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Question: What happens first:
$65,000 - 59 (86.8%)
$48,000 - 9 (13.2%)
Total Voters: 68

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26336776 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (170 posts by 1 users with 9 merit deleted.)
LFC_Bitcoin
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November 08, 2017, 04:10:33 PM

When buying a trezor, how can you be sure it doesnt get reprogrammed or something on the way here?

I’m guessing you can’t be 100% certain, it’s very unlikely though. Nearly every method of holding coins has a certain level of risk, some obviously more than others.
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November 08, 2017, 04:10:50 PM

that is why they will provide the network with better features that make it more competitive in relation to its environment.

You achieve that with consensus and a smooth upgrade that carries everyone along with you. Not detonating a bomb which kills half the crowd you depend on to eat which is what 2X is.

Exactly, that's what people don't seem to understand. Bitcoin is going to get to 2x or some other increase in the future but not now and not like this.
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November 08, 2017, 04:25:22 PM

that is why they will provide the network with better features that make it more competitive in relation to its environment.

You achieve that with consensus and a smooth upgrade that carries everyone along with you. Not detonating a bomb which kills half the crowd you depend on to eat which is what 2X is.

Exactly, that's what people don't seem to understand. Bitcoin is going to get to 2x or some other increase in the future but not now and not like this.

Amen!
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November 08, 2017, 04:34:23 PM





A study reveals that those who share 'deep' quotes on Facebook/Internet are unintelligent, and they are also more likely to believe paranormal theories: http://journal.sjdm.org/15/15923a/jdm15923a.pdf

A study reveals that you Gab0 are a verified troll/shill, and always will be one.  Roll Eyes So who's paying you to continue on with your drivel?
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November 08, 2017, 04:46:46 PM

When buying a trezor, how can you be sure it doesnt get reprogrammed or something on the way here?

I believe there's no firmware present in a freshly-unpacked TREZOR. This means that, in order to be able to use it, you must download the firmware from SatoshiLabs (the creators of TREZOR) and program the device yourself. During this process, a digital fingerprint is displayed on the device's screen, that should exactly match the one shown on the computer screen. After doing all this, your TREZOR is supposed to be tamper-proof and ready to securely manage your keys.
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November 08, 2017, 04:54:59 PM

When buying a trezor, how can you be sure it doesnt get reprogrammed or something on the way here?

I believe there's no firmware present in a freshly-unpacked TREZOR. This means that, in order to be able to use it, you must download the firmware from SatoshiLabs (the creators of TREZOR) and program the device yourself. During this process, a digital fingerprint is displayed on the device's screen, that should exactly match the one shown on the computer screen. After doing all this, your TREZOR is supposed to be tamper-proof and ready to securely manage your keys.

They come with preinstalled fw (or at least they did in the past). But afaik the bootloader is read-only and is responsible to check the digital signature of any fw about to be installed.
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November 08, 2017, 05:08:10 PM

When buying a trezor, how can you be sure it doesnt get reprogrammed or something on the way here?

I believe there's no firmware present in a freshly-unpacked TREZOR. This means that, in order to be able to use it, you must download the firmware from SatoshiLabs (the creators of TREZOR) and program the device yourself. During this process, a digital fingerprint is displayed on the device's screen, that should exactly match the one shown on the computer screen. After doing all this, your TREZOR is supposed to be tamper-proof and ready to securely manage your keys.

Irrelevant, the NSA could intercept your Trezor and stuff the pretty case with entirely different guts designed to outwardly mimic the actual device.

Then the ninjas drop out of your ceiling vent.
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November 08, 2017, 05:09:14 PM

You achieve that with consensus and a smooth upgrade that carries everyone along with you. Not detonating a bomb which kills half the crowd you depend on to eat which is what 2X is.

so much this
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November 08, 2017, 05:12:55 PM

Segwit 2x guys just threw in the towel - bullish as fuck?

https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-November/000685.html

Quote
...
Our goal has always been a smooth upgrade for Bitcoin.  Although we
strongly believe in the need for a larger blocksize, there is something we
believe is even more important: keeping the community together.
Unfortunately, it is clear that we have not built sufficient consensus for
a clean blocksize upgrade at this time. Continuing on the current path
could divide the community and be a setback to Bitcoin’s growth. This was
never the goal of Segwit2x.
...
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November 08, 2017, 05:15:28 PM

Segwit2x dead in the water (at least for now). I think bullish. Let's stop with damn forks please.
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November 08, 2017, 05:16:14 PM

Segwit 2x guys just threw in the towel - bullish as fuck?

https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-November/000685.html

Quote
...
Our goal has always been a smooth upgrade for Bitcoin.  Although we
strongly believe in the need for a larger blocksize, there is something we
believe is even more important: keeping the community together.
Unfortunately, it is clear that we have not built sufficient consensus for
a clean blocksize upgrade at this time. Continuing on the current path
could divide the community and be a setback to Bitcoin’s growth. This was
never the goal of Segwit2x.
...

moon time again? Uh-weeehh
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November 08, 2017, 05:16:31 PM

Segwit 2x guys just threw in the towel - bullish as fuck?

https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-November/000685.html

Quote
...
Our goal has always been a smooth upgrade for Bitcoin.  Although we
strongly believe in the need for a larger blocksize, there is something we
believe is even more important: keeping the community together.
Unfortunately, it is clear that we have not built sufficient consensus for
a clean blocksize upgrade at this time. Continuing on the current path
could divide the community and be a setback to Bitcoin’s growth. This was
never the goal of Segwit2x.
...

Woo. Hoo. Smiley
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November 08, 2017, 05:16:55 PM

that is why they will provide the network with better features that make it more competitive in relation to its environment.

You achieve that with consensus and a smooth upgrade that carries everyone along with you. Not detonating a bomb which kills half the crowd you depend on to eat which is what 2X is.

Exactly, that's what people don't seem to understand. Bitcoin is going to get to 2x or some other increase in the future but not now and not like this.

I do not know if it will be done now or later. What I do know is that the history of evolution is ruthless, and only the strongest survive.
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November 08, 2017, 05:17:50 PM

The x2 chain, in a darwinist/capitalist context, is more likely to survive than the x1 chain.

The highlighted aspect says to me - fear of being poor. That's why they won't disrupt how Bitcoin is operating and that informs all behaviour in this space.

or..., that is why they will provide the network with better features that make it more competitive in relation to its environment.
Every biologically immutable being is doomed to disappear with respect to those who do. Homo sapiens vs Homo erectus.

If that's  the case, why did VHS survive and Betamax die?
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November 08, 2017, 05:19:17 PM

that is why they will provide the network with better features that make it more competitive in relation to its environment.

You achieve that with consensus and a smooth upgrade that carries everyone along with you. Not detonating a bomb which kills half the crowd you depend on to eat which is what 2X is.

Core voluntarily decided not to attend the NY agreement. Nobody left them out
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November 08, 2017, 05:19:44 PM

Where are the train & rocket gifs?

$7688 on Stamp right now gentlemen.
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November 08, 2017, 05:20:33 PM

Segwit 2x guys just threw in the towel - bullish as fuck?

https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-November/000685.html

Quote
...
Our goal has always been a smooth upgrade for Bitcoin.  Although we
strongly believe in the need for a larger blocksize, there is something we
believe is even more important: keeping the community together.
Unfortunately, it is clear that we have not built sufficient consensus for
a clean blocksize upgrade at this time. Continuing on the current path
could divide the community and be a setback to Bitcoin’s growth. This was
never the goal of Segwit2x.
...

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November 08, 2017, 05:20:48 PM

Someone hit the nitro boost.
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November 08, 2017, 05:21:14 PM

Segwit 2x guys just threw in the towel - bullish as fuck?

https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-November/000685.html

Quote
...
Our goal has always been a smooth upgrade for Bitcoin.  Although we
strongly believe in the need for a larger blocksize, there is something we
believe is even more important: keeping the community together.
Unfortunately, it is clear that we have not built sufficient consensus for
a clean blocksize upgrade at this time. Continuing on the current path
could divide the community and be a setback to Bitcoin’s growth. This was
never the goal of Segwit2x.
...

Holy crap, for realz?

Talk about 11th hour reprieve.

Well, 9th hour.
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November 08, 2017, 05:22:05 PM

we get free coins after forks. they are aidrop for holding bitcoin. we can get 10% of value from the bitcoin price.

When it forks the value of the other will go down while the new one takes a bit away from it and then when you put it back into BTC then BTC will be back where it was before and the other coin goes down.  That's just my impression
But i don't see a difference because when the fork happens, say bitcoin drops 10% because people go into the other fork then you buy back that extra from the fork but it's like a seesaw because we all go into that one bringing the other price down and then we buy the other back and then it goes up so you don't win anything really.

Economy is not a zero sum game.
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