This?
DuoBTCle-BTCottom confirmed!
or this?
That is the question
DuoBTCle-BTCottom confirmed!
or this?
That is the question
Yeah, guess you might be on to something... this could turn into a:
trpile bottom =P
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28622. (Read 26713425 times)
March 31, 2014, 08:35:19 PM
Yeah, guess you might be on to something... this could turn into a:
trpile bottom =P
March 31, 2014, 08:33:48 PM
By the way, I found this in a Chinese CERT meeting report:
Quote
我国政府网站频繁遭受黑客组织攻击，其中“匿名者”等黑客组织至少入侵我国境内超过600个网站。继央行明确不认可比特币后，央行官方网站和新浪(60.41, 1.46, 2.48%)官方微博遭受黑客攻击。
Google Translate: "Our government website frequently suffered hacker attacks organization , which " Anonymous " hacker group , such as the invasion of our country at least more than 600 sites. Following the central bank clearly does not endorse Bitcoin, the central bank official website and Sina ( 60.41 , 1.46 , 2.48% ) official micro-blog being hacked ."
EDIT: the URL is http://tech.sina.com.cn/other/2014-03-31/18499286829.shtml Google Translate: "Our government website frequently suffered hacker attacks organization , which " Anonymous " hacker group , such as the invasion of our country at least more than 600 sites. Following the central bank clearly does not endorse Bitcoin, the central bank official website and Sina ( 60.41 , 1.46 , 2.48% ) official micro-blog being hacked ."
March 31, 2014, 08:31:57 PM
Apparently the Caixin report has not been confirmed or denied yet with respect to bank accounts.
On one hand, AFAIK there have been so far no reports of blocking of CNY deposits via the exchanges' bank accounts. So it is still possible that the Caixin report was wrong on this point.
On the other hand, Bter was told by a payment processor that it was suspending payments by order higher orders. So the Caixin report was at least partly true.
From the price changes, it seems that the market was a little more pessimistic today (Monday), but the uncertainty pretty much remains the same as yesterday's.
Again, if the bank blockade rumor is denied tomorrow, is seems likely that the price will rebound to near Wednesday's levels. (There may be even a temporary spike to higher levels, if the Chinese rush to buy back before the arbitrage traders can move back to China all the coins that they took out.)
If the blockade is confirmed, the price can only drop: a little or a lot, I would not dare to guess.
On one hand, AFAIK there have been so far no reports of blocking of CNY deposits via the exchanges' bank accounts. So it is still possible that the Caixin report was wrong on this point.
On the other hand, Bter was told by a payment processor that it was suspending payments by order higher orders. So the Caixin report was at least partly true.
From the price changes, it seems that the market was a little more pessimistic today (Monday), but the uncertainty pretty much remains the same as yesterday's.
Again, if the bank blockade rumor is denied tomorrow, is seems likely that the price will rebound to near Wednesday's levels. (There may be even a temporary spike to higher levels, if the Chinese rush to buy back before the arbitrage traders can move back to China all the coins that they took out.)
If the blockade is confirmed, the price can only drop: a little or a lot, I would not dare to guess.
March 31, 2014, 08:23:25 PM
The next 12 hours hours are going to be good. The China BS has already left it's mark. Square is integrating bitcoin. April 1st is creeping across the globe. I'm feeling optimistic.
BTC is just playing an April Fool's joke on us by going down in prices...lol
March 31, 2014, 08:17:24 PM
will YOU be long when Bitcoin rallies??
March 31, 2014, 08:00:45 PM
March 31, 2014, 07:40:28 PM
The next 12 hours hours are going to be good. The China BS has already left it's mark. Square is integrating bitcoin. April 1st is creeping across the globe. I'm feeling optimistic.
March 31, 2014, 07:26:54 PM
What I am finding is confirmation bias from both sides. Ignore that which doesn't suit your agenda, and select that which does.
so whose side are you on?
and also you need facts to judge confirmation bias.
why dont you count up the number of bears on this site, vs number of bulls over the last 3 days.
also try collect some number targets. you will find that bears targets are 380. cluster targets are never hit.
also try reading Ristos thread. that is where noobs take out their anger. that is where you may analyse validity of arguments.
I'm on my own side, and my side has no fucking clue what's going to happen next, although I suspect some sort of at least temporary rise needs to happen after all this plummeting. The only bears really spouting off to a great degree are the same guys who seem to be pretty much always bearish. Same thing goes for the other side (super bulls being bullish), which I guess is more bearish than before we started dropping, since when we were on the initial rise to >1,000, almost everyone who is not a super-bear was heavily bullish, whereas now some of the newer bulls are sitting on the sidelines in terms of posting.
The sentiment is definitely bearish compared to when we were skyrocketing to 1000, but if you rate extreme bullishness as 100, and extreme bearishness as 0, during the huge rise we were somewhere around 98, and now we're more at 30-40. <5 is when guys who shout HODL at the top of their lungs at times like this come on and say something like "wow, I can't take this anymore, this is going to shit. I'm cutting my losses and selling to rebuy lower."
March 31, 2014, 07:26:41 PM
Why would I give a shit about some foreign debt collection agency or US citizens complain about bypassing sales taxes?
Stop quoting Mah87. He's been full ripple since he missed the bitcoin boat...
ripple is in the same boat as bitcoin when it comes to the IRS, lets all switch to USD.
I'd rather invest in USA's pennies, considering they cost about 1/3 more than they're worth to actually make...unfortunately, the value of a penny can't increase, unlike say, a bitcoin...
Then: much loss, so claim
good call
Lol, I actually throw pennies away, they are such a waste of space. If I would have saved all the pennies in my life that I have thrown away...I would probably have enough money to buy.... a beer. lol
And if I had never drank any beer I'd be retired by now.
March 31, 2014, 07:25:34 PM
Dont forget the significance of BTCe here..... they just opened up to the chinese.
btc-e did not open to the chinese. it opened offshore rmb trading. that's funny money you can't spend on pretty much anything but dimsum bonds issued in hongkong. i could see a lot of CNH flowing into bitcoin, given how useless it is to non-smugglers (given current dimsum interest rates especially).
March 31, 2014, 07:25:19 PM
You must be bullish on Ripple because it's so different thing and if IRS line is bad for BTC it would be sooo diferrent for XRP. Lol, you are one hell of the joker
BTW, I have 20 btc invested in XRP and I'm currently 30% down on it. Guess what, it's doing exactly same thing as Bitcoin, and guess why? Because it is in same group of "stocks" with Bitcoin and same group of stocks almost always follow the leader. So better pray Bitcoin to go up again
First of all how this change anything to what I said about bitcoin and IRS ?
IRS statement concern xrp too but Ripple Network can work with this, bitcoin can't.
Ripple network can work with this?
First of all, you don't give a shit about Ripple network except hoping that it being a good thing, and it is (though if it will become obsolete if they don't make something with it soon as more 2nd gen. currencies are coming out while Ripple completely stagnated in anything except hiring new stuff in last few months while Bitcoin is rallying in service adoption and actually becoming a victim of it's own success pricewise), will rise the value of XRPs you bought.
And if Bitcoin can't work with this, than nobody does. If people don't want to buy Bitcoin because they'll have to pay taxes on it, why the hell would anyone else even think to buy Ripple with it's lousy liquidity and profit options.
So stop bullshitting and making yourself an idiot daily, and pray Bitcoin to do good as it's obvious XRP is exactly tied to Bitcoin state and can't do shit on it's own.
you need 50xrp to use the ripple network, nothing more. You won't ever have to use XRP anymore after that. That's the strength of Ripple.
You don't give a shit about using Ripple nor 99% of people invested in it do. All you care is XRP rising so you can bank on investment you made in it.
Ripple is good idea but they need to make something from it soon or it will become obsolete. But right now it's nothing but alt that follows each Bitcoin's move.
March 31, 2014, 07:18:25 PM
You must be bullish on Ripple because it's so different thing and if IRS line is bad for BTC it would be sooo diferrent for XRP. Lol, you are one hell of the joker
BTW, I have 20 btc invested in XRP and I'm currently 30% down on it. Guess what, it's doing exactly same thing as Bitcoin, and guess why? Because it is in same group of "stocks" with Bitcoin and same group of stocks almost always follow the leader. So better pray Bitcoin to go up again
First of all how this change anything to what I said about bitcoin and IRS ?
IRS statement concern xrp too but Ripple Network can work with this, bitcoin can't.
Ripple network can work with this?
First of all, you don't give a shit about Ripple network except hoping that it being a good thing, and it is (though if it will become obsolete if they don't make something with it soon as more 2nd gen. currencies are coming out while Ripple completely stagnated in anything except hiring new stuff in last few months while Bitcoin is rallying in service adoption and actually becoming a victim of it's own success pricewise), will rise the value of XRPs you bought.
And if Bitcoin can't work with this, than nobody does. If people don't want to buy Bitcoin because they'll have to pay taxes on it, why the hell would anyone else even think to buy Ripple with it's lousy liquidity and profit options.
So stop bullshitting and making yourself an idiot daily, and pray Bitcoin to do good as it's obvious XRP is exactly tied to Bitcoin state and can't do shit on it's own.
you need 50xrp to use the ripple network, nothing more. You won't ever have to use XRP anymore after that. That's the strength of Ripple.
March 31, 2014, 07:10:21 PM
Dont forget the significance of BTCe here..... they just opened up to the chinese.
March 31, 2014, 07:10:01 PM
I guess it's a whale from last night on BTC.e. Someone decided to accumulate some coins at this level.
March 31, 2014, 07:06:47 PM
You must be bullish on Ripple because it's so different thing and if IRS line is bad for BTC it would be sooo diferrent for XRP. Lol, you are one hell of the joker
BTW, I have 20 btc invested in XRP and I'm currently 30% down on it. Guess what, it's doing exactly same thing as Bitcoin, and guess why? Because it is in same group of "stocks" with Bitcoin and same group of stocks almost always follow the leader. So better pray Bitcoin to go up again
First of all how this change anything to what I said about bitcoin and IRS ?
IRS statement concern xrp too but Ripple Network can work with this, bitcoin can't.
Ripple network can work with this?
First of all, you don't give a shit about Ripple network except hoping that it being a good thing, and it is (though if it will become obsolete if they don't make something with it soon as more 2nd gen. currencies are coming out while Ripple completely stagnated in anything except hiring new stuff in last few months while Bitcoin is rallying in service adoption and actually becoming a victim of it's own success pricewise), will rise the value of XRPs you bought.
And if Bitcoin can't work with this, than nobody does. If people don't want to buy Bitcoin because they'll have to pay taxes on it, why the hell would anyone else even think to buy Ripple with it's lousy liquidity and profit options.
So stop bullshitting and making yourself an idiot daily, and pray Bitcoin to do good as it's obvious XRP is exactly tied to Bitcoin state and can't do shit on it's own.
Ps. of course it has what you said. Because you're bullshitting here for weeks about Bitcoin while propping up XRP and the fact is - your XRP can't piss on it's own without Bitcoin and it's following it like little dog.
March 31, 2014, 07:06:21 PM
Why would I give a shit about some foreign debt collection agency or US citizens complain about bypassing sales taxes?
Stop quoting Mah87. He's been full ripple since he missed the bitcoin boat...
ripple is in the same boat as bitcoin when it comes to the IRS, lets all switch to USD.
I'd rather invest in USA's pennies, considering they cost about 1/3 more than they're worth to actually make...unfortunately, the value of a penny can't increase, unlike say, a bitcoin...
Then: much loss, so claim
Lol, I actually throw pennies away, they are such a waste of space. If I would have saved all the pennies in my life that I have thrown away...I would probably have enough money to buy.... a beer. lol
March 31, 2014, 07:06:14 PM
its not a dump
March 31, 2014, 07:04:35 PM
March 31, 2014, 07:03:32 PM
btc-e being pumped
March 31, 2014, 07:02:14 PM
Why would I give a shit about some foreign debt collection agency or US citizens complain about bypassing sales taxes?
Stop quoting Mah87. He's been full ripple since he missed the bitcoin boat...
ripple is in the same boat as bitcoin when it comes to the IRS, lets all switch to USD.
I'd rather invest in USA's pennies, considering they cost about 1/3 more than they're worth to actually make...unfortunately, the value of a penny can't increase, unlike say, a bitcoin...
Then: much loss, so claim
Lol, I actually throw pennies away, they are such a waste of space. If I would have saved all the pennies in my life that I have thrown away...I would probably have enough money to buy.... a beer. lol
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