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Question: Dec. 14 Closing Price:
<$6,000 - 7 (11.7%)
$6,000-$6,500 - 3 (5%)
$6,500-$7,000 - 5 (8.3%)
$7,000-$7,500 - 7 (11.7%)
$7,500-$8,000 - 12 (20%)
$8,000-$8,500 - 10 (16.7%)
$8,500-$9,000 - 3 (5%)
>$9,000 - 13 (21.7%)
Total Voters: 60

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21453921 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. (136 posts by 30 users deleted.)
Last of the V8s
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April 25, 2019, 04:16:01 PM

^this

In other words, the odds of Last of the V8 winning his bet are on the cusp of going against him... sucks to be poor (V8).
You would know Wink

I had big hopes for the VanEck/SolidX ETF but it seems to have disappeared without a trace now after they pulled it themselves.

The US gov is shit scared of approving a bitcoin ETF.
They did re-apply. afair we've got midsummer dates for that one and 1 other, then end of October for the final showdown.
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jbreher
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lose: unfind ... loose: untight


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April 25, 2019, 04:16:21 PM



blackle.com used to be a good solution. Looks, however, that they have not implemented https tho.
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April 25, 2019, 04:21:21 PM


blackle.com used to be a good solution. Looks, however, that they have not implemented https tho.
Google x Brave?
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April 25, 2019, 04:23:06 PM


Kraken not the most liquid of markets
1.6k btc sold with 20% slippage

...market not affected
...stink bids?
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April 25, 2019, 04:26:02 PM



blackle.com used to be a good solution. Looks, however, that they have not implemented https tho.

Blackle uses Google Custom Search.
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April 25, 2019, 04:33:17 PM



https://blog.btcpayserver.org/how-to-accept-bitcoin-donations/
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April 25, 2019, 04:41:01 PM

Meh, a bunch of corporations farting out permissioned blockchains does not a mass adoption movement make.
They just don't get it to they? They'll all jump on it like their own version won't be shit but it just is.

The fuck would you need a Crypto for with Nike?
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April 25, 2019, 04:44:30 PM


blackle.com used to be a good solution. Looks, however, that they have not implemented https tho.
Google x Brave?
I have started using brave but I figured it gains enough marketshare Google will find another way to track. They probably are already.
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April 25, 2019, 04:46:57 PM
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Meh, a bunch of corporations farting out permissioned blockchains does not a mass adoption movement make.
They just don't get it to they? They'll all jump on it like their own version won't be shit but it just is.

The fuck would you need a Crypto for with Nike?

They just think they can sell moonboots to moonboys (at markup). Nothing more.
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April 25, 2019, 04:48:36 PM

Meh, a bunch of corporations farting out permissioned blockchains does not a mass adoption movement make.
They just don't get it to they? They'll all jump on it like their own version won't be shit but it just is.

The fuck would you need a Crypto for with Nike?

They just think they can sell moonboots to moonboys (at markup). Nothing more.
Those dweebs will already buy anything I guess an excuse for a higher price is just that.
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April 25, 2019, 04:55:48 PM


https://twitter.com/WhalePanda/status/1121394012362104832

A small mess with KYC if you want to send the rewards. Wink
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April 25, 2019, 04:58:02 PM
Merited by Paashaas (1)

https://www.reddit.com/r/Bitcoin/comments/bha10i/bitcoins_from_the_bitfinex_hack_2016_moved_today/


meanwhile a useful toy

https://github.com/Whalepool/Bitfinex-Long-vs-Short
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April 25, 2019, 05:09:37 PM
Last edit: April 25, 2019, 05:44:39 PM by BTCMILLIONAIRE


blackle.com used to be a good solution. Looks, however, that they have not implemented https tho.
Google x Brave?
I have started using brave but I figured it gains enough marketshare Google will find another way to track. They probably are already.
The good old rat race. I'm sure Brave or some other company will be able to screw Google out of their new way to track when time comes. The only way Google can remain relevant in the long-term is by making ads and tracking opt-in and compensated.
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April 25, 2019, 05:14:15 PM
Last edit: April 25, 2019, 05:44:47 PM by BTCMILLIONAIRE


https://twitter.com/WhalePanda/status/1121394012362104832

A small mess with KYC if you want to send the rewards. Wink
First thing I found was that KYC is required for publishers and content creators, e.g. those that get tipped by Brave users. Using KYC for that is a no brainer, otherwise anybody can claim anyone's tips.



Edit: Looks like anyone who wants to withdraw BAT out of the Brave ecosystem needs to KYC for now due to AML horseshit. They hinted at the possibility of avoiding this issue by future decentralized custodial services.


https://www.reddit.com/r/BATProject/comments/9qgt4k/will_brave_ads_have_kyc_to_claim_tokens/e89k4oz/
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This is fine ;D


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April 25, 2019, 05:16:26 PM

Today is good, we have news of the NEW 007 movie Smiley
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How much alt coin diversification is needed? 0%?


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April 25, 2019, 05:41:49 PM
Merited by Paashaas (1)

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

Quote
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

Cool. Thanks. Will listen.

So I got around to listening to the Stephan Livera podcast featuring Joost Jager. If this is what serves as comprehensive rebuttal to Rizun’s points, you might want to start worrying about the efficacy of LN. Of course, this is just response from a single LN dev, who may not have prepared to discuss Rizun’s ‘Five Fundamental Flaws of LN’. The first half of the interview covered Jager’s work on loop in/out.

For the record, the following is my restatement as best I concisely can of Rizun’s ‘Five Fundamental Flaws of LN’:

1) Lightning scales txs not users
2) Friction in layer 1 leaks into layer 2
3) Routing failures are inevitable
4) Much trapped liquidity in the system
5) Running a non-custodial wallet is more cumbersome than onchain

And the following is my brief capture of the points made by host and guest on these points. These are very brief - I would suggest listening to the podcast yourself to get the full flavor. The numbers on each point correspond to my impression which of Rizun’s FFFoLN are being referred to. YEs, these are sketchy outlines of their discussion. Again, listen to the podcast for in depth info devoid of my spin (which I have tried to avoid). In roughly chronological order:

SL (stating Rizun’s points):
2) variability of fees cause problems at the Lightning layer
5) drive too much custodial wallet use
JJ:
5) very true at the moment - decentralized solutions are hard - just early - lot of work to do
   don’t see why fundamentally it won’t work to automate cumbersome parts
SL:
1) hard to onboard users - LN scales txs, not users - over time, not enough UTXOs for each person to be sovereign; think this can be solved via multiparty txs
JJ:
1) good problem to have
SL:
2) can’t we just wait for fees to come down?
JJ:
2) yes
SL:
2) Friction from layer 1 can cause problems on layer 1
JJ:
2) have no answer - if need to post cancel on chain at $1000 fee, that’s a problem
SL:
2) Stop and Decrypt says that fees only go up in USD value, not BTC
5) Need to be online to receive payment
JJ:
5) who is not always online?
5) permanent uptime at home, mobile client as a remote control to that server
5) maybe create some sort of mailbox which would hold payment until online
SL:
some can be solved by engineering
2) just make the retaliation window sizable
3) problem finding route with sufficient liquidity
JJ:
3) perhaps reputation can inform routing - this would increase success percentage
SL:
3) what about mobile phones needing to route? Does phone require entire graph?
JJ:
3) reputational routing might lead to many channels being private to guard reputation, this will reduce size of routing graph
3) hybrid - whitelisted/blacklisted nodes - weakens decentralization, but may work for mobile
SL:
4) trapped liquidity
4) but loop will help
JJ:
4) yes, loop can help inbound liquidity (seems to misunderstand the issue as only transactional -ed)
4) perhaps inbound liquidity may be provided at no cost
SL:
Rizun skeptical this complexity cannot be abstracted away
I think SPV is overly romanticized - holding onto UX that is infeasible in long term
JJ:
The question may be whether onchain is viable in the long term
LN is inherently complex, onchain is easier
SL:
Last thoughts?
JJ:
In general, it’s pretty early - huge fees are speculative; 4B people to use? LN solves a current problem
Would like to see a killer app that LN uniquely solves. Micro tx space would be likely as unique value.
Would like to improve payment reliability

——

All in all, as a rebuttal to Rizun’s FFFoLN, I find this unpersuasive in the extreme. While I am already a known LN skeptic, I see nothing in the above that contradicts a single one of Rizun’s points.

Perhaps I should just wait until the next contender arrives to dispel Rizun’s FFFoLN?  Dunno. But as I said earlier, if all my eggs were in the Lightning basket, I be starting to get scared about now.

As you likely know, no one has any burden to rebutt Rizun.  If Rizun or any other lightning hater does not like lightning, they can either not use it or go build something better.

Furthermore, all of bitcoins eggs are not in the lightning basket, so fuck off with those kinds of accusations.  Bitcoin is going to continue to work, whether lightning is successful or not.  Lighting network happens to be one of many developments in bitcoin, albiet lightning is a fairly BIG development in bitcoin, it is not the only thing going on in bitcoin.. it provides one option that is still being worked upon... and still seems to be in decently early stages of adoption and development.

In essence we already realize that Rizun and co, are just attempting to pump their own inferior shit that includes scaling on chain bullshit... good luck with that.
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April 25, 2019, 05:48:02 PM


https://twitter.com/Cointelegraph/status/1121464174062649345

Richard Keary  ETF Consultant and founder of Global ETF Advisors LLC
Gabor Gurbacs Digital Asset Strategist/Director at VanEck
David Yermack Professor and Chair of the Finance Department at NYU Stern School of Business
Hester Peirce   SEC Commissioner

https://www.youtube.com/watch?v=aU2nd5aDoXw&feature=youtu.be
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This is fine ;D


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April 25, 2019, 06:07:09 PM
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https://twitter.com/nvk/status/1121456458846097408
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How much alt coin diversification is needed? 0%?


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April 25, 2019, 06:20:20 PM

sorry guys

I'm fucking grumpy today

What else is new?

People who live in glass houses shouldn’t throw stones



You must have me mixed up with someone else.

I don't get emotional nor do i tend to share emotional details in this thread (or forum).  Oh, you might consider that my tone or the strength of my language might become strong from time to time, but don't be mixing up strength of language or tone with emotions.


sorry guys

I'm fucking grumpy today

What else is new?

I applaud you for dutifully reading the backlog of posts from your, rather lengthy, absence.  

Actually reading the fucking thread goes a long way with me.

Sometimes, I do kick myself for reading back too many posts, and sometimes there is a need to skim some of the posts, especially when trying to catch up 60 or more pages of backlog.  My current backlog has been brought down to about 15 pages... which I should be able to get back to current, today (even though I have quite a few projects in the coming weeks, but those projects are not as removed from the internet as my last week's projects).
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April 25, 2019, 06:20:35 PM

lol at monero
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