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Question: Closing BTC Price June 17:
$0 - 2 (1.5%)
<$6,500 - 7 (5.4%)
$6,500-$6,750 - 1 (0.8%)
$6,751-$7,000 - 2 (1.5%)
$7,001-$7,250 - 3 (2.3%)
$7,251-$7,500 - 6 (4.6%)
$7,501-$7,750 - 4 (3.1%)
$7,751-$8,000 - 12 (9.2%)
$8,001-$8,250 - 13 (10%)
$8,251-$8,500 - 7 (5.4%)
$8,501-$8,750 - 6 (4.6%)
$8,751-$9,000 - 11 (8.5%)
$9,001,$9,250 - 13 (10%)
$9,251-$9,500 - 17 (13.1%)
>$9,500 - 17 (13.1%)
$20,000 - 9 (6.9%)
Total Voters: 130

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21225469 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. (64 posts by 15 users deleted.)
DaRude
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July 16, 2018, 05:53:41 PM

Looking forward to some quality Schnorr FUD from Jbear and crew.  

I don't know why you'd think that. I don't believe I have previously espoused an opinion on Schnorr sigs.

You basically said Schnorr signatures would do nothing to alleviate the scaling issue. That would qualify as an opinion.

Hmm. I guess you know more about my past postings than do I. Link?

Schnorr can obviously reduce the size of txs that have multiple elements. I wouldn't say that is 'nothing'. If this be shown to be a reversal of a previously held opinion, then so be it.

Of course, my final opinion would be driven by an analysis of not merely the benefits of Schnorr, but also its costs.

edit: Oh - I see you've added the link. Thank you. I shall quote:

Quote
Currently it would take over 30 years to send each person on earth a single Bitcoin transaction. Think about that.

Lightning does nothing to alleviate that.
Segwit does nothing to alleviate that.
Schnorr sigs does nothing to alleviate that.

True enough. If you wish to send every person on earth a single Bitcoin tx (e.g., perhaps to open an LN channel), it will take on the order of three decades. And Schnorr indeed does nothing to alleviate that. It is a true statement, and it is not identical to "Schnorr signatures would do nothing to alleviate the scaling issue".

Your assertion is shown to be false.

And if that each person wanted to make just 32 transactions to different people bcash would need 30yrs to process that. Think about that!
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1560802640
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July 16, 2018, 05:55:07 PM

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July 16, 2018, 05:56:05 PM

Thanks for sharing - was wondering where the increase came from =)
bitcoinPsycho
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$100,000 BTC in one hour🍄💊


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July 16, 2018, 06:08:01 PM

BTC to  Kiss$7000 in 2 days please
Just another $500 to go Smiley

make that $330.      C'mon bitcoin
jbreher
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July 16, 2018, 06:16:41 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.
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July 16, 2018, 06:21:54 PM

Why did the blonde schnorrt sweet n' low? She thought it was diet coke.
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July 16, 2018, 06:27:47 PM

yesterday's rant =>today's gain
however, i am not falling into
post hoc, ergo propter hoc fallacy

No, siree  Tongue.
Phil_S
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July 16, 2018, 07:02:12 PM

Price dynamic seems different today.

It's no longer sideways->jump->sideways.
Last of the V8s
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July 16, 2018, 07:03:57 PM

That Jeff Bezos. He's not schnorrt of a bob or two.
jojo69
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no FOMO


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July 16, 2018, 07:05:20 PM

Elwar
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July 16, 2018, 07:10:07 PM

This is not good.


Triple top is in.  Undecided
Last of the V8s
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Be a bank.


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July 16, 2018, 07:12:09 PM

https://bitcoinwisdom.io/markets/bitfinex/btcusd

yay
Searing
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Clueless!


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July 16, 2018, 07:15:55 PM



The price of BTC is creeping up IMHO on the off chance that the SEC will approve the 'top heavy for the rich' ETF next month

https://bitcoinist.com/3-reasons-sec-bitcoin-etf-next-month/

The danger is, if that does NOT go thru...the price, again IMHO, will dump below 6k again

be cautious

brad
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July 16, 2018, 07:27:40 PM

We have another year of this guys.  Just stay level otherwise you will wear yourselves out.
Rosewater Foundation
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July 16, 2018, 07:28:54 PM

I believe Satoshi died with Dave and Hal.

Dave? Hal? WTF!?






spooky.
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July 16, 2018, 07:35:54 PM

We have another year of this guys.  Just stay level otherwise you will wear yourselves out.
So you're saying 4% gainz per day for a year will wear us out?
Sure. xclnt point
gembitz
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July 16, 2018, 07:36:29 PM



The price of BTC is creeping up IMHO on the off chance that the SEC will approve the 'top heavy for the rich' ETF next month

https://bitcoinist.com/3-reasons-sec-bitcoin-etf-next-month/

The danger is, if that does NOT go thru...the price, again IMHO, will dump below 6k again

be cautious

brad


stfu basher!! :\ you are such a self serving person i hope you lose your shirt shorting&distorting <<<
HairyMaclairy
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July 16, 2018, 07:41:50 PM

We have another year of this guys.  Just stay level otherwise you will wear yourselves out.
So you're saying 4% gainz per day for a year will wear us out?
Sure. xclnt point

Well that would be $10.8 billion per bitcoin which would be nice.
realr0ach
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July 16, 2018, 07:41:57 PM

Hey Phil

Do you agree with Donald Trump when he says that Russia is America’s friend and the EU is America’s foe?

Every 5th column Jewish controlled govt is the enemy of America, including America's own govt.

Today's real news:

https://dailystormer.name/live-hours-before-summit-trump-tweets-that-poor-us-russia-relations-are-us-fault/

https://dailystormer.name/marvel-employee-calls-comic-readers-trash-for-opposing-sjws/

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July 16, 2018, 07:42:56 PM

We have another year of this guys.  Just stay level otherwise you will wear yourselves out.
So you're saying 4% gainz per day for a year will wear us out?
Sure. xclnt point

Well that would be $10.8 billion per bitcoin which would be nice.

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