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K~Ehleyr
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Activity: 434
Merit: 250
Ooh, shiny things!!
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January 06, 2017, 11:49:58 AM |
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Where is everybody going to see the 3-year charts? Bitcoinwisdom doesn't seem to go back more than one week.
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Ted E. Bare
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January 06, 2017, 11:52:04 AM |
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Still the ask side doesn't look too impressive so in theory this can shoot right back up...
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podyx
Legendary
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Activity: 2338
Merit: 1035
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January 06, 2017, 11:56:32 AM |
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But doesn't this already look very bottomish?
Looks very bearish. Look at huobi 3d chart. I'm trying to figure out how we went from so bullish to very bearish so quick. Something is not adding up...
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Araudan
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January 06, 2017, 11:59:25 AM |
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Hey guys, do you have an idea if the price will go down again ?
Because I would like to buy 1800€ for my saving, would like to buy at the right moment you know...
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leowonderful
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Activity: 1624
Merit: 1130
Bitcoin FTW!
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January 06, 2017, 12:01:26 PM |
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Hey guys, do you have an idea if the price will go down again ?
Because I would like to buy 1800€ for my saving, would like to buy at the right moment you know...
Nobody knows. Chances are we've reached the bottom of the drop, but then again we could still go further down to the mid or lower 800s. I would say buy a little now and see what happens later, uncertain times.
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step_mike
Copper Member
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Activity: 1284
Merit: 261
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January 06, 2017, 12:23:23 PM |
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Another horror story about bitcoin for the Chinese people?
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step_mike
Copper Member
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Activity: 1284
Merit: 261
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January 06, 2017, 12:25:11 PM |
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Hey guys, do you have an idea if the price will go down again ?
Because I would like to buy 1800€ for my saving, would like to buy at the right moment you know...
Not the best time to buy. Wait until markets will calm down and understand the trend movement.
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savetherainforest
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January 06, 2017, 12:49:13 PM |
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Another horror story about bitcoin for the Chinese people?
Yep... they seem to want to control the world. Well... I guess they will have to be pleased for now with d!ck!  Also I gave up on re-posting that 'quote' of that spammer guy. Somehow one/multiple of the moderators even if they/he/she/it is not bribed by the Chinese gov... dunno.. I will member this! 
Or just maybe they are nazies and consider the chinese an inferior race... 
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soullyG
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January 06, 2017, 12:54:38 PM |
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Couldn't see this posted already: Officials from the People's Bank of China (PBOC) met with representatives of major bitcoin exchanges this week to urge their compliance with "relevant laws and regulations", according to statements from the central bank.
In total, two press releases were issued today, one by the PBOC's office in Beijing, the other by its Shanghai regional office, in which they revealed the meetings, as well as some information about what was discussed behind closed doors. http://www.coindesk.com/chinas-central-bank-issues-warnings-major-bitcoin-exchanges/
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kurious
Legendary
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Activity: 2618
Merit: 1749
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January 06, 2017, 12:57:37 PM |
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Couldn't see this posted already: Officials from the People's Bank of China (PBOC) met with representatives of major bitcoin exchanges this week to urge their compliance with "relevant laws and regulations", according to statements from the central bank.
In total, two press releases were issued today, one by the PBOC's office in Beijing, the other by its Shanghai regional office, in which they revealed the meetings, as well as some information about what was discussed behind closed doors. http://www.coindesk.com/chinas-central-bank-issues-warnings-major-bitcoin-exchanges/It doesn't sound like a ban - just 'caveat emptor' (buyer beware). So 'China ban' is pure FUD
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European Central Bank
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Activity: 1288
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January 06, 2017, 12:58:16 PM |
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So 'China ban' is pure FUD
yep. but that doesn't stop it working like a charm every.single.time.
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saekki
Newbie
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Activity: 31
Merit: 0
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January 06, 2017, 01:01:52 PM |
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China bans bitcoin again and we are still higher than couple of weeks ago. Seems quite bullish to me.
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savetherainforest
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January 06, 2017, 01:05:03 PM |
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What a shocker that whole rise was a manipulation by China, right?
Time to bath in bull blood.
I think in ancient norse gods times they used reindeer blood...  Too bad Rudolf is contaminated with radiation now from Chernobyl... 
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kurious
Legendary
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Activity: 2618
Merit: 1749
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January 06, 2017, 01:05:19 PM |
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On stamp a 400 BTC buy will put us up over 950...
Once this dump turns, it will spike up fast. Never a dull moment, eh Honeybadger?
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Tzupy
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January 06, 2017, 01:06:12 PM |
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Support broken. Looks like we are in the middle of the second leg down of A.
Critical support broken, confirms we were in the middle. Bottom should be around 5000 CNY. China won't drop right now, so either the last small part of the dump is truncated, or delayed for several hours. 5000 CNY would have been a bear's wet dream. 
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ImI
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January 06, 2017, 01:09:15 PM |
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It doesn't sound like a ban - just 'caveat emptor' (buyer beware).
Exactly. And its obv no coincidence as we just broke the Yuan ATH. They are afraid of a bubble.
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kurious
Legendary
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Activity: 2618
Merit: 1749
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January 06, 2017, 01:10:33 PM |
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Support broken. Looks like we are in the middle of the second leg down of A.
Critical support broken, confirms we were in the middle. Bottom should be around 5000 CNY. China won't drop right now, so either the last small part of the dump is truncated, or delayed for several hours. 5000 CNY would have been a bear's wet dream.  I never margin trade, but this is a moment I would expect some smart types to go long. You still think we have further to go down? I am not criticising - given your recent prescience, I am asking.
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