Rally!!!!!

[Nagle]

Gemini then "reversed" that trade.

"Trade reversal decisions are made fully at the discretion of Gemini management" - Gemini

Since this is a New York State regulated exchange, if this cost you money you can complain to the New York State Department of Financial Services. See their rules.. Gemini doesn't necessarily get to do what they want.

NASDAQ has explicit rules on trades far from the previous price. If an order is executed at more than 3% to 10% from the "reference price", it can be undone.

[1714682936]

1714682936

[1714682936]

1714682936

[1714682936]

1714682936

[elux]

http://www.centralbank.org.bb/news/article/8827/should-cryptocurrencies-be-included-in-the-portfolio-of-international-reserves

[elux]

Interesting observation with respect to fundamentals:

"Localbitcoin customers consuming more bitcoins per week than is mined.

USA alone bought (equivalent) 60% of all the bitcoins mined in the last week."

https://www.reddit.com/r/Bitcoin/comments/3vx2z4/localbitcoin_customers_consuming_more_bitcoins/

[Denker]

Interesting observation with respect to fundamentals:

"Localbitcoin customers consuming more bitcoins per week than is mined.

USA alone bought (equivalent) 60% of all the bitcoins mined in the last week."

https://www.reddit.com/r/Bitcoin/comments/3vx2z4/localbitcoin_customers_consuming_more_bitcoins/

Thanks for that link.
Pretty interesting to see these charts.However it's a pitty that they are in shown in local currencies.
Most of these charts saw a massive growth with this year. Biggest exception is Japan. Reason still might be the Mt.Gox debacle.
End it's great to see the growth in russia although the government is absolutely against BTC.

[elux]

via /r/bitcoinmarkets: Why would China boost the price while others don't?

https://www.reddit.com/r/BitcoinMarkets/comments/3vvw48/daily_discussion_tuesday_december_08_2015/cxrjeww

Money is flying out of China

CNNMoney New York December 7, 2015: 6:09 PM ET

On Monday, China's central bank reported $3.4 trillion in foreign exchange reserves, the lowest level since early 2013. November was one of the biggest drops ever.

Many investors are trying to get at least some of their money out of the country. Many Chinese see better opportunities abroad, whether it's real estate in New York or London, pricey art, or stocks and bonds in other countries.

Exact data is hard to come by from China, but Capital Economics forecasts that November set a record for people moving money out of China -- so-called capital outflows.

"Today's data suggest that capital outflows picked up sharply last month," says Julian Evans-Pritchard, chief China economist for research firm Capital Economics.

All the evidence suggests that money has been flowing out of the country at a rapid pace since August when China stunned the world with a surprise devaluation of its currency, the yuan.

The Chinese government simply declared that all of a sudden, the yuan was worth less.

That caused a major selloff in the Chinese stock market and worries that China's economy is slowing down even more than the government is letting on.

When money leaves China, it means people are trading their yuan for dollars, euros and other currency. That makes the yuan fall even further in value.

(...)

http://money.cnn.com/2015/12/07/news/economy/china-foreign-exchange-reserves-shrinking/

[aciddude]

Check out the other charts,
https://coin.dance/charts

Volume across the globe has been steadily going up.

[The Sceptical Chymist]

I lost money in the rally earlier this year, and I'm sure I'll figure out a way to lose money in this one.  It never fails.

[rjclarke2000]

Check out the other charts,
https://coin.dance/charts

Volume across the globe has been steadily going up.

I'd say us UK folk are letting the side down a bit. Shame on us

[elux]

Financial Times: December 18, 2015 6:53 pm

Highlights from Hindsight Capital’s moneymaking year



context: https://www.youtube.com/watch?v=FwMImAZZkW8

[elux]

2016!!!!!!

We made it. Bitcoin is dead. New ATH this year! (Quote me.)

[The Sceptical Chymist]

2016!!!!!!

We made it. Bitcoin is dead. New ATH this year! (Quote me.)

A'ight bitch, you're quoted.  Are you laying money on this prediction??

[elux]

We made it. Bitcoin is dead. New ATH this year! (Quote me.)

Guess I was wrong but in the best kind of way.

New ATHs across the board as of January 04 2017.

[rjclarke2000]

I hope no one minds me bumping this thread.

[elux]

We made it. Bitcoin is dead. New ATH this year! (Quote me.)

New ATHs across the board as of January 04 2017.

I hope no one minds me bumping this thread.

Grrr!