Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[explorer]

I think i have 70% of the regular posters here on ignore.

Edit: just checked my ignore list. 110 people on it.

I've always wondered about this statistic. Thanks for sharing

Interesting.  I've never checked before, but... 362    And that's only because I let a few out on parole over the weekend 

[adamstgBit]

http://www.coindesk.com/gavin-andresen-bitcoin-hard-fork/?utm_source=twitterfeed&utm_medium=twitter&utm_campaign=Feed%3A+CoinDesk+%28CoinDesk+-+The+Voice+of+Digital+Currency%29

pmg

gaven wnats too distroy bticoin!1

Huh? He is just making a proposal to extend the protocol to allow more transactions per block. Everyone will need new clients to make it work. But where is the destructive effect? Or am I too rational regarding your post?

https://www.youtube.com/watch?v=cZp7UGgBR0I

[JayJuanGee]

I think i have 70% of the regular posters here on ignore.

Edit: just checked my ignore list. 110 people on it.

I've always wondered about this statistic. Thanks for sharing

Interesting.  I've never checked before, but... 362    And that's only because I let a few out on parole over the weekend 

me, me, me, me, me.

[Moria843]

This too shall pass

[explorer]

I think i have 70% of the regular posters here on ignore.

Edit: just checked my ignore list. 110 people on it.

I've always wondered about this statistic. Thanks for sharing

Interesting.  I've never checked before, but... 362    And that's only because I let a few out on parole over the weekend 

me, me, me, me, me.

From time to time JJG.  I know you won't stray far, trapped as you are by walls of text 

[adamstgBit]

http://www.coindesk.com/gavin-andresen-bitcoin-hard-fork/?utm_source=twitterfeed&utm_medium=twitter&utm_campaign=Feed%3A+CoinDesk+%28CoinDesk+-+The+Voice+of+Digital+Currency%29

pmg

gaven wnats too distroy bticoin!1

Huh? He is just making a proposal to extend the protocol to allow more transactions per block. Everyone will need new clients to make it work. But where is the destructive effect? Or am I too rational regarding your post?

https://www.youtube.com/watch?v=cZp7UGgBR0I

honestly they made way too big a deal about this...
upping the limit from 1MB pre block to 1.5MB pre block makes shit all difference for mining pools
maybe if it needed to increase it to 100MB or more... this easy fix might need a more elaborate solution...

in my view minor changes like this are welcomed by 99% of the community ( some people just want an excuse to make some noise ), we all want to see bitcoin improve and grow.

[BlindMayorBitcorn]

Confidence is at a low. Gavin could drop a pin and it'd spook people now

Edit: did you hear that?

The CEO of Bitcoin said something:O

[adamstgBit]

Confidence is at a low. Gavin could drop a pin and it'd spook people now

Edit: did you hear that?

The CEO of Bitcoin said something:O

first hes not the CEO.
his opinion carries a lot of weight because he's a core dev and knows the system better than anyone. that is all.
this issues has been discussed at length for a long time.
it boils down to poeple saying NO because they want to make some noise...
I can only hope he can get consensus on this, he's got my vote! if not i would say "fork it and let those who disagree get left behind, THIS IS BITCOIN!"

[jaredboice]

Confidence is at a low. Gavin could drop a pin and it'd spook people now

Edit: did you hear that?

The CEO of Bitcoin said something:O

first hes not the CEO.
his opinion carries a lot of weight because he's a core dev and knows the system better than anyone. that is all.
this issues has been discussed at length for a long time.
it boils down to poeple saying NO because they want to make some noise...
I can only hope he can get consensus on this, he's got my vote! if not i would say "fork it and let those who disagree get left behind, THIS IS BITCOIN!"

Adam I pay attention to everything you say.  I like your reasoning on things.

So, just out of curiosity, what's your take on this:

http://www.youtube.com/watch?v=cZp7UGgBR0I

[adamstgBit]

Confidence is at a low. Gavin could drop a pin and it'd spook people now

Edit: did you hear that?

The CEO of Bitcoin said something:O

first hes not the CEO.
his opinion carries a lot of weight because he's a core dev and knows the system better than anyone. that is all.
this issues has been discussed at length for a long time.
it boils down to poeple saying NO because they want to make some noise...
I can only hope he can get consensus on this, he's got my vote! if not i would say "fork it and let those who disagree get left behind, THIS IS BITCOIN!"

Adam I pay attention to everything you say.  I like your reasoning on things.

So, just out of curiosity, what's your take on this:

http://www.youtube.com/watch?v=cZp7UGgBR0I

look up ^

honestly they made way too big a deal about this...
upping the limit from 1MB pre block to 1.5MB pre block makes shit all difference for mining pools
maybe if it needed to increase it to 100MB or more... this easy fix might need a more elaborate solution...

in my view minor changes like this are welcomed by 99% of the community ( some people just want an excuse to make some noise ), we all want to see bitcoin improve and grow.

i'll add that i am not very well versed on the inner workings of this whole network, i have a good basic understanding, I read the discussions about this, and felt poeple were just making a lot of noise for nothing, I have faith gavin wants to make the best choice, from what i have seen hes not one to just take the easy fix, if he thinks this is the way to go who am i to argue.

setting up these "off chain BTC TX processors" SOUNDS good, but its dosnt seem at all necessary, and it its another point of failure / compilation

[JayJuanGee]

I think i have 70% of the regular posters here on ignore.

Edit: just checked my ignore list. 110 people on it.

I've always wondered about this statistic. Thanks for sharing

Interesting.  I've never checked before, but... 362    And that's only because I let a few out on parole over the weekend 

me, me, me, me, me.

From time to time JJG.  I know you won't stray far, trapped as you are by walls of text 

Even though it should NOT matter too much, it is kind of a good feeling (no gay) to make the from time to time parole list.. .if any member has such a practice.        

At first, I was stymied when Shroomie birddog put me on his/her ignore list (maybe within less than a month of my membership), and then as I continued to read his/her posts, I witnessed that s/he / it has a sort of irrational temperament regarding a lot of topics.     

[adamstgBit]

Confidence is at a low. Gavin could drop a pin and it'd spook people now

Edit: did you hear that?

The CEO of Bitcoin said something:O

first hes not the CEO.
his opinion carries a lot of weight because he's a core dev and knows the system better than anyone. that is all.
this issues has been discussed at length for a long time.
it boils down to poeple saying NO because they want to make some noise...
I can only hope he can get consensus on this, he's got my vote! if not i would say "fork it and let those who disagree get left behind, THIS IS BITCOIN!"

Adam I pay attention to everything you say.  I like your reasoning on things.

So, just out of curiosity, what's your take on this:

http://www.youtube.com/watch?v=cZp7UGgBR0I

look up ^

honestly they made way too big a deal about this...
upping the limit from 1MB pre block to 1.5MB pre block makes shit all difference for mining pools
maybe if it needed to increase it to 100MB or more... this easy fix might need a more elaborate solution...

in my view minor changes like this are welcomed by 99% of the community ( some people just want an excuse to make some noise ), we all want to see bitcoin improve and grow.

i'll add that i am not very well versed on the inner workings of this whole network, i have a good basic understanding, I read the discussions about this, and felt poeple were just making a lot of noise for nothing, I have faith gavin wants to make the best choice, from what i have seen hes not one to just take the easy fix, if he thinks this is the way to go who am i to argue.

setting up these "off chain BTC TX processors" SOUNDS good, but its dosnt seem at all necessary, and it its another point of failure / compilation

mmitech's opinion on this might be more interesting...

[vuduchyld]

Is there any way to see which ignore lists I've made?

Would be kinda cool to know.

[adamstgBit]

wow nice spike to 335 batman

[ChartBuddy]

Explanation

[billyjoeallen]

There is an immanent cross of the 4 HR moving average and I'm afraid my deposit won't make it in time 

[adamstgBit]

There is an immanent cross of the 4 HR moving average and I'm afraid my deposit won't make it in time 

its cheap coins to 4K

you'll be fine.

[JayJuanGee]

http://www.coindesk.com/gavin-andresen-bitcoin-hard-fork/?utm_source=twitterfeed&utm_medium=twitter&utm_campaign=Feed%3A+CoinDesk+%28CoinDesk+-+The+Voice+of+Digital+Currency%29

pmg

gaven wnats too distroy bticoin!1

Huh? He is just making a proposal to extend the protocol to allow more transactions per block. Everyone will need new clients to make it work. But where is the destructive effect? Or am I too rational regarding your post?

https://www.youtube.com/watch?v=cZp7UGgBR0I

honestly they made way too big a deal about this...
upping the limit from 1MB pre block to 1.5MB pre block makes shit all difference for mining pools
maybe if it needed to increase it to 100MB or more... this easy fix might need a more elaborate solution...

in my view minor changes like this are welcomed by 99% of the community ( some people just want an excuse to make some noise ), we all want to see bitcoin improve and grow.

Adam: 

I believe you are downplaying the amount of the increase - it is an amazing amount of an increase in practice, maybe even too big and will have to be limited in the future... From my understanding this is how the increase would play out:


Year 1 - 1mg - increased .5mg  = 1.5mg

Year 2 - 1.5mg - increased .75mg  = 2.25mg

Year 3 - 2.25mg - increased 1.125mg  = 3.375mg

Year 4 - 3.375mg - increased 1.6875mg  = 5.0625mg

Year 5 - 5.0625mg - increased 2.53125mg  = 7.59375mg

Year 6 - 7.59375mg - increased 3.796875mg  = 11.390625mg

Year 7 - 11.390625mg - increased 5.6953125mg  = 17.0859375mg

Year 8 - 17.0859375mg - increased 8.542968755mg  = 25.6289063mg

Year 9 - 25.6289063mg - increased 12.8144531mg  = 38.4433594mg

Year 10 - 38.4433594mg - increased 19.2216797mg  = 57.6650391mg

[explorer]

Adam:  

I believe you are downplaying the amount of the increase - it is an amazing amount of an increase in practice, maybe even too big and will have to be limited in the future... From my understanding this is how the increase would play out:


Year 1 - 1mg - increased .5mg  = 1.5mg

Year 2 - 1.5mg - increased .75mg  = 2.25mg

Year 3 - 2.25mg - increased 1.125mg  = 3.375mg

Year 4 - 3.375mg - increased 1.6875mg  = 5.0625mg

Year 5 - 5.0625mg - increased 2.53125mg  = 7.59375mg

Year 6 - 7.59375mg - increased 3.796875mg  = 11.390625mg

Year 7 - 11.390625mg - increased 5.6953125mg  = 17.0859375mg

Year 8 - 17.0859375mg - increased 8.542968755mg  = 25.6289063mg

Year 9 - 25.6289063mg - increased 12.8144531mg  = 38.4433594mg

Year 10 - 38.4433594mg - increased 19.2216797mg  = 57.6650391mg

Are you ON drugs, or selling them?  it's NOT mg, its MB.  Damn it, back in the pen you go  

[adamstgBit]

http://www.coindesk.com/gavin-andresen-bitcoin-hard-fork/?utm_source=twitterfeed&utm_medium=twitter&utm_campaign=Feed%3A+CoinDesk+%28CoinDesk+-+The+Voice+of+Digital+Currency%29

pmg

gaven wnats too distroy bticoin!1

Huh? He is just making a proposal to extend the protocol to allow more transactions per block. Everyone will need new clients to make it work. But where is the destructive effect? Or am I too rational regarding your post?

https://www.youtube.com/watch?v=cZp7UGgBR0I

honestly they made way too big a deal about this...
upping the limit from 1MB pre block to 1.5MB pre block makes shit all difference for mining pools
maybe if it needed to increase it to 100MB or more... this easy fix might need a more elaborate solution...

in my view minor changes like this are welcomed by 99% of the community ( some people just want an excuse to make some noise ), we all want to see bitcoin improve and grow.

Adam:  

I believe you are downplaying the amount of the increase - it is an amazing amount of an increase in practice, maybe even too big and will have to be limited in the future... From my understanding this is how the increase would play out:


Year 1 - 1mg - increased .5mg  = 1.5mg

Year 2 - 1.5mg - increased .75mg  = 2.25mg

Year 3 - 2.25mg - increased 1.125mg  = 3.375mg

Year 4 - 3.375mg - increased 1.6875mg  = 5.0625mg

Year 5 - 5.0625mg - increased 2.53125mg  = 7.59375mg

Year 6 - 7.59375mg - increased 3.796875mg  = 11.390625mg

Year 7 - 11.390625mg - increased 5.6953125mg  = 17.0859375mg

Year 8 - 17.0859375mg - increased 8.542968755mg  = 25.6289063mg

Year 9 - 25.6289063mg - increased 12.8144531mg  = 38.4433594mg

Year 10 - 38.4433594mg - increased 19.2216797mg  = 57.6650391mg

nonsense
the proposal is to MAX it out at 50% a year
not necessarily increase it by that much ever year
even now the block limit isn't much of an issue, and its not like the network would collapse if it was not increased ( would just take longer for unconfirmed TX to get their first confirmation )

there have been times where blocks hit this limit, and we are approaching that time again where it can happen again from time to time, and so we are back to talking about it...

and really ... 50MB's of data every 10 mins, really? mining pools are going to need expensive data centers for that  really???. who cares! look around mining pools already are expensive data centers, discussing this is nonsense, its time to make the call!