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prof7bit
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November 14, 2013, 08:28:19 PM |
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gox lag 60 seconds -> panic
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Nightowlace
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November 14, 2013, 08:29:11 PM |
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authorities can blacklist btcchina website at a whim and panic will ensue.
That is one of my biggest concerns. And TGF is there, people may know there way around it but if BTC goes to black market only with a US regulated market and a black market in China expect a serious nose dive. |
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Nightowlace
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November 14, 2013, 08:30:51 PM |
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And here we go. My prediction; large sell off ($350) followed by a prop up the market buy ($400) then massive sell to shake the weak hands and get their coins cheap ($215)
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Walsoraj
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November 14, 2013, 08:30:56 PM |
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It is the speculation thread, but I suspect China will follow Stamp and Gox in a massive selloff. They have more weak hands than anybody at the moment, because they represent the most new money. Should the bearish signals prove to be true of course.
single digits by friday. |
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ardana123
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November 14, 2013, 08:34:11 PM |
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It is the speculation thread, but I suspect China will follow Stamp and Gox in a massive selloff. They have more weak hands than anybody at the moment, because they represent the most new money. Should the bearish signals prove to be true of course.
single digits by friday. Is it possible the price could go negative with bitcoin? |
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BRADLEYPLOOF
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November 14, 2013, 08:35:07 PM |
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It is the speculation thread, but I suspect China will follow Stamp and Gox in a massive selloff. They have more weak hands than anybody at the moment, because they represent the most new money. Should the bearish signals prove to be true of course.
single digits by friday. Is it possible the price could go negative with bitcoin? Not unless you were willing to pay someone to transfer your bitcoin to them... |
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gizmoh
Legendary
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Activity: 1428
Merit: 1000
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November 14, 2013, 08:37:38 PM |
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It is the speculation thread, but I suspect China will follow Stamp and Gox in a massive selloff. They have more weak hands than anybody at the moment, because they represent the most new money. Should the bearish signals prove to be true of course.
Right, chinese are a big X factor, most newcomers are weak hands and many chinese are new to the game.We don't know how much money is being injected, how much volume is real and not traded over and over with 0 fees. Another worst case scenario, Chinese authorities can blacklist btcchina website at a whim and panic will ensue. The great firewall isn't that great. Easily bypassed with the right tools. And the folks that are investing heavily in BTC from China likely know those tools and their way around TGF. I've personally gone around TGF on many occasions. Sure it can be circumvented, panic will ensue because of the message that it would deliver: that authorities would be against bitcoin. And most chinese, by fear, abide by the regime's rules. |
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keewee
Legendary
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Activity: 1025
Merit: 1000
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November 14, 2013, 08:39:29 PM |
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gox lag 60 seconds -> panic
It is higher than normal. I see about 30-50 seconds lag indicated on Clark Moody |
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Feri22
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November 14, 2013, 08:43:31 PM |
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It is the speculation thread, but I suspect China will follow Stamp and Gox in a massive selloff. They have more weak hands than anybody at the moment, because they represent the most new money. Should the bearish signals prove to be true of course.
single digits by friday. Is it possible the price could go negative with bitcoin? Yes, it is... https://bitcointalk.org/index.php?topic=333824.0 |
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BRADLEYPLOOF
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November 14, 2013, 08:47:37 PM |
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It is the speculation thread, but I suspect China will follow Stamp and Gox in a massive selloff. They have more weak hands than anybody at the moment, because they represent the most new money. Should the bearish signals prove to be true of course.
single digits by friday. Is it possible the price could go negative with bitcoin? Yes, it is... https://bitcointalk.org/index.php?topic=333824.0Think you grabbed the wrong quote yo...negative value vs black/red listing addresses/coins |
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Nightowlace
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November 14, 2013, 08:49:09 PM |
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I mean really though guys what is there to worry about? A bunch of old senators who can't comprehend a bitcoin, whose campaigns are single handily funded by the greedy corrupt business' and banking establishments of the free world that bitcoin was created to combat, sitting around deciding the regulations for said virtual currency. I totally see them welcoming it with open arms.  |
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maz
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November 14, 2013, 08:51:54 PM |
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It is the speculation thread, but I suspect China will follow Stamp and Gox in a massive selloff. They have more weak hands than anybody at the moment, because they represent the most new money. Should the bearish signals prove to be true of course.
single digits by friday. Is it possible the price could go negative with bitcoin? Yes, it is... https://bitcointalk.org/index.php?topic=333824.0Haha, first time seeing that...wow...a bit wtf.... |
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maz
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November 14, 2013, 08:53:53 PM |
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I mean really though guys what is there to worry about? A bunch of old senators who can't comprehend a bitcoin, whose campaigns are single handily funded by the greedy corrupt business' and banking establishments of the free world that bitcoin was created to combat, sitting around deciding the regulations for said virtual currency. I totally see them welcoming it with open arms. + 1 If there is one thing I've learned whilst dealing with political people, it's that they don't really care to comprehend anything, only how it effects them or their purposes. |
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bitcodo
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November 14, 2013, 08:55:27 PM |
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BRADLEYPLOOF
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November 14, 2013, 08:56:20 PM |
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I mean really though guys what is there to worry about? A bunch of old senators who can't comprehend a bitcoin, whose campaigns are single handily funded by the greedy corrupt business' and banking establishments of the free world that bitcoin was created to combat, sitting around deciding the regulations for said virtual currency. I totally see them welcoming it with open arms. + 1 If there is one thing I've learned whilst dealing with political people, it's that they don't really care to comprehend anything, only how it effects them or their purposes. Well, they (senators) could always create a bunch of unlisted addresses and take bribes without anyone knowing...That would be a positive effect on their bottom line and help fund whatever stupid purpose they have in life. |
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ardana123
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November 14, 2013, 08:58:53 PM |
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The only words that will get through to them are:
Silk Road... Drugs... Anonymous digital currency... Money Laundering... Terrorism (this is a big one)...
And that's all they'll need to know. Prepare for the worst guys.
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tbcoin
Legendary
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Activity: 1022
Merit: 1000
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November 14, 2013, 08:59:44 PM |
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ChartBuddy
Legendary
Offline
Activity: 2254
Merit: 1781
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 14, 2013, 09:02:09 PM |
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Nightowlace
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November 14, 2013, 09:02:40 PM |
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The only words that will get through to them are:
Silk Road... Drugs... Anonymous digital currency... Money Laundering... Terrorism (this is a big one)...
And that's all they'll need to know. Prepare for the worst guys.
+1 |
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