Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26168.

fonzie

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Quote from: JorgeStolfi on August 25, 2014, 01:16:00 PM

Quote from: fonzie on August 25, 2014, 12:50:57 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. Wink

Edit: Found this: http://www.coindesk.com/bitcoin-exchange-btc-china-eliminates-trading-fees/ from September 24, 2013

macsga

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Strange, yet attractive.

We could definitely see some upward move now. CCMF soon? Roll Eyes

JorgeStolfi

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Quote from: fonzie on August 25, 2014, 12:50:57 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...

fonzie

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Quote from: Walsoraj on 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.

Walsoraj

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Ultranode

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.

tarmi

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Quote from: Gimmelfarb on August 25, 2014, 12:57:25 PM

Quote from: fonzie on August 25, 2014, 12:54:56 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.

fonzie

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Quote from: Gimmelfarb on August 25, 2014, 12:57:25 PM

Quote from: fonzie on August 25, 2014, 12:54:56 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.

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

Gimmelfarb

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Quote from: fonzie on August 25, 2014, 12:54:56 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...

fonzie

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Quote from: tarmi on August 25, 2014, 12:53:51 PM

Quote from: fonzie on August 25, 2014, 12:50:57 PM

BTCChina

BTW: I stopped using any kind of TA, i´m only using the Walsoraj indicator for now.

so, the last time btc china had no fees, we had a bubble.

does that mean that we will have an downward bubble now?

Probably yes, keep up putting that shorts tarmi! Cheesy

tooil

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Quote from: tarmi on August 25, 2014, 12:53:51 PM

so, the last time btc china had no fees, we had a bubble.

does that mean that we will have an downward bubble now?

BTC china make money on deposit fee as oppose to trading fee on other exchanges.

And there is no correlation between fee and bubble.

fonzie

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Can´t wait for that LTC short squeeze on Finex, orderbook (3:1 bullish for 0,70$ difference) and short stats still look funny. Would be interesting to see the stats from MT 4 -BTC-E.

MAKE ME MOONNNEEZZZZ!

tarmi

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