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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16388. (Read 26711867 times)

full member
Activity: 420
Merit: 108
Every new ath has a dump like this. July 3k - 1.8k. January 1.2k - .7k. This is just another correction.
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
I also think the same. We are starting a brutal bear market which will last 6 - 24 months.

It seems like the last ChinaFUD (of a BTC total ban + firewalling) might be exaggerated, and that's what caused this dump imho. In any case I doubt that it can be very effective.
If they try for real it will be a good test of btc "anti-censorshipness". Make your bets.

edit:
https://news.bitcoin.com/chinese-investors-to-trade-bitcoin-over-the-counter-via-telegram/
legendary
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
In all honesty, even though I already put in my guess, I predict the next ATH will not be until 2020  Undecided

I fear another 2 year bitcoin hibernation period before much more amazing prices. We have lived through that 4 year cycle a few times already, I have little doubt it won't happen again.

I'm still holding though. But this time I will not have a job when it hits the 2 year low to buy all of those cheap coins.

I also think the same. We are starting a brutal bear market which will last 6 - 24 months.
legendary
Activity: 1442
Merit: 1016
In all honesty, even though I already put in my guess, I predict the next ATH will not be until 2020  Undecided

I fear another 2 year bitcoin hibernation period before much more amazing prices. We have lived through that 4 year cycle a few times already, I have little doubt it won't happen again.

I'm still holding though. But this time I will not have a job when it hits the 2 year low to buy all of those cheap coins.
It's difficult to tell until November end. You will probably have much clearer picture then.

November will be a nothingburger!
If they fork-off, it will be an altcoin! B2X never will be the legacy chain. The vast majority of the ecosystem is against that fork.Therefore it's another chance to get some free money like bcash was. There will be another one with BTCGPU/BGold as well!
For now I stay pretty bullish for another upwards move and a possibility of a new ATH. But for sure we will see some bear phase of a few months again at some point, no doubt about that. Right now the shakeouts had been about showing strongs hands and faith. The longer bear and consolidation phases again will be about patience! These times are often extremely boring for many people, but great for more accumulation.
legendary
Activity: 3122
Merit: 1538
yes
In all honesty, even though I already put in my guess, I predict the next ATH will not be until 2020  Undecided

I fear another 2 year bitcoin hibernation period before much more amazing prices. We have lived through that 4 year cycle a few times already, I have little doubt it won't happen again.

I'm still holding though. But this time I will not have a job when it hits the 2 year low to buy all of those cheap coins.

I am more optimistic, but a sideways scenario for 6 months cannot be ruled out. It happened before (and can happen again). No sweat, the train (cryptocurrency adoptoin) keeps moving anyway.
full member
Activity: 140
Merit: 100
Hint : https://bitcoincore.org/en/releases/0.12.0/

Quote
Automatically use Tor hidden services

Starting with Tor version 0.2.7.1 it is possible, through Tor’s control socket API, to create and destroy ‘ephemeral’ hidden services programmatically. Bitcoin Core has been updated to make use of this.

This means that if Tor is running (and proper authorization is available), Bitcoin Core automatically creates a hidden service to listen on, without manual configuration. Bitcoin Core will also use Tor automatically to connect to other .onion nodes if the control socket can be successfully opened. This will positively affect the number of available .onion nodes and their usage.

This new feature is enabled by default if Bitcoin Core is listening, and a connection to Tor can be made. It can be configured with the -listenonion, -torcontrol and -torpassword settings. To show verbose debugging information, pass -debug=tor.

Unfortunately, the Great Firewall of China already block TOR through some fairly sophisticated techniques and that is like 5~6 years ago.

https://www.technologyreview.com/s/427413/how-china-blocks-the-tor-anonymity-network/
https://www.cs.kau.se/philwint/static/gfc/

People had to fake the packet to be like Skype or other type of packets using stuff like Obfsproxy.  But that had to be done within China as all outside relays are blocked.  I don't know what's technique now days for connecting to Tor from within China.  But the point is that they are already scanning outgoing packet with with some fairly sophisticated algorithm.  Satellite can not be blocked, but uplink is expensive with limited bandwidth.  There is probably problem with latency as well.  Also, signals can be jammed, even if only locally.

I forgot to mention that's the "DPI" mentioned in that document, i.e. deep packet inspection, to throw out BTC network syncing data, in the word of those officials.

newbie
Activity: 44
Merit: 0
In all honesty, even though I already put in my guess, I predict the next ATH will not be until 2020  Undecided

I fear another 2 year bitcoin hibernation period before much more amazing prices. We have lived through that 4 year cycle a few times already, I have little doubt it won't happen again.

I'm still holding though. But this time I will not have a job when it hits the 2 year low to buy all of those cheap coins.
It's difficult to tell until November end. You will probably have much clearer picture then.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
In all honesty, even though I already put in my guess, I predict the next ATH will not be until 2020  Undecided

I fear another 2 year bitcoin hibernation period before much more amazing prices. We have lived through that 4 year cycle a few times already, I have little doubt it won't happen again.

I'm still holding though. But this time I will not have a job when it hits the 2 year low to buy all of those cheap coins.
newbie
Activity: 44
Merit: 0
ATH guess 01/02/2018


Where are you from though? In the uk I'd read that as 1st Feb 2018. US would read that as Jan 2nd.
Looks like Australia from time. How do they read there? We read it like English.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
ATH guess 01/02/2018


Where are you from though? In the uk I'd read that as 1st Feb 2018. US would read that as Jan 2nd.

All of the responses have been in non-US standard.
legendary
Activity: 1358
Merit: 1016
ATH guess 01/02/2018


Where are you from though? In the uk I'd read that as 1st Feb 2018. US would read that as Jan 2nd.
full member
Activity: 141
Merit: 102
ATH guess 01/02/2018
legendary
Activity: 1512
Merit: 1012
Hint : https://bitcoincore.org/en/releases/0.12.0/

Quote
Automatically use Tor hidden services

Starting with Tor version 0.2.7.1 it is possible, through Tor’s control socket API, to create and destroy ‘ephemeral’ hidden services programmatically. Bitcoin Core has been updated to make use of this.

This means that if Tor is running (and proper authorization is available), Bitcoin Core automatically creates a hidden service to listen on, without manual configuration. Bitcoin Core will also use Tor automatically to connect to other .onion nodes if the control socket can be successfully opened. This will positively affect the number of available .onion nodes and their usage.

This new feature is enabled by default if Bitcoin Core is listening, and a connection to Tor can be made. It can be configured with the -listenonion, -torcontrol and -torpassword settings. To show verbose debugging information, pass -debug=tor.
legendary
Activity: 1988
Merit: 1077
Honey badger just does not care

That tweeted image may be from 2015. See the first reply to that tweet.

Even if it is recent anyone can type something like that up. Smells like weekend FUD to me.


Translation of the text from the next tweet:

Quote
Translation of the documents at https://twitter.com/btcdrak/status/908998917995552776
 
—----BEGINS---—
In order to block all the BTC exchange out of China before Sep. 30th, the expert in Network Bureau, Network Safety Bureau would use the following technical ways to: 
 
1. In the main route exit, block the access to main BTC exchange abroad from mainland China, including Coinbase, Bitfinex, Localbitcoin. The ways to block includes web access, app access, and API access. (See appendix 1 main BTC exchanges abroad)
 
2. In the main exit of the router, block the access to BTC seed node addressing. (See appendix 2 list of DNS seed addresses)
 
3. In the GFW, with DPI identification, the BTC network would be forced to abandon the sync of BTC (Block) exchange.
 
The government will take the following action:
 
1. According to the appendix 1, analyze all the DNS and IP address of  web/App/API access to BTC exchange, and hand in the list to IT Bureau before Sept. 25.
 
2. Network Safety Bureau needs to confirm the validation of the BTC seed node addressing in Appendix 2 and hand in the final list to IT bureau.
 
3. According to research of Network Safety Buearu, through the DPI identification system in the GFW to abandon the block data, the ability of Block(Bill)'s sync will be disabled. This action needs configuration in L1 authorization of GFW. The IT Bureau will responsible for it.
 
Meanwhile, to prevent the domestic block nodes to sync with nodes abroad, government will monitor the communication between the domestic block node with the pool(appendix 4). In case of emergency, cut down the network of the pool.
 
4. Monitor highly on the BTC network's communication via bridge connection, TOR and VPN etc. Inform the most frequent request.
—— ENDS —---

Looks like government/bureaucratic speech to me. Those weekend FUDsters are getting slicker, or this may be preparation for the ban in 2015 and abandoned latter.
legendary
Activity: 1652
Merit: 4393
Be a bank
traders trade. spenders spend. hodlers
legendary
Activity: 1358
Merit: 1016
I don't know Why but i Just want to make same ATH guess like last time
Rules ....: the one  with the right date of ATH gets .25 btc paid directly  (UTC time)    (closest to ATH.....)
I look to Every page in here from now When a date is picked first iT cannot been taken again ( 1st =1st)
Another .25 btc is rewarded for ho makes best of technical analyse of the time When we strike ATH.... and Why iT happens at that time.....
So This .25 also only to been payed 1 time .... and not 2 times te same explanation.... (1st =1st)

Both answers to win must been inside before 20-09-2017
Goodluck to the ones that like This  

Can 2 persons guess the same day? Can 2 persons win?


No. Different date. 1st come 1st serve.
full member
Activity: 141
Merit: 102
I don't know Why but i Just want to make same ATH guess like last time
Rules ....: the one  with the right date of ATH gets .25 btc paid directly  (UTC time)    (closest to ATH.....)
I look to Every page in here from now When a date is picked first iT cannot been taken again ( 1st =1st)
Another .25 btc is rewarded for ho makes best of technical analyse of the time When we strike ATH.... and Why iT happens at that time.....
So This .25 also only to been payed 1 time .... and not 2 times te same explanation.... (1st =1st)

Both answers to win must been inside before 20-09-2017
Goodluck to the ones that like This  

Can 2 persons guess the same day? Can 2 persons win?
full member
Activity: 173
Merit: 100
The next ATH is going to be 21/12 IMHO.

Okay, everybody has his own opinions... I'm not concerned about ATH to be honest.
I'm just wondering when would this madness ends. We've gone below 3500 again as I'm writing this.

I think till 30th September we'll see multiple ups and downs and things will start to settle down there after  Roll Eyes
sr. member
Activity: 539
Merit: 265

I spoke with a professional programmer/chartist(the programmer/chartist wrote a master thesis about BTC/dash/monero and is now working on the dissertation about crypto)
We agree! the next BTC ATH is on the way!
LONG BTC!
just a few little corrections while BTC will reach a new climax
best wishes!
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