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July 05, 2020, 05:02:55 PM *
News: Latest Bitcoin Core release: 0.20.0 [Torrent]
 
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Question: Is this the last time Bitcoin will be below $9,000?
Yes - 43 (37.7%)
No - 44 (38.6%)
I Don't Know - 27 (23.7%)
Total Voters: 114

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21690375 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. (147 posts by 36 users deleted.)
EtihadBitcoin
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November 07, 2017, 03:46:26 PM

come on...go down! I totally forgot to buy some in the 5500-7000 range  Cheesy

I wonder when most people realize that bitcoin is one of the technically most inferior coins out there  Tongue

So you want bitcoinunlimited to replace it and the core?
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qwertybit
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November 07, 2017, 03:46:36 PM

Inquisitive whether 6k desire mastery as an alternative of 7k. Dead reckoning equitable and be rewarded.
Lopumbo
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November 07, 2017, 03:52:16 PM

So you want bitcoinunlimited to replace it and the core?

well, name me a coin that is

completely private (hides transactions, amounts, adresses etc.)
this includes fungibility
no transaction malleability
adaptive blocksize
faster difficulty adjustment
is asic proof
has inflation

... Kiss
Arriemoller
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November 07, 2017, 04:04:46 PM

Inquisitive whether 6k desire mastery as an alternative of 7k. Dead reckoning equitable and be rewarded.

Google translate?
Elwar
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November 07, 2017, 04:34:53 PM

So you want bitcoinunlimited to replace it and the core?

well, name me a coin that is

completely private (hides transactions, amounts, adresses etc.)
this includes fungibility
no transaction malleability
adaptive blocksize
faster difficulty adjustment
is asic proof
has inflation

... Kiss


You had me until "has inflation"

Federal Reserve Notes?
JimboToronto
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November 07, 2017, 04:58:16 PM

Good morning Bitcoinland.

Still consolidating after yesterday's correction/profit-taking... currently $7054USD/$9027CAD (Bitcoinaverage).

AltCash also down a bit at $612USD/$780CAD (Coinmarketcap).

It looks like it doesn't want to go below $7k for long though. Is this a new bottom, at least until the fork?
arklan
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November 07, 2017, 05:05:03 PM

I'm very not liking all this uncertainty around the fork/CME starting up. Everything I'm seeing suggests Segwit2x will have a small amount of miners, but people are talking doom.

I don't get it.
afbitcoins
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November 07, 2017, 05:10:32 PM

So you want bitcoinunlimited to replace it and the core?

well, name me a coin that is

completely private (hides transactions, amounts, adresses etc.)
this includes fungibility
no transaction malleability
adaptive blocksize
faster difficulty adjustment
is asic proof
has inflation

... Kiss


You had me until "has inflation"

Federal Reserve Notes?

Has inflation (of supply ) which decays over time at a pre-determined rate

https://bitcointalk.org/index.php?topic=130619.msg1397456#msg1397456
JimboToronto
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November 07, 2017, 05:14:49 PM

I'm very not liking all this uncertainty around the fork/CME starting up. Everything I'm seeing suggests Segwit2x will have a small amount of miners, but people are talking doom.

I don't get it.

No doom from me. When I talk about a new pre-fork bottom I'm just anticipating the usual short-lived panic of weaklings and the reallocation of coins that were bought to be in on the fork.

I have no doubt that all my old paper wallets will increase in value.
conspirosphere.tk
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November 07, 2017, 05:17:29 PM

You don't consider Coionomi safe?

I consider it safe enough to try to import my old wallets' btc keys (after moving my btc) and keep some of my alts in, so I'm going to try with that.

Quote
bitcoinunlimited

Did I miss a fork with more free money in?
afbitcoins
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November 07, 2017, 05:21:02 PM

I'm very not liking all this uncertainty around the fork/CME starting up. Everything I'm seeing suggests Segwit2x will have a small amount of miners, but people are talking doom.

I don't get it.

Two segwit branches fighting over 1M or 2M blocks feels irrelevant to me on a technical level. Both are almost the same, the diff in block size between 1M and 2M isn't that big. Its more like a battle of egos or a battle to gain control of the bitcoin brand, or an attempt to sack the core developers. Honey Badger don't care.

Or

From another point of view the problem is that forks are muddying the water, bitcoin as a concept was once clear but now is not. Additionally the limit of 21million has been cloned to 42million to 63million and so on, of different types.  So far bitcoin (or the chain that is perceived to be bitcoin) is continuing on happily but the seeds are being sown for the crypto winter to come.

Is that the DOOOM you speak of?

ragnar0k
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November 07, 2017, 05:30:26 PM

an attempt to sack the core developers

I love it when they say that on proS2X forums... I don't think they really have a clue of what open source is
jbreher
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November 07, 2017, 05:31:19 PM

Everything I'm seeing suggests Segwit2x will have a small amount of miners

Everything?

Well, there is the fact that the overwhelming majority of blocks are indicating support for S2X.
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November 07, 2017, 05:38:33 PM

Everything I'm seeing suggests Segwit2x will have a small amount of miners

Everything?

Well, there is the fact that the overwhelming majority of blocks are indicating support for S2X.


I'm indicating for a chocolate fudge sundae, but I still don't have one.
jbreher
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November 07, 2017, 05:43:21 PM

Everything I'm seeing suggests Segwit2x will have a small amount of miners

Everything?

Well, there is the fact that the overwhelming majority of blocks are indicating support for S2X.

I'm indicating for a chocolate fudge sundae, but I still don't have one.

Yeah, I get it. Whether the stated preference is honored in the end is an unknown. I'm just pointing out that it takes a special type of myopia to be unable to see the most prevalent and the only non Sybil-able indication of preference.

Last of the V8s
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November 07, 2017, 05:55:06 PM

You really think all those meetups voting #no2x were sybil-attacked? Seems unlikely.
10 lazy miners vs thousands of true believers
TheFlynn49
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November 07, 2017, 06:02:23 PM

Yeah, I get it. Whether the stated preference is honored in the end is an unknown. I'm just pointing out that it takes a special type of myopia to be unable to see the most prevalent and the only non Sybil-able indication of preference.

This works both ways btw. If some player change its mind and finally mine 2X despite what it announced,
1X could be in trouble.
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November 07, 2017, 06:02:52 PM

https://www.lamborghini.com/en-en/news/lamborghini-unveils-future-sports-car-emtech-mit

MIT does unspeakable things. This time to Lambos.
Miz4r
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November 07, 2017, 06:23:23 PM

Everything I'm seeing suggests Segwit2x will have a small amount of miners

Everything?

Well, there is the fact that the overwhelming majority of blocks are indicating support for S2X.

I'm indicating for a chocolate fudge sundae, but I still don't have one.

Yeah, I get it. Whether the stated preference is honored in the end is an unknown. I'm just pointing out that it takes a special type of myopia to be unable to see the most prevalent and the only non Sybil-able indication of preference.

Doesn't mean shit when there is no real money on the line yet. Once the fork happens and the market assigns a value to both sides of the fork it will be a whole new ballgame for miners and you can be sure the large majority will be following the money.
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November 07, 2017, 06:34:21 PM

Yeah, I get it. Whether the stated preference is honored in the end is an unknown. I'm just pointing out that it takes a special type of myopia to be unable to see the most prevalent and the only non Sybil-able indication of preference.

This works both ways btw. If some player change its mind and finally mine 2X despite what it announced,
1X could be in trouble.

Core's last node update to Satoshi:0.15.0.1 will reject all 2x mined blocks. Worst thing will happen is slow blocks and higher fees temporary. While the non-tech users having a chance losing there money because of missing out of replay protection.

Also, dont listen to Jbreher, he just a bigblocker who loves centralization while copy pasting all kind of stuff.
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