Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19194. (Read 26608835 times)

legendary
Activity: 1092
Merit: 1000
No more theft than a landlord charging you rent. Stop it with the entitled bullish, snowflake.  You live here, we keep it nice. You pay rent or GTFO.

>what are u a govy shill ??
If you only knew, Earthling, if you only knew...


just remember who pays your shilling wages ... we get the final say if our stolen money was well spent, however much you might like to blow it on spying and manipulating the public, we will get our dues, either by courts or hang-ropes


they are in their final acts of desperation with the 'negative interest rates' is federal reserve ammo and 'cashless society' is for anti-terrorism anti-laundering .. the reason they have to steal money is because they are a cheesy bankrupt govy that has no intelligence to figure out a better way .. because they are so far in debt and bankrupt after years of "trusting in god" for the federal reserve to manipulate everything is the reason why they have to steal from All of US. i have the same attitude, if they dont like the color of the sun they can GTFO ... people should be piling into gold and silver while it is manipulated lower by a govy that has no other choice but who are running out of physical metals to keep their game going as their 'interest to infinity' debt slavery system continues to FAIL. .......and..their #abusivehightaxes are playing a major role in why the economy was unable to get out of recession after all that QE and we are slowing down again as people cant make their car payments and car repos start to soar ... we are watching their 'interest to infinity' debt slavery system implode even as their shill turds talk trash to us about how they are justify their #abusivehightaxes as rent we owe them .
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
Just curious. Who of you is hedged in ETH?

Quote
[X] yes
[ ] no
[ ] no, but plan to
So because of current scaling issues, people will go to a currency that scales even worse?  No thanks, I ll pass on the hopium.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
8up
hero member
Activity: 618
Merit: 500
Just curious. Who of you is hedged in ETH?

Quote
[X] yes
[ ] no
[ ] no, but plan to
Stop it with your ETH pumping. So what if it went up 14% Shocked in the past 24hrs, what's your point?

There's no need for "pumping".






I really like the overflow analogy, because it describes best what actually happens. You can prove for yourself by simply comparing marketcaps of certain high profile coins to bitcoin.
legendary
Activity: 981
Merit: 1005
No maps for these territories
full member
Activity: 126
Merit: 100
Just curious. Who of you is hedged in ETH?

Quote
[X] yes
[ ] no
[ ] no, but plan to
Stop it with your ETH pumping. So what if it went up 14% Shocked in the past 24hrs, what's your point?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
8up
hero member
Activity: 618
Merit: 500
Just curious. Who of you is hedged in ETH?

Quote
[X] yes
[ ] no
[ ] no, but plan to
full member
Activity: 126
Merit: 100
So now blocks have room again?

I'm confused.

This is not hard to understand, sometimes they are full, sometimes not. Soon, they will be full all the time.

Yup, think of bitcoin as a piss bucket, connected to the sewer line with a plastic hose, roughly the size of an IV line. When people in the public toilet (mempool) piss in the bucket (transact), it fills up, but, simultaneously, the bucket drains itself into the sewer.
But only as fast as the IV line can pass the piss.

At roughly 3peepees, the bucket reaches equilibrium: the pee pee flows out as quickly as it flows in. The toilet attendant (miners) stands as a century by the pee bucket -- he has the power to make you wait and squirm (not include your tx).

Occasionally, the seamy bus terminal where this wholly repulsive public toilet is located gets deserted (police sweeps; also because really gross & no self-respecting human being would ever be seen there).
During those times, the bucket is empty.

And also empty when the sickfuck toilet attendant decides to teach everybody a lesson & not let anyone pee (mine empty blocks) -- because gets paid 25 BTC every 10 minutes anyhow, your paltry tips (tx fees) amount to shit.
legendary
Activity: 966
Merit: 1000
So now blocks have room again?

I'm confused.

This is not hard to understand, sometimes they are full, sometimes not. Soon, they will be full all the time.
full member
Activity: 126
Merit: 100
legendary
Activity: 1106
Merit: 1007
Hide your women
So now blocks have room again?

I'm confused.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 434
Merit: 250
Are all zero fee transactions included in Litecoin, Dash, monero, etherium?  Bitcoin is losing market share because competitors are underpricing us. 

I'm sure they'd be ever so excited to receive any actual transactions regardless of fees.

Whell, at least they got a monero logo placed on the top thread of both r/btc and r/bitcoin for most of today... nice work iCE.  Undecided


That's fucking hilarious.   Cheesy Cheesy Cheesy

The Venn diagram of Monero is pure genius (and represents the tip of an inverted 3-sided Exter Pyramid).  I expect the Redditurds will react to it like apes to the monolith in 2001.

Actually, nobody gives a flying fuck about your pet altcoin.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
blocks are completely full
every single one
my 1cent fee tx has yet to be mined

They are full precisely because almost all near-zero fee transactions are currently included.

Are all zero fee transactions included in Litecoin, Dash, monero, etherium?  Bitcoin is losing market share because competitors are underpricing us. 

Just open a block explorer and you'll see LTC and DASH has like 4-5-6 tx/block, monero is at 0-1.

BTC does like 2000 txs/block.

You are either gaining market share or you are losing it. It doesn't matter how far of a lead you have. if your competitor is picking up speed and you are slowing down, in a long enough race, you will lose.

no coin has had the heat thrown at it that bitcoin has ... if any of them get big enough to warrant more than a 'meh' then the blow torch comes on them.

I want to see the BS of V. Buterin explode into a full-blown internet rage war, PoS ethereum is going to encourage some truly sick politicking, you thought PoW chinese miners was an 'issue'?

No coin...yet. We seem to be talking past each other. Look, there can be only one "most marketable commodity" by definition. Another word for that term is "money".  In order for something to be marketable, you have to be able to bring it to market. To exchange it.  NO cryptocoin is money yet, but no cryptocoin will ever become money if it can't be exchangeable in the frequencies money needs to be exchanged.

If Etherium has more utility due to smart contracts, turing completeness or whatever, it will gain market share faster. PoS has serious problems and I've always said that, but it turns our PoW also has a serious problem: Chinese electricity and labor cost advantages means ANY PoW plan may result in the same loss of censorship resistance Bitcoin is experiencing with mining overdevelopment and concentration in one political jurisdiction.

 

Caspar? POS? Vitalik's a cowboy. Will any of that even blend?

If Ethereum manages to prove that PoS is safe on a large scale, Bitcoin might have to move to PoS as well.

Have there been any examples of PoS coins running in a true decentralized way?

Maybe Nxt, Peercoin certainly isn't. But those tiny shitcoins don't prove much.

It needs to be proven to handle large economic actors as well as a large number of users and large numbers of bad actors.

Ethereum is interesting in that it's not a currency, so a double spend or similar won't fundamentally harm its raison d'être.

That way they can afford to risk running an unproven technology like this, whereas Bitcoin can't.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
http://xtnodes.com/

13 classic blocks mined in the last 1000.
legendary
Activity: 1260
Merit: 1116
blocks are completely full
every single one
my 1cent fee tx has yet to be mined

They are full precisely because almost all near-zero fee transactions are currently included.

Are all zero fee transactions included in Litecoin, Dash, monero, etherium?  Bitcoin is losing market share because competitors are underpricing us. 

Just open a block explorer and you'll see LTC and DASH has like 4-5-6 tx/block, monero is at 0-1.

BTC does like 2000 txs/block.

You are either gaining market share or you are losing it. It doesn't matter how far of a lead you have. if your competitor is picking up speed and you are slowing down, in a long enough race, you will lose.

no coin has had the heat thrown at it that bitcoin has ... if any of them get big enough to warrant more than a 'meh' then the blow torch comes on them.

I want to see the BS of V. Buterin explode into a full-blown internet rage war, PoS ethereum is going to encourage some truly sick politicking, you thought PoW chinese miners was an 'issue'?

No coin...yet. We seem to be talking past each other. Look, there can be only one "most marketable commodity" by definition. Another word for that term is "money".  In order for something to be marketable, you have to be able to bring it to market. To exchange it.  NO cryptocoin is money yet, but no cryptocoin will ever become money if it can't be exchangeable in the frequencies money needs to be exchanged.

If Etherium has more utility due to smart contracts, turing completeness or whatever, it will gain market share faster. PoS has serious problems and I've always said that, but it turns our PoW also has a serious problem: Chinese electricity and labor cost advantages means ANY PoW plan may result in the same loss of censorship resistance Bitcoin is experiencing with mining overdevelopment and concentration in one political jurisdiction.

 

Caspar? POS? Vitalik's a cowboy. Will any of that even blend?

If Ethereum manages to prove that PoS is safe on a large scale, Bitcoin might have to move to PoS as well.

Have there been any examples of PoS coins running in a true decentralized way?
hero member
Activity: 576
Merit: 503
O.k.  Well, maybe I do not understand the facts, enough.  I thought that classic mined less than 10 blocks, so far...

And, if there are like 10 blocks a day mined by classic, then maybe it could become more significant, no?  

Sayin' this coz I didn't know it until now ...
My core node's debug log shows the number of blocks mined over version 4 in the last 1000.
At the moment it's 8

edit: oops. that was a screwup.
It's 8 of the last 100 blocks. Not as useful as i thought.

Jump to: