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

[Hueristic]

Busy at the moment so do not have more than 10 seconds to spare. But from Wikipedia:

The Sixteenth Amendment was ratified by the requisite number of states on February 3, 1913, and effectively overruled the Supreme Court's ruling in Pollock.

Also from Wikipedia:

Sixteenth Amendment ratification arguments have been rejected in every court case where they have been raised and have been identified as legally frivolous.[3]

I am confident the other listed arguments are equally as frivolous.

Wikipedia is about as trustworthy and main stream media is, on topics involving government deception.

Well here's something I think we all can agree on!

I wouldn't have near the problem with the US tax system if it were not so purposefully opaque and complex.  It is fucking maddening.

A person of average education should be able to navigate their responsibilities, but no, we have spawned a system so labyrinthine that we have a whole class of preparers that have to go back to school every year to keep abreast of the changes.

Being unwilling to pay ones share toward the common good and balking at a setup intentionally crafted to confuse are two entirely different things.

This as well.

Do you have a link to such a suggestion to put ETH on bcash.. I thought that was just a joke or FUD rather than real considerations.

Would not put anything past those various dweebs, and it may be good for some of them to band together in their efforts to pool resources, and brains against the foundational superiority of king-daddy bitcoin.

https://ethresear.ch/t/bitcoin-cash-a-short-term-data-availability-layer-for-ethereum/5735

https://cointelegraph.com/news/buterin-proposes-bitcoin-cash-integration-to-scale-ethereum-in-short-term

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[1714188973]

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[JayJuanGee]

I wouldn't have near the problem with the US tax system if it were not so purposefully opaque and complex.  It is fucking maddening.

A person of average education should be able to navigate their responsibilities, but no, we have spawned a system so labyrinthine that we have a whole class of preparers that have to go back to school every year to keep abreast of the changes.

Being unwilling to pay ones share toward the common good and balking at a setup intentionally crafted to confuse are two entirely different things.

I have no problem with that....

[VB1001]

Details of the OLED Vulnerability and its Mitigation

This article describes an information leak discovered in the OLED display used by hardware wallets, including Trezor One. We want to explain how this side-channel attack works and what measurements we took to mitigate the threat. This attack affects only the Trezor One; Trezor Model T is immune to this attack thanks to its entirely different display.

https://blog.trezor.io/details-of-the-oled-vulnerability-and-its-mitigation-d331c4e2001a

[AlcoHoDL]

Details of the OLED Vulnerability and its Mitigation

This article describes an information leak discovered in the OLED display used by hardware wallets, including Trezor One. We want to explain how this side-channel attack works and what measurements we took to mitigate the threat. This attack affects only the Trezor One; Trezor Model T is immune to this attack thanks to its entirely different display.

https://blog.trezor.io/details-of-the-oled-vulnerability-and-its-mitigation-d331c4e2001a

Very smart!

[mindrust]

Do you have a link to such a suggestion to put ETH on bcash.. I thought that was just a joke or FUD rather than real considerations.

Would not put anything past those various dweebs, and it may be good for some of them to band together in their efforts to pool resources, and brains against the foundational superiority of king-daddy bitcoin.

https://ethresear.ch/t/bitcoin-cash-a-short-term-data-availability-layer-for-ethereum/5735

https://cointelegraph.com/news/buterin-proposes-bitcoin-cash-integration-to-scale-ethereum-in-short-term

Vitalik and Roger has been licking each other's ass for a while.

If you visit rbtc from time to time, you'll always see at least 1 pro eth topic in that sub.

Why?

Because just like Roger owns the majority of the bcash shares, he also owns shitloads of eth.

Vitalik also tweets how bcash is great every once in a while.

What's happening is, they are trying to merge both scam coins into one.

[HairyMaclairy]

Sixteenth Amendment ratification arguments have been rejected in every court case where they have been raised and have been identified as legally frivolous.[3]

Yes, they have been rejected. Without ever addressing the facts of the matter. At least in every case I have reviewed.

Whaddaya expect? Statists gonna state.

You live under a common law system.  Judges make the law by interpreting the constitution, legislation and previous cases.  If a judge says it, it’s law until overturned.   That’s just how it works. If you want to tip over that particular apple cart, you are going to have to go back to the Norman Conquest in 1066.

[GreatArkansas]

Details of the OLED Vulnerability and its Mitigation

This article describes an information leak discovered in the OLED display used by hardware wallets, including Trezor One. We want to explain how this side-channel attack works and what measurements we took to mitigate the threat. This attack affects only the Trezor One; Trezor Model T is immune to this attack thanks to its entirely different display.

https://blog.trezor.io/details-of-the-oled-vulnerability-and-its-mitigation-d331c4e2001a

Thank you VB1001 for this, I immediately updated my Trezor One hardware wallet firmware and created a thread (Harware wallets OLED Display Vulnerability [Especially Trezor One] UPDATE NOW! on Hardware Wallets board just to inform other hardware wallet users about this vulnerability. Good job 

[VB1001]

Every Sat that can be stacked and hodl'd below $14K is a gift.

Once Bitcoin has a monthly close above $14K there's a good chance it never looks back.

https://twitter.com/Pladizow/status/1159241049690316800

[Wekkel]

Things that make you go hmmmm..

https://twitter.com/RaoulGMI/status/1159076338126532610?s=19

[realr0ach]

fucks sake hairy

stop acting like a statist douche, you're embarrassing us in front of the moderates

https://dailystormer.name/most-of-the-worlds-problems-are-caused-by-a-lack-of-racism/

[jojo69]

Things that make you go hmmmm..

https://twitter.com/RaoulGMI/status/1159076338126532610?s=19

[Bitcoin] trades like a call option on a new [monetary] system

hmmmmm

[GreatArkansas]

Details of the OLED Vulnerability and its Mitigation

This article describes an information leak discovered in the OLED display used by hardware wallets, including Trezor One. We want to explain how this side-channel attack works and what measurements we took to mitigate the threat. This attack affects only the Trezor One; Trezor Model T is immune to this attack thanks to its entirely different display.

https://blog.trezor.io/details-of-the-oled-vulnerability-and-its-mitigation-d331c4e2001a

Very smart!

Ledger too.

Like many hardware wallets, the Ledger Nano S and Ledger Nano X include an OLED screen to display sensitive information. In the case of Ledger’s products, the following information is displayed on the screen:

• The confidential recovery phrase during the setup,
  
• The PIN code entered to unlock the device.

As this information is confidential, we always recommend our users to operate their devices in a secure environment. In an unsafe place, someone could eavesdrop and gain access to critical information, and thus to your crypto assets.

Read more here: OLED screen (minor) vulnerability

[realr0ach]

Things that make you go hmmmm..

https://twitter.com/RaoulGMI/status/1159076338126532610?s=19

It's the synthetic short dollar squeeze (liquidity crisis) people like Martin Armstrong talk about from being the reserve currency.  However, reality will not play out like he claims.  Instead of creating high demand for dollars and the value of the dollar going to the moon while everything else experiences deflation, once the dollar passes a certain threshold, everyone will just default and the entire system goes bust because none of the debts are payable.  In other words, the dollar needs an emergency devaluation of 30% or higher to fix it's insane overvaluation compared to other fiats and prevent the whole system from blowing up.

[Biodom]

Things that make you go hmmmm..

https://twitter.com/RaoulGMI/status/1159076338126532610?s=19

[Bitcoin] trades like a call option on a new [monetary] system

hmmmmm

Well, sounds familiar...
Of course...I said exactly (almost) the same on Aug 2 (5 days earlier) on this very forum, lol:
https://bitcointalk.org/index.php?topic=178336.msg52033878#msg52033878

Bitcoin itself trades more like an option (on a new financial system, I guess).

But, of course, on the internet ideas disseminate quickly and no one ever quotes anyone. Oh, well.

[realr0ach]

Why is there a dollar liquidity crisis even with the govt printing tons of it?  Probably because at the end of an unsustainable growth cycle, there's no reason for any company to be expanding or building new projects, so all these companies like Apple, Google, and everyone else are sitting on hundreds of billions of dollars just doing nothing.  The economic system is a complete failure and caused most of the money to centralize in a handful of corporations. Negative interest rates do absolutely nothing to fix that because there's still no reason to expand and NIRP just creates an even worse economy.

Just because they have these billions doesn't actually make them smart money, though.  In a world where it's blatantly obvious the only way for the system to continue is massive devaluation of debt through huge inflation, anyone sitting on enormous amounts of fiat is a complete idiot.  These guys are the dumbest money in the room.  Instead of holding hundreds of billions of dollars in cash, they should be holding billions of dollars in gold and silver.  And that's probably where these billions will be heading once govts are forced to massively devalue the fiat.

[ivomm]

Good morning WO! It seems that the support at 11400 has increased dramatically in Bitstamp. May be another leg up will follow shortly that will lead to a new AYH. Holding my breath  

[El duderino_]

Central banks around the world are slashing interest rates.

Soon they'll start printing egregious amounts of money.

Bitcoin halving approaching quickly.

Buckle up.

This may get insane.

https://twitter.com/apompliano/status/1159089649647796224?s=21

[makrospex]

Details of the OLED Vulnerability and its Mitigation

This article describes an information leak discovered in the OLED display used by hardware wallets, including Trezor One. We want to explain how this side-channel attack works and what measurements we took to mitigate the threat. This attack affects only the Trezor One; Trezor Model T is immune to this attack thanks to its entirely different display.

https://blog.trezor.io/details-of-the-oled-vulnerability-and-its-mitigation-d331c4e2001a

Very smart!

Ledger too.

Like many hardware wallets, the Ledger Nano S and Ledger Nano X include an OLED screen to display sensitive information. In the case of Ledger’s products, the following information is displayed on the screen:

• The confidential recovery phrase during the setup,
  
• The PIN code entered to unlock the device.

As this information is confidential, we always recommend our users to operate their devices in a secure environment. In an unsafe place, someone could eavesdrop and gain access to critical information, and thus to your crypto assets.

Read more here: OLED screen (minor) vulnerability

This is like telling people to put toilet paper between their hand and arse before wiping off.
But many still don't even cover the keypad of an ATM machine when putting in their pin code 
Facepalm emoticon needed...

Good morning at $11.827 (another reject before bounce?)

[AlcoHoDL]

Details of the OLED Vulnerability and its Mitigation

This article describes an information leak discovered in the OLED display used by hardware wallets, including Trezor One. We want to explain how this side-channel attack works and what measurements we took to mitigate the threat. This attack affects only the Trezor One; Trezor Model T is immune to this attack thanks to its entirely different display.

https://blog.trezor.io/details-of-the-oled-vulnerability-and-its-mitigation-d331c4e2001a

Very smart!

Ledger too.

Like many hardware wallets, the Ledger Nano S and Ledger Nano X include an OLED screen to display sensitive information. In the case of Ledger’s products, the following information is displayed on the screen:

• The confidential recovery phrase during the setup,
  
• The PIN code entered to unlock the device.

As this information is confidential, we always recommend our users to operate their devices in a secure environment. In an unsafe place, someone could eavesdrop and gain access to critical information, and thus to your crypto assets.

Read more here: OLED screen (minor) vulnerability

Thanks.

I really enjoy reading about such vulnerabilities, not only in order to take the necessary measures to protect myself (f/w updates, etc.), but also to admire the efforts of the hackers (well, the researcher in this case), for their ingenuity and cleverness. I'm an electronics engineer and I'm absolutely in love with my work. I can imagine the excitement that Christian Reitter felt when he saw those patterns on the oscilloscope's screen.

I think TREZOR's countermeasures are better than Ledger's. TREZOR's solution totally equalizes power consumption between different seed words, but sacrifices looks, while Ledger's maintains good looks, but sacrifices a little bit on security (screen content can theoretically still be inferred by power consumption patterns, but the process is now much more difficult).

tl;dr: Treat your TEZORs/Ledgers as physical wallets (like the one in your pocket carrying your fiat). Don't assume you are fully secure by using them. You can't begin to imagine what a good hacker can do once your device is in his/her hands...

----------

Edit: Check out the following related story. Long, but well worth the read. Hats off to the hacker!

https://www.wired.com/story/i-forgot-my-pin-an-epic-tale-of-losing-dollar30000-in-bitcoin/

[GreatArkansas]

Details of the OLED Vulnerability and its Mitigation

This article describes an information leak discovered in the OLED display used by hardware wallets, including Trezor One. We want to explain how this side-channel attack works and what measurements we took to mitigate the threat. This attack affects only the Trezor One; Trezor Model T is immune to this attack thanks to its entirely different display.

https://blog.trezor.io/details-of-the-oled-vulnerability-and-its-mitigation-d331c4e2001a

Very smart!

Ledger too.

Like many hardware wallets, the Ledger Nano S and Ledger Nano X include an OLED screen to display sensitive information. In the case of Ledger’s products, the following information is displayed on the screen:

• The confidential recovery phrase during the setup,
  
• The PIN code entered to unlock the device.

As this information is confidential, we always recommend our users to operate their devices in a secure environment. In an unsafe place, someone could eavesdrop and gain access to critical information, and thus to your crypto assets.

Read more here: OLED screen (minor) vulnerability

I think TREZOR's countermeasures are better than Ledger's. TREZOR's solution totally equalizes power consumption between different seed words, but sacrifices looks, while Ledger's maintains good looks, but sacrifices a little bit on security (screen content can theoretically still be inferred by power consumption patterns, but the process is now much more difficult).

And also, what I admire in Trezor is they do the action fast, even the vulnerability is not quite risky but they manage to make another version of the firmware update so the security will upgrade, while the Ledger (on this vulnerability, they said, Q4 2019 will be added the mitigates on this vulnerability, since it is too long, maybe they can create much better solution for that vulnerability, we don't know... )
Btw, here's the thread about the recent OLED display vulnerability on some hardware wallets.