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Davyd05
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January 16, 2014, 12:59:37 PM |
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Funny how many around here have been saying that China is already out of the picture and have been priced into the market. Yet when china dips every exchange anticipates it and follows along blindly with them. When the 31th comes its gonna be a shit show.
sure it will, what it will do is give me chance at cheap coins if anything happens. |
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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ChartBuddy
Legendary
 Offline
Activity: 2156
Merit: 1759
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 16, 2014, 01:03:54 PM |
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GreekGeek
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January 16, 2014, 01:04:09 PM |
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Funny how many around here have been saying that China is already out of the picture and have been priced into the market. Yet when china dips every exchange anticipates it and follows along blindly with them. When the 31th comes its gonna be a shit show.
 edit: Chinese HOT AIR BALLOON |
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MikeH
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January 16, 2014, 01:05:14 PM |
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if anyone wants this to be the bottom, just send me btc and I'll sell.
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Davyd05
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January 16, 2014, 01:07:40 PM |
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if anyone wants this to be the bottom, just send me btc and I'll sell.
to be honest we should test 880 or 4600 cny to see if this a manip dump trying to catch people playing with the fibs lol |
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Apostata
Member
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Activity: 98
Merit: 10
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January 16, 2014, 01:08:25 PM |
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some bad news brewing in china ,it started with that early out of the blue dump to 5000, now its dumping hard and steady. My wild guess: Huobi corporate bank a/c removed from deposit option..This is pure FUD until proven otherwise.  Huh? Care to elaborate? Is this a guess or is something legit? |
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Richard Branson
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January 16, 2014, 01:09:25 PM |
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Legit.
Banks don't want to get any trouble. They need to be out of bitcoin business before jan 31.
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JorgeStolfi
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January 16, 2014, 01:10:27 PM |
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Huobi's volume was abnormally low in their morning hours, and price was steady at 5100 BTC since their previous night. Then volume jumped up and price plunged to 4925 (eating a 300 BTC wall @ 5000 in a few seconds).
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knarzo
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January 16, 2014, 01:20:22 PM |
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Legit.
Banks don't want to get any trouble. They need to be out of bitcoin business before jan 31.
If Sir Richard says so it has to be legit! There is no chance that this china story is huge pile of FUD! Thank you noble Sir! |
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Ducky1
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January 16, 2014, 01:22:14 PM |
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It seems this time of day (about 9:30 PM chinese time) is a normal dump time over there since it's a recurring event.
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Davyd05
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January 16, 2014, 01:22:58 PM |
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if anyone wants this to be the bottom, just send me btc and I'll sell.
seems like you nailed the bottom for now lol |
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DougTanner
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January 16, 2014, 01:33:11 PM |
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Another 4-5 days?  |
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granathus
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January 16, 2014, 01:33:16 PM |
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Looks like there are some rumours abound in China atm, Huobi is acting really twitchy.
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Apostata
Member
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Activity: 98
Merit: 10
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January 16, 2014, 01:35:53 PM |
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Legit.
Banks don't want to get any trouble. They need to be out of bitcoin business before jan 31.
I know it's been talked about to death but there is no way huobi has found a magic formula that BTC china hasn't. Definitely something strange with them And I guess I didn't read the disclaimers saying this was a guess and complete FUD. I got to "Huobi closed" and that was it |
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manfred
Legendary
Offline
Activity: 966
Merit: 1001
Energy is Wealth
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January 16, 2014, 01:36:26 PM
Last edit: January 16, 2014, 01:52:49 PM by manfred |
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Cant see what the fuss is about 31 jan in China. BTCChina published a noticed on the 8th and its all positive no mention off winding down operation anytime soon. https://bitcointalk.org/index.php?topic=404921.msg4385603#msg4385603I cant not see any reminder to withdraw CNY out before 31st |
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Ducky1
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January 16, 2014, 01:38:31 PM |
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It seems this time of day (about 9:30 PM chinese time) is a normal dump time over there since it's a recurring event.
Actually it was almost exactly 9:00 PM chinese time. It was exactly the same yesterday, a little bit earlier on the day before and the recent low of 4640 was at rougly the same time also. So, traders, not news. |
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proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
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January 16, 2014, 01:40:04 PM |
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Looks like there are some rumours abound in China atm, Huobi is acting really twitchy.
There are no Chinese rumors, only confirmed bad news facts from trusted sources. Sell now! |
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Apostata
Member
Offline
Activity: 98
Merit: 10
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January 16, 2014, 01:40:56 PM |
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Bobby Lee has repeatedly confirmed in interviews that as of the 31st you could no longer use 3rd party payment providers to withdraw funds |
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Ducky1
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January 16, 2014, 01:43:04 PM |
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Looks like there are some rumours abound in China atm, Huobi is acting really twitchy.
There are no Chinese rumors, only confirmed bad news facts from trusted sources. Sell now!  |
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