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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26965519 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. (174 posts by 1 users with 9 merit deleted.)
Lauda
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May 06, 2017, 11:33:35 AM

This sounds like a good way to sneak in a malleability fix. Maybe a malleability fix is not a good idea?
A malleability fix is definitely needed. Assuming the worst because you lack knowledge and understanding is absurd.

Why can't core release modular updates instead of bundling it all together?
What good would this do besides delaying the already very delayed process of implementing Segwit?

LN do enable centralised control of bitcoin transactions. Its just a matter of scale. Think of the size of banks and equate that to LNs
LN does not enable any kind of centralized control. You do not understand LN, neither the reasons behind it, its features nor its limitations.

You should go back to ELI5 threads and we should be back to discussing the price in here.



Jimbo, where are you?
afbitcoins
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May 06, 2017, 11:43:35 AM


You should go back to ELI5 threads and we should be back to discussing the price in here.


OK post links please and I'll enlighten myself. In case my understanding is incorrect.
afbitcoins
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May 06, 2017, 12:08:36 PM

Quoted from Slack Chat with Craig Wright

https://pastebin.com/zU6YZWXK
 
"Layer 2 networks will require the introduction of AML and intermediary controls. These are localised networks in the form of existing intermediaries.
 
They can be allowed to operate with Bitcoin competitively, but not at the expense of open exchange. This being what they fear, why use L2 if you have no need?

Those who do not think that government can set in and control this are either naive or malicious. There is no other view. This is not a false dichotomy. These are the only options.
 
In all cases, L2 will require systems that can be controlled and they will require the interaction of merchants and other parties. Networks such as lightning centralise and offer control on a platter."
European Central Bank
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May 06, 2017, 12:17:11 PM

quoting Craig Wright is the last resort for anyone who wants to make a point. I have no interest in what he has to say.
afbitcoins
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May 06, 2017, 12:26:59 PM

quoting Craig Wright is the last resort for anyone who wants to make a point. I have no interest in what he has to say.

Oh it must be amazing to be the enlightened ones.

Still waiting for those links so I can also read the hallowed source material and also be enlightened
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May 06, 2017, 12:59:32 PM

Bitfinex is only $33 higher than Stamp!
Iranus
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May 06, 2017, 01:45:05 PM

What the hell is going on at Coinbase?  Their price is hovering around $1600.  It's way higher than even Bitfinex even though Coinbase is fully functional.  Any buywalls recently or anything?
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May 06, 2017, 01:47:23 PM

What the hell is going on at Coinbase?  Their price is hovering around $1600.  It's way higher than even Bitfinex even though Coinbase is fully functional.  Any buywalls recently or anything?

This is whats going on.

https://www.youtube.com/watch?v=jG3_-KKHkZ8

History lesson folks.
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May 06, 2017, 02:31:21 PM

quoting Craig Wright is the last resort for anyone who wants to make a point. I have no interest in what he has to say.

Quite, that's a default forfeit of one's argument in my book.

Just don't tell me that you're holding USDT on the scam exchange called Poloniex. Roll Eyes Just be a bit more patient (Finex wise).

Not a word to be bandied about lightly - what's the basis for this accusation?
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May 06, 2017, 02:31:56 PM

Gosh. Bitcoin is so boring today.
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May 06, 2017, 02:35:49 PM

Just don't tell me that you're holding USDT on the shady exchange called Poloniex. Roll Eyes Just be a bit more patient (Finex wise).
Not a word to be bandied about lightly - what's the basis of this accusation?
Okay, fair point. I have changed the wording to shady (see original post/quote update). Just look at all those orchestrated pumps and dumps, and random dead coins going up >1000-10000%. There is no way that Poloniex isn't involved in some way IMO.

Bitfinex is only $33 higher than Stamp!
This is a sign of confidence in the market. The interesting thing about the current price is that GDAX is $15 higher than Bitfinex!
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May 06, 2017, 02:37:02 PM

Quoted from Slack Chat with Craig Wright

https://pastebin.com/zU6YZWXK
 
"Layer 2 networks will require the introduction of AML and intermediary controls. These are localised networks in the form of existing intermediaries.
 
They can be allowed to operate with Bitcoin competitively, but not at the expense of open exchange. This being what they fear, why use L2 if you have no need?

Those who do not think that government can set in and control this are either naive or malicious. There is no other view. This is not a false dichotomy. These are the only options.
 
In all cases, L2 will require systems that can be controlled and they will require the interaction of merchants and other parties. Networks such as lightning centralise and offer control on a platter."

Entirely false information. Your mistake was believing a word that clown says.
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May 06, 2017, 02:45:42 PM

Gosh. Bitcoin is so boring today.

Well, give our baby a little break.
A pit stop isn't bad and imo pretty healthy for all of us. The other coins aren't doing better as well. Market seems to need to take a breath before the party continues in one way or the other.
But yeah I agree that it feels a bit strange, because we were spoiled the last few days. Smiley
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May 06, 2017, 03:30:44 PM

What the hell is going on at Coinbase?  Their price is hovering around $1600.  It's way higher than even Bitfinex even though Coinbase is fully functional.  Any buywalls recently or anything?

This is whats going on.

https://www.youtube.com/watch?v=jG3_-KKHkZ8

History lesson folks.
Good point.  Maybe institutional investors and the more wealthy are seeing Coinbase as the easiest way to get their hands on some coins since they're sort of the de facto regulated US exchange (without spending too much time).
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May 06, 2017, 03:41:25 PM

BLEED ALTCOINS BLEED !!!!!!!!!  Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry


york780
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May 06, 2017, 03:58:34 PM



Altcoin manipulators be like
BlindMayorBitcorn
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May 06, 2017, 04:01:54 PM

^This is the old paradigm. It no longer fits. The alt market is paying off like hotcakes. There must be a reason. Maybe Japan is still bitter about being Goxxed by BTC proper?
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May 06, 2017, 04:05:08 PM

^This is the old paradigm. It no longer fits. The alt market is paying off like hotcakes. There must be a reason. Maybe Japan is still bitter about being Goxxed by BTC proper?

It still fits.
ICO's are the new Spaincoin.
Richard Branson
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May 06, 2017, 04:18:45 PM

BLEED ALTCOINS BLEED !!!!!!!!!  Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry


The "bigger" altcoins are still a lot of % up (in BTC) compared to 2 weeks ago.
Lot of easy cash -> buy altcoin, wait for pump, dump for BTC. Increase BTC holdings while sleeping.
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May 06, 2017, 04:21:12 PM

BLEED ALTCOINS BLEED !!!!!!!!!  Cry Cry Cry Cry Cry Cry Cry Cry Cry Cry


The "bigger" altcoins are still a lot of % up (in BTC) compared to 2 weeks ago.
Lot of easy cash -> buy altcoin, wait for pump, dump for BTC. Increase BTC holdings while sleeping.

That pretty much sums it up Richard  Grin

Some of the bigger alts have decoupled from bitcoins grasp as ppl buy Bitcoin so they can buy more of the best of class alts!
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