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magicmexican
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March 27, 2014, 08:30:38 AM |
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Any legit China news or another bullshit again?
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"Governments are good at cutting off the heads of a centrally
controlled
networks like Napster, but pure P2P networks like Gnutella and Tor seem
to be holding their own." -- Satoshi
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Peter R
Legendary
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Activity: 1162
Merit: 1007
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March 27, 2014, 08:30:46 AM |
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Did you mean Catalonia by any chance?  Lol, I was lazy and didn't fact check. Yes, the one in Spain. |
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ShroomsKit_Disgrace
Legendary
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Activity: 952
Merit: 1000
Yeah! I hate ShroomsKit!
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March 27, 2014, 08:37:17 AM |
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Did you mean Catalonia by any chance? Lol, I was lazy and didn't fact check. Yes, the one in Spain. I am expecting the billyjoeallen's reply: Wait! but isn't Spain down there in Mexico where all those spanish come from?   |
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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March 27, 2014, 08:43:21 AM |
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Did you mean Catalonia by any chance? Lol, I was lazy and didn't fact check. Yes, the one in Spain. I am expecting the billyjoeallen's reply: Wait! but isn't Spain down there in Mexico where all those spanish come from? I wouldn't do that. I may not know much about Catalan seccessionism, but I do know how to google, Motherfucker. |
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barbs
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March 27, 2014, 08:47:00 AM |
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Everyone who sodled at 590 must be pretty pleased
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el_rlee
Legendary
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Activity: 1600
Merit: 1014
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March 27, 2014, 08:48:52 AM |
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Not sure if still crashing on the China FUD?
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Davyd05
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March 27, 2014, 08:50:58 AM |
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magicmexican
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March 27, 2014, 08:53:17 AM |
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As always the selling happened well before the news hit the public, good ol' insider dumps
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billyjoeallen
Legendary
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Activity: 1106
Merit: 1007
Hide your women
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March 27, 2014, 08:54:47 AM |
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Is that Jordan Belfort's ex? |
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kurious
Legendary
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Activity: 2590
Merit: 1643
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March 27, 2014, 08:57:12 AM |
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Good bit of research. Confirms what most people suspected: Quote 6 Conclusion The transaction malleability problem is real and should be considered when im- plementing Bitcoin clients. However, while MtGox claimed to have lost 850,000 bitcoins due to malleability attacks, we merely observed a total of 302,000 bit- coins ever being involved in malleability attacks. Of these, only 1,811 bitcoins were in attacks before MtGox stopped users from withdrawing bitcoins. Even more, 78.64% of these attacks were ineffective. As such, barely 386 bitcoins could have been stolen using malleability attacks from MtGox or from other businesses. Even if all of these attacks were targeted against MtGox, MtGox needs to explain the whereabouts of 849,600 bitcoins. /Quote I am not sure Gox ever claimed malleability lost ALL the coins, but at least it is not possible malleability was significant. |
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gizmoh
Legendary
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Activity: 1428
Merit: 1000
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March 27, 2014, 09:02:01 AM |
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Everyone who sodled at 590 must be pretty pleased
Yes i am Meanwhile bulls are sweating and $16 million longs waiting to get squeezed! |
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magicmexican
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March 27, 2014, 09:05:48 AM |
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Interesting that stamp and btc-e didnt fall that low this time, becoming resilient or just lagging behind?
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elebit
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March 27, 2014, 09:11:09 AM |
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As always the selling happened well before the news hit the public, good ol' insider dumps
What? Which news? |
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TERA
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March 27, 2014, 09:12:59 AM |
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Not sure if still crashing on the China FUD?
Why do you guys call it "China FUD". It is a FACT that PBOC issued advisories in December saying that banks and third party payment processors should not deal with bitcoin exchanges. Chinese bitcoin exchanges have now been illegally and manipulately skirting by this for months. How long did you think it would go before some enforcement action was taken? Even if this particular news is fake, it is only a matter of time before it actually happens. Here I was thinking that current prices were representative of a Bitcoin that had moved on from China and now we were pricing based on demand outside of China. But I guess I was wrong. We still have deluded people ACTUALLY thinking that China is still with us and that China is just going to last forever and bitcoin is perfectly ok in China, and that we should price Bitcoin based on these assumptions. "yay go china" "omg ltc on china". Ridiculous! |
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el_rlee
Legendary
Offline
Activity: 1600
Merit: 1014
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March 27, 2014, 09:18:26 AM |
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Not sure if still crashing on the China FUD?
Why do you guys call it "China FUD". It is a FACT that PBOC issued advisories in DecemberShould be priced in by now? |
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TwinWinNerD
Legendary
Offline
Activity: 1680
Merit: 1001
CEO Bitpanda.com
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March 27, 2014, 09:22:06 AM |
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Not sure if still crashing on the China FUD?
Why do you guys call it "China FUD". It is a FACT that PBOC issued advisories in DecemberShould be priced in by now? Apparently, china news can crash the market multiple times a year. I don't really get it. |
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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March 27, 2014, 09:22:23 AM |
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Not sure if still crashing on the China FUD?
Why do you guys call it "China FUD". It is a FACT that PBOC issued advisories in December saying that banks and third party payment processors should not deal with bitcoin exchanges. Chinese bitcoin exchanges have now been illegally and manipulately skirting by this for months. How long did you think it would go before some enforcement action was taken? Even if this particular news is fake, it is only a matter of time before it actually happens. Here I was thinking that current prices were representative of a Bitcoin that had moved on from China and now we were pricing based on demand outside of China. But I guess I was wrong. We still have deluded people ACTUALLY thinking that China is still with us and that China is just going to last forever and bitcoin is perfectly ok in China, and that we should price Bitcoin based on these assumptions. "yay go china" "omg ltc on china". Ridiculous! Hey, I just started trading on bitfinex and my limit order disappeared without filling. What gives? Has that ever happened to you? Had to pay double fee to market order. |
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TERA
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March 27, 2014, 09:22:56 AM |
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Not sure if still crashing on the China FUD?
Why do you guys call it "China FUD". It is a FACT that PBOC issued advisories in DecemberShould be priced in by now? Yes maybe it should have been priced in but I don't think it has been, because: 1. There were delusional people who thought China might survive. 2. There was still buying and trading going on in China. It is hard to predict and price in the exact effect that this removal of a market segment would have, especially since we don't know how much of their volume is real and how much is 'fake'. I thought the same thing about gox but was wrong for these same reasons. |
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Hen0xyd
Member
Offline
Activity: 87
Merit: 10
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March 27, 2014, 09:25:12 AM |
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It seems that every day you reveal ever more disregard for reality and honesty in pursuit of your hostile agenda. I don't know how you can respect yourself.
No need to take it out on me. Price will recover today, you'll see. 3628 CNY on Huobi, 593 USD on Bitstamp, by 19:30 UTC. 593$ on Stamp tonight would be a trend reversal (out of this month downtrend and triangle) and as such I would expect pre-moon stop around 800 before April end. Some indecision about the once-again-Chinaban is shuffling cards, again. |
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chessnut
Legendary
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Activity: 924
Merit: 1001
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March 27, 2014, 09:26:44 AM |
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MY BITCOIN PARANOID APP JUST TOLD ME "BTC up from USD 0.56c to 556"
I was out of the house playing at a gig.
faaarrkkk Im so glad it was wrong. what the hell is wrong with my btc paranoid app??
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