Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Fakhoury]

XT now at 3 blocks out of every 1000 blocks

i got a BBBBAAADDD feeling about this

Unless Core devs work on something out QUICKLY, this will be a disaster by all means.

[TerraMaster]

XT now at 3 blocks out of every 1000 blocks

i got a BBBBAAADDD feeling about this

long way to 750   but I think its coming like it or not... maybe not....

Any other pools allowing mining with new version outside of Slushs pool?

[Peter R]

Somebody is launching a shitload of XT nodes all on VPS hosting, the next step in the saga.

What makes you believe it is one person?  What makes you believe they are using VPS hosting?

Could it not be people waiting till the weekend to have the time to make the switch?

[adamstgBit]

Somebody is launching a shitload of XT nodes all on VPS hosting, the next step in the saga.

What makes you believe it is one person?  What makes you believe they are using VPS hosting?

Could it not be people waiting till the weekend to have the time to make the switch?

agreed

XT now at 3 blocks out of every 1000 blocks

i got a BBBBAAADDD feeling about this

long way to 750   but I think its coming like it or not... maybe not....

first its 1 then 3 then 6 then 12 then 24 then 48 then 96 then 192 then 384 and then well then we're all fucked by the CIA while we profit from 500$ 32,000$ XTCoins

[TerraMaster]

Somebody is launching a shitload of XT nodes all on VPS hosting, the next step in the saga.

What makes you believe it is one person?  What makes you believe they are using VPS hosting?

Could it not be people waiting till the weekend to have the time to make the switch?

Yes it possible, I almost download XT earlier but then didn't lol. doesn't mean I would install or open port 8333. Plus you can still use both versions until XT core takes over... if I understand that part correctly.

[Cconvert2G36]

Somebody is launching a shitload of XT nodes all on VPS hosting, the next step in the saga.

What makes you believe it is one person?  What makes you believe they are using VPS hosting?

Could it not be people waiting till the weekend to have the time to make the switch?

Did you look at the list? Big blocks of nodes coming on from digital ocean and serverstack. The list looked much more organic before this started, I guess around 940 or so.

[adamstgBit]

Somebody is launching a shitload of XT nodes all on VPS hosting, the next step in the saga.

What makes you believe it is one person?  What makes you believe they are using VPS hosting?

Could it not be people waiting till the weekend to have the time to make the switch?

Yes it possible, I almost download XT earlier but then didn't lol. doesn't mean I would install or open port 8333. Plus you can still use both versions until XT core takes over... if I understand that part correctly.

right 2 weeks after its taken 75% of HASHING power not number of nodes

its currently at 0.3% of hashing power ( up 300% from yesterday )

it might be hard for XT to get 75% miners seem to prefer the idea that 1MB limit will soon bring in higher TX fees

[Fakhoury]

Somebody is launching a shitload of XT nodes all on VPS hosting, the next step in the saga.

What makes you believe it is one person?  What makes you believe they are using VPS hosting?

Could it not be people waiting till the weekend to have the time to make the switch?

agreed

XT now at 3 blocks out of every 1000 blocks

i got a BBBBAAADDD feeling about this

long way to 750   but I think its coming like it or not... maybe not....

first its 1 then 3 then 6 then 12 then 24 then 48 then 96 then 192 then 384 and then well then we're all fucked by the CIA while we profit from 500$ 32,000$ XTCoins

Adam, why do you insist that bitcoin is fabricated by the CIA, I'm worried that in the future you might say that the FBI is behind it as well and it's a mega-super-uber honeypot !!

[TerraMaster]

Somebody is launching a shitload of XT nodes all on VPS hosting, the next step in the saga.

What makes you believe it is one person?  What makes you believe they are using VPS hosting?

Could it not be people waiting till the weekend to have the time to make the switch?

Yes it possible, I almost download XT earlier but then didn't lol. doesn't mean I would install or open port 8333. Plus you can still use both versions until XT core takes over... if I understand that part correctly.

right 2 weeks after its taken 75% of HASHING power not number of nodes

its currently at 0.3% of hashing power ( up 300% from yesterday )

it might be hard for XT to get 75% miners seem to prefer the idea that 1MB limit will soon bring in higher TX fees

Thx for confirming that   Hash not nodes will determine our fate lol. as far as miners it may be a tougher sell as you described.

[natewelt]

Somebody is launching a shitload of XT nodes all on VPS hosting, the next step in the saga.

What makes you believe it is one person?  What makes you believe they are using VPS hosting?

Could it not be people waiting till the weekend to have the time to make the switch?

Yes it possible, I almost download XT earlier but then didn't lol. doesn't mean I would install or open port 8333. Plus you can still use both versions until XT core takes over... if I understand that part correctly.

right 2 weeks after its taken 75% of HASHING power not number of nodes

its currently at 0.3% of hashing power ( up 300% from yesterday )

it might be hard for XT to get 75% miners seem to prefer the idea that 1MB limit will soon bring in higher TX fees

Thx for confirming that   Hash not nodes will determine our fate lol. as far as miners it may be a tougher sell as you described.

from xtnodes.com if you hover over image at top right corner "The light will become green and say YES once 750 of the past 1000 mined blocks (75%) first reach support of BIP 101 (and Bitcoin XT). From that point, 2 additional weeks must pass until the maximum blocksize is raised to 8MB. It must also be Jan 11, 2016 or later to go into effect.

[billyjoeallen]

Somebody is launching a shitload of XT nodes all on VPS hosting, the next step in the saga.

What makes you believe it is one person?  What makes you believe they are using VPS hosting?

Could it not be people waiting till the weekend to have the time to make the switch?

Yes it possible, I almost download XT earlier but then didn't lol. doesn't mean I would install or open port 8333. Plus you can still use both versions until XT core takes over... if I understand that part correctly.

right 2 weeks after its taken 75% of HASHING power not number of nodes

its currently at 0.3% of hashing power ( up 300% from yesterday )

it might be hard for XT to get 75% miners seem to prefer the idea that 1MB limit will soon bring in higher TX fees

TX fees are a tiny fraction of miner revenue compared to the block reward. This will likely continue to be the case for the next two halvings unless the cripplecoiners are successful in bottlenecking the network.  Then fees go up as the price of BTC plumets. Then will get a bigger slice of a smaller pie with quite possibly a net loss of revenue in fiat terms.

[alesx.onfire]

the end is near,
buy water

16.79%

[TerraMaster]

Somebody is launching a shitload of XT nodes all on VPS hosting, the next step in the saga.

What makes you believe it is one person?  What makes you believe they are using VPS hosting?

Could it not be people waiting till the weekend to have the time to make the switch?

Yes it possible, I almost download XT earlier but then didn't lol. doesn't mean I would install or open port 8333. Plus you can still use both versions until XT core takes over... if I understand that part correctly.

right 2 weeks after its taken 75% of HASHING power not number of nodes

its currently at 0.3% of hashing power ( up 300% from yesterday )

it might be hard for XT to get 75% miners seem to prefer the idea that 1MB limit will soon bring in higher TX fees

Thx for confirming that   Hash not nodes will determine our fate lol. as far as miners it may be a tougher sell as you described.

from xtnodes.com if you hover over image at top right corner "The light will become green and say YES once 750 of the past 1000 mined blocks (75%) first reach support of BIP 101 (and Bitcoin XT). From that point, 2 additional weeks must pass until the maximum blocksize is raised to 8MB. It must also be Jan 11, 2016 or later to go into effect.

So even though, if and when we see the green light, in reality the new forked chain will be dominant at that time but the actual increase in MB will not" occur for 2 weeks from that point... and even then, it will not be in effect until at least Jan 11 (at the earliest).... and at that point the old core is useless? ok, just trying to see the progression until fully in effect.  Thx for chiming in.  

[TerraMaster]

So lets say if Hashnest, who I have an account mining with, decides to base their "hosted cloud mining" on the new XT wallet...at the rate of 250+ coins per day then the 75% effort will begin to move rapidly... and so on with other mining company's alike.

[ChartBuddy]

Coin
Explanation

[adamstgBit]

Somebody is launching a shitload of XT nodes all on VPS hosting, the next step in the saga.

What makes you believe it is one person?  What makes you believe they are using VPS hosting?

Could it not be people waiting till the weekend to have the time to make the switch?

agreed

XT now at 3 blocks out of every 1000 blocks

i got a BBBBAAADDD feeling about this

long way to 750   but I think its coming like it or not... maybe not....

first its 1 then 3 then 6 then 12 then 24 then 48 then 96 then 192 then 384 and then well then we're all fucked by the CIA while we profit from 500$ 32,000$ XTCoins

Adam, why do you insist that bitcoin is fabricated by the CIA, I'm worried that in the future you might say that the FBI is behind it as well and it's a mega-super-uber honeypot !!

you know what satoshi nakamoto stands for? satoshi  = wize one, nakamoto = central origin, wize central origin, Intelligence Central, Central Intelligence Agency 

put that in your pipe and smoke it

[cyclotronmajesty]

So nobody jumping into Bitcoin from the recent global stock market crash?
But everyone sells because some guy on the internet releases a different version of the bitcoin client?
& Litecoin is not rallying before the halving in 2 days?
 
Understanding this market is hopeless.

[ChartBuddy]

Coin
Explanation

[aztecminer]

So nobody jumping into Bitcoin from the recent global stock market crash?
But everyone sells because some guy on the internet releases a different version of the bitcoin client?
& Litecoin is not rallying before the halving in 2 days?
 
Understanding this market is hopeless.

maybe people think it is not a good time to buy due to the uncertainty and fear.. what you really should be wondering is why we haven't seen new lows... and maybe everyone is scared of ltc now after they crashed it from 7.50 and rekt someone on okcoin and everyone lost their ltc profits ?? if you rekt people leveraging btc on bitfinex doesnt even phase them. at least not if you only rekt them only once. if rekt them more than once then they might start shorting and coinbase doesnt want everyone to short right now due to the uncertainty and fear. i don't understand it myself but i suppose if we get close to $100.00 everyone will freak out.

[ChartBuddy]

Coin
Explanation