Marty's Ƀent - Issue #482

"TxTenna application allows users to relay Bitcoin transactions over a mesh network in places where there is no Internet... and soon to send and receive data to and from the Blockstream satellite."

This reminds me of going "online" via PC Pursuit, before there was an "internet" or any ISP available, via a 300 baud telephone modem.

Does anybody here use TxTenna? Is there any network out there to mesh with?

I guess we've only just begun ... still.

"This is a live project for us at Shift Cryptosecurity and it is evolving rapidly. We want to build it in the open, and invite the Bitcoin community, the many Makers in particular, to collaborate, provide feedback ideas and code."

Deutsche Bank AG
+0.34 (3.99%)

That can't be good, can it?

Marty shines a bright light on the recent BTC price spike:

"The sleeping beast was suddenly awoken by a face ripping price increase that came out of nowhere and gored the side of the unsuspecting $BTC bears. "

Marty's Ƀent - April 5th, 2019 - Issue #456

Monetary Entropy - 12 word Crypto-seeds - @kenn3d

winter
fallen
sideways
dull
patient
twiddle
drowsy
dreaming
hope
planned
future
gratify

Marty's Bent Issue #449:

"Bitmain is going to go down in the annals of Bitcoin history as a company with an immeasurable amount of potential to dominate that destroyed itself with ego and hubris. Bitcoin is a cruel, unforgiving bitch, and if you think throwing a bunch of money and hash power at her will force her to change, she and the market will swat you down like a fly. "

Honeybadger bites off the cobra's head. Yet again.

Monetary Entropy - 12 word Crypto-seeds - @kenn3d

comedy
self
reflection
difficult
bitter
punish
rage
against
minority
poetic
major
idiot

Monetary Entropy - 12 word Crypto-seeds - @kenn3d

scam
cancer
bullish
obey
consider
seldom
thought
inspire
hacker
forget
mistaken
disaster

coinspice.io/news/bch-lead-dev
TL;DR: “I’m doing what I should have done a long time ago: resigning my BU membership,” prominent Bitcoin Cash (BCH) developer Amaury Séchet

Monetary Entropy
12 word Crypto-seeds - @kenn3d

begin
learn
play
loser
again
chart
rekt
boozer
winner
braggert
foolish
poser

kenn3d boosted

Most of what's wrong in today's world would be corrected by just reorganizing 39 letters, as follows:

Abolish:
CIA NSA FBI ICE ATF IRS FRB IMF

Diminish:
USD EUR GBP YEN

Establish:
BTC

Current mempool <100kb. Low fees. Maybe a good time to consolidate utxos or convert legacy addys to segwit.

Would love to hear some "consumer reports" from actual ColdCard users who've secured significant BTC to cold storage with this device.
Any issues? Has the "shitty" keypad problem been resolved in NEW MK2 VERSION (currently shipping?).
Do you own one? Love it? Use it to hold your life savings. Recommend it to non-techies who would?

Feeling a bit insecure with the recent HW wallet convos on twitter.

TWIMC
Coinbase says: "On Friday, March 22 @ 6:00 pm PDT we will be clearing all open market stop orders from all books. If you have an open market stop order please cancel and re-submit as a stop limit if you would like the order to persist."

I presume this means that existing limit buy orders will not be cleared, but will have the new fees added and amounts (or prices?) adjusted accordingly.

Does anyone here know how they will actually handle this?
(or care?)

@matt_odell says:
If you bought $25 worth of bitcoin every week starting in January 2017 you would currently have ~.93 bitcoin(93M sats) at a cost of ~$2900. Current value: ~$3700. An $800 profit

I say:
That's Dollar Cost Averaging - not bad (+27.6%)
But if you bought the same $2900 worth of bitcoin in $100-$500 increments at the major dips (over the same period), you'd have ~1.34 bitcoin at a current value of ~$5336.
A $2436 profit. (+84%)
That's BTFD&HODL

Both ways, persistence pays.

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