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

[infofront]

Some of the SEC ETF comments are really cringeworthy.

From: Dr. Christopher Taylor

July 11, 2018

To whom it may concern,

I am requesting that BTC EFT be classified as securities by the SEC.
Thank you

https://www.sec.gov/comments/sr-cboebzx-2018-040/cboebzx2018040.htm

[Rosewater Foundation]

Any day above $10k is a good day.
Are we there yet?

Soon.

I'm prepared to accept that.

Ok. Remember how I said "Soon" ?

Yeah, well, it's going to be a bit later than sooner

Sorry about that.

Sheeit.

I hope ginger Rick is taking it better than I am.

Whoa is me. And so on.

_{All puns and malaprops intended}

[Last of the V8s]

Some of the SEC ETF comments are really cringeworthy.

From: Dr. Christopher Taylor

July 11, 2018

To whom it may concern,

I am requesting that BTC EFT be classified as securities by the SEC.
Thank you

https://www.sec.gov/comments/sr-cboebzx-2018-040/cboebzx2018040.htm

https://ftalphaville.ft.com/2018/05/02/1525253799000/Blockchain-insiders-tell-us-why-we-don-t-need-blockchain/

Also on the panel was Chris Taylor, chief operating officer at Everledger, a company that is trying to use the blockchain to track (and miraculously “protect”) diamonds and other assets. Here's an excerpt from his contribution:
It's the same as any system - it's garbage in, garbage out. So you've got to make sure that the participants that you're allowing to contribute to the network are trustworthy.

[Rosewater Foundation]

According to his Linkedin he obtained a bachelor's degree from Leeds. Where'd the doctorate come from?

[LFC_Bitcoin]

Some of the SEC ETF comments are really cringeworthy.

From: Dr. Christopher Taylor

July 11, 2018

To whom it may concern,

I am requesting that BTC EFT be classified as securities by the SEC.
Thank you

https://www.sec.gov/comments/sr-cboebzx-2018-040/cboebzx2018040.htm

Dat bitcoin EFT

[Elwar]

Some of the SEC ETF comments are really cringeworthy.

From: Dr. Christopher Taylor

July 11, 2018

To whom it may concern,

I am requesting that BTC EFT be classified as securities by the SEC.
Thank you

https://www.sec.gov/comments/sr-cboebzx-2018-040/cboebzx2018040.htm

They stopped all comments on July 11.

Likely because they read mine that I submitted that day and they needed no further comments.

I said something like: Approve this ETF. Not to make Bitcoin more relevant, but to keep the SEC relevant.

I'm sure they read that and decided "approved".

[Last of the V8s]

According to his Linkedin he obtained a bachelor's degree from Leeds. Where'd the doctorate come from?

Not the same guy. Just that there are now 2 Chris Taylors on The List.

[Rosewater Foundation]

According to his Linkedin he obtained a bachelor's degree from Leeds. Where'd the doctorate come from?

Not the same guy. Just that there are now 2 Chris Taylors on The List.

2 Chris Taylors? What are the odds?

[Searing]

I left checking prices for last few days and it is above $8000 now. What is the reason ?

my only conclusion, after 5 years plus in BTC is that the current Bitcoin rise in price is due to: "Unicorn Fairy Farts" or UFF.


The UFF factor seems strong this month, IMHO.

brad

[Last of the V8s]

According to his Linkedin he obtained a bachelor's degree from Leeds. Where'd the doctorate come from?

Not the same guy. Just that there are now 2 Chris Taylors on The List.

2 Chris Taylors? What are the odds?

No idea, but not astronomical. Maybe I'm wrong. Or maybe it's the first collision in the moronosphere.

[infofront]

Some of the SEC ETF comments are really cringeworthy.

From: Dr. Christopher Taylor

July 11, 2018

To whom it may concern,

I am requesting that BTC EFT be classified as securities by the SEC.
Thank you

https://www.sec.gov/comments/sr-cboebzx-2018-040/cboebzx2018040.htm

https://ftalphaville.ft.com/2018/05/02/1525253799000/Blockchain-insiders-tell-us-why-we-don-t-need-blockchain/

Also on the panel was Chris Taylor, chief operating officer at Everledger, a company that is trying to use the blockchain to track (and miraculously “protect”) diamonds and other assets. Here's an excerpt from his contribution:
It's the same as any system - it's garbage in, garbage out. So you've got to make sure that the participants that you're allowing to contribute to the network are trustworthy.

Haha good find. This guy seems like a complete fucking idiot.

Blockchain doesn't solve everything. It doesn't solve entirely problems that couldn't be solved in other ways. But we believe blockchain solves the problems that we're solving in a better way than traditional database technology can provide.

[Karartma1]

Frieza killed Vegeta.

But Super Saiyans can't be killed.

He'll come back, blonde and powerful

[horse_white]

https://www.forbes.com/sites/investor/2018/07/24/trade-war-will-launch-bitcoin-as-the-new-gold/#42e70c711c32
r0ach lol

Good article. That was an explanation for the recent rally that I hadn't heard before.

Yeah that's a relevant point. Gold isn't really the safe haven asset it used to be, and it's just been slipping further and further into the abyss. The only use for it nowadays is jewellery and wedding gifts.

Crypto is interesting because it was conceived as a tool for decentralized exchange, but now it's becoming a hedge. Traders are getting into it because of the huge movements that it has, and more and more people are looking at it as an investment tool or a place to hide away money that they don't want to be taxed. That's also why there;s all this buzz about the ETF conception as well I think.

[Rosewater Foundation]

[Paashaas]

Swapping futures for physical Bitcoin 

Every day we facilitate EFPs for our clients in physical assets such as soybeans, wheat and treasuries. EFPs on CME Bitcoin futures mark an important step forward in the maturity of the regulated derivatives market for digital currencies

https://www.ccn.com/institutional-investors-swap-bitcoin-futures-for-physical-btc-in-wall-street-first/

[JayJuanGee]

At least one of the ETF applications is indeed for a basket of 10 coins.
https://altcointoday.com/bitwise-files-with-us-securities-and-exchange-commission-to-launch-crypto-etf/

O.k.  Factually, the application is there, but seems like something like that is much further down the road, no?  We would have to cross the barrier of bitcoin only first before going down that seemingly weird road of a basket of cryptos.

And how would the system choose, exactly which cryptos to include in the basket?  I'm sure the application says, but I cannot see any reliable methodology that has been established, yet in part because the history of alt cryptos is much shorter, smaller liquidity and a lot more volatile than bitcoin.  Even bitcoin has it's limitations in terms of a short history and questions/concerns about volatility and liquidity.

[Last of the V8s]

repost: shared at the time https://bitcointalk.org/index.php?topic=178336.msg36141733#msg36141733 - https://parliamentlive.tv/event/index/df1a1232-f145-4748-a561-d2cddea27746 UK Treasury Committee on Digital Currencies starring Chris Taylor et al.
but I missed all this entomological stuff - https://www.parliament.uk/business/committees/committees-a-z/commons-select/treasury-committee/inquiries1/parliament-2017/digital-currencies-17-19/ and the written testimonies so far https://www.parliament.uk/business/committees/committees-a-z/commons-select/treasury-committee/inquiries1/parliament-2017/digital-currencies-17-19/publications/ including Stolfi et al.

Technically, the centralization of mining (and other flaws whose description would not fit here) means that the the cryptocurrency concept is fundamentally flawed, a failure.  It may not have been obvious at the beginning, but the centralization of bitcoin was already an undeniable fact by 2013 or even earlier.

bonus video starring Izzy https://parliamentlive.tv/Event/Index/252986ff-cec8-4647-a208-787618136dfb

[4rt3m]

Russian CEO of QIWI company, which make payment terminals around Russia, said that their ex-worker mined 500,000 of BTC in 2011.

Text is in Russian, use Google Translate.

https://vc.ru/42567-glava-qiwi-rasskazal-kak-eks-sotrudnik-tayno-namaynil-500-tysyach-bitkoinov-na-terminalah-v-2011-godu

[Last of the V8s]

Russian CEO of QIWI company, which make payment terminals around Russia, said that their ex-worker mined 500,000 of BTC in 2011.

Text is in Russian, use Google Translate.

https://vc.ru/42567-glava-qiwi-rasskazal-kak-eks-sotrudnik-tayno-namaynil-500-tysyach-bitkoinov-na-terminalah-v-2011-godu

more: https://rb.ru/story/solonin-lecture/
https://cointelegraph.com/news/ex-programmer-of-russian-payments-firm-qiwi-used-company-equipment-to-mine-500k-bitcoins-ceo-claims
the 500k coins are now 'lost'

[mymenace]

Visualizing Lightning Network: 119x growth from 61 to 7246 channels in 6 months



Bigger image: https://i.imgur.com/85VnbXO.jpg

The only reason I don't mind bcash hanging around. Will not be using no matter what and if forced or else.....good bye and hello bcash.
This was forced upon with the aid of ltd otherwise it would never be came about and also bcash would not exist, all be happy days. From then on became very suspicious of the Lee character.

Support a known scammer


Ok, related to the robin hood app and those hollywood scum