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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20659. (Read 26709787 times)

newbie
Activity: 56
Merit: 0
...
did anyone mention "Institutional Investors"?

Just about everyone, including Winklewoss bros.
Have you already forgotten all the Gemini hype? How Wall st. & Big Money are gonna swoop down and panic-buy all our Bit coins?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1260
Merit: 1000
Mining is not decentralized at all. If few people control (own) mining facilities in China and the rest of the world - this is not decentralization - even is none of them controls more than 10% of hashpower.

Bitcoin security model is based around fault recovery instead of fault prevention.  It fails often, as in the case of Ghash getting 50% hash rate that one time, then transient miners fix it.  In the future, there would probably be agencies that monitor hash rate and warn retailers about transacting in large amounts of money during periods of activity like that.  Just like you might not want to move a bunch of gold with a tornado outside.

ImI
legendary
Activity: 1946
Merit: 1019
Volume on Gemini down to almost nothing again.

i would blame the weekend for that. no fiat->no trade.
Wonder how the other exchanges manage? Perhaps by... but no, that's just crazy talk.

as far as i know the other exchanges are a little older than 2 weeks.

Fiat vanishes from Gemini over the weekends? Institutional Investors caught unawares by bank holiday? Again?
After a few months of this weekend thing happening every week like clockwork, they'll likely catch on.
I remain cautiously optimistic Cool

prices last week on gemini showed a big gap towards other exchanges. the reason is pretty obv, fiat pouring in immediately panic bought btc no matter what premium they had to pay. therefore no fiat at the weekend on gemini. pretty simple.

as the workweek at the eastcoast starts exactly NOW, it will be interesting to see the next hours if the volume starts to rise again.

>Institutional Investors
>panic buying bitcoin

And another 15BTC traded. BLAM!1!11one, bitches!

did anyone mention "Institutional Investors"?
legendary
Activity: 1246
Merit: 1000
One aspect people aren't talking about, Christmas is coming up in 2 months, don't think for a second that the wealthy class are not any much more different than you and me. If they think they can make some money and bring home a nice holiday sack of money for their families they will.
newbie
Activity: 56
Merit: 0
Volume on Gemini down to almost nothing again.

i would blame the weekend for that. no fiat->no trade.
Wonder how the other exchanges manage? Perhaps by... but no, that's just crazy talk.

as far as i know the other exchanges are a little older than 2 weeks.

Fiat vanishes from Gemini over the weekends? Institutional Investors caught unawares by bank holiday? Again?
After a few months of this weekend thing happening every week like clockwork, they'll likely catch on.
I remain cautiously optimistic Cool

prices last week on gemini showed a big gap towards other exchanges. the reason is pretty obv, fiat pouring in immediately panic bought btc no matter what premium they had to pay. therefore no fiat at the weekend on gemini. pretty simple.

as the workweek at the eastcoast starts exactly NOW, it will be interesting to see the next hours if the volume starts to rise again.

>Institutional Investors
>panic buying bitcoin

And another 15BTC traded. BLAM!1!11one, bitches!
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
Baaaaahhhh....

Let the rally continue.

ENGAGE!
hero member
Activity: 1133
Merit: 819
Volume on Gemini down to almost nothing again.

i would blame the weekend for that. no fiat->no trade.
Wonder how the other exchanges manage? Perhaps by... but no, that's just crazy talk.

as far as i know the other exchanges are a little older than 2 weeks.

Fiat vanishes from Gemini over the weekends? Institutional Investors caught unawares by bank holiday? Again?
After a few months of this weekend thing happening every week like clockwork, they'll likely catch on.
I remain cautiously optimistic Cool

prices last week on gemini showed a big gap towards other exchanges. the reason is pretty obv, fiat pouring in immediately panic bought btc no matter what premium they had to pay. therefore no fiat at the weekend on gemini. pretty simple.

as the workweek at the eastcoast starts exactly NOW, it will be interesting to see the next hours if the volume starts to rise again.

Wow. Good timing.
ImI
legendary
Activity: 1946
Merit: 1019
Volume on Gemini down to almost nothing again.

i would blame the weekend for that. no fiat->no trade.
Wonder how the other exchanges manage? Perhaps by... but no, that's just crazy talk.

as far as i know the other exchanges are a little older than 2 weeks.

Fiat vanishes from Gemini over the weekends? Institutional Investors caught unawares by bank holiday? Again?
After a few months of this weekend thing happening every week like clockwork, they'll likely catch on.
I remain cautiously optimistic Cool

prices last week on gemini showed a big gap towards other exchanges. the reason is pretty obv, fiat pouring in immediately panic bought btc no matter what premium they had to pay. therefore no fiat at the weekend on gemini. pretty simple.

as the workweek at the eastcoast starts exactly NOW, it will be interesting to see the next hours if the volume starts to rise again.
newbie
Activity: 56
Merit: 0
Volume on Gemini down to almost nothing again.

i would blame the weekend for that. no fiat->no trade.
Wonder how the other exchanges manage? Perhaps by... but no, that's just crazy talk.

as far as i know the other exchanges are a little older than 2 weeks.

Fiat vanishes from Gemini over the weekends? Institutional Investors caught unawares by bank holiday? Again?
After a few months of this weekend thing happening every week like clockwork, they'll likely catch on.
I remain cautiously optimistic Cool
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino

Looks like this correction after the pump could potentially take us below 260. That'd be disappointing but not a disaster. It will be a shame if the price can't stay in the 250's range though.
ImI
legendary
Activity: 1946
Merit: 1019
Volume on Gemini down to almost nothing again.

i would blame the weekend for that. no fiat->no trade.
Wonder how the other exchanges manage? Perhaps by... but no, that's just crazy talk.

as far as i know the other exchanges are a little older than 2 weeks.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1106
Merit: 1007
Hide your women
21 Inc is working on decentralizing mining in a big way.

When every kid's video game console is mining bitcoins any thoughts of centralization will be out the window.

except all those microminers will be connected through 21's micropayments channel and mining in 21's pool. How is that decentralization exactly?
newbie
Activity: 56
Merit: 0
Volume on Gemini down to almost nothing again.

i would blame the weekend for that. no fiat->no trade.
Wonder how the other exchanges manage? Perhaps by... but no, that's just crazy talk.
ImI
legendary
Activity: 1946
Merit: 1019
Volume on Gemini down to almost nothing again.

i would blame the weekend for that. no fiat->no trade.
legendary
Activity: 1106
Merit: 1007
Hide your women
Dash? Monero? (less traceable) Bitshares? (much much larger transaction capacity, built in smart contracts, etc) Should I go on?  Network effect didn't save MySpace.

 Cheesy

So a pre-mined POS & a ripple rip-off are going to steal Bitcoin's lunch money? Please... Cheesy

Comparing Bitcoin network effect to Myspace confirms my suspicions: you are beyond retarded.


Ok, so humor a retard, Einstein. what's wrong with the comparison? What make a four billion dollar first mover advantage so insurmountable in a world where WhatsApp gets sold to FB for 19 billion?

Cost, retard.

Moving from Myspace to Facebook entails no cost for the user.

Divesting from Bitcoin to some other cryptocurrency "because it is better" undermines the very trust that holds the concept together and would result in a complete destruction of any value created over the years. If we are to assume that something better will always come along why would I invest myself into the current "implementation"?

Your economics, it's broken  Cry

That's a really good question, but I'm glad people are pumping now as it allows me to divest with lower cost. Don't worry though. I'll buy back in probably when a scaling solution is implemented, assuming I haven't found a better altcoin by then.

If you don't want that "complete destruction" you mentioned, you'd be wise to help ensure that there isn't something better by supporting improvements to the protocol.

So NOW you are abandoning ship?  That's a little bit crazy.

I doubt that this lack of a clear direction regarding BTC's scalability is going to be as detrimental to either its long-term or short-term success as you seem to be making it out to be.

Yes, you may be able to profit with some of the volatility of various other investments, yet BTC seems to remain a good long-term and fairly secure vehicle to place a decent amount of capital, currently.  Also there are decent upside potentials with BTC and even considerable likelihood that we could experience a sudden and unannounced doubling or tripling of value with little to NO notice and thereafter NO return to previous price levels....

So ultimately, for your own good, I hope you are NOT being too rash with your seemingly emotional decision to diversify (and/or as you put it "divest" out of BTC).

It doesn't much matter where the ship is, if it's drifting and you see the officer corps fighting with no clear leadership, you start looking for a place and time to disembark. 
8up
hero member
Activity: 618
Merit: 500
Volume on Gemini down to almost nothing again.

Institutional Investors clearly too dumb 2b disruptive/didn't the white paper.
Maybe if we dumb it down for them, pictorially?



still a long way to go. personally i prefer bitcoin to be bottom-up.
newbie
Activity: 56
Merit: 0
Volume on Gemini down to almost nothing again.

Institutional Investors clearly too dumb 2b disruptive/didn't the white paper.
Maybe if we dumb it down for them, pictorially?

http://vignette2.wikia.nocookie.net/simpsons/images/f/f4/His_evil_plan.jpg/revision/latest?cb=20120406182958
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