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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19378. (Read 26610027 times)

legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC

The main advantages of Ethereum over Bitcoin is that people in control are qualified and expected to not screw everything, unlike Core people.

You must be oblivious to the development crisis's and mistakes in Ethereum and the flight of developers from that project.

I think its main advantage could be that the founder of the project is still there and functions as a "natural consensus". Also its good that his identity is known.

Apart from that ETH could get the same problems and civilwars that Bitcoin is experiencing.

Good point.

All this cultist crap around Satoshi is not healthy.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
Please elaborate, specifically.

I'll try

We shouldn't hold any grudges against most Classic supporters and welcome them back in as our temporarily lost brothers in an act of solidarity.

The inverse of this sentence is that there are some bitcoiners who are not welcome any more in the community. There is also an appeal to solidarity and forgiveness towards those who were "mislead" into "false" beliefs. Those who genuinely betrayed the collective needs to be punished, those who simply were mislead will be forgiven.

Unfortunately, I believe this drama will only temporarily go away. There were indeed many genuine XT/UL/Classic supporters but there were also many shills/trolls/  agent provocateurs supporting a contentious HF. Bitcoin is competing/undermining against some of the most powerful states and corporations and we should prepare for a vicious and difficult fight ahead.

Here you claim that even though the storm may seem to have passed, evil actors are still active among our midst. These evil actors are backed by evil constellations and thus deserve no sympathy whatsoever. You point out the traits by which they can be identified as a passive encouragement to them being identified and punished by the collective. At the end you even actively encourage people to "prepare for a vicious and difficult fight ahead".

Quote
Part of this is educating people towards the true principles of bitcoin, as many are still advocating code be written under the governance of democracy which would be tragic and goes against our current meritocracy consensus based development framework. As we grow our ecosystem this will remain a constant challenge we must overcome as most humans have been programmed to believe democracy is the best form of governance available.

Then you reiterate the dogma of the one and only way forward and basically warn against the horrors of the peoples rule and independent thought in the collective. To top it off you sound an alarm of the struggles of the future and promote eternal vigilance in the collective.


This rhetoric is used regularly among collectivist populist authoritarian regimes to signal a purge in the population and maintain discipline.
full member
Activity: 126
Merit: 100
hero member
Activity: 840
Merit: 529

The main advantages of Ethereum over Bitcoin is that people in control are qualified and expected to not screw everything, unlike Core people.

You must be oblivious to the development crisis's and mistakes in Ethereum and the flight of developers from that project.

I think its main advantage could be that the founder of the project is still there and functions as a "natural consensus". Also its good that his identity is known.

Apart from that ETH could get the same problems and civilwars that Bitcoin is experiencing.

That's a true advantage to got a leader indeed... It prevents any divisions of point of view or of development as long as he's not making too crazy decisions.
Don't be too harsh, in BTC we have leaders also!

Adam "I were the first to heard about Satoshi but thought he was a moron" Back, and Greg "I am smarter than everyone else but have no clue about economics" Maxwell are our great leaders!

Dang you're not reassuring me buddy...



That's a true advantage to got a leader indeed... It prevents any divisions of point of view or of development as long as he's not making too crazy decisions.


There are advantages to multiple of the best development minds maintaining bitcoin in consensus. Ethereum investors are going to be in for a rollercoaster when the token starts being used in the wild and Vitalik sets off the bomb to switch from PoW to an untested (in the real world) PoS.

It is one hell of a gamble for a future in which their are no good use cases for the token.

True, but that question is more about the whole way Eth was even conceived...
legendary
Activity: 994
Merit: 1035


That's a true advantage to got a leader indeed... It prevents any divisions of point of view or of development as long as he's not making too crazy decisions.


There are advantages to multiple of the best development minds maintaining bitcoin in consensus. Ethereum investors are going to be in for a rollercoaster when the token starts being used in the wild and Vitalik sets off the bomb to switch from PoW to an untested (in the real world) PoS.

It is one hell of a gamble for a future in which there are no good use cases for the token.
legendary
Activity: 861
Merit: 1010

The main advantages of Ethereum over Bitcoin is that people in control are qualified and expected to not screw everything, unlike Core people.

You must be oblivious to the development crisis's and mistakes in Ethereum and the flight of developers from that project.

I think its main advantage could be that the founder of the project is still there and functions as a "natural consensus". Also its good that his identity is known.

Apart from that ETH could get the same problems and civilwars that Bitcoin is experiencing.

That's a true advantage to got a leader indeed... It prevents any divisions of point of view or of development as long as he's not making too crazy decisions.
Don't be too harsh, in BTC we have leaders also!

Adam "I were the first to heard about Satoshi but thought he was a moron" Back, and Greg "I am smarter than everyone else but have no clue about economics" Maxwell are our great leaders!
legendary
Activity: 2380
Merit: 1823
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hero member
Activity: 840
Merit: 529

The main advantages of Ethereum over Bitcoin is that people in control are qualified and expected to not screw everything, unlike Core people.

You must be oblivious to the development crisis's and mistakes in Ethereum and the flight of developers from that project.

I think its main advantage could be that the founder of the project is still there and functions as a "natural consensus". Also its good that his identity is known.

Apart from that ETH could get the same problems and civilwars that Bitcoin is experiencing.

That's a true advantage to got a leader indeed... It prevents any divisions of point of view or of development as long as he's not making too crazy decisions.
ImI
legendary
Activity: 1946
Merit: 1019

The main advantages of Ethereum over Bitcoin is that people in control are qualified and expected to not screw everything, unlike Core people.

You must be oblivious to the development crisis's and mistakes in Ethereum and the flight of developers from that project.

I think its main advantage could be that the founder of the project is still there and functions as a "natural consensus". Also its good that his identity is known.

Apart from that ETH could get the same problems and civilwars that Bitcoin is experiencing.
legendary
Activity: 994
Merit: 1035

The main advantages of Ethereum over Bitcoin is that people in control are qualified and expected to not screw everything, unlike Core people.

You must be oblivious to the development crisis's and mistakes in Ethereum and the flight of developers from that project.
legendary
Activity: 861
Merit: 1010
Why can't the Eth shills stick to their own thread? I don't go into their thread spamming a shitcoin.

it's the same crowd ... the ethereum pump is an attempt to spook the bitcoiner masses into the arms of the big-block banksters and their classic cronies ... 'cos "if bitcoin can't scale someone else will"

ethereum has been crawling with banksters from day zero ... they crave the ethos of bitcoin but could never create it.


ether can't scale either. has same problem . #GimpedCoin
The main advantage of Ethereum over Bitcoin is that people in control are qualified and are expected to not screw everything, unlike Core people.
legendary
Activity: 1092
Merit: 1000
Why can't the Eth shills stick to their own thread? I don't go into their thread spamming a shitcoin.

it's the same crowd ... the ethereum pump is an attempt to spook the bitcoiner masses into the arms of the big-block banksters and their classic cronies ... 'cos "if bitcoin can't scale someone else will"

ethereum has been crawling with banksters from day zero ... they crave the ethos of bitcoin but could never create it.


ether can't scale either. has same problem . #GimpedCoin
sr. member
Activity: 294
Merit: 250
Meanwhile, back at the ranch Smiley


https://coin.dance/nodes

ETH has already 2600 nodes (growth is 60%/last month)

Don't worry, Major Institutional Investors Are Waiting In The Wings, ready to move their families into this war-torn piss-soaked gang-rape projects invest in Bitcoin.
As for myself,
I can't leave her car in this bad area. ... Right now we need to get both of my cars out of this bad area, allright?
legendary
Activity: 994
Merit: 1035
Just curiosity. Does ETH has scalability issues? Same as BTC or different? And monero?

Some link pinpointing to it?

Sure, they all have their problems. More importantly Eth is offering some ridiculous complexity that will lead to scaling problems and places it at risk for many future bugs. Most of its scripting ability can easily be replicated in bitcoin and there will be almost no use cases for a turing complete ineffecient blockchain database in the future when decentralized oracles working with the bitcoin blockchain will offer far greater efficiencies.

Why do people want to burn tokenized "fuel" on an extremely inefficient database? What use cases does Ethereum have that can't be better done with Bitcoin and decentralized oracles?
legendary
Activity: 1092
Merit: 1000
the price is getting to grow right now a little bit i wonder how will the classic release affect the price

Don't worry it won't ^^

There is no reason for the release of btc classic to affect the price!
Only the size issue will affect the price right now.

This ^^,  and I'm relatively confident that lots of bitcoiners will buy back in when we successful hard fork away from the PwC partnership to limit Bitcoin block size. Once that blockade is broken the sky's the limit.

Yeah, no reason for all this to continue.

Eth investment was a scam in itself. To convince yourself you just have to look at the fucking number of spams on reddit saying "buy eth buy eth".

Yeah buy that shit so they can dump everything they have, then they'll come to btc for a long term investment xD


sounds like the LTC Halvening Pump Dump Scheme that happened last year out of which exchange was it ?? okkoin ?? where everybody except the people who dumped lost all their profits and one loser got completely rekt .
sr. member
Activity: 448
Merit: 250
Meanwhile, back at the ranch Smiley


https://coin.dance/nodes

ETH has already 2600 nodes (growth is 60%/last month)

Wow, is it me or does btc get recked in term of growth? Oo
legendary
Activity: 981
Merit: 1005
No maps for these territories
Just curiosity. Does ETH has scalability issues? Same as BTC or different? And monero?

Some link pinpointing to it?
8up
hero member
Activity: 618
Merit: 500
Meanwhile, back at the ranch Smiley


https://coin.dance/nodes

ETH has already 2600 nodes (growth is 60%/last month)
legendary
Activity: 861
Merit: 1010
Quote
In the next 3 weeks, we need the Bitcoin Core developers to work with us and clarify the roadmap with respect to a future hard-fork which includes an increase of the block size.

They Think Its All Overtm

How many times do we have to repeat? We want , need (for payment channels), and require bigger blocks. Core has been discussing and planning for a HF block size increase for months. Our disagreements with Classic have to deal with the timing , and way it was being deployed... as of which the statement indicates both a support of segwit as the temporary capacity bump and--


Quote
We also believe that hard-forks should only be activated if they have widespread consensus and long enough deployment timelines.

If you have been following the conversations between the miners and developers "long enough deployment timelines" means 1 year. This statement indicates that the signers want to plan for and get ready for a goal for a future HF a year from now. They want come up with a rough plan immediately(3 weeks) so  the HF does happen 1 year from now and doesn't get pushed off indefinitely.
So what we need is a roadmap to agree on having a very small increase in at least one year from now? LOL what a bunch of clowns.

The only businesses that matters which have signed this "consensus letter" are Bitfinex and Bitfury.
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