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

[HairyMaclairy]

Ibian:  if your solution is to give your own money to Roger Ver, may I suggest you reconsider.

My solution is to increase the block size. Aside from whatever else has been or will be done to it. It is necessary.

Bcash offers an “enhanced” user experience.  You are welcome to change your coins at a favourable exchange rate.

Consensus was that S2X was a steaming dog turd, not the least of which it got stuck on the preceding block. We never even got a chance to experience whatever other glorious bugs lurked in its code.  The reason is because it was not peer reviewed, because 99% of developers agree that a block size increase by itself doesn’t solve anything.

The big blockers had their chance and completely blew it.  They have no credibility left. The rest of us are content to wait for LN in 2018. If we don’t achieve LN in 2018, we can revisit the issue. 

[Spaceman_Spiff_Original]

I have no f*cking clue what Cardano is or tries to archieve (nor am I very interested after a quick glance), but this https://iohk.io/ homepage effect is quite neat.

[Torque]

It is a fucking concern. Even if you, personally, are not concerned. We are rapidly approaching a limit to how many people can even use bitcoin, regardless of fee size.

We need to get Segwitting. I'm faintly appalled that it wasn't ready to roll from minute one in the Core wallet, let alone anywhere third party.

Lukejr is on record saying we ought not to be Segwitting until LN is ready. I'm not sure why, but there it is.

What is appalling is the lack of SegWit support from the very companies (like Coinbase) that were screaming for a lower fee solution. Which SegWit adoption support can give RIGHT NOW.

For Brian A. to say that "SegWit is not at the top of priorities of things our customers are asking for" is not only disingenuous, it is a complete lie. It's clear the company is not adopting SegWit because it somehow benefits their bottom line to refrain from doing so.

[bitserve]

everybody is now crazy about ripple.They missed the train with bitcoin and now are buying ripple, eth, etc, but surprisingly bitcoin price is still holding very well .

This is exactly the same that happened a few months ago (march? may?) when Bitcoin price stalled and alts were pumped big time. In the end, most of those profits returned to Bitcoin, alts stalled, and... here we are again.

[jojo69]

I have no f*cking clue what Cardano is or tries to archieve (nor am I very interested after a quick glance), but this https://iohk.io/ homepage effect is quite neat.

based on website fractals alone that is a strong buy!

[infofront]

https://twitter.com/Bitfinexed/status/941342252995096576

[realr0ach]

If anyone is wondering why the dev abandoned the bitcoin:

"I made some games, but I'm pretending like I didn't because they all turned out weird." - Nintendo rep Shigeru Miyamoto

[luckygenough56]

https://twitter.com/Bitfinexed/status/941342252995096576

oh my

i thought it was cleaning ladies buying btc...

[Ibian]

Ibian:  if your solution is to give your own money to Roger Ver, may I suggest you reconsider.

My solution is to increase the block size. Aside from whatever else has been or will be done to it. It is necessary.

Bcash offers an “enhanced” user experience.  You are welcome to change your coins at a favourable exchange rate.

Consensus was that S2X was a steaming dog turd, not the least of which it got stuck on the preceding block. We never even got a chance to experience whatever other glorious bugs lurked in its code.  The reason is because it was not peer reviewed, because 99% of developers agree that a block size increase by itself doesn’t solve anything.

The big blockers had their chance and completely blew it.  They have no credibility left. The rest of us are content to wait for LN in 2018. If we don’t achieve LN in 2018, we can revisit the issue.  

We need more throughput. Stop being a fucking tribalist and focus on what matters.

[Rosewater Foundation]

Any other alternative currencies anybody would like to casually drop in the conversation? Transaction fees got you down? Come share your concerns. Perhaps bigger blocks are the answer, because nobody ever thought of that.

Ugh.

[realr0ach]

We need more throughput. Stop being a fucking tribalist and focus on what matters.

Some dude named god just invented a new alternative currency called silver.  I'm not sure if true, but there are reports it's decentralized, immune to 51% attack, can't be forked or rough consensus attacked, and has unlimited throughput.

[gentlemand]

Any other alternative currencies anybody would like to casually drop in the conversation? Transaction fees got you down? Come share your concerns. Perhaps bigger blocks are the answer, because nobody ever thought of that.

Ugh.

No. Let's talk about new 'opportunities'.

Check this out - https://nebeus.com

They haven't even filled in the 'how it works' page.

[jojo69]

Any other alternative currencies anybody would like to casually drop in the conversation? Transaction fees got you down? Come share your concerns. Perhaps bigger blocks are the answer, because nobody ever thought of that.

Ugh.

I saw a sig ad for "bitcoin green"   


I like green

[realr0ach]

This link is probably the biggest red flag ever to tell you you should be rushing to the door to take profits:

http://thesoundingline.com/bitcoin-now-worth-more-than-all-uk-pound-banknotes-coins-in-circulation/

[HairyMaclairy]

We need more throughput. Stop being a fucking tribalist and focus on what matters.

Of course we need more throughput.  But you need to come up with something better than just increasing blocksize by itself because that’s a shit solution from a decentralization point of view.  And I’m not seeing any other options other than LN and other second layer networks.  I’m all ears if you can point to a solution.

[Rosewater Foundation]

Any other alternative currencies anybody would like to casually drop in the conversation? Transaction fees got you down? Come share your concerns. Perhaps bigger blocks are the answer, because nobody ever thought of that.

Ugh.

I saw a sig ad for "bitcoin green"   


I like green

Well played sir.

[HairyMaclairy]

Now that we have Bitcoin God, can we fork it to make Bitcoin Jesus?

[milkshock100]

This link is probably the biggest red flag ever to tell you you should be rushing to the door to take profits:

http://thesoundingline.com/bitcoin-now-worth-more-than-all-uk-pound-banknotes-coins-in-circulation/

No it’s more meaningless bankster propaganda

[luckygenough56]

This link is probably the biggest red flag ever to tell you you should be rushing to the door to take profits:

http://thesoundingline.com/bitcoin-now-worth-more-than-all-uk-pound-banknotes-coins-in-circulation/

who cares we have infinite tethers

[mike4001]

everybody is now crazy about ripple.They missed the train with bitcoin and now are buying ripple, eth, etc, but surprisingly bitcoin price is still holding very well .

This is exactly the same that happened a few months ago (march? may?) when Bitcoin price stalled and alts were pumped big time. In the end, most of those profits returned to Bitcoin, alts stalled, and... here we are again.

It's the logical step.

Wait for your altcoin to pump and pump and when you are satisfied return to the "gold-standard" and buy bitcoin to get out your profits to a (more or less) safe place.

Bitcoin's price rises and the altcoins fall again.

And at the moment MANY altcoins are pumped!