Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22392. (Read 26608969 times)
March 18, 2015, 04:20:26 PM
260 BREAKING
March 18, 2015, 04:19:12 PM
https://www.youtube.com/watch?v=imamcajBEJs
https://www.youtube.com/watch?v=ST2H8FWDvEA
Some theme music for the bulls that refuse to sell
https://www.youtube.com/watch?v=ST2H8FWDvEA
Some theme music for the bulls that refuse to sell
March 18, 2015, 04:17:43 PM
ROFL
March 18, 2015, 04:17:10 PM
After a hard fork, as long as both branches survive, there are twice as many bitcoins around. If you had 100 BTC before the fork, then after the fork you have 100 "Series A" BTC and 100 "Series B" BTC.
Do you really not understand that when you say 'series A bitcoin' and 'series B bitcoin', you are really saying 'bitcoin', and 'some altcoin'?It's true that you will have a free supply of 100 units of the alt coin, which may or may not retain value over time, depending on whether anyone continues to mine it - but you will still only have 100 bitcoins - whichever branch eventually establishes itself as the 'real' bitcoin.
Do you really not understand that either series can claim to be the real bitcoin, and that either or both could survive, depending only on political factors?
At the last hard fork, everybody agreed that "Series B" was "the real bitcoin" and "Series A" should be excommunicated and left to die, even though "Series A" was "the real bitcoin" for a while after the fork point.
If a kid creates a hard fork on his laptop, almost certainly every other bitcoiner will consider "Series B" an insignificant altcoin, and continue viewing "Series A" as "the real bitcoin".
If Gavin does a hard fork to increase the block size, my bet would be that "Series B" will again be accepted as "the real bitcoin" and "Series A" will quickly die out. But I do not think that this outcome is totally certain; if Gavin bungles the politics, conceivably "Series B" could be rejected by the community, or there might even be a schism, with Sunnis and Shiites both claiming to have "the real bitcoin".
March 18, 2015, 04:16:08 PM
haha, the way some ppl here freak out certainly lends credence to the mental illness thread. i'm chillin'.
March 18, 2015, 04:15:26 PM
Where is the bottom??? My longs on margen is called... will this fall stop soon???
When the other 22 million longs start getting called as well ...
March 18, 2015, 04:15:23 PM
Where is the bottom??? My longs on margen is called... will this fall stop soon???
hello friend!
no need to worry now. have a cigar.
March 18, 2015, 04:15:04 PM
Where is the bottom??? My longs on margen is called... will this fall stop soon???
relax
everything is going to be fine
GTFO WHILE YOU STILL CAN THIS IS THE END!
March 18, 2015, 04:13:16 PM
Where is the bottom??? My longs on margen is called... will this fall stop soon???
March 18, 2015, 04:11:53 PM
"Bounce or die" time
It's basically sell or die from here.
March 18, 2015, 04:09:49 PM
Well Said!
The sad truth is that not only does Jorge fail to comprehend how PoW consensus works, but he also fails to understand why Bitcoin is sound money. He has spent a year on here, most of that time totally wasted, including the time of many of us here in this forum who are willing to learn from others.
It really doesn't matter, he's just going to change the subject to another ill-conceived FUD talking point, and grace us with some patronizing wall of text, and set pedantic traps for people to respond to so he can launch into some pre-conceived nonsense he was planning to all along. I think this kind of behavior is a cautionary tale of what is to be expected from your garden-variety self-appointed do-gooder asshole who comes to the discussion motivated purely by an agenda and veritable attics full of unacknowledged political baggage.
I think you really need to get a hold of yourself there. If you dont like what he says, just move on. If what he says annoys you so much that you are inclined to write the above drivel, then you really need to reassess your life's priorities.
At least others had the ability to argue a point.
I think you really need to get a hold of yourself there. If you dont like what I say, just move on. If what I say annoys you so much that you are inclined to write the above drivel, then you really need to reassess your life's priorities.
At least others had the ability to argue a point.
March 18, 2015, 04:09:40 PM
"Bounce or die" time
March 18, 2015, 04:09:24 PM
Huh all while leveraged longs keep creeping up. This cant be good
March 18, 2015, 04:09:17 PM
whales with everyone's USD and everyone's bitcoins are currently pwning me.
March 18, 2015, 04:07:09 PM
i'm calling it;
officially panic time.
officially panic time.
Where the heck is your guns???
March 18, 2015, 04:06:43 PM
March 18, 2015, 04:04:07 PM
i'm calling it;
officially panic time.
officially panic time.
March 18, 2015, 04:02:54 PM
It's time to let your pride and ego at the door and accept the fact that you are getting scammed by bitcoin and its ecosystem over and over again. If you want to change your life for the better, just visit
You will thank me later.
You will thank me later.
March 18, 2015, 04:00:18 PM
Priced out of the Law - to fight the landlord they would have to pay a $150K bond. Hense the bankruptcy
Lol, no. Another shifty Bitcoin "non-profit" organisation gets owned.
*Bonus points for totally humble & not overreaching name
March 18, 2015, 03:59:43 PM
As I recall, your original claim was that it would be possible for 'any kid with a laptop' to effectively remove the 21M bitcoin cap. This is NOT an example of that happening.
After a hard fork, as long as both branches survive, there are twice as many bitcoins around. If you had 100 BTC before the fork, then after the fork you have 100 "Series A" BTC and 100 "Series B" BTC.
As I clearly said every time, whether people bother to mine and use each Series is a political and marketing qestion. There is no technical obstacle to both series of bitcoins surviving and retaining some value (but quite likely their combined total value will be no greater than what the "Series A" were worth before the fork).
At the last hard fork, everyone agreed to abandon the "Series A" bitcoins and use only the "Series B" ones. If we have another hard fork to increase the block size, some people seem to be willing stay on the "Series A" branch. I don't know what will happen, but, agan, it will be decided by political processes, not by technical mechanisms.
Do you really not understand that when you say 'series A bitcoin' and 'series B bitcoin', you are really saying 'bitcoin', and 'some altcoin'?
It's true that you will have a free supply of 100 units of the alt coin, which may or may not retain value over time, depending on whether anyone continues to mine it - but you will still only have 100 bitcoins - whichever branch eventually establishes itself as the 'real' bitcoin.
Why do you bother? I don't know if he can qualify as a tldr-troll or just a stubborn idiot, but he won't budge.
And he sort of shows the limitations of other people I respect on this forum.
He's managed to engage people like oda.krell and others in long winded discussions where he is impervious to reason, but manages to make them believe that they are having a real discussion rather than him using them as his soapbox.
It's no use. Let it be.
I just wrote him a detailed reply how the consensus mechanism works. I think i have nailed it and he understands, if not, i has the power of ignore:)
It was a good read. Others will appreciate it even if The Most Honorable Professor Doctor Stolfi doesn't.
Jump to: