Erdogan
Legendary
 Offline
Activity: 1512
Merit: 1005
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August 11, 2015, 09:05:37 PM |
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Mye eye spy some serious mooning. The next few hours are CRITICAL.
I hope so. Could do with some mid week excitement. Would it be because of the yuan? Traditionally we have seen absolutely no reaction to that kind of world economy news. What we have seen, is that price moves when something bad happens to a bitcoin related business, especially the bourses. I think this means: a) Use of bitcoin for hedging against movements in fiats, countries going bust, or risk of banks going bust is not important to bitcoin holders, toe-dippers or newcomers. b) The liquidity is very small, most trading is daytrading or week-trading, if someone really wants out, the price tanks. |
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BitChick
Legendary
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Activity: 1148
Merit: 1001
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August 11, 2015, 09:38:35 PM |
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Mye eye spy some serious mooning. The next few hours are CRITICAL.
Exactly. What we need is some "SERIOUS" mooning. None of this halfhearted non serious mooning stuff we have had lately.  |
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zoinky
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August 11, 2015, 09:41:03 PM |
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Looks like we are setup for a stale few months. This is actually good news.
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podyx
Legendary
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Activity: 2338
Merit: 1035
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August 11, 2015, 09:42:37 PM |
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Creeping upwards  |
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ejinte
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August 11, 2015, 09:44:02 PM |
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yay we were over $270 for a few moments
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trizma
Newbie
Offline
Activity: 31
Merit: 0
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August 11, 2015, 09:46:27 PM |
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things are changing |
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Erdogan
Legendary
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Activity: 1512
Merit: 1005
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August 11, 2015, 09:58:27 PM |
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The reason could be that the block size controversy now seems to be resolved.
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redsn0w
Legendary
Offline
Activity: 1778
Merit: 1043
#Free market
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August 11, 2015, 10:00:53 PM |
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The reason could be that the block size controversy now seems to be resolved.
Nah, I don't think it has been resolved... but how the price could be influenced by this thing (I can't understand at all...). |
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Fakhoury
Legendary
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Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
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August 11, 2015, 10:01:26 PM |
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The reason could be that the block size controversy now seems to be resolved.
This, you came in the right time for me, really thank you. How it's resolved ? Only 44% of total miners are agreeing on the 8 MB blocksize increase. What I'm missing ? |
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ChartBuddy
Legendary
Offline
Activity: 2534
Merit: 2176
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 11, 2015, 10:02:57 PM |
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gentlemand
Legendary
Offline
Activity: 2604
Merit: 3088
Welt Am Draht
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August 11, 2015, 10:03:42 PM |
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The reason could be that the block size controversy now seems to be resolved.
It's maybe a way away from being resolved, but it is being addressed. |
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Greendragon
Member
Offline
Activity: 70
Merit: 10
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August 11, 2015, 10:05:37 PM |
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The reason could be that the block size controversy now seems to be resolved.
It's maybe a way away from being resolved, but it is being addressed. Time for some serious mooning?  |
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gentlemand
Legendary
Offline
Activity: 2604
Merit: 3088
Welt Am Draht
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August 11, 2015, 10:08:38 PM |
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Time for some serious mooning?
Or it might go totally tits up and explode in squabbling. Who knows? Interesting times indeed. |
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Fakhoury
Legendary
Offline
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
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August 11, 2015, 10:12:00 PM |
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The reason could be that the block size controversy now seems to be resolved.
It's maybe a way away from being resolved, but it is being addressed. Didn't it get addressed since the old proposal before the recent 8 MB one, mand ? |
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Greendragon
Member
Offline
Activity: 70
Merit: 10
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August 11, 2015, 10:16:14 PM |
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271  |
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gentlemand
Legendary
Offline
Activity: 2604
Merit: 3088
Welt Am Draht
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August 11, 2015, 10:18:48 PM |
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Didn't it get addressed since the old proposal before the recent 8 MB one, mand ?
I dunno. I can barely keep up with it all. China's expressed interest in 8mb blocks but not the doubling every two years that Gavin Andresen proposed. Here's a quote from the XT github 'Please note that Bitcoin XT does not currently change anything about block size limits, although a future version might.' Someone cleverer than me will be along to clarify eventually. |
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Erdogan
Legendary
Offline
Activity: 1512
Merit: 1005
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August 11, 2015, 10:19:42 PM |
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The reason could be that the block size controversy now seems to be resolved.
Nah, I don't think it has been resolved... but how the price could be influenced by this thing (I can't understand at all...). That prolonged low quality debate has instilled doubt in the toe-dippers and bystanders. It was never catastrophic, but they wouldn't know. Now it seems to be resolved, the latest news being miners voting with their proverbial feet, the comments in the coinbase transactions. So I think it is resolved, by new year we have larger max blocks, and first quarter of next year we will have a large block, and minimal orphaning. |
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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August 11, 2015, 10:27:56 PM |
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This has has everything to do with China dropping the dollar peg. Currency wars (where every player tries to LOSE) are great for Bitcoin.
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BitcoinNewsMagazine
Legendary
Offline
Activity: 1806
Merit: 1164
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August 11, 2015, 10:29:03 PM |
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The reason could be that the block size controversy now seems to be resolved.
Nah, I don't think it has been resolved... but how the price could be influenced by this thing (I can't understand at all...). That prolonged low quality debate has instilled doubt in the toe-dippers and bystanders. It was never catastrophic, but they wouldn't know. Now it seems to be resolved, the latest news being miners voting with their proverbial feet, the comments in the coinbase transactions. So I think it is resolved, by new year we have larger max blocks, and first quarter of next year we will have a large block, and minimal orphaning. Source please. I follow the bitcoin-dev mailing list and no news of a resolution has been mentioned. |
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