Chinese companies are removing their Bitcoin payment options because of the new ruling.
citation needed
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31127. (Read 26484627 times)
December 06, 2013, 10:25:03 AM
citation needed
December 06, 2013, 10:24:31 AM
Not to stir up the China news again, but for those who attempted to flip off the news as bullish, I fear that may have been a bit optimistic.
From yomofo's post on reddit/bitcoin
China Telecom page from last week. (note the btc logo) http://bitcoinexaminer.org/wp-content/uploads/2013/11/sdgfgh.jpg
China Telecom page from today. (note the btc logo is now gone) http://js.189.cn/w2014
And also Baidu are no longer accepting bitcoin by the looks of it, whom where arguably the start of this Chinese rally.
Although the government statement did not specifically ban companys from utilizing bitcoin, the Chinese people and company CEO's have become very adept at reading between the lines of what their government say.
Still bullish?
From yomofo's post on reddit/bitcoin
China Telecom page from last week. (note the btc logo) http://bitcoinexaminer.org/wp-content/uploads/2013/11/sdgfgh.jpg
China Telecom page from today. (note the btc logo is now gone) http://js.189.cn/w2014
And also Baidu are no longer accepting bitcoin by the looks of it, whom where arguably the start of this Chinese rally.
Although the government statement did not specifically ban companys from utilizing bitcoin, the Chinese people and company CEO's have become very adept at reading between the lines of what their government say.
Still bullish?
December 06, 2013, 10:22:27 AM
Breaking out of the triangle to the downside. Looking a bit bearish right now with all the bad news/uncertainty.
Remind me of the 'bad news/uncertainty' again? I think I'm doing OK keeping up with the news but I must either be missing something or filtering out what others are calling bad news. China just clarified matters, Greenspan ... well, bless, imagine my surprise, he can't see beyond 'intrinsic value', we have another economist trapped in the economists' paradigm, and fresh calls for 'bubble', 'tulips'. What am I missing please?Chinese companies are removing their Bitcoin payment options because of the new ruling. Bitstamp is behaving weirdly with their deposits/withdrawals. The one day MACD just crossed.
None of this matters even a hoot in the long-term of course.
December 06, 2013, 10:22:21 AM
Funny enough, $1000 starts to feel like 'normal'.
Funny enough there is so much tension in the air it does not feel like a normal at all
December 06, 2013, 10:19:39 AM
Funny enough, $1000 starts to feel like 'normal'.
December 06, 2013, 10:17:34 AM
Bitstamp selloff on low volume. Let's open the weekend dances.
December 06, 2013, 10:14:46 AM
Breaking out of the triangle to the downside. Looking a bit bearish right now with all the bad news/uncertainty.
Remind me of the 'bad news/uncertainty' again? I think I'm doing OK keeping up with the news but I must either be missing something or filtering out what others are calling bad news. China just clarified matters, Greenspan ... well, bless, imagine my surprise, he can't see beyond 'intrinsic value', we have another economist trapped in the economists' paradigm, and fresh calls for 'bubble', 'tulips'. What am I missing please? 
December 06, 2013, 10:04:46 AM
From what I read, it is only Bitcoins that create issues. So we do speak of an influx of BTC only. I´d say, once these coins hit the exchange, people are going to sell. My guess is <985 once issues are fixed.
Or people feel reassured and confident again because things are working like they should, and stop freaking out and selling the BTC they still have on balance on bitstamp.See, you can reason for the opposite to happen as well. That's why we are in the speculation subforum.
You are right, there is always room for speculation. Lets see how this is going to turn out. But why would you deposit BTC on Bitstamp anyway ? To keep them there ? Those people were hoping to sell at higher prices...
December 06, 2013, 10:01:59 AM
December 06, 2013, 10:00:24 AM
Breaking out of the triangle to the downside. Looking a bit bearish right now with all the bad news/uncertainty.
December 06, 2013, 09:54:48 AM
The thing is even with the new buyers coming in from the surge in interest last week, we couldn't keep it going. Come the weekend (with no new deposits) and into next week (with no surge in interest this week), I can't see prices going anywhere other than downwards for the short term.
December 06, 2013, 09:53:20 AM
There wasn't enough buying pressure to carry this up.
December 06, 2013, 09:52:28 AM
Quote
As I was planning to sell at $1009 I suppose bitstamp will refund me the difference if by any chance the price is lower when my coins are credited?
really ? don't go full retard, you will panic sell now and later when price bounce back you will feel sorry, you know history repeat it self .
Interesting, how opinions differ. I would sell asap, before all the others got their coins.... Good thing is, this is your decission
December 06, 2013, 09:51:24 AM
BTCChina not reachable?
December 06, 2013, 09:48:12 AM
Quote
As I was planning to sell at $1009 I suppose bitstamp will refund me the difference if by any chance the price is lower when my coins are credited?
really ? don't go full retard, you will panic sell now and later when price bounce back you will feel sorry, you know history repeat it self .
December 06, 2013, 09:44:04 AM
Not too much price action. I guess the fact that all bitcoins deposits and withdrawals from bitstamp have disappeared doesn't help.
http://www.reddit.com/r/Bitcoin/comments/1s8gfk/psa_do_not_withdraw_btc_from_bitstamp_at_this/
http://www.reddit.com/r/Bitcoin/comments/1s8gfk/psa_do_not_withdraw_btc_from_bitstamp_at_this/
I was just talking with an employee at Bitstamp and he told me they had a broadcast delay, and everything should be working now, I can try send some BTC my self and report back, but BTW why didnt you open a ticket and if you did what kind of answer you got ?
They take 2-3 days to respond to tickets. How did you contact them?
I live in the city where they operate and I know an employee personally, so I asked him.
just have some sense and be patient.
Sure some sense and be patient. I don't know why I get nervous when I have $20000+ in bitcoins that disappear in Slovenia without any explanations. By the way your friend lied as it is still not working.
he didn't lie, deposit is working, it is simply going to queue in their Data base, and when they fix the problem that caused this, they will release your funds and you can do wherever you want. now opening tickets about the same known problem that hundreds of users are still reporting wont make any difference, in fact you will just waste their time with complaining about the same thing that they are already working on.
so yes be patient and everything will be cool.
As I was planning to sell at $1009 I suppose bitstamp will refund me the difference if by any chance the price is lower when my coins are credited?
I would not count on this...
December 06, 2013, 09:31:03 AM
Not too much price action. I guess the fact that all bitcoins deposits and withdrawals from bitstamp have disappeared doesn't help.
http://www.reddit.com/r/Bitcoin/comments/1s8gfk/psa_do_not_withdraw_btc_from_bitstamp_at_this/
http://www.reddit.com/r/Bitcoin/comments/1s8gfk/psa_do_not_withdraw_btc_from_bitstamp_at_this/
I was just talking with an employee at Bitstamp and he told me they had a broadcast delay, and everything should be working now, I can try send some BTC my self and report back, but BTW why didnt you open a ticket and if you did what kind of answer you got ?
Does it mean that once the deposit issues are fixed, we can expect an influx of both BTC and USD and an increase in trading activity as the result?
>1025 tonight?
From what I read, it is only Bitcoins that create issues. So we do speak of an influx of BTC only. I´d say, once these coins hit the exchange, people are going to sell. My guess is <985 once issues are fixed.
See, you can reason for the opposite to happen as well. That's why we are in the speculation subforum.
You are right, there is always room for speculation. Lets see how this is going to turn out. But why would you deposit BTC on Bitstamp anyway ? To keep them there ? Those people were hoping to sell at higher prices...
If it was Bitfinex, where you can enter leveraged long positions with your bitcoin I would agree...
December 06, 2013, 09:25:36 AM
Not too much price action. I guess the fact that all bitcoins deposits and withdrawals from bitstamp have disappeared doesn't help.
http://www.reddit.com/r/Bitcoin/comments/1s8gfk/psa_do_not_withdraw_btc_from_bitstamp_at_this/
http://www.reddit.com/r/Bitcoin/comments/1s8gfk/psa_do_not_withdraw_btc_from_bitstamp_at_this/
I was just talking with an employee at Bitstamp and he told me they had a broadcast delay, and everything should be working now, I can try send some BTC my self and report back, but BTW why didnt you open a ticket and if you did what kind of answer you got ?
They take 2-3 days to respond to tickets. How did you contact them?
I live in the city where they operate and I know an employee personally, so I asked him.
just have some sense and be patient.
Sure some sense and be patient. I don't know why I get nervous when I have $20000+ in bitcoins that disappear in Slovenia without any explanations. By the way your friend lied as it is still not working.
he didn't lie, deposit is working, it is simply going to queue in their Data base, and when they fix the problem that caused this, they will release your funds and you can do wherever you want. now opening tickets about the same known problem that hundreds of users are still reporting wont make any difference, in fact you will just waste their time with complaining about the same thing that they are already working on.
so yes be patient and everything will be cool.
December 06, 2013, 09:22:43 AM
Not too much price action. I guess the fact that all bitcoins deposits and withdrawals from bitstamp have disappeared doesn't help.
http://www.reddit.com/r/Bitcoin/comments/1s8gfk/psa_do_not_withdraw_btc_from_bitstamp_at_this/
http://www.reddit.com/r/Bitcoin/comments/1s8gfk/psa_do_not_withdraw_btc_from_bitstamp_at_this/
I was just talking with an employee at Bitstamp and he told me they had a broadcast delay, and everything should be working now, I can try send some BTC my self and report back, but BTW why didnt you open a ticket and if you did what kind of answer you got ?
Does it mean that once the deposit issues are fixed, we can expect an influx of both BTC and USD and an increase in trading activity as the result?
>1025 tonight?
From what I read, it is only Bitcoins that create issues. So we do speak of an influx of BTC only. I´d say, once these coins hit the exchange, people are going to sell. My guess is <985 once issues are fixed.
See, you can reason for the opposite to happen as well. That's why we are in the speculation subforum.
December 06, 2013, 09:13:51 AM
Not too much price action. I guess the fact that all bitcoins deposits and withdrawals from bitstamp have disappeared doesn't help.
http://www.reddit.com/r/Bitcoin/comments/1s8gfk/psa_do_not_withdraw_btc_from_bitstamp_at_this/
http://www.reddit.com/r/Bitcoin/comments/1s8gfk/psa_do_not_withdraw_btc_from_bitstamp_at_this/
I was just talking with an employee at Bitstamp and he told me they had a broadcast delay, and everything should be working now, I can try send some BTC my self and report back, but BTW why didnt you open a ticket and if you did what kind of answer you got ?
Does it mean that once the deposit issues are fixed, we can expect an influx of both BTC and USD and an increase in trading activity as the result?
>1025 tonight?
From what I read, it is only Bitcoins that create issues. So we do speak of an influx of BTC only. I´d say, once these coins hit the exchange, people are going to sell. My guess is <985 once issues are fixed.
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