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Question: Will we close Nov. at or above Plan B's posited minimum of $98K?
Yes - 43 (37.1%)
No - 73 (62.9%)
Total Voters: 116

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25497209 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. (158 posts by 14 users with 9 merit deleted.)
Paashaas
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July 03, 2018, 03:22:04 PM

And that is being said by a guy that even if he's not Satoshi himself most people agrees he could perfectly had been. Additional layers are the only way to really scale orders of magnitude from here.

There has never been an IT system or application in the world that has been able to scale *without* secondary and tertiary layers. Even completely centralized ones. Any IT person, systems admin or programmer can easily tell you that.

That's why these "single layer crypto" idiots need to rightly fkn off. It's like arguing with a rocket scientist that rockets can be built without a propulsion system. Or that the earth is flat. It's condescension at best, lunacy and trolling at worst.

A channel on the Lightning Network can process 500 tps, with 7800 channels means 3.9 million tps. Going from 7 tps to 3.9 million is already a mindblowing increase but.... it is not enough.

We need tens if not hundreds of millions tps for Bitcoin in order to scale globally if you consider the enormous potential while keeping the main chain decentralised and secure as possible.

On-chain scaling was never an option only those bigblocker idiots dreaming about it ore they are not well informed enough.



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Last of the V8s
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July 03, 2018, 03:42:06 PM

Quote
loos therefrom
Where can I buy this Grin
Had to Merit this post.
thanks gents (geddit?)
messaged a guy on the twitter...
JimboToronto
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July 03, 2018, 03:44:54 PM

Good morning Bitcoinland. Finally recovering from Canada Day weekend. Whew!

Small pullback after the last few days' gains but still hanging in... currently $6590USD/$8677CAD (Bitcoinaverage).
_____

Just noticed the new poll. Seems I'm in third place. I'm not sure if I should feel honored by all the wannabes, or do some campaigning for more votes.

I guess I'd better go kiss some babes (over 18 years old, of course).  Cool
Mahirap
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July 03, 2018, 03:48:03 PM

Finally Bitcoin is recovering from the bloodbath that happend this past months. we're at the 7k$ mark right now! more and more are entering the market
Last of the V8s
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July 03, 2018, 03:50:54 PM

Transcripts from building on bitcoin conference
http://diyhpl.us/wiki/transcripts/building-on-bitcoin/2018/
vroom
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July 03, 2018, 03:51:06 PM

Finally Bitcoin is recovering from the bloodbath that happend this past months. we're at the 7k$ mark right now! more and more are entering the market

woah dude, don't jinx it. we said that to many times in the last months. I want to see 10k before I go in carolina mode.
Rosewater Foundation
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July 03, 2018, 03:55:24 PM

Transcripts from building on bitcoin conference
http://diyhpl.us/wiki/transcripts/building-on-bitcoin/2018/

Nice find. I'll do more reading and less shit posting today.
xhomerx10
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July 03, 2018, 04:01:54 PM

Good morning Bitcoinland. Finally recovering from Canada Day weekend. Whew!

Small pullback after the last few days' gains but still hanging in... currently $6590USD/$8677CAD (Bitcoinaverage).
_____

Just noticed the new poll. Seems I'm in third place. I'm not sure if I should feel honored by all the wannabes, or do some campaigning for more votes.

I guess I'd better go kiss some babes (over 18 years old, of course).  Cool

 Seems to me this thread has a dont ask dont tell policy.

Edit: To clarify,  I'm not condoning sex with a minor...  the age of consent in Canada is 16.
Rosewater Foundation
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July 03, 2018, 04:14:23 PM



Edit: Canadians Roll Eyes
infofront
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July 03, 2018, 04:17:40 PM



And that is being said by a guy that even if he's not Satoshi himself most people agrees he could perfectly had been. Additional layers are the only way to really scale orders of magnitude from here.

Visa is a not only a second layer (for the banking system) but a third party completely centralised one. Bitcoin can perfectly compete with that while being decentralised on its core... but only with adding L2 for "caching" the mass of small payments before settling on main blockchain. Also the only way to make those payments "instant" which is a must for most consumer payments.

Let's level with each other for a moment. Nick Szabo is Satoshi. It's an open secret.
Last of the V8s
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July 03, 2018, 04:21:17 PM

Transcripts from building on bitcoin conference
http://diyhpl.us/wiki/transcripts/building-on-bitcoin/2018/

Nice find. I'll do more reading and less shit posting today.

Worth it if it saves Mrs Rosewater from a beating today.
Rosewater Foundation
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July 03, 2018, 04:35:29 PM

Transcripts from building on bitcoin conference
http://diyhpl.us/wiki/transcripts/building-on-bitcoin/2018/

Nice find. I'll do more reading and less shit posting today.

Worth it if it saves Mrs Rosewater from a beating today.

Not today Angry
Rosewater Foundation
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July 03, 2018, 04:40:59 PM



This was a zinger. Grin
JimboToronto
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July 03, 2018, 04:51:43 PM

Worth it if it saves Mrs Rosewater from a beating today.

Mrs Rosewater and her five lovely daughters?

 Grin
Rosewater Foundation
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July 03, 2018, 04:53:19 PM

Worth it if it saves Mrs Rosewater from a beating today.

Mrs Rosewater and her five lovely daughters?

 Grin

zing Undecided
RayX12
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July 03, 2018, 05:03:38 PM

https://www.youtube.com/watch?v=XORDEX-RrAI

feed from Breaking Bitcoin



loos therefrom

Please let me have this paper to clean the left-over shit in my ass!

Torque
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July 03, 2018, 05:18:45 PM
Merited by LFC_Bitcoin (1)

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Bitcoin Splash?

Crapcoin Cash?

Logcoin [n] Dash?
kalehon
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July 03, 2018, 05:27:35 PM

d_eddie
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July 03, 2018, 05:31:53 PM

Can't disagree. I still smell shaking games. Be wary. Call me paranoid if it helps.
Last of the V8s
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July 03, 2018, 05:39:41 PM

If the Dow continues crashing like it did today after the holiday, we're going to need Hairy's patented Liquid Koala Asset Sidechain much sooner than anyone could have predicted.
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