Bitcoin Forum
November 11, 2024, 06:21:46 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Price Target for Nov. 30, 2024:
<$75K - 0 (0%)
$75K to $80K - 0 (0%)
$80K to $85K - 0 (0%)
$85K to $90K - 2 (16.7%)
>$90K - 10 (83.3%)
Total Voters: 12

Pages: « 1 ... 20684 20685 20686 20687 20688 20689 20690 20691 20692 20693 20694 20695 20696 20697 20698 20699 20700 20701 20702 20703 20704 20705 20706 20707 20708 20709 20710 20711 20712 20713 20714 20715 20716 20717 20718 20719 20720 20721 20722 20723 20724 20725 20726 20727 20728 20729 20730 20731 20732 20733 [20734] 20735 20736 20737 20738 20739 20740 20741 20742 20743 20744 20745 20746 20747 20748 20749 20750 20751 20752 20753 20754 20755 20756 20757 20758 20759 20760 20761 20762 20763 20764 20765 20766 20767 20768 20769 20770 20771 20772 20773 20774 20775 20776 20777 20778 20779 20780 20781 20782 20783 20784 ... 33914 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26491691 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
yefi
Legendary
*
Offline Offline

Activity: 2842
Merit: 1511



View Profile
July 16, 2018, 05:46:20 PM

Looking good Bitcoin, looking good Smiley
bitserve
Legendary
*
Online Online

Activity: 1862
Merit: 1530


Self made HODLER ✓


View Profile
July 16, 2018, 05:48:06 PM
Merited by Last of the V8s (1)

Looking forward to some quality Schnorr FUD from Jbear and crew.  

I don't know why you'd think that. I don't believe I have previously espoused an opinion on Schnorr sigs.

You basically said Schnorr signatures would do nothing to alleviate the scaling issue. That would qualify as an opinion.

Hmm. I guess you know more about my past postings than do I. Link?

Schnorr can obviously reduce the size of txs that have multiple elements. I wouldn't say that is 'nothing'. If this be shown to be a reversal of a previously held opinion, then so be it.

Of course, my final opinion would be driven by an analysis of not merely the benefits of Schnorr, but also its costs.

edit: Oh - I see you've added the link. Thank you. I shall quote:

Quote
Currently it would take over 30 years to send each person on earth a single Bitcoin transaction. Think about that.

Lightning does nothing to alleviate that.
Segwit does nothing to alleviate that.
Schnorr sigs does nothing to alleviate that.

True enough. If you wish to send every person on earth a single Bitcoin tx (e.g., perhaps to open an LN channel), it will take on the order of three decades. And Schnorr indeed does nothing to alleviate that. It is a true statement, and it is not identical to "Schnorr signatures would do nothing to alleviate the scaling issue".

Your assertion is shown to be false.

After re-reading your post I stand corrected on my interpretation and agree you were referring to a very extreme theoretical scenario where all the block space is used exclusively for opening channels for every person on earth.

I am glad to hear you agree that Schnorr signatures could have some impact on scaling improvement depending on circumstances.
jbreher
Legendary
*
Offline Offline

Activity: 3052
Merit: 1665


lose: unfind ... loose: untight


View Profile
July 16, 2018, 05:52:04 PM
Merited by Last of the V8s (1)

I believe Satoshi died with Dave and Hal.

Dave? Hal? WTF!?





DaRude
Legendary
*
Offline Offline

Activity: 2905
Merit: 1919


In order to dump coins one must have coins


View Profile
July 16, 2018, 05:53:41 PM

Looking forward to some quality Schnorr FUD from Jbear and crew.  

I don't know why you'd think that. I don't believe I have previously espoused an opinion on Schnorr sigs.

You basically said Schnorr signatures would do nothing to alleviate the scaling issue. That would qualify as an opinion.

Hmm. I guess you know more about my past postings than do I. Link?

Schnorr can obviously reduce the size of txs that have multiple elements. I wouldn't say that is 'nothing'. If this be shown to be a reversal of a previously held opinion, then so be it.

Of course, my final opinion would be driven by an analysis of not merely the benefits of Schnorr, but also its costs.

edit: Oh - I see you've added the link. Thank you. I shall quote:

Quote
Currently it would take over 30 years to send each person on earth a single Bitcoin transaction. Think about that.

Lightning does nothing to alleviate that.
Segwit does nothing to alleviate that.
Schnorr sigs does nothing to alleviate that.

True enough. If you wish to send every person on earth a single Bitcoin tx (e.g., perhaps to open an LN channel), it will take on the order of three decades. And Schnorr indeed does nothing to alleviate that. It is a true statement, and it is not identical to "Schnorr signatures would do nothing to alleviate the scaling issue".

Your assertion is shown to be false.

And if that each person wanted to make just 32 transactions to different people bcash would need 30yrs to process that. Think about that!
Arching_wild
Member
**
Offline Offline

Activity: 252
Merit: 12


View Profile
July 16, 2018, 05:55:07 PM

starmman
Legendary
*
Offline Offline

Activity: 1484
Merit: 1029



View Profile
July 16, 2018, 05:56:05 PM

Thanks for sharing - was wondering where the increase came from =)
bitcoinPsycho
Legendary
*
Online Online

Activity: 2660
Merit: 2450


$120000 in 2024 Confirmed


View Profile
July 16, 2018, 06:08:01 PM

BTC to  Kiss$7000 in 2 days please
Just another $500 to go Smiley

make that $330.      C'mon bitcoin
jbreher
Legendary
*
Offline Offline

Activity: 3052
Merit: 1665


lose: unfind ... loose: untight


View Profile
July 16, 2018, 06:16:41 PM

And if that each person wanted to make just 32 transactions to different people bcash would need 30yrs to process that. Think about that!

I have thought about that. Today, that is indeed the case. Or even maybe longer - as 32MB is the currently supported max, which is subject to miners' decisions to create blocks smaller than max.

Which is, of course, why there has been discussion within the BCH development community -- for as long as there has been a BCH -- on other orthogonal approaches to scaling.

So while true today, it will be false for some value of 'tomorrow'.

In the meantime, BCH is not suiciding itself for the sake of some illusory benefit of 'decentralization' along some axis that is entirely irrelevant.
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1414
Merit: 2174


Degenerate bull hatter & Bitcoin monotheist


View Profile
July 16, 2018, 06:21:54 PM

Why did the blonde schnorrt sweet n' low? She thought it was diet coke.
Biodom
Legendary
*
Offline Offline

Activity: 3934
Merit: 4459



View Profile
July 16, 2018, 06:27:47 PM

yesterday's rant =>today's gain
however, i am not falling into
post hoc, ergo propter hoc fallacy

No, siree  Tongue.
Phil_S
Legendary
*
Online Online

Activity: 2121
Merit: 1567


We choose to go to the moon


View Profile
July 16, 2018, 07:02:12 PM

Price dynamic seems different today.

It's no longer sideways->jump->sideways.
Last of the V8s
Legendary
*
Offline Offline

Activity: 1652
Merit: 4392


Be a bank


View Profile
July 16, 2018, 07:03:57 PM

That Jeff Bezos. He's not schnorrt of a bob or two.
jojo69
Legendary
*
Offline Offline

Activity: 3346
Merit: 4636


diamond-handed zealot


View Profile
July 16, 2018, 07:05:20 PM

Elwar
Legendary
*
Offline Offline

Activity: 3598
Merit: 2386


Viva Ut Vivas


View Profile WWW
July 16, 2018, 07:10:07 PM

This is not good.


Triple top is in.  Undecided
Last of the V8s
Legendary
*
Offline Offline

Activity: 1652
Merit: 4392


Be a bank


View Profile
July 16, 2018, 07:12:09 PM

https://bitcoinwisdom.io/markets/bitfinex/btcusd

yay
Searing
Copper Member
Legendary
*
Offline Offline

Activity: 2898
Merit: 1465


Clueless!


View Profile
July 16, 2018, 07:15:55 PM



The price of BTC is creeping up IMHO on the off chance that the SEC will approve the 'top heavy for the rich' ETF next month

https://bitcoinist.com/3-reasons-sec-bitcoin-etf-next-month/

The danger is, if that does NOT go thru...the price, again IMHO, will dump below 6k again

be cautious

brad
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1414
Merit: 2174


Degenerate bull hatter & Bitcoin monotheist


View Profile
July 16, 2018, 07:27:40 PM

We have another year of this guys.  Just stay level otherwise you will wear yourselves out.
Rosewater Foundation
Sr. Member
****
Offline Offline

Activity: 392
Merit: 254



View Profile
July 16, 2018, 07:28:54 PM

I believe Satoshi died with Dave and Hal.

Dave? Hal? WTF!?






spooky.
Last of the V8s
Legendary
*
Offline Offline

Activity: 1652
Merit: 4392


Be a bank


View Profile
July 16, 2018, 07:35:54 PM

We have another year of this guys.  Just stay level otherwise you will wear yourselves out.
So you're saying 4% gainz per day for a year will wear us out?
Sure. xclnt point
gembitz
Hero Member
*****
Offline Offline

Activity: 1834
Merit: 639


*Brute force will solve any Bitcoin problem*


View Profile
July 16, 2018, 07:36:29 PM



The price of BTC is creeping up IMHO on the off chance that the SEC will approve the 'top heavy for the rich' ETF next month

https://bitcoinist.com/3-reasons-sec-bitcoin-etf-next-month/

The danger is, if that does NOT go thru...the price, again IMHO, will dump below 6k again

be cautious

brad


stfu basher!! :\ you are such a self serving person i hope you lose your shirt shorting&distorting <<<
Pages: « 1 ... 20684 20685 20686 20687 20688 20689 20690 20691 20692 20693 20694 20695 20696 20697 20698 20699 20700 20701 20702 20703 20704 20705 20706 20707 20708 20709 20710 20711 20712 20713 20714 20715 20716 20717 20718 20719 20720 20721 20722 20723 20724 20725 20726 20727 20728 20729 20730 20731 20732 20733 [20734] 20735 20736 20737 20738 20739 20740 20741 20742 20743 20744 20745 20746 20747 20748 20749 20750 20751 20752 20753 20754 20755 20756 20757 20758 20759 20760 20761 20762 20763 20764 20765 20766 20767 20768 20769 20770 20771 20772 20773 20774 20775 20776 20777 20778 20779 20780 20781 20782 20783 20784 ... 33914 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!