Hyperjacked
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Activity: 1610
Merit: 1119
It's all mathematics...!
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November 11, 2017, 06:42:20 PM |
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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... |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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bones261
Legendary
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Activity: 1806
Merit: 1827
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November 11, 2017, 06:48:19 PM |
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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.  |
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GHCoins45
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November 11, 2017, 06:49:55 PM |
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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
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practicaldreamer
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November 11, 2017, 06:51:05 PM |
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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 ?
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bones261
Legendary
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Activity: 1806
Merit: 1827
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November 11, 2017, 06:51:23 PM |
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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. |
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Peter R
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Activity: 1162
Merit: 1007
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November 11, 2017, 06:52:54 PM |
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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. |
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Torque
Legendary
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Activity: 3556
Merit: 5041
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November 11, 2017, 06:55:20 PM |
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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. |
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GHCoins45
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November 11, 2017, 06:59:42 PM |
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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. |
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Torque
Legendary
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Activity: 3556
Merit: 5041
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November 11, 2017, 07:06:05 PM |
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Coinbase should give me my Bitcoin Cash
Pretty convenient timing that you and everyone else can't dump until January, right? |
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CristiTCM
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November 11, 2017, 07:18:37 PM |
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I think bitcoin will recover after 13th november (BCH hard fork) and the price will go past 7000 again. What do you guys think?
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gembitz
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November 11, 2017, 07:19:53 PM |
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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 |
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Ludwig Von
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November 11, 2017, 07:20:32 PM |
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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. |
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Ibian
Legendary
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Activity: 2268
Merit: 1278
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November 11, 2017, 07:23:17 PM |
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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. Agreed. I'm still in a good position but nowhere near being where I want to be. For those with hundreds of coins, I'd say now is the time to sell enough to live the rest of your life with your current (or if wealthy enough, your preferred) lifestyle. As for me, I'm in the process of dumping my clonecoins. In the unlikely event that they end up taking over then the experiment has failed and this is as good as it gets. In the more likely event that things proceed as usual, I will be buying them back at a quarter the price - and then selling them again at the next unprecedented pump. Milk this thing for all it's worth. |
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barota
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November 11, 2017, 07:26:20 PM |
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128204 unconfirmed transactions . i think bitcoin can fall under 6000 usd after maximum 12 hours
dump is too large And increases
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EtihadBitcoin
Newbie
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Activity: 70
Merit: 0
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November 11, 2017, 07:28:03 PM |
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Looks like Gavin Andersen after his last statement on where he sees bitcoin after bitcoin cash takes it's place coming towards the new fork in two days from now. https://www.bitsonline.com/gavin-andresen-endorses-bitcoin-cashTruly scary times after the second in command of Satoshi's army says this. |
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bones261
Legendary
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Activity: 1806
Merit: 1827
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November 11, 2017, 07:28:40 PM |
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I think bitcoin will recover after 13th november (BCH hard fork) and the price will go past 7000 again. What do you guys think?
It depends on how many suckas decide to margin short so the whales can squeeze the crap out of them.  |
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EtihadBitcoin
Newbie
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Activity: 70
Merit: 0
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November 11, 2017, 07:33:56 PM |
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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. So says Andresen: https://twitter.com/gavinandresen/status/929377620000681984That is his tweet bitsonline's article is referring to is it not? Source Bitsonline: Gavin Andresen Drops - Bitcoin Cash is the Real BTC.  |
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jackfruit
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November 11, 2017, 07:41:48 PM |
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Although the the price is still one of the highest range in history, i think these are the darkest times for Bitcoin. As it is mentioned above, it is becoming about power and control rather than supporting the idea of libertarians. I am personally not brave enough to keep any of these Bitcoins. I will wait until the dust settles and we know more about the future and "real" Bitcoin.
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