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

[Wolf Rainer]

This is beatiful and danger like poison.

[dreamspark]

Bear market, downtrend. Something something something

[Elwar]

The Litecoin market is not big enough to push Bitcoin up $15 by dropping Litecoin by $2.

[edgar]

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

https://archive.org/details/ConfessionsOfAnEconomicHitman_257

[Spaceman_Spiff]

ARE YOU NOT ENTERTAINED ?!?!?

[inca]

next 24h critical

No. We will go back to stable 250-275$.
This spike was caused by LTC cash-out.

Just have a look at all BTC/LTC charts.
Has nothing to do with BTC demand bought by FIAT.


The cycle was very easy:
Accumulate LTC with FIAT or BTC.
Pump LTC like shit (Ponzi in China)
Trade LTC for BTC -> increase BTC price
Sell BTC for FIAT -> drop to levels before the LTC pump

Rinse and repeat. Love that unregulated market. So many people to lose money. Thanks.

Time will tell. The bitcoin 1w chart is looking extremely bullish. Just an uptrend is enough to keep momentum buying to get us over 300 and then once we breach 300 on finex / bearstamp / btc-e things could get really exciting real quick.

[Mickeyb]

Wow what a rise! 

[Ezmoneyezlife]

next 24h critical

No. We will go back to stable 250-275$.
This spike was caused by LTC cash-out.

Just have a look at all BTC/LTC charts.
Has nothing to do with BTC demand bought by FIAT.


The cycle was very easy:
Accumulate LTC with FIAT or BTC.
Pump LTC like shit (Ponzi in China)
Trade LTC for BTC -> increase BTC price
Sell BTC for FIAT -> drop to levels before the LTC pump

Rinse and repeat. Love that unregulated market. So many people to lose money. Thanks.

Time will tell. The bitcoin 1w chart is looking extremely bullish. Just an uptrend is enough to keep momentum buying to get us over 300 and then once we breach 300 on finex / bearstamp / btc-e things could get really exciting real quick.

Wont happen unless it corrects itself to 255-260$ atleast + greece hype is almost done + blockchain spam dude. BTC will be at >300$ but not this month for sure. Most of people just havent realized yet why this willy-bot rampage happened on okgox/goxobi (LTC ponzer's cashing out).

[viboracecata]

next 24h critical

No. We will go back to stable 250-275$.
This spike was caused by LTC cash-out.

Just have a look at all BTC/LTC charts.
Has nothing to do with BTC demand bought by FIAT.


The cycle was very easy:
Accumulate LTC with FIAT or BTC.
Pump LTC like shit (Ponzi in China)
Trade LTC for BTC -> increase BTC price
Sell BTC for FIAT -> drop to levels before the LTC pump

Rinse and repeat. Love that unregulated market. So many people to lose money. Thanks.

Time will tell. The bitcoin 1w chart is looking extremely bullish. Just an uptrend is enough to keep momentum buying to get us over 300 and then once we breach 300 on finex / bearstamp / btc-e things could get really exciting real quick.

Wont happen unless it corrects itself to 255-260$ atleast + greece hype is almost done + blockchain spam dude. BTC will be at >300$ but not this month for sure.

I can't agree more

[ChartBuddy]

Coin
Explanation

[madonnino]

Oh shit, fasten your safety belts, the next stop, the moon       

[Wolf Rainer]

Oh shit, fasten your safety belts, the next stop, the moon       

OkCoin is fucked... Down.

[medialab101]

next 24h critical

No. We will go back to stable 250-275$.
This spike was caused by LTC cash-out.

Just have a look at all BTC/LTC charts.
Has nothing to do with BTC demand bought by FIAT.


The cycle was very easy:
Accumulate LTC with FIAT or BTC.
Pump LTC like shit (Ponzi in China)
Trade LTC for BTC -> increase BTC price
Sell BTC for FIAT -> drop to levels before the LTC pump

Rinse and repeat. Love that unregulated market. So many people to lose money. Thanks.

Time will tell. The bitcoin 1w chart is looking extremely bullish. Just an uptrend is enough to keep momentum buying to get us over 300 and then once we breach 300 on finex / bearstamp / btc-e things could get really exciting real quick.

Wont happen unless it corrects itself to 255-260$ atleast + greece hype is almost done + blockchain spam dude. BTC will be at >300$ but not this month for sure.

MmmK, It's at 292 on Finex with a bit of momentum still left in it. $8 and 4,300 coins are that separate us from $300. And that's not even taking the crazy Huobi market into account.

[spiderbrain]

Wow what a rise! 

I'm guessing you weren't around for 2013?

[Fatman3001]

The Litecoin market is not big enough to push Bitcoin up $15 by dropping Litecoin by $2.

this

[Asrael999]

The Litecoin market is not big enough to push Bitcoin up $15 by dropping Litecoin by $2.

this

and now we see why someone was holding the BTC price back on BTCE for as long as possible.

[Norway]

The Litecoin market is not big enough to push Bitcoin up $15 by dropping Litecoin by $2.

this

that

[Hunyadi]

LTC going down again.

[Ezmoneyezlife]

The Litecoin market is not big enough to push Bitcoin up $15 by dropping Litecoin by $2.

this

and now we see why someone was holding the BTC price back on BTCE for as long as possible.

BTC-E is not a market maker, okgox/goxobi and finex are, finex clearly showed that market makers dont plan to push price above 290$ (there would be fake walls of 15-18k being moved higher to 270-280$ in order to do that). Its just chinese retards cashing out their ponzied ltc to btc at any cost. Chill out people, shit is almost over.

[Asrael999]

The Litecoin market is not big enough to push Bitcoin up $15 by dropping Litecoin by $2.

this

and now we see why someone was holding the BTC price back on BTCE for as long as possible.

BTC-E is not a market maker, okgox/goxobi and finex are, finex clearly showed that market makers dont plan to push price above 290$ (there would be fake walls of 15-18k being moved higher to 270-280$ in order to do that). Its just chinese retards cashing out their ponzied ltc to btc at any cost. Chill out people, shit is almost over.

Only its the major "western exchange" for converting your LTC to BTC directly - without going through USD