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

[Bitcoin Haber]

here we go again... hope we can break 275 and hold it this time.

I believe we can see 300$ resistance until the end of this week.

[Denker]

We are going up again.
Wow! Litecoin +20% on coinmarketcap.Nice pump.

[ChartBuddy]

Coin
Explanation

[cyclotronmajesty]

We are going up again.
Wow! Litecoin +20% on coinmarketcap.Nice pump.

Litecoin has a strong wall at 5 dollars + It's gonna take some force to break... traders seem trepidatious to push through it, but it can be done if slowly I think...

[Norway]

Nice, steady climb the last hour...

[JorgeStolfi]

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

Indeed, but I don't quite understand, why Portugal is NOSE DIVING!!!?

http://www.google.com/trends/explore#q=bitcoin&geo=PT&date=1%2F2012%2043m&cmpt=q&tz=Etc%2FGMT-5%3A30

Try adding some other term, like "paypal".  It looks like a general treend of google usage, or just a glitch.

[LFC_Bitcoin]

https://twitter.com/bgurley/status/617848123390427137 

Hmmm 350 would be amazing by the end of the week but I'm not sure if that's realistic at the moment. I'd love to be proved wrong though. Even to just get above (and stay above) 300 would be bullish & for me signals the end of the bear market. It's about time we turned the corner, BTC has taken a real kicking over the past year & a bit, it'll be a very welcome sight when we return to our 'former glories'

[PhilipMorris]

BTC-e struggling to go past 270, maybe because of that 200k sell wall hmmmm

[cyclotronmajesty]

BTC-e struggling to go past 270, maybe because of that 200k sell wall hmmmm

yep... 600 coins... now down to almost 300.... slowing things down overall.

[PhilipMorris]

And someone just put up another 150 BTC @ 270. Someone doesn't want the price to go up. 

[LFC_Bitcoin]

274.68 on Stamp. Anybody know what % we're up over the last month or so. Things are looking really bullish at the moment, the pessimist in me just wonders how much longer this will continue. We've been battered for so long, I'm just hesitant to get too hopeful only for us to get dumped on again.

What's pushing this swing in sentiment, it can't just be Greece can it? 

[unent]

274.68 on Stamp. Anybody know what % we're up over the last month or so. Things are looking really bullish at the moment, the pessimist in me just wonders how much longer this will continue. We've been battered for so long, I'm just hesitant to get too hopeful only for us to get dumped on again.

What's pushing this swing in sentiment, it can't just be Greece can it?  

Coinmarketcap only gives these percentages for up to a week,

% 1 hour   = 0.82 %

% 24 hours = 4.94 %

% 7 days = 8.22 %

Its Bitcoin chart shows $225 at the start of the month and $275 today. Maths isn't my strong point so I thought I'd let someone else do the calculation.

[Fatman3001]

274.68 on Stamp. Anybody know what % we're up over the last month or so. Things are looking really bullish at the moment, the pessimist in me just wonders how much longer this will continue. We've been battered for so long, I'm just hesitant to get too hopeful only for us to get dumped on again.

What's pushing this swing in sentiment, it can't just be Greece can it? 

21.91% according to bitcoinwisdom.com

[Lauda]

274.68 on Stamp. Anybody know what % we're up over the last month or so. Things are looking really bullish at the moment, the pessimist in me just wonders how much longer this will continue. We've been battered for so long, I'm just hesitant to get too hopeful only for us to get dumped on again.

What's pushing this swing in sentiment, it can't just be Greece can it?  

21.91% according to bitcoinwisdom.com

The price was around $225, exactly a month ago (June, 6th). Well I don't know if it is just Greece. The important thing is that the media is reporting  what is going on in Greece and that Greeks are buying Bitcoin (even if they exaggerate it). While it might be a bit late for Greeks (because of the daily withdrawal limit), people in other countries can save themselves.
I wonder where the price will stabilize. With small % of daily growth we can't go wrong. If the price goes too high quickly, someone will probably dump (a lot).

We are going up again.
Wow! Litecoin +20% on coinmarketcap.Nice pump.

Litecoin has a strong wall at 5 dollars + It's gonna take some force to break... traders seem trepidatious to push through it, but it can be done if slowly I think...

Such growth is not sustainable, especially not coins with weaker infrastructure. It will bounce back, hard.
Note: This isn't a thread about Litecoin.

[kevindurant]

Where is our 300$ coins? I need to sell some to pay my credit card bills. Let's choo choo motherf---er.

[ChartBuddy]

Coin
Explanation

[aztecminer]

made it through the weekend. its a good day to get my new coins @coinbase i bought last week! i still have all my other coins have been untouched... these are new coins bought with new money!

[madmat]

Wall on btc-e is just getting eaten.

[TaurusBit]

Here we go again, let's go bulls.

[bassclef]

This is the force of accumulation at work friends, what have I been telling you about for months? it coils the market like a spring and when there is a proper catalyst (the Greek crisis in this case) that brings in the slightest bit of demand, the exchange prices skyrocket because there is so little left to sell. Happy trading!