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

[bitserve]

Relax guys, even ViaBTC is now saying that they intend to adhere to the Segwit2x agreement:

https://www.bitcoin.com/public-service-announcement

As suspected, it was just a game theory move (a ridiculous one though) to exercise some pressure to "guarantee" the second part of the agreement (2x blocksize).

I don't even think the drop has been due to this... it's just a minor correction before propeling to new highs early August.

Are you kidding? They propped this BCC altcoin up for one purpose. As the 2X date approaches, they are going to have loads of fun switching their hashrate back and forth from Bitcoin to BCC blockchain, in an attempt to strong arm the core developers/community and FUD the shit out of the market and cause massive amounts of hysteria, fear and price volatility.

Mark my words. Roger and Jihan will be cackling with glee the whole time.

Not kidding, yet you are probabilistically right. That's why I am NOW (after Segwit passed with flying colors) in favor of the FIXED 2MB blocksize increase. It won't do any harm if done right and it will remove any standing argument for their FUD attempts. Win-Win.

[BlindMayorBitcorn]

The shit winds have started to blow. Batten down the hatches.

https://www.reddit.com/r/btc/comments/6peqwr/if_the_2x_portion_of_segwit2x_fails_to_activate/

[d_eddie]

Relax guys, even ViaBTC is now saying that they intend to adhere to the Segwit2x agreement:

https://www.bitcoin.com/public-service-announcement

As suspected, it was just a game theory move (a ridiculous one though) to exercise some pressure to "guarantee" the second part of the agreement (2x blocksize).

I don't even think the drop has been due to this... it's just a minor correction before propeling to new highs early August.

Are you kidding? They propped this BCC altcoin up for one purpose. As the 2X date approaches, they are going to have loads of fun switching their hashrate back and forth from Bitcoin to BCC blockchain, in an attempt to strong arm the core developers/community and FUD the shit out of the market and cause massive amounts of hysteria, fear and price volatility.

Mark my words. Roger and Jihan will be cackling with glee the whole time.

Not kidding, yet you are probabilistically right. That's why I am NOW (after Segwit passed with flying colors) in favor of the FIXED 2MB blocksize increase. It won't do any harm if done right and it will remove any standing argument for their FUD attempts. Win-Win.

Reasonable thoughts, but I am wary of any on-chain scaling solution that makes it harder to run a full node.

My position is: with segwit working, comes the Lightning Network. With the LN, many more people will want to run a full node, if only to have a LN node up. LN routes on Tor, so the more we are, the merrier. Besides, several small channels can help decentralize the LN, should any bank or similar wish to stake serious collateral to open lots of channels.

Additionally, on the LN there's a chance to collect small fees: for channel operation (they will probably be low or zero, at least at the beginning), or for LN watching, ready to issue a penalty transaction if someone tries to cheat. Stifling growth of the number of nodes at this stage seems unwise to me.

[JayJuanGee]

What's wrong with btc-e?

Offline it seems.

Down for a few hours, now.

Latest update, about an hour ago.

https://twitter.com/btcecom/status/889840066297724928?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

[d_eddie]

I don't think I'm winning micro's ATH game.

I told you... 4 AUG.

There's no way the ATH is broken before 1 AUG has passed away. Also we needed some little correction after the recent surge from the lows of $1900-.

After Aug 1st, right. But they will hurry up to Aug 3rd 

[savetherainforest]

The shit winds have started to blow. Batten down the hatches.

Its good that bitcoin is predictable in these kind of matters...

[aesma]

Some of you doing dollar cost averaging ?

How do you choose your trades ?

[BlindMayorBitcorn]

The shit winds have started to blow. Batten down the hatches.

https://www.reddit.com/r/btc/comments/6peqwr/if_the_2x_portion_of_segwit2x_fails_to_activate/

Best comment

Roger, you wanted big blocks and you're getting them with BCC (8M). Honestly you should support it now instead of waiting for Segwit2x which is 4x less increase. If your logic works both ways, we can expect you to dump all your BCC if the 2x gets adopted.
Am I the only one here who feels you're trying to manipulate users who still trust you with this scam?

[JimboToronto]

Good morning (part 2) Bitcoinland.

I see that since I bought earlier we dipped down a little bit lower then bounced back up some... currently $2588USD (Bitcoinaverage.

Support at $2500?
_____

I'd consider buying some more before the price goes up too much more but I just checked the fees at my nearest ATM and they're up to 11%. That's ridiculous. I paid 3% just a few hours ago. I hope I didn't blow it by only getting a single coin earlier but I thought it might go even lower.

I guess I'll just play it by ear.

[Torque]

The shit winds have started to blow. Batten down the hatches.

https://www.reddit.com/r/btc/comments/6peqwr/if_the_2x_portion_of_segwit2x_fails_to_activate/

Best comment

Roger, you wanted big blocks and you're getting them with BCC (8M). Honestly you should support it now instead of waiting for Segwit2x which is 4x less increase. If your logic works both ways, we can expect you to dump all your BCC if the 2x gets adopted.
Am I the only one here who feels you're trying to manipulate users who still trust you with this scam?

Exactly, if Roger and Jihan really felt that bigger blocks mattered more than the Bitcoin name and community itself, they would have forked off 2 years ago. To create BCC now is just more FUD for more market manipulation. They've been playing both sides this whole time, to make money off the r/btc and ETH and DASH greater fools.

[xhomerx10]

Good morning (part 2) Bitcoinland.

I see that since I bought earlier we dipped down a little bit lower then bounced back up some... currently $2588USD (Bitcoinaverage.

Support at $2500?
_____

I'd consider buying some more before the price goes up too much more but I just checked the fees at my nearest ATM and they're up to 11%. That's ridiculous. I paid 3% just a few hours ago. I hope I didn't blow it by only getting a single coin earlier but I thought it might go even lower.

I guess I'll just play it by ear.

 You were able to find an ATM that had only 3% fees or did you purchase using a different method?

[bankpower]

Didn't make it to vote, but I strongly believe BTC will moon after Aug 1st. Mainstream is the way.

[Dakustaking76]

Why the fuck are poeple like Roger ver trying to manipulate btc with other
Altcoin if you have btc what Will And can go to the moon!!?!?!
Can someone explain me Why for godsake
If we stay strong all together like the apes bitcoin Will go the the galaxys behind this not moon even

Damn...


Weird poeple 

[FractalUniverse]

Can someone explain me Why for godsake

eternal greed and lust for power

[fragout]

Isnt BCC already taken ? https://coinmarketcap.com/currencies/bitconnect/#markets

[pumpmydump]

The shit winds have started to blow. Batten down the hatches.

https://www.reddit.com/r/btc/comments/6peqwr/if_the_2x_portion_of_segwit2x_fails_to_activate/

Best comment

Roger, you wanted big blocks and you're getting them with BCC (8M). Honestly you should support it now instead of waiting for Segwit2x which is 4x less increase. If your logic works both ways, we can expect you to dump all your BCC if the 2x gets adopted.
Am I the only one here who feels you're trying to manipulate users who still trust you with this scam?

I feel that he doesn't want Segwit at all, he only supported Segwit2x so Core UASF wouldn't go through. He wants BCC but he doesn't want to go all in on it yet in case it doesn't get enough traction, so he plays along, for now

[Torque]

Isnt BCC already taken ? https://coinmarketcap.com/currencies/bitconnect/#markets

doesn't matter
https://coinmarketcap.com/currencies/bitcoin-cash/

I've been think about forking a new coin called "Ether Cash". Or "Dash Cash". Maybe both.

Can't decide. But I'm sure they'll be hits right out of the gate.

[BlindMayorBitcorn]

The shit winds have started to blow. Batten down the hatches.

https://www.reddit.com/r/btc/comments/6peqwr/if_the_2x_portion_of_segwit2x_fails_to_activate/

Best comment

Roger, you wanted big blocks and you're getting them with BCC (8M). Honestly you should support it now instead of waiting for Segwit2x which is 4x less increase. If your logic works both ways, we can expect you to dump all your BCC if the 2x gets adopted.
Am I the only one here who feels you're trying to manipulate users who still trust you with this scam?

I feel that he doesn't want Segwit at all, he only supported Segwit2x so Core UASF wouldn't go through. He wants BCC but he doesn't want to go all in on it yet in case it doesn't get enough traction, so he plays along, for now

It's because SegWit is a Trojan horse designed by Blockstream to pervert Satoshi's true vision!

Or something..

[fabiorem]

Isn't all this bitcoin drama the so-called "currency war" between the US and China?

[Elwar]

Why the fuck are poeple like Roger ver trying to manipulate btc with other

My assumption has been that he bought heavily into ETH and wants Bitcoin to fail and be replaced by ETH.