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

[podyx]

Hey so what do I need to do before august 1? I have some on exchange, do I need to send them to a wallet?

[jojo69]

Hey so what do I need to do before august 1? I have some on exchange, do I need to send them to a wallet?

that is what most seem to be suggesting

[JayJuanGee]

JJG, I like how you read into what people say and twist it to suit your bias/agenda, as opposed to what they actually say.

Which is why no one here actually takes you seriously, or really cares what you think. Like at all. You're like the special needs court jester of the WO.   Tolerated for the amusement factor but that's all.

Please, please, pleeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeez. stop quoting him.

Oh?   Because, you, PoolMinor, likely have some better theories about what is going to cause the price to move in one direction or another...   By now, you have probably covered your short from the lower $1,000s, right?  One nutjob joining forces with another kind of nutjob.      Maybe should try to find some humor in this?       

[Icygreen]

So an already thin market will be paper thin on the 1st.  What could possibly happen.

[drbrockcoin]

So I have £2000 sitting in the bank and Im thinking is it worth to buy 1BTC in order to take advantage of the Bitcoin Cash? Would not usually want to buy when the price is so high right now but I dont see it going down much before the 1st of August and there is potential for some free cash even if the price of BCC may only be about 2/300 pounds its still free money, although then again would that bring the price of BTC down or would the price of BTC not be affected by the price BCC is trading in?

Any info, suggestions would be great  

The only way that I can see that this would effect the BTC market negatively is if they establish a BCC for fiat market. Then any whales who support BCC can dump their BTC for fiat and then bolster the BCC market with fiat. I suppose this could work if other alternate markets would be available. This strategy will not work as well if the only viable trading pair is BTC/BCC. The whale would then have to decide to either use their BTC to bolster BCC market or dump their BTC to harm BTC market. They couldn't do both.

Ok so to clarify if there is NO BCC/USD pairing then the price of BTC today does NOT equal the price of BTC post fork + BCC?

In other words if I buy 1BTC (£2000) and then get 1 BCC (say it comes valued at 0.1BTC) then I sell and end up with 1.1 BTC (£2200),? Am  I correct in thinking this way?

BTW I hope BCC comes priced at at least 0.25BTC but we can all dream right?

Thanks for your input  

There are other factors that could effect the BTC/USD market though. There is absolutely no guarantee that the BTC/USD will remain stable. (In fact it is practically assured that the BTC/USD price will always be volatile.) You could still end up with less than (£2000) or more than (£2200).

EDIT: I just read Kraken's statement and they will be offering BCH/USD and BCH/EUR pairs, so this really could hurt the BTC/USD and BCH/EUR markets.

Yes I realize there are other factors Im just saying as an example... however it seems since you mentioned Kraken will be trading BCH for FIAT then possibly not going to be as predictable as Id like lol
Will just have to see how this plays out

[notme]

Actually I'm not going to even touch it.

I was worried about the market, if people start dumping BCC and it uses the same addresses as BTC, then BTC will de dumped altogether.

https://www.bitcoincash.org, click the FAQ link.

BCC (or BCH as most exchanges are calling it) will be an entirely separate blockchain, but it will share a history with BTC.  If you have BTC at the time of the fork, you will have the same number of BCH.  The private key for your BTC can be used to sign a BCH transaction.  However, the transaction format has been updated for BCH in a way that BCH transactions are not valid on the BTC chain and BTC transactions are not valid on the BCH chain.  There will be no replay attacks.  It will be impossible to screw up a split.  If you don't trust any BCH wallets, move your bitcoins before importing the private keys.  Selling one will not sell the other.

[infofront]

some exchange will help you no doubt, maybe Kraken

Thanks. More exchanges by the day. And yes, Kraken currently looks like a front-runner. While my trading stash (i.e., the Bitcoin not locked up in cold storage) is but a small fraction of my Bitcoin holdings, it's still a sizable chunk-o-change. I'd hate to leave it on an exchange that doesn't honor the BC split.

That might be the game of some of the crooks, but most of the names on that list have conviction and big bags. I think you underestimate this.

Cheers! XD

These are the same clowns that stood behind Bitcoin XT, Bitcoin Classic, Bitcoin Unlimited, Bitcoin ABC and so on. How can I take them seriously?

These 'clowns' have conviction and big bags. BlindMayorBitcorn said so themself. How can you not take them seriously?

Lambos > Convictions

[fluidjax]

Based on this interview with Roger, he fully supports BCC and may well be prepared to sacrifice BTC to ensure it's success.

You can clearly see his passion for Bitcoin, but perhaps the interviewer caught him at a bad time, or at the end of the day, but it looks to me like he can barely contain the very angry man inside himself.

http://www.zerohedge.com/news/2017-07-28/bitcoin-civil-war-over

[0rganic]

Based on this interview with Roger, he fully supports BCC and may well be prepared to sacrifice BTC to ensure it's success.

You can clearly see his passion for Bitcoin, but perhaps the interviewer caught him at a bad time, or at the end of the day, but it looks to me like he can barely contain the very angry man inside himself.

http://www.zerohedge.com/news/2017-07-28/bitcoin-civil-war-over

BTC is for BTCitter

[Slow death]

Maybe I should make a new thread about it.  

You should make a thread about it, just do not make the mistake of creating self-moderated topic, because your hand will have pains for deleting posts

Based on this interview with Roger, he fully supports BCC and may well be prepared to sacrifice BTC to ensure it's success.

You can clearly see his passion for Bitcoin, but perhaps the interviewer caught him at a bad time, or at the end of the day, but it looks to me like he can barely contain the very angry man inside himself.

 



"Is The Bitcoin Civil War Over?"





Bitcoin cash became the subject of the moment, every time I open a site to read news I see:

what every bitcoiner should know about bitcoin cash

"So far several of the biggest bitcoin mining pools have stated that there’s a possibility they may direct hashrate towards the Bitcoin Cash chain. This includes Bitmain’s Antpool, BTC.top, Viabtc, and Connect BTC. "

https://news.bitcoin.com/what-every-bitcoiner-should-know-about-bitcoin-cash/

As the bitcoin crash reached its maximum of $900 i imagine that many people must be thinking that they will win the lottery with this bitcoin crash

[ivomm]

Yes. In my math, $403 is exactly between 1% and 2% of $2759. </s>

And you call that math?!?!? Jesus, I wonder how many 'traders' trade by such math 

[r0ach]

Ver is demonized as the bad guy on the forum, but the lightning network doesn't actually function in a decentralized manner, so he might end up being on the right side of history in the end assuming there is no small block miracle scaling solution (it's not gonna be payment channels...that will just benefit interbank transactions)

[Globb0]

Evening gents, been reading your posts regarding moving coins to cold storage as per usual plenty info, thanks. Sure most long term holders already have plans in place for 1st August. So where dose this leave liquidity on the exchanges over the next 3 days? are we in for a wild ride.

Arent they mostly shutting things down as well.

I still also wonder if it leaves the prob for a move.

If coins are frozen anywhere then there is incentive to move the price to trap them or grab them?

[JayJuanGee]

Based on this interview with Roger, he fully supports BCC and may well be prepared to sacrifice BTC to ensure it's success.

You can clearly see his passion for Bitcoin, but perhaps the interviewer caught him at a bad time, or at the end of the day, but it looks to me like he can barely contain the very angry man inside himself.

http://www.zerohedge.com/news/2017-07-28/bitcoin-civil-war-over

He has been emotional for quite a long time.  He acts like a little girl.  You would think that he would be able to channel his emotions and become more manly through martial arts - .. and then when he invests in a loser project, I am not sure if he is going to make money or lose money through his seeming state of desperation... maybe he can divest all of his bitcoins into this new project at some meaningful time... pumpy and dumpy?

[DeathAngel]

Roger Ver must be rich as hell, I don't know why he even bothers any more. He should just cash the majority of his crypto holdings in & enjoy life.

[Armando]

Roger Ver must be rich as hell, I don't know why he even bothers any more. He should just cash the majority of his crypto holdings in & enjoy life.

Money is probably the hardest drug, once you are on it, it's super hard to stop 

[luckygenough56]

time to exit crypto for a while, i see sell off soon

eth selloff already started, next is bitcoin when they sell for fiat

many noobs will be dumped on news as always

just my opinion tho 

[Wexlike]

Roger Ver must be rich as hell, I don't know why he even bothers any more. He should just cash the majority of his crypto holdings in & enjoy life.

It's not about the money, it's about the ego.

[fluidjax]

Posted March 13th

Scariest shit I read all day.... to think we just ended up here is naive.

https://twitter.com/bergealex4/status/841240903503114241

[xhomerx10]

Roger Ver must be rich as hell, I don't know why he even bothers any more. He should just cash the majority of his crypto holdings in & enjoy life.

 The Bitcoin Jesus' life probably isn't going to improve by retiring from crypto.  I think he enjoys starting up crypto-companies and making them profitable and I'm pretty sure that I personally benefit from the fruits of his labour so from my perspective, more power to him.  

 What exactly do you mean by "enjoy life"?  If you were Roger Ver, how would you enjoy life after cashing in?  Maybe he just needs some better ideas.