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y3804
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April 28, 2014, 04:06:43 AM |
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Btw, Houbi's chart looks horrible. (Its finally working on bitcoinwisdom though!). We made new lows today and the 50% fib is acting like resistance. It seems almost inevitable that we see 2500 soon.
If there is no bad news in China why is Houbi breaking down through support?
I had to short some more. Just to obvious that we will see more downside.
Who knows, maybe I am wrong.
Yeah it's quite weird. Drop without any bad news. That's why I said insider trading.. |
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N12
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Legendary
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Activity: 1610
Merit: 1010
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April 28, 2014, 04:07:04 AM |
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You know, the exchanges trying to circumvent the spirit of the PBOC's notices is what prolongs a lot. Now they have explicitely banned any direct and indirect (such as vouchers) methods of funding. So if they continue their defiance on a broad scale, I'm guessing that sometime in the future, the authorities will be forced to make an example and arrest some exchange operator.
I used to think that the Chinese know more than we do, but I've come to the conclusion that they are as delusional as most here.
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windjc
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Activity: 2156
Merit: 1070
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April 28, 2014, 04:09:06 AM |
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You know, the exchanges trying to circumvent the spirit of the PBOC's notices is what prolongs a lot. Now they have explicitely banned any direct and indirect (such as vouchers) methods of funding. So if they continue their defiance on a broad scale, I'm guessing that sometime in the future, the authorities will be forced to make an example and arrest some exchange operator.
I used to think that the Chinese know more than we do, but I've come to the conclusion that they are as delusional as most here.
I think they are more so. I think its their mentality. Its very very emotional and surprisingly defiant in a passive aggressive sort of way. I don't trust anything the exchanges say. Its very Goxesque. |
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Bitcoin_is_here_to_stay
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April 28, 2014, 04:11:10 AM |
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What the hell is going on over at Bitcoinwisdom? I still cannot see the updated Houbi chart.
And why is this happening to some people and not others?
I think that Bitcoinwisdom is out to get you with the belief that you are becoming too self-confident. Bitcoinwisdom wants to put you in your place. by handicapping you. It's like golf, if you get too good, then your handicap points are removed. You are playing Bitcoinwisdom golf.  I have had this problem most of the time today, but now it is OK. |
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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April 28, 2014, 04:13:40 AM |
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Good news! NO FUD. BTCChina: http://www.weibo.com/2149945883/B1MStEjN0?mod=weibotimeSmall partners about bitcoin China suspended all news withdrawals are false news Bitcoin Chinese recharge and withdrawals everything is normal. If you need help, please call customer service phone 400-664-3033 A chinese guy on tradingview chat was telling me this yesterday. a lot of chinese are not concerned at all - after all, the chinese have declared that they cant ban it, dont have the authority to ban it, and dont wish to ban it. There will be a loop hole in the system for deposits somewhere. ill bet on it, seems like the chinese think so. thanks for posting. China needs to die before the bull market can resume. The reason is simple: A China market that is still alive can die. A China market that is dead cannot die because it is already dead. That sucks for the Chinese traders and investors. Blame the PBoC if you like, but it's the truth. |
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beetcoin
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April 28, 2014, 04:20:04 AM |
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Good news! NO FUD. BTCChina: http://www.weibo.com/2149945883/B1MStEjN0?mod=weibotimeSmall partners about bitcoin China suspended all news withdrawals are false news Bitcoin Chinese recharge and withdrawals everything is normal. If you need help, please call customer service phone 400-664-3033 A chinese guy on tradingview chat was telling me this yesterday. a lot of chinese are not concerned at all - after all, the chinese have declared that they cant ban it, dont have the authority to ban it, and dont wish to ban it. There will be a loop hole in the system for deposits somewhere. ill bet on it, seems like the chinese think so. thanks for posting. China needs to die before the bull market can resume. The reason is simple: A China market that is still alive can die. A China market that is dead cannot die because it is already dead. That sucks for the Chinese traders and investors. Blame the PBoC if you like, but it's the truth. i don't think so. BTC doesn't really need china that badly. other bullish news can push BTC to the top. plus, each time china yanks its chain, its actions become less and less significant. |
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chessnut
Legendary
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Activity: 924
Merit: 1001
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April 28, 2014, 04:20:47 AM |
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Good news! NO FUD. BTCChina: http://www.weibo.com/2149945883/B1MStEjN0?mod=weibotimeSmall partners about bitcoin China suspended all news withdrawals are false news Bitcoin Chinese recharge and withdrawals everything is normal. If you need help, please call customer service phone 400-664-3033 A chinese guy on tradingview chat was telling me this yesterday. a lot of chinese are not concerned at all - after all, the chinese have declared that they cant ban it, dont have the authority to ban it, and dont wish to ban it. There will be a loop hole in the system for deposits somewhere. ill bet on it, seems like the chinese think so. thanks for posting. China needs to die before the bull market can resume. The reason is simple: A China market that is still alive can die. A China market that is dead cannot die because it is already dead. That sucks for the Chinese traders and investors. Blame the PBoC if you like, but it's the truth. the chinese govt is simply not simple. One word from the PBoC and the bull run resumes. |
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ShroomsKit
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April 28, 2014, 04:21:35 AM |
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Good news! NO FUD. BTCChina: http://www.weibo.com/2149945883/B1MStEjN0?mod=weibotimeSmall partners about bitcoin China suspended all news withdrawals are false news Bitcoin Chinese recharge and withdrawals everything is normal. If you need help, please call customer service phone 400-664-3033 Who knows if it's true. Human translation: Rumors about BTCChina suspending withdrawals are false. Recharge and withdrawals still working People don't care about good news. The market only reacts to bad news. That's why we keep going lower. |
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JorgeStolfi
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April 28, 2014, 04:37:22 AM |
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Good news! NO FUD. BTCChina: http://www.weibo.com/2149945883/B1MStEjN0?mod=weibotimeSmall partners about bitcoin China suspended all news withdrawals are false news Bitcoin Chinese recharge and withdrawals everything is normal. If you need help, please call customer service phone 400-664-3033 Human translation: Rumors about BTCChina suspending withdrawals are false. Recharge and withdrawals still working I understand that BTC-China is denying rumors that withdrawals were stopped. AFAIK, no exchange has reported the blocking of CNY withdrawals through bank transfers. I would think that the banks will leave that step for last so that clients have a chance to get their money out. |
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cbeast
Donator
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Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
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April 28, 2014, 04:38:49 AM |
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"This means using anything other than US currency to buy alcohol in Ohio is prohibited." Priceless |
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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April 28, 2014, 04:39:58 AM |
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Good news! NO FUD. BTCChina: http://www.weibo.com/2149945883/B1MStEjN0?mod=weibotimeSmall partners about bitcoin China suspended all news withdrawals are false news Bitcoin Chinese recharge and withdrawals everything is normal. If you need help, please call customer service phone 400-664-3033 A chinese guy on tradingview chat was telling me this yesterday. a lot of chinese are not concerned at all - after all, the chinese have declared that they cant ban it, dont have the authority to ban it, and dont wish to ban it. There will be a loop hole in the system for deposits somewhere. ill bet on it, seems like the chinese think so. thanks for posting. China needs to die before the bull market can resume. The reason is simple: A China market that is still alive can die. A China market that is dead cannot die because it is already dead. That sucks for the Chinese traders and investors. Blame the PBoC if you like, but it's the truth. the chinese govt is simply not simple. One word from the PBoC and the bull run resumes. China is uncertainty. Markets hate uncertainty. Why is that so hard to grasp? Why is it so hard to accept? |
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y3804
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April 28, 2014, 04:40:36 AM |
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Wow. I'm trying to search for any bad news. This drop from 2619 to 2559 must have something behind it.. really weird..
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chessnut
Legendary
Offline
Activity: 924
Merit: 1001
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April 28, 2014, 04:43:27 AM |
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Good news! NO FUD. BTCChina: http://www.weibo.com/2149945883/B1MStEjN0?mod=weibotimeSmall partners about bitcoin China suspended all news withdrawals are false news Bitcoin Chinese recharge and withdrawals everything is normal. If you need help, please call customer service phone 400-664-3033 A chinese guy on tradingview chat was telling me this yesterday. a lot of chinese are not concerned at all - after all, the chinese have declared that they cant ban it, dont have the authority to ban it, and dont wish to ban it. There will be a loop hole in the system for deposits somewhere. ill bet on it, seems like the chinese think so. thanks for posting. China needs to die before the bull market can resume. The reason is simple: A China market that is still alive can die. A China market that is dead cannot die because it is already dead. That sucks for the Chinese traders and investors. Blame the PBoC if you like, but it's the truth. the chinese govt is simply not simple. One word from the PBoC and the bull run resumes. China is uncertainty. Markets hate uncertainty. Why is that so hard to grasp? Why is it so hard to accept? markets hate uncertainty. chinese LOVE bitcoin. what are you accusing me of? anything is possible. I dont have the crystal ball, though a lot of people enjoy accusing me of this. |
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Patel
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Activity: 1321
Merit: 1007
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April 28, 2014, 04:43:50 AM |
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windjc
Legendary
Offline
Activity: 2156
Merit: 1070
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April 28, 2014, 04:47:53 AM |
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derpinheimer
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Activity: 896
Merit: 1000
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April 28, 2014, 04:48:27 AM |
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It never ends  |
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chessnut
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Activity: 924
Merit: 1001
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April 28, 2014, 04:48:45 AM |
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today is the 28th, this is dated the 27th. |
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y3804
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April 28, 2014, 04:48:50 AM |
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That's not what I'm looking for. We know that Merchants Bank is cancelling accounts (simply look at BTCChina announcement yesterday and CHBTC's announcement on the 25th) There must be something else! Otherwise it's insider trading lol |
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windjc
Legendary
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Activity: 2156
Merit: 1070
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April 28, 2014, 04:49:24 AM |
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LOL @ these fake bids on Finex. That 1700 until 420 is really about 500-700.
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