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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30977. (Read 26711027 times)

legendary
Activity: 879
Merit: 1001
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 492
Merit: 500
So.... while we are burning are heads trying to pick a bottom Chinese exchanges are adding services:

https://796.com/news/detail/92.html

Quote
Users will be able to buy and sell Bitcoin at 796 Exchange from 14:00, December, 17th, 2013 (GMT +8) using US dollars. We would like to encourage as much participation in the new LTC/USD market as possible, so we will initially launch with zero trading fees. Users can deposit/withdraw through International Wire Transfer and OKPay. More deposit methods will be added soon. We’ve also added an internal transfer feature to better serve our users, especially those who have difficulty depositing USD. We’re working hard to provide Litecoiners all around the world with a stable, reliable and comfortable trading experience, as well as quick response customer service.


WTF?  Grin

Well, naturally  no? They are in Hong Kong, so they should have access to USD, makes sense if you ask me. I wouldn't be surprised if the other Chinese Exchanges move as well.

I have no idea how much autonomy they have left? Never been there & only watched some documentary about coming changes years ago.
hero member
Activity: 728
Merit: 500
New lows coming on Stamp and Gox.

Discuss.
We will stabilize within 650-750 range, as it dropped heavily. Once market realizes there is more resistance ahead and Chinese overbought coins with no new buyers to pass the bag to, new discounted coins will follow.

I'd love to take those btc bags off them but my monthly budget doesn't allow for it right now. Cry
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
So.... while we are burning are heads trying to pick a bottom Chinese exchanges are adding services:

https://796.com/news/detail/92.html

Quote
Users will be able to buy and sell Bitcoin at 796 Exchange from 14:00, December, 17th, 2013 (GMT +8) using US dollars. We would like to encourage as much participation in the new LTC/USD market as possible, so we will initially launch with zero trading fees. Users can deposit/withdraw through International Wire Transfer and OKPay. More deposit methods will be added soon. We’ve also added an internal transfer feature to better serve our users, especially those who have difficulty depositing USD. We’re working hard to provide Litecoiners all around the world with a stable, reliable and comfortable trading experience, as well as quick response customer service.


WTF?  Grin

Well, naturally  no? They are in Hong Kong, so they should have access to USD, makes sense if you ask me. I wouldn't be surprised if the other Chinese Exchanges move as well.
sr. member
Activity: 406
Merit: 250
Yes they come they pump and they dump...
hero member
Activity: 728
Merit: 500
New lows coming on Stamp and Gox.

Discuss.

Bitcoin up 7000% in 2013.

Discuss.
I haven't slept over 4 hours per night in weeks. I must now be clinically sleep deprived and suffering brain damage. Discuss.
legendary
Activity: 1428
Merit: 1000
New lows coming on Stamp and Gox.

Discuss.

Bitcoin up 7000% in 2013.

Discuss.

More reason for new lows..
legendary
Activity: 2156
Merit: 1070
796 is located in Hong Kong, which still has a great deal of autonomy.

Glad to hear. I always wondered is HK in the same boat as rest of China.

Am I the only one thinking this China news is actually no news at all. Regulators already said a week ago no to bitcoin acceptance in stores & will regulate exchanges.  Carefully crafted FUD titles making people believe this is a complete ban while actually it's nothing more than what was said last week.

https://bitcointalksearch.org/topic/chinese-state-tv-cctv-just-talked-about-bitcoin-chinese-central-bank-374214

chinese state TV (CCTV) just talked about bitcoin & chinese central bank

roughly translated:

* Bitcoin is virtual currency and legality has been classified
* Reports say Bank of China directed payment processors to stop doing business with Bitcoin businesses
* Personal holding and transfers still allowed
* People speculate this may be the end of rise of bitcoin

This was just on CCTV


I can sense another wave of panic selling incoming from china  Grin

FUD right on queue. His ears must have been burning.
legendary
Activity: 1428
Merit: 1000
New lows coming on Stamp and Gox.

Discuss.
We will stabilize within 650-750 range, as it dropped heavily. Once market realizes there is more resistance ahead and Chinese overbought coins with no new buyers to pass the bag to, new discounted coins will follow.
legendary
Activity: 2156
Merit: 1070
New lows coming on Stamp and Gox.

Discuss.

Bitcoin up 7000% in 2013.

Discuss.
hero member
Activity: 728
Merit: 500
chinese state TV (CCTV) just talked about bitcoin & chinese central bank

roughly translated:

* Bitcoin is virtual currency and legality has been classified
* Reports say Bank of China directed payment processors to stop doing business with Bitcoin businesses
* Personal holding and transfers still allowed
* People speculate this may be the end of rise of bitcoin

This was just on CCTV
[/i]

I can sense another wave of panic selling incoming from china  Grin

Or maybe not much. They sold the rumour, they might as well buy the news.
hero member
Activity: 728
Merit: 500
So do bitcoiners just use the same protocol after each bubble? A couple weeks after the crash, spread some FUD about the liquidity of an exchange to crash prices almost back to the floor and get back the coins they missed or sold early.

AFAIK Gox will never recover those 10 million dollars (5+5) from seizures in US. So it was not much FUD. They were (are?) operating a fractional reserve. That might not be the case anymore because of the fees on all the new money that came in during these last months.
legendary
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
hero member
Activity: 665
Merit: 500
New lows coming on Stamp and Gox.

Discuss.
hero member
Activity: 492
Merit: 500
796 is located in Hong Kong, which still has a great deal of autonomy.

Glad to hear. I always wondered is HK in the same boat as rest of China.

Am I the only one thinking this China news is actually no news at all. Regulators already said a week ago no to bitcoin acceptance in stores & will regulate exchanges.  Carefully crafted FUD titles making people believe this is a complete ban while actually it's nothing more than what was said last week.

https://bitcointalksearch.org/topic/chinese-state-tv-cctv-just-talked-about-bitcoin-chinese-central-bank-374214

chinese state TV (CCTV) just talked about bitcoin & chinese central bank

roughly translated:

* Bitcoin is virtual currency and legality has been classified
* Reports say Bank of China directed payment processors to stop doing business with Bitcoin businesses
* Personal holding and transfers still allowed
* People speculate this may be the end of rise of bitcoin

This was just on CCTV


Nothing more than what was said last week.
legendary
Activity: 1428
Merit: 1000
796 is located in Hong Kong, which still has a great deal of autonomy.

Glad to hear. I always wondered is HK in the same boat as rest of China.

Am I the only one thinking this China news is actually no news at all. Regulators already said a week ago no to bitcoin acceptance in stores & will regulate exchanges.  Carefully crafted FUD titles making people believe this is a complete ban while actually it's nothing more than what was said last week.

https://bitcointalksearch.org/topic/chinese-state-tv-cctv-just-talked-about-bitcoin-chinese-central-bank-374214

chinese state TV (CCTV) just talked about bitcoin & chinese central bank

roughly translated:

* Bitcoin is virtual currency and legality has been classified
* Reports say Bank of China directed payment processors to stop doing business with Bitcoin businesses
* Personal holding and transfers still allowed
* People speculate this may be the end of rise of bitcoin

This was just on CCTV


I can sense another wave of panic selling incoming from china  Grin
hero member
Activity: 492
Merit: 500
796 is located in Hong Kong, which still has a great deal of autonomy.

Glad to hear. I always wondered is HK in the same boat as rest of China.

Am I the only one thinking this China news is actually no news at all. Regulators already said a week ago no to bitcoin acceptance in stores & will regulate exchanges.  Carefully crafted FUD titles making people believe this is a complete ban while actually it's nothing more than what was said last week.
hero member
Activity: 728
Merit: 500
796 is located in Hong Kong, which still has a great deal of autonomy.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Staying up all night? THIS will keep me in a level of consciousness slightly above that of a zombie after 30 hours no sleep...

Requires Bose A20 headsets. Others may be compatible.

Any side effects with that ?
Cause in just 20 seconds I felt the urge to go to toilet.
And no , I'm not joking on this!

Nothing except the normal headache/ear discomfort from wearing headsets for hours.

Make sure your set can reproduce sub-bass.

What is this supposed to sound? I have some shit headset and there's no any music, only some strange noise.

You sure you have the A20s? But yeah, it sounds like waves and noises.

No, no waves... only noise, same rhytm one, like drilling machine Cheesy

I don't know what kind of headset I have, it's some cheap one.

See above, I misread you as having "the same shit headsets" (very much not shit Grin). I'm pretty sure it only works if you can hear the full range.

Looks like that shit is not helping you, you're still sleepy Tongue
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