Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[BTCMILLIONAIRE]

Off-topic side note. Bitcorn just can't decide where it wants to go today.

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[HI-TEC99]

Off-topic side note. Bitcorn just can't decide where it wants to go today.

Wait for a few days until the bank wires to the exchanges clear. I'm hoping it will go up after that.

[qwizzie]

Breaking: Numerous Bitcoin Wallets May Have Been Compromised by Rogue Developer

https://www.ccn.com/breaking-numerous-bitcoin-wallets-may-have-been-compromised-by-rogue-developer/

A user with very little coding activity on GitHub requested publishing rights to the event-stream library from its previous maintainer, Dominic Tarr, who said that he had not maintained the repository
in years and gave control to the new user, called right9ctrl.

The library event-stream is used in many Node.js applications. According to a complainant on GitHub, the new maintainer right9ctrl either pulled a sneaky move to inject malware or unknowingly had the
same effect as if he had, that effect being that it would leak private keys from applications that relied on both the event-stream and copay-dash modules.

Basically, the developer updated the module with malware and then patched the problem to avoid detection, but the numerous people who had already installed it remain affected.
Copay — whose open-source code is itself used by many crypto applications — would be just one of many that use the library, but it happens to be built and maintained by a multi-million dollar
Bitcoin payment processing company — BitPay — which raises questions on its own.

[Hueristic]

Breaking: Numerous Bitcoin Wallets May Have Been Compromised by Rogue Developer

https://www.ccn.com/breaking-numerous-bitcoin-wallets-may-have-been-compromised-by-rogue-developer/

Haha, What timing after I posted that about infiltration methods. Lol

Yep...I went to their github...downloaded their wallet (which only runs on Linux). Far too many dependencies that I did not have to get the thing to compile. Figured I'd wait for someone to come out with one you don't have to compile on a Linux box.

Did Satoshi only run Bitcoin on Linux?

Classic maneuver, add unneeded dependence with vulnerabilities in them.

[qwizzie]

Breaking: Numerous Bitcoin Wallets May Have Been Compromised by Rogue Developer

https://www.ccn.com/breaking-numerous-bitcoin-wallets-may-have-been-compromised-by-rogue-developer/

Haha, What timing after I posted that about infiltration methods. Lol

i knoww right

This does suck though as Copay is used in a lot of wallets / applications.

Edit : it seems more to do with the library event-stream

[BTCMILLIONAIRE]

Breaking: Numerous Bitcoin Wallets May Have Been Compromised by Rogue Developer

https://www.ccn.com/breaking-numerous-bitcoin-wallets-may-have-been-compromised-by-rogue-developer/

Haha, What timing after I posted that about infiltration methods. Lol

i knoww right

This does suck though as Copay is used in a lot of wallets / applications.

Inb4 major exchanges using Copay cold wallets. Bitcorn is ded.

[bitserve]

[Hueristic]

Heh, but ouch that stung a little.

[QuestionAuthority]

[El duderino_]

All aboard.... the BTCexpress Will expand with no doubt .....

[Hueristic]

All aboard.... the BTCexpress Will expand with no doubt .....

<<<--- afraid to look at price.

[El duderino_]

Off-topic side note. Bitcorn just can't decide where it wants to go today.

Wait for a few days until the bank wires to the exchanges clear. I'm hoping it will go up after that.

Up .... whats that, starting to get attached to downward movements.......
F***ing kidding, can’t wait for those BULL moments to happen
#rocketsTRAINSdildo’sCAROLINA etc

[El duderino_]

All aboard.... the BTCexpress Will expand with no doubt .....

<<<--- afraid to look at price.

Then look @the current amount of BTCholdings, still the same?

[yefi]

I too am looking at a 100-200k price range for the next bubble.
I am taking a scenario into account where it will take more years to get there due to the potential for a nasty recession in the coming years though.  I am not putting all my chips on that scenario though, I have been prone to doomsday-thinking and getting the macro trends completely wrong in the past.

Pretty much spot on my estimate for the next bull run (assuming we don't do anything crazy like go triple digits). What happens beyond that I am much less sure about. Perhaps much more mundane growth or perhaps hell.

[Bitcoinaire]

It looks like the low is in or it's pretty close.

Anyway, I was sifting through my old bookmarks and found this interesting article about bitcoin from December 2016.

https://medium.com/@mcasey0827/speculative-bitcoin-adoption-price-theory-2eed48ecf7da

[bitserve]

Breaking: Numerous Bitcoin Wallets May Have Been Compromised by Rogue Developer

https://www.ccn.com/breaking-numerous-bitcoin-wallets-may-have-been-compromised-by-rogue-developer/

A user with very little coding activity on GitHub requested publishing rights to the event-stream library from its previous maintainer, Dominic Tarr, who said that he had not maintained the repository
in years and gave control to the new user, called right9ctrl.

The library event-stream is used in many Node.js applications. According to a complainant on GitHub, the new maintainer right9ctrl either pulled a sneaky move to inject malware or unknowingly had the
same effect as if he had, that effect being that it would leak private keys from applications that relied on both the event-stream and copay-dash modules.

Basically, the developer updated the module with malware and then patched the problem to avoid detection, but the numerous people who had already installed it remain affected.
Copay — whose open-source code is itself used by many crypto applications — would be just one of many that use the library, but it happens to be built and maintained by a multi-million dollar
Bitcoin payment processing company — BitPay — which raises questions on its own.

And that's why we use hardware wallets to have an additional layer of protection against leaking the private key.

Software hot wallets will always be much more vulnerable.

[Last of the V8s]

[Toxic2040]

Bitcoin closed out the day with significantly higher volume's and a potential swing low. Is a change in momentum in the air?

1h



4h



D

#hodl

--------------------
On a aside..


Mars InSight touched down today 6 months after launch. Here is a pic right after a successful propulsive landing. (Dust cover still over lens unfortunately in this frame.) Big congrats to NASA and JPL for some nifty engineering.

[Last of the V8s]

£1 is 1/163lb silver
1 bitcoin cash is 2 bitcoin cashes
1 bitcoin is 1 bitcoin

[Searing]

Ah..but which BTC? Craig Wright claims he will 'destroy' BCH ABC with his now BSV coin..will be the 'true' BCH....and then move on and 'exploit' hidden flaws in BTC seg witness

by the end of 2018! Becoming the 'one true coin' with his 'modest' self in control!

(Craig Wright ...the Jim Jones of crypto...ie the 'kool-aid' is poison)

FML...if he is Satoshi we are beyond f**ked