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

[Last of the V8s]

everybody must

no

no look apart from that, you're starting with the assumptions that worldwide adoption is desirable and that bitcoin should be adapted to average people.

[1714029320]

1714029320

[1714029320]

1714029320

[MERlT]

What would really drive worldwide adoption?

Biometric scans and mobile devices, maybe?
This means everybody must have a smartphone or device that is able to process QR codes and do OCR (scan bitcoin addresses), which is additionally offering a retina-scan camera, fingerprint sensor, saliva-analyzer or similar, to make sure that only the owner of the device can access the private key, decrypt the seed, handle transactions (and so on).

As cool and clever BTC might be, as hard and risky it is to use for average joe. He wants to flick an rfid card, maybe enter a short pin code, but that's it. Everything more inconvenient will scare him off, and average jane even more. Simple interfaces using secure backend solutions.

Don't call me names, i'm just brainstorming.
Who wants to join?

Brainstorming has a simple rule: No criticism allowed.
Instead of "You can't do X, because Y..." it's "To achieve X, you need to realize Y first, (which is dependent on A,B,C...)"
It's strictly constructive.

Anybody in?

EDIT: Maybe there's an existing thread, please point me to it if you know. If not and this starts to get somewhere, i'd start a new thread and ask the mod to move over existing comments.

Sounds like a good idea!

[Last of the V8s]

https://castleisland.libsyn.com/dan-matuszewski-cms-holdings-ep22

Dan Matuszewski, Principal and Co-Founder of CMS Holdings joins the pod this week to discuss a range of topics. Dan was previously the Head of Circle Trade, one of the largest OTC desks in the cryptoasset industry. In this episode we discuss:

- The secretive origins of Circle

- Why banking was a big hindrance for early crypto companies

- The genesis of Circle Trade and their relationship with Poloniex

- Whether there is a market for 'virgin' coins

- The nature of Tether and how it is used

- The emergence of crypto volatility products

https://twitter.com/liujackc/status/1201660267932766209?s=20
https://www.theblockcrypto.com/post/48857/former-head-of-circle-otc-says-theres-more-to-the-tether-narrative

There, now I get my 30 shekels from finex and everyone's happy.

[Dabs]

Currently credit and debit cards have this tap function for small amounts and once that is exceeded it will ask for a pin code, usually 4 digits, and you can pay for a lot of many other things. I think some have tried connecting these cards to bitcoin based accounts, but they keep getting closed down for reasons.

[LUCKMCFLY]

Many are prepared, that's why Hodl!

Past perfomance are not suggestions for the future but , are you ready if this happens?

Source: https://twitter.com/BallRuner/status/1201968470302302213

[OROBTC]

Innovation in BTC

Relatively new initiatives and show a more complete picture of Bitcoin stack technology.

Users when using Lightning can make transactions privately on the use of additional techniques and network layers, such as Tor, from here the percentage of private use of the lightning network can be estimated by analyzing the number of channel opening transactions in the chain compared to the number of public channels outside the chain.


Source: https://medium.com/@LucasNuzzi/a-look-at-innovation-in-bitcoins-technology-stack-7edf877eab14

Very interesting chart on innovations of Bitcoin.  I hope to see many of these adopted as well as articles on how to use them.

BTC still needs a lot of work to become more secure, private and easy to use (yeah, I know some of those contradict to some degree).  Still, ease of use will help both merchants and consumers consider using BTC.  I am here in another country which has very, very little BTC usage, but is has grown since we were here some eight months ago.

[Last of the V8s]

https://twitter.com/michaelmalice/status/1201559128793059328?s=20

[realr0ach]

JayJuanGee, building a wall is not a discretionary budget item, it's a lifestyle.

[bitserve]

https://twitter.com/michaelmalice/status/1201559128793059328?s=20

Well said. This angryeta thing won't end well...

Btw, why can't I find any reference (in english) to the "scandal" over the hyper expensive refined wood and LEATHER designer chair at their home?

Anyway, here it is in spanish: https://www.elmundo.es/f5/comparte/2019/12/03/5de636f521efa070288b4615.html

The irony and hypocrisy is very strong on that one.

P.S.:

[JayJuanGee]

I like the look of that graph, yet I am wondering whether it is behind a paywall or within an application?

In other words, I was trying to find a way to quickly link to such graph on a live basis - presumably through the https://coinmetrics.io/cm-network-data-pro/ website.. or maybe somewhere else?    Anyone?

[realr0ach]

Well said. This angryeta thing won't end well...

Greta the gremlin's parents are actors.  The daughter is a down syndrome actor.  Most Jewish puppets posing as US representatives are also grade Z actors like AOC.  After the whole Jew world order thing implodes and the evil cult of Judaism is expelled from every nation on earth, I wouldn't be surprised if people just start randomly hanging actors too for all the lies and bullshit they've caused.

[Last of the V8s]

That's crazy she could nearly get a whole coin for that chair, and help save the planet by hodling.

[OROBTC]

...

JJG

Makes me wonder what the (approx.) number of lost BTC there are out there...  And I presume BTC will occasionally get lost as (we) boomers die off w/out telling anyone where we have them?  

Smart HODL-ers may want to tell someone they trust how to get any HEDL BTC upon their deaths.  Is there already a thread for this?



realr0ach

"Good fences make good neighbors."  Been true for a long, long time.



V8s & bitserve

"Meme Greta" seems to be dying a quick death.  Too embarrassing for the Warmers?  Good riddance.

[JayJuanGee]

Starting to see another "Fun with Fractals" pattern forming. If it plays out, expect some boring price movements for a couple of weeks as well as a re-test of $6,600.



Perfect accumulation time imo

Did you see the fractal for 2020 though?

9.5k in February then I'll let you check what happens after that (NebraskanGooner posted it on Twitter). But of course if the 9.5k price is achieved it would be perfect time to accumulate at 6.5k!

Hopefully, you are not going to get hurt too badly by having so many specific expectations regarding bitcoin's price dynamics course over the coming years.  Not that you matter anyhow since you are probably not even trading on your own nonsense besides making outlandish bets that you have no intention on paying when you are quite likely shown to be wrong.  I would imagine that the vast majority of normal bitcoin HODLers, accumulators and buyers are not going to be moved one iota (not the coin) by your assertions, but there could be a few that are innocently dumb enough to believe your baloney.

[bitserve]

That's crazy she could nearly get a whole coin for that chair, and help save the planet by hodling.

Two coins... the other chair is also another designer leather chair. Not to mention the trees needed to obtain that perfectly refined wood and the animals killed/tortured to obtain their fur.

All pretty coherent yeah.

#fuckangryeta #gomindyourowngarden

[fillippone]

https://twitter.com/michaelmalice/status/1201559128793059328?s=20

Well said. This angryeta thing won't end well...

Btw, why can't I find any reference (in english) to the "scandal" over the hyper expensive refined wood and LEATHER designer chair at their home?

Anyway, here it is in spanish: https://www.elmundo.es/f5/comparte/2019/12/03/5de636f521efa070288b4615.html

The irony and hypocrisy is very strong on that one.

P.S.:

Straight from GS Elevator

https://www.instagram.com/p/B5nS2hFg1lY/

Struggling to understand why caption are in Italian thou...

https://twitter.com/gselevator/status/1201880916643241991

[jojo69]

Thanks to everyone who participated! If you voted in this event, you received 1 merit; if your caption appeared in the first table above, you also received 10, and if your caption appeared only in the second table above, you also received 2.

so that's where those 11 merits came from...huh

[Globb0]

[jojo69]

dude can you do your account farming somewhere else please?
we're busy here

They have, literally, the rest of the entire forum for that shit.

thanks for the cleanup, I see the thread shortened a bit.

[fillippone]

I like the look of that graph, yet I am wondering whether it is behind a paywall or within an application?

In other words, I was trying to find a way to quickly link to such graph on a live basis - presumably through the https://coinmetrics.io/cm-network-data-pro/ website.. or maybe somewhere else?    Anyone?

There is a very similar graph I used in my monthly commentaries: HodlWaves

The colored bands show the relative fraction of Bitcoin in existence that was last transacted within the time window indicated in the legend. The bottom, warmer colors (reds, oranges) represent Bitcoin transacting very recently while the top, cooler colors (greens, blues) represent Bitcoin that hasn’t transacted in a long time. Bitcoin’s money supply grew from 50 BTC to ~17M BTC over this time period, so the chart has been normalized by the BTC in existence at each date (left y-axis). The black line shows the USD/BTC price (logarithmically, right y-axis). Chart lovingly made by Nelson Morrow based on prior work by @jratcliff [Direct Link]