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

[saturn643]

The graph looks quite exceptional. Let's hope it passes 250.  slow steady increase in price is far more attractive to new users

[empowering]

GLOBAL MARKETS-Euro, stocks plunge as Greece seen on course to default

http://www.reuters.com/article/2015/06/29/markets-global-idUSL4N0ZE0IK20150629

[ChartBuddy]

Coin
Explanation

[shmadz]

GLOBAL MARKETS-Euro, stocks plunge as Greece seen on course to default

http://www.reuters.com/article/2015/06/29/markets-global-idUSL4N0ZE0IK20150629

TOKYO, June 29 (Reuters) - The euro fell almost 2 percent and share prices tumbled across Asia on Monday as Greece looked set to default on its debt repayment this week, forcing Athens to impose capital controls to halt bank runs.

Don't you love how they use the term "bank runs" instead of "lack of confidence"?

This subconsciously puts the blame on the ones trying to retrieve their money rather than the bank that doesn't have their money.

A simple narrative: "if it weren't for all these stupid Greeks lining up at the ATM'S there would be no problem."  Same story with all fractional reserve shell games.

Also...

where are the  "greece capital controls - bitcoin users not affected" memes  

well you know how fast they are going to ban buying bitcoin in europe once they see people starting to avoiding capital controls via bitcoin?

You better do not want this to happen... Let Bitcoin do baby steps and not let it fall on it's head and get seriously hurt...

Baby steps indeed, if possible. "As slow as possible for as long as possible."

 

[JayJuanGee]

maybe we need a new poll to attempt to capture this sentiment....

new poll!

hahahahaha

Thanks Adam.

[Cconvert2G36]

This subconsciously puts the blame on the ones trying to retrieve their money rather than the bank that doesn't have their money.

Very well put.

Psychological warfare.

[ChartBuddy]

Coin
Explanation

[Alley]

Shanghai composite collapsing.

[shmadz]

Shanghai composite collapsing.

Links help greatly if you're trying to share information.

[shmadz]

http://mobile.reuters.com/article/idUSL5N0ZE0EF20150628?irpc=932
"Banks will be closed and the stock market shut all week, and there will be a daily 60 euro limit on cash withdrawals from cash machines, which will reopen on Tuesday. Capital controls are likely to last for many months at least."

I read right over that comment the first time, but on second glance I have a question:

Capital controls for months?!  Is this normal? Was it to be expected?

I mean, everything's conjecture and rumor at this point... I've even heard bank holiday might last all week... but months!?

Hoping for the best possible outcome, best of luck through this, you're effectively acting like the canary in the coal mine right now. Certainly the center of attention at the moment...

[Mrpumperitis]

July 2015 will be remembered as one of the darkest financial months ever. Greece are being made an example of for a few reasons and once they leave euro i think the IMF will turn to the rest of europe and try too make us pay. New laws will be passed on all of us by the unelected IMF.
"September 27th – The United Nations is going to launch a brand new sustainable development agenda for the entire planet.  Some have called this “Agenda 21 on steroids”.  But this new agenda is not just about the environment.  It also includes provisions regarding economics, agriculture, education and gender equality( bill gates will be involved, eugenics, monsanto ).  On September 25th, the Pope will travel to New York to give a major speech kicking off the UN conference where this new agenda will be unveiled."
With Jadehelm kicking off in around two weeks, usa military is getting prepared for some big changes which could lead to a world-wide revolution against the shady scams of imf and the corporations they work with.
Someone asked me a few days ago why do i think BTC will go up in July, its because the smart money will be coming to crypto and precious metals. People think Cyprus was a one off when banks took 40% of peoples savings, now its time for a bigger country. Once Greece is dealt with more countries will face the same situation one by one until the imf own all assests from each country.
Anon crypto will go up in price, doesnt matter what coin, as long as its untraceable it will become valuable.

[ChartBuddy]

Coin
Explanation

[ChartBuddy]

Coin
Explanation

[Wekkel]

Its commencing.

[JayJuanGee]

July 2015 will be remembered as one of the darkest financial months ever. Greece are being made an example of for a few reasons and once they leave euro i think the IMF will turn to the rest of europe and try too make us pay. New laws will be passed on all of us by the unelected IMF.
"September 27th – The United Nations is going to launch a brand new sustainable development agenda for the entire planet.  Some have called this “Agenda 21 on steroids”.  But this new agenda is not just about the environment.  It also includes provisions regarding economics, agriculture, education and gender equality( bill gates will be involved, eugenics, monsanto ).  On September 25th, the Pope will travel to New York to give a major speech kicking off the UN conference where this new agenda will be unveiled."
With Jadehelm kicking off in around two weeks, usa military is getting prepared for some big changes which could lead to a world-wide revolution against the shady scams of imf and the corporations they work with.
Someone asked me a few days ago why do i think BTC will go up in July, its because the smart money will be coming to crypto and precious metals. People think Cyprus was a one off when banks took 40% of peoples savings, now its time for a bigger country. Once Greece is dealt with more countries will face the same situation one by one until the imf own all assests from each country.
Anon crypto will go up in price, doesnt matter what coin, as long as its untraceable it will become valuable.

This sounds like a decent theory... but we have NOT seen a whole hell of a lot of upward movement in BTC prices yet...

Im thinking that if BTC prices could get into the upper $200s for a few weeks and then stay there without dropping back below $260, then maybe creep into the $300s... then possibly, some of the masses will begin to see the upward momentum of BTC... ..

Surely, also if big money begins to recognize BTC as a decent hedge and or value appreciation mechanism, then that should NOT hurt either...

[ChartBuddy]

Coin
Explanation

[cyclotronmajesty]

These polls are terrible. First we are going to 300, then we're going sub 230...

[Mrpumperitis]

May 28th, Reuters reported that countries in the European Union were being given a two month deadline to enact “bail-in” legislation.  Any nation that does not have “bail-in” legislation in place by that time will face legal action from the European Commission.

[BitofaN1]

These polls are terrible. First we are going to 300, then we're going sub 230...

Btc price will not go down by any significant margin untill there is some resolution to the greek problem.I don't know what those people that see sub 230 coins are smoking.

[cyclotronmajesty]

These polls are terrible. First we are going to 300, then we're going sub 230...

Btc price will not go down by any significant margin untill there is some resolution to the greek problem.I don't know what those people that see sub 230 coins are smoking.

I agree with that... I voted for 243... probably not too soon though.