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

[gentlemand]

crypto market completely off. chinese copy cat coin with no fundamentals mooning. ppc crap coin in top 10. btc barely doing anything.

penny stocks are a sane investment compared to this. no way fresh blood will enter this mess.

It's a strange time indeed. Considering the LTC volumes, perhaps pumpers put a little aside to annoy the BTC blockchain while they do it.

[1714702659]

1714702659

[1714702659]

1714702659

[1714702659]

1714702659

[Fatman3001]

...

I tried shorting litecoin, but not lately. Every time I exited with a tiny loss, just before a pump.
So I think it's still risky, I will only short it if I get the timing right, before the huge red dildo (that will surely happen).

yes, it's a risky business but somebody still has to do it.
I dont mind if others arent at it, that means just more money for me.

I wonder what happened with tarmi's litecoin shorting, in the 4 days since he posted this the price doubled.
While I did pull a few hairs for missing out on this incredible pump, I sure didn't try to short the chickun.

This is all we know. Don't really know what it means, but he's alive at least.

yeap, kinda sad to watch all those bitcoin trolls waiting for a 10 % rise while litecoin is up like 500 %.

 

that's because you arent any different from others bull scam a-holes.

consider me shorting ltc a "voice of reason".

If it's sad being up $50 in a month on btc... what does it make the dude who shorted at $235 and then decided to short the arising chickun?

you stupid? that was pure trolling.

[ChartBuddy]

Coin
Explanation

[Fakhoury]

Hey all,

- Is there any known ETA for ethereum ? And how it will affect Bitcoin's price ?

- When will banks in Greece open ?

Thank you.

[Fatman3001]

Regarding Greece story, don't you think that if Greece gets debt reduction all other countries in trouble wants it as well?

Yup, and eventually they will get it, instead of crippling 'austerity' and asset stripping.
Greece has struck a huge blow against financial tyranny here, and the aftershocks will be felt for years, whatever the outcome.

Shame of it is that the cost primarily will be borne by ordinary taxpayers rather than the banks that originally made loans *knowing* they could never be paid back. They have already taken their profits, with the CB's holding the majority of this debt now, having taken it at face value from the banks as collateral for fresh loans, or bought it outright in the marketplace through 'QE'.
The whole thing is a sham, and hopefully in time the true extent of it will come to light and people will understand what has really been going on for the last 5 years - a shift of toxic debt from big banks to the general public, most of which will eventually have to be written off.

The mere fact that almost none of the "responsible" countries, who cry foul now, could be bothered with staying under the SGP budget deficit ceiling and the SGP debt level ceiling shows how unrealistic it was to expect voluntary compliance from countries who are infamously imaginative in their accounting.

Stupid greek 1990s and early 2000s politicians made a bet that they could outperform their loans in the long run. The German Frankish Dynamo made a bet that they could make a monetary union without a financial union. They both lost. So let's split the bill and work out how to fix the euro.

[Elwar]

Bitcoin is actually fairly boring compared to LTC, PPC, NMC, Chinese stock exchange, NYSE...

Is Bitcoin now the non-volatile investment?

[phoenix1]

Regarding Greece story, don't you think that if Greece gets debt reduction all other countries in trouble wants it as well?

Yup, and eventually they will get it, instead of crippling 'austerity' and asset stripping.
Greece has struck a huge blow against financial tyranny here, and the aftershocks will be felt for years, whatever the outcome.

Shame of it is that the cost primarily will be borne by ordinary taxpayers rather than the banks that originally made loans *knowing* they could never be paid back. They have already taken their profits, with the CB's holding the majority of this debt now, having taken it at face value from the banks as collateral for fresh loans, or bought it outright in the marketplace through 'QE'.
The whole thing is a sham, and hopefully in time the true extent of it will come to light and people will understand what has really been going on for the last 5 years - a shift of toxic debt from big banks to the general public, most of which will eventually have to be written off.

The mere fact that almost none of the "responsible" countries, who cry foul now, could be bothered with staying under the SGP budget deficit ceiling and the SGP debt level ceiling shows how unrealistic it was to expect voluntary compliance from countries who are infamously imaginative in their accounting.

Stupid greek 1990s and early 2000s politicians made a bet that they could outperform their loans in the long run. The German Frankish Dynamo made a bet that they could make a monetary union without a financial union. They both lost. So let's split the bill and work out how to fix the euro.

Yeh, and it starts with acknowledging that there is a bill to split (bipartisan responsibility) ... this process seems to be happening at the moment. Up until now the stance of creditors has been 'all the money and your prized assets' with a gun at your head - the model the IMF and World Bank has used for decades with remarkable success in Asia and South America. Nice to see it being defeated in Europe, and ironic that the IMF is now backing Greek debt relief.

In the long run I am not sure the Euro can be fixed. In think we end up with at least 2 currencies, one for the north (a stronger one, reflecting their competitive edge) and a naturally weaker one in the South, allowing them to compete, as a free floating currency would. All depends if you believe that a monetary union can be made to work in the absence of fiscal union, in diverse countries with strong nationalistic tendencies. Only time will tell, but so far it does not look good ...

And don't forget, it was the likes of Goldman Sachs who gladly helped those southern countries with their 'imaginative accounting' in order to get them into the Euro, and the ECB who turned a blind eye to it as they knew they had the most power and money to gain from more members.

[wlefever]

Bitcoin is actually fairly boring compared to LTC, PPC, NMC, Chinese stock exchange, NYSE...

Is Bitcoin now the non-volatile investment?

For the last 6 months it appears so! Or, merely the calm before the storm...

[medusa13]

ideal moment to link this beautiful chart:

And also speaking of volatility, it seems that I was indeed right in my predictions of a move up.

And it looks like there's a lot more coiled tension where that came from:

[Ezmoneyezlife]

crypto market completely off. chinese copy cat coin with no fundamentals mooning. ppc crap coin in top 10. btc barely doing anything.

penny stocks are a sane investment compared to this. no way fresh blood will enter this mess.

ofc no sane man will buy btc while core devs are doing nothing about blockchain issue with ddos, it obviously shows that btc's technology is still not ready for stable working unlike ltc, thats why market makers are having fun with their willy-bots on chinese exchanges pumping ltc not even considering touching btc, probably market makers are ddosing blockchain to get huge profits from ltc pump cos they really may start panic buys till even 20$ or even more if btc's ddos issue wont be resolved soon. but anyway - btc's price simply cannot move higher from current ~270 lvl due to: 1) ddos issue harming btc reputation; 2) greece hype is going to an end pretty soon; 3) btc is simply overbought and waiting for correction to 255$ atleast before any solid bullish attempt. ofc chinese idiots are trying to pump it a bit thats why we've been watching weird spikes on their shitty exchanges but without market makers permisson they will fail again and again until someone on stamp or finex starts to dump to end this pity attepmts from idiots. overall its really sad for btc, im mostly a bear but all this uncertainty with ddos and blockchain issue makes me sad, ive been expecting a dump to 100-150$ for a while but now even i dont want that scenario to happen because without fixing of ddos blockchain issue it might be the last nail into the coffin of btc.
btw, what if market makers have been accumulating ltc all this time till now by hilarios prices? just imagine such a crazy scheme: they've accumulated >50% of ltc over a year or so and now they just decide to fuck btc by ddosing blockchain. after that they just replace btc with ltc spreading news about huge technical issue of btc making its worthless and pointing at fighting developers to blame. just imagine how much money would they make with such scheme cos if btc devs wont fix this fucking problem ltc may be easily pumped to btc price levels.

[600watt]

everyone fucking relax now:      


congratulations to all thread"needles" that own bitcoins. the next 18 months we will have a lot of fun.



 nasdaq headlines:  

Bitcoin as the New Safe Haven

http://www.nasdaq.com/article/bitbugs-bitcoin-as-the-new-safe-haven-cm494560

[Fakhoury]

everyone fucking relax now:      


congratulations to all thread"needles" that own bitcoins. the next 18 months we will have a lot of fun.



 nasdaq headlines:  

Bitcoin as the New Safe Haven

http://www.nasdaq.com/article/bitbugs-bitcoin-as-the-new-safe-haven-cm494560

I hate the number 18 

Please change it

[spike420211]

Holy chit... LTC up from 6 to 8 while I napped this PM?

Also... did any1 else watch MadMoney last night and see Jim Cramer whining like a little bitch?
Dis gonna get gud

[Morecoin Freeman]

I call below 260 within 48 hours.

24 hours remaining...

12 hours...

2 hours,

Will I look foolish?
Maybe.

You do already and have been for 46 hours.


Regarding Greece story, don't you think that if Greece gets debt reduction all other countries in trouble wants it as well?

Ok guys, I was wrong!


The Greece situation is really interesting. I'm not sure about what will happen.
I feel bad for the people living there so I hope everything will be alright.

[Fatman3001]

Regarding Greece story, don't you think that if Greece gets debt reduction all other countries in trouble wants it as well?

Yup, and eventually they will get it, instead of crippling 'austerity' and asset stripping.
Greece has struck a huge blow against financial tyranny here, and the aftershocks will be felt for years, whatever the outcome.

Shame of it is that the cost primarily will be borne by ordinary taxpayers rather than the banks that originally made loans *knowing* they could never be paid back. They have already taken their profits, with the CB's holding the majority of this debt now, having taken it at face value from the banks as collateral for fresh loans, or bought it outright in the marketplace through 'QE'.
The whole thing is a sham, and hopefully in time the true extent of it will come to light and people will understand what has really been going on for the last 5 years - a shift of toxic debt from big banks to the general public, most of which will eventually have to be written off.

The mere fact that almost none of the "responsible" countries, who cry foul now, could be bothered with staying under the SGP budget deficit ceiling and the SGP debt level ceiling shows how unrealistic it was to expect voluntary compliance from countries who are infamously imaginative in their accounting.

Stupid greek 1990s and early 2000s politicians made a bet that they could outperform their loans in the long run. The German Frankish Dynamo made a bet that they could make a monetary union without a financial union. They both lost. So let's split the bill and work out how to fix the euro.

Yeh, and it starts with acknowledging that there is a bill to split (bipartisan responsibility) ... this process seems to be happening at the moment. Up until now the stance of creditors has been 'all the money and your prized assets' with a gun at your head - the model the IMF and World Bank has used for decades with remarkable success in Asia and South America. Nice to see it being defeated in Europe, and ironic that the IMF is now backing Greek debt relief.

In the long run I am not sure the Euro can be fixed. In think we end up with at least 2 currencies, one for the north (a stronger one, reflecting their competitive edge) and a naturally weaker one in the South, allowing them to compete, as a free floating currency would. All depends if you believe that a monetary union can be made to work in the absence of fiscal union, in diverse countries with strong nationalistic tendencies. Only time will tell, but so far it does not look good ...

And don't forget, it was the likes of Goldman Sachs who gladly helped those southern countries with their 'imaginative accounting' in order to get them into the Euro, and the ECB who turned a blind eye to it as they knew they had the most power and money to gain from more members.

When you put it like that it's actually quite sickening that a rich european country should be let off the hook while lots of south american and african countries have been struggling with insurmountable debt since the 60s and 70s. I still think sharing the burden is in everyone's best interest though, but ...

[ChartBuddy]

Coin
Explanation

[phoenix1]

Up until now the stance of creditors has been 'all the money and your prized assets' with a gun at your head - the model the IMF and World Bank has used for decades with remarkable success in Asia and South America. Nice to see it being defeated in Europe, and ironic that the IMF is now backing Greek debt relief.

When you put it like that it's actually quite sickening that a rich european country should be let off the hook while lots of south american and african countries have been struggling with insurmountable debt since the 60s and 70s. I still think sharing the burden is in everyone's best interest though, but ...

BAAAMMM!! And the light shines through! For me this is the most important lesson of all of this - for people to wake up and see that this has been going on globally for decades and is the scourge of American 'capitalism'. Hopefully having it on our own doorstep will help people to realise what it is and that it is simply unacceptable.
Yes, we will all have to share the burden to move through this and there are many worse affected countries than Greece that are still on the hook, or have been milked dry and left to rot. It is insidious and evil and has been done with intent.
Meanwhile the banksters retire to their islands with the loot ...

I missed out the other part of the policy, which is to 'support' (instate) a regime that will continue to impose the inevitable repression needed continue the cycle. The moment opposition arise it is crushed, physiclly or metaphorically, or a leader dies in an unexplained plane crash. This is not the stuff of conspiracy...it's real. This is a damn good read on the subject ...

http://www.amazon.co.uk/Confessions-Economic-Hit-Man-shocking/dp/0091909104

I also recommend

http://www.amazon.co.uk/s/ref=nb_sb_ss_i_4_11?url=search-alias%3Dstripbooks&field-keywords=naomi+klein+shock+doctrine&sprefix=naomi+klein%2Cstripbooks%2C212

She is a bit too 'pumped' but there is a real story in there

[Brewins]

Bitcoin is actually fairly boring compared to LTC, PPC, NMC, Chinese stock exchange, NYSE...

Is Bitcoin now the non-volatile investment?

Yes. While everything else is imploding, BTC keeps its value. Things changes too fast these days

[TerraMaster]

Bitcoin is a good place to park extra cash.

I think still to this day many "would be" investors just don't understand the concept or are still fearful of their BTC vanishing one way or the other, or the blockchain crashes due to an unknown bug.. etc. lol  They still have that stock portfolio or bank account mentality. Maybe more time and less bad story's about bitcoin in the headlines.

Should have a brighter future, last year or so has been really rough 

[Fatman3001]

Up until now the stance of creditors has been 'all the money and your prized assets' with a gun at your head - the model the IMF and World Bank has used for decades with remarkable success in Asia and South America. Nice to see it being defeated in Europe, and ironic that the IMF is now backing Greek debt relief.

When you put it like that it's actually quite sickening that a rich european country should be let off the hook while lots of south american and african countries have been struggling with insurmountable debt since the 60s and 70s. I still think sharing the burden is in everyone's best interest though, but ...

BAAAMMM!! And the light shines through! For me this is the most important lesson of all of this - for people to wake up and see that this has been going on globally for decades and is the scourge of American 'capitalism'. Hopefully having it on our own doorstep will help people to realise what it is and that it is simply unacceptable.
Yes, we will all have to share the burden to move through this and there are many worse affected countries than Greece that are still on the hook, or have been milked dry and left to rot. It is insidious and evil and has been done with intent.
Meanwhile the banksters retire to their islands with the loot ...

I missed out the other part of the policy, which is to 'support' (instate) a regime that will continue to impose the inevitable repression needed continue the cycle. The moment opposition arise it is crushed, physiclly or metaphorically, or a leader dies in an unexplained plane crash. This is not the stuff of conspiracy...it's real. This is a damn good read on the subject ...

http://www.amazon.co.uk/Confessions-Economic-Hit-Man-shocking/dp/0091909104

I also recommend

http://www.amazon.co.uk/s/ref=nb_sb_ss_i_4_11?url=search-alias%3Dstripbooks&field-keywords=naomi+klein+shock+doctrine&sprefix=naomi+klein%2Cstripbooks%2C212

She is a bit too 'pumped' but there is a real story in there

Holy Moly! Are you one of those americans who dare call yourself a socialist/social democrat or do you use that retard lingo like liberal or progressive and so on?