Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 11779. (Read 26714748 times)

I thought he was talking about ham radio.

Do I like your beating us up style?  Yes.

Do I understand it?  No.

Do I believe that you are saying that we can only go down so far?  Yes.

Am I hoping the bottom is in?  Yes.

The W200 has held yes or no? Yes.

The W200 held in 2015 even though it closed slightly under it for two weeks in a row and also wicked below it twice, yes or no? Yes.

The W200 has never been broken decidedly in the history of BTC charting, yes or no? Yes.

This means we shouldn't get ahead of ourselves, yes or no? Yes.

Anyone heard of these Tangem cards?

https://tangem.com/

$5 per card needs to come down but the tech is quite cool. Just verify on your phone that there's money on the card and you can exchange bitcoins offline.

The avatar of yefi kind of looks like an oracle - especially with underwear horns.    (I mean halo)   

It's very annoying the Lightning Network conmen are trying to pretend LN while bitcoin has empty blocks vs bitcoin with full blocks that are uneconomical to use would look anything remotely similar to one another.  It's a testnet and they're launching spam channels everywhere that have pocket change in each one and try to pretend each 'line' represents 'decentralization'.  In the real world, the way it's designed incentivizes you to put all your money in a single channel connected directly to a well-connected bank, so the exact opposite of how they try to trick people and portray it as.  

The testnet lines are meaningless, only incentives matter.  Empty channels that nothing flows through is not a valid measurement of anything, just a visual trick.  The real measurement of LN decentralization is basically what % of a user's net worth is all in the same channel and how few channels would actually be moving all the volume in the real world.  For example, do you think someone is going to have 20% of their net worth in a channel connected to the grocery store then 5% to the pet store, yada yada?  Hell no.  They're not going to pay money to open all these channels and then for no reason split all their money up into non-fungible pools that can't be combined to spend on larger purchases.  

How the fuck would you mobilize your cash to invest in anything if you constantly have to keep it in 100 different channels too?  It's not feasible for savers, spenders, for anyone really.  The only way it works at all in a non-clown car manner is having all your money in a single channel connected directly to a bank.  So in other words, LN is completely worthless and is identical to the current banking system.