Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28682. (Read 26709821 times)
March 28, 2014, 04:00:48 PM
March 28, 2014, 03:59:34 PM
Wow, reading Rui Ma's interview, I am very impressed with the vigor of the bitcoin startup community in China.
Well, if the last rumor is true, the exchanges will close; and then the secondary businesses will die too, presumably.Those were onlu rumors and this article was a fake.
March 28, 2014, 03:57:41 PM
March 28, 2014, 03:55:49 PM
Fairy God Whale, where are you now?!
March 28, 2014, 03:49:55 PM
Wow, reading Rui Ma's interview, I am very impressed with the vigor of the bitcoin startup community in China.
Well, if the last rumor is true, the exchanges will close; and then the secondary businesses will die too, presumably. March 28, 2014, 03:48:56 PM
Nope, this has no momentum left. how is it going to pass 465 without the sheer panic of yesterday? I dont think it can for many more hours.
It probably wont get past 465 until next week if/when the news in China is confirmed. I do think we will retest 465-470 before then though.
We are consolidating right now.
March 28, 2014, 03:46:35 PM
Nope, this has no momentum left. how is it going to pass 465 without the sheer panic of yesterday? I dont think it can for many more hours.
I'm not getting a sense of sheer panic, more a sense of general fatigue and disillusionment with the misleading tales of "get rich quick."
Bummer for me, I'm all-in BTC right now and shorting at this point just makes no sense
March 28, 2014, 03:40:48 PM
Nope, this has no momentum left. how is it going to pass 465 without the sheer panic of yesterday? I dont think it can for many more hours.
March 28, 2014, 03:37:31 PM
Wow, reading Rui Ma's interview, I am very impressed with the vigor of the bitcoin startup community in China. They are going to add an enormous amount of value to the BTC economy, on a very accellerated schedule. They seem to have a huge advantage over U.S. entrepreneurs in this space.
I admit I have rather resented the rumors and the IP issues, the scams and the mining competition coming out of China, but they are also building out infrastructure with a seriously ambitious vision, and substantial funding.
I admit I have rather resented the rumors and the IP issues, the scams and the mining competition coming out of China, but they are also building out infrastructure with a seriously ambitious vision, and substantial funding.
March 28, 2014, 03:32:52 PM
nearly there, been buying dips for months
March 28, 2014, 03:30:27 PM
Can someone post an updated long-term log chart with the mean line going through it?
March 28, 2014, 03:21:55 PM
all the talk about the Chinese exchanges lately seems to be about Huobi and BTC China, but everytime I check the charts, OkCoin is smashing both of them in volume. There isn't much press about OKCoin, but they seem to be quietly doing all the business...
Until a few weeks ago Huobi had more volume than OKCoin, now it is a close second place.
here is an interview with OKCoin's CEO http://www.coindesk.com/okcoin-ceo-expansion-china-competitive-edge/
March 28, 2014, 03:21:29 PM
we enter into the fifth month of constant decline in prices,
Check Trend line from decembar 2013 year !
Trend and price before 1 month:
Trend and price today:
See you again within a month with trend lines and current price.
Check Trend line from decembar 2013 year !
Trend and price before 1 month:
Trend and price today:
See you again within a month with trend lines and current price.
March 28, 2014, 03:17:25 PM
Mr. Falkvinge has flip floped on Bitcoin, if you take his advice on the subject remove the fact he either lost faith or thought he would find a greater fool...
The first article I read from him was glowing, he said he was putting all his savings into it and he loved its supposed anonimity and privacy. He apparently put all his money in MtGOX, and was quite upset a their failure, which cost him a few tens of thousands of euros. Then he was disappointed when he figured out that bitcoin is not anonymous at all. But he is still a fan of bitcoin it seems.
in 2011, Falkvinge told people to invest everything they had and everything they could borrow into bitcoin. I should have sold when I heard that. (and bought back lower, of course). That was before the Goxxing that triggered the (in hindsight inevitable) crash from $32 to $2. Later, he said he held zero bitcoin. He sold AFTER the crash at a huge loss. I agree with some of his ideology, but ignore or even fade his investment advise.
He acquired more BTC later (prolly from donations) and left/kept it in Mt. Gox. Oops. I don't trust politicians, even libertarian ones.
March 28, 2014, 03:15:45 PM
all the talk about the Chinese exchanges lately seems to be about Huobi and BTC China, but everytime I check the charts, OkCoin is smashing both of them in volume. There isn't much press about OKCoin, but they seem to be quietly doing all the business...
March 28, 2014, 03:09:12 PM
Mr. Falkvinge has flip floped on Bitcoin, if you take his advice on the subject remove the fact he either lost faith or thought he would find a greater fool...
The first article I read from him was glowing, he said he was putting all his savings into it and he loved its supposed anonimity and privacy. He apparently put all his money in MtGOX, and was quite upset a their failure, which cost him a few tens of thousands of euros. Then he was disappointed when he figured out that bitcoin is not anonymous at all. But he is still a fan of bitcoin it seems.
March 28, 2014, 03:08:49 PM
March 28, 2014, 03:08:40 PM
What would cause JorgeStolfi to buy? Has he ever mentioned what the "tipping point" for him would be? I am curious.
I already said that. I won't buy it for speculation, investment (whose "sale" I consider a scam), or even to help "the cause" (which at this point seems to have been totally derailed by "libertarians" and greedy financiers).I may buy some cryptocoin someday to pay for something, if I find that it will be easier/cheaper/safer/faster/etc than the usual means (cash, check, bank remittance, cerdit card , debit card, ...). Which does not look very likely right now.
If he changes his mind and buys some he should update [ his signature ]. 
Of course.
Bitcoin is inherently libertarian.
Dont think so.. .even though bitcoin may be very useful tool for many libertarian considerations
Bitcoin is peaceful and free market. That's what "libertarian" means.
From our previous discussions, I already recognize that there is more devil in the details of your thinking about how peaceful and freemarket play out, but nonetheless, who can disagree with peaceful and free market.. to the extent that something like that may be an aspiration...
NOT this cat.... I mean I dont disagree...
March 28, 2014, 03:05:55 PM
485 
Support wasn't tested on high enough volume. It will be tested again. That's price discovery.
March 28, 2014, 03:05:07 PM
Guys bad news from China.
http://www.guogao.com/trade/GGC/
Is this the first cryptocurrency exchange not trading Bitcoin. At least the have Monkeycoin so not all is lost.
http://www.guogao.com/trade/GGC/
Is this the first cryptocurrency exchange not trading Bitcoin. At least the have Monkeycoin so not all is lost.
So let me get this straight. All this panic is over bitcoin. But other crypto doesn't have a problem.
You must realize this means that it is trivial to buy Bitcoin with RMB onshore: Just buy LTC and swap it.
All the PRC panics are complete and utter nonsense.
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