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

[sirazimuth]

This is to show that I'm not a (complete) curmudgeon and because it *is* kinda cool but I'm not a joiner so don't expect it to stick around for long  

 I don't believe many in the WO are followers except when it comes to Bitcoin.
 If you decide to give up on it, Erisdiscordia might be interested.

Speaking of hats (great job homer... btw)
Here's a fun fact ....my older brothers name is Marcus and the
only other legendary wo bro I can find in recent thread history (other than myself) that doesn't sport a hat or a campaign sig is......

wait for it....





Marcus_of_..... etc



(still can't figure out that weird equation tho.... but whatever)

[1714680785]

1714680785

[1714680785]

1714680785

[1714680785]

1714680785

[yefi]

They will surely missed it and they're the one who's been fooled. Who's next?

lol funny. All they've done for the past decade is spam B's search results with "I wouldn't buy Bitcoin, I'd buy such and such shitty stock instead".

[savetherainforest]

All bitcoins are welcome in my wallet and my nodes. I guess you could run a hacked node to block specific addresses, but man that would have to be picked up by a very large percentage of the network.

You can just have it do a 1 hour routine "grid-search"  on a weekly bases of just the addresses that are manually being added to the protocols to be tracking and spy-banning the child-parent addresses.  

And it just updates the new addresses that got spawned from the Devil Mother addresses that spawned them, and it will be easy to get a track of them and blacklisting-blocking specific addresses.  

Good luck hiding those 'banned' addresses from all the other miners. Or maybe I'm misunderstanding your idea?

It's a separate individual chain that spies on the other chain.            ... like some sort of IRS accounting/tracking.  

[OutOfMemory]

Good morning 
Anybody want some Espresso? 

Spoiler: Newsletter article about upcoming bitcoin liquidity crisis *rocketgifs*

[^BuTcH^2]

Why do you write dates "month/day/year", it's counterintuitive 
day/month/year is the way to go, from the smaller unit to the biggest 

[somac.]

JSRAW, Btway, thanks to you, I came across this idea, ("a year ago, 4 cents could buy 606 satoshis, and it's a pity that we don't use "sats" as a standard, continue to say 0.01 bitcoin, etc") In case there are lightning network fans here, here's a quick LightningATM tutorial written by @21. Overall a very cool concept ...

thanks, man!

it is time for a well established Layer2 solution because on-chain fees are high and to expensive for txs < 100 USD.

https://ycharts.com/indicators/bitcoin_average_transaction_fee

Of course, if everyone just switched over to native segwit addresses they could save 50% on their fees. This would also have the added benefit of allowing more transactions per block too. Anyone out there who complains of fees and are still using legacy addresses deserve it.

[marcus_of_augustus]

Now everyone wants to embed in Bitcoin, I knew this day would come, little by little those who never believed begin to accept Bitcoin.

Bitcoin soars to new high above $52,000; sustainability concerns rise

Anthony Scaramucci, founder and managing partner of hedge fund SkyBridge Capital and former communications director under the Donald Trump administration, also told CNBC in Wednesday he sees bitcoin hitting $100,000 per unit before the year ends, citing supply and demand. SkyBridge is also invested in bitcoin.

Source: https://www.livemint.com/market/cryptocurrency/bitcoin-soars-to-new-high-above-52-000-sustainability-concerns-rise-11613617486410.html

BlackRock manages $8.7 Trillion,  that's one company having 9market caps of BTC, they can single handedly add another 0 to the current price

1% of 8.7trillion is 87billion

[hv_]

JSRAW, Btway, thanks to you, I came across this idea, ("a year ago, 4 cents could buy 606 satoshis, and it's a pity that we don't use "sats" as a standard, continue to say 0.01 bitcoin, etc") In case there are lightning network fans here, here's a quick LightningATM tutorial written by @21. Overall a very cool concept ...

thanks, man!

it is time for a well established Layer2 solution because on-chain fees are high and to expensive for txs < 100 USD.

https://ycharts.com/indicators/bitcoin_average_transaction_fee

Of course, if everyone just switched over to native segwit addresses they could save 50% on their fees. This would also have the added benefit of allowing more transactions per block too. Anyone out there who complains of fees and are still using legacy addresses deserve it.

Segwit intentionally kills accountability - so check for what asking the big guys having audits

[friends1980]

They will surely missed it and they're the one who's been fooled. Who's next?

They want to impress people with $5million transaction? How cute.

Also, buying $5 mio of ATH. They're clearly the Einsteins of the investment world.

[somac.]

JSRAW, Btway, thanks to you, I came across this idea, ("a year ago, 4 cents could buy 606 satoshis, and it's a pity that we don't use "sats" as a standard, continue to say 0.01 bitcoin, etc") In case there are lightning network fans here, here's a quick LightningATM tutorial written by @21. Overall a very cool concept ...

thanks, man!

it is time for a well established Layer2 solution because on-chain fees are high and to expensive for txs < 100 USD.

https://ycharts.com/indicators/bitcoin_average_transaction_fee

Of course, if everyone just switched over to native segwit addresses they could save 50% on their fees. This would also have the added benefit of allowing more transactions per block too. Anyone out there who complains of fees and are still using legacy addresses deserve it.

Segwit intentionally kills accountability - so check for what asking the big guys having audits

Do you mind explaining your comment a bit clearer?

[Gyrsur]

JSRAW, Btway, thanks to you, I came across this idea, ("a year ago, 4 cents could buy 606 satoshis, and it's a pity that we don't use "sats" as a standard, continue to say 0.01 bitcoin, etc") In case there are lightning network fans here, here's a quick LightningATM tutorial written by @21. Overall a very cool concept ...

thanks, man!

it is time for a well established Layer2 solution because on-chain fees are high and to expensive for txs < 100 USD.

https://ycharts.com/indicators/bitcoin_average_transaction_fee

Of course, if everyone just switched over to native segwit addresses they could save 50% on their fees. This would also have the added benefit of allowing more transactions per block too. Anyone out there who complains of fees and are still using legacy addresses deserve it.

old cold stores with legacy addresses will exist nearly the whole time of the Bitcoin life-cycle. even with just the Segwit addresses a Layer2 solution is needed because sometime in the future the fees should replace the block reward nearly completely. (did you not understand the economical base concept of Bitcoin )

either Bitcoin will be become super expensive or at least one reliable Layer2 solution will be established. BTW, it was Satoshi's intention too to get Bitcoin layer2 ready.

[hv_]

JSRAW, Btway, thanks to you, I came across this idea, ("a year ago, 4 cents could buy 606 satoshis, and it's a pity that we don't use "sats" as a standard, continue to say 0.01 bitcoin, etc") In case there are lightning network fans here, here's a quick LightningATM tutorial written by @21. Overall a very cool concept ...

thanks, man!

it is time for a well established Layer2 solution because on-chain fees are high and to expensive for txs < 100 USD.

https://ycharts.com/indicators/bitcoin_average_transaction_fee

Of course, if everyone just switched over to native segwit addresses they could save 50% on their fees. This would also have the added benefit of allowing more transactions per block too. Anyone out there who complains of fees and are still using legacy addresses deserve it.

Segwit intentionally kills accountability - so check for what asking the big guys having audits

Do you mind explaining your comment a bit clearer?

dropping signatures - dropping the sign of a contract / payment - drops accounting

[somac.]

JSRAW, Btway, thanks to you, I came across this idea, ("a year ago, 4 cents could buy 606 satoshis, and it's a pity that we don't use "sats" as a standard, continue to say 0.01 bitcoin, etc") In case there are lightning network fans here, here's a quick LightningATM tutorial written by @21. Overall a very cool concept ...

thanks, man!

it is time for a well established Layer2 solution because on-chain fees are high and to expensive for txs < 100 USD.

https://ycharts.com/indicators/bitcoin_average_transaction_fee

Of course, if everyone just switched over to native segwit addresses they could save 50% on their fees. This would also have the added benefit of allowing more transactions per block too. Anyone out there who complains of fees and are still using legacy addresses deserve it.

old cold stores with legacy addresses will exist nearly the whole time of the Bitcoin life-cycle. even with just the Segwit addresses a Layer2 solution is needed because sometime in the future the fees should replace the block reward nearly completely. (did you not understand the economical base concept of Bitcoin )

either Bitcoin will be become super expensive or at least one reliable Layer2 solution will be established. BTW, it was Satoshi's intention too to get Bitcoin layer2 ready.

Of course I understand that, it would just help in the meantime is all I mean. Layer 2 is coming and it is a good thing, but obviously still needs more time.

[Gyrsur]

JSRAW, Btway, thanks to you, I came across this idea, ("a year ago, 4 cents could buy 606 satoshis, and it's a pity that we don't use "sats" as a standard, continue to say 0.01 bitcoin, etc") In case there are lightning network fans here, here's a quick LightningATM tutorial written by @21. Overall a very cool concept ...

thanks, man!

it is time for a well established Layer2 solution because on-chain fees are high and to expensive for txs < 100 USD.

https://ycharts.com/indicators/bitcoin_average_transaction_fee

Of course, if everyone just switched over to native segwit addresses they could save 50% on their fees. This would also have the added benefit of allowing more transactions per block too. Anyone out there who complains of fees and are still using legacy addresses deserve it.

old cold stores with legacy addresses will exist nearly the whole time of the Bitcoin life-cycle. even with just the Segwit addresses a Layer2 solution is needed because sometime in the future the fees should replace the block reward nearly completely. (did you not understand the economical base concept of Bitcoin )

either Bitcoin will be become super expensive or at least one reliable Layer2 solution will be established. BTW, it was Satoshi's intention too to get Bitcoin layer2 ready.

Of course I understand that, it would just help in the meantime. Layer 2 is coming and it is a good thing, but obviously still needs more time.

I do agree. 

[OutOfMemory]

BTC intermediate support and resistance between $51.5k and $52k  now?
pretty narrow, eh?
I wonder how this will turn out today  

[somac.]

JSRAW, Btway, thanks to you, I came across this idea, ("a year ago, 4 cents could buy 606 satoshis, and it's a pity that we don't use "sats" as a standard, continue to say 0.01 bitcoin, etc") In case there are lightning network fans here, here's a quick LightningATM tutorial written by @21. Overall a very cool concept ...

thanks, man!

it is time for a well established Layer2 solution because on-chain fees are high and to expensive for txs < 100 USD.

https://ycharts.com/indicators/bitcoin_average_transaction_fee

Of course, if everyone just switched over to native segwit addresses they could save 50% on their fees. This would also have the added benefit of allowing more transactions per block too. Anyone out there who complains of fees and are still using legacy addresses deserve it.

Segwit intentionally kills accountability - so check for what asking the big guys having audits

Do you mind explaining your comment a bit clearer?

dropping signatures - dropping the sign of a contract / payment - drops accounting

And practically speaking why do you think that matters?

[Gyrsur]

ChartBuddy best pic!  

[hv_]

JSRAW, Btway, thanks to you, I came across this idea, ("a year ago, 4 cents could buy 606 satoshis, and it's a pity that we don't use "sats" as a standard, continue to say 0.01 bitcoin, etc") In case there are lightning network fans here, here's a quick LightningATM tutorial written by @21. Overall a very cool concept ...

thanks, man!

it is time for a well established Layer2 solution because on-chain fees are high and to expensive for txs < 100 USD.

https://ycharts.com/indicators/bitcoin_average_transaction_fee

Of course, if everyone just switched over to native segwit addresses they could save 50% on their fees. This would also have the added benefit of allowing more transactions per block too. Anyone out there who complains of fees and are still using legacy addresses deserve it.

old cold stores with legacy addresses will exist nearly the whole time of the Bitcoin life-cycle. even with just the Segwit addresses a Layer2 solution is needed because sometime in the future the fees should replace the block reward nearly completely. (did you not understand the economical base concept of Bitcoin )

either Bitcoin will be become super expensive or at least one reliable Layer2 solution will be established. BTW, it was Satoshi's intention too to get Bitcoin layer2 ready.

Of course I understand that, it would just help in the meantime is all I mean. Layer 2 is coming and it is a good thing, but obviously still needs more time.

How is accounting done off-chain ? Pay another blockchain doin such ?

nah, only on-chain is the way to go - that's real bitcoin

[bitcoinPsycho]

JSRAW, Btway, thanks to you, I came across this idea, ("a year ago, 4 cents could buy 606 satoshis, and it's a pity that we don't use "sats" as a standard, continue to say 0.01 bitcoin, etc") In case there are lightning network fans here, here's a quick LightningATM tutorial written by @21. Overall a very cool concept ...

thanks, man!

it is time for a well established Layer2 solution because on-chain fees are high and to expensive for txs < 100 USD.

https://ycharts.com/indicators/bitcoin_average_transaction_fee

Of course, if everyone just switched over to native segwit addresses they could save 50% on their fees. This would also have the added benefit of allowing more transactions per block too. Anyone out there who complains of fees and are still using legacy addresses deserve it.

old cold stores with legacy addresses will exist nearly the whole time of the Bitcoin life-cycle. even with just the Segwit addresses a Layer2 solution is needed because sometime in the future the fees should replace the block reward nearly completely. (did you not understand the economical base concept of Bitcoin )

either Bitcoin will be become super expensive or at least one reliable Layer2 solution will be established. BTW, it was Satoshi's intention too to get Bitcoin layer2 ready.

Of course I understand that, it would just help in the meantime is all I mean. Layer 2 is coming and it is a good thing, but obviously still needs more time.

How is accounting done off-chain ? Pay another blockchain doin such ?

nah, only on-chain is the way to go - that's real bitcoin

Fuck off to bsv then knob end

[Cryptotourist]

Do you mind explaining your comment a bit clearer?

He can't, because the English language is very limited in Morocco, and parrots cannot explain shit.
He does appreciate responses in his cunt thread if you want, but for the sake of your IQ - I wouldn't.