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

[El duderino_]

Hello WO. Big dip today, any reason for it ? Are you buying the dip yet ?

El duderino_ : is that Igor on your cap ?

Indeed bogdanov 

Hat request = PUMP

[1714652931]

1714652931

[1714652931]

1714652931

[1714652931]

1714652931

[OutOfMemory]

Hello WO. Big dip today, any reason for it ? Are you buying the dip yet ?

El duderino_ : is that Igor on your cap ?

I did buy the dip, but too soon. When it went lower than we currently are again, i had no more fiat to burn.
You can't have it all, but i'm satisfied. I was already getting over-excited by recent BTC price rises, a pretty reliable indicator for corrections  

As far as we are concerned, it may as well be. The difference between 18 million and 21 million, ... ok fine, it's still 3 million, but that doesn't matter in the long term. Plus, it will take a hundred years anyway.

recently, some WO fellow calculated that the 21m hardcap will be reached way sooner, around 2080 (iirc), while most of all coins (20.95m) should be mined until 2040 or so.

[Parazyd]

And on slightly less good news: It looks like Daft Punk has ended their run.
https://www.youtube.com/watch?v=DuDX6wNfjqc
As they say, drat. Off to find my copy of Random Access Memories....

Very sad to hear. The production work that went into "Random Access Memories" was pure love for the art of music.

Well maybe they both find nice new projects and we get double the great music

[jojo69]

57,564-47,400=10,164

[aesma]

Hello WO. Big dip today, any reason for it ? Are you buying the dip yet ?

El duderino_ : is that Igor on your cap ?

Indeed bogdanov  

Hat request = PUMP

I use my signature/avatar to accumulate more BTC. Too bad I'm not Legendary I would accumulate more !

Also have some other things going to increase the stash bit by bit.

Heard someone on the radio saying in the same sentence that BTC was worthless and could go to 100 million $, quite funny.

[Gyrsur]

has anything happened?

a bat with laser eyes let fell a sack of rice in China?

[Elwar]

https://twitter.com/BitcoinCoolCat/status/1363933449359360001?s=20

Elon Musk literally crashed the market to create a Tesla logo in the charts.

The rich are toying with us like we are their play things with our precious Internet money.

[OutOfMemory]

has anything happened?

a bat with laser eyes let fell a sack of rice in China?

It doesn't matter if the bat has laser eyes.
It matters which color they are.

(ask Bob  )

[Torque]

And on slightly less good news: It looks like Daft Punk has ended their run.

https://www.youtube.com/watch?v=DuDX6wNfjqc

As they say, drat. Off to find my copy of Random Access Memories....

R.I.P.
The video left me speechless.

Weird...I had just read the other day that they had been tapped to do the soundtrack for the upcoming 'Tron: Ares' movie.

[Torque]

So true.


https://twitter.com/pierre_rochard/status/1363690904998010882

[Gyrsur]

has anything happened?

a bat with laser eyes let fell a sack of rice in China?

It doesn't matter if the bat has laser eyes.
It matters which color they are.

(ask Bob  )

what if the bat has infrared laser eyes?  

EDIT: someone of you freaks is the guy from this video below?  

https://youtu.be/fywvB4Unjv4

[cAPSLOCK]

And, of course, also, if you feel that you do not have enough, you can continue to DCA.. even if it is only $10 per week... though for fee purposes, it may be better to let your amount build up to something like $80 or $100 and then buy once you reach certain thresholds of value.

It that's the issue probably better to keep coins on the exchange until you have enough to make the (artificially high) fees worthwhile

Why do you say the fees are artificially high?

[Dabs]

Hello WO. Big dip today, any reason for it ? Are you buying the dip yet ?

El duderino_ : is that Igor on your cap ?

I did buy the dip, but too soon. When it went lower than we currently are again, i had no more fiat to burn.
You can't have it all, but i'm satisfied. I was already getting over-excited by recent BTC price rises, a pretty reliable indicator for corrections  

As far as we are concerned, it may as well be. The difference between 18 million and 21 million, ... ok fine, it's still 3 million, but that doesn't matter in the long term. Plus, it will take a hundred years anyway.

recently, some WO fellow calculated that the 21m hardcap will be reached way sooner, around 2080 (iirc), while most of all coins (20.95m) should be mined until 2040 or so.

That was probably me? I did not calculate the sooner part but read it somewhere else, where the halving occurs in 3 years and 10 months, or about 2 months earlier than expected. So that implied 2079-ish for the last halving or the final satoshi instead of 2140.

The "almost" all coins, I've been saying it would be about 2040~2044, where we have  20,958,984.38 BTC or about 99.8% of all coins. From there to the next 40 or 100 years the mining becomes "insignificant" as each block reward is 0.09 BTC every 10 minutes or about 14.06 BTC per day, among all miners.

By 2030 we have 20.5m coins already.
by 2060, 99.99% of all coins are mined, block reward is 0.006 BTC every 10 minutes or 0.87 BTC per day, divided among all miners.

[savetherainforest]

Not a bad bounce so far. Keep going please.

                                    

 I must say. WoW! First time a post of gurl with b00bs on this forum touched my inner sanctum.







That's my dodge girl mascot doing 10% jumps all day long.

[Richy_T]

Why do you say the fees are artificially high?

I know you're being cute but for the benefit of anyone not aware...

https://bitcointalk.org/index.php?topic=1347.msg15366#msg15366

[d_eddie]

Why do you say the fees are artificially high?

I know you're being cute but for the benefit of anyone not aware...

https://bitcointalk.org/index.php?topic=1347.msg15366#msg15366

There are many much coin with big block, some are very nice and very work much wow, like super wide cool highway. Fees no artificial high there.

It is rumored that the exchanges delisting them were giggling through their teeth something like "highway your mom if you want highway", though no one could make any sense of that.

(I just had to post this for the benefit of anyone not aware.)

[savetherainforest]

Why do you say the fees are artificially high?

I know you're being cute but for the benefit of anyone not aware...

https://bitcointalk.org/index.php?topic=1347.msg15366#msg15366

There are many much coin with big block, some are very nice and very work much wow, like super wide cool highway. Fees no artificial high there.

It is rumored that the exchanges delisting them were giggling through their teeth something like "highway your mom if you want highway", though no one could make any sense of that.

(I just had to post this for the benefit of anyone not aware.)

Thank you !!!

[d_eddie]

Why do you say the fees are artificially high?

I know you're being cute but for the benefit of anyone not aware...

https://bitcointalk.org/index.php?topic=1347.msg15366#msg15366

There are many much coin with big block, some are very nice and very work much wow, like super wide cool highway. Fees no artificial high there.

It is rumored that the exchanges delisting them were giggling through their teeth something like "highway your mom if you want highway", though no one could make any sense of that.

(I just had to post this for the benefit of anyone not aware.)

Thank you !!!

My pleasure.

[Biodom]

https://twitter.com/BitcoinCoolCat/status/1363933449359360001?s=20

Elon Musk literally crashed the market to create a Tesla logo in the charts.

The rich are toying with us like we are their play things with our precious Internet money.

In an alternative interpretation, Kraken had some trading engine mismatch problems over multiple coins, including btc.
Maybe btc decline was the cause of such calamity or the result of some faulty executions, who knows.

[Richy_T]

There are many much coin with big block, some are very nice and very work much wow, like super wide cool highway. Fees no artificial high there.

Indeed there are. That doesn't really impact the fact of the fees being artificially high.

A better argument is that the the 21 million coins limit is artificial too. Solid fact but that's part of the design where the link provided indicates that the block size limit was intended to only be temporary. Make of that what you will. It doesn't seem to have damaged Bitcoin so far but it has definitely limited use cases and cause disadoption in some cases.

I still think the way forward is through increased on-chain capacity. I'm deeply skeptical of second-layer solutions, particularly LN. In fact, if LN is actually a success in 18 months, I'll eat my (xhomerx10 provided) hat.