I don’t think BU or much else will change in the near future… Status quo” is returning. However BU is gaining back today after a few days of slowing in hash and blocks found. I think if BU was going to happen it would have by now or look more certain anyways, which is does not.
I think the more everyone considers the full scope of a hard fork and the inherent risk, the less attractive it is for a block size solution.
I for one, think the various devs need to go back to the drawing board and present something else. I know miners ultimately hold most of the power to be” but it should be a solution that satisfies most everyone. And find a way for non-miners to have a say. Only thing everyone else can do to be heard is, sell off BTC and put that money in something else. Miners need a buying market to survive.
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I don’t think BU or much else will change in the near future… Status quo” is returning. However BU is gaining back today after a few days of slowing in hash and blocks found. I think if BU was going to happen it would have by now or look more certain anyways, which is does not.
I think the more everyone considers the full scope of a hard fork and the inherent risk, the less attractive it is for a block size solution.
I for one, think the various devs need to go back to the drawing board and present something else. I know miners ultimately hold most of the power to be” but it should be a solution that satisfies most everyone. And find a way for non-miners to have a say. Only thing everyone else can do to be heard is, sell off BTC and put that money in something else. Miners need a buying market to survive.
with BU, non-minning nodes has a say.
I think ” if BU was going to happen it would have by now ” isn’t quite right, BU hasn’t had a working solution untill recently, not too long ago it was just an idea. I think BU isn’t quite ready to “takeover”, even if everyone loved BU, the quality of the code just isn’t there… Maybe they will step up their game now that a lot of hashrate is backing them? these things can move pretty fast sometimes, and other times just totally stall.
Wait and see…
Legendary Offline
Activity: 1218
Somewhere in Crypto Land 🙂
I don’t think BU or much else will change in the near future… Status quo” is returning. However BU is gaining back today after a few days of slowing in hash and blocks found. I think if BU was going to happen it would have by now or look more certain anyways, which is does not.
I think the more everyone considers the full scope of a hard fork and the inherent risk, the less attractive it is for a block size solution.
I for one, think the various devs need to go back to the drawing board and present something else. I know miners ultimately hold most of the power to be” but it should be a solution that satisfies most everyone. And find a way for non-miners to have a say. Only thing everyone else can do to be heard is, sell off BTC and put that money in something else. Miners need a buying market to survive.
with BU, non-minning nodes has a say.
I think ” if BU was going to happen it would have by now ” isn’t quite right, BU hasn’t had a working solution untill recently, not too long ago it was just an idea. I think BU isn’t quite ready to “takeover”, even if everyone loved BU, the quality of the code just isn’t there… Maybe they will step up their game now that a lot of hashrate is backing them? these things can move pretty fast sometimes, and other times just totally stall.
I don’t think BU or much else will change in the near future… Status quo” is returning. However BU is gaining back today after a few days of slowing in hash and blocks found. I think if BU was going to happen it would have by now or look more certain anyways, which is does not.
I think the more everyone considers the full scope of a hard fork and the inherent risk, the less attractive it is for a block size solution.
I for one, think the various devs need to go back to the drawing board and present something else. I know miners ultimately hold most of the power to be” but it should be a solution that satisfies most everyone. And find a way for non-miners to have a say. Only thing everyone else can do to be heard is, sell off BTC and put that money in something else. Miners need a buying market to survive.
with BU, non-minning nodes has a say.
I think ” if BU was going to happen it would have by now ” isn’t quite right, BU hasn’t had a working solution untill recently, not too long ago it was just an idea. I think BU isn’t quite ready to “takeover”, even if everyone loved BU, the quality of the code just isn’t there… Maybe they will step up their game now that a lot of hashrate is backing them? these things can move pretty fast sometimes, and other times just totally stall.
Wait and see…
BU is a hare-brained piece of shit that doesn’t even stand up to a simple first principles analysis. The code implementation is a disaster but in reality that’s the least of its problems. The charlatans who wrote the “white papers” backing up it’s foundations are a prize bunch of vindictive assholes. The drivel they wrote is a waste of time even reading, I’m just sorry I’ll never get that time back .
Anyone pumping, supporting or god-forbid showing mining support for BU is just simply fucking not worth listening to. Sorry I know it’s a favourite of yours but admit it you’re mostly a drunken stoner nowadays … you wouldn’t know a good idea if it pissed in your ear.
Legendary Offline
Activity: 1106
Put BTC here: 1GSwznUNG4co5rS3ctmRgtYGcWiHAnwAyj
With the closing of today’s candle clearly, unambiguously and fairly solidly in the green, I’m going to tentatively call our current price consolidation range as between $950 to $1,150.
Accordingly, I am not going to get too excited if BTC price moves in either direction within what I consider our current consolidation range – until it might look like we could be breaking out of the range in one direction or another.
Furthermore, in spite of the ongoing Hardfork FUD and some other “bitcoin is dead” nonsense, at this time, I will continue to place the odds that a price breakout to the upside of the consolidation range seems to be a bit more likely than a price break out to the downside.
Surely some folks here may have contrary opinions, but not to be too flippant, this is an opinion, so I am not really very wedded to whether I am correct or not.
 I am calling the situation in the way that I currently see it, based on a variety of recent price movements and long term fundamentals from my viewpoint. Â
With the closing of today’s candle clearly, unambiguously and fairly solidly in the green, I’m going to tentatively call our current price consolidation range as between $950 to $1,150.
Accordingly, I am not going to get too excited if BTC price moves in either direction within what I consider our current consolidation range – until it might look like we could be breaking out of the range in one direction or another.
Furthermore, in spite of the ongoing Hardfork FUD and some other “bitcoin is dead” nonsense, at this time, I will continue to place the odds that a price breakout to the upside of the consolidation range seems to be a bit more likely than a price break out to the downside.
Surely some folks here may have contrary opinions, but not to be too flippant, this is an opinion, so I am not really very wedded to whether I am correct or not.
 I am calling the situation in the way that I currently see it, based on a variety of recent price movements and long term fundamentals from my viewpoint. Â
agreed!
market should be relatively indifferent to the blocksize ongoing FUD.
For months (if not years!) many have already sold out because of the block-size-debate-FUD so… who STILL hasn’t sold “because forking shit”??
Also market is driven by traders, traders that are unclear of the details… so they probably don’t really care “who wins” and all scenarios seem to point to a bullish outcome, the worst case scenario appears to be “double your coins”!!
if anything they should be thinking about pricing in the fact that this debate APPEARS to be coming to a resolution soon, sure the debate is on FIRE, but thats only because “the end is near”.
and which ever way it goes, once this stalemate is over, there are very big plans and MASSIVE improvments ready and waiting, “bitcoin is scaling up” the headlines will read, this is massively bullish.
price will go up untill futher notice! Â
i hopeÂ
Legendary Offline
Activity: 1288
Enabling the maximal migration
Not looking good I’m sad to say. After this giant crap the egoists, johnny-come-latelys and sociopaths have taken on bitcoin all we can really do is wait for them to officially rage-quit and flounce off in Hearn’s taffeta flowing wake …. hunker down, settle in for the long game I guess.
come to the dark side Marcus. We have cookies.
Bro, do you even blockchain? -E Voorhees
Legendary Online
Activity: 1106
Not looking good I’m sad to say.
There is somewhat of a head and shoulders on the USD Index, which is one reason metals are beginning to surge now. Â The dollar looks like it will dump lower and send gold and silver higher. Â Ironically, instead of the value of bitcoin decreasing as the USD index skyrocketed over the last couple years, the value of bitcoin has actually tracked the value of the dollar and gone up – Â mostly because bitcoin’s main function is for Chinese white collar criminals to arb money out of the yuan and into US dollars. Â
It will be interesting to see what happens in the market if the dollar begins to decline and Chinese no longer want to arb to US dollars. Â It’s unknown how that will all play out since every country on earth right now seems to be in a race to the bottom to see who can devalue their currency to zero the fastest to get rid of excess debt, and if everyone devalues at once, nothing actually happens. Â They would all need to devalue vs gold and silver at once in order to devalue in unison. Â
The real story is that people think bitcoin actually trades on it’s own merits when it doesn’t. Â It’s always some type of derivative of something else because it’s not the unit of account of anything, nor the base of Exter’s pyramid.
Published at Tue, 28 Mar 2017 04:06:14 +0000
[wpr5_ebay kw=”bitcoin” num=”1″ ebcat=”” cid=”5338043562″ lang=”en-US” country=”0″ sort=”bestmatch”] – Web Wednesday V83 – 039 bitcoin at Web Wednesday HK – 19th March 2014
83rd social mixer event – networking for the Hong Kong’s internet entrepreneurs and digital media executives.
An interview with two crypto-currency entrepreneurs:
Dave Shin, Founder of Cryptomex, an ambitious alternative for raising company funds via IPOs (initial public offerings) traded in Bitcoins.
Ken Lo, CEO of Anxbtc bitcoin Exchange, a new marketplace for trading Bitcoins, recently launched in Hong Kong.
For biking around the islandBy antwerpenR on 2013-08-17 11:43:38[wpr5_ebay kw=”bitcoin” num=”1″ ebcat=”” cid=”5338043562″ lang=”en-US” country=”0″ sort=”bestmatch”]
Ultimate Ugly Crypto Sweater Get Together Join us to kick off the holiday season with a gaudy ugly crypto sweater party and some fundraising fun! The Ultimate Ugly Crypto Sweater Get-Together Fundraiser & Toy Drive […]
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