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

[surix]

4000USD as a resistance level has been tested, which is a very good news.

Now if segwit 2x will not be too messy, price -> moon for sure.

Worring part is >90% miner support for it, and core's tough position against it... This hardfork can be more deadly than BCC...

[xhomerx10]

Bitcoin average  £3456.78

FTFYF

[Last of the V8s]

http://www.designinformatics.org/node/444
bit barista autonomous coffee machine pays you in coffee or bitcoin to eg fill up with beans, clean nozzles etc...
piece on bbc world service just now
http://www.bbc.co.uk/programmes/w3cstxkx

[bitcoinPsycho]

4000USD as a resistance level has been tested, which is a very good news.

Now if segwit 2x will not be too messy, price -> moon for sure.

Worring part is >90% miner support for it, and core's tough position against it... This hardfork can be more deadly than BCC...

https://imgur.com/gallery/PsQoD

[gembitz]

BTCBTC $5000 is close x ~$7OOOx$9999*   #tuff_nut_2_crack

[fluidjax]

4000USD as a resistance level has been tested, which is a very good news.

Now if segwit 2x will not be too messy, price -> moon for sure.

Worring part is >90% miner support for it, and core's tough position against it... This hardfork can be more deadly than BCC...

Miners can only mine a coin that they can sell. We have already seen many have no loyalty, they will move to the coin that will pay their electricity bills.
Who is gonna buy all the coins mined, and the all the coins dumped?
Certainly not enough to support 90% of the hash power, so the real Bitcoin will limp along to the re-calc, and then its party over for 2x.

[suzanne5223]

It's hilarious to see people proclaiming BTC has recovered. YEAH RIGHT!!!

DOWN TO HELL WE GO!

 Technicals?

Yes,bitcoin has recovered and it was due to the statement made by the Hong Kong securities and futures commission (SFC) regarding ICO rule and regulations. Moreover, if you check the coin market you will that almost every coin are getting back on track.

[empowering]

Update












....and one extra because woe the horrors....



...careful when you wander into the depths .... the scary beasties live there....

BOO!!!

[Last of the V8s]

4000USD as a resistance level has been tested, which is a very good news.

Now if segwit 2x will not be too messy, price -> moon for sure.

Worring part is >90% miner support for it, and core's tough position against it... This hardfork can be more deadly than BCC...

Miners can only mine a coin that they can sell. We have already seen many have no loyalty, they will move to the coin that will pay their electricity bills.
Who is gonna buy all the coins mined, and the all the coins dumped?
Certainly not enough to support 90% of the hash power, so the real Bitcoin will limp along to the re-calc, and then its party over for 2x.

quoting this for truth. afair difficulty can only go down so much at a time, so we may need more than one re-calc, not that that matters much

[cmacwiz]

Which nation-state wants to welcome crypto and solidify their position as leading innovators? Stifling it in your country because you fear your own people, or is it just for petty crony cash, Benny Lawsky? The time will quickly approach and the countries left to squabble over $50k+ bitcoins to fill their crypto reserves will regret such narrow mindedness.

 
Japan, the phone is ringing...

[d_eddie]

4000USD as a resistance level has been tested, which is a very good news.

Now if segwit 2x will not be too messy, price -> moon for sure.

Worring part is >90% miner support for it, and core's tough position against it... This hardfork can be more deadly than BCC...

Miners can only mine a coin that they can sell. We have already seen many have no loyalty, they will move to the coin that will pay their electricity bills.
Who is gonna buy all the coins mined, and the all the coins dumped?
Certainly not enough to support 90% of the hash power, so the real Bitcoin will limp along to the re-calc, and then its party over for 2x.

quoting this for truth. afair difficulty can only go down so much at a time, so we may need more than one re-calc, not that that matters much

Am I wrong in thinking that an easy-to-use replay protection mechanism would make it much harder on 2x? I imagine most hardcore bitcoiners would dump the stuff as soon as possible, before it depreciates too much. The effect would make mining 2x quickly unprofitable, so Wu's bribes/threats to the miners/thralls would get too expensive to hold.

Any flaw or oversight in my argument?

[panju1]

Which nation-state wants to welcome crypto and solidify their position as leading innovators? Stifling it in your country because you fear your own people, or is it just for petty crony cash, Benny Lawsky? The time will quickly approach and the countries left to squabble over $50k+ bitcoins to fill their crypto reserves will regret such narrow mindedness.

 
Japan, the phone is ringing...

Countries might not feel the need to fill their reserves with Bitcoins. They might encourage innovation, regulate bitcoin trades, but buying bitcoins would indicate that they didn't have faith in their own currency. That won't happen quickly.

[Last of the V8s]

4000USD as a resistance level has been tested, which is a very good news.

Now if segwit 2x will not be too messy, price -> moon for sure.

Worring part is >90% miner support for it, and core's tough position against it... This hardfork can be more deadly than BCC...

Miners can only mine a coin that they can sell. We have already seen many have no loyalty, they will move to the coin that will pay their electricity bills.
Who is gonna buy all the coins mined, and the all the coins dumped?
Certainly not enough to support 90% of the hash power, so the real Bitcoin will limp along to the re-calc, and then its party over for 2x.

quoting this for truth. afair difficulty can only go down so much at a time, so we may need more than one re-calc, not that that matters much

Am I wrong in thinking that an easy-to-use replay protection mechanism would make it much harder on 2x? I imagine most hardcore bitcoiners would dump the stuff as soon as possible, before it depreciates too much. The effect would make mining 2x quickly unprofitable, so Wu's bribes/threats to the miners/thralls would get too expensive to hold.

Any flaw or oversight in my argument?

we can't upgrade all our nodes with replay protection in time

[600watt]

I just stumbled over this 19th century painting:



THE BULL

it was painted 1878 by ...

... this guy:

https://en.wikipedia.org/wiki/Ferdinand_Hodler


let that sink in.  



edit: wiki art says he was big in...   yep: symbolism...  symbolism ffs

[Last of the V8s]

https://aeon.co/essays/the-end-of-a-world-of-nation-states-may-be-upon-us

pantsuit media floats city-states

[Last of the V8s]

I just stumbled over this 19th century painting:



THE BULL

it was painted 1878 by ...

... this guy:

Hodler[/b]]https://en.wikipedia.org/wiki/Ferdinand_Hodler


let that sink in.  



edit: wiki art says he was big in...   yep: symbolism...  symbolism ffs

Love it.

But are you alright? Did you hurt yourself? Did you damage the picture? Where are you? Auction rooms? Rundown old farmhouse?

[cmacwiz]

Which nation-state wants to welcome crypto and solidify their position as leading innovators? Stifling it in your country because you fear your own people, or is it just for petty crony cash, Benny Lawsky? The time will quickly approach and the countries left to squabble over $50k+ bitcoins to fill their crypto reserves will regret such narrow mindedness.

 
Japan, the phone is ringing...

Countries might not feel the need to fill their reserves with Bitcoins. They might encourage innovation, regulate bitcoin trades, but buying bitcoins would indicate that they didn't have faith in their own currency. That won't happen quickly.

You are correct, but what about state owned mining operations? Anyways you have a good point I completely overlook in my little rant. To adopt bitcoin, you abandon fiat to some extent

[Arriemoller]

I just stumbled over this 19th century painting:



THE BULL

it was painted 1878 by ...

... this guy:

https://en.wikipedia.org/wiki/Ferdinand_Hodler


let that sink in.  



edit: wiki art says he was big in...   yep: symbolism...  symbolism ffs

Linki no worky  

"Bad title
The requested page title contains invalid characters: "[".

Return to Main Page."

[600watt]

I just stumbled over this 19th century painting:



THE BULL

it was painted 1878 by ...

... this guy:

https://en.wikipedia.org/wiki/Ferdinand_Hodler


let that sink in.  



edit: wiki art says he was big in...   yep: symbolism...  symbolism ffs

Linki no worky  

"Bad title
The requested page title contains invalid characters: "[".

Return to Main Page."

fixed.does it work now?

[Arriemoller]

I just stumbled over this 19th century painting:



THE BULL

it was painted 1878 by ...

... this guy:

https://en.wikipedia.org/wiki/Ferdinand_Hodler


let that sink in.  



edit: wiki art says he was big in...   yep: symbolism...  symbolism ffs

Linki no worky  

"Bad title
The requested page title contains invalid characters: "[".

Return to Main Page."

fixed.does it work now?

Yes, now worky fine.