Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20666. (Read 26610030 times)
October 16, 2015, 11:11:19 AM
securing profits. also 266+ for shorting is a no brainer.
October 16, 2015, 11:07:33 AM
more than happy with 258.
happy buying or is it selling
October 16, 2015, 11:05:11 AM
more than happy with 258.
October 16, 2015, 11:02:30 AM
October 16, 2015, 11:00:13 AM
next target 270 ccmf!
270 is very low target just 4 usd away, next target more likely above 300
maybe next week ?
October 16, 2015, 10:58:06 AM
next target 270 ccmf!
October 16, 2015, 10:54:44 AM
I know riiight ?
crossing 269 before dropping back to 266 at gemini LOL
sell as close as you can to 258.
target is 268, before it will retrace and rises further
says the noobtrader.
October 16, 2015, 10:53:54 AM
I believe you are referencing PPC/ NuBits? UIAB(upon information and belief) Nubits is pegged/ tied to each one being worth $1
No, Brock Pierce's company was originally RealCoin and renamed Tether, which was originally built on Mastercoin which was renamed Omni.
Their model is not to create an artificial peg like Nubits or Bitassets, they hold actual dollars custodially and issue tokens. Legendary internet moron Trace Meyer once tried to convince them (on his podcast) to hold physical cash in a vault instead of using banks to do this.
October 16, 2015, 10:53:12 AM
October 16, 2015, 10:47:17 AM
I believe you are referencing PPC/ NuBits? UIAB(upon information and belief) Nubits is pegged/ tied to each one being worth $1
No, Brock Pierce's company was originally RealCoin and renamed Tether, which was originally built on Mastercoin which was renamed Omni.
Their model is not to create an artificial peg like Nubits or Bitassets, they hold actual dollars custodially and issue tokens. Legendary internet moron Trace Meyer once tried to convince them (on his podcast) to hold physical cash in a vault instead of using banks to do this.
October 16, 2015, 10:44:29 AM
Got the front seat on dis train 
Scary place, come the [inevitable] crash.
October 16, 2015, 10:41:52 AM
are we rich yet?? 
October 16, 2015, 10:38:39 AM
October 16, 2015, 10:38:20 AM
Woop just broke 265 on bitfinex, BTC-E is last in the growth with price at only 262.2
October 16, 2015, 10:34:28 AM
Got the front seat on dis train
October 16, 2015, 10:29:06 AM
Hmm.. No rocket launch gifs yet. I am disapoint.
October 16, 2015, 10:08:06 AM
I believe you are referencing PPC/ NuBits? UIAB(upon information and belief) Nubits is pegged/ tied to each one being worth $1
Jorge:
Regarding Ceo/BTC/ALTCOIN, I do think it is a little disturbing.
Re; Todd, although he has his 'viacoin' it does not seem to have much action with it lately. It seem's most of todd's time is spent involved with bitcoin nowadays. This seemed to be the opposite during the heyday of pump/dump penny crypto boiler rooms... and he was distancing himself from btc...
I think it is safe to say that there are significant and competing visions for bitcoin and that most parties involved in the space have alternative motives.
At the same time I think if you view bitcoin as a snowball, it's starting rolling down the mountain, gaining more and more mass and speed.
I have a nagging suspicion that the block size debate has been nothing but a big distraction; a red herring meant simply to delay and inhibit bitcoin growth as long as possible.
More importantly though, I think the overstock news is very 'dangerous.'
"New York City-based securities trading hedge fund Clique Fund on Tuesday borrowed $10 million in stock using the Bitcoin blockchain, reported Wired.
The hedge fund used Overstock.com’s new, in-beta operation, TØ.com, to borrow shares in the 30 stocks that constitute the Dow Jones Industrial Average."
If you have read some of Byrne's comments regarding wall street, it looks like he is getting ready to eat their lunch. I think it would be interesting to see parties begin porting things like chaindb or t0.com to alternative blockchains, i.e. LTC / PPC or what have you. I think that is like the iceberg facing bitcoin.
It will be interesting to see how this all develops...
Jorge:
Regarding Ceo/BTC/ALTCOIN, I do think it is a little disturbing.
Re; Todd, although he has his 'viacoin' it does not seem to have much action with it lately. It seem's most of todd's time is spent involved with bitcoin nowadays. This seemed to be the opposite during the heyday of pump/dump penny crypto boiler rooms... and he was distancing himself from btc...
I think it is safe to say that there are significant and competing visions for bitcoin and that most parties involved in the space have alternative motives.
At the same time I think if you view bitcoin as a snowball, it's starting rolling down the mountain, gaining more and more mass and speed.
I have a nagging suspicion that the block size debate has been nothing but a big distraction; a red herring meant simply to delay and inhibit bitcoin growth as long as possible.
More importantly though, I think the overstock news is very 'dangerous.'
"New York City-based securities trading hedge fund Clique Fund on Tuesday borrowed $10 million in stock using the Bitcoin blockchain, reported Wired.
The hedge fund used Overstock.com’s new, in-beta operation, TØ.com, to borrow shares in the 30 stocks that constitute the Dow Jones Industrial Average."
If you have read some of Byrne's comments regarding wall street, it looks like he is getting ready to eat their lunch. I think it would be interesting to see parties begin porting things like chaindb or t0.com to alternative blockchains, i.e. LTC / PPC or what have you. I think that is like the iceberg facing bitcoin.
It will be interesting to see how this all develops...
October 16, 2015, 10:07:21 AM
Seeing these images, couldn't someone make a profit out of the price difference? By arbitaging.
Arbitraging is profitable only if the price difference is greater than the tradeing fees. That is one reason why the Chinese exchanges have such high volumes, and have very similar prices: one can do arbitrage even on tiny differences in price.
On the other hand, one does not need to actually move dollars or bitcoins instantaneously to do arbitrage between two exchanges. To do arbitrage one should buy at A and sell at B when the price is lower at A, and do the reverse when the price is lower ar B. If one has substantial BTC and dollar funds on both exchanges, one could alternate between these trades in such a way that the four accounts remain mostly balanced in the long run. If they become unbalanced, one can transfer BTC and/or dollars to rebalance them, but those transfers can be slow.
Someone claimed that Bitcoin arbitragers may use Litecoin to transfer funds between exchanges, because of its faster confirmation time.
yes, but then you need to trust more than 1 exchange with your precious coin...
October 16, 2015, 10:02:27 AM
October 16, 2015, 09:52:55 AM
Don't know anything about that Brock Pierce thing.
Realcoin it was called: http://www.coindesk.com/brock-pierce-announces-dollar-backed-cryptocurrency-realcoin/It has been rebranded as Tether. Don't know anything else about it myself.
Speaking of which, no one finds it weird that the president of the Bitcoin Foundation is CEO of a competing altcoin?
Or that two Bitcoin Core developers (BTCDrak and Peter Todd) are CEO and CTO of Viacoin, another altcoin that aims to replace bitcoin?
im not sure any altcoin can compared and replace bitcoin
i know NMC give you "real rate" 1NMC = 1$, but people still trust bitcoin with the price tends to fluctuate
look NMC at her https://btc-e.com/exchange/nmc_btc
No, Namecoin gives you a .bit domain name, not $1.
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