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

[Gachapin]

The Trezor with a sophisticated pin is even more secure than the Trezor with a secure element!  Because it doesn't use these closed source Secure Elements, that can probably be readout by the companies that produces them, or by people who get their hands on the companies secret.
 
With a good PIN you can go open source and and also eradicate the risk that physical access brings, at the same time!

I would feel more safe loosing a Trezor secured with a 128 Bit PIN than one with a SE.

I agree about the PIN.

I use so small pin in my ledger. I will probably change that soon, as I am a bit worried about it recently.

I created those pin almost 10 y ago. I use 2 pin (as I have one hidden wallet with passphrase).

The ledger has a secure element, so afaik the PIN isn't the sole thing (if at all) used to encrypt the seed.

Means you should be safe from physical access to the chip anyways, even with a short PIN. (safe as far the secret of the SE company isn't used)

[Richy_T]

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

1. New rules for bitcoin (and other tokens, unnamed) coming to US by Jan 1, 2025.
see:
https://gordonlaw.com/learn/new-crypto-cost-basis-rules/
https://www.eisneramper.com/insights/tax/safe-harbor-digital-asset-1224/
https://tax.thomsonreuters.com/news/advice-for-practitioners-on-unused-digital-asset-basis-safe-harbor/

Of course, nothing to worry about if you don't sell. Stable coin tx of less than 10K/year are excluded from reporting, interestingly. Not sure if per broker or total.

In short...there is a safe harbor for you to identify and record ALL your purchase cost basis, so you can later identify what exactly you are selling (if using coinbase). No need to do it, obviously, for something you bought on a CEX and kept there. This needs to be done BEFORE you sell as Coinbase/Gemini/Kraken (just a few examples) would not do it for you (your cost basis) if you did not buy bitcoin there.

Given how wallets actually work under the covers, particularly the old pre-HD Core wallets, this sounds just ridiculous. Should be fun.

[Richy_T]

Realistically, are people using 128 bit pins on their Trezors? That's half the length of a private key.

[Gachapin]

Realistically, are people using 128 bit pins on their Trezors? That's half the length of a private key.

I wouldn't use a 128 Bit PIN on a wallet that needs to be accessed frequently. But for a bigger stash you don't touch maybe for years, why not.

For smaller amounts wallets with SE are totally fine imo

Many wallets are using several SEs from different manufacturers in one device, because it's unlikely that all SE secrets get compromised at the same time.

[ChartBuddy]

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[ChartBuddy]

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[ChartBuddy]

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[ChartBuddy]

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[Gachapin]

4 is enough buddy.

you can have more when you go in the right direction

[ChartBuddy]

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[ChartBuddy]

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[Gachapin]

tumbleweed.gif 

[ChartBuddy]

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[ChartBuddy]

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[ChartBuddy]

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[ChartBuddy]

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[Gachapin]

[SaintFlow]

I guess the others are at the end of the year rally event. Didn't you get the invite?

[xhomerx10]

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

   I wasn't able to figure this out so I called a friend.  They told me that "shabloot" translated to chestnut but they questioned the spelling.  It's a transliteration though so...

  "shabloot" seemed to point to "chestnut" in English but those are no chestnuts I've ever seen.  Google image search has been rendered absolutely useless so that didn't help one bit.  Anyway... I thought maybe it was date seeds and found this on the NIH website:

"Accordingly, in our study, it is hypothesised that supplementation with date seed powder (DSP), as an efficient adjuvant treatment, can improve hyperglycaemia, insulin resistance, hyperlipidaemia, oxidative stress, anti-/inflammatory status, mental health and dysbiosis of the gut microbiota in patients with T2DM "

 and this from iopscience:

"Conclusion: the active substances in date palm seeds can improve oxidative stress in pancreatic beta cells so that it can restore insulin production. Consumption of date seeds has the potential to reduce blood glucose levels in hyperglycemic patients and does not change the glycemic index in normal people."

 After comparing more images, I realized it can't be date seeds either but hey, maybe philipma1957 can use date seed power until we figure out what the heck those things are.  I decided to give it one last try and I'm fairly confident that we're looking at acorns from the mighty oak.



  It would have been nice if there were a few stray caps in the image you provided to help verify but... I'm 95% sure that's what they are.  I don't know anyone who eats them around here - I mean you can eat them but they require processing to remove the tannins otherwise, you'll probably feel sick... you could poison yourself but before that, your tongue will feel like the insole of your boot.  That being said, once properly processed, they are very nutritious and maybe they're also helpful when it comes to treating diabetes:

"Acorn muffins could be utilized as an adjuvant therapy to control appetite and ameliorate glycated haemoglobin in patients with type 2 diabetes. However, further investigations are required for a more comprehensive conclusion." - https://pmc.ncbi.nlm.nih.gov/articles/PMC9922149/

 Have you eaten them?  If so, how do you prepare them?

[Gachapin]

I guess the others are at the end of the year rally event. Didn't you get the invite?

what rally?