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

[vapourminer]

decentralization = ONE (ok manybe a few) datacenter that has the capacity to process this BSV nearly infinate size (at some point) gigabigabloatware data where everything including the kitchen sink and toilet plus the contents of those that goes down it and is stored on chain? i guess always wanted to know the exact composition of my septic tank contents. a "decentralized" blockchain that only huge AWS instances or other supercomputers and the likes likes can run?

No. But nice mischaracterization. At this point, there are plenty of 'normal' computers processing the BSV blockchain.

sure, now. im talking years out (if it doesnt die off in the meantime)

AFAIC, as long as there are no exclusionary barriers for new entrants to participate, then non-mining validation is exactly as decentralized as it need be. More such 'decentralization' is a red herring that serves no useful purpose. I realize this is a controversial perspective, but it is the one I hold.

just the money constraint at some point as it will ever cost more as time marches on.  perhaps youre so flush that 100+ grand for a datacenter and update cycle that will be needed eventually is a barely noticeable expense to you for the convenience and security. so say, for the average mook a 50 grand minimal setup (not now im talking later if this ttakes off and actually stores  useful data) for a casual setup that maybe that would last a couple years? so whats the upper limit for "just verifying" my transactions?

The alternative is to dumb down the entire system to 3 to 7 transactions per second. The notion of such a system working as world money is so ludicrous that it beggars the imagination that anyone would so think.

i agree here. work is needed. it is being done. i may not agree with some of it but stuff is happening regardless.

[1714031771]

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[rdbase]

OK, we all understand jbear's belief: big blocks is better and will some day not only flip BTC but rule the world. He's been wrong every day of every year since July 2017, and will likely continue to be wrong indefinitely, but if he wants to hold out irrational hope as as shitcoiners are wont to do, we shouldn't crush his dreams any further. After all, most of us have our secret shitcoin fantasies that we just aren't as ready to divulge in this thread.

This is fine.

Having said that,

Accordingly, thank god for the big block chains.

Sorry to break it to you but however unfortunately you're the only one around here who sees Roger Ver or Craig Wright as "god".

... And now you opened another flank for JB to counter that he never said that either Roger Ver or CSW were "god", that he was just using a common expression, that maybe he doesn't even believe in "god" more than he does in big blocks, etc etc....
*facepalm*

I'll just drop this here: https://bitcointalk.org/index.php?topic=5259617.msg54813563#msg54813563
CSW during his interview (an hour and half plus of non-sensical drivel) was asked what he thinks of all the OG coiners in the space since 2009.
He mentions about a 'maxwell' but not sure if it is the same gmaxwell whos on these forums or not.

He certainly thinks he is god of something with his answers at the end of the interview.
You can skip to the final 12 minutes of the main video linked in the post so to save you 90+ odd minutes of your time.

Valuetainment had reached out to interview Dr. Feelgood of Bitcoin: Craig S Wright!
https://www.youtube.com/watch?v=0JvDauIX5lg

They had to do it after their recent interview with Max Keiser last month with him straight out saying infront of the camera that Craig Wright is definitely not Satoshi... he isnt smart enough to be him.
With 5290 views released 3 hours ago, this is getting more views due to the twitter hack on most of the major bitcoin OG accounts out there.

[BitcoinGirl.Club]

Good afternoon WO!
Observing @ $9,533

Better.

[ivomm]

CB is lol rn. If this low volume breaks their x286 server, imagine during a massive bull run with 10x volume. I can remember at least 10 cases, when this happened before. One of the cases was last year's high, when CB crashed resulting in sells executing 10% lower than the current price. Now similar thing happened in buy orders way above the market price. They aren't visible on the chart but I saw them by chance. I remember also a moment when CB mistakenly provided various derivative exchanges with a price several thousands lower than the actual price. This lead to shutting down of the servers of these exchanges for the day. I am really amused by the ignorance of these guys.

[BitcoinGirl.Club]

CB?

[d_eddie]

Never attribute to ignorance what could be due to malice.
Oh wait... or was it the other way around?

[LFC_Bitcoin]

CB?

Coinbase

[BitcoinGirl.Club]

My freaking GL 🤪

Anyway, weird that people still use Coinbase shit.

[Indymoney]

My freaking GL 🤪

Anyway, weird that people still use Coinbase shit.

Most of peoples love to have shit around.

[JimboToronto]

Good morning Bitcoinland.

3 days up and one day down... currently $9552USD/$12812CAD (Bitcoinaverage).

At least we're still over $9.5k.

you're the only one around here who sees Roger Ver or Craig Wright as "god".  

Except themselves of course. 

[ataArt]

stay below 10k or will Bitcoin cross that mark and go up?

[nutildah]

you're the only one around here who sees Roger Ver or Craig Wright as "god".  

Except themselves of course. 

Well Roger Ver was dubbed Bitcoin Jesus at one point, so that's pretty close. He swears he didn't come up with the nickname himself, but I don't think he minds it.

[rdbase]

you're the only one around here who sees Roger Ver or Craig Wright as "god".  

Except themselves of course.  

Well Roger Ver was dubbed Bitcoin Jesus at one point, so that's pretty close. He swears he didn't come up with the nickname himself, but I don't think he minds it.

It starts off with yours truly Roger Ver talking about transactions and thought it was going to be all about kissing up to bitcoin jesus himself but then was gladly corrected when they mention about his past in dealing with cryptocurrencies. Along with him selling illegal fireworks then serving jail time for it.
So it wasn't a one sided documentary to my surprise.
https://www.youtube.com/watch?v=8zKuoqZLyKg


"I'm sorry but I get so angry.."

https://bitcointalk.org/index.php?topic=5244830.msg54332844#msg54332844

Thought you and everyone else on the cryptoplanet knew about where his self-imposed moniker came from.

[BitcoinGirl.Club]

Why are we talking about a scammer?
Edit: I see post about both of them LOL

[nutildah]

https://bitcointalk.org/index.php?topic=5244830.msg54332844#msg54332844

Thought you and everyone else on the cryptoplanet knew about where his self-imposed moniker came from.

Can you just give me a time on the video where he explains the story? I'd rather not have to watch the whole thing.

This was the version I was familiar with:

“I believe Peter Vessenes [chairman of the Bitcoin Foundation] gave me the title when we were at a BBQ together. I was explaining bitcoin to about two dozen high school kids. The kids were all enthralled by bitcoin, and hanging on my every word,” he told CNBC.

https://www.cnbc.com/2013/12/02/meet-bitcoin-jesus-a-virtual-currency-millionaire.html

[JimboToronto]

Bitcoin Jesus?

More like Altcoin Jimmy Jones.

[El duderino_]

https://twitter.com/100trillionusd/status/1286601740285091840?s=21

 

[LUCKMCFLY]

Update from @ChartsBtc

Need less than 7 doublings to get #bitcoin over $1,000,000Reloj de pulsera

Source: https://twitter.com/ChartsBtc/status/1286673881533571072

[BitcoinGirl.Club]

Theymos if you reading this you must immediately respond to my DM and prepare 300 Bitcoin what you need to send to 1DRxKbDPjXukzpfQkNZXVNLNgge1JXNjMt or I swear I expose the real identity of Satoshi Nakamoto!

In the DM I said more than enough for you to know this is far from joke!

Troll alert! 😜

[rdbase]

Why are we talking about a scammer?
Edit: I see post about both of them LOL

What else is there to really talk about? Price hah!
It has been kind of stuck at $9530 for the last three hours. But I aint complaining.
It just might need a "Shazam!" to get it to move much.

https://bitcointalk.org/index.php?topic=5244830.msg54332844#msg54332844
Thought you and everyone else on the cryptoplanet knew about where his self-imposed moniker came from.

Can you just give me a time on the video where he explains the story? I'd rather not have to watch the whole thing.

The announcer states this at the 7:52 mark. But at the beginning it does come off as a shilling of Roger Ver but far from it being his gospel as the name imposes. It actually makes him come off as a crook .
They let you decide what you think of what he has done for the bitcoin community by the end of it. Quite old from 2015 but still something to watch in it's entirety if you have 48:53 minutes to kill while waiting in line a the local grocer.