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

[JayJuanGee]

@JJG are you one of lambies characters?

Aren't we all?

Don't get me started.

Yes, why don't you get started with your stupid-ass belief that everyone is lambie...


except you of course.

what a dumb ass.

Don't freak me out you crazy fuck!

You are the one that started it, with your lame ass accusations. 

At least I put a little substance behind my assertions, versus your apparent trolling and/or white knighting efforts.

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[yefi]

Main engine ignition. All charts clear.

Say goodbye to sub $400 Bitcoin.

Forever.

GORF crossing awaits over the next few weeks.

The gorf is a new technical indicator to me

[BayAreaCoins]

I wouldn't be overly shocked to see $450's in the near future.

Long and strong.

Desperate much  

Not so strong i'd say!

Yeah even weak I'd say! ^^

And you were saying?

Still adding futures.

[toknormal]

The gorf is a new technical indicator to me

There is pent up worldwide demand for bitcoin. We may be imminently headed for $6000 BTC.

I'm not joking. Lets see.

Bitcoin has had a battering from the media for the best part of 6-7 years. Plenty know about it now. It has been superseded technologically and none of those assets even made a dent in its marketcap.

It has been superseded institutionally because we now know that banks all over the world have been running their own blockchains. But none of them even made a dent in Bitcoin's marketcap.

It has been superceeded strategically because we now have smart-contract based blockchains galore, yet, even none of those blockchains even made a dent in bitcoin's marketcap.

What will banks do when they discover that the value isn't blockchain, it's bitcoin ? What will they do when they discover that blockchain is dirt cheap, can be reproduced a million times over and actually isn't much more useful technologically than an SQL server worth $1000 bucks ? What will they do when they discover that bitcoin isn't dirt cheap, can't be replicated, can't be bought, can't be regulated and can't even be matched for hashpower with the combined budgets of all the world's banks put together ?

Bitcoin is going to be in demand by $7 billion people. Not for technological reasons, for monetary reasons. It is a perfected token both monetarily and sociologically. It is beginning to successfully conclude its "rights of passage" phase and just shortly, $400 now is going to look like $1 did back in 2010.

[ChartBuddy]

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Explanation

[Cconvert2G36]

Gentlemen!

You call this follow through volume? Snap out of it, you saw the jpg, BUY! Mewn is next.

lol at china volume painting

[BlindMayorBitcorn]

Amazing development work from Sean Bowe,  Pieter Wuille, Gregory Maxwell, and Madars Virza.

First successful Zero-Knowledge Contingent Payment (ZKCP) on Bitcoin network=

https://bitcoincore.org/en/2016/02/26/zero-knowledge-contingent-payments-announcement/

Who needs the competing zerocoin token when we can build CT , zk-SNARKs, and ZKCP's in Bitcoin directly?

Bullish!

Bullish!*

*(Don't hurt me, Fatman)

[Cconvert2G36]

Amazing development work from Sean Bowe,  Pieter Wuille, Gregory Maxwell, and Madars Virza.

First successful Zero-Knowledge Contingent Payment (ZKCP) on Bitcoin network=

https://bitcoincore.org/en/2016/02/26/zero-knowledge-contingent-payments-announcement/

Who needs the competing zerocoin token when we can build CT , zk-SNARKs, and ZKCP's in Bitcoin directly?

Bullish!

Bullish!*

*(Don't hurt me, Fatman)

It's nice work, to be sure.

Can you provide an example of how you would use it in a practical application? Entirely hypothetical of course, it doesn't have to be you.

Maybe also explain how that application might lead a meaningful increase in the demand for quantities of BTC? [the bullish part]

[adamstgBit]

Amazing development work from Sean Bowe,  Pieter Wuille, Gregory Maxwell, and Madars Virza.

First successful Zero-Knowledge Contingent Payment (ZKCP) on Bitcoin network=

https://bitcoincore.org/en/2016/02/26/zero-knowledge-contingent-payments-announcement/

Who needs the competing zerocoin token when we can build CT , zk-SNARKs, and ZKCP's in Bitcoin directly?

Bullish!

Bullish!*

*(Don't hurt me, Fatman)

i guess this is what the bump is about

nice 10$ sipke.

[BlindMayorBitcorn]

Amazing development work from Sean Bowe,  Pieter Wuille, Gregory Maxwell, and Madars Virza.

First successful Zero-Knowledge Contingent Payment (ZKCP) on Bitcoin network=

https://bitcoincore.org/en/2016/02/26/zero-knowledge-contingent-payments-announcement/

Who needs the competing zerocoin token when we can build CT , zk-SNARKs, and ZKCP's in Bitcoin directly?

Bullish!

Bullish!*

*(Don't hurt me, Fatman)

It's nice work, to be sure.

Can you provide an example of how you would use it in a practical application? Entirely hypothetical of course, it doesn't have to be you.

Maybe also explain how that application might lead a meaningful increase in the demand for quantities of BTC? [the bullish part]

My name is Jeff. My life is an open book. But sometimes people like to do private financial things. IDK. Anything to keep them away from XMR is fine with me.

[JayJuanGee]

why the price is not moving at all, we surely need some price increases if we want to attract more people to the bitcoin, also the stable price is very boring i must admit, i cant make too much money out of trading bitcoin

don't worry the "stable price" we've been seeing for past 48hours (420-425) is almost over, it's decision time.

>70% chance it resolves down IMO

I believe that this is the true reverse adam indicator in action, and no reverse psychology is being attempted in this here prediction..


Therefore, everyone, better get "all in" (or at least 70% in), since we have a 70% chance of going up....

Hahahahahaha..


I am not trying to troll you Adam, but it seems that the RAI has proven reliable, again.  Thanks for that little pump.   

 

[Cconvert2G36]

Amazing development work from Sean Bowe,  Pieter Wuille, Gregory Maxwell, and Madars Virza.

First successful Zero-Knowledge Contingent Payment (ZKCP) on Bitcoin network=

https://bitcoincore.org/en/2016/02/26/zero-knowledge-contingent-payments-announcement/

Who needs the competing zerocoin token when we can build CT , zk-SNARKs, and ZKCP's in Bitcoin directly?

Bullish!

Bullish!*

*(Don't hurt me, Fatman)

It's nice work, to be sure.

Can you provide an example of how you would use it in a practical application? Entirely hypothetical of course, it doesn't have to be you.

Maybe also explain how that application might lead a meaningful increase in the demand for quantities of BTC? [the bullish part]

My name is Jeff. My life is an open book. But sometimes people like to do private financial things. IDK. Anything to keep them away from XMR is fine with me.

The linked article describes the execution of a sort of smart contract.

I'll settle for an explanation of how this allows Monero-like transactions [for totally not drug deals ofc], using BTC as a currency.

[BlindMayorBitcorn]

Amazing development work from Sean Bowe,  Pieter Wuille, Gregory Maxwell, and Madars Virza.

First successful Zero-Knowledge Contingent Payment (ZKCP) on Bitcoin network=

https://bitcoincore.org/en/2016/02/26/zero-knowledge-contingent-payments-announcement/

Who needs the competing zerocoin token when we can build CT , zk-SNARKs, and ZKCP's in Bitcoin directly?

Bullish!

Bullish!*

*(Don't hurt me, Fatman)

It's nice work, to be sure.

Can you provide an example of how you would use it in a practical application? Entirely hypothetical of course, it doesn't have to be you.

Maybe also explain how that application might lead a meaningful increase in the demand for quantities of BTC? [the bullish part]

My name is Jeff. My life is an open book. But sometimes people like to do private financial things. IDK. Anything to keep them away from XMR is fine with me.

The linked article describes the execution of a sort of smart contract.

I'll settle for an explanation of how this allows Monero-like transactions [for totally not drug deals ofc], using BTC as a currency.

Man, you guys taught me everything I know. I can't answer these questions. I just come here to shout out random numbers.

Next stop: 15,000!

[BitUsher]

It's nice work, to be sure.

Can you provide an example of how you would use it in a practical application? Entirely hypothetical of course, it doesn't have to be you.

Maybe also explain how that application might lead a meaningful increase in the demand for quantities of BTC? [the bullish part]

ELI5 : An Individual can prove the authenticity of a digital item without disclosing the details to insure privacy or prove they actually have the information without giving away information before an agreement or sale is made.

Some applications off the top of my head:

• ZK-payment trustless* mixing without the need for third parties
• Removing many required escrow agents from the sale of digital goods or information
• More secure trustless* and verifiable auditing
• Proof of registered assets or properties that can independently be audited(property titles) without disclosing details (location) that could compromise privacy
• Smart contracts that can independently be audited for veracity but without disclosing the details therein for privacy

Example of use case from article--

"An example application would be the owners of a particular make of e-book reader cooperating to purchase the DRM master keys from a failing manufacturer, so that they could load their own documents on their readers after the vendor’s servers go offline. This type of sale is inherently irreversible, potentially crosses multiple jurisdictions, and involves parties whose financial stability is uncertain–meaning that both parties either take a great deal of risk or have to make difficult arrangement. Using a ZKCP avoids the significant transactional costs involved in a sale which can otherwise easily go wrong."

* Trustless within the constraints to a secure trust minimized block chain like bitcoin. Nothing is completely trustless.

 

[shane]

look at huobi
https://bitcoinwisdom.com/markets/huobi/btccny

new signal before pump again, ready for $500 again?  

[tommorisonwebdesign]

From everything I'm reading Bitcoin is going to the moon. If I had extra cash I would buy some Bitcoin. I need my fiat to live on.

[Cconvert2G36]

It's nice work, to be sure.

Can you provide an example of how you would use it in a practical application? Entirely hypothetical of course, it doesn't have to be you.

Maybe also explain how that application might lead a meaningful increase in the demand for quantities of BTC? [the bullish part]

ELI5 : An Individual can prove the authenticity of a digital item without disclosing the details to insure privacy or prove they actually have the information without giving away information before a agreement or sale is made.

Some applications off the top of my head:

ZK-payment trustless* mixing without the need for third parties
Removing many required escrow agents from the sale of digital goods or information

More secure trustless* and verifiable auditing

Proof of registered assets or properties that can independently be audited(property titles) without disclosing details (location) that could compromise privacy

Smart contracts that can independently be audited for veracity but without disclosing the details therein for privacy



Example of use case from article--

"An example application would be the owners of a particular make of e-book reader cooperating to purchase the DRM master keys from a failing manufacturer, so that they could load their own documents on their readers after the vendor’s servers go offline. This type of sale is inherently irreversible, potentially crosses multiple jurisdictions, and involves parties whose financial stability is uncertain–meaning that both parties either take a great deal of risk or have to make difficult arrangement. Using a ZKCP avoids the significant transactional costs involved in a sale which can otherwise easily go wrong."

* Trustless within the constraints to a secure trust minimized block chain like bitcoin. Nothing is completely trustless.

I read the article.

I was just hoping for there to be some kind of untapped demand that would be served here, maybe you've described it...

Onwards and upwards! To registered assets that can be independently be audited(property titles) without disclosing details (location) that could compromise privacy(!)

[An update on the solar solo mine would be groovy too.]

[BlindMayorBitcorn]

3rd party mixing services have got to go. How would this mixing work exactly?

[BellaBitBit]

look at huobi
https://bitcoinwisdom.com/markets/huobi/btccny

new signal before pump again, ready for $500 again?  

Could be.  Something is definitely going on and China is fully back from the Chinese New Year holiday that was nearly 2 weeks.  Many people on here talked about that the price would remain quiet at sub 400 for awhile during that and indeed it did.

[ChartBuddy]

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Explanation