Don't understand why ether is stagnant
Bitcoin Price Tracking & Discussion -- 2017
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Otters27BARRELED IN @ SBR!
- 07-14-07
- 30749
#1226Comment -
JAKEPEAVY21BARRELED IN @ SBR!
- 03-11-11
- 29235
#1227holy crap it's blowing up right now
$5772Comment -
big joe 1212SBR Posting Legend
- 06-01-08
- 19380
#1228Holy sheet!Comment -
JAKEPEAVY21BARRELED IN @ SBR!
- 03-11-11
- 29235
#1229the way it's steaming, it might hit 6k by the stroke of midnightComment -
semibluffSBR MVP
- 04-12-16
- 1515
#1230Up $1000 in a day.Comment -
big joe 1212SBR Posting Legend
- 06-01-08
- 19380
#1231I purchased 1k on Monday, up to 1250 now. Won't be available until tomorrow and then get another 10% with heritageComment -
MeanPeopleSuckSBR Wise Guy
- 04-29-17
- 950
#1233It's not just ETH. Click the BTC tab to see the sea of red for practically every alt: https://poloniex.com/exchange#usdt_btc
Most alts are even down vs USD, which is very unusual when BTC's soaring.
FWIW, the majority opinion is that today's action represents some large institutional buyer/s buying into BTC before the upcoming hard forks, although IMHO, they're going to be very disappointed in the price of their Bitcoin Gold (BTG).Comment -
MeanPeopleSuckSBR Wise Guy
- 04-29-17
- 950
#1234Hey, Triple T, nice to see ya, buddy!
Yesterday I almost posted the excellent story about how you scooped the universe during the last hard fork, learning that BCH had been delivered to Bittrex, but I was too tired.
Are we gonna be hf buddies again when block 494,784 gets mined? That was fun and profitable.Comment -
QuantumLeapSBR Hall of Famer
- 08-22-08
- 6878
#1235Comment -
MeanPeopleSuckSBR Wise Guy
- 04-29-17
- 950
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goofyreSBR MVP
- 04-20-10
- 1933
#1237Finally Ethers turn to go up!!Comment -
Sam OdomSBR Aristocracy
- 10-30-05
- 58063
#1241Sammy's Nitro accts are liking thisComment -
shocka1212SBR Posting Legend
- 10-06-12
- 16788
#1242buying some eth.... gotta diversify a little.Comment -
Sam OdomSBR Aristocracy
- 10-30-05
- 58063
#1243an alternative view of November Hard Fork
Comment -
USCPHILLYGUYSBR Posting Legend
- 12-15-12
- 21744
#12445713Comment -
ChuckyTheGoatBARRELED IN @ SBR!
- 04-04-11
- 36974
#1245Where's the fuckin power box, Carol?Comment -
MeanPeopleSuckSBR Wise Guy
- 04-29-17
- 950
#1246Yeah, but "buy the dips" is easier said than done. On the day BTC crashed to $3000 last month, I posted several times here at SBR that I was buying and recommended others buy too, and got replies ranging between crickets to FUD.
Another example of how "buy the dips" is easier said than done is it implies you also have to sell the peaks. I've been selling this peak, but I've again noticed a lack of others racing to do the same. Have you?Comment -
MeanPeopleSuckSBR Wise Guy
- 04-29-17
- 950
Comment -
MeanPeopleSuckSBR Wise Guy
- 04-29-17
- 950
#1248
Besides, if they want to sell me their B2X, I'm happy to buy it from them on Bitfinex's futures market, right now, today.Comment -
mrpapageorgioSBR MVP
- 09-07-17
- 2974
#1249You gotta consider the source. Of course Core's going to say nothing but bad things about an improvement it's fought tooth and nail for 2 years.
Besides, if they want to sell me their B2X, I'm happy to buy it from them on Bitfinex's futures market, right now, today.
Right now, it seems to me core is arguing that they want to prevent the crowded 2 lane highway becoming a 4 lane highway because it wasn't what the original developers wanted.Last edited by mrpapageorgio; 10-15-17, 02:43 AM.Comment -
MeanPeopleSuckSBR Wise Guy
- 04-29-17
- 950
#1250What is their (Core's along with other groups supporting them) issue with this hard fork coming up? The main concern I've seen (that seems to be the least philosophical) is the claim that it will cost more to store the transactions in the blockchain being 2MB in size which may hurt the decentralization goal if only the big boys can afford to store the ledgers. I can at least see this as an argument that should be addressed; however, there are some people that are strictly against it from a philosophical stand point claiming that these forks weren't in Satoshi's vision when he created Bitcoin, yada yada yada. What is with some of these philosophical arguments against the fork? If you want widespread adoption and use, you have to figure out a way to make the transactions faster without severely increasing the fees. And right now, it seems the most logical way is to increase the block size so more transactions can be processed in one block.
Right now, it seems to me core is arguing that they want to prevent the crowded 2 lane highway becoming a 4 lane highway because it wasn't what the original developers wanted.
Heh, yeah, this is actually the continuation of a 1.5 year civil war fought over the best way to make bitcoin transactions faster and to reduce fees (scalability). The problem was the original maximum block size was set very low, only 1mb, and transactions were so numerous now that every block's bursting at the seams, so how do we fix it?
On one side was Bitcoin Core, the original BTC development team, and their supporters who believed the 1mb block maximum could be fixed using SegWit, a way to more efficiently arrange the transactions within each block but without raising the block size. Their greatest fear was that a hard fork of bitcoin (dividing bitcoin into 2 different coins) would destroy its value.
The other side, which came to be called Bitcoin Unlimited, believed that any upgrade in efficiency was, at best, just a temporary solution since if BTC transactions continue to expand, then eventually the 1mb size would have to be shattered by anyway. We called for an immediate hard fork, with the new coin being designed without any limit as to how large its block size might eventually become (the "Unlimited" part in the name).
Anyway, the war got crazy ugly, way worse than anyone wanted, and dragged on for 1.5 years until last May, when Core was largely victorious with an armistice agreement called SegWit2x. They got SegWit immediately and BU got a hard fork in November to 2mb sized blocks, but without the ability to expand blocks beyond 2mb if btc transactions continue growing.
To be fair, Core was right about SegWit: it has worked very well. But that's had the negative effect in some circles of folks wanting to renege on doubling the block size (the "2x" part of SegWit2x) in November.
Anyway, if you ask a bitcoiner what he thinks of BCH and B2X -- both coins arising from the BU movement -- his opinion is likely to be the same: he'll either like both or hate both depending on which side he fought for in the war.Comment -
MeanPeopleSuckSBR Wise Guy
- 04-29-17
- 950
#1251Is anybody else evaluating prices to buy back in? If so, what prices are you thinking?
I just set buys at 5240, 5040, 4740 and 4440, but those choices are based on absolutely nothing, so if anybody's got any opinions, I'm all ears.
I suck at picking bottoms, so as a defense mechanism I'm forced to dollar cost average across multiple numbers.Comment -
ChuckyTheGoatBARRELED IN @ SBR!
- 04-04-11
- 36974
#1252MPS, I like your setup. Good luck, pal.Where's the fuckin power box, Carol?Comment -
Sam OdomSBR Aristocracy
- 10-30-05
- 58063
#1253blockchain is congested and very slow this morningComment -
shocka1212SBR Posting Legend
- 10-06-12
- 16788
#1255$5977.. holy sh*tComment -
Sam OdomSBR Aristocracy
- 10-30-05
- 58063
#1256heavy activityComment -
shocka1212SBR Posting Legend
- 10-06-12
- 16788
#1257So close to 6kComment -
milwaukee mikeBARRELED IN @ SBR!
- 08-22-07
- 26914
#1258flew right through 6k... up to 6060 as i type
betonline put this on the board today, i think there might be value on the over
Bitcoin Bitcoin Price on December 31st 2017 12:00 PM 99901 Over $7,250 +165 99902 Under $7,250 -205 Comment -
shocka1212SBR Posting Legend
- 10-06-12
- 16788
#1259I think over as well... I have a big check coming in in the next few weeks. Throwing it all into btc ethComment -
USCPHILLYGUYSBR Posting Legend
- 12-15-12
- 21744
#1260Any US Non Pro who doesn't take advantage of SBR selling Bitcoin now should have their head examined....ITS FREE MONEY
my initial investment through BET POINTS is now up 42% SINCE 9/10Comment
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