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

[hdbuck]

let's make things clear, bitcoin's segwit, even as a soft-fork, is absolutely *not* backwards compatible

Partially true, but misleading.

Once 95% is reached , any nodes not upgrading will still be able to use bitcoin on their outdated implementations/wallets , but will no longer validate the new segwit signatures which they already would not create themselves or have paid to them, or pay attention to until confirmed.
So essentially those that choose not to upgrade to segwit, validation will remain the same with old tx's , they just cannot validate segwit tx's which they can accept but won't verify until confirmed.

1/ "Once 95% is reached" arf arf arf you go first.
2/ Validation? like in accepting segwitted transactions? hoohohohoho..

[BlindMayorBitcorn]

5 million in asks on buttstamp to 450

 

If this thing doesn’t crash down under 300 in the next 28 days I’ll eat a shoe.

[rekinthis]

i cant wait for a price increase, when will it happen??

[BitUsher]

1/ "Once 95% is reached" arf arf arf you go first.
2/ Validation? like in accepting segwitted transactions? hoohohohoho..

I will gladly upgrade and you can stay on your old implementation and pay a higher fee than me , thus it is backwards compatible.... but be advised to wait for confirmations on segwit tx's as your old wallet will have degraded security with regards to those tx's.

Will you be creating an implementation to reject segwit tx that are even confirmed?

[mb300sd]

5 million in asks on buttstamp to 450

 

If this thing doesn’t crash down under 300 in the next 28 days I’ll eat a shoe.

Quoted for posterity. I will donate my shoes from Mardi Gras.

[barbs]

Namase

[BlindMayorBitcorn]

5 million in asks on buttstamp to 450

 

If this thing doesn’t crash down under 300 in the next 28 days I’ll eat a shoe.

Quoted for posterity. I will donate my shoes from Mardi Gras.

Fat Tuesday has its own shoes?

[BitUsher]

Fat Tuesday has its own shoes?

Have you ever been to Mardi Gras? The streets are absolutely disgusting and filled with piss, vomit, and shit. I would suggest you decline any shoes from Mardi Gras. I look forward to watching the video of your meal... may a suggest a Chianti as well?

[hdbuck]

1/ "Once 95% is reached" arf arf arf you go first.
2/ Validation? like in accepting segwitted transactions? hoohohohoho..

I will gladly upgrade and you can stay on your old implementation and pay a higher fee than me , thus it is backwards compatible.... but be advised to wait for confirmations on segwit tx's as your old wallet will have degraded security with regards to those tx's.

Will you be creating an implementation to reject segwit tx that are even confirmed?

Who said anything about confirmation or fees?
Obviously people not upgrading would not want their coin transvestites by whatever some random dev manages to push down the Protocol's throat.

You know mined coins have a higher value than what the shady - for 'teh mass' - exchanges might offer?
Honeybadger, never sleeps. At some point, unused or unforked coins will worth much more, just the same as gold's 'purity' carats.
Except not backward compatible.

[pearnapple]

the price is very stable, stability is good i guess in the bitcoin world, as it attracts more people to bitcoin i think

[gizmoh]

Bitcoin is on the verge of splitting in two

http://www.theverge.com/2016/2/9/10946072/bitcoin-core-classic-software-block-size-debate

Bitcoin is in the midst of a civil war.

[BlindMayorBitcorn]

Fat Tuesday has its own shoes?

Have you ever been to Mardi Gras? The streets are absolutely disgusting and filled with piss, vomit, and shit. I would suggest you decline any shoes from Mardi Gras. I look forward to watching the video of your meal... may a suggest a Chianti as well?

Sounds like a classy party.

I choose the shoe.

[BitUsher]

Who said anything about confirmation or fees?
Obviously people not upgrading would not want their coin transvestites by whatever some random dev manages to push down the Protocol's throat.

You know mined coins have a higher value than what the shady - for 'teh mass' - exchanges might offer?
Honeybadger, never sleeps. At some point, unused or unforked coins will worth much more, just the same as gold's 'purity' carats.
Except not backward compatible.

Wow , you are just as ignorant about segwit as many classic supporters.

How do you intend to keep you un-tainted coins from accepting coins segwit free?
Are you going to create a new implementation to explicitly deny coins delivered via segwit thus hardforking yourself into an alt?
Or are you going to do your best to convince the miners to not adopt segwit?

Sounds like a classy party.

I choose the shoe.

Carnival and the jazz fest are much better. Mardi Gras is more for alchoholics and immature boys who are impressed by a set of tits.

[JayJuanGee]

price is up a bit, Max leverage short now?

Look at you?


Attempting reverse psychology!!!!




 


 

[ChartBuddy]

Coin



Explanation

[JayJuanGee]

price is up a bit, Max leverage short now?

Whoops, I'm max leverage long!

Would you be kind enough to tell me on which plateforme are you trading long/short?
Cause i'm looking for a new plateforme!

finex and poloniex

Thanks sir.
Gonna see what they're looking. I'm a bit tired of Kraken.

Out of those three exchanges:

Finex,

Poloniex

Kraken


Isn't Kraken the most secure and responsible with customer funds?    There's gotta be a certain value with exchange reputation and whether there is a possibility that the exchange will go under or run off with your funds?

Also, I don't mind putting some money on exchanges in order to potentially trade and/or to profit from such trades, but likely we have to be careful with the percentage of our funds that we are putting on potentially riskier exchanges, no?

[bargainbin]

Bitcoin is on the verge of splitting in two

http://www.theverge.com/2016/2/9/10946072/bitcoin-core-classic-software-block-size-debate

Bitcoin is in the midst of a civil war.

...
I choose the shoe.

War ain't nothing but an icebreaker

[BlindMayorBitcorn]

 

[JayJuanGee]

Unfortunately classic is not quite dead yet.

When it is and the threat of chaotic, contentious and unnecessary (segwit is superior) hard fork is over, we can all look forward to a massive price increase (like move from 230->450 after xt collapse) and bitcoin moving forward.

These bombing runs from Gavin and coinbase are getting tiring.

I doubt they will be able to centralise bitcoin development under their control.

Why unfortunately? Isn't it always good to have different possibilities? you never know what might happen

I personnally support all the coins! Classic, Core, Litecoin...

It's precisely because Bitcoin Classic isn't an alt they all go mental.

No its because I want bitcoin development lead by people who:

 value decetralisation, provide features like confidential transactions etc.

as opposed to people who:

visit cia, join organisations that want to work with government to police bitcoin, float ideas like blacklists of transactions, and do not care about ordinary node users etc.


I don't want bitcoin to be crippled by these people into paypal 2.0 (except slower)

are u saying u want gavin and coinbase out ?? ... i am trying to interpret what u mean . u do not like the "blockchain blacklists" because of what reasons again ?? from what i gather from what u said, u don't like "blockchain blacklisters" or "cripplecoiners" .. that sounds like a real problem ... can u look outside your window ?? are the blacked out SUV's parked outside yet their might be a drone too watching you what you say about gavin and coinbase .

You are acting retarded, Mr. Aztec.   You are trying to act as if you don't realize that you are asking stupid ass question, and really these are a kind of trolling disingenuous search for responses.


Accordingly:

>>>>>>are u saying u want gavin and coinbase out ??<<<<<

these are pushers for increasing the blocksize and threatening hardforks to achieve these goals


>>>>>.. i am trying to interpret what u mean . u do not like the "blockchain blacklists" because of what reasons again ?? from what i gather from what u said, u don't like "blockchain blacklisters" or "cripplecoiners" .. that sounds like a real problem .<<<<<

Not too many people really like the idea of blacklists because that would inevitably take away from fungibility, and ultimately remove most value from bitcoin.


>>>can u look outside your window ?? are the blacked out SUV's parked outside yet their might be a drone too watching you what you say about gavin and coinbase .<<<<<

People do not need to be paranoid or conspiratorial in order to arrive at the conclusions that there may be nefarious forces that are pushing these various kinds of measures to make bitcoin more trackable and to keep bitcoin under wraps in significant ways and even to imply certain threats of monitoring to individuals who are using bitcoin (maybe to attempt to deter them from currently illegal acts?)
 

[iCEBREAKER]

people not upgrading would not want their coin transvestites by whatever some random dev manages to push down the Protocol's throat.

"Some random dev" doesn't have commit access, just to name the first problem with your false characterization that comes to mind.

"Some random dev" isn't an accurate way to describe the widespread, albeit not universal nor harmonious, consensus behind segwit.

Do you have a better plan to fix tx malleability and accrue the other benefits segwit brings to the table?

Besides the excruciatingly nuanced 'better as a hard fork' critique, I've yet to hear a good reason to eschew segwit, much less a plausible way to prevent other people from using that soft fork.  Ranting about transvestites and vague threats involving gold purity metaphors won't cut it.

You know you can't force unwilling miners to keep tx and sigs desegregated (and malleable), right?