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kehtolo
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February 08, 2017, 08:34:00 AM |
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I've just compared OKCOin and Stamp on a 1min chart.. move started in West first
And from what I'm looking at Finex went ahead of Stamp.. Stamp followed, China followed that.. because by that stage we were seeing big red dildos all over.
Looks to me like it started at Finex.
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600watt
Legendary
 Offline
Activity: 2338
Merit: 2106
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February 08, 2017, 08:36:16 AM |
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I've just compared OKCOin and Stamp on a 1min chart.. move started in West first
And from what I'm looking at Finex went ahead of Stamp.. Stamp followed, China followed that.. because by that stage we were seeing big red dildos all over.
Looks to me like it started at Finex.
finex is reliable when it comes to dumps like that. |
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marcus_of_augustus
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Activity: 3920
Merit: 2349
Eadem mutata resurgo
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February 08, 2017, 08:36:34 AM |
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wow, just because of that article? the chinese are crazy man, thanks for link the story (with unnamed sources 'familiar with the matter' 'speaking on condition of anonymity', blah-de-blah) can be used as cover for the manipulation .... not the cause. The gold market has been functioning like this but on bigger scale for ~2 decades. |
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Denker
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Activity: 1442
Merit: 1016
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February 08, 2017, 08:38:06 AM |
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What the fuck happend
Some guys decided to take profits. That's all. On Kraken you can see that as soon as the 1000€ got reached some sell off got triggered. |
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shapeshiftscam
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February 08, 2017, 08:46:12 AM |
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You would have thought that the market would have got used to these "China bans bitcoin" fake news by now. Man people are soo jittery. It is not fake news, it is PBOC routine meeting with Chinese major bitcoin exchanges. And the news is released in Sina, which is the biggest Chinese news website. It cited Bloombreg's insider released the source. |
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alexout
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February 08, 2017, 08:47:24 AM |
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Good opportunity to buy up some cheaper coins.
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rjclarke2000
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Activity: 1358
Merit: 1016
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February 08, 2017, 09:20:49 AM |
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This price going up then china releasing some bullshit news to hammer it down cycle is laughable. |
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0rganic
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Activity: 119
Merit: 10
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February 08, 2017, 09:26:15 AM |
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JayJuanGee
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Activity: 4158
Merit: 12607
Self-Custody is a right. Say no to "non-custodial"
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February 08, 2017, 09:26:37 AM |
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This price going up then china releasing some bullshit news to hammer it down cycle is laughable. Maybe it is too early to know for sure, but really, even if you have corroboration, that does not necessarily mean causation... especially since we pretty much went from $1000 to $1070 without any meaningful correction. It's just an excuse for a correction that was likely due... Sure, it would have been nice to have gone straight past $1200 - but that is too optimistic, no? Don't we have to kind of expect some corrections here and there before we get to or go past the ATH? |
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_nur
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February 08, 2017, 09:28:33 AM |
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Downtrend!!!!
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stereotype
Legendary
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Activity: 1554
Merit: 1000
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February 08, 2017, 09:34:00 AM |
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This price going up then china releasing some bullshit news to hammer it down cycle is laughable. Dont know what to make of Star's comment. Is he really asking the PBOC to be a custodian of Bitcoin?..... "OkCoin Chief Executive Officer Star Xu suggested the PBOC set up a third-party custodian platform to prevent exchanges from absconding with users’ money, the company said in an e-mailed statement." |
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Fatman3001
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Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
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February 08, 2017, 09:44:35 AM |
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It's pretty clear by now that PBOC is manipulating the market.
Which means they trade BTC.
Which is good, I guess.
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bitebits
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Activity: 2317
Merit: 3791
Flippin' burgers since 1163.
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February 08, 2017, 10:50:06 AM |
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Think it is really healthy these kind of 'corrections' take place.
Growth needs to be steady to be without major side effects + the bitcoins get distributed to a larger group of holders. Both are good for a longer time rise.
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Karartma1
Legendary
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Activity: 2310
Merit: 1425
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February 08, 2017, 10:56:06 AM |
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The four stars and stripes digits are being tested hard (and they are holding). I can't stop watching the trades but I hope the $1000 resistance will keep the dump away. This is a real turning point to see a glorious march ahead. Or, at least, this is the way I see it.
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soullyG
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February 08, 2017, 10:57:32 AM |
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Yup, clawing back last nights losses already  "China bans Bitcoin!!!!11" lol  |
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gembitz
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February 08, 2017, 11:00:30 AM |
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^fake news  lmfao |
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0rganic
Member
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Activity: 119
Merit: 10
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February 08, 2017, 11:05:36 AM |
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Up! she goes, No! stopping! the Honey Badger
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Lauda
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Activity: 2674
Merit: 3004
Terminated.
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February 08, 2017, 11:07:24 AM |
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How many times has China banned Bitcoin? It's pretty clear by now that PBOC is manipulating the market.
Since when are minor price movements in either direction equal to market manipulation? |
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600watt
Legendary
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Activity: 2338
Merit: 2106
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February 08, 2017, 11:34:30 AM |
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How many times has China banned Bitcoin? It's pretty clear by now that PBOC is manipulating the market.
Since when are minor price movements in either direction equal to market manipulation? since... day one, no? |
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