Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28675.

Davyd05

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Activity: 574

Merit: 500

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

sr. member

Activity: 644

Merit: 250

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

dreamspark

hero member

Activity: 798

Merit: 1000

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

legendary

Activity: 924

Merit: 1001

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

member

Activity: 84

Merit: 10

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

legendary

Activity: 2156

Merit: 1070

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

sr. member

Activity: 280

Merit: 250

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

hope don't touch $400

Davyd05

hero member

Activity: 574

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

full member

Activity: 214

Merit: 100

"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

full member

Activity: 227

Merit: 100

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

legendary

Activity: 2156

Merit: 1070

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

hero member

Activity: 644

Merit: 500

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

hero member

Activity: 560

Merit: 500

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

hero member

Activity: 812

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.

virtualfaqs

hero member

Activity: 700

Merit: 500

Quote from: ChrisML on March 31, 2014, 02:50:31 AM

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 just kinda know 90% sure it's full of shit. HODL.

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

ChrisML

sr. member

Activity: 308

Merit: 250

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 just kinda know 90% sure it's full of shit. HODL.

Xell

member

Activity: 109

Merit: 10

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

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

I think this is true for positive stuff too la!

magicmexican

hero member

Activity: 812

Merit: 1000

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

windjc

legendary

Activity: 2156

Merit: 1070

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.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28675. (Read 26720576 times)