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

[Asrael999]

So is it an attempt to stop the User activated fork getting traction ?

[lost_in_base]

[Searing]

So is it an attempt to stop the User activated fork getting traction ?
 

Exactly. Will likely work to make more fractured camps imho. Or again,
Bitcoin core will just at as a blocker, on this cluster go around into 2018.

https://www.imageupload.co.uk/image/BGBm

Then again, pigs they may be a flying. 🤔

[becoin]

Yeah, seems misleading, without blockstream and bitcoin core devs

Those are the same actors that lost a lot of money trying to stop bitcoin appreciation. Without Blockstream and core devs this fork goes nowhere.

[Denker]

So is it an attempt to stop the User activated fork getting traction ?

Probably yes.Very suspicious!
Read the following link.

https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017-May/014360.html

To be clear, the proposal as far as I can see does not activate BIP141, but is a completely new deployment which would be incompatible with the BIP141 deployment. I'm not sure how that can be considered "immediate" activation. Surely immediate activation would just be for miners to start signalling and segwit would be activated in 4-5 weeks. The proposal seems to require a lower 80% threshold, I assume because they were unable to convince 95% of the hashpower to go trigger activation.

I think the Barry Silbert agreement is very ill considered, and clearly lacking peer review from the technical community. Suggestions of a HF in 4 months are completely unrealistic and without technical merits. But more importantly, closed door agreements between selected participants is not how to garner consensus to change a $30bn decentralized system. The purpose of my email is to try and assist in the "immediate activation of segwit" which only requires hashrate to participate; and to provide some techincal input since I have done a great deal of research and development into the topic.

[JakaE]

A BTC450 sell wall at $2125.00 on Stamp, once it gets eaten through, expect it to fly to the $2160-70 region or some dipping if it gets cancelled. It's falling fast though, BTC10 at a time!

[mike4001]

HOLY SHIT

whats going on in Altcoin-land

[Asrael999]

HOLY SHIT

whats going on in Altcoin-land

If BTC gets Segwit no one needs LTC(EDIT: or Cripple), ETH still adored by South Korea  

[JakaE]

A BTC450 sell wall at $2125.00 on Stamp, once it gets eaten through, expect it to fly to the $2160-70 region or some dipping if it gets cancelled. It's falling fast though, BTC10 at a time!

Yup, lowered to $2125 and a dip bellow $2100 in price :/

...2060 now, BTC390 to go

[starmman]

HOLY SHIT

whats going on in Altcoin-land

Very surprised that alts are still rising - everything has gone crazy over the last few days - I'm out on quite a few positions due to such a crazy pump. Sure it'll be back down again at some point

[European Central Bank]

If that agreement and its participants is true then they almost certainly can get the hashing power to do it. Gotta say I'm slightly shocked there ain't one exchange or developer on there but perhaps they're expected to come on board.

[Asrael999]

And the sell the fact impetus arrives

[spiderbrain]

Wow, such wall nom on bitstamp.

[Ted E. Bare]

Bearstamp

[spiderbrain]

Bearstamp

There's only 59 bitcoins left in that bearwall, down from 350 or so. Not bearstamp for too much longer, I think.

[JakaE]

No sell walls until $2120 region, should be there soon

[lost_in_base]

Most likely we will hit 2200 in 2 hours.
When USA wakes, we will know more

[soullyG]

TFW you wake up and the price has DROPPED to $2123 

[becoin]

Who sold at the bottom?

[lost_in_base]

Who sold at the bottom?

The whale from last night.

TFW you wake up and the price has DROPPED to $2123  

Your screen upside down?

Sings are clear, maybe we knock at 2300 in no time.