Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20401. (Read 26609678 times)
November 03, 2015, 05:19:30 PM
November 03, 2015, 05:16:47 PM
Will take something like 30 years for a new generation of shorters to arrive since all the existing ones are broke and homeless now.
Bro you're fast becoming one of my favourite posters here. Funny shit, keep up the good work
November 03, 2015, 05:14:16 PM
Miners are sufficiently incentivized to choose an appropriate block size. Too big and their chances of being orphaned increase. This is the decentralized solution for a decentralized system.
I'm not sure if you're thinking of "no block size limit" or BIP100, I'm guessing the latter. As a miner myself, and from keeping an eye on the mining field, I can tell you that giving miners this kind of power might lead to some very odd behavior. Most of the companies and pools should not be trusted with that kind of power. It's no point with incentives if you don't understand the consequences of your actions. Just look at Ghash.io's 51% attack scare last summer. There's also the fact that we have no idea who the big actors in the field will be in five years time, nor their motives. The devs need to find a clearly defined solution and implement it. Preferably before we hit the wall.
November 03, 2015, 05:14:10 PM
I see a dump to 375 followed by a quick recover.
For a moment I thought was game over and and were on top, but this is more solid than I thought
For a moment I thought was game over and and were on top, but this is more solid than I thought
Will take something like 30 years for a new generation of shorters to arrive since all the existing ones are broke and homeless now.
November 03, 2015, 05:13:23 PM
As the price extends higher, the flash dumps will be greater. Seeing we are around $400 after that mega dump, we are looking good.
November 03, 2015, 05:12:51 PM
I see a dump to 375 followed by a quick recover.
For a moment I thought was game over and and were on top, but this is more solid than I thought
For a moment I thought was game over and and were on top, but this is more solid than I thought
November 03, 2015, 05:12:10 PM
Fears of centralization are real, fear of 3 tps being a huge bottleneck are real.
Calling large miners centralized is like saying Kenya rigs the Boston Marathon. Bitcoin needs to be competitive. Should they limit the run to only white middle-class factory workers from Peoria? Watching them drop dead from heart attacks wouldn't be much fun, nor does watching blocks take days to process and get dropped. You can't make rules that exclude people because they are good at what they do."This forum is comatose"
Lulz.
Looks like the bitco.in forum exiles are back in full force.
November 03, 2015, 05:11:36 PM
go short tamri
November 03, 2015, 05:11:05 PM
was a good run you bulls, but this pattern is not your friend. this is going back south now, dips will be called spikes and bears going to have the fun ride
Or it could just be the greed valve going psssssssssssssshhhhhhhhhh. This train does make regular stops as the wider distribution of coins marches on.
November 03, 2015, 05:10:10 PM
not surprised that the top came in once that 7k in shorts covered on finex.
I think its pure gambling for people to be taking big positions right now. Too close to the auction, and anything can happen just like last time.
What if we see the coins moved to a finex hot wallet like the last auction?
What if a big investor publicly announces that htey purchased the coins?
Unless you are trading the trend for 2-5% gains here, you're just plain stupid and playing with fire.
edit: As long as the premium exists in China, i think its fine to trade the trend. If it evaporates, load up the shorts.
I think its pure gambling for people to be taking big positions right now. Too close to the auction, and anything can happen just like last time.
What if we see the coins moved to a finex hot wallet like the last auction?
What if a big investor publicly announces that htey purchased the coins?
Unless you are trading the trend for 2-5% gains here, you're just plain stupid and playing with fire.
edit: As long as the premium exists in China, i think its fine to trade the trend. If it evaporates, load up the shorts.
November 03, 2015, 05:06:28 PM
I see Mr. Short 5000 at $320 cut his loose. 
November 03, 2015, 05:04:45 PM
I see Mr. Short 5000 at $320 cut his loose.
November 03, 2015, 05:04:28 PM
November 03, 2015, 05:02:27 PM
Fears of centralization are real, fear of 3 tps being a huge bottleneck are real.
Calling large miners centralized is like saying Kenya rigs the Boston Marathon. Bitcoin needs to be competitive. Should they limit the run to only white middle-class factory workers from Peoria? Watching them drop dead from heart attacks wouldn't be much fun, nor does watching blocks take days to process and get dropped. You can't make rules that exclude people because they are good at what they do.I was referring to relay node centralization, not mining nodes.
November 03, 2015, 05:01:20 PM
November 03, 2015, 05:00:11 PM
Fears of centralization are real, fear of 3 tps being a huge bottleneck are real.
Calling large miners centralized is like saying Kenya rigs the Boston Marathon. Bitcoin needs to be competitive. Should they limit the run to only white middle-class factory workers from Peoria? Watching them drop dead from heart attacks wouldn't be much fun, nor does watching blocks take days to process and get dropped. You can't make rules that exclude people because they are good at what they do.I was referring to relay node centralization, not mining nodes.
November 03, 2015, 04:57:11 PM
Fears of centralization are real, fear of 3 tps being a huge bottleneck are real.
Calling large miners centralized is like saying Kenya rigs the Boston Marathon. Bitcoin needs to be competitive. Should they limit the run to only white middle-class factory workers from Peoria? Watching them drop dead from heart attacks wouldn't be much fun, nor does watching blocks take days to process and get dropped. You can't make rules that exclude people because they are good at what they do. November 03, 2015, 04:54:09 PM
November 03, 2015, 04:52:16 PM
this shorter is going all in
What shorter? There's only 9300 BTC swaps on BFX. It's just a seller. BTW, thanks bulls. I just made so much money shorting today, that I can dump again if you wanna take another swipe at $420.
So you opened you're just when exactly? When we busted through 380? 400?
I call BS
I started shorting @ $399 and kept shorting the whole way up. I could have shorted twice as much, but after covering @$380, I know have enough to safely short Three times as much if we come anywhere close to $420 again. I also transferred in some coins I was using for arbitrage just so I have some extra margin.
Try it again, Bulls. I double dare you. See if I'm bluffing.
dude you've really gone off the rails, sort yourself out.
first with all the big block crap and now this shorting shit ... you used to be a model bitcoiner, what happened to you?
Smallblockers happened to me. Scale or die.
You need some sleep but you wont be able to as the Chinese will be waking up in the next 30 mins and going crazy but seriously its been a tiring 24 hours
12 hrs from now, I'll have an extra $6500 available for shorting as my swaps will expire. Let's hope the Chinese are as bullish as you say.
November 03, 2015, 04:50:33 PM
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