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

[SheHadMANHands]

I'm really hoping we just go horizontal for like a week.. 

[1715121221]

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[worldlybedouin]

An interesting thought struck me earlier - now that the majority of my personal wealth lies with bitcoin, what would be the best and most secure way of leaving them in a will?!?  If I were to get run over by a truck tomorrow, my coins would probably be lost.  None of my family or friends would have any idea what to do with paper wallets either  

I hope I don't get beat up over this, but I asked the same question on the LTC forums (https://forum.litecoin.net/index.php/topic,6662.msg51607.html#msg51607)

Essentially I was interested in finding a lawyer who understood crypto currencies, so they could help out...that way my family doesn't have to rely on poorly written instructions, or forgetting all the little steps, etc.

[oda.krell]

bitstamp: "13 minutes   " since last trade..?

Bistamp crapped out, my orders stays "in process". On noes, the crash will finally be caused by Stamp..Ahhh run for the hills, bills, usd bills ...

Huh? I just logged in, and bitcoinwisdom also shows executed orders within the last 20min.

[SheHadMANHands]

bitstamp: "13 minutes   " since last trade..?

Bistamp crapped out, my orders stays "in process". On noes, the crash will finally be caused by Stamp..Ahhh run for the hills, bills, usd bills ...

Huh? I just logged in, and bitcoinwisdom also shows executed orders within the last 20min.

Seems to be fine now.

[SheHadMANHands]

Seems we officially passed 2x the previous Gox ATH, if only for a moment..

[micalith]

bitstamp: "13 minutes   " since last trade..?

Bistamp crapped out, my orders stays "in process". On noes, the crash will finally be caused by Stamp..Ahhh run for the hills, bills, usd bills ...

Huh? I just logged in, and bitcoinwisdom also shows executed orders within the last 20min.

Seems to be fine now.

btc-e seems down now

[bnjmnkent]

~9hrs until new funds arrive at bitstamp...

[SheHadMANHands]

btc-e seems down now

Ahh, the beauty of multiple "leading" exchanges.  Even if each has some degree of incompetency, it's extremely unlikely all of them will fail at the same time (like Gox did during April).

[haightst]

haaa no one saw the bitcoin shortage coming? ~ too funny!   /\700 club here we go!!!

[ChartBuddy]

[ardana123]

I can honestly see this going to 1000$. And once it hits 1000$, mainstream media wil go CUCKOO.

[samson]

no one saw the coin shortage coming! ~ too funny!   /\700 club here we go!!!

People will just stop buying if there's none for sale at a reasonable rate whatever that may be.

[DaSheep]

Somebody is "hiding" a ~2000BTC ask at around $3300 (Goxbux) on Gox's order book.  Not sure what they're trying to communicate since most people won't ever look up there.

I can hear it say: "Psst hey, whale friends, come up here and stop selling your coins so cheap!"

[Dargumin]

An interesting thought struck me earlier - now that the majority of my personal wealth lies with bitcoin, what would be the best and most secure way of leaving them in a will?!?  If I were to get run over by a truck tomorrow, my coins would probably be lost.  None of my family or friends would have any idea what to do with paper wallets either  

I hope I don't get beat up over this, but I asked the same question on the LTC forums (https://forum.litecoin.net/index.php/topic,6662.msg51607.html#msg51607)

Essentially I was interested in finding a lawyer who understood crypto currencies, so they could help out...that way my family doesn't have to rely on poorly written instructions, or forgetting all the little steps, etc.

There are online services which provide certain usernames and passwords for your digital after-life.  Perhaps a bitcoin version would be of use?   I just reg'd the domain name BitcoinBeyond.com  just in case I figure out how to make it work.

[Odalv]

1000$ by the end of the year?

No before the end of the year ...

[atleticofa]

1000$ by the end of the year?

No before the end of the year ...

We will see... 750 are really really close

[NewLiberty]

An interesting thought struck me earlier - now that the majority of my personal wealth lies with bitcoin, what would be the best and most secure way of leaving them in a will?!?  If I were to get run over by a truck tomorrow, my coins would probably be lost.  None of my family or friends would have any idea what to do with paper wallets either  

You could set up a bank account, linked to bitpay or some payment remitter, and use a time-locked transaction to it.  While you are alive, you can periodically interrupt this transaction so that it is not sent.  After you are dead, you no longer can and it will fund the bank accounts of your heirs.

There should be a service to do this for you before too long I have heard several in the works.

[worldlybedouin]

An interesting thought struck me earlier - now that the majority of my personal wealth lies with bitcoin, what would be the best and most secure way of leaving them in a will?!?  If I were to get run over by a truck tomorrow, my coins would probably be lost.  None of my family or friends would have any idea what to do with paper wallets either  

I hope I don't get beat up over this, but I asked the same question on the LTC forums (https://forum.litecoin.net/index.php/topic,6662.msg51607.html#msg51607)

Essentially I was interested in finding a lawyer who understood crypto currencies, so they could help out...that way my family doesn't have to rely on poorly written instructions, or forgetting all the little steps, etc.

There are online services which provide certain usernames and passwords for your digital after-life.  Perhaps a bitcoin version would be of use?   I just reg'd the domain name BitcoinBeyond.com  just in case I figure out how to make it work.

I think the simplest approach would be that you start the "BitcoinBeyond.com" service.  The service has lawyers who are familiar with estate law and cryptos.  Then the crypto nerd - such as myself - would leave a letter with private keys to my significant other whom I'd want to leave the cytpos to.  The letter would only contain say 1/2 of the private key with the remaining halves in a will.  That way no irate ex-spouse could get his/her hands on them without my will being read.  The estate lawyer at "BitcoinBeyond.com" would then assist the various recipients of the will's benefits to "cash out" the coins or do whatever other action they'd like.

[600watt]

november 18th. the day that the exchanges ran out of btc.

it will be called "empty monday"

and will be acknowledged as the day that bitcoin officially started going to da moon^TM
 

[Sitarow]

haaa no one saw the bitcoin shortage coming? ~ too funny!   /\700 club here we go!!!

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