Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 11469. (Read 26725360 times)

legendary
Activity: 1652
Merit: 4393
Be a bank
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
legendary
Activity: 1652
Merit: 4393
Be a bank

Custodial Wallets are a thing now, yes.  And somewhat controversial among the purists.  I think they are inevitable at least until Neutrino
Neutrino the journalist-murdering company recently acquired by Conbase?

oh. no the light protocol https://bitcoinmagazine.com/articles/neutrino-privacy-preserving-light-wallet-protocol/ ?
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
Anyone knows if there is already any service of "proxy" online LN wallet?

I mean, something that would work like this:

- I send, for example, 0.1BTC to their wallet (my deposit address) same as I do with an exchange.

- Now I have a 0.1BTC balance with them (not your keys, not your BTC... I know)

- Then, the service would let me send LN payments which they would route via their LN node and already established channels on my behalf and substract the amount (plus a fee, presumably) from my balance.

- A plus would also be the possibility of creating LN invoices and receiving payments in the same way above and an easy to use mobile phone APP.

Anyone?

Custodial Wallets are a thing now, yes.  And somewhat controversial among the purists.  I think they are inevitable at least until Neutrino
legendary
Activity: 1834
Merit: 4197
PSA: not every last thing has to be shoddy, stupid or dishonest.
Thank you.

Hmmmmm

history seems to disagree.

Well..your right of course..not everything...but damn.

"How do we bill the rat rescue Frank?" "Dont worry about it Sam, the tax payers are used to getting screwed over" Names changed to protect the guilty





https://nypost.com/2019/02/26/firefighters-rescue-fat-rat-found-stuck-in-sewer-grate/

legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Hell, that is one hell of a stupid move. Why would they send private keys unencrypted anywhere?

there are already some people complaining about lost funds. I don't question that this google spell check is a stupid move, but I don't understand how this should leak the private key? the google spell check is (hopefully) a https requests, which is encrypted. and google will not leak the keys for sure. so what did leak the keys?

I don't understand the technicals either, but just looking at the description of what is happening "leaking of seed phrase" is the same as leaking private keys because a new wallet can be generated from the seed phrase if you are able to receive all of the seed words.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
PSA: not every last thing has to be shoddy, stupid or dishonest.
Thank you.

Hmmmmm

History seems to disagree.
hero member
Activity: 658
Merit: 851
What Is Fidelity Digital Assets Services (FDAS) and How Does It Work?

https://www.bitcoinmarketjournal.com/fidelity-crypto/?utm_source=SocialPromotion&utm_medium=twitter

"Fidelity Digital Assets was launched to “create a full-Fidelity digital assets.service enterprise-grade platform for storing, trading, and servicing eligible digital assets.
...
Fidelity Digital Assets believe that we will soon live in a world where all types of assets will be tokenized and recorded on a blockchain.
...
Hence, FDAS plans to launch a bitcoin custody service first before building its digital asset trade execution offering.
Once the platform is fully rolled out, FDAS will provide digital asset custodianship, trade execution, and client services to make investing in bitcoin and altcoin as easy and convenient as possible for professional investors.
...
Why is the launch of Fidelity Digital Assets a big deal? Because the more institutional investor on-ramp options exist, the more Wall Street investors will start to pour money into digital assets such as bitcoin."
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
If we could stay sideways until at least March 31 that would be fine with me...  Roll Eyes



and if we could instant moonlaunch today how would that feel for you? Smiley

Good point.. micpeep.

I would be o.k. with either one.  I would also be o.k. with down, but I am not going to publicly express wishes for either down nor sideways... because UP is preferable.   

Besides, my personally being ready for any direction, but especially ready for UP, another great thing about UP would be to lock out some of the bitcoin naysayers, bears, sideliners, nocoiners and others who are willing to take a decent UP stake in bitcoin..  Specifically lock them out from getting sub-$5k coins ever again would be WONDERFUL...  even though such a wish remains a bit of a fantasy, because currently odds for down or sideways is greater than odds for UP.   ... and in any case I am not wishing for either down or sideways because odds are in their favor. ... what I wish for is the underdog.. that is ^^^^^^^^^^^^^UP.^^^^^^^^^^
legendary
Activity: 1834
Merit: 4197
Our glorious overlords apparently have not filled their bags enough yet so feel the need to push the price back downwards. I believe this trend will continue for a month or so until right before Consensus. Where miraculously bitcoin and shitcoin alike will again start to gravitate upwards towards new yearly highs.

All dramatics aside(or maybe this should read to fully embrace the drama), I think the basic problem is still the battle of forks between btc and bch and btcsv. Every time one trys to pump their coins there is an almost immediate dump to drive prices back down and vice versa.

Its really getting quite old dont you think? It is really quite striking to watch this technological wonder grow yet not have a shred of confidence in its price due to the actions of a few. Same as it ever was. #dyor

Nah.  We are supposed to track sideways until October 2019.  No manipulation required.



With all due respect, why are we supposed to repeat prior flat mo for mo?
Every bull and bear in btc so far was different, albeit they "rhymed" in decline %.
For example 2013 double pop (from $12 to $250, then sharp decline into $45, then $1160 peak) was not repeated in 2018-2019.
It is reasonable to suggest that flat may last longer, but i see no "need" for it to last until October.


I am just trying to find some rational explanation for that 11.34% haircut we took and no matter how appealing it is to look at previous chart history it is a fact that the current market has completely different dynamics today then in 2015. That being said, we have and will continue to see echoes of past cycles in the charts but I think it would be foolish to expect direct correlation in more than a cursory fashion.

--------------
bitcoin

Good morning all.

The algos are getting so smart its hard to tell in the short term anymore which way the market might turn. Yesterday I was fairly certain that we were heading downward but that seems to have past for the most part. I still think there will be a small dip to pull up some liquidity but a neutral buoyancy with a slight upwards slant continues to dominate the longer time frames. This leads me to suspect we will continue sideways movement between $3.8k and $4k for awhile longer.  #dyor
1h


4h

#stronghands'19
legendary
Activity: 1652
Merit: 4393
Be a bank
PSA: not every last thing has to be shoddy, stupid or dishonest.
Thank you.
hero member
Activity: 658
Merit: 851
Well it seems like XRP could now be delisted by Coinbase because it breaks one of their rules : the ownership stake by the team should be in minority, which is not the case with Ripple as the team controls 60% of the supply :

https://www.investinblockchain.com/ripple-seems-to-violate-coinbase-listing-rule/

Will they make an exception ?
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
there is a response from Coinomi:

However, unlike what was reported:

  • The seed phrase wasn’t being transmitted in plain text, instead it was being encapsulated inside a HTTPS request with Google being the sole recipient
  • The seed phrase wasn’t being transmitted at all unless the user chose to explicitly restore their Desktop wallets
  • The spell-check requests that were sent over to Google API were not processed, cached or stored and the requests themselves returned an error (code: 400) as they were flagged as “Bad Request”¹ and weren’t processed further by Google²

But where is the money?
legendary
Activity: 3276
Merit: 2442


That would be a very bad publicity for google if this is true. It's also possible that the anti-virus/anti-malware software is the cause of this leak. they "open" encrypted https requests and look inside to search for possible threats.
If this is really possible then keeping sensitive information like seeds/private keys in the computer is very risky. Also this will be an extreme fraud attempt for the anti-virus company.  

I don't use any antivirus program for years and I've never got infected by a virus yet and I do use torrent. If you know what you are doing it is really hard to get a virus. ublock/adblock does most of the job for me anyway.
legendary
Activity: 1303
Merit: 1681
a Cray can run an endless loop in under 4 hours

there are already some people complaining about lost funds. I don't question that this google spell check is a stupid move, but I don't understand how this should leak the private key? the google spell check is (hopefully) a https requests, which is encrypted. and google will not leak the keys for sure. so what did leak the keys?

he claims that someone at Google extract and used the passphrase after HTTPS decryption and not in between as I understand it.

Recap
To recap the events for further investigation:

  • My first passphrase attempt was sent to googleapis.com through Coinomi wallet was on 14th February 2019
  • Google’s employee or whoever has control over the data that are sent to googleapis.com processed the data that had my passphrase and that was between 14th and 19th February 2019
  • My crypto assets were stolen on 19th February 2019 starting around 3:30 am UTC and the transactions continued for 15 minutes. At the end 90% of the assets were gone and remaining assets were only left because these assets were supported by Exodus wallet but NOT Coinomi wallet (what a coincidence you say!)

Please note that I took all the security precaution to keep my passphrase and wallet safe. I have a separate isolated virtual machine for it with Anti-Virus/Anti-Malware and firewall installed. I also had other wallets on the same virtual machine for years. Nothing was stolen except for the wallet which I recently used my passphrase in, which is Coinomi wallet!

That would be a very bad publicity for google if this is true. It's also possible that the anti-virus/anti-malware software is the cause of this leak. they "open" encrypted https requests and look inside to search for possible threats.

Since when is google a bank? Since when it's a good idea to store your private keys in a cloud? How is this a bad publicity for google and not the incompetent wallet?

google employees have access to critical data in logfiles and databases. if they use this data and steal bitcoin from people who use google services, how is this not a bad publicity? that means they would also read your mails and make fun about your strange google searches
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins

there are already some people complaining about lost funds. I don't question that this google spell check is a stupid move, but I don't understand how this should leak the private key? the google spell check is (hopefully) a https requests, which is encrypted. and google will not leak the keys for sure. so what did leak the keys?

he claims that someone at Google extract and used the passphrase after HTTPS decryption and not in between as I understand it.

Recap
To recap the events for further investigation:

  • My first passphrase attempt was sent to googleapis.com through Coinomi wallet was on 14th February 2019
  • Google’s employee or whoever has control over the data that are sent to googleapis.com processed the data that had my passphrase and that was between 14th and 19th February 2019
  • My crypto assets were stolen on 19th February 2019 starting around 3:30 am UTC and the transactions continued for 15 minutes. At the end 90% of the assets were gone and remaining assets were only left because these assets were supported by Exodus wallet but NOT Coinomi wallet (what a coincidence you say!)

Please note that I took all the security precaution to keep my passphrase and wallet safe. I have a separate isolated virtual machine for it with Anti-Virus/Anti-Malware and firewall installed. I also had other wallets on the same virtual machine for years. Nothing was stolen except for the wallet which I recently used my passphrase in, which is Coinomi wallet!

That would be a very bad publicity for google if this is true. It's also possible that the anti-virus/anti-malware software is the cause of this leak. they "open" encrypted https requests and look inside to search for possible threats.

Since when is google a bank? Since when it's a good idea to store your private keys in a cloud? How is this a bad publicity for google and not the incompetent wallet?
legendary
Activity: 4004
Merit: 4656
Our glorious overlords apparently have not filled their bags enough yet so feel the need to push the price back downwards. I believe this trend will continue for a month or so until right before Consensus. Where miraculously bitcoin and shitcoin alike will again start to gravitate upwards towards new yearly highs.

All dramatics aside(or maybe this should read to fully embrace the drama), I think the basic problem is still the battle of forks between btc and bch and btcsv. Every time one trys to pump their coins there is an almost immediate dump to drive prices back down and vice versa.

Its really getting quite old dont you think? It is really quite striking to watch this technological wonder grow yet not have a shred of confidence in its price due to the actions of a few. Same as it ever was. #dyor

Nah.  We are supposed to track sideways until October 2019.  No manipulation required.



With all due respect, why are we supposed to repeat prior flat mo for mo?
Every bull and bear in btc so far was different, albeit they "rhymed" in decline %.
For example 2013 double pop (from $12 to $250, then sharp decline into $45, then $1160 peak) was not repeated in 2018-2019.
It is reasonable to suggest that flat may last longer, but i see no "need" for it to last until October.
legendary
Activity: 2520
Merit: 3038
Small profits with these ups and downs. I'm flat at the moment, but I just bought a little more not to let my stash sleep too long  Cool
hero member
Activity: 658
Merit: 851
Bitcoin Whales Have Been Acquiring Large Amounts of Cryptocurrency in Past Two Months

https://www.cryptoglobe.com/latest/2019/02/bitcoin-whales-have-been-acquiring-large-amounts-of-cryptocurrency-in-past-2-months/

"According to the “top 100 rich list” for cryptocurrency, compiled by Bitcoin.com, there are certain “whale wallets” that have been steadily increasing their crypto holdings - with every drop the digital asset market has experienced since December 2017. When crypto prices plummeted on February 24th, a number of whales reportedly bought large amounts of bitcoin (BTC) and bitcoin cash (BCH).
...
Between December 17th, 2018 and February 25th, 2019, the four largest wallets associated with the exchanges (mentioned above) had increased their holdings by 2,879 BTC, an amount valued at approximately $10.8 million. In comparison, the remaining top 100 largest crypto addresses accumulated 151,505 BTC, which is currently valued at over $577 million according to CryptoCompare data."
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