All posts made by chopstick in Bitcointalk.org's Wall Observer thread
1.
Post 5512840 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_12.24h):
Still waiting for 300k bitcoins so I can be a millionaire.
My guess, maybe by summer 2015? lol
2.
Post 7996223 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.00h):
The year is 2015. The month is August. Only but a mere 5 months ago, the world witnessed one of the greatest transfers of wealth the world has ever seen. The bitcoin price skyrocketed from 1k to over 100k per bitcoin over the course of 2 weeks. Many pot smoking hippies casually buying weed off the internet were made millionaires overnight. The Winklevoss ETF, as well as sudden bitcoin acceptance announced by large companies such as Amazon, Ebay, Walmart, Exxon-Mobile, BP, Walgreens, Best Buy, and many other companies has been seen as the primary cause of this price rise. Also, Russia has announced that they are making Bitcoin their official reserve currency, and all Russian rubles can be redeemed for bitcoins. The price has settled at around 250k per bitcoin, but rumors that Saudi Arabia is going to drop the dollar and do all oil trading in Bitcoins is threatening to cause even further price increases.
Thousands of people have been able to exit the corporate rat race thanks to their newfound wealth. Bitcoin based businesses are popping up everywhere and stocks of Western Union, Paypal, and Moneygram have dropped in price considerably. It currently costs a thousand dollars to buy a 20TH miner - enough to mine about .0001 bitcoin per day.
It is a glorious time to be a wealthy bitcoiner, but the looming threat of regulations by the USA government to what it sees as a threat to the US Dollar presents an uncertain future.
3.
Post 8462475 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.07h):
Calling it now.
>10K by march 2015
4.
Post 9101662 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.20h):
So much volume, so much drama, so many posts, and yet.....
Average day for bitcoin.
5.
Post 9385479 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.28h):
PRICE WENT UP $5 SHIT.....
6.
Post 9385517 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.28h):
PRICE WENT UP $5 SHIT.....
346 - 333 = 5
it was at 339 when i made my sales on LBC
lol
7.
Post 9497910 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.30h):
Ukraine is in the middle of a bloody civil war that was financed and enflamed by none other than America's CIA agency.
The last thing anyone in ukraine is worrying about would be bitcoin.
You have 10's of thousands dead over there..
8.
Post 9534145 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.31h):
Yay for continuation of cheap coins!!!
I have managed to triple my coin stash since august. Overall, I'm feeling pretty good about it.
9.
Post 9608825 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.33h):
Dude, its bitcoin. There are whales and manipulators doing crazy shit all the time. The price will continue to fluctuate up and down.
Sub-400 coins are cheap, period. You should all be getting as many coins as you can during this period.
10.
Post 9608830 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.33h):
Eventually bitcoin will get big enough and the price will be much harder to manipulate by the greedy whales.
100k per coin is not an if, it's a when
11.
Post 9608950 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.33h):
Dude, its bitcoin. There are whales and manipulators doing crazy shit all the time. The price will continue to fluctuate up and down.
Sub-400 coins are cheap, period. You should all be getting as many coins as you can during this period.
I always find that financial advice that begins with "Dude" is accurate and trustworthy.
(I just hope you can find your car)
Anyone who doesn't think sub-400 coins are cheap are fooling themselves
12.
Post 9782746 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.38h):
At the rate things are going I might actually be able to stack up 100 coins before the next bubble
That would be fuckin GREAT
13.
Post 9783145 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.38h):
china is banning bitcoin again
Link?
14.
Post 9803673 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.38h):
LOL! I hope it keeps going down, need more cheap coins.
15.
Post 9803679 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.38h):
World war Z.
That movie sucked, the book was much better.
The movie was just a crappy cash grab.
16.
Post 9803750 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.38h):
Nooooo go back down I need more coins
17.
Post 9803783 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.38h):
Fuck this, go back down!!!
18.
Post 9852583 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.39h):
Is it that time again???
19.
Post 9990259 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.42h):
HOLY SHIT WE BROKE 100
HELL yeah
20.
Post 10024191 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.43h):
Shit I hope we drop to 200, that would be great, CHEAP COINZZZ
21.
Post 10029100 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.43h):
Did the bearwhale flash crash happen on a weekend? I forget
It was actually Sunday night, October 5th in my neck of the woods,
Won the battle that night, but in the end lost the war.
Are you kidding me??? The war isn't over yet
22.
Post 10037468 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.43h):
At this rate I might actually be able to join the 100 btc club, lol
23.
Post 10040738 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.44h):
24.
Post 10040893 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.44h):
bitcoin will pumped so hard
see you at $350
35k per coin by end of 2016
25.
Post 10052028 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.44h):
Hey guys, bitstamp got haxxed, did you hear?!?!
26.
Post 10060401 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.44h):
27.
Post 10061466 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.44h):
What do you guys think will happen when stamp comes back up ?
28.
Post 10065732 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.44h):
It's probably an inside job. But why??? Never underestimate human greed.
29.
Post 10074009 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.45h):
After bitcoin hits 50k I am taking a trip to slovenia to meet some of these hot women..
30.
Post 10075254 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.45h):
350 next week
31.
Post 10075786 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.45h):
What what
in the butt?
32.
Post 10083155 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.45h):
I feel like we could be a week or two away from a huge bull run & epic price rise.
People you need to buy whilst coins are still affordable.
Don't miss dat train.
Buying as much as possible right now
33.
Post 10088231 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.45h):
Rise MOFO! I've got cats to feed!!!
LOL! My cats require gold plated cat food
34.
Post 10088235 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.45h):
And the finest of feline jewelry.
35.
Post 10095671 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.45h):
INCOMING...........
36.
Post 10095917 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.45h):
Price bounces $7 on the news. Bulls lose their shit and post flaming trains
LOL TROLL
Haters gonna hate
https://www.youtube.com/watch?v=nfWlot6h_JM
37.
Post 10098178 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.45h):
it will go down this week-end!
Yes, most likely. Best case scenario is that it stagnates around $280 before continuing down again. There is still no positive momentum for consumer adoption, and too many scams and fraud that are keeping people far, far away.
Free advice for the bulltards: Admit defeat and sell your holdings. You will sleep much easier once you relieve yourself of the torture of riding a speculative bubble down, and you can at least take a lesson from this to invest in real, profit bearing assets in the future and not "get rich quick" magic beans.
How does it feel being a sheep?
Bahhh Bahhh
I will gladly hold my coins another 2 years if thats what it takes.
WE BELIEVE IN BITCOIN
38.
Post 10098183 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.45h):
Disregard price
Aquire cryptocurrency
39.
Post 10098709 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.45h):
if you zoom out a little you see we are only down 7%, zoom out some more and we are down 15%, take another step back and we are down 53%, from the sustained high of 800 we are down mother fucking 65%, from ATH we are down mother fucking stupid ass bitch fest fuck tard bear bubble 76%
@ 200$ bitcoin would be down 83% from ATH
@ 100$ bitcoin would be down 91% from ATH
@ 50$ bitcoin would be down 96% from ATH
@ 10$ bitcoin would be down 99% from ATH
Hey @adamstgBit, why have you deleted your post? :/
"Starting to think bitcoin is dead
", it was here a moment ago before I refreshed...
Has something caused you to change your mind or have you just realised you were drunk posting again?
bitcoin isn't dead, its dying...
You have been around long enough to know there will be another price increase, eventually. Stop being a n00b and stack up those bits, comrade.
You have also been around long enough that you should know they can't kill the bitcoin....
40.
Post 10131671 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.46h):
oMG THE SKY IS FALLING
get cover
41.
Post 10143829 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.47h):
Dumpers gonna dump.
Sub 200 coins comin up apparently.
42.
Post 10143983 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.47h):
CAPTAIN SHILL REPORTING FOR DUTY...............
43.
Post 10146449 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.48h):
It's a troll bananza in here
44.
Post 10155495 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.48h):
That moment you realize that $18k can get you 100 bitcoins...
lol!! and a few days ago it would have taken 30k.
Fucking insane.
My goal has always been to rack up at least 100 coins.
45.
Post 10158783 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.49h):
The sky fell, crashed to earth, now it's rebuilding itself, next week it will crash again and then rebuild itself again.
46.
Post 10158849 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.49h):
Well, that was the bottom. I picked up a shitload of super cheap coins. Thanks to you idiots selling at the very bottom.
Thanks for playing.
So you're one of the idiot traders you hate, again?
Boy, this guy really should be picked up by a mental institution.
Half the people in this thread suffer from a combination of OCD, Paranoid schizophrenia, down's syndrome and possibly aspergers.
I am not ashamed to admit I am one of them. The first step is admitting you have a problem.
47.
Post 10164976 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.49h):
Price going back up to 280ish in the next week or so.
Everyone who got in sub - 200, bravo!
48.
Post 10167909 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.49h):
LOL are you fucking kidding me.......................
49.
Post 10167936 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.49h):
Karp Markeles was DPR, shit, he might as well have run for president while he was at it.
50.
Post 10171851 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.50h):
MARK KARPELES is Satoshi.. I mean think about it. It fits perfectly.
51.
Post 10182530 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.50h):
And if Mark Karpeles is Satoshi Nakamoto AND Dread Pirate Roberts it would be really fucking hilarious!
LOL!!!!
52.
Post 10183402 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.50h):
Great job adam
To the moon, bitches
53.
Post 10188764 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.50h):
btw. okcoin ceo says bitcoin is totally legal in china
It can't be true...
54.
Post 10192489 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.50h):
55.
Post 10222521 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.51h):
BILL GATES PERSONALLY INVESTING 10 BILLION $$$$ INTO BITCOIN
CONFIRMED BY THE ONION
56.
Post 10224217 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.51h):
Our exchanges are run by amateurs and criminals and they are the biggest bottleneck in Bitcoin's valuation.
Haha, isn't it hilarious?
Mark was fucking DPR
57.
Post 10238165 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.51h):
So what's the consensus? We goin' up or down? short term
58.
Post 10238449 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.51h):
59.
Post 10239042 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.51h):
The bitcoin ETF is coming sooner than you think.
https://blog.gemini.com/welcome-to-gemini/Stock up on as much BTC as you can n00bs!!! =)
60.
Post 10242027 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.52h):
So the consensus is we're going up? Buy now?
61.
Post 10242582 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.52h):
I just bought, so, probably going down.
62.
Post 10250414 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.52h):
2 DA MOON....................................
63.
Post 10261382 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.52h):
Guys, the more BTC you aquire the richer you will be.
This is pretty obvious at this point.
64.
Post 10291598 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.54h):
WTF Just happened?
Did China ban bitcoin again?
?
65.
Post 10325193 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.55h):
GUYS IM OUT FUCK THIS TIME TO PUT EVERYTHING INTO RIPPLE
just kidding i'm not a fucking retard
66.
Post 10381512 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.57h):
BRAINTREE WAS MY FAVORITE UNTIL THEY SAID GO FUCK YOUR SELF....... now I use authorize.net.
67.
Post 10444011 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.58h):
Bitcoin is up $2. Where are all the pictures of trains and rockets?
Here you go, bro
68.
Post 10455915 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_13.58h):
POSTIN THIS AGAIN
FOR GOOD MEASURE
69.
Post 10596017 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.00h):
70.
Post 10596156 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.00h):
I am one with bitcoin
71.
Post 10673578 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.02h):
LOL why is the price rising?
More news?
72.
Post 10872634 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.06h):
Yes it definitely is true,
They are doing the same thing in Europe... cash transactions > 1k euros aren't even allowed anymore in France!
73.
Post 11237419 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.13h):
Looks like I better not be lazy today and buy back in before I lose profit on my trades!
74.
Post 11238431 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.13h):
So are we going up or down? What's the PROGNOSIS?
75.
Post 11239207 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.13h):
Eh, it's just an old guy sucking another old guy's penis. Not particularly horrible.
76.
Post 11239238 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.13h):
Is that from Hitchhiker's guide to the galaxy?
77.
Post 11322583 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.14h):
If I ever want to have a brain aneurism this is the go-to thread, especially during price movements.
78.
Post 11629783 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.17h):
79.
Post 11629787 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.17h):
BITCOIN WENT UP 1.5%
EVERYONE GO NUTS
80.
Post 11642695 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.18h):
Well folks, as this Greece crisis gets worse and Greece inevitably exits the Euro and/or descends into utter chaos I expect that Bitcoin will have the exact opposite reaction and go to the Moon.
Cuz that's just how bitcoin is apparently.. always does well during times of financial crisis.
http://www.zerohedge.com/news/2015-06-17/bank-greece-pleads-deal-says-uncontrollable-crisis-soaring-inflation-coming
81.
Post 11642703 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.18h):
It appears that trading volume is grinding to a standstill. It looks like nobody wants to sell bitcoin cheap no more.
I see $300 in the horizon
I really hope so but I have my doubts that we're ready for 300 now. I've been hurt & kicked to death by the long bear market, it takes a lot to trust again
For the short term I just really hope 250 can hold.
I do not want to go down into the 220-230's ever again.
I personally enjoyed the 220's. Picked up a lot of cheap coins, increased my stash significantly
82.
Post 11645523 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.18h):
LOL...
Make your dreams a REALITY!!
Stop giving up and JUST DO IT !!!
83.
Post 11678013 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.18h):
greece won't drive up the price. those who have still money inside this country aren't smart enough for bitcoin. it's the average joes...
Doesn't matter, all it takes is a little hyperbole and euphoria to drive the price up. No one from Greece has to actually buy bitcoin.
84.
Post 11685112 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.18h):
are we rich yet??
Lmao
85.
Post 11729368 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.18h):
249 OMG
OMG.....
86.
Post 11731407 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.18h):
OMG 251 OMG OMGODMGODFSmklfsdkfkasdlzsjl;kj23801273401283490219038901231
\
I can barely contain my excitement
And we owe it all to greece
87.
Post 11738234 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.19h):
Come on Greece! We need to pass 250$ now!
Greece is a lubricant ?
Indeed...
88.
Post 11750463 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.19h):
GENTLEMEN................................
Gentlemen
Greece
Bitcoin
89.
Post 11751161 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.19h):
G E N T L E M E N
90.
Post 11790331 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.19h):
258
91.
Post 11790970 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.19h):
btc is dooooomed?
Maybe.
Come on Donald...I thought Satoshi worked for the CIA as an school coder...?
LMFAO....
Donald Trump is such a pathetic joke.
Quality entertainment, though!
92.
Post 11791738 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.19h):
LMFAO....
Donald Trump is such a pathetic joke.
Quality entertainment, though!
LOL, he never actually said that, but I made it so it looks like a statement he would make.
Oh damn. You got me!
93.
Post 11856510 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.20h):
I HAD A DREAM THAT WE HIT 500
LET's SEE IF IT HAPPENS OR NOT MY BRO'S.............................
94.
Post 11860616 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.20h):
Sux when you're in the middle of moving out of state and you can't afford to put all your remaining USD's into Bitcoin like you want to
#FIRSTWORLDPROBLEMS
95.
Post 11992600 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.22h):
Gentlemen
96.
Post 12178749 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.23h):
HAHAHAHAHAHAH
Market manipulation is fun
-Random Millionaire
97.
Post 13320631 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.38h):
Monkey vision: Drop towards 390 support intraday, rising trend to continue thereafter on a daily basis, and over the weekend.
You know this is wrong
Monkey now sees at least one week downtrend, 362 support.
CONFIRMED
98.
Post 13383061 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.39h):
The mastr operator giveth, & teh mast0r 0perat0r t4keth AwAy
confirmed...
99.
Post 13445775 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.40h):
Oh my god charbuddy bitcoin unlimited node is under severe DDOS!!! Sell all your coins! Now!
Lol do you guys remember when the price ran up to 266 And then Mt Gox got DDOS'd and Bitcoin talk and all the charts got DDOS'd at the same time.
Then the price dropped from 266 to like 50 during this chaos.
Yes I was here for that but I did not have any money on the exchanges.
Bitcoin has always been just hilarious.
100.
Post 13533995 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.40h):
From the RAND corporation virtual currency report:
"The report suggests that the U.S. Department of Defense should disrupt decentralized digital currencies to prevent “unprecedented global access to information and communication services that, at its core, is agnostic to the national security interests of the United States.”
Therefore, the RAND report suggests pre-emptive strikes and notes that “perhaps the best strategy for the United States and its allies to thwart a VC deployment would be to target those properties of a VC that would most increase its acceptance, most notably transaction anonymity, security, and availability.”Link:
https://www.reddit.com/r/Bitcoin/comments/40lwsq/the_rand_corporation_report_national_security/
101.
Post 13950293 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.45h):
Blockstream Core taking over Bitcoin is not a good thing. The censorship and overall dictatorial role they are taking to seize power is extremely disconcerting.
102.
Post 13952604 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.45h):
Classic is still on the table, should Core not deliver on promises...
We may very well end up in a position where miners are forced to fork off of core onto classic, if we end up with a massive transactions backlog - if the miners really care about the future of bitcoin at all, that is.
A VC-funded company that cares first and foremost about nothing more than making Profits for its Investors has taken over Bitcoin's development. That is positively
not good.Cross-post from r/bitcoin regarding the current situation:
The CEO of a VC-backed private corporation, and a handful of Chinese miners, just unilaterally decided the future of Bitcoin. And they have the gall to call it consensus.
This is bad, really bad.
Editing this comment to respond in one place to the army of throwaway accounts jumping down my throat:
What would consensus look like? In my view there are five main groups that would need to agree on changes to Bitcoin to achieve consensus: The developers (the code), the miners (the hashpower), the nodes (the network), the exchanges and payment processors (the economic majority), and of course the users (Bitcoin early adopters). The users don't really steer the ship, they just vote by deciding to use/hold Bitcoin, and they'll vote by buying alt-coins if they don't agree with the direction the other four take.
At this meeting there are only representatives of two of those groups; the code and the hashpower. Missing from the developers are extremely important people like Gavin Andresen (Bitcoin's chief scientist), and Jeff Garzik. Missing from the hashpower is the single biggest pool Antpool and other pools like Slush, who have decided a hard fork to 2 MB needs to happen urgently, not years from now.
Calling this tiny meeting consensus? Laughable.
As to VC-backed Blockstream taking control of the Bitcoin protocol, they have a fiduciary duty to create a return for their investors. Their business plan is to profit from protocols built on top of Bitcoin, protocols that benefit from a crippled Bitcoin layer usable only for settlement. All their actions so far show they have a laser-like focus on enabling features in Bitcoin that will benefit the Lightning Network, while restricting the throughput of the Bitcoin network as much as possible until their product is ready to sell.
This will backfire, the users and the economic majority will move to a network that functions correctly.
103.
Post 16093052 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.57h):
Price is unlikely to rise very much without a scaling solution in place.
Don't kid yourselves, the so-called "Lightning Network" is just vaporware at this point. It MIGHT be ready in 3 years.
3 more years of stagnation and BSCore trying to convince us why 2 mb blocks would result in a total collapse of bitcoin, and backroom deals with the chinese miners to keep the status quo.
Fuckin' morons!
104.
Post 16227255 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.57h):
insight for the day:
105.
Post 16313184 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.57h):
Core continues to strangle BTC's transaction capacity for some (idiotic) reason. Money still flowing into alts.
A large price drop is practically guaranteed.
106.
Post 16319795 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_14.57h):
Larger block size means lower security and therefore lower price. So no, if you want the price to go down you should increase block size.
No. You are just lacking brain cells.
Solving the scaling debate with a simple blocksize increase would be bullish beyond belief. Price would skyrocket as people's faith in BTC and in Core slowly becomes restored.
107.
Post 17419502 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.01h):
Scaling issue still not solved, launch aborted.
Average fee is like what, 50 cents?
WTF is this, paypal?
108.
Post 17419687 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.01h):
I don't see why anyone is surprised by the drop. I've watched BTC's price since 2012. I've seen almost all the bubbles. This has only happened a thousand times already.
BTC has fundamental issues that still need to be solved before "moon" can finally be reached. And I don't think "moon" is anything less than 10K+, which we all know bitcoin is capable of if it's finally allowed to reach its full potential.
109.
Post 17419842 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.01h):
There is no doubt in my mind that the peoples of this world desperately need cryptocurrency. They NEED bitcoin.
Governments all over the world are trying to eliminate cash, they are confiscating gold, stealing wealth from the people. They want all your money in a bank account so it can be tracked or taken from you at any time.
The Central Bankers, in their endless greed profit from this system in many ways, endlessly concentrating the vast majority of the world's wealth in the hands of only a few dozen people. This is creating untold suffering and a system of economic slavery that is destroying the planet itself.
The fucking world needs this fucking technology to succeed, god damn it.
We better get our fucking shit together and make this shit fucking work. The scaling issue MUST be solved, one way or another. Core needs to get on board or they need to get kicked the FUCK out.
This isn't just about personal profit, although we will all certainly be billionaires if we succeed. A convenient side effect.
But what it's really about is breaking the yoke of oppression that has been forced on this world by those who have betrayed humanity itself for their own personal wealth.
That's all I have to say.
110.
Post 17484149 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.02h):
The big-blockers need to fork off already so that we can get on with Project Bitcoin, Satoshi's Vision and not this twisted Kore-Coin crapola.
If we don't, price will continue to stagnate.
Bitcoin has the potential to benefit in infinite ways from the global economic turmoil that is around the corner. In this way, BTC's price could spike to unimaginable highs. But it will never happen with no scaling solution, BTC simply could not handle an increase in 100 million+ users. There is no time to wait 5 years for this imaginary "Lightning Network" to suddenly manifest from vaporware into reality.
FORK IT ALREADY.
111.
Post 17484231 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.02h):
Segwit is a cheap accounting trick / potential poison pill and LN will never, ever exist in any useable form anytime soon.
We don't have 5 years for Lightning Network to suddenly become reality. The world will not wait for your Lightning Network.
BU or Classic, it doesn't matter to me.
Kore can fuck-off with trying to transform Satoshi's vision into their own personal wealth and whatever Goldman & Sachs told them to do when they funded their $75 million in VC funding.
Bloody morons!
112.
Post 17484891 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.02h):
The big-blockers need to fork off already so that we can get on with Project Bitcoin, Satoshi's Vision and not this twisted Kore-Coin crapola.
If we don't, price will continue to stagnate.
Bitcoin has the potential to benefit in infinite ways from the global economic turmoil that is around the corner. In this way, BTC's price could spike to unimaginable highs. But it will never happen with no scaling solution, BTC simply could not handle an increase in 100 million+ users. There is no time to wait 5 years for this imaginary "Lightning Network" to suddenly manifest from vaporware into reality.
FORK IT ALREADY.
Ahh those bloody idiots are back
Can you do no maths? How big will the blocks need to be to "handle an increase in 100 million+ users"
yeah maths are hard. Please fork off already to your alt and have fun just don't call it bitcoin to confuse people
Stop pretending that the present technology couldn't handle large blocks.
Perhaps the solution is to do both (blocksize increase and off-chain LN type deal)
But you can't just do one, or the other. Core has refused to compromise over and over, they refuse to raise the blocksize to even 2mb which pretty much everyone agrees could be very EASILY handled.
Core has shown they have no leadership skills, no vision and are motivated primarily to their own self-serving egos. They do not serve the greater whole. Furthermore, they engage in a deceptive campaign of censorship and other shady tactics to force their own side to "win", this has needlessly damaged the Bitcoin community itself by refusing to even allow certain discussions. The community has been effectively divided in this way. Can you even quantify the damage that has been done to all of us as a result of this?
You can ignore it all if you want, but it will hurt you in the end.
113.
Post 18106444 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.04h):
It's a bloodbath.
What did you expect with huge fees and congestion of the network?
Fiverr.com just dropped Bitcoin as a payment method since fees are amounting to 20-40% of all bitcoin transactions.
Good Game, it was fun while it lasted.
The idiots over at Kore ruined this rally.
114.
Post 18139234 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.05h):
Alright boys, so what are we doing here.
Short?
Long?
Decisions, decisions
115.
Post 18139594 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.05h):
How much you wanna bet it's gonna be monday.
Coindesk, lol
116.
Post 18140231 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.05h):
Bitcoin will, of course, chug on regardless of SEC decision or ETF.
What matters most is that we can overcome the scaling debate and solve the basic issues we now have.
That would be the best.
Increase the userbase and continue with organic growth and more businesses accepting bitcoin and more people using bitcoin for day to day activity.
This will cement it's value in the long run, SEC be damned.
117.
Post 18140451 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.05h):
I think any denial of a Bitcoin ETF would be nearly 100% politically-motivated. It would mean that they (Governments? World Powers?) simply don't want Bitcoin recognized as a legitimate long term financial instrument.
Could this be more true now?
We're talking about a technology which could totally fuck FIAT currencies and all Central Banks in the ass, so I'm sure this could also be a factor.
US Gov does not want BTC recognized as a stable, dependable technology.
ETF would help it get that kind of legitimacy.
The problem is, Bitcoin doesn't need an ETF to become a globally decentralized peer 2 peer cash electronic payments system that can beat out the traditional financial industry.
We can achieve greatness without them. We already have.
118.
Post 18192019 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.06h):
Kore is like the Ku Klux Klan
THEIR REIGN OF TERROR IS ENDING
119.
Post 18211362 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.06h):
The Anti- Bitcoin Unlimited FUD and labeling of Roger Ver as a "government agent / boogeyman" continues to reek of sad, sad desperation.
Yes, people are becoming aware of how Blockstream Kore took money from Goldman & Sachs and are now purposely restricting the growth of Bitcoin.
That is why BU will win, beeotch
120.
Post 18211426 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.06h):
Or Ethereum will win, I'm not sure yet.
121.
Post 18211476 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.06h):
r/bitcoin has turned into like a reflection of r/politics.
Just replace the anti-Trump / Russia hatred with anti - BU hatred, vitriol, etc.
So so sad.
122.
Post 18211567 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.06h):
^ 3 posts from Chopstick, i got this one on ignored. This person must be talking bullshit, i'm sure this troll is frustrated that BU is in deep shit
Yeah, BU is in real deep shit with constantly increasing hashrate and the pathetic smear attempts from Core's smear campaign falling flat on their face
Kore is only digging a deeper hole for themselves. Every day. I couldn't ask for anything better.
As the price drops during this "civil war" and altcoins continue to explode, well, those are only more money making opportunities before BU eventually wins the fight and takes back what is rightfully ours (on-chain scaling),
And if BU fails, then altcoins overtake Bitcoin anyway, so either way I'm covered.
As for you morons who can't even handle these basic truths, well, I don't know what to say. Enjoy having your head in the sand?
123.
Post 18211594 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.06h):
i suck the cock for the food
BU doesn't have the ability to manage software as complex as Bitcoin today.. If that isn't obvious now than nothing will change your mind.. Which means it is not facts you care about but you are trollololing.
edit:welcome to ignore buddy!
Oh look, another Brainless Kore moron who can't handle even the slightest argument before resorting to personal name calling and /ignore
If you guys are Kore's best and brightest, well...
124.
Post 18211756 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.06h):
Hi chopstick, why don't you go and buy some Dash
This is you:
125.
Post 18211816 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.06h):
^ 3 posts from Chopstick, i got this one on ignored. This person must be talking bullshit, i'm sure this troll is frustrated that BU is in deep shit
He has been talking such bullshit for quite a long time - at least 6 months. Just repeats over and over the paid shill talking points in regards to promoting some kind of supposed scaling solution, but without really having much if any justification - beyond repetition of nonsense.
When Truth becomes "paid shill talking points..."
Welcome to 2017.
Also, I only come on here occasionally when I'm bored.
But watching the BU v. Core fight has been quite entertaining, and I love pissing people off like you who are like this:
126.
Post 18211848 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.06h):
"Let's force 1mb blocks onto everyone forever! Let's restrict organic growth of Bitcoin's userbase and force marketshare into altcoins! Let's use an unproven solution (LN) and force it onto everyone! THEY WON'T HAVE A CHOICE!" -BlockstreamCore
Yes, how dare the rest of us who see through this insanity insist that Bitcoin go back to Satoshi's original vision of on-chain scaling.
How dare.
127.
Post 18230696 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.06h):
def going under 1k. At some point. Possibly soon.
Eth likely to hit $100+ this year.
128.
Post 18230796 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.06h):
Yes, but Core has decided that any blocksize increase at all is bad.
1mb for evah.
They might as well get it tattooed.
129.
Post 18236871 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.06h):
Now is the time to start stacking up altcoins. Well, actually we should have done it a lot sooner.
bitcoin is going to be in a bear market for a while.
Stability maybe will be somewhere around 8 or 900.
Most likely, as the bitcoin civil war continues BTC will continue to lose marketshare and these other coins will keep gaining.
130.
Post 18237050 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.06h):
900 ==> 1200+ was all based on ETF speculation. What did you guys expect?
The problem is that it will probably go lower due to all the negative sentiment surrounding Bitcoin's civil war right now, I full expect Eth or Monero to hit $100+ this year, the altcoins will continue to gain marketshare from Bitcoin, feeding like vultures off a corpse.
If the Bitcoin civil war isn't won by one of the sides soon, we may very well see Bitcoin lose it's spot as the number one coin. And the majority of BTC-commerce will switch to something else.
It could happen.
131.
Post 18237169 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.06h):
Man bitcoin is such a mess right now, al least ZEC is mooning ! I love ZEC. Time to make some money
When times like this happen it's time to switch over to the alts that are booming.
Thats how you leverage this b!tch called bitcoin when she goes on a pms run and goes tits up like this.
Yes, precisely.
The funny thing is, when Bitcoin finally figures it's shit out and solves the scaling issue, then all the shitcoins will suddenly drop like a rock and BTC will be on the rise again.
You just have to figure out each cycle and play it right.
132.
Post 18238070 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.06h):
Good thing I sold at 1200 yesterday, lol.
I only have 0.4 btc left and that's it. I don't care if it drops, fuck it
133.
Post 18248086 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.06h):
I would like to post the dream I had just incase it happens later.
I literally just dreamed this and woke up.
Ok, so the volatility was insane. So basically the price went from where it is now (900's) and it kept dropping over a period of time. I don't know what the hell happened, but at some point it dropped all the way to near zero (!!!!) single digits, of course this only lasted a COUPLE SECONDS and it shot all the way back up to 672. Now here's where it gets interesting. The price kept moving rapidly although I'm sure this all happened over the period of some years. After this MEGA drop, it shot into the MULTIPLE thousands, I distinctly saw the number 2272. And then all of a sudden apparently for no fucking reason it shot all into the 10K per coin range. I was sitting there fucking absolutely stunned. It bounced off 10K back into the 5K per coin range.
In my dream I saw a thread titled: "5000. We are talking about the number 5000." on this forum, bitcointalk. And I was just sitting there so absolutely fucking stunned because I seriously just watched the price go from 900 to almost 0 back up to 10k and then settle in the 5K range.
Man, that dream was fucking nuts.
I'm not sure, but maybe just dreamed future price movements some years (?) I'm assuming in advance.
If something like this actually happens I will reference this dream later.
134.
Post 18251050 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.06h):
Lol, it almost looks like BU nodes got PnD'ed! Is that a blow-off top I see? haha
You know that Core is getting desperate when they are resorting to DDoS'ing BU nodes.
They are also DDoS'ing bitcoin.com
135.
Post 18253816 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.06h):
If there had been a HF three years ago from 1MB to 2MB, we'd already be hitting the 2MB limit and BU supporters would be screaming that we need to immediately HF again to 4MB. And so on, and so on.
They act like that wouldn't be true, but we all know it would.
So apparently for them, every time the block size limit is reached, the solution is simply another 2MB increase. On and on, until mining centralization by like one person with a total hardware & hashpower monopoly is complete.
In reply to this argument.
Let's imagine we had hard forked to 2mb and the limit was reached.
The Bitcoin price would be between 2-3k PER COIN right now. The Market cap would be somewhere around 40 BILLION.
Ethererum, Dash and Monero would be WAY down, they definitely wouldn't be hitting their highs right now.
We'd have 2x the amount of transaction throughput which means there would be far less mempool backlogs, less network congestion and lower fees, which would overall create a MUCH better user experience.
In other words, it's a GOOD problem to have.
But you crybaby pussies, who apparently think 2017 tech can't handle >1mb, have forced the rise of altcoins, and have irreparably damaged Bitcoin's % of marketshare, and now markets are switching over to ethereum / dash / monero.
It's EFFING RIDICULOUS. These are UTTER FAILURES from a business perspective. It is also an utter failure from the perspective of User Experience. This is why one can only conclude that Bitcoin Core has failed completely in leadership, tactics, and effectiveness, they don't even seem to care about the user experience. All in the name of creating a "fee market" which is not yet needed, and won't be needed for a few more decades down the line.
BU at this point is the only thing that can really save bitcoin.
Fork it already! The time has come.
136.
Post 18253938 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.06h):
Oh by the way, I'd like to add.
BU hashrate is now at 43%.
8 mb hashrate is at 8%.
This means the big blocker side now effectively has 51% hashrate.
They won't fork until it's >75%, but it's coming
My prediction, the price will drop dramatically during the fork and all the FUD and chaos and negative news stories. This will be a good buying opportunity.
But after the smoke clears, and BU / big blocks retain dominance, marketshare will flow back into Bitcoin from the shitcoins like a tidal wave and we'll see new all time highs with bitcoin. Finally, 10K+ per coin will become possible.
It's gonna happen.
137.
Post 18254069 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.06h):
It is idiotic to implement a solution, especially on that requires a hard fork, if it only solves your probably temporarily. Horrible IT practices to keep patching code and no matter how large you make the block sizes, they will in time fill up or require prioritization by miners.
IMHO it means much more to optimize Bitcoin with Segwit, take advantage of that "larger block" size it allows with more transactions, and then allow for off chain solutions to blossom that require Segwit. Bitcoin can remain the power settlement system that it will only ever be. Nothing more.
Thinking bitcoin will someday be some millions of transactions per second system is far fetched dreaming so make it all it can be and as optimized as possible, not even more centralized, less secure, and temporarily patched.
You guys keep engaging in the same circular arguments, over and over, and over and over.
It's getting ridiculous. How many times do I have to say it. This stupidity is forcing the rise of altcoins and there's a very real chance Bitcoin could lose the #1 spot if something is not done.
Also, YOU GUYS are the ones who came in and suddenly decided that Bitcoin should only be a settlement layer, and not the peer2peer cash electronic payments system that it was designed to be by Satoshi.
If you want to deviate from Satoshi's original vision with this nonsense, then Core should go and create their own altcoin instead of attempting a hostile takeover, enforcing an artificial blocksize limit and then FORCING people onto THEIR off-chain solutions. This is ethically and morally wrong, and so is their campaign of censorship they have engaged in to justify this.
138.
Post 18265716 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.06h):
Blocksize was never meant to be some resource that could be controlled by anybody.
Let Bitcoin scale already.
Make Bitcoin Great Again!
139.
Post 18317589 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.07h):
Hey Lauda, I see you deleted my post about ethereum gaining marketshare,
Bitcoin under 70% marketshare for the first time.
WTF are you trying to do here, censor the truth?
Should we just bury our heads in the sand?
This trend is going to continue until BTC sorts out its scaling issues.
Maybe if we're lucky it will happen in time so that ETH doesn't completely dominate the landscape by then.
140.
Post 18317607 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.07h):
I do actually agree with you though, most altcoins are pump and dump.
Eth and monero will probably stick around and have their place, though.
But what we don't want is them over-taking BTC completely, which is possible if this goes on for too long.
141.
Post 18319930 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.07h):
First you herp, then...
142.
Post 18319945 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.07h):
Bitcoin only has 68% of coin market cap.
Pretty terrible...
Yes, and my post was deleted for pointing this out.
143.
Post 18345530 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.07h):
You guys ready for the Great Forkening?
It's coming , at some point this year
144.
Post 18345578 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.07h):
You guys haven't seen nothing yet.
Just wait until the Forkening.
During the mass chaos and ensuing sell-off wars between the two sides, price will drop an unbelievable amount. We could VERY well see double digits during this time frame, but it will go back up of course.
Prepare yourselves.
145.
Post 18345661 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.07h):
"contentious fork" HAHAHA, what ridiculous slander
The forkening is coming, you can't stop it, nobody can.
146.
Post 18360535 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.07h):
I'll post here one last time just to give you guys warning. This is going to happen, I pretty much saw it already in my dream.
First of all, there will definitely be a fork. If I'm wrong and there is no fork, Bitcoin will lose the vast majority of its marketshare to better crypto, at that point BTC will be left in the dust, permanently, and nothing on this forum will even matter anymore.
But most likely, there will be a fork. During the ensuing chaos, and mass sell-off wars between the two sides, Bitcoin is going to drop into the double digits... this will be a great opportunity to pick up artificially incredibly cheap coins. Probably the last opportunity, ever. And the price will almost certainly shoot back upwards immediately afterwards once people realize they're a bunch of idiots, and either core or BU emerge victorious.
After the fork is done, and BU emerges the victor by killing off the minority chain, all the marketshare that has flowed into altcoins over the last 2 years will flood back into BTC like a tidal wave as people regain confidence and trust in bitcoin. BTC will shoot up like a rocket ship into the multiple thousands. Of course, this would have happened already had Core not stifled growth with the 1mb artificial blocksize limit.
So if you buy in the double digits then it goes into the multiple thousands, well, I think it goes without saying it's a great opportunity...
I'm 99% sure this is going to be how it plays out, I saw it in my dream, they do tend to come true - most of the time.
Make sure you get yourselves into position. This will be my last post here for a while, I am going to sit back and wait for events to develop. Adios.
147.
Post 18430060 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.07h):
Right now it's literally the alt-coin lotto. Pick an altcoin. Any altcoin. If you're lucky it will get pumped, summarily dumped and then you'll be rich.
148.
Post 18435004 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.07h):
Blockstream are aiming to be the Federal Reserve Planners of Bitcoin and you guys are bitching about BU, which is all about returning to Satoshi's original scaling roadmap of on-chain scaling.
Jesus, is there any hope left for Bitcoin at this point?
The community is grade-A retarded.
149.
Post 18679429 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.08h):
question -
Is it possible to sell BTC on Bitfinex and withdraw using tether then buy back BTC on another exchange?
I'm curious
150.
Post 18694359 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.08h):
Everyone, everyone, calm down.
I am Satoshi
151.
Post 18776255 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.08h):
Bitcoin is at fucking 1337 dollars right now
LEET
152.
Post 18838830 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.09h):
Price will probably keep following bitfinex, lol.
This shit is a recipe for disaster
153.
Post 18883784 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.09h):
PEW PEW PEW
MUCH WOW
RIPPLE BUTTS
154.
Post 18883805 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.09h):
Jesus, even Doge is up 100% for the whole month.
Time to start trading altcoins, this is ridiculous.
155.
Post 18884526 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.09h):
The price rise from 1200==>1600 was mainly artificial, thanks to the liquidity squeeze from bitfinex, which the other exchanges chose to follow like lemmings.
True, there are a lot of new institutional investors and overseas investment. But not enough to raise the price that high.
I don't know how you could call this anything but a mini-bubble based on artificial bitfinex prices.
Look for a correction down to 1400ish
156.
Post 18885026 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.09h):
And what exactly makes you think that the Japanese plan for long-term holding and these are not just more speculative bubbles? When a drop happens they will dump like everyone else.
The large trader Japs want more yen, they don't care about Bitcoin. Bitcoin gains its long-term value from it's usability as a currency, and it's still restricted as of today in its ability to do this.
Bitcoin does NOT gain long-term value from millionaires & billionaires playing with their play money trying to increase their FIAT currency holdings on the speculative exchanges.
I know you guys want this price rise to last but look at things objectively. The scaling debate still hasn't been resolved.
Wait until after the scaling issue is over-with to go PERMABULL on steroids.
Until the scaling debate is resolved, Bitcoin's market share dominance will continue to drop. It's already below 60%. Pretty soon it will be below 50%. And it will be a historic moment for crypto when this happens.
That being said once Bitcoin can finally scale, I wager a price increase up to 2K+, followed by 3K, etc etc, and BTC's marketshare dominance will shoot back up to 90+%, with all the altcoins dropping like rocks.
Once the scaling debate is done and the war is settled. THEN it's time for bulls on parade:
https://www.youtube.com/watch?v=3L4YrGaR8E4
157.
Post 18940389 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.09h):
Is there even a point to shorting anymore? Just go infinite long and you will make infinite bitcoins.
158.
Post 19081292 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.10h):
Everyone here down with UASF?
Really hoping those of you that run full nodes have kept up to date with the development.
I hadn't run a node in years and finally got one up and running.
#BIP148
August 1st could be the beginning of the end of our scaling issues.
Please ignore the trolls.
Lol
UASF is like shooting yourselves in the head with a shotgun.
Actually, go right ahead, it will be really funny to observe the miserable failure of your failed sybil attack.
159.
Post 19100602 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.10h):
Poloniex is retarded, millions of dollars pump random shitcoins at complete random. And the thousands of traders just jump on at any given time or moment, with no rhyme or reason or logic.
Hence why Bytecoin, Stellar, Ripple etc etc have all jumped up in value to retarded levels.
I mean seriously, Bytecoin? Stellar? WTF?
One could have made a fortune on almost any coin just by investing in shitcoins 3 months ago on poloniex and holding for 3 months.
160.
Post 19179781 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.10h):
Bearstamp is now ahead of bitfinex. what a world.
161.
Post 19196118 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.11h):
DUMP'D
162.
Post 22000600 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.21h):
The combined forces of Roger Ver, John Mcafee and Jihan Wu are far, far greater than anything the propagandized, Brainwashed sycophants over at BlockstreamCore can possibly summon. Bring on the hate, go on, keep trying to convince us why Bitcoin's adoption and growth rate should be strangled for Eternity at 1mb because "muh hard forks are dangerous" or whatever ridiculous Lie you people keep regurgitating.
163.
Post 24212701 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.25h):
meh
164.
Post 24248156 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.25h):
So now Bitcoin is stuck with 1mb forever.
The Lies and Censorship crew have won.
Meanwhile, Lightning Network is at-least "18 months" away from being deployed.
Are you guys ready for $100+ fees?
This is the "settlement layer" you wanted. Forget Satoshi's Bitcoin, now BTC is a store of value only coin. Who cares about commerce or competing with banks or actually trying to change the world, right?
165.
Post 24248936 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.25h):
So now Bitcoin is stuck with 1mb forever.
The Lies and Censorship crew have won.
Meanwhile, Lightning Network is at-least "18 months" away from being deployed.
Are you guys ready for $100+ fees?
This is the "settlement layer" you wanted. Forget Satoshi's Bitcoin, now BTC is a store of value only coin. Who cares about commerce or competing with banks or actually trying to change the world, right?
Because non of the other 1000 or so coins can do that. Only Bitcoin can save the world.
Bitcoin could have saved the world, but it got taken over by the Bankers and now has Retarded itself to a max. 6 transactions per second. Visa, and Mastercard are laughing their asses off at RetardCoin while simultaneously breathing a sigh of relief that a major threat to their existence, Bitcoin, has been removed.
Now it's all up to Bitcoin Cash.
Anyone who thinks that this is a good thing have seriously deluded themselves and are fools for believing the Blockstream propaganda, lies and FUD.
166.
Post 24250094 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.25h):
Bitcoin could have saved the world, but it got taken over by the Bankers and now has Retarded itself to a max. 6 transactions per second. Visa, and Mastercard are laughing their asses off at RetardCoin while simultaneously breathing a sigh of relief that a major threat to their existence, Bitcoin, has been removed.
Now it's all up to Bitcoin Cash.
Anyone who thinks that this is a good thing have seriously deluded themselves and are fools for believing the Blockstream propaganda, lies and FUD.
Would rather seem like the market is disagreeing with your morose opinion.
Speculators only care about making money, they don't care about destroying the banks or whatever.
Never been known to be the Brightest bunch those speculators...
As is evidenced by how many people here support Crippling Bitcoin for the foreseeable future. A Central Banker's dream come true.
167.
Post 24250197 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.25h):
So now Bitcoin is stuck with 1mb forever.
The Lies and Censorship crew have won.
Meanwhile, Lightning Network is at-least "18 months" away from being deployed.
Are you guys ready for $100+ fees?
This is the "settlement layer" you wanted. Forget Satoshi's Bitcoin, now BTC is a store of value only coin. Who cares about commerce or competing with banks or actually trying to change the world, right?
Will you bigblocktards keep whining and bullshitting here for ever? Just do your shitforkcoin things and show them to the world.
Ah: BTC is 1MBFOREVA
It sounds like you must Enjoy paying $100+ to move your coins off an exchange.
Tell your grandma to buy Bitcoin, it's a great investment. I'm sure she will love the part where she has to calculate a priority fee to pay based on the size of her transaction.
For everything else, there's Bitcoin Cash.
168.
Post 24250637 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.26h):
It sounds like you must Enjoy having Blockstream's dick shoved down your throat while your paying $100+ to move your coins off an exchange.
Tell your grandma to buy Bitcoin, it's a great investment. I'm sure she will love the part where she has to calculate a priority fee to pay based on the size of her transaction.
For everything else, there's Bitcoin Cash.
What sort of idiot is in bitcoin to spend them in b/s?
It's just you.
Yeah, because the thousands of people who have disconnected themselves from the banks and from FIAT don't exist.
Legacy Bitcoin has been taken over by corporate interests that want to prevent BTC from scaling, thus removing competition and ensuring their monopolies will continue uncontested. No one is going to want to pay $20, 30, 40, 50$+ fees to make a payment or just to move coins. Thus, Legacy Bitcoin has truly become a Banking Settlement Layer - with fees comparable to a bank wire, and confirmation times comparable to a bank wire. This is Bitcoin now. Enjoy it. It's what you wanted.
169.
Post 24250915 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.26h):
Well would you look at that, Bitcoin is dropping while Alts are once again skyrocketing in value.
If Bitcoin can't scale and can't be used for everyday transactions, then this also diminishes its usefulness as a store of value. Bitcoin becomes primarily an instrument for rich speculators, and little else. Other coins will be used for actual commerce and day to day transactions.
Are you all happy now?
170.
Post 24251357 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.26h):
Thus, Legacy Bitcoin has truly become a Banking Settlement Layer - with fees comparable to a bank wire, and confirmation times comparable to a bank wire. This is Bitcoin now. Enjoy it. It's what you wanted.
So go use Bitcoin Cash and fk off maybe?
you beat me to it lol
You people literally play into the hands of your enemies and then gloat about it, while putting down anyone who says otherwise.
Well, I guess it's true. Lies, brainwashing and censorship really do work. It's truly unbelievable how many people support permanently crippling bitcoin.
171.
Post 24300415 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.26h):
As someone who bought their first Bitcoin in 2012 for $20,
Indeed, I can't help but laugh at all the thousands of newcomers who just read r/bitcoin and suddenly think they are scaling experts. That Bitcoin should be able to run a node on every Raspberry Pi in Afghanistan. Yada yada yada. This is psychologically manipulated groupthink. Let's face it - many of the people getting into Bitcoin today are "newbies" who weren't very smart or educated in the first place. But they all like to act like they are, ESPECIALLY when it comes to their opinions on the Blocksize debate - an opinion that was only formed through reddit. Oh boy do they love repeating those opinions, and screaming down anyone who disagrees, like a bunch of drunken fratboys who think they are about to lose their virginity. Only a very small minority are capable of using logic or reason.
It's both amusing and kind of sickening to watch happen.
Anyway, now that the dust has settled and the "1mb forever" crowd has won, Legacy Bitcoin will likely never scale in any meaningful kind of way - Meaning Legacy BTC will never be anything more than a speculator's toy to get rich, a gateway to altcoins and FIAT and a settlement layer.
However, I still fully expect the combined speculator and institutional investor money to take Legacy Bitcoin to 50 - 100K and beyond. However, it will become impossible to move coin at some point on the main chain , with $100+ fees, making a very large percentage of BTC wallets unspendable. At that point, the vast majority of Crypto users and commerce will have already moved to either Bitcoin Cash, Monero or Ethereum. In the long long run, 5+ years, I fully expect either Bitcoin Cash, Monero or Ethereum to become the #1 coin with the highest market cap. It's inevitable now that Bitcoin will never scale - and let's be honest, Lightning Network will either never exist or will never deliver as promised --- which means BTC is going to be stuck where it is now from the scaling perspective, with only a few band-aids thrown on top, likely forever -- unless the miners finally grow a pair, say enough is enough and stand up to the bought out Corporate shills at Blockstream, but I'm not holding out hope for that outcome at all.
172.
Post 24305322 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.26h):
unless the miners finally grow a pair, say enough is enough and stand up to the bought out Corporate shills at Blockstream, but I'm not holding out hope for that outcome at all.
if you want your goymoney you can have your goymoney.
WTF is goymoney?
Are you daft?
Bitcoin could have been the #1 and solved all the problems. Instead, it retards itself to 6 tp/s and has been taken over by the likes of Adam "I invented Bitcoin" Back, Gregory Maxwell the Wikipedia troll and Luke "I think the Sun revolves around the Earth" junior. Literally a trio of Retards, at the end of the day they are nothing more than useful idiots who receive their paychecks directly from the Banksters that Bitcoin was invented to destroy. They will go down in history as Liars, shills and idiots who held back Crypto's potential for years and forced the rise of altcoins and bitcoin cash. Oh well. I guess it doesn't matter - We are going to win anyway.
173.
Post 24308034 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.26h):
goymoney is some form of money especially designed to cheat those who use it without knowing all its implications and consequences.
And your inversions of reality and projections here tell me that you must be a special kind of shill.
But your keeping at it now after years and a number of failed attempts at psyops for hostile takeovers is just pathetic. The same would be if you were an honest fool full of butthurt.
I'm just telling the truth, the only hostile takeover attempt was Blockstream and it was a success, indeed a major success for the Banking cartels. In the end it only took $75 million, a few useful idiot developers and a troll/shill army to, more or less, take over BTC's development and subvert it away from its original vision , removing it as a threat (for now.) You speak of decentralization and yet BTC is now more centralized than ever - No changes can be made to the Bitcoin protocol without the approval of Adam Back, Gregory Maxwell and Luke Jr, 3 people who have shown themselves to be not only incompetent but also highly manipulative and who lie constantly. This is not a good situation and BTC will not improve at the protocol level until it moves away from these incredibly toxic individuals. That does not necessarily mean it will not continue to go up in value - but that will be only because of speculators, not fundamentals.
The problem is you think I'm a shill when in reality I'm just a minority voice telling what should be a very obvious truth. But Blockstream has distorted everything so much with the lies and the censorship, it's almost impossible to get through to anyone.
174.
Post 24308435 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.26h):
Bitcoin could have been the #1 and solved all the problems. Instead, it retards itself to 6 tp/s and has been taken over by the likes of Adam "I invented Bitcoin" Back, Gregory Maxwell the Wikipedia troll and Luke "I think the Sun revolves around the Earth" junior. Literally a trio of Retards, at the end of the day they are nothing more than useful idiots who receive their paychecks directly from the Banksters that Bitcoin was invented to destroy. They will go down in history as Liars, shills and idiots who held back Crypto's potential for years and forced the rise of altcoins and bitcoin cash. Oh well. I guess it doesn't matter - We are going to win anyway.
Don't you think you are stressing the scaling debate a little too much?
Biggest blocks could be a solution, but segwit should work too, and if properly developed I think is a much more elegant solution than biggest blocks.
Altcash seems to me even more centralized than core, but what I really think is that there are no evil bankster behind any side, just some pression groups who want to achieve their interest. Zero trust environment, as usual, with powerful personalities both sides, but no evil jew banksters.
I'm glad you buyed @20 usd, I buyed a year later @1000, mined at loss and I have made little profits, but I don't think your "i'm rich in bitcoin" argument is valid when it comes to scaling debate.
I think that everyone should possibly be able to run a full node on a raspberry in afghanistan, this is very important, why you think that 8x tx/s are more important than this? And what happens when 8mb block are full? Don't you think we are going to buy our coffee with 8 mb blocks right?
I'm not rich at all, but my point is that many thousands are getting into bitcoin just recently because of it's increase in popularity, they read censored forums which are intentionally manipulated and then they are engaging in obvious groupthink psychological manipulation - This is a pretty obvious tactic that has been often used by various intelligence agencies of the world. People who got into BTC earlier, IE 2011-2012 generally aren't as likely to fall for Blockstream's manipulation, censorship and misinformation tactics. And those are the ones who are now being ostracized from the community. This points to a complete rewrite of the original BTC community, it's intentions, its code, its purpose, and its future. Satoshi's Bitcoin is dead. Now it's BlockstreamCoin - A Bitcoin NOT meant to compete with FIAT, or meant to compete with banks, but rather a settlement layer for the Rich and a speculator toy to play around with on exchanges. That's Blockstream's vision. Forget about the masses. Blockstream firmly believes that FIAT is superior to Crypto (after all that's what they get paid in) --- and Bitcoin should just be a settlement layer primarily used by the already-Rich and Speculators. Christ, I can't believe it even has to be argued - it's so obvious that Blockstream are the corporate takeover of Bitcoin that it makes my eyes bleed.
175.
Post 24309371 (copy this link) (by chopstick) (scraped on 2020-04-04_Sat_15.26h):
BTC is going to the moon long term. Don't worry about the relatively minor short term price fluctations. Just get as many as you can and don't cash any out until at least 10K, even if it takes a year. No one here has patience it seems. It will happen.
You seemed very reasonable and forward looking back then. What happened to you in the meanwhile if I may ask?
Only one thing from my side: why do you keep on talking about +100$ fees? Why do you still keep on thinking them in USD? I think you don't need to look at them in USD but in satoshis: that changes the perspective on the matter.
As for the rest, I mean, peace man. Have some Carolina with us
What happened was the bloody blocksize debate turned me half-crazy.
You're probably right, I need to sit back and have a beer. Since I am one of those speculators, I'm still benefiting from the rise of Bitcoin. I just wanted to see BTC to change the world. Maybe it still can. But for everyday commerce and transactions, it will have to be another coin. Either way, Crypto is changing the world and will continue to do so.
