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

[infofront]

Blah blah blah larger block blah blah

You have bcash and bsv with larger blocks, go there you have options. What part of we don't want larger blocks is so hard to comprehend

Yeah, I get it. But some here seem utterly oblivious to the consequences thereof.

And you feel that you grasp full consequences of bcash and bsv and their unlimited blocks ...?

For the most part, yes. I certainly feel I have a greater than average grasp of such consequences -- upon both Bitcoin Cash and Bitcoin Core -- than does the average Bitcoiner -- in any of the Bitcoin camps. For evidence of such, I need only look at the near-universally asinine replies issued as 'rebuttals' to the points I make.

I haven't seen a single decent response to jbreher so far, so there's some merit to this claim.

Also, the market cap argument some people brought up doesn't follow. Popularity does not imply superiority by technical standards.

The market picks the winners. The market doesn't always care about "superior technology".

[1686128327]

1686128327

[HairyMaclairy]

Popularity does not imply superiority by technical standards.

1.  Agreed.  Popularity does not imply superior technology.  

2.  Conversely, superior technology does not imply popularity.  Superior technology loses all the time, especially when going up against a competitor with entrenched network effects. Inferior protocols win. All. The. Time.

3.  If you are trying to build a global competitor to fiat, popularity and network effects are incredibly important.  

It is unquestionable that Bitcoin has stronger network effects than Bcash, by orders of magnitude.  

Further Bcash technology (BCH and SV) is inferior, because its security model is weak.  Its security model is weak for a number of reasons, all of which come back to a lack of effective decentralization. Without an effective security model, it is not an attractive store of value.  If you are not an effective store of value, you cannot gain network effects. 

If you have inferior network effect and inferior technology, then you have a snowballs chance. In the unlikely event that 8MB blocks became essential for survival, community consensus would rapidly coalesce around 8MB blocks, there would be a hard fork and BCH and SV would remain stranded assets. But the reality is that 8MB are completely unnecessary and would make BTC weaker, not stronger. Accordingly no such consensus exists.


 I am far more worried about a disruptive innnovation which does away with the need for a blockchain (such as Grin) than I am worried about a Bitcoin carbon copy with a couple of parameter tweaks.  

[Biodom]

I am far more worried about a disruptive innnovation which does away with the need for a blockchain (such as Grin) than I am worried about a Bitcoin carbon copy with a couple of parameter tweaks.  

Grin does have a blockchain, albeit a strange one.
You were probably thinking about Hashgraph.

[HairyMaclairy]

I thought it only maintained state after a short period and dumped the rest of the chain?  

In any event, I do fear a cryptocurrency that is both secure and only maintains state.  Whether or not Grin meets that requirement is not particularly important.

Hashgraph is 10x worse because it requires 10x storage.

[Paashaas]

I haven't seen a single decent response to jbreher so far, so there's some merit to this claim.

People here already explained it many times it's kinda useless to discuss it with him.

He likes copy/pasting spamming the WO with his nonsence instead he should discussion it at development & technical board ore Github but of course he aint doing that because his ars will be raped.

[JayJuanGee]

Blah blah blah larger block blah blah

You have bcash and bsv with larger blocks, go there you have options. What part of we don't want larger blocks is so hard to comprehend

Yeah, I get it. But some here seem utterly oblivious to the consequences thereof.

And you feel that you grasp full consequences of bcash and bsv and their unlimited blocks ...?

For the most part, yes. I certainly feel I have a greater than average grasp of such consequences -- upon both Bitcoin Cash and Bitcoin Core -- than does the average Bitcoiner -- in any of the Bitcoin camps. For evidence of such, I need only look at the near-universally asinine replies issued as 'rebuttals' to the points I make.

I haven't seen a single decent response to jbreher so far, so there's some merit to this claim.

Also, the market cap argument some people brought up doesn't follow. Popularity does not imply superiority by technical standards.

Yeah.. right...

jbreher and bcash needs additional white night defending, as if they have any legitimate arguments to offer.

Get real, BTCMILLIONAIRE.

[Paashaas]

Another plausible outcome.

[infofront]

^
Seems perfectly reasonable

[Hueristic]

PPPPPPfffffffffffffffff



Wtf up with this Bcash?  

I know!

You’d think there wasn’t a nice place here already to chat about shitcoin’s -

https://bitcointalk.org/index.php?board=67.0

Cool. I hadn't checked out the altcoin section in a long time. It's hilarious.

It's all Crypto this and Cryptocurrency that without any mention of real Bitcoin.

I think it's great. They keep all their talk about Dogecoin, Rogercoin, Vitalikcoin, Kanyecoin, etc. over there and don't pollute our WO with that crap.

Think of it as the retard class at school. This (WO) is like the accelerated class for the precocious.

Let them keep all their altcoin discussions over there and we won't confuse them by posting Bitcoin stuff there.

Bitcoin is Bitcoin and altcoin is altcoin and never the twain shall meet.

Atomic Swaps.

https://bitcoinmagazine.com/articles/sparkswap-worlds-first-lightning-atomic-swap-exchange-now-in-beta/

[jojo69]

Off topic, but...

DUUUUUUDE!!!!!!

thank god

[Hueristic]

I haven't seen a single decent response to jbreher so far, so there's some merit to this claim.

People here already explained it many times it's kinda useless to discuss it with him.

He likes copy/pasting spamming the WO with his nonsence instead he should discussion it at development & technical board ore Github but of course he aint doing that because his ars will be raped.

Well to be fair, with him spewing that big block shit and the real trolls on ignore I've gone through a shitton of pages.

[Hueristic]

I love you guys, but can we please introduce a STFU Thursday for both JJG and jbreher. Thanks.

I hear Wednesday is open.

[bones261]

Now where's my hat?

You can use my hat, until xhomerx10 makes a new one. I'm not using it at the moment.

[JayJuanGee]

I love you guys, but can we please introduce a STFU Thursday for both JJG and jbreher. Thanks.

I hear Wednesday is open.

EXACTLY!!!!!!.. that's what I am talking about.  Makes me giddy just considering the matter.

[JayJuanGee]

Now where's my hat?

You can use my hat, until xhomerx10 makes a new one. I'm not using it at the moment.

Some peeps collect pants and others collect hats.  Go figure.

[Toxic2040]

maybe i am just paranoid, but

the mayor shows up and has everyone flustered      and now i am getting that tingly sensation again and cant shake it  
recommend that we sound general quarters sir    #dyor

15m


cat will sit and watch duck try to fly
3h

#stronghands

[jojo69]

https://www.youtube.com/watch?v=AF7qrDujmw8

[HairyMaclairy]

I love you guys, but can we please introduce a STFU Thursday for both JJG and jbreher. Thanks.

I hear Wednesday is open.

Consensus is building for a STFU Wednesday for Jbear.

[Toxic2040]

tired..a bit twitchy  think i will unplug for awhile

gnite wo's

[Retina]

Last one day still BTC strong buy position I think it is something trying is down I'm not sure but my opinion BTC Up and down some range Low-$4800 & High-$5700 just it is my opinion.