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

[ChartBuddy]

Coin



Explanation

[adamstgBit]

[rjclarke2000]

What's halvening adam?
😉

[adamstgBit]

[Cconvert2G36]

4MB max in 2016, doubling at the halvings. (2MB would/could/should have been the limit at the drop to 25btc block rewards.)

Growth in the max could be halted or slowed by soft fork if alternative scaling solutions present themselves and are proven to be both functional and desired by the market.  

Code:

Max Blocksize	Block Reward	Year(~)		Native TPS(~)
1MB		50		2009		3
2MB		25		2013		6	
4MB		12.5		2016		12
8MB 		6.25		2019		24
16MB		3.125		2022		48
32MB		1.5625		2026		96
64MB		0.78125		2029		192
128MB		0.390625	2033		384
256MB		0.1953125	2037		768
512MB		0.09765625	2041		1536

There's something nice about the available space in a block for fee paying txs doubling at the same time the reward is cut.

If only satoshi would have spared us the drama. Doublings fight halvenings... forever.

[ChartBuddy]

Coin



Explanation

[marcus_of_augustus]

What's halvening adam?
😉

Pedantically, it is the Second Halvening ... the First Halvening was epic partytime.

[Cereberus]

So sluggish. November is going out with a wimper 

[rjclarke2000]

Ah you mean halving? Got it

[ChartBuddy]

Coin



Explanation

[cbeast]

What's halvening adam?
😉

Pedantically, it is the Second Halvening ... the First Halvening was epic partytime.

This one will be as exciting as a M. Night Shyamalan movie.

[Scream]

[im g]http://s30.postimg.org/fkdulerlt/Untitled.png[/img]

NO PROBLEM I LIKE YOUR PREDICTION

 


i think it's something special to know it
make me scared if i did'nt have 1BTC

[ChartBuddy]

Coin



Explanation

[Tstar]

Things really got heated, didn't they?

https://www.reddit.com/r/bitcoinxt/comments/3t21dh/dangerous_homebrew_cryptography_in_blockstream/cx586r1?context=3

u/nullic: If what I am told about your affiliations is correct, your failure to disclose them clearly is unethical.

Looks like something's happening amongst the Knights of The Round Table. I really don't understand all this. Just give a working BTC I don't care about all the disputes. Is that so difficult? You see when the human part comes into place, everything goes nuts

[BlindMayorBitcorn]

Things really got heated, didn't they?

https://www.reddit.com/r/bitcoinxt/comments/3t21dh/dangerous_homebrew_cryptography_in_blockstream/cx586r1?context=3

u/nullic: If what I am told about your affiliations is correct, your failure to disclose them clearly is unethical.

Looks like something's happening amongst the Knights of The Round Table. I really don't understand all this. Just give a working BTC I don't care about all the disputes. Is that so difficult? You see when the human part comes into place, everything goes nuts

But working how? And for how many, at what costs and with what trade-offs? If I'm not mistaken these are complicated, deep-principled disagreements. I still go back and forth.

[ChartBuddy]

Coin



Explanation

[Elwar]

Things really got heated, didn't they?

https://www.reddit.com/r/bitcoinxt/comments/3t21dh/dangerous_homebrew_cryptography_in_blockstream/cx586r1?context=3

u/nullic: If what I am told about your affiliations is correct, your failure to disclose them clearly is unethical.

Looks like something's happening amongst the Knights of The Round Table. I really don't understand all this. Just give a working BTC I don't care about all the disputes. Is that so difficult? You see when the human part comes into place, everything goes nuts

I agree, there is more talk about personality and agendas than actual discussion of development. The former can more easily be skewed. Math actually contains real answers.

[LFC_Bitcoin]

I don't trust Hearn & any of his ideas or reasoning. I'm usually a pretty good judge of character & alarm bells go off with him imo.

I wonder what agenda(s) he really has.

[hdbuck]

Things really got heated, didn't they?

https://www.reddit.com/r/bitcoinxt/comments/3t21dh/dangerous_homebrew_cryptography_in_blockstream/cx586r1?context=3

u/nullic: If what I am told about your affiliations is correct, your failure to disclose them clearly is unethical.

Looks like something's happening amongst the Knights of The Round Table. I really don't understand all this. Just give a working BTC I don't care about all the disputes. Is that so difficult? You see when the human part comes into place, everything goes nuts

I agree, there is more talk about personality and agendas than actual discussion of development. The former can more easily be skewed. Math actually contains real answers.

Bitcoin works now.

[Elwar]

ya.. so 350 in the next 26 hours 

When volume is weak like this... why bid things up? What's the rush?

We were comfortable at $220 not that long ago, $320 is a hard pill to swallow without substantial changes in the atmosphere. We need resolution from the 200k gox dagger above our heads... then comes max_block_size increases and the halvening, everybody's just buying/selling discount or premium tickets to that, at the moment.

max_block_size is a none issue. its getting solved one way or an other...

halvening is very bullish

320 360 328 389 319 310! wtv whats the dif.

bull market for 1 year and i wouldn't be surprised to be in the 1000's ...

The market seems to feel secure with $333 at the moment and the price is gravitating toward it like it was toward $230 for the second half of summer.

This is fine since we would end the year up and be solidly out of the bear market for the year with 2016 being the year of Bitcoin.