Coin
Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19627. (Read 26608322 times)
January 13, 2016, 05:01:52 AM
January 13, 2016, 04:52:34 AM
it's the chicken game of Bitcoin.
It's Chicken Little running around squawking about the sky falling if the blocksize isn't raised and theymos+blockstream+MP are exiled to Ascension Island, while Honey Badger takes a nice little nap.
January 13, 2016, 04:51:57 AM
In the end of the day there is an equilibrium between the available transaction space, the fees paid, the abuse the network gets and the willingness of miners to mine transactions. And this equilibrium will not get any better (in favor of scaling) if either
a) the software itself doesn't gets better in terms of using storage, processing and network resources
b) the resources themselves aren't upgraded to cope, as technology improves
a) the software itself doesn't gets better in terms of using storage, processing and network resources
b) the resources themselves aren't upgraded to cope, as technology improves
The equilibrium of fees paid and the willingness of miners to mine transactions should be allowed to find itself. The network abuse should be limited by the max block size (as it has done so from the moment is was introduced). The max block size should NOT be used to throttle the market by introducing artificial scarcity of transaction capacity.
The fee equilibrium will come. At the end of the day. Clearly with a block subsidy of 25 BTC, we're not there, yet.
January 13, 2016, 04:44:07 AM
Man I go away for a few hours and come back and there is a meltdown... 
Obviously, the market is thrilled to hear the Gavinistas have regrouped and renewed their attempts to catalyze a contentious hardfork and governance coup.
Perhaps Hearn's Bankster Consortium wants to extend the Grand Schism in order to suppress the price, while they gobble up all the cheap pre-ETF coins possible.
Another Civil War, another giant red candle. Yawn.
Wake me up when Coinbase decides WTF they'll do when Gavincoins are suddenly being actively deposited/traded/withdrawn, alongside the usual Bitcoins.
Their God damn pointed-headed CEO won't list LTC, but makes vague noises about supporting customers' desire to hardfork missile crisis?
I may have to make a Coinbase account, for the sole purpose of fucking them to death in the event of an actual opportunity to short Gavincoins.
January 13, 2016, 04:36:42 AM
No offence but this small dump was clearly just behind the corner, I'm not going to trade in the next days I see a lot of nerves going on in the market.
I'll just hold on to my stash for a while.
I'll just hold on to my stash for a while.
January 13, 2016, 04:09:46 AM
Thought I'd lost all the bitcoin's I have stored in Core. Balance reset to 0, thought my life was over 
Dont worry, Core are busy working on new and exiting features that will take your balance to zero, without the inconvenience of hanging your PC.
I officially now hate you - for making me laugh when I should not.
*kisses*
January 13, 2016, 04:01:51 AM
January 13, 2016, 03:42:26 AM
Bitcoin Classic seeks 75% miner adoption. That eases my nerves a little bit, if they get >75% than we wont have two competing forks, which is a good thing.
If they get < 75% then we won't have a fork to begin with. So it's either no fork, or no competing fork. Which is a good thing.
January 13, 2016, 03:01:54 AM
January 13, 2016, 02:40:44 AM
Our gracious politburo has deemed this information unfit for your consumption.
https://archive.is/UsUH3
Summarily deleted.
https://archive.is/UsUH3
Summarily deleted.
What was that, then?
January 13, 2016, 02:01:53 AM
January 13, 2016, 01:01:54 AM
January 13, 2016, 12:49:55 AM
This made my day, thank you. He's holding out for a management position don't ya know! I just wish there was another movie after the fact.
?
January 13, 2016, 12:01:54 AM
January 13, 2016, 12:01:14 AM
My inner bull isn´t happy with this price action. It makes me think in an incoming dumpage.
I nailed it
That is ridiculous.
January 12, 2016, 11:55:30 PM
one please summ up what the F everyone is talking about in the last pages
im sitting here on my azz seeing the charts drop what the F is going ok ?
just another fart in the universe or some srs business ?
im sitting here on my azz seeing the charts drop what the F is going ok ?
just another fart in the universe or some srs business ?
it all says buy more bitcoin
January 12, 2016, 11:50:17 PM
The dump was stopped by the Stampline (and the previous $430 level). We will probably follow the Stampline for a while.
Bitstamp:
Huobi:
And it probably involves lent money (even if it started before all the money was lent).
Bitfinex USD swaps:
It seems I was right. The pump just delayed the dump. (Though we didn't actually go below the previous price level, so maybe it's too soon for me to gloat.)
Huobi:
Bitstamp:
wow that's escalated quickly, up $20 within a few hours, can anyone here to explain the reason?
Someone could be trying to prop the price up.Huobi:
And it probably involves lent money (even if it started before all the money was lent).
Bitfinex USD swaps:
Huobi:
January 12, 2016, 11:47:11 PM
one please summ up what the F everyone is talking about in the last pages
im sitting here on my azz seeing the charts drop what the F is going ok ?
just another fart in the universe or some srs business ?
im sitting here on my azz seeing the charts drop what the F is going ok ?
just another fart in the universe or some srs business ?
January 12, 2016, 11:37:55 PM
Cor devs really screwed the pooch letting this fork get so out of hand before backpedaling. Hopefully they will lose enough credibility with miners so we can just go to 2 MB when the blocks fill up.
Consensus is forming around 2MB.
Consensus is forming around 2MB.
How does fish eater and you show up at the same time
January 12, 2016, 11:16:39 PM
Cor devs really screwed the pooch letting this fork get so out of hand before backpedaling. Hopefully they will lose enough credibility with miners so we can just go to 2 MB when the blocks fill up.
Consensus is forming around 2MB.
Consensus is forming around 2MB.
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