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

[Anon136]

Italy panic over, normal selling will resume shortly.

If this is true though, it will show us something very interesting. I have been trying to figure out lately whether the market is viewing bitcoin as another tech stock or a flight to liquidity style asset. It would appear that it's both. It seems that bitcoin likes either extreme and dislikes a status quo future.

[JayJuanGee]

Good afternoon Bitcoinland

Finally back in civilization (Playa del Carmen) after 2 weeks without phone or internet access in the jungle. Seems the hombre who provides the local internet service was away because his mother died and when a power outage crashed his system there was nobody to restart it.

I see the price has continued to slide since I left Canada and while it isn't as bad as during the winter, it's perilously close to $7k... currently $7228USD/$9397CAD (Bitcoinaverage).

Being under 5 digits CAD is depressing. Hopefully it'll pick up after I head north.  

You buying some when you get back?  or what would be your "sufficient of enough dip" price point to buy?

[Karartma1]

Shall we buy Italy with bitcoins? a part of it? They have excellent food over there.
Joking aside they are in a very shitty situation, they basically don't have a government!

[Anon136]

Joking aside they are in a very shitty situation, they basically don't have a government!

Are you sure that isn't the opposite of a problem?

[jojo69]

Shall we buy Italy with bitcoins? a part of it? They have excellent food over there.
Joking aside they are in a very shitty situation, they basically don't have a government!

no government does not sound like a shitty situation to me

[kraterion]

Shall we buy Italy with bitcoins? a part of it? They have excellent food over there.
Joking aside they are in a very shitty situation, they basically don't have a government!

Like in the past 10 years basically? I can tell you this since I'm Italian (and I agree on food and please, WINE). My bet is, next first minister, Mario Draghi and btc to $30k

[jbreher]

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[Karartma1]

Shall we buy Italy with bitcoins? a part of it? They have excellent food over there.
Joking aside they are in a very shitty situation, they basically don't have a government!

no government does not sound like a shitty situation to me

mmm
nice one!

nonetheless, this doesn't mean there's no "government" if you know what I am saying 

[mindrust]

Shall we buy Italy with bitcoins? a part of it? They have excellent food over there.
Joking aside they are in a very shitty situation, they basically don't have a government!

I'd like to have a villa in Italy and a Ferrari to drive. Ferrari because I want to support the economy. Lambo's are German.

[Jet Cash]

no government does not sound like a shitty situation to me

We don't have a proper government in the UK, and the arrest and imprisonment of Tommy Robinson may become more significnt thn the Italian crisis. It's opening up a massive can of worms.

[Dunkelheit667]

Shall we buy Italy with bitcoins? a part of it? They have excellent food over there.
Joking aside they are in a very shitty situation, they basically don't have a government!

no government does not sound like a shitty situation to me

I can confirm this assumption. Last autumn and winter Germany had (technically) no government for some months. It was refreshing, the amount of political bullshit discussions has been halved. Anyway, they're back in business and weirder than before.

[Karartma1]

Shall we buy Italy with bitcoins? a part of it? They have excellent food over there.
Joking aside they are in a very shitty situation, they basically don't have a government!

I'd like to have a villa in Italy and a Ferrari to drive. Ferrari because I want to support the economy. Lambo's are German.

Wrong.
It's owned by Ferrari N.V. (naamloze vennootschap) which is a dutch legal entity (from Exor group another dutch legal entity in the hands of the Agnelli's)

[European Central Bank]

no government does not sound like a shitty situation to me

We don't have a proper government in the UK, and the arrest and imprisonment of Tommy Robinson may become more significnt thn the Italian crisis. It's opening up a massive can of worms.

belgium did just fine without a government for many, many months. and italy has never had governments that did anything other than implode after a few months.

as for that robinson guy, all he had to do was not jeopardise the trial he was jeopardising. he was given plenty of warning and was told what would happen if he did what he carried on doing. anyone else would've been jailed too. the far right can spin it all they want.

[d_eddie]

(snip quotes)

The first big enough long that gets rekt we're in for a few domino ripples.

... or short.

[greensheep]

no government does not sound like a shitty situation to me

We don't have a proper government in the UK, and the arrest and imprisonment of Tommy Robinson may become more significnt thn the Italian crisis. It's opening up a massive can of worms.

belgium did just fine without a government for many, many months.

To be exact 541 days

https://en.wikipedia.org/wiki/2010%E2%80%9311_Belgian_government_formation

[Robin,Hood]

Shall we buy Italy with bitcoins? a part of it? They have excellent food over there.
Joking aside they are in a very shitty situation, they basically don't have a government!

no government does not sound like a shitty situation to me

Governments are not needed.
Northern Ireland has no working government for 1 year and a half now, and germany has none for some time now, or?

[jojo69]

Governments are not needed.

well, if the goddamned things can not even provide a stable currency I fail to see much reason for them

[Ludwig Von]

no government does not sound like a shitty situation to me

We don't have a proper government in the UK, and the arrest and imprisonment of Tommy Robinson may become more significnt thn the Italian crisis. It's opening up a massive can of worms.

belgium did just fine without a government for many, many months.

To be exact 541 days

https://en.wikipedia.org/wiki/2010%E2%80%9311_Belgian_government_formation

To be exact : we did not go backwards faster without government, rather slower. :-)

[bitcoinPsycho]

$7990 in 5 hours (to be confirmed)

[RewFrew]

I noticed something on this thread.

The big and medium bitcoin stacks holder that are posting here for years turned to be talking like this now:

  1/ When bitcoin is dumping very hard = they post about bitcoin price in a very conservative bearish mode + less
      posts.

  2/ When bitcoin price pumping = like the rich peoples on gala charity they talks with good manners about weather, kids, vacations... The rich bitcoiners here talks very hard about jews, then silver, then jews, then silver.. and other bullshit topics ( thats the good manners of the rich bitcoiners).