Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17470. (Read 26715295 times)

^mexico has COMPUTERS? :-D  wow !

Good AM Bitcoinland.

Down a smidgen I see but still basically sideways... $1128USD (Bitcoinaverage).

3rd day in a row over $1100 and still consolidating.

Almost time to start moving up again.

Fair enough. Most likely anyone arrested was arrested for something else but it was reported to sound like they were arrested for using bitcoins. Bitcoin is alive and well in Thailand. I was in Vietnam where people talk about it being illegal and I was able to use my first Bitcoin ATM right in middle of the city.

proof that 'thailand is arresting people ?

Well banned isn't the right word my mistake. But Thailand are arresting people for using it so it is a law.
And I didn't see this on the news. It was mentioned on here by another member. So this is were I first heard of it. And I was also in a questionable sense when I heard of this.

Do not ever believe it when a news article states that a country has banned Bitcoin. Most people do not verify it because they do not speak the native language.

Every time I have checked into one of these "X country just banned Bitcoin!", it is usually the central bank making a statement that they will not allow Bitcoin on their system. It's like saying that Burger King burgers are banned because the CEO of McDonalds releases a statement saying that no Burger King burgers will be sold by McDonalds. Then McDonalds goes on to warn about the risk you are taking by eating a Burger King burger.

Sure, some central banks have a tighter hold on their country's government than others but there is never a ban. If you go on localbitcoins you can buy/sell in every country in the world except Germany. And that is only because Germany declared Bitcoin a "private money". But in so doing, they tied all of their regulations to money to Bitcoin which included having a license to run an exchange (and they considered localbitcoins an exchange).

You may be right ,a picture could not trigger this pump, probably the rise was caused because May has forgone wearing a headscarf 

Another poll that shows uss the market wants Segwit NOT BU.

I don't know what you are talking about.

It seems that you are accusing me of the thing that you are doing, and for what purpose?  What point are you trying to make?

I think that you are trying to confuse matters, and you are framing the current situation in some kind of incorrect way... also known as mischaracterizing the current situation including your attempt to describe what is core and what is core's role and what is seg wit in the scheme of the current situation..

Core and it's vision of bitcoin still constitutes the longest chain, in the last couple of years we have had three named proposals that were aimed to be hostile attempts to take over BTC by creating a hardfork and changing governance.  First, XT then Classic, then the current version of BU et al.  So far, none of these hostile take over attempts have been successful, but they do not give up on spouting various kinds of threats and attempting to get more and more people (maybe miners, etc) to get on board with their vision.  Sometimes, especially recently, they also dupe folks into actually thinking their threat is actually going to take place and to threaten the well-being of bitcoin.

The fact that bitcoin is not changing does not make it "centralized" as you like to conclude, but so far it is still showing that a centralized kind of take over is not an easy thing to accomplish - even with this most recent attempt that did seem to at least have some kind of smoke screen of support that was showing 50% of the mining or something like that depending on how you piece meal together the miners and whether they would actually follow if a hard fork were to occur.

So segwit is another question that is separate from core, but it is a scaling and malleability "solution" that has gone through the official channels to be proposed, then discussed, then agreed upon and then coded and then tested and then gone to the signaling stage.  Initially, it was a pretty non-controversial upgrade, but the whiners have seemed to have gotten a lot of misinformation out there about segwit but also the whiners are quite a bit disingenuous anyhow in terms of really having bitcoin's interests at heart - rather than buying into bullshit conspiracy theories.  So yeah, in the end, recently, this seg wit proposal seems to be getting into the 30% of support on the mining end, and of course it seems to have larger levels of support in other non-mining circles.  We are about 6 months into seg wit signaling, and maybe it will continue to increase, and maybe bitcoin will have to figure out a way to survive without seg wit. 

Personally, I am thinking that seg wit is so obviously a good thing that it is likely going to end up being implemented in one way or another - even if it may take bitcoin a couple of years to get there.  But what do I know?  There are a lot of unknowns in the future, which makes it difficult to predict with any kind of precision, but I can still venture my own estimations.

And why should pixel mapping be the reason for it's current pump up of over $1150?
The attention maybe? 
I think not.
I do think it has to do with something with dash tanking hard.
But then again that is just me.

It is strange to see Mexico designate it as such s a and Japan viewing it viable fiat which can be used in their banking system while Thailand has straight out banned it from being used at all.
Until the day that every country can just accept it for it is then I am afraid bitcoin will never come in being recognized as a true currency that it should be.

If it can do it once, it can do it again, and again and again.

And if their prime concern is market policing, ETH/ETC is in no way 'better' than BTC. Witness the stealth launch of ETC on Poloniex. That's the type of thing that has regulators creaming their knickers.

This would be the best thing for both sides and I can see it happening for Ethereum to have an ETF.
It already had the split of chains happened so that is out of the way for speculators to say that bitcoin is still in a volatile state right now with all this Bitcoin unlimited business still looming on their minds.
And in a way this can take Ethereum on it's own path away from being just known as a alternative to bitcoin but on it's own as a tool to the smart contracting that they want to promote it as.
This would solidify it as a true business minded platform that all the banks want it to be so they can start using it. They will then all have a sense of "control" of where this cryptocurrency is to be sculptured into for their own gains and purposes, unlike what they would have with the acceptance of bitcoin.
This is very thing the banking commission are known for with all their fees and charges(more profit more commission!) they impose on their clients and users everyday of the year.
That is infact a picture perfect marriage in paradise if they can tie an ETF to ETH and have ETC to distribute their clients money conversions on a daily basis.
I think that was their plan all along.
Anyone else notice the SEC looked as if they didn't give any thought about their decision to let bitcoin have an ETF. As if they knew all along they were going to reject it even if it was presented to them.
They held the original day of the decision on it over the weekend!
So that right there tells you they didn't put even a thought into having it pass in the first place.

Bullshit,what we have here is:



By the way Jay,in case you didn't notice BITCOIN IS ALREADY CENTRALIZED!!!!!!!!

How much hashrate do you little peons have?? 20%  30% I don't think that will effect ANY changes in Bitcoin 

You cant try too hard. Just push furhter.

Dude... You're trying too hard, slow down

He is making some ''points'' and i keep on winning. Seems fair to me. He must be fun at parties, i couldnt care less.

Thats probably the point he was making.