$13 Bitcoin

Looks like Momentum to the downside is fading, could get a squeeze up from here?
 
Loads of Alts have been pushed up while it's been boring, actually found myself back on crypsty for first time in at least a year, great fun hormone Tips at 10 sats now at 25
 
3 nights ago on btce. Some guys Bots went wacko on the BTC GBP pair, dumped a heap of coins down to 3.5 !!!! Of course it's not a high traded pair and not a lot of pounds on the exchange but early ones cleaned up before US pound ratio hit 3. I got a bunch at 80 but higher rates kinda killed it..
 
Current price is $234, looks good for a squeeze up. Just waiting for Greek currency controls to kick in and the panic buying to start :P
 
LOL okcoin is a mess, EJECT! swaps are way over leveraged to the long side, looks like a recipe for disaster.
 
Golightly said:
3 nights ago on btce. Some guys Bots went wacko on the BTC GBP pair, dumped a heap of coins down to 3.5 !!!! Of course it's not a high traded pair and not a lot of pounds on the exchange but early ones cleaned up before US pound ratio hit 3. I got a bunch at 80 but higher rates kinda killed it..
Click to expand...

Wait...they trade directly against a currency and only that currency? They don't float and sell to the highest offer adjusted for current cross rates? Surely there's money to be made setting up an exchange that will the the best price available in any currency and then exchanges it to give it to you in whatever currency you want. You could make a little on the spread between the fx rate you offer vs the wholesale rate you get plus whatever a normal exchange offers, that's crazy that you could wind down what should be a major pair like that.
 
Hmm, they are rising (255 USD now) but not quite the euphoric rise we saw with the Cyprus crisis.
 
These little ripples are entertaining. All it will take is one whale to take a liking to this little bitcoin pond.

The perfect storm is brewing.

Awareness is rising along with usage and acceptance. All as the halving is drawing closer. Supply will be cut while demand increases.

At the same time all this is happening the wales are taking their positions at the starting line waiting for the perfect time to jump in.

Not unlike a bunch of buffalo not wanting to be the first to enter the croc infested river. Soon the pressure will become too much and they will be forced in.

Christmas 2016 you will be looking back on today kicking yourself about a time when bitcoin was under $300 USD for 6+ month lol

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