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

[Richy_T]

I don't think you are honest about your basic motives regarding bitcoin. I'm a 44 year old nuclear physics-guy.

Is there some sort of causality I'm missing here?

Jorge has successfully identified enough BTC scams over the years to warrant respect. Sadly, there will continue to be scammers as long as BTC attracts happy-clappy noob idiots who think they are financial geniuses.

The (not recent) rapid rise of the Bitcoin price attracted the greedy. The greedy tend to be the easiest to scam which attracted the scammers.

[1714756598]

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[1714756598]

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[centauribit]

The main driver for bitcoin prices seem to be Greek buyers.  Joshua Scigala, co-founder of Vaultoro.com, told Reuters this week that his company has seen a 124 per cent pick up in web hits from Greek IP addresses.
http://business.financialpost.com/investing/bitcoin-is-the-real-winner-in-greece-crisis

[Omikifuse]

The main driver for bitcoin prices seem to be Greek buyers.  Joshua Scigala, co-founder of Vaultoro.com, told Reuters this week that his company has seen a 124 per cent pick up in web hits from Greek IP addresses.
http://business.financialpost.com/investing/bitcoin-is-the-real-winner-in-greece-crisis

Do you think that Greece will create the next BTC spike?

I only hope they are not totally broken after all the government mess with the money

[gentlemand]

The main driver for bitcoin prices seem to be Greek buyers.  Joshua Scigala, co-founder of Vaultoro.com, told Reuters this week that his company has seen a 124 per cent pick up in web hits from Greek IP addresses.
http://business.financialpost.com/investing/bitcoin-is-the-real-winner-in-greece-crisis

All figures point to Greece being nowhere in BTC terms. Check it out on localbitcoins. The listings are pitifully thin compared to other countries. That 124 % increase might amount to the same number of people you could fit on the top floor of a bus.

[BlindMayorBitcorn]

The main driver for bitcoin prices seem to be Greek buyers.  Joshua Scigala, co-founder of Vaultoro.com, told Reuters this week that his company has seen a 124 per cent pick up in web hits from Greek IP addresses.
http://business.financialpost.com/investing/bitcoin-is-the-real-winner-in-greece-crisis

All figures point to Greece being nowhere in BTC terms. Check it out on localbitcoins. The listings are pitifully thin compared to other countries. That 124 % increase might amount to the same number of people you could fit on the top floor of a bus.

Opa!

[ImI]

greeks have no idea of bitcoin imo.

no idea and no means to buy bitcoins.

[BlackSpidy]

Guys, let's say it how it is. Nobody is lining up to buy bitcoin... because with bitcoin there is no need to. It's so much more convenient than cash.

[Fakhoury]

greeks have no idea of bitcoin imo.

no idea and no means to buy bitcoins.

Greeks may have no idea about bitcoin but I would say the majority.

But, there is idea and mean to buy bitcoin, when you are in a situation where your goverment will hold everything you own and/or you can't access all your cash in your bank because your country's economy is going with the wind bye-bye, you will know the real means of bitcoin.

[AlexGR]

greeks have no idea of bitcoin imo.

no idea and no means to buy bitcoins.

Greeks MIGHT be interested in bitcoin if capital controls force them to use BTC to circumvent these. So far, no capital controls.

[ChartBuddy]

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[Norway]

I still don't trust your motives, I still think you lie about what makes you scan the Internet harder than google, looking for the word "bitcoin" and a negative slant, lol.

I think Jorge wants to not believe in Bitcoin but subconsciously recognizes that it is likely one of the most important events of the 2010s and probably 2020s also. Some people just can't help being in the right place at the right time despite their greatest efforts

Ha ha, maybe that could be the truth! I still think the weired bowtie professor has a hidden agenda. He is just tired and becomming human. He has been living too long in this cool environment. His boss should not be happy about it. But he doesn't know. Not paying attention. Just receiving records from Jorge, paying for quantity. And the longer we can keep Jorge in this forum, the more he is developing the Stockholm syndrome. We steal him from his employers. We are his new family. Let's take care of the poor hooker.

[Fakhoury]

I still don't trust your motives, I still think you lie about what makes you scan the Internet harder than google, looking for the word "bitcoin" and a negative slant, lol.

I think Jorge wants to not believe in Bitcoin but subconsciously recognizes that it is likely one of the most important events of the 2010s and probably 2020s also. Some people just can't help being in the right place at the right time despite their greatest efforts

Ha ha, maybe that could be the truth! I still think the weired bowtie professor has a hidden agenda. He is just tired and becomming human. He has been living too long in this cool environment. His boss should not be happy about it. But he doesn't know. Not paying attention. Just receiving records from Jorge, paying for quantity. And the longer we can keep Jorge in this forum, the more he is developing the Stockholm syndrome. We steal him from his employers. We are his new family. Let's take care of the poor hooker.

lol, 2 in a row man.

I like your style of hunting, it's sassy classy and little a bit assy

[shmadz]

I don't think you are honest about your basic motives regarding bitcoin. I'm a 44 year old nuclear physics-guy.

Is there some sort of causality I'm missing here?

Jorge has successfully identified enough BTC scams over the years to warrant respect. Sadly, there will continue to be scammers as long as BTC attracts happy-clappy noob idiots who think they are financial geniuses.

I disagree with Jorge on most things wrt bitcoin, but he has more sensible stuff to say than the average poster.  I am glad he is on the forum, despite his pessimistics BTC view.

Same here. Its healthy to have people with opposing ideas, for that is what can help grow. Now if Jorge were to start posting my little ponies BS...well he would lose credibility with me then.

Jorge has always provided a different perspective without trolling. I think most people appreciate his commentary even if they disagree with the content. I still don't believe that he is a bystander only and doesn't own any coins like his signature proclaims.  

Oh come on now, the professor is only human after all. To insinuate that he does not partake of the guilty pleasure of trolling is simply untrue.

Case in point. http://www.ic.unicamp.br/~stolfi/temp/2014-08-03-bitcoin-alley-color-x640.png

[Fatman3001]

Below $250

It was fun while it lasted

[BlackSpidy]

Oh come on now, the professor is only human after all. To insinuate that he does not partake of the guilty pleasure of trolling is simply untrue.

Case in point. http://www.ic.unicamp.br/~stolfi/temp/2014-08-03-bitcoin-alley-color-x640.png

I love that comic. I love it so much. Because it works so well in a different context. Can you guess the context of the following image? (hint: 2008)

[Norway]

@Fatman, so good to see that you don't have a life! We all like another hand in the jerk circle!

But seriously: I have this crazy idea. It's all about people being in control of their own identity. It can be done. I know how.

It's not like: Just put it on the blockchain. People say this too easy. "Put your appartment ownership on the blockchain. Put your identity on the blockchain". It's not that easy.
Yes, I'm drunk now.

That's why I reveal ideas that have been cooking in my head for months.
The ideas started 3 different places.(Yes!)

First time: I was watching an Al Jazeera report more than a year ago. It was about egyptians without formal papers. They had a big fucking problem getting work because they didn't have the papers proving that they had an identity.
That makes me drift back in time. (40+ men can do that without being called crazy, right?) I worked in a newspaper. My job was to make a headline for a story. It was about some people from Balkan/Yougoslav war wanting to enter Norway. Their legal status was complicated, and not in their favor. I made the headline (my best translation now): Residing illegal in the world (I'm not going to make a better headline ever.)

Second time: I wanted to do the opposite of anonymous bitcoin addresses (voluntarily, off course). I figured out how the old snail mail system can be used to confirm ID better than Facebook. Just send letters with codes, just like banks do. We must learn (and steal ideas) from banks. I also envisioned further applications of this idea.

Third time: This time, I worked on the problem of bitcoin-owning people getting robbed and threatened. I thought it could be solved by timelocks and maybe multisig. I even discussed the issue with Andreas Antonopolous.

But when I stripped the problem down, it actually boiled down to an entity confirming that you are alive (and ID).

Rambling away, I just want you guys to know that people get inspired by BTC.

If you share my vision (to let people control their identity, make their own passport), PM me!

[ChartBuddy]

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[Fatman3001]

Yes, I'm drunk now.

I would never have guessed.

[Fatman3001]

Below $250

It was fun while it lasted

Touché

[Brewins]

According to bitcoin average we still are above 250

It is not over yet, people