Bitcoin Forum
October 25, 2020, 10:57:35 PM *
News: Latest Bitcoin Core release: 0.20.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Oct. 23 Closing Price:
<$8,000 - 2 (3%)
$8,000-$8,500 - 0 (0%)
$8,500-$9,000 - 0 (0%)
$9,000-$9,500 - 0 (0%)
$9,500-$10,000 - 0 (0%)
$10,000-$10,500 - 1 (1.5%)
$10,500-$11,000 - 0 (0%)
$11,000-$11,500 - 3 (4.5%)
$11,500-$12,000 - 5 (7.6%)
$12,000-$12,500 - 16 (24.2%)
$12,500-$13,000 - 12 (18.2%)
$13,000-$13,500 - 8 (12.1%)
$13,500-$14,000 - 5 (7.6%)
>$14,000 - 14 (21.2%)
Total Voters: 66

Pages: « 1 ... 27065 27066 27067 27068 27069 27070 27071 27072 27073 27074 27075 27076 27077 27078 27079 27080 27081 27082 27083 27084 27085 27086 27087 27088 27089 27090 27091 27092 27093 27094 27095 27096 27097 27098 27099 27100 27101 27102 27103 27104 27105 27106 27107 27108 27109 27110 27111 27112 27113 27114 [27115] 27116 27117 27118 27119 27120 27121 27122 27123 27124 27125 27126 27127 27128 27129 27130 27131 27132 27133 27134 27135 27136 27137 27138 27139 27140 27141 27142 27143 27144 27145 27146 27147 27148 27149 27150 27151 27152 27153 27154 27155 27156 27157 27158 27159 27160 27161 27162 27163 27164 27165 ... 27413 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 23485834 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. (148 posts by 37 users deleted.)
Torque
Legendary
*
Offline Offline

Activity: 2296
Merit: 1814



View Profile
August 14, 2020, 04:12:40 PM

Quote
Someone inquired about my #bitcoin exit strategy. I said the exit occurred in the front end. It is a fiat exit.

https://twitter.com/eprefon/status/1294226091700293632

Let's say that real inflation is running much higher than reported numbers, let's say conservatively it's closer to 6%/year. That's 1.5% per quarter (every 3 months).

So if you are in fiat for just 3 months, your opportunity cost (loss) is 1.5%. May not sound like much, but guess what, now your investments have got to make back 1.5% MORE in the remaining 9 months, on top of the 4.5%, just to stay EVEN with inflation. That's not even growing your wealth, that's just trying not to have wealth destruction.

People are incurring wealth destruction by staying in fiat, and they don't even realize it.

#getthefuckouttafiat #buybitcoin
1603666655
Hero Member
*
Offline Offline

Posts: 1603666655

View Profile Personal Message (Offline)

Ignore
1603666655
Reply with quote  #2

1603666655
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Toxic2040
Legendary
*
Offline Offline

Activity: 952
Merit: 1869



View Profile
August 14, 2020, 04:33:10 PM

You guys got the 12 word seed thing part wrong.

Short version:
12 words is like 128 bits (2048^12 = 2^132)
24 words is like 256 bits

Long version:
https://en.bitcoin.it/wiki/Seed_phrase
https://www.reddit.com/r/Bitcoin/comments/6twuj1/are_12word_seeds_for_bitcoin_private_keys_secure/

There was some nuance to the question that sort of took it in a particular direction.

The discussion started after someone posted a picture of a cool bolt/wingnut/washer mnemonic device.  And the question was how long would it take to put 24 (or 12) words into the right order.

12 vs 24 from the dictionary of 4096 words?  Both quite secure.  But if you had the 12 washers and did not know the order, doable with enough CPU power to run the permutations.  24? Not so much.

So I think we were talking about different parts of the elephant.





--------
its going to be a good weekend imo   #dyor
1h snapshot

#stronghands
BobLawblaw
Sr. Member
****
Offline Offline

Activity: 255
Merit: 2635


Recovering former angry guy


View Profile
August 14, 2020, 04:43:23 PM

Looks like number going up some more.
Indymoney
Full Member
***
Offline Offline

Activity: 742
Merit: 155

★Bitvest.io★ Play Plinko or Invest!


View Profile
August 14, 2020, 04:49:31 PM

Looks like number going up some more.
Feeling now we are going again for $12K in few hours.
acegilz
Full Member
***
Offline Offline

Activity: 206
Merit: 100

1ACEGiLZnZoG7KUNkMwAT8tBuJ6jsrwj5Q


View Profile
August 14, 2020, 05:00:52 PM

Amazing days for crypto!
I expect bitcoin and eth to hit ATHs very soon

You appear to be lost kind sir or kind madaam.   Undecided

how can you be so bearish?  Shocked
AlcoHoDL
Legendary
*
Offline Offline

Activity: 1078
Merit: 1105


Addicted to HoDLing!


View Profile
August 14, 2020, 05:07:50 PM

I'm no expert in predicting the future (who is?), but observing recent Bitcoin price action, and the ease of crossing the 10,000 € boundary multiple times, give me a strong indication/gut feeling that we are in the beginning of a MEGA pump of stratospheric proportions.

Brace yourselves. 6 digits coming soon.

-- CCMF & Carolina memes by the end of 2020,
-- WO Dick Pic Buffet on May 12th, 2021.
reliable
Full Member
***
Offline Offline

Activity: 784
Merit: 141


★777Coin.com★ Fun BTC Casino!


View Profile
August 14, 2020, 05:25:03 PM
Merited by JayJuanGee (1)

Looks like number going up some more.
Feeling now we are going again for $12K in few hours.

It’s going to be a good start to the weekend for sure. Already bracing up with the Friday fever and Bitcoin climbing it’s just a perfect way to enjoy the beer with some snacks with it. Let’s wait and see if it can just cross 12k or moves higher than this as well and move till 12.5/13k too.
infofront
Legendary
*
Offline Offline

Activity: 2184
Merit: 2131


Shitcoin Minimalist


View Profile
August 14, 2020, 05:38:12 PM
Merited by Toxic2040 (1)

New poll!

Old poll:
infofront
Legendary
*
Offline Offline

Activity: 2184
Merit: 2131


Shitcoin Minimalist


View Profile
August 14, 2020, 05:38:53 PM

Quote
Someone inquired about my #bitcoin exit strategy. I said the exit occurred in the front end. It is a fiat exit.

https://twitter.com/eprefon/status/1294226091700293632

Wife material
JimboToronto
Legendary
*
Offline Offline

Activity: 2716
Merit: 1869


You're never too old to be young.


View Profile
August 14, 2020, 05:40:34 PM
Merited by JayJuanGee (1)

Good morning Bitcoinland.

Still sideways in the $11xxx range... currently $11812USD/$15652CAD (Bitcoinaverage).

Ah, the summer doldrums.

Amazing days for crypto!
I expect bitcoin and eth to hit ATHs very soon

You appear to be lost kind sir or kind madaam.   Undecided

how can you be so bearish?  Shocked

It's not about being bearish. JJG is usually pretty bullish.

It's about this being a Bitcoin thread.

There's a whole sub-forum for Altcoin Speculation.

https://bitcointalk.org/index.php?board=224.0

"Crypto" is an annoying term (often accompanied by "blockchain technology") used by those who don't recognize the superiority of decentralized, non-pre-mined, limited-supply Bitcoin.
JayJuanGee
Legendary
*
Offline Offline

Activity: 2422
Merit: 3355


How much alt coin diversification is needed? 0%?


View Profile
August 14, 2020, 05:54:47 PM
Last edit: August 14, 2020, 06:06:23 PM by JayJuanGee

Amazing days for crypto!
I expect bitcoin and eth to hit ATHs very soon

You appear to be lost kind sir or kind madaam.   Undecided

how can you be so bearish?  Shocked

Seems that the word would not be bearish, but instead distracted.. if you happen to not be lost, and if you are attempting to defend ur position, then perhaps you are a bit distracted rather than lost?

bearishness is a different category of discussion than being lost or distracted, so there is that angle, too.  
 
Regarding me personally, I have a pretty long track record posting in this thread, and sure bearish is a relative term, but not too many folks who have been paying attention in this thread would characterize my posts as tending towards bearishness.. especially in times like this when ongoing BTC price pressures have been pushing UPpity.. and furthermore, I have continuously proclaimed that we (referring to BTC here, not some shitcoin or some vague concept related to the space) have been confirmed to have been in a bull market since about May 2019... and sure we have had some meaningful and long-lasting corrections along the way, but I have not really fallen away from my May 2019 and subsequent assertions that BTC had entered into a bull market.... so there would be nothing really bearish about current BTC happenings... nor concerns from me that our current BTC price action may even be approaching anything close to either a blow off top or some kind of reversal in the bullish trend..

  but sure.. it can be a bit difficult to argue with any kind of relative term like whether one member (such as me) might be more bearish than some other member.. I don't feel any need to prove or demonstrate my level of bullishness or bearishness because I have a pretty consistent posting record.. especially if you do any kind of browsing through this thread, maybe you might be able to find some representative posts that might establish your questions/concerns about my current BTC price dynamic assessments, but I doubt it.....

I'm no expert in predicting the future (who is?), but observing recent Bitcoin price action, and the ease of crossing the 10,000 € boundary multiple times, give me a strong indication/gut feeling that we are in the beginning of a MEGA pump of stratospheric proportions.

Brace yourselves. 6 digits coming soon.

-- CCMF & Carolina memes by the end of 2020,
-- WO Dick Pic Buffet on May 12th, 2021.

Whoaza, AlcoHoDL....  Shocked    We are going to need to bring batman out to slap/snap you out of your seemingly overflowing and exuberant bullishness.

You are out of line, soldier.

 Tongue Tongue Tongue



 Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy

Amazing days for crypto!
I expect bitcoin and eth to hit ATHs very soon

You appear to be lost kind sir or kind madaam.   Undecided

how can you be so bearish?  Shocked

It's not about being bearish. JJG is usually pretty bullish.

It's about this being a Bitcoin thread.

There's a whole sub-forum for Altcoin Speculation.

https://bitcointalk.org/index.php?board=224.0

"Crypto" is an annoying term (often accompanied by "blockchain technology") used by those who don't recognize the superiority of decentralized, non-pre-mined, limited-supply Bitcoin.

Surely, more specific and direct than some of us peeps (referring to yours truly).
LFC_Bitcoin
Legendary
*
Offline Offline

Activity: 2240
Merit: 3828


One of the world's leading Bitcoin-powered casinos


View Profile
August 14, 2020, 05:56:47 PM
Merited by Hueristic (1)


https://twitter.com/whale_alert/status/1294328960839553025?s=21



Next leg up soon!





Brrrrr
fillippone
Hero Member
*****
Offline Offline

Activity: 868
Merit: 4365


Merit Rascal


View Profile
August 14, 2020, 05:58:48 PM
Merited by JayJuanGee (1), 600watt (1)


<...>

"Crypto" is an annoying term (often accompanied by "blockchain technology") used by those who don't recognize the superiority of decentralized, non-pre-mined, limited-supply Bitcoin.

There is no crypto,
There is only bitcoin.

Quote

10 years ago a bug was exploited to create 184 billion BTC. Due to the ability to easily audit the supply it was noticed quickly; bug was patched in 5 hours.

Several protocols have since suffered inflation bugs that went unnoticed for months.

Independent auditability has value.

https://twitter.com/lopp/status/1294263470662340612?s=21

Only thinking to put Bitcoin and Yam 🍠 on the same sentence make my guts twist...
Dabs
Legendary
*
Offline Offline

Activity: 2758
Merit: 1451


The Concierge of Crypto


View Profile
August 14, 2020, 06:15:23 PM
Merited by cAPSLOCK (1)

You guys got the 12 word seed thing part wrong.

Short version:
12 words is like 128 bits (2048^12 = 2^132)
24 words is like 256 bits

Long version:
https://en.bitcoin.it/wiki/Seed_phrase
https://www.reddit.com/r/Bitcoin/comments/6twuj1/are_12word_seeds_for_bitcoin_private_keys_secure/

There was some nuance to the question that sort of took it in a particular direction.

The discussion started after someone posted a picture of a cool bolt/wingnut/washer mnemonic device.  And the question was how long would it take to put 24 (or 12) words into the right order.

12 vs 24 from the dictionary of 4096 words?  Both quite secure.  But if you had the 12 washers and did not know the order, doable with enough CPU power to run the permutations.  24? Not so much.

So I think we were talking about different parts of the elephant.

Ahh yes.. if anyone has physical access to your bolt and nut, you're probably almost screwed, especially if they have not yet disassembled the device. If they were stupid enough to unlock the nut and spill out the washers randomly, then you have some time to move the coins (assuming that was not your only copy of the seed phrase).
Hueristic
Legendary
*
Offline Offline

Activity: 2520
Merit: 1755


Doomed to see the future and unable to prevent it


View Profile
August 14, 2020, 06:22:20 PM




Brrrrr

How do I vote for these print and spend republicans?

I really need a pittance when they toss 5 trillion to corporate welfare hidden in the bill.
Hueristic
Legendary
*
Offline Offline

Activity: 2520
Merit: 1755


Doomed to see the future and unable to prevent it


View Profile
August 14, 2020, 06:22:24 PM
Merited by Krubster (1)

Amazing days for crypto!
I expect bitcoin and eth to hit ATHs very soon

Ohh your gonna do just fine in this thread. Grin
Hueristic
Legendary
*
Offline Offline

Activity: 2520
Merit: 1755


Doomed to see the future and unable to prevent it


View Profile
August 14, 2020, 06:26:14 PM

Ahh yes.. if anyone has physical access to your bolt and nut, you're probably almost screwed, especially if they have not yet disassembled the device. If they were stupid enough to unlock the nut and spill out the washers randomly, then you have some time to move the coins (assuming that was not your only copy of the seed phrase).

As was mentioned earlier keep a record elsewhere of the order obfuscated by a simple method like just the first letter of each and put them on the bolt out of order.

cAPSLOCK
Legendary
*
Offline Offline

Activity: 2716
Merit: 1888


Inverse Bearish Spike Indicator!


View Profile
August 14, 2020, 06:37:47 PM

hah lol. and the thousand xmr bagholders in this very thread audibly gasp

Nah... we are done gasping at this one...
cAPSLOCK
Legendary
*
Offline Offline

Activity: 2716
Merit: 1888


Inverse Bearish Spike Indicator!


View Profile
August 14, 2020, 08:13:03 PM

It is finished. Over and done. we knew it was coming but it's time. pack it all up and go home. don't forget to sweep under the chairs and switch off the lights. no more fun. no more degen gambling

https://blog.bitmex.com/announcing-the-bitmex-user-verification-programme/

mehlternatives include DarkMEX, bustabit, bybit stuff like that but eh


fin

I mean... there's always TradeOgre?  But does this not mean the Barting might be coming to an end?  I wonder if this was not being driven by a desire within TPTB that have realized it's time to take real control over this market.  Who know's what's next?
cAPSLOCK
Legendary
*
Offline Offline

Activity: 2716
Merit: 1888


Inverse Bearish Spike Indicator!


View Profile
August 14, 2020, 08:23:42 PM

You guys got the 12 word seed thing part wrong.

Short version:
12 words is like 128 bits (2048^12 = 2^132)
24 words is like 256 bits

Long version:
https://en.bitcoin.it/wiki/Seed_phrase
https://www.reddit.com/r/Bitcoin/comments/6twuj1/are_12word_seeds_for_bitcoin_private_keys_secure/

There was some nuance to the question that sort of took it in a particular direction.

The discussion started after someone posted a picture of a cool bolt/wingnut/washer mnemonic device.  And the question was how long would it take to put 24 (or 12) words into the right order.

12 vs 24 from the dictionary of 4096 words?  Both quite secure.  But if you had the 12 washers and did not know the order, doable with enough CPU power to run the permutations.  24? Not so much.

So I think we were talking about different parts of the elephant.

Ahh yes.. if anyone has physical access to your bolt and nut, you're probably almost screwed, especially if they have not yet disassembled the device. If they were stupid enough to unlock the nut and spill out the washers randomly, then you have some time to move the coins (assuming that was not your only copy of the seed phrase).

First of all very few people have access to my "bolt and nut".  Ehem... that aside:

Personally in my imaginary scenario I had stored my bolt and nut at my bank, which was blown up by antifa protesters severing the bolt (dear Jesus), and scattering my nuts (this has to stop now - plus they're WASHERS) and I then had to put them back together.

In the end (har har), I decided that the very best strategy would not only be to stamp the word on each washer, but a numeral as well (1-24).

After this I also thought it might be cool to stamp them in something other than the actual order and store a key to that in a second place.

Nifty - but i seem to tend to the over complex...
Pages: « 1 ... 27065 27066 27067 27068 27069 27070 27071 27072 27073 27074 27075 27076 27077 27078 27079 27080 27081 27082 27083 27084 27085 27086 27087 27088 27089 27090 27091 27092 27093 27094 27095 27096 27097 27098 27099 27100 27101 27102 27103 27104 27105 27106 27107 27108 27109 27110 27111 27112 27113 27114 [27115] 27116 27117 27118 27119 27120 27121 27122 27123 27124 27125 27126 27127 27128 27129 27130 27131 27132 27133 27134 27135 27136 27137 27138 27139 27140 27141 27142 27143 27144 27145 27146 27147 27148 27149 27150 27151 27152 27153 27154 27155 27156 27157 27158 27159 27160 27161 27162 27163 27164 27165 ... 27413 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!