Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31203.

w00dy

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Quote from: Vycid on December 10, 2013, 02:27:49 AM

Quote from: greenlion on December 10, 2013, 02:20:27 AM

Looking at the patent paperwork, is it possible there is something in here that JP Morgan Chase is expecting to be able to go after Bitcoin with on software patent grounds, particularly pertaining to future development?

http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=1&f=G&l=50&co1=AND&d=PG01&s1=20130317984&OS=20130317984&RS=20130317984

Who are they going to sue?

lol... this +1

Taxidermista

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Quote from: OldGeek on December 10, 2013, 01:59:22 AM

If any biggie were to make a coin to compete with XBT, I think it would be Google. That outfit has the tech inhouse and has servers everywhere. What's to stop them?

Satoshi is not Google?

Vycid

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♫ the AM bear who cares ♫

Quote from: greenlion on December 10, 2013, 02:20:27 AM

Looking at the patent paperwork, is it possible there is something in here that JP Morgan Chase is expecting to be able to go after Bitcoin with on software patent grounds, particularly pertaining to future development?

http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=1&f=G&l=50&co1=AND&d=PG01&s1=20130317984&OS=20130317984&RS=20130317984

Who are they going to sue?

greenlion

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Looking at the patent paperwork, is it possible there is something in here that JP Morgan Chase is expecting to be able to go after Bitcoin with on software patent grounds, particularly pertaining to future development?

http://appft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=1&f=G&l=50&co1=AND&d=PG01&s1=20130317984&OS=20130317984&RS=20130317984

spooderman

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cmon bitcoin. do something.

greenlion

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I think Chase is trying to get in very fast, because the only differentiator working in their favor is that they basically can write whatever regulations they want and it gets rubber stamped, and the value of that situation decays dramatically over time as Bitcoin achieves adoption.

alexeft

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Quote from: tHash on December 10, 2013, 02:00:19 AM

Quote from: windjc on December 10, 2013, 01:52:41 AM

Quote from: bitcodo on December 10, 2013, 01:49:27 AM

Quote from: alexeft on December 10, 2013, 01:24:00 AM

Quote from: bitcodo on December 10, 2013, 01:13:58 AM

We have Ripple. Most here don't like it.

Than this MorganCoin JPMorgan Chase Building Bitcoin-Killer.

But I'm waiting for true coin. The KeiserCoin.

Sooooooooooo, if this shitcoin doesn't have fess, all is hunky dory!!!! And, of course, Chase gets to "print" as much of it as it likes!!! Cheesy

Gimme bitcoin man, anytime!!!

The problem I see is, that big players will not invest in bitcoin. They will just rob it, rape it, colonized it, patent it,...

Here's the interesting thing.

One, a bank like Chase could make a coin more accessible to people than Bitcoin.

However, if Chase makes a bitcoin clone, then that automatically legitimizes Bitcoin. No one can say Bitcoin has no value or utility.

So its a positive and negative. Bitcoin would lose market share because many people dont care about autonomy, and actually feel safer using a traditional corporation. However, Bitcoin would be recognized as a viable alternative.

Bitcoin has value because it is open source, decentralized, and deflationary. There is no chance whatever crap Chase comes up with will match that. Also, bitcoin is worldwide. The Chinese or Israelis or Indians, or Argentinians, etc., have no interest in anything Chase does. I can't see what Chase can bring to the table that Paypal doesn't anyway. This is nothing . . .

Exactly!!!

tHash

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Quote from: windjc on December 10, 2013, 01:52:41 AM

Quote from: bitcodo on December 10, 2013, 01:49:27 AM

Quote from: alexeft on December 10, 2013, 01:24:00 AM

Quote from: bitcodo on December 10, 2013, 01:13:58 AM

We have Ripple. Most here don't like it.

Than this MorganCoin JPMorgan Chase Building Bitcoin-Killer.

But I'm waiting for true coin. The KeiserCoin.

Sooooooooooo, if this shitcoin doesn't have fess, all is hunky dory!!!! And, of course, Chase gets to "print" as much of it as it likes!!! Cheesy

Gimme bitcoin man, anytime!!!

The problem I see is, that big players will not invest in bitcoin. They will just rob it, rape it, colonized it, patent it,...

Here's the interesting thing.

One, a bank like Chase could make a coin more accessible to people than Bitcoin.

However, if Chase makes a bitcoin clone, then that automatically legitimizes Bitcoin. No one can say Bitcoin has no value or utility.

So its a positive and negative. Bitcoin would lose market share because many people dont care about autonomy, and actually feel safer using a traditional corporation. However, Bitcoin would be recognized as a viable alternative.

Bitcoin has value because it is open source, decentralized, and deflationary. There is no chance whatever crap Chase comes up with will match that. Also, bitcoin is worldwide. The Chinese or Israelis or Indians, or Argentinians, etc., have no interest in anything Chase does. I can't see what Chase can bring to the table that Paypal doesn't anyway. This is nothing . . .

OldGeek

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Blitz:The price affects the perception of the news

If any biggie were to make a coin to compete with XBT, I think it would be Google. That outfit has the tech inhouse and has servers everywhere. What's to stop them?

traderCJ

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Quote from: bitcodo on December 10, 2013, 01:49:27 AM

Quote from: alexeft on December 10, 2013, 01:24:00 AM

Quote from: bitcodo on December 10, 2013, 01:13:58 AM

We have Ripple. Most here don't like it.

Than this MorganCoin JPMorgan Chase Building Bitcoin-Killer.

But I'm waiting for true coin. The KeiserCoin.

Sooooooooooo, if this shitcoin doesn't have fess, all is hunky dory!!!! And, of course, Chase gets to "print" as much of it as it likes!!! Cheesy

Gimme bitcoin man, anytime!!!

The problem I see is, that big players will not invest in bitcoin. They will just rob it, rape it, colonized it, patent it,...

I think big players will and are investing in it. However, I do agree that other investors are likely to try crushing what they cannot control. I can't imagine the banking system is terribly thrilled with bitcoin. Technology like this could easily replace most of the banking system in a few years, if left unchecked. The real question is: how can their efforts to destroy crypto currency be mitigated? One thing to consider .. as adoption becomes more widespread, the USD to BTC exchange rate will become increasingly meaningless.

alexeft

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Quote from: bitcodo on December 10, 2013, 01:49:27 AM

Quote from: alexeft on December 10, 2013, 01:24:00 AM

Quote from: bitcodo on December 10, 2013, 01:13:58 AM

We have Ripple. Most here don't like it.

Than this MorganCoin JPMorgan Chase Building Bitcoin-Killer.

But I'm waiting for true coin. The KeiserCoin.

Sooooooooooo, if this shitcoin doesn't have fess, all is hunky dory!!!! And, of course, Chase gets to "print" as much of it as it likes!!! Cheesy

Gimme bitcoin man, anytime!!!

The problem I see is, that big players will not invest in bitcoin. They will just rob it, rape it, colonized it, patent it,...

They can't patent anything bitcoin! Just like they can't patent anything linux.

And I think they will invest just because it's deflationary. Don't you think that banks are victims of themselves with fractional reserve banking?
Don't you think they know that? I do!

windjc

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Quote from: bitcodo on December 10, 2013, 01:49:27 AM

Quote from: alexeft on December 10, 2013, 01:24:00 AM

Quote from: bitcodo on December 10, 2013, 01:13:58 AM

We have Ripple. Most here don't like it.

Than this MorganCoin JPMorgan Chase Building Bitcoin-Killer.

But I'm waiting for true coin. The KeiserCoin.

Sooooooooooo, if this shitcoin doesn't have fess, all is hunky dory!!!! And, of course, Chase gets to "print" as much of it as it likes!!! Cheesy

Gimme bitcoin man, anytime!!!

The problem I see is, that big players will not invest in bitcoin. They will just rob it, rape it, colonized it, patent it,...

Here's the interesting thing.

One, a bank like Chase could make a coin more accessible to people than Bitcoin.

However, if Chase makes a bitcoin clone, then that automatically legitimizes Bitcoin. No one can say Bitcoin has no value or utility.

So its a positive and negative. Bitcoin would lose market share because many people dont care about autonomy, and actually feel safer using a traditional corporation. However, Bitcoin would be recognized as a viable alternative.

bitcodo

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Activity: 509

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Can't upload avatar

Quote from: alexeft on December 10, 2013, 01:24:00 AM

Quote from: bitcodo on December 10, 2013, 01:13:58 AM

We have Ripple. Most here don't like it.

Than this MorganCoin JPMorgan Chase Building Bitcoin-Killer.

But I'm waiting for true coin. The KeiserCoin.

Sooooooooooo, if this shitcoin doesn't have fess, all is hunky dory!!!! And, of course, Chase gets to "print" as much of it as it likes!!! Cheesy

Gimme bitcoin man, anytime!!!

The problem I see is, that big players will not invest in bitcoin. They will just rob it, rape it, colonized it, patent it,...

JorgeStolfi

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Quote from: beaconpcguru on December 10, 2013, 01:35:17 AM

It goes back by ratio... say 100$ one way and 100 the other

Thanks!

beaconpcguru

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Hello

Quote from: JorgeStolfi on December 10, 2013, 01:21:15 AM

Quote from: ChartBuddy on December 10, 2013, 01:01:53 AM

In these charts, are the outer edges real, or just plotting artifacts?

I mean, does the leftmost edge of the green plots indicate the lowest extant bids in that exchange, or just the lowest bids that were considered by the plotter?

Ditto for the right edge of the red (ask) plots.

It goes back by ratio... say 100$ one way and 100 the other the valley is where trades have been executed in order from most recent in the front to older in the rear.. each line dictates another trade in that timescale..

iarsenaux

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Quote from: ?? on ??

Quote from: iarsenaux on December 10, 2013, 01:18:27 AM

Any tips on how to earn btc by trading on bitstamp? Earning 0.02 btc per day is enough to feed my family here in Philippines everyday.

Buy low. Sell high. Don't get greedy.

Keep in mind that the time honored way to make a small fortune has been to start with a large one. So think twice before risking your capital.

ok thanks. Will do that.

alexeft

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Quote from: bitcodo on December 10, 2013, 01:13:58 AM

We have Ripple. Most here don't like it.

Than this MorganCoin JPMorgan Chase Building Bitcoin-Killer.

But I'm waiting for true coin. The KeiserCoin.

Sooooooooooo, if this shitcoin doesn't have fess, all is hunky dory!!!! And, of course, Chase gets to "print" as much of it as it likes!!! Cheesy

Gimme bitcoin man, anytime!!!

JorgeStolfi

hero member

Activity: 910

Merit: 1003

Quote from: ChartBuddy on December 10, 2013, 01:01:53 AM

In these charts, are the outer edges real, or just plotting artifacts?

I mean, does the leftmost edge of the green plots indicate the lowest extant bids in that exchange, or just the lowest bids that were considered by the plotter?

Ditto for the right edge of the red (ask) plots.

iarsenaux

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Activity: 350

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Any tips on how to earn btc by trading on bitstamp? Earning 0.02 btc per day is enough to feed my family here in Philippines everyday.

bitcodo

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Activity: 509

Merit: 500

Can't upload avatar

We have Ripple. Most here don't like it.

Than this MorganCoin JPMorgan Chase Building Bitcoin-Killer.

But I'm waiting for true coin. The KeiserCoin.

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