Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16896. (Read 26713688 times)

ViaBTC also signed the NYA

All those FUD and attempts to manipulate the market or to take control over the core protocol, doesn't really bother me anymore as the will all fail to 99%!!Period!
It's like getting battle hardened over the years. The same with all other Bitcoiners who are part of the community since a few years. Only the noobs and the ones who are not doing constant research and keep themselves up to date are freaking out.

Actually, BCC believers should now buy real BTC all they can --> moon.

I have come to think that it is in fact a good thing for Bitcoin. Otherwise we would risk rising too quickly and into a REALLY unsustainable bubble.

So, well, thanks for the FUD.... Just keep it under control to not do any permanent harm.

P.S.: Also it gives some interesting trading opportunities here and there.

Don't worry, the FUDsters will always come up with a new enemy to Bitcoin's existence. It'll be right around the corner, any minute now.

A new enemy, a new threat, a new scare, always on the horizon. There always has to be one, otherwise Average Joe might not be scared away anymore.... and start buying with two fists....

This is the potential of threat of the 1 august ... the first move of mining industriy at 2017-07-19 on 00h28min28s.



The first move discover the game ... and the the power of the attacker.

Ok, Bitmain abandoned BCC, any other news?

Have you recently watched the mempool? Is almost empty. Yeah, block usage is still over a safe threshold but Segwit is going to be implemented very soon (now it is a certainty unlike years ago) and will help alleviate some. Also a blocksize increase to 2MB is on the works.

Bitcoin scaling has never had a better prospect than it has right now.

So what is the fucking need for "Bitcoin Cash" precisely right now? It's nonsense.

Maybe you don't believe the blocksize increase will happen? I hope it does, because:

- Even if not right now, we will need that blocksize increase sometime in the future.

- If that is what has been agreed to reach consensus, then it is time to deliver, or next time we need consensus noone will trust any "agreement".

- Miners have not only accepted to pass Segwit which was a majority community request but they have with 100% hashrate consensus. If they can do the 2MB increase HF with the same consensus there is not risk, so it is ok.

- Many of the people that were completely against BU (me included) was for the reason that BU is an aberration that, besides the buggy code, gives miners the right to increase/decrease blocksize at will. That's too much power for the already powerful miners. A fixed blocksize increase when (or better yet BEFORE) it is needed? FINE!.

Above all, and most importantly... If someday Bitcoin can be replaced for any other altcoin at will, our digital money fantasy castle will crumble.

Can't we all just work on making Bitcoin (the one and only) better instead of trying to fight against it?

P.S.: The way all this "scaling process" has developed makes me think we can, and in fact it is happening.

bitserve : I agree with you that the "happy farmer" scenario is not the most likely, my hope is to grow fruits and vegetables in my garden without WW3 happening. However if the shit hits the fan, I guess I would feel better shooting people coming at me if they're actually attacking my property.

let's just buy litecoin

^^^^THIS ^^^^

Even having some fertile land in which to grow food will mean almost nothing. Do you think you will be a happy farmer? No.... People will go to take it from you. Without any form of social "government" there is absolutely no productivity. You eat what you take, you take what you can...

But.. But... It is MY land, those are my resources!... yeah, right, go tell em.

Only after there is some EXCEDENTS there will be trade.... and for excedents to be there needs to be productivity.... or a crazy huge population reduction. Yep, only after the population gets to way less than 1% what it is now there will only be chaos, starving, diseases, death, murder, canibalisation,.... The horror.

Only the social construction we have nowadays have allowed the population to grow to current levels and develop the means to sustain it reasonably.

No matter how much someone prepares for an apocaliptic world.... You won't be.

Even in local temporal recent catastrophes money (in any form) was of almost no use.

Why are we even talking about this anyway?

I'm not a crazy survivalist type, if WW3 happens your chances are slim regardless of preparation, but ideally, when BTC will have made a rich man out of me, I definitely plan to own a house on some land, I would consider if it can provide access to freshwater, etc. And my underground insulated home theater could double as a shelter, I guess.

silver and gold would have value for a 5-10 day period when people believed it was just a blip. if it ain't a blip then they are pieces of metal that take up space in your pocket and nothing else. maybe they'd be worth something a couple of generations down the line if the world was ever rebuilt. 

Average Joe on the street: "I don't believe physical money with intrinsic value (silver, gold coins) will ever come back. If WW3 happens then what will be back is barter. In a post-apocalyptic world, silver and gold matter much less than clean water or better a way to make it, food, guns and bullets, etc."

Other person: "So you don't own any gold or silver?"

Average Joe: "Nope."

Other person: "So I'm assuming that by your previous statement then that you've at least stocked up on clean water, food, guns, and bullets in case WW3 did happen?"

Average Joe: "Well, no, not really. I'm a metro man who lives in a one bedroom house in the city on 0.3 acres of land."

Lol, irony.  

If you have people holding lots of BCCs, and the same people holding lots of cash, then who will be buying the BCCs for the price to rise ?

I don't believe physical money with intrinsic value (silver, gold coins) will ever come back. If WW3 happens then what will be back is barter. In a post-apocalyptic world, silver and gold matter much less than clean water or better a way to make it, food, guns and bullets, etc.

If I was going to fork a coin that had a lot of hidden financial support, one strategy would be to weakly launch it, causing many people (like us) to dump their coins for a very low price, these would be all snapped up by the big blockers for peanuts. A few weeks/months later   the real power push with its hidden money, organisation and marketing would step in.

So it appears the pennant is now complete.

Will the whales put another dime in the juke box, or let it fall? That is the question.

LOL so BitcoinCash is just a joke? proof of concept? will it work?

Tell that to those bigblockers at r/btc. They think there will be a HF but they are up for a big suprise.

Those noobs have concerted real BTC into that Bitcoin Cash scam, ViaBTC will be happy with all those free money