It's a very informed and competent piece, written by a history professor. All historians notoriously have a deep understanding of cryptography, game theory and networks. The article even quotes well known bitcoin experts, such as prof. Stolfi. /s I could upload a copy somewhere without a paywall, and will do so if requested by someone I like  My advice though: Spare your time - it's utter BS. Good for a laugh. It could easily be an article about anything, if you completely ignore what the thing is and just say that it has no value. Pepperoni pizza is worse than a ponzi - you eat it and it's gone and you can't get the money back. Good grief. They cite Jorge. |
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This is a pretty good TOTP solution. Been around for a long time... Not owned by a FAANG company. Works well... multi device. https://authy.comTBH I'm not a big fan of them pushing online backups and multi-device options and even desktop versions. The only backup should be a hard copy, it should be treated like a wallet seed. Losing your 2FA when you lose your (presumably locked/encrypted) phone is a feature, not something that needs to be fixed by making multiple copies of it and increasing the attack surface exponentially. But then again, people screw up all the time, so not sure what's worse - increased risk due to multiple copies or the risk of people being idiots and not backing it up on paper. TOTALLY. Both the first line, and the second. It's the age old "Can I store my private key on the cloud if it is encrypted?" argument. And the correct answer is NO.  But like everything it's all tradeoffs. What tradeoffs are we willing to make? One other thing... you can DISABLE the online backup, though the presence of the connection is still there, I guess... |
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I am genuinely sorry to hear about this philipma. I'm also glad and relieved to hear that no coins were stolen.
What am I about to say next, I hope you don't take as rubbing it in or anything. You have to decide what works best for you. But I can honestly say that if you had had your coins on a hardware wallet like a Trezor, none of that would have happened (provided you set it up correctly, have your security protocols right, and don't fall for the phishing scam of going to a fake Trezor website, etc.).
I'm seriously baffled after all the talk over the years about how great and solid hardware wallets are, that people still refuse to investigate and use them.
In fact, if someone has a legit link to someone getting their coins stolen from a Trezor that wasn't a phishing scam, please link to it. I'd be curious to read it.
The importance of hardware wallets (really digital keyring/signing device, but alas, 'wallet' sells better) is hard to overstate. This is INSTANTLY what I tell folks who are new to Bitcoin. Get yourself a hardware wallet... and the Trezor really is a great suggestion. If the person holds a significant amount of Bitcoin, I then encourage them to get 2 more devices, and when they become comfortable set up a 2 of 3 wallet. The most important advantage in them is hard to see at first: Secure XPRV (seed, XPUB etc) generation. Hardware wallets are the ONLY foolproof way to make a bitcoin seed. So far there is no other way that is safe, that also is not prohibitively difficult/risky.  |
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a code that is only available on a phone that no one knows the number. It is not 2fa. and gives a six digit number every 60 seconds .
Sounds like TOTP, which is not linked to your phone number, it's just an app that generates the code, doesn't send anything over the network, the server generates the same code to verify against. If the server is not compromised, this is reasonably safe, much safer than SMS code anyway. This is a pretty good TOTP solution. Been around for a long time... Not owned by a FAANG company. Works well... multi device. https://authy.com |
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I am not quite sure how they ported the phone.
I suspect they used tracfone had the cell number hoped by getting the email
that the email linked to tracfone and to coinbase was the same
so if they hack just the email
they could try to port the cell to their carrier.
then get into coinbase change password and use 2fa to allow withdraws and alter the email
...
Best to buy a burner phone set up google to microsoft auth.
the coinbase account does not know that phone number so no one can port it over to another network.
Sorry that it happened, but I cannot figure it out from your description. coinbase did have some SMS troubles last May or so, maybe it is somehow related. The ported phone would jeopardize both methods (text or Authenticator), wouldn't it? what's the "email linked to tracfone"? why there is such a thing? Phone a the ported phone was a tracfone. I do have an email/phone account so they could have ported the phone from trac phone to Verizon mobile by entering my cell number They could have hacked the email using recovery to the phone. This gave them the phone and the email. they use that to go after the coinbase they change the password. they find that no changes in the account or withdrawals can be done without a code that is only available on a phone that no one knows the number. It is not 2fa. and gives a six digit number every 60 seconds . They could have been say with draw .25 btc and putting in random six digit numbers as I was driving home ( I think they get locked out after 3 wrong numbers). so I could have lost .25 btc if they got lucky. I think my error was the email recovery was linked to the cell which let them get into the email. That email is 22 years old I changed the password. I am playing with fake hacking of the now drained (by me) coinbase account to see if they just needed the have the phone number ported to be able to change the coinbase password. I also had the account set to need the auth app for any withdrawal (thank goodness) Tough situation. Have seen this happen MANY times. Secure Bitcoin storage is possibly the HARDEST problem to solve well. It is very easy to make mistakes. I have personally spent a lot of time setting up my storage/recovery strategy. It is a balancing act between making it too easy for thieves, and making it too hard to reliably execute. This is probably the biggest hurdle for Bitcoin adoption. And the reason, I have said often, that the masses will never "be their own banks". Something as simple as using a secure and reliable source of entropy for key generation is critical. Glad you avoided being robbed. |
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This sure looks good... But there are two things bothering me. 1. STILL NO VOLUME. 2. It's the witching hour point in the year. Nothing happening right now can be counted on meaning what it looks like it means. Other than that? Pretty exciting!  |
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Cerner's financials say that their Total Debt to Equity ratio (FY) (%) = 29.81.
Which means that out of that $28.3B equity valuation, they have $8.3B in total debt outstanding. If you believe the valuation estimate, that's still nearly a third of the company that is all debt! And over the past 4 years, their accumulating debt had been growing at a much faster rates than their profits. Which means they were on track to eventually going belly up.
It's possible Oracle wants key technologies or even employees. I agree that there's way too much money sloshing around though. As someone certified in their biggest competitor's product this is an interesting turn. Cerner is losing the battle in the EMR space, but Oracle is a company with extreme clout. And ultimately the EMR is a database. |
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It seems many people are fairly bearish right now.
I pulled a block of coins I had loaded up on the exchange back into my own custody the other day. No freaking way I'm selling in this messy volatility. Doing whatever small things I can do to help contribute to supply shock on the exchanges. As much as Trace Meyer turned out to be a douchebag with his whole "Buy my shitcoin on TradeOgre" misstep the whole "Proof of keys" idea was a really good one. It suffered from two issues. 1. It had a stupid name. The name only appealed to people who already held all their own coins. 2. It ignores human nature. There are several reasons why humans don't want to hold their own keys... and they really never will. But the idea was genius. If we all held or own coins it would absolutely change the reality of the markets instantly. But it's akin to going into that kind of heroin treatment where they put you in a coma and shoot you chock full of opioid antagonists. It's the express lane to getting off the teat. But you still have to want it to do it. But people will do Bitcoin the way they have always done money. They will have a third party look over their horde. Anyway, I thank you for taking your coins off. I know you generally hold your coins, but every little bit helps! (Also, seriously... what Meyer just full of it? He always talked about buying BTC at $0.25. His whole scam reeked of him needing to bolster his stack... I wonder if he was really mostly talk.) |
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I feel like people opinions can be roughly divided into 4 groups:
1. People who did not get the vaccine, and think it is risky, and/or profit driven and think that the majority of folks (if not all) should NOT get it.
2. People who did not get the vaccine, think it is risky enough to avoid, but respect other rights to choose differently.
3. People who DID the the vaccine, might possibly regret it, most likely did not plan to get any boosters, but respect other rights to choose differently.
4. People who got the vaccine, intend to continue with any suggested boosters, and feel it is critical for others to get it too for their own safety as well as others.
It's 1 vs 4 that are reacting like baking soda and vinegar.
2 and 3 mostly agree that coercion and mandates are wrong.
Interestingly, there are good scientific arguments that can be made for both #1 and #4.
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Another truly tragic COVID-19 casualty. In my family.
45 years old. 6.2 ft tall. Perfectly healthy. Never had any illnesses throughout his life. Was serving in the military (Lieutenant, O-3). As you probably know, military officers regularly undertake medical tests, and his was perfectly clean. Stationed at a weapons research facility, doing research on encrypted network protocols.
Not vaccinated (out of "principle", whatever the FUCK that means). Contracted COVID-19. Fell ill. Within a week he was in ICU. A week later he was dead. DEAD. Got that? DEAD!
A brilliant man, a great military officer and scientist, LOST due to some medieval, dark-ages, Ted Kaczynski-type ideas, circulated for-profit on the internet, claiming that vaccines, medicines, science, technology, are somehow bad for us and we should abstain from them. He leaves behind his wife and two little girls.
Sorry to post this here, but it needs to be heard. If the mods want, they can delete it or move it to Bob's thread. The pain is just too much for me right now. I just had to post this, in the hope that some "anti-vaxxers" out there read it and WAKE THE FUCK UP. I'm not talking about what I've heard, read, or dreamt, this is real life inside my own social circle.
And anyone offended by this post can go fuck themselves, thank you.
Very sorry to hear this AlcoHoDL. God bless you and his family. |
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Late Saturday/Early Sunday... low volume, and the price knocks on the top of it's channel. This would most likely be a great place to sell. Yet, I am not a trader... but this is a tempting one.  Majority of time channels break in the opposite direction though. Hopefully we are headed north. But I do not see any evidence of it yet... |
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Late Saturday/Early Sunday... low volume, and the price knocks on the top of it's channel. This would most likely be a great place to sell. Yet, I am not a trader... but this is a tempting one. |
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There's another full moon tomorrow (or the 19th in the morning depending on where you live) and while this isn't trading advice, it looks as though there might just be something to all this talk of bitcoin "mooning" after all. A little hopium chart for your perusal:  Frm this chart, I think the logic is inescapable that where there is a moon (of any kind?), bitcoin is going up. |
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So... I have you on ignore because it seem to me that you are someone who is hanging on to reality by a tiny thread, and most of what you say is either nonsense or annoying. But like all on my (fairly short) ignore list, now and then I click the "show" button just to make sure that I have not misjudged... and from time to time decide I have. The only reason I am considering un-ignoring you is I am honestly concerned about you. Something is terribly wrong. Drugs, perhaps? Mental illness? Either something like that or you are a very odd, and ineffective troll. So back on the list you go! But seriously. Do you need to get help? |
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OT: All this talk in the MSM about the "relief rally" in stonks, and how the market "liked" the hawkish Fed news about tapering and potential 3 rate hikes in 2022.
Lol, what bullshit. The stonk market only likes free money, and more of it. They in fact hate tapering, and really hate higher interest rates. And they could give a shit about inflation.
A bunch of shorts got hammered, that is all.
What everyone should be very worried about is when the Fed really *does* start seriously tapering and raising rates. That would start the clock, and mean that another global black swan "event" is right around the corner. By design.
It's interesting to see the plan unfold. It seems to me THIS phase is mostly focused on supply chain problems, particularly with food supply. They had no issue with killing us with an engineered virus, and they are going to starve some of us to death next. The most interesting part is the worldwide UREA shortage being created by China (of course). This is a chemical which has an underestimated importance. Who knew the world would run on pig piss? But it does. It is a primary ingredient in fertilizer, and ALL modern diesel engines require it to run. It is not a requirement, in that the engine needs it. But the engines all now have systems built in that will either shut off the operation altogether, or seriously govern the speed when it is missing. So this attack has a 2 pronged effect. It will make food harder/more expensive to produce. And it will make the delivery of all goods also harder and/or more expensive. So food production AND supply chains are going to shut down to some extent. And people will die. We are JUST beginning to see the first effects of this attack. But I think it's going to get worse. I personally drive a little 4 cyl diesel truck. I bought myself 20 gallons of DEF a little while back when I realized this attack was coming. So I will be good, for several years... probably overdoing it, but it will at least give western pig farmers the time needed to build the systems needed to produce this ourselves. What's this DEF thing? Is it like Adblue? If so. https://www.metadiag.com.tr/en/adblue-removal/Exactly it. I imagine you could pick some up the shelves are all cleared out at your favourite cafe? And yes. I have no problem spending a few bucks to make my truck have "cleaner emissions" (I guess?) But if it comes down to it you better believe I will hack whatever system is in place to throttle the engine if we run out. In fact I am already looking into alt firmwares, and whether just deionized water will look good enough to the sensors (maybe). I bought 10 gallons (whassat ~20 liters?) though and that will last me 2-3 years. |
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I have a slightly different take on this.
Yes urea can be sourced from animal products but it is usually synthesized, the process takes a huge amount of energy. From the production of the ammonia which is usually made from hydrogen processed from natural gas or LPG and reacted with nitrogen ( you may remember the Haber- Bosch process from high school chemistry) and then reacting the ammonia with carbon dioxide to produce urea.
Recently the cost of natural gas and energy in general has seen a huge increase.
Leading to the highest price I have ever seen for fertilizer, Nitrogen (urea) in particular. Almost double last years price.
If farmers use less nitrogen due to increased cost, crop yields will fall and food prices will rise affecting everyone but those in third world countries most as a far higher proportion of their income is spent on food than in the developed countries.
The cause of huge increases in the price of energy is deliberate and due to the insane pace of shutting down traditional carbon electricity generation before alternative sources are fully in place. And the pressure to shut coal mines and oil wells for the misguided climate agenda movement.
This is at best could be described as an oversight by our great political leaders or a deliberate attempt to use starvation and poverty to subdue the worlds population ahead of the great reset. (couldn't possibly be connected to the onward march of Marxism promoted by our own progressives and others worldwide)
I never understood the purpose of the climate hoax, not that the world is getting warmer (it has been since the last ice age) and that it's progress has been sped up by human activity but the predicted outcomes of doom and horror centuries into the future. Supposedly caused by a 2.0C increase in temperature. Absolute zero is -273C - 0 degrees Kelvin, if average world temp is 15.0C then we are at 288 Kelvin so even a 3 degree increase is just 1% more heat energy and this is supposedly going to catastrophically destroy the world. WTF I do not believe this.
So the climate hoax has everything to do with controlling people through fear and it is working, especially on young people who's anxiety levels about so called climate change are making them ill. This allows governments to bring in ever increasing draconian measures to control their populations. Increased energy prices to fuel inflation, increased money supply to add fuel to the inflation fire and people being softened up through the resulting poverty inflation brings.
Couple this with the Anthony Fauci backed research on Corona Virus at Wuhan institute of Virology, the experiments (to modify virus to be able to infect human cells) were not allowed to be conducted in USA labs, so were outsourced to Wuhan along with $millions of grants to upgrade their bio-security there. This is likely to be a deliberate release of a virus given the level of bio-security at Wuhan. Which now has the entire world in the grips of yet more fear. The time has never been better for those with totalitarian visions to strike.
There is a reason the communist China banned Bitcoin and that progressives like Sen Elizabeth (marxist) Warren would like to see it banned. Is that it can play a great part in thwarting their ambitions for a world wide (nightmare) communist state by giving power to those who would oppose such a plan.
(The shit that revolves around in your head when you are driving a tractor)
Nice. Yes, I hope some smart people outside of China are cranking up the production of the factories that can make urea. AND hopefully these businesses will not be impeded by the people currently controlling most western governments. The good thing about the US is there will always be a state somewhere that will allow freedom, and support businesses. There is a reason that Musk is moving his road show to Texas. I am not a prepper (maybe I should be?) but you better believe I am hoarding a little urea to keep my truck running without having to hack it. I might even buy a little deionized water to wet it down with and make it last a little longer. |
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That's hilarious... never seen it. I wish my statement was actually just manipulative hyperbole. But (and I can't believe I came to believe this) one I accepted the fact that whoever is running this plan released an engineered virus that they decided who to take out. If the good guys lose, this will be remembered as the most humane war ever fought. |
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OT: All this talk in the MSM about the "relief rally" in stonks, and how the market "liked" the hawkish Fed news about tapering and potential 3 rate hikes in 2022.
Lol, what bullshit. The stonk market only likes free money, and more of it. They in fact hate tapering, and really hate higher interest rates. And they could give a shit about inflation.
A bunch of shorts got hammered, that is all.
What everyone should be very worried about is when the Fed really *does* start seriously tapering and raising rates. That would start the clock, and mean that another global black swan "event" is right around the corner. By design.
It's interesting to see the plan unfold. It seems to me THIS phase is mostly focused on supply chain problems, particularly with food supply. They had no issue with killing us with an engineered virus, and they are going to starve some of us to death next. The most interesting part is the worldwide UREA shortage being created by China (of course). This is a chemical which has an underestimated importance. Who knew the world would run on pig piss? But it does. It is a primary ingredient in fertilizer, and ALL modern diesel engines require it to run. It is not a requirement, in that the engine needs it. But the engines all now have systems built in that will either shut off the operation altogether, or seriously govern the speed when it is missing. So this attack has a 2 pronged effect. It will make food harder/more expensive to produce. And it will make the delivery of all goods also harder and/or more expensive. So food production AND supply chains are going to shut down to some extent. And people will die. We are JUST beginning to see the first effects of this attack. But I think it's going to get worse. I personally drive a little 4 cyl diesel truck. I bought myself 20 gallons of DEF a little while back when I realized this attack was coming. So I will be good, for several years... probably overdoing it, but it will at least give western pig farmers the time needed to build the systems needed to produce this ourselves. |
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Same sort of thing in XMR/BTC:  It would be fairly sad to see the price breaking either of these, and devastating if we lost both... That seems EXTREMELY unlikely. So for the first time in ages, I am a buyer. I feel like I'm looking at a different chart than you. This is the 1 month chart. It looks like trying to catch and falling knife, especially given 2021 has been a crypto bull market.  Making a new local low will be devastating for price, and personally I'm surprised as well there hasn't been a bounce from current prices, but it is what it is it seems. Personally I still think FED are scooping up a lot of these coins from dark-web busts, where a lot of liquidity is, then dumping for USD or even BTC. Monero still has enough use case, so it's surprising to see it down for the year. In fairness we've also seen this in the BTC price of Litecoin, Bitcoin Cash and others that were popular 2017 coins. If price bounces back to that long-term resistance trend-line, I'll be reducing exposure that's for sure. We are looking at different charts! Mine covers a year~ and your the lifetime of Monero. |
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