Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19789.

billyjoeallen

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Quote from: marcus_of_augustus on December 20, 2015, 11:55:16 PM

Quote from: Cconvert2G36 on December 20, 2015, 11:53:46 PM

People struggling to access coins from 2011... bullish Huh

he's running an XT node, may as well just send them straight to Uncle Sam now and be done with all the other formalities and hassle ... lol.

I don't have a choice. There's no other BIP101 implementation and it's the only way I can vote for bigger blocks except for dumping my stash and you don't want me to do that, do you?

billyjoeallen

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Quote from: TERA on December 20, 2015, 11:52:20 PM

Quote from: billyjoeallen on December 20, 2015, 11:48:39 PM

Quote from: TERA on December 20, 2015, 11:42:18 PM

You shouldn't print a QR code for your cold storage wallet either.

All I do is generate a random number, write it down, and hash it with a couple mental passwords to make a private key.

Do you really have coins that you haven't touched since 2011?

Yeah, but I check them on blockchain.info every once in a while to make sure they're still there.

Be careful with generating random numbers because some of the RND computer functions have been show to not be truly random. Dice or coins is safer, but it's kind of a pain.

I think if you have to do that, then you're not using Bitcoin to its fullest potential. So what is your plan if they're not there? lol

I know they haven't moved. And I have more than one copy of the wallet.dat file, in case one gets corrupted, so it's only a matter of getting the software to work.

I have an idea that I think will work:
I'm sitting on a fairly good size pile of cash that is in my trading account. I can move two coins for every one I sell. I'll sell one and transfer the other to the exchange and use it to buy one coin on margin. That way I'm not dumping and my exposure to price changes is neutral. The pile of cash will keep me from getting margin called unless the price drops below $10 again and I'll get some scratch to spend while waiting for the next ATH if it ever happens.

marcus_of_augustus

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Activity: 3920

Merit: 2349

Eadem mutata resurgo

Quote from: Cconvert2G36 on December 20, 2015, 11:56:47 PM

Quote from: marcus_of_augustus on December 20, 2015, 11:55:16 PM

Quote from: Cconvert2G36 on December 20, 2015, 11:53:46 PM

People struggling to access coins from 2011... bullish Huh

he's running an XT node, may as well just send them straight to Uncle Sam now and be done with all the other formalities and hassle ... lol.

Why bother with the truth... amirite?

... the truth is Uncle Sam wants YOU running an XT node ... and why would that I be you wonder? because he wants to own your coinz, oh yes, you can use them and pretend like they are yours, but just like the Federal Reserve Debt Notes, in the end he wants to have the ultimate control over your money so that it can be called in at any time. Without OWNING your own money (as in the fullest legal sense, possession, control and knowledge) you are not a sovereign economic individual, just another subject to the corporations and other entities controlling the money of the Kings and would-be Kings.

ChartBuddy

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Activity: 2380

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

Cconvert2G36

sr. member

Activity: 392

Merit: 250

Quote from: marcus_of_augustus on December 20, 2015, 11:55:16 PM

Quote from: Cconvert2G36 on December 20, 2015, 11:53:46 PM

People struggling to access coins from 2011... bullish Huh

he's running an XT node, may as well just send them straight to Uncle Sam now and be done with all the other formalities and hassle ... lol.

Why bother with the truth... amirite?

marcus_of_augustus

legendary

Activity: 3920

Merit: 2349

Eadem mutata resurgo

Quote from: Cconvert2G36 on December 20, 2015, 11:53:46 PM

People struggling to access coins from 2011... bullish Huh

he's running an XT node, may as well just send them straight to Uncle Sam now and be done with all the other formalities and hassle ... lol.

Cconvert2G36

sr. member

Activity: 392

Merit: 250

People struggling to access coins from 2011... bullish Huh

marcus_of_augustus

legendary

Activity: 3920

Merit: 2349

Eadem mutata resurgo

Quote from: billyjoeallen on December 20, 2015, 11:27:47 PM

Quote from: TERA on December 20, 2015, 11:20:17 PM

Quote from: billyjoeallen on December 20, 2015, 10:46:52 PM

Quote from: TERA on December 20, 2015, 10:14:26 PM

I don't know what will happen afterward but I just really want to see someone buy that 1000 wall. It has been too close too long.

Why didn't you buy it?

Quote

The walls never hold when price is moving up against them. That's why I bought the one at 430

Ahh. So I take it you went short when the 4 HR moving average went negative?

No this is my first trade of 2015.

Wow. The way you've been talking, I thought you bought in the crash to $403 and sold at ~$458.

Thanks for helping to keep the price high until I can get my old coins out of cold storage. The wallet.dat file is incompatible with the new version so I am having a difficult time accessing them. Any ideas?

here's an idea, don't touch them.

TERA

hero member

Activity: 728

Merit: 500

Quote from: billyjoeallen on December 20, 2015, 11:48:39 PM

Quote from: TERA on December 20, 2015, 11:42:18 PM

You shouldn't print a QR code for your cold storage wallet either.

All I do is generate a random number, write it down, and hash it with a couple mental passwords to make a private key.

Do you really have coins that you haven't touched since 2011?

Yeah, but I check them on blockchain.info every once in a while to make sure they're still there.

Be careful with generating random numbers because some of the RND computer functions have been show to not be truly random. Dice or coins is safer, but it's kind of a pain.

I think if you have to do that, then you're not using Bitcoin to its fullest potential. So what is your plan if they're not there? lol

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

Quote from: TERA on December 20, 2015, 11:42:18 PM

You shouldn't print a QR code for your cold storage wallet either.

All I do is generate a random number, write it down, and hash it with a couple mental passwords to make a private key.

Do you really have coins that you haven't touched since 2011?

Yeah, but I check them on blockchain.info every once in a while to make sure they're still there. I only need the public keys to do that.

Be careful with generating random numbers because some of the RND computer functions have been shown to not be truly random. Dice or coins is safer, but it's kind of a pain.

TERA

hero member

Activity: 728

Merit: 500

You shouldn't print a QR code for your cold storage wallet either.

All I do is generate a random number, write it down, and hash it with a couple mental passwords to make a private key.

Do you really have coins that you haven't touched since 2011?

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

Quote from: TERA on December 20, 2015, 11:33:12 PM

Quote from: billyjoeallen on December 20, 2015, 11:27:47 PM

Quote from: TERA on December 20, 2015, 11:20:17 PM

Quote from: billyjoeallen on December 20, 2015, 10:46:52 PM

Quote from: TERA on December 20, 2015, 10:14:26 PM

I don't know what will happen afterward but I just really want to see someone buy that 1000 wall. It has been too close too long.

Why didn't you buy it?

Quote

The walls never hold when price is moving up against them. That's why I bought the one at 430

Ahh. So I take it you went short when the 4 HR moving average went negative?

No this is my first trade of 2015.

Wow. The way you've been talking, I thought you bought in the crash to $403 and sold at ~$458.

Thanks for helping to keep the price high until I can get my old coins out of cold storage. The wallet.dat file is incompatible with the new version so I am having a difficult time accessing them. Any ideas?

I would have made that trade too if I wasn't busy cracking open my own cold storage. Except instead of a wallet.dat, it was the passwords that I used to hash my paper wallet key. Luckily the 50th permutation that I tried was the charm.

I don't really understand using a hardware wallet for cold storage.

I agree, but QR codes were not in as common usage back in 2011.

TERA

hero member

Activity: 728

Merit: 500

Quote from: billyjoeallen on December 20, 2015, 11:27:47 PM

Quote from: TERA on December 20, 2015, 11:20:17 PM

Quote from: billyjoeallen on December 20, 2015, 10:46:52 PM

Quote from: TERA on December 20, 2015, 10:14:26 PM

I don't know what will happen afterward but I just really want to see someone buy that 1000 wall. It has been too close too long.

Why didn't you buy it?

Quote

The walls never hold when price is moving up against them. That's why I bought the one at 430

Ahh. So I take it you went short when the 4 HR moving average went negative?

No this is my first trade of 2015.

Wow. The way you've been talking, I thought you bought in the crash to $403 and sold at ~$458.

Thanks for helping to keep the price high until I can get my old coins out of cold storage. The wallet.dat file is incompatible with the new version so I am having a difficult time accessing them. Any ideas?

I would have made that trade too if I wasn't busy cracking open my own cold storage. Except instead of a wallet.dat, it was the passwords that I used to hash my paper wallet key. Luckily the 50th permutation that I tried was the charm.

I don't really understand using a hardware wallet for cold storage.

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

Quote from: TERA on December 20, 2015, 11:20:17 PM

Quote from: billyjoeallen on December 20, 2015, 10:46:52 PM

Quote from: TERA on December 20, 2015, 10:14:26 PM

I don't know what will happen afterward but I just really want to see someone buy that 1000 wall. It has been too close too long.

Why didn't you buy it?

Quote

The walls never hold when price is moving up against them. That's why I bought the one at 430

Ahh. So I take it you went short when the 4 HR moving average went negative?

No this is my first trade of 2015.

Wow. The way you've been talking, I thought you bought in the crash to $403 and sold at ~$458.

Thanks for helping to keep the price high until I can get my old coins out of cold storage. The wallet.dat file is incompatible with the new version so I am having a difficult time accessing them. Any ideas?

TERA

hero member

Activity: 728

Merit: 500

Quote from: billyjoeallen on December 20, 2015, 10:46:52 PM

Quote from: TERA on December 20, 2015, 10:14:26 PM

I don't know what will happen afterward but I just really want to see someone buy that 1000 wall. It has been too close too long.

Why didn't you buy it?

Quote

The walls never hold when price is moving up against them. That's why I bought the one at 430

Ahh. So I take it you went short when the 4 HR moving average went negative?

No this is my first trade of 2015.

JimboToronto

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Activity: 4200

Merit: 4887

You're never too old to think young.

Quote from: edgar on December 20, 2015, 11:13:34 PM

dead cat moon rocket

'im the captain now'

#ccmf4lief

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

Watching the change in margin longs and shorts on BFX is the best contraindicator. over 11k in shorts now, so we're likely moving up. Margin longs actually went down. It seems that leveraged people usually are on the wrong side of the trade.

(shhhh. don't tell everybody. If everybody knows that, it won't work anymore).

edgar

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Merit: 1001