This sideways movement has low volume, but for now there's good support/buy pressure. It feels like a very controlled series of swings. I placed a couple of conservative buy orders just under the recent lows. That was yesterday and none of them has been filled yet - even partially. Ready to BTFD if a significant dip indeed comes.

EDIT: I talked too early. It's going down fast, but it's still above my buy orders.

You can contract several such third-parties with a "Reward after the bust, first one to catch the thief gets the money" kind of agreement. The fraction of channel value rewarded to the thief hunter would be such to grant maximum attention while leaving a significant profit to the "victim". Talk about opportunities.

Fair enough. I don't see this as a negative thing, though. Not implying you do, either.

The simple risk it might be so is too much for me. I like it the way it is now, with LN on top. I had a big block of ice fall on my head when I was a child, you know. To each his own (childhood traumas included).

Or anyone else, acually.


The would-be fraudsters would pay with their whole channel stake. If this isn't a good enough deterrent...

And you replied BTC is as cartelized as BCH (which I don't think is a correct statement).
Cartel consisting of plainly visible J.Wu and R.Ver, plus some likely big shots of the PBOC/Chinese Party/Government who (will) use then (especially Wu) as a sock puppet as soon as the need arises.

I understand they helped fix a couple bugs in the code with public suggestions. Why would they? Probably just to ridicule the reckless coding that was going on.


The potential set is.

They might have a little more control in Bitcoin than in Bcash, because they don't have Sauron with the master ring above them.


They seem to be abandoning Bcash. As long as there's the original chain to rely on, we're good.


Right. You arguments are generally much better than "big big big!". The problem with you is you mix fact and opinion/construction in a clever way, and separating chaff from grain is hard work. So I was just trying to have some fun explaining why I find there's a point beyond which it's not worthwhile to extend the discussion. Some people are pissed off by lengthy debates that run in circles.

You must admit, however, than the childhood trauma gag ("bitten by a small block") was quite funny  

That's the way I see it too - and the reason why sometimes I do bother to write a detailed, articulated, civil reply. But still the exact mechanism of picking the wrong horse escapes me. It must be pretty dark in that barn.

OK, you take the hairy guy then. I'll go for dumb, boring prime T&A.

Preventing them to the point of making them too hard to implement reliably - at least, as of now. If the emergency situation grants hurrying to hardfork a blocksize change, why not fix transaction malleability first?


Less interesting, but isn't the point about functionality rather than academic interest?

Offhand innuendo, pff. The attitude behind this reply is one of the reasons I got tired of replying.  I am referring to the number of active developers (not just the ones with commit rights!). The fact that one client is more popular on the main bitcoin fork doesn't mean it's controlled by a cartel. Open source development and free client choice produced this result.

To me, the mess they made with the fork and the EDA is the mark of incompetence. If it weren't for some of the Core developers, I imagine they would still be there trying to figure out "why the hell doesn't it work, hurr durr?"

Another prime example of offhand innuendo in my probably biased opinion - and, most importantly, factually incorrect for all I know. Nearly all miners for BCH are in China. Jihan is a Chinese citizen who no doubt is scared shitless of the Gubment and its appendices (like PBOC). Jihan can shut off the whole merry-go-round at the touch of a button - by just restraining his support (like "miner hardware shall only be paid in BCH from now on") or by whispering a few nice words to select clients (big miners). All it takes is the Party to make him an offer he can't refuse.


I mean taking control of Bitcoin by replacing it with Bcash. By doing so, developers would be under Jihan's, Ver's (and PBOC's) thumb. Censorship can happen. Moderate (or unreasonable!) inflation can be programmed as a "fair reward" for miners (most likely friends of the Party), who would become something like a miniature Central Bank, with similar privileges and arbitrary power. Anything can be perpetrated easily, if full nodes become so few as to be irrelevant.

It hasn't been demonstrated to my satisfaction, though. Some things show their value only when they are sorely missed. Full nodes are one of these things IMO.


Depends how much they're holding, and how much they care about rules that preserve the system their wealth depends upon.

Right, they do too.

My bandwidth can't. Even in "civilized" nations, some areas can't devote all that bandwidth to a single household - if such significant bandwidth is there in the first place.


See the point above, before "merchants".


The number of bytes per se is scalable, of course. It's the resulting solution that doesn't scale well.


Not ignoring, but I feel stuck in a loop and it's bad for my health!  

Gigantic OT, apologies in advance.


Instrumental musicians? I sense a tautology.
(For the unaware: it's an inside joke about singers  )

Not sure, but I'm afraid not. I suspect it's the brain activity involved in making music that makes the magic happen.

I don't think I've heard it before. Certainly nothing big like Abba or Europe.

You seem to like BCH a lot, which IMO is not a rational strategy. This dissonance is unresolved as yet. A few reasons:

- BCH doesn't fix transaction malleabilty, ruling out L2 solutions which are the scaling solution in the medium (possibly long) term.

- BCH is controlled by a cartel. Their coders are clueless. The cartel is likely under the heavy hand of PBOC. They use guerrilla tactics (esp. transaction spam) to gain control.

- Big blocks will stifle adoption. Yes, that's the old "Raspberry pi in rural Afghanistan" argument. Even I, not in rural Afghanistan, would stop my own homespun node (not a pi though) if pressed by bandwidth and storage limits. "Be your own bank" implies the ability to run your own full verifying node.

- More adoption will come when we have a scalable system. Big blocks aren't scalable.

You know all these things already. You are too intelligent not to see the logical implications. So, my fuzzy inference is: you have other reasons. Not saying you are necessarily a paid shill, although it can't be ruled out. The "more reason" I was (and am) asking of you is an effective, documented rebuttal of my points or some subjective reason that goes beyond "I like big big big! Blocks big, me happy!" Something like "I was bitten by a small block when I was a child, try to understand my shock" would be a little better, but as you understand, still not quite satisfactory.

Music also helps to keep us young. See the incredible age managed by famous conductors, often still in full activity.

I've kept on using the original Opera well into my Windows XP years. It used to be the best browser under all aspects. Fast, secure, customizable, dependable, obedient to the user (not to the website).
Unfortunately, they weren't able to maintain their Presto engine anymore, so they switched to Chromium, and now Opera is only a Chrome clone with a difference. I'm still using it on the sites where it works, but most of my browsing is on Firefox these days.

I'd say a cable can't hurt. It really depends on the bandwidth required. Not sure GPU mining can actually manage without a solid ethernet cable. A full (non mining) bitcoin node would at least choke a bit on wifi.
For authoritative answers, you'd better wait for one of our miners to chime in.

You mean you get out of here? 
J/k, we need some contrary voices sometimes.
Keyword: SOMETIMES! 

And - sorry for repeated posting, but I'm getting a bit excited - is there any new gospel from masterluc? Was the last dip "it"?

Not at all impossible. Now could be a nice time to long some of them futures if one had balls and access to the platform. Or better yet last week, with a slightly larger dose of balls.

Thanks for cheering up, fabiorem and conspirosphere! My favorite indicators (RSI/Stoch RSI) are still all in neutral (around 0), that's why I asked  

EDIT: on the 12h chart, I mean.

Going up nicely. Small bulltrap or real lift?

And you, try and take a look at the other github.