Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16945. (Read 26715118 times)
July 20, 2017, 12:03:34 PM
The only major miner not signalling BIP91 is Bitcoin.com, and thats only 2.1%, with a favourable wind, 39 blocks looks like 6.5 hours to go.
July 20, 2017, 12:01:17 PM
becomes the majority fork? what does that mean?
Means that a majority of users and miners gravitate to BitcoinCash.
I realize that this is speculative, but I consider it a not-unlikely possibility. What with the massive difference in transaction capacity -- and thereby in utility -- between the chains.
July 20, 2017, 11:58:50 AM
Quoted for posterity. I really hope your are really, really wrong.
Well obviously I'm hoping I'm wrong too. My net worth increases significantly if Bitcoin goes to the moon.
But I'm skeptical. History has a way of repeating. Over and over again.
Yeah. but if we think history will repeat why not having another big bubble from september to december as in 2013? And then dump to 3 or 4 thousand?
Not that I am betting on it, but I think this Segwit on Bitcoin is way more important than it appears on first instance. Of course we will have dumps on the road but.. from which height? I dont know.
July 20, 2017, 11:54:46 AM
Now we can be almost sure BIP91 will hit 
Right now F2Pool joined and mined first block with BIP91 - yeah !!!!
60 blocks before current lock-in period ends. Still 44 blocks needed for a lock-in.
There are 81.5% BIP91 blocks mined in the current period.
More importantly is the support it would have to drop by in order to still pass. At this point I think my math is 40/56 blocks=.71428. So if 72% of the remaining blocks mine true it will pass (luck willing of course, smuckpool could somehow mine all the remaining blocks no) Right now F2Pool joined and mined first block with BIP91 - yeah !!!!
60 blocks before current lock-in period ends. Still 44 blocks needed for a lock-in.
There are 81.5% BIP91 blocks mined in the current period.
July 20, 2017, 11:54:23 AM
What do you say about BU? There will be no BU.
There already is BU. But BU is just a client.
There will be BitcoinCash. A larger, stronger, more capable derivative of Bitcoin, generated via hard fork. The primary client for BitcoinCash is BitcoinABC. Or BU - take your pick. Or Classic, XT, ...
...
ooh another altcoin
While strictly true (assuming minority support, which seems likely), I think this will be the first altcoin launched where every Bitcoin holder will on day zero have an equal number of the altcoins.
If in the future BitcoinCash becomes the majority fork (a not unlikely prospect, given the massive transaction capacity advantage), then positions will flip, BitcoinCash will become simply Bitcoin, and cripplecoin will become the alt.
Any way you look at it now, we are all likely to learn something from this.
maybe huntercoin? can't remember
becomes the majority fork? what does that mean? lots of Chinese coffee purchases make it more valuable than bitcoin?
yay to learning, true that.
July 20, 2017, 11:52:47 AM
Ok, you got nearly 20 % price increase today [insane with such market cap], ...and now, lets move to the dump part 
My date for new ATH is still Dec 23rd, (i won't blink
)
My date for new ATH is still Dec 23rd, (i won't blink
) 
July 20, 2017, 11:51:30 AM
Just remember kids, never in Bitcoin's history has there been a double top where the second top went higher than the first.
Because if it went higher, it wouldn't be a double top?
So what, you think that after 5 weeks of constant down and this dip to 1830 was the "first selloff" of a much larger, protracted bull run? And that $100B is just sitting on the sidelines waiting for SegWit2X approval so they can come pouring in and run this thing up to $5000+ by EOY?
Really? That would be a nice dream. That's exactly what people thought in 2013 too, after the first crash and bounce back up to ~$980.
I don't really care... I'm hedged with a huge future stash, as well as a good amount of fiat to buy more at the very bottom, so I win either way it goes.
But I'll go on record right now saying that I think $2980 was this year's top. And that by Feb. 2018, I think we'll see around the ~$1600 mark.
No, 2980 having been the top is definitively a scenario that I am taking into account.
I just thought the terminology was phrased weirdly. It just seems to me that a double top where the second top goes higher than the first is a contradiction in itself (I can be pedantic at times
). July 20, 2017, 11:47:54 AM
What do you say about BU? There will be no BU.
There already is BU. But BU is just a client.
There will be BitcoinCash. A larger, stronger, more capable derivative of Bitcoin, generated via hard fork. The primary client for BitcoinCash is BitcoinABC. Or BU - take your pick. Or Classic, XT, ...
...
ooh another altcoin
While strictly true (assuming minority support, which seems likely), I think this will be the first altcoin launched where every Bitcoin holder will on day zero have an equal number of the altcoins.
If in the future BitcoinCash becomes the majority fork (a not unlikely prospect, given the massive transaction capacity advantage), then positions will flip, BitcoinCash will become simply Bitcoin, and cripplecoin will become the alt.
Any way you look at it now, we are all likely to learn something from this.
July 20, 2017, 11:46:35 AM
Quoted for posterity. I really hope your are really, really wrong.
Well obviously I'm hoping I'm wrong too. My net worth increases significantly if Bitcoin goes to the moon.
But I'm skeptical. History has a way of repeating. Over and over again.
July 20, 2017, 11:45:33 AM
Miners wanted to make it look as if Segwit may not get locked in this period as to accumulate some remaining cheap coins then come back last minute and save the day. This way they are able to obtain cheap coins as well as garner the trust of the community when we face further impasses such as the 2mb HF.
Well done.
Well done.
So now you're applauding that bitcoin is completely centralized under a mining cartel who rigs the market for their own pump and dump profits? Anyone who doesn't support changing the PoW after watching them do the exact same segwit BIP manipulation in LTC AND Bitcoin is a complete fool. Without commodity hardware mining via something like a GPU, there is no reason for bitcoin to exist.
r0ach, if you are so confussed about centralised maniputated markets... what are you still doing in gold/silver one?
It doesn't seem coherent to me.
July 20, 2017, 11:43:55 AM
Just remember kids, never in Bitcoin's history has there been a double top where the second top went higher than the first.
Because if it went higher, it wouldn't be a double top?
So what, you think that after 5 weeks of constant down and this dip to 1830 was the "first selloff" of a much larger, protracted bull run? And that $100B is just sitting on the sidelines waiting for SegWit2X approval so they can come pouring in and run this thing up to $5000+ by EOY?
Really? That would be a nice dream. That's exactly what people thought in 2013 too, after the first crash and bounce back up to ~$980.
I don't really care... I'm hedged with a huge future stash, as well as a good amount of fiat to buy more at the very bottom, so I win either way it goes.
But I'll go on record right now saying that I think $2980 was this year's top. And that by Feb. 2018, I think we'll see around the ~$1600 mark.
Quoted for posterity. I really hope you are really, really wrong. I guess you too.
July 20, 2017, 11:41:40 AM
I don't expect the price to recover so quickly, but those are the breaks.
Not when the financial news section about bitcoin currently reads:
This grotesque bubble is blowing apart right now
Once R0ach started to up his troll game I knew I was probably going to be wrong. But ye gods, I still don't get it. Impending chain-split shouldn't equal moontrain according to any maths I ever heard of.
I be all like
July 20, 2017, 11:37:32 AM
Miners wanted to make it look as if Segwit may not get locked in this period as to accumulate some remaining cheap coins then come back last minute and save the day. This way they are able to obtain cheap coins as well as garner the trust of the community when we face further impasses such as the 2mb HF.
Well done.
Well done.
So now you're applauding that bitcoin is completely centralized under a mining cartel who rigs the market for their own pump and dump profits? Anyone who doesn't support changing the PoW after watching them do the exact same segwit BIP manipulation in LTC AND Bitcoin is a complete fool. Without commodity hardware mining via something like a GPU, there is no reason for bitcoin to exist.
July 20, 2017, 11:36:18 AM
I bet we will go over 3000 before 1st august.... after 1st august we can about 4000$
July 20, 2017, 11:33:19 AM
Just remember kids, never in Bitcoin's history has there been a double top where the second top went higher than the first.
Because if it went higher, it wouldn't be a double top?
So what, you think that after 5 weeks of constant down and this dip to 1830 was the "first selloff" of a much larger, protracted bull run? And that $100B is just sitting on the sidelines waiting for SegWit2X approval so they can come pouring in and run this thing up to $5000+ by EOY?
Really? That would be a nice dream. That's exactly what people thought in 2013 too, after the first crash and bounce back up to ~$980.
I don't really care... I'm hedged with a huge future stash, as well as a good amount of fiat to buy more at the very bottom, so I win either way it goes.
But I'll go on record right now saying that I think $2980 was this year's top. And that by Feb. 2018, I think we'll see around the ~$1600 mark.
July 20, 2017, 11:33:09 AM
Now we can be almost sure BIP91 will hit
Right now F2Pool joined and mined first block with BIP91 - yeah !!!!
60 blocks before current lock-in period ends. Still 44 blocks needed for a lock-in.
There are 81.5% BIP91 blocks mined in the current period.
Right now F2Pool joined and mined first block with BIP91 - yeah !!!!
60 blocks before current lock-in period ends. Still 44 blocks needed for a lock-in.
There are 81.5% BIP91 blocks mined in the current period.
July 20, 2017, 11:31:58 AM
Litecoin went down in value after segwit passed and has never gone up in price relative to btc since. They are passing the rise in bitcoin value off as a rise in litecoin value whereas in reality it hit .02 and got punched in the nose.
July 20, 2017, 11:28:23 AM
What do you say about BU? There will be no BU.
There already is BU. But BU is just a client.
There will be BitcoinCash. A larger, stronger, more capable derivative of Bitcoin, generated via hard fork. The primary client for BitcoinCash is BitcoinABC. Or BU - take your pick. Or Classic, XT, ...
...
ooh another altcoin
let's hope they have a forum for the likes of you
July 20, 2017, 11:17:17 AM
I don't expect the price to recover so quickly, but those are the breaks.
Not when the financial news section about bitcoin currently reads:
This grotesque bubble is blowing apart right now
Once R0ach started to up his troll game I knew I was probably going to be wrong. But ye gods, I still don't get it. Impending chain-split shouldn't equal moontrain according to any maths I ever heard of.
July 20, 2017, 11:16:13 AM
only 15 to 25 have made there guess on when we brake another ATH ATH ATH ATH GAME !!!!
and get paid by me for the one guesses most closly ( 0.25BTC ) as another ( 0.25 BTC) for giving the best explanation why the raise at that time
anybody more wants to take a guess feel free to take a date
( for the ones that don't trust me to pay still just waiting for a trusty member to react on this and be confirmt by 2 other trusted members and i deposit the amount with them ......)
ONLY GOOD INTENTIONS
and get paid by me for the one guesses most closly ( 0.25BTC ) as another ( 0.25 BTC) for giving the best explanation why the raise at that time
anybody more wants to take a guess feel free to take a date
( for the ones that don't trust me to pay still just waiting for a trusty member to react on this and be confirmt by 2 other trusted members and i deposit the amount with them ......)
ONLY GOOD INTENTIONS
I predict ATH on Aug 28th
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