idiot in the thread.  Bitcoin is a tool for them to try and keep people out of the highley strained metals market only being propped up temporarily by rehypothecation while also helping acclimate people into the de-cashing of society and integration into a cashless society control grid.  They'll allow bitcoin to go up a bit then mercilessly implode it and claim "Oh, so sad, that darn bitcoin is just not dependable and was used by too many launderers and criminals anyway.  We'll have to issue a government coin that's much more dependable with built in KYC so people won't lose money!"  

Too bad for them this plan doesn't work.  Western investors are literally mentally retarded and metals demand drops off a cliff when the price is low while demand is huge in the rest of the world like China right now.
Westerners always jump in to FOMO buy at the top and don't buy anything at the bottom.

[xhomerx10]

I get a little nervous when MSM starts actually turning pro-bitcoin. I always think, "Why are they suddenly promoting it? What's in it for them?"

Congratulations for being the only non-idiot in the thread.  ...blahda blahda blah...

 xhomerx10 chuckles to himself in an idiotic manner as he watches r0ach out himself as a member of the idiot club.

[AlexGR]

Too bad for them this plan doesn't work.  Western investors are literally mentally retarded and metals demand drops off a cliff when the price is low while demand is huge in the rest of the world like China right now.
Westerners always jump in to FOMO buy at the top and don't buy anything at the bottom.

It has a lot to do with currency stability. People in developing nations value metals because they outperform their national currencies in the long run. It's more like a defensive medium against inflation and currency devaluation rather than an investment - although it's both. In Greece, british gold sovereign coins were pretty widespread as a form of value-storage, before the euro. Then the euro came and it was considered stable enough to almost eradicate the "habit".

[r0ach]

The relationship between the chosen people and the rest of humanity has been...complex.

It is possible to recognize the over representation of a certain ethnicity at the top of the fiat pyramid without the pathetic display of ignorant hate exemplified by the ignored one.

The history is very long, and painful for both sides, only through dialog based on fact can humanity hope to move forward on this.

^Spoken like a true cuckold.  This has been a huge problem for thousands of years now and even if one generation of Jewish usurers and thieves dies off, they are immediately replace by a new one.  They always form a state within a state of their host nation then try to undermine and practice usury against them until you get rid of them.  It's a never ending cycle.  

At some point you have to recognize that if they refuse to police their own kind, you're required to make the Machiavellian choice of:  Okay, it's either going to be us or them.  Do I want to be a slave forever or get rid of them and live free?  This was the basis of the so called "final solution".  If you just throw one of their Bernie Madoffs in jail it doesn't even put a dent in them so that's pointless.  If you expel their entire population from your country - as so many people have done over 100 times now - they just take over a new country and use that population as cannon fodder to go to war against you based on their usual schemes and lies.

It is clear you have already acknowledged the Jewish problem in your own post.  Your only problem is that you're not a man, you're a cuckold, and would prefer to live as a slave rather than face the unpleasantries of dealing with the slave masters.

[eXpl0sive]

[deepcolderwallet]

ALL TIMES HIGH!!!

$3449 ON BITFINEX.

[Mrpumperitis]

ATH AWESOME 

[Elwar]

I still see 112 blocks needed for lock-in on xbt.eu

Was worried about a double top when the price stopped at yesterday's high. But it jumped through easily.


Yesterday I was watching the movie Dope while I had the price ticker next to the TV showing "All Time High". Pretty sweet.

Then I watched Money Masters where they made mentions of the price being $400. Some guy bought a 1mBTC coin and said the coin was pretty cool as a collector's item but it was only worth pennies.

[deepcolderwallet]

91 Bitcoins Wall spotted @ Bitfinex @ $3450

[MICRO]

This topic is no longer active as a while ago... Are we waiting for 10000$ ?