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

[ChancellorOnABrink]

They have the private key encrypted and they transmit it to you to decrypt locally in client side JS.

This is how they're able to send you encrypted backup wallet files via email and such.

Interesting. So Blockchain.info actually knows the unencrypted private key?

Yes, this is the most used / trusted wallet and they keep priv key in plain text.
2th floor, first door, top right shelf, the red folder with CUSTOMER PRIVATE KEY

[magicmexican]

So far its looking almost exactly that previous 440->540 "recovery" that did not end too well, lets see what happens next week.

[kurious]

More action incoming...?

EDIT: not enough...

[DutchTrades]

Here we go again

[jeezy]

Bears and Bulls wrestling right now. Looks like Bulls are winning?

[adamstgBit]

blockchain.info's wallet is not a web wallet

its runs in the browser yes, but its all client side JS.

Where is the private key stored?

encrypted somewhere on my computer.

They have the private key encrypted and they transmit it to you to decrypt locally in client side JS.

This is how they're able to send you encrypted backup wallet files via email and such.

thats fine.
its just a spending wallet...
lets not get overly crazy about pocket change

i thought they never ever touched the key even encrypted... oh well.

[ChartBuddy]

Explanation

[hyphymikey]

Last chance to sell under $450.  For all the traders that have been buying high and selling low, this is your last chance to loose money and give the rest of us cheap coins.

[Dump3er]

Lol @bears getting bled out on stamp

I see, you already read the picture book about market behaviors for infants where complex bearish and bullish market behaviors are simplified to a cowboys vs. indians game. You should also read the episode two about the good vs. the evil and where the one manipulator enters the game.

Picture book and fantasy finance markets!

[Bittings]

Lol @bears getting bled out on stamp

I see, you already read the picture book about market behaviors for infants where complex bearish and bullish market behaviors are simplified to a cowboys vs. indians game. You should also read the episode two about the good vs. the evil and where the one manipulator enters the game.

Picture book and fantasy finance markets!

Stand back everyone! A TRUE trader is amongst us. Please let us know if you prefer us to bow before you, or simply avert our eyes.

[gambleabitcoin]

Lol @bears getting bled out on stamp

I see, you already read the picture book about market behaviors for infants where complex bearish and bullish market behaviors are simplified to a cowboys vs. indians game. You should also read the episode two about the good vs. the evil and where the one manipulator enters the game.

Picture book and fantasy finance markets!

http://weknowmemes.com/wp-content/uploads/2011/12/mother-of-god-meme.jpg

Stand back everyone! A TRUE trader is amongst us. Please let us know if you prefer us to bow before you, or simply avert our eyes.

anyone can speculate. Is this forum called Speculation ?

[Darkmatter12]

The Chinese woke up, saw the PayPal integration news, and were like Meh.  Yawn.

Chinese don't control btc.

[Walsoraj]

http://www.coindesk.com/us-banks-announce-ripple-protocol-integration/

This gonna be huge. And bullish as fuck, to quote adam.

Ripple may turn out to be what saves Bitcoin and fuels the next rally.  

[Kanapka]

The Chinese woke up, saw the PayPal integration news, and were like Meh.  Yawn.

Chinese don't control btc.

They controled in the chinese ban times.


Not long ago

[karolina]

http://www.coindesk.com/us-banks-announce-ripple-protocol-integration/

This gonna be huge. And bullish as fuck, to quote adam.

Ripple may turn out to be what saves Bitcoin and fuels the next rally.  

Damn, so bullish. Ripple down -0.15%!!

[kurious]

http://www.coindesk.com/us-banks-announce-ripple-protocol-integration/

This gonna be huge. And bullish as fuck, to quote adam.

Ripple may turn out to be what saves Bitcoin and fuels the next rally.  

You just reminded me - I still have 60K from a couple of years ago, I got all excited until I see you need over 90K to buy a whole BTC.

I guess anything that advances Crypto into real world value transfer use is positive though...

[justusranvier]

http://www.coindesk.com/us-banks-announce-ripple-protocol-integration/

This gonna be huge. And bullish as fuck, to quote adam.

Ripple may turn out to be what saves Bitcoin and fuels the next rally.  

Ripple is the US banking system's attempt to avoid being destroyed by Bitcoin.

They think that if they make USD transactions easier then they'll be able to avoid losing the USD as a unit of account.

Note that Ripple's consensus system is a closed, invite-only network. Exactly what you'd want if you were trying to preserve a banking cartel's position in the world.

[mmitech]

http://www.coindesk.com/us-banks-announce-ripple-protocol-integration/

This gonna be huge. And bullish as fuck, to quote adam.

Ripple may turn out to be what saves Bitcoin and fuels the next rally.  

interesting, but Ripple doesn't seem to be doing very well this year.

[mmitech]

Any plan to use the coin too?

Otherwise I can't see how it might affect the coin price too

you can use the coin as well, what is interesting about Ripple is that you can send ripple to a Bitcoin address (it get converted automaticly) and you can send it to Litecoin or USD or EUR (address/account)... but I still dont get how their blockchain works...

[ChartBuddy]

Explanation