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

[ChartBuddy]

Coin



Explanation

[Dotto]

The $7/tx subsidy only illustrates how ridiculous the coffees-on-the-blockchain idea is, and how critical it is that BTC become high-powered money rather than yet another retail payment rail.

Those four tps are the most precious rare things in existence.  The ability to store and/or transfer value quickly, securely, and without permission is unprecedented.  A gigawatt is a small price to pay for the provision of such a modern miracle.

It's adorable you think Honey Badger cares about ignorant Gavinista fuckwit ramblings and desires for a contentious hard fork and governance coup.

Please take your Negative Nancy 'zomg Bitcoin is GOING TO DIEEEEE WITHOUT 2MB RIGHT MEOW' bullshit over to BitcoinObituaries.com.

Posts like this give reminds me we have (some) intelligent people left on the forum. Thank you

Posts like this give reminds me why we have vastly fewer intelligent people left on the this forum.

The one island of intelligence, the old gold thread, was committed to the memory hole for grievous thought crimes… for your protection. Let's admit it, they just didn't jive with a forum filled with sig ad penny farmers, boot lickers, and budding central planners.

~The technical consens-o-tron begins to emit a soothing glow, its speaker crackles with static before a voice begins to come through…~

Grok.

Grok.

User, miner, business… have you begun to Grok the Ethos?
Things are desirable because they are expensive.
Central control is censorship resistance.
Meritorious Monarchy
Dissenting opinions are a sign of disloyalty and fragility.
1MB is a holy number. Changing it = Changing 21 million coins
Segwit is not a change, your node won't even know it happened.
Soft Fork = Safe Fork
Do you want loss of funds?
Do you Cypherpunk?
Do you write Code? [To have it promptly ignored/broken by Wizards]
Do you central plan?
Conflict of Interest is only a conflict if you won't shut up about it.
Stagnation = Growth
Competition is a Sin.
Altcoins do not exist.
Techno Experts are expert.
The price is rising, and will continue to rise as we ascend to the Moon at 2.7 tps.
Hub and Spoke [Peer 2 Peer]
Vaporware is Complete, and is already accepted by the market.
Have you REKT a Gavin today?

Trust Everyone™

~message repeats~

Love this post. Best of the year. Neospeak on his finest.

[hdbuck]

The one island of intelligence, the old gold thread, was committed to the memory hole for grievous thought crimes… for your protection.

So i see.. you in love with cypherdoc scammer? Having weird dreams involving peter r and one of his big black gif?

FFS you are so lost. Trusting these people.

Luckily you and you protectors can go suck up on your mediocrity on some unsensored ships paradise.

[coins101]

First green shoots on the 30min chart. We're going higher.

[adamstgBit]

First green shoots on the 30min chart. We're going higher.

32,000?

[adamstgBit]

http://www.ibtimes.com/jp-morgan-chase-blockchain-trial-bitcoin-server-could-streamline-loans-settlements-2287500

lol

[hdbuck]

http://www.ibtimes.com/jp-morgan-chase-blockchain-trial-bitcoin-server-could-streamline-loans-settlements-2287500

lol

Even the banksters gets it that bitcoin is settlement layer, not freeshit transactions VISA competitor.

[billyjoeallen]

I don't know about y'all, but I can sleep comfortably knowing that the value of my assets depends on the sophisticated economic and technical knowledge of third world pyramid schemers. 

[nomnomnom]

decentralization above everything blabla

This.

 

I agree decentralization is very important and we shall not lose it, but it is also a very subjective and hard to measure thing.
We have to find the sweet spot that makes most sense:
http://www.coindesk.com/how-to-save-bitcoins-node-network-from-centralization/

[coins101]

The spike in difficulty over the last 30 days has also dropped the orphan rates. Now blocks are filling up on a regular basis, it seems. This all points to a hard fork to increase blocks and introduce segwit. We should be heading for a peace deal and a more stable uplift in prices going into Feb and March.

[hdbuck]

decentralization above everything blabla

This.

 

I agree decentralization is very important and we shall not lose it, but it is also a very subjective and hard to measure thing.
We have to find the sweet spot that makes most sense:
http://www.coindesk.com/how-to-save-bitcoins-node-network-from-centralization/

It is not decentralization that is above all. It is security.

Combined with cryptography, decentralization is just a mean to an end.

[marcus_of_augustus]

I don't know about y'all, but I can sleep comfortably knowing that the value of my assets depends on the sophisticated economic and technical knowledge of third world pyramid schemers. 

... the slippery pig rider goes all in on hillybilly bucks.

[conspirosphere.tk]

The problem is from miners, they dont accept it, and the miners control bitcoin...

Add to your "problem" what node-runners want:

Bitcoin Nodes (Core, XT, Unlimited, Classic) https://coin.dance/nodes/share 

[Tzupy]

First green shoots on the 30min chart. We're going higher.

Please go higher, I am counting on a little pump to open a new short.

[BlindMayorBitcorn]

I get confirmations up the arse whenever the blockchain permits me to interact with it. I guess I'm some kind of special snowflake but I always knew that anyway.

More than 6 and you're playing with it.

[CuntChocula]

The problem is from miners, they dont accept it, and the miners control bitcoin...

Add to your "problem" what node-runners want:

Bitcoin Nodes (Core, XT, Unlimited, Classic) https://coin.dance/nodes/share  
[img ]https://pbs.twimg.com/media/CaDCBArWQAAIRJh.png[/img]

And yet there are still those who think node count matters...

...Please go higher, I am counting on a little pump to open a new short.

Playing a dangerous game.
Rocket pile-driver for sub-basement leaving with or without you, don't get left behind.

[ChartBuddy]

Coin



Explanation

[billyjoeallen]

I don't know about y'all, but I can sleep comfortably knowing that the value of my assets depends on the sophisticated economic and technical knowledge of third world pyramid schemers. 

... the slippery pig rider goes all in on hillybilly bucks.

Certain people are ignorant of the topology of the Louisiana swamp. There are no hills. Not even little ones.

[BlindMayorBitcorn]

I don't know about y'all, but I can sleep comfortably knowing that the value of my assets depends on the sophisticated economic and technical knowledge of third world pyramid schemers. 

... the slippery pig rider goes all in on hillybilly bucks.

Certain people are ignorant of the topology of the Louisiana swamp. There are no hills. Not even little ones.

Keepin' the soul alive since 1970.

Gator Bait

[Richy_T]

[angry stuff goes here...]

Feeling a little strange inside/
A little Dr. Jekyll/
A little Mr. Hyde

Its all just a shadow play

As I was going to St Ives
I met a man with seven wives
Each wife had seven sacks
Each sack had seven cats
Each cat had seven kits

Kits, cats, sacks, and wives,
How much did he have to pay
to make sure his transaction
was included in the next block?