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

[Paashaas]

ETH has another hardfork scheduled in the coming days?

from what I understand (I don't follow this shitcoin) first I think was supposed to be Casper and that failed then Constantinople(?) and that turns out to have a unresolveable logic error that got it pulled at the last minute so (P)iece (O)f (S)Hit ETH is still just Piece of shit (L)ite right now.

Think about that marketing campaign from the past few years. They promised glitter and glamour, mountains of gold. Vitalik playing highground lecturing people how to make to best Blockchain. Rehasing PoS narrative.

And what do i see at the end of the day: half baked bullshit.

Jezus christ...even that simpel Domino pizza Lightning app is more promising that all ETH dApps combined

[JayJuanGee]

I concede that if you have a large financial stake in Bitcoin and are not running a full node, then you are a fool.  

Mentally, foolish me, I take back the merit that I just foolishly sent to your previous post, before I realized that I was a fool.

You have ruined my foolish free-rider mood.      

Well, that's like, just my opinion, man

I have returned your merit.  I hope we are square now. 

I was teasing a bit about my having had prematurely sent a merit to you because I was trying to exaggerate that I had sent such merit with a kind of consideration that we were largely on the same page regarding the node, mining, POW subject. 

Your earlier response seemed to have summarized an angle that I had been attempting to make in a better way than me, and so I thought that we were making a lot of the same points.  Sure, even though not necessary, the received merit did help my mood, a bit..... hahahahahaha   

By the way, I have already learned to put into practice some abilities to not become too preoccupied regarding what other people might think about me and my actions, whether they say it or not (directly or indirectly).  In this topic, I do believe that there are a variety of ways and abilities that people can choose to contribute or participate in bitcoin and the bitcoin system (or not to contribute/participate).

 Of course, some kinds of contribution/participation carry more weight in terms of control, policing, voting or monitoring bitcoin security, and also maybe differences in the mobility of some means of participation or even the technical abilities, skills and time might restrict the ability of various persons to run a node or to even know what the fuck a node is (and surely, I question if such people need to either run a node or to mine BTC in terms of what they are wanting to get from bitcoin and their weighing of the benefits and the risks of various kinds of participation that might we within their abilities and skillsets). 

Maybe the "foolish not to run a full node" is one of those acceptable differences of opinions to agree to disagree regarding what constitutes a fool and in what circumstances.  Likely, I have already outlined my position, sufficiently, in earlier posts, especially the concept that there are various ways for person to chose to benefit from the existence of a system such as bitcoin and there remains a decent amount of freedom in bitcoin that electively allows individuals discretion to choose the extent to which they participate in either attempts at governance or their participation in the policing of the BTC system including whether to run a node or to mine.... or just to speculate on hookers, blow and lambos with their BTC profits..

I find it a bit appalling for some folks to be suggesting that BTC hodler/accumulators have to engage in a certain kind of behavior such as mining or node running in order to either be full-fledged bitcoin citizen or a prudent bitcoin actor.

[HairyMaclairy]

All good.  I am teasing you a bit as well!

[jbreher]

Maybe it was intended to be, because it was already all it needed to be, and a damned sight better than a bastardized knockoff with a segwit poison pill.

I have followed through your arguments vs HM's. So it's pretty pointless to have this discussion.
I would probably believe such intentions, if they did not originate from a reputed con man.
Have you heard him express himself? Drug dealers on the streets are nicer.

Craig is not the coin. The coin is defined by the protocol. Period. Peeps is just peeps.

[Biodom]

...for some folks to be suggesting that BTC hodler/accumulators have to engage in a certain kind of behavior such as mining or node running in order to either be full-fledged bitcoin citizen or a prudent bitcoin actor.

you can be a prudent bitcoin actor by holding btc.
you cannot be a bitcoin citizen (which votes) without mining and/or node running.

extending your analogy a bit, those who simply hodl could be compared to US green card holders: basically all (or almost all) rights, but NO voting rights.

[jbreher]

Well, from a protocol aspect, SV does have more in common with the original Bitcoin protocol than does BTC.

#justsayin'

SV is highly centralised with a small handful of insiders who control it

False. It is no more centralized than any other major crypto.

Like all Bcash forks, it was strip mined to shit with the Emergency Difficulty Adjustment on launch

'Strip mined to shit'?. Right. Gimme that in percentage terms. And tell me the measurable down side that you seem to imply.

A centralised, strip mined fork is a long way from 'Satoshi's Vision', whatever that is supposed to mean

Good thing you're describing something other than SV.

I am not going to argue with you about it because I have better things to do

Yet you just did. Or rather just swooped in to sling shit. For you have not addressed in your reply the point I made. To wit: from a protocol aspect, SV does have more in common with the original Bitcoin protocol than does BTC.

[jbreher]

Problem is that nocoiners and the new crypto enthusiast will fall for this scams and they will buy into bCash before even introduced to the real Bitcoin.

Well, from a protocol aspect, SV does have more in common with the original Bitcoin protocol than does BTC.

#justsayin'

still pumping (supposedly defending) bcash, trash?    #yeahright

Just making a point. Do you wish to argue the contrary view? Again: from a protocol aspect, SV does have more in common with the original Bitcoin protocol than does BTC.

[HairyMaclairy]

I must have been unclear when I said I wasn’t going to discuss it with you because you have got big old bags and only talk your book

[JayJuanGee]

...for some folks to be suggesting that BTC hodler/accumulators have to engage in a certain kind of behavior such as mining or node running in order to either be full-fledged bitcoin citizen or a prudent bitcoin actor.

you can be a prudent bitcoin actor by holding btc.
you cannot be a bitcoin citizen (which votes) without mining and/or node running.

extending your analogy a bit, those who simply hodl could be compared to US green card holders: basically all (or almost all) rights, but NO voting rights.

Fair enough for the clarification, yet you seem to be assuming that such voting serves as some kind of preferable way of going about bitcoining. 

We can agree to disagree since I have already suggested that there remain a lot of ways to partake in bitcoining and to benefit from BTC price appreciation without engaging in such governance or control partaking, and such persons would not be lesser people for their choice to refrain from btc governance, control, policing and/or security. 

Currently there are probably a whole hell of a lot less than 5% of bitcoiners who run nodes, mine or in any way participate in activities related to such, and bitcoin is still doing quite well.. seems to me.. and those less than 5% of bitcoiners can choose to increase their activities, or not.. their choice, and if they choose not to increase their activities in regards to running nodes, they may, by choice, have more time to enjoy their preferred activities of hookers, blow and lambos, perhaps?   

[jbreher]

don’t really understand why people are waiting to see 20k price levels so soon.

Because we'll be above $100K some time in the next two years, and we can't get there without crossing the previous ATH.

[jbreher]

was considering to publicly announce that everytime a fuckin´big blocker posts in the WO thread I will order a casa node.

Where are you going to stack them all?

[JayJuanGee]

Problem is that nocoiners and the new crypto enthusiast will fall for this scams and they will buy into bCash before even introduced to the real Bitcoin.

Well, from a protocol aspect, SV does have more in common with the original Bitcoin protocol than does BTC.

#justsayin'

still pumping (supposedly defending) bcash, trash?    #yeahright

Just making a point. Do you wish to argue the contrary view? Again: from a protocol aspect, SV does have more in common with the original Bitcoin protocol than does BTC.

Let me give you the benefit of the doubt in regards to your "original vision" claims.  Even if true, such supposed alignment with bitcoin's original vision is not going to make any kind of impact if the shit does not work because the vast majority of the community (more than 95%) has moved on to various upgrades, which seems to be the case in regards to where bitcoin is at today versus bcash sv... 

[JayJuanGee]

I must have been unclear when I said I wasn’t going to discuss it with you because you have got big old bags and only talk your book

Hopefully, there is someone out there to pump that shit for jbreher (oh jbreher is that someone).

[jbreher]

Yeh lets abandon the Bitcoin Network and jump on xrp version 2 lightning network (LN) instead.

I beg your pardon ?

Lightning IS Bitcoin.

Lightning transactions are not on chain, so they are therefore not Bitcoin transactions. So if LN txs are not Bitcoin txs, it follows that ...

I'm not trying to claim that LN is useless. It will likely have benefits for some limited applications. But to pin BTC's future on it when simpler methods were available... smh.

[jojo69]

[nikauforest]

Does anyone want a Bitmain coupon for 65$ and 160 USD ? ( Good to March 31 )  I am not buying any equipment at this time.
PM me and I will transfer it free to the first person.

[hisslyness]

Yeh lets abandon the Bitcoin Network and jump on xrp version 2 lightning network (LN) instead.

I beg your pardon ?

Lightning IS Bitcoin.

Lightning transactions are not on chain, so they are therefore not Bitcoin transactions. So if LN txs are not Bitcoin txs, it follows that ...

I'm not trying to claim that LN is useless. It will likely have benefits for some limited applications. But to pin BTC's future on it when simpler methods were available... smh.

Going to have to pull you up on that one mate... LN Opens and Closed channel onchain. therefore they are BTC transactions.

On another note, i don't know why people are discounting LN. This is some awesome development/technology. What you see now may be different in 5 -10 years from now, there alot of smart people with forward thinking minds.

[vroom]

Yeh lets abandon the Bitcoin Network and jump on xrp version 2 lightning network (LN) instead.

I beg your pardon ?

Lightning IS Bitcoin.

Lightning transactions are not on chain, so they are therefore not Bitcoin transactions. So if LN txs are not Bitcoin txs, it follows that ...

I'm not trying to claim that LN is useless. It will likely have benefits for some limited applications. But to pin BTC's future on it when simpler methods were available... smh.

Going to have to pull you up on that one mate... LN Opens and Closed channel onchain. therefore they are BTC transactions.

On another note, i don't know why people are discounting LN. This is some awesome development/technology. What you see now may be different in 5 -10 years from now, there alot of smart people with forward thinking minds.

these people are anti segwit and pro bcash. you can not take them serious, just ignore them.

[hisslyness]

Yeh lets abandon the Bitcoin Network and jump on xrp version 2 lightning network (LN) instead.

I beg your pardon ?

Lightning IS Bitcoin.

Lightning transactions are not on chain, so they are therefore not Bitcoin transactions. So if LN txs are not Bitcoin txs, it follows that ...

I'm not trying to claim that LN is useless. It will likely have benefits for some limited applications. But to pin BTC's future on it when simpler methods were available... smh.

Going to have to pull you up on that one mate... LN Opens and Closed channel onchain. therefore they are BTC transactions.

On another note, i don't know why people are discounting LN. This is some awesome development/technology. What you see now may be different in 5 -10 years from now, there alot of smart people with forward thinking minds.

these people are anti segwit and pro bcash. you can not take them serious, just ignore them.

That's the thing with Technology. It is meant to evolve.

[kludzins]

Yeh lets abandon the Bitcoin Network and jump on xrp version 2 lightning network (LN) instead.

I beg your pardon ?

Lightning IS Bitcoin.

Lightning transactions are not on chain, so they are therefore not Bitcoin transactions. So if LN txs are not Bitcoin txs, it follows that ...

I'm not trying to claim that LN is useless. It will likely have benefits for some limited applications. But to pin BTC's future on it when simpler methods were available... smh.

Going to have to pull you up on that one mate... LN Opens and Closed channel onchain. therefore they are BTC transactions.

On another note, i don't know why people are discounting LN. This is some awesome development/technology. What you see now may be different in 5 -10 years from now, there alot of smart people with forward thinking minds.

these people are anti segwit and pro bcash. you can not take them serious, just ignore them.

That's the thing with Technology. It is meant to evolve.

Yeah right, add space rocket on horseback