No kidding. After long time considering buying one I finally did past week and I couldn't be happier now. Way better and more secure than my previous mess of having some in exchanges, some in software wallets and some in paperwallets.

Now I can only recommend to anyone that doesn't have one to buy one asap. It's a whole new dimension. There's really no reason not to have one except maybe for someone with less than 1btc.

I did buy a Ledger Nano S though, which is mostly the same than Trezor.

With the hardware wallets like Trezor, I would just ask. What happens when my Trezor dies down the road and the company that creates them no longer exists? Is there a way to recover my bitcoins from the seed in such a case?

Thanks Fakhoury.


My bitcoin talk account was hacked into in September (about the same time that Adam's account was hacked into). 

I made some changes, but based on your article, Fakhoury, I made a few more changes. 

If a hacker gets into another bitcoin related account that has value, it will take only a few minutes before you lose your bitcoin in that account.

And, even if the account does not allow them to withdraw for a few days, they can pretty much deplete your account within hours, just by pumping and dumping whatever value you  have in your account.

I have 100 btc I own from mining outright...only thing in is hobby/time/labor now...thus I will do like you and play with anything OVER that 100 btc...but
the hoard stays...my ONLY shot at a 'black swan event' or getting in on the equiv of "a venture capital deal' (like say big money hears about)

thus will feel less troubled if it all goes 'tulips' or beanie babies for the above...then if it goes up as I expect it will by holding.

Just something about 100 btc stake, that is my 'thou shall not pass'..I DID dump 8 btc off my 100 btc at the time last year at around 650 usd. to get knc liguidation
miners to mine myself out of the hole and continue mining ..but .let me tell
you mining that 8 btc back as the price went up to 1260 plus usd ...sucked......

So anyway my advice is 'stake out your bitcoin territory' in my case I NEVER thought I'd get 100 btc (esp the dark days of 2014 and 280 buck usd btc)...thus
that is my line in the sand.

Then do as you say....play with the rest above whatever your 'set' amount is.....its all about protecting the ego....if  you end up with BTC or crypto ...chump or champ

it will be one or the other in the end

Another solid nights sleep followers by a nice jump in price. Again very surprised BTC-E has just been shrugged off completely. Seems bullish to me.

Money on the like button, now that sounds pretty awesome!


Can someone explain, what does the shorts will get REKT means?

About price, I think we'll see one more major dump before aug 1. Why? cuz i wanna buy some more cheap btc 

ROFL!

1.7% daily interest for lending on Poloniex! xD

Maybe peeps are taking their coins off the exchange in advance for the aug 1 chain split and there isn't enough btc to lend?

My Account "Spaceman_Spiff" was hacked.  I was stupid enough to reuse a weak password (I figured there was no monetary value involved, but now that it happened I am angry I didn't put in a better password anyway).  I saw this guy has been posting on the forum, probably trying to scam people.
He changed the password and the associated email adress.

Does anybody know which moderator I should contact to flag this issue?  Or is there an email address for support or so?  I would prefer it if they could reset the password and change the email adress to mine again, but obviously closing the account is acceptable also, as long as this guy doesn't use my name to scam people.

What a resentful and judgmental fuck you are.

Of course, hodlers are going to get excited.

Of course, there is going to be a lot of variance regarding when to sell and how much.

Also, it seems that we are currently in an upward trend that is likely to take us a bit of a ways.

I still say next resistance in the $4800 to $6800 territory, and then $8500 to $13000 territory.. and then $16500 to $19k thereafter.

WE gotta get through resistance in each of these areas, and I could see going to the $8500 to $13000 territory in this run, but I have a hard time with any kind of reasonable plausibility of the $16.5k to $19k... range... but what do I know?

This is my first real bubble too... from $250 to $3800 is quite amazing, and surely having had made it past the earlier resistance makes these higher levels of resistance quite more realistic and plausible, especially since the rise from $250 has been decently gradual (over nearly two years) as compared with other exponential growth periods that were much shorter.  And, people were pretty fucking pessimistic in 2015, and some hodlers were selling parts of their stash and turning into bears, too... and even the participation in this thread was quite low, too.

So we are truely in better days in which the trend is our friend, especially if we can play it strategically and sell on the way up but not too many, because you want to have a decent stash, even if the unthinkable and the less likely scenarios play out.... that is $20k and then Adam's repetitively favorite $32k thereafer... hahahahaha  I plan to have sold some coins along the way and still have a decent stash of coins in any of those upwards and seemingly less likely scenarios.

In a sense, not really. People still don't understand bitcoin and why price in the thousands is low.

Satoshi put an arbitrary number of coins (21mn) out there, and that's where the price is coming from. Had the supply been 21 Billion, instead of million coins, nobody would bother on whether bitcoin is 1-2-3-5-10$. It would seem "cheap". People would say, wow one day it can go to 100$ or 500$ (the equivalent of 100k or 500k for a 21mn supply) and nobody would say "you are greedy"... But because there are 21mn coins, the 5$ equivalent is 5000$ in our case. And still people don't get it and appear impressed by "high prices".

Bitcoin is like Berkshire stocks which cost a quarter of a million bucks without them being "expensive" - but rather as a consequence of the low number of stocks: https://finance.yahoo.com/quote/brk-a?ltr=1 ...if people don't get Berkshire pricing, it's unlikely they'll get Bitcoin pricing. And most of the time, they don't. Even those in Bitcoin don't get it.

If weeks ago or even days ago someone said "put loads of money in monero 2 days before btc segwit activation" I would have said you need to take your medication my friend and maybe go back to your padded room.

Wow, haven't seen monero pumped like that in ages. Any reason for the pump?

The story is that he lost 700000 XMR worth about 20500 XBT on his Apple laptop. I am not a fan of Apple and its EULA's but this has to be a record for a click on "I agree".

Edit: I used GNU/Linux on a laptop that I bought from a surplus government auction to make this post .

What, we broke 4500 and nobody is posting anything?  I guess we're getting used to it.

Caught up with a friend at lunch that works for a midsize company - 300 employees.  Boss is giving everyone a paper wallet with Bitcoin in it for Xmas.  

Don’t know if they have thought through possible consequences.

Congrats. 

I just sent my first BCH transaction and its now over 30 minutes and there is no confirmation. What the F? Are there no nodes to validate?

Notice how everyone has forgotten about Bcash?

I know all you guys all want to see a 6-month moonshot straight up to $100k, but I don't. That would be the worst thing to happen to Bitcoin right now. We need to build a super strong base of support.

Honestly if Bitcoin just quietly stayed out of the MSM and slowly crept back up to $20k over the whole course of 2018, I'd be really happy. You guys should too.

With the one do you mean Princess Leia? As she was the most powerful Jedi ever, far more so than her own father.
Jedi Mace Windu couldn't save himself falling out of a window.
Anakin Skywalker couldn't raise himself out of some Lava.
Both had ample training going by the lore.

Leia on the other hand, presumably without any Jedi training whatsoever could save herself from the freezing conditions and vacuum of space by resurrecting herself and generate momentum in space and fly back into a spacecraft.

Rian Johnson is a complete and utter imbecile.

Support wont do anything about it unless I sign a message with a bitcoin address but I never posted one. It's kind of an arcane policy.

I sense a disturbance in the blockchain.

I have a feeling we're setting up for moonshot this week.

Well 2018 turned out to be a shitty year for bitcoin

We just lost Stephen Hawking and we are all poorer for it.

An analysis of Bcash lol mining economics and game theory:  the Abyss

https://medium.com/@btcWolves/bch-heading-towards-the-abyss-f1b2b9ec41f1

What do babies dying have to do with cryptocurrency ?!??

I'm so confused right now.

Beginning to genuinely suspect the mental state of Roger Ver is rapidly deteriorating.

Looks like Roger is doing "Good business" again... . 

What is it with rally spectators?  Begging to get ran over.  

Is that a Lancia?

helso - olseh
realsteelboy - steelboy
there's a newish system for recovering accounts
here at WO we leave no man behind

Why people now asking for correction, when BTC ba k then already reached 9k before and correct around $7500 and now correction again? Hahahahaha .

Had 3 MR2's the 3rd one a MK3 with added turbo and intercooler oil cooler standalone ECU overbore sleved racebuilt engine forged everything etc. and the last was a Nissan 300zx Twin turbo, FAF!

I had a R32 GTR. Without a shadow of a doubt the most hateful vehicle I have ever possessed. Everything went wrong, it handled and braked like shit. The engine was incredible so some day I will place one in a Morris Minor and enjoy the sole bright spot that car had to offer.

Ideally I'd like to buy back that specific car so I can slowly cut it to pieces with tin snips but I think it got scrapped which made me smirk.

My nephew is into the drifting scene and competes. He runs a Supra with over 700Bhp. The thing is crazy quick. Biggest cost is tyres. Easily chewing through 6 sets in a session.
I have owned a couple of "nice" cars. A Merc CLK 55 AMG, a C32 AMG and a Lotus Elise 111R.
Preferred the Mercs over the Lotus although the Lotus was fun on the windy stuff.
Also had a couple of bikes GSXR and a CBR but gave those up after realising that they are not meant for mowing grass!

I test drove an R33 GTR. Nice car but the dealer was dodgy.  Odometer misaligned...

Do you find yourself attracting young men at the gas station instead of young ladies ?

lol, it keeps going.

https://twitter.com/Cryptolete1/status/1139725294657556480

The next twenty-four hours are absolutely critical.

Thanks, I’m hoping so too, talking with the team currently. I’ve got plenty of evidence just not the exact thing they want.

Pro-tip: If you use BTC to conveniently buy stuff, replace it fairly soon. Because, pizza.

Good luck today lads; I have a feeling today is the day

Close your eyes, raise your ankles over your head and YIELD, little one.

Daddy's taking what's rightfully his.

Fun to watch all the same.

So yeah. Selling a bit and going on a year long vacation, starting with a choo-choo down through europe. Time to get serious about the laid back rich person life.

Exactly. I HODLd through 2018 and I don't regret it, I  always felt like at any moment this whole market could flip, and I would HATE to be someone who sold at $3000 because they thought it was going a little lower and they could get more. This market could have flipped last November at $6000, you just never know, thats markets for you.

Yeah man, I'm still pretty sore from having to sell ALLmy Monero right before alphabay after a 2 year hold!

Glad to hear you did well on it, I've been reacquiring since then and even bought at .03 Doh.

But bottom line is BTC has been a Godsend for all of us here!

From what I hear, he went AWOL and became a bcasher

Guys, I can confirm that you can use Coinomi to claim your BTG.

As for BCH, I used TREZOR's own claiming engine. I believe TREZOR can do BTG too.

Whatever you do, be EXTRA careful. You're messing with the private keys that hold your BTC stash! Make sure you know what you are doing!

Anybody starting to feel a bit sick/anxious about this rapid rise?
I don’t feel ready, should I ?

I don’t want to sell a significant % until over $50,000. I planned this perfectly to come in 2021/22.

WTF is going on?

Dear WO gentlemen,

I'd like to introduce myself. I'm a long-time lurker. I've been reading this thread on and off since 2012. I do have an account from that year, but I lost access to it after the bitcointalk database breach. I don't care though. I was a nobody here then, just as I'm a nobody here now. I probably didn't have more than 10 post anyway. Like I said, I'm more of a lurker.

I'd just like to chime in and say thank you to all you WO participants. I really enjoy reading this thread. Reading about the rare TA, getting a rough feeling of the market sentiment, or just reading about the everyday WO drama.

What about me? Got my eyes open for bitcoin in 2011, but I thought I was too late in the game, so I never bought any at that time. I eventually pulled the trigger the following year and bought my first and only bitcoins at around $10. Even though I've lost or sold 90% of my initial holdings, I'm really fortunate. Bitcoin has defined my life. I'm in my late 30s and I am retired since a couple of years back, living my dream. All thanks to bitcoin.  

Once again, thanks. I really I enjoy 'lurking around here'. Keep it up, cheers gentlemen.

I have always worked for myself and still have a small company.

One of the guys has worked for me for nearly 20 years, but he has always opted out of the pension scheme 'waste of money - everyone in my family died before they reached pension age' he said.

He rents an apartment, and what worries me is that when he retires (he's in his mid 40's), he just won't be able to afford to keep paying rent on a state pension.  He told me - 'I am saving, but I can't see how I will ever save up enough - prices keep going up, but my savings are climbing too slowly'.

Last year was a struggle - but we had a big contract in late in the year.  I said "If you can help me get this delivered before the end of the year, I will give you a bonus in January."

He did it.  I then said, I want to give the bonus to you in Bitcoin, but you have to hold it for at least a year.  If it has not gone up in that time, I will simply give you the cash instead - if it does - you just might be able to actually afford that deposit on a place of your own.

The bonus was around $6000 (in my currency) and the company bought him the BTC in Jan.

At this rate - he is well on his way to what will be a very positive change in his circumstances.  

This will be huge in terms of his outlook; THIS is the transformative power of Bitcoin.

I am so happy I was able to do this. Thank you, Bitcoin.