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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20002. (Read 26610285 times)

legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
Off-topic but...

https://twitter.com/CanadianPM/status/672876862419378177

What a time to be alive !!!  Grin

hes going to sell his pot for 25$ a gram!
and no volume discount.
i'm disappointed.


legalised, regulated, taxed pot still means a thriving black market of unregulated, untaxed pot ... enter bitcoins
legendary
Activity: 2338
Merit: 1035
We're soon takin' off boys!

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Off-topic but...

https://twitter.com/CanadianPM/status/672876862419378177

What a time to be alive !!!  Grin

hes going to sell his pot for 25$ a gram!
and no volume discount.
i'm disappointed.
legendary
Activity: 2002
Merit: 1040
Shorts be sweatin'
legendary
Activity: 1260
Merit: 1000
Sorry but this is not true. Proof of work is one way of securing a blockchain, however proof of stake blockchains do not require a lot of computing power at all and I can think of at least two POS currencies which have robust blockchains.

Technically all non-open entropy, proof of stake coins are permissioned ledgers.  These type of chains will exist in the future for a variety of purposes, but it appears Bitcoin is unstoppable as the main monetary unit now.

They have no use for bitcoin or any other cryptocurrencies. If they had, they would use some closed centralized "currency" like Ripple.

The bitcoin blockchain is a lousy and terribly inefficient data structure.

A system like DPoS is what they will end up using for a ledger that can be accessed by the outside public while preventing attack by owning a majority of stake between banks/financial institutions.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Good to see the price staying strong above 350. Hopefully that can act as some kind of new bottom even over the weekend.
legendary
Activity: 2338
Merit: 2106
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1624
Merit: 1126
It's all mathematics...!
Hi bears...sup? Leveraged anyone?


Disclaimer:margin calls are gonna be da fuel dat pumps dis to da moon!

Margin shorts on BFX are less than half of what they were for last month's euphoria filled run.

Feels like directionless chop for a while until a whale wants to do something exciting.

Still leverage in the hands of amateurs is gonna fuel the rocket ship!

Not making a call based on current numbers...just basic chaos within the parameters!
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
sr. member
Activity: 392
Merit: 250
Hi bears...sup? Leveraged anyone?


Disclaimer:margin calls are gonna be da fuel dat pumps dis to da moon!

Margin shorts on BFX are less than half of what they were for last month's euphoria filled run.

Feels like directionless chop for a while until a whale wants to do something exciting.
legendary
Activity: 1624
Merit: 1126
It's all mathematics...!


Hi bears...sup? Leveraged anyone?


Disclaimer:margin calls are gonna be da fuel dat pumps dis to da moon!
legendary
Activity: 1624
Merit: 1126
It's all mathematics...!
Has Bitcoin ever trended up on the weekend??

Hmmm...really?

Gonna be a Fun weekend! Cool
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 798
Merit: 531
Crypto is King.
Has Bitcoin ever trended up on the weekend??
sr. member
Activity: 392
Merit: 250



Just a couple of buyers ... discover Bitcoin.



And shortly thereafter discover this censhoreship free network is only for high value Central Bank reserve settlement.  Cool

#1MB4EVA #gavinREKT #replacebyFIST #hdBOOM #popescutoldmeSO
legendary
Activity: 1512
Merit: 1012
sr. member
Activity: 345
Merit: 250
...
So, I know I don't know much about patents, but it sounds like this would also act as a patent on bitcoin almost? just simply changing the name...?

Sounds like http://coloredcoins.org/ but proprietary?  Not sure exactly what they're hoping to patent (hardware? wallets? protocol? sounds so vague and overbroad, like a patent application for "everything crypto").
Could it be just a legal maneuver, to contest other crypto patents filed at a later date?
I'm confused Sad

Yes because most crypto has been open source up to now. They will no doubt attempt to patent every slight tweek to existing crypto that they can think of, and keep their patents so vague that they can sue anyone who makes a few minor changes to any existing coin. I hope the patent examiners refuse them their patent application.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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