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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18641. (Read 26706943 times)

hero member
Activity: 1876
Merit: 612
Plant 1xTree for each Satoshi earned!
The West feels bullish, and follows China like a clueless puppy! But China lately seems to drive a hard bargain.

The West with calm and tact in their submarine, awaits that order from the president with the nuclear launch codes to release the impatient rockets.
full member
Activity: 238
Merit: 100

If we have no external problems and BTC can just hush along as it pleases i expect this rally to be lasting a while. Nevertheless if the blocksize fight escalates again in July it might be the end of this bullish cycle.

I hope that Luke, Adam and Matt will fulfill their promise and deliver the HF code, otherwise we could see some ugly High Noon between chinese miners and Core and you can bet that markets won't like that.

https://www.reddit.com/r/btc/comments/4o2nii/please_bring_a_message_to_those_core_individuals/
Antpool is mining ...7kb blocks.

https://blockchain.info/block-height/416287
Found 35 seconds after previous block.

Found 92 seconds after previous block.

Found 23 seconds after previous block.

An expert like you should really know about why these happen by now.

Oh, you're just using it as propaganda against the guy who is calling Maxwell's bluff on the 2017 HF.... carry on then.

Others were closer than ...92 seconds but were still 1mb.

416265 (Main Chain)   2016-06-14 11:32:20   Slush      998.17
416264 (Main Chain)   2016-06-14 11:31:45   BTCC Pool      996.18

416272 (Main Chain)   2016-06-14 12:49:47   F2Pool      999.94
416271 (Main Chain)   2016-06-14 12:49:03   F2Pool      999.89

416309 (Main Chain)   2016-06-14 19:42:41   HaoBTC      997.42
416308 (Main Chain)   2016-06-14 19:42:12   AntPool      998.07

416313 (Main Chain)   2016-06-14 20:17:16   F2Pool      1,000
416312 (Main Chain)   2016-06-14 20:15:43   F2Pool   999.72


...so... there you have it.

Btw, the argument is not in your favor: If there are propagation issues even with 1mb that prevent miners from mining txs, then we either need a much better propagation system, much faster verifications or ....smaller blocks... Bigger blocks without altering the other components doesn't compute.

The decision of whether or not to risk an orphan that soon after a found block is up to the individual miner, doesn't bother me in the slightest. I also wouldn't care if miners individually decided to use 750 kB as their maximum size. My problem is with Blockstream using the 1 MB max as a tool for central economic planning.

Honestly, I'm caring less and less about it these days tho. Bitcoin doesn't have a monopoly on cryptographic value transfer and it will be cathartic to see Blockstream and their enablers (that's you) learn that the hard way.  Kiss

hero member
Activity: 1876
Merit: 612
Plant 1xTree for each Satoshi earned!
"a few million satoshis" ... that seems to become a norm and not sound like an aberration when said out loud.  Cheesy

Aren't most of us satoshi multi-billionaires?

 Cheesy

Are you fishing to find out if I'm a trillionaire?  Roll Eyes



I think we might see a second drop tomorrow.

My astrologist told me to feel confident in the power of making money no matter the weather! ... Does that advice applies to you as well?  Cheesy
legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor

If we have no external problems and BTC can just hush along as it pleases i expect this rally to be lasting a while. Nevertheless if the blocksize fight escalates again in July it might be the end of this bullish cycle.

I hope that Luke, Adam and Matt will fulfill their promise and deliver the HF code, otherwise we could see some ugly High Noon between chinese miners and Core and you can bet that markets won't like that.

https://www.reddit.com/r/btc/comments/4o2nii/please_bring_a_message_to_those_core_individuals/

I agree with what you said, but I believe in the core devs. and I respect their words, I nearly take their words forgranted.

I believe in the sanity of chinese miners, if prices are as pleasant as they are right now, i expect them to back down a little cause they know about the devastating PR-effects of such a showdown (including a fork, change of Hash and so on and on). In a way the rise in price keeps the problem at bay cause everybody is happy. At least i hope so.

I like your sanity as well Smiley
legendary
Activity: 1708
Merit: 1049

If we have no external problems and BTC can just hush along as it pleases i expect this rally to be lasting a while. Nevertheless if the blocksize fight escalates again in July it might be the end of this bullish cycle.

I hope that Luke, Adam and Matt will fulfill their promise and deliver the HF code, otherwise we could see some ugly High Noon between chinese miners and Core and you can bet that markets won't like that.

https://www.reddit.com/r/btc/comments/4o2nii/please_bring_a_message_to_those_core_individuals/
Antpool is mining ...7kb blocks.

https://blockchain.info/block-height/416287
Found 35 seconds after previous block.

Found 92 seconds after previous block.

Found 23 seconds after previous block.

An expert like you should really know about why these happen by now.

Oh, you're just using it as propaganda against the guy who is calling Maxwell's bluff on the 2017 HF.... carry on then.

Others were closer than ...92 seconds but were still 1mb.

416265 (Main Chain)   2016-06-14 11:32:20   Slush      998.17
416264 (Main Chain)   2016-06-14 11:31:45   BTCC Pool      996.18

416272 (Main Chain)   2016-06-14 12:49:47   F2Pool      999.94
416271 (Main Chain)   2016-06-14 12:49:03   F2Pool      999.89

416309 (Main Chain)   2016-06-14 19:42:41   HaoBTC      997.42
416308 (Main Chain)   2016-06-14 19:42:12   AntPool      998.07

416313 (Main Chain)   2016-06-14 20:17:16   F2Pool      1,000
416312 (Main Chain)   2016-06-14 20:15:43   F2Pool   999.72


...so... there you have it.

Btw, the argument is not in your favor: If there are propagation issues even with 1mb that prevent miners from mining txs, then we either need a much better propagation system, much faster verifications or ....smaller blocks... Bigger blocks without altering the other components doesn't compute.
legendary
Activity: 1624
Merit: 1008
buying now is like banging two hotties in your living room, while your wife is out shopping for an undertermined amount of time.

DANGEROUS and FUN!

 Grin


Buying anywhere in the $600s is probably not a bad entry point for BTC newbies for the coming months.  

Sure, we could go to $580 or so, but the trend definitely seems up, and even going into the lower $600s, such as in the $620s doesn't seem too likely in the near term.  In other words, I think that it is more likely from here that we hit $750 before we hit $610... then that is the big test in the $750 to $850 price range.  If we go above $850, it is likely all over BAAAAAAMMMM... $3k plus...  On the other hand, after entering into the $750 to $850 range, we could have a bit of a price battle, and then sub $600 prices could then again become reasonable expectations, if the bears win that battle in the short run...

I think that a lot of us BTC holders are feeling good at the moment, no matter which way this price thing goes, because we should be able to take some profits in this current price range (if we want), while still having some potential to stack up some bitcoins in order to prepare for the reasonably feasible (but not guaranteed) path upwards.

the bearish case:

weak hands are holding profitable trades, they are likely to exit their position prematurely. poeple get nervous during a correction and start taking profit as it drops, at 620 they are still profitable + they are nervous as hell; 700 to 620 is one hell of a drop, and that'll make most poeple sick... they will DUMP and take profits at 620 in a panic, so we might see 599 briefly and then go back up as this false sense of panic dies down and the weak hands have been shaken out.

but seeing how 599$ is a bit of a pipedream ( are we Actually going to see a bunch of newbie take profit in a panic? probably not... newbies got POWN 3 months ago ) .... 600's is a Gr8! entry point.

Confirmed!!!  Cheap Coins!!!
full member
Activity: 238
Merit: 100

If we have no external problems and BTC can just hush along as it pleases i expect this rally to be lasting a while. Nevertheless if the blocksize fight escalates again in July it might be the end of this bullish cycle.

I hope that Luke, Adam and Matt will fulfill their promise and deliver the HF code, otherwise we could see some ugly High Noon between chinese miners and Core and you can bet that markets won't like that.

https://www.reddit.com/r/btc/comments/4o2nii/please_bring_a_message_to_those_core_individuals/
Antpool is mining ...7kb blocks.

https://blockchain.info/block-height/416287
Found 35 seconds after previous block.

Found 92 seconds after previous block.

Found 23 seconds after previous block.



An expert like you should really know about why these happen by now.

Oh, you're just using it as propaganda against the guy who is calling Maxwell's bluff on the 2017 HF.... carry on then.
full member
Activity: 242
Merit: 100
Extended Reality Advertising

If we have no external problems and BTC can just hush along as it pleases i expect this rally to be lasting a while. Nevertheless if the blocksize fight escalates again in July it might be the end of this bullish cycle.

I hope that Luke, Adam and Matt will fulfill their promise and deliver the HF code, otherwise we could see some ugly High Noon between chinese miners and Core and you can bet that markets won't like that.

https://www.reddit.com/r/btc/comments/4o2nii/please_bring_a_message_to_those_core_individuals/

I agree with what you said, but I believe in the core devs. and I respect their words, I nearly take their words forgranted.

I believe in the sanity of chinese miners, if prices are as pleasant as they are right now, i expect them to back down a little cause they know about the devastating PR-effects of such a showdown (including a fork, change of Hash and so on and on). In a way the rise in price keeps the problem at bay cause everybody is happy. At least i hope so.

Part of the BTC centralization problem is the aspect that nobody outside China can make deep changes to the Bitcoin network. Last time I checked, they still like their block sizes, small.

I am afraid BTC price will remain the same way, too.
ImI
legendary
Activity: 1946
Merit: 1019

If we have no external problems and BTC can just hush along as it pleases i expect this rally to be lasting a while. Nevertheless if the blocksize fight escalates again in July it might be the end of this bullish cycle.

I hope that Luke, Adam and Matt will fulfill their promise and deliver the HF code, otherwise we could see some ugly High Noon between chinese miners and Core and you can bet that markets won't like that.

https://www.reddit.com/r/btc/comments/4o2nii/please_bring_a_message_to_those_core_individuals/

I agree with what you said, but I believe in the core devs. and I respect their words, I nearly take their words forgranted.

I believe in the sanity of chinese miners, if prices are as pleasant as they are right now, i expect them to back down a little cause they know about the devastating PR-effects of such a showdown (including a fork, change of Hash and so on and on). In a way the rise in price keeps the problem at bay cause everybody is happy. At least i hope so.
legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor

If we have no external problems and BTC can just hush along as it pleases i expect this rally to be lasting a while. Nevertheless if the blocksize fight escalates again in July it might be the end of this bullish cycle.

I hope that Luke, Adam and Matt will fulfill their promise and deliver the HF code, otherwise we could see some ugly High Noon between chinese miners and Core and you can bet that markets won't like that.

https://www.reddit.com/r/btc/comments/4o2nii/please_bring_a_message_to_those_core_individuals/

I agree with what you said, but I believe in the core devs. and I respect their words, I nearly take their words forgranted.
legendary
Activity: 1708
Merit: 1049

If we have no external problems and BTC can just hush along as it pleases i expect this rally to be lasting a while. Nevertheless if the blocksize fight escalates again in July it might be the end of this bullish cycle.

I hope that Luke, Adam and Matt will fulfill their promise and deliver the HF code, otherwise we could see some ugly High Noon between chinese miners and Core and you can bet that markets won't like that.

https://www.reddit.com/r/btc/comments/4o2nii/please_bring_a_message_to_those_core_individuals/


Antpool is mining ...7kb blocks.

https://blockchain.info/block-height/416287
https://blockchain.info/block-height/416298
https://blockchain.info/block-height/416302
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
I think we might see a second drop tomorrow.

I think we might see a second day of sideways tomorrow.
ImI
legendary
Activity: 1946
Merit: 1019

If we have no external problems and BTC can just hush along as it pleases i expect this rally to be lasting a while. Nevertheless if the blocksize fight escalates again in July it might be the end of this bullish cycle.

I hope that Luke, Adam and Matt will fulfill their promise and deliver the HF code, otherwise we could see some ugly High Noon between chinese miners and Core and you can bet that markets won't like that.

https://www.reddit.com/r/btc/comments/4o2nii/please_bring_a_message_to_those_core_individuals/
legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
I think we might see a second drop tomorrow.

Why ?
We went up really fast, and this correction was quite mild.  Leverage longs are still quite high. I might be wrong though.

Actually I don't find you wrong, I need a correction to sustain a healthy growth.
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
I think we might see a second drop tomorrow.

Why ?
We went up really fast, and this correction was quite mild.  Leverage longs are still quite high. I might be wrong though.
legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
I think we might see a second drop tomorrow.
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
"a few million satoshis" ... that seems to become a norm and not sound like an aberration when said out loud.  Cheesy

Aren't most of us satoshi multi-billionaires?

 Cheesy
hero member
Activity: 1876
Merit: 612
Plant 1xTree for each Satoshi earned!
Sideways is okay after a weekend of excellent rally but we still have 3 hours to get the daily candle back in the green.

Buy, buy, buy.

Disclaimer: I can't buy any coins right now myself because I'm down to less than $500 pocket fiat. I almost sold a few million satoshis when we were over $700 to tide me over, but luckily I ran into someone who owed me some scratch so I didn't have to. Besides that, it's been almost a month since we've had a dip worth buying.



"a few million satoshis" ... that seems to become a norm and not sound like an aberration when said out loud.  Cheesy
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