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Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1651475 times)
rpietila
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April 08, 2013, 10:28:04 AM
 #19081


This, with several independent wallets (like one small wallet which has the funds directly on the online computer too) is pretty secure.


I like it when people describe nuclear blast proof solutions, ending with the humble remark, "pretty secure".


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mccorvic
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April 08, 2013, 10:29:04 AM
 #19082

And here's this mornings cry baby everyone!
Hopefully the tears will truly begin when they must buy back at a much higher price, haha.

They always do.  It really is one of life's great mysteries as to why they keep trying to do this.  It freakin' hasn't worked the first thousand times, it ain't going to work this time.  Oh well. If they were smarter then they wouldn't be bears in the first place.

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zedicus
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April 08, 2013, 10:47:58 AM
 #19083

If you must "read up".. remove wallet from computer immediately!!  Cheesy

I guess everything is relative. For me, it was mostly about starting to use a safe VPN (that accepts bitcoins). I think I had most bases covered before that.

Checklist:

1. Filesystem encryption.
2. Password management.
3. Individually encrypted wallets.
4. Local firewall.
5. Cron virus scan.
6. Sane file permissions.
7. VPN (with failsafe switch).

8. Encrypted wallets stored on several locations.

Todo:

1. Paper backup in safe.

The thing I'm concerned about is keyloggers.

My password is very long and secure and I have it completely memorised, I only use it for things like Bitcoin and it's never been written down.

Due to the price of these coins I'm going to get a separate computer (probably a cheap netbook) to store my Bitcoin client on.

I'll use it only for doing transfers, nothing else.


Of course I have my wallets backed up in various places as well.

I suggest Armory.
One "live" computer with armory, with "watching-only" wallets.
Another small computer completely offline, doesn't even need the blockchain. Has the same wallets, but including the privkeys.
Create a tx, move it to your offline computer via usb-key, it signs, you send the tx on your online computer.

This, with several independent wallets (like one small wallet which has the funds directly on the online computer too) is pretty secure.

Ente


pssst 

http://www.qfxsoftware.com/


youre welcome! Smiley
ManBearPig
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April 08, 2013, 10:49:59 AM
 #19084

So, have you guys heard of these bitcoin things? I heard they might be worth 200 some day.

I had a dream last night that the value of Bitcoin dropped to 0, scary.

Then I woke up, looked at my firefox ticker and chilled by playing this song one more time

Haha I dreamt quite the opposite - that I witnessed the Bitcoin singularity, digits multiplying before my eyes before all the exchanges crashed.

Woke up and never did find out if that meant I was rich or penniless so it may have been the same dream :p

I tweet crypto nonsense: https://twitter.com/DunningKruger_
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April 08, 2013, 10:54:31 AM
 #19085

Hmmm...now here's a bubble that doesn't look to be crashing anytime soon.  Wink



Sheesh, put that shit on a log chart!

I know right?  Looking at this on a lineair scale is so uninformative...

this graph should be used for all retorts in the media when they talk about the coming bitcoin 'bubble' burst.  yeah, supernova baby!

That is some scary shit right there. The US is pretty much already bankrupt. Thing is, if BTC is worth $100,000 and the dollar is worth nothing then...are we all poor again?

I tweet crypto nonsense: https://twitter.com/DunningKruger_
samson
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April 08, 2013, 10:56:58 AM
 #19086

I suggest Armory.
One "live" computer with armory, with "watching-only" wallets.
Another small computer completely offline, doesn't even need the blockchain. Has the same wallets, but including the privkeys.
Create a tx, move it to your offline computer via usb-key, it signs, you send the tx on your online computer.

This, with several independent wallets (like one small wallet which has the funds directly on the online computer too) is pretty secure.

Ente

I'm note sure I understand exactly how this works and I've never user Armory before but I'll do some testing with it.
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April 08, 2013, 10:58:32 AM
 #19087

Hmmm...now here's a bubble that doesn't look to be crashing anytime soon.  Wink



Sheesh, put that shit on a log chart!

I know right?  Looking at this on a lineair scale is so uninformative...

this graph should be used for all retorts in the media when they talk about the coming bitcoin 'bubble' burst.  yeah, supernova baby!

That is some scary shit right there. The US is pretty much already bankrupt. Thing is, if BTC is worth $100,000 and the dollar is worth nothing then...are we all poor again?

Your government knows how to solve this problem:
1.Print 20 trillion more greenbacks.
2. Pay back the debt with them.
3. Mission accomplished.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
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April 08, 2013, 11:03:06 AM
 #19088

I can't help but feel we're approaching a 'flash crash' due to the $200 milestone price point.

From what I've read these can happen around the price point minus 6%

There's definitely some resistance to the price increasing right now but I guess that's to be expected as the asks are nowhere to be seen near the current price ($181.5) - it looks like nobody's selling much at all.

The bids are pretty thin on the ground as well with less than 1000 BTC per $ right down to $160.
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April 08, 2013, 11:03:20 AM
 #19089

Meanwhile the condition of hamsters:

Edit: time is in CEST

Gods sent us a powerful tool - cryptography - to fight with those who are trying to exploit us. USE IT!!
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April 08, 2013, 11:37:26 AM
 #19090

Hmmm...now here's a bubble that doesn't look to be crashing anytime soon.  Wink

http://i.imgur.com/SEWJqrj.jpg

Sheesh, put that shit on a log chart!

I know right?  Looking at this on a lineair scale is so uninformative...

this graph should be used for all retorts in the media when they talk about the coming bitcoin 'bubble' burst.  yeah, supernova baby!

That is some scary shit right there. The US is pretty much already bankrupt. Thing is, if BTC is worth $100,000 and the dollar is worth nothing then...are we all poor again?


by that time bitcoin will be the accepted medium of exchange and bitcoin e-bays, grocery store chains, etc. will be accepting them.
mccorvic
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April 08, 2013, 11:46:18 AM
 #19091

Bids holding around 11.5mil USD which is higher than any point before last Friday Cheesy

Asks are below 40k.

weeeeee

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humanitee
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April 08, 2013, 11:55:49 AM
 #19092

BtcChina @ $199.08 

Newscastix
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April 08, 2013, 12:21:47 PM
 #19093

187.10! ATH
ManBearPig
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April 08, 2013, 12:34:34 PM
 #19094



Oh nothing, just another ATH *yawn* Wink

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April 08, 2013, 12:35:51 PM
 #19095

$189.80, unbelievable!

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April 08, 2013, 12:36:23 PM
 #19096

I should get ready to put my bear-sell order in.
190.
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April 08, 2013, 12:36:52 PM
 #19097

Some nice 100 or so BTC buys going on there too Smiley

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April 08, 2013, 12:37:15 PM
 #19098



BOOM!

wopwop
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April 08, 2013, 12:37:49 PM
 #19099

I should get ready to put my bear-sell order in.
190.
what? you are not a believer?HuhHuh??

BELIEVE AND THOU SHALT FIND SALVATION

don't sell your precious bitcoins to wall street scum now
ManBearPig
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April 08, 2013, 12:37:55 PM
 #19100

Those walls: I swear I can see them shifting sideways Smiley

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