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

[BlindMayorBitcorn]

what are the wallets or exchanges that supports the bitcoin chain split? anyone?

Bitfinex has released a statement more or less to the effect that, following the chain split, should the original chain cease to exist, Segwit2x will be the new BTC. Should the original chain continue in any way, it will keep the BTC ticker and Segwit2x will be listed as B2X.

[centralbanksequalsbombs]

Barry Silbert's DCG consortium of companies with his minion Jeff Garzik will need alot of luck to even launch and maintain their scam Segwit2x BTC1 altcoin effort. LOL

[Karartma1]

what are the wallets or exchanges that supports the bitcoin chain split? anyone?

Bitfinex has released a statement more or less to the effect that, following the chain split, should the original chain cease to exist, Segwit2x will be the new BTC. Should the original chain continue in any way, it will keep the BTC ticker and Segwit2x will be listed as B2X.

It sounds me like a diplomatic move to say, hey, we are one of the biggest exchanges, we will let you trade SegWit2x coins when they arrive but please consider that if the "old" or "original" bitcoin chain will live it will stick to the real ticker BTC BTC.
 
I mean everyone should have a piece of bread daily 

[BlindMayorBitcorn]

what are the wallets or exchanges that supports the bitcoin chain split? anyone?

Bitfinex has released a statement more or less to the effect that, following the chain split, should the original chain cease to exist, Segwit2x will be the new BTC. Should the original chain continue in any way, it will keep the BTC ticker and Segwit2x will be listed as B2X.

It sounds me like a diplomatic move to say, hey, we are one of the biggest exchanges, we will let you trade SegWit2x coins when they arrive but please consider that if the "old" or "original" bitcoin chain will live it will stick to the real ticker BTC BTC.
 
I mean everyone should have a piece of bread daily  

I wonder how timely they'll be handling the split. By some kind of insanity Coinbase is still sitting on user's BCH's.

[harrymmmm]

Only by miners that agree to implement this, and do not renege. What guarantee do you have that this will be the case? For that matter, what guarantee do you have that someone does not know the private key corresponding to this address?

The miners that don't agree to this, would not be on SegWit2X. There is no private key for this address, but the redeem script has been published, so anyone can spend whatever is there.

So one could use the address given + redeem script on the input side of a splitting transaction?
Does that work if there isn't even one satoshi in the address?

[Dakustaking76]

what are the wallets or exchanges that supports the bitcoin chain split? anyone?

Bitfinex has released a statement more or less to the effect that, following the chain split, should the original chain cease to exist, Segwit2x will be the new BTC. Should the original chain continue in any way, it will keep the BTC ticker and Segwit2x will be listed as B2X.

Your wrong SegwitX2 Will not Be the new btc, the spilt called btcgold ist Just an altcoin again
And the original chain Will go further again.

[bifle]

what are the wallets or exchanges that supports the bitcoin chain split? anyone?

Bitfinex has released a statement more or less to the effect that, following the chain split, should the original chain cease to exist, Segwit2x will be the new BTC. Should the original chain continue in any way, it will keep the BTC ticker and Segwit2x will be listed as B2X.

Your wrong SegwitX2 Will not Be the new btc, the spilt called btcgold ist Just an altcoin again
And the original chain Will go further again.

There is a lot of misunderstanding here. 2 forks are coming : Bitcoin versus BitcoinGold (BTCGPU) , then Bitcoin versus Bitcoin2X

[Dakustaking76]

what are the wallets or exchanges that supports the bitcoin chain split? anyone?

Bitfinex has released a statement more or less to the effect that, following the chain split, should the original chain cease to exist, Segwit2x will be the new BTC. Should the original chain continue in any way, it will keep the BTC ticker and Segwit2x will be listed as B2X.

Your wrong SegwitX2 Will not Be the new btc, the spilt called btcgold ist Just an altcoin again
And the original chain Will go further again.

There is a lot of misunderstanding here. 2 forks are coming : Bitcoin versus BitcoinGold (BTCGPU) , then Bitcoin versus Bitcoin2X

Yes i know there Will Be 2 forks but the first one is btcgold(altcoin) free coins for the btc holders.
Thats Why we are going up, poeple are buying to get more free coins.
That they can sell iT for btc self making there stash bigger
And then the second fork Will happen also an altcoin, we Will always stay original btc.

[Meuh6879]

SegWit work.
Really.

[JayJuanGee]

Wow. This is a good problem. I sold at $4300 and plan to buy back at lower price but look. BTC is holding. Congrats to all of us.  

What you gonna do?

Better buy back in soon!

I'll let it sit there for a while(a month) and if BTC goes parabolic i'll move it to tether-alts pair then go back to btc. 160btc is not big.

I agree that whatever you do would likely be a package situation, and you might have various ways that you can back out or hedge - however, it really does not sound as if you are hedged - and that is partly what I mean about preparing for both down and up...

I don't think that it matters how "big" is 160btc, but instead more importantly whether you are prepared for either price direction - because even if probabilities seem pretty good in one direction, bitcoin still is ambiguous and frequently will do the opposite of expectations - and still we are in a bull market too.. Unless someone can provide some convincing evidence to the contrary, our bull market has been since about mid-to-late 2015 (even though we may not have realized that the bull market had begun until about May 2016 or perhaps a bit later than that, perhaps?) - so sure it has been a fairly long and exponential bull market, but we certainly do not have any kind of clear, unambiguous and convincing evidence that the bull market is either stopping or that it is reversing.  So even though we cannot assume that the bull market is continuing, it seems even more dangerous to assume that it has stopped or to bet against some amount of continued upwards movement.

Buying back to btc is a no-go. Its a straight loss on you.

You might be correct, but sometimes guys who play balls to the walls, also might know that it is sometimes better to have some stake in the game and to cut your losses... but sure, you can gamble 100% if you think that is the more prudent and practical approach for your own circumstances.

But still congrats to all. BTC support is slightly stronger this time.

Bitcoin has been strong for a long time... and yeah, we may get a few fake outs after our correction to $2970, but really, there has been decent and ongoing buying pressure.. so seems like the only way to be excited is to have some stake in the game, rather than being happy for others, right?  What is the purpose of being happy for others?  It is like me buying Ethereum.. it has not happened yet... so yeah, I continue to wait for my buy point, but it does not hit.. so I guess I am somewhat happy for others, but I don't really care too much because I am not in that one and I have a different and skeptical perspective of ETH...

I assume not just one big buyer/dumper controlling the market. Maybe more like me, small in amount but several or more of active buyers/traders.

happy Hodling.  

Seems like we are getting more and more entrants into bitcoin and they are scattered over more than 150 exchanges, so sure some exchanges have more influence than others, but bears have been having troubles for quite some time in keeping BTC prices down in the past couple of years, and the best that they have been able to do is temporary measures, especially since about May 2016, when they lost control of $500 and the rest has been their struggling within a bull market... so hodl and buy and don't bet too much down because the overall trend remains UP.

[JayJuanGee]

what are the wallets or exchanges that supports the bitcoin chain split? anyone?

Bitfinex has released a statement more or less to the effect that, following the chain split, should the original chain cease to exist, Segwit2x will be the new BTC. Should the original chain continue in any way, it will keep the BTC ticker and Segwit2x will be listed as B2X.

It sounds me like a diplomatic move to say, hey, we are one of the biggest exchanges, we will let you trade SegWit2x coins when they arrive but please consider that if the "old" or "original" bitcoin chain will live it will stick to the real ticker BTC BTC.
 
I mean everyone should have a piece of bread daily 

They are announcing more than just a forking plan, but a preforking plan to trade tokens and to attempt to create a kind of prediction market... while making money on it at the same time.

https://www.bitfinex.com/posts/221

[notme]

SegWit work.
Really.

Peak is Aug 1, on the decline since.  BTC denominated chart is even more pronounced, but the price rise helps this one to look a bit better.

[rjclarke2000]

Is it good time to sell or to buy bitcoin?

No one knows and if they say they do it's bullshit. I'd suggest doing your own research and making your own mind up. Me personally I'm here for the long term so price movements now are meaningless

[becoin]

Is it good time to sell or to buy bitcoin?

Yes.

[Nivir]

Is it good time to sell or to buy bitcoin?

Buy in my own opinion. Many will be looking forward on this up coming bitcoin gold hard fork just like what happened on bitcoin cash last August. And Chinese government regulating their ICOs and their exchanges means crypto is officially legal.

[JayJuanGee]

Is it good time to sell or to buy bitcoin?

No one knows and if they say they do it's bullshit. I'd suggest doing your own research and making your own mind up. Me personally I'm here for the long term so price movements now are meaningless

I know... I know... I know....    


O.k... from here on out... sell if the  BTC price goes up, and buy if the BTC price goes down.. that's what I am saying would be good from here... but don't sell too much.  Sell in increments in order that you will still have at least 50% of your bitcoin if prices were to shoot up 4x...   Regarding down.. .don't buy too much, because you want to be able to buy all the way down to $1k, ,,,, just in case... although I doubt that prices will easily go below $2,500 and even might take a bit of effort to get down to $3k, too.

[vroom]

Is it good time to sell or to buy bitcoin?

Bitcoin.

[vroom]

on bitfinex BTC/BT2 is currently trading for 0.4. I wish I could already sell my 2xshitcoin to get my +40% btc

[becoin]

on bitfinex BTC/BT2 is currently trading for 0.4. I wish I could already sell my 2xshitcoin to get my +40% btc

So, we can expect bitcoin price to go up 40% by mid November?

[Samarkand]

on bitfinex BTC/BT2 is currently trading for 0.4. I wish I could already sell my 2xshitcoin to get my +40% btc

The trading pair has been live for just a few hours with tiny volume.
I would wait until the futures market is more liquid.

It´s too early to use this as an indication of the likely BTC2X price.