The number of transactions a day is increasing and the blocks are getting fuller.
Good. So, it is time to increase the minimum tx fees. People must understand that they have to compete for blockchain inclusion. The sooner the better!
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There have been deleted posts warning people of potential loss too. Then not long afterward there was a lot of loss.
Have you sold your bitcoins at the bottom? That was the time when those warnings appeared! I'm not talking about trading. The warnings were about an exchange that remains nameless. I fail to see what is the connection between that 'nameless' exchange and XT altcoin?
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There have been deleted posts warning people of potential loss too. Then not long afterward there was a lot of loss.
Have you sold your bitcoins at the bottom? That was the time when those warnings appeared!
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theymos is right. If you want to comment the future of XT altcoin you should NOT do it on BTC threads. Open XT altcoin discussion and say whatever you want to say. Nobody will delete your threads. "A rose $hit by any other name would smell as sweet"Corrected for you.
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theymos is right. If you want to comment the future of XT altcoin you should NOT do it on BTC threads. Open XT altcoin discussion and say whatever you want to say. Nobody will delete your threads.
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That was Blockstreams game plan from day one.
What plan? To keep Satoshi bitcoin and not allow XT altcoin fork?
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- Very soon libsecp256k1 will be used for verification, which speeds up initial sync time by 400%-700% and reduces CPU load for all full nodes.
- A segregated witness softfork will be done ASAP (within 3-6 months, probably). This will at least double the effective transaction capacity (ie. it is equal to or better than BIP 102), and at the same time it will provide features important for safely scaling even more in the future.
- There will not be any hardfork for at least the next ~year.
- To pave the way for scalable hardfork max block size increases (which will eventually be necessary), and because it is already dearly needed, improved block/tx broadcasting technology such as weak blocks and IBLT will be implemented, hopefully soon after SegWit.
- The BIPs necessary for efficient deployment of Lightning are already in the pipeline and should be rolled out in 2016. Lightning will allow for almost all of the security, features, and decentralization of Bitcoin transactions while drastically reducing the number of on-blockchain transactions that each individual will need to perform. This is expected to be the real eventual solution to scaling.
Excellent! Exactly my vision.
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i feel is waaaay to risky to buy bitcoins at 400+ in an economic environment that is worsening each day
?... Risky economic environment is excellent for bitcoin! Not necessarily. If people start having less money due to a decreased ability to borrow and leverage, or otherwise, then they won't have as much speculative money to support the price. Speculative money is the dollar. People that can't afford to be speculators have their money in gold, silver and bitcoin. People who can't afford to be speculators have their money in food, their mortgage payment, their car payment, and running their business. Haven't you heard about 'savings' and what it is all about? https://en.wikipedia.org/wiki/SavingMy savings is in gold, silver and bitcoin. People that keep their savings in dollars are just speculators! Were discussing what could happen in a weakened economy. The weakened economy of 2008 created bitcoin. Since then every major economy in the world is getting even weaker and buried under even bigger mountains of debt. Your GMO food, mortgaged house, leased car and indebted to banks business are worthless. Assets that can't be easily confiscated are gold, silver and bitcoins.
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i feel is waaaay to risky to buy bitcoins at 400+ in an economic environment that is worsening each day
?... Risky economic environment is excellent for bitcoin! Not necessarily. If people start having less money due to a decreased ability to borrow and leverage, or otherwise, then they won't have as much speculative money to support the price. Speculative money is the dollar. People that can't afford to be speculators have their money in gold, silver and bitcoin. People who can't afford to be speculators have their money in food, their mortgage payment, their car payment, and running their business. Haven't you heard about 'savings' and what it is all about? https://en.wikipedia.org/wiki/SavingMy savings is in gold, silver and bitcoin. People that keep their savings in dollars are just speculators!
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i feel is waaaay to risky to buy bitcoins at 400+ in an economic environment that is worsening each day
?... Risky economic environment is excellent for bitcoin! Not necessarily. If people start having less money due to a decreased ability to borrow and leverage, or otherwise, then they won't have as much speculative money to support the price. Speculative money is the dollar. People that can't afford to be speculators have their money in gold, silver and bitcoin.
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i feel is waaaay to risky to buy bitcoins at 400+ in an economic environment that is worsening each day
?... Risky economic environment is excellent for bitcoin!
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So anybody knows wtf is happening at Coinbase I also would like to hear people's wisdom on this. Don't keep large amounts of bitcoins on your bitcoin exchange account. Don't forget MtGox. Sooner or later, one way or another, your bitcoins will be confiscated by panicking state or quasi-state actors.
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wasn't the drive to $1000 created by the willybot so that when it all came unstuck the price simply went down to around where it might have otherwise have been.
No, the drive to $1000 was created by greed and increased adoption. The willybot has nothing to do with it. It all came unstuck when the US government confiscated MtGox's bitcoins and later sold them out to crash the market.
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the price has gone from $250 to $450 (up 80%) in just 2 months with no real positive news eg no increased adoption etc.
IMHO, price has gone from $1000 to $250 in just one year with no real negative news. And BTW, adoption is constantly increasing!
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Which of you is reckless enough to stand beneath the Stamp avalanche? I pity the fool!
I pity the fool that is standing beneath the avalanche of worldwide Bitcoin adoption.
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epic fight here A bear whale fighting for their life but just digging deeper in the sand.
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Supposed to be some type of possible implosion on Dec 16 when they raise interest rates, so owning Bitcoin on that date is a pretty good idea.
There will be no raise. They'll find excuse to not raise rates. But owning Bitcoin is always a pretty good idea on every date.
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Looks like it wants to make a small jump up
nailed it Wow, nice one! How did you see that coming if I may ask? It's easy. The bear whale will try to buy back all the bitcoins they sold out yesterday before Monday. It is not possible without new top though.
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Stamp Whale Bear looking angry. I smell a correction.
Sometimes whales get it terribly wrong. I smell a whale dying on the sand.
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I took some profits just under 450$
Please take all your profit. We need all the bitcoins you have.
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