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Question: How far will this leg take us?
$110K - 9 (8.3%)
$120K - 19 (17.6%)
$130K - 17 (15.7%)
$140K - 9 (8.3%)
$150K - 19 (17.6%)
$160K - 2 (1.9%)
$170K+ - 33 (30.6%)
Total Voters: 108

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26836866 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 1 users with 9 merit deleted.)
bassclef
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June 16, 2015, 08:51:31 PM

Does anybody really doubt this rally is Grexit driven?  I took a little off the table like a lot of people, but I think it's still got legs. The Cypress template suggests that there is still a long way to go as capital controls have not even been implemented yet.

http://www.zerohedge.com/news/2015-06-16/bitcoin-spikes-greeks-follow-cyprus-template


It may not be Grexit related... but it sure would be a funny coincidence.

The real question is whether the price rise is driven by honest-to-god Bitcoin demand due to the Greek situation or whether it is just traders/whales expecting another Cypress-style rally. Then again - does it really matter?

I'm curious to see if we have another move higher today/tonight.


Whales use news to plan market events. It kind of happens organically as they swing such huge bats their effect on the price is inevitable.

The message to traders is pretty clear: building support, tenacious buying by whales and lack of selling. Money is also flowing into some altcoins.

Market couldn't break down through $210, all the selling has been absorbed so the littlest push will ignite the rockets and everyone starts piling back on. That's how bear markets end. Technically it ended in January with that huge volume selling climax, but we needed time to build huge positions in the meantime Wink
ChartBuddy
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June 16, 2015, 08:57:09 PM

Coin
Explanation
ssmc2
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June 16, 2015, 09:08:35 PM

Wait til the dragon wakes up in a bit...
qwk
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June 16, 2015, 09:11:56 PM

Someone told me "All your base are belong to us".
For one memorable night, all our us are belong to Base.
All your coin are belong to base? Sad
Norway
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June 16, 2015, 09:28:50 PM

Someone told me "All your base are belong to us".
For one memorable night, all our us are belong to Base.
All your coin are belong to base? Sad

Grouver (BtcBalance)
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June 16, 2015, 09:38:39 PM
Last edit: June 16, 2015, 09:54:38 PM by Grouver (BtcBalance)

This hangs in our office of Bitonic.
qwk
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June 16, 2015, 09:41:29 PM

This hangs in our office of Bitonic.

All your gentlemen is this.
Fatman3001
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Make Bitcoin glow with ENIAC


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June 16, 2015, 09:43:05 PM

This hangs in our office of Bitonic.

That is awesome!!!
ImI
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June 16, 2015, 09:43:23 PM

Someone told me "All your base are belong to us".
For one memorable night, all our us are belong to Base.
All your coin are belong to base? Sad



what game is that?
gentlemand
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June 16, 2015, 09:45:31 PM


what game is that?

Zero Wing from 1991.
ImI
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June 16, 2015, 09:45:59 PM


what game is that?

Zero Wing from 1991.

thx! best age of gaming.
Richy_T
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June 16, 2015, 09:46:44 PM

http://knowyourmeme.com/memes/all-your-base-are-belong-to-us

You can hate me later when you've wasted a few hours browsing around the site. Don't blame me if you end up on tvtropes though.
ChartBuddy
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June 16, 2015, 09:57:09 PM

Coin
Explanation
galdur
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June 16, 2015, 10:17:46 PM

Promising. Maybe bitcoin will try for 300 the third time since January. It seems to have been gathering some strength lately. And volume seems to have been improving. We´ll see. If it gets to say 350 and holds that or improves for a few weeks I´ll be getting seriously bullish. Good luck, g

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June 16, 2015, 10:19:47 PM

snowdropfore
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June 16, 2015, 10:34:14 PM

Choo,chop,the train is coming,everyone on aboard.
ssmc2
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June 16, 2015, 10:37:51 PM

Wait til the dragon wakes up in a bit...

Wink
qwk
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June 16, 2015, 10:43:47 PM

Wait til the dragon wakes up in a bit...
Cconvert2G36
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June 16, 2015, 10:44:25 PM

Good Morning China
BlackSpidy
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June 16, 2015, 10:50:09 PM

The one day I stay mostly offline... well, we're up a bit. Maybe I should stay offline more often. Closer to breaking the downtrend from the ATH. We'll be above it july, but we might not be able to definitely stay above it until early august... because reasons.
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