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Question: Feb. 28 Bitcoin Price:
<$7,000 - 13 (6%)
$7,000-$8,000 - 7 (3.3%)
$8,000-$9,000 - 12 (5.6%)
$9,000-$10,000 - 19 (8.8%)
$10,000-$11,000 - 28 (13%)
$11,000-$12,000 - 42 (19.5%)
$12,000-$13,000 - 19 (8.8%)
$13,000+ - 75 (34.9%)
Total Voters: 215

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 20176653 times)
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toknormal
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November 05, 2017, 08:12:06 PM


Isn't this all going to sh* when the fork is over ? The only reason people are buying is to be on the right side of the fork. 2X hasn't a hope in hell by the way. Not one investor is remotely interested in blocksize, capacity or any other monetary vehicular niceties any more.

The only thing they're worried about is that the name of their investment doesn't have anything other than a full stop after the word "Bitcoin".
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Ibian
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November 05, 2017, 08:16:34 PM


Isn't this all going to sh* when the fork is over ? The only reason people are buying is to be on the right side of the fork. 2X hasn't a hope in hell by the way. Not one investor is remotely interested in blocksize, capacity or any other monetary vehicular niceties any more.

The only thing they're worried about is that the name of their investment doesn't have anything other than a full stop after the word "Bitcoin".

Also price. Which, yeah.
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November 05, 2017, 08:23:31 PM

No, I mean the estimated next difficulty drop of -24.87% in seven days. Is this chart off?
https://bitcoinwisdom.com/bitcoin/difficulty

no problem, we already see this ...
http://bitcoin.sipa.be/index.html
Arriemoller
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November 05, 2017, 08:26:14 PM


Isn't this all going to sh* when the fork is over ? The only reason people are buying is to be on the right side of the fork. 2X hasn't a hope in hell by the way. Not one investor is remotely interested in blocksize, capacity or any other monetary vehicular niceties any more.

The only thing they're worried about is that the name of their investment doesn't have anything other than a full stop after the word "Bitcoin".

Also price. Which, yeah.

I think bitcoin is becoming a store of value only, no one uses it for payment anymore. The only time we sell is when we cash out.
Those of us that have bitcoin in the future are the new nobility, the rest will use other cryptocurrencies.
AlcoHoDL
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November 05, 2017, 08:28:25 PM

When I finally spend some of my hard-earned Bitcoin, I plan on buying land and and new implanted teeth and paying off what the taxman thinks I owe them. That would total more than what I spent to acquire all my coins. Then my entire stash would be gravy. That might be as early as January.

I've already arranged to buy the land with Bitcoin. I'm hoping the dental tourism clinic will accept Bitcoin as well. That just leaves the Canada Revenue Agency to be paid in dollars, so I guess I'll have to buy enough to pay them.

Sounds like a good plan, and I hope it all goes well for you. I really admire you guys, for being early adopters and seeing what the rest of us couldn't. The time has now come to enjoy the rewards of that foresight. Now for you, hopefully soon for the rest of us...
jojo69
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November 05, 2017, 08:49:53 PM


No, I mean the estimated next difficulty drop of -24.87% in seven days. Is this chart off?

https://bitcoinwisdom.com/bitcoin/difficulty

wisdom has been on autopilot for like a year
lightfoot
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November 05, 2017, 08:57:11 PM

Meantime I called my dad and asked him to check with his Porsche buddies on which Lambos would be good to have in the driveway. He seemed kind of grumpy, maybe because I told him to buy damn bitcoins 3 years ago.

Ah well.
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yes


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November 05, 2017, 09:02:16 PM

Meantime I called my dad and asked him to check with his Porsche buddies on which Lambos would be good to have in the driveway. [...]

A Countach will complement the 959 just fine.

itod
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November 05, 2017, 09:06:37 PM

So someone clue me in on what's going on with the hashrate?

It's hard to notice this, even harder to explain. You can set it if you go to: http://statoshi.info/dashboard/db/mining and then choose "Last 7d" or "Last 30d" upper right. It looks like someone is turning enormous amount of mining power on and off the BTC chain, looks like randomly. I bet this is the cause of Bitcoinwisdom's difficulty prediction algorithm to go nuts.
Emelectrol
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November 05, 2017, 09:07:51 PM

Meantime I called my dad and asked him to check with his Porsche buddies on which Lambos would be good to have in the driveway. [...]

A Countach will complement the 959 just fine.


Maybe with the wheel on the proper side...
lightfoot
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I fix broken miners. And make holes in teeth :-)


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November 05, 2017, 09:07:55 PM

Meantime I called my dad and asked him to check with his Porsche buddies on which Lambos would be good to have in the driveway. [...]

A Countach will complement the 959 just fine.
I like that, I'm a classic kind of guy and can handle the syncing of six carburetors, going to a dozen shouldn't be that much more difficult.....
conspirosphere.tk
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November 05, 2017, 09:10:33 PM



Now to be cool takes a LONG extension.
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November 05, 2017, 09:25:53 PM

Dat selloff...
Ted E. Bare
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Bear with me


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November 05, 2017, 09:27:25 PM

Lol never gets old.
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November 05, 2017, 09:45:56 PM

So let me get this straight.

The CME Group is supposed to launch Bitcoin futures trading on Nov 14th. Then, "The Idiots Who Shall Not Be Named" are set to launch SegWit2x on Nov 16th.

And everyone thinks this timing is nothing more than coincidental??   Huh
fabiorem
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November 05, 2017, 09:50:10 PM

So let me get this straight.

The CME Group is supposed to launch Bitcoin futures trading on Nov 14th. Then, "The Idiots Who Shall Not Be Named" are set to launch SegWit2x on Nov 16th.

And everyone thinks this timing is nothing more than coincidental??   Huh


It is not.
Ludwig Von
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November 05, 2017, 09:50:53 PM

So let me get this straight.

The CME Group is supposed to launch Bitcoin futures trading on Nov 14th. Then, "The Idiots Who Shall Not Be Named" are set to launch SegWit2x on Nov 16th.

And everyone thinks this timing is nothing more than coincidental??   Huh

I asked myself the same question. Now a plausible explanation maybe is to cause a massive shake-out... .
conspirosphere.tk
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November 05, 2017, 09:53:48 PM

So let me get this straight.

The CME Group is supposed to launch Bitcoin futures trading on Nov 14th. Then, "The Idiots Who Shall Not Be Named" are set to launch SegWit2x on Nov 16th.

And everyone thinks this timing is nothing more than coincidental??   Huh

Looks like all the pieces are in place for a Big Short.
Well, it was nice until it lasted.
Last of the V8s
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November 05, 2017, 10:14:28 PM

So let me get this straight.

The CME Group is supposed to launch Bitcoin futures trading on Nov 14th. Then, "The Idiots Who Shall Not Be Named" are set to launch SegWit2x on Nov 16th.

And everyone thinks this timing is nothing more than coincidental??   Huh

also the bitcoin cash jokers at the same time:
https://www.bitcoinabc.org/november
Bitcoin ABC has published version 0.16.0 which contains an updated Difficulty Adjustment Algorithm (DAA). 

This is a change to the Bitcoin Cash consensus rules, but the change does not activate until November 13th.  This is a hard fork, so exchanges, wallets, and other software need to upgrade before November 13th.
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November 05, 2017, 10:19:16 PM

Dat selloff...

OMG bitcoin is done. Sell everything.
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