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Thread: The Bitcoin Tracking Thread

  1. #1021
    Unobtanium PatColo's Avatar
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    Re: The Bitcoin Tracking Thread

    Quote Originally Posted by Jewboo View Post
    THIS could instantly destroy bitcoin digital wallets. Nobody seems to care...?


    I'm still not a bitcoin'er, just been watching from the sidelines. So how will a BTC wallet be "destroyed", any more than Au/Ag rising & falling will destroy anyone's stash? Just the USD value of their account will change, no?

    Maybe certain futures accounts on the wrong side of the volatility, thanks to margin.

    edit: Oh just noticed your clickable THIS... that's why I generally BOLD my links; hard to see otherwise! So (((spectre))) eh? Yeah, that's a thought! Whole (((banking industry))) would appear similarly vulnerable though. Israel's Operation Talpiot... holding the IT world hostage.
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  2. #1022
    Bitcoin Miner Ares's Avatar
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    Re: The Bitcoin Tracking Thread

    Quote Originally Posted by Jewboo View Post
    THIS could instantly destroy bitcoin digital wallets. Nobody seems to care...?


    It is conditional.. IF the CPU is instructed to monitor for the private key which is never loaded into memory, and only used during sending a transaction. If you have a full node wallet and you encrypt the wallet even the software doesn't have access to the private key and will prompted you to unlock the wallet before being able to access the private key to send your Bitcoin.

    So yes it is a possibility, but is a conditional possibility and conditions would have to be in place in order to get the private key to steal your coins.

    However if you use a Hardware wallet (Ledger, Trezor etc.) Then it's not possible as the private key doesn't exist anywhere except on the hardware wallet.

    Here is the good news. Ledger’s devices are not affected by these attacks.

    First of all, to exploit these flaws, the attacker has to be able to run arbitrary code. As long as you only use Ledger’s embedded apps (which is strongly recommended), your Nano S / Blue is not vulnerable to these kind of attacks.
    Furthermore, BOLOS (Ledger’s secure OS) runs on Secure Chips and takes advantage of Hardware security features such as MPU to ensure memory isolation between OS and apps spaces. On general purpose CPUs, the performance is the main concerns, no specific hardware-based mechanism is provided to enforce isolation
    Meltdown attack takes advantage of general purpose CPU which implement ‘out of order’ execution to improve performance. The Secure Core implemented in the Secure Element of Ledger Nano S does not embed such a feature. It’s not designed for performance but for security.


    https://www.ledger.fr/2018/01/04/mel...-amd-arm-risk/
    "Paper is poverty, it is only the ghost of money, and not money itself." --Thomas Jefferson to Edward Carrington, 1788
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  4. #1023
    Unobtanium PatColo's Avatar
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    Re: The Bitcoin Tracking Thread

    https://www.coindesk.com/price/ the 24h graph isn't loading; I find that every now & then @ coindesk. But from the text data, volatility continues!

    Today's Open$11,522.86
    Today's High$11,868.72
    Today's Low$10,266.90
    Change$-975.82
    Market Cap$0.177
    Supply16,819,525
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  5. #1024
    Unobtanium EE_'s Avatar
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    Re: The Bitcoin Tracking Thread

    GAME'S UP? Panicky Bitcoin investors struggle to withdraw cash from money exchanges as they look to ‘safe’ gold investments amid fears of cryptocurrency collapse
    The cryptocurrency's value has fallen by around 40 per cent to 8,000 in just one month
    By Jay Akbar
    22nd January 2018, 12:00 pmUpdated: 22nd January 2018, 5:03 pm

    THERE are mounting fears that Bitcoin investors will struggle to get their cash out after the cryptocurrency's value fell 40 per cent in a single month.

    Many are looking to put their money in gold instead, with some European gold traders reporting a "five fold increase" in demand amid fears Bitcoin could collapse entirely.

    Bitcoin owners are flocking to invest in gold amid fears the cryptocurrency may collapseREUTERS

    Bitcoin owners are flocking to invest in gold amid fears the cryptocurrency may collapse
    But it could be bad news for investors tied up in Bitconnect who fear they will lose their money after the controversial trader announced it was shutting down.

    It assured customers they would be able to withdraw at a "recent exchange rate" but "continuous cyber-attacks" have prevented them from doing so, Fortune reports.

    Concerned investors have since taken to social media to complain they fear losing anything from a few thousand dollars to their entire "family savings".

    Adding to fears, some panicked investors have reportedly been tricked into handing over the contents of their cryptocurrency wallets by scammers presenting themselves as Bitconnect "customer support".

    Many bitcoin investors report having difficulty in withdrawing their money before the currency collapsesREUTERS

    Many bitcoin investors report having difficulty in withdrawing their money before the currency collapses
    Wall Street veteran Peter Boockvar has warned of an impending "epic crash" which could slash 90 per cent off Bitcoin, currently valued at around 8,300.

    He told CNBC the cryptocurrency's value could fall to between $1,000 (718) and $3,000 (2,154) over the next year.

    This uncertainty is driving Bitcoin owners to invest in the more reliable gold, according to Daniel Marburger, director of Coininvest.

    He told the Times how he sold 30kg of gold worth around 1million on "one crazy day" - January 16.

    CEO of Ripple, Brad Garlinghouse, explains how he sees the future for his cryptocurrency and its rival Bitcoin
    Gold traders have been inundated with requests from people wanting to invest in the more reliable precious metal insteadALAMY

    Gold traders have been inundated with requests from people wanting to invest in the more reliable precious metal instead
    Marburger added: "It is an unprecedented time and shows the sway from bitcoin and other cryptocurrencies back to a solid, robust investment in these uncertain times."

    Investors are believed to mostly be exchanging their Bitcoins for sovereign coins of gold Britannia, one ounce of which is worth around ,1000.

    The largely untraceable Bitcoins are beneficial to criminals who can use them to buy drugs and weapons on online black markets on "The Dark Web".

    They are less useful for everyday consumers who cannot buy goods or, say, invest in properties using the cryptocurrency.

    Other gold merchants including Goldcore reported similar trends.

    Its founder Mark O'Byrne said: "They [the bitcoin sellers] told us they were concerned that the massive price appreciation was unsustainable and they got nervous about it."

    One in three British millennials will have invested in a cryptocurrency by 2020, according to the London Block Exchange.

    https://www.thesun.co.uk/news/539623...alue-collapse/
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  6. #1025
    Bitcoin Miner Ares's Avatar
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    Re: The Bitcoin Tracking Thread

    Quote Originally Posted by EE_ View Post
    GAME'S UP? Panicky Bitcoin investors struggle to withdraw cash from money exchanges as they look to ‘safe’ gold investments amid fears of cryptocurrency collapse
    The cryptocurrency's value has fallen by around 40 per cent to 8,000 in just one month
    By Jay Akbar
    22nd January 2018, 12:00 pmUpdated: 22nd January 2018, 5:03 pm

    THERE are mounting fears that Bitcoin investors will struggle to get their cash out after the cryptocurrency's value fell 40 per cent in a single month.

    Many are looking to put their money in gold instead, with some European gold traders reporting a "five fold increase" in demand amid fears Bitcoin could collapse entirely.

    Bitcoin owners are flocking to invest in gold amid fears the cryptocurrency may collapseREUTERS

    Bitcoin owners are flocking to invest in gold amid fears the cryptocurrency may collapse
    But it could be bad news for investors tied up in Bitconnect who fear they will lose their money after the controversial trader announced it was shutting down.

    It assured customers they would be able to withdraw at a "recent exchange rate" but "continuous cyber-attacks" have prevented them from doing so, Fortune reports.

    Concerned investors have since taken to social media to complain they fear losing anything from a few thousand dollars to their entire "family savings".

    Adding to fears, some panicked investors have reportedly been tricked into handing over the contents of their cryptocurrency wallets by scammers presenting themselves as Bitconnect "customer support".

    Many bitcoin investors report having difficulty in withdrawing their money before the currency collapsesREUTERS

    Many bitcoin investors report having difficulty in withdrawing their money before the currency collapses
    Wall Street veteran Peter Boockvar has warned of an impending "epic crash" which could slash 90 per cent off Bitcoin, currently valued at around 8,300.

    He told CNBC the cryptocurrency's value could fall to between $1,000 (718) and $3,000 (2,154) over the next year.

    This uncertainty is driving Bitcoin owners to invest in the more reliable gold, according to Daniel Marburger, director of Coininvest.

    He told the Times how he sold 30kg of gold worth around 1million on "one crazy day" - January 16.

    CEO of Ripple, Brad Garlinghouse, explains how he sees the future for his cryptocurrency and its rival Bitcoin
    Gold traders have been inundated with requests from people wanting to invest in the more reliable precious metal insteadALAMY

    Gold traders have been inundated with requests from people wanting to invest in the more reliable precious metal instead
    Marburger added: "It is an unprecedented time and shows the sway from bitcoin and other cryptocurrencies back to a solid, robust investment in these uncertain times."

    Investors are believed to mostly be exchanging their Bitcoins for sovereign coins of gold Britannia, one ounce of which is worth around ,1000.

    The largely untraceable Bitcoins are beneficial to criminals who can use them to buy drugs and weapons on online black markets on "The Dark Web".

    They are less useful for everyday consumers who cannot buy goods or, say, invest in properties using the cryptocurrency.

    Other gold merchants including Goldcore reported similar trends.

    Its founder Mark O'Byrne said: "They [the bitcoin sellers] told us they were concerned that the massive price appreciation was unsustainable and they got nervous about it."

    One in three British millennials will have invested in a cryptocurrency by 2020, according to the London Block Exchange.

    https://www.thesun.co.uk/news/539623...alue-collapse/
    Everything that goes up, must come down eventually.
    "Paper is poverty, it is only the ghost of money, and not money itself." --Thomas Jefferson to Edward Carrington, 1788
    "The greatest threat to the state is when the people figure out they can exist without them." - Twisted Titan
    "Some Libertarians are born, the government makes the rest."
    "Voting is nothing more than a slaves suggestion box, voting on a new master every few years does not make you free."

  7. #1026
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    Re: Right now the Bitcoin price is at par with Silver Spot price...

    Quote Originally Posted by Santa View Post
    MadFrankLoydWright. LOL....

    While I'm all for alternative means of free enterprise competitive currency, the reason I am is because the FRN is being MANIPULATED to the advantage of a small secret cabal of International Banksters. Crooks. Psychopaths.

    But I'm sure as hell not going to change over to another currency that's already been shown to be MANIPULATED to the advantage of a small secret cabal of International Hacksters. And there's no telling how many other holes there are hiding in the wings.

    I got out of the "free market" "cough" exactly because of this type of anonymous manipulation. The whole fucking market is nothing but a giant PUMP and DUMP.

    Personally, I believe in a long term sustainable Perma-culture. A solid foundation. Stability. Integrity. An honest work ethic. A decent place to grow children into human beings.

    Currently, bitcoin doesn't offer any of that. And till it does, it's just the same fucking shell game.
    Personally, I think bitcoin has numerous benefits and advantages over using localized currency. Some people become Bitcoin billionaires because of their investment, they invest much in bitcoin mining. I am not sure if they use bitcoin cloud mining for their investment but personally, I tried and the calculator was really helpful.
    Last edited by Ares; 5th February 2018 at 12:10 PM.

  8. #1027
    Unobtanium PatColo's Avatar
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    Re: Right now the Bitcoin price is at par with Silver Spot price...

    ^ Bilky, U have a personal creator/owner/etc relationship with the link you dropped in your first GSUS post above?

    I came here to note, BTC bounced off a $7876 low so far today (Sun). https://www.coindesk.com/price/

    ETH $834 atm.
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  9. #1028
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    Re: Right now the Bitcoin price is at par with Silver Spot price...

    Hello, Such a nice forum!!! I really appreciate. If you free then visit our link.
    Thank you
    Last edited by madfranks; 19th February 2018 at 10:42 AM. Reason: removed link

  10. #1029
    Great Value Carrots StreetsOfGold's Avatar
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    Re: Right now the Bitcoin price is at par with Silver Spot price...

    LCC is on a tear and it is FREE if you were SMART enough to have had LITECOIN before the fork

    https://litecoinca.sh

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  11. #1030
    Unobtanium EE_'s Avatar
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    Re: Right now the Bitcoin price is at par with Silver Spot price...

    Why do they call it cash, when it's anything but cash? Shouldn't this and Bitcoin be called cashless?
    TRUMP WILL WIN BY A LANDSLIDE!
    You can forget about making America great again, it ain't gonna happen.

    The NWO is here, and you all stood in line for it!

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