Poll
Question: Closing BTC Price June 28:
$0 - 5 (2.6%)
<$7,000 - 4 (2.1%)
$7,000-$7,499 - 0 (0%)
$7,500-$7,999 - 0 (0%)
$8,000-$8,499 - 1 (0.5%)
$8,500-$8,999 - 3 (1.6%)
$9,000-$9,499 - 4 (2.1%)
$9,500-$9,999 - 27 (14.2%)
$10,000-$10,499 - 26 (13.7%)
$10,500-10,999 - 15 (7.9%)
$11,000-$11,499 - 14 (7.4%)
$11,500-$12,000 - 17 (8.9%)
>$12,000 - 59 (31.1%)
>$20,000 - 15 (7.9%)
Total Voters: 190

Pages: « 1 ... 13018 13019 13020 13021 13022 13023 13024 13025 13026 13027 13028 13029 13030 13031 13032 13033 13034 13035 13036 13037 13038 13039 13040 13041 13042 13043 13044 13045 13046 13047 13048 13049 13050 13051 13052 13053 13054 13055 13056 13057 13058 13059 13060 13061 13062 13063 13064 13065 13066 13067 [13068] 13069 13070 13071 13072 13073 13074 13075 13076 13077 13078 13079 13080 13081 13082 13083 13084 13085 13086 13087 13088 13089 13090 13091 13092 13093 13094 13095 13096 13097 13098 13099 13100 13101 13102 13103 13104 13105 13106 13107 13108 13109 13110 13111 13112 13113 13114 13115 13116 13117 13118 ... 24401 »
  Reply  |  Watch  |  Notify  |  Mark unread  |  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21254278 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (68 posts by 16 users deleted.)
Cconvert2G36
Sr. Member
****
Offline Offline

Activity: 392
Merit: 250


View Profile Personal Message (Offline)

Ignore
August 12, 2015, 04:59:56 AM

The max_blocksize debate takes a big step forward. All the major chinese pools voting for 8MB blocks  by stamping the blocks they are mining. This plus chinese devaluation = UP.

The big miners are always going to want 8mb blocks, they have the economic incentive to as they can punish the smaller miners by not relaying their solved blocks to them and with the added bandwith needed to relay the larger blocks the big miners only relaying their blocks to the big miners
reduces competition and centralizes even more.

Are there really small miners anymore? Even the small guys point at big pools. If anything, the remote mines in china may be at a disadvantage compared to locations with better bandwidth.

The concern with big blocks isn't the mining nodes, it's just the regular nodes. People worry about a percentage of them shutting down after balking at increased network costs leading to more centralization on a relaying node (vs mining node) level.

It's definitely not resolved yet, but progress is good, markets hate uncertainty.