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

[sirazimuth]

I hope these godless monsters stop dumping for Christmas. Baby Jesus FFS!

godless monsters??!! I beg your pardon sir!

[Ludwig Von]

OT: Theranos.

Why in the hell do investors keep giving this shit company money? They have been at it over a decade now and they have nothing, zero, zilch, nada. Their supposed super secret IP is a complete fraud, a scam. They haven't made a dime on anything. Their CEO jet sets around and lives like a billionaire queen, and has been doing so for ten years now. She's delusional and thinks that she is the next Steve Jobs.

https://www.yahoo.com/tech/theranos-gets-100-million-debt-181505187.html

It’s debt and probably secured against the only real assets the company has left (whatever those are).  Also drawdown is highly conditional. 

It 's all about the Collar... .

[404Revolution]

I hope these godless monsters stop dumping for Christmas. Baby Jesus FFS!

godless monsters??!! I beg your pardon sir!

No joke, China literally banned Christmas so....

I don't know what else to say! All you can do is lol @ it

[BlindMayorBitcorn]

[Meuh6879]

 Enjoy your night !

[flynn]

millions of pre filled dogecoin paper wallets

That's about $1 for all of them, right ?

[Meuh6879]

2MB blocks, 8MB, 64MB, whatever you want MB is not the solution.

confirmed.



source : https://www.reddit.com/r/Bitcoin/comments/7fyhbw/the_great_bitcoin_bull_market_of_2017_by_trace/ (liens runtogold)

[sAt0sHiFanClub]

Bah.

$20k USD/BTC for Christmas would have been nice 

That sea of red tho...

Looking a bit bearish today - Suspect its to do with the alt surge - that will all dump into BTC at some point...

Its probably just last minute shopping. It will be fine.

Happy Christmas to all blockers, small and large.  

[sAt0sHiFanClub]

Ha HA!  Sorry, you old dog, I beat you to the dealership!!

Vroom! Vroom!

Have a Happy Christmas.

[jbreher]

So anyone buying their other half or family members some BTC for Christmas?

I've given each of the progeny (3 kids, 2 inlaws, 2 grandkids) 1 BTC each of the last three xmases. I see no reason to divert. This year, they'll be wrapped in Ledger Nano Ss.

is that a tax write off? (serious question btw.. my tax knowledge is zero, tho that will be changing in near future, no doubt)

Well, I am married. And US-ian. Which means that up to $28K per individual carries some sort of tax preference. Not sure the details - that's a matter for my preparer.

[BlindMayorBitcorn]

Bah.

$20k USD/BTC for Christmas would have been nice  

That sea of red tho...

Looking a bit bearish today - Suspect its to do with the alt surge - that will all dump into BTC at some point...

Its probably just last minute shopping. It will be fine.

Happy Christmas to all blockers, small and large.  

All I want for Christmas is moon.

[itod]

2MB blocks, 8MB, 64MB, whatever you want MB is not the solution.

2mb would give Core time to implement LN and other sidechains.

It's already implemented. Not just a reference implementation, but production implementations by three (3) independent companies: ACINQ, Blockstream, and Lightning Labs. Tested on testnet that each implementation works with two others. They are now testing it on the mainnet. How impatient people can be? Should they put it in production without proper testing? Some of them are opensource, but support is not free. You realize they are rushing to put it to market, because whoever is first will get the bigger share of the profits from every institution who will be using it. But at the same time, they can not afford the screw up, so it's a balance between enough testing and hurrying to offer it to entities on the market. Be asured they will not take a single day longer then it is absolutely necessary.

[BlindMayorBitcorn]

You forkers are nuttier than a fruit cake. Block space is a resource. You can't just... um... double it.

[criptix]

Not sure why you people cry. Im super happy lol 

(I would be even more happy for sub 10k - but you cant have everything right?)

[alexeft]

2MB blocks, 8MB, 64MB, whatever you want MB is not the solution.

2mb would give Core time to implement LN and other sidechains.

It's already implemented. Not just a reference implementation, but production implementations by three (3) independent companies: ACINQ, Blockstream, and Lightning Labs. Tested on testnet that each implementation works with two others. They are now testing it on the mainnet. How impatient people can be? Should they put it in production without proper testing? Some of them are opensource, but support is not free. You realize they are rushing to put it to market, because whoever is first will get the bigger share of the profits from every institution who will be using it. But at the same time, they can not afford the screw up, so it's a balance between enough testing and hurrying to offer it to entities on the market. Be asured they will not take a single day longer then it is absolutely necessary.

I just hope they take their time and make it as bugless as possible! We all saw what happened with the bug that bitmain took advantage of.......

[BlindMayorBitcorn]

sauce^

[goggles]

dogecoin users unaffected?  

[Gab0]

Looking for some update of LN in r / lightning.network, I found this:





From the LN white paper:
https://lightning.network/lightning-network-paper.pdf






If the block limit of 1mb will inevitably be eliminated, why refuse an increase in the size of the blocks at critical times like the ones we have seen these days?

[BlindMayorBitcorn]

I don't think we should be hardfroking to accommodate L2 'solutions'. Am I wrong?

[goggles]

Maybe I don't understand the lightning network well, but wouldn't the channels used by the exchanges be the major benefit?