Official BGOL Crypto Currency Thread ★★★★★

Again, ONLY BUY STRAIGHT FROM LEDGER, IN FRANCE....NEVER NOBODY ELSE
PAY THE EXTRA MONEY, WAIT THE EXTRA TIME


https://news.bitcoin.com/mans-life-savings-stolen-from-hardware-wallet-supplied-by-a-reseller/

Hardware wallets are regarded as one of the safest means of storing bitcoin and other cryptocurrencies. Each device grants the holder possession of their private keys and adds a PIN code plus other tamer-proof tech for enhanced security. Hardware wallets are not impregnable, however, as one British man found to his peril after purchasing the device on Ebay.

Also read: Cryptocurrency Valuations Have Created Very Wealthy Founders

Man in the Middle
Redditor moodyrocket is coming to terms with having his “life savings” wiped out this week, after $34,000 of crypto was stolen from his newly acquired Nano Ledger hardware wallet. The device was compromised, not due to any flaws in its design, but thanks to a man in the middle attack that saw the reseller insert their own recovery seed. The buyer then unwittingly began using the wallet, unaware that the default seed they were using had not been randomly assigned by the manufacturer. He explained:

I have not used my Ledger in a week, today I decide to check the value of my XRP, Litecoin and Dash only to discover that all of them showed up as zero and had been transferred somewhere else yesterday all around the same time at 7:30pm. I am not sure how this is possible as I have not access my Ledger in a week.

The victim was initially confused as to how the attack could have been successfully pulled off, before eventually twigging that the Ebay seller must have tampered with the device. After sharing his story on Reddit, Ledger reached out to moodyrocket and encouraged him to report the crime to “bring the eBay seller to justice”.

fake-ledger-scam-683x1024.jpg

The fraudulent documentation that came with the wallet.
An Elaborate Hoax
The odds of the British-based victim getting his cryptocurrency back are remote, but his loss can at least be the community’s gain. The widespread attention the tale has received serves to highlight the dangers to anyone considering purchasing a hardware wallet from a third party. Auction sites, unaffiliated vendors, and merchants who have no formal partnership with wallet manufacturers should all be avoided.

ledger-ebay-scam-628x1024.jpg

This sheet should not come with your Ledger wallet.
The vast majority of resellers stocking wallets such as Ledgers and Trezors have no intention of meddling with the devices. But it only takes one unscrupulous entity to interfere with a wallet and pass it on to the unsuspecting buyer. The Ebay seller who duped moodyrocket had gone to great lengths to orchestrate the scam. The seed is meant to be generated by the device, but this purchase came with “scratch off” paper that revealed the seed.

Despite the security of hardware devices themselves, the weakest link is always the people using them. Even a raft of anti-theft tech can’t atone for human error. Had the victim reset the device and created a new seed he would have been fine. When presented with convincingly forged documentation, though, he naturally felt safe in sticking with the default seed. Purchasing hardware wallets directly from the manufacturer may take longer and cost more, but the alternatives just aren’t worth it.

Would you feel comfortable buying a hardware wallet from a third party? Let us know in the comments section below.
 
Again, ONLY BUY STRAIGHT FROM LEDGER, IN FRANCE....NEVER NOBODY ELSE
PAY THE EXTRA MONEY, WAIT THE EXTRA TIME


https://news.bitcoin.com/mans-life-savings-stolen-from-hardware-wallet-supplied-by-a-reseller/

Hardware wallets are regarded as one of the safest means of storing bitcoin and other cryptocurrencies. Each device grants the holder possession of their private keys and adds a PIN code plus other tamer-proof tech for enhanced security. Hardware wallets are not impregnable, however, as one British man found to his peril after purchasing the device on Ebay.

Also read: Cryptocurrency Valuations Have Created Very Wealthy Founders

Man in the Middle
Redditor moodyrocket is coming to terms with having his “life savings” wiped out this week, after $34,000 of crypto was stolen from his newly acquired Nano Ledger hardware wallet. The device was compromised, not due to any flaws in its design, but thanks to a man in the middle attack that saw the reseller insert their own recovery seed. The buyer then unwittingly began using the wallet, unaware that the default seed they were using had not been randomly assigned by the manufacturer. He explained:

I have not used my Ledger in a week, today I decide to check the value of my XRP, Litecoin and Dash only to discover that all of them showed up as zero and had been transferred somewhere else yesterday all around the same time at 7:30pm. I am not sure how this is possible as I have not access my Ledger in a week.

The victim was initially confused as to how the attack could have been successfully pulled off, before eventually twigging that the Ebay seller must have tampered with the device. After sharing his story on Reddit, Ledger reached out to moodyrocket and encouraged him to report the crime to “bring the eBay seller to justice”.

fake-ledger-scam-683x1024.jpg

The fraudulent documentation that came with the wallet.
An Elaborate Hoax
The odds of the British-based victim getting his cryptocurrency back are remote, but his loss can at least be the community’s gain. The widespread attention the tale has received serves to highlight the dangers to anyone considering purchasing a hardware wallet from a third party. Auction sites, unaffiliated vendors, and merchants who have no formal partnership with wallet manufacturers should all be avoided.

ledger-ebay-scam-628x1024.jpg

This sheet should not come with your Ledger wallet.
The vast majority of resellers stocking wallets such as Ledgers and Trezors have no intention of meddling with the devices. But it only takes one unscrupulous entity to interfere with a wallet and pass it on to the unsuspecting buyer. The Ebay seller who duped moodyrocket had gone to great lengths to orchestrate the scam. The seed is meant to be generated by the device, but this purchase came with “scratch off” paper that revealed the seed.

Despite the security of hardware devices themselves, the weakest link is always the people using them. Even a raft of anti-theft tech can’t atone for human error. Had the victim reset the device and created a new seed he would have been fine. When presented with convincingly forged documentation, though, he naturally felt safe in sticking with the default seed. Purchasing hardware wallets directly from the manufacturer may take longer and cost more, but the alternatives just aren’t worth it.

Would you feel comfortable buying a hardware wallet from a third party? Let us know in the comments section below.

bought mine from amazon , sealed ,empty sheet,
 
Ya'll might want to take a look at AION right now

https://coinmarketcap.com/currencies/aion/

The market cap may seem high, but it's really low for a project of this type. It's an "internet of blockchains". The purpose of it is to be an ecosystem that provides interoperablitly between different blockchains. It also works as it's own platform that provides digital apps and smart contracts like Etherium. It's a relatively new project and it hasn't hit any major exchanges yet besides Binance. The team is solid. I can see it having a Walton-type increase in the coming weeks.

 
What do you guys think of the recent rise of DOGE coin? Creeping up toward 2 cent and at a current ATH of .0186 Just crossed 2 billion market cap. I got in at 52 sats so I'm just HODL and watching the rise. I honestly never thought it would get to this point. Just wondering what others think on its potential.
 
I think amazon is more trustworthy than ebay

Stik I would go to the official website..

They have instructions to make absolutely sure your shit ain't compromised ....

BS, the same vendors that sell on Ebay sell on Amazon.
I know cause I was one of them. If you are going by "Sealed" "Blank Sheet"
You are bugging. That is the EASY part for them.
Bottom line there are very very few Official re-sellers of this and too much is on the line
DO NOT GET IT FROM ANYBODY ELSE
 
BS, the same vendors that sell on Ebay sell on Amazon.
I know cause I was one of them. If you are going by "Sealed" "Blank Sheet"
You are bugging. That is the EASY part for them.
Bottom line there are very very few Official re-sellers of this and too much is on the line
DO NOT GET IT FROM ANYBODY ELSE
If you generate the seed yourself, you’re good. If the code was altered to provide you a predefined seed it would fail the validation when you connect to it with the ledger manager they provide. Keep your 24 word safe (offline) because someone can recover your seed with it.
 
Man when a coin like TTC and I look and the bullshit website they have set up.... I think to myself... Why the fuck don't I just make a bullshit coin!?!?!
 
BS, the same vendors that sell on Ebay sell on Amazon.
I know cause I was one of them. If you are going by "Sealed" "Blank Sheet"
You are bugging. That is the EASY part for them.
Bottom line there are very very few Official re-sellers of this and too much is on the line
DO NOT GET IT FROM ANYBODY ELSE
I posted about this shit weeks ago. Told cats on BGOL to only cop from the official site. :smh: Folks on Amazon been complaining about this shit and people can go look for themselves. I know it's tempting to buy from Amazon, but it's just not worth losing all your damn money when the original fucking site is just a click away.
 
I posted about this shit weeks ago. Told cats on BGOL to only cop from the official site. :smh: Folks on Amazon been complaining about this shit and people can go look for themselves. I know it's tempting to buy from Amazon, but it's just not worth losing all your damn money when the original fucking site is just a click away.


Bought mine yesterday... Won't see it until March sometime. Better safe than sorry however.
 
If you generate the seed yourself, you’re good. If the code was altered to provide you a predefined seed it would fail the validation when you connect to it with the ledger manager they provide. Keep your 24 word safe (offline) because someone can recover your seed with it.

NEVER underestimate hackers and never overestimate someone who doesn't know shit about Crypto buying a ledger
Just a lil wisdom
 
I posted about this shit weeks ago. Told cats on BGOL to only cop from the official site. :smh: Folks on Amazon been complaining about this shit and people can go look for themselves. I know it's tempting to buy from Amazon, but it's just not worth losing all your damn money when the original fucking site is just a click away.

Exactly, these dudes hoping for the best and putting faith
in Humanity. I wouldn't trust NADA with my shit...Fuck that
 
Man when a coin like TTC and I look and the bullshit website they have set up.... I think to myself... Why the fuck don't I just make a bullshit coin!?!?!

fuck that if you gonna make a coin, make a great one. find a niche get a team,

raise some cash and go for it...

you can make money on bullshit coins, but you can create a dynasty on a great coin..
 
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