Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
No risk avers business will follow this concept, where there is proof now that easy peasy on chain scaling works and there is no logic to friggle some crap around bitcoin to give room for higher risk solutions.
Bitcoin (and all that already high energy usage) on chain should be used up to its limits first and than off chain solutions have time to prove safety over same period of time bitcoin did.
Bitcoin (and all that already high energy usage) on chain should be used up to its limits first and than off chain solutions have time to prove safety over same period of time bitcoin did.
The only unexplored limit I can think of right now, is some stuff I've read about compressed blocks, which is essentially a system of different representation of the data in terms of network transmission and data storage, which might reduce block size by around 30%. It's like a custom compression scheme tailored for bitcoin, instead of relying in a compression library that might have vulnerabilities.
It's clearly an orchestrated pump if you take a look when it started and how it is moving. You've got to be out of your right mind to actually want BCH. I don't like the price of Bitcoin at the moment.
I would call it "orchestrated accumulation of coins". The accumulator is even leaving the market to dip so he can get the order books to his liking before proceeding to buy. I don't know who he is / who they are, but they do have pretty deep pockets
