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

[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.

[JimboToronto]

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

Bitcoincashgold?

 

[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?