Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 120. (Read 26504172 times)
November 04, 2024, 04:51:41 AM
November 04, 2024, 04:01:18 AM
November 04, 2024, 03:01:14 AM
November 04, 2024, 02:34:55 AM
The bitcoinhole shows various hardware wallets and other software and hardware.. but does not rate them.
I think I would go with Passport since it meets most of my requirements and also at the top.
Checked it out and found out that the shipping fee increases as the number ordered increases and it's not arithmetically.
Am I doing something wrong?
November 04, 2024, 02:01:15 AM
November 04, 2024, 01:07:18 AM
In my understanding you don't have to make that choice. An open source wallet will be secure, even if someone gets hold of it. You just need a long enough PIN that encrypts the seed on the device (128 bit is the optimum). Alternatively you can also use an adequate passphrase.
The issue is that sooner or later, you have to decrypt the key with such a wallet. It's not for no reason that those secure elements exist. It's been a while since I've looked into it so I can't offer a comprehensive explanation but I'm sure there are good ones out there for anyone that's interested.
there are wallets that use several SEs from different manufacturers at once. They are probably a good choice if someone wants to go the SE route.
November 04, 2024, 01:03:44 AM
The most famous Trevor I know
Nice to see the man with emotional looking,
This picture reminds me @nutildah Were you like this in your childhood? I don't know exactly but looking well. November 04, 2024, 01:03:28 AM
Quote
Trading bitcoin is a sign of lesser intellect.
Please explain to me (and millions of other traders) the purpose of 'Bitcoin price movement tracking & discussion' in trading (whether long-term or short-term). Even if you consider yourself a holder, you are essentially a long-term trader, and I see no reason to ignore the advantages that technical analysis could offer to make your long-term holdings more profitable.
If you consider yourself a Bitcoin purist who will never exchange your Bitcoin for any services or other currencies, I would argue that this approach is more restrictive than that of day traders using 100x leverage.
November 04, 2024, 01:02:16 AM
In my understanding you don't have to make that choice. An open source wallet will be secure, even if someone gets hold of it. You just need a long enough PIN that encrypts the seed on the device (128 bit is the optimum). Alternatively you can also use an adequate passphrase.
The issue is that sooner or later, you have to decrypt the key with such a wallet. It's not for no reason that those secure elements exist. It's been a while since I've looked into it so I can't offer a comprehensive explanation but I'm sure there are good ones out there for anyone that's interested.
November 04, 2024, 01:01:16 AM
November 04, 2024, 12:44:52 AM
Bitcoin is approaching its first crucial support level ($64,000 - $62,000) after a long-awaited breakout. My analysis indicates that if Bitcoin holds this first support level, it will make a new ATH before the new year; otherwise, the next support level is at the $45,000-$48,000 range.
I will wait for the first crucial support level and buy with a tight stop loss at $61,000. If my stop loss gets triggered, I will sell with another tight stop loss at $62,000. I have mapped the time taken by each potential breakout wave, and it seems to take longer each time, so IMO, if Bitcoin fails to hold at the first crucial support and falls back into a downward channel, it will take even more time to break out.
Let me know your thoughts on my speculation.
Quote
Trading Bitcoin is a sign of lesser intellect
November 04, 2024, 12:31:22 AM
I think that is because they use a secure element (if I remember right). But imo a SE is a security issue in itself, making it impossible to offer a 100% open source wallet.
Yes. It's very much a "choose your poison" kind-of deal. You either trust the chip manufacturer (which you'll kind-of be doing anyway) or you accept that if someone gets hold of your wallet, they may be able to wire a man-in-the-middle. I wouldn't say anyone was wrong for picking one over the other but the other Ledger issues are pretty bad.
....
In my understanding you don't have to make that choice. An open source wallet will be secure, even if someone gets hold of it. You just need a long enough PIN that encrypts the seed on the device (128 bit is the optimum). Alternatively you can also use an adequate passphrase.
November 04, 2024, 12:26:17 AM
Bitcoin is approaching its first crucial support level ($64,000 - $62,000) after a long-awaited breakout. My analysis indicates that if Bitcoin holds this first support level, it will make a new ATH before the new year; otherwise, the next support level is at the $45,000-$48,000 range.
I will wait for the first crucial support level and buy with a tight stop loss at $61,000. If my stop loss gets triggered, I will sell with another tight stop loss at $62,000. I have mapped the time taken by each potential breakout wave, and it seems to take longer each time, so IMO, if Bitcoin fails to hold at the first crucial support and falls back into a downward channel, it will take even more time to break out.
Let me know your thoughts on my speculation.
November 04, 2024, 12:04:43 AM
I think that is because they use a secure element (if I remember right). But imo a SE is a security issue in itself, making it impossible to offer a 100% open source wallet.
Yes. It's very much a "choose your poison" kind-of deal. You either trust the chip manufacturer (which you'll kind-of be doing anyway) or you accept that if someone gets hold of your wallet, they may be able to wire a man-in-the-middle. I wouldn't say anyone was wrong for picking one over the other but the other Ledger issues are pretty bad.
I've thought about rigging a wallet on an RPi Zero. The idea being the wallet would effectively be on the SD card and it would be possible to reconstruct the wallet by finding the right other hardware.
November 04, 2024, 12:01:14 AM
November 03, 2024, 11:59:36 PM
I am not sure whether some of the images of Risto or his circumstances would have had been lost forever with our loss of Imgur, or if some of the images might still be retrievable through archives, such as the picture of him splayed out in front of the pink Rolls Royce, or him lounging in a pile of silver or another image of his burnt castle.. that might have had been accompanied by a local news paper article too.
Oddly enough, imgur isn't so much the issue. Although they block image requests from the bitcointalk image proxy, the images are still reachable. Here is an early Risto pic sourced from imgur.
Unfortunately, it seems for most of his pictures, he didn't use imgur and his pictures have disappeared into dead sites and what seems to be a terminated google account. I think I have the silver picture on a hard-drive somewhere but I am not sure where it might be.
November 03, 2024, 11:21:12 PM
Ledger had a bit better hardware for protecting the keys last I bothered looking but other than that, what others have said is the case. Ledger has been bad with user's information amongst other things. I have one from before and it works well enough though.
The whole point of the hardware wallets is that you shouldn't have to worry about airgap. If designed right, the private keys will never be available on any connected device. I'd recommend not taking anything as a silver bullet though and consider your security needs from a higher level. A hardware wallet is likely part of that consideration but may not be the only.
The whole point of the hardware wallets is that you shouldn't have to worry about airgap. If designed right, the private keys will never be available on any connected device. I'd recommend not taking anything as a silver bullet though and consider your security needs from a higher level. A hardware wallet is likely part of that consideration but may not be the only.
I think that is because they use a secure element (if I remember right). But imo a SE is a security issue in itself, making it impossible to offer a 100% open source wallet.
November 03, 2024, 11:19:09 PM
Aww man... I was hoping when I said "Sorry you had to eat German food" to philipma1957 that someone would have protested! I needed a segue. You guys are no fun.
Anyway, I'm having Rouladen this evening.
Anyway, I'm having Rouladen this evening.
ok I will bite...
My vote is for best German dish:
1) Christmas goose with dumplings, red cabbage, kale, and gravy
2) Blood sausage with sauerkraut and potatoes (also called dead granny)
When I was in my teens, I was invited to have Christmas Eve dinner at a friend's house (German parents), the only food I remember from that was the warm potato salad. It was awesome.
In Germany it's common practice eat something simple (almost always potato salad + Wiener sausage) at Christmas eve (24th), because moms are busy that day. On 25th they prepare poultry (goose is the most common). 26th it's often fish or else
Thanks. I didn't know that - but I probably should have!
November 03, 2024, 11:17:14 PM
Ledger had a bit better hardware for protecting the keys last I bothered looking but other than that, what others have said is the case. Ledger has been bad with user's information amongst other things. I have one from before and it works well enough though.
The whole point of the hardware wallets is that you shouldn't have to worry about airgap. If designed right, the private keys will never be available on any connected device. I'd recommend not taking anything as a silver bullet though and consider your security needs from a higher level. A hardware wallet is likely part of that consideration but may not be the only.
The whole point of the hardware wallets is that you shouldn't have to worry about airgap. If designed right, the private keys will never be available on any connected device. I'd recommend not taking anything as a silver bullet though and consider your security needs from a higher level. A hardware wallet is likely part of that consideration but may not be the only.
November 03, 2024, 11:15:26 PM
Aww man... I was hoping when I said "Sorry you had to eat German food" to philipma1957 that someone would have protested! I needed a segue. You guys are no fun.
Anyway, I'm having Rouladen this evening.
Anyway, I'm having Rouladen this evening.
ok I will bite...
My vote is for best German dish:
1) Christmas goose with dumplings, red cabbage, kale, and gravy
2) Blood sausage with sauerkraut and potatoes (also called dead granny)
When I was in my teens, I was invited to have Christmas Eve dinner at a friend's house (German parents), the only food I remember from that was the warm potato salad. It was awesome.
In Germany it's common practice eat something simple (almost always potato salad + Wiener sausage) at Christmas eve (24th), because moms are busy that day. On 25th they prepare poultry (goose is the most common). 26th it's often fish or sth else
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