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

[bones261]

Well, it appears that Peter Todd made a tweet that basically states Satoshi was fallible too, and now Craig Wright seems to be making some kind of veiled threat.
My wager is that Craig Wright doesn't really have the cajones.   HODL

[El duderino_]

[mindrust]

These two charts are on completely different scales, they dont look anything alike, and the volume hits are totally out of whack. The 100 youre pointing to also was not real and only happened on a couple exchanges due to an error.

I like to think positive.

[Ibian]

Anunymint raises some good points. I am guessing similar to Peter Rizun. It points out a potential attack vector on segwit coins.

Dr. Peter Rizun - SegWit Coins are not Bitcoins

The video is worth watching even if you believe Segwit posses no risk.

https://www.youtube.com/watch?v=VoFb3mcxluY

All I read is Trilemma.

yes.

if segwit is doomed like anunymint is praising, people would lose trust in bitcoin and blockchain as a whole. that's why there is no advantage in storing coins on legacy addresses.

Praising? Who says he is happy about it?

Something that might be interesting to consider is why some of you seem to be so invested in the idea of segwit being the ultimate good that you call anyone who question it, even on a technical security front, names. What's up with that?

[fluidjax]

Almost identical 

[bones261]

yes.

if segwit is doomed like anunymint is praising, people would lose trust in bitcoin and blockchain as a whole. that's why there is no advantage in storing coins on legacy addresses.

Praising? Who says he is happy about it?

Something that might be interesting to consider is why some of you seem to be so invested in the idea of segwit being the ultimate good that you call anyone who question it, even on a technical security front, names. What's up with that?

Because many BTC HODLers want to believe that the Bitcoin core team is headed in the right direction. They want to believe that BTC, in it's current state, is antifragile.

[Ibian]

yes.

if segwit is doomed like anunymint is praising, people would lose trust in bitcoin and blockchain as a whole. that's why there is no advantage in storing coins on legacy addresses.

Praising? Who says he is happy about it?

Something that might be interesting to consider is why some of you seem to be so invested in the idea of segwit being the ultimate good that you call anyone who question it, even on a technical security front, names. What's up with that?

Because many BTC HODLers want to believe that the Bitcoin core team is headed in the right direction. They want to believe that BTC, in it's current state, is antifragile.

Yes, but are they right? Want is a childish way to think. Which would be fine if it didn't matter, you do you etc. But emotions do not dictate physical reality. It is counterproductive.

[Torque]

A 51% attack will never happen. The miners would never do it because they know that would be the end of the crypto world, and all their investments would turn to dust overnight.

So.... checkmate FUD'ing concern trolls?

[Ibian]

A 51% attack will never happen. The miners would never do it because they know that would be the end of the crypto world, and all their investments would turn to dust.

So.... checkmate concern trolls?

Again with the name calling. It is not useful. Not even to you.

There are many powerful people who want to see bitcoin die. I know you know this.

[Torque]

A 51% attack will never happen. The miners would never do it because they know that would be the end of the crypto world, and all their investments would turn to dust.

So.... checkmate concern trolls?

Again with the name calling. It is not useful. Not even to you.

There are many powerful people who want to see bitcoin die. I know you know this.

Want is a childish way to think. Which would be fine if it didn't matter, you do you etc. But emotions do not dictate physical reality. It is counterproductive.

It's so easy to destroy you with your own inane blather, Ibian.

[bones261]

A 51% attack will never happen. The miners would never do it because they know that would be the end of the crypto world, and all their investments would turn to dust overnight.

So.... checkmate FUD'ing concern trolls?

Unfortunately, there are margin short options which would allow the attacker to make a boatload of cash if the price falls. However, at the present time, there probably is really not enough liquidity in any of those markets to offset the huge cost. However, with the CME and CBOE on board, that could change in the future...

[Vlada69]

Another dump...how surprising...

[vroom]

what are the latest prognoses from masterluc? does someone know?

[MrRobot]

what are the latest prognoses from masterluc? does someone know?

https://vk.com/bitcoin_vanga

He has been silent for a long time.

[wh1rlw1nd]

img1

img2

we must go futher

[jojo69]

Peter Rizun has about as much credibility as Dorian Nakamoto

Hey now


Dorian is a pretty solid dude, no need for this slander.

[Last of the V8s]

what are the latest prognoses from masterluc? does someone know?

https://vk.com/bitcoin_vanga

He has been silent for a long time.

Just some thoughts on the latest posts from BitcoinWanga:

This guy's predictions have lost credibility a long time ago when he predicted moon at $10k and we dropped to ~$6k almost immediately after. After that I wasn't taking him seriously but lately he started posting some real BS about stock prices and Bitcoin being dependent on Dow etc. His yesterday's post says we're going down to ~$3k which is a complete BS and FUD and today we see the green all around so I guess either he has become a bearwhale sockpuppet and that was a paid post to push noobs to panic sell at the bottom or he has lost his sense of reality completely....

Probably like most supposed bitcoin experts - no better than all of us at predicting the exact time breakouts either way may occur.

If he flings enough shit at the wall some of it will stick & he’ll be right.

Three and a half hours 

[mike4001]

Another dump...how surprising...

Nervously checking the chart

only down to 6350 from 6400

What are you talking about?

[Last of the V8s]

The m police be watching

[jbreher]

I won't be keeping my cold storage coins in a segwit address though.

None of mine are in segwit addresses.

Months ago I asked some technical questions about segwit addresses not having private keys, and nobody answered. Since then, I only used segwit addresses as entry adresses, but not as storage.

According to the doomsayers and FUDcallers, this is not going to save you.

Your coins need to be on a pre-fork/non-segwit address. Any coins you receive after the fork will most likely to have a segwit background. Since the adoption grows, the chances of getting non-segwit coins are becoming less and less. *fudcaller denied this.

Despite anonymint's retracted claim, this is indeed a possibility. To the extent that a cabal of miners can roll back the chain, all the txs in the rolled-back blocks become free txs waiting to be mined into a block again. Any within that set that are anyonecanspend txs are free to be claimed by whichever miner successfully mines them into a block. Once mined into a block, any descendent tx that has as an input the output of one of those anyonecanspend txs is invalid, and so cannot be mined. Any any descendant of that now invalid tx is also invalidated. And so on.

If they do a successful %51 attack and manage to hurt countless people, there will be a bounty for their fucking heads.

Coming up after the break.... Mark Karpeles, Trendon Shavers, James McCarthy, Josh Garza, Shallesh Bhatt all found murdered last night.