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

[samson]

Can you imagine we'll never visit this price level again? Possibly not. At least I can't. Nevertheless, it might be time to say goodbye.

Many people have said similar things at every level for years and pretty much every one of them have been wrong.

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[ChartBuddy]

Coin
Explanation

[gentlemand]

Many people have said similar things at every level for years and pretty much every one of them have been wrong.

It's a fine tradition. Why stop now? People seem to enjoy it.

[LFC_Bitcoin]

Looks like we're definitely leaving the bear market behind us now. Haters, trolls & bears -

[8up]

Can you imagine we'll never visit this price level again? Possibly not. At least I can't. Nevertheless, it might be time to say goodbye.

Many people have said similar things at every level for years and pretty much every one of them have been wrong.

You can cite me on that one. It's an honor! 

[empowering]

Lambie stick to the trolling and gay porn.... you light weight.

[macsga]

I'm afraid, empowering has it right. ANY country's exit from the Eurozone means the chain has broken. EUR is not backed by anything more than the "agreement" of the members of the Eurozone that THIS will be their currency. Unfortunately, most people don't see this. Everybody sees a country that the Mass Media has been blaming for being "lazy", "thieves", "crooks" in order to cover the most undeniable truth since the beginning of the crisis.

The Greek Debt wasn't the PEOPLE'S debt! It was the BANK'S debt. With a political decision (after mr Papandreou stepped down, mr Papadimos was the PM that the troika has APPOINTED as the country's ruler) they transferred it to toxic bonds that shortly after they were bought from the country's reserves. Social security, hospitals, public companies, etc. They took fresh money and left us with toxic bonds! AND NOBODY SAID ANYTHING!

It's a moral issue for ANY European to understand that this is not a war between Germany or France with Greece. It's the moment in time for EVERYONE to understand who the real enemy is. Who the thieves are! Who brought a country to its knees. IT WAS THE BANKSTERS!

Oh, I've mentioned it before, but let me repeat it once more: If your neighbour's house is on fire, better worry for it comes for your house too.

[8up]

I'm afraid, empowering has it right. ANY country's exit from the Eurozone means the chain has broken. EUR is not backed by anything more than the "agreement" of the members of the Eurozone that THIS will be their currency. Unfortunately, most people don't see this. Everybody sees a country that the Mass Media has been blaming for being "lazy", "thieves", "crooks" in order to cover the most undeniable truth since the beginning of the crisis.

The Greek Debt wasn't the PEOPLE'S debt! It was the BANK'S debt. With a political decision (after mr Papandreou stepped down, mr Papadimos was the PM that the troika has APPOINTED as the country's ruler) they transferred it to toxic bonds that shortly after they were bought from the country's reserves. Social security, hospitals, public companies, etc. They took fresh money and left us with toxic bonds! AND NOBODY SAID ANYTHING!

It's a moral issue for ANY European to understand that this is not a war between Germany or France with Greece. It's the moment in time for EVERYONE to understand who the real enemy is. Who the thieves are! Who brought a country to its knees. IT WAS THE BANKSTERS!

Oh, I've mentioned it before, but let me repeat it once more: If your neighbour's house is on fire, better worry for it comes for your house too.

Sadly most people fail to see this.

[inca]

Bizarre that the troll keeps posting here when his posts are deleted on sight

[luckygenough56]

such green dildo

[AlexGR]

Quoting myself from another thread:

-I was trying to buy something online (costing just 2-3$) with my greek visa, and the charge was getting rejected.
-Gas stations take only cash.
-Suppliers of stuff, take only cash as they are afraid of the consequences of accepting digital payments, and with that I include bank payments (they are afraid they will not be able to withdraw it, or their money could be bailed-in / converted to drachma etc etc).

There is in a sense a fungibility issue with the euro in Greece right now. Digital euros / bank euros "suck" as they are useless to transact. Cash euro is what counts for most people, even companies.

Times like these, you *realize*, not theoretically, but by living it, that you wouldn't trade your crypto for fiat and that crypto is immensely more useful (ie you can actually transact, when with digital cash / banks / cards etc you can't).

The sense of value increases in a way that is unexpected: I wouldn't trade a single BTC even if I was offered >1000 euro in the bank in these conditions. The euros in the bank are useless.

Thats true, but you have to acknowledge the fact that BTC at the moment is just as useless for you as euros in your bank account. Who accepts BTC in Greece? Are you able to buy gas, food, taxi etc with BTC? Paying your rent with BTC?

You see i dont wanna be overly pessimistic here but as long as nobody actually accepts it its basically as useless...

Let's just say that electronic money (euros) right now buys you nothing, either internally or from abroad - say buying stuff from the internet.

BTC bypasses the international barrier and you can buy pretty much everything on the Internet that is sold from a BTC retailer.

Even if I want cash, I can use BTC=>BTC gold merchant=>gold import=>local pawn shop=>cash (or something similar).

[macsga]

I'm afraid, empowering has it right. ANY country's exit from the Eurozone means the chain has broken. EUR is not backed by anything more than the "agreement" of the members of the Eurozone that THIS will be their currency. Unfortunately, most people don't see this. Everybody sees a country that the Mass Media has been blaming for being "lazy", "thieves", "crooks" in order to cover the most undeniable truth since the beginning of the crisis.

The Greek Debt wasn't the PEOPLE'S debt! It was the BANK'S debt. With a political decision (after mr Papandreou stepped down, mr Papadimos was the PM that the troika has APPOINTED as the country's ruler) they transferred it to toxic bonds that shortly after they were bought from the country's reserves. Social security, hospitals, public companies, etc. They took fresh money and left us with toxic bonds! AND NOBODY SAID ANYTHING!

It's a moral issue for ANY European to understand that this is not a war between Germany or France with Greece. It's the moment in time for EVERYONE to understand who the real enemy is. Who the thieves are! Who brought a country to its knees. IT WAS THE BANKSTERS!

Oh, I've mentioned it before, but let me repeat it once more: If your neighbour's house is on fire, better worry for it comes for your house too.

Sadly most people fail to see this.

https://twitter.com/FabioSdogati/status/614893505077510144/photo/1

[AlexGR]

Quoting myself from another thread:

-I was trying to buy something online (costing just 2-3$) with my greek visa, and the charge was getting rejected.
-Gas stations take only cash.
-Suppliers of stuff, take only cash as they are afraid of the consequences of accepting digital payments, and with that I include bank payments (they are afraid they will not be able to withdraw it, or their money could be bailed-in / converted to drachma etc etc).

There is in a sense a fungibility issue with the euro in Greece right now. Digital euros / bank euros "suck" as they are useless to transact. Cash euro is what counts for most people, even companies.

Times like these, you *realize*, not theoretically, but by living it, that you wouldn't trade your crypto for fiat and that crypto is immensely more useful (ie you can actually transact, when with digital cash / banks / cards etc you can't).

The sense of value increases in a way that is unexpected: I wouldn't trade a single BTC even if I was offered >1000 euro in the bank in these conditions. The euros in the bank are useless.

Just curious, if I were to fly down to Greece in this environment to capitalize on the market would it be better to bring Euros down to buy bitcoins for cash or would it be better to sell bitcoins for euros?

The bitcoin market is pretty small right now, so I'm not sure how one could capitalize on it even if they wanted to.

[luckygenough56]

not a dildo, not green either 

[Bicmac1973]

I'm afraid, empowering has it right. ANY country's exit from the Eurozone means the chain has broken. EUR is not backed by anything more than the "agreement" of the members of the Eurozone that THIS will be their currency. Unfortunately, most people don't see this. Everybody sees a country that the Mass Media has been blaming for being "lazy", "thieves", "crooks" in order to cover the most undeniable truth since the beginning of the crisis.

The Greek Debt wasn't the PEOPLE'S debt! It was the BANK'S debt. With a political decision (after mr Papandreou stepped down, mr Papadimos was the PM that the troika has APPOINTED as the country's ruler) they transferred it to toxic bonds that shortly after they were bought from the country's reserves. Social security, hospitals, public companies, etc. They took fresh money and left us with toxic bonds! AND NOBODY SAID ANYTHING!

It's a moral issue for ANY European to understand that this is not a war between Germany or France with Greece. It's the moment in time for EVERYONE to understand who the real enemy is. Who the thieves are! Who brought a country to its knees. IT WAS THE BANKSTERS!

Oh, I've mentioned it before, but let me repeat it once more: If your neighbour's house is on fire, better worry for it comes for your house too.

Exactly this. I am from Germany and pay a lot of taxes to refinance German banksters who have lend money to greece banksters to lend money to Greece companies to buy products from German companies they cannot afford. This is mainly done to generate demand for German products in Greece and elsewhere, because the German workforce is underpaid and does not generate sufficient domestic demand. This is Banksters Europe, not the Europe of the people, as it should be.

[klee]

I'm afraid, empowering has it right. ANY country's exit from the Eurozone means the chain has broken. EUR is not backed by anything more than the "agreement" of the members of the Eurozone that THIS will be their currency. Unfortunately, most people don't see this. Everybody sees a country that the Mass Media has been blaming for being "lazy", "thieves", "crooks" in order to cover the most undeniable truth since the beginning of the crisis.

The Greek Debt wasn't the PEOPLE'S debt! It was the BANK'S debt. With a political decision (after mr Papandreou stepped down, mr Papadimos was the PM that the troika has APPOINTED as the country's ruler) they transferred it to toxic bonds that shortly after they were bought from the country's reserves. Social security, hospitals, public companies, etc. They took fresh money and left us with toxic bonds! AND NOBODY SAID ANYTHING!

It's a moral issue for ANY European to understand that this is not a war between Germany or France with Greece. It's the moment in time for EVERYONE to understand who the real enemy is. Who the thieves are! Who brought a country to its knees. IT WAS THE BANKSTERS!

Oh, I've mentioned it before, but let me repeat it once more: If your neighbour's house is on fire, better worry for it comes for your house too.

Exactly this. I am from Germany and pay a lot of taxes to refinance German banksters who have lend money to greece banksters to lend money to Greece companies to buy products from German companies they cannot afford. This is mainly done to generate demand for German products in Greece and elsewhere, because the German workforce is underpaid and does not generate sufficient domestic demand. This is Banksters Europe, not the Europe of the people, as it should be.

I have many German friends and this shit is hurting the relations between the 2 nations so much...
This is the biggest win for the 1%

[ChartBuddy]

Coin
Explanation

[hmmkay]

Poor Troll, nobody loves him. All alone, forever.

[tarmi]

I love him. His remarks and jokes are intelligent.

[Meuh6879]

well ... newbies have right, now ... to post 1 message on normal thread ? (recreate the limited newbies section for 10 post !)