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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16233. (Read 26610024 times)

legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Wow. This is a good problem. I sold at $4300 and plan to buy back at lower price but look. BTC is holding. Congrats to all of us.  Smiley

What you gonna do?

Better buy back in soon!

I'll let it sit there for a while(a month) and if BTC goes parabolic i'll move it to tether-alts pair then go back to btc. 160btc is not big.

I agree that whatever you do would likely be a package situation, and you might have various ways that you can back out or hedge - however, it really does not sound as if you are hedged - and that is partly what I mean about preparing for both down and up...

I don't think that it matters how "big" is 160btc, but instead more importantly whether you are prepared for either price direction - because even if probabilities seem pretty good in one direction, bitcoin still is ambiguous and frequently will do the opposite of expectations - and still we are in a bull market too.. Unless someone can provide some convincing evidence to the contrary, our bull market has been since about mid-to-late 2015 (even though we may not have realized that the bull market had begun until about May 2016 or perhaps a bit later than that, perhaps?) - so sure it has been a fairly long and exponential bull market, but we certainly do not have any kind of clear, unambiguous and convincing evidence that the bull market is either stopping or that it is reversing.  So even though we cannot assume that the bull market is continuing, it seems even more dangerous to assume that it has stopped or to bet against some amount of continued upwards movement.



Buying back to btc is a no-go. Its a straight loss on you.

You might be correct, but sometimes guys who play balls to the walls, also might know that it is sometimes better to have some stake in the game and to cut your losses... but sure, you can gamble 100% if you think that is the more prudent and practical approach for your own circumstances.



But still congrats to all. BTC support is slightly stronger this time.

Bitcoin has been strong for a long time... and yeah, we may get a few fake outs after our correction to $2970, but really, there has been decent and ongoing buying pressure.. so seems like the only way to be excited is to have some stake in the game, rather than being happy for others, right?  What is the purpose of being happy for others?  It is like me buying Ethereum.. it has not happened yet... so yeah, I continue to wait for my buy point, but it does not hit.. so I guess I am somewhat happy for others, but I don't really care too much because I am not in that one and I have a different and skeptical perspective of ETH...




I assume not just one big buyer/dumper controlling the market. Maybe more like me, small in amount but several or more of active buyers/traders.

happy Hodling.  Grin

Seems like we are getting more and more entrants into bitcoin and they are scattered over more than 150 exchanges, so sure some exchanges have more influence than others, but bears have been having troubles for quite some time in keeping BTC prices down in the past couple of years, and the best that they have been able to do is temporary measures, especially since about May 2016, when they lost control of $500 and the rest has been their struggling within a bull market... so hodl and buy and don't bet too much down because the overall trend remains UP.
legendary
Activity: 1512
Merit: 1012
SegWit work.
Really.

sr. member
Activity: 579
Merit: 267
what are the wallets or exchanges that supports the bitcoin chain split? anyone?

Bitfinex has released a statement more or less to the effect that, following the chain split, should the original chain cease to exist, Segwit2x will be the new BTC. Should the original chain continue in any way, it will keep the BTC ticker and Segwit2x will be listed as B2X.




Your wrong SegwitX2 Will not Be the new btc, the spilt called btcgold ist Just an altcoin again
And the original chain Will go further again.


There is a lot of misunderstanding here. 2 forks are coming : Bitcoin versus BitcoinGold (BTCGPU) , then Bitcoin versus Bitcoin2X


Yes i know there Will Be 2 forks but the first one is btcgold(altcoin) free coins for the btc holders.
Thats Why we are going up, poeple are buying to get more free coins.
That they can sell iT for btc self making there stash bigger
And then the second fork Will happen also an altcoin, we Will always stay original btc.
member
Activity: 94
Merit: 11
what are the wallets or exchanges that supports the bitcoin chain split? anyone?

Bitfinex has released a statement more or less to the effect that, following the chain split, should the original chain cease to exist, Segwit2x will be the new BTC. Should the original chain continue in any way, it will keep the BTC ticker and Segwit2x will be listed as B2X.




Your wrong SegwitX2 Will not Be the new btc, the spilt called btcgold ist Just an altcoin again
And the original chain Will go further again.


There is a lot of misunderstanding here. 2 forks are coming : Bitcoin versus BitcoinGold (BTCGPU) , then Bitcoin versus Bitcoin2X
sr. member
Activity: 579
Merit: 267
what are the wallets or exchanges that supports the bitcoin chain split? anyone?

Bitfinex has released a statement more or less to the effect that, following the chain split, should the original chain cease to exist, Segwit2x will be the new BTC. Should the original chain continue in any way, it will keep the BTC ticker and Segwit2x will be listed as B2X.




Your wrong SegwitX2 Will not Be the new btc, the spilt called btcgold ist Just an altcoin again
And the original chain Will go further again.
hero member
Activity: 576
Merit: 503
Only by miners that agree to implement this, and do not renege. What guarantee do you have that this will be the case? For that matter, what guarantee do you have that someone does not know the private key corresponding to this address?

The miners that don't agree to this, would not be on SegWit2X. There is no private key for this address, but the redeem script has been published, so anyone can spend whatever is there.

So one could use the address given + redeem script on the input side of a splitting transaction?
Does that work if there isn't even one satoshi in the address?
legendary
Activity: 1260
Merit: 1116
what are the wallets or exchanges that supports the bitcoin chain split? anyone?

Bitfinex has released a statement more or less to the effect that, following the chain split, should the original chain cease to exist, Segwit2x will be the new BTC. Should the original chain continue in any way, it will keep the BTC ticker and Segwit2x will be listed as B2X.

It sounds me like a diplomatic move to say, hey, we are one of the biggest exchanges, we will let you trade SegWit2x coins when they arrive but please consider that if the "old" or "original" bitcoin chain will live it will stick to the real ticker BTC BTC.
 Grin
I mean everyone should have a piece of bread daily  Cheesy

I wonder how timely they'll be handling the split. By some kind of insanity Coinbase is still sitting on user's BCH's.
legendary
Activity: 2310
Merit: 1422
what are the wallets or exchanges that supports the bitcoin chain split? anyone?

Bitfinex has released a statement more or less to the effect that, following the chain split, should the original chain cease to exist, Segwit2x will be the new BTC. Should the original chain continue in any way, it will keep the BTC ticker and Segwit2x will be listed as B2X.

It sounds me like a diplomatic move to say, hey, we are one of the biggest exchanges, we will let you trade SegWit2x coins when they arrive but please consider that if the "old" or "original" bitcoin chain will live it will stick to the real ticker BTC BTC.
 Grin
I mean everyone should have a piece of bread daily  Cheesy
sr. member
Activity: 378
Merit: 278
Bitcoin :open immutable decentralized global fair
Barry Silbert's DCG consortium of companies with his minion Jeff Garzik will need alot of luck to even launch and maintain their scam Segwit2x BTC1 altcoin effort. LOL
legendary
Activity: 1260
Merit: 1116
what are the wallets or exchanges that supports the bitcoin chain split? anyone?

Bitfinex has released a statement more or less to the effect that, following the chain split, should the original chain cease to exist, Segwit2x will be the new BTC. Should the original chain continue in any way, it will keep the BTC ticker and Segwit2x will be listed as B2X.

full member
Activity: 490
Merit: 100
what are the wallets or exchanges that supports the bitcoin chain split? anyone?
legendary
Activity: 1904
Merit: 1002
If there are 7 billion people in the world, then 1% would be 70 million using bitcoin in some kind of way... Are we even close to that?  

Obviously not. It would take about 280 days to make 70 million transactions on today's Bitcoin Core. Over a month on Bitcoin Cash, which is still too long, but nearly an order of magnitude better. Because big blocks.

... and because abnormal block production rate due to fickle difficulty adjusting mechanisms. Let's tell it all.

But I have a question for you, or whoever else may be able to answer:

I'm just trying to point out that there is at least one alternative method that a transaction originator can use to split their coins, which does not suffer these drawbacks.

(Namely, including coins from a post-fork transaction in the "splitting" transaction. Can't find jbreher's other post for a proper quote.)

Apart from a coinbase transaction, which outputs would qualify? In other words, can a simple guy set up such a splitting transaction without access to a freshly mined block?

Any descendant transaction would also be valid.  An exchange could split all their coins once they have access to a single UTXO that is unique to one chain.  There will likely be services (and exchanges) that accept a dual transaction to a single address (valid on both chains), and then either send you or credit your account with split coins.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
I mean really.... Can you at least agree that we are somewhere on the lower end of a fraction of a percentage of world adoption, and just imagine first of all getting to a point of 1% adoption might take some time. 

The important vision is ubiquity of Bitcoin. As for me, I am working toward that vision.

It is NOT an "important vision."  You are suggesting some kind of phenomenon "ubiguity of bitcoin" which is NOT even close to being close to being a reality - and acting as if it were some kind of pressing concern - merely because you are "working towards that vision."  Maybe, someday, you will be able to recognize the difference between the here and now and what is imminent and what is 30 years from now without conflating them to be the same thing?  Someday?  Perhaps?


Quote
If there are 7 billion people in the world, then 1% would be 70 million using bitcoin in some kind of way... Are we even close to that? 

Obviously not. It would take about 280 days to make 70 million transactions on today's Bitcoin Core. Over a month on Bitcoin Cash, which is still too long, but nearly an order of magnitude better. Because big blocks.

O.k. say anything that you like in order to argue that bcash is supposedly superior, but at least 1% is a more realistic aspiration.
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
Only by miners that agree to implement this, and do not renege. What guarantee do you have that this will be the case? For that matter, what guarantee do you have that someone does not know the private key corresponding to this address?

The miners that don't agree to this, would not be on SegWit2X. There is no private key for this address, but the redeem script has been published, so anyone can spend whatever is there.
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
Banks are fleeing catalonia. Today it has been Sabadell -moves HQ to Alicante-. Tomorrow Caixabank decides if it activates its contingency plan and moves to Baleares.

Maybe next week Cataluña leaves the EUR and adopt Bitcoin? Bullish! Smiley

Isn't Baleares filled with tourists and across the sea?  How are they going to serve the local clients from across the sea?

We are talking about the Headquarters. They have branch offices all over Spain.

It is just that they fear a bank run (CaixaBank has lost more than 4 billions in client deposits just in the past three days).

As soon as both banks announced they were about to decide the move they started a recovery.

Any Cataluña local affiliated banks?  It would be funny if there is a bank run when people don't know what currency they are going to use tomorrow (EUR or new ccy?), and Banco de España / ECB refuse to extend liquidity to regional banks.

Banco de Sabadell and Caixa have historically been the main "regional" Catalonian banks. Nowadays they depend more on clients all over Spain though.

Yes, I think the lack of liquidity provided by BDE/ECB has been also a major consideration in the move. They can't risk bankruptcy so it is the only logical step.

Not so funny.. I have my bank account with Lacaixa, but luckily i dont like to have too much money in the bank account because this shit can happen, but my parents have their lifesavings and saving plans there... I really hope Lacaixa move out from here tomorrow, nobody have to risk their money because stupid politics.

I wouldn't worry too much. Everything indicates they will formally approve the move tomorrow... for some reason Caixa stocks price had a significant recovery today (damn insiders).
legendary
Activity: 2520
Merit: 3038
If there are 7 billion people in the world, then 1% would be 70 million using bitcoin in some kind of way... Are we even close to that?  

Obviously not. It would take about 280 days to make 70 million transactions on today's Bitcoin Core. Over a month on Bitcoin Cash, which is still too long, but nearly an order of magnitude better. Because big blocks.

... and because abnormal block production rate due to fickle difficulty adjusting mechanisms. Let's tell it all.

But I have a question for you, or whoever else may be able to answer:

I'm just trying to point out that there is at least one alternative method that a transaction originator can use to split their coins, which does not suffer these drawbacks.

(Namely, including coins from a post-fork transaction in the "splitting" transaction. Can't find jbreher's other post for a proper quote.)

Apart from a coinbase transaction, which outputs would qualify? In other words, can a simple guy set up such a splitting transaction without access to a freshly mined block?


legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Jimbo

ABP

NoScript

I have not seen an online ad in like 4 years man, do yourself a favor.

Jimbo: and I would add Ghostery.  https://www.ghostery.com/  Whitelist your favorite places, carry on.

Just use the Brave browser. That is all built in to the browser.
member
Activity: 63
Merit: 10
Smaller fishes can be younger but also smart ;p
Banks are fleeing catalonia. Today it has been Sabadell -moves HQ to Alicante-. Tomorrow Caixabank decides if it activates its contingency plan and moves to Baleares.

Maybe next week Cataluña leaves the EUR and adopt Bitcoin? Bullish! Smiley

Isn't Baleares filled with tourists and across the sea?  How are they going to serve the local clients from across the sea?

We are talking about the Headquarters. They have branch offices all over Spain.

It is just that they fear a bank run (CaixaBank has lost more than 4 billions in client deposits just in the past three days).

As soon as both banks announced they were about to decide the move they started a recovery.

Any Cataluña local affiliated banks?  It would be funny if there is a bank run when people don't know what currency they are going to use tomorrow (EUR or new ccy?), and Banco de España / ECB refuse to extend liquidity to regional banks.

Banco de Sabadell and Caixa have historically been the main "regional" Catalonian banks. Nowadays they depend more on clients all over Spain though.

Yes, I think the lack of liquidity provided by BDE/ECB has been also a major consideration in the move. They can't risk bankruptcy so it is the only logical step.

Not so funny.. I have my bank account with Lacaixa, but luckily i dont like to have too much money in the bank account because this shit can happen, but my parents have their lifesavings and saving plans there... I really hope Lacaixa move out from here tomorrow, nobody have to risk their money because stupid politics.
hero member
Activity: 605
Merit: 634
Jimbo

ABP

NoScript

I have not seen an online ad in like 4 years man, do yourself a favor.

Jimbo: and I would add Ghostery.  https://www.ghostery.com/  Whitelist your favorite places, carry on.
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
Banks are fleeing catalonia. Today it has been Sabadell -moves HQ to Alicante-. Tomorrow Caixabank decides if it activates its contingency plan and moves to Baleares.

Maybe next week Cataluña leaves the EUR and adopt Bitcoin? Bullish! Smiley

Isn't Baleares filled with tourists and across the sea?  How are they going to serve the local clients from across the sea?

We are talking about the Headquarters. They have branch offices all over Spain.

It is just that they fear a bank run (CaixaBank has lost more than 4 billions in client deposits just in the past three days).

As soon as both banks announced they were about to decide the move they started a recovery.

Any Cataluña local affiliated banks?  It would be funny if there is a bank run when people don't know what currency they are going to use tomorrow (EUR or new ccy?), and Banco de España / ECB refuse to extend liquidity to regional banks.

Banco de Sabadell and Caixa have historically been the main "regional" Catalonian banks. Nowadays they depend more on clients all over Spain though.

Yes, I think the lack of liquidity provided by BDE/ECB has been also a major consideration in the move. They can't risk bankruptcy so it is the only logical step.
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