Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[camolist]

bear crazies are still borrowing my coins 

i mean you've got to be a bit special to bet against bitcoin (it can only go to 0..realistically not even that low..but its possible.. but it can go how high potentially?) but borrowing coins at these rates (when you can "refinance" by clicking a checkbox and a button to ~0.05%) takes it to a whole other level 

BTC   8.97808362   0.1999%   24 Mar 17:56   23 days   Notify
BTC   3.66641237   0.3999%   25 Mar 03:40   23 days   Notify
BTC   9.11315726   0.49%   24 Mar 16:32   16 days   Notify

[billyjoeallen]

Any Toronto folk can vouch for The Star?

Is it considered a main stream, "real news" type publication? Or is it like the onion?

http://m.thestar.com/#/article/news/canada/2015/03/23/rocco-galati-in-court-to-challenge-how-bank-of-canada-does-business.I

Edit:
http://www.thestar.com/news/canada/2015/03/23/rocco-galati-in-court-to-challenge-how-bank-of-canada-does-business.html

Story sounds too good to be true, hard to believe.

This guy is a moron. Wealth doesn't come from nowhere. If the Bank of Canada creates money out of nothing to finance public works (or anything really), that wealth is taken out of the pockets of everyone who saves in Canadian dollars. This is why counterfeiting is illegal. If this guy wins his case, there is a mountain of money to be made shorting the loony.

[shmadz]

Any Toronto folk can vouch for The Star?

Is it considered a main stream, "real news" type publication? Or is it like the onion?

http://www.thestar.com/news/canada/2015/03/23/rocco-galati-in-court-to-challenge-how-bank-of-canada-does-business.html

Story sounds too good to be true, hard to believe.

This guy is a moron. Wealth doesn't come from nowhere. If the Bank of Canada creates money out of nothing to finance public works (or anything really), that wealth is taken out of the pockets of everyone who saves in Canadian dollars. This is why counterfeiting is illegal. If this guy wins his case, there is a mountain of money to be made shorting the loony.

"That guy" is not a moron. He is a lawyer being paid to file a lawsuit. Apparently the government tried to get the case dismissed twice, and couldn't.

https://youtu.be/q0IUl2UMwt4?t=20s

^Even a 12 year old girl knows the current system is a scam.

And if counterfeiting is illegal for our government, why is it ok for private bankers?

Do you even understand the words that are coming out of your mouth you are typing?

[ChartBuddy]

Coin
Explanation

[JimboToronto]

If the Bank of Canada creates money out of nothing to finance public works (or anything really), that wealth is taken out of the pockets of everyone who saves in Canadian dollars.

You mean just as every time the American Federal Reserve Bank creates money out of nothing to finance the military-industrial complex, that wealth is taken out of the pockets if everyone who saves in US dollars?

At least the Bank of Canada is owned by the Canadian public, not a privileged elite like the owners of the Fed, and the recipients of the funding are engaged in building and maintaining infrastructure designed to educate and provide medical and other essential services to people, rather than killing and imprisoning them.

[Ask Ken About Love]

...
At least the Bank of Canada is owned by the Canadian public...

You sure?

The [Bank of Canada] was founded by the Bank of Canada Act on July 3, 1934, as a privately owned corporation. In 1938, the bank became a Crown corporation, belonging to the monarch in right of Canada. The Minister of Finance holds the entire share capital issued by the bank. "Ultimately, the Bank is owned by the Minister of Finance on behalf of Her Majesty in right of Canada."

Canada--Like Australia, But Cold!^TM

[tarmi]

bear crazies are still borrowing my coins  

bull kamikaze even more crazy.




I mean seriously hoping to break 255 like this ?  

[WeltMaster]

poor fuckers still buying and hoping.

I am bored, see you in a couple of days.

 

[tarmi]

poor fuckers still buying and hoping.

I am bored, see you in a couple of days.

 

yeah, well...I had to come back, got a call from a delusional bull. he is hoping to push this up on no or low volume. really annoying.

how's your long doing? still hoping to see 260, yes?

[JimboToronto]

...
At least the Bank of Canada is owned by the Canadian public...

You sure?

In 1938, the bank became a Crown corporation, belonging to the monarch in right of Canada. The Minister of Finance holds the entire share capital issued by the bank. "Ultimately, the Bank is owned by the Minister of Finance on behalf of Her Majesty in right of Canada."

De facto same thing. The government is merely a bunch of servants of the Canadian populace, not their bosses. The courts can tell the government to F off any time they wish, and frequently do. Nobody likes insubordinate servants.

As for the monarchy, it has been close to being abolished for decades. Most Canadians see it as a quaint relic from the past. Impotent, not important. No big deal.

[gkv9]

poor fuckers still buying and hoping.

I am bored, see you in a couple of days.

 

yeah, well...I had to come back, got a call from a delusional bull. he is hoping to push this up on no or low volume. really annoying.

how's your long doing? still hoping to see 260, yes?

Who ain't worried to see some bulls entering the markets and pushing the price up a bit more???
The only thing people don't know here is "a bit" only, they don't know what their goal is and just satisfy themselves thinking it will get towards up a bit more and more, but their greed kills them...

[WeltMaster]

poor fuckers still buying and hoping.

I am bored, see you in a couple of days.

 

still waiting for all the weak hands to be shaken out

FTFY

[Mad Scientist]

Looks like 250ish Bitcoin is gonna' stick around.

For quite a while.

[ChartBuddy]

Coin
Explanation

[Ask Ken About Love]

...
At least the Bank of Canada is owned by the Canadian public...

You sure?

In 1938, the bank became a Crown corporation, belonging to the monarch in right of Canada. The Minister of Finance holds the entire share capital issued by the bank. "Ultimately, the Bank is owned by the Minister of Finance on behalf of Her Majesty in right of Canada."

De facto same thing. The government is merely a bunch of servants of the Canadian populace, not their bosses. The courts can tell the government to F off any time they wish, and frequently do. Nobody likes insubordinate servants.

As for the monarchy, it has been close to being abolished for decades. Most Canadians see it as a quaint relic from the past. Impotent, not important. No big deal.

Canada has a government?!  A monarchy even?  So what's your Klondike Queen's name, Blacque Jacque Shellacque?
Anyhow, always thought you made do with something a bit more utilitarian, like maybe an electrified fence with cattle grids at border crossings.
But if you say you got yourself a fancy government just like a real country, guess you got a government

[JimboToronto]

...
At least the Bank of Canada is owned by the Canadian public...

You sure?

In 1938, the bank became a Crown corporation, belonging to the monarch in right of Canada. The Minister of Finance holds the entire share capital issued by the bank. "Ultimately, the Bank is owned by the Minister of Finance on behalf of Her Majesty in right of Canada."

De facto same thing. The government is merely a bunch of servants of the Canadian populace, not their bosses. The courts can tell the government to F off any time they wish, and frequently do. Nobody likes insubordinate servants.

As for the monarchy, it has been close to being abolished for decades. Most Canadians see it as a quaint relic from the past. Impotent, not important. No big deal.

fart

I should have known better than to expect an intelligent conversation with a worthless troll.

Sigh.

[ChartBuddy]

Coin
Explanation

[Morecoin Freeman]

Everyone get ready for the April Fools' Pump today!

[gkv9]

Everyone get ready for the April Fools' Pump today!

No pumps or dumps might get seen as the markets have gone sideways, seems some stability has come at ~250 as the value has been hovering round to it all the time since months...

[bad trader]

I don't see this staying above $240 for long, unless this goes above $260 soon.