Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31030. (Read 26712842 times)

legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
3800 and still counting down

A dead cat bounce down the stairs. There seems to be discussion that you can still withdraw your funds from exchanges, you just can't fund them. So we might be seeing people just cashing out and calling it a day.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
3800 and still counting down
Kj1
sr. member
Activity: 434
Merit: 250
CHOOCHOOO MOTHERFERS
To the moon!
Buy Buy Buy!
It'll be a weekend rally!

Glad i didn't listen to you guys Cheesy Cheesy
hero member
Activity: 826
Merit: 508
WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE  Grin Cheesy Grin Cheesy Grin Cheesy Grin Cheesy
N12
donator
Activity: 1610
Merit: 1010
When it rains, it pours. Expect more bad news.
legendary
Activity: 1178
Merit: 1014
Hodling since 2011.®
I will buy 50 for 30...
full member
Activity: 140
Merit: 100
Bitcoin - love & hate
fist time i made market sell order...

SELL



3836 CNY...

3820CNY! YEAH!

Epic Bulltrap closed.
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
OKCoin is reporting they had a theft of over $100,000.  Undecided

Of course, that isn't so big in bitcoin land, but it's going to be bad combo of bad news. Not only have they been robbed, but now no way to get more money in the system. One wonders if they might be stuck fractional reserve trading. Of course- not like I could understand something like that through google translate, but more doom and gloom.

https://translate.googleusercontent.com/translate_c?act=url&depth=1&hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=zh-CN&tl=en&u=https://bitcointalk.org/index.php%3FPHPSESSID%3Dcojnmnqfdembvvqfi8907ovvn0%26topic%3D371675.msg3988620&usg=ALkJrhhw5dfkKJgVCgEfGXvHQOJT19Y02A#msg3988620
legendary
Activity: 2156
Merit: 1070
If I were chinese I would buy the BTC, withdraw, and then sell OTC, since there won't be any other ways for getting BTC for chinese people in the future.

Who is going to buy your BTC? It's not like they can give you a crappy rate and turn around and sell them on the exchanges, can they? We were silly to be so gung how about China in the first place.

Well this is worse case scenario.

And ideally we all would have loved for China to help bitcoin reach new heights. But, I put up a poll just 2 weeks ago, asking what would happen if bitcoin got banned in China. I put up that poll because it just felt wrong to have China so bullish on bitcoin. Its a communist state. China are copiers, not innovators. America is an innovator. That is what we do.

So, worst case scenario bitcoin lives without China now. Long term I think this is just fine.
sr. member
Activity: 644
Merit: 250
https://primedao.eth.link/#/
This is a great time for my BTC to be trapped in an exchange huh?
hero member
Activity: 601
Merit: 503
fist time i made market sell order...
legendary
Activity: 1680
Merit: 1045
full member
Activity: 140
Merit: 100
Bitcoin - love & hate
3900 and counting down

If we breach 3821, bulls are doomed.

3878! Falling.. 3858
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
3900 and counting down
N12
donator
Activity: 1610
Merit: 1010
We were silly to be so gung how about China in the first place.
Yes, we were.

I predict a massive rise in anti-Chinese sentiment among younger geeks in Europe and North America as this bear market unfolds.
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
If I were chinese I would buy the BTC, withdraw, and then sell OTC, since there won't be any other ways for getting BTC for chinese people in the future.

Who is going to buy your BTC? It's not like they can give you a crappy rate and turn around and sell them on the exchanges, can they? We were silly to be so gung how about China in the first place.
Someone who wants to own assets that can escape capital controls.  A rich chinese guy that thinks about a future abroad.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
If I were chinese I would buy the BTC, withdraw, and then sell OTC, since there won't be any other ways for getting BTC for chinese people in the future.

Who is going to buy your BTC? It's not like they can give you a crappy rate and turn around and sell them on the exchanges, can they? We were silly to be so gung how about China in the first place.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
Does anyone have a link for the latest news from China? I'm a little groggy from an all night booze up.

Supposidly Chinese government has banned payment processors from working with Bitcoin exchanges. Leading to the "ok situation" where you can buy and sell bitcoins and withdraw your cash, but you can't put more cash back into the system. (Huh?)

http://www.coindesk.com/china-bans-payment-companies-working-bitcoin-exchanges-sources-claim/

Unfortunately, it seems to be shaping up to be true. :-(

Thanks

Shit, and because of the advice of you dumbasses I reserved half. Fuck!

teach you to listen to us

I should have known better. lol

I did it too...

so now we sell into this 20% drop???

F that, lets see how this plays out.

I may as well at this point.
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