Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Is anyone else starting to become a bit worried? mod note in first post

Options
1…159160162164165…188

Comments

  • Options
    #4832
    NomadicGray
    Registered Users Posts: 1,433 ✭✭✭NomadicGray


    Slideways wrote: »
    is this the end of the road for it after law enforcement appear to have cracked it


    Seizing a server is not cracking anything


  • Options
    #4833
    Irish_rat
    Registered Users Posts: 2,554 ✭✭✭Irish_rat


    CorkRed93 wrote: »
    I see Saylor is still embarrassing himself with his bitcoin nonsense. " remortgage your house to buy bitcoin" these people need to be locked up and mentally evaluated.

    He is definitely not well in the head, needs a few other hobbies


  • Options
    #4834
    HGVRHKYY
    Registered Users Posts: 403 ✭✭HGVRHKYY


    KilOit wrote: »
    Don't know much details but only way they could seize the Bitcoin is they sent it to an exchange and forced the exchange to lock the wallet etc

    That is what happened as far as I know, pretty easy for them to get crypto off an exchange wallet


  • Options
    #4835
    Mellor
    Registered Users Posts: 39,030 ✭✭✭✭Mellor


    HGVRHKYY wrote: »
    That is what happened as far as I know, pretty easy for them to get crypto off an exchange wallet
    They claimed they got hold of the private key to the wallet. So Bitcoin hasn’t been “cracked”.


  • Options
    #4836
    stockshares
    Registered Users Posts: 2,757 ✭✭✭stockshares


    Big day tomorrow
    https://www.banking.senate.gov/hearings/building-a-stronger-financial-system-opportunities-of-a-central-bank-digital-currency

    US senate hearing on central bank digital currencies


  • Advertisement
  • Options
    #4837
    Chris_5339762
    Registered Users Posts: 5,849 ✭✭✭Chris_5339762


    Everyone told me crypto would go to the moon and that I would be a millionaire by now. They told me dirty fibs.

    The moon is on the other side of the earth and crypto is following it.


  • Options
    #4838
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    Chris_5339762 wrote: »
    Everyone told me crypto would go to the moon and that I would be a millionaire by now. They told me dirty fibs.

    The moon is on the other side of the earth and crypto is following it.

    You must be new to this! Hodl


  • Options
    #4839
    Idioteque
    Registered Users Posts: 622 ✭✭✭Idioteque


    Slideways wrote: »
    Things not looking good for Bitcoin after a large portion of the ransom for the pipeline ransomware attack was traced.

    Big slides, is this the end of the road for it after law enforcement appear to have cracked it. No longer much use to it paedos, traffickers and hackers if that’s the case

    I'm of the oppostie opinion. Making it harder and less desirable for ransoms to be demanded via Bitcoin is only a good thing in the medium to long term I think.

    There are many on the sidelines who have an overinflated idea of how much BTC is tied to illegal activities vs say in comparison to FIAT, so anything to help improve that image for those people can only be a good thing and maybe sway some early/late majority into it.


  • Options
    #4840
    HGVRHKYY
    Registered Users Posts: 403 ✭✭HGVRHKYY


    At least my GME is making up some bit for the boring sideway crypto market


  • Options
    #4841
    Repo101
    Registered Users Posts: 195 ✭✭Repo101


    The problems stems from fiat at the moment. Too much printing of fiat (Euro, USD etc) has resulted in inflated prices of assets. This is naturally going to reduce the price of assets over the coming months and has already done so. Central banks have no tools left and if the USD loses its reserve status then cryptos are going to be in much bigger trouble.

    I was hopeful by now we would have had some real use cases as a fiat replacement or at least a map of how DeFi integrates into the financial system but, at least to me, it feels as if we are still 5-10 years away from those real discussions.

    Also, in the long run it's very difficult to see BitCoin and Ethereum maintaining this kind of growth when both are hugely flawed coins. Proof of stake will also fail miserably as a way of achieving consensus as votes can be used for both sides of a fork! The same arguments that are made about $hitCoins can easily be applied to the big two.


  • Advertisement
  • Options
    #4842
    Whelo79
    Registered Users Posts: 2,649 ✭✭✭Whelo79


    I moved all my liquid crypto into Tether around mid day. Hoping to pick up some bargains during the week if this dip continues.

    It's the first time I've ever tethered up, I usually just hold through the dips, but these big dips, with no real bounce back, are getting more regular now.


  • Options
    #4843
    Chuckie_Egg
    Closed Accounts Posts: 204 ✭✭Chuckie_Egg


    Not the first time the NSA was able to crack SHA-256. Remember they were able to unlock that iphone when Apple refused.
    Then again it was the NSA that invented SHA-256, so they would be in the know


  • Options
    #4844
    Dohnjoe
    Registered Users Posts: 17,781 ✭✭✭✭Dohnjoe


    Chuckie_Egg wrote: »
    Not the first time the NSA was able to crack SHA-256. Remember they were able to unlock that iphone when Apple refused.
    Then again it was the NSA that invented SHA-256, so they would be in the know

    Am out of the loop, what happened?


  • Options
    #4845
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    Chuckie_Egg wrote: »
    Not the first time the NSA was able to crack SHA-256. Remember they were able to unlock that iphone when Apple refused.
    Then again it was the NSA that invented SHA-256, so they would be in the know

    They unlocked the iPhone using a vulnerability that has since been patched and they paid for it
    "FBI paid under $1 million to unlock San Bernardino iPhone: sources | Article [AMP] | Reuters" https://mobile.reuters.com/article/amp/idUSKCN0XQ032


  • Options
    #4846
    NomadicGray
    Registered Users Posts: 1,433 ✭✭✭NomadicGray


    Dohnjoe wrote: »
    Am out of the loop, what happened?


    FBI secured a bitcoin wallet that ransom was sent to recovering the ransom. Most likely by getting the private key


  • Options
    #4847
    HGVRHKYY
    Registered Users Posts: 403 ✭✭HGVRHKYY


    Repo101 wrote: »
    The problems stems from fiat at the moment. Too much printing of fiat (Euro, USD etc) has resulted in inflated prices of assets. This is naturally going to reduce the price of assets over the coming months and has already done so. Central banks have no tools left and if the USD loses its reserve status then cryptos are going to be in much bigger trouble.

    I was hopeful by now we would have had some real use cases as a fiat replacement or at least a map of how DeFi integrates into the financial system but, at least to me, it feels as if we are still 5-10 years away from those real discussions.

    Also, in the long run it's very difficult to see BitCoin and Ethereum maintaining this kind of growth when both are hugely flawed coins. Proof of stake will also fail miserably as a way of achieving consensus as votes can be used for both sides of a fork! The same arguments that are made about $hitCoins can easily be applied to the big two.

    DeFi is only a year or two old basically, how could it not feel like it's at least a few years away from coming into its own


  • Options
    #4848
    el diablo
    Registered Users Posts: 5,745 ✭✭✭el diablo


    Chuckie_Egg wrote: »
    Not the first time the NSA was able to crack SHA-256. Remember they were able to unlock that iphone when Apple refused.
    Then again it was the NSA that invented SHA-256, so they would be in the know
    They didn't crack SHA-256. This was an extremely obvious and transparent false flag ransonware attack by the alphabet agencies.

    We're all in this psy-op together.🤨



  • Options
    #4849
    wotzgoingon
    Registered Users Posts: 14,309 ✭✭✭✭wotzgoingon


    I cracked a secure password once. I got high and remembered the password.

    Did I mention the secure password was my own. :pac:


  • Options
    #4850
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    Chuckie_Egg wrote: »
    Not the first time the NSA was able to crack SHA-256. Remember they were able to unlock that iphone when Apple refused.
    Then again it was the NSA that invented SHA-256, so they would be in the know

    [Citation needed]


  • Options
    #4851
    Chris_5339762
    Registered Users Posts: 5,849 ✭✭✭Chris_5339762


    Badly fukt wrote: »
    You must be new to this! Hodl


    I am indeed. Started at the worst possible time.


    I shall hodl for now.


  • Advertisement
  • Options
    #4852
    el diablo
    Registered Users Posts: 5,745 ✭✭✭el diablo


    All the meme-coiners will be shaken out of the market and will probably jump back in when BTC goes to $100k. These folks are ridiculously easy to manipulate.

    We're all in this psy-op together.🤨



  • Options
    #4853
    FutureTeashock
    Banned (with Prison Access) Posts: 439 ✭✭FutureTeashock


    Chris_5339762 wrote: »
    I am indeed. Started at the worst possible time.


    I shall hodl for now.

    You paid a heavy price for that Elon Musk Fanboy membership.


  • Options
    #4854
    Jeff2
    Registered Users Posts: 6,985 ✭✭✭Jeff2


    All looking good now:)


  • Options
    #4855
    FutureTeashock
    Banned (with Prison Access) Posts: 439 ✭✭FutureTeashock


    Jeff2 wrote: »
    All looking good now:)

    It's not very nice to mock people as their portfolios evaporate before their eyes and hopes and dreams are shattered.

    If only they had a crypto coin for class.


  • Options
    #4856
    Jeff2
    Registered Users Posts: 6,985 ✭✭✭Jeff2


    FutureTeashock wrote: »
    It's not very nice to mock people as their portfolios evaporate before their eyes and hopes and dreams are shattered.

    If only they had a crypto coin for class.

    No, I think it is going to go up as a few were that's just my take on it.

    Look Coin that is not a coin but on matket.


  • Options
    #4857
    FutureTeashock
    Banned (with Prison Access) Posts: 439 ✭✭FutureTeashock


    Jeff2 wrote: »
    No, I think it is going to go up as a few were that's just my take on it.

    It looks more like a death spiral to me, but I know very little about crypto lol.


  • Options
    #4858
    Jeff2
    Registered Users Posts: 6,985 ✭✭✭Jeff2


    I don't by green or red as that is only a sure way to not not the price of coins.
    What looks green may be red and opposite.

    One needs the know and following prices.


  • Options
    #4859
    GooglePlus
    Registered Users Posts: 2,010 ✭✭✭GooglePlus


    Jeff2 wrote: »
    I don't by green or red as that is only a sure way to not not the price of coins.
    What looks green may be red and opposite.

    One needs the know and following prices.

    Isn't it always either green or red though, unless somehow stagnant for a while, which is unlikely to happen for more than seconds with crypto.


  • Options
    #4860
    GooglePlus
    Registered Users Posts: 2,010 ✭✭✭GooglePlus


    FutureTeashock wrote: »
    It looks more like a death spiral to me, but I know very little about crypto lol.

    A death spiral upwards?


  • Advertisement
  • Options
    #4861
    Irish_rat
    Registered Users Posts: 2,554 ✭✭✭Irish_rat


    It does appear a lot of money is leaving the market, bear incoming?


Advertisement