Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18785. (Read 26711072 times)

http://business.inquirer.net/210705/china-fixes-yuan-at-over-five-year-low-against-dollar

 you might not but its there

I'll employ the cheap Chinese. The ones I would have hired anyhow, only now they'll cost me less, if they still make the same in yuan.
If you're not crazy/don't want to go broke, sure. I hope you weren't planning on hiring Americans before the yuan got devalued a few points, because then you're not to be trusted with money and should consider voluntary commitment.
Yes, roughly 30 years ago.
Sure, but you, Brit, are also paying UK taxes, and paying tariff to US (remember the 450% anti-dumping steel tax? like that). So both US and UK are making out just fine

Anyone who needs steel in US. Which has nothing to do with you, Brit. You can still get yours from China, probably for less, because glut in China, because none is going to US. Because US steel mills are employing people to make US, domestic steel. Duh.

this is guna get quite interesting. the buying is obviously a direct result of china, but why? devaluation of the yuan right? right. thing is it was devalued as a direct result of, and retaliation to the US' 450% inport tax on certain metals. china pissed. as they were last time the fed got hawkish on rates. twice in a row in a week: hawkish fed speak = yuan devaluation the next business day. followed by dovish fed = increase in valuation of yuan. the fed was hawkish AF friday(?).. so monday = more devaluation = more capital flight = more "to the moon" \(00)/

and its only guna escalate between the US and china so all good on the horizon 

I'm not following. Ignoring your Singapore tangent, how is devaluing the yuan "make labor more expensive in the US"?
And you do know that US minimal wage is far better than Chinese average wage, so which jobs would they be stealing that they ain't already got?
Not seeing much of a "fuck you" there, to be honest.

Looks like we've lost the price point. This will be a roller coaster until we reach $666 or $450/$420.

Hopefully we just hit $666 long enough for some rocket fueling stability.

Looks like we've lost the price point. This will be a roller coaster until we reach $666 or $450/$420.

Hopefully we just hit $666 long enough for some rocket fueling stability.

I don't believe that stamp is manipulating the market by selling tons of coins that they don't have. Their daily volume is into BTC10k (finex is BTC50k) it's just a shadow of itself, low volume so not many people keep $ on it, and it's much easier to transfer BTC in there for sale then get $ in

Bearstamp bot has totally rekt their trading engine ... price jumping between 456 and 522 lol!Q!!

get out of there, looks busted

$666 might feel evil in a good way...

market isn't looking/acting toppy if you ask me... impressive volume on those pull backs, and we just keep on heading north.

it'll be fun to see 666$ again 

that might feel toppy...

It feels toppish, I won´t sell, anyhow

Im bearthinking rite now...

Maybe i am missing something?  I don't really see a problem there?

Maybe i am missing something?  I don't really see a problem there?

Definitely there is increased volume depicted, yet I believe that all that indicates is that for the time being there is a little bit of a price battle going on, but gosh psychology is definitely on the side of the bulls, no?

I mean, it is going to be somewhat difficult for bears or shills to attempt to convince us  (even the most naive of us) that bitcoin is ded or dying, no?  

I WAS ok with the idea of ethereum, well, as an interesting concept, and idea (and not a "bitcoin 2.0 currency as the main goal for the g0ldz"). But.
That ended after the "IPO" of the first ether batch sale (sale? more like give us your bitcoins for this would be, thing) - premined presaled of an obvious speculator scamcoin 16000% return in 3-6 months bullshit -, with arbitrary, non defined, "will see in the future" monetary policy (?), like, what are the consensus rules are for new coins?

Bitcoin had a fixed, well known, open, obvious  - still unchanged - monetary policy on day 1 - should i say day 0? Oh, Genesis block it is
Than this PoS ethereum mutation idea, with a combined premine and presale before it is known?? So not cool.

THAN it started this "bitcoin 2.0, so smart contract, much DAO*".

* yeey, we can make companies without state provisioned governance, which is a great concept, but without any social precedent or theory behind it how it actually will solve: clear business plans, or expertise, and/or accountable management goals and/or actual PEOPLE who grab that fukin' hammer and hit nails, but that is okay, because... we can always opt out our DAO-ether for bitcoin  (except if we actually participate in a vote with YES/NO, cause than we are fucked)!"

The interesting parts will be available in bitcoin as well on any sidechains/LN solution in a few years, when the market in REAL LIFE actually want to start micro transactions to turn on water heaters for airbnb style renting.
 
This whole shared computing (other than unnecessary and technically unfeasible in scale btw..) and DAO concept is waaaay premature/unnecessary, like a baby born on -46 months. IT can not fix some physical problems like: how to network secure properly a guy digging a hole, and fixing that plumbing toilet waste. Oracle/Ghost that

TLDR; so even if the automated application running environment fueled by the token of ether provided by it's network in theory is nice, and interesting, it mutated into a wannabe bitcoin, without any of the elegant simplicity and scalability - by adding additional layers on it - of the Bitcoin network.