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

[Fatman3001]

@LFC_Bitcoin @JayJuanGee

Even Masterluc in the "Analysis never ends" thread expects $45k in about 7-8 years. Adam is sooo conservative.

[klee]

Best bullish indicator ever: Tsipras talking...

http://www.newsit.gr/default.php?pname=Video&type=2

Every time he speaks BTC rallies, wtf??

LOL

[shmadz]

Meanwhile the currency of the future continue to get choked with spam txs.  

Will there be daily stress test? Bears might open a Donation fund..

https://tradeblock.com/blockchain/


Transactions
52,091
Total value
62,656.70
Total fees
2.8217
Total size
44.54 MB

A lot of these lately? From Blockchain.info

"Warning! this transaction is a double spend. You should be extremely careful when trusting any transactions to/from this sender."

Also this (and others like it) keeps showing up.
"Public Note: SPECIAL OFFER ! SEND NOW 0.01 TO THIS WALLET AND GET 0.02 INSTANT ! OR SIMPLY CHOSE ANY MUTIPLIER & BTC AT XmyBTC.COM - ( this offer is valid one time only )"



Increasing the block size does nothing to prevent or dissuade this spam.

The double-edged sword of censorship resistance.

[SmoothCurves]

Btc to $600k usd by next halving? https://www.tradingview.com/x/pOmNfT95/  fun to dream

[cyclotronmajesty]

Best bullish indicator ever: Tsipras talking...

http://www.newsit.gr/default.php?pname=Video&type=2

Every time he speaks BTC rallies, wtf??

LOL

What did he say? Is there any English translation?

Edit: BTC-e Is making a comeback. Can it overtake Bitstamp?

[Fatman3001]

Ok I say. If u wanna sell do it now. Cuz selling below 270 is just gay at this point.

HODL!

Edit: No more gay 69s.

You can't stop it, just give up.



http://www.gfycat.com/FlickeringGentleBat

[gizmoh]

Best bullish indicator ever: Tsipras talking...

http://www.newsit.gr/default.php?pname=Video&type=2

Every time he speaks BTC rallies, wtf??

LOL

What did he say? Is there any English translation?

Edit: BTC-e Is making a comeback. Can it overtake Bitstamp?

The official Tsipras translator:

A few days after this verdict we have now been given a mandate to re-double our efforts in order to get a socially-just and economically sustainable solution.


The Greek government plans to spend lots of money it hasn't got. So, give us more money!
"Brave choice of Greek people not a decision to rupture with Europe. A decision to return to founding principle of Europe"


Greek people know exactly where the money is...in Brussels. Give us more money.
"The message of the referendum is that Europe will be democratic or it will have immense difficulties surviving."


Greek people have decided not to pay back their debt. Instead give us more money.
We came to power 5 and a half months ago to try to reverse mistakes of past 5 and half years


Instead of making economies, the Greek government will spend more money of other Europeans. So, give us more money.
"We need a front-loaded growth programme. Without growth we cannot get out of the crisis"


We need more money. Lots of money. Give it to us.
Says his country has been turned into an “austerity lab”.


Making savings is unacceptable to Greeks. We want to spend other people's money. Give us more money, now.
"We have sent a request to ESM and we hope that we can reach an agreement"


Greeks want more money.
confident that in the next few days #Greece will meet obligations of this crucial time


You give us the money and we might not default on our debt to the ECB.
This is not exclusively a Greek problem, this is a European problem and European problems require European solutions.


Greeks want more money from all Europeans.

[ChartBuddy]

Coin
Explanation

[Karpeles]

Btc to $600k usd by next halving? https://www.tradingview.com/x/pOmNfT95/  fun to dream

BTC will be 600k in same sense that today's price is 270k...

Take off the k, and you will have the correct result.

I think the bubble time is over now...

[shmadz]

Greeks want more money from all Europeans.

Why not? Who wouldn't want more money? They're just printing the stuff out of thin air!

http://www.economist.com/blogs/freeexchange/2015/03/quantitative-easing-and-euro

It's monthly purchases will rise from around €13 billion ($14 billion) to €60 billion, and last until at least September 2016.

[dakota neat]

massive epic substantial dump incoming. you can't fight the GOVERNMENT

[ChartBuddy]

Coin
Explanation

[readysalted89]

@LFC_Bitcoin @JayJuanGee

Even Masterluc in the "Analysis never ends" thread expects $45k in about 7-8 years. Adam is sooo conservative.

I never thought I would hear anyone calling Adam a bear troll for spreading FUD about how Bitcoin won't go up 166x in 7 to 8 years. Next someone will be calling sgtbet a bear troll for saying it will only reach half a million dollars before the end of the year, and sgtbet will be calling bitpump a bear troll for only expecting 50K by next Christmas.

[Fatman3001]

@LFC_Bitcoin @JayJuanGee

Even Masterluc in the "Analysis never ends" thread expects $45k in about 7-8 years. Adam is sooo conservative.

I never thought I would hear anyone calling Adam a bear troll for spreading FUD about how Bitcoin won't go up 166x in 7 to 8 years. Next someone will be calling sgtbet a bear troll for saying it will only reach half a million dollars before the end of the year, and sgtbet will be calling bitpump a bear troll for only expecting 50K by next Christmas.

[LFC_Bitcoin]

$268.23 on Stamp. I wonder if we can push above $270 today & stay there after the mini correction following the recent fairly significant pump. It's promising that 260 held, I'm guessing bears would have liked to push us lower so that's a mini victory for us bulls. Let's see how it plays out today, fingers crossed we end the day in the mid 270's.

[ChartBuddy]

Coin
Explanation

[Elwar]

$268.23 on Stamp. I wonder if we can push above $270 today & stay there after the mini correction following the recent fairly significant pump. It's promising that 260 held, I'm guessing bears would have liked to push us lower so that's a mini victory for us bulls. Let's see how it plays out today, fingers crossed we end the day in the mid 270's.

It will take a lot to push it out of the $266 range. Maybe Greece dropping the Euro will do it.

But then the next big stop will be $666. Breaking through that will be a challenge.

[LFC_Bitcoin]

$268.23 on Stamp. I wonder if we can push above $270 today & stay there after the mini correction following the recent fairly significant pump. It's promising that 260 held, I'm guessing bears would have liked to push us lower so that's a mini victory for us bulls. Let's see how it plays out today, fingers crossed we end the day in the mid 270's.

It will take a lot to push it out of the $266 range. Maybe Greece dropping the Euro will do it.

But then the next big stop will be $666. Breaking through that will be a challenge.

Wow $666 seems a long way off from the current price, I suppose we were at that price a while ago & fell very quickly. Presumably we could go back up to $666 just as quickly as we fell?

I think we could see a price like that as a result of the halving in approximately 12 months, I'm unsure if we can reach those heights before then unless something significant happens like Gemini starting or the ETF approval, maybe a large organisation or store integrating BTC into their payment systems. I guess all will be revealed in time. $666 will be very satisfying to see though.

[macsga]

Well, I missed that. Citygroup mines its own Bitcoin called "Citycoin"? Premined digital currency for banks? Smells like Ripple.

http://techcrunch.com/2015/07/07/citibank-is-working-on-its-own-digital-currency-citicoin/

[Elwar]

$268.23 on Stamp. I wonder if we can push above $270 today & stay there after the mini correction following the recent fairly significant pump. It's promising that 260 held, I'm guessing bears would have liked to push us lower so that's a mini victory for us bulls. Let's see how it plays out today, fingers crossed we end the day in the mid 270's.

It will take a lot to push it out of the $266 range. Maybe Greece dropping the Euro will do it.

But then the next big stop will be $666. Breaking through that will be a challenge.

Wow $666 seems a long way off from the current price, I suppose we were at that price a while ago & fell very quickly. Presumably we could go back up to $666 just as quickly as we fell?

I think we could see a price like that as a result of the halving in approximately 12 months, I'm unsure if we can reach those heights before then unless something significant happens like Gemini starting or the ETF approval, maybe a large organisation or store integrating BTC into their payment systems. I guess all will be revealed in time. $666 will be very satisfying to see though.

Over the course of about a month on the way down we stayed around that number for a few days at a time. We spent about 2 weeks bouncing around $666 in a bull run after dropping below $350. That pretty much stopped the run and it was down from there.