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

[ChartBuddy]

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Explanation

[sAt0sHiFanClub]

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.

Because 1MB was not arrived at arbitrarily, but through exhaustive research and testing?

You're not saying that 1MB is simply a meaningless number Satoshi randomly selected because it was always meant to be increased long before it was reached, are you? Because that couldn't be the truth of the situation according to what blockstream says.

Satoshi selected a much bigger number originally (was it 32MB?). It was changed temporary to 1MB for reasons already in the past and not in effect at the current moment.

He didn't have any limit - the 32Mb you are thinking of is a message size limit on the underlying p2p protocol. For Satoshi, bitcoin was... unlimited.

[adverbelly]

what do you think this week about bitcoin prince?

[Elwar]

what do you think this week about bitcoin prince?

Should play in the $440s for a couple weeks.

[madmat]

Bitcoin Classic is coming. We are saved. BUY

https://www.reddit.com/r/btc/comments/40gh5l/bitcoin_classic_is_coming/

[hdbuck]

Bitcoin Classic is coming. We are saved. BUY

https://www.reddit.com/r/btc/comments/40gh5l/bitcoin_classic_is_coming/

lawl, so instead of honestly seeking for new altcoin names and parallel development, the new shit now is to come up with whatever adjective and append it to bitcoin to somehow faint innovation and catch some of the reddit shitlords herd??

[ChartBuddy]

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Explanation

[flagpara]

Bitcoin Classic is coming. We are saved. BUY

https://www.reddit.com/r/btc/comments/40gh5l/bitcoin_classic_is_coming/

I don't understand the point of this...

[Elwar]

Bitcoin Classic is coming. We are saved. BUY

https://www.reddit.com/r/btc/comments/40gh5l/bitcoin_classic_is_coming/

I don't understand the point of this...

Some dude thinks he can make some money from coming out with a catchy named altcoin.

[flagpara]

Some dude thinks he can make some money from coming out with a catchy named altcoin.

Which explains why I don't see the point of this "innovation" xD

[madmat]

Some dude thinks he can make some money from coming out with a catchy named altcoin.

Which explains why I don't see the point of this "innovation" xD

This is not innovation, this is an update in consensus to allow bigger blocks. 2MB in this case.

[ChartBuddy]

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Explanation

[hdbuck]

Some dude thinks he can make some money from coming out with a catchy named altcoin.

Which explains why I don't see the point of this "innovation" xD

This is not innovation, this is an update in consensus to allow bigger blocks. 2MB in this case.

Consensus is already 'in' as per the block size: status quo.

In other words, forkers STFU or fork off.

[aztecminer]

After price rises 10% and retraces 3% the bears will be back.

i haven't gone anywhere.. as a matter of fact, i am helpin keep this biatch levitated.. they can't go down or people like me will buy coins we sold before at a profit cheaper than we sold ... if they go up then people like me gain fiat value for their stash (fiat value doesnt mean much since the usd is dying anyways) .. they can go sideways, but i, personally, will easily outlast that shiat ... thats why i am always in here talking trash..cuz..it dont matter which way .. THEY CAN'T PUNISH ME .. obviously.... i talking trash even as the value of my cold storage holdings is increasing.

Your comment really has nothing to do concerning whether you are a bear or a bull.

If you are holding both fiat and btc, then it is just a matter of whether you have sufficiently allocated for your point of view regarding the probable direction of the price.

You can talk all the trash that you like, but other people, whether bears or bulls are also engaged in various strategies that they perceive are good for their own financial position.. and some positions are more profitable than others, and surely time will tell us, as well who made better bets to the extent that they have invested where their mouth is.

wow.. people have different positions from strategies they use to trade with, some more profitable than others... imagine that.

[aztecminer]

Bitcoin Classic is coming. We are saved. BUY

https://www.reddit.com/r/btc/comments/40gh5l/bitcoin_classic_is_coming/

oh yeah. .. like classic coke only better!

[Fatman3001]

Some dude thinks he can make some money from coming out with a catchy named altcoin.

Which explains why I don't see the point of this "innovation" xD

This is not innovation, this is an update in consensus to allow bigger blocks. 2MB in this case.

Consensus is already 'in' as per the block size: status quo.

In other words, forkers STFU or fork off.

Don't worry hdbuck. Core will release larger blocks by the end of the year.

[aztecminer]

cryptsy secretly disappears from its HQ leaving no trace, while bitfinex underpays margin lenders. obviously, i need a bitcoin classic right now.

[hdbuck]

Some dude thinks he can make some money from coming out with a catchy named altcoin.

Which explains why I don't see the point of this "innovation" xD

This is not innovation, this is an update in consensus to allow bigger blocks. 2MB in this case.

Consensus is already 'in' as per the block size: status quo.

In other words, forkers STFU or fork off.

Don't worry hdbuck. Core will release larger blocks by the end of the year.

wanna bet?

[Fatman3001]

Some dude thinks he can make some money from coming out with a catchy named altcoin.

Which explains why I don't see the point of this "innovation" xD

This is not innovation, this is an update in consensus to allow bigger blocks. 2MB in this case.

Consensus is already 'in' as per the block size: status quo.

In other words, forkers STFU or fork off.

Don't worry hdbuck. Core will release larger blocks by the end of the year.

wanna bet?

Just relax and watch Bitcoin do its thing. Everything will be ok.

Bet? With you? No, but I am hodling.

[ChartBuddy]

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Explanation