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

[mmitech]

The Pic speaks for it self

This is a Bitcoin thread in the Bitcoin section, so you shouldn't be promoting altcoins here.

Neverheless ethereum's only gone up by 10.57%. Why did you omit dogecoin which has surpassed it by going up by 11.11%? You showed dash at 5th place which has crashed, but omitted dogecoin at 6th place.


Dogecoin has been pumped numerous times, and ethereum's being pumped like any other altcoin.

dash, Litecoin, Dogecoin.... and so many other coins are just a Bitcoin copy cats, Bitcoin's limitations will apply on all the Bitcoin forks, in the other hand you have ETH which is a kick ass platform.


BTW: you don't get to tel me what I can discuss and what not especially in this thread and in this sub-forum. period.

[mOgliE]

The Pic speaks for it self

This is a Bitcoin thread in the Bitcoin section, so you shouldn't be promoting altcoins here.

Neverheless ethereum had only gone up by 10.57%. Why did you omit dogecoin which has surpassed it by going up by 11.11%? You showed dash at 5th place which has crashed, but omitted dogecoin at 6th place. Is that because a joke like dogecoin going up faster than ethereum doesn't make ethereum look good?



Dogecoin has been pumped numerous times, and ethereum's being pumped like any other altcoin.

Or the fact that growth of a market less than 200 millions is not significant ^^

[8up]

PSA: If you haven't bought bitcoin @$220 (or below), the next best time to buy is now.

Sub $400 is the new MUST-BUY zone.

[Ayle56]

The Pic speaks for it self

This is a Bitcoin thread in the Bitcoin section, so you shouldn't be promoting altcoins here.

Neverheless ethereum's only gone up by 10.57%. Why did you omit dogecoin which has surpassed it by going up by 11.11%? You showed dash at 5th place which has crashed, but omitted dogecoin at 6th place.


Dogecoin has been pumped numerous times, and ethereum's being pumped like any other altcoin.

dash, Litecoin, Dogecoin.... and so many other coins are just a Bitcoin copy cats, Bitcoin's limitations will apply on all the Bitcoin forks, in the other hand you have ETH which is a kick ass platform.


BTW: you don't get to tel me what I can discuss and what not especially in this thread and in this sub-forum. period.

It's not me that tells you what you can discuss, it's the mods. This is what Lauda (a mod) has to say about a post just like yours in the Bitcoin discussion board. He says making a price comparison isn't a discussion related to Bitcoin. That post also starts with a coinmarketcap screenshot.

No it's not. This is Bitcoin related. Far superior tech replacing your precious BTC.

This is a discussion about another useless coin. This is not related to Bitcoin (making a price comparison != related to Bitcoin/B. Discussion).

[hdbuck]

2m vwap at 410$, not quite oversold.

[mmitech]

The Pic speaks for it self

This is a Bitcoin thread in the Bitcoin section, so you shouldn't be promoting altcoins here.

Neverheless ethereum's only gone up by 10.57%. Why did you omit dogecoin which has surpassed it by going up by 11.11%? You showed dash at 5th place which has crashed, but omitted dogecoin at 6th place.


Dogecoin has been pumped numerous times, and ethereum's being pumped like any other altcoin.

dash, Litecoin, Dogecoin.... and so many other coins are just a Bitcoin copy cats, Bitcoin's limitations will apply on all the Bitcoin forks, in the other hand you have ETH which is a kick ass platform.


BTW: you don't get to tel me what I can discuss and what not especially in this thread and in this sub-forum. period.

It's not me that tells you what you can discuss, it's the mods. This is what Lauda (a mod) has to say about a post just like yours in the Bitcoin discussion board. He says making a price comparison isn't a discussion related to Bitcoin. That post also starts with a coinmarketcap screenshot.

No it's not. This is Bitcoin related. Far superior tech replacing your precious BTC.

This is a discussion about another useless coin. This is not related to Bitcoin (making a price comparison != related to Bitcoin/B. Discussion).

Please lets stop talking about Bitcoin's technical limitations, because this way they will go away... and please don't mention any better, efficient and advanced solutions especially in the forum where most crypto enthusiasts/investors gather to get information, this way Bitcoin will never fail...


One thing you've got right, I have to stop posting hints about the dead horse, the time of free hints is gone... this will be the last one I promise.

Edit: I stopped visiting this sub-forum for almost a year, I got more productive, I will stop visiting again.... nothing good comes out of here, this is my last post ever in the speculation sub-forum.

[ChartBuddy]

Coin



Explanation

[ChartBuddy]

Coin



Explanation

[BlindMayorBitcorn]

https://petertodd.org/2016/are-wallets-ready-for-rbf

No.

[Sitarow]

The Pic speaks for it self

This is a Bitcoin thread in the Bitcoin section, so you shouldn't be promoting altcoins here.

Neverheless ethereum's only gone up by 10.57%. Why did you omit dogecoin which has surpassed it by going up by 11.11%? You showed dash at 5th place which has crashed, but omitted dogecoin at 6th place.


Dogecoin has been pumped numerous times, and ethereum's being pumped like any other altcoin.

dash, Litecoin, Dogecoin.... and so many other coins are just a Bitcoin copy cats, Bitcoin's limitations will apply on all the Bitcoin forks, in the other hand you have ETH which is a kick ass platform.


BTW: you don't get to tel me what I can discuss and what not especially in this thread and in this sub-forum. period.

It's not me that tells you what you can discuss, it's the mods. This is what Lauda (a mod) has to say about a post just like yours in the Bitcoin discussion board. He says making a price comparison isn't a discussion related to Bitcoin. That post also starts with a coinmarketcap screenshot.

No it's not. This is Bitcoin related. Far superior tech replacing your precious BTC.

This is a discussion about another useless coin. This is not related to Bitcoin (making a price comparison != related to Bitcoin/B. Discussion).

I will say that at the All-Star Panel: with Ed Moy, Joseph VaughnPerling, Trace Mayer, Nick Szabo, Dr. Craig Wright there was the topic of incorporating ETH concepts into Bitcoin. Were they suggesting that such a thing would potentially "obs" the ETH concept as redundant?

Watch it and give us your perspective
https://www.youtube.com/watch?v=LdvQTwjVmrE

[Richy_T]

57MB in the pool. What did we hit during the epic stress-test of a while ago? Is there a record all time high we should be shooting for?

It's hard to tell. It grows continuously based on the min relay transaction fee (which I have set fairly low) after a reboot by my understanding and I don't think this version has an ejection mechanism. So the number by itself is fairly meaningless. I'm thinking of replacing it with something more useful.

[AlexGR]

57MB in the pool. What did we hit during the epic stress-test of a while ago? Is there a record all time high we should be shooting for?

It's hard to tell. It grows continuously based on the min relay transaction fee (which I have set fairly low) after a reboot by my understanding and I don't think this version has an ejection mechanism. So the number by itself is fairly meaningless. I'm thinking of replacing it with something more useful.

Use first block inclusion fees.

[BlindMayorBitcorn]

Greg Maxwell admits the main reason for the block size limit is to force a fee market. Not because of bandwidth, transmission rates, orphaning, but because otherwise transactions would be 'too cheap'.

I am currently leaving redmarks on my forehead with my palm.

The block-size limits the rate of new transactions entering the system as well... because the fee required to entire the mempool goes up with the backlog.

But I'm glad you've realized that efficient block transmission can potentially remove size mediated orphaning from the mining game. I expect that you will now be compelled by intellectual honesty to go do internet battle with all the people claiming that a fee market will necessarily exist absent a blocksize limit due to this factor. Right?

[ChartBuddy]

Coin



Explanation

[Richy_T]

That's 4 cents / 0.04 USD for urgent first block inclusion, despite "full blocks" and 55+ mb of queued transactions. I asked "why" before but I didn't get an answer. Why don't we have "5$ fees" or "100$ fees"? Why is it just 4 cents?

4c is high. And we are in a period of lower congestion right now so you'd have to start looking at when the blocks were full on a regular basis a few days ago. And even then, that doesn't tell the full story since people will be optimistic for a while.

[aztecminer]

When bitcoin fall $350 again?
Any guess ?

probably not. the marshall's pump served multiple purposes:

1. bigger profit for the marshal's auction
2. sell the bitcoin halving
3. trick peeps to dump their coins early @300-320 range .
4. keep peeps out of pms during obama's "peddling fiction" critical economic crisis that is unfolding .


New Stuff (not associated w Marshal's Pump 2015):

5. janet yellen has excuse why her rate increase has so far failed the stock market cuz of the #blizzard2016.
6. rate increase of 0.25% "We suspect that one of the main drivers behind the Federal Reserves’ insistence that interest rates be raised is to drive demand for Treasuries to combat de-dollarization initiatives." https://smaulgld.com/foreign-holdings-u-s-treasuries-2/

the usa has 8133 tons of gold that is awesome! if we have that much gold then we win no matter what. we have more gold than russia and china together.. we are the gold holders. we have most of the worlds gold.. we are the winners. no one has more gold than us.. some people have all the gold, and some people only have some of the gold, while others have no gold at all.. luckily, “all of us” in the usa live in a country that has more gold than russia and china put together.. clearly, we can all see we are the winners with more gold than anyone else.

what this means is that we, the usa, are just playing the rest of the world.. we’re using our fiat currency to buy as much stuff as we possibly can before we let the dollar collapse and then rule the world with our massive pile of gold that we have more of than anyone else in the entire world. all you have to do is look at the above charts to see that the usa is the gold rulers of the world. we are to big to fail. we have all the gold and we are working on trading bitcoins for chinas gold right now. we don’t mess around in the usa. if you got gold then we will trade you either paper or digits for your gold.. because, as can see, we are the number one when comes to who has the most gold. if you do not want to trade us your gold, well, being the holders of the most gold in the entire world, it is obvious that we will be forced to liberate countries from the terrorists who refuse our generous request to trade their gold for our tbonds and bitcoins. it makes sense because we are the worlds holder of the most gold.

 

it really is that simple guys. bitcoin is set to rule the world #blizzard2016

[Richy_T]

No, blocks shortly after the previous block will be coinbase only, distorting your metric, we will never see avg. 0.99MB with a 1MB limit.

Correct. In fact, between empty blocks and some miners mining with a soft limit of 750k and others with a soft limit of 250k, the current maximum average is around 90% full. (Or rather, an average of 90% of 1m means full would be a more correct way to state it).

[Richy_T]

Use first block inclusion fees.

Yeah, I was thinking that and maybe something else. Possibly max fee in mempool.

[AlexGR]

That's 4 cents / 0.04 USD for urgent first block inclusion, despite "full blocks" and 55+ mb of queued transactions. I asked "why" before but I didn't get an answer. Why don't we have "5$ fees" or "100$ fees"? Why is it just 4 cents?

4c is high.

High? Are you high? Compared to any other alternative (banks, visa, mc, paypal, western union, swift) it's the lowest you can get. Even an sms will cost me 0.12 euro and if I send it globally it might cost me half a euro.

And remember 4c-8c fees (depending the load) are for first block inclusion. If you want to move money in an hour or so, you can do it for 1-2c.

Plus the blockchain can be used for storage reasons by third parties - outside of the original specification and satoshi's intention.

At market rates of 10 satoshi per byte means you can add

1mb for 40$
10mb for 400$
100mb for 4.000$
1gb for 40.000$
10gb for 400.000$
100gb for 4mn $
1TB for 40mn $

Well, if I were the big banks, I'd pay my IT department to make BTC blockchain unusable. I have a multitrillion dollar industry, what's a few million to kill btc?

Let's pay some trolls down there too to cheer for their own destruction and spread division while we are at it.

[aztecminer]

PSA: If you haven't bought bitcoin @$220 (or below), the next best time to buy is now.

Sub $400 is the new MUST-BUY zone.

i'm not convinced.