Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4691. (Read 26608322 times)

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i like the one about musk

I agree that's a nice little video clip (and less that 4 minutes.. so a lot of bang for the buck in a very short clip to show the pure gettingness of that cat.. Larry  deeeeee  Lepard)

Actually, if you recall, just a couple of years ago (not even sure if it was that long ago because remember when gold was pumping in early to mid 2020 around the covid crisis early days) several goldbugs, even in this thread and some other bitcoin circles, were pumping nonsense about increasing your allocation to gold blah blah blah... and I guess my point is that a few years ago, we would have never heard such unambiguous, sound and well-reasoned blurbs about why bitcoin is so damned much better than gold, especially coming from a traditional sound money guy like Larry. I am not saying that the arguments were not out there, but they were being made by run of the mill no named bitcoiners in threads like this (not trying to denigrate my WO thread homies.. because I am including my lil selfie as a no namer who was spouting out some similar bitcoin is better than gold ideas and with likely quite a lot less eloquence or sound money/monetary policy background ways of articulating myself).

By the way, without trying to figure out whether Schiff is being genuine, in that little blurb, Lepard really does go into enough of a distinguishing of bitcoin from shitcoins to show how stupidly nonsensical some of Schiff's seemingly disingenuine claims are.. Schiff gets distracted by "other cryptos" and Lepard just hones in on the idea that all of that is just a BIG ass distraction.. especially if we are considering the matter from sound money principles... and perhaps Lepard is too cursory in the way that he outright dismisses all shitcoins.. but his cursory statement of the matter does show us bitcoin as the right conclusion and allow us to appreciate that there are even relatively newbies to bitcoin (like Lepard) who are ready, willing and able to maintain their focus on bitcoin which is going to do them good, do their clients good and likely help people in the bitcoin space to also help to maintain their focus on bitcoin (not unlike Saylor's mostly focus on bitcoin too.. even though I have even seen Saylor deviating a wee bit in his talking points on shitcoins even though he has not gone so far as to say that he is actually buying any.. but in recent times it seems that some of his (Saylor's) brain power seems to have been going into increasing some of his understanding of some of the various shitcoins).

Explanation

Actually a good test... with decently challenging questions (50 of them), and also giving the correct answer when getting wrong.. or some further specifications to help educate on some topics... by the way, I think that it may have taken me 10-15 minutes to take the test, and part of the reason is that it took a while to read some of the questions and even have to read the questions twice before choosing.


I personally own some shitcoins, but I believe that we should not be talking about them in this here thread.. because such conversations that might only touch on shitcoins devolve and devolve and devolve, and pretty thing instead of bitcoin talk, we have nonsense talk going on in these here parts.. and there is no stopping point in the attempt to try to figure out which shitcoin is less worse..

Of course, some incidental mentioning of various shitcoins or talking about some shitcoin dynamics is going to happen from time to time, at least in terms of trying to attempt to connect those matters with what is going on in bitcoin is surely relevant to this thread.. there are just problems with guys coming out with nonsense and distracting claims like.. "jump into ripple now.. here is the time.. you heard it here first about x shitcoin, y shitcoin or z shitcoin.. and a and b shitcoin is less worse than c shitcoin.. .. blah blah blah.."

we get that kind of distracting nonsense in this thread from time to time, and it is just to damned annoying in trying to figure out which member is trying to be genuine in his/her discussion or which member is pumping some bullshit scheme that implicitly (or explicitly) trying to suggest that there is something wrong with bitcoin in regards to x or just all over the place in where those irrelevant conversations end up going.. what we gonna do?  have 12,000 or more shitcoins mentioned in this thread at various times when they are pumping and stupid distracting crap like that and hardly can even be relevant here except to stop us from actually attempting to grapple with some real matters going on in bitcoin..?

...and by the way, if you have not heard, ongoingly, there are real matters going on in bitcoin all the time.. believe it or not.. .. and in spite some guys saying: "I am bored.. nothing is happening in bitcoin, blah blah blah."  There is always shit happening in bitcoin, whether you accept it or not.. what do you expect when we have the greatest wealth transfer in the history of man going on right before our eyes.. shit is happening.. believe it or deny it...

With my Umbrel finally synched and working I'm playing around with Squeak Node.

As it is in super Alpha stage and there's no documentation I created this reddit group to get people started.

https://www.reddit.com/r/squeaknode


It's certainly not at twitter level yet but the background mechanics appear to be working for sending tweets over the Lightning Network.

The developer's twitter is https://twitter.com/squeaknode

You are fast, man and i was going to post the same though 

Once again china related shit about bitcoin and again it's not going to affect bitcoin in the long run.

What happens is a actually a scenario like this whenever china FUD hit the market:


The last time they banned bitcoin the prices were way too low compared to now and the same thing is repeating again.

So let China plays it's own fucking game in which they can't win

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Wrong thread Eddie.  But it's an interesting bet for several reasons I am sure us degens on the Monero threads would go over with you if you like.

People forget that Cobra supported the forks early on.  I do not think what is happening to him is just, but I also feel like he brought it on himself somewhat.

Take the fraud away from the BSV project and I consider it one of the most interesting to watch, and at the same time the most ill fated.  I am interested in it the same way George Gilder is (I assume).  As internet 2.0.  The problem is it is a foolish way to use data, and will centralize into complete control by powerful elite.

But if it (or anything like it including ETH) is successful then the world we live in will be horrible as we will have created the monetary system that makes the current surveillance system look like tinker toys.

On the other hand if you take the fraud away BSV crumbles because I really think Ayre is basically funding all of it.

I have my minimum set to 1mm sats.  But I am not making any new channels under 2mm for sure.  You can also set your minimum if you like.

As I have thought about this I have considered that MPP may make "smaller" channels much more useful as pathfinding improves and use goes up.  Also as fees go down.  Lightning's revenue model is SO DIFFERENT from bitcoin's in every way.  There is an argument for smaller more agile channels.  But we will see if it plays out.  If it does it will also render channel management moot as a little channel is just going to be swept back and forth constantly.  Since I have actively chosen to support routing to ES I am seeing this on my node (at least that is what I *think* is happening, lightning privacy is good).

Now, very LARGE channels also will play a role in that they can handle lots of payments in one direction or BIG payments.  And they can charge a premium for liquidity because of that.  And possibly should since channel management will continue to be a thing for them.  Which means settling in the main chain, or lots of fees to other channels.

Glad to see you back in the pool.

Why? You can use Wasabi or Samourai, or any of the centralized sites / mixers / exchanges. Without shilling other shitcoins, there ARRR a couple other privacy coins out there.

Do you need super privacy or just good enough privacy?

Looks like a full out ban on mining and exchanges in China, and we (so far?) only go back to where we were 3 days ago? Doesn't look like there are that many left that care anymore, or couldn't foresee this happening with Chinas push for CBDCs.

- Liverpool wins another Champions league. President LFC Bitcoin is ready to invest another 1 BTC for next year's lineup.
- Mysterious investor known as EL Duderino_ buys another 3 star Michelin. He now owns 20 of them.
- Gossip: Italian stallion Filippone is seen hanging out with the latest Miss World winner. Former fiancèe (Miss Italia) in tears, joining the numerous club.

Explanation

Can't trust even what reuters reports on nowadays.
Just look at what they published about walmart accepting cryptocurrency (ltc) last week and all the other major news website's followed suit.
https://bitcointalksearch.org/topic/massive-global-adoption-for-cryptocurrency-inbound-5359763
They corrected themselves after cnbc saw the website was a knock-off for the walmart announcement.
It was all created and then exposed within an hour.
Guess from where reuters picked it up from.. a random Litecoin Twitter account.
Not the original one which is from the litecoin foundation.