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

[jbreher]

Looks like Forbes is trying to vaguely link Libra and BTC again.
https://www.forbes.com/sites/billybambrough/2019/07/23/blow-to-bitcoin-as-top-accountants-make-serious-facebook-warning/#3f9c67874a32

I'm having a hard time taking that article seriously, what with all the shoe-throwing going on. I thought that was limited to an insult in the Muslim world.

The bitcoin price, up some 200% so far this year, has somewhat recovered after a terrible 2018 largely due to interest in bitcoin and cryptocurrencies from some of the world's biggest tech companies, including social media giant Facebook which unveiled its planned libra cryptocurrency project last month and is scheduled for release some time in 2020—if the sandal-hit company can convince regulators of its merits.

[JayJuanGee]

A new "country" is planning to launch its digital currency.

Palestine Plans Digital Currency to End Israel Shekel Dependency

Months after Palestine’s current government was sworn in, the prime minister has revealed plans to develop a cryptocurrency meant to reduce dependence on Israel.

According to the Anadolu Agency, Palestinian Prime Minister Mohammad Shtayyeh stated that the digital currency will assist the territory to overcome the challenges currently being experienced as a result of the overreliance on the Israeli shekel.

https://www.ccn.com/news/palestine-digital-currency-end-dependence-israel/2019/07/23/

Why not figure out a way to use (and accordingly stock up on) bitcoin, for fuck sake? 

rather than printing your own likely to be bullshit scamcoin?  Maybe we have to see if they produce anything of value, rather than what seems to be the smoke and mirror scams that countries have so far attempted to create in the alleged crypto space.

[serveria.com]

Dirty WO minds...

That is hot.

I can only think brain freeze!

My wafer cone is ready for her 24/7 

[HI-TEC99]

$10000 on stamp.

[gembitz]

$10000 on stamp.

10K timberrrr ~ see you in september bitcoin going into maintenance mode ... [bulls gone fishing] ... ha

[fillippone]

And why are the transaction fees up again??

Because BTC devs have imposed an economically-ignorant centrally-planned production quota upon transaction throughput capacity, which is insufficient to meet current natural demand.

I don't know if you are trolling, (I think you are  )
but I'll ignore and just answer the question, which I think is interesting in the first place.


Are fees actually going up?

• No, they aren't: this is according to this website which shows a not particularly full mempool:
  
  https://jochen-hoenicke.de/queue/#0,30d
  
  
  
  
• Also according to this website:
  
  https://www.buybitcoinworldwide.com/fee-calculator/
  
  You can transact in 6 block time with 44 sat/byte, which is absolutely bargain level.
  
  
• Last, bitcoin fees are not high, because at last there are more compelling things in life and fees are going to stay low, in the end.
  https://twitter.com/BrianLockhart/status/1153006836968112128?s=20
  
  

  It’s Sunday and the mempool is super empty so I *could* get a bunch of old UTXO’s consolidated and moved to SegWit addresses at 1 sat/byte next block fee rates, but it’d be such a pain in the ass to get to my deep cold storage I’m probably not gonna. 🤷‍♀ï¸�
  

  
  
  
  for sake of science I report the tweet he replied to.
  
  https://twitter.com/katieeeeebell/status/1152667159429963776?s=20
  
  

  what’s on your mind?
  

  
  
  

See? I did spare you all the annoying lessons about Segwit, the respect for a scarce resource (Space in block) leading to technical development instad of relaxed and lazy (ab)use of abundant resoures, the necessity to scale on the second layer instead of scalin on-chain, the possibility for the average Joe to synchronise a node etc, etc...

[LFC_Bitcoin]

$10000 on stamp.

Observing $9,965

 

[VB1001]

The World is Waking Up to Bitcoin

Not too long ago, Bitcoin was a niche interest. Cryptographers, cypherpunks, and some libertarian-minded folks were the only ones interested in the idea of magic internet money.

https://medium.com/bull-bitcoin/the-world-is-waking-up-to-bitcoin-5d532a1188ce

Nice article.


( The article begins with the mention of the Cypherpunks, a few days ago I published a thread about the Cypherpunks, I put the link in WO, I remind you that there is a lot of material to read. If you are interested in the cryptographic origin .  Cypherpunks - 1992 https://bitcointalk.org/index.php?topic=5163467.0 )

[VB1001]

See? I did spare you all the annoying lessons about Segwit, the respect for a scarce resource (Space in block) leading to technical development instad of relaxed and lazy (ab)use of abundant resoures, the necessity to scale on the second layer instead of scalin on-chain, the possibility for the average Joe to synchronise a node etc, etc...

If this is the block increase I'm interested.

[fillippone]

I Know, now WO is empty because everyone is checking that twitter account.

[JayJuanGee]

See? I did spare you all the annoying lessons about Segwit, the respect for a scarce resource (Space in block) leading to technical development instad of relaxed and lazy (ab)use of abundant resoures, the necessity to scale on the second layer instead of scalin on-chain, the possibility for the average Joe to synchronise a node etc, etc...

If this is the block increase I'm interested.

Fake does not count, right?  

If fake then we would be on of those other imitator coins, right?

By the way, our lil buddy, aka the real bitcoin (although using the world real is a bit redundant) seems to be trying to decide whether she wants to be 4 digits of 5 digits for today....  Currently, a bit indecisive.

[El duderino_]

Having a drink with Ludwig Von as we speak

Cosy guy great to have a drink with him (original from the same City as myself )

[makrospex]

Dirty WO minds...

That is hot.

The absolute sugarpiece of this scene is her nosebump on the table when swallowing the last bit of the cone.
That shows 100% commitment, gentlemen!

[VB1001]

Testing if we start 10140 BTCitstamp

Between ice cream and blocks, the temperature is rising, I'm going to have a cold beer.

[P_Shep]

See? I did spare you all the annoying lessons about Segwit, the respect for a scarce resource (Space in block) leading to technical development instad of relaxed and lazy (ab)use of abundant resoures, the necessity to scale on the second layer instead of scalin on-chain, the possibility for the average Joe to synchronise a node etc, etc...

If this is the block increase I'm interested.

MMmmmmmmmm.... Skinny Pop.

[Cryptotourist]

I Know, now WO is empty because everyone is checking that twitter account.

Fake does not count, right? 

If fake then we would be on of those other imitator coins, right?

[infofront]

^^^

Infofront, do you really want this kind of stuff in your thread?

Even though our troll is an anti-bitcoiner, it still makes bitcoiners look bad.
His posts rarely have anything to do with bitcoin anyway. I don't understand what he's doing here besides getting a kick out of pissing people off.

I do delete some of his posts, but keep in mind I cannot ban him. Only the real moderators can do that. I'm limited to deleting one post at a time.

Liberal use of ignore button highly recommended.

[infofront]

I could sit here and watch this for some time

I like ice cream

Wife material

[Searing]

See? I did spare you all the annoying lessons about Segwit, the respect for a scarce resource (Space in block) leading to technical development instad of relaxed and lazy (ab)use of abundant resoures, the necessity to scale on the second layer instead of scalin on-chain, the possibility for the average Joe to synchronise a node etc, etc...

If this is the block increase I'm interested.

Yea! Chips!

[rebal15]

^^^

Infofront, do you really want this kind of stuff in your thread?

Even though our troll is an anti-bitcoiner, it still makes bitcoiners look bad.
His posts rarely have anything to do with bitcoin anyway. I don't understand what he's doing here besides getting a kick out of pissing people off.

I do delete some of his posts, but keep in mind I cannot ban him. Only the real moderators can do that. I'm limited to deleting one post at a time.

Liberal use of ignore button highly recommended.

Can you delete post of sexy girls and dildos, muslims hodlers will feel embarrassed of these kind of post. We do not want WO to turn on Porn WO, except if we change WO to World Observer so we can talk everything here.