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1081  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2016, 10:35:04 AM
Well , I am glad this is over and we can move on to improving the bitcoin ecosystem?

https://medium.com/@bitcoinroundtable/a-call-for-consensus-d96d5560d8d6#.3219xm7af


Fin

I'd be hodling BTC for dear life now. In fact, I am.

In what universe is that consensus? That is coercion. If you are so happy that you are on the right side, then let this happen. If everyone ignores it and carries on as before, then it is a non issue. But why this fear? Because they know this has a real chance of happening.

But seriously, if that letter is in any way legit, then this mofo deserves to go down in flames.

So. A.N.G.R.Y?
1082  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2016, 09:30:32 AM
Greece was the fore-runner, the next phase is bank runs in Italy as depositors realise that they are unsafe with bail-ins and non-performing loans exceeeding 17-25% of all loans.

Italy banking crises will now become the focus and will cause monetary crisis to quickly go global.
1083  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2016, 01:23:01 AM
Why can't the Eth shills stick to their own thread? I don't go into their thread spamming a shitcoin.

it's the same crowd ... the ethereum pump is an attempt to spook the bitcoiner masses into the arms of the big-block banksters and their classic cronies ... 'cos "if bitcoin can't scale someone else will"

ethereum has been crawling with banksters from day zero ... they crave the ethos of bitcoin but could never create it.
1084  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2016, 12:34:56 AM


the kiddiefight has all been in here and on reddit ... if you followed the actual dev forums it's all quite sanguine, which makes Gavin Hearns and now Jeff's blog outbursts all the more surprising, like intentional "playing to the mob" ... who are they trying to convince, certainly not other devs.

who knew bitcoin was so centralised and authoritarian?  Pesky upstarts like Gav and JGarzik. The cheek.


not upstarts, just has-beens trying to free-ride on past glories using politics instead of producing da code .... meritocracies are hard for shirkers and has-beens
1085  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2016, 12:22:53 AM
devs should all agree to 2MB blocks And segwit

that way classic and core can both coexist  and we can 4x capacity



What about the internal governance issues in Classic?

Classic wouldn't exist if there weren't already serious internal governance issues in Core.

Isn't there some resistance to classic by core because there are changes to internal governance?

See above.

So in other words, Core could adopt the 2mb aspect of Classic without changes to internal governance (if it wants to continue to shun classic), no?

That would seem to be a perfectly reasonable course of action and easily secure a future in which Core remains the "reference" implementation. If Core had announced plans after Scaling HK for a 2MB HF followed by a fully tested segwit (with plenty of time for 3rd parties to accommodate it)... we wouldn't be having this debate.

Given all this, one has to wonder if gmax and his clique of wizards are dogmatically putting ego (and stock options?) before Bitcoin.  Angry

yeah it's all just a big "governance" issue  Roll Eyes ... you're certainly right on with the party spiel of MIT/govt Forde and Gavin ... except it's not, its actually real technical problems that are being solved (not by the likes of you)

https://letstalkbitcoin.com/blog/post/epicenter-bitcoin-117-eric-lombrozo-upgrading-bitcoin-with-segregated-witness
1086  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 11, 2016, 12:20:30 AM
devs should all agree to 2MB blocks And segwit

that way classic and core can both coexist  and we can 4x capacity



What about the internal governance issues in Classic?


Isn't there some resistance to classic by core because there are changes to internal governance?


So in other words, Core could adopt the 2mb aspect of Classic without changes to internal governance (if it wants to continue to shun classic), no?

yes, but meanwhile this thing has become a matter of pride and kiddiefight.

the kiddiefight has all been in here and on reddit ... if you followed the actual dev forums it's all quite sanguine, which makes Gavin Hearns and now Jeff's blog outbursts all the more surprising, like intentional "playing to the mob" ... who are they trying to convince, certainly not other devs.
1087  Bitcoin / Bitcoin Discussion / Re: ToominCoin aka "Bitcoin_Classic" #R3KT on: February 10, 2016, 09:31:58 PM
So is Classic actually REKT or are the 2 sides still FUDDING each other without a winner either way?


so a hundred desperate VC-funded businesses almost out of runway, and a handful of disaffected zealots who hate themselves because they can't code, running 6 nodes each ... all on the same 3 silicon valley data-centers?
1088  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2016, 09:12:07 PM
MOA: classic got released today and the price is $10 higher than yesterday... strange. Has the economic majority teamed up with the CIA/GCHQ just to fuck with our heads?  Huh

The price started a healthy rise and then fell like a rock once the news of Classic release hit. Any developments towards a contentious hard fork dumps the price down. It's ALWAYS like this, and never the other way around. By this alone, hard fork pushers should get a clue what the markets really want. But they remain clueless nonetheless.

yes, the healthy rise was really interesting looking a lot like an upside breakout so they had to produce some good FUD and what better than pulling puppet Gavin's strings for a little dance and a trick or two. Now we've got Jeff on the FUD pipeline too, not quite Mike Hearn level histrionics that titillate the blockheads but OK for a $10 dump it seems.
1089  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2016, 08:39:43 PM
Price goes up, Gavin dumps latest FUD controversy news... same as last week, and the week before that and the week before that ... oh he got Jeff to coordinate a FUD piece so that was new.
1090  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. [NooNooPol] on: February 10, 2016, 08:42:03 AM
the old commodity or currency dodge, didn't that Ponzi scheme guy from Texas Pirate@40 try the same ruse?

Frappe.Doc is in esteemed company, POS that he is.
1091  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 10, 2016, 08:32:28 AM
moon.
buy.
... so it begins, the classic farce is over.
1092  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2016, 03:49:53 AM

pretty sure Gavin has been operating under the influence of a NSL since not long after his trip to the CIA ... his actions are sometimes directly opposite of what he says, his whole behaviour and demeanour screams like a warrant canary, it's like he's shaking his head and saying Yes! all the time.
1093  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2016, 12:17:34 AM
bitcoin protocol compromised?

Nah, it's just been captured by a neckbearded junta of would-be technocrats and central planners. The centralized channels of communication have been sanitized in an effort to maintain imaginary control. As their grasp on the reins of illusory power tightens and the reins fray to the strength of a single thread... you will hear the staccato keyboard taps of their enablers reach a fevered pitch. They've gathered up a $76MM war chest, obtained by promises that they have everything well in hand. The best lie (and VC pitch) is the one you believe yourself.

Good news tho, the ones who solve the blocks that facilitate the whole shebang... are beginning to wise up to what's going on. They won't be ceding their future profits to their future competition.



The darkest hour is just before the dawn.
wow this post reeks and I can't tell if it's from the verbal diarrhea attempt at spin or the plain desperation ... maybe the darkness is just darkness of a dark dying movement, no false dawns?
1094  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2016, 12:14:32 AM
Gold is up almost 15% without any noticeable pullbacks yet this year. This is straight connected to the dropping Stock markets. The Goldprice is a straight measure of market fear.


This is the time for bitcoin to shine like gold does. If we dump just like the stock markets do I don't see many people looking into bitcoin as a possible investment in bad times.

Gold is up because it solved its block size problem.

you've fallen into Gavin and Mike Hearns govt. doublespeak language trap, there is no "blocksize problem" ... there are only transaction capacity challenges that are largely solved and are being implemented and technological growth constraints that can be adequately worked with.

You are correct that it is a transaction capacity problem.  I didn't realize it was largely solved and being implemented.

A few points of clarification please.

What transaction capacity is needed?
Being that the transaction capacity challenges are largely solved, would you please list what those solutions are?
What is the timeline for the implementation of these solutions?
What will be the transaction capacity be when these solutions are implemented and how does it compare to the needed transaction capacity?

Thank you.
 
NP I'm amazed you don't seem to be aware of the capacity increases roadmap and screeds of pages of discussioon that been written about it by now, but here is the link https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-December/011865.html https://bitcoincore.org/en/2015/12/21/capacity-increase/ and a FAQ link seeing as you have lots of innocently leading queries also it seems https://bitcoincore.org/en/2015/12/23/capacity-increases-faq/
1095  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2016, 12:02:01 AM
^For the first time I actually felt bad for him.
In azhun jail Cry

Karpeles the sequel is going to be like an epic samurai comic.

He comes out of jail with deep links to the Yakuza network who have need for moving large sums internationally bada-bing bitcoin! Mt. Gox-reloaded on the deepweb ... but now has huge chip on his shoulder because someone injected his cat inappropriately and it died. Basically he turns badass gangster gangnam style ... and finally learns C++ and JS just 'cause. Oh, and gives up dreams of booking all his frappunico double-whipped cream toppings directly to the blockchain.
1096  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 08, 2016, 11:40:14 PM
bitcoin protocol compromised?

no, we've just had an insider FUDtroll attack test successfully repelled ... all the FUDtrolls and lolcow followers can go back to being useless eater drones for now
1097  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 08, 2016, 11:17:45 PM
Gold is up almost 15% without any noticeable pullbacks yet this year. This is straight connected to the dropping Stock markets. The Goldprice is a straight measure of market fear.


This is the time for bitcoin to shine like gold does. If we dump just like the stock markets do I don't see many people looking into bitcoin as a possible investment in bad times.

Gold is up because it solved its block size problem.

you've fallen into Gavin and Mike Hearns govt. doublespeak language trap, there is no "blocksize problem" ... there are only transaction capacity challenges that are largely solved and are being implemented and technological growth constraints that can be adequately worked with.
1098  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 08, 2016, 10:50:43 PM

And its fate rests in the hands of economically illiterate squabbling nerds.

Not exactly comforting, but I still have hope.

what, a hopeless fat loser with hope?
1099  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price soaring. Are you going to move some BTC into ETH? on: February 08, 2016, 10:37:14 PM
This is clearly an altcoin pump thread, why is it not in the Altcoin section?

NB: Ethereum runs the highly centralised risk that Vitalik fucked up somewhere along the way in his wunderkid hubris trip.
1100  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 08, 2016, 10:34:21 PM
Gold is up almost 15% without any noticeable pullbacks yet. This is straight connected to the dropping Stock markets. The Goldprice is a straight measure of market fear.


This is the time for bitcoin to shine like gold does. If we dump just like the stock markets do I don't see many people looking into bitcoin as a possible investment in bad times.

I think part of the market sees it as digital gold and part of it sees it as a tech stock. That should lead to head-scratching and flat.

Or extreme violence. Either way.


Well if you are honest 99% of the people don't see a real problem with fiat money, even if you explain it to them. They simply don't care

Only that the the 99.9% haven't got any money, relatively speaking.

The 0.01% who do have the money do care.

if you say that you did not understand the system...


yes, I guess I just don't understand the system ... that must be it.
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