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

[JayJuanGee]

You are a useful tool for the bankster corporate shills; hopefully they are paying you in bitcoin, even if that remains ironic for you to be receiving and perhaps HODLing the thing that you are FUDding.

Haven't you argued vehemently against increasing Bitcoin's native blocksize limit?

Have you then not served the interests of the fat bankster pigs as well?

Another fuckster BIG BLOCKer nutjob.  Oh my?  

Don't you realize BIG BLOCKer talking points are dead, and you need to come up with something new?

By the way, you try to make this about me, you newbie bcash shill, and I am not arguing shit in regards to the various BIG BLOCKer nutjob claims that come into this thread periodically, so don't try to frame the issue as if I have some kind of thing to prove, because I don't.  Most frequently, when one of you BIG BLOCKer nutjob comes into the thread to make your stupid ass claims, you try to act as if the other side has the burden to prove that it is correct rather than you, when it does not.  

The fact of the matter is if you want BIG BLOCKS to be adopted, then you have the burden to show that it is going to be helpful in some kind of way (you need to show with facts and/or logic).. at least more helpful than it hurts, and it seems that no one of importance (besides a bunch of stupid ass bcash supporters) is convinced about the lack of evidence and/or logic that you various BIG BLOCKer nutjobs have produced for your position about the supposed goodness of BIG BLOCKS...

So why don't you go back to r/btc or Bitcoin.com where your views are more appreciated, and to support your bcash BIG BLOCK crap that is going to spread around the world...   hahahahahaha.. NOT too likely to spread more than sinking to zero, and that is why you are in this thread trying to bash bitcoin rather than building on your BIG BLOCKer btrash project that is going to bring more problems than it solves to the extent that it has hardly any smart/competent developers who are able to really focus on what is important in a coin...  

[jbreher]

Bitcoin ... mining costs over 1000$ per user a year. How the heck is more people having it going to fix this?!

Amortizing the unit system price across more users does exactly this, silly.

At the end even he confesses that there are newer and better cryptos then bitcoin,

If so, he is wrong. Certainly there are newer cryptos than bitcoin. And there are other cryptos that are better at niche use cases than bitcoin. But as far as being a usable money or store of value, bitcoin remains king of the hill.

This guy doesn't know the heck he is talking about and is possibly having some kind of a mental breakdown.

Odd thing to publicize about yourself, but okay....

[El duderino_]

Breaking 24777$ prediction game      FINAL LIST       

27/12/2017 bikerleszno
29/12/2018 cAPSLOCK 
30/12/2017 digithusiast
31/12/2017 Raja_MBZ
01/01/2018 elg
02/01/2018 wachtwoord
03/01/2018 JimboToronto
04/01/2018 d_eddie 
05/01/2018 BTCMILLIONAIRE
06/01/2018 HanvanBitcoin
07/01/2018 ghandi
08/01/2018 savetherainforrest
09/01/2018 explorer
10/01/2018 bicoinpsycho
11/01/2018 Bitcoinaire
12/01/2018 speedwheel
13/01/2018 undeadbitcoiner
14/01/2018 northypoale
15/01/2018 ivomm
16/01/2018 maca068
17/01/2018 bitcoinvest
18/01/2018 last of the v8s
19/01/2018 mfort312
20/01/2018 1982dre
21/01/2018 flamast2
22/01/2018 RealMachasm
23/01/2018 willope
24/01/2018 kartala
25/01/2018 orpington
26/01/2018 rolling
27/01/2018 LFC_bitcoin
28/01/2018 jojo69
29/01/2018 CristiTCM
30/01/2018 rayX12
31/01/2018 realsteelboy
01/02/2018 twocorn
02/02/2018 mancroofer
03/02/2018 True Myth
04/02/2018 poolminor
05/02/2018 itod
06/02/2018 scheptan
07/02/2018 vapourminer
08/02/2018 alexeft
09/02/2018 siera
10/02/2018 AlcoHoDL
11/02/2018 Dunkelheit667
12/02/2018 yonton
13/02/2018 Wekkel
14/02/2018 Thekool1s
15/02/2018 starmman
16/02/2018 Globb0
17/02/2018 leveldkrypto
18/02/2018 olesh
19/02/2018 BitCoinBurger
20/02/2018 Paashaas
21/02/2018 flynn
22/02/2018 icygreen
23/02/2018 erisdiscordia
24/02/2018 phil_s
25/02/2018 sirazimuth
26/02/2018 Arriemoller
27/02/2018 yonton
28/02/2018 Muttley
01/03/2018 bones261
02/03/2018 heater
03/03/2018 soullyG
04/03/2018 InvoKing
05/03/2018 Notme
06/03/2018 sa_94
07/03/2018 NUFCrichard
08/03/2018 Imbatman
09/03/2018 Roombot
10/03/2018 STT
11/03/2018 badream
13/03/2018 erre
14/03/2018 julian071
15/03/2018 podyx 
17/03/2018 fragout
18/03/2018 fabiorem
21/03/2018 dakustaking76
23/03/2018 nikauforest
31/03/2018 vroom
01/04/2018 somac.
02/04/2018 kurious
04/04/2018 fluidjax
05/04/2018 bitcoinbunny
08/04/2018 tyler1890
10/04/2018 ludwigvon
11/04/2018 hairymaclairy
16/04/2018 practicaldreamer
18/04/2018 free-bit.co.in
27/04/2018 drbrockoin
01/05/2018 sprinkles
02/06/2018 oblox
07/07/2018 IntroVert
03/08/2018 toxic2040
28/08/2018 bitserve
15/10/2018 Yefi
05/11/2018 mikenz
31/12/2018 melman2002
01/01/2019 Spaceman_Spiff_Original
12/02/2019 FractalUniverse
21/04/2019 gentlemand
20/02/2020 romneymoney
18/12/2021 luckygenough56

UPDATE     AND GOOD LUCK

[Last of the V8s]

[HairyMaclairy]

V8 please reduce your output of quality content.  I have merited you excessively and it’s just not sustainable. 

[bitserve]

V8 please reduce your output of quality content.  I have merited you excessively and it’s just not sustainable. 

Confirmed.

[gembitz]

V8 please reduce your output of quality content.  I have merited you excessively and it’s just not sustainable.  

TBH, I'm a merit source, and down to my last 3 sendable sMerits, at the moment :| (No - DO NOT MERIT THIS POST YOU SILLY GOOSES !)

... and Theymos expects me to venture out of this thread ?!

I'm trying to top off other posters from time to time when I notice they are running low as well.

Too much quality here, folks.

i'm still waiting on the +merit windows wallet :-D ha

[suchmoon]

EDIT: Goddamn you, suchmoon...

It was an accident, I swear, I tripped and fell on the merit button.

[Rosewater Foundation]

V8 please reduce your output of quality content.  I have merited you excessively and it’s just not sustainable.  

TBH, I'm a merit source, and down to my last 3 sendable sMerits, at the moment :| (No - DO NOT MERIT THIS POST YOU SILLY GOOSES !)

... and Theymos expects me to venture out of this thread ?!

I'm trying to top off other posters from time to time when I notice they are running low as well.

Too much quality here, folks.

EDIT: Goddamn you, suchmoon...

There are a few meritorious posts out there.
https://bitcointalk.org/index.php?topic=3174746.0
But you really have to go looking for them. And who wants to do that?

Edit:

At the height of China's command over the Bitcoin market a couple or more years ago the number of full nodes there regularly fell below 100.

I've just had a look and the number of full nodes has gone up hugely in the last few months to over 2000 now, in fact it's added over 1000 in the last month alone.

https://bitnodes.earn.com/dashboard/?days=730

Can anyone in the know tell me why this has happened?

[bones261]

V8 please reduce your output of quality content.  I have merited you excessively and it’s just not sustainable.  

TBH, I'm a merit source, and down to my last 3 sendable sMerits, at the moment :| (No - DO NOT MERIT THIS POST YOU SILLY GOOSES !)

... and Theymos expects me to venture out of this thread ?!

I'm trying to top off other posters from time to time when I notice they are running low as well.

Too much quality here, folks.

EDIT: Goddamn you, suchmoon...

I still have 106 smerits from the initial disbursement in addition to to a few more from my recently acquired "duty." I guess that I have been way too stingy. It's really hard branching out. Quite frankly, I'm not finding much to merit.   Oh well, at least people don't seem to like my posts much. So I am not acquiring many smerits on top of everything else. I should be able to bring this down to a balance of zero by year end.

There are a few meritorious posts out there.
https://bitcointalk.org/index.php?topic=3174746.0
But you really have to go looking for them. And who wants to do that?

Thanks for the tip off. 

[realr0ach]

And then cleanse the town with fire...

[Elwar]

Probably should ask in Dev but you folks are hip to the latest things...

Is there a way to automatically forward from an address you control to another address? Like some perpetual address locking mechanism?


I'm looking at Rootstock.

The way it works (as far as I can tell right now) is that you send from your wallet to a designated Rootstock controlled Bitcoin address.

At that point the bitcoins are locked and the same amount of Smartcoins are released on the Rootstock network back to the address of the wallet you sent from (again, I have no idea if this is reality). So now you have control of your Rootstock smartcoins because you know the private key of the originating address.

You can do all of your smartcoin stuff, then when you want them back in bitcoins you send to a designated Rootstock exit address and coins are released to an address you sent from on Rootstock (maybe that's how it works?).

I was wondering if there would be a way to send from one address to another on the Bitcoin network but have it go through Rootstock, do some filtering or whatever and come back without needing to run wallet software to move it along.

[Last of the V8s]

did not know that tbh

[Rosewater Foundation]

did not know that tbh

TIL thanks for the tip off

[Elwar]

SHA-2 (Secure Hash Algorithm 2) is a set of cryptographic hash functions.

SHA-256 is used in several different parts of the Bitcoin network:

Mining uses SHA-256 as the Proof of work algorithm.
SHA-256 is used in the creation of bitcoin addresses to improve security and privacy.

[Rosewater Foundation]

Another pearl from the Dev section:

nLockTime is specific to the subject transaction. This means if you sign a transaction with an nLockTime, that transaction cannot confirm in a block prior to that constraint.

OP_CHECKLOCKTIMEVERIFY on the other hand, restrict outputs of a transaction from being spent prior to a certain constraint. There are very different use cases for OP_CHECKLOCKTIMEVERIFY than for nLockTime. If a customer is withdrawing funds from a service, there is no real reason why the service would want to restrict the customer from spending their withdrawal anything other than immediately.

As mentioned above, OP_CHECKLOCKTIMEVERIFY will be used with LN and other similar payment channels. It is likely that OP_CHECKLOCKTIMEVERIFY was soft-forked into Bitcoin with LN/payments channels in mind.

[d_eddie]

SHA-2 (Secure Hash Algorithm 2) is a set of cryptographic hash functions.

SHA-256 is used in several different parts of the Bitcoin network:

Mining uses SHA-256 as the Proof of work algorithm.
SHA-256 is used in the creation of bitcoin addresses to improve security and privacy.

How dare you contradict?
Satoshi knows better for sure.
 

[xhomerx10]

SHA-2 (Secure Hash Algorithm 2) is a set of cryptographic hash functions.

SHA-256 is used in several different parts of the Bitcoin network:

Mining uses SHA-256 as the Proof of work algorithm.
SHA-256 is used in the creation of bitcoin addresses to improve security and privacy.

 Yeah and without ECDSA they're pretty tough to spend.  Seems like crypto currencies need cryptography to function.  Anyone know what Satoshi^-1 was driving at?


edit: major correction of the meaning of Satoshi

[Last of the V8s]

Another pearl from the Dev section:

nLockTime is specific to the subject transaction. This means if you sign a transaction with an nLockTime, that transaction cannot confirm in a block prior to that constraint.

OP_CHECKLOCKTIMEVERIFY on the other hand, restrict outputs of a transaction from being spent prior to a certain constraint. There are very different use cases for OP_CHECKLOCKTIMEVERIFY than for nLockTime. If a customer is withdrawing funds from a service, there is no real reason why the service would want to restrict the customer from spending their withdrawal anything other than immediately.

As mentioned above, OP_CHECKLOCKTIMEVERIFY will be used with LN and other similar payment channels. It is likely that OP_CHECKLOCKTIMEVERIFY was soft-forked into Bitcoin with LN/payments channels in mind.

Panthers52=Quickseller=MasterP should know a thing or two about escrow and how to screw with it.

[Rosewater Foundation]

I see you have a list, too.