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

[vroom]

eternal love letter found in a reddit comment, really awesome:

https://blockchain.info/block/0000000000000000016f615859ca5cb88bb3983777df6f9f5ecbd57261cad454

[1714701366]

1714701366

[RobSteward]

eternal love letter found in a reddit comment, really awesome:

https://blockchain.info/block/0000000000000000016f615859ca5cb88bb3983777df6f9f5ecbd57261cad454

Here's the text:

DayahDover11111111111111112JYRq2 0.00314159 BTC
YourPersona1ity1sUnmatched43YzMv 0.00314159 BTC
Your1nte11igenceJustShines4B7QFA 0.00314159 BTC
YouCanDoThingsFewPeop1eCan1G6NPV 0.00314159 BTC
AndYoureA1waysJustGorgeous2x1SyG 0.00314159 BTC
YouAreRea11yMyEntireWor1d116eypT 0.00314159 BTC
GivingMyLifeMeaningAndFun13pcr5P 0.00314159 BTC
Dayah7Px1kbs5x5cQbQMHtMm9wnUWJYTG 0.00314159 BTC
LoveYou1111111111111111111GPc4r 0.00314159 BTC
Forever11111111111111111113RMwCB

[BTCMILLIONAIRE]

eternal love letter found in a reddit comment, really awesome:

https://blockchain.info/block/0000000000000000016f615859ca5cb88bb3983777df6f9f5ecbd57261cad454

I bet BCash doesn't get any love letters.

[bones261]

Where's my Black Friday discount on BTC? This small 2% discount off ATH just isn't going to cut it. In fact, yesterday's dip wasn't even that big of a deal. I want a deep discount. Jimbo wants one too. I am sure.  

Maybe if I want a doorbuster, I'm going to have to go to Wal-Mart. 

https://www.youtube.com/watch?v=n_adgG8Ba2Q

[vroom]

Where's my Black Friday discount on BTC? This small 2% discount off ATH just isn't going to cut it. In fact, yesterday's dip wasn't even that big of a deal. I want a deep discount. Jimbo wants one too. I am sure.  

I'm disappointed too. difficulty change is getting closer, all this new bitfinex/tether and flippening FUD. It looked like something was brewing. even the mempool looks ok.

[Torque]

As far as the law is concerned, I don't see why a clearly defined contract should not hold in law depending on what the application of it is. But I'm not a lawyer so that's not something that I can even speculate about given how absurd some of the loopholes over there are.

Yes, but here's the thing:

1. In the cases where there is already legal precedent (99.99% of contracts that one would write), contracts must be written in alignment with what is already legally defensible. Thus involvement of the legal system is unavoidable. So no advantage to a smart contract over non-smart one (i.e. paper contract) there.

- and -

2. If you write a legally-binding contract in paper form vs. a smart contract in code, their wording and rules will be virtually identical, but the paper form will be easier to write and sign. And won't require purchasing ETH to create and execute it. So still no ROI advantage to doing it in smart code.

See what I mean? This is what I mean when I say that smart contracts are a solution looking for a problem that doesn't exist.

It like when companies say that Blockchain tech will change the world, but the coins themselves are irrelevant and unnecessary.
 

[bones261]

Where's my Black Friday discount on BTC? This small 2% discount off ATH just isn't going to cut it. In fact, yesterday's dip wasn't even that big of a deal. I want a deep discount. Jimbo wants one too. I am sure.  

I'm disappointed too. difficulty change is getting closer, all this new bitfinex/tether and flippening FUD. It looked like something was brewing. even the mempool looks ok.

I absolutely hate Bitfinex and believe the "FUD" about spoofy and Tether.   However, Bitcoin does not need Bitfinex for it's own viability. There are plenty of other exchanges. I don't know why some of these twitter OG are coming to the defense of Bitfinex. I think the BTC economy will be a whole lot better without them. I don't even mind that they kicked us US customers to the curb.

[ErisDiscordia]

eternal love letter found in a reddit comment, really awesome:

https://blockchain.info/block/0000000000000000016f615859ca5cb88bb3983777df6f9f5ecbd57261cad454

Here's the text:

DayahDover11111111111111112JYRq2 0.00314159 BTC
YourPersona1ity1sUnmatched43YzMv 0.00314159 BTC
Your1nte11igenceJustShines4B7QFA 0.00314159 BTC
YouCanDoThingsFewPeop1eCan1G6NPV 0.00314159 BTC
AndYoureA1waysJustGorgeous2x1SyG 0.00314159 BTC
YouAreRea11yMyEntireWor1d116eypT 0.00314159 BTC
GivingMyLifeMeaningAndFun13pcr5P 0.00314159 BTC
Dayah7Px1kbs5x5cQbQMHtMm9wnUWJYTG 0.00314159 BTC
LoveYou1111111111111111111GPc4r 0.00314159 BTC
Forever11111111111111111113RMwCB

A love letter written on the blockchain with every address having an amount of mBTC equivalent to the value of pi. The nerd is strong in this one!

[barota]

[itod]

As far as the law is concerned, I don't see why a clearly defined contract should not hold in law depending on what the application of it is. But I'm not a lawyer so that's not something that I can even speculate about given how absurd some of the loopholes over there are.

I thought the whole idea of the smart contracts is that they don't care about the law, the justice system can not turn them over. Contracts based on math, Honey badger don't care sort of thing, it either executes on the blockchain or not. What's the point of troubling with it if some judge can invalidate it?

[Vin]

Soon...
Today is BlackFriday and there is (luckily?) no big discount on BTC.
But the day is not over.
Lets hope the best  

[gentlemand]

A love letter written on the blockchain with every address having an amount of mBTC equivalent to the value of pi. The nerd is strong in this one!

It's from Jihan Wu to yours truly. We met at a conference where he signed my Antminer and things went from there.

The fact he did it on the BTC chain shows how much I mean to him.

I don't really have the words right now...

[Torque]

As far as the law is concerned, I don't see why a clearly defined contract should not hold in law depending on what the application of it is. But I'm not a lawyer so that's not something that I can even speculate about given how absurd some of the loopholes over there are.

I thought the whole idea of the smart contracts is that they don't care about the law, the justice system can not turn them over. Contracts based on math, Honey badger don't care sort of thing, it either executes on the blockchain or not. What's the point of troubling with it if some judge can invalidate it?

But..but.. what's the advantage for the participants involved if a breach of contract or dispute is not defensible in court? Why not just spit and shake hands on a gentleman's agreement for that matter?

And anything that has legal precedent (99.99% of contracts) can be challenged in court. Smart contract or no.

[itod]

As far as the law is concerned, I don't see why a clearly defined contract should not hold in law depending on what the application of it is. But I'm not a lawyer so that's not something that I can even speculate about given how absurd some of the loopholes over there are.

I thought the whole idea of the smart contracts is that they don't care about the law, the justice system can not turn them over. Contracts based on math, Honey badger don't care sort of thing, it either executes on the blockchain or not. What's the point of troubling with it if some judge can invalidate it?

But..but.. what's the advantage for the participants involved if a breach of contract or dispute is not defensible in court? Why not just spit and shake hands on a gentleman's agreement for that matter?

And anything that has legal precedent (99.99% of contracts) can be challenged in court. Smart contract or no.

Spit and shake hands as much as you want, brother, but only signature with your private key counts in the end!

[Torque]

Spit and shake hands as much as you want, brother, but only signature with your private key counts in the end!

Nope. Go ask a lawyer. No matter which party ends up with the asset at the center of a smart contract dispute, that said ownership can still be challenged in a court of law. Smart contracts will not alleviate or nullify this.

[itod]

Spit and shake hands as much as you want, brother, but only signature with your private key counts in the end!

Nope. Go ask a lawyer. No matter which party ends up with the asset at the center of a smart contract dispute, that said ownership can still be challenged in a court of law. Smart contracts will not alleviate or nullify this.

Riddle me this: Since you and me never signed which jurisdiction is recognized in case of the dispute, and we may be from different countries, do you really believe jurisdiction of my country has power over you?

[gentlemand]

do you really believe jurisdiction of my country has power over you?

If you're American, yes. Or at least they'll send some bombs over.

[vroom]

do you really believe jurisdiction of my country has power over you?

If you're American, yes. Or at least they'll send some bombs over.

we will nuke the shi^H^H^Hprivate keys out of you

[Torque]

Spit and shake hands as much as you want, brother, but only signature with your private key counts in the end!

Nope. Go ask a lawyer. No matter which party ends up with the asset at the center of a smart contract dispute, that said ownership can still be challenged in a court of law. Smart contracts will not alleviate or nullify this.

Riddle me this: Since you and me never signed which jurisdiction is recognized in case of the dispute, and we may be from different countries, do you really believe jurisdiction of my country has power over you?

Riddle me this: Why or when would I ever go into a smart contract with you, knowing this? Lol

[gentlemand]

At some point next year and for better or worse it's conceivable that 1 Bitcoin Gold may well be 'worth' more than 1 ounce of gold Gold.

How will this make you feel and what will the headlines look like?