All this means is some Chinese gambling addicted grandma is going to end up holding 80% of all Bitcoins with no idea what they are but very happy she won so much.
LoL its funny cuz its true |
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http://china.dwnews.com/news/2013-12-16/59357811.htmlO M G ! ! ! TL;DR Translation: Satoshi Nakamoto located and apprehended by Chinese government. Was carrying emergency bitcoin shutoff code. Chinese government plans to use code to shutdown bitcoin network. Satoshi charged with criminal economic disruption. Coindesk is getting ready to publish an article corroborating this news from internal sources. This is the end guys. wowzers i guess i'll be buying retardedly cheap bitcoin in 3 days |
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I bet that those bid walls at bitstamp at 650 are fake.
when or after they are pulled out, we will have our catharsis.
do let us know how the hokus pokus trading strategy works out for you |
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I still haven't been able to figure out what's going on. All I see are sources. Sources everywhere. All referencing sources. I can't decide if I'm supposed to sell all my bitcoins or HL3 is coming out tomorrow. I'm so confused. Help!
hahahahahaha! lol yes! i know! wtf right HELP! hahahahaha! BRB, checking to see if HL3 is out... whats HL3 seriously tho... the answer is to never panic. you should have taken some profits already, and you should not be invested more then you can afford to lose. etc etc. if you understand how strong the fundamentals are you know to be a buyer in the bear market, and sell when the fallowing bull market runs over you |
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I still haven't been able to figure out what's going on. All I see are sources. Sources everywhere. All referencing sources. I can't decide if I'm supposed to sell all my bitcoins or HL3 is coming out tomorrow. I'm so confused. Help!
hahahahahaha! lol yes! i know! wtf right HELP! hahahahaha! |
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reddit.com/r/Bitcoin/comments/ sounds legit  |
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so no update on that china news.
i can't wait for an update, as i understand it, its not clear if deposits to BTCChain are really going to be stopped.
Yeah, its strange. At this point trying to sort out the damage to the Chinese exchanges are damn near impossible. One thing is for sure, Gox and Stamp have been really reluctant to go down. But if the Chinese exchanges are legitimately effected in a negative way, arbitrage will bring the other exchanges down. Long term we don't need China, they were/are like icing on the cake, but short term this will drive the narrative of the "crash" much like the issues at Gox drove the narrative on the last down turn. oh ya i hear you man, if its all true this is not the end of the world but a short term blow nonetheless. this thread, seems to think its all FUD. coindesk.com , it sounds ligiet, you'd think they would be carefull about spreading FUD without thinking. i'm never going to believe or read a word coindesk writes if this turns out to be FUD... |
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so no update on that china news.
i can't wait for an update, as i understand it, its not clear if deposits to BTCChain are really going to be stopped.
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i was panic selling in those days.... |
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Interesting, it shows the exact opposite of the long term charts, maybe trying to set a precedent for an inverse relationship between PM's and BTC? Gold parity was the breaking point, it'll be interesting to see how much more news tries to push an inverse relationship. Ok, PMs and bitcoin correlations are definitely interesting, but zerohedge (or one of the Tylers at least) can draw the most idiotic consequences sometimes in random noise. I don't remember the article, but in April boom they tried to correlate daily bitcoin movement with some minor macro trend, while there was much more relevant purely bitcoin related news going on, completely lost my respect for them back then. *check PMs* still not low enough... why do PMs move so slowly? |
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Good night, every one. I'll let the night decide if I made the right choice. I'll tell in the morning.
don't sleep tooo long you'll miss the top |
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You now need 100$ account balance in fiat or coins to chat @trollbox they should bump it up to 10K poeple would be watching what those trolls say all day long. |
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China is bouncing hard!
this news was a trap?
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China going down slowly. Not sure if I should buy back or not  Last crash played out over 2 days ( dec5-7 almost in to 8 ) however the low was hit about 24hrs from the first drop.. I sold at 870 had I waited 24 hrs I was laughing got back in much earlier and saved myself some stress but lost future profits. With that being said analyze the information you have.. and find a re-entry point(at a gain and loss) that seems reasonable since I believe you already sold. Either way you need to find a reason why you think the crash slides, drops or ends. Yes I sold at the bottom @650 and would be happy if I only could get my coins back. I had 35 coins before I registered here in the forum. With listening to some people here I panic sold so many times. With a loss of 4 BTC´s. And now I panic sold again because people here were writing it is the end, adam was even crying. So I sold all at the bottom. Looks like its better to move the coins to a wallet and forget the forum here. you just now figuring that out? lol sorry i get emotional sometimes, bitcoin is my life! |
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reading the news in google translate, it seems that maybe companies were trying to get around the regulations with the banks by using 3rd party financial services. The government feels this was against the spirit of the Dec 5th Guidance and has now shut down that avenue as well. Still bad. A few hours and the Chinese are up. Lets see what they think.  are they allowed to accept the bitcoin as payment, directly, without 3rd party, this could be bullish! |
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Will probably correct some more, but I'm not selling. We all know BTC's ultimate potential. In the end there will be less major price drops, because there will be widespread consensus about its possibilities. That means that people will not be prone to panic selling. I'm not selling. By doing that, the ultimate endgame scenario needs one person less in order to come to fruition.
this is why i am a buyer in a bear market ( its always short lived, take advantage of these drops! ) |
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China going down slowly. Not sure if I should buy back or not never go all in in one day |
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i need a cigarette this is too much  Don't do it; light up a cigar...  I promise. It's gonna be huge when reverted. This is orchestrated - nothing to do with news.  i realize that my bids are getting filled..... |
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