I love the "Mark K with his dumb fat face, what a fucking dummy" part.
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Traders are sheep to the charts. That's the only reason we are going down right now. Nothing has changed and there is no reason to dump, just someone trying to get a jump on a downtrend that may never come. They will just have to buy back at a loss like 99% of traders.
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at first I bought bitcoin to make me rich, I guess I am a basic bitch.
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You didn't lose money until you sold. Should have held longer weak hand. You are going to be kicking yourself even harder when this rebounds.
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Who is willing to call a bottom?
I'd say we going to at least 382.
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China will likely be the first test-bed for a widespread P2P cash-deposit for BTC exchange system. Built upon something like Dark Market or an extension to Mycelium local trader ... the demand is there now with the govt. knee-capping of the centralised exchange model.
With all the "tech geeks" involved in bitcoin and large profits to be made it seems like this would have happened already. I can't wait for the P2P and .bit exchanges to come online.
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Where did all the Bitfinex bids/asks go? Did they make it to where you can't place bids or asks without having the Fiat/BTC? 3K until $1000 and 8K in bids back to $50. EDIT: Wait, the walls come and go, must be a problem with the Bitstamp integration.
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If China said the last day bank accounts can be used for bitcoin is April 15th, and it usually takes a few days to wire fiat, why would someone wait until the 15th to sell? So their money can just sit in the exchange without the ability to wire out? That's why it dropped a few days before the 15th. The only thing is these exchanges already knew they had a workaround, so they probably placed bids low and bought some of the cheap coins themselves, all while profiting over big volume of panic sellers. The price will now rise a bit and exchanges will make money off their "insider" knowledge.
For anyone to think the price would plummet the day of, is not thinking this through properly.
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I see some people who forgot to close their shorts are spreading FUD on reddit about the ATM news being faked by the exchanges themselves to sell their coins before the ban.
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You don't do a 2.5k buy order on all exchanges (5k on Huobi) at the same time. Something happened.
I've told you what happened, OKCOin announced they will invest in ATM production. https://www.okcoin.com/t-1008365.htmlHm, so... this bypasses.. the China ban? Or am I misunderstanding? China never banned bitcoin, they just didn't want the banks to have a part in it. This bypasses the banks. So yes, this bypasses "the China ban"
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The hell is going on? Rally because rally or is there news???
Might be the news of ATMs in China. Which would end this whole banking issue/bear market.
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"Unknown" is about to breach 40% of the network. Somebody is raking them in.
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I'm confused at who would sell over 1K BTC at these low prices. Unless they are dumping on a schedule no matter the price.
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Out of coal.. Choo choo delayed.
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I bet Mark Karpeles is in jail by the end of the year. The Gox stolen coins was an inside job. Filing bankruptcy will only get people looking at this closer. He should have just ran with the coins to a country with no extradition.
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