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

[jbreher]

https://i.imgur.com/3n8iHZQ.png

Not your Node
Not Bitcoin

Sure, it's pithy. But WTF does that even mean?

It's a good hook to remember that you can have your own Full Node.

Hmm. I guess some people need reminding. I guess.

OTOH, still is a nonsensical way of going about it. I note that you have not divulged what it _means_. Grammatically incomplete, if nothing else.

It means dear bear, exactly what you think.  No private keys...no bitcoin. Why are you so unfailingly obtuse? You take some perverse pleasure in making people actually think?

I have nearly-invariably found that making people actually think is usually good policy, and often leads to dispelling false axioms.

Yeah, I get 'No private keys... no bitcoin'. That makes perfect sense. Now draw me the link between "your Node" and "private keys".

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[jbreher]

Block: 572731
created Time   2019-04-22 07:10:42
Received Time   2019-04-22 07:10:42
https://www.blockchain.com/btc/block-height/572731

Block: 572732
created Time   2019-04-22 07:10:33
Received Time   2019-04-22 07:10:33
https://www.blockchain.com/btc/block-height/572732

Latter block but early time how it is possible? How 572732 created 9 seconds ago of 572731?

Timestamps are not absolute. Clocks drift, and the protocol allows for a limited amount of slip before considering a block invalid.

[El duderino_]

People in Bitcoin love to talk about separating signal from noise but get caught up in the noisiest, short-term drama creating, clout chasing, bullshit nonsense that will have no effect on Bitcoin in the long-term.

Do less.

https://twitter.com/MartyBent/status/1120131246166818818

[jbreher]

I am convinced that cryptocurrency is not used for money laundring, I am convinced that cryptos users are not laundering money.

I am convinced that you are somewhat naive. I don't believe that the use of crypto for money laundering is pervasive, but I'd be rather astonished to learn that it just plain does not occur.

Of course, I also believe that 'money laundering' laws criminalize perfectly legitimate behavior, and are a travesty of justice. Not to mention a huge burden on society, and an illegitimate excuse for all sorts of surveillance (i.e., spying) usurpations of rights.

[VB1001]

Attacking again, I do not put the ice dildo, it melts with such a temperature.

Lets go!!! BTCitcoin.

[El duderino_]

Hey,           


To the missing HODL-member-brothers, where I have been spending a long and fruitful time with as a true BTC'er, and will be spending lots of time with in the future... I just hope the missing REG's of the WO-thread could leave a feedback/comment in my MS application thread (read the thread and leave an honest opinion, pos. or neg.) I really do appreciate the effort of going out the WO- sanctuary and take a minute of time for me..... ( I do miss a few real OG-bro's)


https://bitcointalk.org/index.php?topic=5132225.msg50619911#msg50619911

THX, your BTC-Mic

[LFC_Bitcoin]

Ok, here we go.....

[Phil_S]

Second attack on 5400?

Not going to succeed, I presume.

[BTCMILLIONAIRE]

Second attack on 5400?

Not going to succeed, I presume.

So would you say it is not an optimal time to 80x long?

[jbreher]

Great interview on the What Bitcoin Did podcast: https://www.whatbitcoindid.com/podcast/peter-rizuns-lightning-critique-fud-or-fair

I assume a number of you will summarily dismiss this, rushing to judgement before examining the evidence. But for the open-minded, certainly worth a listen.

I am truly looking forward to the necessitated responses from the LN-faithful. Well, to the extent that such responses be substantive. If this conversation carries forward in a respectful manner, we may all learn a thing or two.

edit: Incidentally, this has been 'Lightning Month' on What Bitcoin Did. Quite a few good installments, each focusing on a different aspect of Lightning.

Well. since it's not Wednesday I guess I'll engage for a second.

Peter Rizun is firmly in the large block camp, and while there are questions over his previous thoughts and work, he is technical, and he offers a harsh eye over the Lightning Network. Yes, Peter’s approach has a bias, he wants the Lightning Network to fail to support his vision of larger blocks, but does this make his claims invalid?

As I pointed out to McCormack, there is nothing in the interview (or other utterances of Rizun's of which I am aware) that supports the claim that Rizun "wants the Lightning Network to fail". Expects, maybe. Maybe 'has significant limitations that prevents it from delivering on its promises'. But 'wants'? Just no.

Possibly and probably as I didn't see anything to the ability to add dynamic blocks, nor make a change at a later date as the current size is doing just fine overall.

Possibly and probably makes his claims invalid? I don't follow. His claims within the interview are limited to five specific fundamental flaws of the LN. Care to divulge what dynamic blocks or projected future changes might do to invalidate his claims?

I don't know why everything has to get boiled to a binary choice, it is never black and white, the world is full of degrees and certainly nothing is ever perfect except for that one chick in that one moment in time and then well we know where that goes.

+1 WOmerit for imagery.

[jbreher]

I am dumping this BSV and holy shit, jbreher this thing sucks, I have been waiting over an hour and a half for 5 confirmations. How slow are these damn blocks?

Haha, wait till they get reorged and orphaned.

Txs don't get orphaned. If the block they were initially included in gets orphaned, those txs are included in a subsequent block.

[Phil_S]

Second attack on 5400?

Not going to succeed, I presume.

So would you say it is not an optimal time to 80x long?

I'm not a trader...

Yeah, I see folks talk about leverage, but I still have no idea what that is, nor how it works.

[fabiorem]

Second attack on 5400?

Not going to succeed, I presume.

So would you say it is not an optimal time to 80x long?

I'm not a trader...

Yeah, I see folks talk about leverage, but I still have no idea what that is, nor how it works.

Leverage is when you take a loan to buy more of the asset than you can.

[Last of the V8s]

https://youtu.be/4YS2dD_PeJ8

[rebal15]

Morningzzz!

JJG is up & the kernel upgrade is looking great.

r0achie is also up from the basement, looking sex deprived as usual, having successfully completed a two week wank-all-you-can marathon.

rebal15..., well you know I'm a fan.

Another paid shill who knows nothing. Paid shill are people paid to do or say something even it has no sense and can't questioning. I think WO is a not for BTC business. paid shills, go to street to promote BTC even it is possible you are not investing in BTC.

[jbreher]

You Can Now Shop With Bitcoin on Amazon Using Lightning

Bitcoin spenders can now use the lightning network to shop at e-commerce sites like Amazon.
Crypto payment processing startup Moon announced today that any lightning-enabled wallet can now also be used through Moon’s browser extension.
Before this lightning feature, roughly 250 beta users already used Moon to spend crypto on e-commerce sites by connecting the browser extension to exchange accounts like Coinbase.

https://www.coindesk.com/you-can-now-shop-with-bitcoin-on-amazon-using-lightning

Interesting. I'd like to know more about what it means to "connect[ing] the browser extension to exchange accounts like Coinbase".

[mindrust]

Guys... I can't help it, I am about to FOMO again. I was going to sit the fuck down and watch but I bought another $200 today.

Fuck it. Fuck Tone Vays too. I am going back to my original plan.

(From small DCA'ing (~$200-300) to medium DCA'ing. Means Min. $1k Max. $2k Puchase/month)

 

[El duderino_]

Morningzzz!

JJG is up & the kernel upgrade is looking great.

r0achie is also up from the basement, looking sex deprived as usual, having successfully completed a two week wank-all-you-can marathon.

rebal15..., well you know I'm a fan.

Another paid shill who knows nothing. Paid shill are people paid to do or say something even it has no sense and can't questioning. I think WO is a not for BTC business. paid shills, go to street to promote BTC even it is possible you are not investing in BTC.

Just why are you in this WO-mix?? You obviously not a BTC, just another F*** that doesn't know anything about BTC, doesn't own BTC, very very maybe a few super sh*t-alts @its best, so why bothering yourself with being here, as you can just play a video game, watch some tv or taking a walk outside the house or whatever, but the BIG ? ....... why being here

[bitcoinPsycho]

Second attack on 5400?

Not going to succeed, I presume.

So would you say it is not an optimal time to 80x long?

I'm not a trader...

Yeah, I see folks talk about leverage, but I still have no idea what that is, nor how it works.

Leverage is when you take a loan to buy more of the asset than you can.

Leverage is crypto roulette

[bitcoinPsycho]

Morningzzz!

JJG is up & the kernel upgrade is looking great.

r0achie is also up from the basement, looking sex deprived as usual, having successfully completed a two week wank-all-you-can marathon.

rebal15..., well you know I'm a fan.

Another paid shill who knows nothing. Paid shill are people paid to do or say something even it has no sense and can't questioning. I think WO is a not for BTC business. paid shills, go to street to promote BTC even it is possible you are not investing in BTC.

Just why are you in this WO-mix?? You obviously not a BTC, just another F*** that doesn't know anything about BTC, doesn't own BTC, very very maybe a few super sh*t-alts @its best, so why bothering yourself with being here, as you can just play a video game, watch some tv or taking a walk outside the house or whatever, but the BIG ? ....... why being here

It what happens when you sell the dip and not got the balls to buy back