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

[bones261]

And I was thinking Ver accepted the fiasco of his BU project. Now he will try to sabotage segwit: https://www.dashforcenews.com/bitcoin-com-to-dump-segwit2x-roger-ver-might-help-nchain-block-segwit/
Pride, greed and envy are the forces that drive this lunatic.

I followed that link, then listened to https://soundcloud.com/heryptohow/roger-ver-on-craig-wrights-the-future-of-bitcoin-speech. I must say that he has a fair point regarding scaling. I would agree with him, but I certainly don't like the prospect of less decentralisation due to more expensive node tech.

I guess it's down to a choice between two compromises.

Either way, I really think bitcoin is going to split much like Ethereum did.



edit: the only way to avoid a split that I can think of is to accept Segwit2x for now, then get consensus for much bigger block size over the next year...

Problem with Segwit2x is that they are pushing the for block increase soon after Segwit activation. If everything goes according to the plan, the August 1 split will only result in a minor split with those who won't signal for Segwit no matter what. However, there will be the risk for a more substantial split come mid November when the 2M blocks come into play.

[degxtra1]

I know you are old spamer here, but I couldn't resist to save this pic on my handy at this occasion.

[micalith]

And I was thinking Ver accepted the fiasco of his BU project. Now he will try to sabotage segwit: https://www.dashforcenews.com/bitcoin-com-to-dump-segwit2x-roger-ver-might-help-nchain-block-segwit/
Pride, greed and envy are the forces that drive this lunatic.

I followed that link, then listened to https://soundcloud.com/heryptohow/roger-ver-on-craig-wrights-the-future-of-bitcoin-speech. I must say that he has a fair point regarding scaling. I would agree with him, but I certainly don't like the prospect of less decentralisation due to more expensive node tech.

I guess it's down to a choice between two compromises.

Either way, I really think bitcoin is going to split much like Ethereum did.



edit: the only way to avoid a split that I can think of is to accept Segwit2x for now, then get consensus for much bigger block size over the next year...

Problem with Segwit2x is that they are pushing the for block increase soon after Segwit activation. If everything goes according to the plan, the August 1 split will only result in a minor split with those who won't signal for Segwit no matter what. However, there will be the risk for a more substantial split come mid November when the 2M blocks come into play.

That too, yes. But I even a 90/10 or 80/20 split on August 1st will be significant enough to put Bitcoin as a store of value into question. Just watch as Dash, Litecon, Ether etc get heavily hedged.

[hv_]

Shit. Why can't we have a crypto wash out like these days but bitcoin is up same percentage as the rest is down?

 

[FractalUniverse]

it started to fall right after you two posted..  

ok, i put my buy order for fun at 2115 [testing how it feels catching falling bear ]

seems like a good buy yeah there's a bounce each time a bottom is tested then drop continues

I was filled later in the night (finex). added one more lower and now i have another order at 2010.
Taking only small positions, because I know its bearish now and it can go deep below 2000. But in the past, I learned hard way not to short bitcoin, so im jumping in front of bears now making tiny grid here.

[kurious]

If you do have fiat, set sub 2000 bids up.  I did a week ago.

Can't see it holding all the way to the 1st at this rate whatever happens.  And if Segwit signalling doesn't look close at the end of the month it will get messier still; you may be looking at today's price with a wistful nostalgic sigh.

Note:  been away, and about to head off again to where it's light until midnight. However, I'm very happy with the WO survival...  and congrats to infofront for being brave enough to take on the thread. Right man for the job IMHO.

[El duderino_]

If you do have fiat, set sub 2000 bids up.  I did a week ago.

Can't see it holding all the way to the 1st at this rate whatever happens.  And if Segwit signalling doesn't look close at the end of the month it will get messier still; you may be looking at today's price with a wistful nostalgic sigh.

Note:  been away, and about to head off again to where it's light until midnight. However, I'm very happy with the WO survival...  and congrats to infofront for being brave enough to take on the thread. Right man for the job IMHO.

for a very new guy like me, how far do you acctually think the price will drop

and off my stash of btc that i have been buying (actually not knowing what i was buying ) for 1.5year  never sold a coin still just keep holding ??

[becoin]

If you do have fiat, set sub 2000 bids up.  I did a week ago.

Can't see it holding all the way to the 1st at this rate whatever happens.  And if Segwit signalling doesn't look close at the end of the month it will get messier still; you may be looking at today's price with a wistful nostalgic sigh.

Note:  been away, and about to head off again to where it's light until midnight. However, I'm very happy with the WO survival...  and congrats to infofront for being brave enough to take on the thread. Right man for the job IMHO.

for a very new guy like me, how far do you acctually think the price will drop

and off my stash of btc that i have been buying (actually not knowing what i was buying ) for 1.5year  never sold a coin still just keep holding ??

Keep buying! Downside is very limited. We'll see >10000 by the end of this year.

[Lauda]

I followed that link, then listened to https://soundcloud.com/heryptohow/roger-ver-on-craig-wrights-the-future-of-bitcoin-speech. I must say that he has a fair point regarding scaling. I would agree with him, but I certainly don't like the prospect of less decentralisation due to more expensive node tech.

If you think that, then you have absolutely no idea what you're talking about and you're being bamboozled. Roger Ver has absolutely zero credibility when it comes to technicalities, and CW is a scammer. Both have fundamental misunderstanding of SegWit and scaling in general. What their actual agenda is, besides centralization/corporate takeover, is debatable.

I guess it's down to a choice between two compromises.

It's a choice between an actual improvement and one that does nothing besides give a little throughput and centralization.

edit: the only way to avoid a split that I can think of is to accept Segwit2x for now, then get consensus for much bigger block size over the next year...

Again, you have no idea what you're talking about. Segwit2x, aka FrankenSegwit, with their ever changing proposal wants to do a flag day fork in November this year.

If you do have fiat, set sub 2000 bids up.  I did a week ago.

Can't see it holding all the way to the 1st at this rate whatever happens.  And if Segwit signalling doesn't look close at the end of the month it will get messier still; you may be looking at today's price with a wistful nostalgic sigh.

You think that the current movements are entirely related to Segwit and BIP 148 / Segwit2x?

[El duderino_]

If you do have fiat, set sub 2000 bids up.  I did a week ago.

Can't see it holding all the way to the 1st at this rate whatever happens.  And if Segwit signalling doesn't look close at the end of the month it will get messier still; you may be looking at today's price with a wistful nostalgic sigh.

Note:  been away, and about to head off again to where it's light until midnight. However, I'm very happy with the WO survival...  and congrats to infofront for being brave enough to take on the thread. Right man for the job IMHO.

for a very new guy like me, how far do you acctually think the price will drop

and off my stash of btc that i have been buying (actually not knowing what i was buying ) for 1.5year  never sold a coin still just keep holding ??

Keep buying! Downside is very limited. We'll see >10000 by the end of this year.

thanks for the advice the last days where breathe taking   but just to learn understand what do you think acctualy is happening now or is going to happing ( explaind in easy terms and easy english cause i'm normal dutch speaking    )

and i will keep buying dips then

[ivomm]

If you do have fiat, set sub 2000 bids up.  I did a week ago.

Can't see it holding all the way to the 1st at this rate whatever happens.  And if Segwit signalling doesn't look close at the end of the month it will get messier still; you may be looking at today's price with a wistful nostalgic sigh.

Note:  been away, and about to head off again to where it's light until midnight. However, I'm very happy with the WO survival...  and congrats to infofront for being brave enough to take on the thread. Right man for the job IMHO.

for a very new guy like me, how far do you acctually think the price will drop

and off my stash of btc that i have been buying (actually not knowing what i was buying ) for 1.5year  never sold a coin still just keep holding ??

Keep buying! Downside is very limited. We'll see >10000 by the end of this year.

thanks for the advice the last days where breathe taking   but just to learn understand what do you think acctualy is happening now or is going to happing ( explaind in easy terms and easy english cause i'm normal dutch speaking    )

and i will keep buying dips then

Take any advice here with a bit of salt. There are some users like Lauda who are well known for manupulating people to rob their money.

[luckygenough56]

seems like bitcorn is on da road to test 1800 already

[El duderino_]

If you do have fiat, set sub 2000 bids up.  I did a week ago.

Can't see it holding all the way to the 1st at this rate whatever happens.  And if Segwit signalling doesn't look close at the end of the month it will get messier still; you may be looking at today's price with a wistful nostalgic sigh.

Note:  been away, and about to head off again to where it's light until midnight. However, I'm very happy with the WO survival...  and congrats to infofront for being brave enough to take on the thread. Right man for the job IMHO.

for a very new guy like me, how far do you acctually think the price will drop

and off my stash of btc that i have been buying (actually not knowing what i was buying ) for 1.5year  never sold a coin still just keep holding ??

Keep buying! Downside is very limited. We'll see >10000 by the end of this year.

thanks for the advice the last days where breathe taking   but just to learn understand what do you think acctualy is happening now or is going to happing ( explaind in easy terms and easy english cause i'm normal dutch speaking    )

and i will keep buying dips then

Take any advice here with a bit of salt. There are some users like Lauda who are well known for manupulating people to rob their money.

yeah i do take it like you say
bud reading this WO for as long as i'm holding btc and just try to ask different guys on here what most likely going to happen and how its goig affect the price, but in easy terms explaind  and also want to learn more about the technical side of btc cause for now i'm just buying and holding but not really know what i bought ....

[katoon123]

If this is the price now, what will the price be 1st August

[becoin]

If you do have fiat, set sub 2000 bids up.  I did a week ago.

Can't see it holding all the way to the 1st at this rate whatever happens.  And if Segwit signalling doesn't look close at the end of the month it will get messier still; you may be looking at today's price with a wistful nostalgic sigh.

Note:  been away, and about to head off again to where it's light until midnight. However, I'm very happy with the WO survival...  and congrats to infofront for being brave enough to take on the thread. Right man for the job IMHO.

for a very new guy like me, how far do you acctually think the price will drop

and off my stash of btc that i have been buying (actually not knowing what i was buying ) for 1.5year  never sold a coin still just keep holding ??

Keep buying! Downside is very limited. We'll see >10000 by the end of this year.

thanks for the advice the last days where breathe taking   but just to learn understand what do you think acctualy is happening now or is going to happing ( explaind in easy terms and easy english cause i'm normal dutch speaking    )

and i will keep buying dips then

Nothing breathtaking here, business as usual in Bitcoinland. Greedy and overstretched margin longs will get liquidated and their bitcoins expropriated really cheap. Potential HF is a good panic fuel and is quite handy for the purpose of market manipulation.

[starmman]

I was filled later in the night (finex). added one more lower and now i have another order at 2010.
Taking only small positions, because I know its bearish now and it can go deep below 2000. But in the past, I learned hard way not to short bitcoin, so im jumping in front of bears now making tiny grid here.

I've had the same problem with shorting, I think I only won once or twice - I now just tend to buy at various points where I think its the bottom and wait it out (non spread betting)

[Ted E. Bare]

Every time when you hear it is the end of bitcoin you know you can put your buy orders in.

[elrippos friend]

And down we go again yeeeaaahhhhh 

[Luke2939]

Every time when you hear it is the end of bitcoin you know you can put your buy orders in.

lol! exactly! Lots of weak hands selling at whatever price they get when they have to actually buy in truck loads and fill their bags. How sad!

[El duderino_]

If you do have fiat, set sub 2000 bids up.  I did a week ago.

Can't see it holding all the way to the 1st at this rate whatever happens.  And if Segwit signalling doesn't look close at the end of the month it will get messier still; you may be looking at today's price with a wistful nostalgic sigh.

Note:  been away, and about to head off again to where it's light until midnight. However, I'm very happy with the WO survival...  and congrats to infofront for being brave enough to take on the thread. Right man for the job IMHO.

for a very new guy like me, how far do you acctually think the price will drop

and off my stash of btc that i have been buying (actually not knowing what i was buying ) for 1.5year  never sold a coin still just keep holding ??

Keep buying! Downside is very limited. We'll see >10000 by the end of this year.

thanks for the advice the last days where breathe taking   but just to learn understand what do you think acctualy is happening now or is going to happing ( explaind in easy terms and easy english cause i'm normal dutch speaking    )

and i will keep buying dips then

Nothing breathtaking here, business as usual in Bitcoinland. Greedy and overstretched margin longs will get liquidated and their bitcoins expropriated really cheap. Potential HF is a good panic fuel and is quite handy for the purpose of market manipulation.

ok and your opinion for next days up or down

and just for the run i'm in bitcoinland this last weeks where the most intense i think cause its allready 3-4 time it goes from +- 3000 to 2000....

so most important whats is actually going to happen in youre opinion for august 1?? and after?? , is this fork or anything going to happen or most likly not ??