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July 05, 2022, 02:41:10 AM *
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1  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: Today at 12:08:09 AM
Another teenage mass murderer in the USA.

 Roll Eyes

Happy Independence Day... Ugh....

 Cry

6 dead, dozens wounded in shooting rampage at July 4th parade in Chicago suburb of Highland Park

Don't know what's stopping usa from reviewing there gun law. This is crossing limits now.

Gun laws just got reviewed in the supreme court. Didn't go the way you'd like. Sorry, not sorry.
2  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 02, 2022, 01:22:10 PM
I will leave as an exercise to the reader the question of whether, if they could see America now, the signers of the American Declaration of Independence would run back to the king screaming, “Please forgive us!  Take us back!  We made a very big mistake!”

Just bear in mind that in that circumstance, they would likely also be able to see England now.
3  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 01, 2022, 11:50:50 PM
There's still a 2.5 Mb limit  Cool




Maybe use SegPic
4  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 30, 2022, 11:48:01 AM


One of the best ones yet.
5  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 30, 2022, 11:44:03 AM
If Buddy makes you sad, look on the bright side:  Perhaps in the long run, a really awful-more-awfuller crash right now could be good for Bitcoin.  Perhaps, perhaps...  #justsaying

Nah, that's "Why inflation is good for us" levels of cope. These crashes may be necessary but they don't really help much.
6  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 30, 2022, 11:40:39 AM
How did Craig frame the matter?

I forget the details but Peter Rizun asked how long (on average) the next block would be if the last one was n minutes ago and he answered with the 10-n option. That had a lot of CSW supporters illustrate the mental gymnastics they were willing to go through.
7  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 30, 2022, 04:41:37 AM
2 wrongs don't make a right.

But three lefts often do.

I hedge because there are some diabolical road designers out there.
8  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 30, 2022, 04:36:07 AM
I like that.  It's a great reminder. 


tick tock next block, and when will that next bitcoin block be coming in? 
in about 10 minutes   


 the last block was 2 minutes ago?  When do you expect the next block? 
in 10 minutes


But the last block was 9.5 minutes ago?  When do you expect the next block? 
in about 10 minutes, give or take.



But the last block was 35 minutes ago?  When do you expect the next block? 
in about 10 minutes, I presume.


But, but but but..  the last block was more than 2 hours ago?  When do you expect the next block? 
more or less in 10 minutes.


hahahaha

10 minutes is always the correct answer.. or some variation of 10 minutes.. like 600 seconds  or somewhere between 500 and 700 seconds - give or take

And just as a reminder, this is another piece of essential Bitcoin information that CSW got wrong.
9  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 30, 2022, 04:20:17 AM
“Slip up”?  With what, you retarded wannabe Sherlock Holmes?  Ever since May, I have been quite openly making numerous statements that show a long, deep, and detailed knowledge of this forum.  You only just noticed that now? Roll Eyes

Are you Jorge Stolfi?































 Grin
10  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 30, 2022, 04:18:46 AM
I notice that ChartBuddy missed some recent updates.  Is the problem on Buddy’s end?  Or did Buddy experience a timeout as I sometimes have, with the inferior robot* being too dumb to retry? ¯\_(ツ)_/¯

I did recently add some retry code to Chartbuddy. He'll try three times over the course of three minutes then give up. The problem could be anywhere along the line. I believe I added some error debugging too so I should probably take a look. I want to rework the code anyway as I think I should be able to get a lot closer to "on the hour". Currently, it's the time taken to generate and upload the chart then the time to log in then a wait for reasons I don't know but it fails if I don't then whatever it actually takes to make the post.
11  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 29, 2022, 02:28:26 PM
There's only one true Wall Observer thread  Grin

That's the original. There were some concerns once the page count got high that the software might not cope too well (might have been from me based on lies told by a different forum's owners using the same software) so Adam closed it and opened this one. This one has been trundling along just fine with about 30x the pages.
12  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 27, 2022, 04:17:45 AM
My searching/browsing just now turned up some other interesting stuff, about using Bitcoin totally off-grid:  Blockstream Satellite for receiving the blockchain as bulk data—mesh networks for anything that needs two-way communication.  Will not link, because I am getting way out of my depth.  I know some people who do mesh networks; perhaps I should take this as an opportunity to learn.

Now, mesh networks are definitely worthwhile. I was kinda hoping that Bitcoin would drive their development. The internet is far too vulnerable if the feds should decide to get nasty. There are some improvements that could be made to the networking layer (and, indeed, I believe that the networking, along with the wallet, should not be part of "core" Bitcoin) that could get around some of the basic blocking actions but it really needs its own physical layer option too.
13  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 27, 2022, 12:04:57 AM
I should correct or clarify two things I said earlier:

It is not purely an altruistic loss-leader for BTC adoption.  Blockstream also offers some paid services over the satellite network.  (Payable only via Lightning, in BTC.)  The service to download the blockchain is free; and they have no way to charge for it, because it is broadcast.  You can also broadcast your own messages over the satellites, for a fee.  I have no idea how much money they do or don’t make from these services.

My question about usage stats was inadvertently a trick question.  Of course, there can be no reliable usage stats:  The system is the most anonymous possible way to obtain the Bitcoin blockchain.  Although Blockstream themselves surely must have stats on how many kits they have sold, there does not exist any way to track who uses it with DIY hardware.  It is a way to obtain the blockchain even more anonymously than through Tor.

The file option is actually interesting to me. The ability to broadcast data over a wide area for effectively a low one-off fee could have interesting use cases, particularly if the size of the satellite dish required could be minimized. Of course, that's not really a Bitcoin thing. It doesn't appear to be a source of income for them though. They have an info page and it looks like they're currently averaging 1-2 messages a day and I bet most of those are of the test message type. https://www.blockstream.com/satellite-queue/

I see that they now offer download of the Bitcoin source code via satellite.  No Internet required to get the source!  LOL.  Craight Wright must love that.

Presumably a "just for fun" proof of concept type thing but fair enough.

As to not hearing about v2 and not being able to tell how many users... Well, it's not exactly all over the news and one would assume Blockstream would be crowing about it if it was a roaring success.

Unfortunately, it's a bit tricky digging the info out of their site so I'm not sure what the bandwidth looks like. They say 25x what it was for v1 but that was only pushing 6MB/hour. I'm sure it wasn't saturated (unlike Bitcoin) but it seems likely that grabbing the full blockchain would take a while. Vapourminer might be better off visiting his local library. It definitely sounds like it isn't as completely useless as v1 but it's not clear by how much.
14  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 26, 2022, 10:10:11 PM
Please stop giving misinformation.

It will absolutely help vapourminer.  It is perfect for his use case, and the hardware cost is negligible.

https://www.blockstream.com/satellite/

OK vapourminer, the challenge is on. Let us know how it goes, I'm genuinely interested.

death_wish, do they actually have the hardware available? The info page talks about preorder and when I go to the hardware they do have available, it doesn't mention if it supports v2 or not.
15  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 26, 2022, 10:06:02 PM
The true is here in the USA she is 100% innocent until proven guilty. So he is correct and you simply are ignoring the law of the land.

Personally I would like to see and hear the trial as I want to see if other weasels are going down due to this trial.

And yeah she is certainly 'guilty' other than by defined by USA law.

You know there was a trial, right?
16  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 26, 2022, 09:59:45 PM

By the time we go from “Bitcoin is for everyone”, to “Bitcoin is for well-off people in rich countries”, to “Bitcoin is only for people with high-quality urban/suburban Internet access”, there is not much “everyone” left.


TIL 6MB/hour is high-quality urban/suburban internet access.
17  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 26, 2022, 09:56:19 PM

raises hand.

my internet sucks majorly bad and it would take months, many months, to dl from genesis. my inet is so bad and the full blockchain stored locally so important i have it backed up so many ways (raidz2, raid5, portables drives, internal drives i rotate etc, all stored in many places) it borders on ridiculous.

 help me obi won musk, starlink is my only hope.



As implemented, it wouldn't help you. Sorry. Could throw a microSD in the post, maybe.
18  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 26, 2022, 09:43:19 PM
Have you ever lived in a situation where downloading the entire Bitcoin blockchain from the Internet, and keeping up with blocks, would be cost-prohibitive in terms of bandwidth?  It is not a rare situation.  Not a corner case.  I think that the worldwide majority of people are probably in that situation.

Satellite TV dishes are ubiquitous.  Surprising and disturbing, but true.  They can be repurposed for this, with a few parts that fit into a poverty-level budget.  Now, at least, you can have the BYOB security of consensus-validating the blockchain yourself.  To make transactions, use your mobile data connection that has kbps speed, and costs money you can’t afford billed by the kilobyte.  Although it is not ideal from a decentralization viewpoint, it gets your foot in the door.

Still makes no sense?

You would still have to download the entire blockchain if you wanted it as the transmission is only for new blocks. It is broadcast only so if you have a block with corrupted data, there is no way to request a re-transmission so you need an alternative method to obtain them anyway. Their transmission footprint means that most of the world has no access to it anyway. Much of the third world has better wireless connectivity than the first because they didn't start out with POTS and have been rolling out state-of-the art stuff from the go and they can use cheap off-the-shelf equipment and not have to install expensive satellite equipment.

Yes, it makes no sense. As evidenced by the fact nobody is using it. There is no market for it because it's poorly conceived.

Let's not forget than nobody is supposed to be transacting on the Blockchain anyway because there is not enough space for their transactions and they're supposed to be using convoluted second-layer protocols.
19  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 26, 2022, 02:54:23 PM
Everyone here will love Blockstream,

Not everyone.

their Blockstream Satellite project which is essentially altruism (not only B2C, but made to help poor people in poor countries use Bitcoin!),

A hype project that has helped nobody and makes no sense.

well—where does Blockstream make their money?  I don’t know their internal structure or their financials (none of my business!), but I plausibly guess that their bread and butter is Liquid, and their Lightning infrastructure projects, and their hosted mining—all B2B, and/or for very wealthy customers.

VC capital. None of their stuff makes money AFAIK (I believe they do some mining but that's not their core business). More people should be asking questions like this.

20  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 26, 2022, 06:08:33 AM

Nothing is going to happen before the next halving which is scheduled for May-June 2024.
Do not have any false hopes like those Crypto guys on Twitter.

Well, the effects of the halving do tend to get priced in a bit so we should see a mild run-up in advance but that's a long way away yet as you say.
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