Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[edgar]

im loving it

[Cassius]

So... how low will this go?
My guess is it wont dip beneath 900. After that a large move up.

My guess is ~850ish. That is approximately the bottom line of the current mid-term uptrend (not the accelerated recovery uptrend we saw since January).

We are pretty lucky that we know now that the Chinese exchanges had less market share than we thought a month ago. So the PBOC actually (probably unintentionally) could help to stabilize the price, because even a complete "Chexit" would not mean the end of Bitcoin.

@molecular: It's quite understandable -- most of the dumpers would like to withdraw CNY now if BTC is not possible ...

It's like Gox, only in reverse. You can only get fiat out.
As a result, CNY will see a very small rise in value today, just like Gox traded BTC at a premium

[kehtolo]

Sorry guys, this is all my fault.
You see, I couldn't help myself today and bought €50 worth.
That was this morning..
Now look at it.
Sorry.

[julian071]

Sorry guys, this is all my fault.
You see, I couldn't help myself today and bought €50 worth.
That was this morning..
Now look at it.
Sorry.

Next time please let us know in advance.

[RayX12]

In the end AML should be good for bitcoin.

[Paashaas]

Watch out for Japan guys...Bitcoin is a true rising star over there!

[bitcoinvest]

it was really hard for me to login to exchange and sell some minutes before. i tried more that 4-5 times..... lucky enough i sold at higher price

and now i just look the sale orders coming like crazy..... we go more down i see

we are talking about 80 euro down.... some hours before i asked here where do you see we go from 1000euro base and feeling was UP.... but not...

[becoin]

In the end AML should be good for bitcoin.

Bitcoin central bank should be even better?

[Torque]

Wow, the media is going to have a field day with this one, I can see the headlines now.

"China PBOC Bans Bitcoin"

[Denker]

since we are the last days on the 1000€ base what do you think regarding if it's a good time to buy or sell? any ideas where do we go from here???

Imo this depends if we will have one final push which positions us in a comfortable area like 50€+ above the 1000.
If not I think we will go down to around 900€, recharge batteries, and give it another try some time later.
Really hard to say which of the two options is going to happen. I hope upwards of course.

Oh boy that was quick!
I did not expect it to happen that quick.
Kraken down to 915€ at this moment!

[slap]

Well, one can sell only once. After that, one has fiat, and one can buy again.
Thats some 1337 fundamental TA

[vgo]

Great job!!!

Magic Willy.



NoOK Coin Star



Hubi duby doo



LTCChina

[pinger]

In the end AML should be good for bitcoin.

Bitcoin central bank should be even better?

Not really, but AML is running in US and nobody dies because of it. Why china should be different?

[bitcoinvest]

well, if you can't take the risk don't!

we have a huge sale order wall across all the exchanges people...

you think the party is over? shall i buy back now or wait more?

my feeling is that we will go more down. what is your opinion?? any more news?

[European Central Bank]

about time. go away china and remember not to come back. time to move beyond and it's a price well worth paying.

[Torque]

Let's see, so China PBOC has had years to do this with their exchanges.

But they waited, waited years and did nothing.

So why now?  Hmmm.... four weeks to implement KYC/AML.  Hmmm exactly a month from now.

So what happens exactly a month from now that's gonna be sooooo important?  

Hmmm....

[shapeshiftscam]

http://www.coindesk.com/two-chinas-biggest-exchanges-stop-bitcoin-withdrawals/

oh boy. fuck dat shit.

edit: so now they can only sell their coins if they want to get out. 

PBOC seems very retard, they suspect bitcoiners laundry money, but the truth is that most people have less than 100 BTC, money landry with a little money? They should focus more on fiat laundrying, they hate Chinese earn money from bitcoin, they are envy those early adopters.

[bitcoinvest]

imagine now that you could not touch your bitcoins for one month......
remembers me the MtGox days...
and imagine this first wave came up and now in China is night.... until tomorrow i would say (maybe in any minute also) we will have a second wave that will bring us bellow 850 about .....

my personal opinion comparing to the last dump...

this was planned to happen now and we will see more dumps at the next hours..

[AlexGR]

The good thing is that people got a new "reminder". If you don't get the coins in your wallet, you don't really own them.

So if you buy coins => get them right away in your own wallet, don't leave them in an exchange... Exchanges get "hacked", get government interventions, etc etc.

[Lauda]

$970. Save yourselves!