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

[blunderer]

now you forkers can keep on buying your lattes with USD or whatever fiatshit currency you like.

ps: sry you cannot even buy them with paypal tho

Yeah, but you *can* buy your BTCeanies with one of the 400 other shitcoins.
Huzzah!

[Fatman3001]

If I wanted to ragequit I would have spent my Bitcoins to spam the network.

Thankfully I am unique and special.

[marcus_of_augustus]

A hard fork scheduled a year ahead is fine, it is how satoshi told Gavin to do it but he didn't listen and tried to rush it (for his own nefarious means it seems).

So ;

- from April we get SegWit roll-out, effectively 1.7-2.5MB extension space in blocks
- from July 2017 we get a hard fork to clean up code and up to 4 MB effective extension space
- plus Schnorr multi-sig schemes saving signature space
- plus more payment channel development and integration (Lightning or similar)
- plus fraud proofs to make secure SPV node validation
- plus pruning and UTXO set short-form validation schemes
- plus network sharding, thin-block, IBLT, etc research
- plus probably some sidechains projects come on-line
- plus better off-chain transaction processor third-party auditing (looking at CoinBase, Circle, BitPay and exchanges to become more provably-backed)
- plus innovations noone has seen just yet (e.g. 21.co, random-coder-dude in garage working on THE shit)

Bitcoin doesn't scale?? Get real.

[BlindMayorBitcorn]

If I wanted to ragequit I would have spent my Bitcoins to spam the network.

Thankfully I am unique and special.

[hdbuck]

now you forkers can keep on buying your lattes with USD or whatever fiatshit currency you like.

ps: sry you cannot even buy them with paypal tho

Yeah, but you *can* buy your BTCeanies with one of the 400 other shitcoins.
Huzzah!

whatever you are talking about

maybe you are stuck with this beanies thing because you actually did buy some?

[bakingbad]

its sad that the price has stopped growing, i hope that soon we will see the upwards tendencies once again

[Fatman3001]

its sad that the price has stopped growing, i hope that soon we will see the upwards tendencies once again

It turns out that the people who secure the Bitcoin network are very gullible. That might have something to do with it.

[ChartBuddy]

Coin



Explanation

[sAt0sHiFanClub]

[...]

First rule of contentious hardfork? Make the fucker CONTENTIOUS!!!


(then simply tell the retards that it's no longer contentious because it suits us)

[blunderer]

now you forkers can keep on buying your lattes with USD or whatever fiatshit currency you like.

ps: sry you cannot even buy them with paypal tho

Yeah, but you *can* buy your BTCeanies with one of the 400 other shitcoins.
Huzzah!

whatever you are talking about

maybe you are stuck with this beanies thing because you actually did buy some?

Just as with cryptos, buying & reselling BTCeanies to intrepid investors was quite a lucrative business for a few. Not me tho.
BTW, you do realize that BTCeanie traders are outraged when their [legitimate, clearnet] BTCeanie businesses are compared to your Pedo Pesos Darkcon  crimemarts, right?

*How many BTCeanie traders, do you suppose, decided that sending millions to Magic: The gathering "exchange" was a really smart idea? Or got duped out of millions by a degenerate gambler/wife-beater from TX?

[molecular]

A big chunk of that socioeconomic majority already sent Core a couple of polite letters suggesting they might want to think a little bit harder about compromise.

We do not want a war, but by God we will fight it if you give us no choice. 

It's changing a 1 to a 2 for Christ's sake. You wanna burn down the house over that?

It's about who has the power to hardfork, not about 1 or 2.

In the end you're correct. the "economic majority" has the ultimate say in what the rules are going to be. But there might be collateral damage in the form of a split. Noone wants that. So please, core devs, move over and make some room besides you, we don't want much, we just want to be sure we can have a hardfork, even against you, if we really want to. Also a little more room on the blockchain to welcome more users until there are "real" scaling solutions would be nice)

[BlindMayorBitcorn]

200,000 Gox coins incoming next. Everybody check yer bucket.



PS. I wonder if Jimbo made a claim for his lost 50? Jimbo?

[hdbuck]

[...]

First rule of contentious hardfork? Make the fucker CONTENTIOUS!!!


(then simply tell the retards that it's no longer contentious because it suits us)

lmao such sorrow..

[bakingbad]

the price is standing right now i hope no one will start dumping as it would surely not be a good thing to do after such a big price rise

[hdbuck]

A big chunk of that socioeconomic majority already sent Core a couple of polite letters suggesting they might want to think a little bit harder about compromise.

We do not want a war, but by God we will fight it if you give us no choice.  

It's changing a 1 to a 2 for Christ's sake. You wanna burn down the house over that?

It's about who has the power to hardfork, not about 1 or 2.

In the end you're correct. the "economic majority" has the ultimate say in what the rules are going to be. But there might be collateral damage in the form of a split. Noone wants that. So please, core devs, move over and make some room besides you, we don't want much, we just want to be sure we can have a hardfork, even against you, if we really want to. Also a little more room on the blockchain to welcome more users until there are "real" scaling solutions would be nice)

Thing is not even the core devs have the power to commit to a HF if it is contentious.
That is why they just can't plan for it and try at reach consensus, which has nothing to do with 75% miners agreeing upon.
This is bitcoin, but you are indeed always free to fork off.

ps: im no core dev fanboy btw, but i do appreciate their honesty in not pushing forward a HF they know would not reach consensus.

[molecular]

A hard fork scheduled a year ahead is fine, it is how satoshi told Gavin to do it but he didn't listen and tried to rush it (for his own nefarious means it seems).

So ;

- from April we get SegWit roll-out, effectively 1.7-2.5MB extension space in blocks
- from July 2017 we get a hard fork to clean up code and up to 4 MB effective extension space
- plus Schnorr multi-sig schemes saving signature space
- plus more payment channel development and integration (Lightning or similar)
- plus fraud proofs to make secure SPV node validation
- plus pruning and UTXO set short-form validation schemes
- plus network sharding, thin-block, IBLT, etc research
- plus probably some sidechains projects come on-line
- plus better off-chain transaction processor third-party auditing (looking at CoinBase, Circle, BitPay and exchanges to become more provably-backed)
- plus innovations noone has seen just yet (e.g. 21.co, random-coder-dude in garage working on THE shit)

Bitcoin doesn't scale?? Get real.

Do segwit as a hardfork as it should be done and I'm with you.

The change is uncontroversial, so we can safely hardfork, right? No need to keep old nodes unable to verify increasingly large chunks of transactions. These nodes should be forced to upgrade. I'd say 75%, 28 days is good. 1 Year is ridiculous. 95% also.

[BlindMayorBitcorn]

A hard fork scheduled a year ahead is fine, it is how satoshi told Gavin to do it but he didn't listen and tried to rush it (for his own nefarious means it seems).

So ;

- from April we get SegWit roll-out, effectively 1.7-2.5MB extension space in blocks
- from July 2017 we get a hard fork to clean up code and up to 4 MB effective extension space
- plus Schnorr multi-sig schemes saving signature space
- plus more payment channel development and integration (Lightning or similar)
- plus fraud proofs to make secure SPV node validation
- plus pruning and UTXO set short-form validation schemes
- plus network sharding, thin-block, IBLT, etc research
- plus probably some sidechains projects come on-line
- plus better off-chain transaction processor third-party auditing (looking at CoinBase, Circle, BitPay and exchanges to become more provably-backed)
- plus innovations noone has seen just yet (e.g. 21.co, random-coder-dude in garage working on THE shit)

Bitcoin doesn't scale?? Get real.

Do segwit as a hardfork as it should be done and I'm with you.

The change is uncontroversial, so we can safely hardfork, right? No need to keep old nodes unable to verify increasingly large chunks of transactions. These nodes should be forced to upgrade. I'd say 75%, 28 days is good. 1 Year is ridiculous. 95% also.

They're trying to reverse the drop in non-mining full nodes, not encourage it.

[molecular]

[...]

First rule of contentious hardfork? Make the fucker CONTENTIOUS!!!


(then simply tell the retards that it's no longer contentious because it suits us)

lmao such sorrow..

It makes me sad: you're not the hdbuck I once knew.

when have you changed, hdbuck, when have you changed.

[molecular]

the price is standing right now i hope no one will start dumping as it would surely not be a good thing to do after such a big price rise

If you're afraid of a dump. Go short and buy back lower.

[tomothy]

It could correct more but just as easily increase. Good time to take small profits /shrug. I don't like 2017 deadline because I don't trust core. If classic said 2017 deadline I would believe it and accept it. Sometimes you should shoot the deliverer of bad news?