Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19510.

BlindMayorBitcorn

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Greg Maxwell admits the main reason for the block size limit is to force a fee market. Not because of bandwidth, transmission rates, orphaning, but because otherwise transactions would be 'too cheap'.

Quote

I am currently leaving redmarks on my forehead with my palm.

The block-size limits the rate of new transactions entering the system as well... because the fee required to entire the mempool goes up with the backlog.

But I'm glad you've realized that efficient block transmission can potentially remove size mediated orphaning from the mining game. I expect that you will now be compelled by intellectual honesty to go do internet battle with all the people claiming that a fee market will necessarily exist absent a blocksize limit due to this factor. Right?

AlexGR

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Quote from: Richy_T on January 25, 2016, 10:39:30 AM

Quote from: BlindMayorBitcorn on January 24, 2016, 09:35:46 PM

Quote from: ChartBuddy on January 24, 2016, 09:01:36 PM

57MB in the pool. What did we hit during the epic stress-test of a while ago? Is there a record all time high we should be shooting for?

It's hard to tell. It grows continuously based on the min relay transaction fee (which I have set fairly low) after a reboot by my understanding and I don't think this version has an ejection mechanism. So the number by itself is fairly meaningless. I'm thinking of replacing it with something more useful.

Use first block inclusion fees.

Richy_T

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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: BlindMayorBitcorn on January 24, 2016, 09:35:46 PM

Quote from: ChartBuddy on January 24, 2016, 09:01:36 PM

57MB in the pool. What did we hit during the epic stress-test of a while ago? Is there a record all time high we should be shooting for?

It's hard to tell. It grows continuously based on the min relay transaction fee (which I have set fairly low) after a reboot by my understanding and I don't think this version has an ejection mechanism. So the number by itself is fairly meaningless. I'm thinking of replacing it with something more useful.

Sitarow

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Quote from: Ayle56 on January 25, 2016, 08:24:08 AM

Quote from: mmitech on January 25, 2016, 08:13:38 AM

Quote from: Ayle56 on January 25, 2016, 08:03:27 AM

Quote from: mmitech on January 25, 2016, 07:49:19 AM

The Pic speaks for it self

This is a Bitcoin thread in the Bitcoin section, so you shouldn't be promoting altcoins here.

Neverheless ethereum's only gone up by 10.57%. Why did you omit dogecoin which has surpassed it by going up by 11.11%? You showed dash at 5th place which has crashed, but omitted dogecoin at 6th place.

Dogecoin has been pumped numerous times, and ethereum's being pumped like any other altcoin.

dash, Litecoin, Dogecoin.... and so many other coins are just a Bitcoin copy cats, Bitcoin's limitations will apply on all the Bitcoin forks, in the other hand you have ETH which is a kick ass platform.

BTW: you don't get to tel me what I can discuss and what not especially in this thread and in this sub-forum. period.

It's not me that tells you what you can discuss, it's the mods. This is what Lauda (a mod) has to say about a post just like yours in the Bitcoin discussion board. He says making a price comparison isn't a discussion related to Bitcoin. That post also starts with a coinmarketcap screenshot.

Quote from: Lauda on January 25, 2016, 08:12:17 AM

Quote from: WilderX on January 25, 2016, 08:04:55 AM

No it's not. This is Bitcoin related. Far superior tech replacing your precious BTC.

This is a discussion about another useless coin. This is not related to Bitcoin (making a price comparison != related to Bitcoin/B. Discussion).

I will say that at the All-Star Panel: with Ed Moy, Joseph VaughnPerling, Trace Mayer, Nick Szabo, Dr. Craig Wright there was the topic of incorporating ETH concepts into Bitcoin. Were they suggesting that such a thing would potentially "obs" the ETH concept as redundant?

Watch it and give us your perspective Cheesy

https://www.youtube.com/watch?v=LdvQTwjVmrE

BlindMayorBitcorn

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https://petertodd.org/2016/are-wallets-ready-for-rbf

No.

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

ChartBuddy

legendary

Activity: 2380

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

mmitech

legendary

Activity: 1148

Merit: 1001

things you own end up owning you

Quote from: Ayle56 on January 25, 2016, 08:24:08 AM

Quote from: mmitech on January 25, 2016, 08:13:38 AM

Quote from: Ayle56 on January 25, 2016, 08:03:27 AM

Quote from: mmitech on January 25, 2016, 07:49:19 AM

The Pic speaks for it self

This is a Bitcoin thread in the Bitcoin section, so you shouldn't be promoting altcoins here.

Neverheless ethereum's only gone up by 10.57%. Why did you omit dogecoin which has surpassed it by going up by 11.11%? You showed dash at 5th place which has crashed, but omitted dogecoin at 6th place.

Dogecoin has been pumped numerous times, and ethereum's being pumped like any other altcoin.

dash, Litecoin, Dogecoin.... and so many other coins are just a Bitcoin copy cats, Bitcoin's limitations will apply on all the Bitcoin forks, in the other hand you have ETH which is a kick ass platform.

BTW: you don't get to tel me what I can discuss and what not especially in this thread and in this sub-forum. period.

It's not me that tells you what you can discuss, it's the mods. This is what Lauda (a mod) has to say about a post just like yours in the Bitcoin discussion board. He says making a price comparison isn't a discussion related to Bitcoin. That post also starts with a coinmarketcap screenshot.

Quote from: Lauda on January 25, 2016, 08:12:17 AM

Quote from: WilderX on January 25, 2016, 08:04:55 AM

No it's not. This is Bitcoin related. Far superior tech replacing your precious BTC.

This is a discussion about another useless coin. This is not related to Bitcoin (making a price comparison != related to Bitcoin/B. Discussion).

Please lets stop talking about Bitcoin's technical limitations, because this way they will go away... and please don't mention any better, efficient and advanced solutions especially in the forum where most crypto enthusiasts/investors gather to get information, this way Bitcoin will never fail...

One thing you've got right, I have to stop posting hints about the dead horse, the time of free hints is gone... this will be the last one I promise.

Edit: I stopped visiting this sub-forum for almost a year, I got more productive, I will stop visiting again.... nothing good comes out of here, this is my last post ever in the speculation sub-forum.

hdbuck

legendary

Activity: 1260

Merit: 1002

2m vwap at 410$, not quite oversold.

Ayle56

full member

Activity: 185

Merit: 100

Quote from: mmitech on January 25, 2016, 08:13:38 AM

Quote from: Ayle56 on January 25, 2016, 08:03:27 AM

Quote from: mmitech on January 25, 2016, 07:49:19 AM

The Pic speaks for it self

This is a Bitcoin thread in the Bitcoin section, so you shouldn't be promoting altcoins here.

Neverheless ethereum's only gone up by 10.57%. Why did you omit dogecoin which has surpassed it by going up by 11.11%? You showed dash at 5th place which has crashed, but omitted dogecoin at 6th place.

Dogecoin has been pumped numerous times, and ethereum's being pumped like any other altcoin.

dash, Litecoin, Dogecoin.... and so many other coins are just a Bitcoin copy cats, Bitcoin's limitations will apply on all the Bitcoin forks, in the other hand you have ETH which is a kick ass platform.

BTW: you don't get to tel me what I can discuss and what not especially in this thread and in this sub-forum. period.

It's not me that tells you what you can discuss, it's the mods. This is what Lauda (a mod) has to say about a post just like yours in the Bitcoin discussion board. He says making a price comparison isn't a discussion related to Bitcoin. That post also starts with a coinmarketcap screenshot.

Quote from: Lauda on January 25, 2016, 08:12:17 AM

Quote from: WilderX on January 25, 2016, 08:04:55 AM

No it's not. This is Bitcoin related. Far superior tech replacing your precious BTC.

This is a discussion about another useless coin. This is not related to Bitcoin (making a price comparison != related to Bitcoin/B. Discussion).

8up

hero member

Activity: 618

Merit: 500

PSA: If you haven't bought bitcoin @$220 (or below), the next best time to buy is now.

Quote from: 8up on December 11, 2015, 01:09:45 PM

Sub $400 is the new MUST-BUY zone.

mOgliE

legendary

Activity: 1344

Merit: 1251

Quote from: Ayle56 on January 25, 2016, 08:03:27 AM

Quote from: mmitech on January 25, 2016, 07:49:19 AM

The Pic speaks for it self

This is a Bitcoin thread in the Bitcoin section, so you shouldn't be promoting altcoins here.

Neverheless ethereum had only gone up by 10.57%. Why did you omit dogecoin which has surpassed it by going up by 11.11%? You showed dash at 5th place which has crashed, but omitted dogecoin at 6th place. Is that because a joke like dogecoin going up faster than ethereum doesn't make ethereum look good?

Dogecoin has been pumped numerous times, and ethereum's being pumped like any other altcoin.

Or the fact that growth of a market less than 200 millions is not significant ^^

mmitech

legendary

Activity: 1148

Merit: 1001

things you own end up owning you

Quote from: Ayle56 on January 25, 2016, 08:03:27 AM

Quote from: mmitech on January 25, 2016, 07:49:19 AM

The Pic speaks for it self

This is a Bitcoin thread in the Bitcoin section, so you shouldn't be promoting altcoins here.

Neverheless ethereum's only gone up by 10.57%. Why did you omit dogecoin which has surpassed it by going up by 11.11%? You showed dash at 5th place which has crashed, but omitted dogecoin at 6th place.

Dogecoin has been pumped numerous times, and ethereum's being pumped like any other altcoin.

dash, Litecoin, Dogecoin.... and so many other coins are just a Bitcoin copy cats, Bitcoin's limitations will apply on all the Bitcoin forks, in the other hand you have ETH which is a kick ass platform.

BTW: you don't get to tel me what I can discuss and what not especially in this thread and in this sub-forum. period.

Ayle56

full member

Activity: 185

Merit: 100

Quote from: mmitech on January 25, 2016, 07:49:19 AM

The Pic speaks for it self

This is a Bitcoin thread in the Bitcoin section, so you shouldn't be promoting altcoins here.

Neverheless ethereum had only gone up by 10.57%. Why did you omit dogecoin which has surpassed it by going up by 11.11%? You showed dash at 5th place which has crashed, but omitted dogecoin at 6th place. Is that because a joke like dogecoin going up faster than ethereum doesn't make ethereum look good?

Dogecoin has been pumped numerous times, and ethereum's being pumped like any other altcoin.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

hdbuck

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Activity: 1260

Merit: 1002

Quote from: needmoney on January 25, 2016, 07:47:30 AM

When bitcoin fall $350 again?
Any guess ?

There might be some supports around 360, then 320, then.. doom?!

mmitech

legendary

Activity: 1148

Merit: 1001

things you own end up owning you

The Pic speaks for it self

needmoney

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Activity: 1848

Merit: 1023

I am a good bro

When bitcoin fall $350 again?
Any guess ?

hdbuck

legendary

Activity: 1260

Merit: 1002

Quote from: ZephramC on January 25, 2016, 05:41:07 AM

Quote from: 600watt on January 25, 2016, 04:51:59 AM

i see blocksize fighting is still flooding all the threads ...
opponents of bitcoin will not ...
their incentive to fight seriously is low. they yawn. ...

Unless blocksize fighting isn't (in a part) actually their fight.