Thread: RIP Bitcoin

Interesting video of digital tokens market share from Jan 2017 till this month.


https://twitter.com/cryptokita/statu...85467608805376

Your tokens as well it seems. Sorry it's a feature to me. Your wallet was emptied at the same instant.

Too late. I just ordered mine at this address via their LamBObit exchange.



and one for the farm.



Benznakarin Auto Group

Motorway Showroom, 2388 Rama 9, Motorway Km.1, Suan Luang '10250 Patumwan - Bangkok
Phone0066 2 379 3467

Originally Posted by Munted

anticipate making the week's rent very soon.

Originally Posted by Munted

Me - I would put 10k on this and sell after 3% ride.

Originally Posted by Munted

Originally Posted by Farangrakthai

Originally Posted by Munted

BTC. Equilibrium wedge.

when btc ecounters a symmetric triangle (upper and lower trend lines meet to make a triangle), it usually breaks down from what i've see this year.

the bulls usually don't have the balls to push it higher and they wait for a strong support line to be formed at a lower level.

so, wouldn't count on that rent money yet, munted.

It might be a good plan to get out around 8.9k and then wait it out until 9k is confirmed as a support.

It is not a matter of if, just when.

Got some bullish engulfing hits today

well, it made it up to 8,700 and then fell 300 points.

still getting those "bullish engulfing hits"?

;-)

BTC 24 hour chart:




BTC 14 day chart:

HSBC Completes First Trade-Finance Deal Using Blockchain, Opening $9 Trillion Market For Mass Adoption

by Tyler Durden Sun, 05/13/2018 - 22:57


"Just a few hours after German online bank Bitbond announced it now allows users to transfer loan anywhere in the world using bitcoin and other cryptos , a move which we said would result in a rapid adoption of blockchain technologies within the bank-disintermediation space, the FT reported that in a somewhat parallel transaction, UK-based banking giant HSBC has completed the world’s first commercially viable trade-finance transaction using blockchain, in the process opening the door to mass adoption of the technology in the $9tn market for trade finance, a process which ironically culminates with traditional banks such as HSBC becoming disintermediated from the fund flows process, i.e., obsolete.

HSBC said the blockchain trade, which processed a letter of credit for US food and agricultural group Cargill, had shown the platform was ready to be commercially adopted across the industry.


In many ways the news will be welcome, especially when it comes to trade finance: traditionally one of the most convoluted and burdensome pillars of modern finance, one which has been deeply in need of disruption.


As a result, the FT notes that the introduction of blockchain "is expected to shake up the centuries-old trade-finance industry, reducing the numerous documents and several days of processing needed for a single transaction to a paperless task that can be completed in hours."

https://www.zerohedge.com/news/2018-...rillion-market

Good news for blockchain adoption, or the end of the world? Indeed as some have suggested, digital tokens on distributed databases, may have released the Draken. Is this the image of the new digital currency:



Are we being asked to accept a potentially hackable database, populated from an undefined keyboard and programmed by invisible AI driven algos? Who is to be held responsible, the culprit, when a mistake is made, who will be fined or jailed?

Will we see a battered and beaten wheelbarrow of electronic hardware, USB sticks containing the defective line of code or a digital image of an AI algo in the dock awaiting the digital Judges verdict? Will the creators of the tokens, the miners, be culpable?

Will it surpass the the trusted, "convoluted and burdensome processes" built up over centuries of trial and error in such an instant of madness?

Who will ensure the ex-bankers can continue to survive, in the lifestyle they are accustomed too? How can society put the ex-bankers highly, honed, vicious skills, to best use?

Financial Armageddon plus angry ex-bankers were contained in a truly dangerous Pandora's box, which is now open.

Well be right back after this station announcement.

No affect on Gold.

yet!!!

What's the time scale/step on your graph? What time/date was the jump?