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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16552. (Read 26635552 times)

member
Activity: 100
Merit: 10
Donate --> 15B6eKDUmjbV21Ujwj32HCX7qctCeSuzyi
People continue to dump their BCH as soon as they manage to split the free money drop from bitcoins. BCH paid trolls getting desperate.
Taking too long to confirm my latest tx of BCH to dump on Kraken. Guess I'll do it in the morning, and hope we see it pumped back above $700.
Zzzz...

8 hours, and 11 confirmations later, still waiting for the BitCH deposit to Confirm on Kraken.

Can't wait to rid myself of this shitcoin.

I have a real talent for picking the wrong horse in any race

This^ I can't express this enough, no matter what I do usually ends up working against me, while I don't particularly believe in BCH I have just the tiny amount I got with BTC and even less BTC at just over half of that. While I'd love to sell it to try to make it up to my first BTC I afraid that no matter I pick it'll be wrong. :|
legendary
Activity: 3780
Merit: 5429
Bitmain's Jihan Wu will follow thru and fork his (what is it 30% of hash) to bitcoin cash...and we will have 3 forks split like 50/20/30 or something odd...
I really doubt that, especially if it is not economically viable. His small group of loyalists buying their own forked coin is like corporations erroneously buying back their own stock. It gives a wealth effect for a while, up until the moment it all falls to shit and crashes. Can't hold that stock (er, coin) price up forever.  Wink

As those shitty forks languish, Wu and company will eventually abandon them to die. Or pump them on occasion, the ol' "hey look at me, I'm not dead yet!" factor.

thus it will be a cluster...and I have a real talent for picking the wrong horse in any race

so, just gonna leave the BCH alone for now...treating it as a remote insurance policy
Why are you horse betting? It's easy dude. Just follow the chain with the economic majority of END USERS, BROKERS, EXCHANGES, and MERCHANTS. Miners and hashrate follow those things, not the other way around.
legendary
Activity: 2310
Merit: 1422
Talking of which...


Does anyone here use any of the Bitcoin debitcards that you can load with BTC and spend your BTC anywhere?

I want to get me one and any recommendations/warning etc would be appreciated.

The more private the better

I personally have a coinsbank card. I use BTC and LTC that are exchanged at the time of buying.
I find it pretty good: I don't keep much on it and I am not verified.
I did many small txs for a few $ and € (I have a dollar denominated card and a euro one)
legendary
Activity: 2310
Merit: 1422
An exponential rise would have brought us to 15k/20k which did not happen. 2013 is so distant, the game is completely different: bitcoin is a lively ecosystem even if we are having and sharing this environment with all sort of companions (BCH, ETH, DASH, XMR, LTC)

Without the forking wars we would be likely above 16K or so already. And looks like this segwit2x will be a drag for a while. And the more BTC keep rising the more it draws the attention of TPTB, and the more attacks we can expect from them. I would not even discard the beginning of sudden deaths among leading developers.

I understand what you mean.
Satoshi Nakamoto did the right thing when he disappeared from the scene back in 2010.
But, in any case, this bitcoin thing is out there in the open and it can't be stopped.
Don't be too pessimistic even though I know you are being realist.
 Wink
hero member
Activity: 2604
Merit: 961
fly or die
BTC is not exactly cheap and quick to send at the moment either. For a transaction with some inputs (976 bytes) Electrum suggested a whopping 0,0047BTC fee !
legendary
Activity: 3780
Merit: 5429
Talking of which...


Does anyone here use any of the Bitcoin debitcards that you can load with BTC and spend your BTC anywhere?

I want to get me one and any recommendations/warning etc would be appreciated.

The more private the better

I'm curious about this too. Was considering BitPay card until that whole btc1 debacle.
legendary
Activity: 1078
Merit: 1441
Talking of which...


Does anyone here use any of the Bitcoin debitcards that you can load with BTC and spend your BTC anywhere?

I want to get me one and any recommendations/warning etc would be appreciated.

The more private the better
legendary
Activity: 1078
Merit: 1441
.... be good to see more of the ecosystem follow Bitwala's  example
copper member
Activity: 2898
Merit: 1465
Clueless!
People continue to dump their BCH as soon as they manage to split the free money drop from bitcoins. BCH paid trolls getting desperate.
Taking too long to confirm my latest tx of BCH to dump on Kraken. Guess I'll do it in the morning, and hope we see it pumped back above $700.
Zzzz...

8 hours, and 11 confirmations later, still waiting for the BitCH deposit to Confirm on Kraken.

Can't wait to rid myself of this shitcoin.

I probably should do the same ...but my view (or bad karma) leads me to believe that IF bitcoin core continues NOT to accept the 2mb hard fork on seg witness 2
and sticks to that

then

Bitmain's Jihan Wu will follow thru and fork his (what is it 30% of hash) to bitcoin cash...and we will have 3 forks split like 50/20/30 or something odd...

thus it will be a cluster...and I have a real talent for picking the wrong horse in any race

so, just gonna leave the BCH alone for now...treating it as a remote insurance policy

There is NOTHING that I can tell to make anyone act in an ADULT manner on all this stuff...so imho IF we have 3 forks and IF the 2 hardforks don't cause any problems

then the miners will float towards the 2 hardfork and block size increase options.... for the improved profits...of mining those chains and abandon seg witness as not needed

NOT saying this will happen...but am saying..that is the reason that a lot of BCH has NOT been dumped yet by me or others (again in imho)

I just see this as likely to cluster into 3 forks ...and again my horse picking skills in any race...really, really, suck..and I never discount miner greed to screw everyone in this

So I pass this on to others here to convince me otherwise my fears are valid or not....I've no clue...just my present stance on BCH

AT worse the money I could have made will go back to unicorn status and we will have ONE segwit2 2mb fork as 'supposedly' people have picked



full member
Activity: 183
Merit: 100
TaurusBit.com Administrator
Waiting for SegWit and HF drama to finally solve like...

hero member
Activity: 703
Merit: 502
Perhaps BTC price is going for another ATH for the event of Segwit activation tomorrow?

How it will work then will the November Segwit 2x hardfork part?

I would say the price will be under pressure until that time, that means I should sell at the coming peak?
If i could see into the future I would be rich by now. I'm going to hold and wait and see

Yep. Holding has worked well since 2013. Hopefully the same next 4 years.
Holding has worked well since genesis block. To be fair though long term investing generally works out.
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
Perhaps BTC price is going for another ATH for the event of Segwit activation tomorrow?

How it will work then will the November Segwit 2x hardfork part?

I would say the price will be under pressure until that time, that means I should sell at the coming peak?
If i could see into the future I would be rich by now. I'm going to hold and wait and see

Yep. Holding has worked well since 2013. Hopefully the same next 4 years.
Yeah nobody can dispute it's one huge uptrend for some time now

I'm also going to hodl on my coins for the Next years and years sell non buy as much as possible
legendary
Activity: 2688
Merit: 2470
$120000 in 2024 Confirmed
Perhaps BTC price is going for another ATH for the event of Segwit activation tomorrow?

How it will work then will the November Segwit 2x hardfork part?

I would say the price will be under pressure until that time, that means I should sell at the coming peak?
If i could see into the future I would be rich by now. I'm going to hold and wait and see

Yep. Holding has worked well since 2013. Hopefully the same next 4 years.
Yeah nobody can dispute it's one huge uptrend for some time now
copper member
Activity: 2898
Merit: 1465
Clueless!
Perhaps BTC price is going for another ATH for the event of Segwit activation tomorrow?

How it will work then will the November Segwit 2x hardfork part?

I would say the price will be under pressure until that time, that means I should sell at the coming peak?
If i could see into the future I would be rich by now. I'm going to hold and wait and see

Yep. Holding has worked well since 2013. Hopefully the same next 4 years.
legendary
Activity: 2688
Merit: 2470
$120000 in 2024 Confirmed
Perhaps BTC price is going for another ATH for the event of Segwit activation tomorrow?

How it will work then will the November Segwit 2x hardfork part?

I would say the price will be under pressure until that time, that means I should sell at the coming peak?
If i could see into the future I would be rich by now. I'm going to hold and wait and see
legendary
Activity: 1512
Merit: 1012
Weather for today, gentlemen ...








Code:
Block Generation Time :
1 block: 10.7 minutes
3 blocks: 32.0 minutes
6 blocks: 1.1 hours
sr. member
Activity: 274
Merit: 250
Perhaps BTC price is going for another ATH for the event of Segwit activation tomorrow?

How it will work then will the November Segwit 2x hardfork part?

I would say the price will be under pressure until that time, that means I should sell at the coming peak?
hero member
Activity: 574
Merit: 502
waiting to explode
whose ad was that?

I've heard Cindicator is paying 50 cents per post to keep their thread alive. $5 everyday for a total of 10 posts, even for Jr. Member accounts.
legendary
Activity: 1652
Merit: 4393
Be a bank
We could have 20 MB blocks and it would still be trivial to run a node at home on a single machine.  Mining is at peak centralization now for one reason: ASICs.  There are precious few manufacturers and they are smart enough to realize it is more profitable to just use them then to sell them.  If mining hardware were more widely available there would be much less centralization.  Block size is a red herring.

Of course, I'm merely guessing, but I guess you've not seen the recent work calculating the GINI coefficients regarding mining vis a vis other aspects of the ecosystem?
source please. craig?
legendary
Activity: 1652
Merit: 4393
Be a bank
So I watch another index of my own invention. (Granted, all y'all may be watching the same index, but may or may not have quantified it as such).

'What index', you may ask? Well, it is the bitcointalk page depth index. At the end of the day, check how many new pages of drek have been added to BCT's leading forum (Bitcoin Forum > Bitcoin > Bitcoin Discussion).

Today, I count six. Six pages of drek, mostly filled with noobs being noobish. While this is tiresome, it is also a very bullish indicator. That's about half again our usual influx of newcomers to the crypto revolution.

Tomorrow we dine upon yeast piss and aborted sturgeon progeny!

this is actually not a new idea

the long term trend price of BTC is equal to the page count of this thread, so we are currently running at about .25 of the actual value...not even joking

So every post is worth 5cents. Keep it going guys Smiley (It´s not up to me anymore, i´ve contributed my 5cents for today  Grin)

I was offered what would now be about $2 per post if I put their ad in my signature.

Still not going to do it.

whose ad was that?
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