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

[JayJuanGee]

I'm calling Bitcoin post count parity some time in 2024. Whether that Bitcoin be BTC, BCH, or SV is an open question.

I think the next FOMO pile-in is going to make evident to the world the weaknesses of the Core-ian approach to scaling. The other forks (hewing more closely to Satoshi's inspired design) will be there to pick up the slack.

Incidentally, while BTC is up 14+% in the last 24 hours, BCH is up over 27% in the same time frame.

Yes, SV is lagging at 11+%. ::sigh::

Oh my fucking god.  You are either sick or delusional to still be having those kinds of illusions of grandeur in respect to those two shitty-ass bcash projects.

Still unanswered: How LN is going to help when Layer 1 is already clogged to the point of uselessness.

We will cross that bridge when we get there.  

I have decent confidence regarding whatever developments are taking place on bitcoin and its various layer 2 solutions.

For example, it seems to me that there is no need to build a 200 lane road for 2 lanes of usage, and therefore bitcoin is likely to continue to adequately grow as its usage grows.

In other words, Bitcoin is doing fine in terms of various preparations that combine layer 1 and layer 2 and of course, continued ongoing development that is beyond the ability of many laypersons to understand their significances, but both layer 1 and layer 2 developments continue in bitcoin, so I am not sure why you want to keep pumping your bcash crap as if it provided some kind of meaningful/technical advancement over bitcoin when bcash variants are mere ongoing sham-scam attack vector projects... that are largely smoke and mirrors imitations rather than innovative developments.

[nutildah]

I'm calling Bitcoin post count parity some time in 2024. Whether that Bitcoin be BTC, BCH, or SV is an open question.

I think the next FOMO pile-in is going to make evident to the world the weaknesses of the Core-ian approach to scaling. The other forks (hewing more closely to Satoshi's inspired design) will be there to pick up the slack.

Incidentally, while BTC is up 14+% in the last 24 hours, BCH is up over 27% in the same time frame.

Yes, SV is lagging at 11+%. ::sigh::

Oh my fucking god.  You are either sick or delusional to still be having those kinds of illusions of grandeur in respect to those two shitty-ass bcash projects.

Still unanswered: How LN is going to help when Layer 1 is already clogged to the point of uselessness.

That's simple. First of all, your scenario has never happened. The blockchain has never been "clogged to the point of uselessness." That doesn't make any more sense than nobody going to a restaurant anymore because its too crowded.

But let's say BTC again skyrockets and the median transaction fee goes up to $10. This means people will be incentivized to use Lightning and do as much LN transacting as possible before a channel must be closed.

During the entirety of the bear market Lightning has been preparing itself for exactly such an occurrence, all the while its critics were talking about how it will harm miners and is unsafe to use. Meanwhile its grown in leaps and bounds, and will continue to grow the higher BTC goes.

Incidentally, while BTC is up 14+% in the last 24 hours, BCH is up over 27% in the same time frame.

Bitcoin's rising tide lifts all altcoins, which tend to go up higher because they are considered to be more risky investments. This has always been the case. BCH and SV aren't rising on their own merits. I suspect they will continue to lose positions in the CMC ranking because their primary marketing tactic continues to be confusing newcomers into thinking they are "the real bitcoin." Its been a failure for them so far and there's no reason to believe that will change in the future.

Put yourself in the shoes of the average business owner who is still skeptical of cryptocurrency and is only beginning to consider adopting BTC for their business... Then along comes this chatter about how BCH and SV are better, and they look into it, only to discover that now they have to learn how to use and install 2 more wallets that aren't compatible with BTC, in the hopes that they will have customers who want to pay in BCH and SV. Largely, nobody still wants to pay in BTC, so there's little chance they're going through the hassle of bothering with coins that are not _actually_ bitcoin.

[Toxic2040]

I'm calling Bitcoin post count parity some time in 2024. Whether that Bitcoin be BTC, BCH, or SV is an open question.

I think the next FOMO pile-in is going to make evident to the world the weaknesses of the Core-ian approach to scaling. The other forks (hewing more closely to Satoshi's inspired design) will be there to pick up the slack.

Incidentally, while BTC is up 14+% in the last 24 hours, BCH is up over 27% in the same time frame.

Yes, SV is lagging at 11+%. ::sigh::

Oh my fucking god.  You are either sick or delusional to still be having those kinds of illusions of grandeur in respect to those two shitty-ass bcash projects.

Still unanswered: How LN is going to help when Layer 1 is already clogged to the point of uselessness.

1st bit..lol..literally. Middle part just opinion. This last bit is out right lies.

I will just follow with this.

"You are a sad, strange little man and you have my pity."

"Farewell."

[kenzawak]

[goldkingcoiner]

Takeoff!!! Hang on to your coins, we are about to break through the stratosphere!!!

"We" gonna 80x this one?  go bitcoin go

The gods of luck say no.

[JayJuanGee]

Takeoff!!! Hang on to your coins, we are about to break through the stratosphere!!!

"We" gonna 80x this one?  go bitcoin go

The gods of luck say no.

Hahahahahaha...   I say GREAT!!! 

Maintain your reason and don't get too greedy.  We can get rich in bitcoin without any stinky 80x...

go bitcoin go.!!!

[JSRAW]

raised

~Edited Out~

Tell your friends about Bitcoin

(Edit: And preach like a Gospel, Bhagwad Geeta, Kuran or God is not great. Be a Bitcoin missionary, Bitcoin Yogi, Bitcoin Mullah, Bitcoin Christopher Hitchens)

PS : Sorry if it already been shared.

https://twitter.com/Josh_Rager/status/1113095229102407680

The thing is, governments don't want fiat to be a store of value, they want debt, loans and fees everywhere. That way they get taxes on it all too.

True, but in the longer run, Fiat storage doesn't make sense and not a benefiting move IMHO. any economist guy can explain more clearly and in details here.

[LFC_Bitcoin]

Takeoff!!! Hang on to your coins, we are about to break through the stratosphere!!!

"We" gonna 80x this one?  go bitcoin go

The gods of luck say no.

Hahahahahaha...   I say GREAT!!! 

Maintain your reason and don't get too greedy.  We can get rich in bitcoin without any stinky 80x...

go bitcoin go.!!!

I’ll settle for a modest 10 - 20 x increase JJG

[starmman]

About time - that bear had us on the ropes for way too long LOL

[DaRude]

...

Incidentally, while BTC is up 14+% in the last 24 hours, BCH is up over 27% in the same time frame.

Bitcoin's rising tide lifts all altcoins, which tend to go up higher because they are considered to be more risky investments. This has always been the case. BCH and SV aren't rising on their own merits. I suspect they will continue to lose positions in the CMC ranking because their primary marketing tactic continues to be confusing newcomers into thinking they are "the real bitcoin." Its been a failure for them so far and there's no reason to believe that will change in the future.

Put yourself in the shoes of the average business owner who is still skeptical of cryptocurrency and is only beginning to consider adopting BTC for their business... Then along comes this chatter about how BCH and SV are better, and they look into it, only to discover that now they have to learn how to use and install 2 more wallets that aren't compatible with BTC, in the hopes that they will have customers who want to pay in BCH and SV. Largely, nobody still wants to pay in BTC, so there's little chance they're going through the hassle of bothering with coins that are not _actually_ bitcoin.

With "low" stagnant BTC prices bitmain doesn't have the profits to prop up bcash, so bcash was being priced to go bye bye into the night. Unfortunately BTC going up gives bitmain fatter margins to continue keeping its pet project afloat, so bcash shorts got burned this time around. Gambling on shitcoins being leveraged BTC will burn a lot of "traders".

[JayJuanGee]

Takeoff!!! Hang on to your coins, we are about to break through the stratosphere!!!

"We" gonna 80x this one?  go bitcoin go

The gods of luck say no.

Hahahahahaha...   I say GREAT!!! 

Maintain your reason and don't get too greedy.  We can get rich in bitcoin without any stinky 80x...

go bitcoin go.!!!

I’ll settle for a modest 10 - 20 x increase JJG

Exactamente!!!!!

Who needs 80x when 10-20x will make an already decent amount of Richie?

On the other hand, NOT going to complain if 80x comes.

[LFC_Bitcoin]

Takeoff!!! Hang on to your coins, we are about to break through the stratosphere!!!

"We" gonna 80x this one?  go bitcoin go

The gods of luck say no.

Hahahahahaha...   I say GREAT!!! 

Maintain your reason and don't get too greedy.  We can get rich in bitcoin without any stinky 80x...

go bitcoin go.!!!

I’ll settle for a modest 10 - 20 x increase JJG

Exactamente!!!!!

Who needs 80x when 10-20x will make an already decent amount of Richie?

On the other hand, NOT going to complain if 80x comes.

80 x I’m going to eat precious stones so I shit diamonds bruh!

[JSRAW]

@LFC
Bro, I know it's just figure of speech but watch out what you wish for :p

Howz your eye BTW,  All good?

EDIT

I wish I never went in the first place now

But it seems I’m ok. It’s not nice being referred to consultant/surgeons though without being told why.

Edit - Thanks for caring

hehe, glad to hear that it turn out the normal case and everything is okay, that's all matters in the end. we all wish the same for you, green candles look more beautiful with both eyes

[LFC_Bitcoin]

@LFC
Bro, I know it's just figure of speech but watch out what you wish for :p

Howz your eye BTW,  All good?

Man, I went for my eye test to get a prescription (glasses for reading/driving etc) & they sent me to a specialist for ‘unknown vision restrictions’. I was scared & worrying about all sorts of things for a week.

I went to the eye hospital yesterday to see a consultant & he basically said I’ve got a slightly lazy eye. He’s sending me to a specialist for eye balancing so it looks like a load of worrying tor nothing.

And I have to go back to a normal optician to do a standard test to sort myself some glasses/contact lenses today.

I wish I never went in the first place now

But it seems I’m ok. It’s not nice being referred to consultant/surgeons though without being told why.

Edit - Thanks for caring

[Globb0]

 

[El duderino_]

I know which of those two assets I’d rather have

r0ach does as well, we all know who's the better investor.....



Btw where is my favorite TROLL, the house-TROLL of the WO, our little pet?

right, crying some eyes out, forgot his on that tour again, and that after such a low difference of price +-5K.
what is he gonna do @ 10-ATH-double ATH-6-dig- and the very unknown after ??

also good morning WO's, morning was late for me today, still around 10 pages to catch UP.

[vroom]

nice try google photos

[Globb0]

Creepy they are "checking" your photos

[kenzawak]

Bitcoin and Friends : VLOG #2 / Roger's Choice

https://www.youtube.com/watch?v=6SjKzzFe0YE




For those who haven't watched this series yet, it's pretty weird but also sometimes very funny.

[BitcoinGirl.Club]

Bitcoin!!!!!!!!!!!!!!!!!!!!!!!!!!!!!






Good morning.

Thanks bitcoin for another exciting day to start.

We are nearly there to get $5k. weeeeeeeeeeeeeeeeeeeeee!