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

[dragonvslinux]

By the way, I am still on the lookout for a reliable dead man switch arrangement. I'm afraid if anything happens to me, my family won't be able to collect. Any tips? Should I open yet another thread "out there"?

The best way I can see this working is by already transmitting the transaction, to a wallet that your family already own, but with a time delay of anywhere between a few months and a decade (depending on your desire for maintenance). I'd like to think this can be done by transmitting into a specific block in the future with nLockTime (discussion here), but I may be wrong. Possibly there are features within the lightning network that can facilitate this as well but again not sure.

This would act as the most reliable insurance for worst case scenarios, and don't already have shared custody set up, but more importantly would guarantee that your family get your Bitcoin, at an eventual date of your chosing - without the need for the switch, which is a single-point-of-failure in itself. What if you don't have access to your switch for example? Pragmatically speaking this is what you want I believe, a permanent solution dependent only on the variable of time, as opposed to your access to a switch.

Hope that helps with the brainstorming.

Thanks for your reply, dragonvslinux.
Unfortunately, your proposed solution doesn't cut it for me.
My family are mostly nocoiners.
Besides, I don't like to set up a transaction to a different address. IMO, the coins shouldn't move if there is no need to cash out.
What I would like to do is send an encrypted email with instructions on redeeming a wallet through its seed - and send it NOW.
The dead man switch I am imagining would just send the key to decrypt the email containing the seed.

Fair enough, just to point out the coins would never move unless you fail to update/overright your nLockTime transaction. This means your family could already have the key to the encrypted email (or ideally a veracrypt file for increased security), but they would't have the coins until the transaction is mined (when you fail to update your transaction).

[Last of the V8s]

An earlier glimpse of mic's hats.

^^


WHICH one gotta wear tomorrow ?

Somewhere I made a post about eating my hat if blahblah happened with a picture of a cake hat. This no doubt precedes Hairy's attempts.
No doubt whatsoever.

Anyway I take it all back none of that matters, it was just so cool of xhomerx10 to design that genesis hat. What were you thinking, comrade?

[akhjob]

@VB1001 Nice history on the WOhats. I'll be glad if I got one of xhomerx10 hats in future.

[STT]

What I would like to do is send an encrypted email with instructions on redeeming a wallet through its seed - and send it NOW.

Doesnt google already allow a scheduled send and you set it up for a year in advance and just keep renewing that date forward every few months, if you should pass on then eventually some time after the email will be sent with the instructions.        
Email isnt especially a secure system though but better then nothing I guess and convenient.   This is quite relevant, didnt we have the head of an exchange die at a young age and nobody has access to main capital for the firm and not sure they had any fix for that failure.

Pugh, Pugh, Barney McGrew, Cuthbert, Dibble, Grubb

Classic rave tune right  

Makes me think we're about to strike upwards

Im a Debbie Downer then, thinking to be looking for some ironic bearish twist where we top out in positions held.   Just like alot of shorts in a price is a time to consider the opposite ?


Can a leather hat be eaten, anyone making an absolute prediction on a price set in FIAT seems to be setting themselves up for failure.   I hope we dont rely on price that much for continuation.

[suchmoon]

Somewhere I made a post about eating my hat if blahblah happened with a picture of a cake hat. This no doubt precedes Hairy's attempts.
No doubt whatsoever.

True story:

if we don't break through 5k later this week, i'll eat my hat

[VB1001]

Looking for the beginning of the hats, written directly, highlighting, the most interesting, just trying to tell this beautiful story:

When reviewing the pages of 2018, the first publication that refers to a hat is a Last of the V8s publication, it seems that it was the trigger of the WO hats at the HairyMaclairy appointment.

Last of the V8s 15 October 2018, 08:14:02:, Question: Have you ever eaten a hat? and Hairy October 15, 2018, 08:14:50 replie: Well that depends.  What sort of hat?
V8 cannot keep his mouth shut and responds October 15, 2018, 08:17:01: your own. full of doomy predictions and other rubbish

From my recollection, this early hat history conversation goes back before October 15, 2018 - because I believe that the main reason that V8 was razzing Hairy so much about hat eating was because months earlier Hairy had said that he would eat his hat if there was certain BTC price movement.  I can't remember exactly the bold prediction, so I went back and looked at Hairy's posts for many months before October 15, but I could not find such post.. so I cannot exactly refresh my memory with an actual post.

I don't know, this morning I arrived until October 10 and I didn't find anything about it and the phrase V8 have you ever eaten a hat?
It refers to the previous publication of hairy for BFX deposits 15 Oct.

https://asktom.cf/index.php?topic=178336.msg46903711#msg46903711

An earlier glimpse of mic's hats.

^^


WHICH one gotta wear tomorrow ?

Somewhere I made a post about eating my hat if blahblah happened with a picture of a cake hat. This no doubt precedes Hairy's attempts.
No doubt whatsoever.

Anyway I take it all back none of that matters, it was just so cool of xhomerx10 to design that genesis hat. What were you thinking, comrade?

Correct, but if we look for the time when the hats are created it is in the next 48 hours from October 15, after his response to Hairy about Bfx.

LOL, have you ever eaten a hat?

Every time I read it I can't stop laughing, great, thanks you for this.

[arklan]

Somewhere I made a post about eating my hat if blahblah happened with a picture of a cake hat. This no doubt precedes Hairy's attempts.
No doubt whatsoever.

True story:

if we don't break through 5k later this week, i'll eat my hat

hey, i remember that!

[VB1001]

@VB1001 Nice history on the WOhats. I'll be glad if I got one of xhomerx10 hats in future.

I'm glad you liked it, as far as I'm concerned, I only collect information, the hats are xhomerx10 designs he decides when and how.

[El duderino_]

Somewhere I made a post about eating my hat if blahblah happened with a picture of a cake hat. This no doubt precedes Hairy's attempts.
No doubt whatsoever.

True story:

if we don't break through 5k later this week, i'll eat my hat

Wouldn't a HAT be better as that cycling fox?? Or some sh*t like that on a HAT perhaps 

What would an image of your preference be? That lilo & stich beast?

[StephenJH]

Gann's theory suggests buying the possible dip before the angels touch the next spectrum which will follow the price after the $11250. The Gann theory is widely used in stock and forex technical analyze, is it same for BTC charts? Any ideas?



P.s: Photo is from Twitter.

[El duderino_]

Whats more likely? 7500$ or 7535$ ??

Please it's important? I'm in BTC for just a few days and wanna know, THX and let me know what you guys think....

[El duderino_]

https://www.youtube.com/watch?v=IDaCrTHClEs

^
I would definitely wanna go out with this group for a drink, what an epic speech .... Have watched this video numerous times the last 3 days, tears in my eyes from laughing, just awesome....
If someone didn't saw before, then your in for a treat

[El duderino_]

Whats more likely? 7500$ or 7535$ ??

Please it's important? I'm in BTC for just a few days and wanna know, THX and let me know what you guys think....

My question is answered, i'm saved, get rich fast is the trick it seems

[fillippone]

By the way, I am still on the lookout for a reliable dead man switch arrangement. I'm afraid if anything happens to me, my family won't be able to collect. Any tips? Should I open yet another thread "out there"?

I read a nice thread on the topic.
A lot of ideas to feed from:

Dead man's switch: better approach proposal

[Last of the V8s]

VB1001 while we're at it, I resisted the hat fad for many long weeks, much to micgoossens' consternation, until finally cap-itulating to conformity
https://asktom.cf/index.php?topic=178336.msg47846923#msg47846923
https://asktom.cf/index.php?topic=178336.msg47861315#msg47861315

[Last of the V8s]

[P_Shep]

Thanks so far for your suggestions and opinions on the secure, inheritable seed storage topic.
It's a hell of effort for me to quote everybody's contribution i'm referring to here, so i round it up in this unilateral post, to avoid to totally mess it up.

I now consider storing one half of every seed in a place where i must have at least personal contact to a human to access the seedwords.
That means safe (yuck) or notary. Maybe both, half seedwords in the safe, passphrase at the notary for post mortem inheritance reasons or something like that.

JJG: I didn't tell the bank's employee anything about crypto, and i would i never do so. I just mentioned folded, single paper sheets and little items. I guess i will keep the ledger(s) at home for everyday use and to follow the two-level anti-thug advice of sacrificing a few % of my crypto (by mindrust, if i'm correct), which was also brilliant.

Somebody was curious about the country, it's Austria (the one without the kangaroos).

The finger is doing nice, at least no signs of infection and i can use it for typing again. This should end well, and i regard that as a warning by the universe, to follow safety standards with cutting tools. Even worse, i have a pair of kevlar gloves lying around. I should have used them. Once i rammed the base of my thumb into a sharp sheet metal edge, which got it cut half off, with a lot more blood, hospital, stitches and temporary nerve damage involved. Doctors did beautyful work, ten years later the scar is very light and thin.

Thanks for the love, practical tips and support so far #nohomo

I'm in read-only mode for the rest of the day or two, need to make a few wood/metal rings (jewellery) soon, which still needs quite some research and experimentation, and also craft another two of those bitcointalk anniversary ebony poker chips, using a different process.

There's better than that... Satoshi labs have BIP (and have implemented there own version) for a key sharing on the trezor:
https://blog.trezor.io/shamir-backup-the-revolution-of-private-keys-backup-is-here-858687ed7fe7

As soon as I saw that, I bought the model-T (already have the one, but is unsupported on that).

Now I have mailed out shares to my most trusted friends and family, signed and sealed with an explanation letter so that if anything happened to me it can all be recovered. Made A LOT of shares and most of them are required for recovery.
Originally I did split the seed words, but that does mean the number words required to be guessed is greatly reduced. I my case they had 2/3rds of the words, so just 1/3rd had to be guessed. With the Shamir there's no worries there.

Just would be nice for others to implement the BIP!

[VB1001]

VB1001 while we're at it, I resisted the hat fad for many long weeks, much to micgoossens' consternation, until finally cap-itulating to conformity

I read it this morning, it took you a while to put on your hat, but I preferred not to publish it, the important thing is the result, we all have a hat, I appreciate your sincerity.
You are a grumpy guy , but you are always telling the truth and this honors you, never change.

[Cryptotourist]

You fucking doxed me!!!

[El duderino_]

VB1001 while we're at it, I resisted the hat fad for many long weeks, much to micgoossens' consternation, until finally cap-itulating to conformity

I read it this morning, it took you a while to put on your hat, but I preferred not to publish it, the important thing is the result, we all have a hat, I appreciate your sincerity.
You are a grumpy guy , but you are always telling the truth and this honors you, never change.

Hé didn’t wanna join the evil HAT-cult if I remember it correctly, I still have the V8 avatars with no HAT protests etc

He was clearly joking or just being V8....