Leaved the sinking Cryptcoin ship, hope Cloakcoin will return my loses.
do your own research. cloak works, crypt was just promises of something maybe working in the future... sounds familliar with most anon coins, well, except cloak lol Yes it's a hard lesson.
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Sold my cryptcoin lose 4.6 BTC.
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Leaved the sinking Cryptcoin ship, hope Cloakcoin will return my loses.
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The bears are shitting their pants.
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Read... Dear users of OKCoin:
Because our 3rd party payment card dealer (payment processor) just received notification to suspend our payment channel, Starting at 0:00 on April 3rd we will stop prepaid card recharges. Bank transfer recharge cards for yuan withdrawals are not effected. We apologize for any inconvenience.
OKCoin Bitcoin Trading Platform
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You won't see 10x again. The numbers are getting too big for that.
Based on what ? Science ? Based on the law of large numbers. However, as you saw in my post, I think we will see it one more time. in a several month span. Here's a link about this law. http://www.investopedia.com/terms/l/lawoflargenumbers.aspSo what ? this is about stocks, you can't buy 1 millionth of a stock share.
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Taxes put the great impact on the price.
Yes they killed the gold and stock market totally.
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The biggest pressure on me at the moment is that I have to both pay 2013 taxes and make estimates on 2014.
Taxes on profits, what you're expected ? make 100%s of profit with zero taxes ?
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Bitcoin could be worth nothing, or a lot of money, there is no middle ground.
Why not? Why couldn't it remain a niche crypto-libertarian currency whose value oscilliates between 300-600$ ? Although I'm quite sure it has what it takes to be worth more. It couldn't sustain at 1000 or 2000 dollars, you will get a very unstable store of value. Therefore, too low market cap makes it easily to manipulate.
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You won't see 10x again. The numbers are getting too big for that.
Based on what ? Science ?
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Well, the April spike saw a circa 25x increase in bitcoin's price while the last spike only had an 18x rise so the next wave up should increase by a smaller degree. I would guess no more than 10x if we have now bottomed so we'd be looking at a max of $4000.
We had 760 on 1 jan 2013, so a 10 x increase would bring us to 7600 dollars
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so OP is just FUD.
I think so , the Chinese are champions at large market manipulation.
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1) its fake and stupid 2) it was posted on april 1
on april 2 (today) btc risen then suddenly fell down. what explains the rise? it makes no sense
BTC38 has received instructions from central bank today. It's true, BTC ban incoming Reddit: Chinese-speaking trader here, and here is my translation. Let me know if the translation is not clear.
Regarding our temporary suspension of CNY deposits.
Dear Customers,
We regret to let you know that as of midnight tonight (Apr. 2), you will no longer be able to fund your CNY account at BTC38 due to the latest PBOC regulation enforcement. BTC38 had been using third-party payment agent to process funds and that is no longer allowed according to PBOC regulation. Therefore, we have to suspend deposits via BTC38 e-code as well as bank transfers (transfers in).
Recently, there are rumors on the Internet stating that the PBOC will shutdown all Chinese virtual currency trading platforms. Those are just rumors and the PBOC have stated that they have no plan to do so. Today's change to our platform is the PBOC's enforcement of their Dec. 5, 2013 regulation guidelines regarding virtual currency exchanges. The message was delivered to us this evening via our third-party payment providers and our banks.
Therefore, we will follow PBOC's regulations and temporarily suspend CNY deposits. CNY withdraws, Bitcoin / Alt-coins deposits and withdraws are not effected. BTC38 holds more than 100% reserve of clients fund. Please do not worry about your funds in our exchange. They are safe.
We have plans to deal with our current problems and vision for our exchange operation going forward. In the mean time, you can trade on our exchange as usual.
BTC38
April 2, 2014
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Reddit: Chinese-speaking trader here, and here is my translation. Let me know if the translation is not clear.
Regarding our temporary suspension of CNY deposits.
Dear Customers,
We regret to let you know that as of midnight tonight (Apr. 2), you will no longer be able to fund your CNY account at BTC38 due to the latest PBOC regulation enforcement. BTC38 had been using third-party payment agent to process funds and that is no longer allowed according to PBOC regulation. Therefore, we have to suspend deposits via BTC38 e-code as well as bank transfers (transfers in).
Recently, there are rumors on the Internet stating that the PBOC will shutdown all Chinese virtual currency trading platforms. Those are just rumors and the PBOC have stated that they have no plan to do so. Today's change to our platform is the PBOC's enforcement of their Dec. 5, 2013 regulation guidelines regarding virtual currency exchanges. The message was delivered to us this evening via our third-party payment providers and our banks.
Therefore, we will follow PBOC's regulations and temporarily suspend CNY deposits. CNY withdraws, Bitcoin / Alt-coins deposits and withdraws are not effected. BTC38 holds more than 100% reserve of clients fund. Please do not worry about your funds in our exchange. They are safe.
We have plans to deal with our current problems and vision for our exchange operation going forward. In the mean time, you can trade on our exchange as usual.
BTC38
April 2, 2014
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Just some idiots sold a lot of coins, but remind, for every dumped bitcoin is a buyer.
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I just talked to MY autistic friend, and he says cosmotard is retarded, along with HIS autistic friend.
I'm also autistic, i unconfirm cosmotard officially It's FUD.
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Bottom? 300? 200? 100? 50? 10? 5? 1? 5 dollar, i will pay you 10 dollar each now..
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