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Question: What happens first:
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26370853 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.)
BitUsher
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February 11, 2016, 02:18:06 PM

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In the next 3 weeks, we need the Bitcoin Core developers to work with us and clarify the roadmap with respect to a future hard-fork which includes an increase of the block size.

They Think Its All Overtm

How many times do we have to repeat? We want , need (for payment channels), and require bigger blocks. Core has been discussing and planning for a HF block size increase for months. Our disagreements with Classic have to deal with the timing , and way it was being deployed... as of which the statement indicates both a support of segwit as the temporary capacity bump and--


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We also believe that hard-forks should only be activated if they have widespread consensus and long enough deployment timelines.

If you have been following the conversations between the miners and developers "long enough deployment timelines" means 1 year. This statement indicates that the signers want to plan for and get ready for a goal for a future HF a year from now. They want come up with a rough plan immediately(3 weeks) so  the HF does happen 1 year from now and doesn't get pushed off indefinitely.
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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bargainbin
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February 11, 2016, 02:21:11 PM

Meanwhile, back at the ranch Smiley


https://coin.dance/nodes
aztecminer
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February 11, 2016, 02:22:05 PM

the price is getting to grow right now a little bit i wonder how will the classic release affect the price

Don't worry it won't ^^

There is no reason for the release of btc classic to affect the price!
Only the size issue will affect the price right now.



lol... u must have missed the Marshal's Auction Pump 2015 when the price surged to $500 under the guise of some russian pyramid scheming the chinese . #bitcoinbizarroworld
BldSwtTrs
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February 11, 2016, 02:22:53 PM
Last edit: February 11, 2016, 02:33:25 PM by BldSwtTrs

Quote
In the next 3 weeks, we need the Bitcoin Core developers to work with us and clarify the roadmap with respect to a future hard-fork which includes an increase of the block size.

They Think Its All Overtm

How many times do we have to repeat? We want , need (for payment channels), and require bigger blocks. Core has been discussing and planning for a HF block size increase for months. Our disagreements with Classic have to deal with the timing , and way it was being deployed... as of which the statement indicates both a support of segwit as the temporary capacity bump and--


Quote
We also believe that hard-forks should only be activated if they have widespread consensus and long enough deployment timelines.

If you have been following the conversations between the miners and developers "long enough deployment timelines" means 1 year. This statement indicates that the signers want to plan for and get ready for a goal for a future HF a year from now. They want come up with a rough plan immediately(3 weeks) so  the HF does happen 1 year from now and doesn't get pushed off indefinitely.
So what we need is a roadmap to agree on having a very small increase in at least one year from now? LOL what a bunch of clowns.

The only businesses that matters which have signed this "consensus letter" are Bitfinex and Bitfury.
8up
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February 11, 2016, 02:25:40 PM

Meanwhile, back at the ranch Smiley


https://coin.dance/nodes

ETH has already 2600 nodes (growth is 60%/last month)
Dotto
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February 11, 2016, 02:26:54 PM

Just curiosity. Does ETH has scalability issues? Same as BTC or different? And monero?

Some link pinpointing to it?
mainpmf
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February 11, 2016, 02:27:23 PM

Meanwhile, back at the ranch Smiley


https://coin.dance/nodes

ETH has already 2600 nodes (growth is 60%/last month)

Wow, is it me or does btc get recked in term of growth? Oo
aztecminer
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February 11, 2016, 02:28:39 PM

the price is getting to grow right now a little bit i wonder how will the classic release affect the price

Don't worry it won't ^^

There is no reason for the release of btc classic to affect the price!
Only the size issue will affect the price right now.

This ^^,  and I'm relatively confident that lots of bitcoiners will buy back in when we successful hard fork away from the PwC partnership to limit Bitcoin block size. Once that blockade is broken the sky's the limit.

Yeah, no reason for all this to continue.

Eth investment was a scam in itself. To convince yourself you just have to look at the fucking number of spams on reddit saying "buy eth buy eth".

Yeah buy that shit so they can dump everything they have, then they'll come to btc for a long term investment xD


sounds like the LTC Halvening Pump Dump Scheme that happened last year out of which exchange was it ?? okkoin ?? where everybody except the people who dumped lost all their profits and one loser got completely rekt .
BitUsher
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February 11, 2016, 02:34:14 PM

Just curiosity. Does ETH has scalability issues? Same as BTC or different? And monero?

Some link pinpointing to it?

Sure, they all have their problems. More importantly Eth is offering some ridiculous complexity that will lead to scaling problems and places it at risk for many future bugs. Most of its scripting ability can easily be replicated in bitcoin and there will be almost no use cases for a turing complete ineffecient blockchain database in the future when decentralized oracles working with the bitcoin blockchain will offer far greater efficiencies.

Why do people want to burn tokenized "fuel" on an extremely inefficient database? What use cases does Ethereum have that can't be better done with Bitcoin and decentralized oracles?
ahpku
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February 11, 2016, 02:36:42 PM

Meanwhile, back at the ranch Smiley


https://coin.dance/nodes

ETH has already 2600 nodes (growth is 60%/last month)

Don't worry, Major Institutional Investors Are Waiting In The Wings, ready to move their families into this war-torn piss-soaked gang-rape projects invest in Bitcoin.
As for myself,
I can't leave her car in this bad area. ... Right now we need to get both of my cars out of this bad area, allright?
aztecminer
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February 11, 2016, 02:39:06 PM

Why can't the Eth shills stick to their own thread? I don't go into their thread spamming a shitcoin.

it's the same crowd ... the ethereum pump is an attempt to spook the bitcoiner masses into the arms of the big-block banksters and their classic cronies ... 'cos "if bitcoin can't scale someone else will"

ethereum has been crawling with banksters from day zero ... they crave the ethos of bitcoin but could never create it.


ether can't scale either. has same problem . #GimpedCoin
BldSwtTrs
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February 11, 2016, 02:42:45 PM

Why can't the Eth shills stick to their own thread? I don't go into their thread spamming a shitcoin.

it's the same crowd ... the ethereum pump is an attempt to spook the bitcoiner masses into the arms of the big-block banksters and their classic cronies ... 'cos "if bitcoin can't scale someone else will"

ethereum has been crawling with banksters from day zero ... they crave the ethos of bitcoin but could never create it.


ether can't scale either. has same problem . #GimpedCoin
The main advantage of Ethereum over Bitcoin is that people in control are qualified and are expected to not screw everything, unlike Core people.
BitUsher
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February 11, 2016, 02:44:54 PM


The main advantages of Ethereum over Bitcoin is that people in control are qualified and expected to not screw everything, unlike Core people.

You must be oblivious to the development crisis's and mistakes in Ethereum and the flight of developers from that project.
ImI
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February 11, 2016, 02:50:29 PM


The main advantages of Ethereum over Bitcoin is that people in control are qualified and expected to not screw everything, unlike Core people.

You must be oblivious to the development crisis's and mistakes in Ethereum and the flight of developers from that project.

I think its main advantage could be that the founder of the project is still there and functions as a "natural consensus". Also its good that his identity is known.

Apart from that ETH could get the same problems and civilwars that Bitcoin is experiencing.
craked5
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February 11, 2016, 02:59:19 PM


The main advantages of Ethereum over Bitcoin is that people in control are qualified and expected to not screw everything, unlike Core people.

You must be oblivious to the development crisis's and mistakes in Ethereum and the flight of developers from that project.

I think its main advantage could be that the founder of the project is still there and functions as a "natural consensus". Also its good that his identity is known.

Apart from that ETH could get the same problems and civilwars that Bitcoin is experiencing.

That's a true advantage to got a leader indeed... It prevents any divisions of point of view or of development as long as he's not making too crazy decisions.
ChartBuddy
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February 11, 2016, 03:01:18 PM

Coin



Explanation
BldSwtTrs
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February 11, 2016, 03:01:49 PM


The main advantages of Ethereum over Bitcoin is that people in control are qualified and expected to not screw everything, unlike Core people.

You must be oblivious to the development crisis's and mistakes in Ethereum and the flight of developers from that project.

I think its main advantage could be that the founder of the project is still there and functions as a "natural consensus". Also its good that his identity is known.

Apart from that ETH could get the same problems and civilwars that Bitcoin is experiencing.

That's a true advantage to got a leader indeed... It prevents any divisions of point of view or of development as long as he's not making too crazy decisions.
Don't be too harsh, in BTC we have leaders also!

Adam "I were the first to heard about Satoshi but thought he was a moron" Back, and Greg "I am smarter than everyone else but have no clue about economics" Maxwell are our great leaders!
BitUsher
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February 11, 2016, 03:03:10 PM
Last edit: February 11, 2016, 03:13:47 PM by BitUsher



That's a true advantage to got a leader indeed... It prevents any divisions of point of view or of development as long as he's not making too crazy decisions.


There are advantages to multiple of the best development minds maintaining bitcoin in consensus. Ethereum investors are going to be in for a rollercoaster when the token starts being used in the wild and Vitalik sets off the bomb to switch from PoW to an untested (in the real world) PoS.

It is one hell of a gamble for a future in which there are no good use cases for the token.
craked5
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February 11, 2016, 03:12:37 PM


The main advantages of Ethereum over Bitcoin is that people in control are qualified and expected to not screw everything, unlike Core people.

You must be oblivious to the development crisis's and mistakes in Ethereum and the flight of developers from that project.

I think its main advantage could be that the founder of the project is still there and functions as a "natural consensus". Also its good that his identity is known.

Apart from that ETH could get the same problems and civilwars that Bitcoin is experiencing.

That's a true advantage to got a leader indeed... It prevents any divisions of point of view or of development as long as he's not making too crazy decisions.
Don't be too harsh, in BTC we have leaders also!

Adam "I were the first to heard about Satoshi but thought he was a moron" Back, and Greg "I am smarter than everyone else but have no clue about economics" Maxwell are our great leaders!

Dang you're not reassuring me buddy...



That's a true advantage to got a leader indeed... It prevents any divisions of point of view or of development as long as he's not making too crazy decisions.


There are advantages to multiple of the best development minds maintaining bitcoin in consensus. Ethereum investors are going to be in for a rollercoaster when the token starts being used in the wild and Vitalik sets off the bomb to switch from PoW to an untested (in the real world) PoS.

It is one hell of a gamble for a future in which their are no good use cases for the token.

True, but that question is more about the whole way Eth was even conceived...
bargainbin
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February 11, 2016, 03:13:24 PM
Last edit: February 11, 2016, 03:25:29 PM by bargainbin

Bitcointalk Default Trust Member Escrow.ms Arrested For Debit Card Fraud
Ahahahahaha Cheesy
Turtles all the way down Cheesy
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