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

[Cconvert2G36]

With a large amount of financial institutions running blockchains or now implementing them, does this not prove the bitcoin blockchain is a success.

the only reason to implement a technology your competitor invented is because it works

With a large amount of companies running social media networks or now implementing them, does this not prove the myspace social network is a success.(?)

the only reason to implement a technology your competitor invented is because it works

[inb4 but mah sensorship free digital hodling gold store of value for captains of industry]

[ChartBuddy]

Coin



Explanation

[AlexGR]

With a large amount of financial institutions running blockchains or now implementing them, does this not prove the bitcoin blockchain is a success.

the only reason to implement a technology your competitor invented is because it works

Up to now, only altcoins have implemented decentralized blockchains. Centralized blockchains are just ...highly inefficient hierarchical databases.

[sAt0sHiFanClub]

With 1MB blocks Danny Hamilton estimates fees could reach as high as $100 a transaction.

Schweeet. The rest of Planet Earth will be beating down the blockchain's doors for the honour of one transaction. I can see them being given as wedding presents or instead of a dowry.

Proclaim your love for her on the Blockchain. If you really love her?

New grounds for divorce? "Transaction Malleability, your honour!"

Not in Japan it isn't.

Well, I suppose in prison, you mate for...life.

[sAt0sHiFanClub]

The main part tho was that Googles searches were much better than AskJeeves and Altavista. Their search algo was far superior. People found what they were looking for.

By that reckoning (www.persiankitty.com ) should have taken over the world!!  

[peonminer]

The main part tho was that Googles searches were much better than AskJeeves and Altavista. Their search algo was far superior. People found what they were looking for.

By that reckoning this should have taken over the world!! 

nomnomnomnomnom

http://img2.lifeselector.com/images/polaroid/5/polaroid_girl_size1400.jpg

[JayJuanGee]

With a large amount of financial institutions running blockchains or now implementing them, does this not prove the bitcoin blockchain is a success.

the only reason to implement a technology your competitor invented is because it works

With a large amount of companies running social media networks or now implementing them, does this not prove the myspace social network is a success.(?)

the only reason to implement a technology your competitor invented is because it works

[inb4 but mah sensorship free digital hodling gold store of value for captains of industry]

I know people like to use myspace to emphasize a certain point about inadequacies with first mover advantages by itself, but the myspace analogy remains a bit inept because there is more to first mover advantage besides the number of users.... and something about bitcoin does not quite fit that attempted analogy.

Surely, we will see how the bitcoin experiment plays out in the near term (and it seems far from dead as Hearn and like naysayers have been recently asserting), and bitcoin is a long way from having any serious contenders for the trusted first place slot... and if some people are describing ethereum, at this point, as a serious contender to bitcoin because of its moving up in the marketcap ranks, we certainly need to see how that seemingly current phenomenon plays out...

Ethereum has been pumped quite a bit recently, but they have already in their short history experienced considerable centralization type problems and also problems with how they employed their crowd sourcing proceeds from last year...   Maybe, those issues are behind Ethereum, but several aspects of ethereum seem to have its own issues in regards to pump and dump sense and various small community centralization like dynamics.

[Fatman3001]

The main part tho was that Googles searches were much better than AskJeeves and Altavista. Their search algo was far superior. People found what they were looking for.

By that reckoning [url =http://www.persiankitty.com/]this[/url] should have taken over the world!!  

If there was any point to what I wrote I guess it would be that the analogy breaks at some point. We might have to think for ourselves.

(Crap! Where's that anti-spyware!?!?!!?!!)

(Edit: Only 628 threats detected, I guess it was soft porn then.)

[Cconvert2G36]

-snip- 
Maybe, those issues are behind Ethereum, but several aspects of ethereum seem to have its own issues in regards to pump and dump sense and various small community centralization like dynamics.

You mean like a single company stonewalling a simple upgrade to tx capacity... directly and negatively affecting its competitiveness against growing alternatives?

Perhaps you should stop insulting your betters like you did to mmitech earlier and start thinking about these issues.

[BlindMayorBitcorn]

^I thought Adam Back was on record with some kind of 2-4-8 plan?

I think Luke Jr. is against it because Jesus. Let me go check...

[sAt0sHiFanClub]

The main part tho was that Googles searches were much better than AskJeeves and Altavista. Their search algo was far superior. People found what they were looking for.

By that reckoning [url =http://www.persiankitty.com/]this[/url] should have taken over the world!!  

If there was any point to what I wrote I guess it would be that the analogy breaks at some point. We might have to think for ourselves.

(Crap! Where's that anti-spyware!?!?!!?!!)

(Edit: Only 628 threats detected, I guess it was soft porn then.)

You know, I cant remember the actual point I switched to google from AltaVista, despite having convinced myself that I never would. Funny, no matter how entrenched we think we are, we are liableto change in a heartbeat. Bitcoin core could learn that lesson.

I removed the link   - if people wish to discover how we found porn in 1994 then they can type it themselves... ( and learn how we got rid of spyware too!)
Sorry for your spyware troubles...  

[marcus_of_augustus]

-snip-  
Maybe, those issues are behind Ethereum, but several aspects of ethereum seem to have its own issues in regards to pump and dump sense and various small community centralization like dynamics.

You mean like a single company stonewalling a simple upgrade to tx capacity... directly and negatively affecting its competitiveness against growing alternatives?

Perhaps you should stop insulting your betters like you did to mmitech earlier and start thinking about these issues.

Stop lying and spreading lies. People like you have totally poisoned the debate to take it out of the realm of technical into the personal attacks, smears and political, which of course was your disgusting intention all along.

There is no "single company stonewalling a simple upgrade to tx capacity" that is a blatant lie.

If lies are all you have left to try and scare some plebes into supporting a coup to a centralised development model then you are delusional and lying to yourself also. Bitcoin Core development has many different parties contributing code, review, analysis, testing and research (NB: decentralised already)... AND they all agree to the way forward. Bigger blocks will come when they are needed, when we have widespread functioning fee selection and replacement s/ware in wallets (in case it is needed and for future-proofing), and the low-risk beneficial algorithmic capacity increases have been implemented .... just not tonight dear (as someone said).

[Fatman3001]

The main part tho was that Googles searches were much better than AskJeeves and Altavista. Their search algo was far superior. People found what they were looking for.

By that reckoning [url =http://www.persiankitty.com/]this[/url] should have taken over the world!!  

If there was any point to what I wrote I guess it would be that the analogy breaks at some point. We might have to think for ourselves.

(Crap! Where's that anti-spyware!?!?!!?!!)

(Edit: Only 628 threats detected, I guess it was soft porn then.)

You know, I cant remember the actual point I switched to google from AltaVista, despite having convinced myself that I never would. Funny, no matter how entrenched we think we are, we are liableto change in a heartbeat. Bitcoin core could learn that lesson.

I removed the link   - if people wish to discover how we found porn in 1994 then they can type it themselves... ( and learn how we got rid of spyware too!)
Sorry for your spyware troubles...  

I guess I'm more of a whore. I switched after the first try. It was sooo much better. I tried switching back after Google became a verb, but it only lasted 20 seconds.

[Fatman3001]

-snip-  
Maybe, those issues are behind Ethereum, but several aspects of ethereum seem to have its own issues in regards to pump and dump sense and various small community centralization like dynamics.

You mean like a single company stonewalling a simple upgrade to tx capacity... directly and negatively affecting its competitiveness against growing alternatives?

Perhaps you should stop insulting your betters like you did to mmitech earlier and start thinking about these issues.

Stop lying and spreading lies. People like you have totally poisoned the debate to take it out of the realm of technical into the personal attacks, smears and political, which of course was your disgusting intention all along.

[BlindMayorBitcorn]

-snip-  
Maybe, those issues are behind Ethereum, but several aspects of ethereum seem to have its own issues in regards to pump and dump sense and various small community centralization like dynamics.

You mean like a single company stonewalling a simple upgrade to tx capacity... directly and negatively affecting its competitiveness against growing alternatives?

Perhaps you should stop insulting your betters like you did to mmitech earlier and start thinking about these issues.

....
just not tonight dear (as someone said).

It was Nelson Mandela.

[ChartBuddy]

Coin



Explanation

[sAt0sHiFanClub]

-snip-  
Maybe, those issues are behind Ethereum, but several aspects of ethereum seem to have its own issues in regards to pump and dump sense and various small community centralization like dynamics.

You mean like a single company stonewalling a simple upgrade to tx capacity... directly and negatively affecting its competitiveness against growing alternatives?

Perhaps you should stop insulting your betters like you did to mmitech earlier and start thinking about these issues.

[peonminer]

[Meuh6879]

july 2016 = Halving.

[peonminer]

july 2016 = Halving.