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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 11810. (Read 26715426 times)

legendary
Activity: 1484
Merit: 1491
I forgot more than you will ever know.
I would be very unhappy if my phone got stolen with all my crypto on it Cheesy

this wallet is not supposed to store large amounts. I think this should only be used like a old school fiat wallet.

Exactly pointed that out as well in the french thread.
Compatibility with some of the newest NFC payment terminals would be awesome. Like if the terminal could handle Visa & crypto.
legendary
Activity: 1484
Merit: 1491
I forgot more than you will ever know.
I would be very unhappy if my phone got stolen with all my crypto on it Cheesy

Presumably they’d be password protected & backed up to some sort of cloud? You could recover your coins then on a new phone?
Be dumb to keep your main stash on your phone any way. Every day spending amounts would be cool though.

Yes but again, it would be just as secured as the place your store you backup is.
Also if you can only restore it in another samsung wallet, you are kinda hooked by samsung and have to buy a new ... samsung phone.

not something i look forward to.

I'd rather buy that crap bluetooth Ledger X.

For the meanwhile I will wait for ledger to allow me to connect my ledger S to my phone via OTG. Just missing their ledger live app for android.
legendary
Activity: 1303
Merit: 1681
a Cray can run an endless loop in under 4 hours
I would be very unhappy if my phone got stolen with all my crypto on it Cheesy

this wallet is not supposed to store large amounts. I think this should only be used like a old school fiat wallet.
member
Activity: 94
Merit: 22
I would be very unhappy if my phone got stolen with all my crypto on it Cheesy
phone wallets are meant to be used for quick transactions, so you'd normally keep just a portion of your holdings there.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
I would be very unhappy if my phone got stolen with all my crypto on it Cheesy

Presumably they’d be password protected & backed up to some sort of cloud? You could recover your coins then on a new phone?
Be dumb to keep your main stash on your phone any way. Every day spending amounts would be cool though.
legendary
Activity: 1484
Merit: 1491
I forgot more than you will ever know.
I would be very unhappy if my phone got stolen with all my crypto on it Cheesy
legendary
Activity: 2604
Merit: 2353

Wow.. but where will it be stored? In your Samsung account online or inside mobile offline?
And more is it from Samsung or Android itself?


Quote
Samsung said that smartphones are the safest devices for storing digital currencies. According to the electronics giant, “spendable” cryptocurrency may be securely stored on mobile phones because they use a Trusted Execution Environment (TEE).

As explained by Samsung in a blog post, the TEE runs in its own independent execution environment, so that its persistent storage (normally a hard disk drive) and random-access-memory (RAM) are separate from a mobile phone’s operating system (OS).

Because there’s an independent run-time environment, the Android OS does not have direct access to the TEE. This means that even if the OS gets hacked, the attacker will not be able to access the data in the TEE. The only way to access data in the TEE is through a compatible application programming interface (API), according to Samsung.
https://www.cryptoglobe.com/latest/2018/12/samsung-files-trademark-application-for-cryptocurrency-wallet-software/
legendary
Activity: 1891
Merit: 3096
All good things to those who wait
We didn’t need an ETF to see the price close to $20,000 so I assume we won’t need one to touch the next ATH. Fuck the SEC & fuck authority. They fear the beast that bitcoin will become.

I hope you’re all buying whilst the price is this low gentlemen!

Now is definitely the time to buy. Think of it this way - Let’s say you have $10,000 in a fiat savings account. It will earn maybe 2% interest per year (if you’re lucky).

There are good & bad times to buy bitcoin. Buying at what seems like the bottom or at least close to the bottom of a cycle after a new ATH it definitely a good time.

Let’s say you put half of that $10,000 into bitcoin now. I think it’s safe to assume that you’re very, very likely to see that money outperform your fiat savings account by a big % 12-18 months from now.

Smiley



2% of actual increase on top of the 10K, what country, planet are you from..... we have to pay for having a bank account, and probably the time will come we have to pay, to may save money on a/that bank account Roll Eyes

I am getting %3 (after taxes) for my usd here in Turkey. There are banks giving more than 4.5% for USD. 2.5% for Euro. One of few advantages living in a corrupted country.

It is still a risky investment though i am quite happy with the returns especially for a shit investment like this.

I am getting around 200 usd/month just from interest and buying crypto with it. Feels quite good. :d
In 2017 if you bought BTC at $700 you had almost 30x profit. How is 4% interest better than that?!? In 2019 and 2020 BTC will make at least 5x profit starting with the current prices. So for me there is no point keeping deposits in banks for interest. I also had 4.5% interest but widthdrew all of it to buy bitcoins in the Summer of 2017.  
legendary
Activity: 1652
Merit: 4393
Be a bank
legendary
Activity: 3276
Merit: 2442
We didn’t need an ETF to see the price close to $20,000 so I assume we won’t need one to touch the next ATH. Fuck the SEC & fuck authority. They fear the beast that bitcoin will become.

I hope you’re all buying whilst the price is this low gentlemen!

Now is definitely the time to buy. Think of it this way - Let’s say you have $10,000 in a fiat savings account. It will earn maybe 2% interest per year (if you’re lucky).

There are good & bad times to buy bitcoin. Buying at what seems like the bottom or at least close to the bottom of a cycle after a new ATH it definitely a good time.

Let’s say you put half of that $10,000 into bitcoin now. I think it’s safe to assume that you’re very, very likely to see that money outperform your fiat savings account by a big % 12-18 months from now.

Smiley



2% of actual increase on top of the 10K, what country, planet are you from..... we have to pay for having a bank account, and probably the time will come we have to pay, to may save money on a/that bank account Roll Eyes

I am getting %3 (after taxes) for my usd here in Turkey. There are banks giving more than 4.5% for USD. 2.5% for Euro. One of few advantages living in a corrupted country.

It is still a risky investment though i am quite happy with the returns especially for a shit investment like this.

I am getting around 200 usd/month just from interest and buying crypto with it. Feels quite good. :d
legendary
Activity: 2408
Merit: 1091
goodbye sweetest cat of em all
What is Bitcoin?
It is just this.
It cannot be rendered into price.
If you insist on an explanation,
This means exactly this.

(inspired by Lu Tung Pin)
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
legendary
Activity: 3346
Merit: 1618
#1 VIP Crypto Casino
horror comes to end.
Need bitcoin to rise and shine.
Bears stand in my way.


legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
horror comes to end.
Need bitcoin to rise and shine.
Bears stand in my way.
full member
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
Okay time for conspiracy-theory! This is mine,

They want to use the ETFs to manipulate the price by buying futures before buying millions of $ in BTC to raise the price, then they short the ETFs and sell all their BTC to crash the price. Finally they cash out on ETFs.
Combine this with the manipulation of news and you can see how the rich can control everything.

Their only problem is that Bitcoin's futures don't have much volume right now, so they can't do a multi-million manipulation... they would only trade against themselves.
This could change with the approval of ETFs, but before that they want to buy as many cheap BTC as possible to have something to sell after they short.
So what I'm seeing right now is that we're in the phase they're accumulating, but in order to keep the prices low they're playing with the news and control the SEC's approval.


One way with which they might have managed to drive us in this situation is by making people believe that ETF = Moon.
This propaganda was easy to spread, they were ready to buy a lot of Bitcoins the moment the news of an imminent approval to raise the price and ready to dump them when they'd release news of delays.
After a while people started believing that the Bitcoin's price is relevant to ETFs, but as it's already said....
We didn’t need an ETF to see the price close to $20,000 so I assume we won’t need one to touch the next ATH. Fuck the SEC & fuck authority. They fear the beast that bitcoin will become.

In any case, people will keep selling their Bitcoins cheap based on irrelevant news.

Unfortunately, THIS IS A WAR and if we want to win this, the first step is to accept there's an enemy; then realise the weapons in the enemy's arsenal and finally finding counters to these weapons.
legendary
Activity: 2268
Merit: 1278
2% of actual increase on top of the 10K, what country, planet are you from..... we have to pay for having a bank account, and probably the time will come we have to pay, to may save money on a/that bank account Roll Eyes

Banks are shit but still 2% is rather common.

I got 3% and it's not under heavy conditions and it's rather risk-free. But if you consider inflation it's only a 1/1.5% net gain.

So BTC wins anyway.
I get exactly 0%. And inflation is well over your 2%. What planet...
legendary
Activity: 3346
Merit: 1618
#1 VIP Crypto Casino
2% of actual increase on top of the 10K, what country, planet are you from..... we have to pay for having a bank account, and probably the time will come we have to pay, to may save money on a/that bank account Roll Eyes

Banks are shit but still 2% is rather common.

I got 3% and it's not under heavy conditions and it's rather risk-free. But if you consider inflation it's only a 1/1.5% net gain.

So BTC wins anyway.

My UK ISA is 1%.
I was just saying 2% as a macx hence ‘if you’re lucky’.

Agree we don't need An BTC ETF. With or without ETF we are going to see 100k + USD according to nearly all prediction models and regression analysis at the next bull run bubble. They can not stop it. In addition, a global economic crisis which is near will accelerate the period.
Buy as much as you can at these prices.

I’ll drink to that!
sr. member
Activity: 994
Merit: 391
We didn’t need an ETF to see the price close to $20,000 so I assume we won’t need one to touch the next ATH. Fuck the SEC & fuck authority. They fear the beast that bitcoin will become.

I hope you’re all buying whilst the price is this low gentlemen!

Agree we don't need An BTC ETF. With or without ETF we are going to see 100k + USD according to nearly all prediction models and regression analysis at the next bull run bubble. They can not stop it. In addition, a global economic crisis which is near will accelerate the period.
Buy as much as you can at these prices.
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