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

[JSRAW]

Beer example.....mehhh. It must be late night for you JJG so i can understand that,  Will wait for another example   

 Long time ago I held 70 beer for a friend. I worried about losing those beer for an entire week.  Never again!

I understand you got rich friends.. but never follow their habits when spending.


Anyways its Sonday so handwritten piece from our beloved roachie (#Nothaiku), his nickname is poo.

[alevlaslo]

Woe is all, no one has answered correctly why the crypt will grow (the only question is - which): any invention entails a need for it, so it is evil. The creation of clothes led to the disappearance of their own fur, now without clothes is not only ugly, but also cold, and it must be washed and bought

[xhomerx10]

Beer example.....mehhh. It must be late night for you JJG so i can understand that,  Will wait for another example   

 Long time ago I held 70 beer for a friend. I worried about losing those beer for an entire week.  Never again!

I understand you got rich friends.. but never follow their habits when spending.

~snip

 When I held them they were worth less than $100 each.  Which was still a lot of money for me to come up with if I lost them.  No, there are no rich friends in my Rolodex; those Bitcoin were sold many moons ago for much, much less than the moon for... reasons.

[fillippone]

<...>

This is gold.
I though genuinely that the hat mania had to do with the “corn” nickname so common in the thread.
Being those hat very like the one used by the corn farmer in the Midwest I thought that those were the one most interested in nurturing the different, digital “corn”.

But I was wrong apparently.

But hey!
I take the pride in inventing the official “WO hand sign”!

[JSRAW]

Glad... you edited   was about to ping you stallion

Edit : this is merit abuse.... there is thingy called "mutual understanding" among the friends 

[El duderino_]

@VB1001 very very nice to write the start of the HAT story, though its micgoossens Aaaand damn ?? Is it that "jonoiv" that later on was spamming the WO? Hope i'm wrong cause he was involved in the story

[makrospex]

Thanks so far for your suggestions and opinions on the secure, inheritable seed storage topic.
It's a hell of effort for me to quote everybody's contribution i'm referring to here, so i round it up in this unilateral post, to avoid to totally mess it up.

I now consider storing one half of every seed in a place where i must have at least personal contact to a human to access the seedwords.
That means safe (yuck) or notary. Maybe both, half seedwords in the safe, passphrase at the notary for post mortem inheritance reasons or something like that.

JJG: I didn't tell the bank's employee anything about crypto, and i would i never do so. I just mentioned folded, single paper sheets and little items. I guess i will keep the ledger(s) at home for everyday use and to follow the two-level anti-thug advice of sacrificing a few % of my crypto (by mindrust, if i'm correct), which was also brilliant.

Somebody was curious about the country, it's Austria (the one without the kangaroos).

The finger is doing nice, at least no signs of infection and i can use it for typing again. This should end well, and i regard that as a warning by the universe, to follow safety standards with cutting tools. Even worse, i have a pair of kevlar gloves lying around. I should have used them. Once i rammed the base of my thumb into a sharp sheet metal edge, which got it cut half off, with a lot more blood, hospital, stitches and temporary nerve damage involved. Doctors did beautyful work, ten years later the scar is very light and thin.

Thanks for the love, practical tips and support so far #nohomo

I'm in read-only mode for the rest of the day or two, need to make a few wood/metal rings (jewellery) soon, which still needs quite some research and experimentation, and also craft another two of those bitcointalk anniversary ebony poker chips, using a different process.

[VB1001]

I never imagined that this thread would have its very own Master Chronicler!  That's amazing VB1001.

It is a shame not to have more knowledge of the language, this story has a lot of play to make a fun and enjoyable article.
I just try to collect lost information in the thread's funds and rescue it in some way so that it is always available.
Anyway we are talking about the thread with more volume of posts in the forum.

This is gold.
I though genuinely that the hat mania had to do with the “corn” nickname so common in the thread.
Being those hat very like the one used by the corn farmer in the Midwest I thought that those were the one most interested in nurturing the different, digital “corn”.

But I was wrong apparently.

But hey!
I take the pride in inventing the official “WO hand sign”!

I've always been interested in hats because of the direct link with WO = BTC = HAT
I knew more or less the origin and knew the date of the first hat of xhomer10 / Hairy, but had not looked for the how and why of the hat.

@VB1001 very very nice to write the start of the HAT story, though its micgoossens Aaaand damn ?? Is it that "jonoiv" that later on was spamming the WO? Hope i'm wrong cause he was involved in the story

Sorry for the typographical errors that may exist, I have to check the entire post again and include or edit some things, such as writing the full username, now some hats are colloquially named and this could cause some misinterpretation, for novices or sporadic visitors of the thread who want to know about the origin of the hats.

[d_eddie]

By the way, I am still on the lookout for a reliable dead man switch arrangement. I'm afraid if anything happens to me, my family won't be able to collect. Any tips? Should I open yet another thread "out there"?

[El duderino_]

Saturday was fine.
Great gastronomic evening.
Now where Haiku's at?

[El duderino_]

Counterproductive
and donkey stubbornness, yes!!!
Speaking about r0ach.

[JSRAW]

Liberals are fucked
Eddie tag the mighty Jay
Bitcoin is fine

[Icygreen]

Bitfinex still on a rip towards the largest long position since 2018.  Does this mean absolutely nothing? Makes me think we're about to strike upwards towards 8.5-9K
BTCUSDLONGS

[dragonvslinux]

By the way, I am still on the lookout for a reliable dead man switch arrangement. I'm afraid if anything happens to me, my family won't be able to collect. Any tips? Should I open yet another thread "out there"?

The best way I can see this working is by already transmitting the transaction, to a wallet that your family already own, but with a time delay of anywhere between a few months and a decade (depending on your desire for maintenance). I'd like to think this can be done by transmitting into a specific block in the future with nLockTime (discussion here), but I may be wrong. Possibly there are features within the lightning network that can facilitate this as well but again not sure.

This would act as the most reliable insurance for worst case scenarios, and don't already have shared custody set up, but more importantly would guarantee that your family get your Bitcoin, at an eventual date of your chosing - without the need for the switch, which is a single-point-of-failure in itself. What if you don't have access to your switch for example? Pragmatically speaking this is what you want I believe, a permanent solution dependent only on the variable of time, as opposed to your access to a switch.

Hope that helps with the brainstorming.

hat talk

One day, I wish to have one of these hats.

[gembitz]

Bitfinex still on a rip towards the largest long position since 2018.  Does this mean absolutely nothing? Makes me think we're about to strike upwards towards 8.5-9K
BTCUSDLONGS

10k soon?    kaboom!!

[JayJuanGee]

Looking for the beginning of the hats, written directly, highlighting, the most interesting, just trying to tell this beautiful story:

When reviewing the pages of 2018, the first publication that refers to a hat is a Last of the V8s publication, it seems that it was the trigger of the WO hats at the HairyMaclairy appointment.

Last of the V8s 15 October 2018, 08:14:02:, Question: Have you ever eaten a hat? and Hairy October 15, 2018, 08:14:50 replie: Well that depends.  What sort of hat?
V8 cannot keep his mouth shut and responds October 15, 2018, 08:17:01: your own. full of doomy predictions and other rubbish

From my recollection, this early hat history conversation goes back before October 15, 2018 - because I believe that the main reason that V8 was razzing Hairy so much about hat eating was because months earlier Hairy had said that he would eat his hat if there was certain BTC price movement.  I can't remember exactly the bold prediction, so I went back and looked at Hairy's posts for many months before October 15, but I could not find such post.. so I cannot exactly refresh my memory with an actual post.

[jojo69]

Pugh, Pugh, Barney McGrew, Cuthbert, Dibble, Grubb.

[suchmoon]

From my recollection, this early hat history conversation goes back before October 15, 2018 - because I believe that the main reason that V8 was razzing Hairy so much about hat eating was because months earlier Hairy had said that he would eat his hat if there was certain BTC price movement.  I can't remember exactly the bold prediction, so I went back and looked at Hairy's posts for many months before October 15, but I could not find such post.. so I cannot exactly refresh my memory with an actual post.

This possibly?

Are we crashing upwards again? This is confusing, isn't it?

A full month continually crashing and we are only a few thousands below ATH. Yeah.

We are bottoming. If not this week, then next week.  I’ll eat my hat if we are still bumping $12k in late January.

Peter R:  take your shitty altcoin somewhere else.  Maybe the Ripple fools will buy it.

[JimboToronto]

Good morn Bitcoinland
Seven five four nine dollars
(Bitcoinaverage).

Sideways is boring
But I guess it's still better
Than going downward.

Those of us who hold
Do not need to give a phucque
We're sitting pretty.

[d_eddie]

By the way, I am still on the lookout for a reliable dead man switch arrangement. I'm afraid if anything happens to me, my family won't be able to collect. Any tips? Should I open yet another thread "out there"?

The best way I can see this working is by already transmitting the transaction, to a wallet that your family already own, but with a time delay of anywhere between a few months and a decade (depending on your desire for maintenance). I'd like to think this can be done by transmitting into a specific block in the future with nLockTime (discussion here), but I may be wrong. Possibly there are features within the lightning network that can facilitate this as well but again not sure.

This would act as the most reliable insurance for worst case scenarios, and don't already have shared custody set up, but more importantly would guarantee that your family get your Bitcoin, at an eventual date of your chosing - without the need for the switch, which is a single-point-of-failure in itself. What if you don't have access to your switch for example? Pragmatically speaking this is what you want I believe, a permanent solution dependent only on the variable of time, as opposed to your access to a switch.

Hope that helps with the brainstorming.

Thanks for your reply, dragonvslinux.
Unfortunately, your proposed solution doesn't cut it for me.
My family are mostly nocoiners.
Besides, I don't like to set up a transaction to a different address. IMO, the coins shouldn't move if there is no need to cash out.
What I would like to do is send an encrypted email with instructions on redeeming a wallet through its seed - and send it NOW.
The dead man switch I am imagining would just send the key to decrypt the email containing the seed.