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2221  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2014, 12:42:40 PM
Did anyone verify the chinese news today is real? I looked at the link and it was something something xxx ching chang.chong and I didn't want to go because it might be a virus.

It was just a rehash of whats already been said countless times. There hasnt been any news out of China since Dec 15th the situation is exactly the same now as it was then.

In other news the west seems to be overtaking China. There way of telling the Chinese they dont care for their FUD???

By real I mean the article isn't a complete fabrication by a trader.

Who knows, the majority of the news is badly translated and from questionable sources. It wouldn't suprise me if the majority of it is from traders and people with friends in the right places.
2222  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2014, 12:38:26 PM
Did anyone verify the chinese news today is real? I looked at the link and it was something something xxx ching chang.chong and I didn't want to go because it might be a virus.

It was just a rehash of whats already been said countless times. There hasnt been any news out of China since Dec 15th the situation is exactly the same now as it was then.


Just funny how everytime we come to major trend lines some magic re hash of China bans Bitcoin springs out.

2223  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2014, 12:29:13 PM


Yes, there is no upside to using bitcoins for whatever, besides tax evasion.

Hilarious, Im sure your trolling and if your not then you are beyond hope.

I think we can agree to disagree.

No we can't.

What planet are you living on.
2224  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2014, 12:25:25 PM


Yes, there is no upside to using bitcoins for whatever, besides tax evasion.

Hilarious, Im sure your trolling and if your not then you are beyond hope.
2225  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2014, 12:22:59 PM

Have also noticed that Bitstamp are becoming tighter and tighter with allowing deposits to register in peoples accounts. I sent over just $3K the other day and again, they are wanting me to 'prove' where I am getting it from. I told them to fuck off. I am getting my money back, I can't see how I am going to get any amount of money back onto that exchanges cos no way am I giving them any personal details of the description that they are asking for. Bet there are quite as lot of Bitcoiners who are feeling the same. Not exactly conducive to increased adoption is it?

That's very interesting and I agree, not conducive to increased adoption.
I wonder what the perma bulls (aminorex, risto) think of this.
Thanks Mat.

It depends how you look at it, they arent asking for proof its just normal KYC stuff, it shows more compliance if anything. If you have nothing to hide it makes no difference and if you do then pay the premium and use an exchange that isnt compliant. BTC-e or localbitcoins etc.

Isnt that exactly the reason people get into crypto, because they have somthing to hide?

It's not the main reason. And a lot of people actually like this.

Then what would be the other reasons?

Are you for real ?
2226  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2014, 12:22:41 PM


There's compliance and then there's taking the piss. They've been asking for tax returns among other things.

I havent experienced that yet. Thats slightly concerning...
2227  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2014, 12:17:19 PM

Have also noticed that Bitstamp are becoming tighter and tighter with allowing deposits to register in peoples accounts. I sent over just $3K the other day and again, they are wanting me to 'prove' where I am getting it from. I told them to fuck off. I am getting my money back, I can't see how I am going to get any amount of money back onto that exchanges cos no way am I giving them any personal details of the description that they are asking for. Bet there are quite as lot of Bitcoiners who are feeling the same. Not exactly conducive to increased adoption is it?

That's very interesting and I agree, not conducive to increased adoption.
I wonder what the perma bulls (aminorex, risto) think of this.
Thanks Mat.

It depends how you look at it, they arent asking for proof its just normal KYC stuff, it shows more compliance if anything. If you have nothing to hide it makes no difference and if you do then pay the premium and use an exchange that isnt compliant. BTC-e or localbitcoins etc.
2228  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2014, 12:08:40 PM
Elliot wave? I thought Elliot was waving from a train

Elliot stuck his neck out too far just before a tunnel.... RIP elliot.

Thanks my lunch is now on my computer screen.
2229  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2014, 11:23:56 AM
Huobis a scary place when it goes quiet.

I guarantee a lot of people lost money this morning.

Im not sure if anyone has any idea whether this is going up or down but with just a $40 drop on this 'news' it makes it less likely that China news is going to see us retesting those previous lows...
It's probably going to be more than $40 eventually. Wait till 4H MACDs go down.

We'll see, just as likely this all continues and it ends up being called an epic bear trap.
Price is way overdue for correction with or without news a drop to at least $450 some time in the next week is likely.

I dont think thats likely just because were overbought the only thing taking it there is more out of China, thats the only thing stopping this recovering even more. The bull run this morning would have continued absent China. We'll see but its only China taking it there.
2230  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2014, 11:10:23 AM
Huobis a scary place when it goes quiet.

I guarantee a lot of people lost money this morning.

Im not sure if anyone has any idea whether this is going up or down but with just a $40 drop on this 'news' it makes it less likely that China news is going to see us retesting those previous lows...
It's probably going to be more than $40 eventually. Wait till 4H MACDs go down.

We'll see, just as likely this all continues and it ends up being called an epic bear trap.
2231  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2014, 11:03:12 AM
Huobis a scary place when it goes quiet.

I guarantee a lot of people lost money this morning.

Im not sure if anyone has any idea whether this is going up or down but with just a $40 drop on this 'news' it makes it less likely that China news is going to see us retesting those previous lows...
2232  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2014, 10:42:38 AM
What alts are people in at the moment ? Theres been some wicked growth the last couple of days ?
2233  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2014, 10:21:12 AM
Ive never really sat and watched Huobis trades going through. My god that place is insane.

that place is fake...

It looks it but while the west follows its every move it cant be ignored!
2234  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2014, 10:17:52 AM
Ive never really sat and watched Huobis trades going through. My god that place is insane.
2235  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2014, 09:46:03 AM
This is just retarded lol. Might have to join Adam in the freezer!
2236  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2014, 09:31:52 AM
Wheres the news though ? That article just said the same thing thats been said 100 times?
2237  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2014, 09:19:56 AM
Kudos to myself for being spot on  Grin  Pboc story ain't finished

Look at that long Red wick on Huobi.. Chinese says Fuck u white boy!

Usually when the wick is that long, expect bad chinese news later on..

We are at the mercy of chinese traders. They get the news firsthand and sets the Trend, some bots that follows CNY movements eats part of the cake.
That is why pricing has been unpredictable for westerners. And I am totally uncomfortable with that. Until Huobi/okcoin gets shut down by PBOC or move out of china, I'm keeping my Fiat out of this gamble.


I believe we've just hit the top.

There was a lot of struggle in that pump

I agree, this current pump has no follow through. Soon it'l retrace back to 500, afterwards  sub 460 to test some support.
This rally will end soon as it cannot be sustained by enough bids (less than $11 million bids) and has been fueled mainly by china and previous sellers who believes 340 as bottom and getting back in. To summarize, bitcoiners have short memory about the situation with pboc and is currently blinded by 'fear' of missing the fantomatic moon train.

You should wait before patting yourself on the back we havent even retraced to $500...
2238  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2014, 09:08:39 AM
Seriously, we are going down because of another China rumour? This is a joke right?

Which China rumour is this ?
2239  Economy / Speculation / Re: Automated posting on: April 16, 2014, 09:02:44 AM

well, we can see that even if you didn't post it....

Somebody likes talking to robots Wink
2240  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: April 16, 2014, 09:01:37 AM
Fuck Bitfinex, seriously.

You open a multiple positions and then it lumps them into one large position and you either have to cancel/claim the whole order. You cant just close each order seperately.

Retarded.

You can sell / buy and the position will be affected Wink

Smart.

Still that makes managing your orders really confusing, why would they not list them seperately so you can monitor each position...
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