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

[ChartBuddy]

[SheHadMANHands]

CAVirtex is now ahead of Gox 

That's CAD though, of course.. not USD.

[adamstgBit]

i think i have just enough PPUSD for 1 BTC 

[solex]

Whoa since when did Virtex run almost in line with Gox? They were constantly the lowest price around. Or maybe that is the answer, EVIL arbitrageurs got their money into Virtex.

edit

Also didn't realize Cad had lost some value to usd. Virtex btc effectively = to btc-e price.

ya CAD/USD went down a bit.. but not much really, i think virtex is a few dollars higher then usual because of the 1 atm. theirs line ups! and poeple meeting up for coffee and buying bitcoin.


Can i buy an ATM i heard it was like only 20K ?

The Vancouver ATM is reportedly using Bitstamp. The main reason being that Virtex couldn't provide a test service in advance of going live. So the CAD price increase is more likely news-driven. What is also interesting is that the day 2 volume of 139 BTC exceeded the whole October monthly total traded on Ripple (135 BTC).

[adamstgBit]

Whoa since when did Virtex run almost in line with Gox? They were constantly the lowest price around. Or maybe that is the answer, EVIL arbitrageurs got their money into Virtex.

edit

Also didn't realize Cad had lost some value to usd. Virtex btc effectively = to btc-e price.

ya CAD/USD went down a bit.. but not much really, i think virtex is a few dollars higher then usual because of the 1 atm. theirs line ups! and poeple meeting up for coffee and buying bitcoin.


Can i buy an ATM i heard it was like only 20K ?

The Vancouver ATM is reportedly using Bitstamp. The main reason being that Virtex couldn't provide a test service in advance of going live. So the CAD price increase is more likely news-driven. What is also interesting is that the day 2 volume of 139 BTC exceeded the whole October monthly total traded on Ripple (135 BTC).

i thought the ATMs used virtex...

well mine will use virtex price 

[ChartBuddy]

[adamstgBit]

http://www.marketwatch.com/investing/bond/10_year  10 year bond is on the move!

Can the FED print enough money to fix this?

[Walsoraj]

http://www.marketwatch.com/investing/bond/10_year  10 year bond is on the move!

Can the FED print enough money to fix this?

3% is considered a danger zone, but not the zombie apocalypse event horizon. As the rate rises, the US spends more on interest payments. Also, many consumer loans are derived from the 10yr, including some mortgages. Small rate increases can have huge, immediate effects.

The 10yr isn't the only relevant rate, but is considered by many experts to be one of the better near/mid-term indicators.

*edit*

also, wtf are you talking about. The 10yr is not on the move right now. The markets are closed.

It is pretty low given the last few months. But, high for the year.

[NewLiberty]

http://www.marketwatch.com/investing/bond/10_year  10 year bond is on the move!

Can the FED print enough money to fix this?

Its perverse.
The PMI comes out better than expected (producers are succeeding) so there is a monetary move to stocks to invest in producing companies and away from the bonds, which causes the interest on the bonds to rise.
But the government spent all the money for the next generation of production already so now has to pay more interest to keep floating dollars.

This meager economic success means that the FED has to suppress interest rates, or the government goes belly up?
WHAT IS WRONG WITH THIS PICTURE?

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[adamstgBit]

FOR IMMEDIATE RELEASE

November 1, 2013 - Havelock Investments (HavelockInvestments.com), a leading Bitcoin Denominated Investment Fund, announced today that it has executed a definitive agreement to be acquired by The Panama Fund, S.A, a fully licensed and registered Panamanian Investment Company.

The acquisitions creates the world's first, fully licensed, Bitcoin Denominated Fund Exchange, where companies from around the world will be able to raise capital directly, through the exclusive use of Bitcoins.

With this acquisition HavelockInvestments.com will be able to maintain its current Funds, as well as expand its operations, while attracting new opportunities in the rapidly expanding Bitcoin Marketplace.

The original HavelockInvestments.com team will remain in place and will play a key role in the future growth of the company.

 

[adamstgBit]

http://www.marketwatch.com/investing/bond/10_year  10 year bond is on the move!

Can the FED print enough money to fix this?

3% is considered a danger zone, but not the zombie apocalypse event horizon. As the rate rises, the US spends more on interest payments. Also, many consumer loans are derived from the 10yr, including some mortgages. Small rate increases can have huge, immediate effects.

The 10yr isn't the only relevant rate, but is considered by many experts to be one of the better near/mid-term indicators.

*edit*

also, wtf are you talking about. The 10yr is not on the move right now. The markets are closed.

It is pretty low given the last few months. But, high for the year.

it will be above 3% pretty soon... I think, but ya the FED is just going to keep printing and keep it low. Markets are making new highs still.

[ChartBuddy]

[SheHadMANHands]

Little buzzed.. bitcoiner coming over to buy .269 btc.  He came over and bought 1 btc from me last week... real nice guy.  Apparently he needs it now...  

Love bitcoiners

[mccorvic]

which is the same as bitcoin but like silver to gold and will be worth 1/4th of bitcoin because there will be 4x of them

This is still one of the dumbest abuses of logic I have ever heard and my faith in humanity dies a little every time I see someone post it.

[ArticMine]

CAVirtex is now ahead of Gox  

That's CAD though, of course.. not USD.

No Virtex is not ahead of MTGox at this time.

Virtex 214 CAD = 205.3 USD
MtGox 213.01 USD
Bitstamp 204.01 USD
BTCChina 1279 CNY = 210 USD
BTC-E 199.2 USD

So some but not all the polar bears have migrated from Canada to Russia.

[ChartBuddy]

[Habeler876]

...... so we're going up from here, right? 

[Shallow]

We are going down to $150 soon. The end is nigh

[Spaceman_Spiff]

We are going down to $150 soon. The end is nigh

Imagine hearing that a year ago.  We would be so thrilled :-).

[adamstgBit]

We are going down to $150 soon. The end is nigh

Imagine hearing that a year ago.  We would be so thrilled :-).