rjclarke2000
Legendary
Activity: 1358
Merit: 1016
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February 09, 2017, 02:47:33 PM |
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I'm actually not enjoying this price drop. It's beginning to hurt my eyes seeing these numbers.
Today started so well and looked so bullish. It just shows btc hasn't grown up fully and can be battered at any moment. This will not help ETF
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Cassius
Legendary
Activity: 1764
Merit: 1031
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February 09, 2017, 02:49:32 PM |
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I'm actually not enjoying this price drop. It's beginning to hurt my eyes seeing these numbers.
Today started so well and looked so bullish. It just shows btc hasn't grown up fully and can be battered at any moment. This will not help ETF
Meh. Blame PBoC for this one. Blame Stolfi for the ETF  |
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Biodom
Legendary
Activity: 4480
Merit: 6172
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February 09, 2017, 02:50:26 PM |
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Still the effect of real news is not bigger than the January fall to $800 and lower that happened for no concrete reason, at least until now
I guess the chinese are getting less power in the price, what their next move will be?
Next step would obv be to close a small exchange. Then, after several smaller ones, proceed with the bigger ones. Then go after the miners. Then go after every retailer that accepts BTC. oh, please, just cut it. If they wanted this, they would have done it long time ago. high price as a threat? To what exactly? Sometimes communists have such idiotic notions. |
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HI-TEC99
Legendary
Activity: 2772
Merit: 2847
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February 09, 2017, 02:50:55 PM |
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Still the effect of real news is not bigger than the January fall to $800 and lower that happened for no concrete reason, at least until now
I guess the chinese are getting less power in the price, what their next move will be?
Next step would obv be to close a small exchange. Then, after several smaller ones, proceed with the bigger ones. Then go after the miners. Then go after every retailer that accepts BTC. Going after miners will be tougher, at least the small ones. And I understand that there isn't much of a 'real' bitcoin economy in China. Few merchants accept it as payment. It's mostly used by speculators. I doubt they will go after miners because if they do they might as well just really ban Bitcoin. They have repeatedly stated they won't ban Bitcoin, they just create a panic every so often. |
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Lauda
Legendary
Activity: 2674
Merit: 3006
Terminated.
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February 09, 2017, 02:53:51 PM |
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Ideas on what's next? I called the dip just a few minutes before it happened. It went down to $910-920 on Bitstamp within seconds. Is it over yet, or are we going to see more action once China wakes up?  |
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Torque
Legendary
Activity: 3822
Merit: 5504
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February 09, 2017, 02:54:55 PM |
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I'm actually not enjoying this price drop. It's beginning to hurt my eyes seeing these numbers.
Today started so well and looked so bullish. It just shows btc hasn't grown up fully and can be battered at any moment. This will not help ETF
Actually it absolutely WILL help the ETF. I believe this is being done in support of the ETF being approved. They've had years to implement this. So what other reason would there be to rush KYC/AML implementation and have it done exactly 4 weeks from today? |
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ImI
Legendary
Activity: 1946
Merit: 1019
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February 09, 2017, 02:54:57 PM |
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"Somehow, they perceive the high price and the rising price as a threat," said one exchange executive speaking under condition of anonymity. If that's the situation we could see some more action out of the PBoC as soon as we break the ATH. At the moment it seems like 1000$ seems to be some kind of magical number to them that they dont want BTC to break. Everytime we break 1000$ they come up with some new bullshit. |
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Pug
Member
Activity: 65
Merit: 10
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February 09, 2017, 02:55:03 PM |
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Guy's at PBOC wanna earn some money for themselves, worked out every time  |
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RayX12
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February 09, 2017, 02:55:21 PM |
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This could be the real last chance to buy bitcoin below $1000??
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promomei
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February 09, 2017, 02:58:55 PM |
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This could be the real last chance to buy bitcoin below $1000??
last chance to sell it  |
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alexout
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February 09, 2017, 02:59:10 PM |
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With the PBOC announcement, if you don't think it will go down further you are delusional.
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podyx
Legendary
Activity: 2338
Merit: 1035
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February 09, 2017, 02:59:51 PM |
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With the PBOC announcement, if you don't think it will go down further you are delusional.
How serious is it? Chinese exchanges couldn't withdraw bitcoin right? |
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HI-TEC99
Legendary
Activity: 2772
Merit: 2847
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February 09, 2017, 03:00:27 PM |
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Guy's at PBOC wanna earn some money for themselves, worked out every time Can you make an account at either Huobi or OKcoin without giving KYC information provided you don't withdraw fiat? If you can and either exchange suddenly demands KYC information from everyone there will be some customers who would rather lose their Bitcoins than provide KYC. The PBOC could demand those exchanges hand all those unclaimed Bitcoins to it, then do US style auctions. |
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Lauda
Legendary
Activity: 2674
Merit: 3006
Terminated.
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February 09, 2017, 03:00:55 PM |
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With the PBOC announcement, if you don't think it will go down further you are delusional.
How serious is it? Chinese exchanges couldn't withdraw bitcoin right? Basically you can buy BTC/LTC but you can't withdraw any of it. You can only withdraw fiat. This should create even more sell pressure. |
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rjclarke2000
Legendary
Activity: 1358
Merit: 1016
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February 09, 2017, 03:01:22 PM |
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This could be the real last chance to buy bitcoin below $1000??
Ha ha, I keep seeing this! |
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Biodom
Legendary
Activity: 4480
Merit: 6172
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February 09, 2017, 03:02:16 PM |
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I'm actually not enjoying this price drop. It's beginning to hurt my eyes seeing these numbers.
Today started so well and looked so bullish. It just shows btc hasn't grown up fully and can be battered at any moment. This will not help ETF
Actually it absolutely WILL help the ETF. I believe this is being done in support of the ETF being approved. They've had years to implement this. So what other reason would there be to rush KYC/AML implementation and have it done exactly 4 weeks from today? I seconded it on the other thread. Bitcoin's Manifest destiny, man. |
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European Central Bank
Legendary
Activity: 1288
Merit: 1087
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February 09, 2017, 03:03:24 PM |
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Still the effect of real news is not bigger than the January fall to $800 and lower that happened for no concrete reason, at least until now
I guess the chinese are getting less power in the price, what their next move will be?
Next step would obv be to close a small exchange. Then, after several smaller ones, proceed with the bigger ones. Then go after the miners. Then go after every retailer that accepts BTC. there are no retailers in china. the only thing in china is mining and exchanges. losing the mining is alarming, i dunno how things would pan out if they did or even whether it's possible. exchanges, let's get it over with. |
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podyx
Legendary
Activity: 2338
Merit: 1035
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February 09, 2017, 03:07:04 PM |
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Man everything was looking so good.
And then cocksucking PBoC comes and ruins it
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NeuroticFish
Legendary
Activity: 4396
Merit: 7183
Looking for campaign manager? Contact icopress!
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February 09, 2017, 03:11:30 PM |
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Man everything was looking so good.
And then cocksucking PBoC comes and ruins it
It doesn't look that bad. I am just sad I've missed it and that I can't afford to buy a couple of BTC now. It may get back to 1024$ before Monday ends.... |
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Mr. Book
Newbie
Activity: 2
Merit: 0
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February 09, 2017, 03:13:59 PM |
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Is this not just part of the enormous handle, for 3 year cup and handle?
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