Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17763. (Read 26608255 times)

full member
Activity: 257
Merit: 100
With the PBOC announcement, if you don't think it will go down further you are delusional.
sr. member
Activity: 399
Merit: 254
This could be the real last chance to buy bitcoin below $1000??

last chance to sell it  Roll Eyes
hero member
Activity: 952
Merit: 552
This could be the real last chance to buy bitcoin below $1000??
Pug
member
Activity: 65
Merit: 10
Guy's at PBOC wanna earn some money for themselves, worked out every time  Grin
ImI
legendary
Activity: 1946
Merit: 1019
"Somehow, they perceive the high price and the rising price as a threat," said one exchange executive speaking under condition of anonymity.

If that's the situation we could see some more action out of the PBoC as soon as we break the ATH. At the moment it seems like 1000$ seems to be some kind of magical number to them that they dont want BTC to break. Everytime we break 1000$ they come up with some new bullshit.
legendary
Activity: 3780
Merit: 5429
I'm actually not enjoying this price drop. It's beginning to hurt my eyes seeing these numbers.

Today started so well and looked so bullish. It just shows btc hasn't grown up fully and can be battered at any moment. This will not help ETF

Actually it absolutely WILL help the ETF.  I believe this is being done in support of the ETF being approved.  


They've had years to implement this. So what other reason would there be to rush KYC/AML implementation and have it done exactly 4 weeks from today?
legendary
Activity: 2674
Merit: 3000
Terminated.
Ideas on what's next? I called the dip just a few minutes before it happened. It went down to $910-920 on Bitstamp within seconds. Is it over yet, or are we going to see more action once China wakes up? Cheesy
legendary
Activity: 2772
Merit: 2846
Still the effect of real news is not bigger than the January fall to $800 and lower that happened for no concrete reason, at least until now

I guess the chinese are getting less power in the price, what their next move will be?

Next step would obv be to close a small exchange. Then, after several smaller ones, proceed with the bigger ones.

Then go after the miners. Then go after every retailer that accepts BTC.

Going after miners will be tougher, at least the small ones. And I understand that there isn't much of a 'real' bitcoin economy in China. Few merchants accept it as payment. It's mostly used by speculators.

I doubt they will go after miners because if they do they might as well just really ban Bitcoin. They have repeatedly stated they won't ban Bitcoin, they just create a panic every so often.
legendary
Activity: 3892
Merit: 4331
Still the effect of real news is not bigger than the January fall to $800 and lower that happened for no concrete reason, at least until now

I guess the chinese are getting less power in the price, what their next move will be?

Next step would obv be to close a small exchange. Then, after several smaller ones, proceed with the bigger ones.

Then go after the miners. Then go after every retailer that accepts BTC.

oh, please, just cut it. If they wanted this, they would have done it long time ago.
high price as a threat? To what exactly? Sometimes communists have such idiotic notions.
legendary
Activity: 1764
Merit: 1031
I'm actually not enjoying this price drop. It's beginning to hurt my eyes seeing these numbers.

Today started so well and looked so bullish. It just shows btc hasn't grown up fully and can be battered at any moment. This will not help ETF

Meh. Blame PBoC for this one. Blame Stolfi for the ETF Smiley
legendary
Activity: 1358
Merit: 1016
I'm actually not enjoying this price drop. It's beginning to hurt my eyes seeing these numbers.

Today started so well and looked so bullish. It just shows btc hasn't grown up fully and can be battered at any moment. This will not help ETF
sr. member
Activity: 485
Merit: 250
Still the effect of real news is not bigger than the January fall to $800 and lower that happened for no concrete reason, at least until now

I guess the chinese are getting less power in the price, what their next move will be?

Next step would obv be to close a small exchange. Then, after several smaller ones, proceed with the bigger ones.

Then go after the miners. Then go after every retailer that accepts BTC.

One exchange thinks the PBOC has a hidden agenda. Maybe it's panicking because the yuan keeps crashing while Bitcoin keeps rising.

http://www.coindesk.com/chinas-central-bank-issues-new-warnings-bitcoin-exchanges/#

Quote
Others have hinted that the PBOC may have other motives for the announcement.

"Somehow, they perceive the high price and the rising price as a threat," said one exchange executive speaking under condition of anonymity.

Very deductive reasoning there cartman!  Wink
Are you sure your not batman. We need his detective skills to figure this one out why it keeps falling faster now. Undecided
hero member
Activity: 952
Merit: 552
Still the effect of real news is not bigger than the January fall to $800 and lower that happened for no concrete reason, at least until now

I guess the chinese are getting less power in the price, what their next move will be?

Next step would obv be to close a small exchange. Then, after several smaller ones, proceed with the bigger ones.

Then go after the miners. Then go after every retailer that accepts BTC.
That is paranoia extreme.  

This is China manipulation to buy more bitcoins cheap.  Drama will be over in a week.
legendary
Activity: 1764
Merit: 1031
Still the effect of real news is not bigger than the January fall to $800 and lower that happened for no concrete reason, at least until now

I guess the chinese are getting less power in the price, what their next move will be?

Next step would obv be to close a small exchange. Then, after several smaller ones, proceed with the bigger ones.

Then go after the miners. Then go after every retailer that accepts BTC.

Going after miners will be tougher, at least the small ones. And I understand that there isn't much of a 'real' bitcoin economy in China. Few merchants accept it as payment. It's mostly used by speculators.
legendary
Activity: 2772
Merit: 2846
Still the effect of real news is not bigger than the January fall to $800 and lower that happened for no concrete reason, at least until now

I guess the chinese are getting less power in the price, what their next move will be?

Next step would obv be to close a small exchange. Then, after several smaller ones, proceed with the bigger ones.

Then go after the miners. Then go after every retailer that accepts BTC.

One exchange thinks the PBOC has a hidden agenda. Maybe it's panicking because the yuan keeps crashing while Bitcoin keeps rising.

http://www.coindesk.com/chinas-central-bank-issues-new-warnings-bitcoin-exchanges/#

Quote
Others have hinted that the PBOC may have other motives for the announcement.

"Somehow, they perceive the high price and the rising price as a threat," said one exchange executive speaking under condition of anonymity.
legendary
Activity: 1124
Merit: 1000
13eJ4feC39JzbdY2K9W3ytQzWhunsxL83X
keep in mind that in some cases the deposits to exchanges take some hours...

what i want to say is that the party is not over as i understand  ans said before we will have a second wave down...or better continuing of the first since seems never ending,...just look the sells... omg
hero member
Activity: 1132
Merit: 818
about time. go away china and remember not to come back. time to move beyond and it's a price well worth paying.

I think down more, it takes an hour for coins to be exchangeble even if traders hear of the news almost immediately. I placed a low buying order, if that doesn't fill I'll buy at whatever the price is in an hour or so from now.
legendary
Activity: 1512
Merit: 1012
Net: Same # BTC, a little fiat in pocket. Most likely resuming our upward trajectory. Loving the volatility. Not a bad day.

same here ...

ImI
legendary
Activity: 1946
Merit: 1019
Still the effect of real news is not bigger than the January fall to $800 and lower that happened for no concrete reason, at least until now

I guess the chinese are getting less power in the price, what their next move will be?

Next step would obv be to close a small exchange. Then, after several smaller ones, proceed with the bigger ones.

Then go after the miners. Then go after every retailer that accepts BTC.
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
Today:
Buy the dip
Buy the dip
Buy the dip
Buy the dip
Buy the dip
Sell the bounce
Sell the bounce
Sell the bounce
Buy the dip
Sell the bounce
Buy the dip

Tomorrow:
Sell the bounce
Sell the bounce
Sell the bounce

Net: Same # BTC, a little fiat in pocket. Most likely resuming our upward trajectory. Loving the volatility. Not a bad day.
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