Posts on that subreddit are genuinely in confusion this week at how the price hasnt crashed. when Bitcoin’s price doesn’t move the way they expect, they assume something weird is happening. they cannot wrap their head around value if they can’t do anything with it, intrinsic like land property or machinery. many midwits on there “short circuiting“ rn that the price didn’t tank

I ordered my first Trezor devices 2 weeks before the shipping info leak. As someone who had to deal with the spam from the Ledger incident as well, I was very displeased this is happening again.

I submitted a support ticket with Trezor as I had just place a second order a few days before the leak. I hadn’t received it yet, and hadn’t opened the product. I requested a refund before the product was delivered.

It took 2-3 days but I finally got a response and they gave me a full refund and just told me to ewaste the devices.

Their handling of this incident and actually honoring the refund makes me change my view of the company from a 5/10 to a 7/10.

They will probably make some operational changes in the future to lessen the likely hood of this happening again…

I know I'm a little late but can anyone help me on how to report a loss from the bankruptcy on my tax return?

For context I’ve been in crypto since 2019…. This feeling feels all too similar. Hate has returned from all angels.
I’m not saying the bottom is in today but these are the times to be putting some extra money to work IMO

I am in no way a security expert, just a concerned HODLer. I am looking to move to multi-sig. Bitkey has been held up as one of the user friendly ways to get that done. But I have concerns on how this security model works.

You have 3 keys. You have 2 of them. One on the device and one on your phone. The third key Bitkey holds. Here is what is concerns me. First - you don't hold the seed phrases\keys.

Second:
From the website:

Hardware key
Bitkey’s hardware key is generated and stored completely offline in a secure enclave. Only your fingerprint can enable the key, so it’s useless to anyone else.

App key
Bitkey’s app key is stored, as the name implies, in the Bitkey mobile app. A backup copy is encrypted and saved to your personal cloud account for recovery.Since the backup is encrypted in your cloud account, Bitkey can never access it and it’s useless to an attacker without your cloud credentials and unlocked hardware.

Server key
A third key is stored on secure servers to help with recovery if you ever lose your Bitkey. Server keys run in an AWS Nitro Enclave. Any code changes require multi-engineer approval with hardware-token authentication.
So your app key is stored online and the one Bitkey holds is online. And if you loose your hardware Bitkey is able to restore that key. So Bitkey holds all three keys?
One of the first things I learned about $BTC security is keep your keys as far away from online as possible. Don't put them in a password manager or anything like that.
So do I have all of this wrong or am I being over paranoid?

scenario:

online laptop using sparrow wallet as 2-3 multisig coordinator

signer 1: jade

signer 2: seedsginer

signer 3: old laptop offline with sparrow installed

is this setup possible? is it stupid?

it makes sense to me but doesnt seem to work. I get stuck when trying to export the wallet from offline sparrow wallet. i think it’s the derivation path that is causing the issue.

my motivation is i don’t want to use coldcard anymore and id rather not buy another hardware wallet and I want to use 3 separate vendors.

I have been advised not to buy and that BTCs next move could drop down below 50k.

I see our current price point as a great place to start DCAing. We are down from our last peak by 50% and we are sitting at a good resistance on the low end.

Am I crazy to see this as a great place for accumulation?

I am thinking to DCA at least 25 percent of my monthly investing budget into BTC right now, please convince me otherwise!