Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[seriouscoin]

It's awful thing though that Bitcoin is starting to be reliant on what happens in China. We should never let us to be reliant on Chinese government's mood.

+1

I'm not a bear or bull. I've been neutral during all of this. But come on.... wtf ppl?
BTC isnt gonna be "backed" by Chinese. Get real

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[macsga]

Barclays Bank Takes GBP Deposits For New UK Bitcoin Exchange Bit121
Joon Ian Wong (@joonian) | Published on December 15, 2013 at 12:50 GMT | Companies, Exchanges
barclays
Barclays is taking sterling deposits for a new bitcoin exchange, making it the only UK bank to do so currently.

Banks in the UK have avoided working with bitcoin exchanges so far, but customers of new bitcoin exchange Bit121 can deposit their sterling to a Barclays account with a Canary Wharf address.

The account belongs to a payment service provider called PacNet Services Ltd, which Bit121 works with. Barclays therefore does not have a direct relationship with the bitcoin exchange.

When contacted, Barclays refused to comment on its policy towards working with bitcoin exchanges.

Daniel Hunter, head of external communications at Barclays Corporate Banking explained:

http://www.coindesk.com/barclays-bank-uk-bitcoin-exchange-bit121/

[spooderman]

I have been reading this thread for about 6 months. I don't think I missed a page. After having sold for the first time today, I've realized what an incredible waste of time it was!

[TheCoinBull]

For anyone who forgot how this work, Bitcoin has a stable weekend, someone crashes on monday to create panic, not much panic ensures, except a few weak hands, followed by a rocket to the moon, watched to happen 40, 50 60.... times, where has everyone been? This forum is so damn time consuming

[RAJSALLIN]

sold 60 BTC at avg 780 at stamp bounce, i was wrong earlier, but luckily my trading is not based on my predictions, but to reacting what happens

You just said at 820 we were very over sold. You really seem to have no clue what so ever. My advice to you is just stick to your coins and don't try any short term tricks.

[bito]

Whoever made the move - put that 870 wall in to put a little lid on it...

A few coins to take the world markets down this much is cheap for a manipulator.

But the market is way bigger than this move.

People will not want to sell at much below here, but they will want to buy.

HOLD.

The 621 coins that were at 870 were pulled after about 15 coins were bought into it. These coins mysteriously appeared when the 621 coins that had been at 915 for quite a while disappeared.

I call a bear trap.

EDIT: On gox

What do you know, 600ish odd coins at 850 were pulled when the price got within $5

It would be nice if someone took them off their hands

[crazy_rabbit]

Panic buying on Stamp- time for me to sell again. :-)

[spooderman]

I have been reading this thread for about 6 months. I don't think I missed a page. After having sold for the first time today, I've realized what an incredible waste of time it was!

[gandhibt]

sold 60 BTC at avg 780 at stamp bounce, i was wrong earlier, but luckily my trading is not based on my predictions, but to reacting what happens

You just said at 820 we were very over sold. You really seem to have no clue what so ever. My advice to you is just stick to your coins and don't try any short term tricks.

i said we were oversold not very oversold, there's a clear difference

[600watt]

Is this the ship with the international "when-bitcoin-reaches-1000-dollar" party?

no, if btc goes down party will only get cheaper to attend. so no worries from our side.

if the party would be on a ship, expect soemthing like this:

[TheCoinBull]

I have been reading this thread for about 6 months. I don't think I missed a page. After having sold for the first time today, I've realized what an incredible waste of time it was!

+1

[TheCoinBull]

The title of this forum: The Epic Odyssey of Bitcoin Trolls, Bulls, and Bears - Lost in the Deep Web

[RAJSALLIN]

sold 60 BTC at avg 780 at stamp bounce, i was wrong earlier, but luckily my trading is not based on my predictions, but to reacting what happens

You just said at 820 we were very over sold. You really seem to have no clue what so ever. My advice to you is just stick to your coins and don't try any short term tricks.

i said we were oversold not very oversold, there's a clear difference

Fair enough. RSI is not even close to oversold yet fyi.

[nanobrain]

...
2. Don't fool yourself that anyone in China understands a govt proclamation: such notices are notoriously opaque and open to various interpretations.  Translation doesn't help clarify things but the chances are the average Chinese are just as confused as we are.

That's the impression I get from Chinese law too, it looks like they don't make hard fast laws with clear lines but give guidelines and stamp on anyone they feel is abusing them. According to the news so far Bitcoin businesses are booming in China and other than tight controls on exchanges no one one seems to be making any attempt to stop them.

EDIT: Bears are starting to show fear. Silly bears, that just encourages the predators

That's correct - its essentially a difference between prescriptive and descriptive legislation, the former is much more pliable and allows for what might be interpreted as corruption but it is also in practice more responsive.  
Government (Xinhua) press releases are the longest, most turgid and impenetrable pieces of prose you may ever come across...I swear it is done to bore the reader into submission.

[gandhibt]

sold 60 BTC at avg 780 at stamp bounce, i was wrong earlier, but luckily my trading is not based on my predictions, but to reacting what happens

You just said at 820 we were very over sold. You really seem to have no clue what so ever. My advice to you is just stick to your coins and don't try any short term tricks.

i said we were oversold not very oversold, there's a clear difference

Fair enough. RSI is not even close to oversold yet fyi.

depends on a timeframe

[RAJSALLIN]

Technically all exchanges look pretty darn bad, especially China. I think it's far from over.

[gandhibt]

btw i sold 30 BTC more, now i have sold 90 BTC at avg with fees at $783.5

[RAJSALLIN]

sold 60 BTC at avg 780 at stamp bounce, i was wrong earlier, but luckily my trading is not based on my predictions, but to reacting what happens

You just said at 820 we were very over sold. You really seem to have no clue what so ever. My advice to you is just stick to your coins and don't try any short term tricks.

i said we were oversold not very oversold, there's a clear difference

Fair enough. RSI is not even close to oversold yet fyi.

depends on a timeframe

Well, also true. Talking about daily.

[Spaceman_Spiff]

Looks like we got some action going on today.

[Erdogan]

sold 60 BTC at avg 780 at stamp bounce, i was wrong earlier, but luckily my trading is not based on my predictions, but to reacting what happens

You just said at 820 we were very over sold. You really seem to have no clue what so ever. My advice to you is just stick to your coins and don't try any short term tricks.

The good thing about gandhibt is that he said what he did. He did not hold it to himself, then say what he did after the gain was in box, or if he lost, kept quiet.