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

[Globb0]

[1714113269]

1714113269

[1714113269]

1714113269

[infofront]

This seems about right. Everybody and his brother has been bearish lately. Maybe we're in for another leg down soon, but shorts need to get rekt first.

[infofront]

I am an unapologetic big blocker. I am neither fraudster nor scammer. IOW, Go Fuck Yourself.

That's "...Go Fuck Yourself. #nohomo"

Jeeze, get with the program.

That's cute and all -- and I hesitate to call you out specifically -- but this merely demonstrates what a nattering echo chamber full of cross-congratulatory baboon shriek this formerly-important thread has devolved into.

People have been "talking their books" long before this thread came about. That accounts for a sizeable part of the big block hatred, I reckon.

[nutildah]

I am an unapologetic big blocker. I am neither fraudster nor scammer. IOW, Go Fuck Yourself.

You are in bed with CSW.  

That is exactly equivalent to a claim that you are in bed with Amir Taaki, Mark Karpeles, and any number of other salacious characters.

No, its not. CSW and Roger Ver are leaders of the big block movement. Amir Taaki (not a salacious character btw) and Mark Karpeles are not leaders of anything.

Indeed I have. All either statements of truth, reasoned future projections based upon solid facts, or reasonable opinions supported by rational point of view.

That's the problem: things you find to be reasonable and rational rarely are to others. It might come as a surprise to you but the problem isn't them. If you were right (about anything, really) your two favorite altcoins wouldn't have suffered such drastic declines as compared to bitcoin.

That's cute and all -- and I hesitate to call you out specifically -- but this merely demonstrates what a nattering echo chamber full of cross-congratulatory baboon shriek this formerly-important thread has devolved into.

You don't have to be here.

[Patel]

I have a strong feeling the Bitwise ETF is gonna be approved before Sunday

[Dabs]

The reasonable opinions are fine. The rational point of view is fine. It does seem to me (and I'm not the only one) that there is a great deal of bias.

As mathematicians put it, numbers don't like. The price is the price. 1 BCH = 1 BCH and 1 BSV = 1 BSV. They are already valued by the market accordingly.

Big blocks is not as simple as just increase the block size. One can argue that because of SegWit, the effective block size has increased as you can stuff in more transactions in the same amount of blockspace.

As for security, it's out there already. There are native bech32 segwit addresses containing more than 350k BTC. That should be more than enough incentive for anyone to attempt spending them out of a perceived flaw in the system.

"In it for the tech, not the money." used to be true 10 years ago. It could be true for some people today, but there's always that little voice in your head where you do want to take profits one way or another.

[LFC_Bitcoin]

I have a strong feeling the Bitwise ETF is gonna be approved before Sunday

I want to believe this but I don’t think so. The SEC seem totally disinterested in anything close to approving an ETF.

I guess the above is true.....until they do approve one.

[goldkingcoiner]

Looks like we might see some action to $8719.55 if we break $8487.35

You were saying?

MicGoossens used his gourmet dinner money to throw me off by $4.05 .

[Raja_MBZ]

Wow... still no Vegeta meme today so far.

[jbreher]

If you guys / management dislikes this Whalecalls stuff, please let me know and I'll cease.

We likes, Bawb. We likes.

[rdbase]

Wow... still no Vegeta meme today so far.

I think they are being saved when closer to $9000.
Observing at $8669 but bouncing around like a cat right now.

I have a strong feeling the Bitwise ETF is gonna be approved before Sunday

I want to believe this but I don’t think so. The SEC seem totally disinterested in anything close to approving an ETF.

I guess the above is true.....until they do approve one.

Something is going to happen and yes etf decision will be monday.
Sunday night for those in east south asia.

[txtrav]

perhaps a leg up in advance of a  good Bitcoin  ETF decision from SEC this week, due by Friday for Bitwise?  Wouldn't get our hopes up but they feel they are closer than ever...

ETF decision is due by  Oct 13th, which is a Sunday - so  I'd expect it by Friday 11th as last business day available.

[jbreher]

I am an unapologetic big blocker. I am neither fraudster nor scammer. IOW, Go Fuck Yourself.

You are in bed with CSW.  

That is exactly equivalent to a claim that you are in bed with Amir Taaki, Mark Karpeles, and any number of other salacious characters.

No, its not. CSW and Roger Ver are leaders of the big block movement. Amir Taaki (not a salacious character btw) and Mark Karpeles are not leaders of anything.

Roger Ver is unarguably one of the most important figures in the entire history of Bitcoin. Taaki* and Karpeles were each indisputably leaders in their time. Leadership is transitory, and irrelevant when discussing the inherent properties of a protocol.

* the salaciousness of Taaki is predicated on each individuals' view of Taaki's actions.

Indeed I have. All either statements of truth, reasoned future projections based upon solid facts, or reasonable opinions supported by rational point of view.

That's the problem: things you find to be reasonable and rational rarely are to others. It might come as a surprise to you but the problem isn't them. If you were right (about anything, really) your two favorite altcoins wouldn't have suffered such drastic declines as compared to bitcoin.

Let's revisit this paragraph in the immediate aftermath of Blockalypse II.

[Patel]

I have a strong feeling the Bitwise ETF is gonna be approved before Sunday

I want to believe this but I don’t think so. The SEC seem totally disinterested in anything close to approving an ETF.

I guess the above is true.....until they do approve one.

If they don't, it's gonna have to be a on a new rejection basis compared to their previous rejections, which by the looks of it, Bitwise has satisfied those concerns. Then it really is a moving goalpost. But I don't think that will happen. We already have regulated spot, regulated options/futures, and a Bitcoin ETF wouldn't be that risky anymore.

Let's see how it plays out

[hv_]

I am an unapologetic big blocker. I am neither fraudster nor scammer. IOW, Go Fuck Yourself.

You are in bed with CSW.  

That is exactly equivalent to a claim that you are in bed with Amir Taaki, Mark Karpeles, and any number of other salacious characters.

No, its not. CSW and Roger Ver are leaders of the big block movement. Amir Taaki (not a salacious character btw) and Mark Karpeles are not leaders of anything.

Roger Ver is unarguably one of the most important figures in the entire history of Bitcoin. Taaki* and Karpeles were each indisputably leaders in their time. Leadership is transitory, and irrelevant when discussing the inherent properties of a protocol.

* the salaciousness of Taaki is predicated on each individuals' view of Taaki's actions.

Indeed I have. All either statements of truth, reasoned future projections based upon solid facts, or reasonable opinions supported by rational point of view.

That's the problem: things you find to be reasonable and rational rarely are to others. It might come as a surprise to you but the problem isn't them. If you were right (about anything, really) your two favorite altcoins wouldn't have suffered such drastic declines as compared to bitcoin.

Let's revisit this paragraph in the immediate aftermath of Blockalypse II.

IMO small blockers just don't have much capacity for such a revision. Don't expect too much

 

[Last of the V8s]

ooh congrats hv_ hero member notbad.

[nutildah]

Roger Ver is unarguably one of the most important figures in the entire history of Bitcoin.

Whatever Ver did in the past for bitcoin has been far overshadowed by the negative he's done for it since.

Leadership is transitory, and irrelevant when discussing the inherent properties of a protocol

This point, while true, has nothing to do with anything.

That's the problem: things you find to be reasonable and rational rarely are to others. It might come as a surprise to you but the problem isn't them. If you were right (about anything, really) your two favorite altcoins wouldn't have suffered such drastic declines as compared to bitcoin.

Let's revisit this paragraph in the immediate aftermath of Blockalypse II.

Seeing as how there never was a Blockalypse that's not likely to ever happen. We'll revisit it when BCH approaches 1/10th the price of BTC.

And as far as BSV is concerned, well let's not. Its been proven an outright scam by this point and there's nothing left to be said.

[Elwar]

I'm just glad I sold all of my bitcoin and bought all rights to the Vegeta 9000 meme.

[Icygreen]

 EDIT: ^ sue me 

[g-uid]

Agreed. Raise MAX_BLOCK_SIZE!!1!1!!!

Alright, m8.  Got you covered.  It's called physical silver, gold, and copper.  Block size is infinite, tokens are fungible, and it even has pruning, which noobs in Bitcoin couldn't get to work.

R0ach, curious to know what your thoughts are on the upcoming Taproot/Schnorr soft fork and it's application to Bitcoin fungibility.