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

[JSRAW]

@Bob you can try Gipfy as well, its very easy there. you can trim video, add effect,text etc

I blow $700 a year on the goddamned Adobe Creative Cloud package, I figure I should learn how to properly do it in PS.

That's the thing I hate about the Adobe CC products. If you want to "lease" more than two Adobe products a year, it makes sense to me to just buy the entire fucking suite at the prices they charge.

Sheeeit.

I am just hoping that you didn't bought the licence for just creating gif if not then all good.

If yes then please use giphy with gipfy you can create gif with your phone too

I never subscribe with any Adobe software so don't have any idea. only time I bought the licence for sculpting software "Zbrush" was in last year 2018 and its for professional use. it was cheap and got the deal with btc payment


Autodesk pricing is sick as fuck, only studios can afford their pricing.

[hodl_2015]

Lol, count yourself lucky you don't need autodesk products

People only think they need adsk products.

[infofront]

https://twitter.com/100trillionusd/status/1120265384932859904?s=21
#bitcoin stock-to-flow model is a power law (BTC$ = 0.4*SF^3).

This means SF change vs BTC$ change is constant: SF 2x = BTC$ 8x .. all the way from $0.01 to $10,000 .. and possibly to $100k and $1mln etc


Omg every tweet by PlanB is Gold.
I would also to say that he can write so much better than me what I “feel”.
Pure gold.

I have to admit thou, that even in the wildest dream of hyperbitcoinisation I cannot see BTC to USD 3,200,000. This would imply a massive USD devaluation: can the world be with a sort of Venezuelan Bolivar?

He's awesome.
He mentions that the model price should hold for the 2020 halving, and maybe the 2024 halving. Beyond that, it's uncertain.

...dont extrapolate any model too far out. I think it will hold another one or two maybe three halvings, after that market value in $ becomes a little crazy.

[infofront]

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.

https://stephanlivera.com/episode/68

Joost Jager, Lightning Network Infrastructure Engineer at Lightning Labs, joins me in this episode to talk about Lightning Loop Out and In. We also discuss some of the recent criticisms of the Lightning Network by Peter Rizun. We talk:

    How Lightning Loop helps you manage inbound liquidity, or pay with BTC on chain to get outgoing capacity on a lightning channel
    Practical uses of Lightning Loop technology
    Some of the technicals behind how Lightning Loop works e.g. hodlinvoice
    Thoughts and responses to Peter Rizun’s criticisms of the Lightning Network

[JSRAW]

Lol, count yourself lucky you don't need autodesk products

People only think they need adsk products.

some autodesk product are good for their use case and friendly viewport.

For example : Maya compare this with Softimage Xsi ( now autodesk product) and Blender

They are cheap and free but studios don't prefer them.

Softimage Xsi is only used by Japanese, they are moving towards other 3d software as well.

Blender(free) is for only freelancers and handful studio use them in regular base.

[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".

[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.