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

[jojo69]

[^^^may be culturally cryptic]

as would be the googolphonic stereo with the moonrock needle comment I was about to add

[1714051340]

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[jbreher]

So he claims it will be at least 6 years until we return to ATH, on no evidence whatsoever. 

I read into the blog that blogger subscribes to the 'time stretch between successive peaks' theory.

I find it ignorant of the underlying economics of the issuance halvening cycle, but it seems at least more than 'no evidence whatsoever'.

[jbreher]

There is no rush dudes.

Overheard: The dude abides.

Nobody No one said never.

[jbreher]

A major survey of 127,545 American adults found that married men are healthier than men who were never married or whose marriages ended in divorce or widowhood. Men who have marital partners also live longer than men without spouses; men who marry after age 25 get more protection than those who tie the knot at a younger age, and the longer a man stays married, the greater his survival advantage over his unmarried peers.

https://www.health.harvard.edu/newsletter_article/marriage-and-mens-health

I'm long-time happily-married, but I need to openly wonder whether the quoted study has a control group of 'married in all but the license and ceremony' pairings?

My wonder being limited to the level where I'm not inclined to actually read the study to find out.

[jbreher]

Who's buying beer based on BTC price actions?  You?

If you make such promises, you are going to need to be ready, willing and able to deliver upon your promise when the time comes...

I'm initiating an island rum toast to BobLablaw, who did indeed make good on his promise to buy us each a beer.

Drinking Rum before 10am makes you a Pirate, not an Alcoholic
– Earl Dibbles Jr.

::aaargh!::

[jbreher]

Well, strictly speaking 100% of all marriages eventually end

I lol'd. I'll counter that the reality you experience is dependent upon your frame of reference. Let alone your axioms.

[jbreher]

I want to call my yacht “I saw, I conquered, I came”

Edit:  although I might call it 15 for short (VVV)

One more level of indirection, and you can call it "Down There".

[jbreher]

anyway it was just your speeling put me off 'vedi'

Unintentionally Alanis?

[jbreher]

You'll be delighted to here their trying to oust Mrs May.

Your on a role.

[jbreher]

Scam CIA Emails Want Your Bitcoin

Those pesky scammers are up to no good once again!

It seems that now, a cryptocurrency fan has sent out a warning that scammers are posing as the Central Intelligence Agency (CIA) to trick you into sending over your Bitcoin. $10,000 worth of Bitcoin to be exact.

"We've got pictures of you wanking, and your email list. Send money to make this problem go away"?

Incidentally, I was contacted two days ago by the FBI. For reals. About Jon Montroll's exit scam. I'll post details in the relevant pre-existing thread. Maybe tomorrow. More ron to beber first.

[VB1001]

https://twitter.com/CryptoAmb/status/1109863814248521728

We will see how this ends.

[jbreher]

Would you be so kind as to enlighten me on slippage? In what way would it screw with trading?

I would assume the implication was that: if real volume be truly that large, then slippage should be much less than that experienced.

[Last of the V8s]

them wankers love their OG visiting http://bingology.net/2014/08/25/a-law-enforcement-encounter-if-you-ran-a-bitcoin-related-service-before-the-thing-hit-100-you-prolly-ought-to-be-somewhat-concerned-andor-prepared/

[jbreher]

While I don't agree with the implication, rum spew on computer monitor gets a merit. Them's the rules.

[vapourminer]

proving the legitimacy of my coins...

I understand the reasoning, but we shouldn't have to, otherwise btc usefulness would be diminished.

i agree. however i am taking no chances. all it takes is one bureaucrat or organization to question where you got some coins to make a huge mess.

easy enough for me to keep records, and hope i never need to use them.

[VB1001]

Scam CIA Emails Want Your Bitcoin

Those pesky scammers are up to no good once again!

It seems that now, a cryptocurrency fan has sent out a warning that scammers are posing as the Central Intelligence Agency (CIA) to trick you into sending over your Bitcoin. $10,000 worth of Bitcoin to be exact.

"We've got pictures of you wanking, and your email list. Send money to make this problem go away"?

Incidentally, I was contacted two days ago by the FBI. For reals. About Jon Montroll's exit scam. I'll post details in the relevant pre-existing thread. Maybe tomorrow. More ron to beber first.

Lol, Do not kill the messenger, people believe everything.

[jbreher]

In other news, what is WO take on giving btc to your own children? Worth it or idiotic since they don't know how to hold it safely?

I've been giving each of my progeny -- chillens and grandchillens -- one BTC (and one BCH ((and one BSV)) ) each year since years.

I look at the addresses each year to see how they're doing with them. All hodled tightly except for minimal percentages of daughter and one son, in whom I have instructed on the incremental laddered standing order plan.

[JayJuanGee]

[...]
Well, I don't know who else would pay that much for an empty wallet... Seems like a bit of a dumb plan, though. Archived in case the post is deleted.

Recover the BCH value?

Since the wallets will have 0 BTC at the time of transferring them to a new owner, then it is likely that they would have moved their coins before most of the forks were occurring, which started around August 2017.  Thus no Bcash coins would be in those wallets.  So far, the most plausible reason would be to be able to fake an identity.  I have not seen any better (or even somewhat feasible) explanation of motive, so far..

[bitserve]

If you wanna say "Hi" to CSW, he's here :

https://bitcointalk.org/index.php?topic=5120026

Well, I don't know who else would pay that much for an empty wallet... Seems like a bit of a dumb plan, though. Archived in case the post is deleted.

If you had lots of dodgy bitcoins.

A wallet that mined 300 bitcoins in the old days could be a viable "source" when explaining them at cash out


right?

proving the legitimacy of my coins...

I understand the reasoning, but we shouldn't have to, otherwise btc usefulness would be diminished.

If you ever plan to cash out some hundreds of thousands dollars or even just a few tens of thousands you better be able to prove the legal origin of it (if/when required to do so). Bonus if you can prove and track the entire history of it.

It's basically the same with EVERY asset. Ie: Suppose your father has some expensive Van Gogh. He, instead of donating you some (huge) money decides to just give it to you so that you can sell it for a huge amount of banking fiat in a Sotheby's auction and set you for life. But neither of you two declare the donation not pay the taxes (obviously). -> REKT!

Well, the same happens with Bitcoin. You need to prove how you obtained them, and when. You need to prove you didn't sold them previously and not pay due taxes. You need to pay your taxes.

And it is the same with cash.... it is just that in small quantities you can just USE it for daily expenses, etc... But you can't go use it to buy a home, a car, or anything "expensive" without having to prove the full trace of it.

For small quantities there's not much need to care though.

[vapourminer]

proving the legitimacy of my coins...

I understand the reasoning, but we shouldn't have to, otherwise btc usefulness would be diminished.

If you ever plan to cash out some hundreds of thousands dollars or even just a few tens of thousands you better be able to prove the legal origin of it (if/when required to do so). Bonus if you can prove and track the entire history of it.


For small quantities there's not much need to care though.

exactly that. just claiming that you traded on some obscure and now defunct exchange back in the day etc may not fly. i can directly trace the bulk of my coins right down to the day i mined them and on what pool. or traded them on a "legit" (<-whatever that means) exchange but in my case i mainly use bittrex, coinbase, poloniex or binance.. all duly reported to the irs like the dutiful little sheeple i am (which is very advisable here in the land of the "free" ie USA) which i figure is close enough.