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1821  Bitcoin / Bitcoin Discussion / Re: More than 50% of bitcoins from Twitter hack have been sent through mixers on: August 02, 2020, 04:21:37 PM
They could be good at whatever social engineering they used to get those emails and passwords but since Bitcoin is known as the money of the deep web and that currency that terrorists were using it was the obvious choice for these kids. They had no idea how to spend coins anonymously and the greatest proof to that is in the way they exchanged Bitcoins using Coinbase. I'm pretty sure they'll strike a deal and trade those coins for short jail time. If they don't they're dumb.

that $120k (now $150k?) worth of coin? i doubt the prosecutors even care about that, its chump change to the feds (well imo). these guys will be made an example of.
1822  Bitcoin / Bitcoin Discussion / Re: More than 50% of bitcoins from Twitter hack have been sent through mixers on: August 02, 2020, 03:58:25 PM
seems only that some twitter employees are just stupid instead.
Apparently he got access to a Twitter employee Slack channel, which had login details for one of their tech support tools pinned to it. The digital equivalent of writing your username and password on a post-it and sticking it to your monitor.

thanks for the links. good reads.

i cant tell you how many offices ive been to where login/passwords were posted in the plain sight of customers/clients/patients. tell management, later see nothings changed. maybe moved the post it note to the plant next to a monitor instead of the monitor itself. or etc.

even as simple a thing in view such as an internal phone list (usually has names/positions/direct numbers) is a hackers ticket to ride via social engineering.

*sigh*
1823  Bitcoin / Bitcoin Discussion / Re: More than 50% of bitcoins from Twitter hack have been sent through mixers on: August 02, 2020, 01:14:47 PM

Turns out they actually sent coins directly to Coinbase. Not only that, but they sent to Coinbase accounts which were fully verified with copies of their own IDs [...]

wasnt that florida kid 17? i thought coinbase minimum age was 18. or was it just the other 2 that were arrested had coinbase accounts.

gotta read up on it a bit more. peeps saying this 17 yo dude was some hacker genius. seems only that some twitter employees are just stupid instead. but then so was that kid..  didnt he (or maybe it was one of the others) reuse addresses or something? very noob, much fail.

1824  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 02, 2020, 12:55:42 PM
the roller coaster
is back in service again
please enjoy the ride

#haiku
1825  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 01, 2020, 01:09:51 PM
Big volume on GDAX, 

Never heard of it.

Do they trade bitcoin there?

only when the 3 letter agencies let them.
1826  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 01, 2020, 12:56:30 PM
That case could and would allow for a crazy jump in price. I better hodl till 2021 no matter what. Grin
 

There are a lot of scenarios in which there could be a crazy jump in BTC price, so good thing that you are HODLing rather than acting upon your seemingly weak assessment of how wealth redistribution is likely to play out in the coming years.

at bitserve  see how many hold 1000.  if it is smaller by far maybe the crazy number happens.

In the past, there have been various threads on the topic of coin/wealth distribution, and I did a quick perusal through my BTCTalk thread watchlist, and I found the below ones that might be kind of on such topic.  

The below-linked threads have not been updated recently, so there might be some better or more recent ones, too.

1) Distribution of bitcoin wealth by owner

2) I am pretty confident we are the new wealthy elite, gentlemen.

3)  Who are the richest Bitcoin users and how much do they own?

4) Do you think Institutions secretly HODL Bitcoin?
[edited out]
This is so fun I read it 3 times.  I have NO IDEA what you are talking about though.

yeah glad im not the only one.. i read it several times too with glazed eyes. but i wouldnt be so quick to dismiss philip as he called the 2017 blow off top pretty accurately iirc.

but i too wonder why billionaires would worry about new guys entering the club. after all as long as they still have 99% of the people who are still poor to step on i wouldnt think they would really care. old money peeps are snobs anyway, new peeps to the billionaire club are looked on as (relative) peons by them.

or perhaps im still misunderstanding lol
1827  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 31, 2020, 10:24:37 PM
When I studied physics, I did not encounter those special snowflakes. They were all tucked away in the non science buildings like the "special" kid in class that they put in a corner with fingerpaints so he would not bother everyone else....

back in my day the snowflakes were called the "short bus" kids.
1828  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 31, 2020, 10:20:49 PM
between the 15-18 danger zone.

why the late start?
1829  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 31, 2020, 10:19:45 PM

looks like he will be tried as an adult as florida allows that in this case. so even if hes a minor he is in pretty deep doodoo.
1830  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 30, 2020, 09:14:31 PM
Sucks to be me.. so many BTC emotional roller coasters..    Cry Cry Cry

isnt that part of what we signed up for?  [...]

Fair enough... you party poop.

I was largely just emoticating for funzies... and for exaggeration purposes.

I mean if you look at the contents of my earlier post.  I was saying that based on recent BTC price rises, I had pre-ordered hookers, lambos and blow, but then after reading OutOfMemory's negative nancy price prediction post, I had to go through the efforts of cancelling my seemingly premature pre-orders.

Could anyone really take those kinds of representations seriously, except maybe metaphorically?   Tongue Tongue

i knew you were exaggerating, i answered in a general way more for some of the new peeps here.

and admit it.. youre hooked on the rollarcoaster like the rest of us. my crack habit was easy to kick. this? NEVER
1831  Alternate cryptocurrencies / Mining (Altcoins) / Re: SQRL Hosted FK3 - mwdataco scam or legit... on: July 30, 2020, 03:20:35 PM
Sqrl and mwdataco: a bad buisness . I have invested my money in one fk33 hosted. They ask 30,50$ to month and they havn' t algos to mine. From a year they talk of mining eth but is constantly fake. You lose your money and you waste the time.
To be fair Mwdataco is just the host, and the cost was outlined, I originally signed up with Mwdataco and later on had my fk33 shipped out as they aren't the quickest at getting new bitstreams live from third party devs.

As far as an Ethereum bitstream is concerned, it's very real, no reason to call scam, it just isn't ready for public release. There are a handful of users testing the bitstream now but it really isn't ready for public release yet.

is there any sort of timeframe on release. a realistic estimate i mean. havent been to discord in ages, pretty much gave up on any eth bitstream.
1832  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 30, 2020, 03:10:22 PM
I am a simple man with absolutely no need for "Lambos",cannot afford the years taken off my life due to any drug habits, and don't want hookers.

I would like a home in the mountains, and possibly a place by the sea... perhaps I will try to combine those two things and move to the up country in Maui.  Then I just need enough to pay the bills.

I suppose that sounds boring.

sounds like a good plan to me.
1833  Bitcoin / Bitcoin Discussion / Re: 900,000 illegal bitcoins. on: July 30, 2020, 11:32:04 AM
Oh dear - whatever next?

I'm waiting for someone to discover a covid infected Bitcoin.

i soak all my bitcoins in bleach so its all good.
1834  Bitcoin / Bitcoin Discussion / Re: Bitcoin Core 0.20.0 Released on: July 30, 2020, 11:16:03 AM
Does my computer support? It is only DualCore

yes. a single core will do actually. even raspberry pis can run core, and i believe a lot of old notebooks are used for local casual nodes as they use less power than desktops, but more than a rpi of course. just need about 500 gb storage if you want the full blockchain (recommended), less if you run pruned.

this seems a bit out of date but read here:
https://bitcoin.org/en/full-node#what-is-a-full-node



1835  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 30, 2020, 10:55:29 AM
Sucks to be me.. so many BTC emotional roller coasters..    Cry Cry Cry

isnt that part of what we signed up for? maybe not initially (for me originally it was the mining tech and a use for my game machines that did also did seti and folding on occasions, then later the actual use case and byob thing but that took a while) but now the roller coaster ride is expected. almost required now even. i admit i was falling asleep during that long sideways thing.

i mean whats more fun that watching your stack jump or dive 40% in value overnight. well ok there ARE more fun things but they will remain unnamed as gentlemen dont discuss such things (so ive been told).

the bitcoin rollercoaster guy is still the best meme on bitcoin ive ever seen. its so accurate as to what goes on. at this point anyway.
1836  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 29, 2020, 05:36:22 PM
I imagine = I dream of?

When you get to my age you start to think about securing your legacy.

I think decentralised money being associated with a corroded length of metal being shoved inside someone's body and pulled in and out at high speed is something I would like to be remembered for, so I'm going to do everything within my power to make it happen.

If even only one Bitcoin user ends up skewered it will all have been worth it.

im now re thinking my plan of getting old.
1837  Bitcoin / Hardware wallets / Re: Ledger Security Notice - Ecommerce and Marketing data have been exposed on: July 29, 2020, 02:18:01 PM
However, being a hardware wallet, no addresses nor funds or any sort of sensitive information pertaining to the user's hardware wallet should be leaked. Hardware wallets shouldn't communicate such information with a centralised server for the sake of security. It's highly likely that what they're saying is true.

the hardware wallet needs to send the actual coin addresses to ledgers servers so you can see the balance on that address. that info possibly getting out, the amount of coin someone has control of, is worrisome to say the least.

at the very least i would move everything to a new wallet (new seed etc) just so when someone looks up that addy all they will see if what it did have. of course its possible to trace the coins to the new addys.

sucks big time all around.
1838  Bitcoin / Hardware wallets / Re: Ledger Security Notice - Ecommerce and Marketing data have been exposed on: July 29, 2020, 01:48:20 PM
I think it is more than what they say and I don't trust Ledger until I see more transparent detailed report.

they stated that your crypto is safe but i wonder if any coin addresses were leaked. just what people want, name, address and potentially the amount of crypto they own for sale to the highest bidders.

lovely
1839  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 29, 2020, 12:17:10 PM
.....
sending a "high quality" picture of your kid to grandmother:

analog: .....PITA

digitally: you take your mobile phone, take a pic of your kid and send it to your grandmother a few seconds later.
....

That’s all well and good but it got me thinking...
Now everyone and his brother takes a million pics and vids
of their ugly selfies with silly added effects like a cat face or some ridiculous thing,
or what they ate for breakfast. And sends to Grandma ( and every other poor slob
on their contact list).Well I got news for you...after like the 3rd one sent, Grandma and
everyone else isn’t interested in those high quality pics and vids of junior making
faces at the camera.

out of literally thousands of pics taken with digital (camera or phone) maybe one of 200 are kept. thats whats important to me, i can take  dozens of pics of something and pick out the best one right away. analog with its 36 pics a roll (or whatever) and time lag makes you waste film and time to pick that best shot. thats the real advantage of digital. imo of course. oh and film changes in the heat of the moment sucked pond water. i had to bring a backup camera to events for when i hit the end of the roll and still needed to shoot if there was no time to change film in the primary camera.
1840  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 29, 2020, 10:34:44 AM
kodak is such a textbook example of what happens to you when you don´t take the power of digitization serious enough. kodak was the global king of photography, ruling this industry for more than a century.
[...]

sounds like IBM giving away the keys to the kingdom with DOS and its open hardware architecture for its original IBM PC. of course bill gates had a hand in that too, licensing DOS instead of selling it outright to IBM. opportunity is opportunity.

kinda like bitcoin and fiat actually. well, not really, but sort of. but hopefully one knows what i mean.

history has a lot of lessons, too bad most dont bother learning from it.

kodak making drugs and such now. wtf and didnt they sell rights to their name on some shitcoin a while back? kodakcoin or some crap?
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