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

[freebit13]

I think we will still be around the $280 mark on Thursday, what happens in between is anyone's guess. We are on a slow move upwards, with wild swings in-between, trade them at your peril!

[Mrpumperitis]

http://www.bbc.co.uk/news/world-europe-33503955   this why we crashing, looks like back to $260s 

[inca]

280s likely hold..

[eerygarden]

Awaiting the bears

25 dollars late for that..

I just woke up.

[freebit13]

Don't forget that on the way up, there will be a lot of people who have been waiting 6-8 months for these prices, just to get out and break even... it's not going to be a skyrocket.

[Fiat_Hodler]

Who had enough BTC to dump?
 not many shorts even opened and we have such ongoing crash?
http://bfxdata.com/swaphistory/btc.php

[inca]

BTC still up 24% last month.

Relax people. We wanted a dip to buy on. This is it.

[freedomno1]

Such dump, what happened?

greece deal was reached: http://www.itv.com/news/story/2015-07-13/eurozone-leaders-reach-agreement-on-greece-debt-deal/

That actually makes a lot of sense given that it was recent news
Nice find didn't even know that occurred but it looks like the markets reacted instantly to it.

French President Francois Hollande has said "Europe has won" as a debt deal was struck with Greece.

He said that to have lost Greece as a member would have been to lose "the heart of our civilisation" and called on the Greek parliament to convene within hours to adopt the new package of austerity measures.

Greek banks are expected to remain closed for a few more days while details of the package are finalised.

[Fiat_Hodler]

Such dump, what happened?

greece deal was reached: http://www.itv.com/news/story/2015-07-13/eurozone-leaders-reach-agreement-on-greece-debt-deal/

That actually makes a lot of sense given that it was recent news
Nice find didn't even know that occurred but it looks like the markets reacted instantly to it.

French President Francois Hollande has said "Europe has won" as a debt deal was struck with Greece.

He said that to have lost Greece as a member would have been to lose "the heart of our civilisation" and called on the Greek parliament to convene within hours to adopt the new package of austerity measures.

Greek banks are expected to remain closed for a few more days while details of the package are finalised.

I guess our dreams of a whole country potentially mass adopting BTC in the near future due to a crisis have been shelved...
What is the actual current value of BTC without the greece crisis? it will probably go down? guesses as to price? Ill set some buys slightly below to catch the knife. Dont know what number though :s

[freebit13]

I guess our dreams of a whole country potentially mass adopting BTC in the near future due to a crisis have been shelved...
What is the actual current value of BTC without the greece crisis? it will probably go down? guesses as to price? Ill set some buys slightly below to catch the knife. Dont know what number though :s

Intelligent people won't swap their bitcoin for Euros, they know the situation that is coming down the road. I think what we are seeing here is market manipulation by some bigger fish, knowing that the btc masses are going to panic buy/sell and cause huge swings and pandemonium... perfect situation for intelligent traders to make money.

[Master One]

[inca]

Such dump, what happened?

greece deal was reached: http://www.itv.com/news/story/2015-07-13/eurozone-leaders-reach-agreement-on-greece-debt-deal/

That actually makes a lot of sense given that it was recent news
Nice find didn't even know that occurred but it looks like the markets reacted instantly to it.

French President Francois Hollande has said "Europe has won" as a debt deal was struck with Greece.

He said that to have lost Greece as a member would have been to lose "the heart of our civilisation" and called on the Greek parliament to convene within hours to adopt the new package of austerity measures.

Greek banks are expected to remain closed for a few more days while details of the package are finalised.

I guess our dreams of a whole country potentially mass adopting BTC in the near future due to a crisis have been shelved...
What is the actual current value of BTC without the greece crisis? it will probably go down? guesses as to price? Ill set some buys slightly below to catch the knife. Dont know what number though :s

The uptrend is intact.
I have a buy set for 275.
Also a cheeky entry at 285.

[cbeast]

http://www.bbc.co.uk/news/world-europe-33503955   this why we crashing, looks like back to $260s 

I can almost hear the sigh of relief in Greece. Back to business as usual, nothing to see here. Or maybe this is the makings of a modern Greek Epic. Perhaps Bitcoin will become the new hero's quest.

[ChartBuddy]

Coin
Explanation

[freebit13]

http://www.bbc.co.uk/news/world-europe-33503955   this why we crashing, looks like back to $260s 

I can almost hear the sigh of relief in Greece. Back to business as usual, nothing to see here. Or maybe this is the makings of a modern Greek Epic. Perhaps Bitcoin will become the new hero's quest.

I don't think it will be business as usual, the people have experienced the banks being closed for weeks, that will affect the future. The austerity package will probably be worse than the first offer and they will be raising taxes, this is not a good thing, neither was a grexit.

We've seen a great political show for the last few weeks, but the end result will be the same as it would have been, if not worse.

I'm not sure the Greeks have been buying that much bitcoin without access to their funds, we'll find out once the banks open again.

[BTCtrader71]

In the past few hours (after the news of the a-Greek-ment) BTCUSD looks a helluva lot like EURUSD.

[Elwar]

Still a bull market medium and long term. Staying above $240 takes us out of the bear market.

[spooderman]

The uptrend is intact.
I have a buy set for 275.
Also a cheeky entry at 285.

i do love a cheeky entry

[inca]

Let the remaining weak hands sell then we can restart the wall of worry once again..

[relm9]

Hmm... EUR/USD is down on the deal, spiked briefly but then took a dive.

As for Bitcoin I'm thinking we'll stay above 280.