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

[Torque]

Headed back to 2k now ?

Fork over. 2k's still pretty good. 100% gain on the year.

Haha good one. The market didn't run from $1k to $7k in a year because of a two-bit fork.

[bitcoinPsycho]

Indeed

[conspirosphere.tk]

So now Bitcoin is stuck with 1mb forever.

The Lies and Censorship crew have won.

Meanwhile, Lightning Network is at-least "18 months" away from being deployed.

Are you guys ready for $100+ fees?

This is the "settlement layer" you wanted. Forget Satoshi's Bitcoin, now BTC is a store of value only coin. Who cares about commerce or competing with banks or actually trying to change the world, right?

Will you bigblocktards keep whining and bullshitting here for ever? Just do your shitforkcoin things and show them to the world.
Ah: BTC is 1MBFOREVA

[chopstick]

Bitcoin could have saved the world, but it got taken over by the Bankers and now has Retarded itself to a max. 6 transactions per second. Visa, and Mastercard are laughing their asses off at RetardCoin while simultaneously breathing a sigh of relief that a major threat to their existence, Bitcoin, has been removed.

Now it's all up to Bitcoin Cash.

Anyone who thinks that this is a good thing have seriously deluded themselves and are fools for believing the Blockstream propaganda, lies and FUD.

Would rather seem like the market is disagreeing with your morose opinion.

Speculators only care about making money, they don't care about destroying the banks or whatever.

Never been known to be the Brightest bunch those speculators...

As is evidenced by how many people here support Crippling Bitcoin for the foreseeable future. A Central Banker's dream come true.

[Punisher1314]

Wow, big blockers got a big dose of butthurt today.. lol

Lets see how the markets react now, but releasing this announcement few days before the fork smells weird...

[TheFlynn49]

Wow, big blockers got a big dose of butthurt today.. lol

Lets see how the markets react now, but releasing this announcement few days before the fork smells weird...

A few days _after_ would have been weirder

[chopstick]

So now Bitcoin is stuck with 1mb forever.

The Lies and Censorship crew have won.

Meanwhile, Lightning Network is at-least "18 months" away from being deployed.

Are you guys ready for $100+ fees?

This is the "settlement layer" you wanted. Forget Satoshi's Bitcoin, now BTC is a store of value only coin. Who cares about commerce or competing with banks or actually trying to change the world, right?

Will you bigblocktards keep whining and bullshitting here for ever? Just do your shitforkcoin things and show them to the world.
Ah: BTC is 1MBFOREVA

It sounds like you must Enjoy  paying $100+ to move your coins off an exchange.

Tell your grandma to buy Bitcoin, it's a great investment. I'm sure she will love the part where she has to calculate a priority fee to pay based on the size of her transaction.

For everything else, there's Bitcoin Cash.

[petahashminer]

is FIAT done ?

[Ibian]

We still do need higher transaction capacity. The only question is how.

[conspirosphere.tk]

It sounds like you must Enjoy having Blockstream's  dick shoved down your throat while your paying $100+ to move your coins off an exchange.

Tell your grandma to buy Bitcoin, it's a great investment. I'm sure she will love the part where she has to calculate a priority fee to pay based on the size of her transaction.

For everything else, there's Bitcoin Cash.

What sort of idiot is in bitcoin to spend them in b/s?
It's just you.

[starmman]

We still do need higher transaction capacity. The only question is how.

DOGE has 10x capacity by having a 1m block time instead of 10, if there was a way to reduce the reward by 10x and decrease the time to 1m that would work - or am I wrong =)

[Rosewater Foundation]

I can't help but think my mean spirited meme is responsible for this.

[chopstick]

It sounds like you must Enjoy having Blockstream's  dick shoved down your throat while your paying $100+ to move your coins off an exchange.

Tell your grandma to buy Bitcoin, it's a great investment. I'm sure she will love the part where she has to calculate a priority fee to pay based on the size of her transaction.

For everything else, there's Bitcoin Cash.

What sort of idiot is in bitcoin to spend them in b/s?
It's just you.

Yeah, because the thousands of people who have disconnected themselves from the banks and from FIAT don't exist.

Legacy Bitcoin has been taken over by corporate interests that want to prevent BTC from scaling, thus removing competition and ensuring their monopolies will continue uncontested. No one is going to want to pay $20, 30, 40, 50$+ fees to make a payment or just to move coins. Thus, Legacy Bitcoin has truly become a Banking Settlement Layer - with fees comparable to a bank wire, and confirmation times comparable to a bank wire. This is Bitcoin now. Enjoy it. It's what you wanted.

[mymenace]

We still do need higher transaction capacity. The only question is how.

DOGE has 10x capacity by having a 1m block time instead of 10, if there was a way to reduce the reward by 10x and decrease the time to 1m that would work - or am I wrong =)

maybe this will do it

http://www.rsk.co/

Ginger is the public release of the open source Testnet Network. Powered by Bitcoin, the most secure distributed network in the world, users will be able to run their smart contracts in a platform that can scale up to 2.000 tx/sec on chain and 20.000 tx/sec off chain, providing the scalability needed for global financial solutions.

[rjclarke2000]

It sounds like you must Enjoy having Blockstream's  dick shoved down your throat while your paying $100+ to move your coins off an exchange.

Tell your grandma to buy Bitcoin, it's a great investment. I'm sure she will love the part where she has to calculate a priority fee to pay based on the size of her transaction.

For everything else, there's Bitcoin Cash.

What sort of idiot is in bitcoin to spend them in b/s?
It's just you.

Exactly this. Branson can't buy his coffee with Bitcoin. Shit

[Dabs]

So... SW2X futures? Are going to zero, because, it's not going to launch. What about all the traders who already cashed out ... The ones left behind rekt?

[toknormal]

It sounds like you must Enjoy  paying $100+ to move your coins off an exchange.

Tell your grandma to buy Bitcoin, it's a great investment. I'm sure she will love the part where she has to calculate a priority fee to pay based on the size of her transaction.

For everything else, there's Bitcoin Cash.

"Grandma" just gave her verdict I think. She'd rather pay a $100 transaction fee than take a million dollar capital loss because her store of value got f*d with at the protocol level.

[gwoplock]

I walk away for lunch and this happens. let me get this straight, the 2x fork is gone. and the price swung over 1k... with 40k of volume. WTF

[Rosewater Foundation]

So... SW2X futures? Are going to zero, because, it's not going to launch. What about all the traders who already cashed out ... The ones left behind rekt?

Where can we watch the carnage?

[Aqualung89]

Now you need to stop and the other Alt-coins of the money need to slide. This is what seems to be right now, but let's see how long it will take.