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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25436254 times)
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nikauforest
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November 25, 2018, 09:12:35 AM

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November 25, 2018, 09:13:47 AM

The most interesting thing is that currently Bcash (ABC) has almost reached mining profit equilibrium with Bitcoin.

The way i see it they trust Calvin not going to attack BAB chain so they are moving their hash to the more profitable chain which is Bitcoin.

Question is, why don't BSV do the same?

Some major shit might happen soon considering both sides are back stabbing conmen.
wayna
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November 25, 2018, 09:14:12 AM

We are already  in that moment but I am prepared to another dump rather than a pump.
bitserve
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November 25, 2018, 09:20:05 AM

The most interesting thing is that currently Bcash (ABC) has almost reached mining profit equilibrium with Bitcoin.

The way i see it they trust Calvin not going to attack BAB chain so they are moving their hash to the more profitable chain which is Bitcoin.

Question is, why don't BSV do the same?

Some major shit might happen soon considering both sides are back stabbing conmen.

Yes, they (ABC) have reduced hashrate to reach profitability equilibrium with BTC (which probably isn't profitable anyways at current price). With the checkpoints and the possibility of redirecting more hashrate in case of need I don't think they worry so much about an attack.

If BSV does the same (as it was logical) that would go against everything they have been saying about the long term commitment of their full hashrate, being determined to keep mining at a loss for a full decade, etc.... It's not that they are man's of word at all, and I am sure they will sooner than later do it.... but they are probably thinking about a good excuse that they can "sell".
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November 25, 2018, 09:24:52 AM


If BSV does the same (as it was logical) that would go against everything they have been saying about the long term commitment of their full hashrate, being determined to keep mining at a loss for a full decade, etc.... It's not that they are man's of word at all, and I am sure they will sooner than later do it.... but they are probably thinking about a good excuse that they can "sell".

They (BSV) already backpedalled a couple times. They said no split, now they are offering terms to get a clean split.

I wouldn't surprise If they abandon the project all together and disappear. Nobody gives a shit about what they say anyway. I mean nobody should give a shit about bcash in the first pleace but Vermin has .com domain and various other major propaganda points like @bitcoin so he can continue his scam for a long time.

What does Prof Fucktard have? Nothing.
PoolMinor
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November 25, 2018, 09:26:12 AM

The most interesting thing is that currently Bcash (ABC) has almost reached mining profit equilibrium with Bitcoin.

The way i see it they trust Calvin not going to attack BAB chain so they are moving their hash to the more profitable chain which is Bitcoin.

Question is, why don't BSV do the same?

Some major shit might happen soon considering both sides are back stabbing conmen.

Yes, they (ABC) have reduced hashrate to reach profitability equilibrium with BTC (which probably isn't profitable anyways at current price). With the checkpoints and the possibility of redirecting more hashrate in case of need I don't think they worry so much about an attack.

If BSV does the same (as it was logical) that would go against everything they have been saying about the long term commitment of their full hashrate, being determined to keep mining at a loss for a full decade, etc.... It's not that they are man's of word at all, and I am sure they will sooner than later do it.... but they are probably thinking about a good excuse that they can "sell".

BSV is not mining for profit but for security. So no, I doubt they would switch to BTC.
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November 25, 2018, 09:30:45 AM

What bothers me is we are getting well ahead of schedule.   We shouldn't be into $3k before January.  

We are doing it ahead of schedule because it had to be done before Bakkt and ETF are operational. Nobody on WS opens up a brand new venue during the shitstorm.

Notice how neatly GBTC started trading just as the bear was on the last legs in 2015 and just as it started, there was the last good pulldown before the train left the station for a 2015-2017 run up.

I hope you are correct

Hope is for church... Here i.r.l. we do facts...  Grin
becoin
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November 25, 2018, 09:30:52 AM
Merited by BobLawblaw (1)

In the coming week I'll be reallocating capital from other projects I have to put it in bitcoins. Current price level is a lifetime opportunity that should not be missed!
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November 25, 2018, 09:31:53 AM

The most interesting thing is that currently Bcash (ABC) has almost reached mining profit equilibrium with Bitcoin.

The way i see it they trust Calvin not going to attack BAB chain so they are moving their hash to the more profitable chain which is Bitcoin.

Question is, why don't BSV do the same?

Some major shit might happen soon considering both sides are back stabbing conmen.

Yes, they (ABC) have reduced hashrate to reach profitability equilibrium with BTC (which probably isn't profitable anyways at current price). With the checkpoints and the possibility of redirecting more hashrate in case of need I don't think they worry so much about an attack.

If BSV does the same (as it was logical) that would go against everything they have been saying about the long term commitment of their full hashrate, being determined to keep mining at a loss for a full decade, etc.... It's not that they are man's of word at all, and I am sure they will sooner than later do it.... but they are probably thinking about a good excuse that they can "sell".

BSV is not mining for profit but for security. So no, I doubt they would switch to BTC.

Theoretically speaking : I wonder what kind of impact low hashrate would have on those large blocks of them (128 mb ?)  
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November 25, 2018, 09:32:04 AM


If BSV does the same (as it was logical) that would go against everything they have been saying about the long term commitment of their full hashrate, being determined to keep mining at a loss for a full decade, etc.... It's not that they are man's of word at all, and I am sure they will sooner than later do it.... but they are probably thinking about a good excuse that they can "sell".

They (BSV) already backpedalled a couple times. They said no split, now they are offering terms to get a clean split.

I wouldn't surprise If they abandon the project all together and disappear. Nobody gives a shit about what they say anyway. I mean nobody should give a shit about bcash in the first pleace but Vermin has .com domain and various other major propaganda points like @bitcoin so he can continue his scam for a long time.

What does Prof Fucktard have? Nothing.

CSW has a real billionaire (calvinayre), so a deep a pocket behind. And as the cons they are I would be surprised if they didn't short the market before their shitshow. So, deeper pockets now.
mindrust
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November 25, 2018, 09:33:05 AM


If BSV does the same (as it was logical) that would go against everything they have been saying about the long term commitment of their full hashrate, being determined to keep mining at a loss for a full decade, etc.... It's not that they are man's of word at all, and I am sure they will sooner than later do it.... but they are probably thinking about a good excuse that they can "sell".

They (BSV) already backpedalled a couple times. They said no split, now they are offering terms to get a clean split.

I wouldn't surprise If they abandon the project all together and disappear. Nobody gives a shit about what they say anyway. I mean nobody should give a shit about bcash in the first pleace but Vermin has .com domain and various other major propaganda points like @bitcoin so he can continue his scam for a long time.

What does Prof Fucktard have? Nothing.

CSW has a real billionaire (calvinayre), so a deep a pocket behind. And as the cons they are I would be surprised if they didn't short the market before their shitshow. So, deeper pockets now.

I don't deny it and very well aware of it but I don't think Calvin is serious to take that bet.

Even if he was serious, it'll take years to build a story behind SV chain. They need to build their own business allies (like bitmain), news channels, paid shills... they need a massive network to do what? Compete against BAB. Don't think so.
bitserve
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November 25, 2018, 09:34:17 AM

The most interesting thing is that currently Bcash (ABC) has almost reached mining profit equilibrium with Bitcoin.

The way i see it they trust Calvin not going to attack BAB chain so they are moving their hash to the more profitable chain which is Bitcoin.

Question is, why don't BSV do the same?

Some major shit might happen soon considering both sides are back stabbing conmen.

Yes, they (ABC) have reduced hashrate to reach profitability equilibrium with BTC (which probably isn't profitable anyways at current price). With the checkpoints and the possibility of redirecting more hashrate in case of need I don't think they worry so much about an attack.

If BSV does the same (as it was logical) that would go against everything they have been saying about the long term commitment of their full hashrate, being determined to keep mining at a loss for a full decade, etc.... It's not that they are man's of word at all, and I am sure they will sooner than later do it.... but they are probably thinking about a good excuse that they can "sell".

BSV is not mining for profit but for security. So no, I doubt they would switch to BTC.

It is obvious they are not mining for profit but... security? what do you mean? No one is going to attack that shit even if they reduced their hashrate to the equilibrium point.

If Ver/WU wanted to attack it, they could do it right now with just a small part of their hashrate.
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November 25, 2018, 09:34:58 AM
Last edit: November 29, 2018, 07:27:30 AM by alevlaslo
Merited by Karartma1 (1)

the price became too early 3600, now there will be a strong correction upward









somac.
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November 25, 2018, 09:35:24 AM

What bothers me is we are getting well ahead of schedule.   We shouldn't be into $3k before January.  

We are doing it ahead of schedule because it had to be done before Bakkt and ETF are operational. Nobody on WS opens up a brand new venue during the shitstorm.

Notice how neatly GBTC started trading just as the bear was on the last legs in 2015 and just as it started, there was the last good pulldown before the train left the station for a 2015-2017 run up.

I hope you are correct

Hope is for church... Here i.r.l. we do facts...  Grin

and how are the current facts treating you?
Karartma1
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November 25, 2018, 09:35:59 AM

Please all imagine those giant green candles that are ready to pop up when "institutionals" will get officially on board. Everything happens for a reason and I think this got well planned all along. The parabolic rise in 2017 was unreal as this 2018 drop.
Expect fireworks when Etfs and bakkt shit will take off.
That's how I see it.
Bitcoin is an asset for the institutionals. They can't control the instrument (they don't even get it) but sure as hell they can control the price.

Am I being dumb here?
criptix
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November 25, 2018, 09:36:32 AM

The most interesting thing is that currently Bcash (ABC) has almost reached mining profit equilibrium with Bitcoin.

The way i see it they trust Calvin not going to attack BAB chain so they are moving their hash to the more profitable chain which is Bitcoin.

Question is, why don't BSV do the same?

Some major shit might happen soon considering both sides are back stabbing conmen.

Yes, they (ABC) have reduced hashrate to reach profitability equilibrium with BTC (which probably isn't profitable anyways at current price). With the checkpoints and the possibility of redirecting more hashrate in case of need I don't think they worry so much about an attack.

If BSV does the same (as it was logical) that would go against everything they have been saying about the long term commitment of their full hashrate, being determined to keep mining at a loss for a full decade, etc.... It's not that they are man's of word at all, and I am sure they will sooner than later do it.... but they are probably thinking about a good excuse that they can "sell".

BSV is not mining for profit but for security. So no, I doubt they would switch to BTC.

Theoretically speaking : I wonder what kind of impact low hashrate would have on those large blocks of them (128 mb ?)  


There should be no effect because of difficulty adjustment (except in the case majority of hash disappears long before diff adjustment)


Btw I dont think hashwar is the reason for the dump.

Also think we gonna bounce to at least 4 k from here.
somac.
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November 25, 2018, 09:36:47 AM





That first bounce is a bit optimistic don't you think?
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November 25, 2018, 09:38:53 AM

Looks like Bitcoin is getting ready to take a dive below $3600 on Bitstamp
Currently $3636
PoolMinor
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November 25, 2018, 09:39:12 AM

The most interesting thing is that currently Bcash (ABC) has almost reached mining profit equilibrium with Bitcoin.

The way i see it they trust Calvin not going to attack BAB chain so they are moving their hash to the more profitable chain which is Bitcoin.

Question is, why don't BSV do the same?

Some major shit might happen soon considering both sides are back stabbing conmen.

Yes, they (ABC) have reduced hashrate to reach profitability equilibrium with BTC (which probably isn't profitable anyways at current price). With the checkpoints and the possibility of redirecting more hashrate in case of need I don't think they worry so much about an attack.

If BSV does the same (as it was logical) that would go against everything they have been saying about the long term commitment of their full hashrate, being determined to keep mining at a loss for a full decade, etc.... It's not that they are man's of word at all, and I am sure they will sooner than later do it.... but they are probably thinking about a good excuse that they can "sell".

BSV is not mining for profit but for security. So no, I doubt they would switch to BTC.

It is obvious they are not mining for profit but... security? what do you mean? No one is going to attack that shit even if they reduced their hashrate to the equilibrium point.

If Ver/WU wanted to attack it, they could do it right now with just a small part of their hashrate.

Keep drinking the kool-aid.
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November 25, 2018, 09:39:54 AM

Please all imagine those giant green candles that are ready to pop up when "institutionals" will get officially on board. Everything happens for a reason and I think this got well planned all along. The parabolic rise in 2017 was unreal as this 2018 drop.
Expect fireworks when Etfs and bakkt shit will take off.
That's how I see it.
Bitcoin is an asset for the institutionals. They can't control the instrument (they don't even get it) but sure as hell they can control the price.

Am I being dumb here?

Imagine you were one of those institutional guys (which already are unofficially in BTC). WOuld you trust your funds into an instrument that can tank because for example two morons decided to do a hard fork some time? Or that the price can tank just because a kiddo was playing with the security of some exchange and managed to hack it? just two of the numerous "childhood diseases" of btc.
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