The short term symmetric triangle will break in the next 7-8 hours. That should be bullish.
Please show a picture of that symmetric triangle 
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26167. (Read 26710759 times)
August 25, 2014, 02:04:02 PM
August 25, 2014, 01:59:29 PM
August 25, 2014, 01:59:08 PM
BTCChina
I think BTC-China always had fees until recently perhaps. What happened in Dec/19 is that they lost the deposit channel via bank transfer. They came up with a voucher system that apparently was not popular, while Huobi and OKCoin found a way to continue using banks for deposit. I don't know exactly what is the reason for their recent revival: they accept USD and HKD deposits, they have a mobile trading app, they may have eliminated the trading fees...I thought the voucher system had been banned in China, but I must have been wrong. It beats me how their exchanges are still operating with all the hostility from the Chinese government.
Coinbase is probably depositing to chinese overseas operations. http://www.coindesk.com/chinese-bitcoin-exchanges-prepare-to-move-operations-overseas/
August 25, 2014, 01:50:53 PM
klee, did you ever get the other half of your coins back?
August 25, 2014, 01:38:28 PM
BTCChina
https://ip.bitcointalk.org/?u=http%3A%2F%2Fi61.tinypic.com%2F2hmlnjo.jpg&t=543&c=s7sm7IaYqcRwmQ
I think BTC-China always had fees until recently perhaps. What happened in Dec/19 is that they lost the deposit channel via bank transfer. They came up with a voucher system that apparently was not popular, while Huobi and OKCoin found a way to continue using banks for deposit. I don't know exactly what is the reason for their recent revival: they accept USD and HKD deposits, they have a mobile trading app, they may have eliminated the trading fees...https://ip.bitcointalk.org/?u=http%3A%2F%2Fi61.tinypic.com%2F2hmlnjo.jpg&t=543&c=s7sm7IaYqcRwmQ
I thought the voucher system had been banned in China, but I must have been wrong. It beats me how their exchanges are still operating with all the hostility from the Chinese government.
August 25, 2014, 01:33:33 PM
klee, did you ever get the other half of your coins back?
August 25, 2014, 01:30:15 PM
BTC is stuck around 500$
500$ is the new 5$ August 25, 2014, 01:28:27 PM
The short term symmetric triangle will break in the next 7-8 hours. That should be bullish.
August 25, 2014, 01:27:09 PM
There is absolutely NO WAY an international trading market would settle in sideways EXACTLY @ $500 price point on its own. Absolutely no way.
Only way is colluding whales could stick it there.
Only way is colluding whales could stick it there.
Don't act so surprised
August 25, 2014, 01:23:52 PM
There is absolutely NO WAY an international trading market would settle in sideways EXACTLY @ $500 price point on its own. Absolutely no way.
Only way is colluding whales could stick it there.
Only way is colluding whales could stick it there.
August 25, 2014, 01:23:26 PM
BTC is stuck around 500$
August 25, 2014, 01:19:18 PM
BTCChina
I think BTC-China always had fees until recently perhaps. What happened in Dec/19 is that they lost the deposit channel via bank transfer. They came up with a voucher system that apparently was not popular, while Huobi and OKCoin found a way to continue using banks for deposit. I don't know exactly what is the reason for their recent revival: they accept USD and HKD deposits, they have a mobile trading app, they may have eliminated the trading fees...I´m almost 100% sure that they had no fees during the Nov/Dec bubble, maybe you could check out @JorgeStolfis posting history from that time, i´m pretty sure that he analyzed that, he´s a pro, but i´m too lazy to look by myself right now.
Edit: Found this: http://www.coindesk.com/bitcoin-exchange-btc-china-eliminates-trading-fees/ from September 24, 2013
August 25, 2014, 01:18:01 PM
We could definitely see some upward move now. CCMF soon? 
August 25, 2014, 01:16:00 PM
BTCChina
I think BTC-China always had fees until recently perhaps. What happened in Dec/19 is that they lost the deposit channel via bank transfer. They came up with a voucher system that apparently was not popular, while Huobi and OKCoin found a way to continue using banks for deposit. I don't know exactly what is the reason for their recent revival: they accept USD and HKD deposits, they have a mobile trading app, they may have eliminated the trading fees... August 25, 2014, 01:07:46 PM
fonzie,
Do not try to acquire more fiat. That's impossible. Instead try to realize the truth: There is no fiat.
Then you'll see that we escaped Earth's gravity well long ago. It is not your fiat that increases, but your rocket thrust that decreases.
Do not try to acquire more fiat. That's impossible. Instead try to realize the truth: There is no fiat.
Then you'll see that we escaped Earth's gravity well long ago. It is not your fiat that increases, but your rocket thrust that decreases.
August 25, 2014, 01:03:51 PM
fonzie,
Do not try to acquire more fiat. That's impossible. Instead try to realize the truth: There is no fiat.
Then you'll see that we escaped Earth's gravity well long ago. It is not your fiat that increases, but your rocket thrust that decreases.
Do not try to acquire more fiat. That's impossible. Instead try to realize the truth: There is no fiat.
Then you'll see that we escaped Earth's gravity well long ago. It is not your fiat that increases, but your rocket thrust that decreases.
August 25, 2014, 01:00:43 PM
Can´t wait for that LTC short squeeze on Finex, orderbook (3:1 bullish for 0,70$ difference) and shorts stats still look funny.
LTC is very dangerous right now. while a short squeeze is possible, i think it's more likely that the top is in for now. if 31~ CNY support falters, i could see a steep fall ahead...
very true.
actually, I have a feeling that this bitcoin bounce from 440 territory is ltc related. someone pumped some fresh fiat from btc-e and bitfinex bitcoin liquidations into highly illiquid ltc market, hoping for a major btc push.
not going to happen.
August 25, 2014, 01:00:12 PM
Can´t wait for that LTC short squeeze on Finex, orderbook (3:1 bullish for 0,70$ difference) and shorts stats still look funny.
LTC is very dangerous right now. while a short squeeze is possible, i think it's more likely that the top is in for now. if 31~ CNY support falters, i could see a steep fall ahead...
LTC shorters, ~150k (down from 200K a day ago) are probably still sweatin right now.
August 25, 2014, 12:59:28 PM
August 25, 2014, 12:57:25 PM
Can´t wait for that LTC short squeeze on Finex, orderbook (3:1 bullish for 0,70$ difference) and shorts stats still look funny.
LTC is very dangerous right now. while a short squeeze is possible, i think it's more likely that the top is in for now. if 31~ CNY support falters, i could see a steep fall ahead...
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