The answer is arbitrage.
Tell me how you'd do it, please.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30874. (Read 26712368 times)
December 18, 2013, 11:46:42 PM
Tell me how you'd do it, please.
December 18, 2013, 11:42:40 PM
I see eleven threads greyed out in the speculation forum. Must mean something bearish.
December 18, 2013, 11:39:05 PM
Correction from pitiful mini raly coming in 5 4 3 2 1
December 18, 2013, 11:38:00 PM
Sell signal just triggered on BTC-e. Be careful.
December 18, 2013, 11:27:23 PM
The answer is arbitrage.
Tell me how you'd do it, please.
December 18, 2013, 11:26:10 PM
Every exchange is now following the movements of this one exchange which is seeing liquidity cutoffs, government action, a reducing order book, and a reducing volume, and has led us to 3 crashes this month (in a downtrend) - who knows what their government will put of of their ass next. Yet all the exchanges still follow it move by move and tonight it does something and every goes 'yay rally time to the moon'. I dont get it.
I'd say that the people trading on the other exchanges are just as confused as you are. They see a move on China and think 'whoa, I'd better buy/sell to keep up'.
I'm in a much better position. Out of fiat so couldn't buy now if I wanted to. No worries. It'll all settle out.
December 18, 2013, 11:24:23 PM
Every exchange is now following the movements of this one exchange which is seeing liquidity cutoffs, government action, a reducing order book, and a reducing volume, and has led us to 3 crashes this month (in a downtrend) - who knows what their government will put of of their ass next. Yet all the exchanges still follow it move by move and tonight it does something and every goes 'yay rally time to the moon'. I dont get it.
The answer is arbitrage. 
December 18, 2013, 11:22:32 PM
Every exchange is now following the movements of this one exchange which is seeing liquidity cutoffs, government action, a reducing order book, and a reducing volume, and has led us to 3 crashes this month (in a downtrend) - who knows what their government will put of of their ass next. Yet all the exchanges still follow it move by move and tonight it does something and every goes 'yay rally time to the moon'. I dont get it.
Despite your avatar
December 18, 2013, 11:16:13 PM
Every exchange is now following the movements of this one exchange which is seeing liquidity cutoffs, government action, a reducing order book, and a reducing volume, and has led us to 3 crashes this month (in a downtrend) - who knows what their government will put of of their ass next. Yet all the exchanges still follow it move by move and tonight it does something and every goes 'yay rally time to the moon'. I dont get it.
December 18, 2013, 11:10:46 PM
The movement originated on btcchina. How do you feel about this?
Maybe the answer to this is coming soon........
BTC China told CoinDesk it is expecting to reinstate deposits in RMB soon. Bobby Lee said he is now working with another third party payment company to try and reinstate RMB pricing, and is hoping to make an announcement on the Weibo account in the next few hours.
This will now be the firm’s third payment provider relationship inside a week. Lee brushed off worries that the new relationship could also be placed in jeopardy by PBOC’s most recent move.
“If this keeps happening, ten times later, will I keep going? I don’t know. I can’t predict the future. But for now we’re going to try one more time, to see,” he said.
http://www.coindesk.com/bitcoin-price-falls-btc-china-exchange-shuts-fiat-deposits/
I don't like his response. This sounds not serious enough from a CEO. He should find a reliable way to enable depositing or just close it instead.
December 18, 2013, 11:10:25 PM
The movement originated on btcchina. How do you feel about this?
I heard Loaded flew into China with a plane load of cash and bought all the bitcoins.
December 18, 2013, 11:09:47 PM
been buying coins all night, 2 nights in a row.... i'm tired as fuck, bed time!
may the force be with you bitcoin day traders,
may the force be with you bitcoin day traders,
December 18, 2013, 11:08:10 PM
The movement originated on btcchina. How do you feel about this?
Maybe the answer to this is coming soon........
BTC China told CoinDesk it is expecting to reinstate deposits in RMB soon. Bobby Lee said he is now working with another third party payment company to try and reinstate RMB pricing, and is hoping to make an announcement on the Weibo account in the next few hours.
This will now be the firm’s third payment provider relationship inside a week. Lee brushed off worries that the new relationship could also be placed in jeopardy by PBOC’s most recent move.
“If this keeps happening, ten times later, will I keep going? I don’t know. I can’t predict the future. But for now we’re going to try one more time, to see,” he said.
http://www.coindesk.com/bitcoin-price-falls-btc-china-exchange-shuts-fiat-deposits/
Looks like Chinese people will have to find other ways to get their hands on Bitcoin than Chinese exchanges in the future. I don't see any reason why the Government wouldn't ban the next thirdparty BTCChina hooks up with.
December 18, 2013, 11:05:38 PM
Dat sell side wall coming in to quell this little rally.
December 18, 2013, 11:03:01 PM
The movement originated on btcchina. How do you feel about this?
Maybe the answer to this is coming soon........
BTC China told CoinDesk it is expecting to reinstate deposits in RMB soon. Bobby Lee said he is now working with another third party payment company to try and reinstate RMB pricing, and is hoping to make an announcement on the Weibo account in the next few hours.
This will now be the firm’s third payment provider relationship inside a week. Lee brushed off worries that the new relationship could also be placed in jeopardy by PBOC’s most recent move.
“If this keeps happening, ten times later, will I keep going? I don’t know. I can’t predict the future. But for now we’re going to try one more time, to see,” he said.
http://www.coindesk.com/bitcoin-price-falls-btc-china-exchange-shuts-fiat-deposits/
December 18, 2013, 11:01:42 PM
December 18, 2013, 11:00:05 PM
The movement originated on btcchina. How do you feel about this?
Glad that my rants about things both designed and made in China last no more than 1 month were right again.
December 18, 2013, 10:59:26 PM
same one, nothing new
December 18, 2013, 10:57:01 PM
The movement originated on btcchina. How do you feel about this?
December 18, 2013, 10:54:20 PM
Dear bitcoins China (BTC China) Users: Due to reasons known Bitcoin China (BTC China) had to temporarily stop yuan recharge feature, recharge bitcoin, bitcoins RMB cash withdrawal and withdrawals are not affected, bitcoins China ( BTC China) will continue to operate. Please continue to focus on our home page, we will provide other ways to recharge as soon as possible. Inconvenience to you, we express deep regret at this. China Bitcoin (BTC China) 2013.12.18
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