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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13120. (Read 26720873 times)

legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Overview shots.  All of the lines currently intersect around 12 November.   I would expect a small break upwards sometime in the interim to delay intersection into December.  



legendary
Activity: 3122
Merit: 1538
yes
Yup. Something's off  Shocked Huh
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
I copped some slight heat for calling a local bottom yesterday.  But I think the thesis still stands with a local target of $7200 - $7300.  Then pucker.  



Update - still calling for a local target of $7200, to be followed by a burning sensation.



Don't ask me, I just work here.  Target $7200.



Target still $7200 then revisit $5700.





I find this is really interesting.  I am getting a divergence on my model.  Target was $5700 but we bounced at $6100.  So why did that happen?  Is it traders trading in anticipation of the bounce?  Is there something deeper going on here?  Or is this a quick swing on the way down to $5700?  I don't know.  Historically speaking, September should be a bloody month followed by an October rally.  But it should be too early for an October rally.  So my model still calls for $5700 but the price is currently going in the other direction.  I have gotten stopped out on Eth shorts now so am stopping all trading until I figure out what is going on. 

legendary
Activity: 1806
Merit: 1828

If he has claimed that BCH is BTC, then that is news to me. Proof?


Are you being honest?  Roger has been claiming BCH is (the real) Bitcoin for about a year now.

https://twitter.com/rogerkver/status/987700520809783296?lang=en

That is not what I wrote. Claiming that BCH is bitcoin is not the same as claiming BCH is BTC.

BTC is currently Bitcoin, aye. As it is the chain built atop the Satoshi genesis block that has the most accumulated SHA256 proof of work.

It may not always be such.

As an aside, anyone that mistakes BCH for BTC had obviously not even started to do the necessary due diligence for trading in this market. I have no sympathy for anyone incurring losses on this basis.

Well, if Jihan and friends have their way, BCH will never have the most accumulated SHA256 work. They are hinting around that they want to decrease the block times to 1 minute and perhaps implement POS.
https://www.reddit.com/r/btc/comments/99lj14/jihan_wu_pos_is_important_pow_is_flawed_rbitcoin/
If BCH goes POS, it will never be bitcoin, sorry. Better hope that Jihan's ass gets kicked in come November.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!

If he has claimed that BCH is BTC, then that is news to me. Proof?


Are you being honest?  Roger has been claiming BCH is (the real) Bitcoin for about a year now.

https://twitter.com/rogerkver/status/987700520809783296?lang=en

That is not what I wrote. Claiming that BCH is bitcoin is not the same as claiming BCH is BTC.

BTC is currently Bitcoin, aye. As it is the chain built atop the Satoshi genesis block that has the most accumulated SHA256 proof of work.

It may not always be such.

As an aside, anyone that mistakes BCH for BTC had obviously not even started to do the necessary due diligence for trading in this market. I have no sympathy for anyone incurring losses on this basis.

This seems very dishonest to me.


Quote
Roger has tried to trick others into buying Bcash when saying it's bitcoin. He also has spent money to do spam attacks on bitcoin.

If he has claimed that BCH is BTC, then that is news to me. Proof?

-Roger claims BCH is bitcoin.  
-The person you quotes says Roger claims Bcash is Bitcoin.

Both of those statements are true.  The only difference is what you call Bitcoin Cash.

You changed it to Roger claiming BCH is BTC, which is sort of silly.  Obviously BCH!=BTC.  Two different things.  But Roger believes BCH/Bcash/Bitcoin Cash is Bitcoin.

Your rebuttal is sidestepping, and changing the argument.  And changing it in a stupid way.
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
I can’t be bothered arguing with Jbear about bcash lol.  It’s much too nice a day for that.  

Well, something to agree upon.

https://imgur.com/gallery/LK3cT7z
full member
Activity: 462
Merit: 100

If he has claimed that BCH is BTC, then that is news to me. Proof?


Are you being honest?  Roger has been claiming BCH is (the real) Bitcoin for about a year now.
I am even being more specific when he had bitcoin.com shilling out Bcash wallets and linking Bcash under Bitcoin and BTC under Bitcoin core and he stopped when groups were getting lawyers involved.

BCASH could only be better if Roger just let it free. Roger use it for himself, to be more influential but Satoshi gave BTC to us.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
80F here and not a cloud in the sky
legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist
Sorry for stupid question maybe..

Is any similar topic to this one about altcoins and their news?
I like this very active topic format (something similar even with chat) but sometimes want to discuss alts also

The Monero speculation thread is similiar, I think. Also, several regular posters here post there as well.

As for a general alt speculation thread - no, AFAIK. Similar threads have been attempted, but they just turn into an endless stream of shilling.
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight

If he has claimed that BCH is BTC, then that is news to me. Proof?


Are you being honest?  Roger has been claiming BCH is (the real) Bitcoin for about a year now.

https://twitter.com/rogerkver/status/987700520809783296?lang=en

That is not what I wrote. Claiming that BCH is bitcoin is not the same as claiming BCH is BTC.

BTC is currently Bitcoin, aye. As it is the chain built atop the Satoshi genesis block that has the most accumulated SHA256 proof of work.

It may not always be such.

As an aside, anyone that mistakes BCH for BTC had obviously not even started to do the necessary due diligence for trading in this market. I have no sympathy for anyone incurring losses on this basis.
legendary
Activity: 1806
Merit: 1828
I can’t be bothered arguing with Jbear about bcash lol.  It’s much too nice a day for that.  

Meh, it's the middle of September. It should not be 90 F at this time of year.  Angry I used to love September weather.  Not anymore. Or maybe I am remembering it all wrong. Huh
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
I can’t be bothered arguing with Jbear about bcash lol.  It’s much too nice a day for that.  
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
I was off on a remote island for a week with no Internet. I come back to the WO thread and see talk about bcash?

::le sigh::

And once again, it was not I that started the topic. JJG posed a direct query to me regarding my BCH holdings. I simply answered truthfully. At which point, keyboard warriors jumped into the fray. I added some clarifying counterpoint. At which point, everyone wanted to dive into the action.

Including, manifestly, yourself.
legendary
Activity: 1806
Merit: 1828

If he has claimed that BCH is BTC, then that is news to me. Proof?


Are you being honest?  Roger has been claiming BCH is (the real) Bitcoin for about a year now.

Yes, all one needs to do is go to his twitter feed. Here is a recent tweet of his. https://twitter.com/rogerkver/status/1039175734726680582 Pretty convincing evidence for me that when he is referring to Bitcoin, he means BCH and when he is referring to BTC, he calls it Bitcoin core.

And we already know his feeling on when people call BCH  bcash....
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
Really I wouldn't expect that from you. Bcash was so obviously being propped up by Bitmain, Roger and Craig that I expected nothing to come from it once Bitmain stopped their losses.

I don't much give a damnn what Bitmain, Roger, and Craig do.* For my part, BCH has the properties that made bitcoin great to begin with. Scaling in a logical fashion, and free of the Segwit virus. From my perspective, it is simply technically better than BTC. Hopefully, the world will awaken to this.

* Well, I hope they keep mining it. Though, the DAA allows for drops in hashpower to be relative non events.**

** Unlike BTC, which lacks this safeguard.
I for one much prefer the virus of segwit rather than the cancer or Jihan and Roger. I wouldn't make debatable transaction methods a hill to die on especially with leaders like that.

They are not leaders, so much as fellow travelers.

They each likely own several times the BTC that you own as well. Does this mean you are going to abandon BTC?

Didn't think so.

Some consistency, please.

Here's one of your deft retorical tricks.

haha. Deft rhetorical trick, hunh? No trick. Just a point of argument.

Roger, at least during the pre fork days, and arguably still, may have done more to drive the adoption of bitcoin than anyone else. Jihan is unavoidably the source of the majority of hashpower for both the BCH and the BTC forks. You are unable to impugn BCH for having these people in prominent roles without also impugning BTC. To try to do so is logically invalid.

Quote
You see, it's not about how much BTC or BCH some guys have.

What is this 'it' of which you speak?

Quote
It's more about the BTC/BCH ratio. Or the history behind.

Well, which one?
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!

If he has claimed that BCH is BTC, then that is news to me. Proof?


Are you being honest?  Roger has been claiming BCH is (the real) Bitcoin for about a year now.

https://twitter.com/rogerkver/status/987700520809783296?lang=en
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
You are really making the argument that Roger is not the leader of Bitcoincash?

Absolutely. Roger is not the leader of bitcoin cash. In a permissionless, decentralized, uncensorable system, there can be no leader. Kind of Bitcoin 101, that.

If you can show me an organizational hierarchy, with proof of orders being issued from above, and obeyed below, then you might have a claim about a leader. But you cannot. So you don't.

Quote
Roger has tried to trick others into buying Bcash when saying it's bitcoin. He also has spent money to do spam attacks on bitcoin.

If he has claimed that BCH is BTC, then that is news to me. Proof?

Quote
He met with the mining giant and had them only accept Bcash (most likely as essentially blackmail due to asicboost.

By the mining giant, do you mean Jihan? Are you claiming that Jihan matches to Roger's orders? Jihan has no choice but to follow Roger's edicts? Some supporting evidence would help your assertion here. Whaddayagot?
legendary
Activity: 1806
Merit: 1828
Relative hashrate.



I wonder if the hash for BCH is low enough, yet; to allow using Nicehash to implement a 51% attack?
 Let's see, current SHA256 on Nicehash is a little over 520 PHash. Current hash on BCH is almost 3 Ehash. Too bad.  Cry
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
Some good meme material/templates right here.

https://twitter.com/StopAndDecrypt/status/1040596902310502401



Don’t worry bcashers jbreher gonna pump the price back up
Meanwhile downgrade of resto .... chickenhouse en house-wines  Grin
Cheers weekend and weekendPUMP Common  Roll Eyes
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Relative hashrate.

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