Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19599. (Read 26608487 times)

Just watch on coinbase NOW.. get all from them to fiat.. now is safe fiat .......    

Somebody here told me once that Bitcoin should do well when legacy economy begins to crumble, but you're telling me it ain't so?

This block thing needs to be solved once and for all now and never addressed again. "The Last Hardfork".

Anything less than that and Bitcoin will fail.

I want MOAR. And to lower my DCA.

No - ironically, it's to counter the prevalent teenager crowds' '16 yo' lack of attention span and general apathy, that I try to use varied font sizes, wanna make sure I get them page views y'know, my time not wasted, and what not ;3




Your honey badger doing good af atm : Was propped up & overbought for too long, at last it's shown itself in the price action, much to the teary dismay of degenerate bulltards galore <3





^Perfect question - One of the main issues facing this proposal which would have to be debated and solved on technical & philosophical/ideological merits. Not gonna pretend I have all the answers, in a heartbeat ;p





You are right. Of course..I should have known that ;/

So, what if millions of users/miners do this vote? I know this wouldn't be practical in our current world - just theorizing about the concept itself.

They wouldn't get blacklisted - it's more the protocol would dynamically detect any given pool is amassing too much hashpower, wallet users &/or miners that are reasonably detected to not be likely to be affiliated w/ this pool, get to do a 'consensus check trigger' that, if successful, starts limiting this pool to a lower % so it's held in check? The minute users stop being in general majority agreement about it - it stops limiting the pool in question, so it's both non-draconian and consensus-based + decentralized-control-mechanism?





Such an activist, loving it xD  *Picturing him w/ cowboy hat & silver-star-heeled leather boots <3*

Its not a "whistleblow" cause the public and MSM dont care about such details, all they understand is that Bitcoin has inner fights going on. You see a whistleblow is usually something that wakes up important players that take action then, but in this case who did he wake up? Nobody, cause all important players are already aware of the issue. To cause a crash and to demolish the image of Bitcoin in public further is just what it is an asshole action.

He may have had some valid point, nevertheless his NYT article overshadows this completely as we did know those things before. Also his medium article is full of bullshit also, i would say 75% is just crap and 25% is valid concern.

"Raise the block size!" they said.

"We have consensus!" they said.

"Market is going to rally around big blocks" they said.

welp  

Why are there so many cucked "the sky is falling!" panic-selling faggots out there?

Don't you get tired of panic selling and panic buying?

Can't you see this is a deliberate effort by the bank kikes and the kike media (New York Times, etc, just about all journalists are lying kikes) to undermine Bitcoin?

Grow some balls and hold your coins, man.

Drama queen or not, he had some valid points - not necessary technically, but about the whole deadlock situation and censorship. Ofc, he should not go to the stupid mainstream media, who want the blood of bitcoin.
Still, he raised good points in his blog post (not in the NYT article!!!) about that there should NOT be a fee market, which is arising artificially, based on an old DoS prevention mechanism (which was always thought to
be temporary!). There is no fee market (or shouldn't be), this is system with a >6bil$ market cap, with less than 0,1% world population using it, and they ALREADY want to develop a blockage with transaction throughput?? Just count: doesn't matter, how high fees go - it is still impossible to do more than 4-7 ts/s!!! Fees do not solve this hardcap!! People will just not transact.

That's why the Harn "whistleblow" in MSM caused panic sell, many realized we MUST act NOW. Check out, 70% of big miners/ processing companies /exchanges already signed Bitcoin Classic https://bitcoinclassic.com/ after 2 days...

Or will they be just censored again? You mean 70-80% of the industry can be censored? :-)


EDIT: I was pretty much agnostic in this debate about blocksize so far, both sides has pros/cons. But the idea, that free market be abolished by a technical policy limit and give rise to "fee market" (means: "no, no, you are too Philippine to send cash home, we now have 10$ fee for the next 114 blocks, k thxbye), and "dissidents" must be censored, and "burned"- it is OS ffs, how the ***k they dared to censor?!? - so these two alone pushed me into "raise that blocksize" camp. And yes, i run a node, and no i don't care, will just buy a bigger HDD.

Its a ratio thing  

He sold himself to the media as one important (if not the most important) developer. Which is a fucking joke! Yes he did some work but i wouldnt name him in the Top10. Hilarious that he could make such an public impression...

BTC the "longest running blockchain" has value. Its not going away over night. The chain hasn't really even been tapped in to. Just got to keep the miners happy. $$$$$  

You mean you're not all in?!

So. Markets fell about 2%, and BTC fell 15%? Sounds legit :-

Coin



Explanation

You know the media has caught up on the story and barely any reported the story correctly as in "Mike is wrong and Bitcoin died 80+ times already". I've got sent a few screenshots from Facebook (which I don't use) from a few partners already. Quite unfortunate that it has reflected itself this heavily on the price within a single day.

Bring it on! I had no ammo when it happened, exactly one year ago. You were busy chasing trolls that day (and talking about 4 Punch Raiders).

I don't think its going to be a hard crash. I think are many seeing it as a good time to buy a little BTC. Not sure how much of this dip in price is really about Mike Hearn ( if any) anyways. I see more of it as a reaction with Cryptsy (and the bad press it always brings) and the stock market crashing today. Come  Monday make that Tuesday lol, Monday is a U.S holiday.....things will be back swinging upwards probably on all fronts...  

Hope that statist bullshit don't disruptivize our antifragile honey badger beyond her tipping point. I mean before we get a chance to off-board into filthy fiat...

This fall will be so hard for bitcoin to recover, it will take months to reach 400$ level again
I predect the price will continue falling to 300 soon