Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30944.

BC-Trader

full member

Activity: 182

Merit: 100

without the chinese BTC goes back to $100-150 and stays in that range, probably will overshoot it a bit at the low which will be a buying point.....

long gone are the speculative ramps, I remember the Chinese did this not that long ago with a "Virtual in game currency"(can't remember the name..), bidding it up to stupid amts" and the government stepped in and it went to worthless..

I sold what little I had around $1100 a few weeks ago Roll Eyes

I buy sub 100 ..

Vycid

sr. member

Activity: 336

Merit: 250

♫ the AM bear who cares ♫

Quote from: NamelessOne on December 18, 2013, 01:19:01 AM

Quote from: traderCJ on December 18, 2013, 01:17:09 AM

This has nothing to do with a bubble. The Chinese government is simply shutting down Bitcoin for all intents and purposes. Calling this a bubble would be like saying Silk Road is a bubble or Liberty Reserve was a bubble. They're things that once had value and no longer have value due to gov't intervention.

Agreed! The rest of the world doesn't exist!! Roll Eyes

Of course it does, but most of the value added in the past couple months was due to China. It is totally unreasonable to call this a bubble if the government actually destroyed that value.

600watt

legendary

Activity: 2338

Merit: 2106

Quote from: Mirsad on December 18, 2013, 01:20:26 AM

Quote from: traderCJ on December 18, 2013, 01:17:09 AM

This has nothing to do with a bubble. The Chinese government is simply shutting down Bitcoin for all intents and purposes. Calling this a bubble would be like saying Silk Road was a bubble or Liberty Reserve was a bubble. They're things that once had value and no longer have value due to gov't intervention.

This year was a huge bubble...
There was no correlation between price and increase in transactions.
It was pure speculation. If you don't see that, stop trading Tongue

Buy and holders (bought @ 10-15$) will be ok, but buyers @ above 1000$ will get punched in the face.

you are right, they will be punched.

but they just have to wait for the next climb. april 260 buyers were laughed at during the summer. they didn´t look to bad in november. actually they still look ok. wouldn´t we like to buy back at 260 now Wink

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

Gox@600

traderCJ

sr. member

Activity: 280

Merit: 250

Quote from: Mirsad on December 18, 2013, 01:20:26 AM

Quote from: traderCJ on December 18, 2013, 01:17:09 AM

This has nothing to do with a bubble. The Chinese government is simply shutting down Bitcoin for all intents and purposes. Calling this a bubble would be like saying Silk Road was a bubble or Liberty Reserve was a bubble. They're things that once had value and no longer have value due to gov't intervention.

This year was a huge bubble...
There was no correlation between price and increase in transactions.
It was pure speculation. If you don't see that, stop trading Tongue

Buy and holders (bought @ 10-15$) will be ok, but buyers @ above 1000$ will get punched in the face.

There's no such thing as a bubble. Only a rapid change in speculated value. "Bubble" implies that there is a nominal value (no bubble -> bubble -> no bubble after the pop). What caused this is gov't intervention. By your argument, anything that can be made illegal is a bubble.

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

Quote from: bassclef on December 18, 2013, 01:19:12 AM

Quote from: ?? on ??

Quote from: CryptStorm on December 18, 2013, 01:11:19 AM

Quote from: ?? on ??

Quote from: accord01 on December 17, 2013, 09:15:27 PM

A lot of bulls on here are like mad cow disease; they give newbies a distorted view of bitcoin and end up taking their money as well, and then lose it all to the master traders/ whales.

Liberal use of the ignore button and checking to take the real people of ignore works well, you get a spam of ignored posts before dumps.

Very cool-- I hadn't really imagined there would be so many straw dummy FUD accounts.

Its sometimes hard to keep up with the new sockpuppets but its better than suffering.

Good idea. It's been harder and harder to wade through this forum.

FYI BTCChina has TEMPORARILY suspended fiat deposits. Key word temporarily.

Sell if you think it's going lower and want to take the risk, but don't let fear take hold. It leads to the Dark Side.

Silly noob that I am with my 31.5 coins mining with a knc Jupiter since oct 18th when btc was 150 or so....with 2 knc neptunes on order (20k plus) well...gonna ride it out and probably keep the neptunes (could get a refund I guess..but what the heck it is only $$$ sob)...anyway either I'm in front and leading the ass or I'm at the rear looking at the ass ..it is definitely one camp or another I guess no inbetween I guess I'll find out the middle of next year which end of he ass I'm at! (damn I got big ones for a noob....gonna go in a corner and curl up around pillow and whimper a bit now on my "paper wealth" loss ...so fleeting!

Searing

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

Quote from: Vycid on December 18, 2013, 01:20:22 AM

Fuck's sake. I go abroad for a couple days and China decides to trigger the apocalypse.

And I have no access to my stash so I can't even trade this.

Bitstamp better not break $500 or we're gonna have Risto all up in our faces acting like this announcement was foreseeable.

yeah, his math calculations saw it. Grin

keewee

legendary

Activity: 1025

Merit: 1000

Gox under 600 Shocked

Davyd05

hero member

Activity: 574

Merit: 500

2100 at 600 LIKE BOOM

traderCJ

sr. member

Activity: 280

Merit: 250

Quote from: adamstgBit on December 18, 2013, 01:18:13 AM

Quote from: traderCJ on December 18, 2013, 01:17:09 AM

This has nothing to do with a bubble. The Chinese government is simply shutting down Bitcoin for all intents and purposes. Calling this a bubble would be like saying Silk Road is a bubble or Liberty Reserve was a bubble. They're things that once had value and no longer have value due to gov't intervention.

wow FUD should make price drop even lower

You can call it FUD, but based on what I'm reading, you cannot deposit to BTC China from a Chinese bank account. You can, however, deposit into a Chinese bank account. There's a reason the Chinese are dumping like no other now. If the gov't did this, what's to stop them from barring banks from accepting deposits in the future? It's a big shit sandwich for all of us Bitcoiners.

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

Quote from: ?? on ??

Quote from: damiano on December 18, 2013, 01:09:23 AM

...
This shit is gonna be all over the news tomorrow

Lol, they're damn quick but not quick enough:
http://www.google.com/hostednews/afp/article/ALeqM5jrxoTwxpxW9ucyyZkULkwvh3UznA?docId=496c0f45-4657-41ae-b8b9-f2767d63dfa9

Lol nice find

Mirsad

full member

Activity: 140

Merit: 100

Bitcoin - love & hate

Quote from: traderCJ on December 18, 2013, 01:17:09 AM

This has nothing to do with a bubble. The Chinese government is simply shutting down Bitcoin for all intents and purposes. Calling this a bubble would be like saying Silk Road was a bubble or Liberty Reserve was a bubble. They're things that once had value and no longer have value due to gov't intervention.

This year was a huge bubble...
There was no correlation between price and increase in transactions.
It was pure speculation. If you don't see that, stop trading Tongue

Buy and holders (bought @ 10-15$) will be ok, but buyers @ above 1000$ will get punched in the face.

Quote from: bassclef on December 18, 2013, 01:19:12 AM

Sell if you think it's going lower and want to take the risk, but don't let fear take hold. It leads to the Dark Side.

No offense, but selling now is even more stupid then NOT selling @ 1000$

Vycid

sr. member

Activity: 336

Merit: 250

♫ the AM bear who cares ♫

Fuck's sake. I go abroad for a couple days and China decides to trigger the apocalypse.

And I have no access to my stash so I can't even trade this.

Bitstamp better not break $500 or we're gonna have Risto all up in our faces acting like this announcement was foreseeable.

bassclef

hero member

Activity: 924

Merit: 1000

Quote from: ?? on ??

Quote from: CryptStorm on December 18, 2013, 01:11:19 AM

Quote from: ?? on ??

Quote from: accord01 on December 17, 2013, 09:15:27 PM

A lot of bulls on here are like mad cow disease; they give newbies a distorted view of bitcoin and end up taking their money as well, and then lose it all to the master traders/ whales.

Liberal use of the ignore button and checking to take the real people of ignore works well, you get a spam of ignored posts before dumps.

Very cool-- I hadn't really imagined there would be so many straw dummy FUD accounts.

Its sometimes hard to keep up with the new sockpuppets but its better than suffering.

Good idea. It's been harder and harder to wade through this forum.

FYI BTCChina has TEMPORARILY suspended fiat deposits. Key word temporarily.

Sell if you think it's going lower and want to take the risk, but don't let fear take hold. It leads to the Dark Side.

NamelessOne

legendary

Activity: 840

Merit: 1000

Quote from: traderCJ on December 18, 2013, 01:17:09 AM

This has nothing to do with a bubble. The Chinese government is simply shutting down Bitcoin for all intents and purposes. Calling this a bubble would be like saying Silk Road is a bubble or Liberty Reserve was a bubble. They're things that once had value and no longer have value due to gov't intervention.

Agreed! The rest of the world doesn't exist!! Roll Eyes

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: traderCJ on December 18, 2013, 01:17:09 AM

This has nothing to do with a bubble. The Chinese government is simply shutting down Bitcoin for all intents and purposes. Calling this a bubble would be like saying Silk Road is a bubble or Liberty Reserve was a bubble. They're things that once had value and no longer have value due to gov't intervention.

wow FUD should make price drop even lower

Sitarow

legendary

Activity: 1792

Merit: 1047

keewee

legendary

Activity: 1025

Merit: 1000

Quote from: Davyd05 on December 18, 2013, 01:15:12 AM

Quote from: keewee on December 18, 2013, 01:13:22 AM

Quote from: Davyd05 on December 18, 2013, 01:10:15 AM

Quote from: keewee on December 18, 2013, 01:09:31 AM

2600 broken

chikun little says the sky is falling

lol, I was just stating a fact

not calling you a chikun little .. calling btcchina that

Oh. That's all good then. I have to admit to being a little bearish right now because I've got a low bid in Grin

Nightowlace

hero member

Activity: 980

Merit: 1001

Your bitcoin was worth a bitcoin yeasterday, today and it will still be worth a bitcoin tomorrow.

traderCJ

sr. member

Activity: 280

Merit: 250

This has nothing to do with a bubble. The Chinese government is simply shutting down Bitcoin for all intents and purposes. Calling this a bubble would be like saying Silk Road was a bubble or Liberty Reserve was a bubble. They're things that once had value and no longer have value due to gov't intervention.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30944. (Read 26711230 times)