Bitcoin at $1050.. China "inspection" has to be coming. - page 2.

snipie

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Quote from: spazzdla on February 17, 2017, 10:40:18 AM

Do you think it will be in less than 24 hours?

I doubt it will happens and even if it will be the case it will haven't or at least it will have a small impact in the price since the Chinese exchanges aren't leading the market the way it was before Wink

So let them inspect what they want

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Quote from: Zaun on February 18, 2017, 08:27:38 PM

Quote from: aardvark15 on February 18, 2017, 04:49:59 PM

Is something keeping the ceiling at $1070? Bitcoin seems to not be able to break through for some reason.

Everytime the People's Bank of China comes with new measures. Every time when the price is up.
I don't think that is a coincidence. They are behind the fact that bitcoin price is not surging because of the upcoming ETF.

In the past few rise such a coincidence took place, which led to the price fall. This time I don't think such impacts won't be felt upon bitcoin even if PBOC make regulatory actions. As the fake volume is vanished, now the true growth makes price move forward.

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Quote from: aardvark15 on February 18, 2017, 04:49:59 PM

Is something keeping the ceiling at $1070? Bitcoin seems to not be able to break through for some reason.

Everytime the People's Bank of China comes with new measures. Every time when the price is up.
I don't think that is a coincidence. They are behind the fact that bitcoin price is not surging because of the upcoming ETF.

aardvark15

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Is something keeping the ceiling at $1070? Bitcoin seems to not be able to break through for some reason.

aso118

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Quote from: Wei H on February 17, 2017, 09:03:08 PM

Quote from: Taki on February 17, 2017, 03:40:11 PM

I don't believe there is any China "inspection" that doesn't give to bitcoin to grow higher than 1050$. Show me any proves about that and maybe I will change my opinion.

Yeah, There is China inspection going on, but it seems that the price is much more stable comparing with the something like that happened back in 2013, it was a terrible crash after Chinese government issued a decree.

We can't compare Bitcoin of 2017 with Bitcoin of 2013. There are institutional players, waiting on the sidelines to get in through ETFs. Even if the PBOC did issue a decree now, nobody is expecting a crash of more than $50-$100.

RoommateAgreement

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Bazinga!

Quote from: spazzdla on February 17, 2017, 11:25:32 AM

Quote from: BillyBobZorton on February 17, 2017, 10:59:36 AM

Quote from: spazzdla on February 17, 2017, 10:40:18 AM

Do you think it will be in less than 24 hours?

The price doesnt react anymore to the chinese tricks and traps, we are now past that. Bitcoin holders know that everytime they panic sell because of PBOC bullcrap they are making the corrupt chinese government richer. The solution is to hold and get rich ourselves. If these fuckers want bitcoin they will not get it at a discount.

I bet the PBOC can drop the price $100 again. It's worked like 25 times before..

we can only wish now for prices that are anything lower than $900 because those good days are long gone.
now all we can get is 4 digit price and possibly with massive scale amount of FUD some $980 again for a short time before it is back to 4 digits price again.

Wei H

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Quote from: Taki on February 17, 2017, 03:40:11 PM

I don't believe there is any China "inspection" that doesn't give to bitcoin to grow higher than 1050$. Show me any proves about that and maybe I will change my opinion.

Yeah, There is China inspection going on, but it seems that the price is much more stable comparing with the something like that happened back in 2013, it was a terrible crash after Chinese government issued a decree.

Seansky

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Well I think even if China inspection is coming it won't effect bitcoin's price that much any longer. I know there might be a drop that will occur because of it but it will not be as big as the ones that have happened in the past since they are not the no. 1 in terms of volume anymore. Soon their dumping and price manipulation will have no effect on bitcoin's price that is if they continue to drive it's price down.

Pab

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Yesterday i ve been reading very wise article on Coindesk that bitcoin price will stay on around 1000$ level for monh or two,thay were also predicting of altcoins price rise,todaywe have bitcoin on 1050$ level alts are going down, i am really sic about PBOC infuance on bitcoin price,it is all positive in long term,bicoin is recognised in China like a virtual goods,very good definition,i will like to have something like that in Europe

Taki

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I don't believe there is any China "inspection" that doesn't give to bitcoin to grow higher than 1050$. Show me any proves about that and maybe I will change my opinion.

cpfreeplz

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I couldn't see it on a weekend. When it does come out though there will be a significant dip. There was obviously so much manipulation but we all knew that from the start.

spazzdla

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Quote from: cellard on February 17, 2017, 01:14:21 PM

Quote from: spazzdla on February 17, 2017, 10:40:18 AM

Do you think it will be in less than 24 hours?

You expect a PBOC price manipulation everytime we go above $1000 only because it has happened in the past, but kindergarten tier education on trading tells us that past performance does not predict future performance, so sooner or later you will expect a dump and you will get a pump instead.
It's physically impossible to keep the price this low, BTC will grow to $10,000 eventually, so the event of china failing to supress the $1000 price is going to happen.

I like your optimism. Although I am a little more moon mode.. I am aiming for $100,000.00 by 2035.

cellard

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Quote from: spazzdla on February 17, 2017, 10:40:18 AM

Do you think it will be in less than 24 hours?

You expect a PBOC price manipulation everytime we go above $1000 only because it has happened in the past, but kindergarten tier education on trading tells us that past performance does not predict future performance, so sooner or later you will expect a dump and you will get a pump instead.
It's physically impossible to keep the price this low, BTC will grow to $10,000 eventually, so the event of china failing to supress the $1000 price is going to happen.

European Central Bank

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Quote from: quake313 on February 17, 2017, 01:00:54 PM

I do believe "Chinacoin" dominance is over. Its all about "Japancoin" now.

bitcoin operations in japan are soon to be subjected to the most expensive regulation in the world. $300-500,000 to apply and loads more to stay going. whatever businesses there are there, and there seem to be virtually none, won't be able to afford to keep the lights on.

quake313

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Quote from: Gillette on February 17, 2017, 12:47:33 PM

Quote from: spazzdla on February 17, 2017, 10:40:18 AM

Do you think it will be in less than 24 hours?

We need one more "inspection" to buy more coins under 1.000 USD Grin

I do believe "Chinacoin" dominance is over. Its all about "Japancoin" now.

arcanaaerobics

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China

All this grief because they were so greedy to collect as much bitcoin and now when they have problems organizing their shit the whole world has to suffer along with them.
They drag us down with their massive failures with bitcoin.
This is decentralized so this should of never had happened in the first place.
That was the fundamental reason what Satoshi Nakamoto created bitcoin in the first place. Roll Eyes

So not one person or group of people control the entirely of it's ecosystem to control it's journey forward. Angry

Gillette

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Quote from: spazzdla on February 17, 2017, 10:40:18 AM

Do you think it will be in less than 24 hours?

We need one more "inspection" to buy more coins under 1.000 USD Grin

_nur

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if you read coindesk it's the japanese

you know japanese bitflyer exchange and wallet is insured by mitsui/mitsubishi

no more mt. gox

smoothie

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LEALANA Bitcoin Grim Reaper

The Chinese are losing their ability to move the market with their BS the more they do it.

The western exchanges are leading the market now in terms of direction.

Who cares what "China that cried wolf a thousand times" says?

smoothie

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LEALANA Bitcoin Grim Reaper

The Chinese are losing their ability to move the market with their BS the more they do it.

The western exchanges are leading the market now in terms of direction.

Who cares what "China that cried wolf a thousand times" says?

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