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

[HanvanBitcoin]

Ver and Wu just went full retard selling all of their BTC for an alt coin.

I wonder how many more will follow this weekend

[gentlemand]

Anyone going to walk away from crypto if BCH wins? Or are you happy to use whatever coin comes out on top? I got into Bitcoin for the same reason it was created in the first place, being sick and tired of greedy billionaires manipulating the system for their own gains. And yet here we are, Roger Ver trying to devalue the wealth I already have in order to achieve adoption of his shitcoin. Sounds like a plan straight out of the centralised bankers playbook. It fucking stinks.

Nah. Just switch to maximum fiat extraction and buy lots of studio flats and install heroin addicts in them.

If BTC can be rogered this easily then it doesn't deserve to survive.

[El duderino_]

Ver and Wu just went full retard selling all of their BTC for an alt coin.

I wonder how many more will follow this weekend

I will not be one of them

[Torque]

Anyone going to walk away from crypto if BCH wins?

I considered it. But at the same time I've decided I'll soon stop to put any fiat into crypto anyway, so I guess I can ride the storm, I would just be disillusioned if BCH beats BTC, but disillusioned with a good sum of money is not that bad.

Have you guys completely forgotten that Bitcoin needs end users to actually buy the bitcoin? BCH miners can't just wash trade to each other forever or they will lose money. A true market takes USERS.  Remember?

[fabiorem]

Ver and Wu just went full retard selling all of their BTC for an alt coin.

I noticed. That's the reason why BTC price has tanked around 4200-4300, despite the cup and handle projection.

They are dumping it and using the money to pump BCH. Fortunatelly I have both coins.

That's why I say that bitcoin is not a normal asset, but a religion.

And the religion have forked, now we have fundamentalists pumping the coin from the new church.

[Paashaas]

Ver and Wu just went full retard selling all of their BTC for an alt coin.

I wonder how many more will follow this weekend

I'm going to sell another 10 BCC into BTC this weekend. This time i spend it on nice cloth and a high-end multi-media gaming rig.

It feels good to spend Rogers money 

[aesma]

Anyone going to walk away from crypto if BCH wins?

I considered it. But at the same time I've decided I'll soon stop to put any fiat into crypto anyway, so I guess I can ride the storm, I would just be disillusioned if BCH beats BTC, but disillusioned with a good sum of money is not that bad.

Have you guys completely forgotten that Bitcoin needs end users to actually buy the bitcoin? BCH miners can't just wash trade to each other forever or they will lose money. A true market takes USERS.  Remember?

I've said I believe in BTC, one reason is indeed that it has some significant adoption.

I'm holding BCH as a precaution.

[HanvanBitcoin]

Ver and Wu just went full retard selling all of their BTC for an alt coin.

I wonder how many more will follow this weekend

I'm going to sell another 10 BCC into BTC this weekend. This time i spend it on nice cloth and a high-end multi-media gaming rig.

It feels good to spend Rogers money 

Same here, but ill stick to it for maybe another day and see where this pump leads to  

[Millionero]

China switching miners over to BCH, BTC could be in trouble

link?

[Torque]

Ver and Wu just went full retard selling all of their BTC for an alt coin.

Proof or go home.

I highly doubt it, they are known liars, cowards, and are bluffing. If they did I'd be so full of glee.

[becoin]

Ver and Wu just went full retard selling all of their BTC for an alt coin.

That is excellent!
Sooner or later the fool and his money get parted.
The way Ver and Wu decided to part with their money is the best possible for the rest of us.

[leowonderful]

I sold my BCH on the first day I could trade it on Kraken and that was some BCH I don't regret selling. BCH could win out but I think I'll stick with BTC. I do see some good opportunities to buy some BCH with all these sudden fluctuations, though.

[infofront]

Anyone going to walk away from crypto if BCH wins? Or are you happy to use whatever coin comes out on top? I got into Bitcoin for the same reason it was created in the first place, being sick and tired of greedy billionaires manipulating the system for their own gains. And yet here we are, Roger Ver trying to devalue the wealth I already have in order to achieve adoption of his shitcoin. Sounds like a plan straight out of the centralised bankers playbook. It fucking stinks.

If any forked coin beats out Bitcoin Core, I think it would be Segwit2X.

If it comes out on top, I'd consider supporting it, so long as the dev team is competent, non-corrupt, and keeps the coin as close as possible to Satoshi's vision.

[bitserve]

Anyone going to walk away from crypto if BCH wins? Or are you happy to use whatever coin comes out on top? I got into Bitcoin for the same reason it was created in the first place, being sick and tired of greedy billionaires manipulating the system for their own gains. And yet here we are, Roger Ver trying to devalue the wealth I already have in order to achieve adoption of his shitcoin. Sounds like a plan straight out of the centralised bankers playbook. It fucking stinks.

If any forked coin beats out Bitcoin Core, I think it would be Segwit2X.

If it comes out on top, I'd consider supporting it, so long as the dev team is competent, non-corrupt, and keeps the coin as close as possible to Satoshi's vision.

Agreed.

I am ok with the 2x blocksize increase. Would like it would be CORE who delivers it though. BCH? It doesn't even support Segwit or Linghting Network and THAT is the best advancement Bitcoin have had in years. It's the future.... And the future is now

[Ludwig Von]

I sold my BCH on the first day I could trade it on Kraken and that was some BCH I don't regret selling. BCH could win out but I think I'll stick with BTC. I do see some good opportunities to buy some BCH with all these sudden fluctuations, though.

I sold immediately for 0.145.... . So we will see... .

[infofront]

Anyone going to walk away from crypto if BCH wins? Or are you happy to use whatever coin comes out on top? I got into Bitcoin for the same reason it was created in the first place, being sick and tired of greedy billionaires manipulating the system for their own gains. And yet here we are, Roger Ver trying to devalue the wealth I already have in order to achieve adoption of his shitcoin. Sounds like a plan straight out of the centralised bankers playbook. It fucking stinks.

If any forked coin beats out Bitcoin Core, I think it would be Segwit2X.

If it comes out on top, I'd consider supporting it, so long as the dev team is competent, non-corrupt, and keeps the coin as close as possible to Satoshi's vision.

Agreed.

I am ok with the 2x blocksize increase. Would like it would be CORE who delivers it though. BCH? It doesn't even support Segwit or Linghting Network and THAT is the best advancement Bitcoin have had in years. It's the future.... And the future is now

It seems really odd to me that Core hasn't just implemented a 2MB blocksize. Even if there's no technical need, there's a social need. Instead, they've let a deep division in the community grow much deeper.

Now everyone is so emotionally invested in one side or the other that I fear it may be impossible for the community to unite and heal.

[machasm]

Its heartbreaking to see something that could really change the way every individual could be empowered being fought over by a few greedy individuals.
If mining wasn't so centralised I doubt that there would be too many switching to mine the alt chain. I understand that miners mine for profit but what about idealism?

[gentlemand]

It seems really odd to me that Core hasn't just implemented a 2MB blocksize. Even if there's no technical need, there's a social need. Instead, they've let a deep division in the community grow much deeper.

Now everyone is so emotionally invested in one side or the other that I fear it may be impossible for the community to unite and heal.

They would regard that as coercion. It's an unfortunate clash between real worldliness and techno diligence.

As soon as the 1MB thing was put in place by Satoshi it was picked up as a future nightmare by others. Even when BTC was nowhere back then, anyone could tell you 200 and something thousand txs per day wasn't ever going to be enough even if it was a modest success.

Something should've been put in place long before it actually became an issue, either artificially created or not.

[becoin]

It seems really odd to me that Core hasn't just implemented a 2MB blocksize. Even if there's no technical need, there's a social need.

Big blocktards are spamming the network to increase tx costs and make you think there is such a need. The higher are tx costs the more expensive is to spam bitcoin blockchain. This is why there is neither technical nor social need for 2mb blocksize.

[Torque]

It seems really odd to me that Core hasn't just implemented a 2MB blocksize. Even if there's no technical need, there's a social need. Instead, they've let a deep division in the community grow much deeper.

Infofront, I like you and always value your input, but I'm not sure where to start with that comment.

Nothing should be altered to the Bitcoin protocol just to appease a vocal subset of end users that compromises/sacrifices the totality of the Bitcoin network's technical aspects, including it's future scalability, it's decentralization, or it's security. Absolutely nothing.

Also a division is not a deep division if it's like 90/10. Or even 80/20. The minority outlier is irrelevant, and if the don't like it they can always move over to another cryptocurrency that suits them.