Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17294.

york780

sr. member

Activity: 392

Merit: 250

Quote from: Iranus on May 06, 2017, 08:45:05 AM

What the hell is going on at Coinbase? Their price is hovering around $1600. It's way higher than even Bitfinex even though Coinbase is fully functional. Any buywalls recently or anything?

This is whats going on.

https://www.youtube.com/watch?v=jG3_-KKHkZ8

History lesson folks.

Iranus

hero member

Activity: 1792

Merit: 534

Leading Crypto Sports Betting & Casino Platform

What the hell is going on at Coinbase? Their price is hovering around $1600. It's way higher than even Bitfinex even though Coinbase is fully functional. Any buywalls recently or anything?

petemoss2

newbie

Activity: 5

Merit: 0

Bitfinex is only $33 higher than Stamp!

afbitcoins

legendary

Activity: 2101

Merit: 1061

Quote from: European Central Bank on May 06, 2017, 07:17:11 AM

quoting Craig Wright is the last resort for anyone who wants to make a point. I have no interest in what he has to say.

Oh it must be amazing to be the enlightened ones.

Still waiting for those links so I can also read the hallowed source material and also be enlightened

European Central Bank

legendary

Activity: 1288

Merit: 1087

quoting Craig Wright is the last resort for anyone who wants to make a point. I have no interest in what he has to say.

afbitcoins

legendary

Activity: 2101

Merit: 1061

Quoted from Slack Chat with Craig Wright

https://pastebin.com/zU6YZWXK

"Layer 2 networks will require the introduction of AML and intermediary controls. These are localised networks in the form of existing intermediaries.

They can be allowed to operate with Bitcoin competitively, but not at the expense of open exchange. This being what they fear, why use L2 if you have no need?

Those who do not think that government can set in and control this are either naive or malicious. There is no other view. This is not a false dichotomy. These are the only options.

In all cases, L2 will require systems that can be controlled and they will require the interaction of merchants and other parties. Networks such as lightning centralise and offer control on a platter."

afbitcoins

legendary

Activity: 2101

Merit: 1061

Quote from: Lauda on May 06, 2017, 06:33:35 AM

You should go back to ELI5 threads and we should be back to discussing the price in here.

OK post links please and I'll enlighten myself. In case my understanding is incorrect.

Lauda

legendary

Activity: 2674

Merit: 3000

Terminated.

Quote from: afbitcoins on May 06, 2017, 06:08:50 AM

This sounds like a good way to sneak in a malleability fix. Maybe a malleability fix is not a good idea?

A malleability fix is definitely needed. Assuming the worst because you lack knowledge and understanding is absurd.

Quote from: afbitcoins on May 06, 2017, 06:08:50 AM

Why can't core release modular updates instead of bundling it all together?

What good would this do besides delaying the already very delayed process of implementing Segwit?

Quote from: afbitcoins on May 06, 2017, 06:08:50 AM

LN do enable centralised control of bitcoin transactions. Its just a matter of scale. Think of the size of banks and equate that to LNs

LN does not enable any kind of centralized control. You do not understand LN, neither the reasons behind it, its features nor its limitations.

You should go back to ELI5 threads and we should be back to discussing the price in here.

Jimbo, where are you?

afbitcoins

legendary

Activity: 2101

Merit: 1061

Quote from: Lauda on May 06, 2017, 05:52:58 AM

This is bullshit. LN does not need Segwit and LN will happen regardless of whether you want it or not, or whether Segwit is adopted or not. LN needs a malleability fix, and SW is just one of the ways of doing that. LN does in no way create centralized control of Bitcoin nor does it lead to bankers "rejoicing". Looks like someone didn't even read the ELI5.

This sounds like a good way to sneak in a malleability fix. Maybe a malleability fix is not a good idea? Why can't core release modular updates instead of bundling it all together?

LN do enable centralised control of bitcoin transactions. Its just a matter of scale. Think of the size of banks and equate that to LNs

Lauda

legendary

Activity: 2674

Merit: 3000

Terminated.

Quote from: afbitcoins on May 06, 2017, 05:42:49 AM

BU leads to bigger blockchain which leads to blockchain too be to be decentralised, which leads to centralisation

BU opens the road to a DOS attack vector with their bare block size increase. Additionally, (as was already seen) they also open up a lot of exploits in their bad code.

Quote from: afbitcoins on May 06, 2017, 05:42:49 AM

Segwit leads to LN which leads to transactions handled off chain which leads bankers rejoicing and to centralised control of bitcoin

This is bullshit. LN does not need Segwit and LN will happen regardless of whether you want it or not, or whether Segwit is adopted or not. LN needs a malleability fix, and SW is just one of the ways of doing that. LN does in no way create centralized control of Bitcoin nor does it lead to bankers "rejoicing". Looks like someone didn't even read the ELI5.

Quote from: Grillo on May 06, 2017, 05:06:01 AM

good, I have some USDT so you better be right.

Just don't tell me that you're holding USDT on the shady exchange called Poloniex. Roll Eyes

Just be a bit more patient (Finex wise).

afbitcoins

legendary

Activity: 2101

Merit: 1061

Quote from: york780 on May 06, 2017, 03:45:47 AM

Quote from: Nagadota on May 06, 2017, 03:41:52 AM

USDT is making a recovery and Coinbase and Bitfinex are at roughly equal prices since Bitfinex agreed to have Friedman LLP do a balance sheet audit.

A lot of the uncertainty is fading away. This is looking good. Very good.

My jedi sence tells me that the altcoin bubble will pop soon. We only need a scaling solution for the moon. What are they waiting for?

Both scaling options are crap.

BU leads to bigger blockchain which leads to blockchain too be to be decentralised, which leads to centralisation
Segwit leads to LN which leads to transactions handled off chain which leads bankers rejoicing and to centralised control of bitcoin

You might be in for a long wait for scaling solution

Grillo

full member

Activity: 225

Merit: 100

Quote from: Nagadota on May 06, 2017, 03:41:52 AM

USDT is making a recovery and Coinbase and Bitfinex are at roughly equal prices since Bitfinex agreed to have Friedman LLP do a balance sheet audit.

A lot of the uncertainty is fading away. This is looking good. Very good.

good, I have some USDT so you better be right.

Lauda

legendary

Activity: 2674

Merit: 3000

Terminated.

Quote from: york780 on May 06, 2017, 03:45:47 AM

We only need a scaling solution for the moon. What are they waiting for?

Segwit -> Signature Aggregation & Schnorr Signatures -> LN & sidechains.

Quote from: Nagadota on May 06, 2017, 03:41:52 AM

USDT is making a recovery and Coinbase and Bitfinex are at roughly equal prices since Bitfinex agreed to have Friedman LLP do a balance sheet audit.

A lot of the uncertainty is fading away. This is looking good. Very good.

I wasn't expecting Bitfinex to be the next Mt. Gox even though there was a lot of fear being spread around the forum and in this particular thread. I'll give them the benefit of the doubt until I read the public announcement. The difference between Finex and Stamp is <40$ right now. As the price is still above $1500, this means that the price rise was not artificially induced via Finex issues.

orpington

hero member

Activity: 784

Merit: 512

Quote from: Nagadota on May 06, 2017, 03:41:52 AM

USDT is making a recovery and Coinbase and Bitfinex are at roughly equal prices since Bitfinex agreed to have Friedman LLP do a balance sheet audit.

A lot of the uncertainty is fading away. This is looking good. Very good.

indeed

york780

sr. member

Activity: 392

Merit: 250

Quote from: Nagadota on May 06, 2017, 03:41:52 AM

USDT is making a recovery and Coinbase and Bitfinex are at roughly equal prices since Bitfinex agreed to have Friedman LLP do a balance sheet audit.

A lot of the uncertainty is fading away. This is looking good. Very good.

My jedi sence tells me that the altcoin bubble will pop soon. We only need a scaling solution for the moon. What are they waiting for?

Nagadota

hero member

Activity: 574

Merit: 500

ClaimWithMe - the most paying faucet of all times!

USDT is making a recovery and Coinbase and Bitfinex are at roughly equal prices since Bitfinex agreed to have Friedman LLP do a balance sheet audit.

A lot of the uncertainty is fading away. This is looking good. Very good.

york780

sr. member

Activity: 392

Merit: 250

Quote from: Coinnosaurus on May 05, 2017, 03:59:16 PM

Quote from: york780 on May 05, 2017, 03:45:23 PM

Quote from: Coinnosaurus on May 05, 2017, 03:39:52 PM

Quote from: ?? on ??

Monday ... well, what's the time in Tokyo ?

time to sell .. obviously

Never sell in the weekend.
NEVAAH

never sell at the top , never sell in the weekend .. what's next? never sell when is the full moon?

Dearly noted

Herbert2020

legendary

Activity: 1946

Merit: 1137

Quote from: hulla on May 05, 2017, 10:57:34 PM

Quote from: ft73 on May 05, 2017, 04:00:00 PM

Quote from: Coinnosaurus on May 05, 2017, 03:59:16 PM

Quote from: york780 on May 05, 2017, 03:45:23 PM

Quote from: Coinnosaurus on May 05, 2017, 03:39:52 PM

Quote from: ?? on ??

Monday ... well, what's the time in Tokyo ?

time to sell .. obviously

Never sell in the weekend.
NEVAAH

never sell at the top , not never sell in the weekend .. what's next? never sell when is the full moon?

No.
Never sell.

Grin

Selling of bitcoin towards the weekend is not advise cause must exchange/market were planning to close for the weekend. But it will be better if you can hold till it November this year before making a quick sell. The price per btc is to reach $2100 this year as Saxo bank predicted, remember?

this market is a 24/7 market and also global, so it won't close down for the weekends. you must be thinking about a different market then!

STT

legendary

Activity: 4102

Merit: 1454

Not sure November is significant except historically I remember that time as peak. Fed policy development vs expectation is more of schedule for speculation in bitcoin I reckon

Quote from: deepcolderwallet on May 05, 2017, 08:33:25 PM

1h chart, we have: 1 shoulder, 1 head... another shoulder forming?

Not especially, its not predictor of a move till it completes so I'm told. The middle dip is far too harsh and strong a recovery to be looking for weakness, a failed move to the downside is bullish. Thats how I'm looking at it.

Looking at Huobi I think its a good measure for bullish action if CNY can pass and confirm above 8849. Looks to be a good band of resistance for this month and 50% of the peak to low

hulla

hero member

Activity: 1834

Merit: 566

Quote from: ft73 on May 05, 2017, 04:00:00 PM

Quote from: Coinnosaurus on May 05, 2017, 03:59:16 PM

Quote from: york780 on May 05, 2017, 03:45:23 PM

Quote from: Coinnosaurus on May 05, 2017, 03:39:52 PM

Quote from: ?? on ??

Monday ... well, what's the time in Tokyo ?

time to sell .. obviously

Never sell in the weekend.
NEVAAH

never sell at the top , not never sell in the weekend .. what's next? never sell when is the full moon?

No.
Never sell.

Grin

Selling of bitcoin towards the weekend is not advise cause must exchange/market were planning to close for the weekend. But it will be better if you can hold till it November this year before making a quick sell. The price per btc is to reach $2100 this year as Saxo bank predicted, remember?

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17294. (Read 26609764 times)