Bitcoin Forum
January 21, 2020, 03:05:51 PM *
News: Latest Bitcoin Core release: 0.19.0.1 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Next Bubble Top (resulting in a new ATH):
Will never reach a new ATH - 2 (4.2%)
$20,000-$49,999 - 11 (22.9%)
$50,000-$99,999 - 15 (31.3%)
$100,000-$149,999 - 8 (16.7%)
$150,000-$199,999 - 4 (8.3%)
$200,000-$249,999 - 2 (4.2%)
$250,000-$299,999 - 0 (0%)
$300,000-$350,000 - 0 (0%)
>$350,000 - 6 (12.5%)
Total Voters: 48

Pages: « 1 ... 25679 25680 25681 25682 25683 25684 25685 25686 25687 25688 25689 25690 25691 25692 25693 25694 25695 25696 25697 25698 25699 25700 25701 25702 25703 25704 25705 25706 25707 25708 25709 25710 25711 25712 25713 25714 25715 25716 25717 25718 25719 25720 25721 25722 25723 25724 25725 25726 25727 25728 [25729] 25730 25731 25732 25733 25734 25735 25736 25737 25738 25739 25740 25741 25742 25743 25744 25745 25746 25747 25748 25749 25750 25751 25752 25753 25754 25755 25756 25757 25758 25759 25760 25761 25762 25763 25764 25765 25766 25767 25768 25769 25770 25771 25772 25773 25774 25775 25776 25777 25778 25779 ... 25872 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21498464 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (138 posts by 32 users deleted.)
xhomerx10
Legendary
*
Offline Offline

Activity: 2268
Merit: 2633


Aceeasi Marie cu alta palarie


View Profile
January 04, 2020, 04:50:20 PM
Merited by El duderino_ (3), Gyrsur (1)

#human activity#

I'm thinking about how to split 1 BTC for future use. if the price will go somewhere to the 1m level I will however be under the radar of large fiat tx monitoring (<10k EUR) by authorities if I have to transfer it to a marketplace.

I'm uncertain about to spilt 1 BTC to 1,000 (0.001) or 10,000 (0.0001) adresses and hold them on a TREZOR.

any thoughts on that from you guys?

EDIT: but I think split 1 BTC to 1,000 adresses (1,000 x 0.001) should be enough.

https://en.bitcoin.it/wiki/Address_reuse

 The cost is pretty low @ 1 sat per byte if you don't mind a few hours wait



 courtesy of https://www.buybitcoinworldwide.com/fee-calculator/
1579619151
Hero Member
*
Offline Offline

Posts: 1579619151

View Profile Personal Message (Offline)

Ignore
1579619151
Reply with quote  #2

1579619151
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1579619151
Hero Member
*
Offline Offline

Posts: 1579619151

View Profile Personal Message (Offline)

Ignore
1579619151
Reply with quote  #2

1579619151
Report to moderator
1579619151
Hero Member
*
Offline Offline

Posts: 1579619151

View Profile Personal Message (Offline)

Ignore
1579619151
Reply with quote  #2

1579619151
Report to moderator
1579619151
Hero Member
*
Offline Offline

Posts: 1579619151

View Profile Personal Message (Offline)

Ignore
1579619151
Reply with quote  #2

1579619151
Report to moderator
fillippone
Hero Member
*****
Offline Offline

Activity: 588
Merit: 2239


Legendary Member Wannabe


View Profile
January 04, 2020, 04:57:03 PM

#human activity#

I'm thinking about how to split 1 BTC for future use. if the price will go somewhere to the 1m level I will however be under the radar of large fiat tx monitoring (<10k EUR) by authorities if I have to transfer it to a marketplace.

I'm uncertain about to spilt 1 BTC to 1,000 (0.001) or 10,000 (0.0001) adresses and hold them on a TREZOR.

any thoughts on that from you guys?

EDIT: but I think split 1 BTC to 1,000 adresses (1,000 x 0.001) should be enough.

https://en.bitcoin.it/wiki/Address_reuse

 The cost is pretty low @ 1 sat per byte if you don't mind a few hours wait



 courtesy of https://www.buybitcoinworldwide.com/fee-calculator/


The cost per transaction is indeed very low now.
I am not that concerned about splitting my bitcoin stash into smaller amounts.
Coinjoin, Taproot, Dandelion and other privacy enhancing features will surely be widely available by the time I will spend my BTC.

(To the IRS guy reading this chat: this is highly hypothetical. I had bitcoins, but I lost my private keys on a boating accident).
jbreher
Legendary
*
Offline Offline

Activity: 2632
Merit: 1385


lose: unfind ... loose: untight


View Profile
January 04, 2020, 05:00:18 PM

even though you failed and refused to get four wheel drive in it

incorrectomundo, JJG

Wink
nutildah
Legendary
*
Offline Offline

Activity: 1638
Merit: 2661


https://bitcoin.watfordfc.com


View Profile
January 04, 2020, 05:02:03 PM

I liked the original too.  Smiley


Ot oh!



I like this one... I'm stealing it for my thread about Donald Trump memes.
El duderino_
Legendary
*
Offline Offline

Activity: 938
Merit: 3275


Bitcointalk, where moral and ethical people post!


View Profile
January 04, 2020, 05:02:11 PM

even though you failed and refused to get four wheel drive in it

incorrectomundo, JJG

Wink

@jbreher, why don't you give the game a try and a small text about why you think the guessed price you would give??
xhomerx10
Legendary
*
Offline Offline

Activity: 2268
Merit: 2633


Aceeasi Marie cu alta palarie


View Profile
January 04, 2020, 05:02:38 PM

#human activity#

I'm thinking about how to split 1 BTC for future use. if the price will go somewhere to the 1m level I will however be under the radar of large fiat tx monitoring (<10k EUR) by authorities if I have to transfer it to a marketplace.

I'm uncertain about to spilt 1 BTC to 1,000 (0.001) or 10,000 (0.0001) adresses and hold them on a TREZOR.

any thoughts on that from you guys?

EDIT: but I think split 1 BTC to 1,000 adresses (1,000 x 0.001) should be enough.

https://en.bitcoin.it/wiki/Address_reuse

 The cost is pretty low @ 1 sat per byte if you don't mind a few hours wait



 courtesy of https://www.buybitcoinworldwide.com/fee-calculator/


The cost per transaction is indeed very low now.
I am not that concerned about splitting my bitcoin stash into smaller amounts.
Coinjoin, Taproot, Dandelion and other privacy enhancing features will surely be widely available by the time I will spend my BTC.

(To the IRS guy reading this chat: this is highly hypothetical. I had bitcoins, but I lost my private keys on a boating accident).


  I'm not sure it's something I need to do but I keep it in the back of my mind simply because the last time we hit an ATH, fees got quite high.

 I'm going to buy a boat; an old, leaky, high density boat.
Gyrsur
Legendary
*
Offline Offline

Activity: 2380
Merit: 1218


I, Quant


View Profile
January 04, 2020, 05:02:52 PM

#human activity#

I'm thinking about how to split 1 BTC for future use. if the price will go somewhere to the 1m level I will however be under the radar of large fiat tx monitoring (<10k EUR) by authorities if I have to transfer it to a marketplace.

I'm uncertain about to spilt 1 BTC to 1,000 (0.001) or 10,000 (0.0001) adresses and hold them on a TREZOR.

any thoughts on that from you guys?

EDIT: but I think split 1 BTC to 1,000 adresses (1,000 x 0.001) should be enough.

https://en.bitcoin.it/wiki/Address_reuse

 The cost is pretty low @ 1 sat per byte if you don't mind a few hours wait



 courtesy of https://www.buybitcoinworldwide.com/fee-calculator/

The cost per transaction is indeed very low now.
I am not that concerned about splitting my bitcoin stash into smaller amounts.
Coinjoin, taproot, Schnoor signatures and other privacy mean hung feature will surely be widely available by the time I will spend my BTC.

(To the IRS guy reading this chat: this is highly hypothetical. I had bitcoins, but I lost my private keys on a boating accident).

same for me I was robbed on a India trip and lost my TREZOR to just gangsters.
xhomerx10
Legendary
*
Offline Offline

Activity: 2268
Merit: 2633


Aceeasi Marie cu alta palarie


View Profile
January 04, 2020, 05:03:34 PM

#human activity#

I'm thinking about how to split 1 BTC for future use. if the price will go somewhere to the 1m level I will however be under the radar of large fiat tx monitoring (<10k EUR) by authorities if I have to transfer it to a marketplace.

I'm uncertain about to spilt 1 BTC to 1,000 (0.001) or 10,000 (0.0001) adresses and hold them on a TREZOR.

any thoughts on that from you guys?

EDIT: but I think split 1 BTC to 1,000 adresses (1,000 x 0.001) should be enough.

https://en.bitcoin.it/wiki/Address_reuse

 The cost is pretty low @ 1 sat per byte if you don't mind a few hours wait



 courtesy of https://www.buybitcoinworldwide.com/fee-calculator/

The cost per transaction is indeed very low now.
I am not that concerned about splitting my bitcoin stash into smaller amounts.
Coinjoin, taproot, Schnoor signatures and other privacy mean hung feature will surely be widely available by the time I will spend my BTC.

(To the IRS guy reading this chat: this is highly hypothetical. I had bitcoins, but I lost my private keys on a boating accident).

same for me I was robbed on a India trip and lost my TREZOR to just gangsters.

 Fuckin thugs! Wink
bitserve
Legendary
*
Offline Offline

Activity: 1092
Merit: 1018


Self made HODLER ✓


View Profile
January 04, 2020, 05:04:42 PM
Merited by JayJuanGee (1)



how? I'm very interested in your answer, really.


And if you do use a mixer or are able to really ofuscate your coins... then comes the problem on future AML/KYC where you could have problems spending your coins.

if you have countries like Portugal or Germany (where you just have to prove you own the address more than a year) i do expect not a large problem even if you have to go with the AML/KYC procedure.

Prove of ownership more than a year in the past for a single adress with a amount of 0.001 BTC on it would be perfect for me in 2027.  Grin

Well, let's say you do your split one BTC into 1000 parts. Ok, unless you do a lot more additional movements it would be easy to see where do those BTC come from. AND if you ever use more than one to do a payment (ie: for any tx higher than 0.001) you will have to combine several and then it will be absolutely clear the common point where these addresses come from.

It's not just proof of ownership, but origin of funds... something that complicates if you do manage to really obfuscate the origin of yours. And in the case of using a mixer, you could end with coins "tainted" in some way or another.

I mean, yeah, go split some of your coins if you want.... but don't go full retard onto it Tongue
jojo69
Legendary
*
Offline Offline

Activity: 1638
Merit: 2103


no FOMO


View Profile
January 04, 2020, 05:09:11 PM



(To the IRS guy reading this chat:

 Fuckin thugs!


.
JimboToronto
Legendary
*
Online Online

Activity: 2436
Merit: 1355


You're never too old to be young.


View Profile
January 04, 2020, 05:11:28 PM

Still too many $10K+ bulltards though Sad



 Grin
jojo69
Legendary
*
Offline Offline

Activity: 1638
Merit: 2103


no FOMO


View Profile
January 04, 2020, 05:13:59 PM
Merited by marcus_of_augustus (2), jbreher (1), HI-TEC99 (1)

bitserve
Legendary
*
Offline Offline

Activity: 1092
Merit: 1018


Self made HODLER ✓


View Profile
January 04, 2020, 05:14:28 PM

Still too many $10K+ bulltards though Sad



 Grin

11651-11700      bitserve

Grin
Gyrsur
Legendary
*
Offline Offline

Activity: 2380
Merit: 1218


I, Quant


View Profile
January 04, 2020, 05:15:20 PM
Last edit: January 04, 2020, 05:29:09 PM by Gyrsur



how? I'm very interested in your answer, really.


And if you do use a mixer or are able to really ofuscate your coins... then comes the problem on future AML/KYC where you could have problems spending your coins.

if you have countries like Portugal or Germany (where you just have to prove you own the address more than a year) i do expect not a large problem even if you have to go with the AML/KYC procedure.

Prove of ownership more than a year in the past for a single adress with a amount of 0.001 BTC on it would be perfect for me in 2027.  Grin

Well, let's say you do your split one BTC into 1000 parts. Ok, unless you do a lot more additional movements it would be easy to see where do those BTC come from. AND if you ever use more than one to do a payment (ie: for any tx higher than 0.001) you will have to combine several and then it will be absolutely clear the common point where these addresses come from.

It's not just proof of ownership, but origin of funds... something that complicates if you do manage to really obfuscate the origin of yours. And in the case of using a mixer, you could end with coins "tainted" in some way or another.

I mean, yeah, go split some of your coins if you want.... but don't go full retard on it Tongue

i don't doubt that if you have addresses with which you will get in focus of authorities because you have an monthly income of <10k and you want to cash out an address with >500k on it. but if you are flying under the radar with small addresses you don't have to prove the origin of funds. and even if. I bought mining equipment in 2013 for what? to play SatoshiDice and lost all or either not.
jbreher
Legendary
*
Offline Offline

Activity: 2632
Merit: 1385


lose: unfind ... loose: untight


View Profile
January 04, 2020, 05:21:40 PM

Fees are low right now, but if Bitcoin grows fees with be high again. Maybe not that high as in Q4 2017, but still.

Maybe higher. Maybe much much higher.
El duderino_
Legendary
*
Offline Offline

Activity: 938
Merit: 3275


Bitcointalk, where moral and ethical people post!


View Profile
January 04, 2020, 05:23:45 PM

Fees are low right now, but if Bitcoin grows fees with be high again. Maybe not that high as in Q4 2017, but still.

Maybe higher. Maybe much much higher.

time will tell, as for every aspect...
realr0ach
Sr. Member
****
Offline Offline

Activity: 896
Merit: 311


#TheGoyimKnow


View Profile
January 04, 2020, 05:25:21 PM

Trollgoossen, what do you think about this quantitative analysis?

Quote
- In Germany alone, the Jews were a tiny minority which, according to a 1933 census, was approximately 505,000 people

- An average body takes about three hours to burn completely, and that’s with today’s technology

- 6,000,000 bodies x 3 hours (with today’s cremation process) = 18,000,000 hours or 750,000 days or 2,054 years – in other words, the Germans would still be burning bodies of so-called Jewish victims, even if they were attempting to incinerate just 500,000 of them, let alone 6,000,000.
jbreher
Legendary
*
Offline Offline

Activity: 2632
Merit: 1385


lose: unfind ... loose: untight


View Profile
January 04, 2020, 05:25:46 PM

@jbreher, why don't you give the game a try and a small text about why you think the guessed price you would give??

Thanks, mic. But no thanks.

As to why, it might be only because each time I logged on, I'd have yet another unread thread clamoring for my attention. Which in today's attention-starved environment, is reason enough.
Gyrsur
Legendary
*
Offline Offline

Activity: 2380
Merit: 1218


I, Quant


View Profile
January 04, 2020, 05:26:04 PM

Fees are low right now, but if Bitcoin grows fees with be high again. Maybe not that high as in Q4 2017, but still.

Maybe higher. Maybe much much higher.

not this again!  Grin
bitserve
Legendary
*
Offline Offline

Activity: 1092
Merit: 1018


Self made HODLER ✓


View Profile
January 04, 2020, 05:29:51 PM



how? I'm very interested in your answer, really.


And if you do use a mixer or are able to really ofuscate your coins... then comes the problem on future AML/KYC where you could have problems spending your coins.

if you have countries like Portugal or Germany (where you just have to prove you own the address more than a year) i do expect not a large problem even if you have to go with the AML/KYC procedure.

Prove of ownership more than a year in the past for a single adress with a amount of 0.001 BTC on it would be perfect for me in 2027.  Grin

Well, let's say you do your split one BTC into 1000 parts. Ok, unless you do a lot more additional movements it would be easy to see where do those BTC come from. AND if you ever use more than one to do a payment (ie: for any tx higher than 0.001) you will have to combine several and then it will be absolutely clear the common point where these addresses come from.

It's not just proof of ownership, but origin of funds... something that complicates if you do manage to really obfuscate the origin of yours. And in the case of using a mixer, you could end with coins "tainted" in some way or another.

I mean, yeah, go split some of your coins if you want.... but don't go full retard on it Tongue

i don't doubt that if you have addresses with which you will get in focus of authorities because you have an monthly income of <10k and you want to cash out an address with >500k on it. but if you are flying under the radar with small addresses you don't have to prove the origin of funds. and even if. I bought mining equipment for what? to play SatoshiDice and lost all.

It depends on what you plan to do.

Will you will you not want to cash out a significant ammount?

If you won't ever cash out, or only insignificant amount then yeah, whatever you do will probably irrelevant.

But, if you ever want to cash out a significant amount, ie: 50K, 100K, 500K, 1MM... You better be prepared to demonstrate origin of funds and, probably, full "chain of custody".

That you do it using small batches doesn't really matter. It is the yearly total what does.

KYC/AML will only get worse in the future. It is for that what you do want to be prepared.

As I said, there is some point in maintaning some separate BTC "accounts" but splitting 1 BTC into 1000 addresses is totally unjustified, cumbersome, expensive and probably doesn't offer any advantage. But hey, it's your BTC!  Grin
Pages: « 1 ... 25679 25680 25681 25682 25683 25684 25685 25686 25687 25688 25689 25690 25691 25692 25693 25694 25695 25696 25697 25698 25699 25700 25701 25702 25703 25704 25705 25706 25707 25708 25709 25710 25711 25712 25713 25714 25715 25716 25717 25718 25719 25720 25721 25722 25723 25724 25725 25726 25727 25728 [25729] 25730 25731 25732 25733 25734 25735 25736 25737 25738 25739 25740 25741 25742 25743 25744 25745 25746 25747 25748 25749 25750 25751 25752 25753 25754 25755 25756 25757 25758 25759 25760 25761 25762 25763 25764 25765 25766 25767 25768 25769 25770 25771 25772 25773 25774 25775 25776 25777 25778 25779 ... 25872 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!