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

[jbreher]

What plans are there for block explorers and electrum wallets for the new forks? The SV and ABC websites only seem to offer qt wallets. I can't find anything for everyday people, only stuff for miners and full node hosters.

Hmm. I thought the core narrative was that everyone should run a fully-validating non-mining wallet (often mistakenly called 'full nodes'). No? Say it isn't so!

That said, any means of holding private keys is fine. Paper, text files, Electron Cash (though the new changes did not come from Jonald - due diligence is in order), etc. If even holding your keys is too burdensome for you, Poloniex, Binance, and others are there to fill the gap.

Personally, I have private keys stashed in a number of mechanisms. And have no need to 'cash out', as it were. I'll just manage the keys until such time I find it advantageous to split them.

As far as active funds... I'll be pulling my standing sell orders from Coinbase ahead of tomorrow's deadline. They have stated they are 'implementing' the fork, but they so far refuse to say if they will award t- BCH holders with both (or all) forks at t+. Meanwhile, such orders remain, harvesting the volatility.

[jbreher]

Jihan exactly knows how much hashpower they do have in total.

::*ahem!*:: Speculation based solely upon allegations not yet entered into evidence. By what mechanism do you think Jihan knows their total hash power?

[JayJuanGee]

Is it correct to assume that when mtgox users get their refund next summer and sell their bitcoins, then the price of bitcoin could get its biggest drop in its history?

Why would MT Gox coin recipients sell their BTC if the BTC price has already been going down?  Shouldn't they wait for the BTC price to go back up before they sell?

Likely your presumption(s) have not been sufficiently fleshed out to actually understand either BTC dynamics or BTC HODLer behaviors.

[El duderino_]

almost time to crawl into the HODLcave

some of the fine gentleman in here....... be that dog

[JayJuanGee]

What happened? I thought you people were bitcoins first line of defense? Why are you all sleeping on the job?

Every general knows that you do not engage your old guard in mere skirmishes. They are deployed best in the heat of a real battle.

INDEED..!!!!!!!!! Wait for it.. Wait for it..!!! I have all my bags awaiting for the 45-4800 level.. Praying those get fill up asap.. !!!!! 

You might get lucky with the $4800 or maybe even a bit lower than that, but the further you go down, the less likely, and even seeming NOT to be very likely, especially anything below $3k.  But what do I know?  especially regarding the future.

[JayJuanGee]

We're old school HODLers here.  These drops have no effect on us anymore.  We were here when one btc could be exchanged for <100 federally backed tokens.  We'll still be here when one btc  doesn't need to be exchanged for federally backed tokens at all.  We'll just use them to buy things when all other currencies are worthless.  And if we want to do so secretly we'll atomically swap them for Monero first. Nothing to see here.  Carry on.

I wish I was as impervious as you seem to be.  Of course I'm new to crypto, and don't have the HODL stash that most of you have, and I didn't buy any of my stash below $6k.

However, the only regret I have today is that I blew my BTFD wad last week.  

You should never blow the whole wadd... either on the BTC end nor on the dollar end.  Perhaps, lesson learned?

[yefi]

R3 was (or is) a blockchain firm started in 2014.

Some more info http://fortune.com/2018/06/07/blockchain-firm-r3-is-running-out-of-money-sources-say/

Good. They deserve it. They can take their "Bitcoin is the past, Corda is the future" to their grave.

[bitserve]

Jihan exactly knows how much hashpower they do have in total.

::*ahem!*:: Speculation based solely upon allegations not yet entered into evidence. By what mechanism do you think Jihan knows their total hash power?

Craig Wright said they bought the machines from Jihan and it was the majority of Bitmain sales during Q1. I assume Jihan knows how much they sold and its combined hashpower.

[El duderino_]

BULLISH and REVERSAL = nice sound
know just let it be

but the price is going to do whatever it needs to do, and no one can't fight that.  What must happen, always happens. It is all part of the narrative.

[LFC_Bitcoin]

Dr Craig S Wright @ProfFaustus
Well. In 2017 I said there was a MAJOR issue with SegWit.
In mid to late 2019, I will explain it.
It cannot be removed. It cannot be fixed. It is not solvable and, you cannot work around it.

I am not a man prone to violence, but when I see outright blatant lies like this, I really want to clock that fart-huffer square across his moisturized cheek-bone.

I take some solace in knowing this lunacy will likely come to some sort of conclusion, within the next 48-72 hours.

I was panicking a bit earlier, haven’t felt like that since 2014. My nerves have settled now & I’m looking forward to seeing BCH & its shitfork suffer in the coming weeks/days. Their shit show can’t go on for too much longer, right?

And I did BTFD

[Spaceman_Spiff_Original]

So I would not become too self-congratulatory and smug if I were you

Good advice. I will probably eat dirt on the next trade.

I had been waiting for a long long time to put on a sizeable leveraged short if it went under the trendline at 6050-6100 or so, thinking it would go very fast all of a sudden, yet when the moment came... I just didn't. I just sold a little and then I thought, I will wait for a little while now, best not to make any rash decisions all of a sudden...  It continues to baffle me how my mind can play tricks on me.  Now I am left wondering why I didn't carry out my plan...

[HI-TEC99]

Dr Craig S Wright @ProfFaustus
Well. In 2017 I said there was a MAJOR issue with SegWit.
In mid to late 2019, I will explain it.
It cannot be removed. It cannot be fixed. It is not solvable and, you cannot work around it.

I am not a man prone to violence, but when I see outright blatant lies like this, I really want to clock that fart-huffer square across his moisturized cheek-bone.

I take some solace in knowing this lunacy will likely come to some sort of conclusion, within the next 48-72 hours.

I was panicking a bit earlier, haven’t felt like that since 2014. My nerves have settled now & I’m looking forward to seeing BCH & its shitfork suffer in the coming weeks/days. Their shit show can’t go on for too much longer, right?

And I did BTFD

Craig Wright's bullshit gave me a brief moment of panic until I remembered his broken promise to move coins from an early block to prove he's Satoshi. He's told massive lies before, and he'll keep doing it. He didn't keep his proving he's Satoshi promise, and likewise he won't keep his destroying Bitcoin promise because he can't.

[fabiorem]

Here is the true bottom:

[JayJuanGee]

Craig Wright is tweeting literally every 10 minutes tonight


Dr Craig S Wright @ProfFaustus
Well. In 2017 I said there was a MAJOR issue with SegWit.

In mid to late 2019, I will explain it.

It cannot be removed. It cannot be fixed. It is not solvable and, you cannot work around it.

Sorry. You allowed Core to kill BTC.

I did try and stop you.

He wants to stay relevant until mid to late 2019...

and remember that Wright has a bitcoin trust (called tulip trust) that comes available on January 1, 2020... hahahaha.. .yeah right... craig wright attempting to maintain relevance... yes, ongoing attempts.

[JayJuanGee]

Can't wait until BCash SV gets forked. Wonder what they'll name it?

Bitcoin Cash.

which would result in bcash squared. amirite?  or maybe bcash2x? 

or could be bcash, bcash?  That would be catchy.   

[LFC_Bitcoin]

JJG, you’re on fucking fire today

[serveria.com]

JJG, you’re on fucking fire today

These modern drugs do wonders you know... unlike good ol' alcohol n weed... 

[El duderino_]

All shits going crazy and on top of that XRP back second place

The world’s gone mad

[Morecoin Freeman]

What's the deal with the hats? Everyone has this avatar nowadays?

[jbreher]

Jihan exactly knows how much hashpower they do have in total.

::*ahem!*:: Speculation based solely upon allegations not yet entered into evidence. By what mechanism do you think Jihan knows their total hash power?

Craig Wright said they bought the machines from Jihan and it was the majority of Bitmain sales during Q1. I assume Jihan knows how much they sold and its combined hashpower.

Did he say that that was all the hashpower they acquired? Or merely that they acquired the majority of Bitmain's Q1 output? Two different things.