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1521  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 30, 2019, 09:27:05 PM


Shelby has been advancing the proposition that Craig has access to enough currently dark mining power to couple the potential dumping attack with another attack of miners reverting to the original protocol (still possible under the so-called 'soft' fork), claiming all funds in SegWit addresses (which are of course pay-to-anyone under the previous rules, which are still valid as there was never a hard fork). This would force Core to either accept the loss of all such funds, or hard fork off to a parallel chain, where the protocol fully invalidates this earlier ruleset. Indeed, Shelby thinks this attack (irrespective of whether or not CSW has anything to do with it) to be an inevitability at some point.


Shelby has been predicting the death of Bitcoin for as long as I have been here.  Eventually he will be right.

Shelby also has slight mental health issues
1522  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 29, 2019, 09:55:02 PM
FUCKING SHIT IF YOU ARE GOING TO GO UP GO UP ALREADY AND MAKE ME RICH FFS

IF YOU ARE GOING TO GO DOWN GO FUCKIN DOWN SO I CAN BUY MORE

...and i thought $5k was bad.

Getting stuck at $9-10k feels so disgusting. Don't want to buy many because dunno if it is going to go up sharply or go down and create more buy opportunities.

Sorry for caps, i lost myself a bit.

Just wanted to shout.  Grin

Dude.  I am DCAing a leveraged long position right now. Very low leverage - well under 1:1.   My current dollar cost average is $10,500 and I am totally relaxed because every slight chip down in the price just lowers my DCA.  

Adapt to the price.  Don’t fight it.  We are in a bull market.  The price will go up again.  You will have what you are looking for.
1523  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 29, 2019, 09:51:47 PM
This Truecrypt wallet doesn’t need exist. Give it up guys.
1524  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 29, 2019, 05:40:34 PM
There is an objective: unfucken the protocol, returning it to the original version.

So the original version called for bitcoin acting as a file and data storage service?

And a service that will have to be run by nation states and/or giant corporations, and will be permissioned, censored and controlled by them?   (assuming it can work at all)

Good questions. The shills from the BSV camp want bitcoin to be a centralized, corporate tool. This is one of the reasons people dont believe CSW is Satoshi.

I read somewhere that CSW has in his possession a wallet belonging to Satoshi or one of his close friends (can't remember the details). He is currently using a huge computer farm to brute-force it open and get hold of the private key. His friend, pedophile Calvin Ayre is funding and helping him do it.

I wonder what will happen if they manage to crack that wallet. CSW will be able to "prove" he's Satoshi by signing a message using the cracked private key.

Well, I don't think it'll be so easy to crack the wallet anyway, so nothing may happen. But it's interesting to know what they're up to. Maybe that's why CSW said that 2019 will be the year that BTC will die...

This is CSW propaganda.  There is no such wallet.

And even if pretending there was such a wallet, then he doesn’t have a chance between now and the heat death of the universe.

Edit:  just caught up to the tip of the thread and this has already been said, but leaving this post here anyway.
1525  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 29, 2019, 05:31:45 PM
There is an objective: unfucken the protocol, returning it to the original version.

So the original version called for bitcoin acting as a file and data storage service?

And a service that will have to be run by nation states and/or giant corporations, and will be permissioned, censored and controlled by them?   (assuming it can work at all)


Good questions. The shills from the BSV camp want bitcoin to be a centralized, corporate tool. This is one of the reasons people dont believe CSW is Satoshi.

Consistent with JJG’s law, some readers will think that the BSV shills are government agents. 
1526  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 29, 2019, 11:09:44 AM
Anyway, not shaming, just making sure everyone is doing conscious choices!

Thank you.  You have made me reconsider my fee practices.

If you want to make that post about how to choose fees, please go ahead because I am obviously not following best practice. 
1527  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 29, 2019, 10:55:49 AM
Blocks are nice and empty at the moment if anyone wants to consolidate.  Just had a 20 sat transaction clear in first block I think.

20 sat/b is way too high for next block inclusion.
Thinking about a post on how to calculate optimal fees and stuff.
Every sat count!
Keeping stacking Satoshi!

I think he meant 20 sat total fee. Mempool is being nearly cleared each block recently.
There is no thing like a 20 sat total fee. Transactions are at least 226 bytes long: at 1 sat/byte this means 226 Satoshi.

EDIT FOR CLARITY: This is not a protocol level limit. 0 sat/tx fees are protocol level valid so actually possible. But as there's no incentive for miners to mine them, I hardly doubt it will be ever mined. Sub 1 sat/byte are also possible, but i THINK many miners set lower bound at 1 sat/byte (coincidentally equal to minimum relay fee): this is to avoid inserting "dust transactions" on their blocks.
So yes, sub 226 satoshi transactions are valid and possible, but very likely not to be mined even with almost empty mempool.
Happy to be proved wrong.

Oh goodness.  I am being shamed for spending $2.65 to send $9,500 half way around the world  Cheesy


Yes I meant 20/sat per byte.  However I failed to realise that my transaction was 1,400 bytes....  Apparently I have been doing some sweeping of my own.  Still a good deal, but perhaps not as good as it could have been.  

Edit:  forgot to account for blockweight as it was a segwit transaction.  So only cost $1.50 fee.
1528  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 28, 2019, 11:29:30 PM

anyone who doesn't agree with me is obviously a government/bank/whatever shill
secretive organisations are conspiring against me on an anonymous internet forum

Are you okay..?


JJG’s law is an adage of Internet culture stating that, without a clear indicator of the author's intent, it is impossible to create a parody of extreme views so obviously exaggerated that it cannot be mistaken by some readers for deliberate counterintelligence efforts by agents of the government.
1529  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 28, 2019, 10:35:30 PM
Ouch.  That stings a bit.
1530  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 28, 2019, 10:19:57 PM
Blocks are nice and empty at the moment if anyone wants to consolidate.  Just had a 20 sat transaction clear in first block I think.
1531  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 28, 2019, 09:32:42 PM
Say whatever you want, I was a fan of Tesla for a while but after seeing people got toasted alive inside those cars I've changed my mind.

I don't want to sit on hundreds of Li-Ion batteries.

Also the car itself is like iphone.

I am pretty sure if Elon can remotely shut down your car. I believe the new Mercedes-Benz and BMW cars are not much different though. The selection of good cars are just becoming harder and harder.

I'm not looking into the direction of electric cars until they are able to offer at least 350-500 mile range (probably in 2020ties or so).


If you are two car family, you don’t need both vehicles to be long range.    Our SUV will do 600 miles, but I don’t want to drive 600 miles without stopping.   An electric with only 200 miles range would be far more than needed for in town and small day trips.  

My concern is that when we get the Tesla or Taycon, we won’t want to take the SUV because it doesn’t have autopilot.  Personally I think autopilot is a much bigger deal than range for long-distance driving.  Of course load carrying capacity then becomes an issue.
1532  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 28, 2019, 08:47:10 PM
Gee, And I thought the topic of discussion was Microsoft's closing down access to github, and potential solutions thereupon.

Where is this goal part of the white paper, that Craig read, probably when he wrote it...

Quit being intentionally obtuse. This is where this branch of the thread originated:

https://bitcointalk.org/index.php?topic=178336.msg51977374#msg51977374

Incidentally, quite amusing how you love to fly that Craig Derangement Syndrome flag yet again. It's almost as if you don't have any other tools in your toolbox.

If you go to buy a house, but find the house afire, you don’t need to check for termites.
1533  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 28, 2019, 08:44:50 PM
All those posts, that we are all making... Permanently stored in BitcoinTalk's servers...

Maybe, maybe not. All at the whim of theymos. Not saying that's evil or anything, it is just a reality. Much like Facebook, all your post are belong to us.

If only there were a decentralized, permissionless, uncensorable, immutable repository upon which to host such a discussion....

Your statement might be more credible if BSV was decentralized
1534  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 28, 2019, 08:33:35 PM
Good bye GitHub, welcome MetaNet and the power of BitCoin
https://codeonchain.network/

You can simply use the bsvpush command line tool to upload an entire folder by running: bsvpush push
https://github.com/jolonf/bsvpush

Nobody here or in the world - outside of BSV brainlets such as yourself - gives a shit about your farcical Faketoshi crap. Wake me up when BSV flips BCH in market cap.

There exists a problem: Microsoft is enforcing geofencing on the repository undergirding the world's most prominent FOSS VCS.

There exists a solution under development: An eventual git-workalike whose repository is built upon a decentralized, permissionless blockchain.

And all you can see is: Aussie man bad!

SMH

You forgot: American man pedophile!
1535  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 28, 2019, 08:27:35 PM
Well, I don’t know if you referred clown also to Plan B, but he’s actually truth to model how supply and demand impact bitcoin price.

You can model Bitcoin supply and demand all day long, with mathematical predicative models, stats, etc.

But behind the "demand" component of S & D, there are real fucking people. Not just 'the mysterious ether out there'.

Demand is driven by the emotion of people en masse opening actual accounts and buying Bitcoin with their fiat. Not by magical levitation. So I say again, where is this magically spurned emotion of epic buying going to be coming from to move the price to $1M by 2020?

McAfee doesn't say jack shit about that, and neither do the other talking head idiots. They are just pissing in the wind.

Yes I am still a long term bull, but come on.

I think $1 million is silly in 2020. But you are only talking about demand, which is one side of the equation.

Supply is the other side.  And if the market becomes illiquid due to withdrawal of supply, then the price can spike hard on low volume.  This is the essence of a short squeeze.  

If one morning, hodlers and miners wake up and suddenly decide that Bitcoin is worth $1 million, then they won’t sell below that point and the market dries up.  We then get a short squeeze of epic proportion and the long traders and momentum traders keep the thing going (after all they are making screaming fortunes) until we hit $1 million and supply returns.

How do you get a withdrawal of supply?  Halvening helps the supply reduction. But really once you get an insane bull market on, supply dries up because no one wants to sell when the price is doubling every week. 

1536  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 28, 2019, 11:20:00 AM
Had also a nice saturday night. Roll Eyes

Better than the BTC downside move of yesterday.

Have a nice sunday everyone  Smiley



She looks like a nice gal

@officialmcafee
Bitcoin is under pressure from the U.S. and its price reflects it. But the U.S. has no real power in controlling CryptoCurrency. Just watch. A week from today Bitcoin will continue its meteoric rise.

https://twitter.com/officialmcafee/status/1155211540846600192?s=21


What do you make of his $1million btc prediction?  I don't think it will happen

Overly ambitious.  But I wouldn’t definitively rule it out.
1537  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 28, 2019, 07:56:41 AM
Anyone capable of use and get hub can you dated Shiio pants


I love Siri transcription
1538  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 28, 2019, 06:36:55 AM
Go take some of that Bitcoin you just bought and buy a VPN service.  AIRVPN is a good place to start.  https://airvpn.org/

Now you can join whatever you like.

I'm not sure it's a good idea to encourage people to break either their local laws, or the website terms and conditions, especially considering the risk of financial loss.


Come back when you are an adult, and have the confidence and experience to stand on your own two feet.

Until then, /ignore
1539  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 28, 2019, 05:08:13 AM
Amateur troll

Go take some of that Bitcoin you just bought and buy a VPN service.  AIRVPN is a good place to start.  https://airvpn.org/

Now you can join whatever you like.   
   
1540  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 27, 2019, 09:51:08 PM
JESUS H CHRIST

I leave a hardened group of hodlers for 24 hour and you all turn into a bunch of milque-toast, lily livered weak hands.  

Of course the price is soft.  ITS TEH MIDDLE OF A FREAKING HEATWAVE.  It is a long, hot summer.  People are outside and doing outside people things, not hanging around on a computer.

Prices will stay soft until late September / early October and then we will rally.  By November we should have a proper bull.  

This nonsense talk of $4k prices is just that.  Nonsense.  

Harden up.  You are embarrassing us in front of the men.
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