Bitcoin Forum

I thought we would be lower by now, where's my sub $300 coins!!!  :(

Dude, wait for single digits!

Dude, wait for no digits!

I'm getting paid when it's negative.

I'm buying them when they're complex numbers.

Find a whale, convince him he's an idiot for holding. He'll dump his coins, you buy them sub $300. Simple!  :P

Find a whale, kill it, sell it to Japan for Bitcoin!

Patience, young grasshopper.

T-Minus 5-10 hours for $300...


I'll be in the bear cave, LOL.

Heh, well when the Chinese wake up, I am also anticipating a big sell off.  We'll probably approach $400 on stamp.  Just a guess.  Of course, there may be enough whales waiting in the wings to push the tide back.  We'll see.

Chinese sold today already, they cannot sell every day the same Bitcoins!
If you missed the bottom, Im sorry

This!

Another chinese sell off anticipated tmrw I guess. Unless everyone exited in the past 3 days

tomorrow as in today? its 6:40am in china

Bitcoin is looking weak again. Coming off tempory highs.

We may very well see another downturn tonight.

I buy only when the exchange rate is an irrational number  ;D

Because people are buying up 'cheap' coins.

Market pressure is clearly downwards. This will break 470 and will trend down gradually towards 320 or even less.

With china more or less out of the game, those buying now will be regretting when it hits 300s.


Brief bounce seems to have passed. Down again.

It does look like that. The price seems to be holding very weakly around this point. Lets face it if people thought bitcoins were dirt cheap they would be scooping them up. The price would easily skyrocket forward as we all know.

Seems to be going down slowly, getting close to the $400 range on some exchanges.

Its hard to believe a recovery from $550's is going to happen now, as it would have already happened.

They have till jan 31 to get their money out, so the exit of capital will happen gradually between now and then.

Most Bitcoins sold already I guess, it would be dumb to wait with the selling if your decided to go out

I agree, the first initial fall has happened and the following declines will be less and less severe or so it would seem...

i will sell when the price is NaN

I will buy when the price won't be a silent NaN.

Where did you get this information about "Jan 31 to get their money out?"  I live in China, and trade bitcoin in btcchina (and OTC).  I have not seen this information, and I read Chinese.  I think this is FUD.

Regardless, the big players in China will use local and OTC transactions anyway...  better to be anonymous when you are stashing your "hong bao"  (red envelopes, aka "bribes")  and evading capital controls  ;D

Governments and banksters can and will fight bitcoin ... they may slow down the adoption curve by making it inconvenient for casual users, but they cannot stop bitcoin !

Here is the official statement (nd translation) on btcchina website:
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Dear bitcoin China (BTC China) users: due to well-known reasons, bitcoin China (BTC China) had to temporarily freeze the recharging function, bitcoin charging, coins and currency are not affected, bitcoin China (BTC China) will continue to operate. Please continue to focus on our home page, we will provide other means of recharging. To bring you any inconvenience, we express profound apology. Bitcoin China (BTC China) 2013.12.18
---
亲爱的各位比特币中国(BTC China)用户：由于众所周知的原因，比特币中国(BTC China)不得不暂时停止人民币充值功能，比特币充值、比特币提现和人民币提现不受影响，比特币中国(BTC China)会继续运营。请大家继续关注我们的主页，我们会尽快提供其他的充值途径。给您带来的不便，我们在此表达深深的歉意。比特币中国(BTC China)2013.12.18

How dare you contradict FUD and panicking with actual facts!   :D

I'm buying back into bitcoin when the price is an irrational number. 

I think there's gonna be a gradual decline till it starts rising again in the new year

As far as I know this hasn't been confirmed yet but all the other parts about the rumour which people screamed FUD about have now been confirmed.

Wrong.  The problem was a technical one:  the payment processor the china bitcoin exchanges used to xfer to the banks can no longer trade bitcoin.  So the exchanges scrambled to come up with alternatives.  Two of the china exchanges started accepting RMB again from banks and wire transfer already today (huobi.com and chbtc.com), and btcchina is expected to have their solution ready soon, per their website.

Once again people panic sell on rumor and FUD.

So, I suggest loading up on cheap bitcoin before the news trickles out to the world that China did not, in fact, ban bitcoin !   ;D

I never once said that, we'll see how this plays out.