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

[inca]

Panic sellers at 261..

They'll buy back soon enough

[Elwar]

Even if Greece gets the bailout...they are just getting a loan so they can make a payment on their previous loan. And this new loan will come with more payments and interest, which will require another bailout in a year or so to pay their loan payment and on and on...

collapse now or collapse later, either one...Bitcoin can wait

[macsga]

Even if Greece gets the bailout...they are just getting a loan so they can make a payment on their previous loan. And this new loan will come with more payments and interest, which will require another bailout in a year or so to pay their loan payment and on and on...

collapse now or collapse later, either one...Bitcoin can wait

This is not negotiable I'm afraid. Greece don't have and won't pay the IMF today. You can take this for granted. I'm pretty sure though, that (as the previous time) the IMF will pull another rabbit off their hat and get paid their loan by themselves... Nuff said.

[cyclotronmajesty]

Even if Greece gets the bailout...they are just getting a loan so they can make a payment on their previous loan. And this new loan will come with more payments and interest, which will require another bailout in a year or so to pay their loan payment and on and on...

collapse now or collapse later, either one...Bitcoin can wait

This is not negotiable I'm afraid. Greece don't have and won't pay the IMF today. You can take this for granted. I'm pretty sure though, that (as the previous time) the IMF will pull another rabbit off their hat and get paid their loan by themselves... Nuff said.

Yea right you think the IMF doesn't have their own form of investment insurance?

... BTW... what's the price bounce today? 260? 261.5? Already?

[macsga]

Even if Greece gets the bailout...they are just getting a loan so they can make a payment on their previous loan. And this new loan will come with more payments and interest, which will require another bailout in a year or so to pay their loan payment and on and on...

collapse now or collapse later, either one...Bitcoin can wait

This is not negotiable I'm afraid. Greece don't have and won't pay the IMF today. You can take this for granted. I'm pretty sure though, that (as the previous time) the IMF will pull another rabbit off their hat and get paid their loan by themselves... Nuff said.

Yea right you think the IMF doesn't have their own form of investment insurance?

... BTW... what's the price bounce today? 260? 261.5? Already?

Of course they have. Look how did they get paid the last time. You will get it...

[itod]

CNN Money : Greeks are rushing to Bitcoin

http://money.cnn.com/2015/06/29/technology/greece-bitcoin/

Hyperbolic title but hey, can't hurt!

Some big entity should really put bitcoin atm's in all major cities and islands.

How stupid is this idea?!? Do you think someone who has EUR 60 daily limit on the ATM will waste their precious EUR on Bitcoin? They have many other more necessary things to buy with that money.  

ATM's are running low on fiat. Buy 1000 euro worth of bitcoins online, go exchange bitcoins for fiat at bitcoin atm. Doesn't seem that stupid "?!?"

You are telling me that the whole Greek banking infrastructure can't fill ATMs for more then 60 EUR/person a day, but some new private entity will succeed filling Bitcoin ATMs with more cash? that makes sense to you?

The reason they are limiting withdrawals is because the European Central Bank stopped the flow of fiat to Greece. The banks have limited funds so they do not want a bank run to the point that they all go broke.

And how will that new entity supply the Bitcoin ATMs on Greek islands with fresh cash if European Central Bank stopped the flow of fiat to Greece? They will helicopter the cash from neighboring countries by night?

[spooderman]

Great.

A fucking bull market.

Now I get to do nothing except check BTC price for the next 6 months.

Getting rich is stressful.

[spooderman]

oh and btw....

teh next critical r 25hr

[coinpr0n]

Another rise this fine European morning.. Chinese lunch? Are we still arguing whether the downtrend has been broken? I'm no TA-expert.

[gentlemand]

Great.

A fucking bull market.

Now I get to do nothing except check BTC price for the next 6 months.

Getting rich is stressful.

The last bull market just felt like a bad video game to me where you pile up credits with no particular expenditure of skill. I wasn't complaining but it did spoil me a little.

I don't particularly care if a bull market is on the near horizon. It's good enough to kick the normal boring old ranges out of the park.

[ChartBuddy]

Coin
Explanation

[gentlemand]

Another rise this fine European morning.. Chinese lunch? Are we still arguing whether the downtrend has been broken? I'm no TA-expert.

If TA is one's thing then there's this - http://www.reddit.com/r/BitcoinMarkets/comments/3blja7/the_19month_bear_trendline_is_breached_across_the/

[empowering]

http://www.bbc.com/news/world-europe-33322754




(ps- isn't this just a repeat of the recent election? will the Greek people have changed their minds now a few months down the line?)

In some ways it is, but at the last elections the greek people didn't knew that the people the elect will fuck things up that hard , so they could have changed their minds quite easily.

But are they not just doing what they were elected to do ?

[Elwar]

Great.

A fucking bull market.

Now I get to do nothing except check BTC price for the next 6 months.

Getting rich is stressful.

I was getting so much work done during the bear market.

[Dotto]

Burn the bear. Burn the shorts. Tsipras is our man.

[soullyG]

Are we really going for another push on $266 already?

Honey badger season is back baby

[idecable]

At least the bitcoin price is exciting again.

It's looking good past few days.

[hmmkay]

CNN Money : Greeks are rushing to Bitcoin

http://money.cnn.com/2015/06/29/technology/greece-bitcoin/

Hyperbolic title but hey, can't hurt!

Some big entity should really put bitcoin atm's in all major cities and islands.

How stupid is this idea?!? Do you think someone who has EUR 60 daily limit on the ATM will waste their precious EUR on Bitcoin? They have many other more necessary things to buy with that money.  

ATM's are running low on fiat. Buy 1000 euro worth of bitcoins online, go exchange bitcoins for fiat at bitcoin atm. Doesn't seem that stupid "?!?"

You are telling me that the whole Greek banking infrastructure can't fill ATMs for more then 60 EUR/person a day, but some new private entity will succeed filling Bitcoin ATMs with more cash? that makes sense to you?

The reason they are limiting withdrawals is because the European Central Bank stopped the flow of fiat to Greece. The banks have limited funds so they do not want a bank run to the point that they all go broke.

And how will that new entity supply the Bitcoin ATMs on Greek islands with fresh cash if European Central Bank stopped the flow of fiat to Greece? They will helicopter the cash from neighboring countries by night?

That's why I was talking about a big entity, probably outside Greece, able to fill those bitcoin atms when emptied. When many people see they can get money out of bitcoin atm's instead of banks, it's great marketing for bitcoin. And maybe, just maybe when even those atm's are empty, people realize they can still exchange bitcoin with eachother, *boom*.

Oh and the EU has open borders, so a drive should be sufficient. Getting to islands maybe with a helicopter/boat yes.

[ChartBuddy]

Coin
Explanation

[Shunak]

This poll is wrong
Question:   price will bounce off of
too low prices, 255$ will be the target