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

[buyandhold]

https://medium.com/@nic__carter/visions-of-bitcoin-4b7b7cbcd24c
How major Bitcoin narratives changed over time

Coming soon will be bitcoin as capital flight mechanism.

[1714236602]

1714236602

[infofront]

Haha, digged old stuff out - still good and correct.

Small blocks was dictated by the 'best' software devs and a fiat based blockstream, blocking on chain stream.

Bitcoin business devs moved on, since on-chain scaling is provenly possible in the global money world.

Sure, not with Raspis, censure and social engineering, but with decent tech and investment like minres already achieved over last years.

Do you have a BIP?  Or are you merely suggesting that folks here migrate over to bcash, since bcash is surely superior to bitcoin with its segwit and lightning network and other second layer scaling, right?

KISS is king.

Complexity will die or never take off.

I agree completely. I mean look at computers, the internet, and automobiles. They're so complex that they'll never take off.

That's why we're still using the abacus, 2 tin cans on a string, and horses with carriages. KISS is king.

[HairyMaclairy]

New Bcash lol fork is called “Bitcoin Core” and will move from 10 minute, 8 mb blocks to 1 minutes, 8 mb blocks.

This represents a drastic increase in performance for Bcash lol, with confirmations in 60 seconds.  That’s a 10x increase in capacity over Bcash lol.  

I strongly encourage all big block lovers to move to Bitcoin Core, because it follows Roger Ver’s original vision.

https://twitter.com/clashicly/status/1022904910994698240

[HairyMaclairy]

[Gyrsur]

New Bcash lol fork is called “Bitcoin Core” and will move from 10 minute, 8 mb blocks to 1 minutes, 8 mb blocks.

This represents a drastic increase in performance for Bcash lol, with confirmations in 60 seconds.  That’s a 10x increase in capacity over Bcash lol.  

I strongly encourage all big block lovers to move to Bitcoin Core, because it follows Roger Ver’s original vision.

https://twitter.com/clashicly/status/1022904910994698240

what does this bs mean?

https://github.com/bitcoin-cored/bitcoin-cored/releases

EDIT: true BitCoin just here --> https://github.com/bitcoin

[jonoiv]

New Bcash lol fork is called “Bitcoin Core” and will move from 10 minute, 8 mb blocks to 1 minutes, 8 mb blocks.

This represents a drastic increase in performance for Bcash lol, with confirmations in 60 seconds.  That’s a 10x increase in capacity over Bcash lol.  

I strongly encourage all big block lovers to move to Bitcoin Core, because it follows Roger Ver’s original vision.

https://twitter.com/clashicly/status/1022904910994698240

BTCC, I keep googling it just to find the british touring car championship.

[ThePunisher49X]

https://youtu.be/DMonlRsJ5hY
McCluckin' it!

[El duderino_]

Going for the intermediate top in 4-6 days. After that, we will see whether it is (i) a 2013 recovery after a small downturn or - more severe - a retesting of the $5,8xx barrier, or (ii) a real bear market with testing and break of the $5,8xx barrier.

But perhaps there are takers for the scenario of shooting up to $10k in this runup 

Let iT be recovery Thats always fine 

[gembitz]

I just came across this thread and recent analysis by most traders conclude that btc will explode in coming weeks, i hope you guys have seen 60-65k usd analysis, what are your thoughts can btc reach that milestone?

"Can BTC reach 60-65k" was never a question. Certainly it will sometime in not so distant future. Will it reach it in coming weeks? Easily 99.99% it will not, far too soon.

we already decided BTCBTC it's going up on to 100K-200K just like /\brk.a weeee

[Syke]

Well, that drop is just down-right rude.

Sheeit.

https://i.imgur.com/rb1HcUA.jpg

hehe, and it's right back to where it was. That's gotta hurt.

[tvbcof]

https://medium.com/@nic__carter/visions-of-bitcoin-4b7b7cbcd24c
How major Bitcoin narratives changed over time

Coming soon will be bitcoin as capital flight mechanism.

I know for a fact that 'uncorrelated financial asset' was in play before it shows up on the chart.

In 2008 things were very close to locking up, and one of the cause/effect feedback loops were that 'letters of credit' upon which much of the global commerce system operates were about to fail.  Should that happen today, Bitcoin (or more generally crypto-currency) could rapidly take over in that role.  I would guess that values could go insane under such a scenario.  Of course crypto would be attacked mercilessly by some, but some of the would-be attackers would also be heavy users.  Not clear how things would play out, but it could be a spectacular fireworks show.

[HI-TEC99]

Well, that drop is just down-right rude.

Sheeit.

https://i.imgur.com/rb1HcUA.jpg

hehe, and it's right back to where it was. That's gotta hurt.

That's twice in a week that's happened. The recovery from the dip after the winks ETF was rejected took slightly longer, but it was still fast.

[Hueristic]

https://medium.com/@nic__carter/visions-of-bitcoin-4b7b7cbcd24c
How major Bitcoin narratives changed over time

Coming soon will be bitcoin as capital flight mechanism.

ETF BlueChip on the horizon.

I agree completely. I mean look at computers, the internet, and automobiles. They're so complex that they'll never take off.

That's why we're still using the abacus, 2 tin cans on a string, and horses with carriages. KISS is king.

I was literally going to post a jpg of a wagon wheel to this last night but was to tired to bother. lol


Pure Gold

BREAKING NEWS - NEWS - NEWS - NEWS - NEWS

We removed Bitcore BTX because it SUCKS.


...

[HairyMaclairy]

Bcash lol teetering on the precipice.  Currently 0.1004 BTC

[HairyMaclairy]

New downward trendline forming - overview



Detail of new downward trendline.  Open question what happens when trendline and EMA collide.  However it is a bit bullish that the price is closely hugging the trendline.

[hv_]

Haha, digged old stuff out - still good and correct.

Small blocks was dictated by the 'best' software devs and a fiat based blockstream, blocking on chain stream.

Bitcoin business devs moved on, since on-chain scaling is provenly possible in the global money world.

Sure, not with Raspis, censure and social engineering, but with decent tech and investment like minres already achieved over last years.

Do you have a BIP?  Or are you merely suggesting that folks here migrate over to bcash, since bcash is surely superior to bitcoin with its segwit and lightning network and other second layer scaling, right?

KISS is king.

Complexity will die or never take off.

I agree completely. I mean look at computers, the internet, and automobiles. They're so complex that they'll never take off.

That's why we're still using the abacus, 2 tin cans on a string, and horses with carriages. KISS is king.

We talk about unneeded over-engineering - that's all.

If a road is getting too small and you have space left at its sides, you simply create more lanes - not complex bridges or tunnels and crosses ! (and charge for ppl need to use the safer road)  - esp if all the shops and merchants are already built next to that road.

 

[HairyMaclairy]

We talk about unneeded over-engineering - that's all.

If a road is getting too small and you have space left at its sides, you simply create more lanes - not complex bridges or tunnels and crosses ! (and charge for ppl need to use the safer road)  - esp if all the shops and merchants are already built next to that road.

 

Hey HV?  Have you checked out the new Bitcoin Core fork of BCH?  There is an 8mb block every 60 seconds!  Thats 10x throughput and 10x confirmation speed?  Are you switching today?  As a big block lover, you will find it absolutely fabulous https://thebitcoincore.org/

[HairyMaclairy]

It’s Jihan Wu’s original vision. That’s all you need to know.

[buyandhold]

Mr micgoosens has become a thot leader https://bitcointalk.org/index.php?topic=4775758.0
Kim Kardashian promoting Bitcoin on instagram. During Poker Game.

[buyandhold]

https://medium.com/@nic__carter/visions-of-bitcoin-4b7b7cbcd24c
How major Bitcoin narratives changed over time

Coming soon will be bitcoin as capital flight mechanism.

ETF BlueChip on the horizon.

Good one; thanks.

I know for a fact that 'uncorrelated financial asset' was in play before it shows up on the chart.

In 2008 things were very close to locking up, and one of the cause/effect feedback loops were that 'letters of credit' upon which much of the global commerce system operates were about to fail.  Should that happen today, Bitcoin (or more generally crypto-currency) could rapidly take over in that role.  I would guess that values could go insane under such a scenario.  Of course crypto would be attacked mercilessly by some, but some of the would-be attackers would also be heavy users.  Not clear how things would play out, but it could be a spectacular fireworks show.

Intriguing commentary tyvm. There's something here for me also about generational knowledge.