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

[wachtwoord]

This thread is unreadable because of all the jorgeretard quotes. Stop giving that idiot so much attention ffs! He will go away as soon as people ignore him!

I will stop quoting him when his posts offer nothing interesting anymore.

in before "that happened on day 1 of his posting here".

that happened on day 1 of his posting here

[wachtwoord]

Is there an ETA on COIN?

they are talking 1-3 months

but it could be sooner, it's been in the works for a long time, no one knows when it will pass but its getting there.

I am going to buy bitcoins in approximately 3 weeks. I am waiting the fiat and i hope the price will wait for me. 

All i know is 800 is GUARANTEED to be hit next week.   

 

Don't take this too seriously (but this is the speculation topic after all) but I too think that compared with the last growth phase we're around the flash crash when SR was raided. The graph looks really similar. This would mean it's t-5 in the lift off count down (as in the next two weeks).

Let's see what happens though. Past results don't guarantee future ones.

Someone needs to give some bad news for a flash crash to keep the graph authentic before we rocket .

Probably just an anomaly ...

[ChartBuddy]

Explanation

[keithers]

Sell walls on Stamp are pretty thin...we could very easily get to $660 today if things hold up like they are right now...

[oda.krell]

Regarding COIN, AFAIK this was the fourth amendment and with the ticker chosen, this should be the final amendment.

I think it will be approved in 1-1.5 months.

If you read in between the lines of Lawsky's comments, it's clear he wants exchanges and the ETF to complement each other (i.e when the ETF runs out of coins, it should buy them on a regulated US exchange). I would not be surprised if the timing has been coordinated with the SEC.

The regulatory framework should be out within a couple of weeks. My guess is Barry Silbert's exchange and the COIN ETF will be announced within a month after that.

Thanks for that summary.

This is pretty much completely outside my field of knowledge. And just I remember a comment of yours that was quite detailed as well on this topic, a while ago. Care to help me out there?

1. Where does the information about 4th amendment come from? Also, I can't even find how many "amendments" is usually takes before an ETF is listed. Then again, all I have is WP.

2. Which Lawsky comments (that imply ETFs should buy on a regulated US exchange) do you have in mind? The one that talks about "[putting] in place guardrails for virtual currency"?

[aminorex]

This thread is unreadable because of all the jorgeretard quotes. Stop giving that idiot so much attention ffs! He will go away as soon as people ignore him!

But...
http://www.bbc.co.uk/news/technology-28145401

Yet another scam which stole the hard-earned reals of working Brazilians, because they weren't using bitcoin.  Perhaps one day they will prohibit schemes that don't take advantage of bitcoin's inherent security strengths and cost efficiencies.

[aminorex]

What happens if it starts trading AFTER moon in achieved?

MISSION TO MARS!

Sorry, Mars is inhabited by Monero.  You can take a left at Vesta for the on-ramp to the Jupiter highway.

[DubFX]

Sell walls on Stamp are pretty thin...we could very easily get to $660 today if things hold up like they are right now...

Would be def nice! But not sure if real.

[JorgeStolfi]

But...
http://www.bbc.co.uk/news/technology-28145401

Yet another scam which stole the hard-earned reals of working Brazilians, because they weren't using bitcoin.  Perhaps one day they will prohibit schemes that don't take advantage of bitcoin's inherent security strengths and cost efficiencies.

I don't know the details yet but it seems that it was based on phishing on the users' machines, not on stealing password files from the banks' servers.

Why would it be different with bitcoin (other than bitcoin transactions being impossible to reverse, and bitcoin accounts being anonymous)?

I think I have read somewhere of some bitcoins being stolen by hackers and being impossible to recover.  From some site in Japan, perhaps...

[Dragonkiller]

Regarding COIN, AFAIK this was the fourth amendment and with the ticker chosen, this should be the final amendment.

I think it will be approved in 1-1.5 months.

If you read in between the lines of Lawsky's comments, it's clear he wants exchanges and the ETF to complement each other (i.e when the ETF runs out of coins, it should buy them on a regulated US exchange). I would not be surprised if the timing has been coordinated with the SEC.

The regulatory framework should be out within a couple of weeks. My guess is Barry Silbert's exchange and the COIN ETF will be announced within a month after that.

Thanks for that summary.

This is pretty much completely outside my field of knowledge. And just I remember a comment of yours that was quite detailed as well on this topic, a while ago. Care to help me out there?

1. Where does the information about 4th amendment come from? Also, I can't even find how many "amendments" is usually takes before an ETF is listed. Then again, all I have is WP.

2. Which Lawsky comments (that imply ETFs should buy on a regulated US exchange) do you have in mind? The one that talks about "[putting] in place guardrails for virtual currency"?

All the information is available on the SEC website:

http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001579346&owner=exclude&count=40

There's no set number of amendments required for an ETF to be approved, but as far as I'm aware, the fact that the ticker has been chosen in the latest amendment is indicative that approval is pretty close.

That's not the comment I had in mind (it was actually a lot less ambiguous) but I can't remember as it was quite a while ago; I will try to find a link to the article.

[wachtwoord]

Sell walls on Stamp are pretty thin...we could very easily get to $660 today if things hold up like they are right now...

Would be def nice! But not sure if real.

Walls have been thinner already. Tonight seems a bit too soon

[KFR]

But...
http://www.bbc.co.uk/news/technology-28145401

Yet another scam which stole the hard-earned reals of working Brazilians, because they weren't using bitcoin.  Perhaps one day they will prohibit schemes that don't take advantage of bitcoin's inherent security strengths and cost efficiencies.

I don't know the details yet but it seems that it was based on phishing on the users' machines, not on stealing password files from the banks' servers.

Why would it be different with bitcoin (other than bitcoin transactions being impossible to reverse, and bitcoin accounts being anonymous)?

I think I have read somewhere of some bitcoins being stolen by hackers and being impossible to recover.  From some site in Japan, perhaps...

Please learn how Bitcoin works, prof. 

[derpinheimer]

Breakout incoming in 3...2...1... 

[shmadz]

What happens if it starts trading AFTER moon in achieved?

MISSION TO MARS!

Sorry, Mars is inhabited by Monero.  You can take a left at Vesta for the on-ramp to the Jupiter highway.

I just had to quote this 'cuz it made me grin, and also to tag it in my history  

Maybe someday my grandchildren living on Europa can look back through granddad's old posts and have a bit of a chuckle too?

[aminorex]

Monkey is suddenly fearful of an impulsive downward movement. 

Perhaps monkeys are in touch with their primitive impulsive instincts than I am.  Rationally, I do not see how this thing can fail to take off.  Every professional trader in every major financial center must realize at this point, that a 10x, 50x move is all but guarranteed when COIN lists.  How can they not be loading up in their personal accounts?

Still, monkey sez:  Danger of 640 floor breaking over the next 5 hours.

[JorgeStolfi]

Please learn how Bitcoin works, prof. 

Could it be that I missed the page on Satoshi's paper where he proves that bitcoins are impossible to steal?

[adamstgBit]

Monkey is suddenly fearful of an impulsive downward movement.  

Perhaps monkeys are in touch with their primitive impulsive instincts than I am.  Rationally, I do not see how this thing can fail to take off.  Every professional trader in every major financial center must realize at this point, that a 10x, 50x move is all but guarranteed when COIN lists.  How can they not be loading up in their personal accounts?

Still, monkey sez:  Danger of 640 floor breaking over the next 5 hours.

excellent this is exactly what they want monkeys to feel.

[ChartBuddy]

Explanation

[Tzupy]

Monkey is suddenly fearful of an impulsive downward movement. 

Perhaps monkeys are in touch with their primitive impulsive instincts than I am.  Rationally, I do not see how this thing can fail to take off.  Every professional trader in every major financial center must realize at this point, that a 10x, 50x move is all but guarranteed when COIN lists.  How can they not be loading up in their personal accounts?

Still, monkey sez:  Danger of 640 floor breaking over the next 5 hours.

Over the next 5 hours? I only expected that tomorrow. If it happens, your monkey is a better bear than me.

[KFR]

Please learn how Bitcoin works, prof. 

Could it be that I missed the page on Satoshi's paper where he proves that bitcoins are impossible to steal?

No but it could possibly be the fact that you're wilfully ignoring facts that don't support your hypothesis.  Again.

Bitcoin is much more resilient to the kind of attack mentioned in that article due to the way it is used.  As for why, do some damn work.  You might have to try using it to find out.  I'm done teaching you, prof.