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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26371111 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
gentlemand
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August 04, 2015, 05:29:22 PM

How would people feel if it were true?

In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
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inca
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August 04, 2015, 05:32:24 PM

How would people feel if it were true?



It would be near term bearish on the price.

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August 04, 2015, 05:37:31 PM

Looking at the charts on finex, it seems someone panicked and dumped around 800 coins when the Satoshi news hit. Dropped to $283.2 but went up immediately after.
Chef Ramsay
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August 04, 2015, 05:52:26 PM

get well soon, jimbo and dont forget to rest...

Thanx. Resting is all I'm doing.

Had to cancel out of a campground gig on Saturday that I was really looking forward to, after spending Friday in the hospital on IV antibiotics. Seems what I thought was toker's cough was pneumonia. Gave me a chance to follow the Blue Jays' flurry of trade deadline acquisitions though.

Since then I've been mostly sleeping, absorbing antibiotics, and watching the Jays climb back into a post-season spot.

My bitcoins are doing just fine and are the least of my worries at this point. If we're still under $290 when I get my strength back and get out, I'll buy a few more.
I hope you enjoy watching our David Price pitch for you guys and was nice to hear yall beating up on the Royals and their bull pen. Hopefully, we'll get some nice pickups in the off season and get Cabrera back soon so we'll be tight for next season. It's so much fun watching the phenom JD Martinez hit home runs every other day when he used to be a nobody. I really love base ball season and I see you do too. Get better soon, bro.
wpalczynski
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August 04, 2015, 05:59:17 PM

CCMF
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August 04, 2015, 06:02:16 PM

Coin
Explanation
ejinte
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August 04, 2015, 06:08:27 PM

CCMF

Moving Satoshi coins case?
eerygarden
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August 04, 2015, 06:18:09 PM

CCMF

*growls
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August 04, 2015, 07:02:53 PM

Coin
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JorgeStolfi
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August 04, 2015, 07:30:18 PM

Another "stress test" just started.  The backlog is already 60 MB of unconfirmed transactions, and the input traffic is ~ 3 MB every 10 minutes, or ~5 kB/s .  So far, the tester is paying 0.2 mBTC/kB, like the last one.  Will it keep at that, or increase the fees later?

How accurate are these figures?  Its a simulation of a model of the system, so doubly removed!!.
As the dev admits, " the main tradeoff, however, is the dependence on the model assumptions"

AFAIK, the "simulation" is only for the top graph (what fees you would need to get expectation of N minutes to first confirmation), and for the dashed line (capacity) on the bottom graph.  The backlog (solid line) and incoming traffic (dotted) on the bottom graph are real data.

The information about the fees being paid by teh unconfirmed transactions comes from this other site.  The big step at 0.20 mBTC/kB must be largely due to the test transactions. 

Right now there appeared another large step at ~0.50 mBTC/kB; that may be test transactions, too.  However, those transctions are still below the 750 kB level, so they may affect only those transactions (a few thousand?) that paid between 0.20 and 0.35 (beware that the graph is changing all the time).  But they may be a sign that the "tester" is raising his annoyance goal...

Thanks for the informational post. Are you aware of the "stress tests" that China incorporates for about a couple of weeks now towards the global economic system? What is your professional opinion of the commodities drop and how this is going to evolve within a time period of (let's say) 2 months?

Sorry, I don't follow the news about the general economy.  Bitcoin watching already takes too much of my time...
ChartBuddy
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August 04, 2015, 08:02:53 PM

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ChartBuddy
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August 04, 2015, 09:03:06 PM

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gotmilk_
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August 04, 2015, 09:04:58 PM

https://blog.bitpay.com/bitcoin-a-new-global-economy/
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August 04, 2015, 10:02:50 PM

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ChartBuddy
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August 04, 2015, 11:02:55 PM

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Norway
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August 04, 2015, 11:43:13 PM

Patrick Byrne (Overstock.com) live streaming right now:
http://www.ustream.tv/channel/overstockceo
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August 05, 2015, 12:03:23 AM

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hodlmybtc
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August 05, 2015, 12:30:26 AM

7 Chartbuddy posts on 1 page, damn it's dead around here Grin
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August 05, 2015, 12:33:33 AM

7 Chartbuddy posts on 1 page, damn it's dead around here Grin

bullish signal.
JorgeStolfi
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August 05, 2015, 12:54:32 AM

Just watched Patrick Byrne's announcement.  Basically he announced "t0.com" (tee-zero), a registry for asset ownership that uses ~~the~~ a blockchain to record actual ownership of stocks and similar things.  He claims it will give shareholders actual ownership of the shares, and contrasted it with the current system, under which a shareholder does not actually own a share of the company, but only has an IOU from a privileged company that actually owns all the shares.

They are ging to use the Bitcoin blockchain at first, but he said something like "It is ledger agnostic - it can work on Bitcoin, on Ripple, and on another one we are working with but can't tell you yet".
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