Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Adrian-x]

Spam limit working as intended 

no the transactions centralized control deemed undesirable were not written to the blockchain  but bloated the Mempool, something that was not supposed to happen.

[1714721146]

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[brg444]

Spam limit working as intended 

no the transactions centralized control deemed undesirable were not written to the blockchain  but bloated the Mempool, something that was not supposed to happen.

Mempool bloat? Meh, just another spam attack. Honeybadger eats those for lunch.

$0.06 to get in the next block! Who's buying?

[Adrian-x]

1MB wins, gavin or hearn or whoever forker or angry banker turns back their spam scrypt.

still not tonight dearies.

not sure that argument holds anymore Blockstream have a huge investment from the existing banking incumbents, ironically they are invested in Blocking the stream of bitcoin but not invested in bitcoin itself.  

[Fatman3001]

I'm banning all 'classic' and XT nodes as transactions sent by those spammers are not valid transactions. They are altcoin promoters.

What is it in the tx data that makes them invalid?

I'm not obliged to explain again and again why free block space to every bitcoin spammer will ruin bitcoin. I've made enough efforts. I'm the owner of the node I run. I decide which tx are valid and which are not! Time to end futile discussions with big blocktards. It is time to act.

Certainly, it is within your power and within your right to refrain from forwarding any transactions as you desire. But that does not really answer the question.

If you have no criteria for objectively determining whether a given transaction was originated by a Classic or an XT node, you'll still be forwarding these that were forwarded to you by intervening Core nodes. Accordingly, how is it that you believe your action to be anything other than impotent?

It slows down tx propagation, so I guess it's detrimental to the network as well as impotent.

[brg444]

1MB wins, gavin or hearn or whoever forker or angry banker turns back their spam scrypt.

still not tonight dearies.

not sure that argument holds anymore Blockstream have a huge investment from the existing banking incumbents, ironically they are invested in Blocking the stream of bitcoin but not invested in Bitcoin itself.  

Says the guy pushing for CorporateCoin.

[European Central Bank]

Spam limit working as intended 

no the transactions centralized control deemed undesirable were not written to the blockchain  but bloated the Mempool, something that was not supposed to happen.

Does 0.12 include a big flashing sign to remind me that my transaction is spam? I sure hope so. Then I can reenter it with a non spam mindset.

[hdbuck]

Spam limit working as intended 

no the transactions centralized control deemed undesirable were not written to the blockchain  but bloated the Mempool, something that was not supposed to happen.

Mempool bloat? Meh, just another spam attack. Honeybadger eats those for lunch.

$0.06 to get in the next block! Who's buying?

no way i'm just hodling

[bargainbin]

Mempool bloat? Meh, just another spam attack. Honeybadger eats those for lunch.

That's why our honey badger is getting his tummy pumped. By a semi tire

[brg444]

Mempool bloat? Meh, just another spam attack. Honeybadger eats those for lunch.

That's why our honey badger is getting his tummy pumped. By a semi tire

Do you see anybody but the sockpuppets sitting beside you caring? I don't

[Adrian-x]

Spam limit working as intended 

no the transactions centralized control deemed undesirable were not written to the blockchain  but bloated the Mempool, something that was not supposed to happen.

Mempool bloat? Meh, just another spam attack. Honeybadger eats those for lunch.

$0.06 to get in the next block! Who's buying?

You keep telling us we should stop bitcoin for coffee, what your encouraging it now. Each transaction is subsidizes by $5-10 in monetary inflation, such ignorance calling a $0.06 increase in fees a win. Core 0.12 claims to only allow transactions that meet a specific centralized control policy to be admitted to the mempool, so yes a win for Core 0.12 nodes and a big middle finger to the rest of the Bitcoin network.

[Adrian-x]

1MB wins, gavin or hearn or whoever forker or angry banker turns back their spam scrypt.

still not tonight dearies.

not sure that argument holds anymore Blockstream have a huge investment from the existing banking incumbents, ironically they are invested in Blocking the stream of bitcoin but not invested in Bitcoin itself.  

Says the guy pushing for CorporateCoin.

Shills keep saying this, but you need to explain it, Blockstream almost has an exclusive monopoly on corporate influence on the development of Bitcoin.

[hdbuck]

Spam limit working as intended  

no the transactions centralized control deemed undesirable were not written to the blockchain  but bloated the Mempool, something that was not supposed to happen.

Mempool bloat? Meh, just another spam attack. Honeybadger eats those for lunch.

$0.06 to get in the next block! Who's buying?

You keep telling us we should stop bitcoin for coffee, what your encouraging it now. Each transaction is subsidizes by $5-10 in monetary inflation, such ignorance calling a $0.06 increase in fees a win. Core 0.12 claims to only allow transactions that meet a specific centralized control policy to be admitted to the mempool, so yes a win for Core 0.12 nodes and a big middle finger to the rest of the Bitcoin network.

consider it a treat compared to the mind fuck you've been subject to by the bitco.in gurus.

[brg444]

Spam limit working as intended 

no the transactions centralized control deemed undesirable were not written to the blockchain  but bloated the Mempool, something that was not supposed to happen.

Mempool bloat? Meh, just another spam attack. Honeybadger eats those for lunch.

$0.06 to get in the next block! Who's buying?

You keep telling us we should stop bitcoin for coffee, what your encouraging it now. Each transaction is subsidizes by $5-10 in monetary inflation, such ignorance calling a $0.06 increase in fees a win. Core 0.12 claims to only allow transactions that meet a specific centralized control policy to be admitted to the mempool, so yes a win for Core 0.12 nodes and a big middle finger to the rest of the Bitcoin network.

Do you have daddy issues?

The network, not Core, not centralized policies, decide if your transaction is good or not.

If you can't pay then you get the big middle finger indeed, simple as that.

[brg444]

1MB wins, gavin or hearn or whoever forker or angry banker turns back their spam scrypt.

still not tonight dearies.

not sure that argument holds anymore Blockstream have a huge investment from the existing banking incumbents, ironically they are invested in Blocking the stream of bitcoin but not invested in Bitcoin itself.  

Says the guy pushing for CorporateCoin.

Shills keep saying this, but you need to explain it, Blockstream almost has an exclusive monopoly on corporate influence on the development of Bitcoin.

Not my problem if shitty Coinbase can only afford Gavin

[Adrian-x]

Spam limit working as intended 

no the transactions centralized control deemed undesirable were not written to the blockchain  but bloated the Mempool, something that was not supposed to happen.

Does 0.12 include a big flashing sign to remind me that my transaction is spam? I sure hope so. Then I can reenter it with a non spam mindset.

No but they have included a new feature called Opt-in Replace-by-fee transactions you need to use this feature if you want to make your invalid transaction valid again.

it's a change to Bitcoin that comes with a with a lot of new problems but just ignore them for now.

[bargainbin]

Spam limit working as intended  

no the transactions centralized control deemed undesirable were not written to the blockchain  but bloated the Mempool, something that was not supposed to happen.

Mempool bloat? Meh, just another spam attack. Honeybadger eats those for lunch.

$0.06 to get in the next block! Who's buying?

You keep telling us we should stop bitcoin for coffee, what your encouraging it now. Each transaction is subsidizes by $5-10 in monetary inflation, such ignorance calling a $0.06 increase in fees a win. Core 0.12 claims to only allow transactions that meet a specific centralized control policy to be admitted to the mempool, so yes a win for Core 0.12 nodes and a big middle finger to the rest of the Bitcoin network.

Do you have daddy issues?

The network, not Core, not centralized policies, decide if your transaction is good or not.

If you can't pay then you get the big middle finger indeed, simple as that.

Bitcoin doing what Bitcoin does best...



But really ugais, I'm totally not savoring every delicious moment of this...

[Adrian-x]

The network, not Core, not centralized policies, decide if your transaction is good or not.

hardly, its those who manage to veto the proposals to allow blockchain grow that exert control what transactions become valid - demand is moving off bitcoin blockchain and your calibrating.   

[aztecminer]

nah, halving will be a boom, if anything.

So you think. And so EVERYONE thinks. Which means everyone is holding and buying for after the halving. Which means there will be a huge dump after the halving. Which means... Well I think you understood ^^

interesting thought. we'll see, i suppose.

Problem being that in fact you absolutely can't know because of all the parameters... I find the idea interesting but...

Well it's all a bet I suppose. But in the end the price will rise that's for sure!

too many variables, exactly. it's one of the things that keeps me interested around here. unpredictability.

bitcoin is predictable.. the range is $350 to $500 .. thats it. #paralyzed #GimpedCoin

my prediction is holding from two weeks ago (i sure i find another one going further back) ..

[brg444]

Spam limit working as intended 

no the transactions centralized control deemed undesirable were not written to the blockchain  but bloated the Mempool, something that was not supposed to happen.

Does 0.12 include a big flashing sign to remind me that my transaction is spam? I sure hope so. Then I can reenter it with a non spam mindset.

No but they have included a new feature called Opt-in Replace-by-fee transactions you need to use this feature if you want to make your invalid transaction valid again.

it's a change to Bitcoin that comes with a with a lot of new problems but just ignore them for now.

RBF was actually invented by Satoshi and implemented in the original release. Try again

[brg444]

The network, not Core, not centralized policies, decide if your transaction is good or not.

hardly, its those who manage to veto the proposals to allow blockchain grow that exert control what transactions become valid - demand is moving off bitcoin blockchain and your calibrating.   

By those you mean 4000 nodes and about 80% of the mining power?