Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16560.

hv_

legendary

Activity: 2548

Merit: 1055

Clean Code and Scale

Quote from: Asrael999 on August 22, 2017, 04:16:32 AM

Quote from: aesma on August 22, 2017, 03:59:13 AM

Quote from: GHCoins45 on August 22, 2017, 03:44:30 AM

So this time bitcoin core is trying to fork?

I you're talking about Segwit 2X then no.

Core has wanted Segwit for years. Now it's going to happen, but instead of people accepting Segwit (which they refused for years) they accepted Segwit2X = Segwit + 2MB blocks. The Segwit part is a tested piece of code (could still have bugs though), the 2X is untested, not made by Core.

- core nodes will not recognise segwit2x blocks, so these will not be added to the core chain. At the same time 2x has no replay protection, so transactions that occur on the 2x chain can be mirrored on the core chain. It's going to be a shitshow , in my personal opinion.

Depends on how much hashpower is left for core. If this is less than ten percent it might take for ever to try the replay attack...

Meuh6879

legendary

Activity: 1512

Merit: 1012

MEMpool

Code:

Block Generation Time :

1 block: 10.3 minutes
3 blocks: 30.8 minutes
6 blocks: 1.0 hours

GHCoins45

hero member

Activity: 539

Merit: 500

Quote from: aesma on August 22, 2017, 03:59:13 AM

Quote from: GHCoins45 on August 22, 2017, 03:44:30 AM

So this time bitcoin core is trying to fork?

I you're talking about Segwit 2X then no.

Core has wanted Segwit for years. Now it's going to happen, but instead of people accepting Segwit (which they refused for years) they accepted Segwit2X = Segwit + 2MB blocks. The Segwit part is a tested piece of code (could still have bugs though), the 2X is untested, not made by Core, and Core is firmly against it.

Core has wanted Segwit for years as I said, and promoted it. When it will activate, clearly that will not be a fork. If another piece of software rejects Segwit blocks, that would be a fork. Later if a Segwit2X piece of software is deployed then that's another fork.

Thanks for the reply aesma,

So bitcoin core will continue with bitcoin as it is now (with segwit activated) and someone else will fork for 2x, like they did with BCH, am I right?

In this case shouldn't be problems, as bitcoin core have massive suppport as always.

Or the majority of miners support he 2x shit?

Wexlike

legendary

Activity: 1473

Merit: 1086

Quote from: gentlemand on August 22, 2017, 04:32:35 AM

Quote from: Asrael999 on August 22, 2017, 04:16:32 AM

It's going to be a shitshow , in my personal opinion.

It's going to be like every single other 'OMIGOD WE'RE GONNA DIE' threat that's popped up since minute one. An acceptable solution to all will eventually be hammered out.

If you want to panic then rent a cinderblock bunker in the woods, line it with rubber, put on a helmet and beat yourself around the head and throw yourself at the walls until November.

It'll be a great workout.

By launching BCH Bitmain have already fucked the NYA. Everyone else will slowly fall away.

Just replace-by-fee split your coins to both chains and you are good to go. A little bit more complicated than the replay protected split with BTH, but still doable.

gentlemand

legendary

Activity: 2604

Merit: 3056

Welt Am Draht

Quote from: Asrael999 on August 22, 2017, 04:16:32 AM

It's going to be a shitshow , in my personal opinion.

It's going to be like every single other 'OMIGOD WE'RE GONNA DIE' threat that's popped up since minute one. An acceptable solution to all will eventually be hammered out.

If you want to panic then rent a cinderblock bunker in the woods, line it with rubber, put on a helmet and beat yourself around the head and throw yourself at the walls until November.

It'll be a great workout.

By launching BCH Bitmain have already fucked the NYA. Everyone else will slowly fall away.

Asrael999

hero member

Activity: 703

Merit: 502

Quote from: aesma on August 22, 2017, 03:59:13 AM

Quote from: GHCoins45 on August 22, 2017, 03:44:30 AM

So this time bitcoin core is trying to fork?

I you're talking about Segwit 2X then no.

Core has wanted Segwit for years. Now it's going to happen, but instead of people accepting Segwit (which they refused for years) they accepted Segwit2X = Segwit + 2MB blocks. The Segwit part is a tested piece of code (could still have bugs though), the 2X is untested, not made by Core.

- core nodes will not recognise segwit2x blocks, so these will not be added to the core chain. At the same time 2x has no replay protection, so transactions that occur on the 2x chain can be mirrored on the core chain. It's going to be a shitshow , in my personal opinion.

aesma

hero member

Activity: 2604

Merit: 961

fly or die

Quote from: d_eddie on August 22, 2017, 03:58:57 AM

Quote from: eXpl0sive on August 21, 2017, 10:23:45 PM

Quote from: HanvanBitcoin on August 21, 2017, 10:15:59 PM

Great

Kraken didint execute my stop loss order haha. Undecided

They just announced that they are going to disable advanced orders for a couple of months. Only standard orders can be placed now.

But in the same email they also said that standing "advanced" orders (including stop orders) would be executed. Only new ones can't be entered anymore. For what's worth...

I had stopped trading (for unrelated reasons) and now that I'm placing a few orders, it's so horribly slow, it's beyond belief. Sometimes the thing will turn and turn and error out after 2 minutes ! The only explanation I can see is that there are a lot of bots placing countless orders and straining the whole thing.

aesma

hero member

Activity: 2604

Merit: 961

fly or die

Quote from: GHCoins45 on August 22, 2017, 03:44:30 AM

So this time bitcoin core is trying to fork?

I you're talking about Segwit 2X then no.

Core has wanted Segwit for years. Now it's going to happen, but instead of people accepting Segwit (which they refused for years) they accepted Segwit2X = Segwit + 2MB blocks. The Segwit part is a tested piece of code (could still have bugs though), the 2X is untested, not made by Core, and Core is firmly against it.

Core has wanted Segwit for years as I said, and promoted it. When it will activate, clearly that will not be a fork. If another piece of software rejects Segwit blocks, that would be a fork. Later if a Segwit2X piece of software is deployed then that's another fork.

d_eddie

legendary

Activity: 2520

Merit: 3038

Quote from: eXpl0sive on August 21, 2017, 10:23:45 PM

Quote from: HanvanBitcoin on August 21, 2017, 10:15:59 PM

Great

Kraken didint execute my stop loss order haha. Undecided

They just announced that they are going to disable advanced orders for a couple of months. Only standard orders can be placed now.

But in the same email they also said that standing "advanced" orders (including stop orders) would be executed. Only new ones can't be entered anymore. For what's worth...

aesma

hero member

Activity: 2604

Merit: 961

fly or die

Quote from: ?? on ??

Quote from: aesma on August 22, 2017, 03:00:51 AM

Bob I'm counting on you to buy back some cheaper coins !

Why ? Fuck that man. I want muh free gibs.

Ah ah no it's just that I've sold BCH when it jumped this night/morning and I'd like to buy back cheaper, but it's going up at the moment.

I'm in no hurry though.

GHCoins45

hero member

Activity: 539

Merit: 500

So this time bitcoin core is trying to fork?

Last of the V8s

legendary

Activity: 1652

Merit: 4393

Be a bank

Quote from: sgk on August 22, 2017, 03:18:08 AM

Quote from: Last of the V8s on August 22, 2017, 03:08:30 AM

if we don't break through 5k later this week, i'll eat my hat

I bet that's a CAKE which looks like a hat.

win/win

Quote from: pumpmydump on August 22, 2017, 03:21:05 AM

Quote from: Last of the V8s on August 22, 2017, 03:08:30 AM

if we don't break through 5k later this week, i'll eat my hat

What do you eat if it doesn't break through 4k again?

to start a half dozen fudding newbies, main course of roasted big-blocker nutjob, pudding of menthe anonyme

pumpmydump

member

Activity: 151

Merit: 10

Quote from: Last of the V8s on August 22, 2017, 03:08:30 AM

if we don't break through 5k later this week, i'll eat my hat

What do you eat if it doesn't break through 4k again?

sgk

legendary

Activity: 1470

Merit: 1002

!! HODL !!

Quote from: Last of the V8s on August 22, 2017, 03:08:30 AM

if we don't break through 5k later this week, i'll eat my hat

I bet that's a CAKE which looks like a hat.

Denker

legendary

Activity: 1442

Merit: 1016

Quote from: ?? on ??

this move... its expected... i mean i saw it coming ( didnt sell THAT much but i did sell some... ) its "upgrade might be bumpy, PLUS there this BCH mining is profitable thing, so let do some hedging", type thing.
I wouldn't worry much about it.

if things go well we're looking at 10-15K BTC IMO

In what timeframe?
You're still talking about this year?
To be honest I think the NYA, 2x guys will hinder us to see that kind of prices the next few months at least due to endless FUD.
And if the really fork, it needs to be seen what the whole thing and situation will develop into.
Right now imo we are trying to find a solid support. Hopefully around 3500 after some wilder up and down swings coming the next days.

machasm

hero member

Activity: 786

Merit: 857

Quote from: Last of the V8s on August 22, 2017, 03:08:30 AM

if we don't break through 5k later this week, i'll eat my hat

Wow that is gonna be a big meal! 3 courses perhaps?

Last of the V8s

legendary

Activity: 1652

Merit: 4393

Be a bank

if we don't break through 5k later this week, i'll eat my hat

machasm

hero member

Activity: 786

Merit: 857

Keep BitCHslapping the BitCH Bob!
Hmmm seems to roll of the tongue almost effortlessly

aesma

hero member

Activity: 2604

Merit: 961

fly or die

Bob I'm counting on you to buy back some cheaper coins !

JayJuanGee

legendary

Activity: 3934

Merit: 11405

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

Quote from: ?? on ??

Quote from: JayJuanGee on August 22, 2017, 01:14:03 AM

So, I might get issued some BCH as late as January 2018 (according to coinbase) (when BCH is worth .01BTC? who knows?)

lol this is almost a favor they are doing you... would you risk getting left behind even its just a 0.1% chance of a "flippening", just hodl it...
and altho BCH/BTC might drop, BCH has a very good chance at gaining $$ value. its pretty good shit....

You could be correct that BCH could gain dollar value - but wouldn't the more relevant question be how it does as compared to BTC? Through its lifetime, it has largely been between about .05BTC to .25BTC --- so Yeah, if it can maintain its value in that range, then thak you very much to coinbase for forcing me to HODL my BCH.

I have a total of three hostage HODLs of my BCH... Bitstamp, Gemini and Bitstamp.. and the total forced HODLing would be about 8% of my total potentially issued-BCH. Trickle me the BCH, so I can SODL it rather than HODL it... hahahahaha Cheesy

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