Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19231. (Read 26608306 times)

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
My donut came through ok. Just sayin'.

I recommend you leave the house once in a while. It's good for the brain, just try it.

sr. member
Activity: 392
Merit: 250
ONE more time for good luck

Sounds great until the whole July 2017 (maybe, pinky promise) just in time for one year later than the halving, part.
I suspect another player will soon jump in and steal away all their best devs. Blockstream will go bankrupt by years end.

Not a chance. They just sold their original roadmap as a compromise... and the miners bought it, completely. If anything, they all deserve bonuses, big ones.
Only until the Chinese figure out they got duped, dump their coins, and shut down the miners after the halving leaving a full mempool that won't ever be confirmed.

Nah, that's a BJA fullblockpocalypse scenario... I don't buy it. The marginal transactions drop off/growth stalls before that point. He argues that the car will blow up... I argue that it'll maybe be on half the cylinders, but still be rolling just fine. Wouldn't be an absolute survival situation for another 2 halvings or so... but we're talking about potential... and competition.

... or assuming good faith, they just figured out through an intensive analysis session by a group of the technically most-qualified adversarial minds bashing together, the most likely best-practice, secure and expedient way to increase transaction capacity of the bitcoin system for the foreseeable future.

But spin it how you like, you have with everything else.

Marcus defers to gmax, dr back, blue matt... and independent contractor luke jr. And in good faith, determines that this is simply as fast as we can technically go... safely... fine.

I have a hard time squaring that with their interest in an off-chain provider Blockstream... we can agree to disagree.

Look, I know that we're basically locked in till mid-late 2017 now. Let me get it out of my system. I won't drone on about this for the next 18 months. I'm not married to these coins, and hell, the ones I hold on to may go up in value all the same. My sales/buys and these words are my only influence in this market... neither are earth shaking.

Allow me my catharsis...   Embarrassed
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
ONE more time for good luck

Sounds great until the whole July 2017 (maybe, pinky promise) just in time for one year later than the halving, part.
I suspect another player will soon jump in and steal away all their best devs. Blockstream will go bankrupt by years end.

Not a chance. They just sold their original roadmap as a compromise... and the miners bought it, completely. If anything, they all deserve bonuses, big ones.
Only until the Chinese figure out they got duped, dump their coins, and shut down the miners after the halving leaving a full mempool that won't ever be confirmed.
Or maybe that's the plan. Then they can roll out their new HF that will "save" Bitcoin and solidify their position as sole entry and exit points.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
ONE more time for good luck

Sounds great until the whole July 2017 (maybe, pinky promise) just in time for one year later than the halving, part.
I suspect another player will soon jump in and steal away all their best devs. Blockstream will go bankrupt by years end.

Not a chance. They just sold their original roadmap as a compromise... and the miners bought it, completely. If anything, they all deserve bonuses, big ones.

... or assuming good faith, they just figured out through an intensive analysis session by a group of the technically most-qualified adversarial minds bashing together, the most likely best-practice, secure and expedient way to increase transaction capacity of the bitcoin system for the foreseeable future.

But spin it how you like, you have with everything else.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
ONE more time for good luck

Sounds great until the whole July 2017 (maybe, pinky promise) just in time for one year later than the halving, part.
I suspect another player will soon jump in and steal away all their best devs. Blockstream will go bankrupt by years end.

Not a chance. They just sold their original roadmap as a compromise... and the miners bought it, completely. If anything, they all deserve bonuses, big ones.
Only until the Chinese figure out they got duped, dump their coins, and shut down the miners after the halving leaving a full mempool that won't ever be confirmed.
sr. member
Activity: 392
Merit: 250
ONE more time for good luck

Sounds great until the whole July 2017 (maybe, pinky promise) just in time for one year later than the halving, part.
I suspect another player will soon jump in and steal away all their best devs. Blockstream will go bankrupt by years end.

Not a chance. They just sold their original roadmap as a compromise... and the miners bought it, completely. If anything, they all deserve bonuses, big ones.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
ONE more time for good luck

Sounds great until the whole July 2017 (maybe, pinky promise) just in time for one year later than the halving, part.
I suspect another player will soon jump in and steal away all their best devs. Blockstream will go bankrupt by years end.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
strongly recommend moving your BTC out of coinbase
do not trust these spot light loving restarts, and show them your disuse for actively trying to stop what little progress we FINALLY have made, by leaving them.
if you leave coins on coinbase, you are supporting, another year of bitching and nothing getting done while bitcoin bleeds.

Quote from: Ilogy

I don't forgive Coinbase for its jackboot kissing and polishing.  They do it voluntarily, they do it for personal financial gain.

Does anyone believe Brian "Just Following Orders" Armstrong would hesitate, much less refuse, to turn in Anne Franke?  He's exactly the kind of shitlord who would refuse to serve a 20 year old veteran a beer on his first day back from Iraq.  What a sniveling worm!

These authoritarian collaborators, these objectively pro-fascist Vichy Bitcoiners, need to be economically ignored and socially ridiculed until they go away.

They know what will happen to them when the revolution comes, and that's why they're doing everything in their power to embrace/extend/extinguish Bitcoin.

The Blockchain Alliance Inc is at the heart of the Big Lie that Bitcoin is here to replace commercial rather than central banking.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 392
Merit: 250
ONE more time for good luck

Sounds great until the whole July 2017 (maybe, pinky promise) just in time for one year later than the halving, part.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
ONE more time for good luck


legendary
Activity: 1260
Merit: 1116
My donut came through ok. Just sayin'.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
look here https://tradeblock.com/bitcoin/tx/1955f713c09279da01e71c169d9888d8d03aaf4814a4324acbb515b5e8a33f0c

this one like most, has 2 outputs

when you send 0.1BTC from a 10BTC address, the 1 TX generally goes like: send 0.1BTC out, and 9.9BTC back to an address i own, and that shows up as a TX totaling  10BTC.

its mostly "spam" aka poeple gambling on dice games and such.

They paid 44 sats/byte. Better than most.

Fees are paid on size, not value.

The adoption that was supposed to be subsidized by the block reward is being squeezed to our competitors. You may be willing to bet the farm on (currently not here) second layer solutions fixing everything... I'm less confident about that.

i believe the "spam" is just fine.  @ 44 sats/byte feel free to spam me all day.
i would not like to see these fees flow out of the miners hands just yet.
i am very confident that second layer solutions will not be ready or necessary for at least a few years
once 8MB blocks are completely full, then Maybe a second layer relieving some pressure  will be preferable.
for now the focus should be to grow the fee's each block contains in what ever way we can.

trying to increase fees by making users pay more by limiting the number of TX / block
is EXACTLY like
trying to sell  pizzas for 1000$ each by limiting the amount of pizzas you produce per day.
sr. member
Activity: 392
Merit: 250
look here https://tradeblock.com/bitcoin/tx/1955f713c09279da01e71c169d9888d8d03aaf4814a4324acbb515b5e8a33f0c

this one like most, has 2 outputs

when you send 0.1BTC from a 10BTC address, the 1 TX generally goes like: send 0.1BTC out, and 9.9BTC back to an address i own, and that shows up as a TX totaling  10BTC.

its mostly "spam" aka poeple gambling on dice games and such.

They paid 44 sats/byte. Better than most.

Fees are paid on size, not value.

The adoption that was supposed to be subsidized by the block reward is being squeezed to our competitors. You may be willing to bet the farm on (currently not here) second layer solutions fixing everything... I'm less confident about that.
full member
Activity: 154
Merit: 100
...
Decreased bock-writing utility is supposed to make the price go up? How does that work?

Don't you know that value is directly proportional to price, which, in turn, is directly proportional to scarcity? You want the price to go up? Add scarcity.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
...
its mostly "spam" aka poeple gambling on dice games and such.

Or tipping camwhores on exotika.tv

that sounds exciting i should try that.
full member
Activity: 154
Merit: 100
...
its mostly "spam" aka poeple gambling on dice games and such.

Or tipping camwhores on exotika.tv
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