Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16005.

Heater

sr. member

Activity: 406

Merit: 361

Quote from: madbyte on November 07, 2017, 10:48:52 PM

Quote from: Heater on November 07, 2017, 08:39:53 PM

I am thinking the price is going to skyrocket in the next few days:
- There is a lot of cash on the exchanges right now, everyone is waiting to buy the dip that will never happen due to the support from genuine new demand
- A lot of people want to get their coins off the exchanges before the fork & before the exchanges freeze transfers - so that they control the private keys to both sides of the fork - coins on exchanges are going to be in very short supply at the time of the fork
- If there is a significant loss of hash power blocks could take up to 50 mins - this would slow down the resupply of coins on the exchanges. The price will be jaw dropping once we are past the fork but there are no bitcoins to be found anywhere.

Sorry for all the people waiting for the dip to $2k - it ain't going to happen.

Not sure how people even think $2k is even possible anymore. By end of 2017 btc will have hit at least 10k once.

The biggest wall on Bitstamp is at $2k ~$8m

Edit:

Rosewater Foundation

sr. member

Activity: 392

Merit: 254

gwoplock

full member

Activity: 173

Merit: 108

Quote from: arklan on November 07, 2017, 08:48:38 PM

Quote from: Heater on November 07, 2017, 08:39:53 PM

I thinking the price is going to skyrocket in the next few days:
- There is a lot of cash on the exchanges right now, everyone is waiting to buy the dip that will never happen due to the support from genuine new demand
- A lot of people want to get their coins off the exchanges before the fork & before the exchanges freeze transfers - so that they control the private keys to both sides of the fork - coins on exchanges are going to be in very short supply at the time of the fork
- If there is a significant loss of hash power blocks could take up to 50 mins - this would slow down the resupply of coins on the exchanges. The price will be jaw dropping once we are past the fork but there are no bitcoins to be found anywhere.

Sorry for all the people waiting for the dip to $2k - it ain't going to happen.

Now that it's a scenario I can see happening.

I never thought about that. I do think there will be a lot of selling before the fork, so exchanges could have coins due to that.

madbyte

member

Activity: 144

Merit: 10

A coin saved is a coin earned. Get another today!

Quote from: Heater on November 07, 2017, 08:39:53 PM

I am thinking the price is going to skyrocket in the next few days:
- There is a lot of cash on the exchanges right now, everyone is waiting to buy the dip that will never happen due to the support from genuine new demand
- A lot of people want to get their coins off the exchanges before the fork & before the exchanges freeze transfers - so that they control the private keys to both sides of the fork - coins on exchanges are going to be in very short supply at the time of the fork
- If there is a significant loss of hash power blocks could take up to 50 mins - this would slow down the resupply of coins on the exchanges. The price will be jaw dropping once we are past the fork but there are no bitcoins to be found anywhere.

Sorry for all the people waiting for the dip to $2k - it ain't going to happen.

Not sure how people even think $2k is even possible anymore. By end of 2017 btc will have hit at least 10k once.

lightfoot

legendary

Activity: 3220

Merit: 2334

I fix broken miners. And make holes in teeth :-)

Back to 7350 or so. Yawn.

Rosewater Foundation

sr. member

Activity: 392

Merit: 254

Quote from: nanobtc on November 07, 2017, 10:23:30 PM

Quote from: Torque on November 07, 2017, 08:19:24 PM

Were you around when Linux was first taking off in the early 2000s? Literally, fly-by-night shoddy companies were popping up everywhere with their own proprietary Linux kernel versions and their own flavors of Linux. Everyone claiming to be the "one true Linux" and trying to take over the core Linux dev team. FUD about Linus Torvalds dev team was constantly flying, chaos was everywhere. HP, Microsoft and Apple were scared shitless, and eventually lost the server market (but sort of "won" the desktop).

All the late comers and crap devs/hacks eventually failed. Open Source Linux kernel eventually reigned supreme.

I don't see all this Bitcoin fork crap as any different. History repeats.

Yes, I was. I erased my last FAT32 partitions for Redhat in 1999. Remember the Santa Clara Operation (SCO Linux)? The lawsuit with Novell? It was pretty much the last gasps of the old school trying to compete with the new.

Sort of like now.

Bizcoin supporter detected? This is exactly something Jeff Garzik would say. hmm

jbreher

legendary

Activity: 3080

Merit: 1688

lose: unfind ... loose: untight

Quote from: Paashaas on November 07, 2017, 01:34:21 PM

Also, dont listen to Jbreher, he just a bigblocker who loves centralization while copy pasting all kind of stuff.

Well, that is just a funny assertion.

I'll admit to being a 'bigblocker', whatever that is (when S1X can consume 4MB for 1MB worth of transactions, is that a 'bigblocker'? somehow no).

But 'loves centralization'? Make the case - put up or shut up. For you are wrong.

'Copy pasting'? I challenge you to find a handful of sentences I have copy pasted. Really, fuckface* - find the evidence and post it.

* stated in the most loving manner. Well, the most deserving of someone who randomly asserts false crap about me. Fuckface.

nanobtc

hero member

Activity: 605

Merit: 634

Quote from: Torque on November 07, 2017, 08:19:24 PM

Were you around when Linux was first taking off in the early 2000s? Literally, fly-by-night shoddy companies were popping up everywhere with their own proprietary Linux kernel versions and their own flavors of Linux. Everyone claiming to be the "one true Linux" and trying to take over the core Linux dev team. FUD about Linus Torvalds dev team was constantly flying, chaos was everywhere. HP, Microsoft and Apple were scared shitless, and eventually lost the server market (but sort of "won" the desktop).

All the late comers and crap devs/hacks eventually failed. Open Source Linux kernel eventually reigned supreme.

I don't see all this Bitcoin fork crap as any different. History repeats.

Yes, I was. I erased my last FAT32 partitions for Redhat in 1999. Remember the Santa Clara Operation (SCO Linux)? The lawsuit with Novell? It was pretty much the last gasps of the old school trying to compete with the new.

Sort of like now.

Rosewater Foundation

sr. member

Activity: 392

Merit: 254

Quote from: marcus_of_augustus on November 07, 2017, 08:41:34 PM

https://techcrunch.com/2017/11/07/a-major-vulnerability-has-frozen-hundreds-of-millions-of-dollars-of-ethereum/?ncid=mobilenavtrend

Quote

One high-profile company impacted is Polkadot, a project to link private-public blockchains that raised over $140 million in a token sale and was started by Parity co-founder Gavin Wood. Polkadot confirmed its wallets have been frozen and TechCrunch understands that 60 percent of its ICO raise is potentially affected.

I guess in this instance the dog is getting to eat his own vomit ...

The new Constantinople upgrade should unfreeze these funds. Too bad, having that many tokens off the market could have been bullish for them; were it not for the meddling of their pesky benevolent dictator.

ragnar0k

full member

Activity: 154

Merit: 101

Quote from: Heater on November 07, 2017, 08:44:36 PM

Quote from: bitcoinPsycho on November 07, 2017, 02:03:36 PM

looking at the 2 hour optimism chart it very clear to me that we're going up again an should hit $7300 in the next few hours(also go litecoin go)

How the hell are you making these perfect predictions???

Seriously dude, I need your crystal ball for lambo purposes.

Paashaas

legendary

Activity: 3620

Merit: 4813

Quote from: AlexGR on November 07, 2017, 07:36:04 PM

Quote from: Rosewater Foundation on November 07, 2017, 07:33:05 PM

derp really is cyclical.
Some mustard-head just accidentally locked $180m in ETH in a buggy Parity multi-sig wallet.

https://www.reddit.com/r/btc/comments/7bdlv6/a_kid_just_accidentally_nuked_180m_poking_around/

Comment a bit below Cheesy

Quote

07/Nov/2017 @VitalikButerin on brink of second bailout for dumb contracts

LOL?

I'm not suprised to see this happening. ETH looks great on paper but is a huge mess.

Rootstock and simplicity offers a much more solid smart contracts solution. Rootstock comes to Bitcoin after the 2x shitshow is over.

arklan

legendary

Activity: 1778

Merit: 1008

Quote from: Heater on November 07, 2017, 08:39:53 PM

I thinking the price is going to skyrocket in the next few days:
- There is a lot of cash on the exchanges right now, everyone is waiting to buy the dip that will never happen due to the support from genuine new demand
- A lot of people want to get their coins off the exchanges before the fork & before the exchanges freeze transfers - so that they control the private keys to both sides of the fork - coins on exchanges are going to be in very short supply at the time of the fork
- If there is a significant loss of hash power blocks could take up to 50 mins - this would slow down the resupply of coins on the exchanges. The price will be jaw dropping once we are past the fork but there are no bitcoins to be found anywhere.

Sorry for all the people waiting for the dip to $2k - it ain't going to happen.

Now that it's a scenario I can see happening.

Heater

sr. member

Activity: 406

Merit: 361

Quote from: Heater on November 07, 2017, 08:44:36 PM

Quote from: bitcoinPsycho on November 07, 2017, 02:03:36 PM

looking at the 2 hour optimism chart it very clear to me that we're going up again an should hit $7300 in the next few hours(also go litecoin go)

How the hell are you making these perfect predictions???

7300 Confirmed!

Heater

sr. member

Activity: 406

Merit: 361

Quote from: bitcoinPsycho on November 07, 2017, 02:03:36 PM

looking at the 2 hour optimism chart it very clear to me that we're going up again an should hit $7300 in the next few hours(also go litecoin go)

How the hell are you making these perfect predictions???

marcus_of_augustus

legendary

Activity: 3920

Merit: 2349

Eadem mutata resurgo

https://techcrunch.com/2017/11/07/a-major-vulnerability-has-frozen-hundreds-of-millions-of-dollars-of-ethereum/?ncid=mobilenavtrend

Quote

One high-profile company impacted is Polkadot, a project to link private-public blockchains that raised over $140 million in a token sale and was started by Parity co-founder Gavin Wood. Polkadot confirmed its wallets have been frozen and TechCrunch understands that 60 percent of its ICO raise is potentially affected.

I guess in this instance the dog is getting to eat his own vomit ...

Heater

sr. member

Activity: 406

Merit: 361

I am thinking the price is going to skyrocket in the next few days:
- There is a lot of cash on the exchanges right now, everyone is waiting to buy the dip that will never happen due to the support from genuine new demand
- A lot of people want to get their coins off the exchanges before the fork & before the exchanges freeze transfers - so that they control the private keys to both sides of the fork - coins on exchanges are going to be in very short supply at the time of the fork
- If there is a significant loss of hash power blocks could take up to 50 mins - this would slow down the resupply of coins on the exchanges. The price will be jaw dropping once we are past the fork but there are no bitcoins to be found anywhere.

Sorry for all the people waiting for the dip to $2k - it ain't going to happen.

Vin

legendary

Activity: 1166

Merit: 1015

Quote from: bitcoinPsycho on November 07, 2017, 08:25:43 PM

Quote from: Odalv on November 07, 2017, 07:09:42 PM

Quote from: ?? on ??

Quote from: bitcoinPsycho on November 07, 2017, 02:03:36 PM

looking at the 2 hour optimism chart it very clear to me that we're going up again an should hit $7300 in the next few hours(also go litecoin go)

$8k USD/BTC by end of November.

$12k will not surprise me

bring it on

Attack!

bitcoinPsycho

legendary

Activity: 2688

Merit: 2470

$120000 in 2024 Confirmed

Quote from: Odalv on November 07, 2017, 07:09:42 PM

Quote from: ?? on ??

Quote from: bitcoinPsycho on November 07, 2017, 02:03:36 PM

looking at the 2 hour optimism chart it very clear to me that we're going up again an should hit $7300 in the next few hours(also go litecoin go)

$8k USD/BTC by end of November.

$12k will not surprise me

bring it on

AlexGR

legendary

Activity: 1708

Merit: 1049

Quote from: Heater on November 07, 2017, 08:10:29 PM

I just watched this video where Jimmy Song says 2018 will be the year of the Bitcoin fork, similar to how 2017 was the year of the ICO.

The only problem is, after the SWx2 fork I don't see any more forks on the horizon.

What we need is a service like https://build-a-co.in/ to make it easier for any noob to create a Bitcoin fork. The user would only need to enter a name and desired start date. It would generate everything you need - a wallet app, a professional looking promotional website, announcement thread, Reddit forum, twitter account, emails to the major exchanges to get them on board - you know - all the usual bells and whistles.

It's obvious from the Bitcoin Gold attempt that these guys need some help.

Why call them bitcoin forks and not ...altcoins. I mean after dogecoin it was all about the altcoin boom. It's just that after tampering with the parameters, they also changed the "brand". There are plenty of altcoin generators for this kind of stuff.

As for Bitcoin Gold, well:

-BCH launched and changed one thing: The difficulty adjustment. The one thing they changed, is broken and has to be forked again to fix it...
-Segwit 2x is absolutely reckless and irresponsible: No replay protection...
-Bitcoin Gold guys wanted to add but don't even know how to build a replay protection...

Who in their right mind would even care for this type of crap? BTC has plenty of good devs to support it as it moves forward. The other coins are amateur-ish (at best). And that's why BTC will be king...

Torque

legendary

Activity: 3780

Merit: 5429

Quote from: Heater on November 07, 2017, 08:10:29 PM

I just watched this video where Jimmy Song says 2018 will be the year of the Bitcoin fork, similar to how 2017 was the year of the ICO.

The only problem is, after the SWx2 fork I don't see any more forks on the horizon.

What we need is a service like https://build-a-co.in/ to make it easier for any noob to create a Bitcoin fork. The user would only need to enter a name and desired start date. It would generate everything you need - a wallet app, a professional looking promotional website, announcement thread, Reddit forum, twitter account, emails to the major exchanges to get them on board - you know - all the usual bells and whistles.

It's obvious from the Bitcoin Gold attempt that these guys need some help.

Were you around when Linux was first taking off in the early 2000s? Literally, fly-by-night shoddy companies were popping up everywhere with their own proprietary Linux kernel versions and their own flavors of Linux. Everyone claiming to be the "one true Linux" and trying to take over the core Linux dev team. FUD about Linus Torvalds dev team was constantly flying, chaos was everywhere. HP, Microsoft and Apple were scared shitless, and eventually lost the server market (but sort of "won" the desktop).

All the late comers and crap devs/hacks eventually failed. Open Source Linux kernel eventually reigned supreme.

I don't see all this Bitcoin fork crap as any different. History repeats.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16005. (Read 26706724 times)