Topic: Wall Observer BTC/USD - Bitcoin price movement tracking &amp; discussion - page 17440. (Read 26710230 times)

Quote from: gembitz on April 06, 2017, 02:06:04 AM

I don't really care which upgrade goes through as long as it goes smoothly (though I would really like to see Lightning Network go through) but seeing Litecoin double in price due to the likelihood of Segwit going through makes me want to see the same thing happen to bitcoin's price.

Make it so.

If Segwit should get activated for BTC the price will reach $2000 in no time!
Furthermore Litecoin+SegWit will be a nice test run. It almost reached 70% with the appearance of SuprnovaPools also signaling for SegWit.
Very exciting days at the moment!

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

^fool are you slow? i've personally met LN and was not impressed ~ gave them a free hall pass and here over a year latter im still not impressed.. now digging deeper i see an agenda!! Shocked

*stay tuned*

My agenda is:

Quote

I just want to be able to run a LN node and make money from my CPU and network connection.

Either way, as this is not the development forum I will return the thread to discussions of Bitcoin price movement tracking.

gembitz

hero member

Activity: 1848

Merit: 640

*Brute force will solve any Bitcoin problem*

Quote from: Elwar on April 06, 2017, 01:41:32 AM

Quote from: gembitz on April 06, 2017, 01:35:48 AM

Quote from: Elwar on April 06, 2017, 12:59:59 AM

Quote from: harrymmmm on April 06, 2017, 01:50:53 AM

I don't really care which upgrade goes through as long as it goes smoothly (though I would really like to see Lightning Network go through) but seeing Litecoin double in price due to the likelihood of Segwit going through makes me want to see the same thing happen to bitcoin's price.

Make it so.

^Poon is a ninny! :-D i don't see the future of bitcoin based on LN adoption..not at all lulz

I just want to be able to run a LN node and make money from my CPU and network connection.

Kinda like what was promised by a certain cryptocurrency back in the day.

LN is for cops! Shocked

~traceable transactions ..trouble closing out old channels hmm

You mean, like every transaction is on a public ledger? LN is as private as the network you choose to join. The market will be able to provide the amount of privacy you need.

LN and other offchain schemes help law enforcement trace "bad actors" and identify participants :\

Source?

^fool are you slow? i've personally met LN and was not impressed ~ gave them a free hall pass and here over a year latter im still not impressed.. now digging deeper i see an agenda!! Shocked

*stay tuned*

JayJuanGee

legendary

Activity: 3948

Merit: 11416

Self-Custody is a right. Say no to"Non-custodial"

Quote from: JayJuanGee on April 06, 2017, 12:29:46 AM

Quote from: harrymmmm on April 05, 2017, 11:58:41 PM

Quote from: JayJuanGee on April 05, 2017, 10:03:00 PM

Quote from: Killerpotleaf on April 05, 2017, 09:50:40 PM

FINALLY segwit will burn and we will have BIGGER BLOCKS

[http://m.memegen.com/szcxil.jpg[/img]

Are you referring to any recent news in particular, or just communicating a pure wish? hahahahaha

Haha.
'Past Performance Is No Guarantee of Future Results' and 'high volatility' is very applicable to adam's posts. IOW, a real bitcoiner.
Roll Eyes

I'm not sure if I understand your post or your position about this whole question regarding the short to medium prognosis for bitcoin?

I personally believe that in the end, some variation of the core's vision is going to prevail, and surely I hope that it includes some kind of incorporation of segwit - but even if seg wit does not get incorporated in the coming years, bitcoin still is in a decent place in terms of storage of value and security and various kinds of ways to control your own wealth from capital controls and even some kinds of abilities to do quasi-anonymous transactions in a pretty secure way.

Ahh. You are not using a poster's previous posts to assess the meaning of a current post. I can't fault you for that, but it explains why you don't see what I meant regarding adam's bipolar, chaotic, gut-wrenching opinion changes from post to post.

I guess it also explains why you don't know my own position. I'm on record as saying recently here that BU was a distraction and the real issue was miner obstruction of segwit. I just couldn't understand why that was happening. Now we know and I feel the world is rational once again

I'm hesitant to predict the future. I'm of the opinion that a miner found a competitive advantage and used it for a long time. Nothing wrong there (leaving out politics, patent rights etc). I'm sure that the next few weeks will provide lots of interesting reading about the possible ways forward. I can't see why any miner would stop using that advantage while he can, but otoh it can't be allowed to stop bitcoin protocol innovations. Interesting times ahead...

Thanks for that explanation Señor mmmmmmmmmmmm.

I can't really disagree with you about any of that. It's starting to feel a little bit like the application of the principle "whatever doesn't kill you will make you stronger."

Some of these weaknesses have been identified, and maybe some of those mining loopholes are going to be sealed up, even though it may take a bit of time to playout?

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

Bitcoin price up over 12% since April 1. If we could do this every week that would be quite satisfactory.

harrymmmm

hero member

Activity: 576

Merit: 503

Quote from: JayJuanGee on April 06, 2017, 12:29:46 AM

Quote from: harrymmmm on April 05, 2017, 11:58:41 PM

Quote from: JayJuanGee on April 05, 2017, 10:03:00 PM

Quote from: Killerpotleaf on April 05, 2017, 09:50:40 PM

FINALLY segwit will burn and we will have BIGGER BLOCKS

[http://m.memegen.com/szcxil.jpg[/img]

Are you referring to any recent news in particular, or just communicating a pure wish? hahahahaha

Haha.
'Past Performance Is No Guarantee of Future Results' and 'high volatility' is very applicable to adam's posts. IOW, a real bitcoiner.
Roll Eyes

I'm not sure if I understand your post or your position about this whole question regarding the short to medium prognosis for bitcoin?

I personally believe that in the end, some variation of the core's vision is going to prevail, and surely I hope that it includes some kind of incorporation of segwit - but even if seg wit does not get incorporated in the coming years, bitcoin still is in a decent place in terms of storage of value and security and various kinds of ways to control your own wealth from capital controls and even some kinds of abilities to do quasi-anonymous transactions in a pretty secure way.

Ahh. You are not using a poster's previous posts to assess the meaning of a current post. I can't fault you for that, but it explains why you don't see what I meant regarding adam's bipolar, chaotic, gut-wrenching opinion changes from post to post.

I guess it also explains why you don't know my own position. I'm on record as saying recently here that BU was a distraction and the real issue was miner obstruction of segwit. I just couldn't understand why that was happening. Now we know and I feel the world is rational once again

I'm hesitant to predict the future. I'm of the opinion that a miner found a competitive advantage and used it for a long time. Nothing wrong there (leaving out politics, patent rights etc). I'm sure that the next few weeks will provide lots of interesting reading about the possible ways forward. I can't see why any miner would stop using that advantage while he can, but otoh it can't be allowed to stop bitcoin protocol innovations. Interesting times ahead...

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

Quote from: gembitz on April 06, 2017, 01:35:48 AM

Quote from: Elwar on April 06, 2017, 12:59:59 AM

Quote from: Elwar on April 06, 2017, 12:59:59 AM

I don't really care which upgrade goes through as long as it goes smoothly (though I would really like to see Lightning Network go through) but seeing Litecoin double in price due to the likelihood of Segwit going through makes me want to see the same thing happen to bitcoin's price.

Make it so.

^Poon is a ninny! :-D i don't see the future of bitcoin based on LN adoption..not at all lulz

I just want to be able to run a LN node and make money from my CPU and network connection.

Kinda like what was promised by a certain cryptocurrency back in the day.

LN is for cops! Shocked

~traceable transactions ..trouble closing out old channels hmm

You mean, like every transaction is on a public ledger? LN is as private as the network you choose to join. The market will be able to provide the amount of privacy you need.

LN and other offchain schemes help law enforcement trace "bad actors" and identify participants :\

Source?

gembitz

hero member

Activity: 1848

Merit: 640

*Brute force will solve any Bitcoin problem*

Quote from: Killerpotleaf on April 06, 2017, 12:58:01 AM

I don't really care which upgrade goes through as long as it goes smoothly (though I would really like to see Lightning Network go through) but seeing Litecoin double in price due to the likelihood of Segwit going through makes me want to see the same thing happen to bitcoin's price.

Make it so.

^Poon is a ninny! :-D i don't see the future of bitcoin based on LN adoption..not at all lulz

I just want to be able to run a LN node and make money from my CPU and network connection.

Kinda like what was promised by a certain cryptocurrency back in the day.

LN is for cops! Shocked

~traceable transactions ..trouble closing out old channels hmm

You mean, like every transaction is on a public ledger? LN is as private as the network you choose to join. The market will be able to provide the amount of privacy you need.

LN and other offchain schemes help law enforcement trace "bad actors" and identify participants :\

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

I don't really care which upgrade goes through as long as it goes smoothly (though I would really like to see Lightning Network go through) but seeing Litecoin double in price due to the likelihood of Segwit going through makes me want to see the same thing happen to bitcoin's price.

Make it so.

^Poon is a ninny! :-D i don't see the future of bitcoin based on LN adoption..not at all lulz

I just want to be able to run a LN node and make money from my CPU and network connection.

Kinda like what was promised by a certain cryptocurrency back in the day.

my gut tells you wont be able to run a LN node.

this is will be up to places like Stamps, Bitpay, Blockstream, etc to implement hubs.

besides the ridiculous programing expertise that will be required to set up hubs ( because "beta software" )

I bet the amount of bandwidth/CPU required to download/verify the nearly infinite number of highly complex BTC TX, will require a datacenter like setup.

your only hope for LN is to run a highly confusing UI which will allow you to send and receive money, but you gotta make sure to WATCH YOUR CHANNEL or you'll get fucked by the LN trolls!

discimaler: I'm 51% sure my above statements are somewhat inaccurate .

The Eclair LN client (currently in alpha on the Testnet) looks as easy to use as early Bitcoin clients.

https://www.youtube.com/watch?v=gRzpr_QW_2w

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

I don't really care which upgrade goes through as long as it goes smoothly (though I would really like to see Lightning Network go through) but seeing Litecoin double in price due to the likelihood of Segwit going through makes me want to see the same thing happen to bitcoin's price.

Make it so.

^Poon is a ninny! :-D i don't see the future of bitcoin based on LN adoption..not at all lulz

I just want to be able to run a LN node and make money from my CPU and network connection.

Kinda like what was promised by a certain cryptocurrency back in the day.

LN is for cops! Shocked

~traceable transactions ..trouble closing out old channels hmm

You mean, like every transaction is on a public ledger? LN is as private as the network you choose to join. The market will be able to provide the amount of privacy you need.

Killerpotleaf

sr. member

Activity: 812

Merit: 250

A Blockchain Mobile Operator With Token Rewards

I don't really care which upgrade goes through as long as it goes smoothly (though I would really like to see Lightning Network go through) but seeing Litecoin double in price due to the likelihood of Segwit going through makes me want to see the same thing happen to bitcoin's price.

Make it so.

^Poon is a ninny! :-D i don't see the future of bitcoin based on LN adoption..not at all lulz

I just want to be able to run a LN node and make money from my CPU and network connection.

Kinda like what was promised by a certain cryptocurrency back in the day.

my gut tells you wont be able to run a LN node.

this is will be up to places like Stamps, Bitpay, Blockstream, etc to implement hubs.

besides the ridiculous programing expertise that will be required to set up hubs ( because "beta software" )

I bet the amount of bandwidth/CPU required to download/verify the nearly infinite number of highly complex BTC TX, will require a datacenter like setup.

your only hope for LN is to run a highly confusing UI which will allow you to send and receive money, but you gotta make sure to WATCH YOUR CHANNEL or you'll get fucked by the LN trolls!

discimaler: I'm 51% sure my above statements are somewhat inaccurate .

gembitz

hero member

Activity: 1848

Merit: 640

*Brute force will solve any Bitcoin problem*

I don't really care which upgrade goes through as long as it goes smoothly (though I would really like to see Lightning Network go through) but seeing Litecoin double in price due to the likelihood of Segwit going through makes me want to see the same thing happen to bitcoin's price.

Make it so.

^Poon is a ninny! :-D i don't see the future of bitcoin based on LN adoption..not at all lulz

I just want to be able to run a LN node and make money from my CPU and network connection.

Kinda like what was promised by a certain cryptocurrency back in the day.

LN is for cops! Shocked

~traceable transactions ..trouble closing out old channels hmm

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

Quote from: orpington on April 06, 2017, 12:41:35 AM

I don't really care which upgrade goes through as long as it goes smoothly (though I would really like to see Lightning Network go through) but seeing Litecoin double in price due to the likelihood of Segwit going through makes me want to see the same thing happen to bitcoin's price.

Make it so.

^Poon is a ninny! :-D i don't see the future of bitcoin based on LN adoption..not at all lulz

I just want to be able to run a LN node and make money from my CPU and network connection.

Kinda like what was promised by a certain cryptocurrency back in the day.

gembitz

hero member

Activity: 1848

Merit: 640

*Brute force will solve any Bitcoin problem*

Quote from: JayJuanGee on April 06, 2017, 12:29:46 AM

Quote from: harrymmmm on April 05, 2017, 11:58:41 PM

Quote from: JayJuanGee on April 05, 2017, 10:03:00 PM

Quote from: Killerpotleaf on April 05, 2017, 09:50:40 PM

FINALLY segwit will burn and we will have BIGGER BLOCKS

[http://m.memegen.com/szcxil.jpg[/img]

Are you referring to any recent news in particular, or just communicating a pure wish? hahahahaha

Haha.
'Past Performance Is No Guarantee of Future Results' and 'high volatility' is very applicable to adam's posts. IOW, a real bitcoiner.
Roll Eyes

I'm not sure if I understand your post or your position about this whole question regarding the short to medium prognosis for bitcoin?

I personally believe that in the end, some variation of the core's vision is going to prevail, and surely I hope that it includes some kind of incorporation of segwit - but even if seg wit does not get incorporated in the coming years, bitcoin still is in a decent place in terms of storage of value and security and various kinds of ways to control your own wealth from capital controls and even some kinds of abilities to do quasi-anonymous transactions in a pretty secure way.

The BU people are just sad to see the writing on the wall and to understand that they were just useful idiots after all.

Jihan was basically their knight in shining armor and now he is the fallen one.

^Jihan for president of Unlimited!!! weeeee :-D lol

gembitz

hero member

Activity: 1848

Merit: 640

*Brute force will solve any Bitcoin problem*