Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 27750. (Read 26711388 times)
May 15, 2014, 01:02:21 AM
May 15, 2014, 12:51:54 AM
KNOCK KNOCK $450,- 
May 15, 2014, 12:38:57 AM
I can't find any new facts about China; only news, such as these:
International Business Times, 2014-05-13:
Chinese Bitcoin Exchanges Planning to go Offshore to Escape PBOC Crackdown
http://www.ibtimes.co.uk/chinese-bitcoin-exchanges-planning-go-offshore-escape-pboc-crackdown-1448335
"Leon Li, founder and CEO of Huobi [said:] 'We don't want to touch the customers' money in China, because maybe [regulation] is going to get worse'"
Want China Times, 2014-05-10
Trading platforms struggle as more banks ban bitcoin in China
http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140510000119&cid=1102&MainCatID=11
"'If China maintains tough regulatory policies, the price of bitcoin will definitely keep dropping, 'said Du Jun, co-founder of Huobi. [ ... ] Li Qiyuan, CEO of BTC China, said more exchanges may close down in the future."
Yet, looking at the charts, it seems that the Chinese traders are growing more confident, gradually. It is the "plane didn't crash yet, perhaps there is no ground below" syndrome?
On the other hand, I understand that some customers of FXBTC are furious because the exchange shut down at 24:00 of May/09 instead of 00:00 of May/10, as they had announced:
http://bitcoinnewsbrief.com/blog/2014/05/14/shutdown-of-chinas-fxbtc-exchange-leads-to-customer-outrage/
International Business Times, 2014-05-13:
Chinese Bitcoin Exchanges Planning to go Offshore to Escape PBOC Crackdown
http://www.ibtimes.co.uk/chinese-bitcoin-exchanges-planning-go-offshore-escape-pboc-crackdown-1448335
"Leon Li, founder and CEO of Huobi [said:] 'We don't want to touch the customers' money in China, because maybe [regulation] is going to get worse'"
Want China Times, 2014-05-10
Trading platforms struggle as more banks ban bitcoin in China
http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140510000119&cid=1102&MainCatID=11
"'If China maintains tough regulatory policies, the price of bitcoin will definitely keep dropping, 'said Du Jun, co-founder of Huobi. [ ... ] Li Qiyuan, CEO of BTC China, said more exchanges may close down in the future."
Yet, looking at the charts, it seems that the Chinese traders are growing more confident, gradually. It is the "plane didn't crash yet, perhaps there is no ground below" syndrome?
On the other hand, I understand that some customers of FXBTC are furious because the exchange shut down at 24:00 of May/09 instead of 00:00 of May/10, as they had announced:
http://bitcoinnewsbrief.com/blog/2014/05/14/shutdown-of-chinas-fxbtc-exchange-leads-to-customer-outrage/
You won't find news by looking at press. Usually far too late. Weibo/blogs/forums are by far the best options. If you want updated news about China (up to the hour), just check r/BitcoinMarkets, I usually post there quite often
Nothing has happened today on China's side unfortunately
May 15, 2014, 12:34:54 AM
isn't 24:00 of May/09 = 00:00 of May/10?
That is the point... To be fair, I don't know whether FXBTC's deadline was announced as "May/10 00:00" or "May/10 24:00" or "May/10 midnight" or something else. However, the "five exchanges agreement" has "May/10 00:00" for other deadlines, so, well, ...
So what is their point ..."Just one more trade" when they anounce ~7 days previously to shut down & to remove your money
Furious as to their own stupidity
Also me thinks the FACIST regime that is china would love to make BIG dramas out of Bitcoin ripping customers off
May 15, 2014, 12:18:22 AM
isn't 24:00 of May/09 = 00:00 of May/10?
That is the point... To be fair, I don't know whether FXBTC's deadline was announced as "May/10 00:00" or "May/10 24:00" or "May/10 midnight" or something else. However, the "five exchanges agreement" has "May/10 00:00" for other deadlines, so, well, ...
May 15, 2014, 12:12:16 AM
I can't find any new facts about China; only news, such as these:
International Business Times, 2014-05-13:
Chinese Bitcoin Exchanges Planning to go Offshore to Escape PBOC Crackdown
http://www.ibtimes.co.uk/chinese-bitcoin-exchanges-planning-go-offshore-escape-pboc-crackdown-1448335
"Leon Li, founder and CEO of Huobi [said:] 'We don't want to touch the customers' money in China, because maybe [regulation] is going to get worse'"
Want China Times, 2014-05-10
Trading platforms struggle as more banks ban bitcoin in China
http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140510000119&cid=1102&MainCatID=11
"'If China maintains tough regulatory policies, the price of bitcoin will definitely keep dropping, 'said Du Jun, co-founder of Huobi. [ ... ] Li Qiyuan, CEO of BTC China, said more exchanges may close down in the future."
Yet, looking at the charts, it seems that the Chinese traders are growing more confident, gradually. It is the "plane didn't crash yet, perhaps there is no ground below" syndrome?
On the other hand, I understand that some customers of FXBTC are furious because the exchange shut down at 24:00 of May/09 instead of 00:00 of May/10, as they had announced:
http://bitcoinnewsbrief.com/blog/2014/05/14/shutdown-of-chinas-fxbtc-exchange-leads-to-customer-outrage/
International Business Times, 2014-05-13:
Chinese Bitcoin Exchanges Planning to go Offshore to Escape PBOC Crackdown
http://www.ibtimes.co.uk/chinese-bitcoin-exchanges-planning-go-offshore-escape-pboc-crackdown-1448335
"Leon Li, founder and CEO of Huobi [said:] 'We don't want to touch the customers' money in China, because maybe [regulation] is going to get worse'"
Want China Times, 2014-05-10
Trading platforms struggle as more banks ban bitcoin in China
http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140510000119&cid=1102&MainCatID=11
"'If China maintains tough regulatory policies, the price of bitcoin will definitely keep dropping, 'said Du Jun, co-founder of Huobi. [ ... ] Li Qiyuan, CEO of BTC China, said more exchanges may close down in the future."
Yet, looking at the charts, it seems that the Chinese traders are growing more confident, gradually. It is the "plane didn't crash yet, perhaps there is no ground below" syndrome?
On the other hand, I understand that some customers of FXBTC are furious because the exchange shut down at 24:00 of May/09 instead of 00:00 of May/10, as they had announced:
http://bitcoinnewsbrief.com/blog/2014/05/14/shutdown-of-chinas-fxbtc-exchange-leads-to-customer-outrage/
isn't 24:00 of May/09 = 00:00 of May/10?
May 15, 2014, 12:01:21 AM
I can't find any new facts about China; only news, such as these:
International Business Times, 2014-05-13:
Chinese Bitcoin Exchanges Planning to go Offshore to Escape PBOC Crackdown
http://www.ibtimes.co.uk/chinese-bitcoin-exchanges-planning-go-offshore-escape-pboc-crackdown-1448335
"Leon Li, founder and CEO of Huobi [said:] 'We don't want to touch the customers' money in China, because maybe [regulation] is going to get worse'"
Want China Times, 2014-05-10
Trading platforms struggle as more banks ban bitcoin in China
http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140510000119&cid=1102&MainCatID=11
"'If China maintains tough regulatory policies, the price of bitcoin will definitely keep dropping, 'said Du Jun, co-founder of Huobi. [ ... ] Li Qiyuan, CEO of BTC China, said more exchanges may close down in the future."
Yet, looking at the charts, it seems that the Chinese traders are growing more confident, gradually. It is the "plane didn't crash yet, perhaps there is no ground below" syndrome?
On the other hand, I understand that some customers of FXBTC are furious because the exchange shut down at 24:00 of May/09 instead of 00:00 of May/10, as they had announced:
http://bitcoinnewsbrief.com/blog/2014/05/14/shutdown-of-chinas-fxbtc-exchange-leads-to-customer-outrage/
International Business Times, 2014-05-13:
Chinese Bitcoin Exchanges Planning to go Offshore to Escape PBOC Crackdown
http://www.ibtimes.co.uk/chinese-bitcoin-exchanges-planning-go-offshore-escape-pboc-crackdown-1448335
"Leon Li, founder and CEO of Huobi [said:] 'We don't want to touch the customers' money in China, because maybe [regulation] is going to get worse'"
Want China Times, 2014-05-10
Trading platforms struggle as more banks ban bitcoin in China
http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140510000119&cid=1102&MainCatID=11
"'If China maintains tough regulatory policies, the price of bitcoin will definitely keep dropping, 'said Du Jun, co-founder of Huobi. [ ... ] Li Qiyuan, CEO of BTC China, said more exchanges may close down in the future."
Yet, looking at the charts, it seems that the Chinese traders are growing more confident, gradually. It is the "plane didn't crash yet, perhaps there is no ground below" syndrome?
On the other hand, I understand that some customers of FXBTC are furious because the exchange shut down at 24:00 of May/09 instead of 00:00 of May/10, as they had announced:
http://bitcoinnewsbrief.com/blog/2014/05/14/shutdown-of-chinas-fxbtc-exchange-leads-to-customer-outrage/
May 15, 2014, 12:00:47 AM
May 14, 2014, 11:36:18 PM
I own more BTC than 99.9% of the world population combined. Of course I am feeling lucky!
Well, I am still doubling my BTC holdings every day since December. Beat that! 
That's impossible if you started out with any satoshis. Even starting with 1 satoshi, after one month, you would have more than 1 BTC. After 2 months, you would have more than 100million bitcoins, which is far more than the supply ever to be made, unless you were dealing with gox coins, which are magical. The magic of compounding interest is truly amazing!!!!
Thanks Jay, as soon as I saw that post I was gonna try to do the math to call him out on his absolute bullshit, but then I realized it wasn't worth my time.
also thanks for using NOT one annoying quirk in that entire post.
May 14, 2014, 11:29:07 PM
oh look at that... stupid huobi broke the wall... I guess they doesn't know where to go now
What wall? I think TERA meant bounce down from 2760 on Huobi - so far we are still down
I think that breaking over 2800 would be meaningful - providing it is not on very anemic volume.
May 14, 2014, 11:23:47 PM
How long has the total ask side on Stamp remained around 21,000 btc? Seems like at least 6 months, probably longer. Any theories as to why?
Has been bigger 25-28k btc even in the last couple weeks. Why what? Same ask volume or 21k btc?
Imho, some of these ask are old, wishful thinking asks for couple thousand $ per btc "just in case".
May 14, 2014, 11:21:43 PM
oh look at that... stupid huobi broke the wall... I guess they doesn't know where to go now
What wall? I think TERA meant bounce down from 2760 on Huobi - so far we are still down
I think that breaking over 2800 would be meaningful - providing it is not on very anemic volume.
May 14, 2014, 11:12:11 PM
oh look at that... stupid huobi broke the wall... I guess they doesn't know where to go now
May 14, 2014, 11:02:07 PM
How long has the total ask side on Stamp remained around 21,000 btc? Seems like at least 6 months, probably longer. Any theories as to why?
May 14, 2014, 11:00:48 PM
May 14, 2014, 10:26:27 PM
Massive wall put up on bitstamp at $450. Bears are getting desperate!
Are we watching the same charts? 300BTC isn't what I'd call "massive".
Yeah, and its been there the whole time lol. (around 2 days old)
May 14, 2014, 10:24:09 PM
Massive wall put up on bitstamp at $450. Bears are getting desperate!
lol
May 14, 2014, 10:23:12 PM
Massive wall put up on bitstamp at $450. Bears are getting desperate!
Are we watching the same charts? 300BTC isn't what I'd call "massive".
May 14, 2014, 10:21:20 PM
Massive wall put up on bitstamp at $450. Bears are getting desperate!
May 14, 2014, 10:09:21 PM
probably a good idea to hit buy BEFORE you fap....
Be still my beating heart as that looks like BITCOIN CAMEL TOE ....AWESOME !!!
Camel Toe is a bullish TA signal, right???
Its certainly giving me an uptrend
Those things are faker than dogecoin.
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