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

[Fatman3001]

... if you want a site with no editorial responsibility you will have to wait for some autonomous ethereum- or sidechain-driven site. There's a limit to how long a company can condone their business being the platform for pedos and racists to promote their activities.

Regardless of whether anyone likes it or not, XT is one of Bitcoin's potential futures.

That's a much more important and valid thing to be discussing than the latest announcement about a vaping shop accepting BTC.

Qe?

[Erdogan]

So is everyone supposed to sell their coins and then repurchase them on Bitcoin XT?
And where do you go to buy Bitcoin XT coins?

Just on the contrary! If you buy bitcoins now will give the opportunity to spend same coins twice both on Bitcoin and XT networks in future if there is a split at all. So, if you buy 1 bitcoin now you actually buy 2 bitcoins if XT altcoin succeeds in being true alternative to bitcoin!

I don't think this is correct.

If curious, this is an example of what will actually happen once bitcoin forks:

http://qntra.net/2015/01/the-hard-fork-missile-crisis/

That speak about getting coin fractions from the competing chain, thus tainting your otherwise good coins - that is plain rubbish.

I'm unfamiliar with this "fractional tainting"  part. Perhaps you could quote or outline that bit?

As far as I understand, any fork that persists will allow for this kind of double spending.

I retract that post - I see that there might be some confusion at the time of fork. Let's hope the losing chain dies quickly.

[ChartBuddy]

Coin
Explanation

[sAt0sHiFanClub]

I retract that post - I see that there might be some confusion at the time of fork. Let's hope the losing chain dies quickly.

From that article:

Edit: The first instance described in the article was a soft fork and not a hard fork. The 2nd instance is in debate [as to] whether or not it was non-deterministic behavior or a true hard fork.

[LFC_Bitcoin]

$254.90 on Stamp. The bears are out in force by the looks of it, I'm feeling pretty negative at the moment, still going to HODL as usual obviously, I understand bitcoin is a long term investment but this XT bull shit with Hearn & Gavin is causing the price to tank imo. Weak hands are panicking & getting out

[billyjoeallen]

Ahahaha, it's a crucial time for everyone.

Every day is crucial for bitcoin during last 6 years. Nothing really new here.

Are we going to get another $10 to $20 downward adjustment in BTC prices before returning to the uptrend?

I have NOT sold, and I am just attempting to figure  out the best point to buy some more.  I already bought a bunch of BTC in the $260 range, so, maybe it would be nice to pick up a few more in the $240s, that is if prices are going to go into the $240s... Further, who wants to buy in the $240s, if they are able to get some coins in the $230s?

We're just above the Fibonacci retracement level of $255.  It will prolly get another test tonight. If it holds, we're going back up. I give it a 55% chance of holding. Keep in mind that we're only talking a maybe twenty dollar rally and then we will resume the plunge to possibly high $230s and then sideways for a month or two. Then up to ~$350 and then back down.

I know there is no way to predict this sort of thing, but this is how I see the price discovery going. So far I have had no surprises.

[solex]

$254.90 on Stamp. The bears are out in force by the looks of it, I'm feeling pretty negative at the moment, still going to HODL as usual obviously, I understand bitcoin is a long term investment but this XT bull shit with Hearn & Gavin is causing the price to tank imo. Weak hands are panicking & getting out

This price dip is nothing compared to the crash that would happen sometime next year when Core Dev allows the 1MB to cripple legitimate user tx throughput.

[ChartBuddy]

Coin
Explanation

[medialab101]

$254.90 on Stamp. The bears are out in force by the looks of it, I'm feeling pretty negative at the moment, still going to HODL as usual obviously, I understand bitcoin is a long term investment but this XT bull shit with Hearn & Gavin is causing the price to tank imo. Weak hands are panicking & getting out

This price dip is nothing compared to the crash that would happen sometime next year when Core Dev allows the 1MB to cripple legitimate user tx throughput.

+1

[Morecoin Freeman]

What's the deal with this blue ribbon?

[gentlemand]

what's the blue thing below explanation in the chartguy's posts?

It's a protest at the censorship going on over on Reddit.

[Morecoin Freeman]

Thank you. I don't like it.

[redsn0w]

... if you want a site with no editorial responsibility you will have to wait for some autonomous ethereum- or sidechain-driven site. There's a limit to how long a company can condone their business being the platform for pedos and racists to promote their activities.

Regardless of whether anyone likes it or not, XT is one of Bitcoin's potential futures.

That's a much more important and valid thing to be discussing than the latest announcement about a vaping shop accepting BTC.

Bitcoin or bitcoin 'futures'? Do you mean the coin or the technology?

[gentlemand]

Bitcoin or bitcoin 'futures'? Do you mean the coin or the technology?

The coin.

If enough people get on board then Bitcoin will become XT even if that causes much strife.

I dunno what the right course is but suppressing its discussion leaves a very odious taste.  

https://en.wikipedia.org/wiki/Streisand_effect

[ChartBuddy]

Coin
Explanation

[Fatman3001]

Bitcoin or bitcoin 'futures'? Do you mean the coin or the technology?

The coin.

If enough people get on board then Bitcoin will become XT even if that causes much strife.

I dunno what the right course is but suppressing its discussion leaves a very odious taste.  

https://en.wikipedia.org/wiki/Streisand_effect

Are you saying that there are pictures of Jeff and Gavin in their underpants?

[redsn0w]

Bitcoin or bitcoin 'futures'? Do you mean the coin or the technology?

The coin.

If enough people get on board then Bitcoin will become XT even if that causes much strife.

I dunno what the right course is but suppressing its discussion leaves a very odious taste. 

https://en.wikipedia.org/wiki/Streisand_effect

But (for first) you have said the blockchain  and then changed to 'coin'. Damn I didn't quote the post...

[gentlemand]

Are you saying that there are pictures of Jeff and Gavin in their underpants?

You get a selection of complimentary burger shots if you download their client.

But (for first) you have said the blockchain  and then changed to 'coin'. Damn I didn't quote the post...

I was gonna say our lovely blockchain but changed it for clarity.

[Richy_T]

i thought its a protest against this whole fork-mess

Nope, I'm actually quite on-board with that, whoever wins. (I have an opinion but maybe I'm wrong).

[Erdogan]

i thought its a protest against this whole fork-mess

Nope, I'm actually quite on-board with that, whoever wins. (I have an opinion but maybe I'm wrong).

The white knight already won!