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

[bobabouey2]

Greece debt crisis: Eurozone refuses bailout extension


http://www.bbc.com/news/world-europe-33300543

They said there would be no extension possible the last time until after the deadline. Then they not only gave them an extension but also found extra emergency money to throw at them for keeping things afloat until the extension's deadline. If Greece is having a referendum about it on 5th July the institutions could well refuse an extension, then change their minds and grant one.

Hint: Monday is coming... tick tock, tick tock...

You didn't answer me my brother.

Most probably there will be Grexit, right ?

If yes, how this will affect bitcoin ?

Greece imposes capital controls.  Greek banks insolvent.  Greece bails-in banks partially through retail depositors.  People realize advantage of holding a currency where imposing capital controls / seizing deposits is much harder to do.

[macsga]

You didn't answer me my brother.
Most probably there will be Grexit, right ?
If yes, how this will affect bitcoin ?

I did.
https://bitcointalk.org/index.php?topic=178336.msg11723268#msg11723268

Wait. Let me make it crystal clear: 

http://www.zerohedge.com/news/2015-06-27/fx-brokerages-move-close-only-ahead-monday-open

[Fakhoury]

Greece debt crisis: Eurozone refuses bailout extension


http://www.bbc.com/news/world-europe-33300543

They said there would be no extension possible the last time until after the deadline. Then they not only gave them an extension but also found extra emergency money to throw at them for keeping things afloat until the extension's deadline. If Greece is having a referendum about it on 5th July the institutions could well refuse an extension, then change their minds and grant one.

Hint: Monday is coming... tick tock, tick tock...

You didn't answer me my brother.

Most probably there will be Grexit, right ?

If yes, how this will affect bitcoin ?

Greece imposes capital controls.  Greek banks insolvent.  Greece bails-in banks partially through retail depositors.  People realize advantage of holding a currency where imposing capital controls / seizing deposits is much harder to do.

If it goes like this, it will be so late to adopt bitcoin by Greek people, or I'm mistaken ?

You didn't answer me my brother.
Most probably there will be Grexit, right ?
If yes, how this will affect bitcoin ?

I did.
https://bitcointalk.org/index.php?topic=178336.msg11723268#msg11723268

Wait. Let me make it crystal clear: 

http://www.zerohedge.com/news/2015-06-27/fx-brokerages-move-close-only-ahead-monday-open

I want to understand from you man 

What is the probability of Grexit and how it will affect bitcoin ?

[elux]

Greece debt crisis: Eurozone refuses bailout extension


http://www.bbc.com/news/world-europe-33300543

They said there would be no extension possible the last time until after the deadline. Then they not only gave them an extension but also found extra emergency money to throw at them for keeping things afloat until the extension's deadline. If Greece is having a referendum about it on 5th July the institutions could well refuse an extension, then change their minds and grant one.

Hint: Monday is coming... tick tock, tick tock...

You didn't answer me my brother.

Most probably there will be Grexit, right ?

If yes, how this will affect bitcoin ?

Greece imposes capital controls.  Greek banks insolvent.  Greece bails-in banks partially through retail depositors.  People realize advantage of holding a currency where imposing capital controls / seizing deposits is much harder to do.

If it goes like this, it will be so late to adopt bitcoin by Greek people, or I'm mistaken ?

You didn't answer me my brother.
Most probably there will be Grexit, right ?
If yes, how this will affect bitcoin ?

I did.
https://bitcointalk.org/index.php?topic=178336.msg11723268#msg11723268

Wait. Let me make it crystal clear: 

http://www.zerohedge.com/news/2015-06-27/fx-brokerages-move-close-only-ahead-monday-open

I want to understand from you man 

What is the probability of Grexit and how it will affect bitcoin ?

[JorgeStolfi]

Amagi Metals, the bitcoin-accepting precious metals dealer who promised to become bitcoin-only in 2016, seems to be rather non-existant at the moment:

http://www.reddit.com/r/Bitcoin/comments/3b93ui/psa_amagi_metals_has_scammed_me_and_ran/

[Meuh6879]

Wait. Let me make it crystal clear:  

http://www.zerohedge.com/news/2015-06-27/fx-brokerages-move-close-only-ahead-monday-open

we will win at the end.

[Norway]

Amagi Metals, the bitcoin-accepting precious metals dealer who promised to become bitcoin-only in 2016, seems to be rather non-existant at the moment:

http://www.reddit.com/r/Bitcoin/comments/3b93ui/psa_amagi_metals_has_scammed_me_and_ran/

Jorge, always here to cheer us up! You must throw fantastic parties during carnival in Brazil! 

[ChartBuddy]

Coin
Explanation

[Erdogan]

Cyprus, and now Greece. It must be it, the reason for the increase.

I like it - when all assets seems risky, go bitcoin!

[bobabouey2]

Greece imposes capital controls.  Greek banks insolvent.  Greece bails-in banks partially through retail depositors.  People realize advantage of holding a currency where imposing capital controls / seizing deposits is much harder to do.

If it goes like this, it will be so late to adopt bitcoin by Greek people, or I'm mistaken ?

Yes, but it is not about Greek people adopting bitcoin.  It is about other people fleeing to investments that aren't exposed to the same risks about to be experienced by Greeks.

[Meuh6879]

Greeks people can do thing with euro cash ... the problem, now, is the restriction of cash.
That's why, logicaly, bitcoin is the next choice.

[Norway]

Music to listen to right now:
https://www.youtube.com/watch?v=yc6Hp_Zq3rU

[Ezmoneyezlife]

Greeks people can do thing with euro cash ... the problem, now, is the restriction of cash.
That's why, logicaly, bitcoin is the next choice.

Next choice is food stashes and physical gold, it's a wet dream about mass bitcoin panic buys from greeks it won't ever happen because: 1) those who wanted to buy bitcoin - have bought already; 2) they will vote for staying in the eurozone cos they are not prepared to ruin their country yet and EU is not ready for the financial fallout of eurozone; 3) bitcoin has its own major problems especially with blocksize and alot of core devs are still arguing about it. Ive just checked up finex swaps - shorts have been reduced, longs as well which means that its not a pump but a little spike yet.

[ChartBuddy]

Coin
Explanation

[Alley]

Sure everybody in greece wont flock to bitcoin.  But some people WILL put some wealth there.  In a year we might look back at this as the catalyst that started a bull run.  Already started at $220ish a couple weeks ago really.

[JimboToronto]

Sure everybody in greece wont flock to bitcoin.  But some people WILL put some wealth there.  In a year we might look back at this as the catalyst that started a bull run.  Already started at $220ish a couple weeks ago really.

Actually, $220ish was a month ago. 2 weeks ago it was $230ish.

We're just trying to get back to where we were a little over a week ago.

We can consider this a bull run when we hold over $300.

Capitulation was almost half a year ago. We've been pretty well going sideways in the $200-$300 range ever since.

[shmadz]

Sure everybody in greece wont flock to bitcoin.  But some people WILL put some wealth there.  In a year we might look back at this as the catalyst that started a bull run.  Already started at $220ish a couple weeks ago really.

Maybe very slow, very shallow rally? I hope? One thing for sure, (in my mind at least)  the year-long downtrend is over.



Now expecting many months of the sideways...



I'm predicting we'll stay in this range for the rest of the summer at least...

[hodlmybtc]

Sure everybody in greece wont flock to bitcoin.  But some people WILL put some wealth there.  In a year we might look back at this as the catalyst that started a bull run.  Already started at $220ish a couple weeks ago really.

Actually, $220ish was a month ago. 2 weeks ago it was $230ish.

We're just trying to get back to where we were a little over a week ago.

We can consider this a bull run when we hold over $300.

Capitulation was almost half a year ago. We've been pretty well going sideways in the $200-$300 range ever since.

Yeah this.

I consider the bear trend over when the logarithmic downtrend is broken on every exchange for a longer period of time, this will probably push the price above $300.

[rjclarke2000]

guys come on!  We was so so close why cant we all just not sell?
The with limited the supply the price will go sky high espeshuly with gregzit and dont forget grease! it's mathemattically fucking certain!
Just hold for delaid gratyfecation and not the the 5$ profet!
Whose with me?

Holding my stash until I can buy property with it. 5,10 years. However long it takes. That's the plan anyway!

[Morecoin Freeman]

I will short at 250. Can't see this going much further.

Almost... Come on!