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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (3.2%)
7/28 - 2 (6.5%)
8/4 - 7 (22.6%)
8/11 - 2 (6.5%)
8/18 - 1 (3.2%)
8/25 - 1 (3.2%)
After August - 17 (54.8%)
Total Voters: 31

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26415742 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 3 users with 9 merit deleted.)
OWZ1337
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BITCOIN===>THE DISRUPTIVE CYBERCURRENCY


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December 20, 2017, 08:11:11 PM

I think for bitcoin to grow and the price to grow past 20k the scalability issue need to be fixed. Fees of 700+ sat/B is unsustainable. I don't think that increasing the block size like BCH did is the solution but a hard look at scalability is needed.
Do you think that halving the block size is a solution then?

I don't believe this user is a Luke Jr. surrogate.

Luke Skywalker Jr. cheesburger deluxe told me sell off some dogshit positions and go all into futures of BTC/Bitcoin because 20K-25K BTCBTCpump and exit dump before new years :-D weeee
RayX12
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December 20, 2017, 08:21:31 PM

I think for bitcoin to grow and the price to grow past 20k the scalability issue need to be fixed. Fees of 700+ sat/B is unsustainable. I don't think that increasing the block size like BCH did is the solution but a hard look at scalability is needed.
Do you think that halving the block size is a solution then?

Problem could be solved if everyone adopts segwit.

Ture or False?



that is a good question. Core claims yes. We have 5% segwit adoption so far. ( heard from Jimmy Song this morning) Anyone care to guess the fees if everyone moved to segwit today. 1) The cost to move. 2) the costs after moving. Any guesses?

I just looked for Electrum wallet and they do not have Segwit support yet.

see here: https://www.reddit.com/r/Electrum/comments/7dku5r/segwit_wallets_and_electrum/

btw.. I would pay to get segwit wallet!
RayX12
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December 20, 2017, 08:25:31 PM

Can somone confirm if this new version is working with segwit transactions.

According to the Release Notes ( https://github.com/spesmilo/electrum/blob/master/RELEASE-NOTES)

There is support for Segwit but one has to chose it.  It is not default..  I am not a dev so maybe someone can check this out:

------------------------
"# Release 3.0.3
  * Qt GUI: sweeping now uses the Send tab, allowing fees to be set
  * Windows: if using the installer binary, there is now a separate shortcut
    for "Electrum Testnet"
  * Digital Bitbox: added suport for p2sh-segwit
  * OS notifications for incoming transactions
  * better transaction size estimation:
    - fees for segwit txns were somewhat underestimated (#3347)
    - some multisig txns were underestimated
    - handle uncompressed pubkeys
  * fix #3321: testnet for Windows binaries
  * fix #3264: Ledger/dbb signing on some platforms
  * fix #3407: KeepKey sending to p2sh output
  * other minor fixes and usability improvements

# Release 3.0.2
  * Android: replace requests tab with address tab, with access to
    private keys
  * sweeping minikeys: search for both compressed and uncompressed
    pubkeys
  * fix wizard crash when attempting to reset Google Authenticator
  * fix #3248: fix Ledger+segwit signing
  * fix #3262: fix SSL payment request signing
  * other minor fixes.

# Release 3.0.1
  * minor bug and usability fixes

# Release 3.0 - Uncanny Valley (November 1st, 2017)

  * The project was migrated to Python3 and Qt5. Python2 is no longer
    supported. If you cloned the source repository, you will need to
    run "python3 setup.py install" in order to install the new
    dependencies.

  *Segwit support:


    - Native segwit scripts are supported using a new type of
      seed. The version number for segwit seeds is 0x100. The install
      wizard will not create segwit seeds by default; users must
      opt-in with the segwit option.


    - Native segwit scripts are represented using bech32 addresses,
      following BIP173. Please note that BIP173 is still in draft
      status, and that other wallets/websites may not support
      it. Thus, you should keep a non-segwit wallet in order to be
      able to receive bitcoins during the transition period. If BIP173
      ends up being rejected or substantially modified, your wallet
      may have to be restored from seed. This will not affect funds
      sent to bech32 addresses, and it will not affect the capacity of
      Electrum to spend these funds.

    - Segwit scripts embedded in p2sh are supported with hardware
      wallets or bip39 seeds. To create a segwit-in-p2sh wallet,
      trezor/ledger users will need to enter a BIP49 derivation path.

    - The BIP32 master keys of segwit wallets are serialized using new
      version numbers. The new version numbers encode the script type,
      and they result in the following prefixes:

         * xpub/xprv : p2pkh or p2sh
         * ypub/yprv : p2wpkh-in-p2sh
         * Ypub/Yprv : p2wsh-in-p2sh
         * zpub/zprv : p2wpkh
         * Zpub/Zprv : p2wsh

      These values are identical for mainnet and testnet; tpub/tprv
      prefixes are no longer used in testnet wallets.

    - The Wallet Import Format (WIF) is similarly extended for segwit
      scripts. After a base58-encoded key is decoded to binary, its
      first byte encodes the script type:

         * 128 + 0: p2pkh
         * 128 + 1: p2wpkh
         * 128 + 2: p2wpkh-in-p2sh
         * 128 + 5: p2sh
         * 128 + 6: p2wsh
         * 128 + 7: p2wsh-in-p2sh

      The distinction between p2sh and p2pkh in private key means that
      it is not possible to import a p2sh private key and associate it
      to a p2pkh address.

  * A new version of the Electrum protocol is required by the client
    (version 1.1). Servers using older versions of the protocol will
    not be displayed in the GUI.

  * By default, transactions are time-locked to the height of the
    current block. Other values of locktime may be passed using the
    command line."
drbrockcoin
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For your listening pleasure, Fuck World Trade!


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December 20, 2017, 08:37:15 PM

Ok so I am guessing this nonsense is going to go on for a few days and then total dump?

I wanna see BanksterCoin below 0.1 BTC again and BanksterGold below 0.015

 Grin Grin Grin GrinBTCBTCBTCBTC
RayX12
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December 20, 2017, 08:43:37 PM

I just witnessed something unreal.  AS BITCH goes down and breaks the downtrend then all coins take a little dump to catch the rebound on the BITCH.

Everybody is trying to catch a falling knife.  I hope all of you BITCH lovers burn in hell soon!
HairyMaclairy
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December 20, 2017, 08:47:13 PM

I just witnessed something unreal.  AS BITCH goes down and breaks the downtrend then all coins take a little dump to catch the rebound on the BITCH.

Everybody is trying to catch a falling knife.  I hope all of you BITCH lovers burn in hell soon!

Youre going to love what happens when Bitcoin stabs the sky.
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December 20, 2017, 08:50:51 PM

Finally putting my hardware wallets to use. Was gonna split my cold stash between an offline laptop and trezor and ledger, but I figure, these things are specifically designed to keep coins safe so might as well just stick with them for now. Less work and probably safer anyway.

And then off to finally dump my clone coins. Getting enough fiat out of it to chill for five years or so while waiting for bitcoin to hit six digits.
Syke
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December 20, 2017, 09:09:45 PM

Finally putting my hardware wallets to use. Was gonna split my cold stash between an offline laptop and trezor and ledger, but I figure, these things are specifically designed to keep coins safe so might as well just stick with them for now. Less work and probably safer anyway.

As long as you keep your seed safe.
Rosewater Foundation
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December 20, 2017, 09:10:37 PM

Grinding down. Not pleasant.
explorer
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December 20, 2017, 09:12:17 PM

Grinding down. Not pleasant.

Get a different partner then.
Rosewater Foundation
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December 20, 2017, 09:14:37 PM

Grinding down. Not pleasant.

Get a different partner then.

But Bob's already spoken for. Sad
Syke
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December 20, 2017, 09:34:02 PM

But Bob's already spoken for. Sad

They both might be interested in helping.
Rosewater Foundation
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December 20, 2017, 09:34:56 PM

But Bob's already spoken for. Sad

They both might be interested in helping.

In my experience most people here just want my pants.
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Cлaвa Укpaїнi!


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December 20, 2017, 09:38:22 PM

My designs for a new dartboard and punchbag for in the games room.
What do you guys think?
https://i.imgur.com/WUR8Ne8.jpg

If I were one of those cliché, unstable movie-trope characters, I might imagine using their photos as paper targets, while practicing on the range.

My next house will have an indoor range, and I already have some photos selected for future target practice.
600watt
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December 20, 2017, 09:39:21 PM

tripple bottom. quadruple bottom. where is the fucking B O U N C E???!
Rosewater Foundation
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December 20, 2017, 09:43:54 PM

tripple bottom. quadruple bottom. where is the fucking B O U N C E???!

It's the perfect short. CNBC couldn't have planned this better.
AlcoHoDL
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Addicted to HoDLing!


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December 20, 2017, 09:45:40 PM

tripple bottom. quadruple bottom. where is the fucking B O U N C E???!

The lower it drops, the higher it bounces.

It's all physics. The so called "HoDLer's Law".
savetherainforest
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Plant 1xTree for each Satoshi earned!


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December 20, 2017, 09:46:27 PM


This seems fun, what a roller coaster misdirection. Cheesy Cheesy


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December 20, 2017, 09:55:04 PM

Trying to claim my bglod from Trezor is a right pain in the ass
infofront (OP)
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December 20, 2017, 10:06:52 PM

Finally putting my hardware wallets to use. Was gonna split my cold stash between an offline laptop and trezor and ledger, but I figure, these things are specifically designed to keep coins safe so might as well just stick with them for now. Less work and probably safer anyway.

And then off to finally dump my clone coins. Getting enough fiat out of it to chill for five years or so while waiting for bitcoin to hit six digits.

XMR2BTC===> is just like the original satoshi whitepaper :-D weeeee #xmrtodamoon

https://poloniex.com/exchange#btc_xmr

==========================

cheers ~ satoshi

I like XMR too, but outright shilling it is not appropriate in this thread.
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