Is it wrong that I am more comfortable on the way down than I was on the way up....
I'm just glad we're getting rid of Chinese influence.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30994. (Read 26711479 times)
December 16, 2013, 09:21:59 PM
I'm just glad we're getting rid of Chinese influence.
December 16, 2013, 09:19:50 PM
Interesting how this doesn't seem to be an uncontrolled freakout crash unlike the last time. I dont expect it to go all the way back to like $200. I think there are too many no time players who bought high
December 16, 2013, 09:19:27 PM
Is it wrong that I am more comfortable on the way down than I was on the way up....
December 16, 2013, 09:19:12 PM
I wonder if the Chinese weren't a drag on the market this whole time anyway.
Was the fear of the Chinese government something that was keeping new potential whales from jumping in? Now that the shoe has dropped, and China has decided to bottle its people back up and make them go back to their pollution and hovels, will this bring optimism back once they're out of the market? The rest of the world can regulate, but it can never really shutdown like China could. Regulation in the rest of the world is often seen as a bullish sign. In China its been the opposite, since everyone always knew what their government could do.
Was the fear of the Chinese government something that was keeping new potential whales from jumping in? Now that the shoe has dropped, and China has decided to bottle its people back up and make them go back to their pollution and hovels, will this bring optimism back once they're out of the market? The rest of the world can regulate, but it can never really shutdown like China could. Regulation in the rest of the world is often seen as a bullish sign. In China its been the opposite, since everyone always knew what their government could do.
December 16, 2013, 09:18:44 PM
my net worth is dropping and fast, so I eat popcorn and tell you guys about it. lmao! life its a joke and nobody gets it....
Who cares about dollars when you can have bitcoins?
December 16, 2013, 09:18:38 PM
my net worth is dropping and fast, so I eat popcorn and tell you guys about it. lmao! life its a joke and nobody gets it....
Do you want to kiss for real?
December 16, 2013, 09:17:34 PM
my net worth is dropping and fast, so I eat popcorn and tell you guys about it. lmao! life its a joke and nobody gets it....
December 16, 2013, 09:17:25 PM
I turn my monitor upside-down... Everything's going up!
BUY, BUY, BUY
December 16, 2013, 09:15:38 PM
I turn my monitor upside-down... Everything's going up!
December 16, 2013, 09:12:24 PM
This is the run up in reverse. Exchanges diverging like mad.
December 16, 2013, 09:12:13 PM
And Gox refusing to play along.
Gox and Stamp are not refusing. There are some very big Players on Stamp, Gox and BTChina that are trying to stabilize the price. They are eating thousands of coins...
This is not like the dumps of old... Stacks of coins eaten up by the big players. Gonna make it harder to choose a re-entry point.
December 16, 2013, 09:11:24 PM
Strange, Nobody ever tought about it that Communism is the oposit of capitalism? China would Never allow that its Folks become rich. What a trap, when I think about it now...
December 16, 2013, 09:11:15 PM
BTC is correcting back to 140$... Where it was sitting comfortably for weeks before China inflated it.
wana make a bet?
Well, Gox is overinflated...
BTCChina: 3250 CNY.
3250 CNY = 535 USD.
Gox : 712 USD... SELL! :-)
December 16, 2013, 09:10:40 PM
Looks like China is destined to visit support at 2500-2600 range. Might as well do it quickly and get it out of their system.
December 16, 2013, 09:08:54 PM
BTC is correcting back to 140$... Where it was sitting comfortably for weeks before China inflated it.
wana make a bet?
December 16, 2013, 09:08:30 PM
And Gox refusing to play along.
Gox and Stamp are not refusing. There are some very big Players on Stamp, Gox and BTChina that are trying to stabilize the price. They are eating thousands of coins...
December 16, 2013, 09:08:18 PM
BTC is correcting back to 140$... Where it was sitting comfortably for weeks before China inflated it.
December 16, 2013, 09:07:48 PM
China still has currency export controls. Of course they are going to shut down BTC on the mainland. Maximum fiat withdrawal for mainlanders without guanxi is still USD50,000 per annum.
December 16, 2013, 09:07:12 PM
So only the Chinese government is allowed to work as a Bitcoin exchange in China now?
No, not quite what we said. But I'm sure they like your idea
Well, it seems that all the players in the chain (banks, exchanges, moneytransfers) are coming under pressure in one form or another. Remember in China you can't go "oh I disagree with this"...they drive over you in a tank. People are spooked and leaving the market. I imagine the manipulators have seen the situation and decided to take advantage further compounding the losses.
With christmas next week the market was always going to be weakened...my strategy (not particulalry imaginative I know) is to hold...don't accept losses, just remember this is BTC and by the end of March will prob be worth $2K.
December 16, 2013, 09:06:33 PM
There seems to be 0 fiatskis enterings BTChina. Almost out of fiat there (at the rate we are going).
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