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

[empowering]

I don't think that the "private" cards will last for long considering it can help avoid taxes on the sale of BTC. Same as will probably happen with the exchanges that don't do full KYC/AML.-

Even if a card is linked to info about you, it doesn't mean the taxman will know.

Meh its not the tax man I am worried about....

The less info any company has about me the happier I am.

Less surface area to attack.


(......how many companies leak like sieves)

[savetherainforest]

People continue to dump their BCH as soon as they manage to split the free money drop from bitcoins. BCH paid trolls getting desperate.

Taking too long to confirm my latest tx of BCH to dump on Kraken. Guess I'll do it in the morning, and hope we see it pumped back above $700.
Zzzz...

8 hours, and 11 confirmations later, still waiting for the B_itCH deposit to Confirm on Kraken.

Can't wait to rid myself of this shitcoin.

I have a real talent for picking the wrong horse in any race

This^ I can't express this enough, no matter what I do usually ends up working against me, while I don't particularly believe in BCH I have just the tiny amount I got with BTC and even less BTC at just over half of that. While I'd love to sell it to try to make it up to my first BTC I afraid that no matter I pick it'll be wrong. :|

Why not just hodl the BTC in a hardwallet and you can play the trading game with BCH..

[Meuh6879]

18

[harrymmmm]

How will 2x fail when it has 90% ecosystem support?

On the contrary. B2X has 90% ecosystem rejection.
The same situation we already had with Bitcoin Classic, Bitcoin XT, Bitcoin Unlimited, now with Bitcoin Cash, and same will be with Bitcoin 2X. Same people stand behind all of those! Some of them even sold out their bitcoins at $450 claiming that Bitcoin is broken and has no future...

What? Stop spreading misinformation. The economic majority behind Bitcoin have agreed on the 2x blocksize increase. They are the vested interests who have the greatest say as to the future direction of Bitcoin. This has already been agreed upon.

We will be getting a block-size upgrade for BTC and Segwit1x can chose to maintain a non-contentious minority chain if they so chose.

You're the one spreading misinformation.
It wasn't an economic majority, and they didn't agree to switch to jgarzik's btc1 fork.

The NYA was a Jihan/Ver bait 'n switch. That's why we're seeing the signatories of the NYA start to back away from it now.

The (charitable) version of my take on this with a face-saving exit for those businesses: https://bitcointalk.org/index.php?topic=2074058.msg20721971#msg20721971
Truth is, I think that picture assumes more good faith than there really was, but at least it's a way out.

[JayJuanGee]

Have Xapo and Coinbase and such released their BCH's to users yet? I'm sure there will be a pump before that happens. And a monumental dump when they do.

Gemini and Stamp have not released the BCH on their service, either....

For nearly 2 weeks, Uphold has release the BCH (so it shows up in member accounts), but you cannot do anything with the BCH, yet.

[Olivious]

Approximately 3 hours more before segwit activation happens, we shall witness some big change in bitcoin.
I wonder if bitcoin will achieve new ATH today, or go back to $3000, who knows.

[bones261]

......how long until BCH needs to fork off again?

 

Maybe with the next boom period which may be coming soon, the emergency adjustments will bring the difficulty so low, that they will totally derail in a mire of orphans and reorgs. They already have 4 emergency difficulty adjustments locked in, coming up on a 5th. We will see. The emergency difficulty adjustments should come in a day or two, depending on whether the magical mystery miner decides to start helping the chain along again.

[JayJuanGee]

Tonight might be more of a historic moment then we all realize.

O.k.  I will bite.  How, newbie (possible troll)?   

[hazukison]

Why not just hodl the BTC in a hardwallet and you can play the trading game with BCH..

^^^--- Exactly. Free Internet Fun-bucks to play with, or hodl, or, whatever.

It's more of a case of if through some magical unicorn comes along and fucks everything up and BCH somehow becomes the one on top then I'd have lost the chance to have 1 (i.e not all my eggs in one basket)
While it's unlikely, there is still the "chance" however rare that might be. The world is utterly fucked as you well know at this moment and it doesn't half make you feel like anything could happen. (Because for the most part the general public are utter morons.)

[JayJuanGee]

This miners are crazy ...

My sides tonight will be potatoes with gravy.

http://fork.lol/pow/hashrate

[https://i.imgur.com/seS3Hto.png[/img]

What happens if BCH never finds a block again?  They have been stalled for a long fucking time - maybe fewer than 15 blocks have been found in the past 24 hours - something like that.

[empowering]

This miners are crazy ...

My sides tonight will be potatoes with gravy.

http://fork.lol/pow/hashrate

[https://i.imgur.com/seS3Hto.png[/img]

What happens if BCH never finds a block again?  They have been stalled for a long fucking time - maybe fewer than 15 blocks have been found in the past 24 hours - something like that.

they use their fave trick.....and fork..............again?

 

More forks than a cutlery draw

[bones261]

This miners are crazy ...

My sides tonight will be potatoes with gravy.

http://fork.lol/pow/hashrate

[https://i.imgur.com/seS3Hto.png[/img]

What happens if BCH never finds a block again?  They have been stalled for a long fucking time - maybe fewer than 15 blocks have been found in the past 24 hours - something like that.

They have magical mystery miner to come to the rescue. Unless JU has decided to abandon the whole thing. But I doubt it.

[empowering]

Why not just hodl the BTC in a hardwallet and you can play the trading game with BCH..

^^^--- Exactly. Free Internet Fun-bucks to play with, or hodl, or, whatever.

It's more of a case of if through some magical unicorn comes along and fucks everything up and BCH somehow becomes the one on top then I'd have lost the chance to have 1 (i.e not all my eggs in one basket)
While it's unlikely, there is still the "chance" however rare that might be. The world is utterly fucked as you well know at this moment and it doesn't half make you feel like anything could happen. (Because for the most part the general public are utter morons.)

How is the world more fucked than it was last year? (as opposed to "at this moment")

(Rhetorical - because it isn't - if you were paying attention last year (and quite a few before then) it was already fucked)

(Once again.... rhetorical)

(Sorry back on topic)

(Somewhat agreed on the general public)

[BlindMayorBitcorn]

Have Xapo and Coinbase and such released their BCH's to users yet? I'm sure there will be a pump before that happens. And a monumental dump when they do.

Gemini and Stamp have not released the BCH on their service, either....

For nearly 2 weeks, Uphold has release the BCH (so it shows up in member accounts), but you cannot do anything with the BCH, yet.

That's a lot of stuck fun bucks.

[Meuh6879]

10

[hazukison]

Why not just hodl the BTC in a hardwallet and you can play the trading game with BCH..

^^^--- Exactly. Free Internet Fun-bucks to play with, or hodl, or, whatever.

It's more of a case of if through some magical unicorn comes along and fucks everything up and BCH somehow becomes the one on top then I'd have lost the chance to have 1 (i.e not all my eggs in one basket)
While it's unlikely, there is still the "chance" however rare that might be. The world is utterly fucked as you well know at this moment and it doesn't half make you feel like anything could happen. (Because for the most part the general public are utter morons.)

How is the world more fucked than it was last year? (as opposed to "at this moment")

(Rhetorical - because it isn't - if you were paying attention last year (and quite a few before then) it was already fucked)

(Once again.... rhetorical)

(Sorry back on topic)

(Somewhat agreed on the general public)

I was simply making reference to things like:

Trump & more isis attacks recently. But I was just being stereotypical, everybody loves a madman 

Another thing since I missed out on $1k BCH I feel like $600 is just isn't worth selling (incase it hit 1k again) thanks to the mystery miner.

[AlexGR]

What happens if BCH never finds a block again?  They have been stalled for a long fucking time - maybe fewer than 15 blocks have been found in the past 24 hours - something like that.

Someone will have to play the hero and start paying higher fees to make it attractive to mine.

If the block reward doesn't cut it, you'll have to make mining attractive through increased fees. But since block space is ample in BCH, nobody has to pay any serious fees and consequently, the fee-incentive just ain't there for the miners. In BTC vs BCH mining race, yesterday, BCH was effectively competing for 12.5 BCH vs 17.5 BTC (because BTC fees were reaching 5+).

In the years to come, takeover attempts like 2x will be completely futile because the block reward will be insignificant compared to fees. The users will effectively decide the miner reward based on transaction fees, since block reward will have been reduced to a lower level of 6 or 3 btc. It won't be possible to enforce any chain that users don't want to use since it will produce no mining revenue from tx fees. No use, no txs, no tx fees, no miner reward except basic block reward (=too little).

[BlindMayorBitcorn]

[BlindMayorBitcorn]

This is awkward.

Segway.

Did I miss any free coins between Clams and BCH? I know I missed some Byteballs. Anything else?

[deepcolderwallet]

SegWaiting...