Fatman3001
Legendary
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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November 03, 2015, 11:38:06 PM |
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Night Y'all!!
Don't fuck up my riches while I'm sleeping!
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spud21
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November 03, 2015, 11:38:51 PM |
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404 : WHALE NOT FOUND  #IMO some people sell his bitcoin and withdraw his dollar/Fiat because "the price" is very dangerous In autumn 2014 the price rose to about 420 then crashed. That makes it a point of resistance because people still remember it. A parabolic rise can't continue indefinitely, it has to start heading downwards somewhere and points of resistance often herald the start of a down trend. It could go either way here. |
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nioc
Legendary
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Activity: 1624
Merit: 1008
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November 03, 2015, 11:40:16 PM |
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Night Y'all!!
Don't fuck up my riches while I'm sleeping!
Certainly not me. Sweet dreams  |
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oda.krell
Legendary
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Activity: 1470
Merit: 1007
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November 03, 2015, 11:41:03 PM |
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Small blocks help a determined tx spammer because once the blocks are full, their transactions get dropped from the mempool and their fees can be recycled to continue the attack. Make the attacker pay fees. Make it very expensive to clog the network.
Miners are sufficiently incentivized to choose an appropriate block size. Too big and their chances of being orphaned increase. This is the decentralized solution for a decentralized system.
Core wants training wheels? Fine, do the 2, 4, 8 increase. I liked Garzik's one off "kick the can" 2MB because it would allow us to measure and study the effects on relay nodes.
If this rally turns out to be like 2013, we are going to see big increases in tx's. I'm willing to wait until January to see what comes out of Hong Kong, but if it is more stonewalling... my fears of capture by a for profit entity will be solidified.
We should stop the bi polar battle though. (Of which I'm guilty of participating in too) Our objectives are the same: the success of Bitcoin. We have enough external enemies without tearing ourselves apart with internal bickering. Fears of centralization are real, fear of 3 tps being a huge bottleneck are real.
+1 for a moderate voice in a debate that's entirely too partisan for my taste. |
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barbs
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November 03, 2015, 11:41:36 PM |
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404 : WHALE NOT FOUND #IMO some people sell his bitcoin and withdraw his dollar/Fiat because "the price" is very dangerous In autumn 2014 the price rose to about 420 then crashed. That makes it a point of resistance because people still remember it. A parabolic rise can't continue indefinitely, it has to start heading downwards somewhere and points of resistance often herald the start of a down trend. It could go either way here. So let me get this straight: It can go up - or down |
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spooderman
Legendary
Offline
Activity: 1638
Merit: 1022
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November 03, 2015, 11:45:46 PM |
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404 : WHALE NOT FOUND #IMO some people sell his bitcoin and withdraw his dollar/Fiat because "the price" is very dangerous In autumn 2014 the price rose to about 420 then crashed. That makes it a point of resistance because people still remember it. A parabolic rise can't continue indefinitely, it has to start heading downwards somewhere and points of resistance often herald the start of a down trend. It could go either way here. So let me get this straight: It can go up - or down amazing. also, it could go sideway - people always forget that one. |
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gentlemand
Legendary
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Activity: 2590
Merit: 3013
Welt Am Draht
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November 03, 2015, 11:48:55 PM |
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These revelations are making my brain bleed. Please stop them ASAP.
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inca
Legendary
Offline
Activity: 1176
Merit: 1000
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November 03, 2015, 11:49:17 PM |
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404 : WHALE NOT FOUND #IMO some people sell his bitcoin and withdraw his dollar/Fiat because "the price" is very dangerous In autumn 2014 the price rose to about 420 then crashed. That makes it a point of resistance because people still remember it. A parabolic rise can't continue indefinitely, it has to start heading downwards somewhere and points of resistance often herald the start of a down trend. It could go either way here. So let me get this straight: It can go up - or down amazing. also, it could go sideway - people always forget that one. Well actually it only goes right |
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BlackSpidy
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November 03, 2015, 11:50:49 PM |
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amazing.
also, it could go sideway - people always forget that one.
I always forget about it because it's boring. Sideways really sucks, not as exciting as the other two. |
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Hyperjacked
Legendary
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Activity: 1610
Merit: 1119
It's all mathematics...!
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November 03, 2015, 11:51:49 PM |
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Bedtime for me right now. I'll be up in 7 hours or so.
Any ideas where we are heading during these next 7 hours and any guesses what it'll be when I wake up?
My guess based on absolutely nothing is $415 (U.S price not CHI)
Well we have slowed down, volume as well. I no longer feel we are inevitably going up. Yes that's correct, it is a feeling. This is not a paid signature. I would share my thoughts but nobody has givin a homeless person a meal for 2 days... |
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spud21
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November 03, 2015, 11:52:52 PM |
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404 : WHALE NOT FOUND #IMO some people sell his bitcoin and withdraw his dollar/Fiat because "the price" is very dangerous In autumn 2014 the price rose to about 420 then crashed. That makes it a point of resistance because people still remember it. A parabolic rise can't continue indefinitely, it has to start heading downwards somewhere and points of resistance often herald the start of a down trend. It could go either way here. So let me get this straight: It can go up - or down amazing. also, it could go sideway - people always forget that one. Yes it could go up, down, or sideways from here (but it has to go up or down eventually after going sideways). The next 24 hours are critical, unless it goes sideways for three months, in which case the next three months are critical. |
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DaRude
Legendary
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Activity: 2796
Merit: 1820
In order to dump coins one must have coins
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November 03, 2015, 11:56:30 PM |
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Pretty sure China wants to keep going up
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Tzupy
Legendary
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Activity: 2128
Merit: 1074
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November 03, 2015, 11:56:52 PM |
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It would be nice for this little triangle to break down (edit: in China) so I can go to sleep...  Crap, it's breaking up, more moontalk in this forum...  |
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ChartBuddy
Legendary
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Activity: 2184
Merit: 1777
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 04, 2015, 12:01:14 AM |
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nioc
Legendary
Offline
Activity: 1624
Merit: 1008
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November 04, 2015, 12:02:08 AM |
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It would be nice for this little triangle to break down (edit: in China) so I can go to sleep... Crap, it's breaking up, more moontalk in this forum... That's a very cute bear you have there. |
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orpington
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November 04, 2015, 12:02:16 AM |
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yay!  |
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wutizurkwest
Member
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Activity: 78
Merit: 10
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November 04, 2015, 12:07:06 AM |
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It would be nice for this little triangle to break down (edit: in China) so I can go to sleep... Crap, it's breaking up, more moontalk in this forum... It's 8 AM in China. The train is just leaving the station. Choo...choo...choo...choo...  |
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Hyperjacked
Legendary
Offline
Activity: 1610
Merit: 1119
It's all mathematics...!
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November 04, 2015, 12:09:33 AM |
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It would be nice for this little triangle to break down (edit: in China) so I can go to sleep... Crap, it's breaking up, more moontalk in this forum... It's 8 AM in China. The train is just leaving the station. Choo...choo...choo...choo... gotta get that that boom boom pow! |
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spooderman
Legendary
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Activity: 1638
Merit: 1022
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November 04, 2015, 12:09:42 AM |
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hey everyone
remember "business hours?"
lol
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1115
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November 04, 2015, 12:11:29 AM |
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Well, that was quite a day.  Quite, indeed. |
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