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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32806. (Read 26623200 times)

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1834
Merit: 1019
I think instead of providing the source now, he wants to preserve his first-mover advantage, understandably. For the funding, I think it's the things after he creates his mastercoin layer that would give mastercoin utility and worth, which he needs funding for.

This is all speculation, as I don't understand the mechanisms yet, I'm asking for clarification on the issues I don't understand
legendary
Activity: 1428
Merit: 1000
A new protocol is being built on top of bitcoin, not sure what the end result will be, but it sounds F-ing crazy, BUY BUY BUY!

this is either extremely crazy good stuff or a very well-executed scam.

This is the first development after bitcoin that has really caught my attention. While I don't fully understand its mechanics yet, I do understand its role. Need more time

1 BTC says its an epic fail. I only skimmed the white paper, but the paper plus the content of dacoinminster posts imply to me this is not an idea ready for release...

Agreed, he says he is a software developer so why is he marketing his idea like a salesman, asking for funding instead of actually writing the code!
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1834
Merit: 1019
A new protocol is being built on top of bitcoin, not sure what the end result will be, but it sounds F-ing crazy, BUY BUY BUY!

this is either extremely crazy good stuff or a very well-executed scam.

This is the first development after bitcoin that has really caught my attention. While I don't fully understand its mechanics yet, I do understand its role. Need more time
hero member
Activity: 669
Merit: 500
A new protocol is being built on top of bitcoin, not sure what the end result will be, but it sounds F-ing crazy, BUY BUY BUY!

this is either extremely crazy good stuff or a very well-executed scam.

Mastercoin, in my opinion is the next logical step of building an asset ledger on top of bitcoin's blockchain (without determent to bitcoin). This solution may not be the holy grail but will certainly advance the development of new, secure, property ownership and transfers. I think of it as ripple++ on top of bitcoin with endless possibilities.

disclaimer:
I have no relationship with J.R. and have no knowledge of his trust worthiness. After reading the white paper and re watching his seminar at Bitcoin 2013 I have invested a very small amount which may or may not be proceeds from the "ripple giveaway".
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 238
Merit: 100
A new protocol is being built on top of bitcoin, not sure what the end result will be, but it sounds F-ing crazy, BUY BUY BUY!

this is either extremely crazy good stuff or a very well-executed scam.

There's a thin line between, time will tell for sure.
donator
Activity: 2772
Merit: 1019
A new protocol is being built on top of bitcoin, not sure what the end result will be, but it sounds F-ing crazy, BUY BUY BUY!

this is either extremely crazy good stuff or a very well-executed scam.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 560
Merit: 500
Virwox also does a neat trick where when you purchase using paypal they use a different name each time.

This is what Full Tilt Poker was doing with credit cards before they were seized by U.S. Gov.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 896
Merit: 1000
Asks up about 25% from the low, but still at a pretty weak 90k.

Bids only down about 7% from the high. Still room to go up?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 714
Merit: 502

[/quote]


The volume has fallen at each buying period.
[/quote]

This could be a reflection of MTgox users cashing USD by purchasing Bitcoins on gox to sell at other exchanges. I think this will carry on for another couple of weeks pushing prices artificially higher, therefore maybe until Gox sort there problems out it's better to look at human behavior than lines on charts.
legendary
Activity: 1834
Merit: 1019
full member
Activity: 168
Merit: 100
That's what I'm seeing anyway.

The volume trend line isn't nearly as linear as that. Head and shoulders may confirm but I think we bounce at 103-104.  Smiley

Sure, it was only supposed to be indicative.

The volume has fallen at each buying period. The below shows it more clearly:



Anyway, it will be interesting to see how it pans out.
hero member
Activity: 686
Merit: 500
That's what I'm seeing anyway.

The volume trend line isn't nearly as linear as that. Head and shoulders may confirm but I think we bounce at 103-104.  Smiley
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