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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26368600 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
Last of the V8s
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July 26, 2018, 08:19:46 PM

https://www.tradingview.com/chart/BTCUSD/bPiqtdyu-Bitcoin-to-710-looks-possible/
looking for double bubble? past predicts future? press the arrow lol.
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mymenace
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July 26, 2018, 08:34:34 PM

@infofront

great advice, I have moved the crap to another thread  Wink

I have renewed passion in the market and look forward to robust discussions on the bitcoin wall and price.

And on that, looking very healthy indeed. A lot of infrastructure being implemented that says there is only one way for bitcoin, forward.

cheers again for the tips
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July 26, 2018, 08:36:19 PM

Also, I think perhaps you might be stuck in an unhelpful mindset. You think that the gamble I spoke of earlier was a bad one to make. Let's concede for the sake of argument that it was. Perhaps if that was true than bcash would have been meritorious at the time. However, now that we have evidence showing that the gamble is paying off, is it wise to financially back bcash on the grounds that it made sense at the time? Perhaps it is time to reconsider your allegiance to a project that may have made sense at the time but in light of new evidence no longer does.

Bbut... but Anon, it's like when you want a car engine to 'scale' to higher horsepower and speed, the most straightforward way is to simply add more cylinders!  V32 engines for everyone so we can get places faster, amiright?  /s
Your analogy is shit. As in actual shit this time. Try harder.
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July 26, 2018, 08:42:42 PM

Non-trivial piece of news.

Some might even classify as a BFD.

Institutional Investors Swap Bitcoin Futures for Physical BTC in Wall Street First
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July 26, 2018, 08:46:57 PM

Jbear

Blocksize is a security parameter.

I know this.

You know this.

Let’s move on.
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July 26, 2018, 08:49:32 PM


Don't confuse 'smarter' with 'cleverer'. ....

Damn straight.
I maybe smarter than the average bear but probably not cleverer. (or maybe the other way round, idk actually)
I always lose* my damn car keys...

 (*and btw that's lose, not loose ...like I said ...smart...)
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July 26, 2018, 08:50:42 PM

Non-trivial piece of news.

Some might even classify as a BFD.

Institutional Investors Swap Bitcoin Futures for Physical BTC in Wall Street First

https://twitter.com/PeterLBrandt/status/1022574038214795264
This is it - and this is MAJOR.
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July 26, 2018, 08:52:16 PM
Last edit: July 26, 2018, 09:02:32 PM by Last of the V8s

https://www.cnbc.com/2018/07/26/winklevoss-twins-bitcoin-etf-rejected-by-sec.html
wtf etf?
https://twitter.com/CNBC/status/1022586017734426624


edit: https://www.sec.gov/rules/other/2018/34-83723.pdf
Elwar
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July 26, 2018, 08:53:39 PM

Here is a good, brief overview of IPv6 vs IPv4.

Quote
Summary: As currently implemented IPv6 networks might actually be less secure than IPv4. This is not because of the design IPv6 but because of inadequate support in firewalls and because network administrators and security specialist have more knowledge dealing with IPv4 than with IPv6.

Exactly. The longer we go with Bitcoin as the dominant currency over Bcash the harder it will be for there to ever be a "flippening". Imagine 2 years down the road people saying..."ok, to use 'the real Bitcoin' you need to sell your Bitcoin Core coins and buy bcash, and change your wallets, and give up all of the second layer resources you've been using like LN, Schnorr, RootStock, etc."

It's all moot though. Bcash has fallen to .1 BCH/BTC and falling.

At it's highest price Bitcoin Gold was .06 BTG/BTC. Can we all agree to talk as much about BCH as we did about BTG when the price is down to .06 BCH/BTC?
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July 26, 2018, 08:56:12 PM


I don’t consider a one-off pilot transaction for a nominal amount as major.  Let’s see if we get some adoption. 
infofront (OP)
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July 26, 2018, 08:58:12 PM

Last of the V8s
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July 26, 2018, 08:59:14 PM

https://uk.businessinsider.com/what-many-people-get-wrong-about-bitcoin-2018-7
good article and video
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July 26, 2018, 09:00:05 PM


Zuck might have called SEC to do it today just to lift his spirits  Grin
Sidenote: twins cannot get a f-g brake.
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July 26, 2018, 09:01:55 PM


No ETF because...bitcoin is traded outside the US.

Unlike gold, oil, etc.?
Elwar
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July 26, 2018, 09:03:34 PM

Well, that dip was entirely uncalled for !



Looks like the rejected Winklevoss ETF might have spooked the ETF hype folks.

The reason given is that there is too much manipulation of bitcoin prices outside the US.

There is nothing different with the other ETF applications that would change that.
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July 26, 2018, 09:03:38 PM


https://www.sec.gov/rules/other/2018/34-83723.pdf
full excuses here. have not read. moving some stops lol
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July 26, 2018, 09:11:06 PM


In fiat some get vastly different interest rates then the rest of us.
As a result, in fiat system some (with interest rates close to zero) can accumulate vast amounts of assets.

Don't expect the unfair system to play fair with the competition.
Elwar
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July 26, 2018, 09:14:18 PM

The SEC gave a roadmap for how they would accept a rule change:

"existing or newly created bitcoin futures markets may achieve significant size, and an ETP listing exchange may be able to
demonstrate in a proposed rule change that it will be able to address the risk of fraud and
manipulation by sharing surveillance information with a regulated market of significant size
related to bitcoin, as well as, where appropriate, with the spot markets underlying relevant
bitcoin derivatives. Should these circumstances develop, or conditions otherwise change in a
manner that affects the Exchange Act analysis, the Commission would then have the opportunity
to consider whether a bitcoin ETP would be consistent with the requirements of the
Exchange Act."
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July 26, 2018, 09:14:28 PM


Have skimmed at 200 mph.  Permanent disallowance of Winklevoss trust trading.  Assume this is shooting down the Winkle ETF?


Edit:  now I read the tweet.  Today is obviously do things the hard way day.

Let’s see if $8k is hot air


Whee $140 down in the time it took me to write that sentence
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July 26, 2018, 09:21:24 PM

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