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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7427. (Read 26731399 times)

legendary
Activity: 4284
Merit: 5215
You're never too old to think young.
legendary
Activity: 3654
Merit: 8909
https://bpip.org
legendary
Activity: 1652
Merit: 4393
Be a bank
legendary
Activity: 3920
Merit: 5565
Note the unconventional cAPITALIZATION!


We are comfortable with different trade offs.  I think a distributed system with the least amount of trust possible is worth more than you do.

Well, no. I think that placing your trust in the lowest common denominator is trust misplaced.

Further, I am not looking for a system 'governed by the technocratic elite', I am looking for a system with enough capacity to be money for the entire world. And 3-7 tx/s just ain't gonna cut it.

OK.  So how many transactions per second do you think is the minimum we should aim for?

5 doesn't scale... neither does 100.

How about 1 transaction per day for half of the people alive as a starting point?  (Still waaaay too small really)

That's (I am guessing) about 40k/sec.  Which would be what? 40Gbish blocks?

So Google and, Amazon and a handful of world governments will be who we trust to keep the blockchain??

It seems to me scaling the blockchain by making it bigger and keeping it safe from control and collusion is impossible.

Hmmm. So it would seem that your claim is that it is impossible for BTC to be the default monetary system for the world.

Allow me to disagree. I mean, it _could_, should it not be intentionally crippled. Accordingly, thank god for the big block chains.

That is not at all what I am saying.  What I am saying is we are going to have to scale it to make it be that.  Either it scales in layers with the BTC blockchain being the settlement layer, or we up the block size ala BSV.

What I am saying is when we do it the latter way it is going to be the realm of the super powerful to keep up with it enough to run nodes... and we coalesce into a system worse than the current one.
legendary
Activity: 1834
Merit: 4197
and a clinical inability to respond to simple questions or respond with a straight forward simple answer.  

What the hell are you on about? Looking back three pages, you have addressed exactly zero questions to me, let alone ones unanswered. Unless you're confusing yourself with some sock.

The hell I am on about is you JB. You argue, you deflect, you seem disingenuous in your statements from time to time so one has to carefully parse what you write and post in a thread that has nothing to do with your preferred narrative.

For example..there are pages back where you argue over the definition of decentralisation that any cypherpunk worth his/her/its salt knows down to their bones. That it is a safer, more secure system than the centralised entities that make up the legacy financial system and to a certain extent, the bitcoin ecosystem. I am not going to waste yours or my time going back to find quotes..you know what I am talking about..or at least I hope you do.

I think I have made it very clear this thread is not a echo chamber..and there are times when I appreciate your postings..they make you actually think about things which in my mind is a good thing. Its the style you go about it that I have a problem with. Some archaic code of honor or other such bullshit flares up every now and then when reading the tap dance you seem to enjoy deploying in this thread.

As far as the sock thing goes...just lol. No socks here..just the same thread bare and heavily used one I have worn since I crawled up out of the cesspool of shitcoins and scammers that seems to make up the majority of this forum. At times I feel like a shuttlecock in some strange game of three sided badminton, trying to find safety somewhere in the middle to little avail. Be that as it may, I believe that small blocks and third layer solutions is a better way than a bloated big block chain.

tc
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
^^
Cheesy
Nuff' said! Cool

This : https://youtu.be/8zKuoqZLyKg?t=2843
Yes I like it and it's a shame that he does not speak for Bitcoin anymore. He lost himself.
Edit:
This seems fun: https://www.youtube.com/watch?v=LszOt51OjXU
"I see you are taking my real dollar and giving me virtual money in return" - LOL
REAL DOLLAR?
Printed out from a printer LOL
Magic money: A bitcoin documentary - Fukkkkin' so old already!
https://www.youtube.com/watch?v=PVo5wCSnmSs

Both Roger Ver and Tone Vays are Bitcoin OGs. You can dismiss them if you like but you can't take away they were early adoptors and have thousands of eyeballs viewing of what they have to say.
Even if these viewers are newbies in the space.
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
* achievement unlocked *
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
They stabilized the dollar LOL

https://www.youtube.com/watch?v=iRzr1QU6K1o

Nixon protected the American economy but not the entire world. It's funny how rest of the world adopted with it.
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
This : https://youtu.be/8zKuoqZLyKg?t=2843

Yes I like it and it's a shame that he does not speak for Bitcoin anymore. He lost himself.

Edit:
This seems fun: https://www.youtube.com/watch?v=LszOt51OjXU

"I see you are taking my real dollar and giving me virtual money in return" - LOL

REAL DOLLAR?
Printed out from a printer LOL
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
It just might need a "Shazam!" to get it to move much. Grin
Last time it flopped I guess LOL
Quote
What else is there to really talk about? Price hah! Cheesy
Not a place to talk about shitcoin creators.
Yet he is talking about BTC in the interview and this was before he created his own version of it with BCH craptopia.
VPro documentary: 2015
Bitcoin cash is a cryptocurrency created in August 2017, from a fork of Bitcoin. Bitcoin Cash increases the size of blocks, allowing more transactions to be processed. The cryptocurrency underwent another fork in November 2018 and split into Bitcoin Cash ABC and Bitcoin Cash SV (Satoshi Vision).

Watch the video at 47:00 you will get a good laugh from the above screen of this docu.  Grin
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
It just might need a "Shazam!" to get it to move much. Grin
Last time it flopped I guess LOL


Quote
What else is there to really talk about? Price hah! Cheesy
Not a place to talk about shitcoin creators.
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
Why are we talking about a scammer?
Edit: I see post about both of them LOL
What else is there to really talk about? Price hah! Cheesy
It has been kind of stuck at $9530 for the last three hours. But I aint complaining. Wink
It just might need a "Shazam!" to get it to move much. Grin

https://bitcointalksearch.org/topic/m.54332844
Thought you and everyone else on the cryptoplanet knew about where his self-imposed moniker came from. Shocked
Can you just give me a time on the video where he explains the story? I'd rather not have to watch the whole thing.
The announcer states this at the 7:52 mark. But at the beginning it does come off as a shilling of Roger Ver but far from it being his gospel as the name imposes. It actually makes him come off as a crook Cheesy.
They let you decide what you think of what he has done for the bitcoin community by the end of it. Quite old from 2015 but still something to watch in it's entirety if you have 48:53 minutes to kill while waiting in line a the local grocer.
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
Theymos if you reading this you must immediately respond to my DM and prepare 300 Bitcoin what you need to send to 1DRxKbDPjXukzpfQkNZXVNLNgge1JXNjMt or I swear I expose the real identity of Satoshi Nakamoto!

In the DM I said more than enough for you to know this is far from joke!

Troll alert! 😜
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
Update from @ChartsBtc

Quote
Need less than 7 doublings to get #bitcoin over $1,000,000Reloj de pulsera



Source: https://twitter.com/ChartsBtc/status/1286673881533571072
legendary
Activity: 4284
Merit: 5215
You're never too old to think young.
Bitcoin Jesus?

More like Altcoin Jimmy Jones.
legendary
Activity: 3010
Merit: 8114
https://bitcointalksearch.org/topic/m.54332844

Thought you and everyone else on the cryptoplanet knew about where his self-imposed moniker came from. Shocked

Can you just give me a time on the video where he explains the story? I'd rather not have to watch the whole thing.

This was the version I was familiar with:

Quote
“I believe Peter Vessenes [chairman of the Bitcoin Foundation] gave me the title when we were at a BBQ together. I was explaining bitcoin to about two dozen high school kids. The kids were all enthralled by bitcoin, and hanging on my every word,” he told CNBC.

https://www.cnbc.com/2013/12/02/meet-bitcoin-jesus-a-virtual-currency-millionaire.html
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
Why are we talking about a scammer?
Edit: I see post about both of them LOL
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
you're the only one around here who sees Roger Ver or Craig Wright as "god".  Cheesy
Except themselves of course.  Cool
Well Roger Ver was dubbed Bitcoin Jesus at one point, so that's pretty close. He swears he didn't come up with the nickname himself, but I don't think he minds it.
It starts off with yours truly Roger Ver talking about transactions and thought it was going to be all about kissing up to bitcoin jesus himself but then was gladly corrected when they mention about his past in dealing with cryptocurrencies. Along with him selling illegal fireworks then serving jail time for it.
So it wasn't a one sided documentary to my surprise. Wink
https://www.youtube.com/watch?v=8zKuoqZLyKg


"I'm sorry but I get so angry.."
https://bitcointalksearch.org/topic/m.54332844

Thought you and everyone else on the cryptoplanet knew about where his self-imposed moniker came from. Shocked
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