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

[x2666]

PRAISE BE! DEUS VULT! BLOOD FOR THE BLOOD GOD!

[empowering]

https://twitter.com/cnLedger/status/904612458777559040

PBoC bans ICO. From now on no organizations / persons in China are allowed to raise funds via ICOs.

Meh- this is the same as the many Bitcoin bans- they are going
to investigate 60 ICO platforms - regulate and then ICOs will be back on the table..

China just wants to get their hands around the space..

ICOs will be back - china has already started down the path..
The identity/Law chains and working with OnChain and more
Recently NEO- there has been too much done already for a 180.

They are just securing the ramps here imo.

What will emerge will be "sanctioned" ICOs done in a specific way

In other words China is about to go big ICOs imo

There is so much money being raised in China ATM

This is China bans Bitcoin all over again - and we all know how that turned out

[RealMachasm]

https://twitter.com/cnLedger/status/904612458777559040

PBoC bans ICO. From now on no organizations / persons in China are allowed to raise funds via ICOs.

Oh look another China ban. Been a while since the last one!

[empowering]

Ps Red Pulse ....Supposedly not getting snapped up next week by anyone from China or USA- lol if the pboc or the sec believe that- I have got a bridge for sale...

[x2666]

https://twitter.com/cnLedger/status/904612458777559040

PBoC bans ICO. From now on no organizations / persons in China are allowed to raise funds via ICOs.

Oh look another China ban. Been a while since the last one!

So, so different. Those were mostly biased articles and false spins on what was actually said utilizing English speakers inability to read Mandarin.

This is an outright ban on ICOs which reflects the U.S. SEC's stance albeit more explicit. I don't know why people buy ICOs anyway.

Of course they will continue illegally but if you don't agree there needs to be regulation you are either 1.) a scammer 2.) Naïve

[suzanne5223]

huge dump incoming i hear

Just to make you all aware what sort of joke this guy is. 

Confirmed

We need that DIP, please continue that plan. Before going again to $4900.

This is a good start for tye first day of september, hopefully more good news will come. 

Trust bitcoin it will reach the $4900 - 6000 price range before the end of this month and for the dip that will happen this weekend.

Hah totally forgot its weekend, wow look at this weekend dump!!!

Hope so I will enter again. I am waiting so long!   

You hope so? Have study the price chart movement very well and that's what I get. In addition, you will see that the dip does happen and bitcoin takes a -6.48% dip but the price will be back up though.

huge dump incoming i hear

Just to make you all aware what sort of joke this guy is.  

Confirmed

We need that DIP, please continue that plan. Before going again to $4900.

This is a good start for tye first day of september, hopefully more good news will come.  

Trust bitcoin it will reach the $4900 - 6000 price range before the end of this month and for the dip that will happen this weekend.

Hah totally forgot its weekend, wow look at this weekend dump!!!

I was considering this as a likely scenario as well, just before the BIG P. Do you guys think it's going to eventually happen? I'm mostly a bear yet  

Edit:I guess it's too early to know

It will eventually happen and it always happen but don't be panic due to the -6.48% dip which currently happen cause this just to pave way for new trade or investment.

[kurious]

https://twitter.com/cnLedger/status/904612458777559040

PBoC bans ICO. From now on no organizations / persons in China are allowed to raise funds via ICOs.

Oh look another China ban. Been a while since the last one!

Well it may explain the dumps - some people knew this was coming:

https://www.reddit.com/r/NEO/comments/6wqfd0/red_pulse_due_to_stricter_ico_regulations_weve/?st=j75x9sxg&sh=9dff6ad4

Can we bounce back now, please?

[600watt]

You should never go all in with anything. But if you do not already have a fraction of your portfolio loaded with PM you might better think again right now.

Which is bullshit advice from people who will never make it big. If you understand something better than 99.9% of the population, and it reasonably seems like an absurdly excellent investment then you go full in. If you had done this with BTC, you wouldn't be here sharing bullshit advice. Disclaimer: I am not responsible for people who can't asses what "reasonable" actually is and lose all their money investing in stocks or metals. 

Shouldn't go much lower than $4300

<gribble> Bitstamp | Total bids: 49190800 USD. Total asks: 2449 BTC. Ratio: 20084.79891 USD/BTC. | Data vintage: 0.0663 seconds

Forced dump.

post of the month. I was afraid I had some specific gambling disorder. (never invested in stocks because I thought it was too risky, but sold all silver and gold for bitcoin)

[x2666]

Can we bounce back now, please?

Dead Cat Bounces just delay the inevitable.

[fragout]

I wonder how many of these chinese officials hold bitcoin and for that matter SEC officials who make a killing shorting every time they decide to "regulate"

[x2666]

I wonder how many of these chinese officials hold bitcoin and for that matter SEC officials who make a killing shorting every time they decide to "regulate"

Psh, this is typical of the mental illness within the cryptocurrency community. There MUST be conspiracy and evil meddling afoot! There is no way that infinite ICOs which attempt to steal kid's lunch money could POSSIBLY be negative!

[gentlemand]

Meh- this is the same as the many Bitcoin bans- they are going
to investigate 60 ICO platforms - regulate and then ICOs will be back on the table..

China just wants to get their hands around the space..

ICOs will be back - china has already started down the path..
The identity/Law chains and working with OnChain and more
Recently NEO- there has been too much done already for a 180.

They are just securing the ramps here imo.

What will emerge will be "sanctioned" ICOs done in a specific way

In other words China is about to go big ICOs imo

There is so much money being raised in China ATM

This is China bans Bitcoin all over again - and we all know how that turned out

What's in it for the Chinese government? 99% of ICOs will turn out to be worthless shite even if they're legitimised. Any country that shuts down its stock market won't be well disposed to let something as empty as ICOs flourish.

[conspirosphere.tk]

You should never go all in with anything. But if you do not already have a fraction of your portfolio loaded with PM you might better think again right now.

Which is bullshit advice from people who will never make it big. If you understand something better than 99.9% of the population, and it reasonably seems like an absurdly excellent investment then you go full in. If you had done this with BTC, you wouldn't be here sharing bullshit advice. Disclaimer: I am not responsible for people who can't asses what "reasonable" actually is and lose all their money investing in stocks or metals. 

Now tell it to those who bought in the high 4K.  
But apart from the risk management (and we're dealing with huge risk imho) if you go all in you can't buy low when the opportunity comes.

[El duderino_]

So what kind of idiot is Going to sell right now 😂 😂

[x2666]

So what kind of idiot is Going to sell right now 😂 😂

Only a brave idiot would BUY right now. 

[fragout]

I wonder how many of these chinese officials hold bitcoin and for that matter SEC officials who make a killing shorting every time they decide to "regulate"

Psh, this is typical of the mental illness within the cryptocurrency community. There MUST be conspiracy and evil meddling afoot! There is no way that infinite ICOs which attempt to steal kid's lunch money could POSSIBLY be negative!

How will kids ever learn to be careful with their lunch money when a nanny state feels the need to protect them on every turn. And if you believe that is the reason for the ban, be extra careful with Your lunch money.

[x2666]

How will kids ever learn to be careful with their lunch money when a nanny state feels the need to protect them on every turn. And if you believe that is the reason for the ban, be extra careful with Your lunch money.

This is far from a nanny-state. These are flat out predatory ponzi schemes. It's insanity and it needs to be addressed.
If you actually care about the adoption and success of cryptocurrency you should feel the same way about ICOs.

[600watt]

interesting that the ICO/ETHER super-greed camp is imploding now. dragging down our bitcoin. ICO better implode now for real than causing much more trouble later. e v e r y imaginable s h i t c o i n gets pumped to the millions.

they should have been patient and develop bitcoin sidechains with real life utility. but no, they wanted it all and instantly and without bothering the well established bitcoin platform.  

ETH, all the scam-coins, bcash and other scam-forks- they all want the same thing: kick bitcoin from its throne.  it is amazing how resilient bitcoin is facing the full range of straight competition to full force sabotage.

so yeah, let the scammers burn.

bitcoin and bitcoin only. that is my plan.

how embarrassing that even PBoC sees the ICO scam and acts and not the SEC and no european regulator (which are all busy screaming that bitcoin is dangerous and terror financing and online criminals...)

[fragout]

How will kids ever learn to be careful with their lunch money when a nanny state feels the need to protect them on every turn. And if you believe that is the reason for the ban, be extra careful with Your lunch money.

This is far from a nanny-state. These are flat out predatory ponzi schemes. It's insanity and it needs to be addressed.
If you actually care about the adoption and success of cryptocurrency you should feel the same way about ICOs.

Whether i agree with regulation or not, i do agree that the ICO thing is nuts atmo and i suppose i would have to concede that the masses need protecting from it in the same way a normal ponzi scheme is illegal. Bitcoin was and still is called a ponzi scheme though remember.

My original point though was "I wonder how many of these chinese officials hold bitcoin and for that matter SEC officials who make a killing shorting"
How else would you explain the sell off several hours before the news broke

[DaRude]

Shouldn't capital from Etherpoop be escaping to BTC right about now