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

[Last of the V8s]

Those of you planning to trade the new altcoin for bitcoins, be careful not to harm your privacy in the process.

I, personally, think Bitcoin Cash is an elaborate scheme to link otherwise mindful bitcoiners to all of their addresses.

Take the necessary precautions.

See here for more explanation
https://www.reddit.com/r/Bitcoin/comments/6p5439/bitcoincash_and_chain_analysis/dkxy1pg/

the lack of true fungibility will bite everyone in the arse sooner or later, no need to blame bitcoin cash.

... and there we have it. The first in the much predicted new round of attacks on bitcoin.

'oh that shit ain't fungible, see, so what we really need is a NEW bitcoin, let's call it BitcoinAnonymous', fork off from ghastly corecoin and rule the world ... anybody?'

No, fuck off, it's fungible and there's no taint or title in bitcoin.

[traincarswreck]

the lack of true fungibility will bite everyone in the arse sooner or later, no need to blame bitcoin cash.

i think u are saying that because coins can be linked to their transactions and identified as such that they are not truly fungible. And furthermore u are suggesting that this is a fatal problem. I also think u are ignoring the fact the usd in cash form have this same property.

If I am correct you haven't done any thinking whatsoever about what u are saying.

[traincarswreck]

the lack of true fungibility will bite everyone in the arse sooner or later, no need to blame bitcoin cash.

i think u are saying that because coins can be linked to their transactions and identified as such that they are not truly fungible. And furthermore u are suggesting that this is a fatal problem. I also think u are ignoring the fact the usd in cash form have this same property.

If I am correct you haven't done any thinking whatsoever about what u are saying.

This is the 2nd time you say I don't know what I'm talking about but don't say where I'm wrong.

Cash is fungible by law but is physically traceable (still impractical). There are no laws enforcing fungibility in Bitcoin and it is fully traceable.

tell me what u are implying will happen and when?

[Last of the V8s]

cash is not 'fungible by law' for the moment http://trilema.com/2017/again-with-the-money-laundering-bullshit/
bitcoin is the law

[traincarswreck]

the lack of true fungibility will bite everyone in the arse sooner or later, no need to blame bitcoin cash.

i think u are saying that because coins can be linked to their transactions and identified as such that they are not truly fungible. And furthermore u are suggesting that this is a fatal problem. I also think u are ignoring the fact the usd in cash form have this same property.

If I am correct you haven't done any thinking whatsoever about what u are saying.

This is the 2nd time you say I don't know what I'm talking about but don't say where I'm wrong.

Cash is fungible by law but is physically traceable (still impractical). There are no laws enforcing fungibility in Bitcoin and it is fully traceable.

tell me what u are implying will happen and when?

I don't know what will happen and I'm highly skeptical of anyone who says when and how things will happen. I merely stating how things are in the present (no true fungibilty or privacy in Bitcoin) and the implications of such by empirical evidence: http://blog.wizsec.jp/2017/07/breaking-open-mtgox-1.html

Its appalling this problem is being ignored for so long and anyone who brings the issue is immediately shot down.

it's not a problem which is why no one cares. That's actually ur clue. Not sure why u quote gox. The theifs have a problem and I suspect Ver's solution is bigger blocks ie low transaction fees. U are literally quoting uncertainty and doubt and giving no falsifiable hypothesis.

[rjclarke2000]

Ok let's get to the point here......is bitcoin going to drop below 2000 tomorrow or can I get on with my work without checking the ticker app on my phone every 5 seconds after 1pm GMT.

[LFC_Bitcoin]

Ok let's get to the point here......is bitcoin going to drop below 2000 tomorrow or can I get on with my work without checking the ticker app on my phone every 5 seconds after 1pm GMT.

Personal opinion - It won't drop below $2000, no. If it does I'm going to seriously load up again though. Missed a great buying opportunity when we saw $18xx not long back.

[d_eddie]

Ok let's get to the point here......is bitcoin going to drop below 2000 tomorrow or can I get on with my work without checking the ticker app on my phone every 5 seconds after 1pm GMT.

Who am I to make predictions? Well, I'll give it a shot anyway. Happen what may, as long as someone's just holding, why would they care? My bet is little will happen because of the BCH fork. Should anything actually happen, it will be a temporary disruption. BTC will probably move along just fine - some disruption happens twice a year on average.

[epinay]

I'm so afraid of it! What happens tomorrow? When exactly will it be?

[fragout]

I'm so afraid of it! What happens tomorrow? When exactly will it be?

12 utc i believe but dont worry about it. judging by the way btc rising now, the market has decided that the fork is meaningless

[rjclarke2000]

I'm so afraid of it! What happens tomorrow? When exactly will it be?

12 utc i believe but dont worry about it. judging by the way btc rising now, the market has decided that the fork is meaningless

Isn't this just people buying btc to get free bch? Or is that a bit of a noob comment.

[Dakustaking76]

The train is moving!!
Poeple who selled there coins are regretting now
Ore we Will see a dip tomorow...

[Meuh6879]

[Torque]

Poeple who selled there coins are regretting now

How would they have sold their coins when they moved them all off the broker sites and exchanges? Lol  

[Meuh6879]

bitcoin is the law

Judge Dredd is ... OK with this.

[Dakustaking76]

Poeple who selled there coins are regretting now

How would they have sold their coins when they moved them all off the broker sites and exchanges? Lol  

Before this many poeple sold there coins i think beceause of the afraidness
And waiting for a dump

But they see now the price is moving up

[Meuh6879]

good for him, the man is living the dream but others have to live in the real world.

"the others, they have Visa/MasterCard" ...

[bitcoinvest]

i just wait patiently to sell the bitcoin cash right after the spit. do you know any exchange to do so ?

[Torque]

"the others, they have Visa/MasterCard" ...

And 3% transaction fees. And 10% inflation. And flat wages. And no savings. And debt.

But bitcoin sux.  

[becoin]

Poor Roger Ver... He doesn't understand bitcoin technicalities. He doesn't understand bitcoin economics. He was lucky until he decided he really is the Bitcoin Jesus. Now fool and his money will be parted.