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

[jbreher]

Never sacrifice security for something pitiful like "low fees" "small blocks".

^^^ FTFY.

[1714947614]

1714947614

[crypmike]

This is so important... rly?  

Lmao, this is gold 🤣I've never seen such ridiculous tweets from any CEO..

[kenzawak]

A restaurant in Barcelona :

[jbreher]

I don't mindlessly support Luke's 300kb blocks neither. I just wanted to point out his angle.

Dashjr has been spewing his insane 'smaller blocks' schpiel since years. It dovetails neatly right between his insistence that the sun circles the earth, and his conviction that it is not immoral to summarily execute every human that does not believe his exact picture of magic sky fairy.

[El duderino_]

Never sacrifice security for something pitiful like "low fees" "small blocks".

^^^ FTFY.

via Imgflip Meme Generator

[Last of the V8s]

[crypmike]

[jbreher]

The BIG blockers were neither coming from a good place,

Same place as you, mon frere.

nor did they have justification

All the justification needed. How soon you forget: Censorless. Permissionless.

nor genuine motives

Absolute twaddle.

for their dumb-ass talking points.

Which, of course, is why they needed to be purged from public discourse by the high priests of the Bitcoin information venues.

[El duderino_]

If you don’t have a deep understanding of:

1. What money is
2. Functions of money
3. Monetary history
4. Money properties that fulfill its various functions

Then don’t you dare criticize Bitcoin.
https://twitter.com/alecziupsnys/status/1095092744337453061?s=21

And the more you learn about those 4 things, the more you realize bitcoin was designed by people who know what the hell they're doing.

[jbreher]

You still have to download and verify the blockchain first before you prune it.

Correct me if I am wrong.

Well, I don't know the current situation, but some years ago, gmax stated that core no longer verifies back to the genesis block, relying instead upon a centralized checkpoint as 'good enough'. Still downloaded, just not verified. Weird.

[El duderino_]

Early into HODLspace

Good night Observers of the Wall ........

[ivomm]

What is so special about this price (3600$ Bitstamp and 3700$ Bitfinex) that we sit here for 1 month?!? Is this some major resistance that will turn the tide or what? What are the buyers waiting for - another bart? It is silly and greedy to wait with cash for a few % more at this ridiculous price. Well, at least the buy support to 3200$ increased significantly. Do these "buyers" realy believe their bids will be fulfilled:

[criptix]

What is so special about this price (3600$ Bitstamp and 3700$ Bitfinex) that we sit here for 1 month?!? Is this some major resistance that will turn the tide or what? What are the buyers waiting for - another bart? It is silly and greedy to wait with cash for a few % more at this ridiculous price. Well, at least the buy support to 3200$ increased significantly. Do these "buyers" realy believe their bids will be fulfilled:

Most people are still scared because the bear market COULD still go one more -50%.

People need to regain trust again, which will start the accumulation phase.

If the accumulation phase is over then we will transition into the next bull run.


Imho we will probaly have the next bull run starting in around 20+ months

[JayJuanGee]

It's .3x... hahahahahaha

[HairyMaclairy]

You still have to download and verify the blockchain first before you prune it.

Correct me if I am wrong.

Well, I don't know the current situation, but some years ago, gmax stated that core no longer verifies back to the genesis block, relying instead upon a centralized checkpoint as 'good enough'. Still downloaded, just not verified. Weird.

FUD unless properly sourced.

[HairyMaclairy]

We need to be careful guys.

Arguing against 300kb blocks is playing right into the big blockers hands. 

The real argument is about maintaining stability of the protocol unless there is a really good reason to change it.  And there arent good reasons on either the big or little side. 

[Bitcoinaire]

It would be nice to see some follow through with this last price jump.

[xhomerx10]

It's .3x... hahahahahaha

 Hey, he's a milliner's apprentice so you should cut him some slack. 

[bones261]

It would be nice to see some follow through with this last price jump.

It appears that the follow through is going in the wrong direction at the moment.  

[Ibian]

Thinking about starting a youtube channel. As I mentioned the other day, the mouse utopia mirrors current world events too much to simply write it off as coincidence. There is so much crazy shit happening every day that could be interpreted in that light, I'd never run out of material.