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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26370604 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 3 users with 9 merit deleted.)
hisslyness
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October 21, 2023, 01:11:14 PM
Merited by philipma1957 (2)

Well, if that dev Bob cited is right, then Lightning is apparently cooked unless a fix is possible.
If so, Phil has a solid argument as you cannot accommodate coffee buying on bitcoin (without Lightning).

Do I care? Not much as my infrequent txs can still be posted, but it (bitcoin) cannot be a medium of exchange for the planet.
Is BitVM any better? I have no clue, maybe it is too new.

Perplexed.

Last time I'd check, Bitcoin and Lightning was still being developed and improvements are being sort and worked through...

am I missing something?.... the narrative over the last a few pages make it seem like, that is it! we are fucked! nothing can be done to solve buying a coffee!

stop being a BTC maxer and let LTC/Doge do the lite work.

BTW I will be driving to the mine and dropping in 550th of BTC miners and zero Scrypt miners.

+2 sMerit for the 550th

-1 sMerit for the LTC/Doge statement!

Look I am a satoshi guy which means am a POW guy

So 3100 watts an hour with a s19xp means 141 x 0.0622 cents or $8.77 a day
and 3100 watts hour with an L7 means  9 x 1.31 usd or $11.79 a day

so we can argue all you want.  but my L7's are paid off and make $3.02 a day more

Which if you go back a bit on this thread you will read I cashed LTC and Doge in in order to buy more BTC.

So I ask you is spending 3100 watts an hour to get $11.79 in btc better than spending
3100 watts an hour to get $8.77 a day in btc?

I have earn more value with Scrypt  mining since 2018 than I have with BTC mining .

And I am far more invested in BTC gear and power  than scrypt .

The difference is my Doge mine and hodl was really really really really really good.

At the moment I am not holding my LTC or my Doge profits I am cashing them and setting up BTC DCA buys.

So if you read this you will see I am a BTC 85% person and 15% Scrypt

and it has worked well since 2018

You know i am only joking with you! and yes i know how heavily invested you are in Bitcoin Mining Gear! (Sometimes reading your post makes me want to get back into mining...)

And i cannot judge you when it comes to alternative mining.. Hell I've done the same before.. I remembered i had 50+ CPU rigs, that right CPU mining, running on a mining pool called LTCRabbit back in the day... payout and converted them all to Bitcoin. So yes i can relate..
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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philipma1957
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October 21, 2023, 01:23:26 PM

yeah and as I type I am getting very close to excited about the great buddy he has us sooo very close to 30k.  I would love to see us go to 33333 as I think we will be pushing up and over 30k soon.
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October 21, 2023, 02:04:54 PM


Explanation
Chartbuddy thanks talkimg.com
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October 21, 2023, 02:15:51 PM
Merited by fillippone (3), vapourminer (1)

This tweet reminds me of our beloved proudhon

It’s been a long time we have seen him. Where’s our speaking Llama?


https://x.com/loveisbitcoin21/status/1715727785220616223

https://bitcointalk.org/index.php?topic=49389.msg588258#msg588258
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October 21, 2023, 02:28:22 PM

missing proudhon. missing lastofthev8’s. might have that name wrong but he was a good wo member.

“ last of the v8s “ is correct spelling.
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October 21, 2023, 02:42:46 PM
Merited by sirazimuth (1)

missing proudhon. missing lastofthev8’s. might have that name wrong but he was a good wo member.

“ last of the v8s “ is correct spelling.

He is one of the best... loved when we had a drink... and some good talking
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October 21, 2023, 02:47:42 PM

Today.

AMRAP 9min

3 cleans +1 WallWalk
3 cleans +2 WallWalks
3 cleans +3 WallWalks
6 cleans +4 WallWalks
6 .... +7
6 .... +8
9 etc

FEW

Oh yes meanwhile BTC going steady
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October 21, 2023, 03:01:27 PM


Explanation
Chartbuddy thanks talkimg.com
vroom
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a Cray can run an endless loop in under 4 hours


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October 21, 2023, 03:16:42 PM

someone just don't want 30k to happen. I suppose they don't want to see the chopper fly.
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October 21, 2023, 03:33:07 PM

someone just don't want 30k to happen. I suppose they don't want to see the chopper fly.

30k in under a day yea!
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October 21, 2023, 03:42:23 PM

Are we in for a W-pump ?

Not until the Bunny posts a double bottom!  Grin
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October 21, 2023, 04:01:21 PM


Explanation
Chartbuddy thanks talkimg.com
philipma1957
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October 21, 2023, 04:07:28 PM

Buddy is such a tease 😈 but 29950 is better than  29907

come on bud just a bit more.
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October 21, 2023, 04:08:18 PM

....

30k in under a day yea!

Then a dump back to 25k and we do it all over again, hello.
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October 21, 2023, 04:09:07 PM
Merited by sirazimuth (1)

....

30k in under a day yea!

Then a dump back to 25k and we do it all over again, hello.

no ‘this time its different’
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October 21, 2023, 04:52:59 PM

....

30k in under a day yea!

Then a dump back to 25k and we do it all over again, hello.

no ‘this time its different’

Tongue in cheek?
I sincerely hope that this time is no different...but the world seems weird somehow.
Is this an alternative Universe?
Asking for a friend.
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October 21, 2023, 04:59:08 PM
Last edit: October 21, 2023, 05:13:42 PM by sirazimuth

....
Tongue in cheek?
.....

What's that?

....
Is this an alternative Universe?
.....

This forum sure is, it's why I like it here.

....
Asking for a friend.

Thanx bro!
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October 21, 2023, 05:01:21 PM


Explanation
Chartbuddy thanks talkimg.com
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October 21, 2023, 05:48:04 PM
Merited by fillippone (3), philipma1957 (1)

Hello

30
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October 21, 2023, 05:50:40 PM
Merited by philipma1957 (1)


By the way, last time I checked, less than 10 sats per vbyte to send transactions is not exactly going to kill anyone... and surely the current mempool status and even in the last three weeks, seems to have had been clearing 2-4 sats per byte without too many difficulties... .. which is $0.20 to $1 per transaction, unless maybe you are combining addresses, but you can send $100 or even $1billion for the same fee.  Not exactly expensive or broken... but hey, whine all you like.  It's a free country the last time I checked..


For a lot of us, the point was to get away from filthy fiat. The current state of the world financially should have been a huge boon for Bitcoin. Inflation frequently hanging out near double digits screams for an alternative. But when adoption turned to disadoption and the Bitcoin ecosystem withered away, a lot of incentive is lost when you have to deal with exchanges which represent counterparty risk and loss of privacy under US laws.

As to fees, it doesn't matter what they are right now but what they would be if Bitcoin was being used in a meaningful manner.

But my aim is not to convince anyone here and now, just plant seeds for when people start to open their eyes for themselves.
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