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

[d_eddie]

It currently stands at $460 BCH  / 2700 BTC at Kraken, and $720 BCH  /2700 BTC at Bitterx.   Such a high price is definitely unexpected.

Such a price isn't supported by any significant volume of trades. Only the lucky first will be able to profit from "free money". Free money can exist only for a short time, like virtual particles in quantum mechanics. Then conservation laws kick in without mercy. Give it time.

[bitserve]

Bitstamp will most probably credit BCH to BTC:

https://www.bitstamp.net/article/bitcoin-cash-our-position/

Bitcoin Cash: Our Position

2 AUG 2017

As the dust settles on the recent hard fork, we are now in a position to explain in more detail how we will deal with Bitcoin Cash.

In the run up to the hard fork, we advised our customers that we had chosen not to interact with the UAHF chain, and that those who wanted to receive Bitcoin Cash (BCH) immediately after the fork should withdraw their BTC.

Although this was perhaps not the most convenient way for our customers to receive their BCH funds, it was clearly the best course of action to take to ensure the continued stability and security of our platform. The safety of the funds under our custodianship comes before all other considerations, even if this may cause temporary disruption.

For those of our customers who chose to leave their BTC on our platform at the time of the fork, we recorded their BCH balances for the timestamp of the last common block (block 478558), which is 1 August 2017, 13:16:14 UTC.

These BCH balances will be made available to our customers as soon as it is safe to do so. If and when the
Bitcoin Cash system has been thoroughly tested and is sufficiently stable, we will then consider listing BCH. However, a series of technical, safety and regulatory requirements need to be met in order for this to occur, and it is still too early in the day to make realistic predictions about the timeframes involved.

Please check back here, on our Facebook page and on our Twitter feed for updates as and when they happen.

[Last of the V8s]

https://www.reddit.com/r/Bitcoin/comments/6r4864/coinmarketcap_has_more_traffic_than_ftcom/
dumb and dumber

[Wexlike]

Can't wait for the SegWit2x HF. 

[becoin]

It currently stands at $460 BCH  / 2700 BTC at Kraken, and $720 BCH  /2700 BTC at Bitterx.   Such a high price is definitely unexpected.

I've expected even more provided nobody can sell. Big blocktards can drive price as high as they want. Onlly consideration is if they can sell what they've bought to Ver and Wu.

[Last of the V8s]

Bitcoin Cash
Blocks
Permalink https://blockchair.com/bitcoin-cash/blocks
Height    Hash    Mined on    Miner    Votes    Tx #    Output (BTC)    Output (USD)    Fees (BTC)    Fees (USD)    Fee/kB (USD)    Size (kB)
478573    000000000000000000a818c2894cbbecf77da16ca526e3d59929ce5afd8f0644    2017-08-02 18:01    ?    BIP9    989    28,910.12586245    7,227,531.50    1.26550794    316.38    0.41    766.215
478572    000000000000000000a0341837a540515e7e3a2eb576edfff40ba00580564f77    2017-08-02 16:36    ?    BIP9    187    5,783.57599507    1,445,894.00    0.23261214    58.15    0.48    121.091
478571    0000000000000000012401ef17c6eefc28a25ebc98ac5c085174d5f418ebc3db    2017-08-02 16:20    ?    BIP9    4,331    175,630.10848663    43,907,528.00    3.84935841    962.34    0.21    4,683.334
478570    000000000000000000e29f8c626dd806633e7fe23004126ab4ec157ad720660b    2017-08-02 03:15    ?    BIP9    142    2,490.78003074    622,695.00    0.05702089    14.26    0.17    85.032

feeding frenzy can begin...
...soon https://medium.com/@jimmysong/bitcoin-cash-difficulty-adjustments-2ec589099a8e?

tl;dr 6 blocks' worth of diff adjustments in 4 block's time, bringing it back to ~10 min blocks

[HanvanBitcoin]

Bitcoin Cash
Blocks
Permalink https://blockchair.com/bitcoin-cash/blocks
Height    Hash    Mined on    Miner    Votes    Tx #    Output (BTC)    Output (USD)    Fees (BTC)    Fees (USD)    Fee/kB (USD)    Size (kB)
478573    000000000000000000a818c2894cbbecf77da16ca526e3d59929ce5afd8f0644    2017-08-02 18:01    ?    BIP9    989    28,910.12586245    7,227,531.50    1.26550794    316.38    0.41    766.215
478572    000000000000000000a0341837a540515e7e3a2eb576edfff40ba00580564f77    2017-08-02 16:36    ?    BIP9    187    5,783.57599507    1,445,894.00    0.23261214    58.15    0.48    121.091
478571    0000000000000000012401ef17c6eefc28a25ebc98ac5c085174d5f418ebc3db    2017-08-02 16:20    ?    BIP9    4,331    175,630.10848663    43,907,528.00    3.84935841    962.34    0.21    4,683.334
478570    000000000000000000e29f8c626dd806633e7fe23004126ab4ec157ad720660b    2017-08-02 03:15    ?    BIP9    142    2,490.78003074    622,695.00    0.05702089    14.26    0.17    85.032

feeding frenzy can begin...
...soon https://medium.com/@jimmysong/bitcoin-cash-difficulty-adjustments-2ec589099a8e?

Its going te be red candles everywhere for BCH

Go go BTC!

[bitserve]

Oh no... my free money

[HI-TEC99]

The most important thing is Bitcoin's price is nicely stable. I expected massive volatility with all the fork panic, but it's been fairly flat for the last five days.

[rjclarke2000]

Oh no... my free money

Hmmm, I wasn't quick enough either. I'll sell next pump.

[HanvanBitcoin]

The most important thing is Bitcoin's price is nicely stable. I expected massive volatility with all the fork panic, but it's been fairly flat for the last five days.

Hopefully everyone selling their BCH will purchase more BTC 

[GHCoins45]

Oh no... my free money

Hmmm, I wasn't quick enough either. I'll sell next pump.

same here, do you think there will be a next pump?

[Last of the V8s]

so. farewell then, poloniex?  

[bitserve]

Can you guys please stop dumping like there is no tomorrow and let the kamikaze pumpers do their job?

I have some shit to sell for a higher price.

Thanks.

[Torque]

Before BCH completely implodes from all the selling, the MSM made sure to shat out another Bitcoin FUD hit piece:

Bitcoin cash is already the 3rd-largest cryptocurrency
http://www.businessinsider.com/bitcoin-cash-price-and-marketcap-2017-8

Fave quote:
"Bitcoin cash has secured its place as a top cryptocurrency within a day of entering the marketplace."

Lol

[BlindMayorBitcorn]

so. farewell then, poloniex?  

Polo finally explode?

[Last of the V8s]

so. farewell then, poloniex?  

Polo finally explode?

'server problems'

[BlindMayorBitcorn]

so. farewell then, poloniex?  

Polo finally explode?

'server problems'

I hear there's a pill for that now.

[traincarswreck]

Oh no... my free money

Hmmm, I wasn't quick enough either. I'll sell next pump.

weird how that happens

[Last of the V8s]

so. farewell then, poloniex?  

Polo finally explode?

'server problems'

I hear there's a pill for that now.

FBI is certainly a pill