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

[ChartBuddy]

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[ChartBuddy]

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Explanation

[cbeast]

This is awsome!

"OMG I just discovered unreddit.com! It shows all the comments that have been deleted in a thread! Now you can see all the comments that theymos has been deleting from /r/bitcoin!"

https://www.reddit.com/r/btc/comments/409kcg/omg_i_just_discovered_unredditcom_it_shows_all/

theymos is right. If you want to comment the future of XT altcoin you should NOT do it on BTC threads. Open XT altcoin discussion and say whatever you want to say. Nobody will delete your threads.

There have been deleted posts warning people of potential loss too. Then not long afterward there was a lot of loss. I'm not naming names. The management of this forum does not seem to have the best interest of bitcoin in mind. You can spin your opinions, but you can't change fact. There will be a change of governance in the favor of the best suited to do so. There is no bitcoinxt. There is only a different method of governance.

[becoin]

This is awsome!

"OMG I just discovered unreddit.com! It shows all the comments that have been deleted in a thread! Now you can see all the comments that theymos has been deleting from /r/bitcoin!"

https://www.reddit.com/r/btc/comments/409kcg/omg_i_just_discovered_unredditcom_it_shows_all/

theymos is right. If you want to comment the future of XT altcoin you should NOT do it on BTC threads. Open XT altcoin discussion and say whatever you want to say. Nobody will delete your threads.

"A rose $hit by any other name would smell as sweet"

Corrected for you.

[becoin]

There have been deleted posts warning people of potential loss too. Then not long afterward there was a lot of loss.

Have you sold your bitcoins at the bottom? That was the time when those warnings appeared!

[Fatman3001]

This is awsome!

"OMG I just discovered unreddit.com! It shows all the comments that have been deleted in a thread! Now you can see all the comments that theymos has been deleting from /r/bitcoin!"

https://www.reddit.com/r/btc/comments/409kcg/omg_i_just_discovered_unredditcom_it_shows_all/

theymos is right. If you want to comment the future of XT altcoin you should NOT do it on BTC threads. Open XT altcoin discussion and say whatever you want to say. Nobody will delete your threads.

"A rose $hit by any other name would smell as sweet"

Corrected for you.

Thx for the attempted correction, but I found that neither is correct:

“What’s in a name? That which we call a rose
By any other name would smell as sweet.”

[cbeast]

There have been deleted posts warning people of potential loss too. Then not long afterward there was a lot of loss.

Have you sold your bitcoins at the bottom? That was the time when those warnings appeared!

I'm not talking about trading. The warnings were about an exchange that remains nameless.

[ChartBuddy]

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Explanation

[becoin]

There have been deleted posts warning people of potential loss too. Then not long afterward there was a lot of loss.

Have you sold your bitcoins at the bottom? That was the time when those warnings appeared!

I'm not talking about trading. The warnings were about an exchange that remains nameless.

I fail to see what is the connection between that 'nameless' exchange and XT altcoin?

[r0ach]

theymos is right. If you want to comment the future of XT altcoin you should NOT do it on BTC threads. Open XT altcoin discussion and say whatever you want to say. Nobody will delete your threads.

Raising block size has nothing to do with XT.  You can stop the propaganda lies now.  There's no such thing as centralized Bitcoin development.  Anyone is allowed to create any changes they want and have miners vote for it.

[inca]

theymos is right. If you want to comment the future of XT altcoin you should NOT do it on BTC threads. Open XT altcoin discussion and say whatever you want to say. Nobody will delete your threads.

Raising block size has nothing to do with XT.  You can stop the propaganda lies now.  There's no such thing as centralized Bitcoin development.  Anyone is allowed to create any changes they want and have miners vote for it.

Hear hear.

What is happening now was always going to happen at some point.

A fundamental weakness of bitcoin is the reliance on a few human programmers responsible for maintaining the reference client software run by the majority of the network. If a small cabal of people believe they can dictate the direction of bitcoin then as they are finding out to their chagrin the market will sidestep around them.

Bitcoin development has never been so exciting - BU, XT, BTCD, bitpay Core variant and now bitcoin classic. This is what open source is all about. The market will decide and if the market doesn't like 1mb blocks, over complicated soft forks, a fee market and RBF then bitcoin will simply follow another reference client and fork away. I can see the value proposition of bitcoin massively rising if that happens (no doubt significant volatility during the run up to a fork!) as it proves that the project cannot be coopted or changed by a few men - no matter their motivations - or indeed the outcome, whether it be continuing with Core or another team(s) instead.

EDIT: becoin you sound utterly preposterous trying to label other implementations of bitcoin clients mentioned above 'alt coins'. Such dishonesty simply marks you out as an unreasonable thoughtless drone.

[fisheater22]

@inca: Did you know that "it is not just the [disgusting cockroach] body that can survive decapitation; the lonely head can thrive, too, waving its antennae back and forth* for several hours until it runs out of steam, Kunkel says. If given nutrients and refrigerated, a roach head can last even longer."-- http://www.scientificamerican.com/article/fact-or-fiction-cockroach-can-live-without-head/
What's it like, finding a kindred spirit in a scurrying household pest?*If you can call it thriving...

[AlexGR]

Bitcoin development has never been so exciting - BU, XT, BTCD, bitpay Core variant and now bitcoin classic. This is what open source is all about.

Well, development is about developing new solutions to problems. Not about arguing whether a particular variable should be set at X or Y value.

If that's "development" then 1000 versions could spring up each one having their own proposal for that particular variable (max block size). How would that improve anything? That's not development.

In the end of the day the only people making work that will actually help bitcoin scale more => are core devs.

[ChartBuddy]

Coin



Explanation

[inca]

Bitcoin development has never been so exciting - BU, XT, BTCD, bitpay Core variant and now bitcoin classic. This is what open source is all about.

Well, development is about developing new solutions to problems. Not about arguing whether a particular variable should be set at X or Y value.

If that's "development" then 1000 versions could spring up each one having their own proposal for that particular variable (max block size). How would that improve anything? That's not development.

In the end of the day the only people making work that will actually help bitcoin scale more => are core devs.

KISS. Appeal to authority doesn't work against the market.

[cbeast]

There have been deleted posts warning people of potential loss too. Then not long afterward there was a lot of loss.

Have you sold your bitcoins at the bottom? That was the time when those warnings appeared!

I'm not talking about trading. The warnings were about an exchange that remains nameless.

I fail to see what is the connection between that 'nameless' exchange and XT altcoin?

Good, because one wasn't implied. I fail to see the reason you are looking for one.

[AlexGR]

Bitcoin development has never been so exciting - BU, XT, BTCD, bitpay Core variant and now bitcoin classic. This is what open source is all about.

Well, development is about developing new solutions to problems. Not about arguing whether a particular variable should be set at X or Y value.

If that's "development" then 1000 versions could spring up each one having their own proposal for that particular variable (max block size). How would that improve anything? That's not development.

In the end of the day the only people making work that will actually help bitcoin scale more => are core devs.

KISS. Appeal to authority doesn't work against the market.

And vaporware development "works" in the aforementioned market?

Look, I don't know how to code shit (in terms of BTC code), but I do know how to change a few variables / constants. That doesn't make me a developer or someone who can maintain my fork even if the market agrees that I found the right value for maxblocksize.

The scaling issue hides many motives and I'm not sure how deep the rabbit hole goes. I always found it suspect that some people are so hell bent on increasing block size that even if you tell them "ok, let's say we have a tech that effectively doubles the txs that can fit in a 1MB block, like segwit or something... why would you want it to go to 2MB?" and they are like "but it has to go to 2mb". Well, I call bullshit with them. That's hypocrisy. If the 1mb is an effective 2mb, then why would you need the 2 to become 4?

Why would someone, who would say yes if you asked them about a 2mb upgrade, be dissatisfied by a technological equivalent of a 2mb upgrade in terms of tx/s? What's going on here?

Anyway, we need more people who actually code stuff that reduce the kbytes used per block, improve network transmission speeds, reduce cpu cycles needed for processing etc, and do that while maintaining the integrity of the system. Not people tinkering with an existing variable that has known tradeoffs if you set it lower or higher.

[Searing]

I'm still hesitant. I don't really see how the bubble can un-pop in 5 days... that would be have to be some sort of record!

the power of FUD  on the dark side of the BTC force is strong

ie Cryptsy say goes full Gox....

http://bitcoinist.net/cryptsy-has-moved-out-of-their-building-unannounced-nowhere-to-be-found/  Cryptsy moved out of building!

http://bitcoinnewschannel.com/2016/01/09/paul-vern-cryptsys-ceo-seems-to-have-flown-to-china/ Off to China we go!


Remember BTC is a crypto soap opera....just add some core dev issues on the patches...and China trying or making noises to stamp down

on BTC again ..useless thou that may be...and viola 250 usd btc again!

BTC and the Circle of FUD ..they should make a movie!

[yefi]

The management of this forum does not seem to have the best interest of bitcoin in mind.

Is that why you're a donator?  

[gentlemand]

ie Cryptsy say goes full Gox....

Who gives a shit about that place? No doubt there'll be alt fans who'll be sad but that's about it. I don't think we'll be seeing headlines on the news if Wankcoin dies because of it.