Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19719.

Cconvert2G36

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Quote from: JayJuanGee on December 29, 2015, 04:55:01 PM

Quote from: billyjoeallen on December 29, 2015, 04:51:08 PM

Jeff Garzik on the Stalling Bitcoin conferences:

https://medium.com/@jgarzik/bitcoin-is-being-hot-wired-for-settlement-a5beb1df223a#.82qumsxby

Quote

One of the explicit goals of the Scaling Bitcoin workshops was to funnel the chaotic core block size debate into an orderly decision making process. That did not occur. In hindsight, Scaling Bitcoin stalled a block size decision while transaction fee price and block space pressure continue to increase.

This is far from fucking over.

That's right, and it seems that you are planning to continue to provide us with a blow by blow status update regarding the impending fulblocalypse on a several times a day basis.

That's gonna help to light a little fire under their britches... Cheesy

Seems pretty relevant to whether Bitcoin reaches its true potential or is captured for use by a for-profit company. This has profound implications for the price, which we are all speculating on. Are you a passenger or a participant? Would you rather we discussed the weather?

JayJuanGee

legendary

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Self-Custody is a right. Say no to"Non-custodial"

Finally, in the past 5 minutes, we have a little volume rumblings on Stamp... Will it last for more than 15-30 minutes? hm?

billyjoeallen

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Hide your women

Quote from: JayJuanGee on December 29, 2015, 04:55:01 PM

Quote from: billyjoeallen on December 29, 2015, 04:51:08 PM

Jeff Garzik on the Stalling Bitcoin conferences:

https://medium.com/@jgarzik/bitcoin-is-being-hot-wired-for-settlement-a5beb1df223a#.82qumsxby

Quote

One of the explicit goals of the Scaling Bitcoin workshops was to funnel the chaotic core block size debate into an orderly decision making process. That did not occur. In hindsight, Scaling Bitcoin stalled a block size decision while transaction fee price and block space pressure continue to increase.

This is far from fucking over.

That's right, and it seems that you are planning to continue to provide us with a blow by blow status update regarding the impending fulblocalypse on a several times a day basis.

That's gonna help to light a little fire under their britches... Cheesy

As I've said repeatedly, the only thing likely to light a fire under their britches is a market crash, which makes a market crash almost inevitable.

Quote

to remove long term moral hazard, core block size limit should be made dynamic, put in the realm of software, outside of human hands.

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

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JayJuanGee

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Activity: 3920

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Self-Custody is a right. Say no to"Non-custodial"

Quote from: billyjoeallen on December 29, 2015, 04:51:08 PM

Jeff Garzik on the Stalling Bitcoin conferences:

https://medium.com/@jgarzik/bitcoin-is-being-hot-wired-for-settlement-a5beb1df223a#.82qumsxby

Quote

One of the explicit goals of the Scaling Bitcoin workshops was to funnel the chaotic core block size debate into an orderly decision making process. That did not occur. In hindsight, Scaling Bitcoin stalled a block size decision while transaction fee price and block space pressure continue to increase.

This is far from fucking over.

That's right, and it seems that you are planning to continue to provide us with a blow by blow status update regarding the impending fulblocalypse on a several times a day basis.

That's gonna help to light a little fire under their britches... Cheesy

peonminer

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Crypto is King.

This Western VS Eastern walls battle is making me woozy.

billyjoeallen

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Hide your women

Jeff Garzik on the Stalling Bitcoin conferences:

https://medium.com/@jgarzik/bitcoin-is-being-hot-wired-for-settlement-a5beb1df223a#.82qumsxby

Quote

One of the explicit goals of the Scaling Bitcoin workshops was to funnel the chaotic core block size debate into an orderly decision making process. That did not occur. In hindsight, Scaling Bitcoin stalled a block size decision while transaction fee price and block space pressure continue to increase.

This is far from fucking over.

iram66680

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Quote from: r0ach on December 29, 2015, 04:03:52 PM

Quote from: aminorex on December 29, 2015, 02:36:08 PM

Monkey gave up on it intraday. I'm out.

Quote from: r0ach on December 10, 2015, 05:10:02 AM

So the war is on Shocked

Bitcoin will rise now at an unspeakable level.

The bears will be known as the Russian Bears! Cool

BlindMayorBitcorn

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The Bitcoin Kid is at it again.

https://np.reddit.com/r/btc/comments/3yj7r0/coinbase_censorship/

r0ach

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Quote from: aminorex on December 29, 2015, 02:36:08 PM

Monkey gave up on it intraday. I'm out.

Quote from: r0ach on December 10, 2015, 05:10:02 AM

ChartBuddy

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peonminer

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Crypto is King.

billyjoeallen

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Hide your women

Quote from: aminorex on December 29, 2015, 02:45:02 PM

Quote from: Cconvert2G36 on December 29, 2015, 02:17:35 PM

Quote from: aminorex on December 29, 2015, 12:50:20 PM

It's a technical problem. There are technical solutions. When I want to make a BTC purchase, I spend XMR using xmr.to or shapeshift.io. Consequently my privacy is assured.

What's the technical solution for buying a car, a house, a commercial property?

In each of those cases, the purchase is a matter of public record, and hence privacy concerns are moot.

But yes, there is a scale problem. When the nickel and dime volume is large enough, then the liquidity will suffice for the dollar traffic to insinuate itself, &c. Given the trend in privacy awareness in marketplaces which have historically been early adopters of crypto, I expect the scale problem to work itself out over time. "Price fixes everything."

More like "price fixing screws up everything." The miners just want a good Return on Investment, as they should. The're not going to rock the boat, either for the blockstream patch, BIP101, or any other scaling solution until it hurts their bottom line enough to do so. That means the price has to go down far enough for them to have the incentive to adopt a patch and if price doesn't...fullblocalypse. Miners will take us right to the brink because they want the fees and don't want risk breaking Bitcoin until it's clear that it's already broken.

As fees creep up and most legit users stop using the network, the money launderers tax cheats and drug dealers will dominate and then the governments will push to seal up the on and offramps under some anti-terrorism bullshit.

Blockstream can stop BIP101. Bigblockers can stop Blockstream. Nobody has a consensus and nobody is going to get one. Traders will be able to jam the network for hours to manipulate the price. Meanwhile BankAmericoin, Applecoin, FBcoin and others are going to roll out their products and the first mover advantage will be squandered.

niktitan132

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Quote from: JimboToronto on December 29, 2015, 02:46:32 PM

C'mon. Somebody buy a few thousand coins and get this thing rolling again.

Sub-$450 is getting boring. It was fun as a buying opportunity but it's time to move on.

Grin

Start it off man. Buy a few K btc and see where it gets us. Grin

ChartBuddy

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Cconvert2G36

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Quote from: aminorex on December 29, 2015, 02:45:02 PM

Quote from: Cconvert2G36 on December 29, 2015, 02:17:35 PM

Quote from: aminorex on December 29, 2015, 12:50:20 PM

It's a technical problem. There are technical solutions. When I want to make a BTC purchase, I spend XMR using xmr.to or shapeshift.io. Consequently my privacy is assured.

What's the technical solution for buying a car, a house, a commercial property?

In each of those cases, the purchase is a matter of public record, and hence privacy concerns are moot.

But yes, there is a scale problem. When the nickel and dime volume is large enough, then the liquidity will suffice for the dollar traffic to insinuate itself, &c. Given the trend in privacy awareness in marketplaces which have historically been early adopters of crypto, I expect the scale problem to work itself out over time. "Price fixes everything."

I was thinking more along the lines of privacy of the origin of funds rather than whether you, as the new owner of property, were identifiable.

Your point is an important one though, and largely the reason why I am passionate about scaling, it's the small stuff that facilitates the store of value/big stuff.

JimboToronto

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You're never too old to think young.

C'mon. Somebody buy a few thousand coins and get this thing rolling again.

Sub-$450 is getting boring. It was fun as a buying opportunity but it's time to move on.

Grin

aminorex

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Sine secretum non libertas

Quote from: Cconvert2G36 on December 29, 2015, 02:17:35 PM

Quote from: aminorex on December 29, 2015, 12:50:20 PM

It's a technical problem. There are technical solutions. When I want to make a BTC purchase, I spend XMR using xmr.to or shapeshift.io. Consequently my privacy is assured.

What's the technical solution for buying a car, a house, a commercial property?

In each of those cases, the purchase is a matter of public record, and hence privacy concerns are moot.

But yes, there is a scale problem. When the nickel and dime volume is large enough, then the liquidity will suffice for the dollar traffic to insinuate itself, &c. Given the trend in privacy awareness in marketplaces which have historically been early adopters of crypto, I expect the scale problem to work itself out over time. "Price fixes everything."

sAt0sHiFanClub

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Warning: Confrmed Gavinista

Quote from: jbreher on December 29, 2015, 02:22:32 PM

Interestingly, both that thread and this one independently went bat-shit-crazy over the last 48 hours. Are we all really that bored with the market?

Different threads, different scales on the bat-shit-crazy-o-meter. Shocked

JayJuanGee

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Self-Custody is a right. Say no to"Non-custodial"

Quote from: aminorex on December 29, 2015, 02:36:08 PM

Quote from: aminorex on December 29, 2015, 11:27:52 AM

monkey thinks it could rise for as long as 8 more hours before continuing down for a week or so. on the bright side he tells me support level has risen to 370

Monkey gave up on it intraday. I'm out.

Must be going up, then.,.,....

chooo

chooo

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19719. (Read 26609517 times)