Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
The King Daddy still remains, and is still thriving. 🕶
yes, true, but, be honest, where is the "alternative financial system" based on bitcoin?
It's possible that just sending coins from point A to point B would suffice (and being a putative 'store of value'), but Satoshi envisioned bitcoin banks, if I recall correctly.
13 years have passed, everyone got scars, but there is no "system", would you agree?
At this point, i am not sure if it would be possible as many were trying and so far nothing major had happened. Maybe soon
.BTW, it is not the fault of bitcoin itself, just human folly and greed (and infatuation with supposedly more 'advanced' shitcoins).
Plus, we need a mechanism that explicitly prevents fake bitcoin 'printing'. No entity should be able to say that they have bitcoin if they don't have a "physical one", and if not, then, as someone said here (sorry can't recall the name) it is "stonks 2.0".
EDIT: btw, here is an interesting article suggesting that we should increase our bitcoin usage and not only focus on hodling:
https://bitcoinmagazine.com/culture/for-bitcoin-to-be-true-digital-cash
"We" do not need to do anything other than what we are already doing.
Bitcoin is not broken.
There are peeps doing all kinds of shit in bitcoin. Had you not noticed?
Oh you want peeps to do more?
Why don't you fund it out of your 20 BTC.. starting today.. you can start drawing 4% per year from your 20 BTC and build upon bitcoin.. if you think that something needs to be done that is not currently happening as rapidly as you would prefer.
LTC/DOGE = smaller money.
Fuck Shitcoins.
Just practicing, for reals.
My bitcoin transaction on SEGWIT taking more than 20 minutes to complete with 60% fees overpay. 
mempool is over 120mb for the last two days!.. my node is showing 250MB with 20,500 unconfirmed transaction... not getting confirmed for a while.. i have 2 pending transaction (1sat/vbyte)!.. and average confirm time today is about 70mins....
Use LN!
I am transferring from Ledger to Ledger, not sure how LN works.
EDIT: Just realized, I am now a legendary member
EDIT: at times like this.. avoid sending on layer 1... i sent those pending transaction (Opened new LN Channels) 1 hours before the mempool started climbing.... last 3 days have been very slow on block confirmation.. could be miners shutting down rigs?...
Loyce also posted on the topic yesterday in the "consolidate your UTXOs thread"