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Question: Will we close Nov. at or above Plan B's posited minimum of $98K?
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25492457 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. (158 posts by 14 users with 9 merit deleted.)
jbreher
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February 20, 2019, 04:16:51 PM

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.

Not only the opening and closing are BTC transactions... but also each micropayment within the channels are done with BTC transactions which each channel partner can put on-chain.

No. Only the aggregate state can be put on-chain. (Which, of course, opens up a host of potential attacks.) Not each channel tx.
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jbreher
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February 20, 2019, 04:20:44 PM

I think Jbreher is still upset computers moved to those newfangled transistor things from valves.
Even those he had to be convinced about. Relays did the job ok.

Again, you have no fucking idea. Without the work I have done over the last few decades (and continue to do), your computer -- the one you are using right now, be it phone, laptop, workstation, or mainframe -- would operate differently than it does today. From moments after flipping the power switch until shutdown, there is a piece of my brain that your computer is utterly dependent upon.

Valves are for guitar amps. And radio transmitters.
bitcoinPsycho
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THE NEXT 2.4 YEARS ARE CRITICAL🍄💊


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February 20, 2019, 04:20:57 PM

BitcoinGirl.Club
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Quote me if you want a response


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February 20, 2019, 04:21:45 PM

"Bloomberg Hilariously Reports JP Morgan’s Fake Cryptocurrency is Boosting Bitcoin’s Price"
Is this even real?

Quote
JPMorgan Just Killed the Bitcoin Dream.

Quote
JPMorgan’s Alternative to Bitcoin.

I wonder about their general knowledge LOL

https://www.ccn.com/jp-morgans-fake-cryptocurrency-is-boosting-bitcoin-price
bitcoinPsycho
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February 20, 2019, 04:22:19 PM
Merited by jojo69 (1)

I think Jbreher is still upset computers moved to those newfangled transistor things from valves.
Even those he had to be convinced about. Relays did the job ok.

Again, you have no fucking idea. Without the work I have done over the last few decades (and continue to do), your computer -- the one you are using right now, be it phone, laptop, workstation, or mainframe -- would operate differently than it does today. From moments after flipping the power switch until shutdown, there is a piece of my brain that your computer is utterly dependent upon.

Valves are for guitar amps. And radio transmitters.
So it's your fault
Biodom
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February 20, 2019, 04:22:23 PM

...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.


You are wrong. You can vote with your feet.

If you don't like something you can dump all the coins.



That's not voting, this is like having a fit of rage in a public place.
It would have ZERO affect on bitcoin protocol.
Ver did it, Bitmain did it-all for nothing. Their dumping did not affect btc at all, only made it stronger.
d_eddie
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February 20, 2019, 04:22:44 PM

Just no. The opening and the closing are Bitcoin transactions. All the in-channel transactions are NOT Bitcoin transactions. Sorry. This should be obvious.
Right, not on-chain transactions.

Quote
The galling thing is that the underlying base protocol was intentionally crippled in order to implement LN. The fact that such crippling wasn't even necessary only adds insult to injury, and calls into question the motives and wisdom of those who advocated for such.
In order to build on the basic protocol, fixing transaction malleability was long overdue. It could have been done some other way, right. Or things could have been left broken, as is the case for some shitcoins.
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February 20, 2019, 04:26:01 PM

hmmmmm

using tiny imperfections in a chip's silicon to generate key entropy

interesting

https://www.eurekalert.org/pub_releases/2019-02/ru-rur022019.php

How can you be against PUF technology?

Nice catch.

+1 WOsMerit

Quote
Considering that some experts expect Earth to pass the threshold of 1 trillion internet-connected sensors within five years, there is growing pressure to improve the security of IoT devices.

Quote
The difference between transistors can amount to a few more atoms in one or a few less in another, but those miniscule differences are enough to produce the electronic fingerprints used to make PUF keys.

--------------
I shall now channel righteous logic and formidable eloquence to engage our erstwhile antagonist..
 
Bear...stfu and just buy the dip!
jbreher
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February 20, 2019, 04:28:34 PM

gee

aren't boobs great?
https://i.imgur.com/bXEP2Vr.png
indeed sometimes they are a girl's saving grace

I'll see your Svetlana Miljus and raise you an Anna Semenovich.

You're welcome.
jbreher
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February 20, 2019, 04:29:49 PM

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

Sure, but it is represented by a person/entity or - more precisely - by a team of people under that entity.
In our case Bcash SV's ambassador, is that fucking greedy sorry excuse of a (con) man.
So greedy that he can't even do that properly. Totally abased.

'Represented'. Right. Seems the meanings of 'permissionless' and 'decentralized' has escaped yet another's attention.
Cryptotourist
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Homo Sapiens Bitcoinerthalensis


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February 20, 2019, 04:32:40 PM


Again, you have no fucking idea. Without the work I have done over the last few decades (and continue to do), your computer -- the one you are using right now, be it phone, laptop, workstation, or mainframe -- would operate differently than it does today. From moments after flipping the power switch until shutdown, there is a piece of my brain that your computer is utterly dependent upon.


It's the second time you mention that - so far as I'm aware.
We can agree that you are smart.

Don't want to dox you or anything, but I would like to know something more specific than that if possible.
Care to elaborate?
Cryptotourist
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February 20, 2019, 04:33:48 PM

'Represented'. Right. Seems the meanings of 'permissionless' and 'decentralized' has escaped yet another's attention.

No they haven't. Can't say that for Craig.
jbreher
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February 20, 2019, 04:38:36 PM

[jbreher] So this bcash shill, big block fanboy who tries to tell naive folks in bitcoin forums they should abandon their valuable btc and buy this scammy shitcoin is still around here? Either completely masochistic or - much more likely - paid shill. I wonder how many of those who believed the ongoing misleading, scammy posts of this shill have lost money because they bought worthless bcash.
and even after all his arguments are proven to be misleading/false, even after loosing all the battles, even after the split, even after complete defeat, he still comes back in here and keeps shilling with the same lame arguments that weren´t true the first few rounds. shame on this guy. doesn´t seem to have even the slightest trace of honor in him. very sad. why the fuck he isn´t posting in bcash forums, why here? paid. disgusting.

i dont recall jbreher ever saying to dump btc for bcash_lol, at least here in WO. he has made a choice based on his understanding of the protocols and potential advantages. hes well aware of the potential use cases of each. and hes one of the smarter people here and at least understands both sides.

now, i dumped my bcash_lol except for a small amount im to lazy to do anything with. im a 100% believer btc.

please note im not defending jbreher, he is perfectly capable of defending himself fine. i just think your post comes across as crass, misleading and generally unbecoming of a WO participant.


Thanks for the injection of reality. I appreciate it.
jbreher
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February 20, 2019, 04:39:16 PM

hereby reserving the right to be crass and to be generally unbecoming

Well, yeah. But we would expect no less from you.
jbreher
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February 20, 2019, 04:40:50 PM

BCH is still a top 10 coin with over $500m in daily trading volume

You trying to NOT win WO thread friends, angel55?  

Do you wish to argue the facts asserted, JJG, or do you just want to sling shit?
Thanks a fucking lot, you know JJG is going to post a 13 paragraph post of just rambling and bullshit now. Did you really have to bait him like this?

Umm... sorry?
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February 20, 2019, 04:47:38 PM

Tesla nails it again. My cookies are now more safer.


(volume warning)
https://www.youtube.com/watch?v=vTueNRDLSCQ

jbreher
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February 20, 2019, 04:49:55 PM


Thanks for the paywall avoidance link.

Best quote:

Quote
Regulators' advance: The Financial Stability Board (FSB) — a who's who of regulators from the powerful G20 countries — has become the latest watchdog to sound the alarm about Big Tech's potential impact on financial stability. The FSB warned last week that tech firms could “materially alter” financial services, creating stability risks as incumbents take chances to keep up.

(emphasis added)
jbreher
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February 20, 2019, 04:51:56 PM

BCH is still a top 10 coin with over $500m in daily trading volume

You trying to NOT win WO thread friends, angel55?  

Do you wish to argue the facts asserted, JJG, or do you just want to sling shit?

There is no need for me to argue off topic issues in this thread, right?  

Need? No - no need, per se.

Though if you wish to respond directly to someone's post, most would it expect it to have something to do with that quoted post.
becoin
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February 20, 2019, 04:53:37 PM

Bitcoin Bitmain Cash = Bcash = Bitmain shares without voting and dividend rights.
jbreher is a cunt. Nothing to see here. Move on!
JayJuanGee
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ESG, KYC & AML are attack vectors on Bitcoin


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February 20, 2019, 04:57:55 PM

BCH is still a top 10 coin with over $500m in daily trading volume

You trying to NOT win WO thread friends, angel55?  

Do you wish to argue the facts asserted, JJG, or do you just want to sling shit?

There is no need for me to argue off topic issues in this thread, right?  

Need? No - no need, per se.

Though if you wish to respond directly to someone's post, most would it expect it to have something to do with that quoted post.


Part of the point, remains, who gives a ratt's ass about what position bcash and various shitcoins are on the coinmarketcap list?  It is not too relevant to this thread unless there is some kind of an attempt to connect it with bitcoin.  Of course, bcash shills and trolls would like to make those kinds of relevancy claims just because there was a fork.. but that is NOT enough.... we have had nearly a year and a half of separation from that bcash forkening, and it has proven to be a altcoin attack vector against bitcoin at best that includes a bunch of misleading bullshit that does not need to be discussed here (especially not praised and pumped), especially when there are more important ongoing happenings in bitcoin... including that those bcash forks, like I already asserted many times are ongoing bitcoin attack vectors.
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