Coin
Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20582. (Read 26607035 times)
October 23, 2015, 08:01:43 PM
October 23, 2015, 08:00:21 PM
first time that gemini ask is lower than stamp
October 23, 2015, 07:55:49 PM
281.5 max on Finex...then goes back a little
October 23, 2015, 07:54:40 PM
October 23, 2015, 07:53:47 PM
Go time
October 23, 2015, 07:52:56 PM
October 23, 2015, 07:47:15 PM
There are definitely a lot of coins for sale
October 23, 2015, 07:43:56 PM
And the dump more profitable...LOLOL
October 23, 2015, 07:42:44 PM
This time, the candy will be more expensive 
October 23, 2015, 07:31:07 PM
October 23, 2015, 07:19:49 PM
Tim Draper is ready. Are you?
October 23, 2015, 07:01:59 PM
October 23, 2015, 06:03:17 PM
Charts... I hate charts...
Every time that an auction takes place, this is the pattern. Then -> DUMP!
Hello 300! (in less than 2 weeks)
Every time that an auction takes place, this is the pattern. Then -> DUMP!
Hello 300! (in less than 2 weeks)
October 23, 2015, 06:01:41 PM
October 23, 2015, 05:59:45 PM
Then what is your explanation for that rise?
Pretty god damn obvious, at least 500 billion dollars attempting to leave China, some of which is going into Bitcoin, and the halving is just beginning to start to have an initial price effect. Negative interests rates gaining steam + more China fever + halving all at the same time = the perfect storm beginning.http://www.armstrongeconomics.com/archives/38474
I wonder if anyone would see bitcoin as a good way to protect one's money from a 3% devaluation of the Yuan...
But the huge buys in China are probably related to this, interpreted as bullish news (authorities friendly towards bitcoin):
https://www.cryptocoinsnews.com/chinas-cyberspace-administration-acknowledges-bitcoin/
But the CAC is NOT the PBoC, so it was kind of "buy the rumor" thing. I expect sometime in the next weeks an official statement of the PBoC on this.
https://www.cryptocoinsnews.com/chinas-cyberspace-administration-acknowledges-bitcoin/
But the CAC is NOT the PBoC, so it was kind of "buy the rumor" thing. I expect sometime in the next weeks an official statement of the PBoC on this.
That report may have had more impact in the West than in China. Back in mid-2014, some PBoC official was quoted as saying that the bank had no objection to bitcoin ownership and trading, and compared it to trading rare stamps. I can't see in the CAC report (through Google translate) a more positive attitude. I don't see it as signalling a relaxation of the current restrictions (e.g. as suggesting that financial institutions could start investing in it). Instead, I read the report as saying "bitcoin is connected to illegal activities, more regulation may be needed".
I wish that there was a real translation by someone fluent in Chinese.
Hard to think it was coincidence. The day the report came out, prices on chinese exchanges started their march to way above the USD EUR rates and had all the non-chinese traders wondering WTH was going on.
October 23, 2015, 05:47:31 PM
Then what is your explanation for that rise?
Pretty god damn obvious, at least 500 billion dollars attempting to leave China, some of which is going into Bitcoin, and the halving is just beginning to start to have an initial price effect. Negative interests rates gaining steam + more China fever + halving all at the same time = the perfect storm beginning.http://www.armstrongeconomics.com/archives/38474
I wonder if anyone would see bitcoin as a good way to protect one's money from a 3% devaluation of the Yuan...
But the huge buys in China are probably related to this, interpreted as bullish news (authorities friendly towards bitcoin):
https://www.cryptocoinsnews.com/chinas-cyberspace-administration-acknowledges-bitcoin/
But the CAC is NOT the PBoC, so it was kind of "buy the rumor" thing. I expect sometime in the next weeks an official statement of the PBoC on this.
https://www.cryptocoinsnews.com/chinas-cyberspace-administration-acknowledges-bitcoin/
But the CAC is NOT the PBoC, so it was kind of "buy the rumor" thing. I expect sometime in the next weeks an official statement of the PBoC on this.
That report may have had more impact in the West than in China. Back in mid-2014, some PBoC official was quoted as saying that the bank had no objection to bitcoin ownership and trading, and compared it to trading rare stamps. I can't see in the CAC report (through Google translate) a more positive attitude. I don't see it as signalling a relaxation of the current restrictions (e.g. as suggesting that financial institutions could start investing in it). Instead, I read the report as saying "bitcoin is connected to illegal activities, more regulation may be needed".
I wish that there was a real translation by someone fluent in Chinese.
October 23, 2015, 05:29:48 PM
We are going to hit 300 in less than 2 weeks
October 23, 2015, 05:27:24 PM
For most of the past week the alts were mostly dropping in price while Bitcoin went up in price. It was almost as if people were dumping their alts to but Bitcoin, which was a nice turnaround. People usually dump Bitcoin to buy the latest flavor of the month alt that's being pumped.
With a couple of exceptions, altland looks increasingly like the complete and utter dead end many think it is. I don't think there's anywhere near the enthusiasm there was a couple of years ago.
I remember a couple of years ago the alt board was the most active one here and there were hundreds of new coins launched each week. Now it's a shadow of its former self and new coin launches have vastly been reduced. Hopefully it's no longer profitable to launch new alts based on cutting and pasting the Bitcoin code.
October 23, 2015, 05:20:19 PM
For most of the past week the alts were mostly dropping in price while Bitcoin went up in price. It was almost as if people were dumping their alts to but Bitcoin, which was a nice turnaround. People usually dump Bitcoin to buy the latest flavor of the month alt that's being pumped.
With a couple of exceptions, altland looks increasingly like the complete and utter dead end many think it is. I don't think there's anywhere near the enthusiasm there was a couple of years ago.
Thus, it may be reaching 'investment grade'. Just a little more pain and Bitcoin continuing to rise will do the trick. Human behaviour never changes.
October 23, 2015, 05:14:18 PM
For most of the past week the alts were mostly dropping in price while Bitcoin went up in price. It was almost as if people were dumping their alts to but Bitcoin, which was a nice turnaround. People usually dump Bitcoin to buy the latest flavor of the month alt that's being pumped.
With a couple of exceptions, altland looks increasingly like the complete and utter dead end many think it is. I don't think there's anywhere near the enthusiasm there was a couple of years ago.
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