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

[bones261]

This will give you a good idea.
https://fork.lol/pow/hashrate

LOL!!

Just for fun, the approximate total number of SHA256 hashes needed to produce the work: 211709503865364686003240960.
Protip: memorize this number to impress your friends and family, they love to hear about it. No joke!

FYI I just told my family and they could care less 

I myself have long and interesting conversations with all my friends and family
discussing at length the intricacies of the SHA256 algorithm  and the trillions of
hashes involved in the bitcoin blockchain funtioning.....

actually... no I don't...

Yeah, that is quite the mouthfull. Most people that I know would be lost at the first syllable.
two hundred eleven septillion ,
seven hundred nine sextillion ,
five hundred three quintillion ,
eight hundred sixty five quadrillion ,
three hundred sixty four trillion ,
six hundred eighty six billion ,
three million ,
two hundred forty thousand ,
nine hundred sixty

[sirazimuth]

This will give you a good idea.
https://fork.lol/pow/hashrate

LOL!!

Just for fun, the approximate total number of SHA256 hashes needed to produce the work: 211709503865364686003240960.
Protip: memorize this number to impress your friends and family, they love to hear about it. No joke!

FYI I just told my family and they could care less  

I myself have long and interesting conversations with all my friends and family
discussing at length the intricacies of the SHA256 algorithm  and the trillions of
hashes involved in the bitcoin blockchain funtioning.....

actually... no I don't...

Yeah, that is quite the mouthfull. Most people that I know would be lost at the first syllable.
two hundred eleven septillion ,
seven hundred nine sextillion ,
five hundred three quintillion ,
eight hundred sixty five quadrillion ,
three hundred sixty four trillion ,
six hundred eighty six billion ,
three million ,
two hundred forty thousand ,
nine hundred sixty

wow, I'm impressed!
i thought there'd be a "gazillion" in there somewhere...

[itod]

You have to be joking?!? Paste the private key of your BTC stash into some internet site web form? This is insanity if you ask me.

Well, if you have a better answer to his question, please share. Otherwise you are just a whining nay sayer.

He had a legitimate concern that was addressed by subsequent posters. The part that was missing, and that should be bolded, is that you create a new wallet and move your coins over before sharing your private key(s). This way you do not risk any BTC.

You are absolutely right. But that was not the question.

If he was worried about other peoples safety, he could have worded that in a much more pleasant manner.

Apologies, wasn't meant to offend you. I'm just against private keys ever leaving ones machine. I'm bit suspicious even about wallets that claim private keys never leaving smartphone like Blockchain.info's wallet. Reasoning is that smartphones may not be protected as decently secured desktop. In BCH case I've decided to use Electron Cash, wouldn't touch Coinomi in any case, but that's just me.

[erre]

Holy shit, is that a road with 8 lanes??

It would support a ton of traffic!

[Hyperjacked]

Holy shit, is that a road with 8 lanes??

It would support a ton of traffic!

Never ceases to amaze me how investor loyalty clouds the minds of the passengers on the little buses... 

[Karartma1]

When this will be over we all know you will never come and post again here on the Wall Observer and you will go back to the forum section that suits you best:

Announcements (Altcoins)

 

[Hyperjacked]

When this will be over we all know you will never come and post again here on the Wall Observer and you will go back to the forum section that suits you best:

Announcements (Altcoins)

 

No I'll still post from time to time like I have been doing for years... 

[bones261]

When this will be over we all know you will never come and post again here on the Wall Observer and you will go back to the forum section that suits you best:

Announcements (Altcoins)

 

Altcoins are a viable(although probably not the most efficient) path for earning more BTC. The vast majority of my posting is in that section. However, I have never really been a true believer in any Altcoin. Just ended up dumping them for what I truly want.

[GHCoins45]

So, BTC will still be forked (SW2X) in 5-6 days or they need more time for the replay protection and the fork date is not fixed yet? I don't understand no more, lol

[practicaldreamer]

I know I'm not as sharp as I used to be. I'll admit that here and now. But the penny has only just dropped that Bitcoin Cash and Bitcoin Gold are two (concerted) prongs of the same attack.

At the minute (pre Lightning kicking in) BTC is basically having the quality of digital gold. But what they are doing is now trying to subvert even that function. If you want bitcoin to be as gold, well, you have Bitcoin Gold. For everyday transactions you have cash(BCH).  No need at all then for legacy BTC. The attack is co-ordinated and it is real. Not only that, but collectively the BCH folks have a lot of weight behind them.
Dump the fuckin pair of them. Lets keep Bitcoin of the people and for the people.


We really need some big wins from Lightning now. What is the latest on this front, anyone have any ideas ?

[bones261]

So, BTC will still be forked (SW2X) in 5-6 days or they need more time for the replay protection and the fork date is not fixed yet? I don't understand no more, lol

It's been abandoned by the major players. However, the software is still in the wild. So, a small band of renegade miners could still fork off. However, we have already been dealing with this with Bitcoin XL, Bitcoin Classic and Bitcoin Unlimited. They are all blow and no go. They should just stick to Bitcoin Cash. At least that did get off the ground.

[Peter R]

Just hold equal amounts of BTC and BCH and then you don't need to worry about picking the winner.  

If I had sold off all of my BCH thinking that 1MB4EVA + LN was a given, I'd be pretty worried right now.

Like I said yesterday, just hold BTC and BCH in equal proportions and you're protected whether Bitcoin Core or Bitcoin Cash wins.

[Lauda]

https://squawker.org/technology/death-of-segwit2x-has-signaled-a-mass-migration-into-bitcoin-cash/
http://blog.vermorel.com/journal/2017/11/11/bitcoin-cash-is-bitcoin-a-software-ceo-perspective.html

Propaganda with nothing but lies, fully sponsored by the con man Ver. What an annoying day with a massive coordinated attack of shilling and propaganda.

Like I said yesterday, just hold BTC and BCH in equal proportions and you're protected whether Bitcoin Core or Bitcoin Cash wins.

There is no "winning". Bitcoin Cash is a centralized attack, while 2x was just a distraction. If that "wins", everyone loses.

[Torque]

I would even go so far to say that for some of the bad actors involved, it's not even about control. If they are secretly being state-sponsored, then it's about bringing down Bitcoin entirely. Or at least dividing it, diluting it, and undermining it so much that it gets completely marginalized in the public eye, forever seen as a chaotic niche geek thing and not seen as the serious financial game changer that it is.

It's almost like their game plan is "Well if we can't centralize control of Bitcoin, then we'll continue to try and undermine it."

Still relevant.

The naysayers switching the narrative from first BitcoinXT, to Bitcoin Classic, then to BU, then to BCH, then to 2X, then from the failed 2X attempt back to BCH is proof positive. They literally could give a shit about the underlying coin and technology platform, hence the constant switching. Because for them it's all about gaining control, and attacking if they don't get what they want.

[GHCoins45]

So, BTC will still be forked (SW2X) in 5-6 days or they need more time for the replay protection and the fork date is not fixed yet? I don't understand no more, lol

It's been abandoned by the major players. However, the software is still in the wild. So, a small band of renegade miners could still fork off. However, we have already been dealing with this with Bitcoin XL, Bitcoin Classic and Bitcoin Unlimited. They are all blow and no go. They should just stick to Bitcoin Cash. At least that did get off the ground.

I see, thanks alot for the reply bones.

[katoon123]

https://i.imgur.com/TJ7Lzf7.png

Coinbase should give me my Bitcoin Cash

[Torque]

Coinbase should give me my Bitcoin Cash

Pretty convenient timing that you and everyone else can't dump until January, right?

[CristiTCM]

I think bitcoin will recover after 13th november (BCH hard fork) and the price will go past 7000 again. What do you guys think?

[gembitz]

I think bitcoin will recover after 13th november (BCH hard fork) and the price will go past 7000 again. What do you guys think?

as long as there are additional forks and rumours of forkisms the forksters will continue forking weee

[Ludwig Von]

https://squawker.org/technology/death-of-segwit2x-has-signaled-a-mass-migration-into-bitcoin-cash/
http://blog.vermorel.com/journal/2017/11/11/bitcoin-cash-is-bitcoin-a-software-ceo-perspective.html

Propaganda with nothing but lies, fully sponsored by the con man Ver. What an annoying day with a massive coordinated attack of shilling and propaganda.

Like I said yesterday, just hold BTC and BCH in equal proportions and you're protected whether Bitcoin Core or Bitcoin Cash wins.

There is no "winning". Bitcoin Cash is a centralized attack, while 2x was just a distraction. If that "wins", everyone loses.

Indeed. As many here are saying, this is utterly (self)destructive for all sides. When the the legacy crypto, which is BTC, is destroyed or severely dammaged, then the image of crypto in general is discredited in the eyes of the public.