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TERA
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April 16, 2014, 12:49:17 PM |
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Did anyone verify the chinese news today is real? I looked at the link and it was something something xxx ching chang.chong and I didn't want to go because it might be a virus.
It was just a rehash of whats already been said countless times. There hasnt been any news out of China since Dec 15th the situation is exactly the same now as it was then. In other news the west seems to be overtaking China. There way of telling the Chinese they dont care for their FUD??? By real I mean the article isn't a complete fabrication by a trader. Seriously, just few days ago PBOC had a public conference and journalists asked about Bitcoin, and the governor said : "PBOC Won’t Ban Bitcoin " ..... I did notice that each time the price goes up an article popup about china banning Bitcoin, the one from today said that they will do it after one week, in December they said they will do it on new years then February, then in March they said the 15th April... come on people.... played me once, shame on you, played me twice shame on me... http://www.coindesk.com/chinas-central-bank-governor-pboc-wont-ban-bitcoin/ This isn't about banning bitcoin. It's about segregating it from the fiat banking system. People are free to use the bitcoin technology but not pay an exchange with their bank account. |
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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Davyd05
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April 16, 2014, 12:52:23 PM |
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well there is the correction.. When will it bounce is the real question...as nothing really besides gox and the sentiment of day traders that we we're over bought.
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nanobrain
Legendary
 Offline
Activity: 1008
Merit: 1000
Dumb broad
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April 16, 2014, 12:53:00 PM |
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Reminder to self: today I feel exactly like I felt that day. 96.89 at the moment of this writing.  Whoever ass-manipulator is behind this, please keep going on with your bull trap setup. I can't care less. Most of my BTCs are in cold storage by now and definitely not for sale any time soon. Feel free to crash the market as many times as you wish. All you can have is a bit of my play money. Yes I bought BTC lower this morning and sold higher right now. 3 grand Euros in 7 hours. Feels good. They'll pay for a hell of a birthday party. Thanks for those. Boy how green I was at the time, and how green I still am. Hope it was a hell of a party though  |
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Davyd05
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April 16, 2014, 12:54:03 PM |
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Did anyone verify the chinese news today is real? I looked at the link and it was something something xxx ching chang.chong and I didn't want to go because it might be a virus.
It was just a rehash of whats already been said countless times. There hasnt been any news out of China since Dec 15th the situation is exactly the same now as it was then. In other news the west seems to be overtaking China. There way of telling the Chinese they dont care for their FUD??? By real I mean the article isn't a complete fabrication by a trader. Seriously, just few days ago PBOC had a public conference and journalists asked about Bitcoin, and the governor said : "PBOC Won’t Ban Bitcoin " ..... I did notice that each time the price goes up an article popup about china banning Bitcoin, the one from today said that they will do it after one week, in December they said they will do it on new years then February, then in March they said the 15th April... come on people.... played me once, shame on you, played me twice shame on me... http://www.coindesk.com/chinas-central-bank-governor-pboc-wont-ban-bitcoin/ This isn't about banning bitcoin. It's about segregating it from the fiat banking system. People are free to use the bitcoin technology but not pay an exchange with their bank account. Day 1 of hodling for me buying bitcoin with my cash in hand and depositting it into someone elses account not via any intermediary exchanges...still got my bitcoins and I live in Canada |
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magicmexican
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April 16, 2014, 12:58:08 PM |
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betting on 470-480 being bottom
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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April 16, 2014, 12:58:26 PM |
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Did anyone verify the chinese news today is real? I looked at the link and it was something something xxx ching chang.chong and I didn't want to go because it might be a virus.
It was just a rehash of whats already been said countless times. There hasnt been any news out of China since Dec 15th the situation is exactly the same now as it was then. In other news the west seems to be overtaking China. There way of telling the Chinese they dont care for their FUD??? By real I mean the article isn't a complete fabrication by a trader. Seriously, just few days ago PBOC had a public conference and journalists asked about Bitcoin, and the governor said : "PBOC Won’t Ban Bitcoin " ..... I did notice that each time the price goes up an article popup about china banning Bitcoin, the one from today said that they will do it after one week, in December they said they will do it on new years then February, then in March they said the 15th April... come on people.... played me once, shame on you, played me twice shame on me... http://www.coindesk.com/chinas-central-bank-governor-pboc-wont-ban-bitcoin/ This isn't about banning bitcoin. It's about segregating it from the fiat banking system. People are free to use the bitcoin technology but not pay an exchange with their bank account. this refer to them being idiots, how people are going to use bitcoin if they are not able to buy and sell ? they said it is not considered a currency but a commodity and people are free to use it, and as any other stock exchange, people are going to use banks to make transactions... it is clear IMO, banks are not allowed to offer Bitcoin services and also third payment processors, I thought this was clear and I really don't understand how can these people manipulate the market.... in the other hand I really want to know who is behind all of these articles... someone on the litecoin forum wrote this : ....And we are almost back to where we started on the day before yesterday. It appears that the price spike is due to more news out of China. The PBOC released a statement that said that they didn't have any intention of banning BTC. I have some friends who are in the industry and work with a couple major Chinese Conglomerates. They have all said that the Chinese Government is loading up on BTC behind the scenes, while putting out more and more regulations for the masses. They will most likely back off on their regulations once they feel they have a large enough holding, and feel that they can control the market.
It is still the wild west out there, and market manipulation is running rampant. |
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roslinpl
Legendary
Offline
Activity: 2212
Merit: 1199
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April 16, 2014, 12:59:48 PM |
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an another optimistic chart from Polish market:  Price is still rising - and our smiles are getting bigger and bigger  Like some of your wallets  |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 16, 2014, 01:00:19 PM |
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chessnut
Legendary
Offline
Activity: 924
Merit: 1001
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April 16, 2014, 01:00:38 PM |
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betting on 470-480 being bottom
+1 very strong support under those wedges. tried and tested. |
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Davyd05
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April 16, 2014, 01:03:27 PM |
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2h macd crossed front running day traders, are going to get burned if someone starts unloading fiat cannons gotta love those lagging indicators...makes for a nice firework show.
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TERA
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April 16, 2014, 01:04:38 PM |
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Most of the articles are things we already know about.
April 10 - "Bitcoin is not banned in China" - We already knew that.
April 16 - "Huobi's bank account being closed" - We knew that too.
Yet somehow people's sentiments change every time because they were operating under some flawed logic.
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Asrael999
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April 16, 2014, 01:08:23 PM |
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Most of the articles are things we already know about.
April 10 - "Bitcoin is not banned in China" - We already knew that.
April 16 - "Huobi's bank account being closed" - We knew that too.
Yet somehow people's sentiments change every time because they were operating under some flawed logic.
people here use logic? |
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kehtolo
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April 16, 2014, 01:17:51 PM |
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Is it because Gox is going to be liquidated as their application for bankruptcy protection was thrown out - i.e. no chance of being saved. (Ok chances were infinitesimal anyway.. but still)
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p0peji
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April 16, 2014, 01:19:23 PM |
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Most of the articles are things we already know about.
April 10 - "Bitcoin is not banned in China" - We already knew that.
April 16 - "Huobi's bank account being closed" - We knew that too.
Yet somehow people's sentiments change every time because they were operating under some flawed logic.
Didnt Baidu stop accepting Bitcoin to launch their own payment system? |
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TERA
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April 16, 2014, 01:22:19 PM |
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Most of the articles are things we already know about.
April 10 - "Bitcoin is not banned in China" - We already knew that.
April 16 - "Huobi's bank account being closed" - We knew that too.
Yet somehow people's sentiments change every time because they were operating under some flawed logic.
Didnt Baidu stop accepting Bitcoin to launch their own payment system? I thought that happened months ago also. |
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p0peji
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April 16, 2014, 01:23:50 PM |
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Most of the articles are things we already know about.
April 10 - "Bitcoin is not banned in China" - We already knew that.
April 16 - "Huobi's bank account being closed" - We knew that too.
Yet somehow people's sentiments change every time because they were operating under some flawed logic.
Didnt Baidu stop accepting Bitcoin to launch their own payment system? I thought that happened months ago also. 1 hour old. nvm: you are right |
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dreamspark
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April 16, 2014, 01:25:12 PM |
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Most of the articles are things we already know about.
April 10 - "Bitcoin is not banned in China" - We already knew that.
April 16 - "Huobi's bank account being closed" - We knew that too.
Yet somehow people's sentiments change every time because they were operating under some flawed logic.
Didnt Baidu stop accepting Bitcoin to launch their own payment system? I thought that happened months ago also. Ignore the troll it did happen months ago. Early december http://www.bloomberg.com/news/2013-12-07/baidu-stops-accepting-bitcoins-after-china-ban.html |
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TERA
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April 16, 2014, 01:25:27 PM |
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Most of the articles are things we already know about.
April 10 - "Bitcoin is not banned in China" - We already knew that.
April 16 - "Huobi's bank account being closed" - We knew that too.
Yet somehow people's sentiments change every time because they were operating under some flawed logic.
Didnt Baidu stop accepting Bitcoin to launch their own payment system? I thought that happened months ago also. 1 hour old. nvm: you are right and there's a paywall... |
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aminorex
Legendary
Offline
Activity: 1596
Merit: 1029
Sine secretum non libertas
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April 16, 2014, 01:47:00 PM |
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This isn't about banning bitcoin. It's about segregating it from the fiat banking system. People are free to use the bitcoin technology but not pay an exchange with their bank account.
That is NOT the policy of the PBoC. It is a rumor. So far it appears to be a false rumor. |
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Hypnoise
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April 16, 2014, 01:51:46 PM |
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Most of the articles are things we already know about.
April 10 - "Bitcoin is not banned in China" - We already knew that.
April 16 - "Huobi's bank account being closed" - We knew that too.
Yet somehow people's sentiments change every time because they were operating under some flawed logic.
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