Bitcoin Forum
January 23, 2020, 12:04:22 PM *
News: Latest Bitcoin Core release: 0.19.0.1 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Next Bubble Top (resulting in a new ATH):
Will never reach a new ATH - 4 (5.3%)
$20,000-$49,999 - 13 (17.1%)
$50,000-$99,999 - 20 (26.3%)
$100,000-$149,999 - 17 (22.4%)
$150,000-$199,999 - 7 (9.2%)
$200,000-$249,999 - 4 (5.3%)
$250,000-$299,999 - 1 (1.3%)
$300,000-$350,000 - 1 (1.3%)
>$350,000 - 9 (11.8%)
Total Voters: 76

Pages: « 1 ... 17050 17051 17052 17053 17054 17055 17056 17057 17058 17059 17060 17061 17062 17063 17064 17065 17066 17067 17068 17069 17070 17071 17072 17073 17074 17075 17076 17077 17078 17079 17080 17081 17082 17083 17084 17085 17086 17087 17088 17089 17090 17091 17092 17093 17094 17095 17096 17097 17098 17099 [17100] 17101 17102 17103 17104 17105 17106 17107 17108 17109 17110 17111 17112 17113 17114 17115 17116 17117 17118 17119 17120 17121 17122 17123 17124 17125 17126 17127 17128 17129 17130 17131 17132 17133 17134 17135 17136 17137 17138 17139 17140 17141 17142 17143 17144 17145 17146 17147 17148 17149 17150 ... 25880 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21500163 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (138 posts by 32 users deleted.)
Torque
Legendary
*
Offline Offline

Activity: 2016
Merit: 1525



View Profile
June 15, 2017, 10:00:09 PM


Notice that all the shitcoins are left completely alone by the media and eternal FUD machine. They are being completely ignored, because they pose no threat at all.

Then why do you need to comment it? Looks like you are the one feeling threatened here  Wink

Actually looks like I hit a nerve, eh? Did you panic sell at the bottom?  Wink
1579781062
Hero Member
*
Offline Offline

Posts: 1579781062

View Profile Personal Message (Offline)

Ignore
1579781062
Reply with quote  #2

1579781062
Report to moderator
1579781062
Hero Member
*
Offline Offline

Posts: 1579781062

View Profile Personal Message (Offline)

Ignore
1579781062
Reply with quote  #2

1579781062
Report to moderator
1579781062
Hero Member
*
Offline Offline

Posts: 1579781062

View Profile Personal Message (Offline)

Ignore
1579781062
Reply with quote  #2

1579781062
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1579781062
Hero Member
*
Offline Offline

Posts: 1579781062

View Profile Personal Message (Offline)

Ignore
1579781062
Reply with quote  #2

1579781062
Report to moderator
1579781062
Hero Member
*
Offline Offline

Posts: 1579781062

View Profile Personal Message (Offline)

Ignore
1579781062
Reply with quote  #2

1579781062
Report to moderator
1579781062
Hero Member
*
Offline Offline

Posts: 1579781062

View Profile Personal Message (Offline)

Ignore
1579781062
Reply with quote  #2

1579781062
Report to moderator
jbreher
Legendary
*
Offline Offline

Activity: 2632
Merit: 1385


lose: unfind ... loose: untight


View Profile
June 15, 2017, 10:02:55 PM

$600 ago Bitcoin was the future. I wonder what it is now. 

The future.

You'll follow the BTU fork then?



There is no BTU fork.
jbreher
Legendary
*
Offline Offline

Activity: 2632
Merit: 1385


lose: unfind ... loose: untight


View Profile
June 15, 2017, 10:04:09 PM

And who decides if the PoW is valid?

"They vote with their CPU proof-of-worker, expressing their acceptance of valid blocks by working on extending them and rejecting invalid blocks by refusing to work on them. Any needed rules and incentives can be enforced with this consensus mechanism."
- S. Nakamoto, The Whitepaper

i too, have read the whitepaper.

Then why the elementary question?
BlindMayorBitcorn
Legendary
*
Offline Offline

Activity: 1260
Merit: 1107



View Profile
June 15, 2017, 10:04:29 PM

I'm talking about the Bitcoin Unlimited/Bitmain chain.
Meuh6879
Legendary
*
Offline Offline

Activity: 1512
Merit: 1009



View Profile
June 15, 2017, 10:07:45 PM

Bitcoin is a network.
Nodes are human.

They don't ... usually ... follow the majority if the goal is corrupt.

Bitmain chain is a corrupted goal.
easy to avoid, actually : that's why devs have accepted the -bip148 command line ... if you want REJECT an no-BIP148 block after the 1st August.

https://bitcointalk.org/index.php?topic=1336481.msg19562250#msg19562250

but you must activate this option by yourself.
Genesis1337
Full Member
***
Offline Offline

Activity: 155
Merit: 100


View Profile WWW
June 15, 2017, 10:11:09 PM

Anti bitcoiners

You have no argument


Banks change value of dollar, Oh the fiat is broken

Bitcoin consensus changes code, Oh bitcoin is broken

Gold can be manipulated, Oh gold is broken

etc, etc, etc

So i suppose the point is

Pick the BEST scam possible


Your arguments are causing global warming..., please stop!

HA! made myself laugh



https://youtu.be/0akBdQa55b4





It's too complicated
It doesn't have the right governance structure2
The security is too hard to get right
Existing and upcoming fiat payment systems are or will be superior
It's too volatile
The government will ban it
It won't scale


do i win a cookie, is bitcoin dead now??!?!

https://99bitcoins.com/bitcoinobituaries

adding my arguments to the list, RIP bitcoin!
YourMother
Legendary
*
Offline Offline

Activity: 1232
Merit: 1039



View Profile WWW
June 15, 2017, 10:13:26 PM
Last edit: June 15, 2017, 10:39:29 PM by YourMother

As long as there's electricity on Earth, you cannot break the blockchain protocol. Just like you cannot break, for example, the bittorrent protocol, no matter how many resources you put in. Basically, bitcoin offers you a mathematical guarantee that, as long as you are involved in the network, you regain full control of your money, along with a plethora of technological advantages. And for the ones who are adopting it in these times of exaggerated uncertainty, a large amount of financial wealth.


The FUD, the charts, the bans and the regulations are nothing but cavalry swords trying to stop a tank in its tracks. You either adapt or you perish. We'll meet at $20,000 i guess... maybe with some other interesting facts.  
jbreher
Legendary
*
Offline Offline

Activity: 2632
Merit: 1385


lose: unfind ... loose: untight


View Profile
June 15, 2017, 10:18:49 PM

The mistake is really that bitcoin allows the concentration of power not the story I picked up a few years ago which is decentralisation.  People making mistakes whatever their motivation is perfectly normal, happens all the time but the problem is where those who make mistakes are not left behind but are the captain of the ship and everyone goes down with that rigid thinking that can never be changed.  

What!? We are all to blame. All us simple users who abdicated our power. We made the mistakes. We could have each of us done the hard thing, and find some way to mine profitably. But no. We each of us took the easy way out, allowing others to do it for us.

You want someone to blame for the centralization? Look in the fuckin' mirror!
BlindMayorBitcorn
Legendary
*
Offline Offline

Activity: 1260
Merit: 1107



View Profile
June 15, 2017, 10:26:03 PM

^You want unicorns and altruism. That's in the ETH section.
jbreher
Legendary
*
Offline Offline

Activity: 2632
Merit: 1385


lose: unfind ... loose: untight


View Profile
June 15, 2017, 10:30:33 PM

I'm talking about the Bitcoin Unlimited/Bitmain chain.

There is no Bitcoin Unlimited/Bitmain chain.

If indeed there is a split, I will have coins on any and all chains. While there is no way to know the future, I anticipate that the UASF chain will atrophy to insignificance within days of creation. Does that make the remaining chain the Bitcoin Unlimited/Bitmain chain? Doesn't seem likely. While Bitmain is still signaling BU, they have recently declared yet another fork, as a defensive move against UASF.

Of course, the Bitmain plan will create blocks compatible with any blocks built according to BU (the Bitmain plan is to be capable of including SegWit transactions*, but they don't seem likely to actually include such). And XT blocks are compatible with those. As are Classic blocks. As are 8MB blocks. All happily on one chain. Maybe that's what you mean?

The net kinda looks as if UASF will die, and legacy is likely to be the next runt of the litter.

As I said before, I've not been this encouraged about the future in months.
Igor76200
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile
June 15, 2017, 10:50:35 PM
Last edit: July 11, 2017, 10:54:22 PM by Igor76200

We have to pick a name for the forked thing.

Bitcoin-china
Bitcoin-made-in-china
BTCCP
Bitmaincoin
Bitmaininchinacoin

Pick the one you like

I wonder how Bitcoin illiterates all over the world will see this since the average human being don't even understand what Bitcoin is. Now telling them it splitted in two ! Oh I know : ultimate proof of unreliability and scam.
bitserve
Legendary
*
Offline Offline

Activity: 1092
Merit: 1021


Self made HODLER ✓


View Profile
June 15, 2017, 11:02:11 PM

When the time comes to  spend some to buy something like property or fiat currency, the blockchain will serve as a record of when I acquired the coins so capital gains tax can be calculated and paid. Until then it's nobody's business except mine.

And you can get away with paying less capital gains tax, if the most recent paper wallet you are exchanging today is dated less than a week ago. I'll leave it to your imagination. You might even possibly register losses too, but that's unlikely since you wouldn't be buying fiat at that point.

Indeed. This is one reason I keep my coins in many small wallets.

As I've stated in many times in the past, I have no intention of selling any coins except if absolutely necessary.  If an emergency were to occur during a dip and I needed to sell more than I could through an ATM for cash, at a price lower than the highest I'd paid, I'd definitely claim a loss.



If you claim that the latest bitcoins you bought are the ones you sold (and either claim a loss or a small profit).... How do you plan to declare the previously bought bitcoins if you ever need to sell them for banking fiat in the future?

I mean, if you do that you are basically claiming the latest bitcoins you bought are the first/only ones you got. You could have a hard time later proving you had some more when you yourself declared you don't.

Or maybe canadian law is different in this specifics.
marcus_of_augustus
Legendary
*
Offline Offline

Activity: 3066
Merit: 1203



View Profile
June 15, 2017, 11:03:01 PM

Ibian, doing more of the same stuff in the same way is the least intelligent possible way to scale. And in fact, attempting to do that in bitcoin actually causes problems to increase more rapidly than benefits.

(Do I have to explain why larger blocks create runaway centralisation?)
It can be done pretty much literally by changing one number, it has the least potential complications and has to my understanding already been tested with no meaningful complications.

You are right, if we could literally just change one number ... the average IQ of the big blocking cartel .... bitcoin capacity increases could start moving forward again.
spooderman
Legendary
*
Offline Offline

Activity: 1554
Merit: 1002


View Profile WWW
June 15, 2017, 11:24:10 PM

blitz? is that you??

still not believing the triple digit lie? Cheesy


I'd probably change my name too after the "no more triple digits in 2013" thing.

I always found it quite surprising how we could have a quasi-bear shill as a moderator... go figure?
It was me who was bullish the entire time since the 200s until now while people like you were pissing their pants. Go look it up.

What you don't understand is that there are less risky (low risk, high reward) and more risky (high risk, low reward) times to be a hodler. Guess which time is now.

Sorry man, I'll never get sick of reminding you about the "triple digit lie" you highlighted in summer 2013. it literally spent 3.5 years in the triple digits after you said that.

My main concern is ETH fucking up once too often and somehow screwing up bitcoin in the process. So much money is getting thrown in the fire with these scam ICOs.

And I expect a little turbulence in July before UASF kicks in. Hopefully the pathological miners don't do anything stupid like fork themselves into oblivion or continue to mine legacy.
N12
Donator
Legendary
*
Offline Offline

Activity: 1610
Merit: 1003



View Profile
June 15, 2017, 11:32:03 PM

blitz? is that you??

still not believing the triple digit lie? Cheesy


I'd probably change my name too after the "no more triple digits in 2013" thing.

I always found it quite surprising how we could have a quasi-bear shill as a moderator... go figure?
It was me who was bullish the entire time since the 200s until now while people like you were pissing their pants. Go look it up.

What you don't understand is that there are less risky (low risk, high reward) and more risky (high risk, low reward) times to be a hodler. Guess which time is now.

Sorry man, I'll never get sick of reminding you about the "triple digit lie" you highlighted in summer 2013. it literally spent 3.5 years in the triple digits after you said that.

My main concern is ETH fucking up once too often and somehow screwing up bitcoin in the process. So much money is getting thrown in the fire with these scam ICOs.

And I expect a little turbulence in July before UASF kicks in. Hopefully the pathological miners don't do anything stupid like fork themselves into oblivion or continue to mine legacy.
No problem man, nostalgia is always welcome.

Yeah, I agree with you on both counts. We've got to shake off those scamcoins and get miners back in line.

JayJuanGee
Legendary
*
Offline Offline

Activity: 2142
Merit: 2346


How much alt coin diversification is needed? 0%?


View Profile
June 16, 2017, 12:19:15 AM

blitz? is that you??

still not believing the triple digit lie? Cheesy


I'd probably change my name too after the "no more triple digits in 2013" thing.

I always found it quite surprising how we could have a quasi-bear shill as a moderator... go figure?
It was me who was bullish the entire time since the 200s until now while people like you were pissing their pants. Go look it up.

What you don't understand is that there are less risky (low risk, high reward) and more risky (high risk, low reward) times to be a hodler. Guess which time is now.

I remember enough about the substance of your previous provocative posts to doubt that your track record is as stellar as you make it out to be. 

Furthermore, there is nothing wrong with having high confidence in your views, and communicating those views.  On the other hand, I would not characterize my approach as a pissing your pants approach, because since I started buying in late 2013, I had a strategy that I largely stuck with, tweaked and continued to follow through 2015.  So my strategy of buying on the way down and holding had worked pretty well for me, even if there may have been ways to have made more money - but I am not competing with anyone, except myself or at least attempting to tailor my approach to myself and my circumstances and in that regard, there is no one stop shopping correct strategy for everyone, as you seem to be suggesting. 

Ha.    Cheesy    Wink   

And, welcome back to posting  in  this thread ... trying to keep us on our toes.   Shocked
Torque
Legendary
*
Offline Offline

Activity: 2016
Merit: 1525



View Profile
June 16, 2017, 12:52:12 AM

I wonder how Bitcoin illiterates all over the world will see this. Since the average human being don't even understand what is Bitcoin. Now telling them it splitted in two ! Oh I know. Ultimate proof of unreliability and scam.

Well, initially this was my concern too. But after the ETC/ETH split, it became clear that ETH was what was going to be supported by brokers (Coinbase, Gemini, etc.) and exchanges. Now I hear complete newbs to the crypto world talking about buying "Ethereum" and they are clearly referring to ETH. Most don't even know that ETC exists, much less that there had been a split.

So long term I'm not sure it will matter.

TL;DR - Bitmaincoin may just end up becoming another shitcoin in China. Perhaps even adopted by the PBOC as China's official crypto. Maybe they've already been in private discussions about that, who knows.
European Central Bank
Legendary
*
Offline Offline

Activity: 1288
Merit: 1080



View Profile
June 16, 2017, 12:55:32 AM

TL;DR - Bitmaincoin may just end up becoming another shitcoin in China. Perhaps even adopted by the PBOC as China's official crypto. Maybe they've already been in private discussions about that, who knows.

if such a thing ever happened i'm not sure i'd even call it a chain split. bitmaincoin would be an offshoot. and an immediately shunned one too.
suzanne5223
Sr. Member
****
Offline Offline

Activity: 1050
Merit: 298



View Profile
June 16, 2017, 01:23:31 AM

and congratz for who sold at 3000 enjoy the holidays

Actually, congrats to those buying this dip, we may never see 2K again.
I agree with you but it a good idea to now because the price will still fall down more for days before it rise up to the moon. Therefore, I congratulation those who watch the price closely in other to make some quick buy before the price race up again.
leowonderful
Legendary
*
Offline Offline

Activity: 1554
Merit: 1118


Bitcoin FTW!


View Profile
June 16, 2017, 01:27:21 AM

and congratz for who sold at 3000 enjoy the holidays

Actually, congrats to those buying this dip, we may never see 2K again.
I agree with you but it a good idea to now because the price will still fall down more for days before it rise up to the moon. Therefore, I congratulation those who watch the price closely in other to make some quick buy before the price race up again.
Why? There's plenty of support at this level and it seems the worst is already over. If this trend continues we'll either go down a little and up or just sideways for a short time and back up. Triangles forming nicely right now, looks like we will soon go back up.
Pages: « 1 ... 17050 17051 17052 17053 17054 17055 17056 17057 17058 17059 17060 17061 17062 17063 17064 17065 17066 17067 17068 17069 17070 17071 17072 17073 17074 17075 17076 17077 17078 17079 17080 17081 17082 17083 17084 17085 17086 17087 17088 17089 17090 17091 17092 17093 17094 17095 17096 17097 17098 17099 [17100] 17101 17102 17103 17104 17105 17106 17107 17108 17109 17110 17111 17112 17113 17114 17115 17116 17117 17118 17119 17120 17121 17122 17123 17124 17125 17126 17127 17128 17129 17130 17131 17132 17133 17134 17135 17136 17137 17138 17139 17140 17141 17142 17143 17144 17145 17146 17147 17148 17149 17150 ... 25880 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!