Bitcoin Forum
December 04, 2016, 08:41:04 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Poll
Question: Will you support Gavin's new block size limit hard fork of 8MB by January 1, 2016 then doubling every 2 years?
1.  yes
2.  no

Pages: « 1 ... 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 [285] 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 ... 1560 »
  Print  
Author Topic: Gold collapsing. Bitcoin UP.  (Read 1804282 times)
Manna
Full Member
***
Offline Offline

Activity: 158


View Profile
September 19, 2013, 06:24:04 PM
 #5681

Regardless of decision the manipulators like JPM already knew the decision. The people sitting there listening to the meeting were sent probably by blogs/corporations who paid for them to be there.

The direction is never found by reading the headlines but by reading the psychology behind the headlines. Whereever more pain is thats the direction it will go, where the stop losses lie, regardless of fundamentals or technicals. When there is money to be made the manipulators will move to take it.
Bots scan news feeds and public data of all types and use algorithmic trading faster than any human can read.

LOL bots scanned some sort of invisible news to cause prepumps? Either way those people are responsible for the news feeds that were sitting there, so in effect they are the first in line before any trade happens or should happen. Instead the pre pumps were clear that someone already knew Smiley

Thats how High Frequency Trading works, trading companies pay Reuters a few thousand dollars to get news 3 seconds earlier than normal customers.
1480884064
Hero Member
*
Offline Offline

Posts: 1480884064

View Profile Personal Message (Offline)

Ignore
1480884064
Reply with quote  #2

1480884064
Report to moderator
1480884064
Hero Member
*
Offline Offline

Posts: 1480884064

View Profile Personal Message (Offline)

Ignore
1480884064
Reply with quote  #2

1480884064
Report to moderator
1480884064
Hero Member
*
Offline Offline

Posts: 1480884064

View Profile Personal Message (Offline)

Ignore
1480884064
Reply with quote  #2

1480884064
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480884064
Hero Member
*
Offline Offline

Posts: 1480884064

View Profile Personal Message (Offline)

Ignore
1480884064
Reply with quote  #2

1480884064
Report to moderator
1480884064
Hero Member
*
Offline Offline

Posts: 1480884064

View Profile Personal Message (Offline)

Ignore
1480884064
Reply with quote  #2

1480884064
Report to moderator
waveaddict
Hero Member
*****
Offline Offline

Activity: 533



View Profile
September 19, 2013, 07:16:29 PM
 #5682

today's whole FOMC exercise is the #1 reason why a centrally planned printing press favors those who control it.

i guarantee you someone other than just Ben knew ahead of time what the decision was going to be.  which is precisely why the gold market popped a full 3 min before the announcement.

if there was ever a time and need for a "fair" money...

When were the meeting notes released to the public exactly?

this is what you are looking for.  times are PST:
<snip>

No, I want to know when a website first made the meeting notes available to the public.

I would assume that the announcement first appeared on the FED's own website at 2pm EST: http://www.federalreserve.gov/newsevents/press/monetary/20130918a.htm

molecular
Donator
Legendary
*
Offline Offline

Activity: 2128



View Profile
September 19, 2013, 08:32:18 PM
 #5683

quite insightful and interesting video (also) about bitcoin and gold: Karen Hudes (formerly world bank): we need to get new currency like BTC ready

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
NewLiberty
Legendary
*
Offline Offline

Activity: 1064


Gresham's Lawyer


View Profile WWW
September 19, 2013, 08:45:17 PM
 #5684

Folks used to trade the Fed expectation based on what Greenspan had for breakfast and the heft of his briefcase.
http://money.cnn.com/1999/06/29/economy/fed_briefcase/

FREE MONEY1 Bitcoin for Silver and Gold NewLibertyDollar.com and now BITCOIN SPECIE (silver 1 ozt) shows value by QR
Bulk premiums as low as .0012 BTC "BETTER, MORE COLLECTIBLE, AND CHEAPER THAN SILVER EAGLES" 1Free of Government
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
September 19, 2013, 08:53:11 PM
 #5685

you know there's a problem simply by the fact that ALL asset classes moved inversely to the USD. 

after the announcement, USD down, everything else up.  everything.  everything except Bitcoin interesting enough. 

Bitcoin users not affected?

absolutely ridiculous and indicates that this world of ours is responding economically only to Fed pumping.
thezerg
Legendary
*
Offline Offline

Activity: 1246


View Profile
September 19, 2013, 09:43:15 PM
 #5686

you know there's a problem simply by the fact that ALL asset classes moved inversely to the USD. 

after the announcement, USD down, everything else up.  everything.  everything except Bitcoin interesting enough. 

Bitcoin users not affected?

absolutely ridiculous and indicates that this world of ours is responding economically only to Fed pumping.

Probably already priced into bitcoin... given the outlook of most bitcoiners.
wachtwoord
Legendary
*
Offline Offline

Activity: 1484



View Profile WWW
September 19, 2013, 09:49:42 PM
 #5687

you know there's a problem simply by the fact that ALL asset classes moved inversely to the USD. 

after the announcement, USD down, everything else up.  everything.  everything except Bitcoin interesting enough. 

Bitcoin users not affected?

absolutely ridiculous and indicates that this world of ours is responding economically only to Fed pumping.

Probably already priced into bitcoin... given the outlook of most bitcoiners.

Wow, there were people that did not expect this? :|

NewLiberty
Legendary
*
Offline Offline

Activity: 1064


Gresham's Lawyer


View Profile WWW
September 19, 2013, 10:22:07 PM
 #5688

you know there's a problem simply by the fact that ALL asset classes moved inversely to the USD. 

after the announcement, USD down, everything else up.  everything.  everything except Bitcoin interesting enough. 

Bitcoin users not affected?

absolutely ridiculous and indicates that this world of ours is responding economically only to Fed pumping.

Probably already priced into bitcoin... given the outlook of most bitcoiners.

Wow, there were people that did not expect this? :|

Nods, as clearly evidenced by the market movement in everything except bitcoin.

FREE MONEY1 Bitcoin for Silver and Gold NewLibertyDollar.com and now BITCOIN SPECIE (silver 1 ozt) shows value by QR
Bulk premiums as low as .0012 BTC "BETTER, MORE COLLECTIBLE, AND CHEAPER THAN SILVER EAGLES" 1Free of Government
Adrian-x
Legendary
*
Offline Offline

Activity: 1330



View Profile
September 19, 2013, 10:33:38 PM
 #5689

Bitcoin users not affected?
Probably already priced into bitcoin... given the outlook of most bitcoiners.
Wow, there were people that did not expect this? :|
Nods, as clearly evidenced by the market movement in everything except bitcoin.
LOL'd at the above,
as chodpaba put it yesterday somewhere in cyberspace, [Bitcoin] "honey badgers unaffected."



Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
notme
Legendary
*
Offline Offline

Activity: 1526


View Profile
September 20, 2013, 01:44:45 AM
 #5690

today's whole FOMC exercise is the #1 reason why a centrally planned printing press favors those who control it.

i guarantee you someone other than just Ben knew ahead of time what the decision was going to be.  which is precisely why the gold market popped a full 3 min before the announcement.

if there was ever a time and need for a "fair" money...

When were the meeting notes released to the public exactly?

this is what you are looking for.  times are PST:
<snip>

No, I want to know when a website first made the meeting notes available to the public.

Pretty sure website makers knew after just about everyone else.

??What??

How are the meeting notes distributed to the public?  I assumed some .gov site would just host them.

Sure the news sites and blogs write up a story after the minutes are released... but I want to know the first moment a trading bot could have gotten the minutes from a public source.

Pretty basic stuff, I was going to lmgtfy, but I'll be nice and give you a direct link:
http://www.federalreserve.gov/newsevents/default.htm

When the Fed announces a 2pm release, they don't publicly release early.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
NewLiberty
Legendary
*
Offline Offline

Activity: 1064


Gresham's Lawyer


View Profile WWW
September 20, 2013, 03:00:03 AM
 #5691



Line 1: Venezuela asks London for its gold back (repatriation of 99 tons).
Line 2: Germany asks New York and Paris for its gold back (repatriation of 674 tons).

Normal trading activity would generally cause prices to rise following these events as leased gold would be called back for delivery, but these countries are told to sit on their thumbs for years instead.

Then there is this:



Which looks like a steep drop in physical inventory, yes?

But wait...Lets step back a bit for some perspective...



So it is not just a drop, it is a precipitous drop, unprecedented (it only rose until Germany's demand, then only fell).

But... lets step back just a bit more and add the ETFs into the picture.  The ETFs are the general price setting metric as they are more liquid.  But they are really just paper, and unless you are a bullion bank, it might as well be just fiat, and well, a picture speaks volumes. Smiley



There you have the price falling, but massive redemption of the paper for the physical.  Intuitively redemption SHOULD cause the price to rise as the underlying asset becomes bought and also depleted through redemption.  It is becoming increasingly scarce.  So unless something weird is happening...

Consider that maybe the price is being driven down so that the redemption can be more affordable?  The central banks have it within their charter to manipulate currencies.  Gold (and bitcoin) fall into that category.  They can legally manipulate the price and not suffer the teeth of the CFTC.
I'm no conspiracy buff, but this seems consistent with the evidence at hand.

So tell me... am I crazy to be redeeming bitcoin for physical gold and silver?  Is it crazy to sell the oldest form of money for the digital/virtual/ephemeral at a time when the world is scrambling for the physical?  Maybe I am, but I am having fun doing it, and I like inflation-proof asset diversity.  More than anything, the opportunity to craft the best of its kind Bitcoin Specie has me giddy.  It is the most significant contribution I can make to the community at this time as a designer of numismatic physical money, to back the worlds best virtual currency with the worlds most durable asset.  Others may also do this, so the challenge of setting a higher standard, is exhilarating.

The production minting is starting TODAY (yay, at last), first with the Quarter Bitcoin one troy ounce silver, and soon also in gold, and I am very excited.  My team and I have been working on this for quite a while, and we are pretty happy with the result and hopeful that others will be also.  Sorry if this feels like advertising to you, it is personally exciting and so hard for me to avoid talking about it... but I will stop now.

FREE MONEY1 Bitcoin for Silver and Gold NewLibertyDollar.com and now BITCOIN SPECIE (silver 1 ozt) shows value by QR
Bulk premiums as low as .0012 BTC "BETTER, MORE COLLECTIBLE, AND CHEAPER THAN SILVER EAGLES" 1Free of Government
miscreanity
Legendary
*
Offline Offline

Activity: 1078


View Profile
September 20, 2013, 04:48:48 AM
 #5692

Probably already priced into bitcoin... given the outlook of most bitcoiners.

The internal dynamics are having a large effect as well. We've entered the 100-200mm difficulty range; things are going to get very interesting from here on out.
SkRRJyTC
Legendary
*
Offline Offline

Activity: 966


View Profile
September 20, 2013, 09:58:11 AM
 #5693

today's whole FOMC exercise is the #1 reason why a centrally planned printing press favors those who control it.

i guarantee you someone other than just Ben knew ahead of time what the decision was going to be.  which is precisely why the gold market popped a full 3 min before the announcement.

if there was ever a time and need for a "fair" money...

When were the meeting notes released to the public exactly?

this is what you are looking for.  times are PST:
<snip>

No, I want to know when a website first made the meeting notes available to the public.

Pretty sure website makers knew after just about everyone else.

??What??

How are the meeting notes distributed to the public?  I assumed some .gov site would just host them.

Sure the news sites and blogs write up a story after the minutes are released... but I want to know the first moment a trading bot could have gotten the minutes from a public source.

Pretty basic stuff, I was going to lmgtfy, but I'll be nice and give you a direct link:
http://www.federalreserve.gov/newsevents/default.htm

When the Fed announces a 2pm release, they don't publicly release early.

I assume this to be true, yet I still have not found actual data to support it.  A time stamp would be great.
NewLiberty
Legendary
*
Offline Offline

Activity: 1064


Gresham's Lawyer


View Profile WWW
September 20, 2013, 11:40:53 AM
 #5694

I assume this to be true, yet I still have not found actual data to support it.  A time stamp would be great.

I'm with you on this.  It looks dirty.  But its a goose chase.  Even with a time stamp, calling foul on early trades without either evidence of communication or a confession doesn't get us anywhere.  The reason for the trade is not going to be in evidence.  It is one thing to believe it, yet another to prove it forensically.

The trader could have decided to sell dollars against stocks and gold because Bernanke walked at 40 paces a minute instead of 45 and decided that was because he was reluctant to be seen as wavering.  There are fed-watching analysts that really do monitor such minutia and base trading decisions on it, and even if they don't, it gives them "plausible deniability".  (Or his briefcase looked heavier, or his shoes weren't recently polished.)

Martha Stewart went to jail for it because she doesn't have the criminal mind that your professional inside trader has cultivated.  They are going to have a bunch of other "reasons for trade" and less of an identifiable communication nexus.

FREE MONEY1 Bitcoin for Silver and Gold NewLibertyDollar.com and now BITCOIN SPECIE (silver 1 ozt) shows value by QR
Bulk premiums as low as .0012 BTC "BETTER, MORE COLLECTIBLE, AND CHEAPER THAN SILVER EAGLES" 1Free of Government
notme
Legendary
*
Offline Offline

Activity: 1526


View Profile
September 20, 2013, 12:06:45 PM
 #5695

today's whole FOMC exercise is the #1 reason why a centrally planned printing press favors those who control it.

i guarantee you someone other than just Ben knew ahead of time what the decision was going to be.  which is precisely why the gold market popped a full 3 min before the announcement.

if there was ever a time and need for a "fair" money...

When were the meeting notes released to the public exactly?

this is what you are looking for.  times are PST:
<snip>

No, I want to know when a website first made the meeting notes available to the public.

Pretty sure website makers knew after just about everyone else.

??What??

How are the meeting notes distributed to the public?  I assumed some .gov site would just host them.

Sure the news sites and blogs write up a story after the minutes are released... but I want to know the first moment a trading bot could have gotten the minutes from a public source.

Pretty basic stuff, I was going to lmgtfy, but I'll be nice and give you a direct link:
http://www.federalreserve.gov/newsevents/default.htm

When the Fed announces a 2pm release, they don't publicly release early.

I assume this to be true, yet I still have not found actual data to support it.  A time stamp would be great.

A timestamp is worthless.  It only records the system time, which can be off by several minutes either intentionally or unintentionally.  I don't think you need to be looking for an early public release when there were dozens of people who knew early that are highly connected to both Washington and Wall Street.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
SkRRJyTC
Legendary
*
Offline Offline

Activity: 966


View Profile
September 20, 2013, 12:11:35 PM
 #5696

Pretty basic stuff, I was going to lmgtfy, but I'll be nice and give you a direct link:
http://www.federalreserve.gov/newsevents/default.htm

When the Fed announces a 2pm release, they don't publicly release early.

I assume this to be true, yet I still have not found actual data to support it.  A time stamp would be great.

A timestamp is worthless.  It only records the system time, which can be off by several minutes either intentionally or unintentionally.  I don't think you need to be looking for an early public release when there were dozens of people who knew early that are highly connected to both Washington and Wall Street.

...  The timestamp could be from the .gov site or any site that crawled it.

And I still have seen no proof for what you are saying.
NewLiberty
Legendary
*
Offline Offline

Activity: 1064


Gresham's Lawyer


View Profile WWW
September 20, 2013, 12:17:57 PM
 #5697

...  The timestamp could be from the .gov site or any site that crawled it.

And I still have seen no proof for what you are saying.


Yes, proving what they knew and when they knew it...and then drawing the connection between someone who knew, and a trade.
Others at the Fed knew certainly...  But who traded with inside knowledge?
Without that, its "objection conjecture, your honor".


FREE MONEY1 Bitcoin for Silver and Gold NewLibertyDollar.com and now BITCOIN SPECIE (silver 1 ozt) shows value by QR
Bulk premiums as low as .0012 BTC "BETTER, MORE COLLECTIBLE, AND CHEAPER THAN SILVER EAGLES" 1Free of Government
notme
Legendary
*
Offline Offline

Activity: 1526


View Profile
September 20, 2013, 02:14:01 PM
 #5698

...  The timestamp could be from the .gov site or any site that crawled it.

And, as I explained, it would be worthless.  I don't understand your obsession with it.

Quote
And I still have seen no proof for what you are saying.

What exactly are you disagreeing with?  I only made two claims:

1. There are dozens of people (Fed employees, board members) who knew the decision before it was public.

or

2.  Most of those people are very well connected with Wall Street and government officials.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
September 20, 2013, 02:43:15 PM
 #5699

sure, i could say i didn't wipe my ass after taking a shit this morning but what would be the odds of that?

this un-taper one was especially suspicious given the poll on September 6 in which 13 of 18 dealers forecast a taper in purchases would be announced at Wednesday's meeting.

http://www.reuters.com/article/2010/09/30/us-usa-fed-idUSTRE68S01020100930
NewLiberty
Legendary
*
Offline Offline

Activity: 1064


Gresham's Lawyer


View Profile WWW
September 20, 2013, 03:02:10 PM
 #5700


And, as I explained, it would be worthless.  I don't understand your obsession with it.


If there were some evidence of early release, it would be valuable, as it would point to malfeasance.  Though it is very unlikely to find that in the clear anywhere.


What exactly are you disagreeing with?  I only made two claims:
1. There are dozens of people (Fed employees, board members) who knew the decision before it was public.
or
2.  Most of those people are very well connected with Wall Street and government officials.

No problem with these as written, just that they don't lead to a meaningful conclusion in this context without a #3.
Trading something public with inside knowledge, or disclosing that knowledge to someone that trades is what brings the trouble for them.

FREE MONEY1 Bitcoin for Silver and Gold NewLibertyDollar.com and now BITCOIN SPECIE (silver 1 ozt) shows value by QR
Bulk premiums as low as .0012 BTC "BETTER, MORE COLLECTIBLE, AND CHEAPER THAN SILVER EAGLES" 1Free of Government
Pages: « 1 ... 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 [285] 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 ... 1560 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!