Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[ChartBuddy]

Coin
Explanation

[1715104704]

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[1715104704]

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[1715104704]

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[gentlemand]

https://21.co/

http://blogs.wsj.com/moneybeat/2015/09/21/21-inc-releases-first-product-a-bitcoin-computer/

 

Looks cool. I reckon they'll sell at least 100 of them. So that's around $1.2 million a piece to pay back those VCs and then an extra $100,000 profit.

[Sitarow]

[ElectricMucus]

https://21.co/

http://blogs.wsj.com/moneybeat/2015/09/21/21-inc-releases-first-product-a-bitcoin-computer/

 

Looks cool. I reckon they'll sell at least 100 of them. So that's around $1.2 million a piece to pay back those VCs and then an extra $100,000 profit.

lol, but I mean it the VCs that were stupid enough to back this shit deserve everything that's coming.

Holy fucking shit it's a rasberry pi with a 3d printed case.



AhAHA my sides I can't stop. 

[Fatman3001]

https://21.co/

[Suspicious link removed]j.com/moneybeat/2015/09/21/21-inc-releases-first-product-a-bitcoin-computer/

 

A wobbly Raspberry Pi?

Can someone explain to me why this isn't the dead end I think it is?

This is more of a prototype,  according to the article. A proof-of-concept, something for the devs to tinker with.
The finished product would have a real, full-featured OS (Windows), and a real, robust payment system (Visa/$).

And why would anyone buy the finished product? I thought they were going to integrate their chips or their chip-tech into standard PC chipsets, not make their own computers. I don't see a market for such a product. If it weren't for the mining bit I would think all of this could be done in software. Actually, I don't really see the point of this chip at all. The amount of coins it will be able to mine is so minuscule that it would make more sense for the users to just bite the bullet and buy some coins. In fact, what we need is (please don't shoot the messenger) the option of exchanging fiat for BTC directly through our online banking solutions.

[Fatman3001]

Welcome back Sitarow

[gentlemand]

lol, but I mean it the VCs that were stupid enough to back this shit deserve everything that's coming.

Holy fucking shit it's a rasberry pi with a 3d printed case.

I assume there's something a little slicker in the works, or I hope so for their sake. Something that looks like that could be knocked up by a couple of  hostile nerds in their high school lab in an afternoon or two

[sAt0sHiFanClub]

lol, but I mean it the VCs that were stupid enough to back this shit deserve everything that's coming.

Holy fucking shit it's a rasberry pi with a 3d printed case.

I assume there's something a little slicker in the works, or I hope so for their sake. Something that looks like that could be knocked up by a couple of  hostile nerds in their high school lab in an afternoon or two

The toaster idea looks almost rational beside this.

almost

[ChartBuddy]

Coin
Explanation

[BlackSpidy]

Hey, anything interesting happening or coming up? Man, I'm starting to get real frustrated t the fact we're remaining mostly between $224-$231. Where is the bitcoin we all know and love to hate to love!?

[criptix]

https://21.co/

[Suspicious link removed]j.com/moneybeat/2015/09/21/21-inc-releases-first-product-a-bitcoin-computer/

 

A wobbly Raspberry Pi?

Can someone explain to me why this isn't the dead end I think it is?

This is more of a prototype,  according to the article. A proof-of-concept, something for the devs to tinker with.
The finished product would have a real, full-featured OS (Windows), and a real, robust payment system (Visa/$).

And why would anyone buy the finished product? I thought they were going to integrate their chips or their chip-tech into standard PC chipsets, not make their own computers. I don't see a market for such a product. If it weren't for the mining bit I would think all of this could be done in software. Actually, I don't really see the point of this chip at all. The amount of coins it will be able to mine is so minuscule that it would make more sense for the users to just bite the bullet and buy some coins. In fact, what we need is (please don't shoot the messenger) the option of exchanging fiat for BTC directly through our online banking solutions.

maybe this is a miner + PoS device for vendors?

seems not that game changing right now lol

[Fakhoury]

Hey, anything interesting happening or coming up? Man, I'm starting to get real frustrated t the fact we're remaining mostly between $224-$231. Where is the bitcoin we all know and love to hate to love!?

Accumulation period still running, keep growing your stash.

[ChartBuddy]

Coin
Explanation

[Fatman3001]

https://21.co/

[Suspicious link removed]j.com/moneybeat/2015/09/21/21-inc-releases-first-product-a-bitcoin-computer/

 

A wobbly Raspberry Pi?

Can someone explain to me why this isn't the dead end I think it is?

This is more of a prototype,  according to the article. A proof-of-concept, something for the devs to tinker with.
The finished product would have a real, full-featured OS (Windows), and a real, robust payment system (Visa/$).

And why would anyone buy the finished product? I thought they were going to integrate their chips or their chip-tech into standard PC chipsets, not make their own computers. I don't see a market for such a product. If it weren't for the mining bit I would think all of this could be done in software. Actually, I don't really see the point of this chip at all. The amount of coins it will be able to mine is so minuscule that it would make more sense for the users to just bite the bullet and buy some coins. In fact, what we need is (please don't shoot the messenger) the option of exchanging fiat for BTC directly through our online banking solutions.

Sorry, cheap dig at Linux/BTC, implying "janky takes on Windows/USD, respectively."  
>I don't really see the point of this chip at all.
No point?!  Perhaps there's no point in writing 1.5 million dollar forum sharevaporware from scratch, either?
Ever seen "The Producers" (60s movie)?

           "Lambie!!!"

[BlindMayorBitcorn]

is crypto done??

Perhaps. Or someone just hit the snooze.

Are we still here?

The concept of existence is impossible. Because in order to be we have to transgress the boundaries of not being. For matter, space and time, this is called "The Big Bang", however the further we move towards the beginning of inflation the closer we get to the point of impossibility. We would like to think that that is not the case. That our rapid and unrelenting expansion of our knowledge of the universe will somehow break through this barrier, but it is an illusion. So what is this experience of being we all share then? It is a play played out on the back of The Great Turtle who constitutes the physical boundaries of this imagined world. Such a concept is of course laughable. But since there is no such thing as being, it is without consequence.

Or were you just thinking about this forum?

“POZZO:
I am blind.
(Silence.)
ESTRAGON:
Perhaps he can see into the future.”
― Samuel Beckett, Waiting for Godot

[JayJuanGee]

Nothing significant happening then really once again. I check the price so much less frequently than I used to. I miss the good old days of 40-50 USD price swings seemingly every other day.

Are those volatility days ever going to come back, or are we on some kind of steady road forward forever?

[Fakhoury]

Nothing significant happening then really once again. I check the price so much less frequently than I used to. I miss the good old days of 40-50 USD price swings seemingly every other day.

Are those volatility days ever going to come back, or are we on some kind of steady road forward forever?

Nobody knows, we are all enjoying the game of speculation.

[JayJuanGee]

Hey, anything interesting happening or coming up? Man, I'm starting to get real frustrated t the fact we're remaining mostly between $224-$231. Where is the bitcoin we all know and love to hate to love!?

Maybe there will be one more test of $200?

Because there has been quite a bit of volume in the past 4 weeks, I kind of have my doubts that BTC prices will go below $210; however,  if there can be a long enough sustaining of prices in the $220 to $240 level, then maybe that will cause for more ease in pushing the prices below $220 and then the testing of the lower price levels of $210 and $200 become more acceptable as the new norm...

[JayJuanGee]

Hey, anything interesting happening or coming up? Man, I'm starting to get real frustrated t the fact we're remaining mostly between $224-$231. Where is the bitcoin we all know and love to hate to love!?

Accumulation period still running, keep growing your stash.

That's what I am attempting to do, too; however, sometimes the amount available to invest is only small amount.

[brg444]

https://21.co/

[Suspicious link removed]j.com/moneybeat/2015/09/21/21-inc-releases-first-product-a-bitcoin-computer/

 

A wobbly Raspberry Pi?

Can someone explain to me why this isn't the dead end I think it is?

This is more of a prototype,  according to the article. A proof-of-concept, something for the devs to tinker with.
The finished product would have a real, full-featured OS (Windows), and a real, robust payment system (Visa/$).

And why would anyone buy the finished product? I thought they were going to integrate their chips or their chip-tech into standard PC chipsets, not make their own computers. I don't see a market for such a product. If it weren't for the mining bit I would think all of this could be done in software. Actually, I don't really see the point of this chip at all. The amount of coins it will be able to mine is so minuscule that it would make more sense for the users to just bite the bullet and buy some coins. In fact, what we need is (please don't shoot the messenger) the option of exchanging fiat for BTC directly through our online banking solutions.

It's quite simple: it enables true micropayments on the Bitcoin blockchain by making access to mining ubiquitous.

Eventually their chips will be integrated into PCs. As the person you quoted above mentioned, this is the pilot version.

The amount of coins mined is negligible from a financial standpoint but not if someone is concerned with interoperable communication by devices using the Bitcoin protocol.