Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21075.

Wary

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Who's there?

Quote from: jbreher on August 13, 2015, 03:27:26 PM

Quote from: Wary on August 13, 2015, 03:07:52 PM

Quote from: infofront on August 13, 2015, 12:21:35 PM

As has been said before, everything etherium can do, bitcoin can do - and then some.

Theoretically - yes. In practice - no. For example, developers of the Augur project (which is IMO one of candidates to be The Bitcoin Killer Application

) started implementing it in bitcoin. But had to switch to Ether. Sad

Why?

Because "Bitcoin’s codebase isn’t really that well written: if you modify one thing, it breaks quite a few others ... Bitcoin is tightly coupled. What should have been a simple weekend project ended up taking a couple months to get everything working" http://www.augur.net/blog/why-ethereum

It sounds as if they are describing bitcoin as it consists of merely software. It is the protocol which is the important thing, no?

That's why I said "Theoretically - yes". Of course, some good, well structured, loose-coupled bitcoin core software will be created. Eventually. But these guys are creating their product not eventually, but today. And today they have a choice - to create it on top of well written ether or on top of badly written bitcoin-core. The second option takes ten times more time and efforts, so they have to choose the first one. Yes, eventually bitcoin will fix this code problems. But it may be too late by then. If critical mass of applications would be build on top of something else rather than on top of bitcoin, this "something else" will go mainstream instead of bitcoin.

aminorex

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Sine secretum non libertas

Quote from: Erdogan on August 13, 2015, 03:31:41 PM

There is a chinese wall between bitcoiners and the financial market!

Which side claims John Searle?

Erdogan

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Quote from: kenbytes on August 13, 2015, 01:12:49 PM

Today the global markets are sinking because China is devaluating the Yuan, but bitcoin is very stable. I think this shows how there is very little connection between the bitcoin market and other markets.

Yep - the first devaluation should scare every chinese saver, and everyone who knew about bitcoin but had not jumped in yet, should do just that. But no. Nothing of that kind happened. There is a chinese wall between bitcoiners and the financial market!

Erdogan

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Quote from: infofront on August 13, 2015, 12:21:35 PM

Quote from: ?? on ??

Quote from: Elwar on August 13, 2015, 12:11:21 PM

Quote from: hd060053 on August 13, 2015, 12:04:53 PM

is this ETH serious ? i sold 1 BTC into it just in case.

scamcoin

sorry for your loss

This.
Not sure why would it be better than btc...

As has been said before, everything etherium can do, bitcoin can do - and then some.

Duh... selling 30K bitcoins just to ease their immediate hunger... what a waste!

jbreher

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lose: unfind ... loose: untight

Quote from: Wary on August 13, 2015, 03:07:52 PM

Quote from: infofront on August 13, 2015, 12:21:35 PM

As has been said before, everything etherium can do, bitcoin can do - and then some.

Theoretically - yes. In practice - no. For example, developers of the Augur project (which is IMO one of candidates to be The Bitcoin Killer Application

) started implementing it in bitcoin. But had to switch to Ether. Sad

Why?

Because "Bitcoin’s codebase isn’t really that well written: if you modify one thing, it breaks quite a few others ... Bitcoin is tightly coupled. What should have been a simple weekend project ended up taking a couple months to get everything working" http://www.augur.net/blog/why-ethereum

It sounds as if they are describing bitcoin as it consists of merely software. It is the protocol which is the important thing, no?

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

Wary

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Quote from: ?? on ??

https://twitter.com/kncminer/status/631806510855667712

All companies in bitcoin ecosystem should do the same!

Bitcoin Group miner (Australia-China-Iceland) is currently hiring in Australia, paying with bitcoins.

Wary

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Quote from: infofront on August 13, 2015, 12:21:35 PM

As has been said before, everything etherium can do, bitcoin can do - and then some.

Theoretically - yes. In practice - no. For example, developers of the Augur project (which is IMO one of candidates to be The Bitcoin Killer Application

) started implementing it in bitcoin. But had to switch to Ether. Sad

Why?

Because "Bitcoin’s codebase isn’t really that well written: if you modify one thing, it breaks quite a few others ... Bitcoin is tightly coupled. What should have been a simple weekend project ended up taking a couple months to get everything working" http://www.augur.net/blog/why-ethereum

ImI

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https://www.reddit.com/r/Bitcoin/comments/3gvw44/gemini_invite_just_arrived/cu225wv

razibuzouzou

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coinorama.net

Quote from: ImI on August 13, 2015, 01:59:28 PM

Gemini starts inviting.

Trading has already started according to their market data API [1].

[1] https://api.gemini.com/v1/trades/BTCUSD

ChartBuddy

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ImI

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Gemini starts inviting.

MilkyLep

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Bitcoin for all & all for Bitcoin

Summer may be over soon but perhaps it'll be another long winter. Nothing is guaranteed.

shmadz

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@theshmadz

Quote from: ?? on ??

Hi, I'm new to all this. Can someone explain why eth price & volume are going up, and btc just sort of sits there doing nothing? This is all just temporary, right?

Sideways All Summer

Chin up, buttercup! Summer's almost over Wink

dreamspark

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Quote from: inca on August 13, 2015, 11:41:22 AM

Quote from: dreamspark on August 13, 2015, 11:07:18 AM

Quote from: inca on August 13, 2015, 08:57:08 AM

One 5k market buy and we nearly hit 300.

I think we slowly lurch upwards.

Drawn out dead cat imo. I don't see us going up without at the very least retesting the local bottom. Order books mean nothing as we well know.

The angle concerning ETH pump contributing to btc sell pressure is certainly plausible as its seen some insane volume for an alt and many early buyers are up 200% minimum.

Only need a few thousand of those to sell for fiat to really get the bear party started.

Dead cat? The only reason the price fell at all was because a single trader dumped 10k on finex.

Tell me more about that proof you had it was one trader that dumped 10k Roll Eyes

.

I used to think you knew a bit about what you were on about but it seems that's not the case.

The price fell because once again we failed to break the second peak after a run up, back test it and you'll see pretty much every occasion we run up we make a high then a lower high then if we fail to break that second high we fall.

I called it back at 280+ and said we were going to 260's, that wasn't a random guess.

275 was major resistance, we broke it and sold off. Simple.

ChartBuddy

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gentlemand

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Welt Am Draht

Quote from: rjclarke2000 on August 13, 2015, 12:42:00 PM

I have bought in on pumped up Alt coins during a Huge Pump in my noob days.

Never again.

C'mon. It's fun. I turned $65 into 11c after one long weekend away from the market.

kenbytes

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Today the global markets are sinking because China is devaluating the Yuan, but bitcoin is very stable. I think this shows how there is very little connection between the bitcoin market and other markets.

rjclarke2000

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