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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (9.1%)
8/4 - 16 (13.2%)
8/11 - 7 (5.8%)
8/18 - 6 (5%)
8/25 - 8 (6.6%)
After August - 72 (59.5%)
Total Voters: 121

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26484202 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
Spaceman_Spiff
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December 16, 2013, 06:55:33 PM
 #62221


lol, nice one  Grin !

Epic grammar error included  Roll Eyes
I am assuming you had that picture waiting for the right moment?
seriouscoin
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December 16, 2013, 06:56:42 PM
 #62222

Does anyone have a link for the latest news from China? I'm a little groggy from an all night booze up.

Supposidly Chinese government has banned payment processors from working with Bitcoin exchanges. Leading to the "ok situation" where you can buy and sell bitcoins and withdraw your cash, but you can't put more cash back into the system. (Huh?)

http://www.coindesk.com/china-bans-payment-companies-working-bitcoin-exchanges-sources-claim/

Unfortunately, it seems to be shaping up to be true. :-(

I doubt its true

Banks still work with the exchanges. I guess this is just a step to regulate bitcoin through banks only.... NO 3rd party payment system. So now the CCCP can have all bitcoin transactions identified.
adamstgBit
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December 16, 2013, 06:56:52 PM
 #62223

Does anyone have a link for the latest news from China? I'm a little groggy from an all night booze up.

Supposidly Chinese government has banned payment processors from working with Bitcoin exchanges. Leading to the "ok situation" where you can buy and sell bitcoins and withdraw your cash, but you can't put more cash back into the system. (Huh?)

http://www.coindesk.com/china-bans-payment-companies-working-bitcoin-exchanges-sources-claim/

Unfortunately, it seems to be shaping up to be true. :-(
fuck.
I_bitcoin
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December 16, 2013, 06:57:03 PM
 #62224

oops. This does sounds grave.

http://www.coindesk.com/china-bans-payment-companies-working-bitcoin-exchanges-sources-claim/

Coin desk "our source revealed they got their information from various channels, including those people who were at the meeting."

Payment processors banned from working with the Exchanges.

This was old news though right?   This came in that initial announcement from China Central Bank.   No payments or finance/banking companies allowed.

QuestionAuthority
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December 16, 2013, 06:57:39 PM
 #62225

Does anyone have a link for the latest news from China? I'm a little groggy from an all night booze up.

Supposidly Chinese government has banned payment processors from working with Bitcoin exchanges. Leading to the "ok situation" where you can buy and sell bitcoins and withdraw your cash, but you can't put more cash back into the system. (Huh?)

http://www.coindesk.com/china-bans-payment-companies-working-bitcoin-exchanges-sources-claim/

Unfortunately, it seems to be shaping up to be true. :-(

Thanks

Shit, and because of the advice of you dumbasses I reserved half. Fuck!
Sitarow
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December 16, 2013, 06:58:03 PM
 #62226

Krabby
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December 16, 2013, 06:58:25 PM
 #62227

No, adam!
Don't do anything rash!
I_bitcoin
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December 16, 2013, 06:58:48 PM
 #62228

better than television, I tell ya

i pay good money for cable, i dont use it, i have more fun here


That stuff will rot your brain!
Vigil
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December 16, 2013, 06:59:53 PM
 #62229

How does the Chinese government proclaim to everyone through government videos, the great and amazing Bitcoin, only to outlaw its use a few months later?
Wekkel
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yes


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December 16, 2013, 06:59:59 PM
 #62230


lol, nice one  Grin !

Epic grammar error included  Roll Eyes
I am assuming you had that picture waiting for the right moment?

No, did it in record time when the count started. Here's the correct version:

Make one yourself  Grin
http://www.karolinagames.com/horatio/
seriouscoin
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December 16, 2013, 07:00:25 PM
 #62231

Kinda sucks that BTC is basically a hostage in a hand of China's gov at the moment. We need to break free and fly away.

Thats what we're doing right now? breaking free from China....

Only ppl who believed the future of BTC in China are panicking.
mmitech
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December 16, 2013, 07:00:36 PM
 #62232

I think another dump will follow soon, we might visit 500 till tomorrow
Spaceman_Spiff
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December 16, 2013, 07:00:55 PM
 #62233

How does the Chinese government proclaim to everyone through government videos, the great and amazing Bitcoin, only to outlaw its use a few months later?
I think they like bitcoin as a reserve currency versus the USD, but not as an escape against capital controls.  So they want to make sure they have all the info on people holding them.
UnDerDoG81
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December 16, 2013, 07:00:57 PM
 #62234

Aren´t this 2 huge sell offs about 240.000 BTC´s not good for us? The less whales, the less BTC price manipulation I think?
Coma
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December 16, 2013, 07:01:11 PM
 #62235

phhh noobs
5

omg omg omg
mb300sd
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December 16, 2013, 07:01:16 PM
 #62236

How does the Chinese government proclaim to everyone through government videos, the great and amazing Bitcoin, only to outlaw its use a few months later?

Some official buys... pumps it for all its worth, and sells just before the higher ups say no.
ChartBuddy
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December 16, 2013, 07:01:45 PM
 #62237

Vigil
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December 16, 2013, 07:02:06 PM
 #62238

How does the Chinese government proclaim to everyone through government videos, the great and amazing Bitcoin, only to outlaw its use a few months later?
I think they like bitcoin as a reserve currency versus the USD, but not as an escape against capital controls.  So they want to make sure they have all the info on people holding them.
They have told merchants that they are not allowed to price their goods in Bitcoin... nor can people purchase bitcoin through their bank accounts. What then is the point?
UnDerDoG81
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December 16, 2013, 07:02:15 PM
 #62239

I think another dump will follow soon, we might visit 500 till tomorrow

You are trying hard to force people to sell, aren´t you? What happened? Sold too cheap? Hoping to buy cheap coins back?
jojo69
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December 16, 2013, 07:02:15 PM
 #62240

Does anyone have a link for the latest news from China? I'm a little groggy from an all night booze up.

Supposidly Chinese government has banned payment processors from working with Bitcoin exchanges. Leading to the "ok situation" where you can buy and sell bitcoins and withdraw your cash, but you can't put more cash back into the system. (Huh?)

http://www.coindesk.com/china-bans-payment-companies-working-bitcoin-exchanges-sources-claim/

Unfortunately, it seems to be shaping up to be true. :-(

Thanks

Shit, and because of the advice of you dumbasses I reserved half. Fuck!

teach you to listen to us
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