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1  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 31, 2023, 11:58:46 AM
It took less than 3 months in 2017 i to reach 20K starting below 4K. And then everyone knew CME and CBOE won't buy actual bitcoins. Now it is different. It is hard to predict what will happen in the next few months. It depends how quickly the main ETF buyers will adapt to the new opportunity to buy bitcoin ETF's. May be there will be a rush, may be not. And may be  some will be dissapointed by the slow start and dump their coins. But in the long run the supply shock will make the difference of course.

There should be no illusion. Bitcoin ETFs are made to control bitcoin price, not promote bitcoin.

The world bank oligopoly will try to control bitcoin price just like they control gold price. It'll be  done either by naked short sales of paper bitcoins  (contracts)  or by derivatives based on endless re-hypothecation of the existing bitcoins. They will have success as long as they have unlimited access to the US$ printing press and as long as US$ still hold some value. Fortunately, US$ value is evaporating fast and the end of the road for the world fiat system based on US$ is in site. We need just 2-3 years to hit it.

Lets hope people all over the world will be wise enough to not give any chance to the US warmongers to wage a war big enough so that the bankrupted financial elites can burn the accounting books.

Live your life, care about your loved ones, and a Happy New Year!
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: December 20, 2023, 07:00:30 PM
"effective immediately, all bloXroute relays will reject  block bids if they contain OFAC transactions (Tx which interact with addresses appearing on the OFAC SDN list)

We remain committed to supporting ETH decentralized and permissionless nature...

Are you kidding?
3  Bitcoin / Bitcoin Technical Support / Re: RBF Spam on: December 18, 2023, 08:51:41 AM
You mentioned that it's a "clear pattern", are there a lot of transactions that has that same behavior?

Go to https://mempool.space/rbf and you'll see this pattern. Every tx that has replacement intervals about 40 seconds is the same kind of tx. In time of fee spikes these txs are more than 50% of all rbf txs.
4  Bitcoin / Bitcoin Technical Support / Re: RBF Spam on: December 17, 2023, 04:12:17 PM
But I'm not sure if the fee of the replaced transactions that a node relayed wont be removed from its "bucket" and if those will still be counted to its fee estimation after the last replacement is confirmed though.

This is the final replacement that got finally confirmed:

https://mempool.space/tx/b5fe2c4891cba365c0863b8645a7e7a4c7e7191804508f4549f870be6012102f

I've counted more than 30 replacements of the original tx that were done within 40 seconds intervals on average. This kind of txs have only one input and only one output. This is why they are cheap since their size is ~109 vB. There are many of them and increase in their number coincides with tx fee spikes.

Looks like this is a job of a mining cartel as it tricks Bitcoin Core's fee estimation algorithm.
5  Bitcoin / Bitcoin Technical Support / RBF Spam on: December 17, 2023, 10:35:27 AM
Not sure if this is the right thread to ask this question. Mods, please feel free to move it to the right place.

Looking at the latest tx fee surge a clear pattern is spotted. Fees are surging when the number of txs with 8-9 or more tx replacements surges. Lets take for example this tx:

https://mempool.space/tx/396e5f826f8d6fbeb8358843d3708e32c014ca97d7d0917bfceeb011f099211d

What is it used for? What is the logic behind it?
6  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 28, 2023, 07:25:37 PM
Credit Card limit raised, as if it's nothing.
Well I guess dirty fiat is nothing in the end anyway.

Joe Biden and House Speaker Kevin McCarthy reach 'agreement in principle' on raising US debt ceiling
https://news.sky.com/story/joe-biden-and-kevin-mccarthy-reach-agreement-in-principle-on-raising-us-debt-ceiling-12891398

Not a surprise. We all know discussion on raising US debt ceiling is just Kabuki theater. Debt ceiling will be raised and raised and raised until $ goes down in flames.
7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: May 12, 2023, 08:46:41 PM
BCH 3 days till the biggest upgrade in its history.
Nobody is using this coin. Blocks are empty and it is generally dead.
8  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 03, 2023, 07:28:42 PM
"The UK Crypto Industry Is Booming, Outpacing the US, Germany, Japan, Canada"

https://beincrypto.com/uk-growing-crypto-industry-top-markets/


Go blighty

We invented the internet so why not 🙃

(Tim Berners-Lee  1989)

Berners-Lee invented the World Wide Web (http/html) not the internet.

The Americans Vint Cerf and Bob Kahn invented tcp/ip, the basis of the internet.



Tim Berners-Lee, a British scientist, invented the World Wide Web (WWW) in 1989, while working at CERN. The web was originally conceived and developed to meet the demand for automated information-sharing between scientists in universities and institutes around the world.

https://home.cern/news/opinion/computing/internet-prehistory-cern

Only TCP (not IP) was invented by Americans.

Everything else like web server, web browser, HTML was invented by Tim Berners-Lee.



What you use today, as Internet, was invented in CERN. Error 404 - not found, is actually inherited from CERN days of the Internet. Room number 404 in CERN was the place where all unsorted documents were directed to. So, please stop posting nonsense about Al Gore!
9  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 03, 2023, 06:24:32 PM
"The UK Crypto Industry Is Booming, Outpacing the US, Germany, Japan, Canada"

https://beincrypto.com/uk-growing-crypto-industry-top-markets/


Go blighty

We invented the internet so why not 🙃

(Tim Berners-Lee  1989)

Berners-Lee invented the World Wide Web (http/html) not the internet.

The Americans Vint Cerf and Bob Kahn invented tcp/ip, the basis of the internet.



Tim Berners-Lee, a British scientist, invented the World Wide Web (WWW) in 1989, while working at CERN. The web was originally conceived and developed to meet the demand for automated information-sharing between scientists in universities and institutes around the world.

https://home.cern/news/opinion/computing/internet-prehistory-cern

Only TCP (not IP) was invented by Americans.

Everything else like web server, web browser, HTML was invented by Tim Berners-Lee.
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: May 03, 2023, 06:13:53 PM
I'm also tired of Bitcoin controlling the way every crypto blows.

Get used to it.
11  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 01, 2023, 08:23:14 AM
FRB drama unfolding.

*FIRST REPUBLIC UPDATE

Sources : First Republic auction underway…A deal is expected to be announced on tonight before Asian open, with the regulator likely to say that it had seized the lender…6 banks (were asked to?) bid…PNC cautiously seen as lead contender as 2 serious rival bidders (JPM, BofA) need US Treas to waive so-called deposit cap (both hold more than 10% of US deposits)


Note to self: quote this message when JPM buys PNC



Hail to JPM!
JPMorgan today announced it has acquired the substantial majority of assets and assumed the deposits and certain other liabilities of First Republic Bank from the FDIC


Sure.
The rest is acquired by the suckers tax payers.
Hail to tax payers!
More to come...
12  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 30, 2023, 06:46:15 PM
Bitcoin is not a currency. It's just a highly speculative asset with a fundamental value of zero.



source


Wrong… I first started using Bitcoin as a currency almost 10 years ago.

Everyone on this thread already knows that noob …😂

Bitcoin is not a currency. Bitcoin is money.

Purchasing bitcoins is not investment. It is disinvestment because economic environment is too unpredictable.
13  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 22, 2023, 08:24:33 PM
Why?

I need your leveraged bitcoins!
14  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 17, 2023, 07:34:50 PM
I would prefer the situation being less frenetic....banks slowly declining over long period of time and bitcoin rising would be my preference.

Slow decline is not possible. As Max Keiser observes, "You can't taper a Ponzi scheme." You can only turn off the tap and let it collapse, or watch the parasite consume its food source and perish of its own accord.
15  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 03, 2023, 02:42:02 PM
Honestly all the Groundbreaking stuff and Inventions and all the good stuff made and used is Created in Europe or USA or Canada. So if UAE decides to do something with coins and blockchain it literally means nothing.

Good stuff and inventions are made all around the world and then are stolen by the US and their closest satellites. Now this is changing. Fast. Russia is putting an end to the neocolonial world order.
16  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 25, 2023, 05:56:26 PM
For HWs I think a good randomness generator provided with sufficient entropy, no closed source secure element, and airgap signing is important ... and if possible use your own validating node.

And a Faraday bag or box to shield against electromagnetic impulses if used in the war between the US and the RF in Ukraine.
17  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 23, 2023, 06:48:32 AM
You can choose your friends but unfortunately not your family.

You mean if your grandpa and grandma are Russians but you were raised in school as ukronazi hating Russia?
18  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 14, 2023, 03:43:35 PM
Finally an inflation report comes out that basically says the inflation last year WAS due to supply shocks caused by a 2+ year lockdown and general stupidity and was NOT some sort of systemic thing that would be around forever.

It is not general stupidity. It is a blatant crime. Inflation is due to supply shock of newly printed money. For 2 years the crime syndicate of central banks printed tenths of trillions of fiat money. Covid pLandemic was just a cover up to commit the crime.
19  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 14, 2023, 11:48:06 AM
It's starting to play my emotions.  Grin Sad Shocked Huh Undecided

Wait until x10... and +150K.
20  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 30, 2022, 07:40:44 PM
Biden's America is just a joke. US is a nation corrupt to the bones.

SBF Was Meeting With Senior White House Officials Shortly Before FTX Collapse

https://www.infowars.com/posts/sbf-was-meeting-with-senior-white-house-officials-shortly-before-ftx-collapse/
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