Very Important Christmas Gift Advice :
This thing is currently way overbought and mid-term overvalued considering the chinese exchanges current state of affairs..
No more fresh CNY, not even bank transfer cause the exchanges never used them and won't be allowed.
No more frenzy buying by china gamblers, no more capital control bypass trick. Remember they were the one that ignited this baby.
A $100-$150 difference in price tells volumes,that china is weak though they account for 20%-35% of the btc market.
In the coming days they will be dumping on other exchanges, especially on bitstamp to get USD at the best rate. Selling pressure will be overwhelming.
All chinese exchanges reinstated fees, to milk while they can, until they move to HK with NO big fat pocked china man ot simply close shop! There is no way around that.
Yes i'm saying all that after i sold and happy in fiat without loss . And don't worry i won't buy back your coins until lower lows are achieved
You can thank me later for saving you from losing some $$$
This thing is currently way overbought and mid-term overvalued considering the chinese exchanges current state of affairs..
No more fresh CNY, not even bank transfer cause the exchanges never used them and won't be allowed.
No more frenzy buying by china gamblers, no more capital control bypass trick. Remember they were the one that ignited this baby.
A $100-$150 difference in price tells volumes,that china is weak though they account for 20%-35% of the btc market.
In the coming days they will be dumping on other exchanges, especially on bitstamp to get USD at the best rate. Selling pressure will be overwhelming.
All chinese exchanges reinstated fees, to milk while they can, until they move to HK with NO big fat pocked china man ot simply close shop! There is no way around that.
Yes i'm saying all that after i sold and happy in fiat without loss . And don't worry i won't buy back your coins until lower lows are achieved
You can thank me later for saving you from losing some $$$
Looks like the rally caught the bears off guard.
Uhhh Not really
Stamp:
Sell Dec. 19, 2013, 3:13 p.m. -13.61895395 BTC $9,383.46 $689.00 $18.77
Sell Dec. 19, 2013, 3:13 p.m. -0.28899855 BTC $199.12 $689.00 $0.40
Sell Dec. 19, 2013, 3:13 p.m. -0.08500000 BTC $58.56 $689.00 $0.12
Sell Dec. 19, 2013, 3:13 p.m. -9.37674891 BTC $6,460.58 $689.00 $12.93
Sell Dec. 19, 2013, 3:13 p.m. -52.63029859 BTC $36,262.28 $689.00 $72.53
Well than why are you posting if so confident? Something about pride going before something....