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

[Hunyadi]

We made it guys. It doesn't mean necessarily we're going 100 up tonight (we would go 200$ up in good old Gox days though) but that's it - Bitcoin is going mainstream.

Yes, it is amazing!

[adamstgBit]

We made it guys. It doesn't mean necessarily we're going 100 up tonight (we would go 200$ up in good old Gox days though) but that's it - Bitcoin is going mainstream.

we haven't done shit until we achieve world reserve status.

have a seat it might be a while.

[seleme]

We made it guys. It doesn't mean necessarily we're going 100 up tonight (we would go 200$ up in good old Gox days though) but that's it - Bitcoin is going mainstream.

Right!!!  I would expect a little panic buying over this but oh well.  It is just a matter of time now for sure.

It's priced in since May rally probably but yeah, I'd expect few bucks run too. Anyway, it's happening, sooner or later.

[Richy_T]

I see the trains but I don't *feel* the trains.

[ChancellorOnABrink]

Smart money understands that this will create more sell pressure, hence the price is dropping already. Don't be a maroon and a bag holder, cut your loose.

But how they will get some bitcoin before selling them ?
ahh right, by buying them...

[Bittings]

Smart money understands that this will create more sell pressure, hence the price is dropping already. Don't be a maroon and a bag holder, cut your loose.

[findftp]

We made it guys. It doesn't mean necessarily we're going 100 up tonight (we would go 200$ up in good old Gox days though) but that's it - Bitcoin is going mainstream.

we haven't done shit until we achieve world reserve status.

have a seat it might be a while.

Damn it, do I really have to wait 2 more years?

[wachtwoord]

We made it guys. It doesn't mean necessarily we're going 100 up tonight (we would go 200$ up in good old Gox days though) but that's it - Bitcoin is going mainstream.

we haven't done shit until we achieve world reserve status.

have a seat it might be a while.

Can anyone provide details though? Is PayPal just proxying for Coinbase? The only thing that's exciting then is Paypal connecting it's name to Bitcoin.

[bitcoinvest]

We made it guys. It doesn't mean necessarily we're going 100 up tonight (we would go 200$ up in good old Gox days though) but that's it - Bitcoin is going mainstream.

Right!!!  I would expect a little panic buying over this but oh well.  It is just a matter of time now for sure.

like you said :   It is just a matter of time now for sure.

[Schickeria]

Looking interesting, nice momentum...but until now nothing had really happened. 480 - 500 is the first interesting resistance zone, all below is cheerleading a potential bull trap just for fun.

[esse83]

Great news everybody! Braintree will allow paypal merchants to accept fiat via coinbase who takes bitcoin! Awesome =) That worked out so well for the price with the other merchants. But this is much bigger so whatever we have seen happening to the price so far should accelerate and completely wipe out all bids. Congratulations! Bitcoin made it.

[ChancellorOnABrink]

We made it guys. It doesn't mean necessarily we're going 100 up tonight (we would go 200$ up in good old Gox days though) but that's it - Bitcoin is going mainstream.

we haven't done shit until we achieve world reserve status.

have a seat it might be a while.

Can anyone provide details though? Is PayPal just proxying for Coinbase? The only thing that's exciting then is Paypal connecting it's name to Bitcoin.

An the truckload of mainstream media talking about this tomorrow !! Silkroad v2.0

[dyland]

Smart money understands that this will create more sell pressure, hence the price is dropping already. Don't be a maroon and a bag holder, cut your loose.

hmm that's actually a good point.

[spooderman]

^ no it's not "bitcoin adoption causes price to crash" is FALSE.

Also...

https://www.youtube.com/watch?v=pF7HxLCFMeY&feature=youtu.be&t=8s

Anyone else creeped out by this?

[adamstgBit]

^ no it's not "bitcoin adoption causes price to crash" is FALSE.

Also...

https://www.youtube.com/watch?v=pF7HxLCFMeY&feature=youtu.be&t=8s

Anyone else creeped out by this?

yes, more or else everyone was like WWWAAAAAAAHHTTTT

[fonsie]

Smart money understands that this will create more sell pressure, hence the price is dropping already. Don't be a maroon and a bag holder, cut your loose.

Don't be a racist by telling people they are a maroon, please learn the meaning of the English language. You are looking like a moron.

[abercrombie]

Pardon me ladies and gentlemen is this link: http://www.coindesk.com/paypal-video-sparks-rumors-potential-bitcoin-plans/ indicates that we go

CCMF!!!!!!!1 ??

Looks like Paypal doesn't want to let this market to slip away while Coinbase & Bitpay collect all the merchants.

[grappa_barricata]

Great news everybody! Braintree will allow paypal merchants to accept fiat via coinbase who takes bitcoin! Awesome =) That worked out so well for the price with the other merchants. But this is much bigger so whatever we have seen happening to the price so far should accelerate and completely wipe out all bids. Congratulations! Bitcoin made it.

No, they are adding support for a new currency. The conversion from one currency to the other, when involve BTC, will go through coinbase. That's all.

[Sandia]

Things I learned in the last 5 minutes: wide adoption is bad for bitcoin.

I think a few people need time to close their shorts.

[seleme]

Price effect of this implementation depends weather Paypal will allow users to buy Bitcoin through it's platform.

If they do that, than it's nothing but moon with 150 million Paypal users.

If they don't allow it immediately, then there is going to be selling pressure, yes.

But whatever the effect is on the price short term, Paypal implementing Bitcoin means mainstream time baby, and that's nothing but bullish long term.