Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18246. (Read 26609840 times)

I really do like this increase because I bought some yesterday and making a little profit from it rising almost $10 in the last 24 hours.

A $10 drop, nothing really worth getting worked up about? Bit of a non event in my opinion bro.

ok, anyone mind explain what the fuck is going on?

4210 yuans at Chinese market huobi ,

 a slight increase in the few minutes, shall we say  , this is the incoming pump?

Good AM BTCland.

No weekend movement so far... $626 on Bitcoinaverage.

I don't think I'll even take my Android device to the ballpark. One less thing to fuss with at the ridiculous weapons search at the Skydome.

I still don't see why a Canadian facility should have to follow the dictates of some foreign country's Department of Homeland Security.

Time to go.

I think I found it

Your pump has been blocked: you should call a plumber. 

I expected we could have gotten past $650 but the $640 resistance level proved itself very strong.
We shall wait a bit more.

Where is my pump!!??  

The only thing the ban did was it froze competition. They blocked the IPs from Germany and made it so you can't create new ads in Germany. What this did was make it so that people that already had ads were now the only people selling bitcoins in Germany and they could charge high rates because of it. People still connected to the ads via VPN or whichever route they needed to take and once you were logged in you had access to all of your ads and messages anyway.

So by "blocking" it, all they did was create monopolies. As governments tend to do.

What turn bitcoin better then Bank?

Annou, low fees, security. Banks never will offer annou, and never will practice low fees, then, Banks never will create a coin who will crash btc
 Never

No one will have to buy it. It will be given to you. That coins will be most likely linked to national FIAT currency similar like USDT is now.
By using bank's services you would agree to conduct your operation using this coin instead of standard FIAT.
This is only my assumption of how this system with bank's coins could work.

No one will buy their "sh!ll coin!"

UTS - Utility Settlement Coin

    One Coin to rule them all. One Coin to find them,
    One Coin to bring them all and in the darkness bind them.

hypothetical outcome?

the coin itself would be used to make all transactions regarding fiat on the blockchain

the coin would be the base value whereas the fiat on top say USD (now masked as 0.01 UTS) may be a fraction of the coins value

example hypothetically - $1 USD is 0.01 of a utility settlement coin, this is used to process your USD payment transaction

success or not it will just be the way


BTC impact -  if there is a more informed public about "bank cryptocurrency" then its a matter of your choice between bank crypto or btc


whereas now it is FIAT or crypto

Have you thought about your own comment?

What is a successful coin?

A centralized one or a decentralized one?  Makes little sense.  

A large aspect of the value of bitcoin remains it's decentralized component that is backed up by proof of work, and no one is going to attempt to recreate something that costs so much money in terms of establishing the extended proof of work network, so in that sense, any semblance of a system that is competing to bitcoin is going to have to be centralized in some regard, which defeats the whole purpose and makes it something other than bitcoin.  

Yeah, sure there may be some attempts at competitors and some attempts to assert that they are the same as bitcoin and attempts to steal some of bitcoin's market cap, but in the end, none of them are going to be sufficiently decentralized in order to really compete.....

So, yeah, I will believe it when I see it, and in the meantime, seems unrealistic to be concerned and/.or fearful about something that is very unlikely to occur... and unlikely to really provide anywhere near the same level of decentralized immutability that is provided by our lilie fiend, bitcoin.  



Edit:  Added on below:




Nothing wrong with diversifying at various points in time when such diversification is prudent and practical.  Actually, diversification should be included in any long term investment strategy. 

At this point, concerning your pie in the sky hypothesis of some kind of "bank backed" crypto meaningfully competing with bitcoin, there is nothing even close to justify diversify into (except maybe using 1 or 2 % of your crypto investment into various crypto "competitors" that you may consider to have some pump value or even some decent fundamentals that could justify their increasing in market cap).

Yeah right...

You seem to be living in a little fantasy world in your attempt to spread FUD and to suggest something that currently in the very low probabilities of happening.   

"all they gotta do"  - right.

If all they gotta do were true, then they would have successfully nipped this baby in the bud a long time ago.... So it is going to take a lot to attempt to implement various kinds of "all they gotta do" across various jurisdictions, if the goal were to use those kinds of mechanisms to attempt to demoralize the bitcoin community and attempt to depress the price... not likely.. helrow?   

I had not even realized that there was a ban of localbitcoins in Germany, so I googled it, and it appears that the ban began in about December 2014.  Wow!   I had considered a lot of the western european countries as a bit more receptive to bitcoin, yet I understand that there is all kinds of contradictions when it comes to the actions of various governments (in other words, hard to keep track of what everyone is doing even when consistently attempting to follow relevant bitcoin news developments).

Precisely.

Well, was it successful? Sounds like that statement was sarcastic.

Anyway, even if it was, I think bitcoin is different because of money that has to be invested and the average is extremely non risk-aversive. Look at this for example: https://www.youtube.com/watch?v=vBX-KulgJ1o

I'm definitely still very bullish on btc but if a centralized coin from banks catches on in a big way, I'll probably be quick to diversify.

uh, why?

a big bank coin would be exactly like the fiat you got now except they can totally destroy your life with one click of a button and track every single transaction you ever make.