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

[HairyMaclairy]

This is under the assumption that the block size wouldn't grow when needed, blocks aren't full without outside attacks so there's no evidence that when the time comes we won't increase the block size to a common sense size.

Well, other than the evidence that blocks were kept small the last time they became persistently full. Which, in itself, is pretty strong evidence.

Once the need resurfaces (and it most certainly will), how long do you think it will take to implement the necessary change?

If it was urgent it could probably be done in 48 hours.   But it won’t be urgent.  

And “resurfaces” is the wrong term as it implies that the need has previously surfaced, which it has not.  The need may never surface.

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[Hueristic]

This is under the assumption that the block size wouldn't grow when needed, blocks aren't full without outside attacks so there's no evidence that when the time comes we won't increase the block size to a common sense size.

Well, other than the evidence that blocks were kept small the last time they became persistently full. Which, in itself, is pretty strong evidence.

Once the need resurfaces (and it most certainly will), how long do you think it will take to implement the necessary change?

Not long, lots of shitcoin examples of doing it wrong out there.

[jbreher]

https://www.thestar.com.my/business/business-news/2019/04/29/jaguar-land-rover-planning-to-allow-helpful-car-drivers-to-earn-cryptocurrency/

https://www.topgear.com/car-news/fancy-earning-cryptocurrency-while-driving-new-jag

Now I have to buy a fucking jag, at least theyre cool

For the IOTA? smh

[jbreher]

This is under the assumption that the block size wouldn't grow when needed, blocks aren't full without outside attacks so there's no evidence that when the time comes we won't increase the block size to a common sense size.

Well, other than the evidence that blocks were kept small the last time they became persistently full. Which, in itself, is pretty strong evidence.

Once the need resurfaces (and it most certainly will), how long do you think it will take to implement the necessary change?

If it was urgent it could probably be done in 48 hours.   But it won’t be urgent.  

It ain't just a river in Egypt.

And “resurfaces” is the wrong term as it implies that the need has previously surfaced, which it has not.  The need may never surface.

You've already banished it from your revisionist history?

[Toxic2040]

4h
#dyor



#stronghands'19

[HairyMaclairy]

And “resurfaces” is the wrong term as it implies that the need has previously surfaced, which it has not.  The need may never surface.

You've already banished it from your revisionist history?

There were some high fees in 2017. There was no need for a block size increase as demonstrated by the failure of BCH.

If it was “necessary”, BCH would have won. 

[Toxic2040]

So we have the world’s slowest run on the bank on Bitfinex, and it’s slowly dragging the Bitstamp price up with it.

No guesses so far are close.  This one is hard mode. 

Pat..I'd like to buy a continent.

[JSRAW]

Mo pixels....

Germany?

Looks India to me.

[nanobtc]

Pat..I'd like to buy a continent.

No need to buy, you can just own one.  https://www.amazon.com/Stealing-Network-How-Own-Continent/dp/1931836051

[Toxic2040]

Mo pixels....

img snipped img

Germany?

Looks India to me.

interdasting  did hairy fly up to sri lanka after the incident?

Pat..I'd like to buy a -REDACTED-.

No need to buy, you can just own one.  https://www.amazon.com/Stealing-Network-How-Own-Continent/dp/1931836051

whoops..possible freudian slip there..disregard please and give me a vowel instead.

[alevlaslo]

I think the secwit was implemented in order to prevent the translation of already signed transactions from Satoshi's wallets

a small block at same reason, it was necessary to create a valid cause of secwit

if increase the block, you will have to cancel the secwit, so bitcoin does not want to leave the small block

[somac.]

And “resurfaces” is the wrong term as it implies that the need has previously surfaced, which it has not.  The need may never surface.

You've already banished it from your revisionist history?

There were some high fees in 2017. There was no need for a block size increase as demonstrated by the failure of BCH.

If it was “necessary”, BCH would have won. 

Hahaha, very true. The proof is in the pudding.

[Icygreen]

Mo pixels....

Germany?

Its Vietnam, somewhere along the Mekong delta near Hcmc? Dude playing a bamboo flute in sandals for tips with the Vietnamese 'cam on' meaning thank you written on the case.

[infofront]

This is under the assumption that the block size wouldn't grow when needed, blocks aren't full without outside attacks so there's no evidence that when the time comes we won't increase the block size to a common sense size.

Well, other than the evidence that blocks were kept small the last time they became persistently full. Which, in itself, is pretty strong evidence.

Once the need resurfaces (and it most certainly will), how long do you think it will take to implement the necessary change?

If it was urgent it could probably be done in 48 hours.   But it won’t be urgent.  

It ain't just a river in Egypt.

I would mostly agree with the bear here.
The last full block crisis resulted in inaction, to force people onto segwit. I presume the next full block crisis will result in inaction, to force people onto lightning.

[Paashaas]

And “resurfaces” is the wrong term as it implies that the need has previously surfaced, which it has not.  The need may never surface.

You've already banished it from your revisionist history?

There were some high fees in 2017. There was no need for a block size increase as demonstrated by the failure of BCH.

If it was “necessary”, BCH would have won. 

Even when Bitcoin had high fee's nobody switched to shitcoins.

[Phil_S]

Lines have been crossed down under

Australia is awesome. Feral cats are killing native marsupials like koalas and wallabies, so locals eliminate the invasive species by eating them.

She makes further points which I don't get. Maybe humour?
Cats r good hunters

pls don't eat them

Is that's cats face Photoshopped? Looks a bit off.

Not just cat's face! The whole cat! And more!

[realr0ach]

I just saw the most ludicrous Volkswagen commercial.  It had a bimbo walk in to the apartment she lives in (which would probably be paid for by the dude in any real world scenario) and she saw him playing some sort of Occulus Rift video game and instantly leaves him.  LOL?  What type of message is this supposed to be?  That a guy is supposed to spend 24 hours a day being a woman's servant or you're a bad person?  I mean, that is exactly how women think in real life, but putting it in a commercial and pretending it's okay for them to think like that is just nauseating.

[HairyMaclairy]

Mo pixels....

Germany?

Its Vietnam, somewhere along the Mekong delta near Hcmc? Dude playing a bamboo flute in sandals for tips with the Vietnamese 'cam on' meaning thank you written on the case.

Damn you guys are good.  I knew you wouldn’t let me down.  Yes it’s Vietnam.  More pixels pending.

[HairyMaclairy]

[realr0ach]

K, next up on the HairyMclarry name that street contest: