Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18231.

savetherainforest

hero member

Activity: 1876

Merit: 612

Plant 1xTree for each Satoshi earned!

Quote from: silverfuture on September 28, 2016, 01:25:56 AM

Quote from: Fatman3001 on September 28, 2016, 12:37:33 AM

The JJG character is a real tour de force for NLC/BMB.

The dedication is very impressive.

I wasn't sure there for a while but he won my heart with steadfast determination and a ruthless penchant for mesmerising blocks of text.

I gave up long time ago with most of his "blocks of text." ... The guy is just insane, pure batsh!t crazy! ... I wish sometimes he had a bit of empathy to make his text more readable from the readers perspective. I can tell... because I write as a hobby and when reading other people's work... I tend to get inside their mind very quickly and that annoys me. And when it comes to JJG ... he writes most of his stuff from a self centered perspective. And that makes it hard to read... its like trying to listen to a song/track with/composed of blackboard/chalkboard screechings.

Altynbekova

sr. member

Activity: 476

Merit: 250

Hoping for the price to increase quick in oktober I think the prices will be going up by quite a lot looking at the past.
Staying around this grey area of 600 for a while now and no Idea where the next jump will be to.

silverfuture

legendary

Activity: 947

Merit: 1008

central banking = outdated protocol

Quote from: Fatman3001 on September 28, 2016, 12:37:33 AM

The JJG character is a real tour de force for NLC/BMB.

The dedication is very impressive.

I wasn't sure there for a while but he won my heart with steadfast determination and a ruthless penchant for mesmerising blocks of text.

Fatman3001

legendary

Activity: 1554

Merit: 1014

Make Bitcoin glow with ENIAC

The JJG character is a real tour de force for NLC/BMB.

The dedication is very impressive.

yefi

legendary

Activity: 2842

Merit: 1511

Going to lose some mountaineers on the arduous climb to 1000, but the sweeter the victory will be for those who persevere.

JayJuanGee

legendary

Activity: 3920

Merit: 11299

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

Quote from: Andre# on September 27, 2016, 02:30:09 PM

Quote from: Fatman3001 on September 26, 2016, 05:17:18 PM

Quote

Quote from: satoshi on October 03, 2010, 09:07:28 PM
We can phase in a change later if we get closer to needing it.

IMO it's a marketing thing. It's tough to get people to buy into a system, if the network is technically incapable of supporting high transaction rates.

https://bitcointalksearch.org/topic/m.15145

THIS

That thread still says it all. Some of my other favourite parts are

kiba:

Quote from: kiba on October 05, 2010, 08:09:04 PM

Since a block restriction would allow generators to charge higher transaction fees, they might "vote" against an increase in the max size in the future.

It seems unlikely to be a real problem though.

(How wrong appamatto turned out to be, as it IS a real problem)
https://bitcointalksearch.org/topic/m.17804

caveden:

Quote

I'm very uncomfortable with this block size limit rule. This is a "protocol-rule" (not a "client-rule"), what makes it almost impossible to change once you have enough different softwares running the protocol. Take SMTP as an example... it's unchangeable.

I think we should schedule a large increase in the block size limit right now while the protocol rules are easier to change.

Indeed, we should have.

You come up with interesting synopsis of what you deem to be relevant facts in order to support your weak ass conclusions suggesting that bitcoin is supposedly in some kind of an emergency and needs some kind of blocksize limit increase... it would be funny if it were not so lame, misleading and erroneous. Roll Eyes

Quote from: BitUsher on September 27, 2016, 03:39:58 PM

Quote from: Andre# on September 27, 2016, 02:30:09 PM

Indeed, we should have.

And we are, Segwit has already been released , activation code soon with 0.13.1 , and than 1-3 months till 95% over 2016 blocks. Done. Be happy.

This poster who goes by the username "Andre#" will unlikely be happy no matter what happens... He appears to selectively chose facts and to complain about a problem that does not exist as if the problem actually did exist.

JayJuanGee

legendary

Activity: 3920

Merit: 11299

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

Quote from: Hunyadi on September 27, 2016, 12:13:04 PM

Quote from: Hunyadi on September 27, 2016, 11:00:37 AM

Quote from: Hunyadi on September 27, 2016, 10:49:39 AM

Bitcoin Core tweeted something about Segwit. The tweet had Europe's Final Coundown link. After couple of minutes the tweet was deleted.

https://bitcoincore.org/en/meetings/2016/09/22/

The core meeting notes from 9/22/16 (contained in the last link) show apparent progress, no?

In essence, Seg wit is getting closer and closer to going live, and apparently version 0.13.0 went live on 8/23/16, and seg wit support is likely going to be contained within version 0.13.1

AlexGR

legendary

Activity: 1708

Merit: 1049

Diff seems to be increasing in quite big steps.

Difficulty History

Date   Difficulty   Change   Hash Rate
Sep 25 2016   241,227,200,230   6.82%   1,726,771,560 GH/s
Sep 12 2016   225,832,872,179   2.30%   1,616,574,667 GH/s
Aug 29 2016   220,755,908,330   1.56%   1,580,232,344 GH/s
Aug 15 2016   217,375,482,757   7.67%   1,556,034,316 GH/s
Aug 02 2016   201,893,210,853   -5.43%   1,445,207,896 GH/s
Jul 18 2016   213,492,501,108   0.04%   1,528,238,850 GH/s
Jul 04 2016   213,398,925,331   1.88%   1,527,569,009 GH/s
Jun 21 2016   209,453,158,595   6.83%   1,499,324,110 GH/s
Jun 08 2016   196,061,423,940   -1.63%   1,403,462,340 GH/s
May 24 2016   199,312,067,531   2.60%   1,426,731,353 GH/s
May 11 2016   194,254,820,283   8.73%   1,390,530,167 GH/s
Apr 28 2016   178,659,257,773   -0.01%   1,278,892,782 GH/s

Bitcoin Difficulty:   241,227,200,230
Estimated Next Difficulty:   259,869,959,857 (+7.73%)
Adjust time:   After 1599 Blocks, About 10.5 days
Hashrate(?):   1,985,788,007 GH/s

willope

sr. member

Activity: 366

Merit: 261

When you think downtrend finally ended. But then...

Torque

legendary

Activity: 3780

Merit: 5429

Here we go again? Bullish?

http://www.zerohedge.com/news/2016-09-27/deutsche-bank-stock-crashes-near-single-digits-cds-spike-record-highs

savetherainforest

hero member

Activity: 1876

Merit: 612

Plant 1xTree for each Satoshi earned!

Meuh6879

legendary

Activity: 1512

Merit: 1012

Bitcoin need more to move, my friend ...

BitUsher

legendary

Activity: 994

Merit: 1035

Quote from: Andre# on September 27, 2016, 02:30:09 PM

Indeed, we should have.

And we are, Segwit has already been released , activation code soon with 0.13.1 , and than 1-3 months till 95% over 2016 blocks. Done. Be happy.

Andre#

hero member

Activity: 737

Merit: 500

Quote from: Fatman3001 on September 26, 2016, 05:17:18 PM

Quote

Quote from: satoshi on October 03, 2010, 09:07:28 PM
We can phase in a change later if we get closer to needing it.

IMO it's a marketing thing. It's tough to get people to buy into a system, if the network is technically incapable of supporting high transaction rates.

https://bitcointalksearch.org/topic/m.15145

THIS

That thread still says it all. Some of my other favourite parts are

kiba:

Quote from: kiba on October 05, 2010, 08:09:04 PM

Since a block restriction would allow generators to charge higher transaction fees, they might "vote" against an increase in the max size in the future.

It seems unlikely to be a real problem though.

(How wrong appamatto turned out to be, as it IS a real problem)
https://bitcointalksearch.org/topic/m.17804

caveden:

Quote

I'm very uncomfortable with this block size limit rule. This is a "protocol-rule" (not a "client-rule"), what makes it almost impossible to change once you have enough different softwares running the protocol. Take SMTP as an example... it's unchangeable.

I think we should schedule a large increase in the block size limit right now while the protocol rules are easier to change.

Indeed, we should have.

mymenace

legendary

Activity: 1596

Merit: 1061

Smile

Quote from: Karartma1 on September 27, 2016, 12:40:47 PM

Quote from: JimboToronto on September 27, 2016, 11:14:56 AM

Good morning Bitcoinland.

As usual... $608 on Bitcoinaverage.

Consolidation can't last forever though. Will month end spark the next leg up?

I like to see green on my price ticker again.
I was thinking that, maybe, the next big thing could be Scaling Bitcoin in Milan: I think some price changes could happen during and after the event.

i believe the next big thing for bitocin could be the realisation from the public that the banks are using a bitcoin type currency come 2018, this would hopefully open eyes up to the choices they have

at the least though the finance industry admits bitcoin works by implementing blockchain software across all financial systems and nations...

Karartma1

legendary

Activity: 2310

Merit: 1422

Quote from: JimboToronto on September 27, 2016, 11:14:56 AM

Good morning Bitcoinland.

As usual... $608 on Bitcoinaverage.

Consolidation can't last forever though. Will month end spark the next leg up?

I like to see green on my price ticker again.
I was thinking that, maybe, the next big thing could be Scaling Bitcoin in Milan: I think some price changes could happen during and after the event.

Hunyadi

legendary

Activity: 1281

Merit: 1000