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10841  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 19, 2017, 12:19:56 PM
This train ain't stopping til parity. It might dip but it'll get bought, baby.

Yup. If they reach parity they'll both be worth about $100.
10842  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 19, 2017, 11:30:24 AM

Im getting really tired of bitcoin as a whole. Never ending drama which will imo eventually kill it.

If a small group can affect the bitcoin market like this, what chance has it long term against bigger players?

Ever thought that's exactly how They want you to feel?

The Bitcoin market is still laughably thin. Anyone with the means can fully fuck with it.

Unless humans can be removed from it, I don't think it's going to end up how it was originally planned to be.
10843  Bitcoin / Bitcoin Discussion / Re: What is best cold storage for bitcoin? on: August 19, 2017, 11:04:18 AM
My opinion is that the best store of bitcoin is the account verified on the exchange. First, you always have the ability to quickly sell their bitcoins, and secondly you can earn by selling and buying coins. Why keep it in the fridge?

That's the shittest advice that it's humanly possible to give.

Go and take a long look at yourself in the mirror and disinfect your keyboard. Because it's caked in feculence.
10844  Bitcoin / Development & Technical Discussion / Re: Just confriming, segwit or segwit2x is going ahead on BTC? on: August 19, 2017, 10:40:46 AM
But they began to be quite when they saw everyone is "ok" with segwit2x. Till now, when segwit will be implemented next week.
It was like "ahh they are signaling segwit2x.. well segwit is ok, they can signal it.. lets tell them when segwit is implemented, that we wont support the 2x part".

They didn't endorse any of it at any moment.
10845  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs on: August 18, 2017, 09:38:21 PM
So is anyone here looking to increase their XEM position because of the BTC forks? I'm starting to get fucking bored of Bitcoin's endless bollocks. NEM feels like quiet contemplation in comparison.
10846  Alternate cryptocurrencies / Speculation (Altcoins) / Re: So It's happening, Bitcoin Cash TAKEOVER, mining is currently more profitable on: August 18, 2017, 05:12:58 PM
who else do you need?

More than one corrosive creep who desires control over everyone's money. But I'm one of those airy fairy types who doesn't agree with that.
10847  Alternate cryptocurrencies / Speculation (Altcoins) / Re: So It's happening, Bitcoin Cash TAKEOVER, mining is currently more profitable on: August 18, 2017, 05:08:58 PM
Are there numerous miners moving to Bitcoin Cash?
Those that make the claim should show the proof.

Quote
Unknown Bitcoin Cash Miners Control Almost 97% of the Network’s Hashpower

There are many peculiarities about the Bitcoin Cash network. Perhaps the biggest concern of all is an unknown entity that continues to mine the vast majority of network blocks. No one has any idea who is behind this mining effort or how many people may be involved. So far, it seems the majority of mining rewards from those blocks have been sent to two different addresses.
https://themerkle.com/unknown-bitcoin-cash-miners-control-almost-97-of-the-networks-hashpower/  (article from 1 day ago)

ouch


I'm going to guess that the unknown miner starts with Bit and ends with Main. I may be totally off my rocker.

But I'm not.
10848  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 18, 2017, 03:42:57 PM
It seems really odd to me that Core hasn't just implemented a 2MB blocksize. Even if there's no technical need, there's a social need. Instead, they've let a deep division in the community grow much deeper.

Now everyone is so emotionally invested in one side or the other that I fear it may be impossible for the community to unite and heal.

They would regard that as coercion. It's an unfortunate clash between real worldliness and techno diligence.

As soon as the 1MB thing was put in place by Satoshi it was picked up as a future nightmare by others. Even when BTC was nowhere back then, anyone could tell you 200 and something thousand txs per day wasn't ever going to be enough even if it was a modest success.

Something should've been put in place long before it actually became an issue, either artificially created or not.

10849  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 18, 2017, 03:09:19 PM
Anyone going to walk away from crypto if BCH wins? Or are you happy to use whatever coin comes out on top? I got into Bitcoin for the same reason it was created in the first place, being sick and tired of greedy billionaires manipulating the system for their own gains. And yet here we are, Roger Ver trying to devalue the wealth I already have in order to achieve adoption of his shitcoin. Sounds like a plan straight out of the centralised bankers playbook. It fucking stinks.

Nah. Just switch to maximum fiat extraction and buy lots of studio flats and install heroin addicts in them.

If BTC can be rogered this easily then it doesn't deserve to survive.

10850  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 18, 2017, 01:39:59 PM

I think you know even less about real state than you do about Bitcoin. The real state bubble exploded years ago. Maybe in some places/locations/type of property there is still some overprice.... but there are LOTS of great buying opportunities.


It completely depends on where you live. In the UK it most certainly has not exploded.
10851  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 18, 2017, 12:14:43 PM
http://www.scmp.com/business/china-business/article/2107364/china-calls-rein-risks-surging-bitcoin-market

Hey look. It's another China 'ban' on the horizon.
10852  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 18, 2017, 12:21:50 AM
WHat percentage of BCH do you guys have in relation to the fork moment? ie: 0%, 50%, 110%....

95% still. I got rid of that 5% when blocks were worth celebrating. I should've got rid of all and bought back lower.

It's going to be an eternal pump and dump dream from now on.
10853  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 17, 2017, 09:18:30 PM
Are there any online wallets that can sweep BiCH coin? I don't want to wait weeks for full client to load

Coinomi.

https://medium.com/@coinomi/collecting-your-free-bitcoin-cash-coins-44fcc6008bb6
10854  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 17, 2017, 06:52:52 PM
Firstly, I'm still 90%+ in BTC, so whatever I say against it is against my interest. And yet I'm trying to be honest because I believe that truth pays.

I'm not an expert, but I see several problems with BTC:
- no incentives for full nodes;
- the limited tx throughput together with second level networks could create perverse incentives where some L2 operator spams the main network to direct traffic to his L2;
- the amount of energy dissipated to mine is already ridiculous;
-... (add more here)

They've all got their flaws. What differentiates BTC is that the flaws have been deeply explored and are slowly being addressed by skilled people. All the while it's still operating perfectly at max capacity.

Its origins can never be replicated. Its operational track record is pretty stunning.

It would take absolute technical perfection, flawless integrity and the closing off of every imaginable exploit for something else to turn enough heads. And by the time everyone was on board there'd be unimagined gaping holes found by someone.
10855  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 17, 2017, 05:34:51 PM

Eh?

Bitcoin Difficulty:   923,233,068,449
Estimated Next Difficulty:   933,017,161,037 (+1.06%)


BCH.

r/btc are firing up their mothers' vibrators to mine it after the difficulty drop and cause all the other miners to switch while simultaneously spamming the 'other' chain until it dies completely.

A wonderfully nuanced and balanced plan from some great guys.
10856  Economy / Speculation / The Social Engineering Thread on: August 17, 2017, 04:49:44 PM
Is it real? Is everyone well meaning? Are there bad actors compromised by states? Have we all been hypnotised by Core's soothing words? Is Bitmain controlled by a joystick installed in Xi Jinpgin's desk? Does everyone want it to succeed but can't see eye to eye?

This is self moderated so I might even socially engineer you. HA.

But I would like to hear some theories or examples. Any of the usual boring shit from the usual suspects will be deleted. It's been heard a trillion times here. I'd like the thoughts of people who rarely pipe up about their observations.

Item number 1 - Bitpay failing to mention that the upgrade offered to their users comes with forking fun - https://twitter.com/BitPay/status/898182956912705537
10857  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 17, 2017, 04:39:46 PM
...in further non-news today, Bitpay lied again https://blog.bitpay.com/bitcore-segwit-activation/

They're deceiving their users. That's borderline fraud is it not?
10858  Bitcoin / Bitcoin Discussion / Re: Corrupt Central Banks and Governments just gonna sit back and watch Bitcoin win? on: August 17, 2017, 01:35:48 PM
Bitcoin can be 'huge' with very few people involved.

If you hadn't noticed most of the world is skint and dependent on central banking. How many gold owners do you know?
10859  Economy / Speculation / Re: Would you believe it if I told you I am less bearish? on: August 17, 2017, 01:11:04 PM

The question is, what's more important to Jihan, money or kicking the core developers out?

So far, I'd say kicking the core devs out.


There's far, far more money to be made once he's 'fired' Core. Him and his wee friends will be in full control of whatever form of Bitcoin it is by then. It's short term pain for long term gain.
10860  Economy / Exchanges / Re: Bitfinex - price manipulation, fake transactions on: August 17, 2017, 01:01:38 PM

This entire explosion from March would've been a lot more reassuring had it not been tied up in this. There are really only two options here. Either the rest of the market has moved on and so much further up by the time the tide draws out on Bitfinex that it no longer matters, or we're going to have another 2014/15.

With knobs on.
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