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

[Wexlike]

Of course BCH is going higher. It's near impossible to get BCH to an exchange to dump it. The pumpers are not having to work very hard at the moment.

In the meantime BCH is failing to mine blocks. So much for being the 'faster' bitcoin. They are finding out that it's not so simple to build something that actually works.

They are not failing, they just simply stopped. They will continue after they left the 12h difficulty adjustment window.

[williamuk]

How many of you planned to host a segwit node to get fees?

Bingo. Starving the goose in the process and not understanding that only major players would be able to invest in the infrastructure required to run successful / profitable nodes.

[iTradeChips]

all of you who are frustratedly waiting to get your BCH deposited are lucky. I took the risk of keeping my Bitcoin on Kraken and Coinfloor, so was able to dump very happily at 0.07. FFS, really kicking myself now!

my thoughts exactly. although some of my btc are in my wallet and some on the exchanges. i woke up today ad was surprised to see it trading at bittrex and cryptopia and i was also too happy to dump at around ~0.113. good thing i have some BCH left due to issues.

[Ludwig Von]

I ordered and paid for a Trezor, express delivery, on Monday morning, to catch the BCH, but nothing happens... . Order remains in status unchanged on their webshop page

So probably they are having some unforeseen trouble ?

[Last of the V8s]

@arbedout

[GHCoins45]

0.48 on yobit, damn if I could dump at this price :|

[podyx]

If I had my bitcoin on electrum wallet before fork, do I need to send them to a new electrum wallet or can I send them straight to exchange and still claim BCC?

[traincarswreck]

Lol:

Kraken Exchange‏Verified account @krakenfx  1h1 hour ago
More
 BCH deposits + withdraws may not be available for several days. We won't enable funding until we think it's safe.

[GHCoins45]

If I had my bitcoin on electrum wallet before fork, do I need to send them to a new electrum wallet or can I send them straight to exchange and still claim BCC?

https://bitcointalk.org/index.php?topic=2059111.0

[Last of the V8s]

[becoin]

Why are bigblocktards so dumb?

So much BCH hatred.  The blocks just want to propogate and they're met with a hate movement by Marcus & friends.

uh oh.... something must be wrong when r0ach starts preaching peace and understanding

Definitely something is very wrong with Roachy. He will embrace even central banks if they can kill Bitcoin.

[traincarswreck]

On the one hand the price is skyrocketing!  On the other hand the valuation is largely comprised of the illiquidity:

BCH is currently trading around 0.15 BTC on Kraken. This is double to even triple as much as it was yesterday. However, since many users are still unable to (securely) access their BCH, and almost no exchanges allow for BCH deposits yet, not to mention the slow state of the Bitcoin Cash blockchain to get transactions through, these prices are likely distorted to some extent.
5:10 am ET

“To prevent 51% attack, BCC @bitcoincash deposits to ViaBTC need 20 confirmations before available for withdrawal.”
@ViaBTC
4:59 am ET

Anyone have a solution?

Hopefully this ends up in bch continuing to rise and every one both sides of the civil war getting rich either by selling and/or hodling...

[Last of the V8s]

Anyone have a solution?

Fill your glass with ice, pop in the mint and chopped fruit, pour in the Pimm's, top with lemonade and stir.
To make up a pitcher use the same method, this time with a handful each of the chopped fruit, cucumber and mint leaves

[In the silence]

Despite the FUD going on before the fork date, its unbelievable that the value of Bitcoin cash keep rising.
Bitcoin Cash (BCH)
$668.27 (130.65%)
0.24360100 BTC (129.37%)

[savetherainforest]

If I had my bitcoin on electrum wallet before fork, do I need to send them to a new electrum wallet or can I send them straight to exchange and still claim BCC?

If you had, you would have sold at 200$ ..

[hv_]

BTC hashrate is down from  6.6 Mio Thash (is this 6,6 Exa ?) yesterday

to

Network total   5 548 159 Thash/s

today....

Miners switching over already?

BCC price driven up because of attracting more miners over there ?

[savetherainforest]

BTC hashrate is down from  6 Mio Thash yesterday

to

Network total   5 548 159.100 Thash/s

today....

Miners switching over already?

BCC price driven up because of attracting more miners over there ?

Well, the marked needs some basis for fake confidence. Cuz if they decide they can change sides very quickly. But given the optimism, it is just an act of 'consolidation' / 'assurance' or a fake feeling of security!

[williamuk]

HitBTC accept BCC deposits now. Currently at 0.19 btc

[MelMan2002]

Bittrex and yobit both over $1k for bcc(bch)

[becoin]

BCC price driven up because of attracting more miners over there ?

This will be played many times. Chinese mining cartel will change sides to push BCH exchange rate in different directions fore running market. People know that and effect will be minimal and actually the opposite mainly because many will attempt to fore run the forerunners.