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Question: What year will we achieve a new ATH?
2019 - 36 (27.5%)
2020 - 54 (41.2%)
2021 - 31 (23.7%)
2022 - 5 (3.8%)
2023 - 1 (0.8%)
Never - 4 (3.1%)
Total Voters: 131

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21175592 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.)
jbreher
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lose: unfind ... loose: untight


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February 26, 2019, 09:08:09 PM

Bitcoin is Processing Fewer Payments Per Month Than It Was in 2016

https://www.longhash.com/news/bitcoin-is-processing-fewer-payments-per-month-than-it-was-in-2016



yes because of LN. Grin

EDIT: LN is off-chain and you cannot measure numbers. within a channel payments are not visible.

Hey, Gyrsur - you seem LN conversant. Maybe you can help me with something I've been puzzling over. 1ML (https://1ml.com/statistics) publishes something they call 'Updated Channels (24h)'. Are you aware of a definition of this term?

It means that some of the channel parameters have changed over the past 24 hours. Most of the time it is the capacity that changes - for example it could increase.

So... is it a count of on-chain txs made on the behalf of LN channels?

No it is a change in parameters, width of the pipe rather than how much water flows through the pipe.

And this parameter change is accomplished without making an on-chain tx?
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Cryptotourist
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https://youtu.be/snILjFUkk_A


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February 26, 2019, 09:15:03 PM

Hate to say it but I think we are gonna test 3400 again soon.  Undecided Still a bull market though and new lows will not be happening imho.

Just know that when you Bears start to have your picnic https://www.youtube.com/watch?v=dZANKFxrcKU and start having your dreams of 1500 and 2k, we will come in with strong hands to slay you all.  Kiss


Bull mother of God, did you get a knock on the head or something?

Am I the only one thinking we will retest $4200 in the coming week?
Full retard mode ON of course. Grin

Next time you are out of hopium dude, just ask for some ffs.


bitserve
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HODL.


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February 26, 2019, 09:29:27 PM

Bitcoin is Processing Fewer Payments Per Month Than It Was in 2016

https://www.longhash.com/news/bitcoin-is-processing-fewer-payments-per-month-than-it-was-in-2016



yes because of LN. Grin

EDIT: LN is off-chain and you cannot measure numbers. within a channel payments are not visible.

Hey, Gyrsur - you seem LN conversant. Maybe you can help me with something I've been puzzling over. 1ML (https://1ml.com/statistics) publishes something they call 'Updated Channels (24h)'. Are you aware of a definition of this term?

It means that some of the channel parameters have changed over the past 24 hours. Most of the time it is the capacity that changes - for example it could increase.

So... is it a count of on-chain txs made on the behalf of LN channels?

No it is a change in parameters, width of the pipe rather than how much water flows through the pipe.

And this parameter change is accomplished without making an on-chain tx?

Wonderful, aint't it? Smiley
Lambie Slayer
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February 26, 2019, 09:30:39 PM

Hate to say it but I think we are gonna test 3400 again soon.  Undecided Still a bull market though and new lows will not be happening imho.

Just know that when you Bears start to have your picnic https://www.youtube.com/watch?v=dZANKFxrcKU and start having your dreams of 1500 and 2k, we will come in with strong hands to slay you all.  Kiss


Bull mother of God, did you get a knock on the head or something?

Am I the only one thinking we will retest $4200 in the coming week?
Full retard mode ON of course. Grin

Next time you are out of hopium dude, just ask for some ffs.




Lol, thanks i need some, my dealer got arrested so I gotta get a new connect.

Puff pufff pass.  Cool

73 days in our new Bull Market and all is well Smiley
infofront
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February 26, 2019, 09:55:26 PM


Bitcoin is almost in a class of its own in terms of having value simply by existing. Everything else has to have some kind of technological advantage.

One glaring exception is UNO. A rare trading pattern if ever there was one and consistently gaining on BTC in value. Now at 50% of it's ATH in $USD (that performance would put BTC at $9k) and starting to break out of its trading lane against BTC. Not too easy to get hold of, but still easier than it will be in 2120 by which time it will be 106 years old Wink

Immense ! The fine art market of crypto.




GTFO
Globb0
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Send bitcoin for sex


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February 26, 2019, 09:55:56 PM

Fuck today I found out I managed myself out of a job. Bummer.

Still the team I established and organised will go on to great things.

Some tough irony in how much I have fought to keep that together.

No problem, I go back into the resource pool, lots of demand for this old looser. Wink


lol


they let you go?? F*** how is that possible ....
hope you get something new and exciting right away

Yeah no worries, just my move to higher up in group comes without me  Cool  hahahaha    fs

This is a success really (ignoring the management opinion), I created and organised a team who has gone on to become great leaders and organisers in their own right.

they will continue on to be very successful. I am offered to "wrestle back control"  from them.   :/

That is in opposition to all the agile development principles I uphold and the beautiful thing we have forged together. I shall not do so! I expect them to want to grow more if anything, right?

I shall gracefully stand down and move on to work with a new group of individuals on some city or gubbermint project and what will be will be. no worries.

Thanks for the supporting comments.

Takes a big man. Or a big woman. Good on ya.

Thank you





Last of the V8s
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Be a bank.


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February 26, 2019, 10:02:56 PM

cAPSLOCK
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UNLEASH THE FURY!


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February 26, 2019, 10:05:56 PM
Merited by Last of the V8s (1)


Shill baggity talk bags, talking my book, baggity shillburger gimongous shitcoin. Shillington bagsticles.  Blah blah, seriously you should buy some of this dumpster fire, shill bagging, oh and CRAP!, bags, shill shilling. Shill baggity talk bags, talking my book, baggity shillburger gimongous shitcoin. Shillington bagsticles.  Blah blah, seriously you should buy some of this garbage heap, shill bagging, oh and DASH!, bags, shill shilling.


GTFO

Man... he really is one of the top shillers.
kurious
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February 26, 2019, 10:16:12 PM

Fuck today I found out I managed myself out of a job. Bummer.

Still the team I established and organised will go on to great things.

Some tough irony in how much I have fought to keep that together.

No problem, I go back into the resource pool, lots of demand for this old looser. Wink


lol


Hey Globbo, respect.  Short term it may seem like a bad call - but it isn't.  You think independently and do the right thing.  It's a struggle and may seem unrewarded, but you are a better man and will find yourself justly rewarded in the end.

Do it right, don't sell out and people who want to work with best will find you.

It's a rare quality, one that is precious and hard to find. Walk tall.

Gyrsur
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#BEL+++


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February 26, 2019, 10:17:06 PM

Bitcoin is Processing Fewer Payments Per Month Than It Was in 2016

https://www.longhash.com/news/bitcoin-is-processing-fewer-payments-per-month-than-it-was-in-2016



yes because of LN. Grin

EDIT: LN is off-chain and you cannot measure numbers. within a channel payments are not visible.

Hey, Gyrsur - you seem LN conversant. Maybe you can help me with something I've been puzzling over. 1ML (https://1ml.com/statistics) publishes something they call 'Updated Channels (24h)'. Are you aware of a definition of this term?

It means that some of the channel parameters have changed over the past 24 hours. Most of the time it is the capacity that changes - for example it could increase.

So... is it a count of on-chain txs made on the behalf of LN channels?

No it is a change in parameters, width of the pipe rather than how much water flows through the pipe.

And this parameter change is accomplished without making an on-chain tx?

it seems possible w/o an on-chain tx according to the LND documentation.

Channel updates are thus fully trustless. When making an update, both parties exchange the secrets for the prior state, so that all prior states will have been revoked except for the current state. Both parties will never broadcast an old state, because they know the other party can take all their money if they do so.

EDIT: this whole Lightning thing is a very (f***ing) complicated approach. no wonder that the Big Blockers don't like it. it's not easy to understand but it seems the right direction to scale Bitcoin.
Last of the V8s
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Be a bank.


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February 26, 2019, 10:22:06 PM
Merited by BobLawblaw (2)

Well Ripple couldn't save us. It's all gone to shit. Can't even be bothered to be apathetic any more. I'm going to have a long hot bath. In gin.
toknormal
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February 26, 2019, 10:27:31 PM


Man... he really is one of the top shillers.

For a good reason. If it weren't for altcoins, bitcoin would not be able to achieve the growth it does - nor sustain it. If you monitor dominance correlation with marketcap you'll see that the the buttressing of the entire crypto market feeds into bitcoin's long term growth. So it's a symbiotic relationship, not a parasitical one.

Where do you think PC's would be today if nobody had ever entered the computing sector other than IBM ? You'd still be typing machine code into a teletype terminal. If you were lucky you might have advanced to a wooden cased mouse.

Sh*coins are the bow wave of this market even though bitcoin may be the ballast. (They're also a far faster way to earn bitcoin than buying bitcoin Wink )
Arriemoller
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February 26, 2019, 10:36:13 PM

*snip*



Sig ad files above the sig?  

I hope this ain't the future... Sort of bad form, old chap? Nothing personal, just I love it that sig ads are not visible in here.

apologies! just added the sig ad for posts of the Bitcoin Big-Mac-Index which is a project I'm working on and to reach a balanced cost history there.

If I post comments and other stuff here I won't add the sig ad manually to my posts.

Don't want to be an asshole, more so when it doesn't really bothers me... but please take in mind that it could be considered some sort of rule evasion. Sigs are not visible in this thread for a reason (probably in exchange of our generous and more relaxed special posting rules, such as multiposting). Maybe you should ask theymos for permission/clarification?


P.S.: In a completely unrelated topic: HAPPY BIRTHDAY ARRI!

Thank you very much.
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what is this "brake pedal" you speak of?


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February 26, 2019, 10:52:45 PM

Fuck today I found out I managed myself out of a job. Bummer.

Still the team I established and organised will go on to great things.

Some tough irony in how much I have fought to keep that together.

No problem, I go back into the resource pool, lots of demand for this old looser. Wink


lol


they let you go?? F*** how is that possible ....
hope you get something new and exciting right away

Yeah no worries, just my move to higher up in group comes without me  Cool  hahahaha    fs

This is a success really (ignoring the management opinion), I created and organised a team who has gone on to become great leaders and organisers in their own right.

they will continue on to be very successful. I am offered to "wrestle back control"  from them.   :/

That is in opposition to all the agile development principles I uphold and the beautiful thing we have forged together. I shall not do so! I expect them to want to grow more if anything, right?

I shall gracefully stand down and move on to work with a new group of individuals on some city or gubbermint project and what will be will be. no worries.

Thanks for the supporting comments.

its things like this that define who you are. and you have defined yourself as one of the best with this attitude.

respect.
jojo69
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no FOMO


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February 26, 2019, 10:55:17 PM


well if animated hats become a thing i will have to make an exception. naturally WO hats are of prime importance.

animated hats are a thing
Arriemoller
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February 26, 2019, 11:08:33 PM

Fuck today I found out I managed myself out of a job. Bummer.

Still the team I established and organised will go on to great things.

Some tough irony in how much I have fought to keep that together.

No problem, I go back into the resource pool, lots of demand for this old looser. Wink


lol


they let you go?? F*** how is that possible ....
hope you get something new and exciting right away

Yeah no worries, just my move to higher up in group comes without me  Cool  hahahaha    fs

This is a success really (ignoring the management opinion), I created and organised a team who has gone on to become great leaders and organisers in their own right.

they will continue on to be very successful. I am offered to "wrestle back control"  from them.   :/

That is in opposition to all the agile development principles I uphold and the beautiful thing we have forged together. I shall not do so! I expect them to want to grow more if anything, right?

I shall gracefully stand down and move on to work with a new group of individuals on some city or gubbermint project and what will be will be. no worries.

Thanks for the supporting comments.

Takes a big man. Or a big woman. Good on ya.

Thank you







I was going to write something supportive, but I'm too sick to write and think, but the meds are nice. Go Globb0 maybe?
vapourminer
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what is this "brake pedal" you speak of?


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February 26, 2019, 11:08:57 PM


well if animated hats become a thing i will have to make an exception. naturally WO hats are of prime importance.

animated hats are a thing

yeah i forgot that cool hat with the moving eyeball.

rats. back to the drawing board.

guess ill set them to play once for now as a stopgap.
Gyrsur
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February 26, 2019, 11:12:47 PM


well if animated hats become a thing i will have to make an exception. naturally WO hats are of prime importance.

animated hats are a thing

yeah i forgot that cool hat with the moving eyeball.

rats. back to the drawing board.

guess ill set them to play once for now as a stopgap.

do not delete and resubmit your post, dude. I want to have the last word in the Irish Pub. Grin
Arriemoller
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February 26, 2019, 11:16:01 PM

O fuck, my whole body is hurting, was gonna write akes, but I don't know how to spell that. Except for my left leg, go figure.
 I'm going back to bed,hope it's gone by tomorrow or I'll have to go to the rheuma department of the hospital, or what ever it's called. Nighty night.
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February 26, 2019, 11:18:45 PM

I'm apparently not supposed to operate heavy machinery, sorry, back to bed.
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