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

[grapple]

the price is floating around once again, bitcoin starts to be one of the most boring currencies, i need the price to grow!

[BitconAssociation]

Always another pump with these altcoiners ...

What makes Bitcoin unique among the cryptocurrencies is it's totally not a pump and dump.

[Andre#]

Appears that the evidence supported our suspicions . This was indeed a spam/ddos attack upon bitcoin and the perpetrators ran out of cash. The unconfirmed backlog is clearing up

https://blockchain.info/unconfirmed-transactions

Bitcoin is certainly resilient.

hmm... They attempted an attack with 4500 transactions?

Isn't it like really low amount for an attack?

Yes, the link reflects the live unconfirmed tx amount reflecting that the attack is over (at least temporarily ) and why you are starting to see unfilled blocks-

https://blockchain.info/blocks

Regardless of the evidence we had beforehand there is always some amount of doubt that it could have just been a natural growth of the network creating a transaction fee event. The fact that this ddos has ended supports the previous evidence that this was indeed an attack that was curiously timed to coincide with several "predictions"

If this was due to natural growth than it wouldn't be likely to have such a sharp uptick and immediate drop off after a few days.

Of course the attack wasn't natural growth. It started way too sudden on 28 February to be natural. More likely, it seemed to me that it was a counter attack of extremist bigblockers after the DDoS attack on Classic nodes by extremist smallblockers.

[sAt0sHiFanClub]

Appears that the evidence supported our suspicions . This was indeed a spam/ddos attack upon bitcoin and the perpetrators ran out of cash. The unconfirmed backlog is clearing up

https://blockchain.info/unconfirmed-transactions

Bitcoin is certainly resilient.

Ran out of Cash  =  Bitcoin is Resilient!!!

Lets get down on our hands and knees and Praise The Lord!!

edit:  18,000tx's @  0.01USD =  $180  Dont take much, does it?

[ChartBuddy]

Coin



Explanation

[mainpmf]

Of course the attack wasn't natural growth. It started way too sudden on 28 February to be natural. More likely, it seemed to me that it was a counter attack of extremist bigblockers after the DDoS attack on Classic nodes by extremist smallblockers.

Dang,

I don't understand everything but it's funny how it really seems to be an important conflict with various guerilla tactics xD

[AlexGR]

Of course the attack wasn't natural growth. It started way too sudden on 28 February to be natural. More likely, it seemed to me that it was a counter attack of extremist bigblockers after the DDoS attack on Classic nodes by extremist smallblockers.

Dang,

I don't understand everything but it's funny how it really seems to be an important conflict with various guerilla tactics xD

It could also be a pretentious conflict by third parties (banks, government agencies etc) who prefer division in the btc world.

Classic nodes don't play any meaningful role in order to get attacked. What counts for activating a 2mb HF are the miners, not the nodes. And since the miners are smart enough to understand the destructive consequences of contentious hard forks and splitting the currency in two, which would forever destroy the trust in bitcoin as a currency, they chose not to go down that destructive split. In other words classic is dead. And you know what they say about beating the dead horse. That's what DDOSing an "xt" or "classic" node is.

[ahpku]

It could also be a pretentious conflict by third parties (banks, government agencies etc) who prefer division in the btc world.

>pretentious conflict
Baffling word combination is baffling.

[stoat]

Polite suggestion to diversify into ...

The currency that cannot be named

I thought the DOGE fad was over.

Or are we on to another alt fad?

The fact that you compare ___ to doge shows how utterly out of touch with reality you are.

___ will drink your milkshake. 

[stoat]

Polite suggestion to diversify into ...

The currency that cannot be named

I thought the DOGE fad was over.

Or are we on to another alt fad?

Always another pump with these altcoiners ... its crashing today, I suggest people collect any profit while they can with Eth, as those prices are unsustainable. Gravity is pulling it down to reality. Those that have been around know a bubble when they see one especially when it coincides with massive spam from many directions pumping it.

The only thing that's crashing today is bitcoin. ___ is in a massive bull market that will last for months.  The punishment for your denial will be your financial loss.

Happy trading

[mainpmf]

Of course the attack wasn't natural growth. It started way too sudden on 28 February to be natural. More likely, it seemed to me that it was a counter attack of extremist bigblockers after the DDoS attack on Classic nodes by extremist smallblockers.

Dang,

I don't understand everything but it's funny how it really seems to be an important conflict with various guerilla tactics xD

It could also be a pretentious conflict by third parties (banks, government agencies etc) who prefer division in the btc world.

Classic nodes don't play any meaningful role in order to get attacked. What counts for activating a 2mb HF are the miners, not the nodes. And since the miners are smart enough to understand the destructive consequences of contentious hard forks and splitting the currency in two, which would forever destroy the trust in bitcoin as a currency, they chose not to go down that destructive split. In other words classic is dead. And you know what they say about beating the dead horse. That's what DDOSing an "xt" or "classic" node is.

If it was BTC would be dead! No way they just "ran out of cash".
If they wanted they'd just crash btc. It would cost them nothing.

[Denker]

Appears that the evidence supported our suspicions . This was indeed a spam/ddos attack upon bitcoin and the perpetrators ran out of cash. The unconfirmed backlog is clearing up

https://blockchain.info/unconfirmed-transactions

Bitcoin is certainly resilient.

I wouldn't declare victory too early.
This could be the quiet for the next storm.
I could imagine they are preparing another attack when they realize this one has not been that successful as expected.
Let's wait a bit and be cautious.

[BlindMayorBitcorn]

Polite suggestion to diversify into ...

The currency that cannot be named

I thought the DOGE fad was over.

Or are we on to another alt fad?

Always another pump with these altcoiners ... its crashing today, I suggest people collect any profit while they can with Eth, as those prices are unsustainable. Gravity is pulling it down to reality. Those that have been around know a bubble when they see one especially when it coincides with massive spam from many directions pumping it.

 

Can we stop yelling timber for no reason. Some of us are actually waiting for this tree to fall.

[ahpku]

^^Besides, over in Saurian Aryan's Crypto Kingdom there's much jubilation and rejoicing! +(24.90 %)

[ChartBuddy]

Coin



Explanation

[spiderbrain]

Polite suggestion to diversify into ...

The currency that cannot be named

Don't bother. They're all out trading eth.

All that is left here is the core fanboys who doesn't understand they just poisoned the well.

Wow, best quote I've seen here in a while =D

[BlindMayorBitcorn]

^^Besides, over in Saurian Aryan's Crypto Kingdom there's much jubilation and rejoicing! +(24.90 %)

The Man Who Would Be King.

[yugo23]

Polite suggestion to diversify into ...

The currency that cannot be named

Don't bother. They're all out trading eth.

All that is left here is the core fanboys who doesn't understand they just poisoned the well.

I've got to admit there seems to be much less enthousiasm around btc right now...

Seems like something happened. The core fanboys probably did something that will affect btc for long. Just hoping it was the right decision.

[inca]

Polite suggestion to diversify into ...

The currency that cannot be named

Don't bother. They're all out trading eth.

All that is left here is the core fanboys who doesn't understand they just poisoned the well.

I've got to admit there seems to be much less enthousiasm around btc right now...

Seems like something happened. The core fanboys probably did something that will affect btc for long. Just hoping it was the right decision.

When old timers are selling up and new money is flocking to other coins like eth and monero you know they haven't got a clue.

How many times does simple economics need explaining to supposedly intelligent programmers? Limiting network transactions now is the same as limiting the number of users in the future. Not a great way to scale the project for the next 5 years. Fools.

[yugo23]

Polite suggestion to diversify into ...

The currency that cannot be named

Don't bother. They're all out trading eth.

All that is left here is the core fanboys who doesn't understand they just poisoned the well.

I've got to admit there seems to be much less enthousiasm around btc right now...

Seems like something happened. The core fanboys probably did something that will affect btc for long. Just hoping it was the right decision.

When old timers are selling up and new money is flocking to other coins like eth and monero you know they haven't got a clue.

How many times does simple economics need explaining to supposedly intelligent programmers? Limiting network transactions now is the same as limiting the number of users in the future. Not a great way to scale the project for the next 5 years. Fools.

Yeah I really don't see the point of this whole debate.
You limit number of txs? It means you limite the number of users!

It can't have any other consequence!