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

[Btcdeybodi]

My mothers final resting place.

It's hard..very hard.

I still cry a lot.

Appreciate and be fortunate if your parents are still alive. See them more often, make memories. Use your BTC wealth to buy something for them, don't be a greedy scrooge.

Mother's memories lives with us for a lifetime

My condolences @Paashaas

It's an inevitable call, we all gonna answer it someday

[WatChe]

@JayJuanGee
Let’s go for 00:00 UTC time on April 1, 2026 and for 0.001 Bitcoin. It’s just a bit of fun but let’s see who wins. I would happily pay a lot more money than that to see a nice shiny all time high because obviously I’d be making a hell of a lot more money that way

I’m a man of my word and will obviously pay out if I lose the bet but you know that any way

I already lost a bet to JJG so won't go for more. But it will be interesting to see outcome of this bet, as you both are a good match to each other in terms of knowledge and analysis.

May the best one win. Good luck

Maybe I have a bit of a personality problem in my recent attempts to want to bet anyone who I believe is taking a somewhat extreme position... so in that regard, it may well be good to win a bet in both directions, even though with you, even though BTC's price direction became more apparent after the fact, I felt that I needed to have odds because I was not very confident in it happening, even though you were proclaiming something close to 100% odds, including that you were sort of suggesting that I did not even need to put any value on my end, since you were so confident on your end.  You likely needed to lose that bet in order to learn a lesson in regards to taking extreme and/or absolute positions.

I think that the odds are fairly highly against LFC winning the bet, yet surely anything can happen, so I cannot really count on winning such bet until it happens.. including that we could end up having several more fakes up to $126,272 without crossing over it.. which might even cause more and more loss of confidence that a new ATH will end up being crossed prior to the end of the 1st quarter of 2026.

I do agree that I learned the lesson after losing 30$. The reason why I agree on placing the bet is because I made a claim and I don't like backing from that claim.

If you think you can win on that new offer then accept that offer since you will get 0.001 btc this time which is almost 100$. Just remember, in gambling winner is the one who knows when to stop.

 

[vapourminer]

Should I invest or not?? Who would bail the cat? Which do I follow? Haha 😆

yes

its "bell the cat"

no one

[philipma1957]

snip

If core 30 allows images without a "hack"

and all earlier cores allow images with only a "hack".

This is not true. You could do images without any "hack". I mentioned it in an earlier post.



snip

I personally do not have a decision on the fact that long term developers say that pre core 30 spam is a hack

and that core 30 is not a hack.


But I do know that if the chain is easily flood with images and information such as a complete Dox of the Federal agency that runs ICE there will be legal attack on BTC.

So I am fairly sure we will see a legal attack due to content spammed into the chain in the next few years.

[WatChe]

My mothers final resting place.

It's hard..very hard.

I still cry a lot.

Appreciate and be fortunate if your parents are still alive. See them more often, make memories. Use your BTC wealth to buy something for them, don't be a greedy scrooge.

Very sad to hear about sad demise of your mother. May she rest in peace.

There is no doubt that parents are the only two persons in life who do everything for their kids unconditionally. We don't understand what our parents have done for us, unless we become parents.  

"Parents were the only ones obligated to love you; from the rest of the world you had to earn it." Ann Brashares,

I lost my father 14 years ago. He was diagnosed with Kidney failure because of diabetes. I know take special care of my mother diabetes and kidneys functions.


Just few things which we can do to live a healthy life. Have your blood tests twice a year, if you are over 40. Keep strict eye on your blood sugar and Blood pressure. Do exercise regularly.

Death is a reality which we have to face one day, we have no control over it. What we can do is to maintain a good health to enjoy the life till we are breathing.
 

[Satofan44]

I personally do not have a decision on the fact that long term developers say that pre core 30 spam is a hack

and that core 30 is not a hack.

If you use the service of a miner or mine the block yourself, that is a hack? You can ignore said developers because they are wrong.

But I do know that if the chain is easily flood with images and information such as a complete Dox of the Federal agency that runs ICE there will be legal attack on BTC.

Since a complete DOX can be delivered in textual form, you can do this within the old OP_RETURN policy limit (using Core versions before v30). There is nothing that anyone can do to stop this. Even if you don't use OP_RETURN there are many different ways to store this. If people complain about the OP_RETURN thing too much someone will eventually do this on purpose because filterboys annoyed them too much about it.

So I am fairly sure we will see a legal attack due to content spammed into the chain in the next few years.

The adult thing here is to understand and to accept that you have no power to stop this. No matter what any developer does, neither you nor I can stop this from happening. We are entirely powerless, both to stop the storage of data and to stop any legal attacks that may come. We may win those legal battles, but we can't prevent the attack.
It is easy to say: You need to stop the storage of data into Bitcoin! The harder thing is to design a solution that looks like it would work. Lastly, the hardest thing is to reach a level of knowledge where you understand that this is basically impossible.

I don't like the spam but the only real solution would be to change to a protocol like Grin's where the types of transactions are extremely restricted. No Lightning, no sidechains, no contracts, no decentralized swaps ...

This is what you would have to do and it probably would still not work. It is just that Grin is not that interesting or relevant for someone to figure out other ways a way to store data there too (yet). Should we keep removing things from Bitcoin in a desperate attempt to stop the unavoidable? Even if we introduced a centralized transaction review committee, it would be still possible to obfuscate data into transactions in ways that would get approval by the review board. So what should people do? Whine and yell that doomsday is coming or accept that this is how information technology has always worked?

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[philipma1957]

I personally do not have a decision on the fact that long term developers say that pre core 30 spam is a hack

and that core 30 is not a hack.

If you use the service of a miner or mine the block yourself, that is a hack? You can ignore said developers because they are wrong.

But I do know that if the chain is easily flood with images and information such as a complete Dox of the Federal agency that runs ICE there will be legal attack on BTC.

Since a complete DOX can be delivered in textual form, you can do this within the old OP_RETURN policy limit (using Core versions before v30). There is nothing that anyone can do to stop this. Even if you don't use OP_RETURN there are many different ways to store this. If people complain about the OP_RETURN thing too much someone will eventually do this on purpose because filterboys annoyed them too much about it.

So I am fairly sure we will see a legal attack due to content spammed into the chain in the next few years.

The adult thing here is to understand and to accept that you have no power to stop this. No matter what any developer does, neither you nor I can stop this from happening. We are entirely powerless, both to stop the storage of data and to stop any legal attacks that may come. We may win those legal battles, but we can't prevent the attack.
It is easy to say: You need to stop the storage of data into Bitcoin! The harder thing is to design a solution that looks like it would work. Lastly, the hardest thing is to reach a level of knowledge where you understand that this is basically impossible.

I don't like the spam but the only real solution would be to change to a protocol like Grin's where the types of transactions are extremely restricted. No Lightning, no sidechains, no contracts, no decentralized swaps ...

This is what you would have to do and it probably would still not work. It is just that Grin is not that interesting or relevant for someone to figure out a way to store data there too (yet). Should we keep removing things from Bitcoin in a desperate attempt to stop the unavoidable? Even if we introduced a centralized transaction review committee, it would be still possible to obfuscate data into transactions in ways that would get approval by the review board. So what should people do? Whine and yell that doomsday is coming or accept that this is how information technology has always worked?

I  that developer's idea will be used to attack this new larger easier image insertion process.

Do not deny it is pretty much certain to happen.

Now if you read my original post you should realize I am all for the attack. If Btc wins great if it loses oh well it was flawed and deserves to die.

I am stilling willing to stack and hodl even though I am certain BTC will get dragged into court over the increased image size.

Fortunately for me if BTC get killed off I do not have my future tied into it.

This risk created by core 30 is real and it will hopefully last for a few years allowing lower controlled prices is 100k to 140k .

Then it will win the court battles created by core 30.

If you want to gaslight and say core 30 will not make a few court battles fine.

I am realistic and realize it will.

You should embrace the fight coming.


Those of you with 100plus btc have far more skin in this game.

So hope I am right and it goes to court and wins.

[cAPSLOCK]

I personally do not have a decision on the fact that long term developers say that pre core 30 spam is a hack

and that core 30 is not a hack.

This is one of the reasons why I am choosing to post everything that I've learned. 

I do find it interesting, though, that what I have posted so far, which honestly isn't that controversial, it has stirred up so much ire.

I will say this, pay attention to the tone of the people arguing as well as contradictory or very thin reasoning.  A lot of the tactics that I see being used are very common in political arguments.

I will get around to the interesting political angles that have come into play mostly on Twitter.

[philipma1957]

I personally do not have a decision on the fact that long term developers say that pre core 30 spam is a hack

and that core 30 is not a hack.

This is one of the reasons why I am choosing to post everything that I've learned. 

I do find it interesting, though, that what I have posted so far, which honestly isn't that controversial, it has stirred up so much ire.

I will say this, pay attention to the tone of the people arguing as well as contradictory or very thin reasoning.  A lot of the tactics that I see being used are very common in political arguments.

I will get around to the interesting political angles that have come into play mostly on Twitter.

Personally I have far less to lose if it expodes crashes and burns then most of the people here on the wo.

But I still think BTC will prevail in any court battles.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Satofan44]

I  that developer's idea will be used to attack this new larger easier image insertion process.

Do not deny it is pretty much certain to happen.

I have posted it on the previous page. This is worse than OP_RETURN and it has been in use regularly for a while now. The idea behind v30 is precisely to encourage or incentivize these spammers to use OP_RETURN instead.

I am stilling willing to stack and hodl even though I am certain BTC will get dragged into court over the increased image size.

It may, but it is not related to v30. Large images have already been stored before v30. Anyway, who are supposed to be the defendants in this lawsuit? Bitcoin Core developers? Do we need to go back to the Bitcoin Core is not Bitcoin discussions?  



Even if we updated the consensus rule to completely remove OP_RETURN, they will still be able to store images of "increased" size.

[d5000]

Tell me... Do you think he will change to op_return now?  His entire point is to shit in the punchbowl.

The whole USP of Stampchain is to be "unpruneable", so I don't think so.

At least I can imagine some mechanism where you could prune OP_RETURNs as a node runner directly after having calculated the merkle tree / txid (without having to wait until you reach the 512 MB) because the data behind an OP_RETURN can be ignored (for the Bitcoin protocol). Your node wouldn't be really a full node anymore but would have all the advantages of it. With fake public keys this isn't possible because you can never know if it's financial data or not ...

However, while mikeinspace invented that particular protocol, the method was already known much earlier (and as I suppose you know that was what motivated the creation of OP_RETURN).

[cAPSLOCK]

Tell me... Do you think he will change to op_return now?  His entire point is to shit in the punchbowl.

The whole USP of Stampchain is to be "unpruneable", so I don't think so.

At least I can imagine some mechanism where you could prune OP_RETURNs as a node runner directly after having calculated the merkle tree / txid (without having to wait until you reach the 512 MB) because the data behind an OP_RETURN can be ignored (for the Bitcoin protocol). Your node wouldn't be really a full node anymore but would have all the advantages of it. With fake public keys this isn't possible because you can never know if it's financial data or not ...

However, while mikeinspace invented that particular protocol, the method was already known much earlier (and as I suppose you know that was what motivated the creation of OP_RETURN).

Yes indeed.  Though it was fairly obvious the devs were tailoring it for the use of anchor hashes and even stated it should not be used for arbitrary data.

This change is not an endorsement of storing data in the blockchain. The OP_RETURN change creates a provably-prunable output, to avoid data storage schemes – some of which were already deployed – that were storing arbitrary data such as images as forever-unspendable TX outputs, bloating bitcoin’s UTXO database. Storing arbitrary data in the blockchain is still a bad idea; it is less costly and far more efficient to store non-currency data elsewhere.

https://bitcoin.org/en/release/v0.9.0#opreturn-and-data-in-the-block-chain

And mikeinspace is an enemy of bitcoin in my opinion.

[Biodom]

It seems to me BTC will face legal challenges which will get solved one way or another.

Unlikely.

Who will sue whom?
Can I sue electricity because it powered some people's nasty habits?
This story about pictures and files was already circulated few years ago...nothing happened.

A 5 or 20 dollar bill is presumed "innocent" regardless of what substances are on it.
Same here..if need to be, the protocol would be declared as existing beyond what people do with it.

EDIT: It seems that people focus too much on what could happen instead of what would likely happen. My opinion (based on the block universe theory) is that everything already happened, but if bitcoin didn't get smothered at the very beginning, the probability that it would continue for a while vastly exceeds the probability of it's sudden demise.

[Hueristic]

Key Takeaways:

    Rumble is set to launch Bitcoin tipping for its 51 million users through a partnership with Tether.
    The integration marks one of the largest mainstream adoptions of Bitcoin payments.
    Tether CEO Paolo Ardoino said the feature will empower creators globally by enabling payments in Bitcoin and stablecoins.

https://cryptonews.com/news/rumble-to-launch-bitcoin-tipping-for-51-million-users-in-partnership-with-tether/

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Satofan44]

It seems to me BTC will face legal challenges which will get solved one way or another.

I call bs on this prediction.

Who will sue whom?
Can I sue electricity because it powered some people's nasty habits?
This story about pictures and files was already circulated few years ago...nothing happened.

A 5 or 20 dollar bill is presumed "innocent" regardless of what substances are on it.
Same here..if need to be, the protocol would be declared as existing beyond what people do with it.

Yeah I am with you on this one.

Anyway, who are supposed to be the defendants in this lawsuit? Bitcoin Core developers? Do we need to go back to the Bitcoin Core is not Bitcoin discussions?  

Who would they even name as the defendant? Bitcoin itself?  Bitcoin Core developers are just aligning 1 policy rule of their client to the consensus rules. Bitcoin remains unchanged. 

EDIT: It seems that people focus too much on what could happen instead of what would likely happen. My opinion (based on the block universe theory) is that everything already happened, but if bitcoin didn't get smothered at the very beginning, the probability that it would continue for a while vastly exceeds the probability of it's sudden demise.

Exactly. As more time passes the likelihood that it will be defeated with existing attack vectors continues to diminish.

[OutOfMemory]

cAPS, did i miss or forget that fact about yours?
However, i may end up send you some future stuff of mine to have a listen to (as an audio professional).
Be warned  

About the op_return discussion that goes on here i mostly understand and share most of your opinions, by the lack of time and focus i didn't reply (yet?), but regarding the discussion as a whole, apart of the subject, the fucking hating and dividing sickness seems to spread everywhere, worse that Covid. Glad to see you're immune to that shit  

I would love to hear anything you've recorded.  I think there are several of us here who play something. Sir Azimuth has posted the occasional thing... We should try some wacky collaboration some time. 😁

Yeah, i'm all electronic producer (remix stems excluded), but i know how to slice analog drums. I could play live, but my Alesis e-drumset is very laggy on Midi-Out, but audio should be OK (8ms delay) and if i take the time to adjust the right preset, additional processing would be less intensive. Maybe it would be even better to record a dry vanilla set and use something like "drum replacer" to get some multitrack content to seriously work on.

As to the "opera turn" stuff (I think that's a kind of funny way to spell it considering the drama). Is a bigger mess than I had thought it would become at least socially.

Later today I will post my bullet list of the basic arguments of both sides.

I knew some aspects of the Core/Knots fights, but posts like these help me process the whole image more easily.

Who knows? Perhaps that will cause Satoshi himself to come join the thread to scold me. 🤔😁

I actually asked myself a couple of times already what has to happen that Satoshi decides to re-enter the scene.

[philipma1957]

if you are going to say that the larger image protocol is not going to cause a courtroom battle you are entitled to your opinions .

If I am going to say that the increased and eased ability to store large images will cause a courtroom battle or 2 or more I am entitled to my opinion.

We will find out since it is passed. The stage is set all we need is some time to;

A find out if there are legal battles over this.
B find out if BTC is a winner a loser or a push if A happens.

to me being an old school 2p2 users and not an old school hodler

I welcome it as this issue and controversy will suppress price for a while. This is to my benefit.