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

[jojo69]

thoughts?

[El duderino_]

i'm just fine to go into ATH times
just so much enjoymend @that times mmm common pump it UP

[Torque]

Some good news:  owner of the ASIC Boost patent has licensed it to the Blockchain Defensive Licence.  

https://bitcoinmagazine.com/articles/there-bitcoin-patent-war-going-initiative-could-end-it/

That IS news.

Depending on how that plays out I might even entertain the notion of rolling back segwit.

[jojo69]

did you read the link Torque?

ASICboost in the defensive license could force all other mining patent holders into the agreement

[Tzupy]

@girevikcap https://twitter.com/girevikcap/status/971360264363892737 12:21 PM - 7 Mar 2018

The 2011 price crash in BTC was caused by MtGox. The 2014 price crash was caused by MtGox. The 2018 price crash? Yep, you guessed it.

ref eg : https://www.trustnodes.com/2018/03/07/mt-gox-trustee-sold-half-billion-dollars-worth-bitcoin-bitcoin-cash

The trustnodes article is garbage.
And the February 2018 crash wasn't caused by the Trustee, AFAIK he panic sold 18 thousand BTC close to the February 6th bottom.
As a MtGox creditor, I wish the crash would have been caused by the Trustee, by selling high, but this was not the case.

[Torque]

did you read the link Torque?

Yes

"Whether or not this constituted a patent infringement remained a point of contention, but the issue was, to large extent, rendered moot as the Segregated Witness upgrade activated on the Bitcoin protocol in August 2017. This soft fork limited the potential upside of using the covert application of AsicBoost, and it is clear that no one ever used the overt version of AsicBoost on Bitcoin’s mainnet."

ASICboost in the defensive license could force all other mining patent holders into the agreement

Only if they so choose to join the BDPL, correct? So Bitmain would have to remove ASICboost to steer clear of the BDPL, or be forced to share any other patents they have?

[realr0ach]

The prices are outrageously high.

When you call my name it’s like a little prayer
The price is crashing lower, I wanna take you there
In the midnight hour, I heard someone yell white power
Just like another Shoah
You know I’ll take you there

I hear the Jews
They sound like giant rodents
I hear the Jews
I hear the Jews
boarding the trains

I close my eyes as the Dow free falls
It’s time to long Zyklon B
I wanna take you there

[dieselmeister]

and the next dump is there ...

[LFC_Bitcoin]

Dipping below $10,000 again by the looks of it today **Sigh**

[Last of the V8s]

and the next dump is there ...

yes next fud (after Japan/Gox) is SEC again https://www.sec.gov/news/public-statement/enforcement-tm-statement-potentially-unlawful-online-platforms-trading

[jojo69]

did you read the link Torque?

Yes

"Whether or not this constituted a patent infringement remained a point of contention, but the issue was, to large extent, rendered moot as the Segregated Witness upgrade activated on the Bitcoin protocol in August 2017. This soft fork limited the potential upside of using the covert application of AsicBoost, and it is clear that no one ever used the overt version of AsicBoost on Bitcoin’s mainnet."

ASICboost in the defensive license could force all other mining patent holders into the agreement

Only if they so choose to join the BDPL, correct? So Bitmain would have to remove ASICboost to steer clear of the BDPL, or be forced to share any other patents they have?

As I understand it yes, so the more effective ASICboost is the better.

[Torque]

Cool.

This kinda feels like a big short entry/shake the tree kind of thing to me. Wonder if something big is coming?

[jojo69]

feels super fake

[LFC_Bitcoin]

Plummeting

[petahashminer]

so what the hell is going on ?

[bitcoinPsycho]

bitcoin noooooooo

[podyx]

Anybody has a clue about what the fuck is happening?

[jojo69]

looks like a target of 9400

[Dakustaking76]

I think that bitcoin is done...

I am still a holder Ofcourse But this is not a good sign at Well....

[zazzbg]

I think that bitcoin is done...

I am still a holder Ofcourse But this is not a good sign at Well....

Bitcoin is done because of... ?