ChartBuddy
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Activity: 2310
Merit: 1801
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 12, 2015, 11:00:56 PM |
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ssmc2
Legendary
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Activity: 2002
Merit: 1040
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December 12, 2015, 11:03:04 PM |
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Take it easy now guys. Don't push too hard...
Fuck that. PUSH
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peonminer
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December 12, 2015, 11:04:09 PM |
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i think selling now is good.
470 is not easy to beat
I'm not seeing it Adam... You don't get it; The market always goes against Adam's predictions.
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Fatman3001
Legendary
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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December 12, 2015, 11:06:26 PM |
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i think selling now is good.
470 is not easy to beat
I'm not seeing it Adam... You don't get it; The market always goes against Adam's predictions. TAI, that's what's kept me afloat.
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Cconvert2G36
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December 12, 2015, 11:07:57 PM |
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When the network gets near hitting capacity of ~220,000 tx per day, the rally gets its head lopped off... coincidence? https://blockchain.info/charts/n-transactionsAny future rally will be meaningfully constrained by this "safety feature". ... soon time to start high-grading for valuable TX anyway. It's an industrial level tech., can't always remain a sandpit for toy projects. Which makes you misguided about rallies being "constrained" ... but hey, who am I to stop people losing money? A.Miners should decide which transactions are valuable enough to process, B. not a central planning committee. Especially not a committee which is dominated by a for profit company which was explicitly formed to offer a "solution" to the "problem". *facepalms* which one is it.? a central planning committee of miners? notsureiftrollingorstupid.jpg Who has incentives better aligned with the network? Many individual companies that have built pools with massive investment in hashing behind them (their success is nearly synonymous with the success of Bitcoin), or one company that benefits (almost solely) from artificial scarcity of capacity? The questions are somewhat rhetorical, because I already know your answer.
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marcus_of_augustus
Legendary
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Activity: 3920
Merit: 2349
Eadem mutata resurgo
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December 12, 2015, 11:13:18 PM |
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When the network gets near hitting capacity of ~220,000 tx per day, the rally gets its head lopped off... coincidence? https://blockchain.info/charts/n-transactionsAny future rally will be meaningfully constrained by this "safety feature". ... soon time to start high-grading for valuable TX anyway. It's an industrial level tech., can't always remain a sandpit for toy projects. Which makes you misguided about rallies being "constrained" ... but hey, who am I to stop people losing money? toy projects like allowing a billion people to claw their way out of squalor? Toys are things that are not needed, you elitist fuck. Find some other way to buy drugs and cheat on taxes. Helping impoverished people save money is not a toy project. ... don't get your longjohns bunched up, noone is trying to stop anyone crawl their way out their backwater muckhole. At some point you will realise that freight trains, tractors and steam engines are for doing real work and cars and light trucks are what people use for everyday trade. It's just engineers recognise these functional differences first, especially in more abstract arenas like globally-networked electronic commerce. Hint: there are great opportunities right now for building everyman layers, i.e. the cars and light trucks, go be the next Henry Ford instead on here whinging that your SV buddies can't use 'their' steam engine to pop-out for a latte.
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ssmc2
Legendary
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Activity: 2002
Merit: 1040
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December 12, 2015, 11:18:32 PM |
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Buckle in
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marcus_of_augustus
Legendary
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Activity: 3920
Merit: 2349
Eadem mutata resurgo
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December 12, 2015, 11:19:00 PM |
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When the network gets near hitting capacity of ~220,000 tx per day, the rally gets its head lopped off... coincidence? https://blockchain.info/charts/n-transactionsAny future rally will be meaningfully constrained by this "safety feature". ... soon time to start high-grading for valuable TX anyway. It's an industrial level tech., can't always remain a sandpit for toy projects. Which makes you misguided about rallies being "constrained" ... but hey, who am I to stop people losing money? Miners should decide which transactions are valuable enough to process, not a central planning committee. Especially not a committee which is dominated by a for profit company which was explicitly formed to offer a "solution" to the "problem". c'mon, enough with the conspiracy FUD smearing, stirring up, slinging and smearing. The miners do indeed decide but they are for now more than happy to delegate that responsibility, wholly, and huge development costs to the development community (no committees involved for those not paying attention). Feel free to submit better ideas to the bitcoin development github Issues: https://github.com/bitcoin/bitcoin/issuesPull requests: https://github.com/bitcoin/bitcoin/pulls
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practicaldreamer
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December 12, 2015, 11:20:25 PM |
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....they are buying btc in china and selling btc in the west
Where's the demand in the west coming from ?
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gotmilk_
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December 12, 2015, 11:21:37 PM |
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Fly me to the moon...
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Hyperjacked
Legendary
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Activity: 1610
Merit: 1119
It's all mathematics...!
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December 12, 2015, 11:21:53 PM |
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....they are buying btc in china and selling btc in the west
Where's the demand in the west coming from ? From a dream... like the butterfly's wings flapping!
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marcus_of_augustus
Legendary
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Activity: 3920
Merit: 2349
Eadem mutata resurgo
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December 12, 2015, 11:21:58 PM |
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....they are buying btc in china and selling btc in the west
Where's the demand in the west coming from ? rising prices from the buying in china create new demand in the west ... it's like a free energy machine
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Fatman3001
Legendary
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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December 12, 2015, 11:27:18 PM |
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When the network gets near hitting capacity of ~220,000 tx per day, the rally gets its head lopped off... coincidence? https://blockchain.info/charts/n-transactionsAny future rally will be meaningfully constrained by this "safety feature". ... soon time to start high-grading for valuable TX anyway. It's an industrial level tech., can't always remain a sandpit for toy projects. Which makes you misguided about rallies being "constrained" ... but hey, who am I to stop people losing money? Miners should decide which transactions are valuable enough to process, not a central planning committee. Especially not a committee which is dominated by a for profit company which was explicitly formed to offer a "solution" to the "problem". c'mon, enough with the conspiracy FUD smearing, stirring up, slinging and smearing. The miners do indeed decide but they are for now more than happy to delegate that responsibility, wholly, and huge development costs to the development community (no committees involved for those not paying attention). Feel free to submit better ideas to the bitcoin development github Issues: https://github.com/bitcoin/bitcoin/issuesPull requests: https://github.com/bitcoin/bitcoin/pullsI suggest you read up on "conflict of interest". It's not about conspiracy. It's an objective fact.
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practicaldreamer
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December 12, 2015, 11:27:59 PM |
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....they are buying btc in china and selling btc in the west
Where's the demand in the west coming from ? rising prices from the buying in china create new demand in the west ... it's like a free energy machine Possibly - but shouldn't the oversupply on the western exchanges hold down prices ? I mean, the price on Huobi has no material effect on BTC in the west - might as well say BTC is trading at $10k in China - makes no difference to us, materially/practically. Are we that gullible ?
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brg444
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December 12, 2015, 11:30:10 PM |
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miss me with your transaction FUD them chinese keep all their coins on exchange anyway
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marcus_of_augustus
Legendary
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Activity: 3920
Merit: 2349
Eadem mutata resurgo
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December 12, 2015, 11:31:03 PM |
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I suggest you read up on "conflict of interest". It's not about conspiracy. It's an objective fact.
I would suggest you keep your inane suggestions to yourself, but I'm too polite for that.
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 12, 2015, 11:31:19 PM |
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600watt
Legendary
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Activity: 2338
Merit: 2106
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December 12, 2015, 11:32:11 PM |
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Relax, Jack. Get that log on and down a couple of drinks. And be careful with that fat finger. big hug for posting gl - a true master.
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Oblodo
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December 12, 2015, 11:32:42 PM |
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The volume the last days!
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Cconvert2G36
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December 12, 2015, 11:33:25 PM |
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When the network gets near hitting capacity of ~220,000 tx per day, the rally gets its head lopped off... coincidence? https://blockchain.info/charts/n-transactionsAny future rally will be meaningfully constrained by this "safety feature". ... soon time to start high-grading for valuable TX anyway. It's an industrial level tech., can't always remain a sandpit for toy projects. Which makes you misguided about rallies being "constrained" ... but hey, who am I to stop people losing money? Miners should decide which transactions are valuable enough to process, not a central planning committee. Especially not a committee which is dominated by a for profit company which was explicitly formed to offer a "solution" to the "problem". c'mon, enough with the conspiracy FUD smearing, stirring up, slinging and smearing. The miners do indeed decide but they are for now more than happy to delegate that responsibility, wholly, and huge development costs to the development community (no committees involved for those not paying attention). Feel free to submit better ideas to the bitcoin development github Issues: https://github.com/bitcoin/bitcoin/issuesPull requests: https://github.com/bitcoin/bitcoin/pullsGarzik already submitted BIP102, which I think would be an acceptable "can kick" to further study the issue and possible solutions... The conference is over, and there is no plan in sight. I don't really think a controversial overhaul of the system in the form of SegWit is going to offer any relief, any time soon.
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