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uhoh
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April 22, 2014, 02:40:46 PM |
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God this last week has been DULL. We've had people screw up their shorts so spend every waking hour keyboard-bashing away on this forum about how Bitcoin is shit. We've had more trolls than ever turn up in the Spec sub that it is without doubt now worse in here than in the BTC-e trollbox (at least people get banned in there) We've had 14 y/o's posing as lawyers who are philanthropically here to tell everyone the sky is falling. (how nice of them!) And... a fairly stable $500 valuation. Sucks to be in Bitcoin right now  |
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"Governments are good at cutting off the heads of a centrally
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fr33d0miz3r
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April 22, 2014, 02:44:21 PM |
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God this last week has been DULL. We've had people screw up their shorts so spend every waking hour keyboard-bashing away on this forum about how Bitcoin is shit. We've had more trolls than ever turn up in the Spec sub that it is without doubt now worse in here than in the BTC-e trollbox (at least people get banned in there) We've had 14 y/o's posing as lawyers who are philanthropically here to tell everyone the sky is falling. (how nice of them!) And... a fairly stable $500 valuation. Sucks to be in Bitcoin right now your sky is failing |
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uhoh
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April 22, 2014, 02:47:44 PM |
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God this last week has been DULL. We've had people screw up their shorts so spend every waking hour keyboard-bashing away on this forum about how Bitcoin is shit. We've had more trolls than ever turn up in the Spec sub that it is without doubt now worse in here than in the BTC-e trollbox (at least people get banned in there) We've had 14 y/o's posing as lawyers who are philanthropically here to tell everyone the sky is falling. (how nice of them!) And... a fairly stable $500 valuation. Sucks to be in Bitcoin right now your sky is failing My sky isn't even partly cloudy at $500 .. long may it continue |
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JorgeStolfi
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April 22, 2014, 02:48:57 PM |
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PS. However, Huobi's "recharge cards" apparently can be recharged by bank transfer, so in practice the bank transfer channel is still open but indirectly.
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ShroomsKit
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April 22, 2014, 02:50:44 PM |
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Did i already mention how tired i am of these people dumping and trying to take the price down?
No , I think you actually never mentioned it. For all I remember you were enjoying this and telling people that if they haven't dump they should follow the herd and empty they wallets joining the dumping fiesta. Maybe not literally but i thought it was pretty obvious. I'm pretty sure people put me on ignore because of it  |
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uhoh
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April 22, 2014, 02:50:49 PM |
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PS. However, Huobi's "recharge cards" apparently can be recharged by bank transfer, so in practice the bank transfer channel is still open but indirectly.
How do these work, Jorge? Are they traded between individuals only? Seems like a game of cat and mouse between the exchanges and the PBOC until it becomes like a Localbitcoins affair but for recharge cards. |
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Walsoraj
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April 22, 2014, 02:53:34 PM |
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And... a fairly stable $500 valuation.
A house of cards is not "stable" while patiently awaiting a tiny gust of wind. |
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Walsoraj
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April 22, 2014, 02:54:01 PM |
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PS. However, Huobi's "recharge cards" apparently can be recharged by bank transfer, so in practice the bank transfer channel is still open but indirectly.
Which will almost certainly result in another crackdown. |
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uhoh
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April 22, 2014, 02:55:14 PM |
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And... a fairly stable $500 valuation.
A house of cards is not "stable" while patiently awaiting a tiny gust of wind. Don't be afraid of opposition. Remember, a kite rises against not with the wind. – Hamilton Mabie |
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ChartBuddy
Legendary
 Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 22, 2014, 03:00:21 PM |
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dreamspark
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April 22, 2014, 03:01:13 PM |
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Is nobody else feeling slightly positive that we are maintaning this price despite the accounts being closed. TERA made a point to not consider the news priced in until the flow of liquidity is actually stopped which it now has done.
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Walsoraj
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April 22, 2014, 03:02:24 PM |
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And... a fairly stable $500 valuation.
A house of cards is not "stable" while patiently awaiting a tiny gust of wind. Don't be afraid of opposition. Remember, a kite rises against not with the wind. – Hamilton Mabie Missing the point. Typical bulltard. |
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uhoh
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April 22, 2014, 03:07:36 PM |
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And... a fairly stable $500 valuation.
A house of cards is not "stable" while patiently awaiting a tiny gust of wind. Don't be afraid of opposition. Remember, a kite rises against not with the wind. – Hamilton Mabie Missing the point. Typical bulltard. Lol! I was being jokingly grandiose as befits this forum. You were SO much better when you were a parody of Jaroslaw. As for Bulltard, I've just said I was happy about the price hovering around $500. |
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niothor
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April 22, 2014, 03:09:26 PM |
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Is nobody else feeling slightly positive that we are maintaning this price despite the accounts being closed. TERA made a point to not consider the news priced in until the flow of liquidity is actually stopped which it now has done.
The only positive thing will be when all those fake Chinese exchanges will stop all their trading. Probably then and only then we will find out the real price people are willing to pay for btc. |
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fr33d0miz3r
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April 22, 2014, 03:10:36 PM |
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The only positive thing will be when all those fake Chinese exchanges will stop all their trading.
Probably then and only then we will find out the real price people are willing to pay for btc.
Yep, and I will be very happy to buy the cheapest coins then. |
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JorgeStolfi
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April 22, 2014, 03:18:17 PM |
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PS. However, Huobi's "recharge cards" apparently can be recharged by bank transfer, so in practice the bank transfer channel is still open but indirectly.
How do these work, Jorge? Are they traded between individuals only? Seems like a game of cat and mouse between the exchanges and the PBOC until it becomes like a Localbitcoins affair but for recharge cards. Huobi's recharge cards are called "火币点卡充值" in their Chinese homepage (火币="Huobi" 点卡充值="TOPUP" via Google Translate) and "CCYOU" in their English homepage. I am largely guessing, but they seem to be like debit cards issued by some card company, that can be recharged by sending money to the card company and can be spent only(?) at Huobi. The OKCoin "recharge code" system seems to depend on one or more OKCoin users with lots of CNY in their OKCoin accounts ("brokers"). As far as I understand, a normal client pays a broker somehow, without involving OKCoin or their bank account, and the broker gives the client a code that he uses to transfer CNY from the broker's OKCoin account to his own. (In their forum, one client complained that the only broker has a 10,000 CNY minimum so how could one do small occasional trading?) This system may be usable also by clients outside China who, say, pay the broker in dollars on an US account. I note that a substantial part of OKCoin's volume goes on 24/7, unlike Huobi's that stops at night. |
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Barney
Full Member
Offline
Activity: 170
Merit: 100
RevolverCoin dev
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April 22, 2014, 03:21:11 PM |
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Any candlestick TA experts? This is bitstamp Y10 chart. What are your predictions?  |
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JorgeStolfi
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April 22, 2014, 03:23:26 PM |
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PS. However, Huobi's "recharge cards" apparently can be recharged by bank transfer, so in practice the bank transfer channel is still open but indirectly.
Which will almost certainly result in another crackdown. Maybe... It depends on what is the aim of the December decree. Methinks that PBoC is satisfied with the current situation (bitcoin not used for commerce or by financial institutions), but law enforcement and national security agencies may still see risks in it. |
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dreamspark
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April 22, 2014, 03:33:09 PM |
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Is nobody else feeling slightly positive that we are maintaning this price despite the accounts being closed. TERA made a point to not consider the news priced in until the flow of liquidity is actually stopped which it now has done.
The only positive thing will be when all those fake Chinese exchanges will stop all their trading. Probably then and only then we will find out the real price people are willing to pay for btc. Yes I agree but the fact is if people cant get money into the exchanges or its difficult to do that then they cant fake trades forever if thats what you think they are doing. At some point they either have to pay out BTC or Fiat. |
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JorgeStolfi
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April 22, 2014, 03:35:41 PM |
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The only positive thing will be when all those fake Chinese exchanges will stop all their trading.
Probably then and only then we will find out the real price people are willing to pay for btc.
Ancient Greeks believed that when the Gods wished to punish a mortal, they would grant his most ardent wish. |
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