Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19101.

shmadz

legendary

Activity: 1512

Merit: 1000

@theshmadz

Quote from: Dotto on March 05, 2016, 09:31:22 AM

Monero, ETH and Maid are not in a pump and dump phase, they are just growing to next level. Im like 20 days waiting for a retracement to enter but no way... I really want to hear your thoughts to this issue, from a BTC wall observer point of view, as pure eth/maid threads would be too biased and eco chambered to his own coins.

The big/small blockers debate is totally burnout and 2014-15, lets move, evolve, adapt and grow

Agreed. Anyone still worried about block size or "scaling bitcoin" is simply not diversified enough.

Any one of those projects could fail, nothing is certain, which is why you hear about eggs and baskets and all that.

barbs

hero member

Activity: 854

Merit: 1000

wtf is going on??

why are you asking?

by some miracle a huge bid sum and walls at 370ish show up and price gets pumped, what do you think happens next?

You think people like depositing a few million $USD onto exchanges and get no return on that?

It's the same thing that happens every time - screw people over for their USD and bitcoins by fanning their hope

L0uis

full member

Activity: 141

Merit: 100

and line touched, make or break?

Tzupy

legendary

Activity: 2170

Merit: 1094

Quote from: Tzupy on March 04, 2016, 12:45:10 PM

12h MACD is about to cross into negative. Last time this happened price dropped from 430$ to 350$.

Yesterday I warned about the possible crash, but Adam was still seeing triple bottoms... Roll Eyes

ZyclonRacerX

member

Activity: 66

Merit: 10

Quote from: adamstgBit on March 05, 2016, 09:46:33 AM

holy shit wtf is going on?

We're downsizing.

nanobrain

legendary

Activity: 1008

Merit: 1000

Dumb broad

whoa

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

holy shit wtf is going on?

ahpku

sr. member

Activity: 294

Merit: 250

Down and down she goes, where she stops, nobody knows Cry

Divitiae miserae

full member

Activity: 188

Merit: 100

Core developers are a bunch of hopeless cretins.
I just need this shitcoin to hold a little more so that I can conclude my affairs in the shitcountry that is Venezuela.

BitconAssociation

newbie

Activity: 42

Merit: 0

Yea, though I walk through the valley of the shadow of death, I will fear no evil: for thou art with me; thy rod and thy staff they comfort me.

UnDerDoG81

legendary

Activity: 2184

Merit: 1213

This is the first time after 2 years of holding that I am happy that BTC goes down, sold 10% @415 Grin

Will buy back @375

8up

hero member

Activity: 618

Merit: 500

Quote from: Dotto on March 05, 2016, 09:31:22 AM

Monero, ETH and Maid are not in a pump and dump phase, they are just growing to next level. Im like 20 days waiting for a retracement to enter but no way... I really want to hear your thoughts to this issue, from a BTC wall observer point of view, as pure eth/maid threadt would be too biased and eco chambered to his own coins.

The big/small blockers debate is totally burnout and 2014-15, lets move, evolve, adapt and grow

The ecosystem was always right on track for a new bubble. Despite my expectation, it just won't happen in Bitcoin. I am expecting the ecosystem to be worth 45+ billion at the years end. Bitcoin may be worth 5 to 15 billion then.

We will see winners and losers. There will be drama ahead.

inca

legendary

Activity: 1176

Merit: 1000

Dive, dive, dive! Angry

Dotto

legendary

Activity: 981

Merit: 1005

No maps for these territories

And... 400 broken

Dotto

legendary

Activity: 981

Merit: 1005

No maps for these territories

Monero, ETH and Maid are not in a pump and dump phase, they are just growing to next level. Im like 20 days waiting for a retracement to enter but no way... I really want to hear your thoughts to this issue, from a BTC wall observer point of view, as pure eth/maid threads would be too biased and eco chambered to his own coins.

The big/small blockers debate is totally burnout and 2014-15, lets move, evolve, adapt and grow

ahpku

sr. member

Activity: 294

Merit: 250

Quote from: AlexGR on March 05, 2016, 09:06:50 AM

Quote from: ahpku on March 05, 2016, 09:01:22 AM

Quote from: AlexGR on March 05, 2016, 08:53:32 AM

Quote from: ahpku on March 05, 2016, 08:50:05 AM

Quote from: AlexGR on March 05, 2016, 08:45:13 AM

Quote from: ahpku on March 05, 2016, 08:36:48 AM

I'm not talking to Core devs now, I'm talking to you -- a Core supporter who claims that blocksize shouldn't be increased, because fees market.

I don't run things, so my opinion is irrelevant.

Should have opened with that, limiting me to a single, terse reply:
Then why post?

You asked me *my* opinion and I wrote it.

I asked you to logically reconcile the arguments you've used to support Core, the ones that are mutually exclusive.
That is, if you accept the law of universal noncontradiction, which is the very fundament of classical logic.
I have never asked you for your opinions -- those you've offered unprompted.

There is nothing contradictory. You start with the hypothesis that I don't want blocks increased or that I am a core supporter.

Because you have consistently defended Core & attacked Classic, going as far as to suggest that Classic is an attack on Bitcoin,
"Because the issues here are not technical. They have the facade of technical disagreements but at their root, they are a way to undermine confidence and promote a governance coup."

But I guess you're not a core supporter, pushing for 8c fees & 2MB blocks instead. Surprised you didn't lead with that.
P.S. Considering what you wish to see happen, I suggest you consider Classic. While Classic is not imposing a minimal tx fee, it's offering to raise the blocksize limit to 2MB. 1 out of 2 ain't bad.
Core, OTOH, is neither willing to give you 2MB (not 'til '17, and then maybe), nor the 8c min tx fee

AlexGR

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Activity: 1708

Merit: 1049

Quote from: ahpku on March 05, 2016, 09:01:22 AM

Quote from: AlexGR on March 05, 2016, 08:53:32 AM

Quote from: ahpku on March 05, 2016, 08:50:05 AM

Quote from: AlexGR on March 05, 2016, 08:45:13 AM

Quote from: ahpku on March 05, 2016, 08:36:48 AM

I'm not talking to Core devs now, I'm talking to you -- a Core supporter who claims that blocksize shouldn't be increased, because fees market.

I don't run things, so my opinion is irrelevant.

Should have opened with that, limiting me to a single, terse reply:
Then why post?

You asked me *my* opinion and I wrote it.

I asked you to logically reconcile the arguments you've used to support Core, the ones that are mutually exclusive.
That is, if you accept the law of universal noncontradiction, which is the very fundament of classical logic.
I have never asked you for your opinions -- those you've offered unprompted.

There is nothing contradictory. You start with the hypothesis that I don't want blocks increased or that I am a core supporter.

If I am a "core" supporter, then I must, by necessity, support the 1.7mb segwit proposal as a short-term upgrade. So how can it be that I'm in favor of non block increase?

If I am a "classic" supporter, the same for 2mb.

What I've often wrote, and perhaps you haven't seen it, is that I'm not opposed to larger blocks. I'm opposed to the abuse blocks are getting (whether 1mb-2mb-4mb etc). More size = more abuse. Cheaper fees = cheaper abuse. These things go hand in hand and are open attack vectors.

So give more size but increase fees. Alternatively, go conservative with blockchain increases, gradually making fees more expensive as the market itself evicts dust/spam.

inca

legendary

Activity: 1176

Merit: 1000

Quote from: Tzupy on March 05, 2016, 08:34:27 AM

Quote from: barbs on March 05, 2016, 07:33:29 AM

Anyone buying bitcoins at ~~400$+~~ 320$+ is irresponsibile and deserves to lose their money.

FTFY

For once you may be right Wink

Be under absolutely no doubt that the only reason value is billowing out of bitcoin into other chains right now is that bitcoin is frozen and unable to scale because of deliberate inaction with the Core client programmers.

The value proposition for bitcoin is based upon existing and future investors/users believing in future growth for the currency. With a frozen network with a transaction cap (wtf) forced arbitrarily into creation there is no incentive for money to flow to bitcoin anymore.

The market always finds a solution and often not one that you would like. It has tried several times to oust Core with XT and now Classic. If the miners to not wake the fuck up then very soon the process of value transfer between the bitcoin and alternative blockchains will gather pace and become a tidal wave from which there will be no return.

EDIT: oh and don't waste your time with alex gorale. To still be supporting the absurd economic position held by the Core client even while bitcoin value evaporates tells you all you need to know about his intelligence and critical thinking.

ahpku

sr. member

Activity: 294

Merit: 250

Quote from: AlexGR on March 05, 2016, 08:53:32 AM

Quote from: ahpku on March 05, 2016, 08:50:05 AM

Quote from: AlexGR on March 05, 2016, 08:45:13 AM

Quote from: ahpku on March 05, 2016, 08:36:48 AM

I'm not talking to Core devs now, I'm talking to you -- a Core supporter who claims that blocksize shouldn't be increased, because fees market.

I don't run things, so my opinion is irrelevant.

Should have opened with that, limiting me to a single, terse reply:
Then why post?

You asked me *my* opinion and I wrote it.

I asked you to logically reconcile the arguments you've used to support Core, the ones that are mutually exclusive.
That is, if you accept the law of universal noncontradiction, which is the very fundament of classical logic.
I have never asked you for your opinions -- those you've offered unprompted.

ChartBuddy

legendary

Activity: 2380

Merit: 1823