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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15968. (Read 26583142 times)

sr. member
Activity: 643
Merit: 264


Don't forget your helmet gentlemens, it will minimize the impact with the ground .. probably
sr. member
Activity: 1204
Merit: 293
"Be Your Own Bank"
__________________________

" The Italian Bitcoin community, while still growing in size and partially “scattered” around the world, proudly includes some very important international actors, such as one of the oldest operating Bitcoin exchanges, one of the most advanced Bitcoin wallets, the two leading startups on blockchain notarization and smart oracles, examples of impressive local adoption like the “Bitcoin Valley”, the first organized lobbying group at EU institutions, one of the most important R&D laboratories, one of the most relevant Bitcoin Meetups in Europe, and so on.

On October 20th, BHB Network published its official statement against the so-called “Segwit 2X” contentious fork of the Bitcoin network, which has been presented during the 46th Bitcoin Milan Meetup. With the present document, other important members of the Italian Bitcoin community decided to share the same position, reaffirming their complete opposition to every attempt to change the Bitcoin protocol in a rushed, irresponsible, and contentious way, political in its nature and without any technological motivation.

The opposition is especially strong against any action of this kind that could cause huge inconveniences for service providers and serious confusion for users, potentially leading to financial losses: unilateral attempts to appropriate Bitcoin name, logo or “ticker”, attempts to mislead light-clients and SPV wallets on alternative networks not explicitly chosen by them, attempts to launch new coins in a way which leave users vulnerable to “replay attacks” or address format confusion, attempts to attack the network with a temporary hashing-power majority in order to create disruptive reorgs or to slow down the normal activity".

newbie
Activity: 79
Merit: 0
Not that I could argue with spongebob, but the thing is a good idea, we are a bit underestimating it, according to myself Smiley
But apparently the dump is actually due to a prince in saudi arabia saying something bad?!?
http://www.zerohedge.com/news/2017-10-23/bitcoin-tumbles-after-saudi-prince-calls-crypto-enron-making

This just might cause it to tumble like it has.
AM I right? Roll Eyes
You're about 2 weeks late on that.
How about this one?
Any better? Undecided
nice support at 7000, we are back on track Cheesy
lol
let's just hope we wont go at 6500 Undecided

It is a dress rehearsal, will go down to 5000 € very fast.
Yes.
Due to this stupid Canadian company -

http://business.financialpost.com/pmn/business-pmn/cryptocurrency-fund-nextblock-scraps-plans-to-go-public-underwriter-withdraws

Them and the greed has had them sell their souls to the devil.
legendary
Activity: 1464
Merit: 1136

Not that I could argue with spongebob, but the thing is a good idea, we are a bit underestimating it, according to myself Smiley
But apparently the dump is actually due to a prince in saudi arabia saying something bad?!?
http://www.zerohedge.com/news/2017-10-23/bitcoin-tumbles-after-saudi-prince-calls-crypto-enron-making

This just might cause it to tumble like it has.
AM I right? Roll Eyes
You're about 2 weeks late on that.
sr. member
Activity: 854
Merit: 307

Not that I could argue with spongebob, but the thing is a good idea, we are a bit underestimating it, according to myself Smiley
But apparently the dump is actually due to a prince in saudi arabia saying something bad?!?
http://www.zerohedge.com/news/2017-10-23/bitcoin-tumbles-after-saudi-prince-calls-crypto-enron-making

This just might cause it to tumble like it has.
AM I right? Roll Eyes

The prince already left the scene... .
sr. member
Activity: 854
Merit: 307
nice support at 7000, we are back on track Cheesy
lol
let's just hope we wont go at 6500 Undecided

It is a dress rehearsal, will go down to 5000 € very fast.
In that case is all good cuz i have some fiat left to buy more  Tongue

Watch close, set your orders ready, it will be a very small window (between now and Nov. 10). I expected this, but it seems to come early... . Not ready mobilising the fiat.
Why I think this : look at the transactions, selling at round numbers, that is not experienced people selling... .
newbie
Activity: 79
Merit: 0
Not that I could argue with spongebob, but the thing is a good idea, we are a bit underestimating it, according to myself Smiley
But apparently the dump is actually due to a prince in saudi arabia saying something bad?!?
http://www.zerohedge.com/news/2017-10-23/bitcoin-tumbles-after-saudi-prince-calls-crypto-enron-making

This just might cause it to tumble like it has.
AM I right? Roll Eyes
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
legendary
Activity: 1464
Merit: 1136
My bet is we see 6200-6300 with at least 1 bounce before that.  Not sure after that but 4500-5K is still in play.
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
So, I have talked a little bit more with Coinomi about the upcoming fork to clear things up.
Here's what I have so far.

They will support both chains after the fork.
Bitcoin will still be called bitcoin and still be on the legacy chain.
They will  implement replay protection for SW2X on their wallets.
You will be able to claim your SW2x coins.

Sounds good to me, I will keep my coins there during the fork.

Thanks for the tips man!

You have any idea about the possible precautions that should be taken in order to get the new coins too?
Will it be something automatical? I know I was really angry to have lost my new shiny coins after last fork simply because I didn't respect the process for my electrum wallet... That's really a shame to know you've lost 10% of easy money like that Cry

This is how you get your Electrum coins.

https://bitcointalksearch.org/topic/how-to-get-bitcoin-cash-from-many-walletsoftwareservices-with-coinomi-2062488

1. Extract your private keys for your pre-fork BTC coins by following the appropriate steps in the list of providers below.

- Electrum
1) Open the menu "View" and click on "Show Addresses"
2) Then open the new tab "Addresses"
3) Right-click on the addresses that had Bitcoin before the fork, then click "Private key".
4) Click on the qrcode icon to show it.

Now that you got your private key(s) for the address(es) that contained BTC prior to the fork of August 1st:

2. Create a BCH wallet in coinomi.

3. Click on .../Sweep Wallet and paste or scan the BTC private key that you obtained in step 1.

Your forked coins should now appear in your Coinomi BCH wallet
newbie
Activity: 28
Merit: 0
looks like Bitcoin core is draining all the money out before segwit2x ...
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
full member
Activity: 260
Merit: 129
It's a little laggy on bitfinex but I saw a 100+ bids BTC wall aaaaaand it's gone. Don't know if it's a bear trap, I can't predict BTC price :p
full member
Activity: 141
Merit: 102
nice support at 7000, we are back on track Cheesy
lol
let's just hope we wont go at 6500 Undecided

It is a dress rehearsal, will go down to 5000 € very fast.
In that case is all good cuz i have some fiat left to buy more  Tongue
hero member
Activity: 703
Merit: 502
Well sheeit.

Was nice knowing you, $7,000 USD/BTC. Hope to see you again soon.

Oh my god bitcoin might go down to $4K or even maybe $2K, it must be dead 💀 /s
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas

When I was a valet I was driving someone's corvette out of the parking garage. The dumbass in front of me had to back up for some reason, the parking gate was right behind me and I had to back up so the gate was just above the trunk. People were honking, pointing at me and I'm like...I fit.

When I got the car to the lady and stepped out she started freaking out. "What did you do to my antenna!?!".

oops
sr. member
Activity: 854
Merit: 307
nice support at 7000, we are back on track Cheesy
lol
let's just hope we wont go at 6500 Undecided

It is a dress rehearsal, will go down to 5000 € very fast.
full member
Activity: 141
Merit: 102
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
So, I have talked a little bit more with Coinomi about the upcoming fork to clear things up.
Here's what I have so far.

They will support both chains after the fork.
Bitcoin will still be called bitcoin and still be on the legacy chain.
They will  implement replay protection for SW2X on their wallets.
You will be able to claim your SW2x coins.

Sounds good to me, I will keep my coins there during the fork.

Thanks for the tips man!

You have any idea about the possible precautions that should be taken in order to get the new coins too?
Will it be something automatical? I know I was really angry to have lost my new shiny coins after last fork simply because I didn't respect the process for my electrum wallet... That's really a shame to know you've lost 10% of easy money like that Cry

I don't know for sure, but I suppose it will be the same procedure as last time.

https://medium.com/@coinomi/collecting-your-free-bitcoin-cash-coins-44fcc6008bb6

BTW, if you had coins on Electrum during the bitcoin cash fork you can get them by following the steps in the link above.
They may not be lost.
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