Richy_T
Legendary
 Offline
Activity: 2464
Merit: 2146
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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November 18, 2013, 03:02:13 AM |
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Or were you thinking more Number of the Beast?
Indeed  |
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Sitarow
Legendary
Offline
Activity: 1792
Merit: 1047
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November 18, 2013, 03:02:55 AM |
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Great Digital Wall of China
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haightst
Newbie
Offline
Activity: 42
Merit: 0
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November 18, 2013, 03:03:04 AM |
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/\575 *haaa i thought you found it for a second there lmao!!! 
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Crazy
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November 18, 2013, 03:04:07 AM |
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Is BTCChina tanking or something? Last posted trade was 6 min ago @ 3420
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windjc
Legendary
Offline
Activity: 2156
Merit: 1070
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November 18, 2013, 03:04:43 AM |
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37 BTC just dropped BTCChina 200+ points.
Lol.
What are they doing over there?
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accord01
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November 18, 2013, 03:05:27 AM |
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Right now bitfinex price is a lot higher than bitstamp. What will it's price be like once they have $ on bitstamp?
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windjc
Legendary
Offline
Activity: 2156
Merit: 1070
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November 18, 2013, 03:06:13 AM |
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This is gonna hurt when it ends but selling is never an option
Check the 2 hour charts. We are coming down in 3...2...1... What do you mean? You just saw what I mean. China dropped 400 points in less than 10 minutes. Now let's see what happens. If it recovers from here I will be impressed. I expect we will be in correction mode for a least a day or so. But who knows? |
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ardana123
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November 18, 2013, 03:07:41 AM |
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Of course it will recover, the april crash is still fresh in people's minds. Up Up Up AND TO THE MOON
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Miz4r
Legendary
Offline
Activity: 1246
Merit: 1000
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November 18, 2013, 03:08:22 AM |
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Is BTCChina tanking or something? Last posted trade was 6 min ago @ 3420
It went from 3200 to 3600 within 1 hour.. going back to 3420 seems like only a minor correction and still a crazy 200 CNY increase from an hour earlier. Wouldn't be surprised if it cools down a bit more. |
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Crazy
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November 18, 2013, 03:09:30 AM |
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Is BTCChina tanking or something? Last posted trade was 6 min ago @ 3420
It went from 3200 to 3600 within 1 hour.. going back to 3420 seems like only a minor correction and still a crazy 200 CNY increase from an hour earlier. Wouldn't be surprised if it cools down a bit more. The value is irrelevant, the fact that bitcoinity is no longer getting trading information is what's important. Unless that's just a bitcoinity problem. Which it's not. |
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windjc
Legendary
Offline
Activity: 2156
Merit: 1070
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November 18, 2013, 03:09:58 AM |
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Of course it will recover, the april crash is still fresh in people's minds. Up Up Up AND TO THE MOON
I meant immediately. Like if China is at another ATH in an hour. I will be impressed. |
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byronbb
Legendary
Offline
Activity: 1414
Merit: 1000
HODL OR DIE
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November 18, 2013, 03:10:40 AM |
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37 BTC just dropped BTCChina 200+ points.
Lol.
What are they doing over there?
Sell wall has shown up. |
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crazy_rabbit
Legendary
Offline
Activity: 1204
Merit: 1001
RUM AND CARROTS: A PIRATE LIFE FOR ME
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November 18, 2013, 03:10:46 AM |
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Is BTCChina tanking or something? Last posted trade was 6 min ago @ 3420
It went from 3200 to 3600 within 1 hour.. going back to 3420 seems like only a minor correction and still a crazy 200 CNY increase from an hour earlier. Wouldn't be surprised if it cools down a bit more. While it would hurt my heart, I would be fine with a return to $500 and hang out there for a few days/weeks. |
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accord01
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November 18, 2013, 03:10:55 AM |
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This is gonna hurt when it ends but selling is never an option
Check the 2 hour charts. We are coming down in 3...2...1... What do you mean? You just saw what I mean. China dropped 400 points in less than 10 minutes. Now let's see what happens. If it recovers from here I will be impressed. I expect we will be in correction mode for a least a day or so. But who knows? maybe my ticker is off, but china is still at 3420... |
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YoYa
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November 18, 2013, 03:11:47 AM |
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Just a thought, but what if BtcChina's trading engine is responsible for the price distortion(fubar)....wouldn't that throw the market in to disarray?
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ardana123
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November 18, 2013, 03:13:54 AM |
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37 BTC just dropped BTCChina 200+ points.
Lol.
What are they doing over there?
What ticker are you using to get that info? |
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Crazy
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November 18, 2013, 03:15:14 AM |
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Yeah, looks like volume is causing some lag @ BTCChina. Maybe a large sell off?
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explorer
Legendary
Offline
Activity: 2016
Merit: 1259
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November 18, 2013, 03:15:38 AM |
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37 BTC just dropped BTCChina 200+ points.
Lol.
What are they doing over there?
What ticker are you using to get that info? is working normally |
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windjc
Legendary
Offline
Activity: 2156
Merit: 1070
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November 18, 2013, 03:16:25 AM |
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37 BTC just dropped BTCChina 200+ points.
Lol.
What are they doing over there?
What ticker are you using to get that info? Just watching the action on www.bitcoinwisdom.com |
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TakeTheSkyRoad
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November 18, 2013, 03:17:35 AM |
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A few people have said that one reason why there might be such a rush to buy in China is the struggle to get money out of the country and to get USD. So the BTC is being used (in these cases) as a middle-man trading currency.
So I'm wondering which exchange would be the best place to sell to USD and transfer back out to a china friendly bank account ?
Ironically for everyone in the states I'm actually wondering if Hong Kong based gox is the place.
Maybe bit stamp though ?
Or would they not need to sell through an exchange ?
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