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

[DieJohnny]

i think bitcoin has become the boring cryptocurrency, bored to death

[ChartBuddy]

Coin



Explanation

[peonminer]

CRYPTO IS DONE

[ChartBuddy]

Coin



Explanation

[Richy_T]

Antpool has two blocks over 900000 in the last hour so...

Also, priority hasn't been completely killed off yet.

Not sure what their game is then. There are a disproportionate number of blocks at the 750000 size and antpool is mining the majority of them. Perhaps they have different nodes set up different ways.

[iCEBREAKER]

Actually I expect that in such a scenario most exchanges will not have dual trading but will rather use an event like that as an opportunity to confiscate BTCs as their own and replace them with BTCCs. Especially if they have political reasons of siding with BTCC. So you either find a reliable dual exchange that has both BTC and BTCC (which may be hard to find or even DDOSed), or you move with alts as a vehicle of +1 step.

Let's hope we never find out.

I hope we do find out.

More adversity benefits Bitcoin's antifragility.  Or Bitcoin dies and we relaunch the experiment starting at square one.

I can't wait to hear the howls of protest as Coinbase, Circle, and the other Toominista exchanges confiscate everyone's Bitcoins, then replace them with ToominCoins.

The price of BTC will skyrocket, as anyone idiotic and unprepared enough to lose and/or ruin their genuine coins with Toomin-taint will have to replace them.

Such a 'teachable moment' will have a salubrious clarifying effect on the Bitcoin ecosystem, and we won't have to hear whining about Sensor Ships for at least another 6 months.  

[iCEBREAKER]

every day without an inch of movement from Blockstream, increases the possibility. The fact that they start bringing up PoW changes when backed into a corner gives even more weight to the idea that they would rather go to war than compromise to 2MB.

Blockstream is moving rapidly on segwit, sidechains, and Lightning.  They are meticulously preparing Bitcoin to be carefully scaled ASAP.

Classic, OTOH, is spreading '2MB? Not much testing needed' nonsense.

And yes, we will "go to war" to defend Bitcoin's diverse/diffuse/defensible/resilient characteristics, from which its key interesting property of antifragility emerges.

Whine about it all you want.  Nothing you do can move our Honey Badger's needle one iota.  You have no power here.

[Patel]

every day without an inch of movement from Blockstream, increases the possibility. The fact that they start bringing up PoW changes when backed into a corner gives even more weight to the idea that they would rather go to war than compromise to 2MB.

Blockstream is moving rapidly on segwit, sidechains, and Lightning.  They are meticulously preparing Bitcoin to be carefully scaled ASAP.

Classic, OTOH, is spreading '2MB? Not much testing needed' nonsense.

And yes, we will "go to war" to defend Bitcoin's diverse/diffuse/defensible/resilient characteristics, from which its key interesting property of antifragility emerges.

Whine about it all you want.  Nothing you do can move our Honey Badger's needle one iota.  You have no power here.

Damn right.

[ChartBuddy]

Coin



Explanation

[Fatman3001]

every day without an inch of movement from Blockstream, increases the possibility. The fact that they start bringing up PoW changes when backed into a corner gives even more weight to the idea that they would rather go to war than compromise to 2MB.

Blockstream is moving rapidly on segwit, sidechains, and Lightning.  They are meticulously preparing Bitcoin to be carefully scaled ASAP.

Classic, OTOH, is spreading '2MB? Not much testing needed' nonsense.

And yes, we will "go to war" to defend Bitcoin's diverse/diffuse/defensible/resilient characteristics, from which its key interesting property of antifragility emerges.

Whine about it all you want.  Nothing you do can move our Honey Badger's needle one iota.  You have no power here.

You're the one whining. We're winning.

[ChartBuddy]

Coin



Explanation

[QuestionAuthority]

Is ChartBuddy actually tied to anything? I don't think the numbers have moved in 20 pages.

[edgar]

winning at being #faggots...

[suda123]

winning at being #faggots...

lol

[hdbuck]

every day without an inch of movement from Blockstream, increases the possibility. The fact that they start bringing up PoW changes when backed into a corner gives even more weight to the idea that they would rather go to war than compromise to 2MB.

Blockstream is moving rapidly on segwit, sidechains, and Lightning.  They are meticulously preparing Bitcoin to be carefully scaled ASAP.

Classic, OTOH, is spreading '2MB? Not much testing needed' nonsense.

And yes, we will "go to war" to defend Bitcoin's diverse/diffuse/defensible/resilient characteristics, from which its key interesting property of antifragility emerges.

Whine about it all you want.  Nothing you do can move our Honey Badger's needle one iota.  You have no power here.

I still have doubts regarding sidechains security:
https://www.reddit.com/r/Bitcoin/comments/3vg06a/official_release_rootstock_white_paper/cxnfe6n

As for the segwit thing, I am still quite opposed to the excision of cryptographic signatures from the holy ledger (also implying the introduction of 3rd trusted parties)..

WHat you think?

[majamalu]

every day without an inch of movement from Blockstream, increases the possibility. The fact that they start bringing up PoW changes when backed into a corner gives even more weight to the idea that they would rather go to war than compromise to 2MB.

Blockstream is moving rapidly on segwit, sidechains, and Lightning.  They are meticulously preparing Bitcoin to be carefully scaled ASAP.

Classic, OTOH, is spreading '2MB? Not much testing needed' nonsense.

And yes, we will "go to war" to defend Bitcoin's diverse/diffuse/defensible/resilient characteristics, from which its key interesting property of antifragility emerges.

Whine about it all you want.  Nothing you do can move our Honey Badger's needle one iota.  You have no power here.

I still have doubts regarding sidechains security:
https://www.reddit.com/r/Bitcoin/comments/3vg06a/official_release_rootstock_white_paper/cxnfe6n

As for the segwit thing, I am still quite opposed to the excision of cryptographic signatures from the holy ledger (also implying the introduction of 3rd trusted parties)..

WHat you think?

If he was able to think, he would not be the good old iCE.

Classic is coming, like it or not. The alternative is to go down with a ship full of corecoins or popescucoins.

[ChartBuddy]

Coin



Explanation

[hdbuck]

every day without an inch of movement from Blockstream, increases the possibility. The fact that they start bringing up PoW changes when backed into a corner gives even more weight to the idea that they would rather go to war than compromise to 2MB.

Blockstream is moving rapidly on segwit, sidechains, and Lightning.  They are meticulously preparing Bitcoin to be carefully scaled ASAP.

Classic, OTOH, is spreading '2MB? Not much testing needed' nonsense.

And yes, we will "go to war" to defend Bitcoin's diverse/diffuse/defensible/resilient characteristics, from which its key interesting property of antifragility emerges.

Whine about it all you want.  Nothing you do can move our Honey Badger's needle one iota.  You have no power here.

I still have doubts regarding sidechains security:
https://www.reddit.com/r/Bitcoin/comments/3vg06a/official_release_rootstock_white_paper/cxnfe6n

As for the segwit thing, I am still quite opposed to the excision of cryptographic signatures from the holy ledger (also implying the introduction of 3rd trusted parties)..

WHat you think?

If he was able to think, he would not be the good old iCE.

Classic is coming, like it or not. The alternative is to go down with a ship full of corecoins or popescucoins.

As you clearly you lost any ability to think, it would still be appreciated that you mind your manners and do not answer a question that is not being asked to you.

[iCEBREAKER]

every day without an inch of movement from Blockstream, increases the possibility. The fact that they start bringing up PoW changes when backed into a corner gives even more weight to the idea that they would rather go to war than compromise to 2MB.

Blockstream is moving rapidly on segwit, sidechains, and Lightning.  They are meticulously preparing Bitcoin to be carefully scaled ASAP.

Classic, OTOH, is spreading '2MB? Not much testing needed' nonsense.

And yes, we will "go to war" to defend Bitcoin's diverse/diffuse/defensible/resilient characteristics, from which its key interesting property of antifragility emerges.

Whine about it all you want.  Nothing you do can move our Honey Badger's needle one iota.  You have no power here.

I still have doubts regarding sidechains security:
https://www.reddit.com/r/Bitcoin/comments/3vg06a/official_release_rootstock_white_paper/cxnfe6n

As for the segwit thing, I am still quite opposed to the excision of cryptographic signatures from the holy ledger (also implying the introduction of 3rd trusted parties)..

WHat you think?

Sigs aren't being excised from the Holy Ledger, merely segregated from tx.

That makes the Holy Leger more secure by patching up some outstanding maintenance issues.  The tps bump is just a nice side effect.

I trust the BIP process will work out any bugs with segwit and sidechains.  So far, so good.   

[smooth]

As for the segwit thing, I am still quite opposed to the excision of cryptographic signatures from the holy ledger (also implying the introduction of 3rd trusted parties)..

It does no such thing. Every node that receives a block will receive the segwit data as well, with the exception (eventually) of new pruned nodes that are syncing below a checkpoint and would ignore the signatures anyway. The segwit data is referenced by a hash committed to the block and can't be changed, making it part of the ledger for all practical purposes.