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September 28, 2021, 11:47:45 AM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
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Question: When will we see a new ATH?
October - 20 (26%)
November - 13 (16.9%)
December - 24 (31.2%)
2022 - 12 (15.6%)
After 2022 - 8 (10.4%)
Total Voters: 77

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25444784 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (157 posts by 13+ users deleted.)
bones261
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January 28, 2018, 05:18:06 AM

I read just now, that the 'lightning network' for BTC is now LIVE...

here is the link

https://www.finder.com.au/bitcoin-price-weekly-analysis-2018-01-28


seems sketchy as the only article I can find...do they mean just live on 'mainnet' to test

or is it really ready for prime time?



It's not ready for prime time. Use at own risk.
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Reply with quote  #2

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Searing
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January 28, 2018, 05:18:26 AM
Merited by d_eddie (1)










d_eddie
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January 28, 2018, 05:19:22 AM

I read just now, that the 'lightning network' for BTC is now LIVE...

here is the link

https://www.finder.com.au/bitcoin-price-weekly-analysis-2018-01-28


seems sketchy as the only article I can find...do they mean just live on 'mainnet' to test

or is it really ready for prime time?
Hehe how do you figure? Channels still limited to 0.042 btc. However, it's a happy coincidence with the low transaction fees on the main chain making new channel creation fairly cheap.

Hm... one moment. Happy coincidence? There are no coincidences! (Looking warily over shoulder)
... and most aren't happy anyway. Wish a real conspiracy expert would chime in now.
Searing
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January 28, 2018, 05:19:30 AM

I read just now, that the 'lightning network' for BTC is now LIVE...

here is the link

https://www.finder.com.au/bitcoin-price-weekly-analysis-2018-01-28


seems sketchy as the only article I can find...do they mean just live on 'mainnet' to test

or is it really ready for prime time?



It's not ready for prime time. Use at own risk.


Do they have a 'timeline' or are they being the usual 'bitcoin core' coy ...about if/when/ever anything they do is 'ready' Smiley

HairyMaclairy
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January 28, 2018, 05:21:21 AM

I read just now, that the 'lightning network' for BTC is now LIVE...

here is the link

https://www.finder.com.au/bitcoin-price-weekly-analysis-2018-01-28


seems sketchy as the only article I can find...do they mean just live on 'mainnet' to test

or is it really ready for prime time?



Yes it’s live in main net. No, it’s not really ready.

Open source software is dangerous.  There is no central authority to hold your hand. 
bones261
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January 28, 2018, 05:24:25 AM

I read just now, that the 'lightning network' for BTC is now LIVE...

here is the link

https://www.finder.com.au/bitcoin-price-weekly-analysis-2018-01-28


seems sketchy as the only article I can find...do they mean just live on 'mainnet' to test

or is it really ready for prime time?



It's not ready for prime time. Use at own risk.


Do they have a 'timeline' or are they being the usual 'bitcoin core' coy ...about if/when/ever anything they do is 'ready' Smiley



I believe the developers of Lightning Network are somewhat annoyed that their product is now being actively tested with real Bitcoins. Slightly modified versions, of course, that allow for it to be on mainnet rather than testnet.
Searing
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January 28, 2018, 05:25:20 AM

I read just now, that the 'lightning network' for BTC is now LIVE...

here is the link

https://www.finder.com.au/bitcoin-price-weekly-analysis-2018-01-28


seems sketchy as the only article I can find...do they mean just live on 'mainnet' to test

or is it really ready for prime time?



Yes it’s live in main net. No, it’s not really ready.

Open source software is dangerous.  There is no central authority to hold your hand. 


yeah, the joys of having enough BTC to matter.  Half the time I walk around smug like I really pulled something off...the other half I'm in panic mode and waving arms

like a 12-year-old child, having a panic attack....crypto always drama, drama, drama

ah, the joys of being in HODL mode Smiley

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January 28, 2018, 05:26:53 AM

You can buy stickers on the live mainnet.
bones261
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January 28, 2018, 05:38:47 AM

Wonder if they are now going to try to squeeze the shorts again... Sunday surprise? Grin We will see. Still have quite a way to go to force liquidations.
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January 28, 2018, 05:40:35 AM

Whenever I hear a bunch of exuberant comments about trains etc I know a brutal bulltrap is coming

BTCBTC going to candy mountain :-D weee
RoomBot
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January 28, 2018, 05:48:20 AM

Torque, Bitcoin does not give a shit what is good or bad for him. In the past the price has reduced by 90% and look where we are now. The only thing we can do is pave their way for exponential growth and adoption. Artificially restricting its growth causes a direct benefit for the altcoins.

Oh sorry, didn't realize that I had my foot on the Bitcoin brake. I guess I'll take my foot off now...  Roll Eyes  Tongue

Don't BCrash!
HairyMaclairy
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January 28, 2018, 05:57:42 AM
Last edit: January 28, 2018, 06:28:22 AM by HairyMaclairy
Merited by d_eddie (1)

Hmmm let’s watch the Kraken USD USDT pair closely.  This may explain BFX rally.






Edit:   Link to article here:  https://www.coindesk.com/tether-confirms-relationship-auditor-dissolved/amp/?__twitter_impression=true

It is fairly obvious that if Bitfinex fired the auditor, they would have said so.  Accordingly we have to assume the auditor has quit. Which probably means Tether has gone bad.  Hang onto your pants boys and girls - this could get a little volatile.
d_eddie
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January 28, 2018, 06:26:21 AM

The first cheering half-tit of a calf run?
The lady knows how to handle flow.
Merited as a micro push.
But you invite me to your next party okay?  Grin
pera
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January 28, 2018, 06:32:36 AM

Big arbitrage opportunities between Bitfinex and Coinbase/GDAX right now Shocked
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January 28, 2018, 06:37:13 AM

(uninteresting titless img snipped)
(interesting img worth reposting cause tits)
The first cheering half-tit of a budding calf run?
The lady knows how to handle flow.
Merited as a micro push.
But you invite me to your next party okay?  Grin



schwing.

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January 28, 2018, 06:38:45 AM

Hmmm let’s watch the Kraken USD USDT pair closely.  This may explain BFX rally.

It is fairly obvious that if Bitfinex fired the auditor, they would have said so.  Accordingly we have to assume the auditor has quit. Which probably means Tether has gone bad.  Hang onto your pants boys and girls - this could get a little volatile.

so coinbase manipuating, bitfinex printing tethers... blah
What happens with bitfinex when the tether thingie comes out --> ?? --> it's a major exchange ...

Kraken is getting into USDT Huh why?
Neo_Coin
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January 28, 2018, 06:47:09 AM

[/url]
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January 28, 2018, 07:10:52 AM
Merited by FractalUniverse (1)

I read just now, that the 'lightning network' for BTC is now LIVE...

here is the link

https://www.finder.com.au/bitcoin-price-weekly-analysis-2018-01-28

seems sketchy as the only article I can find...do they mean just live on 'mainnet' to test
It's not sketchy at all. Most of the software has not even reached Beta version, however a lot of people are already using it on the mainnet:



800 channels: https://lnmainnet.gaben.win.

Do they have a 'timeline' or are they being the usual 'bitcoin core' coy ...about if/when/ever anything they do is 'ready' Smiley
LN developers =/= Bitcoin Core developers although some might have contributed to both. It will be ready whenever they feel it can guarantee that users won't lose any funds due to a weird bug.
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January 28, 2018, 07:55:18 AM

Hmmm let’s watch the Kraken USD USDT pair closely.  This may explain BFX rally.

It is fairly obvious that if Bitfinex fired the auditor, they would have said so.  Accordingly we have to assume the auditor has quit. Which probably means Tether has gone bad.  Hang onto your pants boys and girls - this could get a little volatile.

so coinbase manipuating, bitfinex printing tethers... blah
What happens with bitfinex when the tether thingie comes out --> ?? --> it's a major exchange ...

Kraken is getting into USDT Huh why?

Oh god why are not understanding this  Huh
People are rushing to the exit of Tether. They buy all the coinz on tether exchanges because nobody will be the one holding the tether-bags.
So in the end: Tether-exhanges will have a massive! premium to non-tether exchanges.
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January 28, 2018, 08:07:15 AM

(uninteresting titless img snipped)
(interesting img worth reposting cause tits)
The first cheering half-tit of a budding calf run?
The lady knows how to handle flow.
Merited as a micro push.
But you invite me to your next party okay?  Grin



schwing.



Yep, definitely a break to the upside. Providing it isn't false, I think next resistance will be above 14k, close to 15k maybe.
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