Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31316.

maz

full member

Activity: 140

Merit: 100

Quote from: molecular on December 06, 2013, 03:53:48 PM

Guys, just a question, I haven't been following the news...

Was there a second bad news item from China or are we still talking about the one about 45 hours ago?

Quote from: maz on December 06, 2013, 09:24:31 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?

Quote from: maz on December 06, 2013, 10:21:45 AM

http://jiasule.baidu.com/news/52a18454bf9efd290bfdcc69/

Dear acceleration music users:

Due to the recent fluctuations in the price of Bitcoin larger unable to protect the interests of users, in response to the risk of state-controlled bitcoin spirit Baidu music accelerate decision to suspend with immediate effect from accepting bitcoin buy accelerate music services.

Baidu acceleration music

Ignore the music part, thats bad translation

kurious

legendary

Activity: 2604

Merit: 1748

Not sure if this was alresdy posted - but it might cheer anyone who has been reading the last few pages Wink

http://news.cnet.com/8301-1023_3-57614720-93/bank-of-america-deems-bitcoin-the-next-big-thing/

tarmi

legendary

Activity: 1232

Merit: 1011

Quote from: molecular on December 06, 2013, 03:53:48 PM

Guys, just a question, I haven't been following the news...

Was there a second bad news item from China or are we still talking about the one about 45 hours ago?

well, for me at least, the second bad news was the fact that baidu collected 1.8 btc for its services before banning it.

QuestionAuthority

legendary

Activity: 2156

Merit: 1393

You lead and I'll watch you walk away.

Quote from: molecular on December 06, 2013, 03:53:48 PM

Guys, just a question, I haven't been following the news...

Was there a second bad news item from China or are we still talking about the one about 45 hours ago?

45 hours seems like an eternity here doesn't it?

Ivanhoe

hero member

Activity: 841

Merit: 1000

Quote from: maz on December 06, 2013, 03:54:40 PM

Quote from: Ivanhoe on December 06, 2013, 03:51:25 PM

Quote from: freethink2013 on December 06, 2013, 03:44:21 PM

seems like everyone but china is panicking about the news out of china

Media scared noobs with headlines like this: http://www.rtlnieuws.nl/economie/home/waarde-bitcoin-daalt-na-verbod-china "bitcoin loses value after China ban". Lot's of noobs bought BTC last weeks and they are now panicking. If you know how many phone calls I received this week with questions like: "What is a wallet? ", "I don't have a computer, can i buy bitcoins?". Good news for the big boys however who are still waiting on the sideline picking a good entry point.

Yes because your 3 friends are going to take us to the next ATH and compensate for China's game changing stance on Bitcoin. Please do help them to get their wallets up and running ASAP.

3? Lol and i prefer to call them customers.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: molecular on December 06, 2013, 03:53:48 PM

Guys, just a question, I haven't been following the news...

Was there a second bad news item from China or are we still talking about the one about 45 hours ago?

good question

idk,
but a second drop painting a higher low was expected.
Americans went nuts, not sure why.... but china is still leading the way so who cares.

freethink2013

full member

Activity: 224

Merit: 100

Quote from: crazy_rabbit on December 06, 2013, 03:52:56 PM

Quote from: Walsoraj on December 06, 2013, 03:48:21 PM

Quote from: adamstgBit on December 06, 2013, 03:44:29 PM

another day another dead bear, this is wonderfull

The day is still young, foolish bull.

In this case, I agree. I've put 25% of my BTC in FIAT and placed my bids accordingly, and I'm in the "buy and hold" camp. It looks (I might be wrong) like a surefire opportunity for profit. This will not be an optimistic weekend.

I tried to do the same but I was too late. Deffo an opportunity to get more coin this w/e

maz

full member

Activity: 140

Merit: 100

Quote from: Ivanhoe on December 06, 2013, 03:51:25 PM

Quote from: freethink2013 on December 06, 2013, 03:44:21 PM

seems like everyone but china is panicking about the news out of china

Media scared noobs with headlines like this: http://www.rtlnieuws.nl/economie/home/waarde-bitcoin-daalt-na-verbod-china "bitcoin loses value after China ban". Lot's of noobs bought BTC last weeks and they are now panicking. If you know how many phone calls I received this week with questions like: "What is a wallet? ", "I don't have a computer, can i buy bitcoins?". Good news for the big boys however who are still waiting on the sideline picking a good entry point.

Yes because your 3 friends are going to take us to the next ATH and compensate for China's game changing stance on Bitcoin. Please do help them to get their wallets up and running ASAP.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: johnblaze on December 06, 2013, 03:49:03 PM

Quote from: adamstgBit on December 06, 2013, 03:44:29 PM

another day another dead bear, this is wonderfull

dead bear?

the market is down $100 from the last day

100 whole dollars damn, how will we ever recover from such a crushing blow.

molecular

donator

Activity: 2772

Merit: 1019

Guys, just a question, I haven't been following the news...

Was there a second bad news item from China or are we still talking about the one about 45 hours ago?

crazy_rabbit

legendary

Activity: 1204

Merit: 1002

RUM AND CARROTS: A PIRATE LIFE FOR ME

Quote from: Walsoraj on December 06, 2013, 03:48:21 PM

Quote from: adamstgBit on December 06, 2013, 03:44:29 PM

another day another dead bear, this is wonderfull

The day is still young, foolish bull.

In this case, I agree. I've put 25% of my BTC in FIAT and placed my bids accordingly, and I'm in the "buy and hold" camp. It looks (I might be wrong) like a surefire opportunity for profit. This will not be an optimistic weekend.

freethink2013

full member

Activity: 224

Merit: 100

Quote from: johnblaze on December 06, 2013, 03:49:03 PM

Quote from: adamstgBit on December 06, 2013, 03:44:29 PM

another day another dead bear, this is wonderfull

dead bear?

the market is down $100 from the last day

down from a previous ath. this is just a correction and probably wouldn't even have happened if it wasn't for china.

What was the price two weeks ago? 850 is cheap coins despite all the 'bad' news

Ivanhoe

hero member

Activity: 841

Merit: 1000

Quote from: freethink2013 on December 06, 2013, 03:44:21 PM

seems like everyone but china is panicking about the news out of china

Media scared noobs with headlines like this: http://www.rtlnieuws.nl/economie/home/waarde-bitcoin-daalt-na-verbod-china "bitcoin loses value after China ban". Lot's of noobs bought BTC last weeks and they are now panicking. If you know how many phone calls I received this week with questions like: "What is a wallet? ", "I don't have a computer, can i buy bitcoins?". Good news for the big boys however who are still waiting on the sideline picking a good entry point.

freethink2013

full member

Activity: 224

Merit: 100

Quote from: crazy_rabbit on December 06, 2013, 03:45:57 PM

Quote from: freethink2013 on December 06, 2013, 03:44:21 PM

seems like everyone but china is panicking about the news out of china

Isn't it night time there right now?

Quote from: crazy_rabbit on December 06, 2013, 03:45:57 PM

Quote from: freethink2013 on December 06, 2013, 03:44:21 PM

seems like everyone but china is panicking about the news out of china

Isn't it night time there right now?

almost 5am yep. They seemed to drop then consolidate before bedtime though. They are the only exchange over 900

johnblaze

sr. member

Activity: 252

Merit: 250

Quote from: adamstgBit on December 06, 2013, 03:44:29 PM

another day another dead bear, this is wonderfull

dead bear?

the market is down $100 from the last day

Voodah

sr. member

Activity: 266

Merit: 250

Gox leaking market share every day. The last days of an era.

bitstamp 31.010%   45152.250   0.850 USD
mtgox*   30.000%   43688.600   0.871 USD
btce    29.750%   43320.360   0.880 USD

Walsoraj

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Activity: 686

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Ultranode

Quote from: adamstgBit on December 06, 2013, 03:44:29 PM

another day another dead bear, this is wonderfull

The day is still young, foolish bull.

crazy_rabbit

legendary

Activity: 1204

Merit: 1002

RUM AND CARROTS: A PIRATE LIFE FOR ME

Quote from: tHash on December 06, 2013, 03:47:03 PM

Quote from: CryptStorm on December 06, 2013, 03:38:44 PM

If this thing unrolls down to 500 or 350, as I hope it does, it's not going to happen this weekend, IMO. It will be all winter that we take a slide, bouncing off a moving average, finding new lows. It's the same as finding the $70 bottom from the April hike, and same as before that.

For this 'weekend' (it is a 24 hour market, yo), the massive downward pressure will overcompensate, and we'll likely retouch in the 1k range, though perhaps not seeing much higher than 1100 and bye-bye to 1200 for a while.

As stated before, there's time to unwind your positions, careful out there. *says while standing in front of mirror*

You and a LOT of other people as well are hoping for $500. Which is exactly why it probably won't. I suppose it could, which would be lucky for all of us, but I don't see it as likely. I would not unwind a position though, the main regret all of us here have is selling. We say at one point or another that it would have been nice to catch a top and then a bottom, but what keeps you up at night is knowing how many bitcoins you would have had if you had just held more at one time or another. Pick a portion to play with, but for your own sanity, put most in cold storage.

Don't be so sure about that. A long weekend of negative chit-chat could make people pretty pessimistic and more interested in sitting the game out for a few days.

Great potential for profit of course, but you know. It could happen.

crazy_rabbit

legendary

Activity: 1204

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RUM AND CARROTS: A PIRATE LIFE FOR ME

Quote from: ?? on ??

Quote from: tHash on December 06, 2013, 03:38:36 PM

Quote from: ?? on ??

This time the mainstream medias were involved. And be sure they will talk over and over and over about the crash to make sure everybody is scared for a long time.

Were you here in April?

I was not on this forum but I was in bitcoin. And nobody knew what a bitcoin was.

*sigh* I guess bitcoin is going to be like a persons sexuality. It doesn't matter how many times throughout history it's happened, every time it happens to you, its the first time.

but yeah, we've all already been there before.

tHash

sr. member

Activity: 260

Merit: 250

Quote from: CryptStorm on December 06, 2013, 03:38:44 PM

If this thing unrolls down to 500 or 350, as I hope it does, it's not going to happen this weekend, IMO. It will be all winter that we take a slide, bouncing off a moving average, finding new lows. It's the same as finding the $70 bottom from the April hike, and same as before that.

For this 'weekend' (it is a 24 hour market, yo), the massive downward pressure will overcompensate, and we'll likely retouch in the 1k range, though perhaps not seeing much higher than 1100 and bye-bye to 1200 for a while.

As stated before, there's time to unwind your positions, careful out there. *says while standing in front of mirror*

You and a LOT of other people as well are hoping for $500. Which is exactly why it probably won't. I suppose it could, which would be lucky for all of us, but I don't see it as likely. I would not unwind a position though, the main regret all of us here have is selling. We say at one point or another that it would have been nice to catch a top and then a bottom, but what keeps you up at night is knowing how many bitcoins you would have had if you had just held more at one time or another. Pick a portion to play with, but for your own sanity, put most in cold storage.

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