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

[philipma1957]

Well 1 issue is do we end all addresses that are not

bc1q****

A legacy can be made today so its not stale.

Frankly leaving at least a few old blocks from 2009 to 2010 is a good way of knowing if legacies are cracking from hacking.

There are 1000's of 50 coin blocks.

It would be wrong not to leave some open to cracking by hacking just to show that they really are crackle.

So a total freeze is truly absolutely wrong.

First off how many 2009 to 2012 addresses are frozen
Second off how many 2009 to 2012 addresses hold a block and are frozen

We all know 10,500,000 coins were mined then.

We all know some have been moved.

There should be a list of 4  groups

 never moved but clearly not a block payout.
Never moved but but clearly a block was paid in
Moved and some remain
Moved and empty.

Same for 2012 to 2017

So eight lists should be public and easy to see.


At least we know what we are fighting about.

And we certainly should not freeze all of them.  As that leaves the cracking and hacking ability not known.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[AlcoHoDL]

The thing with BIP-361 is, when we start freezing/seizing addresses and coins ... when will we stop? And who decides?

If it happens once, it will happen again, to a neighborhood near you. Remember Craig S. Wright?

Press the button and someone you don't know will die. And then someone else will press the same button, and they will not know you. Remember that?

[Hueristic]

The thing with BIP-361 is, when we start freezing/seizing addresses and coins ... when will we stop? And who decides?

If it happens once, it will happen again, to a neighborhood near you. Remember Craig S. Wright?

Press the button and someone you don't know will die. And then someone else will press the same button, and they will not know you. Remember that?

Difficult choices and that's why we all need to decide were we stand and hash it out now years before it becomes imperative.

A decade from now what will a coin be worth? 

Those coins going liquid will tank the value now, imagine when the value it upwards of a cool mil.

The main issue I think is that when those coins were minted everyone thought they would be inaccessible forever.

I'm of the opinion if Satoshi knew losing the keys was not in fact a gift forever then he would have black holed them himself.

[philipma1957]

https://blockchair.com/bitcoin/address/1KzvBTUbdwNBXiTkzr1msFUtPf7Vu2zLiu

Block 39 above

Untouched no withdrawals

Is it Likely satoshi well over 99%

https://blockchair.com/bitcoin/address/16cAVR3SQbNzu8KZtGdo8cG1iueWpcngxz

Block 99 untouched

99% likely to be satoshi


I certainly would want the full list of blocks 0 to 1000 that are spent this is the 50,000 coin mark

The full list of blocks 1001 to 10,000 that are spent the 500,000 coin mark

The full list of blocks 10,001 to 20,000 spent this is the 1,000,000 coin mark

[7788bitcoin]

The thing with BIP-361 is, when we start freezing/seizing addresses and coins ... when will we stop? And who decides?

If it happens once, it will happen again, to a neighborhood near you. Remember Craig S. Wright?

Press the button and someone you don't know will die. And then someone else will press the same button, and they will not know you. Remember that?

Totally agree, the goal post keeps on changing, create a precedence and the oligarch decide whose coins are confiscated, country, government, court and the list will go on.

~
Difficult choices and that's why we all need to decide were we stand and hash it out now years before it becomes imperative.

A decade from now what will a coin be worth?  

Those coins going liquid will tank the value now, imagine when the value it upwards of a cool mil.

It does not matter what the valuation will be at a given point of time, BTCitcoin is created to be an immutable asset and it should stay that way irrespective of what the economist think.

[philipma1957]

Block 945


https://blockchair.com/bitcoin/address/1DGgqqQHfwGX28FzenC2DgqX2fzgU99urQ#app-gallery

It was emptied in 2009


https://blockchair.com/bitcoin/address/1F5qTrHTyMujAsXeXYSGgQfBuHeFG5S1Gx

Block 4568 not touched

So my point is listing the blocks can create a better picture of what to argue for  against.

Freezing some of the early blocks  2009-2010 is a lessor evil

Than freezing all legacy addresses dangerous

Freezing no blocks is dangerous .

I would prefer 2009 to  2010 over all freeze or no freeze

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Gachapin]

80k by tomorrow

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Paashaas]

80k by tomorrow

Business cycle printed three months in a row over 50, means the expansion cycle is coming.

Bitcoin always follows.

$126k was not the cycle top in fact it was the first peak of the multi year Bitcoin super cycle.

$1 million BTC is just the baseline.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[El duderino_]

80k by tomorrow

Business cycle printed three months in a row over 50, means the expansion cycle is coming.

Bitcoin always follows.

$126k was not the cycle top in fact it was the first peak of the multi year Bitcoin super cycle.

$1 million BTC is just the baseline.

I respect all opinions and thoughts

But I do like the big difference between you and OGnasty
I’m leaning more towards this post … but still every outcome can happen

I’m ok and just riding the waves as how they come.

But let’s go PAASHAAS

Btw a new poll would suit this argument

@infofront, make a poll please OGnasty or PAASHAAS
Would be nice to see who people following the most in a way of thinking for a near-mid term period.

Maybe a 3th option not to agree with any of them.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Paashaas]

80k by tomorrow

--

I respect all opinions and thoughts

But I do like the big difference between you and OGnasty
I’m leaning more towards this post … but still every outcome can happen

I’m ok and just riding the waves as how they come.

But let’s go PAASHAAS

Btw a new poll would suit this argument

@infofront, make a poll please OGnasty or PAASHAAS
Would be nice to see who people following the most in a way of thinking for a near-mid term period.

Maybe a 3th option not to agree with any of them.

As long as we having fun together not interested in one upsmanship or a dick swinging competition.

[vapourminer]

I'm of the opinion if Satoshi knew losing the keys was not in fact a gift forever then he would have black holed them himself.

satoshi also left the 50 btc genesis reward unspendable when all it (seemingly) needed was like a few lines of code to specifically break out those 50. but he didnt. perhaps he meant to address the matter later but as we know..  maybe satoshi figured the same with early block rewards; deal with them later.

so here we are.. later lol
 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com