Coin
Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20041. (Read 26656931 times)
December 02, 2015, 04:01:12 PM
December 02, 2015, 04:00:43 PM
what makes me really sick in all this is, if i have a large amount of money at the bank i have to pay negative interest rates (here in germany a few banks are pulling that off already), and on the other hand if i use my credit line i have to pay between 9 and 15% annually, too - win win for the banks, lose lose for the normal guys.
Which German bank is charging you negative interest rates? AFAIK only business accounts. And why would you use credit *at any rate* if you can spend money you're basically paying to store?You sure you're not just making this shit up?
Deutsche Skatbank, late last year:
Quote
Those with deposits of more than €500,000 (£393,000), will, rather than receiving interest on their deposits, have an interest rate of -0.25pc per annum. However, the bank said it would only actually apply this if balances went above €3m.
You need to re-read megges' post. They didn't say they'd use credit when then had money in a negative-interest account. Both halves of the sentence started with "if" - the point was that the banking industry gets you both ways. Bit weird, if you ask me, that you'd immediately assume stupidity rather than good faith. A bit... lamby.
December 02, 2015, 04:00:02 PM
at its core money is an abstract concept, one which only works when everyone agrees to use it. We didn't get a say as to how the money system works, We tried to make an honest system back by gold, and that was fiendishly dismantled and fiat put in its place. its as clear as day the system we have today was build to secure "their" power and take away ours. you have to be ignorant not to see it.
December 02, 2015, 03:59:23 PM
we've created more jobs, doubled the workforce, extended the retirement age, gr8ly improved technology, and still the world economy is going to shit?
? really?
? really? The only solution:
What we need is more people
Bitcoin offers perfect information to everyone.
1 billion dollars can't go unaccounted for.
A huge percentage of Bitcoin has gone "unaccounted for" -- See Gox, see Pirate, see TF, see Ukyo, see Danny, etc., etc.
Knowing that your coin went to
that's because it's the early days...
government wallets won't be able to arbitrarily send money to unknown addresses...
the poeple will demand they break down their spending plan, and watch them, making sure they don't go sending 10BTC to unknown address for unknown reasons.
Confidential Transactions: a side-chain for shady doings. Wait for it.
December 02, 2015, 03:49:45 PM
we've created more jobs, doubled the workforce, extended the retirement age, gr8ly improved technology, and still the world economy is going to shit?? really?
? really? The only solution:
What we need is more people
Bitcoin offers perfect information to everyone.
1 billion dollars can't go unaccounted for.
A huge percentage of Bitcoin has gone "unaccounted for" -- See Gox, see Pirate, see TF, see Ukyo, see Danny, etc., etc.
Knowing that your coin went to
that's because it's the early days...
government wallets won't be able to arbitrarily send money to unknown addresses...
the poeple will demand they break down their spending plan, and watch them, making sure they don't go sending 10BTC to unknown address for unknown reasons.
December 02, 2015, 03:44:19 PM
Get your raincoats.
https://www.cryptocoinsnews.com/bitcoin-price-decline-may-found-support/
https://www.cryptocoinsnews.com/bitcoin-price-decline-may-found-support/
Quote
Below the current area of price action there are targets at 2200 CNY and $340 (Bitstamp). If the red 200MA gives way price should head for the aforementioned target, but may decline much lower. In the absence of clear trade signals we cannot be sure where decline will find a bottom - presumably $300 will serve as strong support, although a return to the mid $200s cannot be ruled out.
December 02, 2015, 03:41:30 PM
what makes me really sick in all this is, if i have a large amount of money at the bank i have to pay negative interest rates (here in germany a few banks are pulling that off already), and on the other hand if i use my credit line i have to pay between 9 and 15% annually, too - win win for the banks, lose lose for the normal guys.
Don't use banks and credit cards. Pay only in cash for all your basic needs! December 02, 2015, 03:17:21 PM
we've created more jobs, doubled the workforce, extended the retirement age, gr8ly improved technology, and still the world economy is going to shit?? really?
? really? The only solution:
What we need is more people
Bitcoin offers perfect information to everyone.
1 billion dollars can't go unaccounted for.
and you can't have a government bribing another without everyone knowing about it.
bacily it enforces the rules which we all agree to without fault.
so yes the answer to all the worlds made up problems, is indeed bitcoin.
December 02, 2015, 03:09:13 PM
After receiving 30 vitamin shots in her butt to prevent collapse on live TV Janet Yellen is set to begin the first part of her two-day excuse-fest for why The Fed will not raise rates. Good luck Janet.
ftfy?
if i understand this correctly...
the FED has to pretend it will rise rates, to make it seem as tho the economy is doing better.
FED said that it would rise rates a few months back so now FED has to come up with excuses not to, somehow the excuse has to not imply the economy is in the gutter.
i'm sure it'll be easy as pie to come up with some believable BS.
how long can this flat out lying + tricky accounting hold the markets up? idk, but i'm leaning toward indefinitely... they can fuck with the rules how can they fail???
+ no one wants to see the collapse happen, making the FED job pretty easy, they make up BS and we are happy to buy it, and the reward is the show goes on, it's in no one's interest for the music to stop.
personally i think the whole thing is a shame, it all nonsense, a society of our size and technical know how should be able to organize itself in such a way that poeple need only work a few hours a day to live comfortably and everything run smoothly.
there focus is on how do we get more poeple working for longer hours for as many years as they can get out of us.
shouldn't we strive to have more leisure time??
they have us believing we're lucky if we work 9-5 for 45years
and they have us begging for more!
don't get me started on the "gender equality" thing, in my view this is yet another trick they used to 2x more work out of us slaves.
before women stayed at home and did "nothing" now we split the "nothing" and both go to work!
we got fucked royally!
what makes me really sick in all this is, if i have a large amount of money at the bank i have to pay negative interest rates (here in germany a few banks are pulling that off already), and on the other hand if i use my credit line i have to pay between 9 and 15% annually, too - win win for the banks, lose lose for the normal guys.
December 02, 2015, 03:08:53 PM
December 02, 2015, 03:08:39 PM
1,450 btc market buy. Did Stolfi back up the truck to pick up a shipment?
Since 2015-11-25, when the daily volume at OKCoin and Huobi jumped to a new level, there seem to be a relatively sharp daily spike in volume. In the 1h chart, those spikes stand out quite clearly, often 50%-100% higher than the adjacent bars. Yesterday's peak at OKCoin was ~350 kBTC in one hour, which used to to be a large number for the daily volume until a couple of months ago.
These sharp daily spikes apparently started in Sep/2015, with the start of the exponential mini-rally that peaked on 2015-11-03. Curiously the time of the spikes seems to be drifting. At OKCoin (UTC times):
China local time is UTC plus 8 hours, so the local times range from 11 am to 8 pm.
2015-11-25 11:00
2015-11-26 03:00
2015-11-26 12:00
2015-11-27 03:00
2015-11-28 05:00
2015-11-29 08:00
2015-11-30 09:00
2015-12-01 10:00
2015-12-02 12:00
Interesting observation!
December 02, 2015, 03:08:39 PM
don't get me started on the "gender equality" thing, in my view this is yet another trick they used to 2x more work out of us slaves.
before women stayed at home and did "nothing" now we split the "nothing" and both go to work!
we got fucked royally!
Now we have to pay someone else to look after our kids, and do "nothing" because both husband and wife have to work. That generates even more work for people to look after kids. I'm old fashioned and think our kids would have better childhoods being brought up by their parents than by paid childminders.
we've created more jobs, doubled the workforce, extended the retirement age, gr8ly improved technology, and still the world economy is going to shit?
? really? Well, it's a pyramid, eventually it's all going to shit no matter how well things go.
December 02, 2015, 03:01:29 PM
December 02, 2015, 03:01:07 PM
don't get me started on the "gender equality" thing, in my view this is yet another trick they used to 2x more work out of us slaves.
before women stayed at home and did "nothing" now we split the "nothing" and both go to work!
we got fucked royally!
Now we have to pay someone else to look after our kids, and do "nothing" because both husband and wife have to work. That generates even more work for people to look after kids. I'm old fashioned and think our kids would have better childhoods being brought up by their parents than by paid childminders.
we've created more jobs, doubled the workforce, extended the retirement age, gr8ly improved technology, and still the world economy is going to shit?
? really? 
December 02, 2015, 02:55:17 PM
Well, now that the Fed is leveraged 80 to 1 and its Wall St. owners are leveraged to the hilt as well it really isn´t easy to raise interest rates. Bond price and yield move in opposite directions. With this extreme leverage it doesn´t really take that much in hikes to effectively wipe out the Fed´s equity. Then what? Print more money as debt for banks that are insolvent as well?
December 02, 2015, 02:54:45 PM
don't get me started on the "gender equality" thing, in my view this is yet another trick they used to 2x more work out of us slaves.
before women stayed at home and did "nothing" now we split the "nothing" and both go to work!
we got fucked royally!
Now we have to pay someone else to look after our kids, and do "nothing" because both husband and wife have to work. That generates even more work for people to look after kids. I'm old fashioned and think our kids would have better childhoods being brought up by their parents than by paid childminders.
2x work... 2x taxes.
December 02, 2015, 02:38:15 PM
...
how long can this flat out lying + tricky accounting hold the markets up?
...
how long can this flat out lying + tricky accounting hold the markets up?
...
No longer than another week?
FED: Flat-out lying to you since 1913TM
Quote
there focus is on how do we get more poeple working for longer hours for as many years as they can get out of us.
Clearly failing to get *any* working hours out of you. And not just 'coz you're Canadian
Go back to work you filthy citizens of developing countrys, Adam wants to stay at home!
December 02, 2015, 02:35:23 PM
don't get me started on the "gender equality" thing, in my view this is yet another trick they used to 2x more work out of us slaves.
before women stayed at home and did "nothing" now we split the "nothing" and both go to work!
we got fucked royally!
Now we have to pay someone else to look after our kids, and do "nothing" because both husband and wife have to work. That generates even more work for people to look after kids. I'm old fashioned and think our kids would have better childhoods being brought up by their parents than by paid childminders.
December 02, 2015, 02:34:03 PM
1,450 btc market buy. Did Stolfi back up the truck to pick up a shipment?
Since 2015-11-25, when the daily volume at OKCoin and Huobi jumped to a new level, there seem to be a relatively sharp daily spike in volume. In the 1h chart, those spikes stand out quite clearly, often 50%-100% higher than the adjacent bars. Yesterday's peak at OKCoin was ~350 kBTC in one hour, which used to to be a large number for the daily volume until a couple of months ago.
These sharp daily spikes apparently started in Sep/2015, with the start of the exponential mini-rally that peaked on 2015-11-03. Curiously the time of the spikes seems to be drifting. At OKCoin (UTC times):
China local time is UTC plus 8 hours, so the local times range from 11 am to 8 pm.
2015-11-25 11:00
2015-11-26 03:00
2015-11-26 12:00
2015-11-27 03:00
2015-11-28 05:00
2015-11-29 08:00
2015-11-30 09:00
2015-12-01 10:00
2015-12-02 12:00
December 02, 2015, 02:17:54 PM
After receiving 30 vitamin shots in her butt to prevent collapse on live TV Janet Yellen is set to begin the first part of her two-day excuse-fest for why The Fed will not raise rates. Good luck Janet.
ftfy?
if i understand this correctly...
the FED has to pretend it will rise rates, to make it seem as tho the economy is doing better.
FED said that it would rise rates a few months back so now FED has to come up with excuses not to, somehow the excuse has to not imply the economy is in the gutter.
i'm sure it'll be easy as pie to come up with some believable BS.
how long can this flat out lying + tricky accounting hold the markets up? idk, but i'm leaning toward indefinitely... they can fuck with the rules how can they fail???
+ no one wants to see the collapse happen, making the FED job pretty easy, they make up BS and we are happy to buy it, and the reward is the show goes on, it's in no one's interest for the music to stop.
personally i think the whole thing is a shame, it all nonsense, a society of our size and technical know how should be able to organize itself in such a way that poeple need only work a few hours a day to live comfortably and everything run smoothly.
there focus is on how do we get more poeple working for longer hours for as many years as they can get out of us.
shouldn't we strive to have more leisure time??
they have us believing we're lucky if we work 9-5 for 45years
and they have us begging for more!
don't get me started on the "gender equality" thing, in my view this is yet another trick they used to 2x more work out of us slaves.
before women stayed at home and did "nothing" now we split the "nothing" and both go to work!
we got fucked royally!
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