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Question: Did we reach the bottom already?
Yes - 45 (53.6%)
No, it's coming later this year - 30 (35.7%)
No, it's coming next year or after - 9 (10.7%)
Total Voters: 84

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25721774 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. (170 posts by 5 users with 9 merit deleted.)
lightfoot
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I fix broken miners. And make holes in teeth :-)


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February 24, 2020, 03:20:47 PM
Merited by JayJuanGee (1)

Personally, when they complain that "I don't trust them" or "I don't love them enough", or whatever, I say "it's because I love you dearly that I don't share it with you". It's a bit difficult for them to understand, but eventually they get it (girlfriends are the most difficult).

Oh yeah: Explain to them that they could be tortured if they knew your key.

Of course they may be tortured anyway, and if the torturer doesn't believe them then it's going to be a very long night. Maybe give them access to a small portion of the stash, but large enough to remove the torture.
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AlcoHoDL
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February 24, 2020, 03:26:49 PM

Personally, when they complain that "I don't trust them" or "I don't love them enough", or whatever, I say "it's because I love you dearly that I don't share it with you". It's a bit difficult for them to understand, but eventually they get it (girlfriends are the most difficult).

Oh yeah: Explain to them that they could be tortured if they knew your key.

Of course they may be tortured anyway, and if the torturer doesn't believe them then it's going to be a very long night. Maybe give them access to a small portion of the stash, but large enough to remove the torture.

Plausible deniability is what you're describing. That's an extremely effective method of protecting your coins/data and still minimizing the chances of being tortured to death. Of course, poor OpSec is your worst enemy in such matters.
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February 24, 2020, 03:36:00 PM
Merited by El duderino_ (5)

Yearly Candles...

https://twitter.com/ChartsBtc/status/1231961500392120320
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February 24, 2020, 03:45:43 PM

When it comes to security, my motto is "if you disclose it to anyone, consider it compromised".

Me and my ledger's security.  Grin

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February 24, 2020, 03:53:29 PM
Merited by nutildah (1)

[...]

Sure, in theory, my family members could have combined the papers and took all of my money...but I trust them with my life so I was not worried about that.

The problem is not that your family members will steal your money intentionally. The problem is that they may innocently tell someone about it, or just not take proper care of it and let it leak to the wrong hands. This is exacerbated by the fact that they don't understand it, and may even think it's not so important, thus not treating it seriously. That's why you should never share a passphrase, even with your parents or spouse.

Personally, when they complain that "I don't trust them" or "I don't love them enough", or whatever, I say "it's because I love you dearly that I don't share it with you". It's a bit difficult for them to understand, but eventually they get it (girlfriends are the most difficult).

When it comes to security, my motto is "if you disclose it to anyone, consider it compromised".

They knew it was a lot of bitcoins they had control of. They joked at times that they were together (rare) that maybe they should put the keys together and be rich. If at any time I felt worried I could move my coins. They put them in safety deposit boxes.

Elwar: Cool. I thought you might be sunk since your Trezor was acting up (turned out to be a non-data USB cable). Glad you had backups.

Ya, that was another portion of my coins. I had my backup passphrase on the seastead. I had the trezor with me.

Fleeing the navy on a sailboat under threat of death while also believing I may have just lost a few hundred k worth of bitcoins was beyond stressful.

Protecting your keys is no joke. Most people don't figure "what happens if the government comes and steals my house".
AlcoHoDL
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February 24, 2020, 03:58:53 PM

Alan Turing used to chain his mug to the radiator in his office to stop it being stolen. It's still there today.



https://twitter.com/bletchleypark/status/855376587600080896
soxxx
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February 24, 2020, 04:08:11 PM

Dow is down nearly 900 points today.

It makes you wonder if they are going to blame the Corona Virus as the reason the stock market crashes, when in reality its obviously a lot more than that (federal banks printing money).
Tash
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February 24, 2020, 04:11:09 PM
Merited by vapourminer (1), xhomerx10 (1), JayJuanGee (1), bkbirge (1)

I'll bite.  What's the meaning of an M7 hand sign?

edit: here's the reference


Maybe for Bitcoin Belle real name Michele Seven
https://hackernoon.com/bitcoin-belles-ccme-the-woman-who-brought-you-craig-satoshi-wright-strikes-again-f74e4ef129a4
Tax issues in 2009
https://youtu.be/fRJozKGUGiQ
Fee State Project
https://www.fsp.org/
The discussion in November 2015
https://www.youtube.com/watch?v=LdvQTwjVmrE
nutildah
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February 24, 2020, 04:24:35 PM
Merited by marcus_of_augustus (1)

Dow is down nearly 900 points today.

It makes you wonder if they are going to blame the Corona Virus as the reason the stock market crashes, when in reality its obviously a lot more than that (federal banks printing money).

Looking at the 10 year chart for the S&P, it looks like the coronavirus was specifically made to incur a correction. The virus didn't move the stock market, the stock market moved the virus.
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February 24, 2020, 04:34:48 PM

2 bad years at 4 year intervals. Possibly halving related? If the pattern holds then the next bad year is still 2 years away.
LUCKMCFLY
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February 24, 2020, 04:44:45 PM
Merited by VB1001 (1)

There is little left for the big event ..

Quote
#bitcoin halving drawdown cycles


Source: https://twitter.com/ChartsBtc/status/1231964993857277955
nutildah
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February 24, 2020, 04:54:55 PM

"The logical move from the introduction of bitcoin is to go short suitcases." - Warren Buffet

This was after his meeting with Justin Sun, who was not the best at changing Buffet's mind, apparently. Well HODLers, watch this video and then prove him wrong:

https://twitter.com/CNBC/status/1231939235139268611
LFC_Bitcoin
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February 24, 2020, 04:59:50 PM

"The logical move from the introduction of bitcoin is to go short suitcases." - Warren Buffet

This was after his meeting with Justin Sun, who was not the best at changing Buffet's mind, apparently. Well HODLers, watch this video and then prove him wrong:

https://twitter.com/CNBC/status/1231939235139268611

He’s an ignorant old fool, with regards to modern day assets he’s probably way out of touch & totally ignorant to new ideas. He’s made his money & doesn’t need to adapt his thought processes.

Fuck him, the old cunt.
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February 24, 2020, 05:05:24 PM

2 bad years at 4 year intervals. Possibly halving related? If the pattern holds then the next bad year is still 2 years away.

365*2 = 730 Days ---- Enough time to cash some profits if we reach magic numbers with in 600 days----
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February 24, 2020, 05:13:39 PM


Great read, thanks for sharing. I'd merit but out.
AlcoHoDL
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February 24, 2020, 05:19:28 PM
Merited by JayJuanGee (1)

2 bad years at 4 year intervals. Possibly halving related? If the pattern holds then the next bad year is still 2 years away.

365*2 = 730 Days ---- Enough time to cash some profits if we reach magic numbers with in 600 days----

Problem is, we most probably won't cash out when it reaches $100k. Hardened by the previous cycle, we'll stoically watch our corn plummet to only $30k, upon which time it will be declared dead, weak hands will sell, some of us will get wrenched, the rest of us will HoDL (because we're HoDLers) until 2026 when it reaches $1M. We might sell some at that time...
marcus_of_augustus
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Eadem mutata resurgo


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February 24, 2020, 05:28:46 PM

Italy quarantining sections of the country, armed police and military forming physical roadblocks. Food gone from stores.

China not updating infected numbers, same with canada, the states, sweden, a number of non-western countries. Middle eastern countries closing borders.

Things are getting interesting. If you haven't stocked up on food yet, better get it done.

Italy is indeed the biggest blob on the map, excluding Asia.

It should be noted, however, that all four people in Italy that died from the virus were elderly (78, 75, 77, and 84 years old).

... it should also be noted further that people only just started dying in Italy (2 days ago). All it means is elderly/comorbid people succumb first. Younger, fitter, stronger will fight off disease longer but total fatalities are only slightly biased towards older/weaker people on longer run disease progression data from Chinese studies (believe what you will from communists cunts). Italy has an issue, maybe Europe now, there's at least another potential 600 asymptomatic cases who maybe wandering around there they need to find and isolate, fast.
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February 24, 2020, 05:38:13 PM

9800 retaken, 10k coming soon. Time to piss your pants Bears bc giant green dildos are coming after we hit new all year highs.

 Roll Eyes Roll Eyes Tongue
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February 24, 2020, 05:40:50 PM

9800 retaken, 10k coming soon. Time to piss your pants Bears bc giant green dildos are coming after we hit new all year highs.

 Roll Eyes Roll Eyes Tongue

He's all bluster and no muster that boy. Roll Eyes Kiss
Last of the V8s
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February 24, 2020, 06:01:43 PM

1/ INTRODUCING AVANTI BANK, a new US #bank to serve #digitalasset industry, offering new products & svcs not currently available in USD mkts along w/ tech partner @Blockstream
. #Wyoming-based. We’re preparing long process of charter application & aim to open early 2021. @AvantiBT

Long interesting thread. It's all coming together.
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