Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18851.

JayJuanGee

legendary

Activity: 3948

Merit: 11416

Self-Custody is a right. Say no to"Non-custodial"

Quote from: thefunkybits on May 19, 2016, 01:31:30 PM

Quote from: JayJuanGee on May 19, 2016, 12:18:21 PM

good luck to those pumping and dumping ETH, and you are likely in for a lot more short term volatility than bitcoin .. but yeah, let's see how the price directions and developments play out for each.

Of course, im still bullish on BTC, and I plan on dumping some profits back in before the halving.

But for those of yall on the sidelines, don't be surprised to see ETH go to $50 each before that happens

Wow... that sure is ETH bullish... I mean, yeah, we can see some kind of connection between ETH and BTC... and even alts are likely to be absorbed into BTC over the years.

https://bitcoinmagazine.com/articles/features-from-the-most-popular-altcoins-are-planned-for-bitcoin-1463675591

Nonetheless, your prediction is quite scary, and I doubt that it is a very good time to be buying ETH .... but sure markets can remain fairly irrational for a long time.

peonminer

hero member

Activity: 798

Merit: 531

Crypto is King.

Quote from: adamstgBit on May 19, 2016, 01:44:04 PM

Quote from: peonminer on May 19, 2016, 01:38:10 PM

Countdown to halvening??

what halvening? ETH doesn't halve...

hahaha low blow bro Tongue

Poor BTC ; ( haha yeah right. Whales are Uber collecting right now... this BTC pump in July will be raunchyyy!!!

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: peonminer on May 19, 2016, 01:38:10 PM

Countdown to halvening??

what halvening? ETH doesn't halve...

peonminer

hero member

Activity: 798

Merit: 531

Crypto is King.

Countdown to halvening??

Hyperjacked

legendary

Activity: 1624

Merit: 1126

It's all mathematics...!

Gotta love the 2 month BTC chart...getting some flashbacks Grin

careful honey badgers...don't get bit in da butt!

peonminer

hero member

Activity: 798

Merit: 531

Crypto is King.

Oh bitcoon, sweet honey badger songs you play

thefunkybits

legendary

Activity: 1218

Merit: 1000

Quote from: JayJuanGee on May 19, 2016, 12:18:21 PM

good luck to those pumping and dumping ETH, and you are likely in for a lot more short term volatility than bitcoin .. but yeah, let's see how the price directions and developments play out for each.

Of course, im still bullish on BTC, and I plan on dumping some profits back in before the halving.

But for those of yall on the sidelines, don't be surprised to see ETH go to $50 each before that happens

UngratefulTony

member

Activity: 115

Merit: 10

Quote from: klee on May 19, 2016, 05:41:02 AM

Quote from: r0ach on May 18, 2016, 12:59:40 PM

BTCE hit $457 and OKcoin is $455 so the 3rd world exchanges are no longer behind the west for the first time in like a month. Price is definitely going up.

Nailed it one more time!

If those pesky israeli bankster trolls didn't follow his posts and manipulate the market to make him look silly... he would have been right, you know.

Hyperjacked

legendary

Activity: 1624

Merit: 1126

It's all mathematics...!

Quote from: Mrpumperitis on May 19, 2016, 11:04:53 AM

https://twitter.com/Dustin_Byington/status/733310478080860160

get ready Tongue

https://www.reddit.com/r/ethtrader/comments/4k1uz3/coinbase_added_a_new_endpoint_for_their_api/

sup pump! Been a long time...Cheers

USB-S

sr. member

Activity: 574

Merit: 250

In XEM we trust

Quote from: doc12 on May 19, 2016, 01:17:37 PM

Would you be so kind and post about Eth in the ALTCOIN-Section ? Thanks

this ^^^^^

I come here to get my bitcoin fix, eth isn't as clean of a drug as btc is. Vitalik fucked that one up for me. I heard he is retarded.

doc12

legendary

Activity: 1284

Merit: 1042

Would you be so kind and post about Eth in the ALTCOIN-Section ? Thanks

Andre#

hero member

Activity: 737

Merit: 500

Quote from: bobabouey2 on May 19, 2016, 12:05:54 PM

Great piece on some of the legal issues related to the DAO.

http://www.bloomberg.com/view/articles/2016-05-17/blockchain-company-wants-to-reinvent-companies

I particularly like this:

Quote

But what if an impecunious owner of a Mobotiqmobile rents it to her impecunious peer, and it autonomously crashes into a bus full of children? What if they sue? What if Mobotiq, and the owner and the renter, don't have enough money to pay their damages? (Presumably the car has no money.) What if the insurance that Mobotiq is required to buy under the smart contract turns out to be worthless because someone filled out a form wrong? What if the only deep pockets anywhere near the accident are those of the DAO itself? What if the DAO has spent all its money on a pyramid scheme, and the only deep pockets are those of the DAO's individual investors?

Quote

At that point, the DAO might want to know what its relationship is with Mobotiq, not in terms of "immutable, unstoppable, and irrefutable computer code," but in terms of traditional corporate structures under relevant local law. Is Mobotiq a division of the DAO, identical with the DAO for liability purposes? Is it a separate corporation in which the DAO has a (limited liability) equity investment? The DAO's investors, similarly, might now be keenly interested in whether they are in fact general partners in the DAO under local law. Because general partners tend to have unlimited liability for their partnership's misdeeds. Even if the smart contract says otherwise. Without the protections of limited liability based in local law, all you have to rely on is cryptography.

I also think the potential legal liability of the "curators" is going to be interesting.

Thanks! That's a great read.

Hyperjacked

legendary

Activity: 1624

Merit: 1126

It's all mathematics...!

Quote from: JimboToronto on May 19, 2016, 10:18:22 AM

Good morning Bitcoinland.

Massive $5 plummet overnight I see. I'm surprised the teddy trolls aren't picnicking. Cheesy

Seems we've been hovering around $450 for 3 weeks now. It also seems every time some manipulator dumps thousands of coins at once in an attempt to start a panic, it fails and the price bounces back quickly to nearly where it started.

Just another day in the life...Cheers BTC holders Cool

Denker

legendary

Activity: 1442

Merit: 1016

Quote from: JimboToronto on May 19, 2016, 10:18:22 AM

Good morning Bitcoinland.

Massive $5 plummet overnight I see. I'm surprised the teddy trolls aren't picnicking. Cheesy

Seems we've been hovering around $450 for 3 weeks now. It also seems every time some manipulator dumps thousands of coins at once in an attempt to start a panic, it fails and the price bounces back quickly to nearly where it started.

Yepp that sums it up pretty good I think.
First time I'm online today.Checked the price and saw we are a bit lower.Then I watched the charts of the big exchanges and was of the impression that this was just another attempt to dump the market.But the resistence is strong and the chinese are already back over $450/2960 CNY.

r0ach

legendary

Activity: 1260

Merit: 1000

Non-stop spam of 1 star shill accounts spamming about Eth. Must mean the Ethereum price is maxed out and collapse imminent.

JayJuanGee

legendary

Activity: 3948

Merit: 11416

Self-Custody is a right. Say no to"Non-custodial"

Quote from: thefunkybits on May 19, 2016, 10:29:19 AM

Quote from: USB-S on May 19, 2016, 10:21:56 AM

Quote from: thefunkybits on May 19, 2016, 10:12:42 AM

Quote from: ?? on ??

Quote from: adamstgBit on May 19, 2016, 09:39:27 AM

looks like the triangle has broken down
but it feels like technical traders are being fucked with.

when 460 resistance becomes a support line all hell will break loose

🙈🙉
Best trading strategy.

Haha pretty much...Ethereum is taking over, people.

You can't even buy drugs or alpaca socks with that. I bet DAO will fail because there is literally no business on ether network. It'll take a couple of months before the poisonous bagholders show up.

The Ethereum network is built for apps to be built on top of. We always hear Antonopolous talk about the first "killer app"...well DAO is it and it's only on Ethereum. The Ethereum platform will build many of these killer apps and these will create a network effect on the Ethereum network. You are already seeing this with the DAO and companies like slock.it and Mobotiq

WOW!!!

Even dee funky is turning into an ETH/DAO pumper.

Yes, surely there can be a lot utility in respect to a lot of applications, and so many of these applications remain so much in their early stages, it is going to take several years for them to play out. They can definitely compliment bitcoin, but so far beyond hype, they are not really taking anything meaningful away from bitcoin. Some are going to argue price, but so what... Price takes a while to have its ups and downs, and BTC will remain successful whether or not it achieves a 5x or a 10x in the next 12 months.

good luck to those pumping and dumping ETH, and you are likely in for a lot more short term volatility than bitcoin .. but yeah, let's see how the price directions and developments play out for each.

bobabouey2

sr. member

Activity: 248

Merit: 250

Great piece on some of the legal issues related to the DAO.

http://www.bloomberg.com/view/articles/2016-05-17/blockchain-company-wants-to-reinvent-companies

I particularly like this:

Quote

But what if an impecunious owner of a Mobotiqmobile rents it to her impecunious peer, and it autonomously crashes into a bus full of children? What if they sue? What if Mobotiq, and the owner and the renter, don't have enough money to pay their damages? (Presumably the car has no money.) What if the insurance that Mobotiq is required to buy under the smart contract turns out to be worthless because someone filled out a form wrong? What if the only deep pockets anywhere near the accident are those of the DAO itself? What if the DAO has spent all its money on a pyramid scheme, and the only deep pockets are those of the DAO's individual investors?

Quote

At that point, the DAO might want to know what its relationship is with Mobotiq, not in terms of "immutable, unstoppable, and irrefutable computer code," but in terms of traditional corporate structures under relevant local law. Is Mobotiq a division of the DAO, identical with the DAO for liability purposes? Is it a separate corporation in which the DAO has a (limited liability) equity investment? The DAO's investors, similarly, might now be keenly interested in whether they are in fact general partners in the DAO under local law. Because general partners tend to have unlimited liability for their partnership's misdeeds. Even if the smart contract says otherwise. Without the protections of limited liability based in local law, all you have to rely on is cryptography.

I also think the potential legal liability of the "curators" is going to be interesting.

yefi

legendary

Activity: 2842

Merit: 1511

Quote from: thefunkybits on May 19, 2016, 10:43:49 AM

You've clearly not done your research. Slock.it and Mobotiq compete with airbnb and UBER...

Blinky the Clown could compete with them from my garden shed, but that doesn't mean much.

finkelsteinMonster

newbie

Activity: 56

Merit: 0

Quote from: Paashaas on May 19, 2016, 11:43:32 AM

Investors in DAO pay ETH to create ''DAO tokens'' and those same guys having voting rights on witch projects will be funded, they need a shameless 20.1% only to work togther.

When ETH drops in value those investments projects will drop in value too, i dont know if that works out well.

That's why people invested in those projects won't allow ETH price to fall. Rational self-interest

Paashaas

legendary

Activity: 3620

Merit: 4813

Investors in DAO pay ETH to create ''DAO tokens'' and those same guys having voting rights on witch projects will be funded, they need a shameless 20.1% only to work togther.

When ETH drops in value those investments projects will drop in value too, i dont know if that works out well.

Rootstock smart-contracts seems to be a better choice.

https://medium.com/@CryptoIQ.ca/rootstock-smart-contracts-on-the-bitcoin-blockchain-e52b065421a8#.4y37hyk4x

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