Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15306. (Read 26723980 times)

legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
The part in question is the STM32F205RET6 ARM processor which is easy enough to order up at the usual sources.

Unfortunately, counterfeit parts are epidemic in the components industry today, and the incentive to spin up a "special" one of these is...rather large

Can't you trust the usual places to source you clean parts? Where do SatoshiLabs order their parts?

Now you are starting to think.  THAT is a very good question.  One would hope that they have a secure delivery arrangement with the manufacturer...one would hope...their website is mute on the subject.

You guys had convinced me to get one until I read this post.

Is there any evidence to raise the minimum glimpse of suspicion? #doyouknowsomethingwedont?



Let me be clear.

I am NOT trying to spread FUD, nor dissuade anyone from using a Trezor.  This is a purely theoretical threat vector.

I am one paranoid motherfucker gentlemen.  The sums are...substantial...
sr. member
Activity: 392
Merit: 254
The part in question is the STM32F205RET6 ARM processor which is easy enough to order up at the usual sources.

Unfortunately, counterfeit parts are epidemic in the components industry today, and the incentive to spin up a "special" one of these is...rather large

Can't you trust the usual places to source you clean parts? Where do SatoshiLabs order their parts?

Now you are starting to think.  THAT is a very good question.  One would hope that they have a secure delivery arrangement with the manufacturer...one would hope...their website is mute on the subject.

You guys had convinced me to get one until I read this post.

Is there any evidence to raise the minimum glimpse of suspicion? #doyouknowsomethingwedont?



I'd like to know how much damage one of these counterfeit parts can do? How nefarious can they possibly act in this context? Given the amount of dough other people have at stake, I suspect there's already been a lot of digging. I'm personally willing to risk being weirded by technology more than I'm prepared to have someone walk away with a paper wallet. But just barely.
member
Activity: 70
Merit: 21
This is the 4th time on 6hr chart that we've had these bumps back up $750+.  Each time though the overall trend is it drops lower.

I hope we can get a REAL breakout on one of these and stay up finally.  Until then I definitely don't trust the increase in price as having staying power.  We

Isn't that just totally normal? 5% ups and downs, with a big of fluctuation.

And in the long run, since the big correction, the dips have stabilized. 10k - 16k bouncing for a while seems reasonable to me. 8k is possible, but would be an extreme low (that is literally quoting Novogratz, who I trust with predictions).
For the price to really drop, you would need some pretty bad news.

You must be new  Grin

I started in 2016 - for some that is new.

You are saying the price will reach 8k without bad news? Doubt it. Even South Korean FUD hasn't hurt much.
legendary
Activity: 2310
Merit: 1799
Cлaвa Укpaїнi!
So, let's see if I got it all right.

I go to the library, (with my clothes on), download the "make your paper wallet" site from the library computer (so the computer can't be traced to me) onto a USB stick. Buy a refurbished poo computer from Ebay, Get naked, take a shower just to be sure, put on a balaclava thats been in the microwave to kill the microcameras that might have been put there by the Chinese who made it, get an enema, make the wallets, preferably in a dark room with loud music, print them on a virgin printer, pour petrol on the printer and computer and burn them, put the wallets in an envelope seal it with wax and my coat of arms, and put it in my box in the bank.

Did I miss anything?

But seriously, thank you all for your input, I know OPSEC is important, and I do get more and more paranoid as the price goes up.

Do yourself a favour. Get a TREZOR. Seriously. I don't think you want to expose yourself to the risks of owning and maintaining a paper wallet. Write your 24-word seed on 2-3 small pieces or paper, laminate them, and store/hide them safely in 2-3 separate places. Also, use an additional 25th word/phrase (passphrase), so that even if someone finds your seed, it will be useless without the passphrase.

All done! You can sleep peacefully at night. Definitely worth the 100-something € to buy the TREZOR.

^^^ THIS

I really can't understand guys having a "fortune" in crypto and not owning some hardware wallets. You don't even need to put everything you own into it. Just buy it, play with it and, when you are confident enough, decide how much you want to manage with a hardware wallet, how much in paperwallets, how much in exchanges, in software wallets, etc....


I don't trust those electronic gizmo's. Paper and ink is after all paper and ink, and can't be tampered with. Keeping it in a safe place is the least of my worries.
sr. member
Activity: 266
Merit: 250
The part in question is the STM32F205RET6 ARM processor which is easy enough to order up at the usual sources.

Unfortunately, counterfeit parts are epidemic in the components industry today, and the incentive to spin up a "special" one of these is...rather large

Can't you trust the usual places to source you clean parts? Where do SatoshiLabs order their parts?

Now you are starting to think.  THAT is a very good question.  One would hope that they have a secure delivery arrangement with the manufacturer...one would hope...their website is mute on the subject.

You guys had convinced me to get one until I read this post.

Is there any evidence to raise the minimum glimpse of suspicion? #doyouknowsomethingwedont?

legendary
Activity: 2016
Merit: 1259
This is the 4th time on 6hr chart that we've had these bumps back up $750+.  Each time though the overall trend is it drops lower.

I hope we can get a REAL breakout on one of these and stay up finally.  Until then I definitely don't trust the increase in price as having staying power.  We

Isn't that just totally normal? 5% ups and downs, with a big of fluctuation.

And in the long run, since the big correction, the dips have stabilized. 10k - 16k bouncing for a while seems reasonable to me. 8k is possible, but would be an extreme low (that is literally quoting Novogratz, who I trust with predictions).
For the price to really drop, you would need some pretty bad news.

You must be new  Grin
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
So, let's see if I got it all right.

I go to the library, (with my clothes on), download the "make your paper wallet" site from the library computer (so the computer can't be traced to me) onto a USB stick. Buy a refurbished poo computer from Ebay, Get naked, take a shower just to be sure, put on a balaclava thats been in the microwave to kill the microcameras that might have been put there by the Chinese who made it, get an enema, make the wallets, preferably in a dark room with loud music, print them on a virgin printer, pour petrol on the printer and computer and burn them, put the wallets in an envelope seal it with wax and my coat of arms, and put it in my box in the bank.

Did I miss anything?

But seriously, thank you all for your input, I know OPSEC is important, and I do get more and more paranoid as the price goes up.


Seems like if you put it in the bank, then you still need one other location, in case the bank burns down or something.  Whether your second location is your home or another bank, it is not so likely that your catastrophic failure is going to happen at both of your locations at the same time, no?
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
The part in question is the STM32F205RET6 ARM processor which is easy enough to order up at the usual sources.

Unfortunately, counterfeit parts are epidemic in the components industry today, and the incentive to spin up a "special" one of these is...rather large

Can't you trust the usual places to source you clean parts? Where do SatoshiLabs order their parts?

Now you are starting to think.  THAT is a very good question.  One would hope that they have a secure delivery arrangement with the manufacturer...one would hope...their website is mute on the subject.

This is where, despite its truly shamefully cheap physical implementation, the ledger is a cut above as it uses a proprietary, locked down ST31H320 secure micro for the sensitive bit and the ARM just runs the display/buttons and USB.

You will note that that link goes to an adverpage, not a datasheet.  There isn't one.  This is a hardened, enterprise class part.
member
Activity: 70
Merit: 21
This is the 4th time on 6hr chart that we've had these bumps back up $750+.  Each time though the overall trend is it drops lower.

I hope we can get a REAL breakout on one of these and stay up finally.  Until then I definitely don't trust the increase in price as having staying power.  We

Isn't that just totally normal? 5% ups and downs, with a big of fluctuation.

And in the long run, since the big correction, the dips have stabilized. 10k - 16k bouncing for a while seems reasonable to me. 8k is possible, but would be an extreme low (that is literally quoting Novogratz, who I trust with predictions).
For the price to really drop, you would need some pretty bad news.
sr. member
Activity: 392
Merit: 254
The part in question is the STM32F205RET6 ARM processor which is easy enough to order up at the usual sources.

Unfortunately, counterfeit parts are epidemic in the components industry today, and the incentive to spin up a "special" one of these is...rather large

Can't you trust the usual places to source you clean parts? Where do SatoshiLabs order their parts?
sr. member
Activity: 392
Merit: 254
Moonshot. Someone blinked.



There was a 500 coin wall on bitfinex holding things back. It's disappeared now, so $15500 is the next target.

I really wanted to go sideways for a while at $16400. It was a fine number.
legendary
Activity: 1932
Merit: 1610
Self made HODLER ✓
So, let's see if I got it all right.

I go to the library, (with my clothes on), download the "make your paper wallet" site from the library computer (so the computer can't be traced to me) onto a USB stick. Buy a refurbished poo computer from Ebay, Get naked, take a shower just to be sure, put on a balaclava thats been in the microwave to kill the microcameras that might have been put there by the Chinese who made it, get an enema, make the wallets, preferably in a dark room with loud music, print them on a virgin printer, pour petrol on the printer and computer and burn them, put the wallets in an envelope seal it with wax and my coat of arms, and put it in my box in the bank.

Did I miss anything?

But seriously, thank you all for your input, I know OPSEC is important, and I do get more and more paranoid as the price goes up.

Do yourself a favour. Get a TREZOR. Seriously. I don't think you want to expose yourself to the risks of owning and maintaining a paper wallet. Write your 24-word seed on 2-3 small pieces or paper, laminate them, and store/hide them safely in 2-3 separate places. Also, use an additional 25th word/phrase (passphrase), so that even if someone finds your seed, it will be useless without the passphrase.

All done! You can sleep peacefully at night. Definitely worth the 100-something € to buy the TREZOR.

^^^ THIS

I really can't understand guys having a "fortune" in crypto and not owning some hardware wallets. You don't even need to put everything you own into it. Just buy it, play with it and, when you are confident enough, decide how much you want to manage with a hardware wallet, how much in paperwallets, how much in exchanges, in software wallets, etc....
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Now that the forum is completely pessimistic I wouldnt be suprised if it just spiked straight up to 20K like 'Aha! Fooled you. The bear market is off.'

so I see you set yourself up for both ways eh? you should be a cold reader. the credulous folk would see you as a psychic genius...


EXACTLY what these predicting folks try to do.  Predict in both directions, and then try to act as if whatever happens was consistent with what they were predicting all along.  The best posters remain those who condition their predictions and remain humble about correct outcomes.  I really doubt that anyone can predict with more than 80% confidence, and even that is quite high, but yeah, I already understand that a large majority of folks do like to predict in terms of absolutes, even though future outcomes do not work like that (until they become historical events).   Wink
I was making more of a sarcastic remark rather than a prediction.

However there are people who set themselves up using a matrix of accounts with every combination of multiple predictions. For example if there are 3 yes/no predictions to be made then they need 8 accounts. Whichever account made all the correct predictions is then used to pump something.

You know too much about the business of trolling.  Therefore, you should be eliminated...  Wink   That's my level of endearment, currently, towards your asserted good intentions.   Tongue
sr. member
Activity: 292
Merit: 265
Moonshot. Someone blinked.



There was a 500 coin wall on bitfinex holding things back. It's disappeared now, so $15500 is the next target.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
The part in question is the STM32F205RET6 ARM processor which is easy enough to order up at the usual sources.

Unfortunately, counterfeit parts are epidemic in the components industry today, and the incentive to spin up a "special" one of these is...rather large
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Haha, now this is choice.
http://www.businessinsider.com/ethereum-founder-threatens-to-leave-if-the-crypto-community-doesnt-grow-up-2017-12

Vitalik Buterin goes on a rant pointing out all that is currently wrong with the crypto world, as well as admitting what goals Ethereum and other cryptos haven't yet accomplished.

But then he threatens to leave the Ethereum project because of it. Which inadvertently highlights another fallacy: how important he supposedly believes he is to the Ethereum project, or that a decentralized cryptocurrency should have ever had a CEO/Lead creator/developer in the first place.  Tongue  Roll Eyes

Also, it's pretty ironic that the MSM want to use the analogy of Beanie Babies when referring to Bitcoin. But the CryptoKitties dapp is literally a digital version of Beanie Babies reincarnate. But of course they don't say shit about that.

He wants the Crypto community to grow up whilst he posts a pic of himself in which he looks about 12 years old?

... Whilst threatening to rage quit as a crying child would do because of trolls are being just trolls.

ETH is an exploding clown car. So now he cares? There isn't a worthwhile dApp now, and there wasn't even the hint of one when he created this mess. It has no use case. It never did. He should feel bad.

missing the boat and didnt buy ETH at sub 10 $?  Cry

I saw that boat. I chose to stay in this one. No big woop.


Bet you saw the other 20 or so  now mega yachts too....like me....sux dont it?

I don't come to any kind of conclusion regarding your boat being bigger than mine, in the event that it happens to be bigger.

My bitcoin boat is performing about 3x to 4x beyond my most bullish expectations, so what good does it do to conclude that the grass is greener somewhere else, or I could have been 20x.. ?  Who fucking cares?  Does not matter in the whole scheme of things, because bitcoin has been delivering and is likely to continue to deliver. 

Perhaps some of the alts, such as ETH or BCH or some of the others might deliver in the future and could perhaps deliver BIGGER than bitcoin, bitcoin still does not seem to be a bad boat to be in, when you weigh the pros, cons, and both the upside and downside risks.  Good luck to you and your various alts...  and anyone else who feels inclined to compare the size of dicks, I mean boats.  Tongue

legendary
Activity: 2590
Merit: 4839
Addicted to HoDLing!
So, let's see if I got it all right.

I go to the library, (with my clothes on), download the "make your paper wallet" site from the library computer (so the computer can't be traced to me) onto a USB stick. Buy a refurbished poo computer from Ebay, Get naked, take a shower just to be sure, put on a balaclava thats been in the microwave to kill the microcameras that might have been put there by the Chinese who made it, get an enema, make the wallets, preferably in a dark room with loud music, print them on a virgin printer, pour petrol on the printer and computer and burn them, put the wallets in an envelope seal it with wax and my coat of arms, and put it in my box in the bank.

Did I miss anything?

But seriously, thank you all for your input, I know OPSEC is important, and I do get more and more paranoid as the price goes up.

Do yourself a favour. Get a TREZOR. Seriously. I don't think you want to expose yourself to the risks of owning and maintaining a paper wallet. Write your 24-word seed on 2-3 small pieces or paper, laminate them, and store/hide them safely in 2-3 separate places. Also, use an additional 25th word/phrase (passphrase), so that even if someone finds your seed, it will be useless without the passphrase.

All done! You can sleep peacefully at night. Definitely worth the 100-something € to buy the TREZOR.
sr. member
Activity: 392
Merit: 254
Moonshot. Someone blinked.

sr. member
Activity: 392
Merit: 254

My understanding is that Trezor is totally open source, so it seems that someone who is sophisticated enough would be able to build their own Trezor and/or to tweak it in any kind of personalized way that they would like - surely a kind of feature that is beyond my current abilities to take advantage of such.  I suppose if bitcoin makes me rich enough, then I could hire someone to do such; however, can we really trust hired help with securing the vast majority of our wealth?   

it is, the issue becomes sourcing guaranteed genuine microcontroller parts

Oh. I see. You boys are talking about a DIY hardware wallet. That's a good idea.
legendary
Activity: 3388
Merit: 3514
born once atheist
Very interesting CNBC conversation around Bitcoin and hedge funds.

https://www.cnbc.com/video/2017/12/26/hedge-funds-want-in-on-the-bitcoin-action-heres-why.html

Yep...

Holy moley!!!

This guy has a very conservative presentation of the bitcoin situation, and even how bitcoin might fit into traditional financial thinking - but if you really consider what he is saying, it seems that bitcoin has to do another 5x - 10x before it is going to begin to be treated seriously by traditional investment circles.

It's getting more and more publicity each day. All that publicity will get more and more newcomers investing in bitcoin every day.

There were almost a hundred thousand new members registered on bitcointalk in November this year. During November last year it was closer to ten thousand new members registered. When it's a million new members a month bitcoin will be going mainstream.


hahahahaha..

That is funny.   Cheesy

Imagine, the registration of 20k trolls out of the 100k new members in November 2017; however, when we reach a million members registered in a month, the trolls will have to work harder on a percentage basis, and perhaps, there will be 50k trolls, yet we know that trolls are louder than regular peeps, they are smarter too, and they don't scare off easily.. .Those fucks.   Angry Angry   but the trend is against the fuckjob trolls.... sorry lillie trolls, you are in a losing battle, ultimately....  Cry Cry  But you can still come over to the enlightened side and buy ur selfies a bit of bitcoin, because even today's prices are going to seem cheap when the monthly registrations reach 1million per month...  Kiss

So every time someone says  "trolls" on this thread i hafta drink...damn! . jjg just made me run outta boos!
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