Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21007.

Fatman3001

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Make Bitcoin glow with ENIAC

Quote from: schizoid on August 19, 2015, 07:06:58 AM

Quote from: mmitech on August 19, 2015, 06:47:57 AM

you got that wrong my friend, if the miners switch to the new client, exchanges wont have any other choice but to follow, because the old chain will be dead..

Not really, because new miners can jump in and resurrect the old chain. There was a recent case of an altcoin, I don't remember which one, which tried to hard fork but couldn't because the one exchange it traded on stubbornly refused to go along.

Yeah, well. That's shitcoin-mechanics. That might not work with BTC.

mmitech

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things you own end up owning you

Quote from: becoin on August 19, 2015, 06:54:51 AM

Quote from: mmitech on August 19, 2015, 06:46:51 AM

Well, I said this few years ago, Bitcoin is not BitTorrent, bitcoin is a financial instrument and will be heavily regulated, you can try to fight it now, but you like or not, these things will eventually happen...

Bitcoin is not a financial instrument. Bitcoin is money. Gold is money too, not a financial instrument. Good luck regulating gold... and bitcoin.

Some people tend to forget:
"Bitcoin: A Peer-to-Peer Electronic Cash System" Satoshi Nakamoto

Cash is NOT a financial instrument! And never will be... hopefully!

Well, to be honest, like you, I have dreams of privacy, but I also have dreams of security and peace, and if I have to compromise, I will gladly compromise some of my privacy rights for the sake of a secure and peaceful world (maybe the fact of having kids changed the way I think), and we both know what Bitcoin can be, don't just think about what you see in Bitcoin, think also about what others sees in Bitcoin, many people will find it an excellent way to launder money, finance terrorism and criminal activities, and the best way to pay for illegal products such as child porn and weapons... I guess you see the big picture here.

I know that many people here are libertarians, and I know that they will really hate me for saying this, but I don't wish to live in a world where crime is considered the price or the cost of financial freedom, why not have both security and financial freedom at once?

schizoid

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Quote from: mmitech on August 19, 2015, 06:47:57 AM

you got that wrong my friend, if the miners switch to the new client, exchanges wont have any other choice but to follow, because the old chain will be dead..

Not really, because new miners can jump in and resurrect the old chain. There was a recent case of an altcoin, I don't remember which one, which tried to hard fork but couldn't because the one exchange it traded on stubbornly refused to go along.

heartastack

hero member

Activity: 714

Merit: 500

Quote from: everaja on August 19, 2015, 07:02:48 AM

Apart from guessing can anyone give a nearly Valid reason , why bitcoin price is decreasing much steeply today , whats the fate of Bitcoin , what do you feel ,it will Touch Minimum?

Do you ask taxi drivers and Bum's the meaning of life?

leetcoiner

sr. member

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THEY HACK THE BLOCKCHAIN but u don't know that yet... see the transactions

Master mind

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Quote from: everaja on August 19, 2015, 07:02:48 AM

Apart from guessing can anyone give a nearly Valid reason , why bitcoin price is decreasing much steeply today , whats the fate of Bitcoin , what do you feel ,it will Touch Minimum?

BTC will soon touch 2 cents. Wink

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

everaja

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~ScapeGoat~

Apart from guessing can anyone give a nearly Valid reason , why bitcoin price is decreasing much steeply today , whats the fate of Bitcoin , what do you feel ,it will Touch Minimum?

sAt0sHiFanClub

hero member

Activity: 546

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Warning: Confrmed Gavinista

Quote from: marcus_of_augustus on August 19, 2015, 06:57:49 AM

Quote from: mmitech on August 19, 2015, 06:46:51 AM

Quote from: becoin on August 19, 2015, 06:35:12 AM

Quote from: mmitech on August 19, 2015, 06:18:53 AM

many don't understand that the new code in XT will be active only if 75% of the network actually runs it

And many don't understand that the 75% is not of the network but of the mining pools. And this can be easily manipulated!

Anyway, XT altcoin fork is dead now. Block size debate was just a cover up now revealing hidden agenda to introduce among bitcoin users the XT client that is simply an IP logger and blacklist aggregator!

Well, I said this few years ago, Bitcoin is not BitTorrent, bitcoin is a financial instrument and will be heavily regulated, you can try to fight it now, but whether you like it or not, these things will eventually happen... or Bitcoin transactions will be deemed illegal and businesses will be forbidden from using it, and there the mass adoption dream vanishes in front of your eyes.

just another clueless shill for tyranny.

And you? You are just a knowledgeable shill for corporate interests. Or your own Bag.

marcus_of_augustus

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Eadem mutata resurgo

Quote from: mmitech on August 19, 2015, 06:46:51 AM

Quote from: becoin on August 19, 2015, 06:35:12 AM

Quote from: mmitech on August 19, 2015, 06:18:53 AM

many don't understand that the new code in XT will be active only if 75% of the network actually runs it

And many don't understand that the 75% is not of the network but of the mining pools. And this can be easily manipulated!

Anyway, XT altcoin fork is dead now. Block size debate was just a cover up now revealing hidden agenda to introduce among bitcoin users the XT client that is simply an IP logger and blacklist aggregator!

Well, I said this few years ago, Bitcoin is not BitTorrent, bitcoin is a financial instrument and will be heavily regulated, you can try to fight it now, but whether you like it or not, these things will eventually happen... or Bitcoin transactions will be deemed illegal and businesses will be forbidden from using it, and there the mass adoption dream vanishes in front of your eyes.

just another clueless shill for tyranny.

sAt0sHiFanClub

hero member

Activity: 546

Merit: 500

Warning: Confrmed Gavinista

Quote from: becoin on August 19, 2015, 05:52:28 AM

Quote from: Calabi–Yau Manifold on August 19, 2015, 05:48:08 AM

1BTC = 2BTC soon

After this crash XT fork is basically dead. I doubt Core devs will even discuss whatever block size increase now.

You should listen to Phill Potter on the whaleclub soundcloud. Crash was due to usual bitcoin leveraged hopium.

Please, do keep up.

mmortal03

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Quote from: becoin on August 19, 2015, 06:35:12 AM

Anyway, XT altcoin fork is dead now. Block size debate was just a cover up now revealing hidden agenda to introduce among bitcoin users the XT client that is simply an IP logger and blacklist aggregator!

Conspiracy theories are why we can't have nice things. There was no hidden agenda.

Fatman3001

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Make Bitcoin glow with ENIAC

Quote from: dreamspark on August 19, 2015, 06:41:26 AM

In the end the client will be decided by the exchanges not the miners.

What miner is going to mine a coin that then can't be sold on an exchange?

The same pretty much goes the other way around. I think it's fair to say that the different parts of the ecosystem depend on each other.

Quote from: mmitech on August 19, 2015, 06:46:51 AM

Quote from: becoin on August 19, 2015, 06:35:12 AM

Quote from: mmitech on August 19, 2015, 06:18:53 AM

many don't understand that the new code in XT will be active only if 75% of the network actually runs it

And many don't understand that the 75% is not of the network but of the mining pools. And this can be easily manipulated!

Anyway, XT altcoin fork is dead now. Block size debate was just a cover up now revealing hidden agenda to introduce among bitcoin users the XT client that is simply an IP logger and blacklist aggregator!

Well, I said this few years ago, Bitcoin is not BitTorrent, bitcoin is a financial instrument and will be heavily regulated, you can try to fight it now, but whether you like it or not, these things will eventually happen... or Bitcoin transactions will be deemed illegal and businesses will be forbidden from using it, and there the mass adoption dream vanishes in front of your eyes.

Let's wait and see if any of this is true. It reeks of sensationalistic fud. Or just some conspiracy theorists going off the rails again. Which is odd, since bitcoiners are such level-headed people.

becoin

legendary

Activity: 3431

Merit: 1233

Quote from: mmitech on August 19, 2015, 06:46:51 AM

Well, I said this few years ago, Bitcoin is not BitTorrent, bitcoin is a financial instrument and will be heavily regulated, you can try to fight it now, but you like or not, these things will eventually happen...

Bitcoin is not a financial instrument. Bitcoin is money. Gold is money too, not a financial instrument. Good luck regulating gold... and bitcoin.

Some people tend to forget:
"Bitcoin: A Peer-to-Peer Electronic Cash System" Satoshi Nakamoto

Cash is NOT a financial instrument! And never will be... hopefully!

schizoid

member

Activity: 73

Merit: 10

Quote from: becoin on August 19, 2015, 06:35:12 AM

Anyway, XT altcoin fork is dead now.

If you own bitcoin, you'd better hope not. The only thing holding the price up is the hope that the block size will somehow be increased. If bitcoin can't grow, it's a shitty investment and it's way overvalued.

Master mind

hero member

Activity: 691

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Soon will all see my 2 cent buy wall for BTC.

mmitech

legendary

Activity: 1148

Merit: 1001

things you own end up owning you

Quote from: dreamspark on August 19, 2015, 06:41:26 AM

In the end the client will be decided by the exchanges not the miners.

What miner is going to mine a coin that then can't be sold on an exchange?

you got that wrong my friend, if the miners switch to the new client, exchanges wont have any other choice but to follow, because the old chain will be dead... don't forget, miners are the sole of the network, Bitcoin rely on POW, so having X% of the mining power means controlling X% of the voting power in Bitcoin's network

mmitech

legendary

Activity: 1148

Merit: 1001

things you own end up owning you

Quote from: becoin on August 19, 2015, 06:35:12 AM

Quote from: mmitech on August 19, 2015, 06:18:53 AM

many don't understand that the new code in XT will be active only if 75% of the network actually runs it

And many don't understand that the 75% is not of the network but of the mining pools. And this can be easily manipulated!

Anyway, XT altcoin fork is dead now. Block size debate was just a cover up now revealing hidden agenda to introduce among bitcoin users the XT client that is simply an IP logger and blacklist aggregator!

Well, I said this few years ago, Bitcoin is not BitTorrent, bitcoin is a financial instrument and will be heavily regulated, you can try to fight it now, but whether you like it or not, these things will eventually happen... or Bitcoin transactions will be deemed illegal and businesses will be forbidden from using it, and there the mass adoption dream vanishes in front of your eyes.

dreamspark

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In the end the client will be decided by the exchanges not the miners.

What miner is going to mine a coin that then can't be sold on an exchange?

Dalmar

hero member

Activity: 1106

Merit: 500

Life is short, practice empathy in your life

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