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

[qwk]

if XT is officially dead, what will be the role of Gavin and Hearn, friend or foe ?

XT remains a valid implementation of bitcoin as long as its 75%-vote-fork-thingy doesn't happen.
So, they'll basically just be two developers of another implementation.

[ChartBuddy]

Coin
Explanation

[Fakhoury]

if XT is officially dead, what will be the role of Gavin and Hearn, friend or foe ?

XT remains a valid implementation of bitcoin as long as its 75%-vote-fork-thingy doesn't happen.
So, they'll basically just be two developers of another implementation.

Since it will not reach the 75% threshold and the blocksize debate is solved, why they would continue working on XT ?

I see them working on other issues will be better, just my 2 satoshis.

[aztecminer]

Was trading stopped on Bitfinex again?

There was a big gap when no trades occurred and all the other exchanges were trading during it. There have been so many gaps when trading was stopped on Bitfinex that I have come to expect it now.

the conversation with the bitfinex CTO yesterday night showed pretty clearly how incompetent they are. And as it seems there is no sign for it to get better anytime in the near future.

I don't understand why there are still so many people still stay there and exposing their self of getting screwed once we get some volatility again...

i heard a rumor this morning that 90% longs have opened on BFX in the last 12 hours.. that true ??

[notme]

Was trading stopped on Bitfinex again?

There was a big gap when no trades occurred and all the other exchanges were trading during it. There have been so many gaps when trading was stopped on Bitfinex that I have come to expect it now.

the conversation with the bitfinex CTO yesterday night showed pretty clearly how incompetent they are. And as it seems there is no sign for it to get better anytime in the near future.

I don't understand why there are still so many people still stay there and exposing their self of getting screwed once we get some volatility again...

i heard a rumor this morning that 90% longs have opened on BFX in the last 12 hours.. that true ??

https://bfxdata.com/swaphistory/totals

no

[aztecminer]

Was trading stopped on Bitfinex again?

There was a big gap when no trades occurred and all the other exchanges were trading during it. There have been so many gaps when trading was stopped on Bitfinex that I have come to expect it now.

the conversation with the bitfinex CTO yesterday night showed pretty clearly how incompetent they are. And as it seems there is no sign for it to get better anytime in the near future.

I don't understand why there are still so many people still stay there and exposing their self of getting screwed once we get some volatility again...

i heard a rumor this morning that 90% longs have opened on BFX in the last 12 hours.. that true ??

https://bfxdata.com/swaphistory/totals

no

i heard that here: https://www.reddit.com/r/BitcoinMarkets/comments/3ik20x/daily_discussion_thursday_august_27_2015/

[Auxi]

XT has lost, fudders go home and price go to the moon

[ChartBuddy]

Coin
Explanation

[qwk]

if XT is officially dead, what will be the role of Gavin and Hearn, friend or foe ?

XT remains a valid implementation of bitcoin as long as its 75%-vote-fork-thingy doesn't happen.
So, they'll basically just be two developers of another implementation.

Since it will not reach the 75% threshold and the blocksize debate is solved, why they would continue working on XT ?

There should be more than one implementation of the bitcoin protocol.
Also, there might be legitimate use cases for "enterprise" style full nodes etc.
I could think of a thousand reasons why XT could be useful, but the most important ones will likely be the ones I can't imagine right now.

[hdbuck]

Was trading stopped on Bitfinex again?

There was a big gap when no trades occurred and all the other exchanges were trading during it. There have been so many gaps when trading was stopped on Bitfinex that I have come to expect it now.

the conversation with the bitfinex CTO yesterday night showed pretty clearly how incompetent they are. And as it seems there is no sign for it to get better anytime in the near future.

I don't understand why there are still so many people still stay there and exposing their self of getting screwed once we get some volatility again...

i heard a rumor this morning that 90% longs have opened on BFX in the last 12 hours.. that true ??

https://bfxdata.com/swaphistory/totals

no

i heard that here: https://www.reddit.com/r/BitcoinMarkets/comments/3ik20x/daily_discussion_thursday_august_27_2015/

Lol

Reddit...

[aztecminer]

Was trading stopped on Bitfinex again?

There was a big gap when no trades occurred and all the other exchanges were trading during it. There have been so many gaps when trading was stopped on Bitfinex that I have come to expect it now.

the conversation with the bitfinex CTO yesterday night showed pretty clearly how incompetent they are. And as it seems there is no sign for it to get better anytime in the near future.

I don't understand why there are still so many people still stay there and exposing their self of getting screwed once we get some volatility again...

i heard a rumor this morning that 90% longs have opened on BFX in the last 12 hours.. that true ??

https://bfxdata.com/swaphistory/totals

no

i heard that here: https://www.reddit.com/r/BitcoinMarkets/comments/3ik20x/daily_discussion_thursday_august_27_2015/

Lol

Reddit...

yeah i still had the page open from the other day and i started reading in there .. i'm not that good at reading those charts either but they look like people are closing and maybe leaving BFX ...

[xyzzy099]

There should be more than one implementation of the bitcoin protocol.
Also, there might be legitimate use cases for "enterprise" style full nodes etc.
I could think of a thousand reasons why XT could be useful, but the most important ones will likely be the ones I can't imagine right now.

There are a lot of 'implementations' of the Bitcoin protocol.  Just look at the debug.log from Bitcoin Core and you will see lots of different 'subver' strings that are, effectively, user-agent strings for different clients, many of which are not Bitcoin Core.

[ChartBuddy]

Coin
Explanation

[Fatman3001]

[ChartBuddy]

Coin
Explanation

[Peter R]

There should be more than one implementation of the bitcoin protocol.
Also, there might be legitimate use cases for "enterprise" style full nodes etc.
I could think of a thousand reasons why XT could be useful, but the most important ones will likely be the ones I can't imagine right now.

Exactly.  What is wrong with the goal of decentralizing development across multiple competing implementations?

[hdbuck]

^BS ATH.

[readysalted89]

There should be more than one implementation of the bitcoin protocol.
Also, there might be legitimate use cases for "enterprise" style full nodes etc.
I could think of a thousand reasons why XT could be useful, but the most important ones will likely be the ones I can't imagine right now.

Exactly.  What is wrong with the goal of decentralizing development across multiple competing implementations?

That's not a bad idea. I don't like the control the two competing teams of devs are exerting over what path Bitcoin takes. The more choices of implementations there are, the more choice he miners have over the path Bitcoin takes. If the miners chose to go with a new set of devs it could end this mess we are in.

[bad trader]

How much will this pump before the next dump?

[tommorisonwebdesign]

If XT dies off that would be a great thing for those who have invested in Bitcoin. All of the controversy has brought the price right down. Once XT is gone for good the price will soar.