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

[bitserve]

This starting to look like almost an instamine:

481104    2 minutes ago    0x20000000    ViaBTC    PW/ViaBTC/Hello World!/
4vs    3.79
481103    4 minutes ago    0x20000000    Unknown    OWAfE_Af
/XXXYYY/mm#kC7CZ}Uki+VH+q s    17.50
481102    9 minutes ago    0x20000000    Unknown    NWAfkI5AfkAS/XXXYYY/mmVޱUp~6!BPs?ـV[K٪    11.10
481101    12 minutes ago    0x20000000    BTC.com    MWY/BTC.COM/
b%    2.50
481100    12 minutes ago    0x20000000    Unknown    LWʮz8c.yV`}%P#&$  9
   1.89
481099    12 minutes ago    0x20000000    ViaBTC    KW/ViaBTC/Hello World!/~dax~/    0.47
481098    13 minutes ago    0x20000000    ViaBTC    JW/ViaBTC/Hello World!/}da=    2.22
481097    13 minutes ago    0x20000000    Unknown    IWoaZ|hG?ߜ ?E{Rn-#/p-K    7.02
481096    14 minutes ago    0x20000000    Unknown    HWAf"hAf!/XXXYYY/mm
#93@  @+sjaxo<S`
   10.67
481095    16 minutes ago    0x20000000    F2Pool    GW,mm\bկ 'PG5|߄~k4 „🐟Mined by czzyzp9990    0.83
481094    16 minutes ago    0x20000000    Unknown    FW/}8ZkVx,u"R#10!6p,k    18.63
481093    19 minutes ago    0x20000000    Unknown    EWAfܒAfۀ
/XXXYYY/mm|7JjObwۿÊ9UoK
   4.57
481092    19 minutes ago    0x20000000    Unknown    DWAf¯AfͿ/XXXYYY/mm|7JjObwۿÊ9Uq&X*    7.35

At this rate it could be very soon that they surpass BTC in number of blocks and start shilling with the argument of "the longest chain blah blah":

There have been 2546 blocks mined since the hard fork.
(473 blocks behind the original chain)

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[supercops]

Any ideas how to best prepare for the next fork (which will probably be our own)?
Pls don't say Litecoin.

Just move your coins to addresses where you control the private keys and hope it gets sorted out. If neither Core nor btc1 are going to do adequate replay protection, it might get really messy. However, BU has been around for quite some time, and someone could have attempted a hard fork with that software, but no one did. Let's hope that no one will dare execute btc1 hard fork, and we will just have to deal with the scaling squabble for many months, if not years to come.

BU was most of the time below 40% hashrate. Segwit2x is over 90%.

Also BCH is a completely new altcoin. It even has modification in the difficulty adjustment algo, which has allowed it survive. With current diff algo the minoritary Bitcoin chain would really struggle to survive if a HF happens because of Segwit2x discrepancies.

Watched a vid by Roger Ver earlier. Full of lies and stupidity. Reckons homogeneous is another word for privacy. If he doesn't understand English, what hope for BCC?

[HanvanBitcoin]

Great  Kraken didint execute my stop loss order haha.

[jojo69]

Watched a vid by Roger Ver earlier. Full of lies and stupidity. Reckons homogeneous is another word for privacy. If he doesn't understand English, what hope for BCC?

Near as I can tell one of the fundamental tenets of postmodernism is that there is no objective truth.  So I'm sure his words are truthy for him...or something.

[bitserve]

Great   Kraken didint execute my stop loss order haha.

Stop loss orders and other "advanced" features are being "temporarily" removed from Kraken:

In order to help mitigate the strain on our platform caused by recent exponential growth, we are delisting some of our illiquid trading pairs and temporarily suspending all advanced order types. These changes will go into effect on Tuesday, August 22 around 6 am UTC (Monday August 21 around 11 pm Pacific).

[NewWorldCoiner]

Any ideas how to best prepare for the next fork (which will probably be our own)?
Pls don't say Litecoin.

Just move your coins to addresses where you control the private keys and hope it gets sorted out. If neither Core nor btc1 are going to do adequate replay protection, it might get really messy. However, BU has been around for quite some time, and someone could have attempted a hard fork with that software, but no one did. Let's hope that no one will dare execute btc1 hard fork, and we will just have to deal with the scaling squabble for many months, if not years to come.

BU was most of the time below 40% hashrate. Segwit2x is over 90%.

Also BCH is a completely new altcoin. It even has modification in the difficulty adjustment algo, which has allowed it survive. With current diff algo the minoritary Bitcoin chain would really struggle to survive if a HF happens because of Segwit2x discrepancies.

Watched a vid by Roger Ver earlier. Full of lies and stupidity. Reckons homogeneous is another word for privacy. If he doesn't understand English, what hope for BCC?

Ahh, you liked that quote did you? Yes, I am Captain Ahab!

[bones261]

This starting to look like almost an instamine:

481104    2 minutes ago    0x20000000    ViaBTC    PW/ViaBTC/Hello World!/
4vs    3.79
481103    4 minutes ago    0x20000000    Unknown    OWAfE_Af
/XXXYYY/mm#kC7CZ}Uki+VH+q s    17.50
481102    9 minutes ago    0x20000000    Unknown    NWAfkI5AfkAS/XXXYYY/mmVޱUp~6!BPs?ـV[K٪    11.10
481101    12 minutes ago    0x20000000    BTC.com    MWY/BTC.COM/
b%    2.50
481100    12 minutes ago    0x20000000    Unknown    LWʮz8c.yV`}%P#&$  9
   1.89
481099    12 minutes ago    0x20000000    ViaBTC    KW/ViaBTC/Hello World!/~dax~/    0.47
481098    13 minutes ago    0x20000000    ViaBTC    JW/ViaBTC/Hello World!/}da=    2.22
481097    13 minutes ago    0x20000000    Unknown    IWoaZ|hG?ߜ ?E{Rn-#/p-K    7.02
481096    14 minutes ago    0x20000000    Unknown    HWAf"hAf!/XXXYYY/mm
#93@  @+sjaxo<S`
   10.67
481095    16 minutes ago    0x20000000    F2Pool    GW,mm\bկ 'PG5|߄~k4 „🐟Mined by czzyzp9990    0.83
481094    16 minutes ago    0x20000000    Unknown    FW/}8ZkVx,u"R#10!6p,k    18.63
481093    19 minutes ago    0x20000000    Unknown    EWAfܒAfۀ
/XXXYYY/mm|7JjObwۿÊ9UoK
   4.57
481092    19 minutes ago    0x20000000    Unknown    DWAf¯AfͿ/XXXYYY/mm|7JjObwۿÊ9Uq&X*    7.35

At this rate it could be very soon that they surpass BTC in number of blocks and start shilling with the argument of "the longest chain blah blah":

There have been 2546 blocks mined since the hard fork.
(473 blocks behind the original chain)

Then sometime tomorrow the difficulty will go up by a factor of 4. Wonder how many of these miners or going to stick around? Someone better pump up the market to at least .35 BTC per BCH, or it looks like it will be a long journey for the next 2016 blocks. If it gets too bad, they will have the emergency difficulty drops. I wonder if this coin will ever reach equilibrium, and actually mine 10 minute blocks.

[eXpl0sive]

Great  Kraken didint execute my stop loss order haha.

They just announced that they are going to disable advanced orders for a couple of months. Only standard orders can be placed now.

[jojo69]

ffs...crickets in here

[jojo69]

gotta hand it to these guys

they can paint a tape

[JayJuanGee]

Get real!!!

Jihan and Ver and Wright and Garzik and whatever other bigblocker nutjobs, they are not even attempting to work within the Core governance system and to submit actual fucking BIPs... they whine and fart and engage in strategic actions and tactics outside the system (such as spamming the network and creating forks and publicly spreading misinformation), and they do not submit actual code or BIPs through the governance system that already exists (and they make shit up to say that they try to submit.. blah blah blah, and they are really just spreading lies, because they are not making any efforts to make changes through the already existing open governance system, aka core).

Haha ^^ <<shrilling intensifies>>

You might label my response as "shrilling," but it is merely a descriptive response to outline the behaviors of a renegade terrorist force.

[jojo69]

they pulling that 3700 wall or it getting eaten?

[JimboToronto]

Just back home. Bought the dip again ($3610USD).

This time the atm fee was -3.4%. They actually paid me to buy their coins. Amazing.  

Still got some fiat free, enough for a couple more dips. Gotta free up some more cash tomorrow.

This is obviously a great buying opportunity.

[600watt]

bitmain got hacked?

https://imgur.com/gallery/svUtw

but... but why is btc going down 

[YourMother]

At what price is it recommended that i should panic and dump all my bitcoins ? 

Oh, i forgot, it doesn't matter, since i bought most of my bitcoins at 200-$600.

I survived years of bearish markets

[JimboToronto]

This time the atm fee was -3.4%. They actually paid me to buy their coins. Amazing.  .

holy shit!
can you buy me 10K BTC at -3.4%, i'll pay you back an hour later    

LOL Too late. It's already back up over zero.

Zany though. I'd never seen a negative fee before.

[JayJuanGee]

[edited out]

Honestly, given these negative pressures I believe the simple fact that the price has not totally crashed is a very bullish indicator over the medium term. I put my money where my mouth is and I am now 1% fiat 99% BTC and 0% BCH so perhaps that makes me biased  

Despite your previous seemingly bearish assertions, you seem to playing this allocation situation a lot more BTC bullish than me.

I sell small increments of BTC as the price goes up, and then I tend to buy back more BTC as the price goes down - and so far, this system seems to work out pretty well for me but I would feel really stressed if I was only 1% fiat. 

Maybe if the BTC price were to drop 50% or 60% from its ($4400) top, which would bring us below $2k then maybe at that point, I would not mind being dedicated 99% BTC and 1% fiat - but I probably would feel a little more comfortable at about 2% fiat (even after a 50-60% price drop).. call me scared..  Call me conservative.... call me unwilling to bet the farm.. call me wanting to have some kind of reserve, at all times.   

Currently, I am at about a 92.5% BTC and 7.5% fiat, and I feel that I am a bit more BTC allocated than even my charts indicate that I should be below 91% (and these are charts that I made for myself, so I could just change my charts, I suppose, but it is showing that i am a bit too BTC allocated). 

Furthermore, this BCH shit kind of screwed me up a bit.  I got access to a bit more than 1/3 of my BCH because I had that amount of BTC on Bitfinex at the time of the fork - in order to have quick access to the BCH.  However, I already sold almost all of that BCH because I thought that by now, I would have gotten access to another 50% of my BCH (and maybe I could have sold at least half of that 50% of my BCH... and I cannot really say ahead of time whether I would be tempted to sell all of that 50% of BCH, until I get in the position to actually be able to do it.  I am still having trouble accessing it from my blockchain.info wallet seed. 

Anyhow, the BCH is theoretical if I do not have access to it, no?    By the way, I have about another about 8% of my BCH tied up with exchanges that have not yet issued BCH - even though they made statements  asserting that they were going to issue BCH at some time soon^tm    (Gemini, Stamp and Coinbase). 

So, I might get issued some BCH as late as January 2018 (according to coinbase) (when BCH is worth .01BTC?  who knows?)

[vit05]

Is this dip only because of BCH?

[Karartma1]

This time the atm fee was -3.4%. They actually paid me to buy their coins. Amazing.  .

holy shit!
can you buy me 10K BTC at -3.4%, i'll pay you back an hour later    

LOL Too late. It's already back up over zero.

Zany though. I'd never seen a negative fee before.

Lucky guy!
Sure a bug or something. Doing business like that they will close immediately

[El duderino_]

Just back home. Bought the dip again ($3610USD).

This time the atm fee was -3.4%. They actually paid me to buy their coins. Amazing. 

Still got some fiat free, enough for a couple more dips. Gotta free up some more cash tomorrow.

This is obviously a great buying opportunity.

Bought myself another dip to .... where Will it go from here another dip to be expected ?
Or Just another uptrend....?

Still sitting with 65% of my BCH to switch in BTC But wil we have another Good oppertunity ??
Like we had this weekend.....