Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13455. (Read 26720273 times)

sr. member
Activity: 392
Merit: 254
Full disclosure, I have vaguely collectivist leanings. Throbbing, unfettered global capital run amok has occupied every housing market on the planet. It’s time the filthy rich were forced to park their money in Bitcoin.


the most 'sensible' draconian dictatorship type of power grab I've ever seen, seems very reasonable to me!

(er...I may be a 'bit' biased as I'm already in HODL mode.....naw......I'm a wonderful fellow...so all above must be just dandy!)

snicker

brad


My biases made me the Bitcorn revolutionary I am today. I stand by them.
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
it is *logically true* that my *literal* assertion proved "false" as it was not identical to what he said.

Thanks for keeping it real.

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I could have started arguing over the subtleties such as even in that ridiculously extreme theoretical scenario Schnorr sigs would in fact "alleviate" (reduce) the time needed... but then he would have replied that it wouldn't because he already was considering ONLY single input tx's... and so on....

My words are carefully chosen. Usually. Except when I'm under the sauce.

I seek only the truth. Well, that and the profit that can be had from applying knowledge of that truth.

JJG's stalwart refusal to entertain any notion not currently within his self-imposed event horizon may eventually lead to his downfall.
copper member
Activity: 2898
Merit: 1465
Clueless!
Full disclosure, I have vaguely collectivist leanings. Throbbing, unfettered global capital run amok has occupied every housing market on the planet. It’s time the filthy rich were forced to park their money in Bitcoin.


the most 'sensible' draconian dictatorship type of power grab I've ever seen, seems very reasonable to me!

(er...I may be a 'bit' biased as I'm already in HODL mode.....naw......I'm a wonderful fellow...so all above must be just dandy!)

snicker

brad
legendary
Activity: 3654
Merit: 8909
https://bpip.org
sr. member
Activity: 392
Merit: 254
Full disclosure, I have vaguely collectivist leanings. Throbbing, unfettered global capital run amok has occupied every housing market on the planet. It’s time the filthy rich were forced to park their money in Bitcoin.
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
And if that each person wanted to make just 32 transactions to different people bcash would need 30yrs to process that. Think about that!

I have thought about that. Today, that is indeed the case. Or even maybe longer - as 32MB is the currently supported max, which is subject to miners' decisions to create blocks smaller than max.

Which is, of course, why there has been discussion within the BCH development community -- for as long as there has been a BCH -- on other orthogonal approaches to scaling.

So while true today, it will be false for some value of 'tomorrow'.

In the meantime, BCH is not suiciding itself for the sake of some illusory benefit of 'decentralization' along some axis that is entirely irrelevant.

Orthogonal?

Yes. Do you understand the term? In this case, meaning scaling in a manner unrelated to the max block size.

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You mean like side chains!

Sidechainy things are within the universe of things being discussed, though certainly not exclusively, nor even leadingly.

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WTF that wasn't in Satoshi's white paper!!!

Point?

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Wait so you're saying that different solutions might come in the future so time and resources are better spent on near term issues

In a manner of speaking, yes. Time tested engineering principles focus on the bang-for-the-buck solutions. Always.

However, it is not 'might come'. We know of several scaling solutions orthogonal to increasing the max block size. The discussions underway are focused upon cost/benefit analysis. Or alternately risk/benefit analysis. You know - the essence of engineering.


Reread that ^ few times, and then read your initial troll post about it taking 30yrs to transfer BTC to every human on earth. And then try really really REALLY hard to continue to troll as if you don't see the parallels

No thanks. Unless you come up with something meaningful and worthy of consideration, I am done wasting my time on this branch of the discussion.
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
No Vegeta memes?

Guys I’m disappointed.

It's a little early for rockets, trains, moons and Carolina fiddles. We're still only in 4 digits. Nice rally today though.

Vegeta? Isn't that some character from some children's cartoon show? Gotta be the lamest meme ever.

Jimbo youre the closest on bottom list right?

That's why I chose it. I felt the bottom was already in.
legendary
Activity: 2604
Merit: 1748
And the EU is now a 'foe' of the United States.  Astounding.  I am sure most of my life I was taught the Americans were allies of Western Europe.  Should I consider going for some weapons training? I mean, a hell of a lot of Americans seem to be visiting places near where I live. There's even a US military base not so far away.  
For the record, Trump clarified that when he said 'foe' he meant 'competitor'. Which is a completely different connotation.

OK, fair enough - but what he said was to camera and was what I saw on the BBC, he hadn't retracted it for most of yesterday.  In the same interview he said Russia was a 'competitor' - did he get them mixed up?


Also to give context, Trump was expressing frustration that the U.S. continues to subsidize Germany and other NATO countries with footing nearly the entire bill for their defense, whilst these same countries continue to trade and buy LNP directly from Russia and not from the U.S.

Yes, Torque - he has every right to ask NATO members to spend 2% on defence, as it's part of the NATO principles (and I cannot blame him) and it's also true that not everyone pays their dues.  However, it is a separate issue to trade and the 'EU" as the EU isn't a NATO member, and NATO is far more than just the countries of the EU.

Wouldn't you too be frustrated with this unfair trade arrangement?

OK - trade: Trump said "Germany is getting 60 to 70 per cent of their energy from Russia and a new pipeline” - the reality is around 20% of all oil and gas imported into Germany is from Russia, so the 'alternative facts' make a mockery of his assertions.   I know Germany well, they know (and Merkel better than most) what it's like to be under the Russian boot. Trump accusing them of being "totally controlled" by Russia was a bit of a stretch, even by his standards of veracity.  A pipeline from the USA is neither in the offing nor remotely practical and - as Germany has no oil, or gas reserves - it must import energy. It wasn't an affront to America, just common sense.  

Germany owes America a hell of a lot, the Marshall plan was incredible and is a huge part of what made Germany what it is today.  Germans would never deny it, but Trump's attacks were wrong, therefore ill-judged - and have simply insulted a country that has been a totally staunch ally of the US since WWII.   I am not sure how they now see the current POTUS.

Sorry - but this is how it is, I know the view from both sides of the pond is radically different as I have lived on both sides of it; I do love America the country and I have many friends there.  But I am sticking to facts that I can back up, just to make sure there is a balanced view here. Not a simple writing off of 500 million people over here by one man with an (arguably) loose respect for facts.

/OT

Oooh - Bitcoin.  Hell, yes!

EDIT: quoting buggered up
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
No Vegeta memes?

Guys I’m disappointed.

It's a little early for rockets, trains, moons and Carolina fiddles. We're still only in 4 digits. Nice rally today though.

Vegeta? Isn't that some character from some children's cartoon show? Gotta be the lamest meme ever.

Jimbo youre the closest on bottom list right?
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
No Vegeta memes?

Guys I’m disappointed.

It's a little early for rockets, trains, moons and Carolina fiddles. We're still only in 4 digits. Nice rally today though.

Vegeta? Isn't that some character from some children's cartoon show? Gotta be the lamest meme ever.
sr. member
Activity: 595
Merit: 251
Is this a bear trap or .......Huh Huh
legendary
Activity: 2688
Merit: 2470
$120000 in 2024 Confirmed
oh look gold and silver down another 1% today
sr. member
Activity: 924
Merit: 311
#TheGoyimKnow
100% obvious Bitcoin is a Jew scam now to try and lure people into a digital-only, cashless society slave system.  Right when the fed was making an announcement, they IMMEDIATELY started bombing metals with naked shorts while trying to pump up shitcoin at the same time.

Fort Knox doesn't have any gold left, and Russia + China are taking the world back to physical silver and gold as money.  The Jewish central bankers are trying to do the old switcharoo and substitute in imaginary, valueless, digital tokens instead.  1)  Because they can use digital tokens to further enslave you.  2)  So they don't have to explain where all the gold went.  Jewish scum will fail, and Russia + China will win.
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
No Vegeta memes?

Guys I’m disappointed.
Closer @ 9000 my friend
Not So long anymore ;-)
hero member
Activity: 568
Merit: 703
Find me a vageta meme that communicates the idea "it's under 9000 but still really impressive" and I'll be impressed.

legendary
Activity: 1722
Merit: 1217
No Vegeta memes?

Guys I’m disappointed.

Find me a Vegeta meme that communicates the idea "it's under 9000 but still really impressive" and I'll be impressed.
legendary
Activity: 2268
Merit: 1278
No Vegeta memes?

Guys I’m disappointed.
Got a ways to go for those. General reminder that we are still under 10k.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
No Vegeta memes?

Guys I’m disappointed.
legendary
Activity: 3794
Merit: 5474
https://www.cnbc.com/2018/07/17/bitcoin-jumps-11percent-in-sudden-move-on-coinbase.html

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"The $6,800 level was massive resistance for three weeks and I think people were shorting against that and they just got their face ripped off," said Brian Kelly, CEO of BKCM.

legendary
Activity: 3122
Merit: 1538
yes
Thanks for the charts, infofront. Scenarios to watch out for indeed.
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