Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

in the meanwhile LTC is rallying. Looks like something is afoot.

Segwit on the way for LTC, great news for BTC... a solid test that should get some more support.

I really hope it will be activated soon.

Yes, that's a good stage to get a rough idea of what that will be for bitcoin as well. Only one real concern is always present: I don't feel much comfortable knowing that a large pool (f2pool) controls more than 50% of the global hashrate.
Anyway, I care about segwit's adoption to see whether that works or not.

I for one reject segwit on political grounds.

But who am I? I'm not even mining any more.

yeah feels like the liberals got in and told them how it is all going to fall down if we do not invade the code

I for one think its too early.

Maybe in 20-30 years. And if it goes down badly... then the users/adopters will start voting with their computers, having enough processing power to fight against it. Or... maybe in 3-4 years... Cuz if we go the 20-30 years thingy ... then the miners might have equipment that is quantum and Moore's Law would not apply anymore because there would be no "moore" after the last more..

Meaning if we have it in 2-3 years... we have enough adopters to rebel if it goes wrong... and the technology we know it can go "moore" ..

And for them it would be a cost/investment burden just to maintain political power.. Cheesy