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

[redsn0w]

https://twitter.com/bitcoin_comics/status/708544270966267904

[blacky90]

 still worth to invest in eth

[8up]

For now, I am BTC long and ETH short.

where can one find that kind of graph?

https://cryptolization.com/

[ImI]

thx

[ahpku]

https://coin.dance/nodes

[rebuilder]

The willingness of people to save money by doing something in a more economical way can never die .

True, but you can try to stop them from trying to find certain types of more economical methods by using a position of power to dictate what terms the market must operate under.

[AlexGR]

The willingness of people to save money by doing something in a more economical way can never die .

True, but you can try to stop them from trying to find certain types of more economical methods by using a position of power to dictate what terms the market must operate under.

IT services cost, which are related to IT capabilities, will tend to follow IT capabilities cost.

This means that the IT market (hardware, network etc) dictates, in large, the cost as capabilities cap the max amount of tx/s in a given setup (p2p / decentralized).

In 1995, what we do right now at 3tx/s, with a p2p network that anyone can run on their home PC, would be impossible. Bitcoin would be considered a fancy idea that can't work due to extreme resource requirements. There were no 100gb home disks. There was no 4gb ram to run. There was no 8-threaded cpu, running at 4ghz.

If you take the opposite time direction, in 2035 the cost of running at 3000tx/s or 10.000 tx/s may be the same as it is to run today the 3tx/s network.

More technological capacity => more network capacity => cheaper txs due to better and more affordable technological means.

[Mrpumperitis]

lol eth being mentioned on last 6-7 pages here, am i at the right forum! 

If you guys knew what was really going on you would all be holding some ether.

The btc tech is old. If you look at all digital technolgies they always have huge evolution progress every 5-10 years. BTC cant go much further, the journey is coming to an end.
Think, kazaa,limewire were awesome now we all use torrents.
Nokia was top of the mobile game now its apple
msn messenger,myspace were years ahead of the compettion now we all use facebook.
i could give examples all day long.

By 2023 we will be living in a very different world. Cryptographic money may be common, but the layman will not know that he's using it. This money, however, is not Bitcoin . After years of failing to adapt,to its rapidly advancing technological environment, BTC slowly fizzles out into obsolescence.
But the vision of Satoshi is not forgotten. The very meaning of the word "cryptocracy" is being flipped on it's head. The shadow government is loosing its grip on the people, cryptography and blockchain technologies are not only empowering people to take control of their wealth, but also to make their voices heard. True democracy is enabled through the means of provably fair voting systems and smart contracts. Now there is no need for trust, and thus no need for representatives. The people take back the power and are able to govern the world by majority consensus for the first time in history.
Bitcoin will go down in the history books as one of the first stepping stones to the new society. It is a pioneer and we learned a valuable lesson along the way: to once again never trust a single group with the control of the money supply.

https://www.tradingview.com/chart/BNC1/BLX/YFDnalUh-The-Road-to-Obsolescence-A-Seven-Year-Cycle-in-Bitcoin/         

i suggest everyone checks this chart out again,lol

[rebuilder]

AlexGr: That's my argument! Finally we agree!

So did you install Bitcoin Unlimited or what?

[adamstgBit]

https://coin.dance/nodes

lol according to this site there are 0 nodes on the network today 0 core 0 classic 0 node.

[adamstgBit]

For now, I am BTC long and ETH short.

where can one find that kind of graph?

https://cryptolization.com/

wat is this "cryptocurrencies" in the S&P 500? O_o?

[Mrpumperitis]

Check okcoin api

:ETH (:frozen 0 :delisted 0 :disabled 0 :depositAddress NIL :minConf 320 :txFee "0.01000000" :maxDailyWithdrawal "DEPRECATED" :name "Eth

[ChartBuddy]

Coin



Explanation

[ahpku]

https://coin.dance/nodes

lol according to this site there are 0 nodes on the network today 0 core 0 classic 0 node.

OMG NO!

<==ALREADY!!!!1!

[rebuilder]

Yes, Core nodes are losing ground slowly to bigger-blocks nodes: now around 66% Core in the node sphere.

Of course, nodes don't really matter much in this case. Only 4.4% of the last 1000 Blocks were Classic blocks.

[redsn0w]

For now, I am BTC long and ETH short.

where can one find that kind of graph?

https://cryptolization.com/

wat is this "cryptocurrencies" in the S&P 500? O_o?

The total marketcap of all the cryptocurrencies compared to the rest.

[adamstgBit]

For now, I am BTC long and ETH short.

where can one find that kind of graph?

https://cryptolization.com/

wat is this "cryptocurrencies" in the S&P 500? O_o?

The total marketcap of all the cryptocurrencies compared to the rest.

for a second i thought "cryptocurrencies" was part of the S&P500

[aminorex]

I hope you realize that the alt coin market cap is actually a subset of the Bitcoin market cap. The overwhelming bulk of that figure is directly accretive to the value of Bitcoin.

[adamstgBit]

BTC is now 77% of the market down from 90%
we are looking at a 13% loss of market share!!!

[BlindMayorBitcorn]

I hope you realize that the alt coin market cap is actually a subset of the Bitcoin market cap. The overwhelming bulk of that figure is directly accretive to the value of Bitcoin.

Nope.