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

[cAPSLOCK]

Very interesting to see the current poll results...

Is the Bitcoin protocol's privacy "good enough"?
Yes   - 17 (35.4%)
No   - 14 (29.2%)
Not yet, but it will be after the taproot upgrade   - 17 (35.4%)
Total Voters: 48

To me, if we ignore the Taproot upgrade for a moment and  combine 2 and 3 the results would be something like this

Is the Bitcoin protocol's privacy "good enough"?
Yes   - 17 (35.4%)
No   - 31 (64.6%)    <------- 65% says No
Total Voters: 48

What does it mean? Aren't we satisfied with Bitcoin's protocol privacy?

Don't confuse privacy with security. As far as security is concerned, I think it's rock-solid, as has been shown by more than a decade of failed attacks and attempts to break it. No issues there.

As far as privacy is concerned, things are not so good -- yet. There are ways to protect it, but it's not automatic, one has to be aware of the various privacy issues and do things in certain ways in order to protect it. I think this is what's reflected in the poll result.

It is the reason that Bitcoin "maximalists" like me still believe Monero has a role to play presently.  If i wasn't so lazy I would dig up the post I made probably in 2015 where I talked about bitcoin NEVER being able to do what Monero does, and Monero NEVER being able to do what Bitcoin does, and this making them a sort of sibling pair.  

There are POWERFUL arguments for a transparent blockchain.  Nothing will ever bear Bitcoin at that.

There are also powerful arguments for an obfuscated blockchain to emerge.  And though much less clearly, Monero is the winner there. (I saw less clearly because NOTHING is established like Bitcoin is, and something *could* conceivably knock Monero off it's seat as the privacy king, though I think it's unlikely for a set of reason that has a LOT overlap with Bitcoin).  This has great implications and costs and you do not get the same level of security as you do with king daddy.

Anyway, interesting poll.  And I for one, look forward to the privacy improvements coming to Bitcoin.

[cAPSLOCK]

where khartoum is crossword
https://twitter.com/nayibbukele/status/1439815012642611203?s=21

Is there any evidence for this as well?
I can also write a lot....

Why would the president of a country lie about buying only $6.x million USD worth of Bitcoin?

That said the transaction probably happened off chain with some exchange somewhere OTC.

[cAPSLOCK]

The Ant dip is more looking like a Dip 

Ugh …

It hurts me to see the dude bearish.

[ChartBuddy]

Explanation

[aysg76]

This guy is surely heading towards safe journey of his and company and calling him lucky to buy at cheap prices like of $28k is not gonna work again.So it's better you realise it as early possible because when everyone will rush to buy it you may not get it at dips like this:

[ChartBuddy]

Explanation

[BillyCoiner]

Pepper Your Angus.

This crash is only just getting started. Sub 30k coming.

HFSP.

[nanobtc]

I suggest transferring this poll to a board where more regular users hang around however.  Am a bit curious how the results would turn out compared to this poll.

Wait, you mean there are other threads here???

[Sarah Azhari]

Pepper Your Angus.

This crash is only just getting started. Sub 30k coming.

HFSP.

please hold on to the rocket stalk

[Syke]

Anyway, interesting poll.  And I for one, look forward to the privacy improvements coming to Bitcoin.

Doesn't Lightning do it?

[JayJuanGee]

Holy shit I'm poor !

Wait a minute, didn't I have set up a nice ladder of buy orders ?

Checks exchange.

Holy shit I'm rich !

Mine does not work like that.

Sure, as the BTC price dips I have buy orders that cause me to buy more BTC, but the amount that I am buying is no way even close to the amount of value that the BTC price had dropped.

Yes, as the BTC price drops more and more satoshis are acquired so the total quantity of BTC goes up through such dropping of BTC price.....

So far in BTC's history, sooner or later the BTC has gone up and has gone up way more than the quantity of down, so acquiring BTC and stacking on the dips presumes that the BTC price is going to continue to go up in the long run... and by long run, many of us are hoping this cycle.. even though that is not guaranteed...

[ChartBuddy]

Explanation

[becoin]

Who sold at the bottom?

[JayJuanGee]

Pepper Your Angus.

This crash is only just getting started. Sub 30k coming.

HFSP.

Only sub $30k?  What happened to sub $10k and sub $20k?  Those predictions of yours were just a couple of months ago, and they did not work out very well for you Mr. Nocoiner.  right?  Were you able to pick up coins in the sub $20ks or sub $10ks for that matter?

price went the opposite, right?

So we had gotten mostly UPpity from $29k to $53k within about 6weeks from late July to early September.

Now we are having some correction and consolidation from that run.. .and doubtful that lower $30ks are going to be touched - even though anything is possible... but not seeming probable, at this time.

Sucks to be uie poo-ie, no?.. constantly hoping and betting on down that seems to be less than enduring.   Your down prices are not reached, so then you have to make your down predictions higher along the way... sounds like a typical troll bear, and sooner or later, you will be correct, but not too likely that you are going to be correct this time, even after you have already moved your price up $20k and $10k respectively from your earlier downity predictions, from just a couple of months ago... poor widdow tingle-a-lie..

Who sold at the bottom?

Maybe Billy no coiner did... ??

He seems a bit desperate in terms of wanting the BTC price to drop MOAR..


Even though cosmic forces seem to be against him

[ChartBuddy]

Explanation

[becoin]

It is always the same in Bitcoinland. What matters in the end is if you have today more bitcoins than yesterday. Why can't people learn?

[Poker Player]

Maybe Billy no coiner did... ??

He seems a bit desperate in terms of wanting the BTC price to drop MOAR..

Even though cosmic forces seem to be against him

I would not be surprised. I'm sure that many of those who preach that Bitcoin is going to go much lower when there is a downturn, or even that it will go to 0, are people with confirmation bias: they didn't buy in the past of maybe they bought and sold at a loss (out of panick) and now want the price to go to 0 to tell themselves they were right, instead of thinking about how foolish they were for passing up the opportunity to change their lives.

[Apocollapse]

Bought $44K.
Waiting my another order $42K and $40K to get filled up...

All my orders are filled up, lucky to bought every dip. 15-20% discount if you buy Bitcoin today, you'll regret in the future.

[Apocollapse]

I suggest transferring this poll to a board where more regular users hang around however.  Am a bit curious how the results would turn out compared to this poll. 

Regular users are here in WO, outside the forum are non regular user wears rainbow signature which like spamming in order to earn money.

[El duderino_]

Pepper Your Angus.

This crash is only just getting started. Sub 30k coming.

HFSP.

A Dip

Another Newbie

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