You guys are all wrong, it's clearly ETH getting dumped for BTC. Go look.
If that was the case than Finex would be leading the pack, where what's happening is the dragon is eating up all of the coins, ETH is just an after thought |
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Little coins for sale across all exchanges now  stamp just looks sad |
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Huh and just like that whoboi is out of coins for sale
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Small blockists are killing Bitcoin.
https://bitcoinfees.21.co/Which fee should I use?
The fastest and cheapest transaction fee is currently 40 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 9,040 satoshis (0.03$).It's short-sighted. What is important is not today but the future. In the future there'll be more capacity to satisfy actual txs (not spammy near-zero cost txs). That much is a given. So why the price is stagnating and VC investment is decreasing? Sure you computer geeks folks are cleverer than all the economic minded people on the planet. "Economic minded people" = the only model they understand is one of centralization, trust and counterparties. Trustless peer to peer economy is a foreign concept. Well no, economic models tend to account for centralization, trust, and counterparties. Amongst other things. The most discriptive/predictive ones tend to get complex, with maths and stuff. You, of course, reject them because 1. Decentralization itself is your objective (as opposed to maximizing wealth, knowledge, hippy stuff, etc.). If a model leads to solutions which do not require decentralization, into the trash it goes. Like rating cake recipes by the amount of Drano used. Angel food cake doesn't use Drano decentralization? Bad cake! 2. You simply don't understand conventional economics. I do not "reject" them. Bitcoin's success *depends* on them. We are in a town where there are 100 ice-cream shops (bank wires, western union, paypal and paypal clones, mobile payment systems, credit cards etc) but all these shops are offering just one flavor (=centralization). Arguably, not having "decentralized" doesn't mean those 100 shops are offering "just one flavor." Cherry Garcia and Chunky Monkey aren't "just one flavor," even though neither one contains chewy gizzards or rusty bolts. I'll even tell you why none of the hundred stores offer Gizzards 'n Bolts flavor: because it's a shitty flavor that no one in his right mind ever buys, that's why. A new ice-cream shop opens and provides a new flavor, breaking the 100% "monopoly" of the previous flavor.
Again, there is no monopoly, people simply don't like Gizzards 'n Bolts. This creates a booming market for the new entrant which starts at 0% and has enormous growth potential.
No. The reason a few quarts of Gizzards 'n Bolts got sold is not because it's a flavor the world has been waiting for, but because those quart containers were a convenient way to deal dope and launder money, in plain daylight. Unfortunately, the jackboots are on to that shit, hence dropping sales  Even if the new entrant captures ...just 1% of the pie of the centralized system, booom.
Please trust me when I say this: Gizzards 'n Bolts ice cream is kill, is not gonna catch on, not gonna capture 1% of the market. Taste it FFS! hahahahaha Somalirebel.. the fact that you answered with bullshit irrelevance shows that either you do not understand the concepts presented therein or that you had no answer to the substance of AlexGR's points... A sad day for you paid shill trollers..  So you're here trolling to prevent people from trying "Gizzards 'n Bolts ice cream" instead of letting them try it and make up their own mind? The public will vote regardless how hard you try to prevent them from eating ice cream |
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Huh where? The BTC200 order  |
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Small blockists are killing Bitcoin.
https://bitcoinfees.21.co/Which fee should I use?
The fastest and cheapest transaction fee is currently 40 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 9,040 satoshis (0.03$).It's short-sighted. What is important is not today but the future. VC and price speculator think ahead and they don't like what they see. Currently block space is perfectly inelastic, that's scary. In due time, this will cause a dramatic rise in fees and delays, and a decrease in demand. That's how the market deal with shortage: prices, delays and lowering of the demand. Already see a shop in a communist country? Well the same will happen in Bitcoin. The future is bleak. Everyone with an economic focused brain understand that. Meanwhile small blockists congratulated themselves because fees are low today. What's important is to keep it as decentralized as possible without F'ing up. The true use case is still pretty low and adoption has slowed a bit. Segwit and 2mb fork are in the works, even if we have an explosive natural growth next few months worst case i'm willing to pay $0.06 for a transaction instead of $0.03 when the blocks get crowded On what data relies your assumption that an increase in blocksize will decrease decentralization? Why decentralization is more important than network survival? Why do you think you will be able to defeat an economic shortage by paying more? So much question that you won't be able too answer. How about first you prove me that pushing that lever will NOT fuck things up? You know stuff that engineers do, and not, well, we can't conclusively prove to a 100% that it will blow up so fuck it lets try it and see what happens. Silly whabit because if there's one thing everyone (except for you?) can agree on is that there is no survival without decentralization. This would be a horrifically ineffective paypal#2 Think i was able TO answer no? Even Maxwell have said that 2Mb is safe for the network. You seem ill-informed. As been mentioned countless times, it's not a binary GOOD/BAD outcome, but a sliding scale. Bigger blocks lead to more centralization, that's a fact. Thus the argument is not if it's safe or not but rather how much worse will it be, that's the part that's debatable. And like you said worst case if BTC all of the sudden becomes a world currency reserve and banks are fighting for a space in a block i'm thinking it wouldn't take too long to swap a 1 for a 2 in the code |
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Small blockists are killing Bitcoin.
https://bitcoinfees.21.co/Which fee should I use?
The fastest and cheapest transaction fee is currently 40 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 9,040 satoshis (0.03$).It's short-sighted. What is important is not today but the future. In the future there'll be more capacity to satisfy actual txs (not spammy near-zero cost txs). That much is a given. Yeah... frequently there are these quasi abstract criticisms suggesting that core is not looking into the future enough... but really? You gotta walk before you run, and segwit seems to be the next best step, and there seems to be no real question that there will be timely scaling.. and yeah, if there were a real and actual emergency, some kind of actual blocksize limit could be implemented. The assertion of emergency has been exaggerated. "quasi abstract"  Yes some people are thinking while other are just parroting what their superior in the engineering pecking order told them. Gee lets see technological fuck up could be catastrophic on a $6B market, but sure lets rush it in to solve that non yet existing problem that may potentially come a bit sooner than expected through this explosive organic growth in next few months, and make everyone pay few cents more Technological fuck up? 2MB increase is safer than SegWit (way less complexities). On the contrary an economic fuck up is looming. All small blockists are in deny regarding that's problem. The clock is ticking but no need to panick, it's already too late. Ohhh no!! Are you saying that bitcoin is dead? http://bitcoinobituaries.com/ |
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Small blockists are killing Bitcoin.
https://bitcoinfees.21.co/Which fee should I use?
The fastest and cheapest transaction fee is currently 40 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 9,040 satoshis (0.03$).It's short-sighted. What is important is not today but the future. VC and price speculator think ahead and they don't like what they see. Currently block space is perfectly inelastic, that's scary. In due time, this will cause a dramatic rise in fees and delays, and a decrease in demand. That's how the market deal with shortage: prices, delays and lowering of the demand. Already see a shop in a communist country? Well the same will happen in Bitcoin. The future is bleak. Everyone with an economic focused brain understand that. Meanwhile small blockists congratulated themselves because fees are low today. What's important is to keep it as decentralized as possible without F'ing up. The true use case is still pretty low and adoption has slowed a bit. Segwit and 2mb fork are in the works, even if we have an explosive natural growth next few months worst case i'm willing to pay $0.06 for a transaction instead of $0.03 when the blocks get crowded On what data relies your assumption that an increase in blocksize will decrease decentralization? Why decentralization is more important than network survival? Why do you think you will be able to defeat an economic shortage by paying more? So much question that you won't be able too answer. How about first you prove me that pushing that lever will NOT fuck things up? You know stuff that engineers do, and not, well, we can't conclusively prove to a 100% that it will blow up so fuck it lets try it and see what happens. Silly whabit because if there's one thing everyone (except for you?) can agree on is that there is no survival without decentralization. This would be a horrifically ineffective paypal#2 Think i was able TO answer no? |
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Small blockists are killing Bitcoin.
https://bitcoinfees.21.co/Which fee should I use?
The fastest and cheapest transaction fee is currently 40 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 9,040 satoshis (0.03$).It's short-sighted. What is important is not today but the future. In the future there'll be more capacity to satisfy actual txs (not spammy near-zero cost txs). That much is a given. Yeah... frequently there are these quasi abstract criticisms suggesting that core is not looking into the future enough... but really? You gotta walk before you run, and segwit seems to be the next best step, and there seems to be no real question that there will be timely scaling.. and yeah, if there were a real and actual emergency, some kind of actual blocksize limit could be implemented. The assertion of emergency has been exaggerated. "quasi abstract" Yes some people are thinking while other are just parroting what their superior in the engineering pecking order told them. Gee lets see technological fuck up could be catastrophic on a $6B market, but sure lets rush it in to solve that non yet existing problem that may potentially come a bit sooner than expected through this explosive organic growth in next few months, and make everyone pay few cents more |
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Small blockists are killing Bitcoin.
https://bitcoinfees.21.co/Which fee should I use?
The fastest and cheapest transaction fee is currently 40 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 9,040 satoshis (0.03$).It's short-sighted. What is important is not today but the future. VC and price speculator think ahead and they don't like what they see. Currently block space is perfectly inelastic, that's scary. In due time, this will cause a dramatic rise in fees and delays, and a decrease in demand. That's how the market deal with shortage: prices, delays and lowering of the demand. Already see a shop in a communist country? Well the same will happen in Bitcoin. The future is bleak. Everyone with an economic focused brain understand that. Meanwhile small blockists congratulated themselves because fees are low today. What's important is to keep it as decentralized as possible without F'ing up. The true use case is still pretty low and adoption has slowed a bit. Segwit and 2mb fork are in the works, even if we have an explosive natural growth next few months worst case i'm willing to pay $0.06 for a transaction instead of $0.03 when the blocks get crowded |
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There...goes...3000 on whoboi followed by $450 on fines ... oh wait few minutes too soon
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Small blockists are killing Bitcoin.
https://bitcoinfees.21.co/Which fee should I use?
The fastest and cheapest transaction fee is currently 40 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 9,040 satoshis (0.03$).Stop with your math gibberish, if i just close my eyes and believe it really really hard i know that it'll be true |
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Why you pumping Alts here? Are we over ETH already and trying to pump LSK the next big thing now? Silly alts |
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My guess is ETH will get dumped to shit & never recover, I'm almost certain of it to be honest.
My money is on this option |
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Ahh perfect, we all remember how the last moon count down worked out. Now can you make yourself useful and tell me where i can watch the chart of ETH live like bitcoinwisdom before you go on the ignore list? |
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ETH is more of a hedge at the moment. BTC seems very unstable.
OMG!!! Are you really serious about that? How can Eth, a crazy overhyped and pumped to oblivion something, be a hedge against THE coin which is growing in terms of infrastructure, innovation and legitimacy? You must be kidding! Yeah i recall similar stuff that was said about LTC, ripple etc... silver to bitcoin's gold ... lets check how all of that ended  on second thought better not |
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...blah blah troll blah blah possibly NLC?? ...blah blah NLC answering to him(her?)self? ..blah blah you're feeding... You do know of the existence of the ignore button right? |
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Finally a green candle with some volume
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Ha Finex shorts are up 50% from 9.5k to 14k+ in 3 days. Almost there, getting my torch ready Of course shorts are up, why would anyone go long on BTC now? You must be new Even BTC-e is over finex now, spread with China is coming close to $10 (according to bitcoinwisdom exchange rate) but please do go on a bit more  |
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