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

[infofront]

It seems like we should have a bounce soon, but there's not much buying pressure?  

[El duderino_]

It seems like we should have a bounce soon, but there's not much buying pressure?  

then quickly go and buy some   

[Spaceman_Spiff_Original]

Btw, I just wanted to take a second and set a few folks here straight.

You fkn big blocker trolls, BCash shills, and even some Bitcoin bulls who were whining all last year about too high transaction fees and how Bitcoin absolutely NEEDED > 1mb block size and like IMMEDIATELY.

With the Bitcoin mempool nearly empty and 1 sat/B transactions clearing in minutes, you guys can go rightly fk off for good. Seriously. Don't even try to raise that argument here ever, EVER again. Piss off.

Spent soooo much time arguing with you fuckheads last year, now you have fk all of an argument to stand on.

/rant

You do realize that as soon as there is an increased demand for transactions again, fees will go through the roof again, right?
Of course, LN might give us a lot of leeway, but eventually block sizes will need to be increased.

[infofront]

Here's how much information google and facebook store about you.

[d_eddie]

Here's how much information google and facebook store about you.

Paraphrasing Ben Franklin, we are giving up our freedom not for security, but for convenience. Maybe we deserve what's coming.

[jbreher]

With the Bitcoin mempool nearly empty and 1 sat/B transactions clearing in minutes, you guys can go rightly fk off for good. Seriously. Don't even try to raise that argument here ever, EVER again. Piss off.

Tough titties, bucko. Your impotent rant hath no power here. I'll raise the argument whenever I want.

Quite dismayingly, the Bitcoin transaction rate seems to be suffering a lack of interest. It has been chopped in half since the heady days of $20K Bitcoin.

https://blockchain.info/charts/n-transactions

Are there 200,000 transactions on LN between the paltry 1000 or so nodes to make up for it? I admit I have been unable to find any statistics, but it seems rather unlikely.

A peer-to-peer system that is seeing declining use is nothing to celebrate.

[Sitarow]

Btw, I just wanted to take a second and set a few folks here straight.

You fkn big blocker trolls, BCash shills, and even some Bitcoin bulls who were whining all last year about too high transaction fees and how Bitcoin absolutely NEEDED > 1mb block size and like IMMEDIATELY.

With the Bitcoin mempool nearly empty and 1 sat/B transactions clearing in minutes, you guys can go rightly fk off for good. Seriously. Don't even try to raise that argument here ever, EVER again. Piss off.

Spent soooo much time arguing with you fuckheads last year, now you have fk all of an argument to stand on.

/rant

Good rant and on point.

Be aware of special interests groups that will use any means necessary for their own self interests with full disregard to the principle of what the project is about.

Let us be mind full of such individuals/groups and know that solutions that work take time to test and implement. If this did not work then another option would be explored.

BCH could be likened to a parallel attempt to accomplish a similar goal in good faith I might add.

However now that we have proof of a solid solution that works with out the need for drastic change, the alternative BCH/BCC/Bcash may now be on its way to obsolescence. (It is said that some proponents of that solution may have involuntarily worked to deceive the misinformed for personal gain).

[d_eddie]

BCH could be likened to a parallel attempt to accomplish a similar goal in good faith I might add.

I'm not that sure about the good faith.

@Torque Oh, yeah.

[infofront]

With the Bitcoin mempool nearly empty and 1 sat/B transactions clearing in minutes, you guys can go rightly fk off for good. Seriously. Don't even try to raise that argument here ever, EVER again. Piss off.

Tough titties, bucko. Your impotent rant hath no power here. I'll raise the argument whenever I want.

Quite dismayingly, the Bitcoin transaction rate seems to be suffering a lack of interest. It has been chopped in half since the heady days of $20K Bitcoin.

https://blockchain.info/charts/n-transactions

Are there 200,000 transactions on LN between the paltry 1000 or so nodes to make up for it? I admit I have been unable to find any statistics, but it seems rather unlikely.

A peer-to-peer system that is seeing declining use is nothing to celebrate.

Transaction batching.

[RayX12]

Non stop pump and dumps, the chart is unatural, just whales playing right now

Unfortunately, whales of the wrong type!

[Ivor Biggun]

Here's how much information google and facebook store about you.

This is the link you use for deleting your account. First login to facebook, then go to that link.

https://www.facebook.com/help/delete_account

It's very difficult to find. The deactivate account option is easy to find, but doesn't delete all your data.

Neither deleting or deactivating your account forces apps you installed to delete any data they acquired from your account. You have send a request to each app developer for that.

All those bitcoiners who claimed stellars from the snapshot last year had to install a stellar facebook app to claim. The stellar app developer is probably holding more of their data than they realize.

[Torque]

Tough titties, bucko. Your impotent rant hath no power here. I'll raise the argument whenever I want.

And I'll remind you to fk off. Whenever I want.

A peer-to-peer system that is seeing declining use is nothing to celebrate.

Yep, you're exactly right about BCash. Nothing to celebrate.

You do realize that as soon as there is an increased demand for transactions again, fees will go through the roof again, right?

So you are saying that we need to architect for speculative, pump-and-dump throughput that happens over a few month period every 2-3 years? It literally sounds like you are saying that. That was never the use case nor the purpose of Bitcoin.

[d_eddie]

Here's how much information google and facebook store about you.

This is the link you use for deleting your account. First login to facebook, then go to that link.

https://www.facebook.com/help/delete_account

It's very difficult to find. The deactivate account option is easy to find, but doesn't delete all your data.

And honestly, I'm doubtful even deleting your account would actually make them delete data about you. They've got it, it's their data already.

Neither deleting or deactivating your account forces apps you installed to delete any data they squired from your account. You have send a request to each app developer for that.

All those bitcoiners who claimed stellars from the snapshot last year had to install a stellar facebook app to claim. The stellar app developer is probably holding more of their data than they realize.

A very good and relevant example for this community.

[Globb0]

Why is everyone always blaming the welsh for pump and dumps?

[infofront]

With the Bitcoin mempool nearly empty and 1 sat/B transactions clearing in minutes, you guys can go rightly fk off for good. Seriously. Don't even try to raise that argument here ever, EVER again. Piss off.

Tough titties, bucko. Your impotent rant hath no power here. I'll raise the argument whenever I want.

Quite dismayingly, the Bitcoin transaction rate seems to be suffering a lack of interest. It has been chopped in half since the heady days of $20K Bitcoin.

https://blockchain.info/charts/n-transactions

Are there 200,000 transactions on LN between the paltry 1000 or so nodes to make up for it? I admit I have been unable to find any statistics, but it seems rather unlikely.

A peer-to-peer system that is seeing declining use is nothing to celebrate.

...furthermore, number or transactions is now irrelevant for bitcoin. Number of outputs is now the primary usage indicator.

[Syke]

SPAM

Go away.

[ssmc2]

https://techcrunch.com/2018/03/28/chia-vs-bitcoin/

Cha cha cha chia

Wtf

[Ivor Biggun]

Here's how much information google and facebook store about you.

This is the link you use for deleting your account. First login to facebook, then go to that link.

https://www.facebook.com/help/delete_account

It's very difficult to find. The deactivate account option is easy to find, but doesn't delete all your data.

And honestly, I'm doubtful even deleting your account would actually make them delete data about you. They've got it, it's their data already.

Even after deleting your account facebook admits it still retains some data, but claims it "disassociates it from your personal identifiers". However if you don't delete your account it will retain all your data for certain. Also, the amount of gov pressure facebook is under might eventually force it to delete any data remaining from deleted accounts.

[Spaceman_Spiff_Original]

You do realize that as soon as there is an increased demand for transactions again, fees will go through the roof again, right?

So you are saying that we need to architect for speculative, pump-and-dump throughput that happens over a few month period every 2-3 years? It literally sounds like you are saying that. That was never the use case nor the purpose of Bitcoin.

Maybe you should get your head out of your ass so you can better hear what I am saying instead of making up your own shit.

Anybody that has run the numbers knows that the current network cannot even remotely handle global transactional demand.
The amount of people using bitcoin worldwide is still quite tiny.  I would hope that it is our goal to increase our userbase and thus the amount of places and people that accept your bitcoins.

[bitcoinPsycho]

Here's how much information google and facebook store about you.

This is the link you use for deleting your account. First login to facebook, then go to that link.

https://www.facebook.com/help/delete_account

It's very difficult to find. The deactivate account option is easy to find, but doesn't delete all your data.

And honestly, I'm doubtful even deleting your account would actually make them delete data about you. They've got it, it's their data already.

Neither deleting or deactivating your account forces apps you installed to delete any data they squired from your account. You have send a request to each app developer for that.

All those bitcoiners who claimed stellars from the snapshot last year had to install a stellar facebook app to claim. The stellar app developer is probably holding more of their data than they realize.

A very good and relevant example for this community.

once it's on the Web GCHQ and the NSA have it all stored your fucked