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

[yefi]

its no secret that R3 and Bank of England are working with ETH...

Cool, we can plunder the Old Lady of Threadneedle Street's wealth when her Dapps go live.

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[JayJuanGee]

[...]
Blockchain. Blockchain. Blockchain.

*Cringe*

Every time a bank or something else is talking about the blockchain, you can be sure they are working on bitcoin and use the blockchain as a coverop. If they would really be interested in blockchains they would have said so 7 years ago. There is absolutely nothing new about blockchains 7 years later. the blockchain has not changed in any way, and anything financial should have know about it and looked into it about 6 years ago.
What is new is that bitcoin has grown up. If they are interested NOW, you can be sure that they are interested in bitcoin itself, as a currency. They may experiment with there own blockchains and there own alt-coins, saying it will improve the services for there customers (like they ever cared about that), but in the end they will go to the coin where money is to be made.

I don't really disagree with you, overall; however, there is something quite delusional about this whole private "blockchain" competition practice, and there is some thinking in these financial institutions that they are going to be able to bring the "good," if there is such a thing in their thinking with bitcoin, to their technological innovations without bring the "decentralized" "public" "bad" parts of bitcoin..

but in essence, these blockchain without the currency advocates seem to be missing almost the whole point of bitcoin.   

So, in some sense, it seems that they don't quite get the "value" of bitcoin, and accordingly, I doubt that they are actually covertly investing in bitcoin (except maybe a few more enlightened individuals who actually get bitcoin are actually investing in it on a personal level).  If we had so much secrete investing in bitcoin from rich individuals or institutions, we would already have BTC prices in the $2k territory.

In my thinking, i's going to take some time before some of these more traditional financial institutions figure out ways to build on top of bitcoin (or build systems that will work on top of bitcoin to take advantage of the low cost part of bitcoin) in order to create more competitive products, rather than seeming to want to compete against bitcoin.... Interesting times ahead, certainly.

[Wandererfromthenorth]

what do you guys think about this:


https://www.youtube.com/watch?v=_QL8fDEhjvw

made by deloitte.

The first voice sounds like a reaper from Mass Effect:

https://www.youtube.com/watch?v=R_NAoNd4YyY&ab_channel=IcedDog

[Hunyadi]

I wonder what this is about:

[Mrpumperitis]

http://bravenewcoin.com/news/ukraine-to-use-blockchain-technology-in-curtailing-corruption-when-selling-government-assets/   
His presentation included a slideshow showing how the eAuction platform, Auction 3.0, will fit into the existing infrastructure and interface with existing government and banking systems. He revealed that even the largest banks are happy to integrate the new system.

[hodl_2015]

http://bravenewcoin.com/news/ukraine-to-use-blockchain-technology-in-curtailing-corruption-when-selling-government-assets/  
His presentation included a slideshow showing how the eAuction platform, Auction 3.0, will fit into the existing infrastructure and interface with existing government and banking systems. He revealed that even the largest banks are happy to integrate the new system.

The EU doesn't want to put an end to all corruption, they just want a monopoly on it. they will praise this fully accountable Auction system, fund it, and then make sure it will go nowhere.

[Tzupy]

Chinese bulls got me worried... The bid sum on Huobi has grown, and the triangle may break up... yikes!

[toknormal]

It's barely been 30 hours and already, there are 1875 BTC missing from the supply 

[r0ach]

Chinese bulls got me worried... The bid sum on Huobi has grown, and the triangle may break up... yikes!

What a Shoah.  Shut it down.  The Chinese have figured it out.  Shut it down.

[ProfessionalBitsurgeon]

It's barely been 30 hours and already, there are 1875 BTC missing from added to the supply 

Fixed.

Every day. Day after day. Coins that must be bought just to keep the price from tanking.

[Odalv]

Chinese bulls got me worried... The bid sum on Huobi has grown, and the triangle may break up... yikes!

Reduction in new bitcoins.  -54,000 BTC/month  (every month) :-)

[Recordura]

Chinese bulls got me worried... The bid sum on Huobi has grown, and the triangle may break up... yikes!

Reduction in new bitcoins.  -54,000 BTC/month  (every month) :-)

Will this bring the price up as high as it was before the Halvening, do you think?

[marcus_of_augustus]

Price has been going up for 13 months (not "tanking") with twice as many coins supplied, so it will now go up twice as fast with half as many coins in supply.

Invasion of the duplicitous dumb-asses can resume ...

[kobilica]

It's time to invest more money.. is it ok, if I place order at cheaper price, will it ever get fulfilled? (maybe only if short happens)

[Recordura]

Price has been going up for 13 months (not "tanking") with twice as many coins supplied, so it will now go up twice as fast with half as many coins in supply.

Invasion of the duplicitous dumb-asses can resume ...

Dunno ... the price was higher before the Halvening, and now it's ... lower
Is it supposed to do that?
>duplicitous dumb-asses  http://irwinallen.wikia.com/wiki/Dr._Smith's_Insults (4 when u need 2 re-up )

[kobilica]

True, price was higher pre-prehalvening, but that was bubble (and price lasted only 3 days or so..).

[r0ach]

Is it supposed to do that?

Africa has detected JIDF intrusion:

https://www.youtube.com/watch?v=XG0erhuG4HU

[toknormal]

Everyone was waiting for it to dump after the halving.

Then when it didn't dump they started to get nervous and didn't know if it would dump or pump.

Now it's a smash & grab situation.

[Hyperjacked]

Everyone was waiting for it to dump after the halving.

Then when it didn't dump they started to get nervous and didn't know if it would dump or pump.

Now it's a smash & grab situation.

more like the Bollinger band between 6/22 - 7/1 is tightening as expected and will trade sideways until the next head fake by the composite operator...the chart is beautiful!


Disclaimer:i have no idea wat da hell i'm talkin bout...just ask jay

[toknormal]

Disclaimer:i have no idea wat da hell i'm talkin bout...just ask jay

Well it was sounding good up until you said that anyway