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

[Ibian]

So I'm heading off to thailand fully paid for by the free coins tomorrow, and I need a new suitcase. I'm thinking pink for easy visibility, but maybe an ugly yellow would work too. Thoughts?

Yeah... Why would someone go to Thailand instead of Las Vegas?

The fuck would I do in vegas except go broke?

Thailand is cheap, is not FUCKING COLD and has some of the best food in the world. Also, bargirls.

Besides the obvious, I'm very curious to see if I can make enough money trading bitcoin with the locals to pay for the stay. If so, why would I not live in a high quality hotel in a great country instead of a far more expensive apartment in a frozen wasteland?

[AlexGR]

The 2x part will never happen in November but who cares?  Bigblockers have finally there BCash coin with no Segwit+8mb blocks...thats what they wanted, right?

What they want is control. Block sizes are irrelevant
 

Miners already have enough control with their hashrate. I prefer a plurality of influencing actors (miners, exchanges, developers, main whales, relevant individuals, users, etc) as a form of power decentralisation.

I do agree block size is not that much relevant (within some common sense boundaries). So that's why I am fine with a moderate (2x) blocksize increase.... delivered by CORE developers and in the safest possible way.

I am totally in disagreement with more power/control "flippening". Let's just have some respect to the "status quo" that have lead us to where we are right now and keep evolving slowly and without ridiculous experiments and power unbalances.

We've already blown past 2x blocksize, as segwit has an effective capacity of 3mb+.

With 2x blocks, that becomes not 2mb, but 7mb.

[K~Ehleyr]

Also, bargirls.

Besides the obvious, I'm very curious...

Well it is Thailand!  Have fun 

[bitserve]

So I'm heading off to thailand fully paid for by the free coins tomorrow, and I need a new suitcase. I'm thinking pink for easy visibility, but maybe an ugly yellow would work too. Thoughts?

Yeah... Why would someone go to Thailand instead of Las Vegas?

The fuck would I do in vegas except go broke?

Thailand is cheap, is not FUCKING COLD and has some of the best food in the world. Also, bargirls.

Besides the obvious, I'm very curious to see if I can make enough money trading bitcoin with the locals to pay for the stay. If so, why would I not live in a high quality hotel in a great country instead of a far more expensive apartment in a frozen wasteland?

Oh, if you think so you are doing it wrong (The Vegas thing). It's not you who needs to do the spending on gambling, but all the other losers who's uncontrolled spending give you access to great hotels, services and shows for ridiculous cheap prices.  I never ever gamble unless some rare occasion for fun and getting more value in free drinks than the (very little) cash spent on the game.

I fucking love Las Vegas and its hot/dry summer which is very similar to my place, so I feel at home

Interesting you plan on to do local trading on Thailand... anyway, enjoy your "hard earned" (lol) trip on Ver's Bcash

[bitserve]

175BTC WALL at $3300 on Bitstamp.

[infofront]

Mr Ver payed for my trip to Vegas in a few weeks. Thanks Roger!

[rjclarke2000]

175BTC WALL at $3300 on Bitstamp.

Wall? Bitserve are you on topic?

[machasm]

175BTC WALL at $3300 on Bitstamp.

Already down to 92 left. Its being eaten

[bitserve]

175BTC WALL at $3300 on Bitstamp.

Wall? Bitserve are you on topic?

Always! I can't be blamed if in the meantime there's no fucking wall to observe!

Someone already expressed it very clearly: Observing walls is a fucking boring activity so the thread evolved to something completely different.

[jojo69]

175BTC WALL at $3300 on Bitstamp.

my god, an actual wall observation...in this thread

will wonders never cease?

[bitserve]

175BTC WALL at $3300 on Bitstamp.

Already down to 92 left. Its being eaten

Aaaaaand it's gone!

[Torque]

[Gab0]

That's why blocksize increase is an increase in CAPACITY but not a scaling solution, and Segwit+LN is an increase in Scaling (and thus in capacity).

How do you plan to liquidate your tx LN in a disabled blockchain?
Oh, right, paying $ 100 in fees.

Increasing the size of the blocks is a scalability solution.

[lightfoot]

Oh, if you think so you are doing it wrong (The Vegas thing). It's not you who needs to do the spending on gambling, but all the other losers who's uncontrolled spending give you access to great hotels, services and shows for ridiculous cheap prices.  I never ever gamble unless some rare occasion for fun and getting more value in free drinks than the (very little) cash spent on the game.

I fucking love Las Vegas and its hot/dry summer which is very similar to my place, so I feel at home

Just got back from Vegas. Somewhat crowded, hookers are busy, and the bitcoin ATM is no longer on the darn strip. Annoying.

Personally I play craps, specifically dont pass/don't come bets with odds. It's pretty much the closest you can get to true even odds on the strip, it's impossible for the house to cheat, and you can watch people place stupid bets with the stick man. Great way to people watch for a few hours. But I will have to consider Thailand for my next vacation.

[bitserve]

That's why blocksize increase is an increase in CAPACITY but not a scaling solution, and Segwit+LN is an increase in Scaling (and thus in capacity).

How do you plan to liquidate your tx LN in a disabled blockchain?
Oh, right, paying $ 100 in fees.

Increasing the size of the blocks is a scalability solution.

As I have previously said I am pro reasonable block size increases as needed to provide the adequate infraestructure for both on-chain tx's AND LN settlements.

P.S.: Can you guys understand that there's not only small/big blockers but also us RIGHTBLOCKERS?

[Paashaas]

Mr Ver payed for my trip to Vegas in a few weeks. Thanks Roger!

Roger that!

[bitserve]

Oh, if you think so you are doing it wrong (The Vegas thing). It's not you who needs to do the spending on gambling, but all the other losers who's uncontrolled spending give you access to great hotels, services and shows for ridiculous cheap prices.  I never ever gamble unless some rare occasion for fun and getting more value in free drinks than the (very little) cash spent on the game.

I fucking love Las Vegas and its hot/dry summer which is very similar to my place, so I feel at home

Just got back from Vegas. Somewhat crowded, hookers are busy, and the bitcoin ATM is no longer on the darn strip. Annoying.

Personally I play craps, specifically dont pass/don't come bets with odds. It's pretty much the closest you can get to true even odds on the strip, it's impossible for the house to cheat, and you can watch people place stupid bets with the stick man. Great way to people watch for a few hours. But I will have to consider Thailand for my next vacation.

There wasn't a Bitcoin ATM on The Linq?

Anyway I have not reached yet the level in which I pay my spending from Bitcoin even if I could, but I prefer to spend from fiat instead.

I sometimes do play Jack's or better bar machines or Blackjack. In both I can receive more in free drinks than what I lose (long term), so it's fine to me plus I do enjoy it very occassionaly. But I love vegas for the pools, the shows, the attractions, the concerts, the shopping, some discos (I love The Rio's Vodoo Lounge... that Witch Doctor is the best fucking cocktail EVER!), etc etc....

I avoid table games. Worse ROI if you consider the free drinks (which come slower than the minimun spending rate).

I am not a gambler. Mainly because I don't like playing losing games. But i fucking love Vegas for everything else.

This will be the first year I go to Vegas at a different date than Defcon. Last time was when it was at the Paris.

[eXpl0sive]

SegWit2x reaffirm their hard fork plan:
https://github.com/segwit2x/segwit2x.github.io/pull/6/files

So you're telling me that i will own 3 different Bitcoins with same private key? MOAR FREE COINS?

[fabiorem]

SegWit2x reaffirm their hard fork plan:
https://github.com/segwit2x/segwit2x.github.io/pull/6/files

So you're telling me that i will own 3 different Bitcoins with same private key? MOAR FREE COINS?

This is inflation. That's the reason why bitcoin is not 4000 yet.

[Gab0]

That's why blocksize increase is an increase in CAPACITY but not a scaling solution, and Segwit+LN is an increase in Scaling (and thus in capacity).

How do you plan to liquidate your tx LN in a disabled blockchain?
Oh, right, paying $ 100 in fees.

Increasing the size of the blocks is a scalability solution.

As I have previously said I am pro reasonable block size increases as needed to provide the adequate infraestructure for both on-chain tx's AND LN settlements.

Could you explain to me, please, how will the LN transactions be processed in a decentralized way?

It seems to me that the value of a currency comes from its utility.
If we artificially limit the use of bitcoin to offchain transactions, we are limiting its value.

Bitcoin can be a store of value as long as it maintains its usefulness.