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

[404Revolution]

Breaking 24777$ prediction game

Never

[HairyMaclairy]

I don’t even have to look at the charts. I can tell the price is going up by the growing panic in the trolls.

[JayJuanGee]

I also said my part too in regard to the problematic nature of the seeming structure of your orders.  I am not trying to be a dick, but I am trying to assist your retarded ass, without being patronizing and perhaps you have some kind of explanation that would allow your system to make sense, but having your buy and sell orders so close together seems a bit naive and impractical (or did I say retarded earlier?), and I am saying those things in a loving way.    - even though I am doing it in a public thread, rather than privately.

Look, fuckwad ( ::mwah!:: )

I am glad that we enjoy a mutual appreciation for otherwise off-putting terms of endearment.  

the way to maximize profits from volatility to to place your orders such that they are as close as you deem tolerable. Right?

I do think that works for bots, but I question whether it works so well for humans - even though in theory, you seem to be correct, that the more likely that your orders fill the more likely you are going to be profitable from the various reversals, and the more likely that you are going to have an order that is close to any time that there is a reversal.  Accordingly, the closer together your orders, the more statistically likely that you are going to maximize selling at the top and buying at the bottom without exactly predicting when that top or bottom is going to be.  I agree with that.  

Placed at $250 (good call by the way), I can profit off every $250 cycle. If they were placed at (e.g.) $1000, the price could (and frequently does) make a dozen or so $250 cycles within that $1000. Yielding me $3000*unit rather than $1000*unit (or whatever BTC, if taking profit on the BTC side). And 3 is more than 1. RIGHT?

Theoretically you are correct; however, it seems that I am making way more money with $850 to $1,000 increments than I was making with smaller increments, and I am spending a lot less time managing them, but yeah, they are not filling as frequently.

So, maybe my objection is more with the amount of time spent, rather than with the philosophy; however, one other point that I had noticed, is that when my increments are larger, I seem to end up leaving less money on the table when the price out runs me, because it seems that I can spend some of my freed up time to manage my system a bit better and to step back rather than constantly setting orders when they are at smaller increments.

And it really is not that burdensome. As I stated earlier, just check the other monitor every once in a while and enter an order or two when warranted.

Fair enough.  If you personally believe that you are not stressed about your time management, then so be it.  That is your decision.

That said, just two days ago, I pulled off the $125 increment plan, having fulfilled my cash infusion desires.

Well, it seems that you are moving in the right direction to double your increments, and maybe I have gone too far with $1,000.

I recall that I was still around $100 increments when the price was $2k to $4k, but I incrementally increased to $500 increments as the price approached $10k, and $700 when the price was in the $15k territory and approaching $1k as the price approached $20k.

so once I change my increments, I change them all the way down my buy back ladder under the assumption that if the price goes shooting down, it is going to shoot down and then back up in greater increments than it took when it was first pushing up.  Furthermore, when I reset my buy increments, I can figure out a way to make them more profitable and align them with my BTC accumulation goals.. while preserving the quantity of my fiat too, so that I make sure that i have enough to buy back to the point that I feel comfortable (whether that is preparing for a 50% correction or a 80% correction or some other variation).

OTOH, several weeks ago, I had not been trading at all. But of late, I decided I wanted to make a large purchase. Mission accomplished, I will indeed be scaling back. Gradually.

Seems like you go from one extreme to another, meaning from no trading to extreme trading, but I suppose if it is accomplishing your goals, then I cannot really criticize you for that.

Retarded my ass.

Hahahahahaa.. maybe retarded is relative, no?

Your explanation might have given your practice a bit more credence, and like I said, surely I could understand tighter increments if you have short term goals like you suggest or you want to learn, or  you are just getting started so you are building up your stackings of orders, so it is possible that I am presuming more about you than I should.  My presumption is that you have possibly accumulated a similar quantity of BTC as me, and you are in very decent BTC equity and you had been trading for a while - and you seem to be pointing out that you have been taking some breaks from trading and maybe some of my presumptions are  a bit off, which would cause your system to make a bit more sense, and perhaps not quite reach the level of "retarded."     hahahahaha  

[BlindMayorBitcorn]

What if crypto is Skynet and we all die

Better than spending $40 fucking dollars in fees to send $10 fucking dollars payments  

Sorry if I sound super bitchy, but these fees are fucking destroying me at the moment.

I know a lot of y'all don't actually use Bitcoin outside of Coinbase, but for those of us that do... we are getting fucking murdered atm.  

People are getting priced out of Bitcoin, fast. We both knew it would happen. Block space is a limited resource and it always will be. I think a robust fee market is good; I think malicious, goony miners spamming up the works is shitty. But it is what it is, for now.

[JayJuanGee]

My concern is not that bcash will overtake bitcoin. It's that these attacks on bitcoin will undermine confidence in all cryptocurrency.

bcash is so fun

et tu, BAC.

I'm sick of BCore Coin being unusable and people thinking it is fucking some future tech because they put $100 in Coinbase and now it is worth $1000.

BCore Coin fucking SUCKS at the moment regardless of whatever the price is.

I wouldn't buy Bitcoin Core right now if it was $100 a coin and I fucking love Buttcoins!

There is no such thing as bcore, even though I know that you are trying to derogatorily refer to bitcoin in a way that is equivalent to the way that the world refers to Bcash.

Why don't you divest yourself from bitcoin, if that is what you are wanting to do, or perhaps just own a small part of bitcoin, and then put the rest of your efforts into bcash, if you think that bcash is some kind of superior coin that you want to shill in this bitcoin thread.

So go off to your own lillie forums rather than complaining and exaggerating nonsense about bitcoin including attempting to try to suggest that bitcoin is broken or will not overcome some of the current attacks upon it in the coming years and with increasing developing and network effects that are likely to be inevitably beneficial to bitcoin.. and sure a lot of the alts are going to profit from this too... because if bitcoin succeeds, then likely a lot of alts, ICOs, and bitcoin attack forks are also going to have some platform and some ability to profit as well from such a lucrative growth oriented environment.

so, go go go.. bugger off, BayAreaCoins. 

[JayJuanGee]

maybe bitcoin will not be able to economically and competitively process transactions under $1k.. so then bitcoin's value is going to have to be somewhere else, and perhaps for the larger and larger transactions.... maybe this will resolve itself, and maybe it will not... .. but don't fucking act as if this is some kind of purposeful thing that core developers have caused.  

Bitcoin was meant to be used by everyday people for everyday things such as vending... I don't believe Satoshi would have wasted time talking about this if it wasn't in his imagination.

The current core developers seem to have absolutely lost sight of that... hell, you seem to have lost sight of that as well.

Right now, Bitcoin Core is the most expensive way to transfer money of any amount the more I think about it.

I can send a $10,000,000 USD money wire for $25 from my bank.

I can buy two $500 Vanilla visa cards for $4.95 each ($9.90 total.)

I can send $500 for free using Facebook.

ACH for a 25 cents (been a while since I checked ACH fees).

FFS, It's fucking cheaper to Western Union right now for god sakes!!!!!!!!!!!!!!!!!!!!!!!!!

Why... would ANYONE use BCore Coin?  I can understand why people would buy BCore Coin (because you can get rich quick), but I can't understand why someone would use it with these absurd fees.

Using BCore Coin is like cashing your paycheck at a pawn shop when your bank is right across the street.

Get the fuck out of here with your "bitcoin was meant to be" language.  Either you like it or you don't.  Either you invest in it or you don't. 

If you like some other coin, then go the fuck and invest in those coins... Bye bye... adios.


There are a lot of things that bitcoin is, and there are a lot of things that are in development.  Accordingly, we know that bitcoin is not currently in any kind of locked state.  So anyone can decide whether to buy bitcoin or to sell it, and it seems to me that we have a decent chance of returning to ATHs before the end of this calendar year or soon thereafter, so in spite of your various proclamations regarding what bitcoin should be or should have been, the market is likely going to continue to vote in favor of its current value and future value and the price will likely continue to rise because of these ongoing and persistent buying pressures.

[JayJuanGee]

What if crypto is Skynet and we all die

What if ::::



NOT

[becoin]

Bitcoin has made the needed correction and is ready for the new ATH. Beecashers and bigblocktards can't do anything to stop it. Bitcoin simply doesn't care.

[BayAreaCoins]

My concern is not that bcash will overtake bitcoin. It's that these attacks on bitcoin will undermine confidence in all cryptocurrency.

bcash is so fun

et tu, BAC.

I'm sick of BCore Coin being unusable and people thinking it is fucking some future tech because they put $100 in Coinbase and now it is worth $1000.

BCore Coin fucking SUCKS at the moment regardless of whatever the price is.

I wouldn't buy Bitcoin Core right now if it was $100 a coin and I fucking love Buttcoins!

There is no such thing as bcore, even though I know that you are trying to derogatorily refer to bitcoin in a way that is equivalent to the way that the world refers to Bcash.

Why don't you divest yourself from bitcoin, if that is what you are wanting to do, or perhaps just own a small part of bitcoin, and then put the rest of your efforts into bcash, if you think that bcash is some kind of superior coin that you want to shill in this bitcoin thread.

So go off to your own lillie forums rather than complaining and exaggerating nonsense about bitcoin including attempting to try to suggest that bitcoin is broken or will not overcome some of the current attacks upon it in the coming years and with increasing developing and network effects that are likely to be inevitably beneficial to bitcoin.. and sure a lot of the alts are going to profit from this too... because if bitcoin succeeds, then likely a lot of alts, ICOs, and bitcoin attack forks are also going to have some platform and some ability to profit as well from such a lucrative growth oriented environment.

so, go go go.. bugger off, BayAreaCoins.  

I'm here to stay... thanks though.

There absolutely is such thing as BCore and I couldn't give two shits about BCash... we are actively liquidating BCash for BCore using FreeBitcoins.com, but this is getting more and more difficult as BCore fees get worse and worse by the day.

What am I exaggerating? Because the numbers I'm posting are real numbers that anyone can check...

The shit you are throwing out there is 60% horse shit, 30% pipe dreams and 10% garbage.  Basically, all I've heard you say is "We are getting spammed... there is nothing we can do about it.  I know Bitcoin is worthless right now, but maybe we find a niche for our $40 fees."

[HairyMaclairy]

Hey Bayarea - you would do well to spend less time typing and more time closing your shorts before you get rekt. 

[alexeft]

What if crypto is Skynet and we all die

What if ::::



NOT

Me likey that one! Cheers! 

[becoin]

, but this is getting more and more difficult as BCore fees get worse and worse by the day.

- This restaurant is getting worse and worse by the day!
- Why?
- Because it is more and more overcrowded every day and I can't afford to go there anymore.
- ... !?

[BayAreaCoins]

maybe bitcoin will not be able to economically and competitively process transactions under $1k.. so then bitcoin's value is going to have to be somewhere else, and perhaps for the larger and larger transactions.... maybe this will resolve itself, and maybe it will not... .. but don't fucking act as if this is some kind of purposeful thing that core developers have caused.  

Bitcoin was meant to be used by everyday people for everyday things such as vending... I don't believe Satoshi would have wasted time talking about this if it wasn't in his imagination.

The current core developers seem to have absolutely lost sight of that... hell, you seem to have lost sight of that as well.

Right now, Bitcoin Core is the most expensive way to transfer money of any amount the more I think about it.

I can send a $10,000,000 USD money wire for $25 from my bank.

I can buy two $500 Vanilla visa cards for $4.95 each ($9.90 total.)

I can send $500 for free using Facebook.

ACH for a 25 cents (been a while since I checked ACH fees).

FFS, It's fucking cheaper to Western Union right now for god sakes!!!!!!!!!!!!!!!!!!!!!!!!!

Why... would ANYONE use BCore Coin?  I can understand why people would buy BCore Coin (because you can get rich quick), but I can't understand why someone would use it with these absurd fees.

Using BCore Coin is like cashing your paycheck at a pawn shop when your bank is right across the street.

Get the fuck out of here with your "bitcoin was meant to be" language.  Either you like it or you don't.  Either you invest in it or you don't.  

If you like some other coin, then go the fuck and invest in those coins... Bye bye... adios.


There are a lot of things that bitcoin is, and there are a lot of things that are in development.  Accordingly, we know that bitcoin is not currently in any kind of locked state.  So anyone can decide whether to buy bitcoin or to sell it, and it seems to me that we have a decent chance of returning to ATHs before the end of this calendar year or soon thereafter, so in spite of your various proclamations regarding what bitcoin should be or should have been, the market is likely going to continue to vote in favor of its current value and future value and the price will likely continue to rise because of these ongoing and persistent buying pressures.

Shut the fuck up with your telling me to do this or that.  You're a fucking nobody... remember that.

If you think "Bitcoin was meant to be" $40 per transaction... you should really kill yourself.  You've been here long enough to know better than that.  

Bitcoin was meant to be used by people for goods of all sizes (candy bars to lambos & beyond).  Period.  End of story.  No fucking debating.  If you disagree... stop wasting thread space here and go read Satoshi's Bitcointalk posts.  https://bitcointalk.org/index.php?action=profile;u=3

I don't even understand how this is a debate...

[JayJuanGee]

My concern is not that bcash will overtake bitcoin. It's that these attacks on bitcoin will undermine confidence in all cryptocurrency.

bcash is so fun

et tu, BAC.

I'm sick of BCore Coin being unusable and people thinking it is fucking some future tech because they put $100 in Coinbase and now it is worth $1000.

BCore Coin fucking SUCKS at the moment regardless of whatever the price is.

I wouldn't buy Bitcoin Core right now if it was $100 a coin and I fucking love Buttcoins!

There is no such thing as bcore, even though I know that you are trying to derogatorily refer to bitcoin in a way that is equivalent to the way that the world refers to Bcash.

Why don't you divest yourself from bitcoin, if that is what you are wanting to do, or perhaps just own a small part of bitcoin, and then put the rest of your efforts into bcash, if you think that bcash is some kind of superior coin that you want to shill in this bitcoin thread.

So go off to your own lillie forums rather than complaining and exaggerating nonsense about bitcoin including attempting to try to suggest that bitcoin is broken or will not overcome some of the current attacks upon it in the coming years and with increasing developing and network effects that are likely to be inevitably beneficial to bitcoin.. and sure a lot of the alts are going to profit from this too... because if bitcoin succeeds, then likely a lot of alts, ICOs, and bitcoin attack forks are also going to have some platform and some ability to profit as well from such a lucrative growth oriented environment.

so, go go go.. bugger off, BayAreaCoins.  

I'm here to stay... thanks though.

There absolutely is such thing as BCore and I couldn't give two shits about BCash... we are actively liquidating BCash for BCore using FreeBitcoins.com, but this is getting more and more difficult as BCore fees get worse and worse by the day.

What am I exaggerating? Because the numbers I'm posting are real numbers that anyone can check...

The shit you are throwing out there is 60% horse shit, 30% pipe dreams and 10% garbage.  Basically, all I've heard you say is "We are getting spammed... there is nothing we can do about it.  I know Bitcoin is worthless right now, but maybe we find a niche for our $40 fees."

If you are so content with bitcoin and you are putting your money into it, then why you whining so much like a little bitch?

Why don't you grow the fuck up and figure out ways that you can work around any issue that you might have than trying to act as if the whole fucking sky is falling.  Get a fucking grip on reality... yeah we all fucking know that fees are high right now, so if we are trying to be practical, then we are not sending a lot of small transaction on the bitcoin blockchain if we can avoid it. and we are attempting to figure out ways that we are not personally bearing those extra costs.

I still have three outstanding transactions from a week ago.. so I know.

Furthermore, yesterday, I sold about $6k bitcoin to someone who wanted to buy some bitcoin from me.  Actually he wanted to buy $13k, and I told him that I was only going to sell him $5k, but if he wanted to get $6k, I would agree to $6k rather than $5k if he paid me $50 extra for the transaction fee.  He said o.k..... no problem.  He wanted the extra $1k and he did not mind paying the high fee. 

A day or so earlier the fee was around $20, and a couple days earlier the fee was around $12.  So I am fucking well aware of the increases in the fees, which is frustrating for me, too, but you don't see me whining about it in the same nutjob way as you, because I am figuring out work arounds, and I also understand that there is a bit of a war going on right now and there are malicious players who are attacking the bitcoin network.  I am not sure if either the attacks are going to go away or if there are ways that such spam attacks can be fixed, but I am willing to accept that the new state of bitcoin could possibly be a state in which spam attacks continue to be ongoing which causes higher fees and also causes slower transaction times and also takes away some of the lower cost use cases of bitcoin because the bcash nutjobs and who ever else is engaging in such ongoing and persistent spam attacks continue to believe it is in their interests to continue to attack bitcoin.  So in the end, this spam attack dynamic becomes the new reality of bitcoin, at least for the time being and it could persist for a long time, so we have to figure out ways to deal with it and to prepare ourself for such new situation, and if we don't like it, then we sell our bitcoins, no?  If we think that there are better solutions, then we buy into them, right?  Oh no, instead you want to whine about it, rather than figuring out some work arounds, right?

[404Revolution]

My concern is not that bcash will overtake bitcoin. It's that these attacks on bitcoin will undermine confidence in all cryptocurrency.

bcash is so fun

et tu, BAC.

I'm sick of BCore Coin being unusable and people thinking it is fucking some future tech because they put $100 in Coinbase and now it is worth $1000.

BCore Coin fucking SUCKS at the moment regardless of whatever the price is.

I wouldn't buy Bitcoin Core right now if it was $100 a coin and I fucking love Buttcoins!

There is no such thing as bcore, even though I know that you are trying to derogatorily refer to bitcoin in a way that is equivalent to the way that the world refers to Bcash.

Why don't you divest yourself from bitcoin, if that is what you are wanting to do, or perhaps just own a small part of bitcoin, and then put the rest of your efforts into bcash, if you think that bcash is some kind of superior coin that you want to shill in this bitcoin thread.

So go off to your own lillie forums rather than complaining and exaggerating nonsense about bitcoin including attempting to try to suggest that bitcoin is broken or will not overcome some of the current attacks upon it in the coming years and with increasing developing and network effects that are likely to be inevitably beneficial to bitcoin.. and sure a lot of the alts are going to profit from this too... because if bitcoin succeeds, then likely a lot of alts, ICOs, and bitcoin attack forks are also going to have some platform and some ability to profit as well from such a lucrative growth oriented environment.

so, go go go.. bugger off, BayAreaCoins.  

I'm here to stay... thanks though.

There absolutely is such thing as BCore and I couldn't give two shits about BCash... we are actively liquidating BCash for BCore using FreeBitcoins.com, but this is getting more and more difficult as BCore fees get worse and worse by the day.

What am I exaggerating? Because the numbers I'm posting are real numbers that anyone can check...

The shit you are throwing out there is 60% horse shit, 30% pipe dreams and 10% garbage.  Basically, all I've heard you say is "We are getting spammed... there is nothing we can do about it.  I know Bitcoin is worthless right now, but maybe we find a niche for our $40 fees."

If you are so content with bitcoin and you are putting your money into it, then why you whining so much like a little bitch?

Why don't you grow the fuck up and figure out ways that you can work around any issue that you might have than trying to act as if the whole fucking sky is falling.  Get a fucking grip on reality... yeah we all fucking know that fees are high right now, so if we are trying to be practical, then we are not sending a lot of small transaction on the bitcoin blockchain if we can avoid it. and we are attempting to figure out ways that we are not personally bearing those extra costs.

I still have three outstanding transactions from a week ago.. so I know.

Furthermore, yesterday, I sold about $6k bitcoin to someone who wanted to buy some bitcoin from me.  Actually he wanted to buy $13k, and I told him that I was only going to sell him $5k, but if he wanted to get $6k, I would agree to $6k rather than $5k if he paid me $50 extra for the transaction fee.  He said o.k..... no problem.  He wanted the extra $1k and he did not mind paying the high fee. 

A day or so earlier the fee was around $20, and a couple days earlier the fee was around $12.  So I am fucking well aware of the increases in the fees, which is frustrating for me, too, but you don't see me whining about it in the same nutjob way as you, because I am figuring out work arounds, and I also understand that there is a bit of a war going on right now and there are malicious players who are attacking the bitcoin network.  I am not sure if either the attacks are going to go away or if there are ways that such spam attacks can be fixed, but I am willing to accept that the new state of bitcoin could possibly be a state in which spam attacks continue to be ongoing which causes higher fees and also causes slower transaction times and also takes away some of the lower cost use cases of bitcoin because the bcash nutjobs and who ever else is engaging in such ongoing and persistent spam attacks continue to believe it is in their interests to continue to attack bitcoin.  So in the end, this spam attack dynamic becomes the new reality of bitcoin, at least for the time being and it could persist for a long time, so we have to figure out ways to deal with it and to prepare ourself for such new situation, and if we don't like it, then we sell our bitcoins, no?  If we think that there are better solutions, then we buy into them, right?  Oh no, instead you want to whine about it, rather than figuring out some work arounds, right?

Whining about somebody explaining why BTC is bad... and accusing them of whining....

All you seem to have done is prove his point. Hilarious.

[HairyMaclairy]

Fees are getting a bit better. Of course they would be much better if Coinbase and others used Segwit.

[nikauforest]

My concern is not that bcash will overtake bitcoin. It's that these attacks on bitcoin will undermine confidence in all cryptocurrency.

bcash is so fun

et tu, BAC.

I'm sick of BCore Coin being unusable and people thinking it is fucking some future tech because they put $100 in Coinbase and now it is worth $1000.

BCore Coin fucking SUCKS at the moment regardless of whatever the price is.

I wouldn't buy Bitcoin Core right now if it was $100 a coin and I fucking love Buttcoins!

There is no such thing as bcore, even though I know that you are trying to derogatorily refer to bitcoin in a way that is equivalent to the way that the world refers to Bcash.

Why don't you divest yourself from bitcoin, if that is what you are wanting to do, or perhaps just own a small part of bitcoin, and then put the rest of your efforts into bcash, if you think that bcash is some kind of superior coin that you want to shill in this bitcoin thread.

So go off to your own lillie forums rather than complaining and exaggerating nonsense about bitcoin including attempting to try to suggest that bitcoin is broken or will not overcome some of the current attacks upon it in the coming years and with increasing developing and network effects that are likely to be inevitably beneficial to bitcoin.. and sure a lot of the alts are going to profit from this too... because if bitcoin succeeds, then likely a lot of alts, ICOs, and bitcoin attack forks are also going to have some platform and some ability to profit as well from such a lucrative growth oriented environment.

so, go go go.. bugger off, BayAreaCoins.  

I'm here to stay... thanks though.

There absolutely is such thing as BCore and I couldn't give two shits about BCash... we are actively liquidating BCash for BCore using FreeBitcoins.com, but this is getting more and more difficult as BCore fees get worse and worse by the day.

What am I exaggerating? Because the numbers I'm posting are real numbers that anyone can check...

The shit you are throwing out there is 60% horse shit, 30% pipe dreams and 10% garbage.  Basically, all I've heard you say is "We are getting spammed... there is nothing we can do about it.  I know Bitcoin is worthless right now, but maybe we find a niche for our $40 fees."

If you are so content with bitcoin and you are putting your money into it, then why you whining so much like a little bitch?

Why don't you grow the fuck up and figure out ways that you can work around any issue that you might have than trying to act as if the whole fucking sky is falling.  Get a fucking grip on reality... yeah we all fucking know that fees are high right now, so if we are trying to be practical, then we are not sending a lot of small transaction on the bitcoin blockchain if we can avoid it. and we are attempting to figure out ways that we are not personally bearing those extra costs.

I still have three outstanding transactions from a week ago.. so I know.

Furthermore, yesterday, I sold about $6k bitcoin to someone who wanted to buy some bitcoin from me.  Actually he wanted to buy $13k, and I told him that I was only going to sell him $5k, but if he wanted to get $6k, I would agree to $6k rather than $5k if he paid me $50 extra for the transaction fee.  He said o.k..... no problem.  He wanted the extra $1k and he did not mind paying the high fee. 

A day or so earlier the fee was around $20, and a couple days earlier the fee was around $12.  So I am fucking well aware of the increases in the fees, which is frustrating for me, too, but you don't see me whining about it in the same nutjob way as you, because I am figuring out work arounds, and I also understand that there is a bit of a war going on right now and there are malicious players who are attacking the bitcoin network.  I am not sure if either the attacks are going to go away or if there are ways that such spam attacks can be fixed, but I am willing to accept that the new state of bitcoin could possibly be a state in which spam attacks continue to be ongoing which causes higher fees and also causes slower transaction times and also takes away some of the lower cost use cases of bitcoin because the bcash nutjobs and who ever else is engaging in such ongoing and persistent spam attacks continue to believe it is in their interests to continue to attack bitcoin.  So in the end, this spam attack dynamic becomes the new reality of bitcoin, at least for the time being and it could persist for a long time, so we have to figure out ways to deal with it and to prepare ourself for such new situation, and if we don't like it, then we sell our bitcoins, no?  If we think that there are better solutions, then we buy into them, right?  Oh no, instead you want to whine about it, rather than figuring out some work arounds, right?

Whining about somebody explaining why BTC is bad... and accusing them of whining....

All you seem to have done is prove his point. Hilarious.

+1 BayAreaCoins is entitled to his opinion

[JayJuanGee]

maybe bitcoin will not be able to economically and competitively process transactions under $1k.. so then bitcoin's value is going to have to be somewhere else, and perhaps for the larger and larger transactions.... maybe this will resolve itself, and maybe it will not... .. but don't fucking act as if this is some kind of purposeful thing that core developers have caused.  

Bitcoin was meant to be used by everyday people for everyday things such as vending... I don't believe Satoshi would have wasted time talking about this if it wasn't in his imagination.

The current core developers seem to have absolutely lost sight of that... hell, you seem to have lost sight of that as well.

Right now, Bitcoin Core is the most expensive way to transfer money of any amount the more I think about it.

I can send a $10,000,000 USD money wire for $25 from my bank.

I can buy two $500 Vanilla visa cards for $4.95 each ($9.90 total.)

I can send $500 for free using Facebook.

ACH for a 25 cents (been a while since I checked ACH fees).

FFS, It's fucking cheaper to Western Union right now for god sakes!!!!!!!!!!!!!!!!!!!!!!!!!

Why... would ANYONE use BCore Coin?  I can understand why people would buy BCore Coin (because you can get rich quick), but I can't understand why someone would use it with these absurd fees.

Using BCore Coin is like cashing your paycheck at a pawn shop when your bank is right across the street.

Get the fuck out of here with your "bitcoin was meant to be" language.  Either you like it or you don't.  Either you invest in it or you don't.  

If you like some other coin, then go the fuck and invest in those coins... Bye bye... adios.


There are a lot of things that bitcoin is, and there are a lot of things that are in development.  Accordingly, we know that bitcoin is not currently in any kind of locked state.  So anyone can decide whether to buy bitcoin or to sell it, and it seems to me that we have a decent chance of returning to ATHs before the end of this calendar year or soon thereafter, so in spite of your various proclamations regarding what bitcoin should be or should have been, the market is likely going to continue to vote in favor of its current value and future value and the price will likely continue to rise because of these ongoing and persistent buying pressures.

Shut the fuck up with your telling me to do this or that.

I am not telling you what to do, except to get the fuck out of here with your bitchy whining about things that are beyond any individual control.. and maybe you should try to deal with it, rather than trolling this thread with nonsense..

 You're a fucking nobody... remember that.

How is that relevant?  Seems like you are devolving into personal attacks, and sure I agree that this communication is not really getting anywhere, but mostly it is because you are bringing up stupid ass repetitive themes, and probably you should just go to r/btc and whine with the rest of your buddies, because participants in this thread likely just see your comments as clutter and nonsense and just continued trolling shilling and anti-bitcoining... without any real factual back up, except your factually making up shit or exaggerating things into some  drama... and take your drama to your mama.   

If you think "Bitcoin was meant to be" $40 per transaction... you should really kill yourself.  You've been here long enough to know better than that.  

Don't be putting words in my mouth.  Have you ever heard of a spam attack?  Have you ever heard that perhaps, this might be the new state of affairs for bitcoin, and we are going to to have to see how it plays out?   

It is quite likely that many of us do not like high fees, but you are trying to act as if the high fees were something that was purposefully caused... and accepted, but concededly, it is a current state of affairs that we have to deal with.

Bitcoin was meant to be used by people for goods of all sizes (candy bars to lambos & beyond).  Period.  End of story.  

Get the fuck out of here with your definition about what bitcoin was meant to be.  Bitcoin is what it is, and surely, there are developments, and hopefully, bitcoin can aspire to a lot of things, but it cannot be practically for candy bars when fees are $40.. so fuck off with that proposal.

A couple of months ago, bitcoin fees were less than a dollar, so perhaps then it could have been used for candy bars?  Whatever, we know that currently, it is not very practical to be using bitcoin for candy bars... but maybe later, perhaps.  It is not out of the realm of possibilities, even though it is not currently practical for such.

No fucking debating.  If you disagree... stop wasting thread space here and go read Satoshi's Bitcointalk posts.  https://bitcointalk.org/index.php?action=profile;u=3

Appeals to authority gets you nowhere with your ongoing nonsensical talks.

Get into the practicality of the current world rather than trying to make some prescription of what bitcoin should be... blah blah blah blah.. satoshi said, bullshit.

I don't even understand how this is a debate...

You don't see the light because you are too busy arguing and whining about how you supposedly believe bitcoin is broken and you are not trying to figure out your own work arounds (whether temporary or permantent), and you cannot see the forest for the trees, and probably you have been too busy sucking the dicks of Roger, Craig, Jihan and some of the other big blockers and bitcoin bashers.

[BayAreaCoins]

If you are so content with bitcoin and you are putting your money into it, then why you whining so much like a little bitch?

Clearly you aren't reading what I'm writing.

If you are so content with bitcoin and you are putting your money into it, then why you whining so much like a little bitch?

Why don't you grow the fuck up and figure out ways that you can work around any issue that you might have than trying to act as if the whole fucking sky is falling.  Get a fucking grip on reality... yeah we all fucking know that fees are high right now, so if we are trying to be practical, then we are not sending a lot of small transaction on the bitcoin blockchain if we can avoid it. and we are attempting to figure out ways that we are not personally bearing those extra costs.

Some of us are actually involved with Bitcoin outside of posting long pointless posts on one thread.

Sounds like you are just ready for a central Bitcoin bank that centralizes Bitcoin and have them save the day!!! Great plan... that should work well.

My grip on reality is spot on when it comes to these fees.  I deal with this reality multiple times a day when I'm liquidating folks Bitcoin Cash and sending them Bitcoin Core for FreeBitcoins.com... the reality is that BCore has some serious fucking problems right now.

I still have three outstanding transactions from a week ago.. so I know.

Holy shit!  Three whole transactions?!?!?! Jesus Christ!  

No wonder you don't care about this shit... if I was a nobody like you with no one actually counting on me to get them paid, I wouldn't be concerned either.

Furthermore, yesterday, I sold about $6k bitcoin to someone who wanted to buy some bitcoin from me.  Actually he wanted to buy $13k, and I told him that I was only going to sell him $5k, but if he wanted to get $6k, I would agree to $6k rather than $5k if he paid me $50 extra for the transaction fee.  He said o.k..... no problem.  He wanted the extra $1k and he did not mind paying the high fee.  

I've also implimented a $200 trading fee for people who wish to purchase Pappy Van Winkle from me using BCore Coin.  

A day or so earlier the fee was around $20, and a couple days earlier the fee was around $12.  So I am fucking well aware of the increases in the fees, which is frustrating for me, too, but you don't see me whining about it in the same nutjob way as you, because I am figuring out work arounds, and I also understand that there is a bit of a war going on right now and there are malicious players who are attacking the bitcoin network.  I am not sure if either the attacks are going to go away or if there are ways that such spam attacks can be fixed, but I am willing to accept that the new state of bitcoin could possibly be a state in which spam attacks continue to be ongoing which causes higher fees and also causes slower transaction times and also takes away some of the lower cost use cases of bitcoin because the bcash nutjobs and who ever else is engaging in such ongoing and persistent spam attacks continue to believe it is in their interests to continue to attack bitcoin.  So in the end, this spam attack dynamic becomes the new reality of bitcoin, at least for the time being and it could persist for a long time, so we have to figure out ways to deal with it and to prepare ourself for such new situation

Dude you're nutty as a fucking fruitloop... you sit here posting day in and day out personally attacking people who have legit issues.  Legit issues that you yourself acknowlege!  

if we don't like it, then we sell our bitcoins, no?  If we think that there are better solutions, then we buy into them, right?  Oh no, instead you want to whine about it, rather than figuring out some work arounds, right?

I'm talking about a problem and working on a way to fix it, but it's tough to fix a problem that the developers in control of are making and/or going to make so much money off.

Hell... your idea of a fix is to centralize Bitcoin and handle the transactions offchain right?  Good thinking fucktard.

[BayAreaCoins]

probably you have been too busy sucking the dicks of Roger, Craig, Jihan and some of the other big blockers and bitcoin bashers.

I'm going to end this conversation with you at this point.

Good luck with all your shit posts and I pray that people can see through "you peoples" shit.