All posts made by Millionero in Bitcointalk.org's Wall Observer thread
1.
Post 20536900 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_15.15h):
Anyone know if all BTC in paper/brain wallets can be moved with the BCC already there or is it not "official" yet
You have to split your coins. First, wait until the chain has finished forking, and send your BTC to a new address in a BTC wallet. After you do that, then import the private keys from the OLD btc address into a BCC wallet.
2.
Post 20539246 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_15.15h):
Can you trade BCC yet?
Warning: on Bitfinex, there is token called BCC. It is NOT Bitcoin Cash! Bitcoin Cash will be listed as BCH on Bitfinex.
3.
Post 20988104 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_15.18h):
China switching miners over to BCH, BTC could be in trouble
link?
4.
Post 21868154 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_15.21h):
Well good morning Bitcoinland.
Looks like reality is finally starting to rain on the little teddy bears' picnic.
After one last shakeout of the weaklings prices are starting to return to normal... currently $3598USD/$4366CAD (Bitcoinaverage).
AltcoinCash still slipping at $409USD/$497CAD (Coinmarketcap).
Just the sheer volume should indicate that this was the bottom. I'm glad I spent my last spare cash a couple of hours ago, just before the price went up at my local ATM.
Hopefully that's the end of this dip. If I were to buy any more, I might have to (shudder) use my credit card if I needed to buy something. Using credit cards always makes me feel like such a sucker. Cash rules.
I'll give you an example of when it's a good idea to use credit cards.
It was early 2015. I was unemployed and down to about $20k in assets and about the same amount in debt of various kinds.
Insolvent or getting there quickly.
I had a gut feeling that, rather than tap my assets for living expenses, I should preserve my capital. So I started living off my credit cards.
My
second gut feeling was that we were at a market bottom.
So put my $20k in bitcoin, and lived off my credit cards.
As bitcoin went up through 2016, I started incrementally liquidating my long position until the credit cards were paid off. I'm still hodling.
So many new account posters here have no long term vision.
I expect at least 80% of you to vanish from here within 1-2 years, just like MatTheCat and the others from the past who pissed all your money away on FOMO buying, then fear/greed gambling, selling at the bottom, and the like.
Read my lips: you will NEVER be wealthy in the future, because you are doing it all wrong.
Some of us aren't like that.
But being a long term hodler can be painful, as witness the recent market meltdown.
Guess it's not for everybody.
5.
Post 21868396 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_15.21h):
BTC/USD at Bitstamp bounced right off the weekly 20 MA. Until that weekly 20 MA is taken out we are still in a bull market. I draw the Fibonacci support levels properly anchored all the way back at the $152 low. The 38.2% level was broken briefly which is not a concern as the weekly 20 MA held. There is an RSI divergence; again not a concern as it happened before. I do think the 23.6% Fibonacci retrace is an important resistance to break. If there is going to be a weekly dead cat bounce it should be between $3840 and $4000. The sooner price gets back above $4000 the better it is for a continued bull market.
It hit the 20MA with such exactitude that it's like a deus ex machina.
6.
Post 21871252 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_15.21h):
I might have to (shudder) use my credit card if I needed to buy something. Using credit cards always makes me feel like such a sucker. Cash rules.
I'll give you an example of when it's a good idea to use credit cards.
It was early 2015. I was unemployed and down to about $20k in assets and about the same amount in debt of various kinds.
Insolvent or getting there quickly.
I had a gut feeling that, rather than tap my assets for living expenses, I should preserve my capital. So I started living off my credit cards.
My
second gut feeling was that we were at a market bottom.
So put my $20k in bitcoin, and lived off my credit cards.
As bitcoin went up through 2016, I started incrementally liquidating my long position until the credit cards were paid off. I'm still hodling.
I'm not totally against using credit cards.
You can't sell tickets on Stubhub and it's hard to rent hotel rooms or automobiles without one.
If I find myself short on cash for a day or two, I'll take a cash advance of a couple of grand to tide myself over and pay it off ASAP.
I just hate making retail purchases with credit cards and I
really hate paying interest compounded daily.
Our philosophies are aligned. Neither of us seeks immediate gratification.
7.
Post 21871393 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_15.21h):
I just woke up. Has there been some good news or some agreement in China? Or what is happening? Just a natural rebound?
News largely irrelevant.
Rebound because weekly MA20.
8.
Post 21880963 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_15.21h):
I shat myself a little this morning. Not sure I'm totally out of the woods yet.
I'll keep y'all posted.
at least you have lots of extra pants
Bears shit in the woods.
BlindMayorBitcorn shat himself and isn't out of the woods yet.
It doesn't quite prove that BlindMayorBitcorn is a Bear, but it's pretty strong circumstantial evidence.
9.
Post 26697552 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_15.34h):
I don't know if you guys are superstitious, but the fact that 23k doesn't exist on the poll might just mean that's where it'll land.
Now, if they change the poll so that you can vote for 23k, that means it won't happen.
I say Don't Touch That Dial!
10.
Post 26702553 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_15.34h):
What's up with the coming 2X fork on December 28?
I made some money from Bcash and BTG. Not enjoying the hassle of dealing with forks. I'll do it for this next fork if I'm convinced it's for real, not otherwise.
11.
Post 27998808 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_15.38h):
some 40 hours since Kraken began their "2 hour" outage
no updates for 5 hours
starting to wonder if I got off cheap with the fucking I got there
they are pulling a mtgox
won't give any updates or do anything over the weekend, and by monday they are gone for good
12.
Post 30072832 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_15.43h):
When number of pages in this thread equals the btc/usd ATH, will it then drop to 6k pages?
Keeping fingers crossed.
13.
Post 30077519 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_15.43h):
When number of pages in this thread equals the btc/usd ATH, will it then drop to 6k pages?
Keeping fingers crossed.
The ATH already passed the number of pages last year, but apparently the page count didn't get the message. Let's see what happens during the next round.
Is page count a leading indicator or a lagging indicator?
14.
Post 30422830 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_15.44h):
It's also quite sad that financial literacy isn't being taught in schools, not even electively. And it could be easily taught in playful ways that anybody could pick up on too.
Agreed. But along with basic financial literacy coursework, the book "Rich Dad Poor Dad" should be required reading.
Great book. I like your reads!
Here's a great one
http://www.simonandschuster.com/books/The-First-National-Bank-of-Dad/David-Owen/9781416534259The guy who wrote it, David Owen, has pieces published frequently in The New Yorker.
In
The First National Bank of Dad, he describes how he gave his kids a hands-on education in financial literacy. It's really amazing.
15.
Post 43631027 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.03h):
Stop being so bloody morose already. I'm trying to foster some positivity over here!
How can you be positive when it's all over man? With WEX about to shut down, Jamie Dimon saying Bitcoin is a scam? I mean...Jamie Dimon! Who doesn't listen to his advice all day?
Doom I tell ya. Blood in the streets type of doom.
16.
Post 44127567 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.04h):
Is everyone on everyone else's ignore list over here? The fuck happened during my brief absence?
When the cat's away, the mice will play.
17.
Post 45512592 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.07h):
You can pack all those quotes in a single post instead of making four separate posts.
18.
Post 45835015 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.07h):
Looks like a foot.
Bullish.
So you're telling me that the bullish trend is afoot... ?
Afoot the bullish trend is
19.
Post 48525079 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.19h):
HodLem don't foldem.
You've got to know when to hold 'em
Know when to fold 'em
Know when to walk away
And know when to run
You never count your money
When you're sittin' at the table
There'll be time enough for countin'
When the dealin's done
Every gambler knows
That the secret to survivin'
Is knowin' what to throw away
And knowin' what to keep
'Cause every hand's a winner
And every hand's a loser
And the best that you can hope for is to die
in your sleep
20.
Post 49008406 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.24h):
r0ach, why don't you just leverage all your silver in a short against Bitcoin like right now? Put your money where your fucking mouth is or just shut the fuck up.
Good point!
But all really r0achie wants to do is to swim in dicks. Have mercy for the fella
BTW I give it a fair chance that he owns some
BTC & just being a total prick about it.
I'm pretty sure he is just here to justify him deleting 50 coins so he doesn't kill him self about losing that cool Million.
I thought Gregor Samsa was dead already.
21.
Post 49025330 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.24h):
sex with a chick with a dick
Don't knock it 'til you've tried it.
22.
Post 49257417 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.26h):
24-hour average.
1 year between those parallel lines.
I wonder when we'll finally break the top line... April? May?
before the top line intersects this line:
xbt price = 10^(.096237*sqrt(days since Sept 22 2010) - 1.6295)
23.
Post 49445707 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.28h):
CB is 11 meters (measured wavelength, from peak to trough), it's near the ham radio 10 meter band. Ham radio is much better, and it's not that hard. My significant other is not a techie, and she just passed her Technician license test. I was also sending packet data around the world before Amsat satellites with a TI-99/4A computer on a Kenwood TS-520, with just wires strung in trees for an antenna. Seriously, check it out. There are very probably free classes in your area.
I got into ham radio about 25 years ago, and got the Extra licence. Back then you had to be able to "copy" (read) fast Morse code. I think it was 25 words per minute.
Anyway, the Morse code requirement has been dropped. Now all it takes is studying some technical information and passing a test.
Most of the people on this forum are probably geeky enough to do that without discomfort.
24.
Post 49445839 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.28h):
It's very annoying the Lightning Network conmen are trying to pretend LN while bitcoin has empty blocks vs bitcoin with full blocks that are uneconomical to use would look anything remotely similar to one another. It's a testnet and they're launching spam channels everywhere that have pocket change in each one and try to pretend each 'line' represents 'decentralization'. In the real world, the way it's designed incentivizes you to put all your money in a single channel connected directly to a well-connected bank, so the exact opposite of how they try to trick people and portray it as.
The testnet lines are meaningless, only incentives matter. Empty channels that nothing flows through is not a valid measurement of anything, just a visual trick. The real measurement of LN decentralization is basically what % of a user's net worth is all in the same channel and how few channels would actually be moving all the volume in the real world. For example, do you think someone is going to have 20% of their net worth in a channel connected to the grocery store then 5% to the pet store, yada yada? Hell no. They're not going to pay money to open all these channels and then for no reason split all their money up into non-fungible pools that can't be combined to spend on larger purchases.
How the fuck would you mobilize your cash to invest in anything if you constantly have to keep it in 100 different channels too? It's not feasible for savers, spenders, for anyone really. The only way it works at all in a non-clown car manner is having all your money in a single channel connected directly to a bank. So in other words, LN is completely worthless and is identical to the current banking system.
Roach, despite distracting and less than admirable personal qualities, you get some things right.
When I first looked into Lightning Network, I was thoroughly underwhelmed. Nothing has happened to change my mind.
LN is a kludge.
25.
Post 49530189 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.29h):
Fidelity is going to be "disrupting the obfuscated nature of trading digital assets."
Hardly disruption. More like reversion to SOP of TPTB.
Still, I approve, because it is the condition of life to struggle and strive.
26.
Post 49623848 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.30h):
Good day WO's!
Gentlemen, how is your mood?
Mood is doom backwards.
Coincidence?
I don't thiiink so000!
27.
Post 49880375 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.33h):
Your odds of defeating a whole pack of armed monkeys is not too good with a knife.
28.
Post 49888432 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.33h):
NOT prudent to be giving taking any kind of "investment advice" in these here threads
FTFY
29.
Post 49937065 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.34h):
Buy Bitcoin because:
-Lambos
-Hookers and Blow
30.
Post 49971435 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.34h):
Japan Police: 98.3% of Money Laundering Cases Don't Involve Cryptocurrency
So only 1.7% has Some crypto involved ....
almost nothing ....
They didn't say the other 1.7% is crypto.
31.
Post 49982192 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.34h):
No need to pay ripoff prices.
Using simple combinatorics you can set up (for example) a three-of-five secret sharing scheme.
Divide a long
random number (your entropy*) into ten concatenated segments Seg(1), Seg(2)... Seg(10). Assign each segment to a row in this table. Each row has three red blocks. Give Seg(i) of the
rand to each person who has a red square in row(i).
Any three persons out of the five can put their shares together and recreate the entire
rand.
Note that for a two-of-five secret sharing scheme, you would need four red blocks in each row, the combinatoric "5 choose 4" which has five rows.
A four-of-five secret sharing scheme would require two red squares in each row. 5 choose 2 has ten rows.
*Since a bitcoin address privkey is based on a 256 bit random number, you could simply use a 256 bit
rand and create a bitcoin privkey directly from that. In that case, each segment of the key would have 25 or 26 bits, which might not be enough security for you. To increase security, you could use a 1000 bit
rand so that each segment has 100 bits. Then derive the privkey from the 1000 bit number, perhaps by simply hashing it down to 256 bits using sha256sum (the way bitaddress.org does it).
32.
Post 50170919 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.36h):
The word bitcoin could be replaced by ethereal widgets
That's an ERC-20 token, right?
33.
Post 50266009 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.38h):
Is it just me
Yes
30% chance of another leg down to $2xxx later this year. 30% chance of $5xxx at year end.
there's an 86.7% chance you pulled those numbers out of your @$$
34.
Post 50359179 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.38h):
Do you know if they have decent heart stem cell treatment in Turkey? Panama is supposed to have some decent locations for heart stem cell treatment. Several years ago, I had seen some publications of heart stem cell treatment in Thailand, but I haven't run across it recently.
Heart cells can be challenging because older theories were that heart cells could not regenerate, but in recent years some medical studies/applications are finding that certain kinds of cells can be used, such as placenta cells (or certain stem cell treatment applications) that cause some new heart cell growth.
In the USA... some of the issues with heart stem cell treatment is cost and insurance approval. But it is also more limited in terms of what kinds of cells that they are able to use (can only use your own stem cells in many circumstances). I think placenta cells have been shown amongst the better of heart regenerative, but are not allowed to be used or studied in the USA.
In Bangkok I know of a clinic that uses umbilical blood / placental stem cells. You can get them injected in an arthritic joint. I think that clinic does cosmetic treatments too. Don't know about cardiac.
35.
Post 50457764 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.40h):
My gf was moaning throughout most of 2018
Oh you dog
36.
Post 50520930 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.40h):
Is Fiat dead?
If fiat was dead, we wouldn't have twenty thousand pages discussing the fiat exchange rate
37.
Post 50637036 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.42h):
This video has been removed for violating YouTube's Community Guidelines.
38.
Post 50652076 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.42h):
But the refugees in Europe don't want to work. They are not even allowed to do so for a few first years (in my country at least). They want free money with a living space.
I used to live in Finland in an area where refugees were massively brought in, I'd say around 95% did not work and had no will to do so. They got more from the government than the lower wages were. I can see similar behaviour when travelling to Sweden or Norway for example. Most of them can't and won't integrate. Not ever.
Most of the garbage handlers in those countries are pale white.
As far as I know EU is very selective when they are picking refugees.
I live in the country which sends you those.
(Turkey)
All the dumber ones are here (estimated number is 5 effin million btw) and from what I see, all the doctors and engineers are leaving to the EU.
You have a point though. There are many who don't want to work too. But hey, be glad you don't live over here. There is worse than bad.
Our alphabet is latin, but there are many Arabic signs I started to see in the streets in the last 4-5 years... I have no idea about what they say.
Turkish used Arabic script before changing to the Latin alphabet. Those signs might be Turkish written in the old style.
39.
Post 50673429 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.42h):
I had a buddy tell his wife he got "tree crabs". He made it up
LOL
Tree crabs are a thing, google it.
I don't think you'd want them on your waybos
"Aratus pisonii... is an omnivore, and prefers animal matter when possible."
40.
Post 50673729 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.42h):
"Following the erasure (and subsequent deaths of the collaborators), Craig was distraught. He gathered what evidence he could, and bunkered down to watch the bitcoin seed grow. Craig isn’t lying when he said he was Satoshi Nakamoto. He was the third head. He collaborated with Dave Kleiman, who was acting on behalf of Hal Finney. He is the third, less impressive head of the dragon. The incidental member of the three musketeers. He might have some merit, but nobody wants to be Ringo.
"Above all else, just think about how amazingly unlikely this story is. Hal Finney and Dave Kleiman meeting. Their understanding of each other, and ego-less work ethic. Craig Wright as the Ringo Starr of the group. Their untimely deaths leading to the bitcoin behemoth we know today."
from
https://medium.com/altcoin-magazine/the-dragon-has-3-heads-the-true-identity-of-satoshi-nakamoto-a7dd9ac0ac56
41.
Post 50709413 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.42h):
One Easter they did an easter egg treasure hunt and one of the guest's children beat me to my own fucking eggs.
^
This is the perfect metaphor for the crypto market.
42.
Post 50737699 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.43h):
Did Fudsters run out of Fud?
What will Fudsters do now?
?
Is this the end of FUD?
Elmer Fud lives!
43.
Post 50878697 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.44h):
This is the broad view of Bitcoin . Looking at this chart, you can see how it has progressed throughout the entire history of its existence. There is absolutely no denying that it has held this rising arch (in blue) for nearly a decade. As a technical analyst, I can't deny that this arch is incredibly important to the progression of Bitcoin . Many people don't think we will return to the 3000-4000 range, and that's fine. Everyone is entitled to their opinion. However, I do believe that we will most likely return to the 3000-4000 range, and I have published a lot of technical evidence to justify my position.
Today, I'm going to share another reason why I believe that Bitcoin will return to the 3000-4000 range. First off, in every bear market Bitcoin has ever had, it has touched the bottom of the blue arch before the next bull market began. Granted, there have only been two prior bear markets. Though, each one has produced at least one touch of the bottom of the arch. Knowing this, I think there is a high probability that Bitcoin will once again return to the bottom blue arch, before entering the next bull market. From my view, that could happen at 3000 or even lower, depending on how fast BTC moves down from here. Now, I don't really think we will dip below 3000, but it is definitely possible. Especially since the bottom of the arch is still well below 3000.
The second reason I would like to present today, for why I believe that the market is going to have a nasty pullback, is the NVT . I'm not sure why, but I see a lot of people hating on this beautiful indicator. They say "oh it needs to be calibrated" and "it should only be viewed on some other time-frame than the one you're looking at" and blah blah blah. I don't care what anyone on the face of this earth has to say about the NVT . All I can see, is an indicator that has never failed. NOT ONCE! That's pretty flipping incredible if you ask me. Just look at the signals! I've extended them vertically so that you can see the reaction that price had on the chart. Literally every signal was a success. EVERY SIGNAL. Now, it's flashing a powerful sell signal. Each time we had a weekly sell signal in the past, the market fell at least to the 61.8% retrace. Currently, that's around where? Oh yeah, 4,100!! Most NVT weekly sell signals sent BTC even deeper than that. So, I think it is very realistic, from a technical perspective, that Bitcoin could fall dramatically. That's not to say that I don't think it will be enormously valuable in the future. Quite the contrary. I'm just smart enough to recognize the danger signs when they're there. Right now, I see many danger signs. Did I mention the weekly 50 EMA (in black) on this chart, which we were just rejected at? Even if we did somehow manage to get above that, there is an ENORMOUSLY POWERFUL CEILING OF RESISTANCE all around 6000! I've made my profits, and now I'm waiting for this bad boy to cool down so I can load my boat again. In the long term, Bitcoin will soar! But for now, there is more downside and sideways chop left in the market.
As you can see by the arrows on my chart, I expect that we will continue to chop sideways between the 6000 range and 3000ish for the majority of 2019, and possibly even into early 2020. I don't necessarily believe that we will see lower low, but it could happen. Particularly near October, based on cyclical market analysis that I've shared in the past. Anyway, that's my view for 2019.
I'm The Master of The Charts, The Professor, The Legend, The King, and I go by the name of Magic! Au revoir.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
It sounds like he thinks the "arch" was there from the beginning. It wasn't.
The arch is to be fitted to the price signal, not the other way around.
44.
Post 51023085 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.46h):
If I hoard an actual resource like silver and corner the market, I have actual power and can ask for whatever the market can bear.
I think the Hunt brothers tried to corner the silver market. Didn't work out too good for them.
45.
Post 51064333 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.46h):
The expression “piss poor” comes from those who sold their urine to tanners...
Piss was also used as a source for salt peter for gunpowder.
There's a cliffhanger scene in Blood Meridian by Cormac McCarthy. A gang of bad white dudes, out of gunpowder, is trapped on a mountaintop and being attacked by Indians.
The bad white dudes need to make gunpowder. They piss and wait for the piss to dry in order to have saltpeter for the gunpowder. The piss dries in time to make the gunpowder just as the indians are about to overrun the white dudes' position.
Then the white dudes blow away the injuns.
46.
Post 51086973 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.46h):
Every time I'm standing in line at the gas station or convenience store, and the person in front of me is buying lottery tickets, I'm like You idiot
How can you possibly be throwing that money away on lottery tickets when you could be buying bitcoin!!??
47.
Post 51108193 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.46h):
Eagle's nest = mommy's basement.
Get real.
Roach used the profits from his silver trading to go on Rick Steves' Eagle's Nest tour
https://www.ricksteves.com/watch-read-listen/read/articles/hitlers-eagles-nest-at-berchtesgadenIt inspired Hitler fan-boy Roachie to write his masterwork,
Mein Dumpf
48.
Post 51267969 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.48h):
I R trying to figure out if it's the 3lbs of bacon or the gun on the table that is the wrong part of the EU's assumptions!
Bacon and gun both good, but what's missing is the grits.
49.
Post 51456787 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.50h):
So back up to 8k and stuck here. Need a breakout to 50k, when will this happen?
We hit $50k late April 2023 at the very latest. If we have a breakout, it will happen much sooner.
50.
Post 51468345 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.51h):
woman-hater Roach
Bullshit. I'm simply for equality, which means the horrific monster known as the western woman stepping down 500 notches from her current pedestal. After we've achieved equality, we can then decide on if women should be lowered further since only patriarchal civilizations are actually functional.
51.
Post 51474853 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.51h):
The thing is... What really matters are not ATH but bottoms. I mean, reaching or even surpassing some arbitrary utopian figure like $100K would be awesome but... unless one plans to sell it all/most trying to catch the ATH -which is risky business in itself- what really will count in the long term is how high the bottom afterwards will be.
Why do I say this? Because I think I am starting to delude myself into thinking that the next bottom will be high enough that I won't care about the correction/crash and not having sold at the top. Yes, I am thinking/hoping not only the next ATH is sky high, but the bottom is over the previous ATH ($19K). Something that will probably be the same mistake I did the last couple of times. And I will regret later.
But why am I posting this? I don't know, I am just thinking out loud.
#thelifeofthehodler
I am thinking OUT LOUD too that you are going to regret not selling more BTC at $250k (or whatever) when the BTC price dips (crashes) back down to $29k or something like that.
It's not easy taking a BIG ASS cut in your networth, even if you are still nearly a millionnaire (after the price dip) with your about 30-ish coins rather than a multi-millionnaire...
It is still going to hurt to have less of a cushion from such a drastic price correction, even if you remain quite (perhaps even something approaching "filthy") rich.
I don't know how each member lives or wanna live or do or....
I would just suggest HODL and when the time is there when you can take the profit to support your life goal etc
Like for probably many a nice house, some stuff, little fiat to support those achievements... Maybe take care of that but not a single coin more should be sold (th written here is already a generous take from the stash imo) and if lucky and it would DIP deep then maybe the spare cash could provide a BTFD to recover the sold coins... This would be the dream scenario
You can harvest gain from volatility with portfolio rebalancing along the lines of Shannon's Demon.
The problem with saying NEVER SELL A SATOSHI comes when the price goes up by an order of magnitude. You have to sell to get back to a reasonable balance. Goes back down, you buy to get it in balance again. The limbic part of your brain should not have a part in this. Effect is increasing net assets.
Bitcoin is the perfect asset for this. It's astoundingly volatile. Don't get whipsawed. The timeline for this strategy spans many years.
52.
Post 51486103 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.51h):
The question is: Who is Satoshi Nakamoto among three guys? I need to see real Satoshi before seeing next all time high of Bitcoin.
Satoshi is not one of those three guys. But he does make an appearance in the cartoon. I guess you'll just have to waste half an hour of your life if you want to see him.
The three guys in the picture are Metallic Butylene, Jones the dealer, and some dude who looks kind of like Charlie Shrem.
53.
Post 51760468 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.55h):
How do you say "Sorry for your loss" in Polish?
mucho trabajo, poco dinero
54.
Post 51760590 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.55h):
reminds me of the Monty Python fish-slapping dance
https://www.youtube.com/watch?v=AaZrAjkBhlM
55.
Post 51851875 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.56h):
That sure lines up nice. What is it about our brains that makes this imagery tickle us so much?
56.
Post 51896545 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.56h):
Call out the stormtroopers! Cry havoc and let slip the dogs of war!
57.
Post 51932674 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.56h):
I REGISTERED SPECIFICALLY TO PARTICIPATE IN THIS ABSOLUTELY BASED THREAD
ALL YOUR BASED ARE BELONG TO US
58.
Post 51981848 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.57h):
What do you make of his $1million btc prediction? I don't think it will happen
Overly ambitious. But I wouldn’t definitively rule it out.
Specifically, McAfee predicted $1M by the end of 2020.
A raging bull market may
peak at $1M in q4 2020, but assuredly a major bear market will follow in the event.
Anyway, the big tops have come more than a year after halving, so late 2021 top is more likely than 2020.
59.
Post 51991027 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.57h):
As long as two people exist on the planet in close proximity there will be some form of government or governance agreement unless they flat out kill each other.
Roach doesn't have that problem; he lives on another planet, all by himself.
60.
Post 52010328 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.57h):
HAHAHAHA
no
61.
Post 52020371 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.57h):
That's interesting.
But I wish crypto news writers were held to a higher standard.
It's
compliance, not "complaisance".
Definition of complaisance
: disposition to please or comply : affability
https://www.merriam-webster.com/dictionary/complaisance
62.
Post 52040330 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.57h):
$10,600
Nice & gently... So satisfying to see it rise like that...
That's what
she said.
63.
Post 52147012 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.58h):
I'd like to follow this mass-spring model Kevin Raven's working on.
https://twitter.com/KevinR4v/status/1161001203926491137
Anybody got more information/links?
Yeah, I know I should just follow Raven; but I thought the
Towering IntellectsTM here on WOT might want to contribute to the discussion.
64.
Post 52150649 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.58h):
Did you mean inverted cup & handle pattern?
I was about to say... what kind of fucked up cup with a fucked up handle is he looking at? All wobbly when you try to set it down, leaking out of the side and shit. The handle is just decorative.
65.
Post 52172021 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.58h):
It's a very large company (part of the CAC40 index), it trades a lot with governments etc., it can't really go under. I would sell some if I could, but I have to wait 5 years, quit the job, or buy a home to be able to sell it.
Keeping your retirement money in a single stock an insanely bad strategy. And yet they're forcing you to do it. Can this be legal?
66.
Post 52178575 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.58h):
It's a very large company (part of the CAC40 index), it trades a lot with governments etc., it can't really go under. I would sell some if I could, but I have to wait 5 years, quit the job, or buy a home to be able to sell it.
Keeping your retirement money in a single stock an insanely bad strategy. And yet they're forcing you to do it. Can this be legal?
Actually that's not the retirement plan, that one is diversified (and you can fiddle a bit with it, towards more or less risk), however you can't get the money until you retire in your 60s, or go bankrupt ! That's insane, and the government has now realized this and is changing the rules, making it more attractive.
The matching contributions from the employer go to one plan or the other (or half and half or whatever) but since that retirement plan is really useless to me as it is, then I put everything into the other. There are also regularly stock emissions with a leveraged thing offered to employees, your investment is guaranteed, you buy below the current price, and you get 10 times the growth over 5 or 10 years, it's quite good, but you can only invest a few hundred € in it, as basically all employees worldwide buy into it.
I guess you're in France (CAC40). I'm in Lyon right now, will be in Paris in about a week, spend a few days there and then fly back to the U.S.
The roller coaster continues, I made a bit more money, it's really hard not to trade this !
Choppy range-bound price action, good for day trading, I guess. I trade on a scale of months and years, so this day-to-day stuff isn't really in my wheelhouse.
67.
Post 52178631 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.58h):
Bakkt The halvening will ignite Bitcoin's rocket to the moon.
FTFY
68.
Post 52181347 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.59h):
I guess you're in France (CAC40). I'm in Lyon right now, will be in Paris in about a week, spend a few days there and then fly back to the U.S.
Are you on vacation ?
In recent years I've been spending as much time overseas as I do in 'Murikka. It's starting to feel like work.
69.
Post 52181361 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.59h):
I could have participated in the ETH ICO at 1 BTC = 2000 ETH. And I could have just HODL those all until today and I'd be as retired as anyone else.
But ... as it is, I'm still struggling to make ends meet.
I was there when Vitalis Butylene came to the Bitcoin Center in New York City in 2014 to flog his token.
I don't do sex any more because it's silly. I do remember getting pretty bored of it during the act at certain points and started thinking about railway timetables to pass the time.
If Bitcoin's iron grip on my mind was replicated in my wanking technique my poor johnson would look like one of these -
Wait, you mean my willy isn't supposed to look like that? Oh man...
70.
Post 52181421 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.59h):
I could have participated in the ETH ICO at 1 BTC = 2000 ETH. And I could have just HODL those all until today and I'd be as retired as anyone else.
But ... as it is, I'm still struggling to make ends meet.
I was there when Vitalis Butylene came to the Bitcoin Center in New York City in 2014 to
flog his token.
Is that a euphemism? If not, it ought to be...
My mama told me if I flogged my token it would end up looking like this
She was right.
71.
Post 52218729 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.59h):
1 Bitcoin is still worth more than 1 sex. We can reach sex climax but we still didn't reach bitcoin's climax.
Here’s a question for you guys.
(In an alternate life you get a decision)
You can have 10,000
BTC now but you have to sign a contract to never have sex again. Oral sex is allowed though.
Sign it or not?
My friend, let me tell you something. I never had a sex and i probably won't have in this life. I'm almost 40 years old. But i never got any compensation for that. All i have is 0.5 btc but i'm still happy with my life.
72.
Post 52247821 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.59h):
The list of reasons to hold bitcoin keeps growing:
Imagine five years ago if in one solitary week the president of the United States of America -
Referred to himself as 'the chosen one'
'Hereby' ordered all American companies to leave China just like that.
Attempted to buy another country and called the PM of its custodian 'nasty' and cancelled his visit when they said they weren't too keen.
Truly, we are living in v strange times.
But Obama ordered a hamburger with Dijon mustard
https://youtu.be/cAvq12Sa3VESo that makes it even
And in Pulp fiction... Samuel L Jackson gets crazy, we Belgium guys eating French fries with mayonaise
Are you Flemish or Walloon?
73.
Post 52255565 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.59h):
noggers
Do you refer to persons of the
negro persuasion?
74.
Post 52292950 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.59h):
They oughtta register them ingots on a blockchain.
75.
Post 52293108 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_16.59h):
throughout history fiat paper has typically been a derivative (receipt) of physical metals.
I'm not sure that paper money started as PM receipts.
This is Marco Polo describing Kublai Khan's paper money in the thirteenth century:
He makes his money after this fashion. He makes them take of the bark of a certain tree, in fact of the mulberry tree, the leaves of which are the food of the silkworms, these trees being so numerous that whole districts are full of them. What they take is a certain fine white bast or skin which lies between the wood of the tree and the thick outer bark, and this they make into something resembling sheets of paper, but black. When these sheets have been prepared they are cut up into pieces of different sizes. All these pieces of paper are issued with as much solemnity and authority as if they were of pure gold or silver; and on every piece a variety of officials, whose duty it is, have to write their names, and to put their seals. And when all is prepared duly, the chief officer deputed by the Khan smears the seal entrusted to him with vermilion, and impresses it on the paper, so that the form of the seal remains imprinted upon it in red; the money is then authentic. Anyone forging it would be punished with death.https://www.newyorker.com/magazine/2019/08/05/the-invention-of-money
76.
Post 52312733 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.00h):
The next two posters will be critical.
77.
Post 52330524 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.00h):
@Alexanderjest
The case of $100 000 000 per Bitcoin.
Bitcoin could be $100 m+ without hyperinflation @ Worldwide Adoption
The total cap of BTC should be equal to World Total Wealth (WTW), which in 60 years will be weĺl above $3000T.
As you can find below the graph represents that process.
https://twitter.com/alexanderjest/status/1168149294878253056?s=21We are the next generation of uber, wealthy elite.
Seems pretty
decent.
I am not planning to be alive in 60 years, but I am expecting (based on that trajectory, and even less bullish possible outcomes) that any of us who are HODLing and accumulating bitcoin will be able to profit
decently well in time frames that are much shorter than 60 years... even likely to be profiting
decently in 2 years, 5 years or 10 years... much more manageable as compared to 60 year projections... even though 60 year projections could be quite
decent preparation timelines for any of us who either have kids or considering the possibilities of persons who have not been born yet but will potentially be directly (relatedness) connected to us.
JJG is truly a decent fellow.
78.
Post 52358470 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.00h):
I'm sorry V8, a hug.
You forgot to type, "no homo"
who ordered these bitcoin?
Google Translate sucks with Vietnamese, but it's something like a saline solution, or something you can use as mouthwash or to treat acne and skin problems.
Any Vietnamese here can translate?
79.
Post 52513990 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.02h):
no obscenity, please
80.
Post 52572529 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.03h):
Y'all want some green dildos? Careful what you wish for
81.
Post 52582726 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.03h):
Caring about the environment is for pussies. You're supposed to eat raw meat and fart diesel fumes if you want to be a right wing Alpha in this day and age. If you want to prove yourself go bleach a coral reef and burn down a rain forest.
Hey. Don't denigrate raw meat.
I love raw meat and I'm not some knuckle-walking conservative redneck. Not some politically correct goody-two-shoes liberal either.
Alphas have better things to do with their time than waste it on politics.
Just call that raw meat "steak tartare" and you become a stuckup, white-wine-drinking card-carrying member of the liberal elite.
Can you just liquefy it?
Well yes, at very high pressures.
The current (type IV, the type V tanks are experimental) tanks hold it at 700bar, that is 10,000psi... ...
I started wondering what it would take to liquefy and store elemental hydrogen
according to the wikipedia liquid hydrogen page,
"To exist as a liquid, H2 must be cooled below hydrogen's critical point of 33 K."
So you can't store and ship liquid hydrogen on an industrial scale.
I read somewhere that current research and development aims to store hydrogen by infusing it into other materials, I don't remember what exactly, but maybe a polymer or something.
In other news,
You got to know when to hodl
Know when to fodl
Know when to wakl away...
(sung to the tune of The Gambler, by Kenny Rogers)
82.
Post 52603254 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.03h):
turn regional overpopulation issues into everyone else's problem even if you live 2000 12000 miles away.
ftfy (circumference of earth ~25k mi)
83.
Post 52638728 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.03h):
One needs a good deal of darmklachten to put up with this verlakkerij.
Haha if someone knows what V8 is meaning in here, would be impressive .........
Be quiet Hairy. = fuckery iirc
darmklachten =
- unsure but its probably another word worth learning.
darmklachten sounds like (darmwinde) gut farts in german
in german: "pupsen" (softer) / "forzen" (more rude)
EDIT: "r0ach ist ein kleiner Furz" means "r0ach is very less important"
Verlakkerij looks Dutch.
Google Translate detects darmklachten as Dutch for intestinal complaints. Roach's fuckery gives you indigestion? But Google translates the German "darm lachten" as "guts laughed", so maybe darmklachten really means belly laugh?
Google Tran says Furz is German and it means fart. Roach is a little fart, a nebbishy incel, if you know that in Yiddish a nebbish is a nobody (sorry Roach)
And to fart is furzen, not forzen.
84.
Post 52813494 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.05h):
^^personally I think mankind is nearly at the edge
Of what, doom and destruction? Most of society has always been at the edge don't you think? The cutting "edge" is where the big changes take place and appears most volatile. #staypositive and uh... #weed
You don't believe we're on the eve of destruction?
https://www.youtube.com/watch?v=qfZVu0alU0I
85.
Post 52873836 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.05h):
a fixed position in the lattice of space
Some Jew discovered this thing called relativity.
86.
Post 52940561 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.06h):
We have quite the space to expand.
Before space.
Well, we shouldn't rule out space. Roach can go to space. He can colonize Uranus.
He's in there now, scrabbling around like a suffocating gerbil.
87.
Post 53010324 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.06h):
Both inflation and deflation have their pros and cons. He's conflating two different arguments.
Inflation, deflation, conflation... what's a little flation between friends?
88.
Post 53125904 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.07h):
What I want is to know not who made the most posts but who has written the most letters, characters on Bitcointalk??
The big money's on JJG.
89.
Post 53166869 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.07h):
Am I reading correctly? It looks like
ln(p) = a(y-k)^2 + h = t
I'm not understanding it.
Can somebody please 'splain me?
90.
Post 53314696 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.09h):
Probably more fair to start measuring BTC price or value from 2012, if not a bit later.. but hey.. we can assess that there was some liquidity and price finding abilities that were starting to occur in 2010 and 2011
I think rational price discovery started early as late August or September 2010
What were the exchanges? GOX? Sure was hard to send any money to GOX in 2010... but hey, late 2010 is way the hell more reasonable for a starting point than anytime in 2009 - especially January 2009.
It started on Gox.
Bitcointalk member kellrobinson did a quadratic regression with time as a function of price to get a "sideways" parabola with basically a perfect fit to the local minima of bitcoin usd price history. The history is Gox and Bitstamp concatenated. The parabola's apex is at September 8, 2010.
91.
Post 53314709 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.09h):
Probably more fair to start measuring BTC price or value from 2012, if not a bit later.. but hey.. we can assess that there was some liquidity and price finding abilities that were starting to occur in 2010 and 2011
I think rational price discovery started early as late August or September 2010
What were the exchanges? GOX? Sure was hard to send any money to GOX in 2010... but hey, late 2010 is way the hell more reasonable for a starting point than anytime in 2009 - especially January 2009.
It started on Gox.
Bitcointalk member kellrobinson did a quadratic regression with time as a function of price to get a "sideways" parabola with basically a perfect fit to the local minima of bitcoin usd price history (Gox and Bitstamp concatenated). The parabola's apex is at September 8, 2010.
92.
Post 53462600 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.10h):
So apparently, CSWcoin is going to hardfork in the near future. Said hardfork includes the fantastic idea of basically stealing people's unclaimed BTC, which means, if you didn't claim your BSV, those coins will be "confiscated" by CSW-Ayre's mining operation (which I presume are the only people mining the thing). This also includes that satoshi's "1 million" coins will be stolen. According to raw calculations, they'll get $85million. I mean, it's not a lot, but still, this has to be a joke right? am I taking crazy pills? How is people unironically supporting such thing at this point?
I assume most here didn't even bother claiming the coins. I mean, it's such a pain claiming a forked coins, you have to do much for so little, but I don't appreciate CSW getting free money, but still, I may just don't bother.
If this is not the case, correct me if im wrong on the whole thing, but that is what I extracted from what I've read.
Can you link to highlighted, please?
Apart from rumors, i haven' seen anything solid, as it would be very weird.
Gmaxwell did address this on bsv subreddit:
https://www.reddit.com/r/bsv/comments/edr0av/massive_replay_theft_coming_to_a_scamchain_near/And official bsv page says:
https://bitcoinsv.io/2019/12/23/bitcoin-sv-blocking-potential-p2sh-replay-attack-after-genesis-hard-fork/Mitigation
In response, the Bitcoin SV Node team will update the “Genesis” hard fork specification by upgrading the rule rejecting the P2SH script pattern from a policy rule to a consensus rule. That is the specific script template “OP_HASH160 <hash> OP_EQUAL” will not be allowed in new outputs and this rule will be directly implemented in the Bitcoin SV Node software. Whilst unfortunate to restrict the usage of a particular script pattern, we note that the same effect can be achieved using variations of the script pattern e.g. “OP_SHA256 OP_RIPEMD160 <hash> OP_EQUAL”.
This change closes the attack vector and mitigates the need for honest miners to forcibly reject blocks containing theft transactions. Whilst this could have triggered a valuable demonstration of the principle of honest miners acting punitively against dishonest miners, the public disclosure by Mr. Maxwell raises the potential cost to those miners to an unacceptable level.
Note: The theory is that it is argued if there were any "mistakes" here, and stealing funds was always part of the plan, they just got caught by gmaxwell.
I don't understand any of this. I read the subreddit linked above. Which coins might be stolen if the worst happens? What does it mean for those of us who have bitcoins stored in segwit addresses and "compatibile" (starting with 3) addresses?
93.
Post 53465912 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.10h):
But damn I cocked like hell for my GF
I bet you did you rascal.
I bet he cocked all over her face.
I think we made it through the rough patch.
I thought we would hit $5000, but we didn't in 2019... I expect a good strong 2020 for Bitcoin. ATH's?
King Corn follows a four-year cycle.
It's likely to take about one more year to pass the previous ~$20k high.
It's likely to take about two more years to make the new ATH>$100k.
94.
Post 53465965 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.10h):
There is a formula (Klein Kelly criterion-see wiki) which describes the % of portfolio one should dedicate to a bet.
The problem is-it involves assigning a probability to a trade success, which is almost always an impossible task.
Example: on a trade with 60% success one should invest 20% of the portfolio; trade with 70% success, 40% of portfolio, etc, etc.
Mind you, these %% are "real" numbers, not imaginary ones.
Also, NO MARGIN.
EDIT:
Formula...Fraction of portfolio to invest (in decimals)=[2X(chance of trade success in decimals)]-1
Therefore, 0% to invest when 50:50 (or lower) and 100% to invest when 100% chance of success.
Everything else-in between.
Actually, at 50:50
Klein Kelly says "invest nothing", right - but if the odds are under 50-50, the Klein criterion suggest the opposite bet should be taken, with an amount again determined by the formula you quoted (it will come out as a negative fraction).
Example: on a bet with 40:60 odds (that's less than 0.5), the criterion suggests 2 * (0.40) - 1 = 0.8 - 1 = -0.2,
that is, invest 20% on the OPPOSITE bet (if anything like that exists).
Thanks, great qualification (re the opposite bet)
The Kelly criterion applies to "simple bets with two outcomes, one involving losing the entire amount bet, and the other involving winning the bet amount multiplied by the payoff odds" (quoted wiki)
The Kelly criterion may be used in investing, but its application there is much more involved than the simple betting forumula. Wiki has more info.
95.
Post 53514816 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.11h):
And what, may I ask, is DT?
96.
Post 53515547 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.11h):
Putting time on a log scale makes no sense to me. Time doesn't aggregate quantity, like a price going up several orders of magnitude, or power measured in decibels. The year 2020 is no
more massive in that sense than the year the earth was formed.
In fact, the log time scale gives an inferior fit.
Empirically, an inverse quadratic time scale fits bictoin's log price history better than log time does (ugh, just writing "log time" makes me queasy).
Which agrees with my sense.
sucking slime out of dead whale skulls
Don't knock it til you've tried it
97.
Post 53515629 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.11h):
It's almost funny how some days I decide to quietly contemplate and compare Bitcoin graphs in different timeframes, during hours, as if I was gonna see a signal/pattern that instantly enlightened my mind and everything were going to be crystal clear then.
Spoiler: Nope. Nothing. Again. Will just keep hodling and waiting. As always.
Don't abandon your quest.
Siddhartha had to sit under the bodhi tree seven weeks before he saw the signal that enlightened his mind.
98.
Post 53515814 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.11h):
It's almost funny how some days I decide to quietly contemplate and compare Bitcoin graphs in different timeframes, during hours, as if I was gonna see a signal/pattern that instantly enlightened my mind and everything were going to be crystal clear then.
Spoiler: Nope. Nothing. Again. Will just keep hodling and waiting. As always.
Don't abandon your quest.
Siddhartha had to sit under the bodhi tree seven weeks before he saw the signal that enlightened his mind.
Good one
I have checked your post history: You are funny, knowledgeable and seem to have been involved in crypto since 2013. (#nohomo)
Why do you not have a hat? You surely deserve one.
I'm phlattered.
back in a bit guys, it is make a log time
Pinch a loaf for Satoshi.
99.
Post 53539940 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.11h):
ugh... someone shoot me. caught a cold that became a sinus infection weekend before christmas, then the flu this past weekend. missed all the fun around here.
What's the difference between a cold and the flu?
Flu and colds are both viral, but caused by different viruses. In
fluenza is much more severe. Millions died in an influenza epidemic in 1918.
100.
Post 53539963 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.11h):
Dude put me on Z-Pak for 5 days (antibiotic)
wtf antibiotics for a virus
About the only excuse for that is if the stress of the flu weakened your immune system so badly that you got a bacterial infection on top.
Did doc say you had a bacterial infection?
101.
Post 53540018 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.11h):
On a more cheerful note:
The corn had a growth spurt of about a thousand smackeroos in the last five days.
102.
Post 53544283 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.11h):
Food poisoning sucks, Vietnamese seafood is to be avoided for the foreseeable future.
What a pity about your meal
Where did you eat it? I have lived in Vietnam in recent years, their cuisine is really interesting
I even love their PHO - they write PHỞ in Vietnamese. It was really really delicious, have you eaten it? I have never had food poisoning since living there until now
Seeing chopped up dog corpses for sale on tables here is pretty freaky for a Westerner like me. Like, dogs cut in half or decapitated. There's a dog meat (thịt chó) restaurant not far from where I'm staying. Haven't tried it.
Obviously I'm in the north.
Oh yeah, I tried the foetal-chick-in-an-egg once.
I think my favorite is bún chả. The basket of aromatic greens on the side is fkn great.
103.
Post 53544388 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.11h):
Dang, when you have to look for your lost dog in local restaurants, that's a real bummer.
What if you find him?
Tet is coming up and they say one should be a little more alert than usual.
104.
Post 53592618 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.12h):
Why no mention of mobile?
Searched until I got tired of it.
Anyway I made sure Firefox on my daily drive linux box is updated.
Android tells me my mobile Firefox browser is up to date, but it shows an older version number than the one cited in the warning. So I'll refrain from using it for now.
If the mobile browser is actually safe, they should say so.
105.
Post 53592772 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.12h):
ESR stands for extended support release (had to google it).
From your post, apparently "ESR" is synonymous with mobile for the purpose of ordinary users.
That's one more thing left unstated in the advisories.
What is is with technical writers?
Especially in a case such as this, they need to be aware of the audience. What the audience knows (not much), and what the audience doesn't know (mostly everything).
106.
Post 53645074 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.12h):
Good morning WO's, Indeed it is over $9000 looking at 9155 and climbing. This is fine.
Tet is coming soon and the karaoke parties are starting. I'm expecting prices to follow the celebrations of the next 10 days.
Friends and atmosphere all in place. Here's a shot of our back yard currently. Any sleuths out there find this? Shouldn't be terribly difficult.
Phu Quoc?
107.
Post 53645296 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.12h):
Good morning everybody btw, proper Vegeta this time
108.
Post 53696149 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.13h):
Why it would go up please? I don't understand...
Cos it's
BTC.
What do you mean? It's something that goes up with no reason? Till which level?
To 9000, obviously.
Because it would suit you?
In two years it will go much higher than $9k.
109.
Post 53697082 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.13h):
How's your little wizard-money coming along?
For a second there I thought you said Lizard Money.
110.
Post 53697113 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.13h):
Why it would go up please? I don't understand...
Cos it's
BTC.
What do you mean? It's something that goes up with no reason? Till which level?
To 9000, obviously.
Because it would suit you?
In two years it will go much higher than $9k.
Perhaps its
fiat that will go much lower? Currently the FED is printing .014% more of the 23 trillion national debt each day ($3.3 Billion 2019 average). That's serious inflation
Watching the
Debt Clock its about 1 million every 30 seconds.
You don't like dollars? Name your poison. Gold? BTC gonna go up against gold. Light Sweet Crude? BTC goin' up. The price of ladyboys in Bangkok? BTC will go up.
111.
Post 53700731 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.13h):
Why it would go up please? I don't understand...
Cos it's
BTC.
What do you mean? It's something that goes up with no reason? Till which level?
To 9000, obviously.
Because it would suit you?
In two years it will go much higher than $9k.
two years seems to be a bit of a stretched out scenario...
We are looking at ATH that is quite likely within this calendar year, but could drag out to 15-20 months from here...
Most crypto discussion and analysis, or whatever you want to call it, has a horizon of months or weeks, or mere days. That's much too short.
Let's take the long view.
Bitcoin's market follows a wavelike pattern. Since 2012, when the first halving happened, the waves have a period of a bit less than four years -- the time between halvings.
That puts the next ATH late 2021.
112.
Post 53719593 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.13h):
113.
Post 53801053 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.14h):
If this rip goes to $17k without faltering, I'ma short dat bitch.
114.
Post 53821467 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.15h):
I do like my green as much as anyone else, but let's keep this sober. We don't want to blow our load into a parabolic condom.
Then I'll just have to go in bareback...
115.
Post 53903384 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.16h):
What good is your money when you're dead? Seems like you should want it to benefit your heirs.
I'm over 60 and my bitcoins are sitting in a wallet that nobody but me can access.
I have to start thinking about this stuff.
116.
Post 53952207 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.17h):
Too much information.
117.
Post 53952276 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.17h):
Just texted with a friend, the groceries in Seattle got wiped out yesterday. Silly normals, why pay for food when you can just split the skulls of your neighbors and feast on the tasty goo inside?
I'll have mine sunny side up please.
(
or those of another mammal)
and scrambled eggshttps://en.wikipedia.org/wiki/Eggs_and_brainsI remember ordering brains and eggs at a diner in Kansas City.
My exact words were, "I'll have scrambled brains."
Truer words were never spoken.
118.
Post 54064081 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.21h):
Chuck Norris once mined a bitcoin just by thinking about it.
While humanity races to find a coronavirus vaccine, the coronavirus races to find a Chuck Norris vaccine.
Actually, there's no need for a coronavirus vaccine. Just wait until Chuck Norris catches it.
119.
Post 54064204 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.21h):
Wonder how Lambie feels about the coronavirus.
Dry cough, fever, body aches.
120.
Post 54088605 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.21h):
... another bottleneck exposed in modern society by the virus, just-in-time funeral services.
I bet Silicon Valley can come up with a funeral home share app for that, with surge pricing to cater for unexpected demand too.
Out of curiosity, how would a non just in time funeral home work? Would they have bodies on stock in case deliverys run out?
should be doable if dead bodies are fungible.
If a dead body has fungus growing on it, does that mean the dead body's fungible?
121.
Post 54089137 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.21h):
I'm feeling a bit nervous about having my bitcoins on the exchange right now. If they suddenly "lose" everyone's bitcoins...what would anyone really care? Everyone has enough problems than to worry about a bunch of rich folks losing money.
I am also a bit gun shy on many cold storage systems I have used. I barely got out of Thailand with my bitcoins intact.
Keeping anything physical requires thinking of different scenarios. Bugging out I can carry it with me. What if I'm arrested for tyranny reasons and they confiscate my home again? Centralized servers don't seem very secure at this point (encrypting it and putting it on AWS, etc.). There's a brain wallet but many of those were hacked due to humans not being as crafty as they think. I had troubles with my trezor in Thailand, I had the trezor but the backup codes were on the seastead. That's part of it, you need backups but what to do with the backups?
I get pretty extreme when doing cold storage for extra security. Last time I bought a cheap computer to create the private keys, then put them into my cryptosteel in an order that only I knew, then I destroyed the computer with a hammer and burned the parts in a fire. Fortunately I had a backup that I split among family members because all of my cryptosteel was on the seastead.
Coming up with a new cold storage solution is not simple when you don't trust that your home won't be over-run. If I was thrown in jail I'd like the peace of mind that every day I'm in there I'm getting richer and richer and nobody can steal my bitcoins while I'm in there.
Would you be able to remember several random words like
peasant
cultivate
specimen
articulate
if you record just the first letter, or the first two letters, of each word? Like this
pe cu sp ar
If so, then you have some entropy to get you started on constructing a seed. Entropy that you can retrieve using an abbreviated mnemonic as above.
Next, you add enough salt to protect you from rainbow table attacks while lengthening the string to protect from brute force attacks.
For example, you could use your social security number and your mother's maiden name
So the reminder string becomes
pe cu sp ar ss mmn
So that you have a string with four words and a number, followed by a fifth word, and you can store just the abbreviated string.
It is highly unlikely that any thief who gets hold of your file will be able to reconstruct the string from the abbreviations, so storing it
becomes much less of a security concern. You might even email it to yourself.
Now we probaby have enough bits to work with. But add more words or salt if you see fit.
The next step is to create a private key or seed from your (entropy + salt) string.
Do a sha256 hash of the full string. This will give you a 256 bit hex string (64 characters).
And that hex can be the input for a tool like
https://bip32jp.github.io/english/or you can use Ian Coleman's mnemonic code converter
https://iancoleman.io/bip39/and click "show entropy details" to put in your own entropy.
Now you have a seed. But you don't need to remember the seed.
If you can reconstruct the string that was the entropy source, you can reconstruct the seed.
For me, it's easier to remember something that I came up with on my own, aided by a mnemonic shorthand like
pe cu sp ar ss mmn
than it is to remember a 12 word HD seed, for example.
But your mileage may vary; everybody's brain works different.
Notes
the output of the hash command depends on the syntax.
I always type it like this:
echo -n 'passphrase' | sha256sum
For example,
a@galliumos:~$ echo -n 'correct horse battery staple' | sha256sum
c4bbcb1fbec99d65bf59d85c8cb62ee2db963f0fe106f483d9afa73bd4e39a8a -
Do the following:
Use the first 32 hex chars (128 bits) of the hash as custom entropy input for one of the generators linked above
and you will get 12 words that you can use to create or restore a bip39 HD wallet.
If you don't want to use the command line to do the hash, you can hash the string by typing it into
http://brain.evilbs.com/, which calls the produced hash the "secret exponent." The output will be the same as that produced by the command line syntax specified above.
Warning: if you use the command line, your .bash_history file will record the command, with the word string as you typed it,
so make sure to erase that line from the file.
Also, you obviously don't want to do this sort of thing on a website. If you use one of the generators or the brainwallet site,
download the page and run it offline.
122.
Post 54094751 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.21h):
I'm not sure why are you posting this shit? Is it supposed to be important? Who gives a damn?
This is an alt account of
alevlaslo who tried to run a scam claiming he knew how to generate the private key of the genesis block. He didn't change his tradingview name. This guy posts nothing but bullshit.
I thought the genesis block had a bug that made it impossible to move the coins off it.
123.
Post 54095696 (copy this link) (by Millionero) (scraped on 2020-04-04_Sat_17.21h):
I'm no conspiracy theorist, I tend to want to see evidence before I even consider anything a possibility, but I tend to be open to see the evidence and make a decision for myself.
I believe there is a Corona virus out there. I believe people are getting sick from it. I believe people have died from it.
My question:
With all of the people that record video of every boring part of their day (planting flowers, eating dinner, walking the dog, etc.), why are there no videos of people in their hospital beds dealing with this virus?
A quick search of Youtube shows that there are several media videos of people talking about how they are sick, but no "Joe blow" sitting in his hospital bed talking about how much it sucks on his Youtube channel.
And on Facebook I see plenty of people talking about how "my friend's dad died from it" or "my friend is a doctor and he's overwhelmed", etc.
But where are the videos? If you know of any, please let me know to ease my confusion. This should be a common thing on Youtube.
Cue Twilight Zone theme music.
