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Question: What happens first:
New ATH - 43 (69.4%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26372207 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
JeremyPlew
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July 26, 2016, 04:29:49 PM

oh come on mods even coindesk can't help but talk about the forbidden coin(s)

Do you 5think the price is stagnating due to dropping hashrate? It says here https://bitcoinwisdom.com/bitcoin/difficulty the next difficulty adjustment is gonna be -6.77%, is this something to worry about? Does that mean that Bitcoin is going to be 6.77% less valuable?

Yeah, your probably right, just go ahead and sell your coins now before it's too late. K champ?

I shouldn't wait a little bit longer? I held my bitcoins like a champ all through the halvening, and then people told me it takes a while for marginal supplies to egress exchange trading pool due to slowlyness of the legacy banking cartel, and the heightening of the demand vis-a-vis the lowering of the marginal supply will begin exponentially escalating the value of Bitcoin space in a couple of short weeks...
Don't you think I should wait for another two weeks, when the price will double for sure?

We almost regained last night's losses, so I'm trying to remain cautiously optimistic.
The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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gentlemand
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July 26, 2016, 04:31:46 PM

usual lamby junk

Why not do what makes you happy? Why not go outside and see what a wonderful world there is out there? Why not volunteer on a lifeboat crew? Jesus wants so much more for you.
JeremyPlew
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July 26, 2016, 04:37:51 PM

usual lamby junk

why not do what makes you happy? why not go outside and see what a wonderful world there is out there? why not volunteer on a lifeboat crew?

This sure is not the warm and welcoming cryptocommunity I was led to expect Sad
I only hope you're not saying things you'll regret due to the floundering BTC price, because we nearly almost regained last night's losses. 654 and rising!
JimboToronto
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July 26, 2016, 04:52:03 PM

usual lamby junk

Why not do what makes you happy? Why not go outside and see what a wonderful world there is out there? Why not volunteer on a lifeboat crew? Jesus wants so much more for you.

LOL Talk about ingratitude. You make friendly suggestions about how to increase her happiness and she snaps back at you about "floundering" prices.

Maybe the lifeboat crew suggestion was especially to the point.  Cheesy
gentlemand
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July 26, 2016, 04:59:40 PM

i can't be arsed to read its response but imagine the feeling in its heart plucking a solitary floundering sailor from the waves compared to a 19 hour stretch creating new accounts on here while soiling its beanbag. where is the disconnect happening?
DaRude
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July 26, 2016, 05:58:39 PM

oh come on mods even coindesk can't help but talk about the forbidden coin(s)

Do you 5think the price is stagnating due to dropping hashrate? It says here https://bitcoinwisdom.com/bitcoin/difficulty the next difficulty adjustment is gonna be -6.77%, is this something to worry about? Does that mean that Bitcoin is going to be 6.77% less valuable?

Yeah, your probably right, just go ahead and sell your coins now before it's too late. K champ?

I shouldn't wait a little bit longer? I held my bitcoins like a champ all through the halvening, and then people told me it takes a while for marginal supplies to egress exchange trading pool due to slowlyness of the legacy banking cartel, and the heightening of the demand vis-a-vis the lowering of the marginal supply will begin exponentially escalating the value of Bitcoin space in a couple of short weeks...
Don't you think I should wait for another two weeks, when the price will double for sure?

We almost regained last night's losses, so I'm trying to remain cautiously optimistic.

Nope NLC, bitcoin has officially died (once again) please sell all your coins, and close all your accounts (including your sock puppets) now back to your regularly scheduled program
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July 26, 2016, 06:08:17 PM

i can feel the train coming.
BlindMayorBitcorn
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July 26, 2016, 06:27:42 PM

Conclusion: No 2mb hard fork in the foreseeable future for Bitcoin.

Yeah. Unless almost everyone is satisfied and going forward together I think this has killed off any chances of anything contentious ever happening. Bitcoin has far more money, far more grievances, far more mining grunt and far more ideology.

I'm calling it. The block size wars are over!
dumbfbrankings
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July 26, 2016, 07:27:36 PM

Conclusion: No 2mb hard fork in the foreseeable future for Bitcoin.

Yeah. Unless almost everyone is satisfied and going forward together I think this has killed off any chances of anything contentious ever happening. Bitcoin has far more money, far more grievances, far more mining grunt and far more ideology.

I'm calling it. The block size wars are over!

1MB4EVA! We did it gentlemen!
kobilica
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July 26, 2016, 07:29:51 PM

Bitcoin price is rising again.. looks like back to 666$  Roll Eyes
BlindMayorBitcorn
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July 26, 2016, 07:37:22 PM

Conclusion: No 2mb hard fork in the foreseeable future for Bitcoin.

Yeah. Unless almost everyone is satisfied and going forward together I think this has killed off any chances of anything contentious ever happening. Bitcoin has far more money, far more grievances, far more mining grunt and far more ideology.

I'm calling it. The block size wars are over!

1MB4EVA! We did it gentlemen!

Until everyone agrees to leave the house, there is no fire.
dumbfbrankings
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July 26, 2016, 08:21:32 PM

Conclusion: No 2mb hard fork in the foreseeable future for Bitcoin.

Yeah. Unless almost everyone is satisfied and going forward together I think this has killed off any chances of anything contentious ever happening. Bitcoin has far more money, far more grievances, far more mining grunt and far more ideology.

I'm calling it. The block size wars are over!

1MB4EVA! We did it gentlemen!

Until everyone agrees to leave the house, there is no fire.

Wiser words were never spoken. Wharton School of Business?
BlindMayorBitcorn
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July 26, 2016, 08:31:44 PM

I think that was Barry Manilow.
julian071
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July 26, 2016, 08:39:56 PM

Just bought a game on Steam using BTC. Have to wait until it confirms. Bearish.

Edit: aaaand it's there. Bullish.
gentlemand
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July 26, 2016, 08:57:23 PM

So do we think that other coin (s) forking fun is going to have repercussions for all crypto?

Someone else pointed out elsewhere that an SEC bod considering the ETFs is going to have cause to wonder if there's a possibility of the underlying asset suddenly going batshit insane and splintering off in all directions. You can't fork gold.
tomothy
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July 26, 2016, 09:01:03 PM

Conclusion: No 2mb hard fork in the foreseeable future for Bitcoin.

Yeah. Unless almost everyone is satisfied and going forward together I think this has killed off any chances of anything contentious ever happening. Bitcoin has far more money, far more grievances, far more mining grunt and far more ideology.

I'm calling it. The block size wars are over!

I think it's a bit early to call the war over. As hash rate continues to drop... let's at least wait until the middle of August... If we rally >850, /shrug war is over. But if we don't and soon. I think we will have some excitement. I hope to be wrong however. If anything, recent developments simply show how committed each party is to their entrenched values. There is no compromise. This is war.
AlexGR
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July 26, 2016, 09:11:46 PM

So do we think that other coin (s) forking fun is going to have repercussions for all crypto?

Yes, we can bury the concept that contentious forks are a good idea... if this clusterfuck is happening with 85-15, imagine 75-25 scenarios or 51%.
AlexGR
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July 26, 2016, 09:20:42 PM

This unfortunately hurts our whole ecosystem including bitcoin as well.

It was a clusterfuck to begin with, so it was just a matter of time before it imploded, forked, whatever. It was an experiment and as such it could fail in multiple ways.
dumbfbrankings
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July 26, 2016, 09:39:09 PM

So do we think that other coin (s) forking fun is going to have repercussions for all crypto?

Yes, we can bury the concept that contentious [hard] forks are a good idea... if this clusterfuck is happening with 85-15, imagine 75-25 scenarios or 51%.

FTFY

Contentious soft forks are the way to go, what better way to change our immutable protocol than by dragging along all those who disagree with us? It's the cypherpunk way.
BlindMayorBitcorn
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July 26, 2016, 09:45:10 PM

So do we think that other coin (s) forking fun is going to have repercussions for all crypto?

Yes, we can bury the concept that contentious [hard] forks are a good idea... if this clusterfuck is happening with 85-15, imagine 75-25 scenarios or 51%.

FTFY

Contentious soft forks are the way to go, what better way to change our immutable protocol than by dragging along all those who disagree with us? It's the cypherpunk way.

I'd say r/btc socially engineered all the big blockers into ETH. I doubt we have many left.
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