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

[adamstgBit]

bitcoin is like the hot girl from high school, she wont go down on you when you need it most.

[ImI]

if you are not 100% long right now, you really shouldnt put your hands on any asset be it bitcoin, stocks or applepie

[billyjoeallen]

Well, let's talk about mutiny.

I don't see any mutiny. I do see Harakiri ritual. After the XT fiasco Gavin decided to 'classically' double down. Obviously his master left him no choice but commit ritual suicide.

It's called "seppuku", Pal. If you're gonna insult someone, do it right.

Classic will triumph and if it doesn't, we will try something else. We won't quit. Bitcoin has been hijacked by people with a fundamental misunderstanding of economics.

Scarcity doesn't create value. Utility creates value.

[hdbuck]

If there is strong community support, the hard-fork activation will likely happen around July 2017.

~not tonight dear...

[2015Bubble]

lolol huobi going for a moonshot 

[Karartma1]

and what does segwit mean? i hear a lot about it but i dont know what does it mean

http://en.lmgtfy.com/?q=segwit+bitcoin

You should be banned for this question. Thank God I am not an Admin
 

oh well i still dont understand it, i googled it before though i thought someone will explain it in newbie words

Transactions have inputs and outputs. Inputs reference other transactions' outputs and also contain authorization to spend them. This authorization is called "signature script" that contains a few bits of data with signatures matching public keys declared in the outputs.

Generally speaking, these signature scripts are called "witnesses" because they only demonstrate that tx is authorized by actual outputs' owners and do nothing more about it.

The idea is to move witnesses out of transaction hash and include in a separate tree of witnesses committed to the block. This is because mostly full nodes validating the entire blocks need this data, light clients may consume transactions with merkle paths without any witness data.

SOURCE: https://www.reddit.com/r/Bitcoin/comments/3vs524/eli5_segregated_witness/

I wanted him to do some research before posting here also because this is not a Q&A thread. Anyway I hope he understood by now thanks to your explanation.

[brg444]

If there is strong community support, the hard-fork activation will likely happen around July 2017.

~not tonight dear...

 

[adamstgBit]

EVERYONE IS HAPPY

here comes 750

[JayJuanGee]

if you are not 100% long right now, you really shouldnt put your hands on any asset be it bitcoin, stocks or applepie

I'm about 94% long... hahahahahaha   And, I feel fine.

[2015Bubble]

TIme to kill my grandma and put all the savings in to btc.






















oh wait she already dead and no savings...

[LFC_Bitcoin]

EVERYONE IS HAPPY

here comes 750

Just seen the price for the 1st time today.

Damnnnnn, show me the money.

[Cconvert2G36]

If there is strong community support, the hard-fork activation will likely happen around July 2017.

~not tonight dear...

 

Blockstream is never to be underestimated. They literally didn't move an inch and everyone is circle jerking "the great compromise"... incredible. What a wet noodle the miners turned out to be... so much for that childish delusion I used to hold.

Watching fatty lose his principles for a $20 $19 relief rally was the hardest part. 

GG guys... GG

[adamstgBit]

Well, let's talk about mutiny.

I don't see any mutiny. I do see Harakiri ritual. After the XT fiasco Gavin decided to 'classically' double down. Obviously his master left him no choice but commit ritual suicide.

It's called "seppuku", Pal. If you're gonna insult someone, do it right.

Classic will triumph and if it doesn't, we will try something else. We won't quit. Bitcoin has been hijacked by people with a fundamental misunderstanding of economics.

Scarcity doesn't create value. Utility creates value.

oh billy. 

[TaurusBit]

When will the FOMO kick in?

[adamstgBit]

When will the FOMO kick in?

500-600

[LFC_Bitcoin]

When will the FOMO kick in?

500-600

They can't complain. We've been at way less than half of the ATH for a very long time. Anybody here who is involved & aware of bitcoin that hasn't been loading up is an idiot.

[biggus dickus]

EVERYONE IS HAPPY

here comes 750

Just seen the price for the 1st time today.

Damnnnnn, show me the money.

Every time I think it's peaking it just goes higher. i now think 3000 yuan is doable today, but it will probably crash because I think that. We'll soon find out if the biggus dickus reverse indicator does as good a job as the Adam reverse indicator. I haven't trained myself to sell when I feel like buying, and buy when I feel like selling yet, but I should.

[2015Bubble]

Is this IT?

[adamstgBit]

[ImI]

if you are not 100% long right now, you really shouldnt put your hands on any asset be it bitcoin, stocks or applepie

I'm about 94% long... hahahahahaha   And, I feel fine.

it's OK as long as the remaining 6% are well invested in applepie