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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29428. (Read 26608802 times)

hero member
Activity: 574
Merit: 500
We starting a pool on the next update time frame from gox Friday 7pm Japan?
sr. member
Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
^^ lol

Back to btc.  I'm thinking that I smell a trap.


bought my btc for 540-580 last week, i thought it was a nice deal at this time, now they are back down at this price  Undecided

gox price make you feel like that 570 is stil expensive. they do a good job...



If it makes you feel any better, I think you'll be alright.  You may have to wait a while though.
hero member
Activity: 681
Merit: 507
^^ lol

Back to btc.  I'm thinking that I smell a trap.


bought my btc for 540-580 last week, i thought it was a nice deal at this time, now they are back down at this price  Undecided

gox price make you feel like that 570 is stil expensive. they do a good job...

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
^^ lol

Back to btc.  I'm thinking that I smell a trap.
hero member
Activity: 910
Merit: 1003
Can I be your partner?  I promise that I won't rob you!
I am 100% certain that you won't.  Grin
sr. member
Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
Those are high security steps.  [ ... ]

But I suppose that you noticed the crucial missing step in that recipe, right?  Wink

Can I be your partner?  I promise that I won't rob you!
hero member
Activity: 910
Merit: 1003
Those are high security steps.  [ ... ]

But I suppose that you noticed the crucial missing step in that recipe, right?  Wink
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
OK, again, here is what I would do if I had to safely store several hundred thousand bitcoins that my clients gave me for safekeeping. 

First, I would create a dozen new addresses and distribute the bitcoins evenly among them.  I do not believe in trapdoor functions, and I know what NSA did to that random number generator; so I instead of any "modern" encryption I would use the old and guaranteed one-time-pad method. I would generate a file of truly random bits (say, extracted from the microphone signal), and XOR it with the private keys.  Then I would copy the result to a pen drive, check that the copy succeded, safely remove the pendrive (see, I learned my lesson!) I would repeat with a second pendrive and give it to my partner.  Then each of us would go to a different bank, on separate cars, and store his pendrive in a safe deposit box. Only then I would go back and reformat the hard drive of my computer.


Do I really need to add the "stupid smiley" here?)

Those are high security steps.  If you were obsessive about security, a good prior step would be to build a fresh vm with a restrictive firewall on which to perform the manipulations.  A good posterior step would be to break up both the pad and the keys using turbo codes and distribute them over a number of pendrives, such that e.g. any three of nine suffice to reconstitute the data, and treat them similarly.

In a business, however, security measures must be designed to optimize under constraints, requirements, which these extremist schemata do not accomodate.
hero member
Activity: 574
Merit: 500
http://www.reddit.com/r/Bitcoin/comments/1yilnh/proof_mtgox_is_working_on_fix/

I haven't clicked any of the URLs but I this could be some strong bull FUD


Was just about to post that...

Oh, how I want to believe

I would assume it can be back checked somewhat.. and or dis proven pretty quickly though

I do recognize the ntxid syntax from one of their statements.
hero member
Activity: 583
Merit: 500
http://www.reddit.com/r/Bitcoin/comments/1yilnh/proof_mtgox_is_working_on_fix/

I haven't clicked any of the URLs but I this could be some strong bull FUD


Was just about to post that...

Oh, how I want to believe
hero member
Activity: 574
Merit: 500
http://www.reddit.com/r/Bitcoin/comments/1yilnh/proof_mtgox_is_working_on_fix/

I haven't clicked any of the URLs but I think this could be some strong bull FUD
sr. member
Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
^^ That's nice as well.   Grin
sr. member
Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
hero member
Activity: 910
Merit: 1003
OK, again, here is what I would do if I had to safely store several hundred thousand bitcoins that my clients gave me for safekeeping. 

First, I would create a dozen new addresses and distribute the bitcoins evenly among them.  I do not believe in trapdoor functions, and I know what NSA did to that random number generator; so I instead of any "modern" encryption I would use the old and guaranteed one-time-pad method. I would generate a file of truly random bits (say, extracted from the microphone signal), and XOR it with the private keys.  Then I would copy the result to a pen drive, check that the copy succeded, safely remove the pendrive (see, I learned my lesson!) I would repeat with a second pendrive and give it to my partner.  Then each of us would go to a different bank, on separate cars, and store his pendrive in a safe deposit box. Only then I would go back and reformat the hard drive of my computer.


Do I really need to add the "stupid smiley" here?)
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
The whalebots are coming.
legendary
Activity: 896
Merit: 1000
Any news?

Insider getting ahead of the market?

My guess some people on Gox making good money, maybe new funds that arrived, and the idiots on Stamp following them going omg buuuuuy omg sell!!

Going by charts (Huobi, Stamp, and Gox), it looks like China had a little rise. Bitstamp followed. Then some on gox followed, and that triggered a full on "omg news?" rally.

Then people realized nothing happened and proceeded to sell again Tongue
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