Gold collapsing. Bitcoin UP.

[cypherdoc]

Thanks so much. You are doing my promotion for me. Kudos.

Delusions of grandeur, check.

he's an idiot.  surely a disgrace as a supposed "engineer".  don't waste your time.

i put him back on ignore for now.

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[cypherdoc]

DZZ already gone green:

[cypherdoc]

^ Time to post this again: http://nakamotoinstitute.org/mempool/who-controls-bitcoin/

from the article:

This is not to say that Bitcoin is a divine substance or some immaculate bit of quintessence. It just means that Bitcoin upgrades must be a clear improvement to Bitcoin as an investment or else they face a sharp uphill battle to adoption. Any scheme to reprogram it in service of special interests would almost certainly reduce its value proposition because it would change Bitcoin from something good for the world to something good for a smaller group. Of course, people actually need to be paying attention in order to prevent it, but we also don't need to go mad with hypervigilance

and this is where guys like me come in.  i AM hypervigilant.  i think i see things clearly.  i don't go mad.  and i am an investor.

but most importantly, i am unconflicted.  so at least you know you're getting an honest opinion.

[cypherdoc]

blocks filling up.  again:

[cypherdoc]

we're getting close to 2.3 TPS in the Tradeblock post:

[Zangelbert Bingledack]

Even the Elliot Wave guys are bracing for a possible surge.

https://bitcointalk.org/index.php?topic=274613.msg11744199#msg11744199

[cypherdoc]

when the BIS talks like this, you know we got a problem:

http://www.telegraph.co.uk/finance/economics/11704051/The-world-is-defenseless-against-the-next-financial-crisis-warns-BIS.html

[cypherdoc]

goodl 'ol SLW in critical mode:

[cypherdoc]

Antpool back in defensive mode due to filled blocks.  tell me, what do we have core devs for again?:

[cypherdoc]

ouch Dow -190

[elux]

Even the Elliot Wave guys are bracing for a possible surge.

https://bitcointalk.org/index.php?topic=274613.msg11744199#msg11744199

XBT/XAU parity 2015?  

http://www.xe.com/currencycharts/?from=XBT&to=XAU&view=5Y

[Voktar]

Antpool back in defensive mode due to filled blocks.  tell me, what do we have core devs for again?:

Some devs only view Bitcoin as a digital gold and are fine with 1Mb blocks and $10 fees,  leting the rest of the world out for use their sidechains and top layers.

Bitcoin is turning in an altcoin if you take the white paper and Shatoshi words as reference.

[cypherdoc]

Even the Elliot Wave guys are bracing for a possible surge.

https://bitcointalk.org/index.php?topic=274613.msg11744199#msg11744199

XBT/XAU parity 2015?  

http://www.xe.com/currencycharts/?from=XBT&to=XAU&view=5Y

do you think we can get there w/o a block size increase?

[cypherdoc]

Antpool back in defensive mode due to filled blocks.  tell me, what do we have core devs for again?:

Some devs only view Bitcoin as a digital gold and are fine with 1Mb blocks and $10 fees,  leting the rest of the world out for use their sidechains and top layers.

Bitcoin is turning in an altcoin if you take the white paper and Shatoshi words as reference.

you got that right.

look, i'm going to have to pull rank as the first to publicly convert from gold to Bitcoin.  they got it wrong.

Bitcoin will never become a digital gold until or unless BTC gets used regularly all across the world and goldbugs capitulate by selling off gold and stopping the vast majority of gold mining activity.  

true statement.  

[cypherdoc]

Dow -210

shame

[elux]

Even the Elliot Wave guys are bracing for a possible surge.

https://bitcointalk.org/index.php?topic=274613.msg11744199#msg11744199

XBT/XAU parity 2015?

http://www.xe.com/currencycharts/?from=XBT&to=XAU&view=5Y

do you think we can get there w/o a block size increase?

Hey, we already dinged it in 2013.  Which was crazy.

Now, wouldn't be so crazy.

The Blocksize debate turning into a religious war is... unfortunate.

But if we get Bitcoin to scale without destroying it in the process, we unlock > $10000 per coin.

Seems like no one is looking at the upside.

[lunarboy]

I know correlation and causation combined with zerohedge = hyperbolae.

Still it's fun to see the stories coming out about Bitcoin and Grexarmageddon 'patent pending term'

http://www.zerohedge.com/news/2015-06-29/fita-faith-falters-bitcoin-surges-7-post-greferendum-decision

[cypherdoc]

Contagion.  i love that word.  reminds me of when i had to walk thru AIDS wards:

http://www.zerohedge.com/news/2015-06-29/greek-contagion-spreads-several-italian-bank-failed-open

[cypherdoc]

Even the Elliot Wave guys are bracing for a possible surge.

https://bitcointalk.org/index.php?topic=274613.msg11744199#msg11744199

XBT/XAU parity 2015?

http://www.xe.com/currencycharts/?from=XBT&to=XAU&view=5Y

do you think we can get there w/o a block size increase?

Hey, we already dinged it in 2013.  Which was crazy.

Now, wouldn't be so crazy.

The Blocksize debate turning into a religious war is... unfortunate.

But if we get Bitcoin to scale without destroying it in the process, we unlock > $10000 per coin.

Seems like no one is looking at the upside.

seriously, the only reason it has evolved that way is that Blockstream is fighting for it's life.  just look at the increasingly desperate comments from Adam all over Reddit and Twitter.

lifting the 1MB DoS artificial cap should be a no brainer.

[Zangelbert Bingledack]

Even the Elliot Wave guys are bracing for a possible surge.

https://bitcointalk.org/index.php?topic=274613.msg11744199#msg11744199

XBT/XAU parity 2015?  

http://www.xe.com/currencycharts/?from=XBT&to=XAU&view=5Y

Thinking too small. We can do better. Even without a blocksize increase, but we will get one anyway.

What people don't seem to realize is this debate is actually fueling the changes in dev culture and implementation monoculture that we need in order to be robust enough to meet the challenges that will assail Bitcoin when it is in the quintuple digits. Fee markets play a role, too, and perhaps even things like LN. Honey badger was like, "Grow to take on larger adoption? Sure but I want more: I also want laser eyes and telekinesis." This debate ensures we get not only the scheduled blocksize increase, but that we get it all.

Whatever Bitcoin needs to get to the next level of price, chaos will be created to show the way to the ladder that gets it there.