Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5065. (Read 26611273 times)

 Looking good Dabs!  You've got that laser focus now

just put all that aside and absorb the cinematography then if you dont believe humanity is impacting our environment         either you believe in science and the theory of closed systems or you do not

i particularly enjoyed the 'behind the scenes' part regardless


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obviously depression imho 

Oh yes he does like to do that and tries to do it without any evidence but most people will believe him because of his voice and productions but if you can ignore that which I do I still enjoy his work.

Hope or denial?

Lets see how long it will take bro
I hope not long anymore moaaaaar pump we need

I did not know that there was such a thing.. but.. hey.. let's see how it plays out in the coming hours.  

Or will it take that long?  asking for a friend.

Explanation

Were gonne attack the  $34.800 resistance ?

 

https://twitter.com/BitcoinMemeHub/status/1418843564721811458

The bliss of happiness right before the unhappy ending.

Seems fitting to me.

hahahahaha

Nonsense, stop using his old model. $100k is not even a proper parabolic run up with out a meaningful fomo blow-off fase. According to your logic it will only rise $20k from past ATH that's to bearish for Bitcoin and from 2017 ATH only 4x.

Personally, I consider your assessment of a couple years to get to the blue line to be overly pessimistic and bearish.

In other words, bitcoin gives few to no shits about lines on a paper (or computer screen for that matter), and sure an upward portion of this particular cycle (that we are in) might be drawn out beyond this calendar year and maybe into the second or third quarter (seems a stretch) of 2022, but the odds are pretty great that we are not only going to meet and exceed the blue line (decent chances of this calendar year) we are likely to meet or exceed the red line too... maybe this calendar year, but I personally consider it more likely to draw out into next year a wee bit, based on what has been going on and likely recognizing and appreciating that bears have been giving a seemingly decently strong battle in this particular correction.. that seems way more effective than it should be.

But hey, if you get a fucking 6.5x BTC price appreciation in 7-ish months coupled with considerable outrageous exuberance in some of the 14-year old snot-nosed markets, a lot of froth (and weak hands) have been created (or entered) to allow for some of the outrageous correction levels that we have been experiencing for a couple of months now in the midst of what still seems to be a bull market.

  If he would just stop with shoving anthropogenic global warming down our throats...

I think that is a good strategy.  I thought of it too (which is also why I think it's genius! )  It seems to me the Muun folks are going for the most absolutely streamlined design they possibly can. And adding a third key would add complexity to a backup.  We type folks might appreciate that complexity but their strategy is probably simpler for someone that knows nothing about bitcoin.  You just need a password you can remember, a key written down somewhere, and a cloud server to keep the encrypted full b/u.  And then the mechanics of the recovery are very well thought out.  I tried the email type.  It was great. And the tradeoffs they chose are very smart.  It's as secure as it can possibly be without being in unfamiliar territory.

The fact they use cloud storage to store a encrypted full backup is also awesome.  "Cloud storage" and "bitcoin backup" are concepts that really should be avoided by purists, but for this use, again the tradeoffs are pretty spot on.

All open source, and a tool that can be used to do the restoration if everything else is gone (including the Muun servers, phone etc.).

All the while handling BOTH base layer HD addresses as well as a channel open to Muun on your node.  If the channel still exists it is part of the backup, and even in the most "rip cord" situation the channel is closed and the funds returned to a 1 of 1 address you hold the key for.

Having run nodes since the very beginning I am quite familiar with all the potholes along the way in LN security.  It has been one of my biggest most nagging doubts about the viability.  It's just too convoluted and difficult for even TECHNICAL users.

Muun really give me a little bullish ah-ha (which is why I am yammering here) because they are DOING what I have been waiting to see.  Working out the details in a way that just about ANYONE with a modicum internet comfort can safely use the LN without worrying about... well... just about anything.

Last night I sent $50 from Muun to my node.  I do not yet have a channel open to Muun (but plan to open one).  I was charged exactly NOTHING for this 150k sat transaction.  And it felt just like Bitcoin... except it was instant, and free, and immediately spendable.

itshappening.gif

Explanation

I don't know anything about Muun, but would it be possible to set up the wallet as 2 of 3 instead of 2 of 2 multisig? The last key can also be your own personal backup and 2 of 3 takes up the same space as 2 of 2 when spending and using only 2 keys.

*edit* enjoying my new hat with laser eyes.

Accurate El duderino except the Euro guy is waaaaaay to happy to be using Euros.

You would be known as a martyr

İf I had some cash I would help break 34k resistance j4fun.