One Chinese blog's view on it:
http://p2pbucks.com/?p=9237
(use gtranslate)
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32020. (Read 26608322 times)
November 14, 2013, 03:49:50 PM
November 14, 2013, 03:49:09 PM
I mean really though guys what is there to worry about? A bunch of old senators who can't comprehend a bitcoin, whose campaigns are single handily funded by the greedy corrupt business' and banking establishments of the free world that bitcoin was created to combat, sitting around deciding the regulations for said virtual currency. I totally see them welcoming it with open arms. 
November 14, 2013, 03:47:37 PM
It is the speculation thread, but I suspect China will follow Stamp and Gox in a massive selloff. They have more weak hands than anybody at the moment, because they represent the most new money. Should the bearish signals prove to be true of course.
single digits by friday.
Is it possible the price could go negative with bitcoin?
Yes, it is...https://bitcointalksearch.org/topic/mike-hearn-foundations-law-policy-chair-is-pushing-blacklists-right-now-333824
Think you grabbed the wrong quote yo...negative value vs black/red listing addresses/coins
November 14, 2013, 03:43:31 PM
It is the speculation thread, but I suspect China will follow Stamp and Gox in a massive selloff. They have more weak hands than anybody at the moment, because they represent the most new money. Should the bearish signals prove to be true of course.
single digits by friday.
Is it possible the price could go negative with bitcoin?
Yes, it is...https://bitcointalksearch.org/topic/mike-hearn-foundations-law-policy-chair-is-pushing-blacklists-right-now-333824
November 14, 2013, 03:39:29 PM
gox lag 60 seconds -> panic
It is higher than normal. I see about 30-50 seconds lag indicated on Clark Moody
November 14, 2013, 03:37:38 PM
It is the speculation thread, but I suspect China will follow Stamp and Gox in a massive selloff. They have more weak hands than anybody at the moment, because they represent the most new money. Should the bearish signals prove to be true of course.
Right, chinese are a big X factor, most newcomers are weak hands and many chinese are new to the game.We don't know how much money is being injected, how much volume is real and not traded over and over with 0 fees. Another worst case scenario, Chinese authorities can blacklist btcchina website at a whim and panic will ensue.
The great firewall isn't that great. Easily bypassed with the right tools. And the folks that are investing heavily in BTC from China likely know those tools and their way around TGF.
I've personally gone around TGF on many occasions.
Sure it can be circumvented, panic will ensue because of the message that it would deliver: that authorities would be against bitcoin. And most chinese, by fear, abide by the regime's rules.
November 14, 2013, 03:35:07 PM
It is the speculation thread, but I suspect China will follow Stamp and Gox in a massive selloff. They have more weak hands than anybody at the moment, because they represent the most new money. Should the bearish signals prove to be true of course.
single digits by friday.
Is it possible the price could go negative with bitcoin?
Not unless you were willing to pay someone to transfer your bitcoin to them...
November 14, 2013, 03:34:11 PM
It is the speculation thread, but I suspect China will follow Stamp and Gox in a massive selloff. They have more weak hands than anybody at the moment, because they represent the most new money. Should the bearish signals prove to be true of course.
single digits by friday.
Is it possible the price could go negative with bitcoin?
November 14, 2013, 03:30:56 PM
It is the speculation thread, but I suspect China will follow Stamp and Gox in a massive selloff. They have more weak hands than anybody at the moment, because they represent the most new money. Should the bearish signals prove to be true of course.
single digits by friday.
November 14, 2013, 03:30:51 PM
And here we go. My prediction; large sell off ($350) followed by a prop up the market buy ($400) then massive sell to shake the weak hands and get their coins cheap ($215)
November 14, 2013, 03:29:11 PM
authorities can blacklist btcchina website at a whim and panic will ensue.
That is one of my biggest concerns.
And TGF is there, people may know there way around it but if BTC goes to black market only with a US regulated market and a black market in China expect a serious nose dive.
November 14, 2013, 03:28:19 PM
gox lag 60 seconds -> panic
November 14, 2013, 03:25:40 PM
It is the speculation thread, but I suspect China will follow Stamp and Gox in a massive selloff. They have more weak hands than anybody at the moment, because they represent the most new money. Should the bearish signals prove to be true of course.
Right, chinese are a big X factor, most newcomers are weak hands and many chinese are new to the game.We don't know how much money is being injected, how much volume is real and not traded over and over with 0 fees. Another worst case scenario, Chinese authorities can blacklist btcchina website at a whim and panic will ensue.
The great firewall isn't that great. Easily bypassed with the right tools. And the folks that are investing heavily in BTC from China likely know those tools and their way around TGF.
I've personally gone around TGF on many occasions.
November 14, 2013, 03:23:18 PM
It is the speculation thread, but I suspect China will follow Stamp and Gox in a massive selloff. They have more weak hands than anybody at the moment, because they represent the most new money. Should the bearish signals prove to be true of course.
They might have weak hands but they cant dump piles and piles as no one there has 10000 coins to drop.
You're wrong. When/if "they" start selling it will be all at once. You take thousands of "them" with 20-50 coins each that Raquel's a heft dump. Combine that with the rest of the world who would love to force weak hands to give up cheap coins and we will see a huge dip.
November 14, 2013, 03:22:20 PM
It is the speculation thread, but I suspect China will follow Stamp and Gox in a massive selloff. They have more weak hands than anybody at the moment, because they represent the most new money. Should the bearish signals prove to be true of course.
Right, chinese are a big X factor, most newcomers are weak hands and many chinese are new to the game.We don't know how much money is being injected, how much volume is real and not traded over and over with 0 fees. Another worst case scenario, Chinese authorities can blacklist btcchina website at a whim and panic will ensue.
November 14, 2013, 03:22:04 PM
It is the speculation thread, but I suspect China will follow Stamp and Gox in a massive selloff. They have more weak hands than anybody at the moment, because they represent the most new money. Should the bearish signals prove to be true of course.
They might have weak hands but they cant dump piles and piles as no one there has 10000 coins to drop.
That may be, but I don't see how that will prevent Stamp and Gox from dumping and in turn them following suit.
November 14, 2013, 03:17:14 PM
Overall sentiment is changing in a bearish direction, very quickly all over this forum. From people expecting a crash from rising too fast, to Mike Hearns, Coin Validation, etc. The writing is on the wall. All it takes is for a whale or two to want to be first to take some profits. In times like these, in USD I trust. 
do you think China gives a sh!t about what the USG is going to force businesses within the US to do?
No.
In time, there will be two BTC markets. The "Legal" market, which is the US-based market, and then the "Red" market... which is the Asia based market.
*fyi*~there is a "red road" market in The States too bud!
>> $looks to me like we are just having another 420 "reload" smoke break!~jmho~
November 14, 2013, 03:11:31 PM
It is the speculation thread, but I suspect China will follow Stamp and Gox in a massive selloff. They have more weak hands than anybody at the moment, because they represent the most new money. Should the bearish signals prove to be true of course.
November 14, 2013, 03:11:22 PM
Overall sentiment is changing in a bearish direction, very quickly all over this forum. From people expecting a crash from rising too fast, to Mike Hearns, Coin Validation, etc. The writing is on the wall. All it takes is for a whale or two to want to be first to take some profits. In times like these, in USD I trust.
You're forgetting about the chinese. Once they wake up this thing will go up again because they don't really care about any of that.
November 14, 2013, 03:11:06 PM
Overall sentiment is changing in a bearish direction, very quickly all over this forum. From people expecting a crash from rising too fast, to Mike Hearns, Coin Validation, etc. The writing is on the wall. All it takes is for a whale or two to want to be first to take some profits. In times like these, in USD I trust.
do you think China gives a sh!t about what the USG is going to force businesses within the US to do?
No.
In time, there will be two BTC markets. The "Legal" market, which is the US-based market, and then the "Red" market... which is the Asia based market.
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