Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28583. (Read 26711902 times)

ear user :

Hello , we hold regret that I tell you that , by the central bank policy, bit era has been adopted from third-party payment will be suspended tonight , can not continue to use the 24 points tonight . Upon request, we will also revoke the transfer of bank card recharge methods .

Some time ago, circulated on the Internet on April 15 halted Bitcoin trading platform statement, the central bank has been the rumor . However, the central bank recently based on the contents of last December 5 five ministries notice for further consolidation, is to determine the existence of the fact that we have received the news this evening from banks and third-party payment .

We will strictly comply with the notification provisions of the central bank and to suspend recharge the renminbi, and the renminbi business to cash , virtual currency elution business, is still completely normal. Bit era has total assets of more than 100% of users reserve , the user need not worry about financial security issues .

To address this problem, we 've got some subsequent operations optimization program, the times will be normal operations , but in this sensitive moment , we are temporarily unable to reveal more .

Meanwhile, we hope that we realize from such events , the recent chaos in the industry has too many money- raising means endless variety of industry confusion ultimately hurt the industry itself , we call on everyone from the industry point of view of health , consciously resist chaos elephant .

However, no matter how the road , please give some of righteousness in this emerging industry , to encourage some of our emerging platforms , bit era service will always make you a comfortable , will continue to focus on the healthy development of the field of virtual currency .

Bit Era
April 2, 2014

Apparently BTC38 has suspended deposits no?

http://www.btc38.com/general/1237.html

http://www.reddit.com/r/Bitcoin/comments/220c86/china_ban_ft_article_beyond_the_paywall/

seems awfully well timed FUD well, I would love to see PBOC JUST FUCKING SAY SOMETHING ON THEIR OWN.

Take a lesson from physics. It takes a lot of work to reverse an uptrend, before something can start falling. There was a lot of force behind that bounce and I thought we would end up going all the way to 550. 4 hour MACD was way up. A sudden drop to new lows is not really feasible right now, especially with btc38 which wasn't that significant of an exchange. Now wait till 4 hour macd goes down and then you'll see your follow through.

Bitstamp hasnt even left it's daily range. Im not shakin in my moon boots cos of a $10 drop.

Explanation

Still wouldn't agree, what is significant about a 3% price change and what does it tell you about the market.

will see soon TERA.

it has no follow through..... the real players are obviously not convinced.

this has happened before, just two days ago. it's just FUD.

I guess this is just more "FUD", right?

This has no follow through..... these chinese shoot first and think after. This news already came out.

Indeed.

On a sidenote,  it has been always like that in bitcoinland.  The leading markets were the ones that are less transparent. Gox,  and 0 fee chinese exchanges.  Dont know why.   

http://www.btc38.com/btc/btc_exp/1232.html

When they are as much as the movement in the last 12 hours, yes.

So now $15 price movements are classed as significant?

Looks like stamp still just mindlessly follows Huobi. I can't see how this is possibly bullish.

there is some more 'news' about. check it out. nothing new. this will fail just like the last one.

maybe you should have gone short at 490.

bear traps will happen so we can keep the bearish sentiment

Huobi is an 0% fee exchange that is hiding the low buy interest with meaningless volume. 0 fee exchanges are making the general market overview less transparent. That is actually one of the important reasons on why the price isn't falling quicker. If Bitstamp would be the market leader with it's realistic and transparent volume, then the price would fall a lot quicker.

looks like its 2800 and below again