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Question: Will you support Gavin's new block size limit hard fork of 8MB by January 1, 2016 then doubling every 2 years?
1.  yes
2.  no

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Author Topic: Gold collapsing. Bitcoin UP.  (Read 2032135 times)
cypherdoc (OP)
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June 29, 2015, 01:20:49 PM
 #27661



Currently trying to fill the gap. Big shorts @ 1.1160, i would say.

they always do that before a deeper plunge
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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cypherdoc (OP)
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June 29, 2015, 01:31:01 PM
 #27662

Gold up


sorry. reversing all it's gains.

Gold collapsing.  Bitcoin UP:

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June 29, 2015, 01:32:02 PM
 #27663

Dow futures -255
No worries will be up 100 by morning

you're in trouble
cypherdoc (OP)
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June 29, 2015, 01:35:45 PM
 #27664

trannies leading to the downside.

once the industrials breaks it SL, it's game over:

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June 29, 2015, 01:39:47 PM
 #27665

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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June 29, 2015, 01:43:20 PM
 #27666

DZZ already gone green:

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June 29, 2015, 01:52:06 PM
Last edit: June 29, 2015, 02:05:38 PM by cypherdoc
 #27667


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.
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June 29, 2015, 01:57:09 PM
 #27668

blocks filling up.  again:

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June 29, 2015, 02:00:29 PM
 #27669

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

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June 29, 2015, 02:29:17 PM
 #27670

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

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

cypherdoc (OP)
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June 29, 2015, 02:33:20 PM
 #27671

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
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June 29, 2015, 02:50:44 PM
 #27672

goodl 'ol SLW in critical mode:

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June 29, 2015, 02:52:48 PM
 #27673

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

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June 29, 2015, 03:00:10 PM
 #27674

ouch Dow -190
elux
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June 29, 2015, 03:00:15 PM
 #27675

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

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


XBT/XAU parity 2015?  Smiley

http://www.xe.com/currencycharts/?from=XBT&to=XAU&view=5Y
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June 29, 2015, 03:06:16 PM
 #27676


do you think we can get there w/o a block size increase?
cypherdoc (OP)
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June 29, 2015, 03:09:34 PM
 #27677

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.  
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June 29, 2015, 03:21:30 PM
 #27678

Dow -210

shame
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June 29, 2015, 03:24:13 PM
 #27679


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. Smiley
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June 29, 2015, 03:25:17 PM
 #27680

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


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