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

[Dafar]

BU is garbage, only a fucking idiot thinks it's a good idea. The entire technical community is behind segwit and wallets are ready to support the upgrade. But we have a pathological liar (Roger Ver) and a power grabbing miner (Jihan) backing BU by spreading propaganda instead of merits behind the advantage of BU vs Segwit. Yeah no thanks, this is going to end up in history as another bump in the road like XT, ghash.io, etc

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[jbreher]

BU is garbage, only a fucking idiot thinks it's a good idea.

I think BU is a good idea. I realize you don't know me from adam, but I assure you, I am not a fucking idiot. Certainly the evidence of my position in life disproves the assertion.

Mr. "I'm gonna defraud a million bucks from daddy under false pretenses" (bystanders might ask Dafar what I refer to here)

I note you make no argument -- only sling shit -- in your screed.

Oh look - new material edited. OK - amongst the ad-homs you do say one thing at least defensible:

BU may never achieve critical mass. As neither has done Classic or others...

...As neither has done The SegWit Omnibus Changeset.

[notme]

BU is garbage, only a fucking idiot thinks it's a good idea.

I think BU is a good idea. I realize you don't know me from adam, but I assure you, I am not a fucking idiot. Certainly the evidence of my position in life disproves the assertion.

Mr. "I'm gonna defraud a million bucks from daddy under false pretenses" (bystanders might ask Dafar what I refer to here)

I note you make no argument -- only sling shit -- in your screed.

Oh look - new material edited. OK - amongst the ad-homs you do say one thing at least defensible:

BU may never achieve critical mass. As neither has done Classic or others...

...As neither has done The SegWit Omnibus Changeset.

It is hilarious how much panic a few BU blocks can cause.  Even if BU becomes the majority, it won't fork until a large size is coordinated with all the relevant actors.  Nobody in their right mind would mine a block bigger than 1MB before everyone is ready.  If they do, fuck 'em.  But all the smallblockists are shitting themselves over nothing.  BU doesn't solve the block size debate or remove the block size limit.  It just enables decisions to be made by people who aren't developers.  If you want your decentralized money system to have price controls, I'm not sure why you chose to support bitcoin.

[swogerino]

If a few BU blocks can cause it to dump that much in a matter of minutes I can't imagine what will happen when the rest are unleashed into the bitcoin war.
That puts the fear of death into me.

[jbreher]

If a few BU blocks can cause it to dump that much in a matter of minutes...

WTF are you talking about? BU blocks have been being mined for months. Running pretty much neck & neck with segwit, even.

[Ibian]

Never saw a good argument against "let's double the number of transactions [2 MB blocks]".

Some people just seem to want to drag everyone else down.

[becoin]

First...

It is hilarious how much panic a few BU blocks can cause.

Then...

WTF are you talking about? BU blocks have been being mined for months.

WTF... What are you smoking?

[york780]

Is this a new dump coming or just a trap guys?

[Dafar]

BU is garbage, only a fucking idiot thinks it's a good idea.

I think BU is a good idea. I realize you don't know me from adam, but I assure you, I am not a fucking idiot. Certainly the evidence of my position in life disproves the assertion.

Mr. "I'm gonna defraud a million bucks from daddy under false pretenses" (bystanders might ask Dafar what I refer to here)

I note you make no argument -- only sling shit -- in your screed.

I'm not married to segwit, but I'm unconvinced that BU or any hardfork-driven change to the actual protocol is necessary or even the right move. I rarely hear any talks about the merits of BU over segwit, 90% of the time the opinions of that community become so personal and political that it's hard to even hear reason in their arguments. When you don't have the merits to back up your argument you rely on propaganda, but I'm getting sick of being told bitcoin is dying unless some drastic HF happens right now. That is just bullshit and my vision of bitcoin is not as shortsighted as these people. I'm okay with bitcoin being the way it is right now, scaling is gonna happen one way or another... and I will back the side that has received extensive testing and review. Segwit offers most of what people wanted to begin with, which is a near doubling of transaction capacity, virtually all of the technical community supports it, and wallets are ready to go with that support. I just don't see people's attraction to BU and I have done my due diligence

Oh look - new material edited. OK - amongst the ad-homs you do say one thing at least defensible:

BU may never achieve critical mass. As neither has done Classic or others...

...As neither has done The SegWit Omnibus Changeset.

I did not even edit my post, are you fucking stupid?

Actually, you are a BU supporter so the answer is yes

It is hilarious how much panic a few BU blocks can cause.  Even if BU becomes the majority, it won't fork until a large size is coordinated with all the relevant actors.  Nobody in their right mind would mine a block bigger than 1MB before everyone is ready.  If they do, fuck 'em.  But all the smallblockists are shitting themselves over nothing.

I'm glad you have confidence, but a lot of the parties who support BU don't seem to have bitcoins best interest in mind. Just go visit the BU fourm r/btc, half the posters are alt coin pumpers and they are just praying for BU to gain more traction

[becoin]

Just go visit the BU fourm r/btc, half the posters are alt coin pumpers and they are just praying for BU to gain more traction

Much more than half.

[barbarah]

If a few BU blocks can cause it to dump that much in a matter of minutes I can't imagine what will happen when the rest are unleashed into the bitcoin war.
That puts the fear of death into me.

Pfft!
Look dude.

it is so funny that all of this crap is just over 3 (or i think 5 according to coin.dance) new blocks that were signalling BitcoinUnlimited and there has been 231 other blocks out of last 1000 previous blocks doing the same signaling.

are you still saying what's her face is crashing bitcoin price? i don't think so.

It was just nothing really.

[savetherainforest]

Is this a new dump coming or just a trap guys?

Looks like a "cliché" dump!        (word of advice: don't hope for too much! Be happy with a $20-30$ dip then buyback in)

[Ted E. Bare]

[julian071]

My feelings exactly.

I choose to hodl btw.

[york780]

Man i bought my btc in the dip ad sold them again. This hurts , but the downtrend is a fact. Hell starts tomorrow when chinese exchanges open again. + technical issues + ETF dissaproval. See you next week my sweet btc 

[jbreher]

WTF are you talking about? BU blocks have been being mined for months.

WTF... What are you smoking?

I'm smoking that which enables me to see the obvious truth that BU blocks have been being mined for months. For more than a year, actually:

http://xtnodes.com/#bitcoin_classic_blocks

[jbreher]

I'm not married to segwit, but I'm unconvinced that BU or any hardfork-driven change to the actual protocol is necessary or even the right move...

Well, at least you actually advanced some elements of an argument there. All perfectly wrong, but much better than merely slinging shit.

Just go visit the BU fourm r/btc...

What on earth compels you to claim the r/btc is 'the BU forum'? If there is any such thing as 'the BU forum', it would be the forum on bitco.in - which would be where the project was initially dreamed up, discussed, and coordinated, and continues to act as the forum where such discussion is done. r/btc is merely the default refuge of all cryptocurrency enthusiasts disenfranchised by r/bitcoin moderation policies.

[mainpmf]

Is this a new dump coming or just a trap guys?

Looks like a "cliché" dump!        (word of advice: don't hope for too much! Be happy with a $20-30$ dip then buyback in)

Mah
I'm just hoping it will be a 40$ dump...
Last time we reach those heights it was NOT a 40$ dump xD

[Ibian]

So why don't we want to double traffic? Anyone?

[0rganic]

Man i bought my btc in the dip ad sold them again. This hurts , but the downtrend is a fact. Hell starts tomorrow when chinese exchanges open again. + technical issues + ETF dissaproval. See you next week my sweet btc 

Great! so you're finished with Bitcoin, and you can delete your trolling account, good riddance.