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

[criptix]

why are the stupid greeks standing in line to take their euros and not bitcoin?

This is why.



They better keep euros and stay away from 85% dropped scamcoin.

Some money is better then no money

[JorgeStolfi]

I still don't get why we call "how many USD per BTC" BTC/USD and "How many BTC per USD" USD/BTC.

Price of bitcoin now = 245 USD/BTC.

But 245 = (value of 1 BTC)/(value of 1 USD), or 245 = BTC/USD for lazy typists.

[JorgeStolfi]

Bill Gates wants the B?
http://www.reddit.com/r/Bitcoin/comments/3b8ojl/you_are_spending_billions_to_make_poor_people/

From Nathaniel Popper's book:

> "Not long after that, Gates made his first public comments praising at least some of the concepts behind Bitcoin, if not the anonymity."

Here is what Bill Gates wrote in Jan/2015

> "Bitcoin is an exciting new technology. For our Foundation work we are doing digital currency to help the poor get banking services. We don't use bitcoin specifically for two reasons. One is that the poor shouldn't have a currency whose value goes up and down a lot compared to their local currency. Second is that if a mistake is made in who you pay then you need to be able to reverse it so anonymity wouldn't work."

So, bitcoiners need only make sure that the price of bitcoin will remain at 245 forever, abolish anonymity, and make transactions reversible.  Then Bill Gates will sure have thrird thoughts.

[tarmi]

why are the stupid greeks standing in line to take their euros and not bitcoin?

Cuz if they already had bitcoin, they wouldn't have to wait in line to grovel and beg for "the bank" to allow them the privilege of access to their own money?

[Fatman3001]

why are the stupid greeks standing in line to take their euros and not bitcoin?

Cuz if they already had bitcoin, they wouldn't have to wait in line to grovel and beg for "the bank" to allow them the privilege of access to their own money?

If it weren't for the fact that you're so good at it, I would really hate you for being such an asshole.

[Omikifuse]

why are the stupid greeks standing in line to take their euros and not bitcoin?

Since I believe that even in Greece there are more than a computer in each city, I think there is no need because everything is done online

[shmadz]

why are the stupid greeks standing in line to take their euros and not bitcoin?

Cuz if they already had bitcoin, they wouldn't have to wait in line to grovel and beg for "the bank" to allow them the privilege of access to their own money?

Kudos for the lulz, I guess some bitcoiners are stupid enough to use "banks" as well...

I'm looking at you coinbase and circle users

[tarmi]

This is why.

They better keep euros and stay away from 85% dropped scamcoin.

that graph is the bitcoiners version of "privatizing profits and socializing losses".

[Norway]

I still don't get why we call "how many USD per BTC" BTC/USD and "How many BTC per USD" USD/BTC.

Price of bitcoin now = 245 USD/BTC.

But 245 = (value of 1 BTC)/(value of 1 USD), or 245 = BTC/USD for lazy typists.

I would like to buy 245 BTC for 1 USD from you, sir. If you believe inverse notation is equal to the original notation, you should not teach. Do you write miles per hour as hpm? h/mi?

[ChartBuddy]

Coin
Explanation

[inca]

This is why.

They better keep euros and stay away from 85% dropped scamcoin.

that graph is the bitcoiners version of "privatizing profits and socializing losses".

One day you'll show us your amazing history of short trades!

Until then you keep taking our money by shorting a rising market..

[LFC_Bitcoin]

Coin
Explanation

Small move upwards I see, hope it doesn't stop here. Any chance of sneaking up to 250 over the weekend? Must be because it's pay weekend (in the UK at least).
Great chance to buy some cheap coins people, don't miss the train, it only stops once

[Dump3er]

Until then you keep taking our money by shorting a rising market..

Muhammad, is it you? Are you invested in bitcoin now?

[inca]

Until then you keep taking our money by shorting a rising market..

Muhammad, is it you? Are you invested in bitcoin now?

Keep shorting, double digits around the corner!

[Sitarow]

Does this look familiar to anyone?

All charts today. June 27, 2015






Been going since the LTC rise.

LTC/USD Target Price Low $2.80 - High $3.00 Market exuberance pushed the pendulum between $2.60 - $3.20.

LTC/BTC Target Price Low 0.0118 - High 0.012 Market exuberance pushed the pendulum between 0.0110 - 0.0125.

BTC/USD Target Price Low $240 - High $250 Market exuberance pushed the pendulum between $240 - $255.



We have fewer who may be participating in the BTC market vs LTC. Leaving those who can influence the LTC/USD LTC/BTC price free reign.

How long until we have a repeat from earlier this year... LTC/BTC down - BTC/USD up.

[Dilla]

A nice inverse head a shoulder formation fromed in the last 3 months? If we can pass $260, up to $300 we go!

[Dump3er]

Until then you keep taking our money by shorting a rising market..

Muhammad, is it you? Are you invested in bitcoin now?

Keep shorting, double digits around the corner!

I’m long, baby, since weeks. It always hurts to be on the same side as the cheerleaders, but as long as it results in money I ignore the pain.

[ChartBuddy]

Coin
Explanation

[klee]

This gonna hurt some bear asses

[tarmi]

yeap, worst time to close shorts, time to open new one soon.