This feels surreal. I lose $-value and don't care, as I accumulate BTC. I am jumping in and out, trying to catch the tops and bottoms, but often sell below, what I previously bought for, the make the next leg. I'm up additional BTC0.652 so far
I'm up 3BTC, and down more money then I ever had in my life in dollars. I am unsure how to feel about that. +1, guess time will tell.
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Dear BTC China valued customer: To stabilize the recent turbulent Bitcoin market and minimize potential market manipulation, BTC China will end the 0% trading fee promotion, effective immediately, and revert to the 0.3% trading fee. We deeply apologize for the sudden change. BTC China, December 16, 2013
that seems bullish..less whales operating with 0% fee ... I think the Chinese government ensured they got there hands on cheap coins lol
or: we realize our business is over, so we want to make some money at the end of it. Sorry for screwing you.
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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?
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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.
Who is going to buy your BTC? It's not like they can give you a crappy rate and turn around and sell them on the exchanges, can they? We were silly to be so gung how about China in the first place. Someone who wants to own assets that can escape capital controls. A rich chinese guy that thinks about a future abroad.
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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.
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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?
I think they like bitcoin as a reserve currency versus the USD, but not as an escape against capital controls. So they want to make sure they have all the info on people holding them. They have told merchants that they are not allowed to price their goods in Bitcoin... nor can people purchase bitcoin through their bank accounts. What then is the point? Are banks "third party payment companies"? Or do they just mean stuff like dwolla, paypal, okpay or whatever the equivalent in China is?
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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?
I think they like bitcoin as a reserve currency versus the USD, but not as an escape against capital controls. So they want to make sure they have all the info on people holding them.
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lol, nice one ! Epic grammar error included I am assuming you had that picture waiting for the right moment?
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@Adam for what is this countdown?
its almost over. 1lol, nice one !
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My guess is we are done dumping for the day.
So it was your bad mojo that started the dumping again?!?!?! Lately, my mojo has been pretty good actually (just shouldn't have fallen asleep at the wheel to $1300-1400).
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My guess is we are done dumping for the day.
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I am recharging my BTCs . Now up Up UP again
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Gox should be near $700 right now. WTF is happening?
This one man panicker is probably about to get raped Yes, the market is always just 1 guy .
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somebody wants to be rid of goxbux.
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China is dumping hard. Gox is strong as steel wont be for so long, just watch out I made 70 BTC yesterday on DGC. I couldn't give a flying one about it to be honest, I'm not yet ready to become filthy rich anyway wow, nice.
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Let me be the first to draw lines of comparison between the smell of Heineken and mariGuana. These are a great combo. As an American, let me also say that Heineken is (agreeing with Oda.Krell) no where near a 'crap beer'. For that try any of the old school big three lager piss beers (Bud, Miller, Coors...) that American was mostly known for in the last many decades (until we got some truly wonderful microbreweries, as mentioned). http://www.gooseisland.com - Honkers is currently my favourite American beer. Sorry, going really off topic. If anyone fancies it we could start a beer/ale thread. As long as you are not having a monologue or duologue (is that a word?) , nothing is off-topic in this thread.
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in other news: china making new lows.
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