All posts made by old fart in Bitcointalk.org's Wall Observer thread



1. Post 11282737 (copy this link) (by old fart) (scraped on 2020-04-04_Sat_14.13h):

The poll needs updating. May 1 has been and gone.



2. Post 11368857 (copy this link) (by old fart) (scraped on 2020-04-04_Sat_14.15h):

Quote from: DieJohnny on May 13, 2015, 08:57:43 PM
Can someone explain to me GBTC owns X number of BTC, they provide X shares of BTC which trade at 2X btc price.

How does GBTC impact in any way the market price of BTC, they don't buy more BTC, do they have plans to add to their BTC holdings?

I get that over a 20 year period GBTC would be nice from a tax perspective, but other than that who cares......? why is GBTC even interesting for broader BTC world?

As far as I'm concerned GBTC is too small to matter. It doesn't affect anything.



3. Post 15190634 (copy this link) (by old fart) (scraped on 2020-04-04_Sat_14.52h):

Quote from: lrdeoliveira on June 13, 2016, 01:32:42 PM
I bought another coin at 698$ pretty confident we are going up. and up. and up

I was losing hope last summer, but this year I'm starting to get more confident we are going up. and up. and up. Last summer the best move was to dump when it hit 300 and wait to buy back in lower. This summer each time I expect a retrace it doesn't happen, the price just keeps going up. The best move this summer might be to hold and buy more if you get your hands on some fiat.



4. Post 15351585 (copy this link) (by old fart) (scraped on 2020-04-04_Sat_14.54h):

Quote from: AlexGR on June 24, 2016, 08:20:47 PM
I learned a new word today, 'bretards'. Too bad they won, at least for the bretards, but also for the rest of Europe. On the plus side, chaos is good for bitcoin, so meh.

The only bad thing is that there are no referendums in the rest of europe. If they were, half the countries would bail instantly.

I disagree, however for Greece it's a different matter intirely. You guys are screwed over royally by the EU and friends.

Euroskepticism is hitting all-time highs, in multiple (very populated) countries: http://www.bbc.com/news/uk-politics-eu-referendum-36471989

If, say, UK, France, Spain go out, that's like >160 million people.

Some of the Italians want out, you can add them to your list of possible exits. Add on some Nordic countries that have been discussing it and that's like >200 or >300 million people. There are worries the Brexit could start a chaotic domino effect, which could be good for Bitcoin.



5. Post 15354066 (copy this link) (by old fart) (scraped on 2020-04-04_Sat_14.54h):

Quote from: Dotto on June 25, 2016, 03:30:00 AM
Price reaching 700 and people discussing guns... I want to see your graphs, projections and speculations. Trains, rockets and wille e coyote are ok too.

The $698.0 high on biffinex has got me speculating if it will make it past $700 or bounce off it and retrace. It's gone back down to the $682 and if it can stay above $670 it might have a chance. It only needs a 2k buy to get it past $700.



6. Post 16619441 (copy this link) (by old fart) (scraped on 2020-04-04_Sat_14.58h):

Quote from: harrymmmm on October 19, 2016, 09:34:41 PM
Imo, purchasing a Trezor shoud be a obligation for every long-term bitcoiner.




Only me and bitcoin core can manage my private key ...

I have to agree with paashaas here.

When my trezor arrived all the cold storage worries went out the door.
The worries about the pc being keylogged vanished.
It now even handles keys and processing for password management on my various subscription sites, and acts as a 2fa device completely controlled by me.

Very nice and well worth the $100.

I do wish the site had a warrant canary tho, so i could have more trust in the firmware. but hey, it's better than anything else out there.

Is the private key stored on flash memory inside the trezor? What happens if the trezor's memory becomes faulty like a flash drive's eventually does? Do you lose your bitcoins unless you have backed up your private key? I don't trust any one storage system with my private keys because they all become faulty eventually.