Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[WatChe]

Name: Shabloot (Urdu Language)

Just discovered this dry fruit in my local fruit market and it's written in urdu language that "This fruit is for Diabetes"

Anyone has tried this

[promise444c5]

six in a row is enough buddy

You got what you asked..

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Hueristic]

If any of you guys hold Tesla stock you better get out while the getting's good.

Even if elon sucking up doesn't gets them a a bailout the stock is gonna tank.

Literally shit starting to hit the fan now that hertz is dumping 2023's for under 18k. LOL

Another company Elon ran into the ground!  That guys gonna be broke when his government welfare checks stop!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Torque]

If any of you guys hold Tesla stock you better get out while the getting's good.

Even if elon sucking up doesn't gets them a a bailout the stock is gonna tank.

Literally shit starting to hit the fan now that hertz is dumping 2023's for under 18k. LOL

Another company Elon ran into the ground!  That guys gonna be broke when his government welfare checks stop!

I don't own any Tesla stock, but...

[Biodom]

Beware: A few important 'things' coming by Jan 1-Jan 13...relevant to US only, sorry.

<snip>
2. For business owners, watch the developments of the BOI appeal.
Things can still change in the interim, though. Further extension was dropped from the CR bill almost at the last moment.
https://www.thetaxadviser.com/news/2024/dec/boi-injunction-lifted-reporting-deadline-is-jan-1-2025.html

Lol...postponed again. A different panel of judges of the SAME 5th Circuit court of appeals reinstated the injunction so Jan 13 deadline is not in effect again.
Dec 23 one decision, Dec 27, the opposite...again, from the same court.

How are we (business owners) suppose to understand all of it if they themselves could not figure it out?
A rhetorical question.

[Hueristic]

If any of you guys hold Tesla stock you better get out while the getting's good.

Even if elon sucking up doesn't gets them a a bailout the stock is gonna tank.

Literally shit starting to hit the fan now that hertz is dumping 2023's for under 18k. LOL

Another company Elon ran into the ground!  That guys gonna be broke when his government welfare checks stop!

I don't own any Tesla stock, but...

CORRECT,

Their regulatory credit WELFARE checks are going to stop.

Link for anyone that doesn't know what we are talking about.


https://www.cnn.com/2021/01/31/investing/tesla-profitability/index.html

[JayJuanGee]

AFA losing access to your trezor, it doesn't matter, if you lose access to any wallet move your coins immediately!

You seem to be suggesting that it does not matter if the Trezor has a secure element or not?

If you lose physical possession of your trezor, then the coins should be moved?

I always considered the standard wallet (the one without a passphrase) to be a canary in the coalmine, if it were to get jeopardized first.

You want to gamble with your coins? 

I don't think that's a very bright idea.

I don't care what anyone says if you lose possession no matter how "protected" you think your seed is you would be playing with fire not to move them.

Many folks might not even know if they lost possession or not. They cannot find their Trezor, but they also cannot remember for sure where they last put their Trezor.

I know about a person in real life who had such a situation happen.

I am not exactly disagreeing with you, and by the way, we even had a forum member describe a situation of losing his Ledger (not that that piece of crap Ledger is exactly as good as Trezor), but I am suggesting that it might be difficult to know if your security has been breached, including making sure that your Trezor is in the place that you last left it.  Also, I am saying that your level of panic may well be at different levels (on the margin) regarding if your Trezor has a secure element or not.  Sure maybe the same result comes about in the end, yet the same result might not happen on the margin (or the threshold situations), so you can say for yourself whether you treat them exactly the same or not. 

I have my doubts, and that was the purpose of my question to you in regards to whether you were suggesting to treat the secure element Trezor the same as the non-secure element Trezor, and since we are having a little chat, do you believe that having more complicated pin codes with the non-secure element Trezor is materially helpful in regards to some materially sophisticated hacker to be able to extract your Trezor's seed words after gaining physical access to it?

....At the same time, I would suggest that you are wrong in regards to your description of the vulnerability being ameliorated by having a stronger pin number, which I believe hardly does shit if someone has  physical access to the device with a non-secure element.  
....

no no JJG .... The PIN is used to encrypt the seed on your device. A strong (long) PIN cannot be cracked via brute force, so it's not possible to decrypt your seed when someone gets hold of your device.
That's why Trezor enabled PINs with 50 digit length (maybe longer), when they fixed the vulnerability of physical access a few years ago.  

Means, if your PIN is long enough (has enough entropy) nobody can get the seed out of your device.
No (un)secure element needed !

I recall that the security breach of having physical access to the Trezor was from several years ago, and I thought that the ONLY remedies was avoiding physical access to the Trezor and/or having a passphrase, as is stated in this Kraken Blog article.  The Article describes brute forcing the pin too, yet I cannot recall the pin being less vulnerable based on length and complication, even though what you say makes sense if they have to brute-force the pin, too.

Until I see something more clear, I will have to take what you are saying about the creation of a more robust pin (as the solution to the problem) with a grain of salt.

haha no need to trust me.... that the PIN protects your Trezor against physical attacks by encrypting the seed is written in the adtual article you posted yourself...  

We then crack the encrypted seed, which is protected by a 1-9 digit PIN, but is trivial to brute force.

https://blog.kraken.com/product/security/kraken-identifies-critical-flaw-in-trezor-hardware-wallets

Again, that's why Trezor upped the possible PIN length to 50 digits (166 Bits), so there is no possibility to brute force anymore.

If that 2020 article is proclaiming that changing the pin number protects you from attack, then why did they not list such protection in their suggestions?  Here's what the article says:



Maybe there is a newer article going into such details that describe how making a more sophisticated pin code helps?  or prevents hack-ability, as you seem to want to proclaim.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[AlcoHoDL]

[...]

Many folks might not even know if they lost possession or not. They cannot find their Trezor, but they also cannot remember for sure where they last put their Trezor.

[...]

This may sound too harsh, but these people do not deserve to own Bitcoin. I will not feel the slightest bit of sympathy for them if they lose their coins.

Would they do the same if they had a suitcase full of cash? Would they forget where they last put it? I bet they wouldn't.

[Biodom]

[...]

Many folks might not even know if they lost possession or not. They cannot find their Trezor, but they also cannot remember for sure where they last put their Trezor.

[...]

This may sound too harsh, but these people do not deserve to own Bitcoin. I will not feel the slightest bit of sympathy for them if they lose their coins.

Would they do the same if they had a suitcase full of cash? Would they forget where they last put it? I bet they wouldn't.

Extended family history: lost (for a time) quite a bit of money (bearer bonds or something like that) by putting them, as it turned out, inside a big book, then properly forgetting it completely. Family was looking for this for years, then found the 'instruments' when they were moving many years later. Alas, by then most of the value was eaten by inflation.
Don't think that you would always remember that odd password that you concocted recently and did not write down somewhere. Memories do fade.

[SuperBitMan]

https://twitter.com/TheBTCTherapist/status/1872593940857364548?t=Ahm3gSepKa_G2vi1_jE13w&s=19

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

[...]
Many folks might not even know if they lost possession or not. They cannot find their Trezor, but they also cannot remember for sure where they last put their Trezor.
[...]

This may sound too harsh, but these people do not deserve to own Bitcoin. I will not feel the slightest bit of sympathy for them if they lose their coins.

Would they do the same if they had a suitcase full of cash? Would they forget where they last put it? I bet they wouldn't.

Extended family history: lost (for a time) quite a bit of money (bearer bonds or something like that) by putting them, as it turned out, inside a big book, then properly forgetting it completely. Family was looking for this for years, then found the 'instruments' when they were moving many years later. Alas, by then most of the value was eaten by inflation.
Don't think that you would always remember that odd password that you concocted recently and did not write down somewhere. Memories do fade.

Yep, we should probably be reassessing and going through our various security set ups (like testing passwords and access) on about a yearly basis, yet easier to say than done because sometimes it can be time consuming to go through various matters.  I have a set of physical and electronic keys for a smart lock that have been sitting on one of my bookshelves for more than 6 months, on the list of things to do.. to program and to hide them in their various locations.. ..

Also frequently through the year, I will add various new passwords, change some passwords and perhaps even delete a few accounts, including some of them are 12/24 seedwords, and so at a certain time of the year, I am supposed to update them into my storage systems and hopefully I don't lose them or leave exposure to any of them while they are in the process of waiting to be added to my updated system.

Surely some of us may have had relatives who pass and we try to figure out what accounts they have, and i even had some relatives tell me that they want me to know their passwords in case something happens to them, and my most common response is that they need to keep their passwords in a safe place that would be accessible upon their passing, which surely is easier said than done... and most likely value ends up getting lost when persons pass and so many passwords that they are not even able to keep track of.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[AlcoHoDL]

[...]

Many folks might not even know if they lost possession or not. They cannot find their Trezor, but they also cannot remember for sure where they last put their Trezor.

[...]

This may sound too harsh, but these people do not deserve to own Bitcoin. I will not feel the slightest bit of sympathy for them if they lose their coins.

Would they do the same if they had a suitcase full of cash? Would they forget where they last put it? I bet they wouldn't.

Extended family history: lost (for a time) quite a bit of money (bearer bonds or something like that) by putting them, as it turned out, inside a big book, then properly forgetting it completely. Family was looking for this for years, then found the 'instruments' when they were moving many years later. Alas, by then most of the value was eaten by inflation.
Don't think that you would always remember that odd password that you concocted recently and did not write down somewhere. Memories do fade.

I don't know about you, but for me, the physical location of my Trezor is something I cannot ever forget, unless I suffer some kind of stroke or other brain damage, in which case my coins will most probably be lost, as I won't be able to unlock the Trezor if I ever find it...

Not talking about passwords, but about the wallet's physical location.

It's the items we perceive as being of low worth, that we tend to misplace...

[cAPSLOCK]

The dude arrived on his celebrating BTC and new years destination

Were is it … merit boost worthy for the correct location

Thank you BTC

Madeira