Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3451. (Read 26712953 times)

legendary
Activity: 2050
Merit: 1184
Never selling
Well prices are down, not surprising when following a Friday with such a large traditional market dump. But seriously, if you have an income just keep buying, you'll now get more BTC for your buck. Just keep it simple and DCA.

Prices will go up again, it is mathematically certain. Look at the ECB announcement last week, they said they were going to start raising rates, end QE, etc. but, very quickly after that, when the PIIGS credit spreads were blowing out, a second announcement needed to me made to clarify that the PIIGS will be taken care of. How will they be taken care of? QE of course, more bond buying.

So in other words QE can't be stopped, and soon enough every other nations will get to that point too. It's only a matter of time. the PIIGS and Japan are already there and they will not be alone for long.

Buy BTC, this could be your last chance to get it at a decent price.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
member
Activity: 70
Merit: 320
Take profit in BTC. Account PnL in BTC. BTC=money.
... you better sell the best performing asset of the last 10 years at a 60% discount now and buy some safe haven USD so that you can lose 10% of your savings each year...

...hurry up... not much Dollars left... one time offer !!


LOL.  The only way that we will risk running out of Dollars is if we burn them as fuel to generate electricity for Bitcoin miners.

Money printer, go brrr!  Restart QE Infinity!  Up the diff!  Bitcoin wants more energy!

(Folks shouldn’t laugh too much.  I recall having seen those historical photos of housewives in Weimar Republic Germany stuffing bundles of Marks into their stoves for cooking and wintertime home heating.  They could not afford coal, but they had bundles of Marks.  That’s in the middle of Europe, not what people stereotypically think of as a “third-world country” or whatnot.)
legendary
Activity: 1652
Merit: 1265
C’mon, Bitcoin, please get back up.

Man, i don't want it to happen right away. My SL order was just filled, im lossing, damn.
Let it go first to the next support area, im waiting there. Tongue

Lol been there. Just buy and HODL my friend. Accept any minor loss you suffered on that SL. Don't wait...
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 938
Merit: 1891
bitcoin retard
... you better sell the best performing asset of the last 10 years at a 60% discount now and buy some safe haven USD so that you can lose 10% of your savings each year...

...hurry up... not much Dollars left... one time offer !!
member
Activity: 70
Merit: 320
Take profit in BTC. Account PnL in BTC. BTC=money.
Let it go first to the next support area, im waiting there. Tongue

What do you suppose is the next support area?  (Asking for a friend.)



P.S. to,


FYI, I have been wanting ZK proofs in Bitcoin since I first heard of Zerocash in 2013–2014 (don’t remember exactly when).  I have patiently waited as the technology developed from research idea, to v1.0 implementation, to battle-tested maturity.  My dream for about the past nine years has been to see this in Bitcoin.  So much for “shitcoin shilling”.

No doubt, I am not alone in the desire to see Bitcoin get the very best privacy technologies.  @Snowden?
hero member
Activity: 2254
Merit: 680
Signature designer - start @$10 - PM me!
C’mon, Bitcoin, please get back up.

Man, i don't want it to happen right away. My SL order was just filled, im lossing, damn.
Let it go first to the next support area, im waiting there. Tongue
member
Activity: 70
Merit: 320
Take profit in BTC. Account PnL in BTC. BTC=money.
* death_wish covers Buddy’s eyes.  (Don’t you dare look while Bitcoin is so sad.)


^^^ Years of frustration and expense are talking here.  Using Bitcoin privately is costly and inconvenient.  It shouldn’t be.  Privacy should be the default, the easiest way to use it.

[...]

KYC is part of the program if you want btc.

No, it’s not.

Proof by counterexample:  I have been doing Bitcoin for (undisclosed) years, and I have never done KYC for anything even remotely related to BTC.

KYC is an attack on BTC.


Snowden is a Zcrap insider.

The “trusted setup” is gone in Halo2—a

Leave the shitcoin shilling to another thread.

As I said in the portion you snipped, I’m talking about bringing zero knowledge proof privacy to Bitcoin.  One way or another.  It should have been done long ago.  Nice that an altcoin developed it, field-tested it, and released open-source libraries that can be used without the altcoin.

Now that the trusted setup is gone, I’d think you’d be the last person who would object.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
member
Activity: 70
Merit: 320
Take profit in BTC. Account PnL in BTC. BTC=money.
Yep, why the market is so bad all of a sudden?
Apart from some TA jerks (cough-Tom Crown-cough) with their ever decreasing price targets, I fail to see why all this 'panic'?
A rhetorical question.

Sunday dip usually starts later in the day.

What I am hoping not to see is the weird behaviour from early May.  Too soon to call it that, but...  C’mon, Bitcoin, please get back up.

* death_wish answers rhetorical questions when he’s worried about BTC.
member
Activity: 112
Merit: 83
You can keep the btc private, You can mine to a virgin btc address via nicehash.

That is a proposal for obtaining BTC privately, not for keeping it private—much less using it privately.  It is only one way of obtaining BTC privately (experience talking here—not discussing publicly, for the obvious reason that it defeats the purpose of obtaining BTC privately).  And it is not even as private as you believe.

Do you know if Nicehash’s website has embedded trackers?  (Most websites do, nowadays.)  Does it use browser fingerprinting?  (Most websites do, nowadays.)  What information does Nicehash require on signup?  What network connection do you use to connect to them?  Have you audited their mining app (is it open source?) to see if it gathers any information about your system (so-called “telemetry”—very common nowadays)?  What network connection do you use for the mining app?  This list of questions could be continued...

I’d guess that P2Pool behind Tor is a better option.  Except that IIUC, latency is a miner’s enemy.  Tor has high latency.  Whoops.  It is probably doable, but I am not the one to ask.

How did you buy your mining hardware?  Anonymously?  Good luck with that.

But anyway, this is irrelevant:  You are trying to solve a less-difficult problem, obtaining BTC, while ignoring what happens after that.

And as long as you do not cash it in it is private.

What is “cashing it”?  Bitcoin is money:  Let’s talk first about using it.

You have an anonymous coin that you obtained “somehow” (via mining, or otherwise).  You go to Bob’s Widgets Dot Dom to buy some tech gadgets.  Bitcoin Bob is happy to accept your coin.  You pay—in a tx that sends you back a change coin.

Congratulations:  Your anonymous coin is now essentially doxed.  Chainalysis now sees the coin that went to Bob’s known wallet cluster—and their heuristics easily discerned which coin is your change.  Bob has your name and address, for shipping the widget—and unbeknownst to him, his third-party website analytics embed leaked a bunch of info about you to what are essentially commercial surveillance companies.

Now, you go to spend some of the change.  Alice is raising donations for a political protest.  Whatever controversial opinion you secretly have, Alice is 100% for it; and you want to support her efforts.  Some of the coin you received as change from your transaction with Bob—the coin which is no longer anonymous, you now send to Alice.  Whoops!

And then, you use the change you received from your tx with Alice to pay for a Copper Membership on the Bitcoin Forum.  Oh, did you want to speak here anonymously?

THIS SHOULD NOT HAPPEN.  This problem should not exist.  It does not need to exist.  And yet—it does exist.



^^^ Years of frustration and expense are talking here.  Using Bitcoin privately is costly and inconvenient.  It shouldn’t be.  Privacy should be the default, the easiest way to use it.

Okay So I buy this pc

https://www.bestbuy.com/site/hp-omen-30l-gaming-desktop-amd-ryzen-7-5800x-16gb-memory-nvidia-geforce-rtx-3060-ti-1tb-ssd-shadow-black/6477881.p?skuId=6477881

So I buy this and I mine at nicehash a shitcoin like eth and I get paid btc to a virgin address.

½ the privacy issue is solved.

No one can prove a pc is mining a shit coin like eth and converting it to btc on a site like nicehash.

Now I will not explain how to turn a virgin wallet into cash that is not traceable  as btc was not designed to cash out that way. Or. buy goods or services.

KYC is part of the program if you want btc.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
Snowden is a Zcrap insider.

The “trusted setup” is gone in Halo2—a

Leave the shitcoin shilling to another thread.
legendary
Activity: 3990
Merit: 4597
Yep, why the market is so bad all of a sudden?
Apart from some TA jerks (cough-Tom Crown-cough) with their ever decreasing price targets, I fail to see why all this 'panic'?
A rhetorical question.
member
Activity: 84
Merit: 22
South African student purchasing goods with bitcoin 🇿🇦
Quick, easy, and instant. The future is bright!

Source: https://twitter.com/BitcoinMagazine/status/1535803485366755330
member
Activity: 70
Merit: 320
Take profit in BTC. Account PnL in BTC. BTC=money.
WTF.

Bitcoin, you have 15 minutes to get back up.  You don’t want ChartBuddy to see you sad like that.  He’s a jerk, and it’s embarrassing.
member
Activity: 131
Merit: 11
Bounty campaign manager....
Global currencies against the U.S. dollar over the last 10 years:


https://twitter.com/BitcoinMagazine/status/1535728910285127684
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
member
Activity: 70
Merit: 320
Take profit in BTC. Account PnL in BTC. BTC=money.
You can keep the btc private, You can mine to a virgin btc address via nicehash.

That is a proposal for obtaining BTC privately, not for keeping it private—much less using it privately.  It is only one way of obtaining BTC privately (experience talking here—not discussing publicly, for the obvious reason that it defeats the purpose of obtaining BTC privately).  And it is not even as private as you believe.

Do you know if Nicehash’s website has embedded trackers?  (Most websites do, nowadays.)  Does it use browser fingerprinting?  (Most websites do, nowadays.)  What information does Nicehash require on signup?  What network connection do you use to connect to them?  Have you audited their mining app (is it open source?) to see if it gathers any information about your system (so-called “telemetry”—very common nowadays)?  What network connection do you use for the mining app?  This list of questions could be continued...

I’d guess that P2Pool behind Tor is a better option.  Except that IIUC, latency is a miner’s enemy.  Tor has high latency.  Whoops.  It is probably doable, but I am not the one to ask.

How did you buy your mining hardware?  Anonymously?  Good luck with that.

But anyway, this is irrelevant:  You are trying to solve a less-difficult problem, obtaining BTC, while ignoring what happens after that.

And as long as you do not cash it in it is private.

What is “cashing it”?  Bitcoin is money:  Let’s talk first about using it.

You have an anonymous coin that you obtained “somehow” (via mining, or otherwise).  You go to Bob’s Widgets Dot Dom to buy some tech gadgets.  Bitcoin Bob is happy to accept your coin.  You pay—in a tx that sends you back a change coin.

Congratulations:  Your anonymous coin is now essentially doxed.  Chainalysis now sees the coin that went to Bob’s known wallet cluster—and their heuristics easily discerned which coin is your change.  Bob has your name and address, for shipping the widget—and unbeknownst to him, his third-party website analytics embed leaked a bunch of info about you to what are essentially commercial surveillance companies.

Now, you go to spend some of the change.  Alice is raising donations for a political protest.  Whatever controversial opinion you secretly have, Alice is 100% for it; and you want to support her efforts.  Some of the coin you received as change from your transaction with Bob—the coin which is no longer anonymous, you now send to Alice.  Whoops!

And then, you use the change you received from your tx with Alice to pay for a Copper Membership on the Bitcoin Forum.  Oh, did you want to speak here anonymously?

THIS SHOULD NOT HAPPEN.  This problem should not exist.  It does not need to exist.  And yet—it does exist.



^^^ Years of frustration and expense are talking here.  Using Bitcoin privately is costly and inconvenient.  It shouldn’t be.  Privacy should be the default, the easiest way to use it.
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