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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21491. (Read 26709389 times)

full member
Activity: 121
Merit: 100
As far as I can tell, the grexit -> BTC rally theory hinges on the idea that capital controls would immediately follow from Greece leaving the Euro behind. Doesn't make much sense to me - to escape capital controls, you'd need to get your funds out of reach of the Greek government/banking apparatus before capital controls were in place.

Not necessarily. Capital controls woul only affect bank transfers to foreign accounts and cash outs. So bitcoins could be bought in Greece to circumvent capital controls.
legendary
Activity: 896
Merit: 1000
Time for alts to crash?  Grin
When did they rally? Lol
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1615
Merit: 1000
As far as I can tell, the grexit -> BTC rally theory hinges on the idea that capital controls would immediately follow from Greece leaving the Euro behind. Doesn't make much sense to me - to escape capital controls, you'd need to get your funds out of reach of the Greek government/banking apparatus before capital controls were in place.
legendary
Activity: 1792
Merit: 1047
legendary
Activity: 1498
Merit: 1000
Draghi gave Greek banks money hence maybe the dump (no Grexit)

As far as any thoughts of Greece abandoning the euro and adopting Bitcoin.

1. Greece will not default, they'll get bailed out. Any hyped news is just posturing by one side or the other for leverage.
2. Hardly anyone in Greece knows about Bitcoin. They are not a technologically advanced country where Bitcoin would be able to be of much use. Try telling the old Greek voter that they now have to use digital money backed by cryptography.
Pretty much agree.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Draghi gave Greek banks money hence maybe the dump (no Grexit)

As far as any thoughts of Greece abandoning the euro and adopting Bitcoin.

1. Greece will not default, they'll get bailed out. Any hyped news is just posturing by one side or the other for leverage.
2. Hardly anyone in Greece knows about Bitcoin. They are not a technologically advanced country where Bitcoin would be able to be of much use. Try telling the old Greek voter that they now have to use digital money backed by cryptography.
member
Activity: 112
Merit: 10
I'm Just Try
The question is: How long will the Finex-Buyer(s) withstand the price-drop on OKCoin/Stamp/etc. Wink

I guess until he reaches his goal, that is profit. but see the next few days
hero member
Activity: 583
Merit: 500
A separate thread has been started just to talk about the Finex staircase  Cheesy

https://bitcointalk.org/index.php?topic=1093256.0;topicseen
legendary
Activity: 1792
Merit: 1047
qwk
donator
Activity: 3542
Merit: 3413
Shitcoin Minimalist
Now let's find out, how real the walls on BitFinex are Grin
Looks like walls aren't fake... Eating all the shorts Cool
legendary
Activity: 1176
Merit: 1000
Why would everyone get out now?

One small buy and we are at 275.
hero member
Activity: 569
Merit: 505
Now let's find out, how real the walls on BitFinex are Grin

Looks like walls aren't fake... Eating all the shorts Cool

Good for everyone, to get out late Cheesy
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
member
Activity: 68
Merit: 10
Now let's find out, how real the walls on BitFinex are Grin

There's a big step at 247 and another at 245. I'm thinking if someone dumps through those everything behind them will automatically get pulled. We haven't had a big move for a while so it's time something happened.
hero member
Activity: 569
Merit: 505
The question is: How long will the Finex-Buyer(s) withstand the price-drop on OKCoin/Stamp/etc. Wink
hero member
Activity: 583
Merit: 500
Now let's find out, how real the walls on BitFinex are Grin


400 BTC market sell brings us down $2 and the wall looks like it's there to stay. Same thing happened yesterday around the same time.
hero member
Activity: 569
Merit: 505
Now let's find out, how real the walls on BitFinex are Grin
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