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

[r0ach]

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

[gotmilk_]

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

[emelac]

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.

[ChartBuddy]

Coin



Explanation

[adamstgBit]

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

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.

[LFC_Bitcoin]

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]

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

[galdur]

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

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.

[peonminer]

Boom goes the BTC dynamite

And the weasel that ate too much coffee??

[hdbuck]

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

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.

[galdur]

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.

[aztecminer]

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]

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.

[ChartBuddy]

Coin



Explanation

[adamstgBit]

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!

[JorgeStolfi]

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

Since 2015-11-25, when the daily volume at OKCoin and Huobi jumped to a new level,  there seem to be a relatively sharp daily spike in volume. In the 1h chart, those spikes stand out quite clearly, often 50%-100% higher than the adjacent bars.  Yesterday's peak at OKCoin was ~350 kBTC in one hour, which used to to be a large number for the daily volume until a couple of months ago.  

These sharp daily spikes apparently started in Sep/2015, with the start of the exponential mini-rally that peaked on 2015-11-03.  Curiously the time of the spikes seems to be drifting.  At OKCoin (UTC times):

2015-11-25 11:00
2015-11-26 03:00
2015-11-26 12:00
2015-11-27 03:00
2015-11-28 05:00
2015-11-29 08:00
2015-11-30 09:00
2015-12-01 10:00
2015-12-02 12:00

China local time is UTC plus 8 hours, so the local times range from 11 am to 8 pm.

[emelac]

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!

Now we have to pay someone else to look after our kids, and do "nothing" because both husband and wife have to work. That generates even more work for people to look after kids. I'm old fashioned and think our kids would have better childhoods being brought up by their parents than by paid childminders.

[dloghwak]

...
how long can this flat out lying + tricky accounting hold the markets up?
...

No longer than another week?
FED: Flat-out lying to you since 1913^TM

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.

Clearly failing to get *any* working hours out of you. And not just 'coz you're Canadian

i'm working, i take breaks... am i not allowed to breaks?

You as part of "a society of our size and technical know how" are allowed to take breaks. But you need to tell the people of the other societies to work more to compensate for your society.
Go back to work you filthy citizens of developing countrys, Adam wants to stay at home!

[hdbuck]

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!

Now we have to pay someone else to look after our kids, and do "nothing" because both husband and wife have to work. That generates even more work for people to look after kids. I'm old fashioned and think our kids would have better childhoods being brought up by their parents than by paid childminders.

2x work... 2x taxes.

[galdur]

Well, now that the Fed is leveraged 80 to 1 and its Wall St. owners are leveraged to the hilt as well it really isn´t easy to raise interest rates. Bond price and yield move in opposite directions. With this extreme leverage it doesn´t really take that much in hikes to effectively wipe out the Fed´s equity. Then what? Print more money as debt for banks that are insolvent as well?