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

[cAPSLOCK]

--snipp-- Excellent guide for seed phrase wallet security, passphrases and plausible deniability.

Edit: Corrected some typos.

Thanks for the guide.  Ginourmous merit pile given.

One complaint.  Probably already mentioned...  

"Infinite".  If you put the word virtually in there I think we are more accurate.  Because if we all have infinate addresses, then we all... well have the same addresses.  We just all START from a different point.

Thanks cAPSLOCK, glad you guys liked my post, this subject fascinates me, and I enjoy talking about it.

About your comment regarding "infinite", I see what you're trying to say, but still, it's OK to use the word "infinite", as explained below:

Suppose you assign each one of all wallets in existence a unique, non-negative integer ID.

Let's say I have access to the wallets with IDs: 0, 2, 4, ... Inf.
You have access to the wallets with IDs: 1, 3, 5, ... Inf.

You have access to infinite wallets. I also have access to infinite wallets. But none of my wallets have the same ID as any of yours. What this means is that there can be infinite sets that do not share common elements (like the sets of even and odd numbers, as illustrated above).

The word "infinite", as I used it in my Plausible Deniability post, is indeed not accurate, but for a different reason. In reality, the keys belong to a finite (albeit extremely large) set, so the number of wallets in existence is not really infinite. But it's so large that it's "practically infinite".

That was actually the basic point I was going to make about the size of the overall key space, but then I started having a flashback or something and started thinking about infinity and riffing...

[Tash]

Meta: It's troubling to me in a way. I've read reports that it is disproportionately affecting black and brown folk more severely than other races. Evidently there is some genetic component involved, leading to a harsher response to the virus. Sheeit.

Majority of sicknesses including Covid is nothing else as wrong nutrition.
Daily intake of about 70% alkaline and 30% acidic food and anyone is as strong as can be. Flu, Covid, Common Cold.... not a worry.

Like a 2 component glue if mix according to instruction its hold well, if mixed wrong and 90% hardener is used or something crazy it will break at first sign of stress.

Acidic food: Seafood, Meat, Cheese, Grains (Wheat, Rye, Rice..), pasteurized food, Milk, Pale Beer, Carbonated drinks (sparkling mineral water, Coke...)
Alkaline  food: Fruit, Vegetables, Herbs/Spices, natural fermented food, Honey, Some Nuts (Chest, Pine, Coco, Hazel, Macadamia), Wine, Draft Beer, Stout Beer, Coffee, Tea...

What else is Acidic, Face Mask as exhaled CO2 (acidic) is partly re-inhaled because mask prevent it from being proper exchanged for fresh oxygen.

Healthy blood pH is 7.35 - 7.45 slight alkali, 7 is neutral, 0 max acid, 14 max basic (alkali), log scale

 WTF kind of weird science are you on?  Last time I checked, the neutral level on the pH scale was 7.  Anything below was considered acidic and anything above was considered alkaline.  ALL fruits and vegetables have a pH of less than 7, most fruits are extremely acidic.  Did you just make this up today?  This is surreal.  Please stop "helping" us.

N.B. It's a good idea to eat fruits and veggies. Do not ingest glue and/or hardener or subject yourself to stresses that will break you.
disclaimer: I am not a pharmacist.

You sure are surreal.

most fruits are extremely acidic

   Hint, Liquid drain cleaner, bleaches, ammonia solution, urin, battery acid, hydrochloric acid..... are not food


7 is neutral pH score. The pH scale is logarithmic, inversely and used to specify how acidic or basic (alkaline) a water-based solution is.
0 is neutral PRAL value. All Food has a PRAL value (Potential Renal Acid Load, or Potential Kidney Acid Load).  

The larger the PRAL magnitude, the more alkaline or acidic the food is
Apricots, dehydrated -33
Apricots, dried -22
White potato -5
Apricots, raw -4
Tomatoes, cooked, raw -3.5, -4,1
Apple, raw -1.9
Wine, dessert, sweet -1.8
Beer, lite -0.1
Bread, toasted 3.2
Tuna, fresh, raw 7.7
Tuna, steamed or poached 10.8
Beef, cooked 13.2
Chicken 14.5
Tuna, dried 17.7
Cheese, Parmesan, hard 24.7
Fish, dried 29.8


Long term study with 100000 participants
https://academic.oup.com/ajcn/article/106/1/146/4569818

Conclusion

In conclusion, a high dietary acid load score is associated with an increased risk of death from all causes and CVD, particularly IHD mortality. The findings of our study suggest that maintaining an adequate acid-base balance can contribute to longevity by decreasing the risk of death, predominantly from CVD. Further prospective research and randomized trials are needed to confirm our findings.

[bitebits]

For those using https://privnote.com, often used as a private PM alternative, be aware of impersonator website privnotes (the .com domain seems to be taken down but .ru still works):

https://krebsonsecurity.com/2020/06/privnotes-com-is-phishing-bitcoin-from-users-of-private-messaging-service-privnote-com/

[xhomerx10]

Meta: It's troubling to me in a way. I've read reports that it is disproportionately affecting black and brown folk more severely than other races. Evidently there is some genetic component involved, leading to a harsher response to the virus. Sheeit.

Majority of sicknesses including Covid is nothing else as wrong nutrition.
Daily intake of about 70% alkaline and 30% acidic food and anyone is as strong as can be. Flu, Covid, Common Cold.... not a worry.

Like a 2 component glue if mix according to instruction its hold well, if mixed wrong and 90% hardener is used or something crazy it will break at first sign of stress.

Acidic food: Seafood, Meat, Cheese, Grains (Wheat, Rye, Rice..), pasteurized food, Milk, Pale Beer, Carbonated drinks (sparkling mineral water, Coke...)
Alkaline  food: Fruit, Vegetables, Herbs/Spices, natural fermented food, Honey, Some Nuts (Chest, Pine, Coco, Hazel, Macadamia), Wine, Draft Beer, Stout Beer, Coffee, Tea...

What else is Acidic, Face Mask as exhaled CO2 (acidic) is partly re-inhaled because mask prevent it from being proper exchanged for fresh oxygen.

Healthy blood pH is 7.35 - 7.45 slight alkali, 7 is neutral, 0 max acid, 14 max basic (alkali), log scale

 WTF kind of weird science are you on?  Last time I checked, the neutral level on the pH scale was 7.  Anything below was considered acidic and anything above was considered alkaline.  ALL fruits and vegetables have a pH of less than 7, most fruits are extremely acidic.  Did you just make this up today?  This is surreal.  Please stop "helping" us.

N.B. It's a good idea to eat fruits and veggies. Do not ingest glue and/or hardener or subject yourself to stresses that will break you.
disclaimer: I am not a pharmacist.

Fruits and vegetables have a pH of less than 7

  Hint, Liquid drain cleaner, bleaches, ammonia solution, urin, battery acid, hydrochloric acid..... are not food

7 is neutral pH score. The pH scale is logarithmic and inversely and used to specify how acidic or basic a water-based solution is.
0 is neutral PRAL value. You confuse pH (power of Hydrogen) with PRAL value (Potential Renal Acid Load, or Potential Kidney acid load).  

The larger the PRAL magnitude, the more alkaline or acidic the food is
Apricots, dehydrated -33
Apricots, dried -22
Apricots, raw -4
Apple, raw -1.9
Wine, dessert, sweet -1.8
Beer, lite -0.1
Bread, toasted 3.2
Tuna, fresh, raw 7.7
Tuna, steamed or poached 10.8
Beef, cooked 13.2
Chicken 14.5
Tuna, dried 17.7
Cheese, Parmesan, hard 24.7
Fish, dried 29.8


Long term study with 100000 participants
https://academic.oup.com/ajcn/article/106/1/146/4569818

Conclusion

In conclusion, a high dietary acid load score is associated with an increased risk of death from all causes and CVD, particularly IHD mortality. The findings of our study suggest that maintaining an adequate acid-base balance can contribute to longevity by decreasing the risk of death, predominantly from CVD. Further prospective research and randomized trials are needed to confirm our findings.

  I must have missed the part where you were writing about potential renal acid load but thanks for telling me that "Liquid drain cleaner, bleaches, ammonia solution, urin, battery acid, hydrochloric acid..... are not food"; you may have saved my life.  I owe you one.

[AlcoHoDL]

--snipp-- Excellent guide for seed phrase wallet security, passphrases and plausible deniability.

Edit: Corrected some typos.

Thanks for the guide.  Ginourmous merit pile given.

One complaint.  Probably already mentioned...  

"Infinite".  If you put the word virtually in there I think we are more accurate.  Because if we all have infinate addresses, then we all... well have the same addresses.  We just all START from a different point.

Thanks cAPSLOCK, glad you guys liked my post, this subject fascinates me, and I enjoy talking about it.

About your comment regarding "infinite", I see what you're trying to say, but still, it's OK to use the word "infinite", as explained below:

Suppose you assign each one of all wallets in existence a unique, non-negative integer ID.

Let's say I have access to the wallets with IDs: 0, 2, 4, ... Inf.
You have access to the wallets with IDs: 1, 3, 5, ... Inf.

You have access to infinite wallets. I also have access to infinite wallets. But none of my wallets have the same ID as any of yours. What this means is that there can be infinite sets that do not share common elements (like the sets of even and odd numbers, as illustrated above).

The word "infinite", as I used it in my Plausible Deniability post, is indeed not accurate, but for a different reason. In reality, the keys belong to a finite (albeit extremely large) set, so the number of wallets in existence is not really infinite. But it's so large that it's "practically infinite".

That was actually the basic point I was going to make about the size of the overall key space, but then I started having a flashback or something and started thinking about infinity and riffing...

It's projects like Bitcoin and cryptography, that can make one stand rapt in awe (misquoting Einstein here) at the thought of the size of the search spaces involved. In fact, in Bitcoin/cryptography, privacy and ownership is solely achieved by the near-infinite size of the search spaces involved. There are no other mechanisms (e.g., a centralized verification algorithm/server) that can protect ownership of a key by kicking you out or banning you when "trying more than 3 times", or whatever other criteria. Given enough time, I can get hold of Satoshi's coins, or your coins, just like a chimpanzee can type Shakespeare on a typewriter. Privacy/ownership is achieved by making that time practically infinite. It's like the system is replying back to you, saying "come and get it!" To the best of my knowledge, so far there's no one lucky enough to have managed to stumble upon someone else's non-empty wallet upon setting up their Trezor. I'd love to hear if anyone knows of such a case.

The above directly relates to the phrase "Of course, all these wallets will be empty when you visit them (well, not necessarily, but that's another discussion)." in my post, which I would hope someone would pick up and comment on.

Great discussion!

[marcus_of_augustus]

... before you believe some pigeon english BS on the intertubes here's a back-of-envelope from the disease epicenter first wave in Italy.

The recent reports from N. Italy city Bergamo has anti-body testing showing 57% had CoVid-19 antibodies (highest percentage known and getting close to 'herd immunity') ... but at what cost?

Bergamo 'excess' deaths above normal year were around 6,000 and tot. population of Bergamo is ~120,000.

57% of 120,000 is 68,400 have developed anti-bodies (assumed contracted covid at some point)
of them ~6,000 perished therefore total case fatality rate ~8.8%

This is what happened in N. Italy when hospitals got overwhelmed, CFR goes up scarily. Most other numbers with modern healthcare operating normally (i.e. not triaging) Western CFR are around 1% and looking quite consistent across countries, regions. Also N. Italy was unlucky to be first in firing line and early days when no-one knew wtf was happening, thanks for the heads-up China assholes. Now there is much better understanding that this virus primarily attacks the blood (and other ACE2 receptor-bearing cells), not a flu-like respiratory disease, and distressed respiratory symptoms are only one of many possible outcomes.

It's a really shit disease almost like it was designed to impact modern society maximally. 80% of people who get it have mild symptoms so it is easy to dismiss 'as just a cold'. Long incubation times, people get the virus and feel little to nothing, don't know why to bother so go around spread disease everywhere, sometimes asymptomaticaly. People who get it severely need intensive hospital care and can survive quite well, but without will die in progressively larger percentages.

The long incubation times and high percentage of healthy and younger people unaffected when catching the disease almost guarantee there will be a second wave because social psychology of locking people up for flattening the curve of the second wave is now basically impossible. The hospitals will probably become overwhelmed and it will run its course with high CFR. Unless there are discoveries of vaccines or therapeutic treatments that can keep people who would have been previously severely affected people out of hospital in sufficient numbers. Hopefully disease tracing, public information of preventative measures and surge capacity in hospitals have had time to expand greatly but Western public institutions seem to be in a corrupt shambles globally.

[VB1001]

$9,540 Let's see how the day goes.

[fillippone]

The first analysis by roach I actually like:

A dollar crash is virtually inevitable, Asia expert Stephen Roach warns

"The U.S. economy has been afflicted with some significant macro imbalances for a long time, namely a very low domestic savings rate and a chronic current account deficit," the former Morgan Stanley Asia chairman told CNBC's "Trading Nation" on Monday. "The dollar is going to fall very, very sharply."

His forecast calls for a 35% drop against other major currencies.

"These problems are going from bad to worse as we blow out the fiscal deficit in the years ahead," said Roach, a Yale University senior fellow.

This is it, COVID-19 steered our live to the worst in every negative way. Less health, less security, less privacy, more government, more failures ahead.

[becoin]

The first analysis by roach I actually like:

A dollar crash is virtually inevitable, Asia expert Stephen Roach warns

"The U.S. economy has been afflicted with some significant macro imbalances for a long time, namely a very low domestic savings rate and a chronic current account deficit," the former Morgan Stanley Asia chairman told CNBC's "Trading Nation" on Monday. "The dollar is going to fall very, very sharply."

His forecast calls for a 35% drop against other major currencies.

"These problems are going from bad to worse as we blow out the fiscal deficit in the years ahead," said Roach, a Yale University senior fellow.

This is it, COVID-19 steered our live to the worst in every negative way. Less health, less security, less privacy, more government, more failures ahead.

This isn't it, covid-19 is not the reason. There was a severe banking crisis in November last year when repo rates on the interbank market hit 10%. The Fed restarted printing money in November 2019. Covid-2019 is just a cover up!

[hv_]

The first analysis by roach I actually like:

A dollar crash is virtually inevitable, Asia expert Stephen Roach warns

"The U.S. economy has been afflicted with some significant macro imbalances for a long time, namely a very low domestic savings rate and a chronic current account deficit," the former Morgan Stanley Asia chairman told CNBC's "Trading Nation" on Monday. "The dollar is going to fall very, very sharply."

His forecast calls for a 35% drop against other major currencies.

"These problems are going from bad to worse as we blow out the fiscal deficit in the years ahead," said Roach, a Yale University senior fellow.

This is it, COVID-19 steered our live to the worst in every negative way. Less health, less security, less privacy, more government, more failures ahead.

This isn't it, covid-19 is not the reason. There was a severe banking crisis in November last year when repo rates on the interbank market hit 10%. The Fed restarted printing money in November 2019. Covid-2019 is just a cover up!

Correct, I remember JPM was struggeling here - now they 'go' Bitcoin

[fillippone]

The first analysis by roach I actually like:

A dollar crash is virtually inevitable, Asia expert Stephen Roach warns

"The U.S. economy has been afflicted with some significant macro imbalances for a long time, namely a very low domestic savings rate and a chronic current account deficit," the former Morgan Stanley Asia chairman told CNBC's "Trading Nation" on Monday. "The dollar is going to fall very, very sharply."

His forecast calls for a 35% drop against other major currencies.

"These problems are going from bad to worse as we blow out the fiscal deficit in the years ahead," said Roach, a Yale University senior fellow.

This is it, COVID-19 steered our live to the worst in every negative way. Less health, less security, less privacy, more government, more failures ahead.

This isn't it, covid-19 is not the reason. There was a severe banking crisis in November last year when repo rates on the interbank market hit 10%. The Fed restarted printing money in November 2019. Covid-2019 is just a cover up!

While I disagree on the severeness of the crisis in November (I do rember how and why O/N reached 10% back then), I surely do agree on the cover up thesis.
Maybe I didn't make myself clear in my broken and hurried up english, but of course government are riding COVID crisis to steer the socieity in the direction THEY like the most: more control, more government balance sheet (a.k.a. deficit and debt), less rights for the people.
All of this means more power to them.
This is why they are doing it, not because it is the right thing to do, but because they can.

[LUCKMCFLY]

Very interesting.

#Gold and #Bitcoin push higher as investors prepare for Powell’s testimony on the central bank’s next steps to combat the hit from the coronavirus pandemic. https://bloomberg.com/news/articles/2020-06-16/gold-pushes-higher-as-investors-prepare-for-powell-s-testimony?sref=61mHmpU4

Source: https://twitter.com/Schuldensuehner/status/1272781685302624261

[Last of the V8s]

some ineffably British jokes from the Hon Sec

[hv_]

Very interesting.

#Gold and #Bitcoin push higher as investors prepare for Powell’s testimony on the central bank’s next steps to combat the hit from the coronavirus pandemic. https://bloomberg.com/news/articles/2020-06-16/gold-pushes-higher-as-investors-prepare-for-powell-s-testimony?sref=61mHmpU4quote]

Source: https://twitter.com/Schuldensuehner/status/1272781685302624261

Nice chart

[LUCKMCFLY]

Very interesting.

#Gold and #Bitcoin push higher as investors prepare for Powell’s testimony on the central bank’s next steps to combat the hit from the coronavirus pandemic. https://bloomberg.com/news/articles/2020-06-16/gold-pushes-higher-as-investors-prepare-for-powell-s-testimony?sref=61mHmpU4quote]

Source: https://twitter.com/Schuldensuehner/status/1272781685302624261

Nice chart

Thanks!!

[Tash]

................
  I must have missed the part where you were writing about potential renal acid load

If something is considered normal there is no need to special mention it.
The same way when someone talks about cryptocurrency, the is no need to mention Bitcoin, it is the metric and not Dogecoin.
If someone wants to apply a scale made for battery acid on food he certainly can do so if he wants.

Common sense also means if healthy blood/body is on alkaline side of things the total daily food/drink intake must also be higher alkaline.
The most alkaline food I know Marmite/Vegemite...with -41.9  (dried or dehydrated Chives is -50.6, food?)
What politicians do with food what is available for more than 100 years?
Lets starve some more brain-cells of vital oxygen and recycle CO₂, corrupt politicians know whats best (for the own pocked).

[El duderino_]

[Karartma1]

I am out of merits micdude, but get a full 100 WOmerits for this. You know, this is the kind of reminder I needed today. Will probably buy some more corn even if it's not the day.
I am willing to take the risk.

[heslo]

I am out of merits micdude, but get a full 100 WOmerits for this. You know, this is the kind of reminder I needed today. Will probably buy some more corn even if it's not the day.
I am willing to take the risk.

I got you fam

[mindrust]

I am willing to take the risk.

Golden rule: don't risk more than you could afford to lose.