i need a cigarette this is too much   |
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If I were chinese I would buy the BTC, withdraw, and then sell OTC, since there won't be any other ways for getting BTC for chinese people in the future.
if no new money can flow into btcchina, but people can still withdraw money, btcchina is going to near 0. and some luck chinese guy will buy everyone bitcoin really cheap b4 btcchina is forced to close its doors. this is going to be brutal... Seriously dude? You are saying the bitcoins are worth nothing to people in china or foreigners who have funds there? Thats the whole point. Apparently you can GET your funds out, but you can put more in, so of course whats going to happen?!?!? bitcoin will hold its own for the rest of the world but this is really really really bad news but for all we knwo the translation was bad, and you will still be able to deopist CNY into BTCchina still i no longer want to catch the knife..... it already hurt me pretty bad today. I can never tell if you're serious, but I'm hoping for a bounce where I can sell maybe another 25% of my stash. Any plunge like this will bounce a lot, but this really is bad news. |
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If I were chinese I would buy the BTC, withdraw, and then sell OTC, since there won't be any other ways for getting BTC for chinese people in the future.
if no new money can flow into btcchina, but people can still withdraw money, btcchina is going to near 0. and some luck chinese guy will buy everyone bitcoin really cheap b4 btcchina is forced to close its doors. this is going to be brutal... Seriously dude? You are saying the bitcoins are worth nothing to people in china or foreigners who have funds there? Thats the whole point. Apparently you can GET your funds out, but you can put more in, so of course whats going to happen?!?!? bitcoin will hold its own for the rest of the world but this is really really really bad news but for all we knwo the translation was bad, and you will still be able to deopist CNY into BTCchina still i no longer want to catch the knife..... it already hurt me pretty bad today. |
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Anyone wanna catch this knife? I'm a little hesitant.
really bad news just just came out its kinda hear say atm but you can bet your ass this is going to break technicals, down down down I'll be a buyer in 3 days  |
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i wonder how low this will dip the US exchanges when its all said and done
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Bitcoin is officially dead! Time to move on with our lives!
but bitcoin was my life! |
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If I were chinese I would buy the BTC, withdraw, and then sell OTC, since there won't be any other ways for getting BTC for chinese people in the future.
if no new money can flow into btcchina, but people can still withdraw money, btcchina is going to near 0. and some luck chinese guy will buy everyone bitcoin really cheap b4 btcchina is forced to close its doors. this is going to be brutal... And then they'll dump the coins on Western exchanges. That's going to hurt too... not before Western exchanges have already dropped alot to price in this calamity omg this is so bad. |
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If I were chinese I would buy the BTC, withdraw, and then sell OTC, since there won't be any other ways for getting BTC for chinese people in the future.
if no new money can flow into btcchina, but people can still withdraw money, btcchina is going to near 0. and some luck chinese guy will buy everyone bitcoin really cheap b4 btcchina is forced to close its doors. this is going to be brutal... I hope Goat is still asleep. That bastard will buy it all before we get a chance. oh this sucks this sucks bad. |
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If I were chinese I would buy the BTC, withdraw, and then sell OTC, since there won't be any other ways for getting BTC for chinese people in the future.
if no new money can flow into btcchina, but people can still withdraw money, btcchina is going to near 0. and some luck chinese guy will buy everyone bitcoin really cheap b4 btcchina is forced to close its doors. this is going to be brutal... |
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Anybody find it VERY interesting that BTCChina is more resistant to the downtrend and at a fairly higher price than the other exchanges.
Seems like a disconnect to me. If this rally is predicated on China's bitcoin policies, then why are the chinese less bearish right now?
There is a possibility that the Chinese payment processors/banks are no longer willing or able to interface with the exchanges, and thus, CNY could be trapped and ultimately worthless, leading to a complete decoupling of the Chinese exchanges. Endgame would be that all bitcoins are withdrawn and there are no more trades. It's something I am watching, anyway. Watching. its all hear say atm but they said they would allow poeple to withdraw but not depist which is basically saying, its over for BTCCHINA smells fishy.... |
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Does anyone have a link for the latest news from China? I'm a little groggy from an all night booze up.
Supposidly Chinese government has banned payment processors from working with Bitcoin exchanges. Leading to the "ok situation" where you can buy and sell bitcoins and withdraw your cash, but you can't put more cash back into the system. (  ?) http://www.coindesk.com/china-bans-payment-companies-working-bitcoin-exchanges-sources-claim/Unfortunately, it seems to be shaping up to be true. :-( Thanks Shit, and because of the advice of you dumbasses I reserved half. Fuck! teach you to listen to us I should have known better. lol I did it too... so now we sell into this 20% drop??? F that, lets see how this plays out. |
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How does the Chinese government proclaim to everyone through government videos, the great and amazing Bitcoin, only to outlaw its use a few months later?
Some official buys... pumps it for all its worth, and sells just before the higher ups say no. agreed wtf... i dont knwo what to think anymore.... |
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Does anyone have a link for the latest news from China? I'm a little groggy from an all night booze up.
Supposidly Chinese government has banned payment processors from working with Bitcoin exchanges. Leading to the "ok situation" where you can buy and sell bitcoins and withdraw your cash, but you can't put more cash back into the system. ( ?) http://www.coindesk.com/china-bans-payment-companies-working-bitcoin-exchanges-sources-claim/Unfortunately, it seems to be shaping up to be true. :-( fuck. |
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@Adam for what is this countdown?
its almost over. 1 lol, nice one  ! thats kinda scary.... |
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@Adam for what is this countdown?
its almost over. 1 |
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bids are pulling back, and another rebounce
why do poeple market buy when they can just place bids? ?  2 |
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better than television, I tell ya
i pay good money for cable, i dont use it, i have more fun here 3 |
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phhh noobs
5
Dump till 400$ incoming. I would sell before! Don't be a pig, just SELL NOW! Bottom could be 150$, if we really crash at the starting point in november. But probably at least double the starting value, that would be 300$. Bottom could be 1$ IDK all i know is that wood floats 4 |
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