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November 21, 2017, 06:02:55 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
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Question: Nov. 30 Price Forecast:
Below $5,500 - 32 (12.5%)
$5,500 to $6,000 - 13 (5.1%)
$6,000 to $6,500 - 8 (3.1%)
$6,500 to $7,000 - 20 (7.8%)
$7,000 to $7,500 - 23 (9%)
$7,500 to $8,000 - 23 (9%)
$8,000 to $8,500 - 35 (13.7%)
Over $8,500 - 102 (39.8%)
Total Voters: 256

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 19708396 times)
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cofefeGandalf
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November 08, 2017, 04:54:59 PM

When buying a trezor, how can you be sure it doesnt get reprogrammed or something on the way here?

I believe there's no firmware present in a freshly-unpacked TREZOR. This means that, in order to be able to use it, you must download the firmware from SatoshiLabs (the creators of TREZOR) and program the device yourself. During this process, a digital fingerprint is displayed on the device's screen, that should exactly match the one shown on the computer screen. After doing all this, your TREZOR is supposed to be tamper-proof and ready to securely manage your keys.

They come with preinstalled fw (or at least they did in the past). But afaik the bootloader is read-only and is responsible to check the digital signature of any fw about to be installed.
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jojo69
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November 08, 2017, 05:08:10 PM

When buying a trezor, how can you be sure it doesnt get reprogrammed or something on the way here?

I believe there's no firmware present in a freshly-unpacked TREZOR. This means that, in order to be able to use it, you must download the firmware from SatoshiLabs (the creators of TREZOR) and program the device yourself. During this process, a digital fingerprint is displayed on the device's screen, that should exactly match the one shown on the computer screen. After doing all this, your TREZOR is supposed to be tamper-proof and ready to securely manage your keys.

Irrelevant, the NSA could intercept your Trezor and stuff the pretty case with entirely different guts designed to outwardly mimic the actual device.

Then the ninjas drop out of your ceiling vent.
jojo69
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November 08, 2017, 05:09:14 PM

You achieve that with consensus and a smooth upgrade that carries everyone along with you. Not detonating a bomb which kills half the crowd you depend on to eat which is what 2X is.

so much this
soullyG
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November 08, 2017, 05:12:55 PM

Segwit 2x guys just threw in the towel - bullish as fuck?

https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-November/000685.html

Quote
...
Our goal has always been a smooth upgrade for Bitcoin.  Although we
strongly believe in the need for a larger blocksize, there is something we
believe is even more important: keeping the community together.
Unfortunately, it is clear that we have not built sufficient consensus for
a clean blocksize upgrade at this time. Continuing on the current path
could divide the community and be a setback to Bitcoin’s growth. This was
never the goal of Segwit2x.
...
TwoCorn
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November 08, 2017, 05:15:28 PM

Segwit2x dead in the water (at least for now). I think bullish. Let's stop with damn forks please.
cofefeGandalf
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November 08, 2017, 05:16:14 PM

Segwit 2x guys just threw in the towel - bullish as fuck?

https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-November/000685.html

Quote
...
Our goal has always been a smooth upgrade for Bitcoin.  Although we
strongly believe in the need for a larger blocksize, there is something we
believe is even more important: keeping the community together.
Unfortunately, it is clear that we have not built sufficient consensus for
a clean blocksize upgrade at this time. Continuing on the current path
could divide the community and be a setback to Bitcoin’s growth. This was
never the goal of Segwit2x.
...

moon time again? Uh-weeehh
WhatsBitcoin
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November 08, 2017, 05:16:31 PM

Segwit 2x guys just threw in the towel - bullish as fuck?

https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-November/000685.html

Quote
...
Our goal has always been a smooth upgrade for Bitcoin.  Although we
strongly believe in the need for a larger blocksize, there is something we
believe is even more important: keeping the community together.
Unfortunately, it is clear that we have not built sufficient consensus for
a clean blocksize upgrade at this time. Continuing on the current path
could divide the community and be a setback to Bitcoin’s growth. This was
never the goal of Segwit2x.
...

Woo. Hoo. Smiley
Gab0
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November 08, 2017, 05:16:55 PM

that is why they will provide the network with better features that make it more competitive in relation to its environment.

You achieve that with consensus and a smooth upgrade that carries everyone along with you. Not detonating a bomb which kills half the crowd you depend on to eat which is what 2X is.

Exactly, that's what people don't seem to understand. Bitcoin is going to get to 2x or some other increase in the future but not now and not like this.

I do not know if it will be done now or later. What I do know is that the history of evolution is ruthless, and only the strongest survive.
Arriemoller
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November 08, 2017, 05:17:50 PM

The x2 chain, in a darwinist/capitalist context, is more likely to survive than the x1 chain.

The highlighted aspect says to me - fear of being poor. That's why they won't disrupt how Bitcoin is operating and that informs all behaviour in this space.

or..., that is why they will provide the network with better features that make it more competitive in relation to its environment.
Every biologically immutable being is doomed to disappear with respect to those who do. Homo sapiens vs Homo erectus.

If that's  the case, why did VHS survive and Betamax die?
Gab0
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November 08, 2017, 05:19:17 PM

that is why they will provide the network with better features that make it more competitive in relation to its environment.

You achieve that with consensus and a smooth upgrade that carries everyone along with you. Not detonating a bomb which kills half the crowd you depend on to eat which is what 2X is.

Core voluntarily decided not to attend the NY agreement. Nobody left them out
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November 08, 2017, 05:19:44 PM

Where are the train & rocket gifs?

$7688 on Stamp right now gentlemen.
eXpl0sive
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waiting to explode


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November 08, 2017, 05:20:33 PM

Segwit 2x guys just threw in the towel - bullish as fuck?

https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-November/000685.html

Quote
...
Our goal has always been a smooth upgrade for Bitcoin.  Although we
strongly believe in the need for a larger blocksize, there is something we
believe is even more important: keeping the community together.
Unfortunately, it is clear that we have not built sufficient consensus for
a clean blocksize upgrade at this time. Continuing on the current path
could divide the community and be a setback to Bitcoin’s growth. This was
never the goal of Segwit2x.
...

Syke
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November 08, 2017, 05:20:48 PM

Someone hit the nitro boost.
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November 08, 2017, 05:21:14 PM

Segwit 2x guys just threw in the towel - bullish as fuck?

https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-November/000685.html

Quote
...
Our goal has always been a smooth upgrade for Bitcoin.  Although we
strongly believe in the need for a larger blocksize, there is something we
believe is even more important: keeping the community together.
Unfortunately, it is clear that we have not built sufficient consensus for
a clean blocksize upgrade at this time. Continuing on the current path
could divide the community and be a setback to Bitcoin’s growth. This was
never the goal of Segwit2x.
...

Holy crap, for realz?

Talk about 11th hour reprieve.

Well, 9th hour.
Arriemoller
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November 08, 2017, 05:22:05 PM

we get free coins after forks. they are aidrop for holding bitcoin. we can get 10% of value from the bitcoin price.

When it forks the value of the other will go down while the new one takes a bit away from it and then when you put it back into BTC then BTC will be back where it was before and the other coin goes down.  That's just my impression
But i don't see a difference because when the fork happens, say bitcoin drops 10% because people go into the other fork then you buy back that extra from the fork but it's like a seesaw because we all go into that one bringing the other price down and then we buy the other back and then it goes up so you don't win anything really.

Economy is not a zero sum game.
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November 08, 2017, 05:22:39 PM

JimboToronto
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November 08, 2017, 05:22:50 PM

Well good morning Bitcoinland.

I see we're hitting a new ATH as I type. I won't even quote a price yet but it cut through $7.6k and $7.7k like a knife through butter.

Go Bitcoin go.
CistaCista
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November 08, 2017, 05:23:54 PM

7700 USD ATH, noone even notices  [yawn]

...ah, beaten by a minute
sgk
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November 08, 2017, 05:24:19 PM

B2X futures are gonna get rekt real hard
DeathAngel
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November 08, 2017, 05:26:22 PM

$7800 any minute now....
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