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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17564. (Read 26713252 times)

legendary
Activity: 1330
Merit: 1000
dafar consulting
I sold 54 coins... about half of my stash. I don't feel good about it at all guys  Embarrassed  Cry


I really want this BU mess to be over with, but at the moment there's too much uncertainty and lots of panic (not from me, but others). Some people are "voting" for segwit by dumping their coins hoping to punish the miners (Jihan Wu) into supporting segwit.


I want my bitcoins back.....  Cry Cry Cry

Sounds to me like you actually did panic


I probably did... but also took a calculated risk, I dont think the risk/reward of the situation is reflected at a price of $1000+ right now. I took a bet that there is a higher chance that I can get back in lower than miss out on a rally with the current climate
legendary
Activity: 1288
Merit: 1087
You know that Core is getting desperate when they are resorting to DDoS'ing BU nodes.

They are also DDoS'ing bitcoin.com

and who do you think might have been relentlessly spamming the blockchain for months on end? hmm. i can guess one bunch who might have some type of agenda.
hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*
Segwit First!


^screw seqwit+ screw btu ... lets just increase to 2mb and get on up to $2000 ladies?  Kiss
legendary
Activity: 854
Merit: 1000
In the mean time looks like BU is losing nodes.
https://coin.dance/nodes/unlimited

Lol, it almost looks like BU nodes got PnD'ed! Is that a blow-off top I see? haha

You know that Core is getting desperate when they are resorting to DDoS'ing BU nodes.

They are also DDoS'ing bitcoin.com

Got any proof of that? Or just sayin.........
hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*
BTU is an altcoin folks ..BTC is the real bitcoin... any questions?  Kiss
hero member
Activity: 665
Merit: 500
I sold 54 coins... about half of my stash. I don't feel good about it at all guys  Embarrassed  Cry


I really want this BU mess to be over with, but at the moment there's too much uncertainty and lots of panic (not from me, but others). Some people are "voting" for segwit by dumping their coins hoping to punish the miners (Jihan Wu) into supporting segwit.


I want my bitcoins back.....  Cry Cry Cry

Sounds to me like you actually did panic
legendary
Activity: 1330
Merit: 1000
dafar consulting
I sold 54 coins... about half of my stash. I don't feel good about it at all guys  Embarrassed  Cry


I really want this BU mess to be over with, but at the moment there's too much uncertainty and lots of panic (not from me, but others). Some people are "voting" for segwit by dumping their coins hoping to punish the miners (Jihan Wu) into supporting segwit.


I want my bitcoins back.....  Cry Cry Cry
legendary
Activity: 992
Merit: 1000
In the mean time looks like BU is losing nodes.
https://coin.dance/nodes/unlimited

Lol, it almost looks like BU nodes got PnD'ed! Is that a blow-off top I see? haha

You know that Core is getting desperate when they are resorting to DDoS'ing BU nodes.

They are also DDoS'ing bitcoin.com
legendary
Activity: 1288
Merit: 1087
Hashrate is the more relevant measure:
http://xtnodes.com/#bitcoin_classic_hashrate

but again all that is is signalling. there's a whole bunch of difference between telling the world 'hey, i love unlimited' and actually going through with it. no doubt this wu guy would, but he'd need alot more people who are more likely to waver.
sr. member
Activity: 1313
Merit: 278
So is Bu going to fork? Or has the alt coin designation by exchanges stopped further if any
more share. I've no clue, just wondering if after this "wiggling about in angst" if we are
just back to 2 more years of 1mb blocks and status quo "stagnation?


Seems that both BU is stuck with too low adoption to occur.  Also Segwit is stuck with too low adoption to occur (by miners at least).
(stuck around 65% core blocks mined and 35% BU blocks mined)

Thus, neither will occur until one gives up or there is compromise.  That is creating part of the confusion that will continue to exist - but hopefully the FUD around BU forking will dissapaint some.
legendary
Activity: 3794
Merit: 5474
In the mean time looks like BU is losing nodes.
https://coin.dance/nodes/unlimited

Lol, it almost looks like BU nodes got PnD'ed! Is that a blow-off top I see? haha
copper member
Activity: 2898
Merit: 1465
Clueless!
So is Bu going to fork? Or has the alt coin designation by exchanges stopped further if any
more share. I've no clue, just wondering if after this "wiggling about in angst" if we are
just back to 2 more years of 1mb blocks and status quo "stagnation?
legendary
Activity: 854
Merit: 1000
unbelievable all the doom and gloom here!  Shame on you all!  Roll Eyes

In the mean time looks like BU is losing nodes.
https://coin.dance/nodes/unlimited


Hashrate is the more relevant measure:
http://xtnodes.com/#bitcoin_classic_hashrate




Hashrate is the irrelevant measure. There are two cases, either one has 50%, or he doesn't.
In the first case bitcoin forks into bitcoin and another chain that lives or dies in relation to its design parameters.
In the latter case, bitcoin goes on.

In both cases, bitcoin goes on.

Whereas if nodes are lost, the extreme scenario is for bitcoin to be completely lost. Still, the idea will be with us forever.


So, nodes are important, hashrate is not.
hero member
Activity: 952
Merit: 552
Well here is an interesting and positive comment and I agree with him:

https://bitco.in/forum/threads/gold-collapsing-bitcoin-up.16/page-932#post-36337

As an outsider and investor I think this is a hiccup (power struggle) that will be over soon.  Obviously some markets, i.e. Bitfinex make a lot of waves to get more business during volatility.  In the end BTC is great and it is useful and it will prevail!
hero member
Activity: 784
Merit: 1001
unbelievable all the doom and gloom here!  Shame on you all!  Roll Eyes

In the mean time looks like BU is losing nodes.
https://coin.dance/nodes/unlimited


Hashrate is the more relevant measure:
http://xtnodes.com/#bitcoin_classic_hashrate


legendary
Activity: 1288
Merit: 1087
unbelievable all the doom and gloom here!  Shame on you all!  Roll Eyes

In the mean time looks like BU is losing nodes.
https://coin.dance/nodes/unlimited

nodes don't really mean a great deal. it's a vote that costs a few bucks a month to run on a vps for many people. many core nodes are just as meaningless.
hero member
Activity: 952
Merit: 552
unbelievable all the doom and gloom here!  Shame on you all!  Roll Eyes

In the mean time looks like BU is losing nodes.
https://coin.dance/nodes/unlimited

An market cap in historical term is still way up!
https://coin.dance/marketcap/historical

hero member
Activity: 2786
Merit: 657
Want top-notch marketing for your project, Hire me
not too sure why there is much doom and gloom.

Sure BU is a "threat" but bitcoin has faced many threats before and in the longer run it has weathered them all fairly well.

Why is Bitcoin unlimited a threat, its just competition and bitcoin has plenty of alternatives already in operation that would be happy to take over.  The threat would be from the number of miners who would switch and prefer to support that alternate system.   I guess that part is new as most coins start from nowhere.

Will we definitely end up with 2 tokens in equal amounts on 2 addresses, price wise that just seems to suggest the price halves and value overall is the same.   Some confusion as people switch or decide which coin to hold or use but not as bad as it might appear?

I would rather they make transactions compete in fees they pay for priority.   This will then give the smallest transactions business to alt coins where it probably belongs ?    The best solution is the most natural self adjusting.   Does my opinion mean I should sell BU if I get any?
Wait a minute. Is BU another bitcoin or just a mining software cause I thought it was a software used to mine bitcoin.
STT
legendary
Activity: 4102
Merit: 1454
not too sure why there is much doom and gloom.

Sure BU is a "threat" but bitcoin has faced many threats before and in the longer run it has weathered them all fairly well.

Why is Bitcoin unlimited a threat, its just competition and bitcoin has plenty of alternatives already in operation that would be happy to take over.  The threat would be from the number of miners who would switch and prefer to support that alternate system.   I guess that part is new as most coins start from nowhere.

Will we definitely end up with 2 tokens in equal amounts on 2 addresses, price wise that just seems to suggest the price halves and value overall is the same.   Some confusion as people switch or decide which coin to hold or use but not as bad as it might appear?

I would rather they make transactions compete in fees they pay for priority.   This will then give the smallest transactions business to alt coins where it probably belongs ?    The best solution is the most natural self adjusting.   Does my opinion mean I should sell BU if I get any?
hero member
Activity: 1834
Merit: 566

It could go to 700$ then to 1500$ within 5 months. It seems like a good time to sell and buy back from 950 USD to 850  USD.
No one know when the price of bitcoin will get back up and it could get back up anytime. But, I think the price move down to $994 due to the news of bitcoin splits in the wake of a hard fork which involves some duplicate of bitcoin going on in the system.
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