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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16891. (Read 26713597 times)

legendary
Activity: 1891
Merit: 3096
All good things to those who wait
Look at the requirements for 32M blocks, 400GB daily, 128Gb ram.
At 32M, this excludes 95% of the current bitcoin nodes creating almost total miner centralisation.

There's this new coin called physical silver bitchez that fixes horrific bitcoin centralization, blockchain bloat, and scaling.
....
Because the sheklers at Goldman Sachs told people to buy bitcoin with both hands, which means it's probably going to 12 cents

None of the above statements is sane. R0ach, we all know your story. You were really 'smart' to buy silver around 50$ instead of bitcoin which was 200-300$. Now the silver is 16$ and bitcoin is 3000$. Silver hardly ever will return to 50$, while bitcoin will continue to rise.  You can still cover your losses and buy bitcoins, if you are not broke of course  Tongue.
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
bitcoin cash is quite nice

segwit seems like a trojan horse to me and i don't like the idea of off-chain txs (lightning network)
off-chain is a misnomer for LN
legendary
Activity: 1260
Merit: 1000
but it's about ensuring the network is de-centralised.  

I've seen all kinds of stupid explanations on these forums for what constitutes "decentralized".  The current bitcoin core explanation is basically "the ability to run a node".  Lol?  Then you got Adam and the 400 MB block gang who didn't even bother to come up with some type of poorly constructed defintion.  In reality, it's the ability for people to mine the coins directly which requires commodity off the shelf mining hardware - meaning the network is currently completely centralized.  Therefore, anyone who actually cares about decentralization would be campaigning for a PoW change to GPU, otherwise there's no reason for bitcoin to exist.
legendary
Activity: 1526
Merit: 1012
bitcoin cash is quite nice

segwit seems like a trojan horse to me and i don't like the idea of off-chain txs (lightning network)
legendary
Activity: 1596
Merit: 1061
Smile

Huge, game changer


....' The “corporate capital of the world” has just made it legal for corporations to use blockchain technology for stock trading and record-keeping. At the same time, a digital currency trading platform has been authorized to provide clearing services.

The new blockchain rules will go into effect by August 1, 2017.

“LedgerX will be authorized to provide clearing services for fully-collateralized digital currency swaps,” the announcement said, adding that LedgerX “initially plans to clear bitcoin options.” '....


https://www.rt.com/usa/397397-blockchain-delaware-bill-passes/




seems all the changes in the crypto industry are happening on or just before August 1st
legendary
Activity: 3262
Merit: 1130
Leading Crypto Sports Betting & Casino Platform

Speaking on August 1, viabtc already removed its txaccelerator


https://www.viabtc.com/tools/txaccelerator/



It's still there. You just need to click "txaccelerator" twice.

Oh yes, I saw it now

legendary
Activity: 1596
Merit: 1061
Smile

Huge, game changer


....' The “corporate capital of the world” has just made it legal for corporations to use blockchain technology for stock trading and record-keeping. At the same time, a digital currency trading platform has been authorized to provide clearing services.

The new blockchain rules will go into effect by August 1, 2017.

“LedgerX will be authorized to provide clearing services for fully-collateralized digital currency swaps,” the announcement said, adding that LedgerX “initially plans to clear bitcoin options.” '....


https://www.rt.com/usa/397397-blockchain-delaware-bill-passes/

legendary
Activity: 889
Merit: 1013
I legitimately get myself upset everytime i come here and debate this. its not healthy. i have to stay away....
Keep it up! I'm surprised anyone has the energy any more Smiley
legendary
Activity: 1526
Merit: 1012
golman sachs advice :

Sell eth ---> sell bitcoin ---> fiat
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Price is going lower again
What happend?
Small dropp i know But just asking Why aint we going forward


This is be called bitcoin.


Why you want to get excited by a little bit of price movement?

Generally, we are in striking distance of ATH and really within a kind of range of $2600 to $2950.... ...

Now, maybe it is starting appear that we are going to break down.. but at the moment, as I type, we are still in the range.. currently $2650...

If we break down below $2600 (or maybe $2550), then the next area of support would likely be in the $2200 to $2400 territory...

Anyhow, we are not there yet, and decent ongoing buying pressure seems to continue in bitcoinlandia..
newbie
Activity: 5
Merit: 0

Speaking on August 1, viabtc already removed its txaccelerator


https://www.viabtc.com/tools/txaccelerator/



It's still there. You just need to click "txaccelerator" twice.

edit: the link above will bring you to a "404 error...." page. Click on the "accelerator" option.
hero member
Activity: 750
Merit: 601
Price is going lower again
What happend?
Small dropp i know But just asking Why aint we going forward

TA made the price drop, the pennant nearly closed without an real sign of rising, it's easy to dump first and then pick up your coins on the followers.
legendary
Activity: 3262
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
Price is going lower again
What happend?
Small dropp i know But just asking Why aint we going forward





As long as we do not pass on August 1 there will still be many uncertainties





Speaking on August 1, viabtc already removed its txaccelerator


https://www.viabtc.com/tools/txaccelerator/

hero member
Activity: 750
Merit: 601
if you cannot will not spend a little bit of money to help this network,  you have no business in its faith, so PISS OFF!

its not about distributing the blockchain to everyone.
its about allowing everyone to participate in it.

no offence intended, i worded that rather harshly :S


Craig Steven Wright is that you? Smiley
(edit: lol I now see JJG says the same)

I'm happy to spend money on my nodes, but it's about ensuring the network is de-centralised.  That is the only thing that truly distinguishes it from the corporate payment systems.
Mass participation, store of value... who cares about any of this if its not decentralised.

I will resist anything that erodes that.


legendary
Activity: 2744
Merit: 13647
BTC + Crossfit, living life.
Bet CLOSED! Let the game begins...
Thank you all for supporting this game and I wish you all good luck. Let's make contact when ATH touched.
Final list:
20/07 Siggy  Cry
21/07 Mr Frog Cry
22/07 Protokol Sad
23/07 Bitcoinaire Sad
24/07 Lost_in_base Sad
25/07 rjclarke2000
26/07 Globbo
27/07 Poolminor
28/07 TeeBone
29/07 Ted E. Bear
30/07 bathy
31/07 Infofront
01/08 Vin
02/08 Steelboy
03/08 D_eddie
04/08 Bitserve
05/08 Bikerleszno
06/08 Last of the v8s
07/08 Pajulapoiss
08/08 Imbatman
09/08 Mikenz
10/08 Machasm
11/08 Aesma
12/08 doc12
13/08 Fluidjax
14/08 ShroomsKit_Disgrace
15/08 Fragout
16/08 Orpington
17/08 sirazimuth
18/08 Ivomm
19/08 Elwar
20/08 Oblox
21/08 Haciendo
22/08 Boba
23/08 ErisDiscordia
24/08 Ludwig Von
25/08 Hazukison
26/08 SportbetMaster
27/08 Nanobtc
28/08 Vamos1
29/08 Paashaas
30/08 RayX12
31/08 BinaryReign
02/09 Patrisorvieto
05/09 Entons
06/09 Oinas
09/09 Edgar
11/09 Buwaytress
15/09 MinermanNC
17/09 Spaceman_spiff
21/09 undeadbitcoiner
01/10 K.Ehleyr
02/10 Petemoss2
04/10 Herman Hesse
13/10 Cryptoqueen
05/11 Chainsaw
21/11 Icygreen
12/12 Kurious
23/12 Fractaluniverse
14/01/2018 In the silence
05/02/2018 savetherainforest
hv_
legendary
Activity: 2548
Merit: 1055
Clean Code and Scale
we are going to have a second layer and we will allow bigger blocks.

stop worrying about irrelevant stats like node count, 10000 raspberry pies with poor connectivity isn't going to make your network more resilient than 1000 20K dollar machines.

bitcoin's security model is based on hash power. dont like that? make an Proof Of Nodes altcoin.

Bigger blocks on a second later will be pretty sweet.

Sweets are killing your life more than weapons these days...


Bigger blocks at first is the healthy medicine a Bitcoin maximalist needs most.
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"

if you cannot will not spend a little bit of money to help this network,  you have no business in its faith, so PISS OFF!




Craig?   Craig?   Is that you?
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
the recent activation of segwit, and the signaling for segwit2x were two completely independent things.
I think that you are lacking factual and logical integrity to make such claims of non-connectedness.  
maybe so, but i'm still right.
the activation lock-in of segwit was done via version bits, while signaling for NYA was done coinbase string ( less formal ).
there was no version bits that meant segwit2x support
there was bit4 for bip91 and bit1 for bip141

miners could have simply set bit4 on and not signal NYA in there coinbase, wouldn't REALLY of made a dif. so the fact that almost all miner bothered to signal NYA in there coinbase ( needlessly ) was a sign of good faith to make good on the NYA nothing more nothing less.



Your above statement is internally contradictory.  I am not really disagreeing with you regarding the technical aspects of the signaling being a separate thing in each.. the signaling of Segwit2x being different from the signaling of BIP91 - however, you are suggesting that the Segwit2x did not mean anything in terms of contributing to the locking in of BIP91.. but yet at the same time, the signaling of segwit2x means that those folks signaling are serious about the 2x part. 

maybe it is like beating a dead horse if we were to continue to go over this, because I am saying that you cannot infer the level of 2x support from the segwit2x signaling and you are saying that segwit2x is a decent indicator of 2x support... we seem to be at a dead end (logger heads)



Probably you are going to continue to see this "signaling of intention" to continue to drop, and if it remains on the websites (such as coin.dance), then it will likely shrink a lot more after segwit is actually active in the end of August - I don't see what purpose it serves because there is no triggering mechanism through that "intention" signaling..   Maybe in the future there will be a need to remove the segwit portion from such intention signaling and then see what level of support remains if there were only the 2mb hardfork in the signaling of intention?
i would assume miners will continue to signal NYA so long as they intent to fallow threw with the agreement (in full)


Yeah, but if signaling NYA does not commit them to anything, then it should have very little value... We will have to see what happens here, because our predictions are quite opposite.

I don't think it is necessary to respond to the remainder of your points because it seems that we are just coming to opposite conclusions based on our speculation regarding whether when the rubber hits the road is the bigblocker support going to be there... I say no, and you say yes.  So, we disagree, even though I would not assert my position as an absolute because some matters could change, but as of now, based on what I see in terms of both facts and logic, I really doubt that the material and relevant miner support for 2x HF is as great as you are asserting that support to be.
full member
Activity: 154
Merit: 100
Price is going lower again
What happend?

Because the sheklers at Goldman Sachs told people to buy bitcoin with both hands, which means it's probably going to 12 cents:

http://www.zerohedge.com/news/2017-07-24/goldman-nervous-bitcoin-traders-be-patient-next-surge-will-take-it-above-3600

yup, lots of good news, so final chance of selling manipulation for buying 'cheap coin'

http://www.nasdaq.com/article/ledgerx-gets-us-approval-for-derivatives-on-digital-currencies-20170724-01338
I like how it falls $100 then people panics again and again and again. They should research why is it rising or falling.
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