nioc
Legendary
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Activity: 1624
Merit: 1008
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January 11, 2017, 12:19:40 PM |
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is crypto done??   In China it looks like that. On previous corrections it took several gradual corrections to break critical support, now it's like hot knife through butter... But didnt you say a dump to 660$ was about to happen these days? If so its expected market behaviour Not so sudden, this is abnormal. Nothing is abnormal about this. Corrective wave. Bitcoin isn't dead. Wake up Corrective wave predicted the latest China bans btc? Edit: posted before your post just above, lol |
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podyx
Legendary
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Activity: 2338
Merit: 1035
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January 11, 2017, 12:20:38 PM |
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Fuck, how can it go so low on these news?
It should of been a flash crash. To me, it seems those news had substance behind them :/
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orpington
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January 11, 2017, 12:21:15 PM |
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Ugh. What exactly the fuck is it this time!?
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Cassius
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Activity: 1764
Merit: 1031
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January 11, 2017, 12:22:07 PM |
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Well that got out of hand pretty fast.
Is China even awake?
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tabnloz
Legendary
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Activity: 961
Merit: 1000
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January 11, 2017, 12:23:48 PM |
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damn, just keeps falling.
speaking of falling, might see faaallllling back at this rate.
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Bitcoinb0b
Newbie
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Activity: 34
Merit: 0
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January 11, 2017, 12:24:22 PM |
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aww sheeet the Fibonacci sequence is extending with reverse momentum my nig....
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Cassius
Legendary
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Activity: 1764
Merit: 1031
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January 11, 2017, 12:27:12 PM |
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damn, just keeps falling.
speaking of falling, might see faaallllling back at this rate.
If you don't behave yourself igorr will appear with his favourite chart of the downtrend. |
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1116
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January 11, 2017, 12:28:58 PM |
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This is disheartening, gentlemen.
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JayJuanGee
Legendary
 Online
Activity: 4438
Merit: 14364
Self-Custody is a right. Say no to "non-custodial"
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January 11, 2017, 12:29:07 PM |
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Fuck, how can it go so low on these news?
It should of been a flash crash. To me, it seems those news had substance behind them :/
Nah... the news is just a convenient coincidence... maybe the news may exacerbate a little bit on the margins, but in the end it is just a matter of attempting to create momentum and some whales possibly having a lot of coins to dump (I don't know from where they are getting the coins, but that may be another story)... my point is that this dump is not so out of the normal, partly because we had a three month increase in price (from lower $600s to mid-$1,100s) with hardly any correction. |
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Farmer Bill
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January 11, 2017, 12:29:55 PM |
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ive been logged into bitstamp since 1 hour in uk
no problems with trading
No problem with any other sites - but still can't get into Stamp - have fiat there and want to get in...! Bitstamp said if you change your DNS server to Google ( 8.8.8.8 ), it will work as a temporary solution. Have you tried that? Thanks for that I used both 8.8.8.8 and 4.4.4.4 and Ive got Stamp back up just in time to find all my buy orders from 792 to 831 filled. Shit I could have done better had I been able to log in. Do you think this was deliberate? |
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nioc
Legendary
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Activity: 1624
Merit: 1008
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January 11, 2017, 12:32:59 PM |
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This is disheartening, gentlemen.
Speaking of back, look who's back  |
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Tmdz
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January 11, 2017, 12:36:19 PM |
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CRAP I knew I should have pulled this buy order at $885 and went lower
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Farmer Bill
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January 11, 2017, 12:38:08 PM |
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Thanks for that I used both 8.8.8.8 and 4.4.4.4 and Ive got Stamp back up just in time to find all my buy orders from 792 to 831 filled. Shit I could have done better had I been able to log in. Do you think this was deliberate?
Yes. PBOC waited for Bitstamp to be unavailable.  |
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petahashminer
Legendary
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Activity: 1890
Merit: 1037
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January 11, 2017, 12:38:18 PM |
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yefi
Legendary
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Activity: 2842
Merit: 1515
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January 11, 2017, 12:38:56 PM |
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How did it drop so fast? Any news?
On-site inspection (raid) of BTCChina that someone posted earlier? Dunno otherwise. It sucks donkey balls. |
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orpington
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January 11, 2017, 12:40:16 PM |
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haha "on-site inspection"
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rjclarke2000
Legendary
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Activity: 1358
Merit: 1016
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January 11, 2017, 12:41:04 PM |
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I'd be suprised if 666 holds to be honest. 1154 to 800, this hurts.
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MinermanNC
Legendary
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Activity: 2212
Merit: 1000
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January 11, 2017, 12:47:18 PM |
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Yep China is investigating BTC exchanges and alike it would seem.... such great timing
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machasm
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January 11, 2017, 12:52:33 PM |
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Well it does make you think that if the majority of trading is happening in China then being held to ransom by the PBOC is to be expected.
If Bitcoin and the traders alike can stomach this and it can survive then its onwards and upwards.
Until adoption is widespread enough (read beyond China's borders) then this is to be expected.
Doesn't stop it from hurting though as I am feeling it too.
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