Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15908. (Read 26586484 times)
November 11, 2017, 08:02:58 PM
bch hash rate and price, in btc terms, has been at these levels before. why is everyone crapping themselves this time more than last time?
November 11, 2017, 08:02:15 PM
In other news, talk about a purge of bad actors:
http://www.middleeasteye.net/news/exclusive-senior-figures-tortured-and-beaten-saudi-purge-1489501498
http://www.middleeasteye.net/news/exclusive-senior-figures-tortured-and-beaten-saudi-purge-1489501498
That may help those bitches to think again about bitcoin. If they diversified into it now they could still have something instead of being suddenly destitute (and BTC capitalization would be at least an order of magnitude greater).
https://www.cryptocoinsnews.com/bitcoin-bashing-saudi-prince-alwaleed-arrested-money-laundering/
November 11, 2017, 07:51:47 PM
November 10th was the last adjustment (btc). Because of the slower block times now, its 19 days until the next with a current estimate of -24%. So expect the battle to continue until then at least and it could get worse as BCH is much more profitable to mine atmo. When does BCH retarget though?
Since BCH is in supersonic mode right now, the difficulty will probably go up 4x, sometime tomorrow, or early Monday. However, the magical mystery miners may not attempt to stop mining to enact the EDA since the new retarget algo will come on the 13th anyway.
https://www.bitcoinabc.org/november
Starting on the 13th, just after 7:06 pm, BCH will change difficulty every single block. This should stop the profit switching. We will see if any miners, besides the two magical mystery miners, will stick around. I suspect they will all just go back to mining BTC and Wu's two farms will mine BCH all by their lonesome with a sprinkle of other miners who mine BCH just because they hate Core.
November 11, 2017, 07:51:06 PM
ok enough small talk. when is the madness going to end? when do they fork broken clone coin again?
November 11, 2017, 07:45:24 PM
Unless significant hash power leaves all at once, no effect. On that note when is the next retargeting, most likely that's when they'll act
The thing is nobody is using BCH, their blocks are empty. But let's say that a significant amount of hashing power leaves for good (80% or so) and the users of bitcoin flee because of slow block times for the week or 2 before a difficulty adjustment. Why would they go to bitcoin cash, when they can go to other better and more established alts.
This BCH pump is being driven by only the few whales who support it. Their egos have got to them, they think they are smart, and only make correct moves because they are rich and successful. Because of these egos they believe that if they just build it (pumping the price) everyone will flock to them, its delusional, and borderline sociopathic. They are kind of like the leaders of small cult, the literally think they are gods and can do no wrong.
Delusional? Sociopathic... Small cult? Rotflmao
The ones with the egos should have been humble and they know who they are.
The ppl with the hash will decide...
https://fork.lol/pow/hashrate
November 11, 2017, 07:34:40 PM
In other news, talk about a purge of bad actors:
http://www.middleeasteye.net/news/exclusive-senior-figures-tortured-and-beaten-saudi-purge-1489501498
http://www.middleeasteye.net/news/exclusive-senior-figures-tortured-and-beaten-saudi-purge-1489501498
November 11, 2017, 07:23:05 PM
If I had sold some more than I did in the 7K now I would stack some bids between 4.5K and 6K. I expected a strong correction since the high 5K in October so this is nothing yet for the moment. But it's to be seen if the huge backlog in the mempool persists thanks to the ongoing spam attack and the halving of hashing power could start a panic as the bitches hope.
I wonder how much an effect the lowering of hashing power will have. let's face it, most people who buy btc do so to hold it, and the hash rate has no effect on transfering fiat to the exchanges to buy btc. I don't think slower blocks matter at all, might actually slow down the selling it it slows people from transfering from cold storage to the exchange.
edit:
and this confirms that BCH is a totally fake pump:
and this confirms that BCH is a totally fake pump:
sure does
Unless significant hash power leaves all at once, no effect. On that note when is the next retargeting, most likely that's when they'll act
November 10th was the last adjustment (btc). Because of the slower block times now, its 19 days until the next with a current estimate of -24%. So expect the battle to continue until then at least and it could get worse as BCH is much more profitable to mine atmo. When does BCH retarget though?
November 11, 2017, 07:13:56 PM
Unless significant hash power leaves all at once, no effect. On that note when is the next retargeting, most likely that's when they'll act
The thing is nobody is using BCH, their blocks are empty. But let's say that a significant amount of hashing power leaves for good (80% or so) and the users of bitcoin flee because of slow block times for the week or 2 before a difficulty adjustment. Why would they go to bitcoin cash, when they can go to other better and more established alts.
This BCH pump is being driven by only the few whales who support it. Their egos have got to them, they think they are smart, and only make correct moves because they are rich and successful. Because of these egos they believe that if they just build it (pumping the price) everyone will flock to them, its delusional, and borderline sociopathic. They are kind of like the leaders of small cult, the literally think they are gods and can do no wrong.
November 11, 2017, 07:00:27 PM
If I had sold some more than I did in the 7K now I would stack some bids between 4.5K and 6K. I expected a strong correction since the high 5K in October so this is nothing yet for the moment. But it's to be seen if the huge backlog in the mempool persists thanks to the ongoing spam attack and the halving of hashing power could start a panic as the bitches hope.
I wonder how much an effect the lowering of hashing power will have. let's face it, most people who buy btc do so to hold it, and the hash rate has no effect on transfering fiat to the exchanges to buy btc. I don't think slower blocks matter at all, might actually slow down the selling it it slows people from transfering from cold storage to the exchange.
edit:
and this confirms that BCH is a totally fake pump:
and this confirms that BCH is a totally fake pump:
sure does
Unless significant hash power leaves all at once, no effect. On that note when is the next retargeting, most likely that's when they'll act
November 11, 2017, 06:42:51 PM
If I had sold some more than I did in the 7K now I would stack some bids between 4.5K and 6K. I expected a strong correction since the high 5K in October so this is nothing yet for the moment. But it's to be seen if the huge backlog in the mempool persists thanks to the ongoing spam attack and the halving of hashing power could start a panic as the bitches hope.
I wonder how much an effect the lowering of hashing power will have. let's face it, most people who buy btc do so to hold it, and the hash rate has no effect on transfering fiat to the exchanges to buy btc. I don't think slower blocks matter at all, might actually slow down the selling it it slows people from transfering from cold storage to the exchange.
edit:
and this confirms that BCH is a totally fake pump:
and this confirms that BCH is a totally fake pump:
sure does
November 11, 2017, 06:38:11 PM
here's something to warm the cockles of your heart. just got a call from my real estate guy. i assumed i'd have to explain the forkings to him, or the correction.
nope. thats like development for normals. they don't know and greenly don't care. he just wanted to know how to buy them and not get scammed. apt, and true story.
yeah westerners just wanna buy btc safely. poor old Koreans getting scammed by the crash peoplenope. thats like development for normals. they don't know and greenly don't care. he just wanted to know how to buy them and not get scammed. apt, and true story.
update
"I have a very hard time to make a purchase. It sells in very small fractions."
I need a new real estate guy
November 11, 2017, 06:20:30 PM
Monday is going to be the start of an interesting week
If I had sold some more than I did in the 7K now I would stack some bids between 4.5K and 6K. I expected a strong correction since the high 5K in October so this is nothing yet for the moment. But it's to be seen if the huge backlog in the mempool persists thanks to the ongoing spam attack and the halving of hashing power could start a panic as the bitches hope.
edit:
and this confirms that BCH is a totally fake pump:
November 11, 2017, 06:14:28 PM
One side will be wiped out.
No, this is more like a total war.There will be radioactivity and fallout falling on scorched cryptolandSuch drama.
If Bitcoin would be fatally hurt by all this, it would not have survived anyway.
It’s called the Honey Badger and that is a feature, not a bug.
November 11, 2017, 06:03:04 PM
good day for lazy both-holders. sometimes when you lose you win. or some shit.
November 11, 2017, 05:57:55 PM
Monday is going to be the start of an interesting week, I think the btc drop will end on Monday as money comes back into exchanges and everyone starts buying themselves some cheap btc.
Its obvious that Roger Ver and Co are pumping on the weekend because of the low volumes, I guess they know that they don't have enough financial firepower to do it during the week. The thing I really like about all this though is that Roger Ver's btc stack is quickly diminishing, soon he will have little to none left. Another whale will then have vanicshed from btc meaning less manipulation, Yay!.
Nobody is using BCH, just look at the transactions included in the blocks, bugger all there. Bch is a speculation coin, the only use it gets is on the exchanges.
Its obvious that Roger Ver and Co are pumping on the weekend because of the low volumes, I guess they know that they don't have enough financial firepower to do it during the week. The thing I really like about all this though is that Roger Ver's btc stack is quickly diminishing, soon he will have little to none left. Another whale will then have vanicshed from btc meaning less manipulation, Yay!.
Nobody is using BCH, just look at the transactions included in the blocks, bugger all there. Bch is a speculation coin, the only use it gets is on the exchanges.
November 11, 2017, 05:50:54 PM
here's something to warm the cockles of your heart. just got a call from my real estate guy. i assumed i'd have to explain the forkings to him, or the correction.
nope. thats like development for normals. they don't know and greenly don't care. he just wanted to know how to buy them and not get scammed. apt, and true story.
yeah westerners just wanna buy btc safely. poor old Koreans getting scammed by the crash peoplenope. thats like development for normals. they don't know and greenly don't care. he just wanted to know how to buy them and not get scammed. apt, and true story.
November 11, 2017, 05:39:48 PM
here's something to warm the cockles of your heart. just got a call from my real estate guy. i assumed i'd have to explain the forkings to him, or the correction.
nope. thats like development for normals. they don't know and greenly don't care. he just wanted to know how to buy them and not get scammed. apt, and true story.
nope. thats like development for normals. they don't know and greenly don't care. he just wanted to know how to buy them and not get scammed. apt, and true story.
November 11, 2017, 05:30:11 PM
November 11, 2017, 05:15:25 PM
that bear at the picnic table is having an
epic "told you so" moment......
epic "told you so" moment......
Well, I'll try to be gracious. It's a big table. Come join me.
Frankly, I still expect another dive in BCH price at some time. We're not outta the woods. If nothing else, we have the upcoming Coinbase dump on the horizon. But long term? Yeah... world-making. The One True Bitcoin.
Haha. BCH=1337.xx. In this moment, I am leet.
The only practical use of BCH, apart from trading, is buying Chinese mining equipment.
BCH is capable of every use case that Bitcoin Segwit is capable of. Plus many more.
Truth be told, I'm bullish on Bitcoin Segwit too. I'm just much bullishier on Bitcoin Cash.
Wait...is "bullishier" a word ?
Disclaimer: I have no clue what I'm talking about
No you are right. Its just - more bullish.
I misread Bolshier at first, which is something different again and made me think of bolshevik blood hounds??
November 11, 2017, 05:06:23 PM
anyway,it will be time to buy cheap BTC 
. I will rather go down with the bitcoin ship than into bitcash
. I will rather go down with the bitcoin ship than into bitcash+1. And I hope that all of you got your Bitcore (BTX) from their airdrop on BTC holders. Still a better fork than BitCH from every angle.
If not, you're still in time to buy them on the cheap.
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