Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 12724. (Read 26714021 times)

legendary
Activity: 1652
Merit: 4393
Be a bank
Who likes my BTC keyring Grin

Only cheap from Amazon, I think it’s cool any way Smiley


impressive in many ways
legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist
I think you are way past cracked out. I like Monero as well. But I have no delusions of it being anything near closer to satoshi's vision. Make the case for me?

It's hard to have "digital cash" without fungibility.

So if I can read between the lines, you are claiming that the fact that bitcoin is merely pseudonymous makes it absolutely non-fungible, and thereby absolutely useless as digital cash?

Yes, mostly useless. What do you think?
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
Or "He ... still actually has a bunch of mining capacity hidden away somewhere."

Oh. Would you look at that. Turns out that he did.
legendary
Activity: 2520
Merit: 3038
I believe we've now reached yearly lows.

Congrats. Bull market starts tomorrow.  Wink
...or next week, after the dust settles.
It will be an interesting 2019, gentlemen.
legendary
Activity: 2688
Merit: 2470
$120000 in 2024 Confirmed
I blame Bcash 

Umm... Ooohkaaay....

You blame Bcash for what?

The present state of the crypto markets . Bcash is rotten to the core. No pun intended of course
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
I think you are way past cracked out. I like Monero as well. But I have no delusions of it being anything near closer to satoshi's vision. Make the case for me?

It's hard to have "digital cash" without fungibility.

So if I can read between the lines, you are claiming that the fact that bitcoin is merely pseudonymous makes it absolutely non-fungible, and thereby absolutely useless as digital cash?
hero member
Activity: 1624
Merit: 645
So all of this crash was because 2 guys and some more are fighting on twitter over hash power? Ridiculous market.

This is crypto. Hash power is The Power.

"They vote with their CPU power, expressing their acceptance of valid blocks by working on extending them and rejecting invalid blocks by refusing to work on them. Any needed rules and incentives can be enforced with this consensus mechanism."

- SN, Bitcoin: A Peer-to-Peer Electronic Cash System

So much for decentralization.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
I blame Bcash 

Umm... Ooohkaaay....

You blame Bcash for what?

Manipulating the physical silver market
hero member
Activity: 1358
Merit: 834
Whatever they do the exchanges will still call it Bcash ABC or whatever. They might think they're ditching the bcash name, but they're stuck with it.

Haha. You funny guy.

None of the exchanges that matter call Bitcoin Cash 'BCash'. What makes you think they'll start now? Proof of Social Media?
Please excuse me while I write up a highly non-technical whitepaper with no shortage of meaningless buzzwords.
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
I blame Bcash 

Umm... Ooohkaaay....

You blame Bcash for what?
legendary
Activity: 1303
Merit: 1681
a Cray can run an endless loop in under 4 hours
$300 $350 premium between bitfinex and bitmex.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
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.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
legendary
Activity: 2772
Merit: 2846
Whatever they do the exchanges will still call it Bcash ABC or whatever. They might think they're ditching the bcash name, but they're stuck with it.

Haha. You funny guy.

None of the exchanges that matter call Bitcoin Cash 'BCash'. What makes you think they'll start now? Proof of Social Media?

I know yobit calls it Bitcoin Cash, but exchanges that matter like cryptopia call it BCash.
legendary
Activity: 2833
Merit: 1851
In order to dump coins one must have coins
Uncle Craig is about to dump bitcoin to $1k!
https://twitter.com/ProfFaustus/status/1062751765601361923



At least he's a nice guy, wishing us all a nice day.


A nice day for mass suicides.


What he really was trying to say is that miners should avoid mining BCH or else... DOOM?  Grin Grin Grin WTF?

Anyhow, I see lots of cheap coins, stock up gentlemen and get ready for the inevitable launch soon  Cool



Just gonna leave this here

If anything I see the BCH fork as bullish for bitcoin. People are presumably going to either cash out their shit fork coin to fiat or/and convert it to bitcoin.

I think we’ll see the bitcoin price go up on the day or a few days after their fork.

Well bcashABC and bcashSV is a closed system, so them exchanging their alts for each other, from the outside, is a zero sum game. Now the big question is inflow/outflow from the outside capital. Do you expect the loosing side just simply watch as they're loosing or do you think they'll try to put up defense and prop up their side? Both sides have their reserves in BTC, so i don't think it's unrealistic to expect them to burn through their BTC stashes to support their side. That's why after the fork the sum value of both chains is usually higher than the initial chain, as both sides brought in outside capital to prop up their visions. I think CSW already proved that he's willing to burn money on hash rate when mining his useless chain, and i don't believe he's a complete idiot, so he'd also need to prop up the value of his chain at some peg as well. But i believe that was already going on as both sides were planning for this and have been gradually cashing out their BTC in preparations for this event. Thats why BTC has been trading sideways for last few months.

But in any case this is good news for BTC, the more those geniuses reduce their BTC stashes fighting each other the more irrelevant they become to BTC.

tl;dr  maybe a bit more short term sell pressure on BTC while both sides deplete their BTC reserves in the last battles of the bcash war

Translation he underestimated ABC's power and over estimated his. Now he needs to burn more BTC than he expected to prop up SV. Any day CSW cashes out of BTC is a good day!
hero member
Activity: 1358
Merit: 834
So all of this crash was because 2 guys and some more are fighting on twitter over hash power? Ridiculous market.

Its the same impact as a president tweeting something about any company.

But there is a difference from 1 company and a whole international 24/7 market, isn't it? Plus these are supposed to be currencies. It's ridiculous.
One company's stocks are (often, but not always) an international near 24/7 market.
legendary
Activity: 1652
Merit: 4393
Be a bank
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
So all of this crash was because 2 guys and some more are fighting on twitter over hash power? Ridiculous market.

This is crypto. Hash power is The Power.

"They vote with their CPU power, expressing their acceptance of valid blocks by working on extending them and rejecting invalid blocks by refusing to work on them. Any needed rules and incentives can be enforced with this consensus mechanism."

- SN, Bitcoin: A Peer-to-Peer Electronic Cash System
legendary
Activity: 2492
Merit: 1230
Privacy Servers. Since 2009.
this could get ugly


When’s the exact time of this shit fork?


a little less than 24 hours... as I type but of course, I am responding to a post from 3 hours ago...... so that substance might not be too timely.

https://cash.coin.dance/

Why do you guys care about some shitcoins and their shitforks? Those guys are enjoying too much attention! Just ignore them, their social media accounts and their shitwars!  Grin
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
this could get ugly


When’s the exact time of this shit fork?


a little less than 24 hours... as I type but of course, I am responding to a post from 3 hours ago...... so that substance might not be too timely.

https://cash.coin.dance/
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