Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31384. (Read 26608361 times)
December 05, 2013, 04:04:54 AM
huge btc dump (10K+) ongoing from a couple of minutes crashing the price (to 860 on bitstamp). now first green line back up to $1000
December 05, 2013, 04:04:25 AM
Well.
An outright ban in a major country will be ugly, we know that now.
Anything else and we're fine.
An outright ban in a major country will be ugly, we know that now.
Anything else and we're fine.
December 05, 2013, 04:04:11 AM
Some chump change got released from loan, so I got to buy at $920 on finex, looking like a good deal so far.
December 05, 2013, 04:03:03 AM
December 05, 2013, 04:02:11 AM
December 05, 2013, 04:01:28 AM
I don't even understand why this is taken as bad news, its just neutral. Banks can't trade in bitcoins or take out insurance against them, hardly surprising. Individuals can do what they want but they accept the risk.
This is no change to how the rest of the world is working with Bitcoins. I'm surprised if any Chinese banks have invested in Bitcoins heavily anyway.
This is no change to how the rest of the world is working with Bitcoins. I'm surprised if any Chinese banks have invested in Bitcoins heavily anyway.
I think the catch is that China will now become even more of a USD black hole.
People with big positions in China are probably on "RECALCULATING..." mode.
December 05, 2013, 04:00:52 AM
I cant wait to see the reaction of people who sold now when the price recover
December 05, 2013, 03:58:59 AM
I smell bacon.....
December 05, 2013, 03:58:49 AM
someone got there 650 BTC order filled @1050 
December 05, 2013, 03:58:09 AM
Talk about overreacting. Wake me up when people calm down and realise that this isn't even particularly bad news and we're back at the ATH.
December 05, 2013, 03:56:36 AM
This is getting ugly!!! My last buying trade yesterday was 1147 on Bitstamp. Should have kept all in fiat!
Sold now at 970 and waiting for the bottom.
Sold now at 970 and waiting for the bottom.
December 05, 2013, 03:56:16 AM
As I know I can't act fast enough in these kind of situations
Wiser than most.
December 05, 2013, 03:56:08 AM
well, it seems its going into uncharted teritory
http://www.pbc.gov.cn/publish/goutongjiaoliu/524/2013/20131205153156832222251/20131205153156832222251_.html
http://www.pbc.gov.cn/publish/goutongjiaoliu/524/2013/20131205153156832222251/20131205153156832222251_.html
LOL Google translate:
""Notice" clearly the nature of Bitcoin that Bitcoin is not issued by the monetary authorities, such as not having sex with mandatory legal tender currency property, not the true meaning of money."
December 05, 2013, 03:55:47 AM
I'm a bit surprised by the weight of the reaction, to be honest.
As I know I can't act fast enough in these kind of situations, I'm just going to hold. Hope Gox doesn't go below $1000.
As I know I can't act fast enough in these kind of situations, I'm just going to hold. Hope Gox doesn't go below $1000.
December 05, 2013, 03:55:01 AM
140,000 BTC dumped inside 15 minutes. I am impressed that it's only down this much.
140k?! Are you serious?
Damn Bitcoin, you scary.
December 05, 2013, 03:54:56 AM
Bitstamp under $1000 now. Lame
Hardly. Good chance to nab another couple coins.
Looks like China's ticker is still bleeding red
Bitcoinity for china is lagging, actual bottom 4750, now 4900 ($803)
December 05, 2013, 03:54:47 AM
GODDAMN why does this always happen when I have no money on the exchange so I can jump in 
December 05, 2013, 03:54:35 AM
Quote
"Notice" clearly the nature of Bitcoin that Bitcoin is not issued by the monetary authorities, such as not having sex with mandatory legal tender currency property, not the true meaning of money.
Thanks, Google Translate.
December 05, 2013, 03:54:14 AM
140,000 BTC dumped inside 15 minutes. I am impressed that it's only down this much.
December 05, 2013, 03:51:53 AM
I don't even understand why this is taken as bad news, its just neutral. Banks can't trade in bitcoins or take out insurance against them, hardly surprising. Individuals can do what they want but they accept the risk.
This is no change to how the rest of the world is working with Bitcoins. I'm surprised if any Chinese banks have invested in Bitcoins heavily anyway.
This is no change to how the rest of the world is working with Bitcoins. I'm surprised if any Chinese banks have invested in Bitcoins heavily anyway.
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