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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17551. (Read 26713499 times)

full member
Activity: 280
Merit: 100
Wow, about 15 pages added to the thread since I left last night.

Without looking I would guess that they were all filled with blocksize spammers.

Do you prefer reading 15 pages of nlc beanie bs spammers?
legendary
Activity: 992
Merit: 1000
Blocksize was never meant to be some resource that could be controlled by anybody.

Let Bitcoin scale already.

Make Bitcoin Great Again!
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
i hope you guys make up your minds this time bitcoin .



It figures that a goofball like you would come back in times like these with some over generalizations attempting to suggest that bitcoin is something other than it is. 

Contrary to your assertion, there is no "you guys" making decisions about bitcoin and its direction... that is part of the significance of some kind of phenomenon that is considerably decentralized.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
this morning i was wondering how many more times this process of "FUD, dump, more FUD, buy back cheap coins, rise" can be repeated and how smaller the swings are going to get!

just some food for thought.
legendary
Activity: 1764
Merit: 1031
Well, not sure about USD prices but it looks like BTC will soon get a bump against Sterling.

Brexit anticipated weakness is already in the price for sterling, certainly cable I think has a fair chance to be neutral to positive this year.  Dollar has its own news and dynamics vs world trade, obviously brexit is stated a reference to the current changes passing in USA for its trade agreements.    
Overall the trend for sterling is negative for some years now, long before Brexit.  Fiscal and trade deficit but vs dollar it may stay quite level.

BTC in CNY I think has held a lower point and is not negative.  I think its showing neutral action and may hold till news effects it further.

Dollar strength has come off some as less rate rises are seen likely.  $1060 and above is more positive action if it can hold that but overall it looks less positive then the CNY charts I see.  It'd be good to see if Dollar index shows weakness does this help the price for bitcoin

True, but there is ALWAYS the knee-jerk reaction. http://www.bbc.co.uk/news/live/business-39306336
Twitchy traders in forex as well as BTC.
legendary
Activity: 854
Merit: 1000
You guys read your posts before you post them. You are still talking about giving up control of the blocksize.
No need to analyze that once more. Ain't happening.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Wow, about 15 pages added to the thread since I left last night.

Without looking I would guess that they were all filled with blocksize spammers.
legendary
Activity: 3794
Merit: 5474

https://www.reddit.com/r/Bitcoin/comments/60gem4/jihan_wus_latest_weibo_post_looks_like_an_offer/

Jihan willing to talk is a GREAT sign! I really believe once he folds the scaling debate will start coming to a conclusion. The fact that he admits that he finds 2nd layer solutions a threat is telling, but he will realize that he cannot force the rest of the community to hold back on achievements to benefit the miners. A prosperous $2K+ bitcoin is much better for him than half a bitcoin with less users

a workable compromise being reached would be a monumental achievement.
and price would need to reflect that.

givin up control of blocksize, and in turn getting SF-Segwit, would be the best thing that ever happened to bitcoin.

TBH, when I read that I was kinda like:

sr. member
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards

https://www.reddit.com/r/Bitcoin/comments/60gem4/jihan_wus_latest_weibo_post_looks_like_an_offer/

Jihan willing to talk is a GREAT sign! I really believe once he folds the scaling debate will start coming to a conclusion. The fact that he admits that he finds 2nd layer solutions a threat is telling, but he will realize that he cannot force the rest of the community to hold back on achievements to benefit the miners. A prosperous $2K+ bitcoin is much better for him than half a bitcoin with less users

a workable compromise being reached would be a monumental achievement.
and price would need to reflect that.

givin up control of blocksize, and in turn getting SF-Segwit, would be the best thing that ever happened to bitcoin.
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
Another good morning Bircoinland.

Still in 3 digits... currently $1046USD (Bitcoinaverage).

Are we ready to quit worrying about Jihan's hard fork threats and move on?

A little bluffing might work sometimes but if it leads to a Mexican standoff with a Reservoir Dogs ending, it won't do anyone any good, Jihan included. Surely he's smart enough to see that.
STT
legendary
Activity: 4102
Merit: 1454
Quote
Without translating the entire article, it frames the hard fork conflict purely as a battle for transaction fees, and claims miners will never allow 2nd layer protocols to undermine their revenue stream. It barely mentions block siz

I cant read the original but if this is correct, I dont think its an unreasonable point of view.   A business will protect its revenue, why would we ever believe otherwise.   If he thinks your fork will take away business and income then its not likely you will find support there.

Is bitcoin about capitalism, because thats how it works and maybe that is what determines the fork.   I may have read it wrong, Im still not clear how this will proceed really Undecided

Quote
he will realize that he cannot force the rest of the community to hold back on achievements to benefit the miners
Where does the force lie, that is the big question.   The silent majority is full of surprises
sr. member
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
maybe you should try to take a more objective view, and realize that asking everyone to bank on an unproven concept is not a viable way forward at this point.

Wait... I thought you were a BU supporter? What happened?

LOL i knew someone would point this out  Cheesy
idk i feel EC is not a far cry from what we have now.
in a way EC is a built-in feature of bitcoin always has been, the signaling and UI, BU provides is just a convenience...
i support both EC and segwit, but dislike sig discount and block weight.
i want to see LN before i commit to it.
and seeing how inevitably LN will require big blocks,
i see very little reason to not go ahead and have a good mechanism for controlling blocksize right now.
legendary
Activity: 3620
Merit: 4813
https://www.reddit.com/r/Bitcoin/comments/60gem4/jihan_wus_latest_weibo_post_looks_like_an_offer/

Jihan willing to talk is a GREAT sign! I really believe once he folds the scaling debate will start coming to a conclusion. The fact that he admits that he finds 2nd layer solutions a threat is telling, but he will realize that he cannot force the rest of the community to hold back on achievements to benefit the miners. A prosperous $2K+ bitcoin is much better for him than half a bitcoin with less users

Thx for sharing Dafar!

Jihan is finished, this is his only solution to compromise. Bugs, BU=ALT-coin, no propper support and his raging from past weekend made him realize that his whole PR battle is ruined  Smiley


Jihad Jihan Wu is going down this week!

Well, that escalated fast... Cheesy
legendary
Activity: 854
Merit: 1000
https://www.reddit.com/r/Bitcoin/comments/60gem4/jihan_wus_latest_weibo_post_looks_like_an_offer/

Jihan willing to talk is a GREAT sign! I really believe once he folds the scaling debate will start coming to a conclusion. The fact that he admits that he finds 2nd layer solutions a threat is telling, but he will realize that he cannot force the rest of the community to hold back on achievements to benefit the miners. A prosperous $2K+ bitcoin is much better for him than half a bitcoin with less users

If he's asking me, I don't negotiate with blackmailers. Segwit node up and running and not going down.
STT
legendary
Activity: 4102
Merit: 1454
Well, not sure about USD prices but it looks like BTC will soon get a bump against Sterling.

Brexit anticipated weakness is already in the price for sterling, certainly cable I think has a fair chance to be neutral to positive this year.  Dollar has its own news and dynamics vs world trade, obviously brexit is stated a reference to the current changes passing in USA for its trade agreements.    
Overall the trend for sterling is negative for some years now, long before Brexit.  Fiscal and trade deficit but vs dollar it may stay quite level.

BTC in CNY I think has held a lower point and is not negative.  I think its showing neutral action and may hold till news effects it further.

Dollar strength has come off some as less rate rises are seen likely.  $1060 and above is more positive action if it can hold that but overall it looks less positive then the CNY charts I see.  It'd be good to see if Dollar index shows weakness does this help the price for bitcoin
legendary
Activity: 1092
Merit: 1000
i hope you guys make up your minds this time bitcoin .
legendary
Activity: 1120
Merit: 1012
maybe you should try to take a more objective view, and realize that asking everyone to bank on an unproven concept is not a viable way forward at this point.

Wait... I thought you were a BU supporter? What happened?
legendary
Activity: 1330
Merit: 1000
dafar consulting
https://www.reddit.com/r/Bitcoin/comments/60gem4/jihan_wus_latest_weibo_post_looks_like_an_offer/

Jihan willing to talk is a GREAT sign! I really believe once he folds the scaling debate will start coming to a conclusion. The fact that he admits that he finds 2nd layer solutions a threat is telling, but he will realize that he cannot force the rest of the community to hold back on achievements to benefit the miners. A prosperous $2K+ bitcoin is much better for him than half a bitcoin with less users
sr. member
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards

corrupt miner = "miners who do things that EVERYONE ELSE (users, exchanges, brokers, merchants, investors) in Bitcoin doesn't approve of."


miners wont signal somthing they dont believe in.

maybe you should try to take a more objective view, and realize that asking everyone to bank on an unproven concept is not a viable way forward at this point.

and "everyone else" is not the case in this case, OBVIOUSLY
legendary
Activity: 2268
Merit: 1278
corrupt miners
Define what a "corrupt miner" is. I hope you have something better than "miners who do things that I just don't approve of".

corrupt miner = "miners who do things that EVERYONE ELSE (users, exchanges, brokers, merchants, investors) in Bitcoin doesn't approve of."

You might then say, "yeah, well at that point people will just vote with their feet."

Not if the Bitcoin ecosystem is big enough. Everyone will be too invested in Bitcoin's success at that point. Give miners enough power and control, and it won't matter anymore.
Okay so basically the same thing. If the majority disapproves of whatever then it doesn't matter because they have the majority of the hashpower. It's a shit definition and in practice pretty worthless.

When faced with truth, you troll. 

You want miners to take over centralized control of Bitcoin, at the expense of the rest of the users in the ecosystem. Got it.

Fascist much?

Sorry Ibian, but when r0ach starts making more sense than you, you have to go to my ignore list.
You gave your opinion. I gave my opinion of your opinion. None of that is trolling. Not even your part, or so I choose to presume. If it's not too presumptuous.
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