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

[HairyMaclairy]

Disclaimer:   I don’t want to give the impression that I care about bcash because I really don’t.  

That said, I don’t see how Craig can win.  Jihan controls more hashpower.  That means Jihan can 51% attack SV at any time. For Craig to 51% attack ABC, he would have to remove almost all his hashing power from SV, leaving SV undefended.  That just doesn’t seem sustainable.  Maybe I am missing something. 

[Last of the V8s]

^^^ it's a pastiche of a real and big pyramid scheme going on on the face book called initiative Q
^^ have to keep them on imgur or wherever
^ afaiu Craig claims in the video with Tone and elsewhere to have more hash than Jihan? didn't really watch/also don't care

[El duderino_]

@BOB
Curious what my GF is gonna do with her Nails next time after Reading that post

Always remember she’s a Hodler as well and big time BTC fanatic, that always counts for much isn’t it .

(Got a few coiner friend where the GF’s don’t wanna haar anything of BTC thats worse i guess? )

[JayJuanGee]

Tone Vays and CSW

https://youtu.be/ACEUOCoVvmw

I did watch the video (it's about 1 hour long in which Tone Vays interviews Craig Wright).  Sure, it is a bit irksome to listen to CSW, at all.

When I decided to watch the video, I considered that Vays is a sufficiently focused person and that he would attempt to research into matters and to ask probing questions of Wright.  Surely, Vays did a sufficient job to allow Wright to make his various points and also to show some of the nonsense and evasiveness of Wright's points, without getting too distracted by confrontation.  

[fluidjax]

Disclaimer:   I don’t want to give the impression that I care about bcash because I really don’t.  

That said, I don’t see how Craig can win.  Jihan controls more hashpower.  That means Jihan can 51% attack SV at any time. For Craig to 51% attack ABC, he would have to remove almost all his hashing power from SV, leaving SV undefended.  That just doesn’t seem sustainable.  Maybe I am missing something. 

I think you are right Jihan has way more hash available,but I think Craig has no intention of splitting the chain, if it splits and he can’t re-org away the incompatible blocks he is going to ignore his side of the chain and continue attacking the ABC side even if he destroys all confidence, he wants to kill ABC at all costs.

[goldkingcoiner]

via Imgflip Meme Generator

If that doesn’t look like a real original BELGIUM hodlers meal ??
*appretif
*rose
*rose
*red wine
*red wine
*italian coffee

And Maybe cocktailbar..... F***ing saturday after all or am i wrong??

Already bit drunk gonna fight myself of shitposting......................

But gotta mix myself with the nocoiners as well now and Then

Btw whats the price doing didn’t watch while posting ..... gonna look right away

Cheers fellow hodlers of the BIG W.O.

That looks delish. And now I am hungry. Its 1 am so l have to sleep hungry like a peasant. Or worse. A nocoiner. Good night.

[d_eddie]

Excellent summary, fluidjax. The BCH fork is the most important issue at the moment, and your post provides useful perspective. Merited.

I thought I'd spread a little of the opinions and information I've gathered over the last few days about the BCH split.

CSW doesn't want a fork, he currently controls over 51% of the hash on BCH,

(snip)

As a BTC maximalist I want the war to go on for a long time resulting in less cash reserves for both money both Jiahn and CSW. Although the risk to BTC is well over the horizon at the moment, it is no doubt the destruction of BTC that is in both their long games, and whoever wins this hash war will be embolden to collect financial partners/investors (state sponsored?) and eventually turn on BTC.

Indeed. But old school hodlers might still save the day. Or a frictionless lighting network. Or hordes of full nodes running on lightweight machines with lightweight connections. I am hopeful.

Profit? At this pumped up fork price, I think the only direction for the price is downwards.
Unless one of them capitulates which I don't think is very likely, their will be many large  re-orgs and a major loss in confidence by BCH's holders and users,  exchanges won't allow trading until things settle down, but how long could that be?

I hope exchanges keep bch on their books at least until I close my short with a yuuuge profit 

[Syke]

On my end, I'm still looking to dump another $1M USD worth of BTC before December 31st, and praying we see a nice bounce above $10k before then.

Not holding out much hope though. Might just have to dump $1M at whatever price for... reasons.

[El duderino_]

^
yeah it can be a TRAP but personal reasons = personal reasons
and if there's a LOCKED end date then thats it 

everybody got there own shit to deal with thats just a fact so lets hope for A BIG AS F*** PUMP for bob....

gonna call it a very early saturday night to turn myself into my HODLcave.....   (almost back sobered up and all....)

[El duderino_]

via Imgflip Meme Generator

[El duderino_]

my HODLcave

sleep tight. hodl tight

via Imgflip Meme Generator


Meanwhile @that HODLcave 

[jojo69]

[Rosewater Foundation]

*jojo tries to commit suicide by smoking a joint...He thinks about four puffs should do it

[lightfoot]

^^^ it's a pastiche of a real and big pyramid scheme going on on the face book called initiative Q
^^ have to keep them on imgur or wherever
^ afaiu Craig claims in the video with Tone and elsewhere to have more hash than Jihan? didn't really watch/also don't care

Oh is that what initiative Q is. SO what are those twinks selling?

[Biodom]

No matter how brilliant the initial paper (founder) was, the nature of humans is to bring everything to the lowest common denominator aka shitola in due course.

[Hueristic]

I think Craig Wright hasd gone insane. In the middle of his shitcoin pissing contest he decides to take on Zcrap and Fud Monero as well? What a Tool and a Fool.

He has obviously never read.






Hey JJG, I just noticed they locked the thread on your post. Ya think they were saying stfu?
/jk wrong day
https://bitcointalk.org/index.php?topic=5065375.msg47777032#msg47777032

[HairyMaclairy]

Update on 2014/18 cryptowinter model



Bob you might want to consider dollar cost averaging out starting nowish. 

[HairyMaclairy]

Bitcoin as a high value settlement system.



https://medium.com/@nic__carter/transaction-count-is-an-inferior-measure-fba2d5ac97f1?sk=c59b38988d77eb5725276a7296afb403

[Wekkel]

Bitcoin coin metrics: Cryptoasset Fundamental Analysis — 7 Indicators & Ratios to Watch by Jake Ryan https://link.medium.com/fBNL43KHKR

Conclusion: bottomed.

[Searing]

Bitcoin coin metrics: Cryptoasset Fundamental Analysis — 7 Indicators & Ratios to Watch by Jake Ryan https://link.medium.com/fBNL43KHKR

Conclusion: bottomed.

yep...but where be the newbies jumping in now for the next pump?

...dang whippersnappers...I remember 'newbies' in my day knew how to toss $$ around for dubious

ASIC equipment and were risk takers!  Gin/Fast Women and BTC!

ASIC stills in everyone's basement!

HODL'ing every dust bit of BTC they could pull off.

All this PUMP and EASY LIVING

and 18K BTC bubble bursting has 'scar'd' their little minds and they ran away.

Well, we need  a run of newbies or the

next crop of BTC in the field is gonna die on the vine!

(frigging newbies with their INTERNET games and youtube cat videos

no concept of the future and their prosperity)

double crap: I can't tell them to 'get off my BTC lawn anymore' I guess we need the a**holes now for volume.

(waves cane around wildly ..farts..sits down)

brad