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

[jbreher]

How could evidence of personal identity have anything whatsoever to do with evidence of protocol change?

I'm not sure if you're trolling or trying to be serious.

Back at ya.

See any evidence of SegWit in the white paper? No?

Explicitly in front of your face. Willful dereliction of truthiness.

SegWit was indeed an alteration of the Bitcoin protocol. Undeniably. There is really no way to argue otherwise.

I am pretty confident the white paper doesn’t say anything about Turing completeness, legally enforceable smart contracts, token protocols,  large data storage capability and all the other shit in Bitcoin SV marketing

Yet interestingly, all fully supported in the 0.1 version of the Bitcoin protocol. You know, before the Cripple Rangers took control of the codebase. SegWit, on the other hand...

Funny, eh?

So what's the point you are trying to make?

My mistake.  I couldn't see any evidence of them in the white paper.  Thank you for clarifying that it doesn't matter whether something is mentioned in the whitepaper.

That is not what I said at all. Are you really that blind that you do not see what I am getting at? Even with your introduction of demonstrably flawed sidebars?

The initial implementation of Bitcoin - 0.1 supports all the features you list. Without recourse to explicit enabling code.
The initial implementation of Bitcoin -- and including up to and through the SegWit Omnibus Changeset Release -- did not support SegWit. Neither explicitly nor as an external implementation. Indeed, the implementation of SegWit was predicated on the most egregious change to the Bitcoin protocol ever enacted.
The features you list did not / do not require a change to the Bitcoin protocol.
SegWit did / does require a change to the Bitcoin protocol.

So when you say "it doesn't matter whether something is mentioned in the whitepaper", you're neither right nor wrong. What matters is the protocol itself. SegWit was undeniably a change to that protocol. A rather significant one. Therefore, somewhat 'less Bitcoin-y' -- at least on this axis -- than other implementations which hew to the original.

On the other hand, if some element is decidedly counter to the white paper (chain of digital signatures, anyone?), then that indeed does matter.

[jbreher]

If it was not for Segwit, we would be paying higher fees today, and the network would be slower.

Well, there was another available means of solving these issues.

[El duderino_]

This morning at a small local #Bitcoin exchange. Two older Venezuelan women entered and bought #Bitcoin.

I politely asked them why they were buying.

“To protect our families wealth in a money that our government cannot take away from us”

#Bitcoin is peaceful revolution. ✌️

https://twitter.com/ericsavics1/status/1170057142667100160?s=21

[jbreher]

Beecash should cancel tx fees at all if they think txs should be cheap and affordable?

Wrapping a stupid rhetorical talking point inside reductio ad absurdum does not absolve its stupidity.

In the asymptotic case, miners will need to be incentivized through tx fees.

[El duderino_]

Only 454,075 Bitcoin will be mined before the halvening.

Do you think that leaves enough for you?

Think again.

CashApp is buying 10% of it for their users.

Grayscale is buying 21% of it for their investors.

Scarcity is kicking in!

https://twitter.com/altcoinsara/status/1170332848617918467?s=21

[jbreher]

Thank you. But i noticed the top 2 users don't appreciate it much. I never got any merit from the top 2 users for any of my charts or bitcoin discussion. And i publish and talk about bitcoin every day. I don't know why?

I wouldn't take it personal if I were you. This may come as a shock to a number of millennials, but there exist some number of people that find no value in the gamification of every aspect of life.

Here - have a merit. You seem to want it.

[SuperTA]

Thank you. But i noticed the top 2 users don't appreciate it much. I never got any merit from the top 2 users for any of my charts or bitcoin discussion. And i publish and talk about bitcoin every day. I don't know why?

I wouldn't take it personal if I were you. This may come as a shock to a number of millennials, but there exist some number of people that find no value in the gamification of every aspect of life.

Here - have a merit. You seem to want it.

Thank you. I'm still happy that the majority supports my posts at least with the kind words, even if they don't merit me.  

[El duderino_]

If you started with $100 when the Federal Reserve was first created in 1913, it would now be worth $3.87.

1913: $100
1923: $57.89
1933: $76.15
1943: $57.23
1953: $37.08
1963: $32.35
1973: $22.30
1983: $9.94
1993: $6.85
2003: $5.38
2013: $4.25
2019: $3.87

https://twitter.com/rhythmtrader/status/1169694937597829120?s=21

[El duderino_]

Forbes: Bitcoin & Crypto FOMO Is About To Reach Epic Proportions
https://twitter.com/redditbtc/status/1170552407371198464?s=21

The bullishness is really everywhere 🤓

[El duderino_]

All seems to forgot
Sunday, haiku are needed
I love 2019 alt season

[SuperTA]

Bitcoin: You can win if you want! Just hold me tight! Take my hand, follow me...

[Hueristic]

O.k.  I am here to serve peeps like you, Hueristic, even though you have an irresistible tendency to be a bit of a smart ass.  

TLDR:  Set a target BTC accumulation level, then perhaps buy a bit more than your BTC allocated amount in order that you don't become too emotionally attached about selling a bit on the way up.  

Sell at higher prices than you bought, and preferably at a price that brings you adequate pleasure.  

Buy more BTC if the price drops, and never run out of fiat if the price drops nor bitcoin if the price goes up.  

Life is too short, so enjoy the hookers, lambos and blows along the way.  

Gracious.

Is this your best JJG?

Your observation seems quite correct, Hueristic.  My words remain materially inadequate and insufficient in the eyes of Dabs.  

You know I'm just messing with you.

Hell, I even read most of that post!

https://www.asus.com/us/Phone/ROG-Phone-II/

I don't need this. I mean, it is quite shiny, but I don't need it.

Maybe I get it ironically, just to prove how absurd it is.

Damn things got more memory than my laptop!

Found it.  28 feet away against the wall.  Under a rubbish bin.

Sounds about right, good thing there wasn't a highway within a mile.

Meanwhile in Binance

Looks like its almost shorting season there again.

If you drop a small steel nut onto a polished concrete floor from a height of 8 feet how far can it go?

you have just described a recipe for transdimensional travel...good luck

Found it.  28 feet away against the wall.  Under a rubbish bin.

No, I believe what you have now is referred to as a "faerie nut"  beware using that in any critical applications.

I believe a read a theory on the transmutation of clothespins to coat hangers that that would fall under.

[JSRAW]

To the moon's glory
Lunar lander Vikram south pole
But Yet to make contact


Context : chandrayaan2 - unexplored section of the Moon — South Polar region
Live update feed : India - Chandrayaan -2

[Biodom]

to re-iterate two recent analysis of bitcoin statistics:

S/F by planB

https://twitter.com/100trillionUSD/status/1170701620751065095   #this is latest reiteration, see medium article for the original.

Power law by Harold Cristopher Burger:

https://medium.com/@hcburger1/bitcoins-natural-long-term-power-law-corridor-of-growth-649d0e9b3c94

TL;DR S/F predicts at least 55K at the halving with about 55-300K band; Power law predicts a maximum of about 120K by the end of 2021 and as low as 15k in the ensuing correction by the beginning of 2023. S/F is a bit more optimistic (no reason for the price to dip to 15K).

[d_eddie]

Watching the corn grow
In the field and on the chart
it's #Haiku Sunday

There. I obliged 

[mersal]

To the moon's glory
Lunar lander Vikram south pole
But Yet to make contact


Context : chandrayaan2 - unexplored section of the Moon — South Polar region
Live update feed : India - Chandrayaan -2

Update: Lander location found from the orbitar but still no response from the lander with any signals.

But as scientist says 90% success of this project can be achieved with orbitar itself.

[JSRAW]

^ Yes Sir

[lightfoot]

Update: Lander location found from the orbitar but still no response from the lander with any signals.

But as scientist says 90% success of this project can be achieved with orbitar itself.

Landing on other planets and moons is *hard*.

[Ludwig Von]

Bitcoin: You can win if you want! Just hold me tight! Take my hand, follow me...

Just wait until tomorrow evening, I uploaded fiat to Stamp on Friday. Not yet arrived. And it is the first time since mid 2017 I uploaded fiat... .

[mersal]

Update: Lander location found from the orbitar but still no response from the lander with any signals.

But as scientist says 90% success of this project can be achieved with orbitar itself.

Landing on other planets and moons is *hard*.

Not really because USA did that in 1969 when no major growth in science and technology,or they just lied it.

Landing is not too hard but the important fact is what we knows about this universe is just a drop in the whole universe and India tried to land it on South pole where no country yet did landed.