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

[bargainbin]

Don't worry, it's one of the many exciting new functions present in the million-dollar forum software that's been in development since January 2014. The one that's going to be out "when it's ready", according to the most recent staff declaration. You can check out the beta!... Which is behind a Bad Gateway error indefinitely.

Try forum.epochtalk.org

Nice! Another $2.5 million US, a couple more years of testing & development, and that baby will be on par with circa 1990 BBS software!

[DaRude]

Don't worry, it's one of the many exciting new functions present in the million-dollar forum software that's been in development since January 2014. The one that's going to be out "when it's ready", according to the most recent staff declaration. You can check out the beta!... Which is behind a Bad Gateway error indefinitely.

Try forum.epochtalk.org

Nice! Another $2.5 million US, a couple more years of testing & development, and that baby will be on par with circa 1990 BBS software!

Were you actually one of the people that donated to Theymos? Or you just like to complain about all of the injustices on the internet?

[hdbuck]

Don't worry, it's one of the many exciting new functions present in the million-dollar forum software that's been in development since January 2014. The one that's going to be out "when it's ready", according to the most recent staff declaration. You can check out the beta!... Which is behind a Bad Gateway error indefinitely.

Try forum.epochtalk.org

Nice! Another $2.5 million US, a couple more years of testing & development, and that baby will be on par with circa 1990 BBS software!

Were you actually one of the people that donated to Theymos? Or you just like to complain about all of the injustices on the internet?

how dare you question mr govy derp

[bargainbin]

Don't worry, it's one of the many exciting new functions present in the million-dollar forum software that's been in development since January 2014. The one that's going to be out "when it's ready", according to the most recent staff declaration. You can check out the beta!... Which is behind a Bad Gateway error indefinitely.

Try forum.epochtalk.org

Nice! Another $2.5 million US, a couple more years of testing & development, and that baby will be on par with circa 1990 BBS software!

Were you actually one of the people that donated to Theymos?

1. The money was not donated to thermos, why would anyone do that?
2. Have donated absolutely no money to this forum, due to not being totally retarded.

Or you just like to complain about all of the injustices on the internet?

I guess. If by "complain" you mean "point fingers and laugh," that is.

But seriously, what's your point? If you see somebody getting mugged and raped in the street, you keep your head down and walk on? Because you're not the one getting raped, so you STFU & mind your own business?

Luckily, this is not a case of an innocent getting raped, but an obvious case of b2b (bitcoiner on bitcoiner crime). So evocative of hearty, childlike laughter, not compassion and intervention, from me

[AlexGR]

why - because they keep sending here best trolls in universe
really top level

...including troll devs.

[JayJuanGee]

https://www.tradingview.com/chart/BTCCNY/rpaz5X3V-China-breaks-triangle-US-does-not/

Give me a sign!!!!!

OH?  That's the sign?

Should I sell now in order to be ahead of the game?


Even with that charting of a breaking down in China, I am only slightly bearish for the next 3% break out...  maybe 52.75% betting on down... 

The mid $420s resistance has been proving a bit more formidable than I had expected, and possibly could be a few more weeks to get passed that point.

I do understand that when we are suffering from overall relative low volume, that leaves quite a bit of control to manipulators.. and it seems that bears tend to push their agenda a bit more in the low volume scenarios... and recently no one seems to getting too excited about possibilities of getting left behind.

Despite the worsening market indicators, price has been more resilient than I expected.
Two months ago, similar indicator crossings resulted in large drops. Now I am trying to figure out how much slower the current market is moving.

Don't fight it, Tzupy.     


I recall earlier that you had recognized an overall uptrend, so even if we are having a large number of downward price pressures, there is only so much that the price can be pushed down when the overall trend remains up.   

[JayJuanGee]

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.

LOOOK..... 

Even crazy is recognizing crazy.   

[bargainbin]

[BitUsher]

https://www.reddit.com/r/btc/comments/4bc6lm/the_irony_segregated_wittness_softfork_may_not/

How incredibly petty for those that support a delay in this capacity increase. Either you think that we need a capacity increase immediately or don't. There is absolutely nothing stopping classic taking over after segwit rolls out besides miner support and economic node support. This tactic will certainly backfire and reflect your intentions aren't necessarily to support bitcoin as a whole but petty short term politics.

Hopefully the classic miners aren't so petty as the classic redditers so we can get more capacity and all the other benefits of segwit.

[BlackSpidy]

Bitcoin can handle a scale-up to 2Mb. It's obvious.

The funny thing is that there is a hard drive that can store 9 year's worth of full 2Mb blocks for 9 years. For $85!
The countries with lower average internet speeds than 2 Mb/s (according to the Akamai ratings of 2015) are the likes of Bolivia, Venezuela and Paraguay. We're talking ranks 119, 71 and 112 in the Human Development Index, respectively.

I don't know about you, but I think that the third world is as ready for bitcoin as it was for the internet in the 1980s.
Right now, we shouldn't hold bitcoin back in fear that some people won't have the storage or internet speed to run nodes/mine. But still, it's a phony excuse.

[BitUsher]

Bitcoin can handle a scale-up to 2Mb. It's obvious.

The funny thing is that there is a hard drive that can store 9 year's worth of full 2Mb blocks for 9 years. For $85!
The countries with lower average internet speeds than 2 Mb/s (according to the Akamai ratings of 2015) are the likes of Bolivia, Venezuela and Paraguay. We're talking ranks 119, 71 and 112 in the Human Development Index, respectively.

I don't know about you, but I think that the third world is as ready for bitcoin as it was for the internet in the 1980s.
Right now, we shouldn't hold bitcoin back in fear that some people won't have the storage or internet speed to run nodes/mine. But still, it's a phony excuse.

Did you read the link? It is full of classic supporters planning on restricting the capacity upgrade in April with an attempt to block the softfork with 5% of mining power.

[Adrian-x]

Bitcoin can handle a scale-up to 2Mb. It's obvious.

The funny thing is that there is a hard drive that can store 9 year's worth of full 2Mb blocks for 9 years. For $85!
The countries with lower average internet speeds than 2 Mb/s (according to the Akamai ratings of 2015) are the likes of Bolivia, Venezuela and Paraguay. We're talking ranks 119, 71 and 112 in the Human Development Index, respectively.

I don't know about you, but I think that the third world is as ready for bitcoin as it was for the internet in the 1980s.
Right now, we shouldn't hold bitcoin back in fear that some people won't have the storage or internet speed to run nodes/mine. But still, it's a phony excuse.

Did you read the link? It is full of classic supporters planning on restricting the capacity upgrade in April with an attempt to block the softfork with 5% of mining power.

That soft fork your talking about is SegWit,  it's not a Bitcoin capacity upgrade it facilitates off chain transactions and fixes a few bugs that don't affect users.

according to Gmaxwell: "Segwit is not about saving space for plain full nodes" either.

[marcus_of_augustus]

Bitcoin can handle a scale-up to 2Mb. It's obvious.

The funny thing is that there is a hard drive that can store 9 year's worth of full 2Mb blocks for 9 years. For $85!
The countries with lower average internet speeds than 2 Mb/s (according to the Akamai ratings of 2015) are the likes of Bolivia, Venezuela and Paraguay. We're talking ranks 119, 71 and 112 in the Human Development Index, respectively.

I don't know about you, but I think that the third world is as ready for bitcoin as it was for the internet in the 1980s.
Right now, we shouldn't hold bitcoin back in fear that some people won't have the storage or internet speed to run nodes/mine. But still, it's a phony excuse.

Did you read the link? It is full of classic supporters planning on restricting the capacity upgrade in April with an attempt to block the softfork with 5% of mining power.

That soft fork your talking about is SegWit,  it's not a Bitcoin capacity upgrade it facilitates off chain transactions and fixes a few bugs that don't affect users.

according to Gmaxwell: "Segwit is not about saving space for plain full nodes" either.

... classic support segregated half-wit?

[BitUsher]

That soft fork your talking about is SegWit,  it's not a Bitcoin capacity upgrade it facilitates off chain transactions and fixes a few bugs that don't affect users.

Even the misleading and full of factual errors link you cite admits that Segwit increases capacity. You have no credibility to suggest it doesn't. You have been around enough to realize Segwit increases capacity. Why do you need to spread lies?

[BlackSpidy]

Here's a pretty easy way to increase block size.

Code:

Block_size_limit_variable = 2000

There's 5.5% of the nodes that already support that, with the Core dev team backing that change, I'm sure 95% (that being Theymo's threshold for "consensus") can get behind it pretty quickly. I'll let the miners decide...

Edit: Woops, no. I checked. 5.5% of the latest 1000 blocks mined back up that solution. 31.39% of nodes already compatible with that simple and stylish solution. I don't know why the simpler, and less buggy solution isn't getting taken by the Core dev team.

[BitUsher]

Here's a pretty easy way to increase block size.

Code:

Block_size_limit_variable = 2000

There's 5.5% of the nodes that already support that, with the Core dev team backing that change, I'm sure 95% (that being Theymo's threshold for "consensus") can get behind it pretty quickly. I'll let the miners decide...

Some of us want a capacity upgrade in April and all the other benefits of segwit. Why are so many classic supporters trying to prevent this capacity upgrade? It certainly doesn't prevent any future maxBlockSize increase; why can't we have segwit to add an effective 1.8MB to 2MB and than later increase the the effective capacity to 3.6 to 4MB?

[bargainbin]

Any of you gents thinking beyond the crushing embarrassment of defeat?
Got your hobo bindles & "Argentina or Bust!" cardboard signs stylish go bags & super legit Paki passports ready?



@BitUsher: that 95% consensus gambit backfired pretty hilariously, hmm?

[JayJuanGee]

Here's a pretty easy way to increase block size.

Code:

Block_size_limit_variable = 2000

There's 5.5% of the nodes that already support that, with the Core dev team backing that change, I'm sure 95% (that being Theymo's threshold for "consensus") can get behind it pretty quickly. I'll let the miners decide...

I believe a lot of folks already appreciate that an actual increase in the blocksize limit from 1 to 2 or 1.5 or 3 or 3.72682 mbs would be pretty easy and even quick. 

Part of the issue concerns whether any block size limit is necessary at this particular time and whether there is some kind of emergency on the horizon that would justify making an immediate upgrade. 

Accordingly, if such an increase is not really necessary (which seems to be consensus), and there is no emergency (seems to be consensus), then the fact that it is easy to upgrade would justify waiting to upgrade rather than rushing into some kind of blocksize limit increase that is not necessary.

[AliceGored]

The +0.75MB equivalent potential capacity gain with segwit is the free candy to get you in the "permanent 75% fee discount for signature heavy settlement tx" van.

Added benefit of creating a massive amount of zombie nodes that don't verify or understand witness data at all.

No time to explain kid, get in!

[BitUsher]

The discount is critical to reducing UTXO bloat to insure that bitcoin can scale and we can ramp up the maxBlockSize variable.
Those that suggest otherwise are disingenuous or don't understand the importance of reducing UTXO growth.