Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19262.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: Fatman3001 on February 20, 2016, 07:16:17 AM

Looks like Classic wasn't quite off the table after all.

https://twitter.com/cnLedger/status/700981834562162688

Quote

"If core provide the specific date to deliver HF, and keep the promise"

Core is in no position to make promises on behalf of Honey Badger, much less force him to do anything by a specific date.

A HF done not for technical/engineering reasons, but merely to try and shut up the Classic extortionists, sets a terrible precedent.

If Core is agreeing to throw Gavin a bone just to stop his dogs' barking, the stalemate is broken and all hell will be unleashed on the markets.

I hope Core and Blockstream will on principle refuse to compromise under duress from the threat of Gavincoin's consensus destroying attack.

If they do not, the cold war balance of MAD is over and the Great Schism could get very hot very fast.

And we already have consensus...it's called The Holy Blockchain.

ImI

legendary

Activity: 1946

Merit: 1019

Quote from: adamstgBit on February 20, 2016, 07:21:31 AM

jupp

465$ will be broken...

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: jod_doj on February 20, 2016, 07:32:41 AM

Quote from: adamstgBit on February 20, 2016, 07:21:31 AM

can anyone explain me what did they decide to do to increase the block size or not? i dont understand too much about that

nothing is offical but is seems to have played out like we were hoping

we'll get segwit and 2MB later, they should be setting a date for HF as we speak!

jod_doj

full member

Activity: 179

Merit: 100

Quote from: adamstgBit on February 20, 2016, 07:21:31 AM

can anyone explain me what did they decide to do to increase the block size or not? i dont understand too much about that

blunderer

full member

Activity: 154

Merit: 100

C'mon, bulls! If ever there was an opportunity for a decent pump...

Denker

legendary

Activity: 1442

Merit: 1016

Quote from: danielW on February 20, 2016, 07:26:38 AM

I am so ready for moon Grin

Who isn't!

We are seeing a nice little upwards push today.
Great start in the weekend so far.

danielW

sr. member

Activity: 277

Merit: 257

I am so ready for moon Grin

Fatman3001

legendary

Activity: 1554

Merit: 1014

Make Bitcoin glow with ENIAC

I like Antpool.

https://twitter.com/cnLedger/status/700972281221124096

Don't come here and tell me the chinese can't tell it like it is now and then.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

abercrombie

legendary

Activity: 1159

Merit: 1001

Quote from: blunderer on February 20, 2016, 07:10:56 AM

Quote from: abercrombie on February 20, 2016, 07:01:30 AM

This seems to be related to some meeting in China regarding trying to reach consensus.

https://twitter.com/cnLedger

Latest tweets:

52m ago [HKmtg]To Everyone reading this. < snip >

Are we rich yet?

Well played...

Fatman3001

legendary

Activity: 1554

Merit: 1014

Make Bitcoin glow with ENIAC

Looks like Classic wasn't quite off the table after all.

https://twitter.com/cnLedger/status/700981834562162688

sAt0sHiFanClub

hero member

Activity: 546

Merit: 500

Warning: Confrmed Gavinista

Quote from: marcus_of_augustus on February 20, 2016, 05:52:22 AM

~~that's was just a troll bit to kick things off and get you guys riled up and shooting all over the place, hopefully hitting each other in the process.~~
I was being stooooopid again.

clarified.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

We have CONSENSUS

Fatman3001

legendary

Activity: 1554

Merit: 1014

Make Bitcoin glow with ENIAC

Quote from: ImI on February 20, 2016, 07:09:32 AM

Quote from: ImI on February 13, 2016, 07:50:15 PM

Quote from: yefi on February 13, 2016, 07:47:25 PM

Quote from: inca on February 13, 2016, 03:39:27 PM

Bitcoin now has a rather nice flag formation after the rise from 200-500 with little media fanfare. The alt's are waking up and the halving is approaching. The only thing keeping bitcoin back is the blocksize debate which will soon resolve either by a HF with majority of miner support, or with Core acquiescing to the demands of the market and miners (3 weeks!) and fixing a 2mb blocksize HF in the roadmap.

The Chinese will stick with Core, they are quite conservative with respect to leadership. I'd be surprised to see Core implement 2MB blocks in addition to segregated witness, but we'll see.

And so long, farewell, auf wiedersehen 300s!

chinese are pushing for 2MB HF, core already hinted compromise. spoken word is HF in early 2017 with several other HF implementations as well.

told ya fuckers

https://twitter.com/cnLedger

If true, then it's hopefully a guarantee against further delays and more stupid.

blunderer

full member

Activity: 154

Merit: 100

Quote from: abercrombie on February 20, 2016, 07:01:30 AM

This seems to be related to some meeting in China regarding trying to reach consensus.

https://twitter.com/cnLedger

Latest tweets:

52m ago [HKmtg]To Everyone reading this. < snip >

Are we rich yet?

ImI

legendary

Activity: 1946

Merit: 1019

Quote from: ImI on February 13, 2016, 07:50:15 PM

Quote from: yefi on February 13, 2016, 07:47:25 PM

Quote from: inca on February 13, 2016, 03:39:27 PM

Bitcoin now has a rather nice flag formation after the rise from 200-500 with little media fanfare. The alt's are waking up and the halving is approaching. The only thing keeping bitcoin back is the blocksize debate which will soon resolve either by a HF with majority of miner support, or with Core acquiescing to the demands of the market and miners (3 weeks!) and fixing a 2mb blocksize HF in the roadmap.

The Chinese will stick with Core, they are quite conservative with respect to leadership. I'd be surprised to see Core implement 2MB blocks in addition to segregated witness, but we'll see.

And so long, farewell, auf wiedersehen 300s!

chinese are pushing for 2MB HF, core already hinted compromise. spoken word is HF in early 2017 with several other HF implementations as well.

told ya fuckers

https://twitter.com/cnLedger

sAt0sHiFanClub

hero member

Activity: 546

Merit: 500

Warning: Confrmed Gavinista

Quote from: marcus_of_augustus on February 20, 2016, 05:16:29 AM

You know how the big-block arguments are basically bogus? ... in the end they are appealing to cult of personality (Saint Gavin will save them), because their reasoning and logic is ultimately devoid of adequate substance to base technical decisions upon.

You talk some amount of shit.

Argument is : Increase limit now, then release segwit and other solutions when they are ready. (if they ever get there)

abercrombie

legendary

Activity: 1159

Merit: 1001

This seems to be related to some meeting in China regarding trying to reach consensus.

https://twitter.com/cnLedger

Latest tweets:

52m ago [HKmtg]To Everyone reading this. The consensus is not yet an official announcement. You should wait and read the statement after the meeting

1 hours ago [HKmtg]To Everyone: We have CONSENSUS! In April we get SW, 3 months later, core HF code ready

1 hours ago [HKmtg]F2Pool CTO Wang: today, we agree here to end the debate politically, and sort out the tech details later.

4 hours ago [HKmtg]Core:A contentious HF, will cause price to drop. In 2013-03 a HF resulted in thousands of coins lost, and harmed a large pool.

becoin

legendary

Activity: 3431

Merit: 1233

Quote from: adamstgBit on February 20, 2016, 06:46:39 AM

Quote from: becoin on February 20, 2016, 06:39:39 AM

Quote from: oda.krell on February 20, 2016, 06:16:27 AM

But then, they somehow also have to deal with the fact that in the white paper, ~~Moses~~ Satoshi mentions the terms "Electronic Cash" twice, "payment" (in a non-technical sense) 6 times, but the term "artificial scarcity driven clearance network" exactly zero times.

The title - "Bitcoin: A Peer-to-Peer Electronic Cash System".

What Satoshi proposed is a monetary system, not a payment system. The monetary form is electronic cash under the name of Bitcoin. The blockchain is the system that ensures the very existence of the monetary form. You can have many different payment systems based on Bitcoin. It is all straight forward. What don't you understand?

The logical fallacy of big blocktards is that they try to compete with fiat payment systems using bitcoin monetary system. It is a lost battle, dear big blocktards!
To compete with Visa or PP you have to create payment systems BASED on the bitcoin blockchain, not use the blockchain itself! This is what LN and side chains are all about!

there will either be a huge amounts of volume on the blockchain or not at all.

It can be very easily dealt with. It's only a question of competing tx fees.

You were told many times. You have just to listen. I'll repeat it once again for big blocktards that currently spend big money developing payment system apps that will never be used. Listen:

Transactions on the bitcoin blockchain will be settlement layers clearing outstanding balances within or between different competing payment systems based on Bitcoin. It will be orders of magnitude better (more transparent, more auditable and much faster) than current world financial system.

ChartBuddy

legendary

Activity: 2380

Merit: 1823