I still haven't got the Raspberry PI I wanted to get started with lightning.
Backordered.
I suspect there simply aren't any to be had right now.
I think this may be due to the current global semiconductor shortage. I'm also waiting for an ARM Cortex-M7 MCU board to be available for a project at work, and was told lead time is currently January 2023. It's in times like this when you realise just how important those little chips are... |
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Pointless post follows -- skip if you're looking for serious TA/charts/predictions. BBQ with cousin & friends tonight. One is a coiner (sadly, of the crapto variety). In 2017 I talked to him about Bitcoin, but he ended up becoming a shitcoiner out of get-rich-quick greed and falling for the "too expensive" trap. After 5 years of 24/7 chart-watching/day-trading (installed monitors in bedroom, kitchen and bathroom), he's still not rich, just a bit better off. Of his $5k initial investment, he bought some small piece of land (worth $10k) and a 75" TV, and was left with the $5k he started with -- I've already talked about his case here in WO -- not that anyone cares, but it can serve as a lesson to some, if Jay's batslappenings are not enough. Now, cousin focuses on what he does best: handle the meat/BBQ matters (he's really good at that). I just go there for the good company (they're all great guys/gals) and to eat. Easy life. Thank you, Bitcoin. It feels like we might have " battomed out". Just tried to send $10k to Kraken to BTFD, but bank says "recipient account blocked". Tried the remaining 3 IBANs. Still blocked. Tried $5k. Still blocked. Fuck you, fiat system. Looks like I will have to open another account on some crypto-friendly bank. Can't wait to re-read the current WO posts in 2025, by which time we'll be in 6 digits and slowly marching towards the $million/coin mark. There will be dips along the way, but hey, what's new? The $100k party is already so last year... The $million party will be so awesome. There won't be any OPSEC issues, as we'll all be meeting in Bob's Virtual Ranch using our $10k VR gear, which will stimulate all 5 (6?) senses to the point of not being able to tell the difference from RL. The only remnants of the past will be BitcoinTalk, which will still be powered by SMF 1.1.19, and proudhon, who will still be predicting doom and gloom backed by math & science (and still be the party's biggest whale). Aim for 1 BTC (not less than that, more if you can). |
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Celsius...
Suggestion for the next poll:
Have you ever transferred (some of) your BTC to Celsius?
1. Yes, my entire stash.
2. Yes, a percentage of my stash.
3. NO! Not your keys, not your coins!
Anonymous poll.
I wonder what the result would be...
Well there was at least one douchebag peddling that shitty company here in WO over the last 18 months. Either that person got rekt or was an inside shill. So option 1. in your poll should have at least one upvote or that person has either left WO for good / can't access it because they are behind bars or is a completely dishonest fuckface. Yes, I do remember someone mentioning Celsius and a couple of other similar-type sites. Can't remember who it was, and the forum's search engine is not so good in finding old posts. I also remember some of us giving the usual "not your keys..." reply. I hope s/he listened to us. I wonder... Bitcoin itself offers huge gains, if one is willing to wait for a while. How greedy can one get, to not be satisfied by this, and to want even more gains, at the risk of losing it all? Greed squared? Absolutely. Could be a shiller with another shiller pretend asking questions etc. It would be easily done here. But some, even a lurker, could have gotten duped. Too much greed will get you rekt absolutely. Watched a movie called War Dogs the other day. Based on a true story. [...] Downloading as we speak Downloaded. Thanks for the movie suggestion. Agreed re. Celsius etc. The problem with most people is that they want to "get rich quick", instead of simply aiming to "get rich", and they almost always end up getting poor (or staying poor). @Dabs: I don't know if it was you, can't remember. If it was you, I hope you weren't affected by the recent events. My golden rule: there is no free lunch is this universe. Don't fall for what looks too good to be true, because it almost always is. Even Bitcoin could be called "too good to be true" by those who do not understand it. It is one of the few exceptions to this rule. |
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Celsius...
Suggestion for the next poll:
Have you ever transferred (some of) your BTC to Celsius?
1. Yes, my entire stash.
2. Yes, a percentage of my stash.
3. NO! Not your keys, not your coins!
Anonymous poll.
I wonder what the result would be...
Well there was at least one douchebag peddling that shitty company here in WO over the last 18 months. Either that person got rekt or was an inside shill. So option 1. in your poll should have at least one upvote or that person has either left WO for good / can't access it because they are behind bars or is a completely dishonest fuckface. Yes, I do remember someone mentioning Celsius and a couple of other similar-type sites. Can't remember who it was, and the forum's search engine is not so good in finding old posts. I also remember some of us giving the usual "not your keys..." reply. I hope s/he listened to us. I wonder... Bitcoin itself offers huge gains, if one is willing to wait for a while. How greedy can one get, to not be satisfied by this, and to want even more gains, at the risk of losing it all? Greed squared? |
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Celsius...
Suggestion for the next poll:
Have you ever transferred (some of) your BTC to Celsius?
1. Yes, my entire stash.
2. Yes, a percentage of my stash.
3. NO! Not your keys, not your coins!
Anonymous poll.
I wonder what the result would be...
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Well.. the lump sum buying and just waiting can work, but it tends to make people nervous..
that is why lump sum might be better if it is supplemented with DCA and maybe even buying on dip..
[...]
I've always lump-sum-bought and HoDLed. Except that the lump sums were coming every few months from 2015 onwards. Is that called DCA? I never really looked at the price, fiat never stayed in my hands or the exchange for more than a few days. Market buys only. Has worked out well for me. Average break-even price is under $2k. I guess I got lucky, going in at the deep dip of 2015. Thank you, Andreas Antonopoulos, that talk of yours that I watched was so enlightening that I did not sleep that night. I had to find a way to buy. And I did. At a local Bitcoin ATM. Great times. tl;dr: There is no top. Seriously. Buy now. Buy Bitcoin. HoDL. |
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Damn I'm legendary guys! Somebody has been really generous recently! Need to check my merits.  P.S. nutildah, my man, thanks for the merits! Also all other brethren who merited me often (won't be mentioning any names/accounts you know who you are)  Congrats! Well deserved. Cocaine & hookers. SOON! |
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[...]
We can have death by dunking.
ps - I love Proudhon, and , also, I grew to admire certain aspects of LambChop too
I agree about proudhon. I don't have an opinion about (Not?)LambChop (is this the correct nick?) I was not much around the forum/WO when s/he was active. There's something about that llama/alpaca though. I want to pet and cuddle it, and then squeeze its neck until it chokes to death! |
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Observation:
Nocoiners, lowcoiners, shitcoiners, mindrusters, et al., are usually the ones that talk too much*, directly or indirectly bashing Bitcoin, insinuating its destruction, and posting smartass funny comments about it, perhaps subconsciously trying to amuse themselves and ease the incoming pain they're all going to have to take. And that's a lot of pain. We're talking PAIN... The thick, flaky, rusty pipe kind of pain...
The HoDLers just chill, relax and patiently wait for the inevitable mega-UPpity, while stacking sats whenever they can. They know their coins are precious and would not part with them no matter what.
Life's good.
HoDL.
* I must exclude Jay, who always talks a lot (and is a HoDLer--and has something to say--most of the time--#no-homo, you fuck!)
Are there any nocoiners or low coiners here in this thread that bash Bitcoin and talk a lot about it (bashing Bitcoin) ? Who do you mean? I mean Death_wish talks a lot, has lost some of his BTC recently, but obviously has much love , and technical understanding of BTC, far more so than many most others here....and I have never seen him bash BTC, maybe talk about potential ways of improving it somehow but other than that... I am a tad confused who you mean? (I see hardly any or even no longterm, consistent posters here that "bash" bitcoin" ?) Proudhon? Lambchop? (is she still alive?) death_wish is obviously excluded. They know who they are. Bashing need not be direct. Read between the lines. They are there. proudhon is a sweetheart. I like it when s/he posts. It's usually an incoming pump indicator. |
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Space tech porn, indeed, but I think you meant extremely high Signal-to-Noise Ratio (or I'm still drunk, as Jay would say...).
Of fucking course, mate  I had a busy afternoon and that what it looks like afterwards  Thanks for pointing out my mistake Not a problem. High, low, anyone who knows what SNR is will understand exactly what you meant. Just pointed out the semantics. |
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Observation:
Nocoiners, lowcoiners, shitcoiners, mindrusters, et al., are usually the ones that talk too much*, directly or indirectly bashing Bitcoin, insinuating its destruction, and posting smartass funny comments about it, perhaps subconsciously trying to amuse themselves and ease the incoming pain they're all going to have to take. And that's a lot of pain. We're talking PAIN... The thick, flaky, rusty pipe kind of pain...
The HoDLers just chill, relax and patiently wait for the inevitable mega-UPpity, while stacking sats whenever they can. They know their coins are precious and would not part with them no matter what.
Life's good.
HoDL.
* I must exclude Jay, who always talks a lot (and is a HoDLer--and has something to say--most of the time--#no-homo, you fuck!)
Edit: Just for the record, death_wish is also excluded. And by "talk too much" I don't just mean long posts, but many posts. They know who they are, and they will soon feel the pain. The rusty pipe, train-in-your-ass kind of pain...
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No doubt about the resolution, but what struck me the most (in a positive way) is the extremely low Signal-To-Noise ratio! Maybe it's gone through higher order background- and noise-removal algorithms, compared to the left shot, which looks very much magnified and sports a much lower optical resolution. The eight-star pattern on the lights is beautiful (given by physcial construction of the scope). Space tech porn. Space tech porn, indeed, but I think you meant extremely high Signal-to-Noise Ratio (or I'm still drunk, as Jay would say...). |
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To save the environment* from supposed farmer's pollution they will be forced out under new 2030 Net Zero bollocks policies that were never in any manifestos or voted on / for.
*Read WEF policies for the west:
No local manufacturing or food production at all. People can eat bugs. Steak only for the elite.
More land for housing / tax slavery to fund the WEF Military Industrial Complex.
Unlimited space for 20-25 year old male immigration from supposed poor countries. The real poor people in those countries (women and children can fuck off and die).
Soylent Green |
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Sunday haikus gone?
Is this The Wall Observer?
Don't we know nuttin'?
#haikuping
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Voted YES in the new poll about reaching the bottom. Also, I don't think the 200-Week MA is "dead". Not yet anyway. Just visit the link, or see the attached screenshot. It has been crossed, but only barely, which has happened a few times in the past. If the price picks up from here, it will just be another deep blue dot touching the 200-WMA on the chart. It all depends on where the price goes next. And even if a deep and long dip eventually "kills" it, it doesn't mean much, really. MA indicators do not contain some high-level intelligence that can tell us something very useful when breached. They are just averages of price data. JMHO.  |
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Awesome shot. To put things in perspective, the number of Bitcoin private keys that can ever exist is approximately 10 53 times the number of stars in the known universe. In other words, if each star in the universe corresponded to one Bitcoin private key, then the entire universe would only be able to contain... 0.000000000000000000000000000000000000000000000000001% of all possible Bitcoin private keys. Put in another way, it would take... 100000000000000000000000000000000000000000000000000000 universes to fit all possible Bitcoin private keys. As you can see, OOM, your post is totally on-topic!  |
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[...]
Has your BTC stash increased, decreased or stayed the same from our drop from $35k (around May 6th / May 7th) to present? That would be ONLY 3 possible answers, no?
[...]
This is a nice poll suggestion. |
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[...]
I am not sure how fruitful it is to remember who said what in terms of the blocksize limitation wars, even though surely from time to time it does come in handy to see those kinds of historical stances that various people/businesses took.
I am pretty sure that jbreher was a bcasher and then pretty much got stuck in the Bcash SV camp, and surely some of that makes little sense because who the fuck would consider that any forkening of Bcash that was promoted/funded by Wright/Ayers would have any semblance of legitimacy but jbreher frequently proclaimed that peeps could still support BcashSV without having to agree with the various claims of Wright et al.
I am pretty sure that jbreher was supporting all of the BIG blocker nonsense from the start - back to late 2015 when Gavin would spout out the various talking points about a need for a path forward and doing all the stuffs on layer one.. so there seems to have been a time in which segwit was proposed and so many of them thought that it was a decent compromise - even Gavin, but then the code was written in early 2016 and then went on testnet and seems that in about mid-2016 once the segwit code went into its ready to be merged stage then a bunch of the BIGblocker dweebs started to proclaim that segwit was not good any longer, and so that escalated into the time around the NYA in early 2017, no? (there was a HongKong agreement, too, right? weren't they mad because the devs would not accept the hong kong agreement so therefore new coalition formed that resulted in the NYA?)..
Anyhow, yeah, I cannot remember jbreher deviating from any of those BIGblocker partyline talking points to any great extent including remaining a Bcash SV supporter but then kind of going on silent mode in the past year or so.. but yeah, he seemed to support the NYA as a great compromise. If you recall, the vast majority of the strong vocal BIG blocker dweebs did not even care that much about the technical aspects of the big blocker nonsense whether the NYA or the resulting segwit2x, but instead they were largely trying to merely change BTC governance to make it easier to change bitcoin however the fuck might be desired in the future (a desire to demote devs and promote miners - but probably really trying to get then BIG money and exchanges to have more say than normies plebs) .. framing it as majority rule and other baloney stuff like that.
I believe/remember that jbreher had done some mathematical calculation that showed that, at the current (small block) transaction rate (transactions per second—tps) it would take several decades for the entire world population to own BTC on-chain. I think it was a simple division operation, dividing the world population by Bitcoin's transaction rate, to compute the time needed to get the entire world population on Bitcoin's blockchain. Something like this: World population size: 8 billion (approx.) Bitcoin transaction rate: 7 tps (best-case value, approx.) Total time for the entire world to become BTC owners: 8,000,000,000 / 7 = 1,142,857,143 seconds = 13,228 days = 36 years!Note that the above result allocates only one (1) on-chain Bitcoin transaction per person, when in practice more than one transaction would be needed to make use of the owned BTC, thus increasing the above time estimate to the order of hundreds of years. So, according to the above result, jbreher reasoned that Bitcoin's block size, and subsequent transaction rate, is simply not enough to cater for the future needs of the entire world population in a practical sense. I think this result was (still is?) his primary motivation for supporting big blocks. Perhaps jbreher can chime in and confirm or correct the above. My opinion on this matter, is that Bitcoin is not a static entity and is open to changes, as and when they are needed. When the time comes for changes relating to the block size (or any other modifications or improvements to the code), they will be adopted in a structured, orderly manner, based on rigorous and thorough testing, and via a worldwide consensus mechanism. The problem with BCH (a.k.a. Bcash) and BSV is that they are governed by arrogant, selfish, toxic individuals that effectively attempted to take control of Bitcoin for their own, insidious, malevolent motives. To that, the community has clearly objected, as reflected by the subsequent failure of these attempts, and indicated by the current value of these forked coins, as compared to BTC. When the time comes, and the need arises, the Bitcoin ecosystem will be adapted and improved as necessary, and in different ways (via on- and off-chain solutions). That is how I see it. I see the BCH/BSV forks as malevolent actions aiming to take control of the code base. And they have failed miserably. Edit: Updated JayJuanGee's quoted text to its latest, edited version. |
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