Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16596. (Read 26610137 times)

legendary
Activity: 3780
Merit: 5429
Methinks you are lashing out because Bitcoin Cash has not yet cratered, and this prospect is starting to worry you. But that's just armchair analysis by one not specifically trained in psychology.

Methinks that even though you got your coveted 8mb forked coin that you said would solve all problems, it's you that are still worried. Because your shitcoin clone didn't suddenly get universally embraced and take over Bitcoin's market. And Bitcoin's price is still rising as adoption continues to accelerate.

And because you still keep posting about it here. Give it up dude.

legendary
Activity: 1652
Merit: 4393
Be a bank
lies [misattribution by Last of the V8s - ed]

lies? Exactly one of us in this discussion is modifying quotes to misrepresent what the other has said. And it ain't me.

So perhaps you'd like to elucidate at least one specific statement of mine that you believe is a lie? For reference:

So what? So I am just pointing out that use of this completely countermands the entire 'lots of non-mining, fully-validating nodes are useful to the network as a whole' narrative.

I didn't say anything about BCash - neither about Bitcoin Cash, which is what I assume you meant (BCash is an entirely different project based upon zk-snarks).

I have no complaint about Blockstream broadcasting their blockchain via satellite. More power to them. I'm sure some will find it useful.

And I have no unease regarding the trends in regards to the competition of Bitcoin Segwit vs Bitcoin Cash.

Methinks you are lashing out because Bitcoin Cash has not yet cratered, and this prospect is starting to worry you. But that's just armchair analysis by one not specifically trained in psychology.
i don't like quoting your lies.
the bolded part.
while your uncommon use of 'countermand' muddies the waters somewhat, the whole of your statement is purposefully dishonest.
idc about altcoins.

No lies here.
The Blockstream Satellite project is supposed to broadcast the One True Chain, correct?
The Blockstream Satellite project sources this One True Chain from the relay network, correct?
The relay network is a high speed backchannel whose primary purpose is to tie all miners together directly in a low latency network free of hops through non-mining nodes, correct?
You really can't connect these dots?
Although it's great fun and some pr, as it stands I'm not terribly interested in the thing because

45cm Ku Band Satellite Dish (antenna)
PLL LNB (linear polarization) w/ < = 200kHz LO stability
LNB Power Supply
LNB Mounting Bracket
Software Defined Radio interface
Cables, Connectors, and Mounting Hardware
1. Minimum 45cm Satellite Dish (bigger is better)


has to be down only, there is no uplink gear in that BOM

thanks

so we have to trust the chain they beam down? my node can't reject rule-breaking blocks? jbreher would love this

non-starter
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
lies [misattribution by Last of the V8s - ed]

lies? Exactly one of us in this discussion is modifying quotes to misrepresent what the other has said. And it ain't me.

So perhaps you'd like to elucidate at least one specific statement of mine that you believe is a lie? For reference:

So what? So I am just pointing out that use of this completely countermands the entire 'lots of non-mining, fully-validating nodes are useful to the network as a whole' narrative.

I didn't say anything about BCash - neither about Bitcoin Cash, which is what I assume you meant (BCash is an entirely different project based upon zk-snarks).

I have no complaint about Blockstream broadcasting their blockchain via satellite. More power to them. I'm sure some will find it useful.

And I have no unease regarding the trends in regards to the competition of Bitcoin Segwit vs Bitcoin Cash.

Methinks you are lashing out because Bitcoin Cash has not yet cratered, and this prospect is starting to worry you. But that's just armchair analysis by one not specifically trained in psychology.
i don't like quoting your lies.
the bolded part.
while your uncommon use of 'countermand' muddies the waters somewhat, the whole of your statement is purposefully dishonest.
idc about altcoins.

No lies here.
The Blockstream Satellite project is supposed to broadcast the One True Chain, correct?
The Blockstream Satellite project sources this One True Chain from the relay network, correct?
The relay network is a high speed backchannel whose primary purpose is to tie all miners together directly in a low latency network free of hops through non-mining nodes, correct?
You really can't connect these dots?
legendary
Activity: 1652
Merit: 4393
Be a bank
lies [misattribution by Last of the V8s - ed]

lies? Exactly one of us in this discussion is modifying quotes to misrepresent what the other has said. And it ain't me.

So perhaps you'd like to elucidate at least one specific statement of mine that you believe is a lie? For reference:

So what? So I am just pointing out that use of this completely countermands the entire 'lots of non-mining, fully-validating nodes are useful to the network as a whole' narrative.

I didn't say anything about BCash - neither about Bitcoin Cash, which is what I assume you meant (BCash is an entirely different project based upon zk-snarks).

I have no complaint about Blockstream broadcasting their blockchain via satellite. More power to them. I'm sure some will find it useful.

And I have no unease regarding the trends in regards to the competition of Bitcoin Segwit vs Bitcoin Cash.

Methinks you are lashing out because Bitcoin Cash has not yet cratered, and this prospect is starting to worry you. But that's just armchair analysis by one not specifically trained in psychology.
i don't like quoting your lies.
the bolded part.
while your uncommon use of 'countermand' muddies the waters somewhat, the whole of your statement is purposefully dishonest.
idc about altcoins.
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
If you haven't got $100 million to spend on supporting this nascent decentralised network with a broadcast satellite network you should just piss off? amirite?

There is nothing decentralized about a single sanitized version of the chain.

How would that be possible? in any meaningful way the chain is the chain.....right?

(genuine question)  


a gentle reminder - if you could answer the question honestly this time, that would be great

Yeah - see one or two posts above this one.

Your turn.
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
If you haven't got $100 million to spend on supporting this nascent decentralised network with a broadcast satellite network you should just piss off? amirite?

There is nothing decentralized about a single sanitized version of the chain.

How would that be possible? in any meaningful way the chain is the chain.....right?

(genuine question)  

Well, that chain is that chain, to be sure. But if the One True Chain is chosen by a centralized party (i.e. those that own the satellite bandwidth, based upon the backchannel relay network that they also own in control if not own outright in a legal sense), then that One True Chain isn't very decentralized, is it?

Is it not a central tenet of core-ians that it is multitudinous non-mining fully-validating nodes cooperating on validation that determines the One True Chain? Or are you admitting that such non-mining fully-validating nodes add no value to the system as a whole?

(genuine questions)
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
lies [misattribution by Last of the V8s - ed]

lies? Exactly one of us in this discussion is modifying quotes to misrepresent what the other has said. And it ain't me.

So perhaps you'd like to elucidate at least one specific statement of mine that you believe is a lie? For reference:

So what? So I am just pointing out that use of this completely countermands the entire 'lots of non-mining, fully-validating nodes are useful to the network as a whole' narrative.

I didn't say anything about BCash - neither about Bitcoin Cash, which is what I assume you meant (BCash is an entirely different project based upon zk-snarks).

I have no complaint about Blockstream broadcasting their blockchain via satellite. More power to them. I'm sure some will find it useful.

And I have no unease regarding the trends in regards to the competition of Bitcoin Segwit vs Bitcoin Cash.

Methinks you are lashing out because Bitcoin Cash has not yet cratered, and this prospect is starting to worry you. But that's just armchair analysis by one not specifically trained in psychology.
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
legendary
Activity: 1078
Merit: 1441



True. Let's be honest here, we've all seen this time and time again.



Yea But its fucking worthless everytime we hit ath then we sink €300 down almost
Oke i understand poeple big investors making money sell high And buy loww to make there stash bigger

But its fucking annoying

meh....it is nothing new in terms of percentages- it is just a little more dramatic now that there is more $$ involved


Do not fight it....embrace it
legendary
Activity: 1652
Merit: 4393
Be a bank
hero member
Activity: 659
Merit: 500
Zepher is scammer!:)
Next target 5k before end of august?
newbie
Activity: 15
Merit: 0
You should talk to shroomskit.
sr. member
Activity: 579
Merit: 267



True. Let's be honest here, we've all seen this time and time again.



Yea But its fucking worthless everytime we hit ath then we sink €300 down almost
Oke i understand poeple big investors making money sell high And buy loww to make there stash bigger

But its fucking annoying
legendary
Activity: 1652
Merit: 4393
Be a bank
there's a theory that we won't be safe till we're using 51% of the world's energy supply to secure the chain, but let's not tell the lamestream yet
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Firstly, I'm still 90%+ in BTC, so whatever I say against it is against my interest. And yet I'm trying to be honest because I believe that truth pays.

I'm not an expert, but I see several problems with BTC:
- no incentives for full nodes;
- the limited tx throughput together with second level networks could create perverse incentives where some L2 operator spams the main network to direct traffic to his L2;
- the amount of energy dissipated to mine is already ridiculous;
-... (add more here)

They've all got their flaws. What differentiates BTC is that the flaws have been deeply explored and are slowly being addressed by skilled people. All the while it's still operating perfectly at max capacity.

Its origins can never be replicated. Its operational track record is pretty stunning.

It would take absolute technical perfection, flawless integrity and the closing off of every imaginable exploit for something else to turn enough heads. And by the time everyone was on board there'd be unimagined gaping holes found by someone.
legendary
Activity: 1358
Merit: 1016



True. Let's be honest here, we've all seen this time and time again.
full member
Activity: 308
Merit: 100
legendary
Activity: 1358
Merit: 1016
So.....ATH and now...............bitcoin dead?
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
Seems like you want to engage in a disinformation campaign, conspirosphere, especially if you are suggesting that there is some crypto out there that is better than BTC?

I don't want to encourage you to pump various shitcoins, but which one(s) is(are) better?  You gonna put your money there?  Can bitcoin adopt some of their supposed better aspects at a later date after the supposed better aspects get tested out?

Firstly, I'm still 90%+ in BTC, so whatever I say against it is against my interest. And yet I'm trying to be honest because I believe that truth pays.

I'm not an expert, but I see several problems with BTC:
- no incentives for full nodes;
- the limited tx throughput together with second level networks could create perverse incentives where some L2 operator spams the main network to direct traffic to his L2;
- the amount of energy dissipated to mine is already ridiculous;
-... (add more here)
legendary
Activity: 1652
Merit: 4393
Be a bank
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