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

[DonQuijote]

China always have bad news, why is different this time??

[gentlemand]

BTCChina shutting down on Sep 30?

https://twitter.com/YourBTCC/status/908285586368167936

Finally. I have seen others mentioning OKcoin and Huobi will stay open. I wonder what the deal is with that or whether it's just more bilge.

[toknormal]

The question is, which will tank the most from China shutting ?

 • demand
 • supply

[ShroomsKit_Disgrace]

BTCChina shutting down on Sep 30?

https://twitter.com/YourBTCC/status/908285586368167936

Oh shit 

I fail to see why this is bad. It is confirmed. They will not trade anymore there. Move on.

[LewisPirenne]

BTCChina at 19K RMB now, which is less than USD3K. 

[ImI]

BTCChina shutting down on Sep 30?

https://twitter.com/YourBTCC/status/908285586368167936

Oh shit 

I fail to see why this is bad. It is confirmed. They will not trade anymore there. Move on.

This is actually good news! /s

[Spaceman_Spiff_Original]

The question is, which will tank the most from China shutting ?

 • demand
 • supply

In a "bubble" new money is coming in from everywhere, so freezing one area should have a net negative effect.

[fragout]

BTCChina shutting down on Sep 30?

https://twitter.com/YourBTCC/status/908285586368167936

Finally. I have seen others mentioning OKcoin and Huobi will stay open. I wonder what the deal is with that or whether it's just more bilge.

Probably want to time their announcement to create most effect and gather up as much cheap btc as possible. They always made a joint announcement previously. Also how come the owner of BTCCs brother knew this was coming a few days ago and they decide to announce the closure today.

Also BTCC said in the tweet that they are closing based on what the chinese gov said on 9/04 which was the ICO ban. Something is amiss and afaik the gov hasnt banned exchanges yet. At least officially

[Meuh6879]

Floor reached ...

[Starving_Marvin]

BTCChina shutting down on Sep 30?

https://twitter.com/YourBTCC/status/908285586368167936

Oh shit 

I fail to see why this is bad. It is confirmed. They will not trade anymore there. Move on.

This is actually good news! /s

I don't understand. Why is it good news that BTCC will stop all trading?

[ImI]

BTCChina shutting down on Sep 30?

https://twitter.com/YourBTCC/status/908285586368167936

Oh shit 

I fail to see why this is bad. It is confirmed. They will not trade anymore there. Move on.

This is actually good news! /s

I don't understand. Why is it good news that BTCC will stop all trading?

[ghandi]

BTCChina shutting down on Sep 30?

https://twitter.com/YourBTCC/status/908285586368167936

Oh shit 

I fail to see why this is bad. It is confirmed. They will not trade anymore there. Move on.

This is actually good news! /s

For real Bitcoiners this is awesome. For average joe who bought Bitcoin @ $4000 in the hope of reaching $5000 this ist catastrophical. Who guarantees him, is -insert favorite exchange- isn't following next month?

[mastrox92]

BTCChina at 19K RMB now, which is less than USD3K. 

if BTC hit 3k again!!!!!!!!

[ghandi]

I wouldn't be surprised. I wouldn't even be surprised to buy in at $200 once more.

This run seems to be over. The latest China news are the final shot. Back to Bearmarket...and let's hope we don't have to wait again 3 years for the next run

[Spaceman_Spiff_Original]

The lack of fear here makes me think this has further to go down.  I am still operating under the assumption that we will see another upleg after this, but the sentiment is starting to make me doubt.  But maybe this forum is too "specialized" to get an accurate reading of the sentiment of the new money.

EDIT: ^ thanks ghandi for the above post giving me some hope 

[El duderino_]

So When 🚀🚀🚀🚀🚀 are we Going back

[gentlemand]

I wouldn't be surprised. I wouldn't even be surprised to buy in at $200 once more.

This run seems to be over. The latest China news are the final shot. Back to Bearmarket...and let's hope we don't have to wait again 3 years for the next run

Death is now walking with you. Accept it and put your affairs in order.

I wonder why the PBOC prick teased their people. They could've done an orderly shutdown instead of reopening them earlier this year.

[sirazimuth]

                                 

[Lauda]

OP should update the poll into 'Where will the bottom be in September'?.

[1982dre]

One month ago we were all cheering at this price.