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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 26371035 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.)
ChartBuddy
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January 31, 2016, 05:01:25 PM

Coin



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AlexGR
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January 31, 2016, 05:10:23 PM


This map reminds me of: http://nerdapproved.com/misc-weirdness/map-reveals-that-only-the-u-s-europe-japan-care-about-zombies/

But then again, that's a close resemblence of the internet activity map, which overlaps pretty much most internet activity, including bitcoin nodes Tongue
BlindMayorBitcorn
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January 31, 2016, 05:12:53 PM


This map reminds me of: http://nerdapproved.com/misc-weirdness/map-reveals-that-only-the-u-s-europe-japan-care-about-zombies/

But then again, that's a close resemblence of the internet activity map, which overlaps pretty much most internet activity, including bitcoin nodes Tongue

That's spooky, man.  Embarrassed
noobtrader
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January 31, 2016, 05:16:59 PM


This map reminds me of: http://nerdapproved.com/misc-weirdness/map-reveals-that-only-the-u-s-europe-japan-care-about-zombies/

But then again, that's a close resemblence of the internet activity map, which overlaps pretty much most internet activity, including bitcoin nodes Tongue

That's spooky, man.  Embarrassed

i can bet its the same nerd...
rebuilder
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January 31, 2016, 05:22:08 PM

The $7/tx subsidy only illustrates how ridiculous the coffees-on-the-blockchain idea is, and how critical it is that BTC become high-powered money rather than yet another retail payment rail.

Those four tps are the most precious rare things in existence.  The ability to store and/or transfer value quickly, securely, and without permission is unprecedented.  A gigawatt is a small price to pay for the provision of such a modern miracle.
[irrelevant vitriol removed for brevity]

Posts like this give reminds me we have (some) intelligent people left on the forum. Thank you Smiley

The only thing the current subsidised cost-per-transaction shows is that the vast majority of mining profits come from block rewards, with hashrate mainly supported by a steep appreciation in BTC valuation and, presumably, an expectation of similar price trends to continue into the future. The current subsidy-corrected tx cost has hardly anything to do with actual network usage, and is ridiculously high no matter what the optimal use case for BTC ends up being. Unless you can propose a use case where 10% demurrage of wealth yearly is acceptable.
Meuh6879
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January 31, 2016, 05:34:18 PM

But then again, that's a close resemblence of the internet activity map, which overlaps pretty much most internet activity, including bitcoin nodes Tongue

every nodes runs Bitcoin network.
not the group of nodes ...

so, at the map, if korea launch a bomb on US, EU and ... JAP ... you have plenty of nodes on :
- australia
- china
- africa
- and all major island in world with sat. connexion

in internet, you have many sick hole when traffic is shape and ... filtered (country DNS from national ISP for example).

Bitcoin will be never like this.
blunderer
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January 31, 2016, 05:36:22 PM


This map reminds me of: http://nerdapproved.com/misc-weirdness/map-reveals-that-only-the-u-s-europe-japan-care-about-zombies/

But then again, that's a close resemblence of the internet activity map, which overlaps pretty much most internet activity, including bitcoin nodes Tongue

That's spooky, man.  Embarrassed
>“Zombies” in their Google searches.
Because English word?

zombie:  About 167,000,000 results (0.45 seconds)
зoмби:   About 14,600,000 results (0.43 seconds)
AFAIK, Bitcoin nodes aren't susceptible to this sort of thing, because Bitcoin is a WW¢ (world wide currency!!!1)
LMGTFY
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January 31, 2016, 05:36:27 PM

so, at the map, if korea launch a bomb on US, EU and ... JAP ... you have plenty of nodes on :
- australia
- china
- africa
- and all major island in world with sat. connexion

There'll also be a node in North Korea, at least for a few minutes.
takingthis4
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January 31, 2016, 05:51:26 PM

the price fell a little bit and it is stable right now once again, when there will be more movements? i need some action
TReano
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January 31, 2016, 05:58:26 PM

the price fell a little bit and it is stable right now once again, when there will be more movements? i need some action

it's bleeding. There is tension in the market. We could be at the edge of the next bear cycle if this bullrun really dies of like that.
BlindMayorBitcorn
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January 31, 2016, 05:59:05 PM


This map reminds me of: http://nerdapproved.com/misc-weirdness/map-reveals-that-only-the-u-s-europe-japan-care-about-zombies/

But then again, that's a close resemblence of the internet activity map, which overlaps pretty much most internet activity, including bitcoin nodes Tongue

That's spooky, man.  Embarrassed

>“Zombies” in their Google searches.
Because English word?


zombie:  About 167,000,000 results (0.45 seconds)
зoмби:   About 14,600,000 results (0.43 seconds)
AFAIK, Bitcoin nodes aren't susceptible to this sort of thing, because Bitcoin is a WW¢ (world wide currency!!!1)

If you're suggesting what I think you're suggesting (and I think you are), that the Oxford Internet Institute is somehow involved in the conspiracy to cover-up the swelling zombie populations in places like South America, Africa and Asia, then I agree.

But what does Blockstream have to gain from all of this?
ChartBuddy
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January 31, 2016, 06:01:21 PM

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2legit2
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January 31, 2016, 06:06:00 PM

the price is pretty stable right now and i think that it is a good thing for now as people can be more sure that they will not lose money
blunderer
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January 31, 2016, 06:11:39 PM


This map reminds me of: http://nerdapproved.com/misc-weirdness/map-reveals-that-only-the-u-s-europe-japan-care-about-zombies/

But then again, that's a close resemblence of the internet activity map, which overlaps pretty much most internet activity, including bitcoin nodes Tongue

That's spooky, man.  Embarrassed

>“Zombies” in their Google searches.
Because English word?


zombie:  About 167,000,000 results (0.45 seconds)
зoмби:   About 14,600,000 results (0.43 seconds)
AFAIK, Bitcoin nodes aren't susceptible to this sort of thing, because Bitcoin is a WW¢ (world wide currency!!!1)

If you're suggesting what I think you're suggesting (and I think you are), that the Oxford Internet Institute is somehow involved in the conspiracy to cover-up the swelling zombie populations in places like South America, Africa and Asia, then I agree.

But what does Blockstream have to gain from all of this?

Blockstream absorbs Light and Hedons & excretes Darkness and Dolors. No point in anthropomorphizing it with phrases like "have to gain."
Just basic digestion of nice things and excretion of Hell on Earth, Blockstream simply is.
TReano
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January 31, 2016, 06:56:48 PM

the price is pretty stable right now and i think that it is a good thing for now as people can be more sure that they will not lose money

based on what?

...lol...
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January 31, 2016, 07:00:18 PM

There's really only two outcomes without a higher or removed max block size: stagnation or network congestion failure. 

Like you don't need a gun to kill an ant, you don't need bitcoin to buy your damned coffee. Bitcoin is for gentlemen's transactions. Capisc?

Don't tell me what I need. It's that kind of arrogance that is going to make Bitcoin an asterisk in the history of cryptocurrencies. Businesses that dictate to their customers what they should want are gonna have a bad time.

says the man killing 'ants' with sledgehammers & uzis, day in day out

Says the only man making money on this sideways action.
Meuh6879
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January 31, 2016, 07:01:59 PM

There'll also be a node in North Korea, at least for a few minutes.

ChartBuddy
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January 31, 2016, 07:02:36 PM

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Cconvert2G36
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January 31, 2016, 07:06:00 PM
Last edit: January 31, 2016, 07:16:02 PM by Cconvert2G36

The $7/tx subsidy only illustrates how ridiculous the coffees-on-the-blockchain idea is, and how critical it is that BTC become high-powered money rather than yet another retail payment rail.

Those four tps are the most precious rare things in existence.  The ability to store and/or transfer value quickly, securely, and without permission is unprecedented.  A gigawatt is a small price to pay for the provision of such a modern miracle.

It's adorable you think Honey Badger cares about ignorant Gavinista fuckwit ramblings and desires for a contentious hard fork and governance coup.

Please take your Negative Nancy 'zomg Bitcoin is GOING TO DIEEEEE WITHOUT 2MB RIGHT MEOW' bullshit over to BitcoinObituaries.com.

Posts like this give reminds me we have (some) intelligent people left on the forum. Thank you Smiley

Posts like this give reminds me why we have vastly fewer intelligent people left on the this forum.

The one island of intelligence, the old gold thread, was committed to the memory hole for grievous thought crimes… for your protection. Let's admit it, they just didn't jive with a forum filled with sig ad penny farmers, boot lickers, and budding central planners.

~The technical consens-o-tron begins to emit a soothing glow, its speaker crackles with static before a voice begins to come through…~

Grok.

Grok.

User, miner, business… have you begun to Grok the Ethos?
Things are desirable because they are expensive.
Central control is censorship resistance.
Meritorious Monarchy
Dissenting opinions are a sign of disloyalty and fragility.
1MB is a holy number. Changing it = Changing 21 million coins
Segwit is not a change, your node won't even know it happened.
Soft Fork = Safe Fork
Do you want loss of funds?
Do you Cypherpunk?
Do you write Code? [To have it promptly ignored/broken by Wizards]
Do you central plan?
Conflict of Interest is only a conflict if you won't shut up about it.
Stagnation = Growth
Competition is a Sin.
Altcoins do not exist.
Techno Experts are expert.
The price is rising, and will continue to rise as we ascend to the Moon at 2.7 tps.
Hub and Spoke [Peer 2 Peer]
Vaporware is Complete, and is already accepted by the market.
Have you REKT a Gavin today?

Trust Everyone™

~message repeats~
liquidiser
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January 31, 2016, 07:08:29 PM

The blocks are full again. I have been waiting a hell of a long time for a single confirmation. It took an hour to find one block, then the next few blocks afterwards were all full so my transaction's still in limbo. Until somebody fixes this I don't think the price will moon.

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