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

[ImI]

Is Bitstamp referring to lightning network transactions.

Yes. Because the're adding Litecoin this week.

⚡

Nope, i expect they will go one step beyond and will add IOTA.

[promomei]

Guys dont you think ETH or ZEC gonna take BTC positions in the future
So BTC will be much cheaper and ETH with ZEC about 1000 $
 

[gentlemand]

Nope, i expect they will go one step beyond and will add IOTA.

They're a considerably classier operation than Bitfinex and would give a decent amount of signalling before doing that.

[ImI]

Nope, i expect they will go one step beyond and will add IOTA.

They're a considerably classier operation than Bitfinex and would give a decent amount of signalling before doing that.

Let's see.

[empowering]

Is Bitstamp referring to lightning network transactions.

Yes. Because the're adding Litecoin this week.

⚡

Nope, i expect they will go one step beyond and will add IOTA.

LTC will probably launch tomorrow on Bitstamp.... wondering if there will be a LN releated announcment to go with it...... also I wonder if another exchange may join in too... i.e say Coinbase

[starmman]

Is Bitstamp referring to lightning network transactions.

Yes. Because the're adding Litecoin this week.

⚡

Nope, i expect they will go one step beyond and will add IOTA.

LTC will probably launch tomorrow on Bitstamp.... wondering if there will be a LN releated announcment to go with it...... also I wonder if another exchange may join in too... i.e say Coinbase

Bitstamp will be a good option - I can see coinbase dragging their heels - but will probably add if every other exchange does

[Arcteryx]

Moving to AMP now:

Just sick and tired of all this drama that comes with bitcoin.
Ala miners fees going thru the roof, with even casinos asking for triple the amount needed to be able to withdraw from you own wallet.
And the wait for transactions going on and on and on.

Just to hell with it!

[jbreher]

also I wonder if another exchange may join in too... i.e say Coinbase

FWIW, Litecoin is already available on Coinbase.

[Dabs]

The most realistic near future scenario I've seen was in an anime called Gundam Zero, where 300 years into the future, the planet is powered by solar energy harvested from panels in low earth orbit, connected to three orbital elevators. Poor countries had to buy power by setting up microwave antennas. The robots (or mobile suits) were just for fun I guess, hehehe.

That's kinda still ... 300 years from now. I imagine just a few decades to maybe a couple hundred years, someone will just make giant floating solar panel arrays in the equator (in international waters)

Kardashev scale https://en.m.wikipedia.org/wiki/Kardashev_scale

Yeah, and I think we won't even be a full Type 1 civilization in the anime. Maybe Type Half or something. We'd have to completely blanket our planet with solar panels and that's just crazy. 10% of the surface ought to do the trick, then humans would start thinking about going farther out, to the moon, to mars, or whatever.

I don't see how we can turn Earth into Trantor or Coruscant; but we'd all be long dead by that time.


Power production would be decentralized among different private entities or ultra rich individuals, and if any of them mine bitcoins directly, no one would fork it still. Most probably the energy providers will just want to make money selling electricity and could care less what you do with it as long as you paid first. Go make weed, or go make bitcoins, I don't care, here's how much you owe me per kilowatt hour.

[empowering]

also I wonder if another exchange may join in too... i.e say Coinbase

FWIW, Litecoin is already available on Coinbase.

Yeah I was referring to Lightning Network

[empowering]

[elite3000]

Another dump.

Will the price test $2000 again or are we going to see higher lows?

Will the price test $3000 again until august?

[kludzins]

Another dump.

Will the price test $2000 again or are we going to see higher lows?

Will the price test $3000 again until august?

3000*0.35=1050USD
3000-1050USD=1950USD/BTC and then clear road to 4000USD

[Meuh6879]

Great.

https://en.wikipedia.org/wiki/The_Hitchhiker%27s_Guide_to_the_Galaxy_(film)

[empowering]

Great.

https://en.wikipedia.org/wiki/The_Hitchhiker%27s_Guide_to_the_Galaxy_(film)

I read these when I was around 10 years old.

I re-read them again a few years back - still brilliant.

[deepcolderwallet]

Moving to AMP now:

Just sick and tired of all this drama that comes with bitcoin.
Ala miners fees going thru the roof, with even casinos asking for triple the amount needed to be able to withdraw from you own wallet.
And the wait for transactions going on and on and on.

Just to hell with it!

You know what's about this ethereum hype?

1- apart from the obscene fee some speculators paid to be the first to get in some ICOs, the average Ethereum fee is pretty low. And transactions are much more faster;
2- contrary to Bitcoin mining industry, that is awfully centralized, especially in China, anyone with 4 RX-480 GPUs (not even the state-of-art GPU) mining ethereum can get THE SAME AMOUNT TRADING FOR BITCOIN an Antminer S-9 can produce.

Now imagine governments really succeed to shut crypto down (hypothetically, guys, please). What do you do with an 1kWatt sucker Antminer? But in this case, you can play excellent games with your GPUs.

So why pay Jihan more than one thousand dollars for that crap? That's, in my opinion, what's driving ethereum to the moon.

[elite3000]

Another dump.

Will the price test $2000 again or are we going to see higher lows?

Will the price test $3000 again until august?

3000*0.35=1050USD
3000-1050USD=1950USD/BTC and then clear road to 4000USD

Where did you take the 0.35 and why should the price retrace by 35% then go upward? And why the $4k target?

[empowering]

Moving to AMP now:

Just sick and tired of all this drama that comes with bitcoin.
Ala miners fees going thru the roof, with even casinos asking for triple the amount needed to be able to withdraw from you own wallet.
And the wait for transactions going on and on and on.

Just to hell with it!

You know what's about this ethereum hype?

1- apart from the obscene fee some speculators paid to be the first to get in some ICOs, the average Ethereum fee is pretty low. And transactions are much more faster;
2- contrary to Bitcoin mining industry, that is awfully centralized, especially in China, anyone with 4 RX-480 GPUs (not even the state-of-art GPU) mining ethereum can get THE SAME AMOUNT TRADING FOR BITCOIN an Antminer S-9 can produce.

Now imagine governments really succeed to shut crypto down (hypothetically, guys, please). What do you do with an 1kWatt sucker Antminer? But in this case, you can play excellent games with your GPUs.

So why pay Jihan more than one thousand dollars for that crap? That's, in my opinion, what's driving ethereum to the moon.

Even the people involved in Ethereum project- cannot belive how much blind faith money is involved at this point..... that should be a warning sign

[deepcolderwallet]

I know you guys don't appreciate Roger Ver's fake news faucet, but you should take a look at this:
https://news.bitcoin.com/morgan-stanley-regulators-looking-for-a-master-key-to-the-blockchain/

This is f*cking hilarious!

EDIT: The comments are even funnier!

[deepcolderwallet]

You know what's about this ethereum hype?

1- apart from the obscene fee some speculators paid to be the first to get in some ICOs, the average Ethereum fee is pretty low. And transactions are much more faster;
2- contrary to Bitcoin mining industry, that is awfully centralized, especially in China, anyone with 4 RX-480 GPUs (not even the state-of-art GPU) mining ethereum can get THE SAME AMOUNT TRADING FOR BITCOIN an Antminer S-9 can produce.

Now imagine governments really succeed to shut crypto down (hypothetically, guys, please). What do you do with an 1kWatt sucker Antminer? But in this case, you can play excellent games with your GPUs.

So why pay Jihan more than one thousand dollars for that crap? That's, in my opinion, what's driving ethereum to the moon.

Even the people involved in Ethereum project- cannot belive how much blind faith money is involved at this point..... that should be a warning sign

No problem, you can mine that crap and trade for any other crypto, and when ethereum is done, your GPUs are still valuable!