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

[HI-TEC99]

......are grifters, shitcoiners, scammers, bullshitters. .....

......

AKA... crypto in a nutshell.   
...(oops, naughty word, sorry jay...  <batslappening>)

This book teaches you all about it.

[aesma]

1000$ for that Miami conference wow.

Why not 1000 sats ?

It costs money to put on a conference... and especially such a large conference.


Sure, maybe they did not strike a good balance this year in regards to price versus expected attendance levels.. and so it likely is not easy to determine those kinds of matters, when the likely attendance levels may well vary quite a bit this year as compared with last year...

I have not seen the latest numbers, but I thought that they might have been anticipated quite a few less than half of the number of participants as compared to last year's 30k-ish levels, even if initially, they were likely hoping to reach similar levels as last year.. but even those very large numbers (like last year) become unwieldy too.. so increases in prices would surely cause the number of attendants to go down, one would think.

It costs money yes, and you have corporate stands rented to companies, sponsors, etc.

I guess the goal isn't Bitcoin evangelization, but only business people talking to business people.

[NeuroticFish]

I know, I know, I was only joking to intolerant bitcoin maxis triggered by the high fees…

Hopefully, Stratum V2 will solve this problem.

I've read at some point some quite unhappy things from the actual miners about Stratum V2.
Make sure your expectations on the matter are not too high.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[HI-TEC99]

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[HI-TEC99]

Observing empty block!

~

How dare you!

It looks to be the usual problem: the empty block came too early (maybe seconds) after another block. You can see both with "10 minutes".
(But yeah, you may already know all this.)

15 seconds apart.

https://www.blockchain.com/explorer/blocks/btc?page=1

[Hueristic]

Tether is About to Start Buying Up Bitcoin With Up to 15% of Its Net Profits

Tether, the creator of USDT, is starting to purchase Bitcoin with a whopping 15% of its net realized operating profits starting this month.

https://twitter.com/Tether_to/status/1658805845340180480?s=20

Tether has long been an important supporter of Bitcoin though the effect was mostly indirect. USDT is the largest USD stablecoin by market capitalization and traders often use it to trade…

Riddle me this, if they were always such great supporters then why only now are they putting such a measly amount of profits in?

[philipma1957]

Observing empty block!

~

How dare you!

It looks to be the usual problem: the empty block came too early (maybe seconds) after another block. You can see both with "10 minutes".
(But yeah, you may already know all this.)

15 seconds apart.

https://www.blockchain.com/explorer/blocks/btc?page=1

those times can be off by 20 seconds or more.  Ie block could be 35 seconds not 15. But empty blocks have happened for years nothing new here. As rewards half in 2024 it will be a bigger deal

by the time we are at 2032 we will have rewards of only 0.78125 btc if fees are running at 0.78 at this time an empty block will be an issue. I wonder if anything will be done by then.

Did not some rich asshole say he was going to push and develop LN can't find the quote.


found it actually is not much of a read.

JUST IN - Former PayPal President: "I've decided to dedicate the rest of my life in building on #Bitcoin    and specifically on Lightning" 🙌

https://twitter.com/BitcoinMagazine/status/1659218437573423110?t=uXbuthi1In7UbIosZTCX5A&s=19
Let's all dedicate ourselves to Bitcoin.
 Because I see half a percent of the population influencing Bitcoin in the next generation.
 I joined, you too?

[HI-TEC99]

Observing empty block!

~

How dare you!

It looks to be the usual problem: the empty block came too early (maybe seconds) after another block. You can see both with "10 minutes".
(But yeah, you may already know all this.)

15 seconds apart.

https://www.blockchain.com/explorer/blocks/btc?page=1

those times can be off by 20 seconds or more.  Ie block could be 35 seconds not 15. But empty blocks have happened for years nothing new here. As rewards half in 2024 it will be a bigger deal

by the time we are at 2032 we will have rewards of only 0.78125 btc if fees are running at 0.78 at this time an empty block will be an issue. I wonder if anything will be done by then.

...

Bitcoins might cost millions of dollars each by then. An empty block could cost them millions.

[philipma1957]

found more on the LN guy

David Marcus

https://www.theverge.com/23696466/bitcoin-crypto-lightning-network-lightspark-ceo-david-marcus

should be very interesting down the road.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[HI-TEC99]

[FinePoine0]

The best video I have ever seen...This happens only to the lucky ones...
Link: https://twitter.com/romanmartinezc/status/1659932162177617927?t=l3Y9wkCvB_NMX4uu8GYyaw&s=19

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Gachapin]

spirit..



Luke's Twitter account may be dead, but he's very much alive and working on neat Bitcoin stuff. Free @lukedashjr, @elonmusk!
https://twitter.com/lopp/status/1659994294315372544

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com