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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26368691 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
JorgeStolfi
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December 02, 2015, 04:58:21 PM

Venezuela has had every opportunity to diversify its economy. Their oil reserves and oil revenues for the last decades should have put them in an extraordinary well off position. Poor leadership and the peoples appetite for corrupt populist leaders is what's standing in their way.

They certainly had the opportunity, but the easy oil money removed the motivation.

Spain and Portugal were world powers in the 16th and 17th centuries, largely because of the gold that they plundered in the Americas and spices and such from the orient.  As a consequence, they did not develop industry either.  When they were cut off from those externas sources of wealth, they became the poorest countries in Europe -- until they joined the EU.
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ChartBuddy
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December 02, 2015, 05:01:01 PM

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galdur
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December 02, 2015, 05:06:08 PM

It's called Kopi Luwak. Civets are used to, ahem, process the coffee. Apparently nowadays the animals are caged and force-fed to cater to the high demand.

... which may defeat the purpose. I gather that the natural product is good only because the civet feeds exclusively on ripe berries; whereas picked berries always have a mix of ripe and unripe ones.

It´s just a story, a gimmick. Apparently it tastes like bad coffee, even if the civets eat top quality berries..
r0ach
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December 02, 2015, 05:13:46 PM

People need to dump some coins now as I'm waiting for a long time to buy BTC @$220.

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December 02, 2015, 05:28:39 PM

China is asleep and doesn't follow yet. Time to wake up comrades, and panic buy... Wink
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December 02, 2015, 05:36:15 PM

1,450 btc market buy.  Did Stolfi back up the truck to pick up a shipment?
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December 02, 2015, 05:39:39 PM

In other news... € continue dying. Parity in few months I guess. Wink
emelac
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December 02, 2015, 05:57:47 PM

1,450 btc market buy.  Did Stolfi back up the truck to pick up a shipment?

Is there a reason for the 1,450 btc market buy, or is it due to a whale farting, or some leveraged trade gone wrong? The only news I heard is that Garza is getting charged for running a Ponzi, and I don't think that's what led to the market buy. That news was out before today anyway.
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December 02, 2015, 06:00:56 PM

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adamstgBit
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December 02, 2015, 06:04:27 PM

In other news... € continue dying. Parity in few months I guess. Wink

the EUR isn't dying the USD is just very strong.
http://www.marketwatch.com/investing/index/dxy
the USD should come back down as the FED achieves its 2% inflation rate target thing.
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December 02, 2015, 06:05:18 PM

1,450 btc market buy.  Did Stolfi back up the truck to pick up a shipment?

It was NLC.

He/she trolled the community to get the price down & thought this was finally a good entry point.

Don't shoot the messenger.
noobtrader
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December 02, 2015, 06:22:43 PM

It's called Kopi Luwak. Civets are used to, ahem, process the coffee. Apparently nowadays the animals are caged and force-fed to cater to the high demand.

... which may defeat the purpose. I gather that the natural product is good only because the civet feeds exclusively on ripe berries; whereas picked berries always have a mix of ripe and unripe ones.

i bet sometimes they only feed the rotten berries too because its cheaper LOL
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December 02, 2015, 06:27:36 PM

In other news... € continue dying. Parity in few months I guess. Wink

the EUR isn't dying the USD is just very strong.
http://www.marketwatch.com/investing/index/dxy
the USD should come back down as the FED achieves its 2% inflation rate target thing.

The dollar has been pricing in fed hikes since mid 2014.It´s a long and confused process, which is understandable since the fed has talked in every direction and out of both sides of the mouth. Not to mention the forked tongue.

They´re always about to hike but maybe not yet, they´ve talked about negative rates sometimes. The economy is good but then maybe not so good. It´s like a dog chasing its own tail. Spokeswoman Yellen got so confused recently by all this circle jerking that she almost choked on her own bullcrap.
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December 02, 2015, 06:29:11 PM

Boom goes the BTC dynamite Smiley

And the weasel that ate too much coffee??
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December 02, 2015, 06:35:17 PM

In other news... € continue dying. Parity in few months I guess. Wink

the EUR isn't dying the USD is just very strong.
http://www.marketwatch.com/investing/index/dxy
the USD should come back down as the FED achieves its 2% inflation rate target thing.

The dollar has been pricing in fed hikes since mid 2014.It´s a long and confused process, which is understandable since the fed has talked in every direction and out of both sides of the mouth. Not to mention the forked tongue.

They´re always about to hike but maybe not yet, they´ve talked about negative rates sometimes. The economy is good but then maybe not so good. It´s like a dog chasing its own tail. Spokeswoman Yellen got so confused recently by all this circle jerking that she almost choked on her own bullcrap.

The FED permafrost the interest rates since 2006.

They are certainly not doing anything else, for as long as the status quo holds..

Clock is ticking tho, pepper your pop corn.
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December 02, 2015, 06:36:28 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 raise rates. Good luck Janet.
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December 02, 2015, 06:41:18 PM

In Indonesia it´s not a weasel but some kind of cat in the poop coffee story there. Some other place it´s goats I think. It´s true stories I´m sure but the sales based on it are probably mostly a scam.

can we do this to bitcoin and have its value increase?



everyone needs to buy bitcoins to replace the coins they traded for #blackfriday #cybermonday ......... 
galdur
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December 02, 2015, 06:48:11 PM

Well, Janet seems to be in good shape and sounds hikeish however long that lasts.



"The FOMC is an organization that does not suffer from groupthink," she explained. "But nevertheless, I think for the FOMC to be successful and to communicate a coherent policy to the public, we do need a certain degree of consensus."

"When the Committee begins to normalize the stance of policy, doing so will be a testament, also, to how far our economy has come in recovering from the effects of the financial crisis and the Great Recession," Yellen said at the conclusion of her prepared remarks. "In that sense, it is a day that I expect we all are looking forward to."

Not many people in high places view groupthink as an affliction. Nice, Janet.
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December 02, 2015, 07:01:12 PM

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adamstgBit
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December 02, 2015, 07:17:54 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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