Indymoney
|
|
February 26, 2020, 11:31:08 PM |
|
IMO, this sell-off seems like a fakeout by some big whales to make newbies think that bitcoin can't work as good as gold (and other safe-haven assets) during a global crisis (like coronavirus). Eventually, these whales should lose the sell-off power and bitcoin should get back on (bull) track. OTOH: Countries with first cases of coronavirus in past 24 hours:
- Brazil - Pakistan - North Macedonia - Greece - Georgia - Algeria - Norway - Romania Phew, this could turn out very ugly. Not because of real Covid-19 threats, but because of the people panicking. Globally. A co-worker of my wife visited his parents and they didn't let him in, even though there is not a single confirmed case yet in the province they live in. When normal people go mad, mad people become the norm. Interesting times, indeed. Rumours kill more then fact right now just happening most of peoples afraid of this so creating some serious troubles.
|
|
|
|
bitserve
Legendary
Offline
Activity: 1834
Merit: 1477
Self made HODLER ✓
|
Why did you change your name?
The first rule of Fight Club is: You do not talk about Fight Club. The second rule of Fight Club is: You do not talk about Fight Club.
|
|
|
|
jojo69
Legendary
Offline
Activity: 3318
Merit: 4597
diamond-handed zealot
|
Why did you change your name, XXXXX?
opsec please respect his wishes
|
|
|
|
jbreher
Legendary
Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
|
|
February 27, 2020, 12:44:25 AM |
|
Most linux distributions can be run on read-only filesystems (same as from cd) BUT the only true security hole is running them as root, because volumes can be remounted in rw mode on the fly. I'm using this strategy on my raspberryPi that is running the game console emulators for the kids. They don't do no shutdown, they just pull the plug/wallwart. Roms are stored on etx4 USB, mounted read-only. This one is just mounted in rw mode on the PC, to manage the roms and emulator binaries.
Just make sure you run linux as unprivileged user. Privilege escalation is a thing though, but unlikely on patched systems. However, when you're not connected to the net, i doubt there is a fair chance of catching a successful exploit via USB.
Again, your postulated security described above is utterly dependent upon the rando USB device implementing only a storage class endpoint. Whatevs. Good luck with that. I would care less if i am running as unpriv. user on a system that is not network connected. I didn't mention that i'd never use a host with actual user data on it. I thought that would be clear because i was replying to Dabs' "frozen sysimage" approach. I would definitely not use a guest VM but a dedicated box that i can reset via dd or similar disc imaging tools, i wasn't clear on that, as i just recognize while typing this. And yes, it's part of the very basics: there is no 100% security, only 100% security against certain (and therefor known) attack vectors. I’m gonna say this one last time. Your postulated recovery is weaksauce against anything other than a disk-resident vector. dd ain’t gonna do nothing for you if malware-containing USB infects the BIOS.
|
|
|
|
jbreher
Legendary
Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
|
|
February 27, 2020, 12:45:54 AM Merited by JayJuanGee (1) |
|
Right, it’s low enough now. Logging onto laptop to buy 0.5BTC.
Thank you for your service. I’ve bought 4 BTC so far this week. Because incremental ladder trading. Wow, 4 whole coins this week. You wrote btc - as in bitcoin, with no other qualifiers. If I got it right, there goes a little haiku for you. That's just, like, you know five days and a weekend, man Congratulations! Yes, BTC. Just buying back the coins I sold (for more USD) on the way up. Incremental laddered standing orders FTW. Good breher is getting some sense.... now forget the worthless forks and be a true coiner in its purest form once again! What? I’ve been buying (and selling) BTC in laddered incremental standing orders since years. Nonstop. Bought yet another 1 BTC earlier today. Because that’s what the strategy calls for. Nonstop. Incidentally, these buys were not funded via sells of BCH, BSV, nor any other coin. They’re on their own ladders. Because that’s what the strategy calls for.
|
|
|
|
goldkingcoiner
Legendary
Offline
Activity: 2198
Merit: 1955
A Bitcoiner chooses. A slave obeys.
|
Why did you change your name, XXXXX?
opsec please respect his wishes How insensitive of me. I edited it.
|
|
|
|
lightfoot
Legendary
Offline
Activity: 3164
Merit: 2258
I fix broken miners. And make holes in teeth :-)
|
|
February 27, 2020, 01:09:10 AM |
|
Well looks like Pence will be the person who will run point on the virus outbreak.
We're screwed. But at least he will prey for us.
|
|
|
|
|
|
gentlemand
Legendary
Offline
Activity: 2590
Merit: 3014
Welt Am Draht
|
|
February 27, 2020, 01:20:37 AM |
|
Well looks like Pence will be the person who will run point on the virus outbreak.
We're screwed. But at least he will prey for us.
|
|
|
|
Torque
Legendary
Offline
Activity: 3710
Merit: 5286
|
IMO, this sell-off seems like a fakeout by some big whales to make newbies think that bitcoin can't work as good as gold (and other safe-haven assets) during a global crisis (like coronavirus). Eventually, these whales should lose the sell-off power and bitcoin should get back on (bull) track.
Keep in mind, the way Wall Street works, they short and shake the tree first before they buy into a long position.
|
|
|
|
bitserve
Legendary
Offline
Activity: 1834
Merit: 1477
Self made HODLER ✓
|
|
February 27, 2020, 01:32:17 AM |
|
Most linux distributions can be run on read-only filesystems (same as from cd) BUT the only true security hole is running them as root, because volumes can be remounted in rw mode on the fly. I'm using this strategy on my raspberryPi that is running the game console emulators for the kids. They don't do no shutdown, they just pull the plug/wallwart. Roms are stored on etx4 USB, mounted read-only. This one is just mounted in rw mode on the PC, to manage the roms and emulator binaries.
Just make sure you run linux as unprivileged user. Privilege escalation is a thing though, but unlikely on patched systems. However, when you're not connected to the net, i doubt there is a fair chance of catching a successful exploit via USB.
Again, your postulated security described above is utterly dependent upon the rando USB device implementing only a storage class endpoint. Whatevs. Good luck with that. I would care less if i am running as unpriv. user on a system that is not network connected. I didn't mention that i'd never use a host with actual user data on it. I thought that would be clear because i was replying to Dabs' "frozen sysimage" approach. I would definitely not use a guest VM but a dedicated box that i can reset via dd or similar disc imaging tools, i wasn't clear on that, as i just recognize while typing this. And yes, it's part of the very basics: there is no 100% security, only 100% security against certain (and therefor known) attack vectors. I’m gonna say this one last time. Your postulated recovery is weaksauce against anything other than a disk-resident vector. dd ain’t gonna do nothing for you if malware-containing USB infects the BIOS. Forget about badUSB/badBIOS as it has already been perfectly documented and evidenced... Maybe you are the right person to ask this, depending on how low level your work or knowledge goes... I have always thought another theoretical attack vector would be in the HD firmware from which it would be possible to on-the-fly replace a call to the boot sector adding some payload to it. I still think so but... have you ever seen any real practical example/exploit of that? Even as a PoC "lab test"?
|
|
|
|
vapourminer
Legendary
Offline
Activity: 4480
Merit: 4033
what is this "brake pedal" you speak of?
|
|
February 27, 2020, 01:38:06 AM |
|
Well looks like Pence will be the person who will run point on the virus outbreak.
We're screwed. But at least he will prey for us.
i feel safer already
|
|
|
|
Searing
Copper Member
Legendary
Offline
Activity: 2898
Merit: 1465
Clueless!
|
Well looks like Pence will be the person who will run point on the virus outbreak.
We're screwed. But at least he will prey for us.
i feel safer already Is he not with the Trump Crowd that does NOT believe in Vaccination? Maybe not. HE JUST HANGS OUT WITH THOSE THAT DO! (we are so screwed) I, on the other hand, AM RETIRED EARLY, somewhat due to crypto, though I've been in HODL mode for more than a year on BTC/Crypto/Alts selling of such to live on now. Thus I should start stocking up to live at home, do the over $100 delivery on the web for groceries free to the house thingy ahead of the curve and get lots of rubber gloves, figure out how to 'sanitize' the canned goods as they arrive in bulk. Oh, such 'fun' this will be! NOT! So it MAYBE finally happened...10 years ago I would 'laugh' at those folks that built bunkers and said it was in case of this stuff...DOOMSDAY stay at home and it was really annoying when the main 1st adopters were these guys...getting into BTC and then making said 'fancy bunkers'. Now instead of out of sight out of mind...I'll likely croak, in my home, hearing them 'crow' about their foresight (never really did the foresight thing)....anyway....they just said today the Vaccine is speeding along much faster than in the past and should ONLY take 1 to 1.5 years to distribute...if IT DOES NOT MUTATE TO SOMETHING WORSE...really did not need to hear that last part....it should be fine right? FML? Maybe I should just run about and buy a lot of meaningless sex/sell bitcoin/to take my mind of this .that will help right? Brad
|
|
|
|
jojo69
Legendary
Offline
Activity: 3318
Merit: 4597
diamond-handed zealot
|
|
February 27, 2020, 02:09:07 AM |
|
|
|
|
|
Biodom
Legendary
Offline
Activity: 3906
Merit: 4367
|
|
February 27, 2020, 02:15:09 AM |
|
My take on this is that we are beyond TA and trends, running on pure emotions. These types of markets are unpredictable, so my solution is to do nothing since every move is prone to be detrimental short term. Selling out of most equities was a good move, though (short term).
|
|
|
|
xhomerx10
Legendary
Offline
Activity: 3990
Merit: 8714
|
Well looks like Pence will be the person who will run point on the virus outbreak.
We're screwed. But at least he will prey for us.
i feel safer already Is he not with the Trump Crowd that does NOT believe in Vaccination? Maybe not. HE JUST HANGS OUT WITH THOSE THAT DO! (we are so screwed) I, on the other hand, AM RETIRED EARLY, somewhat due to crypto, though I've been in HODL mode for more than a year on BTC/Crypto/Alts selling of such to live on now. Thus I should start stocking up to live at home, do the over $100 delivery on the web for groceries free to the house thingy ahead of the curve and get lots of rubber gloves, figure out how to 'sanitize' the canned goods as they arrive in bulk. Oh, such 'fun' this will be! NOT! So it MAYBE finally happened...10 years ago I would 'laugh' at those folks that built bunkers and said it was in case of this stuff...DOOMSDAY stay at home and it was really annoying when the main 1st adopters were these guys...getting into BTC and then making said 'fancy bunkers'. Now instead of out of sight out of mind...I'll likely croak, in my home, hearing them 'crow' about their foresight (never really did the foresight thing)....anyway....they just said today the Vaccine is speeding along much faster than in the past and should ONLY take 1 to 1.5 years to distribute...if IT DOES NOT MUTATE TO SOMETHING WORSE...really did not need to hear that last part....it should be fine right? FML? Maybe I should just run about and buy a lot of meaningless sex/sell bitcoin/to take my mind of this .that will help right? Brad You can buy unscented Lysol It kills everything 11 99.9% of everything
|
|
|
|
Biro Bob
|
IMO, this sell-off seems like a fakeout by some big whales to make newbies think that bitcoin can't work as good as gold (and other safe-haven assets) during a global crisis (like coronavirus). Eventually, these whales should lose the sell-off power and bitcoin should get back on (bull) track.
Keep in mind, the way Wall Street works, they short and shake the tree first before they buy into a long position. Apparently, the Bitcoin CEO leaked that there was gonna be major layoffs and an indefinite cut in productivity by 50 Percent from May.
|
|
|
|
fillippone
Legendary
Offline
Activity: 2310
Merit: 16489
Fully fledged Merit Cycler - Golden Feather 22-23
|
|
February 27, 2020, 03:19:20 AM Last edit: February 27, 2020, 03:34:14 AM by fillippone Merited by JayJuanGee (1) |
|
Square earning call underway. This is a nice roundup: Square sold over half a billion dollars worth of bitcoin in 2019, outpacing broader crypto exchange volume growth in Q4One piece of information is really important: Square 4Q earnings saw $178 million worth of bitcoin sold in the quarter, up ~20% from last quarter and 240% year over year
They are buying more and more bitcoins. Couple it with bitcoin halving, and the outcome is bullish af. Bitcoin 90 days moving average: 8,400 Number of bitcoin bought: 178,000,000/8,400= 21,200 Bitcoin mined every quarter= 12.5*6*24*90=162,000 So Square bought the equivalent of 13% of total mined bitcoins. If growth is flat over the next 2 quarters, this is going to be 26% of total mined bitcoins after the halving. Of course this is not meaning that Square is going too buy freshly minted bitcoin only, but that there will be a massive force in the buy side. Squre is probably going to buy these coins OTC from whales, helping a redistribution of UTXO from early investors to latest investors.
|
|
|
|
Globb0
Legendary
Offline
Activity: 2702
Merit: 2053
Free spirit
|
|
February 27, 2020, 03:22:22 AM |
|
Most linux distributions can be run on read-only filesystems (same as from cd) BUT the only true security hole is running them as root, because volumes can be remounted in rw mode on the fly. I'm using this strategy on my raspberryPi that is running the game console emulators for the kids. They don't do no shutdown, they just pull the plug/wallwart. Roms are stored on etx4 USB, mounted read-only. This one is just mounted in rw mode on the PC, to manage the roms and emulator binaries.
Just make sure you run linux as unprivileged user. Privilege escalation is a thing though, but unlikely on patched systems. However, when you're not connected to the net, i doubt there is a fair chance of catching a successful exploit via USB.
Again, your postulated security described above is utterly dependent upon the rando USB device implementing only a storage class endpoint. Whatevs. Good luck with that. I would care less if i am running as unpriv. user on a system that is not network connected. I didn't mention that i'd never use a host with actual user data on it. I thought that would be clear because i was replying to Dabs' "frozen sysimage" approach. I would definitely not use a guest VM but a dedicated box that i can reset via dd or similar disc imaging tools, i wasn't clear on that, as i just recognize while typing this. And yes, it's part of the very basics: there is no 100% security, only 100% security against certain (and therefor known) attack vectors. I’m gonna say this one last time. Your postulated recovery is weaksauce against anything other than a disk-resident vector. dd ain’t gonna do nothing for you if malware-containing USB infects the BIOS. my bios has a reset to default button for times it all goes wrong. dont conflate things to 2 options when there are many more possibilities
|
|
|
|
|