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

[bitserve]

https://blockstream.com/2017/08/15/announcing-blockstream-satellite.html



Guys, if I'm reading their website correctly, they've devised a way to transmit bitcoin transactions directly over radio wave. No internet required. This is gonna be HUGE.

This is HUGE.

But it is more like a backbone link for remote areas rather than a direct uplink to make transactions.

[HanvanBitcoin]

This will be a Fiat race tomorrow. In Europe today is public holiday so no banks are working. I´am expecting loads of money flooding the exchanges tomorrow  
This would be a nice dip to buy...

Where in Europe? no public holiday here in the Netherlands.

[YamashitaRen]

France is one of theses countries.

[bitserve]

This will be a Fiat race tomorrow. In Europe today is public holiday so no banks are working. I´am expecting loads of money flooding the exchanges tomorrow  
This would be a nice dip to buy...

Where in Europe? no public holiday here in the Netherlands.

Reporting from Spain: It is holiday here.

[Ted E. Bare]

Many people from the Netherlands in bitcointalk. Greetings from Amsterdam!

[Justaguy2]

This will be a Fiat race tomorrow. In Europe today is public holiday so no banks are working. I´am expecting loads of money flooding the exchanges tomorrow  
This would be a nice dip to buy...

Where in Europe? no public holiday here in the Netherlands.

OLV hemelvaart in Belgium today.

[chesthing]

https://blockstream.com/2017/08/15/announcing-blockstream-satellite.html



Guys, if I'm reading their website correctly, they've devised a way to transmit bitcoin transactions directly over radio wave. No internet required. This is gonna be HUGE.

This is HUGE.

But it is more like a backbone link for remote areas rather than a direct uplink to make transactions.

These aren't radio waves, these are satellite signals! Holy shit this is huge, that means all you need is a view to the sky anywhere and you can send/receive btc with a smartphone. WOW.

[Meuh6879]

Almost finished ...

[bitserve]

https://blockstream.com/2017/08/15/announcing-blockstream-satellite.html



Guys, if I'm reading their website correctly, they've devised a way to transmit bitcoin transactions directly over radio wave. No internet required. This is gonna be HUGE.

This is HUGE.

But it is more like a backbone link for remote areas rather than a direct uplink to make transactions.

These are radio waves, these are satellite signals! Holy shit this is huge, that means all you need is a view to the sky anywhere and you can send/receive btc with a smartphone. WOW.

No, not with a smartphone. It is a joke, isn't it?

[SnokkomBTC]

Many people from the Netherlands in bitcointalk. Greetings from Amsterdam!

Yes, Greetings from Eindhoven

[Torque]

But it is more like a backbone link for remote areas rather than a direct uplink to make transactions.

I wonder what their strategy has been around launching satellites, and if they need to be single purpose built. Building and launching satellites can be a very expensive endeavor. I wonder if they could partner with a company like Globalstar, which already has something like 24 state-of-the-art, LEO satellites already in orbit. Globalstar (GSAT) also has an exclusive license on a good slice of spectrum in the 2.4Ghz band (11.5 MHz of spectrum between 2483.5 MHz and 2495 Mhz), and was working on a deal for terrestrial wi-fi.

[HanvanBitcoin]

Many people from the Netherlands in bitcointalk. Greetings from Amsterdam!

Yes, Greetings from Eindhoven

Greetings from Raalte  Allemaal ook een paar maand salarissen verdient de afgelopen weken mag ik hopen? 

[bitserve]

But it is more like a backbone link for remote areas rather than a direct uplink to make transactions.

I wonder what their strategy has been around launching satellites, and if they need to be single purpose built. Building and launching satellites is a very expensive endeavor. I wonder if they could partner with a company like Globalstar, which already has something like 24 state-of-the-art, LEO satellites already in the air. GSAT also has an exclusive license on a good slice spectrum in the 2.4Ghz band (11.5 MHz of spectrum between 2483.5 MHz and 2495 Mhz), and was working on a deal for terrestrial wi-fi.

I might be wrong but I don't think they have been "launching" any satellite but using transponders of already in orbit satellites. So yes, it is just a matter of deals.

[quetschiquetsch]

This will be a Fiat race tomorrow. In Europe today is public holiday so no banks are working. I´am expecting loads of money flooding the exchanges tomorrow  
This would be a nice dip to buy...

Where in Europe? no public holiday here in the Netherlands.

I guess it´s Austria, Germany, France, Italy, switzerland and Belgium at least...

[ghandi]

Germany has only "regional" holidays in 2 of 16 states.

[Ludwig Von]

This will be a Fiat race tomorrow. In Europe today is public holiday so no banks are working. I´am expecting loads of money flooding the exchanges tomorrow  
This would be a nice dip to buy...

Where in Europe? no public holiday here in the Netherlands.

I guess it´s Austria, Germany, France, Italy, switzerland and Belgium at least...

Catholic countries have holiday, protestants not, so Belgium plus the south.

[SnokkomBTC]

Many people from the Netherlands in bitcointalk. Greetings from Amsterdam!

Yes, Greetings from Eindhoven

Greetings from Raalte  Allemaal ook een paar jaar* salarissen verdient de afgelopen weken mag ik hopen? 

[criptix]

But it is more like a backbone link for remote areas rather than a direct uplink to make transactions.

I wonder what their strategy has been around launching satellites, and if they need to be single purpose built. Building and launching satellites can be a very expensive endeavor. I wonder if they could partner with a company like Globalstar, which already has something like 24 state-of-the-art, LEO satellites already in orbit. Globalstar (GSAT) also has an exclusive license on a good slice of spectrum in the 2.4Ghz band (11.5 MHz of spectrum between 2483.5 MHz and 2495 Mhz), and was working on a deal for terrestrial wi-fi.

Look up BitSat. That idea is from 2014/15.

[Torque]

I might be wrong but I don't think they have been "launching" any satellite but using transponders of already in orbit satellites. So yes, it is just a matter of deals.

Oh gotcha. Yeah makes sense. Such amazing genius and talent over there at Blockstream!

So what has Roger Ver's camp been dreaming up to expand Bitcoin into the future? Oh yeah, that's right. Changing a single config line in the code to 8mb and calling it revolutionary.

/facepalm

[x2666]

There's this new altcoin named fiat, I heard they take it at every store. With such wide acceptance it's a clear winner.