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

[DirtyKeyboard]

[edited out]

I am really sorry if you are feeling I am not real person and create some confusion here because I am not here for anything wrong just for information, and you already provide good links which I will read and try to understand because few things are very important before jumping into any field but still I am really thankful for your kind information and other details. Just last thing which is a better way to keep my bitcoin safe because I check mostly exchanges needs personal information and I have no problem to provide them this all but is this safe to keep bitcoin on these exchanges or any other way is better, thanks.

There are likely several different ways to hold your bitcoin, and Trezor is pretty good.. either the Trezor one (which is cheaper) or the more expensive Trezor Model T and you want to make sure you get it from an authorized source (or authorized reseller) and with trezor it seems better to use the extra word too and also maybe to have some decoy value that you keep on the regular section that does not have the extra word... and of course, it is up to you how you might organize the various accounts on the trezor and get used to it...

The thing I like about the Trezor is that even with the cheap version, you never have to type your passphrase into the computer.  While I'm sure this method is not unhackable,  the process goes as thus.  On the Trezor screen, while it is plugged into a laptop with the Trezor software installed, the software asks you for the passphrase words.  On the Trezor itself, it will show you a 3 by 3 grid with the squares effectively asking you, "Does your first word start with A-C, D-E, F-H, I-Mn, Mo-S... and so on.  And, on your computer is an image of your Trezor with just dots in the 3 by 3 grid, but you click the corresponding dot.  Ugh.  Probably better to just watch the first 30 s of this video https://www.youtube.com/watch?v=M_fYnZIVw_g  And you'll get the idea.  [Full Disclosure:  You do have to type out on your computer, the extra words of which JJG speaks.  Warning: The font is small on the Trezor screen.]

Edited to clarify which screen the font is small on.

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[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Lucius]

The thing I like about the Trezor is that even with the cheap version, you never have to type your passphrase into the computer. While I'm sure this method is not unhackable,  the process goes as thus.
~snip~

Well, that's actually one of the advantages offered by every hardware wallet, the seed that is generated during device initialization is your security backup, which you should store in a safe way and in case you need wallet recovery, enter the same seed in another hardware wallet.

Unfortunately, all Trezor models have an irreparable vulnerability that allows the extraction of seeds in case someone gets physical access to your device and has little knowledge and skills. However, each user can protect himself by adding a passphrase, which should have all the characteristics of any good password, which means that it is long enough and consists of random characters and letters.

https://www.coindesk.com/tech/2023/05/24/crypto-security-firm-unciphered-claims-ability-to-physically-hack-trezor-t-wallet/

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Gachapin]

So yeah it all makes sense, might be true, and out of all it's my favorite narrative..

But all your writing in huge letters doesn't change the fact that you don't have any hard evidence for it either (even if "most likely" true)

The corrupt financial entities and whales don't need to provide any evidence, hard or soft, of their cheating or manipulation of the markets. They are not going to provide any.

They just quietly do it on the DL.

Not saying you, but it's the total smooth brain retards that are constantly saying "Hurp durp, show us the hard evidence or it isn't happening/ doesn't happen."

It's the same smooth brain retards that always look for a "reason" behind every large green or red candle move, every rally or every crash. And the corrupt whales are always right there to give them one in the MSM to satisfy them.

"Why is Bitcoin rallying today?"
"Why is Bitcoin crashing today?"
"Oh I see, it happened because blah blah blah....because the news just told me why....blah blah blah..."  

I certainly don't need evidence for any logically accessible conclusion. But I find it important in communication to make it clear, when something is an assumption vs a fact that is provable to even brainless people.

The search for a reasons at every green/red candle is actually the dumb gossip I enjoy. Often, somewhere in it lays the truth. However, until there is said provability it's all just interesting (even if highly probable) non-exclusively competing stories.

To paraphrase physicist Heinz von Förster:
There are two kind of questions: the ones with a quick and provable answer, and the ones with many explanations. There exist that many explanations, because these questions are basically not answerable.

[cygan]

[xhomerx10]

How does Buddy get in 4 in a row at 10am?!  Phil must have slept in today.



 The kiss of death.  Binanace is in trouble!

[Gachapin]

This mornings news that companies will be allowed to begin using fair value accounting to value their BTC on their books is a huge positive for Bitcoin. If you weren’t familiar with the rules that had companies list their BTC on their books at the lowest price of the quarter, they existed. This fixes that. No longer will companies be scared to invest for fear of looking dumb when their balance sheet is assured to show an immediate loss.

good news! that was a big hurdle for companies to invest in BTC

One would expect a nice pump, but this seems not to be the news whales want right now while they're busy suppressing the price

...


 The kiss of death.  Binanace is in trouble!

this guy would be living in the streets, if he put his money where his mouth is...

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Hueristic]

@Hueristic….Grats on the new choppers bro.

thx man.

Seems to me that you missed my earlier mostly semantics post on the topic.

@Hueristic….Grats on the new choppers bro.

He crashed his chopper into a tree, and he got new chompers.

Yeah no I caught that, pretty good one.

I am having an issue with poison ivy spreading and had your post quoted but the fucking itching was getting too much and had to go take off for the day anyway.

Funny thing is I've never had an issue with ivy before.

Even when my friends caught it I never did so this is surprising.

I just decided to ignore it the last few days figuring it would go away but it has started spreading.

So I think What happened is when I scrubbed it I used hot water which spread the oil.

From what I gather now after doing some research is you have to use cold water and soap on the oil and then dry the skin out with something like alcohol or vinegar.

And some say to use mint so I am doing an experiment and using alcohol on one arm and lotion with mint on the other after scrubbing them with cold water and dishwashing soap.

I wonder if getting old just makes you more susceptible to shit and thats why I caught it when I never have before?

When I was young I literally rubbed the shit on my arm to prove to my friends that I don't catch it when they had it and said I was lucky I didnt touch it.

Had a buddy that wouldn't believe I was immune, the poor bastard was covered and told me he even got it on his prick just from taking a leak with it on his hand.

If that happens I'll be going straight to the fucking ER!

[Magic-Maker-40]

Unboxing ultra pro max + +

[jojo69]

How does Buddy get in 4 in a row at 10am?!  Phil must have slept in today.



 The kiss of death.  Binanace is in trouble!

[AlcoHoDL]

[edited out]

I am really sorry if you are feeling I am not real person and create some confusion here because I am not here for anything wrong just for information, and you already provide good links which I will read and try to understand because few things are very important before jumping into any field but still I am really thankful for your kind information and other details. Just last thing which is a better way to keep my bitcoin safe because I check mostly exchanges needs personal information and I have no problem to provide them this all but is this safe to keep bitcoin on these exchanges or any other way is better, thanks.

I am not opposed to holding some value on exchanges (or with third parties.  In some cases it might be practical while you are learning how to be your own bank), maybe up to a few thousand dollars, and surely for each person the threshold will be different in terms of at what point you are going to want to bring some (or all) of that value off of the exchanges.. and surely you should want to try to learn about some private ways to hold your coins.. so it gives you options to have your coins in private wallets in which no one can stop you from being able to spend them and other potential powers that you might have from having your own keys that may or may not be readily apparent or even something that everyone seeks for themselves, but on the other hand, there is always a threat of either rug pull or various kinds of locking up of your funds when 3rd parties hold your keys.

There are likely several different ways to hold your bitcoin, and Trezor is pretty good.. either the Trezor one (which is cheaper) or the more expensive Trezor Model T and you want to make sure you get it from an authorized source (or authorized reseller) and with trezor it seems better to use the extra word too and also maybe to have some decoy value that you keep on the regular section that does not have the extra word... and of course, it is up to you how you might organize the various accounts on the trezor and get used to it...

Passport and Coldcard are likely good too. but a bit more sophisticated as compared with the Trezor, and there are other members who like Electrum, Spectrum and Sparrow, but I have not really used them... and there are other wallets and forum threads on the topic, and there are some members who like paper wallets, but I am not really accustomed to them, either...

You can also use Bluewallet, but I am a bit weary of keeping too much value on your phone... and maybe Phoenix and Breez are good lightning network wallets, and maybe guys have other recommendations, and there are forum threads on a lot of these topics that could get in depth and just require you to figure out what kinds of tradeoffs that you might be wanting to make to ensure that you have your coins privately and that they are sufficiently safe from getting taken including being careful not to create systems that are so complicated that you end up locking yourself out of your own coins, since there are responsibilities in being your own bank that can sometimes not be exactly straight-forward in terms of learning or even realizing if you might be putting your coins in jeopardy.   

Trezor is excellent. I can vouch for Model One (the original). T can maybe do more altshitcoins better, but One is more than enough for BTC -- at least that's the way I use it. Just to reiterate (have covered this topic extensively in the past) that Trezor is just a tool for user-friendly access to your wallet. The actual wallet is the 24(+1)-word seed. It's not material. It's numbers in number-space. So, even if the physical device is lost, stolen, damaged, or even sunk in a failed seastead attempt or boating accident, your wallet is still out there, as it will always be, for all eternity, set in stone by math & science, and only accessible via the seed. It's the seed that one should secure and never lose.

Merit farmers came back again? They seem to come in waves... 

Looking fwd to the next bull run, to see how WO will react. Gay Xmas cards? Choo-choos? Carolinas? 

A few more years/cycles, and I can see WO data being downloaded and studied by PhDs in psychology. It's becoming a gigantic social experiment. 

[Torque]

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Gachapin]

[edited out]

I am really sorry if you are feeling I am not real person and create some confusion here because I am not here for anything wrong just for information, and you already provide good links which I will read and try to understand because few things are very important before jumping into any field but still I am really thankful for your kind information and other details. Just last thing which is a better way to keep my bitcoin safe because I check mostly exchanges needs personal information and I have no problem to provide them this all but is this safe to keep bitcoin on these exchanges or any other way is better, thanks.

I am not opposed to holding some value on exchanges (or with third parties.  In some cases it might be practical while you are learning how to be your own bank), maybe up to a few thousand dollars, and surely for each person the threshold will be different in terms of at what point you are going to want to bring some (or all) of that value off of the exchanges.. and surely you should want to try to learn about some private ways to hold your coins.. so it gives you options to have your coins in private wallets in which no one can stop you from being able to spend them and other potential powers that you might have from having your own keys that may or may not be readily apparent or even something that everyone seeks for themselves, but on the other hand, there is always a threat of either rug pull or various kinds of locking up of your funds when 3rd parties hold your keys.

There are likely several different ways to hold your bitcoin, and Trezor is pretty good.. either the Trezor one (which is cheaper) or the more expensive Trezor Model T and you want to make sure you get it from an authorized source (or authorized reseller) and with trezor it seems better to use the extra word too and also maybe to have some decoy value that you keep on the regular section that does not have the extra word... and of course, it is up to you how you might organize the various accounts on the trezor and get used to it...

Passport and Coldcard are likely good too. but a bit more sophisticated as compared with the Trezor, and there are other members who like Electrum, Spectrum and Sparrow, but I have not really used them... and there are other wallets and forum threads on the topic, and there are some members who like paper wallets, but I am not really accustomed to them, either...

You can also use Bluewallet, but I am a bit weary of keeping too much value on your phone... and maybe Phoenix and Breez are good lightning network wallets, and maybe guys have other recommendations, and there are forum threads on a lot of these topics that could get in depth and just require you to figure out what kinds of tradeoffs that you might be wanting to make to ensure that you have your coins privately and that they are sufficiently safe from getting taken including being careful not to create systems that are so complicated that you end up locking yourself out of your own coins, since there are responsibilities in being your own bank that can sometimes not be exactly straight-forward in terms of learning or even realizing if you might be putting your coins in jeopardy.  

Trezor is excellent. I can vouch for Model One (the original). T can maybe do more altshitcoins better, but One is more than enough for BTC -- at least that's the way I use it. Just to reiterate (have covered this topic extensively in the past) that Trezor is just a tool for user-friendly access to your wallet. The actual wallet is the 24(+1)-word seed. It's not material. It's numbers in number-space. So, even if the physical device is lost, stolen, damaged, or even sunk in a failed seastead attempt or boating accident, your wallet is still out there, as it will always be, for all eternity, set in stone by math & science, and only accessible via the seed. It's the seed that one should secure and never lose.

...

afaik, for the Trezor to be absolutely safe in case of theft you would want a 128 bits entropy passphrase.
Alternatively you can use a PIN with 39 digits (Model T). Note: it will be more than 39 digits for the small Trezor as its PIN numbers include only numerals from 1-9 and not 0-9 like the Model T.


PSA: Trezor doesn't have the oft-mentioned seed extraction vulnerability. Use a strong PIN.
https://www.reddit.com/r/Bitcoin/comments/sdx4r6/psa_trezor_doesnt_have_the_oftmentioned_seed/



A nice table for entropy requirements: