tygeade
Legendary
 Offline
Activity: 2590
Merit: 1069
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August 11, 2015, 10:29:29 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?  No, no first we need some trains! Like this one! It's perfect!   |
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Erdogan
Legendary
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Activity: 1512
Merit: 1005
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August 11, 2015, 10:30:00 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.
It should make people rush to bitcoin - but it hasn't, historically. I think it is the block size. |
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Norway
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August 11, 2015, 10:38:51 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? No, no first we need some trains! Like this one! It's perfect! I'm soooo glad I'm not the ticket conductor on that train, lol! |
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hd060053
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August 11, 2015, 10:39:15 PM |
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this Ethereum pump will end with a bitcoin pump like the LTC bubble did some weeks ago.
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ChartBuddy
Legendary
Offline
Activity: 2660
Merit: 2365
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 11, 2015, 11:02:55 PM |
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Fatman3001
Legendary
Offline
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
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August 11, 2015, 11:15:56 PM |
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270+ !!! WOOHOOO !!!!! |
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kevindurant
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August 11, 2015, 11:19:22 PM |
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Finally we see another price rising after sideways for days.  Nice 6$ rise today. |
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natewelt
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August 11, 2015, 11:39:14 PM |
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It seems to me that OKCoin BTC and Litecoin in general are leading BTC higher.
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ChartBuddy
Legendary
Offline
Activity: 2660
Merit: 2365
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 12, 2015, 12:02:58 AM |
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ChartBuddy
Legendary
Offline
Activity: 2660
Merit: 2365
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 12, 2015, 01:02:54 AM |
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shmadz
Legendary
Offline
Activity: 1512
Merit: 1000
@theshmadz
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August 12, 2015, 01:41:32 AM |
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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.
It should make people rush to bitcoin - but it hasn't, historically. I think it is the block size. Seriously, dude? What makes you think the block size problem has been resolved? Two pages of people saying this and not a single link. |
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Erdogan
Legendary
Offline
Activity: 1512
Merit: 1005
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August 12, 2015, 01:44:21 AM |
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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.
It should make people rush to bitcoin - but it hasn't, historically. I think it is the block size. Seriously, dude? What makes you think the block size problem has been resolved? Two pages of people saying this and not a single link. Gut feeling. |
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shmadz
Legendary
Offline
Activity: 1512
Merit: 1000
@theshmadz
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August 12, 2015, 01:46:21 AM |
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Looks like we are setup for a stale few months. This is actually good news.
 Low as possible Long as possible |
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ChartBuddy
Legendary
Offline
Activity: 2660
Merit: 2365
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 12, 2015, 02:02:57 AM |
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ticoti
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August 12, 2015, 02:16:10 AM |
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It looks we are ending august behind 300$.... again
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natewelt
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August 12, 2015, 02:25:07 AM |
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It seems to me that OKCoin BTC and Litecoin in general are leading BTC higher.
OKCoin bouncing hard right now. |
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Cconvert2G36
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August 12, 2015, 02:42:37 AM |
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The max_blocksize debate takes a big step forward. All the major chinese pools voting for 8MB blocks by stamping the blocks they are mining. This plus chinese devaluation = UP.
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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August 12, 2015, 02:45:06 AM |
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wow, that was unexpected. $273 and now we're green on the four hour moving average.
I'm starting to feel that old bull FOMO again.
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dreamspark
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August 12, 2015, 02:46:56 AM |
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The max_blocksize debate takes a big step forward. All the major chinese pools voting for 8MB blocks by stamping the blocks they are mining. This plus chinese devaluation = UP.
The big miners are always going to want 8mb blocks, they have the economic incentive to as they can punish the smaller miners by not relaying their solved blocks to them and with the added bandwith needed to relay the larger blocks the big miners only relaying their blocks to the big miners reduces competition and centralizes even more. |
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Cconvert2G36
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August 12, 2015, 02:59:56 AM |
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The max_blocksize debate takes a big step forward. All the major chinese pools voting for 8MB blocks by stamping the blocks they are mining. This plus chinese devaluation = UP.
The big miners are always going to want 8mb blocks, they have the economic incentive to as they can punish the smaller miners by not relaying their solved blocks to them and with the added bandwith needed to relay the larger blocks the big miners only relaying their blocks to the big miners reduces competition and centralizes even more. Are there really small miners anymore? Even the small guys point at big pools. If anything, the remote mines in china may be at a disadvantage compared to locations with better bandwidth. The concern with big blocks isn't the mining nodes, it's just the regular nodes. People worry about a percentage of them shutting down after balking at increased network costs leading to more centralization on a relaying node (vs mining node) level. It's definitely not resolved yet, but progress is good, markets hate uncertainty. |
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