adamstgBit
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Trusted Bitcoiner
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February 14, 2016, 04:04:20 AM |
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and market is ( or was at least ) pricing in this Mage FUD buy buy buy!
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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BlindMayorBitcorn
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February 14, 2016, 04:08:05 AM |
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<snip city>
Also, governments are a lot less hostile than anyone would have anticipated several years ago. Apparently, they are much more indirectly hostile than they are directly hostile , which allows for some attempts to figure out spaces to manuever within the decentralized space and to continue to expand without internally destructing. Looks pretty decent at the moment, even though we may be experiencing a lot of ups and downs on the way to the new ATH and delays etc etc... whether we reach new ATHs in this year or within the next few years, at the moment, bitcoin seems to have a pretty decent foundation... including having various inputs and considerations regarding current and future scalability issues.
The GCHQ is paying people like me to come up with outlandish user names and post tripe. I'd say that's pretty directly hostile. i like posting pics it brightens up the pages. Someone has a copy of the playbook.
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ChartBuddy
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February 14, 2016, 05:01:18 AM |
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billyjoeallen
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Hide your women
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February 14, 2016, 05:06:09 AM |
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"on the cusp"? We're on the cusp of Deez Nuts. We ain't on the cusp of shit except fullblockalypse.
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JimboToronto
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You're never too old to think young.
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February 14, 2016, 05:08:14 AM |
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We ain't on the cusp of shit except fullblockalypse.
LOL
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solitude
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February 14, 2016, 05:30:29 AM |
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and market is ( or was at least ) pricing in this Mage FUD buy buy buy!Mage FUD? Since when is the CEO of Coinbase a Mage? Is this World of Warcraft? And what exactly is FUD about what he said? I'm no coinbase shill, I hate the company, but what he's saying is right. Why the fuck are we still at 1mb blocksize? Why are there so many FUDsters and SHILLS on the CORE side? I stopped mining about a year about because I'm not a chink with free electricity, but I started running a classic node yesterday. Fuck these Core Cocksuckers and their bankster special interests (and fuck theymos with a giant black dildo while we're at it, im sure his asshole's circumference is the size of a meteor crater anyway) Make America Great Again!
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Fatman3001
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Make Bitcoin glow with ENIAC
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February 14, 2016, 05:40:19 AM |
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Aztecminer likely sold his account to a shill. A year ago he was bullish and a active miner.
You can't fake his brand of crazy. No offense, Aztec.
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ChartBuddy
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February 14, 2016, 06:01:04 AM |
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Chef Ramsay
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February 14, 2016, 06:39:19 AM |
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I just now notice that user tarmi has finally died from shorting bitcoin. He got rekt and sold his account. Can't win. Yeah, he got hot-boxed by the eternal bear market of yesteryear (after a long run of amazing profits - [I'm great at this and can do no wrong ]) and failed to adapt to the new wave in this market. His prior hubris and arrogance reminds me of at least 2 mainstays around here. We'll see if they get crushed as well. My sympathies. Not really.
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Chef Ramsay
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February 14, 2016, 06:44:11 AM |
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So, basically bitcoin is going to hell. Cuz Biff, Billy or Barnie said so. You selling the farm on this?
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ChartBuddy
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February 14, 2016, 07:01:05 AM |
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bitebits
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Flippin' burgers since 1163.
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February 14, 2016, 07:10:27 AM |
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We're already seeing blocks fill up on this pump. I'm curious as to how a rally can be sustained when confirmation times take hours.
Wouldn't that increase the intensity of the pump? Getting fiat to the exchanges to buy bitcoins is slow because of the antique clearing houses, but at least it is constant delay. Bitcoins sent to the exchanges on price rices are mostly meant to be sold. Having this delayed would only increase the pump right? Whales who determine the bitcoin price will just increase their transaction fee to whatever price to be in the next block, so I don't think full blocks really have an effect to either direction of the price.
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billyjoeallen
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Hide your women
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February 14, 2016, 07:47:19 AM |
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We're already seeing blocks fill up on this pump. I'm curious as to how a rally can be sustained when confirmation times take hours.
Wouldn't that increase the intensity of the pump? Getting fiat to the exchanges to buy bitcoins is slow because of the antique clearing houses, but at least it is constant delay. Bitcoins sent to the exchanges on price rices are mostly meant to be sold. Having this delayed would only increase the pump right? Whales who determine the bitcoin price will just increase their transaction fee to whatever price to be in the next block, so I don't think full blocks really have an effect to either direction of the price. If you had varying water pressure at your house, where one day you had a torrent and the next day a trickle, would that make you want to buy stock in the water company?
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ChartBuddy
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February 14, 2016, 08:01:16 AM |
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orpington
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February 14, 2016, 08:38:08 AM |
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We're already seeing blocks fill up on this pump. I'm curious as to how a rally can be sustained when confirmation times take hours.
Wouldn't that increase the intensity of the pump? Getting fiat to the exchanges to buy bitcoins is slow because of the antique clearing houses, but at least it is constant delay. Bitcoins sent to the exchanges on price rices are mostly meant to be sold. Having this delayed would only increase the pump right? Whales who determine the bitcoin price will just increase their transaction fee to whatever price to be in the next block, so I don't think full blocks really have an effect to either direction of the price. If you had varying water pressure at your house, where one day you had a torrent and the next day a trickle, would that make you want to buy stock in the water company? What kind of bullshit analogy is that? lol
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DaRude
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In order to dump coins one must have coins
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February 14, 2016, 08:59:48 AM |
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Hidde ask wall on Finex at $400. Let's see how big it is
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ChartBuddy
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February 14, 2016, 09:01:05 AM |
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AlexGR
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February 14, 2016, 09:09:24 AM |
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https://bitcoinfees.21.co/The fastest and cheapest transaction fee is currently 30 satoshis/byte, shown in green at the top. For the median transaction size of 306 bytes, this results in a fee of 9,180 satoshis.
9180 satoshis = 0.03 USD. 3 cents for "urgent" first block inclusion = nearly zero fees.
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Ibian
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February 14, 2016, 09:48:55 AM |
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We're already seeing blocks fill up on this pump. I'm curious as to how a rally can be sustained when confirmation times take hours.
Wouldn't that increase the intensity of the pump? Getting fiat to the exchanges to buy bitcoins is slow because of the antique clearing houses, but at least it is constant delay. Bitcoins sent to the exchanges on price rices are mostly meant to be sold. Having this delayed would only increase the pump right? Whales who determine the bitcoin price will just increase their transaction fee to whatever price to be in the next block, so I don't think full blocks really have an effect to either direction of the price. If you had varying water pressure at your house, where one day you had a torrent and the next day a trickle, would that make you want to buy stock in the water company? Yeah, it's the only water company in town.
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ChartBuddy
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February 14, 2016, 10:01:19 AM |
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