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

[bitserve]

PUMP IT UP!

https://www.youtube.com/watch?v=9EcjWd-O4jI

[quetschiquetsch]

True. I installed the Electron shitwallet on my cellphone and guess what? It changes THE REAL ELECTRUM config, so the Electrum started looking for my xpub on the shitcash chain. I had to uninstall and reinstall Electrum (just erasing the blockchain headers file did nothing) after recovering from the heart attack I had when I saw zero balance on my wallet...

that's just....poor, wow

I don´t want to advertise that (maybe shit) Electron Cash, but it worked smooth for me. Just installed it on another computer, transferred my BTC to another wallet, inserted the seed, got the BitCoinCash, sent them to an exchange, deleted electron cash and sent BTC to a new wallet...
I was just afraid this electron cash might steal my BitCoinCash, but nothing happened (except the things supposed to happen). So, i did not use it that much, but just for claiming the CashStuff it worked easy and fine for me...

[bones261]

True. I installed the Electron shitwallet on my cellphone and guess what? It changes THE REAL ELECTRUM config, so the Electrum started looking for my xpub on the shitcash chain. I had to uninstall and reinstall Electrum (just erasing the blockchain headers file did nothing) after recovering from the heart attack I had when I saw zero balance on my wallet...

that's just....poor, wow

I don´t want to advertise that (maybe shit) Electron Cash, but it worked smooth for me. Just installed it on another computer, transferred my BTC to another wallet, inserted the seed, got the BitCoinCash, sent them to an exchange, deleted electron cash and sent BTC to a new wallet...
I was just afraid this electron cash might steal my BitCoinCash, but nothing happened (except the things supposed to happen). So, i did not use it that much, but just for claiming the CashStuff it worked easy and fine for me...

Even a broken clock is correct two times a day.

[BlindMayorBitcorn]

hand-crafted cold wallet fresh from our bespoke assembly line in Poland.

Cryptosteel Wallet will be packaged in bespoke, handcrafted Rafael Akahira – Mutant packaging.

teehee

dafuq?

Packaged in bespoke packaging, off a bespoke assembly line. Is funny. But I digress.

[Elwar]

True. I installed the Electron shitwallet on my cellphone and guess what? It changes THE REAL ELECTRUM config, so the Electrum started looking for my xpub on the shitcash chain. I had to uninstall and reinstall Electrum (just erasing the blockchain headers file did nothing) after recovering from the heart attack I had when I saw zero balance on my wallet...

that's just....poor, wow

I don´t want to advertise that (maybe shit) Electron Cash, but it worked smooth for me. Just installed it on another computer, transferred my BTC to another wallet, inserted the seed, got the BitCoinCash, sent them to an exchange, deleted electron cash and sent BTC to a new wallet...
I was just afraid this electron cash might steal my BitCoinCash, but nothing happened (except the things supposed to happen). So, i did not use it that much, but just for claiming the CashStuff it worked easy and fine for me...

Electron Cash searches for an existing Electrum wallet and overwrites it.

[r0ach]

Whoever thinks bitcoin can't be destroyed with ease when it's network traffic isn't even obfuscated should take a look at the case of The Daily Stormer, who big corporations have essentially censored it from the internet in a time span of two days:

https://blog.cloudflare.com/why-we-terminated-daily-stormer/

https://www.rferl.org/a/u-s-neo-nazi-website-russian-domain-daily-stormer/28680409.html

First they came for the nazis, but I didn't speak out, because I was not a nazi.

You understand the technical differences between a server-based Hosting and DDoS Protection and a decentralized peer-to-peer Network?

Doesn't matter.  The Cloudflare CEO guy's point was clear, that there is already a monopoly on the internet where all it takes is a couple of corporations - let's say ISP providers such as Comcast and AT&T - to blacklist something and it's gone if the traffic is not completely obfuscated.  You can't blacklist gold and silver from existing, but the internet is already a corporate and/or government monopoly so it's not hard to do with anything here.  

Without the govt even outlawing something, corporations can destroy it just as easy.  Yea yea, you can then log onto a Somalian bitcoin exchange via proxy after all 1st world mining and exchanges are shut down, but nobody even accepts bitcoin in native form.  The only places that accept bitcoin do so with Bitpay and immediately convert to fiat.  Remove the ability to convert to fiat and bitcoin is useless.  It's current existence is a centralized currency that's a derivative of another currency, while only gold and silver are actually money.

The only reason the government allows this nonsense to exist for now is to try and acclimate the goyim into the de-cashing of society and integration into a digital only slave currency control grid.  That and to try and prevent people from buying gold and silver because the market is stretched too thin and they're running out of metals to deliver which would blow up their ponzi.

[Ibian]

I couldn't pay for a drink anywhere in the world with money from my own country, even at multiple times the value. Just not how the world works. And even less so with your stupid metal, bug. What are you even trying to achieve here?

[Dakustaking76]

Were going on a weekend dump?  
What Does the charts saying?

[STT]

Why did BCC rise back some on pretty strong volume.   Is that just random or for some reason relating to bitcoin at all.

I'm looking at the price action for August on Kraken and the whole of August we've been in a regular price channel.   Thats very strong action, dont even normally see this because bitcoin is so volatile its too loose to keep something regular normally attributed to maybe stocks in movement.  

I spotted a few people talking negatively, maybe surrounding the 4,000 line but its acting strong overall up until it breaks that channel.  Actually last day or so it was trying to break out upwards if anything

[BlackFlag]

Why did BCC rise back some on pretty strong volume.   Is that just random or for some reason relating to bitcoin at all.

I'm looking at the price action for August on Kraken and the whole of August we've been in a regular price channel.   Thats very strong action, dont even normally see this because bitcoin is so volatile its too loose to keep something regular normally attributed to maybe stocks in movement.  

I spotted a few people talking negatively, maybe surrounding the 4,000 line but its acting strong overall up until it breaks that channel.  Actually last day or so it was trying to break out upwards if anything

good time to dump your Bcash now (if you not already haven't), somebody trys to get back the miners to the Bcash network by pumping it.
as seen on 8th of August where the difficulty was also adjusted and the hashrate dropped.


https://bitinfocharts.com/de/comparison/hashrate-btc-bch.html#3m


https://cash.coin.dance/blocks

[quetschiquetsch]

True. I installed the Electron shitwallet on my cellphone and guess what? It changes THE REAL ELECTRUM config, so the Electrum started looking for my xpub on the shitcash chain. I had to uninstall and reinstall Electrum (just erasing the blockchain headers file did nothing) after recovering from the heart attack I had when I saw zero balance on my wallet...

that's just....poor, wow

I don´t want to advertise that (maybe shit) Electron Cash, but it worked smooth for me. Just installed it on another computer, transferred my BTC to another wallet, inserted the seed, got the BitCoinCash, sent them to an exchange, deleted electron cash and sent BTC to a new wallet...
I was just afraid this electron cash might steal my BitCoinCash, but nothing happened (except the things supposed to happen). So, i did not use it that much, but just for claiming the CashStuff it worked easy and fine for me...

Electron Cash searches for an existing Electrum wallet and overwrites it.

Thats why i used another machine (pretty old laptop i did not use for years and will hardly ever use again, probably except for claiming some other fork coins  ). Electrum has never been there and electron cash has never seen my all day computer...

Were going on a weekend dump?  
What Does the charts saying?

I even don´t trust the charts or anything right now. 2-3 days ago it looked the same (even more bearish in my personal opinion) and then we got a 200$ pump

[Ibian]

Too early to dump clonecoin. I want 1k. Euro.

[bitserve]

BIP 141 (Segregated Witness) activation is scheduled to take place in: 761 Blocks <- 5.2 Days.

[r0ach]

I don't have anything against Gmaxwell, but comments like this point out that bitcoin is nothing more than a technocratic dictatorship:

the 2MB from segwit is more than enough for current loads

How can you even claim something is "decentralized" when people speak like this in the demeanor of a central planner in Beijing?  Yea yea, we've heard the "only rocket scientists should be allowed to design the rockets" meme before, but there's no reason anyone should willfully submit themselves to a technocracy when you can live as a free man with no ruler and just use gold and silver instead.  Bitcoin is a step BACKWARDS in freedom, not forwards.

Centralized mining, centralized development, price based on artificial scarcity of coin count, fee system that doesn't work without artificial scarcity of block size.  The whole thing is honestly a complete joke compared to metals.  If anything is based around magic numbers and artificial scarcity, any price above zero is also going to be artificial.  

Promoting that everyone on earth use the same artificially scaling constrained coin is also an extreme pro-usury stance since it's inevitable fees would be astronomical (LN doesn't work in a decentralized manner either to fix that). The only way to fix it would be a dynamic block size like Monero, but then people would just pile onto it and it would cease functionining and implode anyway.  There are no solutions to any of this stuff.  All roads in digital currency lead to a huge step backwards from gold and silver in terms of sound money and freedom.

[Elwar]

Why did BCC rise back some on pretty strong volume.   Is that just random or for some reason relating to bitcoin at all.

I'm looking at the price action for August on Kraken and the whole of August we've been in a regular price channel.   Thats very strong action, dont even normally see this because bitcoin is so volatile its too loose to keep something regular normally attributed to maybe stocks in movement.  

I spotted a few people talking negatively, maybe surrounding the 4,000 line but its acting strong overall up until it breaks that channel.  Actually last day or so it was trying to break out upwards if anything

A week or so ago someone queried why Ver doesn't just dump all of his bitcoins into bcash to pump the price. His response was something along the lines of "I'm seriously considering doing this". Perhaps this was that action.

[quetschiquetsch]

Mhm, I´am afraid BTC is really on his way to become more and more successful. There have been times when Roachi´s statements where at least worth answering it, but now he seems to run out of troll fud, he just keeps posting the same rigged "arguments" (what a shame to use this word in this situation) full of simply wrong statements and conclusions.... Not even worth to point out, where and why he is wrong because it´s clear for 99% of the readers anyway... roachi, this is to much, you are overshooting it. Loosing all your troll credibilities, what a pity 

[quetschiquetsch]

Why did BCC rise back some on pretty strong volume.   Is that just random or for some reason relating to bitcoin at all.

I'm looking at the price action for August on Kraken and the whole of August we've been in a regular price channel.   Thats very strong action, dont even normally see this because bitcoin is so volatile its too loose to keep something regular normally attributed to maybe stocks in movement.  

I spotted a few people talking negatively, maybe surrounding the 4,000 line but its acting strong overall up until it breaks that channel.  Actually last day or so it was trying to break out upwards if anything

A week or so ago someone queried why Ver doesn't just dump all of his bitcoins into bcash to pump the price. His response was something along the lines of "I'm seriously considering doing this". Perhaps this was that action.

I´am not sure that this is/was it... I expect some further pumps coming in. They adjust their difficulty down, pump the price up and it will be most probably more effective (considering earning money) to mine the BitCoinCash chain for a while... I would keep pumping it then. There won´t hardly come better and easier situations to step in to the spotlight. Am I wrong?

[ghandi]

Whoever thinks bitcoin can't be destroyed with ease when it's network traffic isn't even obfuscated should take a look at the case of The Daily Stormer, who big corporations have essentially censored it from the internet in a time span of two days:

https://blog.cloudflare.com/why-we-terminated-daily-stormer/

https://www.rferl.org/a/u-s-neo-nazi-website-russian-domain-daily-stormer/28680409.html

First they came for the nazis, but I didn't speak out, because I was not a nazi.

You understand the technical differences between a server-based Hosting and DDoS Protection and a decentralized peer-to-peer Network?

Doesn't matter.  The Cloudflare CEO guy's point was clear, that there is already a monopoly on the internet where all it takes is a couple of corporations - let's say ISP providers such as Comcast and AT&T - to blacklist something and it's gone if the traffic is not completely obfuscated.  You can't blacklist gold and silver from existing, but the internet is already a corporate and/or government monopoly so it's not hard to do with anything here.  

Without the govt even outlawing something, corporations can destroy it just as easy.  Yea yea, you can then log onto a Somalian bitcoin exchange via proxy after all 1st world mining and exchanges are shut down, but nobody even accepts bitcoin in native form.  The only places that accept bitcoin do so with Bitpay and immediately convert to fiat.  Remove the ability to convert to fiat and bitcoin is useless.  It's current existence is a centralized currency that's a derivative of another currency, while only gold and silver are actually money.

The only reason the government allows this nonsense to exist for now is to try and acclimate the goyim into the de-cashing of society and integration into a digital only slave currency control grid.  That and to try and prevent people from buying gold and silver because the market is stretched too thin and they're running out of metals to deliver which would blow up their ponzi.

I'm sorry, but you got this thing wrong. You cannot easily shutdown Bitcoin without taking down the whole Internet. When the big ISP block the default Bitcoin-Port (8333) we simply switch to something they can't block like Port 80 (HTTP) or 443 (HTTPS). They can't take down these Ports, without taking down the entire WorldWideWeb. Bitcoin uses a mesh-approach. You only need one Bitcoin-Node as a gateway and you can reach the whole Bitcoin Network.

It only gets troublesome when they start to depp-packet-inspect the traffic and filter on protocol level. But then we already live like China behind a great firewall and got other problems to deal with.

[conspirosphere.tk]

Centralized mining, centralized development, price based on artificial scarcity of coin count, fee system that doesn't work without artificial scarcity of block size.  The whole thing is honestly a complete joke compared to metals.  

"Centralized mining": competition will rise, see Russia announcing to enter in mining and chip production.

"artificial scarcity": money has to be scarce to have value. artificial money calls for artificial scarcity.

"fee system": see above, but I have my reservation about the BTC fee system: full blocks and large mempool means that fees are underpriced.

"Promoting that everyone on earth use the same artificially scaling constrained coin": who is that BTC maximalist? let many coins blossom and the market will choose.

"a huge step backwards from gold and silver":  You can't strike gold by holding gold. Crypto is for speculation and other advantages. Gold is just to sleep well.

[r0ach]

I'm sorry, but you got this thing wrong. You cannot easily shutdown Bitcoin without taking down the whole Internet.

Yea right, even if you change the ports, you're not using randomized ports, and even if so, the ISPs can still detect who is running bitcoin nodes or other activity on their network and just say "sorry, we're turning off your connection because we do not support people laundering money with bitcoin", or whatever other excuse they want to make.  The corporations would even run their own nodes as a honeypot to sniff people out.  It's mostly a stupid argument since governments are far more likely to eradicate bitcoin through legislation than by pseudo-govt entities like Google, Comcast, or AT&T doing it under a corporate umbrella, but still, corporations can put a big dent into bitcoin viability if they want.