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

[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

[ChartBuddy]

Coin
Explanation

[ChartBuddy]

Coin
Explanation

[ChartBuddy]

Coin
Explanation

[noobtrader]

4h rsi Okcoin severely high 

The sound of a desperate man

nah i'm in the green

shorted a new load at 238

i like it when you claim that you shorted at higher price...   
the price at 234 btw, its likely to shoot up again when bitlicence finalized.

[abercrombie]

Still a ton of short interest.  That's a contrarian indicator like the huge interest of longs that we're building up in the 260's.

[ChartBuddy]

Coin
Explanation

[damiano]

4h rsi Okcoin severely high 

The sound of a desperate man

nah i'm in the green

shorted a new load at 238

i like it when you claim that you shorted at higher price...   
the price at 234 btw, its likely to shoot up again when bitlicence finalized.

I'm counting on it.

Question is can you guys sustain it? Like 300? 

Nope!

[Dilla]

http://www.coindesk.com/lawsky-bitlicense-will-be-finalized-by-end-of-may/

Looks like another late May pump is coming

[ChartBuddy]

Coin
Explanation

[ChartBuddy]

Coin
Explanation

[itod]

http://www.coindesk.com/lawsky-bitlicense-will-be-finalized-by-end-of-may/

Looks like another late May pump is coming

I don't to see how a strict regulation which almost everyone declared too tight would increase demand on the market. People claimed crypto developers will flee New York if this regulation is released.

[macsga]

http://www.coindesk.com/lawsky-bitlicense-will-be-finalized-by-end-of-may/

Looks like another late May pump is coming

I don't to see how a strict regulation which almost everyone declared too tight would increase demand on the market. People claimed crypto developers will flee New York if this regulation is released.

There are always 2 faces in the same coin. IMHO, Bitcoin NEEDS regulation if we're heading for bigger things. Let's see how this evolves, since it's a critical point towards mass adoption.

[ChartBuddy]

Coin
Explanation

[hdbuck]

http://www.coindesk.com/lawsky-bitlicense-will-be-finalized-by-end-of-may/

Looks like another late May pump is coming

I don't to see how a strict regulation which almost everyone declared too tight would increase demand on the market. People claimed crypto developers will flee New York if this regulation is released.

There are always 2 faces in the same coin. IMHO, Bitcoin NEEDS regulation if we're heading for bigger things. Let's see how this evolves, since it's a critical point towards mass adoption.

you NEED to go to bed.

Also, drop the mass adpotion crap trap.

[macsga]

http://www.coindesk.com/lawsky-bitlicense-will-be-finalized-by-end-of-may/

Looks like another late May pump is coming

I don't to see how a strict regulation which almost everyone declared too tight would increase demand on the market. People claimed crypto developers will flee New York if this regulation is released.

There are always 2 faces in the same coin. IMHO, Bitcoin NEEDS regulation if we're heading for bigger things. Let's see how this evolves, since it's a critical point towards mass adoption.

you NEED to go to bed.

Also, drop the mass adpotion crap.

It's morning here buddy. It's 10:00am and I'm up since 05:50... and WTF is ad-potion?