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

[KryptoFoo]

that story has not hit on twitter, when it does I expect price to rise!

21 is old news. they are already on the network, mining.

not mining.

Members of the bitcoin community speculated about a secret vehicle for Silicon Valley elites to develop high-powered equipment that could dominate bitcoin mining. Mr. Pauker’s comments about a consumer focus suggest that isn’t where the company has ended up.

The initial secrecy around 21 was “solely for pragmatic reasons – we didn’t have anything to say to the world,” – says co-founder Balaji Srinivasan, who is also a partner at Andreessen Horowitz. He compares 21’s work in building bitcoin products for the general public to the sequential development of 56-kilobit Internet modems, international fiber cables and wireless Internet towers, which all helped bring the Internet into people’s homes in the late 1990s.

[podyx]

$116m funding for 21 inc

http://blogs.wsj.com/digits/2015/03/10/secretive-bitcoin-startup-21-reveals-record-funds-hints-at-mass-consumer-play/

Qualcomm’s involvement could spur speculation that 21 has its sights on the so-called “Internet of Things.” 

wow!  

According to Silicon Valley investors such as those taking stakes in 21, say that failure to gain mass adoption is partly because the public’s attention has been misguidedly focused on bitcoin’s limited potential as a digital alternative to traditional currencies. In reality, they say, its underlying technology has far wider applications than that. Unlike the currency transactions that are generally associated with bitcoin, these new uses could range from lawyer-free smart contracts to tamper-proof online voting systems.

They'll start using the blockchain technology for other services. Bitcoin the currency has failed in their perspective.
Anyway, I agree with them, that the technology is great but bitcoin the currency is a gimmick.
So, tough luck for all of the "i'll-just-sit-on-my-ass-while-becoming-rich" folks.

[ChuckBuck]

$116m funding for 21 inc

http://blogs.wsj.com/digits/2015/03/10/secretive-bitcoin-startup-21-reveals-record-funds-hints-at-mass-consumer-play/

Qualcomm’s involvement could spur speculation that 21 has its sights on the so-called “Internet of Things.”  

Asked for his views on 21, Mr. Andreessen said it “is working on what they — and we — consider to be core infrastructure for mainstreaming bitcoin.”

so, not mining equipment.

wow!  

That is f#cking bullish ass muthf#ckin news right there!

Wow, and I thought the $75 mill NYSE dumped onto Coinbase was investing...this is taking it to another level.

Very encouraging overall, just the amount of interest that's been gathering the last couple years.

[heartastack]

They'll start using the blockchain technology for other services. Bitcoin the currency has failed in their perspective.
Anyway, I agree with them, that the technology is great but bitcoin the currency is a gimmick.
So, tough luck for all of the "i'll-just-sit-on-my-ass-while-becoming-rich" folks.

Damn..that's what I enjoyed most so far

[tarmi]

that story has not hit on twitter, when it does I expect price to rise!

21 is old news. they are already on the network, mining.

not mining.

Members of the bitcoin community speculated about a secret vehicle for Silicon Valley elites to develop high-powered equipment that could dominate bitcoin mining. Mr. Pauker’s comments about a consumer focus suggest that isn’t where the company has ended up.

The initial secrecy around 21 was “solely for pragmatic reasons – we didn’t have anything to say to the world,” – says co-founder Balaji Srinivasan, who is also a partner at Andreessen Horowitz. He compares 21’s work in building bitcoin products for the general public to the sequential development of 56-kilobit Internet modems, international fiber cables and wireless Internet towers, which all helped bring the Internet into people’s homes in the late 1990s.

old news


https://bitcointalk.org/index.php?topic=334759.0

here it says they took 5 mil.

so I call bs.

Searching SEC forms, we find they raised $5 million:

http://marketbrief.com/21e6-llc-form-d-sec-filng-000001


nice try though.

[ChuckBuck]

that story has not hit on twitter, when it does I expect price to rise!

21 is old news. they are already on the network, mining.

not mining.

Members of the bitcoin community speculated about a secret vehicle for Silicon Valley elites to develop high-powered equipment that could dominate bitcoin mining. Mr. Pauker’s comments about a consumer focus suggest that isn’t where the company has ended up.

The initial secrecy around 21 was “solely for pragmatic reasons – we didn’t have anything to say to the world,” – says co-founder Balaji Srinivasan, who is also a partner at Andreessen Horowitz. He compares 21’s work in building bitcoin products for the general public to the sequential development of 56-kilobit Internet modems, international fiber cables and wireless Internet towers, which all helped bring the Internet into people’s homes in the late 1990s.

old news


https://bitcointalk.org/index.php?topic=334759.0

here it says they took 5 mil.

so I call bs.

Searching SEC forms, we find they raised $5 million:

http://marketbrief.com/21e6-llc-form-d-sec-filng-000001


nice try though.

Not old news:

https://www.crunchbase.com/organization/21e6



Nice try though.

[Brewins]

can we just break 300 now?

So I won't feel the desire of checking the prices every 2 seconds

[ChartBuddy]

Coin
Explanation

[KryptoFoo]

So nice when the price takes time to react, giving us all a chance to load up. I guess the masses are waiting for somebody to interpret the article and tell them this is good news.  


edit: barry silbert just retweeted it, here we go!!!!

[techman]

can we just break 300 now?

So I won't feel the desire of checking the prices every 2 seconds

Just set an alarm for above 300$ and under 290$

[gkv9]

can we just break 300 now?

So I won't feel the desire of checking the prices every 2 seconds

Just set an alarm for above 300$ and under 290$

Still a chance to get below 290?
Actually, I would like to second that, we might see some correction back to 275 before going for a big rally, not saying to the moon or something like that...

[KryptoFoo]

when Silbert tweets, people listen.

[michaelGedi]

So nice when the price takes time to react, giving us all a chance to load up. I guess the masses are waiting for somebody to interpret the article and tell them this is good news.  


edit: barry silbert just retweeted it, here we go!!!!

interpreting it properly would mean that it is not necessarily directly good news for the price of bitcoin.


EDIT: but all good PR for bitcoin is, indirectly, of course...

[HarmonLi]

Ha, some people love Silbert, and some call him 'the go to guy on Wall Street when you need speculative or dubious assets' I think he's doing just fine. The more the merrier, though - there is still some space left in the BTC-boat rocket

[oda.krell]

So nice when the price takes time to react, giving us all a chance to load up. I guess the masses are waiting for somebody to interpret the article and tell them this is good news.  


edit: barry silbert just retweeted it, here we go!!!!

interpreting it properly would mean that it is not necessarily directly good news for the price of bitcoin.


EDIT: but all good PR for bitcoin is, indirectly, of course...

Name of the startup: 21 Inc. ...

Total number of BTC ever to be mined: 21 million

It all makes sense now! They are true believers of the Church of Satoshi! /s

(EDIT) oh, nevermind, they actually say that much themselves >_<

[Sitarow]

[ghandi]

So, let's go straight to $300

[damiano]

can we just break 300 now?

So I won't feel the desire of checking the prices every 2 seconds

I think it's more likely we test support again rather than 300.  Everyone was waiting for 300 last night and instead of selling at 300 everyone sold at 298-297.  We're also in bear whale territory so shacking out these weak hands is a must

[3x2]

So, let's go straight to $300

lets ride to 300 

[michaelGedi]

So nice when the price takes time to react, giving us all a chance to load up. I guess the masses are waiting for somebody to interpret the article and tell them this is good news.  


edit: barry silbert just retweeted it, here we go!!!!

interpreting it properly would mean that it is not necessarily directly good news for the price of bitcoin.


EDIT: but all good PR for bitcoin is, indirectly, of course...

Name of the startup: 21 Inc. ...

Total number of BTC ever to be mined: 21 million

It all makes sense now! They are true believers of the Church of Satoshi! /s

(EDIT) oh, nevermind, they actually say that much themselves >_<

yeah I heard that there are actually 21 guys called Satoshi working there, keep that on the down low though, insider info...