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

[spud21]

There is so little happening that it seems like ChartBuddy's going to be the most active person in this thread today. All his posts will show exactly the same price for page after page.

We should take bets on how long it will be until something happens. Maybe in another few months.

[ChartBuddy]

Coin
Explanation

[ChartBuddy]

Coin
Explanation

[cyclotronmajesty]

There is so little happening that it seems like ChartBuddy's going to be the most active person in this thread today. All his posts will show exactly the same price for page after page.

We should take bets on how long it will be until something happens. Maybe in another few months.

isn't nearly as boring as it was couple weeks ago when it sat at 241 for about a year.

I think I can make the price drop again if I put the rest of my money in bitcoin... Maybe if I buy now it'll go down to 150$?

Or maybe if I sell it will push up to 275? ... hah

[ChartBuddy]

Coin
Explanation

[soullyG]

Just saw this article: Bitfinex and BitGo Partner to Create World’s First Real-Time Proof of Reserve Bitcoin Exchange.

Is this system already in place? Haven't heard any mention of it in the last week or so..

http://www.businesswire.com/news/home/20150603005462/en/Bitfinex-BitGo-Partner-Create-World%E2%80%99s-Real-Time-Proof#.VW8C-Gnn_qB

Hong Kong & PALO ALTO, Calif.--(BUSINESS WIRE)--Bitfinex, the world’s leading Bitcoin exchange, today unveiled a new Bitcoin settlement and security architecture that for the first time ever offers complete segregation of all customer bitcoins. Based on BitGo’s revolutionary multi-signature technology, the Bitfinex exchange now provides individual multi-signature wallets for each customer, allowing traders to verify funds on the blockchain for complete transparency while retaining institutional-level security.

“The era of commingling customer Bitcoin and all of the associated security exposures is over,” said Zane Tackett, Director of Community & Product Development at Bitfinex. “The trading community has long sought individually verifiable accounts without sacrificing security or performance. With the help of BitGo’s multi-signature technology, the Bitfinex team is very excited to be the first exchange in the world to automate Bitcoin settlements using ‘On-Blockchain’ customer segregated wallets.”

Similar to gold exchanges offering proof of physical gold, the Bitfinex exchange allows for near-real-time verification of customer Bitcoin balances as confirmed by the Blockchain. All funds and private transactions are secured with multi-institutional, multi-signature, two-step authentication and advanced policies that support individual and institutional trading activities.

“We’ve been working with Bitfinex for several months and are impressed by their dedication to security for their users,” said BitGo CEO Mike Belshe. “The industry has been clamoring for exchanges to adopt the multi-sig model, and we’re proud that Bitfinex selected BitGo’s platform to do it. This new level of transparency and security makes breaches such as those of Mt. Gox impossible.”

Like other current bitcoin exchanges, Bitfinex previously implemented security via a shared pool, similar to using one set of keys to access an entire bank vault. Today, Bitfinex uses a unique set of keys for each user, and separates each user’s funds on the public blockchain. This powerful combination of BitGo’s multi-sig technology with Bitfinex’s exchange mitigates most of the shared pool security risks while simultaneously enabling users to verify their individual holdings on the blockchain.

[cyclotronmajesty]

Comon bulls you can't let those bears get away with that.

FIIIIIIGHTTT!  =D

[Fakhoury]

Just saw this article: Bitfinex and BitGo Partner to Create World’s First Real-Time Proof of Reserve Bitcoin Exchange.

Is this system already in place? Haven't heard any mention of it in the last week or so..

http://www.businesswire.com/news/home/20150603005462/en/Bitfinex-BitGo-Partner-Create-World%E2%80%99s-Real-Time-Proof#.VW8C-Gnn_qB

Hong Kong & PALO ALTO, Calif.--(BUSINESS WIRE)--Bitfinex, the world’s leading Bitcoin exchange, today unveiled a new Bitcoin settlement and security architecture that for the first time ever offers complete segregation of all customer bitcoins. Based on BitGo’s revolutionary multi-signature technology, the Bitfinex exchange now provides individual multi-signature wallets for each customer, allowing traders to verify funds on the blockchain for complete transparency while retaining institutional-level security.

“The era of commingling customer Bitcoin and all of the associated security exposures is over,” said Zane Tackett, Director of Community & Product Development at Bitfinex. “The trading community has long sought individually verifiable accounts without sacrificing security or performance. With the help of BitGo’s multi-signature technology, the Bitfinex team is very excited to be the first exchange in the world to automate Bitcoin settlements using ‘On-Blockchain’ customer segregated wallets.”

Similar to gold exchanges offering proof of physical gold, the Bitfinex exchange allows for near-real-time verification of customer Bitcoin balances as confirmed by the Blockchain. All funds and private transactions are secured with multi-institutional, multi-signature, two-step authentication and advanced policies that support individual and institutional trading activities.

“We’ve been working with Bitfinex for several months and are impressed by their dedication to security for their users,” said BitGo CEO Mike Belshe. “The industry has been clamoring for exchanges to adopt the multi-sig model, and we’re proud that Bitfinex selected BitGo’s platform to do it. This new level of transparency and security makes breaches such as those of Mt. Gox impossible.”

Like other current bitcoin exchanges, Bitfinex previously implemented security via a shared pool, similar to using one set of keys to access an entire bank vault. Today, Bitfinex uses a unique set of keys for each user, and separates each user’s funds on the public blockchain. This powerful combination of BitGo’s multi-sig technology with Bitfinex’s exchange mitigates most of the shared pool security risks while simultaneously enabling users to verify their individual holdings on the blockchain.

Wouldn't we rally soon ?

[hdbuck]

Just saw this article: Bitfinex and BitGo Partner to Create World’s First Real-Time Proof of Reserve Bitcoin Exchange.

Is this system already in place? Haven't heard any mention of it in the last week or so..

http://www.businesswire.com/news/home/20150603005462/en/Bitfinex-BitGo-Partner-Create-World%E2%80%99s-Real-Time-Proof#.VW8C-Gnn_qB

Hong Kong & PALO ALTO, Calif.--(BUSINESS WIRE)--Bitfinex, the world’s leading Bitcoin exchange, today unveiled a new Bitcoin settlement and security architecture that for the first time ever offers complete segregation of all customer bitcoins. Based on BitGo’s revolutionary multi-signature technology, the Bitfinex exchange now provides individual multi-signature wallets for each customer, allowing traders to verify funds on the blockchain for complete transparency while retaining institutional-level security.

“The era of commingling customer Bitcoin and all of the associated security exposures is over,” said Zane Tackett, Director of Community & Product Development at Bitfinex. “The trading community has long sought individually verifiable accounts without sacrificing security or performance. With the help of BitGo’s multi-signature technology, the Bitfinex team is very excited to be the first exchange in the world to automate Bitcoin settlements using ‘On-Blockchain’ customer segregated wallets.”

Similar to gold exchanges offering proof of physical gold, the Bitfinex exchange allows for near-real-time verification of customer Bitcoin balances as confirmed by the Blockchain. All funds and private transactions are secured with multi-institutional, multi-signature, two-step authentication and advanced policies that support individual and institutional trading activities.

“We’ve been working with Bitfinex for several months and are impressed by their dedication to security for their users,” said BitGo CEO Mike Belshe. “The industry has been clamoring for exchanges to adopt the multi-sig model, and we’re proud that Bitfinex selected BitGo’s platform to do it. This new level of transparency and security makes breaches such as those of Mt. Gox impossible.”

Like other current bitcoin exchanges, Bitfinex previously implemented security via a shared pool, similar to using one set of keys to access an entire bank vault. Today, Bitfinex uses a unique set of keys for each user, and separates each user’s funds on the public blockchain. This powerful combination of BitGo’s multi-sig technology with Bitfinex’s exchange mitigates most of the shared pool security risks while simultaneously enabling users to verify their individual holdings on the blockchain.

Wouldn't we rally soon ?

no fake volumes <=> no rally

[ChartBuddy]

Coin
Explanation

[Fakhoury]

Just saw this article: Bitfinex and BitGo Partner to Create World’s First Real-Time Proof of Reserve Bitcoin Exchange.

Is this system already in place? Haven't heard any mention of it in the last week or so..

http://www.businesswire.com/news/home/20150603005462/en/Bitfinex-BitGo-Partner-Create-World%E2%80%99s-Real-Time-Proof#.VW8C-Gnn_qB

Hong Kong & PALO ALTO, Calif.--(BUSINESS WIRE)--Bitfinex, the world’s leading Bitcoin exchange, today unveiled a new Bitcoin settlement and security architecture that for the first time ever offers complete segregation of all customer bitcoins. Based on BitGo’s revolutionary multi-signature technology, the Bitfinex exchange now provides individual multi-signature wallets for each customer, allowing traders to verify funds on the blockchain for complete transparency while retaining institutional-level security.

“The era of commingling customer Bitcoin and all of the associated security exposures is over,” said Zane Tackett, Director of Community & Product Development at Bitfinex. “The trading community has long sought individually verifiable accounts without sacrificing security or performance. With the help of BitGo’s multi-signature technology, the Bitfinex team is very excited to be the first exchange in the world to automate Bitcoin settlements using ‘On-Blockchain’ customer segregated wallets.”

Similar to gold exchanges offering proof of physical gold, the Bitfinex exchange allows for near-real-time verification of customer Bitcoin balances as confirmed by the Blockchain. All funds and private transactions are secured with multi-institutional, multi-signature, two-step authentication and advanced policies that support individual and institutional trading activities.

“We’ve been working with Bitfinex for several months and are impressed by their dedication to security for their users,” said BitGo CEO Mike Belshe. “The industry has been clamoring for exchanges to adopt the multi-sig model, and we’re proud that Bitfinex selected BitGo’s platform to do it. This new level of transparency and security makes breaches such as those of Mt. Gox impossible.”

Like other current bitcoin exchanges, Bitfinex previously implemented security via a shared pool, similar to using one set of keys to access an entire bank vault. Today, Bitfinex uses a unique set of keys for each user, and separates each user’s funds on the public blockchain. This powerful combination of BitGo’s multi-sig technology with Bitfinex’s exchange mitigates most of the shared pool security risks while simultaneously enabling users to verify their individual holdings on the blockchain.

Wouldn't we rally soon ?

no fake volumes <=> no rally

I was talking about this actually.

World’s First Real-Time Proof of Reserve Bitcoin Exchange

[Wandererfromthenorth]

Bulls, I hope you are prepared to deal with the strongest kicks in the nuts (coming in the next few weeks in the bitcoin markets) like this guy is  


https://www.youtube.com/watch?v=a86cQobU-n4





 











PS: Sorry, that was just an excuse to post that video here  : P

[tomothy]

Although initially it appears that markets are truly moving sideways; when you track the correlating changes between ltc/btc, you see a slightly different picture. Before the significant drop in BTC recently, LTC made some moves. More recently, ltc has been climbing from .0072 to .0075. I think you could easily see a significant drop again in ltc followed by a significant move in btc. Whether that move is up or down is unclear. However, it's June and the bitlicense is coming soon. I would guess a sharp downward trend when it is announced followed by steady sharp rise. this is however, all speculation afterall...

[minerpumpkin]

Although initially it appears that markets are truly moving sideways; when you track the correlating changes between ltc/btc, you see a slightly different picture. Before the significant drop in BTC recently, LTC made some moves. More recently, ltc has been climbing from .0072 to .0075. I think you could easily see a significant drop again in ltc followed by a significant move in btc. Whether that move is up or down is unclear. However, it's June and the bitlicense is coming soon. I would guess a sharp downward trend when it is announced followed by steady sharp rise. this is however, all speculation afterall...

So the Bitlicense could act as the "2013 Silkroad event" of 2015?

[adamstgBit]

Although initially it appears that markets are truly moving sideways; when you track the correlating changes between ltc/btc, you see a slightly different picture. Before the significant drop in BTC recently, LTC made some moves. More recently, ltc has been climbing from .0072 to .0075. I think you could easily see a significant drop again in ltc followed by a significant move in btc. Whether that move is up or down is unclear. However, it's June and the bitlicense is coming soon. I would guess a sharp downward trend when it is announced followed by steady sharp rise. this is however, all speculation afterall...

we've seen a lot of news about the bitlicense, for quite some time, its negative effect on price has probably mostly all been priced in, if bitlicense makes you doubt the future of bitcoin ( or the future of the price of bitcoin ) chances are you sold on this news long ago.

[uhoh]

Although initially it appears that markets are truly moving sideways; when you track the correlating changes between ltc/btc, you see a slightly different picture. Before the significant drop in BTC recently, LTC made some moves. More recently, ltc has been climbing from .0072 to .0075. I think you could easily see a significant drop again in ltc followed by a significant move in btc. Whether that move is up or down is unclear. However, it's June and the bitlicense is coming soon. I would guess a sharp downward trend when it is announced followed by steady sharp rise. this is however, all speculation afterall...

we've seen a lot of news about the bitlicense, for quite some time, its negative effect on price has probably mostly all been priced in, if bitlicense makes you doubt the future of bitcoin ( or the future of the price of bitcoin ) chances are you sold on this news long ago.

True enough

I wanna know whether Gemini is ready to go as soon as Bitlicense is announced later today.

[adamstgBit]

will we break above 226 and run to 231?
the next 24hours are critical 

[Morecoin Freeman]

Bulls, I hope you are prepared to deal with the strongest kicks in the nuts (coming in the next few weeks in the bitcoin markets) like this guy is  


https://www.youtube.com/watch?v=a86cQobU-n4





 











PS: Sorry, that was just an excuse to post that video here  : P

What the hell. That's nuts.

[adamstgBit]

rocket launch T-45mins

[cyclotronmajesty]

will we break above 226 and run to 231?
the next 24hours are critical  

why are the next 24 hours critical? We already broke 226 today. And would you recommend I go out and trade in my hard earned fiat for bitcoin right now?