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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26836542 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 1 users with 9 merit deleted.)
Gab0
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November 14, 2017, 05:10:51 PM

I don't understand.
They deleted Peter R. answer to my question about the relationship between the nodes and the consensus rules (I suppose that for being "off topic"), but they did not erase all other comments from other users on the same subject.
JimboToronto
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You're never too old to think young.


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November 14, 2017, 05:13:11 PM

Good morning Bitcoinland.

Consolidating sideways around $6.6k I see... currently $6585USD/$8407CAD (Bitcoinaverage).

Total forkcoins (excluding BCH-ABC) are at $1538USD/$1960CAD (Coinmarketcap).

After yesterday's fine recovery, consolidation is good. Hopefully we'll continue upward soon.

It's clear what the "real" Bitcoin is. A big-blocker reaction after x2 cancellation was to be expected. Luckily it didn't last long.

Go Bitcoin go.

jbreher
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November 14, 2017, 05:15:24 PM


Well, that's one louder, innit?

I laughed.



bcash folks not only spam the network. their EDA sucks away mining power from bitcoin.
their very own malicious EDA CREATES the btc transaction backlog

Serious question: Do you think the miners owe you their hash rate? If you are worried about Bitcoin Segwit's mining, you could always make the investment of time, effort, and treasure in order to become a miner. Otherwise, you really have no say in where hash power gets directed, right?




Odious? Why the hate?



Yeah, excellent strategy.
Killing animals to eat them works until there are no more animals to kill and suddenly it doesn't work and you die of hunger.

Well, that's a funny way of coming out as being vegan.



You can't just trivialize and hand wave it all away as a simple block size increase will solve everything and still retain network stability while maintaining mining decentralization.

'Splain me how block size has anything whatsoever to do with mining centralization.



Any thoughts on how high the next BCH rally will go?  

I have no idea. I expect multiple cycles of up and down. Call it pump n dump if you want, but I think it will more properly be overbuying by BCH believers followed by dumping of free coinz by BTC believers. Seeing as I have no way to guess properly at inflection points, I'll just buy when low and hodl when high. A strategy that has benefited me tremendously for some years now.



How is this for a new scam idea - send me 500BTC and I will send you an image of my own creation, with a resolution of 1280x960 - great for a desktop background.

Back in the day, I sold several handfuls of one of my CDs for 1.2BTC a pop.

And they were damn worth it, too!



I don't understand.
They deleted Peter R. answer to my question about the relationship between the nodes and the consensus rules (I suppose that for being "off topic"), but they did not erase all other comments from other users on the same subject.

Yes. Moderation getting very partisan. And veering far from stated policies.
julian071
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November 14, 2017, 05:17:03 PM

Do you guys know/use any kind of coin monitor site? Not like cryptowatch or coinmarketcap.

More like "add this coin to my watch list and send an email when it reaches X satoshi"?

I use the Blockfolio-app on my phone.
Peter R
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November 14, 2017, 05:17:52 PM

I don't understand.
They deleted Peter R. answer to my question about the relationship between the nodes and the consensus rules (I suppose that for being "off topic"), but they did not erase all other comments from other users on the same subject.

Yes. Moderation getting very partisan. And veering far from stated policies.


Here is what I wrote, that was deleted by the mods:


Nodes can influence the rule set and its enforcement in proportion to their share of the network hash power.  This is Bitcoin's direct governance mechanism.

Market participants can influence the rule set and its enforcement in proportion to their economic power.  This is Bitcoin's indirect governance mechanism.

A non-mining node by itself has no influence.  This is easy to prove: if you run 100 raspberry-pi nodes, do you have more influence over the rule set and its enforcement than if you unplugged 99 of them?  Of course not, because only the people behind those (non-mining) nodes matter, not the nodes themselves.
jojo69
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November 14, 2017, 05:21:36 PM

I am witnessing this censorship.

As much as I disagree with them, deleting posts is cowardly and shameful.

Let us confront their ideas in a free and open forum, selective deletion only strengthens their claims, a corollary of the Streisand effect, foolish and counterproductive.
fluidjax
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November 14, 2017, 05:29:42 PM

I don't understand.
They deleted Peter R. answer to my question about the relationship between the nodes and the consensus rules (I suppose that for being "off topic"), but they did not erase all other comments from other users on the same subject.

Yes. Moderation getting very partisan. And veering far from stated policies.


Here is what I wrote, that was deleted by the mods:


Nodes can influence the rule set and its enforcement in proportion to their share of the network hash power.  This is Bitcoin's direct governance mechanism.

Market participants can influence the rule set and its enforcement in proportion to their economic power.  This is Bitcoin's indirect governance mechanism.

A non-mining node by itself has no influence.  This is easy to prove: if you run 100 raspberry-pi nodes, do you have more influence over the rule set and its enforcement than if you unplugged 99 of them?  Of course not, because only the people behind those (non-mining) nodes matter, not the nodes themselves.



Thats an oversimplification, if everyone were to run a node which differed from the consensus rules that all the miners ran, then someone is gonna change.
Probably, the miners will change to the rules of the nodes as they have more pressing bills to pay, this is of course the basis for UASF.
Collectively nodes indirectly dictate the rules.




Mrpumperitis
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November 14, 2017, 05:32:11 PM

wheres that smellly troll lauda.....
Peter R
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November 14, 2017, 05:38:52 PM

I don't understand.
They deleted Peter R. answer to my question about the relationship between the nodes and the consensus rules (I suppose that for being "off topic"), but they did not erase all other comments from other users on the same subject.

Yes. Moderation getting very partisan. And veering far from stated policies.


Here is what I wrote, that was deleted by the mods:


Nodes can influence the rule set and its enforcement in proportion to their share of the network hash power.  This is Bitcoin's direct governance mechanism.

Market participants can influence the rule set and its enforcement in proportion to their economic power.  This is Bitcoin's indirect governance mechanism.

A non-mining node by itself has no influence.  This is easy to prove: if you run 100 raspberry-pi nodes, do you have more influence over the rule set and its enforcement than if you unplugged 99 of them?  Of course not, because only the people behind those (non-mining) nodes matter, not the nodes themselves.



Thats an oversimplification, if everyone were to run a node which differed from the consensus rules that all the miners ran, then someone is gonna change.
Probably, the miners will change to the rules of the nodes as they have more pressing bills to pay, this is of course the basis for UASF.
Collectively nodes indirectly dictate the rules.


I think what you mean is that the people indirectly dictate the rules, including of course the people who run nodes.  Which is exactly what I said.  

The point I'm making is that the influence of a non-mining node by itself is zero.  Consider:

A. You have 100 mining nodes.  If you unplug 99 of them, you objectively have less ability to influence / enforce the rule set.

B. You have 100 raspberry-pi (non mining) nodes.  If you unplug 99 of them, your ability to influence / enforce the rule set is unchanged.  

If you understand PoW, the truth of this should be very obvious.
bitcoinPsycho
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November 14, 2017, 05:39:25 PM

wheres that smellly troll lauda.....
nice friendly comment. take your battle elsewhere .we don't want to hear your BitCHing here
mr tits
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Warning: Trade with extreme caution!
Mrpumperitis
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November 14, 2017, 05:56:05 PM

wheres that smellly troll lauda.....
nice friendly comment. take your battle elsewhere .we don't want to hear your BitCHing here
mr tits
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hahah  lucky i dont trade here....bitcoin is getting dumped guys, run while you can....ITS GOING UNDER $5K VERY SOON
bitcoinPsycho
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November 14, 2017, 05:58:17 PM

wheres that smellly troll lauda.....
nice friendly comment. take your battle elsewhere .we don't want to hear your BitCHing here
mr tits
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hahah  lucky i dont trade here....bitcoin is getting dumped guys, run while you can....ITS GOING UNDER $5K VERY SOON
grow up
Mrpumperitis
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November 14, 2017, 05:59:43 PM

grow up?

why because im telling the truth and not a perma bull lols


BTC/SEGWIT is gona dump, no one wants to pay such high prices for a coin that doesnt perform
gembitz
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November 14, 2017, 06:00:53 PM

grow up?

why because im telling the truth and not a perma bull lols


BTC/SEGWIT is gona dump, no one wants to pay such high prices for a coin that doesnt perform

just stop your nonsense!~ BCH is trollfest and we are here to make money and spread LOVE! :-D ===>"OG" BTC FTW!!!
Ludwig Von
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November 14, 2017, 06:01:38 PM

wheres that smellly troll lauda.....
nice friendly comment. take your battle elsewhere .we don't want to hear your BitCHing here
mr tits
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hahah  lucky i dont trade here....bitcoin is getting dumped guys, run while you can....ITS GOING UNDER $5K VERY SOON

Et alors?
Mrpumperitis
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November 14, 2017, 06:01:59 PM

grow up?

why because im telling the truth and not a perma bull lols


BTC/SEGWIT is gona dump, no one wants to pay such high prices for a coin that doesnt perform

just stop your nonsense!~ BCH is trollfest and we are here to make money and spread LOVE! :-D ===>BTC FTW!!!

who said anything about the real bitcoin bch ?

im just saying i heard big players are gonna dump btc tonight under $5k
gembitz
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November 14, 2017, 06:03:56 PM

grow up?

why because im telling the truth and not a perma bull lols


BTC/SEGWIT is gona dump, no one wants to pay such high prices for a coin that doesnt perform

just stop your nonsense!~ BCH is trollfest and we are here to make money and spread LOVE! :-D ===>BTC FTW!!!

who said anything about the real bitcoin bch ?

im just saying i heard big players are gonna dump btc tonight under $5k

the real bitcoin is umm you guessed it BTC :-D we may have to reset the SegWit thingy back to normal someday but ehh who cares ..lol
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November 14, 2017, 06:05:11 PM

grow up?

why because im telling the truth and not a perma bull lols


BTC/SEGWIT is gona dump, no one wants to pay such high prices for a coin that doesnt perform
IGNORED
Mrpumperitis
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November 14, 2017, 06:05:29 PM

grow up?

why because im telling the truth and not a perma bull lols


BTC/SEGWIT is gona dump, no one wants to pay such high prices for a coin that doesnt perform

just stop your nonsense!~ BCH is trollfest and we are here to make money and spread LOVE! :-D ===>BTC FTW!!!

who said anything about the real bitcoin bch ?

im just saying i heard big players are gonna dump btc tonight under $5k

the real bitcoin is umm you guessed it BTC :-D we may have to reset the SegWit thingy back to normal someday but ehh who cares ..lol
you stupid NOOB, i told you earlier you cant remove segshit lols
jojo69
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November 14, 2017, 06:07:19 PM

You heard it here first folks, BTC under $5K tonight!

Have your fiat ready. lol
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