Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 656. (Read 26468624 times)

Explanation
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Everything is completely on the up-and-up there then, for sure.   Remind me why we have a distributed peer-to-peer currency again?

I remember there was a time (maybe early '10s) when you could crack Wi-Fi passwords fairly easily, esp. those of the WEP variety. I did it a few times, mainly to speed up downloading time (run a couple of VMs, each with a Wi-Fi stick connected to a neighbor's cracked Wi-Fi). 3 connections simultaneously downloading stuff. Used Kali Linux to do the cracking. Fun times. Now it's not so easy, probably much harder than I can hope I'm capable of. For my own router, I use a self-chosen, strong password and have all my Wi-Fi devices on the router's MAC-address white list, although I have a feeling all these can easily be defeated by a determined attacker, considering the usually poor f/w programming in those provider-supplied routers.

You coming off as somewhat crazy... Binance is currently coopted by the US Govt, under strict surveillance.

yeah, sure shenanigans might still happen, but surely not based on the seemingly ill-informed framework that you seem to be coming at the issue.

Think about the matter. Binance was largely a renegade exchange that they US Govt (and probably some BIG players) were afraid that they could not control or manipulate, and now they have way more tools to accomplish such control and/or manipulation. .perhaps not total control, but a lot of it.

That is not even fucking close to what FTX was doing...so it is ongoingly silly to make such comparisons without at least attempting to put matters in to a more factually based framework...  or even using some attempts at logic too.. .


think about another matter that revolves around Tether FUD that ended up largely not being true, so yeah the dynamics are changing where tether seems to be playing along to get along a lot more and acting less like a renegade.. .. so it is good to attempt to update our talking points with some of the dynamics, and surely I don't claim to know all of the dynamics, but I know that there are a lot of attempts to corral some of these various bitcoin related entities (and yeah crypto too).. while at the same time, they (the powers that be, USA Govt, rich people/institutions / other governments) are ONLY able to so much in terms of trying to coordinate their various corralling efforts, especially since not everyone is cooperating.


Well that part is true.. there is desperation to pump various kinds of bullshit, distract and perpetuate disinformation and/or misinformation.. so yeah, I have to agree with you on those angles.... but your framing of Binance as the bad guys is likely ONLY a recent development that still has to do with the US Govt to do the bidding of Blackrock et al to try to keep Binance as controlled as they are able to accomplish under current circumstances.


"Free" will.  

And by using dee fingers.

And, thank you to the forum and theymos for allowing such open dialogue..

If you had not noticed, we (royal and otherwise) can say "almost" anything that we like in these here parts.. ."almost"


ooooo.. nice Iphone that you got there.

You must have "relations" with Tim Cook to be able to get your hands on one of those bad boys.


I get a bit muddled in my use of the 200WMA, but I still think it serves as good bottom indicator so you might modify the levels of your sales (if any) to cause them to be smaller if the BTC price is anywhere close to 25% from the 200-WMA or lower than that.. and you can feel more comfortable if you are making BTC sales when the BTC price is way higher than the 200-WMA... like right now, we are right around 118% higher than the 200-WMA.. and sure there have been times in 2017 that we were 1,400% higher than the 200-WMA and times in 2021 only ranged between 200% and 500% above the 200-WMA (the earlier 2021 price rise achieved a higher percentage above the 200-WMA).

I think that my attempt at outlining a raking system works much better than the sustainable withdraw based on the 200-WMA (with fillippone's Google Spreadsheet to help with any guy wanting to manually input his own numbers into the raking system) because it is purely based on figuring out BTC price rises as trigger points for sales.. and sure you can account for how for you are from the 200-WMA, but the more important thing is just thinking about your comfort level in shedding off some cornz so you can get to the levels that you would like to have for fiat in reserves.  Of course, we know that bear markets could end up seeming like they last 2-3 years, and you never know if they could get longer in the future, but it seems that we are more likely to have up, up and more up before entering into any bear market - even though there  are likely going to be several fakeout "crashes" along the way... so yeah, sometimes it can be nice to have some fiat in reserves because we never really know when the actual crash (meaning the longer one that had been typical of prior cycles) is going to come for real (I am presuming that it will, just a matter of exhausting the exuberance first with some meaningful blow off tops and perhaps some rug pulling or other shenanigans that justify a decently long period of crashening).


I'm sure that your friend will find your message to have had been very helpful... It is almost like saying:  "I told you so," but in a more subliminal way.

I saw this Sony Vaio 10" netbook with debian on it on a IT security conference in Maastricht in 2002 and instantly fell in love with it. The eeePC was just a continuation of my love for tiny notebooks, and it had 3G, otherwise i would have chosen the VAIO (can't remember the model name, maybe it was X10?)


Indeed. I remember reading about SSD technology in a tech magazine. The main advantage (besides speed) that i saw was replacing temperatur sensitive disk drives. High spinning drives got hot and were noisy, but in Laptops you could not bring them inside from the cold in winter without letting the HDD warm up for at least 30 minutes or you risked to kill them because of condensation problems. When i was working for a support team, i got many of them for repair because the users kept them in the car's trunk overnight, bringing them into the office next day and litterally booting them to death.
This problem was gone with SSD technology.


Story of a true storage gourmet  


Struck by Karma. We did the wardriving to find entry nodes for carrying out mass-website-defacing, which is also not quite nice, but way nicer than downloading ch1ld-pr0n.
It was about competition, not about doing harm to website owners (mostly companies). There was a site on the internet, where every defaced index page was mirrored after you reported it, as well as toplists of the most successful groups, where we held first place for some time, until one of our members in Brazil got busted after hacking (the wrong) FTP servers. It then fell all apart quickly and the rest of us got real jobs.

EDIT: Haiku!

Bitcoin lingering
slightly below all-time-high
When will we push through?

Got a message from one of my friend who is in USA (also a non Bitcoiner) that Bitcoin is at 70k.

My simple reply, Bitcoin is the king.

Explanation
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Sideways sideways sideways...

Well at least the 200WMA goes up.

I'm thinking about what you said JJG but I think the 200WMA is too conservative for me at this point. I'd rather have something like 2 years of fiat for my living expenses, and try to time sells at "good prices", sell something like 6 months living expenses, rinse and repeat. And not go below 1 year of fiat in reserve.

But I'm not decided on when to start.

You know "their" from "there",
And you know "lose" from "loose" too.
Watch that bear, will you?

Ledgers made in France,
Trezors in Czech Republic.
Eurotrash wallets!

Green candles pumpin',
Nocoiners waiting to buy,
Bears trying to fly...

Sci-fi choo-choo trains,
Yellow dancing bananas,
Wooden corn earrings.

We knew it would come.
Few expected it so soon.
ATH is here!

Cats elongating...
Mouse scroll-wheels red-hot spinning...
iPhone screens bulging...

Bye bears, hello bulls.
proudhon has shown us the way.
6 digits this year!

#7wodigestsundayhaikus

Buy a diamond ring
Everybody tells me so
Can't buy me love, no






#haiku
#plagiarism_vs_inspiration_debate

Explanation
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You are back to pumping Tbills and Ibonds?  Ibonds lock up your liquidity for a period of time, especially if you want to earn the interest that they proclaim that you are going to get at some point.  So, maybe UnDerDoG81 might be worried about such liquidity.  I am not sure how easy it is to get in and out of Tbills or how the interest works with that.

Of course, in most cases, USDT does not pay interest or yield, but as I suggested earlier AquaWallet seems to at least allow for the holding of USDT without exchange risk... and maybe guys have other options for holding USDT.   

I don't give that many shits about USDT in terms of pumping it, but just talking about it as a dollar pegged (stable coin), it is not just backed up by T-bills, and it seems to be over-collateralized, so it holds other assets besides T-bills.. (including bitcoin, dollars in banks and probably some other assets that you can look up with their attempts to try to be a bit somewhat disclosing with aspects of their collateralization efforts)..


A lot of that sounds gruelling, yet somehow we have to figure out ways to live with any negative things that might have had already happened to us without letting them break us into some kind of self-destructive mode - if possible.. and surely some people do end up falling into self-destructive mode.. so if you can see some ways forward that likely are not going to put you back where you were earlier, then at least there could be some way to salvage something out of the carnage, even if it might only be knowledge and further building of character.. if that can even be possible with elders.. since so many of us can become more and more disgruntled as we get older since there are a lot of challenges that come through the aging process, and some folks have more challenges than others in terms of health and/or various misfortunes.

Another thing is identifying bitcoin as a place to store some value and then staying with that conviction, and hopefully you at least have another 4 years or more in front of you, even though we never know, which can be one of the challenges if we put too much value into something like bitcoin if we are wanting to have some liquidity, too... so if we overinvest into bitcoin, we could end up needing some of that capital (liquidity) at a time that is not of our choosing.. especially if we are elderly.. including maybe not sure if we have more than 4 years as our new investment timeline... which from my perspective, if we do not know if we have 4 years as our investment timeline, then that would mean underinvesting rather than overinvesting as someone in their youth might more easily be able to justify doing.


There is the push-up challenge too, even if you are not able to do full push-ups or get up to 100 per day.  They seem to have helped me quite a bit, even though I have been sore for the last 35 days since I started.. but still getting stronger and no major injuries from it, so far.

I personally am thinking that resistance training is better than cardio for the elderly, even though there could be justification for both, there is a problem of loosing muscle mass, and so ever since I started this push-up challenge, I have realized that I had been doing too much cardio and probably not sufficiently preserving my muscle through resistance training (to be fair, I did increase my resistance training about 6 months prior to the push-up challenge, but the push ups were a great addition, since it is so easy to do them almost anywhere at any time, even though sure there could be some places where it might be a little embarrassing to see an elderly doing 10 pushups in the parking lot)


We know that money does not buy all the good things in life, but surely we likely realize that if we have any kind of fixed income, it is not keeping up with the increases in prices and/or the various debasements of fiat, so surely that remains part of the justification for keeping some value in bitcoin and being able to defer spending it while it is building up to a certain appreciable size.. or whatever you can, if your timeline might not be long enough to really build it in any grand way.


Seems that no one can really buy the solid relationship kinds of things.

Ok maybe using a phrase like "certainly not" takes things a bit too far. No need risking to be wrong because of using absolute terms. But as you said, they are an intermediary that follows the money and I am sure chances are very high that the "customer base" will most likely only grow from here. I don't like to call people who own BTC customers, but here it does apply as they get served by an intermediary.

I am basing my assumptions on observations in my closer environment. When I see 12 years old kids talking about BTC and cryptocurrencies, what are the chances that they prefer another asset class like gold or art over digital goods? The only risk I see is that all kinds of worthless digital goods could dilute some of the potential for BTC specifcially. But BTC clearly is the real deal and every time someone burns their fingers with some worthless meme coin or NFT, I believe that most of them will learn the lesson and decide to hold a significant portion of BTC in their portfolio even at quite a young age.

We will still see cycles I think and I am realistic about the downside and upside potential in the short term. Could BTC's price be cut in half? It could, it has done that in the past and it might do it again in the future. But unless something really bad happens, like some algorithmic issues or a new technology that makes BTC obsolete (which I have no idea about what that could be looking like in the near future), I am very optimistic for BTC.

Philipma is next level, I bet he is already DIYing his own solar cells and miners at this point   .

Explanation
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I am a native new yorker. I have filled my gas tank many times.

My mine has closed down. I have over 140watts of idle gear as I type.

I mine a few miners at my home.

A modded s19xp and a L7

plus a few gpus. About 4500 watts an hour.

At least you were aware back then about what a performance bottleneck storage was. It seemed as if CPU speed was the only thing a lot of people cared about. I remember a friend being annoyed that my old Socket7 AMD K6-2 system was visibly faster than his brand spanking new Pentium3 system. I pointed out that I had 4 times as much RAM and a faster HDD.

I was always fascinated by the idea of booting from solid-state storage but flash memory capacities were too small then. In 2005 Gigabyte brought out iRAM which put 4 DIMMs on a PCI card to allow fast booting but it was vulnerable to power outages. I backed off until decently sized SLC non-volatile SSDs became available a year or two later. My big breakthrough came when I replaced my RAID-0 array of 4 10000RPM WD Raptors with 4 OCZ Vertex SSDs in RAID-0. I was disappointed to find it was bottlenecked by my motherboard's southbridge. I had to get a PCIe RAID card to get full performance. From there I graduated to my first OCZ Revodrive.

Those were the days.

You mention wardriving. Many people didn't bother to protect their wifi back then so wardriving was a thing. I remember warning people about protecting their wifi after an incident in Toronto's west end. The cops stopped a car at 5:00am driving the wrong way on a residential street. They found the driver with his pants at his ankles masturbating as he downloaded kiddie porn onto his laptop using other people's wifi networks. Good thing the cops got the guy. Imagine some sucker sleeping innocently at home not knowing he was getting put on the kiddie porn list.

#Bitcoin bull run is here 🔥


Source.

both 

Explanation
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