Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16826. (Read 26711437 times)

legendary
Activity: 1946
Merit: 1035
Unsurprisingly, the mempool has run so dry it's actually impressive

Code:
$ bitcoin-cli getmempoolinfo
{
  "size": 160,
  "bytes": 570044,
  "usage": 1013008,
  "maxmempool": 300000000,
  "mempoolminfee": 0.00000000
}

I guess a few more blocks and they won't even be anywhere near 1 MB Smiley

legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
Remember, to get the very best view of the eclipse, you must look directly at the sun for five minutes.

Eclipse is still three weeks away.
legendary
Activity: 1078
Merit: 1441
Isn't BCC more of a ....... splinter at the moment than a fork or a split?

Unless we are going to get stabbed in the back with a fork by surprise of course... from an attacker hiding in the shadows... waiting to pounce.


Pesky Bitcoiners ;/


A schism is probably the most suitable term. And just think, BCC has Bitcoin Jesus on their side.  Roll Eyes

But currently a schism between an elephant and ....a goat?

Who knows maybe even a baby goat? Baaah who am I kiddin'?

More like an elephant and a ferret?
legendary
Activity: 1806
Merit: 1828
Isn't BCC more of a ....... splinter at the moment than a fork or a split?

Unless we are going to get stabbed in the back with a fork by surprise of course... from an attacker hiding in the shadows... waiting to pounce.


Pesky Bitcoiners ;/


A schism is probably the most suitable term. And just think, BCC has Bitcoin Jesus on their side.  Roll Eyes
legendary
Activity: 1078
Merit: 1441
Isn't BCC more of a ....... splinter at the moment than a fork or a split?

Unless we are going to get stabbed in the back with a fork by surprise of course... from an attacker hiding in the shadows... waiting to pounce.


Pesky Bitcoiners ;/

legendary
Activity: 2142
Merit: 1065
✋(▀Ĺ̯ ▀-͠ )
No Fork?
-snip-

No Fork for you  Tongue
Oops breaking...News: BIP148 activated with no split or other issues. The Bcash split will happen later today (UTC).
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
Whats the scoop on trezor, can you move BCC directly to an exchange from there ? I wanna dump that garbage first thing tom morning

They are going to do a firmware update to the Trezor, and it will include some process to move the BCC to different addresses. No firm date when the firmware will be available. You may have to wait, and by that time, your BCC will probably be dust unless you have lots of BTC.

https://blog.trezor.io/bitcoin-cash-hard-fork-chain-split-safe-guide-abbe3e9c553f

Does ledger's coin splitting process occur more quickly?

https://blog.ledger.co/securing-your-free-bitcoin-cash-stash-d50aff765688

Right after fork they will enable a BTC/BCC selector in the chrome app similar to the one already in place for ETH/ETC. So it will be pretty easy and straightforward.
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
Confusing because I thought that BIP148 was a non-issue and that BIP91 pretty much nullified BIP148 because it accomplishes the same objectives that are outlined in BIP148 and even BIP148 has language to the effect that it is nullified if segwit BIP141 is in the process of locking in or maybe it has to be locked in for BIP148 to be nullified?

It is very confusing indeed. Here is my understanding, but I might be wrong, feel free to correct me.

UASF (BIP148) is logically redundant because of BIP91, which share the same SegWit (BIP141) implementation, but with a different activation time: as I'm writing this, there are still 1325 blocks remaining before BIP141 is expected to lock in, while BIP148 starts just about now. But using SegWit before BIP141 activates would be silly because SegWit requires "protection" from network consensus made for SegWit (sorry for the massive oversimplification), and there are not enough BIP148 nodes on the network to offer this.


I don't know if you are correct or not; however, my thoughts were that whether BIP148 would technically activate at midnight 8/1 and technically there are rules that might fall in place because of its existence - nonetheless, I thought that a large majority of nodes and/or miners are just ignoring the fuck out of BIP148 because it has ben surplanted by BIP91, et al.

Sure, BIP148 was very likely a motivator that got folks moving in terms of segwit2x and also BIP91 that attempts to reconcile segwit2x with BIP141 - and BIP 148 is no longer in the formula of motivators because it already did what it had to do - which is get some nodes and miners from sitting on their hands and to make some progress towards BIP141 - otherwise the threat of BIP148 was looming in the background.

Yeah, BIP148 may have also served as a model and motivator for the whole Bitcoincash hardfork to be propagandized and propagated by folks who did not like the way the whole BIP91 jumped into the space to cause a very decent likelihood of segwit without the 2x part.. and they wanted to link the 2x part, and it became more and more and more clear that the 2x part was likely not going to follow because there was not sufficient support for such.. so what the fuck.. hardfork anyhow, whether you have support or not... goofballs. 


legendary
Activity: 1078
Merit: 1441


... Impending BCC Dump and Pump and Dump and Dump?!

0_o





legendary
Activity: 1078
Merit: 1441
Hmm, but what about BIP148? I thought that was at midnight.


Correct, but seeing as of block 477120 miners have been rejecting blocks that are not signalling BIP 141 (bit 1) via the BIP 91 doesn't that make BIP 148 effectively obsolete ? I believe that majority of hash power would have had to be achieved by the deadline that the USAF guys set/wanted i.e Aug 1st otherwise they would have pushed to activate SegWit through USAF BIP 148 August 1 00:00 UTC but this is already being achieved via BIP 91 - so any users running Bip 148 nodes will be rejecting any non 1 bit blocks. Backward compatible anyways (and currently around 15% of nodes are running UASF/Bip 148 Nodes)  and looks like Segwit BIP 141 will lock in 8th Aug
legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist
WTF? So is Roger Ver full of shit? Is this BCC fork thing not happening now?

I swear to the gods, if that guy and the whole lot of them was bullshitting this whole time about a fork, then I think it's time to gather up the torches, pitchforks, and some rope, fellas. We need to end this FUD garbage once and for all.
Maybe they just wanted us to send all our coins to exchange addresses so blockchain analysis companies have an easier time tracking addresses. Tinfoil hat off. You never know what's going on in the minds of people, who knows what might have been the real motive.

Haha, Jeff Garzik must be making a killing if that's the case. He was probably the evil mastermind who had this all planned out since 2010!
legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist
Whats the scoop on trezor, can you move BCC directly to an exchange from there ? I wanna dump that garbage first thing tom morning

They are going to do a firmware update to the Trezor, and it will include some process to move the BCC to different addresses. No firm date when the firmware will be available. You may have to wait, and by that time, your BCC will probably be dust unless you have lots of BTC.

https://blog.trezor.io/bitcoin-cash-hard-fork-chain-split-safe-guide-abbe3e9c553f

Does ledger's coin splitting process occur more quickly?

If you want to be safe, it's kind of irrelevant. I wouldn't be moving any coins anywhere for at least 2 days or so anyway.

My plan is to HODL for a little while, and wait for a dead cat bounce. I may possibly wait for a Ver/Jihan/Big Blocker pump. I'd be surprised if they just let BCC get permanently ground into dust right from the start.
legendary
Activity: 1260
Merit: 1116
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
WTF? So is Roger Ver full of shit? Is this BCC fork thing not happening now?

I swear to the gods, if that guy and the whole lot of them was bullshitting this whole time about a fork, then I think it's time to gather up the torches, pitchforks, and some rope, fellas. We need to end this FUD garbage once and for all.
Maybe they just wanted us to send all our coins to exchange addresses so blockchain analysis companies have an easier time tracking addresses. Tinfoil hat off. You never know what's going on in the minds of people, who knows what might have been the real motive.
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
Whats the scoop on trezor, can you move BCC directly to an exchange from there ? I wanna dump that garbage first thing tom morning

They are going to do a firmware update to the Trezor, and it will include some process to move the BCC to different addresses. No firm date when the firmware will be available. You may have to wait, and by that time, your BCC will probably be dust unless you have lots of BTC.

https://blog.trezor.io/bitcoin-cash-hard-fork-chain-split-safe-guide-abbe3e9c553f

Does ledger's coin splitting process occur more quickly?
legendary
Activity: 1806
Merit: 1828
Thank you for your reply, so essentially they are trading something that isn't even here yet! Maybe something like futures? Wow, what happens if the split does not really take place? or is the split imminent... sorry for the n00b questions, but this is all so confusing! Smiley

Hilarity ensues, I guess?

BCC virtual token buyers get screwed over. People getting screwed over by buying coins on Yobit that are now worthless is not new.  Grin
legendary
Activity: 3794
Merit: 5474
WTF? So is Roger Ver full of shit? Is this BCC fork thing not happening now?

I swear to the gods, if that guy and the whole lot of them was bullshitting this whole time about a fork, then I think it's time to gather up the torches, pitchforks, and some rope, fellas. We need to end this FUD garbage once and for all.
legendary
Activity: 1946
Merit: 1035
Thank you for your reply, so essentially they are trading something that isn't even here yet! Maybe something like futures? Wow, what happens if the split does not really take place? or is the split imminent... sorry for the n00b questions, but this is all so confusing! Smiley

Hilarity ensues, I guess?

Seriously, the fork is likely to happen. The value of the forked coin (Cash) is mostly unknown. So is the behavior of the new untested chain, to a certain extent at least. Yes, things might go wrong.
legendary
Activity: 1022
Merit: 1005
This is so confusing, users on Yobit exchange are already selling BCC and it is tanking as expected. If the fork has not happened yet, where on earth are they getting the BCC from? Can some please explain? Thanks!

They are virtual IOU tokens. Also, Yobit is not allowing BTC withdrawals or deposits. So you cannot claim anymore BCC going that route.

Thank you for your reply, so essentially they are trading something that isn't even here yet! Maybe something like futures? Wow, what happens if the split does not really take place? or is the split imminent... sorry for the n00b questions, but this is all so confusing! Smiley

Yobit pulls coins out of their ass, no joke.

My question, is this a possible indicator to how people would react to BCC IF the split happens? Tongue
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