Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16080.

gentlemand

legendary

Activity: 2604

Merit: 3056

Welt Am Draht

Quote from: julian071 on November 08, 2017, 08:26:50 AM

It's in that piece that ivomm posted.

https://cointelegraph.com/news/segwit2x-hard-fork-could-have-devastating-consequences-for-bitcoin

Shit article with moronic assumptions.

As with all of these things they assume miners are one mass who have nefarious plans. In reality they all have a mountain of bills to pay and zero interest in rocking the boat apart from a few maniacs who'll be drowned out anyway.

They can flirt and play with BCH safe in the knowledge they have BTC to run back to. That's not the case if they start fucking with the daddy chain.

vroom

legendary

Activity: 1303

Merit: 1681

a Cray can run an endless loop in under 4 hours

Quote from: Torque on November 08, 2017, 08:27:41 AM

Quote from: Ludwig Von on November 08, 2017, 07:47:12 AM

Quote from: Torque on November 08, 2017, 07:37:57 AM

Quote from: fabiorem on November 08, 2017, 07:33:31 AM

They want to tame a honey badger.

https://www.coindesk.com/cme-groups-leo-melamed-well-tame-bitcoin/

All I ask is they pump it to 10X or 20X first, lol. Tongue

First they (their customers) gonna get screwed badly by honey badger and then they gonna complain to have the FED-SEC and the rest of the so called regulators to impose
regulations = destroy price discovery on the exchanges. And we might very well end in the same deplorable position as GLD.

Could happen, but I'm not sure what can be done. I don't think they should be allowed to settle in cash, bitcoin should be required for settlement. Perhaps this will expose the need for full transparency in trades/settlement. This gives me some hope:

Quote

"Core members of the independent oversight committee responsible for overseeing the scope of the Bitcoin Reference Rate by developing a code of conduct for participants and reviewing the practice, standards and definition of the reference rate, includes the CME’s Gavin Lee and Payal Lakhani, independent expert Andreas M. Antonopoulos, Max Boonen, B2C2, Professor William J. Knottenbelt of Imperial College London, Michael Moro, Genesis Global Trading, and Dr. Timo Schlaefer."

Also, the physical PM market seems to be not giving a crap about where the paper price is going. I've seen physical dealers not budging on $1300+/oz for gold and $17+/oz for silver.

I don't understand this cash settled bitcoin futures. Is not this just a bet on the price? For me it seems that CME is not even required to buy a single bitcoin. They just need to pay some cash if someone bets on the correct price. can someone please clarify that for me?

Torque

legendary

Activity: 3794

Merit: 5474

Quote from: Ludwig Von on November 08, 2017, 07:47:12 AM

Quote from: Torque on November 08, 2017, 07:37:57 AM

Quote from: fabiorem on November 08, 2017, 07:33:31 AM

They want to tame a honey badger.

https://www.coindesk.com/cme-groups-leo-melamed-well-tame-bitcoin/

All I ask is they pump it to 10X or 20X first, lol. Tongue

First they (their customers) gonna get screwed badly by honey badger and then they gonna complain to have the FED-SEC and the rest of the so called regulators to impose
regulations = destroy price discovery on the exchanges. And we might very well end in the same deplorable position as GLD.

Could happen, but I'm not sure what can be done about it. I don't think they should be allowed to settle in cash, bitcoin should be required for settlement. Perhaps this will expose the need for full transparency in trades/settlement. This gives me some hope:

Quote

"Core members of the independent oversight committee responsible for overseeing the scope of the Bitcoin Reference Rate by developing a code of conduct for participants and reviewing the practice, standards and definition of the reference rate, includes the CME’s Gavin Lee and Payal Lakhani, independent expert Andreas M. Antonopoulos, Max Boonen, B2C2, Professor William J. Knottenbelt of Imperial College London, Michael Moro, Genesis Global Trading, and Dr. Timo Schlaefer."

Also, the physical PM market seems to be not giving a crap about where the paper price is going. I've seen physical dealers not budging on $1300+/oz for gold and $17+/oz for silver.

julian071

hero member

Activity: 1133

Merit: 819

Quote from: rjclarke2000 on November 08, 2017, 08:24:31 AM

Surely hodling through all this is the best thing.

I mean, you'll have both coins.

I personally can't see 2x taking over at all. BUT in the freak occurrence it does you'll have both anyway.

If anyone is that worried just don't dump anything at all.

See how all this plays out.

Can someone tell me why 2x will succeed??

It's in that piece that ivomm posted.

https://cointelegraph.com/news/segwit2x-hard-fork-could-have-devastating-consequences-for-bitcoin

rjclarke2000

legendary

Activity: 1358

Merit: 1016

Surely hodling through all this is the best thing.

I mean, you'll have both coins.

I personally can't see 2x taking over at all. BUT in the freak occurrence it does you'll have both anyway.

If anyone is that worried just don't dump anything at all.

See how all this plays out.

Can someone tell me why 2x will succeed??

Ludwig Von

sr. member

Activity: 854

Merit: 307

Quote from: Torque on November 08, 2017, 07:37:57 AM

Quote from: fabiorem on November 08, 2017, 07:33:31 AM

They want to tame a honey badger.

https://www.coindesk.com/cme-groups-leo-melamed-well-tame-bitcoin/

All I ask is they pump it to 10X or 20X first, lol. Tongue

First they (their customers) gonna get screwed badly by honey badger and then they gonna complain to have the FED-SEC and the rest of the so called regulators to impose
regulations = destroy price discovery on the exchanges. And we might very well end in the same deplorable position as GLD.

ivomm

legendary

Activity: 1891

Merit: 3096

All good things to those who wait

https://cointelegraph.com/news/segwit2x-hard-fork-could-have-devastating-consequences-for-bitcoin

I am still wondering whether the risk of hodling through the fork is worth the nerves Undecided

JayJuanGee

legendary

Activity: 3962

Merit: 11519

Self-Custody is a right. Say no to"Non-custodial"

Quote from: rjclarke2000 on November 08, 2017, 06:35:50 AM

I personally don't give a shit about buying things with it or transactions speeds, big blocks etc and I bet all the big money thinks the same.

I appreciate this part of your latest mindset RJC.

Something like this:

I think x

BIG money thinks x

I am BIG _____ x .

I am sorry to announce that probabilities are now greater that you will be hanging up your daily work head gear to ponder piña coladas approximately 18.4786% sooner than previously estimated (I threw in a percentage to trick you into reading my post... Tongue

).

Torque

legendary

Activity: 3794

Merit: 5474

Quote from: fabiorem on November 08, 2017, 07:33:31 AM

They want to tame a honey badger.

https://www.coindesk.com/cme-groups-leo-melamed-well-tame-bitcoin/

All I ask is they pump it to 10X or 20X first, lol. Tongue

fabiorem

sr. member

Activity: 1400

Merit: 347

They want to tame a honey badger.

https://www.coindesk.com/cme-groups-leo-melamed-well-tame-bitcoin/

Last of the V8s

legendary

Activity: 1652

Merit: 4393

Be a bank

Quote from: LewisPirenne on November 08, 2017, 06:30:00 AM

Quote from: Last of the V8s on November 08, 2017, 05:03:16 AM

http://www.bbc.com/news/world-41904102
Paradise Papers: Why offshore business is turned down
sloppy BBC is sloppy. history!=news

If anything, Panama Papers and Paradise Papers show that linking BTC with terrorism funding and drug trade are pure FUD. The elites moved $10 trillions+ and hide them around the world with FIAT and all are done "legally" within the legal framework.

That being said, I still have nothing but the highest respect for the Sassoon family. Being able to survive the Spanish Inquisition and Ottoman rule, made a fortune in Opium Wars, and still retain their peerage and fortune in the British upper crust, this is nothing short of a miracle. I am sure that Baron Sassoon, being the previous head of G7 task force on Money Laundering, would not have done anything untoward.

lol. lovely restraint.

JayJuanGee

legendary

Activity: 3962

Merit: 11519

Self-Custody is a right. Say no to"Non-custodial"

Quote from: analyzing on November 08, 2017, 05:08:22 AM

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)

what will be price after SegWit2x , i believe price will fall between 4000~4500 USD

Why you focusing on the down? Does that make any sense?

Currently we are going up, and you are referring to down. Seems kind of irrelevant, no?

Another way of making my point is that the amount of down is going to depend, in part, on the amount of up. If we are currently at the top, that is different from whether we get a top above $8k or a top above $12k or a top above $20k, then after we reach the top, then the topic of the correction would thereafter become more relevant and easier to answer. I am thinking that your $4k to $4500 correction is possible, but it also a bit of wishful thinking. Hopefully, you have enough coins to enjoy the upwards before the downwards, instead of focusing on something that seems to be a low probability speculation and might not happen at all.

Heater

sr. member

Activity: 406

Merit: 361

Quote from: rjclarke2000 on November 08, 2017, 06:45:53 AM

Carolina?

Not yet - I think the Rosewater Foundation just placed another one of their smaller buy orders. The big one is still to come.

Ludwig Von

sr. member

Activity: 854

Merit: 307

Quote from: AlcoHoDL on November 08, 2017, 06:43:09 AM

I've just transferred 10k € to Kraken to buy some more BTC, and now we're Choo-Choo'ing...

WTF?

Ha, you made the wheels come off again ? Wink

bitcoinPsycho

legendary

Activity: 2688

Merit: 2470

$120000 in 2024 Confirmed

Quote from: rjclarke2000 on November 08, 2017, 06:35:50 AM

Quote from: bitcoinPsycho on November 08, 2017, 05:30:32 AM

Quote from: rjclarke2000 on November 08, 2017, 05:22:27 AM

Quote from: analyzing on November 08, 2017, 05:08:22 AM

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)

what will be price after SegWit2x , i believe price will fall between 4000~4500 USD

I think we are all in agreement there will be a drop. I think it'll be short lived.

I for one will sell my segwit 2x and bump up my bitcoin stash.(once safe to do so)

If more people think like me then everyone bumping up there stash by 5%-20% depending on b2x price then surely the price will go up right?

Just look at the charts beginning of August of this year and I'm expecting something g similar. But then again what the fuck do I know.

I'm not going to dump aa quick as I did bch. most exchanges are taking 2x more seriously.to hard to call for me

What is good about segwit 2x? I really can't see it.

The good things about bitcoin is there is no one person responsible for it. It can't be stopped.

It's used now to hold as an investment. I personally don't give a shit about buying things with it or transactions speeds, big blocks etc and I bet all the big money thinks the same.

I'm not as into the whole technology like some of you guys here. For me it's an investment. 99% of the people buying btc are the same. Do you think Richard Branson buys his coffee with btc?

Again, what the fuck do I know. I'll give you a clue. Not much.

I'm with you. I work for Branson lol . he's done a lot for bitcoin's validity
go bitcoin go etc....

rjclarke2000

legendary

Activity: 1358

Merit: 1016

Carolina?

AlcoHoDL

legendary

Activity: 2590

Merit: 4839

Addicted to HoDLing!

I've just transferred 10k € to Kraken to buy some more BTC, and now we're Choo-Choo'ing...

WTF?

Phil_S

legendary

Activity: 2145

Merit: 1660

We choose to go to the moon

Are we heading back to 7500 ?

rjclarke2000

legendary

Activity: 1358

Merit: 1016

Quote from: bitcoinPsycho on November 08, 2017, 05:30:32 AM

Quote from: rjclarke2000 on November 08, 2017, 05:22:27 AM

Quote from: analyzing on November 08, 2017, 05:08:22 AM

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)

what will be price after SegWit2x , i believe price will fall between 4000~4500 USD

I think we are all in agreement there will be a drop. I think it'll be short lived.

I for one will sell my segwit 2x and bump up my bitcoin stash.(once safe to do so)

If more people think like me then everyone bumping up there stash by 5%-20% depending on b2x price then surely the price will go up right?

Just look at the charts beginning of August of this year and I'm expecting something g similar. But then again what the fuck do I know.

I'm not going to dump aa quick as I did bch. most exchanges are taking 2x more seriously.to hard to call for me

What is good about segwit 2x? I really can't see it.

The good things about bitcoin is there is no one person responsible for it. It can't be stopped.

It's used now to hold as an investment. I personally don't give a shit about buying things with it or transactions speeds, big blocks etc and I bet all the big money thinks the same.

I'm not as into the whole technology like some of you guys here. For me it's an investment. 99% of the people buying btc are the same. Do you think Richard Branson buys his coffee with btc?

Again, what the fuck do I know. I'll give you a clue. Not much.

LewisPirenne

full member

Activity: 140

Merit: 100

Quote from: Last of the V8s on November 08, 2017, 05:03:16 AM

http://www.bbc.com/news/world-41904102
Paradise Papers: Why offshore business is turned down
sloppy BBC is sloppy. history!=news

If anything, Panama Papers and Paradise Papers show that linking BTC with terrorism funding and drug trade are pure FUD. The elites moved $10 trillions+ and hide them around the world with FIAT and all are done "legally" within the legal framework.

That being said, I still have nothing but the highest respect for the Sassoon family. Being able to survive the Spanish Inquisition and Ottoman rule, made a fortune in Opium Wars, and still retain their peerage and fortune in the British upper crust, this is nothing short of a miracle. I am sure that Baron Sassoon, being the previous head of G7 task force on Money Laundering, would not have done anything untoward.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16080. (Read 26720873 times)