Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16943.

Slow death

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: Luxasd on July 20, 2017, 01:47:26 PM

What did he mean by this? Shocked

Split coming?

https://twitter.com/JihanWu/status/888035149073457154

what did he mean with this? There is someone who called Jihan by super mario.

A little off topic

When I was younger, I spent 18 hours a day playing super mario and other games. good times

Jihan is looking like Lex Luthor with Kryptonite

Quote from: d_eddie on July 20, 2017, 02:23:30 PM

Quote from: bitserve on July 20, 2017, 01:29:54 PM

Quote from: d_eddie on July 20, 2017, 01:06:15 PM

About micgoossens's ATH guessing game
I predict August 4th

If you do that I win and you lose since I already bet on that day: http://bitcointalksearch.org/topic/m.20261348

Oops, sorry. It is however an honor to have picked the same date as bitserve himself!

My prediction is then August 3rd!

I already chose August 8, just make sure you do not change the date

r0ach

legendary

Activity: 1260

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Now you know why TPTB don't even attempt to try and stop bitcoin with people like Larry Summers even actively promoting it. It's part of the jewish banking scheme to de-cash society and bring in the cashless slave system:

http://www.silverdoctors.com/headlines/finance-news/cashless-society-alert-visa-will-be-giving-up-to-500000-to-restaurants-that-go-100-cashless/

d_eddie

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Activity: 2520

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Quote from: bitserve on July 20, 2017, 01:29:54 PM

Quote from: d_eddie on July 20, 2017, 01:06:15 PM

About micgoossens's ATH guessing game
I predict August 4th

If you do that I win and you lose since I already bet on that day: http://bitcointalksearch.org/topic/m.20261348

Oops, sorry. It is however an honor to have picked the same date as bitserve himself!

My prediction is then August 3rd!

bitserve

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Self made HODLER ✓

Quote from: fluidjax on July 20, 2017, 02:03:30 PM

Quote from: bitserve on July 20, 2017, 12:07:37 PM

With 86.8% now and F2pool on board since a little while, only one big trolling by some big pool would avoid lock-in in a few hours.

P.S.: Segwit2x (intention) is now at 97.9%. With that majority I don't really care if they do a hard fork to 2MB. In fact I am in favor of it. JUst don't ever mention the aberration of BU next to me.

The 2MB hard fork is in reality a small change that probably has few negative effects, I think most devs will agree, but it is a proxy war, a battle for control. If it becomes the dominant fork, It means that the network is being run on non Core code, built by Devs who have no track record, can spit out a largely untested HF in a few weeks, and claim it can safely run a $40B network.
There is a real risk of the best and most experienced talent draining out of the eco-system.
And the most serious problem is that the network is a risk of greater further centralisation, driven not by those with a decentralised ideology, but those obsessed with profit. Of course we all like profit, but without de-centralisation at the core of Bitcoin it's just another paypal.

That's why I am in favor of a fixed blocksize increase which is a very simple patch for core. BU isn't, plus it gives miners the control on blocksize, not only to enlarge it, but also to reduce it... plus it is more complex and BUGGY code. That's a no-no for me.

Increasing the blocksize now to 2MB? I am ok, we will need it. More so if it is approved by more than 95% hashrate. NO issues there.

fluidjax

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Activity: 750

Merit: 601

Quote from: bitserve on July 20, 2017, 12:07:37 PM

With 86.8% now and F2pool on board since a little while, only one big trolling by some big pool would avoid lock-in in a few hours.

P.S.: Segwit2x (intention) is now at 97.9%. With that majority I don't really care if they do a hard fork to 2MB. In fact I am in favor of it. JUst don't ever mention the aberration of BU next to me.

The 2MB hard fork is in reality a small change that probably has few negative effects, I think most devs will agree, but it is a proxy war, a battle for control. If it becomes the dominant fork, It means that the network is being run on non Core code, built by Devs who have no track record, can spit out a largely untested HF in a few weeks, and claim it can safely run a $40B network.
There is a real risk of the best and most experienced talent draining out of the eco-system.
And the most serious problem is that the network is a risk of greater further centralisation, driven not by those with a decentralised ideology, but those obsessed with profit. Of course we all like profit, but without de-centralisation at the core of Bitcoin it's just another paypal.

Luxasd

sr. member

Activity: 504

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What did he mean by this? Shocked

Split coming?

https://twitter.com/JihanWu/status/888035149073457154

bitserve

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Self made HODLER ✓

Quote from: pumpmydump on July 20, 2017, 01:36:49 PM

Quote from: bitserve on July 20, 2017, 12:33:56 PM

Quote from: Torque on July 20, 2017, 12:15:04 PM

Quote from: bitserve on July 20, 2017, 11:58:50 AM

Not that I am betting on it, but I think this Segwit on Bitcoin is way more important than it appears on first instance.

Most people don't realize that if SegWit had gotten approved a few years ago, it would have essentially been a non-event and the market would have responded with a whimper.

The only reason that anyone places any significance to it now, is because the miners made it a point of contention to hold back upgrades. They made a mountain out of a molehill. That is really all. And the mega whales are playing it for all its worth (not really that much).

Now Bitcoin is free to reach any price that is right for it, whichever that is, without the weight that was holding it in favor of other shitcoins.

Not saying that we are going to do a 25x as Ethereum or other shitcoins did this year.... but yeah, I do expect a higher ATH sometime soon and maybe a 2x by end of year. Call me a fool.

The right price for it is the price reached when most buyers are users rather than speculators looking to make a profit. There has been heavy speculation going on lately. The rise in April/May was due in great part to bitfinex's withdrawal issues, with more and more speculators buying as it rose, and it never really corrected

Quote from: bikerleszno on July 20, 2017, 01:03:55 PM

In about 5-6 hours we will be in BIP91 lock-in Wink

So be ready

Price will explode even more

Buy the rumor, sell the news ...

...Because going from $3000 to $1800 is not a correction?

About the sell on the news... If the Litecoin example is usefull, the price started rising when segwit lock-in was almost sure, then a little more when it really locket, then more in the next couple of weeks before ACTIVATION, until just after activation where it had a little dump.

pumpmydump

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Activity: 151

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Quote from: bitserve on July 20, 2017, 12:33:56 PM

Quote from: Torque on July 20, 2017, 12:15:04 PM

Quote from: bitserve on July 20, 2017, 11:58:50 AM

Not that I am betting on it, but I think this Segwit on Bitcoin is way more important than it appears on first instance.

Most people don't realize that if SegWit had gotten approved a few years ago, it would have essentially been a non-event and the market would have responded with a whimper.

The only reason that anyone places any significance to it now, is because the miners made it a point of contention to hold back upgrades. They made a mountain out of a molehill. That is really all. And the mega whales are playing it for all its worth (not really that much).

Now Bitcoin is free to reach any price that is right for it, whichever that is, without the weight that was holding it in favor of other shitcoins.

Not saying that we are going to do a 25x as Ethereum or other shitcoins did this year.... but yeah, I do expect a higher ATH sometime soon and maybe a 2x by end of year. Call me a fool.

The right price for it is the price reached when most buyers are users rather than speculators looking to make a profit. There has been heavy speculation going on lately. The rise in April/May was due in great part to bitfinex's withdrawal issues, with more and more speculators buying as it rose, and it never really corrected

Quote from: bikerleszno on July 20, 2017, 01:03:55 PM

In about 5-6 hours we will be in BIP91 lock-in Wink

So be ready

Price will explode even more

Buy the rumor, sell the news ...

bitserve

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Activity: 1932

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Self made HODLER ✓

Quote from: d_eddie on July 20, 2017, 01:06:15 PM

About micgoossens's ATH guessing game
I predict August 4th

If you do that I win and you lose since I already bet on that day: http://bitcointalksearch.org/topic/m.20261348

BlindMayorBitcorn

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Quote from: rjclarke2000 on July 20, 2017, 01:20:17 PM

I'd just like to say it's been a pleasure riding this rollercoaster with you all these past few years.

Likewise fwiw

rjclarke2000

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I'd just like to say it's been a pleasure riding this rollercoaster with you all these past few years.

Dotto

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No maps for these territories

d_eddie

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About micgoossens's ATH guessing game
~~I predict August 4th~~

EDIT: AUGUST 3rd, see below. (The 4th was already taken by a heavyweight.)

BitcoinNewsMagazine

legendary

Activity: 1806

Merit: 1164

Quote from: jbreher on July 20, 2017, 12:58:56 PM

Quote from: Torque on July 20, 2017, 12:15:04 PM

Most people don't realize that if SegWit had gotten approved a few years ago, it would have essentially been a non-event and the market would have responded with a whimper

How would that have happened? Not only was there no segwit release a few years ago, there wasn't even any serious discussion of it.

You know what change would have avoided this entire clusterfuck? A simple increase in max block size. Any time up to the point where the 1MB limit started getting hit routinely.

If it was not SegWit or max block size those who want to seize power from Core would have found some other issue to bitch about and rally around.

bikerleszno

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XBY - New Tech Coin (POSIGN) xtrabytes.global

46 blocks before current lock-in period ends. Still 31 blocks needed for a lock-in.
There are 82.1% BIP91 blocks mined in the current period.

In about 5-6 hours we will be in BIP91 lock-in Wink

So be ready

Price will explode even more

jbreher

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Activity: 3080

Merit: 1688

lose: unfind ... loose: untight

Quote from: Torque on July 20, 2017, 12:15:04 PM

Most people don't realize that if SegWit had gotten approved a few years ago, it would have essentially been a non-event and the market would have responded with a whimper

How would that have happened? Not only was there no segwit release a few years ago, there wasn't even any serious discussion of it.

You know what change would have avoided this entire clusterfuck? A simple increase in max block size. Any time up to the point where the 1MB limit started getting hit routinely.

gentlemand

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Activity: 2604

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Welt Am Draht

Quote from: bitserve on July 20, 2017, 12:33:56 PM

I do somewhat agree. Two years ago the scaling issue was almost a non-issue. It wasn't holding the price. Blocks were not completely full (no matter if spam).

The scaling issue was raised the moment the 32mb limit was reduced in 2010.

http://bitcointalksearch.org/topic/m.23049

Last of the V8s

legendary

Activity: 1652

Merit: 4393

Be a bank

feds playing whack-a-mole
https://www.europol.europa.eu/newsroom/news/massive-blow-to-criminal-dark-web-activities-after-globally-coordinated-operation
https://www.justice.gov/opa/pr/alphabay-largest-online-dark-market-shut-down

Dafar

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Activity: 1330

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dafar consulting

My dad has been interested in investing in bitcoin for a while. I told him to do it SOON before this Segwit drama is over... told him to hurry up and do it this weekend when we dipped to $1900... I knew it was a great opp thanks to noobs panicking. He was lazy about it and finally when I told him we were at $2600 he transfers me the $$ to put in bitcoin.

Now I'm not even sure.... hate buying bitcoin near ATH levels ..... especially when my personal cost avg is $580 lmao!! Roll Eyes

But what do you guys think, with segwit cleared is this the start of a new rally? I think it could be... but hate buying when we are at a high

bitserve

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Quote from: JohnUser on July 20, 2017, 12:32:05 PM

Quote from: bikerleszno on July 20, 2017, 12:27:05 PM

52 blocks before current lock-in period ends. Still 37 blocks needed for a lock-in.
There are 81.7% BIP91 blocks mined in the current period.

How many time for 37 blocks ?

around 10 minutes each (do you even Bitcoin?), so 370 minutes.

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