in other news  |
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^
But it was so vague. If i remember right, core promised to work on stuff, and miners promised to stick to core if core did what it promised. No way for either side to cry foul when the other backs out, due to (intentionally?) loose wording.
Got a link to that pdf?
vague? segwit asap ( probably may ) and 2MB HF about 1 year later. |
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Amstrong had another similar blog the day of the round table.
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Round Table Original or Round Table Classic? the first one? ... the one where they pretended to reach consensus I remember, i was saying " take notice of poeple speaking out against the consensus, it's likely they are stupid " the next day Amstrong had a blog post. Was surprised (i know, i know, "still?" Must be a learning disability...) by how seriously people took that. Like me, they just never learn... >80% hashing power, devs and CEO's all agreed it is still seriously serious proposal which we are going ahead with despite what Amstrong blog says. |
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Oh look another buy opt coming up! i'm hitting buy Buy BUY!!!!! at 395   |
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Amstrong had another similar blog the day of the round table.
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Round Table Original or Round Table Classic? the first one? ... the one where they pretended to reach consensus I remember, i was saying " take notice of poeple speaking out against the consensus, it's likely they are stupid " the next day Amstrong had a blog post. |
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holy shit wtf is going on?
OMG, he discovered big font and colors! BTW, Amstrong's blog is from yesterday. Price started retreating three days ago. Perhaps the correct causality is price retreats --> Armstrong speaks Amstrong had another similar blog the day of the round table. hes been very vocal about this for a long time. |
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holy shit wtf is going on?
yes i do believe this is the reason behind price dropping there appears to be much disagreement still, and this has poeple on edge... Armstrong wants 2MB now and segwit later, Core wants segwit now and 2MB later. it seems silly to push the issues so much on a disagreement about the time frame in which these changes will be rolled out. besides it's been speculated that activating a HF will take longer then releasing segwit's soft fork. so in a way cores road map is the fastest root to getting more blocksapce ( if they are able to deliver segwit on time... ) |
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if Core really can deliver segwit and later 2MB alongside a clean / simple to use LN, then they will have done it.
i just have a hard time believing they can make LN useable.
And i find it crazy for them to delay the increase, hurting bitcoin's growth, while banking on unproven tech.
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so much for all that "we have consensus" bull, eh? sigh.
its not as bad as it seems so coinbase is still making noise... they will stfu when segwit delivers >50% capacity increase in may. |
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Those who know would not confirm his identity, time to move on with speculation until he chooses to reveal himself.. or not.
What do you think it would happen if Satoshi reveals his identity? Perhaps, a lot of people would be after him asking a lot of questions about Bitcoin and the Blockchain, or maybe governments would be after him until he is caught in jail for good (maybe) So I think, that for the sake of Bitcoin and cryptocurrencies it is not best to know who Satoshi is.  "We promote financial invitation" "Jail the guy that created bitcoin!" he won't be put in jail... but we would most certainly bombard him with questions comments and such |
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ETH scales? better buy all the ETH
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i'm canadian so i couldn't calculate the fee properly.
Let me guess, you're going to blame the metric system? yes i wanted to throw my bitcoin 4 meters high, but it only went 4 feet. |
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If you didn't get in at 382 you missed the bottom.
and if are trading on bitfinex your shit out of luck ( "bottom" was 390 at bitfinex ) I managed to catch that on bitfinex. So, how long did it take to confirm the transaction with a 2 cent fee? ~30mins and the fee was 0.015$ US i'm canadian so i couldn't calculate the fee properly. I do believe everything will hodl together until segwit. |
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If you didn't get in at 382 you missed the bottom.
and if are trading on bitfinex your shit out of luck ( "bottom" was 390 at bitfinex ) |
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28 million in leveraged longs on BFX. Shorts barely changed. This is a dangerously unstable situation. Every one of those longs have to close at some point, either at a profit or a loss. It amounts to massive overhead resistance.
Where the hell is the pump gonna come from? Halving is priced in. SegWit is priced in even though it may not happen or happen on a longer time frame than expected. Global economic stability? Bitcoin lost 5% in a day, hardly a safe haven asset, especially given the current governance situation.
Bitcoin is a honeybadger, so price may go up, but if it does, it will be in spite of fundamentals, not because of them. There can be no sustainable rise without a permanent scaling solution.
The most important part is that 8 M$ are new longs opened since 21st February, when price was 450$, so they are underwater now, and more down could trigger a long squeeze. if Manipulators were thinking of squeezing longs they need to do it before segwit ( May ) after segwit's smooth release and subsequent >50% capacity increase, the bull market will be impossible to fuck with. |
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28 million in leveraged longs on BFX. Shorts barely changed. This is a dangerously unstable situation. Every one of those longs have to close at some point, either at a profit or a loss. It amounts to massive overhead resistance.
Where the hell is the pump gonna come from? Halving is priced in. SegWit is priced in even though it may not happen or happen on a longer time frame than expected. Global economic stability? Bitcoin lost 5% in a day, hardly a safe haven asset, especially given the current governance situation.
Bitcoin is a honeybadger, so price may go up, but if it does, it will be in spite of fundamentals, not because of them. There can be no sustainable rise without a permanent scaling solution.
I do believe segwit is not priced in, if anything word of segwit causing forks on the testnet has poeple selling ( which is a silly reason to sell, nothing ever works perfectly first time around ) But segwit will likely be priced in way after the fact. I will be looking to sell when segwit is released, in fear of it causing a complete mess, after a few weeks of it working fine, and we really do get a 1.75X capacity increase from it. i will buy back. if it causes a mess which devs need to clean up, i could see price half overnight, and with that the mining industry will crumble, and with that bitcoin will crumble. implementing thousands of lines of code, and asking other node oppeterater ( blockchain.info wallets and the like ) to write some code to acomadate segwit, has HUGE downside risks, to much for me to just HODL and pray for the best. but if we see segwit give us more then 50% capacity increase and then the 2MB HF is a go, we'll have 4X more block space this time next year, if we somehow manage to fill these 4X bigger blocks totally full again by this time next year I expect price to be at least double what it is now or at most 10x bubble like rise and crash. price has always been highly correlated with TX. |
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ok it got confirmed
today is a good day to send bitcoins around!
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