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1321  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 06, 2017, 05:27:41 PM
You know what would be awesome...  If some of the gigantic genesis block Satoshi wallets piled their BCH onto an exchange and crashed the schidt out of the price... rinse repeat... then back to sleep.

Apart from everyone would freak the absolute fuck out if Satoshi did anything, ever, again  Cheesy

Absolutely bananas I tell you.

But yeah it would be something to behold..
1322  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 06, 2017, 04:33:20 PM
BCH Price under $200 at the moment.... and most BCH coins have not seen an exchange yet

snip
 

Most of BCC coins HAVE already seen the exchanges, the bitcoins that haven't probably never will... you can see there is almost no transactions (in the meaning of daily circulation of BCC) today compared days before today. It's been already dumped.




... are you sure about that ? current total volume over the past week across exchanges is  $1,151,633,897 (https://coinmarketcap.com/currencies/volume/monthly/

...so given the current supposed BCH in circulation, which is a figure that will be below 16,483,450 coins for obvious reasons  (and there have been around 44K active addressees in past 24 hours)

(Active addresses since Aug 1st https://bitinfocharts.com/comparison/bitcoin%20cash-activeaddresses.html )  

(Sent from addresses since Aug 1st https://bitinfocharts.com/comparison/sentbyaddress-bcc.html

...and given that the coins have traded between $650 ish and down to $195

.... the figures do not seem to add up?  

BitCash days destroyed anyone lol

Unless you think that a lot lot lot less than 16.xx million coins will be reaching market ie merely 5 ish million ?  do you  think that 70%of the coins will never be moved (neither the BTC nor the BCH? and are lost forever?)


Can anyone tell me  how many BCH coins have moved in past 7 days


(suppose  bitcoin days destroyed would spike though, as people would be moving coins from wallets as they are exposing private keys to claim their BCH)
1323  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 06, 2017, 03:21:24 PM
BCH Price under $200 at the moment.... and most BCH coins have not seen an exchange yet

 I am wondering if we will see another downward difficulty adjustment on BCH -be interesting to see if some miners will opt to fire up old mining equipment to mine the chain or if miners switch,or if there is a hidden pool ready to come  online... or if some/many miners will value supporting the BTC chain over any potential  short term profits of  switching to mine BCH.

I also wonder if we will see an accelerated BCH sell off when SegWit locks in for Bitcoin

If the price keeps dropping fast, and the BTC chain remains more profitable to mine, and the difficulty does not get pushed down on the BCH chain...

At what point does the death spiral become impossible to pull out of? will it be a financial death or a death of shame

Could it go to $1 and survive?  

Is it already dead at sub $200?

Is it $100 ? $50?

Does it all depend on how deep the BitCashCartel backers wallets are? pardon the pun.

How far are they willing to go? or are they really  letting the market decide?...  will the market  support this coin for more than a few weeks? and if so  is its  survival inevitable? even if it is niche?  could the coin even thrive in a certain scenarios? guess so, or it could  become/stay an obscure and little used Alt coin.

Would it would make more  sense to let the market crash- don't try and prop it up - because = expensive, but let it crash and then corner the market?

Is there a market worth cornering at that point?

Are they banking on mining wars to decide this?

How much thought have they actually put into this ?

Is there room for a BitcoinCash - will it gain any traction ?

The logo... the name.... Wait.... What the fuck guys? We  are under ATTQUACK!!

lol!

Fun to watch.





1324  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 06, 2017, 12:09:05 PM

BCH Update

There have been 100 blocks mined since the hard fork.

(679 blocks behind the original chain)


The Bitcoin Cash blockchain is currently operating at 17% of the original chain's difficulty.


The original chain has grown 599.51MB more than the Bitcoin Cash blockchain.


It is currently 154% more profitable to mine on the original chain.

Source:https://cash.coin.dance/blocks



Current Finex Price = $194 ish




...meanwhile


BCH Update

There have been 84 blocks mined since the hard fork.
(641 blocks behind the original chain)

The Bitcoin Cash blockchain is currently operating at 26% of the original chain's difficulty.

The original chain has grown 562.20MB more than the Bitcoin Cash blockchain.

It is currently 311% more profitable to mine on the original chain.

Source:https://cash.coin.dance/blocks

Current price = $205
1325  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 06, 2017, 02:11:57 AM
Should I worry about Roger's SegWit2x new coin?

How are we gonna call it? Saw someone commenting on Roger's infamous shitlet he would call it NYACoin...

what this one? https://www.reddit.com/r/btc/comments/6rqvdg/announcing_bcash_a_new_cryptocurrency_with_zcash/

anyway, no. whichever new coin comes along, worrying is verboten, bitcoin can absorb all these.

call it 'yet another new shitcoin'

I was referring to Segwit2x fork. Since Luke-Jr has stated there's no way for Core to get along with SegWit2x (New York Agreement) we expect another fork soon. My questions are:

does this new shitcoin offer any risk to Bitcoin value?

What will be this crap name? Based on New York Agreement and coinbase signatures some guys are starting to call it NYACoin...

"Cashcoin Unlimited New Technology Systems"

Has a nice ring to it..... bit of a mouthful
1326  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 06, 2017, 01:28:43 AM
...meanwhile


BCH Update

There have been 84 blocks mined since the hard fork.
(641 blocks behind the original chain)

The Bitcoin Cash blockchain is currently operating at 26% of the original chain's difficulty.

The original chain has grown 562.20MB more than the Bitcoin Cash blockchain.

It is currently 311% more profitable to mine on the original chain.

Source:https://cash.coin.dance/blocks

Current price = $205
1327  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 06, 2017, 01:22:54 AM
 Shocked

It stirs
1328  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 05, 2017, 10:55:03 PM
....... talking of dumps

I wonder how much longer will BCH hold $200 for  Grin
1329  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 05, 2017, 10:51:42 PM
This is why I call it a pump and dump. 

..... a pump and pump ?
1330  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 05, 2017, 03:57:43 PM
1331  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 05, 2017, 03:17:16 PM
http://nakamotoinstitute.org/literature/
1332  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 05, 2017, 01:54:05 PM
BIP 141 (Segregated Witness)
1916 blocks (95%) in the current 2016-block signaling period are required for BIP 141 (Segregated Witness) lock in.

1411 / 2016 blocks (100% so far)
605 blocks remaining in this signalling period.

BIP 141 (Segregated Witness) is currently projected to lock in during this period.

Aug 8th lock in

Few weeks later - segwit

Rally has already begun

Y'all see how LTC reacted to Segwit - that was a lot of fun  Smiley Wink

Ho- hum
1333  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 05, 2017, 01:30:40 PM
https://cash.coin.dance/blocks

Bitcoin Cash

There have been 78 blocks mined since the hard fork.

(563 blocks behind the original chain)


The Bitcoin Cash blockchain is currently operating at 26% of the original chain's difficulty.


The original chain has grown 501.30MB more than the Bitcoin Cash blockchain.


It is currently 238% more profitable to mine on the original chain.
1334  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 05, 2017, 11:16:54 AM
  Wink
1335  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 04, 2017, 02:00:21 PM
........meanwhile back at the plantation..

https://news.bitcoin.com/indian-government-take-immediate-steps-to-stop-bitcoin-use/
 
"[The panel] has recommended the government to take immediate steps to stop use of VCs [virtual currencies] such as bitcoins to protect people from potential frauds and curb money laundering. "

Lol- stop corruption and money laundering in India.... surely they realise that one the most corrupt people in India are the politicans (and their friends)

Yeah well, their gov just starting looking into bitcoin after rolling out a new sales tax and receiving hella backlash from the people.
https://www.bloomberg.com/news/articles/2017-08-03/india-s-pmi-plunges-most-since-2009-as-new-tax-roils-economy

Now do you see why? Let's see the steps...

1. Ban physical cash
2. Force everyone into a bank account (to track their transactions)
3. Income tax them
4. Sales tax them
5. Use bank account info to hunt down and convict tax evaders
6. Profit!

Of course... there is no doubt that India is currently haivng a war on cash (not just India) and it is of course to do with maximising their tax profits. 
1336  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 04, 2017, 01:55:09 PM
I'm suffering a slight hangover from the champagne yesterday, that I broke out the celebrate the free BTC the Chinese gave me. After the champagne I switched to beer, and when I was sufficiently sure of myself to be in a state of mind where I would be making wise decisions, I bought a new computer for 1 BTC. All the parts will be ariving today and tomorrow. Gonna make a playlist with all songs about making lotsa money and build my new rig this weekend.

I <3 crypto!!

I also got hella drunk last night Wink and am feeling it today  - still smiling though.
1337  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 04, 2017, 01:51:37 PM
So we were advised to remove our coins from exchange during the bcc shit show.
Now it turns out had you not followed that advice and done opposite you'd have
made out like a bandit.
People in the know did just that. ie., loaded up their exchange accounts
with BTC prior to HF and now laughing all the way to the bank....



Yup- When Finex announced how they  were going to deal with BCH- I actually  transferered BTC  to Finex - and bought more to acquire more BCC then sold most of the BCC at $550- got  a few more sell orders on the books now to catch a pump.  

 Bought back some BCC-effectivly for free (twice) with profits - plus now have a chunk of bids low on the books. The rest of the profits went into BTC -and is awaitng the Segwit rally(s)  

So basically I had my cake, got given a bit more cake- I ate my cake, and then  got given even more fucking cake.

It was a calculated (and somewhat last minute)  risk- turned out very well.

Ironically I advised most people that asked -to store their coins on paper wallets/ have control of their private keys.  Grin

I like a bit of risk....  and in fact I know exactly what I will assign some of the final free BCC profits too.... I am going to throw it at BCC (BITCONNECT) and Control Finance... and let  that free coinride out the magical blackbox of future dispare for 120 days and see how that goes Wink ...because frankly there seems something wonderfully poetic in doing so and plus-like I said- I like a bit of risk free risk.  

Funny AF.


(*Edit - Original BTC now back safe where they belong- off of the exchange! just the recently bought coins which I will keep there for now and bump on for a profit at somepoint in next three ish weeks)

(*ps I am wondering if Bitconnect will implode by October (and their supposed Thailand conference) hence I will throw half of this free money I am going to throw at this madness to control finance- they only just popped up- their insaneABox has gotta have at least 120 days in it- and the "beauty" with that is, you  actually cannot withdraw your principle- and so therefore you are going to get paid until the bastard explodes- personally its all for the shits and giggles so its just a win win win win situation -and it could be a profitable one too..  I just dont know what to tell ya...its going  to be good for a laugh -will keep you posted)

(*pps added bonus logging into Cryptopia- and Bittrex and finding that I had quitre a few low ball buy orders on the books for a few coins (mainly NEO/ANTSHARES) - so got credited  BCH/BCC there too- bonus - liquidating them straight away and they can buy a few more little ants Smiley  unreal)
1338  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 04, 2017, 01:35:42 PM
........meanwhile back at the plantation..

https://news.bitcoin.com/indian-government-take-immediate-steps-to-stop-bitcoin-use/
 
"[The panel] has recommended the government to take immediate steps to stop use of VCs [virtual currencies] such as bitcoins to protect people from potential frauds and curb money laundering. "

Lol- stop corruption and money laundering in India.... surely they realise that one of the most corrupt people in India are the politicans (and their friends)
1339  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 04, 2017, 01:10:24 PM
..... meanwhile back at zee farm in the mutherland

https://news.bitcoin.com/germanys-largest-bitcoin-exchange-hands-over-customer-data-voluntarily/

"The biggest bitcoin marketplace in Germany, Bitcoin.de, has been giving customer data to German police voluntarily. According to the country’s regional Motherboard publication, investigators in the region have been dedicating energy towards taking down darknet markets. The report details it is “easy for police to access user data” from the Bitcoin.de exchange.

Data given to police includes bitcoin addresses, names, associated emails, locations, account summaries, IP addresses, and login history. One customer, Stephan Jansen from Southern Germany is not pleased with Bitcoin.de’s voluntary disclosure.

“I am speechless,” explains Jansen. “I thought this is a serious company and that my data is safe there.”    "





Zeyy have ways of making you talk.... But apparently they just had to ask.

1340  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 04, 2017, 08:52:44 AM


You are hilarious...


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