Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16854. (Read 26712842 times)

legendary
Activity: 3431
Merit: 1233
This is a no brainer. Hold both your BTC and BCC.  

This is true only if you value fiat more than bitcoin. If not, only important consideration is how many BTC you'll buy by selling your BCC. If BTC appreciates faster than BCC then your "hold both" strategy is losers choice.


If you can predict BCC and BTC price 6 months out you should already be a rich retired trader who does not need to hang out on crypto forums:)

I don't need to predict BTC and BCC price in 6 month. I know that in 6 months you'll need much more BCCs to buy 1 BTC than in 6 days. Thats only thing you need to know to make the right choice!
legendary
Activity: 1288
Merit: 1087

he also all guaranteed us that segwit would stay only on litecoin and bitcoin would never ever be permitted to scale in any way whatsoever. now it's doing it 'twice'.
newbie
Activity: 20
Merit: 0
c) Hodl. Elites want BCC to be the new Bitcoin, and it will absorb almost all the market cap of the real Bitcoin (ok, yeah, sometimes i have conspiranoic nightmares with all this kind of stuff). Or simply hold because it is free.

What would you guys choose?

c

Thanks Torque, because you think BCC will be the new BTC, or just because it is free and you want to hold and see what happens? Damn, i hate option C because i want more BTC lol

I think BTC will remain dominant in the long term. But I recommend holding and being patient because I've learned in life that, when in doubt about the outcome of a situation, the best thing to do is to wait for the smoke to clear and see what's what.

My opinion is that over time BCC will be the poster boy altcoin to BTC that will on occasion get pumped to the moon by the Roger/Jihan/CraigWright camp over and over again in order to attempt to divide the Bitcoin community. They will become like financial terrorists, but they will be doing it really to bleed more money from their hapless followers. Hopefully it won't work as smart people can see through the con.

In the end it's not about what something costs on the market that give it value. It's about is fundamental attributes and core principles.

For example, do you think that SNAP is worth what it reportedly is on the U.S. stock market? Supposedly worth Billions$? A silly phone chat/photo app that makes no money and will never be monetized, like ever?

SNAP is worth absolutely nothing. It's the digital equivalent of Dutch Tulips or Beanie babies. Perceived worth is not real worth.

I basically agree.
I'd rather miss out on, potentially, a few hundred $ in "free" money per BTC in order to hedge against the potential upward price manipulation of BCC.

Most BCC holders will dump the coin to oblivion over the first few days of Aug., easily giving Ver and others a very cheap buying opportunity. When you're wealthy as hell, control all the coins, and control viabtc (one of the primary BCC exchanges, it seems), it seems rather trivial to pump the price up so that BCC > BTC. Then they can claim that, "The market has chosen."
I just want to add that companies like Coinbase that officially not support BCC, but keep clients' private keys will also get BCCs "behind the curtains". If they keep most of bitcoins on cold wallets they get BCC even if they hate them so much.   They have obligations for their clients in BTC only. That's why they are going to sell BCC ASAP.
 I expect huge demand for BTC in term of BCC first days. Never sell when everyone sells :-)
legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist
c) Hodl. Elites want BCC to be the new Bitcoin, and it will absorb almost all the market cap of the real Bitcoin (ok, yeah, sometimes i have conspiranoic nightmares with all this kind of stuff). Or simply hold because it is free.

What would you guys choose?

c

Thanks Torque, because you think BCC will be the new BTC, or just because it is free and you want to hold and see what happens? Damn, i hate option C because i want more BTC lol

I think BTC will remain dominant in the long term. But I recommend holding and being patient because I've learned in life that, when in doubt about the outcome of a situation, the best thing to do is to wait for the smoke to clear and see what's what.

My opinion is that over time BCC will be the poster boy altcoin to BTC that will on occasion get pumped to the moon by the Roger/Jihan/CraigWright camp over and over again in order to attempt to divide the Bitcoin community. They will become like financial terrorists, but they will be doing it really to bleed more money from their hapless followers. Hopefully it won't work as smart people can see through the con.

In the end it's not about what something costs on the market that give it value. It's about is fundamental attributes and core principles.

For example, do you think that SNAP is worth what it reportedly is on the U.S. stock market? Supposedly worth Billions$? A silly phone chat/photo app that makes no money and will never be monetized, like ever?

SNAP is worth absolutely nothing. It's the digital equivalent of Dutch Tulips or Beanie babies. Perceived worth is not real worth.

I basically agree.
I'd rather miss out on, potentially, a few hundred $ in "free" money per BTC in order to hedge against the potential upward price manipulation of BCC.

Most BCC holders will dump the coin to oblivion over the first few days of Aug., easily giving Ver and others a very cheap buying opportunity. When you're wealthy as hell, control all the coins, and control viabtc (one of the primary BCC exchanges, it seems), it seems rather trivial to pump the price up so that BCC > BTC. Then they can claim that, "The market has chosen."
legendary
Activity: 1806
Merit: 1164
This is a no brainer. Hold both your BTC and BCC.  

This is true only if you value fiat more than bitcoin. If not, only important consideration is how many BTC you'll buy by selling your BCC. If BTC appreciates faster than BCC then your "hold both" strategy is losers choice.


If you can predict BCC and BTC price 6 months out you should already be a rich retired trader who does not need to hang out on crypto forums:)
legendary
Activity: 3431
Merit: 1233
This is a no brainer. Hold both your BTC and BCC.  

This is true only if you value fiat more than bitcoin. If not, only important consideration is how many BTC you'll buy by selling your BCC. If BTC appreciates faster than BCC then your "hold both" strategy is losers choice.


legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
legendary
Activity: 1806
Merit: 1164
Well, I have a dilemma about what to do with the BCC that we will receive after the HF, and those are the options i can see:


a) Dump the shit for real BTC, ASAP!

b) Wait a little, until (...) happens, or markets stabilizes, and then dump the shit.

c) Hodl. Elites want BCC to be the new Bitcoin, and it will absorb almost all the market cap of the real Bitcoin (ok, yeah, sometimes i have conspiranoic nightmares with all this kind of stuff). Or simply hold because it is free.


What would you guys choose?

This is a no brainer. Hold both your BTC and BCC. Remember ETH/ETC fork. Holding both gives you the perfect hedge. If BCC crashes and you want to pick some extra up cheap your call but I would pay with fiat, not with your BTC. You should be able to buy BCC with cash on Kraken.
legendary
Activity: 1512
Merit: 1012
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
legendary
Activity: 3431
Merit: 1233
Free bitcoins is always good.
If I sell the shitcoin right away the chance to buy cheap bitcoins is greater.
legendary
Activity: 1260
Merit: 1116
Before bitcoin cash the centralisers had signaling and noise to scare us.

Now they'll have an actual chain and one that all existing bitcoiners have a stake in.

You think they're gonna let it die? There'll be years of games where they attempt to take market share and crow about usurping btc. You can also bet they're gonna spam the segwt chain to drive fees up again while their wonder chain is cheap.

Agreed. It'll be turtle warfare all the way down.
member
Activity: 63
Merit: 10
Smaller fishes can be younger but also smart ;p

I think BTC will remain dominant in the long term. But I recommend holding and being patient because I've learned in life that, when in doubt about the outcome of a situation, the best thing to do is to wait for the smoke to clear and see what's what.


Nice, really nice. Pretty convincing to me, that is why i fear to dump it. Maybe not worth to win a small portion of BTC when things could change in a future. Thanks Torque, appreciated.
legendary
Activity: 1288
Merit: 1087
Before bitcoin cash the centralisers had signaling and noise to scare us.

Now they'll have an actual chain and one that all existing bitcoiners have a stake in.

You think they're gonna let it die? There'll be years of games where they attempt to take market share and crow about usurping btc. You can also bet they're gonna spam the segwt chain to drive fees up again while their wonder chain is cheap.
member
Activity: 63
Merit: 10
Smaller fishes can be younger but also smart ;p

Well it depends how hard bitmaincoin will be dumped. If it gets dumped hard it maybe makes sense to wait for a little recovery and then dump it.

+1. I was thinking about the same, but some speculation work will be needed. Maybe "bitmaincoin" will never stand up from the floor after that, lol.
legendary
Activity: 3794
Merit: 5474
c) Hodl. Elites want BCC to be the new Bitcoin, and it will absorb almost all the market cap of the real Bitcoin (ok, yeah, sometimes i have conspiranoic nightmares with all this kind of stuff). Or simply hold because it is free.

What would you guys choose?

c

Thanks Torque, because you think BCC will be the new BTC, or just because it is free and you want to hold and see what happens? Damn, i hate option C because i want more BTC lol

I think BTC will remain dominant in the long term. But I recommend holding and being patient because I've learned in life that, when in doubt about the outcome of a situation, the best thing to do is to wait for the smoke to clear and see what's what.

My opinion is that over time BCC will be the poster boy altcoin to BTC that will on occasion get pumped to the moon by the Roger/Jihan/CraigWright camp over and over again in order to attempt to divide the Bitcoin community. They will become like financial terrorists, but they will be doing it really to bleed more money from their hapless followers. Hopefully it won't work as smart people can see through the con.

In the end it's not about what something costs on the market that give it value. It's about is fundamental attributes and core principles.

For example, do you think that SNAP is worth what it reportedly is on the U.S. stock market? Supposedly worth Billions$? A silly phone chat/photo app that makes no money and will never be monetized, like ever?

SNAP is worth absolutely nothing. It's the digital equivalent of Dutch Tulips or Beanie babies. Perceived worth is not real worth.
legendary
Activity: 2461
Merit: 1058
Don't use bitcoin.de if you care about privacy!
Well, I have a dilemma about what to do with the BCC that we will receive after the HF, and those are the options i can see:


a) Dump the shit for real BTC, ASAP!

b) Wait a little, until (...) happens, or markets stabilizes, and then dump the shit.

c) Hodl. Elites want BCC to be the new Bitcoin, and it will absorb almost all the market cap of the real Bitcoin (ok, yeah, sometimes i have conspiranoic nightmares with all this kind of stuff). Or simply hold because it is free.


What would you guys choose?

a) or b)

Well it depends how hard bitmaincoin will be dumped. If it gets dumped hard it maybe makes sense to wait for a little recovery and then dump it.

Makes no sense to hold a centralized shitcoin. It is not even a fork it is an altcoin because of difficulty adjustment.
member
Activity: 70
Merit: 10
Interesting position statement on BCC from Paymium. I read it as "if BCCs are worth anything after a few weeks we'll put some work into enabling you to send them to a private wallet"

Quote
A Bitcoin fork, BCC (or Bitcoin Cash), is likely to launch on August 1st 2017.

If you do not intend to trade with this new BCC altcoin immediately after the launch, you have nothing to do: we have taken and will take all necessary measures to ensure the security of your funds in Bitcoins.

For this reason, we will pause the processing of Bitcoin deposits and withdrawals from July 31st at 23:00 (GMT +1).

Your funds in BTC will be safe but locked on our platform while we monitor the fork process: we will reactivate deposits and withdrawals as soon as we are certain that these transactions will not be disrupted by the fork.

If you intend to trade with Bitcoin Cash immediately after the August 1st launch, you should withdraw your bitcoins before July 31st, 2017 at 23:00 GMT +1.

We do not intend to list this new BCC altcoin on our platform neither in our wallet nor in our marketplace.

However, should the BCC coins gain value in the weeks following the fork, we would arrange for you to withdraw your BCC coins to a BCC wallet.
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
Posted March 13th

Scariest shit I read all day.... to think we just ended up here is naive.

https://twitter.com/bergealex4/status/841240903503114241

Yeah, right. Further down in the tweetthread, he admits he just pulled it outta his ass.

Think, people - like the vampire squid would really lay out their plan ending with the meme "9. profit". Jeebus, y'all be gullible.
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