Topic: Wall Observer BTC/USD - Bitcoin price movement tracking &amp; discussion - page 28677. (Read 26709919 times)

Quote from: billyjoeallen on March 28, 2014, 08:03:54 PM

...
Is the news bogus? There is certainly reason to believe it may not be.

Some reason more significant than repeats of a single article that contained no proof or references?

I did see a link to CCTV posted on TradingView... did not click, figured it was in Chinese anyway... but many people were saying the [practical] ban was being discussed on CCTV.

Maybe I just got trolled.

I´m pretty sure that the ban is real. I just don´t know if and how much further we drop when it is official.

They banned another online payment service a few weeks ago, as far as i know.
No big deal for them to close their bank accounts.It´s similar to the Gox diaster, everybody knew about it but denied it until the last second.
People even sent money to Gox in the last days, when it was more than obvious what was happenin.
The chinese traders will probably trade until the last second and further, when it´s too late to get money out.

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Quote from: windjc on March 28, 2014, 08:01:52 PM

Quote from: MAbtc on March 28, 2014, 08:04:18 PM

...
Is the news bogus? There is certainly reason to believe it may not be.

Some reason more significant than repeats of a single article that contained no proof or references?

It wasn't a single article and it was also reported by one of the most respected news sources in China.

More respected than Newsweek? Please.

Tv in China is watch by hundreds of millions of people and articles are read by hundreds of millions of people as well

There is 1B of people in America and 4 in Asia...The center of the world is already Asia and it will be even more Asia as time pass by in the 21th century

JorgeStolfi

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I did see a link to CCTV posted on TradingView...

I found that link too and posted it earlier here:

Quote from: JorgeStolfi on March 28, 2014, 11:01:17 AM

The "rumor" did apparently make it to CCTV, the main state TV media in China:
http://jingji.cntv.cn/2014/03/28/ARTI1395963853109425.shtml
However I can't quite tell through Google Translate how much weight they give to the report.

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Quote from: windjc on March 28, 2014, 08:01:52 PM

...
Is the news bogus? There is certainly reason to believe it may not be.

Some reason more significant than repeats of a single article that contained no proof or references?

I did see a link to CCTV posted on TradingView... did not click, figured it was in Chinese anyway... but many people were saying the [practical] ban was being discussed on CCTV.

Maybe I just got trolled.

billyjoeallen

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Hide your women

...
Is the news bogus? There is certainly reason to believe it may not be.

Some reason more significant than repeats of a single article that contained no proof or references?

It wasn't a single article and it was also reported by one of the most respected news sources in China.

More respected than Newsweek? Please.

billyjoeallen

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Hide your women

Quote from: billyjoeallen on March 28, 2014, 07:50:20 PM

Quote from: chessnut on March 28, 2014, 07:43:23 PM

Quote from: sonofliberty on March 28, 2014, 07:42:29 PM

Hoping to see 400 now. Come on weekend dip.

No.

.....hoping is not good enough. why will it dip?

Because last weekend there was a dip due to a bogus story of a bitcoin ban in China. This week, there is another bogus story of a bitcoin ban in China. Some people are thinking the market is that stupid. They may be right, but although successful, this strategy may be starting to show diminishing returns.

Is the news bogus? There is certainly reason to believe it may not be.

The rumor cause a > 20% crash and yet three days later not a single confirmation from the PBoC or any of the half dozen exchanges. How do you prove a negative? The story is a Dorian.

windjc

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Quote from: billyjoeallen on March 28, 2014, 07:50:20 PM

...
Is the news bogus? There is certainly reason to believe it may not be.

Some reason more significant than repeats of a single article that contained no proof or references?

It wasn't a single article and it was also reported by one of the most respected news sources in China.

chessnut

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Quote from: chessnut on March 28, 2014, 07:43:23 PM

Quote from: sonofliberty on March 28, 2014, 07:42:29 PM

Quote from: billyjoeallen on March 28, 2014, 07:50:20 PM

Hoping to see 400 now. Come on weekend dip.

No.

.....hoping is not good enough. why will it dip?

Because last weekend there was a dip due to a bogus story of a bitcoin ban in China. This week, there is another bogus story of a bitcoin ban in China. Some people are thinking the market is that stupid. They may be right, but although successful, this strategy may be starting to show diminishing returns.

but there has been a lot of panic selling already, if you are going to attribute this to malice, then why wouldn't the next bogus news cause a rally?

windjc

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Quote from: chessnut on March 28, 2014, 07:43:23 PM

Quote from: sonofliberty on March 28, 2014, 07:42:29 PM

Quote from: chessnut on March 28, 2014, 07:43:23 PM

Hoping to see 400 now. Come on weekend dip.

No.

.....hoping is not good enough. why will it dip?

Because last weekend there was a dip due to a bogus story of a bitcoin ban in China. This week, there is another bogus story of a bitcoin ban in China. Some people are thinking the market is that stupid. They may be right, but although successful, this strategy may be starting to show diminishing returns.

Is the news bogus? There is certainly reason to believe it may not be.

billyjoeallen

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Quote from: sonofliberty on March 28, 2014, 07:42:29 PM

Quote from: chessnut on March 28, 2014, 07:43:23 PM

Hoping to see 400 now. Come on weekend dip.

No.

.....hoping is not good enough. why will it dip?

Because last weekend there was a dip due to a bogus story of a bitcoin ban in China. This week, there is another bogus story of a bitcoin ban in China. Some people are thinking the market is that stupid. They may be right, but although successful, this strategy may be starting to show diminishing returns.

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Quote from: sonofliberty on March 28, 2014, 07:42:29 PM

Quote from: sonofliberty on March 28, 2014, 07:42:29 PM

Hoping to see 400 now. Come on weekend dip.

No.

.....hoping is not good enough. why will it dip?

If you are asking for charts, I do not have those. It usually dips on weekends, but it is certainly not a given.

Hence, the hope. I must add that my hopes usually work out, or at least have been working out in the past few months. Though in a downtrend, its easy to make a profit if you are selling whenever it rises so may not be really actual skill.

chessnut

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Hoping to see 400 now. Come on weekend dip.

No.

.....hoping is not good enough. why will it dip?

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