Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28338.

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

Quote from: molecular on April 10, 2014, 01:28:56 AM

Quote from: billyjoeallen on April 10, 2014, 01:21:21 AM

Quote from: seleme on April 10, 2014, 12:53:17 AM

Quote from: billyjoeallen on April 10, 2014, 12:50:49 AM

I BEGGED you assholes to dump on the dead cat bounce and buy back when $400 was retested. You could have increased your BTC holdings without spending an extra dime.

Says the asshole who was insulting other people's mums when everybody with half brain could saw it's going below 600$.

Fuck off you moron, don't play the smart arse game here..

I'm gonna fuck off with the thousands of dollars I saved today by going full fiat. Jesus, you're still sore about that? Let it go, Man. I gave you credit for your good call, now give me credit for mine. Or give me your mom's number (I think I lost it).

I'm not really 100% sure, but personal empirical evidence suggests that starting out a conversation with "you assholes" usually doesn't lead to fruitful outcomes in the short, medium or long term.

EDIT: so yeah, fuck off, billyjoeallen.

Ouch. How much have you lost so far?

solex

legendary

Activity: 1078

Merit: 1006

100 satoshis -> ISO code

Quote from: TeeBone on April 10, 2014, 01:35:39 AM

the TREND IS YOUR FRIEND, never forget. Wink

The trend is your friend until the bend in the end!

Still surprised that the Chinese TBTF banks are closing bitcoin associated accounts, but the advantage is that it will draw a line under the China FUD when complete. Also explains why Huobi was making noises about wanting to expand offshore. Now they will probably want to fully relocate offshore. The big question now is whether Hong Kong is insulated from PBOCs anti-Bitcoin directives.

mooncake

sr. member

Activity: 434

Merit: 250

Quote from: JCviggen on April 10, 2014, 01:30:11 AM

Of course they will all dry up eventually - it would be entirely pointless of China to only tell a handful of banks to stop dealing with bitcoin sites leaving plenty of other banks available. They would either go after none of them, or all of them. Anything else is pointless.

I have seen enough in the BTC world that nothing is absolute.

spiderbrain

legendary

Activity: 889

Merit: 1013

Quote from: chromosoma on April 10, 2014, 01:37:57 AM

I think other banks in china dont know what to do, because they also can't translate it precise enough with google translate:))))

=D

jonoiv

hero member

Activity: 966

Merit: 526

🐺Dogs for President🐺

Quote from: KeyserSoze on April 10, 2014, 01:36:51 AM

Quote from: jonoiv on April 10, 2014, 12:55:23 AM

Quote from: KeyserSoze on April 10, 2014, 12:51:38 AM

He ain't the CEO for nothing. What a silly question!

and how does the CEO stop this sell off?

If I knew that I'd be the CEO of Bitcoin. Rest assured he has given me his personal guarantee.

Cool!

His name will be mud pretty soon though, because I can't see $375 holding.

jonoiv

hero member

Activity: 966

Merit: 526

🐺Dogs for President🐺

Quote from: JorgeStolfi on April 10, 2014, 01:35:21 AM

Quote from: virtualfaqs on April 10, 2014, 01:20:56 AM

Thanks. Now anyone have a better translation? haha

This may help:
Fire coin = Huobi (Google Translate may insert other words between those two)
Fire currency = ditto
"user ICBC account withdrawals" = perhaps "withdrawals by users with an ICBC account"

I understand that their ICBC branch received at 10:00 an order from upper management to close Huobi's corporate account by April 18. There is no room for negotiation. ICBC does not know about other banks, they may be delaying because of different interpretations etc. Until the deadline Huobi can move money to other banks but not to other ICBC accounts.

the ICBC is the Industrial and Commercial Bank of China. (state-owned ) in case anyone wondered.

chromosoma

sr. member

Activity: 434

Merit: 250

I think other banks in china dont know what to do, because they also can't translate it precise enough with google translate:))))

mah87

donator

Activity: 756

Merit: 500

-Bitcoin & Ripple-

OK SO EVERYONE REMEMBER WHEN I SAID IT WAS GOING UNDER 400 ? HERE WE GO SLOWLY BUT SURELY

KeyserSoze

hero member

Activity: 560

Merit: 500

Quote from: jonoiv on April 10, 2014, 12:55:23 AM

Quote from: KeyserSoze on April 10, 2014, 12:51:38 AM

He ain't the CEO for nothing. What a silly question!

and how does the CEO stop this sell off?

If I knew that I'd be the CEO of Bitcoin. Rest assured he has given me his personal guarantee.

TeeBone

sr. member

Activity: 502

Merit: 251

Quote from: mooncake on April 10, 2014, 01:25:03 AM

Quote from: virtualfaqs on April 10, 2014, 01:20:56 AM

Thanks. Now anyone have a better translation? haha

One of the banks told Huobi it is going to close their accounts in 1 week's time. Huobi acknowledged and it still has a few more banks working with it.

The question is what will happen in the next few days? Will it stop at 1 bank or will there be more to come?

I dont why anyone would expect anything except more closures. This should play out into next week, at least. This isnt a one-night event.

the TREND IS YOUR FRIEND, never forget. Wink

JorgeStolfi

hero member

Activity: 910

Merit: 1003

Quote from: virtualfaqs on April 10, 2014, 01:20:56 AM

Thanks. Now anyone have a better translation? haha

This may help:
Fire coin = Huobi (Google Translate may insert other words between those two)
Fire currency = ditto
"user ICBC account withdrawals" = perhaps "withdrawals by users with an ICBC account"

I understand that their ICBC branch received at 10:00 an order from upper management to close Huobi's corporate account by April 18. There is no room for negotiation. ICBC does not know about other banks, they may be delaying because of different interpretations etc. Until the deadline Huobi can move money to other banks but not to other ICBC accounts.

Wary

hero member

Activity: 798

Merit: 1000

Who's there?

The number of personal insults in speculation subforums is at ATH. Is it bearish of bullish?

mooncake

sr. member

Activity: 434

Merit: 250

Quote from: JCviggen on April 10, 2014, 01:30:11 AM

Of course they will all dry up eventually - it would be entirely pointless of China to only tell a handful of banks to stop dealing with bitcoin sites leaving plenty of other banks available. They would either go after none of them, or all of them. Anything else is pointless.

If so, we should expect more sell off.

Get some cheap BTC now, then sell them when Huobi announce similar news in the next few days.

jonoiv

hero member

Activity: 966

Merit: 526

🐺Dogs for President🐺

Quote from: JCviggen on April 10, 2014, 01:30:11 AM

Quote from: mooncake on April 10, 2014, 01:25:03 AM

One of the banks told Huobi it is going to close their accounts in 1 week's time. Huobi acknowledged and it still has a few more banks working with it.

The question is what will happen in the next few days? Will it stop at 1 bank or will there be more to come?

Of course they will all dry up eventually - it would be entirely pointless of China to only tell a handful of banks to stop dealing with bitcoin sites leaving plenty of other banks available. They would either go after none of them, or all of them. Anything else is pointless.

Don't forget the National Australian Bank will close all bitcoin related accounts in May.

JCviggen

hero member

Activity: 1260

Merit: 505

Age Of Mars | GameFI Virtual colonization of Mars

Quote from: mooncake on April 10, 2014, 01:25:03 AM

One of the banks told Huobi it is going to close their accounts in 1 week's time. Huobi acknowledged and it still has a few more banks working with it.

The question is what will happen in the next few days? Will it stop at 1 bank or will there be more to come?

Of course they will all dry up eventually - it would be entirely pointless of China to only tell a handful of banks to stop dealing with bitcoin sites leaving plenty of other banks available. They would either go after none of them, or all of them. Anything else is pointless.

chromosoma

sr. member

Activity: 434

Merit: 250

Mayday! Mayday!

molecular

donator

Activity: 2772

Merit: 1019

Quote from: billyjoeallen on April 10, 2014, 01:21:21 AM

Quote from: seleme on April 10, 2014, 12:53:17 AM

Quote from: billyjoeallen on April 10, 2014, 12:50:49 AM

I BEGGED you assholes to dump on the dead cat bounce and buy back when $400 was retested. You could have increased your BTC holdings without spending an extra dime.

Says the asshole who was insulting other people's mums when everybody with half brain could saw it's going below 600$.

Fuck off you moron, don't play the smart arse game here..

I'm gonna fuck off with the thousands of dollars I saved today by going full fiat. Jesus, you're still sore about that? Let it go, Man. I gave you credit for your good call, now give me credit for mine. Or give me your mom's number (I think I lost it).

I'm not really 100% sure, but personal empirical evidence suggests that starting out a conversation with "you assholes" usually doesn't lead to fruitful outcomes in the short, medium or long term.

EDIT: so yeah, fuck off, billyjoeallen.

jonoiv

hero member

Activity: 966

Merit: 526

🐺Dogs for President🐺

Quote from: mooncake on April 10, 2014, 01:19:05 AM

At 12:0033 PM China time, the Huobi news was announced. It is now 2:18 PM. As you can see, the price has stabilised. Now is the time to buy in.

raindex

newbie

Activity: 32

Merit: 0

Quote from: virtualfaqs on April 10, 2014, 01:15:47 AM

Could someone translate and type out in English here what it says on Huobi?
http://www.huobi.com/news/index.php?a=show_notice&id=303
Google translate not working for me.

https://bitcointalksearch.org/topic/largest-chinese-exchange-ordered-bank-shut-down-by-apr-18-564120

mooncake

sr. member

Activity: 434

Merit: 250

Quote from: virtualfaqs on April 10, 2014, 01:20:56 AM

Thanks. Now anyone have a better translation? haha

One of the banks told Huobi it is going to close their accounts in 1 week's time. Huobi acknowledged and it still has a few more banks working with it.

The question is what will happen in the next few days? Will it stop at 1 bank or will there be more to come?

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28338. (Read 26610008 times)