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

[Richy_T]

As long as you use a really strong BIP39 passphrase and keep a backup on the seed GPG encrypted on an archival CD or a couple USB drives or the like... Maybe not the worst ever.

Then encrypt the whole shebang and maybe engage in some steganography because if they find you have Bitcoin, they might come knocking. Though for some of us, that ship has sailed, of course.

[1714232751]

1714232751

[1714232751]

1714232751

[1714232751]

1714232751

[xhomerx10]

I'm not making a moral argument, or saying we should be living in huts or anything like that. I'm taking a long haul flight across the Atlantic in ten days to vacation in the Caribbean (a certain socialist island...). I just think as we focus more and more on reducing emissions, POW cryptos will become a target, as well as other excessive emitters of CO2. Flying serves a purpose, whereas for most people cryptos don't. I even think it could be an existential threat to Bitcoin.

There is absolutely NO civilizationional purpose for you to haul your ass across the globe for a vacation, none whatsoever.
It just your whim and civilization obliges (for now).
EU 'greens' should restrain themselves from air traveling first and foremost or travel by dirigibles.
Case closed.

 Yeah!  Methane filled dirigibles!

[BobLawblaw]

Oh no. What is happening?

[jojo69]

Oh no. What is happening?

[philipma1957]

I'm not making a moral argument, or saying we should be living in huts or anything like that. I'm taking a long haul flight across the Atlantic in ten days to vacation in the Caribbean (a certain socialist island...). I just think as we focus more and more on reducing emissions, POW cryptos will become a target, as well as other excessive emitters of CO2. Flying serves a purpose, whereas for most people cryptos don't. I even think it could be an existential threat to Bitcoin.

There is absolutely NO civilizationional purpose for you to haul your ass across the globe for a vacation, none whatsoever.
It's just your whim and civilization obliges (for now).
EU 'greens' should restrain themselves from air traveling first and foremost or travel by dirigibles.
Case closed.

yep bring back blimps.

[ChartBuddy]

Explanation

[BobLawblaw]

Oh no. What is happening?

This shit is all my fault.

Mastadonic in the wrong direction.

Goddamnit.

[BitcoinBunny]

The weekly Sunday evening DUMP.

 

BTC doesn't seem to give a fuck that rumours from both sides of the aisles, Russia and Ukraine may be ending their nonsense this coming week.

[El duderino_]

[ChartBuddy]

Explanation

[jojo69]

https://www.bloomberg.com/news/articles/2022-03-12/eu-near-vote-on-new-regulatory-framework-for-cryptocurrencies?sref=6uww027M

[ChartBuddy]

Explanation

[Richy_T]

https://www.bloomberg.com/news/articles/2022-03-12/eu-near-vote-on-new-regulatory-framework-for-cryptocurrencies?sref=6uww027M

This should get interesting. When I got involved with this crazy train, most people knew a showdown with governments was on the cards eventually.

[Toxic2040]

the Sunday evening wall report


Bitcoin continued its decline over the weekend dipping another 2.6% on the day and down 4.05% on the week. Currently at $38.2kish..  up 1.61% on early trading today.

This pennant appears to extend into April..the coming weeks market will surely have impact on that.

dyor

4h



D

stronghands

[cAPSLOCK]

Oh no. What is happening?

This shit is all my fault.

Mastadonic in the wrong direction.

Goddamnit.

I appreciate you taking the fall for us...

Now come up with another prehistoric or fantasy animal that makes us go the OTHER way please.

[ChartBuddy]

Explanation

[JayJuanGee]

Hello guys. I don't know if it has already been mentioned, but I think it's interesting, for people who store paper/hard wallets in bank vaults :

Anyone who thought this was a good idea hasn't been paying attention.

As long as you use a really strong BIP39 passphrase and keep a backup on the seed GPG encrypted on an archival CD or a couple USB drives or the like... Maybe not the worst ever.

But yeah...  Safe deposit boxes have always had a downside, and I think that downside is going to get more evident over time soon.

I thought that part of the point was NOT to have your key in any location in which someone else might get access, and surely you could be in trouble if you kept the whole key in a safety deposit box, even if you were to have a back up if someone were to either get into your box without your permission or before you could get to your back up and move your coins so that their access to your wallet would end up being empty (if you knew that the attack was coming in advance - which you may well not).


Another possibility would be to have ONLY 1/2 or 1/3 of the key in any one location in which you have concern that some unauthorized person might gain access.  I believe that the best practice is 1/3, yet maybe even one half would be safe.. but there are some cases in which if some one were able to get 2/3 of your key in a 12 word set up, then they may well be able to brute force their way into finding the other 1/3.  It is not easy being your own bank and having power over a bearer access like bitcoin, even if the footprint is way smaller than something like gold or dollars... You can store a lot of bitcoin in a small space - but you still need to be careful in case the place gets found out and hopefully you would not have the total key in one place - even though thinking about the washers... do you put 1/2 or 1/3 of the washers in each place, then you need all 2 sets or all 3 sets in order to get access to the wallet? 

If you die and you have left instructions for someone, then they would need to recover all three parts and be able to put those three parts together.. and some people are not very technically sophisticated and maybe not even motivated to learn, but when you die, then they might be like "holy fuck.. how many bitcoins did billy bob have?"  then they become motivated to figure it out, perhaps?  Do they have all of the keys?  or do you want to put all of the keys in the same spot so that they will know what they are looking at?

[Toxic2040]

so fussy



everyones ocd better now?  mine is 


4h clouds cause why not

stronghands

[JayJuanGee]

New poll time ...better late than never.

Old poll:

What range ?

For sure the poll would be better if it were to specify a wee bit better.

>>>><>>
"When do we break out of this boring trading range?"
<<<<<<<<<<<<



who has not seen that lack of specificity before?





Move along.





Nothing to see here.




 



Of course, we can speculate about what it means to get out side of "the range" and also what  "the range" is... . .... but better to just state it clearly, no?.... .

Perhaps something like: $33k to $46k, no?

And how far out would we need to see the price go outside of the range and stay outside of such range in order for a break out to have been considered to have had occurred?

[philipma1957]

the range is 28.8k to 69.4k

we have been in that from 12/2020 to 03/22