Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31054.

nanobrain

legendary

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Dumb broad

Quote from: ?? on ??

Quote from: nanobrain on December 16, 2013, 09:06:52 AM

...
2. Don't fool yourself that anyone in China understands a govt proclamation: such notices are notoriously opaque and open to various interpretations. Translation doesn't help clarify things but the chances are the average Chinese are just as confused as we are.

That's the impression I get from Chinese law too, it looks like they don't make hard fast laws with clear lines but give guidelines and stamp on anyone they feel is abusing them. According to the news so far Bitcoin businesses are booming in China and other than tight controls on exchanges no one one seems to be making any attempt to stop them.

EDIT: Bears are starting to show fear. Silly bears, that just encourages the predators Wink

That's correct - its essentially a difference between prescriptive and descriptive legislation, the former is much more pliable and allows for what might be interpreted as corruption but it is also in practice more responsive.
Government (Xinhua) press releases are the longest, most turgid and impenetrable pieces of prose you may ever come across...I swear it is done to bore the reader into submission.

RAJSALLIN

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Quote from: gandhibt on December 16, 2013, 09:17:22 AM

Quote from: RAJSALLIN on December 16, 2013, 09:15:41 AM

Quote from: gandhibt on December 16, 2013, 08:56:16 AM

sold 60 BTC at avg 780 at stamp bounce, i was wrong earlier, but luckily my trading is not based on my predictions, but to reacting what happens

You just said at 820 we were very over sold. You really seem to have no clue what so ever. My advice to you is just stick to your coins and don't try any short term tricks.

i said we were oversold not very oversold, there's a clear difference

Fair enough. RSI is not even close to oversold yet fyi.

TheCoinBull

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The title of this forum: The Epic Odyssey of Bitcoin Trolls, Bulls, and Bears - Lost in the Deep Web

TheCoinBull

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Merit: 100

Quote from: spooderman on December 16, 2013, 09:17:01 AM

I have been reading this thread for about 6 months. I don't think I missed a page. After having sold for the first time today, I've realized what an incredible waste of time it was!

+1

600watt

legendary

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Quote from: fr33d0miz3r on December 16, 2013, 08:57:35 AM

Quote from: 600watt on December 16, 2013, 08:54:58 AM

Is this the ship with the international "when-bitcoin-reaches-1000-dollar" party?

no, if btc goes down party will only get cheaper to attend. so no worries from our side.

if the party would be on a ship, expect soemthing like this:

gandhibt

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Quote from: RAJSALLIN on December 16, 2013, 09:15:41 AM

Quote from: gandhibt on December 16, 2013, 08:56:16 AM

sold 60 BTC at avg 780 at stamp bounce, i was wrong earlier, but luckily my trading is not based on my predictions, but to reacting what happens

You just said at 820 we were very over sold. You really seem to have no clue what so ever. My advice to you is just stick to your coins and don't try any short term tricks.

i said we were oversold not very oversold, there's a clear difference

spooderman

legendary

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I have been reading this thread for about 6 months. I don't think I missed a page. After having sold for the first time today, I've realized what an incredible waste of time it was!

crazy_rabbit

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RUM AND CARROTS: A PIRATE LIFE FOR ME

Panic buying on Stamp- time for me to sell again. :-)

bito

newbie

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Quote from: bito on December 16, 2013, 06:08:05 AM

Quote from: kurious on December 16, 2013, 05:55:40 AM

Whoever made the move - put that 870 wall in to put a little lid on it...

A few coins to take the world markets down this much is cheap for a manipulator.

But the market is way bigger than this move.

People will not want to sell at much below here, but they will want to buy.

HOLD.

The 621 coins that were at 870 were pulled after about 15 coins were bought into it. These coins mysteriously appeared when the 621 coins that had been at 915 for quite a while disappeared.

I call a bear trap.

EDIT: On gox

What do you know, 600ish odd coins at 850 were pulled when the price got within $5

It would be nice if someone took them off their hands

RAJSALLIN

hero member

Activity: 665

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Quote from: gandhibt on December 16, 2013, 08:56:16 AM

sold 60 BTC at avg 780 at stamp bounce, i was wrong earlier, but luckily my trading is not based on my predictions, but to reacting what happens

You just said at 820 we were very over sold. You really seem to have no clue what so ever. My advice to you is just stick to your coins and don't try any short term tricks.

TheCoinBull

full member

Activity: 126

Merit: 100

For anyone who forgot how this work, Bitcoin has a stable weekend, someone crashes on monday to create panic, not much panic ensures, except a few weak hands, followed by a rocket to the moon, watched to happen 40, 50 60.... times, where has everyone been? This forum is so damn time consuming

spooderman

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I have been reading this thread for about 6 months. I don't think I missed a page. After having sold for the first time today, I've realized what an incredible waste of time it was!

macsga

legendary

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Strange, yet attractive.

Barclays Bank Takes GBP Deposits For New UK Bitcoin Exchange Bit121
Joon Ian Wong (@joonian) | Published on December 15, 2013 at 12:50 GMT | Companies, Exchanges
barclays
Barclays is taking sterling deposits for a new bitcoin exchange, making it the only UK bank to do so currently.

Banks in the UK have avoided working with bitcoin exchanges so far, but customers of new bitcoin exchange Bit121 can deposit their sterling to a Barclays account with a Canary Wharf address.

The account belongs to a payment service provider called PacNet Services Ltd, which Bit121 works with. Barclays therefore does not have a direct relationship with the bitcoin exchange.

When contacted, Barclays refused to comment on its policy towards working with bitcoin exchanges.

Daniel Hunter, head of external communications at Barclays Corporate Banking explained:

http://www.coindesk.com/barclays-bank-uk-bitcoin-exchange-bit121/

seriouscoin

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Quote from: seleme on December 16, 2013, 09:09:41 AM

It's awful thing though that Bitcoin is starting to be reliant on what happens in China. We should never let us to be reliant on Chinese government's mood.

+1

I'm not a bear or bull. I've been neutral during all of this. But come on.... wtf ppl?
BTC isnt gonna be "backed" by Chinese. Get real

mmitech

legendary

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things you own end up owning you

Quote from: gandhibt on December 16, 2013, 08:56:16 AM

sold 60 BTC at avg 780 at stamp bounce, i was wrong earlier, but luckily my trading is not based on my predictions, but to reacting what happens

I am sure it will still drop, people are reacting to the change, they start buying thinking they will miss the chance if it will go up, but watching these days the price dropping makes me almost sure it will continue, there were so many good news and no bad news at all, but again price still drops.

we went too fast from the low of $85 in the 1st of October to 1242 in only 2 months, even the one who bought at 120 would think to cash some of the profit, so what do you think of people like me who bought some stash earlier ?

it will bounce back than test 700 than bounce back then test 600, than we will see what will happen after that.

seriouscoin

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Activity: 658

Merit: 500

Quote from: nanobrain on December 16, 2013, 09:06:52 AM

Quote from: accord01 on December 16, 2013, 08:17:57 AM

Sure, but why just now...?

This what I have just witnessed in the last 3 hours in chronological order:

5) BTCchina adds .3% fee, takes away tenpay option, asks for documentations from users... all this in the last several hours

Here's the thing, I'm sure chinese people can read Chinese better than us. Google translate does not work well with Chinese, since the tenses are all messed up.

A couple of points Accord1:
1. The request for documentation by BTChina was actually made a couple of weeks ago - I had to do it myself upon login. It wasn't a big deal and if you read the notice fully you'll see all users had to do it to resume trading. So, this happened some weeks back and didn't impact the market

2. Don't fool yourself that anyone in China understands a govt proclamation: such notices are notoriously opaque and open to various interpretations. Translation doesn't help clarify things but the chances are the average Chinese are just as confused as we are.

I heard there is a rumour that China wants to eliminate Kim from North Korean....
Atleast thats all over Weibo and the Chinese ppl wants NorthKorea to surrender to CCCP.

seleme

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Duelbits.com

It's awful thing though that Bitcoin is starting to be reliant on what happens in China. We should never let us to be reliant on Chinese government's mood.

nanobrain

legendary

Activity: 1008

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Dumb broad

Quote from: accord01 on December 16, 2013, 08:17:57 AM

Sure, but why just now...?

This what I have just witnessed in the last 3 hours in chronological order:

5) BTCchina adds .3% fee, takes away tenpay option, asks for documentations from users... all this in the last several hours

Here's the thing, I'm sure chinese people can read Chinese better than us. Google translate does not work well with Chinese, since the tenses are all messed up.

A couple of points Accord1:
1. The request for documentation by BTChina was actually made a couple of weeks ago - I had to do it myself upon login. It wasn't a big deal and if you read the notice fully you'll see all users had to do it to resume trading. So, this happened some weeks back and didn't impact the market

2. Don't fool yourself that anyone in China understands a govt proclamation: such notices are notoriously opaque and open to various interpretations. Translation doesn't help clarify things but the chances are the average Chinese are just as confused as we are.

danielW

sr. member

Activity: 277

Merit: 257

Quote from: seldon on December 16, 2013, 08:48:47 AM

Wow, it's always funny to see mood changes in this Thread..

@950 * to the moooon*
@900 * Beartrap!*
@850 * we're doomed*
@900 * Bulltrap!*
--> repeat from top

x2 people need to step back and chill.

barbs

hero member

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Merit: 1000

I really want to see this prick's 773 wall get owned

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