Rally!!!!! - page 9. | Bitcointalksearch.org

bassclef

hero member

Activity: 924

Merit: 1000

Quote from: skeletonbit on June 29, 2015, 05:51:15 PM

$256!!! Sure wish we had the blocksize debate solved right now... already we would be in $300 or more

No, price rise is due to the force of accumulation built up since the high-volume January selloff. Whales had to fill their bags which keeps the price down and sentiment bearish. This happens at every market bottom where professional buyers and traders await. Weak hands expecting a turnaround either get shaken out on drops or eventually lose hope and let go. This coils the market like a spring as the bulk of available coin supply goes into relatively few wallets, resulting in fewer coins for sale.

skeletonbit

sr. member

Activity: 284

Merit: 250

Quote from: eerygarden on June 29, 2015, 11:00:56 AM

Quote from: cypherdoc on June 29, 2015, 10:14:59 AM

Quote from: elux on June 29, 2015, 10:06:05 AM

Breaking:

http://www.reuters.com/article/2015/06/29/us-greece-banks-westernunion-idUSKCN0P915J20150629

just when you need 'em most.

kinda like HFT. plenty of liquidity when you don't need it. none when you do.

But why? Perhaps there is an obvious reason so I would appreciate it if someone could fill me in. Surely it would be a great time to do business for WU? No?

Bitcoin vs Western Union: https://www.google.com/trends/explore#q=western%20union%2C%20bitcoin&geo=GR&date=now%207-d&cmpt=q&tz=Etc%2FGMT-2 Shocked

skeletonbit

sr. member

Activity: 284

Merit: 250

$256!!! Sure wish we had the blocksize debate solved right now... already we would be in $300 or more

randy8777

legendary

Activity: 896

Merit: 1000

Quote from: Erdogan on June 27, 2015, 06:06:45 PM

Quote from: randy8777 on June 27, 2015, 05:41:48 PM

Quote from: Amph on June 27, 2015, 02:03:53 PM

Quote from: Hyena on June 27, 2015, 01:23:27 PM

Quote from: ajareselde on June 27, 2015, 01:12:34 PM

This, on the other hand, has much more potential in creating an actual rally.

cheers

248$ and increasing,

we were at above 250 some day ago, i'm not satisfied at all, i'll begin to be excited when we touch 260-275 range at least

people get happy just because the price went up a few bucks. that's sad. i get excited once we're over the $300 level. any movements below $300 aren't worth waiting for.

Sad when other people are happy? Maybe you should talk to someone.

you don't understand it. don't you think it's sad when people get extremely happy when the price goes up $2 ? or some people have low standards, also a possibility.

eerygarden

sr. member

Activity: 406

Merit: 250

Quote from: elux on June 29, 2015, 05:12:45 PM

Quote from: eerygarden on June 29, 2015, 04:03:34 PM

Get it on the telly.

Quote from: dwdoc on June 29, 2015, 04:48:13 PM

Beautiful Jo Ling Kent talking about Bitcoin right now on Fox Business!

Sweet.

Natalia_AnatolioPAMM

full member

Activity: 280

Merit: 100

Quote from: gentlemand on June 29, 2015, 11:17:18 AM

They need some Hawala.

definitely

elux

legendary

Activity: 1458

Merit: 1006

Quote from: eerygarden on June 29, 2015, 04:03:34 PM

Get it on the telly.

Quote from: dwdoc on June 29, 2015, 04:48:13 PM

Beautiful Jo Ling Kent talking about Bitcoin right now on Fox Business!

eerygarden

sr. member

Activity: 406

Merit: 250

Quote from: elux on June 29, 2015, 03:37:58 PM

Unsubstantiated news boosting Bitcoin has arrived:

Greeks are rushing to Bitcoin: http://money.cnn.com/2015/06/29/technology/greece-bitcoin/

Greek crisis stokes bitcoin prices higher: http://www.cnbc.com/id/102796314

http://www.pri.org/stories/2015-06-29/bitcoin-wants-be-answer-greeces-prayers

Just like with Cyprus before the April 2013 rally, just like with China before the November 2013 rally.

Assume no connection to reality. But also: RALLY!

Get it on the telly.

That graph in the cnbc article is so underwhelming though.

elux

legendary

Activity: 1458

Merit: 1006

Unsubstantiated news boosting Bitcoin has arrived:

Greeks are rushing to Bitcoin: http://money.cnn.com/2015/06/29/technology/greece-bitcoin/

Greek crisis stokes bitcoin prices higher: http://www.cnbc.com/id/102796314

http://www.pri.org/stories/2015-06-29/bitcoin-wants-be-answer-greeces-prayers

Just like with Cyprus before the April 2013 rally, just like with China before the November 2013 rally.

Assume no connection to reality. But also: RALLY!

elux

legendary

Activity: 1458

Merit: 1006

Quote from: ragi on June 29, 2015, 11:07:26 AM

They can't have their money to buy anything. You talk about bitcoin...

Quote from: gentlemand on June 29, 2015, 11:17:18 AM

They need some Hawala.

Quote from: elux on June 28, 2015, 09:57:27 PM

Quote from: Cluster2k on June 28, 2015, 09:24:20 PM

I guess we have the answer.

Q: What effect does Greece leaving the Euro have on bitcoin's value?

A: None

History may find your verdict extremely premature.

This terrible situation validates the core concept of Bitcoin.

Because, Bitcoin will not shut down on Monday.

Bitcoin is money beyond the reach of politics.

Money that cannot be censored or confiscated at will.

An alternative that is always there, and just keeps going.

Under adversarial conditions. Indeed, under any conditions.

Come monday, all Greek banks will be closed.

And Bitcoin will be open for business.

On Monday, and every day, in Greece and everywhere, 24/7.

So, it falls on Greeks citizens and Greek companies to make do with any one of three options.

Cash, or barter, or Bitcoin.

And almost all Greeks will choose cash and barter, but Bitcoin will be there.

And when the world comes crashing down,

Bitcoin is the better option.

And so, the great deluge begins with a trickle.

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

They need some Hawala.

ragi

hero member

Activity: 686

Merit: 500

They can't have their money to buy anything. You talk about bitcoin...

eerygarden

sr. member

Activity: 406

Merit: 250

Quote from: ssmc2 on June 29, 2015, 11:05:42 AM

Quote from: eerygarden on June 29, 2015, 11:00:56 AM

Quote from: cypherdoc on June 29, 2015, 10:14:59 AM

Quote from: elux on June 29, 2015, 10:06:05 AM

Breaking:

http://www.reuters.com/article/2015/06/29/us-greece-banks-westernunion-idUSKCN0P915J20150629

just when you need 'em most.

kinda like HFT. plenty of liquidity when you don't need it. none when you do.

But why? Perhaps there is an obvious reason so I would appreciate it if someone could fill me in. Surely it would be a great time to do business for WU? No?

WU still has to rely on banks behind the scenes.

Do you mean if a customer came in wanting to send euros out of the country that he couldn't because of the capital controls the banks have on sending money out of the country? Ok that makes a little sense.

ssmc2

legendary

Activity: 2002

Merit: 1040

Quote from: eerygarden on June 29, 2015, 11:00:56 AM

Quote from: cypherdoc on June 29, 2015, 10:14:59 AM

Quote from: elux on June 29, 2015, 10:06:05 AM

Breaking:

http://www.reuters.com/article/2015/06/29/us-greece-banks-westernunion-idUSKCN0P915J20150629

just when you need 'em most.

kinda like HFT. plenty of liquidity when you don't need it. none when you do.

But why? Perhaps there is an obvious reason so I would appreciate it if someone could fill me in. Surely it would be a great time to do business for WU? No?

WU still has to rely on banks behind the scenes.

eerygarden

sr. member

Activity: 406

Merit: 250

Quote from: cypherdoc on June 29, 2015, 10:14:59 AM

Quote from: elux on June 29, 2015, 10:06:05 AM

Breaking:

http://www.reuters.com/article/2015/06/29/us-greece-banks-westernunion-idUSKCN0P915J20150629

just when you need 'em most.

kinda like HFT. plenty of liquidity when you don't need it. none when you do.

But why? Perhaps there is an obvious reason so I would appreciate it if someone could fill me in. Surely it would be a great time to do business for WU? No?

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Quote from: Hyena on June 29, 2015, 10:15:38 AM

If Greeks cannot buy bitcoin because bank transfers won't be allowed, then can we buy cheap Greek real estate for bitcoins? seems like legit profit model.

Transfers are fine within Greece by the looks of things.

http://www.theguardian.com/world/2015/jun/29/greek-debt-crisis-key-points-athens-bank-controls

You can't send it out of the country. I wonder what the rules are about receiving.

I'd go for a suitcase full of Euros myself. You'd need to budget for surgery after your hand had been bitten off.

cypherdoc

legendary

Activity: 1764

Merit: 1002

Quote from: Hyena on June 29, 2015, 10:15:38 AM

If Greeks cannot buy bitcoin because bank transfers won't be allowed, then can we buy cheap Greek real estate for bitcoins? seems like legit profit model.

sounds legit. to me.

can i haz Santorini?

Hyena

legendary

Activity: 2114

Merit: 1015

If Greeks cannot buy bitcoin because bank transfers won't be allowed, then can we buy cheap Greek real estate for bitcoins? seems like legit profit model.

cypherdoc

legendary

Activity: 1764

Merit: 1002