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

[ErisDiscordia]

Another reason nobody should support cryptocurrency over silver or gold:

http://patents.google.com/patent/US20160330034A1/en?assignee=blockstream

https://falkvinge.net/2017/05/01/blockstream-patents-segwit-makes-pieces-fall-place/

These cryptocurrency corporations tried to float the idea a while back that they were all going to launch a barrage of "defensive" patents, but you're just taking their word for it and they can be used offensively at any time to gouge people with usury fees.  The entire goal of a corporation is to maximize profits in the first place, so on a long enough timeline, it's inevitable that's what they will do.  Craptocoins are now the equivalent of proprietary Microsoft office software.  You can't "patent" the existence of silver to take it over.

Did the jewish untermensch hack your account roach? Sad!

[Last of the V8s]

ugh foreplay is so tedious. just buy her coins duh - she'll blow her top

[fluidjax]

Bitfury mines a block over 1MB
https://blockchain.info/block-height/481947

[Last of the V8s]

Bitfury mines a block over 1MB
https://blockchain.info/block-height/481947

the witness data put it over? my older nodes show ~960k

[Considered]

hahaha, spot on 

I keep checking but still no ATH.

[ghandi]

Bitfury mines a block over 1MB
https://blockchain.info/block-height/481947

Can anybody explain why this is possible and valid? Segwit should only make room for more Transactions, but doesn't change the Blocksize cap?

Only Segwit2x would allow bigger blocks?

[Last of the V8s]

[Meuh6879]

Just install a Bitcoin widget on you phone, and point it to your favourite exchange. That's what I've done.

I have a dedicate screen for that.

[ghandi]

Me too

[Torque]

https://falkvinge.net/2017/05/01/blockstream-patents-segwit-makes-pieces-fall-place/

So much logical fallacy in that retarded and ill researched article, I don't know where to begin. And smells like another hit piece against Blockstream.

Oh falkvinge, you should be ashamed of such rubbish.

[Elwar]

Price ticker pics.

This one is made to hang on the wall but I wanted it next to the TV and I'm not going to put a hole in the wall in this apartment.

[YourMother]

^ Use the big screen as a ticker and watch the TV on the laptop. This is how i do it, even with the guests.

[Searing]

Almost every week an account being hacked.

Back to the game, still on $4300 and no ATH.

I still can't fathom how they did it. I only signed in from one device. The password was stored in Chrome's manager and on my desktop, and that's it. I had a Chrome extension that wasn't properly vetted, but then I'd have thought they'd try and access my trade accounts, but nope, just Bitcointalk. It does makes me wonder if this site is compromised.

Anyway, back to up, up, up. Congrats to all hodlers.

It's the site (or so it was in the past...2014 I think it was a big hack....you still see accounts being sold from that)

[AlcoHoDL]

@{Meuh6879, ghandi, Elwar}:

Wow, you guys are pros!

I like Elwar's big font ticker, I could watch it at night with one eye, while sleeping next to the PC... 

[Wekkel]

Bitfury mines a block over 1MB
https://blockchain.info/block-height/481947

Can anybody explain why this is possible and valid? Segwit should only make room for more Transactions, but doesn't change the Blocksize cap?

Only Segwit2x would allow bigger blocks?

I cannot find a simple explanation quickly, but I understand that, first of all, Segwit is compatible with the old chain. So Segwit can work with ordinary blocks and new types of blocks (containing more information that an ordinary block). I understand that in essence, a block - think of it as a box - is made more empty so that more transactions fit into it, by cutting off a signature part that in the ordinary block takes about 50% of all space. Such modified block can contain more transactions and thus would lead to a higher tx/s limit.

I have not found an easier explanation than this article: https://segwit.org/understanding-segregated-witness-905cc712c692

Questions I still have is whether Bitcoin integrity is harmed by cutting off a signature part of a block and how the new type of (Segwit) blocks and ordinary blocks (Core) co-exist. The comments under the article also pose that question (without answers for now).

[ghandi]

Bitfury mines a block over 1MB
https://blockchain.info/block-height/481947

Can anybody explain why this is possible and valid? Segwit should only make room for more Transactions, but doesn't change the Blocksize cap?

Only Segwit2x would allow bigger blocks?

I cannot find a simple explanation quickly, but I understand that, first of all, Segwit is compatible with the old chain. So Segwit can work with ordinary blocks and new types of blocks (containing more information that an ordinary block). I understand that in essence, a block - think of it as a box - is made more empty so that more transactions fit into it, by cutting off a signature part that in the ordinary block takes about 50% of all space. Such modified block can contain more transactions and thus would lead to a higher tx/s limit.

I have not found an easier explanation than this article: https://segwit.org/understanding-segregated-witness-905cc712c692

Questions I still have is whether Bitcoin integrity is harmed by cutting off a signature part of a block and how the new type of (Segwit) blocks and ordinary blocks (Core) co-exist. The comments under the article also pose that question (without answers for now).

Thanks, that's all correct (and known to me). But still the box (as you call it) is limited to 1MB equal to 1024KB. So this block is ~8KB to big.

Or is it just a number formatting issues (powers of 10 vs. powers of 2?).

After looking at blocktrail, blockcypher and blockexplorer it looks like, blockchain.info is messing something up...

// Confusing. My bitcoin-core client (0.14.2) is reporting 1032119Bytes, equal to 1032KiloBytes (10^3), or 1007KiBi (2^10).

[AlexGR]

Bitfury mines a block over 1MB
https://blockchain.info/block-height/481947

Can anybody explain why this is possible and valid? Segwit should only make room for more Transactions, but doesn't change the Blocksize cap?

Only Segwit2x would allow bigger blocks?

Segwit is 1mb+3mb (data are "segregated" into two). So, if you add up the parts that go into the 1mb segment and the parts that go into the 3mb segment, you can go up to 4mb.

A block explorer might opt to show only the 1mb segment when counting the size, or the aggregate data of the two segments (1+3mb) to show the total size.

[Torque]

In other news, some insane price action going on right now with Gold/Silver. Watch it live.
https://goldprice.org/

http://www.silverdoctors.com/gold/gold-news/huge-gold-volume-prices-spiking-time-premarket/

Something Wicked This Way Comes...

[Ludwig Von]

In other news, some insane price action going on right now with Gold/Silver. Watch it live.
https://goldprice.org/

http://www.silverdoctors.com/gold/gold-news/huge-gold-volume-prices-spiking-time-premarket/

Something Wicked This Way Comes...

I just sold a part. And the price is only hammered down further... . Gold will only rise when the TBTF 's Fail again...

[Torque]

In other news, some insane price action going on right now with Gold/Silver. Watch it live.
https://goldprice.org/

http://www.silverdoctors.com/gold/gold-news/huge-gold-volume-prices-spiking-time-premarket/

Something Wicked This Way Comes...

I just sold a part. And the price is only hammered down further... . Gold will only rise when the TBTF 's Fail again...

I think this is canary in the coal mine action. Big players closing shorts, the club trying to keep Gold down below 1300, but each drive by less and less effective. If Gold breaks 1300 and Silver breaks 20, we could see the start of something...

I also noticed that even when the Silver paper market was smashed down all the way to $14.50 not long ago, the physical Silver market never adjusted lower than $16.90. Very telling.