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

[JayJuanGee]

As for actual value,  there is no other value other than somebody willing to buy them from you, and this is true for both BTC and BCH.

There is big difference! Everybody is willing to buy BTC. Only Ver and Wu are willing to buy BCH. Hope that clears your confusion.

That's not correct!


Ver and Wu are not really willing to buy BCH. Only the nutjob peeps on r/btc they convinced of the death of BTC are willing to buy BCH

[In the silence]

The value of bitcoin are still stable at $2700, this was not what i was expecting after the fork. Its supposed to be roller coasters and new ATH.

[JayJuanGee]

Can we get a new poll for the thread? 

What kind of poll do you want?
I'm tempted to make a poll regarding BCC price, but this isn't supposed to be an altcoin thread.

I agree, all that is interesting about BCC is what it means for the price of BTC.

If you do want to make a poll related to BCC, maybe you could ask something pertaining to that, so e.g. whether people think this fork will a) show that the governance model of BTC is working as it should or b) shows the inherent weakness of the governance model of BTC etc. Just thinking out loud here.

Thanks again infofront for maintaining this thread, it's running very well! We can discuss developments that both in the short term and the long term influence the market value of BTC. Walls may not be the most important things in that respect anymore.

Well surely August 1 has passed, so that poll is outdated.

Dates coming up are August 8-10 locking in of segwit, and then two weeks later activation of segwit, so are either of those two events going to affect price, or is the BCH mess or the Altcoin mess going to affect BTC prices? 

I think that there is some questions regarding whether BCH is going to get dumped upon - which would likely be more bullish for bitcoin, as compared to if BCH is successful, which would be a bit more bearish for bitcoin.

I think that the activation of segwit is important and it does coincide with the difficulty adjustment for BCH and whether BTC will pump by then or whether BCH would be dead by then..

Approximately August 22/23 is critical?

[r0ach]

the developments that come AFTER segwait are more important then segwit itself.

Let the developments commence!

[Elwar]

The value of bitcoin are still stable at $2700, this was not what i was expecting after the fork. Its supposed to be roller coasters and new ATH.

i guess the roller coaster bit has been postponed untill after the new ATH.

August 19.

[sgk]

The value of bitcoin are still stable at $2700, this was not what i was expecting after the fork. Its supposed to be roller coasters and new ATH.

i guess the roller coaster bit has been postponed untill after the new ATH.

August 19.

Looking forward to it. This is the time when SegWit activates.

[traincarswreck]

the developments that come AFTER segwait are more important then segwit itself.

Let the developments commence!

I can clear up your misunderstanding and help you align your actions with reality.

[traincarswreck]

I think roger ver might have stole the gox coins with karples and laundered them through btc-e and the btc-guy is negotiating to not be extradited to the US.  Ver has a deal for newly minted chinese miner coins and the chinese miners made a game theory calculation error.  Also Nash redefined einsteins work: http://www.nydailynews.com/news/national/john-nash-tweaked-theory-relativity-death-article-1.2241346

[traincarswreck]

It has to do with inflation theory.  And at first you would think cosmic inflation and monetary inflation are not relevant or related to each other but they are both concepts held up by propriety.

[pfrtlpfmpf]

Pfrtlpfmpf does not have anywhere near 80BTC on Poloniex that he was lending at 5%, because it is very likely that he was lending more than 1 day to earn 4BTC.

Possibility acknowledged. I may have misunderstood pfrtlpfmpf's statement.

YEP!!!!!

Exactamente!!!!

By the way the interest rates have dropped like a stone, and no one seems to want to borrow BTC anymore.  

Every time, you say "pfrtlpfmpf", i lay down and piss myself, i bet you have bitten your tongue by now

[micalith]

so anyone out there think that we'll have to wait until November for ATH conditional on the 2x block size going ahead?

[traincarswreck]

im looking for anyone here who thinks they can hold a candle to me in regard to the macro economic implications of bitcoin

[elrippos friend]

BCC is just anoter shitcoin with no use case like ETH --> Speculators will love it 

[mestar]

Are you retarded Ibian?  You think that merely because 51% of mining power supports something then bitcoin should just change because of that? 

Yes, that is "da law".

Maybe you should think about how unstable such a rule would cause bitcoin to become?

It's been like that since the beginning.  What exactly do you think was unstable?

Where 51% goes, the other 49% follows.

[traincarswreck]

Where 51% goes, the other 49% follows.

hash tag whitepaper. like west vs germany wwx's.

[r0ach]

im looking for anyone here who thinks they can hold a candle to me in regard to the macro economic implications of bitcoin

The fact that you claimed increasing the throughput of bitcoin would have zero benefit to price when everyone knows it's current throughput is poor kinda put you in the mentally impaired category without us needing to go over any other issues.

[traincarswreck]

im looking for anyone here who thinks they can hold a candle to me in regard to the macro economic implications of bitcoin

The fact that you claimed increasing the throughput of bitcoin would have zero benefit to price when everyone knows it's current throughput is poor kinda put you in the mentally impaired category without us needing to go over any other issues.

Found that thought in accepted economic theory.

[bitcoinvest]

well i got my fill of free money. how about you guys  

speaking for free money...
I have a newbie question regarding the claim of BCC.

I have a wallet that had BTC. After the fork i send the BTC to another wallet to be sure.

Now , i install new BCC wallet and put the wallet.dat of the empty now BTC.

I am ok or i need do something more?

hmmm that SEEMS ok

here is another way https://www.youtube.com/watch?v=73xNBMy7V4M

edit: sending your BTC to another wallet before you do this might be more prudent

Good morning all

Anyone that can help... i did both proposals and the Balance is 0 !!
I tried with Bitcoin ABC wallet and waited until fully synced. After i replaced the wallet.dat with my old BTC wallet.dat that before the fork had BTC inside.
I also exported the priv keys to the Electron Cash also balance 0 !!
Any idea???

[micky123]

well i got my fill of free money. how about you guys  

speaking for free money...
I have a newbie question regarding the claim of BCC.

I have a wallet that had BTC. After the fork i send the BTC to another wallet to be sure.

Now , i install new BCC wallet and put the wallet.dat of the empty now BTC.

I am ok or i need do something more?

hmmm that SEEMS ok

here is another way https://www.youtube.com/watch?v=73xNBMy7V4M

edit: sending your BTC to another wallet before you do this might be more prudent

Good morning all

Anyone that can help... i did both proposals and the Balance is 0 !!
I tried with Bitcoin ABC wallet and waited until fully synced. After i replaced the wallet.dat with my old BTC wallet.dat that before the fork had BTC inside.
I also exported the priv keys to the Electron Cash also balance 0 !!
Any idea???

Did you switch to the BCC chain in electron wallet?

Click the network icon on the bottom right of the wallet -> Uncheck "Select Server Automatically" -> Click the "Server" tab -> Right click on "bcc.arihanc.com" -> Click "Use as server"

[bitcoinvest]

well i got my fill of free money. how about you guys  

speaking for free money...
I have a newbie question regarding the claim of BCC.

I have a wallet that had BTC. After the fork i send the BTC to another wallet to be sure.

Now , i install new BCC wallet and put the wallet.dat of the empty now BTC.

I am ok or i need do something more?

hmmm that SEEMS ok

here is another way https://www.youtube.com/watch?v=73xNBMy7V4M

edit: sending your BTC to another wallet before you do this might be more prudent

Good morning all

Anyone that can help... i did both proposals and the Balance is 0 !!
I tried with Bitcoin ABC wallet and waited until fully synced. After i replaced the wallet.dat with my old BTC wallet.dat that before the fork had BTC inside.
I also exported the priv keys to the Electron Cash also balance 0 !!
Any idea???

Did you switch to the BCC chain in electron wallet?

Click the network icon on the bottom right of the wallet -> Uncheck "Select Server Automatically" -> Click the "Server" tab -> Right click on "bcc.arihanc.com" -> Click "Use as server"

No i didn't !!! i just followed your instructions and again Balance: 0 .......
how it's possible?