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

[Biodom]

PREDICTION

$100k-$115k top somewhere between 20-30th of february

30 of Feb? That's how my dad used to indicate that it won't happen...
Joking aside, 100-115K is possible by then, but if it happens in that timeframe, a rather violent correction (back to 40-45).

[DaRude]

Just received an email from Ledger wich looks legit since it's coming from Ledger.com. I dont exactly understand what they mean here?

FINALLY, keeping you secure is our reason for existing. We will soon release a technical solution that will remove the 24 words as the single pillar of the security of our hardware wallets and will open the door to funds insurance.

Is it possible that hackers can figure out the 24 phrase and steal the coins?

No, next question.

Any other solution can only shift liability at a cost of introducing new attack vectors. e.g. insured multisig at a cost of judge having the right to overwrite etc...

[DaRude]

Anybody know this idiot Stefan Thomas really exists? https://www.businessinsider.de/wirtschaft/finanzen/bitcoin-vergessenes-passwort-kann-viele-millionen-euro-kosten-a/?amp

Telling in the article how great banks and governments are and why bitcoin is not that great. Because he lost his password to 7002 bitcoins. Sounds like a another fake story from fakestream media to me.

lets say he lost his password for 7002 coins.

I would think that he could toss 1,000,000 usd at it to crack the password.


7002 x 33000 =  231 million plus

Why can't a 1:1 sector image of the drive be taken to allow for more attempts?   

This ^ *

*didn't RTFA

[d_eddie]

He's supposed to be a "hacker", whatever that means. Couldn't he have it all figured out by himself? This story doesn't stand up as it is.

[DaRude]

BTC1000 for sale on coinbase pro between 36600-36800. Carry on now

[xhomerx10]

 The new (less than 2 hours old on YouTube) video is finally out for the song "Realize".  Those old farts can still rock!  Listening to this is as invigorating as watching Bitcoin moon.

<--- click to view

[BitcoinBunny]

 The new (less than 2 hours old on YouTube) video is finally out for the song "Realize".  Those old farts can still rock!  Listening to this is as invigorating as watching Bitcoin moon.

<--- click to view

Pretty good. 

My favourite track of theirs is Moneytalks. 

[cAPSLOCK]

 The new (less than 2 hours old on YouTube) video is finally out for the song "Realize".  Those old farts can still rock!  Listening to this is as invigorating as watching Bitcoin moon.

<--- click to view

Having worked in media production for most of my life and been involved in music video production... just the amount of work that went into making the video would be a LOT of energy for anyone.  Very impressive.

You can see they did at least 3-4 distinct takes of the song to comp the video.  Probably many many more.

[Dabs]

Anybody know this idiot Stefan Thomas really exists? https://www.businessinsider.de/wirtschaft/finanzen/bitcoin-vergessenes-passwort-kann-viele-millionen-euro-kosten-a/?amp

Telling in the article how great banks and governments are and why bitcoin is not that great. Because he lost his password to 7002 bitcoins. Sounds like a another fake story from fakestream media to me.

lets say he lost his password for 7002 coins.

I would think that he could toss 1,000,000 usd at it to crack the password.


7002 x 33000 =  231 million plus

It's an IronKey. Those USB drives that have a code or physical button to unlock it. It's probably AES encrypted and the key gets nuked after 10 failed attempts. He'd need a hardware hacker to look at it, or talk to IronKey (or Kingston, they are now owned by Kingston) and offer them $1m to successfully unlock it (and maybe $1000 to try really hard.)

This is why I don't really like hardware solutions when you can use software. You can upload some files to worldwide torrents and they'll be backed up 1000 times, no one can open them unless they have the password. example: wikileaks insurance files.

I might get an IronKey because it looks cool: aluminum enclosure, epoxy-filled casing. But otherwise, I'd just as well get multiple USB drives from different manufacturers to store back ups of important stuff.

Current versions only go up to 128GB. Maybe Stephan had one of the older versions or something. In any case, you can't really open it up. You'd need some pros to do it and they might destroy the drive in the process.

[P_Shep]

Anybody know this idiot Stefan Thomas really exists? https://www.businessinsider.de/wirtschaft/finanzen/bitcoin-vergessenes-passwort-kann-viele-millionen-euro-kosten-a/?amp

Telling in the article how great banks and governments are and why bitcoin is not that great. Because he lost his password to 7002 bitcoins. Sounds like a another fake story from fakestream media to me.

lets say he lost his password for 7002 coins.

I would think that he could toss 1,000,000 usd at it to crack the password.


7002 x 33000 =  231 million plus

It's an IronKey. Those USB drives that have a code or physical button to unlock it. It's probably AES encrypted and the key gets nuked after 10 failed attempts. He'd need a hardware hacker to look at it, or talk to IronKey (or Kingston, they are now owned by Kingston) and offer them $1m to successfully unlock it (and maybe $1000 to try really hard.)

This is why I don't really like hardware solutions when you can use software. You can upload some files to worldwide torrents and they'll be backed up 1000 times, no one can open them unless they have the password. example: wikileaks insurance files.

I might get an IronKey because it looks cool: aluminum enclosure, epoxy-filled casing. But otherwise, I'd just as well get multiple USB drives from different manufacturers to store back ups of important stuff.

Yeah, he's gonna have a tough time.
https://www.kingston.com/unitedkingdom/us/usb-flash-drives/ironkey-s1000-encrypted-usb-flash-drive

EDIT:
But then he must have copied the wallet.dat from a computer... what happened to that?

[DaRude]

I really like and encourage critical thinking. But starting your "critical thinking" process by simply denying a election result is not my understanding of "critical thinking" it's more like a state of denial. There are people who simply claim there is no pandemic because there are no viruses in the first place. Thats not "critical thinking" that's just a straightforward lie. And this stuff somehow has to be controlled in the future. Otherwise the whole internet idea collapses in itself, because the people are not able to cope with the "information" aka "lies" they read.

//But i obligate to go back to the bitcoin price movement, instead of arguing over the internet.

As free people, we all have the right to think whatever we want and believe whatever we choose to, including denial. There is nothing illegal about choosing to believe something that is seen as false by 99% of the rest. When something truly sinister happens in the world, you'll be thankful for these overly suspicious conspiracy theory believers/non-believers.

Nothing has to be "controlled". We succeeded in surviving as a species for millions of years just fine without any control. In fact, religious control set us back a couple thousand years. That should be enough of a lesson right there to stop the idea of controlling anything beyond setting clear laws and enforcing them. Just punish those who break the law and ignore the voices you don't agree with.

If enough people really get behind an idea or a person, there is probably some truth behind what they believe. Nothing in life is black or white. Everything is a shade of gray. What you have to ask is "why" so many people like Trump. Do you really believe they are all mentally ill? Critical thinking would be trying to understand what people see in Trump, not saying we must control something so people don't end up liking a guy like Trump.

I believe history shows that we're community species packed in groups (safety in numbers), as such there was always a controlling dominating figure, alpha leaders, kings, monarchs, tsars, religious leaders, gov etc, etc, etc. Think we can all agree that, for better or worse, majority tends to go with the flow, which is easily exploitable by knowledgeable individual. Historical template seems to be, play on people's insecurities, allocate blame on "others", and provide hope which can be only attained by unquestionably following the leader. Just because a cult manages to gather a huge following doesn't mean that there's much behind it other than individuals wanting to belong or be part of something greater than them.

If anything, right now we're experiencing liberation of opinions. Before there was that one crazy person at every bar, now all those crazy people in millions of bars have platform where they can come together, organize, grow and now don't feel marginalized/isolated. Despite education and space travel, flat earthers seem to be growing. I'm sure there's a forum for society of cannibals somewhere on the interwebs.

The problem becomes on deciding on what is crazy, as once you're "pigeon holed" in picking a side, the pack forces you to label the other camp as completely crazy and your camp as a ray of clarity and hope. And that's my biggest concern with any absolutes, including freedom of speech. Sure we can provide uncensorable platform on blockchain, but what do we do if a new charismatic leader, Hilter 2.0, or ISIS start dominating and spreading like wildfire, their primary directive is not to listen to "Intelligentsia" ignore educators and burn any literature not approved by the benevolent leader? Think there's enough rational people to not let them reach a critical mass?

[OutOfMemory]

But at the same time, I think that something has to be done about the spreading of incitement and untruths.

https://bolenreport.com/saul-alinskys-12-rules-radicals/

without having read it in detail, i only skimmed it, i don't understand where this fear of a socialist state comes from.

don't you distinguish between communism and socialism? i live in a social democratic country and can't understand this bashing of socialism. i'm glad that the state has various social safety nets and i'm willing to pay for them.

social democratic is not socialims. GDR (german democratic republic - eastern germany bevor 1990) was socialism. Cuba was socialism. The whole easten countries before 1990 were mostly socialism. Now you can ask yourself. What is maybe bad on socialims and why had the GDR shoot people to death on their borders, who only wants to leave the county (to west germany).
Socialism doen't work without force and suppression. In the end you have to shoot people who wants to leave your socialist paradise, because in the end your country will be empty. Damit, it's only 30 years ago, halve of europe were socialist paradises. History show us socialims is bad. All the time. And no, if you say, that's not real socialism and you would made it beter than all the others, than you are someone with a megalomanic complex. socialism doesn't work. and a social democracy like here in germany is basically capitaism with a social net for people who has no work. And this system cost hugh amount of money. And it will collapse, if we continue this here. But this is another story.

Seconded.
As long the (DDR) GDR existed, it was a No-Go in the western culture to regularly spy on their citizens. It was a GDR-thing and the soviet were heavily criticized for it.
When the berlin wall was falling, western countries started mass surveillance, because the "black sheep" has died, and the GDR, the #1 bad example, ceased to exist.
Back then, the eastern german "Stasi" (state police) were the "bad guys". Now we are. A genius move, when you think about that.

[Gyrsur]

ich bin auch Ex-DDR-ler.  OpSec fail. 

[OutOfMemory]

BTC1000 for sale on coinbase pro between 36600-36800. Carry on now

There's a hourly candle growing at stamp now.
go go go!

$ 35.518 $35.727 atm

EDIT: Yep, seems like a go against $36k 

ich bin auch Ex-DDR-ler.   OpSec fail.  

 

[Indymoney]

BTC1000 for sale on coinbase pro between 36600-36800. Carry on now

There's a hourly candle growing at stamp now.
go go go!

$ 35.518 atm

ich bin auch Ex-DDR-ler.  OpSec fail. 

 

Look like we are heading for $36,000 in matter of minutes positive signs coming.

[OutOfMemory]

BTC1000 for sale on coinbase pro between 36600-36800. Carry on now

There's a hourly candle growing at stamp now.
go go go!

$ 35.518 atm

ich bin auch Ex-DDR-ler.  OpSec fail. 

 

Look like we are heading for $36,000 in matter of minutes positive signs coming.

Head & Shoulders my ass 

[Gyrsur]

BTC1000 for sale on coinbase pro between 36600-36800. Carry on now

There's a hourly candle growing at stamp now.
go go go!

$ 35.518 atm

ich bin auch Ex-DDR-ler.  OpSec fail. 

 

Look like we are heading for $36,000 in matter of minutes positive signs coming.

Head & Shoulders my ass 

sometimes TA is working sometimes not. we have to deal wit it. Bitcoin is not (yet) a mature market.

[lightfoot]

ich bin auch Ex-DDR-ler.  OpSec fail. 

Cool! Did you get to drive one of those cardboard cars (Trabant)?

[WastedLTC]

Anybody know this idiot Stefan Thomas really exists? https://www.businessinsider.de/wirtschaft/finanzen/bitcoin-vergessenes-passwort-kann-viele-millionen-euro-kosten-a/?amp

Telling in the article how great banks and governments are and why bitcoin is not that great. Because he lost his password to 7002 bitcoins. Sounds like a another fake story from fakestream media to me.

lets say he lost his password for 7002 coins.

I would think that he could toss 1,000,000 usd at it to crack the password.


7002 x 33000 =  231 million plus

It's an IronKey. Those USB drives that have a code or physical button to unlock it. It's probably AES encrypted and the key gets nuked after 10 failed attempts. He'd need a hardware hacker to look at it, or talk to IronKey (or Kingston, they are now owned by Kingston) and offer them $1m to successfully unlock it (and maybe $1000 to try really hard.)

This is why I don't really like hardware solutions when you can use software. You can upload some files to worldwide torrents and they'll be backed up 1000 times, no one can open them unless they have the password. example: wikileaks insurance files.

I might get an IronKey because it looks cool: aluminum enclosure, epoxy-filled casing. But otherwise, I'd just as well get multiple USB drives from different manufacturers to store back ups of important stuff.

Current versions only go up to 128GB. Maybe Stephan had one of the older versions or something. In any case, you can't really open it up. You'd need some pros to do it and they might destroy the drive in the process.

Thnx for the explanation -- wasn't familiar with Ironkey..     

[JL0]

1400BTC wall at Coinbase and 600BTC wall at Bitstamp noticed. Both are placed from 36600 to 36900 probably by one person. What is this - a n00b whale who thinks the bull run has ended?!? Or a n00b shorter who thinks this will stop the recovery and possible new ATH in a few days? In both cases, still a n00b.  

Walls are just gone ?