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

[ahpku]

Shocking!  Typical $500 transaction costs $0.04 in fees!!  This burden will sink bitcoin.

Typical BTC $0.01 transaction costs $0.04 in fees!!
Typical $500 real money transaction: costs $0.00 in fees!!
Typical ETH transaction: costs $0.00 in fees!!

Indeed missing value for eth, as you dont know how much you are paying  

To be fair, you only know what you're paying in BTC when the prices are given in USD. Which is, pretty much, always 

@600watt: Can't we just hug it out, bro?

[adamstgBit]

May 23 2016, still waiting for segwit 

[USB-S]

Shocking!  Typical $500 transaction costs $0.04 in fees!!  This burden will sink bitcoin.

Typical BTC $0.01 transaction costs $0.04 in fees!!
Typical $500 real money transaction: costs $0.00 in fees!!
Typical ETH transaction: costs $0.00 in fees!!

Eth isn't really meant for value transfer, but smart contracts and dao and whatever. But eth was born like 5 years before any of this is useful.

Maybe in 5 years time they'll realize how inefficient their whole platform is. However by then, I guess they'll just have to keep promoting shit.

Future perdiction eth becomes scamcoin #3327

[r0ach]

ETH prices will fall lower and lower and lower and there will be no bottom!

[dumbfbrankings]

May 23 2016, still waiting for segwit 

Should be any day now...

We're just waiting for Luke Jr to code up a HF max_block_size increase, have it be merged, tested, and binaries released by Core.

From the news desk of Kyle Torpley:
https://bitcoinmagazine.com/articles/antpool-will-not-run-segwit-without-block-size-increase-hard-fork-1464028753

[adamstgBit]

May 23 2016, still waiting for segwit 

Should be any day now...

We're just waiting for Luke Jr to code up a HF max_block_size increase, have it be merged, tested, and binaries released by Core.

From the news desk of Kyle Torpley:
https://bitcoinmagazine.com/articles/antpool-will-not-run-segwit-without-block-size-increase-hard-fork-1464028753

nice so we will have segwit + Block Size Increase

THANK YOU antpool

[ahpku]

Shocking!  Typical $500 transaction costs $0.04 in fees!!  This burden will sink bitcoin.

Typical BTC $0.01 transaction costs $0.04 in fees!!
Typical $500 real money transaction: costs $0.00 in fees!!
Typical ETH transaction: costs $0.00 in fees!!

Eth isn't really meant for value transfer, but smart contracts and dao and whatever. But eth was born like 5 years before any of this is useful.

Maybe in 5 years time they'll realize how inefficient their whole platform is.

"Inefficient"? Does ETH need to burn as much electricity as a small country to simply *exist*? A bitcoiner talking about efficiency

[r0ach]

I believe BTC price is about to snap back to 460.

You will see an instant + $12 to BTC soon.  Eth shills will cry as their IPO scamtoken collapses.

[twunkle]

I believe BTC price is about to snap back to 460.

You will see an instant + $12 to BTC soon.  Eth shills will cry as their IPO scamtoken collapses.

how fast can that go   

[ahpku]

Eth shills will cry as their IPO scamtoken collapses.

                                                                       
                                                                            World's angriest c0ckr0ach

[adamstgBit]

http://bitcoinity.org/markets/bitfinex/USD

massive pressure building.

[finkelsteinMonster]

Beep beep, bitcoin, disruptive tech coming through!

http://api.theweek.com/sites/default/files/styles/tw_image_9_4/public/32908_article_full.jpg?itok=zxlpG8tM&resize=1260x560

[adamstgBit]

https://www.youtube.com/watch?v=nx_-NMpfCLI

[USB-S]

Shocking!  Typical $500 transaction costs $0.04 in fees!!  This burden will sink bitcoin.

Typical BTC $0.01 transaction costs $0.04 in fees!!
Typical $500 real money transaction: costs $0.00 in fees!!
Typical ETH transaction: costs $0.00 in fees!!

Eth isn't really meant for value transfer, but smart contracts and dao and whatever. But eth was born like 5 years before any of this is useful.

Maybe in 5 years time they'll realize how inefficient their whole platform is.

"Inefficient"? Does ETH need to burn as much electricity as a small country to simply *exist*? A bitcoiner talking about efficiency

What am I going to do? Knock on every miners door and tell them to shut down their operations, just because creating fungible value with their electricity is wrong? Besides we needed a system where registered value became anonymous value.

Also ether network isn't as secure and hasn't got as much work in it as bitcoin network has. Remember, ether lays ontop of bitcoin not the other way round.

[ahpku]

Shocking!  Typical $500 transaction costs $0.04 in fees!!  This burden will sink bitcoin.

Typical BTC $0.01 transaction costs $0.04 in fees!!
Typical $500 real money transaction: costs $0.00 in fees!!
Typical ETH transaction: costs $0.00 in fees!!

Eth isn't really meant for value transfer, but smart contracts and dao and whatever. But eth was born like 5 years before any of this is useful.

Maybe in 5 years time they'll realize how inefficient their whole platform is.

"Inefficient"? Does ETH need to burn as much electricity as a small country to simply *exist*? A bitcoiner talking about efficiency

What am I going to do? Knock on every miners door and tell them to shut down their operations, just because creating fungible value with their electricity is wrong?

Also I bet ether network is just as secure as bitcoin network is. I'm glad I know nothing about this bitcoin stuff.

Have I advised you to go knocking on miner's doors? No. Because that would be fucking stupid. Because bicoin is inefficient by design. Satoshi himself said that the cost of mining one BTC should approach the market price of 1 BTC. Imagine if banksters had to buy ~$30 of gear & burn $60 of state-subsidized coal to print a hundred-dollar bill? That's what bitcoin is *designed* to do.
But wait! That's not all!
If, by some twisted trick of fate, bitcoin lives on past teh Halvening, bitcoin "security" will be cut in half, if BTC price doesn't double. Double it will not, because the last time I cared how much miners make or lose, before buying BTC, was never.

TL;DR: You said ETH is inefficient. I pointed out that BTC is the epitome of inefficiency. Knocking on people's doors won't help; stay home and try not to cry

P.S. Stop taking pride in "know[ing] nothing about this bitcoin stuff." Outside of this forum, stupidity is thought a *bad* thing, something to be ashamed of.

>ether lays ontop of bitcoin
Yeah, that sort of stuff. Don't flaunt it.

[USB-S]

Shocking!  Typical $500 transaction costs $0.04 in fees!!  This burden will sink bitcoin.

Typical BTC $0.01 transaction costs $0.04 in fees!!
Typical $500 real money transaction: costs $0.00 in fees!!
Typical ETH transaction: costs $0.00 in fees!!

Eth isn't really meant for value transfer, but smart contracts and dao and whatever. But eth was born like 5 years before any of this is useful.

Maybe in 5 years time they'll realize how inefficient their whole platform is.

"Inefficient"? Does ETH need to burn as much electricity as a small country to simply *exist*? A bitcoiner talking about efficiency

What am I going to do? Knock on every miners door and tell them to shut down their operations, just because creating fungible value with their electricity is wrong?

Also I bet ether network is just as secure as bitcoin network is. I'm glad I know nothing about this bitcoin stuff.

Have I advised you to go knocking on miner's doors? No. Because that would be fucking stupid. Because bicoin is inefficient by design. Satoshi himself said that the cost of mining one BTC should approach the market price of 1 BTC. Imagine if banksters had to buy ~$30 of gear & burn $60 of state-subsidized coal to print a hundred-dollar bill? That's what bitcoin is *designed* to do.
But wait! That's not all!
If, by some twisted trick of fate, bitcoin lives on past teh Halvening, bitcoin "security" will be cut in half, if BTC price doesn't double. Double it will not, because the last time I cared how much miners make or lose, before buying BTC, was never.

TL;DR: You said ETH is inefficient. I pointed out that BTC is the epitome of inefficiency. Knocking on people's doors won't help; stay home and try not to cry

The day I start crying is when bitcoin goes supernova. Until that happens, I will be glad to accept any green dildo up my bum.
However tell me a thing that bitcoin can't do that ethereum is so good at? Because I can tell you at least one thing bitcoin can do that ethereum cant.

[wachtwoord]

Shocking!  Typical $500 transaction costs $0.04 in fees!!  This burden will sink bitcoin.

Typical BTC $0.01 transaction costs $0.04 in fees!!
Typical $500 real money transaction: costs $0.00 in fees!!
Typical ETH transaction: costs $0.00 in fees!!

Eth isn't really meant for value transfer, but smart contracts and dao and whatever. But eth was born like 5 years before any of this is useful.

Maybe in 5 years time they'll realize how inefficient their whole platform is.

"Inefficient"? Does ETH need to burn as much electricity as a small country to simply *exist*? A bitcoiner talking about efficiency

What am I going to do? Knock on every miners door and tell them to shut down their operations, just because creating fungible value with their electricity is wrong?

Also I bet ether network is just as secure as bitcoin network is. I'm glad I know nothing about this bitcoin stuff.

Have I advised you to go knocking on miner's doors? No. Because that would be fucking stupid. Because bicoin is inefficient by design. Satoshi himself said that the cost of mining one BTC should approach the market price of 1 BTC. Imagine if banksters had to buy ~$30 of gear & burn $60 of state-subsidized coal to print a hundred-dollar bill? That's what bitcoin is *designed* to do.
But wait! That's not all!
If, by some twisted trick of fate, bitcoin lives on past teh Halvening, bitcoin "security" will be cut in half, if BTC price doesn't double. Double it will not, because the last time I cared how much miners make or lose, before buying BTC, was never.

TL;DR: You said ETH is inefficient. I pointed out that BTC is the epitome of inefficiency. Knocking on people's doors won't help; stay home and try not to cry

The day I start crying is when bitcoin goes supernova. Until that happens, I will be glad to accept any green dildo up my bum.
However tell me a thing that bitcoin can't do that ethereum is so good at? Because I can tell you at least one thing bitcoin can do that ethereum cant.

Fulfill the FOMO needs off some seriously butt-hurt individuals.

[ahpku]

The day I start crying is when bitcoin goes supernova. Until that happens, I will be glad to accept any green dildo up my bum.
However tell me a thing that bitcoin can't do that ethereum is so good at?

Make you money, as in increase your wealth sixteen-fold in half a year.

Because I can tell you at least one thing bitcoin can do that ethereum cant.

I can name theree, offhand:  Buy child porn; buy overpriced drugs; enable ransomware.

[USB-S]

The day I start crying is when bitcoin goes supernova. Until that happens, I will be glad to accept any green dildo up my bum.
However tell me a thing that bitcoin can't do that ethereum is so good at?

Make you money, as in increase your wealth sixteen-fold in half a year.

Because I can tell you at least one thing bitcoin can do that ethereum cant.

I can name theree, offhand:  Buy child porn; buy overpriced drugs; enable ransomware.

So are you the one that is going to guarantee me the sixteen fold profits?

Ether can't even buy child porn, what a joke. Vitalik you did it again, we are so proud!

[dumbfbrankings]

Shocking!  Typical $500 transaction costs $0.04 in fees!!  This burden will sink bitcoin.

Hey, look! Typical (tiny 225 byte) transaction, 8 cents!! A 100% gain in mere hours. To. The. Moon!