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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26964087 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 1 users with 9 merit deleted.)
AlexGR
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March 04, 2016, 01:21:13 PM

Of course the attack wasn't natural growth. It started way too sudden on 28 February to be natural. More likely, it seemed to me that it was a counter attack of extremist bigblockers after the DDoS attack on Classic nodes by extremist smallblockers.


Dang,

I don't understand everything but it's funny how it really seems to be an important conflict with various guerilla tactics xD

It could also be a pretentious conflict by third parties (banks, government agencies etc) who prefer division in the btc world.

Classic nodes don't play any meaningful role in order to get attacked. What counts for activating a 2mb HF are the miners, not the nodes. And since the miners are smart enough to understand the destructive consequences of contentious hard forks and splitting the currency in two, which would forever destroy the trust in bitcoin as a currency, they chose not to go down that destructive split. In other words classic is dead. And you know what they say about beating the dead horse. That's what DDOSing an "xt" or "classic" node is.
ahpku
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March 04, 2016, 01:29:56 PM

It could also be a pretentious conflict by third parties (banks, government agencies etc) who prefer division in the btc world.

>pretentious conflict
Baffling word combination is baffling.
stoat
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March 04, 2016, 01:31:38 PM

Polite suggestion to diversify into ...

The currency that cannot be named

I thought the DOGE fad was over.

Or are we on to another alt fad?

The fact that you compare ___ to doge shows how utterly out of touch with reality you are.

___ will drink your milkshake. 
stoat
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March 04, 2016, 01:33:03 PM

Polite suggestion to diversify into ...

The currency that cannot be named

I thought the DOGE fad was over.

Or are we on to another alt fad?

Always another pump with these altcoiners ... its crashing today, I suggest people collect any profit while they can with Eth, as those prices are unsustainable. Gravity is pulling it down to reality. Those that have been around know a bubble when they see one especially when it coincides with massive spam from many directions pumping it.


The only thing that's crashing today is bitcoin. ___ is in a massive bull market that will last for months.  The punishment for your denial will be your financial loss.

Happy trading
mainpmf
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March 04, 2016, 01:34:47 PM

Of course the attack wasn't natural growth. It started way too sudden on 28 February to be natural. More likely, it seemed to me that it was a counter attack of extremist bigblockers after the DDoS attack on Classic nodes by extremist smallblockers.


Dang,

I don't understand everything but it's funny how it really seems to be an important conflict with various guerilla tactics xD

It could also be a pretentious conflict by third parties (banks, government agencies etc) who prefer division in the btc world.

Classic nodes don't play any meaningful role in order to get attacked. What counts for activating a 2mb HF are the miners, not the nodes. And since the miners are smart enough to understand the destructive consequences of contentious hard forks and splitting the currency in two, which would forever destroy the trust in bitcoin as a currency, they chose not to go down that destructive split. In other words classic is dead. And you know what they say about beating the dead horse. That's what DDOSing an "xt" or "classic" node is.

If it was BTC would be dead! No way they just "ran out of cash".
If they wanted they'd just crash btc. It would cost them nothing.
Denker
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March 04, 2016, 01:41:19 PM

Appears that the evidence supported our suspicions . This was indeed a spam/ddos attack upon bitcoin and the perpetrators ran out of cash. The unconfirmed backlog is clearing up

https://blockchain.info/unconfirmed-transactions

Bitcoin is certainly resilient.



I wouldn't declare victory too early.
This could be the quiet for the next storm.
I could imagine they are preparing another attack when they realize this one has not been that successful as expected.
Let's wait a bit and be cautious.
BlindMayorBitcorn
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March 04, 2016, 01:41:30 PM

Polite suggestion to diversify into ...

The currency that cannot be named

I thought the DOGE fad was over.

Or are we on to another alt fad?

Always another pump with these altcoiners ... its crashing today, I suggest people collect any profit while they can with Eth, as those prices are unsustainable. Gravity is pulling it down to reality. Those that have been around know a bubble when they see one especially when it coincides with massive spam from many directions pumping it.

 Huh

Can we stop yelling timber for no reason. Some of us are actually waiting for this tree to fall.
ahpku
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March 04, 2016, 01:56:59 PM

^^Besides, over in Saurian Aryan's Crypto Kingdom there's much jubilation and rejoicing! +(24.90 %) Shocked
ChartBuddy
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March 04, 2016, 02:00:38 PM

Coin



Explanation
spiderbrain
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March 04, 2016, 02:11:17 PM

Polite suggestion to diversify into ...

The currency that cannot be named

Don't bother. They're all out trading eth.

All that is left here is the core fanboys who doesn't understand they just poisoned the well.


Wow, best quote I've seen here in a while =D
BlindMayorBitcorn
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March 04, 2016, 02:18:14 PM

^^Besides, over in Saurian Aryan's Crypto Kingdom there's much jubilation and rejoicing! +(24.90 %) Shocked

The Man Who Would Be King. Grin
yugo23
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March 04, 2016, 02:21:40 PM

Polite suggestion to diversify into ...

The currency that cannot be named

Don't bother. They're all out trading eth.

All that is left here is the core fanboys who doesn't understand they just poisoned the well.


I've got to admit there seems to be much less enthousiasm around btc right now...

Seems like something happened. The core fanboys probably did something that will affect btc for long. Just hoping it was the right decision.
inca
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March 04, 2016, 02:42:24 PM

Polite suggestion to diversify into ...

The currency that cannot be named

Don't bother. They're all out trading eth.

All that is left here is the core fanboys who doesn't understand they just poisoned the well.


I've got to admit there seems to be much less enthousiasm around btc right now...

Seems like something happened. The core fanboys probably did something that will affect btc for long. Just hoping it was the right decision.

When old timers are selling up and new money is flocking to other coins like eth and monero you know they haven't got a clue.

How many times does simple economics need explaining to supposedly intelligent programmers? Limiting network transactions now is the same as limiting the number of users in the future. Not a great way to scale the project for the next 5 years. Fools.
yugo23
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March 04, 2016, 02:45:19 PM

Polite suggestion to diversify into ...

The currency that cannot be named

Don't bother. They're all out trading eth.

All that is left here is the core fanboys who doesn't understand they just poisoned the well.


I've got to admit there seems to be much less enthousiasm around btc right now...

Seems like something happened. The core fanboys probably did something that will affect btc for long. Just hoping it was the right decision.

When old timers are selling up and new money is flocking to other coins like eth and monero you know they haven't got a clue.

How many times does simple economics need explaining to supposedly intelligent programmers? Limiting network transactions now is the same as limiting the number of users in the future. Not a great way to scale the project for the next 5 years. Fools.

Yeah I really don't see the point of this whole debate.
You limit number of txs? It means you limite the number of users!

It can't have any other consequence!
inca
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March 04, 2016, 02:48:33 PM

Polite suggestion to diversify into ...

The currency that cannot be named

Don't bother. They're all out trading eth.

All that is left here is the core fanboys who doesn't understand they just poisoned the well.


I've got to admit there seems to be much less enthousiasm around btc right now...

Seems like something happened. The core fanboys probably did something that will affect btc for long. Just hoping it was the right decision.

When old timers are selling up and new money is flocking to other coins like eth and monero you know they haven't got a clue.

How many times does simple economics need explaining to supposedly intelligent programmers? Limiting network transactions now is the same as limiting the number of users in the future. Not a great way to scale the project for the next 5 years. Fools.

Yeah I really don't see the point of this whole debate.
You limit number of txs? It means you limite the number of users!

It can't have any other consequence!

LN blah blah.

The reality is that everyone understands that bitcoin cannot infinitely scale with bigger blocks. But it can scale upwards enough to help the currency reach critical mass and then additional payment layers make a lot of sense. Severely restricting the protocol now is idiotic, frankly.
ChartBuddy
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March 04, 2016, 03:00:38 PM

Coin



Explanation
Tzupy
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March 04, 2016, 03:11:12 PM

https://www.cryptocoinsnews.com/bitcoin-price-decline-slow-but-steady/
ssmc2
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March 04, 2016, 03:12:21 PM

The FUD is strong. Can only mean one thing.

Hodl your coins folks and be patient.
hdbuck
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March 04, 2016, 03:19:26 PM

Polite suggestion to diversify into ...

The currency that cannot be named

Don't bother. They're all out trading eth.

All that is left here are the core fanboys who don't understand they've just poisoned the well.


Meh all that is left here is you ignorant forkers and govy shills spinning their boring life.

Congrats, for making this place a socialist shitshow.
simmo77
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March 04, 2016, 03:22:16 PM

On vacation i saw this bear and had to take a pic, i thought you guys might get a lol.


OT - but who ever gives a shit about that.


There's a remarkably similar bear in a rental shop in Whistler, BC, and for a minute I thought you were there - Whistler is one of my favourite places on this big blue ball of dirt that we call home. Then I saw the sign on the bear and realised, close but no cigar. Smiley

Anyways

My first snowboard (and boots and some other stuff) was funded by selling all of the BTC I mined with my trusty old PC. Ahhh, those were the days...

But...
If only I had waited a few more months, I would have been able to sell all of them to fund the entire trip
... and ...
If only I had waited a year and a bit more, I might have been able to sell all of them and buy a nice cabin near Dustys Bar @ Creekside.

Hindsight is a wonderful thing.

You a boarder, or skier Adam?


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