Sub 400 coins in 24 hours.

Huobi at 496...  stamp at 490. what's the problem? the market was falling before all the announcements..... just a natural correction.

Yes, as usual theres some blatant insider trading going on.

How many banks do they actually have left now?

As far as you've any trading skills and aren't resigned to purely just buy-&-hodl, all you really have to do to be at least moderately successful (which translates to millions $ profit in a span of a few years..from any starting capital point..) is to be patient, balanced, adaptive.

 You don't want, as a speculator, a short-, mid-, or even longer-term trader, to be hoping, praying, that price will reach X or Y, other than 'academically'. In other words, don't enter or exit, or stay in negative -$ trades, because of your 'hopes'.

 That's because hoping won't control the market. So you'll simply get crushed more often than not, and harder than your wins, statistically. You don't need to hope. You need to make money, regardless of where the price goes. The minute price moves against your trade significantly, you can reasonably exit take the loss & re-enter at better position. Why? Because that's 2 pro's vs 1 con - You're now safer, AND will gain back what you lost the minute you later re-enter & price goes back to where you took loss, and beyond, vs the downside that, yes there's always the risk price turns around right then & there at the point at which you were cutting loss.

 It goes like this, say you bought at 513 (like I just did yesterday), & decided to hold on seeing if 510, 505, 500, even 495 will hold, before cutting loss to re-buy in lower (like I just did), you have to ask yourself, "How much can I reasonably project to gain from buying in lower than this..?" If you think it's looking to have comfortable odds of reaching down to 450-480's, that's a good deal then, cut & buy back down there. If on the other hand you waited allllll the way to 475 to ask yourself do I cut & lose by now, well, it's getting to be a bit late, to the point where it might not even go further down after this point, so you might as well just keep it open & hold for the best.

Because bulls hopes its only a retracement, and not a big bull trap..
BTW 200,000 coins back in the market in 2014, thank you Mt Gox for the coming cheap coins..

Why should 470 hold?

So what's the big deal with Western exchanges if China isn't driving it down this time? 

Any bad (FUD or not) news from China for this recent drop?

Usually when the 2 1-day EMA lines cross, there will be significant price movement. This is because many bots use this to trigger trades.
If you can ride this trend, you can use it to your advantage.

Will the lines cross?



If yes, we need to buy in now in anticipation of the huge rally.

Big buyer on Bitfinex.... and big seller too.

somebody has sold 500 BTC at 535, while the wall at 530 is untouched.

EDIT wall gone! haha! I think maybe time to see correction to 500, maybe even 485 as planned.

its more about the actual price than the news. news are an attempt to rationalize what seems irrational but remains intrinsically rational nonetheless..

ok so we've just touched the upper resistance @550 today and didnt break it, so down we go.. the only question is what will drive the price further down... i wouldnt be surprised if we have some new leak from the PBOC in the coming weeks ^^

Its a Speculation..
1000 btc to 500

Momentum of this 3 day rally is now stopped, back to sideways movement and profit taking dragging price in the upper 400's.

Everybody should panic....bitcoinwisdom , bitstamp , btc-e and huobi all down.
Wait....it was my isp fault )))

But still ...it'a sign to sell!!!!!