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

[rjclarke2000]

Advice on electrum please.

 Is this a good wallet to use to be middle man when creating a new paper wallet?

I.e. Moving coins from one paper wallet to a new one.

[d_eddie]

Advice on electrum please.

 Is this a good wallet to use to be middle man when creating a new paper wallet?

I.e. Moving coins from one paper wallet to a new one.

Quite good IMO.

[CoinCube]

Advice on electrum please.

 Is this a good wallet to use to be middle man when creating a new paper wallet?

I.e. Moving coins from one paper wallet to a new one.

Electrum works well for this.

If you are not in a rush you can even load the private keys from the paper wallet directly into the electrum wallet instead of sweeping them and then just pay a single tx fee to move them directly from one paper wallet to another but that process is more complex and takes longer.

Easiest thing to do is to just sweep the private keys into your electrum wallet and then send it on from there to you new paper wallet ie two transactions.

If you are worried about your computer being compromised you can even have an online electrum wallet on your normal PC and an offline electrum wallet on a cheep laptop that only signs transactions and transfer the transactions back and forth from online to offline computer with a USB stick so you private keys are never connected to the internet but that is not required.

Make sure to get the wallet from the official site electrum.org as there is at least one scam site out there peddling malware. 

[d_eddie]

A serious attempt would have included replay protection by default, from the start.

Disagree. There was enough controversy over Bitcoin Cash such that we knew it would not have majority out of the chute*. But S2X has -- or at least had -- overwhelming support.

Overwhelming support behind closed doors. They could run their fork on a LAN in that room without a condom, no problem with that. I was talking about real transactions going around in the wild, on the - you know - Internet.

[Meuh6879]

Can you please ask her if she's planning to show us some boobage when BTC price starts rising again?

Perhaps ...

[erre]

I already sold all my bcc, not intend to buy back.

Given that segwit2x will have some design bug (I don't think it will be so, replay is known so it should be fixed), I think that hold legacy bitcoin will still be the best solution to avoid every 2x bug.

[machasm]

If there was a significant switch of hashrate from BTC to 2x or bch such that it caused BTC to stall for a significant time, couldn't core implement something similar to bch where the diff adjusted down quicker to compensate? If so shouldn't they be thinking of that now just in case this scenario plays out? Or is this unacceptable for some reason?

[gentlemand]

If there was a significant switch of hashrate from BTC to 2x or bch such that it caused BTC to stall for a significant time, couldn't core implement something similar to bch where the diff adjusted down quicker to compensate? If so shouldn't they be thinking of that now just in case this scenario plays out? Or is this unacceptable for some reason?

That would require another hard fork. Then we'd end up with four Bitcoins to play with.

[conspirosphere.tk]

If there was a significant switch of hashrate from BTC to 2x or bch such that it caused BTC to stall for a significant time, couldn't core implement something similar to bch where the diff adjusted down quicker to compensate? If so shouldn't they be thinking of that now just in case this scenario plays out? Or is this unacceptable for some reason?

Slower blocks may help us to hodl harder. It's a feature, not a bug.

[BlindMayorBitcorn]

If there was a significant switch of hashrate from BTC to 2x or bch such that it caused BTC to stall for a significant time, couldn't core implement something similar to bch where the diff adjusted down quicker to compensate? If so shouldn't they be thinking of that now just in case this scenario plays out? Or is this unacceptable for some reason?

That would require another hard fork. Then we'd end up with four Bitcoins to play with.

[erre]

As far as I can understand, everybody pumping bcc is either a fool or in bad faith


via Imgflip Meme Generator

[fluidjax]

If there was a significant switch of hashrate from BTC to 2x or bch such that it caused BTC to stall for a significant time, couldn't core implement something similar to bch where the diff adjusted down quicker to compensate? If so shouldn't they be thinking of that now just in case this scenario plays out? Or is this unacceptable for some reason?

Its a last resort, and will require a hard fork.
After the difficulty change the BTC chain will be open to 51% attacks (by the massive mining power on the other chain) trying to put the final nails in the coffin, so there will need to be a POW change also, and this will alienate any miners who had stayed on the original BTC chain.

I don't think an emergency hard fork is going to be easy to get installed by everyone, but there may be no choice.

[machasm]

If there was a significant switch of hashrate from BTC to 2x or bch such that it caused BTC to stall for a significant time, couldn't core implement something similar to bch where the diff adjusted down quicker to compensate? If so shouldn't they be thinking of that now just in case this scenario plays out? Or is this unacceptable for some reason?

That would require another hard fork. Then we'd end up with four Bitcoins to play with.

How are improvements/changes made to BTC without hard forking?
Are there certain criteria set in stone that cannot be altered without forking? I guess tinkering with the diff retargeting is one of them.
Is there something I can read to help me understand what can and can't be changed without a fork so I can stop asking stupid questions on the forum 😊?

[fluidjax]

If there was a significant switch of hashrate from BTC to 2x or bch such that it caused BTC to stall for a significant time, couldn't core implement something similar to bch where the diff adjusted down quicker to compensate? If so shouldn't they be thinking of that now just in case this scenario plays out? Or is this unacceptable for some reason?

That would require another hard fork. Then we'd end up with four Bitcoins to play with.

How are improvements/changes made to BTC without hard forking?
Are there certain criteria set in stone that cannot be altered without forking? I guess tinkering with the diff retargeting is one of them.
Is there something I can read to help me understand what can and can't be changed without a fork so I can stop asking stupid questions on the forum 😊?

A restriction on the current ruleset can be a soft fork.
Loosening the rules  would need to be a hard fork.

So setting block size down to 500K is a soft fork, up to 2MB is a hard fork.
500K is less than the current rules, so its more restrictive.

[sirazimuth]

If there was a significant switch of hashrate from BTC to 2x or bch such that it caused BTC to stall for a significant time, couldn't core implement something similar to bch where the diff adjusted down quicker to compensate? If so shouldn't they be thinking of that now just in case this scenario plays out? Or is this unacceptable for some reason?

That would require another hard fork. Then we'd end up with four Bitcoins to play with.

How are improvements/changes made to BTC without hard forking?
Are there certain criteria set in stone that cannot be altered without forking? I guess tinkering with the diff retargeting is one of them.
Is there something I can read to help me understand what can and can't be changed without a fork so I can stop asking stupid questions on the forum 😊?

well if all miners suddenly on a whim said "right chaps, we all mine bitcoincash from now on!! "
so then theres this this death spiral and bitcoin chain will die we all go to hell
and the world will end in a big giant fireball......

Amen  

[conspirosphere.tk]

well if all miners suddenly on a whim said "right chaps we all mine bitcoincash!! "
so then theres this this death spiral and bitcoin chain will die we all go to hell
and the world will end in a big giant fireball......

Amen  

Would BCH be so in demand like BTC? What's its background? Developers? Users? Investors? Service providers?
In case of BTC death I would bet on some other alt.

[Bitcoinaire]

Breaking $3900..........

[cashodler]

Time to sell, we're going to 3600. Buy later back.

[jbreher]

help me understand what can and can't be changed without a fork so I can stop asking stupid questions on the forum 😊?

There's essentially zero changes that are beyond a fork. A soft fork is even capable of removing the sacrosanct 21 million limit.

[cashodler]

SELL, November FUD is starting, buy at lower for quite a profit. Going to 3600 soon and who knows where this will end.