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

[ChartBuddy]

Coin
Explanation

[BlackSpidy]

Heck, in hindsight, it would've been wise to cash out at 250 on the way up
BTW, why is this forum's server keep going down for ~2 minutes at a time?

heh, yeah. The name of the game is "turning hindsight into foresight". That's what I've been playing at since 3 years old, anyways.

PS: Aww, bitcoins giving a goodbye hug to 260s. It makes sense, it might be the last time we see the $210-$269 range. $260s, you dont gotta go home, but you can't stay here.

[Arriemoller]

http://www.reuters.com/article/2015/07/03/us-eurozone-greece-bitcoin-idUSKCN0PD1B420150703?

The Greeks are buying bitcoins to protect themselves from a monetary crash according to Reuters.

[ChartBuddy]

Coin
Explanation

[ChartBuddy]

Coin
Explanation

[JorgeStolfi]

Mr. Gabriel, the German economics minister said “But it must be crystal clear what is being decided. It is, at the core, yes or no to remaining in the eurozone.”

https://upload.wikimedia.org/wikipedia/commons/thumb/7/7a/Groutite-114104.jpg/608px-Groutite-114104.jpg

What you want to say Prof. Stolfi ?

Only that "crystal clear" can be black and opaque as coal.  Which is actually what "crystal clear" usually means in politics and economy...

(Uh, ok, and coal can be clear and transparent as diamond, alright.)

[JorgeStolfi]

The deadline for filing claims against the MtGOX bankruptcy has been extended:

https://www.mtgox.com/img/pdf/20150706_deadline.pdf [ scroll down for the English translation ]

The bankruptcy trustee decided that the deadline for filing bankruptcy claims using the Online Method will be 12 noon on July 29, 2015 (Japan time).

[BlindMayorBitcorn]

http://www.reuters.com/article/2015/07/03/us-eurozone-greece-bitcoin-idUSKCN0PD1B420150703?

The Greeks are buying bitcoins to protect themselves from a monetary crash according to Reuters.

This is the concluding paragragh. It's about the one BTM in the country.

But with Greeks having to form long queues at bank ATMs just to receive a meager 60 euros' cash a day, this machine has seen no customers since talks with creditors broke down on Saturday.

"Before Saturday, there was some very limited interest, mostly customers asking what it does and how it works," said Maria Varila, an employee in the shop. "Since Saturday, however, when all hell broke loose, there has literally been zero interest."

[Cconvert2G36]

Mr. Gabriel, the German economics minister said “But it must be crystal clear what is being decided. It is, at the core, yes or no to remaining in the eurozone.”

https://upload.wikimedia.org/wikipedia/commons/thumb/7/7a/Groutite-114104.jpg/608px-Groutite-114104.jpg

What you want to say Prof. Stolfi ?

Only that "crystal clear" can be black and opaque as coal.  Which is actually what "crystal clear" usually means in politics and economy...

(Uh, ok, and coal can be clear and transparent as diamond, alright.)

If we could only whip up some vice.com articles, in greek, using Stolfi as a primary source. Warning them of the severe hardship they have and will be experiencing if they use bitcoin as an alternative to the completely rational and sustainable operations of the state and union monetary authorities.

We could use simple arithmetic to determine cost per transaction, at a fixed block reward, tx volume, and coin price, to determine the long term viability of a system. And by viability, I mean the proclivity to ease the conscience of those that may shape the world with the stroke of a pen.

[ChartBuddy]

Coin
Explanation

[SnokkomBTC]

Varoufakis resigns as finance minister

[dieselmeister]

Varoufakis resigns as finance minister

only if it was voted with "yes", but it's voted with "no".

[rebuilder]

Varoufakis resigns as finance minister

only if it was voted with "yes", but it's voted with "no".

He just resigned anyways, due to not being very popular at the negotiation table.

[macsga]

Varoufakis resigns as finance minister

It's been confirmed:

ANNOUNCEMENT BY THE MINISTER OF FINANCE, Mr YANIS VAROUFAKIS

The referendum of 5th July will stay in history as a unique moment when a small European nation rose up against debt-bondage.

Like all struggles for democratic rights, so too this historic rejection of the Eurogroup’s 25th June ultimatum comes with a large price tag attached. It is, therefore, essential that the great capital bestowed upon our government by the splendid NO vote be invested immediately into a YES to a proper resolution – to an agreement that involves debt restructuring, less austerity, redistribution in favour of the needy, and real reforms.

Soon after the announcement of the referendum results, I was made aware of a certain ‘preference’ by some Eurogroup participants, and assorted ‘partners’, for my... ‘absence’ from its meetings; an idea that the Prime Minister judged to be potentially helpful to him in reaching an agreement. For this reason I am leaving the Ministry of Finance today.

I consider it my duty to help Alexis Tsipras exploit, as he sees fit, the capital that the Greek people granted us through yesterday’s referendum.

And I shall wear the creditors’ loathing with pride.

We of the Left know how to act collectively with no care for the privileges of office. I shall support fully Prime Minister Tsipras,  the new Minister of Finance, and our government.
The superhuman effort to honour the brave people of Greece, and the famous OXI (NO) that they granted to democrats the world over, is just beginning.

http://www.protothema.gr/economy/article/490697/varoufakis-apohoro-apo-to-upourgeio-oikonomikon-/

[ChartBuddy]

Coin
Explanation

[rolling]

Wow, crazy action on Finex!

[LFC_Bitcoin]

Coin
Explanation

270+ again woo hoo. Let's see if we can stay above the 270 threshold today. It's nothing major but seems mildly bullish. I'm pretty sure we're up 50 USD since late May. Again in the bigger picture that doesn't seem a lot but things have started to change. I wonder if we can officially declare the end of the long bear market now?

[testerman]

Wow, crazy action on Finex!

what is going on finex,

people are buying, hundreds in one action

[hdbuck]

Wow, crazy action on Finex!

what is going on finex,

people are buying, hundreds in one action

[koryu]

http://www.reuters.com/article/2015/07/03/us-eurozone-greece-bitcoin-idUSKCN0PD1B420150703?

The Greeks are buying bitcoins to protect themselves from a monetary crash according to Reuters.

yes, greece is very interested in btc right now.
if you didnt check it out yet, take a look at the google trend for bitcoin in greece, it has just reached a new ATH  http://www.google.com/trends/explore#q=bitcoin&geo=GR