Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 13552. (Read 26717412 times)

legendary
Activity: 3276
Merit: 2442
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.

legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
legendary
Activity: 1806
Merit: 1828
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.  Cheesy HODL
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
27% of England’s Male Millennials Say Bitcoin Better Investment Than Property

Millennials Turning from Traditional Investments and Toward Crypto

let them  Grin

I have two properties (nothing amazing, one house & 1 apartment) but I HODL more in bitcoin than their combined value ($ worth) so I guess I fall under that category.
full member
Activity: 266
Merit: 222
Deb Rah Von Doom



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.
member
Activity: 120
Merit: 10
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.


Ultimately these poor shills just want to see their BTrash appreciate in value and resorted to shilling. Well, good luck to them, they chose the wrong altcoin. They should have chosen Key coin, it

appreciated 300% today, instead of the trash BCash.
legendary
Activity: 1303
Merit: 1681
a Cray can run an endless loop in under 4 hours
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.
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
Quote
Dr. Peter Rizun - Bitcoin Unlimited (www.bitcoinunlimited.info)

bCASH fan says segwit isn't secure. How surprising.




AGAIN !!, nothing more nothing less
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Peter Rizun has about as much credibility as Dorian Nakamoto
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
27% of England’s Male Millennials Say Bitcoin Better Investment Than Property

Millennials Turning from Traditional Investments and Toward Crypto

let them  Grin
legendary
Activity: 1596
Merit: 1061
Smile
Quote
Dr. Peter Rizun - Bitcoin Unlimited (www.bitcoinunlimited.info)

bCASH fan says segwit isn't secure. How surprising.

but their right
legendary
Activity: 3276
Merit: 2442
Quote
Dr. Peter Rizun - Bitcoin Unlimited (www.bitcoinunlimited.info)

bCASH fan says segwit isn't secure. How surprising.
sr. member
Activity: 392
Merit: 254
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.
legendary
Activity: 1596
Merit: 1061
Smile
Discussing security problems is not shilling. This is childish.


Yes it is

How long is a piece of string

Always a threat

Always a false flag

if only it was corruption

legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
i look at it this way: i am a long time holder. i have an amount of btc i wish to protect. there is a very small, but non zero, chance i could lose btc stored in a segwit address. and all i have to do to mitigate that risk is store my long term btc in a legacy address. well thats a no brainer to me. after all my long term coins rarely move and segwit has no real advantage for long term holders.

i do have segwit coins, those are the ones i move back and forth to exchanges, use to buy stuff etc, IOW the day to day coins. the bulk of my coins are legacy. i get the best of both worlds: cheap fees on the daily driver segwit coins, better security for the legacy hodl coins. so whats the problem?

EDIT: here is an interesting read.. its what happened to a bunch of segwit coins on a chain that does not support segwit coins. happened on the bcash side but does illustrate what can happen (well, kinda, i think. maybe its not).

https://np.reddit.com/r/Bitcoin/comments/7eixcu/recovering_bch_sent_to_segwit_addresses/

EDIT 2: i don not do bcash, i sold that crap off.

There seems to be nothing wrong with what you are doing, but there still could be a bit of an issue to not support segwit for long term storage, merely based on very low odds of an attack (as you mentioned).  I already mentioned to others  that trolls seem to be striving to get you to NOT use segwit.. and you might play into their hands, perhaps?

Regarding sending bcash to a bitcoin segwit address.
1) Bcash does not use segwit and your link seems to describe some possible problems with bcash, not bitcoin, 2) bcash forked before segwit got implemented and activated into bitcoin  3) bcash continued to use the same addresses for preforked coins.. and then used addresses that look like bitcoin legacy addresses (which could cause confusion), but I don't see what the bcash problem is because they should not be able to use segwit addresses (since they did not implement segwit)...   but yeah, there could be an issue with bcash getting sent to any bitcoin address, whether legacy address or a segwit address.

im not sure what you mean (point 0?). what disadvantage do i have by storing btc in a legacy address? i will pay a higher fee when i move them at some point and i accept that. but im no worried about it; i tend to move fairly largish amounts (fairly largish to me anyway) at a time and generally im not in a hurry so usually i chose the smallest fee and dont care if it takes days to confirm. its a small percentage compared to the amount i move. for fast transactions i use segwit coins ive set aside for daily driver type stuff.

so how is that playing into anyones hand?

as for point 1, as i mentioned it may not apply except for illustrating how the underlying segwit "spend to anyone" can be exploited. which is admittedly a very small risk, but a risk nonetheless. risk is risk. if it cost basically nothing to eliminate it, why would i not do so?

i guess it boils down to why i would go out of my way to use segwit addys for long term hodl?
legendary
Activity: 2268
Merit: 1278
Discussing security problems is not shilling. This is childish.
Discussing security problems while twisting names and calling shitcoins bitcoin is.

Do you disagree with anything technical that has been posted in the last few days?
legendary
Activity: 3276
Merit: 2442
sr. member
Activity: 1176
Merit: 286
my new bottom call

2250

i agree with you...this pump is a signal that another dump coming soon
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Discussing security problems is not shilling. This is childish.

It is shilling if it is exaggerated beyond reason... and it is shilling if it has an effect to cause bitcoin holders to take precautionary measures based on purposefully caused fear rather than reason.
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Correct! And that is real Bitcoin, not this Core scam altcoin shit. Again I have no objection to Core making a fork of Bitcoin or even a soft fork as they have done, but the scam part is they do not disclose the true security risks and just herd the n00bs into default wallet settings wherein the n00bs think they are hodling real Bitcoin but they are instead hodling a soft fork altcoin that can in the future be hardforked off of the real Bitcoin.[/size]

I read through the rest of your post, and you are not really adding anything new.. just continued repetition, speculation and mischaracterization...including your characterization of the current bitcoin as an alt coin... pure nonsense.  Our current bitcoin is operating as a product of consensus... so it is not an alt coin as you nonsensically assert.

i look at it this way: i am a long time holder. i have an amount of btc i wish to protect. there is a very small, but non zero, chance i could lose btc stored in a segwit address. and all i have to do to mitigate that risk is store my long term btc in a legacy address. well thats a no brainer to me. after all my long term coins rarely move and segwit has no real advantage for long term holders.

i do have segwit coins, those are the ones i move back and forth to exchanges, use to buy stuff etc, IOW the day to day coins. the bulk of my coins are legacy. i get the best of both worlds: cheap fees on the daily driver segwit coins, better security for the legacy hodl coins. so whats the problem?

EDIT: here is an interesting read.. its what happened to a bunch of segwit coins on a chain that does not support segwit coins. happened on the bcash side but does illustrate what can happen (well, kinda, i think. maybe its not).

https://np.reddit.com/r/Bitcoin/comments/7eixcu/recovering_bch_sent_to_segwit_addresses/

EDIT 2: i don not do bcash, i sold that crap off.

There seems to be nothing wrong with what you are doing, but there still could be a bit of an issue to not support segwit for long term storage, merely based on very low odds of an attack (as you mentioned).  I already mentioned to others  that trolls seem to be striving to get you to NOT use segwit.. and you might play into their hands, perhaps?

Regarding sending bcash to a bitcoin segwit address.
1) Bcash does not use segwit and your link seems to describe some possible problems with bcash, not bitcoin, 2) bcash forked before segwit got implemented and activated into bitcoin  3) bcash continued to use the same addresses for preforked coins.. and then used addresses that look like bitcoin legacy addresses (which could cause confusion), but I don't see what the bcash problem is because they should not be able to use segwit addresses (since they did not implement segwit)...   but yeah, there could be an issue with bcash getting sent to any bitcoin address, whether legacy address or a segwit address.
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