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

[JimboToronto]

It is unlikely that both Bitcoin Core and Bitcoin Cash will survive long-term, unless one switches to a different PoW.  

Bitcoincashgold?

 

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[Coinnosaurus]

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?

no i'm shoked because back in the days I used to pay lees in fees, thats all  
I've paid about 200sat/byte

[BTCMILLIONAIRE]

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?

no i'm shoked because back in the days I used to pay lees in fees, thats all

Back in the days hardly anybody used the blockchain.

[600watt]

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.  

yes, because you designed it to be that way. it did not happen by accident, didn't it? thank you for attacking bitcoin. unreal that you have the guts to even post here.

[Torque]

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.  

https://www.youtube.com/watch?v=5hfYJsQAhl0

There is no 'combined system' you twat

[Peter R]

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.

Why are you reacting so emotionally?  You have held bitcoin for a long time, and so you would have equal coins on both the Bitcoin Core and Bitcoin Cash chains.  If Bitcoin evolves as peer-to-peer digital cash, with low fees and reliable confirmation, you win; if Bitcoin evolves as digital gold, with high fees and transaction friction, you win too.

I believe in the original vision for Bitcoin as described in the white paper: as a peer-to-peer electronic cash system.  I am working to help shape bitcoin to that vision and will continue to do so.

Could I be wrong?  Sure.  Maybe it actually is good to have $20 fees (soon to be $50) and a network that can only process 3 transactions per seconds (one thousand times less than Visa).  

And that is why I hold both BTC and BCH.  

[Last of the V8s]

bcash classic will be called CASH - or there will be dire consequences
https://www.reddit.com/r/btc/comments/7ceava/centralized_bitcoin_abc_devs_do_not_decide_what/

[Last of the V8s]

take hash power away from Core in "bursts" to drive up network congestion so that the problem with small blocks became more obvious

[conspirosphere.tk]

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?

Major Baghodler.

[Torque]

And that is why I hold both BTC and BCH.  

Working over time trying to convince existing holders of something? Like fear of dumping all their BCH?

Yeah, dumping all their BCH for more BTC would certainly drive the nail in the coffin for BCH long term. And it's gonna happen no matter how much campaigning and astroturfing you do.  BCH is DOA.

[vroom]

bcash classic will be called CASH - or there will be dire consequences
https://www.reddit.com/r/btc/comments/7ceava/centralized_bitcoin_abc_devs_do_not_decide_what/

lol

[600watt]

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.

Why are you reacting so emotionally?  You have held bitcoin for a long time, and so you would have equal coins on both the Bitcoin Core and Bitcoin Cash chains.  If Bitcoin evolves as peer-to-peer digital cash, with low fees and reliable confirmation, you win; if Bitcoin evolves as digital gold, with high fees and transaction friction, you win too.

I believe in the original vision for Bitcoin as described in the white paper: as a peer-to-peer electronic cash system.  I am working to help shape bitcoin to that vision and will continue to do so.

Could I be wrong?  Sure.  Maybe it actually is good to have $20 fees (soon to be $50) and a network that can only process 3 transactions per seconds (one thousand times less than Visa).  

And that is why I hold both BTC and BCH.  

i react emotionally because YOU play games with my live savings. why the fuck aren´t you creating just another altcoin to realize your great vision? why tamper with bitcoin? if you are not happy with it, leave it. well, you sort of did, but you try to steal as much juice of it as possible, trying to hurt bitcoin as much as possible.

now you expecting me to hug you for it? your game is called hijacking and it is evil.

[BTCMILLIONAIRE]

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.

Why are you reacting so emotionally?  You have held bitcoin for a long time, and so you would have equal coins on both the Bitcoin Core and Bitcoin Cash chains.  If Bitcoin evolves as peer-to-peer digital cash, with low fees and reliable confirmation, you win; if Bitcoin evolves as digital gold, with high fees and transaction friction, you win too.

I believe in the original vision for Bitcoin as described in the white paper: as a peer-to-peer electronic cash system.  I am working to help shape bitcoin to that vision and will continue to do so.

Could I be wrong?  Sure.  Maybe it actually is good to have $20 fees (soon to be $50) and a network that can only process 3 transactions per seconds (one thousand times less than Visa).  

And that is why I hold both BTC and BCH.  

i react emotionally because YOU play games with my live savings. why the fuck aren´t you creating just another altcoin to realize your great vision? why tamper with bitcoin? if you are not happy with it, leave it. well, you sort of did, but you try to steal as much juice of it as possible, trying to hurt bitcoin as much as possible.

now you expecting me to hug you for it? your game is called hijacking and it is evil.

I very much agree with this. I don't care about the forks.

But the manipulation and attacks are just outright pathetic.

[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?

no i'm shoked because back in the days I used to pay lees in fees, thats all  
I've paid about 200sat/byte

If you have a large number of dust outputs that might not be enough. Did you check if every output is already confirmed?
If you PM me your tx id I'll try to accelerate it for free. That is all I can do for you.

[becoin]

why the fuck aren´t you creating just another altcoin to realize your great vision? why tamper with bitcoin?

Because all they want is cripple Bitcoin!

I'm glad they pay hefty price for this attempt. The beauty of it is that everything they pay is entering directly in our pockets! Isn't that great?

[Peter R]

Why are you reacting so emotionally?  You have held bitcoin for a long time, and so you would have equal coins on both the Bitcoin Core and Bitcoin Cash chains.  If Bitcoin evolves as peer-to-peer digital cash, with low fees and reliable confirmation, you win; if Bitcoin evolves as digital gold, with high fees and transaction friction, you win too.

I believe in the original vision for Bitcoin as described in the white paper: as a peer-to-peer electronic cash system.  I am working to help shape bitcoin to that vision and will continue to do so.

Could I be wrong?  Sure.  Maybe it actually is good to have $20 fees (soon to be $50) and a network that can only process 3 transactions per seconds (one thousand times less than Visa).  

And that is why I hold both BTC and BCH.  

i react emotionally because YOU play games with my live savings. why the fuck aren´t you creating just another altcoin to realize your great vision? why tamper with bitcoin? if you are not happy with it, leave it. well, you sort of did, but you try to steal as much juice of it as possible, trying to hurt bitcoin as much as possible.

now you expecting me to hug you for it? your game is called hijacking and it is evil.

From my perspective, it is Blockstream/Core that are tampering with Bitcoin, by refusing to allow a much-needed capacity increase to reduce fees and allow for continued growth, and then by fundamentally changing the structure of the BTC coin by adding segwit.  

Bitcoin Cash represents the original vision for Bitcoin as peer-to-peer electronic cash.  I will continue work to realize this vision, and help resist the hijack attempt by Blockstream and Core.

[sirazimuth]

https://hackernoon.com/this-is-bitcoin-who-are-you-to-tell-us-otherwise-8fc5966d4ac4

[JimboToronto]

Major Baghodler.

Proud of it.

[Ibian]

take hash power away from Core in "bursts" to drive up network congestion so that the problem with small blocks became more obvious

We still need more throughput. Tactics aside the point is valid.

[600watt]

Why are you reacting so emotionally?  You have held bitcoin for a long time, and so you would have equal coins on both the Bitcoin Core and Bitcoin Cash chains.  If Bitcoin evolves as peer-to-peer digital cash, with low fees and reliable confirmation, you win; if Bitcoin evolves as digital gold, with high fees and transaction friction, you win too.

I believe in the original vision for Bitcoin as described in the white paper: as a peer-to-peer electronic cash system.  I am working to help shape bitcoin to that vision and will continue to do so.

Could I be wrong?  Sure.  Maybe it actually is good to have $20 fees (soon to be $50) and a network that can only process 3 transactions per seconds (one thousand times less than Visa).  

And that is why I hold both BTC and BCH.  

i react emotionally because YOU play games with my live savings. why the fuck aren´t you creating just another altcoin to realize your great vision? why tamper with bitcoin? if you are not happy with it, leave it. well, you sort of did, but you try to steal as much juice of it as possible, trying to hurt bitcoin as much as possible.



now you expecting me to hug you for it? your game is called hijacking and it is evil.

From my perspective, it is Blockstream/Core that are tampering with Bitcoin, by refusing the allow a much-needed capacity increase to reduce fees and allow for continued growth, and then by fundamentally changing the structure of the BTC coin by adding segwit.  

Bitcoin Cash represents the original vision for Bitcoin as peer-to-peer electronic cash.  I will continue work to realize this vision, and help resist the hijack attempt by Blockstream and Core.

from the perspective of a wrong-way driver it really looks like all the others are wrong.

visions can and should compete. but playing foul/malicious games that will hurt peoples life savings is one big ego trip. where are your contributions towards bitcoin to address the problem you describe?  didn't´t get merged? why?