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

[gentlemand]

Exactly. But one day, mining hardware competition will come. Mining pool competition will come.

I'm not worried.

In the early 1990's, there were only a few companies that made reliable modems. The only onramp people had to the WWW. And these companies enjoyed a monopoly.... for a while.

That's why I'm not worried about Bitmain. Their day of reckoning will come.

Any theories as to why they've been out front for so long? They're just a bunch of people. I don't understand why no one else in the world has caught up already.

[Torque]

Any theories as to why they've been out front for so long? They're just a bunch of people. I don't understand why no one else in the world has caught up already.

TBH, I don't either. They should be able to clone the hardware, so I assume it's the start up costs associated with tooling and production of Bitcoin miners. But you would think that by now we would start to see some commodification emerging in that area, as well as some innovations and efficiencies.

[alexeft]

Exactly. But one day, mining hardware competition will come. Mining pool competition will come.

I'm not worried.

In the early 1990's, there were only a few companies that made reliable modems. The only onramp people had to the WWW. And these companies enjoyed a monopoly.... for a while.

That's why I'm not worried about Bitmain. Their day of reckoning will come.

Any theories as to why they've been out front for so long? They're just a bunch of people. I don't understand why no one else in the world has caught up already.

Bitmain patented a way to use a bug in bitcoin code, so that their miners were some percent faster than others'. That bug was gone when segwit came. Bshit still has it though, hence the real reason for the fork (at least one of them)!  

Bshit is much fast, very network, such wow!

[savetherainforest]

A deep pocket bull just put some money down:

https://www.wsj.com/articles/a-million-dollar-bet-that-bitcoin-will-hit-50-000-1513809578?mod=e2tw

Make it cached next time for those who don't want to subscribe, make an account or give any F^$ks about making one.


https://webcache.googleusercontent.com/search?q=cache:NBR2RPtrrbsJ:https://www.wsj.com/articles/a-million-dollar-bet-that-bitcoin-will-hit-50-000-1513809578



Suck it!!! Take that WSJ shilling enterprise!!!

[Torque]

Just fyi, we may some EOY selling. Pretty typical in the equities world.

[xhomerx10]

Bitcoin gets spammed by the Ver/Wu cartel to make it seem that the network is congested and slow, and needs a block size upgrade.

The BCash camp calls it a conspiracy theory. Because no one would ever consciously do such a thing right?

Orly?

http://www.businessinsider.com/apple-battery-throttling-gives-customers-reason-to-distrust-2017-12

What ? BCash is Apple ?

More like Bitcoin is Steve Jobs and BCash is Tim Crook.

[Ludwig Von]

[/quote]

More like Bitcoin is Steve Jobs and BCash is Tim Crook.
[/quote]



[/quote]

Good one, I always make that lapsus too... .

[conspirosphere.tk]

When is it anticipated that all the bull shit spam transactions will stop? Over 248k unconfirmed transactions is ridiculous, I haven’t checked but I assume a massive % of those are spam.

When more large miners will enter in the scene so that Jihad's spam fees won't return to the spammer.

[alexeft]

For those worrying:

1) Blocks really contain more transactions as tim passes. That's segwit at work.
https://blockchain.info/charts/n-transactions-per-block?timespan=all

2) Median confirmation time is still the same (fee is higher though).
https://blockchain.info/charts/median-confirmation-time?timespan=all

3) New people are really pouring in! Stop seeing spam everywhere!
https://blockchain.info/charts/n-unique-addresses?timespan=all

 

[Torque]

Good one, I always make that lapsus too... .

Should be this:

"Winning has never been about making the most. Winning is about making only one viable product, and then gaslighting people into believing it is the best."
- Tim Cook

[alexeft]

Oh, and, yeah, bitcoin is dying!!! (Look at the graph)!
https://blockchain.info/markets

[Ludwig Von]

Good one, I always make that lapsus too... .

Should be this:

"Winning has never been about making the most. Winning is about making only one viable product, and then gaslighting people into believing it is the best."
- Tim Cook

Crook it is !

[BitcoinBunny]

Come on Ripple you can do it. Make Ver and Wu sweat.

[HanvanBitcoin]

Come on Ripple you can do it. Make Ver and Wu sweat.

Haha im loving it! Lucky i bought myself 10k more ripples on Monday  1$ hit, i wonder where this bull run will end 

[BitcoinBunny]

Come on Ripple you can do it. Make Ver and Wu sweat.

Haha im loving it! Lucky i bought myself 10k more ripples on Monday   1$ hit, i wonder where this bull run will end  

Nice one.

I only hold a few K but bought when all that cost just a few hundred bucks.

[lightfoot]

Any theories as to why they've been out front for so long? They're just a bunch of people. I don't understand why no one else in the world has caught up already.

Sure. Being in China, they are exceptionally difficult/impossible to sue. Many mining companies had lots of lawsuits and sometimes I wonder if those were funded by other mining companies, leaving bitmain....

They also actually delivered product although the recent quality seems to be.... poor.

[AlcoHoDL]

Come on Ripple you can do it. Make Ver and Wu sweat.

Haha im loving it! Lucky i bought myself 10k more ripples on Monday   1$ hit, i wonder where this bull run will end  

Nice one.

I only hold a few K but bought when all that cost just a few hundred bucks.

I hold several k of XRP... It's always nice to have variety. Funny thing is that I bought them using the airdropped coins, no fiat used. And I believe XRP is a serious coin. Serves a purpose.

XRP @ 1.04 € / $1.24 !!!

But my stash is overwhelmingly BTC. So, come on Honey BTCadger, WAKE UP!

[BitcoinBunny]

Come on Ripple you can do it. Make Ver and Wu sweat.

Haha im loving it! Lucky i bought myself 10k more ripples on Monday   1$ hit, i wonder where this bull run will end  

Nice one.

I only hold a few K but bought when all that cost just a few hundred bucks.

I hold several k of XRP... It's always nice to have variety. Funny thing is that I bought them using the airdropped coins, no fiat used. And I believe XRP is a serious coin. Serves a purpose.

XRP @ 1.04 € / $1.24 !!!

But my stash is overwhelmingly BTC. So, come on Honey BTCadger, WAKE UP!

I think Honey Badger is hibernating for a short while whilst Roger Ver and Jihan Wu are poking it with some sticks.

[gentlemand]

Come on Ripple you can do it. Make Ver and Wu sweat.

Haha im loving it! Lucky i bought myself 10k more ripples on Monday  1$ hit, i wonder where this bull run will end 

I'm positive I claimed some type of Ripple airdrop in 2013. Gawd knows where that went to.

[Flamaicon]

WTF?
WHATS HAPPEN?
All coins dump ?