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

[Torque]

My personal experience, while anecdotal, is contradictory. I'm the GM of a construction company. We've had a very hard time finding workers for the last several years. We've had to significantly boost our rates of pay and benefits to workers. Also, we've had so much work, that we've been having to turn projects away every year. All of our subcontractors, competitors, etc. who I've talked to are in the same boat.

Would have to agree.  In a tech related industry rather than construction but it has gotten to the point where our staff are getting poached faster than we can train them. Historically we have always trained our own but have now started poaching trained people from elsewhere for the first time.  

But you guys are looking at the wrong demographic. The major group that left the workforce after 2009 and never came back were between the ages of 50-65. And that is a HUGE number of the population. These were high salary positions (e.g., VPs, upper middle managers, engineers, directors, etc.) and people who contributed greatly to the vast consumerism going on pre-2008.

And they didn't voluntarily leave the workforce. They were pushed out (ie., laid off, encouraged early retirement, etc.) Ageism is what is not letting them back into the workforce at the same pay rate they had been enjoying before. Most have decided to downscale their lifestyle drastically, pay off debts, and rely on their savings, investments, spouse, and/or SS to continue living. Some part time work. Others have had to take drastic salary cuts just to work full time again.

Especially in IT/Tech, look around. How many people employed in that field do you see over the age of 45? 40? Or even 35? Not many. Definitely no one 50-65 yrs old.

[1713878383]

1713878383

[1713878383]

1713878383

[RoomBot]

I'm always #bullish, but why can't honey badger keep up with this thread?

[bitserve]

https://www.bloomberg.com/news/features/2018-10-04/the-big-hack-how-china-used-a-tiny-chip-to-infiltrate-america-s-top-companies

These servers were assembled for Elemental by Super Micro Computer Inc., a San Jose-based company (commonly known as Supermicro) that’s also one of the world’s biggest suppliers of server motherboards

No single evidence of those claims been presented though. #justsaying

I haven't done any research into this but here is more.

https://www.bloomberg.com/news/articles/2018-10-09/new-evidence-of-hacked-supermicro-hardware-found-in-u-s-telecom

I'm not sure what is going on ATM. Something weird is afoot.

https://www.servethehome.com/yossi-appleboum-disagrees-bloomberg-is-positioning-his-research-against-supermicro/

citing Yossi Appleboum CEO of Sepio Systems. Here is that story. I reached out to Mr. Appleboum for comment via telephone. Whereas the Bloomberg story singles out Supermicro servers, Mr. Appleboum’s sentiment is that this is an industrywide issue. Other very large server and networking manufacturers are certainly impacted, perhaps more so. He also stated that as an industry, or a society, we have two options: we go with the narrative that a US company, Supermicro, is the only one impacted as the Bloomberg reporting suggests, or we recognize that this is a persistent threat that impacts the entire hardware supply chain

FUD.

He is talking about a well known POTENTIAL attack vector. Still no evidence of the specific claims which, btw, don't make many sense:

1- Bloomberg initially pointed to supermicro servers and, specifically, a small microchip embedded into the board. Where is that microchip? Where is the research? Anything?
2- Then Appleboum says Bloomberg misquoted him because he never said anything specific (ie, Supermicro) but that it is a widespread problem.Well, again, where are their forensic evidence? Anything?
3- The description of the embedded chip doesn't make any sense. Of course, that is unsurprising when it comes to MSM but.... in this case it is not possible to check the facts from the technical sources because.... where is it? Anything?
4- I would certainly be greatly interested in knowing more about that spectacular microchip the size of a tiny SMC capacitor that features integrated cpu, ram, etc and is able to work and process at baseband frequencies. THAT is the evidence I would like to see, no matter if it has been used on a large scale attack or not.

Even though there is not evidence of this case, as I said it is a well known possible attack vector (usually by replacement in-situ or in the last stages on the supply chain not at manufacturing) and there are many countermeasures that are security best practices since many years: Isolated networks/segmentation, Data leak detection/prevention, etc....

It is way easier to implement this attacks by firmware modification though... Anyway, not going to completely shit over what they are saying because it is theoretical posible but until no specific evidence is shown I tag it as (plausible) FUD.

[BotanicKilt]

What can be more bullish than this?

[jojo69]

booooooooo0oring

[HairyMaclairy]

Kucoin closes USDT deposits and withdrawals for maintenance. 

https://news.kucoin.com/en/usdt-deposits-and-withdrawals-temporarily-closed-2/

[realr0ach]

The notorious Jew shills of Saudi Arabia:

https://www.zerohedge.com/news/2018-10-14/did-saudis-cia-fear-khashoggi-911-bombshell

[Hueristic]

https://www.bloomberg.com/news/features/2018-10-04/the-big-hack-how-china-used-a-tiny-chip-to-infiltrate-america-s-top-companies

These servers were assembled for Elemental by Super Micro Computer Inc., a San Jose-based company (commonly known as Supermicro) that’s also one of the world’s biggest suppliers of server motherboards

No single evidence of those claims been presented though. #justsaying

I haven't done any research into this but here is more.

https://www.bloomberg.com/news/articles/2018-10-09/new-evidence-of-hacked-supermicro-hardware-found-in-u-s-telecom

I'm not sure what is going on ATM. Something weird is afoot.

https://www.servethehome.com/yossi-appleboum-disagrees-bloomberg-is-positioning-his-research-against-supermicro/

citing Yossi Appleboum CEO of Sepio Systems. Here is that story. I reached out to Mr. Appleboum for comment via telephone. Whereas the Bloomberg story singles out Supermicro servers, Mr. Appleboum’s sentiment is that this is an industrywide issue. Other very large server and networking manufacturers are certainly impacted, perhaps more so. He also stated that as an industry, or a society, we have two options: we go with the narrative that a US company, Supermicro, is the only one impacted as the Bloomberg reporting suggests, or we recognize that this is a persistent threat that impacts the entire hardware supply chain

FUD.

He is talking about a well known POTENTIAL attack vector. Still no evidence of the specific claims which, btw, don't make many sense:

1- Bloomberg initially pointed to supermicro servers and, specifically, a small microchip embedded into the board. Where is that microchip? Where is the research? Anything?
2- Then Appleboum says Bloomberg misquoted him because he never said anything specific (ie, Supermicro) but that it is a widespread problem.Well, again, where are their forensic evidence? Anything?
3- The description of the embedded chip doesn't make any sense. Of course, that is unsurprising when it comes to MSM but.... in this case it is not possible to check the facts from the technical sources because.... where is it? Anything?
4- I would certainly be greatly interested in knowing more about that spectacular microchip the size of a tiny SMC capacitor that features integrated cpu, ram, etc and is able to work and process at baseband frequencies. THAT is the evidence I would like to see, no matter if it has been used on a large scale attack or not.

Even though there is not evidence of this case, as I said it is a well known possible attack vector (usually by replacement in-situ or in the last stages on the supply chain not at manufacturing) and there are many countermeasures that are security best practices since many years: Isolated networks/segmentation, Data leak detection/prevention, etc....

It is way easier to implement this attacks by firmware modification though... Anyway, not going to completely shit over what they are saying because it is theoretical posible but until no specific evidence is shown I tag it as (plausible) FUD.

No he states that there is a chip embedded in a replaced rj-45 connector and you can tell the difference between the two boards as the un modified one has plastic enclosure while the modified one has a metal casing that doubles as a heat sink. He cannot show anything concrete because of the NDA gag but that cannot stop him from reporting the fact the hack has been found. Just like the one that infiltrated AWS and APPLE as well as a few other places in 2015.

Ask yourself this. Would Supermicro allow FUD that dropped their stock 50% go unchallenged in court unless they knew they would lose? Discovery trumps NDA so if they sue then the evidence can be presented.

[elrippos friend]

Muuuuuaaaaahhhhhaaaaahhhhhhaaaaaaaa 

[alevlaslo]

Bitcoin or altcoins now?

[bitserve]

$250 BFX / BITSTAMP Spread

P.S.: $300 now

[kellogsblocks]

Next Bart is forming. 

[serveria.com]

PUMP! PUMP! PUMP! Poooomp eeeet!   

[criptix]

Boom

[HairyMaclairy]

Nice squeeze

[El duderino_]

booooooooo0oring

Monday pump perhaps?

[xhomerx10]

WTF is happening?  Anybody know the reason for the big green dildo?

[vroom]

where are the rocket gifs? you guys lost your spirit during the bear market?

[jojo69]

oh boy

[El duderino_]

WTF is happening?  Anybody know the reason for the big green dildo?

Yes, my hairdresser bought Some BTC’s this morning