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

[Febo]

https://www.nextgov.com/emerging-tech/2019/03/us-marshals-want-help-disposing-virtual-currencies/155381/

Stored cryptocurrencies must be kept in a segregated digital wallet set aside specifically for the Marshals Service and must be safeguarded against “theft, human error, system failures and acts of God,” the documents state. The contractor must also be able to “brute force,” or be able to hack into, wallets that are “locked by error or technical difficulties,” enabling marshals to gain access no matter what happens.

On the disposal side, the winning vendor must be able to convert the digital currencies to physical money, either by exchanging directly to U.S. dollars, exchanging for more liquid virtual currencies and assets or through a sealed-bid auction. The contractor must also have a mechanism for returning seized assets to the original owners when required.

....

Has anyone made projections on potential permanent loss of Bitcoins resulting from seizure due to criminal activity over time?

Why would a seizure count as a permanent loss?  Those Bitcoins get auctioned. Yes luckily for them it takes years, specially in countries with slow court system, to actually auction them. But they are definitely not lost.

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[kenzawak]

https://twitter.com/danheld/status/1104379821864439808

[kenzawak]

https://twitter.com/APompliano/status/1104377573725925377

[Last of the V8s]

[JimboToronto]

Good morning Bitcoinland.

Other than a couple of minor wobbles we've been going mostly sideways with a slight upward drift... currently $3917USD/$5255CAD (Bitcoinaverage).
_____

Stuck in the frozen north for a few more days. Spring break is playing havoc with the airlines. Couldn't get a reasonably priced flight until Wednesday.

Gotta get back. Got work in progress that has to be done before the 26th.

In the meantime, go Bitcoin go.

[JayJuanGee]

Tech support here? my scroll wheel started smoking when reading this topic?

Submerge it in water, that should help with the smoking.

BLeh, I don't think drowning JJG would work. As I already said, he is antifragile.

More fragile than you might gather from the surface.  

I gave you merit for the brief, concise and to the point reply. That's the way to go

It's not going to work.     

[Last of the V8s]

Good morning Bitcoinland.

Other than a couple of minor wobbles we've been going mostly sideways with a slight upward drift... currently $3917USD/$5255CAD (Bitcoinaverage).
_____

Stuck in the frozen north for a few more days. Spring break is playing havoc with the airlines. Couldn't get a reasonably priced flight until Wednesday.

Gotta get back. Got work in progress that has to be done before the 26th.

In the meantime, go Bitcoin go.

Morning Jimbo

Hope it all fits in in the end.

Any chance of news from The Mayor?

[Toxic2040]

[Last of the V8s]

^

[Last of the V8s]

Who keeps deleting their posts. Dammit you cowards!

[JimboToronto]

Any chance of news from The Mayor?

Haven't heard from him in a coon's age.

Last I heard was when he last posted here.

Hope he's alright. He seemed a little down. Not the blithe joker we all knew and loved.

Hope he's turned things around.

[Last of the V8s]

Hope so too.
Dunno why, thought you might know him well enough to ring up and ask him

[JayJuanGee]

Hope so too.
Dunno why, thought you might know him well enough to ring up and ask him

Friendly folks in canada... they all know each other...

 just drop by on pretense to borrow some butter.

[JimboToronto]

Hope so too.
Dunno why, thought you might know him well enough to ring up and ask him

I only met him a couple of times, had a couple of beers at my local. Nice guy.

Friendly folks in canada... they all know each other...

 just drop by on pretense to borrow some butter.

LOL Actually that sounds more like where I am in Mexico. Super friendly people, hospitality galore.

"Mi casa es su casa."

Trumptards haven't got a clue.

[goldkingcoiner]

Who keeps deleting their posts. Dammit you cowards!

[Toxic2040]

^

Nous choisissons d'aller vers la lune.

[Biodom]

Which doesn't mean that University (even in it's current state) has no place at all, as anyone who needs someone or something to kick their asses to be productive can still benefit from them. But in most cases they just exacerbate the underlying problem that starts in elementary school. Namely turning curious and motivated kids into retarded unmotivated copy/paste drones.

Seems like being a teacher at American universities isn't very lucrative (this guy is also my favorite you tuber). https://www.youtube.com/watch?v=s7lGCPX_8nc

I watched that video. A cool guy.
Few points:

1. He is talking about security of a job mostly, not about the level of pay. Full time position, which is called either Instructor (if it is not tenure or tenure-track) or Professor is still relatively well paid in US.
Average is $114K a year (glassdoor number), but median is probably more like $80-90K. Yes, sometimes these are 1-3 year contracts, but it is OK, since most people around here don't have any job security whatsoever and could be fired on a whim (in my "right to work" state).

2. He is talking about teaching only job, which typically pays less because faculty oriented toward research (Natural Sciences) get some additional salary allocation from grants.

3. What he is not talking about, but certainly represents a crisis in my opinion, is the steady decline of intellectual capabilities of students and their ability to learn, comprehend and retain learned material.
Since I taught continuously since 2011, I am in some position to see this. The situation is simply catastrophic. Of course, there are always good/great students, but overall average is declining rapidly, which already resulted in publication of dumber textbooks, and even those are becoming too difficult for an average student to comprehend.
What is the cause? I don't know, but infatuation with phones/youtube might be causing short attention spans, easy distractability, etc.
People just don't have enough time to quietly contemplate more advanced thoughts.

Here is one study on the matter:
https://www.usnews.com/news/national-news/articles/2018-06-14/study-people-are-getting-dumber

If this trend would continue, then massive higher education would become either impossible or a laughingstock even from today's perspective in 10 more years or even less.
Remember the "Costco University"?

We will probably revert to a situation where only a small minority would have true higher education.
Maybe it is for the best, otherwise there is always an outcry for easier tests, grade curving, etc.
There was absolutely NO grade curving when I was a student rather long time ago.

[Lambie Slayer]

[edited out]

Bravo, that may have been your longest post ever. I am honored

NOT...   

You are on the money on most parts but as for the spin doctor part. Its an interesting conjecture on your part, but no Im not trying to influence the market. I cant imagine any situation where a few hundred posts over 5 years would ever have any influence whatsoever. Surprised you would even think I might bother attempting that but its still kinda interesting, I mean WO is the CEO of Bitcoin and all the banker bigwigs are probably reading this to learn about Bitcoin.

Some troll posters seem to have had those kinds of presumptions here, historically.  Though in recent months, it does seem to me that trolling here is generally down, unless they have gotten more sophisticated?    You guys have been replaced by bots, perhaps?  Cheaper for the lizard overlords to attempt to employ bots, and bots are getting smarter, too.

As for the last part. You wanted to know exactly why I believed the bottom was in. To give you an in depth and candid answer would require my fairly complicated trading/investing procedures that are very unorthodox and completely a product of my own sweat and creative energy over 16 years.

You think I would believe that level of bullshit explanation?  Get real... you almost deserve a batman/robin slap gif, for that comment.

By the way, I am not asking for any kind of "in depth" answer, just anything quasi-plausible would be better than your bullshit evasiveness about something so goddamned simple.

Its not about which TA metric did I willy nilly pick out of a book and I dont want to tell you which one it is. If I had copied it from someone else Id have no problem sharing it. Im being completely truthful about this, and I cant imagine why this would be hard to believe.

When posters use words like these:  "Im being completely truthful about this," it is time to run for the hills.

I would think that many people have developed unique ways to analyze available info without resorting to being a drone like Tone Vays and counting to 9 over and over. Its not so much its a trade secret and someone will steal it if I share all my methods, its more that I have no benefit to share them and dont feel like having to go through a tedious process of explaining things that would be time consuming for me to communicate effectively just so strangers on the web can critique them or whatever else they want to do. Answering your questions completely would be a major imposition on my time and privacy and doesnt benefit me in any way, so I politely declined.

Oh my!!!!   When I thought that the explanation could not get any worse.  It did.   

If it was a simple run of the mill answer like you gave example to above, I would be happy to share that, but its not so I declined.

I gave the example to show how easy an answer could be, and i don't see how responding could be any more convoluted than that, and your ability to make your answer (response) so stupidly convoluted shows your shit fulledness levels.

Pretty fair and reasonable and very believable if you can imagine that many people out there who are heavily involved in any activity such as trading, investing, making bbq sauce, cooking pies, running a business, etc. for over a decade might have come up with some unique insights, methods, and practices that they prefer not to put on display.

Even more nonsense.  If the above is not an example of overly nonsense, I am not sure what would be.

If you cant imagine those kind of people are out there in large numbers, then ok, no problem Im not offended if you dont believe me and think everyone is a drone reading books on bollinger bands and watching Tone Vays count to 9 on youtube

and even more... go figure?

Good chat. Have a wonderful 84th day of the new Baby Bull Market. Stack Satoshis Saturday is upon us.

Stack satoshis might have been your only decent point in that whole post.  Oh my.

Well congrats you remained civil for a few posts, but now you are back to your true nature which is an abrasive and thin skinned prick, with a little too much salt in his cunt. I will treat you accordingly. Eye for eye, tooth for tooth

If you have a longer post in your chatbot archives, Id like to see it
Well Mr. Salty Cunt, I see life has made you overly jaded and cranky and you see the world as full of trolls, liars, and drones with no original thoughts. Your arguments amount to "when people say stuff like X, i know its not true". This is weak logic and shows your irritable nature wont let you think clearly without bias. Your abrasive and flawed personality combined with a lack of time management skills has made you the wordy poster you are, but at least you are a long time Bitcoin Bull.

If you had had the conviction in Bitcoin that you have in being "Mr. Always Right About My Silly Points That I Like To Waste Peoples Time On", you might have gone all in in 2014 like myself and have a lot more coins, but to the victor go the spoils. I believe in Bitcoin and its future more than you and always have. Obviously my belief and conviction irritates the salt sores on your cunt you so you nitpick to no end and cry "Troll, Liar, Bear Market!!!!". Cry all you want and type till your fingers bleed while I just laugh at you and point out your flaws more and more.

Please PM me the coder who invented you so I can suggest improvements to your persona. 

84 days into the new Bull Market and all is well.

[Last of the V8s]

get a room you 2

[Lambie Slayer]

get a room you 2

Nice projection Vastly Deep down you know you want to merit my post bc I said what you have been thinking about wordy cunt. Your welcome

Im thinking Bag On JJG Thursdays is not enough. It deserves its own month, so I think Ill start Bag On JJG Month and make it March. We are gonna have to do something to keep the thread going while Mr. Goose is offline.