Bitcoin Forum
February 23, 2019, 05:55:51 AM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Feb. 28 Closing Price:
<$1,000 - 9 (8.2%)
$2,600-$2,800 - 4 (3.6%)
$2,800-$3,000 - 6 (5.5%)
$3,000-$3,200 - 4 (3.6%)
$3,200-$3,400 - 6 (5.5%)
$3,400-$3,600 - 6 (5.5%)
$3,600-$3,800 - 14 (12.7%)
$3,800-$4,000 - 10 (9.1%)
$4,000-$4,200 - 19 (17.3%)
$4,200-$4,400 - 6 (5.5%)
$4,400-$4,600 - 7 (6.4%)
>$6,000 - 19 (17.3%)
Total Voters: 110

Pages: « 1 ... 18092 18093 18094 18095 18096 18097 18098 18099 18100 18101 18102 18103 18104 18105 18106 18107 18108 18109 18110 18111 18112 18113 18114 18115 18116 18117 18118 18119 18120 18121 18122 18123 18124 18125 18126 18127 18128 18129 18130 18131 18132 18133 18134 18135 18136 18137 18138 18139 18140 18141 [18142] 18143 18144 18145 18146 18147 18148 18149 18150 18151 18152 18153 18154 18155 18156 18157 18158 18159 18160 18161 18162 18163 18164 18165 18166 18167 18168 18169 18170 18171 18172 18173 18174 18175 18176 18177 18178 18179 18180 18181 18182 18183 18184 18185 18186 18187 18188 18189 18190 18191 18192 ... 22930 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21040851 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. (10 posts by 5 users deleted.)
Ludwig Von
Sr. Member
****
Offline Offline

Activity: 546
Merit: 281



View Profile
November 04, 2017, 01:50:48 PM


Bitcoin is trying to compete with assets like Gold. You can't "fork" Gold or redefine what Gold is and that has value. Bitcoin's resistance to re-definition, likewise has value. Some people are trying hard to damage this resistance in order to say "see? Bitcoin is crap, it can be forked, it can be inflated through forks, uncertainty can be introduced on what fork will be the "right" one, etc etc... gold doesn't have all this bullshit, I'll stick with gold / stocks / fiat".

This is why all the forkers are cancer. They are undermining bitcoin, or are actively trying to control it, under any narrative like "bigger blocks". Even when they had their "big blocks" with BCH and the 8mb fork, now they are trying to take BTC to 8mb as well with S2X. Why don't they simply stick to BCH? It's simple: Because it was never about big blocks, it was about CONTROL.

I would even go so far to say that for some of the bad actors involved, it's not even about control. If they are secretly being state-sponsored, then it's about bringing down Bitcoin entirely. Or at least dividing it, diluting it, and undermining it so much that it gets completely marginalized in the public eye, forever seen as a chaotic niche geek thing and not seen as the serious financial game changer that it is.

It's almost like their game plan is "Well if we can't centralize control of Bitcoin, then we'll continue to try and undermine it."

Everything Chinese is owned and controlled by the Pboc for it 's own purpose and goals.
Your Bitcoin transactions
The Ultimate Bitcoin mixer
made truly anonymous.
with an advanced technology.
Mix coins
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1550901351
Hero Member
*
Offline Offline

Posts: 1550901351

View Profile Personal Message (Offline)

Ignore
1550901351
Reply with quote  #2

1550901351
Report to moderator
1550901351
Hero Member
*
Offline Offline

Posts: 1550901351

View Profile Personal Message (Offline)

Ignore
1550901351
Reply with quote  #2

1550901351
Report to moderator
AlcoHoDL
Full Member
***
Offline Offline

Activity: 476
Merit: 120


Addicted to HoDLing!


View Profile
November 04, 2017, 01:54:12 PM

I would even go so far to say that for some of the bad actors involved, it's not even about control. If they are secretly being state-sponsored, then it's about bringing down Bitcoin entirely. Or at least dividing it, diluting it, and undermining it so much that it gets completely marginalized in the public eye, forever seen as a chaotic niche geek thing and not seen as the serious financial game changer that it is.

It's almost like their game plan is "Well if we can't centralize control of Bitcoin, then we'll continue to try and undermine it."

I see your points. And we should say to them, "Bring it on. Come and get it." And they will fail. And this will be good for Bitcoin (the original and only one), for the reasons AlexGR outlined in his post. Bitcoin will come out stronger, having proven that it can resist re-definition. Actually, this whole BCH/BTG/SegWit2x mess may turn out to be a blessing for Bitcoin. A test if you will. And it shall pass it with flying colours.
LewisPirenne
Full Member
***
Offline Offline

Activity: 140
Merit: 100


View Profile
November 04, 2017, 01:56:20 PM
Last edit: November 04, 2017, 02:06:32 PM by LewisPirenne

Though the article is in Chinese, it is interesting in that it includes the latest interviews from Jihan Wu of Bitmain and Samson Mow of Blockstream.

http://www.bitcoin86.com/news/17847.html

Something that I find interesting in that interview, various rumors that are denied by Jihan Wu,

1) Jihan Wu is an investor in Bithumb of South Korea (you know, where they are trading 1.5 ~ 2 million BCH at USD$1 billion volume PER DAY).

2) Bitmain's revenue is over USD$1 billion per year.  They made over $150 million profit (1 billiion CNY) in 1st half of 2017, with profit likely much higher in the 2nd half.

3) There are uncertainty concerning future China govt policy towards crypto.  They had tense relationship with some of local govt, like in Xinjiang and their Yunnan facility actually had to stop operation after electricity was cut off.

4) Jihan is going to enforce NYA in the upcoming S2X fork.  But also recognizes that he got significant hashrate from other miners and thus had to take profitability into account.  But unlike BTC.TOP and VIABTC pool, he did not come out and say that he is going to offer miners the option of mining both Segwit chain.
conspirosphere.tk
Legendary
*
Offline Offline

Activity: 2352
Merit: 1064


Bitcoin is antisemitic


View Profile
November 04, 2017, 02:12:41 PM

am I missing something?
...But what drives this - is it simply because Core is THAT hated?  And if it is, will the 2X cohort have any chance of pulling this off...

You're missing that bigblockers are just a false front/astroturfing ruse to kill the last decentralized piece of the bitcoin network (nodes) so to pwn it.
And that's the least that you can expect from TPTB, who are doing that just because they identified nodes as the the weak point -and rightly so since they are just a bunch of nerds doing unpaid volunteer work with their own scarce means.

What drives it is the threat to fiat money constituted by bitcoin. If their next forking attack will fail (((they))) will try other vectors. Of this I am quite certain.
fragout
Legendary
*
Offline Offline

Activity: 1223
Merit: 1009



View Profile
November 04, 2017, 02:26:41 PM

I dont think enough people get that 2X isnt or might not be just another free airdrop. The only scenario that both chains survive is if replay protection is included in either one. Both sides have no plans for this, so its going to be a battle which only one side will prevail. To make matters worse, the winning conditions are not even agreed upon. One side says hash rate majority wins and the other says market cap.
To me the very fact that a battle even exists when btc is hitting records in both marketcap and mainstream attention is just baffling
oblox
Legendary
*
Offline Offline

Activity: 1274
Merit: 1018


View Profile
November 04, 2017, 02:38:23 PM

I dont think enough people get that 2X isnt or might not be just another free airdrop. The only scenario that both chains survive is if replay protection is included in either one. Both sides have no plans for this, so its going to be a battle which only one side will prevail. To make matters worse, the winning conditions are not even agreed upon. One side says hash rate majority wins and the other says market cap.
To me the very fact that a battle even exists when btc is hitting records in both marketcap and mainstream attention is just baffling

This is where I'm at as well. I'm impressed that BTC is just honey badgering to new highs but I'm left wondering why as this is arguably the largest contested fork less than two weeks out. I would have figured we would have seen more clarity with signally changing but it hasn't changed that much. Then you have Jeff starting his own coin so its like, who the fuck is going to develop this thing.
kurious
Legendary
*
Offline Offline

Activity: 1680
Merit: 1154



View Profile
November 04, 2017, 02:48:12 PM

I dont think enough people get that 2X isnt or might not be just another free airdrop. The only scenario that both chains survive is if replay protection is included in either one. Both sides have no plans for this, so its going to be a battle which only one side will prevail. To make matters worse, the winning conditions are not even agreed upon. One side says hash rate majority wins and the other says market cap.
To me the very fact that a battle even exists when btc is hitting records in both marketcap and mainstream attention is just baffling

This is where I'm at as well. I'm impressed that BTC is just honey badgering to new highs but I'm left wondering why as this is arguably the largest contested fork less than two weeks out. I would have figured we would have seen more clarity with signally changing but it hasn't changed that much. Then you have Jeff starting his own coin so its like, who the fuck is going to develop this thing.

It's even not sure how to split coins AFAICS...
bitserve
Hero Member
*****
Online Online

Activity: 756
Merit: 671



View Profile
November 04, 2017, 03:05:17 PM

I dont think enough people get that 2X isnt or might not be just another free airdrop. The only scenario that both chains survive is if replay protection is included in either one. Both sides have no plans for this, so its going to be a battle which only one side will prevail. To make matters worse, the winning conditions are not even agreed upon. One side says hash rate majority wins and the other says market cap.
To me the very fact that a battle even exists when btc is hitting records in both marketcap and mainstream attention is just baffling

This is where I'm at as well. I'm impressed that BTC is just honey badgering to new highs but I'm left wondering why as this is arguably the largest contested fork less than two weeks out. I would have figured we would have seen more clarity with signally changing but it hasn't changed that much. Then you have Jeff starting his own coin so its like, who the fuck is going to develop this thing.

It's even not sure how to split coins AFAICS...

I wonder if miners will be trying to sell the first newly minted coins after the fork for a big premium.....
gembitz
Sr. Member
****
Offline Offline

Activity: 854
Merit: 348


*Brute force will solve any Bitcoin problem*


View Profile
November 04, 2017, 03:12:59 PM

Though the article is in Chinese, it is interesting in that it includes the latest interviews from Jihan Wu of Bitmain and Samson Mow of Blockstream.

http://www.bitcoin86.com/news/17847.html

Something that I find interesting in that interview, various rumors that are denied by Jihan Wu,

1) Jihan Wu is an investor in Bithumb of South Korea (you know, where they are trading 1.5 ~ 2 million BCH at USD$1 billion volume PER DAY).

2) Bitmain's revenue is over USD$1 billion per year.  They made over $150 million profit (1 billiion CNY) in 1st half of 2017, with profit likely much higher in the 2nd half.

3) There are uncertainty concerning future China govt policy towards crypto.  They had tense relationship with some of local govt, like in Xinjiang and their Yunnan facility actually had to stop operation after electricity was cut off.

4) Jihan is going to enforce NYA in the upcoming S2X fork.  But also recognizes that he got significant hashrate from other miners and thus had to take profitability into account.  But unlike BTC.TOP and VIABTC pool, he did not come out and say that he is going to offer miners the option of mining both Segwit chain.


~don't you read chinese newspapers? :-D lol
conspirosphere.tk
Legendary
*
Offline Offline

Activity: 2352
Merit: 1064


Bitcoin is antisemitic


View Profile
November 04, 2017, 03:16:50 PM

Ok, here's the next cool alt:

yefi
Legendary
*
Offline Offline

Activity: 1960
Merit: 1142



View Profile
November 04, 2017, 03:18:45 PM

Is it possible thou dothst not knoweth that of which thou speaketh?

#archaicgrammarnazi
d_eddie
Hero Member
*****
Offline Offline

Activity: 602
Merit: 533



View Profile
November 04, 2017, 03:24:06 PM

Why the fuck are RogerBucks up so much ? The hell is up with that shit ?

Cause speculation:

https://bitcointalk.org/index.php?topic=2259054.0
https://theflippening.github.io/open-letter-to-bitcoin-miners-from-another-miner/

+ people shilling this speculation on social media

I just finished reading the open letter, and, I must admit, it scared the hell out of me. I have already sold all my Bitcoin Cash. I really wish things will not turn out the way the letter describes!

Wondering if we all should have kept our BCH... Shocked

Jimbo and jbreher may well turn out to be the smartest guys among us.
Patience is key, indeed. I'm still keeping some just in case...
lightfoot
Legendary
*
Offline Offline

Activity: 1764
Merit: 1058


I fix broken miners. And make holes in teeth :-)


View Profile
November 04, 2017, 03:44:04 PM

So as Bitcoin rolls past 7350 with a ho hum, I think it's time to define some standards.

For example: What is the standard Lamborghini that people put in their portfolios? The LP500S is a great car, but kind of rare-ish and wonky. Would the Diablo be a standard unit of measurement, or something else?

C
JimboToronto
Legendary
*
Offline Offline

Activity: 2100
Merit: 1179



View Profile
November 04, 2017, 03:55:25 PM
Last edit: November 04, 2017, 04:08:32 PM by JimboToronto

Good morning Bitcoinland.

First day in almost a week without an ATH yet... currently $7332USD/$9358CAD (Bitcoinaverage).

AltCash has also slowed it's recent rise and sits at $635USD/$810CAD (Coinmarketcap).

Consolidation is good. ATHs are good too.

Let's continue on up the stairway to heaven. Go Bitcoin go.

What is the standard Lamborghini that people put in their portfolios? The LP500S is a great car, but kind of rare-ish and wonky. Would the Diablo be a standard unit of measurement, or something else?

Does Lamborghini make a limousine? I prefer to be chauffeured.

yermom
Member
**
Offline Offline

Activity: 98
Merit: 10


View Profile
November 04, 2017, 04:02:56 PM


Hmmm... it looks like a spanish flag! Oh dear Cheesy

PS: btw the boy doesn't seem gay enough, it's not gonna succeed
Globb0
Legendary
*
Offline Offline

Activity: 1792
Merit: 1254


Big Member


View Profile
November 04, 2017, 04:08:24 PM


Grumpy old bitcoin man has full bags!     Grin Grin
jojo69
Legendary
*
Online Online

Activity: 1302
Merit: 1639


no FOMO


View Profile
November 04, 2017, 04:15:52 PM

Countach

but I'm more of a D type Jag guy myself

and even that would have to wait until I found an ex-works group B Quattro
TheFlynn49
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
November 04, 2017, 04:26:18 PM


I am very afraid to ask what precisely is the Proof-of-Work of that alt ? !
AlcoHoDL
Full Member
***
Offline Offline

Activity: 476
Merit: 120


Addicted to HoDLing!


View Profile
November 04, 2017, 04:29:48 PM


I just finished reading the open letter, and, I must admit, it scared the hell out of me. I have already sold all my Bitcoin Cash. I really wish things will not turn out the way the letter describes!

Wondering if we all should have kept our BCH... Shocked

Jimbo and jbreher may well turn out to be the smartest guys among us.

Patience is key, indeed. I'm still keeping some just in case...

I sold them all (at a good price, got myself some more BTC out of them). Now everything's in cold storage, I can't be bothered to buy or sell. Will just HoDL it out.

BTW, looks like there's a mid-weekend Choo-Choo forming slowly... Grin
Phil_S
Full Member
***
Offline Offline

Activity: 577
Merit: 216


We choose to go to the moon


View Profile
November 04, 2017, 04:31:39 PM

Grumpy old bitcoin man has full bags!     Grin Grin

Bags full of hardware wallets. Smiley
Pages: « 1 ... 18092 18093 18094 18095 18096 18097 18098 18099 18100 18101 18102 18103 18104 18105 18106 18107 18108 18109 18110 18111 18112 18113 18114 18115 18116 18117 18118 18119 18120 18121 18122 18123 18124 18125 18126 18127 18128 18129 18130 18131 18132 18133 18134 18135 18136 18137 18138 18139 18140 18141 [18142] 18143 18144 18145 18146 18147 18148 18149 18150 18151 18152 18153 18154 18155 18156 18157 18158 18159 18160 18161 18162 18163 18164 18165 18166 18167 18168 18169 18170 18171 18172 18173 18174 18175 18176 18177 18178 18179 18180 18181 18182 18183 18184 18185 18186 18187 18188 18189 18190 18191 18192 ... 22930 »
  Print  
 
Jump to:  

Bitcointalk.org is not available or authorized for sale. Do not believe any fake listings.
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!