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241  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 29, 2014, 10:04:18 PM
So where are all those idiots who were cheering for cheap coins all those months?
I don't see your daily posts about how much you are buying anymore. What happened? You stopped "loading up on cheap coins"?


They are patiently waiting for Jorge to stop manipulating the price with his negative posts.
242  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 29, 2014, 06:43:00 PM
JayJuanGee,

If I post several long paragraphs explaining why possibility does not imply even slight probability, would it have any impact on your analysis about anything?
243  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 29, 2014, 06:38:47 PM
Good or improving economy = bearish for bitcoin.  Cheesy Cheesy Cheesy
244  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 29, 2014, 06:34:18 PM

Article below. This isn't really bullish. Yes, the fed is open to more bond buying if needed. But, they are ending the program for now because it appears to have worked in their eyes.

Bullish would be the fed saying, "oh, and yes we expect to restart the program but don't know when."

Quote
Federal Reserve officials meeting Tuesday and Wednesday are virtually certain to end their latest bond-buying program, but they won’t be retiring the policy for good.

Their recent comments show bond purchases are now an established part of the Fed’s policy tool kit that they could employ again in times of deep economic trouble. The central bank has employed three rounds of bond-buying programs since the 2008 crisis, first to stabilize the financial system and later to spur stronger growth.

Several Fed policy makers say they think the latest round of Treasury and mortgage-bond purchases, begun in late 2012, helped lower long-term interest rates, boosting hiring and growth. But they also see a high bar to launching more bond buying—known as quantitative easing, or QE—seeing it as a last resort to use only if very low interest rates and communications efforts were to fail to reverse a sharply worsening economic outlook.

“I think QE is quite effective,” Boston Fed President Eric Rosengren said in a recent interview with The Wall Street Journal, describing the approach as an option for dealing with an adverse shock to the economy.

Related Video
Dorothy Weaver, former chair of the Federal Reserve bank branch in Miami, joins MoneyBeat with a preview of the Fed's decision on bond-buying and interest rates. Photo: Getty.
John Williams, president of the San Francisco Fed, said in a recent Journal interview that he would consider more bond buying in a “worst-case scenario,” in which the forecasts for growth and inflation were very poor and officials had already exhausted other tools to spur the economy.

Supporters of QE note the unemployment rate has dropped to 5.9% in September from above 8% when they launched the current and third round of bond purchases. The economy has grown for most of the past five years, though modestly and erratically. And while inflation has been running below the Fed’s 2% target for more than two years, it has risen a bit and stabilized in recent months.

Fed Chairwoman Janet Yellen has said she wouldn’t rule out more bond buying if needed, and Fed Vice Chairman Stanley Fischer deemed the program “largely successful.”

ENLARGE
Yet opponents in academia, on Capitol Hill and even at the Fed cite a number of concerns. Many point to the weak economic growth of recent years and see little benefit to bond buying and many risks.

Fed officials such as Philadelphia Fed President Charles Plosser and Richmond Fed President Jeffrey Lacker worry the new money the Fed created to buy bonds—more than $3 trillion through the three programs—could fuel excessive inflation when growth picks up or asset bubbles that could cause financial instability and potentially another crisis.

Mr. Lacker is among those particularly unhappy with the Fed’s purchases of mortgage-backed bonds in the latest program, saying it “tilts the playing field against borrowers in other economic sectors, such as businesses and renters.”

The Fed’s bond buying has generated plenty of research, with differing conclusions about its effectiveness. Many of the studies agree the programs worked very well to stabilize the financial system during the 2008 crisis, but disagree about how effective the programs have been in boosting growth since then.

MORE

Fed Favors Guidance Over Bond Buys
Ahead of the Tape: Following the Dotted Line
A QE Research Bibliography
The Fed’s October Meeting, at a Glance
Fed Touchy About Touching Rate Guidance
Sign Up: Central Banks News
The Great Dissenter—It’s Not Fisher or Plosser
In a 2012 speech, then-Fed Chairman Ben Bernanke cited a Fed study estimating the first two rounds of Fed bond purchases in 2008 and 2010 “may have raised the level of output by almost 3% and increased private payroll employment by more than 2 million jobs, relative to what otherwise would have occurred.”

But some studies have found much smaller or unclear benefits.

Mr. Williams wrote a paper this year concluding the Fed’s bond-buying programs “have proven a potent but blunt tool, with uncertain effects on financial markets and the economy.”

Arvind Krishnamurthy, a professor at Stanford University, said his research suggests the bond purchases helped through their direct effect on asset values—for example, by lowering bond yields and pushing up stock prices—and also through the strong signal they sent about the Fed’s intention to keep interest rates down for some time to bolster the economy.

CENTRAL BANK WATCH

Here is how the central banks in four major advanced economies have moved two key levers of monetary policy in recent years, and how two important economic indicators have responded. View the interactive.

ENLARGE
GRAND CENTRAL

Grand Central newsletter: Sign up to receive the Journal’s daily report on global central banks
E-Book: Yellen and the Fed, a WSJ Briefing
James Bullard , president of the St. Louis Fed, said in a recent interview with Bloomberg TV the Fed could consider continuing the bond purchases beyond this month to keep its options open amid falling U.S. inflation expectations. But no other Fed official has shown support for the idea.

Policy makers have been winding down the bond-buying program all year and decided at their September meeting to end it after this month if the economy continued to improve as expected.

Mr. Rosengren, an advocate for aggressive policies to bring down unemployment, said the Fed’s criteria for ending the bond program have been met. Reaching “5.9% [unemployment] relative to where we were when we started the program is a substantial improvement,” he said.

He said even if his forecast for continued employment gains deteriorated dramatically, he wouldn’t turn to more bond purchases as the first line of defense. “There are other tools that we can use,” he said, such as holding interest rates very low for longer than anticipated and communicating that intent publicly.

Many investors expect the Fed to start raising its benchmark short-term rate from near zero in the middle of next year, a view some top officials have encouraged.

Also:

http://www.marketwatch.com/story/fed-ends-qe3-and-sends-upbeat-signals-on-economy-2014-10-29

http://www.marketwatch.com/story/read-what-fed-says-on-ending-qe-stimulus-2014-10-29
245  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 29, 2014, 06:26:49 PM

There is a paywall. Can you quote the entire article?
246  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 29, 2014, 05:34:38 PM
As far as the rumors say Jorge was the one that originally invented bitcoin, but someone drugged him, stole his code and destroyed every backup of it.
That´s what they on the street at least. He seems to be on a vengeance now. Can´t blame him for that.

Sounds like a logical sequence of events. I agree.
247  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 29, 2014, 05:24:33 PM
Anyone else starting to suspect that Jorge is The Great Manipulator, suppressing the price with over 100k coins?

anything is possible

Maybe even PROBABLE. As an academic, he has a vested interest in seeing bitcoin fail!
248  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 29, 2014, 05:17:40 PM
Anyone else starting to suspect that Jorge is The Great Manipulator, suppressing the price with over 100k coins?
249  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 28, 2014, 07:50:05 PM
Guys, put the trolls on ignore and don't quote them please.

plus one

Seconded.

No.
250  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 28, 2014, 01:46:00 AM
SEC investigating Bitcoin companies is all over Reddit. This is a bigger deal than most realize. The SEC can shut down exchanges for contributing to price manipulation or being willfully ignorant of such activity while profiting from it.

That would be good news only if applies to China too.

I suspect the SEC will attribute illegal activities of overseas exchanges to their US-based partners. Thus forcing US companies to sever ties or overseas exchanges to get in compliance.
251  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 28, 2014, 01:37:11 AM
SEC investigating Bitcoin companies is all over Reddit. This is a bigger deal than most realize. The SEC can shut down exchanges for contributing to price manipulation or being willfully ignorant of such activity while profiting from it.
252  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 27, 2014, 09:05:22 PM
http://bankinnovation.net/2014/10/ripple-ecosystem-expands-with-british-startup-ripula/

GONNA BE HUGE AND BULLISH AS FUCK!
253  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 27, 2014, 07:47:06 PM
http://www.fincen.gov/news_room/rp/rulings/html/FIN-2014-R011.html

http://www.fincen.gov/news_room/rp/rulings/html/FIN-2014-R012.html

Two new FINCEN rulings today. Bullish or Bearish?

*edit*

Bearish. First ruling does not distinguishing between exchanges that allow trading fiat for crypto vs those that only allow crypto for crypto. That is, both have the same "Exchanger" MSB status.
254  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 26, 2014, 02:57:01 AM

Some of the coins pass through 13p5iQkqBEVgKmPeJqEL2LBRS44PjX1dZL, which has received over 600k. Anyone know if this address is associated with a mining pool, exchange or tumbling service?

Im super confused. How has this address never received coins?

I'm super confused at your confusion.
255  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 26, 2014, 02:46:32 AM

Some of the coins pass through 13p5iQkqBEVgKmPeJqEL2LBRS44PjX1dZL, which has received over 600k. Anyone know if this address is associated with a mining pool, exchange or tumbling service?

A google search mentioned Eligius.  but i didn't read it.

I googled the address as well. It is mentioned in a some threads related to Eligius. However, the owner or purpose of the address is still unclear to me.
256  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 26, 2014, 02:37:56 AM

Some of the coins pass through 13p5iQkqBEVgKmPeJqEL2LBRS44PjX1dZL, which has received over 600k. Anyone know if this address is associated with a mining pool, exchange or tumbling service?
257  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 26, 2014, 01:51:41 AM

/bitcoin
258  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 25, 2014, 07:16:52 PM
Note: Stamp and Finex trading below BTC-e is a sign of manipulation. Manipulation has at time precipitated into a flash crash. That's how I'd explain the phenomenon in a nutshell.

manipulation [muh-nip-yuh-ley-shuh n]

1.  used to describe artificial movements when price does not go in the intended direction.

2. neurotically alleged to describe movements when price does not go in the wished upon direction.
259  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 24, 2014, 11:18:19 PM
http://blog.cryptsy.com/post/100831839452/response-regarding-lawsuit

Never used their services but I'll admit the amount of pr before actually serving  the lawsuit is suspicious.  Similarly to way they made Ross out to be someone who orders contract hits.

Prediction: Within a month, Crypsty claims to have been hacked of all user funds.
260  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 24, 2014, 11:09:49 PM

Ripple will soon have 100's of banks onboard. No need for Cryptsy.
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