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

[jojo69]

I don't know that anything was "intended" what we have is a pathetic shitshow

[deepcolderwallet]

https://cash.coin.dance/blocks Altcash update:

Blockchain Overview
There have been 1025 blocks mined since the hard fork.

(1452 blocks behind the original chain)


The Bitcoin Cash blockchain is currently operating at 13% of the original chain's difficulty.


The original chain has grown 2.11GB more than the Bitcoin Cash blockchain.


It is currently 8% more profitable to mine on the original chain.

No need to worry, nothing to see here...

[conspirosphere.tk]

WHat percentage of BCH do you guys have in relation to the fork moment? ie: 0%, 50%, 110%....

0%.  Dumped them all at once at the first opportunity.

At which rate if I may ask?

0.1

[bones261]

Altcash update:

Blockchain Overview
There have been 1025 blocks mined since the hard fork.

(1452 blocks behind the original chain)


The Bitcoin Cash blockchain is currently operating at 13% of the original chain's difficulty.


The original chain has grown 2.11GB more than the Bitcoin Cash blockchain.


It is currently 8% more profitable to mine on the original chain.

No need to worry, nothing to see here...

Bitcoin cash is supposed to have a regular difficulty adjustment on their block 479808. They are currently on block 479583. The difficulty will probably adjust by quite a bit downward. If the supporters can hold the market price or even let it slide just a tad, it might become a great mining opportunity. However, there are many SHA256 coins that have brief moments when they are more profitable to mine, and I don't see big hash movements away from BTC at those times. We shall see. Of course, unlike many of the other SHA256 coins, for Bitcoin Cash, the difficulty will not change for another 2016 blocks. So that could be an extended profitable time to mine.

[jbreher]

Are you suggesting that somehow the Blockstream satellite broadcast of the chain will overrun and ACTUALLY  FOR REAL  take over the network/ BTC chain  i.e the longest running chain with the majority of hash power? and somehow subvert it to essentially BlockstreamCoin ?

Not at all. I am suggesting that this action of broadcasting this sequence of blocks that is completely free of even being passed through any non mining nodes, as if it were the One True Chain, exposes that the narrative that non mining fully validating nodes are central to the security of the network, is unmitigated bullshit.

With this, blockstream dashes the myth of the power of the Raspberry Pi.

The entire rationale behind cripplecoin has been ejected by its most ardent adherents.

[Mrpumperitis]

https://cash.coin.dance/blocks Altcash update:

Blockchain Overview
There have been 1025 blocks mined since the hard fork.

(1452 blocks behind the original chain)


The Bitcoin Cash blockchain is currently operating at 13% of the original chain's difficulty.


The original chain has grown 2.11GB more than the Bitcoin Cash blockchain.


It is currently 8% more profitable to mine on the original chain.

No need to worry, nothing to see here...

-3weeks ago
- now
- coming soon
- end of the yr
 

[Ibian]

There have been hundreds of not pretty things over the years. Doesn't matter. Price matters in the long run and little else. Just how humans work.

..so you do agree then, It was not pretty- and it is not over yet, and not to  mention that the next one probably even less pretty.

Yes exactly price matters- and so does perception and ..........trust.

See what happens to the price, if the perception of the trust in cryptocurrency goes down the pan.

Hence my original point.

(I just want us to move past the scaling issue- it would be really great for it to be in the rear view)

I don't care. And of course there will be more nonsense. Politics is inescapable. I am like a fucking sage. I should call myself the very wise pickle, in honor of the deceased very wise frog.

[bitserve]

Are you suggesting that somehow the Blockstream satellite broadcast of the chain will overrun and ACTUALLY  FOR REAL  take over the network/ BTC chain  i.e the longest running chain with the majority of hash power? and somehow subvert it to essentially BlockstreamCoin ?

Not at all. I am suggesting that this action of broadcasting this sequence of blocks that is completely free of even being passed through any non mining nodes, as if it were the One True Chain, exposes that the narrative that non mining fully validating nodes are central to the security of the network, is unmitigated bullshit.

With this, blockstream dashes the myth of the power of the Raspberry Pi.

The entire rationale behind cripplecoin has been ejected by its most ardent adherents.

It is just a satellite broadcast of Bitcoin blockchain made by Blockstream. I am sure soon there will be many other broadcasting either the same blockchain or whatever blockchain they want (waiting for ViaBTC to do it with their BCH blockchain). It's a free market, noone is blocking anyone else to do the same. That's where the decentralisation resides.

[bitserve]

https://cash.coin.dance/blocks Altcash update:

Blockchain Overview
There have been 1025 blocks mined since the hard fork.

(1452 blocks behind the original chain)


The Bitcoin Cash blockchain is currently operating at 13% of the original chain's difficulty.


The original chain has grown 2.11GB more than the Bitcoin Cash blockchain.


It is currently 8% more profitable to mine on the original chain.

No need to worry, nothing to see here...

Do you understand that we are all just considering BCH another altcoin in our portfolio and just waiting for the best trades to increase our BTC?

It's just a natural hedge to use when/if Bitcoin dumps. I don't think anyone has really spent anything on it... except maybe for some Bigblockers.

[Mrpumperitis]

https://cash.coin.dance/blocks Altcash update:

Blockchain Overview
There have been 1025 blocks mined since the hard fork.

(1452 blocks behind the original chain)


The Bitcoin Cash blockchain is currently operating at 13% of the original chain's difficulty.


The original chain has grown 2.11GB more than the Bitcoin Cash blockchain.


It is currently 8% more profitable to mine on the original chain.

No need to worry, nothing to see here...

Do you understand that we are all just considering BCH another altcoin in our portfolio and just waiting for the best trades to increase our BTC?

It's just a natural hedge to use when/if Bitcoin dumps. I don't think anyone has really spent anything on it... except maybe for some Bigblockers.

ffs yes i do, thats why im trying to tell you...you are wrong and misleading others....

Description:
Bitcoin Cash is a split from Bitcoin with a protocol upgrade to fix on-chain capacity. If Bitcoin Cash gets majority of PoW then it becomes de facto Bitcoin. (#1 reason its not an alt)
It will be a Bitcoin without segwit as soft fork, where upgrades of the protocol are done mainly through hard forks, without changing the economic rules of the Bitcoin.
op hostfat staff
https://bitcointalk.org/index.php?topic=2040221.0

aswell as the censorship issue ...
listen to what VB says about bch...its not an alt-coin...

https://www.youtube.com/watch?v=uL9VoxCFqT0
@ 30 secs in...but listen carefully to all and read comments..please

[Torque]

It is just a satellite broadcast of Bitcoin blockchain made by Blockstream. I am sure soon there will be many other broadcasting either the same blockchain or whatever blockchain they want (waiting for ViaBTC to do it with their BCH blockchain). It's a free market, noone is blocking anyone else to do the same. That's where the decentralisation resides.

And ya know if like, Craig Wright would put down the mic and stop ranting and raving for a sec, he could grab his backpack and his Crocodile Dundee hat, hop a camel, ride out into the African desert tundra, sell some of his fancy smancy $20k mining rigs to finance setting up some low cost Bitcoin Cash satellite receivers for the unbanked and underbanked. Then come back, partner with a few sat companies, set up some uplink stations, start broadcasting the Bitcoin Cash blockchain, and voila!
Competition!

^{(yeah like that will ever happen. lazy blowhards can't be bothered, they'd rather bitch and whine.)}

[deepcolderwallet]

ffs yes i do, thats why im trying to tell you...you are wrong and misleading others....

Description:
Bitcoin Cash is a split from Bitcoin with a protocol upgrade to fix on-chain capacity. If Bitcoin Cash gets majority of PoW then it becomes de facto Bitcoin. (#1 reason its not an alt)
It will be a Bitcoin without segwit as soft fork, where upgrades of the protocol are done mainly through hard forks, without changing the economic rules of the Bitcoin.
op hostfat staff
https://bitcointalk.org/index.php?topic=2040221.0

aswell as the censorship issue ...
listen to what VB says about bch...its not an alt-coin...

https://www.youtube.com/watch?v=uL9VoxCFqT0
@ 30 secs in...but listen carefully to all and read comments..please

You can claim it's Bitcoin how many times you want. You can shout over the roofs it's the real Bitcoin.
Useless.
It will never be anything else than a shitcoin DOA.
Time will is telling...

[eXpl0sive]

Someone get this thing above 4500 already!!

[bitserve]

ffs yes i do, thats why im trying to tell you...you are wrong and misleading others....

Description:
Bitcoin Cash is a split from Bitcoin with a protocol upgrade to fix on-chain capacity. If Bitcoin Cash gets majority of PoW then it becomes de facto Bitcoin. (#1 reason its not an alt)
It will be a Bitcoin without segwit as soft fork, where upgrades of the protocol are done mainly through hard forks, without changing the economic rules of the Bitcoin.
op hostfat staff
https://bitcointalk.org/index.php?topic=2040221.0

aswell as the censorship issue ...
listen to what VB says about bch...its not an alt-coin...

https://www.youtube.com/watch?v=uL9VoxCFqT0
@ 30 secs in...but listen carefully to all and read comments..please

I don't agree:

- Bitcoin is Bitcoin, and that is the one we all know as Bitcoin and that has revently adopted Segwit with 100% consensus.

- Bitcoin Cash is a new altcoin that some people and miners have decided to do on their own. As some sort of "airdrop" they decided to use the Bitcoin blockchain... What can I say... uhhh... thanks! I am also thankful to Byteball, CLAMS and Stellar, but those are not Bitcoin either.

- Bitcoin Cash doesn't even support Segwit nor Lighting Networks which is something the market clearly demands as has been demonstrated by Bitcoin recent price surge. Or Litecoin, which is also an altcoin like BCH, price surge. In fact Litecoin is a closer fork to Bitcoin than BCH is. They did not do the blockchain airdrop though.

- I could go on, but this is getting boring and tiresome....

Let's just say that I hope BITCOIN also adopts the 2x blocksize part of the deal in the near future even if just to shut up all the mouths that keep whinning no matter what.


P.S.: If Litecoin, some day, gets the majority of PoW, that won't make it Bitcoin. It would just make Litecoin the dominant CC.

[Elwar]

LOLS, ITS A SCAM
the blockstream satellite are lies, please if you have never researched satellites, then do it, and be surprised and then you will see the scam...
the long con from blockstream to drain funds from the network for personal gain.

I know something about the subject. I don't see what scam do you refer to. PLease enlighten us.

if you have never researched satellites, then do it...while your at it, start looking at n  tesla,his tech, his patents and who stole em  

I have a Bachelor's degree in Telecommunications where we covered satellite technology as well as a Master's in IT. I have worked on military satellite systems. I see no scam in what they are doing. Seems pretty straightforward to me.

[snowdropfore]

holding my bcc seems to be a good choice ,may be it will succes

[deepcolderwallet]

Looks like we'll have a weekend dump this time...
 

[Elwar]

I still have my bcash just because of the long process I went through to secure my private keys that I currently hodl (see my post about destroying my hard drive and burning my computer).

[DaRude]

Looks like someone is betting big on BCC, good riddance. Now back to finding at least one f'ing BCC online wallet

[quetschiquetsch]

LOLS, ITS A SCAM
the blockstream satellite are lies, please if you have never researched satellites, then do it, and be surprised and then you will see the scam...
the long con from blockstream to drain funds from the network for personal gain.

I know something about the subject. I don't see what scam do you refer to. PLease enlighten us.

if you have never researched satellites, then do it...while your at it, start looking at n  tesla,his tech, his patents and who stole em  

I have a Bachelor's degree in Telecommunications where we covered satellite technology as well as a Master's in IT. I have worked on military satellite systems. I see no scam in what they are doing. Seems pretty straightforward to me.

I guess he is just trolling around. Why should somebody shout "Scam" and then don´t give a single argument why this should be a scam (well, except from "inform yourself bla bla bla bla")
But let´s give it another shot: Why should this be a scam?