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

[becoin]

1BTC = 2BTC soon

After this crash XT fork is basically dead. I doubt Core devs will even discuss whatever block size increase now.

[ChartBuddy]

Coin
Explanation

[itarachiu]

what the reason for the crash this time?

1BTC = 2BTC soon

I doubt...

[mmitech]

1BTC = 2BTC soon

After this crash XT fork is basically dead. I doubt Core devs will even discuss whatever block size increase now.

I've been following in the shadows for months now, the block size debate is not going to stop just like that, it is a real issue that needs a permanent solution, in fact I think the heat of this debate will increase in the next following weeks. For now XT seems to be the only real solution available, all the sidechains and lightening talk is not so "productive", these can't be solutions while they are just theoretical...

many don't understand that the new code in XT will be active only if 75% of the network actually runs it (beside the planned fork time)... but anyhow, how the fork will effect the price? of course there will be some panic like always, and the price might go down, but I don't think Bitcoin will be dead, in my opinion a fork means that we still can do things to improve Bitcoin and make adaptable for mass adoption, a planned fork is not that bad in my opinion.... just to remind people here, this is not the first Bitcoin fork, in 2013 we had an accidental fork, trading and all transaction were halted for 48 hours... and before that there was a bug in the code that allowed for massive Bitcoin generation that was also fixed by a fork, so I don't see why a planned fork is more dangerous than an accidental one?!

BTW, Today I saw a block that was found by an XT client( Slush's pool using v3 already), this means miners are switching slowly and many nodes did switch as well, and Chinese miners said that they support the new block size so there you got a massive user base switching, it is only about time...


 

[becoin]

many don't understand that the new code in XT will be active only if 75% of the network actually runs it 

And many don't understand that the 75% is not of the network but of the mining pools. And this can be easily manipulated!

Anyway, XT altcoin fork is dead now. Block size debate was just a cover up now revealing hidden agenda to introduce among bitcoin users the XT client that is simply an IP logger and blacklist aggregator!

[Dalmar]

[dreamspark]

In the end the client will be decided by the exchanges not the miners.

What miner is going to mine a coin that then can't be sold on an exchange?

[mmitech]

many don't understand that the new code in XT will be active only if 75% of the network actually runs it  

And many don't understand that the 75% is not of the network but of the mining pools. And this can be easily manipulated!

Anyway, XT altcoin fork is dead now. Block size debate was just a cover up now revealing hidden agenda to introduce among bitcoin users the XT client that is simply an IP logger and blacklist aggregator!

Well, I said this few years ago, Bitcoin is not BitTorrent, bitcoin is a financial instrument and will be heavily regulated, you can try to fight it now, but whether you like it or not, these things will eventually happen... or Bitcoin transactions will be deemed illegal and businesses will be forbidden from using it, and there the mass adoption dream vanishes in front of your eyes.

[mmitech]

In the end the client will be decided by the exchanges not the miners.

What miner is going to mine a coin that then can't be sold on an exchange?

you got that wrong my friend, if the miners switch to the new client, exchanges wont have any other choice but to follow, because the old chain will be dead... don't forget, miners are the sole of the network, Bitcoin rely on POW, so having X% of the mining power means controlling X% of the voting power in Bitcoin's network

[Master mind]

Soon will all see my 2 cent buy wall for BTC.

[schizoid]

Anyway, XT altcoin fork is dead now.

If you own bitcoin, you'd better hope not. The only thing holding the price up is the hope that the block size will somehow be increased. If bitcoin can't grow, it's a shitty investment and it's way overvalued.

[becoin]

Well, I said this few years ago, Bitcoin is not BitTorrent, bitcoin is a financial instrument and will be heavily regulated, you can try to fight it now, but you like or not, these things will eventually happen...

Bitcoin is not a financial instrument. Bitcoin is money. Gold is money too, not a financial instrument. Good luck regulating gold... and bitcoin.

Some people tend to forget:
"Bitcoin: A Peer-to-Peer Electronic Cash System" Satoshi Nakamoto

Cash is NOT a financial instrument! And never will be... hopefully!

[Fatman3001]

In the end the client will be decided by the exchanges not the miners.

What miner is going to mine a coin that then can't be sold on an exchange?

The same pretty much goes the other way around. I think it's fair to say that the different parts of the ecosystem depend on each other.

many don't understand that the new code in XT will be active only if 75% of the network actually runs it 

And many don't understand that the 75% is not of the network but of the mining pools. And this can be easily manipulated!

Anyway, XT altcoin fork is dead now. Block size debate was just a cover up now revealing hidden agenda to introduce among bitcoin users the XT client that is simply an IP logger and blacklist aggregator!

Well, I said this few years ago, Bitcoin is not BitTorrent, bitcoin is a financial instrument and will be heavily regulated, you can try to fight it now, but whether you like it or not, these things will eventually happen... or Bitcoin transactions will be deemed illegal and businesses will be forbidden from using it, and there the mass adoption dream vanishes in front of your eyes.

Let's wait and see if any of this is true. It reeks of sensationalistic fud. Or just some conspiracy theorists going off the rails again. Which is odd, since bitcoiners are such level-headed people.

[mmortal03]

Anyway, XT altcoin fork is dead now. Block size debate was just a cover up now revealing hidden agenda to introduce among bitcoin users the XT client that is simply an IP logger and blacklist aggregator!

Conspiracy theories are why we can't have nice things. There was no hidden agenda.

[sAt0sHiFanClub]

1BTC = 2BTC soon

After this crash XT fork is basically dead. I doubt Core devs will even discuss whatever block size increase now.

You should listen to Phill Potter on the whaleclub soundcloud. Crash was due to usual bitcoin leveraged hopium.

Please, do keep up.

[marcus_of_augustus]

many don't understand that the new code in XT will be active only if 75% of the network actually runs it  

And many don't understand that the 75% is not of the network but of the mining pools. And this can be easily manipulated!

Anyway, XT altcoin fork is dead now. Block size debate was just a cover up now revealing hidden agenda to introduce among bitcoin users the XT client that is simply an IP logger and blacklist aggregator!

Well, I said this few years ago, Bitcoin is not BitTorrent, bitcoin is a financial instrument and will be heavily regulated, you can try to fight it now, but whether you like it or not, these things will eventually happen... or Bitcoin transactions will be deemed illegal and businesses will be forbidden from using it, and there the mass adoption dream vanishes in front of your eyes.

just another clueless shill for tyranny.

[sAt0sHiFanClub]

many don't understand that the new code in XT will be active only if 75% of the network actually runs it  

And many don't understand that the 75% is not of the network but of the mining pools. And this can be easily manipulated!

Anyway, XT altcoin fork is dead now. Block size debate was just a cover up now revealing hidden agenda to introduce among bitcoin users the XT client that is simply an IP logger and blacklist aggregator!

Well, I said this few years ago, Bitcoin is not BitTorrent, bitcoin is a financial instrument and will be heavily regulated, you can try to fight it now, but whether you like it or not, these things will eventually happen... or Bitcoin transactions will be deemed illegal and businesses will be forbidden from using it, and there the mass adoption dream vanishes in front of your eyes.

just another clueless shill for tyranny.

And you? You are just a knowledgeable shill for corporate interests. Or your own Bag.

[everaja]

Apart from guessing can anyone give a nearly Valid reason , why bitcoin price is decreasing much steeply today , whats the fate of Bitcoin , what do you feel ,it will Touch Minimum?

[ChartBuddy]

Coin
Explanation

[Master mind]

Apart from guessing can anyone give a nearly Valid reason , why bitcoin price is decreasing much steeply today , whats the fate of Bitcoin , what do you feel ,it will Touch Minimum?

BTC will soon touch 2 cents.