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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26372753 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.)
macsga
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Strange, yet attractive.


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January 16, 2015, 06:20:44 AM

https://www.bitfinex.com/pages/announcements/?id=31

What do you guys think about this "tether" thing ?

it seems to be a US nubits

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Transparent

Tether currency is 100% backed by actual assets in our reserve account and can be viewed and verified in real-time.

might be really interesting Smiley

Well it reintroduces the trusted third party, the elimination of which was the main innovation of Bitcoin. How it can be 100% transparent is something I'll have to look into more carefully before I can comment on.

Ditto. https://wallet.tether.to/request_invite
Applied for beta access.
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Dump3er
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Cashback 15%


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January 16, 2015, 06:23:59 AM

Doesn't that make you a bitcoiner?

No more than using soap makes me a Soaper.  Now, if I climbed on a soap box and spoke in tongues about soap being the answer to all of mankind's problems, THEN I'd be a Soaper.

 Cheesy
BTCtrader71
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January 16, 2015, 06:35:00 AM

https://www.bitfinex.com/pages/announcements/?id=31

What do you guys think about this "tether" thing ?

This type of thing (I'm sure there will be other services similar to tether) will be a game changer -- IF the entities backing the funds prove trustworthy.
luckygenough56
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January 16, 2015, 06:37:20 AM

Doesn't that make you a bitcoiner?

No more than using soap makes me a Soaper.  Now, if I climbed on a soap box and spoke in tongues about soap being the answer to all of mankind's problems, THEN I'd be a Soaper.

 Cheesy


 Cheesy
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January 16, 2015, 06:39:25 AM

https://www.bitfinex.com/pages/announcements/?id=31

What do you guys think about this "tether" thing ?

it seems to be a US nubits

Quote
Transparent

Tether currency is 100% backed by actual assets in our reserve account and can be viewed and verified in real-time.

might be really interesting Smiley

Well it reintroduces the trusted third party, the elimination of which was the main innovation of Bitcoin. How it can be 100% transparent is something I'll have to look into more carefully before I can comment on.

Not sure how it works myself but you can't use exchange without trusting 3rd party. Now if these "tethers" are on transparent "blockchain" and i can hold a multisig private key, that would make an audit a no brainer. They literally just have to show that they bank account holds the outstanding amount of tethers. Which is leaps and bounds above current audit options
billyjoeallen
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January 16, 2015, 06:47:23 AM



Not sure how it works myself but you can't use exchange without trusting 3rd party.

You can if you're a miner.
JayJuanGee
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January 16, 2015, 06:50:52 AM




No, No, No...


you could say that things are getting pretty critical!!!!!       Cheesy Cheesy Cheesy
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January 16, 2015, 06:55:39 AM

Today is friday might be a good day for selling on the news
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January 16, 2015, 06:57:39 AM

Today is friday might be a good day for selling on the news

which news??
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January 16, 2015, 07:00:45 AM

Bitfinex

Bitstamp

Explanation
podyx
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January 16, 2015, 07:09:44 AM

Can anybody link that guy's twitter? Adam or whatever his name is. Are the news supposed to be bullish or bearish?
razorramon
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January 16, 2015, 07:23:16 AM

it's hard to say if it's bullish or bearish...a lot of if's and depend's

could be russia related or something to do with the recent dumps also something completely different...maybe nothing
cbeast
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January 16, 2015, 07:24:04 AM

https://www.bitfinex.com/pages/announcements/?id=31

What do you guys think about this "tether" thing ?
Sounds a lot like e-gold and we know how that went down.
bad trader
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January 16, 2015, 07:36:53 AM

https://www.bitfinex.com/pages/announcements/?id=31

What do you guys think about this "tether" thing ?
So, is this at least partially why BTC has been crashing? How bad is this? Has it been priced in already?

Good news: Ripple died. Grin
podyx
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January 16, 2015, 07:36:57 AM

Can anybody link that guy's twitter? Adam or whatever his name is. Are the news supposed to be bullish or bearish?

https://twitter.com/AdamGuerbuez

Thanks

"Early Friday Morning #Bitcoin Thought of the day... Sometimes A Big EGO doesn't PAY."
What the fuck is this supposed to mean though? He failed to deliver or what? Cheesy
Dilla
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January 16, 2015, 07:45:30 AM

Well, whatever it is tomorrow better hurry up so we can find out.
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January 16, 2015, 07:46:25 AM

Might just have been the Korean bitcoin cards new actually.
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January 16, 2015, 07:50:18 AM

http://www.coindesk.com/bitcoin-exchange-egopay-freeze-client-funds/
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January 16, 2015, 07:51:05 AM

this market is unpredictable (to me) anyway

all my data said retest of bottom or lower...now it looks like we will go high soon...

bears are not posting atm...which they usually dont if we go up...i guess it depended on the attempt to break 200 significantly again (which failed)

i dont know

but the karpeles "news" are really funny...
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January 16, 2015, 07:56:40 AM

this market is unpredictable (to me) anyway

all my data said retest of bottom or lower...now it looks like we will go high soon...

bears are not posting atm...which they usually dont if we go up...i guess it depended on the attempt to break 200 significantly again (which failed)

i dont know

but the karpeles "news" are really funny...

Maybe true in some sense... Even some Economist, I mean Finance Professor Mark Williams too claimed that BTC will crash to $10 by Mid-2014, but it was all hoax and instead, BTC recovered instead of crashing during that month...
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