Or maybe they have finally found a HIV's vaccine CURE ... even if a bit aggressive in its action.
Really, we don't have enough reliable data to even reasonably speculate about it.
You are right. We should stick to short term Bitcoin price speculation where we have such a great track record. Good one, yeah... Good one. |
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https://twitter.com/CNN/status/1224151782223491073"Doctors in Thailand say they have successfully treated two Wuhan coronavirus patients with a combination of drugs used in HIV and flu treatments, the country's Health Ministry has announced." Surprise, surprise...... Wutang Aids-Flu responds to...... combining Aids and Flu medicines. Its almost as if someone in a lab added Aids to another virus. The sample size is ridiculous (1? 2?). Maybe it wasn't the drugs but the inmune system what combated the virus. Or maybe it was the flu specific medicines. Or maybe both were just generic anti-viral drugs. Useless data without further more detailed evidence. Even if it was just an immune response this is good news bc its the first time I found any doctors proclaiming a patient no longer had the virus in their system and we have documented cases of a patient "recovering" from symptoms, but still having the virus in their blood, Magic Johnson style. Wait till the anti-vaxers find out their kids gotta take aids medicine and get HIV vaccines, lol. Or maybe they have finally found a HIV's vaccine CURE ... even if a bit aggressive in its action. Really, we don't have enough reliable data to even reasonably speculate about it. |
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https://twitter.com/CNN/status/1224151782223491073"Doctors in Thailand say they have successfully treated two Wuhan coronavirus patients with a combination of drugs used in HIV and flu treatments, the country's Health Ministry has announced." Surprise, surprise...... Wutang Aids-Flu responds to...... combining Aids and Flu medicines. Its almost as if someone in a lab added Aids to another virus. The sample size is ridiculous (1? 2?). Maybe it wasn't the drugs but the inmune system what combated the virus. Or maybe it was the flu specific medicines. Or maybe both were just generic anti-viral drugs. Useless data without further more detailed evidence. |
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Researching the South Sea bubble. This shit is funny as hell!
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Lo cierto es que no parece un virus tan terrible como algunos parecen pronosticar, no?
Me refiero a comparado con la gripe común por ejemplo.
Parece más miedo a lo "desconocido" que otra cosa.
No sé... por el momento soy escéptico.
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Yup, Biodom is right. That's exactly how it works.
Just think about the additional passphrase as if it were more words for the original seed resulting in a completely different public/private key pairs.
As an added bonus you can have MANY unlimited "wallets" just by inserting a different additional password. With the same base seed.
And it is NOT stored in the hardware wallet. You need to provide it each time you reboot.
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Pretty much. I remember as a kid when Liberty7 was "lost forever in the depths of the ocean". Then in the late 90's they dropped a hook down, picked it up and that's that.
So if you do lose access to your wallet just put it away, chances are it may be recovered in the future. In terms of the passphrase I don't THINK it is needed if you restore from seed, so as long as you have that somewhere you may be ok. Have to check on that.
If by passphrase you mean the PIN, then yeah, it is not needed as such PIN only gives you access to the seed. Have the seed words... no need for PIN nor Trezor. But, if it is the additional passphrase... then you need it. It is not stored in the hardware wallet (nor Trezor, nor Ledger) and it is used to derive the seed into a completely different private key. Of course if you got the seed and have some idea of the additional password used, you could try cracking it based on that information. |
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Nope, fucking scary actually. But it seems not Trezors fault, the STM32 micro misbehaves when it is voltage "glitched". Basically the device is useless as hardware wallet without replacement, except when the seed is protected by a BIP39 passphrase (which is what Kraken recommends as fix/cure). ^ Krakens blog article is really very detailed and well written. You need only a minimal electronic understanding to reproduce the attack. (<- Meaning the crims will be up to speed quickly). On the positive side, it means that people who have forgotten their trezor pin can now get access to their bitcoins. Wow.. yeah.. I had not really thought about that angle, until you mentioned it, lightfoot. There do seem to be some people that fall into the not remembering their pin camp. From a few years ago, I can recall reading about examples of people who had been trying for very long periods of time to try to get into their trezors, and apparently, the trezor allows you to guess wrong, but then continues to increase the amount of time that is required before you can try to guess again... The ledger nano s was different in that regard because I think that it just locks you out from being able to guess your pin after a few wrong attempts.... so then you have to go to the seed.. so probably you cannot even get the ledger nano s coins if it locks you out... more secure? perhaps? All of those hardware devices seem to have some vulnerabilities if they are in your physical possession, but yeah most of them promote the additional pass phrase as a kind of additional assurance.. but wouldn't you be more fucked if you forgot your additional pass phrase or that feature somehow got messed up in however it is stored through cryptography? Anyhow, I recall that there were a decent number of people who had been locked out (or separated from their bitcoins) on that basis... So, those would be examples of people who neither remembered their pins and did not take adequate precautions to back up (or safeguard) their seed phrase. Funny that it took several years to figure out this way into the device.. gosh the trezor one has been around since 2013/2014 I believe. I think that it increased a lot more in adoption around the 2016/2017 price rise, and that is when Ledger Nano S came out. The Ledger nano wipes out the memory after the third failed pin attempt. So yeah, it is gone for good... at least in theory. More secure? Maybe. I have always said in the past that I do like the Ledger architecture more because of their using a Secure element. In that sense it IS more secure. It could have other completely different flaws though. Also, it is not new that the Trezor can be physically attacked to retrieve the private keys: https://www.wired.com/story/i-forgot-my-pin-an-epic-tale-of-losing-dollar30000-in-bitcoin/This is all completely unsurprising. Anyways you could always (technically) be able to strip the chip and "read" the internal memory with an "electron microscope" or whatever that's named. It would be extremely costly though and by the time you are done, the rightful owner should have already moved their BTC to a safe address. Again: Hardware wallets main function is to protect the keys to being exposed to the computer as the signing process is done internally. And to do that in a no-hassle convenient way. Whatever added protection against other type of attacks is just an "extra" feature. |
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Nope, fucking scary actually. But it seems not Trezors fault, the STM32 micro misbehaves when it is voltage "glitched". Basically the device is useless as hardware wallet without replacement, except when the seed is protected by a BIP39 passphrase (which is what Kraken recommends as fix/cure). ^ Krakens blog article is really very detailed and well written. You need only a minimal electronic understanding to reproduce the attack. (<- Meaning the crims will be up to speed quickly). wow, just wow. Hardware wallets only have one purpose, protect the private key. Is it really that hard to design a secure hardware? I wonder when they find a bug in ledger wallets which can not be fixed with a software update. Hardware wallets protect the private key so that it is never exposed to the computer as the signing is done in the device itself. That's their main purpose. There will always be a way (even of costly) to extract the keys or dump the internal memory from any device you have physical access to. That being said, if you add a password to derive the stored key the protection increases a lot as it is not stored in the device. |
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Wise words and I mostly agree with everything you said. Enough of thread hijack I guess. Let's just fucking moon (ie: $50K-$100K) sometime during the next 5 years and just fuck all this philosophy about "need"... It won't probably be that easy though. As The Dude would say: Going to HODLsleep now  |
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Actually, you got me there.
I think that need is a statement that is conditional upon something else, so if we do not know what is the something else, then the statement of "need" might come off as vague or an exaggeration..
Without stating the condition, we could not really know what the speaker means by "need," except to speculate about what was meant by the condition. For example, since I am not a bot, I need air in order to live.
Yeah, I do agree. And even if you need air to live it doesn't have the same level of intensity/urgency of need if you have just taken a full breath or if you have been deprived for more than a minute already. See what I mean? To be honest I expected a more detailed answer from you. Considering how you are able to philosophy about pure technical matters I thought you would excel philosophying about a more philosophy thing. It's all good, I don't even know why I launched the question... Oh yes, I was going to say that need is a bitch. And even minor degrees of need not only suck but... and this is the point I really wanted to make: CAN SEVERELY HAMPER YOUR HODLING ABILITIES. So... seeing both "need" and "15 years" in the same sentence... is some kind of an oxymoron to me. P.S.: On the other hand, "need" can sometimes even make for a stronger hodler. As in: "I don't have as much as a I "need", so I will keep hodling." So "need" is not only a bitch... but a double faced bitch! |
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What I have always wondered is how anyone can even post anything from a phone, much less so quickly. I don't even have whatsapp because I *HATE* typing on the phone!
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I need BTC to go to US$ 75000 in 15 years.
Will it go that high ?
Strange statement. Probably you need to explain yourself a little better. All kinds of shit can happen in 15 years, so if you are focused only on one thing, you got ur lil selfie some troubles... such as aspergers. There are no guarantees in this baby BTC world. Have you been looking at the various BTC price prediction models? Have you been figuring out your finances for a variety of scenarios? if you know anything about BTC, and you are getting into it now, then you better have a plan for if it does go to $75k and also a lot of other variants, including if it doesn't. Now that you say that... Just barely related but... Need is a very complex word. Which includes lots of levels of "need". Even REAL need has different levels of intensity and urgency. What I mean is... And I think you may be able to answer it.... WHAT IS NEED, JJG? |
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Dude, you are completely out of your usual timeframe... Still in Brasil I guess? Laying down on Ilha grande as one of the HATwearers recommended me  Wow, I just did a google image search... Impressive scenes. Such water, much wow! Enjoy! |
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I need BTC to go to US$ 75000 in 15 years.
Will it go that high ?
Maybe. Even most probably. But... will you be able to hodl for 15 years? It's not as easy as it seems. |
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Dude, you are completely out of your usual timeframe... Still in Brasil I guess? |
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My bank kicked me out simply for having bitcoins. They demanded information about whatever transactions I make. Obviously I told them to fuck off, and that was that.
Had I gone along with it, they would eventually have pushed for more. Access to monitor my wallets, maybe eventually direct access to them or demanding that they hold them in custody. Be careful.
my bank has no issues with coinbase. yes i use coinbase, since 2013. never had any issues at all. the amounts ive moved have surely caught the banks attention as any individual transfers over 10,000 USD get flagged. and i dont try to hide them (called layering? i forget. theres a term when avoiding hitting the 10k limit, like 9700, 8500 etc). so i do 10k on the dot chunks. It's called smurfing/structuring. Yeah, be very careful not to do it, as that adds even more risk for being tagged and reported. Multiple periodic under-the-limit (whatever it is in your country) transfers would rise all the flags. Also, it is completely different to send/receive money from a "well-known" exchange (which most banks should have no issue with)... than to make multiple "undocumented" CASH deposits into the bank account and/or make/receive bank transfers to unknown individuals. |
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Well, talked to the bank today about "selling the house for bitcoin", or to be more precise to take out a second mortgage, restructure my debts and "get some liquidity" as they put it. Good talk, and it's all settled. I'll be paying a llittle less each month, will have a substantial amount to invest in btc put in my account, and will also have a fixed interest rate for 20 years. Good times.
Of course they asked about what I wanted to the with "the liquidity", so i said I was looking to have some cash ready for when this whole cardhouse comes tumbling down, and invest in btc. That was a good enough explanation for them.
Nice bank. Crazy system. 1.7%.
My bank kicked me out simply for having bitcoins. They demanded information about whatever transactions I make. Obviously I told them to fuck off, and that was that. Had I gone along with it, they would eventually have pushed for more. Access to monitor my wallets, maybe eventually direct access to them or demanding that they hold them in custody. Be careful. They didn't kick you "simply for having" Bitcoins, which is surely not their fucking business. You were using *THEIR* (lol) bank account to run something similar to an unlicensed money exchange business... without even being a business. And continued doing so after they warned you. You were lucky they didn't report you lol "Banking" FIAT (and even cash in some instances) has strict rules on what you can and what you can't do. If you are gonna use, at least try to not mix it with REAL MONEY or they will get angry and suspicious about you. |
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Unfortunately I am unable to sleep for several months in a row. Sometimes I would like I were able though ludes Hmmm, never tried... Anyway, probably would not mix well with my levels of alcohol consumption.... I will sleep like a baby after Bitcoin surpass ATH  Oh, I should have said *IF* Bitcoin surpass ATH... Too much optimism is not good. |
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