Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15113. (Read 26712687 times)

Is there anyone here who can read charts?

If so can they tell me what happened on January 9, 2017?

And can they tell me what happened on January 10, 2017?

WTF bitcoin selling off again. Just go up you bastard, it's the future for christs sake.

Haha, you´re to much. Try bacon with eggs for a change. Just once. I mean, we have to die sooner or later anyway . . .  

And i read somewhere: eggs are not as bad after all. They are just small chicken.

A few observations about the graphic.

The picture of the network is highly distorted, showing only 3 end users! when really theres hundred of thousands or millions potentially. HIghly connected hubs will be numbered in the hundreds (I feel I'm being generous with that number). That is a highly centralised network, nothing like the depiction.

I doubt many people use a hot wallet for everyday spending. The use case in which people have a spending wallet is already defunct. Who spends bitcoin when the fees are more than the cost of the purchase, you don't spend it.

The promise of low fees on LN was also made onchain in the early days. When I first used bitcoin most people didnt even put a fee. I suspect fees will not be low on LN, only lower than onchain fees.

 

That's exactly what I'm talking about, that just made my brain hurt, without telling me how to use it.

Segwit. Bech32. MAST. Signature aggregation. Key aggregation. Batch validation. Covenants. CT & bullet proofs. Dandelion. Neutrino. Tx compression. Set reconciliation for tx relay. Block template delta compression. NODE_NETWORK_LIMITED. UTXO commitments. TXO commitments. TXO bitfields. Rolling UTXO set hashes. Client-side validation. Peer encryption & auth. Fraud proofs. Scriptless atomic swaps. Zerolink/tumblebit. [Cut:] layer 2, HF rsrch, bip 8. (@rusty_twit)
and a paaartridge in a pear tree

ETH always positive and quite regular   

I'm not a computer scientist kind of guy and I don't like maths. My strengths lies in other areas of specialization.
I have always tried to do and study things I like, rather then pursuing a traditional career and that have lead me on to many interesting paths, crypto being one of them.

However, when I get a bank card I don't give a rat's ass how it actually works, and the bank doesn't tell me either. They just tell me how to use it. The same goes for just about everything else i buy, the TV salesman doesn't tell me how the TV works, just how to use it et cetera.
But when it comes to crypto it's always the other way around, every thread and info page talks ad nauseam about how it works, and very little about how to use it.
I for example no nothing at all about how to use segwit, and yet segwit have been talked about for ages. And I consider myself fairly intelligent. Just imagine then, when average Joe comes to bitcoin and is told to use segwit to lower fees. That won't tell him anything.
Why can't core make a information page that tells you how to use it? And make sure that page is seen among the noobs, and for that matter oldies like me without a degree in computer science. Why do they and everybody else have to talk non stop about incomprehensible technicalities?
I don't give a fuck about the underlying technology, I want to know how to use it.

And by the way, can you make a segwit paper wallet? And if so how?
That is one of the things that core should tell people if they want adoption.

And, yea, I'm grumpy today, I'm out of milk for my breakfast.
Yes I eat breakfast while reading up on this thread.
Anything else you want to know?