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

[VB1001]

Good morning and good luck to all WO friends in the UK, it will be interesting to read your comments in the coming days.

Is anything special happening?

I bought Ode to Joy, the EU anthem, to make sure it's number one in the music charts on B word day. The rival is named '17 million Fuck Offs' which is a wonderful summary of the attitudes stirred up.

The decision is firm, there is no going back, time will tell how it ends.

[LFC_Bitcoin]

2 girls 1 cup-n-handle

A new twist to the expression "party pooper"?

party pooper anywhere??

She might be carrying the Coronavirus!

Ahhhh, I’d still bareback & bounce.

[Globb0]

Ill be giving her the carnivorus

[vapourminer]

(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.

"structuring" is the term, words are important in this context, like the difference between evading and avoiding...

yeah thats it.

i know that if you try and hide it (legal terms blur in my mind but i understand the clear meaning: dont F*** with us as we will know , you will get boned big time, and with the utmost care.

bleh, no thanks.

so i figure i might as well be obvious, toss some 10k deposits in for a period of time. its like "LOOKIT ME!"

nothing happened.

[LFC_Bitcoin]

@scottmelker
CME Bitcoin Futures expire in 15 minutes. That is all.
https://twitter.com/scottmelker/status/1223271074705506309?s=21

[JayJuanGee]

Ehi!
One of us fellow WOer has just been interviewed!

https://twitter.com/staciewaleyko/status/1222940338442113024?s=12

“This is called “Ogliarcy!O...G...L...I...C...H...Ogligarcy!...Something like that!”

Bitcoin fixes that, by the way.

https://twitter.com/staciewaleyko/status/1222940338442113024?s=12

Oh hell yeah, a bitcoin expert, oo the credibility, the exposure here we go. Hmm T shirt is tingling my spidey sense.

Goes on to proclaim on subjects such as alien abduction and Jesus

Groan

Hahahahha

Yeah... he is trying to cover too many topics... and to make too many connections... like the alien abductions stop when you find god....  and oligarchy is not really that difficult... but maybe it was the first time that he had attempted to say it outloud when he had just seen it in writing previously.. just happened to be in front of a camera...

He did say that bitcoin fixes this and that he is a bitcoin expert....    like one of the commenter said in the thread, "he is not wrong"... hahahhaha

[Gyrsur]

@scottmelker
CME Bitcoin Futures expire in 15 minutes. That is all.
https://twitter.com/scottmelker/status/1223271074705506309?s=21

buyers coming in currently, over $9320 level now.

EDIT: now below again. 

[JayJuanGee]

Ehi!
One of us fellow WOer has just been interviewed!

I'd rather not be associated with that, thanks.

Fuck.
All the dumbasses worldwide googling this site, finding this thread, rumoring around, more journalists joining in, more dumbass stories...
R.I.P. golden BTCtalk times  

EDIT: Got to delete a lot of recent posts, i think.
Anybody knows how to change nickname for OpSec reasons?
Mic the Dude?
I already PM'd theymos in the past about that, but got no reply...

Hopefully you will communicate to us a "safe word" in order that we know who you are when you come back....      Pm theymos does seem like the best bet... even if it might take him a while to get back with you...

[Gyrsur]

"safe word" == "pain in the ass" ??  

[psycodad]

FUD ?

https://www.newsbtc.com/2020/01/31/bitcoin-investors-be-aware-kraken-finds-way-to-hack-into-trezor-hardware-wallets/

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).

[JayJuanGee]

Let’s see now, off the top of my head:

A history of bad behavior, including admitting that their service providers were selling that data?

So they replaced them.

Hiring a team that worked for oppressive Middle East regimes to silence dissent?

And is said team still silencing dissent in the Middle East?

Holding Bcash lol hostage for three months to pump the price?

'Hostage'. You funny. Under the circumstances, waiting for demonstrated value before acking seems reasonable.

A history of insider trading?  

_What_ history of insider trading?

1.  They allowed them to do it in the first place.

2.  Probably.  I have no idea.

3.  Does demonstrated value require active trading on other major exchanges for 2.5 months?  Very cute.  We all know why CB stalled releasing the fork coins for 3 months.

4.  I guess you don’t remember Roger Ver defending their insider trading on the basis you should want more, not less insider trading.  Or maybe it was before your time.

The bcash shenanigans should have been obvious to almost anyone who was paying attention.  They first said that they were not going to distribute it, then they said it would be into the new year and then they did distributed in a spontaneous way that happened to coincide with a Roger Ver interview on CNBC or some other outlet.. and then they got their bcash trading stuck at a $9,000+ convenience price.

Their (brian et al) getting involved with the segwit2x signing and then getting involved in shitcoins and indexes of shitcoins and confusing descriptions on their website regarding the significance of king daddy  are also no less egregious behaviors. 

Even if you might feel that they are getting some pressures from three lettered federal agencies regarding various kinds of compliances... gotta wonder about the integrity of coinbase, no?  One good thing  seems to be that they have not suffered any major attacks, yet.. but gosh they seem to be accumulating a lot of bitcoin.. so how are they going to weigh in with those, at some opportune time?  Good guys?  Jbreher seems more than willing to defend them, but jbreher does not seem to have the greatest of track records in these parts in terms of his understanding the importance of king daddy.... but rather wants to attack king daddy in various ways...

Respect your elders (referring to king daddy), jbreher...!!!!!!!!!!   

[vroom]

FUD ?

https://www.newsbtc.com/2020/01/31/bitcoin-investors-be-aware-kraken-finds-way-to-hack-into-trezor-hardware-wallets/

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.

[Paashaas]

FUD ?

https://www.newsbtc.com/2020/01/31/bitcoin-investors-be-aware-kraken-finds-way-to-hack-into-trezor-hardware-wallets/

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).

Not a new exploit just old rehased FUD, use a passphrase (like we all do) and have to be able to defend from physical attacks.

[VB1001]

Big size https://i.imgur.com/2EaHKmt.jpg

Updated new Hat:

- dragonvslinux

Page views www.wohats.com

31 Jan. / 3836

[jojo69]

Is it really that hard to design a secure hardware?

Yes 

The only secure hardware solutions involve proprietary, non open source, chips which, of course, have their own set of drawbacks.

Just wait until we start experiencing supply chain attacks.

[JimboToronto]

FUD ?

https://www.newsbtc.com/2020/01/31/bitcoin-investors-be-aware-kraken-finds-way-to-hack-into-trezor-hardware-wallets/

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.

I hate to say, "I told you so" but I could never understand why people would spend money on hardware wallets with their risk of vulnerability when new addresses can be created easily, securely, and for free. Laziness I guess.

Is protecting private keys all that more difficult than protecting pass/seed phrases?

[JayJuanGee]

"safe word" == "pain in the ass" ??  

You switching too?

Fuck!!!!   Not going to know anyone anymore around these here parts by their titles of the good ole days..... #nohomo

Remember about 6 months ago, people were accusing you of having had sold your account because of your seeming personality change??  hahahahaha..... like you had experienced some kind of traumatic episode in ur life to alter ur online persona....


but keep posting the sparsely clothed chicpics and we will surely appreciate that u is the real u ....    (you pervert...!!!!! that one is for greta)   

[gentlemand]

Laziness I guess.

Convenience.

By far the bigger risk is online theft. Being able to transact on demand knowing you can't be got at is a fine feature.

[DaRude]

Is it really that hard to design a secure hardware?

Yes  

The only secure hardware solutions involve proprietary, non open source, chips which, of course, have their own set of drawbacks.

Just wait until we start experiencing supply chain attacks.

No need to recreate the wheel, but it won't be cheap until big boys get involved and start offering it on smartphones

https://en.wikipedia.org/wiki/Hardware_security_module
https://en.wikipedia.org/wiki/Common_Criteria
https://en.wikipedia.org/wiki/FIPS_140

[JayJuanGee]

Laziness I guess.

Convenience.

By far the bigger risk is online theft. Being able to transact on demand knowing you can't be got at is a fine feature.

Apparently, a lot of people lose coins from mere carelessness and even over complicating matters.. and therefore lose access to their private keys because they have not adequately backed up or even adequately figured out a way to remember their password/private keys... So, surely convenience is going to remain a very important factor to managing and remembering how to access private keys... and maybe even a good idea to make sure to access all coins once or twice a year, just to be sure that you remember how to do it and to think about where and how your backups are stored (in the event that the system that you are using has back-ups).

Not trying to distract from some of the online theft or the various risks regarding third parties or even intermediary services that allow for online storage and access... one of the upsides of theft, rather than loss would be that the coins are still in circulation (I suppose that could be framed as a downside, too, because a complete loss does increase the scarcity which increases the value of the coins of everyone else).