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

[xhomerx10]

Among other things yes it is International Labour day but lighting the bonfire on 30 April means what i said it means. In Rememberance of Muslim invasions in Europe.

Today you learned something i guess if you did not knew it already and supressed it

  I'm not much of a history buff so I had to research it last night.   I read about the ravages of the Ottoman empire on Carniola during the 15th-16th centuries and how the locals would light bonfires on the hills/mountains to warn of Ottoman attacks.

from https://en.wikipedia.org/wiki/Stražišče,_Kranj

"The name Stražišče, like similar names (e.g., Straža, Straže, Stražica, etc.) is derived from the Slovene common noun straža 'guards' or 'guard post'. Such names are often applied to settlements near hills or mountains where warning fires were lit to warn against Ottoman attacks."

 I also found out about a recent historical mini-series produced in Hungary called "Hunyadi - Rise of the Raven (or Rise to Power)" which debuted at the 2024 Cannes Film Festival. 

overview from https://hu.wikipedia.org/wiki/Hunyadi_(televíziós_sorozat)

"In Rise of the Raven, John Hunyadi devotes his life to defending Europe against the Ottoman invasion. Amid political intrigue and betrayal, and conspiracies between noble families from Hungary, Austria, Italy, Poland, Serbia, his key allies are his wife Elizabeth, who fights alongside him, and Mara, his first love, who becomes Sultan Murad’s concubine. As the Ottoman Empire mobilizes an enormous army to conquer Hungary, Hunyadi leads his smaller but formidable forces into battle, sealing a hard-fought victory at the Siege of Belgrade."

 It even has our own Vlad Țepeș (Vlad the Impaler) in it.  I'm putting that on my list of things to watch.
 

[xhomerx10]

lets make a guess

closest call crossing 100k again

 May 2nd 0200 UST

[Ambatman]

lets make a guess

closest call crossing 100k again

Next week Tuesday.

There are only 7 secret usernames, so reserve yours fast! First come first served!


Secret Usernames: goldfish, goldnugget, goldrush, goldmember, goldentoast, golddragon, goldofold

How Does she work?

[JimboToronto]

May Day... one word or two? 

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[goldkingcoiner]

lets make a guess

closest call crossing 100k again

Next week Tuesday.

There are only 7 secret usernames, so reserve yours fast! First come first served!


Secret Usernames: goldfish, goldnugget, goldrush, goldmember, goldentoast, golddragon, goldofold

How Does she work?

The commands here:

/register [Secret_Username]   — you can type "/register goldfish" for example, and enter
/trade buy [Usd_Amount]      — Use fake USD to buy fake BTC
/trade sell [Btc_Amount]       — sell fake BTC for fake USD
/portfolio                             — view fake balances
/gains_losses                       — fake P/L in $ & %
/leaderboard                        — top 10 by fake P/L

You register using a secret password (the orange words I listed is each a secret password/username) and registering with it, you get a trading seat. There are 7 trading seats for 7 people to register. Each registered user gets 100 thousand US dollars (fake), which can be used to buy fake bitcoin at live usd prices (Coingecko). The one who made the most profit ends up at the top of the leaderboard. It costs nothing, but it's a fun idea for trading challenges/competitions/events

(imagine this: whoever makes the most fake realized PnL in fake USD within a certain time limit wins a real bitcoin prize - coming soon.)

[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

[philipma1957]

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

I will look at it now.

interesting take. I used to talk a bit on GitHub years ago and was told fuck off do not talk here you are not welcome. So I see it has not changed  much.

[vapourminer]

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.

the luke-jr version?

i can see this may cost me a rabbit hole or two to figure out.

[Tomcasper]

May Day... one word or two? 

Two words "May Day", but the public holiday varies  

[philipma1957]

May Day... one word or two?  

Two words "May Day", but the public holiday varies  

1 word mayday and it means a distress call.

mayday mayday my yacht hit a reef and I lost all my BTC come rescue us.

mayday mayday.

see wiki

https://en.wikipedia.org/wiki/Mayday




the holiday May Day is 2 words which is how you know it is the holiday.

https://en.wikipedia.org/wiki/May_Day


The original  question was left ambiguous to fuck with the WO heads.

It was Clever to ask it on May first so that some would think it was about the holiday and forget the legit distress call 'mayday'

[cAPSLOCK]

i can see this may cost me a lot of time to figure out.

I certainly think this is worth digging into, particularly if you run a node because we may have to make a decision whether we're going to go with what's happening or not. This could actually be something that causes Bitcoin core to be forked.

And at the very least, we could choose not to update nodes and advocate for the removal of the change.

To sum up what is happening... Peter Todd has made two pull requests with the same idea which is to remove the limits that nodes can set on the size of the data in op_return that lives in the mempool.  This was established in the first place as a safe place that people could put arbitrary data. So, removing it would allow people to spam at least the mempool.

But what's more interesting than the technical aspects of this are the facts that there is no consensus in the GitHub discussions and a lot of very intelligent people who are important to the Bitcoin infrastructure are objecting to this. But the core devs are saying that only they get to decide what's going to go in and this is a change from the way things have worked in the past.

That is a possibly slightly inaccurate version of what I believe is happening here. But the thing I think is important is to be aware, because this could be just as big as the block size wars, but hopefully not. Hopefully it just fizzles out somehow.

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Krubster]

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.

the luke-jr version?

i can see this may cost me a rabbit hole or two to figure out.

Yes, that version.

I used to run a knots node a couple of years back, but I switched back to core later. A bit worrisome running a node which code is only maintained by one(?) guy..

I'm a bit out of the loop, but I've seen this discussion taking up some of my X feed lately. I need to read up what this is all about.

[cAPSLOCK]

I'll stop spamming the WO here, but last thing I want to say is I have not made up my mind as to which side of this is right.

The people trying to put this in are arguing that it would reduce spam, I think, which is interesting. 

And I'm probably more likely to just not update than I would be to switch to knots because I think Luke is a little bit cuckoo too. It's interesting Satoshi didn't like the idea of there being multiple implementations.

Okay, I'm going to sign off and be quiet.

[cygan]

[psycodad]

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

Mehtub doesn't like tor so I can't watch but there has been a lively discussion here at https://asktom.cf/index.php?topic=5539943 which I followed and still haven't made up my mind so far. I give a shit about what people want to store in the blockchain, I have stopped notarizing info in btc long ago as it seemed like kinda anti-social. On the other hand the argument of achow101 and others including Ptodd ("It removes more complex code than it adds.") does make sense to a certain degree too.

Right now I am not feeling like updating my node to support this. Not at all.

[Leahized]

100k BTC at tonight

[ChartBuddy]

Explanation
Chartbuddy thanks talkimg.com

[Krubster]

Hey guys I made a fun bot that I might use for trading contests.

If anyone wants to try it out (for free - aka paper trading)
I would appreciate the testers and their feedback.

Telegram bot: @goldkingcoiners_bot

There are only 7 secret usernames, so reserve yours fast! First come first served!


Secret Usernames: goldfish, goldnugget, goldrush, goldmember, goldentoast, golddragon, goldofold

I'm in. I aped and went all-in. There's more steam in this train.