Time to sell your BCH, we're going to 3600 $170. Buy later back if you think it will ever be worth more than that again.
FTFY
BTC down <5%, BCH down >20%.
How far to buy A decent dip this time?
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16562. (Read 26630562 times)
August 21, 2017, 08:45:20 PM
FTFY
BTC down <5%, BCH down >20%.
How far to buy A decent dip this time?
August 21, 2017, 08:30:41 PM
I mean, what's the deal with this "bit coin" anyway?
August 21, 2017, 08:29:03 PM
Time to sell your BCH, we're going to 3600 $170. Buy later back if you think it will ever be worth more than that again.
FTFY
BTC down <5%, BCH down >20%.
August 21, 2017, 08:20:42 PM
Advice on electrum please.
Is this a good wallet to use to be middle man when creating a new paper wallet?
I.e. Moving coins from one paper wallet to a new one.
Is this a good wallet to use to be middle man when creating a new paper wallet?
I.e. Moving coins from one paper wallet to a new one.
@rjclarke2000 Yes, it is. Don't mix that up with the Electron wallet.
August 21, 2017, 08:15:28 PM
Over the last few months all this talk of onboarding new users is really a code for creating new bagholders. Everyone was so sold on the Bitcoin 5,000, 10,000, 100,000, 500,000....
They thought it would happen within a year, two years, 3 years tops!
In reality they all fell into the hype trap and now we're going to see the narrative shift yet again, there's always something herding people from stable to stable. What is it this time?
They thought it would happen within a year, two years, 3 years tops!
In reality they all fell into the hype trap and now we're going to see the narrative shift yet again, there's always something herding people from stable to stable. What is it this time?
August 21, 2017, 08:13:22 PM
Dips? I've seen a few. 
Hodlers know what to do...
August 21, 2017, 08:09:58 PM
SELL, November FUD is starting, buy at lower for quite a profit. Going to 3600 soon and who knows where this will end.
Hey, it's a good job you posted that, I'd forgotten what you said 15 minutes ago.
August 21, 2017, 08:08:20 PM
Dips? I've seen a few.
August 21, 2017, 08:00:35 PM
SELL, November FUD is starting, buy at lower for quite a profit. Going to 3600 soon and who knows where this will end.
August 21, 2017, 07:53:33 PM
help me understand what can and can't be changed without a fork so I can stop asking stupid questions on the forum 😊?
There's essentially zero changes that are beyond a fork. A soft fork is even capable of removing the sacrosanct 21 million limit.
August 21, 2017, 07:46:52 PM
Time to sell, we're going to 3600. Buy later back.
August 21, 2017, 07:43:15 PM
Breaking $3900..........
August 21, 2017, 05:50:04 PM
well if all miners suddenly on a whim said "right chaps we all mine bitcoincash!! "
so then theres this this death spiral and bitcoin chain will die we all go to hell
and the world will end in a big giant fireball......
Amen
so then theres this this death spiral and bitcoin chain will die we all go to hell
and the world will end in a big giant fireball......
Amen
Would BCH be so in demand like BTC? What's its background? Developers? Users? Investors? Service providers?
In case of BTC death I would bet on some other alt.
August 21, 2017, 05:44:25 PM
If there was a significant switch of hashrate from BTC to 2x or bch such that it caused BTC to stall for a significant time, couldn't core implement something similar to bch where the diff adjusted down quicker to compensate? If so shouldn't they be thinking of that now just in case this scenario plays out? Or is this unacceptable for some reason?
That would require another hard fork. Then we'd end up with four Bitcoins to play with.
How are improvements/changes made to BTC without hard forking?
Are there certain criteria set in stone that cannot be altered without forking? I guess tinkering with the diff retargeting is one of them.
Is there something I can read to help me understand what can and can't be changed without a fork so I can stop asking stupid questions on the forum 😊?
well if all miners suddenly on a whim said "right chaps, we all mine bitcoincash from now on!! "
so then theres this this death spiral and bitcoin chain will die we all go to hell
and the world will end in a big giant fireball......
Amen
August 21, 2017, 05:43:12 PM
If there was a significant switch of hashrate from BTC to 2x or bch such that it caused BTC to stall for a significant time, couldn't core implement something similar to bch where the diff adjusted down quicker to compensate? If so shouldn't they be thinking of that now just in case this scenario plays out? Or is this unacceptable for some reason?
That would require another hard fork. Then we'd end up with four Bitcoins to play with.
How are improvements/changes made to BTC without hard forking?
Are there certain criteria set in stone that cannot be altered without forking? I guess tinkering with the diff retargeting is one of them.
Is there something I can read to help me understand what can and can't be changed without a fork so I can stop asking stupid questions on the forum 😊?
A restriction on the current ruleset can be a soft fork.
Loosening the rules would need to be a hard fork.
So setting block size down to 500K is a soft fork, up to 2MB is a hard fork.
500K is less than the current rules, so its more restrictive.
August 21, 2017, 05:29:24 PM
If there was a significant switch of hashrate from BTC to 2x or bch such that it caused BTC to stall for a significant time, couldn't core implement something similar to bch where the diff adjusted down quicker to compensate? If so shouldn't they be thinking of that now just in case this scenario plays out? Or is this unacceptable for some reason?
That would require another hard fork. Then we'd end up with four Bitcoins to play with.
How are improvements/changes made to BTC without hard forking?
Are there certain criteria set in stone that cannot be altered without forking? I guess tinkering with the diff retargeting is one of them.
Is there something I can read to help me understand what can and can't be changed without a fork so I can stop asking stupid questions on the forum 😊?
August 21, 2017, 05:26:03 PM
If there was a significant switch of hashrate from BTC to 2x or bch such that it caused BTC to stall for a significant time, couldn't core implement something similar to bch where the diff adjusted down quicker to compensate? If so shouldn't they be thinking of that now just in case this scenario plays out? Or is this unacceptable for some reason?
Its a last resort, and will require a hard fork.
After the difficulty change the BTC chain will be open to 51% attacks (by the massive mining power on the other chain) trying to put the final nails in the coffin, so there will need to be a POW change also, and this will alienate any miners who had stayed on the original BTC chain.
I don't think an emergency hard fork is going to be easy to get installed by everyone, but there may be no choice.
August 21, 2017, 04:14:59 PM
As far as I can understand, everybody pumping bcc is either a fool or in bad faith
via Imgflip Meme Generator
via Imgflip Meme Generator August 21, 2017, 04:00:11 PM
If there was a significant switch of hashrate from BTC to 2x or bch such that it caused BTC to stall for a significant time, couldn't core implement something similar to bch where the diff adjusted down quicker to compensate? If so shouldn't they be thinking of that now just in case this scenario plays out? Or is this unacceptable for some reason?
That would require another hard fork. Then we'd end up with four Bitcoins to play with.
August 21, 2017, 03:55:54 PM
If there was a significant switch of hashrate from BTC to 2x or bch such that it caused BTC to stall for a significant time, couldn't core implement something similar to bch where the diff adjusted down quicker to compensate? If so shouldn't they be thinking of that now just in case this scenario plays out? Or is this unacceptable for some reason?
Slower blocks may help us to hodl harder. It's a feature, not a bug.
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