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

[Richy_T]

Are there fully working Bitcoin wallets for Android, iOS and Windows Phone (true trustless wallet with sending capabilities)?

Maybe this is what you want.

https://play.google.com/store/apps/details?id=de.schildbach.wallet

I don't think it would be realistic to run the full blockchain on a phone so the kind of wallet he is thinking of would have to talk back to a version of the bitcoin client running on a computer you control. I suspect this one, like Mycelium, talks to a server hosting the blockchain.

(Though with Mycelium, at least, the transaction signing does occur on the phone so it should be safe for certain values of safe)

Yes, I checked the linked software. It seems to be a web wallet with an offline GUI.
Does the Android version of Mycelium work the same way as the PC version?

@mymenace - This is not even in the ballpark.

I was not aware of a PC version. On the Android version, it relies on a server to process the blockchain but the keys are kept entirely on the local phone.

[ChartBuddy]

Explanation

[macsga]

In modern times, BTC instead of gold should do it. Funny that J.P. Morgan stated that back then...

[janos666]

Are there fully working Bitcoin wallets for Android, iOS and Windows Phone (true trustless wallet with sending capabilities)?

Maybe this is what you want.

https://play.google.com/store/apps/details?id=de.schildbach.wallet

I don't think it would be realistic to run the full blockchain on a phone so the kind of wallet he is thinking of would have to talk back to a version of the bitcoin client running on a computer you control. I suspect this one, like Mycelium, talks to a server hosting the blockchain.

(Though with Mycelium, at least, the transaction signing does occur on the phone so it should be safe for certain values of safe)

Yes, I checked the linked software. It seems to be a web wallet with an offline GUI.
Does the Android version of Mycelium work the same way as the PC version?

@mymenace - This is not even in the ballpark.

I was not aware of a PC version. On the Android version, it relies on a server to process the blockchain but the keys are kept entirely on the local phone.

May be because it doesn't exist. Sorry, my bad.
My knowledge regarding the actual wallet softwares was full of gaps. I read a paper about the possible implementations which mentioned some existing wallets by their names as examples for the possible wallet types. Thus, I read about how Bitcoin "Core", Mycelium or BlockChain.info work and I knew the "Core" is way too big of a snack for current smarthones but I missed that little detail about Mycelium that it's a smartphone wallet (it not only exists for Android but it doesn't even have a desktop version at all). I thought even this kind of wallet is yet to be implemented for smartphones but it's available already. Good to know.
(This happened because I can easily afford to use the Core version at home but I can't really make use of a smartphone wallet anyway.)


@macsga

Isn't that quote goes more like: "Gold is money and nothing else."?

[macsga]

@macsga

Isn't that quote goes more like: "Gold is money and nothing else."?

Regarding it's creation and distribution concept and of course the way of "mining" it, BTC is as close as possible to a non-materialistic gold, so to speak. And yes; "gold is money and nothing else" is more or less the same thing. But there's also a "something else" that forms a far better alternative nowadays.

[ChartBuddy]

Explanation

[janos666]

@macsga

Isn't that quote goes more like: "Gold is money and nothing else."?

Regarding it's creation and distribution concept and of course the way of "mining" it, BTC is as close as possible to a non-materialistic gold, so to speak. And yes; "gold is money and nothing else" is more or less the same thing. But there's also a "something else" that forms a far better alternative nowadays.

I talked about the quote on your picture above.



I looked it up and realized that I also misquoted him. This seems to be the original: "Money is gold, and nothing else."
The argument that Bitcoin is kind of "a gold" is an entirely different debate.

[ChartBuddy]

Explanation

[noobtrader]

rally wow 

[bitebits]

rally wow 

Seems like the price will be nicely kept into the 350$ area, likely till the auction ends on the first of December.
The dumping of a few 100 coins as soon as it hits 360$ is almost too obvious.

[r0ach]

Seems like the price will be nicely kept into the 350$ area, likely till the auction ends on the first of December.
The dumping of a few 100 coins as soon as it hits 360$ is almost too obvious.

The r0achanomics spread shows $350 as the short term equilibrium price:

https://bitcointalk.org/index.php?topic=837260.0

[noobtrader]

Seems like the price will be nicely kept into the 350$ area, likely till the auction ends on the first of December.
The dumping of a few 100 coins as soon as it hits 360$ is almost too obvious.

The r0achanomics spread shows $350 as the short term equilibrium price:

https://bitcointalk.org/index.php?topic=837260.0

sure go back to 340 pls and make me profit for today tehehehehee

[ChartBuddy]

Explanation

[redsn0w]

20 pages  to reach 10k pages , and the price is still dropping.

[JorgeStolfi]

BitVC removes the "20x leverage season contract" option, leaves only 10x, 5x:
http://www.bitell.com/t/2153

Could this be the cause of the recent 5$ jump?

[heartastack]

BitVC removes the "20x leverage season contract" option, leaves only 10x, 5x:
http://www.bitell.com/t/2153

Could this be the cause of the recent 5$ jump?

Did that include ability to go leveraged short 20x ?

[Tzupy]

If the market will stay into oversold zone, it's possible to drop below 340$ tomorrow.

Market slowly moving above oversold, but could still drop again. I'm waiting for 12h PSAR flip as indicator of short-term trend reversal.

[ChartBuddy]

Explanation

[ejinte]

The market will not move much until the 50000 FBI coins have been sold.

then it will go up just like the last time when it was 30000 for sale

[redsn0w]

The market will not move much until the 50000 FBI coins have been sold.

then it will go up just like the last time when it was 30000 for sale

No , these coin will be sold out the exchange .. so the price will not be affected "too much".