Ninjastic
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
wachtwoord
on 18/12/2015, 23:09:38 UTC
Quote from: billyjoeallen on December 18, 2015, 10:30:56 PM
Quote from: wachtwoord on December 18, 2015, 10:12:57 PM
Quote from: billyjoeallen on December 18, 2015, 10:11:16 PM
Quote from: jbreher on December 18, 2015, 10:00:57 PM
Quote from: AlexGR on December 18, 2015, 09:52:17 PM
A while ago I was sitting in front of a block explorer seeing the transactions as they happened in real time, in USD terms... there were many 0.03, 0.07$ transactions etc. This is bullshit.

Cry me a river. What is the line between not-bullshit and bullshit? I don't measure it in size of transaction, I measure it in number of transactions. Do you personally run a full node? I do. If you do not personally run a node, WTF do you care about number of transactions? If you do, then why are you so damned cheap to spend another $USD 10 on HDD space, and another $USD 0.50/mo on bandwidth - especially as you're so incensed about small-value transactions?

I do too. SwampNode is running BitcoinXT.  Cost me $118 bucks, so any crybabies whining about the node problem can stop wasting their time. 

That's not Bitcoin but GavinCoin.

Fuck off. I know Gavin from 2011. I trust him. It was gavincoin when I bought it and if it's not gavincoin now, then I don't want it anymore. I'll sell the whole way up and still have more coins than most here.

I hope people like you will sell. May be prices should stay depressed for a few more years to accomplish just that.

People that want a bigger block are just socialists that want their free transactions. Fees is what pays for the security of the network. The block subsidy is temporary. The total value of the fees correlates directly into a level of security. Fees will be lower overall with a larger block size (more supply) so security will be lower. The unique selling point of Bitcoin is security that no power on this planet can break. A payment network that works globally is nothing new and NOT the goal of Bitcoin. The payment network is to bootstrap the store of value. That's all.