Holy shit it broke $200. Panic sells inbound.
Where?btc-e
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20923. (Read 26608296 times)
August 24, 2015, 07:41:47 PM
btc-e
August 24, 2015, 07:41:28 PM
block size has to be increased. thats for sure! its just a matter of HOW. XT is the bullys way of forcing things. better is BIP100 or 102
without XT we wouldn't even talk about it, would we?
afaik there were discussions going on before XT. but yes it wouldnt have been a discussion in this thread and in general "public", but that would have been the better solution and way dealing with this.
August 24, 2015, 07:41:21 PM
Holy shit it broke $200. Panic sells inbound.
Where?BTC-E
August 24, 2015, 07:40:27 PM
Holy shit it broke $200. Panic sells inbound.
Where? 
August 24, 2015, 07:40:07 PM
Holy shit it broke $200. Panic sells inbound.
August 24, 2015, 07:39:38 PM
i'd pick bip100 but i really don't give a shit who wins as long as someone wins.
and exactly thats the important point. there will most likely be no end to this until dec/jan.
August 24, 2015, 07:37:46 PM
block size has to be increased. thats for sure! its just a matter of HOW. XT is the bullys way of forcing things. better is BIP100 or 102
without XT we wouldn't even talk about it, would we?
August 24, 2015, 07:35:23 PM
block size has to be increased. thats for sure! its just a matter of HOW. XT is the bullys way of forcing things. better is BIP100 or 102
with miners voting we will soon see which is popular with the miners, and after this much BS about BIP100..105 i expect them be willing to change their vote to the most popular in order to get consensus. XT is horribly unpopular, but i do believe he 8MB option and XT would end up being the same chain just different clients.
i'd pick bip100 but i really don't give a shit who wins as long as someone wins.
August 24, 2015, 07:33:33 PM
Get ready for $1xx and lower !
August 24, 2015, 07:30:45 PM
Looks to me like Bitfinex is slowly unwinding their leveraged longs....everytime i refresh the stats page longs are slowly going down.
https://www.bitfinex.com/pages/stats
https://www.bitfinex.com/pages/stats
August 24, 2015, 07:30:34 PM
block size has to be increased. thats for sure! its just a matter of HOW. XT is the bullys way of forcing things. better is BIP100 or 102
August 24, 2015, 07:29:55 PM
Sub $200 about to be tested.
More cheap coins coming.
More cheap coins coming.
August 24, 2015, 07:24:28 PM
One thing is for sure and you can quote me on this later. This whole XT mess will go away at some point when all the devs get together and sort it out, agree to future pull requests etc. When that happens god help the shorts.
That will never happen until Blockstream is removed from the equation. August 24, 2015, 07:22:10 PM
One thing is for sure and you can quote me on this later. This whole XT mess will go away at some point when all the devs get together and sort it out, agree to future pull requests etc. When that happens god help the shorts.
August 24, 2015, 07:14:11 PM
mass adoption will not improve bitcoin's store of value, it is quite the opposite actually, it will flood and drown it. [ ... ] but it's its scarcity both in cap and transaction that will allow it to surpass any regular investment.
Scarcity alone will not make bitcoin valuable. There is a finite and fixed supply of tickets for last month's issue of the Pennsylvania Lottery; but they are quite worthless. Ditto for Zimbabwean dollar bills, Litecoins, Dogecoins, and any other altcoin.
Back in ~Nov/2013, when I first became aware of bitcoin, the "gospel" was that bitcoin's value would derive from it capturing some fraction of the market (or the whole market) of PayPal, Visa, of the US dollar. That is what Antonopoulos and all the bitcoin gurus used to say every time. There was a slide by A. with such projections, ending with 1 BTC = 1 million USD or so -- all based on the money velocity equation (P = V x T / N, where P is the price USD/BTC, V is the volume of payments in USD/day, T is the mean number of days between reuses of the same coin, and N is the number of coins in circulation, namely 21 M BTC).
In particular, bitcoin was supposed to be much more vaulable that altcoins because of the "network effect" and the "first player's advantage", which would ensure that bitcoin, and not the altcoins, would be used for e-commerce.
It can be phased in, like:
if (blocknumber > 115000)
maxblocksize = largerlimit
It can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don't have it are already obsolete.
When we're near the cutoff block number, I can put an alert to old versions to make sure they know they have to upgrade.
A congested network and a "fee market" were totally not the original design; isn't it a (big!) change to allow those things to occur? if (blocknumber > 115000)
maxblocksize = largerlimit
It can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don't have it are already obsolete.
When we're near the cutoff block number, I can put an alert to old versions to make sure they know they have to upgrade.
August 24, 2015, 07:12:36 PM
starting to think there no need to increase block size limit because bitcoin will soon not be used at all
no comment
I sold everything waiting to buy back sub 100, #besttraderever
Legendary Noob, bottom seller. Pathetic...
August 24, 2015, 07:10:19 PM
This is brutal
not really. btc just facing reality. being the first isn't sufficient anymore and the store of value
perception depends mostly on vc interests lately.
August 24, 2015, 07:06:21 PM
But still Bitcoin is the best investment option than stock market.
August 24, 2015, 07:02:45 PM
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