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

[Gyrsur]

CONSENSUS

[billyjoeallen]

Let's see what the status of the apparatus is:

Mining is concentrated in a country known to nationalize businesses, be hostile towards Bitcoin and to manipulate currency.

Blocks are full and getting more fullerer.

Core is divided on scaling solutions, but won't do anything without near unanimity.

Etherium is threatening to overtake our firstmover advantage.

MtGox bankruptcy coins are going on the auction block probably in a few months.

Classic growth seems to have slowed or stopped.

So of course the market is going up.  Makes sense.

[Gyrsur]

Let's see what the status of the apparatus is:

Mining is concentrated in a country known to nationalize businesses, be hostile towards Bitcoin and to manipulate currency.

Blocks are full and getting more fullerer.

Core is divided on scaling solutions, but won't do anything without near unanimity.

Etherium is threatening to overtake our firstmover advantage.

MtGox bankruptcy coins are going on the auction block probably in a few months.

Classic growth seems to have slowed or stopped.

So of course the market is going up.  Makes sense.

at least satoshi is not selling! 

[USB-S]

Let's see what the status of the apparatus is:

Mining is concentrated in a country known to nationalize businesses, be hostile towards Bitcoin and to manipulate currency.

Blocks are full and getting more fullerer.

Core is divided on scaling solutions, but won't do anything without near unanimity.

Etherium is threatening to overtake our firstmover advantage.

MtGox bankruptcy coins are going on the auction block probably in a few months.

Classic growth seems to have slowed or stopped.

So of course the market is going up.  Makes sense.

at least satoshi is not selling!  

Don't jinx it!

[adamstgBit]

SATOSHI ROUNDTABLE II – PRIVATE BLOCKCHAIN RETREAT
Feb 26-28, 2016

you think they will let me come to this thing
i am after all the CEO of bitcoin's cheerleading department, am i not?
 

[harrymmmm]

SATOSHI ROUNDTABLE II – PRIVATE BLOCKCHAIN RETREAT
Feb 26-28, 2016

you think they will let me come to this thing
i am after all the CEO of bitcoin's cheerleading department, am i not?
 

I'm starting to think you're not as crazy bipolar as i was recently thinking after i originally thought you were ok.

But lay off the evil stuff, ok?
POEple - facebook.com
POEple. 64 likes. Denizens of the deceased online communities of Portal of Evil and POEnews, and the still (Nov 2014 anyway) POEtv. Possibly to include...

[JayJuanGee]

SATOSHI ROUNDTABLE II – PRIVATE BLOCKCHAIN RETREAT
Feb 26-28, 2016

you think they will let me come to this thing
i am after all the CEO of bitcoin's cheerleading department, am i not?
 

I think that your recent cheerleading record (probably the past few months) has devolved into a bit of mixed outcomes....and accordingly even cheerleading that is a bit less than inspiring...

On the other hand, you happen to be CEO and inspiration of one the longest and most active threads in the whole fucking world... so that must be worth something... , no?

[billyjoeallen]

I have another question for smallblockers: Won't higher fees make it harder to mix coins and remain anonymous?

[ChartBuddy]

Coin



Explanation

[Cconvert2G36]

I have another question for smallblockers: Won't higher fees make it harder to mix coins and remain anonymous?

You think smallblockers spend their high powered central bank settlement monies?

Bitcoin is to have, to HODL.

[adamstgBit]

I have another question for smallblockers: Won't higher fees make it harder to mix coins and remain anonymous?

LN will be so confusing its like the mixing service was built in.

[billyjoeallen]

I have another question for smallblockers: Won't higher fees make it harder to mix coins and remain anonymous?

LN will be so confusing its like the mixing service was built in.

I think it's possible we're gonna need something like the lightning network eventually, but instead of a hardfork that would buy them more time to build it, they want small blocks so we have the incentive to build it. This is crazy. This is like robbing someone so they have the incentive to be more careful in the future, and trying to justify it as being in the victim's best interest.

[adamstgBit]

it would be gr8 if LN was here already and the tutorial to use it was literally

1)open client
2)send XBTC to joblow@msn.com


but i don't see it ever boiling down to that

payment channels
28 day lock times
broadcast "R" if peter todd  is being gay

its never going to work.

[bargainbin]

it would be gr8 if LN was here already and the tutorial to use it was literally

1)open client
2)send XBTC to joblow@msn.com
3)
  

@Billy Joe: Don't worry about mixers. Now we have pathetic parasites laundering pittances -- petty pocket change, because virtually free. Come the huge fee revolution, we'll have respectable drug cartels cuing up to launder gobs of BTC!
Gonna be huge...

[adamstgBit]

I have another question for smallblockers: Won't higher fees make it harder to mix coins and remain anonymous?

LN will be so confusing its like the mixing service was built in.

I think it's possible we're gonna need something like the lightning network eventually, but instead of a hardfork that would buy them more time to build it, they want small blocks so we have the incentive to build it. This is crazy. This is like robbing someone so they have the incentive to be more careful in the future, and trying to justify it as being in the victim's best interest.

if i was bitcoins CEO
I'd sell all of you a "second layer solution"
but the second layer would be centralized.

[bargainbin]

I have another question for smallblockers: Won't higher fees make it harder to mix coins and remain anonymous?

LN will be so confusing its like the mixing service was built in.

I think it's possible we're gonna need something like the lightning network eventually, but instead of a hardfork that would buy them more time to build it, they want small blocks so we have the incentive to build it. This is crazy. This is like robbing someone so they have the incentive to be more careful in the future, and trying to justify it as being in the victim's best interest.

if i was bitcoins CEO
I'd sell all of you a "second layer solution"
but the second layer would be centralized.

How about we use a sidechain for daily transactions, with exchanges acting as gateways. We can call the sidechain something like SpendingCoin, or... USD?

[adamstgBit]

I have another question for smallblockers: Won't higher fees make it harder to mix coins and remain anonymous?

LN will be so confusing its like the mixing service was built in.

I think it's possible we're gonna need something like the lightning network eventually, but instead of a hardfork that would buy them more time to build it, they want small blocks so we have the incentive to build it. This is crazy. This is like robbing someone so they have the incentive to be more careful in the future, and trying to justify it as being in the victim's best interest.

if i was bitcoins CEO
I'd sell all of you a "second layer solution"
but the second layer would be centralized.

How about we use a sidechain for daily transactions, with exchanges acting as gateways. We can call the sidechain something like SpendingCoin, or... USD?

if i was bitcoins CEO

i'd tell you

i dont give a fuck how you do the second layer as long as its super simple to use, truly instant and free.

[Cconvert2G36]

if i was bitcoins CEO
I'd sell all of you a "second layer solution"
but the second layer would be centralized.

LN naturally gravitates to the hub and spoke model due to economic and convenience incentives...

tl;dr

You're late, highly technical minds beat you to the punch.

[bargainbin]

...
if i was bitcoins CEO

i'd tell you

i dont give a fuck how you do the second layer

Yes you would, and that's how your company would go under. Because people will give as much of a f8ck about what their USD "sidechain" is backed with as they do about their current USD.

[becoin]

Big blocktards troll fest round the clock... Who's paying?