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

[Dafar]

With ViaBTC moving all their hashrate (~12%) to Bitcoin Unlimited... looks like SegWit is going to get blocked and scaling will be at a standstill again.


I don't see this as positive news at all.

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[gentlemand]

With ViaBTC moving all their hashrate (~12%) to Bitcoin Unlimited... looks like SegWit is going to get blocked and scaling will be at a standstill again.


I don't see this as positive news at all.

Hmm. I thought everyone reckoned Segwit was a fine idea. It does clear up a bunch of things that stand outside the scaling bollocks.

[JayJuanGee]

With ViaBTC moving all their hashrate (~12%) to Bitcoin Unlimited... looks like SegWit is going to get blocked and scaling will be at a standstill again.


I don't see this as positive news at all.

Hmm. I thought everyone reckoned Segwit was a fine idea. It does clear up a bunch of things that stand outside the scaling bollocks.

Yeah, if such a diversion of hashing power actually happens, then I suppose that we will see how it plays out.  I doubt that in the end, there is going to be 12% support or larger that wants to block SegWit and the various possible negative ramifications that would be caused by such a blocking of SegWit.

I would imagine that if ViaBTC plays such a card, then either ViaBTC would be losing some of their hashing power, or other miners are going to pool resources in such a way to support other non-ViaBTC mining in order to undermine ViaBTC mining power.

Sure, there would be some uncertainties regarding how some of this will play out.. but in the end, it seems that SegWit is fairly non-controversial, even though some goofballs want to use it as a kind of leverage for their own narrow-minded and ill thought out agenda.

[Karartma1]

"we must launch ecoin (DTS) because Bitcoin is already at his full potential and full block usage ... it's a big trap for the FIAT system, we can loose the complet control builded since 1973 !"

Mr. Robot - Saison 2.

Not even close to its full potential! But hey, what a free advertising from one of the major cable companies. Bitcoin is here to stay, they know it. No e-coin will ever be as good as bitcoin.

Talking price I see the price is paving its way up.

p.s. Jimbo don't sleep too much, get more coffee

[Spaceman_Spiff]

With ViaBTC moving all their hashrate (~12%) to Bitcoin Unlimited... looks like SegWit is going to get blocked and scaling will be at a standstill again.


I don't see this as positive news at all.

Yeah, this would suck monkeyballs.  A veto / impasse situation is quite negative, but I don't want to sell my coins with so much of the good stuff just around the corner.

[JayJuanGee]

With ViaBTC moving all their hashrate (~12%) to Bitcoin Unlimited... looks like SegWit is going to get blocked and scaling will be at a standstill again.


I don't see this as positive news at all.

Yeah, this would suck monkeyballs.  A veto / impasse situation is quite negative, but I don't want to sell my coins with so much of the good stuff just around the corner.

I will believe it when I see it.

Sure, I don't put it past a bunch of big block goofballs to attempt to leverage, blackmail or whatever they think that it takes, yet in the end, there is likely not enough passion and conviction behind such short-sighted attempts at sabotaging.

Even the below-linked article describes a certain kind of inclination towards moving beyond the non-issue and somewhat debilitating scaling discussions.

https://www.reddit.com/r/Bitcoin/comments/56pt3z/why_weight_bitcoin_scaling_is_moving_beyond_block/

[dreamspark]

Anybody have a clue what Finex withdrawal times are at the moment ?

[becoin]

With ViaBTC moving all their hashrate (~12%) to Bitcoin Unlimited... looks like SegWit is going to get blocked and scaling will be at a standstill again.

Recent difficulty rise is unsustainable at current bitcoin price. It is high time some major minor goes belly up.

[LLec]

"we must launch ecoin (DTS) because Bitcoin is already at his full potential and full block usage ... it's a big trap for the FIAT system, we can loose the complet control builded since 1973 !"

Mr. Robot - Saison 2.

There is an E-coin exchange and debit card so is that close enough for art in imitating reality?

Just did some more searches for e-coin and came up with theses:

https://bitcointalk.org/index.php?topic=769300.0

https://bitcointalk.org/index.php?topic=1589353.0

https://bitcointalk.org/index.php?topic=545675.0

It sure is a slow time in the price to pass the time by until the surge happens. And I am praying it does soon!

[DaRude]

Guess that BTC1k ask wall on Finex was eaten

[log2exp]

Needle is showing up on the chart. Any news from Deutsche Bank?

[Dafar]

Needle is showing up on the chart. Any news from Deutsche Bank?

China yuan sinks to six-year low, and possibility of a green light for the ETF

[AZwarel]

Someone was complaining about the low attendance over here a few days ago ( i still read this daily, just has nothing to say).

And in 24h, we get this funny spike :-D

Now, i can not go to sleep, have to watch the *popcorn*!
Missed craziness. That should be a vote! "Do you miss crazy volatile bitcoin?" hehe

[JayJuanGee]

Needle is showing up on the chart. Any news from Deutsche Bank?

It seems to be a very decent sign if BTC prices have upwardly broken the $550 to $630 price range....

It has been a bit more than 2 months since we have been out of the price range - and for some reason, it has even seemed like longer, especially since we have been in a correction period for nearly 4 months...

NO, bitcoin is not dead.. and maybe it could be time that we resume our upward trend..

getting passed $630 is good, but then we are likely going to get some resistance in the upper $600s and in the upper $700s... and this little bleep, is way to short of a time period and way too low in volume to get too excited about the potential for the upwards price moving matter.

I'm not complaining, but I will start to get a bit more excited if we are able to break resistances in the upper $600s and upper $700s... any thought?

[Searing]

 hmmmmmm............?..............btc is at $635.......nice surprise so far



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[JayJuanGee]

Needle is showing up on the chart. Any news from Deutsche Bank?

China yuan sinks to six-year low, and possibility of a green light for the ETF

I found two links to what you are saying, and sure, could be some influential factors.


https://www.reddit.com/r/Bitcoin/comments/56wbs5/chinas_yuan_sinks_to_sixyear_low_bitcoin_surges/





https://www.reddit.com/r/btc/comments/56sqte/sec_to_rule_on_winklevoss_etf_on_wednesday/

[noobtrader]

 hmmmmmm............?..............btc is at $635.......nice surprise so far



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wuzzz... i just saw it too...

what happened  

[Ahab_Hunter_of_BearWhale]

Needle is showing up on the chart. Any news from Deutsche Bank?

China yuan sinks to six-year low, and possibility of a green light for the ETF

If you look at btc's historical rallies they have coincided with more seriois yuan devaluations - soo with China in another housing bubble, and China wanting to keep suppressing yaun price relative to other Fiat currencies so the country can continue to be a large net exporter nation - it opens up the possibility for global digital currencies, or digital silver or gold to work as a partner to the yuan so that as the people in China become wealthy, they can frontrunner the likely eventual increase in yuan value relative to other Fiat by switching early to Btc and the like.

[siera]

Nice morning spike. The only way is up baby

[Karartma1]

Don't you know that in China they are starting to eat Bitcoin for Lunch?