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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21126. (Read 26720873 times)

legendary
Activity: 1512
Merit: 1005

Ok, while I think it's great that "Satoshi" has resurfaced to fight the Gavinistas, I do think that the hard limit must indeed increase (perhaps to 2mb, maybe in a few years it could go higher?)

But the 101 proposal of doubling every couple years is pure insanity.

This is not just a ledger that might exist on a few select locations around the world. This is a ledger that should exist on every computer around the world. The best security or guarantee of authentic transactions is when as many as possible can hold and parse the full Blockchain. This will not happen if you just double by arbitrary rule instead of calculated increases decided by need.
Technically speaking I have NO opinion on the block size. I just know when I see assholes (Mike + Gavin).

But they are our assholes.

I know, that's why we should be short until they are gone...

Short now, or forever hold your longs...
legendary
Activity: 1106
Merit: 1007
Hide your women

Ok, while I think it's great that "Satoshi" has resurfaced to fight the Gavinistas, I do think that the hard limit must indeed increase (perhaps to 2mb, maybe in a few years it could go higher?)

But the 101 proposal of doubling every couple years is pure insanity.

This is not just a ledger that might exist on a few select locations around the world. This is a ledger that should exist on every computer around the world. The best security or guarantee of authentic transactions is when as many as possible can hold and parse the full Blockchain. This will not happen if you just double by arbitrary rule instead of calculated increases decided by need.

That reminds me of the Statists who claim that government expenditures should be based on need. What is not said but logically follows is that whoever determines the "need" ends up with all the power. Let the market decide.
legendary
Activity: 1498
Merit: 1000

Ok, while I think it's great that "Satoshi" has resurfaced to fight the Gavinistas, I do think that the hard limit must indeed increase (perhaps to 2mb, maybe in a few years it could go higher?)

But the 101 proposal of doubling every couple years is pure insanity.

This is not just a ledger that might exist on a few select locations around the world. This is a ledger that should exist on every computer around the world. The best security or guarantee of authentic transactions is when as many as possible can hold and parse the full Blockchain. This will not happen if you just double by arbitrary rule instead of calculated increases decided by need.
Technically speaking I have NO opinion on the block size. I just know when I see assholes (Mike + Gavin).

But they are our assholes.

I know, that's why we should be short until they are gone...
legendary
Activity: 1512
Merit: 1005

Ok, while I think it's great that "Satoshi" has resurfaced to fight the Gavinistas, I do think that the hard limit must indeed increase (perhaps to 2mb, maybe in a few years it could go higher?)

But the 101 proposal of doubling every couple years is pure insanity.

This is not just a ledger that might exist on a few select locations around the world. This is a ledger that should exist on every computer around the world. The best security or guarantee of authentic transactions is when as many as possible can hold and parse the full Blockchain. This will not happen if you just double by arbitrary rule instead of calculated increases decided by need.
Technically speaking I have NO opinion on the block size. I just know when I see assholes (Mike + Gavin).

But they are our assholes.
legendary
Activity: 1498
Merit: 1000

Ok, while I think it's great that "Satoshi" has resurfaced to fight the Gavinistas, I do think that the hard limit must indeed increase (perhaps to 2mb, maybe in a few years it could go higher?)

But the 101 proposal of doubling every couple years is pure insanity.

This is not just a ledger that might exist on a few select locations around the world. This is a ledger that should exist on every computer around the world. The best security or guarantee of authentic transactions is when as many as possible can hold and parse the full Blockchain. This will not happen if you just double by arbitrary rule instead of calculated increases decided by need.
Technically speaking I have NO opinion on the block size. I just know when I see assholes (Mike + Gavin).
legendary
Activity: 1512
Merit: 1000
@theshmadz

Ok, while I think it's great that "Satoshi" has resurfaced to fight the Gavinistas, I do think that the hard limit must indeed increase (perhaps to 2mb, maybe in a few years it could go higher?)

But the 101 proposal of doubling every couple years is pure insanity.

This is not just a ledger that might exist on a few select locations around the world. This is a ledger that should exist on every computer around the world. The best security or guarantee of authentic transactions is when as many as possible can hold and parse the full Blockchain. This will not happen if you just double by arbitrary rule instead of calculated increases decided by need.
hero member
Activity: 840
Merit: 1000
Doubt that's actually Satoshi. His other email was compromised, this one could very well be too.
hero member
Activity: 723
Merit: 503

how can we be sure its him? there's no gpg key. wouldn't have satoshi used its key to prove its him? that means its not him.
legendary
Activity: 1106
Merit: 1007
Hide your women

Whoever wrote that is not the real Satoshi. I know this for the same reason I know that Dorian is not the real Satoshi. The syntax of the language is all wrong. The vocabulary, the phrases, the tone. It's bullshit.

The arguments for keeping block size small have all been addressed adequately.  They are not compelling.  There must be some real reason that the small bock size contingent is not wanting to reveal and it has everything to do with their own narrow self-interest and nothing to do with concern over the success of the project. 

price is down less that $4 over the fork. That's small enough so far to be statistical noise. I actually HOPE we get some real dumpage so I can increase my holdings, but so far nobody has hit the panic button. I suspect these small-size folks are in for a rude awakening re: how much power they actually have. 
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1498
Merit: 1000
Cheezez guys. Grow up. Forget that email.

A blessing for traders! Never boring in Bitcoinland  Cheesy
legendary
Activity: 1512
Merit: 1005
Cheezez guys. Grow up. Forget that email.
hero member
Activity: 742
Merit: 500
going down to helllllllllllllllll!!!!!!!!!!!! Shocked Shocked Shocked Shocked Shocked
 Roll Eyes

i don't mind if it's hitting 100$ Grin
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
NY residents needed to withdraw their BTC from Bitfinex by 4pm Eastern today or the balances would be converted to USD. About 250 BTC in shorts opened this last hour...I overheard lots of fud in the chatrooms about the "Finex dump" so let the gamblers gamble...

I wonder how many NY users they have. I guess it wasn't a lot of notice if you were busy elsewhere getting on with life.
hero member
Activity: 924
Merit: 1000
NY residents needed to withdraw their BTC from Bitfinex by 4pm Eastern today or the balances would be converted to USD. About 250 BTC in shorts opened this last hour...I overheard lots of fud in the chatrooms about the "Finex dump" so let the gamblers gamble...
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