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

[ChartBuddy]

Explanation

[1715358632]

1715358632

[1715358632]

1715358632

[ChartBuddy]

Explanation

[bitcoinPsycho]

Bollocks

[Gyrsur]

LIAR CCP and Peter Daszak!!!  

EXCLUSIVE: The Wuhan Institute of Virology kept live bats in cages, new footage from inside the facility has revealed.

This disproves denials from World Health Organisation investigators like Peter Daszak who claimed the suggestion was a “conspiracy”.

Database with bat samples went off from Internet starting with 09/12/2019 due a claimed hacking attack but never went online again. In fact it was an Excel spread sheet which was "hacked".  

Source: https://youtu.be/ANRs4DojOek which is based on the work of https://drasticresearch.org/.

[Dabs]

I read about some wood frogs that freeze awake or alive in winter, sort of like hibernating. They have something in their blood like extra glucose that prevents their bodies from being damaged by ice or frost until spring.

There are at least five known species of freeze-tolerant frogs in North America, including the well-studied wood frog.

If it gets too cold, they can still die. They also need to freeze slowly, not instantly.

[LFC_Bitcoin]

Your boy LFC_Bitcoin, taking in some culture @ Van Gogh interactive art exhibition in UK.

Reppin BTC mask, not impressed with the dump.

[ChartBuddy]

Explanation

[Gyrsur]

Your boy LFC_Bitcoin, taking in some culture @ Van Gogh interactive art exhibition in UK.

Reppin BTC mask, not impressed with the dump.

better OpSec than before gangster.  

[cAPSLOCK]

I am having some difficulties following you, cAPSLOCK.  You cite three dweebs who are already known to be shitcoiners as if they should be speaking more clearly about bitcoin in terms of what bitcoin has to offer versus whatever their snake-oil-salesman agenda might want to promote.  You are not incorrect about any of them speaking a lot of nonsense, and even criticizing them for "not knowing better" because each of them have the potential to be smart about bitcoin.  Roger Ver, Craig Wright and jbreher have lot's of potential to make the bitcoin case, but we do not hear any of those dweebs making the case for bitcoin, so why are we suggesting dweebs like Bruce Fenton, Ari Paul, or Brian Armstrong are much better because they are trying to have feet in multiple camps... and maybe they even believe some of the shit that they say, even though we surely can and should expect that they likely know better... but so what.. there are  lot's of disingenuine twats out there... and the three that you mentioned are already known as disingenuine twats rather than the bitcoin maximalists that you seem to be trying to make them out to be.. as if it were some kind of surprise!!!!!!! that any of them had supposedly fallen from grace.  

I don't disagree with your overall point that those guys are bunch of disingenuine dweebtwats, but aren't you, cAPSLOCK, making a strawman argument, or what?

I guess I am not familiar with their shitcoinery.  I thought Fenton was an OG Bitcoiner who at least sort of "gets it". And I do not know Paul.  I have seen him prancing about on twitter, but never paid much attention.  I figured from looking at a few tweets he might have a love for ETH, which is indeed a red flag.

It's just annoying hearing these people make these sorts of claims when the only way to know they are wrong, is to know they are wrong, which means you put in the time.  And there are tons of folks out there arguing from a point of ignorance when it comes to lightning:



That dude is a numbskull.  

Here is a CURRENT visualization of the "centralized" lightning network!!



These other two should know better, and don't.

[cAPSLOCK]

On the other hand I got a Jade voucher!

Those if you interested in Jade might want to go buy the token to get first dibs on the next batch.  Paying with liquid tether and you get the thing for ~$36.  For a open source hardware wallet that can do airgapped signing on it's own (has a camera) that is a steal.  And it is likely to be Bitcoin (+Liquid) only though it will also have open development.

The way it works is you buy a token on the liquid network, and then when they get stock the people who have the token can buy the RESERVED device with it (July they say).  It's a tokenized pre-order.

If you want to do the liquid (Tether) dance and get the 10% off you can use the Sideswap wallet to do it all, including buying the tether and receive your voucher token.  Be aware the sideswap does charge a fee to do the exchange... but you still get the wallet for less than $40 all costs considered.  Let me know if you need a hand.

https://store.blockstream.com/product/blockstream-jade-token/

[Karartma1]

Your boy LFC_Bitcoin, taking in some culture @ Van Gogh interactive art exhibition in UK.

Reppin BTC mask, not impressed with the dump.

You should be sold as an NFT!

[LFC_Bitcoin]

Your boy LFC_Bitcoin, taking in some culture @ Van Gogh interactive art exhibition in UK.

Reppin BTC mask, not impressed with the dump.

You should be sold as an NFT!

You can have the original photo, great price of 0.15BTC

[ChartBuddy]

Explanation

[Dabs]

Here is a CURRENT visualization of the "centralized" lightning network!!

Where is that from? I did a quick search and initially, it seems there are at least 12k lightning nodes with open channels. This is even more than the count shown by bitnode / earn other website that tracks regular bitcoin full nodes that are publicly seen (including mine.)

I'd say it's a good thing that both networks have more than 10k nodes each at this time. Each LN node probably doubles as a bitcoin full node too, maybe just not seen (although it both should be visible on the network.)

[xhomerx10]

Here is a CURRENT visualization of the "centralized" lightning network!!

Where is that from? I did a quick search and initially, it seems there are at least 12k lightning nodes with open channels. This is even more than the count shown by bitnode / earn other website that tracks regular bitcoin full nodes that are publicly seen (including mine.)

I'd say it's a good thing that both networks have more than 10k nodes each at this time. Each LN node probably doubles as a bitcoin full node too, maybe just not seen (although it both should be visible on the network.)

https://lightninglayer.com/map

 Takes a while to render.

edit: Whoa! It uses a lot of memory as well.  Firefox is using 13 Gigs and counting with that page open.  You can move around, pan, zoom and see the node names on the map. 

[ChartBuddy]

Explanation

[philipma1957]

Current Difficulty charts are quite interesting .

https://diff.cryptothis.com/

Latest Block:   687812  (3 minutes ago)

Current Pace:   90.4244%  (357 / 394.80 expected, 37.8 behind)

Previous Difficulty:   21047730572451.55                            
Current Difficulty:   19932791027262.74                            
Next Difficulty:   between 18028300318867 and 19275475811685
Next Difficulty Change:   between -9.5546% and -3.2977%
Previous Retarget:   last Sunday at 4:06 PM  (-5.2972%)
Next Retarget (earliest):   June 28, 2021 at 3:35 AM  (in 11d 17h 41m 6s)
Next Retarget (latest):   June 29, 2021 at 3:41 AM  (in 12d 17h 46m 48s)
Projected Epoch Length:   between 14d 11h 29m 8s and 15d 11h 34m 51s


...

I have found that downward difficulty trend can put pressure on price.

Although a lot of gear that mines uses specialty power supplies. It is possible that there are missing components that prevent the power supplies from being sold.

Note no power supplies for bitmain
https://shop.bitmain.com/product/parts
or innosilicon
https://www.innosilicon.com/html/product/parts/index.html
or whatsminer
https://www.whatsminer.com/mall/classify-accessories.html
or cannon/avalon

Now all those companies cloud mine

If they hold back psu's from us and mining drops there cloud mining ops have less completion .

This angle is developing or appears to be.

[cAPSLOCK]

Your boy LFC_Bitcoin, taking in some culture @ Van Gogh interactive art exhibition in UK.

Reppin BTC mask, not impressed with the dump.

You spelled BITCOIN on your hat wrong.  Otherwise awesome!

[cAPSLOCK]

Here is a CURRENT visualization of the "centralized" lightning network!!

Where is that from? I did a quick search and initially, it seems there are at least 12k lightning nodes with open channels. This is even more than the count shown by bitnode / earn other website that tracks regular bitcoin full nodes that are publicly seen (including mine.)

I'd say it's a good thing that both networks have more than 10k nodes each at this time. Each LN node probably doubles as a bitcoin full node too, maybe just not seen (although it both should be visible on the network.)

https://lightninglayer.com/map

 Takes a while to render.

edit: Whoa! It uses a lot of memory as well.  Firefox is using 13 Gigs and counting with that page open.  You can move around, pan, zoom and see the node names on the map.  

Amazing, yes?  And this is just PUBLIC channels.  I have seen several estimations on private ones being in the real of 30% to 100% of the number of public channels.  And of course in that cloud of nodes there are the BIG custodial providers like Bluewallet, and WoS etc which are currently servicing THOUSANDS of clients.

I think many people heard arguments against lightning back in 2017 and have just stuck with them.  It will be centralized, payments will fail etc.  During the last 4 years several earth shattering upgrades quietly went in like "multi-path-payments", which completely changes the game.

Currently there are more lighting nodes than there are bitcoin nodes.  By a factor of 2x if I am correct. (But I am not sure if Bitnode.com is reliable as a source of truth here)


It is a little scary though.  Because Bitcoin has been battle tested for 12 years, and attacked over and over.  But the Lightning network, which is going to enable Bitcoin to scale and work before CSBCs can get their pants on has not.  And a LOT of value is pouring into it.

You have to imagine some pretty smart black hats are trying to find a vulnerability.  And if they do, it could be catastrophic.

But if they don't?

I am personally betting a pretty large sum of money on the latter.  I hope I am right.

[d_eddie]

No significant movement yet. Maybe the weekend will make it clearer where we're headed to?