Topic: Wall Observer BTC/USD - Bitcoin price movement tracking &amp; discussion - page 17529. (Read 26713938 times)

Quote from: Torque on March 24, 2017, 07:56:43 AM

It's not the ETF, it's the civil war. Sad to say but BTC needs to sort it's shit out one way or another, or it's still looking a risky buy.

Indeed. They're conspiring a 51% attack:

https://medium.com/@peter_r/on-the-emerging-consensus-regarding-bitcoins-block-size-limit-insights-from-my-visit-with-2348878a16d8#.z04dwl4gv

No wonder that the market is spooked.

lightfoot

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I fix broken miners. And make holes in teeth :-)

But.... this is exactly why no one buys at the bottom.

And then they look back and say, "Why wasn't I buying then?" or "I should have bought then." Grin

Exactly! And this is why people complaining that the miners are late don't seem to get a simple point: If the miners had been shipped 3 months earlier then the EXACT SAME THING would have happened to difficulty/profitability 3 months earlier.

What people are really saying is "I should have invested/gotten my miner early AND NO ONE ELSE GOT IN/ONE!". Which is a bit weird.

C

Torque

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Quote from: Spaceman_Spiff on March 24, 2017, 07:49:31 AM

Quote from: rdnkjdi on March 24, 2017, 07:46:10 AM

In other news, Bitcoin share of Crypto market cap now 68%

It's not the ETF, it's the civil war. Sad to say but BTC needs to sort it's shit out one way or another, or it's still looking a risky buy.

Yeah investors clearly don't like this situation, especially with BU now calling to attack Bitcoin Core miners before a fork happens to force them to upgrade. Not going to work of course but this kind of hostile behavior is definitely making people flee to fiat or other alts now. I think we'll be seeing even lower prices until this has been resolved.

Imagine being new to bitcoin, wanting to figure out more about it to see if it is an interesting investment.
So you visit Reddit and you get : "Judas ... Attack... Malicious Miners... Censorship...paid shill... Tyrant...Pumper....Idiots...".
Yeah, I wouldn't touch that community with a barge pole...

But.... this is exactly why no one buys at the bottom.

And then they look back and say, "Why wasn't I buying then?" or "I should have bought then." Grin

Miz4r

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In other news, Bitcoin share of Crypto market cap now 68%

It's not the ETF, it's the civil war. Sad to say but BTC needs to sort it's shit out one way or another, or it's still looking a risky buy.

Yeah investors clearly don't like this situation, especially with BU now calling to attack Bitcoin Core miners before a fork happens to force them to upgrade. Not going to work of course but this kind of hostile behavior is definitely making people flee to fiat or other alts now. I think we'll be seeing even lower prices until this has been resolved.

Source on the miners saying this? Did they mention what hash they wanted before they started?

Super curious about this situation. There's something that just isn't adding up ...

One of the BU devs, Peter R, wrote about this in his medium blog article today: https://www.reddit.com/r/Bitcoin/comments/6172s3/peter_rizun_tells_miners_to_force_a_hard_fork_by/?st=j0ns7eo9&sh=62821505

JayJuanGee

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Self-Custody is a right. Say no to"Non-custodial"

Looks like Litecoin is on its way to activate SegWit, almost at 50% now for the last 8064 blocks. The market also seems to like it. Bitcoin next?

I was a little bit confused because I had thought that seg wit had already been activated in Litecoin, but I see that it has not.

Regarding seg wit consensus activation threshold in litecoin, it appears that they have chosen a 75% consensus level for their activation, so yeah, it does seem that chances are pretty decent that seg wit will be activated in litecoin in the near future... so then, possibly that could allow for some development around seg wit and to see how it plays out, at least in terms of litecoin's ecosphere.

Spaceman_Spiff

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₪``Campaign Manager´´₪

In other news, Bitcoin share of Crypto market cap now 68%

It's not the ETF, it's the civil war. Sad to say but BTC needs to sort it's shit out one way or another, or it's still looking a risky buy.

Yeah investors clearly don't like this situation, especially with BU now calling to attack Bitcoin Core miners before a fork happens to force them to upgrade. Not going to work of course but this kind of hostile behavior is definitely making people flee to fiat or other alts now. I think we'll be seeing even lower prices until this has been resolved.

Imagine being new to bitcoin, wanting to figure out more about it to see if it is an interesting investment.
So you visit Reddit and you get : "Judas ... Attack... Malicious Miners... Censorship...paid shill... Tyrant...Pumper....Idiots...".
Yeah, I wouldn't touch that community with a barge pole...

rdnkjdi

legendary

Activity: 1256

Merit: 1009

In other news, Bitcoin share of Crypto market cap now 68%

It's not the ETF, it's the civil war. Sad to say but BTC needs to sort it's shit out one way or another, or it's still looking a risky buy.

Yeah investors clearly don't like this situation, especially with BU now calling to attack Bitcoin Core miners before a fork happens to force them to upgrade. Not going to work of course but this kind of hostile behavior is definitely making people flee to fiat or other alts now. I think we'll be seeing even lower prices until this has been resolved.

Source on the miners saying this? Did they mention what hash they wanted before they started?

Super curious about this situation. There's something that just isn't adding up ...

Miz4r

legendary

Activity: 1246

Merit: 1000

Quote from: Torque on March 24, 2017, 07:27:42 AM

In other news, Bitcoin share of Crypto market cap now 68%

It's not the ETF, it's the civil war. Sad to say but BTC needs to sort it's shit out one way or another, or it's still looking a risky buy.

Yeah investors clearly don't like this situation, especially with BU now calling to attack Bitcoin Core miners before a fork happens to force them to upgrade. Not going to work of course but this kind of hostile behavior is definitely making people flee to fiat or other alts now. I think we'll be seeing even lower prices until this has been resolved.

Torque

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"The others" are being levitated right now. Much like the stock market. Grin

When you're the only whale in a small market, and you can apply maximum leverage, then you can levitate it ad infinitum.

york780

sr. member

Activity: 392

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Man, wish I has some $$ left, I'd be buying right now. Cry

Me too. In 7 days i have some fiat money again Grin

I will buy the shit out of this 1. I am wondering what all those people are thinking. That bitcoin will never rise again or that altcoins will have a non stop rise without dumps to the floor?

Torque

legendary

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Man, wish I has some $$ left, I'd be buying right now. Cry

cruiser

newbie

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Quote from: cruiser on March 24, 2017, 07:00:37 AM

http://litecoinblockhalf.com/segwit.php

Perhaps it's a bug.

https://www.litecoinpool.org/pools:
About 597 GH/s, or 21.8% of the network (109 out of the last 500 blocks).

kurious

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Quote from: AlexGR on March 24, 2017, 07:14:31 AM

I think it'll be way safer for BTC to go into Segwit, after LTC does.

It's unlikely to find all possible bugs on BTC's testnet, so LTC can serve as a test platform.

It's an obvious test, I agree. Segwit isn't coming soon on BTC as it stands now anyway. Hopefully LTC going smoothly will be a catalyst for some change in the weather.

kurious

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In other news, Bitcoin share of Crypto market cap now 68%

It's not the ETF, it's the civil war. Sad to say but BTC needs to sort it's shit out one way or another, or it's still looking a risky buy.

AlexGR

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I think it'll be way safer for BTC to go into Segwit, after LTC does.

It's unlikely to find all possible bugs on BTC's testnet, so LTC can serve as a test platform.

bitserve

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Self made HODLER ✓

Quote from: cruiser on March 24, 2017, 07:00:37 AM

Quote from: bitserve on March 24, 2017, 06:54:07 AM

http://litecoinblockhalf.com/segwit.php

Looks like Litecoin is on its way to activate SegWit, almost at 50% now for the last 8064 blocks. The market also seems to like it. Bitcoin next?

Where do you see that?

I see. 22.27% is for all current activation period. 44.10% for past 24 hours. Looks good

cruiser

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Quote from: bitserve on March 24, 2017, 06:54:07 AM

Looks like Litecoin is on its way to activate SegWit, almost at 50% now for the last 8064 blocks. The market also seems to like it. Bitcoin next?

Where do you see that?

http://litecoinblockhalf.com/segwit.php

bitserve

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Self made HODLER ✓