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

[barbs]

Guys what is a bear flag?

Can someone make one for me??

[samsonn25]

[samsonn25]

[razorramon]

i guess we will see in a few months if i am right or you...
my guess is that some usd whales decided that they want to be early birds as well...which is of course good for me as well since i am able to buy at these or maybe even lower levels...

if you want to tell me this had nothing to do with manipulation and is just supply and demand you are either naive or a fudster

[hmmmstrange]

Even if Greece leaves the EU it won't be an immediate domino affect, it's not like other countries will see it the next day and decide to leave. They will have to go through their own government procedures and votes and all of that. The confidence in the Euro will take a hit though.

Everything is ok now, because Senator Sanders is going to get congress to bail out Greece.

[fonzie]

My guess:

When Bitcoin falls below 100$ they will blame it on the "FUDsters" and "trolls".
 

[razorramon]

since you are just a known troll i can assure you that no one will blame it on you

[samsonn25]

i guess we will see in a few months if i am right or you...
my guess is that some usd whales decided that they want to be early birds as well...which is of course good for me as well since i am able to buy at these or maybe even lower levels...

if you want to tell me this had nothing to do with manipulation and is just supply and demand you are either naive or a fudster

You must also think the stock market is rigged too.  The truth is investors are smart not stupid.  They reward companies with good earnings and steady growth by buying and bidding the prices up, the bad companies that dont make money or are sketchy has less demand from buyers and thus the price stays low because it must be discounted to find a level the buyers want to get in at, correlating the extra risks.

Apple stock versus GoPro

[razorramon]

i guess we will see in a few months if i am right or you...
my guess is that some usd whales decided that they want to be early birds as well...which is of course good for me as well since i am able to buy at these or maybe even lower levels...

if you want to tell me this had nothing to do with manipulation and is just supply and demand you are either naive or a fudster

You must also think the stock market is rigged too.  The truth is investors are smart not stupid.  They reward companies with good earnings and steady growth by buying and bidding the prices up, the bad companies that dont make money or are sketchy has less demand from buyers and thus the price stays low because it must be discounted to find a level the buyers want to get in at, correlating the extra risks.

Apple stock versus GoPro

i have to apologize...you are not the common fud troll i thought you are
there is always some manipulation...also on wall street, london, ...
i guess you heard about http://en.wikipedia.org/wiki/Geraint_Anderson ?
i dont want to say this all was just pure manipulation...there were many factors that came together...fact is we are where we are...and in my opinion this is now a huge opportunity

[ChartBuddy]

Coin
Explanation

[Elwar]

Even if Greece leaves the EU it won't be an immediate domino affect, it's not like other countries will see it the next day and decide to leave. They will have to go through their own government procedures and votes and all of that. The confidence in the Euro will take a hit though.

Everything is ok now, because Senator Sanders is going to get congress to bail out Greece.

Well if Bernie Sanders says it's right then it must be. Where do I make the check out to?

[cbeast]

[RD965]

No more room down for the bears

[ParabellumLite]

No more room down for the bears

Of course not. There are some walls to demolish before we can go down significantly.

[Eamorr]

Coin
Explanation

Nice walls on coinbase. Money slowly coming in.

Market cap is below $3bn. It's dying.

[Mervyn_Pumpkinhead]

Unlike BTC, PPC is quite fun

[Erdogan]

Sadly, bitcoins have to be around already, for the greek to use it as an insurance against confiscation of euros or forced conversion of euros to bank shares or new drakmas. To get bitcoins in net amount in the hands of persons residing within greece, those persons have to move their euros either to some other european bank or physical notes over the border. At that point, they may think they are safe enough.

As always in these situations, you have to do everything before confiscations and currency controls. After the fact, the money is gone.

[ChartBuddy]

Coin
Explanation

[kurious]

7 days until the Euro crashes. Can't wait.

I'm assuming you are referring to the troika's demand that Greece submit a bail-out plan that they will not submit, prompting a Greek Gov't shutdown and a massive bank-run. 

What non-senses are you people writing here? What Gov't shutdown? Bank-run?!? I have a feeling you know the situation as you are from Mars. There's 0 chance of Government shutdown, they have a brand new Gov't less then a month old which got elected with massive support announcing that it will do exactly what it is doing now. If Greece leaves the Euro-zone it will be better both for the Greece and the Euro.

  That does not preclude bank runs, nor the collapse of the EU.  Or the deflation of NATO for that matter.  Contagion and dominoes.  One triggers the next.

What has this to do with NATO? And how something that makes both economies healthier leads to bank runs and collapse of the EU? Have you ever studied the Iceland financial recovery which Greece is imitating?
http://www.spiegel.de/international/europe/financial-recovery-of-iceland-a-case-worth-studying-a-942387.html

Yes I have studied it - I have a property there I bought last summer.

Iceland could not pay cover the bank's losses and so had no choice. At the time the banks net debts were 100 billion USD the government had just 3 bn Euros in reserves, pumping money into the banks as other countries, like the uk did - was not an option. But this is turning out very well, if painful devaluing as drastically as they did means everyone's salaries were devalued in terms of their purchasing power for anything other than the basics they are fortunate to have locally.

They have natural resources Greece does not have as well as a collective stubborn gritty determination to work their way through no matter what.  Icelanders are only a few generations off from a population that nearly starved every winter.  If they have to knit their own clothes and fish to survive, they will.

They also have a Scandinavian model economy - high tax, but wonderful state benefits - and very little wealth disparity between the rich and poor. 

Most of the free marketeers here would detest living in this system.

I happen to think it is one of the best countries on earth. And one of the best places to live. In the summer ;-)

Greece could learn much from them, but I don't see how they can do what Iceland has done.

[YourMother]

Explanation

Nice walls on coinbase. Money slowly coming in.

Market cap is below $3bn. It's dying.

But NATO

But Greece. Greek people are so impatient to embrace a beta software that can hold their life savings. They already bought printers and raspberries so that they can securely create paper wallets.

But Wall Street ?

Tim Draper ? Winklebagholders ?

No se puede!