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

[Ibian]

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?  

We all knew bitcoin was a risk when we signed up. That's really not a valid argument.

There is no inherent goodness in people. Just different brands of selfishness. Life is a competition. Win and live, lose and die. Or in this case, simply lose some money. It's not a bad deal, all told.

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[bitserve]

@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

This is getting hilarious... How much can a fork of a fork of a fork be worth?

Airdrops on airdrops on airdrops.... Funny. And profitable I must say.

Also I am finding this BCH AWESOME for daytarding -scalping on the volatility as if it was BTC @ 2013-. My BTC stash has growed significantly and I still have more than 1/3 BCH left to keep playing.

Thanks, I guess. A lot of work for the past few days though. I am getting as much tired as "richer". I need some sleep now.

[Peter R]

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?  

You need to step out of the Theymos controlled foras and gain some perspective, because you are confused.  Right now there are two bitcoins: Bitcoin Cash and Bitcoin Core.  

Presently, Core has the advantage.  That might change however.

Like I said earlier, it is unlikely that both will survive long-term, unless one of them changes PoW.

[becoin]

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

Don't you already have Bitcoin Cash that allows continued growth? What's wrong with it?

[bitcoinPsycho]

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

intresting reading
thanks sirazimuth

[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

This is getting hilarious... How much can a fork of a fork of a fork be worth?

Airdrops on airdrops on airdrops.... Funny. And profitable I must say.

Also I am finding this BCH AWESOME for daytarding -scalping on the volatility as if it was BTC @ 2013-. My BTC stash has growed considerably and I still have more than 1/3 BCH left to keep playing.

Thanks, I guess. A lot of work for the past few days though. I am getting as much tired as "richer". I need some sleep now.

aha I tricked you though because 'nodes don't matter', remember.

glad you got some dosh out of this heist.

but I do still feel sorry for the Korean customers who Roger Ver stole from

[Peter R]

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

Don't you already have Bitcoin Cash that allows continued growth? What's wrong with it?

Nothing is wrong with it.  That's why we're working on it.  To continue building Bitcoin as a P2P eCash system.  

Right now the market and the miners are trying to figure out which is superior: Bitcoin Cash or Bitcoin Core.

[Ludwig Von]

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.

Exploiting a generally known problem in a system to promote another system is by no means trying to improve the original. But is simply marketing the
other system.  So claiming it is to improve the original is misleading when it is just competing the original.

[OdalvHacked]

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.

If you are average smart enough then you know that selling BCH will make you a lot of money.

[Torque]

Presently, Core has the advantage.  That might change however.

Well if you are sure that the free market will decide, then why are you campaigning so hard for BCH on this sub forum thread?

I can go back on your posting history to prove that for the last 3-4 years you've never posting anything in this WO thread. And now all of a sudden you are here. Along with all the other BCH shills and trolls.

If you are sure that BCH will win long term, then leave us alone and go off and do some BCH pre-victory laps... or something. The free market will sort it out.

[becoin]

Nothing is wrong with it.

Really? Then why don't you just use Bitcoin Cash and forget about Bitcoin?

[vroom]

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

Don't you already have Bitcoin Cash that allows continued growth? What's wrong with it?

Nothing is wrong with it.  That's why we're working on it.  To continue building Bitcoin as a P2P eCash system.  

Right now the market and the miners are trying to figure out which is superior: Bitcoin Cash or Bitcoin Core.

there is no skill behind making a block bigger. zero innovation. no skill = no value

[Last of the V8s]

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

Don't you already have Bitcoin Cash that allows continued growth? What's wrong with it?

Nothing is wrong with it.  That's why we're working on it.  To continue building Bitcoin as a P2P eCash system.  

Right now the market and the miners are trying to figure out which is superior: Bitcoin Cash or Bitcoin Core.

there is no skill behind making a block bigger. zero innovation. no skill = no value

he's doing it for the dollars from his research grants

[P_Shep]

I consider the BCH team to be as reprehensible as if they they orchestrated a 51% attack on the bitcoin network.

[BTCMILLIONAIRE]

I consider the BCH team to be as reprehensible as if they they orchestrated a 51% attack on the bitcoin network.

Sound about right.

[Last of the V8s]

Jaysus people don't buy all the bitcoins or there'll be nothing left for the Wall Street fraudsters.

[OdalvHacked]

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.

You are stupid. I can only advice you to sell all your bitcoins and buy CASH.  (ooouch, are you refusing?, CASH is not as good as BTC ?)

[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.

Exploiting a generally known problem in a system to promote another system is by no means trying to improve the original. But is simply marketing the
other system.  So claiming it is to improve the original is misleading when it is just competing the original.

So fix the problem. Do it a year ago.

[JayJuanGee]

good opportunity to buy more. i dont know where the bottom will be so i'm buying 0.05 at every $300 drop

JJ will be proud of you...

That is exactly what you supposed to be doing....     

[Ibian]

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

Don't you already have Bitcoin Cash that allows continued growth? What's wrong with it?

Nothing is wrong with it.  That's why we're working on it.  To continue building Bitcoin as a P2P eCash system.  

Right now the market and the miners are trying to figure out which is superior: Bitcoin Cash or Bitcoin Core.

there is no skill behind making a block bigger. zero innovation. no skill = no value

Original thought is overrated. What matters is what works. Bigger blocks work.