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

[Bitcoinstalker.com]

.@Andre#, It's propaganda. Propaganda doesn't have to make sense, it only needs to work on its target demographic.
If the overall effect is positive (if it fosters desired beliefs in the target demographic), it's good. If not? It's bad.
It makes absolutely no difference if you and I cringe when we read it - we're not the target demographic.

[Elwar]

I found this so fascinating, I quote it here in full.

https://bitco.in/forum/threads/gold-collapsing-bitcoin-up.16/page-695#post-24393

How embarrassing. You posted a block size post in the Wall Observer thread instead of the Development section.

Happens to the best of us.

[Fatman3001]

I found this so fascinating, I quote it here in full.

https://bitco.in/forum/threads/gold-collapsing-bitcoin-up.16/page-695#post-24393

How embarrassing. You posted a block size post in the Wall Observer thread instead of the Development section.

Happens to the best of us.

Some care about fundamentals.

[Bitcoinstalker.com]

^
Probably more than they care about AOL.

[lemmyK]

Probably they need more OL...

[JimboToronto]

Good morning Bitcoinland.

All that halving hoopla and the morning after, we're still going sideways.



Honey badger DGAF. 

[Mrpumperitis]

what do you guys think about this:


https://www.youtube.com/watch?v=_QL8fDEhjvw

made by deloitte.

lol gd video, the intro sounds like Saw meets Matrix,lol
I remember hearing about Deloitte working with ETH and a few others recently...http://www.ibtimes.co.uk/deloitte-build-ethereum-based-digital-bank-new-york-citys-consensys-1557864

[BlindMayorBitcorn]

.... To the extent that larger blocks and a non-crippled Bitcoin fuel much higher levels of adoption and make many more people want to run full nodes, that demand should incentivize more businesses to innovate to offer solutions that bring down the cost of doing so. ....

Sounds like a pipe dream to me.

[funbarrel]

on july 31st the price will be over 1000 dollars for sure, i think that we will reach a new all time high

[hodl_2015]

[...]
Blockchain. Blockchain. Blockchain.

*Cringe*

Every time a bank or something else is talking about the blockchain, you can be sure they are working on bitcoin and use the blockchain as a coverop. If they would really be interested in blockchains they would have said so 7 years ago. There is absolutely nothing new about blockchains 7 years later. the blockchain has not changed in any way, and anything financial should have know about it and looked into it about 6 years ago.
What is new is that bitcoin has grown up. If they are interested NOW, you can be sure that they are interested in bitcoin itself, as a currency. They may experiment with there own blockchains and there own alt-coins, saying it will improve the services for there customers (like they ever cared about that), but in the end they will go to the coin where money is to be made.

[Mrpumperitis]

[...]
Blockchain. Blockchain. Blockchain.

*Cringe*

Every time a bank or something else is talking about the blockchain, you can be sure they are working on bitcoin and use the blockchain as a coverop. If they would really be interested in blockchains they would have said so 7 years ago. There is absolutely nothing new about blockchains 7 years later. the blockchain has not changed in any way, and anything financial should have know about it and looked into it about 6 years ago.
What is new is that bitcoin has grown up. If they are interested NOW, you can be sure that they are interested in bitcoin itself, as a currency. They may experiment with there own blockchains and there own alt-coins, saying it will improve the services for there customers (like they ever cared about that), but in the end they will go to the coin where money is to be made.

True
The banks current coins are dying ,lol ( fiat, unlimted supply ) now its a case of ...do banks add BTC ( could become the closest to the old Gold standard ) as another option or will people leave the banks shitcoins for BTC?

[redsn0w]

[...]
Blockchain. Blockchain. Blockchain.

*Cringe*

Every time a bank or something else is talking about the blockchain, you can be sure they are working on bitcoin and use the blockchain as a coverop. If they would really be interested in blockchains they would have said so 7 years ago. There is absolutely nothing new about blockchains 7 years later. the blockchain has not changed in any way, and anything financial should have know about it and looked into it about 6 years ago.
What is new is that bitcoin has grown up. If they are interested NOW, you can be sure that they are interested in bitcoin itself, as a currency. They may experiment with there own blockchains and there own alt-coins, saying it will improve the services for there customers (like they ever cared about that), but in the end they will go to the coin where money is to be made.

True
The banks current coins are dying ,lol ( fiat, unlimted supply ) now its a case of ...do banks add BTC ( could become the closest to the old Gold standard ) as another option or will people leave the banks shitcoins for BTC?

Dear banks, it's not about blockchain technology, it's about we don't want you controlling our money any more. ----- from reddit

[BlindMayorBitcorn]

[JayJuanGee]

I think we first go short, then long to a new highs...

Sounds like you are talking your book... There is no reason that we go short before we go long...

There have already been several downward attempts on the price, and sure you could be correct that there will be another one or that the next downward attempt (if there is one) will be successful, but certainly, you gotta be careful, at this point regarding how much you were to bet on downwards.

[yefi]

its no secret that R3 and Bank of England are working with ETH...

Cool, we can plunder the Old Lady of Threadneedle Street's wealth when her Dapps go live.

[JayJuanGee]

[...]
Blockchain. Blockchain. Blockchain.

*Cringe*

Every time a bank or something else is talking about the blockchain, you can be sure they are working on bitcoin and use the blockchain as a coverop. If they would really be interested in blockchains they would have said so 7 years ago. There is absolutely nothing new about blockchains 7 years later. the blockchain has not changed in any way, and anything financial should have know about it and looked into it about 6 years ago.
What is new is that bitcoin has grown up. If they are interested NOW, you can be sure that they are interested in bitcoin itself, as a currency. They may experiment with there own blockchains and there own alt-coins, saying it will improve the services for there customers (like they ever cared about that), but in the end they will go to the coin where money is to be made.

I don't really disagree with you, overall; however, there is something quite delusional about this whole private "blockchain" competition practice, and there is some thinking in these financial institutions that they are going to be able to bring the "good," if there is such a thing in their thinking with bitcoin, to their technological innovations without bring the "decentralized" "public" "bad" parts of bitcoin..

but in essence, these blockchain without the currency advocates seem to be missing almost the whole point of bitcoin.   

So, in some sense, it seems that they don't quite get the "value" of bitcoin, and accordingly, I doubt that they are actually covertly investing in bitcoin (except maybe a few more enlightened individuals who actually get bitcoin are actually investing in it on a personal level).  If we had so much secrete investing in bitcoin from rich individuals or institutions, we would already have BTC prices in the $2k territory.

In my thinking, i's going to take some time before some of these more traditional financial institutions figure out ways to build on top of bitcoin (or build systems that will work on top of bitcoin to take advantage of the low cost part of bitcoin) in order to create more competitive products, rather than seeming to want to compete against bitcoin.... Interesting times ahead, certainly.

[Wandererfromthenorth]

what do you guys think about this:


https://www.youtube.com/watch?v=_QL8fDEhjvw

made by deloitte.

The first voice sounds like a reaper from Mass Effect:

https://www.youtube.com/watch?v=R_NAoNd4YyY&ab_channel=IcedDog

[Hunyadi]

I wonder what this is about:

[Mrpumperitis]

http://bravenewcoin.com/news/ukraine-to-use-blockchain-technology-in-curtailing-corruption-when-selling-government-assets/   
His presentation included a slideshow showing how the eAuction platform, Auction 3.0, will fit into the existing infrastructure and interface with existing government and banking systems. He revealed that even the largest banks are happy to integrate the new system.

[hodl_2015]

http://bravenewcoin.com/news/ukraine-to-use-blockchain-technology-in-curtailing-corruption-when-selling-government-assets/  
His presentation included a slideshow showing how the eAuction platform, Auction 3.0, will fit into the existing infrastructure and interface with existing government and banking systems. He revealed that even the largest banks are happy to integrate the new system.

The EU doesn't want to put an end to all corruption, they just want a monopoly on it. they will praise this fully accountable Auction system, fund it, and then make sure it will go nowhere.