Bitcoin traders are most strange bunch ever.. Chinese guy said same stuff we knew from December, we never thought they are banning bitcoin but just banks and he never denied they are banning banks. Yet price rallies after his words. Haha Disclaimer: sitting on lot of fiat Would you say they are idiots?
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Even Bitstamp are getting hyped up with the price rise: Power to the people! #Bitcoin to the moon! Wow, that makes me feel so bullish for some reason. Nice!
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Hmm every level up is good... but Huobi has already broken 2700 (briefly) the real resistance is at 3000. the number, and the price history.
Today, I wanna see december 20th happen all over again. could happen..... the cattle prod is hot.
China is a big, big problem. Even if we go up massively again today we simply will crash when the next China news comes out. And it will come. Another bank another rumour whatever. People will completely panic and dump like it's the first time they heard about this. We need clear rules from China. Ban or not, i don't care, as long as it's clear. Or we will keep getting Goxxed.
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Excuse me, but i still dont understand how can you predict a market that evolve based on NEWS (or chinese FUD).
I think you adapt your lines to what happened before.
TA doesnt fit our beloved and volatile BTC. (imho)
100% correct.
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I love it how the bears are staring at the screen right now with their open $320 buy orders just wondering where it went wrong.
I dont think that anyone who've sold @360-350 placed their orders that high, probably below 300, closer to 266 Even better
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I love it how the bears are staring at the screen right now with their open $320 buy orders just wondering where it went wrong.
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There will be a delay between the time when the coins bought on Huobi will be sold on BTC-E again. There will be a lot of chaos and drama until this process is over.
Time to put you on ignore. Buh bye.
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So the reason we went down 100's was fear of a potential China ban. Today we learn that China won't ban Bitcoin. What does everybody do? They sell. Well done traders and sheep. Well done for being complete idiots.
please stop always reffering to china. this final leg down/capitulation/despair was predicable since november's ATH and the china argument is just some pretext to do so. Its all about deflating from previous bubble and setting the ground for some more madness. No.
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So the reason we went down 100's was fear of a potential China ban. Today we learn that China won't ban Bitcoin. What does everybody do? They sell. Well done traders and sheep. Well done for being complete idiots.
Everybody has known it wasn't a ban for months, what we are fearing is a complete shut down of Chinese exchanges and thus Chinese coins being dumped on the west. Just like gox I want them to just shut up and shut down now. When everyone realises how fake the trading data is and how many coins the Chinese actualyl have it may be time to start to think about a real Choo Choo. Exactly. This shit will go on and on and on.
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So the reason we went down 100's was fear of a potential China ban. Today we learn that China won't ban Bitcoin. What does everybody do? They sell. Well done traders and sheep. Well done for being complete idiots.
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Reallly contemplating buying back in now. I will have gained about .5 BTC. Can anyone more knowledgeable than I explain the news better than google translate?
"Bitcoin not banned in China. Old news. You sheep can find the next subject to panic over". Something like that.
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So we went down 100's because China might ban Bitcoin. Months of pure fear and panic. China was so important that a possible ban already brought the price down 50%. Nothing but panic and more panic. Now we read there isn't gonna be a ban and everybody is like ok whatever...and nothing happens to the price. Like who cares right?
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The timing of the new chiniese "news" is amazing, why it feels like sheeps are getting played into selling low and buying high every time?
I agree. And they fall for it every single time. The amount of money the majority of the sheep must be losing... They deserve it though for being idiots.
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So is this news legitimate??
Of course. Just untill the next rumour on Twitter that China banned Bitcoin.
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Going to bed soon in fiat, could have been easily 5 figures day, finished as 1k$+ profit. I'd take that each day You seem like one of the few traders here that actually makes good money. Not really on btc vs usd, I'm not good at it. But I made lot of money on alts. If you don't mind me asking i wonder where you keep yourself up to date when it comes to the alts, the pumps and dumps etc. Just on this site or are there better forums for that?
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Sigh, stamp bottom missed my buy order by 0,8 USD. Happens to me every bloody time!
Looks like you're too greedy every bloody time.
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Going to bed soon in fiat, could have been easily 5 figures day, finished as 1k$+ profit. I'd take that each day You seem like one of the few traders here that actually makes good money.
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I'm happy we went this low though because obviously the bears filled up with cheap coins completely and will stop crying now for a long time. No more posts on why we will go down (confirmed) and other fud. Bears happy, bulls happy. Everybody happy.
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Breaking news... bitcoin not banned in china http://finance.china.com.cn/news/special/boao2014/20140411/2327233.shtmlExcerpt: China Network Finance April 11 news (reporter Zhang Qian) noon today, the central bank governor Zhou Xiaochuan participate in Boao Forum on the future of the central bank. Zhou Xiaochuan on the forum, said the central bank was not actually bitcoin start, not to mention what banned. But Zhou said his concern is that "Bitcoin is an energy asset transactions, not quite like the currency of payment, such as stamps and the like, are mainly collections." He said that as trading assets. Bitcoin is not part of our jurisdiction, there is no ban issue.Seems like the chinese are taking the statements to heart though. Oh ffs lets just stop this bullshit! Next week it will be banned again and everybody will shit their pants again and sell. Lets just ban China. Get rid of it. Put a wall around it or something.
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finally 400 again I bet someone will dump on it again. There are people who want Bitcoin to go to 0 and will do everything to achieve that.
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