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

[jbreher]

I can’t be bothered arguing with Jbear about bcash lol.  It’s much too nice a day for that.  

Well, something to agree upon.

https://imgur.com/gallery/LK3cT7z

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[cAPSLOCK]

If he has claimed that BCH is BTC, then that is news to me. Proof?

Are you being honest?  Roger has been claiming BCH is (the real) Bitcoin for about a year now.

https://twitter.com/rogerkver/status/987700520809783296?lang=en

That is not what I wrote. Claiming that BCH is bitcoin is not the same as claiming BCH is BTC.

BTC is currently Bitcoin, aye. As it is the chain built atop the Satoshi genesis block that has the most accumulated SHA256 proof of work.

It may not always be such.

As an aside, anyone that mistakes BCH for BTC had obviously not even started to do the necessary due diligence for trading in this market. I have no sympathy for anyone incurring losses on this basis.

This seems very dishonest to me.

Roger has tried to trick others into buying Bcash when saying it's bitcoin. He also has spent money to do spam attacks on bitcoin.

If he has claimed that BCH is BTC, then that is news to me. Proof?

-Roger claims BCH is bitcoin.  
-The person you quotes says Roger claims Bcash is Bitcoin.

Both of those statements are true.  The only difference is what you call Bitcoin Cash.

You changed it to Roger claiming BCH is BTC, which is sort of silly.  Obviously BCH!=BTC.  Two different things.  But Roger believes BCH/Bcash/Bitcoin Cash is Bitcoin.

Your rebuttal is sidestepping, and changing the argument.  And changing it in a stupid way.

[bones261]

If he has claimed that BCH is BTC, then that is news to me. Proof?

Are you being honest?  Roger has been claiming BCH is (the real) Bitcoin for about a year now.

https://twitter.com/rogerkver/status/987700520809783296?lang=en

That is not what I wrote. Claiming that BCH is bitcoin is not the same as claiming BCH is BTC.

BTC is currently Bitcoin, aye. As it is the chain built atop the Satoshi genesis block that has the most accumulated SHA256 proof of work.

It may not always be such.

As an aside, anyone that mistakes BCH for BTC had obviously not even started to do the necessary due diligence for trading in this market. I have no sympathy for anyone incurring losses on this basis.

Well, if Jihan and friends have their way, BCH will never have the most accumulated SHA256 work. They are hinting around that they want to decrease the block times to 1 minute and perhaps implement POS.
https://www.reddit.com/r/btc/comments/99lj14/jihan_wu_pos_is_important_pow_is_flawed_rbitcoin/
If BCH goes POS, it will never be bitcoin, sorry. Better hope that Jihan's ass gets kicked in come November.

[HairyMaclairy]

I copped some slight heat for calling a local bottom yesterday.  But I think the thesis still stands with a local target of $7200 - $7300.  Then pucker.  

Update - still calling for a local target of $7200, to be followed by a burning sensation.

Don't ask me, I just work here.  Target $7200.

Target still $7200 then revisit $5700.

I find this is really interesting.  I am getting a divergence on my model.  Target was $5700 but we bounced at $6100.  So why did that happen?  Is it traders trading in anticipation of the bounce?  Is there something deeper going on here?  Or is this a quick swing on the way down to $5700?  I don't know.  Historically speaking, September should be a bloody month followed by an October rally.  But it should be too early for an October rally.  So my model still calls for $5700 but the price is currently going in the other direction.  I have gotten stopped out on Eth shorts now so am stopping all trading until I figure out what is going on. 

[Wekkel]

Yup. Something's off  

[HairyMaclairy]

Overview shots.  All of the lines currently intersect around 12 November.   I would expect a small break upwards sometime in the interim to delay intersection into December.  

[holzer]

Claiming that BCH is bitcoin is not the same as claiming BCH is BTC.

Wat?

[d_eddie]

Well, if Jihan and friends have their way, BCH will never have the most accumulated SHA256 work. They are hinting around that they want to decrease the block times to 1 minute and perhaps implement POS.

He's got plenty of hashpower on hand. It's only natural he'd be better off allocating as large a fraction as possible to the more valuable coin. Also, POS can be a very good thing. For those that hold the absolute majority of tokens, at least.

[cAPSLOCK]

Claiming that BCH is bitcoin is not the same as claiming BCH is BTC.

Wat?

That is the childish semantic argument to defend Roger as not having ever said BCash is Bitcoin.

[doc12]

Claiming that BCH is bitcoin is not the same as claiming BCH is BTC.

Wat?

That is the childish semantic argument to defend Roger as not having ever said BCash is Bitcoin.

Man these Bcashers are really full of shit. Every single one.

[bitcoinPsycho]

could not resist



Satoshi?

[cAPSLOCK]

could not resist



Satoshi?

No.

Craig Wright is Satoshi.  You know it.

[xhomerx10]

I can’t be bothered arguing with Jbear about bcash lol.  It’s much too nice a day for that.  

Well, something to agree upon.

https://imgur.com/gallery/LK3cT7z

 That is a beautiful view.  Is it all yours or were you just visiting?

[bones261]

Well, if Jihan and friends have their way, BCH will never have the most accumulated SHA256 work. They are hinting around that they want to decrease the block times to 1 minute and perhaps implement POS.

He's got plenty of hashpower on hand. It's only natural he'd be better off allocating as large a fraction as possible to the more valuable coin. Also, POS can be a very good thing. For those that hold the absolute majority of tokens, at least.

Of course POS would be a good thing for Jihan and his ~1,000,0000 BCH.   However, POS on a limited supply coin is always less secure than a POW coin. All an entity needs to do is accumulate 51% of the coins and be in a permanent attack position. No amount of competition will ever be able to unseat them.

[kingcolex]

could not resist



Satoshi?

No.

Craig Wright is Satoshi.  You know it.

Well thats what the mass of them truly belief. It's a  Triumvirate, they see Craig as Satoshi, then you have him even threatening hash power (via Jihan) and then we have Roger who announces development projects and main admin staff being banned when he's "just a follower"

[BobLawblaw]

(They are saying this is a BS misinterpretation on Twitter, but posted for the banter... Not sure what to make of asseater)

https://twitter.com/RNR_0/status/1040704249343164416

[Elwar]

I can’t be bothered arguing with Jbear about bcash lol.  It’s much too nice a day for that.  

Well, something to agree upon.

https://imgur.com/gallery/LK3cT7z

Umm...you're on the WO thread reading posts by bears in a forest filled with bears...

You're just asking to be attacked by bears. Everywhere.

[Yaplatu]

(They are saying this is a BS misinterpretation on Twitter, but posted for the banter... Not sure what to make of asseater)

https://twitter.com/RNR_0/status/1040704249343164416

Volume : 5 BTC . No ?

[eddie13]

I sold my bitchcoin too soon and had that crap feel as I saw it pumped up after I had let mine go.. But now, it doesn't feel like I sold them too soon anymore..

I was never a bcash lover but I'll admit for a while there I was a bit nervous about it, having dumped all of it I could reasonable get to on my keys.. If it took over I would have been screwed but now I'm not worried about it anymore. They tried their best to harm and replace Bitcoin and now it is clear that they have failed..

I got the first post on this (infamous?) "@RogerVer lets make a deal. At least 60k, my BTU for your BTC." thread and at first it looked like he was going to take the deal, and my call was wrong, but he never did take the deal, and my call was eventuall right!!
Ha!

Does anyone know if Ver ended up losing a bunch of money on his beecoin blitz or did he pump and dump enough to make it have been worth his while?

I still have a cas half with .5 Bcoin on it and a lot of other forks still on old seeds I have cycled out of service, that I need to eventually get to and dump..
Ledger needs an update so I might as well get my BTC off of it first and then start it up with a new seed, so I can compromise the old seed trying to claim forks..

Edit: maybe their is some question as to who backed out but when it was still going down I think I recall Ver backing out first atleast..

[HairyMaclairy]

LTC ATH was 0.05 BTC in November 2013.

It is now 0.008 and has never recovered.  

Most shitcoins will never recover from the 2018 crash.  I don’t think we can call BCH dead yet, but it’s not looking particularly healthy.