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Question: Closing BTC Price June 17:
$0 - 4 (3%)
<$6,500 - 7 (5.3%)
$6,500-$6,750 - 1 (0.8%)
$6,751-$7,000 - 2 (1.5%)
$7,001-$7,250 - 3 (2.3%)
$7,251-$7,500 - 6 (4.5%)
$7,501-$7,750 - 4 (3%)
$7,751-$8,000 - 12 (9.1%)
$8,001-$8,250 - 13 (9.8%)
$8,251-$8,500 - 7 (5.3%)
$8,501-$8,750 - 6 (4.5%)
$8,751-$9,000 - 11 (8.3%)
$9,001,$9,250 - 13 (9.8%)
$9,251-$9,500 - 17 (12.9%)
>$9,500 - 17 (12.9%)
$20,000 - 9 (6.8%)
Total Voters: 132

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21229478 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. (66 posts by 16 users deleted.)
bones261
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My hat is in storage. https://ibb.co/YLkPgXb


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July 02, 2018, 10:48:47 PM



I've been thinking about that anunymint guys idea. Have we seen it play out before, on the etherium blockchain?

He reckons that miners at some point will mine segwit coins to themselves as a 'donation' because (AnyoneCanSpend) in the (original bitcoin) protocol allows it to happen. This will trigger a fork in which the core supported chain would roll back to reverse that theft by miners.


No, it won't roll back. Any block which includes any "steal" of Segwit "anyonecanspend" addresses would simply be rejected/orphaned by the nodes and miners supporting the consensus rules, that is what would automatically make the attackers be left in a new fork (no matter if they are 1% of hashrate or 99% at the moment of the attack).

Then, depending on how much hashrate they represent, would try to claim it is the legitimate chain and try to convince exchanges and other major players (currently running nodes with the consensus rules and with lots of money and credibility on stake) to switch to their chain by changing the software they are currently running to rollback and accept those invalid blocks or directly switch to the rogue chain.

P.S.: It should be noted that at the very moment those exchanges switch to the attackers fork they would be automatically bankrupt. So try to guess what is the probability of that to happen....

Well, that is how it is supposed to work. I tried to sift through the bitcoin core github  discussions, to see if this was ever tested on the testnet network and what the results were. Unfortunately, my navigation didn't yield anything; probably because I don't have a clue on where to look.  Cheesy I also am coming up short on finding out exactly what a miner has to do to claim a anyonecanspend UTXO. That would be helpful to know since I could then start learning exactly what in the Segwit consensus rules would cause the network to orphan a block containing tx where miners attempt to claim a segwit UTXO for themselves.
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Last of the V8s
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July 02, 2018, 10:55:16 PM
Merited by bitebits (1)



Your American youth is very extreme. Hope that doesn't come over here.
There is nothing worse than a warm gin and tonic.
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July 02, 2018, 11:00:31 PM

HairyMaclairy
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July 02, 2018, 11:13:57 PM

There is nothing worse than a warm gin and tonic.

I heard all the trains stopped running because it hit 25C over the weekend.
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We Vegeta !!!!


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July 02, 2018, 11:20:37 PM
Merited by bitcoinPsycho (1)




let us stay flying in this green zones BTC  Grin
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July 02, 2018, 11:24:53 PM

I heard all the trains stopped running because it hit 25C over the weekend.

The UK is a serious country filled with serious and capable institutions.

We acknowledge all of them only function within a 5-22 centigrade window but I'd like to see somewhere like Ecuador do better.
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July 02, 2018, 11:24:57 PM


This leaves Bitcoin as a significant winner from tokenisation for the payment of dividends and purchase of securities.  Even more so if we can get RSK happening and create security tokens as a Bitcoin side chain.


RSK

Fast payments as a side chain

Buy segwit
Buy lightning
Buy Bcash
Last of the V8s
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July 02, 2018, 11:25:10 PM

There is nothing worse than a warm gin and tonic.

I heard all the trains stopped running because it hit 25C over the weekend.

I heard all the koalas were riddled with chlamydia.
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July 02, 2018, 11:25:18 PM

Common belgium time to make Some sushi still 0-0 .....

Sorry Micgoosens but the japs seem to be too good today trailing 0:2  Sad


So happy I’m italian and don’t have to care about the World Cup
 Lips sealed

pffff against brazil after a good match i can live with .... but against japan please not
2-2@ the time common !!!!!

3-2 last goal was a perfect beauty i runned down my house like a crazy fucker that i am!!!!! so happy

Awesome match, well done for your lot.

Immediately Fellaini came on it changed everything.   I reckon you can take Brazil.  See you in the final, eh? Wink
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July 02, 2018, 11:26:06 PM

I heard all the trains stopped running because it hit 25C over the weekend.

The UK is a serious country filled with serious and capable institutions.

We acknowledge all of them only function within a 5-22 centigrade window but I'd like to see somewhere like Ecuador do better.
Well, if it was filled with brits... See also the history of Haiti. And its current situation.
Last of the V8s
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July 02, 2018, 11:29:22 PM


This leaves Bitcoin as a significant winner from tokenisation for the payment of dividends and purchase of securities.  Even more so if we can get RSK happening and create security tokens as a Bitcoin side chain.


RSK

Fast payments as a side chain

Buy segwit
Buy lightning
Buy Bcash

RSK afaik still mired in problems

Liquid is all the rage though https://blockstream.com/2018/07/02/liquid-issued-assets.html

( AXA have not paid me for this post, but somehow my golf club membership gets renewed every year. )
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July 02, 2018, 11:35:00 PM

I heard all the trains stopped running because it hit 25C over the weekend.

The UK is a serious country filled with serious and capable institutions.


We acknowledge all of them only function within a 5-22 centigrade window but I'd like to see somewhere like Ecuador do better.

I had a dream like that once.  Sometimes I wish I hadn't woken up.

That said, we do know how to put a bit of a tennis competition on.  And how to serve a G&T.  We also invented football.  We look like we even might even be starting to remember how to play it. 

So, mustn't grumble, eh.

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How much alt coin diversification is needed? 0%?


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July 02, 2018, 11:39:49 PM

SECURITY is an IMPORTANT topic.
we will see much more segwit fud.

Pick one.

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July 02, 2018, 11:44:09 PM

Optimistic Google Trends on 'Bitcoin' search. Pay attention to the similar trends on the same date (June-July), I marked it with red arrows.

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July 02, 2018, 11:56:56 PM

OK GIVE ME SOME MERIT  Wink

Breakout yesterday from

Hourly

https://i.imgur.com/WOmpeFa.png

Breakthough previous hourly measured waves.  Starting new short term or long term trend?

Daily
https://i.imgur.com/BoozCz1.png

Going to P6 then P7?

Analysis here

http://blockchainshowdown.blogspot.com/2018/07/btc-usd-3rd-july-2018.html
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July 03, 2018, 12:00:08 AM
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There is nothing worse than a warm gin and tonic.

I heard all the trains stopped running because it hit 25C over the weekend.

I heard all the koalas were riddled with chlamydia.


Well let that be a warning to you sir. 
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July 03, 2018, 12:01:40 AM

I see a new daily bar above prior resistance or the April low however you see it.  Probably helps some, bullish.   Would a smart trader here presume volatility or doubt and set a buy to 6523 for a move to confirmation before much further rise, I will check in views of various traders on this move

Triple bottom on Platinum, must be a sign.

Do I understand you correctly that it will have the same ‘performance’ as Gold the last 5 years  Roll Eyes


Do I think that ?   no, I'm just observing and a very general opinion is all the precious metals will react to unstable global currency.  That does appear to a reasonable long term forecast, instability could also mean really poor finance ability for mines many of which fall short on funding even large billion dollar operations I see stumble.  

Platinum when I say industrial to me that means it'll be very hard to predict, its tied into Car production and demand.  To some extent its also about technology, the petrol vs diesel vs electric fight going on.  It can also be held as a monetary asset but no I wouldnt place it next to gold.  The ratio between gold vs silver is often analysed as an indicator, then also Gold vs platnium means something too.  Gold vs oil is a massive one as the majority of mining operations are energy intensive and oil is related to global growth.   Heres a good website on this kind of interpretation: http://pricedingold.com/
also stockcharts.com will allow graphing of ratios.  Dow priced in gold etc.  Some say it'll go 1:1  


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July 03, 2018, 12:03:10 AM
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https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2018-July/016189.html

Here are the Bitcoin alert keys for your pranking consideration.
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July 03, 2018, 12:03:51 AM

Can you still eat them?
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How much alt coin diversification is needed? 0%?


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July 03, 2018, 12:04:09 AM



New poll suggested by nanobtc.

age poll ?? whats the reason?

Hahahahahaha



In order to improve our ability to engage in ad hominem attacks, rather than talking about actual substance.  Don't you know nuttin?   Cheesy Cheesy
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