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

[billyjoeallen]

The block-size issue is still not fixed, it can go up like now but it will go down hard when media paying attention again to that debat.

If you plan to buy more coins just wait untill that block-size issue starts again.

When it's all over...than the real uprise will start.

+1

[1715138027]

1715138027

[ChartBuddy]

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[phoenix1]

Vegas, baby!

Bitpay Collapsing... Mike Tyson Endorsed Overpriced Vending Machine, UP!

BULLISH, baby.

Tyson is about as marketable as OJ Simpson  
At least he is not in prison at the moment, but sheeeet ... we scraping the bottom of the barrel here  
Exactly WHO is this supposed to turn on to Bitcoin?
Desperate attempt by a broke has-been to try and get some cash ...

Someone please name me one product he has successfully endorsed this century

[Cconvert2G36]

Cut the guy some slack, he has a soft spot for the smaller, gentler, creatures on this planet... like pigeons... and bitcoiners.

On a serious note... where is this bitstamp volume coming from? All wash trading, migrated finex traders?

[BlindMayorBitcorn]

Meh. It could have been worse:

[ChartBuddy]

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[Franciem]

after mike tyson announcement his atm
more investor come to bitcoin

Im sure we can hit 250$ 

[Cconvert2G36]

Pigeons, almost too delicious.

http://www.c-span.org/video/?c4498529/hillary-delicious

[ChartBuddy]

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[ChartBuddy]

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[Norway]

Sometimes, I get the imrpession that some people in this forum wants the transactions/seconds to be as small as possible.
BOMB: New code incomming! Blocksize is just a temporary fix! Bitcoin will scale. By sharing the work. Like the VISA thieves do today. Not hard to do theoretically! Ha ha ha, we will see who's surviving!

[ChartBuddy]

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[JayJuanGee]

Sometimes, I get the imrpession that some people in this forum wants the transactions/seconds to be as small as possible.
BOMB: New code incomming! Blocksize is just a temporary fix! Bitcoin will scale. By sharing the work. Like the VISA thieves do today. Not hard to do theoretically! Ha ha ha, we will see who's surviving!

From the whole scaling debate, I thought that generally people were o.k. with the idea of increasing the blocksize etc; however, the issue is having a new system imposed that is NOT thoroughly vetted and seems to have the potential to take away decentralization.

I believe overall there is consensus that transactions/second have to increase; it is just a question regarding the extent to which what appeared to be a minority was going to be imposing such a hard fork and new direction.. along with questionable centralization baggage.

[Cconvert2G36]

Sometimes, I get the imrpession that some people in this forum wants the transactions/seconds to be as small as possible.
BOMB: New code incomming! Blocksize is just a temporary fix! Bitcoin will scale. By sharing the work. Like the VISA thieves do today. Not hard to do theoretically! Ha ha ha, we will see who's surviving!

From the whole scaling debate, I thought that generally people were o.k. with the idea of increasing the blocksize etc; however, the issue is having a new system imposed that is NOT thoroughly vetted and seems to have the potential to take away decentralization.

I believe overall there is consensus that transactions/second have to increase; it is just a question regarding the extent to which what appeared to be a minority was going to be imposing such a hard fork and new direction.. along with questionable centralization baggage.

Scaling past 1MB is necessarily going to be a hard fork, 75% is not a minority. And I'm thankful that Gavin and Mike were willing to stick their necks out to press the issue. I do think a significant amount of investment and use is being deterred by the limit.

On the other hand, it's important to show the outside world that major changes to Bitcoin don't happen on a whim, so the careful debate and vetting of ideas is important. It was a major mistake to include anything other than BIP101 to XT (though I disagree with the accusations levied at the additions.) It's going to be a slow drip to the conference in Dec. Until then, I'll stockpile memes and get ready to ride the pump when an agreement is in view.

My personal opinion agrees with Peter R, miners are economically incentivized to choose an appropriate max_block_size. Control at the protocol level is illusory, and inappropriate. Given enough time, I think we'll see this happen, but not without much hand wringing and gnashing of teeth. 

[ChartBuddy]

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[ChartBuddy]

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[ChartBuddy]

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[rememberme]

The weekend dump is coming 

[dre1982]

The weekend dump is coming 

.

 like always but now it's higher then normal so the can't dump it lower then last time.

[ChartBuddy]

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