Bitcoin reaches 20-month high as classic-coup dies

Weawant

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Quote from: apriyoni on June 20, 2016, 06:02:33 AM

Quote from: ?? on ??

At the moment there is no classic-coup. I am a supporter of Core, but I want the block size to increase soon.

There is big congestion in the bitcoin transaction. I think the block size has to increase to 2MB or higher soon.

I heard in the Hong Kong meeting, some Core members agree to increase the block size to 2MB in July.

Eugenar

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Quote from: ?? on ??

Quote from: apriyoni on July 05, 2016, 12:25:05 PM

Quote from: Weawant on July 02, 2016, 02:27:36 AM

Quote from: apriyoni on June 20, 2016, 06:02:33 AM

Quote from: ?? on ??

At the moment there is no classic-coup. I am a supporter of Core, but I want the block size to increase soon.

There is big congestion in the bitcoin transaction. I think the block size has to increase to 2MB or higher soon.

I heard in the Hong Kong meeting, some Core members agree to increase the block size to 2MB in July.

If the bitcoin wants to give good user experience, it has to increase the block size and reduce the confirmation time.

I agree with you. I guess they should make the confirmation time to be done within 10 mins. If the block size would be increased too, I guess that will cause a very big pump well only time will tell.

Confirmation with 1 to 2 blocks is fine with most people. So the Core should increase the bock size soon.

apriyoni

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Quote from: Weawant on July 02, 2016, 02:27:36 AM

Quote from: apriyoni on June 20, 2016, 06:02:33 AM

Quote from: ?? on ??

At the moment there is no classic-coup. I am a supporter of Core, but I want the block size to increase soon.

There is big congestion in the bitcoin transaction. I think the block size has to increase to 2MB or higher soon.

I heard in the Hong Kong meeting, some Core members agree to increase the block size to 2MB in July.

If the bitcoin wants to give good user experience, it has to increase the block size and reduce the confirmation time.

apriyoni

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Activity: 308

Merit: 250

Quote from: ?? on ??

At the moment there is no classic-coup. I am a supporter of Core, but I want the block size to increase soon.

There is big congestion in the bitcoin transaction. I think the block size has to increase to 2MB or higher soon.

danielW

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Quote from: worhiper_-_ on May 27, 2016, 11:12:09 PM

I wouldn't correlate this with classic failing. We knew it was going to fail from early on anyway. Parties that have an impact on the price including most miners decided to block classic anyway so I find it unlikely that the recent price rally has anything to do with it.

I think the price has been very low for about 1 year and the infighting and classic/xt thread kept it down.

With that threat seemingly gone the way is open to moon.

Quote from: Big Dick on May 20, 2016, 11:37:57 AM

Quote from: danielW on April 21, 2016, 06:07:49 PM

Time to rejoice, the future is bright, Bitcoin core development is moving at a feverish pace.

Strap yourself in!!

Last time i listen to you, OP Angry

I hope you didnt listen to those classic shills? They have history of being wrong about everything! They will cost you your money, bad crowd.

worhiper_-_

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I wouldn't correlate this with classic failing. We knew it was going to fail from early on anyway. Parties that have an impact on the price including most miners decided to block classic anyway so I find it unlikely that the recent price rally has anything to do with it.

coinmall

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Quote from: 600watt on May 27, 2016, 11:07:05 PM

Quote from: LFC_Bitcoin on May 27, 2016, 04:00:49 PM

Fallen to 470.00 exactly on Stamp now, I'm worried we might experience a dump over night, I hope not though.

don´t worry, mate. this time it is different^TM

most times, it's no different. until it is... Wink

600watt

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Quote from: LFC_Bitcoin on May 27, 2016, 04:00:49 PM

Fallen to 470.00 exactly on Stamp now, I'm worried we might experience a dump over night, I hope not though.

don´t worry, mate. this time it is different^TM

hacknoid

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Proud Canuck

Quote from: danielW on April 21, 2016, 06:40:52 PM

Quote from: tobacco123 on April 21, 2016, 06:34:55 PM

Really 20-month high? It was around 21-Jun-14 about 20 months ago. The price was $600+.

We did briefly touched $500 in Nov-15. I think it should be 5-6 month high.

I guess 19 month high then, I just estimated from looking at chart. 5-6 months ago that was only very short, few hours or days at most so I dont count that.

Just look at the volume weighted average and that makes it clear. Indeed, it's been 20 months (Sept 16, 2014) the last time we were higher.

1Referee

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Quote from: LFC_Bitcoin on May 27, 2016, 04:00:49 PM

Fallen to 470.00 exactly on Stamp now, I'm worried we might experience a dump over night, I hope not though.

No need to be worried. It's normal that we'll face some dumps after the price has gone up this much in a matter of hours. Some traders will grab this opportunity do take profits.

zimmah

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Quote from: Mobius on April 21, 2016, 08:22:06 PM

Strap on in, it's happening Grin

I read that as strap it on.

wtf brain

LFC_Bitcoin

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Fallen to 470.00 exactly on Stamp now, I'm worried we might experience a dump over night, I hope not though.

600watt

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Quote from: Eugenar on May 27, 2016, 02:06:44 PM

Today, the bitcoin price reached $478 in Bitstamp, that is also a multi months high. It is a good sign.

in the last 21 months price has been higher than today only for some hours during the november 2015 spike. fantastic.

john2231

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Quote from: Eugenar on May 27, 2016, 02:06:44 PM

Today, the bitcoin price reached $478 in Bitstamp, that is also a multi months high. It is a good sign.

Im lucky today that the price reach $478 and your right this is the good sign.. maybe sooner it will jump fast and hit $500 usd..
Just lets hope that the price tommorow reach 500..

Eugenar

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Today, the bitcoin price reached $478 in Bitstamp, that is also a multi months high. It is a good sign.

danielW

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Quote from: Big Dick on May 20, 2016, 11:37:57 AM

Quote from: danielW on April 21, 2016, 06:07:49 PM

Time to rejoice, the future is bright, Bitcoin core development is moving at a feverish pace.

Strap yourself in!!

Last time i listen to you, OP Angry

Sorry? The price is higher now then when I made the post.

As classic is dead and bitcoin moving forwards in strides this positive trend will continue.

Big Dick

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Quote from: danielW on April 21, 2016, 06:07:49 PM

Time to rejoice, the future is bright, Bitcoin core development is moving at a feverish pace.

Strap yourself in!!

Last time i listen to you, OP Angry

Eugenar

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Merit: 278

The bitcoin price just dropped to multi week low, should we say the Core is dying? I think there is nothing to do with the Core or the Classic.

naidray

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Well the value is stabilizing at ~$450 and I don't see any reason for bitcoin to hit $500 anytime soon. Unless some big company adopts bitcoin to its transactions and gives publicity, it might trigger a potential bump.

apriyoni

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The classic competition is good for the economy of bitcoin. Otherwise, we will not see the block size increase so soon.

maokoto

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It is a nice raise now... but there have been like 2-3 raises to 450+ and then down again. Hope this is really to reach 500, but it is not so clear in my view.

Mobius

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Strap on in, it's happening Grin

Monnt

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Honestly doesn't feel like 19 months. It feels like just yesterday bitcoin fell from $600..

Screw XT. Core is love, Core is life.

iram66680

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20 month high does sound like progress for the bitcoin front. I like this kind of news. It gives us hope that it might break the $600 mark soon like it did way back when. I didn't even remember this price before seeing this thread.
Is there maybe a website that can remind us about these points in bitcoins history when these have happened? I mean a site that is easy to look at instead of confusing graphs. A simple to read timeline if available.

Yakamoto

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Jeez, I didn't think that it has been 20 months since we hit $448 last. I thought it was over that only 3 or 4 months ago.

Regardless, I'm glad to see it's bouncing back. It looks like we might be getting investors interested again.

danielW

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Quote from: tobacco123 on April 21, 2016, 06:49:33 PM

Quote from: danielW on April 21, 2016, 06:40:52 PM

Quote from: tobacco123 on April 21, 2016, 06:34:55 PM

Really 20-month high? It was around 21-Jun-14 about 20 months ago. The price was $600+.

We did briefly touched $500 in Nov-15. I think it should be 5-6 month high.

I guess 19 month high then, I just estimated from looking at chart. 5-6 months ago that was only very short, few hours or days at most so I dont count that.

I agree... but how can we be sure that the current price is going to stay longer than a few days?

I guess we will have to wait and see, nothing is ever for certain, but seeing that classic is all but dead, there does not seem anything in the way of a rise now which is probably long over-due.

I know where I'm betting my money Grin

tobacco123

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Quote from: danielW on April 21, 2016, 06:40:52 PM

Quote from: tobacco123 on April 21, 2016, 06:34:55 PM

Really 20-month high? It was around 21-Jun-14 about 20 months ago. The price was $600+.

We did briefly touched $500 in Nov-15. I think it should be 5-6 month high.

I guess 19 month high then, I just estimated from looking at chart. 5-6 months ago that was only very short, few hours or days at most so I dont count that.

I agree... but how can we be sure that the current price is going to stay longer than a few days?

danielW

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Activity: 277

Merit: 257

Quote from: tobacco123 on April 21, 2016, 06:34:55 PM

Really 20-month high? It was around 21-Jun-14 about 20 months ago. The price was $600+.

We did briefly touched $500 in Nov-15. I think it should be 5-6 month high.

I guess 19 month high then, I just estimated from looking at chart. 5-6 months ago that was only very short, few hours or days at most so I dont count that.

tobacco123

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Activity: 552

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Really 20-month high? It was around 21-Jun-14 about 20 months ago. The price was $600+.

We did briefly touched $500 in Nov-15. I think it should be 5-6 month high.

danielW

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Activity: 277

Merit: 257

Time to rejoice, the future is bright, Bitcoin core development is moving at a feverish pace.

When XT started dying we doubled our price.

With the classic coup looking dead the way is clear for Bitcoin to hit the moon.

Strap yourself in!!

Topic: Bitcoin reaches 20-month high as classic-coup dies (Read 1873 times)