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Is it me or both whoboi and okcoin turned down their random volume generators? Only seem to multiply volume on actual trades vs. constantly generating volume
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And Willy has been unplugged. Knew i shouldn't have said his name out loud. WTF is going on above ??  |
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That's rule 1, do not talk about Willy goddamn. But there are only few things people can look at forever, fire, water, sky, and Willy in action. Plus they're not even trying to hide him at least randomize the amounts and times a bit |
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Protip: Short ETH/BTC
Shhhhhhh don't give away all of the secrets  |
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How would you describe the last 3-4 days of market trading? Does it look like accumulation? Been staring at charts to much today. Just wondering.
Someone big is accumulating, yet someone big is dumping as well. Looks like the selling whale is easing up but he's still lurking. Need lots of volume to push through 600, i wouldn't rule it out over the weekend though as $580 is not getting dumped on. The dragon is still a nice big unknown with the $6 spread |
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so weekend has come,  do you think another nice pump will occur? or now is it bearish time. the volume has decreased significantly in the last few days. Bid side is forming up nicely on finex, BTC3k till $570 if that's any indicator now-a-days. Longs went down a bit too, so stocking up on popcorn for the weekend |
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 Don't worry lambie in due time we'll try to cover your special case too, you'll get a spork  |
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Yeah very deep thoughts. So to sum it up if you feel something is outside of your competence, don't do it. Being a surgeon, and building space rockets is outside of my and majorities competence. Eating soup, operating a vehicle, pumping my own gas, running a wallet software is not. Welcome to 20th century, times-a-changing. We'll try really hard to dull the edges and make it as idiot proof as possible so 90% of population can use it, but if you still fall in the 10% and are so incompetent that you're afraid of pocking yourself in the eye with a fork, you probably shouldn't use forks and bitch about fork manufacturers
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and when I pay for a beer, I don't want to worry about fat-fingering an extra digit or including unconfirmed inputs.
If you're an idiot you'd better let your government take care of you and your money. You wanna be your own practologist, banker and brain surgeon, you go right ahead. Something tells me you did try your hand at self-brainsurgeoning, and it worked out ...well, let's just say you tried  Seriously tho, I don't want to be my own ditch digger, bankster or ass surgeon, for basically the same set of reasons: I'd rather pay someone else to do it, someone who's good at it. It is like saying you'd rather pay someone to fuck your wife, someone who's good at it. Seriously tho, you can't pay if you can't pay because you don't know how money is used. Nah, I like fucking, so to have time for it & not have human females run away from me because covered in poo from my last attempt at being my own ass surgeon, I pay people to do the shit I don't like to do/ain't good at. See? It's as if I'm explaining basic earthling stuff to a martian, ffs Most people do. And that's the point. Most people also like to personally take care of their own money. Saying that you don't have time to take care of your money because you're too busy working to make money is extreme stupidity. I can only tell you that you're mistaken. I like having money, but I'm as tempted by the prospect of becoming my own bank as I am by digging through my bloody poo to lovingly suture my own rectum. Which is to say I can take it or leave it. Think i'm becoming a troll too cause i'm starting to agree with lambie more and more. People who don't have enough brain power to NOT put a 0 in the fees section probably should not be trusted with their own money. (And they should probably be kept away from sharp objects, and eating soup for the risk of drowning). But that's OK world needs people serving them food, cleaning streets, working cashier registers (no wait not this one they might push an extra 0) etc... If you figuring out how to turn on a computer, is equivalent to building a rocket ship to you, just give your money to me and i'll set your daily allowances to make sure you don't push an extra 9 when buying a pack of cig s because you like how the number 9 looks Probably shouldn't have access to a bank account either for the fear of wiring all of your money to Nigerian prince who wants to make you rich |
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@DaRude if you really have to talk to the trolls (Lambie) please don't quote them, the stupid hurts so much  Fare enough. Online wallets that still allow 0fee transactions to general public should be chastised though. Damn it she/he got me again |
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I do wonder why big mining pools just don't give an option like hey for all those people who tried to get on a bus without paying the fare send us your transaction ID (tell us where you are) and pay fees (fine) to this new address and we'll try to include your non paying butt on the next bus we run
Should put an end to all these stupid posts. Oh you didn't want to pay for the ticket? Well go to this site to pay your $0.25 fine and it should be included in the next block they mine
This what you're talking about? https://en.bitcoin.it/wiki/Transaction_replacementTL;DR: the problem with beetcoin is not that the fees are high, but that you don't know if you have enough money with you to be able to get off the bus, because, unlike a bus, beetcoin doesn't ask for your fare to get on. It lets you on, but if you don't have enough change on you? Have fun riding the bus. For the rest of your life  I am surprised that blockchain.info allows 0 fee transaction at all or at least without popping up a bunch or red warnings. That's the bus companies (wallets) fault, not surprised as i haven't heard anything good about their wallet for a while. You're trolling too hard transaction will eventually expire out of mempool but you probably already knew that (if you tried to get in without paying you might be stuck on the bus until they take you to the police station) |
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The future is finally here.
Of course, it is. People must finally understand that blockchain space is a limited and valuable resource. You have to compete to get included. And compete even more to get included fast! I can not believe these stories about transactions going unconfirmed for days. Bullshit. Very unlikely (like less than 0.0001% chance). I never had a transaction which did not get included at the next block, ever - of course i let my wallet software calculate the actual fee pressure and pay it, still highest fee ever paid was 0,0005, when the backlog was like 10k+ transactions, still got in the first block, np. Even if they send a zero fee transaction, they will be included in hours, from one of those "lucky block streaks". Also, bitcoins can not be in a limbo. They are either at the original address until moved in a BLOCK, or at the new address after included in a BLOCK. If these mythical "2 days in limbo" are real, they just have to import the WIF to another wallet (or resend if the wallet has that option), and resend the same transaction with more (or non-zero) fees, the miners will accept, since the bitcoins are still at the original address when checked on the blockchain (coins are "on blockchain", not in the wallet software "it is known!") the old address until confirmed in a block not to be). This "problem" is a FUD, any technically knowledgeable person will laugh on it...ps.: my message to these unicorn people: use a proper wallet with fee adjustment, and do not be a super cheap whiner on a 0.04$-0.08$ cost... EDIT: some actual math: for 2 days without confirmation, someone needs to show me a 48 hours period with an average of 288 consecutive blocks, which are: all 100% full, with EVERY SINGLE transaction above the minimum 0,0001 fee paid. Come unicorns, show me such a period. They can not, that's why it is either BS, or they actually did not send the transaction (broken SVP maybe?) to the network, but too dumb to check if it is in the MemPool... Please help i've been stuck here for 5 days, i keep offering $1 to get in a taxi but so far no one has picked me up!!! WHAT DO I DO?  I also been sitting in front of western union for those 5 days asking them to transfer my money to someone else for $0.25 (that's like 5x what i'd pay in BTC fees) they're also yet to accept me. Any advise?? I do wonder why big mining pools just don't give an option like hey for all those people who tried to get on a bus without paying the fare send us your transaction ID (tell us where you are) and pay fees (fine) to this new address and we'll try to include your non paying butt on the next bus we run Should put an end to all these stupid posts. Oh you didn't want to pay for the ticket? Well go to this site to pay your $0.25 fine and it should be included in the next block they mine |
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Please help i've been stuck here for 5 days, i keep offering $1 to get in a taxi but so far no one has let me in!!! WHAT DO I DO? I like your taxi analogy, only you don't pay taxis in advance -- you pay when you get out. Turns out she forgot her purse, doesn't have the fare cabby wants her to pay, and the cabby won't let her out without paying. So she's gonna live out her days in the back of the cab  Ahh cute analogy almost convinced me too, if not for AZwarel post above but that's ok don't let that discourage your little heart. You just keep on trying. The damn bus system is completely rigged though WTF bus driver wants me to pay when i get on?? Let's both get on bus forum and troll them to death who da f*ck they think they are!?! Subways, trolleys, and don't get me started on those damn airplanes  |
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The future is finally here.
Of course, it is. People must finally understand that blockchain space is a limited and valuable resource. You have to compete to get included. And compete even more to get included fast! I can not believe these stories about transactions going unconfirmed for days. Bullshit. Very unlikely (like less than 0.0001% chance). I never had a transaction which did not get included at the next block, ever - of course i let my wallet software calculate the actual fee pressure and pay it, still highest fee ever paid was 0,0005, when the backlog was like 10k+ transactions, still got in the first block, np. Even if they send a zero fee transaction, they will be included in hours, from one of those "lucky block streaks". Also, bitcoins can not be in a limbo. They are either at the original address until moved in a BLOCK, or at the new address after included in a BLOCK. If these mythical "2 days in limbo" are real, they just have to import the WIF to another wallet (or resend if the wallet has that option), and resend the same transaction with more (or non-zero) fees, the miners will accept, since the bitcoins are still at the original address when checked on the blockchain (coins are "on blockchain", not in the wallet software "it is known!") the old address until confirmed in a block not to be). This "problem" is a FUD, any technically knowledgeable person will laugh on it...ps.: my message to these unicorn people: use a proper wallet with fee adjustment, and do not be a super cheap whiner on a 0.04$-0.08$ cost... EDIT: some actual math: for 2 days without confirmation, someone needs to show me a 48 hours period with an average of 288 consecutive blocks, which are: all 100% full, with EVERY SINGLE transaction above the minimum 0,0001 fee paid. Come unicorns, show me such a period. They can not, that's why it is either BS, or they actually did not send the transaction (broken SVP maybe?) to the network, but too dumb to check if it is in the MemPool... Please help i've been stuck here for 5 days, i keep offering $1 to get in a taxi but so far no one has picked me up!!! WHAT DO I DO? I also been sitting in front of western union for those 5 days asking them to transfer my money to someone else for $0.25 (that's like 5x what i'd pay in BTC fees) they're also yet to accept me. Any advise?? |
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I don't believe in oracles that much but I don't think what you posted is oracle-related. It is indeed reality-related, it is related to facts. If people will start recognizing the true lie they live in, oh man, what a fun!
And then popcorns
Did someone say orcas? Ohh neverminf  |
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There is nothing theoretically preventing the price from dropping and miners going bankrupt, inducing lower difficulty.
Theoretically everything is possible but not always! I'd even accept this argument over marcus's logic where miners can't go bankrupt. Listen you lying, slippery little piece of shit ... no part of my argument ever said " ... miners can't go bankrupt..." ?? Do not try and put words in my mouth again. If you don't want to learn then just stfu and stop making the world a worse place for others who might want to learn. BTC price can't fall below cost of production = miners always make profit Miners make profit = miners won't go bankrupt And seems like i'm not the only one who can't follow your logic, maybe we're all dumb here and can't learn from you? And one more name calling and on ignore you go, you'd be the first "legend" Can't we all just get along? Rodney king said that, no? And, Britney Spears had her own rendition of that, too? I don't really see big differences in the speculations that have been going on regarding various miner incentives. Surely some of those speculations make more sense than others, and we all should realize that sometimes miners have a complex set of incentives based on the fact that they are both engaging in businesses and speculating regarding future price. Accordingly, sometimes their speculation may cause them to operate at a loss for a considerable amount of time, in a kind of gambling way, expecting that the speculation aspect of their BTC holdings is going to cause them to move from the red to the black (and with any gambling, such speculation may or may not pay off), but the bitcoin community as a whole will frequently benefit from such ongoing speculations and investments into bitcoin. Once miner decides to hoard coins instead of selling it's not the mining side of business that handles it but the investment/trading side so. For all purposes at that point it's an investment. Which just muddies up the argument if price follows the hashrate (indirect cost of production), or hashrate follows the price. They can establish their business model in any way that they want, whether that means cashing out on a daily basis or holding coins for years. It does not matter, and the whole bitcoin infrastructure does not give a shit about what they decide to do on an individual basis. If those coins are not available for circulation, then the bitcoin community will use whatever coins are available. In the end if the behavior of the miners causes there are not enough coins, the price of bitcoins will go up, and if there are too many coins the price of bitcoins will go down... so who gives a shit whether miners hoard coins or liquidate them immediately.. the market will adapt to whatever the supply is... and for the most part, bitcoin works the same, if the price is $1 per bitcoin or $1million per bitcoin, even though the interaction with other financial systems is going to differ whether there is a $20 million market cap or a $10 trillion market cap. Ultimately, each of the miners decide for himself/herself how many coins s/he is going to sell, if any, and the miners are a diverse of enough of group, at least so far, that they are likely not coordinating their decision(s) regarding selling/holding. If for some reason, the bitcoin market creates a space in which miners are able to coordinate their decisions, then likely the space is going to need to be reconsidered at that time. Right i'm sure most of them carry some inventory or sell them OTC at some preset price. But how does it matter if i as investor obtained those coins from mining them or buying them on the market? The minute the coins are mined i own them and carry the coins on my balance sheet, and the only thing that matter is the spot price and my perception of the market whether i feel it'll go up or down and the risk i associate with it. Portfolio new worth is evaluated on a daily if not by the minute for publicly traded funds. I don't care what my base price was (or my production price if that's how i obtained them), my decision doesn't depend on whether i got those coins at $10 in 2011 or $1200 in 2013 at least it shouldn't if emotions are not involved. JJG are you also saying that BTC price depends on the hashrate (production costs) and not the other way around??? |
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Are you saying that Chinese are throwing large brown dildos in space? |
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Wait till we hit 666.66 on the way down lots of walls popped up at that price |
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Dumping is strong on finex. Think we found some whales cashout point, or a price some miner is better of selling on market rather than OTC. $600 won't be easy. The dragon doesn't seem to care much though, $13 spread between finex and whoboi
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