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

[God27]

BTC has finally died.

[oblox]

BCH should just change its blocktime to 1 minute, hell, maybe even less.

[bones261]

mortified

You should be mortified. I'm gay and the amount of beers that it would require to make that look good exceeds the amount required to make me pass out cold.  

[EtihadBitcoin]

Craig Wright is a funny guy.
His twitter account looks like a huge billboard for the likes of John Mcafee and Bill Gates to be posting on there.
Sheesh.
He was saying he is Satoshi Nakamoto last year?
Maybe they believe he is with whats going on here right here right now with bitcoin.

[BTCMILLIONAIRE]

I'm just much bullishier on Bitcoin Cash.

Why ?

I ask with no snark or ill-intention.

Because it is purely and simply Bitcoin. In the form that I believe Satoshi intended. After all, it is Bitcoin largely as he left it, but with the insane centrally-planned production quota on transaction capacity relieved. Being of course a thing that he put in as an acquiescence and in order to stave off a potential problem that no longer exists. And also a thing that was orders of magnitude away from being hit at the time he left. Also for which he explained away a fine removal mechanism. Further, it doesn't suffer from the SegWit atrocity, nor the RBF abomination.

Most germane, it supports the store of value function, and also fulfills the medium of exchange function that Core threw overboard in their insane Raspberry Pi fetish. It simply renders Bitcoin SegWit irrelevant.

Everything I've witnessed thus far with BCH, is nothing but power-plays by selfish (State) Actors.

Well, I've been looking closely, and I just don't see it that way. I understand that the above is the narrative 'round these parts, but it looks completely false to me.

It's against everything Satoshi stood for.

In what ways, exactly?


And yes, gentlemand calls it well.

BCH is capable of every use case that Bitcoin Segwit is capable of. Plus many more.

Truth be told, I'm bullish on Bitcoin Segwit too. I'm just much bullishier on Bitcoin Cash.

bullish? how. BCH will be forked into infinity, and because the user base and the real support is much smaller, it will slowly dissipate -there is no history of BCH, even though it copied bitcoins' years old blockchain.

Bitcoin Cash _is_ Bitcoin. It's history extends unbroken back the the genesis block. It diverged from Core's crazy direction in time to be spared from the largest single change ever made to the protocol.

The market movement would suggest that there is plenty of real support.

I will rather go down with the bitcoin ship than into bitcash

Seems foolish, but hey - it's your money.

Satoshi definitely did not intend for anyone to run a centralized attack on his vision of a decentralized financial system. Bitcoin Cash is obviously the direct opposite of his vision, which sought to remove power from centralized institutions that abuse their power. Bitcoin Cash stands for corruption, manipulation and deception.

If you believe otherwise you're either confused, out for profits, or a paid shill.

There's nothing positive about deliberately flooding the Core blockchain to slow it down and increase its fees while simultaneously manipulating the Bitcoin Cash price to trigger FOMO buying from greedy traders that don't even know what the fuck they are trading.

[Rosewater Foundation]

Seems foolish, but hey - it's your money.

Satoshi definitely did not intend for anyone to run a centralized attack on his vision of a decentralized financial system. Bitcoin Cash is obviously the direct opposite of his vision, which sought to remove power from centralized institutions that abuse their power. Bitcoin Cash stands for corruption, manipulation and deception.

If you believe otherwise you're either confused, out for profits, or a paid shill.

There's nothing positive about deliberately flooding the Core blockchain to slow it down and increase its fees while simultaneously manipulating the Bitcoin Cash price to trigger FOMO buying from greedy traders that don't even know what the fuck they are trading.

let that sink in jb

[Rosewater Foundation]

so let me get this straight..fk me sideways..i can't even express moral outrage
the children..
just stop!

[Dabs]

uh... Bitcoin Cash is not Bitcoin. It had replay protection so it is it's own chain or coin now, but still an alt. It's like CLAMs.. an alt that gave everyone who held BTC, LTC and DOGE some CLAM. So BCH gave everyone who held BTC some BCH.

Bitcoin.com is not Bitcoin.org.

[gembitz]

I'm just much bullishier on Bitcoin Cash.

Why ?

I ask with no snark or ill-intention.

Because it is purely and simply Bitcoin. In the form that I believe Satoshi intended. After all, it is Bitcoin largely as he left it, but with the insane centrally-planned production quota on transaction capacity relieved. Being of course a thing that he put in as an acquiescence and in order to stave off a potential problem that no longer exists. And also a thing that was orders of magnitude away from being hit at the time he left. Also for which he explained away a fine removal mechanism. Further, it doesn't suffer from the SegWit atrocity, nor the RBF abomination.

Most germane, it supports the store of value function, and also fulfills the medium of exchange function that Core threw overboard in their insane Raspberry Pi fetish. It simply renders Bitcoin SegWit irrelevant.

Everything I've witnessed thus far with BCH, is nothing but power-plays by selfish (State) Actors.

Well, I've been looking closely, and I just don't see it that way. I understand that the above is the narrative 'round these parts, but it looks completely false to me.

It's against everything Satoshi stood for.

In what ways, exactly?


And yes, gentlemand calls it well.

BCH is capable of every use case that Bitcoin Segwit is capable of. Plus many more.

Truth be told, I'm bullish on Bitcoin Segwit too. I'm just much bullishier on Bitcoin Cash.

bullish? how. BCH will be forked into infinity, and because the user base and the real support is much smaller, it will slowly dissipate -there is no history of BCH, even though it copied bitcoins' years old blockchain.

Bitcoin Cash _is_ Bitcoin. It's history extends unbroken back the the genesis block. It diverged from Core's crazy direction in time to be spared from the largest single change ever made to the protocol.

The market movement would suggest that there is plenty of real support.

I will rather go down with the bitcoin ship than into bitcash

Seems foolish, but hey - it's your money.

Satoshi definitely did not intend for anyone to run a centralized attack on his vision of a decentralized financial system. Bitcoin Cash is obviously the direct opposite of his vision, which sought to remove power from centralized institutions that abuse their power. Bitcoin Cash stands for corruption, manipulation and deception.

If you believe otherwise you're either confused, out for profits, or a paid shill.

There's nothing positive about deliberately flooding the Core blockchain to slow it down and increase its fees while simultaneously manipulating the Bitcoin Cash price to trigger FOMO buying from greedy traders that don't even know what the fuck they are trading.

Lightning Network/SegWit "little blockers" are perceived as corporate pigs serving a form of centralization of sorts.. i think that is the issue lol

[Holliday]

Never a dull moment 'round these parts.

[DaRude]

They can pump BCH to sky and above, just keep buying while miners don't sell. But they cannot dump more BTC than they own

[BTCMILLIONAIRE]

They can pump BCH to sky and above, just keep buying while miners don't sell. But they cannot dump more BTC than they own

Only a matter of time until the sandstorm settles.

[DaRude]

They can pump BCH to sky and above, just keep buying while miners don't sell. But they cannot dump more BTC than they own

Only a matter of time until the sandstorm settles.

Bravo, you get a cookie!

[BTCMILLIONAIRE]

They can pump BCH to sky and above, just keep buying while miners don't sell. But they cannot dump more BTC than they own

Only a matter of time until the sandstorm settles.

Bravo, you get a cookie!

Thank you very much, a team of monkeys over at Bitmain worked really hard on mining that one.

[abercrombie]

Bitcoin over 6k...

[somac.]

They can pump BCH to sky and above, just keep buying while miners don't sell. But they cannot dump more BTC than they own

Yep, what they are doing is basically kicking themselves out of BTC. Once they have none left the can't manipulate anymore. What's more they can't pump BCH as effectively either, they better hope that there are other users out there that want BCH. Because to keep the price at these levels is going to require a lot of new money each day.

BTC will be stronger after this, because there will be no more Roger Ver and Co around trying to fuck things up. This is probably the end of BTC being played with by amateurs/early adopters like Ver, the professionals will now move in, for better or worse.

[Rosewater Foundation]

bitcoin isn't a joke. i swear

[WhatsBitcoin]

bitcoin isn't a joke. i swear

SFYL, kid.

[DaRude]

They can pump BCH to sky and above, just keep buying while miners don't sell. But they cannot dump more BTC than they own

Yep, what they are doing is basically kicking themselves out of BTC. Once they have none left the can't manipulate anymore. What's more they can't pump BCH as effectively either, they better hope that there are other users out there that want BCH. Because to keep the price at these levels is going to require a lot of new money each day.

BTC will be stronger after this, because there will be no more Roger Ver and Co around trying to fuck things up. This is probably the end of BTC being played with by amateurs/early adopters like Ver, the professionals will now move in, for better or worse.

There are only 16.5MM BTC out there. Before you attempt to manipulate it, you'll have to gather a good chunk of it. It was easy for early adopters now, it just can't be done without pushing the price into 5 figure territory. And i do agree this is the last bang for Ver, he got to go all in here if he has any chance. Otherwise B2x is canceled and BCH would float into oblivion

Edit: Think of it as much needed distribution. Now if LOADED could RESPONSIBLY dump some of his stash  his wallet scares me, how many island one would need

[har23]

My god... i am scammed by BCH