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

[somac.]

I keep wondering about this high fee transactions that are happening on the network. There are blocks now where the lowest fee transaction includes 1 sat per byte, and then in the same block a transaction with a fee for over 400 sat per byte.

Here's one that is for 253.3 sat per byte

https://mempool.space/address/1KSoAS6MyfWRL4vbwgKh7aL8NvHDUwMaHC

It goes like this

1KSoAS6MyfWRL4vbwgKh7aL8NvHDUwMaHC > 1JhzBwS5MddyPGp1vzycbS77ZdL33omWcn    253.3 sat/vB
1JhzBwS5MddyPGp1vzycbS77ZdL33omWcn > 18y9TtMgtmaUvpCHheEsX5rS9kpewrMtrq   30.5 sat/vB
18y9TtMgtmaUvpCHheEsX5rS9kpewrMtrq > 1FoLkDAPyPcXBt2CHGdfZwcJkwBbhA4gC6  30.1 sat/vB
1FoLkDAPyPcXBt2CHGdfZwcJkwBbhA4gC6 > 1LRCG6VhtNrt27meshkhEYbbPpyY8fDAzy    30.4 sat/vB
1LRCG6VhtNrt27meshkhEYbbPpyY8fDAzy > 1NYm9oCuG5q1qr7rDkMutkD7228oZjc2Mk    253.3 sat/vB
1NYm9oCuG5q1qr7rDkMutkD7228oZjc2Mk > 13orzphdpZATfviQHFKXqBNnWCK9oynw2D   253.3 sat/vB
13orzphdpZATfviQHFKXqBNnWCK9oynw2D > 15FtnxGCxcU2TLL2M9crmwknRFEgVvMaS6    30.1 sat/vB

Now thing about those transactions are they are all done in the same block but with those varying fees. This has to be done by the same person/organization, but what for? and why send like that from address to address in the same block? wouldn't a batch transaction make more sense?

[mrjoy15]

Bitcoins going down and I don't think I'd put any money in to Bitcoin right now. Instead I would put all in ETH, ADA and Matic this is how I survive in this red. will see you later once I feel positive about BTC.

[somac.]

Bitcoins going down and I don't think I'd put any money in to Bitcoin right now. Instead I would put all in ETH, ADA and Matic this is how I survive in this red. will see you later once I feel positive about BTC.

Check this chart then tell me if you still think that is a good idea.

https://www.blockchaincenter.net/altcoin-season-index/

[AlcoHoDL]

Can i get a Bitcoin or Two? .. bc1qrswzqsh0wwql24x8l56r89n4hslapshcgpeern

Or three? Since 3 6 9 is the fundamental of Life.. so it would be cool to get the base of it

ye ye i know i know.. beggar and all that stuff, but we need them  

Maybe i become a BTC Maxi who knows xD...

https://www.youtube.com/watch?v=ccJYLddo4YM

I really liked that Ubuntu post above, everyone gathered together, their feet touching each other (must be my feet fetish). It's so sweet, one for all, all for one, and all that.

Except Bitcoin, and the world at large, doesn't work like that. Where I come from, there's a saying that's often used for beggars: "Get on your bike." There's no free lunch. The smartest thing to do right now (and ever) is to HoDL our BTC and not even use them for things we may actually want to buy. And you're asking for donations? Don't you know nuttin'?

Jay told you what you should have done if you were smart enough to see where things are going. Now you're hoping some super big whale sees your post and sends you 3 BTC for the lulz. Well, the lulz are on you, so get on your bike and start stacking sats. Because if you don't, I can see you in 10 years from now crying like a little girl when you read these posts.

Re-quoting this great tweet:

Tomorrow is 10-year anniversary of this famous twit:



From $8 to where we are now in 10 years...

[AlcoHoDL]

The situation is getting out of control.



EDIT: Not around much lately. Too busy building A GODDAMN FUCKING RANCH! WOOO!!!
EDIT2: "Yeee-hawww!"

Yeah, there's the ranch thing... Hope it's coming along nicely.

But man, don't abandon WO, we need a bit of degeneracy every now and then.

Sheeeit!

[Wekkel]

Who needs enemies with friends like this: https://twitter.com/elonmusk/status/1393738154889338884?s=21

It’s becoming stranger and stranger 

Regardless, the increased Bitcoin fear in WO posts strengthens my feeling that this correction is nearing its end.

[kellrobinson]

[Sayeds56]

Who needs enemies with friends like this: https://twitter.com/elonmusk/status/1393738154889338884?s=21

It’s becoming stranger and stranger 

Regardless, the increased Bitcoin fear in WO posts strengthens my feeling that this correction is nearing its end.

https://www.tradingview.com/chart/BTCUSD/SoryOTvN-BTC-Where-is-the-base-Update/

[Oshosondy]

Who needs enemies with friends like this: https://twitter.com/elonmusk/status/1393738154889338884?s=21

It’s becoming stranger and stranger 

Regardless, the increased Bitcoin fear in WO posts strengthens my feeling that this correction is nearing its end.

Elon Musk na bitcoin enemy, he only want to manipulate to make doge coin rise. He says Tesla will support coins that consume less than 1% of the energy bitcoin is using, he might say this because of doge because doge fit into the category.

[Wekkel]

Elon Musk na bitcoin enemy, he only want to manipulate to make doge coin rise. He says Tesla will support coins that consume less than 1% of the energy bitcoin is using, he might say this because of doge because doge fit into the category.

At the risk of keeping his name in the thread longer than needed, I think he is playing the game of questioning things. What would make cryptocurrency better? What does it take?

We already know and brighter minds are working on this since Bitcoin's inception (and before that; we stand on shoulders).

If it leads to better software, so be it.

No clue why we need to hear every brainfart of 'The Elon' on Twitter though 

[HeRetiK]

Who needs enemies with friends like this: https://twitter.com/elonmusk/status/1393738154889338884?s=21

Elon Musk fixing crypto:

[eXPHorizon]

Ah shit... My reaction to all of the Awesome Help and Wishes gotten:

https://www.youtube.com/watch?v=bZhBhpm6m_A

1:40

[shahzadafzal]

I need a vocation....!!!

[Farmer Bill]

Bitcoins going down and I don't think I'd put any money in to Bitcoin right now. Instead I would put all in ETH, ADA and Matic this is how I survive in this red. will see you later once I feel positive about BTC.

When is the right time to put money in to Bitcoin?

Now sub $50k  Or later at $much higher price.

Real answer is anytime.

Your best bet is to play safe and put it all into your national currency sit on it for 10 years and watch it's purchasing power rot away.


If Bitcoin does end in a bloodbath the blood will be shallow compared to your investment in the Alts.

[Farmer Bill]

Can i get a Bitcoin or Two? .. bc1qrswzqsh0wwql24x8l56r89n4hslapshcgpeern

Or three? Since 3 6 9 is the fundamental of Life.. so it would be cool to get the base of it

ye ye i know i know.. beggar and all that stuff, but we need them   

Maybe i become a BTC Maxi who knows xD...

https://www.youtube.com/watch?v=ccJYLddo4YM

Everyone needs bitcoin you dumbass fuck.

You would have had a pretty decent stash of bitcoin (around 4.21BTC) right now, if you had invested a mere $10 per week into bitcoin rather than whining about MTGox or whatever it was that you were doing during that time instead of failing to actually act...

In any event, even if you did not start 7 years ago, you can start now, and probably 7 years down the road you will be in good shape.. better than begging a much more active rather than being a passive annoying dweeb.  Of course, increasing the amount contributed may well be good too, but each of us has our budget and our number that we can spare for such ongoing investment into the king.

Excellent reply to "The Beggar". Ten bucks a week to secure your future, who would not do this.

The beggar may have to start selling their ass, if times are that desperate.

[eXPHorizon]

Excellent reply to "The Beggar". Ten bucks a week to secure your future, who would not do this.

The beggar may have to start selling their ass, if times are that desperate.

Bla bla bla bla bla, bla bla bla. Seems like they would like to get an Certain reaction out of me  
Otherwise seems like something you would have no problem of doing.. and i sneezed really hard after thinking this then it must be true.   (The ass selling part) Dont be offended just giving back what i am getting

Doesnt mean if i am asking for Bitcoins that there isnt something i could be giving back... It goes hand in hand, these things :3

Honestly, its a Tragedy..

[AlcoHoDL]

Judging from the recent WO posts, I think a pump may be coming.

There has always been an increase in WO trollery and shitcoinery before a big pump.

[bitebits]

Judging from the recent WO posts, I think a pump may be coming.

There has always been an increase in WO trollery and shitcoinery before a big pump.

No, this was it. Back to ramen and accumulation mode again. See you in four years.


Did it help?

[Farmer Bill]

Excellent reply to "The Beggar". Ten bucks a week to secure your future, who would not do this.

The beggar may have to start selling their ass, if times are that desperate.

Bla bla bla bla bla, bla bla bla. Seems like they would like to get an Certain reaction out of me  
Otherwise seems like something you would have no problem of doing.. and i sneezed really hard after thinking this then it must be true.   (The ass selling part) Dont be offended just giving back what i am getting

Doesnt mean if i am asking for Bitcoins that there isnt something i could be giving back... It goes hand in hand, these things :3

Nobody is ever offended online.
I did not literally mean "sell your ass - in a sex worker sort of way" but to scrape around to put some $ together.
You know demean yourself, get a crap job, sell shit on ebay.
Perhaps you could ask your good friends in real life if they would care to give you $150k.
Or even $10
You'll soon find out who your real friends are.

[eXPHorizon]

Excellent reply to "The Beggar". Ten bucks a week to secure your future, who would not do this.

The beggar may have to start selling their ass, if times are that desperate.

Bla bla bla bla bla, bla bla bla. Seems like they would like to get an Certain reaction out of me  
Otherwise seems like something you would have no problem of doing.. and i sneezed really hard after thinking this then it must be true.   (The ass selling part) Dont be offended just giving back what i am getting

Doesnt mean if i am asking for Bitcoins that there isnt something i could be giving back... It goes hand in hand, these things :3

Nobody is ever offended online.
I did not literally mean "sell your ass - in a sex worker sort of way" but to scrape around to put some $ together.
You know demean yourself, get a crap job, sell shit on ebay.
Perhaps you could ask your good friends in real life if they would care to give you $150k.
Or even $10
You'll soon find out who your real friends are.

Ok, it just seemed like you ment it Literally And i am already working to get that $ together...
Hell i didn't even need to ask for $10 to see who my Friends were. Thats why i have so few I introduced alot of them to Bitcoin and even fried some of their GPUs/HDDs when i pushed their rig too far when i just wanted them to be happy and safe in the future. I gave so much for Bitcoin, i really dont wanna talk about it tho. Just wish to get abit back from what i contributed.. Since 2011 i been learning about Bitcoin and how it could of been used. Was even used on one of my Dekaron Private Servers where you could buy all Items ingame with Bitcoins (Early 2011) But i never took that Step towards securing my assets and hoped for the Websites to stay online