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1701  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 20, 2018, 04:54:55 PM

I normally just allow jbreher to respond to the bcash attacks, out of fairness. Altcoin discussions come up occasionally, but shilling is frowned upon.

As for R0ach, he's a special case as the house troll. Kind of like how only the court jester is allowed to make fun of the king. Half-joking, but he has a fair number of posts deleted too.
1702  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 20, 2018, 04:38:45 PM

Traps aren't gay.

That's all.
1703  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 20, 2018, 02:26:12 PM
Bitcoin started a divergence with its fair value in March. It is currently listed as having a Price to Earnings equivalent of 6.78.



How is the fair value calculated?
1704  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 20, 2018, 01:19:29 PM

Would love to hear about some of these cheap, large hard drive VPSs out there though if someone wants to share.

https://www.serverhub.com/vps/ssd-cached
1705  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 20, 2018, 03:48:00 AM
but at the same time, he doesn't need our BTC since he seems to have more than we do, and he's got nothing for sale that we could pay in BTC.

Well, if that BTC-denominated digital music distributor is still in business, you can still by a copy of my CD for 1.2 BTC. I'd even accept 1.2 Segwit coins for a copy.

Smiley

Aren't you undermining your own argument when you are seeming to give the EXACT same value to legacy BTC and segwit tainted coins?  Would you like to specify (or correct yourself) further here, jbear?

Nope. If you want to negotiate with me, I'd be willing to send you a CD of my (charting) album for less than 1 BTC - as long as that BTC isn't tainted by Segwit in its past.

That's better than 17% discount! Such a deal for you!

Could I pirate it for free?
1706  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 20, 2018, 01:03:37 AM
Apparently the upside-down Bart pattern has a real name:

1707  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 20, 2018, 01:00:31 AM
Tried to install LN node on my server but I have to run a full node. My server only has 200 Gb.

Is there a preferred way among people without home servers?

Most people probably use a VPS. If you look around you can find one that's good enough for less than $9/mo.
1708  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 19, 2018, 08:54:54 PM
The main problem with 2mb blocks specifically is, it is impossible to reverse it once we do it.

A major problem with Segwit is that now that it is activated, it is impossible to reverse it.

Well, without the miners getting a windfall off the back of Segwit-holders' losses, that is.
It's not even a matter of if a reversal is technically possible. If it is, and it was done, then the entire consensus mechanism would be invalidated.

Segwit can not be reversed. So that argument is out the fucking window and into the burning bin. TRY AGAIN SEGWITTARDS.

Segwit is not a security threat so it being non-reversible is not a bad thing unlike 2mb blocks.

If you don't like segwit why dont you gtfo to bcash you 2?
Again, explain whatever security issues you think there are. You are turning yourself into a bad joke at this point.

Increased centralization
Due to? Don't fucking say 2 mb blocks. At least be a little bit creative.

Do some research. I'm not going to sit here and answer your stupid ass questions.
If you're pissed about the current situation, go circle jerk with jbreher on bitcoin.com about how awful segwit is.
1709  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 19, 2018, 08:42:05 PM
The main problem with 2mb blocks specifically is, it is impossible to reverse it once we do it.

A major problem with Segwit is that now that it is activated, it is impossible to reverse it.

Well, without the miners getting a windfall off the back of Segwit-holders' losses, that is.
It's not even a matter of if a reversal is technically possible. If it is, and it was done, then the entire consensus mechanism would be invalidated.

Segwit can not be reversed. So that argument is out the fucking window and into the burning bin. TRY AGAIN SEGWITTARDS.

Segwit is not a security threat so it being non-reversible is not a bad thing unlike 2mb blocks.

If you don't like segwit why dont you gtfo to bcash you 2?
Again, explain whatever security issues you think there are. You are turning yourself into a bad joke at this point.

Increased centralization
1710  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 19, 2018, 08:20:21 PM
BUY BUY BUY !!!

https://www.ledauphine.com/france-monde/2018/06/19/soupcons-d-escroquerie-les-freres-bogdanoff-en-garde-a-vue

Suspicions of fraud: the Bogdanoff brothers in police custody

According to BFM TV, the brothers Igor and Grichka Bogdanoff were placed in custody on Tuesday in Paris, in a police station in the 16th arrondissement.

The TV presenters were arrested "on rogatory commission of an investigating judge seized of an open judicial investigation of the head of fraud on vulnerable person and attempt of fraud", according to the investigators.

This is not the first time that the famous twins are in trouble with the law. Last November, Igor Bogdanoff was placed under judicial control. This followed the complaint of his ex-partner, Julie Jardon, who accused him of having entered his home.


Shit. ((They)) are trying to sabotage CRAB-17.



I really dont know why do you make up such stuff. Unless you read this nonsense somewhere and decided to post nonsense here. But its still a nonsense.

But if you just made it up....oh well i guess 90% posts on this forum are CRAB (no crap, let me make some nonsense too), poeople making down empleyes (stuff) on purse (purpuse).
Where the world is goin. Long live....who Trump ?  (half of my message is sarcasm and bullshit, like 90% of post here)

If you can't handle the reality that the Bogdanoffs control the market, I don't know what to tell you.
1711  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 19, 2018, 08:12:59 PM
Look, everyone, this is not really difficult is it? If bitcoin is just another tool of the 1%, then, fuck it, we will be among the new 1%. But if it is more than that, if it is meant to make the world as a whole a better place, to give the world financial freedom, then basic mechanisms such as creating a fucking wallet can not be an issue of confusion.

Either the differences between segwit and legacy need to be made so clear that anyone who can operate a computer understand it, or we need to go back to a universal standard.

Option 3: We're still in the early adopter phase, bitcoin is too complicated for plebs, and we're still working on the basic underlying infrastructure, as cAPSLOCK mentioned. If Bitcoin development were comparable to the development of the internet, we'd be around 1991.
1712  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 19, 2018, 06:33:33 PM
Yogi is right this time you guys. When you are prompted to make a choice between two things, then that is two things. In this case a legacy wallet or a segwit wallet.

Segwit was a mistake. Just the fact that it is opt-in instead of being standard for the entire network is a problem.

For the record, my wallets are and will remain legacy types. I just don't trust it.

You are scared of a 51% attack?
It is needlessly complicated. Increasing the blocksize to 2 mb would have worked exactly as well and been standard for everyone. Deliberately complicating things when simple solutions will do is never a good sign.


Segwit is fairly well proven, the only demonstrated weakness comes from a 51% attack.
A 2mb block size increase at face value is simple, but, it required a hard fork, the effects of which would have many consequences.
Therefore it was not a simple solution, the only non hard forking solution was to use segwit.
And instead, we have legacy wallets and segwit wallets. Was that really a worthwhile tradeoff?

Yes. What are you implying?
1713  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 19, 2018, 05:26:33 PM
BUY BUY BUY !!!

https://www.ledauphine.com/france-monde/2018/06/19/soupcons-d-escroquerie-les-freres-bogdanoff-en-garde-a-vue

Suspicions of fraud: the Bogdanoff brothers in police custody

According to BFM TV, the brothers Igor and Grichka Bogdanoff were placed in custody on Tuesday in Paris, in a police station in the 16th arrondissement.

The TV presenters were arrested "on rogatory commission of an investigating judge seized of an open judicial investigation of the head of fraud on vulnerable person and attempt of fraud", according to the investigators.

This is not the first time that the famous twins are in trouble with the law. Last November, Igor Bogdanoff was placed under judicial control. This followed the complaint of his ex-partner, Julie Jardon, who accused him of having entered his home.


Shit. ((They)) are trying to sabotage CRAB-17.

1714  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 19, 2018, 04:03:22 AM
Just realized that Bitcoin's hash rate is up +100% since January 2018 and around +25% since May as well as +15% from two weeks ago.


That's a nice hashrate miners. Those are some nice ASICs.

It would be shame if someone...

changed...

the algorithm.

1715  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 19, 2018, 02:30:21 AM
I'm comforted now. Thanks
1716  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 19, 2018, 02:24:35 AM
Tera has a point. The volume on that green candle was anemic.

Bitcoin doesn't need blood. It has New York now. And memes.


How will Karhu feed without blood?
A god can't live on memes alone.
1717  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 19, 2018, 01:48:03 AM
Tera has a point. The volume on that green candle was anemic.
1718  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 18, 2018, 06:36:04 PM
I would call this a corrective move upwards not only due to technicals but also fiat fleeing legacy markets on a downturn.

Baby boomers fleeing the stock market to invest their life savings in shitcoins?  /facepalm.  You guys are getting desperate to come up for excuses as to what actually moves the bitcoin market when it's entirely Bitfinex fraud whether it goes up or down.

You really think that a small generation in the USA would have an effect on the crypto market? These markets are open 24/7 and are open to all age groups around the world, we don't care if baby boomers can buy crypto or not when a 13 year old in malaysia can put all his money into bitcoin.

Most of the boomers are still skeptical of Bitcoin, but excited about "blockchain". Anyway, many of them don't possess the technical skills to buy Bitcoin. Maybe we'll see them meaningfully invested when they can call up their Fidelity guy and order up $X of the Bitcorn ETF.
1719  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 18, 2018, 06:24:59 PM

Of course this fungibility is not an issue, until either a government or individuals begin to engage in a practice of changing value of coins based on demarcation, which is currently not an issue, but instead a speculation of an issue that could come up perhaps maybe blah blah blah.  And, also assuming that there is no way to remove history, then there is a way that coins could begin to look distinguishable from their history... but so far remains a BIG SO FUCKING WHAT?

For me, the dream of fungibility died when Ross Ulbricht went to prison.
1720  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 18, 2018, 03:31:53 AM

Fair enough. But isn't that depressing at the same time? The more you have, the worse a deal marriage is.

You're depressing.
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