When the network gets near hitting capacity of ~220,000 tx per day, the rally gets its head lopped off... coincidence? https://blockchain.info/charts/n-transactionsAny future rally will be meaningfully constrained by this "safety feature". ... soon time to start high-grading for valuable TX anyway. It's an industrial level tech., can't always remain a sandpit for toy projects. Which makes you misguided about rallies being "constrained" ... but hey, who am I to stop people losing money? Miners should decide which transactions are valuable enough to process, not a central planning committee. Especially not a committee which is dominated by a for profit company which was explicitly formed to offer a "solution" to the "problem". c'mon, enough with the conspiracy FUD smearing, stirring up, slinging and smearing. The miners do indeed decide but they are for now more than happy to delegate that responsibility, wholly, and huge development costs to the development community (no committees involved for those not paying attention). Feel free to submit better ideas to the bitcoin development github Issues: https://github.com/bitcoin/bitcoin/issuesPull requests: https://github.com/bitcoin/bitcoin/pullsGarzik already submitted BIP102, which I think would be an acceptable "can kick" to further study the issue and possible solutions... The conference is over, and there is no plan in sight. I don't really think a controversial overhaul of the system in the form of SegWit is going to offer any relief, any time soon. |
|
|
|
When the network gets near hitting capacity of ~220,000 tx per day, the rally gets its head lopped off... coincidence? https://blockchain.info/charts/n-transactionsAny future rally will be meaningfully constrained by this "safety feature". ... soon time to start high-grading for valuable TX anyway. It's an industrial level tech., can't always remain a sandpit for toy projects. Which makes you misguided about rallies being "constrained" ... but hey, who am I to stop people losing money? which transactions are valuable enough to process, B. not a central planning committee. Especially not a committee which is dominated by a for profit company which was explicitly formed to offer a "solution" to the "problem".  *facepalms* which one is it.? a central planning committee of miners? notsureiftrollingorstupid.jpg Who has incentives better aligned with the network? Many individual companies that have built pools with massive investment in hashing behind them (their success is nearly synonymous with the success of Bitcoin), or one company that benefits (almost solely) from artificial scarcity of capacity? The questions are somewhat rhetorical, because I already know your answer. |
|
|
|
When the network gets near hitting capacity of ~220,000 tx per day, the rally gets its head lopped off... coincidence? https://blockchain.info/charts/n-transactionsAny future rally will be meaningfully constrained by this "safety feature". ... soon time to start high-grading for valuable TX anyway. It's an industrial level tech., can't always remain a sandpit for toy projects. Which makes you misguided about rallies being "constrained" ... but hey, who am I to stop people losing money? Miners should decide which transactions are valuable enough to process, not a central planning committee. Especially not a committee which is dominated by a for profit company which was explicitly formed to offer a "solution" to the "problem". |
|
|
|
When the network gets near hitting capacity of ~220,000 tx per day, the rally gets its head lopped off... coincidence? https://blockchain.info/charts/n-transactionsAny future rally will be meaningfully constrained by this "safety feature". |
|
|
|
@Peonminer. sfyl
Yep. Waiting on 157 ETH withdrawal. TXID and not showing on the blockchain. @JShock says around t-minus 8 hours til it's fixed. Fingers crossed. Hope you get your $150 back from craptsy... why are you still using them? There's been big waving red flags for months now. |
|
|
|
The exchanges still stuck. Mtgox was better, before it died.
You have got to be joking because that is absurd. You could make some BTC off the price difference between Mt Gox and other exchanges like BTC-e before it died. I guess that's a valid reason to say that Mt Gox is a good exchange xD There was a whole network where you could transfer fiat from some other exchanges to mtgox literally instantly (and lots of other services and some channels to other exchanges too). You'd click something on btce and 2 seconds later, funds are in your gox account ready to go. Where can you even do that sort of thing now? All the exchanges are so serious about fiat now with antimoney laundering, kyc, anti terrorism, etc. You're lucky if you can even get the fiat to your bank account. That wasn't all though. It most mostly the giant order book with 300K btc on the bid, the huge volume, the api, and the Clark Moody site. You're gonna have to get over all that. Does clark moody even exist anymore? Mark was fluffing the book, the fiat channels are regulated and monitored, and the traders that are left... all want to eat your lunch, after they finish with the panic/euphoria appetizer. |
|
|
|
|
Make it harder, grentlemen.
|
|
|
|
Is anyone else finding hdbuck's crisis of derived authority rather delicious?  |
|
|
|
QUICK. WHERE'S THE WIL-E COYOTE GIF
Careful what you wish for.  |
|
|
|
|
Buy support is stronger than I thought around here on finex. I look at their volume with more weight because I don't see obvious bot shenanigans. That said, many of these recent rally songs seem to be led by china.
I will raise a hearty toast when we hit $502? something and JJG's break even party.
|
|
|
|
|
2 million $ worth of longs added on bitfinex in the last 12 hrs, total near $26.5 mil . Shorts below 8k btc.
|
|
|
|
If only Shroomskit could have hodled until Ethereum and The Bitcoin Foundation and the U.S Federal government and Theymos had all finished dumping. The old cum rag's got a little life left. edit: my sincerest apologies to those who don't remember the reference |
|
|
|
How is stamp/finex $40 over Huobi? Normally its the opposite it's not, china is $10 more |
|
|
|
This rally is losing steam. Nobody wants to pay $450+. Everyone remembers what happened last time the price went this high this fast. When the bubble pops again, people are gonna get hurt.
Yep, losing steam alright, all the way to over $460. The people getting hurt are the shorters and those who sold too early. Of course we'll have corrections along the way but this 5 month old uptrend is far from over. +1 there is no supply at these prices miners are fighting for coins, weak hands have been flushed. the scarcity is real. you can feel the halvening already  A correction along the way is what I'm counting on. I am bullish long term, but when the price jumps 8% in one day, a correction is a pretty safe bet. Oh you'll get a correction. The only question is whether you get in a bit lower, or a bit higher. |
|
|
|
I'm writing a reply for just about every post.
That's a sign.
G'nite y'@ll !!1!!!1!
  |
|
|
|
|
Show Posts
