Abraham said it’s not “an anomaly” to see fraud accounting for about 6% of Apple Pay transactions, compared to about 0.1% of transactions using a plastic card to swipe

In a surprise move, the RBI just cut its main interest rates for the second time in two months, taking it from 6.75% to 6.50%, in what the central bank calls a “pre-emptive” policy move, but what is in reality merely a confirmation that so far in 2015 at least 20 central banks have lowered their interest rate.

Buffett compares Greece to a "dog peeing on the carpet" of Europe, suggesting Germany stop "rewarding behavior you want to get rid of."

None of this might matter were it not for the fact that extremely low interest rates have fueled increased risk-taking by borrowers and yield-hungry lenders. The result has been a massive mispricing of financial assets. And that has created a growing risk of serious adverse effects on the real economy when monetary policy normalizes and asset prices correct.

First, when you make x10 less milk, FED will not destroy money, it is a one way ticket. They only print more and more, never destroy it, not because the economy can not shrink, just because they don't want to sell their assets in exchange for useless paper

And your second reasoning is quite right, the milk's price should be based on supply and demand, has nothing to do with FED's money supply. Changing the money supply will just affect milk's price, thus give wrong signal of milk's supply and demand, which usually first cause over production and over hiring, and then followed by a larger sell-off of over produced goods and lay-off

If you've sat on the losses til now, the chances are you're in it for the long haul and the fear of missing out will be just as strong as before if it's blowing up.

I don't believe that large miners operators can afford to just hodl for few months. In fact i don't believe in large mining farms operating without some contract in place already. Hey lets dump few mil in this run up thousands in electricity bills daily/weekly and we'll worry about how to liquidate our product (BTC) after.  Most likely all those coins are already spoken for for some duration of time. Things to consider if you want to open large position, you're not the only player scavenging miners for some coins so there's surely competition, the bigger the competition the more premium miners might want, you might want more volume than they can provide, or your contract with miners calls for premium of BFX*1.0X so miners turn around and just buy coins on market  , etc, etc, etc... Now if you've exhausted all your other options and are left with buying on market with minimum slippage i'm guessing it'd look like what's happening right about now. Big buy let things settle put up some weak support, rinse and repeat. Until someone picks up on that and start going ape shit crazy on leverage to buy up coins so you don't get them

say you are group of private equity that wanted to take a $50 mill position in BTC, how would you do it? (assume you managed to secure ~60% of that off the market already)

I'd have to see the entire article, but....as these type of coverage usually goes, they mention BTC as the brand-name concept, then quickly move on to alts like ripple systems like MPESA, ideas like applepay and google wallet...

they will mention winklevii, and that other bitcoin fund that should appear on wall st. soon. they might mention VC money thats going into the economy.

its all pretty light news, and if you read this forum, old news too.

the takeaway from these sort of articles is usually; some form of digital payments system is coming, they all have problems right now, but bigger players are making serious moves, wait a few years and you will see which one comes out on top.

they say "bitcoin" in the headline to grab your attention, appeal to the curious, but they rarely endorse bitcoin itself.

that's just been my experience of reading mainstream news articles on the subject. I cant read that imigur so i dont know what this one says. but i'd wager i'm pretty much spot on here.

always the same predictable shit.

Watch bears burning is always fun

Development of marketing materials, new website - gomonero.com, anticipation of DB release.

Don't believe any news about Greece. That theater could continue forever - until the EU bankrupts itself constantly bailing out a corrupt and inefficient government/banking system.

When money can be printed how do you run out? You DON'T you make headlines and politics, but at the end of the day you - the elite - get your house and your dinner for free.

It doesn't end until people say stop and choose a medium that cannot be faked - like Bitcoin.

(Gold also cannot be faked, but using it is just as cumbersome and expensive as our current structure of propping up the elites - at least the elite get something out of fiat)


In the near future Bitcoin will start to swallow up all this fiat, the more the fiat price lowers the faster it will go. Bitcoin is like a financial black hole, it is yet small - but just wait.
At first people will go to Bitcoin because of the price increases, later they will come because it is stable and fiat is collapsing.

In the near future Bitcoin will start to swallow up all this fiat, the more the fiat price lowers the faster it will go. Bitcoin is like a financial black hole, it is yet small - but just wait.
At first people will go to Bitcoin because of the price increases, later they will come because it is stable and fiat is collapsing.

Shut out of debt markets and faced with a steep fall in tax revenues, Athens is expected to run out of cash by the middle or end of March. Its finance minister has warned that Greece will struggle to repay creditors starting with a 1.5 billion euro IMF loan repayment due in March.

Weekend dump expectation, or something not clearly seen in the indicators and oscillators?

Printing does not necessary leads to inflation, since the inflation indicator does not include capital goods, more money will just raise the asset price and bond price. And now more money means more debt, means more of the income will be used to pay the debt, and less money will be used to pay the daily consumption, so there will be deflation even the money printing is accelerating

Of course when banks receive the interest, they will spend, which put those interest money back into circulation, but their spending is very limited and could not create much jobb

Buy low and... sell high?

It just might work!