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

[Arriemoller]

And why is no one amazed that we have 29 more forks to claim?
I'm blown away.

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[erre]

Thanks anyway too you all for trying to explain. I have never signed and I really don't see the need for it in my future, it seems like overkill to me.
I'll just stay ignorant and move my coins the old fashioned way.

You are signing every time you move your coins. Sorry for have been harsh, but your unwillingness and  proudness of not knowing how txs works got me mad. That's like claiming on a train forum that how trains works it doesn't matter untill they move, I suppose.

[Arriemoller]

Thanks anyway too you all for trying to explain. I have never signed and I really don't see the need for it in my future, it seems like overkill to me.
I'll just stay ignorant and move my coins the old fashioned way.

You are signing every time you move your coins. Sorry for have been harsh, but your unwillingness and  proudness of not knowing how txs works got me mad. That's like claiming on a train forum that how trains works it doesn't matter untill they move, I suppose.

No need to apologize, I'm not that sensitive.
There is actually a lot of guys that doesn't know how the model trains work, especially not the new digital versions of engines and controls.
They just ask what to do if it doesn't work and usually get a step by step answer, not the underlying digital tech.
And if that doesn't fix the problem they just send it away to someone who can fix it for them.

[erre]

Thanks anyway too you all for trying to explain. I have never signed and I really don't see the need for it in my future, it seems like overkill to me.
I'll just stay ignorant and move my coins the old fashioned way.

You are signing every time you move your coins. Sorry for have been harsh, but your unwillingness and  proudness of not knowing how txs works got me mad. That's like claiming on a train forum that how trains works it doesn't matter untill they move, I suppose.

No need to apologize, I'm not that sensitive.
There is actually a lot of guys that doesn't know how the model trains work, especially not the new digital versions of engines and controls.
They just ask what to do if it doesn't work and usually get a step by step answer, not the underlying digital tech.
And if that doesn't fix the problem they just send it away to someone who can fix it for them.

You probably are right, this is a toxic environment.

Anyway, If you are storing btc as you said you are not safe. Just do like this:
-Download bitaddress.org on a safe machine (I.e. Linux booting disk) and run it offline
-print some addresses offline. Make multiple backup and store them safe
-use this addresses as safe (cold) storage. Keep only a few btc as "hot" storage on your phone app.
-all you need to do to import all the money is scan the qr code with your app. Once the key is scanned, this address will never be again "cold" (safe).
-don't let do anybody do it for you


If you follow the above steps, you should be safe. And that's a lot better than sorry in btc land.

[Arriemoller]

Thanks anyway too you all for trying to explain. I have never signed and I really don't see the need for it in my future, it seems like overkill to me.
I'll just stay ignorant and move my coins the old fashioned way.

You are signing every time you move your coins. Sorry for have been harsh, but your unwillingness and  proudness of not knowing how txs works got me mad. That's like claiming on a train forum that how trains works it doesn't matter untill they move, I suppose.

No need to apologize, I'm not that sensitive.
There is actually a lot of guys that doesn't know how the model trains work, especially not the new digital versions of engines and controls.
They just ask what to do if it doesn't work and usually get a step by step answer, not the underlying digital tech.
And if that doesn't fix the problem they just send it away to someone who can fix it for them.

You probably are right, this is a toxic environment.

Anyway, If you are storing btc as you said you are not safe. Just do like this:
-Download bitaddress.org on a safe machine (I.e. Linux booting disk) and run it offline
-print some addresses offline. Make multiple backup and store them safe
-use this addresses as safe (cold) storage. Keep only a few btc as "hot" storage on your phone app.
-all you need to do to import all the money is scan the qr code with your app. Once the key is scanned, this address will never be again "cold" (safe).
-don't let do anybody do it for you


If you follow the above steps, you should be safe. And that's a lot better than sorry in btc land.

Thanks.

I already have a bunch of paper wallets printed, but I'm not moving any coins to them until all the forking is done. Then Ill move my coins away from the Coinomi wallet and half into my paper walllets and the other half into another Coinomi wallet. I'll then get my keys from the old Coinomi wallet and claim my forks.

Until someone can actually tell my how my coins could get stolen from my Coinomi wallet in my turned of phone (that's actually stored in a metal bag in a metal safe) without my phone getting stolen I'll regard it as safe.

[erre]

When you turn on your phone, it is exposed to os vulnerabilities. And if you don't update the os you are making your phone more and more vulnerable as time pass. And you don't need the metal box if you put on a good password.

https://androidvulnerabilities.org

[JayJuanGee]

Now that you have more time on your hands, we'd really like to hear that country song.

No sad country song. Sorry to disappoint

But but but... the Neumann thingy...
I think many of us would settle for a happy country song, or a country song about some rich cowboy who doesn't give a "ratt's ass"* about nuttin...

*TM JJGee

     "ratt's ass" is part of the English language, so I hold no claim to it - except perhaps playing around with the spelling.       In other words, it's open source.   

[Arriemoller]

When you turn on your phone, it is exposed to os vulnerabilities. And if you don't update the os you are making your phone more and more vulnerable as time pass. And you don't need the metal box if you put on a good password.

https://androidvulnerabilities.org

Yes, but what do these vulnerabilities do? do they have any bearing what so ever to the Coinomi Wallet?
And what are the odds that they will affect my phone in those few moments it's turned on.

Edit to your edit. The metal box/bag also protects against solar flairs and EMP:s

[jojo69]

do you have a moment?

[Mathou2k]

fingers crossed !

[Arriemoller]

do you have a moment?

Yes.

[Toxic2040]

got me a new lambo, a fittness lambo
...bicycle.gif...
doing something for my health so I can hodl longer 

True story. Went to the Porsche dealership this morning for a State Inspection, oil and filter change on my 2016 911 Black Edition Cabriolet, and drove off with a brand new 2018 C4S Cabriolet instead.

I love you, Bitcorn.

Color or it didnt happen. Nice dude! Congrats!!

[thisisntbic]

do you have a moment?

Bear with me while I read you a scripture  

_{edit: awww, too young for pictures still? lol}

[erre]

Yes, but what do these vulnerabilities do? do they have any bearing what so ever to the Coinomi Wallet?
And what are the odds that they will affect my phone in those few moments it's turned on.

Edit to your edit. The metal box/bag also protects against solar flairs and EMP:s

I don't know, but the general consensus among experts (not tinfoil hats) is that you shouldn't trust a bunch of variable code/hardware we both can't understand, but instead trust math, and so printing keys is perfectly fine, even against solar flairs and emp
You can still import your paper wallet private keys in coinomi to claim forks, is even simpler than when you have balance in the wallet and is perfectly secure (if you move bitcoins from the wallet before doing it, but since you are going to trust coinomi even after is the same. But at least you trust coinomi and other stuffs for just a few minutes.

[TERA2]

Its still just only down 30% from the ATH lol

[Globb0]

I went to Mcdonalds for a cheeseburger and I got a quarter pounder with fries WTF!

[JayJuanGee]

Bitcoin price is being manipulated indeed. I'm sure absolutely sure that the price will do what known as ''The leap of the dead cat''. That mean it will go up near the historical maximum price and then go brutally below 10K $. Meanwhile not happens, the price will oscilate between 12K and 18K$.

I agree with the oscillating part, and something near those price points for oscillation; however, it seems that once BTC breaches $20k, then we are likely going to go to $25k and may even have a bit different dynamics, so there would not be a guarantee of a correction below $10k at that point, which would represent a greater than 60% correction from $25k, which certainly would not be unreasonable, but seems a bit too premature - especially if we have so much oscillation and consolidation in this sub-$20k arena....

So, even though your scenario is not unrealistic, it seems that the longer we oscillate in  the sub-$20k arena, the higher we go above $25k, and therefore we would have to reassess the extent of the subsequent correction and profit taking - so too early to call that it must go below $10k.. depending on how the supra $20k leg plays out - which also depends on how the oscillation leg plays out.... 

[vladimir21]

Guys what forks have to be released for btc to reach 20k again, would lightning network be enough?

[JayJuanGee]

Ok, so box is just geek for computer, and broadcast is just geek for send, and signing is still a mystery to me.
We do not speak the same language obviously.
How a turned of phone is less secure than a computer that you geeks run all the time is also a mystery to me.
I have no problem what so ever with having my coins on a phone, you are just way to afraid of ghosts.

two things;

You actually think a phone is ever turned off?

And no, an online computer is no more secure than a phone...that is what the offline computer is for.

I used to hold a decent portion of my bitcoins in my blockchain.info wallet that was paired to my phone.  However, when BTC prices went from about $700 to $2,500 I began to become quite nervous about how much value that represented.  It took me a little while to change around my security and to move a considerable amount of that value to off-line solutions (mostly hardware wallets). 

The other thing that I noticed was that I had some value that was fairly insecure, and I was not really thinking about it too much because maybe it had represented less than $500 during the sub $700 BTC prices period - but then all of a sudden, those funds became real value and even caused me some worry to make sure that I secured them and then ultimately transfered a decent portion of those previous "crumbs" to largely off-line solutions.

[fabiorem]

do you have a moment?

The original Satoshi vision!