Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5097. (Read 26691068 times)
July 24, 2021, 04:01:34 AM
July 24, 2021, 03:26:41 AM
Comically bad shilling for the Rube Goldberg machine, Larry Summers Lightning Network
I suggest everyone in this thread to read this post right this second concerning Lightning Network. This is actually supposed to be a PRO-LN post, yet it comes off as just a comically dysfunctional Rubix cube that looks like something Comedy Central would post as a joke:
https://blog.muun.com/the-inbound-capacity-problem-in-the-lightning-network/
The idea that garbage could be in ANY WAY useful or usable at all for end users is outrageous. And the post even inadvertently shows you why LN is designed to completely centralize where all your transactions will be routed through a single permissioned bank. I LAUGH IN THE FACE of anyone that claims this is "the future". The future of dystopia maybe.
Just a blast from the past... you miss him, don't you. Bah. He is one of the few humans I sincerely would feel ZERO sadness for if I heard he was run over by a train.
But I gotta quote this since I came to update some of my LN thoughts.
I keep three lightning wallets on my phone. Wallet of Satoshi. Bulletproof custodial. Teeny fees. Totally worth having if you have trouble with the other two or if you want to have a 100% drop dead easy time with it. Zeus. By far the best front end for your own node.
But the reason I came was a sleeper I just had not spent much time with.
Muun.
This is one of the most impressive pieces of bitcoin software I have ever used. I heard Dorsey praise it during the silly interview, and my estimation of him went up a little.
First of all the damn thing is just a smooth implementation. It works great. I have done a huge range of payments with it, and I have sent it over a 100$ inbound. The fees are not inflated. I am curious how they solve the inbound liquidity problem. But hre are the bullet points:
Good BECH32 BTC wallet.
The best main chain fee estimation I have seen.
Seamless, perfect LN integration.
Normal LN fees. No premium.
Somehow achieves inbound liquidity.
Neutrino non custodial node.
Backups!
That last one is the real area the things shines. Muun is a 2of2 multisig wallet. You hold BOTH keys, and control them both. But only ONE of them is ever on your phone. Muun provides the service of cosigning your spends. But they only have one key. This means if someone gets your phone? They can't get your bitcoin. You can make 3 different kinds of backups.
You can use an email address and a password to collaborate with Muun to restore your wallet. Or an email address and your seed to do it on your own, OR if you lose everything you can decrypt a file that has both keys in it using your password.
They are ahead of all other projects when it comes to creating something easy enough for a noob to run as well as well thought out enough to be useful to one of us jabrones.
It's my new fav.
Screw Roach. Such wrong. Wow.
July 24, 2021, 03:01:24 AM
July 24, 2021, 02:01:26 AM
July 24, 2021, 01:46:10 AM
July 24, 2021, 01:45:05 AM
Last two BSV Shitcoin Bag Holders spotted in the wild!
what about xec? it is worth
0.000024 usd a coin.
I think I'm too stupid to understand your question.
July 24, 2021, 01:43:55 AM
People now we don't have one BTC but ignore how much even mbtc and ubtc would be worth also so better you stack them now.
Err, speak for yourself. You have some helpful posts here, but the 'Best Bitcoin Battle Rap' is not one of them. I am a Bitcoin and music enthusiast like you, except that I enjoy playing instruments. In public, and people throw me money. Video rap is not my source of enjoyment.
July 24, 2021, 01:05:06 AM
Happy to see all those green lines back once again and hope they keep the same pattern for some time so that I could congratulate to some panic sellers 
By the way I found a picture from future
:
People now we don't have one BTC but ignore how much even mbtc and ubtc would be worth also so better you stack them now.
By the way I found a picture from future
:People now we don't have one BTC but ignore how much even mbtc and ubtc would be worth also so better you stack them now.
July 24, 2021, 01:01:34 AM
July 24, 2021, 12:42:25 AM
https://medium.com/blockstream-markets-weekly/blockstream-markets-weekly-july-23-2021-7063a415759
- ARK and Rothschild Investment buy the dip
- BNY Mellon and State Street back new trading platform
- JPM’s $630B wealth division opens GBTC to clients
- Elon says SpaceX owns BTC
- Tesla likely to reinstate BTC payments (worst trade ever)
- and BTC bounces as sentiment falls to extreme fear
- ARK and Rothschild Investment buy the dip
- BNY Mellon and State Street back new trading platform
- JPM’s $630B wealth division opens GBTC to clients
- Elon says SpaceX owns BTC
- Tesla likely to reinstate BTC payments (worst trade ever)
- and BTC bounces as sentiment falls to extreme fear
July 24, 2021, 12:01:25 AM
July 23, 2021, 11:38:40 PM
Comically bad shilling for the Rube Goldberg machine, Larry Summers Lightning Network
I suggest everyone in this thread to read this post right this second concerning Lightning Network. This is actually supposed to be a PRO-LN post, yet it comes off as just a comically dysfunctional Rubix cube that looks like something Comedy Central would post as a joke:
https://blog.muun.com/the-inbound-capacity-problem-in-the-lightning-network/
The idea that garbage could be in ANY WAY useful or usable at all for end users is outrageous. And the post even inadvertently shows you why LN is designed to completely centralize where all your transactions will be routed through a single permissioned bank. I LAUGH IN THE FACE of anyone that claims this is "the future". The future of dystopia maybe.
Just a blast from the past... you miss him, don't you. Bah. He is one of the few humans I sincerely would feel ZERO sadness for if I heard he was run over by a train.
But I gotta quote this since I came to update some of my LN thoughts.
I keep three lightning wallets on my phone. Wallet of Satoshi. Bulletproof custodial. Teeny fees. Totally worth having if you have trouble with the other two or if you want to have a 100% drop dead easy time with it. Zeus. By far the best front end for your own node.
But the reason I came was a sleeper I just had not spent much time with.
Muun.
This is one of the most impressive pieces of bitcoin software I have ever used. I heard Dorsey praise it during the silly interview, and my estimation of him went up a little.
First of all the damn thing is just a smooth implementation. It works great. I have done a huge range of payments with it, and I have sent it over a 100$ inbound. The fees are not inflated. I am curious how they solve the inbound liquidity problem. But hre are the bullet points:
Good BECH32 BTC wallet.
The best main chain fee estimation I have seen.
Seamless, perfect LN integration.
Normal LN fees. No premium.
Somehow achieves inbound liquidity.
Neutrino non custodial node.
Backups!
That last one is the real area the things shines. Muun is a 2of2 multisig wallet. You hold BOTH keys, and control them both. But only ONE of them is ever on your phone. Muun provides the service of cosigning your spends. But they only have one key. This means if someone gets your phone? They can't get your bitcoin. You can make 3 different kinds of backups.
You can use an email address and a password to collaborate with Muun to restore your wallet. Or an email address and your seed to do it on your own, OR if you lose everything you can decrypt a file that has both keys in it using your password.
They are ahead of all other projects when it comes to creating something easy enough for a noob to run as well as well thought out enough to be useful to one of us jabrones.
It's my new fav.
Screw Roach. Such wrong. Wow.
July 23, 2021, 11:30:10 PM
We live in strange times
July 23, 2021, 11:04:37 PM
Do you guys feel it? I feel it. Just a little... so i don't want to get too carried away...
July 23, 2021, 11:01:26 PM
July 23, 2021, 10:56:54 PM
Last two BSV Shitcoin Bag Holders spotted in the wild!
what about xec? it is worth
0.000024 usd a coin.
July 23, 2021, 10:37:59 PM
Last two BSV Shitcoin Bag Holders spotted in the wild!
July 23, 2021, 10:01:34 PM
July 23, 2021, 09:40:35 PM
If it doesn't drop below $30,000, we can test $45,000. I bought some Bitcoin and some altcoins to try my luck. NOT INVESTMENT ADVICE. I'm trying to learn the basics.
It will probably be a successful analysis. I hope it will be successful. I need some money. I want to gain morale with both money and successful analysis.
July 23, 2021, 09:01:26 PM
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