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4841  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 02, 2017, 05:02:49 PM
Oh! HitBTC has now lowered the requirement to 2 confirmations. So my BCH is already available.... but it is priced half than the last I sold Sad
4842  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 02, 2017, 04:59:28 PM
Sold them all ! I am getting fucking drunk now !

THANK YOU ROGER VER!!!!!!!!!!!!

Lucky you. Most of my BCH is still sitting on my ledger and at this rate it will take me long time to trade them all. I don't feel confident enough to send it all to HitBTC before doing partial withdraws, plus they are requiring 5 confirmations now. Well, you can't always get it right.
4843  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 02, 2017, 04:49:07 PM
Large blocks = Gold
Segregated Witness = Fiat

Asia wants gold.
USA wants to print money.
changing bitcoins block size via politicalbattle destroys its gold like property.

So you're admitting segwit destroys bitcoins gold-like properties.

When 100% of hashpower and most actors and participants have agreed that Bitcoin have to have Segwit, then that's Bitcoin and if it doesn't have Segwit, it isn't Bitcoin. If, tomorrow, almost everybody agrees to have bigger blocks, then that will be Bitcoin and smaller blocks won't.

How is that so hard to understand?

That's a good explanation. But what happens if 51% of hashpower want bigger blocks but Core Developers refuse?

51% would be an attack. In fact that how it is defined: "The 51% attack". Consensus is somewhere around 95%. No consensus? No change.

It is undeniable that we have had the utmost consensus on the segwit issue, so: It is Bitcoin.

Miners have power, Core does too, Exchanges too, other major players and users/participants too... If almost everybody except core agree on something then you can be sure Core will be unable to avoid it.

If 100% of hashpower want bigger blocks, do you think the devs will fold for economic reasons like how the miners folded for segwit?

Yes.

But it is a bit more complex than that... You don't even need 100% of miners while you need some more actors besides miners too. That's why I mention CONSENSUS, not only pure hashpower. Segwit2x have been a CLEAR example on how future improvements can and should be made in Bitcoin.... be it Segwit, bigger blocks, or whatever.
4844  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 02, 2017, 04:46:29 PM
This Shitcoin Cash experiment teaches that Bitcoin should have a difficulty adjustment enhacement. It might prove usefull in the future.

It might be dangerous, too. It would make it quicker, then easier to orchestrate a 51% attack by swinging the difficulty wildly, progressively retiring miners from BTC and then coming back on full force at attack time. This could be prepared and deployed when the hashrate is dropping for other reasons (some other problem on the BTC network).

Both things could be dangerous but, at the very least, it requires some consideration. The adjustment algorithm could take into account some long timeouts, sorta a failsafe that should never ever activate in ideal conditions but just in case of total failure in producing new blocks for a long time.
4845  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 02, 2017, 04:23:12 PM
Large blocks = Gold
Segregated Witness = Fiat

Asia wants gold.
USA wants to print money.
changing bitcoins block size via politicalbattle destroys its gold like property.

So you're admitting segwit destroys bitcoins gold-like properties.

When 100% of hashpower and most actors and participants have agreed that Bitcoin have to have Segwit, then that's Bitcoin and if it doesn't have Segwit, it isn't Bitcoin. If, tomorrow, almost everybody agrees to have bigger blocks, then that will be Bitcoin and smaller blocks won't.

How is that so hard to understand?

That's a good explanation. But what happens if 51% of hashpower want bigger blocks but Core Developers refuse?

51% would be an attack. In fact that how it is defined: "The 51% attack". Consensus is somewhere around 95%. No consensus? No change.

It is undeniable that we have had the utmost consensus on the segwit issue, so: It is Bitcoin.

Miners have power, Core does too, Exchanges too, other major players and users/participants too... If almost everybody except core agree on something then you can be sure Core will be unable to avoid it.
4846  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 02, 2017, 04:13:05 PM
This Shitcoin Cash experiment teaches that Bitcoin should have a difficulty adjustment enhacement. It might prove usefull in the future.
4847  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 02, 2017, 04:07:49 PM
Large blocks = Gold
Segregated Witness = Fiat

Asia wants gold.
USA wants to print money.
changing bitcoins block size via politicalbattle destroys its gold like property.

So you're admitting segwit destroys bitcoins gold-like properties.

When 100% of hashpower and most actors and participants have agreed that Bitcoin have to have Segwit, then that's Bitcoin and if it doesn't have Segwit, it isn't Bitcoin. If, tomorrow, almost everybody agrees to have bigger blocks, then that will be Bitcoin and smaller blocks won't.

How is that so hard to understand?
4848  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 02, 2017, 04:00:13 PM
Are hitbtc reliable? Their UX does not inspire much confidence! How about ViaBTC? Anyone has any experience with them?

i haven't heard great things about hitbtc. viabtc have been around for long enough.

i sent some to viabtc with the expectation of not getting anything back. i'd do the same for hitbtc.

anyway maybe there'll never  be another block in which case there's nothing to worry about.
Wait for kraken and send your coins there with full confidence in getting them back instead.

Well I have already withdraw back to my Ledger the BTC I got for selling a couple of BCH on HitBTC that arrived in the last mined block. So I couldn't be happier. Unfortunately it was only a test transaction and that's all I could trade atm.

Now they are requesting 5 confirmations before crediting the BCH (I only needed *1*).
4849  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 02, 2017, 02:32:30 PM
The controlled max supply claim to fame is now obliterated. There are more than 21,000,000 tokens.

The whole premise of Bitcoin is being undermined and people are A-Okay with it, fools that they are.

Bitcoin cash is a shitcoin, not Bitcoin. There are already thousands of those. Bitcoin is still limited to 21 million tokens. Nothing have changed.
4850  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 02, 2017, 02:30:02 PM
What is a good and safe BCC wallet?

For things like this the best and safest would be using a hardware wallet. I was able to do the process easily and with no risk with my Ledger Nano S.

I will always keep telling people hardware wallets are key to the future of Bitcoin and software wallets are a thing of the past and maybe only useful for a few bucks in mobile phone wallet.

Besides that, I would suggest you first move all your Bitcoins to a new address with a different private key (not in the same HD wallet) and then you can proceed "extracting" the BCH with less worries.
Most of us don't have those fancy magical things. It needs a software wallet with the quickness.

That was all FUD to move people to desktop wallets. It was only useful for Core to pretend it's actions had community support.

Move to an exchange, it's professional, faster, more reliable and usable unlike most desktop versions I've seen. Do your own due diligence before you chose one or more exchanges ofc, this is still a cowboy industry.

Oh yeah, exchanges are the best option for sure... tell that to mtgox or btc-e customers.

Why do people keep thinking the only alternative to exchanges are SOFTWARE WALLETS? Hardware wallets are a thing since several years ago... EVOLVE.

Exchanges are only good for buying/selling and trading, for only the minimun necessary amount and the minimun time needed. Software wallets are only useful for a few bucks (a few thousands the most)... so basically useless for absolutely anything except a small mobile phone petty cash wallet.
4851  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 02, 2017, 02:06:29 PM
So it's dumping/correcting/profit taking   Have BCH been arriving on exchanges? I know that's not the case for Kraken at least, though Coinfloor has been taking transactions for a while now.

No new blocks mined, so no. I was able to send some BCH to HitBTC in the last mined block which I sold for 0.28 BCH/BTC.

maybe I'll buy this dip then . . .  eek!

Risky business... but it's your money.

I am more focused in how to extract the most of my sellling than to buy any of this shit. It would not be free money if I end up bagholding.
4852  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 02, 2017, 01:53:03 PM
So it's dumping/correcting/profit taking   Have BCH been arriving on exchanges? I know that's not the case for Kraken at least, though Coinfloor has been taking transactions for a while now.

No new blocks mined, so no. I was able to send some BCH to HitBTC in the last mined block which I sold for 0.28 BCH/BTC.
4853  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 02, 2017, 01:46:30 PM
What is a good and safe BCC wallet?

For things like this the best and safest would be using a hardware wallet. I was able to do the process easily and with no risk with my Ledger Nano S.

I will always keep telling people hardware wallets are key to the future of Bitcoin and software wallets are a thing of the past and maybe only useful for a few bucks in mobile phone wallet.

Besides that, I would suggest you first move all your Bitcoins to a new address with a different private key (not in the same HD wallet) and then you can proceed "extracting" the BCH with less worries.

Can you use Ledger and Trezor for storing both coins at the same time?

I can confirm on Ledger Nano S. It has a blockchain selector. Trezor probably too.
4854  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 02, 2017, 01:30:08 PM
What is a good and safe BCC wallet?

For things like this the best and safest would be using a hardware wallet. I was able to do the process easily and with no risk with my Ledger Nano S.

I will always keep telling people hardware wallets are key to the future of Bitcoin and software wallets are a thing of the past and maybe only useful for a few bucks in mobile phone wallet.

Besides that, I would suggest you first move all your Bitcoins to a new address with a different private key (not in the same HD wallet) and then you can proceed "extracting" the BCH with less worries.
4855  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 02, 2017, 01:36:16 AM
wow...my ledger wallet just split off all my free bcc coins for me. i didn't do anything. sweet!!

what with free byteball, xlm, bitsend, and now bitcoin cash ...
well, all i can say is..... ( with a shout out to SNL character Chico Escuela)

bitcoin been berry berry good to me!!!

Bitsend and XLM are something I can get for free for holding BTC?
4856  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 02, 2017, 01:33:39 AM

Guys, i made 4 bitcoin, just by lending the hell out of it, at 5 percent. And i have no idea what bcc, bch is.
Could i have done better ? I mean, it´s still 2700. 4 multiplied by 2700. I´m off, wanking.

Well, let's see...

4BTC is 5% of 80BTC.
You would have received 80 BCH.
Right now, kraken lists the price of BCH as 0.13563 BTC.
80 * 0.13563 = 10.85 BTC.

Did you do good? You tell me. Was the lesser risk worth a 2.5x difference? Personally, I would have gone for the BCH, but then again, I believe that BCH rather than segwit is the proper route forward for Bitcoin.

(actually, I went for the BCH)



When y'all gonna start dumping your BCH like you were whining about yesterday? I want more cheap Bitcoin Cash!


Where can I dump? Most exchanges that I checked are not accepting BCC deposits. I tried to sign up for VIABTC and I keep getting an error "Don't try too frequently." WTF, I got this error on the first try. How is that too frequent?

Same problem here. I thought it was some incompatibility with my OS/Browser. Good to know I am not alone.

So... VIABTC is not accepting new signups?
4857  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 02, 2017, 12:30:31 AM
ATH Exploded on bittrex...  Shocked

anyone who thinks this won't be added to every single exchange is nuts. the fees earned will be incredible.

Yes.

I just hope if/when bitstamp adds it it will credit BTC holders. I have one BTC there that I couldn't move on time because I forgot to take the 2FA with me.

Coinbase already said something in the line that if they ever add the coin then they will credit it, not that they are claiming it for them.

4858  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 01, 2017, 11:04:32 PM
This is almost funny:

Quote
Kraken Exchange‏Verified account @krakenfx

Waiting for BCH funding? Relax, take a walk, smell the roses, enjoy the day, it's not happening anytime soon folks. ETA 8-80hrs when safe.

In the meantime BCH price has risen to 300€ as most people already sold their credited BCH.

Now lets see if I can find anyone reporting to having already split his coins using ledger nano.
4859  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 01, 2017, 08:45:22 PM
Crack Cash pump incoming, gathering 'cheap' coins on panic selling. Wont last though, sell the pump !

Trace Mayer publicly stated tht he was waiting for the order book to fill up before dumping big on it

These guys are not thinking strategically.

It may take years from now, but I will wait until the pumpers have control of 95% of the BCH and an ultra thin market float, and they decide to pump BCH to the absolute moon. I'll wait until it has peaked to new lofty heights, when there's talk that BCH is going to overtake BTC, and all that other organized FUD they will be spewing.  

Then I will dump all.  Grin

It's you who is not thinking strategically. Hedging is key. Dump half now or over the next few days, hold the rest in case that scenario really comes (which I doubt).
4860  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 01, 2017, 07:45:26 PM
BTC going up while guys looking at altcoin..

Why do you think it is going up? We are buying more BTC with the shitcoin! Smiley
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