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

[El duderino_]

Rosewater is evidently having trouble with his site.

That was an enlightening revelation wasn't it?

It does make a load of sense. They are both really nice, genuine, companionable guys.
Both are hopeless with money management.
And both are technological wizards.
Now let's see if this post posts once, twice or not at all.


PS that steak is thicc

you have a very VERY VERY good eye for food V8 cause indeed it isn't filet pur but just a STEAK  .  (they didn't had any filet pur  )

but what i did got was good enough IN A BEAR MARKET................

[JayJuanGee]

Let's just say hypothetically that the BCH fork(s) takes place on November 15 ... then wouldn't bitcoin actually experience upwards price pressures, rather than downwards based on a kind of resolution of some of the uncertainty

I take your point.

In this case I don’t believe there is any uncertainty to play out.   The fork will occur and there will be a hash war between two (or more) forks that few care about.  

BTC might go up due to buying pressure of speculators selling their BCH and buying BTC.  But more likely the entire market will go down a notch when BCH dumps.

Looking at the current uncertain market, If I had a bch bag I would trade it all im for tether and wait until BTC has stabilised more. And then buy Bitcoin.

Didn't you two come out and pack it in last night? Somebody needs to read back the minutes of that meeting...

Not only is bitcoin a 24/7 dynamism, the issues (and even differing perspectives) are never quite resolved, even when, temporarily, they might seem so.

[fluidjax]

I thought I'd spread a little of the opinions and information I've gathered over the last few days about the BCH split.

CSW doesn't want a fork, he currently controls over 51% of the hash on BCH, and if unchanged this would allow him to prevent a fork and not allow any of his opponent's blocks to form a chain.
CSW claims they have enough resources to do this for 2 years, and will do this no matter what the price on exchanges. This is really scaring the shit out of Roger and Jihan.

On the other hand Jihan controls/influences a shit ton of hash on BTC, which he can switch over to BCH if he wants to fight. If this is the case the war could go on for a long time, depleting both of their funds (through unrecouped electricity costs, because no doubt mining will be very unprofitable, more so, if the price crashes).

CSW has laid his cards on the table, and it's pretty clear he intends to fight, but Roger & Jihan have been hostile in response, but I'm not aware of what their strategy will be.

The war may also involve code based attacks on each software implementation, devs may not have hash power but they are inventive enough to exploit weaknesses in each others code.

As a BTC maximalist I want the war to go on for a long time resulting in less cash reserves for both money both Jiahn and CSW. Although the risk to BTC is well over the horizon at the moment, it is no doubt the destruction of BTC that is in both their long games, and whoever wins this hash war will be embolden to collect financial partners/investors (state sponsored?) and eventually turn on BTC.

Profit? At this pumped up fork price, I think the only direction for the price is downwards.
Unless one of them capitulates which I don't think is very likely, their will be many large  re-orgs and a major loss in confidence by BCH's holders and users,  exchanges won't allow trading until things settle down, but how long could that be?


Interesting Sources:
Vin Armani http://didyouknowcrypto.com/hash-wars/ - this guy still wrongly believes hash power is king, but it's an interesting listen.
CSW with Tone Vays https://www.youtube.com/watch?v=ACEUOCoVvmw
Roger https://www.youtube.com/watch?v=rFU1o-0oU7A

[El duderino_]

those look just fine

Not disagreeing with you, in the most recent photo, and I feel like a bit of an ass for being such a catty bitch.

Went back a couple dozen pages or so and looks like mic has deleted the prior image that I recall had a particularly egregious application of temporary nails.

I would not have let Rick leave the house in that condition.

I'm such a dick.

mic, I love you, man. No homo.

Promise.

haha no worries ,

a man or who ever can always say what he thinks NP

but i think (personal thought) this are perfectly done nails ...... the post when she holds the "by me made TA paper" that where little bit less of nice nails, bad color there.......

but never mind when your in belgium BOB and rick...... do reach out      enough food and booze in belgium to serve all of us


edit:  i told my girl.... she says ?? they look very classy!     (actualy i agree with her )


getting old i guess cause going home already on saturday ..... going to watch some series while being drunk LOL

btw when is the BTC boredom gonna end !!!!

just give a big before 31dec PUMP so BOB has to sell less BTC's

don't let him crash the market         (hope the personal reasons are about FUN ) "always don't mind me to much with alcohol in my system"

[Last of the V8s]

https://www.initiativey.com/
Initiative Y is like a self-fulfilling prophecy. As millions join us, everything will just starts working. Watch, you’ll see! Infrastructure will rise. The institutions we need will form. But to build a movement, you need people to move. Well, you’re already here, aren’t you? Go move other people!

    “Initiative Y is what Bitcoin should have been. Honestly, I feel pretty stupid now.”

— Satoshi Nakamoto, Fintech Entrepreneur

[Searing]

https://www.initiativey.com/
Initiative Y is like a self-fulfilling prophecy. As millions join us, everything will just starts working. Watch, you’ll see! Infrastructure will rise. The institutions we need will form. But to build a movement, you need people to move. Well, you’re already here, aren’t you? Go move other people!

    “Initiative Y is what Bitcoin should have been. Honestly, I feel pretty stupid now.”

— Satoshi Nakamoto, Fintech Entrepreneur

Confused...so it is NOT as 'scam' but they KNOW who Satoshi is

yeah.....Amway is a pyramid scheme in the USA that is still legal...you don't have to be illegal to pull off something similar where all is tilted to the makers of such.....favor...

brad

[El duderino_]

lotta mic's pictures go missing

Gonna keep them but there on Imgur and when i delete they go missing..... first didn’t knew that.... but when i let them, there are just so many....? (Can i delete there ? And keep them on the forum? )

[HairyMaclairy]

Disclaimer:   I don’t want to give the impression that I care about bcash because I really don’t.  

That said, I don’t see how Craig can win.  Jihan controls more hashpower.  That means Jihan can 51% attack SV at any time. For Craig to 51% attack ABC, he would have to remove almost all his hashing power from SV, leaving SV undefended.  That just doesn’t seem sustainable.  Maybe I am missing something. 

[Last of the V8s]

^^^ it's a pastiche of a real and big pyramid scheme going on on the face book called initiative Q
^^ have to keep them on imgur or wherever
^ afaiu Craig claims in the video with Tone and elsewhere to have more hash than Jihan? didn't really watch/also don't care

[El duderino_]

@BOB
Curious what my GF is gonna do with her Nails next time after Reading that post

Always remember she’s a Hodler as well and big time BTC fanatic, that always counts for much isn’t it .

(Got a few coiner friend where the GF’s don’t wanna haar anything of BTC thats worse i guess? )

[JayJuanGee]

Tone Vays and CSW

https://youtu.be/ACEUOCoVvmw

I did watch the video (it's about 1 hour long in which Tone Vays interviews Craig Wright).  Sure, it is a bit irksome to listen to CSW, at all.

When I decided to watch the video, I considered that Vays is a sufficiently focused person and that he would attempt to research into matters and to ask probing questions of Wright.  Surely, Vays did a sufficient job to allow Wright to make his various points and also to show some of the nonsense and evasiveness of Wright's points, without getting too distracted by confrontation.  

[fluidjax]

Disclaimer:   I don’t want to give the impression that I care about bcash because I really don’t.  

That said, I don’t see how Craig can win.  Jihan controls more hashpower.  That means Jihan can 51% attack SV at any time. For Craig to 51% attack ABC, he would have to remove almost all his hashing power from SV, leaving SV undefended.  That just doesn’t seem sustainable.  Maybe I am missing something. 

I think you are right Jihan has way more hash available,but I think Craig has no intention of splitting the chain, if it splits and he can’t re-org away the incompatible blocks he is going to ignore his side of the chain and continue attacking the ABC side even if he destroys all confidence, he wants to kill ABC at all costs.

[goldkingcoiner]

via Imgflip Meme Generator

If that doesn’t look like a real original BELGIUM hodlers meal ??
*appretif
*rose
*rose
*red wine
*red wine
*italian coffee

And Maybe cocktailbar..... F***ing saturday after all or am i wrong??

Already bit drunk gonna fight myself of shitposting......................

But gotta mix myself with the nocoiners as well now and Then

Btw whats the price doing didn’t watch while posting ..... gonna look right away

Cheers fellow hodlers of the BIG W.O.

That looks delish. And now I am hungry. Its 1 am so l have to sleep hungry like a peasant. Or worse. A nocoiner. Good night.

[d_eddie]

Excellent summary, fluidjax. The BCH fork is the most important issue at the moment, and your post provides useful perspective. Merited.

I thought I'd spread a little of the opinions and information I've gathered over the last few days about the BCH split.

CSW doesn't want a fork, he currently controls over 51% of the hash on BCH,

(snip)

As a BTC maximalist I want the war to go on for a long time resulting in less cash reserves for both money both Jiahn and CSW. Although the risk to BTC is well over the horizon at the moment, it is no doubt the destruction of BTC that is in both their long games, and whoever wins this hash war will be embolden to collect financial partners/investors (state sponsored?) and eventually turn on BTC.

Indeed. But old school hodlers might still save the day. Or a frictionless lighting network. Or hordes of full nodes running on lightweight machines with lightweight connections. I am hopeful.

Profit? At this pumped up fork price, I think the only direction for the price is downwards.
Unless one of them capitulates which I don't think is very likely, their will be many large  re-orgs and a major loss in confidence by BCH's holders and users,  exchanges won't allow trading until things settle down, but how long could that be?

I hope exchanges keep bch on their books at least until I close my short with a yuuuge profit 

[Syke]

On my end, I'm still looking to dump another $1M USD worth of BTC before December 31st, and praying we see a nice bounce above $10k before then.

Not holding out much hope though. Might just have to dump $1M at whatever price for... reasons.

[El duderino_]

^
yeah it can be a TRAP but personal reasons = personal reasons
and if there's a LOCKED end date then thats it 

everybody got there own shit to deal with thats just a fact so lets hope for A BIG AS F*** PUMP for bob....

gonna call it a very early saturday night to turn myself into my HODLcave.....   (almost back sobered up and all....)

[El duderino_]

via Imgflip Meme Generator

[El duderino_]

my HODLcave

sleep tight. hodl tight

via Imgflip Meme Generator


Meanwhile @that HODLcave 

[jojo69]

[Rosewater Foundation]

*jojo tries to commit suicide by smoking a joint...He thinks about four puffs should do it