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

[camolist]

awe only 24 hours left

BTC   8.97808362   0.1999%   24 Mar 17:56   about 24 hours   

easiest  0.54 btc in quite some time

though i still can't figure out why this shorter did not "refinance" at the much lower rates available now (under 0.04...20% of what they have been paying) they kept it for the full 30 day term

[luckygenough56]

[NotHatinJustTrollin]

Also nobody would put billions on dollars worth in something controlled by a bunch of anon miners.

[billyjoeallen]

Looks like Gavin and core devs about to upgrade to the penthouse suite:

https://twitter.com/gavinandresen/status/590884520318078976

Get out from the Bitcoin Foundation shack and into the 5 star MIT estate.

No more cup o noodles and tuna fish for the core devs.  Lobster and New England Clam Chowdah babee!!!

This is not good for bitcoin as we know it now. As an independent 'outsider' technology it has failed to survive. Media labs have effectively 'poached' the top devs from bitcoin.

This failure of the BF to keep the whole show together wil undoubtedly lead to a schism within the development community. It looks like Bitcoin2.0 is now inevitable in the near future.

What happens to us owners of bitcoin 1.0

It would take years to match the hashing power of the 1.0 network. It would take a combination of significantly better tech, a large initial capital investment and a smart marketing strategy to be competitive.
Bitcoin 1.0 will prolly even benefit from free publicity. To say NewCoin is better than Bitcoin is to tacitly admit that Bitcoin is the standard.

[BayAreaCoins]

awe only 24 hours left

BTC   8.97808362   0.1999%   24 Mar 17:56   about 24 hours   

easiest  0.54 btc in quite some time

though i still can't figure out why this shorter did not "refinance" at the much lower rates available now (under 0.04...20% of what they have been paying) they kept it for the full 30 day term

Thin markets due to aggressive buyers... no way he could have filled a order without fucking himself.

He did the right thing buy letting it go tits up in my opinion.

[damiano]

4h rsi Okcoin severely high 

[LFC_Bitcoin]

4h rsi Okcoin severely high 

The sound of a desperate man

[damiano]

4h rsi Okcoin severely high 

The sound of a desperate man

nah i'm in the green

shorted a new load at 238

[Wolf Rainer]

I fucking hate the shorts, they ruin all the game.

[D05GTO]

Why? It was that 31k short getting blown up that added fuel to the rise. LOL  Let them keep shorting.

[gentlemand]

I fucking hate the shorts, they ruin all the game.

They ain't going anywhere now. They'll be with us forever from now on.

[ChartBuddy]

Coin
Explanation

[Chef Ramsay]

awe only 24 hours left

BTC   8.97808362   0.1999%   24 Mar 17:56   about 24 hours   

easiest  0.54 btc in quite some time

though i still can't figure out why this shorter did not "refinance" at the much lower rates available now (under 0.04...20% of what they have been paying) they kept it for the full 30 day term

Dude, how did you get a swap contract at such a high rate? Can't believe someone bit into that bid. The way rates are now, there's no point in offering a swap and helping these shorters out.

[Fatman3001]

I fucking hate the shorts, they ruin all the game.

They ain't going anywhere now. They'll be with us forever from now on.

Yup. We can't blame bitcoin for being freedom to short as well. We'll just have to hope she'll ride the waves without sinking.

[billyjoeallen]

http://www.reddit.com/r/Bitcoin/comments/33ik6v/google_trends_bitcoin_in_greece_vs_bitcoin_in_the/

Greeks are googling "bitcoin" at an increasing rate relative to the rest of the world.  Capital controls are coming.  People in Greece are looking for a solution. 

[Chef Ramsay]

http://www.reddit.com/r/Bitcoin/comments/33ik6v/google_trends_bitcoin_in_greece_vs_bitcoin_in_the/

Greeks are googling "bitcoin" at an increasing rate relative to the rest of the world.  Capital controls are coming.  People in Greece are looking for a solution. 

That being the case, it's starting to be reminiscent of the spring of 2013 during the whole Cyprus fiasco. Getting more Greek folks in could be a trigger that gets the ball rolling upwards.

[marcus_of_augustus]

http://www.reddit.com/r/Bitcoin/comments/33ik6v/google_trends_bitcoin_in_greece_vs_bitcoin_in_the/

Greeks are googling "bitcoin" at an increasing rate relative to the rest of the world.  Capital controls are coming.  People in Greece are looking for a solution. 

That being the case, it's starting to be reminiscent of the spring of 2013 during the whole Cyprus fiasco. Getting more Greek folks in could be a trigger that gets the ball rolling upwards.

heh, so true, i was thinking exactly the same thing, it is replay of 2013 ... albeit at bigger scale Greece >> Cyprus and $230 >> $30

so mini-wave up to $2-3k area when greece goes this spring and then big wave up to $10-12k for christmas?

[marcus_of_augustus]

http://www.reddit.com/r/Bitcoin/comments/33ik6v/google_trends_bitcoin_in_greece_vs_bitcoin_in_the/

Greeks are googling "bitcoin" at an increasing rate relative to the rest of the world.  Capital controls are coming.  People in Greece are looking for a solution.  

That being the case, it's starting to be reminiscent of the spring of 2013 during the whole Cyprus fiasco. Getting more Greek folks in could be a trigger that gets the ball rolling upwards.

heh, so true, i was thinking exactly the same thing, it is replay of 2013 ... albeit at bigger scale Greece >> Cyprus and $230 >> $30

so mini-wave up to $2-3k area when greece goes this spring and then big wave up to $10-12k for christmas?

There was a price spike that happened around the same time as Cyprus, but it wasn't because Cypriots were buying Bitcoin; at least I've never seen any actual evidence of it. IMO there was no Cyprus Effect.

it was about 5 months after the first halving, but the Cyprus effect was real, at least that's what the perception was at the time and as you well know, with the Griffin good money, it is all about the price perception and price feedback loop.

Maybe not many Cypriots actually bought bitcoin but the fact they had ALL their bank accounts frozen overnight by the ECB sent a strong message to bitcoin-curious all across the world and in particular Europe, that yup, bitcoin is better than that ...

perception is everything

[BayAreaCoins]

http://www.reddit.com/r/Bitcoin/comments/33ik6v/google_trends_bitcoin_in_greece_vs_bitcoin_in_the/

Greeks are googling "bitcoin" at an increasing rate relative to the rest of the world.  Capital controls are coming.  People in Greece are looking for a solution.  

That being the case, it's starting to be reminiscent of the spring of 2013 during the whole Cyprus fiasco. Getting more Greek folks in could be a trigger that gets the ball rolling upwards.

heh, so true, i was thinking exactly the same thing, it is replay of 2013 ... albeit at bigger scale Greece >> Cyprus and $230 >> $30

so mini-wave up to $2-3k area when greece goes this spring and then big wave up to $10-12k for christmas?

There was a price spike that happened around the same time as Cyprus, but it wasn't because Cypriots were buying Bitcoin; at least I've never seen any actual evidence of it. IMO there was no Cyprus Effect.

it was about 5 months after the first halving, but the Cyprus effect was real, at least that's what the perception was at the time and as you well know, with the Griffin good money, it is all about the price perception and price feedback loop.

Maybe not many Cypriots actually bought bitcoin but the fact they had ALL their bank accounts frozen overnight by the ECB sent a strong message to bitcoin-curious all across the world and in particular Europe, that yup, bitcoin is better than that ...

perception is everything

Cyprus was the thing that got me thinking "Holy fuck that shit happens."

I remember reading a Bitcointalk post of some dude with screen shots of his balance. 

[ChartBuddy]

Coin
Explanation