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

[adamstgBit]

i love this girl https://www.youtube.com/watch?v=VQGlcLFhwE0

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[BlindMayorBitcorn]

That reminds me I should cash out some of my ETH on a swag new watch...Is what I would be saying right now if you people had told me the shot. Why'd you keep it a secret, hey?!?

Lambie must be rollin' in swag.

[marcus_of_augustus]

https://www.youtube.com/watch?v=MoNU_-__LlQ

if we are trading cards, you'll find a place in your heart for this beautiful mind.

[adamstgBit]

https://www.youtube.com/watch?v=MoNU_-__LlQ

if we are trading cards, you'll find a place in your heart for this beautiful mind.

i love her too! 

[AlexGR]

Americans blah blah blah...

there are very poor countries where even the 2-3-5 cents are actually money that one can do something in their life, like buy something to eat.

Your cranky/jealous/hater stereotyping/generalizing about North Americans ignores the reasons *WHY* we have come to enjoy such supremely comfortable lifestyles.  Pro tip: 1st world status is earned, not handed out like free candy at a pinata party.  Hint: Culture is a form of technology.

Prosperous countries will typically be those who have a very good ratio of resources divided to a population. There is also an alternative combination where a country has a very large service sector (usually financial services or something to that effect) inflating their GDP, which is in turn distributed to a small population.

You can see the prosperity pattern in countries like Canada, Australia, Norway, Switzerland (financial services), oil-rich arab states, etc.

Large populations compared to available resources is what will -typically- lead to poverty. When you have hundreds of millions to billions with finite resources => you have serious problems.

Please support your assertion that 2-5 cents will buy something to eat.
Where in the world can you buy a snack for 5 cents?  AFAIK not even Thailand/Cambodia/Nepal/India have such cheap food.  IIRC 35 cents is about the lowest you can go for a meal's worth of calories.

If you know better, share the specifics and I'll update Numbeo accordingly.

http://www.dailyfinance.com/photos/food-price-comparison-around-the-world/#!fullscreen&slide=988845

That's ~3 cents per egg btw (for India).

[marcus_of_augustus]

That reminds me I should cash out some of my ETH on a swag new watch...Is what I would be saying right now if you people had told me the shot. Why'd you keep it a secret, hey?!?

Lambie must be rollin' in swag.

lambie got a lambo and now's all cool with the crypto revolution?

must have been unrequited lust was the source of all that angst and inner poison ... money lust that is

[MinermanNC]

i love this girl https://www.youtube.com/watch?v=VQGlcLFhwE0

wow she is bad to the bone! lol, my kind of girl      

I watched the whole thing  

[ChartBuddy]

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[Chef Ramsay]

Yawn. Waiting for the pre-halving bubble got boring. Not that I think it's guaranteed to happen, but I?m confident it will. T minus 4 months.

No, you cashed out bitch. You're out at this point so keep you space. Don't ever come back

[adamstgBit]

Yawn. Waiting for the pre-halving bubble got boring. Not that I think it's guaranteed to happen, but I?m confident it will. T minus 4 months.

No, you cashed out bitch. You're out at this point so keep you space. Don't ever come back

we really should start thanking poeple for giving selling coins, and welcome them back anytime.

[adamstgBit]

my gf has her friend over,

I walked into the other room, and she asks "babe, how much would the USD be worth if it wasnt the global exchange"
I assumed she meant world reserve currency
I replied, " ehhhhhhhh like 1 cent ?  no probably not that bad, but ya, a lot less... "


I find it ODD they are talking about such things...

i'll be back.

[jbreher]

Captain & Tennille, OTOH, was a creepy fat dude with a multitraker. Called himself Captain, named his multitracker Tennille. Yeah, creepy, I know. The name's intentionally deceptive.

Well, actually no.

Daryl Dragon had already had a decade-long successful career as a studio and road musician and producer, when he decided to quit his gig as musical director for The Beach Boys, taking background signer Toni Tennille with him, launching their own platinum-selling recording artist career.

Which of course, has fuck-all to do with Bitcoin.

The More You Know [tm]









Don't ask me why I know this.

[jbreher]

...if agreements cannot be achieved regarding some proposed change(s) in overwhelming ways, then the status quo would continue to carry on until such overwhelming consensus based agreements could be achieved.

If you were being logically consistent, 'status quo' would not be defined as 'the biggest change to the Bitcoin protocol since inception' -- which is exactly what The SegWit Omnibus Changeset really is -- but rather, no change.

But then again, I've not before particularly ascribed logical consistency to your statements...

[ChartBuddy]

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[JayJuanGee]

...if agreements cannot be achieved regarding some proposed change(s) in overwhelming ways, then the status quo would continue to carry on until such overwhelming consensus based agreements could be achieved.

If you were being logically consistent, 'status quo' would not be defined as 'the biggest change to the Bitcoin protocol since inception' -- which is exactly what The SegWit Omnibus Changeset really is -- but rather, no change.

But then again, I've not before particularly ascribed logical consistency to your statements...

Yes.... get in your little dig, jbreher, and that will help us to have a substantive discussion, no?


I do not claim to know everything about these bitcoin scaling discussions, and accordingly, if I am not being logically consistent, it is good for you or anyone else to point out these potential inconsistency matters in order that I am able to attempt to clarify and to verify if there is room for movement, compromise or reconsideration of my position.. to the extent that my opinion and perceptions of things matter in the whole scheme of things.

Your assertion that I am being logically inconsistent implies that either I know all of the facts and I am purposefully engaging in a form of spin to suit my own view or that I am purposefully attempting to skew some facts in order to spin my view.  That is not the case, and you are likely just pissed off because I frequently call out your stupid ass xt and classic supporter friends for being whinny dufusses.

Yes, each of us will give different weight to different facts, yet I don't claim to have any horse in this race besides merely owning bitcoin and wanting bitcoin to succeed (which is probably true with a lot of genuine people on each side of this here blocksize limit debate).   Actually part of the sadness here is that some people really genuinely and truly believe that there is some kind of technical problem with bitcoin and there is some kind of emergency pressing the need to hardfork and increase the blocksize limit, which really seems very apparent as NOT to be the case at the moment.. but we do have a lot of screamers and whiners in this discussion saying that we gotta increase the blocksize and hardfork and change governance.. blah blah blah. 

 In any event, I appreciate anyone genuinely (and not engaging in pussified digs) pointing out if my statements seem to be logically inconsistent or if I am missing some facts because getting clarification of facts or logic could assist me to better understand the issue, if that is needed.

Regarding the underlying substance of what you seem to be asserting about seg wit, my understanding generally is that seg wit is going to be implemented as a mostly non-contentious soft fork. 

I do understand that there are some recent developments with seg wit on the test net that could cause some delays or need to clarify whether seg wit should come first; however, in recent months, there has not been any real or meaningful disagreements regarding whether seg wit should be implemented.. from what I understand it is pretty non-controversial that seg wit should be implemented. 

Some people just believe that it could be faster (and possibly easier) to implement a blocksize limit increase first before seg wit that is if the real goal in this blocksize limit controversy were about the technical issue of blocksize limit increase rather than the underlying and real motives concerning hardforking and attempts at changing governance. 

So, to me, it seems that you, jbreher, are engaging in either a strawman argument by suggesting that seg wit could be controversial (and that core had attempted to implement a controversial protocol change) or you are purposefully getting emotional in your attempt to denigrate the overall points that I was making by calling my assertion inconsistent...  My overall point remains that at this time there seems to be no real evidence that we need to rush into a blocksize limit increase as if bitcoin were in some kind of technical emergency state of disrepair.

 

[ChartBuddy]

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Explanation

[jbreher]

Yes.... get in your little dig, jbreher, and that will help us to have a substantive discussion, no?

Well, you're right. My cheap shot did nothing to move the dialogue along. Sorry.

Yet again...

...

I'm not sure exactly how to extract a single coherent point out of your reply without quoting the whole damned thing. Nevertheless, it would seem that you somehow believe that The SegWit Omnibus Changeset reflects some sort of status quo. Yet it is undeniable that this set of changes is a much greater change to the mechanics of Bitcoin than would be a simple 2MB max block size.

Let us focus upon that for a bit.

[JayJuanGee]

Yes.... get in your little dig, jbreher, and that will help us to have a substantive discussion, no?

Well, you're right. My cheap shot did nothing to move the dialogue along. Sorry.

Yet again...

...

I'm not sure exactly how to extract a single coherent point out of your reply without quoting the whole damned thing. Nevertheless, it would seem that you somehow believe that The SegWit Omnibus Changeset reflects some sort of status quo. Yet it is undeniable that this set of changes is a much greater change to the mechanics of Bitcoin than would be a simple 2MB max block size.

Let us focus upon that for a bit.

Your attempt to summarize my points seems a bit off, yet maybe you are somewhat in the ballpark of making a point that kind of resembles my point. Nonetheless, your making a summary seems to really be lacking in the engagement camp, but instead trying to shift the burden back onto me to explain further, rather than you explaining any of your points in a meaningful way.

To me, it seems that the status quo of bitcoin is the current 1mb limit on the blocksize, and seg wit seems to be a non-controverted next step that is in progress of being implemented .. in either April or May (depending upon whether there are significant problems during testing)..   Accordingly, surely it seems that the plan to implement seg wit has become the status quo.. but such plan still remains a plan at this time and it has not been implemented yet..... so there is quite a bit of speculation concerning whether it is going to resolve more issues than it causes, and there are some questions about whether seg wit is going to cause unexpected issues... Nonetheless, the plan to implement seg wit seems to have reached consensus and therefore is the current plan forward.

A status quo type discussion should not really be controversial, even though while the status quo is in existence, there are proposals on the table to change it, and circumstances could arise in order that the status quo is changed....   In this situation, any change to the status quo or to plans about the status quo is accomplished through consensus..... that is the model and there is some controversy about that, too, so it seems.

 My understanding is that seg wit has consensus while either a straight forward 2 mb increase to the blocksize limit does not have consensus and a hardfork to changing governance does not have consensus..  

My understanding about getting closer in understanding is to attempt to figure out areas of agreement and disagreement and to hone in on those areas to see if we can come to a better understanding of facts and logic.  Is this getting repetitive, or would you like to attempt another summary of what I just said, or are you o.k. with letting my words speak for themselves?

[Fatman3001]

[ChartBuddy]

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