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Question: What year will we achieve a new ATH?
2019 - 41 (28.5%)
2020 - 57 (39.6%)
2021 - 33 (22.9%)
2022 - 7 (4.9%)
2023 - 1 (0.7%)
Never - 5 (3.5%)
Total Voters: 144

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21177893 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (24 posts by 13 users deleted.)
Last of the V8s
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March 21, 2018, 10:05:18 PM

https://www.treasury.gov/resource-center/faqs/Sanctions/Pages/faq_compliance.aspx#vc_faqs
561. How will OFAC use its existing authorities to sanction those who use digital currencies for illicit purposes?
562. How will OFAC identify digital currency-related information on the SDN List?

in which the USG flounders about misunderstanding bitcoin
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March 21, 2018, 10:05:34 PM

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You are a useful tool for the bankster corporate shills; hopefully they are paying you in bitcoin, even if that remains ironic for you to be receiving and perhaps HODLing the thing that you are FUDding.

Haven't you argued vehemently against increasing Bitcoin's native blocksize limit?

Have you then not served the interests of the fat bankster pigs as well?

Another fuckster BIG BLOCKer nutjob.  Oh my?   Shocked

Don't you realize BIG BLOCKer talking points are dead, and you need to come up with something new?

By the way, you try to make this about me, you newbie bcash shill, and I am not arguing shit in regards to the various BIG BLOCKer nutjob claims that come into this thread periodically, so don't try to frame the issue as if I have some kind of thing to prove, because I don't.  Most frequently, when one of you BIG BLOCKer nutjob comes into the thread to make your stupid ass claims, you try to act as if the other side has the burden to prove that it is correct rather than you, when it does not.  

The fact of the matter is if you want BIG BLOCKS to be adopted, then you have the burden to show that it is going to be helpful in some kind of way (you need to show with facts and/or logic).. at least more helpful than it hurts, and it seems that no one of importance (besides a bunch of stupid ass bcash supporters) is convinced about the lack of evidence and/or logic that you various BIG BLOCKer nutjobs have produced for your position about the supposed goodness of BIG BLOCKS...

So why don't you go back to r/btc or Bitcoin.com where your views are more appreciated, and to support your bcash BIG BLOCK crap that is going to spread around the world...   hahahahahaha.. NOT too likely to spread more than sinking to zero, and that is why you are in this thread trying to bash bitcoin rather than building on your BIG BLOCKer btrash project that is going to bring more problems than it solves to the extent that it has hardly any smart/competent developers who are able to really focus on what is important in a coin...   Roll Eyes Roll Eyes
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March 21, 2018, 10:35:47 PM

Bitcoin ... mining costs over 1000$ per user a year. How the heck is more people having it going to fix this?!

Amortizing the unit system price across more users does exactly this, silly.

Quote
At the end even he confesses that there are newer and better cryptos then bitcoin,

If so, he is wrong. Certainly there are newer cryptos than bitcoin. And there are other cryptos that are better at niche use cases than bitcoin. But as far as being a usable money or store of value, bitcoin remains king of the hill.

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This guy doesn't know the heck he is talking about and is possibly having some kind of a mental breakdown.

Odd thing to publicize about yourself, but okay....
micgoossens
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March 21, 2018, 11:10:11 PM

Breaking 24777$ prediction game      FINAL LIST       

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12/02/2019 FractalUniverse
21/04/2019 gentlemand
20/02/2020 romneymoney
18/12/2021 luckygenough56

UPDATE     AND GOOD LUCK



Last of the V8s
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March 21, 2018, 11:28:40 PM
Merited by xhomerx10 (1), suchmoon (1), BobLawblaw (1), bitserve (1)

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March 21, 2018, 11:44:10 PM
Merited by BobLawblaw (1), bitebits (1)

V8 please reduce your output of quality content.  I have merited you excessively and it’s just not sustainable. 
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March 21, 2018, 11:51:19 PM
Merited by suchmoon (10)

V8 please reduce your output of quality content.  I have merited you excessively and it’s just not sustainable.  

TBH, I'm a merit source, and down to my last 3 sendable sMerits, at the moment :| (No - DO NOT MERIT THIS POST YOU SILLY GOOSES !)

... and Theymos expects me to venture out of this thread ?!

I'm trying to top off other posters from time to time when I notice they are running low as well.

Too much quality here, folks.

EDIT: Goddamn you, suchmoon...
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March 21, 2018, 11:53:01 PM
Merited by BobLawblaw (1)

V8 please reduce your output of quality content.  I have merited you excessively and it’s just not sustainable. 

Confirmed.
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March 21, 2018, 11:56:37 PM
Merited by BobLawblaw (1)

V8 please reduce your output of quality content.  I have merited you excessively and it’s just not sustainable.  

TBH, I'm a merit source, and down to my last 3 sendable sMerits, at the moment :| (No - DO NOT MERIT THIS POST YOU SILLY GOOSES !)

... and Theymos expects me to venture out of this thread ?!

I'm trying to top off other posters from time to time when I notice they are running low as well.

Too much quality here, folks.

i'm still waiting on the +merit windows wallet :-D ha
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March 21, 2018, 11:59:02 PM
Merited by BobLawblaw (3)

EDIT: Goddamn you, suchmoon...

It was an accident, I swear, I tripped and fell on the merit button.
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March 22, 2018, 12:06:52 AM
Merited by cAPSLOCK (1), bones261 (1)

V8 please reduce your output of quality content.  I have merited you excessively and it’s just not sustainable.  

TBH, I'm a merit source, and down to my last 3 sendable sMerits, at the moment :| (No - DO NOT MERIT THIS POST YOU SILLY GOOSES !)

... and Theymos expects me to venture out of this thread ?!

I'm trying to top off other posters from time to time when I notice they are running low as well.

Too much quality here, folks.

EDIT: Goddamn you, suchmoon...

There are a few meritorious posts out there.
https://bitcointalk.org/index.php?topic=3174746.0
But you really have to go looking for them. And who wants to do that?

Edit:
Quote
At the height of China's command over the Bitcoin market a couple or more years ago the number of full nodes there regularly fell below 100.

I've just had a look and the number of full nodes has gone up hugely in the last few months to over 2000 now, in fact it's added over 1000 in the last month alone.

https://bitnodes.earn.com/dashboard/?days=730

Can anyone in the know tell me why this has happened?
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March 22, 2018, 12:11:06 AM
Merited by edgar (1)

V8 please reduce your output of quality content.  I have merited you excessively and it’s just not sustainable.  

TBH, I'm a merit source, and down to my last 3 sendable sMerits, at the moment :| (No - DO NOT MERIT THIS POST YOU SILLY GOOSES !)

... and Theymos expects me to venture out of this thread ?!

I'm trying to top off other posters from time to time when I notice they are running low as well.

Too much quality here, folks.

EDIT: Goddamn you, suchmoon...

I still have 106 smerits from the initial disbursement in addition to to a few more from my recently acquired "duty." I guess that I have been way too stingy. It's really hard branching out. Quite frankly, I'm not finding much to merit.  Embarrassed Oh well, at least people don't seem to like my posts much. So I am not acquiring many smerits on top of everything else. I should be able to bring this down to a balance of zero by year end.


There are a few meritorious posts out there.
https://bitcointalk.org/index.php?topic=3174746.0
But you really have to go looking for them. And who wants to do that?


Thanks for the tip off.  Grin
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March 22, 2018, 12:13:25 AM

And then cleanse the town with fire...

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March 22, 2018, 12:14:01 AM
Merited by Rosewater Foundation (1)

Probably should ask in Dev but you folks are hip to the latest things...

Is there a way to automatically forward from an address you control to another address? Like some perpetual address locking mechanism?


I'm looking at Rootstock.

The way it works (as far as I can tell right now) is that you send from your wallet to a designated Rootstock controlled Bitcoin address.

At that point the bitcoins are locked and the same amount of Smartcoins are released on the Rootstock network back to the address of the wallet you sent from (again, I have no idea if this is reality). So now you have control of your Rootstock smartcoins because you know the private key of the originating address.

You can do all of your smartcoin stuff, then when you want them back in bitcoins you send to a designated Rootstock exit address and coins are released to an address you sent from on Rootstock (maybe that's how it works?).

I was wondering if there would be a way to send from one address to another on the Bitcoin network but have it go through Rootstock, do some filtering or whatever and come back without needing to run wallet software to move it along.
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March 22, 2018, 12:20:38 AM


did not know that tbh
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March 22, 2018, 12:24:55 AM


did not know that tbh

TIL thanks for the tip off
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March 22, 2018, 12:29:17 AM

SHA-2 (Secure Hash Algorithm 2) is a set of cryptographic hash functions.

SHA-256 is used in several different parts of the Bitcoin network:

Mining uses SHA-256 as the Proof of work algorithm.
SHA-256 is used in the creation of bitcoin addresses to improve security and privacy.
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March 22, 2018, 12:32:39 AM

Another pearl from the Dev section:

nLockTime is specific to the subject transaction. This means if you sign a transaction with an nLockTime, that transaction cannot confirm in a block prior to that constraint.

OP_CHECKLOCKTIMEVERIFY on the other hand, restrict outputs of a transaction from being spent prior to a certain constraint. There are very different use cases for OP_CHECKLOCKTIMEVERIFY than for nLockTime. If a customer is withdrawing funds from a service, there is no real reason why the service would want to restrict the customer from spending their withdrawal anything other than immediately.

As mentioned above, OP_CHECKLOCKTIMEVERIFY will be used with LN and other similar payment channels. It is likely that OP_CHECKLOCKTIMEVERIFY was soft-forked into Bitcoin with LN/payments channels in mind.
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March 22, 2018, 12:33:19 AM

SHA-2 (Secure Hash Algorithm 2) is a set of cryptographic hash functions.

SHA-256 is used in several different parts of the Bitcoin network:

Mining uses SHA-256 as the Proof of work algorithm.
SHA-256 is used in the creation of bitcoin addresses to improve security and privacy.
How dare you contradict?
Satoshi knows better for sure.
 Roll Eyes
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March 22, 2018, 12:45:13 AM
Last edit: March 22, 2018, 12:55:44 AM by xhomerx10
Merited by Last of the V8s (1)

SHA-2 (Secure Hash Algorithm 2) is a set of cryptographic hash functions.

SHA-256 is used in several different parts of the Bitcoin network:

Mining uses SHA-256 as the Proof of work algorithm.
SHA-256 is used in the creation of bitcoin addresses to improve security and privacy.

 Yeah and without ECDSA they're pretty tough to spend.  Seems like crypto currencies need cryptography to function.  Anyone know what Satoshi-1 was driving at?


edit: major correction of the meaning of Satoshi
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