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Question: How far will this leg take us?
$110K - 9 (8.3%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26964053 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 1 users with 9 merit deleted.)
JayJuanGee
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August 21, 2017, 10:41:05 AM

Ok then let me post this and I expect some of you to call me an idiot here but here goes.

I have paper wallets and my plan to get BCH is this...

1. Create new paper wallets and using bitcoin core wallet as a middle man I'll  transfer stash to new paper wallets.

2. Use a BCH software wallet and insert my old private keys (that are now empty)
(Which BCH wallet do I use? Is there more than one?)

3. When I want to trade them, send them to Kraken.


Will probably do this myself as well. Hard part will be moving the bitcoins to a new secure address.

Did the same at the weekend. Pulled the funds from my Trezor, then input the seed into a BCH BTC.com web wallet. Originally tried with the BCH version of electrum, but didn't work very well (it showed the transaction removing the funds from the trezor, so had 0 funds to move the BCH side of the fork).

I am a little bit confused by what you did or the reason why you did it?

If you had funds on your Trezor as of the August 1 fork, then the easiest solution is to use Trezor's coin splitting feature, no?

I know that Trezor had a glitch with their coin splitting feature for about 3 days around August 1; however, they fixed that glitch, no?  And people have been splitting their BCH off of Trezor, so long as they had the coins on the Trezor as of August 1.  Am I missing something?
P_Shep
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I guess this is OK.


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August 21, 2017, 10:49:15 AM

Ok then let me post this and I expect some of you to call me an idiot here but here goes.

I have paper wallets and my plan to get BCH is this...

1. Create new paper wallets and using bitcoin core wallet as a middle man I'll  transfer stash to new paper wallets.

2. Use a BCH software wallet and insert my old private keys (that are now empty)
(Which BCH wallet do I use? Is there more than one?)

3. When I want to trade them, send them to Kraken.


Will probably do this myself as well. Hard part will be moving the bitcoins to a new secure address.

Did the same at the weekend. Pulled the funds from my Trezor, then input the seed into a BCH BTC.com web wallet. Originally tried with the BCH version of electrum, but didn't work very well (it showed the transaction removing the funds from the trezor, so had 0 funds to move the BCH side of the fork).

I am a little bit confused by what you did or the reason why you did it?

If you had funds on your Trezor as of the August 1 fork, then the easiest solution is to use Trezor's coin splitting feature, no?

I know that Trezor had a glitch with their coin splitting feature for about 3 days around August 1; however, they fixed that glitch, no?  And people have been splitting their BCH off of Trezor, so long as they had the coins on the Trezor as of August 1.  Am I missing something?


You're not missing anything, I am... I wasn't aware of that. Ho-hum, no matter, got my coins Smiley
empowering
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August 21, 2017, 10:51:42 AM

BCH Update

Blockchain Overview
There have been 1971 blocks mined since the hard fork.

(968 blocks behind the original chain)

The Bitcoin Cash blockchain is currently operating at 7% of the original chain's difficulty.

The original chain has grown 2.51GB more than the Bitcoin Cash blockchain.


It is currently 83.8% more profitable to mine on the Bitcoin Cash blockchain.

Current price: $645

BI.Tch  has dropped its knickers and is flashing its bits  at the world.....


Do you think Jihan&Ver will keep pushing the BCH price up when the difficulty there skyrockets, so that miners keep on mining? I was so slow to sell and I'm losing BTC every day!

At this point I am guessing their aim is the mere survival of the chain-  how far they are willing to go I cannot tell you... they have gone pretty far down the path... I can't  see  them ever returning to the fold so to speak- so they seem destined to be the masters of their altcoin.  If they have played a wise enough game - they may have gotten some institutional partners with deep pockets to see them through whilst the difficulty/haspower/price finds equilibrium. (its Kim Jong Un Cheesy Cheesy Grin Grin)

Personally I feel like this is going to get pumped and dumped and pumped and dumped

It feels like a sideshow now to the BTC scaling debate.... eyes are on Core and x2 - if there is any relevant sensible progress made here it will be strong for BTC and make BCH even less relevant.

The thing with BCH as I see it- is nobody is using it for anything...I don't see this changing anytime soon- so Roj and WU & partners have to keep this ship floating until at least then....

They are at huge risk of just being totally irrelevant in 6 months time (and much poorer)

Personally I am shocked - if they have gone at this without a steady plan- then they are simply burning cash.

I am not discounting any surprises though...

Are they really that reckless and thoughtless? They could have simply transferred  chunk of their wealth to me and my retirement fund

Truth is - you cannot trust them pesky bitCashers - and the community probably never will again... and believe it or not... you can't buy trust.

.....except by POW  Grin

(ps a part of me wonders if they had hoped BTC would drop like a stone in Aug - shame)







 
soullyG
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August 21, 2017, 10:55:48 AM

(actually on blockchain.info the support rep said that the 12 word seed worked well on mycelium and on the trezor, and I tested the mycelium on my iphone, which also worked for me for BTC but so far, mycelium does not have no BCH splitting function, so I thought that maybe I could try out the trezor, WTF?)

You can export your private key from Mycelium once you have it loaded in there - select your wallet and then the "3 dots" setting option in the top right corner of the screen, then "export" and you'll be able to copy the private key into whichever BCH wallet you want.
Last of the V8s
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August 21, 2017, 10:57:13 AM

Well fellas, get ready for some fun in the next two weeks.

Tomorrow is a solar eclipse.

It's also the day that President Trump announces that we're back into the war game in Afghanistan. A build up of troops and more airstrikes likely. This has secretly been in the planning for months and months by the Deep State. But make no mistake, this is really the precursor to war in the Asia Pacific. Can't have all that pesky surplus oil just sitting around stockpiled in tankers everywhere... gotta burn it somehow.
"When all else fails [to stimulate the economy], you take 'em to war."

Gold market is showing signs of shorts exiting positions.

U.S. Stock market is overheated and showing signs of exhaustion.

U.S. govt about to hit the debt ceiling.... again.

Hedge Funds moving into bitcoin through LedgerX come on line in Sept.

Things are heating up fast. Anything can happen in the coming months.

Hold HODL on to your butts bitcoin!


add: us warships keep 'crashing into' freighters
uk trains keep falling off tracks
isis nearly landless

pikeys vs inbreeds http://www.bbc.co.uk/news/uk-england-norfolk-40990174 might just be the

event to tip things over the edge
Searing
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August 21, 2017, 11:11:20 AM

Well fellas, get ready for some fun in the next two weeks.

Tomorrow is a solar eclipse.

It's also the day that President Trump announces that we're back into the war game in Afghanistan. A build up of troops and more airstrikes likely. This has secretly been in the planning for months and months by the Deep State. But make no mistake, this is really the precursor to war in the Asia Pacific. Can't have all that pesky surplus oil just sitting around stockpiled in tankers everywhere... gotta burn it somehow.
"When all else fails [to stimulate the economy], you take 'em to war."

Gold market is showing signs of shorts exiting positions.

U.S. Stock market is overheated and showing signs of exhaustion.

U.S. govt about to hit the debt ceiling.... again.

Hedge Funds moving into bitcoin through LedgerX come on line in Sept.

Things are heating up fast. Anything can happen in the coming months.

Hold HODL on to your butts bitcoin!


add: us warships keep 'crashing into' freighters
uk trains keep falling off tracks
isis nearly landless

pikeys vs inbreeds http://www.bbc.co.uk/news/uk-england-norfolk-40990174 might just be the

event to tip things over the edge


Not quite a unicorn..but with 3 forks looming ...about as close as Bitcoin is gonna get...so I call it......

'look an ugly unicorn' (whatever gets me thru the day of wtf is going on with Bitcoin development) Sad

Last of the V8s
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August 21, 2017, 11:14:50 AM
Last edit: August 21, 2017, 11:25:21 AM by Last of the V8s


Not quite a unicorn..but with 3 forks looming ...about as close as Bitcoin is gonna get...so I call it......

'look an ugly unicorn' (whatever gets me thru the day of wtf is going on with Bitcoin development) Sad

'tis a black swan Grin
nothing much is happening though in bitcoin, so not to worry
meh just the Chinese, Russian and USG's all attacking it through their incompetent proxies.
same old story never worked before, just exposes a few more such proxies and shills each time (Garzik, Demirrors...)
and causes the female and young to worry about things and matters
so hodl till the cows come home and meanwhile post Selmalikes Cool
JayJuanGee
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August 21, 2017, 11:21:08 AM

(actually on blockchain.info the support rep said that the 12 word seed worked well on mycelium and on the trezor, and I tested the mycelium on my iphone, which also worked for me for BTC but so far, mycelium does not have no BCH splitting function, so I thought that maybe I could try out the trezor, WTF?)

You can export your private key from Mycelium once you have it loaded in there - select your wallet and then the "3 dots" setting option in the top right corner of the screen, then "export" and you'll be able to copy the private key into whichever BCH wallet you want.

I am not sure whether my Mycelium application has the ability to copy the private key, as you mention.  I am using the Iphone application, so maybe you are using android?  I don't see any "3 dots" setting option.

I have a "back up the wallet" option; however, if I choose that, I will merely receive the same 12 word seed that I had received through blockchain.info wallet.   
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August 21, 2017, 11:27:03 AM



pikeys vs inbreeds http://www.bbc.co.uk/news/uk-england-norfolk-40990174 might just be the

event to tip things over the edge


lol - made me laugh
johny126523
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August 21, 2017, 11:37:10 AM

Hello guys, Im new here but I was reading this and other topics from speculation for long time.

I have few BTC can You advise me what to do now? Hold it or sell? I have read few pages earlier that we have to hold because after 23.08 another changes are coming and course can go up again. But from other side many people talking about big correction now. I really dont know what to do now, please help me guys.

Im sorry for my english but I hope You can understand me.

Kind Regards
gentlemand
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August 21, 2017, 11:41:06 AM

can You advise me what to do now?

No.
empowering
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August 21, 2017, 11:43:52 AM

can You advise me what to do now?

No.

Succinct
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August 21, 2017, 11:47:33 AM

can You advise me what to do now?

No.

I can.
Advice is 3 btc / hour
For good advice I charge double
empowering
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August 21, 2017, 11:51:27 AM

can You advise me what to do now?

No.

I can.
Advice is 3 btc / hour
For good advice I charge double

I will have a double bad advice with a sprinkles of hubris on top ... light on the doooooooooooom.

You will throw in the huburis for gratis though right? I mean for 3 BTC an hour .....
 
Grin Grin
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August 21, 2017, 11:54:12 AM

can You advise me what to do now?

No.

I can.
Advice is 3 btc / hour
For good advice I charge double

I will have a double bad advice with a sprinkles of hubris on top ... light on the doooooooooooom.

You will throw in the huburis for gratis though right? I mean for 3 BTC an hour .....
 
Grin Grin

Certainly, Sir, but I must stipulate that braggadocio and gasconade are extra.
empowering
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August 21, 2017, 11:57:32 AM

can You advise me what to do now?

No.

I can.
Advice is 3 btc / hour
For good advice I charge double

I will have a double bad advice with a sprinkles of hubris on top ... light on the doooooooooooom.

You will throw in the huburis for gratis though right? I mean for 3 BTC an hour .....
 
Grin Grin

Certainly, Sir, but I must stipulate that braggadocio and gasconade are extra.

I would expect nothing less Smiley
rjclarke2000
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August 21, 2017, 12:04:21 PM

How are we all today then?

Are we bullish short term?

I have no idea what to think. Maybe I have got too used to seeing ATHs every 6 and a half minutes and holding between 3800-4200 is a good thing for a while.

What are your thoughts WO thread locals?
JayJuanGee
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August 21, 2017, 12:04:44 PM

Hello guys, Im new here but I was reading this and other topics from speculation for long time.

I have few BTC can You advise me what to do now? Hold it or sell? I have read few pages earlier that we have to hold because after 23.08 another changes are coming and course can go up again. But from other side many people talking about big correction now. I really dont know what to do now, please help me guys.

Im sorry for my english but I hope You can understand me.

Kind Regards

Yes.  I can Advice you.

I would Advice you to sell every single bitcoin.


Why?  Because you seem uncertain about the value of bitcoin, so you should sell those bitcoins to someone who appreciates them more.   Wink   Grin
xhomerx10
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August 21, 2017, 12:32:00 PM

Hello guys, Im new here but I was reading this and other topics from speculation for long time.

I have few BTC can You advise me what to do now? Hold it or sell? I have read few pages earlier that we have to hold because after 23.08 another changes are coming and course can go up again. But from other side many people talking about big correction now. I really dont know what to do now, please help me guys.

Im sorry for my english but I hope You can understand me.

Kind Regards

Yes.  I can Advice you.

I would Advice you to sell every single bitcoin.


Why?  Because you seem uncertain about the value of bitcoin, so you should sell those bitcoins to someone who appreciates them more.   Wink   Grin

 Advise.  The word is advise.
bitcoinPsycho
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August 21, 2017, 12:43:03 PM

I just did my bit for bitcoin and sold my BCH. covered my original investment in btc and still got all my btc.  hope I don't regret it
No regrets as yet .so far so good
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