Bitcoin Forum
June 16, 2019, 11:51:02 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Poll
Question: Closing BTC Price June 17:
$0 - 2 (1.8%)
<$6,500 - 7 (6.1%)
$6,500-$6,750 - 1 (0.9%)
$6,751-$7,000 - 2 (1.8%)
$7,001-$7,250 - 3 (2.6%)
$7,251-$7,500 - 6 (5.3%)
$7,501-$7,750 - 4 (3.5%)
$7,751-$8,000 - 12 (10.5%)
$8,001-$8,250 - 13 (11.4%)
$8,251-$8,500 - 6 (5.3%)
$8,501-$8,750 - 6 (5.3%)
$8,751-$9,000 - 11 (9.6%)
$9,001,$9,250 - 10 (8.8%)
$9,251-$9,500 - 9 (7.9%)
>$9,500 - 15 (13.2%)
$20,000 - 7 (6.1%)
Total Voters: 114

Pages: « 1 ... 22133 22134 22135 22136 22137 22138 22139 22140 22141 22142 22143 22144 22145 22146 22147 22148 22149 22150 22151 22152 22153 22154 22155 22156 22157 22158 22159 22160 22161 22162 22163 22164 22165 22166 22167 22168 22169 22170 22171 22172 22173 22174 22175 22176 22177 22178 22179 22180 22181 22182 [22183] 22184 22185 22186 22187 22188 22189 22190 22191 22192 22193 22194 22195 22196 22197 22198 22199 22200 22201 22202 22203 22204 22205 22206 22207 22208 22209 22210 22211 22212 22213 22214 22215 22216 22217 22218 22219 22220 22221 22222 22223 22224 22225 22226 22227 22228 22229 22230 22231 22232 22233 ... 24203 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21222470 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. (64 posts by 15 users deleted.)
goldkingcoiner
Sr. Member
****
Offline Offline

Activity: 364
Merit: 284


ICObench Verified Expert


View Profile WWW
December 21, 2018, 03:58:29 PM

r0ach?  realr0ach?

Ah yes, Micgoossens reading the dreaded r0ach posts:



More like:

Roach reading Micgoossens's replys:


you gunna cry?
1560685862
Hero Member
*
Offline Offline

Posts: 1560685862

View Profile Personal Message (Offline)

Ignore
1560685862
Reply with quote  #2

1560685862
Report to moderator

0% MINING FEES FOR THE NEXT MONTH. GET PAID IN BTC, ETH, XMR or RVN.

www.cudominer.com Learn More
Easily run CudoOS from a USB flash drive.
Designed for rigs. Manage your mining remotely from Cudo Console.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
luckygenough56
Legendary
*
Offline Offline

Activity: 1442
Merit: 1009



View Profile
December 21, 2018, 04:02:29 PM

i'd like a pump tho
d_eddie
Hero Member
*****
Offline Offline

Activity: 714
Merit: 595



View Profile
December 21, 2018, 04:05:32 PM


$120 is more than enough for a network specially disigned for micropayments.

Main chain will be great for medium to large transactions.

Lightning is for low, micro to sub-Satoshi payments.

I've already seen this a couple of times, how can you go sub-satoshi?  Huh
When you close the channel and go back to the main chain, you're forced to round to whole satoshis of course, but while the funds are in the LN, accounting is in subunits (might be millisatoshis if I'm not wrong).
d_eddie
Hero Member
*****
Offline Offline

Activity: 714
Merit: 595



View Profile
December 21, 2018, 04:06:25 PM

I never know which one its gonna be Roll Eyes
More than likely both
As long as I get both, I will be happy. Order doesn't matter since I'm not gambling.
birr
Hero Member
*****
Offline Offline

Activity: 775
Merit: 517


View Profile
December 21, 2018, 04:08:50 PM
Merited by JayJuanGee (1)

I think most transactions will be limited in size to the magnitude of the nominal $120 cited.  Maybe considerably less.  
Just because there are channels with $1000 in them, doesn't mean you can transact that much.  The transaction is limited by the contents of the smallest channel in the series of hops it has to go through between the parties who make that transaction.

Ideally, the network will be a mesh without big companies controlling massive hubs.  Which means that many transactions, perhaps most, will require several hops (cue six degrees of Kevin Bacon theme).  It seems likely to me that in such a case, the smallest channel may have less than the average $120.  Some channels will have more, some will have less.  The big ones don't count; it's the smallest one that determines the size of the transaction you can make.

On the other hand, if a few big companies, like Starbucks, Facebook, WalMart, Google etc. set up big hubs that everybody connects to with substantial sums, then you can transact large amounts with millions of other LN users.  Is that the kind of Lightning Network we want to see?  So it's a choice.  
1) Be able to transact large amounts with just about anybody on a highly centralized network than can censor your transactions and spy on you.
2) Have a highly distributed and decentralized network with limited transaction amounts.
d_eddie
Hero Member
*****
Offline Offline

Activity: 714
Merit: 595



View Profile
December 21, 2018, 04:16:53 PM

On the other hand, if a few big companies, like Starbucks, Facebook, WalMart, Google etc. set up big hubs that everybody connects to with substantial sums, then you can transact large amounts with millions of other LN users.  Is that the kind of Lightning Network we want to see?  So it's a choice.  
1) Be able to transact large amounts with just about anybody on a highly centralized network than can censor your transactions and spy on you.
2) Have a highly distributed and decentralized network with limited transaction amounts.

I think one use case doesn't prevent the other from happening, as long as there is good global diffusion and connectivity.
Karartma1
Legendary
*
Offline Offline

Activity: 1792
Merit: 1070


Be Revolutionary Or Die Trying


View Profile WWW
December 21, 2018, 04:20:14 PM

Hi fellas,
what's up?   Smiley
Hard times for us recently but I hope you are all set for the crypto winter that's on us.

Speaking of LN I'd say that so long as we don't get that available for average Joes we are not going to see fireworks.
So relax and wait while the geeks test the LN for everybody else.
Remember we had that with Bitcoin, already.
A few of us started the network for everybody else. With LN it will be the same.

Price will follow Wink

serveria.com
Member
**
Offline Offline

Activity: 476
Merit: 76

Balls of steel


View Profile
December 21, 2018, 04:29:33 PM

i fear a weekend dump

weekend troll?  Wink  lol

Look who's back? Gembitz! WEEEEEEEEEEE  Grin
JimboToronto
Legendary
*
Offline Offline

Activity: 2212
Merit: 1254


You're never too old to be young.


View Profile
December 21, 2018, 04:34:19 PM

Good morning Bitcoinland.

Seems we've been having a nice little day of consolidation after this week's pretty decent price rise... currently $4030USD/$5462CAD (Bitcoinaverage).

Let's hope the bear is exhausted and we're ready to get back to the usual slow growth with occasional small corrections. Upward and downward bubbles are exciting and offer opportunities for traders/gamblers but investors/holders know that slow and steady wins the game.

As long as the bottoms  and tops keep getting exponentially higher (at least until the s-curve goes "vertical"), we'll continue to keep making money.

Go Bitcoin go.
BTCMILLIONAIRE
Hero Member
*****
Offline Offline

Activity: 1218
Merit: 767



View Profile
December 21, 2018, 04:54:14 PM

Answer me HONESTLY this simple question:

What has more probabilities of a 10x in the next following years Bitcoin or silver?

I've already stated that I'm worried if there will be any type of economy left to spend metals in when the Jewish, usury debt bubble implodes.  There might just be martial law or global Venezeula.  Bitcoin will definitely be completely useless.  Odds of some sort of a cyclical dark age are pretty damn high.  Civilization is overly-complex, overly-specialized, and lacking redundancy on a local level.  

When an overly-complex system collapses, it does NOT magically shift into an even more complex one like craptocurrency.  There will either be a hard landing and a dark ages, a hard landing and back to metals as money, or the typical Jim Rickards and others style claim that the system will go bust, they immediately initiate a new Bretton Woods, and right then the price of gold instantly goes from what it currently is to $10-80k with silver also at some astronomical number and life goes on.

I do not see any circumstance in which the system goes bust and bitcoin is in any way usable or has any type of value.  Metals are the Schelling point of money and what receive all the wealth transfer from, not shitcoins. There are also massive govts equipped with nuclear weapons like Russia and China who have already cast their vote and it's metals as well.  The only people attempting to push digital shitcoins are the Jewish occupied, western govts (who are being defeated left and right) with evil kikes like Larry Summers telling people to buy them (for their own good of course and definitely not some ulterior motive).
Nobody fucking uses metals to pay for anything. I throw most my coins away because they clutter up the wallet. And that's in the super rare event that I use cash at all.
bitebits
Legendary
*
Offline Offline

Activity: 1289
Merit: 1061


Bitcoin != exchange rate


View Profile
December 21, 2018, 05:11:13 PM

[...] super rare event that I use cash at all.

It is unfortunate how little financial privacy is valued these days, which is (currently) Bitcoin's Achilles heel as well. Very much encourage any privacy improvements in layer two solutions and side chains.
mindrust
Legendary
*
Offline Offline

Activity: 1456
Merit: 1411



View Profile
December 21, 2018, 05:17:46 PM

You must be straight retarded  if you are thinking that gold or silver coins will be used as a currency in the future.

It is not even worth explaining why it is impossible. My head just hurts while reading that dipshit's post. I wonder Why are people still quoting roach the retard?

Unless we invent the time machine and go back to 1800's or before, gold aint coming back. You can try to go back to 1800's by killing more than half of the earth population and the internet technology, banking system etc and only then people may use gold as a currency.
g-uid
Member
**
Offline Offline

Activity: 197
Merit: 12


View Profile
December 21, 2018, 05:36:15 PM
Merited by jojo69 (1)

You must be straight retarded  if you are thinking that gold or silver coins will be used as a currency in the future.

It is not even worth explaining why it is impossible. My head just hurts while reading that dipshit's post. I wonder Why are people still quoting roach the retard?

Unless we invent the time machine and go back to 1800's or before, gold aint coming back. You can try to go back to 1800's by killing more than half of the earth population and the internet technology, banking system etc and only then people may use gold as a currency.


Gold doesn't make you wealthy, it keeps you wealthy. Do you understand that?
kurious
Legendary
*
Offline Offline

Activity: 1792
Merit: 1220



View Profile
December 21, 2018, 05:38:55 PM

Just a little perspective for this year in 'other markets':

https://twitter.com/fiquant/status/1076118064079536128

'GLOBAL STOCK MARKET CAP LOSS SINCE JANUARY IS $16.7 TRILLION'

But what's a few trillion these days, eh?
kenzawak
Hero Member
*****
Offline Offline

Activity: 616
Merit: 798


I don't trade, someone's impersonating me on TG


View Profile
December 21, 2018, 05:39:56 PM
Merited by JayJuanGee (1), infofront (1)

Yesterday, Bitcoin had its biggest daily trade volume in its history

https://bitcoinist.com/reversal-bitcoin-biggest-volume-history/

https://twitter.com/CryptoQF/status/1075970010168778753/photo/1



micgoossens
Hero Member
*****
Offline Offline

Activity: 714
Merit: 2155


We Vegeta !!!!


View Profile
December 21, 2018, 05:53:23 PM

via Imgflip Meme Generator

r0ach? What do you think ..... we are IN or OUT?
bitChipper
Sr. Member
****
Offline Offline

Activity: 882
Merit: 290


View Profile
December 21, 2018, 06:03:08 PM

Whats the best source to learn about the lightning network?

Preferably one that is not too technical..plz
BobLawblaw
Legendary
*
Offline Offline

Activity: 1302
Merit: 1933


BitcoinTalk's Most Fabulously Gay Black Power-Top


View Profile
December 21, 2018, 06:11:56 PM
Merited by vapourminer (1), bones261 (1), jojo69 (1)

Whats the best source to learn about the lightning network?

1 ) Forget about any ideas of near-term profitability.
2 ) Pick a flavor. LND or c-lightning. (I personally run LND after starting out with c-lightning. LND seems more mature.)
3 ) RTFM. Twice.
4 ) Set everything up yourself, in whichever environment you are most comfortable with. Don't recommend docker.
5 ) Send a small amount of BTC to your LND node, that you are willing to lose (eg: 0.1 BTC), and jump in with both feet
6 ) Start establishing some small payment channels with mid-sized nodes. Don't touch them for a month.
7 ) Don't use autopilot. It's a waste of BTC.
8 ) Eventually learn that balancing channels is a complete shit-show at present.

That should be it in a nutshell.
VB1001
Sr. Member
****
Offline Offline

Activity: 252
Merit: 594


"Four Wheel Drive"


View Profile
December 21, 2018, 06:14:30 PM
Merited by BobLawblaw (1)

Whats the best source to learn about the lightning network?

Preferably one that is not too technical..plz

https://cryptopotato.com/what-is-lightning-network-beginners-guide/
dandannn
Full Member
***
Offline Offline

Activity: 242
Merit: 110


End of Line


View Profile
December 21, 2018, 06:15:10 PM
Merited by JayJuanGee (1), BobLawblaw (1)

Whats the best source to learn about the lightning network?

Preferably one that is not too technical..plz

http://lightning.network/how-it-works/

https://medium.com/@stadicus/noobs-guide-to-%EF%B8%8F-lightning%EF%B8%8F-on-a-raspberry-pi-f0ab7525586e

https://bitcointalk.org/index.php?topic=4638321.280

And if you want to take it a step further:

https://github.com/rootzoll/raspiblitz

Pages: « 1 ... 22133 22134 22135 22136 22137 22138 22139 22140 22141 22142 22143 22144 22145 22146 22147 22148 22149 22150 22151 22152 22153 22154 22155 22156 22157 22158 22159 22160 22161 22162 22163 22164 22165 22166 22167 22168 22169 22170 22171 22172 22173 22174 22175 22176 22177 22178 22179 22180 22181 22182 [22183] 22184 22185 22186 22187 22188 22189 22190 22191 22192 22193 22194 22195 22196 22197 22198 22199 22200 22201 22202 22203 22204 22205 22206 22207 22208 22209 22210 22211 22212 22213 22214 22215 22216 22217 22218 22219 22220 22221 22222 22223 22224 22225 22226 22227 22228 22229 22230 22231 22232 22233 ... 24203 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!