Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16730. (Read 26711601 times)
August 08, 2017, 08:03:30 AM
Has anyone here tried sending a paper/brain wallet (with no BTC but with BCC/BCH) directly to an exchange such as Kraken/Bittrex and it credits you the BCC/BCH you were entitled to or do I have to import into a BCC/BCH wallet first, then transfer to exchange?
August 08, 2017, 07:57:43 AM
Other conferences with fewer scammers are available
August 08, 2017, 07:43:18 AM
If Litecoin Segwit activation process is of any reference to Bitcoin, we should expect a sharp rise when lock-in is certain
Litecoin dumped like someone jumping off a building soon as segwit activated (probably because segwit changes mostly nothing since lightning network will only work in a centralized manner).
Yes, it did right after ACTIVATION. We are talking about lock-in here.
Yep - and on productive ACTIVATION you need to listen here:
http://bitkan.com/event?from=bitcoinmagazinearticle
August 08, 2017, 07:35:52 AM
If Litecoin Segwit activation process is of any reference to Bitcoin, we should expect a sharp rise when lock-in is certain
Litecoin dumped like someone jumping off a building soon as segwit activated (probably because segwit changes mostly nothing since lightning network will only work in a centralized manner).
Yes, it did right after ACTIVATION. We are talking about lock-in here.
August 08, 2017, 07:34:40 AM
If Litecoin Segwit activation process is of any reference to Bitcoin, we should expect a sharp rise when lock-in is certain (in a few hours) and a slower growth during the next days until activation. Then a mild dip and afterwards a slow grow upwards.... But that was Litecoin.
Read some of the previous posts before you respond. I don't know how widespread this website is: https://www.xbt.eu/, but it is pretty safe to say that lock-in is certain. Quote
142 blocks before current lock-in period ends.
Still 42 blocks needed for a lock-in.
100% SegWit blocks mined in this lock-in period.
Just 29.6% SegWit blocks needed for a lock-in!
ETA 6 hours for a lock-in -> upwards of $3.5k today?Still 42 blocks needed for a lock-in.
100% SegWit blocks mined in this lock-in period.
Just 29.6% SegWit blocks needed for a lock-in!
What site do you think I use to keep track of current status?
I think you are using a different meaning for CERTAINTY.
Lock-in will be certain when all the needed blocks for lock-in has been mined. That will happen when 41 additional BIP141 blocks have been mined.
Yes, I would expect 3.5K to be breached by then IF Litecoin reference is of any use here. Maybe not.... but until now it is happening similarly except with less radical movement.
August 08, 2017, 07:30:01 AM
If Litecoin Segwit activation process is of any reference to Bitcoin, we should expect a sharp rise when lock-in is certain and during the next days until activation. Then a mild dip and afterwards a slow grow upwards.... But that was Litecoin.
The thing with the Litecoin Segwit rally (s) is that they were interrupted by goings on with BTC - when BTC shit the bed- it dragged LTC and the rest of the market downwards in its wake. Some of the effects of the SegWit rally were seen simply in LTC holding its price, bouncing harder or not falling as much as the rest of the market which was trending red. There was some normal profit taking too- and a heavy retrace ,as there quite often is - but it seemed to me to be triggered by BTC selloffs - and sure after Segwit some "sold the news"
I am not disagreeing with you just saying there was some noise caused by BTC throwing a wobbly.
I guess Segwit - and BCH *out of the way - paves the way forward - removes some uncertainty - hence the market reaction.
x2 fandango next
(*or is it?)
August 08, 2017, 07:28:52 AM
Read some of the previous posts before you respond.
Dude nobody does that. Where have you been? What on earth are you talking about? Stop being so silly.
August 08, 2017, 07:23:50 AM
If Litecoin Segwit activation process is of any reference to Bitcoin, we should expect a sharp rise when lock-in is certain
Litecoin dumped like someone jumping off a building soon as segwit activated (probably because segwit changes mostly nothing since lightning network will only work in a centralized manner).
August 08, 2017, 07:22:29 AM
If Litecoin Segwit activation process is of any reference to Bitcoin, we should expect a sharp rise when lock-in is certain (in a few hours) and a slower growth during the next days until activation. Then a mild dip and afterwards a slow grow upwards.... But that was Litecoin.
Read some of the previous posts before you respond. I don't know how widespread this website is: https://www.xbt.eu/, but it is pretty safe to say that lock-in is certain. Quote
142 blocks before current lock-in period ends.
Still 42 blocks needed for a lock-in.
100% SegWit blocks mined in this lock-in period.
Just 29.6% SegWit blocks needed for a lock-in!
ETA 6 hours for a lock-in -> upwards of $3.5k today? Still 42 blocks needed for a lock-in.
100% SegWit blocks mined in this lock-in period.
Just 29.6% SegWit blocks needed for a lock-in!
August 08, 2017, 07:19:12 AM
If Litecoin Segwit activation process is of any reference to Bitcoin, we should expect a sharp rise when lock-in is certain (in a few hours) and a slower growth during the next days until activation. Then a mild dip and afterwards a slow grow upwards.... But that was Litecoin.
August 08, 2017, 07:12:40 AM
Some price points from today's 'news':
One ditzy blonde anglo 20-yr tart £230,000 ~= BTC87.16
http://www.bbc.co.uk/news/uk-40858323 Milan kidnap case: Chloe Ayling was to be 'sold in Middle East'
One rather random shipload of animal feed for inept Spanish farmers £6,360,000 BTC2414
http://www.agriland.ie/farming-news/over-26000t-of-barley-departs-uk-shores-on-a-200m-long-vessel/
https://www.soilassociation.org/farmers-growers/market-information/price-data/arable-price-data/
One comic book company ~$75,000,000 BTC21,760
http://www.aastocks.com/en/stocks/news/aafn-content/NOW.818871/world-markets
http://variety.com/2017/digital/news/netflix-acquires-mark-millar-millarworld-kingsman-kick-ass-1202517270/
One tv company ~$80,000,000,000 BTC(23,140,000)
https://ycharts.com/companies/NFLX/enterprise_value
One ditzy blonde anglo 20-yr tart £230,000 ~= BTC87.16
http://www.bbc.co.uk/news/uk-40858323 Milan kidnap case: Chloe Ayling was to be 'sold in Middle East'
One rather random shipload of animal feed for inept Spanish farmers £6,360,000 BTC2414
http://www.agriland.ie/farming-news/over-26000t-of-barley-departs-uk-shores-on-a-200m-long-vessel/
https://www.soilassociation.org/farmers-growers/market-information/price-data/arable-price-data/
One comic book company ~$75,000,000 BTC21,760
http://www.aastocks.com/en/stocks/news/aafn-content/NOW.818871/world-markets
http://variety.com/2017/digital/news/netflix-acquires-mark-millar-millarworld-kingsman-kick-ass-1202517270/
One tv company ~$80,000,000,000 BTC(23,140,000)
https://ycharts.com/companies/NFLX/enterprise_value
August 08, 2017, 07:04:16 AM
Usually when the MSM starts to give a heads up on something, it means that they are about 6 months behind when it all started. So now I'm assuming that the price rise we've had since the beginning of the year has likely been attributed to insider hedge fund investors already getting in ahead of the rest before the "official announcement".
There's just no way that all this money coming in is from Average Joe & Jane.
Interesting comparison that reflects current trend:
https://trends.google.com/trends/explore?q=buy%20bitcoin,buy%20ethereum
https://trends.google.com/trends/explore?q=buy%20bitcoin,buy%20ethereum
I'm not really surprised. The hype and excitement around ETH is waning. Likely from people finally waking up and going "Wait a minute.... you mean the whole premise of ETH is that I've got to buy some first before I can use an ETH-platform based app, when there will be other similar apps out there I can use for free? So what is the motivator behind that again? Why would I want to do that?"
Also, I always knew this year that the alt pumping was just a way to distract people away from the Bitcoin show.
August 08, 2017, 06:48:45 AM
Interesting comparison that reflects current trend:
https://trends.google.com/trends/explore?q=buy%20bitcoin,buy%20ethereum
https://trends.google.com/trends/explore?q=buy%20bitcoin,buy%20ethereum
August 08, 2017, 06:42:01 AM
Fuck that noise. I'm thinking $5k is achievable sooner than we'd expect.
looks like someone forgot that in the past BTC crashed 90% or so. Now it would mean plunging back to $300.
I would not bet the farm on a single scenario, even thanks to the imminent mining wars with that alt.cash thing.
I think this whole thing is going to collapse like a house of cards once people figure out lightning network does not and never will work in a decentralized manner. Literally NOTHING has changed in bitcoin in the last 5 years. Decentralization is not solved (it's completely centralized), scaling is not solved, the only thing that's solved is knowing a single entity (probably Bitfinex owners) control the price on their fraudulent exchange.
Bitcoin has better economic properties than gold and fiat, comparisons have been made years ago. You are boring, roach.
100% lie. LOL "comparisons", you mean comparisons from paid shill pumpers like Antonopolous? Bitcoin has far worse fundamentals than metals as money, nor is it even fungible so doesn't qualify as money in the first place. You people have lied to yourself so many times you're starting to believe your own nonsense. We're talking about imaginary super mario tokens vs real world goods here. Since the fucking thing is imaginary, the most it can be is just an IOU. Right now you can ditch your IOUs for something that actually does have value, but that will not always be the case.
August 08, 2017, 06:39:24 AM
Bitcoin has better economic properties than gold and fiat, comparisons have been made years ago. You are boring, roach.
August 08, 2017, 06:35:02 AM
Fuck that noise. I'm thinking $5k is achievable sooner than we'd expect.
looks like someone forgot that in the past BTC crashed 90% or so. Now it would mean plunging back to $300.
I would not bet the farm on a single scenario, even thanks to the imminent mining wars with that alt.cash thing.
August 08, 2017, 06:27:00 AM
I get a little nervous when MSM starts actually turning pro-bitcoin. I always think, "Why are they suddenly promoting it? What's in it for them?"
Congratulations for being the only non-idiot in the thread. Bitcoin is a tool for them to try and keep people out of the highley strained metals market only being propped up temporarily by rehypothecation while also helping acclimate people into the de-cashing of society and integration into a cashless society control grid. They'll allow bitcoin to go up a bit then mercilessly implode it and claim "Oh, so sad, that darn bitcoin is just not dependable and was used by too many launderers and criminals anyway. We'll have to issue a government coin that's much more dependable with built in KYC so people won't lose money!"
Too bad for them this plan doesn't work. Western investors are literally mentally retarded and metals demand drops off a cliff when the price is low while demand is huge in the rest of the world like China right now.
Westerners always jump in to FOMO buy at the top and don't buy anything at the bottom.
I'm afraid this metals shit will never pan out, sorry. And I actually hold a fair amount of physical PM's. Good thing I got into bitcoin.
Kind of irresponsible to be recommending dead-in-the-water metals. Too much of a long shot unless you're praying for an apocalypse.
Much better to get into bitcoin, turn a profit, then buy a few coins and bars for fun but they'll never really amount to much anyways.
Not sure why you push gold and silver so much. Its kind of laughable. What a shitty investment atm. Price will probably drop lol.
It's laughable you have so many scamming children claming bitcoin is going to be the new world reserve currency when it has poor fundamentals as both money and currency. It's useless as a settlement unit (money) due to having built in rent seeking middlemen (transaction validators) and doesn't remove counter party risk. Those are attributes you find in things like fiat currencies, not real money. It also performs poorly as a currency due to huge overhead from triple entry accounting (and Lightning network doesn't function in a decentralized manner so don't even give me that bs).
It's designed to perform bad at anything you would want a monetary instrument to do while also not being fungible either. But such things don't interest mindless children, all they care about is if Jim Cramer gives it a thumbs up or not. Meanwhile, all the smart money in the world is buying low instead of high and getting metals while the Jewish banking ESF has manipulated them down to cost of production. Metals are the Schelling point when faith wanes in debt based fiat bills, not bitcoin.
August 08, 2017, 06:15:44 AM
unless you're praying for an apocalypse.
I used to, but apocalypse is a young man's game...getting too old to live on iguana on a stick and peanut butter.
Me too, now I'm trying to make sure I don't have to live live that kind of life even if there is an apocalypse.
August 08, 2017, 05:43:27 AM
Alright, I'm getting bearish now.
Let's all remind ourselves of the price on January 1st: about $970. So the price has multiplied by about 3.5 since the start of the year, and $1000 was pretty much the ATH before.
I know there's SegWit and everything but this price is ridiculous. I've been buying a lot of stuff with it now. It's not like some casual investors on the sidelines are shoving up the price by hundreds of dollars in a matter of hours.
Better that than looking at (and betting on) price increasing while staying in USD like me Let's all remind ourselves of the price on January 1st: about $970. So the price has multiplied by about 3.5 since the start of the year, and $1000 was pretty much the ATH before.
I know there's SegWit and everything but this price is ridiculous. I've been buying a lot of stuff with it now. It's not like some casual investors on the sidelines are shoving up the price by hundreds of dollars in a matter of hours.
August 08, 2017, 05:34:37 AM
So what's the consensus (do you see what I did there?) on this?
https://www.reddit.com/r/Bitcoin/comments/6sbacg/bitcoin_core_0150_will_automatically_disconnect/
Core nodes don't want to play with 2X ones.
https://www.reddit.com/r/Bitcoin/comments/6sbacg/bitcoin_core_0150_will_automatically_disconnect/
Core nodes don't want to play with 2X ones.
The way I see it, this update protects plain (segwit) nodes from being cut off from their network if they have their peers.dat stuffed up with 2x nodes at the time of the fork. It also means 2x nodes should be doing more or less the same if they want to be sure to have "useful" peers ready when the time comes.
Don't know why Garzik is putting on such a racket about that.
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