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

[Torque]

Thanks for the help with claiming BCH!

So what worked and what didn't in the end? Which wallet did you use?

Pro tip: For BCH use btc.com with 2FA

[1715596277]

1715596277

[DonQuijote]

has many more statistics like tx fees and so on...don't know if its reliable

https://fork.lol/pow/hashrate

lol lol lol
I understand "fork lol" i dont know fork.lol haha
ty, its better than mine 

[LewisPirenne]

Please don't carry crude oil around.  That colorless hydrogen sulfide will kill you soon enough.

Glad I checked this before finalizing my transaction with that Saudi prince. Thank you!

And please remember to get that Certificate of Origin from the said Saudi prince.  Otherwise, you might be arrested when they find out that "Saudi" crude actually came from regions controlled by those ISIS terrorists.  Unless of course, you are thinking of selling them in North Korea, like that bitcoiner @FedericoTenga lecturing CrytoFinance in PyongYang now.   

[GHCoins45]

Do you guys think that Ver had the power/money to make all those changes in price, Ver + friends? I mean BTC - $1k & BCH + $400

[Torque]

Do you guys think that Ver had the power/money to make all those changes in price, Ver + friends? I mean BTC - $1k & BCH + $400

Yep.

If you can tightly control the exchange float, and pump BCH by dumping bitcoin and all the alts, you can swing that sucker to the moon.

But only briefly. 

[GHCoins45]

Do you guys think that Ver had the power/money to make all those changes in price, Ver + friends? I mean BTC - $1k & BCH + $400

Yep.

If you can tightly control the exchange float, and pump BCH by dumping bitcoin and all the alts, you can swing that sucker to the moon.

But only briefly. 

Yeah, but one man to do that to BTC is scary af.. :|

[Rosewater Foundation]

sunday the fun continues
https://bitcoingold.org/bitcoin-gold-launch/
tidy new website
friendly things

[Torque]

Don't you think we'll re-test the ~$100 price beforehand?

Go home drunk troll bot from 2013

[Rosewater Foundation]

Don't you think we'll re-test the ~$100 price beforehand?

Go home drunk troll bot from 2013

lmao
this has been the funniest day in a while. really takes the sting off these losses
meanwhile, B2X futures are back up to $440. such wat.

[Lopumbo]

BCH HashPower 50% in the last 3h  , 28% in the last 24h, Transactionfees of BTC are 8x higher compared to BCH

[LewisPirenne]

Pro tip: For BCH use btc.com with 2FA

I use Electron Cash to claim, but be sure to get the right one, as there is a scam/phishing version around.  But for one particular address from late 2013 that has 60+ UTXO, Electron Cash always crash no matter what I do.  So I bit the bullet and sweep that private key into BTC.COM with 2FA and tx them right away.  First time that I would even put a private key into an online wallet, damn.

[vit05]

The people that have lost the 2xfight is trying hard give some punches before leaving the fight. I think soon will be over and everything would be green again.

[Rosewater Foundation]

bang on

[LewisPirenne]

5 million BCH and $5 billion volume traded today, almost 2/3 volume in KRW and almost half of that volume on Bithumb.  Note that BTC also traded $5 billion today and that BTC+BCH is around the same as BTC high from 48 hours ago, do suggest that someone is dumping BTC for BCH.  However, despite the pump, I am actually pessimistic about this "BTC of East"'s hope of "flippening".

Just as the BCH fork basically doom the prospect of S2X, the Chinese ban from early September caught those insiders by surprise and basically ruin their plan of sweeping up the selling pressure from bitcoiners at low price, control the float, then pump the price so hashrate follows, then with more total work done (sum of block difficulties), usurp the throne of BTC.  

Bobby Lee was just talking about how China "does not want to see bitcoin anymore" and one of the talk that I heard from PBoC governor outright states that there is no reason to assume that the upcoming PBoCCoin is going to be blockchained or distributed ledger based.  That is, the new GovCoin is more likely to be some kind of "People's Alipay" or "Chicom Paypal".  

So a coin like BCH, which is trying to disrupt payment with 1GB block, is not only up against the 500 million user Alipay, they are up against the upcoming GovCoin which can easily do Visa type 50K tx per second.  Worse yet, that GovCoin is going to be combined with monthly "airdrop" of Universal Basic Income/Social Security/Welfare into your public key account to induce people to use them.  So it is very difficult to see something that already compete in a very crowded market against fiat cash/credit card/debit card/Apple pay etc., not turning into some niche payment for selected users.

Naturally, it's a hell lot more difficult to create a digital storage of value then a digital medium of exchange, not to mention much more risky and time consuming, but using decentralized and inefficient blockchain to compete in payment space is a lost cause without some sort of higher layer that trade off trust and security for more tx capacity.  

[AlexGR]

bang on

The whole narrative is fud. Even the creator of bitcoin cash doesn't make the absurd claim his altcoin is bitcoin.

[Rosewater Foundation]

um
https://twitter.com/gavinandresen/status/892717872442683392

[AlexGR]

um
https://twitter.com/gavinandresen/status/892717872442683392

Yeah well, he also called Wright as Satoshi, so who cares

[jojo69]

good fucking god, that coin splitting sounds like a brain aneurysm inducing hemorrhoid infection

and Andresen...I've had just about all the stupid I can take for one day...my badge is black, time to hit the showers, fucks' sake

[yefi]

Whale time fun for BCH on Polo:

[Rosewater Foundation]

and Andresen...

The man has gone completely off the rails.

It's pathetic.

EDIT: Also, RogerBucks can't crash soon enough. I don't know what the fuck is going on to propel it to its current levels. There are zero fundamentals supporting it.

b2x has never existed. will never exist. is over $400
figure that one out