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

[Ibian]

Alright look guys. This whole bcash shill thing needs to stop. It has become an automatic reaction for some of you. Kind of like how SJWs call everyone nazis.

There is a simple test for these things. If you can't say something positive about your opponents, then you are the ideologue. Let's have a group exercise this morning. Say something nice about bcashers.

Ok.. Ok.. if I HAVE to...  um...

"In the end they will have given me their money."

There.  You are right.  I feel better already!

Two of you have made this point, and it is a good point. I have benefited from it as well. But, as technically correct as it is and as good as it feels, it is still just another form of dragging people down.

It's the difference between seeing a rich person and going "he must have stolen to get that much money" or going "I want to be rich too!".

One is destructive, the other constructive.

Personally, I wouldn't mind if bcash goes to zero forever. But this is not about them. It's about us. The more we focus on pulling others down, the more we become like them, the more likely it is we do things that hurt our own cause just to spite others.

So, really this time, positive things about bcashers.

[Ibian]

Words have meanings. I am not renumerated by others for my BCH advocacy. Accordingly, I am not a shill.

Language changes news at eleven. Have you not noticed, you silly old fossil?

Lotsa the young now use 'shill' to mean 'advocate' or 'adherent' and they use 'paid shill' to mean that insult that scares you so, the older-fashioned 'shill'.

I am a bitcoin shill. You are a shitcoin shill. Deal with it lol.

He is, however, profiting from doing so, which is an indirect form of shilling.

That's not the problem. The problem is that a lot of you use it simply as a catch-all to shut people up.

Again no. It is your problem not 'the' problem. You don't like it, fine, good, but own it, say 'my problem'.
I don't happen to agree, as I reckon we would all be better off if the language police could fuck off and leave us to shutting a lot more people the fuck up by whatever means necessary.

Things that affect us all, affect us all. Even if you can't see it. And you ARE the language police. Every time you call someone a shill who is not actually shilling anything, that's policing. It's calling someone a wrongthinker. And if you don't know what that means then go read 1984. Actually read it, don't just google that term.

Someone once said shilling doesn't mean anything. Oh wait that was you. You were right, it's lost almost all of its negative meaning nowadays.
And don't do that - go and ~do homework~ read such and such children's book. fuck that we all read that shit in kindergarten ffs, and at o-level and again when we grew up.
If it's all new to you , fine, but wake me up when you've read half what I have that is relevant to this. Oh wait you'll never catch up because of your cruel confirmation bias.
In the meantime, you're back on ignore. You can have the last words, as all you seem to want to do is get your own point across.

I said it doesn't mean anything beyond "shut up". Which is how you are using it, again, right here. And did you just call 1984 a childrens book with a straight face?

And for the record, no. What I want is to be wrong. So help me out. It's the only way to learn.

[jojo69]

may the Lord bless and keep Roger...far away from us

[fluidjax]

If you haven't seen this before it's worth a watch.

Andreas explains why Big Blocks are not going to work. (watch time: 5-6mins, Petabyte Blocks & Streaming Money)

https://youtu.be/AecPrwqjbGw?t=11m39s

[TReano]

If you haven't seen this before it's worth a watch.

Andreas explains why Big Blocks are not going to work. (watch time: 5-6mins, Petabyte Blocks & Streaming Money)

https://youtu.be/AecPrwqjbGw?t=11m39s

he is talking about how big block sizes would make bitcoin centralized (because he knows how Computing technologie would develop in the next 10 years ofc.)

Even if so: LN is by design centralized.


So whats that argument even about?

[Ibian]

If you haven't seen this before it's worth a watch.

Andreas explains why Big Blocks are not going to work. (watch time: 5-6mins, Petabyte Blocks & Streaming Money)

https://youtu.be/AecPrwqjbGw?t=11m39s

Segwit in its current form can't handle hundreds of millions of users either. That was never what it was about. We needed a step up, a year earlier than we got it, and we had a few options to do so. For the current leg, and I repeat myself yet again, why was segwit better than simply doubling the blocksize? Nobody seems willing to explain that bit, for whatever reason.

[Rosewater Foundation]

So, really this time, positive things about bcashers.

The old man has finally lost it. Sad

[Torque]

The point is that people who are not shilling anything are being called shills. It's exactly the same process as when lefties call peoples nazis. It doesn't mean anything anymore, beyond "shut up".

The point is that people who come in here criticizing Bitcoin for being somehow broken, or not working as intended, when the exact *opposite* is true, do need to be told to SHUT THE FUCK UP.

So, really this time, positive things about bcashers.

Why don't you fuck off if we don't care to answer your fkn forced question that no one asked for or even gives a shit about? BCashers are deluded idiots, sorry.

[cAPSLOCK]

If you haven't seen this before it's worth a watch.

Andreas explains why Big Blocks are not going to work. (watch time: 5-6mins, Petabyte Blocks & Streaming Money)

https://youtu.be/AecPrwqjbGw?t=11m39s

he is talking about how big block sizes would make bitcoin centralized (because he knows how Computing technologie would develop in the next 10 years ofc.)

Even if so: LN is by design centralized.


So whats that argument even about?

I think your assertion that LN is centralized needs proof, Jonald.  To the extent LN becomes a distributed network with nodes that handle different amounts of traffic we could arguably move in the direction of less centralization but there are two points worth making.

Early days.  The protocol can be extended to improve it's distribution.

High speed, low fee payments, Improved privacy, cross atomic swaps, deferred settlements, all outweigh the small amount of centralization, imo.

[Torque]

For the current leg, and I repeat myself yet again, why was segwit better than simply doubling the blocksize? Nobody seems willing to explain that bit, for whatever reason.

Answer why doubling the block size is even needed at this point in time. With actual logic and facts to back your argument.

[xhomerx10]

OT: Here's video of a cute market analyst talking about the current Chinese stock market.
https://www.bloomberg.com/news/videos/2018-06-28/are-china-markets-having-a-2015-moment-video

Notice that through the entire short video, there's absolutely no discussion at all of the actual underlying Chinese economy itself and whether the market accurately reflects it or not. Just a bunch of blather about possible de-leveraging and the Chinese government's ability to manage the markets effectively or not.

Point? Fake, propped up market completely decoupled from reality.

Yup, thought she was a 7 at first, but then she started talking. 6/10 would not invest.

Every year China financial analysts bet each other on the 2nd and 3rd figures in the growth figures to be announced. Obviously it's gonna be 6.8something percent, but what exactly? 6.811%? 6.873%?

also ot: a great if old report on China consumer https://twitter.com/3747S_14458E/status/1012295079996764161

China, double figure grow at any price, yes thats right no room on bicycle way because of bicycles.
https://www.theatlantic.com/photo/2018/03/bike-share-oversupply-in-china-huge-piles-of-abandoned-and-broken-bicycles/556268/
Lets not even talk about the cityes build in some remote place and can house millions

 Dude, we've already visited the China/bicycle issue in this thread; been there meme'd that.  Try to keep up!

Hey look guys, it's no wonder that China's economy is so strong 'cause they've been busy manufacturing things that people want! They can't keep up with demand, lol

https://www.theatlantic.com/photo/2018/03/bike-share-oversupply-in-china-huge-piles-of-abandoned-and-broken-bicycles/556268/

 I don't really have a need for a surplus bike atm... too bad the bicycles weren't Bitcoin.



...dreaming

[Ibian]

The point is that people who are not shilling anything are being called shills. It's exactly the same process as when lefties call peoples nazis. It doesn't mean anything anymore, beyond "shut up".

The point is that people who come in here criticizing Bitcoin for being somehow broken, or not working as intended, when the exact *opposite* is true, do need to be told to SHUT THE FUCK UP.

Never said that. I said that bigger blocks would have been a better solution. Can you explain why I'm wrong, with something other than emotional outbursts?

[Rosewater Foundation]

and I repeat myself yet again

 

[Torque]

Never said that. I said that bigger blocks would have been a better solution. Can you explain why I'm wrong, with something other than emotional outbursts?

Answer why doubling the block size is even needed at this point in time. With actual logic and facts to back your argument.

Or, ya know, stfu.

[Anon136]

Even if so: LN is by design centralized.

This is the big fallacy. Bro, Even if LN is centralized (debatable but it is more centralized in some aspects by necessity) that doesn't make Bitcoin more or less centralized because Lightning Network ISN'T BITCOIN.

[Ibian]

For the current leg, and I repeat myself yet again, why was segwit better than simply doubling the blocksize? Nobody seems willing to explain that bit, for whatever reason.

Answer why doubling the block size is even needed at this point in time. With actual logic and facts to back your argument.

Stop putting words in my mouth already.

[Ibian]

Even if so: LN is by design centralized.

This is the big fallacy. Bro, Lightning Network does't make bitcoin centralized because Lightning Network ISN'T BITCOIN.

So it's not bitcoin being moved around?

[Anon136]

Even if so: LN is by design centralized.

This is the big fallacy. Bro, Lightning Network does't make bBitcoin centralized because Lightning Network ISN'T BITCOIN.

So it's not bitcoin being moved around?

Sorry you are right. FTFY

[Torque]

For the current leg, and I repeat myself yet again, why was segwit better than simply doubling the blocksize? Nobody seems willing to explain that bit, for whatever reason.

Answer why doubling the block size is even needed at this point in time. With actual logic and facts to back your argument.

Stop putting words in my mouth already.

I can't put words in your mouth, because your foot is stuck in there already.

Quit trollin'.

[xhomerx10]

Ok. I will learn to steal groceries. Let's do this thing.

Are we so poor now?

Damn, this is getting ugly too fast.

 Guys, we don't need to resort to theft; there is food for hodlers:



 ...and less sodium means less blockchain bloat.