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

[cmacwiz]

I wake up and no new ATH yet? Why even get out of bed!

[gembitz]

ANXPRO policy on next Forks and Airdrops:
---------------------
"What are Hard Forks and Air Drops?

A “blockchain hard fork” is an event where there is a split in the network with two competing blockchains. This may take the form of:

Business as usual, where in the normal course of operation, temporary network splits happen and resolve themselves (typically withinseconds or minutes); no new currency or blockchain is created.
Non-contentious upgrades hard forks, where typically the majority of a network upgrade to a new version of the software and the old chain dies off; no new currency or blockchain is created.
Non-contentious “airdrop” forks, where a new blockchain is created, splitting off from an existing blockchain. Both chains continue to operate normally under different names (for example Bitcoin and Bitcoin Cash). In this case an additional blockchain is created, and operates under a new name.
Contentious fork, where segments within the community cannot reach consensus on the rules of the blockchain. One or both sub communities implement changes to the blockchain and accepting that “their” version of the consensus rules represent the “new” chain. In this case there may be significant disruption to the network, and one or multiple competing currencies may remain in operation after the event. There may even been industry confusion as to the naming of each blockchain.
An “Air Drop” is where tokens are allocated to existing token holders in a blockchain. The newly created tokens may be allocated in a fork of the source blockchain, or they may be tokens in a new or different blockchain.

Air Drops are typically non-contentious; normally some steps must be undertaken for a wallet management service to obtain the airdropped tokens.

-----

ANXPRO Operating Procedures Regards Some Recent and Upcoming Forks and Air Drops

Bitcoin Cash Non-Contentious Air Drop -
On August 1st, 2017 a non-contentious airdrop fork occurred where a new blockchain “Bitcoin Cash” was created as a clone of the original Bitcoin blockchain with some consensus rule changes.
ANXPRO halted deposits, trading, and withdrawals until system stability was clear. ANXPRO remains undecided on the economic viability of adding and supporting Bitcoin Cash, and will make a decision on whether to support Bitcoin Cash in early 2018.

Bitcoin Gold Hard Fork -
Bitcoin Gold is a new cryptocurrency denoted, as of now, as BTG or “bgold”. It will be a fork of the original Bitcoin and is a community-activated hard fork of Bitcoin with the claimed objective of improving miner decentralization. Bitcoin Gold is slated to launch on 25th October 2017, although the exact time for this fork is not yet confirmed.
ANXPRO does not consider Bitcoin Gold to be high risk at this time.
ANXPRO will not be supporting Bitcoin Gold in the near term, or crediting Bitcoin Gold to Bitcoin deposit holders; customers who wish to participate in this Air Drop are required to withdraw their funds prior to the 24th of October.


Bitcoin SegWit2x Hard Fork -
SegWit2x is a proposition to boost Bitcoin's transaction capacity, first proposed in May by a subsection of the community as a compromise between competing proposals (segwit and larger blocks). The fork is currently expected to occur sometime during November.
ANXPRO is concerned the SegWit2x hard fork is extremely contentious.
The high level of contention in the community has resulted in two competing implementations that both appear identical to existing legacy wallet clients, which may lead to confusion and disagreement across the Bitcoin ecosystem regarding the validity of transactions.
There are a large number of possible outcomes, including but not limited to:
Both chains coexist, with confusion and contention over which chain is “Bitcoin” (this is particularly complicated as SegWit2x will possibly be recognised as the valid chain by existing mobile and light wallets) OR
A compromise or emergency hard fork executed by either blockchain results in the emergence of a single blockchain.
ANXPRO feels the outcome remains unclear, however the possibility of a major network disruption is very high.
ANXPRO will schedule an extended outage from the fork date. ANXPRO will monitor the network, industry, and customer feedback through this period to form a policy on:
When it is safe to resume Bitcoin operations
Which of the two (or both) blockchains should be supported, and
What currency name and codes to use for each blockchain
ANXPRO requires customers withdraw with Bitcoin from ANXPRO prior to the hard fork if they wish to have the ability to participate in both chains.

ANXPRO will not be supporting Bitcoin SegWit2x Hard Fork in the near term.

As a final reminder, you must withdraw your digital currencies from ANXPRO if you wish to participate in forks and Air Drops. Security and stability is always our top-most priority and ANXPRO cannot, at this time, support unproven and unstable blockchains. ".

2mb blocks are only a threat to the lightning network cartel ... keep calm #bitcoin_mewn

[JimboToronto]

Another very pleasant good morning Bitcoinland.

After last night's nice little high volume correction/profit-taking, it's good to see we're heading back up... currently $5750USD/$7175CAD (Bitcoinaverage).

AltCash is down a bit at $318USD/$387CAD (Coinmarketcap).

While a $1k rise in a day is exhilarating, it can be a little nerve-wracking as well. I'd rather see daily increases of $100 or so. They're much healthier in the long run.

Hopefully we'll see another ATH soon.
_____

Congrats to all the holders who became millionaires for the first time yesterday, and to anyone else who passed a significant milestone yesterday.

Once again we have proof that buying the dips and holding is the best policy.

[Raja_MBZ]

We might be seeing something stricter for bitcoin from few governments worldwide now. $5750 is not a joke any more.

[sgk]

[Denker]

We might be seeing something stricter for bitcoin from few governments worldwide now. $5750 is not a joke any more.

Stricter than a ban??? LOL
No chance pal!
There is nothing governments can do except setting up laws they themselves probably won't follow!!And the people who want Bitcoin will always find ways to get it!
You can not stop that happening anymore!
Adopt or get left behind! That's it!!

[buyandhold]

and, this coming November https://youtu.be/lUNs6dA4cBI

[jojo69]

[mymenace]

We might be seeing something stricter for bitcoin from few governments worldwide now. $5750 is not a joke any more.

Stricter than a ban??? LOL
No chance pal!
There is nothing governments can do except setting up laws they themselves probably won't follow!!And the people who want Bitcoin will always find ways to get it!
You can not stop that happening anymore!
Adopt or get left behind! That's it!!

how they are trying to stop the internet
Peer to Peer networking

War on file sharing
War on encryption
War on information
War on cryptocurrency


time for peer to peer currency to rise

[panju1]

https://www.google.com/url?rct=j&sa=t&url=https://www.standard.co.uk/news/london/17m-london-mansion-up-for-sale-but-only-if-you-can-pay-in-bitcoin-a3657556.html&ct=ga&cd=CAEYASoTNDY5NzE0MzAzOTYyMzY2MDEzMjIcOWQyMjU2NTI4MTc4MWMwNDpjby51azplbjpHQg&usg=AFQjCNEKvl3m-GpEpvmscDaA1uAP3LEsDw

we need more of this

The buyer is going to hire detectives to ensure that the Bitcoins are not tainted. Would he have done the same thing if he was accepting a cheque? Bitcoins are as fungible as pounds and dollars.

[Searing]

We might be seeing something stricter for bitcoin from few governments worldwide now. $5750 is not a joke any more.

Yep. Watch the FUD hit the fan, if we hit 7k and it sticks. Would be hard for the powers
that be, to wave that away.

[Dakustaking76]

Kraken is going down with the price now to baddddddd

[rjclarke2000]

Kraken is going down with the price now to baddddddd

I thought no one would ever sell and it would always stay at the top! Fuck my life!!

[El duderino_]

Who is buying dips allready

[Ludwig Von]

Who is buying dips allready

Start @ 4520@ 

[explorer]

https://www.google.com/url?rct=j&sa=t&url=https://www.standard.co.uk/news/london/17m-london-mansion-up-for-sale-but-only-if-you-can-pay-in-bitcoin-a3657556.html&ct=ga&cd=CAEYASoTNDY5NzE0MzAzOTYyMzY2MDEzMjIcOWQyMjU2NTI4MTc4MWMwNDpjby51azplbjpHQg&usg=AFQjCNEKvl3m-GpEpvmscDaA1uAP3LEsDw

we need more of this

The buyer is going to hire detectives to ensure that the Bitcoins are not tainted. Would he have done the same thing if he was accepting a cheque? Bitcoins are as fungible as pounds and dollars.

I think it's been pointed out pretty clearly that that is not the case.  Coinbase managed to blacklist certain bitcoins years ago, demonstrating the lack of fungibility in bitcoin.  There would be no need, indeed, no ability, to investigate for 'taint' if it was fully fungible.

[barota]

i hope btc crashhhhhhhhhhhhhhhh

[barota]

80925  unconfirmed transactions

bitcoin will crash 

[gentlemand]

80925  unconfirmed transactions

bitcoin will crash 

Never in my life have I seen a trader give the slightest shit about the actual functionality of the network.

[buyandhold]

https://www.google.com/url?rct=j&sa=t&url=https://www.standard.co.uk/news/london/17m-london-mansion-up-for-sale-but-only-if-you-can-pay-in-bitcoin-a3657556.html&ct=ga&cd=CAEYASoTNDY5NzE0MzAzOTYyMzY2MDEzMjIcOWQyMjU2NTI4MTc4MWMwNDpjby51azplbjpHQg&usg=AFQjCNEKvl3m-GpEpvmscDaA1uAP3LEsDw

we need more of this

The buyer is going to hire detectives to ensure that the Bitcoins are not tainted. Would he have done the same thing if he was accepting a cheque? Bitcoins are as fungible as pounds and dollars.

I think it's been pointed out pretty clearly that that is not the case.  Coinbase managed to blacklist certain bitcoins years ago, demonstrating the lack of fungibility in bitcoin.  There would be no need, indeed, no ability, to investigate for 'taint' if it was fully fungible.

Quoted for bollocks monero shilling.