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Question: What happens first:
$65,000 - 59 (86.8%)
$48,000 - 9 (13.2%)
Total Voters: 68

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26336428 times)
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WastedLTC
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August 14, 2020, 10:59:46 PM
Merited by yefi (1)



a 24 word seed. on two bolts.


Splitting it only doubles your chance of losing it all by losing just one of them.

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This is not OK.


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August 14, 2020, 11:19:50 PM



a 24 word seed. on two bolts.


Splitting it only doubles your chance of losing it all by losing just one of them.



Indeed, people seem to no be quite getting it.
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August 14, 2020, 11:43:28 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.

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

Not just yet...

Batman will give the slapping, but only after May 12th, 2021 can it be decided who will receive it.  Wink

GTCTTWW.

HoDL.
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August 14, 2020, 11:55:19 PM



a 24 word seed. on two bolts.


Splitting it only doubles your chance of losing it all by losing just one of them.



Indeed, people seem to no be quite getting it.

actually I get it just fine.

If I went this route I would have the two bolts sorted in two different bank safety deposit boxes.


The bolts are more of a back up for physical destruction safety of the  wallet.

For me at my age hodl for more then 10 years may happen but I would be 73 in ten years. With no kids so I would most likely want to spend the money so having it stashed in 1 safety box is not  what I want. If I have the two bolts spilt in two boxes it will take me more time to get to it.

So it forces me to hodl I would like to hodl till I am 73.
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August 15, 2020, 12:35:56 AM

C'mon BTC, show us what ya got!
jojo69
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August 15, 2020, 12:36:02 AM

^
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August 15, 2020, 12:38:23 AM

^^
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August 15, 2020, 12:40:50 AM
Merited by nutildah (1)



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...

If yu want to get fancy grab a book and page thoruogh it until you find the first word of a paragraph that matches the seed word and stamp that page number on with the seed.

there are all kinds of simple things you can do to add entropy.

Shit use seed words that are a random number that only you know on the list from the actual word. Combine that with the book method and then Let someone have fun with that. Wink





Fun battle going on.

http://dave.freeinforadar.ch/btcwars/
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August 15, 2020, 12:50:42 AM

https://twitter.com/BitmexWhale/status/1294434224800444416
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August 15, 2020, 02:16:31 AM
Merited by 600watt (1)

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August 15, 2020, 02:28:00 AM

What does it means when even Warren Buffet shots legacy fiat financials and get long Gold(sir something really close to)?

Berkshire reduces Wells Fargo, JPMorgan, Goldman stakes; adds Barrick Gold

Quote

Aug 14 (Reuters) - Warren Buffett's Berkshire Hathaway Inc BRKa.N said on Friday it has reduced its investments in some of the largest U.S. banks, lowering its stakes in Wells Fargo & Co WFC.N and JPMorgan Chase & Co JPM.N and eliminating a stake in Goldman Sachs Group Inc GS.N

In a regulatory filing detailing its U.S.-listed investments as of March 31, Berkshire also disclosed a new 20.9 million share investment in Toronto-based Barrick Gold Corp ABX.TO, one of the world's largest mining companies


If warren Buffet want to buy Gold, it’s time to get your seatbelt fastened.

[insert “it’s happening.gif” here]
My body is ready.

But he's still got plenty of Bank of America, and says it's a "fantastic business". Perhaps just sorting his bank holdings?
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August 15, 2020, 02:28:34 AM


Neat!

They are using CoinbasePro data for the "battle."
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August 15, 2020, 03:07:38 AM
Merited by AlcoHoDL (1)

Wow, just wow...prior Prudential CEO recommends buying bitcoin!
"Old money" is coming just as well.

https://www.reuters.com/video/watch/idRCV008LQI

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August 15, 2020, 05:35:22 AM



a 24 word seed. on two bolts.


Splitting it only doubles your chance of losing it all by losing just one of them.



Indeed, people seem to no be quite getting it.


The problem you try to solve is already fixed: multisig. Can recommend Shamir Backup as well natively supported by the Trezor model T. You can split the seed in as many ‘shares’ as you like, while each share on its own is useless.

https://bitcoinelectrum.com/creating-a-multisig-wallet/
https://wiki.trezor.io/Shamir_backup
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August 15, 2020, 06:07:56 AM
Merited by El duderino_ (2)



a 24 word seed. on two bolts.


Splitting it only doubles your chance of losing it all by losing just one of them.



Indeed, people seem to no be quite getting it.

actually I get it just fine.

If I went this route I would have the two bolts sorted in two different bank safety deposit boxes.


The bolts are more of a back up for physical destruction safety of the  wallet.

For me at my age hodl for more then 10 years may happen but I would be 73 in ten years. With no kids so I would most likely want to spend the money so having it stashed in 1 safety box is not  what I want. If I have the two bolts spilt in two boxes it will take me more time to get to it.

So it forces me to hodl I would like to hodl till I am 73.

Hopefully, you are starting to spend before 73 and even before 10 years from now.

You seem to have been in BTC for at least for a couple exponential growth cycles, and sure maybe you screwed up a few times, but there is also ideas that you would rather spend your money before you die rather than having a bunch of money that you cannot spend or enjoy.

Have you ever thought about starting a 1% per quarter liquidation schedule, which should largely, allow your stash to hold its value, and if you are not ready to start a 1% per quarter liquidation now, then 10 years seem so long from now.. I would suggest starting something less than 10 years from now, but of course you are the best person to really know where you are at in terms of your BTC and your lifestyle and your other investment cashflow potentialities.

And, then once you start withdrawing.. are you just going to withdraw a lump sum or can't you just engage in incremental withdraws ... and gosh?  Spending over 10 years?  You expect to live to what?  83 years?  you have way more energy as a 63 year old than you are going to have in your post 73 years, no?  if you make it that long without any major issues, that is.
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August 15, 2020, 07:44:24 AM

if anyone has physical access to your bolt and nut...

...they would probably not realize its importance.
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August 15, 2020, 07:44:53 AM
Merited by JayJuanGee (1), AlcoHoDL (1), Toxic2040 (1)

Wow, just wow...prior Prudential CEO recommends buying bitcoin!
"Old money" is coming just as well.

https://www.reuters.com/video/watch/idRCV008LQI



Wtf; this is BIG

on reuters... woah...  he speaks about guys that hated bitcoin in the past and now starting to considering it as „convertits“.  The journalists is baffled to hear „it is bitcoin!“

The next run up some deeeeeeep pockets will get the fomo. No matter how solid and traditional and potent a finance investor is: if they see bitcoin doing its 10% daily gains the WILL start to get the fomo. They are not immune.

When some of those behemoths think „ fuck it we need 1% exposure to this shit“ - we are talking about billions already.  2017 was a historic run up.
Wait and see the next one. We all have no clue and we will get overwhelmed.
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August 15, 2020, 07:59:47 AM
Merited by jbreher (1), Toxic2040 (1)

if anyone has physical access to your bolt and nut...



antifa protesters severing the bolt, and scattering my nuts

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August 15, 2020, 08:02:24 AM
Merited by El duderino_ (2), JayJuanGee (1)

[...]

In other meaningful news. Grin

https://twitter.com/barrysilbert/status/1293882537492840449
Pump it up Novo! Wink

Fixing the FT ad title:

"Now is always the time to invest in bitcoin."
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August 15, 2020, 08:06:32 AM

I sense my 12k toes tingling
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