frank - as a free market proponent..
Why is it that whenever it looks like BU might actually win - bitcoin price tanks. And whenever it looks like CORE might actually win - bitcoin price recovers. Can you explain that ?
(I have changed the title - as you rightly pointed out - its just a signal.. .. wow.. we have some common ground after all.. )
1.
the price movement happens without very much actual coins moving it.
you cannot link Xwin = A y...win =B because there is actually no correlation.
neither has won. so the price speculation of just a few people who are dumb enough to trust exchanges (after 8 years of "we been hacked") is meaningless..
real value is not about the price or the bubble number of the market cap.
real value is based elsewhere.
anyone only loking at the fiat price and only choosing core because core will split the network in two(pretending its a victim, pre-mptive strike attack)
are only caring about short term FIAT drama.. not the longevity of bitcoin.
dynamics have many implementations that can all work on the same PEER playing field..
segwit sets up a TIER network
dynamics use native keypairs and tweaks
segwit needs users to move funds just to try achieving the segwit promises.. plus segwit is a complete rewrite basd on an elements altcoin of 2014-2015
segwit keypairs and block formation has never been used on mainnet. but dynamics has
dynamics have not needed to threaten or set deadlines or make things mandatory, or bypass node consensus
segwit has needed to threaten and set deadlines and make things mandatory, and bypass node consensus
core want everyone to rewrite their nodes to match the segwit elements2014 altcoin. and even then point fingers that other implementations are still not bitcoin and thus not be top tier.
yet the community know deep down that core can just change a few lines of code and be part of the peer network.. and even funnier. get to have all their sparkly features too.. but it involves core giving up their tier network and just becoming a equal peer.
..
anyway back to your question.
core cry when the price moves up and down and try making it sound important
meanwhile exchange move from $935
⇘ $933 by a user with just $302(324mbtc)
meanwhile exchange move from $933
⇗ $935 by a user with just $50(54mbtc)
(note trades measured in mBTC (0.001btc)less than $302(324mbtc) to drop the price from $935 to $933
⇘yep $302 to make the market cap change by $32,470,200.00
then ~$50(54mbtc) to ramp the price from $933 to $935
⇗yep $50 to make the market cap change by 32,470,200.00
price movements are not a sign of any "community consensus".. but due to low funds being used and also the high increments per orderline causing the volatility($1 gap per increment)... making it easy to make the market volatile without needing large community/whales
