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

[JayJuanGee]

Looks like another BCH pump-in-the-making.

Round 2 (... or is it 3, now ?) in the works ?

Do these pumps coincide with when BCH is more profitable to mine which relates to the diff level?
If the hash rate keeps switching, wont the BTC diff rate change down at some point? (assuming that some of the hashes that were on BTC are being diverted to BCH) and that would make BTC more profitable at that point.
I assume that this seesawing will continue until some equilibrium is met or until one chain begins to become more dominant?

What the fuck you talking about?

Bitcoin is already way more dominant than BCH.


Even suggesting that bitcoin is not more dominant suggests that you believe that there is some kind of meaningful following behind BCH besides some opportunists and some pumpers.

Sure, reality could change at some point, and BCH could become more of a thing in terms of building a network - but we seem to be quite a ways from that kind of evolution (or revolution).  Right?

[alexeft]

Think again. BCH is consistently more profitable to mine than is BTC:

Not what I see in fork.lol. Besides, miners don't seem to be leaving!

I have a few questions.

1) Does every node with good connectivity have all mempool transactions in its memory?

No. Though nodes that have been continuously up for a long interval of time (days to weeks) will have near-identical mempool contents.

2) How can I query the mempool myself?

Run a node. Keep it up. (Some implementations make such queries easier than others.)

I understand there are websites you can query for the mempool - to some extent chain browsers can work.

Thanks for the answer.

[AlcoHoDL]

To help clear away all misinformation posted about the Bitcoin Lightning Network (LN), may I suggest to all those interested in the facts, to read the white paper and other relevant documents here:

http://lightning.network/docs/

Section 1 of the paper should be particularly enlightening to those who still have doubts about LN's elegance and superiority in comparison with a mere increase in block size.

[itod]

...
No. Dabs was the one that first postulated daily opening and closing channels. I merely am guiding Dabs to the natural conclusion of that postulate.

If Dabs made proposition for one use-case, and you make generalization based on single case, doesn't that sound wrong to you?

Not only that channels can send funds to each other for the purpose of closing,

Admittedly, I've not heard that before. So you are saying the transactions will never be settled on-chain? You realize then that such transactions are by definition 'not Bitcoin', right?

You haven't heard a lot of things, however you make FUD just for the sake of it. FYI, funds from on LN channel can be transferred to another channel, even o another blockchain. I've told you to Google BTC/LTC LN channel transfers but you would not do that. There's no need to close the channel prematurely to claim the funds, you can transfer it to another channel and leave original channel open. And yes, LN channels are 'not Bitcoin', they just open/close on the Bitcoin blockchain and after that live they life completely independent from BTC blockchain until they close sometime in the future. All countless transactions that can securely happen on the channel do not pollute the blockchain like your big blocks pollute BCH blockchain. So again go educate yourself to find another topic to spread FUD, preferable for you less obviously false.

[Rosewater Foundation]

Cat and bitcoin have much many lives. But the bitcoin rather do not throw out of the window.

Dude. Your Goolag Translate shenanigans are seriously turning my brain into a pretzel, while trying to make sense of the english text that is being thrown at my eyes.

I beg of you. Please fuck off back to whichever BCH-pimping-shithole you crawled out from.

Have to agree with you.

Some comments are totally empty & off-topic.

It's a waste of space & everyone's time.  There's enough to read on this thread already!

Realy, I think, that bitcoin has many lives. You can have a different opinion. OK, your english is better, congrats. Are you better man for this reason? Long life BTC, and BCH also, dude. Wish and will be wished

is the fraudulate bitcoins the same like the real bitcoins??

[mike4001]

Almost 8000 USD ... so close :-/

But it's just business as usual. When approaching a new 1000 we always fall back close before it. A few days later there is a pump which pushes it a couple of hundert USD beyond the limit

[alexeft]

Thanks to Alcohodl and Itod for their posts clearing up things about LN.

The important part is that channel can stay open indefinitely, there's a big penalty to messing with the channel's funds, and also, that funds can be tranferred to other channels (and even other blockchains) without an onchain transaction. 440000 channels can be opened or closed per day, so, there will be a sort of "power up" phase to open the needed channels and then we are talking about many many transactions per day.

Bitch coin on the other hand..................

[julian071]

Thanks to Alcohodl and Itod for their posts clearing up things about LN.

+1

[alexeft]

BTW, this week's candle is the biggest ever in the history of bitcoin.
In Bitstamp prices, it starts from $5850 and ends at $7997, a height of $2147!!!! 

[Rosewater Foundation]

BTW, this week's candle is the biggest ever in the history of bitcoin.
In Bitstamp prices, it starts from $5850 and ends at $7997, a height of $2147!!!!  

This thing that isn't a get rich quick scheme sure is getting a lot of people rich quick.
maybe this will help? https://www.coindesk.com/swiss-firms-let-traders-short-bitcoin-new-futures-products/

[ragnar0k]

BTW, this week's candle is the biggest ever in the history of bitcoin.
In Bitstamp prices, it starts from $5850 and ends at $7997, a height of $2147!!!!  

This thing that isn't a get rich quick scheme sure is getting a lot of people rich quick.
maybe this will help? https://www.coindesk.com/swiss-firms-let-traders-short-bitcoin-new-futures-products/

Shorting bitcoin is a good path to rektage!

[jojo69]

BTW, this week's candle is the biggest ever in the history of bitcoin.
In Bitstamp prices, it starts from $5850 and ends at $7997, a height of $2147!!!! 

Y'all motherfuckers need log scale

[alexeft]

BTW, this week's candle is the biggest ever in the history of bitcoin.
In Bitstamp prices, it starts from $5850 and ends at $7997, a height of $2147!!!!  

This thing that isn't a get rich quick scheme sure is getting a lot of people rich quick.
maybe this will help? https://www.coindesk.com/swiss-firms-let-traders-short-bitcoin-new-futures-products/

Futures? Yeah, sure! Short all you like and feel the result!

[alexeft]

BTW, this week's candle is the biggest ever in the history of bitcoin.
In Bitstamp prices, it starts from $5850 and ends at $7997, a height of $2147!!!! 

Y'all motherfuckers need log scale

In log scale we need to reach $30k ! Let's do it! 

[AZwarel]

Just ignore this troll.

Newbie hell, shilling started for weekend btc->bch pump it seems...

[BitcoinBunny]

Down, down, deeper and down...

[vroom]

someone should make a 16mb fork. 16mb scales so much better then 8mb bch, that's the future.

[player99]

BTW, this week's candle is the biggest ever in the history of bitcoin.
In Bitstamp prices, it starts from $5850 and ends at $7997, a height of $2147!!!!  

This thing that isn't a get rich quick scheme sure is getting a lot of people rich quick.
maybe this will help? https://www.coindesk.com/swiss-firms-let-traders-short-bitcoin-new-futures-products/

Yes, shorting btc really helps with that  
When will they learn...

[rolling]

someone should make a 16mb fork. 16mb scales so much better then 8mb bch, that's the future.

Somebody is probably rushing to register the domain segwit16x.com now that you said that.

[alexeft]

BTW, this week's candle is the biggest ever in the history of bitcoin.
In Bitstamp prices, it starts from $5850 and ends at $7997, a height of $2147!!!!  

This thing that isn't a get rich quick scheme sure is getting a lot of people rich quick.
maybe this will help? https://www.coindesk.com/swiss-firms-let-traders-short-bitcoin-new-futures-products/

Yes, shorting btc really helps with that  
When will they learn...

It's a "lose everything quick scheme"!