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

[jbreher]

Fortunately my trezor and ledger just arrived. .

I'm in the midst of splitting my cold stash coins from an Armory offline solution to Ledger Nano. I'm not sure I am fully comfortable with the solution, but the Armory offline approach to maintaining multiple forks was getting too burdensome. I may move 'em back after the splitting is done. I hope that done day arrives soon (contrary to what you may think about me). I assume after the Bitcoin Gold/GPU/whatever fiasco blows past, there will be little traction for any new forks save S2X. At least I hope so.

[1714506132]

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[1714506132]

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[jbreher]

I've said it before but I'll say it again, people are getting far, far, far too comfortable with the idea of BTC being a stone cold, cast iron, gold plated one way trip to glory. It's that type of thinking that gets people in serious trouble when that's tested.

I understand that point. OTOH, when your debts are such a minuscule number in relation to your Bitcoin holdings, it's a hell of a cushion to react to any sudden downturn.

[becoin]

I have told you. Repeatedly. I really don't know how I can be any more clear. Sorry.

You're posting like crazy. You seem to be under massive stress. B2X fork will have the same success as BCH and BTG, or even less. Sell all BCH you're holding and take a life!

[rjclarke2000]

I have told you. Repeatedly. I really don't know how I can be any more clear. Sorry.

You're posting like crazy. You seem to be under massive stress. B2X fork will have the same success as BCH and BTG, or even less. Sell all BCH you're holding and take a life!

This is the most sensible thing I have read today.


Edit. Not the posting like crazy bit. I have no opinion on jbreher's posting habits. I mean the last bit.

[SimonJones]

It's interesting to see that the price target of $6000+ by the end of October is coming true.

[vroom]

66 minutes until amazon announcement!

live webcast here: http://phx.corporate-ir.net/phoenix.zhtml?p=irol-eventDetails&c=97664&eventID=5264534

[gwoplock]

66 minutes until amazon announcement!

live webcast here: http://phx.corporate-ir.net/phoenix.zhtml?p=irol-eventDetails&c=97664&eventID=5264534

The real question is do we think they're going to actually do it. Do we really think that it will give value to amazon?

[BlindMayorBitcorn]

An hour until the dumps then.

[itod]

*Unless a change in POW helps to equalize mining power by making costs harder to scale.

...Your apparent belief that a change in PoW will make any difference in centralization is unpersuasive. No matter the technology, mining power will coalesce to those that possess the financial resources, the BizOps acumen, and most importantly the persistence and pain tolerance needed for entrepreneurship on a grand scale.

I don't believe this is true. If somehow PoW can be tied to a smartphone for "one phone one vote", those who have financial resources can screw themselves against the brute force of several billion smartphone users. "One RAM bank one vote" seems like a move in good direction, but it is not enough, something else is missing in that algorithm to truly democratize mining.

[rjclarke2000]

An hour until the dumps then.

Yes. We've all seen this happen before hey Bitcorn.

Honestly guys, who thinks this will really happen with Amazon?

I don't mean to be pessimistic but I'm going to be pessimistic.

I can't see it happening.

[jojo69]

no way

[gentlemand]

I can't see it happening.

How the fuck did it ever get to this position? It's the tiredest trope in Bitcoinland and merchant adoption does nothing anyway.

[rjclarke2000]

I can't see it happening.

How the fuck did it ever get to this position? It's the tiredest trope in Bitcoinland and merchant adoption does nothing anyway.

We all know, but once again hope that this time it will be different

[realsteelboy]

Has anyone actually been listening? I've logged into some Q&A. Has he question been asked?

[BlindMayorBitcorn]

If Amazon came out and said going forward they will _only_ accept Bitcoin, that would be something.

[rjclarke2000]

If Amazon came out and said going forward they will _only_ accept Bitcoin, that would be something.

Dream on BMB

[BlindMayorBitcorn]

The fact people aren't migrating away from Coinbase en masse tells me something about people--they're mostly a bunch of apathetic wankers.

While I agree with the sentiment at least coinbase have stated upfron that their customers will have access to coins on both chains.
For me the bigger issue is bitpay - and their power to force transactions onto one chain or the other, and asfaik they have not rolled back from NYA as yet.

Some pushback against Bitpay.

https://twitter.com/pavolrusnak/status/923625085994446848

We're replacing @BitPay exchange rates API in @TREZOR Web Wallet, because they plan to play games with the BTC ticker. Can't tolerate this.

[ragnar0k]

Guys I am a bit worried...
Boris Becker, after having lost all his money with Nigerian scammers is now talking about bitcoin

Time to sell?  
(He retweeted 25th Oct)
https://twitter.com/TheBorisBecker?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

[BlindMayorBitcorn]

The time to sell was probably when Mike Tyson opened his line of Bitcoin ATM's in Las Vegas. That was thousands of dollars ago!

[realsteelboy]

The Amazon call is over and as far as I can tell nothing was mentioned.

As far as I can tell Bitcoin don't give a fuck.