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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 21229034 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.)
kingcolex
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May 22, 2019, 10:35:59 AM

You guys think we will ever see BCash @$4k again within any bullrun? I feel like I lost a fortune by not selling @4k and kept that scam hodling.

You will not find anyone here who thinks that BCH will ever be $4k again

False statement is false.

XD
Well have you been to the Altcoins section? Everyone and their mother thinks Shitcoin X is going to upser Bitcoin and be worth 1mil.

Yes, but Shitcoin X can't trace back to the Satoshi Genesis block, and Shitcoin X's protocol does not have more in common with the original Bitcoin protocol than does that of BTC.

Quote
Like our little reality tv show move of trying to copy write Bitcoin and the Genesis paper. The fucker can't prove he's Satoshi and hell has essentially disproved it, but knows how to rile up new comers to crypto during runs doesn't he?

::le sigh:: ...aaaand we're back to 'Aussie man bad!'

And we still have not discussed the fact that Majormax was flamingly wrong in his/her blanket statement.
PLENTY of shitcoins are forks of Bitcoin that doesn't mean anything, fuck I could fork Bitcoin and put a 1 minute block with 1tb max blocks and feel like goofey everything chainer's would be drooling at it. Doesn't mean it's good because it's a fork, it doesn't have any legitimacy.

You're also going to get Aussie man bad when Aussie man is the only reason the coin is still even discussed or betted on. I used the damn thing when I dumped it, it was a terribly slow shit coin, I had to even as you what the fuck was going on, I had 20 minute blocks constantly it took me hours to get 4 lowly confirmations.

The blocks are tiny because no one's using the damn thing any shitcoin can achieve that. Fuck the last block was 56kb most are running in that and some are single digits kb.
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LFC_Bitcoin
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May 22, 2019, 10:36:17 AM

^
WoW  Shocked  Shocked  Shocked

What an honour to have that Nr attached to me  Grin

Incredible achievement really mic, especially considering you only got airdropped 200 Merit or was it 100?
Older accounts like myself got airdropped 1000 Merit so that means you’ve earned over 1800 yourself.

Congrats mate, you deserve it.

You beat me to 2000 Merit & I had an 800+ head start Cheesy Cheesy

THX once again you have had a big % in those merits Cheesy

Not that many man, 80 or 90 over 18 months. You’ve earnt a fuck load, it’s cool.
Last of the V8s
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May 22, 2019, 10:43:35 AM

Is there any website that tracks bitcoin ATH in various currencies?
https://www.coingecko.com/en?view=all_time_high kinda

tradingview has some currencies eg btcthb

edit: https://www.xe.com/currencycharts/?from=CDF&to=XBT&view=5Y notbad
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May 22, 2019, 10:49:00 AM

We don’t need LN to scale.  

Just use centralized solutions like Liquid to scale for low security transactions.

I calculated even with 8 MB blocks, a transaction would need to be something like $10k dollars to be viable on-chain if Bitcoin was used as the backbone of the financial system for big ticket items like houses, cars, boats, etc.  Bitcoin has virtually no use at 1 MB on a global scale except to be something like an intrabank SDR.  Anonymint's claims of how high transaction fees would go are vastly higher than mine, and I don't think they're correct, so I didn't mention them. 

Since Lightning Network is NOT a valid scaling solution because all it does is recreate the already existing banking system where network topology will force all transactions to be routed through a bank - and as the only Craig Wright fan on earth Jbreher points out, 1 MB blocks are not even large enough to onboard people into LN in the first place - absolutely nothing about bitcoin scaling or decentralization was EVER solved.  How are people spamming these idiotic "Bitcoin is guaranteed to go to $100k-$1million each" constant drive by shillings when there are no decentralization and no scaling fundamentals?
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May 22, 2019, 10:50:26 AM

How long can Roger Ver hold on to Bitcoin.com.


Hmm so that's their next plan is it

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May 22, 2019, 10:55:18 AM

These papers are not for you to consume, all of his actions can be easily explained if you think of him as a man preparing a case for litigation. He's just preparing documents that he'll be submitting to court. Probably will try to trademark "Bitcoin" next.

Then why the sensational coingeek article? It was a well-timed pump job / maneuver backed by a well-written propaganda piece. It ultimately proves nothing, other than there is no apparent correlation between somebody's ability to invest and intelligence.

Fools and their money are swiftly parted.  Fucks I give not.
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May 22, 2019, 10:57:37 AM
Last edit: May 22, 2019, 11:45:52 AM by kingcolex

How long can Roger Ver hold on to Bitcoin.com.


Hmm so that's their next plan is it


Well Bitcoin.com didn't do much for Ver, I doubt it would do much for Craig but I'm sure he would love to trick more newbies into believing he created Bitcoin and the site is more "legitimacy"
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May 22, 2019, 10:57:56 AM

That's a good point. Technically you're correct about the blocksize limit not being part of the protocol, of course.
Though if everyone is running a client with a different blocksize, the network will become a clusterfuck.

No. The miners -- or rather 51% the largest group of them -- would then determine the max block size. No clusterfuck. Longest chain rules.

FTFY

Satoshi knew that once he slipped that blocksize limit into the core client, it would be there forever, and become the de facto standard in all bitcoin software implementations. That's why Garzik and the others were opposed to it at the time. Satoshi said that it was temporary, but he knew enough about game theory to realize 1MB blocks would become a Schelling Point within the bitcoin network if it was left in the core client long enough.

That's simply not true. You're claiming to know the mind of Satoshi in direct opposition with his public statements.

https://bitcointalk.org/index.php?topic=1347.msg15139#msg15139

Satoshi is dead.  I don’t give a fuck what he intended anymore.
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May 22, 2019, 11:00:38 AM
Last edit: May 22, 2019, 11:59:51 AM by fillippone
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That's a good point. Technically you're correct about the blocksize limit not being part of the protocol, of course.
Though if everyone is running a client with a different blocksize, the network will become a clusterfuck.

No. The miners -- or rather 51% the largest group of them -- would then determine the max block size. No clusterfuck. Longest chain rules.


FTFY

Nodes set the rules, not miners.
If the majority of miners mine blocks against consensus rules, as defined by nodes, nothing happens, as mined block, even if the longest chain is produced, are not relayed trough the network as rejected by the nodes.

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May 22, 2019, 11:00:54 AM
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The entire Bitcoin network is constantly growing and evolving, from LN to transactions, from derivatives to options ..... everything contributes to the spread of the King

https://diar.co/volume-3-issue-15/#2

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May 22, 2019, 11:03:10 AM

Out of interest does anybody (except jbreher) still own any BCH or SV?

I transferred all of my BCH into Bitcoin & spent it living like a king for just over 12 months.
(I don’t sell any of the Bitcoin I’ve bought myself but give me a break for wanting to enjoy the fruits of my labour here).

Obviously I got 0 SV because I had 0 BCH at the time of their shitfiri.
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May 22, 2019, 11:05:56 AM

I don't like it today. Just my SOMA gut, but the coming weekend might be little fun.
HairyMaclairy
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May 22, 2019, 11:14:31 AM
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Out of interest does anybody (except jbreher) still own any BCH or SV?

I transferred all of my BCH into Bitcoin & spent it living like a king for just over 12 months.
(I don’t sell any of the Bitcoin I’ve bought myself but give me a break for wanting to enjoy the fruits of my labour here).

Obviously I got 0 SV because I had 0 BCH at the time of their shitfiri.

Couldn’t stand that shit. Dumped it for BTC immediately.  I’d rather be a no-coiner than have Roger control my coins.  Never got any SV as a result but definitely got the better end of the deal.
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May 22, 2019, 11:17:10 AM

Oops

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May 22, 2019, 11:18:15 AM
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Out of interest does anybody (except jbreher) still own any BCH or SV?

Yes. Still got plenty of both. I spend it every now and then.

They're prime pump fodder for the foreseeable future no matter how poo they are. If there's to be a monster bubble I'll offload the majority then as they'll reach truly insulting prices no matter what.
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May 22, 2019, 11:18:46 AM

Out of interest does anybody (except jbreher) still own any BCH or SV?

I transferred all of my BCH into Bitcoin & spent it living like a king for just over 12 months.
(I don’t sell any of the Bitcoin I’ve bought myself but give me a break for wanting to enjoy the fruits of my labour here).

Obviously I got 0 SV because I had 0 BCH at the time of their shitfiri.

Couldn’t stand that shit. Dumped it for BTC immediately.  I’d rather be a no-coiner than have Roger control my coins.  Never got any SV as a result but definitely got the better end of the deal.

Didn’t want to move my bitcoin’s out of cold storage to claim BCH for quite a while. It actually worked out better for me in the end as I got $1,200 per BCH.
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May 22, 2019, 11:19:42 AM

Out of interest does anybody (except jbreher) still own any BCH or SV?

Yes. Still got plenty of both. I spend it every now and then.

They're prime pump fodder for the foreseeable future no matter how poo they are. If there's to be a monster bubble I'll offload the majority then as they'll reach truly insulting prices no matter what.

I think they’re both going to double digits or worse eventually.
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May 22, 2019, 11:23:00 AM

I think they’re both going to double digits or worse eventually.

I think it's easy to underestimate the greed and literal mindedness out there.

They're both called 'bitcoin' and they're both 'cheaper'. That's going to give them many years of life yet. I'll be out of it when their respective prices make me shake my head in wonder.

I'm really amazed how many alts are still a thing.
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May 22, 2019, 11:24:42 AM

Individual alts are almost impossible to kill. I am resigned to the fact that we will always be surrounded by a spectrum of alts. They just won’t have any value once the next big thing comes along. 

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May 22, 2019, 11:30:28 AM

Out of interest does anybody (except jbreher) still own any BCH or SV?

I transferred all of my BCH into Bitcoin & spent it living like a king for just over 12 months.
(I don’t sell any of the Bitcoin I’ve bought myself but give me a break for wanting to enjoy the fruits of my labour here).

Obviously I got 0 SV because I had 0 BCH at the time of their shitfiri.

To my shame I do.
0.00000244 of each sitting on my bitfinex account
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