Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19610.

cbeast

donator

Activity: 1736

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Let's talk governance, lipstick, and pigs.

Quote from: wachtwoord on January 15, 2016, 09:28:30 AM

Quote from: Andre# on January 15, 2016, 09:26:54 AM

Quote from: hdbuck on January 15, 2016, 09:13:08 AM

Quote from: becoin on January 15, 2016, 09:09:13 AM

Last chance of corrupted government(s) to kill bitcoin using their puppets in core dev group. A major, major economic crisis is knocking on the door and their time to ruin bitcoin is running out fast.

NYTimes big fud: http://www.nytimes.com/2016/01/17/business/dealbook/the-bitcoin-believer-who-gave-up.html?_r=1

FUCK YOU HEARN.

PS/ and FUCK YOU GAVIN TOO.

Instead of shooting the messengers, we could also fix the problem. Adopting Bitcoin Classic would be a good, first step.

Not the messengers, the traitors. Increasing the block size is as bad as increasing the 21M Bitcoin limit.

So the price should be going up then because Hearn left?

tomothy

sr. member

Activity: 258

Merit: 250

How is increasing to 2mb as bad as increasing supply past 21m?

tomothy

sr. member

Activity: 258

Merit: 250

Brian Armstrong ‏@brian_armstrong 11h11 hours ago
Theory: Mike Hearn has not left bitcoin, he is just trying to help the industry move off core, which we should have done a long time ago.

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So here's what I think is happening. I think R3, likes bitcoin and is secretly developing applications that could be used on bitcoin/litecoin and other 'blockchains.' I don't think they like china's mining capacity and they see it as a threat to this sweet deals that they could otherwise conduct using bitcoin. I think it's likely that some of their applications require an increase, 2mb would work, but they want to make sure things will ALWAYS work hence the exponential scaling suggestions. If blocks got huge, it could also mitigate the impact of China's mining capacity.

So, increase blocks = weaken china = have cake and eat it too. I'm surprised there hasn't been more of a market drop; 13000 btc AND 300000k, LTC, that's like ~$6mil or somethign right?

I think it's all a game to implement classic, prepping the ignition for launch

iCEBREAKER

legendary

Activity: 2156

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Crypto is the separation of Power and State.

Quote from: julian071 on January 15, 2016, 09:03:25 AM

I am quite sure the price has not finished going down a little bit. BTC deserves a good haircut for bad management and not acting quick enough. I can only hope (for the bagholders) that when the price does get cut bij 30% or more, some people get the wake up call.

My personal opinion is that this is not going to happen any time soon. The discussion on this particular forum should not be taken as an indicator for that, I know, but I do sense that there are just to many bagholders with wrong motives in this scene.

Turn on your TV. The markets are melting down. Again.

Oil down to $29.50, a 12 year low.

Blockstream's fault. Obviously.

Dow down 400.

Why, thermos, why? Cry

wachtwoord

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Activity: 2324

Merit: 1125

Quote from: Andre# on January 15, 2016, 09:26:54 AM

Quote from: hdbuck on January 15, 2016, 09:13:08 AM

Quote from: becoin on January 15, 2016, 09:09:13 AM

Last chance of corrupted government(s) to kill bitcoin using their puppets in core dev group. A major, major economic crisis is knocking on the door and their time to ruin bitcoin is running out fast.

NYTimes big fud: http://www.nytimes.com/2016/01/17/business/dealbook/the-bitcoin-believer-who-gave-up.html?_r=1

FUCK YOU HEARN.

PS/ and FUCK YOU GAVIN TOO.

Instead of shooting the messengers, we could also fix the problem. Adopting Bitcoin Classic would be a good, first step.

Not the messengers, the traitors. Increasing the block size is as bad as increasing the 21M Bitcoin limit.

Andre#

hero member

Activity: 737

Merit: 500

Quote from: hdbuck on January 15, 2016, 09:13:08 AM

Quote from: becoin on January 15, 2016, 09:09:13 AM

Last chance of corrupted government(s) to kill bitcoin using their puppets in core dev group. A major, major economic crisis is knocking on the door and their time to ruin bitcoin is running out fast.

NYTimes big fud: http://www.nytimes.com/2016/01/17/business/dealbook/the-bitcoin-believer-who-gave-up.html?_r=1

FUCK YOU HEARN.

PS/ and FUCK YOU GAVIN TOO.

Instead of shooting the messengers, we could also fix the problem. Adopting Bitcoin Classic would be a good, first step.

cbeast

donator

Activity: 1736

Merit: 1014

Let's talk governance, lipstick, and pigs.

Quote from: ?? on ??

Quote from: becoin on January 15, 2016, 09:09:13 AM

Last chance of corrupted government(s) to kill bitcoin using their puppets in core dev group. A major, major economic crisis is knocking on the door and their time to ruin bitcoin is running out fast.

No need 4 gubermints to step in here, you Crypto enthusiasts seem to be doing fine all on your own.

"Embattled digital currency exchange Cryptsy is now claiming that it is insolvent.

The exchange alleges in a newly released blog post that it was the target of a hack in July 2014, an incident that it said cost it approximately 13,000 BTC ($7.5m at then prices) and approximately 300,000 LTC (then $2.08m).

"This of course was a critical event for Cryptsy, however at the time the website was earning more than it was spending and we still have some reserves of those cryptocurrencies on hand. The decision was made to pull from our profits to fill these wallets back up over time, thus attempting to avert complete closure of the website at that time.""

Fractional reserve. Because it works Cool

Cryptsy failed because Bitcoin works. Gee, I hope this post isn't deleted too.

Fatman3001

legendary

Activity: 1554

Merit: 1014

Make Bitcoin glow with ENIAC

Quote from: Lauda on January 15, 2016, 08:58:28 AM

What are the odds of R3 giving Hearn a financial incentive for the announcement in addition to this happening at the same time as Cryptsy closes its doors? I'll let you think about that one.

I agree, I always think people who disagree with me must be a minion of the devil. How else would they come to that conclusion?

Edit: Ok, not the best point. A lot of the people who disagree with me ARE minions of The Accuser.

hdbuck

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Quote from: becoin on January 15, 2016, 09:09:13 AM

Last chance of corrupted government(s) to kill bitcoin using their puppets in core dev group. A major, major economic crisis is knocking on the door and their time to ruin bitcoin is running out fast.

NYTimes big fud: http://www.nytimes.com/2016/01/17/business/dealbook/the-bitcoin-believer-who-gave-up.html?_r=1

FUCK YOU HEARN.

PS/ and FUCK YOU GAVIN TOO.

Quote from: Gavin Andresen on June 17, 2010, 02:58:14 PM

Quote from: satoshi on June 17, 2010, 01:46:08 PM

I don't believe a second, compatible implementation of Bitcoin will ever be a good idea. So much of the design depends on all nodes getting exactly identical results in lockstep that a second implementation would be a menace to the network. The MIT license is compatible with all other licenses and commercial uses, so there is no need to rewrite it from a licensing standpoint.

Good idea or not, SOMEBODY will try to mess up the network (or co-opt it for their own use) sooner or later. They'll either hack the existing code or write their own version, and will be a menace to the network.

I admire the flexibility of the scripts-in-a-transaction scheme, but my evil little mind immediately starts to think of ways I might abuse it. I could encode all sorts of interesting information in the TxOut script, and if non-hacked clients validated-and-then-ignored those transactions it would be a useful covert broadcast communication channel.

That's a cool feature until it gets popular and somebody decides it would be fun to flood the payment network with millions of transactions to transfer the latest Lady Gaga video to all their friends...

https://bitcointalksearch.org/topic/m.1613

Mrpumperitis

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Activity: 2758

Merit: 1075

Quote from: Mrpumperitis on January 09, 2016, 07:22:59 PM

im dumping some btc over the next few days...need to hedge a bit incase btc does go down. Not dumping for fiat...gonna buy a small basket of Alts.(eth #1)

becoin

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Activity: 3431

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Last chance of corrupted government(s) to kill bitcoin using their puppets in core dev group. A major, major economic crisis is knocking on the door and their time to ruin bitcoin is running out fast.

fisheater22

member

Activity: 84

Merit: 10

Quote from: ChartBuddy on January 15, 2016, 09:01:52 AM

Coin

Explanation

julian071

hero member

Activity: 1132

Merit: 818

I am quite sure the price has not finished going down a little bit. BTC deserves a good haircut for bad management and not acting quick enough. I can only hope (for the bagholders) that when the price does get cut bij 30% or more, some people get the wake up call.

My personal opinion is that this is not going to happen any time soon. The discussion on this particular forum should not be taken as an indicator for that, I know, but I do sense that there are just to many bagholders with wrong motives in this scene.

ChartBuddy

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Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

soullyG

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Decentralize everything

Meuh6879

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Quote from: billyjoeallen on January 15, 2016, 08:46:48 AM

Burn, Baby. Burn.

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Lauda

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Activity: 2674

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Terminated.

Quote from: fisheater22 on January 15, 2016, 08:42:53 AM

SFYL

Gud buye, 390...

If you invest nothing you can lose nothing. I'm not at a loss and mathematically I can not ever be.

Quote from: julian071 on January 15, 2016, 08:46:54 AM

Europe leading the way in the dumpage... Cheap coins for all the people left who believe in BTC!

Pretty much anyone with a working brain?

Quote from: ErisDiscordia on January 15, 2016, 08:48:46 AM

This has turned quite ugly Undecided

What are the odds of R3 giving Hearn a financial incentive for the announcement in addition to this happening at the same time as Cryptsy closes its doors? I'll let you think about that one.

Everyone just calm down. It just went up $10 within a second and back down a few dollars again. This means nothing.

Fatman3001

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Activity: 1554

Merit: 1014

Make Bitcoin glow with ENIAC