Today the FED will decide what the markets should do - page 2.

exstasie

legendary

Activity: 1806

Merit: 1521

Quote from: jjjfff on December 19, 2018, 03:52:11 PM

Below is a snapshot of the time of the FED's announcement a few minutes ago.

They simply control all prices. Markets collapse in 15 minutes with a simple statement from the FED. Let that sink in for a moment. One statement and the markets collapse. If you think this is normal then you don't understand real capitalism.

Governments exist and they meddle with the economy, yeah. We've seen similar action off non-farm payroll numbers and things like that too. This was a highly anticipated event so I'm not surprised. If the days of cheap credit are over, it makes sense for money to flow out from the markets.

I wouldn't exactly call it a collapse. We undercut the February lows. Ugly and possibly indicative of a long bear market to come, but not the end of the world. Not yet anyway. Tongue

duoduoshigexiaozhu

member

Activity: 434

Merit: 10

When the dollar market collapses, the cryptocurrency market will take off. The current strong dollar is not good for the cryptocurrency market. The cryptocurrency market is currently a small market that is not enough to fight against the dollar. New investors can't invest blindly now.

Indrawan77

hero member

Activity: 1274

Merit: 516

I completely agree, we have been living too long to live under the shadow of the fed, every day we work to chase and beat the inflation, and the fed easily print more money and causing big inflation in the market, but crypto currencies gives big hope to this situation, with the decentralised feature we won't be affected on the fed and the inflation rate

jjjfff

copper member

Activity: 182

Merit: 18

Crypto.BI

Quote from: 1Referee on December 19, 2018, 05:01:05 PM

Quote from: jjjfff on December 19, 2018, 04:09:26 PM

I have no agenda. I am simply watching BILLIONS of people's dollars disappear into thin air because 17 people sat around a table this afternoon and decided to print less money.

We have one bank with a few people in it which can easily say that everything you've saved up in your entire life is now worth one cookie.

This system determines your children's future, your quality of life, whether your grandsons will go to college or not and so on.

The FED. One bank. Just sank the US markets.

What kind of phony capitalism is this?

I don't like it either, but the thing is that you don't have to subject yourself to this system if you don't want to. Bitcoin provides the perfect tools to allow you to hedge the risks coming from a system that's only meant to work against you instead of for you. It's not that it's something entirely new, it happened for decades now and people are looking but not taking any action.

It's like they expect the next time to be different/better, but that's entirely false. It's a system working to serve a small layer of the economy, and there is no incentive from the elite to change anything about it, so it's pointless waiting. If you don't utilize Bitcoin you're begging to be sucked into this shit for plenty of more years to come.

I wish I could send you Merit but I got none. Thanks for your reply.

This thread was only a small protest in face of today's blatant market manipulation by that very small layer of the economy.

17 bankers, working for bankers, sat around a table and decided what the markets should do.

It's not supply and demand, it's not real production or valuable services. It's fake money they print whenever they want.

The markets are rigged.

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: jjjfff on December 19, 2018, 04:09:26 PM

I have no agenda. I am simply watching BILLIONS of people's dollars disappear into thin air because 17 people sat around a table this afternoon and decided to print less money.

We have one bank with a few people in it which can easily say that everything you've saved up in your entire life is now worth one cookie.

This system determines your children's future, your quality of life, whether your grandsons will go to college or not and so on.

The FED. One bank. Just sank the US markets.

What kind of phony capitalism is this?

I don't like it either, but the thing is that you don't have to subject yourself to this system if you don't want to. Bitcoin provides the perfect tools to allow you to hedge the risks coming from a system that's only meant to work against you instead of for you. It's not that it's something entirely new, it happened for decades now and people are looking but not taking any action.

It's like they expect the next time to be different/better, but that's entirely false. It's a system working to serve a small layer of the economy, and there is no incentive from the elite to change anything about it, so it's pointless waiting. If you don't utilize Bitcoin you're begging to be sucked into this shit for plenty of more years to come.

jjjfff

copper member

Activity: 182

Merit: 18

Crypto.BI

Quote from: The Sceptical Chymist on December 19, 2018, 03:58:18 PM

You do realize that the stock market reacts to a lot of other things, too, right? The fact that it reacted to a statement by the fed (still don't know what the statement was) isn't surprising. Individual stocks can react to things like rumors of a takeover, a change in management, and many other things. The market reacts to the unemployment rate, inflation, interest rates, and all sorts of other economic factors. It seems to me that you're cherry picking this fed statement for your own agenda, i.e., bashing the fed. And I'm not saying they shouldn't be bashed, because I'm not a fan of the Federal Reserve System, but you're not really proving anything here.

I'm not sure what your point is?

I have no agenda. I am simply watching BILLIONS of people's dollars disappear into thin air because 17 people sat around a table this afternoon and decided to print less money.

We have one bank with a few people in it which can easily say that everything you've saved up in your entire life is now worth one cookie.

This system determines your children's future, your quality of life, whether your grandsons will go to college or not and so on.

The FED. One bank. Just sank the US markets.

What kind of phony capitalism is this?

The Sceptical Chymist

legendary

Activity: 3332

Merit: 6809

Cashback 15%

You do realize that the stock market reacts to a lot of other things, too, right? The fact that it reacted to a statement by the fed (still don't know what the statement was) isn't surprising. Individual stocks can react to things like rumors of a takeover, a change in management, and many other things. The market reacts to the unemployment rate, inflation, interest rates, and all sorts of other economic factors. It seems to me that you're cherry picking this fed statement for your own agenda, i.e., bashing the fed. And I'm not saying they shouldn't be bashed, because I'm not a fan of the Federal Reserve System, but you're not really proving anything here.

TrezorMade

jr. member

Activity: 74

Merit: 9

Quote from: jjjfff on December 19, 2018, 08:54:52 AM

What kind of capitalism is it when the markets depend on the FED?

It doesn't matter if 300 million Americans and billions of Asians work today or not.

It doesn't matter if a meteorite falls on Earth right now.

All that matters is whether the FED will print more FED-money to pump the markets or not!!!

All that you do, all your work, all the world's production is worthless because the FED/BCE/BOJ can simply print more money.

Everyone must work more and more to sustain a system that is absolutely unreal and illogical.

Everything we do, every single thing of value that is produced is subject to the valuation of a token that the FED prints at will. An inventor spends decades researching, files a patent, sells his patent for 100k dollars. The FED simply prints a trillion U$. That's the proportion we have right now.

For how long will The People of the world continue to accept this system?

I agree with you, what the government is doing now isn't right. They rob oil and gold from other countries and define them as terrorist countries as a reason.
Just live your life dude, you are stuck in this system. Bitcoin was our saviour against the governments, but people like fiat too much and now Bitcoin is just another puppet controlled by wealthy people. People want ETF bakkt, institutional money but at the end of this road everybody will look back and think how they fucked the only saviour they had. As we speak right now, Bitcoin will be in the hands of the governments and institutions. Bitcoin won't stay decentralized.
Top 96 wallets own total of 2,690,537 BTC or 15% of circulating supply, this is only the top 100 don't forget about the big whale who send more than 800,000BTC between December and November.

There is no way out of this sytem. If you want out, you need to take measures and take the lead.

jjjfff

copper member

Activity: 182

Merit: 18

Crypto.BI

Below is a snapshot of the time of the FED's announcement a few minutes ago.

They simply control all prices. Markets collapse in 15 minutes with a simple statement from the FED. Let that sink in for a moment. One statement and the markets collapse. If you think this is normal then you don't understand real capitalism.

jjjfff

copper member

Activity: 182

Merit: 18

Crypto.BI

Quote from: The Sceptical Chymist on December 19, 2018, 03:29:25 PM

Quote from: jjjfff on December 19, 2018, 03:16:44 PM

One bank. Controlled by 17 bankers. Has just taken down the US stock markets with one statement.

I agree with the insanity part of what you're saying, but what are you talking about in the bolded part of your post? I don't read the news and don't follow what the fed is doing. Did they announce a new round of QE? All of the stocks I own are actually up quite a bit today, and the stock market is up, marginally.

A lot of people are indeed sheep, and I probably qualify as one of those. As long as disaster hasn't hit yet, most of the population will feel comfortable--but yeah....all this money printing is absolutely ridiculous, and I'm not sure our leaders have an exit strategy for this, or if they do it's probably something very sinister.

The minute I posted that the US markets had gone from over 1% green to deep red with just one statement from the FED.

The FED controls the markets. There is no real capitalism, it's a FEuDal system.

The Sceptical Chymist

legendary

Activity: 3332

Merit: 6809

Cashback 15%

Quote from: jjjfff on December 19, 2018, 03:16:44 PM

One bank. Controlled by 17 bankers. Has just taken down the US stock markets with one statement.

I agree with the insanity part of what you're saying, but what are you talking about in the bolded part of your post? I don't read the news and don't follow what the fed is doing. Did they announce a new round of QE? All of the stocks I own are actually up quite a bit today, and the stock market is up, marginally.

A lot of people are indeed sheep, and I probably qualify as one of those. As long as disaster hasn't hit yet, most of the population will feel comfortable--but yeah....all this money printing is absolutely ridiculous, and I'm not sure our leaders have an exit strategy for this, or if they do it's probably something very sinister.

jjjfff

copper member

Activity: 182

Merit: 18

Crypto.BI

Quote from: jimbo2000 on December 19, 2018, 12:20:05 PM

Look, I think anyone who just outright states that the printing of new money is wrong is mistaken and jumping the gun. I cannot say that your conclusion is wrong because it is highly subjective but it is an intricate debate, there are many for's and many against's in the matter.

One bank. Controlled by 17 bankers. Has just taken down the US stock markets with one statement.

It's not simply about being against "printing money".... It's a completely insane system controlled by a little over two dozen people.

7 billion people on this planet will have worked all day today and will work for 40+ years of their whole lives simply to make the FED and their friends wealthier.

That is insane.

jimbo2000

full member

Activity: 336

Merit: 100

Look, I think anyone who just outright states that the printing of new money is wrong is mistaken and jumping the gun. I cannot say that your conclusion is wrong because it is highly subjective but it is an intricate debate, there are many for's and many against's in the matter.

jjjfff

copper member

Activity: 182

Merit: 18

Crypto.BI

Quote from: timotron on December 19, 2018, 11:25:58 AM

Right, totally right. But why always focusing on the problem? None comes out with an idea, we don't just change from day to night. There must be an evolution, and maybe cryptos are helping us with it.

So what is your horse move against this beast?

Cryptos are the best counterweapon we've seen to date against this system.

The emission of money must be algorithmic, not controlled by crooks.

timotron

sr. member

Activity: 924

Merit: 281

Trooper Founder & CEO

Right, totally right. But why always focusing on the problem? None comes out with an idea, we don't just change from day to night. There must be an evolution, and maybe cryptos are helping us with it.

So what is your horse move against this beast?

Dimon8

jr. member

Activity: 420

Merit: 1

Not taking this system in the civilized world is almost impossible. To get out of this system it is necessary to settle in a deep forest where within a radius of 500 km. there will be no cities, and do not use money at all.

davis196

hero member

Activity: 2968

Merit: 913

99% of the people are sheep.They live under the "study hard-get a college degree,get a job,get a mortgage,retire" type of matrix.This matrix is maintained and funded by the central banks.The bankers want only 2 things-more debt and more consumers.This is a rat race.

jjjfff

copper member

Activity: 182

Merit: 18

Crypto.BI

What kind of capitalism is it when the markets depend on the FED?

It doesn't matter if 300 million Americans and billions of Asians work today or not.

It doesn't matter if a meteorite falls on Earth right now.

All that matters is whether the FED will print more FED-money to pump the markets or not!!!

All that you do, all your work, all the world's production is worthless because the FED/BCE/BOJ can simply print more money.

Everyone must work more and more to sustain a system that is absolutely unreal and illogical.

Everything we do, every single thing of value that is produced is subject to the valuation of a token that the FED prints at will. An inventor spends decades researching, files a patent, sells his patent for 100k dollars. The FED simply prints a trillion U$. That's the proportion we have right now.

For how long will The People of the world continue to accept this system?

Topic: Today the FED will decide what the markets should do - page 2. (Read 423 times)