Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17770. (Read 26608087 times)
February 08, 2017, 10:37:42 AM
February 08, 2017, 10:00:40 AM
Fake news ore not what the PBOC did was discusting. I'm done with China, i cant wait untill the day arrives when Japan ore the west steps in taking away there power.
India needs to build a few very cheap nuclear powerplants asap for mining coins
India needs to build a few very cheap nuclear powerplants asap for mining coins
Professor PBOCorn needs to just BUY and HODLLL!!
February 08, 2017, 09:58:16 AM
Would this shit even be legal in a regulated market? Not that we want that, obviously, just curious.
Actually it happens the U.S. equities market pretty routinely. Media colludes with whale traders, and often publish fake rumors to either pump or dump small caps. Insider trading is rampant. The SEC is in on it, as they often won't investigate even in the face of obvious evidence.
I imagine that they'll be able to milk a possible "bitcoin ban" for quite a while, as there are many countries out there. It'll work until it doesn't.
He will make bitcoin crush the ATH if this photo was tweeted from his tweeter account.
With headlines:
Trump supports BiTcOiN!
February 08, 2017, 09:54:58 AM
Would this shit even be legal in a regulated market? Not that we want that, obviously, just curious.
Actually it happens the U.S. equities market pretty routinely. Media colludes with whale traders, and often publish fake rumors to either pump or dump small caps. Insider trading is rampant. Naked shorting is rampant. The SEC is in on it, as they often won't investigate even in the face of obvious evidence.
I imagine that they'll be able to milk a possible "bitcoin ban" for quite a while, as there are many countries out there. Fake news will work until it doesn't. They'll continue to find their "reasons" to dump bitcoin increasingly dwindle over time.
February 08, 2017, 09:50:53 AM
Would this shit even be legal in a regulated market? Not that we want that, obviously, just curious.
February 08, 2017, 09:48:56 AM
Fake news ore not what the PBOC did was discusting. I'm done with China, i cant wait untill the day arrives when Japan ore the west steps in taking away there power.
India needs to build a few very cheap nuclear powerplants asap for mining coins
India needs to build a few very cheap nuclear powerplants asap for mining coins
February 08, 2017, 09:44:02 AM
Bloomberg so busted... FAKE ASS NEWS
February 08, 2017, 09:19:09 AM
^fake news
lmfaoQuote
“There are a lot of people shorting bitcoin now, one because of the regulatory environment, another because the price is relatively high,” said Tian Jia, a Beijing-based trader of bitcoin. “The fact that PBOC continues to look into this issue might make people think that the whole thing isn’t over, and based on past trends, whenever the central bank holds meetings with exchanges the price will drop.”
bloomberg was surprisingly quick with this one. they almost brought it before the dump...
No shit. And then they went back in literally within minutes and edited/updated the article to reflect the price action, adding sensational words like "plummeted", cherry picking a recent chart from the last half hour. All in real time.
Now tell me again how the media is not in bed with bitcoin manipulators?
I think the PBOC's manipulation power is dwindling as we see now the real volume of Chinese Bitcoin trade. China is still strong in Bitcoin but not that dominant many believed only two months ago ...
I've been on this forum for years now telling people that bitcoin buying/selling is not primarily driven by the Chinese people, and trolls made sure to come out and try to stomp on my posts every single time. Now they can see the truth.#wallofchinaobserver!!!
February 08, 2017, 09:11:31 AM
This time I'm really disappointed by the PBOC. Only 50$ (or ~4%) at the deepest point of the "crash" and still nobody wants to continue the shorting party ... (OK, we're 1% down comparing to yesterday, but that would be even a normal number in forex)
I think the PBOC's manipulation power is dwindling as we see now the real volume of Chinese Bitcoin trade. China is still strong in Bitcoin but not that dominant many believed only two months ago ...
I expect a consolidation in the 1030-40's and then a new attempt to break 1000€ (1070USD). I continue to expect at least $1100 as a new local high but an new ATH looks difficult to me in the next month.
I think the PBOC's manipulation power is dwindling as we see now the real volume of Chinese Bitcoin trade. China is still strong in Bitcoin but not that dominant many believed only two months ago ...
I expect a consolidation in the 1030-40's and then a new attempt to break 1000€ (1070USD). I continue to expect at least $1100 as a new local high but an new ATH looks difficult to me in the next month.
Great post.I second that.
Furthermore I find it funny or better said ridiculous that people still fall the comments PBOC is making after fees have been introduced.
These guys definitely have an agenda running.But I hardly doubt they will ever ban Bitcoin.This is not going to happen.
One day they can announce whatever they want, Bitcoin will give a shit and continue rising in value.
February 08, 2017, 09:01:37 AM
^fake news
lmfaoQuote
“There are a lot of people shorting bitcoin now, one because of the regulatory environment, another because the price is relatively high,” said Tian Jia, a Beijing-based trader of bitcoin. “The fact that PBOC continues to look into this issue might make people think that the whole thing isn’t over, and based on past trends, whenever the central bank holds meetings with exchanges the price will drop.”
bloomberg was surprisingly quick with this one. they almost brought it before the dump...
No shit. And then they went back in literally within minutes and edited/updated the article to reflect the price action, adding sensational words like "plummeted", cherry picking a recent chart from the last half hour. All in real time.
They were just waiting on the drop from their "buddies".
Now tell me again how the media is not in bed with bitcoin manipulators?
I think the PBOC's manipulation power is dwindling as we see now the real volume of Chinese Bitcoin trade. China is still strong in Bitcoin but not that dominant many believed only two months ago ...
I've been on this forum for years now telling people that bitcoin buying/selling is not primarily driven by the Chinese people, and trolls made sure to come out and try to stomp on my posts every single time. Now they can see the truth. 
February 08, 2017, 08:53:23 AM
This time I'm really disappointed by the PBOC. Only 50$ (or ~4%) at the deepest point of the "crash" and still nobody wants to continue the shorting party ... (OK, we're 1% down comparing to yesterday, but that would be even a normal number in forex)
I think the PBOC's manipulation power is dwindling as we see now the real volume of Chinese Bitcoin trade. China is still strong in Bitcoin but not that dominant many believed only two months ago ...
I expect a consolidation in the 1030-40's and then a new attempt to break 1000€ (1070USD). I continue to expect at least $1100 as a new local high but an new ATH looks difficult to me in the next month.
I think the PBOC's manipulation power is dwindling as we see now the real volume of Chinese Bitcoin trade. China is still strong in Bitcoin but not that dominant many believed only two months ago ...
I expect a consolidation in the 1030-40's and then a new attempt to break 1000€ (1070USD). I continue to expect at least $1100 as a new local high but an new ATH looks difficult to me in the next month.
February 08, 2017, 08:48:29 AM
What drop?
I woke up and the price was the same when I went to bed.
Maybe it was all just a bad dream to most.
I woke up and the price was the same when I went to bed.
Maybe it was all just a bad dream to most.
February 08, 2017, 08:44:12 AM
What the fuck happend
My Chinese friend sent me this link: http://finance.sina.com.cn/china/gncj/2017-02-08/doc-ifyameqr7339635.shtml?qq-pf-to=pcqq.group
You can use google translate, it means:"PBOC(The People's Bank Of China) has a meeting about anti money laundrying with Chinese major bitcoin exchanges(I translate it)"
the story (with unnamed sources 'familiar with the matter' 'speaking on condition of anonymity', blah-de-blah) can be used as cover for the manipulation .... not the cause. The gold market has been functioning like this but on bigger scale for ~2 decades.
Not that big a drop can't even see it on my Heikin ashi 1 day chart
February 08, 2017, 08:31:42 AM
How many times has China banned Bitcoin?
It's pretty clear by now that PBOC is manipulating the market.
Since when are minor price movements in either direction equal to market manipulation?^it this point i really hope they would! It would cause panic buying!! :-D
February 08, 2017, 07:29:52 AM
^fake news
lmfaoQuote
“There are a lot of people shorting bitcoin now, one because of the regulatory environment, another because the price is relatively high,” said Tian Jia, a Beijing-based trader of bitcoin. “The fact that PBOC continues to look into this issue might make people think that the whole thing isn’t over, and based on past trends, whenever the central bank holds meetings with exchanges the price will drop.”
bloomberg was surprisingly quick with this one. they almost brought it before the dump...
February 08, 2017, 06:44:08 AM
This isn't even news.
Translated to - China wants to be able to tax major Chinese exchanges because they're probably using both crypto & fiat to run their organisations. Why the hell wouldn't they be taxed when they cash out crypto for fiat.
A total non story this.
Translated to - China wants to be able to tax major Chinese exchanges because they're probably using both crypto & fiat to run their organisations. Why the hell wouldn't they be taxed when they cash out crypto for fiat.
A total non story this.
February 08, 2017, 06:34:30 AM
How many times has China banned Bitcoin?
It's pretty clear by now that PBOC is manipulating the market.
Since when are minor price movements in either direction equal to market manipulation?since... day one, no?
February 08, 2017, 06:07:24 AM
How many times has China banned Bitcoin?
It's pretty clear by now that PBOC is manipulating the market.
Since when are minor price movements in either direction equal to market manipulation? 
February 08, 2017, 06:05:36 AM
Up! she goes, No! stopping! the Honey Badger
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