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

[Torque]

i think  jamie-dimon  Speak only

https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

dump this fucker bitcoin damnnn

I suggest we dump Dimon talk until something interesting happens - like if he gets full board at taxpayers expense.

There's another reason never to listen to what this guy says:
https://en.wikipedia.org/wiki/Jamie_Dimon

He majored in psychology and economics at Tufts University.

He majored in psychology

[alexeft]

i think  jamie-dimon  Speak only

https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

dump this fucker bitcoin damnnn

I suggest we dump Dimon talk until something interesting happens - like if he gets full board at taxpayers expense.

There's another reason never to listen to what this guy says:
https://en.wikipedia.org/wiki/Jamie_Dimon

He majored in psychology and economics at Tufts University.

He majored in psychology

Same as Jihadi Wu of sorts ...................
Oh boy these scammers!

[itod]

So basically we're looking at a repeat of BCH. There will be a split, BTC will dump to make room for the new token/s, then the new token/s will slowly die, bleeding back into BTC. That the long and short of it?

Unfortunately, this fork, at its current state, is much more dangerous than BCH since the S2X devs have not enabled strong replay protection at this time. AFAIK, they briefly included some bullshit opt-out protection where people would have to include some dust transaction to a certain address; if they wanted the transaction to only be played on the BTC chain. (This would have effectively bloated the BTC chain)  However, I believe even that BS has been yanked. I hope Garzik does the right thing and implements strong opt-in protection. If not, this may be a mess.

Amazing how people don't want to discuss  unpleasant things. When I've mentioned this few days ago:

https://bitcointalk.org/index.php?topic=178336.msg23020048#msg23020048

I was accused of spreading FUD almost immediately after that. My strong feeling we are approaching this fork not prepared enough to protect BTC, relaying on the fact that BCC was so easily wiped out of the picture.

[Last of the V8s]

So basically we're looking at a repeat of BCH. There will be a split, BTC will dump to make room for the new token/s, then the new token/s will slowly die, bleeding back into BTC. That the long and short of it?

Unfortunately, this fork, at its current state, is much more dangerous than BCH since the S2X devs have not enabled strong replay protection at this time. AFAIK, they briefly included some bullshit opt-out protection where people would have to include some dust transaction to a certain address; if they wanted the transaction to only be played on the BTC chain. (This would have effectively bloated the BTC chain)  However, I believe even that BS has been yanked. I hope Garzik does the right thing and implements strong opt-in protection. If not, this may be a mess.

Amazing how people don't want to discuss  unpleasant things. When I've mentioned this few days ago:

https://bitcointalk.org/index.php?topic=178336.msg23020048#msg23020048

I was accused of spreading FUD almost immediately after that. My strong feeling we are approaching this fork not prepared enough to protect BTC, relaying on the fact that BCC was so easily wiped out of the picture.

People here maybe don't want to admit their fears, but @anonymint is making some headway on what might happen: https://bitcointalk.org/index.php?topic=2259054.0
note that 2x fork is irrelevant, or a mere blip to his theory

[BlindMayorBitcorn]

Anyway look there's no point you or me or anyone discussing any of this here. we have no skin in the game.

This is cryptic. You sodl?

[Last of the V8s]

Anyway look there's no point you or me or anyone discussing any of this here. we have no skin in the game.

This is cryptic. You sodl?

it's all pretty damn cryptic. i wish i was clever.
no. never sell. just that people here only have 10 or 100 or 1000 or 9999. they don't count in the grand scheme of things.
and. they're - we're - stupid, and too old to help out.

[Raja_MBZ]

So we're still under $6000? Can't we go beyond or back? I don't like this much stability in bitcoin.

That's so "unlike" bitcoin.

[European Central Bank]

People here maybe don't want to admit their fears, but @anonymint is making some headway on what might happen: https://bitcointalk.org/index.php?topic=2259054.0
note that 2x fork is irrelevant, or a mere blip to his theory

there's lots of impressive words and even more impressive supposition. who is anyone to know who 'whales' are and what their intentions are? and what's with the ongoing fear and deification of this popescu guy? as far as i can tell he's an unpleasant writer who owns a few thousand coins.

things have moved on. the people who might have had majority influence once upon a time are now sidelined and yesterday's men.

[bitserve]

i think  jamie-dimon  Speak only

https://www.cnbc.com/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

dump this fucker bitcoin damnnn

I suggest we dump Dimon talk until something interesting happens - like if he gets full board at taxpayers expense.

There's another reason never to listen to what this guy says:
https://en.wikipedia.org/wiki/Jamie_Dimon

He majored in psychology and economics at Tufts University.

He majored in psychology

Turds University? What the fuck is that? Something like Phoenix University that bassically sells the grades?

[fluidjax]

The current state of replay protection for 2X is:
They are discussing making a pre-prepared transaction in the forking block  (so its only on the B2X chain) this block will then be used like a dust fountain (or faucet) spewing out tiny bits of B2X chain dust on request. Once you have mixed this dust with your coins they can easily be split, as the TX can't be replayed on the existing chain.

Of course this is not proper replay protection, they don't want that because they would need to get everyone to install new (SPV) wallets.
They are hoping to fool these newbies into moving to their 2X chain without them even knowing.
Talk about dishonest....

[Last of the V8s]

People here maybe don't want to admit their fears, but @anonymint is making some headway on what might happen: https://bitcointalk.org/index.php?topic=2259054.0
note that 2x fork is irrelevant, or a mere blip to his theory

there's lots of impressive words and even more impressive supposition. who is anyone to know who 'whales' are and what their intentions are? and what's with the ongoing fear and deification of this popescu guy? as far as i can tell he's an unpleasant writer who owns a few thousand coins.

things have moved on. the people who might have had majority influence once upon a time are now sidelined and yesterday's men.

iirc you said sth similar before.
yet even luke-jr sees it, or at least some of it: https://www.reddit.com/r/Bitcoin/comments/74fvvx/unpopular_solution_agree_to_2mb_hf_written_by/dnyd6ml/
the rest of it is in the publicly available logs and published accounts of mpex

[Fatman3001]

I hope the CoreCoin drop will be worth something. A slightly inferior coin with 1 miner controlling 80% of the hashing power doesn't sound too tasty.

Don't you have some altcrash forum to troll in?

Why so touchy? It won't affect BTC. But we'll all be CoreCoin hodlers, so it would be nice to hear some thoughts. Dump immediately or wait for some vanity rally, like with ETC?

I will dump whatever alt should come out of a fork a.s.a.p. I did it with Bcash and it paid out handsomely.

I held on to Bitcoin Cash, just in case. I might consider it with CoreCoin too, but I don't really see the point. Its strongest card is its devs, but they clearly have a problem with cooperating with the community. Also, who knows who will stay when shit hits the fan. Some of them are flexible and have worked with alts, so they might just shift focus entirely.

You are really on a nonsense streak today... more than usual.   

Maybe. We'll see.

[jojo69]

RIP Kurds   

[itod]

The current state of replay protection for 2X is:
They are discussing making a pre-prepared transaction in the forking block  (so its only on the B2X chain) this block will then be used like a dust fountain (or faucet) spewing out tiny bits of B2X chain dust on request. Once you have mixed this dust with your coins they can easily be split, as the TX can't be replayed on the existing chain.

Of course this is not proper replay protection, they don't want that because they would need to get everyone to install new (SPV) wallets.
They are hoping to fool these newbies into moving to their 2X chain without them even knowing.
Talk about dishonest....

With (not-so-well)hidden agenda that 2X coins could easily be replay protected, and thus more secure. Read: more attractive to the average Joe. We need something similar for real Bitcoin, unfortunately nobody gives a damn.

[JimboToronto]

Good morning Bitcoinland.

Not much change other than Sunday's beartrap finishing closing... currently $5684USD/$7123CAD (Bitcoinaverage).

AltCash also flat... currently $314USD/$393CAD (Coinmarketcap).

We're pretty much where we were after the dust settled after spectacular Thursday. I'll consider this to be a half week of consolidation so far.

Maybe soon we can see some new ATHs.

[BlindMayorBitcorn]

This is very deja vu for me.
https://bitcointalk.org/index.php?topic=942404.msg10324985#msg10324985

[European Central Bank]

iirc you said sth similar before.
yet even luke-jr sees it, or at least some of it: https://www.reddit.com/r/Bitcoin/comments/74fvvx/unpopular_solution_agree_to_2mb_hf_written_by/dnyd6ml/
the rest of it is in the publicly available logs and published accounts of mpex

i've spent the last hour reading. i still don't get it and i still don't get why i should be paying any attention to anything he thinks or does beyond 2012. sorry folks.

[Last of the V8s]

[BlindMayorBitcorn]

iirc you said sth similar before.
yet even luke-jr sees it, or at least some of it: https://www.reddit.com/r/Bitcoin/comments/74fvvx/unpopular_solution_agree_to_2mb_hf_written_by/dnyd6ml/
the rest of it is in the publicly available logs and published accounts of mpex

i've spent the last hour reading. i still don't get it and i still don't get why i should be paying any attention to anything he thinks or does beyond 2012. sorry folks.

He ran an exchange. Probably shorted the Gox collapse. If he was sitting on a hundred thousand coins I wouldn't be surprised.

[European Central Bank]

He ran an exchange. Probably shorted the Gox collapse. If he was sitting on a hundred thousand coins I wouldn't be surprised.

great. so do a few other people.

why is he the dark lord?