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

[x2666]

Wait till these guys start buying with at least 5 percent of their fortunes
https://www.forbes.com/billionaires/list/#version:static

It will be impossible for them to acquire without increasing the price by tens of thousands of $

It's just the beginning

I'll go ahead and be contrarian here. Why would these people want to collapse the U.S. Dollar if that is where they house the majority of their wealth. If they wanted to avoid the issue of the price increasing as they acquire they could just... not acquire. And look elsewhere for a cryptocurrency system, hell, even one they themselves create.

Something tells me several of those people already own a few bitcoin anyway.

[empowering]

Wait till these guys start buying with at least 5 percent of their fortunes
https://www.forbes.com/billionaires/list/#version:static

It will be impossible for them to acquire without increasing the price by tens of thousands of $

It's just the beginning

I'll go ahead and be contrarian here. Why would these people want to collapse the U.S. Dollar if that is where they house the majority of their wealth. If they wanted to avoid the issue of the price increasing as they acquire they could just... not acquire. And look elsewhere for a cryptocurrency system, hell, even one they themselves create.

Something tells me several of those people already own a few bitcoin anyway.

the US dollar is doing quite a good job of collapsing itself

[Torque]

Wait till these guys start buying with at least 5 percent of their fortunes
https://www.forbes.com/billionaires/list/#version:static

It will be impossible for them to acquire without increasing the price by tens of thousands of $

It's just the beginning

I'll go ahead and be contrarian here. Why would these people want to collapse the U.S. Dollar if that is where they house the majority of their wealth. If they wanted to avoid the issue of the price increasing as they acquire they could just... not acquire. And look elsewhere for a cryptocurrency system, hell, even one they themselves create.

Something tells me several of those people already own a few bitcoin anyway.

They don't want to see the U.S. Dollar collapse. But it is already collapsing through out of control money printing and zero interest rates.... so their stocks will continue to melt up. At least until the worldwide Bond market implosion happens. Then stocks will fall to a fraction of what they are now.

[David48l]

Good morning Bitcoinland.

Still hanging in over $3kUSD/4kCAD basically going sideways at $3259USD (Bitcoinaverage) while Altcash continues to slide down to $208USD.

As difficulty drops on the Altcash network, transactions will speed up, allowing more people to dump their free altcoins while they can still get something for them.

Let's see what segwit brings.

Many voted for bitcoin price to reach $3,500+ by the end of this month but my prediction something might go over 5000 $+ + because it is going very fast while everyone else holding .

Many of us voted $3500 because it was the highest option available in the original poll and you can't change your vote.

The last 2 options were added after it burst past $3000 a couple if nights ago.

realice dos transacciones, una en bitcoin core y otra en cash.

Fee btc 1.4eur
Fee bcc 0.03eur

No digo mas. Tardarón lo mismo, contando que la dificultad de bcc aun no esta ajustada. Además de la campaña por parte de Core mineros intentando sabotear el ajuste automatico cada 12h. Realmente patetico, pero aquí la gente como corderos con los ojos vendados

[AlexGR]

I wish Satoshi would just suddenly buy an island and come out of hiding.

He could be the cool consultant to unite things.

I remember when Wright was said to be Satoshi and they sent ...the SWAT team to his house.

Yeah, Satoshi better stay undercover.

[YourMother]

Wait till these guys start buying with at least 5 percent of their fortunes
https://www.forbes.com/billionaires/list/#version:static

It will be impossible for them to acquire without increasing the price by tens of thousands of $

It's just the beginning

I'll go ahead and be contrarian here. Why would these people want to collapse the U.S. Dollar if that is where they house the majority of their wealth. If they wanted to avoid the issue of the price increasing as they acquire they could just... not acquire. And look elsewhere for a cryptocurrency system, hell, even one they themselves create.

Something tells me several of those people already own a few bitcoin anyway.

It's a win-win situation for the billionaires.
     - If they buy bitcoin with 5 percent of their fortunes (even at the ridiculous price of 20-30k per BTC), a 20x increase in price will almost double their fortunes. Or you don't believe that bitcoin will go to at least 500k?  .
     - In case FIAT collapses, their fortunes will be preserved, in the form of bitcoins.  

Why not diversify ?

[Torque]

Besides, billionaires don't always make the right decisions.

Let's talk about the time that Warren Buffet bought about 129 million oz of silver at $3.50 to $4/oz. around 2002-2003. Then he dumped all the silver in 2005 around $6/oz.  Good timing on a great trade, right?

By 2007 silver was up to $17/oz.

By 2011 silver was up to $48/oz.

[Ibian]

Besides, billionaires don't always make the right decisions.

Let's talk about the time that Warren Buffet bought about 129 million oz of silver at $3.50 to $4/oz. around 2002-2003. Then he dumped all the silver in 2005 around $6/oz.  Good timing on a great trade, right?

By 2007 silver was up to $17/oz.

By 2011 silver was up to $48/oz.

Yeah, what a loser, only made 260 million buckos. And it took a whole two! years! That is, like, a LONG time.

[bones261]

Besides, billionaires don't always make the right decisions.

Let's talk about the time that Warren Buffet bought about 129 million oz of silver at $3.50 to $4/oz. around 2002-2003. Then he dumped all the silver in 2005 around $6/oz.  Good timing on a great trade, right?

By 2007 silver was up to $17/oz.

By 2011 silver was up to $48/oz.

Furthermore, many of these billionaire's fortunes are not exactly liquid (at least to them.) Much of their fortune is the value of the stocks that they hold for their companies. Why would they liquidate a substantial portion of their interest in their own companies? I'm sure many of them hold their own companies very near and dear to their hearts. Just like Satosi has HODL the vast majority of his bitcoins. Why risk hurting your baby by crashing its market, by liquidating even 5% of your holdings?

[krizniq]

Besides, billionaires don't always make the right decisions.

Let's talk about the time that Warren Buffet bought about 129 million oz of silver at $3.50 to $4/oz. around 2002-2003. Then he dumped all the silver in 2005 around $6/oz.  Good timing on a great trade, right?

By 2007 silver was up to $17/oz.

By 2011 silver was up to $48/oz.

Furthermore, many of these billionaire's fortunes are not exactly liquid (at least to them.) Much of their fortune is the value of the stocks that they hold for their companies. Why would they liquidate a substantial portion of their interest in their own companies? I'm sure many of them hold their own companies very near and dear to their hearts. Just like Satosi has HODL the vast majority of his bitcoins. Why risk hurting your baby by crashing its market, by liquidating even 5% of your holdings?

what about because humans needs to eat at least?
if everybody will only HODL there will be no trade no volumes nothing, so thankfully there are people which are not HODLING till they die....

[Ibian]

Besides, billionaires don't always make the right decisions.

Let's talk about the time that Warren Buffet bought about 129 million oz of silver at $3.50 to $4/oz. around 2002-2003. Then he dumped all the silver in 2005 around $6/oz.  Good timing on a great trade, right?

By 2007 silver was up to $17/oz.

By 2011 silver was up to $48/oz.

Furthermore, many of these billionaire's fortunes are not exactly liquid (at least to them.) Much of their fortune is the value of the stocks that they hold for their companies. Why would they liquidate a substantial portion of their interest in their own companies? I'm sure many of them hold their own companies very near and dear to their hearts. Just like Satosi has HODL the vast majority of his bitcoins. Why risk hurting your baby by crashing its market, by liquidating even 5% of your holdings?

what about because humans needs to eat at least?
if everybody will only HODL there will be no trade no volumes nothing, so thankfully there are people which are not HODLING till they die....

Yeah, we call them weak hands. Their loss is our gain, that's how markets work.

[xhomerx10]

Good morning Bitcoinland.

Still hanging in over $3kUSD/4kCAD basically going sideways at $3259USD (Bitcoinaverage) while Altcash continues to slide down to $208USD.

As difficulty drops on the Altcash network, transactions will speed up, allowing more people to dump their free altcoins while they can still get something for them.

Let's see what segwit brings.

Many voted for bitcoin price to reach $3,500+ by the end of this month but my prediction something might go over 5000 $+ + because it is going very fast while everyone else holding .

Many of us voted $3500 because it was the highest option available in the original poll and you can't change your vote.

The last 2 options were added after it burst past $3000 a couple if nights ago.

realice dos transacciones, una en bitcoin core y otra en cash.

Fee btc 1.4eur
Fee bcc 0.03eur

No digo mas. Tardarón lo mismo, contando que la dificultad de bcc aun no esta ajustada. Además de la campaña por parte de Core mineros intentando sabotear el ajuste automatico cada 12h. Realmente patetico, pero aquí la gente como corderos con los ojos vendados

 We're not blindfolded; it's just that few people here really give a shit about BCH.

[bones261]

Besides, billionaires don't always make the right decisions.

Let's talk about the time that Warren Buffet bought about 129 million oz of silver at $3.50 to $4/oz. around 2002-2003. Then he dumped all the silver in 2005 around $6/oz.  Good timing on a great trade, right?

By 2007 silver was up to $17/oz.

By 2011 silver was up to $48/oz.

Furthermore, many of these billionaire's fortunes are not exactly liquid (at least to them.) Much of their fortune is the value of the stocks that they hold for their companies. Why would they liquidate a substantial portion of their interest in their own companies? I'm sure many of them hold their own companies very near and dear to their hearts. Just like Satosi has HODL the vast majority of his bitcoins. Why risk hurting your baby by crashing its market, by liquidating even 5% of your holdings?

what about because humans needs to eat at least?
if everybody will only HODL there will be no trade no volumes nothing, so thankfully there are people which are not HODLING till they die....

I doubt any of these billionaires have problems obtaining enough to eat. Unless they are stricken by some kind of eating disorder. Even in the event of total financial collapse; I'm sure they have enough assets to barter to keep themselves well fed.

[krizniq]

you mentioned Satoshi, who is billionaire (virtually as he did not spend one coin yet) so..... hodling till death?

[Meuh6879]

BCH transaction are getting much faster today
Look at here : https://blockchair.com/bitcoin-cash/blocks

  Last column ...   is DIFFICULTY.

Code:

478651 	2017-08-06 08:36 	23 	39.242 	 	8,000.000 	144323701657.02
478650 	2017-08-06 08:33 	70 	43.457 	 	8,000.000 	144323701657.02
478649 	2017-08-06 08:25 	429 	356.519 	8,000.000 	144323701657.02
478648 	2017-08-06 07:19 	124 	59.328 	 	8,000.000 	144323701657.02
478647 	2017-08-06 06:59 	212 	135.036 	8,000.000 	180404627071.27
478646 	2017-08-06 06:25 	126 	65.945 	 	8,000.000 	225505642691.99
478645 	2017-08-06 06:08 	287 	321.857 	8,000.000 	225505642691.99
478644 	2017-08-06 05:53 	1,082 	999.143 	8,000.000 	225505642691.99
478643 	2017-08-06 02:21 	545 	493.871 	8,000.000 	225505642691.99

51% attack is more easy now ... than ever in the REAL BITCOIN Network.

[bones261]

you mentioned Satoshi, who is billionaire (virtually as he did not spend one coin yet) so..... hodling till death?

It's beginning to look that way. Most coin developers would have dumped their coins long ago. Look at what Vitalik Buterin did.

[Odalv]

....... talking of dumps

I wonder how much longer will BCH hold $200 for 

So what happens if I send BCH to exchange (or somebody).
Can anybody publish same transaction on BTC network and take my Bitcoins ?

[Last of the V8s]

https://www.youtube.com/watch?v=7x5qF7vI-Sc
ThickAsThieves smokes a blunt with Vinny Lingham and the WCN irregulars

[bones261]

....... talking of dumps

I wonder how much longer will BCH hold $200 for  

So what happens if I send BCH to exchange (or somebody).
Can anybody publish same transaction on BTC network and take my Bitcoins ?

No, your private key is not exposed by the transaction hash, anymore than it is exposed on the regular Bitcoin chain. (edit: unless there is a bug that we don't know about.) However, are the wallets that run BCC free of bugs that could expose your private keys? The common wisdom is to move your bitcoin away from any private keys that you may import into BCC software. Even Trezor isn't confident that their BCC wallet is bug free. Just look at all of their disclaimers. https://blog.trezor.io/claim-bcash-bitcoin-cash-bch-bcc-trezor-wallet-f0a810d5864a

[shaggy404]

you mentioned Satoshi, who is billionaire (virtually as he did not spend one coin yet) so..... hodling till death?

Most likely, he's already dead:
https://seebitcoin.com/2016/05/everything-makes-sense-if-david-kleiman-was-satoshi-nakamoto-heres-why/