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

[ARTISTCOLONY]

https://medium.com/@DCGco/bitcoin-scaling-agreement-at-consensus-2017-133521fe9a77

This is fresh off the press. That's a lengthy list of signees but some conspicuous names are missing.

Segwit followed by a 2mb hard fork six months later. Will Core toss their cookies or join in the fun?

BTC===> community supports this is grrrrrreat 2mb llimit & segsterz $10000 btc inkoimth<<<

[gentlemand]

The fuck, can't believe I never heard of this until now. Free shitcoins for me, yay.

There's quite a few third party websites who'll take a cut of claiming them.

Do it directly here instead - https://just-dice.com/

It doesn't take long.  

And sign up for Byteball  - https://bitcointalk.org/index.php?topic=1608859.0 and Bitcore - https://bitcointalk.org/index.php?topic=1883902.0  while you still can too. It's all free and surprisingly valuable if you have a decent BTC balance.

[ARTISTCOLONY]

Clams are a POS Crypto mainly used by Just Dice for betting. Their distribution is based on a snapshot of the BTC, LTC and Doge blockchains in May 2014 or so. If you have a private key from back then with a balance then you can claim 4.6 CLAM per key.

The fuck, can't believe I never heard of this until now. Free shitcoins for me, yay.

dog food coin going to 2000 too? ===> bitcoin is a fire breathing dragon on steroidzzz<<<

[yefi]

And sign up for Byteball  - https://bitcointalk.org/index.php?topic=1608859.0 and Bitcore - https://bitcointalk.org/index.php?topic=1883902.0  while you still can too. It's all free and surprisingly valuable if you have a decent BTC balance.

Thanks man. Heard about the upcoming Stellar distribution, didn't know others were doing or had done something similar.

[JayJuanGee]

as i said back around 1800 or so, BUBBLES!


this is crazy territory. play at your own risk, and don't be surprised when it snaps back violently.

I agree that we are in crazy territory, no matter what, .... but the level of craziness depends, partly on what you are referring to as a bubble... Bitcoin?  or various alt coins or some combination?  

There are different levels of craziness... and in that regard, we cannot always know the extent to which one is a bubble or not, until it pops...

At the moment, looks like pretty decent buying support - but yeah, that could vanish quickly too.

I do agree... when Bitcoin does a 2x in less than 24 hours as zcash just did, or a 75x in a coueple of months just as Ripple did, or a 40x as Bitcoin itself did in 2013... then let's talk about bubble. Until then let's just call it healthy moderated growth.

We agree.

In regards to bitcoin, people talk bubble bubble bubble bullshit ever since $500 - but seem to forget that the price was on a downward correction for a year and then flat for nearly another year.  And, then when it finally went back up, it has taken nearly 2 years (well 20 months)... sure there are some really decent arguments that can be made that we are due a meaningful and large correction, especially since we have not really had one since $890 - but on the other hand, such large correction is not an absolute necessity either -

Maybe if we do another 2x within the next month or two, I may among the front of the line calling a bubble at that point, but at this point, we are a bit premature to call BTC bubble.  Now, other cryptos, that's another story.. a large number of them (in including ETH) have little to no fundamentals.  I will concede that ETH has some stronger fundamentals than some of the others, but it remains a kind of smoke and mirrors and a house of cards that could fall at any moment - but it could also get pumped another 10x to be even more unsustainable when it becomes targeted for a hacker attack or some other kind of DAO like robbing that will cause the insiders to want to hard fork it again and cause additional issues related to centralization and money being controlled by ETH committees.

[jbreher]

Clams are a POS Crypto mainly used by Just Dice for betting. Their distribution is based on a snapshot of the BTC, LTC and Doge blockchains in May 2014 or so. If you have a private key from back then with a balance then you can claim 4.6 CLAM per key.

The fuck, can't believe I never heard of this until now. Free shitcoins for me, yay.

Yeah, and back in the day. Ripple gave a buncha XRP to anyone who asked. But that was then.

[JayJuanGee]

https://medium.com/@DCGco/bitcoin-scaling-agreement-at-consensus-2017-133521fe9a77

This is fresh off the press. That's a lengthy list of signees but some conspicuous names are missing.

Signed by few miners and many web wallets. LN will make web wallet business model obsolete.

Almost all important bitcoin companies are missing.

Which ones are missing?  Can you list them in order that we can better understand who are and who are NOT ?

Sometimes, missing does not mean that they are opposed, it could mean that they are either neutral or don't want to publicly state their position, if they have one.

[rjclarke2000]

The fuck, can't believe I never heard of this until now. Free shitcoins for me, yay.

There's quite a few third party websites who'll take a cut of claiming them.

Do it directly here instead - https://just-dice.com/

It doesn't take long.  

And sign up for Byteball  - https://bitcointalk.org/index.php?topic=1608859.0 and Bitcore - https://bitcointalk.org/index.php?topic=1883902.0  while you still can too. It's all free and surprisingly valuable if you have a decent BTC balance.

So it's if you have an address from 2014. Am I buggered if I have transferred mine this year to a paper wallet?

[gentlemand]

So it's if you have an address from 2014. Am I buggered if I have transferred mine this year to a paper wallet?

If you had coins on that address at that time and you still have a copy of the private key to that address then you're good to go. Current balances don't matter and it's better not to have anything on there anyway as you have to feed your private key into the just-dice chat to get the coins.

[rjclarke2000]

So it's if you have an address from 2014. Am I buggered if I have transferred mine this year to a paper wallet?

If you had coins on that address at that time and you still have a copy of the private key to that address then you're good to go. Current balances don't matter and it's better not to have anything on there anyway as you have to feed your private key into the just-dice chat to get the coins.

Perfect. Worth a go I suppose.

Thanks

[fluidjax]

https://medium.com/@DCGco/bitcoin-scaling-agreement-at-consensus-2017-133521fe9a77

This is fresh off the press. That's a lengthy list of signees but some conspicuous names are missing.

Signed by few miners and many web wallets. LN will make web wallet business model obsolete.

Almost all important bitcoin companies are missing.

Which ones are missing?  Can you list them in order that we can better understand who are and who are NOT ?

Sometimes, missing does not mean that they are opposed, it could mean that they are either neutral or don't want to publicly state their position, if they have one.

Thinking the same.... here are s a few significant players I don't see

Bitstamp
Bitfinex
Blockstream
BTC-e
BTCJam
Cloudhashing/PeerNova
Coinfloor
Huobi
Kraken
LocalBitCoins
OKCoin
Poloniex

[kellogsblocks]

https://medium.com/@DCGco/bitcoin-scaling-agreement-at-consensus-2017-133521fe9a77

This is fresh off the press. That's a lengthy list of signees but some conspicuous names are missing.

Signed by few miners and many web wallets. LN will make web wallet business model obsolete.

Almost all important bitcoin companies are missing.

Which ones are missing?  Can you list them in order that we can better understand who are and who are NOT ?

Sometimes, missing does not mean that they are opposed, it could mean that they are either neutral or don't want to publicly state their position, if they have one.

Thinking the same.... here are s a few significant players I don't see

Bitstamp
Bitfinex
Blockstream
BTC-e
BTCJam
Cloudhashing/PeerNova
Coinfloor
Huobi
Kraken
LocalBitCoins
OKCoin
Poloniex

They will release an agreement that they will go with Bitcoin Core's BIP148 and BIP149 soon. Drama should be done then. ;-)

[mainpmf]

I want to short that!!!!
I want to click on this damn sell button so much!

I mean come on, nothing can grow and grow so steadily it HAS to go down at some point xD
Problem is that BTC doesn't want to listen to my logic, it does whatever it feels doing :p

[gentlemand]

Thinking the same.... here are s a few significant players I don't see

Bitstamp
Bitfinex
Blockstream
BTC-e
BTCJam
Cloudhashing/PeerNova
Coinfloor
Huobi
Kraken
LocalBitCoins
OKCoin
Poloniex

No BTCJam? O, the humanity.

But yes, there are some glaring omissions. Perhaps the signees are hoping that enough votes from their end will encourage the others give the nod too. It would've been impossible to get that many people in one place at one time.

And Barry Silbert said he invited several Core types but no one took him up on the offer.

[becoin]

And Barry Silbert said he invited several Core types but no one took him up on the offer.

People and companies willing to join big blocktard group are not so much!

[gentlemand]

People and companies willing to join big blocktard group are not so much!

He also offered them coffee and bagels. I'd give up my ideals for that.

[CoinCube]

Sounds like bitcoin core developers have some reservations about this.

What are bitcoin core's concerns here? Is is a concern that once blocksize is increased once further centralizing block size increases will occur?
Or do they think that widespread consensus for SegWit + 2Mb is not achievable?

I have not really been following this debate with any depth so I am trying to get up to speed.

[gentlemand]

Sounds like bitcoin core developers have some reservations about this.

What are bitcoin core's concerns here? Is is a concern that once blocksize is increased once further centralizing block size increases will occur?
Or do they think that widespread consensus to SegWit + 2Mb is not achievable?

Dunno. If the silly sausages had been there then they would've been able to voice those reservations and help draft a better agreement. A bonkers idea I know.

[CoinCube]

Dunno. If the silly sausages had been there then they would've been able to voice those reservations and help draft a better agreement. A bonkers idea I know.

Its more of a proposal without bitcoin core and the major exchanges. It's a nice starting point but without near universal support it is just a setup for a split into Bitcoin Classic and Bitcoin Whatever. We would be better off with the status quo and high fees than a contentious split.

Consensus is consensus and is very hard by definition. I agree that it is concerning that major players appear to be unwilling sit down in person for discussions.

[ARTISTCOLONY]

https://medium.com/@DCGco/bitcoin-scaling-agreement-at-consensus-2017-133521fe9a77

This is fresh off the press. That's a lengthy list of signees but some conspicuous names are missing.

Signed by few miners and many web wallets. LN will make web wallet business model obsolete.

Almost all important bitcoin companies are missing.

Which ones are missing?  Can you list them in order that we can better understand who are and who are NOT ?

Sometimes, missing does not mean that they are opposed, it could mean that they are either neutral or don't want to publicly state their position, if they have one.

Thinking the same.... here are s a few significant players I don't see

Bitstamp
Bitfinex
Blockstream
BTC-e
BTCJam
Cloudhashing/PeerNova
Coinfloor
Huobi
Kraken
LocalBitCoins
OKCoin
Poloniex

polo lmfaoooo they MUST go with the program<<<<<