HairyMaclairy
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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July 29, 2019, 09:51:47 PM |
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This Truecrypt wallet doesn’t need exist. Give it up guys.
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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July 29, 2019, 09:55:02 PM |
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FUCKING SHIT IF YOU ARE GOING TO GO UP GO UP ALREADY AND MAKE ME RICH FFS IF YOU ARE GOING TO GO DOWN GO FUCKIN DOWN SO I CAN BUY MORE ...and i thought $5k was bad. Getting stuck at $9-10k feels so disgusting. Don't want to buy many because dunno if it is going to go up sharply or go down and create more buy opportunities. Sorry for caps, i lost myself a bit. Just wanted to shout. Dude. I am DCAing a leveraged long position right now. Very low leverage - well under 1:1. My current dollar cost average is $10,500 and I am totally relaxed because every slight chip down in the price just lowers my DCA. Adapt to the price. Don’t fight it. We are in a bull market. The price will go up again. You will have what you are looking for.
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Ludwig Von
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July 29, 2019, 10:29:25 PM |
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FUCKING SHIT IF YOU ARE GOING TO GO UP GO UP ALREADY AND MAKE ME RICH FFS IF YOU ARE GOING TO GO DOWN GO FUCKIN DOWN SO I CAN BUY MORE ...and i thought $5k was bad. Getting stuck at $9-10k feels so disgusting. Don't want to buy many because dunno if it is going to go up sharply or go down and create more buy opportunities. Sorry for caps, i lost myself a bit. Just wanted to shout. Dude. I am DCAing a leveraged long position right now. Very low leverage - well under 1:1. My current dollar cost average is $10,500 and I am totally relaxed because every slight chip down in the price just lowers my DCA. Adapt to the price. Don’t fight it. We are in a bull market. The price will go up again. You will have what you are looking for. Suddenly I feel very comfortable about my dollar, Euro in my case, average cost. I always tought that since I only took the step in early 2017 after the Gox debacle that had driven me out, I must be on the higher level of average cost among WO habituees... . And actually, by taking JJG ladder strategies and tactics serious, my average cost is lowering month after month. (Except if we hang around with only some red-green dildo battles of course).
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JayJuanGee
Legendary
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Activity: 3864
Merit: 10955
Self-Custody is a right. Say no to"Non-custodial"
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July 29, 2019, 10:35:16 PM |
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FUCKING SHIT IF YOU ARE GOING TO GO UP GO UP ALREADY AND MAKE ME RICH FFS IF YOU ARE GOING TO GO DOWN GO FUCKIN DOWN SO I CAN BUY MORE ...and i thought $5k was bad. Getting stuck at $9-10k feels so disgusting. Don't want to buy many because dunno if it is going to go up sharply or go down and create more buy opportunities. Sorry for caps, i lost myself a bit. Just wanted to shout. Dude. I am DCAing a leveraged long position right now. Very low leverage - well under 1:1. My current dollar cost average is $10,500 and I am totally relaxed because every slight chip down in the price just lowers my DCA. Adapt to the price. Don’t fight it. We are in a bull market. The price will go up again. You will have what you are looking for. Remember that Hairy is pretty experience in this arena.. so careful with anyone using any kind of leverage at all.. Usually the use of any kind of leverage magnifies the potential for both losses and gains, and is not easy to use for the vast majority of folks can just get into bitcoin and accumulate BTC with simple dollar cost averaging and buying on dips.. and that should be risky enough because it surely is not guaranteed to go up (even if decent odds, such as being in a bull market, which I agree with hairy about that)... but still bitcoin is an asymmetric bet, so guys and gal can still make a lot of money without employing leveraging strategies.
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criptix
Legendary
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Activity: 2464
Merit: 1145
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July 29, 2019, 10:39:32 PM |
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FUCKING SHIT IF YOU ARE GOING TO GO UP GO UP ALREADY AND MAKE ME RICH FFS IF YOU ARE GOING TO GO DOWN GO FUCKIN DOWN SO I CAN BUY MORE ...and i thought $5k was bad. Getting stuck at $9-10k feels so disgusting. Don't want to buy many because dunno if it is going to go up sharply or go down and create more buy opportunities. Sorry for caps, i lost myself a bit. Just wanted to shout. Dude. I am DCAing a leveraged long position right now. Very low leverage - well under 1:1. My current dollar cost average is $10,500 and I am totally relaxed because every slight chip down in the price just lowers my DCA. Adapt to the price. Don’t fight it. We are in a bull market. The price will go up again. You will have what you are looking for. Remember that Hairy is pretty experience in this arena.. so careful with anyone using any kind of leverage at all.. Usually the use of any kind of leverage magnifies the potential for both losses and gains, and is not easy to use for the vast majority of folks can just get into bitcoin and accumulate BTC with simple dollar cost averaging and buying on dips.. and that should be risky enough because it surely is not guaranteed to go up (even if decent odds, such as being in a bull market, which I agree with hairy about that)... but still bitcoin is an asymmetric bet, so guys and gal can still make a lot of money without employing leveraging strategies. That is only partly correct. So you can go 1x or lower leverage and actually use your BTC as collateral to buy more BTC or hedge against a BTC/USD drop. It is actually VERY safe to do, if you understand what you are doing. And to be honest i would advise every single one of you to actually inform yourself about it and try it out. You will be able to quite safely preserve your USD value while being able to increase your BTC stack without being forced to add additional fiat. Of course this is not for free, hedging or betting wrong has always a cost, but you have to accept this possible loss and can minimize it with proper risk managment.
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Saint-loup
Legendary
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Activity: 2758
Merit: 2416
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Massive Crypto Whales Move 318,649 BTC Worth $3 Billion in Just Six HoursIn a matter of just six hours, whales have moved 318,649 BTC worth more than $3 billion. All of the transfers happened between wallets of unknown origin. This indicates the crypto may have changed hands in over-the-counter (OTC) sales, or the users decided to shift funds to new wallets for security. So far, none of the BTC appears to be headed to crypto exchanges, where it could be traded on the open market and have an impact on the price of Bitcoin. https://dailyhodl.com/2019/07/29/massive-crypto-whales-move-318649-btc-worth-3-billion-in-just-six-hours/
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El duderino_
Legendary
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Activity: 2660
Merit: 13006
BTC + Crossfit, living life.
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July 29, 2019, 10:46:37 PM |
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FUCKING SHIT IF YOU ARE GOING TO GO UP GO UP ALREADY AND MAKE ME RICH FFS IF YOU ARE GOING TO GO DOWN GO FUCKIN DOWN SO I CAN BUY MORE ...and i thought $5k was bad. Getting stuck at $9-10k feels so disgusting. Don't want to buy many because dunno if it is going to go up sharply or go down and create more buy opportunities. Sorry for caps, i lost myself a bit. Just wanted to shout. Dude. I am DCAing a leveraged long position right now. Very low leverage - well under 1:1. My current dollar cost average is $10,500 and I am totally relaxed because every slight chip down in the price just lowers my DCA. Adapt to the price. Don’t fight it. We are in a bull market. The price will go up again. You will have what you are looking for. Or is this area the ..... we are in a bullying market?? btw, I always do adapt to survive, similar as in that X-men movie .....Time to HODLsleep Goodnight brothers of the Wall
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El duderino_
Legendary
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Activity: 2660
Merit: 13006
BTC + Crossfit, living life.
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July 29, 2019, 10:58:26 PM |
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TrueCrypt is a very powerful encryption s/w. I use it every day at work (I'm handling highly classified data and I rely on it for their protection). However, if the passphrase is poorly chosen (say, something like "iLOVEbitcointalkBECAUSEitMAKESmeHAPPY"), then it can be very easily cracked using a $200 PC. Just because you're using TrueCrypt doesn't necessarily mean your data is secure. It's how you use it that matters. It's like choosing "1234" as your credit card PIN. It's not the algorithm that's weak, it's the user that's dumb.
So, the fact that the wallet is protected by TrueCrypt doesn't guarantee anything...
But... We're talking about Satoshi here, so I'm sure he has used a cryptographically strong passphrase.
IMO iLOVEbitcointalkBECAUSEitMAKESmeHAPPY is a strong password and can not be cracked easily with a $200 PC. But I would add at least one number and a special character. A +30 character PW Will always be strong..... Of-course to add a special character and number probably make it more strong
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Saint-loup
Legendary
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Activity: 2758
Merit: 2416
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July 29, 2019, 10:59:14 PM |
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FUCKING SHIT IF YOU ARE GOING TO GO UP GO UP ALREADY AND MAKE ME RICH FFS IF YOU ARE GOING TO GO DOWN GO FUCKIN DOWN SO I CAN BUY MORE ...and i thought $5k was bad. Getting stuck at $9-10k feels so disgusting. Don't want to buy many because dunno if it is going to go up sharply or go down and create more buy opportunities. Sorry for caps, i lost myself a bit. Just wanted to shout. Dude. I am DCAing a leveraged long position right now. Very low leverage - well under 1:1. My current dollar cost average is $10,500 and I am totally relaxed because every slight chip down in the price just lowers my DCA. Adapt to the price. Don’t fight it. We are in a bull market. The price will go up again. You will have what you are looking for. Or is this area the ..... we are in a bullying market?? btw, I always do adapt to survive, similar as in that X-men movie .....Time to HODLsleep Goodnight brothers of the Wall
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fillippone
Legendary
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Activity: 2310
Merit: 16501
Fully fledged Merit Cycler - Golden Feather 22-23
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July 29, 2019, 11:01:22 PM |
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TrueCrypt is a very powerful encryption s/w. I use it every day at work (I'm handling highly classified data and I rely on it for their protection). However, if the passphrase is poorly chosen (say, something like "iLOVEbitcointalkBECAUSEitMAKESmeHAPPY"), then it can be very easily cracked using a $200 PC. Just because you're using TrueCrypt doesn't necessarily mean your data is secure. It's how you use it that matters. It's like choosing "1234" as your credit card PIN. It's not the algorithm that's weak, it's the user that's dumb.
So, the fact that the wallet is protected by TrueCrypt doesn't guarantee anything...
But... We're talking about Satoshi here, so I'm sure he has used a cryptographically strong passphrase.
IMO iLOVEbitcointalkBECAUSEitMAKESmeHAPPY is a strong password and can not be cracked easily with a $200 PC. But I would add at least one number and a special character. A +30 character PW Will always be strong..... Of-course to add a special character and number probably make it more strong When i see this kind of discussion there only one things that comes into mind. the always relevant XKCD: https://xkcd.com/936/If you check your password into this site, well, they are pretty secure apparently https://howsecureismypassword.net/(no, CorrectHorseBatteryStaple is not secure, actually)
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degxtra1
Member
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Activity: 234
Merit: 46
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July 29, 2019, 11:04:57 PM Merited by JayJuanGee (1) |
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Massive Crypto Whales Move 318,649 BTC Worth $3 Billion in Just Six Hours
In a matter of just six hours, whales have moved 318,649 BTC worth more than $3 billion. All of the transfers happened between wallets of unknown origin.
Seems they took advantage of very low transaction fees. BTW Croach, do you know how much will cost sending 66 tons of gold from your seller to attic ?
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El duderino_
Legendary
Offline
Activity: 2660
Merit: 13006
BTC + Crossfit, living life.
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July 29, 2019, 11:05:22 PM |
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TrueCrypt is a very powerful encryption s/w. I use it every day at work (I'm handling highly classified data and I rely on it for their protection). However, if the passphrase is poorly chosen (say, something like "iLOVEbitcointalkBECAUSEitMAKESmeHAPPY"), then it can be very easily cracked using a $200 PC. Just because you're using TrueCrypt doesn't necessarily mean your data is secure. It's how you use it that matters. It's like choosing "1234" as your credit card PIN. It's not the algorithm that's weak, it's the user that's dumb.
So, the fact that the wallet is protected by TrueCrypt doesn't guarantee anything...
But... We're talking about Satoshi here, so I'm sure he has used a cryptographically strong passphrase.
IMO iLOVEbitcointalkBECAUSEitMAKESmeHAPPY is a strong password and can not be cracked easily with a $200 PC. But I would add at least one number and a special character. A +30 character PW Will always be strong..... Of-course to add a special character and number probably make it more strong When i see this kind of discussion there only one things that comes into mind. the always relevant XKCD: https://xkcd.com/936/If you check your password into this site, well, they are pretty secure apparently https://howsecureismypassword.net/(no, CorrectHorseBatteryStaple is not secure, actually) via Imgflip Meme GeneratorThx good to know
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fillippone
Legendary
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Activity: 2310
Merit: 16501
Fully fledged Merit Cycler - Golden Feather 22-23
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July 29, 2019, 11:07:02 PM Last edit: May 16, 2023, 07:29:16 AM by fillippone |
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TrueCrypt is a very powerful encryption s/w. I use it every day at work (I'm handling highly classified data and I rely on it for their protection). However, if the passphrase is poorly chosen (say, something like "iLOVEbitcointalkBECAUSEitMAKESmeHAPPY"), then it can be very easily cracked using a $200 PC. Just because you're using TrueCrypt doesn't necessarily mean your data is secure. It's how you use it that matters. It's like choosing "1234" as your credit card PIN. It's not the algorithm that's weak, it's the user that's dumb.
So, the fact that the wallet is protected by TrueCrypt doesn't guarantee anything...
But... We're talking about Satoshi here, so I'm sure he has used a cryptographically strong passphrase.
IMO iLOVEbitcointalkBECAUSEitMAKESmeHAPPY is a strong password and can not be cracked easily with a $200 PC. But I would add at least one number and a special character. A +30 character PW Will always be strong..... Of-course to add a special character and number probably make it more strong When i see this kind of discussion there only one things that comes into mind. the always relevant XKCD: https://xkcd.com/936/If you check your password into this site, well, they are pretty secure apparently https://howsecureismypassword.net/(no, CorrectHorseBatteryStaple is not secure, actually) via Imgflip Meme GeneratorThx good to know I am sure we will have other problems to solve by then.
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Biodom
Legendary
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Activity: 3906
Merit: 4373
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July 29, 2019, 11:10:49 PM Merited by JayJuanGee (1) |
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criptix
Legendary
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Activity: 2464
Merit: 1145
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July 29, 2019, 11:18:54 PM |
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TrueCrypt is a very powerful encryption s/w. I use it every day at work (I'm handling highly classified data and I rely on it for their protection). However, if the passphrase is poorly chosen (say, something like "iLOVEbitcointalkBECAUSEitMAKESmeHAPPY"), then it can be very easily cracked using a $200 PC. Just because you're using TrueCrypt doesn't necessarily mean your data is secure. It's how you use it that matters. It's like choosing "1234" as your credit card PIN. It's not the algorithm that's weak, it's the user that's dumb.
So, the fact that the wallet is protected by TrueCrypt doesn't guarantee anything...
But... We're talking about Satoshi here, so I'm sure he has used a cryptographically strong passphrase.
IMO iLOVEbitcointalkBECAUSEitMAKESmeHAPPY is a strong password and can not be cracked easily with a $200 PC. But I would add at least one number and a special character. A +30 character PW Will always be strong..... Of-course to add a special character and number probably make it more strong When i see this kind of discussion there only one things that comes into mind. the always relevant XKCD: https://xkcd.com/936/If you check your password into this site, well, they are pretty secure apparently https://howsecureismypassword.net/(no, CorrectHorseBatteryStaple is not secure, actually) via Imgflip Meme GeneratorThx good to know They just got your password lewl
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fillippone
Legendary
Offline
Activity: 2310
Merit: 16501
Fully fledged Merit Cycler - Golden Feather 22-23
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July 29, 2019, 11:24:39 PM Last edit: May 16, 2023, 07:29:11 AM by fillippone |
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TrueCrypt is a very powerful encryption s/w. I use it every day at work (I'm handling highly classified data and I rely on it for their protection). However, if the passphrase is poorly chosen (say, something like "iLOVEbitcointalkBECAUSEitMAKESmeHAPPY"), then it can be very easily cracked using a $200 PC. Just because you're using TrueCrypt doesn't necessarily mean your data is secure. It's how you use it that matters. It's like choosing "1234" as your credit card PIN. It's not the algorithm that's weak, it's the user that's dumb.
So, the fact that the wallet is protected by TrueCrypt doesn't guarantee anything...
But... We're talking about Satoshi here, so I'm sure he has used a cryptographically strong passphrase.
IMO iLOVEbitcointalkBECAUSEitMAKESmeHAPPY is a strong password and can not be cracked easily with a $200 PC. But I would add at least one number and a special character. A +30 character PW Will always be strong..... Of-course to add a special character and number probably make it more strong When i see this kind of discussion there only one things that comes into mind. the always relevant XKCD: https://xkcd.com/936/If you check your password into this site, well, they are pretty secure apparently https://howsecureismypassword.net/(no, CorrectHorseBatteryStaple is not secure, actually) via Imgflip Meme GeneratorThx good to know They just got your password lewl DAMN!
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jojo69
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Activity: 3318
Merit: 4602
diamond-handed zealot
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July 29, 2019, 11:46:32 PM |
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IMO iLOVEbitcointalkBECAUSEitMAKESmeHAPPY is a strong password and can not be cracked easily with a $200 PC. But I would add at least one number and a special character.
that's what I was thinking, it passes the "correct horse battery staple" test edit/ ahhh yes, I see this is most adequately covered above, good job guys
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jojo69
Legendary
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Activity: 3318
Merit: 4602
diamond-handed zealot
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July 29, 2019, 11:49:49 PM |
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(no, CorrectHorseBatteryStaple is not secure, actually)
15 octillion years is not secure??
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Biodom
Legendary
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Activity: 3906
Merit: 4373
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July 29, 2019, 11:59:10 PM |
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IMO iLOVEbitcointalkBECAUSEitMAKESmeHAPPY is a strong password and can not be cracked easily with a $200 PC. But I would add at least one number and a special character.
that's what I was thinking, it passes the "correct horse battery staple" test edit/ ahhh yes, I see this is most adequately covered above, good job guys I dunno, the above example sound pretty much like a 'brain wallet' that turned out to be very hackable. It reminds me of a strange coincidence few years ago when in Megamillions (one of two US lotteries) four out of six numbers were those also depicted in a recently screened show "Lost". The end result was that more than 41K people won (much, much higher than expected). They thought at first that someone hacked the lottery. A funny thing: if just one more number (a fifth one) would be chosen out of the "Lost" numbers, then the lottery would have gone bankrupt as they promised to pay 250K to EVERYONE who wins five numbers (out of six). 250KX41K=$10 billion. EOL. https://www.huffpost.com/entry/hurleys-lost-numbers-win-fans-mega-millions-lottery-money_n_804723
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jbreher
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Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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July 30, 2019, 12:07:43 AM Last edit: July 30, 2019, 12:31:24 AM by jbreher |
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There is an objective: unfucken the protocol, returning it to the original version.
So the original version called for bitcoin acting as a file and data storage service? Call for? No. Allow for? Yes. Remember - permissionless.
And a service that will have to be run by nation states and/or giant corporations, and will be permissioned, censored and controlled by them?
Read moar. There are no hooks within the protocol to bar any entrant's participation. (assuming it can work at all)
Incidentally, it is working splendidly so far.
The shills from the BSV camp want bitcoin to be a centralized, corporate tool.
Where the hell do you get this tripe? That statement has no basis in fact whatsoever.
I read somewhere that CSW has in his possession a wallet belonging to Satoshi or one of his close friends (can't remember the details). He is currently using a huge computer farm to brute-force it open and get hold of the private key.
Riiiight. You 'read somewhere'. Care to post a citation? Seems you also have no understanding of Bitcoin. Why would Satoshi choose a less secure cryptographic scheme to secure all his private keys, when he already employs a much more secure cryptographic scheme to define each private key? Answer: It defies credulity to assume this to be true.
Definitely difficult to understand how a kind of "infinite" block size brings bitcoin "back" to its roots.
Other than the fact that Satoshi's original release had no set limit on block size. Well, there is that.
If you check your password into this site, well, they are pretty secure apparently https://howsecurei;dkjxdfbglkjzdsf g;usmypassword.net/ Why the heck would anyone be foolish enough to enter their password into an online password strength checker?
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