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

[rebuilder]

Becoin,by how broad your definition of a free market appears to be, the USSR was a free market system.

[notme]

The Bitcoin core developers better wake the fk up, grow the fk up, and start working with those in touch with global business needs.  Or they will eventually (and very quickly) find themselves in the dustbin of Bitcoin History.

Every business that is build around free space on the bitcoin blockchain will eventually (and very quickly) find themselves in the dustbin of Bitcoin History.

Sure, they should not rely on free space.  But why do we need a centrally planned limit when miners are perfectly capable of determining their own costs and prioritizing transactions appropriately?

There is no centrally planned limit. You're free to create a bitcoin fork with unlimited blocksize. Instead of whining here do it and you'll very quickly find out that you're wrong!

http://www.bitcoinunlimited.info/

[MinermanNC]

but you can always fork off and play with eth dapps derps.

ETH: Price > 10x in 2 months
BTC: Keeps tanking, predictably

Man, you must feel AWFUL

And if you even decided to invest in Ethereum, you can hope to see tears once the whales start dumping their coins and dropping the price back down to where it's supposed to be, and feeling bad about not sticking with bitcoin.

Seems as BTC falls in price Ethereum rises... kinda self corrects it value against BTC prices.... amazing  

PS: Not an investor here, only mining it ETH 

[becoin]

Becoin,by how broad your definition of a free market appears to be, the USSR was a free market system.

Neither USSR nor USA were free market systems.

[adamstgBit]

i'm fairly certain this drop is pricing in Core/Blockstream 's hard headedness

[adamstgBit]

THANKS CORE

[hdbuck]

meh more liek its on you noobs that have been whining for the last year

[MinermanNC]

i'm fairly certain this drop is pricing in Core/Blockstream 's hard headedness

I don't care what solution they agree on just get something done! hard fork whatever lol

[adamstgBit]

i'm fairly certain this drop is pricing in Core/Blockstream 's hard headedness

I don't care what solution they agree on just get something done! hard fork whatever lol

lol true

well HOPEFULLY they can get segwit going in time

but if they either don't get it out in time or it does not effectively increase block size by much, these devs are toast!

[Chef Ramsay]

sabotage

[Fatman3001]

i'm fairly certain this drop is pricing in Core/Blockstream 's hard headedness

I don't care what solution they agree on just get something done! hard fork whatever lol

lol true

well HOPEFULLY they can get segwit going in time

but if they either don't get it out in time or it does not effectively increase block size by much, these devs are toast!

Anyone bothered to look into that accidental HF it caused on the testnet?

[ChartBuddy]

Coin



Explanation

[Fatman3001]

sabotage

[adamstgBit]

i'm fairly certain this drop is pricing in Core/Blockstream 's hard headedness

I don't care what solution they agree on just get something done! hard fork whatever lol

lol true

well HOPEFULLY they can get segwit going in time

but if they either don't get it out in time or it does not effectively increase block size by much, these devs are toast!

Anyone bothered to look into that accidental HF it caused on the testnet?

... if they could code it perfectly first time around it would be done by now,
fact that they are testing it on testnet is encouraging.


honestly i hate there methods, and from the little bits i get to see and hear coming from Core, i am  100% with Coinbase

But I see little choice but to let them try and redeem themselves by smoothly rolling out segwit and then the 2MB HF later...

[Andre#]

Becoin,by how broad your definition of a free market appears to be, the USSR was a free market system.

He meant FEE market not FREE market. That is often confused. 

[MinermanNC]

i'm fairly certain this drop is pricing in Core/Blockstream 's hard headedness

I don't care what solution they agree on just get something done! hard fork whatever lol

lol true

well HOPEFULLY they can get segwit going in time

but if they either don't get it out in time or it does not effectively increase block size by much, these devs are toast!

Yes,

I prefer to see a soft fork none the less   mainly for the rest of the worlds sake" lol

[adamstgBit]

I wouldn't be surprised to see some shocking news about some core devs mysteriously  disappearing.

this has VERY often been the price to sticking to one's principles...

[BitconAssociation]

Going down, going down now
Going down, going down now
Mean old levee taught me to weep and moan
Mean old levee taught me to weep and moan
It's got what it takes to make a mountain man leave his home
Going down, going down now
Going down, going down now

[AlexGR]

I wouldn't be surprised to see some shocking news about some core devs mysteriously  disappearing.

this has VERY often been the price to sticking to one's principles...

Even if some core members don't want a blocksize larger than 1mb, the core development plan has a Segwit rollout in a couple of months, with an effective 1.7mb (or more - depending the use) capacity.

Right now we are at 0.74mb avg blocksize, so at ~1.7mb we are looking at something like 120% upgrade (or more for certain uses) - despite the fact that current fees are still ridiculously low.

And some are like "ohh something needs to get done"....

[Tzupy]

i'm fairly certain this drop is pricing in Core/Blockstream 's hard headedness

No Adam, it's China... The bid sum / ask sum on Huobi, arguably the lead exchange, took a nosedive, and price followed.