6k market sell. Yawn.
At least there is movement. So clumsy unless it was a margin call on some long.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21111. (Read 26711033 times)
August 08, 2015, 07:37:56 AM
August 08, 2015, 07:31:09 AM
Massive dump happening.
August 08, 2015, 07:30:57 AM
Fairly low volume for such a move.
August 08, 2015, 07:20:13 AM
DUMPPPPPPPPPPP
August 08, 2015, 07:11:41 AM
August 08, 2015, 07:10:59 AM
Oh this is not looking good... 
August 08, 2015, 07:10:13 AM
cheezits crust
August 08, 2015, 07:07:22 AM
How long will this last?
August 08, 2015, 07:03:17 AM
nice 4k market sells
August 08, 2015, 06:40:05 AM
we are going down because of the unsecure brain wallet 
and some scam coin dev cashing out btc... derp when will ppl realize...
August 08, 2015, 06:38:33 AM
August 08, 2015, 06:38:27 AM
we are going down because of the unsecure brain wallet
August 08, 2015, 05:50:54 AM
Brainwallet.com shut down permanently due to DefCon presentation showing high risk
Someone lost 50BTC (~$14k) by using a brainwallet with an empty string
Someone lost 50BTC (~$14k) by using a brainwallet with an empty string
What will happen to the coins that were deposited by Multiple users.
will Brainwallet open after some Time or it has turned into Scam?
I see i am able to log in..
should i remove my coins from there?
EDIT: I am unable to log-in Now.
What do you mean by Empty String?
Yes, it was announced before DefCon that they would be hacking brain wallets and advised everyone to get their coins out of their brainwallets.
Even if you think you're super smart in your pass phrase, it can be hacked easier than a private key.
Nxt wallets often use pass phrases and there have been a significant number of coins stolen by automated bots that crack weak pass phrases.
I didn't expect something similar to happen to Bitcoin wallets. Now a way to crack brain wallets with weak pass phrases has been devised there will be an army of bots attempting to crack them. People on summer holidays might only find out about this when they get back and find their Bitcoins were stolen before they had a chance to move them.
August 08, 2015, 05:50:44 AM
OK... So sideways for the rest of the weekend then we move up or down?
I'm betting on down... then by next weekend the bulls may return...
Why? Because there is nothing in way of big news coming to rally the price. Greece crisis is mute, interest rates may go up, it's the end of summer, bitlicense was a failure, and we tried to hit 300 three times now and only made it past 1 time. Analysts have been predicting lower prices, as well as users. Litecoin on the other hand has a halving coming the 25th this month... which is gonna be interesting to see in a bear market.
I'm betting on down... then by next weekend the bulls may return...
Why? Because there is nothing in way of big news coming to rally the price. Greece crisis is mute, interest rates may go up, it's the end of summer, bitlicense was a failure, and we tried to hit 300 three times now and only made it past 1 time. Analysts have been predicting lower prices, as well as users. Litecoin on the other hand has a halving coming the 25th this month... which is gonna be interesting to see in a bear market.
August 08, 2015, 05:34:10 AM
Brainwallet.com shut down permanently due to DefCon presentation showing high risk
Someone lost 50BTC (~$14k) by using a brainwallet with an empty string
Someone lost 50BTC (~$14k) by using a brainwallet with an empty string
What will happen to the coins that were deposited by Multiple users.
will Brainwallet open after some Time or it has turned into Scam?
I see i am able to log in..
should i remove my coins from there?
EDIT: I am unable to log-in Now.
What do you mean by Empty String?
Yes, it was announced before DefCon that they would be hacking brain wallets and advised everyone to get their coins out of their brainwallets.
Even if you think you're super smart in your pass phrase, it can be hacked easier than a private key.
paper wallets only for me for btc and ltc in a bank's safety deposit box...ONLY copies (in water proof bag in case bank sprinkler system kicks in for some reason) if the bank
gets hit by a metorite and/or it is loss well it will be proof the asic gods hate me and I guess I can move on.....
(jinxed self)
August 08, 2015, 03:43:21 AM
Brainwallet.com shut down permanently due to DefCon presentation showing high risk
Someone lost 50BTC (~$14k) by using a brainwallet with an empty string
Someone lost 50BTC (~$14k) by using a brainwallet with an empty string
Something about a fool and his money
I applaud the move, I think it aids the transition from nerdy tech geeks into the main stream. Brain wallets should not be an option to secure your wealth moving forward.
August 08, 2015, 02:39:00 AM
Brainwallet.com shut down permanently due to DefCon presentation showing high risk
Someone lost 50BTC (~$14k) by using a brainwallet with an empty string
Someone lost 50BTC (~$14k) by using a brainwallet with an empty string
What will happen to the coins that were deposited by Multiple users.
will Brainwallet open after some Time or it has turned into Scam?
I see i am able to log in..
should i remove my coins from there?
EDIT: I am unable to log-in Now.
What do you mean by Empty String?
Yes, it was announced before DefCon that they would be hacking brain wallets and advised everyone to get their coins out of their brainwallets.
Even if you think you're super smart in your pass phrase, it can be hacked easier than a private key.
August 08, 2015, 02:37:09 AM
Brainwallet.com shut down permanently due to DefCon presentation showing high risk
Someone lost 50BTC (~$14k) by using a brainwallet with an empty string
Someone lost 50BTC (~$14k) by using a brainwallet with an empty string
What will happen to the coins that were deposited by Multiple users.
will Brainwallet open after some Time or it has turned into Scam?
I see i am able to log in..
should i remove my coins from there?
What do you mean by Empty String?
The reddit thread is quite a good introduction to the issue. It seems it's not an issue with Brainwallet as such, but rather with people - instead of using a decent passphrase, some people were using trivial phrases. "Empty string" is a passphrase with no length - the simplest, easiest-to-guess passphrase possible. (Another example of a bad passphrase that people have used is "cat" - not an empty string, but a very short (3 character) string. And broken in seconds, apparently.
tl;dr - nothing new under the Sun, and this was a social problem not a technical problem.
August 08, 2015, 02:21:55 AM
Brainwallet.com shut down permanently due to DefCon presentation showing high risk
Someone lost 50BTC (~$14k) by using a brainwallet with an empty string
Someone lost 50BTC (~$14k) by using a brainwallet with an empty string
What will happen to the coins that were deposited by Multiple users.
will Brainwallet open after some Time or it has turned into Scam?
I see i am able to log in..
should i remove my coins from there?
EDIT: I am unable to log-in Now.
What do you mean by Empty String?
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