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

[sirazimuth]

I get them now, Zerohedge are just taking the piss..


Bitcoin Tumbles After Saudi Prince Calls Crypto - "Enron In The Making"


http://www.zerohedge.com/news/2017-10-23/bitcoin-tumbles-after-saudi-prince-calls-crypto-enron-making

jeezus...
those commenters sure sound like lovely folks ...not.
oh wait, it's the internet...  duhhh!,  nm....

[yermom]

I have a question for panic buyer  why Buy at a high price ( for me +3000 usd  per bitcoin its very expensive )

If it falls or crash What will you do?

Hi panic buyer here.
Question answered

[erre]

https://therearenosunglasses.wordpress.com/2014/02/07/the-curious-case-of-prince-al-walid-bin-talal/

[...] the judge described him in his written ruling as “completely unreliable”, “hopeless” and “pathetic”.

Can't be said better. Completely unreliable, hopeless and pathetic

[Torque]

What I like about BTG is the algorithm change. What I understood is that the algo change makes mining more decentral, it's possible to mine with GPU.

A warehouse full of ASICs vs a warehouse full of GPUs, the mining is still going to be centralized to massive farms to maximize profits with economies of scale.

And also there's this:

TREZOR Statement on Bitcoin Gold Fork

Bitcoin Gold is a proposed fork of Bitcoin, sharing its history up until the block height 491407 (around October 24, 6am UTC). As Bitcoin Gold has a subsequent pre-mine period, we do not yet know when the coin will launch.

pre-mine period

Hahahahahahaha!!!    

[jojo69]

jeezus...
those commenters sure sound like lovely folks ...not.
oh wait, it's the internet...  duhhh!,  nm....

it IS fight club after all

[Icygreen]

What I like about BTG is the algorithm change. What I understood is that the algo change makes mining more decentral, it's possible to mine with GPU.

A warehouse full of ASICs vs a warehouse full of GPUs, the mining is still going to be centralized to massive farms to maximize profits with economies of scale.

And also there's this:

TREZOR Statement on Bitcoin Gold Fork

Bitcoin Gold is a proposed fork of Bitcoin, sharing its history up until the block height 491407 (around October 24, 6am UTC). As Bitcoin Gold has a subsequent pre-mine period, we do not yet know when the coin will launch.

pre-mine period

Hahahahahahaha!!!    

That pretty much says it all. Dump coin it is.

[gembitz]

Good morning Bitcoinland.

I missed yesterday (too much tequila Saturday night) but I see I didn't miss much.

No new ATHs since Saturday (the day before yesterday) with a lot of bouncing up and down in the $5.6-$6.2 range... currently $5807UDS/$7348CAD (Bitcoinaverage).

While there was no new ATH, there was also no dip deep enough for me to buy. The furthest it went down ($5.6k) is still $500 higher than where I bought 5 days ago.

Meanwhile AltCash is down a tiny bit again... currently $315USD/$398CAD (Coinmarketcap).

Seems there's a little indecision as we head toward the AltGold fork. As always it's a great time to hold.
___

Sometimes this place cracks me up. All the Chicken Little clucking and panicking (or should I say kwukking) over a little bit of Bitcoin's famous volatility.

Jeezuz. Calm down.  

:-D

weeeeeeee

[Last of the V8s]

pre-mine period

Hahahahahahaha!!!    

there's also a fork of the btcgold fork - yes - with no premine period

https://github.com/realBitcoinGold/BTCGPU/commit/623ec59bb35bd4f20031506a4314e45a1d53fa6f

[Karartma1]

pre-mine period

Hahahahahahaha!!!    

there's also a fork of the btcgold fork - yes - with no premine period

https://github.com/realBitcoinGold/BTCGPU/commit/623ec59bb35bd4f20031506a4314e45a1d53fa6f

No way! This world is the best!
"If the majority of Bitcoin Gold GPU miners use this client, there will be no premine on the Bitcoin Gold blockchain"
Scam the scammers!
Awesome

[vroom]

Scam the scammers!

scam the scammers and fork the forkers!

[yefi]

BTG futures market already active and going haywire on Yobituary.   
current bids .083btc... crypto insanity, but what else is new?...

Looks like it will be a nice little earner. I thought the same as others that it would be in the millibits range.

[AlcoHoDL]

Scam the scammers!

scam the scammers and fork the forkers!

via Imgflip Meme Generator

[Ibian]

Good luck with that.  I have not yet seen the trend change, merely because we are pausing at the top for a while.... That is not unusual and does not necessitate any kind of significant correction of 40% or 50%, even though one may come, but 20% would be more reasonable, ... even though in the end, anything is fair game in bitcoinlandia... .

It's not much for the TA. It's the forking attacks, the FUD and announced terrorist crackdowns by TPTB ( https://www.coindesk.com/jeff-sessions-bitcoin-use-is-a-big-problem/ ), it's for the technical weak points of BTC (a hundred billions $ project kept alive by some voluntary full node runners? seriously?), and the fact that ultimately it's backed only by faith while every day new better and improved -and cheap- coins are made. 

All this is telling me to not bet the farm on BTC, even if I'm still >80% in it.

Network effect. Facebook is an abomination that should objectively be burnt to the ground, and ZukZuk strung up for spying on the world.

[Ibian]

BTG futures market already active and going haywire on Yobituary.  
current bids .083btc... crypto insanity, but what else is new?...

I have to be honest, I was really hoping to ignore this one. I guess that's not happening.

I feel the same way, and from the outside looking in it must be fucking weird. Free money and people are complaining???

[Last of the V8s]

https://jlopp.github.io/bitcoin-core-config-generator/
great spoonfeeding
https://medium.com/@lopp/securing-your-financial-sovereignty-3af6fe834603
run a node already

[Ibian]

What I like about BTG is the algorithm change. What I understood is that the algo change makes mining more decentral, it's possible to mine with GPU.

A warehouse full of ASICs vs a warehouse full of GPUs, the mining is still going to be centralized to massive farms to maximize profits with economies of scale.

And also there's this:

TREZOR Statement on Bitcoin Gold Fork

Bitcoin Gold is a proposed fork of Bitcoin, sharing its history up until the block height 491407 (around October 24, 6am UTC). As Bitcoin Gold has a subsequent pre-mine period, we do not yet know when the coin will launch.

pre-mine period

Hahahahahahaha!!!    

That pretty much says it all. Dump coin it is.

Yup. Instant dump, thanks for the heads up.

[Torque]

Network effect. Facebook is an abomination that should objectively be burnt to the ground, and ZukZuk strung up for spying on the world.

It's amazing to me how all the govt/state spy devices are being hard marketed and sold to the public, right to their faces, and they will just fall for it because 'muh innovashuns'.

Social media apps to collect your browsing, interests, and conversation data. Smart phones and smart watches to track your every location and record your calls and texts, smart home devices (Google Home, Amazon Echo, Apple HomePod) to secretly listen/spy on your private in-home conversations and record your voice and discussions, CCTV cameras on every street corner and in every public space, etc.

Call me paranoid, but things are heading in a very negative direction when it comes to personal privacy rights.  

[vroom]

[JimboToronto]

Gotta love this. The price bounces up and down by over $300 and nobody seems to care.

Just another day in Bitcoinland.

[becoin]

Bitcoin Tumbles After Saudi Prince Calls Crypto - "Enron In The Making"

Damn.
Who in this world can say something to make price drop for more than 2 hours?