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

[fillippone]

This is big.

Blockstream Reveals Massive Bitcoin Mining Facilities, Fidelity An Early Customer

On Thursday, blockchain technology company Blockstream revealed details related to their massive Bitcoin mining data centers in Quebec, Canada and Adel, Georgia. The facilities account for a combined 300 megawatts worth of energy capacity, and they’re currently available for hosting enterprise-level mining activities, in addition to Blockstream’s own mining operations.

The size of Blockstream’s mining facilities cannot be overstated. According to Blockstream CSO Samson Mow, the facilities would account for roughly 6 exahashes of Bitcoin mining power if used at full capacity with the latest ASIC mining hardware

This is 7.5% of mining hashpower (conservative hypotesis the miners are are all already turned on now).

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[BitcoinGirl.Club]

Here's Donald posing with a baby orphaned in the recent shootings.

Who cares them showing off. We have mic and LFC 🤪

[Hueristic]

[snip]

Sorry it took me soo long, I've been under alot of pressure lately and when I have a little time I just didn't feel like doing the search.

These metrics are measuring "work done", not security.

More "work done" doesn't necessarily mean "more security".

For example take the following two blockchains:

    Bitcoin Cash (SHA-256 @ 2 PH/s) or ($5/s)
    Zcash (Equihash @ 4 GH/s) or ($3/s)

https://github.com/lukechilds/howmanyconfs.com

Thank you very much.
Appreciated and digging into that.
I would send more merits, but  I am running sooo low atm.

Never a problem buddy, and never worry about merits I don't care about them.

[vapourminer]

This is like telling people to put toilet paper between their hand and arse before wiping off.
But many still don't even cover the keypad of an ATM machine when putting in their pin code 
Facepalm emoticon needed...

bidet user unaffected. perhaps there is edge cases where it might happen but i do not wish to dwell on such things.

[Lucius]

Here's Donald posing with a baby orphaned in the recent shootings.

Behold the power of positivity.



Things never seem so bad with a big smile and a thumbs up.

We can say "Only in USA", truly unimaginable almost anywhere in the world. Collecting political points in one such tragedy should attract voters to vote for Trump again? Will one mass murder per day soon become two per day? Maybe Purge is not far from becoming reality...

[fillippone]

[snip]

Sorry it took me soo long, I've been under alot of pressure lately and when I have a little time I just didn't feel like doing the search.

These metrics are measuring "work done", not security.

More "work done" doesn't necessarily mean "more security".

For example take the following two blockchains:

    Bitcoin Cash (SHA-256 @ 2 PH/s) or ($5/s)
    Zcash (Equihash @ 4 GH/s) or ($3/s)

https://github.com/lukechilds/howmanyconfs.com

Thank you very much.
Appreciated and digging into that.
I would send more merits, but  I am running sooo low atm.

Never a problem buddy, and never worry about merits I don't care about them.

I am the kind of guy that gives merit when learn something new.
This was very interesting.

and when I laugh, of course....
and rightly timed train pictures...

[Hueristic]

[snip]

Sorry it took me soo long, I've been under alot of pressure lately and when I have a little time I just didn't feel like doing the search.

These metrics are measuring "work done", not security.

More "work done" doesn't necessarily mean "more security".

For example take the following two blockchains:

    Bitcoin Cash (SHA-256 @ 2 PH/s) or ($5/s)
    Zcash (Equihash @ 4 GH/s) or ($3/s)

https://github.com/lukechilds/howmanyconfs.com

Thank you very much.
Appreciated and digging into that.
I would send more merits, but  I am running sooo low atm.

Never a problem buddy, and never worry about merits I don't care about them.

I am the kind of guy that gives merit when learn something new.
This was very interesting.

and when I laugh, of course....
and rightly timed train pictures...

God, I just typed a paragraph with the keyboard turned off!Well i was just saying not to feel obligated as your not a source or Legend yet so I am not offended if you save them for the memes, after all that is what fuels this thread and makes it a fun place to check everyday.

I see alot of posts I want to merit but I scrooge mine to give to non lengendaries as much as possible. Some times These guys just drop a bomb I can't help but Merit though!

[El duderino_]

LFC_Bitcoin & micgoossens - Amsterdam

Let me guess. Left LFC and right Mic

Can someone find a tape measure to find the size of those butts? 🤪

How did you tell??

[fillippone]

LFC_Bitcoin & micgoossens - Amsterdam

Let me guess. Left LFC and right Mic

Can someone find a tape measure to find the size of those butts? 🤪

How did you tell??

Obviously the tatoos (bitcoin carriage)
A little bit of inference from mean height of dutch people vs english people.
And of course.. the butts!

[VB1001]

https://bitcoincore.org/en/releases/0.18.1/

0.18.1 change log

P2P protocol and network code
#15990 Add tests and documentation for blocksonly (MarcoFalke)
#16021 Avoid logging transaction decode errors to stderr (MarcoFalke)
#16405 fix: tor: Call event_base_loopbreak from the event’s callback (promag)
#16412 Make poll in InterruptibleRecv only filter for POLLIN events (tecnovert)
Wallet
#15913 Add -ignorepartialspends to list of ignored wallet options (luke-jr)
RPC and other APIs
#15991 Bugfix: fix pruneblockchain returned prune height (jonasschnelli)
#15899 Document iswitness flag and fix bug in converttopsbt (MarcoFalke)
#16026 Ensure that uncompressed public keys in a multisig always returns a legacy address (achow101)
#14039 Disallow extended encoding for non-witness transactions (sipa)
#16210 add 2nd arg to signrawtransactionwithkey examples (dooglus)
#16250 signrawtransactionwithkey: report error when missing redeemScript/witnessScript (ajtowns)
GUI
#16044 fix the bug of OPEN CONFIGURATION FILE on Mac (shannon1916)
#15957 Show “No wallets available” in open menu instead of nothing (meshcollider)
#16118 Enable open wallet menu on setWalletController (promag)
#16135 Set progressDialog to nullptr (promag)
#16231 Fix open wallet menu initialization order (promag)
#16254 Set AA_EnableHighDpiScaling attribute early (hebasto)
#16122 Enable console line edit on setClientModel (promag)
#16348 Assert QMetaObject::invokeMethod result (promag)
Build system
#15985 Add test for GCC bug 90348 (sipa)
#15947 Install bitcoin-wallet manpage (domob1812)
#15983 build with -fstack-reuse=none (MarcoFalke)
Tests and QA
#15826 Pure python EC (sipa)
#15893 Add test for superfluous witness record in deserialization (instagibbs)
#14818 Bugfix: test/functional/rpc_psbt: Remove check for specific error message that depends on uncertain assumptions (luke-jr)
#15831 Add test that addmultisigaddress fails for watchonly addresses (MarcoFalke)
Documentation
#15890 Remove text about txes always relayed from -whitelist (harding)
Miscellaneous
#16095 Catch by reference not value in wallettool (kristapsk)
#16205 Replace fprintf with tfm::format (MarcoFalke)

[realr0ach]

Buy bitcoin

The Japanese rendition of the story how a single man defeated an army of digital shitcoin scammers and became the richest man in the world with physical silver:

https://www.youtube.com/watch?v=3rUb5dLO7-I

[jojo69]

This is big.

Blockstream Reveals Massive Bitcoin Mining Facilities, Fidelity An Early Customer

Credit where it is due, I could actually read the whole thing without banging my head on the desk.


Kyle Torpey at least knows how to edit.

[realr0ach]

Crisis actor Donald Trump doesn't seem aware nobody believes in their false flag attacks at Mandalay Bay, El Paso, and Parkland, Florida, and everyone is well aware of his treason in trying to ban the 2nd amendment for his evil cult of Judaism masters.

[VB1001]

Join the Trezor Beta Testers Community!

Help us make upcoming releases of the Trezor product line better than ever before.

As a reward for becoming an active part of our beta testing community, you will:
- Have the opportunity to shape how our new products look and work
- Gain early access to new features and products
- Be blessed by the eternal love of the whole Trezor team

All you need to do is sign up as a beta tester via the signup form below. Afterward, you will receive a welcome email with all the required information and currently available beta features that you can access and try out.

https://blog.trezor.io/join-the-trezor-beta-testers-community-b19761f4960a

Don't bless me with your love, send me a Trezor.

[cAPSLOCK]

https://www.federalreserve.gov/newsevents/pressreleases/other20190805a.htm

"Federal Reserve announces plan to develop a new round-the-clock real-time payment and settlement service to support faster payments"

Follow up article

FedNow — US Federal Reserve Payment Tool a Threat to Banks, Not Crypto

Banks, not cryptos?

Notably, the Fed’s announcement starts with an emphasis on “the rapid evolution of technology,'' which enables the Federal Reserve and the payment industry “to modernize the nation's payment system and establish a safe and efficient foundation for the future.” However, neither the press release nor the enclosed FAQs make a single mention of Bitcoin, cryptocurrencies, Libra, blockchain or even digital currencies at large.

Indeed, it seems that FedNow wants to topple large banking institutions rather than cryptocurrencies. In fact, banking giants Citigroup, Bancorp and JPMorgan Chase have already started fighting the government’s new effort, as it seems to overlap with their own real-time payments system, the Clearing House, which the banks launched in 2017, following a cumulative $1 billion investment injection from those participating.

It is RIDICULOUS how bullish this is for Bitcoin. 

I watched this happen in the music industry with the advent of lossy compressed audio (MP3s).  The RIAA started doing things like taxing blank CDs and suing napster users while the likes of Apple, and eventually Spotify built the rails for the new music delivery system for the world.

By the time it was all over the music industry had been changed from the outside in.

This is what Bitcoin will be doing to the financial systems of the world over the next 5 years.

They actually added a verse to Mahatma's old song:

First they ignore you...
Then they laugh at you...
Then they fight you...
Then they lose focus , forget about you briefly, and start cannibalizing each other and themselves...

Then you win.

[realr0ach]

Banks, not cryptos?

Notably, the Fed’s announcement starts with an emphasis on “the rapid evolution of technology,'' which enables the Federal Reserve and the payment industry “to modernize the nation's payment system and establish a safe and efficient foundation for the future.” However, neither the press release nor the enclosed FAQs make a single mention of Bitcoin, cryptocurrencies, Libra, blockchain or even digital currencies at large.

Indeed, it seems that FedNow wants to topple large banking institutions rather than cryptocurrencies. In fact, banking giants Citigroup, Bancorp and JPMorgan Chase have already started fighting the government’s new effort, as it seems to overlap with their own real-time payments system, the Clearing House, which the banks launched in 2017, following a cumulative $1 billion investment injection from those participating

It is RIDICULOUS how bullish this is for Bitcoin.  

I watched this happen in the music industry with the advent of lossy compressed audio (MP3s).  The RIAA started doing things like taxing blank CDs and suing napster users while the likes of Apple, and eventually Spotify built the rails for the new music delivery system for the world.

By the time it was all over the music industry had been changed from the outside in.

This is what Bitcoin will be doing to the financial systems of the world over the next 5 years.

They are actually IMPROVING Mahatma's old saw:

First they ignore you...
Then they laugh at you...
Then they fight you...
Then they lose focus , forget about you briefly, and start cannibalizing each other and themselves...

Then you win.

That's not what this is.  It's the kikes trying to do an exact repeat the Bolshevik revolution in Russia, centralizing all power and control over everything.  In the process of this centralization of power, many people who thought they were rich or important wind up dead in a ditch, so they're all fighting over who gets to be at the top rather than the mid level people who wind up stripped of all their assets and laying in a ditch.  Virtually nobody benefits from Jewish communism.  All the mid level people who thought they were part of the team just get robbed and murdered by the kikes at the top to consolidate their power.

[jbreher]

Sixteenth Amendment ratification arguments have been rejected in every court case where they have been raised and have been identified as legally frivolous.[3]

Yes, they have been rejected. Without ever addressing the facts of the matter. At least in every case I have reviewed.

Whaddaya expect? Statists gonna state.

You live under a common law system.  Judges make the law by interpreting the constitution, legislation and previous cases.  If a judge says it, it’s law until overturned.   That’s just how it works. If you want to tip over that particular apple cart, you are going to have to go back to the Norman Conquest in 1066.

I think we are in violent agreement on this part. However...

If the courts were to respect the law -- especially common law -- they would be able to trace their decisions through the precedents to the point where any matter of law was considered and judged upon. The basis of the income tax is a matter that cannot be traced back to a source decision. Because there exists none.

United States v Thomas carefully trawls through the ratification argument. This is clearly a source decision that the 16th Amendment has been properly ratified.

https://en.wikipedia.org/wiki/Tax_protester_Sixteenth_Amendment_arguments

Thanks. I'll absorb it when time permits.

Though from a superficial glance, I have the following comments:
- lower court decision not necessarily applicable to courts other than 7th Circuit Illinois jurisdiction
- timing of 1986 is kind of too little too late (I guess better late than never)
- seems to cover only the contention that enactment of differing texts is still valid for the amendment process
- most germane, as a rebuttal to my points, completely ignores the lack legislative and regulatory authority and misapplication

[jbreher]

There's no point for the FED to  posa a "threat to banks" or "topple large banking institutions".

Quite. Especially in light of the fact the the FED is actually a private corporation owned by the banks.

[gallianooo]

LFC_Bitcoin & micgoossens - Amsterdam

ENJOY GUYS !

[El duderino_]

via Imgflip Meme Generator