Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21583. (Read 26609743 times)
June 04, 2015, 10:54:45 AM
June 04, 2015, 10:48:05 AM
the more bitcoin you own today the more bitcoin you will own on both Bitcoin Core and Bitcoin XT
put that in your pipe and smoke it
put that in your pipe and smoke it
June 04, 2015, 10:46:03 AM
Did the core devs come to an agreement on all this?! No more XT threats?
Buy buy buy!
Buy buy buy!
June 04, 2015, 10:39:43 AM
June 04, 2015, 09:58:20 AM
What says the graphs about the future of btc?
here are the graphs: https://www.youtube.com/watch?v=RapC2-oxSRM
June 04, 2015, 09:57:24 AM
June 04, 2015, 09:52:43 AM
BFX offer side looking much thinner than it has done recently... rally time ??
yupYou been eatin all the coins again ??
June 04, 2015, 09:50:34 AM
BFX offer side looking much thinner than it has done recently... rally time ??
yupYou been eatin all the coins again ??
June 04, 2015, 09:49:22 AM
BFX offer side looking much thinner than it has done recently... rally time ??
yup June 04, 2015, 09:46:52 AM
BFX offer side looking much thinner than it has done recently... rally time ??
June 04, 2015, 09:44:47 AM
...
Haha, yea you are right. It does looks like someone is just looping the prices in front of us like Keanu Reeves did to Dustin Hoffman with the bus security camera in Speed. I turn on the computer each morning and it's all the same thing. We had the bitlicense thingy yesterday which was different but the price didn't care. Are volatile days of bitcoin over? When was the last time we saw a 20% move in a day? It's been a while.
Haha, yea you are right. It does looks like someone is just looping the prices in front of us like Keanu Reeves did to Dustin Hoffman with the bus security camera in Speed. I turn on the computer each morning and it's all the same thing. We had the bitlicense thingy yesterday which was different but the price didn't care. Are volatile days of bitcoin over? When was the last time we saw a 20% move in a day? It's been a while.
Dennis Hopper != Dustin Hoffman
If the fork happens and large holders will decide to mitigate risks, they could dump a lot of coins in exchange for fiat IOU, only to buy back later, at much lower prices.
I would imagine some risk mitigation has already happened, pretty sure the latest drop has something to do with this up and coming fork.
idk but if people dump and then buy back after the storm passes, I would see the market not allow them to buy back in "much lower", a little higher seems more fair... say it plunges 350 -> 225 during the first day of the update when shit appears to be hitting the fan, as the situation gets better market should go back to 350 and then everyone realizes they actually Want to be Invested in bitcoin and buy back in...
could be SR crash 2.0
June 04, 2015, 09:23:30 AM
...
Haha, yea you are right. It does looks like someone is just looping the prices in front of us like Keanu Reeves did to Dustin Hoffman with the bus security camera in Speed. I turn on the computer each morning and it's all the same thing. We had the bitlicense thingy yesterday which was different but the price didn't care. Are volatile days of bitcoin over? When was the last time we saw a 20% move in a day? It's been a while.
Haha, yea you are right. It does looks like someone is just looping the prices in front of us like Keanu Reeves did to Dustin Hoffman with the bus security camera in Speed. I turn on the computer each morning and it's all the same thing. We had the bitlicense thingy yesterday which was different but the price didn't care. Are volatile days of bitcoin over? When was the last time we saw a 20% move in a day? It's been a while.
Dennis Hopper != Dustin Hoffman
If the fork happens and large holders will decide to mitigate risks, they could dump a lot of coins in exchange for fiat IOU, only to buy back later, at much lower prices.
June 04, 2015, 09:09:35 AM
What's to prevent miners from merge-mining both "clones" ?
I believe that it is possible to merge-mine two coins only of one of them has the protocol tweaked to allow it. Isn't that so?
If that is the case, surely the new bitcoin will not want to allow merge-mining, and the old bitcoin obviously will not.
June 04, 2015, 08:57:23 AM
June 04, 2015, 08:55:14 AM
What says the graphs about the future of btc?
The graphs are just recordings of old prices. They tell you about the past, not the future. One of the most surreal moments in my bitcoin experience was when Gox's order book started displaying a loop of the last 10-15 minutes of trades. Then the 'bug' would clear, and all the trades on the order book would resolve. The price might have showed $250 and the next instant you filled for $220 or $300.
The same cycle happened two or three times in one night. It was even more surreal when you started including in your analysis the possibility of being in a time loop.
June 04, 2015, 08:31:47 AM
What says the graphs about the future of btc?
The graphs are just recordings of old prices. They tell you about the past, not the future. 
He he, I agree. It feels like you're trapped in "Groundhog Day". But cold, hard math tells us that more popularity/adoption would increase the price extremely over time. And it will be a bumpy ride
June 04, 2015, 07:59:53 AM
What says the graphs about the future of btc?
The graphs are just recordings of old prices. They tell you about the past, not the future. June 04, 2015, 07:57:23 AM
June 04, 2015, 07:56:13 AM
It is not about HD space, it is about "what?? you can halt and fork the whole thing while i am sleeping and next morning am on the worthless losing fork? WTF!".
After the hard fork, you will automatiall have the same amount of bitcoins in both chains. Hopefully a consensus would have been reached before that time so one of the clones will be worthles and unusable for lack of miners, and "bitcoin" will be the other clone. In the unlikely chance that both versions survive, if you have the privatekeys you will be able to move or sell each clone independently by using the proper version of the software.
What's to prevent miners from merge-mining both "clones" ?
One blockchain will have to decide to merge mine with the other. That blockchain would automatically be considered the loser shitcoin bitcoin.
June 04, 2015, 07:53:16 AM
I don't think it's THAT significant -or dramatic for that matter- to have a hard fork on BTC. Nor it's price related. It's already happened once and nothing happened. I foresee that if this go through (doubt it, but, let's say it will) the two forks up to a certain point will be totally compatible. That means people will have to choose if they will follow the new fork that Gavin proposes AFTER it's proven a successor to the previous one.
The opposite might happen as well though, so there's a chance the new fork will become a minority and its transactions will be rendered unusable by the ''most commonly used'' one. No drama, natural choice. The stronger survives.
The 2013 fork was a glitch that everyone was incentivised to deal with. The future fork is something of a different beast at present. Maybe by the time it comes around it'll have settled down but the circumstances are rather different. Right now it's for a theoretical future case scenario rather than an immediate technical problem.
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