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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4717. (Read 26609407 times)

legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!

Why would the president of a country lie about buying only $6.x million USD worth of Bitcoin?

That said the transaction probably happened off chain with some exchange somewhere OTC.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
Very interesting to see the current poll results...

Is the Bitcoin protocol's privacy "good enough"?
Yes   - 17 (35.4%)
No   - 14 (29.2%)
Not yet, but it will be after the taproot upgrade   - 17 (35.4%)
Total Voters: 48

To me, if we ignore the Taproot upgrade for a moment and  combine 2 and 3 the results would be something like this

Is the Bitcoin protocol's privacy "good enough"?
Yes   - 17 (35.4%)
No   - 31 (64.6%)    <------- 65% says No
Total Voters: 48

What does it mean? Aren't we satisfied with Bitcoin's protocol privacy?

Don't confuse privacy with security. As far as security is concerned, I think it's rock-solid, as has been shown by more than a decade of failed attacks and attempts to break it. No issues there.

As far as privacy is concerned, things are not so good -- yet. There are ways to protect it, but it's not automatic, one has to be aware of the various privacy issues and do things in certain ways in order to protect it. I think this is what's reflected in the poll result.

It is the reason that Bitcoin "maximalists" like me still believe Monero has a role to play presently.  If i wasn't so lazy I would dig up the post I made probably in 2015 where I talked about bitcoin NEVER being able to do what Monero does, and Monero NEVER being able to do what Bitcoin does, and this making them a sort of sibling pair.  

There are POWERFUL arguments for a transparent blockchain.  Nothing will ever bear Bitcoin at that.

There are also powerful arguments for an obfuscated blockchain to emerge.  And though much less clearly, Monero is the winner there. (I saw less clearly because NOTHING is established like Bitcoin is, and something *could* conceivably knock Monero off it's seat as the privacy king, though I think it's unlikely for a set of reason that has a LOT overlap with Bitcoin).  This has great implications and costs and you do not get the same level of security as you do with king daddy.

Anyway, interesting poll.  And I for one, look forward to the privacy improvements coming to Bitcoin.
legendary
Activity: 2294
Merit: 1182
Now the money is free, and so the people will be
are you people scared enough yet ?  panic ?  can i buy now ?

Too Late, Bob already snatched em all up.

ah dang, next time then.  Not fair to buy all of them, especially with the "macro supply shortage" we have going on.  Almost as hard as getting a new car.
sr. member
Activity: 370
Merit: 451
* BobLawblaw cracks his knuckles and starts buying

EDIT: Ok, one last limit order @ $40k even waiting to get filled. Not sure we're going to dip below that.
EDIT2: And yep, got filled at @ $40k. Enough damage for one night. Back to playing with this bitcorn ligma node...

Just saying... after free falling $3k the instant this post went up, the price bounced $1500. Did ya leave ANY on the table Bob? Every last crumb?!?
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
If I buy the dip right now it'll keep dropping. #facts
If I don't we will correct in a few hours. #alsofacts
I'll let y'all decide for me.

Buy the dip.  We are not worried about it.
sr. member
Activity: 370
Merit: 451
are you people scared enough yet ?  panic ?  can i buy now ?

Too Late, Bob already snatched em all up.
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
are you people scared enough yet ?  panic ?  can i buy now ?

This is the WO, things like this hasn't scared us since 2017.
legendary
Activity: 2294
Merit: 1182
Now the money is free, and so the people will be
are you people scared enough yet ?  panic ?  can i buy now ?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
sr. member
Activity: 370
Merit: 451
When there is a sea of red on that market shitcoin price list thingy website (or whatever you call it)
and you scroll down until you see one solitary shitcoin in the green, pumping like 40 per cent or some such nonsense,
you know that's the biggest scammyass shitcoin of them all....


Nah, there's much worse... that's just the one that is getting listed on Coinbase Pro tomorrow at 9 Pacific. Of course that +40% is probably the highest price it'll ever see and over the next week thousands more idiots will lose their life savings.

Just remember, Shibashitonu sold for 100 times market price on CBPro for the first 24 hours. Then all the same morons that were attacking every CB tweet with "Wen Shib?" Bullshit were then screaming that Coinbase should be sued because their market corrected after 24 hours of morons spending 100 times the price available at any other exchange.

So yeah, there's much worse than the one up 40% right now.
legendary
Activity: 3388
Merit: 3514
born once atheist
When there is a sea of red on that market shitcoin price list thingy website (or whatever you call it)
and you scroll down until you see one solitary shitcoin in the green, pumping like 40 per cent or some such nonsense,
you know that's the biggest scammyass shitcoin of them all....
hero member
Activity: 756
Merit: 1843
Bah, you assholes that brought me back to the Lightning network...

Loading up some more coin to establish some better routes.

Fuck. Down the rabbit hole I go again...

Sorry Bob!.. I actually know how you feel!.. I am up to 41 Channels…

Originally thought I’ll just use some play Bitcoin… 0.125… now I have just a little over 1 BTC committed…

It escalated pretty quickly…

How much profit can you make running a channel?

Not profitable mate… fees are set so low that I need to make at least 500 transactions just to cover the on chain opening and closing cost…

Still trying to wrap my head around how it all works, but from checking the big players, they seem to have their fees setup in a way that they are profitable straight away…

Example, they are charging 200SAT to move 1,000,000 sats, my current channel is charging 1SAT…

Again, wasn’t worried about the profit side of things, just wanted to play my part… I think I may have the biggest public node in Australia… according to 1ml.com

EDIT: can you make a profit?… I believe so, I read somewhere Alex Bosworth was making $30,000.00 USD a month… so far I have collected 152 SATS in fees… probably spent about 5000 SATS opening up channels…
legendary
Activity: 3388
Merit: 3514
born once atheist
They don't have public (one way) toll roads  like this in USA.   For reasons.....
Sorry off topic, but hey, this is the wob and I know we have resident motor heads, so....
https://youtu.be/10Y-gWNJ2Sw
legendary
Activity: 2772
Merit: 2846
Bah, you assholes that brought me back to the Lightning network...

Loading up some more coin to establish some better routes.

Fuck. Down the rabbit hole I go again...

Sorry Bob!.. I actually know how you feel!.. I am up to 41 Channels…

Originally thought I’ll just use some play Bitcoin… 0.125… now I have just a little over 1 BTC committed…

It escalated pretty quickly…

How much profit can you make running a channel?
hero member
Activity: 756
Merit: 1843
Bah, you assholes that brought me back to the Lightning network...

Loading up some more coin to establish some better routes.

Fuck. Down the rabbit hole I go again...

Sorry Bob!.. I actually know how you feel!.. I am up to 41 Channels…

Originally thought I’ll just use some play Bitcoin… 0.125… now I have just a little over 1 BTC committed…

It escalated pretty quickly…
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2184
Merit: 1213
Good night. Hope I will not wake up into the 30s Cheesy Bought every dip but it keeps dipping and I only have 10% of my money left.
legendary
Activity: 2772
Merit: 2846
They are selling like mofos

Time to buy then.

Time to sell when they are buying like mofos.
legendary
Activity: 2184
Merit: 1213
Is Bitcoin death again?
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