Only 1,5 years ... and now, the same pattern repeat with SegWit adoption.
Choose wisely ... mathematic rules are just.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16867. (Read 26713125 times)
July 27, 2017, 05:30:26 PM
https://bitcointalksearch.org/topic/m.13664554
Only 1,5 years ... and now, the same pattern repeat with SegWit adoption.
Choose wisely ... mathematic rules are just.
Only 1,5 years ... and now, the same pattern repeat with SegWit adoption.
Choose wisely ... mathematic rules are just.
July 27, 2017, 05:21:59 PM
I do agree that even the BTC-E issue could be somewhat bullish. Let's face it, that exchange was operating completely out of any basic regulation.
There's something wrong with this statement - that seems to be applauding the strong arm of government, and likely stealing and loss of user funds because of governmental actions... The fine of $100million on BTC-e is outrageous and exceedingly likely to cause user funds to be used in either defending the actions or paying the fines.
I don't know if the situation is bullish - even though silk road ended up being bullish, merely because bitcoin was in a different place at that time, and the death of bitcoin had been greatly exaggerated.. there could be some bullish aspects that could take a large quantity of bitcoins out of circulation for an extended time?
There are still lots of people who know very little about bitcoin except that it's used by cybercriminals and it went bankrupt a few years ago when Mt Gox got hacked and all the bitcoins got stolen and the bitcoin CEO got arrested and it's a big scary black box as far as they are concerned. If they hear that the Mt Gox hacker got caught and the good guys are taming the wild beast, it will seem a little bit less scary. Bullish.
July 27, 2017, 05:21:16 PM
Byebye train, have a nice ride 
Why your not happy?
Now bitcoin will play rollercoaster while I'm asleep
Roller coaster not! Rocket yes!
July 27, 2017, 05:20:41 PM
Yeah. See, the thing is: none of that is dependent upon SegWit. A fix for malleability -- any fix for malleability -- simplifies those advances, but even that is not required for the features of which you speak.
The bitcoin market is in deep shit once the general public finds out Lightning Network isn't a valid scaling solution. Sure, it works as a CENTRALIZED scaling solution, but not a decentralized one. Not that the base bitcoin network itself is even decentralized in the first place.
The market can remain irrational longer than you can remain solvent, but on a long enough timeline, dumping bitcoin for silver (while silver is at the floor) is the best move you can make in the long run right now. Sure, some idiot could pump BTC higher, but there is no valid scaling solution, and it's useless without scaling. It's value prospect is also supposed to be based on decentralization, and it's not even decentralized either! There's no god damn fundamentals for it anywhere! It's all just a pump and dump scheme at this point.
July 27, 2017, 05:06:38 PM
Byebye train, have a nice ride
Why your not happy?
Now bitcoin will play rollercoaster while I'm asleep
July 27, 2017, 04:57:58 PM
I keep wondering the same thing.. When are they gonna come and buy some?? Because when they do everything will go apesh!t.. with blood and paper money flying on the walls. The exchanges will go absolutely bonkers! Vertical will be the way! Trying to flush out coins from all corners of the world with a higher, higher and higher price for each coin from those that hodl so they can regain control of the manipulation. 
big money does not get big by going on an exchange and buying everything with two hands.
it buys otc, but only after crashing the market to the best of its ability.
This. This is how it works.
The most bullish scenario I can imagine right now has nothing to do with SegWit, or aversion of a hard fork, or any of that crap. None of that is even remotely interesting.
The bullish scenario has to do with the CFTC approval of bitcoin option swaps through LedgerX. That's supposedly coming online in Sept/Oct. timeframe. With that we could see some large hedge fund money move in, but not before they first short the market into the absolute ground to shake out weak hands.
If Sept/Oct passes with no new money coming in, or even after the first of the year in 2018, then I don't see anything else as bullish on the horizon right now.
Looking for someone to quote the LedgerX story, Read yesterday can see Hedge funds eyeing Bitcoin and its volatility, don't automatically see as good for the ecosystem at this early stage. Came to same conclusion they will short the hell out of bitcoin.
July 27, 2017, 04:51:36 PM
Byebye train, have a nice ride
Why your not happy?
July 27, 2017, 04:50:44 PM
Looks like Rothschild is buying more cheap coins. 
July 27, 2017, 04:49:35 PM
Byebye train, have a nice ride
July 27, 2017, 04:42:27 PM
Were riding upwards
Bumpy ride here we go again
Bumpy ride here we go again
July 27, 2017, 04:30:52 PM
First McAfee, now Scaramucci
From the organ of the President:
From the organ of the President:
July 27, 2017, 04:15:08 PM
July 27, 2017, 04:08:16 PM
Jesus, those 1-2K sell walls at 2600 in bitfinex eaten so fast
July 27, 2017, 04:00:55 PM
it begins
https://www.coinspeaker.com/2017/07/25/ledgerx-first-federally-fegulated-bitcoin-options-exchange-clearing-house
https://www.coindesk.com/start-hedging-ledgerx-begin-trading-cryptocurrency-derivatives/
a new poll would be good
The next world currency
a) bitcoin
b) ethereum
c) all crypto
d) hacked crypto (segwit)
e) government controlled crypto regulated
https://www.coinspeaker.com/2017/07/25/ledgerx-first-federally-fegulated-bitcoin-options-exchange-clearing-house
https://www.coindesk.com/start-hedging-ledgerx-begin-trading-cryptocurrency-derivatives/
a new poll would be good
The next world currency
a) bitcoin
b) ethereum
c) all crypto
d) hacked crypto (segwit)
e) government controlled crypto regulated
July 27, 2017, 03:45:41 PM
Floyd Mayweather just hash tagged bitcoin & eth in his latest instagram post.
Just saying.
Just saying.
stox ico? c´mon!!
July 27, 2017, 03:15:08 PM
The strength in here given the news and previous action/set-up is making me wonder if we haven't just had another 'Silk Road' moment.
For those who recall they will know what I'm talking about. It essentially marked the beginning of the legendary Sept/Oct/Nov final wave up in 2013 ... bitcoin had been relatively flat after the 'Cyprus moment' April/May wave to 266 off 15 lows.
I think the goldman sucks call to $3600 is where we'll end up after peaking at >$12,000.
For those who recall they will know what I'm talking about. It essentially marked the beginning of the legendary Sept/Oct/Nov final wave up in 2013 ... bitcoin had been relatively flat after the 'Cyprus moment' April/May wave to 266 off 15 lows.
I think the goldman sucks call to $3600 is where we'll end up after peaking at >$12,000.
$12.000 this year seems a bit too bullish for me. We have had way bigger runs in the past though.
I do agree that even the BTC-E issue could be somewhat bullish. Let's face it, that exchange was operating completely out of any basic regulation.
There's something wrong with this statement - that seems to be applauding the strong arm of government, and likely stealing and loss of user funds because of governmental actions... The fine of $100million on BTC-e is outrageous and exceedingly likely to cause user funds to be used in either defending the actions or paying the fines.
I don't know if the situation is bullish - even though silk road ended up being bullish, merely because bitcoin was in a different place at that time, and the death of bitcoin had been greatly exaggerated.. there could be some bullish aspects that could take a large quantity of bitcoins out of circulation for an extended time?
July 27, 2017, 02:37:50 PM
Bitcoin in my teeth wen I talk they spark
July 27, 2017, 02:14:01 PM
Floyd Mayweather just hash tagged bitcoin & eth in his latest instagram post.
Just saying.
Just saying.
Ha ha ha what? Floyd bitcoin Mayweather?
July 27, 2017, 01:58:54 PM
Floyd Mayweather just hash tagged bitcoin & eth in his latest instagram post.
Just saying.
Just saying.
July 27, 2017, 01:58:14 PM
I am thinking about pushing a Segwit patch to Bitcoin Cash github. Any chance it would be approved on time before 1 Aug?
You can try. I'm guessing you'll be met with an overwhelming chorus of NAKs.
Damn Bitcoin Cash Core ! They want to control everything! They are stopping real scalability for their own benefit!
Hahah.
On a more serious note: There are several other mechanisms that fix malleability. There is still a discussion to be had as to whether or not SegWit is the best approach.
Fixing malleability is important, but my predilection for Segwit goes much more far than that.
- INSTANT transactions...
- Unlimited transaction capacity...
- Once we have L2 in place, many of the improvements could be done as an additional layer...
- With Rootstock ...
Yeah. See, the thing is: none of that is dependent upon SegWit. A fix for malleability -- any fix for malleability -- simplifies those advances, but even that is not required for the features of which you speak.
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