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

[JayJuanGee]

I wonder: Would a Trezor survive liquid nitrogen?

Half-jokingly...USB connector tech has to survive too, which is not likely.
Maybe you can use a microscope to get the info, though.
Here is something regarding 11th century (and nearby) tech.
https://en.wikipedia.org/wiki/Medieval_technology
Well, interestingly enough, wheelbarrow was invented back then (in 12th century).

This is not quite 100% a joke: If you really believe Bitcoin is the shit, and it will be worth more later then there is a certain logic with dying with some, then being revived later, remembering your passphrase from long term memory, and having the whole money thing taken care of.

12th century paper and such is quite readable even now, as are long dead languages. It's not impossible to read an 8 inch floppy or a 1950's era core memory you just have to build an interface (trivial with something like a Raspberry Pi and a set of amplifiers). Maybe Cryptosteel anded with a code you memorize. Or a Cryptosteel that decrypts a Trezor wallet that is protected with a passphrase. Might be too easy to hack. Then again in 100 years a Trezor
s physical security would probably be trivial as well.

Hm. Do I really want to dunk my head in a tank of liquid nitrogen?

There might be some reasons to want to secure your bitcoin beyond one or two generations, but I think that it is better to discontinue with your scenarios about being able to come back in a future life... that's fucking ridiculous.  We have to be more practical in terms of our own finite lives and our financial and psychological plannings around our inevitable deaths... there are way the fuck more chances for life extension than being able to come back and even life extensions are likely not going to give you a whole hell of a lot of time.  So more practical is just to think of how you are going to spend your bitcoins while you are still alive and the extent to which you might want to pass some of them down.. Of course, you lose a decent amount of control when you pass down, and trusts that you control can usually only go a bit beyond the measurement of any life in being at the time that you create the trust... within the vast majority of common law rules against perpetuities principles.

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[JayJuanGee]

...

r0ach HATES crypto, I get that, but his commentary ought to be read by anyone here at W.O. who is over 30 - 35 or so...

Gold just touched $1500, and is at new ATHs in various FIAT$ around the world.

I have always believed in serious diversification.  I HODL BTC (plenty!), and watch it every day.  A pot-watcher.

Nonetheless, gold has 6000 years of proven value.  That IS meaningful.  Whether or not it retains its role into the future as the numeraire of all value assets remains to be seen (of course).  That is why diversification is so important.

NO ONE knows what will happen.  Not Shelby, not r0ach.  But, having an open mind is a great and wonderful thing.

You think that we need more hopium gold pumpers in here?   fuck.

[JSRAW]

"Media on Bitcoin:

2010: "what"
2011: *laughs*
2012: *laughs*
2013: *laughs*
2014: *laughs*
2015: *laughs*
2016: "Bitcoin used by criminals"
2017: "Bitcoin is a bubble"
2018: "Bitcoin wastes energy"
2019: "Bitcoin is safe haven and digital gold! Buy it!"

That escalated quickly."

https://twitter.com/Rhythmtrader/status/1158841530532188160?s=19

[epilido]

I wonder: Would a Trezor survive liquid nitrogen?

Half-jokingly...USB connector tech has to survive too, which is not likely.
Maybe you can use a microscope to get the info, though.
Here is something regarding 11th century (and nearby) tech.
https://en.wikipedia.org/wiki/Medieval_technology
Well, interestingly enough, wheelbarrow was invented back then (in 12th century).

This is not quite 100% a joke: If you really believe Bitcoin is the shit, and it will be worth more later then there is a certain logic with dying with some, then being revived later, remembering your passphrase from long term memory, and having the whole money thing taken care of.

12th century paper and such is quite readable even now, as are long dead languages. It's not impossible to read an 8 inch floppy or a 1950's era core memory you just have to build an interface (trivial with something like a Raspberry Pi and a set of amplifiers). Maybe Cryptosteel anded with a code you memorize. Or a Cryptosteel that decrypts a Trezor wallet that is protected with a passphrase. Might be too easy to hack. Then again in 100 years a Trezor
s physical security would probably be trivial as well.

Hm. Do I really want to dunk my head in a tank of liquid nitrogen?

Ummmm....just remember the seed and tattoo the I have bitcoin message.  If you can’t rember the seed then the reanimation was ....

[Paashaas]

Coinbase must face negligence suit over bCash launch.

https://www.bloomberg.com/news/articles/2019-08-07/coinbase-must-face-negligence-suit-over-bitcoin-cash-launch

[jojo69]

Coinbase must face negligence suit over bCash launch.

https://www.bloomberg.com/news/articles/2019-08-07/coinbase-must-face-negligence-suit-over-bitcoin-cash-launch

That article is the worst kind of word salad...almost unreadable.

This "Joel Rosenblatt" should be delivering pizzas.

[VB1001]

I'm twelve pages behind and I'm leaving in a few hours. It feels bad to leave with a backlog to start  
I will be out for a month more or less, and my access to this forum will be very limited.
I hope she behaves while I'm not here. I will be checking on her anyway

Maybe I'll be able to able to post before I leave. If not, see you in a few weeks.

Enjoy your vacation, when you return there will be many pages to read, rest.



CMC > BTC Dominance:  68.3%

Bitstamp > 1 BTC = +/- 11,665

All right.
 
Good morning WO,s

[Lambie Slayer]

I suspect the domestic terror threats of the next decade will be incel shitcoiners (every coin but Bitcoin) killing innocent nocoiners for not adopting their shitcoin.

Bitcoiners wont be affected bc of the ability to afford the best security sound money can buy.

via Imgflip Meme Generator

Hey Lambie! When $4900? 

I prefer we never see it again. 100k next month sounds more fun

But..... if 12300 ends up just being a lower high I would expect to see sub 9k in the next 30 days. 4900 was never really likely imo as I stated, just a number I dont think we can go below if shit really hits the fan.

[fillippone]

I'm twelve pages behind and I'm leaving in a few hours. It feels bad to leave with a backlog to start  
I will be out for a month more or less, and my access to this forum will be very limited.
I hope she behaves while I'm not here. I will be checking on her anyway

Maybe I'll be able to able to post before I leave. If not, see you in a few weeks.

Have a nice time out Eddie!
Don’t worry, JSRAW will do a wonderful recap post for you when you are back.
Price preciction when you are back:
1 BTC=1 BTC

[Lambie Slayer]

Off topic:

I tried the Impossible Whopper today at BK. You know the one with beyond meat. It tasted like shit.  

Sorry cows, but we arent gonna stop eating you anytime soon.

I worship no god but our Lord and Savior King BTCitcoin, but I will note in the Bible that as soon as Jesus was resurrected and reunited with his homies the desciples, he had one thing on his mind.....

King James Bible
"And while they yet believed not for joy, and wondered, he said unto them, Have ye here any meat?"

Meeeh them burgers is maybe 1% meat 

Its a vegan "burger". no meat

[Lambie Slayer]

Off topic:

I tried the Impossible Whopper today at BK. You know the one with beyond meat. It tasted like shit.  

Sorry cows, but we arent gonna stop eating you anytime soon.

I worship no god but our Lord and Savior King BTCitcoin, but I will note in the Bible that as soon as Jesus was resurrected and reunited with his homies the desciples, he had one thing on his mind.....

King James Bible
"And while they yet believed not for joy, and wondered, he said unto them, Have ye here any meat?"

Meeeh them burgers is maybe 1% meat  

I thought that the whole point is that there is 0% meat in them.

Fucking gross, but surely appealing to certain types of bullshit progressive logic  that wants to deceive us into believe that not natural is better for us than what nature makes... go figure.

I pretty much knew it was gonna be shit going in, but I like hearing all sides of arguments, and in this case I had to eat one to "hear" the vegan side of the story. Ironically the vegan patty is processed like a mofo and has more calories and sodium than the real thing. 

[JayJuanGee]

Off topic:

I tried the Impossible Whopper today at BK. You know the one with beyond meat. It tasted like shit.  

Sorry cows, but we arent gonna stop eating you anytime soon.

I worship no god but our Lord and Savior King BTCitcoin, but I will note in the Bible that as soon as Jesus was resurrected and reunited with his homies the desciples, he had one thing on his mind.....

King James Bible
"And while they yet believed not for joy, and wondered, he said unto them, Have ye here any meat?"

Meeeh them burgers is maybe 1% meat  

I thought that the whole point is that there is 0% meat in them.

Fucking gross, but surely appealing to certain types of bullshit progressive logic  that wants to deceive us into believe that not natural is better for us than what nature makes... go figure.

I pretty much knew it was gonna be shit going in, but I like hearing all sides of arguments, and in this case I had to eat one to "hear" the vegan side of the story. Ironically the vegan patty is processed like a mofo and has more calories and sodium than the real thing.  

Thanks for taking one for the team, team meat.... to the extent that we need a team.  

At some point we might be the only humans left living, unless a separate branch of humans split off, like the bcashers, but even the bcashers and even bcasher SVers don't seem that dumb.  Maybe the eth_heads would be a better comparison with their tendencies towards sustainability bullshit arguments?

[Lambie Slayer]

Off topic:

I tried the Impossible Whopper today at BK. You know the one with beyond meat. It tasted like shit.  

Sorry cows, but we arent gonna stop eating you anytime soon.

I worship no god but our Lord and Savior King BTCitcoin, but I will note in the Bible that as soon as Jesus was resurrected and reunited with his homies the desciples, he had one thing on his mind.....

King James Bible
"And while they yet believed not for joy, and wondered, he said unto them, Have ye here any meat?"

 Sadly, they gave Jesus fish.

Yep, thats why he ascended to the Carolina Moon and left them behind to get martyred. Rip fish boyz  shoulda had some beef handy.

via Imgflip Meme Generator

[JSRAW]

Guys can someone send couple of merits to this OP? poster is from my local board and am out of s-merits atm.

Thanks in advance

https://bitcointalk.org/index.php?topic=5172420.0

[Lambie Slayer]

Uh oh, looks like the evil cult of Judaism will be put in camps for their crimes once again:

You right winger extremest types are so paranoid that when one of you throws their life away for one of your causes, the others all claim false flag bc something in the manifesto didnt match each of your personal ideologies point for point.

Roach I promise you if you wrote a manifesto, and then killed a bunch of Jews that all the other hard core right winger nazi types would say you were a false flag operation bc only a Jew could love metal so much or some other nonsense they would come up with as they picked your manifesto apart.

[nutildah]

Guys can someone send couple of merits to this OP? poster is from my local board and am out of s-merits atm.

Thanks in advance

https://bitcointalk.org/index.php?topic=5172420.0

Sure, I have a couple to spare now, and I'm always looking to widen my merit circle. Done.

[JSRAW]

Guys can someone send couple of merits to this OP? poster is from my local board and am out of s-merits atm.

Thanks in advance

https://bitcointalk.org/index.php?topic=5172420.0

Sure, I have a couple to spare now, and I'm always looking to widen my merit circle. Done.

Thanks brother

@Totscha  thanks bro

[Lambie Slayer]

@fillippone, did you open this resto?? 

Im in Vegas a lot and I stopped by this place over a month ago to give it a try and support the cause. The restaurant was "closed for remodeling" but the coffee section was still open. I didnt go in as I dont drink coffee. Its all one space and the restaurant is pretty large so Im guessing coffee wont cut it and they wont be able to pay rent on such a big place for long.

Not sure why you remodel a place a few months old, very fishy. Probably going out of business imo. Salute the effort, but it didnt seem well thought out.

[zhekinsp]

I suspect the domestic terror threats of the next decade will be incel shitcoiners (every coin but Bitcoin) killing innocent nocoiners for not adopting their shitcoin.

Bitcoiners wont be affected bc of the ability to afford the best security sound money can buy.

via Imgflip Meme Generator

Hey Lambie! When $4900? 

I prefer we never see it again. 100k next month sounds more fun

But..... if 12300 ends up just being a lower high I would expect to see sub 9k in the next 30 days. 4900 was never really likely imo as I stated, just a number I dont think we can go below if shit really hits the fan.

I want to see those climbing girls not these side chicks.

[elrippos friend]

I suspect the domestic terror threats of the next decade will be incel shitcoiners (every coin but Bitcoin) killing innocent nocoiners for not adopting their shitcoin.

Bitcoiners wont be affected bc of the ability to afford the best security sound money can buy.

via Imgflip Meme Generator

Hey Lambie! When $4900? 

I prefer we never see it again. 100k next month sounds more fun

But..... if 12300 ends up just being a lower high I would expect to see sub 9k in the next 30 days. 4900 was never really likely imo as I stated, just a number I dont think we can go below if shit really hits the fan.

I want to see those climbing girls not these side chicks.

Agreed 100%