Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28277.

Cassius

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Quote from: p0peji on April 11, 2014, 04:41:34 AM

Who else is going to short after the upcoming bulltrap?

Back down to... $360? $350?

p0peji

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Who else is going to short after the upcoming bulltrap?

gizmoh

legendary

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Okcoin bank account closure announcement today. Chinese give a fuck now, no more panic sell. We are primed for a massive pump IMO..

https://www.okcoin.com/t-1008310.html

Cassius

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Quote from: TERA on April 11, 2014, 04:32:02 AM

Quote from: Cassius on April 11, 2014, 04:25:52 AM

Quote from: ShroomsKit on April 11, 2014, 04:19:58 AM

So the reason we went down 100's was fear of a potential China ban. Today we learn that China won't ban Bitcoin. What does everybody do? They sell.
Well done traders and sheep. Well done for being complete idiots.

What am I missing about the unbanning of a ban that never happened in the first place?

Correct. This isn't really news and doesn't create any change. Bitcoin, in fact, was never banned in China. However, banks and third party payment processors WERE banned from dealing with bitcoin exchanges, and this has not changed. The bank accounts are still being shut down for violating this rule. What the news is saying is that, again, people are free to trade bitcoins and own bitcoins in China if they can find the means to do so.

Right. And yet people are putting the bounce back to $400 down to the 'China has unbanned bitcoin!! Woo!!!' effect...
-> no change.
Just thought I must be missing something, but sadly not.

ShroomsKit

hero member

Activity: 672

Merit: 500

Quote from: dreamspark on April 11, 2014, 04:27:30 AM

Quote from: ShroomsKit on April 11, 2014, 04:19:58 AM

So the reason we went down 100's was fear of a potential China ban. Today we learn that China won't ban Bitcoin. What does everybody do? They sell.
Well done traders and sheep. Well done for being complete idiots.

Everybody has known it wasn't a ban for months, what we are fearing is a complete shut down of Chinese exchanges and thus Chinese coins being dumped on the west.

Just like gox I want them to just shut up and shut down now. When everyone realises how fake the trading data is and how many coins the Chinese actualyl have it may be time to start to think about a real Choo Choo.

Exactly. This shit will go on and on and on.

TERA

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Activity: 728

Merit: 500

Quote from: Cassius on April 11, 2014, 04:25:52 AM

Quote from: ShroomsKit on April 11, 2014, 04:19:58 AM

So the reason we went down 100's was fear of a potential China ban. Today we learn that China won't ban Bitcoin. What does everybody do? They sell.
Well done traders and sheep. Well done for being complete idiots.

What am I missing about the unbanning of a ban that never happened in the first place?

Correct. This isn't really news and doesn't create any change. Bitcoin, in fact, was never banned in China. However, banks and third party payment processors WERE banned from dealing with bitcoin exchanges, and this has not changed. Actually "ban" was never a word that the PBOC used. The bank accounts are still being shut down for violating this rule. What the news is saying is that, again, people are free to trade bitcoins and own bitcoins in China if they can find the means to do so.

JayJuanGee

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Activity: 3934

Merit: 11405

Self-Custody is a right. Say no to"Non-custodial"

Quote from: Bagatell on April 11, 2014, 04:23:25 AM

Quote from: ShroomsKit on April 11, 2014, 04:19:58 AM

So the reason we went down 100's was fear of a potential China ban. Today we learn that China won't ban Bitcoin. What does everybody do? They sell.
Well done traders and sheep. Well done for being complete idiots.

Do you shout at clouds too?

he either barks or tweets at them.. b/c he is a dog bird

dreamspark

hero member

Activity: 798

Merit: 1000

Quote from: ShroomsKit on April 11, 2014, 04:19:58 AM

So the reason we went down 100's was fear of a potential China ban. Today we learn that China won't ban Bitcoin. What does everybody do? They sell.
Well done traders and sheep. Well done for being complete idiots.

Everybody has known it wasn't a ban for months, what we are fearing is a complete shut down of Chinese exchanges and thus Chinese coins being dumped on the west.

Just like gox I want them to just shut up and shut down now. When everyone realises how fake the trading data is and how many coins the Chinese actualyl have it may be time to start to think about a real Choo Choo.

Cassius

legendary

Activity: 1764

Merit: 1031

Quote from: ShroomsKit on April 11, 2014, 04:19:58 AM

So the reason we went down 100's was fear of a potential China ban. Today we learn that China won't ban Bitcoin. What does everybody do? They sell.
Well done traders and sheep. Well done for being complete idiots.

What am I missing about the unbanning of a ban that never happened in the first place?

JayJuanGee

legendary

Activity: 3934

Merit: 11405

Self-Custody is a right. Say no to"Non-custodial"

Quote from: podyx on April 11, 2014, 03:58:45 AM

Quote from: JayJuanGee on April 11, 2014, 03:54:58 AM

Quote from: runam0k on April 11, 2014, 03:39:19 AM

Quote from: octaft on April 11, 2014, 03:18:37 AM

There are plenty of people who pull the same nonsense. If you keep calling the bottom/top all the way down/up, you're eventually going to be right, and then you can brag about it while editing posts in which you were wrong.

Easy to call him out by pointing to his original posts on the mirror site.

We should NOT be able to edit or delete our posts after a certain period of time. That is just screwed up.

just so that some dickriders can brag about how good they are speculating?

lol, cmon man

The reason is b/c People should post whatever they are going to post and then it is permanent... part of the public thread.

sure it can be used to prove what you said or did not say... but so what. We should all be careful about what we say anyhow in public threads.. to attempt to get our posts accurate.. etc etc.. .

Bagatell

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Activity: 722

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Quote from: ShroomsKit on April 11, 2014, 04:19:58 AM

So the reason we went down 100's was fear of a potential China ban. Today we learn that China won't ban Bitcoin. What does everybody do? They sell.
Well done traders and sheep. Well done for being complete idiots.

Do you shout at clouds too?

TERA

hero member

Activity: 728

Merit: 500

When someone has to tell grandma where her 40K went...

ShroomsKit

hero member

Activity: 672

Merit: 500

So the reason we went down 100's was fear of a potential China ban. Today we learn that China won't ban Bitcoin. What does everybody do? They sell.
Well done traders and sheep. Well done for being complete idiots.

TERA

hero member

Activity: 728

Merit: 500

Was that a "Chinese art of war pump"?

magicmexican

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Activity: 812

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I would be surprised if huobi wont retest 2400 today

TERA

hero member

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Quote from: spooderman on April 11, 2014, 04:09:32 AM

Quote from: TERA on April 11, 2014, 04:07:54 AM

Quote from: mah87 on April 11, 2014, 04:06:17 AM

Quote from: spooderman on April 11, 2014, 04:04:03 AM

so much for double/triple bottoms.

I thought they were a real thing.

Anyone care to post a picture of an example of one ocuring?

Technical analysis is shit

No it's the people who don't know how to use it who make it seem like that.

What is TA saying now? I kind really wanna go full btc again.

I'm not giving you a projection. All I'm saying is that most people here who say "double top" or "double bottom" are wrong about identifying such a thing.

mah87

donator

Activity: 756

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-Bitcoin & Ripple-

Quote from: TERA on April 11, 2014, 04:07:54 AM

Quote from: mah87 on April 11, 2014, 04:06:17 AM

Quote from: spooderman on April 11, 2014, 04:04:03 AM

so much for double/triple bottoms.

I thought they were a real thing.

Anyone care to post a picture of an example of one ocuring?

Technical analysis is shit

No it's the people who don't know how to use it who make it seem like that.

TA people keep saying "double bottom double bottom" , since 800 I'm saying it's gonna go under 400 or under 300 and people think I'm trolling, they quickly forget what disturb them..

spooderman

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