Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30828. (Read 26713116 times)

With the amount of cash he has on hand, he can always MAKE SURE he gets it right...

But he does tend to get it right.

But he does tend to get it right.

China credit crisis fears as central bank injects funds
Chinese stocks fall on liquidity crisis fears despite central bank pumping in cash

China’s central bank has rushed to pump money into the stalling banking system but markets across Asia still fell sharply amid fears that the world’s second-largest economy faces a credit crisis.
Cash rates on China’s money markets jumped after the move by the People’s Bank of China (PBOC) to ease a liquidity squeeze on banks. Both the Shanghai Composite Index and Hong Kong’s Hang Seng Index also fell amid concerns over structural problems in China’s financial system.
The Chinese seven-day bond repurchase rate, which essentially measures liquidity in the financial system, climbed to 7.6pc its highest since fears over a banking crisis in China first emerged over the summer.
State media in China had reported that the PBOC has unexpectedly pumped $33bn (£20bn) into the domestic money market through what it refers to as “short-term liquidity operation”.
“The focus is again on China where there is plenty of discussion on the squeeze in interbank funding markets,” said Deutsche Bank in a note to investors Friday.

“The repo rate is now higher than yesterday amid market talk of a missed payment at a local Chinese bank. This is something to monitor over the next few days.”
Fears over a looming Chinese debt crisis spurred by a poorly regulated and opaque financial system stoked fears over the summer that the Asian powerhouse could finally be on the brink of a sharp slowdown in growth.
Much concern also surrounds what has become known as the “shadow banking” system that allows the Chinese to borrow money beyond their means.

if you want to bring the price up where would you buy ?

I would buy at gox, because trying to bring the price over 1300 at bitstamp will be somehow a failure, and I mean doing that by running a market order.... even if you would put some buying walls t prevent the price from droping people will simply eat the walls how ? most people will see the chance of getting their cash out of gox by selling their coins at stamp and your try will be worthless......


so I think you do not need to spread the cash, all you need is to push the price at gox and the market will follow (except china for now ...)

A poster boy surrounding himself with drooling wannabe moneybags hoping to attract customers to his investment businesses, sometimes he takes a walk on the wild side.

A poster boy surrounding himself with drooling wannabe moneybags hoping to attract customers to his investment businesses, sometimes he takes a walk on the wild side.

20k spread across all markets is what you should be looking at.

He is just a guy claiming he knows a thing or two about Bitcoin. Also owns a coin or two.  

20k spread across all markets is what you should be looking at.

depends where you look, If I look to bitstamps order book 20K will brings us over &1300 and looking to gox order book 20K will bring us a bit over $1100

Would a 20k buy bring the price to $1500?