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Poll
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 26837461 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.)
Fakhoury
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June 24, 2015, 11:11:55 PM

First Bitcoin ATM in Greece!

http://coinatmradar.com/bitcoin_atm/527/bitcoin-atm-genesis-coin-acharnes-orizontes-bookstore/

Bullish ?
empowering
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June 24, 2015, 11:13:24 PM


Can we agree on heifer-ish?

or maybe "may contain traces of Bovine" or Bovine-ish

empowering
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June 24, 2015, 11:19:08 PM



Huh?
gentlemand
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June 24, 2015, 11:20:42 PM

How's about

empowering
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June 24, 2015, 11:21:18 PM

How's about



Is that Satoshi???!!!
empowering
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June 24, 2015, 11:26:32 PM
Last edit: June 24, 2015, 11:42:10 PM by empowering


Even if capital controls were put in place, and even if people did decide to get in on it in Greece

I wonder if it is a two way Bitcoin atm?  http://coinatmradar.com/manufacturer/3/genesis-coin-bitcoin-atm-producer

Otherwise ..... unless people start to buy before capital controls, then if it did actualy come to it, peoples accounts will have capital controls in place so.... debit cards etc would not help that much...  unless it is a two way one, and people have a lot of cash floating about.

Also one ATM ain't exactly gonna cut it.



gentlemand
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June 24, 2015, 11:31:32 PM

Decentralised farming is where it's truly at. Sod that money shit.
hmmkay
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June 24, 2015, 11:34:41 PM

The general public (in Greece) has no clue how to buy bitcoins or even see the advantages of crypto-currencies.
Until they get a free demo wallet with their cereal or happy meal, don't expect them to participate.

Still, I'm an investor and believe in the long term value of bitcoin.
empowering
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June 24, 2015, 11:36:30 PM
Last edit: June 24, 2015, 11:55:14 PM by empowering

Decentralised farming is where it's truly at. Sod that money shit.

I actually rather like the idea of Vertical Aquaponic farms (= fish and salad/veg. )  Set up a pump (or a hydraulic ram) let gravity take care of the rest.

Then all you need is a potato tower.

Maybe some of those minature cows ^^  

Hmmm minature pigs...


empowering
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June 24, 2015, 11:45:35 PM

Even if capital controls were put in place, and even if people did decide to get in on it in Greece

I wonder if it is a two way Bitcoin atm?  http://coinatmradar.com/manufacturer/3/genesis-coin-bitcoin-atm-producer/

Otherwise ..... unless people start to buy before capital controls, then if it did actualy coe to it, peoples accounts will have capital controls in place so.... debit cards etc would not help that much...  unless it is a two way one, and people have a lot of cash floating about.

It writes: "First bitcoin ATM launched in Greece. This is a one-way Satoshi1 bitcoin machine which is located at Orizontes Bookstore in Acharnes."
As far as I know, this one takes fiat Wink

duh yeah.... I should have probably read it, and then thought before I posted...(who would care about 2 way capability in such a capital control situation) my bad, it is late and I have a had a few ha ha

........eitherway people will still need cash floating about.

And still a lot of Greeks would have to become Bitcoin friendly for this to be significant

(I should probably go to bed)
ChartBuddy
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June 24, 2015, 11:57:09 PM

Coin
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emelac
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June 25, 2015, 12:06:07 AM

It's dropped below 240 again on Bitfinex, someone's started attacking that giant wall again. The Greek crisis talks didn't go very well today and that's spooked the regular markets. Perhaps it's also spooking the Bitcoin market.
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June 25, 2015, 12:24:43 AM

Anyone remember when the poll was posted? I picked 240 btw..

When is two weeks over (is it always two weeks in bitcoin time?)

Sideways all summer, take a break everyone, enjoy your vacations.  Cool
ChartBuddy
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June 25, 2015, 12:57:12 AM

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Fatman3001
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June 25, 2015, 01:27:42 AM




This is silly
Fakhoury
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June 25, 2015, 01:33:53 AM


Why ?
ChartBuddy
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June 25, 2015, 01:57:13 AM

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shmadz
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June 25, 2015, 02:24:15 AM
Last edit: June 25, 2015, 02:45:07 AM by shmadz


Because.......of... stuff?



Ok, no seriously, as a wannabe market maker, you would normally want to lay a tranche like that on either side. You make money on the spread by providing liquidity on both sides.

But in reality, if you put up a graduated wall like that, on only one side, you are just trying to support the price. Either this guy is already deeply long with sufficient fiat reserves to absorb the ongoing supply of coins from new blocks, or he (or they) are desperately clinging to leveraged long positions (Tarmi's wet dream)

When I try to imagine myself in the position to lay down those bids without sufficient asks to profit from volatility, I can only think they are either certain of the outcome, or they are financially insane.

Meanwhile, I still think we're going sideways, and I think that's a good thing.

Edit: on closer inspection, there does look to be a similar pattern, though much smaller on the sell side.



Could be a maker betting on an overall upward momentum... wouldn't be that outrageous a bet, but I think the really big players are probably using hidden walls and group moves and other tactics.

In any case, I much prefer a market that is open to manipulation than one where the ones who regulate get to decide who can manipulate freely without repercussions and who gets prosecuted.


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June 25, 2015, 02:57:17 AM

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JorgeStolfi
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June 25, 2015, 03:10:45 AM

Then all you need is a potato tower.
Maybe some of those minature cows ^^  
Hmmm minature pigs...

Can you make guinea sausages out of guinea pigs?
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