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

[BlindMayorBitcorn]

How is [Jihan] going to make any changes that would be enforceable on the community?

it's simple. the miners decide. the users don't matter.

https://i.imgur.com/GSUXDxb.jpg

zing!

iseewhatyoudidthere.png

All joviality aside, the claim is somewhat more nuanced. To wit: non-mining, fully-validating nodes add no value to the network as a whole.

So I'm still looking for some explanation as to how Jihan might be able to enforce his nefarious goals upon the populace.

This sounds like something Stolfi would say. Non-mining, fully validating nodes _are_ the network. Miners are hired goons now. Where have you been?

Goons. Hired goons.

[Paashaas]

^ Jbreher is one of those Jonald Fyookballs, r/btc r/BCash nabs, they have absolute no idea what they are talking about. Just like Roger they think we pay $6-$8 per tx lol.

Anyway, Bitstamp is getting into Segwit 

[JayJuanGee]

satoshi's (who is dead by the way)

Evidence?

For all practical purposes, he is dead.

<<blather blather blather -ed>>

Retraction of indefensible assertion duly noted.

Apparently, you have made an executive decision that my actual response was not important, and you would rather just summarize my response as a supposed "retraction."... yeah.. right.   

Somewhere in your wall-o-text was an admission that you had no evidence that satoshi was dead, so...

yeah... double down on your editing of posts, and remove my eyeroll, too...       I am gonna quadruple eyeroll you for that kind of spinning...     

[Torque]

Gold just broke 1350 resistance. Bitcoin moving up. Silver moving up. Irma is coming. A Fed chair mysteriously resigns. Two known trolls on this thread that I have on ignore are still bantering with each other.

[Ibian]

Just like Roger they think we pay $6-$8 per tx lol.

We do, or close enough. Transfer fees are about a hundred times what they used to be in terms of fiat. And yes that is a fucking problem that needs to be fixed.

[mymenace]

Gold just broke 1350 resistance. Bitcoin moving up. Silver moving up. Irma is coming. A Fed chair mysteriously resigns. Two known trolls on this thread that I have on ignore are still bantering with each other.

Chinese now trade outside of US petro dollar, death of the petro dollar
http://tapnewswire.com/2017/09/china-moves-on-new-world-order-will-buy-oil-with-gold-backed-currency-bypassing-us-petrodollar/

Russia start sponsored crypto

https://rmc.one/ buy yours now 1 RMC for $4375


New World Order/Globalization challenged
Fake Media, Pharmaceutical Industry, Science, Archeology, Banks, Tax, Credit exposed


Blockchain to replace legacy financial systems





WINTER IS HERE

[jbreher]

So I'm still looking for some explanation as to how Jihan might be able to enforce his nefarious goals upon the populace.

Simple you centralize control of the protocol via regular mandatory hardfork and back up those hardforks with overwhelming hashing power. You also start off slow with multiple non-controversial changes to acclimate the community to your control.

Talk about hoisting one on one's own petard... If Jihan can do this to Bitcoin Cash, he can also do this to Bitcoin Segwit.

*smh*

[jbreher]

^ Jbreher is one of those ... they think we pay $6-$8 per tx lol.

No, my claim is that fees are ~1000x more on a Bitcoin Segwit transaction as compared to a Bitcoin Cash transaction. Which you would realize, were it not for your overwhelming desire to castigate all who disagree with you, rather than absorb what it is that we type. For. it is all upthread in black and white. Or in monochrome green for all you old schoolers.

But it is so much easier to straw man your way through life, innit?

[jbreher]

satoshi's (who is dead by the way)

Evidence?

For all practical purposes, he is dead.

<<blather blather blather -ed>>

Retraction of indefensible assertion duly noted.

Apparently, you have made an executive decision that my actual response was not important, and you would rather just summarize my response as a supposed "retraction."... yeah.. right.   

Somewhere in your wall-o-text was an admission that you had no evidence that satoshi was dead, so...

yeah... double down on your editing of posts, and remove my eyeroll, too...    I am gonna quadruple eyeroll you for that kind of spinning...

JJG: provably false assertion
Me: challenge to support assertion
JJG: admission
Me: retraction accepted
JJG: but... But... But...
Me: quit digging, man - it's embarrassing for all of us

[Ibian]

^ Jbreher is one of those ... they think we pay $6-$8 per tx lol.

No, my claim is that fees are ~1000x more on a Bitcoin Segwit transaction as compared to a Bitcoin Cash transaction. Which you would realize, were it not for your overwhelming desire to castigate all who disagree with you, rather than absorb what it is that we type. For. it is all upthread in black and white. Or in monochrome green for all you old schoolers.

But it is so much easier to straw man your way through life, innit?

Keeping of course in mind that the reason altcoin fees are so low is that nobody wants it. The relevant comparison is bitcoin now to bitcoin pre-political bullshit.

[Torque]

^ Jbreher is one of those ... they think we pay $6-$8 per tx lol.

No, my claim is that fees are ~1000x more on a Bitcoin Segwit transaction as compared to a Bitcoin Cash transaction. Which you would realize, were it not for your overwhelming desire to castigate all who disagree with you, rather than absorb what it is that we type. For. it is all upthread in black and white. Or in monochrome green for all you old schoolers.

But it is so much easier to straw man your way through life, innit?

News flash asshole: No one gives a shit. No one cares. No one gives a shit about XT, BU, Bitcoin Cash, 2X, or any other future fork that you trolls can cook up. Your forked shitcoins will never go anywhere, they are not supported by merchants. They are not supported by the economic majority of users. You can't buy anything with that shit. All you can do is trade it back and forth to yourself. Have fun with that.

Not to mention, that SegWit and Lightning Network are absolutely going to DESTROY all your silly arguments about transactions fees. As if you were actually trying to buy something with Bitcoin Cash anyway. Oh that's right I forgot, you can't.  

GIVE IT UP DUDE. NO ONE GIVES A SHIT. QUIT WASTING OUR TIME. STOP EMBARRASSING YOURSELF. PLEASE GO AWAY.



Back to /ignore

[JayJuanGee]

satoshi's (who is dead by the way)

Evidence?

For all practical purposes, he is dead.

<<blather blather blather -ed>>

Retraction of indefensible assertion duly noted.

Apparently, you have made an executive decision that my actual response was not important, and you would rather just summarize my response as a supposed "retraction."... yeah.. right.   

So  "dead" and "For all practical purposes, he is dead." are synonyms to you?

I already explained the context, so you want to get caught up in meaningless semantics, for what purpose?  You want to assert that Satoshi is either alive or has some kind of meaningful contribution that can be made, in current times?

In other words, it does not fucking matter if he is alive or not.. whether he is physically alive in flesh and blood or that he is "alive" for any kind of hope of contribution to the bitcoin ecospace. 

Bitcoin is currently a dynamic of contributors, and satoshi is not one of them (at least not under his "satoshi" identity), except for looking at historical context and maybe some attempts by some folks to give greater weight to some of his words that actually matter in terms of the current living dynamics of bitcoin itself.. which includes recent activation of segwit.. That is great, right?

[jbreher]

News flash asshole: GIVE IT UP. NO ONE GIVES A SHIT. PLEASE GO AWAY.

Back to /ignore

Awww.... Now you've hurt my feelings. Jeepers.

Yes I realize that there is a significant subgroup herein, for which the truth is irrelevant. News flash asshole: those ain't the people to whom I am speaking.

[BlindMayorBitcorn]

[jbreher]

[CoinCube]

In other news

A Tokyo-listed company is spending over $300 million to get into bitcoin mining
https://qz.com/1071926/japans-gmo-internet-group-plans-a-300-million-investment-in-bitcoin-mining/

GMO plans to develop its own mining chips, claiming they will operate at an unprecedented degree of efficiency. If GMO successfully introduces the chips, it would trigger an arms race within the bitcoin mining industry. The proposed chips will use 7 nanometer nodes, which would be four times more energy efficient than the current industry standard 16 nm nodes.

[Gab0]

^ Jbreher is one of those ... they think we pay $6-$8 per tx lol.

No, my claim is that fees are ~1000x more on a Bitcoin Segwit transaction as compared to a Bitcoin Cash transaction. Which you would realize, were it not for your overwhelming desire to castigate all who disagree with you, rather than absorb what it is that we type. For. it is all upthread in black and white. Or in monochrome green for all you old schoolers.

But it is so much easier to straw man your way through life, innit?

News flash asshole: No one gives a shit. No one cares. No one gives a shit about XT, BU, Bitcoin Cash, 2X, or any other future fork that you trolls can cook up. Your forked shitcoins will never go anywhere, they are not supported by merchants. They are not supported by the economic majority of users. You can't buy anything with that shit. All you can do is trade it back and forth to yourself. Have fun with that.

Not to mention, that SegWit and Lightning Network are absolutely going to DESTROY all your silly arguments about transactions fees. As if you were actually trying to buy something with Bitcoin Cash anyway. Oh that's right I forgot, you can't.  

GIVE IT UP DUDE. NO ONE GIVES A SHIT. QUIT WASTING OUR TIME. STOP EMBARRASSING YOURSELF. PLEASE GO AWAY.


Back to /ignore

Are they not supported economically?
Please answer me what does this mean?

95% of the power of the hash is pointing to segwit2x
Source: https://coin.dance/blocks

46 companies in the bitcoin ecosystem, including some of the most relevant, have indicated their support for segwit2x:
AirBitz   
Armory
Electrum
Exodus   
Gemini   
Lamassu   
Ledger   
1Hash   
Abra   
AntPool   
Bcoin   
BitClub   
Bitcoin.com (Saint Bitts LLC)   
Bitfury   
Bitmain   
BitmainWarranty   
Bitpay   
BitPesa   
Bitso   
Blockchain Luxembourg S.A.   
Bloq   
Breadwallet   
BTC.com   
btc.top   
BTCC   
BTCPOP   
Bustabit   
BW   
BX.in.th   
Canoe   
Coinbase   
Coins.ph   
Digital Currency Group   
HitBTC   
Magnr   
OB1   
OKCoin   
Prohashing   
PTYcoin   
Purse   
ripio   
SFOX   
Shapeshift.io   
Vaultoro   
ViaBTC   
Xapo
Source: https://coin.dance/poli




PD: continue ignoring anyone who disagrees with you, and soon you will not have anyone to talk to 

[JayJuanGee]

News flash asshole: GIVE IT UP. NO ONE GIVES A SHIT. PLEASE GO AWAY.

Back to /ignore

Awww.... Now you've hurt my feelings. Jeepers.

Yes I realize that there is a significant subgroup herein, for which the truth is irrelevant. News flash asshole: those ain't the people to whom I am speaking.

Jbreher:

You seem to be devolving into a nearly constant altcoin pumper who is attempting to act like the various alt coins are actually bitcoin.  Seems like you are the one who no longer fits in this thread, rather than trying to suggest that your ideas are reflective of the true vision of bitcoin or the current rule sets of bitcoin...

in other words, you are trolling bitcoin rather than being representative of the current bitcoin direction, which includes segwit and small blocks..   which you fail and refuse to concede such actual facts.

[Gab0]

News flash asshole: GIVE IT UP. NO ONE GIVES A SHIT. PLEASE GO AWAY.

Back to /ignore

Awww.... Now you've hurt my feelings. Jeepers.

Yes I realize that there is a significant subgroup herein, for which the truth is irrelevant. News flash asshole: those ain't the people to whom I am speaking.

Jbreher:

You seem to be devolving into a nearly constant altcoin pumper who is attempting to act like the various alt coins are actually bitcoin.  Seems like you are the one who no longer fits in this thread, rather than trying to suggest that your ideas are reflective of the true vision of bitcoin or the current rule sets of bitcoin...

in other words, you are trolling bitcoin rather than being representative of the current bitcoin direction, which includes segwit and small blocks..   which you fail and refuse to concede such actual facts.

and now you decide what is the "vision" bitcoin and consequently the topic of this thread? You are a little dictator
If I can not remember, who defined the "vision" bitcoin was Satoshi; and you, me, and everyone in this forum are here for the same reason.


Is not that the idea of a forum? discuss and exchange different opinions freely, in our case on the future of bitcoin and what we think is better in the short, medium and long term? You can not argue with people who think the same as you, let alone build knowledge.
It is for this reason that many call this place a "small echo chamber", for trolls like you.

[jojo69]

In other news

A Tokyo-listed company is spending over $300 million to get into bitcoin mining
https://qz.com/1071926/japans-gmo-internet-group-plans-a-300-million-investment-in-bitcoin-mining/

GMO plans to develop its own mining chips, claiming they will operate at an unprecedented degree of efficiency. If GMO successfully introduces the chips, it would trigger an arms race within the bitcoin mining industry. The proposed chips will use 7 nanometer nodes, which would be four times more energy efficient than the current industry standard 16 nm nodes.

bold claims given that Intel can't even deliver 10nm

https://semiaccurate.com/2017/09/06/intel-foundry-customer-bails/

we really need mining ASICs to become commodity items, re-democratizing mining