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

[barota]

my new bottom call

2250

i agree with you...this pump is a signal that another dump coming soon

[mindrust]

If you want to discuss security problems, go to bcash topic.

[Ibian]

Discussing security problems is not shilling. This is childish.

Discussing security problems while twisting names and calling shitcoins bitcoin is.

Do you disagree with anything technical that has been posted in the last few days?

[vapourminer]

i look at it this way: i am a long time holder. i have an amount of btc i wish to protect. there is a very small, but non zero, chance i could lose btc stored in a segwit address. and all i have to do to mitigate that risk is store my long term btc in a legacy address. well thats a no brainer to me. after all my long term coins rarely move and segwit has no real advantage for long term holders.

i do have segwit coins, those are the ones i move back and forth to exchanges, use to buy stuff etc, IOW the day to day coins. the bulk of my coins are legacy. i get the best of both worlds: cheap fees on the daily driver segwit coins, better security for the legacy hodl coins. so whats the problem?

EDIT: here is an interesting read.. its what happened to a bunch of segwit coins on a chain that does not support segwit coins. happened on the bcash side but does illustrate what can happen (well, kinda, i think. maybe its not).

https://np.reddit.com/r/Bitcoin/comments/7eixcu/recovering_bch_sent_to_segwit_addresses/

EDIT 2: i don not do bcash, i sold that crap off.

There seems to be nothing wrong with what you are doing, but there still could be a bit of an issue to not support segwit for long term storage, merely based on very low odds of an attack (as you mentioned).  I already mentioned to others  that trolls seem to be striving to get you to NOT use segwit.. and you might play into their hands, perhaps?

Regarding sending bcash to a bitcoin segwit address.
1) Bcash does not use segwit and your link seems to describe some possible problems with bcash, not bitcoin, 2) bcash forked before segwit got implemented and activated into bitcoin  3) bcash continued to use the same addresses for preforked coins.. and then used addresses that look like bitcoin legacy addresses (which could cause confusion), but I don't see what the bcash problem is because they should not be able to use segwit addresses (since they did not implement segwit)...   but yeah, there could be an issue with bcash getting sent to any bitcoin address, whether legacy address or a segwit address.

im not sure what you mean (point 0?). what disadvantage do i have by storing btc in a legacy address? i will pay a higher fee when i move them at some point and i accept that. but im no worried about it; i tend to move fairly largish amounts (fairly largish to me anyway) at a time and generally im not in a hurry so usually i chose the smallest fee and dont care if it takes days to confirm. its a small percentage compared to the amount i move. for fast transactions i use segwit coins ive set aside for daily driver type stuff.

so how is that playing into anyones hand?

as for point 1, as i mentioned it may not apply except for illustrating how the underlying segwit "spend to anyone" can be exploited. which is admittedly a very small risk, but a risk nonetheless. risk is risk. if it cost basically nothing to eliminate it, why would i not do so?

i guess it boils down to why i would go out of my way to use segwit addys for long term hodl?

[mymenace]

Discussing security problems is not shilling. This is childish.

Yes it is

How long is a piece of string

Always a threat

Always a false flag

if only it was corruption

[Rosewater Foundation]

Anunymint raises some good points. I am guessing similar to Peter Rizun. It points out a potential attack vector on segwit coins.

Dr. Peter Rizun - SegWit Coins are not Bitcoins

The video is worth watching even if you believe Segwit posses no risk.

https://www.youtube.com/watch?v=VoFb3mcxluY

All I read is Trilemma.

[mindrust]

Dr. Peter Rizun - Bitcoin Unlimited (www.bitcoinunlimited.info)

bCASH fan says segwit isn't secure. How surprising.

[mymenace]

Dr. Peter Rizun - Bitcoin Unlimited (www.bitcoinunlimited.info)

bCASH fan says segwit isn't secure. How surprising.

but their right

[El duderino_]

27% of England’s Male Millennials Say Bitcoin Better Investment Than Property

Millennials Turning from Traditional Investments and Toward Crypto

let them 

[HairyMaclairy]

Peter Rizun has about as much credibility as Dorian Nakamoto

[El duderino_]

Dr. Peter Rizun - Bitcoin Unlimited (www.bitcoinunlimited.info)

bCASH fan says segwit isn't secure. How surprising.

AGAIN !!, nothing more nothing less

[vroom]

Anunymint raises some good points. I am guessing similar to Peter Rizun. It points out a potential attack vector on segwit coins.

Dr. Peter Rizun - SegWit Coins are not Bitcoins

The video is worth watching even if you believe Segwit posses no risk.

https://www.youtube.com/watch?v=VoFb3mcxluY

All I read is Trilemma.

yes.

if segwit is doomed like anunymint is praising, people would lose trust in bitcoin and blockchain as a whole. that's why there is no advantage in storing coins on legacy addresses.

[babanana]

Anunymint raises some good points. I am guessing similar to Peter Rizun. It points out a potential attack vector on segwit coins.

Dr. Peter Rizun - SegWit Coins are not Bitcoins

The video is worth watching even if you believe Segwit posses no risk.

https://www.youtube.com/watch?v=VoFb3mcxluY

All I read is Trilemma.

yes.

if segwit is doomed like anunymint is praising, people would lose trust in bitcoin and blockchain as a whole. that's why there is no advantage in storing coins on legacy addresses.

Ultimately these poor shills just want to see their BTrash appreciate in value and resorted to shilling. Well, good luck to them, they chose the wrong altcoin. They should have chosen Key coin, it

appreciated 300% today, instead of the trash BCash.

[TERA2]

These two charts are on completely different scales, they dont look anything alike, and the volume hits are totally out of whack. The 100 youre pointing to also was not real and only happened on a couple exchanges due to an error.

[LFC_Bitcoin]

27% of England’s Male Millennials Say Bitcoin Better Investment Than Property

Millennials Turning from Traditional Investments and Toward Crypto

let them  

I have two properties (nothing amazing, one house & 1 apartment) but I HODL more in bitcoin than their combined value ($ worth) so I guess I fall under that category.

[bones261]

Well, it appears that Peter Todd made a tweet that basically states Satoshi was fallible too, and now Craig Wright seems to be making some kind of veiled threat.
My wager is that Craig Wright doesn't really have the cajones.   HODL

[El duderino_]

[mindrust]

These two charts are on completely different scales, they dont look anything alike, and the volume hits are totally out of whack. The 100 youre pointing to also was not real and only happened on a couple exchanges due to an error.

I like to think positive.

[Ibian]

Anunymint raises some good points. I am guessing similar to Peter Rizun. It points out a potential attack vector on segwit coins.

Dr. Peter Rizun - SegWit Coins are not Bitcoins

The video is worth watching even if you believe Segwit posses no risk.

https://www.youtube.com/watch?v=VoFb3mcxluY

All I read is Trilemma.

yes.

if segwit is doomed like anunymint is praising, people would lose trust in bitcoin and blockchain as a whole. that's why there is no advantage in storing coins on legacy addresses.

Praising? Who says he is happy about it?

Something that might be interesting to consider is why some of you seem to be so invested in the idea of segwit being the ultimate good that you call anyone who question it, even on a technical security front, names. What's up with that?

[fluidjax]

Almost identical