Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17894. (Read 26630380 times)

Sure..

Nothing that comes out of china can be believed.. Not their news, not their fiat exchange rates, not their crypto exchange rates or the action of their exchanges in the market.. Maybe not even their miners?

What does china do?
They do everything they can to make people THINK that they have this great massive influence, make people believe that china is in control with their grandiose claims..

And then what? Use their exaggerated influence to MANIPULATE..
Their actual pull is much less than they make it out to be..
I wouldn't even put it past the chinese gov or the pboc to be IN ON IT because everything about the entire chinese economy is FAKE..
Propaganda..

This manipulation is bad for bitcoin.. No matter the end result, price this extreme volitility scares everyone away... This extreme volitility is also terrible for use as a currency..

The other day I said "when does BTC ever loose half it's value overnight?"
Now, it does..

Another thing..
I'm not sure of taking a side of segwit or whatever but, if segwit is what we need look who's stopping it.. China, that's who..
The greedy miners that just want ROI..
 
You know their mining advantage comes entirely from the fact that they don't mind dumping into and polluting their country by way of ground and the entire world by way of air..

They don't give a fuck how bad they fuck shit up to make the cheapest electricity possible..
They don't give a fuck how bad they fuck shit up to make the cheapest planned obsolescence electronics such as miners not to mention everything else they sell/export that is nothing but garbage in 1 year or so if that..

It is too bad that bitcoin has managed to get itself caught up in this terrible china game..

Not just bitcoin, the whole world..

Trump's trade war NOW!!
Maybe they will even give us the chance to embarrass their chincy china military..

They are sitting too many notches too high on the global pegboard and need to be taken down a few rungs including their current manipulated false influence and set them back a ways to learn their lesson..

We need to kick this toxic china influence OUT of our grand experiment of the people's financial liberty..

I hope china bans bitcoin once and for all..

China GTFO..

You think china wants anything to do with personal liberty? Think again..
This could even be a chinese special ops tactic to destroy bitcoin..

Wayyy too much perceived and otherwise justifiable influence by dirty actors..

You can buy instantly via Credit Card at Stamp.

Well, I think the market has been worried of a full ban by China. China making bitcoin illegal or in some other way putting in some kind of ban to reduce capital flight. If the Chinese governement actively seek to control the exchanges in order to make them comply there isn't any reason for them to clamp down further. Yes there will be less capital flight buying but since that was anyhow a zero sum buy/sell it probably won't make a difference. What the Chinese can still do is buy bitcoin as a store of value and that has the potential to drive the price much higher.

Then we had the risk of these rogue exchanges being used to manipulate the price (both up and down) which was bad for volatility and overall trust in btc.

Finally there is the point of the SEC that I mentioned.

Good to see bitcoin back at less than $800, finally, another chance to buy more!

But it's really bad to see that only one country is starting to get the hold of bitcoin, that's not why the bitcoin was made...

Thanks for this jimbo. There are 2 within 20 mins drive from me.

I never knew this.

https://coinatmradar.com/countries/

Be prepared to comparison-shop. Rates vary considerably. Where I live they range from 1% to over 15%.

Gentlemand, once again, a class comment! Ha ha

Dont tell ur wife that u sold ur coins. U would need to hire a humanoid-mutant, only he would be able to assist u with handling excessive anger of hers. My wife died 3 years ago from being struck by my arrow, at least this is what has been written in a certificate of a criminal record. I trade crypto and couldnt be happier man because I know my wife is dead and will not interfere with my financial transactions.

No JJG. I have invested only what I can afford to lose. It in no way affects my family.

Still a bit of a kick in the balls though.

I agree.

Stamp is boss in town.

You'll know within a couple hours

I agree that there are "a vast array of opinions on the subject", but will it be just rejected based on "opinions" ? I doubt my friend.



Plus, if they really wanted to reject it, why would they wait for 3-4 years ?

the thing is chinese exchanges are being fake giants with a much smaller impact on prices as everybody thinks they have. when huobi et others went full moonish and 8888yuan bitstamp didnt move one fart away from 1130$ even as china was 15% higher.

and now we see the opposite china being waay lower than stamp and stamp doesnt give a fuck. i guess we should all learn now that the rulers of bitcoin price arent chinese exchanges but western exchanges. they are just not fully aware of it yet...

Very possible I suppose, but they haven't even started to clean and lord knows what might be uncovered. It would also be a fine demonstration of how the SEC would be green lighting and endorsing something they effectively have zero influence over.

They can save your botty from US stock market shenanigans. There's nothing they can do to stop there from being 17 chains all claiming to be Bitcoin a few months after approval or an even shoddier exchange setup abroad taking the lead. 

 

did I do good?

I guess this has changed the timeline a bit and there will be no second wave of fluctuation... We will go directly to our destination faster than anticipated.

And all the January/February financial problems in the "real world" that will hit the fan will probably help to make a quick bounce back.

Yes. But having the Chinese regulate their exchanges cleans that pussy up (to use your retarded analogy).

The chinese exchanges were a systematic risk. It was even mentioned in some of the comments to the SEC that the exchanges could be used to manipulate the price. Clean that up and all of a sudden we have a greater chance of being aproved.

ok we hit 800, bounce over,

china's gonna blow up.

Them doing nothing? No doubt there'll be a vast array of opinions on the subject. I'd say these are the very last applications they'd stick on their pile and forget about.