Topic: Wall Observer BTC/USD - Bitcoin price movement tracking &amp; discussion - page 17216. (Read 26608271 times)

Quote from: spooderman on May 19, 2017, 11:32:04 AM

Quote from: micalith on May 19, 2017, 02:05:52 PM

Can't believe ETH hasn't crashed yet.

What dumb fucks are actually holding that?

example:

https://www.youtube.com/watch?v=fUVTb8-i93s

I am so conflicted. I live to HODL but I yearn to dump on people like this

well that's easy.

hodl bitcoin

dump ETH.

done

Hey, I've not been frequenting the forums as much as I used to. Can one of you explain why there's such vitriolic anti-ETH sentiment here? It seems to be more than just the usual competitive banter

Hello???

This is not an ethereum or alt coin thread... .Does that help to explain?

chopstick

legendary

Activity: 992

Merit: 1000

Poloniex is retarded, millions of dollars pump random shitcoins at complete random. And the thousands of traders just jump on at any given time or moment, with no rhyme or reason or logic.

Hence why Bytecoin, Stellar, Ripple etc etc have all jumped up in value to retarded levels.

I mean seriously, Bytecoin? Stellar? WTF?

One could have made a fortune on almost any coin just by investing in shitcoins 3 months ago on poloniex and holding for 3 months.

European Central Bank

legendary

Activity: 1288

Merit: 1087

Hey, I've not been frequenting the forums as much as I used to. Can one of you explain why there's such vitriolic anti-ETH sentiment here? It seems to be more than just the usual competitive banter

because deep down it means less dollars for bitcoin holders, but most of them won't admit this out in the open.

it's also pissed all over the core principles of crypto but that's far less important.

JimboToronto

legendary

Activity: 4200

Merit: 4887

You're never too old to think young.

Quote from: micalith on May 19, 2017, 02:05:52 PM

Can one of you explain why there's such vitriolic anti-ETH sentiment here? It seems to be more than just the usual competitive banter

My guess is that both Ethereum and Ripple are centralized coins run by slick businessmen who can create unlimited coins as they desire.

Both are despised. Honest Bitcoin clones like Litecoin are better tolerated.

Cassius

legendary

Activity: 1764

Merit: 1031

Quote from: Torque on May 19, 2017, 01:01:27 PM

Quote from: BlindMayorBitcorn on May 19, 2017, 12:09:27 PM

Quote from: Torque on May 19, 2017, 10:06:50 AM

Quote from: cmacwiz on May 19, 2017, 01:06:29 PM

It amuses me when maximalists confuse an 'ought' (or 'can') with an 'is'. The reality is that ~~businesses~~ troll traders are obliviously just getting on and using non-bitcoin blockchains (= ~~alts~~ shitcoins) for ~~all kinds of things~~ fleecing newbs out of their $$$ without any regard to those arguments.

FTFY

That's happening too. But it's probably incidental. There's an obvious market need for small transactions that Bitcoin has become incapable of filling. Alts are here to stay.

99.7% bitcoin troll trading, FOMO buying as a store of value, or currently spamming the network
0.3% or less people trying to buy a coffee or some other real world transaction (like buying drugs, gambling, etc.)

And I'm being generous, the real ratio is probably way worse than this. So the farcical arguments really need to stop.

Well, I ordered four things for BTC in the last week. The Cryptosteel and SD card were both complicated by delayed txs. At this point, PayPal would be more convenient, which is not cool.

JimboToronto

legendary

Activity: 4200

Merit: 4887

You're never too old to think young.

I can't believe that people allow themselves to get suckered by obvious intimidation walls like the ask wall at $1925 at Stamp.

If it had gotten nibbled, it almost surely would have been pulled.

Roll Eyes

micalith

hero member

Activity: 894

Merit: 501

Quote from: spooderman on May 19, 2017, 12:59:10 PM

Quote from: spooderman on May 19, 2017, 11:32:04 AM

Quote from: OROBTC on May 19, 2017, 12:41:34 PM

Can't believe ETH hasn't crashed yet.

What dumb fucks are actually holding that?

example:

https://www.youtube.com/watch?v=fUVTb8-i93s

I am so conflicted. I live to HODL but I yearn to dump on people like this

well that's easy.

hodl bitcoin

dump ETH.

done

Hey, I've not been frequenting the forums as much as I used to. Can one of you explain why there's such vitriolic anti-ETH sentiment here? It seems to be more than just the usual competitive banter

Dabs

legendary

Activity: 3416

Merit: 1912

The Concierge of Crypto

(And thank you, Dabs, for helping me to get started w/ PGP several months ago, I use it fairly frequently)

You're welcome. I use it all the time if the other guy has PGP / GPG too. (And VPNs and Tor.) Even if all I'm going to say is "Hey dude/bro, what's up?"

In my family, we just use text messaging apps with end to end encryption, easier for them. (Viber, Signal, WhatsApp)

It used to be on blockchain.info I could see how many nodes has a particular transaction as well as an estimate of when it will be confirmed, but now they are gone.

metacoin

sr. member

Activity: 437

Merit: 260

balance

BTC is currently good at, maybe even the best in the world at, being a:

Store of value
High-value transfer mechanism (currently $500 or more makes sense given the fees)
Third-party-free payment system. For example: PayPal might close my account if they don't like what I'm doing with my own money on their network. That won't happen if instead I pay using the Bitcoin network.

We are starting to see why altcoins exist. Imagine a situation where some blockchain apps were written in a protocol on top of OP_RETURN in Bitcoin instead of in a separate chain. Now imagine that app has more of a parasitic relationship with the blockchain than a symbiotic one due to the properties of the Bitcoin blockchain. Some alt chains exist because Bitcoin isn't the right place for those experiments. It's a bad engineering decision to hope the baseline protocol doesn't shift from under your feet if you build on top of a blockchain whose user base does not have a consensus in agreement with whether or not your app is healthy for the ecosystem. I think it is better for both systems to separate concerns rather than try to fit a square peg in a round hole.

cmacwiz

sr. member

Activity: 704

Merit: 270

Quote from: spooderman on May 19, 2017, 12:59:10 PM

Quote from: spooderman on May 19, 2017, 11:32:04 AM

Quote from: BlindMayorBitcorn on May 19, 2017, 12:09:27 PM

Can't believe ETH hasn't crashed yet.

What dumb fucks are actually holding that?

example:

https://www.youtube.com/watch?v=fUVTb8-i93s

I am so conflicted. I live to HODL but I yearn to dump on people like this

well that's easy.

hodl bitcoin

dump ETH.

done

Torque

legendary

Activity: 3780

Merit: 5429

Quote from: Torque on May 19, 2017, 10:06:50 AM

It amuses me when maximalists confuse an 'ought' (or 'can') with an 'is'. The reality is that ~~businesses~~ troll traders are obliviously just getting on and using non-bitcoin blockchains (= ~~alts~~ shitcoins) for ~~all kinds of things~~ fleecing newbs out of their $$$ without any regard to those arguments.

FTFY

That's happening too. But it's probably incidental. There's an obvious market need for small transactions that Bitcoin has become incapable of filling. Alts are here to stay.

99.7% bitcoin troll trading, FOMO buying as a store of value, or currently spamming the network
0.3% or less people trying to buy a coffee or some other real world transaction (like buying drugs, gambling, etc.)

And I'm being generous, the real ratio is probably way worse than this. So the farcical arguments really need to stop.

spooderman

legendary

Activity: 1652

Merit: 1029

Quote from: spooderman on May 19, 2017, 11:32:04 AM

Quote from: spooderman on May 19, 2017, 11:32:04 AM

Can't believe ETH hasn't crashed yet.

What dumb fucks are actually holding that?

example:

https://www.youtube.com/watch?v=fUVTb8-i93s

I am so conflicted. I live to HODL but I yearn to dump on people like this

well that's easy.

hodl bitcoin

dump ETH.

cmacwiz

sr. member

Activity: 704

Merit: 270

Quote from: Dabs on May 19, 2017, 12:10:34 PM

Can't believe ETH hasn't crashed yet.

What dumb fucks are actually holding that?

example:

https://www.youtube.com/watch?v=fUVTb8-i93s

I am so conflicted. I live to HODL but I yearn to dump on people like this

OROBTC

legendary

Activity: 2968

Merit: 1895

Zero Conf are generally not safe, however, they are reasonable safe as long as they satisfy a few criteria:

1. No detected double spend attempts within 10 seconds after first seeing the transaction on the network.
2. Has paid at least the minimum transaction fee shown on https://bitcoinfees.21.co/
3. Has propagated to about 80% to 90% of nodes on the network.

^^ And that is excellent information.

From here on (at least for a while), I will be paying more than is suggested by bitcoinfees.21. Most of my (outgoing anyway) trx are important (to me), and I want a fast confirmation. So, I pay up. I don't want my $200 trx held up for a long time because I am too cheap.

Speed is important for me.

(And thank you, Dabs, for helping me to get started w/ PGP several months ago, I use it fairly frequently)

Dabs

legendary

Activity: 3416

Merit: 1912

The Concierge of Crypto

Zero Conf are generally not safe, however, they are reasonable safe as long as they satisfy a few criteria:

1. No detected double spend attempts within 10 seconds after first seeing the transaction on the network.
2. Has paid at least the minimum transaction fee shown on https://bitcoinfees.21.co/
3. Has propagated to about 80% to 90% of nodes on the network.

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Quote from: Torque on May 19, 2017, 10:06:50 AM

Quote from: kromer on May 19, 2017, 11:38:25 AM

It amuses me when maximalists confuse an 'ought' (or 'can') with an 'is'. The reality is that ~~businesses~~ troll traders are obliviously just getting on and using non-bitcoin blockchains (= ~~alts~~ shitcoins) for ~~all kinds of things~~ fleecing newbs out of their $$$ without any regard to those arguments.

FTFY

That's happening too. But it's probably incidental. There's an obvious market need for small transactions that Bitcoin has become incapable of filling. Alts are here to stay.

Nagadota

hero member

Activity: 574

Merit: 500

ClaimWithMe - the most paying faucet of all times!

Quote from: kromer on May 19, 2017, 11:38:25 AM

The reality is that businesses are obliviously just getting on and using non-bitcoin blockchains (= alts) for all kinds of things without any regard to those arguments.

Zero confirmation transactions are generally safe. Alt coins bring nothing new and have no advantages over Bitcoin.

-Zero confirmation transactions are not safe. They are not safe.

-Altcoins can bring new things. It all depends on the specific altcoin. However, Bitcoin should be adaptable and it wouldn't make sense for people to jump ship as soon as there's a problem - if that happened, there'd be a new coin every week.

People who are annoyed should help contribute towards a side that they support by running the desired node, mining on a pool that supports their side, or contributing towards a UASF if they want that.

julian071

hero member

Activity: 1132

Merit: 818

The reality is that businesses are obliviously just getting on and using non-bitcoin blockchains (= alts) for all kinds of things without any regard to those arguments.

They aren't. It is all just a marketing strategy to appear blockchain-friendly / forward-thinking without associating themselves with the negative public image of Bitcoin (drugs, hackers, etc).

Bitcoin still works fine. Zero confirmation transactions are generally safe. Alt coins bring nothing new and have no advantages over Bitcoin.

It's this uninformed and complacent attitude that is the only real threat to BTC.

CistaCista

jr. member

Activity: 32

Merit: 8

Less than 1% difference between Stamp and Bitfinex.
I didn't follow, did they fix Finex?

kromer

member

Activity: 86

Merit: 16