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

[asganauei]

The price is really stable, when the storm will start probably nobody knows.

[ChartBuddy]

Explanation

[oda.krell]

This already been posted here?

[macsga]

This already been posted here?

Pretty much the truth (not only for bitcoin though). Everybody within a system gets criticism from those outside of the system. I yesterday was with a bunch of people (all work in big financial institutes worldwide). They tried to emphasize that bitcoin is nothing but a foe, a ponzi, it "doesn't represent a store of value", "won't be able for a country to inflate it" etc.

One of them was actually friendly about it. He said that big CC companies and companies like Apple or Google could actually make a good use of it via electronic payments that are represented through the blockchain system. No matter what they said, what was important from my point of view, is the fact that THEY KNEW about it. I find this to be a great progress since a couple of years ago.

[ChartBuddy]

Explanation

[troisky]

What do you guys think about the measures taken by Mario Draghi? (About Euro)

[hdbuck]

What do you guys think about the measures taken by Mario Draghi? (About Euro)

Good, bad, whatever, euro is doomed anyway, (and worthless - ie. 0,05% interest rate). Plus, BCE buying up credits is just another foolish attempt at sustaining the current statu quo.
And sources told me they will start QE in 2015. It's because of such blatant fraud and incompetence I will always be a bitcoin bull deep down. I can smell it in the air, we are going to the moon sooner or later.

[grappa_barricata]

What do you guys think about the measures taken by Mario Draghi? (About Euro)

People seems to think that these moves are bad for EU. They understand little of the matter, i think.
The recent moves of the ECB are the 'final kick in the nuts' to the US/UK economies.
The process has been made as gradual as possible, and this is appreciable. But the thing is, the Euro is not doomed (lol), quite the contrary.
When the US T-Bond market implode this will become clear.
The ABS, a recently introduced investment vehicle, is telling the world that the US economic hegemony is 'officially' over (it has been fading for 25 years already) and that there will be a return to the so-called 'real economy'.

[hdbuck]

What do you guys think about the measures taken by Mario Draghi? (About Euro)

People seems to think that these moves are bad for EU. They understand little of the matter, i think.
The recent moves of the ECB are the 'final kick in the nuts' to the US/UK economies.
The process has been made as gradual as possible, and this is appreciable. But the thing is, the Euro is not doomed (lol), quite the contrary.
When the US T-Bond market implode this will become clear.
The ABS, a recently introduced investment vehicle, is telling the world that the US economic hegemony is 'officially' over (it has been fading for 25 years already) and that there will be a return to the so-called 'real economy'.

You really think the euro will take on us dollar? rofl. UK's pound is doing much better than the euro or the dollar anyway. Who is coming along in the euro zone in 2015 again? Romania, Lituania & Bulgaria. Wonderful.

[ensurance982]

What do you guys think about the measures taken by Mario Draghi? (About Euro)

People seems to think that these moves are bad for EU. They understand little of the matter, i think.
The recent moves of the ECB are the 'final kick in the nuts' to the US/UK economies.
The process has been made as gradual as possible, and this is appreciable. But the thing is, the Euro is not doomed (lol), quite the contrary.
When the US T-Bond market implode this will become clear.
The ABS, a recently introduced investment vehicle, is telling the world that the US economic hegemony is 'officially' over (it has been fading for 25 years already) and that there will be a return to the so-called 'real economy'.

You really think the euro will take on us dollar? rofl. UK's pound is doing much better than the euro or the dollar anyway. Who is coming along in the euro zone in 2015 again? Romania, Lituania & Bulgaria. Wonderful.

So what? Additional economies in an developing region! I wouldn't necessarily call this bad! I think the Euro can be very very successful because it's a currency in most of Europe! A lot of different countries work and contribute to its success!

[NotLambchop]

...I can smell it in the air, we are going to the moon sooner or later.

That's not rocket fuel you smell, hdbuck.  That's the stench of despair

[grappa_barricata]

What do you guys think about the measures taken by Mario Draghi? (About Euro)

People seems to think that these moves are bad for EU. They understand little of the matter, i think.
The recent moves of the ECB are the 'final kick in the nuts' to the US/UK economies.
The process has been made as gradual as possible, and this is appreciable. But the thing is, the Euro is not doomed (lol), quite the contrary.
When the US T-Bond market implode this will become clear.
The ABS, a recently introduced investment vehicle, is telling the world that the US economic hegemony is 'officially' over (it has been fading for 25 years already) and that there will be a return to the so-called 'real economy'.

You really think the euro will take on us dollar? rofl. UK's pound is doing much better than the euro or the dollar anyway. Who is coming along in the euro zone in 2015 again? Romania, Lituania & Bulgaria. Wonderful.

The fact that 1 Euro is worth more USD today that was yesterday is good for the Euro, not for the USD.
And your 'sources' are telling you about 'ECB QE in 2015' because they want to keep unloading T-Bonds to the american public.

[hdbuck]

What do you guys think about the measures taken by Mario Draghi? (About Euro)

People seems to think that these moves are bad for EU. They understand little of the matter, i think.
The recent moves of the ECB are the 'final kick in the nuts' to the US/UK economies.
The process has been made as gradual as possible, and this is appreciable. But the thing is, the Euro is not doomed (lol), quite the contrary.
When the US T-Bond market implode this will become clear.
The ABS, a recently introduced investment vehicle, is telling the world that the US economic hegemony is 'officially' over (it has been fading for 25 years already) and that there will be a return to the so-called 'real economy'.

You really think the euro will take on us dollar? rofl. UK's pound is doing much better than the euro or the dollar anyway. Who is coming along in the euro zone in 2015 again? Romania, Lituania & Bulgaria. Wonderful.

So what? Additional economies in an developing region! I wouldn't necessarily call this bad! I think the Euro can be very very successful because it's a currency in most of Europe! A lot of different countries work and contribute to its success!

Well i didnt mean to offense anyone and i do respect all countries but this exactly the problem:  who is going to suffer from such radical shift in their currency (from worthless to 1,4$)? hum? The local people. It's plain stupid to put in the same monetary basket so many different economies. just saying.. + the fall of the dollar (as we at least agree on this point) is certainly going to affect the euro as in dominos, just like in 2008. Both systems are too bond to survive without the other, with all their shadow banking etc..

edit: and brits are much clever than US and EU. Why do you think they kept their currency?

edit: like i said, just another lame attempt at plugging the holes of this defaulting occidental financial system. last recourse: QE (& trap as many stupid countries as you can before it blacks out). too big to fail isnt it?

[ChartBuddy]

Explanation

[hdbuck]

...I can smell it in the air, we are going to the moon sooner or later.

That's not rocket fuel you smell, hdbuck.  That's the stench of despair

nope, bitcoin to da moon.

and then to mars.



edit: and AM comes along too

[grappa_barricata]

[...] It's plain stupid to put in the same monetary basket so many different economies [...]

I think this can assure the world that the Euro will not be USD 2.0, if you know what i mean.

About UK: the Brown Bottom put them in a weak position now, not to mention that they bet everything on (and prospered from) the US scheme. And will bear its fallout.
About East Europe: they are perhaps the piece of land with the most unrealized economic potential on the whole planet.

Come on UK, join us

[hdbuck]

About East Europe: they are perhaps the piece of land with the most unrealized economic potential on the whole planet.

Sure, but the euro is going to drain it all away from the people there..

Come on UK, join us

wasnt there a debate about simply leaving the EU recently?

[JorgeStolfi]

Well i didnt mean to offense anyone and i do respect all countries but this exactly the problem:  who is going to suffer from such radical shift in their currency (from worthless to 1,4$)? hum? The local people.

The exchange rate is irrelevant, what matters is whether banks and government can survive without issuing new money.  (The Italian lira was worth a fraction of a penny when Italy switched to euro, yet Italians did not suffer more than Germans with the conversion.)

and brits are much clever than US and EU. Why do you think they kept their currency? 

What?!? But... they eat boiled tomatos at breakfast, and spread mint jelly on their meat... 

 

[grappa_barricata]

wasnt there a debate about simply leaving the EU recently?

They would like, but... it aint gonna happen 

[hdbuck]

Well i didnt mean to offense anyone and i do respect all countries but this exactly the problem:  who is going to suffer from such radical shift in their currency (from worthless to 1,4$)? hum? The local people.

The exchange rate is irrelevant, what matters is whether banks and government can survive without issuing new money.  (The Italian lira was worth a fraction of a penny when Italy switched to euro, yet Italians did not suffer more than Germans with the conversion.)

Hum serioulsy wtf, you live in brasil right? You can talk about south america i wont argue with you but this comparaison between germany who had the deutschmark exchanged at approx 1/1 with the euro and the lazy italians with their pizza currency is foolish. They had it much worse, just look at their god damn situation right now. And believe me italians are pissed with this euro.

and brits are much clever than US and EU. Why do you think they kept their currency?

What?!? But... they eat boiled tomatos at breakfast, and spread mint jelly on their meat...  

 

Cant agree more im french but taste has nothing to do with monetary sovereignty.


edit: i was telling this in some other thread but since it's relevant, a heard that in portugal (hello euro), the saving accounts in Espirito Santo that were inactives for the last 2 years had been half-cleared.