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

[JimboToronto]

I prefer one nice wide Bitcoin sofa to sprawl out on.

now I'm worried cus I'm on a BTC chaise longue

We could both do better. How about a Bitcoin litter borne by altcoiners?



I was too lazy to photoshop the faces of Jihan, Roger, Vitalik, etc. into the pic.

 

[Last of the V8s]

@ponli137 13 minutes ago

22.5% of the #Bcash #BCH nodes will not follow the #hardfork
0.16.0 + 0.16.1 (1027)
0.15.1 and older (231)
src: https://bitnodes.earn.com/nodes/
src: https://cash.coin.dance

[jojo69]

so you want to say that 6$ fee for a 40$ transaction is normal ? i'm shocked..

Ok dude... don't even go there.

With everything that happened this weekend and the massive backlog created by Ver/Wu and their army of spammers, if you still wanna go there, then I'll just say go use BCH and GTFO troll.

just answer the question and don't try avoid this blaming me for trolling because i'm not , I don't give a shit about bch

We have been answering it.

>recent days have seen the largest spam attacks on the mempool ever

>the market dictates the transactions that will be included in blocks based on the fees paid...ergo

>in periods of high demand (like during a spam attack and high volatility) fees will be higher

if you don't like the way Bitcoin works there are other coins you can use

also...who the hell uses BTC for a $40 transaction ffs?  That's like digging up your PMs and cutting a sliver off a krugerand to buy a tank of gas.

[gembitz]

@ponli137 13 minutes ago

22.5% of the #Bcash #BCH nodes will not follow the #hardfork
0.16.0 + 0.16.1 (1027)
0.15.1 and older (231)
src: https://bitnodes.earn.com/nodes/
src: https://cash.coin.dance

im going to be ceo of bitch classic ;0 lol

[conspirosphere.tk]

Remember readers, if you hold Bitcoin Core and Bitcoin Cash in equal proportions, you can sit back and watch the whales battle it out. 

[Last of the V8s]

@ponli137 13 minutes ago

22.5% of the #Bcash #BCH nodes will not follow the #hardfork
0.16.0 + 0.16.1 (1027)
0.15.1 and older (231)
src: https://bitnodes.earn.com/nodes/
src: https://cash.coin.dance

im going to be ceo of bitch classic ;0 lol

sorry you have not committed enough crimes to become a bcasher, whether classic or legacy

[El duderino_]

Yesterday I've bought very cheap bitcoins almost at the bottom. I'll hold them until >$10k. Thank you, Ver and Jihan! Keep up the good work!

Only until 10k.     ?

[gentlemand]

if you hold Bitcoin Core and Bitcoin Cash in equal proportions, you can sit back and watch the whales battle it out.  

Can I bill you for the humongous and potentially terminal price drop of both chains if the battle gets real?

[becoin]

Is he a developer? He was in here shilling for BCH at 0.45!

He's a BU developer / promoter, and a centralization shill that wants to push 1 GB blocks onto the network. I guess NSA and Google will be the ones running nodes in Peter R's version of Bitcoin.

... yeah, calling himself a developer is a little generous. He's like the bizarro-world version of one of those guys who call themselves 'evangelists', except what is it called when you are shilling for Satan?... like Son-Of-Sam for BCH or something, his dark arts in pure charlatanry is pretty impressive.

Thanks for the compliment. 

By the way, have you analyzed the new difficulty adjustment algorithm for Bitcoin Cash (live today) and the effect it may have on the migration of hash power bitcoin Core and Cash?

Remember readers, if you hold Bitcoin Core and Bitcoin Cash in equal proportions, you can sit back and watch the whales battle it out.  If you don't have inside information, you're at a significant disadvantage when trading.

Bitcoin has a very bright future, as we bring peer-to-peer electronic cash to all of the world's population.

Bitcoin future is bright. Bitcoin Trash is already dead. Turning off life support is hard but right decision.

[600watt]

so you want to say that 6$ fee for a 40$ transaction is normal ? i'm shocked..

Ok dude... don't even go there.

With everything that happened this weekend and the massive backlog created by Ver/Wu and their army of spammers, if you still wanna go there, then I'll just say go use BCH and GTFO troll.

just answer the question and don't try avoid this blaming me for trolling because i'm not , I don't give a shit about bch

If I was able to massively spam the BCH network right now and create such a backlog, they'd be seeing $6 transaction fees too.

Now pls fk off, I don't have time to waste rehashing the same tired arguments from 3 years ago with yet another troll.  If you want lower transaction fees, either wait for the backlog to clear and the mempool to empty. Otherwise look forward to LN. Or go use another crypto. Or whatever.

Another troll to my list /ignore

bcash folks not only spam the network. their EDA sucks away mining power from bitcoin. over the weekend bitcoin experienced a massive unprecedented 50% drop of hashrate. I am glad it is still working. their very own malicious EDA CREATES the btc transaction backlog (which they use as an argument versus: bitcoin. lol.)
even Bloomberg writes about this: https://www.forbes.com/sites/ktorpey/2017/11/13/how-bitcoin-cashs-higher-inflation-rate-is-harming-bitcoin/2/#2fa9abb9152b

bch as a whole is an attack on bitcoin. it sucks on bitcoin, it tries to mislead people. we should not tolerate this at all. I hope some smart bitcoin dev comes up with a solution that makes miners switching back and forth between bitcoin and bcash impossible.

fuck bcash. fuck it from deep of my heart. fuck its devs, fuck its miners, fuck its shills. fuck its CEOs. and finally: fuck its investors and buyers.

now they have their own "bitcoin" to play around they still want to attack bitcoin. ugly fuckers suck.

[becoin]

Yesterday I've bought very cheap bitcoins almost at the bottom. I'll hold them until >$10k. Thank you, Ver and Jihan! Keep up the good work!

Only until 10k.     ?

I'm talking only about Ver's bitcoins I've bought yesterday. I'll be generous and will sell them back to him at $10k.
I'll never sell my bitcoin stash in exchange for dollars or euros. In few years you won't need to do that because everything valuable will have bitcoin price tag.

[Last of the V8s]

Did everyone from cypherdoc's old thread turn to Agency work? Or did anyone escape with their dignity?

[gembitz]

so you want to say that 6$ fee for a 40$ transaction is normal ? i'm shocked..

Ok dude... don't even go there.

With everything that happened this weekend and the massive backlog created by Ver/Wu and their army of spammers, if you still wanna go there, then I'll just say go use BCH and GTFO troll.

just answer the question and don't try avoid this blaming me for trolling because i'm not , I don't give a shit about bch

If I was able to massively spam the BCH network right now and create such a backlog, they'd be seeing $6 transaction fees too.

Now pls fk off, I don't have time to waste rehashing the same tired arguments from 3 years ago with yet another troll.  If you want lower transaction fees, either wait for the backlog to clear and the mempool to empty. Otherwise look forward to LN. Or go use another crypto. Or whatever.

Another troll to my list /ignore

bcash folks not only spam the network. their EDA sucks away mining power from bitcoin. over the weekend bitcoin experienced a massive unprecedented 50% drop of hashrate. I am glad it is still working. their very own malicious EDA CREATES the btc transaction backlog (which they use as an argument versus: bitcoin. lol.)
even Bloomberg writes about this: https://www.forbes.com/sites/ktorpey/2017/11/13/how-bitcoin-cashs-higher-inflation-rate-is-harming-bitcoin/2/#2fa9abb9152b

bch as a whole is an attack on bitcoin. it sucks on bitcoin, it tries to mislead people. we should not tolerate this at all. I hope some smart bitcoin dev comes up with a solution that makes miners switching back and forth between bitcoin and bcash impossible.

fuck bcash. fuck it from deep of my heart. fuck its devs, fuck its miners, fuck its shills. fuck its CEOs. and finally: fuck its investors and buyers.

now they have their own "bitcoin" to play around they still want to attack bitcoin. ugly fuckers suck.

no we are good my friend the true colours are coming to shine here :-D keep calm btc is fine*

[JimboToronto]

im going to be ceo of bitch classic ;0 lol

Can I be cfo?  Comptroller or at least treasurer?

Maybe I'm aiming too low. El presidente? Commandante? Emperor?

[Peter R]

bcash folks not only spam the network. their EDA sucks away mining power from bitcoin. over the weekend bitcoin experienced a massive unprecedented 50% drop of hashrate. I am glad it is still working. their very own malicious EDA CREATES the btc transaction backlog (which they use as an argument versus: bitcoin. lol.)
even Bloomberg writes about this: https://www.forbes.com/sites/ktorpey/2017/11/13/how-bitcoin-cashs-higher-inflation-rate-is-harming-bitcoin/2/#2fa9abb9152b

bch as a whole is an attack on bitcoin. it sucks on bitcoin, it tries to mislead people. we should not tolerate this at all. I hope some smart bitcoin dev comes up with a solution that makes miners switching back and forth between bitcoin and bcash impossible.

fuck bcash. fuck it from deep of my heart. fuck its devs, fuck its miners, fuck its shills. fuck its CEOs. and finally: fuck its investors and buyers.

now they have their own "bitcoin" to play around they still want to attack bitcoin. ugly fuckers suck.

Two blockchains sharing the same proof-of-work results in very narrow stability margins for the combined system.  It is unlikely that both Bitcoin Core and Bitcoin Cash will survive long-term, unless one switches to a different PoW.  

[BTCMILLIONAIRE]

Yesterday I've bought very cheap bitcoins almost at the bottom. I'll hold them until >$10k. Thank you, Ver and Jihan! Keep up the good work!

Only until 10k.     ?

I'm talking only about Ver's bitcoins I've bought yesterday. I'll be generous and will sell them back to him at $10k.
I'll never sell my bitcoin stash in exchange for dollars or euros. In few years you won't need to do that because everything valuable will have bitcoin price tag.

Even land?

[gembitz]

im going to be ceo of bitch classic ;0 lol

Can I be cfo?  Comptroller or at least treasurer?

Maybe I'm aiming too low. El presidente? Commandante? Emperor?

we will see how things go i will be appointing a kangaroo court :-D weee

[Coinnosaurus]

so you want to say that 6$ fee for a 40$ transaction is normal ? i'm shocked..

Ok dude... don't even go there.

With everything that happened this weekend and the massive backlog created by Ver/Wu and their army of spammers, if you still wanna go there, then I'll just say go use BCH and GTFO troll.

just answer the question and don't try avoid this blaming me for trolling because i'm not , I don't give a shit about bch

We have been answering it.

>recent days have seen the largest spam attacks on the mempool ever

>the market dictates the transactions that will be included in blocks based on the fees paid...ergo

>in periods of high demand (like during a spam attack and high volatility) fees will be higher

if you don't like the way Bitcoin works there are other coins you can use

also...who the hell uses BTC for a $40 transaction ffs?  That's like digging up your PMs and cutting a sliver off a krugerand to buy a tank of gas.

I didn't had another payment option, except cc and ewallets, now I get it that btc is not for day-to-day usage ,at least for now

[becoin]

I can't do that because of privacy reasons, I admit I may set the fee a little lower than average but last time a made few transactions half a year ago it was confirmed in few hours in worst case.

If it's gone that long without confirming now, you'll probably have to rebroadcast. Also, if you mark transactions as RBF, you have the option to bumb up fees during congestion.

cheap bastard

I'm shocked that anyone would even try to do transactions over the weekend or even right now. Just let the backlog clear out another day or two, and fees will drop back to normal and confirmations will go through quicker.

lol bitcoin doesn't work over the weekend?

this is the most deadly spam monsoon in our nations history. and you think you can cheap out and ignore it?
dumb bastard

It's like a line a mile long forms at L.A.'s hottest new club, and this chump tries to bribe the doorman with a $5 bill to slip in through the front door.

"Back of the line for you, loser!"  

so you want to say that 6$ fee for a 40$ transaction is normal ? i'm shocked..

You're shocked because you don't understand Bitcoin.
Honey badger doesn't care how many $$$ you transact. It is all about transaction size and weight. What is the fee per byte and per weight unit you've paid?

[600watt]

Is he a developer? He was in here shilling for BCH at 0.45!

He's a BU developer / promoter, and a centralization shill that wants to push 1 GB blocks onto the network. I guess NSA and Google will be the ones running nodes in Peter R's version of Bitcoin.

... yeah, calling himself a developer is a little generous. He's like the bizarro-world version of one of those guys who call themselves 'evangelists', except what is it called when you are shilling for Satan?... like Son-Of-Sam for BCH or something, his dark arts in pure charlatanry is pretty impressive.

Thanks for the compliment.  

By the way, have you analyzed the new difficulty adjustment algorithm for Bitcoin Cash (live today) and the effect it may have on the migration of hash power between Core and Cash?

Remember readers, if you hold Bitcoin Core and Bitcoin Cash in equal proportions, you can sit back and watch the whales battle it out.  If you don't have inside information, you're at a significant disadvantage when trading.

Bitcoin has a very bright future, as we bring peer-to-peer electronic cash to all of the world's population.

so this is how you justify your malicious work? that people who keep your shitcoin will not get harmed? truth is that many that follow you will lose lots of funds.

disgusting.