Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28636.

greenlion

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Quote from: GameStarter on March 31, 2014, 03:19:21 AM

"So far, two biggest exchanges Huobi and Okcoin claimed that they haven't received any notice or document yet. "

http://www.bitell.com/t/2063

Is it possible this means that China is about to start handing out actual licenses for the biggest players, like they do with practically every new industry eventually, and the exchanges that are getting notifications are the ones that haven't made the cut?

niothor

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in defi we trust

Looking through the last 10 pages and nobody has used the term "cheap coins" even once.
That's quite bearish:)

chessnut

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Quote from: windjc on March 31, 2014, 03:53:29 AM

Quote from: chessnut on March 31, 2014, 03:29:08 AM

There is no erratic panic selling. It's all been used up. this market showed us today how vulnerable the bears are, and we will see again before too long.

You should have sold in the 480s. Not that we won't see them again, but you are yelling into a tidal wave right now.

lots of people like to assume what I did/ didnt do.

unless you mean I should have shorted at 480...

because today has been a good day for me, even creekbore would know. I shorted at 468 last night as I promised in that scenario, woke up to good profit this morning. Now I am patiently waiting for the next bottom, if there be one.

I cant name numbers, but frankly the selling pressure is getting embarrassingly weak in the face of disaster.

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

windjc

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Quote from: chessnut on March 31, 2014, 03:29:08 AM

There is no erratic panic selling. It's all been used up. this market showed us today how vulnerable the bears are, and we will see again before too long.

You should have sold in the 480s. Not that we won't see them again, but you are yelling into a tidal wave right now.

Davyd05

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Quote from: windjc on March 31, 2014, 03:27:21 AM

Quote from: Davyd05 on March 31, 2014, 03:24:38 AM

Quote from: windjc on March 31, 2014, 03:22:52 AM

Quote from: GameStarter on March 31, 2014, 03:19:21 AM

"So far, two biggest exchanges Huobi and Okcoin claimed that they haven't received any notice or document yet. "

http://www.bitell.com/t/2063

What the hell is going on over there? Its like Mark Karpales is running all the major Chinese exchanges too. 3 exchanges say they have gotten notices and 3 say they haven't.

It sounds like a stall tactic to me. They MUST know by now what's up. I guess they are trying to work on contingencies or they are trying to figure out how best to spin this story.

Everyone is watch Houbi though, so that's the one we have to wait wait wait for confirmation from. And they are the least likely to give us a straight answer, imo.

smells like compliance issues, but I dunno not experiencing any of the news first hand quite sad Sad

What do you mean "compliance issues?"

do transactions this way...with in this channel etc etc or no transactions at all

Mythul

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Man my wire is taking too long.....hope I don't miss the bottom on this one again Cry

dreamspark

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Well I feel like the bottom is certainly close, sending another chunk of fiat to the exchanges as we speak. Bid sum has been increasing steadily and a mediocre buy can send us shooting upwards.

chessnut

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There is no erratic panic selling. It's all been used up. this market showed us today how vulnerable the bears are, and we will see again before too long.

Zule

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Thats not how Chinas gov does things. They wouldnt address directly to anyone, let along small pottatos like this. A vague announcement will follow soon.
I expect the banks to make the first move, since they are always sucking up to the gov.

windjc

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Activity: 2156

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Quote from: Davyd05 on March 31, 2014, 03:24:38 AM

Quote from: windjc on March 31, 2014, 03:22:52 AM

Quote from: GameStarter on March 31, 2014, 03:19:21 AM

"So far, two biggest exchanges Huobi and Okcoin claimed that they haven't received any notice or document yet. "

http://www.bitell.com/t/2063

What the hell is going on over there? Its like Mark Karpales is running all the major Chinese exchanges too. 3 exchanges say they have gotten notices and 3 say they haven't.

It sounds like a stall tactic to me. They MUST know by now what's up. I guess they are trying to work on contingencies or they are trying to figure out how best to spin this story.

Everyone is watch Houbi though, so that's the one we have to wait wait wait for confirmation from. And they are the least likely to give us a straight answer, imo.

smells like compliance issues, but I dunno not experiencing any of the news first hand quite sad Sad

What do you mean "compliance issues?"

DhaniBoy

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Activity: 280

Merit: 250

just sold to someone in localbitcoin at $480
BTC price declining again Huh

hope don't touch $400

Davyd05

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Merit: 500

Quote from: windjc on March 31, 2014, 03:22:52 AM

Quote from: GameStarter on March 31, 2014, 03:19:21 AM

"So far, two biggest exchanges Huobi and Okcoin claimed that they haven't received any notice or document yet. "

http://www.bitell.com/t/2063

What the hell is going on over there? Its like Mark Karpales is running all the major Chinese exchanges too. 3 exchanges say they have gotten notices and 3 say they haven't.

It sounds like a stall tactic to me. They MUST know by now what's up. I guess they are trying to work on contingencies or they are trying to figure out how best to spin this story.

Everyone is watch Houbi though, so that's the one we have to wait wait wait for confirmation from. And they are the least likely to give us a straight answer, imo.

smells like compliance issues, but I dunno not experiencing any of the news first hand quite sad Sad

windjc

legendary

Activity: 2156

Merit: 1070

Quote from: GameStarter on March 31, 2014, 03:19:21 AM

"So far, two biggest exchanges Huobi and Okcoin claimed that they haven't received any notice or document yet. "

http://www.bitell.com/t/2063

What the hell is going on over there? Its like Mark Karpales is running all the major Chinese exchanges too. 3 exchanges say they have gotten notices and 3 say they haven't.

It sounds like a stall tactic to me. They MUST know by now what's up. I guess they are trying to work on contingencies or they are trying to figure out how best to spin this story.

Everyone is watch Houbi though, so that's the one we have to wait wait wait for confirmation from. And they are the least likely to give us a straight answer, imo.

GameStarter

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"So far, two biggest exchanges Huobi and Okcoin claimed that they haven't received any notice or document yet. "

http://www.bitell.com/t/2063

bangersdad

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Quote from: virtualfaqs on March 31, 2014, 02:52:26 AM

I panic sold. That bter news put me over the edge. If I'm wrong I'll buy back in at $520. But I have some even riskier investments in some altcoins so no worries on my end. I'm hedged either way for excitement. Wink

windjc

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Quote from: magicmexican on March 31, 2014, 02:45:49 AM

Quote from: windjc on March 31, 2014, 02:26:41 AM

Quote from: T.Stuart on March 31, 2014, 02:15:23 AM

Quote from: zby on March 31, 2014, 02:00:42 AM

For negative stuff isn't it sell on rumours buy on news?

It's amazing how people forget this. Remeber pre-Gox, when it was all about China? By the time the deadline came we were stable / inching up and if it hadn't been for Gox we would have continued that way I reckon.

Maybe there is another way, but to me it looks like there is going to be an epic showdown between $380-$420. The bid sums are already lined up, with plenty more waiting in the wings. But China is going to attempt to take us down to $200s

We need real capitulation and I think we are going to have a chance at it when these two forces meet.

Maybe, thats kinda what most people expect, but i dont know, i have a feeling that this whole crash is kinda full of shit, cant really put my finger on it

I know what you mean, but while people here on this forum and over on tradeview seem to agree about whats going to happen, the rest of the world may make it come true.

Also, there are always new coins being mined and sold, so without some buying pressure, the market goes down, as bitcoin is currently inflationary.

Also, a lot of smart traders don't want to buy now when they can buy for $400. So we will probably continue to melt down towards that # unless something comes along to suddenly change the market. We put up a fight at $470. We are putting up a fight at $440. But I think the real fight begins about $410.

T.Stuart

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One Token to Move Anything Anywhere

Bter suspends Yuan deposits citing official notification. http://www.cryptocoinsnews.com/2014/03/31/bter-suspended-chinese-yuan-deposits-citing-notification-new-official-regulations/

Price inches up.

Sell the rumour; buy the news. Love it!

This is getting priced in guys.

EDIT whoops - looking at a few posts I see this is old news already. Wink

KFR

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Per ardua ad luna

Just a reminder that fiat exchanges are not free of their own manipulations: http://www.bbc.co.uk/news/business-26816057

magicmexican

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Merit: 1000

Whats suspicious to me is that huobi dump happened always the same time as the bter news were released, which is very unusual.

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