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

[Gyrsur]

If it was peer reviewed it would have been vetted and reviewed BEFORE publishing. That's the point of peer review, to keep from publishing wonky science, not address it after it gets published.

in the press statement they said it has happened a kind of peer review. their intention of publishing it now is to start a broader discussion about the consequences of "gain-of-function" research and how to regulate it in the future to protect the human race on planet Earth.

“The current coronavirus pandemic is not only dominating the current headlines, but will keep us busy for many years - not least because of its social and economic effects. Understandably, dealing with and coping with the Corona crisis has been the focus of topics in politics and the media for months. Even today, however, the critical, science-based examination of the question of the origin of the current pandemic is of great importance, because only on the basis of this knowledge can adequate precautions be taken to keep the probability of the occurrence of similar pandemics as low as possible in the future ", says Prof. Dr. Roland Wiesendanger.

The study was completed in January 2021 and initially distributed and discussed in scientific circles. The aim of the publication is to stimulate a broad discussion, particularly with regard to the ethical aspects of so-called "gain-of-function" research, which makes pathogens more contagious, dangerous and deadly for humans. "This can no longer only be a matter for a small group of scientists, but must urgently become the subject of public debate," says the author of the study.

[dieselmeister]

This is an awesome, but very long interview with Saylor...
Very interesting, who didn't hear it...

Very Fomo and Bullish...

https://episodes.castos.com/5ffc6bf0bf71b5-21733898/34.-Michael-Saylor-on-The-Fiat-Standard.mp3

[vapourminer]

FULL DISCLOSURE: A sell order has been placed at a price target. Looking to officially take some profit to give us liquidity to start building on the land ASAP.

Well, you sold at 16.5k to free your love from slavery and the price since then has.... blown sky high. I fully support your selling again :-)

so basically, i should move my sells to ~200k from instead of merely ~100k USD like now.

got it.

[vapourminer]

ill keep my legacy addys for the most part. i dont care about the bigger fees (as opposed to segwit) as its generally just a small fraction of the overall amount transferred anyway. i try to plan ahead and liquidate what i think ill need in the coming timeframe plus a bit of slop just because i know im an idiot and like shiny objects.

but yeah this messes up small transactions but isnt that what L2 is for?

sorry for my olde skoole legacy fixation. just another hobby for me.

You can set up a segwit wallet now, and then use new addresses from there as change when you spend some from your legacy addresses. Then at least future spends from native segwit addresses will have smaller fees.

It also disciplines you during the migration process. I only have legacy compatible addresses (segwit that begins with 3) for those who still need them, otherwise it's all segwit (bc1q...)

i do have some btc in segwit addys here and there.. on my phone and my trezor wound up with one from me not paying attention setting it up. so i will use segwit for smaller transactions. but i dont really do a lot of small stuff.

my mo is ill send an amount to an exchange to cash out, enough to finance my latest nefarious plan for world domination for a bit, and then just use that. and, well, since *everyone* accepts legacy.. long term corn is in legacy format for that reason.

i havent even bothered reading about the "3" vs "bc1" segwit addys yet. and ive been in this since 2011 lol wtf am i lazy af or what heh.  i just know that legacy will last forever no maintenance needed.. well unless the quantum cats show up. dont we need to move it all once the quantum stuff gets near?

[Elwar]

By the way.. in the above chart, see the lil blip above the 2014?  That was the late 2013 bubble.

Oh my God, wasn't that when it went from $67 or so to $1000? It seems so small now...

Also: Were those Cassicus coins ever hacked or anything? They seemed neat, but I always wondered if a second copy of the keys weren't kept somewhere....

He never came out and spent any of the coins.

It was found later that you could peel the sticker off with a bit of heat while keeping everything intact. That allowed you to see the private key and put the sticker back on.

So they're good for a keepsake but not good for transferring to someone else with the idea that you're the only one with the key.

And the government eventually cracked down him selling them so he could only sell the empty coins which you had to transfer your BTC onto them later.

It was one of many early innovations that was tried because we were all excited about making Bitcoin work. Back in the early days of bitcointalk there was so much activity around making Bitcoin awesome. Now it's just shilling. If you do a search for any useful information the search result is filled with 2011, 2012 posts.

There were certainly detractors but those were mainly based on the underlying economic principles of Bitcoin. Keynesians not liking deflationary currencies. They thought a currency should purposefully lose value over time. As a feature.

[macson]

@StudoesAmerica
Remember the 2017 bitcoin bubble?

https://twitter.com/studoesamerica/status/1362483434678067200?s=21

https://trends.google.com/trends/explore?date=today%205-y&q=Bitcoin

don't know what happened to google trending, it seems Bitcoin is not as lively as 2017 when Bitcoin was first reported as a bubble (by a bunch of idiots)

[El duderino_]

99 500 bitcoin millionaires

Millionaire addresses, amount of millionaires can be WaaaaaaaaaY lower

[JimboToronto]

Good afternoon Bitcoinland.

Bouncing along sideways... currently $52191USD/$66172CAD (Bitcoinaverage).

A nicer little breather in this lovely bull run. Coiling.

Go Bitcoin go.

This is to show that I'm not a (complete) curmudgeon and because it *is* kinda cool but I'm not a joiner so don't expect it to stick around for long 

Nice hat. Wear it with pride. You're not a joiner. You were conscripted.

-derp-

So we're in agreement then, you are a retard.

You just figured that out?

[Dabs]

By the way.. in the above chart, see the lil blip above the 2014?  That was the late 2013 bubble.

Oh my God, wasn't that when it went from $67 or so to $1000? It seems so small now...

Also: Were those Cassicus coins ever hacked or anything? They seemed neat, but I always wondered if a second copy of the keys weren't kept somewhere....

I think after the coins were printed and sealed, he destroyed any copies of private keys he had, thus no way to get hacked, and the only copy is on the coin itself which you had to peel off the sticker.

Newer coins today have some sort of similar method. Not sure if you can trust them, they also sell unfunded coins for collectible purposes.

If you were going with physical coins to actually be used for trading, I'd go with an Opendime. Cheap enough you can buy a bunch and you fund it yourself.

[bitcoinPsycho]

[Wekkel]

Holding BTC on a ‘1’ address is never wrong. ‘3’ is generally advised because it’s the most flexible. bc1 is the most advanced but not widely supported by exchanges.

[bitserve]

Holding BTC on a ‘1’ address is never wrong. ‘3’ is generally advised because it’s the most flexible. bc1 is the most advanced but not widely supported by exchanges.

What I do is:

1- Keep legacy coins where they are.
2- Send some good amount to a segwit address/wallet.
3- Routinely spend/tx (from 2 for lower fees) until it is depleted
4- Reload from legacy when needed. With different addresses of course.

So basically I consider there's no reason to move all legacy coins to segwit, but just enough to avoid the higher fees most of the time.

Obvious, yeah... but some people seem to be using it wrong or otherwise unjustifiable complaining about high fees.

YMMV.

[Arriemoller]

What rocket was it that put Perseverance on Mars?

[Dabs]

Holding BTC on a ‘1’ address is never wrong. ‘3’ is generally advised because it’s the most flexible. bc1 is the most advanced but not widely supported by exchanges.

1 = just old. there is no need for it. it costs more. it takes up more space.
3 = legacy compatible, wrapped segwit, will work everywhere.
bc1q = all exchanges will accept a deposit FROM this address, it's withdrawing TO one that may be an issue.

Most modern exchanges already support sending or withdrawing to a native segwit address.

https://en.bitcoin.it/wiki/Bech32_adoption#Exchanges

Bitstamp fully supports it. Coinbase send only. Gemini fully supports it. Binance supports it. Purse fully supports it. The General Bytes ATMs fully support it.
Shakepay, Newton, Bylls, Bitcoin Bull all support it.

All hardware wallets support it. Almost all block explorers can view it.


As long as it's your wallet, it's best to keep your coins in bc1q addresses because *you* pay less to send it, does not matter where you send it to.

Finally, if you want to play with Lightning, you'll need to use segwit anyway.

The "Loaded" guy that had 40k moved it from a legacy address to a native segwit one, where it currently sits now.

[lightfoot]

99 500 bitcoin millionaires

Millionaire addresses, amount of millionaires can be WaaaaaaaaaY lower

Also higher. Not everyone keeps all their coins in one address, usually people have a bunch of addresses in their wallet off a single base seed. Can this analysis link them?

[lightfoot]

so basically, i should move my sells to ~200k from instead of merely ~100k USD like now.

got it.

Well, yeah! You don't want to sell at the bottom, right?

[Richy_T]

It was one of many early innovations that was tried because we were all excited about making Bitcoin work. Back in the early days of bitcointalk there was so much activity around making Bitcoin awesome. Now it's just shilling. If you do a search for any useful information the search result is filled with 2011, 2012 posts.

There were certainly detractors but those were mainly based on the underlying economic principles of Bitcoin. Keynesians not liking deflationary currencies. They thought a currency should purposefully lose value over time. As a feature.

I did a quick search earlier and new quality ones were available for 1.02 BTC. Not enough to make me want to sell mine.

[rdbase]

At 64 with no kids and no nephews or nieces it is not so easy to hodl. But I will say your constant hodl hodl hodl has convince me to hodl longer time periods. Thus helping me to make more wealth.

I'm open for adoption dear, dearest, daddy Philip!
How is ETH doing today? DOGE anyone?
I'm getting increasingly fond of that spliffcoin.

Things are looking up. Literally!

Exactly. No trolls... I fear there will be a big correction soon.

Hey make up your mind bro!
The big correction is the red candle, hellooo:
https://bitcointalk.org/index.php?topic=178336.msg56362632#msg56362632

Spliffcoin is actually the new dogecoin.

https://youtu.be/GEAZrKxJ2Bc

Spiffcoin but what does it matter same hyping of a sh*tcoin just a different pile of sh*tcoin.

[d_eddie]

Arthur Hayes might be a crook, but he does write informative pieces.
Moving from GME and Robinhood to BTC (and Bitmex), Why and how? Part 1.

https://blog.bitmex.com/walkaway/?utm_source=cryptotraderdigest&utm_medium=email&utm_content=CTD

The interesting bits are in his account of what happened with WSB and Robinhood. He says he jumped on the GME wagon himself, though it might just be to get some sympathy. The self-promoting stuff is actually kept to a minimum.

[eddie13]

By the way.. in the above chart, see the lil blip above the 2014?  That was the late 2013 bubble.

Oh my God, wasn't that when it went from $67 or so to $1000? It seems so small now...

Also: Were those Cassicus coins ever hacked or anything? They seemed neat, but I always wondered if a second copy of the keys weren't kept somewhere....

He never came out and spent any of the coins.

It was found later that you could peel the sticker off with a bit of heat while keeping everything intact. That allowed you to see the private key and put the sticker back on.

So they're good for a keepsake but not good for transferring to someone else with the idea that you're the only one with the key.

And the government eventually cracked down him selling them so he could only sell the empty coins which you had to transfer your BTC onto them later.

It was one of many early innovations that was tried because we were all excited about making Bitcoin work. Back in the early days of bitcointalk there was so much activity around making Bitcoin awesome. Now it's just shilling. If you do a search for any useful information the search result is filled with 2011, 2012 posts.

There were certainly detractors but those were mainly based on the underlying economic principles of Bitcoin. Keynesians not liking deflationary currencies. They thought a currency should purposefully lose value over time. As a feature.

I don’t think it’s quite that easy to peel a cas without damaging the holo..
Show me this evidence..
Their are still huge cas coins out there unmoved..

I have one, and it’s unmoved..
I quite trust it..

I got it for around $800 and it’s worth over $25k now, lol
Have no plans to peel or sell it anytime soon..
Will probably keep it for atleast another halving cycle..

I got it as good cold storage and to make sure I wouldn’t spend it..
It’s worked like a charm..



Yeah the 2014 blip..
That’s what 2017 is gonna look like soon enough...
HODL