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

[brg444]

ppl who lie and know they've done something wrong tend to hide.  

Except sociopath weirdos who've made an habit out of defrauding people, isn't it so Dr. Marc A. Lowe?

You mean this guy:

http://www.healthgrades.com/physician/dr-marc-lowe-xglwn

Nop, that's the urologist 

[Fatman3001]

ppl who lie and know they've done something wrong tend to hide.  

Except sociopath weirdos who've made an habit out of defrauding people, isn't it so Dr. Marc A. Lowe?

You mean this guy:

http://www.healthgrades.com/physician/dr-marc-lowe-xglwn

Nop, that's the urologist 

Crap! I had both tabs open and picked the wrong one!



Playin it cool. Playin it cool.

[rocks]

You know a conversation is not about technical merits when words like "small blockers" and "cripplecoiner" start dominating the argument.

Key to winning an argument without logic:
Lump a bunch of people into a group, then attack that group. Usually by pointing out some bad actions of one or a few members of that group.

You know a conversion is not about technical merits when people have to resort to massive censorship and manipulation to dominate the argument (reddit bans, comment deletion, sorting by 'controversial' instead of 'best', the GCBU thread freeze on bitcointalk [largest and most popular thread with 1.3M views]).

Key to winning an argument without logic:
Lump a bunch of people into a group, then attack that group, then ban everything they say and every participant in that group.

[inca]

^I personally think you are hysterical.

That is because you do not understand.

[BlindMayorBitcorn]

^I personally think you are hysterical.

Edit: I read something interesting today, thought I might share it here.

How many senses do YOU have? Most people would say 5, but why pick 5? What about the sense of balance provided by your vestibular system? What about proprioception, the sense you have of where your limbs are when you close your eyes? That's 7 so far...

Not sure if sense of humour is a metaphor or not.

That is because you do not understand.

Maybe that. Or I have to spell out all my jokes for you. One or the other.

[JayJuanGee]

Isn't a sense of humor relative, anyhow?  I mean one poster's funny is another poster's somber.  

Am I the only one who thought it said "posterior" on the first pass?

That means that either you or monkey naturally have a sense of humor, and you do not need to work on your humor, like some others need.  

[Fatman3001]

Ok, the atmosphere in here has obviously turned sour.

I suggest that brg444 removes his post where he arrests me in my fuckup and then I believe everything else will resolve itself nicely.

Ok?

Sounds good?

Ok, then.

[aminorex]

I been away too long.  AFAICT, the development community is b0rked, needs a re-org: Deadlock, appearances of special interest corruption/co-option/subversion/subbornment, and rather more incivility than is usual.  

I hated the XT business - considered it very irresponsible - but considering the drama pulled since then by "interested" parties, I can now start to see why it might have been deemed the best choice in a bad situation, and my initial judgement may have been grossly uninformed.

I'm also starting to get very bearish, monkey be damned.

Anyhow, probably time to put on a full-node again, resume hashing regardless of RoE, if ever there was one.

[BlindMayorBitcorn]

^common sense 

[ChartBuddy]

Coin



Explanation

[jbreher]

Anyhow, probably time to put on a full-node again,

I restarted 24/7 on mine about a month ago, due to the controversy. Currently running Core, but not as support for core dev position. I am _very_ motivated to find an alternative. If only the 'anything but 1MB4EVA stasis' crowd had a single standard to rally around...

[niktitan132]

It begins. Up we go. Is everyone ready?

[emelac]

Anyhow, probably time to put on a full-node again,

I restarted 24/7 on mine about a month ago, due to the controversy. Currently running Core, but not as support for core dev position. I am _very_ motivated to find an alternative. If only the 'anything but 1MB4EVA stasis' crowd had a single standard to rally around...

Do you run yours from your computer at home, or from a vps?

I have been meaning to start running one, but I can't run mine from home, and it costs quite a lot for a decent vps that's reliable and has sufficient bandwidth. What's the lowest spec vps that can run a full node, and how much data would it probably use in a month?

[jbreher]

Market prices tend to rise with increased demand. That is a market function. And when you are still lower than your closest competitor, people will still prefer your service over theirs. If a bank wire costs 10$ and takes days and a btc transfer costs 1$ and takes minutes, why would I use SWIFT instead of BTC?

True, Bitcoin today enjoys a 91% market share of crypto. However, in the overall scope of a USD $7B asset class adrift in a many-$T sea, that market share is not unassailable. Indeed, should the masses finally decide to adopt crypto, I would expect them to adopt one that they can actually _use_, rather than one that prevents them from participating due to an arbitrary limitation. Any of dozens of shitcoins are waiting in the wings to meet this market need, jealously awaiting a chance to procure adoption by delivering real value in comparison to Bitcoin.

IOW, you have an inaccurate picture of the competitive marketplace.

And if you think miners would not switch in a second to some other coin, should it deliver larger profits, you are delusional.

[jbreher]

Anyhow, probably time to put on a full-node again,

I restarted 24/7 on mine about a month ago, due to the controversy. Currently running Core, but not as support for core dev position. I am _very_ motivated to find an alternative. If only the 'anything but 1MB4EVA stasis' crowd had a single standard to rally around...

Do you run yours from your computer at home, or from a vps?

I have been meaning to start running one, but I can't run mine from home, and it costs quite a lot for a decent vps that's reliable and has sufficient bandwidth. What's the lowest spec vps that can run a full node, and how much data would it probably use in a month?

Home. My entire bitcoin folder tree amounts to less than 64 GiB - or less than USD $10 of disk space. Bandwidth is such that I don't even notice any degradation to other apps. I admit that my ISP is better than many. I've never thought to measure it with any finer resolution than 'computing demands are irrelevant'.

BJA might be able to provide more info on VPS use. I think he said $118/yr, and a 'couple bucks/month for bandwidth'. But I don't mean to put words into his mouth.

[billyjoeallen]

Anyhow, probably time to put on a full-node again,

I restarted 24/7 on mine about a month ago, due to the controversy. Currently running Core, but not as support for core dev position. I am _very_ motivated to find an alternative. If only the 'anything but 1MB4EVA stasis' crowd had a single standard to rally around...

Do you run yours from your computer at home, or from a vps?

I have been meaning to start running one, but I can't run mine from home, and it costs quite a lot for a decent vps that's reliable and has sufficient bandwidth. What's the lowest spec vps that can run a full node, and how much data would it probably use in a month?

Home. My entire bitcoin folder tree amounts to less than 64 GiB - or less than USD $10 of disk space. Bandwidth is such that I don't even notice any degradation to other apps. I admit that my ISP is better than many. I've never thought to measure it with any finer resolution than 'computing demands are irrelevant'.

BJA might be able to provide more info on VPS use. I think he said $118/yr, and a 'couple bucks/month for bandwidth'. But I don't mean to put words into his mouth.

I post here under my real name. Why the hell would I use a VPS?

[ChartBuddy]

Coin



Explanation

[fisheater22]

I post here under my real name. Why the hell would I use a VPS?

A virtual private server (VPS). jbreher thinks that you rent one to run your node, but you just have a cheap/old box at home, right?

[AlexGR]

Market prices tend to rise with increased demand. That is a market function. And when you are still lower than your closest competitor, people will still prefer your service over theirs. If a bank wire costs 10$ and takes days and a btc transfer costs 1$ and takes minutes, why would I use SWIFT instead of BTC?

True, Bitcoin today enjoys a 91% market share of crypto. However, in the overall scope of a USD $7B asset class adrift in a many-$T sea, that market share is not unassailable. Indeed, should the masses finally decide to adopt crypto, I would expect them to adopt one that they can actually _use_, rather than one that prevents them from participating due to an arbitrary limitation. Any of dozens of shitcoins are waiting in the wings to meet this market need, jealously awaiting a chance to procure adoption by delivering real value in comparison to Bitcoin.

What will happen, at most, is that shitcoins will be used for low-value txs and btc will be used for high value txs. You want to gamble for a few cents => you use a shitcoin. You want to buy a chewing gum => you use a shitcoin. You want to transfer 500$ or $5 mn, you use BTC.

[brg444]

Anyhow, probably time to put on a full-node again,

I restarted 24/7 on mine about a month ago, due to the controversy. Currently running Core, but not as support for core dev position. I am _very_ motivated to find an alternative. If only the 'anything but 1MB4EVA stasis' crowd had a single standard to rally around...

Do you run yours from your computer at home, or from a vps?

I have been meaning to start running one, but I can't run mine from home, and it costs quite a lot for a decent vps that's reliable and has sufficient bandwidth. What's the lowest spec vps that can run a full node, and how much data would it probably use in a month?

Home. My entire bitcoin folder tree amounts to less than 64 GiB - or less than USD $10 of disk space. Bandwidth is such that I don't even notice any degradation to other apps. I admit that my ISP is better than many. I've never thought to measure it with any finer resolution than 'computing demands are irrelevant'.

Care to share how many peers you're connected to?