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June 06, 2023, 05:49:02 PM *
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Question: When will we see a new ATH?
2023 - 56 (21.5%)
2024 - 105 (40.2%)
2025 - 75 (28.7%)
2026 - 4 (1.5%)
2027 - 2 (0.8%)
After 2027 - 5 (1.9%)
Never - 14 (5.4%)
Total Voters: 261

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26119602 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.)
OutOfMemory
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September 15, 2022, 01:21:10 PM
Merited by vapourminer (1), Hueristic (1), JayJuanGee (1), Arriemoller (1), AlcoHoDL (1), DdmrDdmr (1)

Fun story written by life:

Today i got to dip my toes into a situation like "getting rekt".
Some of you might remember i was on vacation a few weeks ago. What i did, like every time when i leave the house for more than a day, i moved my hardware wallet out of the building and hid it, along with various obfuscated forms of passphrases and seed word lists. Those who know me from here for longer will not be surprised that i totally forgot about this, initiated a small transaction in the ledger frontend today, and as prompted to connect the thing, i went for the usual place i store my ledger in.

Me: Shocked
Also me: Fuck! I guess i have left the stick somewhere, the kids were playing with it until they dropped it somewhere and my beloved wife threw it away, in belief that it's a stupid toy radio or whatever.
Me, after a while of searching: Hey, at least i got the seed words, time to take and use them...
Me, again: Fuck!
There were no seed lists anymore.

I can't describe how exactly i felt like in this moment and in the following 25 minutes, which were probably some less, but time was like standing still. I kept looking for the thing, constantly switching mood between desperation and hope.

About half an hour later i remembered my old habit of moving important stuff out of the house, made plans to lay out the most likely places to search in, and not even 20 minutes later i found the seedwords and ledger again.

As funny as it may sound, i was quite frightened (and also sweaty) until i found the stuff again.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Gachapin
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September 15, 2022, 01:27:21 PM

Fun story written by life:

Today i got to dip my toes into a situation like "getting rekt".
Some of you might remember i was on vacation a few weeks ago. What i did, like every time when i leave the house for more than a day, i moved my hardware wallet out of the building and hid it, along with various obfuscated forms of passphrases and seed word lists. Those who know me from here for longer will not be surprised that i totally forgot about this, initiated a small transaction in the ledger frontend today, and as prompted to connect the thing, i went for the usual place i store my ledger in.

Me: Shocked
Also me: Fuck! I guess i have left the stick somewhere, the kids were playing with it until they dropped it somewhere and my beloved wife threw it away, in belief that it's a stupid toy radio or whatever.
Me, after a while of searching: Hey, at least i got the seed words, time to take and use them...
Me, again: Fuck!
There were no seed lists anymore.

I can't describe how exactly i felt like in this moment and in the following 25 minutes, which were probably some less, but time was like standing still.

About half an hour later i remembered my old habit of moving important stuff out of the house, made plans to lay out the most likely places to search in, and not even 20 minutes later i found the seedwords and ledger again.

As funny as it may sound, i was quite frightened (and also sweaty) until i found the stuff again.


maybe consider using shamir backup..
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September 15, 2022, 01:28:17 PM


https://mobile.twitter.com/VitalikButerin/status/1570299062800510976

Wait wait wait vitalik is saying something.

Listen.



What utter nonsense. Most of those miners will just switch their GPUs to different coins so no, there won't be a 0.2% in electricity reduction and I doubt that figure is that large to begin with anyway

Right. The power consumption depends on What Card you are mining on and what algorithm you are mining.
For Most of the AMD Cards, The most profitable algorithm is kawpaw at this moment which consumes 30.76% more electricity than Ethash.
So, If GPU miners move to kawpaw algorithm. It will increase power consumption.

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September 15, 2022, 01:33:19 PM


maybe consider using shamir backup..

Thanks, always open for useful suggestions.
As the NANO-S is somewhat limited, i consider some upgrade in the future, but i had some doubts (not so much related to security) to buy a trezor in the past, but i am going to look into it again soon.

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September 15, 2022, 01:42:06 PM
Merited by JayJuanGee (1)


https://mobile.twitter.com/VitalikButerin/status/1570299062800510976

Wait wait wait vitalik is saying something.

Listen.



What utter nonsense. Most of those miners will just switch their GPUs to different coins so no, there won't be a 0.2% in electricity reduction and I doubt that figure is that large to begin with anyway

They'll make another sh!t separate to keep pampering the PoW supporters, the energy consumption will literally not decrease in the slightest

https://cointelegraph.com/news/ethw-core-to-push-on-with-ethereum-pow-fork-24-hours-after-merge
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September 15, 2022, 02:04:51 PM


Explanation
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September 15, 2022, 02:07:13 PM
Merited by JayJuanGee (1)

Quote
Shopify competitor BigCommerce integrates BTC Bitcoin payments 🙌

Bitcoin Magazine

There we go BigCommerce. Make it happen and force Shopify to do the same.
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September 15, 2022, 02:24:04 PM
Merited by JayJuanGee (1), OutOfMemory (1)

maybe consider using shamir backup..

Thanks, always open for useful suggestions.
As the NANO-S is somewhat limited, i consider some upgrade in the future, but i had some doubts (not so much related to security) to buy a trezor in the past, but i am going to look into it again soon.

Just remember to use strong passphrase(s), but at the same time easy enough for you (but not others) to remember/recover. With overly complicated passphrases, complex memorization schemes, etc., you're running the risk of locking yourself out of your coins, and that won't be fun.
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September 15, 2022, 02:25:44 PM

Now scammers are using vitalik (shit founder) name.

 Wink Wink Wink

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September 15, 2022, 02:38:27 PM
Merited by JayJuanGee (1), LFC_Bitcoin (1)

Bitcoin / US. Dollar Index.
This indicates that Bitcoin is about to enter a massive Bull run, we are once again at the zone.

A massive bull run in the middle of a bear market less than 2 years before the halving? It doesn't make much sense, but little has been making sense lately...

💥BREAKING: Chinese court rules #Bitcoin and crypto trading legal, but not for payments.
https://twitter.com/BTC_Archive/status/1570362589955379202?t=Ck76it8vCfH3FMRUJm3n9A&s=09

Unless it's some kind of exclusive news that no one knows about yet - just 24 hours ago we could read this:

The First Intermediate People’s Court of Beijing said in a verdict that although China prohibits crypto trading, cryptocurrencies can be protected by law as a kind of virtual asset.

The mid-level court said in an appeal case file released publicly on Sept. 7 that cryptocurrencies should be considered as virtual properties, as a joint announcement by the Chinese central bank in 2013 said “Bitcoin should be, by its nature, a specific virtual commodity.”

The court said “there are no laws, administrative regulations or departmental rules that negate the protectability of cryptocurrency itself as virtual property.”
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September 15, 2022, 02:46:37 PM

Greenpeace spent $1 million in new "Change The Code" ads to intensify their attack on Bitcoin's PoW.

Source: https://twitter.com/BitcoinMagazine/status/1570418736385097730
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September 15, 2022, 02:48:57 PM
Merited by fillippone (3), Gachapin (1)

Greenpeace spent $1 million in new "Change The Code" ads to intensify their attack on Bitcoin's PoW.

Source: https://twitter.com/BitcoinMagazine/status/1570418736385097730

Ahhh, this nonsense again? Whilst irritating, I’ll take the free forked, shitcoins thank you.
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September 15, 2022, 03:03:28 PM


Explanation
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September 15, 2022, 03:06:57 PM
Merited by JayJuanGee (1)

Greenpeace spent $1 million in new "Change The Code" ads to intensify their attack on Bitcoin's PoW.

Source: https://twitter.com/BitcoinMagazine/status/1570418736385097730

Change the code eh? And what do they expect us to do, perform a disruptive merge so they can laugh at our faces at this artificial price stunt?

I'm not exaggerating. ETH's merge just finished with the price down to $1400 from $1700 a few days ago.
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September 15, 2022, 03:10:10 PM
Merited by JayJuanGee (1)

Greenpeace spent $1 million in new "Change The Code" ads to intensify their attack on Bitcoin's PoW.

Source: https://twitter.com/BitcoinMagazine/status/1570418736385097730

Actually, that's old news that I also read on a website and basically I picked up a little bit about Bitcoin that should stay away from PoW. And Chris Williams (a writer) on a cryptobriefing website mentions that the “Change the Code” Campaign encourages Bitcoin to move away from the Proof-of-Work consensus mechanism to reduce its energy consumption. Source: https://cryptobriefing.com/greenpeace-wants-musk-dorsey-clean-up-bitcoin/
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September 15, 2022, 03:22:05 PM
Merited by Gachapin (1)

Is it just me or has Resistance remarkably weakened?
Bulltrap incoming?
Pump incoming?
Antoher round of long liquidations?

Hard to judge, in this crazy market era  Huh

I would not be surprised bitcoin drop be triggered / dragged down by the wonderful ETH that afaik it went today into the bin of (ever falling) PoS coins.
But I've made already a mistake on my price expectations not long ago, so.. what do I know?
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September 15, 2022, 03:51:58 PM

Why are they talking about changing the price of electricity?

Does the change in the price of electricity have anything to do with the change in the price of Bitcoin?

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September 15, 2022, 04:04:50 PM


Explanation
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1/21000000 , the only math you need to know


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September 15, 2022, 04:06:15 PM

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September 15, 2022, 05:01:17 PM


Explanation
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