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

[r0ach]

Honestly, I'm not sure if any really knows what these banks plan to do

[Paashaas]

I like this $10 rise, small but steady!

[Kanapka]

Trump will officially be president this Friday.

I think this will be a excuse for a short term rise in the price, specially if crazy things happen like assassination attempts or terror attacks or riots, or wars.

I guess at least $900+ will be reached until the end of the weekend

[spooderman]

BACK ON THE TRAIN EVERYONE

[cmacwiz]

total bull trap, right? dump incoming, right guys? please, oh god

[gembitz]

BACK ON THE TRAIN EVERYONE

BTCitcoin Caucus + Trump speech = Trumpcoin taking BTC higher ? 
*stay tuned*

===>

https://yobit.net/en/trade/TRUMP/BTC

[AZwarel]

These sudden up/down things always starts to happen 5 minutes before i go to bed.

Which means, now i can't go to bed...
But seriously, price stagnates for a week, who is stupid enough to buy them all at once? Fishy.

EDIT: oh wait, i know:

[elite3000]

BACK ON THE TRAIN EVERYONE

BTCitcoin Caucus + Trump speech = Trumpcoin taking BTC higher ?
*stay tuned*

===>

https://yobit.net/en/trade/TRUMP/BTC

trumpcoin is just another bandwagon coin that has no innovation and won't have long term survival and will be forgotten in the next years

the price is already falling day after day

[mymenace]

BACK ON THE TRAIN EVERYONE

BTCitcoin Caucus + Trump speech = Trumpcoin taking BTC higher ? 
*stay tuned*

===>

https://yobit.net/en/trade/TRUMP/BTC

is there a Trump coin or is TRUMP/BTC some kind of future for the BTC???

thats like saying i do not know how to google

[mymenace]

Bwaahhahahahahaha!!!!

Deutsche Bank Joins Venture to Offer Blockchain Products
https://global.handelsblatt.com/finance/deutsche-bank-joins-venture-to-offer-blockchain-products-682447

A choice quote:

"Some banks are already using blockchain technology to conduct security trades with utility settlement coins, a digital currency, instead of traditional bank transfers. By going digital with blockchain, banks don’t have to keep as much capital and liquidity on hand for financial transactions."

Are you basically saying it's only a matter of time before bitcoin is used OR do you think they are using it (trialing it) instead of "utility settlement coins"

Both.

1. Fairly quickly, they will discover that bank-created "utility settlement coins" are fairly useless. Unless this is just a cover story, a lie to deceive the public.

- but -

2. I suspect that secretly, they are really building the infrastructure for Bitcoin long term, and may even be testing it. Some day they will have no choice but to plug into the Bitcoin blockchain.

So both hilarious (short term) and bullish (long term)

I'm just a simple hodler and not up to scratch technically compared to you guys (but better than normal folk) but how do so called settlement coins work for banks? What's the incentive exactly with these coins? How does it all work?

I can't figure out how they can create their own coin and hey presto all working well.

Honestly, I'm not sure if any really knows what these banks plan to do with their supposed "blockchain" services.  They already have the ability to transact and do settlement with each other in a trusted fashion, seamlessly and fairly frictionlessly, so it's a complete mystery why they would need "blockchain integration" for that purpose.

My bet is on them creating blockchain-enabled (sidechain?) derivatives for new/emerging commodities, hedge markets, etc.  Bitcoin seems like a perfect fit. Sure they could create and pre-mine a new PoS like coin and create a market for it, but who would trust it? Who would purchase and trade it, and why?  Just using it 'internally' within a small network of trusted banks won't really do anything amazing for them.

charge you the same fees while having a cheaper financial network

your 1 USD would = something like 0.00001 of a utility settlement coin

https://www.ubs.com/microsites/blockchain-report/en/home.html

you can find the whitepaper on this page

[marcus_of_augustus]

PBOC flies

[spooderman]

don't worry bears, there's no WAY there isn't going to be another annoying dump.

900 was assassinated less than a week ago.

so it seems fitting to stay well below it for a while.

which we won't do.

but when we go above it, we'll get smacked back i imagine.

anyone got any LEGIT TA for us?

[notme]

don't worry bears, there's no WAY there isn't going to be another annoying dump.

900 was assassinated less than a week ago.

so it seems fitting to stay well below it for a while.

which we won't do.

but when we go above it, we'll get smacked back i imagine.

anyone got any LEGIT TA for us?

Down (hourly), then up (daily).

[PoolMinor]

don't worry bears, there's no WAY there isn't going to be another annoying dump.

900 was assassinated less than a week ago.

so it seems fitting to stay well below it for a while.

which we won't do.

but when we go above it, we'll get smacked back i imagine.

anyone got any LEGIT TA for us?

Top at ~$990, then, Chinese New Year.





10

[dmwardjr]

PRICE DOWN PICK UP:  https://www.youtube.com/watch?v=lEBP9dpVM70

WITHOUT CANDLES WITH A MESSAGE AND:



WITH CANDLES WITH A MESSAGE:




EDIT:  THIS video explains where the real currency war is.  Thank You Andreas !!!!

THIS VIDEO EXPLAINS WHERE THE REAL CURRENCY WAR IS LOCATED:

https://www.youtube.com/watch?v=6ZCVQHtD2l4

[Torque]

charge you the same fees while having a cheaper financial network

your 1 USD would = something like 0.00001 of a utility settlement coin

https://www.ubs.com/microsites/blockchain-report/en/home.html

you can find the whitepaper on this page

Yeah I've read that whitepaper, it's all full of overblown hype.

And charge who the same fees? Certainly not me, I don't do bank transfers or settlements.  They must mean between each major bank and trusted entity.

And that's just it, isn't it? Major world currencies are already all digital, just numerals in a database. So the banks and their partners already have the infrastructure in place today to facilitate efficient settlements between different currencies and assets.  So I don't see how a "utility settlement coin" is really going to improve anything in that regard.

[Stevenirving]

Come on 900! You can do it!

[yonton]

Refuelled and ready for launch!!

[NUFCrichard]

anyone got any LEGIT TA for us?

For Bitcoin? No.

The technical analysts just say that if the price falls, it will fall a lot more. If it rises, it will rise a lot more.
In stocks and shares there are traditional ideas that fit to established TA, but in Crypto we just draw straight lines on a log scale and say that the price will be something unrealistic in the near future.

[PoolMinor]

https://youtu.be/WwCC8oUT5Mo?t=33s


"bears eat beets"