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2841  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 13, 2016, 09:28:56 PM
sometimes you have to drain the swamp to get rid of the diseases
2842  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price soaring. Are you going to move some BTC into ETH? on: March 13, 2016, 09:27:19 PM

Vitalik  is not the only dev on ethereum. There are over 70.  Vitalik  has created the idea and whitepaper already.


yeah but the market wont care about that, it is all based on FUD, hype and perception. Mike Hearn wasn't even a real core developer and his tantrum dropped bitcoin 20%.

If Vitalik disappears ethereum would crash, there's way too much hype centralising it around one poor kid who's way out of his depth ... it's kind of sad how they are exploiting him.
2843  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price soaring. Are you going to move some BTC into ETH? on: March 13, 2016, 09:16:50 PM
It might be a bubble but 1 billion marketcap and still growing can't really be a p&d. It's time for Bitcoiners to acknowledge there's a new kid in town. Just check what Ted Rogers, president of Xapo is saying on Twitter:

"blocksize restriction by Core & centralization of dev in 1 company has made #bitcoin the slow incumbent & #ethereum the agile disruptor"
Put all BTC in ETH. It's game changer.

When the block size issue is resolved in bitcoin, the bitcoin price will rise again. At the moment, there is too much concern about the unity of the bitcoin community.

Dude, that won't happen overnight, it may never happen...but one thing is for sure, Coinbase, Circle, Xapo and other exchanges are companies that are getting frustrated, that's a fact, so they are at war. And they are in the business of making money, not some fatso anarcho idealist bullshit. They sure don't like missing all the ETH action and if ETH continues its uprising for another month I think it's only a matter of time many announcements and deals will be made.

Now, like I said many times in this thread, I'm not a complete ETH fanboy, I know there is a lot of risk of ETH having a sharp drop in the near future (not sure from where though...) and since I've went almost all in in 90s mark I sort of safe to at least get my money back with some profit. But at the same time, I also think there's a slight chance the real bubble starts in the next weeks when it hits mainstream news and bitcoiners start to move more and more to ETH...

Nothing as big happened in crypto since Bitcoin bubble in my opinion, LTC was a joke compared to this. So even if ETH doesn't quite make it or loose steam, it will be a wonderful lesson for all of us and even a great lesson to BTC devs to get their shit together once and for all. Not that they can fix BTC as a payment system, it's completely unusable and worthless if they are still trying people to adopt it...

what happens if Vitalik gets ill? or kidnapped god forbid?

then there is the crazy proof of stake experiment in a year ... ether is huge pump and dump to crypto world but it is just toy for Morgan Stanley who have $4.5 trillion under wealth management. You guys are on your own doing the best puppet dance for your new masters than they could ever command you to do ...
2844  Economy / Economics / Re: [CHART] Bitcoin Inflation vs. Time on: March 13, 2016, 09:07:02 PM
When people talk about inflation, it's in the context of whether their money will buy less in the future, and people buying bitcoin as an inflation hedge are hoping that it will preserve their purchasing power better than the dollar.

Nobody cares about money supply except to the extent that it affects prices.

... and money supply always affects prices, it is the time delay that is unpredictable.
2845  Economy / Economics / Re: Martin Armstrong Discussion on: March 13, 2016, 09:06:08 PM
Trump wants to audit the Federal Reserve and clean out the stables.

Return US dollar to constitutional money, new Gold Standard coming?
2846  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price soaring. Are you going to move some BTC into ETH? on: March 10, 2016, 10:11:34 PM
bankster pump altcoin ... much surprise.
2847  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 10, 2016, 07:00:27 AM
this place is just a nonstop bankster troll thread ... total dump now you have bitched yourselves to the banksters
2848  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2016, 09:35:56 PM
^^ lies have a limited shelf life, truth keeps forever.
2849  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2016, 09:01:20 PM
up next the B2B adoption wave is incoming ... an average 10-25x increase in transaction size, these will be SME looking to do cheap international transfers ... few years after that will be the medium large corps, small financial firm, insurance, banks.

http://cointelegraph.com/news/b2b-bitcoin-payments-on-the-rise

bitcoin is like a fungus growing into all the gaps, cracks and niches that banking doesn't work well for ... only when it is everywhere and impossible to remove will it become obvious that it has taken over, like a creeping fungus
2850  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [announce] Namecoin - a distributed naming system based on Bitcoin on: March 08, 2016, 08:33:47 PM
Someone said it has something to do with https://zeronet.io/

What an elegant extension of Namecoin.

DotBit lives!!!   Cool

looks like they are going the right way about it so far, so easy to get your own secure site up.
2851  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2016, 03:54:54 AM
That reminds me I should cash out some of my ETH on a swag new watch...Is what I would be saying right now if you people had told me the shot. Why'd you keep it a secret, hey?!? Angry

Lambie must be rollin' in swag. Embarrassed

lambie got a lambo and now's all cool with the crypto revolution?

must have been unrequited lust was the source of all that angst and inner poison ... money lust that is
2852  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2016, 03:45:04 AM
https://www.youtube.com/watch?v=MoNU_-__LlQ

if we are trading cards, you'll find a place in your heart for this beautiful mind.
2853  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2016, 02:51:48 AM
Quote
In the beginning there was only darkness, then Satoshi said to Nakamoto "do we have consensus?" and then there was lightning.

ftfm
2854  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2016, 02:35:46 AM
http://www.zerohedge.com/news/2016-03-07/they-blew-it-all-hookers-blow-and-fancy-toys-%E2%80%93-hedgie-sees-lower-oil-soaring-gold-qe
They blew it all on hookers, blow and fancy toys ... tale of caution for anybody thinking they might like to get rich quick.
2855  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2016, 02:27:25 AM

In the beginning there was only darkness, then Satoshi said to Nakamoto "do we have consensus?" and then there was light.

Love this LOL'ed, I had a side bet (a like clockwork prediction) with "my other shillls" Cheesy  that you'd come here and insult me.  Roll Eyes

I'm actually pretty simple to get along with ... play fair, don't try to lie, cheat, steal, distort the facts and you're all good. Step out of line and you're fair game for the full suite of insults, trolling and wrath that the internet makes available.

I really used to like your contributions and it was with a heavy heart when I watched you fall in with a bad crowd.  Cry
2856  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 08, 2016, 01:21:40 AM

In the beginning there was only darkness, then Satoshi said to Nakamoto "do we have consensus?" and then there was light.
2857  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2016, 01:35:40 PM
On top of that, Segwit is not a scaling solution. Neither is the raise to 2MB blocks. Both do temporarily fix the current full blocks issue though.
There is no full block issue. There is spam issue. As soon as spam attack stops everything is perfectly normal. Increasing blocksize does nothing to solve spam issue. You can not solve spam issue by giving spammers more free space to spam!

Hmm... I don't understand you. 1MB blocks allow a really low amount of tx and btc is spreading. Of course there is a block size issue! Simply because the adoption of btc is rising and numbers of allowed tx is the staying the same!
Sorry, I don't respond to people with paid signatures. 99% of them don't understand what they're talking about. What they do care is only how much posts they make.

Thanks for this wonderful argument.

But as it happens, some users have paid sig to earn a few bucks while posting, not posting for the few bucks.

I believe I understand what I'm talking about: currently 1MB size limits the btc network to something around 2000 txs per block.

Now simple calculation please: 2000/10min means 12 000/h means 288 000/day

Now I might be dumb, but it means current network can't handle 300 000 users daily. So now explain me how network can scale?

See, even a 'dumb' person can see that it cannot scale. For a bitcoin system that wants to cater for 10 million -1 billion customer base increasing blocksize is a largely ignorant approach (a band-aid on a gunshot wound), the most technically sound decision here is to saturate the base layer ASAP to gather data and build out higher layers as necessary based on that information.
2858  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2016, 11:06:54 AM
china's gonna light yer ass up
2859  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 07, 2016, 03:27:09 AM

Miners ain't gonna fork it because it would cause a crash. Miners are not in charge. The market is in charge.  WE have to crash it or miners won't do shit.  But nobody wants to do it because of FOMO.  

"miner's are in charge!"   ".... the devs are in charge!" ....  ".... the market is in charge!" ... your bi-polar is getting to the point you might need some intervention if you won't seek help
2860  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price soaring. Are you going to move some BTC into ETH? on: March 06, 2016, 10:53:39 PM
Has anyone bought some pizza with ether yet?
Send me 10,000 and I'll order you a couple of pizzas. I'll throw in some chicken wings for free.

I heard someone was going to make a contract to walk their dog using ether scripts. That would be something to do with ether ... but sounds a bit contrived cheesy lameness. Hope they don't print too many ethers for those swiss holon parties.
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