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

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[cAPSLOCK]

Here is a link to a video that lays out something that's happening in the Core GitHub right now, which is a little bit annoying to say the least.

Is it just me or his Peter Todd always rustling up these kinds of problems?

I think Kratters conclusion, which is these things are complicated, but when you start to see conversations being shut down, it's a red flag is pretty on point.

Sadly, this has the potential to turn into a fork. I kind of hate that it's happening right now for sure, and it sort of seems like this is why we can't have nice things.

I also can't believe that I'm seriously considering switching to Knots. Considering the goofy number of nodes that I run, it's going to be a pain in the ass.

Forgive me if this has already been posted or is being discussed.

https://youtu.be/o7kCqwR9x24

Unfortunately, this thing never went away. I don't go to Twitter, but I understand that it's roiling on there.

🤕

This is an interesting drama I must admit. Both sides make some pretty good points. I’m not sure the potential for a fork is there currently, but maybe it would heat up to that. I’m honestly not sure which side would win. In 2017 Core was able to push the narrative that BCH was the evil fork that was trying to destroy Bitcoin. Now I think Core is going to be painted as the guys who want to allow illegal images to be stored on the blockchain. I’m not sure this fork would go their way or which side would end up getting censored here this time. I do like the idea of Core having a catch phrase. Censor forums, not blockchains. LOL

From what I understand, they're taking the data carrier limit from 82 bytes to 100,000.

I think their strongest argument is it's a free market and a fee market. People should be able to store whatever they want if they're willing to pay the price.  And op_return is prunable, that would be the place to store things.

But the argument I hear the making most often is that the 'plebs' are too stupid to know why this is the right thing to do.

That one's a red flag for me. That's the exact same argument csw made.

That and the fact that they just basically told the rest of the community to fuck off. 

The whole thing smells to me to be honest.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[cAPSLOCK]

Here is a link to a video that lays out something that's happening in the Core GitHub right now, which is a little bit annoying to say the least.

Is it just me or his Peter Todd always rustling up these kinds of problems?

I think Kratters conclusion, which is these things are complicated, but when you start to see conversations being shut down, it's a red flag is pretty on point.

Sadly, this has the potential to turn into a fork. I kind of hate that it's happening right now for sure, and it sort of seems like this is why we can't have nice things.

I also can't believe that I'm seriously considering switching to Knots. Considering the goofy number of nodes that I run, it's going to be a pain in the ass.

Forgive me if this has already been posted or is being discussed.

https://youtu.be/o7kCqwR9x24

Unfortunately, this thing never went away. I don't go to Twitter, but I understand that it's roiling on there.

🤕

This is an interesting drama I must admit. Both sides make some pretty good points. I’m not sure the potential for a fork is there currently, but maybe it would heat up to that. I’m honestly not sure which side would win. In 2017 Core was able to push the narrative that BCH was the evil fork that was trying to destroy Bitcoin. Now I think Core is going to be painted as the guys who want to allow illegal images to be stored on the blockchain. I’m not sure this fork would go their way or which side would end up getting censored here this time. I do like the idea of Core having a catch phrase. Censor forums, not blockchains. LOL

From what I understand, they're taking the data carrier limit from 82 bytes to 100,000.

I think their strongest argument is it's a free market and a fee market. People should be able to store whatever they want if they're willing to pay the price.  And op_return is prunable, that would be the place to store things.

But the argument I hear the making most often is that the 'plebs' are too stupid to know why this is the right thing to do.

That one's a red flag for me. That's the exact same argument csw made.

That and the fact that they just basically told the rest of the community to fuck off.  

The whole thing smells to me to be honest.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

Sideways grind contiunes

[JimboToronto]

most people are stuck in a programmed life. where hard work, saving, and waiting for retirement is called freedom. But real freedom is stepping outside, those invisible walls

Saving is not the problem, debt is. Other than that, I agree.

Turn on (open your mind), tune in (see what's really happening), drop out (stop participating in the bullshit).

Timothy Leary knew. Smartest brain of the 20th century.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[JayJuanGee]

Here is a link to a video that lays out something that's happening in the Core GitHub right now, which is a little bit annoying to say the least.
Is it just me or his Peter Todd always rustling up these kinds of problems?

I think Kratters conclusion, which is these things are complicated, but when you start to see conversations being shut down, it's a red flag is pretty on point.
Sadly, this has the potential to turn into a fork. I kind of hate that it's happening right now for sure, and it sort of seems like this is why we can't have nice things.

I also can't believe that I'm seriously considering switching to Knots. Considering the goofy number of nodes that I run, it's going to be a pain in the ass.
Forgive me if this has already been posted or is being discussed.

https://youtu.be/o7kCqwR9x24

Unfortunately, this thing never went away. I don't go to Twitter, but I understand that it's roiling on there.
🤕

This is an interesting drama I must admit. Both sides make some pretty good points. I’m not sure the potential for a fork is there currently, but maybe it would heat up to that. I’m honestly not sure which side would win. In 2017 Core was able to push the narrative that BCH was the evil fork that was trying to destroy Bitcoin. Now I think Core is going to be painted as the guys who want to allow illegal images to be stored on the blockchain. I’m not sure this fork would go their way or which side would end up getting censored here this time. I do like the idea of Core having a catch phrase. Censor forums, not blockchains. LOL

From what I understand, they're taking the data carrier limit from 82 bytes to 100,000.

I think their strongest argument is it's a free market and a fee market. People should be able to store whatever they want if they're willing to pay the price.  And op_return is prunable, that would be the place to store things.
But the argument I hear the making most often is that the 'plebs' are too stupid to know why this is the right thing to do.

That one's a red flag for me. That's the exact same argument csw made.
That and the fact that they just basically told the rest of the community to fuck off.  

The whole thing smells to me to be honest.

Are you saying that Core has been co-opted by the state? or that non-core folks?  I don't like the idea of forcing through a change.. but may be there is no way to get consensus.. but yeah no one should be able to force through a change... yet I suppose if changes are made, then you can run core versions that pre-dated the change and don't update with the change, no?

most people are stuck in a programmed life. where hard work, saving, and waiting for retirement is called freedom. But real freedom is stepping outside, those invisible walls

Saving is not the problem, debt is. Other than that, I agree.

Turn on (open your mind), tune in (see what's really happening), drop out (stop participating in the bullshit).
Timothy Leary knew. Smartest brain of the 20th century.

Sure debt is part of the problem that relates to debasement of the dollar and debasement of savings so that your money does not hold value if it is kept in dollars and it does not even hold value if it is held in assets that are propped up by the dollar (the debt system)..

The dollar is not backed by anything, even though people do not realize it. so the whole debt based system causes perversion of the value of assets too..

If the asset is harder, then it might have some chances of holding value, which bitcoin is hard (meaning scarce and difficult to duplicate and/or nearly impossible to debase), but then it is liquid too.. but still being attacked and attempted to be coopted and manipulated, and those cooptations and manipulations may well not be successful... at least that is the bet to keep some allocation in bitcoin.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[jbreher]

By the way jbreher, recently I had mentioned you as a guy who seemed to be having difficulties with unit bias, so hopefully you have recently gotten over gifting bitcoin in 1 coin increments.  

I stopped gifting in 1 BTC increments when the $USD value of 1 BTC exceeded the IRS nontaxable gift maximums.

What a legend 

Nah - just a person with patience and a vision...

[Findingnemo]

Sideways grind contiunes

Another boring day? Perfect, I can go make coffee. ¯\_(ツ)_/¯

[jbreher]

By the way jbreher, recently I had mentioned you as a guy who seemed to be having difficulties with unit bias, so hopefully you have recently gotten over gifting bitcoin in 1 coin increments.  

I stopped gifting in 1 BTC increments when the $USD value of 1 BTC exceeded the IRS nontaxable gift maximums.

so, basically we will be able to gift whole cornz again later this year?

buy the dip lol?

Personally, I don't think we've come close the the face melting blowoff top this cycle. Though I do envision it ending in a huge crash - to .... umm ... maybe $200K?

DYOR

[jbreher]

And it feels like bears shaking a tree with a honeycomb on it.

Ah Hey Boo-BOO! Let's go get us a pick-a-nick basket!

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[jbreher]

Every move up is preceded by a few ants dumping. This smells like intimidation. Let us not be scared.

The royal "us"?

The WO us.

Synonymous?

Gold teeth, Grey Goose, trippin' in the bathroom
Bloodstains, ball gowns, trashin' the hotel room
We don't care, we're driving Cadillacs in our dreams
But everybody's like
Cristal, Maybach, diamonds on your timepiece
Jet planes, islands, tiger's on a gold leash
We don't care, we aren't caught up in your love affair

And we'll never be royals (Royals)
It don't run in our blood
That kind of luxe just ain't for us
We crave a different kind of buzz
Let me be your ruler (Ruler)
You can call me queen bee
And baby, I'll rule (I'll rule, I'll rule, I'll rule)
Let me live that fantasy

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com