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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26963018 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 1 users with 9 merit deleted.)
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May 18, 2023, 03:01:24 PM


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May 18, 2023, 03:13:58 PM
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Good idea. But drinking lemonade with bitcoins would be very expensive. Here the cost will be 20-30 times higher due to the increased transaction fee of Bitcoin. So I consider it totally expensive. Business can be profitable if cryptocurrency other than bitcoin can be set in this business.



yes.. they may well need something like lightning network... which we know is the same as bitcoin in terms of the asset class that would be being used (or collected by the lil lemonade vendors in this case).. is merely a way to transact in bitcoin on the second layer rather than on the 1st layer.....

And, 25¢ lemonade?  Aren't those days gone?  When I was a kid we had penny, nickel and quarter gum ball(and toy vendor machines) and I even recall being able to put a dime into a coke machine to get a bottle of soda.. for 10¢... .. or a candy bar for right around that same 10¢ price.

So?  What's 25¢ going to get you?  25¢ is like the equivalent of a penny these days, no? 

Maybe in the coming 2-6 years, we might still be able to conduct some onchain transactions from time to time, but usually not for anything less than $10... even the coffee transactions are not very reliably cheap enough since we are going to need real low sats per vbyte rates in order to make those smaller transactions to be reasonable.. perhaps less than 10 sats per vbyte would allow for sub $10 transactions to be plausible.. .. but still are we pricing in dollars or bitcoin (sats)...?

For the past couple of weeks, we have been seeing consistently that onchain BTC transactions are hardly getting below 15 to 40 sats per vbyte (which might make onchain fees around $1-5 - also depending on how many inputs).. and there have been some periods well exceeding 100 sats per vbyte - including getting into the 100-300 sats per vbyte (which of course would cause onchain fees to be much higher, such as $10-$50, again depending on number of inputs) for those who either needed or wanted to have their onchain transactions going through right away.. Of course if you have a decently high amount that you are transacting (and with a stranger), then you may well double or triple the top of the transaction fee range, merely to ensure it goes through sooner, rather than later (in 10 minutes?  In an hour?  can you wait longer?).

Of course, there are quite a few ways that lightning network can work for these smaller level transactions, but people need to mostly already be set up with various lightning network wallet options - otherwise if they are wanting to get on or off of the main chain then they would have been stuck with some of the same problems of the high fees and the congestion of the main chain... and if someone might have been desperate to transact while using bitcoin and not opting for some other transaction mechanism (such as fiat, credit, shitcoins, etc) while still NOT wanting to pay higher bitcoin-related transaction fees, then such persons would have had been seeking out means in which they might be able to onboard onto lightning network.. getting on and off lightning network .. but sometimes just transacting the value does not necessarily mean that it has to be converted into some other kind of asset class or currency as long as the value had been transacted.

But in the ended who doesnt want big boobs dicken Titten?

Me.
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Mmmmmm i will try, its gonna be hard.
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Richy gave him talkimg.com, but Buddy's still being a bad boy.
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May 18, 2023, 06:23:21 PM

Countries in Africa be like : Fuck this retarded ass shit Bljatcoin and creates its own with Gold Backing. Commendable. Bravo !
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Wild guess says you're somewhere near:
Cassa Bella Italia
Seestraße 11, 4750 Bütgenbach, Belgium
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May 18, 2023, 07:11:36 PM
Merited by darkangel11 (1)

Countries in Africa be like : Fuck this retarded ass shit Bljatcoin and creates its own with Gold Backing. Commendable. Bravo !

Yeah.  Let's see how that ends up going.

Don't be too much in a hurry to judge outcomes.. especially since you seem to not know shit about bitcoin, and hardly even willing to learn about it... for the past 8-9 years-ish...

Must suck for uie-pooie to be a no coiner in these here times, and then be spending your time in bitcoin forums trying to rationalize your dumbass mistakes of the past and your ongoing continued unwillingness to either learn or to act upon better information that is available.. namely dee cornz.
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May 18, 2023, 07:21:13 PM
Last edit: May 18, 2023, 07:49:25 PM by eXPHorizon

poor uliepooie it is you who is stuck in 2009 with the idea of Bljatcoin dream. To enlighten ur old arse i learned way more about this than you

taps on your forehead : Wake up . It is 2023
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Wild guess says you're somewhere near:
Cassa Bella Italia
Seestraße 11, 4750 Bütgenbach, Belgium

Good catch. He's in front of the building on the left of this spot on google maps, but it's a private road so we can't get there.

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May 18, 2023, 09:35:45 PM
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The picture was taken in this place:



You see the same white letterbox, and from that table, you have the very same prospective (those houses have been re painted).


Casa Bella Italia
https://maps.google.com/maps?saddr=&daddr=Seestrasse+11%2C+Butgenbach+4750+Belgio@50.4265,6.207222

EDIT: Damn, beated me to time!
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May 18, 2023, 09:47:27 PM
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Merited by Gachapin (1)

poor uliepooie it is you who is stuck in 2009 with the idea of Bljatcoin dream. To enlighten ur old arse i learned way more about this than you

taps on your forehead : Wake up . It is 2023

I did not start in bitcoin until late 2013, and I did not even really have much of any clue about what it was prior to late 2013 (except that I had heard the name).  


So I started learning about bitcoin in late 2013 (in November) at about the same time that I started to buy it.

Even if you suggest that I am still caught in 2013 or some other timeline around then, you are the one who seems to be out of touch, especially since bitcoin has come a long way since late 2013.  Haven't you even noticed that?  Those are the basics, no?

Bitcoin is out of the bag, and it has transformed (transitioned?) into something close to an unstoppable force..

Bitcoin is a paradigm-shifting invention (discovery) that cannot be uninvented (undiscovered), and so if you realize the significance and impact of such a thing that might fit in the category of paradigm-shifting, then you may well realize that bitcoin is such a protocol level kind of thing in which other things are built on top of it, and at the same time, bitcoin is the ONLY real native token that would be quite difficult to replace, since it is the leader in its space and any kind of replacement would likely need to be in the neighborhood of 10x greater (or perhaps more than that?) in order to replace/unseat it from its place.  

There seems to be no asset class that is even close to as good as bitcoin, and if you know about one, then please point it out.  Go ahead.  I am waiting.  

Maybe even if I tried to help you out, you could say something like gold or property.. or maybe you could name some specific equities (ownership in companies).. .. Of course, bitcoin has some gold-like properties (related to money and store of value), but bitcoin is likely at least 1,000x better than gold in a variety of ways that have to do with transportability but really where bitcoin outperforms gold is bitcoin's verifiability (every 10-minutes), and property has limitations in terms of physicality, fungibility, liquidity and transportability problems..   Equities are surely connected to the performance of various centralized entities (and people), so there is going to be a lot of variance with equities as an asset class.. or in terms of a kind of universal and generic kind of a class of an asset that bitcoin seems to be.  


So go ahead..

Anything?


Anything?

.................................

Anyone?


Anyone?




Do you know what I'm talking 'bout Willis?

Apparently not.

Many of us likely realize that you are a bit of a dumb fuck (or at least you play one on TV), and seem to want to argue about something in order to describe bitcoin in some kind of a non-sensical and ill-informed kind of a way, that shows you to likely be disingenuine at best, since no one could be that dumb, right?


 Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy
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Wild guess says you're somewhere near:
Cassa Bella Italia
Seestraße 11, 4750 Bütgenbach, Belgium

You know the place ? How do you find it ?, its a little town.
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