This LTC pump is fairly insane.

Someone poke bitcoin for us.

Need some heavy buys to weaken the asks on finex before we go higher I suspect. Shorts have been eviscerated over the last few weeks which is always nice.
 

It is kicking off on reddit..

accusations of changing the narrative of what bitcoin is and can become:
https://www.reddit.com/r/Bitcoin/comments/3cdwd5/a_new_flavor_of_troll_in_rbitcoin/

accusations against core devs of failing to respond to the court of public opinion!
https://www.reddit.com/r/Bitcoin/comments/3cfext/bitcoin_under_attack/

More importantly where do we BTFD?

Starting to rebuild long position here and if we dip lower. Gambling is fun!

I'm quietly confident that I earn considerably more than you old chap.

And that's not mentioning the legion of other bitcoin buyers supporting the price..

~22 dollars to 300.

Going to need some big shopping bags to get there!

EDIT: shorts down to 10,000. Bears are burning.

Actually just an uptrend is enough to get people buying

Can you imagine what the price does when the mystical COIN etf is announced? lol

I'm still waiting for tarmi to reveal his winning shorting formula.

I closed my first leveraged long position this morning based upon the growing mountain of asks appearing near 300. Bitcoin marches on regardless!

Now would be a really good time to launch Gemini..

Orderbook on finex looking like 300 is the line in the sand for the bears.

Where does the price correct before continuing the march higher?

He isn't anything more than a mild annoyance anymore, given how ineffectual spamming a forum is when the price is rising.

I just click 'report to moderator' and his posts are gone within 5 minutes.

I think when we pass 300 he'll just get bored like the numerous other college kids playing with their charts and experimenting with leverage before him (NHJT, newbie1022, luckyenough, tarmi, etc..)

The UK is happily in the EU but not in the eurozone, so it is possible, though difficult for greece.

Options as I see it are:

1) soft default: restructuring of loans - write down / partial jubilee or freezing of interest payments - burden taken by ECB and continue using EURO as main currency.
2) outright default: for the long term by far the best solution for greece, though would lead to severe short term turbulence and leave greece cut off from bond markets. Iceland has recovered and was in a similar boat.
3) kick the can further down the road with another x billion 'lent' by eurozone members (probably not tenable given IMF statements this week)

The people voting no means they want the debt restructured. The drawback is that most greeks also want to stay in the EURO

He already has given his speech.

300.

That is the last line in the sand for anyone trying to hold bitcoin down. I expect a big battle there and if the bulls break through 300 then the football held under the water will be released.

The climate has changed. I have been buying every week for six months and the downtrend is definitively broken. The bears lose by the price just staying where it is with the halving drawing closer each month. It is dangerous to say it but we know bitcoin will do it's thing at some point in the next year

Back from a day on the water and the bitcoin price seems to be experiencing a continued upwards price malfunction.


Still another 8000 shorts to shed before we are back to the levels seen in 2013.

Vote no macsga. It's for the best IMO.

Few more stabs higher over the summer and the bears will give up holding the price down..

Thought it wouldn't take long with those orderbook manouvres..

4k wall just appeared at 260 lol..

Let's see if anyone bites