Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16405. (Read 26711452 times)
September 15, 2017, 07:06:54 AM
September 15, 2017, 07:06:38 AM
I like how the PBoC sat and watched all the crazy trading activity for 5 full months, watching the price of bitcoin, altcoins, and ICO tokens rise and rise all summer long.
Then decided to suddenly shut the exchanges down in Sept.
They could have done that way back in March, but didn't. They could have done it years ago, but didn't.
Methinks Chinese banksters have been playing the market this whole entire time.
Then decided to suddenly shut the exchanges down in Sept.
They could have done that way back in March, but didn't. They could have done it years ago, but didn't.
Methinks Chinese banksters have been playing the market this whole entire time.
September 15, 2017, 07:06:30 AM
I just sodl some. Profits are profits. 
And here I thought you were ready for the 30% haircut. 
September 15, 2017, 07:06:20 AM
I think huobi and okcoin still busy with dumping their own bitcoins. When they empty their wallets then they will make an announcement that they are closing down.
September 15, 2017, 07:05:49 AM
I just sodl some. Profits are profits.
And here I thought you were ready for the 30% haircut. September 15, 2017, 07:03:18 AM
I just sodl some. Profits are profits.
September 15, 2017, 07:02:05 AM
'Forget $3,000, Bulls May Retreat If Bitcoin Breaks $2,877: Chart'
https://www.bloomberg.com/news/articles/2017-09-15/forget-3-000-the-bulls-may-have-lost-if-bitcoin-breaks-2-877
https://www.bloomberg.com/news/articles/2017-09-15/forget-3-000-the-bulls-may-have-lost-if-bitcoin-breaks-2-877
Quote
Bitcoin’s more-than 20 percent slump this week on China’s reported plans to shut down cryptocurrency exchange trading has investors speculating when it will drop below the key psychological level of $3,000. But the level to watch may be just beyond that threshold: $2,877. Not only is that bitcoin’s intraday high on Aug. 4 -- about the time the digital currency’s most recent leg up began -- it’s also bitcoin’s current 100-day moving average. For Chris Weston, IG Ltd.’s chief market strategist in Melbourne, $2,877 is a “key line in the sand” and “the bulls will want to see this hold,” he said.
September 15, 2017, 07:01:52 AM
Ah well. Glad I cashed out enough to cover supplies and taxes. For the rest I'll just sit back and watch.
I had planned to buy some stuff back when we were around $4.8k, but I guess they can wait now. 
+1 well ... it's only the 15st.
we can wait until the 25 ... and bank wire delay.
10 days for a new ATH, it's correct line.
September 15, 2017, 07:00:04 AM
snip snap poof - all gone
Official Chinacoin incoming during National Congress. "Probably "
Yeah I can imagine a CNY tether coin...then back to business...
One thing I am pretty sure of- in China NEO & co are not going anywhere apart from moon.
They are up to something 100%!
This is a prelude.
September 15, 2017, 06:58:49 AM
Just sent some coins to a wallet with a sub $2 fee and they arrived near instantaneously, About 2 seconds but without confirmations. Is this segwit?
September 15, 2017, 06:58:03 AM
interesting : shitcoins follow Bitcoin, they don't are stuck at a value.
September 15, 2017, 06:57:10 AM
China's Bitcoin Exchanges Receive Shutdown Orders and Closure Timeline
https://www.coindesk.com/document-lists-closure-steps-for-chinas-bitcoin-exchanges/?utm_content=bufferd5f92&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
1. Before 20 September 6pm, exchanges shall come up with a detailed risk-free clearing plan, and send this plan to the office. Exchanges shall deal with their claims and liabilities properly, and insure that investors’ funds and virtual currencies are safe.
2. Before 20 September 6pm, exchanges shall determine a bank account, which will be used for depositing user funds. All other accounts in banks and other non-bank payment service providers shall be canceled and reported to the Business Management Department of People’s Bank of China.
3. Before 15 September midnight, exchanges shall publish closing announcements, and announce a schedule to stop the trading of all virtual currencies. New user registration shall be stopped immediately after the announcement.
4. Shareholders, controllers, executives, and core financial and technical staff of exchanges shall cooperate fully with authorities during the clearing, while staying in Beijing........ (Wait ? what? ermm? I have a , errmm wedding in err Scotland,no sorry I mean Syria , err must dash !!!! ) On a serious note I know a family in China- the authorities turned up at their house one day- and took the father- and he was never heard from again! and with ZERO explanation.
5. Exchanges shall report their developments daily to local authorities before the clearing is completed.
6. Exchanges shall save all user trading and holding data, and send it to local authorities immediately in DVDs.
The document is signed: The office of the Leading Group of Beijing Internet Financial Risks Remediation, Sept. 15, 2017
https://www.coindesk.com/document-lists-closure-steps-for-chinas-bitcoin-exchanges/?utm_content=bufferd5f92&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
1. Before 20 September 6pm, exchanges shall come up with a detailed risk-free clearing plan, and send this plan to the office. Exchanges shall deal with their claims and liabilities properly, and insure that investors’ funds and virtual currencies are safe.
2. Before 20 September 6pm, exchanges shall determine a bank account, which will be used for depositing user funds. All other accounts in banks and other non-bank payment service providers shall be canceled and reported to the Business Management Department of People’s Bank of China.
3. Before 15 September midnight, exchanges shall publish closing announcements, and announce a schedule to stop the trading of all virtual currencies. New user registration shall be stopped immediately after the announcement.
4. Shareholders, controllers, executives, and core financial and technical staff of exchanges shall cooperate fully with authorities during the clearing, while staying in Beijing........ (Wait ? what? ermm? I have a , errmm wedding in err Scotland,no sorry I mean Syria , err must dash !!!!
) On a serious note I know a family in China- the authorities turned up at their house one day- and took the father- and he was never heard from again! and with ZERO explanation. 5. Exchanges shall report their developments daily to local authorities before the clearing is completed.
6. Exchanges shall save all user trading and holding data, and send it to local authorities immediately in DVDs.
The document is signed: The office of the Leading Group of Beijing Internet Financial Risks Remediation, Sept. 15, 2017
Official Chinacoin incoming during National Congress. "Probably "
September 15, 2017, 06:54:42 AM
That $2m sale through the first $3k wall on Bitstamp was painful to watch. I don't see this stopping soon when there is a >10% price difference between the West and East (currently ~$2.6k).
Haven't looked at Ethereum, but man Litecoin is getting creamed. Down over 50%.
Litecoin is almost vapor without China TBH.Ah well. Glad I cashed out enough to cover supplies and taxes. For the rest I'll just sit back and watch.
I had planned to buy some stuff back when we were around $4.8k, but I guess they can wait now. September 15, 2017, 06:50:06 AM
September 15, 2017, 06:49:08 AM
seems like just last week we were all going woopty doo after breaking $1000,
now I think I'm getting too old for this shit....
now I think I'm getting too old for this shit....
September 15, 2017, 06:48:06 AM
Impressive $2000+ dump
To be honest; i dont panic at all, i just buy moar!
To be honest; i dont panic at all, i just buy moar!
September 15, 2017, 06:47:05 AM
China's Bitcoin Exchanges Receive Shutdown Orders and Closure Timeline
https://www.coindesk.com/document-lists-closure-steps-for-chinas-bitcoin-exchanges/?utm_content=bufferd5f92&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
1. Before 20 September 6pm, exchanges shall come up with a detailed risk-free clearing plan, and send this plan to the office. Exchanges shall deal with their claims and liabilities properly, and insure that investors’ funds and virtual currencies are safe.
2. Before 20 September 6pm, exchanges shall determine a bank account, which will be used for depositing user funds. All other accounts in banks and other non-bank payment service providers shall be canceled and reported to the Business Management Department of People’s Bank of China.
3. Before 15 September midnight, exchanges shall publish closing announcements, and announce a schedule to stop the trading of all virtual currencies. New user registration shall be stopped immediately after the announcement.
4. Shareholders, controllers, executives, and core financial and technical staff of exchanges shall cooperate fully with authorities during the clearing, while staying in Beijing........ (Wait ? what? ermm? I have a , errmm wedding in err Scotland,no sorry I mean Syria , err must dash !!!! ) On a serious note I know a family in China- the authorities turned up at their house one day- and took the father- and he was never heard from again! and with ZERO explanation.
5. Exchanges shall report their developments daily to local authorities before the clearing is completed.
6. Exchanges shall save all user trading and holding data, and send it to local authorities immediately in DVDs.
The document is signed: The office of the Leading Group of Beijing Internet Financial Risks Remediation, Sept. 15, 2017
https://www.coindesk.com/document-lists-closure-steps-for-chinas-bitcoin-exchanges/?utm_content=bufferd5f92&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
1. Before 20 September 6pm, exchanges shall come up with a detailed risk-free clearing plan, and send this plan to the office. Exchanges shall deal with their claims and liabilities properly, and insure that investors’ funds and virtual currencies are safe.
2. Before 20 September 6pm, exchanges shall determine a bank account, which will be used for depositing user funds. All other accounts in banks and other non-bank payment service providers shall be canceled and reported to the Business Management Department of People’s Bank of China.
3. Before 15 September midnight, exchanges shall publish closing announcements, and announce a schedule to stop the trading of all virtual currencies. New user registration shall be stopped immediately after the announcement.
4. Shareholders, controllers, executives, and core financial and technical staff of exchanges shall cooperate fully with authorities during the clearing, while staying in Beijing........ (Wait ? what? ermm? I have a , errmm wedding in err Scotland,no sorry I mean Syria , err must dash !!!!
) On a serious note I know a family in China- the authorities turned up at their house one day- and took the father- and he was never heard from again! and with ZERO explanation. 5. Exchanges shall report their developments daily to local authorities before the clearing is completed.
6. Exchanges shall save all user trading and holding data, and send it to local authorities immediately in DVDs.
The document is signed: The office of the Leading Group of Beijing Internet Financial Risks Remediation, Sept. 15, 2017
September 15, 2017, 06:46:45 AM
This is a nightmare. 
September 15, 2017, 06:46:31 AM
bought the Fucking dip just under 3k.
the community thanks you...
September 15, 2017, 06:45:48 AM
Haven't looked at Ethereum, but man Litecoin is getting creamed. Down over 50%.
Ah well. Glad I cashed out enough to cover supplies and taxes. For the rest I'll just sit back and watch.
Ah well. Glad I cashed out enough to cover supplies and taxes. For the rest I'll just sit back and watch.
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