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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26405212 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 3 users with 9 merit deleted.)
MonkeyCoin11
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June 17, 2015, 11:37:32 AM

Can we expect 270$ for today ? Shocked Shocked
Norway
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June 17, 2015, 11:39:42 AM

If we pass 260, I'll make myself a strong drink. I don't care if it's in the middle of the day!  Grin

I thought 266 is the magic number. Wink

BlackSpidy
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June 17, 2015, 11:42:32 AM

All bears will be EXTERMINATED!
 
coinpr0n
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June 17, 2015, 11:45:13 AM


[snip]

This is still not clear to me. Exactly what is going to happen after Friday?

P. Diddy tweeted and posted on Instagram about the movie 'Dope' being the first to accept Bitcoin. It premieres on Friday. Tongue

Diddy's Twitter account has 10M followers. Instagram has almost 5M followers. Pharrell also posted on Instagram to a quarter million fans.
empowering
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June 17, 2015, 11:48:48 AM
Last edit: June 17, 2015, 12:56:48 PM by empowering

http://www.telegraph.co.uk/finance/11680077/Bank-of-Greece-issues-grave-warning-of-Grexit-as-British-government-prepares-for-fallout-live.html


(four months are almost up lets see if we get another last minute reprieve, or a giant kick into the collective balls....)

<putsontinfoilhat>  Maybe they are going to use the next four months  (or do I mean days?) to prepare for a soft grexit, rather than dealing with a hard grexit sooner. Or maybe they are just trying to figure out how to phrase the word "default" so it sounds more like "perpetual bond"

<leavestinfoilhatonbecausesinceputtinghatonhavebecomeconvincedthattheNSAarereadi ngmythoughts>



Forgive my ignorance but what does Greece have to do with the price of BTC?


Directly... at this point in time.... very little.

Indirectly... a lot.


I am not sat here with my cock in hand hoping for a financial crash in hopes of escaping capital outflows benefiting BTC, because well at this point in time I do not see it happening.

However, there is an increasing possibility no matter how the current situation pans out, that we may see capital controls put in place (not just in greece either) due to the situation in Greece.  there is a perfect storm scenario where the Greece leaves the union, and the ECB declare they will not provide temporary liquidity to cover the capital flight from greece.  In fact there is the scenario where even if it does not go that far, the billions of euros a week that are currently leaving the greek banking system, continues and accelerates, even without a grexit. Basically capital controls could be put in place, and directly at this point in time, the effect for BTC will be very little.. but, it will be yet another exhibition of capital controls, and even if the greeks are not thinking about it, others will be.

So if the Swiss unpeg was the first canary in the mine.... perhaps Greece is our second canary..

Plus also BTC does not operate in a vacuum anymore than Greece or Europe does...  as I said earlier if Greece leaves it is relevant to most, and certainly to anything to do with the economy/investments etc. I have posted on here in the past about my view of how BTC may be impacted by a (medium sized) financial crisis.


klee
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June 17, 2015, 11:48:55 AM

https://twitter.com/paulmasonnews/status/611137497259749376
http://rt.com/business/267754-greece-euro-exit-debt
klee
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June 17, 2015, 11:50:47 AM

shmadz
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June 17, 2015, 11:51:56 AM

Yea I'm in USD. Embarrassed
I'm very hesitant about buying into a pump.

Really? We've had months upon months to load up and now, when the train is leaving, you have no tickets?

What have you been doing last six months?


ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


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June 17, 2015, 11:57:16 AM

Coin
Explanation
Paashaas
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June 17, 2015, 11:58:53 AM

Yea I'm in USD. Embarrassed
I'm very hesitant about buying into a pump.

Really? We've had months upon months to load up and now, when the train is leaving, you have no tickets?

What have you been doing last six months?

He's waiting for double digits?
qwk
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June 17, 2015, 12:00:05 PM

I'm actually surprised that we're seeing this positive thread right now. Has anyone figured out what is causing this? Greece?
8up
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June 17, 2015, 12:00:11 PM

Yea I'm in USD. Embarrassed
I'm very hesitant about buying into a pump.

Really? We've had months upon months to load up and now, when the train is leaving, you have no tickets?

What have you been doing last six months?

He's waiting for double digits?

And I guess he is not alone. Wink
shmadz
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June 17, 2015, 12:08:07 PM


"The bank is spending 750 million pounds to improve its technology."

And people worry that PoW mining is expensive?
ChetnotAtkins
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June 17, 2015, 12:23:59 PM

dark times for r/Buttcoin
mr angry
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June 17, 2015, 12:25:33 PM

What date does the poll at the top of this page start from? It asks for the price in 2 weeks but doesn't state what date the two weeks refereed to  start from.
_javi_
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Still a manic miner


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June 17, 2015, 12:27:27 PM

Love those newbs accounts.
Bullish! Cool
cyclotronmajesty
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June 17, 2015, 12:31:56 PM

This is a different market from the one coming out of 230s. Quite volitile. Can't be too tight Undecided with those stop losses. 
macsga
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Strange, yet attractive.


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June 17, 2015, 12:33:49 PM

Love those newbs accounts.
Bullish! Cool

Yeah... Full of innovation, positive messages, endorsement for bitcoins... definitely bullish!  Grin
Dotto
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No maps for these territories


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June 17, 2015, 12:34:11 PM

Climbing non-stop. That tempo.
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Terminated.


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June 17, 2015, 12:47:32 PM

We should't have been in this low range in the first place. If you all recall we were well on the way to breaking back into the 300s when a dark market got hacked and bears used it as an excuse to push the price lower... then we got stuck in this whole 'the sky is falling' block-size debate. I see this as a natural correction that was bound to happen sooner or later.
You're correct. Being under $300 wasn't expected and we have been at this price point for quite some time now. I was actually expecting the block-size debate to cause even more uncertainty, however it looks like the big players aren't wasting their time on the nonsense of the masses.
I think that the market will definitely become more exciting if Greece leaves drops out.  

Another interesting thing is that a lot of markets are seeing a positive trend right now.
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