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Question: Which price is bitcoin going to reach first? (credits to Jay)
$25K - 56 (34.6%)
$50K - 106 (65.4%)
Total Voters: 162

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25375801 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. (157 posts by 13 users deleted.)
jbreher
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lose: unfind ... loose: untight


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July 17, 2018, 08:08:24 PM

And if that each person wanted to make just 32 transactions to different people bcash would need 30yrs to process that. Think about that!

I have thought about that. Today, that is indeed the case. Or even maybe longer - as 32MB is the currently supported max, which is subject to miners' decisions to create blocks smaller than max.

Which is, of course, why there has been discussion within the BCH development community -- for as long as there has been a BCH -- on other orthogonal approaches to scaling.

So while true today, it will be false for some value of 'tomorrow'.

In the meantime, BCH is not suiciding itself for the sake of some illusory benefit of 'decentralization' along some axis that is entirely irrelevant.

Orthogonal?

Yes. Do you understand the term? In this case, meaning scaling in a manner unrelated to the max block size.

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You mean like side chains!

Sidechainy things are within the universe of things being discussed, though certainly not exclusively, nor even leadingly.

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WTF that wasn't in Satoshi's white paper!!!

Point?

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Wait so you're saying that different solutions might come in the future so time and resources are better spent on near term issues

In a manner of speaking, yes. Time tested engineering principles focus on the bang-for-the-buck solutions. Always.

However, it is not 'might come'. We know of several scaling solutions orthogonal to increasing the max block size. The discussions underway are focused upon cost/benefit analysis. Or alternately risk/benefit analysis. You know - the essence of engineering.


Reread that ^ few times, and then read your initial troll post about it taking 30yrs to transfer BTC to every human on earth. And then try really really REALLY hard to continue to troll as if you don't see the parallels

No thanks. Unless you come up with something meaningful and worthy of consideration, I am done wasting my time on this branch of the discussion.
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Rosewater Foundation
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July 17, 2018, 08:16:03 PM
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Full disclosure, I have vaguely collectivist leanings. Throbbing, unfettered global capital run amok has occupied every housing market on the planet. It’s time the filthy rich were forced to park their money in Bitcoin.
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July 17, 2018, 08:21:26 PM

No Vegeta memes?

Guys I’m disappointed.

Searing
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July 17, 2018, 08:22:35 PM

Full disclosure, I have vaguely collectivist leanings. Throbbing, unfettered global capital run amok has occupied every housing market on the planet. It’s time the filthy rich were forced to park their money in Bitcoin.


the most 'sensible' draconian dictatorship type of power grab I've ever seen, seems very reasonable to me!

(er...I may be a 'bit' biased as I'm already in HODL mode.....naw......I'm a wonderful fellow...so all above must be just dandy!)

snicker

brad
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July 17, 2018, 08:24:17 PM

it is *logically true* that my *literal* assertion proved "false" as it was not identical to what he said.

Thanks for keeping it real.

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I could have started arguing over the subtleties such as even in that ridiculously extreme theoretical scenario Schnorr sigs would in fact "alleviate" (reduce) the time needed... but then he would have replied that it wouldn't because he already was considering ONLY single input tx's... and so on....

My words are carefully chosen. Usually. Except when I'm under the sauce.

I seek only the truth. Well, that and the profit that can be had from applying knowledge of that truth.

JJG's stalwart refusal to entertain any notion not currently within his self-imposed event horizon may eventually lead to his downfall.
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July 17, 2018, 08:31:42 PM

Full disclosure, I have vaguely collectivist leanings. Throbbing, unfettered global capital run amok has occupied every housing market on the planet. It’s time the filthy rich were forced to park their money in Bitcoin.


the most 'sensible' draconian dictatorship type of power grab I've ever seen, seems very reasonable to me!

(er...I may be a 'bit' biased as I'm already in HODL mode.....naw......I'm a wonderful fellow...so all above must be just dandy!)

snicker

brad


My biases made me the Bitcorn revolutionary I am today. I stand by them.
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July 17, 2018, 08:34:20 PM


nope

I think we need one more gut wrenching drop to put in a credible bottom.  A failure here at 68......

That's what my gut still tells me, even as we passed 7k. Don't relax.
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July 17, 2018, 08:35:02 PM

JJG's stalwart refusal to entertain any notion not currently within his self-imposed event horizon may eventually lead to his downfall.

I had my downfall already. It was epic. 6/10. Would not do again.
Last of the V8s
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July 17, 2018, 08:36:23 PM

JJG's stalwart refusal to entertain any notion not currently within his self-imposed event horizon may eventually lead to his downfall.

I had my downfall already. It was epic. 6/10. Would not do again.

Yeah you should be casso-wary of doing that again.
infofront
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July 17, 2018, 08:36:53 PM

Yes, Torque - he has every right to ask NATO members to spend 2% on defence, as it's part of the NATO principles (and I cannot blame him) and it's also true that not everyone pays their dues.  However, it is a separate issue to trade and the 'EU" as the EU isn't a NATO member, and NATO is far more than just the countries of the EU.

It's all related. Germany subsidizes Russia's military with lucrative energy contracts. Germany then forces the US to subsidize the defense of Germany by not spending the 2% they promised. To add injury to insult, Germany/EU tariff the shit out of US goods. Sounds like a great ally to me.
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July 17, 2018, 08:37:45 PM
Merited by LFC_Bitcoin (1)




still not 9K try harder BTC   Grin
Last of the V8s
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July 17, 2018, 08:38:34 PM

Next time just buy moa on the way up, and sell moa on the way down.
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July 17, 2018, 08:40:09 PM
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Not a debate about which intelligence service is more honest than another intelligence service (hint they are both dishonest).

There is no debate. The President of the United States should side with his own country.

“My country, right or wrong; if right, to be kept right; and if wrong, to ignore that fact.”? Nope.

Just nope.
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July 17, 2018, 08:41:18 PM
Last edit: July 17, 2018, 08:54:58 PM by Rosewater Foundation

Next time just buy moa on the way up, and sell moa on the way down.

Please to translate, sir, does the bitcoins do with blinding and unblinding and confidential transaction for the privates?

pee tapes

For the privates?
Last of the V8s
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July 17, 2018, 08:42:22 PM

Still Trump just said he shoulda said 'wouldn't'.
Double negatives are hard, yo. When your pee tapes are dangled quite so close.
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July 17, 2018, 08:43:24 PM



Shorters are you ok?
I am OK, thanks. Still in the green. I won't get even with my play money until the corn gets to 18k. In which case, I'll close the position with a curse on my lips and I will get some consolation from the corn I've already put away in this down move, not to mention what would happen to my main stash.

I still hope to close the position on additional profit, though. We'll see.

For clarity: I am a bull. A long term bull who knows bitcoin is a stormy sea. Because of my bull soul, I'm accounting profits/losses in BTC. Of course, if it goes down to 150$ I will gain disgustingly in BTC, but lose a lot of fiat value overall.
Ibian
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July 17, 2018, 08:45:50 PM

No Vegeta memes?

Guys I’m disappointed.

It's a little early for rockets, trains, moons and Carolina fiddles. We're still only in 4 digits. Nice rally today though.

Vegeta? Isn't that some character from some children's cartoon show? Gotta be the lamest meme ever.
There is a reason every nerd on the internet knows it. It's because it's a good show.

Also I got this cool poster with one of the most iconic scenes: https://www.thetshirtcollection.com/products/super-saiyan-goku-kamehameha-vs-vegeta-galick-gun-van-gogh-style-poster-18x24-tl00822po

Besides being pretty to look at, it's a reminder of what I'm working on and it helps sort out who is worth socializing with and who isn't. People who get offended over it are the type who can't and won't try to understand what's happening in the world.
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July 17, 2018, 08:52:43 PM
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Is this a bear trap or .......Huh Huh




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July 17, 2018, 08:55:47 PM

Court of Public Opinion



This session is now open

The case

Roger Ver's Failed Projects Customers/Users and Investors   vs'   Roger Ver, Rich Supporters and Paid Shills
You cannot continue to advise people projects are OK to use that keep failing


The Story
https://bitcointalk.org/index.php?topic=2040221.msg42374148#msg42374148


The Paid Shill
https://bitcointalk.org/index.php?topic=2040221.msg42374070#msg42374070


We shall take it to the public court then as you say, the social platforms, advertisements, TV, radio etc etc etc
and let them decide



Bcash shills need to be on notice, the more the public see the multitude of Rogers failed projects the more you are are gonna be an accessory, past projects as well.

The blockchain does not lie.



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July 17, 2018, 08:57:56 PM

Yes, Torque - he has every right to ask NATO members to spend 2% on defence, as it's part of the NATO principles (and I cannot blame him) and it's also true that not everyone pays their dues.  However, it is a separate issue to trade and the 'EU" as the EU isn't a NATO member, and NATO is far more than just the countries of the EU.

It's all related. Germany subsidizes Russia's military with lucrative energy contracts. Germany then forces the US to subsidize the defense of Germany by not spending the 2% they promised. To add injury to insult, Germany/EU tariff the shit out of US goods. Sounds like a great ally to me.

On the 2% - you're correct. 

As for tariffs...  Average tariffs between US and EU were I believe between 3% - 5% (a tad more in unweighted terms for the EU - but not 'massive') so it was relatively insignificant until the latest trade kerfuffle, of course.
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