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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20017. (Read 26611258 times)

hero member
Activity: 798
Merit: 531
Crypto is King.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
Hey Everyone,

I wanted to see if there were any comments regarding the new pre-mine fair launch coin, SETLcoin, and how it could possibly take away marketshare and volume from Bitcoin.
My understanding is that they will allow FPGs, ASIC's, and probably GPU's to mine Setl's. I wasnt able to find how many will be created or at what values they're be allocated, but I thought it was interesting.

"The patent application addresses chain of custody of an asset, counterparty risk and settlement through a cryptocurrency called SETLcoin. According to the patent application viewed by Bitcoin Magazine, SETLcoin ownership can be used to prevent fraud, including float fraud such as kiting."

http://www.tradersmagazine.com/news/brokerage/goldman-sachs-files-patent-to-settle-securities-in-bitcoin-114721-1.html


Thoughts, comments, suggestions?

Why use BTC when you can just SETL...?


SETLcoin is a private blockchain (read: database) for bankers.

Nothing to see here.
sr. member
Activity: 258
Merit: 250
Hey Everyone,

I wanted to see if there were any comments regarding the new pre-mine fair launch coin, SETLcoin, and how it could possibly take away marketshare and volume from Bitcoin.
My understanding is that they will allow FPGs, ASIC's, and probably GPU's to mine Setl's. I wasnt able to find how many will be created or at what values they're be allocated, but I thought it was interesting.

"The patent application addresses chain of custody of an asset, counterparty risk and settlement through a cryptocurrency called SETLcoin. According to the patent application viewed by Bitcoin Magazine, SETLcoin ownership can be used to prevent fraud, including float fraud such as kiting."

http://www.tradersmagazine.com/news/brokerage/goldman-sachs-files-patent-to-settle-securities-in-bitcoin-114721-1.html


Thoughts, comments, suggestions?

Why use BTC when you can just SETL...?
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
ask
legendary
Activity: 1386
Merit: 1004
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
hero member
Activity: 854
Merit: 503
Legendary trader
Kraken btc/eur looking stupid. How can they go for lower prices while all the other exchanges are buying?
Eur/usd jumped +3.15% today.

Ah I see, thank you. Dollar was too strong.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
legendary
Activity: 2002
Merit: 1040
Sell Adam! Sell!!!
newbie
Activity: 33
Merit: 0
Kraken btc/eur looking stupid. How can they go for lower prices while all the other exchanges are buying?
Eur/usd jumped +3.15% today.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
And there we go.

TAI (The Adam Indicator) in action.
legendary
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hero member
Activity: 854
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Legendary trader
ChartBuddy already wearing its space helmet for when we go to the moon. Cheesy
legendary
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
i never bought so much all at once  Cheesy
newbie
Activity: 52
Merit: 0
Kraken btc/eur looking stupid. How can they go for lower prices while all the other exchanges are buying?

The Kraken is a tiny market and does weird things because it's so small. Before the crash to $150 there was a mini crash to a lower comparable figure on the Kraken while the price on other exchanges was far over $200. It only took 50 to 100 bitcoins to move its market to that vast extent.
hero member
Activity: 854
Merit: 503
Legendary trader
Kraken btc/eur looking stupid. How can they go for lower prices while all the other exchanges are buying?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
very little time left. something big is going to happen!
legendary
Activity: 2002
Merit: 1040
If you're fully leveraged in either direction, you're gonna have a bad time.
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