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

[gentlemand]

It's just that I remember there used to be lots of actual new ideas presented on bitcointalk and now it's mostly idle speculation.

I would guess that the bright sparks have gone to places with more focus and less noise. Mailing lists et al.

[Chef Ramsay]

It's what I like to refer to as a night capper rant and it made a lot of sense at the time.

Sounds familiar.

Yeah, it's tough coming back from a pinched nerve and a herniated disc 9 months ago while still having a rough time walking. Gotta enjoy yourself at times if ya know what I mean.

[Fatman3001]

It's what I like to refer to as a night capper rant and it made a lot of sense at the time.

Sounds familiar.

Yeah, it's tough coming back from a pinched nerve and a herniated disc 9 months ago while still having a rough time walking. Gotta enjoy yourself at times if ya know what I mean.

Yeez, that stuff hurts like a mofo! We have a history of back problems in my family, and we don't cope well with pain. The mood can turn sour real quick when we're all gathered.

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[Franciem]

nice buywalll I think we can hit 250$ again
time to buy and hold it

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[billyjoeallen]

Toomim Bros also thinks that 1 MB is way too small, and that the network can and should support larger blocks. We think that one goal for Bitcoin should be minimizing the real cost per transaction. Currently, that cost is supported primarily by the block subsidy, and runs at about 65 kWh per transaction. (300 MW mining network, 1.27 transactions per second.) That's about $4 per transaction. Increasing the transaction volume would not directly require any significant increase in the mining network power consumption, so it would reduce the real cost per transaction.

Any miner will tell you that electricity costs far more than bandwidth.  It's a complete fucking waste to throttle the network when it's so unnecessary.

[Fatman3001]

Toomim Bros also thinks that 1 MB is way too small, and that the network can and should support larger blocks. We think that one goal for Bitcoin should be minimizing the real cost per transaction. Currently, that cost is supported primarily by the block subsidy, and runs at about 65 kWh per transaction. (300 MW mining network, 1.27 transactions per second.) That's about $4 per transaction. Increasing the transaction volume would not directly require any significant increase in the mining network power consumption, so it would reduce the real cost per transaction.

Any miner will tell you that electricity costs far more than bandwidth.  It's a complete fucking waste to throttle the network when it's so unnecessary.

Face it, Gavin fucked up! He should have stayed in as benevolent dictator. Wladimir isn't a leader, he is a follower. Now he's trying to follow the crowd. And the crowd are looking for leadership. The ship is adrift. And wherever the wind blows that ship there are thousands of conspiracy theorists (ie. bitcoiners) screaming about how it's a government takeover. Wladimir needs to grow a pair or get out of the way.

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[Elwar]

It looks like this forum is dead. Reddit is also dead. Where did everyone go?

To a place where you gormless Gavinistas are not welcome and cannot follow us...  

It's just that I remember there used to be lots of actual new ideas presented on bitcointalk and now it's mostly idle speculation.

I think people are a bit exhausted by the intensity and stupidity of some of the core/xt arguments in here of late.

Also, people are paid to post here. Not by some Chinese government but by signature campaigns. And they do so ad nauseam.

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[Searing]

It looks like this forum is dead. Reddit is also dead. Where did everyone go?

To a place where you gormless Gavinistas are not welcome and cannot follow us...  

It's just that I remember there used to be lots of actual new ideas presented on bitcointalk and now it's mostly idle speculation.

I think people are a bit exhausted by the intensity and stupidity of some of the core/xt arguments in here of late.

Also, people are paid to post here. Not by some Chinese government but by signature campaigns. And they do so ad nauseam.

my problem with all this is the egos of the devs....my way or the highway ..so now we have numerous proposals etc all with backers...etc
so will they cooperate or not ..i mean techie types are cooperative on projects right ..it does not have always go 'their way' right?

I mean what could go wrong a bunch of early adopters of bitcoin in 2009 fighting over code that millions of dollars and the crypto universe
staying open source or not riding on this ..er what could go wrong right? (still think put them in a room and the one that can 'slap fight' the best wins)

[Fatman3001]

my problem with all this is the egos of the devs....my way or the highway ..so now we have numerous proposals etc all with backers...etc
so will they cooperate or not ..i mean techie types are cooperative on projects right ..it does not have always go 'their way' right?

I mean what could go wrong a bunch of early adopters of bitcoin in 2009 fighting over code that millions of dollars and the crypto universe
staying open source or not riding on this ..er what could go wrong right? (still think put them in a room and the one that can 'slap fight' the best wins)

IDK, they're nerds. Might take longer than just reaching consensus.

[ChartBuddy]

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