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

[cAPSLOCK]

The coin fellow speaketh...

Direct link to video:
https://blossom.primal.net/41e95811cbb84490dd979159d3c45eee8bf6c5f83a07f3f95a000ca3e1fe4622.mp4

I generally like the response.

[LFC_Bitcoin]

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🎰🎲 Bitcasino.io 🍕 Bitcoin Pizza Day🍕 $500 cash + Free Spins 🔒 20 May 🔒

[Volgastallion]

Oh good grief. 

This cant be real.....

So just after your actions blow up to the sky a 24% in a day you are saying to me this news?

Poor people if someone reach them they can be in real danger. Its becoming more and more normal seeing some kidnappings into people with crypto.

[Biodom]

From $74k to $105k, formed a beautiful double top.

With recent Coinbase hack a perfect moment for bears taking over for a 30% - 50% dump.

Did you sell at 55K and now have schadenfreude toward the rest of us?
I would have given some negative merit for this post, if i could.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OutOfMemory]

The coin fellow speaketh...

Direct link to video:
https://blossom.primal.net/41e95811cbb84490dd979159d3c45eee8bf6c5f83a07f3f95a000ca3e1fe4622.mp4

I generally like the response.

Sorry, any of you may like or not like this dude, or even simply don't care about him, but the response is great, imho.
Have we even ever witnessed such act of responsibility in the exchange space?

[Biodom]

Oh good grief.  

These links provide the most accurate info, I think:

https://finance.yahoo.com/news/coinbase-stock-slips-crypto-exchange-123040251.html

Coinbase said no passwords or customer funds were ever accessed. However, it said names, addresses, phone numbers, email addresses, last four digits of Social Security numbers, masked bank account numbers, and Coinbase account data like "balance snapshots and transaction history" may have been compromised.

They also said that access was from outside of US, but it is not clear where the customers were.

https://www.investing.com/news/stock-market-news/coinbase-discloses-security-breach-expects-impact-of-up-to-400m-4047654

The breach, which Coinbase described as an “extortion attempt,” is said to have started when criminals bribed overseas support contractors to extract internal data affecting less than 1% of monthly transacting users.

The attackers reportedly obtained names, addresses, and phone numbers, as well as masked Social Security [it means just the last four digits] and bank account information, government ID images, and account data.

Coinbase emphasized that the attackers did not gain access to passwords, two-factor authentication codes, private keys, or customer funds.

[OutOfMemory]

Ledger discontinues Nano-S support.

https://support.ledger.com/article/Ledger-Nano-S-Limitations?redirect=false

Thanks for nothing, french assholes.
I still couldn't decide on a new HWW, and these news put me under quite some pressure now. 

[Ambatman]

Thursday still remains my favorite for a Pump.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[adam.sandler]

From $74k to $105k, formed a beautiful double top.

With recent Coinbase hack a perfect moment for bears taking over for a 30% - 50% dump.

It is not yet known whether they have access to the accounts. But given the information they stole, it is possible.
We will have to see what countermeasures Coinbase takes.
Also, I don't think they will sell even if a withdrawal is made. Not quickly.

[cAPSLOCK]

The coin fellow speaketh...

Direct link to video:
https://blossom.primal.net/41e95811cbb84490dd979159d3c45eee8bf6c5f83a07f3f95a000ca3e1fe4622.mp4

I generally like the response.

Sorry, any of you may like or not like this dude, or even simply don't care about him, but the response is great, imho.
Have we even ever witnessed such act of responsibility in the exchange space?

Totally agree credit where credit is due.

My problem with him and his company is first of all that they just seemed to hate Bitcoin. They will support every other project under the sun ( Except Monero, of course, which is the only other blockchain project that I think has any value, really.) and try to drive people into these lunatic chains and bridges and all kinds of crappy crypto nonsense and just ignore Bitcoin completely.

And then secondly, as a provider of custodial services for all kinds of people and companies, they're just turning into giant honeypot. And things like this are pretty scary when you think about what would happen if somebody could hack some of their cold storage or social engineer enough of their key holders or whatever needed to happen to just Destroy Bitcoin's reputation and price overnight.

And finally, there are rumors about them being a fractional reserve, which they obviously could be.

But I actually think the guy should speak more often, do more PR, maybe more podcasts, because every time I hear him, say something, I like him more. And that has value. So he should talk more often and stop beating up on Bitcoin and trying to push everybody into stupid whiz bang chains.

[cAPSLOCK]

These links provides the most accurate info, I think:

https://finance.yahoo.com/news/coinbase-stock-slips-crypto-exchange-123040251.html

Coinbase said no passwords or customer funds were ever accessed. However, it said names, addresses, phone numbers, email addresses, last four digits of Social Security numbers, masked bank account numbers, and Coinbase account data like "balance snapshots and transaction history" may have been compromised.

They also said that access was from outside of US, but it is not clear where the customers were.

https://www.investing.com/news/stock-market-news/coinbase-discloses-security-breach-expects-impact-of-up-to-400m-4047654

The breach, which Coinbase described as an “extortion attempt,” is said to have started when criminals bribed overseas support contractors to extract internal data affecting less than 1% of monthly transacting users.

The attackers reportedly obtained names, addresses, and phone numbers, as well as masked Social Security [it means just the last four digits] and bank account information, government ID images, and account data.

Coinbase emphasized that the attackers did not gain access to passwords, two-factor authentication codes, private keys, or customer funds.

I think this has to be Coinbase PR, I bolded the really, really important thing that they seem to be trying to slip under the radar.

Say someone has even a reasonably small number of whole Bitcoin on their Coinbase account. That's worth a lot of money nowadays and the attackers know who has Large holdings or even have transferred large amounts off to their own storage and they have their names, addresses, phone numbers, pictures, drivers license, etc. etc. This is very dangerous for people who would be someone worth flying out to with a $5 wrench.

Seriously, if any of you in here fit that description, I would try to find out as quickly as possible if your account was one of the ones compromised. And if so, I don't know what you should do, but you should take some kind of precaution I would think, at least by a gun.

[WatChe]

Oh good grief.  

Nothing to worry. It's just a new norm for us now.

[goldkingcoiner]

Oh good grief.  

Not your keys not your coins
Not your server, not your data.

Stay away from centralized exchanges. They will find ways to extort your KYC as well as your money from you. And they will probably sell your data (passport and so on...) and they will claim it was due to a "hack" to avoid responsiblity.

Incoming identity thefts in 3...2...

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[OutOfMemory]

These links provides the most accurate info, I think:

https://finance.yahoo.com/news/coinbase-stock-slips-crypto-exchange-123040251.html

Coinbase said no passwords or customer funds were ever accessed. However, it said names, addresses, phone numbers, email addresses, last four digits of Social Security numbers, masked bank account numbers, and Coinbase account data like "balance snapshots and transaction history" may have been compromised.

They also said that access was from outside of US, but it is not clear where the customers were.

https://www.investing.com/news/stock-market-news/coinbase-discloses-security-breach-expects-impact-of-up-to-400m-4047654

The breach, which Coinbase described as an “extortion attempt,” is said to have started when criminals bribed overseas support contractors to extract internal data affecting less than 1% of monthly transacting users.

The attackers reportedly obtained names, addresses, and phone numbers, as well as masked Social Security [it means just the last four digits] and bank account information, government ID images, and account data.

Coinbase emphasized that the attackers did not gain access to passwords, two-factor authentication codes, private keys, or customer funds.

I think this has to be Coinbase PR, I bolded the really, really important thing that they seem to be trying to slip under the radar.

Say someone has even a reasonably small number of whole Bitcoin on their Coinbase account. That's worth a lot of money nowadays and the attackers know who has Large holdings or even have transferred large amounts off to their own storage and they have their names, addresses, phone numbers, pictures, drivers license, etc. etc. This is very dangerous for people who would be someone worth flying out to with a $5 wrench.

Seriously, if any of you in here fit that description, I would try to find out as quickly as possible if your account was one of the ones compromised. And if so, I don't know what you should do, but you should take some kind of precaution I would think, at least by a gun.

First of all, it's still don't trust, verify.
But nobody can verify what coinbase is telling us.
So they don't deserve to be trusted, or at least trusted in regards that can be verified.
As far as i correctly understood him (honestly, i don't happen to memorize his name, maybe because i care so little about this guy) in the video message, the customers in scope of the breach are being informed, but i was distracted by people around me while watching it.

But the thing with the gun... This isn't enough. Awareness and gun training are really important. There are also legal issues to take care of if you want to hold or use a gun in different countries. But learning to be aware of your surroundings is key to prepare for possible attacks. The bad boys don't drive up at your house, break open a window and start working you with the wrench, they likely observe and collect information in advance. Unfortunately, as i use powerful optics for one of my hobbies, i know how easy it is to observe from a big distance, which makes the observers much less visible. If one has the money (and a house), a panic room would be a good option, because it can be used by other familiy and household members in an emergency. Thinking of the cut off fingers in France to extort private keys from relatives...
I could go on, this topic can get quite complex, at least we can agree that it sucks more than almost anything else to get your personal data leaked when you're holding Bitcoin.

Not your keys not your coins
Not your server, not your data.

Stay away from centralized exchanges. They will find ways to extort your KYC as well as your money from you. And they will probably sell your data (passport and so on...) and they will claim it was due to a "hack" to avoid responsiblity.

Incoming identity thefts in 3...2...

That's exactly one of the facades of the trust/verify problem.

[AlcoHoDL]

Pumps are certainties.
Dumps are opportunities.
Take me to zero!

#stoichaiku

lead singer has a nice voice but being taken to zero is a bit scary thought for me.

Don't worry, it will stay a thought. Perhaps "add me a zero" would be more fitting, but I wouldn't mind stacking some cheap sats too.

[jojo69]

[OgNasty]

Oh good grief.  

Nothing to worry. It's just a new norm for us now.

Well, everyone will get to see that I took out loan against some of my Bitcoin to buy the last dip. 

Seriously though, this is pretty messed up.  Now the world is going to know I'm an Ethereum holder (Disclaimer: I was given a double digit amount of ETH nearly a decade ago and left it on Coinbase).

The market seems to be mostly shrugging off this news so far.  I'd hate to see our rally derailed, but we have gotten slightly ahead of M2 on "the chart" so a little sideways or slight downward action isn't the end of the world so long as we break $109K before heading back down to retest lows.