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

[philipma1957]

Good morning. In less than an hour, Wall Observer's from here will join others from around the world. And you will be launching the largest "ignore" battle in this history of Wall Observer Thread

Wall Observer -- that word should have new meaning for all of us today.

We can't be consumed by our petty differences anymore.

We will be united in our common interests.

Perhaps its fate that today is the 14th of April, and you will once again be fighting for our freedom, not from tyranny, oppression, or persecution -- but from shit posters and merit whores!

We're fighting for our right to post, without shitty re-tweets and poorly presented meme drowning us.

And should we win the day, the 14th of April will no longer be known as an "International Be Kind to Lawyers Day", but as the day when the Wall Observer Thread declared in one voice:

We will not go quietly into the night!

We will not vanish without a fight!

We're going to live on!

We're going to survive!"

Today, we celebrate our "Ignore shit posters and merit whore Day!"

I'll give up. I did what I could

Only need to ignore 5 or 6 names.

[HI-TEC99]

... if you remind yourself how many people still believe in $$$ (fiat) for such a long time on this planet, the a$$hole-to-bitcoiner ratio turns out clearly in their favour "favour".
Opinions are not facts ...

[ChartBuddy]

Explanation

[philipma1957]

... if you remind yourself how many people still believe in $$$ (fiat) for such a long time on this planet, the a$$hole-to-bitcoiner ratio turns out clearly in their favour "favour".
Opinions are not facts ...

Well I still have issues with BTC working for hundreds of years. I think scrypt  algo with LTC/Doge is much better for a 200 year run than BTC

but yeah Fiat is on Life support.

And with me being 66 and no kids BTC only needs to do well for 20 years.

My advice which according to JJG is terrible is:

DCA

BTC and LTC and Doge

If you follow my advice and lose money do not blame me.  Why follow my advice.

[vapourminer]

Today, we celebrate our "Ignore shit posters and merit whore Day!"

I'll give up. I did what I could

Only need to ignore 5 or 6 dozen names.

ftfy

[machasm]

... if you remind yourself how many people still believe in $$$ (fiat) for such a long time on this planet, the a$$hole-to-bitcoiner ratio turns out clearly in their favour "favour".
Opinions are not facts ...

Lol, The amount of times this has literally happened to me.
These days I swing much more to the right.

[ChartBuddy]

Explanation

[sirazimuth]

....
I really hope that doesn't happen. While i am not against using ChatGPT to help answer question, i think a straight copy and paste isn't the best way to utilize such a powerful tool.

There is a post earlier in the thread that pointed towards the lowering of overall IQ. I don't think that trend is going to reverse anytime soon, especially with the advent of ChatGPT and AI.

I mean, did you really understand what Segwit and Taproot is? based on the answer above?, if not, then how would you expect someone else too, right?...

And if you did understand it, i would have really, really, appreciated the response more, if you took the time and wrote what you thought it was/is, based on the ChatGPT response or research you had conducted.

Agreed on your points. However the AI genie is out of the bottle now, and its only going to become more prolific in time, and smarter  as the masses train it.(or dumber, as the case maybe)
So my attitude is may as well get used to it.
I just treat it like a search engine on steroids. I find that the response you elicit is only as good as the input. Garbage in, garbage out, if you will.
As long as it's quoted and not a response to some dumbass question, I don't have an issue with it. In moderation of course.

(ATTN  twatter newbs...  please don't read this an invitation to start chatgpt spamming the thread, thank you.)

[Learn Bitcoin]

and don't forget...   fuck your mother if you want fuck  

Fuck your mother if you want to fuck.

I am ashamed of Being their countrymate  
There are only a few reputed people in this forum from my country. Indeed they are (Shitposters) trying to get some merit by posting shit. But, I am surprised by their attitude. I cannot express my feeling now. Our Local Community and I criticized them for doing shit here.

https://bitcointalk.org/index.php?topic=631891.msg62090490#msg62090490
https://bitcointalk.org/index.php?topic=631891.msg62091431#msg62091431

Take my apologies from the heart. They shouldn't come back here again if they see our posts from the local community.
I would request to leave negative feedback to them if they do.

.....

Okay. I have a question. Is Taproot Upgrade is Smart Contract? How Taproot upgrade helped Bitcoin? I am puzzled after reading some articles. Maybe it is because I am not understanding how it works. One article said the Taproot upgrade enables verifying multiple signatures at once. Another article said it's a smart contract upgrade. How it's related to SegWit? Wasn't SegWit upgraded before the Taproot upgrade? SegWit departs the signatures data. The block already contains more data after the SegWit Upgrade. So, what Taproot did do?

Taproot is not a smart contract in the traditional sense, but it is an upgrade to Bitcoin's scripting language that can enable more advanced smart contract functionality. Taproot is a soft fork upgrade that was activated on the Bitcoin network in November 2021.

One of the main benefits of the Taproot upgrade is that it improves Bitcoin's privacy and security by allowing more complex transactions to be executed while appearing as a simple transaction on the blockchain. This is achieved through a technique called "Merkleized Abstract Syntax Trees" (MAST), which allows multiple possible spending conditions to be hidden within a single transaction, making it difficult for external parties to determine which conditions were actually used.

Taproot also enables the implementation of advanced multi-signature schemes, which can be used to enhance the security of Bitcoin transactions. With Taproot, multiple signatures can be aggregated into a single signature, reducing the amount of data needed to be stored on the blockchain. This reduces transaction fees and allows for more efficient use of Bitcoin's limited block space.

In terms of its relationship to SegWit, Segregated Witness (SegWit) was a previous soft fork upgrade that was activated on the Bitcoin network in August 2017. SegWit separated the transaction signature data from the transaction data, which allowed for more transactions to be included in each block. Taproot builds upon SegWit by further optimizing the way transactions are structured and by enabling more advanced smart contract functionality.

In summary, Taproot is an upgrade to Bitcoin's scripting language that enhances privacy, security, and scalability while enabling more advanced smart contract functionality. It builds upon the benefits of SegWit by further optimizing transaction structure and enabling more complex spending conditions to be hidden within a single transaction.

The long answer, in short, the Taproot upgrade is not Smart Contract, but it enabled smart Contract functionality. Right?
About multi Signature, Does it mean Bitcoin doesn't have a MultiSig wallet feature before 2021? Or does it have the MultiSig feature, but this upgrade further improved the Multisig feature?

Sounds kind of technical for these here parts, but hey?  maybe some guy might be willin to go down the 'splainin path with you, but not this here cat.  i am too busy with non-technical matters.. or at least I see that there are a variety of wallet option types and some support legacy only, or legacy segwit or segwit with bech 32 or taproot (I think in that order), and I fucking have hardly any clue regarding when to use which, even though it seems that I have been using bech 23 addresses a lot recently and it got me into a bit of quagmire once (just last week when I sent a legacy segwit to a bech 32 address and then it kind of got lost for a while - did not go through.. yet I was able to send it again (after about 4 days of my wondering where the transaction had gone.. it was a decently sized transaction.. just saying.. but whatever all is good in JJG landia in regards to not having had lost those BTC that I had tried to send from a legacy segwit to a segwit with bech 32 address.. whatever the fuck that means? #justsaying)...

Not sure what wallet you have used. But, Most Non-Custodial wallets have RBF features. You should be able to Spend unconfirmed transactions utilizing this feature instead of waiting for four days. Make sure to use more transaction fees. Blockchair.com should help you to figure out the average transaction fees.

[HI-TEC99]

... if you remind yourself how many people still believe in $$$ (fiat) for such a long time on this planet, the a$$hole-to-bitcoiner ratio turns out clearly in their favour "favour".
Opinions are not facts ...

Lol, The amount of times this has literally happened to me.
These days I swing much more to the right.

[Hueristic]

I am ashamed of Being their countrymate  
There are only a few reputed people in this forum from my country. Indeed they are (Shitposters) trying to get some merit by posting shit. But, I am surprised by their attitude. I cannot express my feeling now. Our Local Community and I criticized them for doing shit here.

https://bitcointalk.org/index.php?topic=631891.msg62090490#msg62090490
https://bitcointalk.org/index.php?topic=631891.msg62091431#msg62091431

Take my apologies from the heart. They shouldn't come back here again if they see our posts from the local community.
I would request to leave negative feedback to them if they do.

Just checked out your links and even though I have no clue what is being said I noticed the majority of those accounts are on my ignore list from this thread alone so you are correct that you people need to start moderating yourselves.

IOW create your own circle of trust and work together to keep the shit off this site.

That would go a long way to being seen as adult enough to be accepted on BCT.

Oh and BTW Making accounts just to use as socks to abuse to show your above the shit stains does not float here.

*we are no so easily manipulated (at least not most of us).

[macson]

 

me when try to report shit post in WO

[ChartBuddy]

Explanation

[sirazimuth]

......

*we are no so easily manipulated (at least not most of us).

I got manipulated once, many moons ago.........BTC
.......<redacted ...TMI>   lol

[HI-TEC99]

Someone's just invented a bike with square wheels.

https://gizmodo.com/square-wheeled-bicycle-bike-pedal-tank-wheels-the-q-1850332349

[OutOfMemory]

... if you remind yourself how many people still believe in $$$ (fiat) for such a long time on this planet, the a$$hole-to-bitcoiner ratio turns out clearly in their favour "favour".
Opinions are not facts ...

[sirazimuth]

been polishing old pieces, because free time, new garage, etc...
(still working on the other side)



One thing I found when you have a piece polished to a near mirror finish, (not this one)
it's damn near impossible to snap a pic without breaking op sec, lol

[ChartBuddy]

Explanation

[sirazimuth]

... if you remind yourself how many people still believe in $$$ (fiat) for such a long time on this planet, the a$$hole-to-bitcoiner ratio turns out clearly in their favour "favour".
Opinions are not facts ...

Lol, The amount of times this has literally happened to me.
These days I swing much more to the right.

.....

In this particular scenario, yes, I swing to the extreme right.... (from the perspective of the observer, mind you)

[ChartBuddy]

Explanation