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

[Fatman3001]

Ethereum isn't going replace Bitcoin. It's a platform for a new way of approaching the internet. It's the only alt project I see much point in.

Not a loaded question, just wondering if you have a better insight into this topic: Care to explain in one or two sentences what Ethereum can do that the Blockchain plus possibly pegged side chains plus some hardware infrastructure linked to these can't do? Never really understood the point of a "Turing complete crypto", I guess.

I guess the same thing can be achieved with Bitcoin and a sidechain: http://bravenewcoin.com/news/rootstock-is-coming-are-ethereums-days-numbered-or-will-the-18-million-dollar-idea-survive/

But I'm more comfortable with it having its own blockchain and not risk being limited by decisions tackling Bitcoin-specific problems (This stupid block size debate or just block time, which is 12s in ethereum ). Thus far it seems to add flexibility and robustness (I still don't understand how the sidechains are to be properly secured, we know how a blockchain is secured. It works.). And since the token is meant to be used to fuel Dapp/smart contract actions it will not be as vulnerable to price fluctuations as a token that is meant to work as a value carrier. Nor do I see "The Network Effect" as being an issue with Ethereum for much the same reason.

[ChartBuddy]

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[Fatman3001]

Ethereum isn't going replace Bitcoin. It's a platform for a new way of approaching the internet. It's the only alt project I see much point in.

Not a loaded question, just wondering if you have a better insight into this topic: Care to explain in one or two sentences what Ethereum can do that the Blockchain plus possibly pegged side chains plus some hardware infrastructure linked to these can't do? Never really understood the point of a "Turing complete crypto", I guess.

Eventually Bitcoin and side chains will probably make Ethereum useless. Until then, it's a good altcoin and PoC.  

There's been suggestions that Ethereum might eventually turn itself into a sidechain. At least they get a head start.

[Blazin8888]

MICROSOFT CEO ON THE POWER OF AZURE CLOUD / ETH : ( TALKING TO TECH STUDENTS IN INDIA)   : https://youtu.be/hw00mtT9cLg

[natewelt]

Am I the only one who sees the giant 2K BTC wall @ 310?

[Fatman3001]

As I see Blazin is here trying to pump eth I feel it's important to note that there's no good reason to buy eth unless you need it to run something on the ethereum network. There is no good reason why that token should be worth more than a couple of bucks. What we're seeing now in eth is P&D.

[chennan]

MICROSOFT CEO ON THE POWER OF AZURE CLOUD / ETH : ( TALKING TO TECH STUDENTS IN INDIA)   : https://youtu.be/hw00mtT9cLg

Is it really necessary to promote ETH here? I mean this is a Bitcoin speculation thread... I understand maybe one or two times promoting it, but I think you might be going a little too far with constant links and references to it.  

[gentlemand]

As I see Blazin is here trying to pump eth I feel it's important to note that there's no good reason to buy eth unless you need it to run something on the ethereum network. There is no good reason why that token should be worth more than a couple of bucks. What we're seeing now in eth is P&D.

Since when did any alt have a compelling use case? At least there's a smidge of actual utility there not that I give a shit.

[chennan]

As I see Blazin is here trying to pump eth I feel it's important to note that there's no good reason to buy eth unless you need it to run something on the ethereum network. There is no good reason why that token should be worth more than a couple of bucks. What we're seeing now in eth is P&D.

Since when did any alt have a compelling use case? At least there's a smidge of actual utility there not that I give a shit.

Well not to go back off-topic again... but have you looked at any of the cryptonote coins?  They have a pretty compelling idea behind it and practical use.

[SheHadMANHands]

lol, look at this awkwardly forced push down.  

poor bears  

[gentlemand]

I should've rephrased that as present usage, not theoretical possibilities. And Ethereum is one of the extreme few stepping beyond this cesspit at present. Again, I still don't give a shit but I wish joy to everyone involved.

[ImI]

Am I the only one who sees the giant 2K BTC wall @ 310?

market was shocked for a moment and decided to move on.

[SheHadMANHands]

Am I the only one who sees the giant 2K BTC wall @ 310?

market was shocked for a moment and decided to move on.

2k?   giant?  lmfao

[natewelt]

Am I the only one who sees the giant 2K BTC wall @ 310?

market was shocked for a moment and decided to move on.

2k?   lmfao

On stamp. That's a huge order. Sure there are multi-k trades, but not usually all in one order.

[ChartBuddy]

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[spooderman]

manbearwhale was so weird. what is the overall take on what happened there? someone eating their own coins?

[billyjoeallen]

manbearwhale was so weird. what is the overall take on what happened there? someone eating their own coins?

I dunno, but he's had most of a year to buy back lower on the sly. 

[Blazin8888]

MICROSOFT CEO ON THE POWER OF AZURE CLOUD / ETH : ( TALKING TO TECH STUDENTS IN INDIA)   : https://youtu.be/hw00mtT9cLg

Is it really necessary to promote ETH here? I mean this is a Bitcoin speculation thread... I understand maybe one or two times promoting it, but I think you might be going a little too far with constant links and references to it.  

Interesting speech by CEO of Microsoft made in India ...to a bunch of IT students: https://youtu.be/hw00mtT9cLg   "Rich cloud infrastructure"  "In fact the way I decscribe it is, every device creates this exchaust of data, and the cloud and the power in the cloud can converge that into the fuel...and the intelligence that empowers every one of your experiences". - MICROSOFT AZURE. (quote starts at 5:19)

Another interesting interview made last month (get to know Microsoft and their future vision further): https://www.youtube.com/watch?v=8BourVzXU5o    (starts talking about power of AZURE at 7:00)

Paris Microsoft Enterprise group meeting interview: https://www.youtube.com/watch?v=LQ8Hiss2EkE      - shot back before Sataya was CEO -- Satya was responsible for building and running Microsoft's computing platforms, developer tools and cloud services. He and his team deliver the "Cloud OS." and was Rumored to be on the short list for CEO at this time, he shares his views on the future.

MICROSOFT AZURE CLOUD VIDEO: https://youtu.be/JJ44hEr5DFE


This all has to do with Bitcoin....this will all drive the price of BTC up in turn. Don't you see..its a win win win. The future of BTC is very bright and getting even brighter because of this.

[Cconvert2G36]

manbearwhale was so weird. what is the overall take on what happened there? someone eating their own coins?

Someone who preferred $9,000,000.

Seemed like a pretty open and fair way to liquidate such a huge number of coins, and the psychology after the action was pretty positive.

[BlindMayorBitcorn]

manbearwhale was so weird. what is the overall take on what happened there? someone eating their own coins?

Someone who preferred $9,000,000.

Seemed like a pretty open and fair way to liquidate such a huge number of coins, and the psychology after the action was pretty positive.

Was this before or after what we now know to have been Ethereum dumping their war-chest funding their project?