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

[Biodom]

Really fuggin' deep down the rabbit hole now, guys.

BobC is officially a contributor to TensorFold. https://github.com/ashhart/TensorFold

Feeling really useful to the community at the moment with my stack running across DGX Sparks and the M5 Ultra.

Again, what a crazy time to be alive.

My clankers are helping!

EDIT: https://x.com/BobClawblaw/status/2108895092127785281

How's that Ultra feels?
Fully loaded with 256Gb of RAM or less?
EDIT: I am waiting for a 512gb release...maybe it would decrease the wait time for the 256Gb variant.

[Biodom]

https://www.tibane.net/research/ledger-nano-x-implant !!!!!

In this photo, the floor isn’t wrapped in foil, but there could be a spy implant there, too.
You just need to be in some kind of isolated room where there’s nothing but a laptop, then you won’t have to wrap so many objects in foil.

This is the kind of absurd joke that theories about spy implants in Ledger hardware wallets have led us to  

A funny, if not ironic, aspect of Ledger is that a few years ago, they had already clearly admitted that their devices had built-in abilities to take coins (or other wise being able to control coins), so there is no stretch of logic that either an insider or an outsider might have chosen to exercise the built-in "coin-taking option."

Yes, but the linked article talks about the malicious hardware modifications, presumably done either by the resellers themselves or some third party suppliers.
EDIT: make sure that on your ledger "blind signing" stays off/disabled, unless you interact with a specific "safer" contract. You don't need blind signing to send anything.

[Hueristic]

https://www.tibane.net/research/ledger-nano-x-implant !!!!!

In this photo, the floor isn’t wrapped in foil, but there could be a spy implant there, too.
You just need to be in some kind of isolated room where there’s nothing but a laptop, then you won’t have to wrap so many objects in foil.

This is the kind of absurd joke that theories about spy implants in Ledger hardware wallets have led us to 

A funny, if not ironic, aspect of Ledger is that a few years ago, they had already clearly admitted that their devices had built-in abilities to take coins (or other wise being able to control coins), so there is no stretch of logic that either an insider or an outsider might have chosen to exercise the built-in "coin-taking option."

Yes, but the linked article talks about the malicious hardware modifications, presumably done either by the resellers themselves or some third party suppliers.

Paper still unaffected.

[BobLawblaw]

How's that Ultra feels?
Fully loaded with 256Gb of RAM or less?
EDIT: I am waiting for a 512gb release...maybe it would decrease the wait time for the 256Gb variant.

It's the fastest system I've ever used. Absolute beast.

I'm buying 2 x 512gb models when they are released. Yeah. I'm retarded.

EDIT: Didn't answer your question on 256gb RAM. I maxed out all the options on this fuggin' guy. 16TB of nvme space is retarded. The 512gb systems I buy will likely only have mere 8tb drives

[Biodom]

How's that Ultra feels?
Fully loaded with 256Gb of RAM or less?
EDIT: I am waiting for a 512gb release...maybe it would decrease the wait time for the 256Gb variant.

It's the fastest system I've ever used. Absolute beast.

I'm buying 2 x 512gb models when they are released. Yeah. I'm retarded.

Nice...I am thinking about either a 256GB or just one 512gb  
"you get an Ultra at the price you deserve", lol.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Richy_T]

DEC went bust an age ago. They made VAX computers and the VMS OS.

A lot of that tech ended up in Windows NT apparently. It was even wryly noted for a while:

VMS +1 = WNT

[Richy_T]

I doubt any of the experienced WO members use Ledger HW, but if any still exist maybe they will finally realize how bad a choice it is. So far, $86 million in various cryptocurrencies have been hacked, and some users claim they did nothing but receive transactions on their devices.

When you have a device that can remotely extract your seed and share it with third parties... (that's probably not the case here, but it's a fact)

https://bitcointalk.org/index.php?topic=5596352.0

I think it would be hard to exfiltrate the seed. My guess is these devices use a weak RNG to generate the seed phrases.

[JayJuanGee]

[edited out]

Paper still unaffected.

I was thinking about this recently, and it would seem like quite a burden to be managing paper wallets, think about some scenarios in which guys might have gotten into bitcoin between 2012 and 2013-ish, and yeah, maybe they began with paper wallets that were 1-10 BTC within each of the paper wallets, and maybe over the years, they accumulated anywhere between 50 and 250 bitcoin, yet at various points, they figured that they needed to make paper wallets in smaller denominations.. so then maybe they end up creating several wallets between 0.1 BTC and 1 BTC, and they come to another realization that 0.1 BTC may well be too much for certain applications.. so then maybe they end up gravitating towards paper wallets that might have a variety of values between 0.001 BTC and 0.5 BTC, yet there is even some burden in having so many pieces of paper, even if their initial bitcoin stash might have had been as small as 50 BTC, which might have had been purchased for anywhere between $250 ($5/BTC) and $15k ($300/BTC)..

I have difficulties considering paper wallets as resolving matters, even if we might get passed some of the third-party pwning issues, and I am not even sure if paper wallet generation is without possible SNAFUs in terms of random number generation and other aspects of secrecy/privacy.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Richy_T]

at various points, they figured that they needed to make paper wallets in smaller denominations.. so then maybe they end up creating several wallets between 0.1 BTC and 1 BTC, and they come to another realization that 0.1 BTC may well be too much for certain applications.. so then maybe they end up gravitating towards paper wallets that might have a variety of values between 0.001 BTC and 0.5 BTC, yet there is even some burden in having so many pieces of paper, even if their initial bitcoin stash might have had been as small as 50 BTC, which might have had been purchased for anywhere between $250 ($5/BTC) and $15k ($300/BTC)..

You could keep most of it in the larger wallets. It's trivial to break down stuff as needed. If you're doing stuff that needs access to small amounts frequently, paper wallets are certainly going to be too inconvenient. For amounts as small as 0.1BTC (currently hovering around $8k), why bother with a paper wallet? If you have hundreds of bitcoin, as you posit, even losing $8k won't break the bank.

It's really not hard to make a secure paper wallet. Bitaddress.org has long been available for examination for vulnerabilities. If you still don't trust the way it collects entropy for its random numbers, you can generate your own any way you want and feed them in, all totally offline.

The main issue with paper wallets is security of storage and protection against damage. There are other options besides paper though, of course.

[OutOfMemory]

Hey WO,

i want to put an end to my ledger nanos, but deciding on a follow up hw wallet overwhelms me, honestly.
Since months i tried to research, compare... and all i finally got is a split between Jade (Core) and Trezor5. I only need secure BTC key storage, i also have one Ether, but this shitcoin can stay on the nano, while the other Nano becomes a keychain.

So i thought i let you choose for me.
I'm taking a look again at the WO in about 24h, please post your preference.

Sorry, for the E-word  

EDIT: It's a T5, not a T3.

[Hueristic]

DEC went bust an age ago. They made VAX computers and the VMS OS.

A lot of that tech ended up in Windows NT apparently. It was even wryly noted for a while:

VMS +1 = WNT

I almost bought the alpha at the time.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[oldB]

A funny, if not ironic, aspect of Ledger is that a few years ago, they had already clearly admitted that their devices had built-in abilities to take coins (or other wise being able to control coins), so there is no stretch of logic that either an insider or an outsider might have chosen to exercise the built-in "coin-taking option."

They have already officially confirmed the existence of an unauthorized hardware implant. The official statement mentions a specific reseller, noting that only a certain batch of wallets from that reseller may contain these implants. But in reality, this does not rule out the possibility that someone with inside knowledge and ties to Ledger could have facilitated what happened.

[xhomerx10]

Wow!  The Kp index just spiked to 7 - much higher than predicted so auroras are on now.  Northern Europeans and Scandinavians are getting wonderful shows right now and this should persist into the evening hours for North America.  Viewing is possible for most of Great Britain, some parts of France, Belgium and Netherlands... I don't see confirmed sightings in other European countries but they aren't all using the same sites as I do.  Iceland and Greenland should also be getting some really bright, active auroras.  Here's to clear skies and happy viewing in North America tonight!  Even if you can't see anything with the naked eye facing northward, your iPhone camera can easily see it.  Point it at the sky!  Good luck.

Right now in Sweden:

[Richy_T]

i want to put an end to my ledger nanos, but deciding on a follow up hw wallet overwhelms me, honestly.

Vibe code a wallet to work on a microcontroller with display.



Given this issue with the Ledger appears to be reseller shenanigans. Do you have a plan to avoid similar in your potential alternative wallet?

[Richy_T]

But in reality, this does not rule out the possibility that someone with inside knowledge and ties to Ledger could have facilitated what happened.

It doesn't rule it out. But there's nothing to indicate this is likely to be the case.

My guess is someone pulled a "I have this shipment of Ledgers that fell of the back of a lorry. You can have them for cheap and mix them in with your official supply". Though the reseller themself could be the culprit.

[Richy_T]

I think it would be hard to exfiltrate the seed. My guess is these devices use a weak RNG to generate the seed phrases.

Wow, scratch that. Apparently they had modules built to talk to phone networks. Quite sophisticated.