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Topic: Tapering; affect on bitcoin (Read 741 times)

hero member
Activity: 1302
Merit: 502
December 18, 2013, 10:31:34 PM
#3
It appears the FED has been able to successful announce a $10Bil taping (cut in bond buying stimulus) and the markets did not crash.

Many in the bitcoin world; including myself; doubted that the FED would be able to pull back stimulus without negative impact.

Will this be a further blow to the bitcoin prices.

Speculate...

Why would the markets crash? I was really surprised that everyone was expecting this. The FED is still going to buy 75 billion dollars a month in MBS and treasuries. That still amounts to 900 billion a year, opposed to the 1.02 trillion that it would have been before the taper.
hero member
Activity: 658
Merit: 500
December 18, 2013, 10:20:38 PM
#2
It appears the FED has been able to successful announce a $10Bil taping (cut in bond buying stimulus) and the markets did not crash.

Many in the bitcoin world; including myself; doubted that the FED would be able to pull back stimulus without negative impact.

Will this be a further blow to the bitcoin prices.

Speculate...


speculate?

Fck USD, fck stock and fck FED....

I use btc TYVM

 Cool
legendary
Activity: 1190
Merit: 1001
December 18, 2013, 10:16:42 PM
#1
It appears the FED has been able to successful announce a $10Bil taping (cut in bond buying stimulus) and the markets did not crash.

Many in the bitcoin world; including myself; doubted that the FED would be able to pull back stimulus without negative impact.

Will this be a further blow to the bitcoin prices.

Speculate...
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