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

[JimboToronto]

Here we go again. $2753 Bitcoinaverage, $2764 Stamp.

Go Bitcoin go.

[1614466399]

1614466399

[1614466399]

1614466399

[HanvanBitcoin]

$2750 + on Kraken! 

[bitserve]

What did you expect? One way or another, the scaling issue will be solved soon (or Bitcoin "dead" again).

[megashira1]

Segwit activation = $5k BTC = Mainstream media attention = New Wave of Adopters = $10k BTC = Clif Highs forecast coming to life

[LFC_Bitcoin]

Seems everyone is dumping ALTs anticipating BTCs rise to the moon!

Was always going to happen. It's what people do in the crypto world, pump shitcoin's, shill them a bit & then dump the fuck out of them to increase their position's in bitcoin.

Very few altcoin's are to be taken seriously going forward.

[JimboToronto]

Seems everyone is dumping ALTs anticipating BTCs rise to the moon!

Was always going to happen. It's what people do in the crypto world, pump shitcoin's, shill them a bit & then dump the fuck out of them to increase their position's in bitcoin.

Very few altcoin's are to be taken seriously going forward.

It's nice to see someone who understands what the words "pump" and "dump" mean.

They're not synonyms for buy and sell, nor rally and dip.

They refer to dishonest promotional scams, like altcoins or boiler room stocks.

[DanielRamos1]

Here we go again. $2753 Bitcoinaverage, $2764 Stamp.

Go Bitcoin go.

g'day sir ~ mod squad alerted me new BITCOIN ticker!!!   - buy hold BTCBTCBTCBTCBTC

[Last of the V8s]

https://medium.com/unchained-reports/bancor-unchained-all-your-token-are-belong-to-us-d6bb00871e86

[JimboToronto]

https://medium.com/unchained-reports/bancor-unchained-all-your-token-are-belong-to-us-d6bb00871e86

Wow, just wow. What slime.

Pity the fools who got sucked in. Stay away from altcoins without a doing a lot of research first.
_____

Meanwhile, Bitcoin just passed $2780 at Stamp, $2765 at Bitcoinaverage.

Go Bitcoin go.

[bitserve]

Today is a happy day. We are finally very close to a non-contentious solution for the scaling drama of this past years.

Totally wrong.  Nothing has changed at all and it's still the same old parties having the same old positions.  A contentious Chinese/Jihan Wu fork (only with Barry Silbert added to the mix) vs the other Bitcoin core people:

https://pbs.twimg.com/media/DCTgqEBXYAQBgNI.jpg:large

If you're trying to trade this, it's leaning far more towards a fork disaster than non-contentious fork.

*disclaimer:  I am neither attempting to long or short it myself.

Can you elaborate more on your point? I have already read that and many other twitter/reddit comments that have been posted for the past months.

Let's focus on current status:

- It looks like Segwit2x will pass, maybe even with almost 100% miner support.
- Segwit2x includes Segwit: Good.
- Segwit2x includes a 2MB block size increase soon after: Good. I hate HF's but an almost unanimous HF for a fixed reasonable 2x increase is also ok to me. More so if it is executed with almost 100% miner support.
- I see it as a reasonable compromise. Also, and most importantly, it is PERCEIVED as a reasonable compromise for most of the parties in this "battle".
- It avoids BU, which is an ABOMINATION.
- It avoids UASF, which could be a fucking disaster.

Well, I could go on... But... can you tell me whats the wrong thing about this move?

I don't see why it is "the same old parties having the same old positions". Why do you consider so?

Disclaimer: I am not exactly trying to trade this... But it will for sure influence my trades which, anyway, are almost all the time long for the majority of my trading funds. I only do actively trade a little portion around 25-30% to keep increasing my long term stash.

Roach, you did not reply me to enlighten me in what way I was wrong in this. ANyway, It's unnecesary you do it now, as it looks I was not "totally wrong" but instead totally right on my prospect.

[BlindMayorBitcorn]

https://medium.com/unchained-reports/bancor-unchained-all-your-token-are-belong-to-us-d6bb00871e86

Wow, just wow. What slime.

Pity the fools who got sucked in. Stay away from altcoins without doing a lot of research first.
_____

Meanwhile, Bitcoin just passed $2780 at Stamp, $2765 at Bitcoinaverage.

Go Bitcoin go.

Imagine jumping out of a river of pearls because somebody promised to shoot a diamond at your face..

[r0ach]

Today is a happy day. We are finally very close to a non-contentious solution for the scaling drama of this past years.

Totally wrong.  Nothing has changed at all and it's still the same old parties having the same old positions.  A contentious Chinese/Jihan Wu fork (only with Barry Silbert added to the mix) vs the other Bitcoin core people:

https://pbs.twimg.com/media/DCTgqEBXYAQBgNI.jpg:large

If you're trying to trade this, it's leaning far more towards a fork disaster than non-contentious fork.

*disclaimer:  I am neither attempting to long or short it myself.

Can you elaborate more on your point? I have already read that and many other twitter/reddit comments that have been posted for the past months.

Let's focus on current status:

- It looks like Segwit2x will pass, maybe even with almost 100% miner support.
- Segwit2x includes Segwit: Good.
- Segwit2x includes a 2MB block size increase soon after: Good. I hate HF's but an almost unanimous HF for a fixed reasonable 2x increase is also ok to me. More so if it is executed with almost 100% miner support.
- I see it as a reasonable compromise. Also, and most importantly, it is PERCEIVED as a reasonable compromise for most of the parties in this "battle".
- It avoids BU, which is an ABOMINATION.
- It avoids UASF, which could be a fucking disaster.

Well, I could go on... But... can you tell me whats the wrong thing about this move?

I don't see why it is "the same old parties having the same old positions". Why do you consider so?

Disclaimer: I am not exactly trying to trade this... But it will for sure influence my trades which, anyway, are almost all the time long for the majority of my trading funds. I only do actively trade a little portion around 25-30% to keep increasing my long term stash.

Roach, you did not reply me to enlighten me in what way I was wrong in this. ANyway, It's unnecesary you do it now, as it looks I was not "totally wrong" but instead totally right on my prospect.

My point was that it's not a "non-contentious" fork.  It's still the same situation on the ground as the last 2 years with nothing really having changed.  It doesn't matter if all the Chinese miners signal they want to hard fork because they all agreed they wanted to do that years ago.  So once again...what exactly has changed?  Pretty much nothing.  It's still Bitcoin core vs Roger Ver and Jihan Wu as usual.  The only thing that's changed at all is Barry Silbert got drunk and took a boat over to the Guangdong province and was like "hey guys, I heard you like pump and dumps??? me too???"

[Meuh6879]

Segwit2x is a trap : why would you want a 2Mb Block size and 6Mb witness signature ... ?

Because asicboost and others miners industries tricks need this size (of block) to avoid the result of the initial SegWit limitation (limitation for miners, not for the nodes ...).

I prefer SegWit right now with 1Mb Block size and 3Mb witness signatures ...

[Ibian]

Segwit2x is a trap : why would you want a 2Mb Block size and 6Mb witness signature ... ?

Because asicboost and others miners industries tricks need this size (of block) to avoid the result of the initial SegWit limitation (limitation for miners, not for the nodes ...).

I prefer SegWit right now with 1Mb Block size and 3Mb witness signatures ...

We need more throughput. Period. You got a better solution, code it and release it into the wild.

[2017Bubble]

Next hours are CRITICAL!!!!!
Will we form a head n sholder or will we break it up to 3000 or moar?
ETH going DOWN good sign.
So far so good place your bets.
Get rich or die trying.
Kpeaceoutbi

[bitserve]

Roach, you did not reply me to enlighten me in what way I was wrong in this. ANyway, It's unnecesary you do it now, as it looks I was not "totally wrong" but instead totally right on my prospect.

My point was that it's not a "non-contentious" fork.  It's still the same situation on the ground as the last 2 years with nothing really having changed.  It doesn't matter if all the Chinese miners signal they want to hard fork because they all agreed they wanted to do that years ago.  So once again...what exactly has changed?  Pretty much nothing.  It's still Bitcoin core vs Roger Ver and Jihan Wu as usual.  The only thing that's changed at all is Barry Silbert got drunk and took a boat over to the Guangdong province and was like "hey guys, I heard you like pump and dumps??? me too???"

If you mean its basically the same as the HK agreement. Yes, it is. But for the past couple of years both parties have been putting obstacles on the way to that agreement (which basically is a GOOD agreement now, as it was before). And finally it looks like both parties have delayed it enough for their hidden agenda (Wu for profitting in ASICBOOST and maybe Blockstream to develop whatever) and both are gonna honour that OLD deal.

Yes, its an OLD deal... bout time it fucking gets implemented in a NON-CONTENTIOUS way.

And I think that's exactaly what has changed... couple months ago that agreement was complemente contentious... now it looks like it won't.

[JayJuanGee]

Segwit2x is a trap : why would you want a 2Mb Block size and 6Mb witness signature ... ?

Because asicboost and others miners industries tricks need this size (of block) to avoid the result of the initial SegWit limitation (limitation for miners, not for the nodes ...).

I prefer SegWit right now with 1Mb Block size and 3Mb witness signatures ...

Yeah, but I think that the way that the various proposals are playing out, segwit would be implemented immediately and the 2mb upgrade and the supposed hardfork would be subject to testing and achieving 95% consensus..

So it seems that the value of the segwit2x is that it allows seg wit first and then the rest is contingent.

Am I reading this wrong?  Is there something mandatory or more scummy in there?

[JayJuanGee]

Segwit2x is a trap : why would you want a 2Mb Block size and 6Mb witness signature ... ?

Because asicboost and others miners industries tricks need this size (of block) to avoid the result of the initial SegWit limitation (limitation for miners, not for the nodes ...).

I prefer SegWit right now with 1Mb Block size and 3Mb witness signatures ...

We need more throughput. Period. You got a better solution, code it and release it into the wild.

Don't be ridiculous.

There is no emergency here, and even the clearing up of the bitcoin blockchain in the past few days should go to show that the month long spam attack was a scam.   There are folks who were directing their mining power at attacking the bitcoin network, and maybe that has become less effective and expensive?  Anyhow they have temporarily ceased the bullshit attack shenanigans and we are getting decent processing times and fees, again.  At least for the moment.

[bitserve]

Segwit2x is a trap : why would you want a 2Mb Block size and 6Mb witness signature ... ?

Because asicboost and others miners industries tricks need this size (of block) to avoid the result of the initial SegWit limitation (limitation for miners, not for the nodes ...).

I prefer SegWit right now with 1Mb Block size and 3Mb witness signatures ...

Yeah, but I think that the way that the various proposals are playing out, segwit would be implemented immediately and the 2mb upgrade and the supposed hardfork would be subject to testing and achieving 95% consensus..

So it seems that the value of the segwit2x is that it allows seg wit first and then the rest is contingent.

Am I reading this wrong?  Is there something mandatory or more scummy in there?

Unless someone says that I am totally wrong again: Yes, that's it. And it's a good thing. No hidden agenda unless... uhhh. it's very hidden.

P.S.: The compromise is not "contingent", it INCLUDES a blocksize increase to 2MB in the near future. I am ok with it, and anyone that wants Segwit to pass should also be ok with it. If Segwit pass, the 2MB HF will also happen. No way around that, no tricks or everyone will lose.

[2017Bubble]

hello it me again,

China moving UP UP UP UP
Alts DOWN DOWN DOWN DOWN

IS this IT?