Here's my detailed technical analysis of current events:
LOL, that made me chuckle.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31984. (Read 26608495 times)
November 17, 2013, 02:10:11 AM
LOL, that made me chuckle.
November 17, 2013, 02:08:29 AM
Isn't there a checksum?
Yes, there is a link on the download page "Verify release signatures".
Verifying the checksum of Bitcoin software is important.
is daunting.
Checksum is for validating bit errors likely to occur in a bit stream i.e. communication channel. It is NOT EVER EVER meant to be used cryptographically!! It is very feasible to modify the file and keep a valid checksum. In fact, CRC was used in the old 802.11/WEP standard as a message authentication code, and we know how well that worked out.
The entire file needs to be signed, or a secure hash (SHA256 hash in this case) that is signed. Signed by whom and validated by whom in which chain of trust is another can of worms best left unopened.
I know that what is actually provided is a SHA256 hash and not a checksum so I'm just being mean :-(
Edit: Technically it should be a MAC like HMAC_SHA256 as a pure SHA256 is vulnerable to a padding based attack, while SHA-3/Keccak in general is not.
November 17, 2013, 02:01:50 AM
November 17, 2013, 01:56:55 AM
Isn't there a checksum?
Yes, there is a link on the download page "Verify release signatures".
Verifying the checksum of Bitcoin software is important.
is daunting.
Checksum is for validating bit errors likely to occur in a bit stream i.e. communication channel. It is NOT EVER EVER meant to be used cryptographically!! It is very feasible to modify the file and keep a valid checksum. In fact, CRC was used in the old 802.11/WEP standard as a message authentication code, and we know how well that worked out.
The entire file needs to be signed, or a secure hash (SHA256 hash in this case) that is signed. Signed by whom and validated by whom in which chain of trust is another can of worms best left unopened.
I know that what is actually provided is a SHA256 hash and not a checksum so I'm just being mean :-(
Edit: Technically it should be a MAC like HMAC_SHA256 as a pure SHA256 is vulnerable to a padding based attack, while SHA-3/Keccak in general is not.
November 17, 2013, 01:56:39 AM
Isn't there a checksum?
Yes, there is a link on the download page "Verify release signatures".
Verifying the checksum of Bitcoin software is important.
is daunting.
The checksums are signed.
November 17, 2013, 01:56:21 AM
or maybe the first wave of interest hit china and all those rich ppl ?
November 17, 2013, 01:51:07 AM
I'm so confused. 
What is actually driving this movement in China? It must be upper 90% speculation? And why are the moves so tight? Any blip in China and we almost immediately see equivalent movement in US markets. Just bots? Or something else?
Full disclosure: I sold at ~$310 and yes I'm sick about it.
What is actually driving this movement in China? It must be upper 90% speculation? And why are the moves so tight? Any blip in China and we almost immediately see equivalent movement in US markets. Just bots? Or something else?
Full disclosure: I sold at ~$310 and yes I'm sick about it.
November 17, 2013, 01:47:43 AM
Isn't there a checksum?
Yes, there is a link on the download page "Verify release signatures".
Verifying the checksum of Bitcoin software is important.
is daunting.
November 17, 2013, 01:44:02 AM
Isn't there a checksum?
Yes, there is a link on the download page "Verify release signatures".
Verifying the checksum of Bitcoin software is important.
November 17, 2013, 01:05:21 AM
might as well ask on here: how do you verify (?pgp key) that the bitcoin qt is legit from bitcoin.org ?
http://bitcoin.org/en/download
notice the .exe is 9mb but in actuality it is 11.1 mb.... did someone alter it?
http://bitcoin.org/en/download
notice the .exe is 9mb but in actuality it is 11.1 mb.... did someone alter it?
sirus runs that site, i doubt something odd is going on. (unless hacked)
Yes, there is a link on the download page "Verify release signatures".
Verifying the checksum of Bitcoin software is important.
November 17, 2013, 01:02:59 AM
Here's my detailed technical analysis of current events:
November 17, 2013, 01:02:06 AM
November 17, 2013, 01:01:20 AM
I cannot wait till the first 5k+ ask pops up on an exchange.
And as everyone is trying to get out on top, you can bet a domino popping effect of big asks and stampede to eat bids, it won't be pretty then.
November 17, 2013, 12:52:18 AM
might as well ask on here: how do you verify (?pgp key) that the bitcoin qt is legit from bitcoin.org ?
http://bitcoin.org/en/download
notice the .exe is 9mb but in actuality it is 11.1 mb.... did someone alter it?
http://bitcoin.org/en/download
notice the .exe is 9mb but in actuality it is 11.1 mb.... did someone alter it?
sirus runs that site, i doubt something odd is going on. (unless hacked)
November 17, 2013, 12:47:27 AM
I cannot wait till the first 5k+ ask pops up on an exchange.
November 17, 2013, 12:31:02 AM
I think the price might actually climb after the senate meeting
I was thinking this, but now that so many people think it, I'm starting to doubt it.There is that old saying "Buy the rumor, sell the news", so, likely, traders may sell on the news while n00Bh speculators may buy. With this demographic, I don't even assume to know what will happen, new money may outpace those looking to take profits.
There are far too many influences in play. Maybe large investors are waiting for the all-clear to buy in. Or maybe the meetings are being completely overhyped, and nothing even happens at all.
The way I see it, if it goes down and my coins lose value, I can live with that. But if I sell and it goes up, I have fallen off the train, and that would be unbearable after coming this far already.
November 17, 2013, 12:21:02 AM
the working class is buying in china and they have free time on the weekends.
Any evidence to support that hypothesis or is that just made up because "It might probably be true" ?
There was a thread that specifically asked about banking on weekends, and, apparently, they are open for normal business. I can't verify the veracity, only that the statement was made, and sadly can't (won't bother to) find the thread, though, it was here, somewhere. :-)
many of the chinese traders are also women:)
Right, where did I just read that?
Anyway, for all we know, they may be casually thinking that $1000 (or whatever the equivalent would be) is the first (next) big number. They probably don't really think about $10 coins or $4 coins or $0.80 coins.
November 17, 2013, 12:02:01 AM
November 16, 2013, 11:54:59 PM
There was a thread that specifically asked about banking on weekends, and, apparently, they are open for normal business. I can't verify the veracity, only that the statement was made, and sadly can't (won't bother to) find the thread, though, it was here, somewhere. :-)
A six day week is standard in China and Shanghai certainly never closes: banks used to close on a Sunday in HK but that may have changed since the handover (1997).
I used to live in China.
"money, money, make money"
November 16, 2013, 11:37:32 PM
the working class is buying in china and they have free time on the weekends.
Any evidence to support that hypothesis or is that just made up because "It might probably be true" ?
There was a thread that specifically asked about banking on weekends, and, apparently, they are open for normal business. I can't verify the veracity, only that the statement was made, and sadly can't (won't bother to) find the thread, though, it was here, somewhere. :-)
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