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

[bitcoinPsycho]

[Retina]

I like this cup but so bettar that if colour red and blue☕☕☕☕ 

[Lambie Slayer]

maybe i am just paranoid, but

the mayor shows up and has everyone flustered      and now i am getting that tingly sensation again and cant shake it  
recommend that we sound general quarters sir    #dyor

15m


cat will sit and watch duck try to fly
3h

#stronghands

https://www.youtube.com/watch?v=HXQ_8e63wmE

[fillippone]

A graph of the number of confirmed Bitcoin transactions over the past two years. The dynamics are obvious

You could add the graph of bullish posts.

Everyone is so bullish.

Is that a bull trap? Don't know. Don't care. That's why I HODL and don't trade.

Sadly,
Transaction number has anything to do with adoption or bull loading their guns: it is all about Veriblock.
https://asktom.cf/index.php?topic=178336.msg50520454#msg50520454

And I am sorry about that.

[El duderino_]

https://bitcoinmagazine.nl/2019/04/facebook-coin-crypto-stablecoin-1-miljard/

So they really wanna make a facebook stablecoin

techconcern facebook only looking for 1 billion venture capital.....

https://twitter.com/nathanielpopper/status/1115331482384388098

[Lambie Slayer]

I think da Bears are gonna be dumping us down soon. 4801 is where I have orders to buy a dip if it happens. If not, even better.

Come fight me Bears!

[El duderino_]

[El duderino_]

https://twitter.com/ReformedBroker/status/1114968054931316736

  

[El duderino_]

I think da Bears are gonna be dumping us down soon. 4801 is where I have orders to buy a dip if it happens. If not, even better.

Come fight me Bears!

To stay above 5K would be sweet though..... let us see next minutes and seconds are critical!!! 

[Lambie Slayer]

https://twitter.com/ReformedBroker/status/1114968054931316736

  

https://www.youtube.com/watch?v=uUj1JuXRvgc

[El duderino_]

BULL-market officialy started .... good old China-FUD, is this the good old days back again?     

[ProfTP]

good to see us staying strong above 5k.

feels like things are heating up and we have soon another strong rise to the upside.





Another topic:
An idea came to my mind to create a small flyer about bitcoin.
This flyer will explain very simple and easy what bitcoin is and how it works. Then it shows what fiat is and how that works.
it will be about as big as a postcard.
Then to give this flyer out for people in the streets and put it in their postbox.
The challence is that it doenst look like an advertisment to buy something. Thats what i get alot when i talk to people about it whom i dont know very good. They think i want to sell them some money scam or pyramid sceme. I say i dont want to sell it to you, i dont profit from you buying it, its only you. I hardly have someone who wnats to know more , mostly people that are already aware of it.

Also i want to do a presentation about bitcoin at a local culture club. Also very simple and basic. That everybody understands it and they dont get bored with too much technical stuff.

Maybe one of you has already created such a flyer or presentation and i can use it.

Have a good one and enjoy the way to the moon

[HairyMaclairy]

Pretty sure this is the 73rd time that mining has been banned in China

[fillippone]

BULL-market officialy started .... good old China-FUD, is this the good old days back again?     

This perfectly adds to the usual old scheme:
China buying gold in anticipation of Yuan devaluation, and banning Bitcoin because wants to prevent capital outflows.
2015 cycle is not repeating only in prices, apparently.

[VB1001]

https://twitter.com/BitcoinMagazine/status/1115274412239007744

The article is fine because you see and it explains all the bitcoin forks, the graph would be better with the dates.

Apart from this, as Pro BTC I can only see the malefic attacks to destroy BTCitcoin.

Good morning WO,s  

[d_eddie]

I can't agree enough. What kind of sickness is it for people like roach, stolfi, jbreher, etc to come here and spout their non-stop garbage

I wouldn't bundle jbreher with stolfi. And The Roach is just on another plane of existence.

[d_eddie]

They will probably just reuse LN channels and just settle them regularly. With enough transactions, maybe they would be settling those channels hourly...

Settled? You mean become actualized on the Bitcoin chain?

Yes, ...

Ohkaaay.... If the average channel is settled on chain hourly, then given current block size, you have limited the Lightning Network to about 20,000 channels. Not users, channels. IOW, I think you might want to work on your hypothetical scenario.

Your way of "sanitising" quotes, cutting here and there makes it loses all context.

I was talking about a future scenario where Bitcoin has been massively adopted just to show how it would be possible and how L2 would play a key role on it.

As I said, we would be talking about one settlement for each thousands of L2 tx's. Also, not all opened channels would be of global payment processors needing a more frequent settlement. Also we would be talking about hundreds of millions daily higher layer tx's. If someday Bitcoin would reach that level of massive adoption it will be gradually adapting to it. And yes, it will be having some blocksize increase along the way, as needed to accomodate the usage from higher layers.

We are not already there. So you can't use future usage numbers with current limitations. That makes no sense. I was just showing that it will be possible to scale MASSIVELY without an accordingly LINEAR blocksize increase... which seems to be the choice of other coins... and that's not SCALING.

Wish I had a merit for you.
+WOsMerit

[VB1001]

Wish I had a merit for you.
+WOsMerit

+2sM

With how easy it would be to work with a button:

I like it

And the activity to rise in rank.

[El duderino_]

Wish I had a merit for you.
+WOsMerit

No worries WO's do merit what has to be Merit
had gained a sendable so got your back there ....

[kenzawak]

It's time for the China memes again :