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

[Last of the V8s]

That’s an awfully big latte.  If she drinks that whole thing she will likely jump off the pier.

Nah these young girls nowadays can really handle their long milky drinks.

[1713880022]

1713880022

[1713880022]

1713880022

[1713880022]

1713880022

[1713880022]

1713880022

[1713880022]

1713880022

[HI-TEC99]

I really wish Bitcorn would perk up.

I'm starting to feel a bit morose myself  

Seeing it drop below $6,900 fills me with dread and despair.

* BobLawblaw holds onto The Mayor for comfort and support - a look of horror begins to form

Try not giving a fuck.

[LFC_Bitcoin]

RIP Bitcorn

[HI-TEC99]

RIP Bitcorn

Maybe we're due a double bottom with a good hard pump straight afterwards.

[LFC_Bitcoin]

RIP Bitcorn

Maybe we're due a double bottom with a good hard pump straight afterwards.

Dunno. This is frustrating though, feels like 2014 again.

[HI-TEC99]

RIP Bitcorn

Maybe we're due a double bottom with a good hard pump straight afterwards.

Dunno. This is frustrating though, feels like 2014 again.

In 2014 we had a double top at $600+ in August and everyone was optimistic. The recent $8500 top has no matching April/May top, and everyone's pessimistic. That sounds bullish to me. Bitcoin usually does the opposite to the prevailing sentiment.

Or maybe I'm wrong and we can play bagholder bingo instead.

[JayJuanGee]

A high entrance fee like that will keep the riff-raff out. I'll be the banker.

Naw dude, just sign the invitation from a funded-enough address, to have the address/location/country/planet/galaxy revealed.

No need for bankers or people to HODL admission funds :-)

We have the technology.

just don't bring a phone with funds to this future meetup, witness recent SIM-jacking of crypto conferences attendees (lost $5 mil).

Do you have a link?

yeah
https://www.techspot.com/news/75750-20-year-old-college-student-hacked-40-phones.html

Yes.  Thanks for that further elaboration.  The linked article seems to provide additional information pertaining to an example of to "force port" cell phones, which is a subject matter that we had discussed several times, recently, in this thread.

Part of the punch line remains that everyone with crypto currencies should take various security measures to protect their cell phone information - and provide additional passwords; furthermore, the crypto does not even have to be "on the phone" in order for the forced phone porting to be used as an effective method for hackers to take control of various crypto accounts/wallets that you might have secured with your phone (including sms verification) or other accounts that might use your phone as a means of identifying you.

I mentioned before, and it seems to bear repeating, that USA law provides that all a person needs to have, in order to force port your phone is your phone number and your telephone account number.. which might not be too difficult to obtain.  However, the article mentioned that there are additional ways that you can attempt to protect your phone account by providing a password or extra security with your phone carrier.. which makes it more difficult (but still not impossible) for a determined crypto stealing hacker.

[HairyMaclairy]

How about never using sms as 2FA.

[JayJuanGee]

How about never using sms as 2FA.

I think that not using sms is more possible now, but there are some services that still lag in that regard. Of course, google authenticator and authy provide additional protection, but there is also an issue if you have an account, and you don't set any of that up, then a hacker who gets into your account could set such security up in your name.  So the solution is not completely simple, and hackers are both sophisticated and more specialized, these days, because bitcoin (and other cryptos) brings a certain amount of getting away with it value (difficult to trace and not reversible once successful).  

In other words, sometimes you might not recognize some certain security holes that you might have until they get exploited... and it is kind of fucked, too, if you have a lot of passwords and devices and you end up losing your device and/or access and have to verify yourself to get reset on the systems.  There's no easy solution and personal security in cryptolandia (we talking about bitcoin, right?) remains an evolving target.

[HI-TEC99]

There's no easy solution and personal security in cryptolandia (we talking about bitcoin, right?) remains an evolving target.

Even printers are now a vector to attack your computer through. HP is releasing firmware patches for vulnerabilities in its printers.


https://www.theregister.co.uk/2018/08/03/hp_printer_malware/

[jbreher]

When there is that party Somewhere @ 2022-ish @ a TOP-secret (only for coiners/WO members) location i would absolutly BE in to Co-organize the first multi trilion dollar entity party
Some small point like
-only 3* chefs
- luxury island
-private pick up
....... finest booze with No end etc.....

Noble task. You may want to speak with 600watt before you commit.

[B1tUnl0ck3r]

When there is that party Somewhere @ 2022-ish @ a TOP-secret (only for coiners/WO members) location i would absolutly BE in to Co-organize the first multi trilion dollar entity party
Some small point like
-only 3* chefs
- luxury island
-private pick up
....... finest booze with No end etc.....

Noble task. You may want to speak with 600watt before you commit.

maybe add a little temple with underground tunnels and a burn pit to dispose the bodies of the underage sex slaves?

[kurious]

Nope.  Some people here are reasonably well-read, old chap.  Not enough for a decent WO book club, mind.

[kurious]

Interesting observation from Yuval Noah Harari, found within a treatise on society's long-standing relationship with Fake News:

"You might argue that, at least in some cases, it is possible to organise people effectively through consensual agreements rather than through fictions and myths. Thus in the economic sphere, money and corporations bind people together far more effectively than any god or holy book, even though everyone knows that they are just a human convention. In the case of a holy book, a true believer would say “I believe that the book is sacred” while, in the case of the dollar, a true believer would say only that “I believe that other people believe that the dollar is valuable”. It is obvious that the dollar is just a human creation, yet people all over the world respect it. If so, why can’t humans abandon all myths and fictions, and organise themselves on the basis of consensual conventions such as the dollar?

Such conventions, however, are not clearly distinct from fiction. The difference between holy books and money, for example, is far smaller than it may seem at first sight. When most people see a dollar bill, they forget that it is just a human convention. As they see the green piece of paper with the picture of the dead white man, they see it as something valuable in and of itself. Hence in practice there is no strict division between knowing that something is just a human convention and believing that something is inherently valuable. In many cases, people are ambiguous or forgetful about this division."

https://www.theguardian.com/culture/2018/aug/05/yuval-noah-harari-extract-fake-news-sapiens-homo-deus

Read Sapiens, it's damn good and a brilliant treatise on the history of mankind and the concept of myths.  Deus, the follow-up is pretty good too.  Just don't tell Roach, he won't approve.

[B1tUnl0ck3r]

Nope.  Some people here are reasonably well-read, old chap.  Not enough for a decent WO book club, mind.

no they all left, mostly paid pedo shills covering for the crime of the american oligarchs and a few bag holders... anyway, do what you want with your fiat or energyintensive ledger entries...

have fun folks.

[JimboToronto]

There's no easy solution and personal security in cryptolandia (we talking about bitcoin, right?) remains an evolving target.

Even printers are now a vector to attack your computer through. HP is releasing firmware patches for vulnerabilities in its printers.


https://www.theregister.co.uk/2018/08/03/hp_printer_malware/

Old news.

My printer has only ever been connected to PCs without internet access and then only through an actual cable. If there's no ethernet cable and no wifi card there's no way to get in.

People get lazy and complacent and leave themselves vulnerable. Everything about paper wallets being the most secure form of cold storage goes out the window if you're careless about leaving images of private keys lying about.

I think print-spooler buffers have been a target for years.

[kurious]

For certain purposes it's necessary to determine the logical cross-bearings of the concepts which we take for granted. But honestly, is there a single not obvious thing in here. You really thought I needed a reintroduction to basic financial literacy by way of cringe-y homespun wisdoms?

Now I'm even more morose!

Aww, don't go down that road. It's closed anyway.

You do find pics of some rather fetching looking ladies, V8.

[Elwar]

There's no easy solution and personal security in cryptolandia (we talking about bitcoin, right?) remains an evolving target.

Even printers are now a vector to attack your computer through. HP is releasing firmware patches for vulnerabilities in its printers.


https://www.theregister.co.uk/2018/08/03/hp_printer_malware/

Old news.

My printer has only ever been connected to PCs without internet access and then only through an actual cable. If there's no ethernet cable and no wifi card there's no way to get in.

People get lazy and complacent and leave themselves vulnerable. Everything about paper wallets being the most secure form of cold storage goes out the window if you're careless about leaving images of private keys lying about.

I think print-spooler buffers have been a target for years.

I used to get root through the printer port on an old Sun system in college. su - sp1 (or something like that). So easy.

[V1lpu]

[STT]

Opportunity cost, maybe the car enabled further earnings and its ok :p   but yea depreciating asset, I dont see how the 2003 taurus required every penny

Current action holds the 50 day average still, not sure if thats the reason as some trader refers to 'waves' and support here in other frames of reference.    I see a channel top here however this is just short term/this month



If it breaks out it shouldnt stop at 7320 but thats the first rest