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

[empowering]

.... be good to see more of the ecosystem follow Bitwala's  example

[empowering]

Talking of which...


Does anyone here use any of the Bitcoin debitcards that you can load with BTC and spend your BTC anywhere?

I want to get me one and any recommendations/warning etc would be appreciated.

The more private the better

[Torque]

Talking of which...


Does anyone here use any of the Bitcoin debitcards that you can load with BTC and spend your BTC anywhere?

I want to get me one and any recommendations/warning etc would be appreciated.

The more private the better

I'm curious about this too. Was considering BitPay card until that whole btc1 debacle.

[aesma]

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 !

[Karartma1]

An exponential rise would have brought us to 15k/20k which did not happen. 2013 is so distant, the game is completely different: bitcoin is a lively ecosystem even if we are having and sharing this environment with all sort of companions (BCH, ETH, DASH, XMR, LTC)

Without the forking wars we would be likely above 16K or so already. And looks like this segwit2x will be a drag for a while. And the more BTC keep rising the more it draws the attention of TPTB, and the more attacks we can expect from them. I would not even discard the beginning of sudden deaths among leading developers.

I understand what you mean.
Satoshi Nakamoto did the right thing when he disappeared from the scene back in 2010.
But, in any case, this bitcoin thing is out there in the open and it can't be stopped.
Don't be too pessimistic even though I know you are being realist.
 

[Karartma1]

Talking of which...


Does anyone here use any of the Bitcoin debitcards that you can load with BTC and spend your BTC anywhere?

I want to get me one and any recommendations/warning etc would be appreciated.

The more private the better

I personally have a coinsbank card. I use BTC and LTC that are exchanged at the time of buying.
I find it pretty good: I don't keep much on it and I am not verified.
I did many small txs for a few $ and € (I have a dollar denominated card and a euro one)

[Torque]

Bitmain's Jihan Wu will follow thru and fork his (what is it 30% of hash) to bitcoin cash...and we will have 3 forks split like 50/20/30 or something odd...

I really doubt that, especially if it is not economically viable. His small group of loyalists buying their own forked coin is like corporations erroneously buying back their own stock. It gives a wealth effect for a while, up until the moment it all falls to shit and crashes. Can't hold that stock (er, coin) price up forever.  

As those shitty forks languish, Wu and company will eventually abandon them to die. Or pump them on occasion, the ol' "hey look at me, I'm not dead yet!" factor.

thus it will be a cluster...and I have a real talent for picking the wrong horse in any race

so, just gonna leave the BCH alone for now...treating it as a remote insurance policy

Why are you horse betting? It's easy dude. Just follow the chain with the economic majority of END USERS, BROKERS, EXCHANGES, and MERCHANTS. Miners and hashrate follow those things, not the other way around.

[hazukison]

People continue to dump their BCH as soon as they manage to split the free money drop from bitcoins. BCH paid trolls getting desperate.

Taking too long to confirm my latest tx of BCH to dump on Kraken. Guess I'll do it in the morning, and hope we see it pumped back above $700.
Zzzz...

8 hours, and 11 confirmations later, still waiting for the B_itCH deposit to Confirm on Kraken.

Can't wait to rid myself of this shitcoin.

I have a real talent for picking the wrong horse in any race

This^ I can't express this enough, no matter what I do usually ends up working against me, while I don't particularly believe in BCH I have just the tiny amount I got with BTC and even less BTC at just over half of that. While I'd love to sell it to try to make it up to my first BTC I afraid that no matter I pick it'll be wrong. :|

[blockinoutthehaters]

Talking of which...


Does anyone here use any of the Bitcoin debitcards that you can load with BTC and spend your BTC anywhere?

I want to get me one and any recommendations/warning etc would be appreciated.

The more private the better

I'm curious about this too. Was considering BitPay card until that whole btc1 debacle.

Maybe wirex? Ordered some physical visa cards from them recently, but haven't received them yet. They have a 2k limit unverified IIRC.

[aesma]

When looking up those cards there is often something like that, what does it mean : "For a new card lifetime turnover is limited to 1000 EUR"

[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)