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

[Meuh6879]

I heard noise, right now.

[1714996628]

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[1714996628]

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[Assmaster2000]

^So French...

[Meuh6879]

[korila]

who is this gal with sexy b00bs

[USB-S]

[finkelsteinMonster]

Question: Anyone playing with Lisk? Might actually float up ~30% before heading back down, but what do I know...

Lisk (LSK) $0.368027 (-22.92%)

[Syke]

"It can be phased in, like:

if (blocknumber > 115000)
    maxblocksize = largerlimit

It can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don't have it are already obsolete.

When we're near the cutoff block number, I can put an alert to old versions to make sure they know they have to upgrade." - Craig Wright

I see what you did there.

[albert73]

"It can be phased in, like:

if (blocknumber > 115000)
    maxblocksize = largerlimit

It can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don't have it are already obsolete.

When we're near the cutoff block number, I can put an alert to old versions to make sure they know they have to upgrade." - Craig Wright

I see what you did there.

Craig Wright's a ginormous block size proponent, he would have written something like the below quote, with the proviso that the blockchain moves to a private network for banks controlled solely by him.

"It can be phased in, like:

if (blocknumber > 115000)
    maxblocksize = 200GB

It can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don't have it are already obsolete.

When we're near the cutoff block number, I can put an alert to old versions to make sure they know they have to upgrade." - Craig Wright

[ImI]

470$ seems to be too strong again.

[yefi]

What am I looking at? BitTorrent traffic*? Which is not regulated and is perfectly legal? You're telling me that while internet traffic is increasing at exponential rate, the perfectly legal & unregulated BitTorrent traffic is also increasing, albeit at a much lower rate? This is, indeed, amazing

P2P traffic. It is mostly a poke at your Gnutella chart, as the preferred method of piracy has obviously shifted. If piracy is consuming a smaller percentage of global bandwidth, I'd suggest this is due to streaming services such as Netflix which reduce the incentive, rather than due to anti-P2P endeavours.

Now you're starting to get it. And lower likelihood of getting paid lowers the profitability of your khrymez. Q.E.D., my rebellious friend

Banning ransom payments isn't going to work because enough people will pay to still make it a profitable venture. This is why it isn't good enough, beside the fact that you're criminalizing the victims who do pay, a fact exploitable by the still-not-discouraged hackers.

[BlindMayorBitcorn]

In particular, we have identified seven causes for concern that can cause DAO participants to engage in strategic behaviors. Some of these behaviors can cause honest DAO investors to have their investments hijacked or committed to proposals against their interest and intent.

http://hackingdistributed.com/2016/05/27/dao-call-for-moratorium/

[kehtolo]

Been down so god damn long.. that it looks like up to me...

[yefi]

In particular, we have identified seven causes for concern that can cause DAO participants to engage in strategic behaviors. Some of these behaviors can cause honest DAO investors to have their investments hijacked or committed to proposals against their interest and intent.

http://hackingdistributed.com/2016/05/27/dao-call-for-moratorium/

The dump that will commence soon on Polo is going to be epic. Always good for some extra BTC.

[JayJuanGee]

470$ seems to be too strong again.

You are still coming off as a kind of glass half empty sort of dude, and as if nothing is going to be enough for you. 

The fact of the matter is that we had a nice little 5% rally.

And, really, even if many of us pro BTC folks are BTC HODLers and accumulators and we are looking forward to a price explosion, it is not really healthy or even realistic to expect too much too soon.   If it happens it happens, and we can count our blessings, but we could be in this sub $500's price territory for several weeks, and the situation remains remarkably bullish... and should even be profitable for a large number of folks.

Yeah, there may be a large number of folks that still have average BTC prices between $600 and $800, or even higher, but the fact of the matter is that most of us (including you who has had an account here for more than 3 years) should realize that markets can remain irrational for a very long time.. and we gotta play the markets in order to better our position and actually rejoice that we had a 5% rally in the past 48 hours... which also coincides with nearly a 20% rally over the past couple of months and more than a 100% rally in the past 10 months.... Currently, we are in a good place in bitcoinlandia, even if BTC prices take another 2 years to upwardly explode (which really I don't think that such upward explosion is going to take 2 years, but we should be mentally prepared for such possibility because it could happen).

[ImI]

Yeah, you are right. I am just surprised (and a little bit annoyed) that this silly 470$ mark still keeps us back.

[clopoterian]

What am I looking at? BitTorrent traffic*? Which is not regulated and is perfectly legal? You're telling me that while internet traffic is increasing at exponential rate, the perfectly legal & unregulated BitTorrent traffic is also increasing, albeit at a much lower rate? This is, indeed, amazing

P2P traffic. It is mostly a poke at your Gnutella chart,

Gnutella and Kad network are relatively novel

You give me e.g., I give you chart.

as the preferred method of piracy has obviously shifted. If piracy is consuming a smaller percentage of global bandwidth, I'd suggest this is due to streaming services such as Netflix which reduce the incentive, rather than due to anti-P2P endeavours.

You give me an e.g. (file sharing), I explain to you that not only is file sharing legal, but despite of it being legal, it's still getting less popular.
And still you complain

Now you're starting to get it. And lower likelihood of getting paid lowers the profitability of your khrymez. Q.E.D., my rebellious friend

Banning ransom payments isn't going to work because enough people will pay to still make it a profitable venture. This is why it isn't good enough, beside the fact that you're criminalizing the victims who do pay, a fact exploitable by the still-not-discouraged hackers.

I have not suggested "Banning ransom payments," that was you. I did suggest that making beetcoin illegal would make it less attractive to ransomware scumbags disruptive beadcoin entrepreneurs who extort hospitals.
Because demanding to be paid in Bleetcoins would assure that the aforementioned paradigm-shifters will not get paid, making their douchebaggery objectively unprofitable, all for naught.
Q.E.D.
http://s33.postimg.org/ar861551r/anim.gif
Jeesh

[marcus_of_augustus]

Yeah, you are right. I am just surprised (and a little bit annoyed) that this silly 470$ mark still keeps us back.

It's not actually $470 but it was 3000 yuan mark in China, which was close to 470 but changing due to the exchange rate ... and now it is $500 that it is eyeing, so we will set-up a foundation to have a run at that from here somewhere .... or a big wave of new fiat defects and it soon blows through on another $30 busting run higher.

[jbreher]

seems like BTC prices are gonna have to go below $430 or even lower to put me back in the red

Don't think that's gonna happen. Congratulations. Sincerely.

[Assmaster2000]

“We were aiming towards the clouds, not on building a mediocre midsize business. We took the big investors and chances spirit. But it has not paid off.” -- Sam "King" Cole
https://youtu.be/yJxCdh1Ps48

[SheHadMANHands]

Stamp is drunk as hell...