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4661  Economy / Speculation / Re: BTCChina start to charge trading fees now, another sell off may be expected. on: December 16, 2013, 03:52:58 PM
Laughing hard at people that thought no fees policy would last forever.
4662  Economy / Speculation / Re: BTCChina start to charge trading fees now, another sell off may be expected. on: December 16, 2013, 03:45:18 PM
Why would it cause a selloff? Buying or Selling now costs money to do. People should now be less likely to trade. (Not to mention, make BTCChina some nice money!)

Well, Bitcoin whales would be a bit more discouraged from rolling Bitcoins around various accounts in order to bid the price up.

or to push it down Wink
4663  Economy / Speculation / Re: Automated posting on: December 16, 2013, 03:38:22 PM


Sorry for my ignorance but what does this chart actually mean?
Nothing, which is why I have it ignored.

it means alot.

its shows everyones bids and ask.

you should not focus solely on the bids and asks to do your trading, but it a useful piece of info.

You could see it on many other places in some normal, not fancy-confusing way. Ignored for months Cheesy

this chart is for the pros

its not at all confusing when you understand this bid/ask sum, charts.

I must be a proud amateur then Cheesy

I don't need any 3d fancy chart to check bid and ask sums.

i'm a pro and i require the 3d chart  Cool

I'm jealous Cheesy
4664  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 16, 2013, 03:32:56 PM
it is still early for me to buy back, maybe I will wait for 600-650 if this wont happen, than I will withdraw my cash Smiley , But I am still not convinced about going up, I think we will be testing the 600 today-tomorrow

exactly same here. 20k waiting for real cheap stuff, if it doesn't happen, I'm way overdue to withdraw some fiat from my bitcoin adventure.
4665  Economy / Speculation / Re: Automated posting on: December 16, 2013, 03:31:46 PM


Sorry for my ignorance but what does this chart actually mean?
Nothing, which is why I have it ignored.

it means alot.

its shows everyones bids and ask.

you should not focus solely on the bids and asks to do your trading, but it a useful piece of info.

You could see it on many other places in some normal, not fancy-confusing way. Ignored for months Cheesy

this chart is for the pros

its not at all confusing when you understand this bid/ask sum, charts.

I must be a proud amateur then Cheesy

I don't need any 3d fancy chart to check bid and ask sums.
4666  Economy / Speculation / Re: Automated posting on: December 16, 2013, 03:19:28 PM


Sorry for my ignorance but what does this chart actually mean?
Nothing, which is why I have it ignored.

it means alot.

its shows everyones bids and ask.

you should not focus solely on the bids and asks to do your trading, but it a useful piece of info.

You could see it on many other places in some normal, not fancy-confusing way. Ignored for months Cheesy
4667  Economy / Speculation / Re: Balls of steel on: December 16, 2013, 03:17:14 PM
Steel is too soft for hardness of my balls  Grin
4668  Economy / Speculation / Re: It's time to buy, not to sell on: December 16, 2013, 03:12:43 PM
This is the stable price. Buy on panics and bad news.

The only reason to ever sell is if Bitcoin itself is broke.

And Bitcoin will not break.
I have to agree people seem very nervous this whole week and the price could go either way but we are close to the bottom. Even today's FUD didn't take it below 700.

i would imagine specially those holding coins $1000+ are v nervous and depressed this whole week.


Being nervous about Bitcoin price is no-no, eventually taking advantage yes, but nervous no. Most of them will learn it hard way.
4669  Economy / Speculation / Re: BTCChina start to charge trading fees now, another sell off may be expected. on: December 16, 2013, 03:10:34 PM
Hide your wife, hide your kids. Sell all, Bitcoin is doomed  Grin
4670  Economy / Speculation / Re: Automated posting on: December 16, 2013, 03:08:38 PM


Sorry for my ignorance but what does this chart actually mean?

Asks and bids depth on MtGox portrayed on extremely confusing and stupid artistic way.
4671  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 16, 2013, 03:06:25 PM
If there's anything in China rumour, it would be on 3500 yuans til now.
4672  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 16, 2013, 02:47:44 PM
Bitcoin is power of nature  Grin
4673  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 16, 2013, 02:09:41 PM
It's awful thing though that Bitcoin is starting to be reliant on what happens in China. We should never let us to be reliant on Chinese government's mood.
4674  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 16, 2013, 01:37:37 PM
A little bounce. Temporary?

Who knows Cheesy

I'm feeling so relaxed after I decided to not play this one, I was going made in last week trying to catch dips and rises, it's not worth at all.
4675  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 16, 2013, 01:33:08 PM
wow, I think even 700 is optimistic looking to this crash, we might gow below 600 if it continue this way

It's not fast crash at all.
4676  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 16, 2013, 01:32:28 PM
I have 20k in fiat to buy if it gets really cheap, I'm not touching my btc except to buy some cheap alts if opportunity comes.
4677  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 16, 2013, 01:29:34 PM
Stamp is 40$ below Btc-e. Lol, people are shorting as hell on Bitfinex, who's gonna do it too late  Grin
4678  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 16, 2013, 01:27:20 PM
people keep lowering their bids on gox ...

I keep lowering my bids on stamp. Keeps dropping so fast.

yeah, last 15-20 minutes it went down most.
4679  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 16, 2013, 01:24:47 PM
Lot of nervous people today..

it's understandable, a lot of people (myself included) got in the game later than they would've liked.

if i was sitting on 10-1000x what i had originally invested like some of the people on this forum, i wouldn't care at all if it was $400 or $1000

Yeah, I understand that but you shoudln't be too nervous. YOu won't lose your money, if it crashes it will come back in few weeks or months. Always did, always will.

And you can trade altcoins in the meantime and get more coins then you had while waiting another rally.

So, unless you don't have a mortgage on your house to buy Bitcoin, and you shouldn't, you should be relaxed. Bitcoin is not going anywhere Wink

Where do you trade altcoins, btc-e? And do you have any tips?

BTC-e mostly, yes, though I was dealing with DGC recently on Cryptsy and Bter.

No, I do not have tips, watch the market for coins with most of the volume preferably (btc-e ones has good volume, all of them), wait for drops, sell on pumps etc..
4680  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 16, 2013, 01:18:28 PM
Stamp is probably dropping so much because it's an exchange where you can actually get your Fiat money out of it, if you really needed to. If I were in China and there was fear about whether or not you would be allowed to withdraw your RMB, I'd be sending my BTC to stamp and sell there and work out how to withdraw it later. I'm pretty sure we are seeing something along those lines happening here.


I'd put my bet on people leverage shorting on stamp with Bitfinex.
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