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

[infofront]

95% hashrate activation seems crazy. I can't understand why they ever thought that was going to happen.

Agreed. You can't even get 95% of people to agree that the sky is blue.
I think 67% is a good threshold.

[1714229209]

1714229209

[1714229209]

1714229209

[1714229209]

1714229209

[arklan]

95% hashrate activation seems crazy. I can't understand why they ever thought that was going to happen.

Agreed. You can't even get 95% of people to agree that the sky is blue.
I think 67% is a good threshold.

WELL EXCUSE ME FOR BEING COLORBLIND, YOU ABLEIST BASTARD!

if you can't tell, that's meant jokingly. though i am colorblind. but i still see the sky as blue. purple though? doesn't exist. red? sure. pink? yea. blue? totally. pale blue, like the sky? yea! any kind of blending... doesn't exist. one or the other. and neon green and yellow? same thing.

[David48l]

95% hashrate activation seems crazy. I can't understand why they ever thought that was going to happen.

They know it  .  and remember....

to artificially limit the scaling up in favor of the private blockchain of companies and banks. This is your job.

Then alternatives appear .... private blockchains

[European Central Bank]

95% hashrate activation seems crazy. I can't understand why they ever thought that was going to happen.

wasn't 95% the threshold for previous soft forks like the child pays for parent thing? i might be totally wrong.

i guess they assumed it wouldn't be controversial...

[york780]

LOL. That ethereum pump&dump. I switched all my btc for ethereum just before the pump. And i just dumped everything for btc again. Feels good to be a trader. A nice 0,5 btc profit for today. Not bad. Please dont crash the bitcoin price while i am a sleep. Thanks 

[Biodom]

LOL. That ethereum pump&dump. I switched all my btc for ethereum just before the pump. And i just dumped everything for btc again. Feels good to be a trader. A nice 0,5 btc profit for today. Not bad. Please dont crash the bitcoin price while i am a sleep. Thanks 

not really...most trades are bad, so if you trade a lot, you are bound to lose money.
in a bull market you might survive and even have some gains, but bear will finish the job, most likely.
how wall street calls daytraders gains: a loan.

[york780]

I am trading for over a year now, and i cant complain about the profits that i made. But yes you are right, sometimes i am wrong. Biggest mistake is that i sold all my eth at 11 dollar lol. This is just a little revenge. But to many wrongs and you are out for ever.

[JimboToronto]

There is no fork. Is this the bottom?

You are the worst. Just a baghodler who want other people getting burned so that you can cash out when they are getting rekt. Bitcoin needs a fork because they have to fix some serious scaling isues.

??

I do not need anyone to do anything. I've invested in bitcoin and I'm very happy that I did. Go ahead and sell your coins, I couldn't care less. Actually I hope that you leave bitcoin because you're a troll.

troll troll troll

You sound like a NLC shill account.

Don't worry Ted. This nonsense will seem so silly in a few years.

I agree that common sense will probably prevail, especially when there's so much at stake, but even if a hard fork does occur, Bitcoin will be fine.

Don't sweat the trolls.

[Biodom]

I am trading for over a year now, and i cant complain about the profits that i made. But yes you are right, sometimes i am wrong. Biggest mistake is that i sold all my eth at 11 dollar lol. This is just a little revenge. But to many wrongs and you are out for ever.

one year is nothing...tell me about it in five-seven.
The best idea (from experience) is to take profits into something more tangible and/or memorable: a car, a vacation, condo/house down-payment, payment toward a school loan, etc.

[sAt0sHiFanClub]

And that's because I think it is unlikely the scaling problem won't be addressed. The situation is already heated enough as to assume it will be addressed before end of year. If it wasn't then we would have a real problem.

or you could look at it the other way and perceive that a fork back down is an endorsement for core to carry on as they are. they can point to their solution and say the only thing holding it back is miners. those miners will also know that forcing through a fork ain't gonna go down well.

more deadlock. i really hope not though.

I am speculating on miners finally coming back to their senses and start signaling for segwit activation. The ball is now on Jihan BU's court.

That wont happen unless core capitulate on scale. Core wont capitulate ( they are in slash and burn mode now) Their future depends on fee market and LN ( which is still miles off) They might as well fight on or burn bitcoin.

I suspect they may fail at both.

[Ted E. Bare]

Last day to vote:
SegWit, Unlimited, both, neither, etc

[JayJuanGee]

And that's because I think it is unlikely the scaling problem won't be addressed. The situation is already heated enough as to assume it will be addressed before end of year. If it wasn't then we would have a real problem.

or you could look at it the other way and perceive that a fork back down is an endorsement for core to carry on as they are. they can point to their solution and say the only thing holding it back is miners. those miners will also know that forcing through a fork ain't gonna go down well.

more deadlock. i really hope not though.

I am speculating on miners finally coming back to their senses and start signaling for segwit activation. The ball is now on Jihan BU's court.

That wont happen unless core capitulate on scale. Core wont capitulate ( they are in slash and burn mode now) Their future depends on fee market and LN ( which is still miles off) They might as well fight on or burn bitcoin.

I suspect they may fail at both.

There is no reason for Core to capitulate on anything.

Why would you want to compromise and incorporate some kind of code that absolutely unnecessary?

It's not about being biased or financially dependent on lightning network  - that's all bullshit.  The main point is that there is no facts or logic to back up making an increase in the blocksize limit at this time.

[Killerpotleaf]

i'll be buying tomorrow.

but i won't enjoy it.

[Ted E. Bare]

Did you see that whale buying at Bitfinex just now?

[Arcteryx]

i'll be buying tomorrow.

but i won't enjoy it.

It's down to 1017 now so maybe the good time to buy a little now.
From the whales buying up now is going to cause it to surge tomorrow and by time you wake up it will be just too late for buying near $1000 again until something big happens.
And we all know what that is.

[deepcolderwallet]

I have this crazy perspective about the Core vs. Unlimited BTC. The miners saying that their BTU will be the winner is a lot of wishfull thinking IMO. Just because they process the blocks they now somehow own the system??? They're hired help. That's why they get paid to do their job.

If we get the fork with two competing currencies, which one will be the winner? The market will decide, sure. Specifically the buyers. People giving their $$$ in exchange for BTC, not the miners. They really should take a step back and figure out they're not the bosses and they can get fired if they go too far...

I also have seen a interesting article about firing the miners. Maybe thats the final solution to make bitcoin healthy again?

Do you have the link for this article?

[Killerpotleaf]

Did you see that whale buying at Bitfinex just now?

no.
...
Oh i see.
ya we'll he will lose this battle...

i'll be buying tomorrow.

but i won't enjoy it.

It's down to 1017 now so maybe the good time to buy a little now.
From the whales buying up now is going to cause it to surge tomorrow and by time you wake up it will be just too late for buying near $1000 again until something big happens.
And we all know what that is.

dump?

ya i know...

i'll be buying tomorrow.
but i won't enjoy it.

[boyshx]

i'll be buying tomorrow.

but i won't enjoy it.

Why tomorrow and not today? Just curiosity

[rdnkjdi]

It's not about being biased or financially dependent on lightning network  - that's all bullshit.  The main point is that there is no facts or logic to back up making an increase in the blocksize limit at this time.

Because adding a 2mb blocksize in excange for SEGWIT would keep the chains & communities from splitting in two and destroying both sides.  Even if it's not necessary by luke-jr's opinion - if it is 2MB blocks or 2 chains which one is really worse for bitcoin?

This is the third time around.  BitcoinXT, Classic & now Unlimited.  I fully expect this one to die out due to Unlimited's lack of professionalism & experience.  Then continued gridlock on SEGWIT.  At some point the industry will decide it's tired of waiting for > 7tps

[HI-TEC99]

Did you see that whale buying at Bitfinex just now?

More interesting is the whale buying on itbit who pushed it up to second place exchange for volume. That's probably due to fixed price OTC trades that don't pump the price, only the volume. Someone's reloading ready for the next pump.