Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by Totscha (1)
If there had been significant upward pressure, then we wouldn't have been stuck at ~$6.5k for so long. I predict that ~$5.5k will be "the new $6.5k" for a while, maintaining relative stability with periodic bouncing.
I suspect that we're on a long-term slow downward trend until either the next halving or until something major happens (eg. ETFs, maybe certain global events, etc.).
It doesn't really matter either way. ABC wouldn't have accepted SV blocks even without the checkpoint, so the narrative that it's somehow "cheating" makes no sense, and the checkpoint also doesn't prevent any likely attacks, so it's pointless centralization. These guys still haven't figured out how consensus systems work...
Oh. Would you look at that. Turns out that he did.
I suspect that we're on a long-term slow downward trend until either the next halving or until something major happens (eg. ETFs, maybe certain global events, etc.).
https://twitter.com/coinspeak_io/status/1063272025660121090
ABC used a centralized checkpoint to prevent re org. Pro ABC Exchanges were allegedly in on it.
(maybe repost - no time to read thread. back soon)
ABC used a centralized checkpoint to prevent re org. Pro ABC Exchanges were allegedly in on it.
(maybe repost - no time to read thread. back soon)
It doesn't really matter either way. ABC wouldn't have accepted SV blocks even without the checkpoint, so the narrative that it's somehow "cheating" makes no sense, and the checkpoint also doesn't prevent any likely attacks, so it's pointless centralization. These guys still haven't figured out how consensus systems work...
Or "He ... still actually has a bunch of mining capacity hidden away somewhere."
Oh. Would you look at that. Turns out that he did.