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

[Adrian-x]

guess what, the leaders of the free-shit army are govvy shills, no surprises there.

bitcoin takes away their free money fiat racket, of course they are here shilling to try and ruin something good people are creating to starve them out

Unfortunately, these damned shills have seemingly endless resources.

Is there any way to stop them?

if you could just push bitcoin to about $7000, I'll dump my load sell out and shut the fuck up.

[inca]

guess what, the leaders of the free-shit army are govvy shills, no surprises there.

bitcoin takes away their free money fiat racket, of course they are here shilling to try and ruin something good people are creating to starve them out

When did you sell your account?

[marcus_of_augustus]

guess what, the leaders of the free-shit army are govvy shills, no surprises there.

bitcoin takes away their free money fiat racket, of course they are here shilling to try and ruin something good people are creating to starve them out

Unfortunately, these damned shills have seemingly endless resources.

Is there any way to stop them?

burn their fiat coupon food stamps?

http://www.zerohedge.com/news/2016-02-23/truman-show-usa-concerned-citizens-townhall-meetings-exposed-paid-actors

A company known as Crowds on Demand is actually in the business of providing fake protesters for causes, fake entourages for wanna be celebrities and seemingly even fake supporters for unpopular corporate activities.

[marcus_of_augustus]

More BS:

" Thankfully we at Blockstream are given the freedom to speak and act as individuals on this matter. Even Adam is attending as an individual, his signature not carrying the weight of representing Blockstream in this instance.
I cautioned against going and was not in the room (I feel this meeting was antithetical to Bitcoin and no good outcomes were likely) so I only know second hand like you what was or was not said. But regarding the "consensus" document that was posted on medium, no I am not on board with that outcome."~ maaku7

https://www.reddit.com/r/Bitcoin/comments/46po4l/we_have_consensus_in_april_we_get_sw_3_months/d07gqic

i guess the whole "blockstream conspiracy" is shown to be the total bull it always was ...

it's not a conspiracy its a conflict of interest. BS are designing systems that benefit from limited block size, they are now implementing feature in Core to achieve this goal.

ok, so you've dialed back on the "conspiracy" and doubled-down on "conflict of interest" ... now would it blow your mind too much if the "conflict of interest" was a misinterpretation of the fact that blockstream founders understood the technical limits of bitcoin before anyone else and decided to build a company knowing they had to build within those limitations?

and chumps like Brian Armstrong never understood the tech too deeply but knew he wanted to make mega-bucks and would do whatever it took?

[marcus_of_augustus]

LOL, just withdrew some BTC from an exchange, they are paying 0.00015936 XBT = $0.0924195 CAD per tx. just got 2 confirmations in like 2 minus.
Blocks are only full if your are not paying almost $0.10 per transaction.

and so it begins - to quote rocks

The goal is to slowly introduce a fee market. First slowly knock out very low value transactions, then add SFSW to slightly increase capacity. Then knock out moderately low value transactions, then add 2017 2MB HF to slightly increase capacity.

They will increase capacity, but at a very slow rate that falls behind usage growth. The effect will be a slow introduction of a fee market that removes more and more use cases for Bitcoin.

There is a limit to how slow Bitcoin can grow just like there is a limit to how slow an airplane can fly before it falls out of the sky. I don't know what that limit is, but somebody apparently wants to find out.

good test pilots know that one of the first things to do when type converting to a new aircraft is handling familiarisation which should include taking it into a stall, side-slips, perhaps an incipient spin ... you need to test the limits before you really know the system behaviour thoroughly enough (at the limits) before you take it up for a real bashing in turbulence with paying passengers on board

hey, Chuck Yeager, their are already paying passengers on board.  We are refugees. We know you warned us that your plane was still untested, but many of us didn't really have a choice.  

buckle up then fly-boy, this is going to get rough ... we told you it was still a beta (experimental) project ... fancy going for some tail-spins?

[marcus_of_augustus]

guess what, the leaders of the free-shit army are govvy shills, no surprises there.

bitcoin takes away their free money fiat racket, of course they are here shilling to try and ruin something good people are creating to starve them out

When did you sell your account?

I haven't yet, want to make an offer?

[600watt]

guess what, the leaders of the free-shit army are govvy shills, no surprises there.

bitcoin takes away their free money fiat racket, of course they are here shilling to try and ruin something good people are creating to starve them out

Unfortunately, these damned shills have seemingly endless resources.

Is there any way to stop them?

if you could just push bitcoin to about $7000, I'll dump my load sell out and shut the fuck up.

i kinda like the figure you are mentioning.

[marcus_of_augustus]

guess what, the leaders of the free-shit army are govvy shills, no surprises there.

bitcoin takes away their free money fiat racket, of course they are here shilling to try and ruin something good people are creating to starve them out

Unfortunately, these damned shills have seemingly endless resources.

Is there any way to stop them?

if you could just push bitcoin to about $7000, I'll dump my load sell out and shut the fuck up.

dream on, you are too greedy so when it's get to $7k you'll hold out for $10,000 and then be stuck in two minds, so you'll only sell half and when it gets to $15k and rising fast you'll buy back in trying to dump your hot fiat, only to lose money when it corrects back to $5600

[billyjoeallen]

LOL, just withdrew some BTC from an exchange, they are paying 0.00015936 XBT = $0.0924195 CAD per tx. just got 2 confirmations in like 2 minus.
Blocks are only full if your are not paying almost $0.10 per transaction.

and so it begins - to quote rocks

The goal is to slowly introduce a fee market. First slowly knock out very low value transactions, then add SFSW to slightly increase capacity. Then knock out moderately low value transactions, then add 2017 2MB HF to slightly increase capacity.

They will increase capacity, but at a very slow rate that falls behind usage growth. The effect will be a slow introduction of a fee market that removes more and more use cases for Bitcoin.

There is a limit to how slow Bitcoin can grow just like there is a limit to how slow an airplane can fly before it falls out of the sky. I don't know what that limit is, but somebody apparently wants to find out.

good test pilots know that one of the first things to do when type converting to a new aircraft is handling familiarisation which should include taking it into a stall, side-slips, perhaps an incipient spin ... you need to test the limits before you really know the system behaviour thoroughly enough (at the limits) before you take it up for a real bashing in turbulence with paying passengers on board

hey, Chuck Yeager, their are already paying passengers on board.  We are refugees. We know you warned us that your plane was still untested, but many of us didn't really have a choice.  

buckle up then fly-boy, this is going to get rough ... we told you it was still a beta (experimental) project ... fancy going for some tail-spins?

Yeah, no. I'm looking around at the seats, The tray-tables, the safety belts, even the main engines and landing gear- everything says "made in China".

[Tzupy]

Bitcoin Community On Brink Of Insanity:
https://www.cryptocoinsnews.com/bitcoin-community-on-brink-of-insanity/

[bargainbin]

guess what, the leaders of the free-shit army are govvy shills, no surprises there.

bitcoin takes away their free money fiat racket, of course they are here shilling to try and ruin something good people are creating to starve them out

Unfortunately, these damned shills have seemingly endless resources.

Is there any way to stop them?

burn their fiat coupon food stamps?

Such indignation. Listen, Rebel Without a Clue, how much of that worthless toilet scrip you got? I might haul it away for you. Even toss you a satoshi or two

And this deserves a quote:

Bitcoin Community On Brink Of Insanity:
https://www.cryptocoinsnews.com/bitcoin-community-on-brink-of-insanity/

 

[marcus_of_augustus]

^^ always with the surveillance snooping and personal questions, god they are sickening, just leave us alone.

[bargainbin]

^^ always with the surveillance snooping and personal questions, god they are sickening, just leave us alone.

You earthlings have that certain... je ne sais quoi --can't eat just one.

[AlexGR]

i sent another buck in my wishing well

https://blockchain.info/address/1LBHYYEbd8eqrfi9PiSEkj35e9vM3iZEFm

2 cent tx fee

Broadcast after 399882 (so that we can have a measurement when it gets in).

Included In Blocks   399890

[JayJuanGee]

guess what, the leaders of the free-shit army are govvy shills, no surprises there.

bitcoin takes away their free money fiat racket, of course they are here shilling to try and ruin something good people are creating to starve them out

I don't want to necessarily get on about the various roles of government because there are many aspects of government, and I think that when we are talking about various ways that government protects financial, property interests and populism and social welfare.. these have different mechanisms and different levels of corruption.  I believe that there is a bit of an illogical outcome, if we attempt to lump too many concepts of government together and to suggest that all government is bad or that all government is against bitcoin or various ways of empowering people.  There are a lot of internal conflicts within the status quo, and surely bitcoin has the potential to bring a whole hell-a-va lot of disruptions to the current system in ways that not easy to summarize and to lump together interests (such as suggesting that some people support government because they want "free shit."  There are a lot of big money interests, in contrast to regular peeps, that individually get way more government free  shit and free passes and privileges in comparison to all of the supposed "free shit for social services, etc.

[marcus_of_augustus]

http://www.zerohedge.com/news/2016-02-24/googles-skynet-robots-are-all-grown-and-downright-terrifying

a bitcoin for your thoughts bot.

[adamstgBit]

i sent another buck in my wishing well

https://blockchain.info/address/1LBHYYEbd8eqrfi9PiSEkj35e9vM3iZEFm

2 cent tx fee

Broadcast after 399882 (so that we can have a measurement when it gets in).

Included In Blocks   399890

so 8 blocks for 2 cents

and a yet to be determined number of blocks for 1 cent


not bad.

[ChartBuddy]

Coin



Explanation

[adamstgBit]

Bitcoin Community On Brink Of Insanity:
https://www.cryptocoinsnews.com/bitcoin-community-on-brink-of-insanity/

[Oblodo]

Wow. I do feel stupid. I believed in Bitcoin from the start. I got so thrilled, I forgot  the frigging human factor of greed and stupidity. Now we are looking at hard forks and alt coins confusing the public. The banks won. Fuck this shit. I will go and watch the movie Idiocracy, or just be amazed that there are people in this world voting for orange oompah lompas with huuuuuuge comb-overs... So selling most of my coins, keeping some in cold wallets, (just in case I am wrong), fuck this.