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

[deadpoolx]

Looks like the price is more stable lately...

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[billyjoeallen]

Imagine bitcoin trades at $1,000,000/BTC next month for some reason. Would not millions, tens of millions of people want to jump in on that?  How are millions going to do it with a capacity of a half million xaction/day? They would try. You know how crazy people get in a mania.

Tens of millions, assuming just 1 x "tens" (=10 million), is ~40 times than the current 250k txs/day.

Allowing for 90% fullness, and not all blocks at 100% (if some miners opt to mine less), you'd need ~44.5 mb blocks.

For two tens (=20 million), you need ~89mb blocks.

For some reason people fail to see that. And think raising a block to 4mb will solve all the problems

It's never been about the blocksize.

Forking just to make sure they can dictacte whatever they feel like whining for, because democracy, because mass adoption blablabluh.

Still it ain't happening, bitcoin does not work that way.

Been over a year so by now the shit blocking their sight might dissolve a bit and hopefully they will soon move on.

Right, Dipshit. That's right. Because if we get 2MB and the price jumps up double or more, it will be that much easier to convince the miners to double it again. and again. Because raising the blocksize will increase the value of our bitcoins.  Why you can't see that is bewildering. Baffling. There is something wrong with you.

[hdbuck]

^ frustrated little usefull useless idiot

What ya still doing here? Move along already with your retarded buddies over that motherforkers forum..

[billyjoeallen]

^ frustrated little usefull useless idiot

What ya still doing here? Move along already with your retarded buddies over that motherforkers forum..

Maybe if a fee was imposed for posting, I would leave, right? Can't have all this spam clogging up the forum...

[bargainbin]

>responding to hdbuck as if it was a sentient lifeform

[hdbuck]

^ frustrated little usefull useless idiot

What ya still doing here? Move along already with your retarded buddies over that motherforkers forum..

Maybe if a fee was imposed for posting, I would leave, right? Can't have all this spam clogging up the forum...

aww poor boy

hopefully there is always that lampchop govy shill luv to cheer you up

[aztecminer]

The wind has left this thread's sails. The action is spreading far and wide. Or going into hibernation.

Damn it!

I miss 'Chart Buddy'

It followed Adam to a new thread elsewhere. It's still published, just not here.  Some people don't like censorship on principle. Richy is one of those people.

but adam was start to be a little weird posting crazy pics of himself into here and all that. . we have to look at it from that point view too.

[billyjoeallen]

^ frustrated little usefull useless idiot

What ya still doing here? Move along already with your retarded buddies over that motherforkers forum..

Maybe if a fee was imposed for posting, I would leave, right? Can't have all this spam clogging up the forum...

aww poor boy

hopefully there is always that lampchop govy shill luv to cheer you up

I'm wondering what event or series of events happened to you to make you this broken, this dysfunctional of a human being. You're one of those chemtrails fluoride anti-vaccine anti-GMO whackjobs, apparently. You NEED the evil conspiracies to explain why it's not your fault that you're such a complete loser.

[aztecminer]

So either we will eventually get a network congestion failure or a complete halt in price appreciation without additional capacity.  This is not an opinion. This is a logical certainty.  

... this idiotic statement refuses to acknowledge that there are already a great number of bitcoin transactions that do not take place on the bitcoin network, and they can also lead to price appreciation from an increased network effect.

Your argument is simplistically idiotic because it is the equivalent of saying that if everybody cannot use FedWire then USdollar usage cannot increase.

u are saying that bitcoin really isn't #GimpedCoin afterall it doesnt matter if it can scale cuz... bitcoin is worth more if it can't scale.

[JimboToronto]

Good morning Bitcoinland.

Still going pretty much sideways for over 2 weeks now.

Coiling?
_____

@ hdbuck:

The schism between the 2 forums isn't about block size or forking. It's about censorship and respect.

[conspirosphere.tk]

You're one of those chemtrails fluoride anti-vaccine anti-GMO whackjobs, apparently. You NEED the evil conspiracies to explain why it's not your fault that you're such a complete loser.

Oh, here's another conspiracy denier / dancing israeli shill.  Interesting correlation with the bigblocktardness.

[bargainbin]

You're one of those chemtrails fluoride anti-vaccine anti-GMO whackjobs, apparently. You NEED the evil conspiracies to explain why it's not your fault that you're such a complete loser.

Oh, here's another conspiracy denier / dancing israeli shill.  Interesting correlation with the bigblocktardness.

Libertardian conflict resolution intensifies...

[JimboToronto]

You're one of those chemtrails fluoride anti-vaccine anti-GMO whackjobs, apparently. You NEED the evil conspiracies to explain why it's not your fault that you're such a complete loser.

Oh, here's another conspiracy denier / dancing israeli shill.  Interesting correlation with the bigblocktardness.

I try to be neither a conspiracy theorist nor a conspiracy denier.

I do find it interesting that despite Edward Snowden's revelations, conspiracy deniers still use expression like "whackjobs" and "tinfoil hats" to describe those with serious concerns.

I guess it shows that propaganda still works. This is why the FUD-spammers keep pounding away and censors keep censoring.

Sigh.

[hdbuck]

^ frustrated little usefull useless idiot

What ya still doing here? Move along already with your retarded buddies over that motherforkers forum..

Maybe if a fee was imposed for posting, I would leave, right? Can't have all this spam clogging up the forum...

aww poor boy

hopefully there is always that lampchop govy shill luv to cheer you up

I'm wondering what event or series of events happened to you to make you this broken, this dysfunctional of a human being. You're one of those chemtrails fluoride anti-vaccine anti-GMO whackjobs, apparently. You NEED the evil conspiracies to explain why it's not your fault that you're such a complete loser.

lel coming from a block the stream core is killing bitcoin conspiracist.

move on kid, try ethereum, they still have their benevolent dictator, much fork there, great mass adoption!

[aztecminer]

You're one of those chemtrails fluoride anti-vaccine anti-GMO whackjobs, apparently. You NEED the evil conspiracies to explain why it's not your fault that you're such a complete loser.

Oh, here's another conspiracy denier / dancing israeli shill.  Interesting correlation with the bigblocktardness.

flouride is good for you. lead is too . if u mix the two and ingest them regularly you will gain new bitcoin trading skills... try it is amazing . roundup is good for you too ... why even bother mixin that stuff into vegetables ?? just go buy a bottle at walmarts and bottoms up .. and short bitcoins like u are four punch raider .

[hdbuck]

You're one of those chemtrails fluoride anti-vaccine anti-GMO whackjobs, apparently. You NEED the evil conspiracies to explain why it's not your fault that you're such a complete loser.

Oh, here's another conspiracy denier / dancing israeli shill.  Interesting correlation with the bigblocktardness.

them socialist derps.

[bargainbin]

< snip >

[hdbuck]

@ hdbuck:

The schism between the 2 forums isn't about block size or forking. It's about censorship and respect.

schism, lel. if only.. such wishful thinking that they'd matter so much.. ^^

there is no respect whatsoever to have for scammers, charlatans and their toxic wannabes followers..

luckily they finally got that tiny place (half a dozen members or so online on average?) to circle jerk about sensor-ships and what not.

[billyjoeallen]

You're one of those chemtrails fluoride anti-vaccine anti-GMO whackjobs, apparently. You NEED the evil conspiracies to explain why it's not your fault that you're such a complete loser.

Oh, here's another conspiracy denier / dancing israeli shill.  Interesting correlation with the bigblocktardness.

Never ascribe to conspiracy that which can adequately be explained by incompetence.

[julian071]

< snip >

Haha thx. I tried liking your post but I can't seem to find that button anymore.