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

[ChartBuddy]

Coin
Explanation

[rich93]

https://bitcointalk.org/index.php?topic=1108304.0;all

Not to ruin the plot... but it's over already. The panic was less than impressive.

We can't be sure until it is confirmed that all the pools have stopped SPV mining and upgraded to the latest version of Bitcoin core. I read that whole thread and nobody knows for certain. Here's one post from it that suggests the problem might be fixed, but clearly says nobody knows for certain.

We don't know until an expert posts some conclusive proof that it's fixed.

...

https://bchain.info/BTC/

Problem solved?

We just need someone to confirm this. I think that everything is fine now, however I can't be sure.

[JorgeStolfi]

https://bitcointalk.org/index.php?topic=1108304.0;all

Not to ruin the plot... but it's over already. The panic was less than impressive.

Of course.  It was just an accident, some core devs were awake watching anxiously the onset of BIP66, the two pools involved cooperated promptly, etc..  

That was not an attack: someone just sneezed. See, the building stopped shaking already.

[Bagatell]

That was not an attack: someone just sneezed. See, the building stopped shaking already.

Unlike the fiat system that seems to have contracted Parkinsons.

[shmadz]

https://bitcointalk.org/index.php?topic=1108304.0;all

Not to ruin the plot... but it's over already. The panic was less than impressive.

Of course.  It was just an accident, some core devs were awake watching anxiously the onset of BIP66, the two pools involved cooperated promptly, etc..  

That was not an attack: someone just sneezed. See, the building stopped shaking already.

Right. If bitcoin can survive the scorn and ridicule of a Brazilian professor, it can survive this little kerfuffle.

This will just be used as ammo in the argument against larger blocks (rightly so, imo)

[ChartBuddy]

Coin
Explanation

[ChartBuddy]

Coin
Explanation

[JorgeStolfi]

Right. If bitcoin can survive the scorn and ridicule of a Brazilian professor, it can survive this little kerfuffle.

I don't know about bitcoin itself, but the bitcoiners' faith in it can survive anything. 

This will just be used as ammo in the argument against larger blocks (rightly so, imo)

Indeed, it has already been used...

However the problem is not the block size per se, but miners skipping the validation of the previous block in order to save a few milliseconds. It is roughly the same reasoning that results in empty blocks being mined while the queues are full.  Bigger blocks will make these "optimizations" more tempting, but they are tempting enough even with 1 MB blocks. 

Ideally, the protocol should force the miners to validate the previous block(s), and take as many transactions from the queues as possible.  Then the block size would not matter, for this issue at least.

[ChartBuddy]

Coin
Explanation

[Greendragon]

CCMF time 

This time without LTC...

What do you mean by ccfm time?

[LFC_Bitcoin]

CCMF time 

Is it? I can see we've gone up a dollar or two but I'm not sure about CCMF, moon etc Hope you're right, it'd be nice to get above 260 a stay there. Nice slow, sustainable price increases are good. I prefer it that way over pumps followed by profit taking dumps. Let's see what the weekend brings.

[ssmc2]

Seems more likely we'll have another dip into the 250-252 region before starting our climb back up to and over 270.

[ChartBuddy]

Coin
Explanation

[otto93]

CCMF time 

This time without LTC...

What do you mean by ccfm time?

I'd like to know what CCMF means too. I Googled for it and still couldn't get a straight answer. The closest I got was "it means choo choo". It's not in the newbie technical terms page either. Is it a secret term that only really "cool" people are allowed to know? WTF does CCMF mean?

[inca]

I think we are shortly about to launch.

[Sitarow]

[betterangels]

uptrend seems good, til $262

[kaykawa]

what does means "CCFM"? i saw guys in BTC-E trollboxchat saying the same.

[gentlemand]

what does means "CCFM"? i saw guys in BTC-E trollboxchat saying the same.

Choo Choo Mother Fucker.

[BlindMayorBitcorn]

what does means "CCFM"? i saw guys in BTC-E trollboxchat saying the same.

Choo Choo Mother Fucker.