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

[El duderino_]

^^
stealing the paper or the device is the same just a very littke of weight difference

[El duderino_]

Good Poirot last few days



 

https://bitcointalk.org/index.php?topic=4710399.160

 

[AlcoHoDL]

^^
stealing the paper or the device is the same just a very littke of weight difference

The difference is, if you steal my TREZOR, you ain't getting my coins... You need both my TREZOR and what's in my brain to get to my coins. But if you steal Jimbo's paper wallets, you already have his coins...

[Totscha]

^^
stealing the paper or the device is the same just a very littke of weight difference

The difference is, if you steal my TREZOR, you ain't getting my coins... You need both my TREZOR and what's in my brain to get to my coins. But if you steal Jimbo's paper wallets, you already have his coins...

IF you have a passphrase https://wiki.trezor.io/Passphrase set up on your Trezor, then your coins are safe if the device is stolen. Not to be confused with the PIN.

Not done simply, but it is possible...

[El duderino_]

^^
stealing the paper or the device is the same just a very littke of weight difference

The difference is, if you steal my TREZOR, you ain't getting my coins... You need both my TREZOR and what's in my brain to get to my coins. But if you steal Jimbo's paper wallets, you already have his coins...

use nano s/blue myself same thing .....

[El duderino_]

stop the red spike down @once !

[Globb0]

I will shrink down like tron and ride the main bus right into the processor to get your keys

[Raja_MBZ]

Happy new year guys!

I hope that 2019 brings:

-more happiness in your lives than 2018
-institutional investors to the bitcoin world (they'll eventually enter the crypto, but the question is, "will it happen in 2019?")

[El duderino_]

I will shrink down like tron and ride the main bus right into the processor to get your keys

yeah thats a possibility

[luckygenough56]

Another fakeout damn this is getting annoying

[bitserve]

Proof of keys? I control my own keys thank you.

Trusted third parties? Isn't that an oxymoron?

I haven't had any coins on an exchange since MtGox. Luckily that mistake only cost me 50BTC. Never again.

Closest thing I have to a trusted third party is my Trezor which I somehow got talked into using against my better judgment. Luckily I only have 5BTC on it. I stopped using it last year after having it for less than half a year.

Obviously cold ("paper" wallet) storage is much more secure. Only I have control over the keys and they're never exposed to the internet except when I sweep a wallet into Mycelium to transfer coins and that's only small amounts for short periods of time.  

This is why it's good to spread your stash between dozens or hundreds of small wallets. My biggest single wallet has a little over 30 coins in it (from pulling out what I had at Cavirtex after being Goxed) but I'm almost scared to sweep it to split it into smaller wallets because that would entail risking that many coins at once by exposing them to the internet.

I suppose I should empty my Trezor on Genesis Block Day as a way to assert ownership of my keys instead of trusting Trezor. Then again why wait until Jan. 3?

Jimbo, rest assured. With a TREZOR, you control the keys. Your seed words are the keys. It's just a different form of storage. On paper, you are storing them using ink. With a TREZOR, they are just electrons in a FLASH memory chip. They are both stored locally. No one else but you has control over them. And TREZOR has the added bonus of protecting your keys in case it's stolen (can't easily read those electrons unless you have the PIN). If your paper wallet gets stolen, your coins are gone (they're just a QR code sweep away)...

Yes, if trezor is as secure as advertised. Do we know this?

This is how much we know: https://www.youtube.com/watch?v=Y1OBIGslgGM

Basically:
The seed and PIN (sic!) can be extracted from a Trezor device. Not simply, but it is doable.

But... If you put a passphrase on the seed, the hacker can do shit...

I discuss the whole content of that video in this thread: https://bitcointalk.org/index.php?topic=5090244.msg48978949#msg48978949

It is in spanish, but if there is some interest I could translate it.

TLDR: All those potential attack vectors requiere physical access to the device among other things. And even if all requirements would be met (which is already enough negligence on the user part) there are also additional countermeasures for additional security (ie. passphrase).

[kurious]

Good Poirot last few days



 

https://bitcointalk.org/index.php?topic=4710399.160

 

Congrats, Globbo.  Micgoosens comp winners are rare beasts.

[kenzawak]

https://deadcoins.com/

A Theresa May Coin, really ?

[bitserve]

^^
stealing the paper or the device is the same just a very littke of weight difference

The difference is, if you steal my TREZOR, you ain't getting my coins... You need both my TREZOR and what's in my brain to get to my coins. But if you steal Jimbo's paper wallets, you already have his coins...

If you are using a passphrase in addition to the Trezor then yes, no matter if they have physical access and dump the seed + PIN which is the most they could get.

Extracting the seed from a Ledger would be WAY harder as it never leaves the secure element once it is set.

[Last of the V8s]

hw wallet vs proper wallet is also discussed in this video https://youtu.be/HTVPteJG8fc amongst much other great stuff

afair no one discusses randomness

use dice and a proto-Altaic word list (or other language with which you are familiar)

or the device in my sig which is the only auditable trng

on the planet

[El duderino_]

Good Poirot last few days



 

https://bitcointalk.org/index.php?topic=4710399.160

 

Congrats, Globbo.  Micgoosens comp winners are rare beasts.

it was a very close one i thought by 4 bucks or something

[Last of the V8s]

Good Poirot last few days

 

https://bitcointalk.org/index.php?topic=4710399.160
 

Congrats, Globbo.  Micgoosens comp winners are rare beasts.

a very close one i thought by 4 bucks or something

His codename was 'The Goose':

[Last of the V8s]

[LFC_Bitcoin]

A year of accumulation & a slow, gradual price increase awaits but Happy New Year gents!

[HairyMaclairy]

Time to wake up Roach