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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15915. (Read 26586419 times)

legendary
Activity: 3388
Merit: 3514
born once atheist
This is all a huge conspiracy to detract from the
epic Bitcoin Gold launch!... the one and only true bitcoin!!

(That was a joke BTW.... Grin)
legendary
Activity: 1279
Merit: 1018
Its so obvious to all here that BCH pump is Ver/Wu but probably not to the average investor. Im really disillusioned atmo that a very small group can manipulate an entire market in this way.
He even announced it on twitter before the pump. "#BitcoinCash will win wider adoption than 1MB Segwit Bitoin shortly." 19 hours ago.
Possible with fake money too such as the 30 million tether that was issued a few days ago.


full member
Activity: 140
Merit: 100
As to why S2X future even has values, it's the reason that people have stated before.  That is, in order to sell your S2X future when it goes live a month ago, you need to split your coins into BT1 and BT2.  Now when that BT2 is worthless at 5 mbtc as news came out, people buy back (short cover) BT2 to re-combine with BT1 so that they can get back their original BTC and tx out of Bitfinex.  Because seriously, who would want hold BTC a minute longer than needed on Bitfinex?   Thus there is more people who want to buy back their BT2 to tx out than the losers who got rekted, but refused to realize loss, and hoped that some S2X dev will copy-paste BCH's EDA and replay-protection, so that they can at least hope for a pump later.  

When S2X future is almost worthless, you are taking counterparty risk by holding that contract and keeping your BTC on Bitfinex.
legendary
Activity: 3388
Merit: 3514
born once atheist
As most in here know, in crypto, epic pumps are always followed
by spectacular crashes. Will this be any different?
I suppose one's prediction depends on whose camp one is in....
sr. member
Activity: 1400
Merit: 347
Why BTC devs dont change the PoW so that BTC depend less from miners than now?

Why do we run BTC nodes? If we depend on miners to confirm transactions, what is the use in downloading the entire blockchain to your computer? Should not the nodes confirm those transactions too?

The impression I have is that bitcoin is being kept hostage from miners.
full member
Activity: 141
Merit: 102
Significant dump this is, it’s not going to get much worse though, surely. I hope 6k stays strong.
Set up my last buying order at 6k. Hope you are right.
legendary
Activity: 3304
Merit: 1617
#1 VIP Crypto Casino
Significant dump this is, it’s not going to get much worse though, surely. I hope 6k stays strong.
legendary
Activity: 3766
Merit: 5380
So to all you guys peeing your wittle panties:

When Btrash price is going down or not moving, you are convinced that it is total garbage.

But when Btrash price is rising, suddenly you guys think that it's the greatest thing ever, and now you are "worried" about Bitcoin?

Lizard brains are lizarding hard. There's likely a good reason your wives/girlfriends think you are utterly stupid.

Buy more bitcoin. That's all you have to do. The market will take care of the rest.
full member
Activity: 140
Merit: 100
Your posts are always well reasoned, tought-provoking and informative, LewisPirenne. I am interested in your opinion.

I don't understand very well. In your opinion, does this bearish outlook get triggered only if there is an ETH flippening during the BCH fork scope?

My gut feeling (not well thought out) is that of a simple cartel maneuver to pump BCH. The S2X might or might not have been just a diversion - I haven't figured out yet. Also, the nonzero value of S2X futures isn't clear to me. An explanation in this thread (Marcus or Torque? Can't remember) said it's the premium for early redemption of... of what? How does that fact fill in your understanding of the current situation?

Sorry, I should have been more clear about what I am saying.  

There is a joke from yesterday that the cartel is going to do a marketcap flippening of BCH to replace ETH as the 2nd largest coin in marketcap, i.e. around $25~30 billion.  But of course, it all depends on the cross rate and BTC market cap.  So if BTC keeps going down and dragging down ETH too, the flippening of BCH against ETH is made easier.  But naturally, that would be bearish as heck, since the coins that are doing all the real work and innovation, i.e. BTC and ETH, actually get over taken by some cartel of pumpers and miners.  That would disillusion a lot of people in the crypto space.
legendary
Activity: 1891
Merit: 3096
All good things to those who wait
This reminds me when Ver pumped Zcash in Poloniex to 3 200BTC and then booom!!! Back to 0.5BTC. So many people lost their money, never to get them back! Now the same is going to happen with BCH. The bigger the pump, the deeper the dump  Cool
legendary
Activity: 2604
Merit: 1748
Do you guys see BCH a treat for BTC? BCH is now $1200+, BTC took years to reach that kind of level

Ahem..  Just sayin' - but BTC was less than that a year ago.  Don't get me wrong, I am BTC through and through, but....
legendary
Activity: 3388
Merit: 3514
born once atheist
Bitcoin Crash fast becoming Bitcoin Smash!...
hero member
Activity: 1034
Merit: 558
i dont see threat from BCH at all. This is just huge pump to lure sheep money into it
full member
Activity: 141
Merit: 102
Do you guys see BCH a treat for BTC? BCH is now $1200+, BTC took years to reach that kind of level
legendary
Activity: 2520
Merit: 3038
Your posts are always well reasoned, tought-provoking and informative, LewisPirenne. I am interested in your opinion.

People are spamming the mempool with 1300 satoshi/byte tx, i.e. paying 3~5 mbtc per 225 byte standard tx, and most go to fee with only dust remaining, to lock up the tx in mempool during this BCH pump.  But BTC+BCH is actually getting lower and lower in total, meaning someone is killing that golden goose that had just kept on giving so far.

Maybe the cartel will do a flippening on ETH just for lolz.  But if some insiders can flippen ETH in marketcap just like this, then it's actually really bearish for the entire crypto world.  Because imagine what would happen when the real professional pumpers, i.e. Wall Street banksters, come on the scene.
I don't understand very well. In your opinion, does this bearish outlook get triggered only if there is an ETH flippening during the BCH fork scope?

My gut feeling (not well thought out) is that of a simple cartel maneuver to pump BCH. The S2X might or might not have been just a diversion - I haven't figured out yet. Also, the nonzero value of S2X futures isn't clear to me. An explanation in this thread (Marcus or Torque? Can't remember) said it's the premium for early redemption of... of what? How does that fact fill in your understanding of the current situation?
legendary
Activity: 3388
Merit: 3514
born once atheist
good opportunity to buy more. i dont know where the bottom will be so i'm buying 0.05 at every $300 drop Grin

JJ will be proud of you...
sr. member
Activity: 854
Merit: 307
good opportunity to buy more. i dont know where the bottom will be so i'm buying 0.05 at every $300 drop Grin

I told you so  Wink But I will wait a little longer, untill the situation with Btrash is more clear. (We ain 't seen nothing yet IMHO)
sr. member
Activity: 1400
Merit: 347
meanwhile the spam attacks continue, 100k unconfirmed tx, and jihad is tweeting about peace. fkn two faced devil
http://www.trustnodes.com/2017/11/09/can-now-accelerate-stuck-bitcoin-transaction-paying-bitcoin-cash

Quote
fees are running at around $5

Last time I paid 170k satoshis to send 0.17 to Bittrex.

Bitcoin's value at the time was around $7k, hence the fees were around $12, not $5.
full member
Activity: 141
Merit: 102
good opportunity to buy more. i dont know where the bottom will be so i'm buying 0.05 at every $300 drop Grin
legendary
Activity: 2688
Merit: 2470
$120000 in 2024 Confirmed
this is bollocks anyone who bought BTC after the bch fork will be so disillusioned . I sold mine at .2  so I'm pissed to lol
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