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

[VB1001]

https://www.theice.com/products/72035464/Bakkt-Bitcoin-USD-Monthly-Futures-Contract

On September 22, a product designed to remake Bitcoin as a mainstream investment for the world's investment managers will go live. When ICE Futures U.S., one of the world's largest commodities markets, opens trading at 8 p.m. ET that day, it will offer Bakkt Daily and Monthly Bitcoin Futures, the first physically delivered crypto-currency contracts ever traded on a federally regulated exchange.

https://fortune.com/2019/09/20/bitcoin-futures-bakkt-launch

I think the movement for Bakkt could start today, according to the article, 08:00 PM ET in New York, close 06:00 PM (* Next day)

[realr0ach]

When ICE Futures U.S., one of the world's largest commodities markets

Have you heard the - I wouldn't call it a conspiracy theory, because it's something the bankers would actually do, but it's pretty out there idea - that the NYSE and commodity markets mostly utilize TWO 'holding companies' for legal ownership of the underlying product, and supposedly if the economic system blows up, all assets are then transferred to these two holding companies and you no longer have a claim on them.  'Who' gets all this 'stuff', hell if I know. But I assume everything would just be plundered by govt and banks in some sort of continuity of govt program.  The only question is the degree of severity in which they can attempt to do this nonsense of literally stealing everything.

[realr0ach]

Roach on ignore as well

Conmen don't like having their con exposed.  One of the worst parts about digital shitcoin scams like Bitcoin - besides the fact it's designed to centralize, has built-in, rent seeking middlemen, doesn't remove counterparty risk, and other things - is the fact that if the monetary system does go bust, it would NEVER just be Bitcoin that existed as the only digital currency (thanks to digital shitcoins having no valid Schelling point).  Govts and corporations everywhere would have their own and attempt to force people into them.

This means you generally have to boycott and reject all of them and demand the use of only physical metals as money to prevent govt and corporations from getting their foot into the door of controlling the money supply.  Most of you shitcoiners are dumb as a sack of potatoes, so you don't understand that cheerleading for one artificial, synthetic, Keynesian currency scam is inadvertently shilling for all of them.  Hell, you're even shilling for the US dollar by claiming the monetary supply can be composed of imaginary widgets instead of money required to be a physical commodity as Aristotle discovered thousands of years ago.

It's also amusing how shitcoiners are Keynesians and lie claiming not to be.  If the prime mover of a system is completely synthetic and arbitrary in nature, it's always Keynesian.  There's no difference from a central banker manually adjusting a lever every few intervals of time to divy out some units of whatever or doing it by automatic script.  Zero.  Scripting Keynesianism doesn't make it not Keynesianism.  All currencies as opposed to physical commodity money are Keynesian schemes.

[Last of the V8s]

now look, no homo, right, but it has to be said, micgoossens' eyes are the most beautiful eyes.
they are large and round and clear and intense
when he looks at you, you feel like a dude.
sorry, The Dude
is it any wonder then that he has attracted the most beautiful woman in all Belgium? the queen, in fact

[fillippone]

Big news for LN, whose security has always been a concern:


The Specs Behind Bitcoin’s Lightning Pass Their First ‘Formal’ Security Test

The results are positive, showing that the underlying cryptography piled together to make the payment system work is sound, the researchers argue.

“All the security-critical parts of the system are rock-solid. This was the expected result – many smart people have collaborated to converge to the current incarnation of lightning network,” Litos told CoinDesk

“The main result is that lightning network is as secure as bitcoin.”

Bitcoin needs a proper layer 2 solution not only to destroy the value proposition of many altcoins, but also to progress to other, more evolute d later 3 solution: the more you build bitcoin, the more become the standard for the internet of money.

[realr0ach]

Big news for LN, whose security has always been a concern:


The Specs Behind Bitcoin’s Lightning Pass Their First ‘Formal’ Security Test

LOL.  They are real desperate to try and scam people into the LN permissioned ledger scam (an exact replica of the already existing banking system) typing shit like that.  Claiming people should use it because "the cryptography is secure" is like claiming Dogecoin should be the world reserve currency solely because the encryption functions.  Hey, JayJuanGee's emails are encrypted.  Maybe JayJuanGee's emails are money also?

[DeathAngel]

Probably one of the next meet ups

Wow, you guys met up in RL? I hope everything went really good. I’d love to be such an OG to get invited.
Any way hopefully some bullish movement when BAKKT begins tomorrow.

[d_eddie]

Wish I could be there
mythical gentlemens club
Observer meetup


#haiku

[P_Shep]

And a very cool memento:

Really great meeting up with my WO brothers. Cool bunch

[alevlaslo]

real application so far we have only thise coins: ETH for usdt, DASH for Venezuela and DOGE for transfer between exchanges

[d_eddie]

real application so far we have only thise coins: ETH for usdt, DASH for Venezuela and DOGE for transfer between exchanges

Bitcoin uselessest
of all the useless cryptos
broken record loops


#haiku

[mindrust]

in reality, only two cryptocurrencies are used so far: eth for usdt and dash for Venezuela

in reality, only two cryptocurrencies are used so far: eth for usdt and dash for Venezuela

in reality, only two cryptocurrencies are used so far: eth for usdt and dash for Venezuela

real application so far we have only thise coins: ETH for usdt, DASH for Venezuela, DOGE for transfer between exchanges and Komodo for Atomicdex

real application so far we have only three coins: ETH for usdt, DASH for Venezuela, DOGE for transfer between exchanges

real application so far we have only three coins: ETH for usdt, DASH for Venezuela, DOGE for transfer between exchanges

Someone report this fuckface for spamming.

[alevlaslo]

thanks for the accent

 the real use is only those coins, the rest are just pyramids! Well, you can add EOS for games and Augur for betting

[BitcoinGirl.Club]

How many meals you can buy with this note in the current market value?

[BitcoinGirl.Club]

By the way good afternoon WO brother!
Bitcoins moving in between 4 and 5 figures
Current observation @ $10,020

[btcbeliever]

By the way good afternoon WO brother!
Bitcoins moving in between 4 and 5 figures
Current observation @ $10,020

Seems like btc could continue at $10,000 for years.

Isn't it usually true that the longer Bitcoin remains stuck in the same price range, the more explosive and extreme to the upside the breakout becomes?

[BitcoinGirl.Club]

Isn't it usually true that the longer Bitcoin remains stuck in the same price range, the more explosive and extreme to the upside the breakout becomes?

History repeated this way several time but you can not be just very sure about anything. HODL!

[d_eddie]

Ah, ok. So it's the merit system that has turned this thread into a soft and fluffy version of itself.

+1 WoSMerit

Fluffy purple heart
I'll draw for you (serious!)
if you merit me


#haiku

[d_eddie]

How many meals you can buy with this note in the current market value?

Can't buy lots of food
look at the corn and maybe
buy a grain of salt


#haiku

[Fatman3001]

Ah, ok. So it's the merit system that has turned this thread into a soft and fluffy version of itself.

+1 WoSMerit

Fluffy purple heart
I'll draw for you (serious!)
if you merit me


#haiku

whore