Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17861.

NUFCrichard

legendary

Activity: 1218

Merit: 1003

Quote from: spooderman on January 16, 2017, 11:40:07 PM

anyone got any LEGIT TA for us?

For Bitcoin? No.

The technical analysts just say that if the price falls, it will fall a lot more. If it rises, it will rise a lot more.
In stocks and shares there are traditional ideas that fit to established TA, but in Crypto we just draw straight lines on a log scale and say that the price will be something unrealistic in the near future.

yonton

sr. member

Activity: 854

Merit: 262

Refuelled and ready for launch!!

Stevenirving

sr. member

Activity: 296

Merit: 274

Come on 900! You can do it!

Torque

legendary

Activity: 3780

Merit: 5429

Quote from: mymenace on January 16, 2017, 11:19:43 PM

charge you the same fees while having a cheaper financial network

your 1 USD would = something like 0.00001 of a utility settlement coin

https://www.ubs.com/microsites/blockchain-report/en/home.html

you can find the whitepaper on this page

Yeah I've read that whitepaper, it's all full of overblown hype.

And charge who the same fees? Certainly not me, I don't do bank transfers or settlements. They must mean between each major bank and trusted entity.

And that's just it, isn't it? Major world currencies are already all digital, just numerals in a database. So the banks and their partners already have the infrastructure in place today to facilitate efficient settlements between different currencies and assets. So I don't see how a "utility settlement coin" is really going to improve anything in that regard.

dmwardjr

legendary

Activity: 1302

Merit: 1318

Technical Analyst/Trader

PRICE DOWN PICK UP: https://www.youtube.com/watch?v=lEBP9dpVM70

WITHOUT CANDLES WITH A MESSAGE AND:

WITH CANDLES WITH A MESSAGE:

EDIT: THIS video explains where the real currency war is. Thank You Andreas !!!!

THIS VIDEO EXPLAINS WHERE THE REAL CURRENCY WAR IS LOCATED:

https://www.youtube.com/watch?v=6ZCVQHtD2l4

PoolMinor

legendary

Activity: 1844

Merit: 1338

XXXVII Fnord is toast without bread

Quote from: spooderman on January 16, 2017, 11:40:07 PM

don't worry bears, there's no WAY there isn't going to be another annoying dump.

900 was assassinated less than a week ago.

so it seems fitting to stay well below it for a while.

which we won't do.

but when we go above it, we'll get smacked back i imagine.

anyone got any LEGIT TA for us?

Top at ~$990, then, Chinese New Year.

10

notme

legendary

Activity: 1904

Merit: 1002

Quote from: spooderman on January 16, 2017, 11:40:07 PM

don't worry bears, there's no WAY there isn't going to be another annoying dump.

900 was assassinated less than a week ago.

so it seems fitting to stay well below it for a while.

which we won't do.

but when we go above it, we'll get smacked back i imagine.

anyone got any LEGIT TA for us?

Down (hourly), then up (daily).

spooderman

legendary

Activity: 1652

Merit: 1029

don't worry bears, there's no WAY there isn't going to be another annoying dump.

900 was assassinated less than a week ago.

so it seems fitting to stay well below it for a while.

which we won't do.

but when we go above it, we'll get smacked back i imagine.

anyone got any LEGIT TA for us?

marcus_of_augustus

legendary

Activity: 3920

Merit: 2349

Eadem mutata resurgo

PBOC flies

mymenace

legendary

Activity: 1596

Merit: 1061

Smile

Quote from: Torque on January 16, 2017, 08:10:37 PM

Quote from: rjclarke2000 on January 16, 2017, 04:56:05 PM

Quote from: Torque on January 16, 2017, 04:40:23 PM

Quote from: rjclarke2000 on January 16, 2017, 03:34:34 PM

Quote from: Torque on January 16, 2017, 03:20:49 PM

Bwaahhahahahahaha!!!!

Deutsche Bank Joins Venture to Offer Blockchain Products
https://global.handelsblatt.com/finance/deutsche-bank-joins-venture-to-offer-blockchain-products-682447

A choice quote:

"Some banks are already using blockchain technology to conduct security trades with utility settlement coins, a digital currency, instead of traditional bank transfers. By going digital with blockchain, banks don’t have to keep as much capital and liquidity on hand for financial transactions."

Are you basically saying it's only a matter of time before bitcoin is used OR do you think they are using it (trialing it) instead of "utility settlement coins"

Both.

1. Fairly quickly, they will discover that bank-created "utility settlement coins" are fairly useless. Unless this is just a cover story, a lie to deceive the public.

- but -

2. I suspect that secretly, they are really building the infrastructure for Bitcoin long term, and may even be testing it. Some day they will have no choice but to plug into the Bitcoin blockchain.

So both hilarious (short term) and bullish (long term)

I'm just a simple hodler and not up to scratch technically compared to you guys (but better than normal folk) but how do so called settlement coins work for banks? What's the incentive exactly with these coins? How does it all work?

I can't figure out how they can create their own coin and hey presto all working well.

Honestly, I'm not sure if any really knows what these banks plan to do with their supposed "blockchain" services. They already have the ability to transact and do settlement with each other in a trusted fashion, seamlessly and fairly frictionlessly, so it's a complete mystery why they would need "blockchain integration" for that purpose.

My bet is on them creating blockchain-enabled (sidechain?) derivatives for new/emerging commodities, hedge markets, etc. Bitcoin seems like a perfect fit. Sure they could create and pre-mine a new PoS like coin and create a market for it, but who would trust it? Who would purchase and trade it, and why? Just using it 'internally' within a small network of trusted banks won't really do anything amazing for them.

charge you the same fees while having a cheaper financial network

your 1 USD would = something like 0.00001 of a utility settlement coin

https://www.ubs.com/microsites/blockchain-report/en/home.html

you can find the whitepaper on this page

mymenace

legendary

Activity: 1596

Merit: 1061

Smile

Quote from: elite3000 on January 16, 2017, 11:16:34 PM

Quote from: gembitz on January 16, 2017, 11:04:00 PM

Quote from: spooderman on January 16, 2017, 10:58:10 PM

BACK ON THE TRAIN EVERYONE

BTCitcoin Caucus + Trump speech = Trumpcoin taking BTC higher ? Cool

*stay tuned*

===>

https://yobit.net/en/trade/TRUMP/BTC

is there a Trump coin or is TRUMP/BTC some kind of future for the BTC???

thats like saying i do not know how to google

elite3000

legendary

Activity: 1073

Merit: 1000

Quote from: gembitz on January 16, 2017, 11:04:00 PM

Quote from: spooderman on January 16, 2017, 10:58:10 PM

BACK ON THE TRAIN EVERYONE

BTCitcoin Caucus + Trump speech = Trumpcoin taking BTC higher ? Cool

*stay tuned*

===>

https://yobit.net/en/trade/TRUMP/BTC

trumpcoin is just another bandwagon coin that has no innovation and won't have long term survival and will be forgotten in the next years

the price is already falling day after day

AZwarel

sr. member

Activity: 401

Merit: 280

These sudden up/down things always starts to happen 5 minutes before i go to bed.

Which means, now i can't go to bed...
But seriously, price stagnates for a week, who is stupid enough to buy them all at once? Fishy.

EDIT: oh wait, i know:

gembitz

hero member

Activity: 1848

Merit: 640

*Brute force will solve any Bitcoin problem*

Quote from: spooderman on January 16, 2017, 10:58:10 PM

BACK ON THE TRAIN EVERYONE

BTCitcoin Caucus + Trump speech = Trumpcoin taking BTC higher ? Cool

*stay tuned*

===>

https://yobit.net/en/trade/TRUMP/BTC

cmacwiz

sr. member

Activity: 704

Merit: 270

total bull trap, right? dump incoming, right guys? please, oh god

spooderman

legendary

Activity: 1652

Merit: 1029

BACK ON THE TRAIN EVERYONE

Kanapka

hero member

Activity: 821

Merit: 1003

Trump will officially be president this Friday.

I think this will be a excuse for a short term rise in the price, specially if crazy things happen like assassination attempts or terror attacks or riots, or wars.

I guess at least $900+ will be reached until the end of the weekend

Paashaas

legendary

Activity: 3512

Merit: 4557

I like this $10 rise, small but steady!

r0ach

legendary

Activity: 1260

Merit: 1000

Quote from: Torque on January 16, 2017, 08:10:37 PM

Honestly, I'm not sure if any really knows what these banks plan to do

Torque

legendary

Activity: 3780

Merit: 5429

Quote from: rjclarke2000 on January 16, 2017, 04:56:05 PM

Quote from: Torque on January 16, 2017, 04:40:23 PM

Quote from: rjclarke2000 on January 16, 2017, 03:34:34 PM

Quote from: Torque on January 16, 2017, 03:20:49 PM

Bwaahhahahahahaha!!!!

Deutsche Bank Joins Venture to Offer Blockchain Products
https://global.handelsblatt.com/finance/deutsche-bank-joins-venture-to-offer-blockchain-products-682447

A choice quote:

"Some banks are already using blockchain technology to conduct security trades with utility settlement coins, a digital currency, instead of traditional bank transfers. By going digital with blockchain, banks don’t have to keep as much capital and liquidity on hand for financial transactions."

Are you basically saying it's only a matter of time before bitcoin is used OR do you think they are using it (trialing it) instead of "utility settlement coins"

Both.

1. Fairly quickly, they will discover that bank-created "utility settlement coins" are fairly useless. Unless this is just a cover story, a lie to deceive the public.

- but -

2. I suspect that secretly, they are really building the infrastructure for Bitcoin long term, and may even be testing it. Some day they will have no choice but to plug into the Bitcoin blockchain.

So both hilarious (short term) and bullish (long term)

I'm just a simple hodler and not up to scratch technically compared to you guys (but better than normal folk) but how do so called settlement coins work for banks? What's the incentive exactly with these coins? How does it all work?

I can't figure out how they can create their own coin and hey presto all working well.

Honestly, I'm not sure if any really knows what these banks plan to do with their supposed "blockchain" services. They already have the ability to transact and do settlement with each other in a trusted fashion, seamlessly and fairly frictionlessly, so it's a complete mystery why they would need "blockchain integration" for that purpose.

My bet is on them creating blockchain-enabled (sidechain?) derivatives for new/emerging commodities, hedge markets, etc. Bitcoin seems like a perfect fit. Sure they could create and pre-mine a new PoS like coin and create a market for it, but who would trust it? Who would purchase and trade it, and why? Just using it 'internally' within a small network of trusted banks won't really do anything amazing for them.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17861. (Read 26609871 times)