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4741  Economy / Speculation / Re: When kwukduck says bitcoin will surge, SELL EVERYTHING on: August 28, 2017, 02:30:00 PM
kwukduck == cashodler == same fucking troll using different accts
4742  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 28, 2017, 02:27:45 PM

So the BCH devs are already talking about making changes to the code? Color me shocked.  Roll Eyes
4743  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 28, 2017, 02:41:37 AM
At least r0ach was somewhat funny mixing his hate speeches with defending PM's against Bitcoin while we were hugely profiting from it.

Wrt PM's, there is only one thing you need to keep an eye on.  Wink

http://didthesystemcollapse.com/
4744  Economy / Speculation / Re: Does every mainstream media article on Bitcoin end in negativity? on: August 27, 2017, 12:35:19 PM
Here's another doozy from Business Insider. Notice the 'hit piece' title:

Here's why bitcoin could be illegal someday
http://www.businessinsider.com/why-bitcoin-could-be-illegal-someday-2017-8

It seems like they will just let anyone write an article these days. Not only does this half-baked opinion piece make zero sense and sounds like it was written by a fifth grader, the article rambles around and actually doesn't have much of a point. The last couple of lines is especially ironic since this guy worked at Lehman Brothers (which collapsed and went bankrupt in 2008). Perhaps the irony was lost on this idiot.

Quote
"It’s good to have a plan. It’s no fun coming up with a plan when everyone else is trying to come up with a plan at the same time.

Back in the 2000s, I had a thing for Greece. I watched The Bourne Identity, and at the end of the movie, Matt Damon finds Franka Potente renting bicycles on some remote Greek island, completely off the grid.

That sounded pretty attractive to me. I even remember looking up some Greek real estate at my desk at Lehman Brothers. It was 2003. Bear markets make you think of some crazy stuff."

4745  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2017, 11:30:31 PM
Being an US citizen sucks! Smiley ... you should all quit and move to another "crypto" state... just change your coin!!! Cheesy Cheesy

All Liberland needs to do is set up a solar grid array and an underground Bitcoin mining facility. Connect to main blockchain via satellite. Zero cost mining. Done.
https://liberland.org/en/main/
4746  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2017, 03:55:15 PM
We need a proof of work change. How low do you think that will drop us?
Something less drastic could also work. Something that wouldn't fck up the "good guys" as much. I'm thinking along the lines of a coinbase penalty depending on mempool size - or something proportional to the average fee of transactions left in the mempool. The main problem I see with such a fix is that it would require a fork. Would a soft fork do? I doubt it, mainly because of the problems with non-upgraded clients.


Won't we have to hard fork for replay protection anyway? (Total noob question.)

Such a coinbase penalty would be messing with the inflation schedule.  Also, the mempool is not consistent across nodes.  A freshly broadcast transaction may not be visible to everyone.  So, we would need mempool commitments.  Something like a blockchain could work for that Wink.

You guys really crack me up with these "we need to do this or that" pontifications. As if anyone here is even remotely involved in the development of Bitcoin.

But by all means, go forth and make it happen!  Cheesy
4747  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2017, 02:40:44 PM
I'm out of bch now. I know it's not the best time as btc has gone up a little and bch has dropped a bit but I am more than happy increasing my btc stash by that much. It's pretty incredible really.

 changing paper wallets, electron cash, Kraken, copy and pasting priv keys etc, confirmation emails .......blah blah

A hassle but WELL worth it.


Good job. I'm waiting for 0.2 again, but don't know if it'll ever come. Maybe in November.
4748  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2017, 02:27:39 PM
Slightly different tone that previously.


https://bitcoinmagazine.com/articles/why-do-some-bitcoin-mining-pools-mine-empty-blocks-1468337739/
Quote
Is it bad?

"The whole point of the Bitcoin network is to process transactions. Therefore, empty blocks are often criticised as “bad behaviour” as creating very little value for the network by accelerating disinflation and stealing from “honest” miners.

However, it can also be considered as counter-balancing the centralisation tendency of the network: a pool which wins a block can start mining the next block immediately since they already know which transactions were included in the block. Whereas other miners first have to download the transactions, and then generate a new block which doesn’t include any of them. The ability to mine with just the header, could be considered to limit the benefits of centralisation.

Technically, it could be easily prevented by including, for example, a hash of the current coinbase concatenated with all the previous transactions in the block header. The recent fall in the number of empty blocks shows that the issue can be contained through improvements in the protocol which make mining empty blocks less interesting. Additionally, the gradual decrease of the block reward and the increased reliance on transaction fees will likely make mining empty blocks unprofitable over time."

4749  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 26, 2017, 12:38:00 AM
Shit, I have an iPhone but don't tell anyone.
buy a 50 USD Android phone on eBay ...
i prefer full node on refurbished (and formatted) PC from Amazon ...

Yeah, and oh boy it's getting ridiculous. I'm hearing that both Apple and Samsung are launching next-gen phones this year that will cost $1000! That's insane, I can buy two top of the line laptops for that much. Whoever is ready to pay $1K for a phone is gonna get ripped off big time.
4750  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 25, 2017, 03:44:30 PM
This asshole Jihan is systematic plannning to kill Bitcoin to push and enforcing this unwanted BCash coin..

Repeat after me:

No one can kill Bitcoin. No one can force bitcoin users to buy and transact in BCash.
No one can kill Bitcoin. No one can force bitcoin users to buy and transact in BCash.
No one can kill Bitcoin. No one can force bitcoin users to buy and transact in BCash.
No one can kill Bitcoin. No one can force bitcoin users to buy and transact in BCash.
No one can kill Bitcoin. No one can force bitcoin users to buy and transact in BCash.

Also, stop whining and peeing in your diaper.  Cheesy
4751  Economy / Speculation / Re: Is $4000 the perfect time to buy on: August 25, 2017, 03:18:16 PM
Is $4000 the perfect time to buy, no it is 100% not the perfect time to buy.

60% of the time, right now is 100% the perfect time to buy.



4752  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 25, 2017, 02:40:46 PM
In other news, some insane price action going on right now with Gold/Silver. Watch it live.
https://goldprice.org/

http://www.silverdoctors.com/gold/gold-news/huge-gold-volume-prices-spiking-time-premarket/

Something Wicked This Way Comes...

I just sold a part. And the price is only hammered down further... . Gold will only rise when the TBTF 's Fail again...

I think this is canary in the coal mine action. Big players closing shorts, the club trying to keep Gold down below 1300, but each drive by less and less effective. If Gold breaks 1300 and Silver breaks 20, we could see the start of something...

I also noticed that even when the Silver paper market was smashed down all the way to $14.50 not long ago, the physical Silver market never adjusted lower than $16.90. Very telling.
4753  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 25, 2017, 02:12:45 PM
In other news, some insane price action going on right now with Gold/Silver. Watch it live.
https://goldprice.org/

http://www.silverdoctors.com/gold/gold-news/huge-gold-volume-prices-spiking-time-premarket/

Something Wicked This Way Comes...
4754  Economy / Speculation / Re: Bitcoin Launches SegWit, Max Keiser Raises ‘Interim’ Price to $10,000 on: August 25, 2017, 01:06:31 PM
I'm so glad that Max Keiser and other bitcoin experts can look into their crystal balls and keep us up to date on where the price will be.

So how's that MaxCoin thing working out so far, Max? (zing!)  Grin
https://coinmarketcap.com/currencies/maxcoin/
4755  Economy / Speculation / Re: Are we already rich, gentleman? on: August 25, 2017, 12:51:18 PM
Guys, I'm seeing people use the word "gentleman" in a funny/symbolic way, similarly to "hodl"...

What's the story behind "gentleman" and who coined it?

Just curious...

I believe someone had posted "This is it gentlemen!" but accidentally had left out the word "it" in the sentence. No one knows if the person was drunk or had just mis-typed. But it stuck and became a meme, like hodl.

Usually now seen written as "This is gentlemen". Like a spirit tribe, or way of being.

It is sometime just shortened to "gentlemen".

First "This is gentlemen" post: http://www.reddit.com/r/Bitcoin/comments/2m1brp/this_is_gentlemen/

Urban dictionary entry: http://www.urbandictionary.com/define.php?term=This%20is%20gentlemen
4756  Economy / Speculation / Re: where is the mother of all spikes? MOAS! on: August 25, 2017, 12:40:08 PM
Should major banks and corporations decide to enter the market they will do so slowly, exactly to avoid such a spike. It will most likely make itself felt like a slow but steady upward pressure in price, not unlike what we've seen the past few months.

I agree with this, but would also add that they just don't have any choice other than buying slowly. There are just not that many bitcoin available for sale, either OTC or on exchange. So they can't jump in massively without disturbing the market to the upside. They will buy slow and steady. The market will continue to creep up.

In the same regard, there are not that many bitcoin available to short either. So they can't just enter with a large short position to push down the price. They will try though.
4757  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 25, 2017, 11:57:44 AM

So much logical fallacy in that retarded and ill researched article, I don't know where to begin. And smells like another hit piece against Blockstream.

Oh falkvinge, you should be ashamed of such rubbish.
4758  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 25, 2017, 02:03:00 AM


This is so funny. I don't talk to friends, family, or colleagues about bitcoin. But I've read comments from others that have, and this is the exact response they usually get from them.

It's why most people will never accumulate wealth in their life, because they've been programmed (since birth?) that they should drop a supposedly risky investment like a hot potato the minute it reaches a decent valuation level. Plus they are flawed to think that fiat is something better to possess than bitcoin.
4759  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 24, 2017, 03:41:34 PM
Haha Meuh, you must have a thing for short, exotic looking women.  Cheesy



Heh, Meuh is that you in the background?  Grin
4760  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 24, 2017, 03:07:33 PM
Oh yeah, it's looking good for september ...

Haha Meuh, you must have a thing for short, exotic looking women.  Cheesy
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