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

[suzanne5223]

What site do you think I use to keep track of current status?

How should I know, people are weird.

I think you are using a different meaning for CERTAINTY.

Probable certainty then.

Lock-in will be certain when all the needed blocks for lock-in has been mined. That will happen when 41 additional BIP141 blocks have been mined.

No. Activation will be certain once the last lock-in block has been mined.

Wait a minute. Are you serious SegWit was locks today?

Yes.

Because what Theymos said is the SegWit will be lock on Aug 10 and it will be finally activated acouple of weeks i.e SegWit will be activated around 24th Aug, 2017.

It doesn't matter what theymos said, don't do appeals to authority. Nobody can give you an exact time, and August the 10th was an estimate. Due to rising hashrate, the period end (therefore also the time at which it locks in) has come closer. The same happened with the halving last year, which came earlier as blocks were mined on average faster than 10 minutes due to spikes in hashrate.

Ok, thank for the information and I can now understand. I presume the SegWit will be activated wholly after 2weeks which will be 22 Aug, 2017. Is that correct?

[gentlemand]

I see so I need to split myself by importing the private key into a Bitflop wallet. Are there any safe desktop versions that you know of which do not require a download of the full node? Or even a web wallet version?

I have heard Coinomi for the android is safe, any ideas?

Thanks in advance

I used coinomi for bitcoin cash. I assume it's fine but I don't really care.

[conspirosphere.tk]

Ooooh, BCH/BTC ratio back up to 0.11.

Quit tempting me to trade more BCH, dammit !

Those who did not dump bch yet would better wait for a decent pump to dump when it makes the most damage to the enemy and the most cash for you.
I dumped all at once because I hated too much that crap. If it kills BTC I will turn full litecoiner.

[Torque]

Those who did not dump bch yet would better wait for a decent pump to dump when it makes the most damage to the enemy and the most cash for you.

Yeah, that's pretty much exactly what I'm waiting for. I'm 100% convinced that the FUDsters will attempt one more massive attack on Bitcoin, massively shorting/dumping BTC while simultaneously pumping BCH to the moon. They'll combine that with temporarily switching mining rigs over to BCH from BTC.

I'm guessing this shitstorm will happen in late Sept. or Nov. in retaliation for the SegWit2X snub that we all know is likely not going to happen.

[petahashminer]

Still 15 blocks needed for a lock-in.
100% SegWit blocks mined in this lock-in period.
Just 13% SegWit blocks needed for a lock-in!

[conspirosphere.tk]

Well, so much for hoping to wake up to $3,500 USD/BTC.

Going to be just another boring Tuesday by the looks of it.

Well resistance at about $3500 was widely expected. I sold a couple of coins about there and waiting for some significant retracement to buy back.

[Ludwig Von]

Well, so much for hoping to wake up to $3,500 USD/BTC.

Going to be just another boring Tuesday by the looks of it.

Well resistance at about $3500 was widely expected. I sold a couple of coins about there and waiting for some significant retracement to buy back.

Pitty that 3500 USD is not just 3000 €, I was waiting for that to sell a bit... . ( stranded at 2983) 

[MICRO]

3500$ jesus what is going on right now?

[conspirosphere.tk]

Well resistance at about $3500 was widely expected. I sold a couple of coins about there and waiting for some significant retracement to buy back.

Pitty that 3500 USD is not just 3000 €, I was waiting for that to sell a bit... . ( stranded at 2983) 

I trade in euro too, but I used xe.com to convert in euro the TA by DLavrov and his targets.
https://www.tradingview.com/u/DLavrov/
Moreover you can't catch any absolute ceiling or bottom except by luck, so you set your orders with a margin of safety.

[julian071]

Those who did not dump bch yet would better wait for a decent pump to dump when it makes the most damage to the enemy and the most cash for you.

Yeah, that's pretty much exactly what I'm waiting for. I'm 100% convinced that the FUDsters will attempt one more massive attack on Bitcoin, massively shorting/dumping BTC while simultaneously pumping BCH to the moon. They'll combine that with temporarily switching mining rigs over to BCH from BTC.

I'm guessing this shitstorm will happen in late Sept. or Nov. in retaliation for the SegWit2X snub that we all know is likely not going to happen.

I think we are seeing that happening right now. BCH being at 10% of BTC value is ridiculous. Money is about trust, and can you trust the people behind BCH to act responsibly and not out of their own interest? Answering that question sheds ligth on the true value of that thing. Also, BTC is not as high as you would expect with all the absolutely great news there is about it.

Don't underestimate the amount of money that is necessary to keep BCH at this level and keep BTC from skyrocketing.

If I would still have BCH I would sell it ASAP.

[jbreher]

Money is about trust, and can you trust the people behind BCH to act responsibly and not out of their own interest?

I don't think you understand bitcoin. The only thing that makes the entire system work is that Satoshi found the way to align everyone's own interests with what is beneficial for the network as a whole.

[jojo69]

this sucks, where is 4K dammit?

[rjclarke2000]

this sucks, where is 4K dammit?

Segwit lock in =  dump

Makes sense silly

[Gyrsur]

this sucks, where is 4K dammit?

Segwit lock in =  dump

Makes sense silly

buy the rumour sell the news.  

[HanvanBitcoin]

Im expecting more upward movement. No way im selling my stash 

[julian071]

Money is about trust, and can you trust the people behind BCH to act responsibly and not out of their own interest?

I don't think you understand bitcoin. The only thing that makes the entire system work is that Satoshi found the way to align everyone's own interests with what is beneficial for the network as a whole.

I would love it to be that way. It's not that simple unfortunately. The code needs to evolve.

In a way, forking it is of course part of what Satoshi imagined to be part of that evolution. However maintaining that fork and developing it further in a way that benefits all and not just (or primarly) the interests of those that forked it, requires that the people who actually do the developing act accordingly. Naturally one day the developers of what is now BTC Core and the code they develop may be superseded by a better fork, but this is not that fork.

[JimboToronto]

Good morning Bitcoinland.

Another day, another ATH, but this time followed by the correction/profit-taking we all expected... currently $3370USD (Bitcoinaverage).

Meanwhile Altcash has crept up to $370USD.

Waitin' for segwit lock-in and its impact on the mempool. Will it start the influx of institutional money that some people expect?

Go Bitcoin go.

Also, go Altcash go. Isn't it fun watching two coins for the price of one?

[Meuh6879]

10 blocks and it's good : http://segwit.co/



https://www.xbt.eu/  =  Tue, 08 Aug 2017 18:23:31 GMT.

[conspirosphere.tk]

this sucks, where is 4K dammit?

Just go in hibernation for a couple of years and get defrosted at 100K.

https://www.tradingview.com/chart/BLX/F5SaLBke-BTC-to-Reach-100k-in-2020/

[HanvanBitcoin]

10 blocks and it's good : http://segwit.co/



https://www.xbt.eu/  =  Tue, 08 Aug 2017 18:23:31 GMT.

Go Go BTC! up up up we go!