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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16721. (Read 26711437 times)

legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Is this "sell the news" or speculation that once SegWit gets activated there will be problems?

Or just the fact that the price stopped climbing so people will take this opportunity to sell some coins until the next leg up.
hero member
Activity: 1011
Merit: 721
Decentralize everything
hero member
Activity: 656
Merit: 501
XBY - New Tech Coin (POSIGN) xtrabytes.global
SegWit lock-in this period? YES!
12 blocks left before technical lock-in.
ETA ≈Wed, 09 Aug 2017 12:20:39 GMT
sr. member
Activity: 274
Merit: 251
legendary
Activity: 981
Merit: 1005
No maps for these territories
full member
Activity: 182
Merit: 100
nobody can tell, everybody is on his own in this fun Smiley
hero member
Activity: 659
Merit: 500
Zepher is scammer!:)
Buy the dip  GrinBTC

 Dip will be at 3000$??  Or now we go to 4000$?
full member
Activity: 308
Merit: 100
legendary
Activity: 1260
Merit: 1000
Can we gas the kikes already, so i dont have to see these posts anymore.

Better Call R0ach! He's an expert! Smiley

We have a more effective solution:

http://www.youtube.com/watch?v=TldZPwUW12g
legendary
Activity: 2520
Merit: 3038
https://www.youtube.com/watch?v=ep4HtGgOdjw
This time bitcoin will split in two. No one can force core nodes to accept 2x part, no matter what miners do. For the price of BTC this is bad of course. The last pump was glorious indeed, but it still is a pump, not a real slow progression in price caused by an increased demand. Not at all! Chinese miners exploited the lack of sell walls in Saturday to pump it to 3K hoping the traders will continue the rise to 4K and then they will sell everything down to 2K again. This time I will cash out and wait until the end of the storm.  Wink

Indeed i'm surprised that this Pullrequest hasn't got more attention. Disconnecting from SegWit2x Nodes doesn't sound good to me...  Undecided

I don't think it's so bad as it looks on paper. SegWit2x is who SegWit2x does. What's the use of staying connected with incompatible nodes that propagate blocks of the wrong size and might shield you from useful, compatible peers? The same could be said on either side - normal nodes and SegWit2x nodes.
legendary
Activity: 2520
Merit: 3038
Fractional reserve is impossible with LN

Ha. Hahaha. Hahahahahahahahaha!

You've obviously thought through how the system will naturally evolve.

I haven't yet. Waiting for my crystal ball to get back repaired from the factory. It never worked as advertised.

However, I have read through how LN works technically. You can't open a channel that's not backed up by hard cash (btc). No promissory notes or other IOUs. You got the btc, you can open the channel - minnow or whale makes no difference. As for future natural evolution, only time will tell. Do you have a forecast to offer?
hero member
Activity: 569
Merit: 505
https://www.youtube.com/watch?v=ep4HtGgOdjw
This time bitcoin will split in two. No one can force core nodes to accept 2x part, no matter what miners do. For the price of BTC this is bad of course. The last pump was glorious indeed, but it still is a pump, not a real slow progression in price caused by an increased demand. Not at all! Chinese miners exploited the lack of sell walls in Saturday to pump it to 3K hoping the traders will continue the rise to 4K and then they will sell everything down to 2K again. This time I will cash out and wait until the end of the storm.  Wink

Indeed i'm surprised that this Pullrequest hasn't got more attention. Disconnecting from SegWit2x Nodes doesn't sound good to me...  Undecided
legendary
Activity: 2520
Merit: 3038
$4.5T in unfunded liabilities is already gone and can't be paid.

More like $107 trillion.
http://usdebtclock.org/
And that's just the USA.

Sad thing is we're falling into the same trap with segwit and off-chain scaling. Right back into the bankers hands. There'll be barely a hickup during the transition to a "Bitcoin"-based economy. What a joke.

What do you mean, same trap? Can you explain? Fractional reserve is impossible with LN, and anyone can set up a channel by locking the collateral. Seems like a fresh start.

We're being herded back into communal pools. The Bitcoin blockchain allows individuals to remain independent. Segwit and second layers are like taps that will funnel off power away from the blockchain.
Ah, I see what you mean now.

Indeed, the second layer solutions we have today are akin to dealing with a bank: "I keep the books, that's to you, this I keep" and so on. These solutions are mostly used by exchanges (banks in their own way) after all. LN itself, however, is technically egalitarian in a way similar to bitcoin. Wanna open that channel? Lock 0.05 btc, ok, channel open. You can't transact more than those 0.05 on that channel. This is all I meant when I said fractional reserve is impossible.
sr. member
Activity: 1176
Merit: 297
Bitcoin © Maximalist
Looking at Bitcoins release schedule, I just can say scream get your Bitcoins organized
https://bitcointalksearch.org/topic/m.20734525
legendary
Activity: 1358
Merit: 1016
So, who hasnt sold their BCH ? I havent, dunno why not. Gut's telling me hodl.

Too lazy and unmotivated to cash out. Will let it ride and see what happens.

I figured I'd dump as soon as Kraken started accepting BCH deposits, but decided against it for the time being.

Let's see how high they try to pump that crap.


I think bitcoin people are lazy people. Because they are smart AF!!! Smiley

I'd like to agree with this statement.
hero member
Activity: 1876
Merit: 612
Plant 1xTree for each Satoshi earned!
So, who hasnt sold their BCH ? I havent, dunno why not. Gut's telling me hodl.

Too lazy and unmotivated to cash out. Will let it ride and see what happens.

I figured I'd dump as soon as Kraken started accepting BCH deposits, but decided against it for the time being.

Let's see how high they try to pump that crap.


I think bitcoin people are lazy people. Because they are smart AF!!! Smiley
legendary
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
Not a French Revolution style revolt please. I want to keep my head.

If you are not a wealthy Oligarch banker then you have nothing to worry about.  Wink

You need to go back and study the French revolution some more. You could have been a revolutionary in 1789 and be accused of being a reactionary conservative in 1793 and get your head chopped off - without having changed your political opinions one bit. At that point wealth had nothing to do with ho gets killed.

Perhaps you mean all-out revolution? Well, I'm pretty sure that in the U.S. that is coming soon. Likely a French Revolution style revolt. Many here would be all-in on that. Grin

How about this time around, instead of destroying the status quo with all kinds of violence and figuring that the rest will take care of itself (like what George Bush tried to do in Iraq), we start out building and testing the better system. That's actually the beauty of the crypto revolution: we are building decentralized money and decentralized forms of governance first. Testing them out, one step at a time. When they are really working, there will be no need for a violent revolution. Existing systems will crumble under their own weight (e.g.: Venezuela) and better, decentralized systems will be already in place to take up the slack.

No need for war. Please.


It is rare to see this sentiment articulated anywhere so I will just quote it and say how much I agree. Grow alternatives from the bottom up. If we smash the current status quo without alternative systems in place people will shy away from the chaos which ensues and call for the safe comforting strong hand of a dictator.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
Can we gas the kikes already, so i dont have to see these posts anymore.


Better Call R0ach! He's an expert! Smiley

hero member
Activity: 1876
Merit: 612
Plant 1xTree for each Satoshi earned!
Can we gas the kikes already, so i dont have to see these posts anymore.


Better Call R0ach! He's an expert! Smiley
hero member
Activity: 605
Merit: 634
I saw one of the nephews a week ago, he recently noticed current price.

Nephew: "OMG it's up a thousand percent".
Me: "It's up a lot more than that".
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