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2461  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 25, 2017, 07:05:10 AM
Almost every week an account being hacked.

Back to the game, still on $4300 and no ATH.

I still can't fathom how they did it. I only signed in from one device. The password was stored in Chrome's manager and on my desktop, and that's it. I had a Chrome extension that wasn't properly vetted, but then I'd have thought they'd try and access my trade accounts, but nope, just Bitcointalk. It does makes me wonder if this site is compromised.

Anyway, back to up, up, up. Congrats to all hodlers. Cool

Just admit it man...you sold your account to get your fix on <insert current Silk Road name here> then came on here claiming you were "hacked".

Well played my friend.
2462  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 25, 2017, 12:53:50 AM
2463  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 24, 2017, 05:17:45 PM
Had a dream last night

To sleep well consider to accumulate a decent stack of gold, which by now comes quite cheap in BTC, so you won't go to bed wondering if by tomorrow all of your hodlings could vanish in the cyberspace.

Then I have to stay up worry about how to protect my gold.
2464  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 24, 2017, 03:37:57 PM
Had a dream last night that I woke up and saw my bitcoin price ticker up over $400,000 and rising quickly. Saw it touch $500,000 as it came "crashing" back down to the high $300k range.

With such high numbers I couldn't even think of how much money that meant I had...just that I was fucking rich. Then I woke up  Cry
2465  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 24, 2017, 03:31:49 PM
On the horizon is rootstock, smart contracts linked to the bitcoin chain. What is ETH going to do?

I am pretty sure rootstock still requires federation to work, even with SegWit. Am I wrong on this?

I thought there was some necessary code changes in order for this to work programatically on the current blockchain.
2466  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 24, 2017, 06:20:59 AM
So does anyone notice any difference in the transaction or confirmation speeds now when the segwit is finally activated?

My bitcoins came through the other side so shiny.
2467  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 23, 2017, 08:06:51 AM
So I watch another index of my own invention. (Granted, all y'all may be watching the same index, but may or may not have quantified it as such).

'What index', you may ask? Well, it is the bitcointalk page depth index. At the end of the day, check how many new pages of drek have been added to BCT's leading forum (Bitcoin Forum > Bitcoin > Bitcoin Discussion).

Today, I count six. Six pages of drek, mostly filled with noobs being noobish. While this is tiresome, it is also a very bullish indicator. That's about half again our usual influx of newcomers to the crypto revolution.

Tomorrow we dine upon yeast piss and aborted sturgeon progeny!

this is actually not a new idea

the long term trend price of BTC is equal to the page count of this thread, so we are currently running at about .25 of the actual value...not even joking

So every post is worth 5cents. Keep it going guys Smiley (Itīs not up to me anymore, iīve contributed my 5cents for today  Grin)

I was offered what would now be about $2 per post if I put their ad in my signature.

Still not going to do it.
2468  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 23, 2017, 05:39:11 AM
Though the bitcoin price did not skyrocket when it hit $4,400 I am comforted by the fact that we are not in an exponential rise. This whole bull run has been fairly conservative.

I don't see a huge crash coming any time soon like we saw in 2013. If it continues it's fairly slow climb I will be pleased. Even if the climb slows to a crawl until the next quick rise.
2469  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 21, 2017, 10:16:06 AM
Ok then let me post this and I expect some of you to call me an idiot here but here goes.

I have paper wallets and my plan to get BCH is this...

1. Create new paper wallets and using bitcoin core wallet as a middle man I'll  transfer stash to new paper wallets.

2. Use a BCH software wallet and insert my old private keys (that are now empty)
(Which BCH wallet do I use? Is there more than one?)

3. When I want to trade them, send them to Kraken.


Will probably do this myself as well. Hard part will be moving the bitcoins to a new secure address.
2470  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 19, 2017, 01:36:08 PM
Ugh...I love how the first step in Electrum's offline linux version is to download python-qt4.
2471  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 19, 2017, 12:23:44 PM
I have time tonight. Time to install that BCH wallet on my extra computer.
2472  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 19, 2017, 12:09:05 PM
The only thing happening right now is that all of those people that wanted to cash their bcash for bitcoins already went through all of the trouble to do so. Now Ver and Wu are pumping their own bitcoins into bcash (I have seen the 500+ BTC buys pushing the price up on finex) and they are met with little resistance because nobody with bcash is there waiting to push the price back down.

Once the price motivates enough people to install the wallet and get their bcash to the exchange, the bcash price will crash.
2473  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 19, 2017, 11:12:43 AM
They are making a move for control and i am surprised people are just dismissing this so lightly. There are millions of $ changing hands here (over $3 billion volume). What happens if mining BCH is 2X or more profitable than BTC and the other miners jump ship on mass? .
Im getting really tired of bitcoin as a whole. Never ending drama which will imo eventually kill it.

Roger Ver‏Verified account @rogerkver  18h18 hours ago
More
 The original economic code that led to Bitcoin's great success is alive and well in the form of #BitcoinCash. Watch what happens next:

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

Bitcoin is still going strong. I am buying some stuff from Amazon right now.

The price is down a couple percent from this morning but still a pretty decent price. The only thing bcash accomplished today was holding off another bitcoin ATH this weekend.
2474  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 19, 2017, 08:15:04 AM
What a sidewings on the charts Damn  Shocked Shocked

Can someone explain Whats going on?

Weekend pump delayed while Ver and Wu dump their coins for yet another alt coin they're investing in.
2475  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 19, 2017, 05:45:29 AM
I just want to use Bitcoin as a currency. I honestly do not care too much about the small differences between the two chains. They both have SegWit which will allow the Lightning Network which will allow for fast, cheap microtransactions.

Not really. BCH doesn't have Segwit, doesn't fix tx malleability and obviously LN can't play with tx malleability without other workarounds (?). It's just "bigger blocks".

Didn't BCH fork off after the Segwit lock in? Or did they fork with a version that did not include it?

Would make sense as Wu would not want to expose his AsicBoost usage once SegWit gets activated. Much easier to just create a whole separate chain where he can continue to use it to mine blocks at an advantage.
2476  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 19, 2017, 05:41:04 AM
I just want to use Bitcoin as a currency. I honestly do not care too much about the small differences between the two chains. They both have SegWit which will allow the Lightning Network which will allow for fast, cheap microtransactions.
Then it has to be bch, thats the aim of it.as Satoshis knew it would be..no 3rd party,no 2nd layer, lower fees, higher txps and more.

No my chain is better...no mine is...no mine!

Whatevs.


Most of my bitcoin spending is done via third parties already. I am ok with that.

I spend bitcoins on Amazon through Purse, I pay my rent through a Korean wire transfer service. I have bought gift cards to pay for meals in the US and buy food in Germany. It all gets recorded on the blockchain at some point. And it allows me to hold bitcoins as my main currency.

Why do you pay rent instead of own being in this game so long? why do you do all of this dorky payments instead of using a debit or credit card? why would you prefer your payments get recorded on a public blockchain vs a private bank or credit card leger that only you can see? Why would you care if you hold bitcoins as your main currency?
curious questions for mr elwar

I rent because 4 years ago I set a goal to make enough money to retire in 5 years. That meant that every decision in my life revolved around making the most money I possibly could in that short amount of time. In order to help in doing this I made it a point to make my living arrangement as flexible as possible, I sold everything I own other than what can fit in a carry on and backpack. This allows me to take a higher paying job at the drop of a hat. I have even told my employers that if I have to go live in some hot, dark jungle with bombs falling all around me I would take the job as long as the pay was higher. In my line of business being mobile is a huge plus. I literally left Germany for a job in Afghanistan with 5 days to prepare.
I got rid of my credit cards years ago. Even if you plan on paying them off every month, life bites you in the ass sometimes and you use them as a crutch if you don't think you have enough money for the bill that month. Which usually ends in the card owning you. No debit card has made things difficult at times because things would be easier to just go to an ATM but I would be charged ATM fees plus currency conversion fees. I have been able to use bitcoins for such things in all but one instance on the Cambodian border.

I don't really care about my transactions being recorded publicly. I mainly pay rent and shop on Amazon if you want to see .14 bitcoins being sent from my address or .04 bitcoins being sent. In my line of work I can never do anything illegal and I never do (that I know of...everyone breaks some law). If I wanted to hide my purchase (buying a sex doll or whichever) I would just send money directly from an exchange or whichever. I do think privacy is important and believe it can be done if you want to, and LN will make that even more possible. With my line of work, the government knows everything there is to know about me.

I hold bitcoins as my main currency because it is the most convenient currency for me to hold and the value of my currency does not have the built in feature of losing value over time. I am not sure which currency I would hold if it wasn't bitcoin. Dollars? Euro? Won? I buy Won sometimes for spending money, I meet some guy in Seoul and he gives me a great rate, better than I could get from converting dollars to Won. I don't have a bank here in Korea. Bitcoin is much easier than trying to deal with all of that. I remember calculating the daily increase of value my bitcoins had in 2013, it was 1% per day. I converted each paycheck to bitcoins at a cost of 1%. That meant that if I got paid, then waited one week before purchasing something with that money, I made 6% return. Why would I only want to get 6% return on a small part of my pay when I could get that return on all of my pay? By looking at it as bitcoin being my main currency I don't play the game of keeping some dollars for spending then keep a certain percentage of bitcoins and go back and forth or whichever. Just do full on bitcoin and don't worry about playing that game. You can live on bitcoins, there's no reason not to.
2477  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 19, 2017, 02:38:49 AM
I just want to use Bitcoin as a currency. I honestly do not care too much about the small differences between the two chains. They both have SegWit which will allow the Lightning Network which will allow for fast, cheap microtransactions.
Then it has to be bch, thats the aim of it.as Satoshis knew it would be..no 3rd party,no 2nd layer, lower fees, higher txps and more.

No my chain is better...no mine is...no mine!

Whatevs.


Most of my bitcoin spending is done via third parties already. I am ok with that.

I spend bitcoins on Amazon through Purse, I pay my rent through a Korean wire transfer service. I have bought gift cards to pay for meals in the US and buy food in Germany. It all gets recorded on the blockchain at some point. And it allows me to hold bitcoins as my main currency.
2478  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 19, 2017, 02:32:15 AM
I just want to use Bitcoin as a currency. I honestly do not care too much about the small differences between the two chains. They both have SegWit which will allow the Lightning Network which will allow for fast, cheap microtransactions.
2479  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 19, 2017, 12:36:21 AM
If bitcoin and bcash reach parity I will sell both and wait.
2480  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 18, 2017, 03:00:11 PM
Ver and Wu just went full retard selling all of their BTC for an alt coin.
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