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

[jojo69]

[1714011789]

1714011789

[erre]

https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-November/000689.html ([Bitcoin-segwit2x] Segwit2x Final Steps)

[rolling]

https://bitcoin2x.org/
for serious

Is it the same b2x or did they just steal the name recognition? Will exchanges support it? If they adjust the difficulty and add replay protection, maybe we can dump this new alt coin for another dividend!

[pfrtlpfmpf]

https://bitcoin2x.org/
for serious

I just checked my calendar, and no, it´s definitely not 1. April !
Maybe their website was hacked, and all those "futures" buyers try to save their money this way ?

Can somebody confirm this BS from another source ?

[Last of the V8s]

https://lists.linuxfoundation.org/pipermail/bitcoin-segwit2x/2017-November/000689.html ([Bitcoin-segwit2x] Segwit2x Final Steps)

Wonder why 30% network hash-rate disappeared?  It’s ours;
afaict no evidence this part is true

https://bitcoin2x.org/
for serious

Is it the same b2x or did they just steal the name recognition? Will exchanges support it? If they adjust the difficulty and add replay protection, maybe we can dump this new alt coin for another dividend!

I dunno anything about it.
they do mention exchanges on that site
there is no mention of replay protection
but they've got a few days to add and test it...

[jojo69]

embarrassing

[ragnar0k]

https://bitcoin2x.org/
for serious

I just checked my calendar, and no, it´s definitely not 1. April !
Maybe their website was hacked, and all those "futures" buyers try to save their money this way ?

Can somebody confirm this BS from another source ?

Futures up 52%
I think this is just a facade crap to avoid a class action from the guys betting on futures

[rolling]

BREAKING: Is Bitcoin Segwit2x BACK ON? Rebel miners go rogue and push forward...

http://www.globalcryptopress.com/2017/11/breaking-is-bitcoin-segwit2x-back-on.html

[vroom]

BREAKING: Is Bitcoin Segwit2x BACK ON? Rebel miners go rogue and push forward...

http://www.globalcryptopress.com/2017/11/breaking-is-bitcoin-segwit2x-back-on.html

what if they are playing with us? what if they publish a lot of lies to manipulate the markets? calling segwit2x on and off a couple of times and taking profits by knowing the market direction.

[explorer]

Pontus Lindblom Retweeted
Blockchainlife‏ @Blockchainlife 12h12 hours ago

Sitcom The Big Bang Theory will dedicate a full episode on #Bitcoin in Season 11 Episode 9: "The Bitcoin Entanglement". Broadcasting November 30th on CBS with an estimated 14.2 million viewers. Bazinga! #BigBangTheory

SPOILER ALERT!!!










Extended Plot
The guys find a laptop at a sauna which has some virtual bitcoin currency on it. The computer belongs to Penny's old boyfriend Zack Risto.

[kurious]

Pontus Lindblom Retweeted
Blockchainlife‏ @Blockchainlife 12h12 hours ago

Sitcom The Big Bang Theory will dedicate a full episode on #Bitcoin in Season 11 Episode 9: "The Bitcoin Entanglement". Broadcasting November 30th on CBS with an estimated 14.2 million viewers. Bazinga! #BigBangTheory

SPOILER ALERT!!!










Extended Plot
The guys find a laptop at a sauna which has some virtual bitcoin currency on it. The computer belongs to Penny's old boyfriend Zack Risto.

LOL - classic fix.

[jojo69]

the marked doesn't seem to give a fuck

[LFC_Bitcoin]

I’m embarrassed for them, utterly cringeworthy!

[Last of the V8s]

the marked doesn't seem to give a fuck

yuh the cryptopapers reported it 12 to 3 hours ago

it's just some kids i'd guess



more important is that bitcoindotcom has gone all bitcoin cash
tonnes of scope for Ver to scam people for the wrong bitcoin


edit also this lol https://bitcoinclassic.com/news/closing.html

[pfrtlpfmpf]

Lesson learned today: keep some spare popcorn at home, at all times 

[Ted E. Bare]

Lol only in crypto. What a mess.

[julian071]

Anarchy is always messy. Entertaining tho 

[LewisPirenne]

Due to its strong incentive to hoard rather than spend, Bitcoin is already a "peer Peerage to peer Peerage Electronic Cash System".  

Payment has already been disrupted by the like of Alipay, which has retained 500 million users and attracted over USD$1 trillion for its money market fund in the space of a few years.  A decentralized blockchain can never hope to achieve such adoption compare to a centralized solution.  In fact, the reason why Japan even introduces "J-Coin" is largely due to the expansion of Alipay into neighboring countries such as Japan and Taiwan.  Because seriously, who would want their personal banking details and spending habits stored in China and be available to Chicom censors?  

There is no need to re-invent the wheel.  Bitcoin only has to try remaining decentralized and trustless and serve its function for social scaling and reaching consensus.  One can then build payment/credit/derivative layers on top as per Exeter's pyramid.  

[Heater]

As someone who bought their first Bitcoin in 2012 for $20,

Indeed, I can't help but laugh at all the thousands of newcomers who just read r/bitcoin and suddenly think they are scaling experts. That Bitcoin should be able to run a node on every Raspberry Pi in Afghanistan. Yada yada yada. This is psychologically manipulated groupthink. Let's face it - many of the people getting into Bitcoin today are "newbies" who weren't very smart or educated in the first place. But they all like to act like they are, ESPECIALLY when it comes to their opinions on the Blocksize debate - an opinion that was only formed through reddit. Oh boy do they love repeating those opinions, and screaming down anyone who disagrees, like a bunch of drunken fratboys who think they are about to lose their virginity. Only a very small minority are capable of using logic or reason.

It's both amusing and kind of sickening to watch happen.

Anyway, now that the dust has settled and the "1mb forever" crowd has won, Legacy Bitcoin will likely never scale in any meaningful kind of way - Meaning Legacy BTC will never be anything more than a speculator's toy to get rich, a gateway to altcoins and FIAT and a settlement layer.

However, I still fully expect the combined speculator and institutional investor money to take Legacy Bitcoin to 50 - 100K and beyond. However, it will become impossible to move coin at some point on the main chain , with $100+ fees, making a very large percentage of BTC wallets unspendable. At that point, the vast majority of Crypto users and commerce will have already moved to either Bitcoin Cash, Monero or Ethereum. In the long long run, 5+ years, I fully expect either Bitcoin Cash, Monero or Ethereum to become the #1 coin with the highest market cap. It's inevitable now that Bitcoin will never scale - and let's be honest, Lightning Network will either never exist or will never deliver as promised --- which means BTC is going to be stuck where it is now from the scaling perspective, with only a few band-aids thrown on top, likely forever -- unless the miners finally grow a pair, say enough is enough and stand up to the bought out Corporate shills at Blockstream, but I'm not holding out hope for that outcome at all.

I've also been around a long time and agree with your sentiments. The behavior on reddit is terrible - I can only assume they are just young and stupid? I try my best not to assume malice or conspiracy...

Maybe it's time we set up a real Rosewater Foundation where the elders can train a few of these future millionaires on the ways of being a virtuous person.

Exhibit A:

[Arriemoller]

https://news.bitcoin.com/bitpico-claims-segwit2x-still-alive-despite-evidence-contrary/