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

[Hueristic]

Last two BSV Shitcoin Bag Holders spotted in the wild!

what about xec? it is worth

0.000024 usd a coin.

I think I'm too stupid to understand your question.

[1715369535]

1715369535

[elrippos friend]

Austrian motherf*kcer 

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[Karartma1]

Comically bad shilling for the Rube Goldberg machine, Larry Summers Lightning Network

I suggest everyone in this thread to read this post right this second concerning Lightning Network.  This is actually supposed to be a PRO-LN post, yet it comes off as just a comically dysfunctional Rubix cube that looks like something Comedy Central would post as a joke:

https://blog.muun.com/the-inbound-capacity-problem-in-the-lightning-network/

The idea that garbage could be in ANY WAY useful or usable at all for end users is outrageous.  And the post even inadvertently shows you why LN is designed to completely centralize where all your transactions will be routed through a single permissioned bank.  I LAUGH IN THE FACE of anyone that claims this is "the future".  The future of dystopia maybe.

Just a blast from the past... you miss him, don't you.  Bah.  He is one of the few humans I sincerely would feel ZERO sadness for if I heard he was run over by a train.

But I gotta quote this since I came to update some of my LN thoughts.

I keep three lightning wallets on my phone.  Wallet of Satoshi.  Bulletproof custodial. Teeny fees.  Totally worth having if you have trouble with the other two or if you want to have a 100% drop dead easy time with it.  Zeus. By far the best front end for your own node.

But the reason I came was a sleeper I just had not spent much time with.

Muun.

This is one of the most impressive pieces of bitcoin software I have ever used.  I heard Dorsey praise it during the silly interview, and my estimation of him went up a little.

First of all the damn thing is just a smooth implementation.  It works great.  I have done a huge range of payments with it, and I have sent it over a 100$ inbound.  The fees are not inflated.  I am curious how they solve the inbound liquidity problem.  But hre are the bullet points:

Good BECH32 BTC wallet.
The best main chain fee estimation I have seen.
Seamless, perfect LN integration.
Normal LN fees. No premium.
Somehow achieves inbound liquidity.
Neutrino non custodial node.
Backups!

That last one is the real area the things shines.  Muun is a 2of2 multisig wallet.  You hold BOTH keys, and control them both.  But only ONE of them is ever on your phone.  Muun provides the service of cosigning your spends. But they only have one key.  This means if someone gets your phone?  They can't get your bitcoin.  You can make 3 different kinds of backups.

You can use an email address and a password to collaborate with Muun to restore your wallet.  Or an email address and your seed to do it on your own, OR if you lose everything you can decrypt a file that has both keys in it using your password.

They are ahead of all other projects when it comes to creating something easy enough for a noob to run as well as well thought out enough to be useful to one of us jabrones.

It's my new fav.

Screw Roach.  Such wrong.  Wow.

What have you brought up man!

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[ChartBuddy]

Explanation

[bitcoinPsycho]

Progress

7.7% increase over 7 days

[kellrobinson]

Went back and looked at PlanB's original 2019 stock-to-flow paper.  Here is the chart I generated when I tried to replicate his math.  You should ignore the curve before the first halving, it's kind of arbitrary, depends on what you set as a starting date.  I used pizza day, but it doesn't really matter because the choice of starting day has no effect on anything after the first halving on November 28, 2012; that stuff is set in stone once you settle on your parameters.  I used PlanB's original equation,
ln(marketcap) = 3.31954 * ln(stock/flow) + 14.6227
Anyway, if there's anything to this s2f stuff, the next year or two should cheer us up.

We may top $100k and settle down somewhere between $70k and $80k this cycle.
https://hardworkandlowpay.wordpress.com/2021/07/19/s2f-redux/

[ChartBuddy]

Explanation

[Saidasun]

Do you just love the color green? I know I love the color green. I love ChartBuddy to.

I made it guys you cool people in this thread got me to 250 merits. I will never let anyone speak bad of this place you guys are the best

[Saidasun]

Progress

7.7% increase over 7 days

10% in 14 days heard it here first

[ChartBuddy]

Explanation

[_javi_]

I dont remember seeing this posted over here...

"Come build the future with us..."
https://www.amazon.jobs/en/jobs/1644513/digital-currency-and-blockchain-product-lead

"...The Payments Acceptance & Experience team is seeking an experienced product leader to develop Amazon’s Digital Currency and Blockchain strategy and product roadmap..."


 

go BTC, go!!

[Toxic2040]

Went back and looked at PlanB's original 2019 stock-to-flow paper.  Here is the chart I generated when I tried to replicate his math.  You should ignore the curve before the first halving, it's kind of arbitrary, depends on what you set as a starting date.  I used pizza day, but it doesn't really matter because the choice of starting day has no effect on anything after the first halving on November 28, 2012; that stuff is set in stone once you settle on your parameters.  I used PlanB's original equation,
ln(marketcap) = 3.31954 * ln(stock/flow) + 14.6227
Anyway, if there's anything to this s2f stuff, the next year or two should cheer us up.

We may top $100k and settle down somewhere between $70k and $80k this cycle.
https://hardworkandlowpay.wordpress.com/2021/07/19/s2f-redux/

+1WOsMerit

thats a nice looking chart...it would be nice to see some closer to current price images imo with the trendlines shrunk accordingly

thanks anyhoo
 
-----------

Do you just love the color green? I know I love the color green. I love ChartBuddy to.

I made it guys you cool people in this thread got me to 250 merits. I will never let anyone speak bad of this place you guys are the best

keep posting on topic, off topic, irreverent and/or just plain funny content and you should be fine

-----------
^^
only one question really...where are your hats guys?

[Saidasun]

only one question really...where are your hats guys?

I do need to get a hat I am letting the team down. I will get to it asap

[Toxic2040]

the morning wall report


#dyor

4h



D

#stronghats

[ChartBuddy]

Explanation

[Toxic2040]

I have always liked David Attenborough's narrations but this might be his finest..its on all the major outlets I believe...must see tv imo.

trailer on YT
A Perfect Planet

In the first part they start off showing lesser flamingos in Africa...I had no idea...blew me away..the cinematography is breathtaking.