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

[ChartBuddy]

Coin
Explanation

[gkv9]

Good news for bitcoin, like always...

You mean more sell? So, what's the new goal? Maybe $200 again?

[SirChiko]

Good news for bitcoin, like always...

You mean more sell? So, what's the new goal? Maybe $200 again?

More selling? They have to buy in first

[greenlion]

Good news for bitcoin, like always...

Why would an organization that is literally tasked with the legal authority to create what amounts to database entries even consider adopting all this trustless third-party-free blockchain stuff? There is no point to them volunteering to put Bitcoin on the map, when all they really need is their own proprietary shitty Ripple. If the Fed ever has anything to do with Bitcoin it wouldn't be this, it would be interacting with it as an asset after it had already established itself outside of their purview.

[bassclef]

Ignore ignore ignore the sockpuppets. You will thank me in the long run.

[KryptoFoo]

In case you too lazy to google here is the link to full article from above

http://www.paymentssource.com/news/interchange/the-fed-backs-away-from-bitcoin-for-real-time-payments-3020418-1.html

Here is where i take isue with the articles author: but why wouldn't the fed use hobonickels? Lol

[ChartBuddy]

Coin
Explanation

[79b79aa8d5047da6d3XX]

Ha ha, yes, the Fed proposes to have a conversation over the fact that the legacy payments system is broke. Their idea is to have some task forces get to work over the next few years to broker a more efficient one.

Bitcoin not considered mature enough at the moment, but a similar option, except with a centralized authority, is seen as an option.

https://fedpaymentsimprovement.org
https://fedpaymentsimprovement.org/wp-content/uploads/strategies-improving-us-payment-system.pdf

[jaberwock]

Ha ha, yes, the Fed proposes to have a conversation over the fact that the legacy payments system is broke. Their idea is to have some task forces get to work over the next few years to broker a more efficient one.

Bitcoin not considered mature enough at the moment, but a similar option, except with a centralized authority, is seen as an option.

https://fedpaymentsimprovement.org
https://fedpaymentsimprovement.org/wp-content/uploads/strategies-improving-us-payment-system.pdf

hum?

more ripple cheerleading?

[79b79aa8d5047da6d3XX]

no, they are looking out for themselves.

https://bitcointalk.org/index.php?topic=68655.msg10275270#msg10275270

[Searing]

In case you too lazy to google here is the link to full article from above

http://www.paymentssource.com/news/interchange/the-fed-backs-away-from-bitcoin-for-real-time-payments-3020418-1.html

Here is where i take isue with the articles author: but why wouldn't the fed use hobonickels? Lol

Fed is setting it up so banks can make their own blockchain coin probably like paycoin etc they can control
tweak.....thus shutting out this 'pesky' bitcoin open source coin

which looks like for bank to bank xfer of money transfers etc they could probably do w/o a lot of issue
getting the rest of us to accept such a 'controlled coin' is somthing else imho

but then again i used to believe in KNC miners so wtf do I know..

[hdbuck]

it's over guys

[macsga]

In case you too lazy to google here is the link to full article from above

http://www.paymentssource.com/news/interchange/the-fed-backs-away-from-bitcoin-for-real-time-payments-3020418-1.html

Here is where i take isue with the articles author: but why wouldn't the fed use hobonickels? Lol

Fed is setting it up so banks can make their own blockchain coin probably like paycoin etc they can control
tweak.....thus shutting out this 'pesky' bitcoin open source coin

which looks like for bank to bank xfer of money transfers etc they could probably do w/o a lot of issue
getting the rest of us to accept such a 'controlled coin' is somthing else imho

but then again i used to believe in KNC miners so wtf do I know..

You're actually much smarter than people who believed in AMT.

Even if they have plans they are far from realizing them. It's like that article about quantum computers

Having a digital coin doing the same job that fiat does at the moment? What for? They can transfer all the fiat they want at once and without a problem right now. Besides, if they want an inflation-capable coin they have already some to choose from: Ripple, Doge, you name it. I believe they want the blockchain integration into their business. Bitcoin (as an application) is not so significant. The "river" is blockchain. Bitcoin is just a boat that floats inside.

[Venusianism]

A fair few longs being liquidated on 796 futures. Another sleepless night coming up I think.

When there is blood in the streets!

Blood is like 200. I was there

False. There's less than 1.5M bitcoin users on the entire planet. Blood is $115.

1.5M with what, an average of less than 10 coins each? if we all wanted an average of 11, there wouldn't be enough to go around, even if the price hit $10,000.  

This too shall pass, Gentlemen. Be greedy when others are fearful.

Oh no. Not the bulltard-edition BJA. I liked you better as a bear ;p

Most users have less than 10 .5* coins each, as they're southeast-asian or latin american - forget ever affording 'an average of 11' - these third-worlders beg on dice sites for .001. Even as a lucky first-worlder I've never even had more than 1.2 btc =/

[findftp]

In case you too lazy to google here is the link to full article from above

http://www.paymentssource.com/news/interchange/the-fed-backs-away-from-bitcoin-for-real-time-payments-3020418-1.html

Here is where i take isue with the articles author: but why wouldn't the fed use hobonickels? Lol

Fed is setting it up so banks can make their own blockchain coin probably like paycoin etc they can control
tweak.....thus shutting out this 'pesky' bitcoin open source coin

which looks like for bank to bank xfer of money transfers etc they could probably do w/o a lot of issue
getting the rest of us to accept such a 'controlled coin' is somthing else imho

but then again i used to believe in KNC miners so wtf do I know..

You're actually much smarter than people who believed in AMT.

Even if they have plans they are far from realizing them. It's like that article about quantum computers

Having a digital coin doing the same job that fiat does at the moment? What for? They can transfer all the fiat they want at once and without a problem right now. Besides, if they want an inflation-capable coin they have already some to choose from: Ripple, Doge, you name it. I believe they want the blockchain integration into their business. Bitcoin (as an application) is not so significant. The "river" is blockchain. Bitcoin is just a boat that floats inside.

They cannot launch a coin.
They have to lure everyone into it.
Bitcoin it is. They know it and we know it because they fucked up the fiat game and sold all the gold.
Bitcoin will be the global solution whether you like it or not.

[mymenace]

In case you too lazy to google here is the link to full article from above

http://www.paymentssource.com/news/interchange/the-fed-backs-away-from-bitcoin-for-real-time-payments-3020418-1.html

Here is where i take isue with the articles author: but why wouldn't the fed use hobonickels? Lol

Fed is setting it up so banks can make their own blockchain coin probably like paycoin etc they can control
tweak.....thus shutting out this 'pesky' bitcoin open source coin

which looks like for bank to bank xfer of money transfers etc they could probably do w/o a lot of issue
getting the rest of us to accept such a 'controlled coin' is somthing else imho

but then again i used to believe in KNC miners so wtf do I know..

You're actually much smarter than people who believed in AMT.

Even if they have plans they are far from realizing them. It's like that article about quantum computers

Having a digital coin doing the same job that fiat does at the moment? What for? They can transfer all the fiat they want at once and without a problem right now. Besides, if they want an inflation-capable coin they have already some to choose from: Ripple, Doge, you name it. I believe they want the blockchain integration into their business. Bitcoin (as an application) is not so significant. The "river" is blockchain. Bitcoin is just a boat that floats inside.

They cannot launch a coin.
They have to lure everyone into it.
Bitcoin it is. They know it and we know it because they fucked up the fiat game and sold all the gold.
Bitcoin will be the global solution whether you like it or not.

i thought the NSA created bitcoin. "tongue in cheek"

[ChartBuddy]

Coin
Explanation

[Fatman3001]

Yo Macsga!

Saw you made some changes in Greece this weekend!

[macsga]

Yo Macsga!

Saw you made some changes in Greece this weekend!

Hopefully, this is only the beginning. Expect more from Greece. We owe it to ourselves.
As a wiseman once said:
"Never underestimate the people who have nothing to lose".

[freebit13]

They cannot launch a coin.
They have to lure everyone into it.
Bitcoin it is. They know it and we know it because they fucked up the fiat game and sold all the gold.
Bitcoin will be the global solution whether you like it or not.

i thought the NSA created bitcoin. "tongue in cheek"

Yeah, all to create rainbow tables for SHA256. "Feeds the trolls"