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1921  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 19, 2015, 11:43:25 PM

I know some speculators reverted to fiat at the end of the year because of accounting/taxation uncertainties in previous years. If these uncertainties have been cleared up it might be less selling pressure towards the end of the month than I originally feared.
 
Or I could be talking out of my ass. Who knows?

I'm actually specifically waiting till 2016 before I do any fiat/btc exchanges, for tax purposes. I'd prefer not to do any trading at all, but if there's a move I might trade on margin.

I hope you're indicative of what's to come early next year. I'm half expecting fireworks.
1922  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 19, 2015, 11:40:46 PM

Hey! That's not my ass!



Is it?
1923  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 19, 2015, 11:34:06 PM

I know some speculators reverted to fiat at the end of the year because of accounting/taxation uncertainties in previous years. If these uncertainties have been cleared up it might be less selling pressure towards the end of the month than I originally feared.
 
Or I could be talking out of my ass. Who knows?
1924  Economy / Speculation / Re: Automated posting on: December 19, 2015, 06:38:58 PM

THE BUTTERFLY EFFECT!!!!!
FLY BITCOIN!!!!!






WEEEEEEEEEEEEEEEE!!!!!!!!





WOOOOOOOOOOOOOOOOOOO!!!!!!




1925  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 19, 2015, 04:22:55 PM

I feel a disturbance in The Force!
1926  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 19, 2015, 02:03:33 PM

New lambie candidate: https://www.youtube.com/watch?v=OMM_HjKlrOI
1927  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 19, 2015, 01:49:53 PM

Theymos?

Moral disengagement?

Never!!!
1928  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 19, 2015, 01:42:16 PM


Yes it is , hdbuck. Just walk through it and never look back.

Oh, and please don't violate Star Trek like that.
1929  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 19, 2015, 01:24:55 AM
In any event, when Bitcoin becomes more mainstream we will see regular computer nerds start firing up nodes. We're talking about a sizable group of individuals who'll spend as much as BJA spent on his "swampnode" on a keyboard.... with fancy buttons with programmable led's (Fingers crossed. Bring it to me Santa!!!).

I'd love if that were true but we've reached a considerable percentage of the nerd market in the last few years and yet for the amount of nodes count as never been lower.

It is true. When you push a button the led's ripple through the keyboard. Or you can highlight buttons you frequently need to use... or need to avoid. I doubt it's as useful as I imagine it to be, but let's not let reality get in the way of a good nerdgasm.
1930  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 19, 2015, 01:11:40 AM
Fatman, you mine. I wouldn't consider you a threat to decentralization. What size blocks do you figure would keep fees low and keep you running smoothly? If prices are higher, is there more competition for txn's? Or will small mines have a harder time solving blocks?

*sorry for all the n00b questions. I've just been informed I'm on the verge of hero status. I still know nothing. Undecided

Block size isn't a huge problem for regular miners. As CConvert2G36 points out, I only send my hashes and receive work from the pool. We're talking about tiny amounts of data. The pools can afford to pay for decent internet and/or a hosting service.

The "real" problem is the non-mining nodes who don't get paid to transmit transactions. But I think you and I pretty much agree here. There's enough decent internet in the world to keep the network running with far bigger block sizes. Storage is getting cheaper and cheaper. HW in general is getting cheaper and cheaper. If you live in an area with shitty internet you might want to avoid running a node. But those areas are getting fewer and farther between.

Some "anecdotal evidence" might suggest that people are running their nodes over wifi, which I would strongly recommend against if you want to use you internet for anything else.

In any event, when Bitcoin becomes more mainstream we will see regular computer nerds start firing up nodes. We're talking about a sizable group of individuals who'll spend as much as BJA spent on his "swampnode" on a keyboard.... with fancy buttons with programmable led's (Fingers crossed. Bring it to me Santa!!!).
1931  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 18, 2015, 11:57:01 PM
^What he said. Don't make me open up my Multibit!

Multibit, eh?

Hmmm....

You might wanna check it again in the morning.

MUAHAHAHAHAHAHAAAA!!!!!



Just thinking about it is sort of like thinking back to when you've been kicked in the nuts.
1932  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 18, 2015, 11:45:31 PM
^What he said. Don't make me open up my Multibit!

Multibit, eh?

Hmmm....

You might wanna check it again in the morning.

MUAHAHAHAHAHAHAAAA!!!!!
1933  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 18, 2015, 11:43:14 PM
any trains coming?

YEEEEEAAAAAAAAHHHHHH!!!!!!




Disclaimer: Haven't got a clue
1934  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 18, 2015, 11:09:56 PM
To be fair to small-blockers, there's simply no elegant way to scale Bitcoin.
Some things just ain't meant to be Sad

Nothing wrong with Ugly Early.
1935  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 18, 2015, 10:34:28 PM
I saw this earlier and hope/think Greg will reconsider and keep fighting the good fight against Gavin's minions.
This is not LOTR, nor Warcraft. Genuine people have genuine disagreements. There are no minions.... on Gavin's side.
There are. Only on Gavin's side. He's trying to increase the size of blocks which breaks Bitcoin. He's some sort of socialist, corrupted by the CIA or went crazy but what he's doing is fighting Bitcoin. There is no logical reason to choose for bigger blocks other a strive for centralization, control by the government and the loss of utility of Bitcoin itself (and in effect a loss off value). He's advocating changes which make my holdings worth less. That makes you my enemy.

“The treacherous are ever distrustful.”

“He that breaks a thing to find out what it is has left the path of wisdom.”

“Go back to the abyss! Fall into nothingness that awaits you and your master!”

“It is not despair, for despair is only for those who see the end beyond all doubt. We do not.”

“For even the very wise cannot see all ends.”
1936  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 18, 2015, 10:08:37 PM
buyers are strong and numerous. bitcoins is back! feels good


crap
1937  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 18, 2015, 09:57:29 PM

It's another bloody hoaxer who didn't sign his email or provide any other cryptographic proof he's Satoshi. Do we have to endure another "I am Satoshi" hoax every few weeks? Discussions about the last one haven't finished yet, and now we have another.

Not only is the letter stupid, but the article is stupid as well. Coin Telegraph really debased their reputation with this clickbait.

Which is quite an impressive feat.
1938  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 18, 2015, 09:53:23 PM
The hoaxes will be indefinite. It's beginning to appear as the community helping keep the scent far from the real Satoshi(s); Mixed wit some random greed. This is good in the grand scheme of things. The cointelegraph article looks like a hoax to pump ETH.

The battle for $450+ is appearing that we could easily rocket to $680 once the forbearance is nullified. I think we will all be pleasantly surprised.

"I am agree with some analyst that if Bitcoin and Blockchain invention bring a Nobel Prize it will definitely be a good news for Bitcoin and digital currency"


It's not even a hoax, it's more like a joke.

Edit: "...the greedy aliens are disturbing me too much..."

Sort of looks like lambie.
1939  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 18, 2015, 09:46:11 PM

I guess we should buy ether then.
1940  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 18, 2015, 09:42:45 PM
If Maxwell succeeds and forking Bitcoin from it's vision as a true P2P currency that anyone can use...

GMax has abdicated his bitcoin github commit access. This is a significant development. Stated reason 'personal'. Speculation on inferred subtext may include 'ragequit' - dunno. Net result: less support for 1MB4Eva within the core team.

BULLISH!

There's no question Greg's a smart guy, and one of Bitcoin's stronger intellects. His technical ability will be missed. However, he seemed ideologically blindered to smallblockianism. I think this is a net positive.

The way he handled the anti-BitcoinXT "Satoshi"-email made me trust him quite a lot less. He does seem to have invested more of his ego in this blocksize debate than he could afford to lose. So it might be for the best for all concerned that he withdraws a bit.

In any event, he is not irreplaceable. If he were, Bitcoin wouldn't be worth much.

I saw this earlier and hope/think Greg will reconsider and keep fighting the good fight against Gavin's minions.

This is not LOTR, nor Warcraft. Genuine people have genuine disagreements. There are no minions.... on Gavin's side.

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