noobtrader
Legendary
 Offline
Activity: 1456
Merit: 1000
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October 20, 2015, 04:44:45 PM |
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ok guys.... this change everything, i see 10000 next year or even 100.000 that is after China officially give green light to bitcoin.  |
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Morecoin Freeman
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October 20, 2015, 04:47:29 PM |
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Okay, since the market is moving according to my expectations I debate putting in a massive short around 1750 yuan.
Opinions? This run-up from 1600 to 1800 seems to have died.
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Fatman3001
Legendary
Offline
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
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October 20, 2015, 04:49:33 PM |
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JayJuanGee
Legendary
Offline
Activity: 4438
Merit: 14367
Self-Custody is a right. Say no to "non-custodial"
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October 20, 2015, 04:50:58 PM |
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Thanks for the link. That's a very interesting development to potentially drive BTC prices skyward. |
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JayJuanGee
Legendary
Offline
Activity: 4438
Merit: 14367
Self-Custody is a right. Say no to "non-custodial"
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October 20, 2015, 04:53:02 PM |
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ok guys.... this change everything, i see 10000 next year or even 100.000 that is after China officially give green light to bitcoin. hahahahahahahahahaha You going to take back your previous comment regarding "stagnant through December" ? |
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noobtrader
Legendary
Offline
Activity: 1456
Merit: 1000
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October 20, 2015, 04:57:03 PM |
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ok guys.... this change everything, i see 10000 next year or even 100.000 that is after China officially give green light to bitcoin. hahahahahahahahahaha You going to take back your previous comment regarding "stagnant through December" ? sure if this is true and the news is real, dammnn China has what ? like 1/4 of world population ? and they sure love to gamble/invest/moving money... but... sometimes they post wrong article u know...  |
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ChartBuddy
Legendary
Offline
Activity: 2898
Merit: 2483
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 20, 2015, 05:01:38 PM |
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JayJuanGee
Legendary
Offline
Activity: 4438
Merit: 14367
Self-Custody is a right. Say no to "non-custodial"
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October 20, 2015, 05:02:10 PM |
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ok guys.... this change everything, i see 10000 next year or even 100.000 that is after China officially give green light to bitcoin. hahahahahahahahahaha You going to take back your previous comment regarding "stagnant through December" ? sure if this is true and the news is real, dammnn China has what ? like 1/4 of world population ? and they sure love to gamble/invest/moving money... but... sometimes they post wrong article u know... Yes, it is good for you to qualify your assertion - especially since in the BTC space, we have experienced quite a few ambiguities regarding translations and culture, etc etc. when it comes to China news. |
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Fatman3001
Legendary
Offline
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
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October 20, 2015, 05:03:46 PM |
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ok guys.... this change everything, i see 10000 next year or even 100.000 that is after China officially give green light to bitcoin. hahahahahahahahahaha You going to take back your previous comment regarding "stagnant through December" ? sure if this is true and the news is real, dammnn China has what ? like 1/4 of world population ? and they sure love to gamble/invest/moving money... but... sometimes they post wrong article u know... Yes, it is good for you to qualify your assertion - especially since in the BTC space, we have experienced quite a few ambiguities regarding translations and culture, etc etc. when it comes to China news. I don't really trust cointelegraph, so I thought I'd drop it in here and hear what you people had to say. |
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chennan
Legendary
Offline
Activity: 1316
Merit: 1004
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October 20, 2015, 05:04:58 PM |
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Thanks for the link. That's a very interesting development to potentially drive BTC prices skyward. Ok, so question... If bitcoins prices do end up "sky rocketing" when China gives the green light... Wouldn't this in turn just demotivate China's government once again? The main point of the article was saying that China is starting to like Bitcoin because it's less volatile and can be regulated... If prices sore upwards, there is a bigger chance of a huge dump, and probably drive their government away... Or am I just reading too much into this? |
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Fatman3001
Legendary
Offline
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
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October 20, 2015, 05:08:25 PM |
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Thanks for the link. That's a very interesting development to potentially drive BTC prices skyward. Ok, so question... If bitcoins prices do end up "sky rocketing" when China gives the green light... Wouldn't this in turn just demotivate China's government once again? The main point of the article was saying that China is starting to like Bitcoin because it's less volatile and can be regulated... If prices sore upwards, there is a bigger chance of a huge dump, and probably drive their government away... Or am I just reading too much into this? Nope, that sounds about right. We're looking at an exact copy of late 2013. |
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Cconvert2G36
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October 20, 2015, 05:26:20 PM |
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ok guys.... this change everything, i see 10000 next year or even 100.000 that is after China officially give green light to bitcoin. hahahahahahahahahaha You going to take back your previous comment regarding "stagnant through December" ? sure if this is true and the news is real, dammnn China has what ? like 1/4 of world population ? and they sure love to gamble/invest/moving money... but... sometimes they post wrong article u know... Yes, it is good for you to qualify your assertion - especially since in the BTC space, we have experienced quite a few ambiguities regarding translations and culture, etc etc. when it comes to China news. I don't really trust cointelegraph, so I thought I'd drop it in here and hear what you people had to say. They basically just stole this article: http://shitco.in/2015/10/19/china-unbans-bitcoin/If it makes you feel any better... |
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Fatman3001
Legendary
Offline
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
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October 20, 2015, 05:42:11 PM |
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ok guys.... this change everything, i see 10000 next year or even 100.000 that is after China officially give green light to bitcoin. hahahahahahahahahaha You going to take back your previous comment regarding "stagnant through December" ? sure if this is true and the news is real, dammnn China has what ? like 1/4 of world population ? and they sure love to gamble/invest/moving money... but... sometimes they post wrong article u know... Yes, it is good for you to qualify your assertion - especially since in the BTC space, we have experienced quite a few ambiguities regarding translations and culture, etc etc. when it comes to China news. I don't really trust cointelegraph, so I thought I'd drop it in here and hear what you people had to say. They basically just stole this article: http://shitco.in/2015/10/19/china-unbans-bitcoin/If it makes you feel any better... not really |
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biggus dickus
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October 20, 2015, 05:47:58 PM |
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ok guys.... this change everything, i see 10000 next year or even 100.000 that is after China officially give green light to bitcoin. hahahahahahahahahaha You going to take back your previous comment regarding "stagnant through December" ? sure if this is true and the news is real, dammnn China has what ? like 1/4 of world population ? and they sure love to gamble/invest/moving money... but... sometimes they post wrong article u know... Yes, it is good for you to qualify your assertion - especially since in the BTC space, we have experienced quite a few ambiguities regarding translations and culture, etc etc. when it comes to China news. I don't really trust cointelegraph, so I thought I'd drop it in here and hear what you people had to say. What does the China Central Bank have to say on the matter? I've lost count of the amount of times China has been rumored to have banned, then unbanned Bitcoin. The latest Wikipedia says is the China Central Bank does not allow Bitcoin to be used as a currency, but trading it is allowed. If the China Central Bank starts allowing it to be used as a currency and Chinese websites can take payment in Bitcoin it could do unbelievable things for the price. https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country#ChinaOn 5 December 2013, China Central Bank barred financial institutions from handling bitcoin transactions, moving to regulate the virtual currency. The People's Bank of China said financial institutions and payment companies can’t give pricing in bitcoin, buy and sell the virtual currency or insure bitcoin-linked products, according to a statement on the central bank’s website. On 16 December it was speculated that the People's Bank of China had issued a new ban on third-party payment processors from doing business with bitcoin exchanges, however a statement from BTC China suggests this isn't accurate, and rather payment processors had voluntarily withdrawn their services. Trading bitcoins by individuals is however legal in China. |
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LFC_Bitcoin
Diamond Hands
Legendary
Offline
Activity: 4256
Merit: 12775
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October 20, 2015, 05:56:11 PM |
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I've always said that The Far East holds bitcoin's future in it's hands. Please China help us  |
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ChartBuddy
Legendary
Offline
Activity: 2898
Merit: 2483
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 20, 2015, 06:01:40 PM |
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gentlemand
Legendary
Offline
Activity: 2604
Merit: 3090
Welt Am Draht
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October 20, 2015, 06:17:18 PM |
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I've read elsewhere that the Chinese themselves are a bit stumped as to what it means. As ever it's a rather obtuse place. Not sure anyone in authority there can be depended on to be consistent. That ain't how they roll.
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nioc
Legendary
Offline
Activity: 1624
Merit: 1008
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October 20, 2015, 06:18:05 PM |
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damn you guys, you just made me buy more at this price. Baaaaaaaaa
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Fatman3001
Legendary
Offline
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
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October 20, 2015, 06:22:02 PM |
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damn you guys, you just made me buy more at this price. Baaaaaaaaa
Baaaaaaaa |
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