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

[HairyMaclairy]

You took your sweet time because it took nearly a year to hit 0.066

[P_Shep]

All hats come with a 100% guarantee¹.



 avatar-sized



¹ I guarantee I enjoy making them.

My first ever avatar.

Thanks xhomerx

[Ibian]

Can any of the segwit shills explain why segwit is better than a simple blocksize increase? Never seen anyone even try, and until such time I continue to maintain that segwit was a mistake.

[El duderino_]

Indeed my math did suck yesterday, gonna try again...

Damn 91,568$ until the 100,000K party

goodmorning WO-members F*** 6 pages or something ... had a quick look on my phone and damn XhomerX was being productive Nice HATs!!!!

[realr0ach]

Can any of the segwit shills explain why segwit is better than a simple blocksize increase? Never seen anyone even try, and until such time I continue to maintain that segwit was a mistake.

IMO segwit channels are only useful as something like a backend arb device between exchanges, not for end users.  The only endgame network topology of the Lightning Network is a system where you have a single channel open with a bank that routes all your transactions.  For Lightning Network not to have been a trojan horse scam, it would have required routing be a native feature like how mixing is a native Monero feature.  As it stands right now, anyone shilling for Lightning Network is shilling for 'the man', or 'the Jew' as the case may be.  As if Blockstream launching a satellite wasn't a dead giveaway it's backed by (((big money interests))).

[HairyMaclairy]

Afaik transaction malleability breaks LN.  So Segwit is necessary for LN as it fixes transaction malleability.  Also BIP 114 for MAST requires Segwit.

Meanwhile roach confuses LN and Liquid.


Edit:  no need to take my word for it.  This is what Andreas says:

[El duderino_]

BTC= playing with r0ach, drops a little bit And he instant bites of-course

[realr0ach]

Meanwhile roach confuses LN and Liquid.

No, I did not.  I made the statement payment channels are only useful as something like a backend exchange arb mechanism.  A proprietary financial tool and not something relevant to normal people.  Since routing is not both blinded and a mandatory, forced function of LN, it was always going to be a trojan horse scam to put people right back in the existing permissioned ledger banking system.  

Since opening channels would be retardedly expensive with mainstream adoption, the only functional way to do business is to route all your transactions through a bank that already have channels to everywhere relevant configured and enough liquidity to operate them since funds locked in different channels are not fungible with one another.  Hell, it's not even a good system for banks in practice, worse than what they already have.  Regardless, shilling for the Lightning Network is nothing more than shilling for the cashless society slavery system the bankers have espoused to want to force you into.

[hv_]

Afaik transaction malleability breaks LN.  So Segwit is necessary for LN as it fixes transaction malleability.  Also BIP 114 for MAST requires Segwit.

Meanwhile roach confuses LN and Liquid.

Nope, u could impl LN also on BSV

[JayJuanGee]

If satoshi had wanted changes in bitcoin, he would have stuck around past 2010.

Perhaps. But he left. And rather than no changes, we had The SegWit Omnibus Changeset rammed down our throats. The biggest change ever to happen to the Bitcoin Protocol. Well, since being invented to begin with.

Segwit was a great thing to get passed, locked in and then implemented.  Bitcoin has been bullish as fuck since it beat the fuck out of those naysayers who were then (in mid 2017) calling for its demise due to NO plans for BIG BLOCKs... and they seemed to have gotten their asses handed to them, the bitcoin naysayer nutjobs, no?  Even though they are not dead yet, and the various shitcoiners and bitcoin attack vectors seem likely to pump again on the coattails of BIG DADDY, bitcoin.

Am I NOT koreck?

Segwit was the shitcoin created - and got Support only from ano anarcho speculants yet.

No buisness for P2P cash or even the funny new store of value Feature ever adopted it - and never will

U live in a PoSM cloud


 

You are the one living in a cloud if you cannot recognize the advancements of segwit, including backwards compatibility and increases in options that allow a decent array of building upon bitcoin....

So, in terms of the use of the term "shitcoin," you must be getting mixed up.  There was no additional coin created, and in the bitcoin world, we tend to refer to other coins as shitcoins, not bitcoin.  Segwit became an  integral part of bitcoin, starting in August 2017. 

I am sure that you were there, complaining the whole time and refusing to recognize reality... I remember you posting a bunch of nonsense shit back then, and you continue with the same kinds of deluded nonsensical and misinforming posts.  Since you don't seem to believe in bitcoin, then why you hanging out in these bitcoin threads?  Just to distract us with phoney baloney?  Hopefully you are getting paid well for your time to post negative information about a project that you, apparently, don't believe in.

[Globb0]

Now you are starting to make sense $10k/head is definitely doable and mic did the math pretty perfectly $300-400k can buy pretty much anything you'd ask in a party. (not beyonce sorry)

*I am still OK with the second option, drinking Beer . Don't like to get dressed for parties.

Those 10k tickets are only $845 if you buy it today and leave it in escrow  

[HairyMaclairy]

Afaik transaction malleability breaks LN.  So Segwit is necessary for LN as it fixes transaction malleability.  Also BIP 114 for MAST requires Segwit.

Meanwhile roach confuses LN and Liquid.

Nope, u could impl LN also on BSV

 I don't think BSV has LN?

[Ibian]

Afaik transaction malleability breaks LN.  So Segwit is necessary for LN as it fixes transaction malleability.  Also BIP 114 for MAST requires Segwit.

Meanwhile roach confuses LN and Liquid.


Edit:  no need to take my word for it.  This is what Andreas says:

And what is the practical use of LN? Why is LN "necessary"? And what even is MAST?

[JayJuanGee]

Can any of the segwit shills explain why segwit is better than a simple blocksize increase? Never seen anyone even try, and until such time I continue to maintain that segwit was a mistake.

If you spent a lot of time studying the matter and cannot figure it out, after more than 2 years of battling about, then perhaps no one has time to 'splain it to you?

[Ibian]

Can any of the segwit shills explain why segwit is better than a simple blocksize increase? Never seen anyone even try, and until such time I continue to maintain that segwit was a mistake.

I have no idea why it is useful but I refuse to admit it.

Yes. We know.

[JayJuanGee]

Indeed my math did suck yesterday, gonna try again...

Damn 91,568$ until the 100,000K party

goodmorning WO-members F*** 6 pages or something ... had a quick look on my phone and damn XhomerX was being productive Nice HATs!!!!

That's more like it --- causing the distance to have become much closer, too.   

[realr0ach]

JayJuanGee & Trollgoossens, since you're very slow on the uptake, what is your opinion of the fact that numerous people shilling FOR Bitcoin like Last of the V8s and the Popescu cult all believe the segwit coins will become anyone can spend and anyone using a segwit address will lose everything?  

I find this idea pretty hilarious myself since if it actually does occur, most users and exchanges would probably be affected, the price would go to zero, and probably nobody would ever touch Bitcoin again.  But that is how dumb Bitcoin shills are in 2019.  They believe this cataclysmic event actually will occur, yet they are still "bullish" because they're not using a segwit address.

[El duderino_]

Now you are starting to make sense $10k/head is definitely doable and mic did the math pretty perfectly $300-400k can buy pretty much anything you'd ask in a party. (not beyonce sorry)

*I am still OK with the second option, drinking Beer . Don't like to get dressed for parties.

Those 10k tickets are only $845 if you buy it today and leave it in escrow  

All fine, but still if you buy and just keep it asside and manage yourself? Until the time is there?
Whatever I have the same thought to who wants to participate just buy now a .1 btc or something so later on there Will be NO problems most likely it even Will be cheaper as 10K a person......

[El duderino_]

Indeed my math did suck yesterday, gonna try again...

Damn 91,568$ until the 100,000K party

goodmorning WO-members F*** 6 pages or something ... had a quick look on my phone and damn XhomerX was being productive Nice HATs!!!!

That's more like it --- causing the distance to have become much closer, too.   

I couldn’t belief I wrote that, Then again I saw the sangria PIC 

[HairyMaclairy]

Now you are starting to make sense $10k/head is definitely doable and mic did the math pretty perfectly $300-400k can buy pretty much anything you'd ask in a party. (not beyonce sorry)

*I am still OK with the second option, drinking Beer . Don't like to get dressed for parties.

Those 10k tickets are only $845 if you buy it today and leave it in escrow  

It will be a great party but hard to justify $10k for one person for one night.  I don't give a shit about Cristal (I doubt anyone here could tell the difference from bog standard Moet) and strippers don't cost $5k.