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

[Paashaas]

Schnorr and Taproot Upgrade Proposal Merged Into Bitcoin Core.

The implementation of the Schnorr/Taproot consensus rules has been merged into Bitcoin Core. However, the upgrade's activation method has yet to be determined.

The pull request was originally created by Bitcoin Core contributor Pieter Wuille on September 13th and has gone through extensive review and testing over the past month. Over 150 developers also participated in a 7-week review club for the proposal which was led by Anthony Towns back in November of 2019.

This upgrade has been highly anticipated due to its potential to increase Bitcoin’s smart contract capabilities while simultaneously benefiting its transactional privacy.

[Karartma1]

Schnorr and Taproot Upgrade Proposal Merged Into Bitcoin Core.

The implementation of the Schnorr/Taproot consensus rules has been merged into Bitcoin Core. However, the upgrade's activation method has yet to be determined.

The pull request was originally created by Bitcoin Core contributor Pieter Wuille on September 13th and has gone through extensive review and testing over the past month. Over 150 developers also participated in a 7-week review club for the proposal which was led by Anthony Towns back in November of 2019.

This upgrade has been highly anticipated due to its potential to increase Bitcoin’s smart contract capabilities while simultaneously benefiting its transactional privacy.

God save us from any upgrade's activation method debate! I am not ready for a segwit, no2x, big block kind of drama now. We have other things to do. 

[onecall123]

Well..
That was a ride

Weird when you see it jump like a Mofo then it goes back to when you came in to the chart.
Then most disappointing feeling to say the least.

I'm in the same boat buddy! It's all clueless.... 

[cAPSLOCK]

re:dumpenings and silly bear domination gifs

No.

Its my belief that bitcoin is still at the beginning of a exponential s-curve adoption phase. I think selling only what is necessary at this point is probably a good idea for most.

Now is the time for accumulation. This is the way.

MSPAINT.exe Agrees with you 100%!

[yslyv]

Will PlanB's model keep working or not? Looks like he struggled so much to find out this S2F model that matching with bitcoin price. But acuracy is easy for such model till 2020 that price is max around 10 - 12k. But lets see if it will keep working fine and bitcoin will push till 100k usd next year   

[Paashaas]

Schnorr and Taproot Upgrade Proposal Merged Into Bitcoin Core.

The implementation of the Schnorr/Taproot consensus rules has been merged into Bitcoin Core. However, the upgrade's activation method has yet to be determined.

The pull request was originally created by Bitcoin Core contributor Pieter Wuille on September 13th and has gone through extensive review and testing over the past month. Over 150 developers also participated in a 7-week review club for the proposal which was led by Anthony Towns back in November of 2019.

This upgrade has been highly anticipated due to its potential to increase Bitcoin’s smart contract capabilities while simultaneously benefiting its transactional privacy.

God save us from any upgrade's activation method debate! I am not ready for a segwit, no2x, big block kind of drama now. We have other things to do. 

I don't see any form of resistance so it will be much easier to get consensus for this than segwit, expect activation to take some months ore even spring 2021.

https://en.bitcoin.it/wiki/Taproot_activation_proposals

[Krubster]

The MtGox Rehabilitation Trustee delayed the deadline for another 2 months.

October 15, 2020

To whom it may concern:

Rehabilitation Debtor: MTGOX Co., Ltd.
Rehabilitation Trustee: Nobuaki Kobayashi, Attorney-at-law

Announcement of Order to Change Submission Deadline for Rehabilitation Plan

The Rehabilitation Trustee is currently formulating the rehabilitation plan, but as there are matters that require closer examination with regard to the rehabilitation plan, it has become necessary to extend the submission deadline for the rehabilitation plan. In light of the foregoing, the Rehabilitation Trustee filed a motion to seek an extension of the submission deadline of the rehabilitation plan at the Tokyo District Court, and, on October 14, 2020, the Tokyo District Court issued an order to extend the submission deadline for the rehabilitation plan to December 15, 2020.

https://www.mtgox.com/img/pdf/20201015_announcement_en.pdf

It only got delayed 2 months this time. I'm cautiously optimistic.

[Toxic2040]

morning snap shots


#dyor


6h


12h


3D

#stronghands

[VB1001]

Bitcoin Optech Newsletter #119

This week’s newsletter relays a security warning for LND users, summarizes discussion about LN upfront payments, describes a mailing list thread about updating bech32 addresses for taproot, and links to an updated proposal for an alternative way to secure LN payments. Also included are our regular sections with summaries of a Bitcoin Core PR Review Club meeting, releases and release candidates, and notable changes to popular Bitcoin infrastructure software.

https://bitcoinops.org/en/newsletters/2020/10/14/

[BlackHatCoiner]

[yefi]

It only got delayed 2 months this time. I'm cautiously optimistic.

You wanna be cautiously pessimistic. Even if it does get submitted it's a moot point until the Coinlab claim is settled.

[cAPSLOCK]

Ima jus leave this here...

[Last of the V8s]

[Krubster]

It only got delayed 2 months this time. I'm cautiously optimistic.

You wanna be cautiously pessimistic. Even if it does get submitted it's a moot point until the Coinlab claim is settled.

Well, CoinLab and Peter Vessenes can go f*ck themself. Their claim is ridiculous and their attempt to rob the rest of us creditors is outrageous.

Me being slightly optimistic is because of the recent progress. For a very long time, I considered those coins lost. But now I think I might just see some of those coins one day.

I realize that even if the plan gets submitted it won't be the end of this, but at least it will be one step closer to the end.

[Biodom]

OT: an Altcoin rant...

Some poop, called Filecoin, is trading (FIL, first day) at $70, which with 2bil max coins means a projected market cap of 140bil.
Color me skeptical. Decentralized storage? Who gives a flying f-k?
Wall street went heavily 'inside" on that ICO (only accredited investors were allowed to participate, which is against the overall psyche of the "crypto" space anyway), various Winkelevi, Consensus, etc etc.

I will wait until it trades on Coinbase, then maybe even short it (if I can find where).
same story as COMP, they jerk it up, then 60-80% decline, me thinks
the market cap that is showing on coinmarketcap is BS as there were 200mil tokens released even at ICO, not to mention 2bil total.

Bitcoin is largely unaffected, but considering that some s-t got 14-140bil valuation for "nothing" make me sad for the market.
A scam for now.

[Toxic2040]

1h



4h

#stronghands

[Torque]

OT: an Altcoin rant...

Some poop, called Filecoin, is trading (FIL, first day) at $70, which with 2bil max coins means a projected market cap of 140bil.
Color me skeptical. Decentralized storage? Who gives a flying f-k?
Wall street went heavily 'inside" on that ICO (only accredited investors were allowed to participate, which is against the overall psyche of the "crypto" space anyway), various Winkelevi, Consensus, etc etc.

I will wait until it trades on Coinbase, then maybe even short it (if I can find where).
same story as COMP, they jerk it up, then 60-80% decline, me thinks
the market cap that is showing on coinmarketcap is BS as there were 200mil tokens released even at ICO, not to mention 2bil total.

Bitcoin is largely unaffected, but considering that some s-t got 14-140bil valuation for "nothing" make me sad for the market.
A scam for now.

Outside of them having any merit at all (which I highly doubt), this story is the same story as all the IPOs: There is no immaculate conception. The wealthy insiders get millions of units first at pennies per share, while the average Joe public has to wait to participate after the price has 10,000X skyrocketed pre-launch.

If you buy these shitcoins at all, even just to trade, you are only making the rich even richer.

Don't. do. it.

[jojo69]

[JayJuanGee]

Schnorr and Taproot Upgrade Proposal Merged Into Bitcoin Core.

The implementation of the Schnorr/Taproot consensus rules has been merged into Bitcoin Core. However, the upgrade's activation method has yet to be determined.

The pull request was originally created by Bitcoin Core contributor Pieter Wuille on September 13th and has gone through extensive review and testing over the past month. Over 150 developers also participated in a 7-week review club for the proposal which was led by Anthony Towns back in November of 2019.

This upgrade has been highly anticipated due to its potential to increase Bitcoin’s smart contract capabilities while simultaneously benefiting its transactional privacy.

God save us from any upgrade's activation method debate! I am not ready for a segwit, no2x, big block kind of drama now. We have other things to do.  

Like what?

Sit around twittling our thumbs?


 

Will PlanB's model keep working or not? Looks like he struggled so much to find out this S2F model that matching with bitcoin price. But acuracy is easy for such model till 2020 that price is max around 10 - 12k. But lets see if it will keep working fine and bitcoin will push till 100k usd next year  

Yes... PlanB has been struggling, and suffering dearly....

Stock to flow is ded.

RIP.....

 

[degxtra1]

There are only two options: better one  for you is simply you are an idiot.

Worst - you are just paid shill.

swprs.org
off-guardian.org

#lockdownsceptics

DaRude is right though... sort of.

I also work for a hospital system.  Part of my job is specifically analyzing admission data, and for the last several months I have been particularly involved with analyzing the COVID admissions.

FACT: It is killing people
FACT: It is extraordinarily contagious
FACT: We now know that it has a very high survival rate in almost all populations.

The trick with Covid is it is so contagious that just about all of us are going to get it.  And that means that <1% who it kills?  There are a lot of them.

Couldn't you say exactly the same about any specific flu virus from past? [By {past} I mean anything happened before 2010 in let say 30 years scope]  

Any RELIABLE data about it?  

...

Mate, we all know it's not pandemia  but just clear politics. Left or Right / Biden or Trump...  Nobody (clever than monkey/donkey) buys this shit.