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

[BinaryReign]

We could just sit and cringe all day with these.

https://www.youtube.com/watch?v=D4PFTisD3kw

Wow, like every like other like word was like, like or something like...

[Elwar]

What the shit, fam ?! We about to hit $1,700 USD, yo !

What the shit fam indeed.


Amazing....Amazing.

[BlindMayorBitcorn]

She must be rekt right about now. Alts popped like a hip hop dance team.

Is there any other exchanger like poloniex with btc lending option, that has identical rates? fucking polo is getting too scary.. every day they have problems.

[JimboToronto]

Just got home from the ballpark to see that both my teams won tonight.

Jays 4-2 and a Bitcoin ATH of $1685USD (Bitcoinaverage).

Life is good.  

[yefi]

Don't use bank safe deposit boxes for long term storage, get a good fireproof safe for your home:

http://sanfrancisco.cbslocal.com/2017/05/06/customers-complain-bofa-is-drilling-safe-deposit-boxes-and-losing-valuables/

Jesus, what next for BoA, firing heirlooms back to clients via cannon? Their arrogance and disregard is boundless.

[droizs]

She must be rekt right about now. Alts popped like a hip hop dance team.

Is there any other exchanger like poloniex with btc lending option, that has identical rates? fucking polo is getting too scary.. every day they have problems.

So much manipulation is happening with alt exchangers... hopefully I left the boat 2 days ago, and multiplied by 7 my BTC stash

[BlindMayorBitcorn]

You have more courage than I did. I just sat in Bitcoin and watched. But doing nothing has worked for me so far.

[gentlemand]

So much manipulation is happening with alt exchangers... hopefully I left the boat 2 days ago, and multiplied by 7 my BTC stash

I could've cashed in and eventually bought back humongously on this run with alts, but I pure and simply do not trust any alt exchange with the amounts in question. That's being borne out nicely right now.

[droizs]

So much manipulation is happening with alt exchangers... hopefully I left the boat 2 days ago, and multiplied by 7 my BTC stash

I could've cashed in and eventually bought back humongously on this run with alts, but I pure and simply do not trust any alt exchange with the amounts in question. That's being borne out nicely right now.

Ya.. but I'm doing good money now only by lending BTC on poloniex, the thing is that I don't know if is worth the risk anymore. I don't want to awake some day and see that the exchanger got "hacked" and I lose all.

[BlindMayorBitcorn]

So much manipulation is happening with alt exchangers... hopefully I left the boat 2 days ago, and multiplied by 7 my BTC stash

I could've cashed in and eventually bought back humongously on this run with alts, but I pure and simply do not trust any alt exchange with the amounts in question. That's being borne out nicely right now.

Ya.. but I'm doing good money now only by lending BTC on poloniex, the thing is that I don't know if is worth the risk anymore. I don't want to awake some day and see that the exchanger got "hacked" and I lose all.

Can you even connect right now?

[droizs]

So much manipulation is happening with alt exchangers... hopefully I left the boat 2 days ago, and multiplied by 7 my BTC stash

I could've cashed in and eventually bought back humongously on this run with alts, but I pure and simply do not trust any alt exchange with the amounts in question. That's being borne out nicely right now.

Ya.. but I'm doing good money now only by lending BTC on poloniex, the thing is that I don't know if is worth the risk anymore. I don't want to awake some day and see that the exchanger got "hacked" and I lose all.

Can you even connect right now?

no but they say that will back in 10 min:

https://twitter.com/poloniex

[JimboToronto]

Don't use bank safe deposit boxes for long term storage, get a good fireproof safe for your home

I strongly recommend multiple off-site backups. As long as the storage is strongly encrypted, your "paper" wallets will be safe.

It's a good idea to not keep any unencrypted keys. Don't even keep encrypted keys at home in case you get doxed or if someone else figures out you may hold bitcoins. If you were home-invaded they can't torture the encryption key out of you if they can't find the storage device.

Some might call this paranoia. I prefer to call it due diligence.

Remember, "paper" just an expression. Scan the keys and QR codes and then destroy the actual paper after making copies.

I also recommend splitting your coins into many small paper wallets. When the time comes to break the paper, dealing with smaller wallets will lessen the risk of having to expose a large amount of coins to a hot wallet until they're reassigned.

Hardware wallets may be convenient and "cool" but they are still a point of vulnerability. Multiple encrypted copies of paper wallets are much safer.

Yes, they may be less convenient but they're much more secure.

[bitserve]

Is there any other exchanger like poloniex with btc lending option, that has identical rates? fucking polo is getting too scary.. every day they have problems.

https://cryptolend.net/rates.html

[droizs]

Is there any other exchanger like poloniex with btc lending option, that has identical rates? fucking polo is getting too scary.. every day they have problems.

https://cryptolend.net/rates.html

thanks, I heard of bitmex before, but didn't know they had lending option until now. I will switch my coins to there.

[bitserve]

Is there any other exchanger like poloniex with btc lending option, that has identical rates? fucking polo is getting too scary.. every day they have problems.

https://cryptolend.net/rates.html

thanks, I heard of bitmex before, but didn't know they had lending option until now. I will switch my coins to there.

Not that I am recomending any site for lending... but you should already know the risks of lending.

That website is good because if you are gonna lend... at least get the most out of it. It is a real time comparison.

[bitserve]

Hardware wallets may be convenient and "cool" but they are still a point of vulnerability. Multiple encrypted copies of paper wallets are much safer.

Jimbo, all the advices you give about paperwallets are really good, but I think probably have a misunderstanding about current hardware wallets: What is the point of vulnerability you are refering to?

I mean, you say as if they had a con in comparison to paperwallets... which is it?

[JimboToronto]

Hardware wallets may be convenient and "cool" but they are still a point of vulnerability. Multiple encrypted copies of paper wallets are much safer.

Jimbo, all the advices you give about paperwallets are really good, but I think probably have a misunderstanding about current hardware wallets: What is the point of vulnerability you are refering to?

I mean, you say as if they had a con in comparison to paperwallets... which is it?

Lack of redundancy. If you lose your hardware wallet or it's stolen or destroyed by some calamity aren't you out of luck?

Maybe I'm out of date but can you keep multiple hardware wallets with the same addresses in multiple offsite locations?

Edit: While I was typing this, I see we just hit yet another ATH. 

[Elwar]

Hardware wallets may be convenient and "cool" but they are still a point of vulnerability. Multiple encrypted copies of paper wallets are much safer.

Jimbo, all the advices you give about paperwallets are really good, but I think probably have a misunderstanding about current hardware wallets: What is the point of vulnerability you are refering to?

I mean, you say as if they had a con in comparison to paperwallets... which is it?

Lack of redundancy. If you lose your hardware wallet or it's stolen or destroyed by some calamity aren't you out of luck?

Maybe I'm out of date but can you keep multiple hardware wallets with the same addresses in multiple offsite locations?

For hardware wallet you need only keep a copy of the seed.

[JimboToronto]

Maybe I'm out of date but can you keep multiple hardware wallets with the same addresses in multiple offsite locations?

For hardware wallet you need only keep a copy of the seed.

Cool. So you can obviously encrypt the seed and store it in multiple locations.

Will this seed work with another physical hardware wallet if the original is destroyed?

[AlexGR]

Just got home from the ballpark to see that both my teams won tonight.

Jays 4-2 and a Bitcoin ATH of $1685USD (Bitcoinaverage).

Life is good.  

Coinmarketcap has BTC @ $1742.27 (+6.44%). I think it factors volume, including btc/alts, but excluding zero-fee trading.