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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28032. (Read 26712318 times)

hero member
Activity: 707
Merit: 500
sr. member
Activity: 404
Merit: 500
darkcoin is doing quite well today despite the BTC dump
legendary
Activity: 1008
Merit: 1000
Dumb broad
Its almost like the China gov made a bad trade based on the 12h MacD, the price started to go up - "Oh fuck, we dont want to buy back, RELEASE the news"

That's the likelihood.  They are filling their boots.
hero member
Activity: 798
Merit: 1000
A few fairly sizable bids proping the price up on Fenix, doesn't look like they're getting pulled.
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
Without positive news on mtgox front, adoption will slowly fade and bitcoin value will drop to single digit. Only savegox or similar proposal and the discovery of what really happened at mtgox can save bitcoin and resume its run to $10K-$100K

I agree with the portion of your statement that savegox would probably have been better for bitcoin and crypto currencies than court managed liquidation of GOX; however,  I do NOT agree with your cataclysmic prediction of some major price reduction in bitcoin b/c of that liquidation decision (and potential problem of NOT resolving other major issues regarding what happended to the other 600K coins).. You are talking crazy when you reach those kinds of outrageous  / double digits types of conclusions.
hero member
Activity: 812
Merit: 1000
Its almost like the China gov made a bad trade based on the 12h MacD, the price started to go up - "Oh fuck, we dont want to buy back, RELEASE the news"
legendary
Activity: 2212
Merit: 1199
Damn. I just woke up and instead of seeing a rally I see a drop ...
That's seems not to be a rally time yet I suppose...
legendary
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
gox priced in?? not yet.. wait 1 year and you'll see what damages 7% of stolen coins can cause


So, gox is priced in when we are at single digits? That's good to know.
newbie
Activity: 26
Merit: 0
gox priced in?? not yet.. wait 1 year and you'll see what damages 7% of stolen coins can cause
legendary
Activity: 1680
Merit: 1045
I would love some moar coins, but they just don't dump hard enough.
hero member
Activity: 798
Merit: 1000
Oh nice, a dump @super early EU time, waking up late to the party, now figuring out wtf is going on

I know its the worst, I'm sure 80% of the big moves happen at about 4:00 GMT while I'm asleep  Angry
hero member
Activity: 798
Merit: 1000
With the west so bored of China FUD (only a $50 drop on what you would consider big news) while Huobi decides what its wants to do Stamp could take the lead again and drag this straigh back up.
hero member
Activity: 812
Merit: 1000
Oh nice, a dump @super early EU time, waking up late to the party, now figuring out wtf is going on
hero member
Activity: 707
Merit: 500
Without positive news on mtgox front, adoption will slowly fade and bitcoin value will drop to single digit. Only savegox or similar proposal and the discovery of what really happened at mtgox can save bitcoin and resume its run to $10K-$100K


Ah Schtopppp will ya??... have a look outside, and if it's a nice day, go for a walk or something.. go outside, get away from the computer...

Single digits? Good man. Coz Gox? Good man. Markets priced gox in ages ago.. Dead exchange.. dead, gone, done.
donator
Activity: 1722
Merit: 1036
Without positive news on mtgox front, adoption will slowly fade and bitcoin value will drop to single digit.

In single digits, I will approach parity with Satoshi.

Welcome to the forum!
legendary
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
Without positive news on mtgox front, adoption will slowly fade and bitcoin value will drop to single digit. Only savegox or similar proposal and the discovery of what really happened at mtgox can save bitcoin and resume its run to $10K-$100K

Really?  Shocked
hero member
Activity: 798
Merit: 1000
Without positive news on mtgox front, adoption will slowly fade and bitcoin value will drop to single digit. Only savegox or similar proposal and the discovery of what really happened at mtgox can save bitcoin and resume its run to $10K-$100K

Yeah cause mtgox = Bitcoin. ZZZ get some new FUD.
newbie
Activity: 26
Merit: 0
Without positive news on mtgox front, adoption will slowly fade and bitcoin value will drop to single digit. Only savegox or similar proposal and the discovery of what really happened at mtgox can save bitcoin and resume its run to $10K-$100K
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"

Cash requires an in-person transaction with someone who has BTC.  This doesn't scale and risks those involved.  We need something else.


coinffeine.com

P2P-exchanges are coming online soon. After that, Bitcoin will be very hard to control by TPTB. I hope these kinds of panics will be history after that....maybe not Smiley

I am am looking forward to some of these decentralized type exchanges, too; however, I think that it will take a little while to get the bugs out of them.  Nonetheless, I look forward to thse kinds of developments that may resolve some of the stealing and  the manipulation and whatever else they are meant to solve.

They look awesome: true bitcoin-style solution to the problems of centralisation.
I can't quite work out how the bank transfers will actually happen without the third party. If it does work well, presumably the Chinese will flood in...


My understanding is that there are a variety of possibilities but one is form of marking transactions and using bitcoins as collateral.. anyhow, there would be no need to change in and out of actual fiat once you have bitcoin (except at the very beginning or the end end if you were to want to cash out for fiat or buy more BTC with Fiat - but you would use your regular channels for that.   I'm sure that there will be varying competitive models, in the beginning.
legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
Let me guess before I start reading 50+ pages... China again?

yes China give us back our freedom after 10 May

No. Huobi will find a different way to accept deposits which will be maybe banned after a few weeks including a new deadline. Of course.

I think that we all can agree this will probably happen , I'm looking at something like 90% chance , including the panic dump on the new ban.

I agree that will happen, so long as NO real major investor does NOT come into the bitcoin space.  On the other hand, if we get some news regarding some major investor into the bitcoin space... then the Chinese news will NOT affect bitcoin prices so much. 

I doubt that BTC prices are going to completely detach from Chinese involvement, b/c the Chinese are going to remain in bitcoin.  They just may become a lesser factor over time.  Hopefully.. b/c they do seem to have a tendency to manipulate through their ambiguities Whether purposefully or NOT)
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