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

[spooderman]

so now that dollars are more attractive people sell them for bitcoins immediately?

[TERA]

[Hunyadi]

so now that dollars are more attractive people sell them for bitcoins immediately?

[Fatman3001]

so now that dollars are more attractive people sell them for bitcoins immediately?

The dollar isn't going to increase five fold in value because of a 0.25% rate hike.

[peonminer]

so now that dollars are more attractive people sell them for bitcoins immediately?

The dollar isn't going to increase five fold in value because of a 0.25% rate hike.

BTCitcoin will.

[Fatman3001]

so now that dollars are more attractive people sell them for bitcoins immediately?

The dollar isn't going to increase five fold in value because of a 0.25% rate hike.

BTCitcoin will.

Yup, yup!

[DrShell]

I can't post pictures because I'm a newbie.

But look at the EUR-USD Chart, doesn't it look exactly like the BTC/USD chart ? (same curve kinda ...)
EUR dipped than returned in an instant ...

Will be a nice rollercoaster tru the night ...

[r0ach]

Interest rate hike is bullish for Bitcoin.  All excess liquidity from 0% interest went to stock buybacks creating a bubble in that market.  It did not create a bubble in Bitcoin.  Bitcoin was in a bear market the entire time from Gox.  

Stocks imploding when liquidity is removed means investors have to leave that market and go to a new one to try and increase or preserve their wealth.  They aren't going to put everything in a bank and make nothing while also having faith in banks at an all time low.

[Divitiae miserae]

I can't post pictures because I'm a newbie.

But look at the EUR-USD Chart, doesn't it look exactly like the BTC/USD chart ? (same curve kinda ...)
EUR dipped than returned in an instant ...

Will be a nice rollercoaster tru the night ...

Price movements in Kraken follow a more conservative - sometimes anxious - path.
Now Moon.

[TERA]

The fed decision probably has little impact in either direction since btc is global and since it's more driven by technological adoption than traditional investing, and 0.25% probably isn't breaking the bank for anyone.

[peonminer]

Battle for middle earth activate

[TERA]

That's the first time I ever used the ignore feature

[Holliday]

That's the first time I ever used the ignore feature

You must be new here.

[spooderman]

Holliday where have you been?

[wutizurkwest]

It's too early to call a trend, but since the Fed announcement the yuan has lost ground against other major currencies.  Here's one example:



Source: http://www.xe.com/currencycharts/?from=CNY&to=EUR&view=12h

Bullish.

[ChartBuddy]

Coin



Explanation

[gizmoh]

It's too early to call a trend, but since the Fed announcement the yuan has lost ground against other major currencies.  Here's one example:



Source: http://www.xe.com/currencycharts/?from=CNY&to=EUR&view=12h

Bullish.

And you're posting a EURO /CNY chart.

The USD/CNY chart shows the contrary..

Bearish

[Divitiae miserae]

Bitfinex price is still oscillating around the median of the previous wedge, but given that it rebounded onto the four-day lower trend line (which I'm glad we've just tested) we might be headed upwards.

[peonminer]

[wutizurkwest]

It's too early to call a trend, but since the Fed announcement the yuan has lost ground against other major currencies.  Here's one example:



Source: http://www.xe.com/currencycharts/?from=CNY&to=EUR&view=12h

Bullish.

And you're posting a EURO /CNY chart.

The USD/CNY chart shows the contrary..

Bearish

CNY and USD haven't moved much relative to each other, they are in the same range as before the annoucement, but USD is also down against the Euro, as well as the other currencies in the drop-down selection box.

Edit: nevermind, it looks like all the currency pairs are returning to pre-announcement ratios.  Just the system absorbing the news, I guess.