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Question: Closing BTC Price June 17:
$0 - 4 (3%)
<$6,500 - 7 (5.3%)
$6,500-$6,750 - 1 (0.8%)
$6,751-$7,000 - 2 (1.5%)
$7,001-$7,250 - 3 (2.3%)
$7,251-$7,500 - 6 (4.5%)
$7,501-$7,750 - 4 (3%)
$7,751-$8,000 - 12 (9.1%)
$8,001-$8,250 - 13 (9.8%)
$8,251-$8,500 - 7 (5.3%)
$8,501-$8,750 - 6 (4.5%)
$8,751-$9,000 - 11 (8.3%)
$9,001,$9,250 - 13 (9.8%)
$9,251-$9,500 - 17 (12.9%)
>$9,500 - 17 (12.9%)
$20,000 - 9 (6.8%)
Total Voters: 132

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21229024 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (66 posts by 16 users deleted.)
DeathAngel
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January 12, 2019, 10:10:40 AM
Merited by BiteMyShinyMetalAss (2)

In January 2017, after 3 years of hodling, i really wanted to sell all my crypto and have a good night sleep and normal life. But I didnt. Now, i have the same feeling, just sell all crypto and finally sleep peacfully. But i wont... Maybe the end is near, maybe we wont go to 1k.
e

It will all be worth it in the not too distant future. I’ve been HODLING since 2015, there has been lots of times I want to sell it all & stop wasting my life checking the price. I really think we’ll see over $50,000 per bitcoin after the next halving though. I’m probably going to sell a large portion then & buy a big house & retire.
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tinova79
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January 12, 2019, 10:16:24 AM

This is what I use:
https://imgflip.com/i/2qxztc

Yeah, cost me $3718.

In fact nearly $20k at one point...

Here is what I use:

https://i.ibb.co/Ht291qc/IMG-7568.jpg

Cost me a few satoshis and I've been saving my bitcoins on it since last year. I don't see the point of hardware wallets if you are in bitcoin to hodl them.

To spend them actively i would still use my iphone for the job insead of hw wallets since I would carry my wealth in a paper wallet and my play money on my phone. But most importantly, it is just easier with a phone.

To me money spent on hw wallets is a waste. I would buy more crypto instead.

It's really all about the value of the amount you are storing, and therefore the risk.

Paper wallet is fine for smaller amounts, but...
- Where do you store the paper wallet safely
- What happens if you are burgled and the thief steals the wallet (wether or not they know what to do with it)
- Where do you store a backup, (and increase the risk of compromise)?
- What happens if your house burns down?
- Something gets split on the wallet and obscures the ink.
- 3 Years later, and you've simply lost the wallet, or thrown it out accidentally.
- When you spend the wallet and enter the address into a computer, are you 100% sure that computer is totally free from trojans/viruses, an attacker could   steal the funds on the happy day when you cash-out.

These risks are small (ish) but if you had $100k or $100m, they would be much more important.

A paper wallet requires multiple diverse location copies, but each copy increases the risk of theft, and you need to trust someone else to look after other copies (family?)
So you can securely split the secret (Shamir's secret splitting https://iancoleman.io/shamir/) , you can then choose how many parts of the total eg. 2 of 3 are needed to reconstruct the private key,
Then split it - 1 copy with a good friend or your lawyer, 1 with a family member, and 1 in your safe.
As its 2 of 3, 1 person can lose their key and its not a problem, and both the family member and friend need to collude to steal you coins.
You could of course increase this from 2 of 3 to any value such as 4 of 7, whatever makes sense to you.

When you come to spend the paper wallet, you should use a clean machine, install a new version of the OS ,and then only the wallet software.
I wouldn't use brand new software releases and I would check the authenticity of the code using release signing keys or hashes.

If you really want to do it properly, you should probably read Glacier protocol https://glacierprotocol.org/, it discusses all the risks and possible solutions, you can then cherry pick the things you think are important to you.

You want to also factor in your own death to the scheme. Making sure 'your' people know about, and can actually  get possession of the coins without you.



How do you secure your security seed? Honest question
VB1001
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January 12, 2019, 10:30:21 AM

^
This is the safest for your seed:

https://cryptosteel.com/
serveria.com
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January 12, 2019, 10:33:47 AM

No volume at all... nobody willing to sell at these prices? Bullish!  Cool
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January 12, 2019, 10:34:05 AM

In January 2017, after 3 years of hodling, i really wanted to sell all my crypto and have a good night sleep and normal life. But I didnt. Now, i have the same feeling, just sell all crypto and finally sleep peacfully. But i wont... Maybe the end is near, maybe we wont go to 1k.
e

It will all be worth it in the not too distant future. I’ve been HODLING since 2015, there has been lots of times I want to sell it all & stop wasting my life checking the price. I really think we’ll see over $50,000 per bitcoin after the next halving though. I’m probably going to sell a large portion then & buy a big house & retire.

I took a nexo loan so could enjoy my life a bit now, and wont need to sell BTC and go back to work, but damn, this bear market is getting on my nerves!
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https://youtu.be/snILjFUkk_A


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January 12, 2019, 10:35:31 AM


How do you secure your security seed? Honest question

Writing/engraving it down in multiple places of trust. No photos are allowed.
Also switching around a couple of words, would "secure" the seed in the event of an intruder finding it.
Need to remember which words of course.
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Per securitatem consilio


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January 12, 2019, 10:43:07 AM
Merited by PoolMinor (1), Last of the V8s (1), Kylapoiss (1)

Had my 24 word seed tattooed along my penis, the burglar will have to impress me somehow before they can steal it.
micgoossens
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January 12, 2019, 10:44:17 AM

Had my 24 word seed tattooed along my penis, the burglar will have to impress me somehow before they can steal it.

so if its wrinkled they have to get it HARD as well to read them all ?
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January 12, 2019, 10:53:06 AM

Had my 24 word seed tattooed along my penis, the burglar will have to impress me somehow before they can steal it.

That would mean that your seed is already compromised  Grin


so if its wrinkled they have to get it HARD as well to read them all ?

W...E...N...D...Y

WELCOME TO JAMAICA AND HAVE A NICE DAY!
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January 12, 2019, 10:54:44 AM

Does nobody keep their coins in their passphrase protected wallet.dat

I’ve never had any issues. I only use that laptop to store my coins. Never had a problem, I do no other tasks on it, it helps that I’m not an idiot who clicks suspicious links & downloads movies/torrents etc.

I’ve seen some sad stories on here over the years of people losing their life savings, it’s neaely always major user error though. People downloading bogus Electrum wallets, trying to claim shit coins etc.
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$100,000 BTC in one hour🍄💊


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January 12, 2019, 10:55:55 AM

I was expecting a 200$ PUMP Roll Eyes
I failed. Forgive me Smiley
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January 12, 2019, 10:56:51 AM

I was expecting a 200$ PUMP Roll Eyes
I failed. Forgive me Smiley
Check the threads something new popped up Roll Eyes
HairyMaclairy
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January 12, 2019, 11:13:56 AM

So, while things are not in the bull zone yet, do you not think it 'possible' (as my hopium-addled brain thinks) that this is finally the beginning of the end?

Yes it is definitely the beginning of the end.  The problem is, "the end" is quite a large mind space.  It will likely take up most or all of the 2019 calendar year.  

Personally, I am thinking a dull sideways, but slowly upward grind (sure, with fits and starts) from here to the end of this year. Not a bull run yet - but past the definitive end of the bear market.  

Too optimistic for me.  We have no foundations on which to build a bull run yet.  And we need to break the bearline.  Those foundations could form tomorrow, but they are missing for now. 

I think too many people would rather buy at 3XXX and risk it dipping than be forced to buy at 4K or 5K if Bitcoin has a French Weekend when they aren't watching.

Yes, it is critically important to be hedged against the upside.  

If there is to be a new ATH, according to pattern - with the order of increase we saw between the last two, then (to extrapolate) what is the difference buying at 3K or 2K if it might hit 50K inside 2 years?

I have said before, we could hit $280k by December 2021.  I still think this is possible.  
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January 12, 2019, 11:18:18 AM


How do you secure your security seed? Honest question

Writing/engraving it down in multiple places of trust. No photos are allowed.
Also switching around a couple of words, would "secure" the seed in the event of an intruder finding it.
Need to remember which words of course.

Thanks for the reply!

So isn't the same securing a paper and HW wallet?
micgoossens
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January 12, 2019, 11:19:35 AM

Come on WO’s

https://bitcointalk.org/index.php?topic=5096275.0

Please not to bearish HM Roll Eyes
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January 12, 2019, 11:23:40 AM



You are the last person on earth (besides JayJuanGee) qualified to determine whether Lightning Network is a scam or not.  It does not matter how you attempt to spin it, Lightning Network is an exact replica of the current banking system that already exists with all of the same negatives.  It would be the banker's greatest dream for everyone to use Lightning Network.  

There's too much to explain about why it's complete garbage, but just one example in particular involves transaction validator nodes.  In the base bitcoin model this is going to be the miners and the miners are required to compete in terms of economic soundness and efficiency in their operation.  Since the state is the bankers, they can then implement huge red tape and regulation, killing off any 'hobby' miners or really any competitors in general except themselves.

So it's pretty easy for the banks to completely control bitcoin already as is with blacklists and everything else, turning into a complete dystopia, but they do have at least some small inconveniences in their way.  With Lightning Network, there IS NO hashing for them to do, they can simply regulate everyone else out of existence with red tape, then they control ALL Lightning router nodes and collect their vampiric usury fees off every transaction with no skin in the game.  In other words, there's ZERO difference between that and current banking.  Banks collect infinite interest by taking a cut of every transaction with no skin in the game and own the planet.
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January 12, 2019, 11:25:30 AM

^
To quote me other thread THX in advance
Troll r0ach
micgoossens
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January 12, 2019, 11:33:49 AM

^
add a price Maybe..... its a good way to get back into BTC perhaps
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January 12, 2019, 11:34:09 AM

Had my 24 word seed tattooed along my penis, the burglar will have to impress me somehow before they can steal it.

Forget about burglar. stay away from Gold diggers  Grin
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January 12, 2019, 11:36:55 AM

[...]Lightning Network is an exact replica of the current banking system [...]

You have to upgrade your thinking.... Roll Eyes
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