Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16275. (Read 26609490 times)

hero member
Activity: 750
Merit: 601
If we have another fork that even rhymes a little to this one, I can only see bitcoin getting stronger as people buy more in anticipation of the air drop.
Without replay protection, it will be a slow mess to untangle the altcoins though.

If replay protection is not added, then what is going to be the solution, something like 100 confirmations?  Or am I misunderstanding the gravity of the problem and adding confirmations would that not be enough?

Longest chain will win.


Longest chain, or you mean the chain with the most work, if fact neither mean very much. Its way more complex that looking at what miners want.

sr. member
Activity: 280
Merit: 250
Slightly off topic: where do you all get your news re: bitcoin, specifically news out of China? Twitter?
Links (to Twitter, Reddit or other sources) found in this very thread  Grin

Once it's in this thread it's already old news unfortunately.
legendary
Activity: 1512
Merit: 1012
I think Segwit2x has majority 90-95% of hashpower. It will be solved very quickly :-)

and 0% of full node to keep or accept the 2Mb Block size ...  Roll Eyes
Miners can not force node to "change" of software.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
My only dream is that Altcash heads back to 0.20/btc so I can unload the rest that I have.

My dream is that Altcash will find its way into anonymous ATMs or other OTC channels so I can sell/convert mine without compromising the anonymity of the associated real bitcoins.

I don't. Average Joe is going to have a hell of a time figuring out the difference between a BitcoinTM ATM vs. a Bitcoin Cash ATM. Especially when their names sound identical and their logos are virtually identical.

All by design I'm sure.

Powers That Be: "If we can't block the growth of BitcoinTM, then we can slow it down or compromise it by confusing the shit out of newbs with similar forks in order to divide, dilute, and conquer. Their sorry asses won't know the difference until they try to spend it somewhere."

I'm sure the next fork will be called Bitcoin Money and have just a slight turn of the logo. Maybe even upside down.  Roll Eyes

Annoying isn't it?

It's hard enough to find ATMs with decent fees that allow you to sell coins and even harder to find ones that handle ETH or LTC. I've never seen any other alt available through an ATM.

My best hope is for an OTC source. I dream wistfully for the good old days when most exchanges were completely anonymous.



I'm sure that you could find someone through local bitcoins or some other direct way to interact in order that you could preserve your anonymity.  However, you do have to split your coins first, and I thought that one point you said that you were keeping your coins on a whole bunch of fucking paper wallets, and there could be some logisitics with getting all of that sorted out; however, it is not a daunting task. 

Personally, I had some issues with splitting the BCH from my blockchain.info wallet - and there seems to have been more simple solutions than what I did; however, ultimately, I created a new Electron Cash wallet for every blockchain.info address that I had (there were 57 of them) in order to separately receive the BCH from each of them.  I only had BCH on 33 addresses, but I went through all of the addresses in order to make sure that I did not accidentally miss any of them.

So, each address that had BCH, I transferred the BCH to my bitfinex account (using a different address each time); however, if you don't want to create such an account, it seems that you could find someone willing to assist you with all of that by using their account, and maybe charging you a 5-10% fee or something?  Then seems to me that you would preserve your anonymity.  I would do that for one of my regular local bitcoin's contacts, and they are already used to paying me approximately 5% just to buy or sell bitcoin through me... so likely something could be worked out.

Another thing that you could do, is establish some random throw-away account that does not require KYC in order to convert your BCH yourself... wasn't Bittrex one of the exchange services that some folks were using for quickie reclamation of BTC for their BCH?
legendary
Activity: 1414
Merit: 1000
If we have another fork that even rhymes a little to this one, I can only see bitcoin getting stronger as people buy more in anticipation of the air drop.
Without replay protection, it will be a slow mess to untangle the altcoins though.

If replay protection is not added, then what is going to be the solution, something like 100 confirmations?  Or am I misunderstanding the gravity of the problem and adding confirmations would that not be enough?

100 confirmations should be safe enough, quite hard to reverse that much.
But in a fork/war context it could take days instead of 1000 minutes (16-17 hours).
And doubt about the winning chain can add to the paralyzing effect. IF the fork happens, which still remains to be seen.

I think Segwit2x has majority 90-95% of hashpower. It will be solved very quickly :-)
legendary
Activity: 2520
Merit: 3038
Slightly off topic: where do you all get your news re: bitcoin, specifically news out of China? Twitter?
Links (to Twitter, Reddit or other sources) found in this very thread  Grin
legendary
Activity: 2520
Merit: 3038
Dump ahead.
Quote
Bitcoin is at 3.7k in China.

Or maybe there isn't much relation between bitcoin price in global market and bitcoin price in theses closed markets...
There is a huge relation in global market i think you are the new person that saying that look at the media people are arising questions against bitcoin that who are the creator who toke bitcoin to high level and you are talking here like that.

Hm? Is Google Translate out of order?
legendary
Activity: 2520
Merit: 3038
If we have another fork that even rhymes a little to this one, I can only see bitcoin getting stronger as people buy more in anticipation of the air drop.
Without replay protection, it will be a slow mess to untangle the altcoins though.

If replay protection is not added, then what is going to be the solution, something like 100 confirmations?  Or am I misunderstanding the gravity of the problem and adding confirmations would that not be enough?

100 confirmations should be safe enough, quite hard to reverse that much.
But in a fork/war context it could take days instead of 1000 minutes (16-17 hours).
And doubt about the winning chain can add to the paralyzing effect. IF the fork happens, which still remains to be seen.
sr. member
Activity: 280
Merit: 250
Slightly off topic: where do you all get your news re: bitcoin, specifically news out of China? Twitter?
legendary
Activity: 1512
Merit: 1012
and miners mine 2x blocks loose a lot of money, too ...  Roll Eyes
legendary
Activity: 1414
Merit: 1000
If we have another fork that even rhymes a little to this one, I can only see bitcoin getting stronger as people buy more in anticipation of the air drop.
Without replay protection, it will be a slow mess to untangle the altcoins though.

If replay protection is not added, then what is going to be the solution, something like 100 confirmations?  Or am I misunderstanding the gravity of the problem and adding confirmations would that not be enough?

Longest chain will win.
legendary
Activity: 1512
Merit: 1012
400 BTC wall for 3600 Euros (4230 USD).
Easy !
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
If we have another fork that even rhymes a little to this one, I can only see bitcoin getting stronger as people buy more in anticipation of the air drop.
Without replay protection, it will be a slow mess to untangle the altcoins though.

If replay protection is not added, then what is going to be the solution, something like 100 confirmations?  Or am I misunderstanding the gravity of the problem and adding confirmations would that not be enough?
full member
Activity: 504
Merit: 102
Dump ahead.
Quote
Bitcoin is at 3.7k in China.

Or maybe there isn't much relation between bitcoin price in global market and bitcoin price in theses closed markets...
There is a huge relation in global market i think you are the new person that saying that look at the media people are arising questions against bitcoin that who are the creator who toke bitcoin to high level and you are talking here like that.
full member
Activity: 252
Merit: 107
Not Found
Ah yes, Zimbabwe: the country notorious for level headed, inteligent monetary policy. Zimbabwean bank accounts are the envy of the world, a huge status symbol to bank in Zimbabwe. More billionaires per capita than anywhere else in the world.
full member
Activity: 154
Merit: 101
....Maybe markets are betting China will not close?
full member
Activity: 147
Merit: 100
Dump ahead.
Quote
Bitcoin is at 3.7k in China.

Or maybe there isn't much relation between bitcoin price in global market and bitcoin price in theses closed markets...
legendary
Activity: 1512
Merit: 1012
Pump ahead.

http://www.zerohedge.com/news/2017-09-26/hyperbitcoinization-bitcoin-trades-85-premium-zimbabwe-priced-7200

Quote
The use of Bitcoin in Zimbabwe has grown exponentially as the government has begun to stop all credit card payments and has restricted the flow of cash into and out of the country.

People wishing to make payments for vehicles have been forced to use Bitcoin and car lenders are happy to accept.

In all the chaos, the price of Bitcoin on the local exchange, BitcoinFundi, has soared to $7,200.

hero member
Activity: 560
Merit: 502
legendary
Activity: 1464
Merit: 1136
What a recovery, did not expect this. Any reason behind it? Been out of the loop for a few days

Standard Bitcoin behavior. Nothing unusual.

Hope everyone stocked up when the price was down.
Yeppers! Actually bought twice this morning before each leg up.  Cool
Jump to: