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

[JayJuanGee]

Looking at: http://coinmarketcap.com/

Doesn't look like BTC money went into any alts.

No.  I believe Chinese got out of BTC or LTC to buy cheaper Chinese stocks...

That doesn't make any sense. A quick look will tell you no one is buying Chinese stocks at the moment. I know we Bitcoiners like to catch falling knives but this China situation is something else...

If someone is selling, someone is buying, even when the prices continue to go down...

However, the price goes down when there is more coins selling than there are dollars willing to purchase them...

and the opposite is true when the price is going up...

In the end, we are stating the obvious, no?

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[stackoverflow]

Is the block size increase required: yes

Is the need imminent: no

Does it have to compromise the anonymity and the decentralized nature of bitcoin: no

Does it have to be the compromised shitcode of XT: definitely not

so what is your choice?

The block size can be increased without rigging the code, and without creating all this fuss and dividing the community, but looks like there are evil alter-motives to this whole XT crap!

[Fatman3001]

Chill...

When "asking" became more trendy than "researching" on your own?   I don't get it.   One have to type more words to ask a question on a forum than to ask Google directly... Is it the "social" interaction I am not getting?

... I guess I answered my own question, if I posted/answered a question on this forum...

GO Bitcoin! GO!

Fuck Yeah!

[JayJuanGee]

Chill...

When "asking" became more trendy than "researching" on your own?   I don't get it.   One have to type more words to ask a question on a forum than to ask Google directly... Is it the "social" interaction I am not getting?

... I guess I answered my own question, if I posted/answered a question on this forum...

GO Bitcoin! GO!

Fuck Yeah!

I still don't know what to do.. buy a little or wait until tomorrow?

[ChartBuddy]

Coin
Explanation

[Fatman3001]

Chill...

When "asking" became more trendy than "researching" on your own?   I don't get it.   One have to type more words to ask a question on a forum than to ask Google directly... Is it the "social" interaction I am not getting?

... I guess I answered my own question, if I posted/answered a question on this forum...

GO Bitcoin! GO!

Fuck Yeah!

I still don't know what to do.. buy a little or wait until tomorrow?

TBH? IDK.

But you could take a look at this.

[ghandi]

Trend reversal started. Don't miss the train! *ChooChoo*

(yeah...my trailing stop loss got triggered by the spike at kraken, so this *MUST* be the trend reversal... )

[mavericklm]

can't help myself, this is too funny!

we are going up a bit!!! no more cheap coins?

[folo]

Trend reversal started. Don't miss the train! *ChooChoo*

(yeah...my trailing stop loss got triggered by the spike at kraken, so this *MUST* be the trend reversal... )

What's your trailing stop value? € and %?

[ghandi]

Followed the downtrend with +10% trailing stop loss. So i got back in at €193.36. (Trigger was @ €192.91)

Few days ago it was 6%. But i was too worried about bounce-back-spikes. Worked well!    

[hendra147]

can't help myself, this is too funny!

we are going up a bit!!! no more cheap coins?

hahahhahaa
yesssss Im still holding MY bitcoin 
and now price is moving to new trend 

[ChartBuddy]

Coin
Explanation

[JorgeStolfi]

Does it have to be the compromised shitcode of XT: definitely not

There is a version of XT with the block size limit increase only, without the other controversial changes.

If you don't trust XT, but (for some bizarre reason) you do trust Blockstream, you can take a copy of BitcoinCore and apply the size increase patches from XT yourself. There may be a copy of that out there, too.

Indeed, if you are not a miner, you can just take the BitcoinCore code and replace the one line where it says "MAX_BLOCK_SIZE = 1000000" by "32000000".  That way you will accept big blocks if they are in a blockchain that is longer than any other.  There are some hypothetical situations when that will be the "wrong" chain for a block or two, but those situations may occur only briefly sometime in 2016, and will not be different from the orphan blocks that happen 2-3 times every day already,

[nioc]

I was late but after I sacrificed on the alter we have stabilized, at least for a short while.

Worked like a charm.  Btc up,  YW

Although I may need to put a btc address in my signature in the future.

[brg444]

Does it have to be the compromised shitcode of XT: definitely not

There is a version of XT with the block size limit increase only, without the other controversial changes.

If you don't trust XT, but (for some bizarre reason) you do trust Blockstream, you can take a copy of BitcoinCore and apply the size increase patches from XT yourself. There may be a copy of that out there, too.

Indeed, if you are not a miner, you can just take the BitcoinCore code and replace the one line where it says "MAX_BLOCK_SIZE = 1000000" by "32000000".  That way you will accept big blocks if they are in a blockchain that is longer than any other.  There are some hypothetical situations when that will be the "wrong" chain for a block or two, but those situations may occur only briefly sometime in 2016, and will not be different from the orphan blocks that happen 2-3 times every day already,

Stolfi did Blockstream took your daughter out for dinner and brought her back late or something? Your butthurt is something else.

By all accounts the actions of Mike & Gavin warrant far more suspicion than conjectures about Blockstream's influence over the block size decision.

[Fatman3001]

Does it have to be the compromised shitcode of XT: definitely not

There is a version of XT with the block size limit increase only, without the other controversial changes.

If you don't trust XT, but (for some bizarre reason) you do trust Blockstream, you can take a copy of BitcoinCore and apply the size increase patches from XT yourself. There may be a copy of that out there, too.

Indeed, if you are not a miner, you can just take the BitcoinCore code and replace the one line where it says "MAX_BLOCK_SIZE = 1000000" by "32000000".  That way you will accept big blocks if they are in a blockchain that is longer than any other.  There are some hypothetical situations when that will be the "wrong" chain for a block or two, but those situations may occur only briefly sometime in 2016, and will not be different from the orphan blocks that happen 2-3 times every day already,

Stolfi did Blockstream took your daughter out for dinner and brought her back late or something? Your butthurt is something else.

By all accounts the actions of Mike & Gavin warrant far more suspicion than conjectures about Blockstream's influence over the block size decision.

Stolfi is CIA's administrative agent in São Paulo.

He's also a special operative for Boeing, gathering information on Embraer.

Don't know if it's relevant, but I thought I'd mention it.

[JorgeStolfi]

By all accounts the actions of Mike & Gavin warrant far more suspicion than conjectures about Blockstream's influence over the block size decision.

You have your nose, I have mine... 

[ChartBuddy]

Coin
Explanation

[brg444]

By all accounts the actions of Mike & Gavin warrant far more suspicion than conjectures about Blockstream's influence over the block size decision.

You have your nose, I have mine... 

Seeing as Blockstream would clearly benefit from block size increase, please entertain us with your arguments.

[Elwar]

Any block size discussion that discusses motives instead of actual technical discussion is pure propaganda on both sides.