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

[adamstgBit]

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.

we've created more jobs, doubled the workforce, extended the retirement age, gr8ly improved technology,  and still the world economy is going to shit?? really?

[ChartBuddy]

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Explanation

[podyx]

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.

we've created more jobs, doubled the workforce, extended the retirement age, gr8ly improved technology,  and still the world economy is going to shit?? really?

Well, it's a pyramid, eventually it's all going to shit no matter how well things go.

[Andre#]

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.

Interesting observation!

[Sitarow]

[megges]

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!

what makes me really sick in all this is, if i have a large amount of money at the bank i have to pay negative interest rates (here in germany a few banks are pulling that off already), and on the other hand if i use my credit line i have to pay between 9 and 15% annually, too - win win for the banks, lose lose for the normal guys.

[adamstgBit]

we've created more jobs, doubled the workforce, extended the retirement age, gr8ly improved technology,  and still the world economy is going to shit?? really?

The only solution: MMM Republic of Bitcoin!
What we need is more people gambling trading bitcoin, and soon we'll see improvements across the board.

Bitcoin offers perfect information to everyone.
1 billion dollars can't go unaccounted for.
and you can't have a government bribing another without everyone knowing about it.
bacily it enforces the rules which we all agree to without fault.
so yes the answer to all the worlds made up problems, is indeed bitcoin.

[becoin]

what makes me really sick in all this is, if i have a large amount of money at the bank i have to pay negative interest rates (here in germany a few banks are pulling that off already), and on the other hand if i use my credit line i have to pay between 9 and 15% annually, too - win win for the banks, lose lose for the normal guys.

Don't use banks and credit cards. Pay only in cash for all your basic needs!

[peonminer]

Get your raincoats.


https://www.cryptocoinsnews.com/bitcoin-price-decline-may-found-support/

Below the current area of price action there are targets at 2200 CNY and $340 (Bitstamp). If the red 200MA gives way price should head for the aforementioned target, but may decline much lower. In the absence of clear trade signals we cannot be sure where decline will find a bottom - presumably $300 will serve as strong support, although a return to the mid $200s cannot be ruled out.

[adamstgBit]

we've created more jobs, doubled the workforce, extended the retirement age, gr8ly improved technology,  and still the world economy is going to shit?? really?

The only solution: MMM Republic of Bitcoin!
What we need is more people gambling trading bitcoin, and soon we'll see improvements across the board.

Bitcoin offers perfect information to everyone.
1 billion dollars can't go unaccounted for.

A huge percentage of Bitcoin has gone "unaccounted for" -- See Gox, see Pirate, see TF, see Ukyo, see Danny, etc., etc.
Knowing that your coin went to Obvious Money Launderer Provably Fair Dice site before ending up in Anon's pocket doesn't help much, if you know what I mean

that's because it's the early days...
government wallets won't be able to arbitrarily send money to unknown addresses...
the poeple will demand they break down their spending plan, and watch them, making sure they don't go sending 10BTC to unknown address for unknown reasons.

[BlindMayorBitcorn]

we've created more jobs, doubled the workforce, extended the retirement age, gr8ly improved technology,  and still the world economy is going to shit?? really?

The only solution: MMM Republic of Bitcoin!
What we need is more people gambling trading bitcoin, and soon we'll see improvements across the board.

Bitcoin offers perfect information to everyone.
1 billion dollars can't go unaccounted for.

A huge percentage of Bitcoin has gone "unaccounted for" -- See Gox, see Pirate, see TF, see Ukyo, see Danny, etc., etc.
Knowing that your coin went to Obvious Money Launderer Provably Fair Dice site before ending up in Anon's pocket doesn't help much, if you know what I mean

that's because it's the early days...
government wallets won't be able to arbitrarily send money to unknown addresses...
the poeple will demand they break down their spending plan, and watch them, making sure they don't go sending 10BTC to unknown address for unknown reasons.

Confidential Transactions: a side-chain for shady doings. Wait for it.

[adamstgBit]

at its core money is an abstract concept, one which only works when everyone agrees to use it. We didn't get a say as to how the money system works, We tried to make an honest system back by gold, and that was fiendishly dismantled and fiat put in its place. its as clear as day the system we have today was build to secure "their" power and take away ours. you have to be ignorant not to see it.

[LMGTFY]

what makes me really sick in all this is, if i have a large amount of money at the bank i have to pay negative interest rates (here in germany a few banks are pulling that off already), and on the other hand if i use my credit line i have to pay between 9 and 15% annually, too - win win for the banks, lose lose for the normal guys.

Which German bank is charging you negative interest rates? AFAIK only business accounts. And why would you use credit *at any rate* if you can spend money you're basically paying to store?
You sure you're not just making this shit up?

Deutsche Skatbank, late last year:

Those with deposits of more than €500,000 (£393,000), will, rather than receiving interest on their deposits, have an interest rate of -0.25pc per annum. However, the bank said it would only actually apply this if balances went above €3m.

You need to re-read megges' post. They didn't say they'd use credit when then had money in a negative-interest account. Both halves of the sentence started with "if" - the point was that the banking industry gets you both ways. Bit weird, if you ask me, that you'd immediately assume stupidity rather than good faith. A bit... lamby.

[ChartBuddy]

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Explanation

[Lincoln6Echo]

price is slowley creeping up again.

Where the hell is protrader tarmi btw? He is so quiet lately. What a pity!  

[adamstgBit]

we've created more jobs, doubled the workforce, extended the retirement age, gr8ly improved technology,  and still the world economy is going to shit?? really?

The only solution: MMM Republic of Bitcoin!
What we need is more people gambling trading bitcoin, and soon we'll see improvements across the board.

Bitcoin offers perfect information to everyone.
1 billion dollars can't go unaccounted for.

A huge percentage of Bitcoin has gone "unaccounted for" -- See Gox, see Pirate, see TF, see Ukyo, see Danny, etc., etc.
Knowing that your coin went to Obvious Money Launderer Provably Fair Dice site before ending up in Anon's pocket doesn't help much, if you know what I mean

that's because it's the early days...
government wallets won't be able to arbitrarily send money to unknown addresses...
the poeple will demand they break down their spending plan, and watch them, making sure they don't go sending 10BTC to unknown address for unknown reasons.

Confidential Transactions: a side-chain for shady doings. Wait for it.

how do you imagine shareholders would react to a company making "Confidential Transactions" to the tune of 5% of revenue. you think they would like that? maybe they would place more value on an honest businesses not operating in the shadows.

bitcoin is a power tool, one which makes it impossible for a bad actors to pretend to be good.

[adamstgBit]

price is slowley creeping up again.

Where the hell is protrader tarmi btw? He is so quiet lately. What a pity!  

don't worry it'll crash again.

[adamstgBit]

SELL ALL YOUR BITCOINS

it's going nowhere!

[peonminer]

here comes the

[LMGTFY]

The post is written in the present tense, "if i have a large amount of money at the bank i have to pay negative interest rates"
IF what you suggest is true, the quoted text would read thusly:
"if i have a large amount of money at the bank, and if the banks still charged negative interest rate on deposits of over €500,000, which they once did but no longer do, i have to pay negative interest rates."

If that was the case, I would probably reply that as much as my heart bleeds for those with over €500,000 (£393,000) sitting in the bank (while half of the world is living on less than $2/day), life is unfair -- try to suck it up.
 

Yup, it's the wee lamb. Lamb, maybe go back and read what you're replying to, and your own posts. Take your time. Your language skills aren't great, and one area they really seem to fall down is when dealing with non-native English, but what megges said is perfectly clear. Desperately trying to read too much into what other people have said is one of your more obnoxious tells.

Incidentally, there are terraced houses down the street from me that cost more than £400k. The poor lower-middle class families who reside there will love to know you're so concerned about what they'll do when they sell their homes, should British banks follow this German example.