Gold collapsing. Bitcoin UP.

[Dr Bloggood]

So those imbeciles from the FED did in fact taper. Wow, I did not expect that!

Now we will see if the markets fall apart at the seams - looks like they are starting to, with emerging market currencies and stock markets falling.

[molecular]

So those imbeciles from the FED did in fact taper. Wow, I did not expect that!

Bernankes term ends. Probably they'll wait until shit starts to fall apart and then that new chick will come out saying: "See, we have to <make up new word for QE> to save the world!"

[Dr Bloggood]

So those imbeciles from the FED did in fact taper. Wow, I did not expect that!

Bernankes term ends. Probably they'll wait until shit starts to fall apart and then that new chick will come out saying: "See, we have to <make up new word for QE> to save the world!"

Exactly!

Look out for QE to be raised in 2014 for sure!

Also, it seems extra dumb to me to do this exactly "in between" two terms of two Chairmen. Adds extra uncertainty for the markets - and for poor Yellen.

I always thought the FED was a bit evil, but maybe it's just pure stupidity and nothing else, what do you think?

[BitcoinAshley]

Look out for QE to be raised in 2014 for sure!

Also, it seems extra dumb to me to do this exactly "in between" two terms of two Chairmen. Adds extra uncertainty for the markets - and for poor Yellen.

I always thought the FED was a bit evil, but maybe it's just pure stupidity and nothing else, what do you think?

A little bit of evil, a whole lotta stupidity. Not a good combination.

[rocks]

So those imbeciles from the FED did in fact taper. Wow, I did not expect that!

Now we will see if the markets fall apart at the seams - looks like they are starting to, with emerging market currencies and stock markets falling.

This is how the FED / bankers maintain political control over the US.

The next US presidential election is up in 2.5 years. By taking the gas off the money printing petal today, we are garenteed to have an other financial crisis in 2 years. The blame will go to Obama and the democrats, and the bankers can put new R puppets in charge for awhile.

This is exactly what happened in 2008. The FED printed like crazy up until 2005 / 2006 when they stopped M2 money growth. Then in 2008 everything when to shit, and they could put a new party in control.

How people don't see this is beyond me.

[tvbcof]

And so is actually using it...if you keep your paper wallet in your leather wallet...

as a matter of fact, i do.

it's called a privkey QR code and it's BIP38 encrypted via bitaddress.org.  if i wanted to pay you this minute, i'd whip it out, scan it with the cold storage function from Mycelium into my android's RAM, unencrypt it with my simple 8 character pwd, and send you the coin.  the privkey is wiped from RAM immediately when i close the program.  

hey, cypher, I made this cool app for android that quotes gold vs. bitcoin stats (silverbox style?) in realtime.

go install it at https://darkweb.0x0000.de/auvsxbt.apk

Greatest app EVER!  You ROCK dude!

I cannot figure out why it need so many privileges when I install it, but a lot of apps seem to and I never understood that shit anyway.  <shrug>

[BitcoinAshley]

So those imbeciles from the FED did in fact taper. Wow, I did not expect that!

Now we will see if the markets fall apart at the seams - looks like they are starting to, with emerging market currencies and stock markets falling.

This is how the FED / bankers maintain political control over the US.

The next US presidential election is up in 2.5 years. By taking the gas off the money printing petal today, we are garenteed to have an other financial crisis in 2 years. The blame will go to Obama and the democrats, and the bankers can put new R puppets in charge for awhile.

This is exactly what happened in 2008. The FED printed like crazy up until 2005 / 2006 when they stopped M2 money growth. Then in 2008 everything when to shit, and they could put a new party in control.

How people don't see this is beyond me.

How do they know the next financial crisis will wait 2 years to happen? Things are even more precarious now than they were in 05/06...

[Pruden]

So those imbeciles from the FED did in fact taper. Wow, I did not expect that!

Bernankes term ends. Probably they'll wait until shit starts to fall apart and then that new chick will come out saying: "See, we have to <make up new word for QE> to save the world!"

Exactly!

Look out for QE to be raised in 2014 for sure!

Also, it seems extra dumb to me to do this exactly "in between" two terms of two Chairmen. Adds extra uncertainty for the markets - and for poor Yellen.

I always thought the FED was a bit evil, but maybe it's just pure stupidity and nothing else, what do you think?

QE is not raising ever again. This is a deflation to strengthen the dollar, just like Volcker did in 1980, and of course it will throw the emerging markets into turmoil, it's the logical effect.

Sorry, doomsayers, but reading this subforum you should know what happens when most agree on something and can't even imagine being wrong.

[Dragonkiller]

So those imbeciles from the FED did in fact taper. Wow, I did not expect that!

Bernankes term ends. Probably they'll wait until shit starts to fall apart and then that new chick will come out saying: "See, we have to <make up new word for QE> to save the world!"

Exactly!

Look out for QE to be raised in 2014 for sure!

Also, it seems extra dumb to me to do this exactly "in between" two terms of two Chairmen. Adds extra uncertainty for the markets - and for poor Yellen.

I always thought the FED was a bit evil, but maybe it's just pure stupidity and nothing else, what do you think?

QE is not raising ever again. This is a deflation to strengthen the dollar, just like Volcker did in 1980, and of course it will throw the emerging markets into turmoil, it's the logical effect.

Sorry, doomsayers, but reading this subforum you should know what happens when most agree on something and can't even imagine being wrong.

deflation is the last thing the fed wants

you really think they're going to let the stock market and real estate prices collapse? they've reduce QE by 20bn and look at what's happened in the stock market already

[marcus_of_augustus]

Gold adoption rates saturated ... that's it's biggest problem right now.

[Dragonkiller]

So those imbeciles from the FED did in fact taper. Wow, I did not expect that!

Bernankes term ends. Probably they'll wait until shit starts to fall apart and then that new chick will come out saying: "See, we have to <make up new word for QE> to save the world!"

Exactly!

Look out for QE to be raised in 2014 for sure!

Also, it seems extra dumb to me to do this exactly "in between" two terms of two Chairmen. Adds extra uncertainty for the markets - and for poor Yellen.

I always thought the FED was a bit evil, but maybe it's just pure stupidity and nothing else, what do you think?

QE is not raising ever again. This is a deflation to strengthen the dollar, just like Volcker did in 1980, and of course it will throw the emerging markets into turmoil, it's the logical effect.

Sorry, doomsayers, but reading this subforum you should know what happens when most agree on something and can't even imagine being wrong.

deflation is the last thing the fed wants

you really think they're going to let the stock market and real estate prices collapse? they've reduce QE by 20bn and look at what's happened in the stock market already

We are in a currency war and China has us by the balls. The Fed might be taking orders from China and not really giving a fuck about the domestic situation.

China wants the USA to have a strong dollar.

it's definitely possible. i don't think it's very likely, but possible.

if it happens, i think btc will still grow because it's a growing technology. but definitely not as fast as it would if we get QE infinity.

[rocks]

We are in a currency war and China has us by the balls. The Fed might be taking orders from China and not really giving a fuck about the domestic situation.

China wants the USA to have a strong dollar.

Everyone wants the USA to have a strong dollar to enable exports, not just China. But I completely disagree that China has us by the balls, if at the same time they want a strong dollar.

The US has already exported manufacturing and borrowed to the hilt, so there is only one direction for the US dollar and that is down. What we are seeing now are competitive devaluations by every central bank around the world. Japan is printing like crazy, China has tons and tons of debt that will have to be bailed out, and now the US gov has decided there has been enough mercantilism by China and they will print like never before to stop it.

All currencies are on a downward path now, and central banks are fighting to keep up with the others. This is a first for humanity and will not end pretty.

[marcus_of_augustus]

We are in a currency war and China has us by the balls. The Fed might be taking orders from China and not really giving a fuck about the domestic situation.

China wants the USA to have a strong dollar.

Everyone wants the USA to have a strong dollar to enable exports, not just China. But I completely disagree that China has us by the balls, if at the same time they want a strong dollar.

The US has already exported manufacturing and borrowed to the hilt, so there is only one direction for the US dollar and that is down. What we are seeing now are competitive devaluations by every central bank around the world. Japan is printing like crazy, China has tons and tons of debt that will have to be bailed out, and now the US gov has decided there has been enough mercantilism by China and they will print like never before to stop it.

All currencies are on a downward path now, and central banks are fighting to keep up with the others. This is a first for humanity and will not end pretty.

Every nation wants to devalue their currency, to soften their self-inflicted economic blows.

Only the Bitcoin supra-national currency can handle the kind of deflation that is needed by the capital markets to begin functioning healthily again ....

[tabnloz]

So those imbeciles from the FED did in fact taper. Wow, I did not expect that!

Bernankes term ends. Probably they'll wait until shit starts to fall apart and then that new chick will come out saying: "See, we have to <make up new word for QE> to save the world!"

Exactly!

Look out for QE to be raised in 2014 for sure!

Also, it seems extra dumb to me to do this exactly "in between" two terms of two Chairmen. Adds extra uncertainty for the markets - and for poor Yellen.

I always thought the FED was a bit evil, but maybe it's just pure stupidity and nothing else, what do you think?

QE is not raising ever again. This is a deflation to strengthen the dollar, just like Volcker did in 1980, and of course it will throw the emerging markets into turmoil, it's the logical effect.

Sorry, doomsayers, but reading this subforum you should know what happens when most agree on something and can't even imagine being wrong.

deflation is the last thing the fed wants

you really think they're going to let the stock market and real estate prices collapse? they've reduce QE by 20bn and look at what's happened in the stock market already

We are in a currency war and China has us by the balls. The Fed might be taking orders from China and not really giving a fuck about the domestic situation.

China wants the USA to have a strong dollar.

it's definitely possible. i don't think it's very likely, but possible.

if it happens, i think btc will still grow because it's a growing technology. but definitely not as fast as it would if we get QE infinity.

AFAIK, the yuan is pegged to the $US so it will maintain a lower value. The EUR is 'kept' above the US /Yuan, so there is a little pendulum effect happening. Emerging markets out there are forced to devalue to stay competitive, (eg YEN, WON.). And they get screwed by resultant imported inflation.

[Dr Bloggood]

So those imbeciles from the FED did in fact taper. Wow, I did not expect that!

Now we will see if the markets fall apart at the seams - looks like they are starting to, with emerging market currencies and stock markets falling.

This is how the FED / bankers maintain political control over the US.

The next US presidential election is up in 2.5 years. By taking the gas off the money printing petal today, we are garenteed to have an other financial crisis in 2 years. The blame will go to Obama and the democrats, and the bankers can put new R puppets in charge for awhile.

This is exactly what happened in 2008. The FED printed like crazy up until 2005 / 2006 when they stopped M2 money growth. Then in 2008 everything when to shit, and they could put a new party in control.

How people don't see this is beyond me.

How do they know the next financial crisis will wait 2 years to happen? Things are even more precarious now than they were in 05/06...

I have a feeling too it isn't gonna take two more years.

Let's wait and see.

[Dr Bloggood]

So those imbeciles from the FED did in fact taper. Wow, I did not expect that!

Bernankes term ends. Probably they'll wait until shit starts to fall apart and then that new chick will come out saying: "See, we have to <make up new word for QE> to save the world!"

Exactly!

Look out for QE to be raised in 2014 for sure!

Also, it seems extra dumb to me to do this exactly "in between" two terms of two Chairmen. Adds extra uncertainty for the markets - and for poor Yellen.

I always thought the FED was a bit evil, but maybe it's just pure stupidity and nothing else, what do you think?

QE is not raising ever again. This is a deflation to strengthen the dollar, just like Volcker did in 1980, and of course it will throw the emerging markets into turmoil, it's the logical effect.

Sorry, doomsayers, but reading this subforum you should know what happens when most agree on something and can't even imagine being wrong.

Nobody outside this forum agrees on QE being raised. We are just a tiny community of against-the-grain thinkers here.

"QE raised in 2014" is an extremely bold call in the real world. Let's wait and see who is right.

[Dusty]

So those imbeciles from the FED did in fact taper. Wow, I did not expect that!

Newbie question: how can we trust the Fed to issue each month 10, 75, 100 or 1000 billions since the Fed is not auditable?

[Dr Bloggood]

So those imbeciles from the FED did in fact taper. Wow, I did not expect that!

Newbie question: how can we trust the Fed to issue each month 10, 75, 100 or 1000 billions since the Fed is not auditable?

I don't understand your question - do you mean "how can we trust the Fed is doing the right thing"?

There are probably very few people in this thread who trust the Fed...

[Dusty]

I don't understand your question - do you mean "how can we trust the Fed is doing the right thing"?

No, certainly not, nobody sane would suggest that the Fed is doing the "right" thing, me first

I would like to understand how it's possible to _verify_ how much the Fed is lending and how, since the movement "audit the Fed" had not much luck..

BTW, I profit to signal this one that is good for a laugh:
Hedge-Fund Manager Paul Singer ‘Shocked’ by Bitcoin Popularity

Instead, Mr. Singer encouraged investors to consider gold, which he wrote was “currently available at a good price.” As The Wall Street Journal reported earlier this month, some hedge fund investors have been taking advantage of gold’s largest annual decline in 32 years to increase their bullish gold wagers.

“Gold is out of fashion, but we think the explanation for why it has been drifting down is not compelling. The economy seems stuck in the doldrums, but most so-called ‘experts’ have been changing their minds almost weekly about when they think the economy will finally begin a long-term acceleration to the upside,” Mr. Singer wrote in the letter.

[sidhujag]

We are in a currency war and China has us by the balls. The Fed might be taking orders from China and not really giving a fuck about the domestic situation.

China wants the USA to have a strong dollar.

Everyone wants the USA to have a strong dollar to enable exports, not just China. But I completely disagree that China has us by the balls, if at the same time they want a strong dollar.

The US has already exported manufacturing and borrowed to the hilt, so there is only one direction for the US dollar and that is down. What we are seeing now are competitive devaluations by every central bank around the world. Japan is printing like crazy, China has tons and tons of debt that will have to be bailed out, and now the US gov has decided there has been enough mercantilism by China and they will print like never before to stop it.

All currencies are on a downward path now, and central banks are fighting to keep up with the others. This is a first for humanity and will not end pretty.

Every nation wants to devalue their currency, to soften their self-inflicted economic blows.

Only the Bitcoin supra-national currency can handle the kind of deflation that is needed by the capital markets to begin functioning healthily again ....

I think when the BRICS signed up for plaza accord they didnt know what that the US had them
by the balls in 1986 right there.

Let your currency appreciate against usd? Sure! strongest currency wins! like having gold! Now cycle is over and new accord will be written about probably weakening BriCs and appreciating usd long term...

Hiwever we are on the path to war.. first step is always blaming and currency war before the real one starts... I think US has upper hand on world though and it sucks because theu are the biggest criminals.