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4361  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 05, 2018, 08:09:37 PM
...I'm betting Roger Ver stepping back onto US soil is a disaster waiting to happen for him.

As I understand, he has tried on several occasions, but he is always denied a visa.

It's like you guys think he's Dr. Evil or something.  He was here in November for God's sake.  Here's a picture we took together at SFO airport as "proof."  Roger is a great human being and an awesome ally of Bitcoin.


No, its just that all you guys are misplaced. You are wrong about the nature and situation with Bitcoin. Your solutions are not the best ones. You have let emotion and short sightedness direct you away from a coherent long term strategy. And now you shill an altcoin that isn't even as good as Litecoin.

Bing-freaking-o.
4362  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 05, 2018, 08:05:39 PM
Troll species going extinct here or what? Getting nervous a little. Step up please, I want to see that troll strength index increase, so I could expect another price jump. Walonek where you at bro???

Troll behavior is meant to take advantage of your emotions. There's not nearly enough fear right now for them to capitalize on. However, when the price falls below 50% of the ATH, the noise will start to increase. In a way, trolls are a representation of our inner uncertainty, which grows stronger as external reinforcement declines (deep, isn't it?).

One you have seen the cycle a few times it is kind of uncanny.  Early on I would attribute this to paranoia or confirmation bias.  But like I said... watch the pattern enough times and it becomes pretty obvious.
4363  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 03, 2018, 01:39:24 AM
I've been trying to get my dad to buy bitcoins since the price was $2. He just called me tonight and said he wants to buy some. Not a good sign.

 Just make sure to teach him how the wallet works and have patience with him; last thing you want is for him to lose the coins.





I'm doing it for him. He doesn't even know how to hold a mouse properly.

Soon people will begin to realize this is an even more important reason for L2 development than the blocksize issue.

I remember chuckling when this thread got into the bitcoin opsec rabbithole a few dozen pages back.  I mean we were talking about different kinds of concrete to bury your 2 of three seed parts in. Heh.

L2 won't take away our ability to "be our own bank".  But it will make ways for people who have no business trying to do that to also use bitcoin.

They gain value...

...and so do we.
4364  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 01, 2018, 06:36:05 PM
XMR has been knocking on the .025BTC door for quite some time.  Recently it's been poking right over that value multiple times in a row.  I like.  Volume still soft... but we are coiling imho.

Sorry to ruin it by posting Heuristic...
4365  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 01, 2018, 07:34:12 AM
Let there be $5000. This is our year.

Wow.  If that happens I would jump up and down.  I'd have over $100,000 worth of Monero!

Well...  I'd need a diving suit...

https://www.youtube.com/watch?v=CFEBriOa1x0
4366  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 01, 2018, 06:46:25 AM
Will you have some patience? It looks like LN is coming soon enough.

Ramblings of a idiotic bigoted shithead deleted.

I am completely serious. The trees aren't letting you see the forest behind. Yes, LN in its first phase might introduce some sort of "centralization" in that a hub and spoke model will be easier, cheaper and faster to deploy. But:

1- We are talking about L2. I wouldn't have any problem in additional layers more or less de/centralised. You shouldn't too, as they are all optional... just additional layers!

2- That's just at its first stage. It won't be that hard to evolve into a more decentralized structure some time later.

3- Rerouting a big amount of tx's to those (maybe) more "centralised" layers will free up more "space" for direct blockchain tx's.

... And, above all, it will be the best digital payment system ever known to man... Invest now, wait for it, and then fucking sell all your BTC for more shiny metals if that's your thing. Do you have some ethical (or mental) problem getting profits for your investments? No wonder you hate Jews so much. They don't fucking care about all those irrelevant details.

Don't try to reason with that awful shithead.  Many of us have him on ignore.
4367  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 31, 2017, 08:33:24 PM


LOL, I can't search reddit! I can't even follow threads on it. I post and can't even find a response. That site blows my left nut.

Me too.  I am not a fan if threaded forums.  Especially when posts are grouped out of order, or hidden, etc.  Old fashioned I guess.. Or just old?

But it is my main complaint with both Reddit and the Monero forums.

That said Reddit IS where the action is now.

As to speculation.  We are seeing some real nice consolidation on the xmr/btc charts.  Dat .025 dough.  If we can ever break that I see easy .027 and .03.
4368  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: December 31, 2017, 06:28:56 AM

Yep.  bullet proofs on the testnet already Smiley   Sounds to me as though both are progressing well thus far.   To the best of my knowledge (admittedly not the best) both are likely to be in the next protocol upgrade, barring catastrophic testing issues.  
It feels like a few weeks ago that I first heard about Bullet Proofs.  Now they are likely weeks from release.  The Monero Team is Fast.  Spaceship Fast.  Never thought I'd say that  Cheesy

Slow down there buddy.  The release for the March HF code is scheduled for mid Jan. so that does not give much time for testing BulletProofs.  At the dev meeting 2 weeks ago there was no consensus as to when BPs would be released.  I imagine they are keeping an open mind but my guess is it will probably not make it.  I must say that more people are involved in development these days so things do move faster but nothing will be released unless it is thoroughly tested and reviewed.  Like everyone I hope it makes it.  It is a rather easy replacement to our current range proofs but it is new tech.  It would be the first implementation where money is involved so..............

Multisig has been tested and is ready for the March HF.  Being a wallet change it actually doesn't need a HF.  It is already on master and will be there and ready to use in the Jan release.  If BPs are ready for the Jan code they will not be used until March as they do need a HF.

Sigh.  Enthusiasm Crushed.

Reduced to level:  Uber Bullish.  

Maybe I'm wrong to be so influenced by some troll on twitter, but but but...

single-output Bulletproofs code is merged and will be live as part of the March hard fork.


Cthulhu help us... another "announcement".  Roll Eyes
4369  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 30, 2017, 07:26:38 AM
I'm getting those urges again, doctor...
Short the fuck out of it...

...and call me in the morning.
4370  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2017, 04:25:00 AM
The poll is bullish as fark. Who here really thinks we're going to see $20k in three days? Tera?
Yeaaaah... I might have overshot it just a wee little.
4371  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 29, 2017, 04:04:27 AM
You people are too damn smart. Verified checksum? Shee-it. How I ever got mixed up with you lot is beyond me.


Yeah... it's a decent gig.
4372  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 27, 2017, 08:40:45 PM


but off-chain txs are an admission of failure, security and trust is compromised, it's not blockchain anymore, it's patch-up.

I disagree.  Off chain technologies allow the blockchain to remain pure.  Your version of a "solution" is not as scalable. 

No one will force you to use L2 stuff.

And noone gets to decide that it cannot be built.

Don't like real decentralization much do you?  For the system to be truly decentralized and censorship resistant then anyone and everyone gets to take part.

Why do you think core has not made a change to stop the blockchain spam problem?
4373  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 27, 2017, 07:32:11 PM
Is LN blockchain admission of failure ? Ain't we better off using ripple at this point ?

Are you fucking retarded or something ?

LN is an evolutionary step for Bitcoin.

When you check your email, would you rather telnet/ssh directly to the mail server and issue manual commands, or would you prefer to use a mail client that does all the heavy lifting for you ?
A much pithier explanation than mine. Smiley
4374  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 27, 2017, 07:17:37 PM
ain't LN blockchain admission of failure Huh Ain't we better off using ripple at this point ?
No and no.  

Bitcoin is bitcoin.  Censorship resistant, and decentralized.  The lightning network is technology being built on top of the protocol.  The people building it, as well as many of us, see it as offering lots of valuable features.

It's sort of like HTML...  HTML is an ever changing markup language used ON TOP of the HTTP specification.  HTML changes frequently, adding features for things like video transmission etc.  HTTP?  Doesn't change that often.  It's job is to be the rock solid base on which HTML does it's magic.

The bitcoin protocol is similar.  A slow changing protocol, but in THIS case managed in part by the consensus of the users as well as devs miners etc.  I think Wladimir van der Laan takes the right course when he is slow to make big changes to the underlying protocol.

LN is like HTML.  The market is developing it to make the protocol useful for the masses.  With development like this bitcoin comes out of the shadows and useful features are made available for everyday users.  For example: Currently "being your own bank" entails complex OPSEC that even the experienced computer users can have trouble with and possibly fail.  Whether we like it or not we NEED 3rd party solutions to help both grandma and banks handle the geeky aspects of using crypto.  Without these developments we will never see mainstream use.

If bitcoin is to continue evolving into the premier form of wealth storage, unit of account, and means of exchange we MUST -- **MUST** see millions of transactions a second.

LN is currently the first and best step towards enabling that future.

So no.  No.  Bitcoin has not failed.  In fact it has barely begun succeeding.  I can see you have basically no idea what's coming.  So the show will be pretty fun for you to watch.  Hold onto your ass.

And hodl on to your BTC.  Wink
4375  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 27, 2017, 06:42:39 AM
Are both slots for January 1 taken yet?
Bullish.  I like.
4376  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 27, 2017, 06:22:21 AM
Jan 16
4377  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 27, 2017, 05:58:09 AM
So where is this candle going to top out?

Somewhere between Carolina and Kansas is my guess.
St Louis!
4378  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 27, 2017, 05:45:50 AM
So where is this candle going to top out?

It seems to have met a little resistance at $16.4k.

Let's see if it's short-lived or if we consolidate here for a little while to catch our breath.
16.4 is a special area imo.  If we break it thoroughly we should have a happy happy new year.  If we can't?  I think we test 10-11k again.
4379  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 27, 2017, 05:26:25 AM
pretty solid head and...  well... shoulder and shoulders pattern forming

Not shoulders.  Think of them more as... Foothills.

Piedmont?
4380  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: December 27, 2017, 05:25:49 AM
Pretty solid head and...  well... shoulder and shoulders pattern forming.  Also, someone just bought ~1MM worth @ market at poloniex. Smiley
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