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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20948. (Read 26708488 times)

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
staff
Activity: 4270
Merit: 1209
I support freedom of choice
My understanding is that BIP 100 requires a miner vote for ANY blocksize increase and then it's only marginal. 

So imagine the network is bogging down and miners are raking in fees for the big transactions, do you think they will vote to increase blocksize?   If you say "yes", are you confident enough to bet your business on it? Your life savings? How is that any better than what we have now? Markets hate uncertainty. We are witnessing that.
Yep.

Giving voting power to the miners is another way to change how the network was designed.
It's is another bad idea as limiting the block size.
legendary
Activity: 1106
Merit: 1007
Hide your women
So when the price drops so low that everyone is mining at a loss, how many mines will shut down, how many will run cripplecode and how many will run XT?

Forget XT, it's not going to happen. Some version of bip 100 will likely be chosen. XT is a coup to produce some action.

Production cost is still below current price.

If big enough mines start shutting down you should be far more worried about Bitcoin dying due to how long it would take to find a block than what client is currently running.

My understanding is that BIP 100 requires a miner vote for ANY blocksize increase and then it's only marginal. 

So imagine the network is bogging down and miners are raking in fees for the big transactions, do you think they will vote to increase blocksize?   If you say "yes", are you confident enough to bet your business on it? Your life savings? How is that any better than what we have now? Markets hate uncertainty. We are witnessing that.

sr. member
Activity: 280
Merit: 250
208.1



how sad, how very sad.

Poor Dorian.



He seemed to enjoy the free lunch though.  Wink
Ah yes Satoshi Nakamoto, when that crazed reporter first broke that story.... just for a moment I had to wonder,,, what if? lol

It would be so cool if the real Satoshi Nakamoto would come out of the dark and make a strong case one way or the other on the Bips. We need our creator  Cheesy
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
what I miss this time? how can it be 200 $ from $ 270 in 1 week Huh
are this problem really bitcoin XT

damn i still hold my bitcoin

its alot of things all at once when it rains it pours.
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
208.1



how sad, how very sad.

Poor Dorian.



He seemed to enjoy the free lunch though.  Wink
hero member
Activity: 756
Merit: 503
what I miss this time? how can it be 200 $ from $ 270 in 1 week Huh
are this problem really bitcoin XT

damn i still hold my bitcoin
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
208.1



how sad, how very sad.
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.

It's always the Chartbuddies I really want to see that are broken.

I was watching the Yankees/Astros game and missed the action. I check in here to see where we're at and it's already done and back over $200 again.

Any chance of getting it fixed and posted in retrospect, Richy? I'd love to see what it looked like.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
So when the price drops so low that everyone is mining at a loss, how many mines will shut down, how many will run cripplecode and how many will run XT?

Forget XT, it's not going to happen. Some version of bip 100 will likely be chosen. XT is a coup to produce some action.

Production cost is still below current price.

If big enough mines start shutting down you should be far more worried about Bitcoin dying due to how long it would take to find a block than what client is currently running.

dosnt feel planned out or anything but that appears to be what happened.
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
how do ya feel permabulls?  Tongue

Not quite as good as the middle of January.

Now that was a really good buying opportunity.

This came close.
sr. member
Activity: 280
Merit: 250
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
is crypto done??  Huh


Are you retarded somehow ?  Posting the same questions since weeks ....

You just noticed?
hero member
Activity: 798
Merit: 1000
So when the price drops so low that everyone is mining at a loss, how many mines will shut down, how many will run cripplecode and how many will run XT?

Forget XT, it's not going to happen. Some version of bip 100 will likely be chosen. XT is a coup to produce some action.

Production cost is still below current price.

If big enough mines start shutting down you should be far more worried about Bitcoin dying due to how long it would take to find a block than what client is currently running.
legendary
Activity: 1106
Merit: 1007
Hide your women
So when the price drops so low that everyone is mining at a loss, how many mines will shut down, how many will run cripplecode and how many will run XT?
sr. member
Activity: 280
Merit: 250
This is what happens, when people try to force a contentious hard fork.

Btw miners will mine both because they will both have economic value and money is to be made.

Two separate chains is a very realistic possibility and gets more likely as time goes by. Both sides are becoming more entrenched in their positions and refuse to back down. The arguments are getting more heated and angry.

won't happen. printing new business cards just to change core developer to altcoin developer is way to expensive.
core will do 101 after an appropriate cool down phase (weeks) to keep as much face as possible.
In reality it is an Altcoin, and I have said that before.. only this Alt will be the one that replaces bitcoin, where no other alt could come close,,, (as many alts have aspired to be) and this alt gets to keep the name Bitcoin as a prize  Cheesy
hero member
Activity: 798
Merit: 1000
One thing is for sure and you can quote me on this later. This whole XT mess will go away at some point when all the devs get together and sort it out, agree to future pull requests etc. When that happens god help the shorts.
That will never happen until Blockstream is removed from the equation.

Missed this in the mele.

Ummmm, nope. It's far more likely that XT will be rejected and a consensus reached on an alternative.

BIP 100 already has 25% of the hashing power currently backing it.
legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
hero member
Activity: 597
Merit: 500
This is what happens, when people try to force a contentious hard fork.

Btw miners will mine both because they will both have economic value and money is to be made.

Two separate chains is a very realistic possibility and gets more likely as time goes by. Both sides are becoming more entrenched in their positions and refuse to back down. The arguments are getting more heated and angry.

won't happen. printing new business cards just to change core developer to altcoin developer is way to expensive.
core will do 101 after an appropriate cool down phase (weeks) to keep as much face as possible.
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