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

[P_Shep]

Out of interest does anybody (except jbreher) still own any BCH or SV?

I transferred all of my BCH into Bitcoin & spent it living like a king for just over 12 months.
(I don’t sell any of the Bitcoin I’ve bought myself but give me a break for wanting to enjoy the fruits of my labour here).

Obviously I got 0 SV because I had 0 BCH at the time of their shitfiri.

To my shame I do.
0.00000244 of each sitting on my bitfinex account

[realr0ach]

This dumb "stock to flow" poster guy Anonymint & Infofront are citing looks like he's lying about silver and gold to try and make Bitcoin look better.  There's more like 100,000 tons of silver around, NOT 500,000 as he claims.  So silver stock to flow is more like 4 instead of 22.  Although I didn't check his "flow" number, so even that might be off too.  His gold stock number is also WAY too high.  In other words, probably everything in that picture is incorrect.



It's also not even really possible to have valid flow figures in the first place for numerous reasons I won't go into.  Do you include the ETFs whose only reason for existing is to suppress price?  For all intents and purposes, someone trading a paper receipt of ownership for silver around is the same thing as physical flow.  The only purpose of the flow metric is to signify transfer of ownership, and that's what's occuring (doesn't matter if the ETF vaults are empty or gold plated tungsten).  He probably leaves all of that out solely to try and make Bitcoin look better.

[ChinkyEyes]

More than 100 shops and restaurants where you can pay through Lightning in Arnhem Bitcoin City (Netherlands) .

https://www.arnhembitcoinstad.nl/

Now in the rest of the country 
Rotterdam, den haag and Amsterdam

The Arnhem story is crazy imo, the city was already super Pro BTC years ago, damn that community was fast @the party!

It's great that a city has many merchants that accept Bitcoin, the only thing missing in this, is barely anyone is spending their Bitcoins to buy things. Everybody just in hodl mode. If we want true adoption start spending and paying for things in BTC.

[bitcoinPsycho]

More than 100 shops and restaurants where you can pay through Lightning in Arnhem Bitcoin City (Netherlands) .

https://www.arnhembitcoinstad.nl/

Now in the rest of the country 
Rotterdam, den haag and Amsterdam

The Arnhem story is crazy imo, the city was already super Pro BTC years ago, damn that community was fast @the party!

It's great that a city has many merchants that accept Bitcoin, the only thing missing in this, is barely anyone is spending their Bitcoins to buy things. Everybody just in hodl mode. If we want true adoption start spending and paying for things in BTC.

After you

[LFC_Bitcoin]

It's great that a city has many merchants that accept Bitcoin, the only thing missing in this, is barely anyone is spending their Bitcoins to buy things. Everybody just in hodl mode. If we want true adoption start spending and paying for things in BTC.

I’m going to be honest here - I’ve been invested in bitcoin (and constantly buying) since 2014.

I don’t think I’ve ever bought anything with bitcoin.

I mean I’ve gambled with bitcoin then sold some & rebought but I don’t think I’ve ever bought anything with bitcoin. I know I’ve never done it physically in a shop or something.

[realr0ach]

I’m going to be honest here - I’ve been invested in bitcoin (and constantly buying) since 2014.

I don’t think I’ve ever bought anything with bitcoin.

I mean I’ve gambled with bitcoin then sold some & rebought but I don’t think I’ve ever bought anything with bitcoin. I know I’ve never done it physically in a shop or something.

In other words, you are the posterboy for why Bitcoin is a bubble?

[HairyMaclairy]

It's great that a city has many merchants that accept Bitcoin, the only thing missing in this, is barely anyone is spending their Bitcoins to buy things. Everybody just in hodl mode. If we want true adoption start spending and paying for things in BTC.

I’m going to be honest here - I’ve been invested in bitcoin (and constantly buying) since 2014.

I don’t think I’ve ever bought anything with bitcoin.

I mean I’ve gambled with bitcoin then sold some & rebought but I don’t think I’ve ever bought anything with bitcoin. I know I’ve never done it physically in a shop or something.

https://www.airvpn.org/

They take Bitcoin.  And they are bloody good. Hopefully obvious why you would use Bitcoin and not your credit card.

[LFC_Bitcoin]

Saving that in favourites Hairy, thanks. Will have a look when I’m not on an iPhone.

[LFC_Bitcoin]

Shit I've spent too much, but it does help the holding during the bear market as the mentality is "fuck it, I've already gotten enough out of this investment even if it goes to zero" so the hodl strength is Strong.

Just looked at your registration date.....2012.....

I bet you bought a shit tonne of sickeningly cheap bitcoin’s back then ans/or mined)

[ChinkyEyes]

After you

I most definitely will, next time I visit Arnhem. The thing is when a merchant who accepts Bitcoin, has not received many transactions with BTC, they tend to forget the action required to make a Bitcoin payment. Which makes the whole process of paying with Bitcoin irl slow.

I’m going to be honest here - I’ve been invested in bitcoin (and constantly buying) since 2014.

I don’t think I’ve ever bought anything with bitcoin.

I mean I’ve gambled with bitcoin then sold some & rebought but I don’t think I’ve ever bought anything with bitcoin. I know I’ve never done it physically in a shop or something.

I think the majority of people in crypto have not done a real life transaction. I hope the app made by Jack Dorsey will help change this in USA at least.

[realr0ach]

https://www.airvpn.org/

They take Bitcoin.  And they are bloody good. Hopefully obvious why you would use Bitcoin and not your credit card.

If you don't recognize the authority of the govt to spy on you, how is that different from my non-recognition of the authority of the US govt on the merit of it's overrun with Jews and blacks, and white people refuse to be 'governed' by either group since:  blacks - incompetent.  Jews - thieves/murderers/scammers/chronic liars.  Like white people will ever accept the authority of Mulatto babboons like AOC? LOL.  She can go fuck herself.

[Woodie]

https://www.alfatop.me

It's great that a city has many merchants that accept Bitcoin, the only thing missing in this, is barely anyone is spending their Bitcoins to buy things. Everybody just in hodl mode. If we want true adoption start spending and paying for things in BTC.

~SNIP~

I mean I’ve gambled with bitcoin then sold some & rebought but I don’t think I’ve ever bought anything with bitcoin.

https://www.airvpn.org/

They take Bitcoin.  And they are bloody good. Hopefully obvious why you would use Bitcoin and not your credit card.

Still interested in spending your btc??
You can always add https://www.alfatop.me to your list if you need some mobile top up..
I just hope you are among the supported countries for this service. GL

Out of interest does anybody (except jbreher) still own any BCH or SV?

Team craig wright

[HairyMaclairy]

Non traceable (harder to trace) SIM cards is another great use case for Bitcoin

[LFC_Bitcoin]

https://www.alfatop.me

It's great that a city has many merchants that accept Bitcoin, the only thing missing in this, is barely anyone is spending their Bitcoins to buy things. Everybody just in hodl mode. If we want true adoption start spending and paying for things in BTC.

~SNIP~

I mean I’ve gambled with bitcoin then sold some & rebought but I don’t think I’ve ever bought anything with bitcoin.

https://www.airvpn.org/

They take Bitcoin.  And they are bloody good. Hopefully obvious why you would use Bitcoin and not your credit card.

Still interested in spending your btc??
You can always add https://www.alfatop.me to your list if you need some mobile top up..
I just hope you are among the supported countries for this service. GL

Out of interest does anybody (except jbreher) still own any BCH or SV?

Team craig wright

Thanks for the links bro, I might spend my signature campaign money or something but my HODO stash is going nowhere until 2022/22.



Much, much higher prices LOADING.....

[realr0ach]

Where is Trollgoossens when you need him?  Trollgoossens, do you agree with the Daily Stormer Game of Thrones review?  (I don't watch that shit)

https://dailystormer.name/feminist-pro-immigration-queen-killed-by-aryan-manlet-autistic-incel-assumes-the-throne/

[angel55]

It's great that a city has many merchants that accept Bitcoin, the only thing missing in this, is barely anyone is spending their Bitcoins to buy things. Everybody just in hodl mode. If we want true adoption start spending and paying for things in BTC.

I’m going to be honest here - I’ve been invested in bitcoin (and constantly buying) since 2014.

I don’t think I’ve ever bought anything with bitcoin.

I mean I’ve gambled with bitcoin then sold some & rebought but I don’t think I’ve ever bought anything with bitcoin. I know I’ve never done it physically in a shop or something.

I've bought many things online but to be perfectly honest its just too much of a hassle to use in real stores in my area.  Its usually an area that claims to accept btc but the cashier doesn't know how it works and has to get help from the owner, and the worst is if they make you wait for a confirmation even though it is a 10 dollar transaction.  Would rather just use my card and be in and out.

[Last of the V8s]

More tediouser than Game of Dragons
More bloodier than Deadwood
More fireworksier than Chinese New Year
More drugsier than The Wire
Duller than Soccer itself
Shinier than a Lamorghini
TV's latest sensation is
The Wall

current episode #2391x featuring
-old memes
-baby nazi
-aussie man bad
-fake coins, fake people
-merit circle jerk
-depressed gay intellectual
-soft pornos
-sex, trains, rockets, cats and dildos
-graphic pictures of lines going down and up
-people realising bitcoin is not for coffee or pizza - again

[gembitz]

More tediouser than Game of Dragons
More bloodier than Deadwood
More fireworksier than Chines New Year
More drugsier than The Wire
Duller than Soccer itself
Shinier than a Lamorghini
TV's latest sensation is
The Wall

current episode #2391x featuring
-old memes
-baby nazi
-aussie man bad
-fake coins, fake people
-merit circle jerk
-depressed gay intellectual
-soft pornos
-sex, trains, rockets, cats and dildos
-graphic pictures of lines going down and up
-people realising bitcoin is not for coffee or pizza - again

-hats weee

[Woodie]

~snip~

~snip~

I've bought many things online but to be perfectly honest its just too much of a hassle to use in real stores in my area.  Its usually an area that claims to accept btc but the cashier doesn't know how it works and has to get help from the owner, and the worst is if they make you wait for a confirmation even though it is a 10 dollar transaction.

You know what, that's a smart owner!
if you are going to go to a store and be economical on the fees, you pay the price... ''WYSIWYG''(what you spend is what you get)
The store owner might have had some bad experience with this and chose to go with the basics of waiting for atleast 1 confirmation, which is okay with me because you have to account for any possible double spending that can cancel out the first transaction and you are left with a negative 10 dollars. So better safe than sorry.

Would rather just use my card and be in and out.

Hope this doesn't count as advertising other service providers but wirex can save you with the same service as your visa or mastercard provider, just exchange you btc to fiat before getting to the store.

[HairyMaclairy]

The immutability of the 1MB blocksize still stands if we throw out the word "protocol". Satoshi knew that once he slipped that blocksize limit into the core client, it would be there forever, and become the de facto standard in all bitcoin software implementations. That's why Garzik and the others were opposed to it at the time. Satoshi said that it was temporary, but he knew enough about game theory to realize 1MB blocks would become a Schelling Point within the bitcoin network if it was left in the core client long enough.

I agree fully with the above but unfortunately the 1MB block size has already been abandoned when segwit was introduced. This wasn't a prerequisite of segwit at all so it's a real shame and a real danger of having set a precedent (at least in the minds of some) for another increase in the future.

I hope there will never be another increase as every increase exponentially reduces the effective security of the network.

Segwit was a soft fork not a hard fork. Nothing was abandoned as its all 100% backwards compatible