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

[JayJuanGee]

When is segwit likely to be activated?

Well according to this website


https://coin.dance/blocks

it is approximately   2480  blocks   (464 blocks left in this period plus 2016 blocks in the next period)


and if there are 144 blocks per day, then that is approximately 17.2 days from today.  That means about August 10 - ish ( or 9-ish or 11-ish).  No?

[bikerleszno]

When is segwit likely to be activated?

Well according to this website


https://coin.dance/blocks

it is approximately   2480  blocks   (464 blocks left in this period plus 2016 blocks in the next period)


and if there are 144 blocks per day, then that is approximately 17.2 days from today.  That means about August 10 - ish ( or 9-ish or 11-ish).  No?

Yeah about 10th august we will fly

[rjclarke2000]

Ok, that makes sense. I guess we will just bounce around until then unless some needless FUD rears it's ugly head.

[Meuh6879]

Update : https://www.xbt.eu/ (144 Blocks)





http://bitcoin.sipa.be/versions.html

[marcus_of_augustus]

No. Fuck. Can't any of you read?

It gets locked in around Aug. 7 (450+2016 blocks from now) and then there is another 2016 block grace period before activation.

Segwit, bip141 goes active on the main chain approx. August 21.

[Last of the V8s]

^^ Plenty of scope for bouncing around for ~month: https://medium.com/@jimmysong/uasf-segwit2x-scenarios-and-timelines-1a540336c4be
2017 July 23 18:00 GMT — BIP91 epoch finishes, BIP91 is activated
2017 July 23 18:00 GMT onward — Every block signals BIP141 (Segwit)
2017 July 27 or thereabouts — New Difficulty Adjustment Period Begins (2016 blocks). Every block will be signaling for Segwit.
2017 August 1 00:00 GMT — BIP148 starts, but does nothing since every block is signaling BIP141 due to BIP91.
2017 August 10 or thereabouts — Difficulty Adjustment Period closes with >95% signaling and BIP141 locks-in.
2017 August 23 or thereabouts — Difficulty Adjustment Period closes and BIP141 (Segwit) is active.

^ yes these timelines will be contracted since he wrote, because we're on 8.9 minute blocks/high hashrate


+ Chinese players - other than Wu Jihan - saying things about BitcoinCash:
https://twitter.com/cnLedger/status/889093703381299200
Star Xu, CEO of OkCoin, on Weibo: BCC is just an altcoin; okex will name BCS (BIP91 coin) as BTC after 8\1.

https://twitter.com/ChandlerGuo/status/889146349710594049
$BCC just shitcoin，$BTC still bitcoin

[marcus_of_augustus]

Fact is, in roughly coterminous timeframes, all Bitcoiners will be forced to can choose between: Change A to Bitcoin (backwardly-compatible, no upgrades required) ; or Change B to Bitcoin (non-backwardly-compatible, mandatory upgrade for all users to the new centralised dictates)

Cheers!

cheers!

[Last of the V8s]

Fact is, in roughly coterminous timeframes, all Bitcoiners will be forced to can choose between: Change A to Bitcoin (backwardly-compatible, no upgrades required) ; or Change B to Bitcoin (non-backwardly-compatible, mandatory upgrade for all users to the new centralised dictates)

Cheers!

cheers!

yeah the fact they've only got one out-and-out supporter in this thread is doubleplus notunreassuring. they just can't be bothered perhaps till November

[yermom]

Already posted this on another topic, but it seems you guys need it

https://www.youtube.com/watch?v=eBYlPVn9UDs

You're welcome

[Last of the V8s]

oh now Wu's all nothing to do with me, just a contigency plan, move along now
https://blog.bitmain.com/en/regarding-bitcoin-cash-viabtc-bitcoin-abc/

[Paashaas]

oh now Wu's all nothing to do with me, just a contigency plan, move along now
https://blog.bitmain.com/en/regarding-bitcoin-cash-viabtc-bitcoin-abc/

Tell that to those bigblockers at r/btc. They think there will be a HF but they are up for a big suprise.

Those noobs have concerted real BTC into that Bitcoin Cash scam, ViaBTC will be happy with all those free money 

[Gyrsur]

oh now Wu's all nothing to do with me, just a contigency plan, move along now
https://blog.bitmain.com/en/regarding-bitcoin-cash-viabtc-bitcoin-abc/

Tell that to those bigblockers at r/btc. They think there will be a HF but they are up for a big suprise.

Those noobs have concerted real BTC into that Bitcoin Cash scam, ViaBTC will be happy with all those free money 

LOL so BitcoinCash is just a joke? proof of concept? will it work?

[Torque]

So it appears the pennant is now complete.

Will the whales put another dime in the juke box, or let it fall? That is the question.

[fluidjax]

If I was going to fork a coin that had a lot of hidden financial support, one strategy would be to weakly launch it, causing many people (like us) to dump their coins for a very low price, these would be all snapped up by the big blockers for peanuts. A few weeks/months later   the real power push with its hidden money, organisation and marketing would step in.

[aesma]

People just make believe bitcoin is whenever they get on the profitable side of a pump and dump.

Gold pumped from $400 to $1900, now down to $1255

Silver pumped from $16 to $50, now down to $16.50

Metals a reliable store of value, you say?

I bought silver at $30 so I am a total idiot and I was devastated as it dropped.

I just wish I'd thrown it all in bitcoin early 2013 instead of silver. We can all look back and say what if I guess....

On the plus side I was buying bitcoin up in the 200s and it's not turned out too bad.

Do not feel bad about that. To a certain degree, the metals $ price is irrelevant because if there is a monetary reset one day, metals pricing will end up orders of magnitude higher. Consider it long term insurance instead of an investment.

In 2013 I bought some bitcoin near the top before the last crash. After that I just continued to cost average down to about ~$500 or so. Now things are looking better. I actually bought a little bitcoin @$900 at the beginning of the year.

One lesson I learned is, buy the majority of a commodity or security when no one wants it and sentiment is in the toilet. Metals are pretty much close to that now. Bitcoin, not so much.  

I don't believe physical money with intrinsic value (silver, gold coins) will ever come back. If WW3 happens then what will be back is barter. In a post-apocalyptic world, silver and gold matter much less than clean water or better a way to make it, food, guns and bullets, etc.

[aesma]

If I was going to fork a coin that had a lot of hidden financial support, one strategy would be to weakly launch it, causing many people (like us) to dump their coins for a very low price, these would be all snapped up by the big blockers for peanuts. A few weeks/months later   the real power push with its hidden money, organization and marketing would step in.

If you have people holding lots of BCCs, and the same people holding lots of cash, then who will be buying the BCCs for the price to rise ?

[Torque]

I don't believe physical money with intrinsic value (silver, gold coins) will ever come back. If WW3 happens then what will be back is barter. In a post-apocalyptic world, silver and gold matter much less than clean water or better a way to make it, food, guns and bullets, etc.

Average Joe on the street: "I don't believe physical money with intrinsic value (silver, gold coins) will ever come back. If WW3 happens then what will be back is barter. In a post-apocalyptic world, silver and gold matter much less than clean water or better a way to make it, food, guns and bullets, etc."

Other person: "So you don't own any gold or silver?"

Average Joe: "Nope."

Other person: "So I'm assuming that by your previous statement then that you've at least stocked up on clean water, food, guns, and bullets in case WW3 did happen?"

Average Joe: "Well, no, not really. I'm a metro man who lives in a one bedroom house in the city on 0.3 acres of land."

Lol, irony.  

[European Central Bank]

Average Joe on the street: "I don't believe physical money with intrinsic value (silver, gold coins) will ever come back. If WW3 happens then what will be back is barter. In a post-apocalyptic world, silver and gold matter much less than clean water or better a way to make it, food, guns and bullets, etc."

Other person: "So you don't own any gold or silver?"

Average Joe: "Nope."

Other person: "So I'm assuming that by your previous statement then that you've at least stocked up on clean water, food, guns, and bullets in case WW3 did happen?"

Average Joe: "Well, no, not really. I live in a one bedroom house in the city."

Lol, irony.  

silver and gold would have value for a 5-10 day period when people believed it was just a blip. if it ain't a blip then they are pieces of metal that take up space in your pocket and nothing else. maybe they'd be worth something a couple of generations down the line if the world was ever rebuilt. 

[aesma]

I don't believe physical money with intrinsic value (silver, gold coins) will ever come back. If WW3 happens then what will be back is barter. In a post-apocalyptic world, silver and gold matter much less than clean water or better a way to make it, food, guns and bullets, etc.

Average Joe on the street: "I don't believe physical money with intrinsic value (silver, gold coins) will ever come back. If WW3 happens then what will be back is barter. In a post-apocalyptic world, silver and gold matter much less than clean water or better a way to make it, food, guns and bullets, etc."

Other person: "So you don't own any gold or silver?"

Average Joe: "Nope."

Other person: "So I'm assuming that by your previous statement then that you've at least stocked up on clean water, food, guns, and bullets in case WW3 did happen?"

Average Joe: "Well, no, not really. I'm a metro man who lives in a one bedroom house in the city on 0.3 acres of land."

Lol, irony. 

I'm not a crazy survivalist type, if WW3 happens your chances are slim regardless of preparation, but ideally, when BTC will have made a rich man out of me, I definitely plan to own a house on some land, I would consider if it can provide access to freshwater, etc. And my underground insulated home theater could double as a shelter, I guess.

[bitserve]

Average Joe on the street: "I don't believe physical money with intrinsic value (silver, gold coins) will ever come back. If WW3 happens then what will be back is barter. In a post-apocalyptic world, silver and gold matter much less than clean water or better a way to make it, food, guns and bullets, etc."

Other person: "So you don't own any gold or silver?"

Average Joe: "Nope."

Other person: "So I'm assuming that by your previous statement then that you've at least stocked up on clean water, food, guns, and bullets in case WW3 did happen?"

Average Joe: "Well, no, not really. I live in a one bedroom house in the city."

Lol, irony.  

silver and gold would have value for a 5-10 day period when people believed it was just a blip. if it ain't a blip then they are pieces of metal that take up space in your pocket and nothing else. maybe they'd be worth something a couple of generations down the line if the world was ever rebuilt. 

^^^^THIS ^^^^

Even having some fertile land in which to grow food will mean almost nothing. Do you think you will be a happy farmer? No.... People will go to take it from you. Without any form of social "government" there is absolutely no productivity. You eat what you take, you take what you can...

But.. But... It is MY land, those are my resources!... yeah, right, go tell em.

Only after there is some EXCEDENTS there will be trade.... and for excedents to be there needs to be productivity.... or a crazy huge population reduction. Yep, only after the population gets to way less than 1% what it is now there will only be chaos, starving, diseases, death, murder, canibalisation,.... The horror.

Only the social construction we have nowadays have allowed the population to grow to current levels and develop the means to sustain it reasonably.

No matter how much someone prepares for an apocaliptic world.... You won't be.

Even in local temporal recent catastrophes money (in any form) was of almost no use.

Why are we even talking about this anyway?