Bitcoin Forum
July 02, 2024, 12:18:31 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 [125] 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 ... 417 »
2481  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 09, 2019, 03:46:50 AM
I thought it only maintained state after a short period and dumped the rest of the chain?  

In any event, I do fear a cryptocurrency that is both secure and only maintains state.  Whether or not Grin meets that requirement is not particularly important.

Hashgraph is 10x worse because it requires 10x storage.
2482  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 09, 2019, 03:33:37 AM
Popularity does not imply superiority by technical standards.

1.  Agreed.  Popularity does not imply superior technology.  

2.  Conversely, superior technology does not imply popularity.  Superior technology loses all the time, especially when going up against a competitor with entrenched network effects. Inferior protocols win. All. The. Time.

3.  If you are trying to build a global competitor to fiat, popularity and network effects are incredibly important.  

It is unquestionable that Bitcoin has stronger network effects than Bcash, by orders of magnitude.  

Further Bcash technology (BCH and SV) is inferior, because its security model is weak.  Its security model is weak for a number of reasons, all of which come back to a lack of effective decentralization. Without an effective security model, it is not an attractive store of value.  If you are not an effective store of value, you cannot gain network effects. 

If you have inferior network effect and inferior technology, then you have a snowballs chance. In the unlikely event that 8MB blocks became essential for survival, community consensus would rapidly coalesce around 8MB blocks, there would be a hard fork and BCH and SV would remain stranded assets. But the reality is that 8MB are completely unnecessary and would make BTC weaker, not stronger. Accordingly no such consensus exists.


 I am far more worried about a disruptive innnovation which does away with the need for a blockchain (such as Grin) than I am worried about a Bitcoin carbon copy with a couple of parameter tweaks.  


2483  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 09, 2019, 03:02:10 AM
Now where's my hat?

You can’t just waltz in here and demand a hat.

First you have to write a haiku.
2484  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 09, 2019, 12:21:34 AM
A schism for BTC is the exact thing that birthed Bitcoin Cash.

Yes and they all went away to make their own Bitcoin Cash forums and never bothered the Bitcoiners again and everyone lived happily ever after.
2485  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 09, 2019, 12:00:31 AM
In case you had not noticed, miners have always been happy to mine blocks large enough such that average wait tx latencies were darned near universally next-block or so. That is, until blocks became persistently full, making such performance impossible.

Who gives any shits about what miners want?  It’s irrelevant. Same as what users want.  That’s irrelevant too.

 Either they mine or they don’t.  So the incentives for mining are already built into bitcoin.   Same with users.  Either they use bitcoin or they don’t.  

Again, in bitcoin incentives are already well established from the beginning.  That’s what makes bitcoin so powerful as contrasted with the various shitcoin bitcoin wannabes.

You do realize miners vote?

The only vote miners get is upon which community vetted BIP they want to support.

We all learnt from UASF that miner flags don’t mean shit.  If the community decides to soft fork, it will do so. 
2486  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 08, 2019, 11:24:50 PM
In case you had not noticed, miners have always been happy to mine blocks large enough such that average wait tx latencies were darned near universally next-block or so. That is, until blocks became persistently full, making such performance impossible.

Who gives any shits about what miners want?  It’s irrelevant. Same as what users want.  That’s irrelevant too.

 Either they mine or they don’t.  So the incentives for mining are already built into bitcoin.   Same with users.  Either they use bitcoin or they don’t.  

Again, in bitcoin incentives are already well established from the beginning.  That’s what makes bitcoin so powerful as contrasted with the various shitcoin bitcoin wannabes.

You do realize miners vote?

1.  Miners don’t vote.

2.  If miners don’t like it, they can piss off. There’s plenty of other miners out there that would appreciate a slight hash rate drop.
2487  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 08, 2019, 05:00:39 AM
Everybody discussing walls and prices ... bear shows up and shit dumps a bunch of bcash shitposts 

Moi?

In what way is discussing the limitations inherent in the condition of persistently full blocks relevant to Bitcoin Cash? It ain't. Neither BCH nor SV have any concern about the negative effects of persistently full blocks.

Nay, it is BTC that need to contend with such a condition. These are BTC posts.

2488  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 08, 2019, 02:26:47 AM
Ready, aim ....


2489  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 08, 2019, 02:16:56 AM
All hell going to break loose if we make a higher high?

2490  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 08, 2019, 01:04:47 AM

Blah blah blah larger block blah blah


You have bcash and bsv with larger blocks, go there you have options. What part of we don't want larger blocks is so hard to comprehend

Yeah, I get it. But some here seem utterly oblivious to the consequences thereof.

No need to save us bro.  Go save someone else.
2491  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 07, 2019, 10:52:28 PM
We bounced off the 300 day MA last spike.  It is now sitting around $5300. 
2492  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 07, 2019, 10:36:53 PM
I think I can now safely predict we are going to close this weekly candle on the green.

Y so reckless?
2493  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 07, 2019, 10:35:43 PM
Wall pulled

It was not pulled. I watched every one of those 1700 coins get bought.

Well sheet that was fast then.   60 seconds for 800 coins?
2494  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 07, 2019, 10:32:50 PM
Wall pulled

Edit:  now there’s a buy wall @$4800.  Heh. 
2495  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 07, 2019, 10:29:03 PM
Exactly, as I predicted earlier $6-6.5 in Summer, $10-15k Fall and new ATH in December 2019.

I don't expect a new high until well into 2021 myself. And when it does hit it's going to be pretty electrifying. Regaining $1000 was the culmination of a seemingly endless slog. It was more relief than euphoria. Next time around there'll be more appetite and more expectation.

My predictions -

End of 2019 - $6,500 - $7,500
Price by the halving (May 2020) - $9,000 - $10,000 ish
New ATH - Some time in 2021
Over $100,000 - 2022

Quote me damn it Wink

Ok, but why would we dilly-dally until 2021 when some alts (which are reacting faster) already tripled or quadrupled since Dec-Jan?
I say that this dreadnought is heating up its main engine and is about to sail (fast).
I would not be surprised by above 10K by the EOY and a new ATH in 2020.

Shitcoins are irrelevant. Don’t be fooled.  Badger will move when it has finished its nap.
2496  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 07, 2019, 10:13:23 AM
He moved it in Jan 2018.  I’m sure he is just fine. 
2497  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 07, 2019, 10:08:55 AM
With a bit of navel gazing, biz jets might make sense for someone with 5,000 BTC at the top of the next bull.

Is Loaded still hodling?

https://blockchair.com/bitcoin/address/bc1q9sh6544xls87x7skjzyfhkty4wq7z76vn7qzq9

Fucking A.  Good for him.  

And yes that is a Segwit address with 40k BTC sitting in it.
2498  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 07, 2019, 09:07:48 AM
The nibbling on the wall (@stamp) is about to begin.

How big is it? 
2499  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 07, 2019, 09:04:13 AM
The last 15 minutes have been nice
2500  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 07, 2019, 08:39:43 AM
With a bit of navel gazing, biz jets might make sense for someone with 5,000 BTC at the top of the next bull.

Is Loaded still hodling?
Pages: « 1 ... 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 [125] 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 ... 417 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!