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1401  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 05, 2017, 03:51:55 AM
This is Bitcoin sub forum, not a BCH sub forum. You have the coin with big blocks that you so desperately wanted, and you got it. So again, why do you repeatedly keep coming back here? Why aren't you off with your little tribe?

Oh, I know why. Because you are a troll. Because only a troll keeps coming back to a sub forum thread after they supposedly got what they wanted. Quit trying to 'save' anyone here from anything. We don't need saving. Everyone here knows what Bitcoin is and what BCH is. And people here want to discuss Bitcoin, not BCH. Nor want to discuss how to turn Bitcoin in BCH.

I am discussing Bitcoin. I am discussing Bitcoin Segwit Core, Bitcoin Segwit 2M, and Bitcoin Cash.

Life is a game of probabilities. While I am confident that BCH will eventually be recognized as the One True Bitcoin, only a fool would ascribe 100% to any such outcome. As such, if there is a case for improving Segwit, I am going to make it.

I am decidedly not a troll. Are you a troll? Is Segwit Core 'what you wanted'? Then why do you return to this sub forum?

Yes, we all (most) probably know what Bitcoin is. I doubt, however, that everyone here was complicit with you appointing yourself arbiter as to what may or may not witness being discussed here.

Regardless, it is quite clear that at least some have not yet heard the fact that onboarding the world will take decades at 1MB, and that neither segwit nor LN ameliorates this issue, while block size increases do. If you really want to wallow in willful ignorance, feel free to ignore me. I'd be a little sad -- I seem to remember us having cordial conversations in the past -- but I'd live.

"While I am confident that BCH will eventually be recognized as the One True Bitcoin..." with that logic it's definitely good to diversify so you don't loose all of your money. In due time you'll look back and realize how you were taken for a ride, and thank people who stood up to it  Wink

oh oh do tell how block increases helps on boarding the world? Would you mind doing a simple math on how big your blocks should be for every person in the world to do just one transaction on chain per day? I'll wait
1402  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 14, 2017, 09:44:38 AM
At some point the regulations on Bitcoin exchanges will make it increasingly difficult for people to get their hands on fiat for whatever reason they might have (momento? wallpaper?).


Provided the market cap continues to grow, thats obviously inevitable.  That's the part that i agree with Jamie Dimon on, thinking that govt will play nice is naive. Where we disagree is i'm hoping with all of the bureaucracy and global nature, we'll continue to fly under the radar long enough to get too big for one govt to do anything about.
1403  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 14, 2017, 09:37:39 AM
The volume (denominated in USD) is truly impressive. Looks like asia is dumping but there's a ton of demand ready to pick up at these prices. This should be interesting once the tide changes
1404  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 10, 2017, 07:26:55 PM
BTC1k ask wall on finex flashing  Shocked
1405  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 08, 2017, 11:05:50 PM
it is bizarre that 9 hours after the beginning of this fuck up, it is not even known for sure what is really going on. even by bitcoin standards.
I mean, all participants are digitally interconnected in multiple ways, and yet we have no fucking clue what is really true.

I seem to remember it took multiple months before anyone knew what the score was with the China Ban in 2013.

Welcome to unregulated market. There's nothing to prevent someone from front running the news. Looks like currently China is trading at deep discount, which brings some validity to the rumors. BTC is priced for its potential and not current utilization, as such market is very emotional and will react violently to any news. Money always brings smart people who will pick up on these things and try to exploit it. So yes it will continue for foreseeable future, now the game is to wait for actual news to hit and figuring out if the market over or underestimated it.

i'd wager...  overestimated it.

HoneyBadger don't give a shit.

If you zoom out, you'll see historically this has always been the case  Roll Eyes
1406  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 08, 2017, 10:57:20 PM
it is bizarre that 9 hours after the beginning of this fuck up, it is not even known for sure what is really going on. even by bitcoin standards.
I mean, all participants are digitally interconnected in multiple ways, and yet we have no fucking clue what is really true.

I seem to remember it took multiple months before anyone knew what the score was with the China Ban in 2013.

Welcome to unregulated market. There's nothing to prevent someone from front running the news. Looks like currently China is trading at deep discount, which brings some validity to the rumors. BTC is priced for its potential and not current utilization, as such market is very emotional and will react violently to any news. Money always brings smart people who will pick up on these things and try to exploit it. So yes it will continue for foreseeable future, now the game is to wait for actual news to hit and figuring out if the market over or underestimated it.
1407  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 08, 2017, 07:26:04 PM
The end of the Cryptocurrency Exchange era in China (translation) - Google Doc

So they're really going for it according to that. I wonder what measures miners have in place to sell. I assume the proper ones have OTC deals but there must be some stragglers who'll have to get something in place.

I can't say I'll be too sad if China checks out.

It'd be a great irony if China forces Chinese miners out  Grin that'd be awesome, unfortunately I don't think they're that dumb, they more likely to subsidies BCC
1408  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 04, 2017, 09:35:58 AM
Shouldn't capital from Etherpoop be escaping to BTC right about now
 
1409  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 19, 2017, 06:13:30 AM
Looks like wave 2 is incoming, BCChina is going full retard while BTC staying above $4k. This weekend should be interesting, gotta grab some popcorn
1410  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 19, 2017, 06:11:41 AM
I just want to use Bitcoin as a currency. I honestly do not care too much about the small differences between the two chains. They both have SegWit which will allow the Lightning Network which will allow for fast, cheap microtransactions.

Not really. BCH doesn't have Segwit, doesn't fix tx malleability and obviously LN can't play with tx malleability without other workarounds (?). It's just "bigger blocks".

Didn't BCH fork off after the Segwit lock in? Or did they fork with a version that did not include it?

It doesn't include it at all. He forked-off prior to Segwit activation so there are no Segwit transactions in BCH.

Why on earth BCChina support Segwit or god forbid LN? Think people are missing the whole point of this fork. Miners don't make money on LN transaction = miners don't support LN 

Miners don't make money either if fees are very low... Oh, now that I think about it.... Are those calculations about profitability of BCH vs BTC include tx's fees per block? Don't think so....

Think long term global scale. This is just an attempt at a power grab 8MB blocks will be full too. Miners only make money on on-chain txs.
1411  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 19, 2017, 05:59:54 AM
I just want to use Bitcoin as a currency. I honestly do not care too much about the small differences between the two chains. They both have SegWit which will allow the Lightning Network which will allow for fast, cheap microtransactions.

Not really. BCH doesn't have Segwit, doesn't fix tx malleability and obviously LN can't play with tx malleability without other workarounds (?). It's just "bigger blocks".

Didn't BCH fork off after the Segwit lock in? Or did they fork with a version that did not include it?

It doesn't include it at all. He forked-off prior to Segwit activation so there are no Segwit transactions in BCH.

Why on earth BCChina support Segwit or god forbid LN? Think people are missing the whole point of this fork. Miners don't make money on LN transaction = miners don't support LN 
1412  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 19, 2017, 04:18:47 AM
If bitcoin and bcash reach parity I will sell both and wait.

Doesn't holding what BCH you have just make things worse? Pumpers depend on people not dumping on their heads.

ahhh, but if we all dump into their deep pockets they control the entire float

Let them  Cheesy they can have their China tokens  Grin
1413  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 18, 2017, 07:33:23 PM
The only question that remains:

What will be the BTCottom final bch/btc trade ratio  Grin

FTFY  It's like free money from heaven. Thanks, Roger Wink

if he's throwing his money at me, who am I not to take it  Grin
1414  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 18, 2017, 07:22:19 PM
I really hope Roger is burning some major holdings during this silliness.

Dump on Friday before the weekend? It's like good old days, only now we have multiple exchanges with multiple players. I foresee someone loosing a lot of money in this attempt, things aren't as they were before
1415  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 18, 2017, 07:08:14 PM
However it turns out, I think we'll all be worse off than if the forks had been avoided altogether.

Yes, but this is a fallacy.

Bitcoin forks can be created by anyone, at any time. Trying to change rules to appease some vocal subset wouldn't stop or block such ability. In fact it is a feature by design. There is no "avoiding it" and there's no one that Bitcoin should have to appease or answer to except for the majority of it users, and to implement/include things that insure it's own long term survival. The existing attributes and rules do just that. They can also be tweaked as time goes on.

A 2MB blocksize increase by Core would've preempted any need for Segwit2X. It may have even have avoided the BCC fork.ave it's way with OPEC.

No. If 2mb blocksize increase would've been accepted then big blocktards would've needed Segwit4X.


The fork at this stage is the best thing that could've happened. BCChina forgets a little fact that it's the market that moves the miners and not the miners moving the market. They can even have their higher hash rate (most of it is in China anyway), but can they attract capital for people to invest in that turd? I think the fundamentals are strongest they've been in a while and this  BCChina pump is hilarious. Kudos to them for actually following up with their savings (and trying to corner the market) but the market will ultimately win, it always does.
1416  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 18, 2017, 04:49:18 AM
Looks like someone is betting big on BCC, good riddance. Now back to finding at least one f'ing BCC online wallet
1417  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 17, 2017, 09:16:07 PM
Are there any online wallets that can sweep BiCH coin? I don't want to wait weeks for full client to load
1418  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 16, 2017, 06:25:45 AM
Bitcoin = $3970? Did just somebody dump for a lambo? that guys heart is weak for bitcoin over his lambo. Anyways when will we see $4500 again?

There was enough volume for few dozen lambos. loaded already had few so if he's selling its not for lambos maybe an island?
1419  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 16, 2017, 03:30:59 AM

A shittily cast bronze rendition of Slender Man for 140 mn? Wow, high end art is so weird.

I've seen Egyptian hand sculptured/painted statues and other relics that are far more worthy of that kind of money. At least many of them reflect the actual amount of tedious and detailed work effort that went into making them.

You can always get this https://en.wikipedia.org/wiki/Black_Square_(painting) for just 60mln
1420  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2017, 01:38:31 AM
I love the smell of $4k in the morning
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