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

[HairyMaclairy]

A handmaid's tale is fucking feminist circle jerk and the dumbest shit ever. Like companies would lose profits to fire women. Free market keeps that shit from happening.

https://en.m.wikipedia.org/wiki/Marriage_bar

Just sayin...

[1714250615]

1714250615

[1714250615]

1714250615

[Biodom]

All things considered, I vote to replace " A handmaid's tale" with a "Canticle for Leibowitz", but all excellent choices to illustrate a point.
Which one?

A scorpion asks a frog to carry it across a river.
The frog hesitates, afraid of being stung by the scorpion, but the scorpion argues that if it did that, they would both drown.
The frog considers this argument sensible and agrees to transport the scorpion.
The scorpion climbs onto the frog's back and the frog begins to swim, but midway across the river, the scorpion stings the frog, dooming them both.
The dying frog asks the scorpion why did it do it [stung the frog], to which the scorpion replies "I couldn't help it. It's in my nature."

[HairyMaclairy]

The next 4 hours are critical  - we stand ready to break through the final bearline.

If you disregard the froth of the 20K top you can draw all kinds of resistance between 46 and 4850

I don’t want to live in a world where we never went to $20k

[JayJuanGee]

The next 4 hours are critical  - we stand ready to break through the final bearline.

If you disregard the froth of the 20K top you can draw all kinds of resistance between 46 and 4850

I don’t want to live in a world where we never went to $20k

Exactamente!!!!

That ship has sailed

like water under the bridge

 toothpaste out of the tube

 a cat out of the bag

spilt milk

and

a genie out of the bottle

There are probably more similar expressions, but I cannot think of anymore off the top of my head.

[jojo69]

thar she blows

[HairyMaclairy]

Boo yah !

[Toxic2040]

The next 4 hours are critical  - we stand ready to break through the final bearline.

If you disregard the froth of the 20K top you can draw all kinds of resistance between 46 and 4850

I don’t want to live in a world where we never went to $20k

Almost there....now what? I keep waiting for the earth to shake or there be some other sign..then I remember its just a line of pixels on my screen.


Frothless.

[Paashaas]

People still drinking milk?

It was made to grow babies not for adults.

[Toxic2040]

All things considered, I vote to replace " A handmaid's tale" with a "Canticle for Leibowitz", but all excellent choices to illustrate a point.
Which one?

A scorpion asks a frog to carry it across a river.
The frog hesitates, afraid of being stung by the scorpion, but the scorpion argues that if it did that, they would both drown.
The frog considers this argument sensible and agrees to transport the scorpion.
The scorpion climbs onto the frog's back and the frog begins to swim, but midway across the river, the scorpion stings the frog, dooming them both.
The dying frog asks the scorpion why did it do it [stung the frog], to which the scorpion replies "I couldn't help it. It's in my nature."

Anything that makes you think is good in my book. I do think the above is perhaps my favorite parable of all time. Simplistic at first glance, I enjoy the rabbit hole it can take you down.

+1 WOsMerit

[Biodom]

A premise: you wake up one day, and nobody knows anything about bitcoin (or any other crypto)...cypherpunk does exist, just no bitcoin..you, however, know as much as you know now.
Similar to "Yesterday" [the movie] premise, which is that all "Beatles" info got somehow erased from the mankind's collective memory with the exception of the main character (I am sure that there might be a twist in the end, though).
https://www.youtube.com/watch?v=6uqvgPm8U4c

I know that this is impossible, but what would you do?
Is someone here with a knowledge to reconstruct Satoshi's paper?
I am simply curious since I know the general outline, but probably wouldn't be able to properly formulate it.

[Ibian]

^Anyone have a tl;dr for those books?  

You need to read them.

As in, you need to read them. Gives a clearer view of how the clown world we live in work. (start with 1984 and brave new world)

[Ibian]

A feminist circle jerk sounds hot.

You forget one thing. Quality control.

[Icygreen]

People still drinking milk?

It was made to grow babies not for adults.

Is this better?
https://www.youtube.com/watch?v=VMlpmqKGwZE

[HairyMaclairy]

A premise: you wake up one day, and nobody knows anything about bitcoin (or any other crypto)...cypherpunk does exist, just no bitcoin..you, however, know as much as you know now.
Similar to "Yesterday" [the movie] premise, which is that all "Beatles" info got somehow erased from the mankind's collective memory with the exception of the main character (I am sure that there might be a twist in the end, though).
https://www.youtube.com/watch?v=6uqvgPm8U4c

I know that this is impossible, but what would you do?
Is someone here with a knowledge to reconstruct Satoshi's paper?
I am simply curious since I know the general outline, but probably wouldn't be able to properly formulate it.

I think we would have enough to go on (without looking at the paper):

• SHA 256 / Hashing
• Proof of work
• Difficulty retargeting
• 21 million cap, 100 million sats, halving every 4 years
• Miners to bundle transactions from mem pool, blocksize cap
• Blockchain / timechain / merkle trees
• Public key / private key addresses, sign to send
• validate UTXOs as unspent

One thing I don’t understand is how Bitcoin achieves consensus on time

[Ibian]

A handmaid's tale is fucking feminist circle jerk and the dumbest shit ever. Like companies would lose profits to fire women. Free market keeps that shit from happening.

https://en.m.wikipedia.org/wiki/Marriage_bar

Just sayin...

"The practice lacked an economic justification, except for during times of economic-downturn,".

Which is to say, it was economically justified.

Which is irrelevant. The main point is that small children need their mother 24/7 during their earliest years. If they are not with them for more than 20 hours per week, their psychological development becomes damaged. It has the same effect as if they are abandoned entirely.

[JSRAW]

People still drinking milk?

It was made to grow babies not for adults.

Is this better?
https://www.youtube.com/watch?v=VMlpmqKGwZE

I used to do that whenever I went to my village as a kid. I was one of the fav kid among our cows, but one day some calf got jealous, they ganged up on me and beat the shit out of me,  True story.

[mindrust]

I fully realized my RVN profits.   It means I took no prisoners. In other means, dumped em all. It was going parabolic. Couldn't resist. 1630sats was a very good price.

As of today, without any Altcoin bullshit I am above pure 5BTC.

This is the first time I made an altcoin investment and cashed out without fucking it up. I hope I don't get addicted.

[600watt]

I fully realized my RVN profits.   It means I took no prisoners. In other means, dumped em all. It was going parabolic. Couldn't resist. 1630sats was a very good price.

As of today, without any Altcoin bullshit I am above pure 5BTC.

This is the first time I made an altcoin investment and cashed out without fucking it up.

congrats & well deserved.

I still think that investing in alts to "gain moar btc" is like sheep investing in slaughterhouses to gain more wool.


“All for one and one for all, united we stand divided we fall.”

[mirakal]

Voting poll is early this time.

Voted already, $6,000 over, here we go.

[Toxic2040]

A premise: you wake up one day, and nobody knows anything about bitcoin (or any other crypto)...cypherpunk does exist, just no bitcoin..you, however, know as much as you know now.
Similar to "Yesterday" [the movie] premise, which is that all "Beatles" info got somehow erased from the mankind's collective memory with the exception of the main character (I am sure that there might be a twist in the end, though).
https://www.youtube.com/watch?v=6uqvgPm8U4c

I know that this is impossible, but what would you do?
Is someone here with a knowledge to reconstruct Satoshi's paper?
I am simply curious since I know the general outline, but probably wouldn't be able to properly formulate it.

In my opinion, yes to state it simply. The problem increases trying to determine if the butterfly would flap its wings in exactly the same fashion to achieve a outcome we are all familiar with. Once you have the concept of proof of work the rest is fairly trivial. Its important to understand that since v0.3.9 Satoshi has not been involved at all in the development of what we now call Bitcoin-Core. Imho it was not a seminal piece of code writing to be completely honest. I mean ffs he wrote it in C and for windows. Currently v0.17.1 is almost a totally different beast compared to the original qt versions. Leaned down and most of the kludge scooped out and streamlined with better extensions.

I think we would have enough to go on (without looking at the paper):

• Proof of work
• Difficulty retargeting
• 21 million cap, 100 million sats, halving every 4 years
• Miners to bundle transactions from mem pool, blocksize cap
• Blockchain / timechain / merkle trees
• Public key / private key addresses, sign to send
• validate UTXOs as unspent

One thing I don’t understand is how Bitcoin achieves consensus on time

Not sure I understand your question and it appears you answered yourself. The difficulty adjustment is hard coded into bitcoin. Every 14 day or so(every 2,016 blocks generated)difficulty is adjusted so blocks are produced every 10 minutes. In more technical terms..a new nonce is generated by hashing the block of previous transactions and old nonce together. The number that creates is smaller than the current difficulty target of the network. Miners employing proof of work search for this number until they find it and this in turn creates a new block that is added to the chain. Rinse and repeat.

If you mean actual communication between nodes on the network and the propagation of data that is horse of another color and probably better left to someone who understands networks better than me.