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

[European Central Bank]

you need to verify to get higher limits. new eu rules for all prepaid cards.

[aesma]

What I don't understand is the lifetime part. After 1000€ the card is dead ?

[European Central Bank]

yep. and i think they're reducing it to 250 euros.

[Meuh6879]

What I don't understand is the lifetime part. After 1000€ the card is dead ?

Like Neteller : if you want spend more than 1000 euros (like 100+500+400 in 3 months) with this unique card, you MUST transmit AML/KYC papers (phone, bank account, address proof, ID selfy).

It's not new.

Paypal does this since 10 years (when you are above 800-1000 euros, you must declare a bank account and address proof).

[aesma]

The idea of these cards being their anonymity, the more info you must give, the less interesting they are.

In fact there are more restrictions for French users.

[gembitz]

What I don't understand is the lifetime part. After 1000€ the card is dead ?

Like Neteller : if you want spend more than 1000 euros (like 100+500+400 in 3 months) with this unique card, you MUST transmit AML/KYC papers (phone, bank account, address proof, ID selfy).

It's not new.

Paypal does this since 10 years (when you are above 800-1000 euros, you must declare a bank account and address proof).

why are we talking about credit cards? lol bitcoin is powerful because you can send value WITHOUT I.D!!    ~noobs

[gembitz]

Traders never cease to amaze me! When it was clear that BCH will appear, BTC will continue to exist as 'bitcoin' and everybody will get free money, the faint hearted shaky hands sold their bitcoins below 2500 just before the fork losing big time. Now, the conflict between 2x and core is endangering the existence of bitcoin, these same traders buy above 4K!!! Little they know that if S2X forks without replay protection, the fork will be a giant mess, both chains will be unusable for days, possibly weeks and the price will crash (maybe even below 1000$). a lot of people will hedge into LTC, ETH and BCH! It will look like bitcoin is dying while BCH is going up like crazy. Of course everyone who supports BCH wants exactly that! (At least the ones who can think that far and are interested in a high BCH price). The recent rise of the BTC price is just a bubble, created by chinese mining whales who want to sell high all and then dump BTC for good. They are free now from the limitation of the core team and can adjust the difficulty to make much bigger profits. Reading between the lines in Roger Ver's and Jihan Wu's tweets, they will trade most of their BTC for BCH and will continue to drive up BCH's price.

nah you don't understand the investment money is pouring into this space the money will come   keep calm ~  all bitcoins will soar!!

[fluidjax]

Traders never cease to amaze me! When it was clear that BCH will appear, BTC will continue to exist as 'bitcoin' and everybody will get free money, the faint hearted shaky hands sold their bitcoins below 2500 just before the fork losing big time. Now, the conflict between 2x and core is endangering the existence of bitcoin, these same traders buy above 4K!!! Little they know that if S2X forks without replay protection, the fork will be a giant mess, both chains will be unusable for days, possibly weeks and the price will crash (maybe even below 1000$). a lot of people will hedge into LTC, ETH and BCH! It will look like bitcoin is dying while BCH is going up like crazy. Of course everyone who supports BCH wants exactly that! (At least the ones who can think that far and are interested in a high BCH price). The recent rise of the BTC price is just a bubble, created by chinese mining whales who want to sell high all and then dump BTC for good. They are free now from the limitation of the core team and can adjust the difficulty to make much bigger profits. Reading between the lines in Roger Ver's and Jihan Wu's tweets, they will trade most of their BTC for BCH and will continue to drive up BCH's price.

"both chains will be unusable for days, possibly weeks" why?

[fabiorem]

Traders never cease to amaze me! When it was clear that BCH will appear, BTC will continue to exist as 'bitcoin' and everybody will get free money, the faint hearted shaky hands sold their bitcoins below 2500 just before the fork losing big time. Now, the conflict between 2x and core is endangering the existence of bitcoin, these same traders buy above 4K!!! Little they know that if S2X forks without replay protection, the fork will be a giant mess, both chains will be unusable for days, possibly weeks and the price will crash (maybe even below 1000$). a lot of people will hedge into LTC, ETH and BCH! It will look like bitcoin is dying while BCH is going up like crazy. Of course everyone who supports BCH wants exactly that! (At least the ones who can think that far and are interested in a high BCH price). The recent rise of the BTC price is just a bubble, created by chinese mining whales who want to sell high all and then dump BTC for good. They are free now from the limitation of the core team and can adjust the difficulty to make much bigger profits. Reading between the lines in Roger Ver's and Jihan Wu's tweets, they will trade most of their BTC for BCH and will continue to drive up BCH's price.

No replay protection means there will be no alt coin. When you transfer from one chain, it will also transfer in the other, but if they have different address structures, the ammount you transfered in the other chain will go to another address, which can ou cannot be linked to the address you sent in the original chain.

However, if you never use the other chain, there will be nothing to worry, as most nodes are using Core software. Only those who install the forked software can get rekt, as the address they sent can be one of Core, whereas in the forked chain it can be from another person.

Just dont install any software which is not Core signed. Now how will we explain that to noobs who use bitcoin from cellphones?

[u9y42]

Traders never cease to amaze me! When it was clear that BCH will appear, BTC will continue to exist as 'bitcoin' and everybody will get free money, the faint hearted shaky hands sold their bitcoins below 2500 just before the fork losing big time. Now, the conflict between 2x and core is endangering the existence of bitcoin, these same traders buy above 4K!!! Little they know that if S2X forks without replay protection, the fork will be a giant mess, both chains will be unusable for days, possibly weeks and the price will crash (maybe even below 1000$). a lot of people will hedge into LTC, ETH and BCH! It will look like bitcoin is dying while BCH is going up like crazy. Of course everyone who supports BCH wants exactly that! (At least the ones who can think that far and are interested in a high BCH price). The recent rise of the BTC price is just a bubble, created by chinese mining whales who want to sell high all and then dump BTC for good. They are free now from the limitation of the core team and can adjust the difficulty to make much bigger profits. Reading between the lines in Roger Ver's and Jihan Wu's tweets, they will trade most of their BTC for BCH and will continue to drive up BCH's price.

"both chains will be unusable for days, possibly weeks" why?

Well, clearly, because someone on Reddit said so!

(https://www.reddit.com/r/Bitcoin/comments/6vb5fe/nya_segwit2x_s2x_starting_to_fall_apart_pools_are/dlyvsfz/ - I thought I'd read that somewhere before... must be the new FUD being spread)

[empowering]

What I don't understand is the lifetime part. After 1000€ the card is dead ?

Like Neteller : if you want spend more than 1000 euros (like 100+500+400 in 3 months) with this unique card, you MUST transmit AML/KYC papers (phone, bank account, address proof, ID selfy).

It's not new.

Paypal does this since 10 years (when you are above 800-1000 euros, you must declare a bank account and address proof).

why are we talking about credit cards? lol bitcoin is powerful because you can send value WITHOUT I.D!!    ~noobs

I want to be able to spend a little BTC on the fly -in meat world, in places where they have no facility to accept BTC.


ps-thanks for the recommendations I shall check them out and start ordering a few methinks.

[fluidjax]

What I don't understand is the lifetime part. After 1000€ the card is dead ?

Like Neteller : if you want spend more than 1000 euros (like 100+500+400 in 3 months) with this unique card, you MUST transmit AML/KYC papers (phone, bank account, address proof, ID selfy).

It's not new.

Paypal does this since 10 years (when you are above 800-1000 euros, you must declare a bank account and address proof).

why are we talking about credit cards? lol bitcoin is powerful because you can send value WITHOUT I.D!!    ~noobs

I want to be able to spend a little BTC on the fly -in meat world, in places where they have no facility to accept BTC.


ps-thanks for the recommendations I shall check them out and start ordering a few methinks.

You need cream lightning
 https://www.youtube.com/watch?v=0UgiJPnwtQU&t=648s

[Torque]

Lightning-enabled Visa cards will absolutely crush Bitcoin's enemies to dust.

Muuuhahahaha!!! You hear that globalist bankers? That thunder clap is the sound of your impending doom.

[IntroVert]

... if S2X forks without replay protection, the fork will be a giant mess...

This is what is giving me pause deciding to sell BCH. As is, it provides a free protection option from this possible mess in November, so its utility in my eyes is more than the dumping gains at the moment.

[JimboToronto]

Good morning Bitcoinland.

Still creeping up nicely after that lovely dip a couple of nights ago... currently $4222USD/$5205CAD (Bitcoinaverage).

AltcoinCash is also still hanging in there at $670USD/$842CAD (Coinmarketcap).

Let's see how things go when segwit is fully activated.

Fun.  

[conspirosphere.tk]

... if S2X forks without replay protection, the fork will be a giant mess...

This is what is giving me pause deciding to sell BCH. As is, it provides a free protection option from this possible mess in November, so its utility in my eyes is more than the dumping gains at the moment.

and that's part of their plan. It's an attack on two fronts to lead you where they want you (in their shitcoin prison).

[IntroVert]

... if S2X forks without replay protection, the fork will be a giant mess...

This is what is giving me pause deciding to sell BCH. As is, it provides a free protection option from this possible mess in November, so its utility in my eyes is more than the dumping gains at the moment.

and that's part of their plan. It's an attack on two fronts to lead you where they want you (in their shitcoin prison).

Yeah, I can see how segwit2x can be a sacrificial lamb in order for BCH to survive, without Segwit as some big players have always wanted.

[Last of the V8s]

https://github.com/btc1/bitcoin/pull/117 Add opt-in transaction avoidance #117
slowly slowly catchy donkey

[harrymmmm]

I was offered what would now be about $2 per post if I put their ad in my signature.

Still not going to do it.

whose ad was that?

Bitmixer was offering $2 to $3 (0.7mBTC) per post around the time theymos killed sigs here.

[Samarkand]

BTC is not exactly cheap and quick to send at the moment either. For a transaction with some inputs (976 bytes) Electrum suggested a whopping 0,0047BTC fee !

I was wondering what would happen, if I discard the standard Electrum fee with a transaction like this and instead send
it with a customized small fee like 0.00005 BTC.

If my transaction gets confirmed in a day or so, everything worked out.

What would happen to the transaction, if the mempool hasn´t been cleared and my transaction doesn´t get confirmed?
I read somewhere that it will be removed from the mempool after a few days, but what exactly happens to the sent funds
and the included fee? Are both returned to the sending address? Is it necessary to accelerate the transaction (how exactly
does that work?) and if I fail to do this the transaction amount + the attached fee are lost forever?