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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 745. (Read 26580349 times)

sr. member
Activity: 719
Merit: 388
I just had an interesting conversation with some 20-something year olds about Bitcoin.  They told me that it is a scam, it's not real money, there's no reason to own it, etc...  I was actually pretty surprised because they looked like just the type of folks who would be embracing crypto.  I then asked them what they thought of the Cybertruck and they told me that it was ugly and the only electric cars worth buying are from Lucid Motors.  They then proceeded to tell me that what I should be doing is finding ways to get the lowest interest loans possible to use that capital for investments and offered to help me finance my house.  I wish I was joking, but this is 100% a true story.  Reminded me of the Ohio State graduation video that's going around.  Is Bitcoin just for boomers now?

From US ?
Look funny and sad at the same time. However, it just shows we are still FAR from global BTC adoption... And it's a good point for the future.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
I just had an interesting conversation with some 20-something year olds about Bitcoin.  They told me that it is a scam, it's not real money, there's no reason to own it, etc...  I was actually pretty surprised because they looked like just the type of folks who would be embracing crypto.  I then asked them what they thought of the Cybertruck and they told me that it was ugly and the only electric cars worth buying are from Lucid Motors.  They then proceeded to tell me that what I should be doing is finding ways to get the lowest interest loans possible to use that capital for investments and offered to help me finance my house.  I wish I was joking, but this is 100% a true story.  Reminded me of the Ohio State graduation video that's going around.  Is Bitcoin just for boomers now?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"

A big ironic how they were looking for the guy for a bit of time before locating him.. presumptively finding him in parts.
legendary
Activity: 2590
Merit: 4839
Addicted to HoDLing!

How stupid must one be to end up like this?

Darwin at work here... One less. (and one less Lambo too...)

Keep stackin' guys 'n' gals!
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
Price not following…
all of the bullishness yet.
Holding my booze cold.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2268
Merit: 16328
Fully fledged Merit Cycler - Golden Feather 22-23
About inflows into ETFs, maybe look at regular markets ? We got good quarterly reports, so maybe people skimmed off profits and put them into BTC. Or sold in May, go away...into BTC.

I seriously doubt about this.
BTC ETF flows have been quite uncorrelated with bitcoin markets, let alone other markets.
I would say that flows were driven by some profit-taking after a substantial, in TradFI terms, retracement from ATH.
Paper hands selling, basically.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 938
Merit: 1891
bitcoin retard
...or build yourself a 2-output transaction, where one is your intended payment destination and the other a change address you already control. Then sign it and broadcast it. Bitcoin DIY for OGs, I guess...

Yep. You can even use the original address as the change address if you want. Several wallets used to do this but it's reckoned as bad practice now.

Bad practice for privacy reasons? As in "do not reuse addresses", or is there something else too?


Quote
Multiple situations have been found where more than one digital signature can be used to calculate the private key needed to spend bitcoins. Even if you spend all the bitcoins claimed by this private key at once, it is still possible to double-spend them in theft before they confirm. While the known situations for finding the private key from signatures have been fixed, it is not prudent to assume there aren't more such situations yet unknown.
https://en.bitcoin.it/wiki/Address_reuse


It will get more risky when quantum computing becomes a thing (in the future)
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2520
Merit: 3038
...or build yourself a 2-output transaction, where one is your intended payment destination and the other a change address you already control. Then sign it and broadcast it. Bitcoin DIY for OGs, I guess...

Yep. You can even use the original address as the change address if you want. Several wallets used to do this but it's reckoned as bad practice now.

Bad practice for privacy reasons? As in "do not reuse addresses", or is there something else too?
hero member
Activity: 2604
Merit: 961
fly or die
About inflows into ETFs, maybe look at regular markets ? We got good quarterly reports, so maybe people skimmed off profits and put them into BTC. Or sold in May, go away...into BTC.
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
...or build yourself a 2-output transaction, where one is your intended payment destination and the other a change address you already control. Then sign it and broadcast it. Bitcoin DIY for OGs, I guess...

Yep. You can even use the original address as the change address if you want. Several wallets used to do this but it's reckoned as bad practice now.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2520
Merit: 3038
WTF, Is it believable for a low amount transaction of this fee.

4 may 2024, someone paid $100,608 fees for their $6 amount Bitcoin transfer.




Hmm. No change address. Weird. I don't think any legit wallet would miss that.


ive sent txs setting the fee to be deducted from the sent amount in core. so, the tx goes out with just destination addy. guess it was deliberate?

This kind of thing used to happen occasionally because someone tried to spend directly from a paper wallet without transferring the whole amount in the wallet.  There is no change address for a paper wallet, so you have to transfer the whole amount in the paper wallet to a 'hot' wallet first if you want to be able to spend some part of it and get your change.

...or build yourself a 2-output transaction, where one is your intended payment destination and the other a change address you already control. Then sign it and broadcast it. Bitcoin DIY for OGs, I guess...
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