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

[cAPSLOCK]

When I first spun up my lightning nodes in 2019 they would possibly route 2 or 3 transactions (not my own) each month.

In 2020 they would process 2-5 transactions a week.

In early 2021 they would do 20-50 a month.

For the last week I am seeing HUNDREDS of transactions go through a DAY.

[1715129710]

1715129710

[1715129710]

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[Fatman3001]

Bleed ALOT!!!

yah, don't do that

We needed a diversion!

Well played, Sir... Well played.

[ChartBuddy]

Explanation

[cAPSLOCK]

Block 700000 soon.  Cool!

[JayJuanGee]

When I first spun up my lightning nodes in 2019 they would possibly route 2 or 3 transactions (not my own) each month.

In 2020 they would process 2-5 transactions a week.

In early 2021 they would do 20-50 a month.

For the last week I am seeing HUNDREDS of transactions go through a DAY.

But what does that mean?

[ChartBuddy]

Explanation

[Hueristic]

Bleed ALOT!!!

yah, don't do that

We needed a diversion!

Well played, Sir... Well played.

Hah, this just reminded me of the time I lit my beard on fire at the bar and distracted my Buddy and his chick from the blowout they were working up too.

Lol good times.

[cygan]

Number go down.

LFC’s car game go up - New ride.

also a new ride - thanks BTC

 Two phones as well?  You baller! 

edit: I am not awake in the least.

I also asked myself this question when I wanted to connect to the flash mob ... but I cooled down and came to the conclusion that they were just photographing each other. 

you are welcome to join our baller club - all you need is a cool ride and some Bitcoins in your wallet
and then the three of us can take pictures of each other

[Dragonfund]

https://twitter.com/nic__carter/status/1435671332738510854?s=20

https://www.atoms.com/bitcoin

Brethren!!  The adoption is real
Pre-order is available till September 29 2021

[Dabs]

When I first spun up my lightning nodes in 2019 they would possibly route 2 or 3 transactions (not my own) each month.

In 2020 they would process 2-5 transactions a week.

In early 2021 they would do 20-50 a month.

For the last week I am seeing HUNDREDS of transactions go through a DAY.

But what does that mean?

It's showing the adoption of the Lightning Network. More transactions happening today than last year, at very low fees. These are considered "off-chain" because they are not on the L1 main-net. This is good news.

What the numbers translate to, we can't know for sure, it just means lots of people are using bitcoin.

[goldkingcoiner]

Masterbation will not kill you. #justsaying

A lot of things can kill you. A tiny clump of blood in the wrong place at the wrong time, a short-circuit in one of your tools, you get misdiagnosed and mistreated by your doctor (statistics say 10% of doctors will accidently fuck you up.)

And this kid died from jacking it: https://theboxhouston.com/8586872/brazilian-teenager-dies-after-masturbating-42-times-without-stopping/

In your case I would worry more about pissing off the wrong people. 

[OutOfMemory]

https://twitter.com/nic__carter/status/1435671332738510854?s=20

https://www.atoms.com/bitcoin

Brethren!!  The adoption is real
Pre-order is available till September 29 2021

They even look skateable, probably not for long, though...

Masterbation will not kill you. #justsaying

A lot of things can kill you. A tiny clump of blood in the wrong place at the wrong time, a short-circuit in one of your tools, you get misdiagnosed and mistreated by your doctor (statistics say 10% of doctors will accidently fuck you up.)

And this kid died from jacking it: https://theboxhouston.com/8586872/brazilian-teenager-dies-after-masturbating-42-times-without-stopping/

damn hypomagnesemia 

[xhomerx10]

Masterbation will not kill you. #justsaying

A lot of things can kill you. A tiny clump of blood in the wrong place at the wrong time, a short-circuit in one of your tools, you get misdiagnosed and mistreated by your doctor (statistics say 10% of doctors will accidently fuck you up.)

And this kid died from jacking it: https://theboxhouston.com/8586872/brazilian-teenager-dies-after-masturbating-42-times-without-stopping/

In your case I would worry more about pissing off the wrong people. 

 Regardless, I'm sure it was labelled a covid death.

[goldkingcoiner]

https://twitter.com/nic__carter/status/1435671332738510854?s=20

https://www.atoms.com/bitcoin

Brethren!!  The adoption is real
Pre-order is available till September 29 2021

This isn't your advertising channel. Also the quality looks like shit.

Masterbation will not kill you. #justsaying

A lot of things can kill you. A tiny clump of blood in the wrong place at the wrong time, a short-circuit in one of your tools, you get misdiagnosed and mistreated by your doctor (statistics say 10% of doctors will accidently fuck you up.)

And this kid died from jacking it: https://theboxhouston.com/8586872/brazilian-teenager-dies-after-masturbating-42-times-without-stopping/

In your case I would worry more about pissing off the wrong people. 

 Regardless, I'm sure it was labelled a covid death.

Oh definitely.

[bitebits]

https://old.reddit.com/r/Bitcoin/comments/pkp136/technical_analysis/

[marcus_of_augustus]

When I first spun up my lightning nodes in 2019 they would possibly route 2 or 3 transactions (not my own) each month.

In 2020 they would process 2-5 transactions a week.

In early 2021 they would do 20-50 a month.

For the last week I am seeing HUNDREDS of transactions go through a DAY.

But what does that mean?

.... give yourself a wee slap JJG, it means Metcalfe's Law is now effective on Layer2 networks as well

... value of the network scales as the square, power 2, function of transactions as proxy for connectedness

Edit: actually pondering this a little further the Lighting network has a much better metric for connectedness in the Metcalfe Law sense than the mainnet, payment channels .... is anybody collecting that data, how many total channels open on the network over time??

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3078248 ... needs updating for L2

[Dragonfund]

https://twitter.com/nic__carter/status/1435671332738510854?s=20

https://www.atoms.com/bitcoin

Brethren!!  The adoption is real
Pre-order is available till September 29 2021

This isn't your advertising channel. Also the quality looks like shit.

You sound angry!!
I have nothing to do with that, you can see the source in there, anything to spread the word of bitcoin is a good idea. Not all Nike shoes are great by the way.

[OutOfMemory]

This isn't your advertising channel. Also the quality looks like shit.

You sound angry!!
I have nothing to do with that, you can see the source in there, anything to spread the word of bitcoin is a good idea. Not all Nike shoes are great by the way.

Legit point, DF.
Not because every Nike shoe i put on my feet starts to stink after a short while. Even Nike Skateboarding models, of which i got a pair since three years now. Not that they are so durable, but i use em only to mow the lawn. Skating in them makes me wanna put them outside in the sunlight for two weeks   

[goldkingcoiner]

You sound angry!!
I have nothing to do with that, you can see the source in there, anything to spread the word of bitcoin is a good idea. Not all Nike shoes are great by the way.

Yeah... Im sure you have no stake in advertising this product. Im not angry, the quality of the shoes looks low. Im sure you could buy these from China for like $3.29 cents. Even the commentators on twitter are shitting on the shoes... $130USD for a pair? Lol. Its basically the scamcoin of shoes.

[ChartBuddy]

Explanation