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

[Its About Sharing]

This is the "unknown" type of stuff that can make BTC run again. Another Cypress and we all saw what that did to BTC.

Greece back in crisis mode on state TV shutdown, downgrade http://www.reuters.com/article/2013/06/12/us-greece-tv-idUSBRE95A0ZN20130612 (Saw this mentioned in another thread btw.)

(Reuters) - Greece's government faced an internal revolt and public outrage on Wednesday over the sudden closure of state broadcaster ERT, hours after the humiliation of seeing its bourse downgraded to emerging market status.

The prism thing is starting to blow up. Seems like the NSA wasn't just spying on people, but perhaps on corporations in other countries as well. Just watch the first 10 mins or so of todays Max Keisser https://www.youtube.com/watch?v=-J2tlG6gmnc&list=SPPszygYHA9K2ZtV_1KphSugBB7iZqbFyz&index=56

Things are starting to build up again.

This can get ugly...

[Coinseeker]

I say, now that we've broken through $111, it's $119 by Saturday.

Exactly!  

[adamstgBit]

180 in less than 13 days  

Do you want to bet on it?

do you accept Abstract Coin  

I accept BTC and Paypal. So?

EDIT: LTC is fine too.

last time i made a bet like this I lost 1 BTC..

i'd rather bet by buying or selling the coins themselves

[lucas.sev]

180 in less than 13 days  

Do you want to bet on it?

do you accept Abstract Coin  

I accept BTC and Paypal. So?

EDIT: LTC is fine too.

last time i made a bet like this I lost 1 BTC..

i'd rather bet by buying or selling the coins themselves

C'mon it's sure gain for you, after all in less than 13 days it's going to be 180, huh?
Why are you spreading such bullshit if you are not willing to put the money where your mouth is?

[StarenseN]

but then, do you want to attract the attention of the EU?

What do you mean?

[ShroomsKit]

This is the "unknown" type of stuff that can make BTC run again. Another Cypress and we all saw what that did to BTC.

Actually, no, we didn't.

[Richy_T]

If you pour hot water out of the tap into a pot your attention span must be about the one of a ADD patient not to be able to watch it.

Don't do this in the UK.

[Rampion]

but then, do you want to attract the attention of the EU?

What do you mean?

FYI: http://www.eurogendfor.org

[stereotype]

Businesses want to make money. You said you are a capitalist, right. Well, if you could drop visa, mastercard, etc. and increase some of your sales profits by 2%-4%, why would you "snub" that?

There is some small ideas and big ideas to enforce BTC, though. We already gave Bitcointip in Haikko, and I am likely extending it to Punavuori (an area in the center part of Helsinki where about 5000-10000 people live). We will dole out free millibitcoins as bills, and inform all the restaurants there that if they serve their clients well, they will receive tips (because tips are already there in the hands of their clientele - we have give them out for free to all the inhabitants Then the restaurants can cash them in for euros, or redeem them for actual bitcoins. Or keep them in circulation as bitcoin-denominated change.

July 7th, the restaurants in central-southern Helsinki area would all be delivered a bulletin, concerning What is Bitcointip. They are small bills that soon will come to circulation and can at any time be exhanged for euros, or redeemed as physical bitcoins by bringing them to an exchange point (the area where this experiment is conducted is only about 100 acres (40 ha) and walkable. After a restaurateur sign, the tip is redeemable.

There are only about 5600 apartments below a certain line that classifies the area as South-Helsinki. These all can be delivered by mass mailing. Actually we believe that most of the salvos empty themselves in the trashcan, so the payload would be about 800 bitcoin-sheets which is 3,200 bitcointip notes. Free money can also be given on the streets to the ones who know. We need several Bitcoin-T-shirts for that (remember my earlier idea if the summit were oversold...)

There are about 300 restaurants in the area, I believe we have quite good ratios, if the number of actually usable tipnotes exceeds the restaurants by a factor of 10.

I thought the restaurant approach might work in Brussels as well (many restaurants in a tight area), but then, do you want to attract the attention of the EU?

They already know   http://www.ecb.int/pub/pdf/other/virtualcurrencyschemes201210en.pdf)

[Frozenlock]

adamstgBit, we went past $110... did you panic buy like you said you would? 

[KS]

but then, do you want to attract the attention of the EU?

What do you mean?

This can swing both ways, good or bad.

If you attract the attention of the EU officials (in Brussels, you cannot *not* bump into them), you put BTC on the EU map which is potentially a good thing, but you also risk exposing it to unwanted regulation, which could be a hindrance.

I'd be interested to know how things turn out in Helsinki.

[adamstgBit]

adamstgBit, we went past $110... did you panic buy like you said you would?  

no i just woke up.

i think i will be buying today, tho.

need to do some more TA wishful thinking to reassure myself

[Rampion]

adamstgBit, we went past $110... did you panic buy like you said you would?  

no i just woke up.

i think i will be buying today, tho.

need to do some more TA wishful thinking to reassure myself

Man, we are at $110.00 - BUY BUY BUY!!!

Need any more of that?

[Its About Sharing]

This is the "unknown" type of stuff that can make BTC run again. Another Cypress and we all saw what that did to BTC.

Actually, no, we didn't.

Maybe you work better with pictures.  

"On 25 March 2013, a €10 billion bailout was announced in return for Cyprus..."
Note, it was talked about before it happened. Just look at mid to late March and what followed. Clearly no coincidence.

[stereotype]

but then, do you want to attract the attention of the EU?

What do you mean?

This can swing both ways, good or bad.

If you attract the attention of the EU officials (in Brussels, you cannot *not* bump into them), you put BTC on the EU map which is potentially a good thing, but you also risk exposing it to unwanted regulation, which could be a hindrance.

I'd be interested to know how things turn out in Helsinki.

Would you be surprised if senior members of HM Government (HMRC/MOD/Treasury), are talking to prominent members of the UK Bitcoin community? The attention phase has passed.

[KS]

Businesses want to make money. You said you are a capitalist, right. Well, if you could drop visa, mastercard, etc. and increase some of your sales profits by 2%-4%, why would you "snub" that?

There is some small ideas and big ideas to enforce BTC, though. We already gave Bitcointip in Haikko, and I am likely extending it to Punavuori (an area in the center part of Helsinki where about 5000-10000 people live). We will dole out free millibitcoins as bills, and inform all the restaurants there that if they serve their clients well, they will receive tips (because tips are already there in the hands of their clientele - we have give them out for free to all the inhabitants Then the restaurants can cash them in for euros, or redeem them for actual bitcoins. Or keep them in circulation as bitcoin-denominated change.

July 7th, the restaurants in central-southern Helsinki area would all be delivered a bulletin, concerning What is Bitcointip. They are small bills that soon will come to circulation and can at any time be exhanged for euros, or redeemed as physical bitcoins by bringing them to an exchange point (the area where this experiment is conducted is only about 100 acres (40 ha) and walkable. After a restaurateur sign, the tip is redeemable.

There are only about 5600 apartments below a certain line that classifies the area as South-Helsinki. These all can be delivered by mass mailing. Actually we believe that most of the salvos empty themselves in the trashcan, so the payload would be about 800 bitcoin-sheets which is 3,200 bitcointip notes. Free money can also be given on the streets to the ones who know. We need several Bitcoin-T-shirts for that (remember my earlier idea if the summit were oversold...)

There are about 300 restaurants in the area, I believe we have quite good ratios, if the number of actually usable tipnotes exceeds the restaurants by a factor of 10.

I thought the restaurant approach might work in Brussels as well (many restaurants in a tight area), but then, do you want to attract the attention of the EU?

They already know   http://www.ecb.int/pub/pdf/other/virtualcurrencyschemes201210en.pdf)

Yes, that "drug money coin"...  

However, it's one thing to "know about it" and another to be directly confronted with it in a totally LEGAL fashion. They might actually be shocked in realizing there are other uses to BTC and that THEY can be a part of it too (if they choose to). It's going to be a reality check for them.

[Ivanhoe]

but then, do you want to attract the attention of the EU?

What do you mean?

This can swing both ways, good or bad.

If you attract the attention of the EU officials (in Brussels, you cannot *not* bump into them), you put BTC on the EU map which is potentially a good thing, but you also risk exposing it to unwanted regulation, which could be a hindrance.

I'd be interested to know how things turn out in Helsinki.

Maybe a stupid question from my side, however i could not think of a answer.
How do you see Brussel ( or an other government ) regulate Bitcoin?

[lucas.sev]

adamstgBit, we went past $110... did you panic buy like you said you would?  

no i just woke up.

i think i will be buying today, tho.

need to do some more TA wishful thinking to reassure myself

Just to confirm, you are not willing to bet that we will reach 180 in 13 days like you claimed?

[Rampion]

adamstgBit, we went past $110... did you panic buy like you said you would?  

no i just woke up.

i think i will be buying today, tho.

need to do some more TA wishful thinking to reassure myself

Just to confirm, you are not willing to bet that we will reach 180 in 13 days like you claimed?

He already said NO.

[KS]

but then, do you want to attract the attention of the EU?

What do you mean?

This can swing both ways, good or bad.

If you attract the attention of the EU officials (in Brussels, you cannot *not* bump into them), you put BTC on the EU map which is potentially a good thing, but you also risk exposing it to unwanted regulation, which could be a hindrance.

I'd be interested to know how things turn out in Helsinki.

Would you be surprised if senior members of HM Government (HMRC/MOD/Treasury), are talking to prominent members of the UK Bitcoin community? The attention phase has passed.

Oh, I think it's just starting.