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1341  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 24, 2017, 11:10:32 PM
i recommend hopium!

and maybe some opium
1342  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 24, 2017, 11:00:31 PM
I think this is it.
1343  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 24, 2017, 10:36:23 PM

BTW mempool is near zero at the moment.

alts are sucking that dry too!!

WE"RE DOOOOOOOOOOOOMED!
1344  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 24, 2017, 08:09:38 PM
Maximum panic?
Not until the chinese exchanges open again.
their closed?
when do they open
They said march 15 , but they are still closed. I am also wondering when that happens. I dont expect a huge drop because chinese panic traders are almost fully in localcoins.

you mean withdrawals are on hold?
1345  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 24, 2017, 08:08:02 PM
bitcoin is eth now and eth is bitcoin now ... bye bye  GrinBTC  
i say here it before year ,., if is no more than antminer s9 .its not future for BTC
hooked on a feeeling .... Kiss Grin Cheesy Wink

so in reality people are choosing a centralized blockchain over a decentralized blockchain


right,

but us bitcoiners we know just how important it is to be able to run a node in africa using a computer from 1995

1346  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 24, 2017, 08:02:57 PM
Maximum panic?
Not until the chinese exchanges open again.
their closed?
when do they open
1347  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 24, 2017, 07:45:55 PM
i wonder if we can hit 900US tonight.
I am going to piss myself when that happens

start perping, drink lots of liquids!
1348  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 24, 2017, 07:39:04 PM
1349  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 24, 2017, 07:29:55 PM
i wonder if we can hit 900US tonight.
1350  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 24, 2017, 07:26:32 PM
Maximum panic?
1351  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 24, 2017, 02:58:38 PM
segwit requires miner consensus, if not, it has huge potential to split the chain.

if 51% of miners agree that its an "anyone can spend tx" then anyone everyone will attempt to spend it.

It doesn't require miner consensus at all, a simple majority would be enough. And there's no huge potential to split the chain, this 'anyone can spend' story spread by BU propagandists has been thoroughly debunked already: https://seebitcoin.com/2017/02/segwit-facts-not-anyone-can-spend-so-stop-saying-they-can/

Quote
miners could mine a block that breaks these rules and old nodes would still recognise it as valid.

imagine a simple majority 55% of miners are segwit
the 45% other miners are not.
anyone can spend TX will be spent every time.
45% of the miners see this as valid, the include the TX
55% understand segwit TX and see it as invalid
the chain splits....

the truth is in bitcoin a "simple majority would be enough" applies to anything and everything.
but in the end its all up to economic majority...
1352  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 24, 2017, 02:43:34 PM
segwit requires miner consensus, if not, it has huge potential to split the chain.

if 51% of miners agree that its an "anyone can spend tx" then anyone everyone will attempt to spend it.



95% was always looking tough - 5% + saying no was almost predictable.

after 40-60% most of the other miners fall into line quickly.
1353  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 24, 2017, 02:32:57 PM
This is fucking terrible. I wonder how much further this can go.

it is terrible, fucking terrible
1354  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 24, 2017, 02:31:33 PM
segwit requires miner consensus, if not, it has huge potential to split the chain.

if 51% of miners agree that its an "anyone can spend tx" then anyone everyone will attempt to spend it.

1355  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 24, 2017, 01:54:46 AM
Did you see that whale buying at Bitfinex just now?
no.
...
Oh i see.
ya we'll he will lose this battle...


i'll be buying tomorrow.

but i won't enjoy it.
It's down to 1017 now so maybe the good time to buy a little now.
From the whales buying up now is going to cause it to surge tomorrow and by time you wake up it will be just too late for buying near $1000 again until something big happens.
And we all know what that is. Undecided
dump?

ya i know...

i'll be buying tomorrow.
but i won't enjoy it.
1356  Bitcoin / Bitcoin Discussion / Re: @RogerVer lets make a deal. At least 60k, my BTU for your BTC. on: March 24, 2017, 01:48:24 AM
notthematrix, the link to the video was in every post you have quoted of mine so far.

https://www.youtube.com/watch?v=WtDTNA85rm4

See the comments. 4th comment down.

Are you a bought account? It seems like not long ago that you could write and read.
that dollar vigilante guy is just super cool.
i'd love to smoke a joint with him one day  Cheesy
1357  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 24, 2017, 01:16:08 AM
i'll be buying tomorrow.

but i won't enjoy it.
1358  Bitcoin / Bitcoin Discussion / Re: Where I can buy BU coins? (not btc) on: March 24, 2017, 12:51:16 AM
Quote
This bet is that there will be a hard fork to a Chain with larger block sizes before the end of September 2017, AND that the crippled Chain of small blocks never creates any spendable coinbases after the first successful large block on the Bitcoin blockchain is mined.

https://bitbet.us/bet/1343/bigblock-hardfork-before-end-of-sept-2017/
1359  Bitcoin / Bitcoin Discussion / Re: Peter R's talk at Coinbase -- yes they will 51% attack the minority chain! on: March 24, 2017, 12:38:47 AM
 LMFAO
1360  Bitcoin / Bitcoin Discussion / Re: Peter R's talk at Coinbase -- yes they will 51% attack the minority chain! on: March 24, 2017, 12:34:35 AM
(possibly).

Very interesting article.

https://medium.com/@peter_r/on-the-emerging-consensus-regarding-bitcoins-block-size-limit-insights-from-my-visit-with-2348878a16d8#.hih385eti

I was surprised to see this idea  that if a small minority wants to fight the emerging consensus of bigger blocks, the majority will stop them with their hashpower.

I know people will take this out of context and scream "Bu wants to 51% attack bitcoin" but the idea is eliminate replay risk and a split network, which
would be bad for everyone.  So it makes sense.

This is why Core floats the idea of changing their PoW to keep a minority chain alive. (also makes sense)

Ok, let the flaming begin.  Go!


 
I didnt realize synthetic fork was going to be utilized.
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