Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
billyjoeallen's short doesn't seem so ridiculous today.
Yeah, but from what I recall, he began to make it in about the mid $370s and he staggered it a bit to add more and more to it until about the $390s...
So, yeah, it's possible that we may go back down into the $390s or even lower, but BJA was probably considering going into the $360s or lower, which seems a bit of a further stretch.. not impossible, but todays momentum seems somewhat inclined towards the up... with possibly a correction to lower $400s or possibly into the $390s?
Yeah, I'm guessing too.
if todd tomorrow makes it clear that he will never touch 1MB block size
shit could hit the fan? who knows...
Yeah, but Todd is just one of the voices of the core supporters. Maybe he is vocalizing the general direction of core, but really if he were to assert "never" anything related to blocksize, he is going to be discredited, no? I mean any "never" is conditioned on a large number of variables, and if he were just expecting that there are going to be other work arounds, he really does not know how it is going to play out 6 months from now or even 2 years from now. So "never" may end up translating into 6 months, when conditions change, and when the situation needs to be reevaluated, no?
Adam, you really seem to be getting caught up on this Peter Todd thing and even this sense of emergency that we need 2mb now... it's as if you and BJA have traded accounts, because at the moment, even BJA is sounding a bit more measured. hahahahahhaha
I was under the impression core would bump limit eventually.
I was hoping Todd would confirm that, he didn't, if anything i feel he never wants to touch it, and wants LN to be the solution, that seems to be his end game. and he's willing to use FUD to get people agreeing with him, classic isn't acting with any more class, but thats no excuse to sink to their level.
I don't think we need 2MB NOW or everything is going to fall apart, but it has to be in the cards, or everything will eventually fall apart. thats my feeling, cheep TX is absolutely necessary for the network to keep growing, thats my view.
O.k. If we are going to give some kind of meaningful weight to the words of Todd, then even listening to him in the LTB interview, you can also hear him saying that any kind of Hardfork and disagreement is a bad idea to attempt to hardfork with even a few percentage in the minority.
In that regard, even if he is talking about contentiousness in terms of increasing the blocksize limits, he really seems to be asserting the dangers of a hard fork and having people who oppose the hardfork working on the other side of such a hardfork.
So in that regard, even if Todd may be a bit less than artful in the way that he made his claims, he is voicing opposition to a majority forcing some kind of outcome on a minority (thus he is saying something like: "hardforks are dangerous no matter what and we should go through considerable efforts to avoid hardforks, if possible")