Where's 300? What happened? Somebody skip lunch?
I want details!
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21172. (Read 26712874 times)
July 29, 2015, 08:34:47 PM
July 29, 2015, 08:17:14 PM
Only the biggest corporations (and TLAs) who can run PanoptiCoin nodes will have privacy ... and an asymetric information advantage over the plebes.
Those that are committed enough to run a full node handling 1MB blocks, will likely retain the same commitment with 2MB blocks. I'm not buying the argument that any increase in throughput automatically leaves us with a handful of nodes run by corporations and governments.
I am in favor a small increase, like Jeff's 2MB. Mainly to break the ice that has formed over this polarizing debate and to measure and study the impact in preparation for more long term scaling solutions.
Yeah I think we can handle 2 MB or maybe even a hike to 4 MB, if it was held there for at least 3-4 years.
Doubling every 4 years, i.e. at rate of upload bandwidth limit growth, makes sense for the next 5-10 years ... and then who knows. Quantum computers or whatever next best cryptocoin is always the unknowable just around the corner anyway.
Not sure if we can defend 8MB and growing rapidly though, looks like a slippery slope trap!
July 29, 2015, 08:08:58 PM
Only the biggest corporations (and TLAs) who can run PanoptiCoin nodes will have privacy ... and an asymetric information advantage over the plebes.
Those that are committed enough to run a full node handling 1MB blocks, will likely retain the same commitment with 2MB blocks. I'm not buying the argument that any increase in throughput automatically leaves us with a handful of nodes run by corporations and governments.
I am in favor a small increase, like Jeff's 2MB. Mainly to break the ice that has formed over this polarizing debate and to measure and study the impact in preparation for more long term scaling solutions.
July 29, 2015, 08:02:16 PM
July 29, 2015, 07:56:36 PM
Every time the big block, big brother, panopticoin bitcoiners come out in full force the price dumps ... any wonder?
The market is just coiling like a spring, ready to explode once all participants realize a maximum of 3 tx per second, forever, is CRITICAL for bitcoin's success
300,000 tx per day is actually not bad for a settlement rail. Growing within upload bandwidth limits puts us at 1.2 million tx per day currently and doubling roughly every 4 years.
No need to hand over all our financial histories to the PanoptiCoin mike H. and his Googley-eyed buddies at the NSA.
Your complete financial history has been on the public blockchain from the first transaction you made. I don't see how 2MB blocks would change this.
Only the biggest corporations (and TLAs) who can run PanoptiCoin nodes will have privacy ... and an asymetric information advantage over the plebes.
July 29, 2015, 07:55:52 PM
Your complete financial history has been on the public blockchain from the first transaction you made. I don't see how 2MB blocks would change this.
use darkwallet then.
bitcoin is a protocol. we can build apps to solve specific problems.
July 29, 2015, 07:37:50 PM
Every time the big block, big brother, panopticoin bitcoiners come out in full force the price dumps ... any wonder?
The market is just coiling like a spring, ready to explode once all participants realize a maximum of 3 tx per second, forever, is CRITICAL for bitcoin's success
300,000 tx per day is actually not bad for a settlement rail. Growing within upload bandwidth limits puts us at 1.2 million tx per day currently and doubling roughly every 4 years.
No need to hand over all our financial histories to the PanoptiCoin mike H. and his Googley-eyed buddies at the NSA.
Your complete financial history has been on the public blockchain from the first transaction you made. I don't see how 2MB blocks would change this.
July 29, 2015, 07:32:53 PM
Every time the big block, big brother, panopticoin bitcoiners come out in full force the price dumps ... any wonder?
The market is just coiling like a spring, ready to explode once all participants realize a maximum of 3 tx per second, forever, is CRITICAL for bitcoin's success
300,000 tx per day is actually not bad for a settlement rail. Growing within upload bandwidth limits puts us at 1.2 million tx per day currently and doubling roughly every 4 years.
No need to hand over all our financial histories to the PanoptiCoin mike H. and his Googley-eyed buddies at the NSA.
July 29, 2015, 07:31:10 PM
There will be time when Chinese exchanges will be irrelevant! 
Care to elaborate more please
July 29, 2015, 07:28:14 PM
mongolian mega mines dump 
July 29, 2015, 07:20:09 PM
Every time the big block, big brother, panopticoin bitcoiners come out in full force the price dumps ... any wonder?
The market is just coiling like a spring, ready to explode once all participants realize a maximum of 3 tx per second, forever, is CRITICAL for bitcoin's success (as neckbeard pokemon cards).
July 29, 2015, 07:10:11 PM
Every time the big block, big brother, panopticoin bitcoiners come out in full force the price dumps ... any wonder?
July 29, 2015, 07:08:33 PM
290 not holding anymore, be ready for the dump, cut your looooses while you can
The book talking from you and galix is transparent. At least dress it up with some wall observation or something.
Play nice friends, perhaps build a bridge from the middle of the river. And think of it... you all now share the auspicious flair of obnoxious signature ads to pad your considerable stashes.
July 29, 2015, 07:02:14 PM
July 29, 2015, 06:51:48 PM
looks like Bitcoin is still not ready for prices above 315$ this year....
Considering that 1mil usd worth of BTC gets bought every day, and that just to keep the price at current level, I'd say we're doing pretty good.If same demand exists by this time next year, after the reward halving...I'll let you fill in the blanks. July 29, 2015, 06:50:50 PM
290 not holding anymore, be ready for the dump, cut your looooses while you can
The book talking from you and galix is transparent. At least dress it up with some wall observation or something.
July 29, 2015, 06:47:35 PM
290 not holding anymore, be ready for the dump, cut your looooses while you can
July 29, 2015, 06:37:18 PM
Connection to a VPN node through Bitnet is virtually invisible because this network is decentralized.Once connected, you can see what they see, while nobody else can see you. This VPN is, in ways, the “first civilian TOR.”
This project has huge implications that should not be overlooked. Crypto needed this.
IRC built in wallet.
This project has huge implications that should not be overlooked. Crypto needed this.
IRC built in wallet.
July 29, 2015, 06:34:17 PM
we break 300 tomorrow.
a human breaks wind 15 times a day, on average.
July 29, 2015, 06:23:45 PM
"Bitnet network is an encrypted virtual network independent of the Internet, in which you can set up your own website,This technology allows you even to set up a web site in an internet LAN set up. Bitnet network have their own independent domain name system, P2P network, more secure and transparent."
I think this one has been creeping low on alot of radars and it was partially due to people not understanding what the coin was about. Their new website just went up and looks fresh..
Old article :
http://www.coinssource.com/bitnet-vpncoin-the-next-step-into-a-virtual-world-of-anonymity/
I think this one has been creeping low on alot of radars and it was partially due to people not understanding what the coin was about. Their new website just went up and looks fresh..
Old article :
http://www.coinssource.com/bitnet-vpncoin-the-next-step-into-a-virtual-world-of-anonymity/
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