Bitcoin Forum
April 06, 2020, 10:19:11 PM *
News: Latest Bitcoin Core release: 0.19.1 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Where will this rally top out?
Already topped <$7,000 - 19 (23.8%)
$7,000-$7,499 - 6 (7.5%)
$7,500-$7,999 - 8 (10%)
$8,000-$8,499 - 4 (5%)
$8,500-$8,999 - 5 (6.3%)
$9,000-$9,499 - 1 (1.3%)
$9,500-$9,999 - 0 (0%)
$10K+ - 37 (46.3%)
Total Voters: 80

Pages: « 1 ... 11665 11666 11667 11668 11669 11670 11671 11672 11673 11674 11675 11676 11677 11678 11679 11680 11681 11682 11683 11684 11685 11686 11687 11688 11689 11690 11691 11692 11693 11694 11695 11696 11697 11698 11699 11700 11701 11702 11703 11704 11705 11706 11707 11708 11709 11710 11711 11712 11713 11714 [11715] 11716 11717 11718 11719 11720 11721 11722 11723 11724 11725 11726 11727 11728 11729 11730 11731 11732 11733 11734 11735 11736 11737 11738 11739 11740 11741 11742 11743 11744 11745 11746 11747 11748 11749 11750 11751 11752 11753 11754 11755 11756 11757 11758 11759 11760 11761 11762 11763 11764 11765 ... 26551 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21587978 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. (144 posts by 34 users deleted.)
JorgeStolfi
Hero Member
*****
Offline Offline

Activity: 910
Merit: 1002



View Profile
March 18, 2015, 06:35:43 PM

There is nothing to demonstrate.  If I understand correctly, he is just saying anybody can create an altcoin in which the initial ledger of ownership is taken over from bitcoin.

Exactly

Quote
Of course, hardly anybody would see this as "being able to duplicate bitcoins".  

The bitcoins are effectively duplicated because they can be manipulated independently in the two blockchains.

This is just a particular  instance of the observation that, while there is a finite supply of "the" bitcoins, there is no limit for the number of cryptocoins.  Random altcoins are often dismissed because they lack bitcoin's history; but a bitcoin clone created by such a hard fork would share bitcoins history up to the "schism".  Which branch would be the "legitimate" bitcoin is not a technical question, just a political and marketing one.

Quote
Of course this is not a technical issue.  o it sounds a bit like saying "passwords you can use on 1 website can be used on another website, therefore internet security is flawed".

The possibility of a hard-fork clone does not expose any security risk, it is directed against the "scarcity" claim.
1586211551
Hero Member
*
Offline Offline

Posts: 1586211551

View Profile Personal Message (Offline)

Ignore
1586211551
Reply with quote  #2

1586211551
Report to moderator
1586211551
Hero Member
*
Offline Offline

Posts: 1586211551

View Profile Personal Message (Offline)

Ignore
1586211551
Reply with quote  #2

1586211551
Report to moderator
1586211551
Hero Member
*
Offline Offline

Posts: 1586211551

View Profile Personal Message (Offline)

Ignore
1586211551
Reply with quote  #2

1586211551
Report to moderator
Best ratesfor crypto
EXCHANGE
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1586211551
Hero Member
*
Offline Offline

Posts: 1586211551

View Profile Personal Message (Offline)

Ignore
1586211551
Reply with quote  #2

1586211551
Report to moderator
1586211551
Hero Member
*
Offline Offline

Posts: 1586211551

View Profile Personal Message (Offline)

Ignore
1586211551
Reply with quote  #2

1586211551
Report to moderator
DeboraMeeks
Hero Member
*****
Offline Offline

Activity: 588
Merit: 500


View Profile
March 18, 2015, 06:36:34 PM

wow GBP / USD showing some bitcoin type volatility!
Why does dollar strength equal Bitcoin weakness though?
Soon after the forex markets went crazy, bitcoin fell like $20, that doesn't make sense to me!

All commodities went up strongly, oil, gold, silver, so it Bitcoin not a commodity then?  Is it a currency? then it should go up in $ too, like the pound and the € did, so we mustn't be a currency either... odd.

I don't think that the events or moves in Forex has anything to do with Bitcoins, they are totally different subjects.
Bitcoin can't be called a part of Forex, as it works completely different, ain't just being a currency but being as a whole lot of speculations, sentiments but these things come into forex though, so they are in each other on one hand, and on the other, they have nothing to do with each other.
dreamspark
Hero Member
*****
Offline Offline

Activity: 798
Merit: 1000


View Profile
March 18, 2015, 06:38:47 PM

These are the sorts of gains from longing eur/usd today  Grin



Add that on to my 300% btc short and I'm going to the club tonight Smiley

podyx
Legendary
*
Offline Offline

Activity: 1988
Merit: 1021



View Profile
March 18, 2015, 06:43:15 PM

These are the sorts of gains from longing eur/usd today  Grin



Add that on to my 300% btc short and I'm going to the club tonight Smiley



With how big leverage can you short the dollar?
And you gain BTC for it right?
adamstgBit
Legendary
*
Offline Offline

Activity: 1904
Merit: 1017


Trusted Bitcoiner


View Profile WWW
March 18, 2015, 06:46:06 PM

Bottom's in!

buy Buy BUY!!!
dreamspark
Hero Member
*****
Offline Offline

Activity: 798
Merit: 1000


View Profile
March 18, 2015, 06:47:05 PM

These are the sorts of gains from longing eur/usd today  Grin



Add that on to my 300% btc short and I'm going to the club tonight Smiley



With how big leverage can you short the dollar?
And you gain BTC for it right?

200x on forex, yeah its all in btc, use my 1broker link.

 https://1broker.com/m/r.php?i=2961
JorgeStolfi
Hero Member
*****
Offline Offline

Activity: 910
Merit: 1002



View Profile
March 18, 2015, 06:47:45 PM

As I recall, your original claim was that it would be possible for 'any kid with a laptop' to effectively remove the 21M bitcoin cap.  This is NOT an example of that happening.

After a hard fork, as long as both branches survive, there are twice as many bitcoins around.  If you had 100 BTC before the fork, then after the fork you have 100 "Series A" BTC and 100 "Series B" BTC. 

As I clearly said every time, whether people bother to mine and use each Series is a political and marketing qestion.  There is no technical obstacle to both series of bitcoins surviving and retaining some value (but quite likely their combined total value will be no greater than what the "Series A" were worth before the fork).

At the last hard fork, everyone agreed to abandon the "Series A" bitcoins and use only the "Series B" ones.   If we have another hard fork to increase the block size, some people seem to be willing stay on the "Series A" branch.  I don't know what will happen, but, agan, it will be decided by political processes, not by technical mechanisms.
tarmi
Legendary
*
Offline Offline

Activity: 1106
Merit: 1000


View Profile
March 18, 2015, 06:48:02 PM

bulls, please give me another good opportunity to short this.

I promise I will be there for you when you start to panic sell and get margin called.
fonzie
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


Moderator


View Profile
March 18, 2015, 06:48:38 PM

3x2
Legendary
*
Offline Offline

Activity: 1428
Merit: 1003


Admin @Match365


View Profile
March 18, 2015, 06:49:16 PM

Lambchop was right all along! Bitcoin is officially dead.

what is the reason for this Price drop?
No reason, traders manipulation.
adamstgBit
Legendary
*
Offline Offline

Activity: 1904
Merit: 1017


Trusted Bitcoiner


View Profile WWW
March 18, 2015, 06:50:16 PM

Lambchop was right all along! Bitcoin is officially dead.

what is the reason for this Price drop?
No reason, traders manipulation.
aka:

calme
Sr. Member
****
Offline Offline

Activity: 392
Merit: 250


View Profile
March 18, 2015, 06:51:05 PM

whether it be 250 or 750, it's all three digit prices and quite a small range in the scheme of things.
SnokkomBTC
Hero Member
*****
Offline Offline

Activity: 560
Merit: 500


View Profile
March 18, 2015, 06:51:23 PM

Bottom's in!

buy Buy BUY!!!

I don't have money at the moment. Waiting for my paycheck  Embarrassed
Dump3er
Hero Member
*****
Offline Offline

Activity: 868
Merit: 502



View Profile
March 18, 2015, 06:51:34 PM

Well you bears had to ruin all the run.  Grin

My stop sell was triggered while I attempted to grab a little sleep--in it for the downside now.

As many coins to drop 8 dollars as it takes to go back to 296..


Oh please! Did you not enjoy long enough your low volume rally? You need even more of this?

Volume goes up, price goes down.
dreamspark
Hero Member
*****
Offline Offline

Activity: 798
Merit: 1000


View Profile
March 18, 2015, 06:53:50 PM

Lambchop was right all along! Bitcoin is officially dead.

what is the reason for this Price drop?
No reason, traders manipulation.
aka:



Come join Adam, you'll like it here.

You realise the article is a bit of fun though and not actually doing any market manipulation. There are plenty of people in counter positions who speak in whale club. Lots of people got rekt on this drop. If you wanna look for manipulators you need to start talking about benjamin on trading view, people like him are the real market makers.
adamstgBit
Legendary
*
Offline Offline

Activity: 1904
Merit: 1017


Trusted Bitcoiner


View Profile WWW
March 18, 2015, 06:57:01 PM

Lambchop was right all along! Bitcoin is officially dead.

what is the reason for this Price drop?
No reason, traders manipulation.
aka:



Come join Adam, you'll like it here.

You realise the article is a bit of fun though and not actually doing any market manipulation. There are plenty of people in counter positions who speak in whale club. Lots of people got rekt on this drop. If you wanna look for manipulators you need to start talking about benjamin on trading view, people like him are the real market makers.

ok maybe i will a little later.
ChartBuddy
Legendary
*
Offline Offline

Activity: 1050
Merit: 1000


1PwXK9TpmmaaqaZz2eqcLkPU2C1Fcva39G


View Profile
March 18, 2015, 06:58:57 PM

Coin
Explanation
Fatman3001
Legendary
*
Offline Offline

Activity: 1386
Merit: 1010


Make Bitcoin glow with ENIAC


View Profile
March 18, 2015, 07:11:57 PM

bulls, please give me another good opportunity to short this.

I promise I will be there for you when you start to panic sell and get margin called.

Don't milk it Tarmi! You know it will turn on you in an instant.
xyzzy099
Legendary
*
Online Online

Activity: 1051
Merit: 1020



View Profile
March 18, 2015, 07:15:20 PM

As I recall, your original claim was that it would be possible for 'any kid with a laptop' to effectively remove the 21M bitcoin cap.  This is NOT an example of that happening.

After a hard fork, as long as both branches survive, there are twice as many bitcoins around.  If you had 100 BTC before the fork, then after the fork you have 100 "Series A" BTC and 100 "Series B" BTC. 

As I clearly said every time, whether people bother to mine and use each Series is a political and marketing qestion.  There is no technical obstacle to both series of bitcoins surviving and retaining some value (but quite likely their combined total value will be no greater than what the "Series A" were worth before the fork).

At the last hard fork, everyone agreed to abandon the "Series A" bitcoins and use only the "Series B" ones.   If we have another hard fork to increase the block size, some people seem to be willing stay on the "Series A" branch.  I don't know what will happen, but, agan, it will be decided by political processes, not by technical mechanisms.

Do you really not understand that when you say 'series A bitcoin' and 'series B bitcoin', you are really saying 'bitcoin', and 'some altcoin'?

It's true that you will have a free supply of 100 units of the alt coin, which may or may not retain value over time, depending on whether anyone continues to mine it - but you will still only have 100 bitcoins - whichever branch eventually establishes itself as the 'real' bitcoin.

Fatman3001
Legendary
*
Offline Offline

Activity: 1386
Merit: 1010


Make Bitcoin glow with ENIAC


View Profile
March 18, 2015, 07:15:40 PM

I am not sufficiently freaked out about this. I think I might have become immune.
Pages: « 1 ... 11665 11666 11667 11668 11669 11670 11671 11672 11673 11674 11675 11676 11677 11678 11679 11680 11681 11682 11683 11684 11685 11686 11687 11688 11689 11690 11691 11692 11693 11694 11695 11696 11697 11698 11699 11700 11701 11702 11703 11704 11705 11706 11707 11708 11709 11710 11711 11712 11713 11714 [11715] 11716 11717 11718 11719 11720 11721 11722 11723 11724 11725 11726 11727 11728 11729 11730 11731 11732 11733 11734 11735 11736 11737 11738 11739 11740 11741 11742 11743 11744 11745 11746 11747 11748 11749 11750 11751 11752 11753 11754 11755 11756 11757 11758 11759 11760 11761 11762 11763 11764 11765 ... 26551 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!