Wall Observer

[adamstgbit]

I going to try this prediction 1 more F-ing time

>650 in <72 hours.

 

[solex]

And I will say this once more too: Bitcoin's price is being crippled by the 1MB just like it is crippling the network effect.
SegWit is more likely to cause a segmentation fault in the price than anything else.

@adamstgbit

The hour grows near

He knows!

 

[adamstgbit]

Basicly,
BitcoinCore says that 1MB limit is a feature not a bug.

..which is kinda true the fact that the app is "lightweight" is a feather not a bug.

but the thing is... bitcoin isn't light weight, and thats fine!
bitcoin minning certainly isn't "light weight"
so what if running a full Bitcoind server requires some solid hardware
if you accept that fact.
then 1 MB limit is kinda ridiculous
and 2MB is still "light weight app" class
but 32MB might be a a little much to consider bitcoin still relatively ""lightweight"
But even then,So What?
so you can't run bitcoind server off your phone
so what....


1MB isn't a bug, and its not a feature.... its a hardcoded arbitrary limit set long ago, which was MEANT to be changed later down the line....

its time for change

anyone got a fork?
[doublepost=1475904650,1475903533][/doublepost]

And I will say this once more too: Bitcoin's price is being crippled by the 1MB just like it is crippling the network effect.
SegWit is more likely to cause a segmentation fault in the price than anything else.

the 1MB IS crippling the network effect. higher fee has cause a lot of delays on many tx....
and its been a constant source of fud on the market
my feeling on segwit is that most aspects are useful, Except for its 2MB effective" block size aspect.
[doublepost=1475904810][/doublepost]i want a 2-8MB HF that can do lighting networks.....
thats all.

 

[Bagatell]

I going to try this prediction 1 more F-ing time

>650 in <72 hours.

$644 in 84 hours. Close, but no cigar.

 

[Fatman3002]

Stolfi helped delay the Twinkletossers ETF. I officially don't like the guy.

 

[Bagatell]

@Fatman3002 How so?

 

[Fatman3002]

https://www.sec.gov/rules/sro/batsbzx/2016/34-79084.pdf

His letter to the sec has been taken into account and they want more comments before they make a decision. Him trolling in the WO thread and over at Buttcoin is one thing, but this stuff is too much.

 

[JayJuanGee]

https://www.sec.gov/rules/sro/batsbzx/2016/34-79084.pdf

His letter to the sec has been taken into account and they want more comments before they make a decision. Him trolling in the WO thread and over at Buttcoin is one thing, but this stuff is too much.

https://www.sec.gov/rules/sro/batsbzx/2016/34-79084.pdf

His letter to the sec has been taken into account and they want more comments before they make a decision. Him trolling in the WO thread and over at Buttcoin is one thing, but this stuff is too much.

Not that I like Stolfi... but maybe he is saving us from ourselves?

 

[Bagatell]

https://www.sec.gov/rules/sro/batsbzx/2016/34-79084.pdf

His letter to the sec has been taken into account and they want more comments before they make a decision. Him trolling in the WO thread and over at Buttcoin is one thing, but this stuff is too much.

His letter.
https://www.sec.gov/comments/sr-batsbzx-2016-30/batsbzx201630-2.htm

No more mr.niceguy from me.

 

[AdrianX]

@JayJuanGee but then again maybe not. We could all be wrong.

 

[JayJuanGee]

Not that I like Stolfi... but maybe he is saving us from ourselves?

@JayJuanGee but then again maybe not. We could all be wrong.

I think that what I am attempting to suggest, with an attempt at a little humor, is that some of these folks come off as patronizing fucks, especially if they seem to be attempting to persuade others not to invest into something.

Regarding future prospects of bitcoin, yeah, it could be all over the place, and none of us really know for sure where bitcoin is going to go. My problem with Stolfi has more to do with his seeming disingenuiness, rather than the fact that he happens to be a bear troll or contrary to bitcoin.

Personally, I think you can be for or against something and you can say that and you can attempt to back it up with evidence to the extent that there may be evidence to back up your opinion(s). I personally think that Stolfi spins evidence and selectively highlights tangential and highly improbable speculative evidence and gives weight to his various evidence selections while purposefully and intentionally downplaying or ignoring more material facts and logic.

I think he knows better, and that is why I believe that he is disingenuous.

 

[AdrianX]

The think I like about Stolfi is he's a rational skeptic. So long as he's skeptical thinking bitcoin is not going to end well he's going to discourage people from investing in it. I understand that and can respect his position in addition he's not locked in to his opinions.

The day he makes an on chain bitcoin transaction is the day I go all in, in the mean time he's the most noisy canary in the coal mine.

 

[JayJuanGee]

The think I like about Stolfi is he's a rational skeptic. So long as he's skeptical thinking bitcoin is not going to end well he's going to discourage people from investing in it. I understand that and can respect his position in addition he's not locked in to his opinions.

The day he makes an on chain bitcoin transaction is the day I go all in, in the mean time he's the most noisy canary in the coal mine.

If your characterization of "rational skeptic" was accurate in regards to Stolfi, then I would have no problem with that. I am just saying that Stolfi is not a rational skeptic in my thinking because he purposefully and intentionally misleads with his choice of "facts". In my opinion, he can only fall in the category of "rational skeptic" if he were not purposefully and intentionally misleading... and then I would have no problem if he were truely a "rational skeptic", as you characterize him to be.

 

[adamstgbit]

His letter.
https://www.sec.gov/comments/sr-batsbzx-2016-30/batsbzx201630-2.htm

No more mr.niceguy from me.

TL? TR?

this guy.... its sad really....
[doublepost=1476498636][/doublepost]

The only way to make a profit by investing in bitcoins is by selling them to other investors,

not true Jorge Stolfi....

here http://www.pleasurespeak.co/pages/pleasures-peak-sex-toys-for-bitcoin
buy on of these with your "valueless bitcoin" and insert it in your ass.

SUCH PROFIT!
[doublepost=1476499058,1476498108][/doublepost]

[doublepost=1476499774][/doublepost]

$644 in 84 hours. Close, but no cigar.

I try. I fail. everytime.

next prediction.

>750 in <2 weeks.

 

[adamstgbit]

i told some guy at a party, ( he was very interested in bitcoin , listen to me bla bla bla for 1 hour asked questions, smart guy. ) when price was ~600, i told him price will probably go down forking FUD... ya know...

OPS!
oh well
he'll buy soon...
[doublepost=1476585429][/doublepost]

@JayJuanGee but then again maybe not. We could all be wrong.

yes...
Jorge Stolfi, is right
and
WE
ARE
ALL
Wrong...

LL
[doublepost=1476585832,1476585083][/doublepost]I'd love to talk face to face with Jorge Stolfi
"bitcoin isn't backed by anything it suck, fiat is back by gov therefor real"
LOL
i could make him look so dumb...

you guys remeber 2012 we had hunderesd of the dumb trolls saying the same fucking BS....

wake up poeple evreything the goverment touches turns to shit

we all know this

fiat is SHIT, BECAUSE its centrally controlled by banks and governments. economics 101 poeple....
[doublepost=1476586312][/doublepost]guys buy more OMNI
I have a feeling. its about to be useful to hold....

 

[Bagatell]

guys buy more OMNI
I have a feeling. its about to be useful to hold....

Nice one. What's the story?

 

[above1000]

The Balloon being held under water is rising $650 up-swing lets go

 

[adamstgbit]

Nice one. What's the story?

OMNI is a layer on top of bitcoin's block chain that allows anyone to create new "blockchain assets" ( aka coins )
BFX used it when it created it BFX token thing to compensate customer losses

once you create you token, coin, asset wtv you wanna call it. it inherits useful properties by default for ex. the ability to be traded in seamless decentralized way.

they have this "asset" called USDT which is backed by USD (pollinex uses USDT )

which means you can now potentially trade USD/BTC on an open decentralized platform ( OMNI )

the important bit for OMNI holders (OMNI the coin not the platform) is that soon(TM) trades from cross pairs say BTC/USDT will be subject to a tiny fee payable in OMNI coin, this fee on each trade will be accumulated and then spread amongst OMNIcoin holders.


in a sense holding OMNI is like holding a share in the future denclaized marketplace.

OFC there is counterparty and others doing similar things.... but OMNI has been around the longest

its Got the USDT and EURT,

its gooooooood shit if you ask me.

 

[adamstgbit]

if bitcoin is the future of money, then OMNI is the future of financial instruments!
lol.

OMNI is an experiment, high risk high reward type thing.
i think there's a few of other project out there doing similar shit.

thing is they opted to create their own blockchain, which in my books is a fatal mistake.

OMNI did it right. IMO...

I heard about it when BFX said they'd use it for BFXToken, and its price kinda doubled and the fizzled during that. but there's way more then speculative hype to this thing... they're on to somthing, somthing ahead of it's time, somthing that could prove Very useful down the line.

currently i think my OMNI bet ( placed last month ) is down ~15%
but you wait and see
[doublepost=1477204340][/doublepost]these days, I find myself wondering:

when are they going to fork it?

 

[adamstgbit]

buy or die.