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

[bitserve]

Jihan and Roger are both the biggest piece of shit i've ever seen, and all those BU fans are all just clueless sheeps.

more than most realised ...

https://www.reddit.com/r/Bitcoin/comments/63otrp/gregory_maxwell_major_asic_manufacturer_is/

Jihan might be choking on his breakfast reading in china about now ...

I'd like to see Jihan facing jail for this, unfortunately he will go off without any major damage except for laying down his name (even more) in the mud.

EDIT: actually Lerner and Timo are the guilty, Jihan only took advantage as a piece of shit he is...

Why would he not take advantage of it?

[deepcolderwallet]

I'd like to see Jihan facing jail for this, unfortunately he will go off without any major damage except for laying down his name (even more) in the mud.

EDIT: actually Lerner and Timo are the guilty, Jihan only took advantage as a piece of shit he is...

Why would he not take advantage of it?

Because of Morals and Ethics? Nevermind, unfortunately it's not universal consensus.

[gentlemand]

Because of Morals and Ethics? Nevermind, unfortunately it's not universal consensus.

That's in relatively short supply in Bitcoinland. And if this fella wasn't doing it, somebody else would be and I'm surprised everyone isn't doing it. They probably will be if they can figure out how.

I'm not totally sure where the outrage comes in here. In plenty of ways it's a much less offensive motive than the power grab which many believed BU was, which it is of course too.

[bitserve]

I'd like to see Jihan facing jail for this, unfortunately he will go off without any major damage except for laying down his name (even more) in the mud.

EDIT: actually Lerner and Timo are the guilty, Jihan only took advantage as a piece of shit he is...

Why would he not take advantage of it?

Because of Morals and Ethics? Nevermind, unfortunately it's not universal consensus.

ANTMINER is a business. He is the CEO. He is right in taking advantage of his "optimised asic"... He is wrong in trying to hide it with all that nonsense BUllshit. Now we will know how much he was wrong and if the public image damage is bigger than that 20-30% advantage.

Anyway, now that all cards are turned on the table we have a problem here. How to convince Jihan BU to lose that advantage in favor of Segwit.

[gentlemand]

Anyway, now that all cards are turned on the table we have a problem here. How to convince Jihan BU to lose that advantage in favor of Segwit.

Short of offering him his own special block reward to give up his advantage, I can't really think of a single way of doing that.

[gembitz]

I'd like to see Jihan facing jail for this, unfortunately he will go off without any major damage except for laying down his name (even more) in the mud.

EDIT: actually Lerner and Timo are the guilty, Jihan only took advantage as a piece of shit he is...

Why would he not take advantage of it?

Because of Morals and Ethics? Nevermind, unfortunately it's not universal consensus.

ANTMINER is a business. He is the CEO. He is right in taking advantage of his "optimised asic"... He is wrong in trying to hide it with all that nonsense BUllshit. Now we will know how much he was wrong and if the public image damage is bigger than that 20-30% advantage.

Anyway, now that all cards are turned on the table we have a problem here. How to convince Jihan BU to lose that advantage in favor of Segwit.

^we need BIGGER BLOCKS period this argument of segwit vs BTU is bogus .. it's more like LN vs BIG BLOCKERS!! :-D


https://blockchain.info/blocks/AntPool

~OBVIOUSLY THE BLOCKS ARE FULL^^^^

[bitserve]

Anyway, now that all cards are turned on the table we have a problem here. How to convince Jihan BU to lose that advantage in favor of Segwit.

Short of offering him his own special block reward to give up his advantage, I can't really think of a single way of doing that.

Not gonna happen.

But if I understand it correctly, those "boosted" ASICS can also mine in a "non boosted" way which is compatible with Segwit. Then the solution is clear.... When all miners are "boosted" it will be no advantage, and switching to "non-boosted" mode for Segwit will keep the status quo.

[bitserve]

I'd like to see Jihan facing jail for this, unfortunately he will go off without any major damage except for laying down his name (even more) in the mud.

EDIT: actually Lerner and Timo are the guilty, Jihan only took advantage as a piece of shit he is...

Why would he not take advantage of it?

Because of Morals and Ethics? Nevermind, unfortunately it's not universal consensus.

ANTMINER is a business. He is the CEO. He is right in taking advantage of his "optimised asic"... He is wrong in trying to hide it with all that nonsense BUllshit. Now we will know how much he was wrong and if the public image damage is bigger than that 20-30% advantage.

Anyway, now that all cards are turned on the table we have a problem here. How to convince Jihan BU to lose that advantage in favor of Segwit.

^we need BIGGER BLOCKS period this argument of segwit vs BTU is bogus .. it's more like LN vs BIG BLOCKERS!! :-D


https://blockchain.info/blocks/AntPool

~OBVIOUSLY THE BLOCKS ARE FULL^^^^

Of course it is LN vs Big Blockers. Who said otherwise?

We want Segwit and LN so that most of transactions don't end in the distributed blockchain.

[gembitz]

Anyway, now that all cards are turned on the table we have a problem here. How to convince Jihan BU to lose that advantage in favor of Segwit.

Short of offering him his own special block reward to give up his advantage, I can't really think of a single way of doing that.

Not gonna happen.

But if I understand it correctly, those "boosted" ASICS can also mine in a "non boosted" way which is compatible with Segwit. Then the solution is clear.... When all miners are "boosted" it will be no advantage, and switching to "non-boosted" mode for Segwit will keep the status quo.

^segwit is a bandaid on a bleeding stab wound !! :-D

[bitserve]

Anyway, now that all cards are turned on the table we have a problem here. How to convince Jihan BU to lose that advantage in favor of Segwit.

Short of offering him his own special block reward to give up his advantage, I can't really think of a single way of doing that.

Not gonna happen.

But if I understand it correctly, those "boosted" ASICS can also mine in a "non boosted" way which is compatible with Segwit. Then the solution is clear.... When all miners are "boosted" it will be no advantage, and switching to "non-boosted" mode for Segwit will keep the status quo.

^segwit is a bandaid on a bleeding stab wound !! :-D

Segwit+LN is a real scalable solution. Increasing the block size is the bandaid.

P.S.: I don't opposse to eventually increasing the block size. But not now, and not before implementing segwit+LN.

[gembitz]

I'd like to see Jihan facing jail for this, unfortunately he will go off without any major damage except for laying down his name (even more) in the mud.

EDIT: actually Lerner and Timo are the guilty, Jihan only took advantage as a piece of shit he is...

Why would he not take advantage of it?

Because of Morals and Ethics? Nevermind, unfortunately it's not universal consensus.

ANTMINER is a business. He is the CEO. He is right in taking advantage of his "optimised asic"... He is wrong in trying to hide it with all that nonsense BUllshit. Now we will know how much he was wrong and if the public image damage is bigger than that 20-30% advantage.

Anyway, now that all cards are turned on the table we have a problem here. How to convince Jihan BU to lose that advantage in favor of Segwit.

^we need BIGGER BLOCKS period this argument of segwit vs BTU is bogus .. it's more like LN vs BIG BLOCKERS!! :-D


https://blockchain.info/blocks/AntPool

~OBVIOUSLY THE BLOCKS ARE FULL^^^^

Of course it is LN vs Big Blockers. Who said otherwise?

We want Segwit and LN so that most of transactions don't end in the distributed blockchain.

^weeeee want to have the BIGGEST distributed blockchain ever what are you talking about fool! :-D

[gembitz]

Anyway, now that all cards are turned on the table we have a problem here. How to convince Jihan BU to lose that advantage in favor of Segwit.

Short of offering him his own special block reward to give up his advantage, I can't really think of a single way of doing that.

Not gonna happen.

But if I understand it correctly, those "boosted" ASICS can also mine in a "non boosted" way which is compatible with Segwit. Then the solution is clear.... When all miners are "boosted" it will be no advantage, and switching to "non-boosted" mode for Segwit will keep the status quo.

^segwit is a bandaid on a bleeding stab wound !! :-D

Segwit+LN is a real scalable solution. Increasing the block size is the bandaid.

P.S.: I don't opposse to eventually increasing the block size. But not now, and not before implementing segwit+LN.

^trust me you have it backwards and the LN/segwit is just a gimmick only temporary sidechain nothing sustainable imho! :-D

[gentlemand]

^trust me you have it backwards and the LN/segwit is just a gimmick only temporary sidechain nothing sustainable imho! :-D

Can you supply us with a list of sworn depositions from notable people and notarised qualifications that will convince us to trust you?

[Biodom]

Anyway, now that all cards are turned on the table we have a problem here. How to convince Jihan BU to lose that advantage in favor of Segwit.

convince him?
Cut him off, change the pow so something like this NEVER happens again.
If his machines stop working, so be it. I wouldn't mind losing all of mine providing that we have a path forward.
Besides, btc would be 2-3 times higher if not for that guy.

[gembitz]

^trust me you have it backwards and the LN/segwit is just a gimmick only temporary sidechain nothing sustainable imho! :-D

Can you supply us with a list of sworn depositions from notable people and notarised qualifications that will convince us to trust you?

^exactly! why should we trust the lightning network team?~or ANY offchain scheme? lulz :-D

[gembitz]

Anyway, now that all cards are turned on the table we have a problem here. How to convince Jihan BU to lose that advantage in favor of Segwit.

convince him?
Cut him off, change the pow so something like this NEVER happens again.
If his machines stop working, so be it. I wouldn't mind losing all of mine providing that we have a path forward.
Besides, btc would be 2-3 times higher if not for that guy.

^demonizing MINERS is just ignorant ~  we need them to process the transactions period , i don't see the problem ! ~ if they start go out of control "painting" coins or singling out transactions and censoring them we will just reset the blockchain ~ no worries! *as per satoshis original ann

[Biodom]

Anyway, now that all cards are turned on the table we have a problem here. How to convince Jihan BU to lose that advantage in favor of Segwit.

convince him?
Cut him off, change the pow so something like this NEVER happens again.
If his machines stop working, so be it. I wouldn't mind losing all of mine providing that we have a path forward.
Besides, btc would be 2-3 times higher if not for that guy.

^demonizing MINERS is just ignorant ~  we need them to process the transactions period , i don't see the problem ! ~ if they start go out of control "painting" coins or singling out transactions and censoring them we will just reset the blockchain ~ no worries! *as per satoshis original ann

I AM a miner, am i demonizing myself? LOL
You seem to be not getting the full picture here.
He has been found cheating and allegedly breaking some patents at that.
In addition, he exposed himself opposing positive technology change for secret reasons that are not aligned with community interest.

[Killerpotleaf]

FINALLY segwit will burn and we will have BIGGER BLOCKS

[Ibian]

I'd like to see Jihan facing jail for this, unfortunately he will go off without any major damage except for laying down his name (even more) in the mud.

EDIT: actually Lerner and Timo are the guilty, Jihan only took advantage as a piece of shit he is...

Why would he not take advantage of it?

Because of Morals and Ethics? Nevermind, unfortunately it's not universal consensus.

That is not a financial argument, so no.

Are people really complaining that some guy who is in the business of making money is making as much money as he possibly can? What's he gonna do, NOT maximize his profits?

[Torque]

FINALLY segwit will burn and we will have BIGGER BLOCKS

No worries, Jihan can just fork over to a wonderful, closed-source, buggy-as-hell, unlimited blocksize, fully exploitable (er "optimization-able") blockchain called BU-whatever, and mine it exclusively until his heart's content.

Only problem is, the "economic majority" won't be following.  Sorry.