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

[Torque]

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

I'm OOTL.

Why was his Twitter acct suspended?

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[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Bitcoin_people]

The next state orchestrated “Plandemic” is going to be a “Crypto Contagion”.
• There is going to be financial turmoil
• They will wrongly blame #Bitcoin   
• They will block on/off ramps
• They will prosecute crypto companies
• They will threaten public advocacy
• They will hunt you down for KYC/AML
• They will force CBDCs on you
• They will rationalize universal income
• They will inevitably print trillions
• Bitcoin will emerge as digital gold

If you can HODL through this you WIN

https://twitter.com/TheBTCTherapist/status/1660290161224171520?t=xoithVAZX7b2acAvO50UZA&s=19

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[gantez]

The next state orchestrated “Plandemic” is going to be a “Crypto Contagion”.
• There is going to be financial turmoil

Recession, inflation and rate increase , bank will cry. Invest in bitcoin before bull.

• They will wrongly blame #Bitcoin   

They already blaming you #bitcoin for financial freedom

• They will block on/off ramps

They try to close you up. Bitcoin win

• They will prosecute crypto companies

They are doing that with more to shutdown

• They will threaten public advocacy

Yes enemies of bitcoin

• They will hunt you down for KYC/AML

Some people understand this and don't like centralized exchange

• They will force CBDCs on you

They are already doing that but bitcoin is the digital gold

• They will rationalize universal income

They increase unemployment

• They will inevitably print trillions

They do that with excuse to stabilise economy but inflation is the result.

• Bitcoin will emerge as digital gold

Are you saying bitcoin will finally become unifying digital currency?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Volgastallion]

The next state orchestrated “Plandemic” is going to be a “Crypto Contagion”.
• There is going to be financial turmoil

Recession, inflation and rate increase , bank will cry. Invest in bitcoin before bull.

Bank will cry?, man bank never gonna cry, they are always one step ahead, or they receive money from the govement, change the law, change their names etc.

Well yes they are gonna cry to the press but backdoor they know how it works because they are the masters, not a peasant.

[JimboToronto]

The next state orchestrated “Plandemic” is going to be a “Crypto Contagion”.
• There is going to be financial turmoil

Recession, inflation and rate increase , bank will cry. Invest in bitcoin before bull.

Bank will cry?, man bank never gonna cry, they are always one step ahead, or they receive money from the govement, change the law, change their names etc.

Well yes they are gonna cry to the press but backdoor they know how it works because they are the masters, not a peasant.

This is why it's so important to be your own bank.

NYKNYC

[HI-TEC99]

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

I'm OOTL.

Why was his Twitter acct suspended?

It might have something to do with him suggesting filtering out ordinal transactions from blocks.

https://beincrypto.com/learn/brc-20-token/

Luke Dashjr, a Bitcoin core developer since 2011, believes that Ordinals and BRC-20 tokens are spam, are need to be filtered out asap.

https://coingeek.com/btc-response-to-ordinals-will-be-yet-another-demonstration-of-centralized-power/

Luke Dashjr tried another track on Twitter (Dashjr’s Twitter has since been suspended):

His account was previously suspended because of his vaccine tweets, then reinstated.

https://gist.github.com/nopara73/f194fd1d662b9094e82c5d4e038997e3

Luke Dashjr, a prolific Bitcoin Core developer, has been sent to Twitter jail: he received a permanent suspension for proclaiming he'll respond with appropriate force if anyone tries to force vaccination on him or his family. To avoid confusion it's important to clarify he does not have an anti-vaccine stance, rather he took a wait for more data approach instead.

Thanks everyone. Luke Dashjr can finally tweet: https://twitter.com/LukeDashjr/status/1456997208553705483

<edit>

Seems like it was probably for suggesting filtering out ordinal transactions from blocks.

https://www.reddit.com/r/bitcoincashSV/comments/13d07ey/luke_dash_jr_banned_from_twitter_for_threatening/

Luke Dash Jr. banned from Twitter for threatening to remove BRC-20 token capabilities

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[HI-TEC99]

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[bitebits]

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.

Just so there is no misunderstanding. An 'empty' block still contains the block subsidy. Just no transactions and therefore no TX fees.

[fillippone]

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.

Just so there is no misunderstanding. An 'empty' block still contains the block subsidy. Just no transactions and therefore no TX fees.

Lol, yes, but there are a few blocks in the blockchain without the block subsidy (there never will be 21 millions Bitcoin!). So in theory and empty block can still be mined.
Just being extremely picky here.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[yslyv]

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

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.

Why so jaded about the matter aesma?

Surely, they could make a choice to offer entrance for free or near free, but wouldn't that have potential issues too?

I think that I already responded to this whole attempt at balancing, and surely we could have differing opinions in regards to a potential proper balance, and your suggestion of 1000 sats is surely not even close to realistic.. in terms of an attempt at balancing an including how they might have had too many attendees last year.. which has its own unwielding attributes, and sure maybe this year a way lower price might have had been better, and I surely don't claim to even closely know enough regarding that answer except for a decently strong sense that 1,000 sats is not even close to a realistic proposaL, even though I understand your overall point (exaggerated as it may well be.. if I consider that you are not actually seriously proposing that 1,000 sats would actually be reasonable or a good idea in terms of attempts at rationing attendance.. to the extent that you seem to believe rationing attendance is not an issue that needs to be considered.. in udder words, how do you keep out the riff raff? hahahahhaahaha).

[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.

Just so there is no misunderstanding. An 'empty' block still contains the block subsidy. Just no transactions and therefore no TX fees.

Lol, yes, but there are a few blocks in the blockchain without the block subsidy (there never will be 21 millions Bitcoin!). So in theory and empty block can still be mined.
Just being extremely picky here.