Bitcoin Forum
May 27, 2024, 01:23:09 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 [228] 229 230 231 232 233 »
4541  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 20, 2017, 12:00:31 PM
..  Right after BTCE is seized, I now have some FBI tard on my account shilling for bitcoincash and tethers.
Interesting theory. but sounds pretty paranoic Smiley why would fbi need your account for that

If I were FBI, I wouldn't throw away an old bitcointalk account anyway. Not that it means it's really the feds, eh.
4542  Economy / Exchanges / Re: Cryptopay Bitcoin Debit card + Giveaway on: August 20, 2017, 12:27:37 AM
Thanks for the code. I'm ordering a card very soon. Before I do, I have a question:

Can I get an unverified card first, with a dummy name, and later verify the same card with my real name?
4543  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 19, 2017, 11:50:51 PM
Done trading BCH for today Grin Thank you Ver and Jihan! Grin I managed to increase my total BTC stash by 32% today. Cool

Trading BCH is very dangerous! Sooner or later all BCH traders will become bagholders. Best course of action is to sell all BCH you have, buy BTC, and have a good long holiday for the next 2 months when B2X fork will give you new portion of free money.


you suggest to sell all of BCH allready not keep any ?

Of course. Current BCH price is a bluff. It is simply unsustainable. Ver Wu will run out of bitcoins in just couple of weeks. Ver is a nomad but I feel sorry for all people that work for Wu. They will have to look for new job soon.


Good i'm selling out ....... its Still Nice the Free money ....
Putting my money where my mouth is. I decided to sell too. $800 was too inviting. It's already down to $695 though...  Sad
The procedure is a bit inconvenient. I split the coins and now I sent a couple transactions to Kraken. They want 20 (yes, TWENTY) confirmations on the BCH before you can trade. Besides, Kraken is really acting like it's swimming in molasses. Someone here suggested it's the bad BCH guys trying to slow down the selloff.

Whatever it is, I'm afraid it will be down to $300 by that time. Hm, maybe I can wait it out and hope for another BCH pump/BTC dump by Ver&co.
4544  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 19, 2017, 10:46:30 AM
isnīt it a problem that there are miners hasing at 90% of the BCH network??
what about the 51% attacks which we have feared in the BTC past?

The 90% of mining is probably the miner who would 51% Bitcoin if they had the chance so they're not going to 51% themselves.

but then that miner can manipulate the BCH-system?

That miner probably co-owns it!  Wink
4545  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 19, 2017, 10:07:01 AM
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 Tongue
Isn't it obvious that it is Roger Ver and his buddies manipulating the market? South Korea anyone? Cheesy

You can't buy bitcoins with bitcoins (because that's what ver has). You need cash. Billions. Lots of billions. And billionaires (or funds) have that sort of cash to take the market from 1k->2k->3k->4k->5k, etc.


Neatly stated! This is what I meant in my previous post where I mentioned fresh money going to enter the system. That money isn't going to be Ver&co.
4546  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 18, 2017, 11:52:35 PM
A civilized country is an oxymoron. We're all savages.

Basically agreed, but it's not a 0/1 thing. There are varying degrees civilization for different aspects of civilization.
4547  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 18, 2017, 11:49:20 PM
I don't think panic about BCH is justified. My idea is that a few factors are at work.

Some bad guys are rehearsing the big pump&dump that will take place with the 2x fork.

The miners are rehearsing touch&go. It is mildly profitable at the moment, while BCH price is being kept high.

I think this situation can't go on much longer. BCH doesn't have hodler culture. My guess is most holders of BCH are just people that got a windfall and are either being lazy, prudent, greedy or all of the above. If I could sell my BCH at 0.50 BTC, without the hassle of swiping all my addresses first, with a reliable BCH client happy to do the splitting job for me, my finger would be on the sell trigger.

Putting real fiat or - god forbid! - BTC into BCH? No way. New money's coming into BTC already, more is due soon. I don't think they'll be eager to flood BCH with fresh money.

Wait and see is just the course of least resistance for me.
4548  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 17, 2017, 08:56:03 PM

I do too, but I think it would be nicer to wait for possible November turbolence before converting it all into BTC.
4549  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 15, 2017, 11:07:04 AM
Who sold at the bottom?

I sold.
My house so I can get moar cheep corn!!
 Grin Tongue Tongue Tongue
4550  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 15, 2017, 10:55:54 AM
people never learn ... obvious weak hands style dump (+ stop loss orders wipeout) and people in here already posting bullshits about dropping to sub 4000k

it's small correction, use it for your good or close charts and live Cheesy
May you be right  Lips sealed
Hoping for 3500, as I just got hold on some extra fiat that could be put to good use!
4551  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2017, 11:42:42 AM
Made 100 bucks playing music.

Guitar?
4552  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 12, 2017, 02:19:39 PM
Gdax prices still way above the rest. What do you think the matter is?
4553  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2017, 11:58:22 AM
Now, that's an articulated argument!  Smiley
I'm cutting stuff to avoid walls of text.

On the other hand of the people I know that publically admitted to voting "Leave"  are mostly farmers, engineers, doctors, nurses, armed forces,designers ,tree surgeons, builders,  people in the financial industry SME owners.... people with a more critical bent- and sure some are older- and more experienced, and actually have seen the rise  and fall of the EU and remember life before it - not all- taking age out of it - in my experience the people I have met or known have rarely been racist, are quite well informed  and financially literate, generally are self employed - well travelled, hard working intelligent people with analytical minds.

Now- I know this is anecdotal - and me and the group of people  I know and have met/are a small sample group- on the other hand - I have been talking to people about Europe and the EU  for about 20 years now - and not just in the UK - my family are from  and live all over Europe-  and I spend a lot of time in many parts of Europe talking to many Europeans, and have seen and heard the consequences in many countries for BETTER and for WORSE- and that has been my experience to be frank- the young urban "educated" group of people you refer to are in my experience the EXACT group of people that only gave a damn about Europe when the Brexit media machine started... then they all had expert opinions.
I can partially confirm your anecdotal reports. A good friend of mine, Englishman, married and living in southern EU, didn't vote because of logistics. That would have been Stay. His family back in England - constructors and engineers - voted Leave. They match your general descriptions. However, they are already regretting it.

Quote
I just do not believe in the trade bloc- I think it is ill conceived,poorly structured,over bureaucratic,low on accomplishments, and shockingly financially inept and irresponsible and as a financial experiment, that I have watched unwind over the past 20 years - I think it is a failure. Financially  speaking the union is already dead in all but name- there is NO way the union can survive without MASSIVE debt restructuring and right offs and essentially making a joke of the "governance" that has poured from it the past decade.
The trade bloc has pros and cons. I agree there's a significant admission price, but there's the advantage of running financial (and fintech!) services from London without additional costs. There's the advantage of selling UK-produced goods without trade barriers. It's a tradeoff, as usual. I happen to think the tradeoff would have a positive balance for the average UK guy had they Stay-ed.

Quote
BUT what I don't give a hoot about- a failed, and long time failing European trade bloc, that is bankrupt, and making decisions that frankly do not help the people of EUROPE...
The EU is indeed full of problems. Some of these problems will be hard to solve, or won't be solved at all. But there is good and bad in the EU. I'm trying to weigh one against the other.

Quote
Also please ask a  German or a Norwegian, or any of the fiscally restrained , tax paying countries if they are happy being in a trade block with their southern neighbours...
Don't know about Norway, but Germany took swift advantage of the EU when the Union wasn't so fiscally restrained. They snatched the opportunity to fix systemically large banks and basically spread the bill to the whole EU. It's only after this (legitimate given the rules at the time) financial laundry that they started to cry for rigorous monetary policies. Personally, I would welcome some more rigour. I think the 2% target on "inflation" (actually only on the CPI, which is not a true representation of inflation) is a scam - against fixed income workers at first, and against everybody else on the long run.

Quote
pps-  Back on topic  for me -  I don't know why I waded into this TBH

Maybe because you care?  Wink

Quote
I regret it already- frankly not the time nor the energy nor the inclination to go on about Europe any further.
On the contrary, I think we had a good and civil discussion. It can't be bad.
4554  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2017, 12:49:54 AM
Thai justice is brutal. Who wants to be that snowbird sitting in a Thai jail for smoking a joint or calling the king a cock. Land of smiles, indeed.

Maybe we should start a new thread about:
-Where you can live large on the cheap
-saying whatever you want
-smoke whatever you want
I think that bitcoin gentlemen would appreciate.

Sounds like paradise. Cheesy
I want to move to a place like that as soon as we get closer to the moon!
I've got a friend who built a kind of residential community in Jamaica, she says it's almost like this - at least in the community village. I actually doubt it's all honey roses, though. Maybe I should ask her for more details.
4555  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2017, 12:47:39 AM
on a decision that they were not qualified to make in the first place,

There you go with the elitist thinking again.  I am trying to be patient, but this is really offensive.

Who, pray tell, IS qualified to make such decisions in a democracy?

People who have a clue about the actual consequences, I'd say.

I can't speak for K~Ehleyr, but I have been following the Brexit matter closely since the debate started. The urban people, the educated, the young, overwhelmingly voted "Remain". So did some geographical/economical minorities (notably Scotland). The bulk of "Leave" voters were working class folk, afraid because they're losing their jobs to Polish plumbers. They have been lied to, their fears exploited cynically. Now these people see that the foreign plumber isn't going away anyway, but the City workers who used to be their customers at lunchtime or when their expensive shirts needed washing are going away if the government isn't able to negotiate merciful terms. And things look like the they won't be able to.

This is not about centralization/decentralization IMO. It's about an open market or a closed market. It's much harder to produce (or keep) wealth in the latter. Some of the uneducated are beginning to realize what happened above their heads, and they aren't going to be happy about that.

Nonsense.

Sorry but utter utter shyte

No need to be sorry for disagreeing.
Some more elaborated arguing wouldn't hurt, though.
4556  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 10, 2017, 10:11:24 PM
This is not about centralization/decentralization IMO. It's about an open market or a closed market. It's much harder to produce (or keep) wealth in the latter. Some of the uneducated are beginning to realize what happened above their heads, and they aren't going to be happy about that.

Either you're a shill or you're a fool. There Is No Alternative.


I must be a fool, then.
4557  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 10, 2017, 09:46:10 PM
on a decision that they were not qualified to make in the first place,

There you go with the elitist thinking again.  I am trying to be patient, but this is really offensive.

Who, pray tell, IS qualified to make such decisions in a democracy?

People who have a clue about the actual consequences, I'd say.

I can't speak for K~Ehleyr, but I have been following the Brexit matter closely since the debate started. The urban people, the educated, the young, overwhelmingly voted "Remain". So did some geographical/economical minorities (notably Scotland). The bulk of "Leave" voters were working class folk, afraid because they're losing their jobs to Polish plumbers. They have been lied to, their fears exploited cynically. Now these people see that the foreign plumber isn't going away anyway, but the City workers who used to be their customers at lunchtime or when their expensive shirts needed washing are going away if the government isn't able to negotiate merciful terms. And things look like the they won't be able to.

This is not about centralization/decentralization IMO. It's about an open market or a closed market. It's much harder to produce (or keep) wealth in the latter. Some of the uneducated are beginning to realize what happened above their heads, and they aren't going to be happy about that.
4558  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 10, 2017, 04:17:26 PM
However, the hostility that you mention comes from the fact that the promoters/camps of these alternate implementations are still trying to proclaim that they are THE ONE AND TRUE Bitcoin, when clearly they are not. Not by longest chain. Not by most popular support from users, merchants, brokers, and exchanges. Not by most mining support. Not by most hashrate. Not by any measure whatsoever.

So the hostility is aimed at their misguided promoters, not at the implementations themselves.
In other words, the forkers want to take control of the rules but keep the name (and value - that is, users, and market cap) of something that was built without them, in a different way, with different expectations: namely, that no single entity of trust of a few entities could take control.

The problem I have with this is that the present coven has only one objective in mind: the maximization of short-term miner profit. If this is good for the hodlers, the casual users, or other investors, is immaterial in their agenda.

An example: in due time, they could figure out that a hard cap on inflation (the "21 million" ceiling) isn't really necessary to maximize their SHORT TERM profit. They can sell the block reward before the inflation is "felt" elsewhere, or before it is fully felt anyway. Which means an increase in profit: the full reward, or the part of it that hasn't yet been discounted by the market as inflation.

Another example: censoring or reversing transactions that they don't like. When mining is really centralized, and miners make the rules, that's entirely possible. Therefore, by Murphy's Law, it will happen sooner or later. You want to send btc to some Chinese colleague of Assange's or whatever? You can't. You want to order a 1M$ mining rig from that rival of mine? Sorry, the transaction will never make it to one of my blocks.

I guess I could figure out better examples, but I hope you get the point. That would be the end of bitcoin as we know it.

Quote
I.E., - quit forking Bitcoin just to make a political statement or to gain more centralized control. It won't work.
Amen.
4559  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 09, 2017, 09:36:25 AM
https://www.youtube.com/watch?v=ep4HtGgOdjw
This time bitcoin will split in two. No one can force core nodes to accept 2x part, no matter what miners do. For the price of BTC this is bad of course. The last pump was glorious indeed, but it still is a pump, not a real slow progression in price caused by an increased demand. Not at all! Chinese miners exploited the lack of sell walls in Saturday to pump it to 3K hoping the traders will continue the rise to 4K and then they will sell everything down to 2K again. This time I will cash out and wait until the end of the storm.  Wink

Indeed i'm surprised that this Pullrequest hasn't got more attention. Disconnecting from SegWit2x Nodes doesn't sound good to me...  Undecided

I don't think it's so bad as it looks on paper. SegWit2x is who SegWit2x does. What's the use of staying connected with incompatible nodes that propagate blocks of the wrong size and might shield you from useful, compatible peers? The same could be said on either side - normal nodes and SegWit2x nodes.
4560  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 09, 2017, 09:31:27 AM
Fractional reserve is impossible with LN

Ha. Hahaha. Hahahahahahahahaha!

You've obviously thought through how the system will naturally evolve.

I haven't yet. Waiting for my crystal ball to get back repaired from the factory. It never worked as advertised.

However, I have read through how LN works technically. You can't open a channel that's not backed up by hard cash (btc). No promissory notes or other IOUs. You got the btc, you can open the channel - minnow or whale makes no difference. As for future natural evolution, only time will tell. Do you have a forecast to offer?
Pages: « 1 ... 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 [228] 229 230 231 232 233 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!