Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17356.

york780

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Quote from: gentlemand on April 26, 2017, 11:21:19 AM

Quote from: york780 on April 26, 2017, 11:16:34 AM

Guys just a newbie question, dont blame be. I am not an blockchain expert ^^. What if we accept SegWit and everything is finished and Bitcoin have had their softfork. Is BU dead permanently when SegWit wins? Or stays BU alive in some sort of way for fuhrter scaling?

The only circumstances where I can see the current agitators, apart from Mr Wu who won't under any circumstances, considering Segwit would be if there was an agreed block size increase a period of time after it was activated.

If that was reneged on then the same BU types would start up again the same as before. I don't think we'll ever get Segwit myself without something dramatic happening.

And the scaling thing is a proxy war for power. That desire won't go away.

Thanks. I think we will have SegWit sooner than everyone expects. Simple because people and also miners are driven my money, the highest bidder. Jihan WU and Roger Ver's resources arent infinite so they cant hold on for ever. The miners saw what SegWit implementation did with the price of the altcoins. Its only a matter of time before the miners are going to betray BU and choose for SegWit. Simply because the market wants it. Its all about the money and it looks like BU made a nice offer for the time being. Higher price = higher ROI. They will choose SegWit unless BU can boost the price whats not going to happen.

gentlemand

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Quote from: york780 on April 26, 2017, 11:16:34 AM

Guys just a newbie question, dont blame be. I am not an blockchain expert ^^. What if we accept SegWit and everything is finished and Bitcoin have had their softfork. Is BU dead permanently when SegWit wins? Or stays BU alive in some sort of way for fuhrter scaling?

The only circumstances where I can see the current agitators, apart from Mr Wu who won't under any circumstances, considering Segwit would be if there was an agreed block size increase a period of time after it was activated.

If that was reneged on then the same BU types would start up again the same as before. I don't think we'll ever get Segwit myself without something dramatic happening.

And the scaling thing is a proxy war for power. That desire won't go away.

york780

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Quote from: gentlemand on April 26, 2017, 11:13:29 AM

Quote from: Iranus on April 26, 2017, 11:10:55 AM

Well once it happens, especially if it's BU, I would sell straight away. That civil war would get a hundred times worse, with attacks as well potentially, if something actually happens. I'd buy back in a couple of days after, but it could be really bad the instant it happens (especially with a split).

If it's resolved then that means it's kind of... resolved.

And never in a month of leap years will BU be the one that the majority chooses.

Guys just a newbie question, dont blame be. I am not an blockchain expert ^^. What if we accept SegWit and everything is finished and Bitcoin have had their softfork. Is BU dead permanently when SegWit wins? Or stays BU alive in some sort of way for fuhrter scaling?

gentlemand

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Quote from: Iranus on April 26, 2017, 11:10:55 AM

Well once it happens, especially if it's BU, I would sell straight away. That civil war would get a hundred times worse, with attacks as well potentially, if something actually happens. I'd buy back in a couple of days after, but it could be really bad the instant it happens (especially with a split).

If it's resolved then that means it's kind of... resolved.

And never in a month of leap years will BU be the one that the majority chooses.

Iranus

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Quote from: york780 on April 26, 2017, 11:04:00 AM

Quote from: OROBTC on April 26, 2017, 11:02:35 AM

Quote from: JimboToronto on April 26, 2017, 10:57:22 AM

This morning's action is making my coffee really enjoyable.

BTW, we just broke $1300USD at Bitcoinaverage. Fun indeed.

Each of the sites I look at have prices at over $1300 as well.

Bitcoin price just passed gold -- that is only the second time that has ever happened, the first was a few weeks ago.

Imagine what might happen if they RESOLVE the SegWit v. BU Civil War...

10k?

Well once it happens, especially if it's BU, I would sell straight away. That civil war would get a hundred times worse, with attacks as well potentially, if something actually happens. I'd buy back in a couple of days after, but it could be really bad the instant it happens (especially with a split).

Naokia980

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Speculation is mother of all devils. But nobody like losers, just be winner. Look at price movement difference between exchanges.

york780

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Quote from: OROBTC on April 26, 2017, 11:02:35 AM

Quote from: JimboToronto on April 26, 2017, 10:57:22 AM

This morning's action is making my coffee really enjoyable.

BTW, we just broke $1300USD at Bitcoinaverage. Fun indeed.

Each of the sites I look at have prices at over $1300 as well.

Bitcoin price just passed gold -- that is only the second time that has ever happened, the first was a few weeks ago.

Imagine what might happen if they RESOLVE the SegWit v. BU Civil War...

10k?

OROBTC

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Quote from: JimboToronto on April 26, 2017, 10:57:22 AM

This morning's action is making my coffee really enjoyable.

BTW, we just broke $1300USD at Bitcoinaverage. Fun indeed.

Each of the sites I look at have prices at over $1300 as well.

Bitcoin price just passed gold -- that is only the second time that has ever happened, the first was a few weeks ago.

Imagine what might happen if they RESOLVE the SegWit v. BU Civil War...

JimboToronto

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You're never too old to think young.

This morning's action is making my coffee really enjoyable.

BTW, we just broke $1300USD at Bitcoinaverage. Fun indeed.

Elwar

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I hope this rise isn't based on the ETF. That ship has sailed.

craked5

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Quote from: york780 on April 26, 2017, 10:29:24 AM

Shorts be like

Bbut this growth isnt healthy

Bbbut manipulation

Bbbbut we should decrease

Roll Eyes

You think there are people who actually short btc? Oo

I didn't know people like that existed
I mean that's basically stupid when you look at the charts xD

buwaytress

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Quote from: JimboToronto on April 26, 2017, 10:04:04 AM

Another early good morning Bitcoinland.

I see the price is continuing to creep slowly upward... currently $1295USD (Bitcoinaverage).

The battle over $1300 should be fun. As I'm typing I see it hit $1300 on Stamp.

I don't see any rocket train GIFs, just doom-and-gloom predictions of some huge expected crash. Be greedy when others are fearful, etc.

Glad I'm an investor not a trader. Maybe they'll be right and we'll get a big dip. In that case I'll buy more.

Meanwhile I'm enjoying the show. Go Bitcoin go.

Has it been a week if not more now holding near this $1,300 price? I don't remember anything holding for a week this year so far, so am surprised each day to find that it hasn't shot up or tumbled down. If the dip happens, I'm hoping for it to happen in two months or it'll be a wasted opportunity for me to buy more.

bitserve

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Quote from: york780 on April 26, 2017, 10:37:44 AM

Quote from: spooderman on April 26, 2017, 10:31:28 AM

you never short the bitcoin.

Never short in the middle. NEVER lol. For the first time more traders are short than long according to the exchanges. This means 55% gets rekt rightnow?

Yep. And you only need to read this thread to notice that there's still no FOMO and many people claim to have sold at least a significant part of their Bitcoin stash. If it weren't for Bitfinex/USDT I would say there are good factors for a new rally after/IF the ATH is broken.

But you never know with Bitcoin....

york780

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Quote from: spooderman on April 26, 2017, 10:31:28 AM

you never short the bitcoin.

Never short in the middle. NEVER lol. For the first time more traders are short than long according to the exchanges. This means 55% gets rekt rightnow?

micalith

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