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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22976. (Read 26709647 times)

legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
7 days until the Euro crashes. Can't wait.

I'm assuming you are referring to the troika's demand that Greece submit a bail-out plan that they will not submit, prompting a Greek Gov't shutdown and a massive bank-run. 

If this plays out as expected, the Euro will lose value against the GBP, Swiss Franc and USD, but that doesn't necessarily mean it will crash.  What it will mean for bitcoin prices is far from certain. I don't see the price appreciating significantly in US Dollars until it becomes more widely utilized as a means to evade capital controls.

Why isn't it being used this way yet??

The tools to handle the necessary amounts securely and privately are not well-developed enough for the stupid rich .... yet.
hero member
Activity: 742
Merit: 500
boring shit, miss the drama Grin
hero member
Activity: 583
Merit: 500
7 days until the Euro crashes. Can't wait.

I'm assuming you are referring to the troika's demand that Greece submit a bail-out plan that they will not submit, prompting a Greek Gov't shutdown and a massive bank-run. 

If this plays out as expected, the Euro will lose value against the GBP, Swiss Franc and USD, but that doesn't necessarily mean it will crash.  What it will mean for bitcoin prices is far from certain. I don't see the price appreciating significantly in US Dollars until it becomes more widely utilized as a means to evade capital controls.

Why isn't it being used this way yet??

Because capital controls haven't been implemented to any great degree yet.

I would say it's more volatility, lack of confidence in the tech, and lack of easy ways to move large chunks of fiat in and out of BTC without attracting attention from regulators.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1120
Merit: 1000
7 days until the Euro crashes. Can't wait.

I'm assuming you are referring to the troika's demand that Greece submit a bail-out plan that they will not submit, prompting a Greek Gov't shutdown and a massive bank-run. 

If this plays out as expected, the Euro will lose value against the GBP, Swiss Franc and USD, but that doesn't necessarily mean it will crash.  What it will mean for bitcoin prices is far from certain. I don't see the price appreciating significantly in US Dollars until it becomes more widely utilized as a means to evade capital controls.

the euro already lost some value in the past weeks.

And I doubt people will use BTC as capital control while the prices keep falling, so I see a chick and egg problem here
legendary
Activity: 1106
Merit: 1007
Hide your women
7 days until the Euro crashes. Can't wait.

I'm assuming you are referring to the troika's demand that Greece submit a bail-out plan that they will not submit, prompting a Greek Gov't shutdown and a massive bank-run. 

If this plays out as expected, the Euro will lose value against the GBP, Swiss Franc and USD, but that doesn't necessarily mean it will crash.  What it will mean for bitcoin prices is far from certain. I don't see the price appreciating significantly in US Dollars until it becomes more widely utilized as a means to evade capital controls.

Why isn't it being used this way yet??

Because capital controls haven't been implemented to any great degree yet.
hero member
Activity: 504
Merit: 500
Moderator
Holy shit:

An actual picture from a flow of pilgrims from Greece, walkin to Bulgaria tryin to deliver their cash to BTC-E to buy coins.

legendary
Activity: 1512
Merit: 1000
@theshmadz
7 days until the Euro crashes. Can't wait.

I'm assuming you are referring to the troika's demand that Greece submit a bail-out plan that they will not submit, prompting a Greek Gov't shutdown and a massive bank-run. 

If this plays out as expected, the Euro will lose value against the GBP, Swiss Franc and USD, but that doesn't necessarily mean it will crash.  What it will mean for bitcoin prices is far from certain. I don't see the price appreciating significantly in US Dollars until it becomes more widely utilized as a means to evade capital controls.

Worldwide market turbulence in the coming months.

Please return your trays to the upright, locked position and fasten your seatbelts!

Those with a queasy stomach may want to keep a barf bag handy.  Grin
legendary
Activity: 1260
Merit: 1116
7 days until the Euro crashes. Can't wait.

I'm assuming you are referring to the troika's demand that Greece submit a bail-out plan that they will not submit, prompting a Greek Gov't shutdown and a massive bank-run. 

If this plays out as expected, the Euro will lose value against the GBP, Swiss Franc and USD, but that doesn't necessarily mean it will crash.  What it will mean for bitcoin prices is far from certain. I don't see the price appreciating significantly in US Dollars until it becomes more widely utilized as a means to evade capital controls.

Why isn't it being used this way yet??
hero member
Activity: 583
Merit: 500
7 days until the Euro crashes. Can't wait.

I'm assuming you are referring to the troika's demand that Greece submit a bail-out plan that they will not submit, prompting a Greek Gov't shutdown and a massive bank-run. 

If this plays out as expected, the Euro will lose value against the GBP, Swiss Franc and USD, but that doesn't necessarily mean it will crash.  What it will mean for bitcoin prices is far from certain. I don't see the price appreciating significantly in US Dollars until it becomes more widely utilized as a means to evade capital controls.

+1 THIS
hero member
Activity: 504
Merit: 500
Moderator
legendary
Activity: 1106
Merit: 1007
Hide your women
7 days until the Euro crashes. Can't wait.

I'm assuming you are referring to the troika's demand that Greece submit a bail-out plan that they will not submit, prompting a Greek Gov't shutdown and a massive bank-run. 

If this plays out as expected, the Euro will lose value against the GBP, Swiss Franc and USD, but that doesn't necessarily mean it will crash.  What it will mean for bitcoin prices is far from certain. I don't see the price appreciating significantly in US Dollars until it becomes more widely utilized as a means to evade capital controls.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 462
Merit: 107
★Bitvest.io★ Play Plinko or Invest!
Hmm Old Crypto taking big positions at BTCe. Could be bullish.

PPC was pumped and dumped like some whore. 200% up in 2 hours then dump to starting point.

Doesn't mean the buyer(s) dumped it all. Looks like the buying ran into heavy sell orders by the looks of those candle wicks. Probably bagholders cashing out.

Just wonder why they would choose to resurrect those old school coins.

A huge bagholder(David Pate?) pumped the price a last time to finally get out. Pretty obvious, or do you think that PPC has any future.
The same is happening with BTC right now, only in slow motion(the dump, so that potential buyers(future bagholders) do not get scared away).
David Pate lol
I remember that dude

Didn´t lose about 1-2000 BTC while pumping MCXshares on mcxnow.com , lol.

Edit: Lol, his last tweets:
"In need for a epic BTC pump, Fontas, where you at?!?!"
"Hey Russians, your money is junk, buy Bitcoin!!!"
"My BTC, My BTC, why have you forsaken me?"
"Just trying to end the day with more coin than I started with."
"Just finished talking with EU lawyer to get ball rolling in my lawsuit against KNC, this should be interesting to say the least."
As BTC/LTC get ready for lift off, all I can do is sit here and wonder if I have bought enough. I think I will go mortgage the house..

https://twitter.com/davidpate8/status/564467854204878848

That guy is the definition of a bagholder.  Cheesy Cheesy
I guess Karma does exist. That´s what he received for pumping alts on BTC-E
He wrote this in October, saying that the price was too low for him (a miner) to profit, price was at $375!  Shocked Shocked Shocked

https://twitter.com/davidpate8/status/517325086307913728


Imagine how he's doing (would do?) now  Cheesy

hero member
Activity: 504
Merit: 500
Moderator
hero member
Activity: 504
Merit: 500
Moderator
Hmm Old Crypto taking big positions at BTCe. Could be bullish.

PPC was pumped and dumped like some whore. 200% up in 2 hours then dump to starting point.

Doesn't mean the buyer(s) dumped it all. Looks like the buying ran into heavy sell orders by the looks of those candle wicks. Probably bagholders cashing out.

Just wonder why they would choose to resurrect those old school coins.

A huge bagholder(David Pate?) pumped the price a last time to finally get out. Pretty obvious, or do you think that PPC has any future.
The same is happening with BTC right now, only in slow motion(the dump, so that potential buyers(future bagholders) do not get scared away).
David Pate lol
I remember that dude

Didn´t he lose about 1-2000 BTC while pumping MCXshares on mcxnow.com?  lol.

Edit: Lol, his last tweets:
"In need for a epic BTC pump, Fontas, where you at?!?!"
"Hey Russians, your money is junk, buy Bitcoin!!!"
"My BTC, My BTC, why have you forsaken me?"
"Just trying to end the day with more coin than I started with."
"Just finished talking with EU lawyer to get ball rolling in my lawsuit against KNC, this should be interesting to say the least."
As BTC/LTC get ready for lift off, all I can do is sit here and wonder if I have bought enough. I think I will go mortgage the house..

https://twitter.com/davidpate8/status/564467854204878848

That guy is the definition of a bagholder.  Cheesy Cheesy

I guess Karma does exist. That´s what he received for pumping alts on BTC-E
hero member
Activity: 504
Merit: 500
1NtkLdA98eGnsn8nEKpBGRd2VYGNBkGzd6
7 days until the Euro crashes. Can't wait.
hero member
Activity: 924
Merit: 1000
Is someone talking? Fozzie, is that you?

Your voice is indeed mellifluous.
full member
Activity: 462
Merit: 107
★Bitvest.io★ Play Plinko or Invest!
Hmm Old Crypto taking big positions at BTCe. Could be bullish.

PPC was pumped and dumped like some whore. 200% up in 2 hours then dump to starting point.

Doesn't mean the buyer(s) dumped it all. Looks like the buying ran into heavy sell orders by the looks of those candle wicks. Probably bagholders cashing out.

Just wonder why they would choose to resurrect those old school coins.

A huge bagholder(David Pate?) pumped the price a last time to finally get out. Pretty obvious, or do you think that PPC has any future.
The same is happening with BTC right now, only in slow motion(the dump, so that potential buyers(future bagholders) do not get scared away).
David Pate lol
I remember that dude
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