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October 22, 2020, 07:21:05 PM *
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Question: Oct. 23 Closing Price:
<$8,000 - 2 (3%)
$8,000-$8,500 - 0 (0%)
$8,500-$9,000 - 0 (0%)
$9,000-$9,500 - 0 (0%)
$9,500-$10,000 - 0 (0%)
$10,000-$10,500 - 1 (1.5%)
$10,500-$11,000 - 0 (0%)
$11,000-$11,500 - 3 (4.5%)
$11,500-$12,000 - 5 (7.6%)
$12,000-$12,500 - 16 (24.2%)
$12,500-$13,000 - 12 (18.2%)
$13,000-$13,500 - 8 (12.1%)
$13,500-$14,000 - 5 (7.6%)
>$14,000 - 14 (21.2%)
Total Voters: 66

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 23391762 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. (148 posts by 37 users deleted.)
AlcoHoDL
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August 16, 2020, 08:35:41 AM

I'm in no hurry for the upcoming bull run, but...

...I wonder what's so special about $12,000. Is it so significant as a number? I'd think $10,000 would be a tougher nut to crack.

Edit: Could it be related to $12,000 being close to 10,000 €?
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August 16, 2020, 09:39:34 AM
Merited by JayJuanGee (1)

I'm in no hurry for the upcoming bull run, but...

...I wonder what's so special about $12,000. Is it so significant as a number? I'd think $10,000 would be a tougher nut to crack.

Edit: Could it be related to $12,000 being close to 10,000 €?


I don't think so, we have broken the 10,000 € already various times. Currently 10.031,24 €.

I believe that the supports and resistances of BTC are referenced to its comparison to the $.
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August 16, 2020, 10:20:47 AM
Merited by suchmoon (7), El duderino_ (3), gentlemand (2), Phil_S (2), AlcoHoDL (2), vapourminer (1), JayJuanGee (1), 600watt (1)

My grown-up kids and wife of decades are educated in the convoluted process of retrieving my coins should I get hit by a bus.

I don’t worry about them conspiring to “rob” me, because if that were to happen my life would have been a worthless sham and my problems far bigger than mere money.

Perspective.

I don't doubt that. Surely, they wouldn't rob you. They love you. But your grown-up kids and wife of decades are only humans. Humans make mistakes. The more people you reveal the seed to, the higher the chances the security of your coins is compromised. Period.

Wife has a dear sister, they love each other to bits, and women like to talk a bit too much. Out in the pub, chatting away, wife casually mentions to sister that she's OK financially, because husband (you) is really smart, he has taken care of it, by owning Bitcoin. Wife's sister doesn't know/understand much. A few days later she casually mentions this to her colleagues at work: "maybe we should buy this thing called Bitcoin, see, my sister's family is set for life, they own lots of them." Word spreads. The wrong kind of people hear about it. Next thing you know, your family is kidnapped and the seed is wrenched out of you (or the wife). Coins gone, even lives are in danger. Just by a simple, innocent slip of the tongue.

But sure, I see your point and I agree, it's just that there's no need to overdo it. Just pick one or two very special people in your life and make sure they understand that they should never ever talk about it to anyone, even those very close to them. Then, as already mentioned, there's Shamir's Secret Sharing, which is a very good way to secure your coins by splitting the seed to different pieces.


Everything is compromise and context. Unless we're making a profound political and economic statement (hat tip Satoshi) we will want to maintain access to our coins, and need to choose the opsec compromises that work best in our circumstances.

If we lived in a favela or janjaweed encampment I would take different decisions. Here, metropolitan and bourgeois, among our friends we are nowhere near the richest, and among some two-removed we would be considered poor but charming. The WO perhaps doesn't realise just how much money is out there. People build businesses, make shrewd investments, have lucky breaks all the time. People buy the Bentleys and Lambos and Ferraris and Learjets, every day, by the hundreds of thousands per year. No cares that we now fly first, or stay in decent hotels. First and decent hotels are there because plenty of people can afford them. We may one day be gentlemen, but for now we are still also-rans. As far as my wife's sister is concerned we had some lucky investments, could be bitcoin, could be oil or property, no one cares.

As I see it there are 3 main threats to my coin. In order of likelihood:

1/ My memory gone, either by death or dementia. Mitigation: train my immediate family to be able to start a difficult process to access physical backups (not giving them the keys themselves)

2/ Attack from state by taxation or confiscation. Mitigation: careful coin acquisition, main stash keys fragmented across various jurisdictions, would need international legal coordination to reassemble.

3/ Wrench attack. Mitigation: various levels of plausible deniability and custodianship.


There are a quarter of a million UHNW ($30million plus) people in the world. They manage. It'll be ok.





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August 16, 2020, 10:49:16 AM

I'm in no hurry for the upcoming bull run, but...

...I wonder what's so special about $12,000. Is it so significant as a number? I'd think $10,000 would be a tougher nut to crack.

Edit: Could it be related to $12,000 being close to 10,000 €?

I don't think so, we have broken the 10,000 € already various times. Currently 10.031,24 €.

I believe that the supports and resistances of BTC are referenced to its comparison to the $.

Yeah, but it goes up/down around 10,000 €... Now 9996.6 € (Kraken).

I hope we rise (and stay) well above $12k (or 10k €) soon.
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August 16, 2020, 11:06:45 AM
Merited by El duderino_ (4), d_eddie (1), OutOfMemory (1)

This one is called The Day I Got Hacked



Hi, it's Bill Gates here!
If you send me some bitcoin,
I'll send double back!



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August 16, 2020, 11:46:22 AM

All awaits for 12000$
So near and yet so far guys
Patience all Holders

#haiku
Last of the V8s
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Be a bank


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August 16, 2020, 12:15:41 PM

fillippone
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August 16, 2020, 12:53:03 PM
Merited by yefi (1)





https://twitter.com/anthonysabatini/status/1294292182078193665

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August 16, 2020, 12:59:18 PM
Merited by El duderino_ (2)

Up to twelve thousand
back to eleven-seven
Only way is UP





#haiku
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August 16, 2020, 01:33:44 PM
Merited by xhomerx10 (1), d_eddie (1)

Bull season is here.
Pink flamingo for the girl.
Layback with some views.
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August 16, 2020, 02:11:02 PM
Merited by JayJuanGee (1), Last of the V8s (1)



Avoid to spread potential virus particles walking ten feet in a closed space.... isn't really dumbest thing that someone can do in an entire life Grin , or I miss something?
I can't understand why people feel so stressed for wearing a mask.
For sure it's pretty useless wear a mask while driving a car (or you are alone at home Tongue )


actually as a life long sufferer of asthma I am liking the mask rules big time.

I have 10 quality three layer masks. Made from cotton. I wash them after a days use.

They are extremely helpful for dust and pollen.

The only issue is when I go to my mining farm and it is 100f in the room sweat 💧 makes them wet and they  restrict breathing when wet with sweat.

This is very diffcult issue for those that what to take more risks then those that don’t.

For me it is a blessing as they make it far better for my asthma issues. Which are triggered by dust,pollen,dander.  I am hoping that mask wearing never ends for those that chose to wear them.

 
I personally think you should not be forced to wear a mask. Or a seatbelt.

Just as I think I should wear a mask and not be hassled for it.
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August 16, 2020, 02:30:44 PM

https://www.zerohedge.com/markets/turkey-hit-bank-runs-currency-panic-locals-sell-their-cars-and-houses-buy-gold-while-lira

Proof that the sheeple are reactionary, they wait until the very last minute to do anything, after much of their wealth has already been destroyed...
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August 16, 2020, 02:31:16 PM

Bull season is here.
Pink flamingo for the girl.
Layback with some views.


 That's beautiful Mr. duderino.
Is Pink Flamingo from the Kama Sutra?



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August 16, 2020, 03:01:32 PM
Merited by JayJuanGee (1), d_eddie (1)

Good morn Bitcoinland.
One one eight one eight Yankee bucks
(Bitcoinaverage).

Still going sideways
As it has for all August.
Very boring... yawn.

Luckily hodlers
Do not need to be concerned
With summer doldrums.

Price fluctuations
Mean very little to them
Long term we'll go up.

I personally think you should not be forced to wear a mask. Or a seatbelt.

Just as I think I should wear a mask and not be hassled for it.

Just remember that
Masks protect other people
More than the wearer.

So obviously
Hassling a mask wearer
Is just plain stupid.

Too bad some people
Have made this political
When it's medical.
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August 16, 2020, 03:16:39 PM
Merited by jojo69 (1)

 
I personally think you should not be forced to wear a mask. Or a seatbelt.

Just as I think I should wear a mask and not be hassled for it.

I agree but also I think if you come within 6 feet of me without a mask I should be allowed to kick the living shit out of you. Wink
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August 16, 2020, 03:31:57 PM

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August 16, 2020, 03:33:38 PM

 
I personally think you should not be forced to wear a mask. Or a seatbelt.

Just as I think I should wear a mask and not be hassled for it.

I agree but also I think if you come within 6 feet of me without a mask I should be allowed to kick the living shit out of you. Wink

 Violence is not the answer.  Besides if he is infected, getting into fisticuffs will greatly increase your risk of infection. (I have no science to back up that statement)

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August 16, 2020, 03:37:33 PM
Merited by JimboToronto (1)

Trump mulls pardon for leaker Edward Snowden

https://www.cbc.ca/news/world/trump-snowden-pardon-1.5688359

 



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August 16, 2020, 03:42:32 PM

I personally think you should not be forced to wear a mask. Or a seatbelt.

Just as I think I should wear a mask and not be hassled for it.

In theory you are right.
But in reality, since you don't pay (at least) 3x more for the health insurance, it may happen that you got appendicitis and need surgery, but you can't get into the hospital (no free beds) because some ... individuals did not wear seat belt or mask.

At least this has happened quite a lot in the last 5 months, more than the news will tell.


Trump mulls pardon for leaker Edward Snowden

No. He just tells things because the elections are getting near.
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August 16, 2020, 03:43:36 PM


I agree but also I think if you come within 6 feet of me without a mask I should be allowed to kick the living shit out of you. Wink

I'm sure there's a growing market in retirement packages for people with this view.

BTC accepted.

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