Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24069.

Wandererfromthenorth

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Quote from: empowering on December 10, 2014, 09:24:01 AM

Quote from: ?? on ??

Quote from: 8up on December 10, 2014, 09:09:09 AM

I think Ripple (tech) has some real world use. For example a more efficient SWIFT.

ripples (coin) have merely speculative value, as the owners hold a large proportion and also it is US based - so no BRICS country would assist in installing a new Dollar equivalent. bitcoin is neutral and therfore "will" be the corresponding reserve curreny.

BTW: Can anyone explain, why Coinmarketcap states ripples supply at 30 billions instead of 99 billions?

XRP the currency protects the network and acts as a bridge currency.
https://ripple.com/ripple_primer.pdf

It shows 30 billions because that's the supply currently in circulation. The rest is held by Ripple Labs and is being distributed over time (controlled inflation).

It's the equivalent of showing the supply of BTC at 13 Mbillions instead of the total 21 Mbillion that will ever be created.

Last OFF-Topic and then we are done Grin

That would be with an "M" for million and not a "B" for bollocks.

You are absolutely right Grin

I am still a little bit asleep lol

empowering

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Activity: 1078

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Quote from: ?? on ??

Quote from: 8up on December 10, 2014, 09:09:09 AM

I think Ripple (tech) has some real world use. For example a more efficient SWIFT.

ripples (coin) have merely speculative value, as the owners hold a large proportion and also it is US based - so no BRICS country would assist in installing a new Dollar equivalent. bitcoin is neutral and therfore "will" be the corresponding reserve curreny.

BTW: Can anyone explain, why Coinmarketcap states ripples supply at 30 billions instead of 99 billions?

XRP the currency protects the network and acts as a bridge currency.
https://ripple.com/ripple_primer.pdf

It shows 30 billions because that's the supply currently in circulation. The rest is held by Ripple Labs and is being distributed over time (controlled inflation).

It's the equivalent of showing the supply of BTC at 13 Mbillions instead of the total 21 Mbillion that will ever be created.

Last OFF-Topic and then we are done Grin

That would be with an "M" for million and not a "B" for bollocks.

8up

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Activity: 618

Merit: 500

Quote from: jonoiv on December 10, 2014, 09:15:55 AM

Quote from: prophetx on December 10, 2014, 09:05:08 AM

Quote from: jonoiv on December 10, 2014, 09:00:26 AM

Quote from: Wandererfromthenorth on December 10, 2014, 08:56:13 AM

Agree 100% Wink

A link for you and prophetx.

lol thanks

You're welcome

8up, the link is for you too Wink

I already found myself reading... Wink

jonoiv

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🐺Dogs for President🐺

Quote from: prophetx on December 10, 2014, 09:05:08 AM

Quote from: jonoiv on December 10, 2014, 09:00:26 AM

Quote from: Wandererfromthenorth on December 10, 2014, 08:56:13 AM

Agree 100% Wink

A link for you and prophetx.

lol thanks

You're welcome

8up, the link is for you too Wink

8up

hero member

Activity: 618

Merit: 500

I think Ripple (tech) has some real world use. For example a more efficient SWIFT.

ripples (coin) have merely speculative value, as the owners hold a large proportion and also it is US based - so no BRICS country would assist in installing a new Dollar equivalent. bitcoin is neutral and therfore "will" be the corresponding reserve curreny.

BTW: Can anyone explain, why Coinmarketcap states ripples supply at 30 billions instead of 99 billions?

prophetx

legendary

Activity: 1666

Merit: 1010

he who has the gold makes the rules

Quote from: jonoiv on December 10, 2014, 09:00:26 AM

Quote from: Wandererfromthenorth on December 10, 2014, 08:56:13 AM

Agree 100% Wink

A link for you and prophetx.

lol thanks

ChartBuddy

legendary

Activity: 2380

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

jonoiv

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🐺Dogs for President🐺

Quote from: Wandererfromthenorth on December 10, 2014, 08:56:13 AM

Agree 100% Wink

A link for you and prophetx.

prophetx

legendary

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he who has the gold makes the rules

Quote from: NotLambchop on December 10, 2014, 08:49:20 AM

Quote from: hdbuck on December 10, 2014, 08:46:58 AM

...

Good thing he wasn't on the Titanic, he would have stayed behind to pocket the silverware...

rofl

good one...

Wandererfromthenorth

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Merit: 500

Quote from: prophetx on December 10, 2014, 08:50:36 AM

Quote from: ?? on ??

yes XRP is actually a better solution to the problem of money transfer and interconnecting legacy systems banks than bitcoin is in its' current state.

i'm not a ripple fanboy, just a realist.

part of being a technologist is to solve practical problems with practical solutions. the bitcoin developers have know for a while now that there are issues with bitcoin's scalability - primarily ability to scale in the time and # of transactions dimensions.

the answers that some propose like those tree chains, side chains, etc while they may indeed sound good on paper are unavailable and untested in the real world, whereas Ripple has been tested for 2 years now in the real world. also conceptually they look like hacks to the system that try to patch the ugly truth that the bitcoin system is too rigid to adjust to the needs of the real world.

Agree 100% Wink

prophetx

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Activity: 1666

Merit: 1010

he who has the gold makes the rules

Quote from: ?? on ??

yes XRP is actually a better solution to the problem of money transfer and interconnecting legacy systems banks than bitcoin is in its' current state.

i'm not a ripple fanboy, just a realist.

part of being a technologist is to solve practical problems with practical solutions. the bitcoin developers have know for a while now that there are issues with bitcoin's scalability - primarily ability to scale in the time and # of transactions dimensions.

the answers that some propose like those tree chains, side chains, etc while they may indeed sound good on paper are unavailable and untested in the real world, whereas Ripple has been tested for 2 years now in the real world. also conceptually they look like hacks to the system that try to patch the ugly truth that the bitcoin system is too rigid to adjust to the needs of the real world.

NotLambchop

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Quote from: hdbuck on December 10, 2014, 08:46:58 AM

...

Good thing he wasn't on the Titanic, he would have stayed behind to pocket the silverware...

hdbuck

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Quote from: Wandererfromthenorth on December 10, 2014, 08:40:18 AM

Regarding BTC:

We broke the big wedge to the downside. Breaks of such proportions takes us to major moves in the direction of the breakout/breakdown. Since market decided down, down it is for now. Ignore the bulltraps. That is all.

Probably a test of the $275 bottom is to be expected in the next weeks IMHO...

Elwar

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Viva Ut Vivas

Quote from: prophetx on December 10, 2014, 08:41:04 AM

so what we do on this thread is discuss BTC price movement all day long

This.

Price on Bitstamp is down $1.

jonoiv

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Quote from: serpicodk on December 10, 2014, 08:29:31 AM

Quote from: podyx on November 10, 2014, 08:04:54 AM

Quote from: Torque on November 10, 2014, 08:00:44 AM

Quote from: podyx on November 10, 2014, 07:57:46 AM

Damn it, should of leveraged at $358...

I wanted to wait for 353...
Hopefully we'll see sub 360 one more time

If we don't break 375 and the dumping starts, you definitely will see 340 again by mid to end of the week.

Not so sure about 340 though, my opinion is we won't ever see sub $340 again but we'll see

Soon... you will understand how stupid you sounded.

I don't think so..

Personally I wouldn't risk a leverage, esp. not 20x, but the signs are here that we are in a bull market. Granted it an unsure / paranoid bull market at the moment, but that will change when we see another strong up-trend.

It took 6 days to reach $450 / $470 from $350, And it took 9 days to come back down, followed by another 20 days to settle at $350. Just buy and hodl.

prophetx

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he who has the gold makes the rules

Quote from: Istanbul34 on December 10, 2014, 07:13:28 AM

Just passed some information and someone reacted with FUD like always.

But you are right. Please discuss the price of Bitcoin. That's really important right now Wink

My point was that there are projects that doesn't think about the price of the coin/asset all day long but want to create a better world.
Maybe the Bitcoin devs can be inspired by those projects.

I don't care if people here like NXT or not. Just do know that there are people out there working on many projects that will decentralize the world bit by bit thanks to NXT Wink

I don't want to interrupt. I'm out.

if i wanted to react with FUD, I would have said things like:

1. why did the dev implement wallets that allowed many of the people's NXT to get stolen in the first month via a brut force attack
2. why did the dev close the crowd sale early and take money from someone who then pumped NXT for the benefit of himself and a very small group

and the list goes on... sounds like a better world for sure... for a few manipulators... just for the record i actually liked NXT as a concept before the crowd sales but the actions afterwards and association with scammers is what brings it down. just like association with drug market places makes btc unpalatable for much of the population.

btw not sure if you read the title of this thread but it is actually about BTC price movement tracking and discussion Shocked

so what we do on this thread is discuss BTC price movement all day long

Wandererfromthenorth

hero member

Activity: 742

Merit: 500

Regarding BTC:

We broke the big wedge to the downside. Breaks of such proportions takes us to major moves in the direction of the breakout/breakdown. Since market decided down, down it is for now. Ignore the bulltraps. That is all.

Probably a test of the $275 bottom is to be expected in the next weeks IMHO...

Phillis

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Activity: 404

Merit: 500

not sure where we are headed, but drop loss is quite valuable here

serpicodk

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Merit: 10

Quote from: podyx on November 10, 2014, 08:04:54 AM

Quote from: Torque on November 10, 2014, 08:00:44 AM

Quote from: podyx on November 10, 2014, 07:57:46 AM

Damn it, should of leveraged at $358...

I wanted to wait for 353...
Hopefully we'll see sub 360 one more time

If we don't break 375 and the dumping starts, you definitely will see 340 again by mid to end of the week.

Not so sure about 340 though, my opinion is we won't ever see sub $340 again but we'll see

Soon... you will understand how stupid you sounded.

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: jonoiv on December 10, 2014, 08:22:19 AM

... the only problem would be lambchop's posts, a human has trouble understanding what the hell he is talking about, a php script would be dumbfounded! I can see my server turning all skynet on me.
...

Solution: No need to parse my posts, simply evaluate each instance as "TO DA MOON." They always are you kno...

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