Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5621. (Read 26606949 times)

I have Bill Gates saying 640k is enough for anyone queued up 

I keep receiving dust amounts of BTC in my cold wallet. They're for 0.00000547 BTC each, and come every other month or so. I remember reading here that they are used by some entities (who are they?) to 'mark' our wallets and track the movement of our coins.

I read that these small amounts can be marked as "do not spend", so they are not moved together with our own coins. I believe Electrum can do it. But what about Trezor? Is there a way to do this in Trezor?

Any comments, info, pointers, are appreciated. Is this something serious enough to be concerned about?

Well exactly the way you said it... “depends on when you went in”, and with this logic I can argue even today in 2021 Bitcoin isn’t the best performing. Right?

That’s why when we say BTC > ETH (or any other shitcoin) we are only talking about the long term. Yes we can earn short term profit and make it a way to acquire more bitcoins but at end Bitcoin is the only store of value.

I'm against smoking in general, but the way you describe vaping makes me want to try it. I see colleagues and friends with these vaping machines that look so high-tech, like some kind of weapon that came out of an alien ship or something. OLED displays, coil resistances, wattage, energy reserves. 

I quit smoking cold turkey. Just one day, decided paying for a pack or even a stick is not worth it. Or even bumming from a friend. I would politely decline and say the words "I'm sorry, I quit, please don't offer me any." and they would understand.

I did do a little erbs too, as I understood that was natural, even grew some in the backyard, a couple of plants. Got a bunch of books and magazines on how to do it "properly" .. It ended up dying after a storm, so I had to of course, burn it ...

It kinda depends on when you went in. Had you joined the ETH ICO, they were giving 2000 ETH for every 1 BTC you put in. If you had held all this time since then that 1 BTC which turned into 2000 ETH is worth about $5m today.

As for all the other ICOs and DeFi tokens, maybe that's riskier, but for a lot of them back in 2017-ish, you could join the ICO and get out within a week after the ICO and you'd have at least doubled or tripled, but again, it's risky. Today, apparently some die within hours or days of launching. Some have some sort of staying power but the price still goes down.

I keep vaping, but only pure 'erbs. Preferably biologically grown. No extracts, oils or anything like that.
Fine ground marijuana at 195°-200°. Mostly harmless 

Since we embraced bitcoin we became rich by definition

Maybe not poor but I'm surprised that we are slowly drifting down. After breaking through heavy resistance like we did I thought we would of pushed higher to a 15-20% move. Can still happen of course, but I wonder if the shitcoins are stripping too many BTC buyers away right now. Good for the institutions though, on chain is still showing that the larger players are hoovering the coins up.

are we poor again? i cant remember the cutoff points anymore

Sister in law died from lung cancer presumably due to smoking.

I'd urge anyone to stop smoking. Don't even vape. Don't even use shisha as nice as it is.

Furthermore it looks like Covid isn't going away any time soon.

Personally I think not smoking and somewhat controlling weight will help me more than a vaccine at my age.

vaping can both make it easier and harder to quit cigs. easier because, unlike a cig, it wont stay lit till its done (cigs add chemicals to keep it burning, contrast that with a cigar with no chemicals.. it goes out when you leave it). so, light a cig and you pretty much are forced to smoke the whole thing as its gonna burn down to the filter anyway. plus it coats everything with that nice orange gunk.. (smokers just look at your computer innards and fans.. eeeew man mine were soooo disgusting).

vaping. press the button, inhale or once or twice, put it back in your pocket nice and neat, done. and those subzero mods can put out clouds of vapour of sizes that you have to see to believe. and no ash, no ashtrays that stink, no orange coating in the rooms etc. of course theres maintenance - cleaning, replacing seals, coils etc. but thats was actually an attraction to me.. kinda calming doing coils maintenance and whatnot.
so vapes prolly safer than cigs as there are waaaay less chemicals but still harmful to the lungs.

so i switched to vaping years ago but still like that throat hit a good vape gives. and while theres zero nicotine juice, that throat hit isnt there.. the nicotine seems to be that thing that causes the hit, not the vapour. so still hooked on vaping nicotine. im a weak ass punk, i admit it.

but man no kidding who wants to become rich just to die early from something like smoking. plenty of others ways to risk an early death that are much more fun.

It will affect the entire planet. Welcome to one of the biggest cons of globalization: if in the 2008 crisis whatever came in the US affected parts of the EU months or years later, today whatever happens in the US directly affects Europe in a matter of hours, days at most.

Groceries are much more expensive here today compared to 2 years ago. It's taking a hit on a lot of us, especially on those who've lost their jobs or were paid only 75% of their wages during full lockdowns. People are not able to save money no more - and even those who do have enough seem to rentlessly spend everything they got.

Housing prices are up here in Romania as well. $0.5-1 taxes have been added per parcel for online orders as a "safety tax", which is only removed if you pay with card. Things are definitely not going well and they'll likely only get worse in a matter of time. I expect at most a few years to go until the real issues come up, and all I'm wishing for is that we don't end up in a Venezuela-like crisis.

The best advice has always been: Do not invest in shitcoins! You could win but then you could lose all. The risk is too big. Besides, you will lose your sleep if when your shitcoin crashes day after day for 2-3 years, hitting 95%+ loss and no guarantees for a recovery. The shitcoin pumps were abundant in late 2017 indeed, but how can this be a sign for a coming bear market now? May be they attract the risky players more, but are they needed for BTC's price discovery? I don't think that the weak hands are good for BTC.

The other and way more important short- andl longterm market indicators are not present for such a U-turn currently. You can follow these market indicators on glassnode website or by just reading their articles. May be the things will change if the exchange reserve increases 33%+ and the 2 day pumps get close to those in Dec 2017. Then we had 66% pump from 11K to 19K-ish in 2 days, which was hardly sustainable and the weak hands got scared and started selling. With 6-7% daily pumps currently we are very far from such a scenario. But even if that happens again, it is a matter of 2-3 years max to recover and surpass the previous ATH. During that time - DCA only! It will be good enough for the next bull run, no need to be greedy and use shitcoins.

Dutch news this morning. House prices going up by 15%.
Official inflation figure is 1.3%

Most young people will be locked out of housing market.

Unsustainable.

Health news UK:
4.7 million waiting on NHS operations.
People waiting more than a year for simple surgery.

The only way forward would be to privatise healthcare.
I've already gone private obviously.


One of the first personal encounters of Brexit:
I sent a small package to a friend last week in The Netherlands.
I had to pay Tax/VAT twice as a direct result. The cost of extra vat was about 40% of what was in the package and 120% of the actual postage cost.
Friend works in industry dealing with pallets / imports & exports and is saying it is unsustainable this way for many businesses between UK and EU.


I expect a massive market crash in the next 18 months. Maybe it will only effect certain countries. I don't know. We seem to be heading into bizarre times.

Covid is still keeping businesses closed. Look at cases in France, Germany, Poland.

Again, unsustainable.

Surely airlines cannot survive.

But it is ok. The guy who runs KLM still got his bonus even though there was hardly a plane in the sky.

Madness.

Very nicely put. The disc defragmenter is a perfect analogy. The doctor quoted in the article I linked to above uses the words "reordering" "recalibrated" and "reset" which are also spot-on descriptors which I've heard used by other enlightened psilocybin users too. I love the stoned ape theory as well.

Whenever I feel depressed or stuck with life I do mushrooms. A normal dose, not microdosing.

It works like a disc defragmenter (everyone used it in the past for sure) for the brain. Rearranges all the blocks and removes all the bad ones. If I felt that nothing works out anymore before the trip, then after the trip I always see that there's nothing wrong and I was just overthinking. Solutions to any kind of problems come very easily and life is good again

Exactly what Jimbo says. Also, pick a meaningful date on which to stop - a birthday, January 1st, birth of a child etc. Then you can say to yourself "I haven't had a cigarette since [insert memorable event]". You won't want to break your ability to make that statement again, which will give you an added incentive and motivation not to go and buy another pack.

Seems like I'm living the dream

But yeah, life is not bad at all.

Right? Like, everything's fun and cool but it's kinda scary that we've re-entered a 2017-like phase of the markets where literally every shitcoin pumps. Wouldn't necessarily mind an even deeper correction but I'm more afraid of a crypto winter instead. Feels like there was so much hype ever since 2020 and I'm not sure how healthy this long of a hype is.

Damn, I'm so mixed up with my thoughts. I see Bitcoin pumping the hell up but I also see it dumping hard. And these alts are so damn tempting to get into right now just to multiply my BTC, but I know it's a somewhat repeat of 2017 and a lot of hands are gonna be baited and screwed hard by alts.. on the other hand, I've seen the markets for so many years and made enough mistakes to approximate when it's time to purchase alts and when it's time to dump them all, and it seems like we're right in between the two so I stretch out every millimeter of my brain thinking whether I should react in any way to the markets or just see my portfolio value act up like a tsunami instead again, lol. Had ~20 BTC only from 1 alt back in 2017 but greed took over. I've basically seen that turn from 1 to 20 BTC and then back to less than 1. Alts are great if you wanna multiply your coins quickly during these kind of times, but otherwise they're just traps waiting for the next victims