Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19953. (Read 26608359 times)

legendary
Activity: 3780
Merit: 5429
Actually I have been programming almost daily for the last 40 years.  And I have watched from front row some of the best software developers in the world as they worked.  As well as some terrible ones.  

That is why I think that swapping Gavin for Greg was a disaster for bitcoin...


Actually the jokes on you, Jorgi. I'm a career programmer too, that's actually looked at some of the recent Core releases, and I can tell you that there's been maybe only a handful of lines of code added to Core in the last year or two.

A. Handful. Of. Lines. In. Over. A. Years. Time.

So let's don't over-glorify these so called developers and put them up on some sort of pedestal.  Like they've got their noses to the grindstone every day, furiously cranking out mountains of code. If they had only coded that much in a business world white collar desk job setting, they'd be fired by now for being over-paid slackers.

P.S.- And the truth/reason is, after 6 years of development, Bitcoin Core is pretty much complete and solid at this point. All the heavy lifting was done years ago. With the exception of increasing block size, and maybe a few other little things, there's very little left for the Core developers to actually do.  So they're basically just downshifted into long term maintenance mode at this point, which anyone with their knowledge can do on the side for a few hours a week.
hero member
Activity: 910
Merit: 1003
The development process is open, you can join the mailing list if you want to be in on their "secrets" , SW has been discussed to death since 2011.... where have you been?
Reading several things, including the dev mailing list (including that letter by Satoshi, and various bickerings between the devs until Gavin and Mike left. And Greg unsubsctibed.)

But almost no one reads the dev mailing list, or even the forums; and very few understand what it is discussed there.  Saying that "alerts are not needed because it was discussed in the dev mailing list mor months" reminds me of a certain incident in The Hitchhikers Guide to the Galaxy...

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I can certainly tell you haven't coded much, if any, before as the real reason devs prefer soft-fork is because of the possible bugs and complications that rolling out hard forks that aren't backwards compatible create.

Actually I have been programming almost daily for the last 40 years.  And I have watched from front row some of the best software developers in the world as they worked.  As well as some terrible ones.  

That is why I think that swapping Gavin for Greg was a disaster for bitcoin...

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You appear to be holding unfounded and irrational conspiracies which can easily be proven false.  

Care to name some?  

Perhaps you mean my belief that Blockstream and Viacoin are "conspiring" to retain control of the protocol and ensure a congested network because their business is to sell tools for off-chain transactions?

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Nodes Upgrading to the newest softforks is actually increasing in velocity. http://data.bitcoinity.org/bitcoin/block_version/5y?c=block_version&r=week&t=a

BIP 65 already reach activation in short order. 0.11.2 was released only in Nov 13.

You are looking at miners adoption, not relay nodes or clients, right?
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Anyone who is in a position of power on another forum fancy having ChartBuddy post there? I'm about done with Theymos' nonsense.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
If we don't break 400 soon, we will see an epic dump.

Save my words


Aaaaaaaand it... broke $400


When referring to BTC price generically, we go by Bitstamp's price, here unless otherwise specified.


Accordingly, Bitstamp has not yet gone beyond $400 in the past week - I believe $399.91 is as close as it has been to $400.



"We" definitely do not go by Bitstamp's price here. For a short window between the time Gox collapsed and Stamps got hacked that may have been true but certainly not now.







I'm NOT saying that bitcoin's price is controlled by bitstamp but rather if you are generally referring to BTC's price, then you should get on the same page with everyone else with your price references...

Alternatively, you can specify the source of your price assertion every time that you make one for clarity sake regarding how you arrived at your price reference. 

Accordingly, what I said earlier stands, and it is not something that I made up because it is true in bitcoin discussion places other than this forum as well.
legendary
Activity: 1456
Merit: 1000
every time this guy is back speaking the outlook is optimistic.

https://youtu.be/lwxLdklXlzI

 Grin Grin

Oh god. Please don't even follow that link and give this guy views. It's that Rawdogletard guy. Nothing of value there.

he is genius!  Grin

he said that this world is full of retard... which is true... you cant beat truth. i mean bitcoin is minority in this world right...  ?
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
...
A tip.
If you use too many different font colors and sizes, then your post gets kind of retarded. It's like written by a 8 year old boy, who just discovered these functions of changing font color and size, so he eagerly uses this function everywhere.
One should only use these functions rarely, when there truly is something to emphasize.


It's about time for geocities styling to come back into fashion. Web 3.0

The world economy blatantly headed to the trash can is rather worth ephasizing to me. I highlighted and enlarged the text worth skimming, for those with the TL;DR attitude. Smiley i'll adjust accordingly in the future, as to not be so harsh on the observer's eyesight.

In all seriousness, how do you all feel about a lot of the stock markets tanking? How long will USD be able to stay up?




Even if we get some dollar crashing and stock market crashing, such systems still have a good 10-30 years of hanging on (I would error on the side of closer to 30 years rather than 10 years).  In other words, even though a lot of traditional markets and financial institutions appear considerably propped up, it is pretty unlikely that we are going to witness any Armageddon downfall of such institutions in less than 10 years.

I am still buying bitcoin to leverage regarding the value of fiat institutions, but I am certainly not banking on any near term armageddon.



hero member
Activity: 583
Merit: 500
If we don't break 400 soon, we will see an epic dump.

Save my words


Aaaaaaaand it... broke $400


When referring to BTC price generically, we go by Bitstamp's price, here unless otherwise specified.


Accordingly, Bitstamp has not yet gone beyond $400 in the past week - I believe $399.91 is as close as it has been to $400.



"We" definitely do not go by Bitstamp's price here. For a short window between the time Gox collapsed and Stamps got hacked that may have been true but certainly not now.




legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
every time this guy is back speaking the outlook is optimistic.

https://youtu.be/lwxLdklXlzI

 Grin Grin


he makes a few decent points, but even though he claims to be knowledgable about IT matters, he seems to not understand bitcoin.

Maybe he remains too invested in gold and too attached to supposed privacy concerns that he is failing to recognize that neither governments nor banks are as friendly to BTC as he is making them out to be in his apparent conspiracy thinking.

Surely he is correct that with bitcoin we are going to need to continue to be vigilant about some of our privacy considerations and we also need to attempt to make sure that bitcoin does not become too centralized that it is taken over by banks or governments or secretly something other than we believe it to be because it had been taken over... his pie in the sky paranoia about bitcoin would be really far into the future and alot would need to occur before it would become centralized and taken over, like he asserts is (and will) happen to bitcoin.
hero member
Activity: 798
Merit: 531
Crypto is King.
...
A tip.
If you use too many different font colors and sizes, then your post gets kind of retarded. It's like written by a 8 year old boy, who just discovered these functions of changing font color and size, so he eagerly uses this function everywhere.
One should only use these functions rarely, when there truly is something to emphasize.


It's about time for geocities styling to come back into fashion. Web 3.0

The world economy blatantly headed to the trash can is rather worth ephasizing to me. I highlighted and enlarged the text worth skimming, for those with the TL;DR attitude. Smiley i'll adjust accordingly in the future, as to not be so harsh on the observer's eyesight.

In all seriousness, how do you all feel about a lot of the stock markets tanking? How long will USD be able to stay up?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
every time this guy is back speaking the outlook is optimistic.

https://youtu.be/lwxLdklXlzI

 Grin Grin

Oh god. Please don't even follow that link and give this guy views. It's that Rawdogletard guy. Nothing of value there.

he is genius!  Grin
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
every time this guy is back speaking the outlook is optimistic.

https://youtu.be/lwxLdklXlzI

 Grin Grin

What a complete and utter moron. He thinks due to crypto the economy is crashing. This guy may be the absolute most ignorant crypto evaluator on the Internet. Lambie, time to step down with your rhetoric, or step your bash game up. This guy has you beat 1000 fold.

haha, one of the best video from rawdog.  Grin Grin

https://youtu.be/6qSj24_E_lU
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
every time this guy is back speaking the outlook is optimistic.

https://youtu.be/lwxLdklXlzI

 Grin Grin

Oh god. Please don't even follow that link and give this guy views. It's that Rawdogletard guy. Nothing of value there.
hero member
Activity: 798
Merit: 531
Crypto is King.
every time this guy is back speaking the outlook is optimistic.

https://youtu.be/lwxLdklXlzI

 Grin Grin

What a complete and utter moron. He thinks due to crypto the economy is crashing. This guy may be the absolute most ignorant crypto evaluator on the Internet. Lambie, time to step down with your rhetoric, or step your bash game up. This guy has you beat 1000 fold.
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
...
A tip.
If you use too many different font colors and sizes, then your post gets kind of retarded. It's like written by a 8 year old boy, who just discovered these functions of changing font color and size, so he eagerly uses this function everywhere.
One should only use these functions rarely, when there truly is something to emphasize.


It's about time for geocities styling to come back into fashion. Web 3.0
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
every time this guy is back speaking the outlook is optimistic.

https://youtu.be/lwxLdklXlzI

 Grin Grin
hero member
Activity: 798
Merit: 531
Crypto is King.
^^^^ That's what she said! Cheesy
ImI
legendary
Activity: 1946
Merit: 1019

looks fuckin bullish to me

legendary
Activity: 994
Merit: 1035
I meant that, in general, the devs like soft forks because they can be deployed in "stealth mode", without alerting all the users and nodes -- and therefore avoiding "wasteful" questionings and explanations.  See BIP66 last July, and BIP65 that was just enabled yesterday.

In this case too, the devs seem to be decided to roll out SW without waiting for it to be scrutinized and approved by the community.  (No independent applications will break, of course,  unless they deserve to break.)

The development process is open, you can join the mailing list if you want to be in on their "secrets" , SW has been discussed to death since 2011.... where have you been?

I can certainly tell you haven't coded much, if any, before as the real reason devs prefer soft-fork is because of the possible bugs and complications that rolling out hard forks that aren't backwards compatible create.

You appear to be holding unfounded and irrational conspiracies which can easily be proven false.  

I am assuming that, with a 1 MB limit, the network will each saturation in mid 2016. (Although there has been an extra increase in November, so that may happen in Q1 already.)  I am also assuming that, six months after SW is deployed, half the traffic will still be using the old format.  Then, even with half the traffic in SW format, the network will saturate anyway  in 2016, but perhaps in the second half only.  

This assumption doesn't match the data. Nodes Upgrading to the newest softforks is actually increasing in velocity. http://data.bitcoinity.org/bitcoin/block_version/5y?c=block_version&r=week&t=a

BIP 65 already reach activation in short order. 0.11.2 was released only in Nov 13.

I suppose its easy to be critical and make armchair disagreements without much concern of their validity when you don't have a stake in bitcoin. I would love to see you short/daytrade bitcoin as it may bring more accuracy to your comments as it would incentivize you to better fact check.
hero member
Activity: 798
Merit: 531
Crypto is King.
$396.09 on Stamp as I type this, so near yet so far from the magic $400.

Incredible how we can't get over that last $4.

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ac·cu·mu·la·tion
əˌkyo͞om(y)əˈlāSH(ə)n/
noun
the acquisition or gradual gathering of something.
"the accumulation of wealth"
a mass or quantity of something that has gradually gathered or been acquired.
plural noun: accumulations
"the accumulation of BTCitcoin by willybot v 2.1 during the great rise of December 2015 was rather obvious, we were seeing volume like never before"
synonyms:   buildup, mass, pile, heap, stack, collection, stock, store, stockpile, reserve, hoard;
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