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

[HeXaN]

So... dumpers votes XT, holders votes Core

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[btccashacc]

Question:   Core Vs XT
XT   - 13 (22.4%)
Core   - 30 (51.7%)
IDK   - 15 (25.9%)
Total Voters: 58

Core wins!

[im g width=400]http://sp1.imgs.sapo.pt/0009/30/bb/33/30bb33ed9b153c1fd2b050981b69be7d.jpg[/img]

Hurray!

so this is good news or bad news
i m confused must i sell my bitcoin or i m still hold my bitcoin

[ImI]

2MB is the way to go.

[ChartBuddy]

Coin
Explanation

[Fakhoury]

2MB is the way to go.

I really hope so.

[btccashacc]

2MB is the way to go.

i hope it too
and i hope bitcoin price go ing to up again
may be 1000$ i want to sell at 1000$

[sAt0sHiFanClub]

if  Core implements the smallest block size increase, BOOM XT is history and the network will upgrade right away.

Bitcoin XT is not a thing that can go away because it's the idea that the free market is stronger than politics. The BIP Congress is gridlocked, but the market wants progress. Maybe it won't be the blocksize next time. The BIP Congress better get its shit together or some altcoin is gonna leave Bitcoin in the grease pit forever.

Free Markets is not so free. It is subject to manipulations just as any other market.

Core devs are way more qualified to weight any upgrade and especially those that so drastically changes bitcoin's fondamentales. They should not be subject to any propaganda.

Their consensus was status quo. If you dont like it please feel free to move on to some other altcoin.

[shmadz]

2MB is the way to go.

I've heard that there is a change needed before they could implement side chains that would require a hard fork, and also an increase in the block size.

I would expect that the block steam guys are working towards a proposal that does both in one shot.

If the increase in the size of the blocks required is negligible (less than 2mb) and this results in being able to freeze* the code and continue all changes as sidechains, I think it might have a chance at gaining high enough consensus to actually become adopted.

* of course you would still need to maintain the code, which is what wladimir does, but you would not need any more contentious forks as you could do whatever you like on sidechains.

[Fakhoury]

2MB is the way to go.

I've heard that there is a change needed before they could implement side chains that would require a hard fork, and also an increase in the block size.

I would expect that the block steam guys are working towards a proposal that does both in one shot.

If the increase in the size of the blocks required is negligible (less than 2mb) and this results in being able to freeze* the code and continue all changes as sidechains, I think it might have a chance at gaining high enough consensus to actually become adopted.

* of course you would still need to maintain the code, which is what wladimir does, but you would not need any more contentious forks as you could do whatever you like on sidechains.

What is the probability of this, shmadz ?

[ChartBuddy]

Coin
Explanation

[cbeast]

Core up, Bitcoin price down.

[BlackSpidy]

2MB is the way to go.

I would rather see 10 MB blocks, to be honest. And a reliable, automatic block size increase that is based on facts and maths and stuff.
And to whoever is posting with the noob accounts, bitcoin has died over 70 times*! And all it ever does is come back harder, better, faster, stronger.



*(http://bitcoinobituaries.com/)

[ImI]

I would like to test the effects of Blocksize increases first by doing smaller steps. An self-adjusting algorithm would have to be safe in terms of manipulation.

[cbeast]

2MB is the way to go.

I would rather see 10 MB blocks, to be honest. And a reliable, automatic block size increase that is based on facts and maths and stuff.
And to whoever is posting with the noob accounts, bitcoin has died over 70 times*! And all it ever does is come back harder, better, faster, stronger.

Gavin successfully tested 20MB. 8MB would make tps 3*8=24 which is still laughable compared to PayPal's approximately 130 tps, but it's still progress.

[billyjoeallen]

 

This is no longer a problem, it it s a crisis. It it continues to be unresolved, it will eventually become an existential crisis.  We cannot afford to wait for the BIP process to play out. There is a significant chance that it won't play out and not deciding is deciding on a bottleneck in capacity that will inevitably clog the network entirely. No doubt there are some people who desire that exact outcome and they are exploiting this technological, political and ideological split.  Gox is nothing compared to this. We are approaching our darkest hour.

There are not just two camps in this war. There are the The cripplecoiners, the scaleforkers and the haterz. The haterz do not want any consensus to ever be reached. They have been around since I got here in 2011. They now see their opportunity, and I can't for the life of me see how to stop them.

[Cconvert2G36]

Somebody is launching a shitload of XT nodes all on VPS hosting, the next step in the saga. Surprised it hasn't happened sooner. Are they the dreaded masquerading XT nodes beginning a false flag attack?

Never a dull moment.

https://getaddr.bitnodes.io/nodes/?page=1&q=/Bitcoin%20XT:0.11.0/

Well, I guess there are some dull moments, but still...

[ChartBuddy]

Coin
Explanation

[TerraMaster]

Somebody is launching a shitload of XT nodes all on VPS hosting, the next step in the saga. Surprised it hasn't happened sooner. Are they the dreaded masquerading XT nodes beginning a false flag attack?

Never a dull moment.

https://getaddr.bitnodes.io/nodes/?page=1&q=/Bitcoin%20XT:0.11.0/

Well, I guess there are some dull moments, but still...

Yes I noticed that a little over an hour ago and has been climbing ever since,,, Wonder what's up with that. 

[adamstgBit]

XT now at 3 blocks out of every 1000 blocks

i got a BBBBAAADDD feeling about this

[natewelt]

XT now at 3 blocks out of every 1000 blocks

i got a BBBBAAADDD feeling about this

75% of mined blocks is what matters not nodes correct?