Hfertig
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December 08, 2013, 10:26:45 PM |
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Interesting, suddenly people do trust investment bankers
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Walsoraj
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December 08, 2013, 10:27:03 PM |
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The crash has almost nothing to do with the "quasi"-ban on bitcoins and everything to do with new ID verification requirements by BTCChina. Same old story. An exchange attracts money launderers and price manipulators. Then requires ID verification. The criminals flee to another exchange. My guess is someone will set up the new btcchina in India soon.
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JimboToronto
Legendary
Offline
Activity: 4172
Merit: 4816
You're never too old to think young.
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December 08, 2013, 10:29:24 PM |
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Ahhh. A refreshing little buy.
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btcprice
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December 08, 2013, 10:29:53 PM |
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Hold on to your balls. We're going to be in for a bumpy ride!
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freethink2013
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December 08, 2013, 10:31:01 PM |
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The crash has almost nothing to do with the "quasi"-ban on bitcoins and everything to do with new ID verification requirements by BTCChina. Same old story. An exchange attracts money launderers and price manipulators. Then requires ID verification. The criminals flee to another exchange. My guess is someone will set up the new btcchina in India soon. this explains btc-e's recent surges
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justusranvier
Legendary
Offline
Activity: 1400
Merit: 1013
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December 08, 2013, 10:31:13 PM |
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The crash has almost nothing to do with the "quasi"-ban on bitcoins and everything to do with new ID verification requirements by BTCChina.
Same old story. An exchange attracts money launderers and price manipulators. Then requires ID verification. The criminals flee to another exchange.
My guess is someone will set up the new btcchina in India soon.
I would believe that, except that it doesn't make sense for somebody who doesn't want to get caught in ID verification to dump less-traceable bitcoins on BTCChina for more-traceable CNY. That scenario would have played out like the Mt Gox withdrawal problems this summer, where traders with trapped fiat would buy bitcoins, withdraw them to another exchange, and sell there.
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freethink2013
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December 08, 2013, 10:31:54 PM |
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The crash has almost nothing to do with the "quasi"-ban on bitcoins and everything to do with new ID verification requirements by BTCChina.
Same old story. An exchange attracts money launderers and price manipulators. Then requires ID verification. The criminals flee to another exchange.
My guess is someone will set up the new btcchina in India soon.
I would believe that, except that it doesn't make sense for somebody who doesn't want to get caught in ID verification to dump less-traceable bitcoins on BTCChina for more-traceable CNY. That scenario would have played out like the Mt Gox withdrawal problems this summer, where traders with trapped fiat would buy bitcoins, withdraw them to another exchange, and sell there. dumb money dumped, smart money moved
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Walsoraj
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December 08, 2013, 10:31:59 PM |
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Ahhh. A refreshing little buy. The buyer and seller are clearly the same trader. This tends to happen as we approach psychological barriers. In this case, $800.
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Ivanhoe
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December 08, 2013, 10:32:20 PM |
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Break out in progress.
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Walsoraj
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December 08, 2013, 10:33:09 PM |
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Break out in progress.
Bull trap.
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Ivanhoe
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December 08, 2013, 10:33:39 PM |
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The crash has almost nothing to do with the "quasi"-ban on bitcoins and everything to do with new ID verification requirements by BTCChina.
Same old story. An exchange attracts money launderers and price manipulators. Then requires ID verification. The criminals flee to another exchange.
My guess is someone will set up the new btcchina in India soon.
I would believe that, except that it doesn't make sense for somebody who doesn't want to get caught in ID verification to dump less-traceable bitcoins on BTCChina for more-traceable CNY. That scenario would have played out like the Mt Gox withdrawal problems this summer, where traders with trapped fiat would buy bitcoins, withdraw them to another exchange, and sell there. dumb money dumped, smart money moved+1 Yup, you should know how many noobs bought last weeks, people who didn't even know what a wallet was. Hilarious.
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chrsjrcj
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December 08, 2013, 10:35:04 PM |
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Break out in progress.
Bull trap.Bull crap.
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Spaceman_Spiff
Legendary
Offline
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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December 08, 2013, 10:36:46 PM |
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The crash has almost nothing to do with the "quasi"-ban on bitcoins and everything to do with new ID verification requirements by BTCChina. Same old story. An exchange attracts money launderers and price manipulators. Then requires ID verification. The criminals flee to another exchange. My guess is someone will set up the new btcchina in India soon. this explains btc-e's recent surges No, because they would buy bitcoin at BTC China with their funds, and then sell at BTC-e, giving the exact opposite result.
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JimboToronto
Legendary
Offline
Activity: 4172
Merit: 4816
You're never too old to think young.
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December 08, 2013, 10:40:14 PM |
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Break out in progress.
Bull trap. LOLOLOLOLOLOL
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Habeler876
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December 08, 2013, 10:40:44 PM |
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FYI, bear pennant. If you draw an arrow on the chart it will make the price go in that direction lol. ouch these wanna be manipulators bleed money now. gogogogo
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freethink2013
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December 08, 2013, 10:41:10 PM |
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The crash has almost nothing to do with the "quasi"-ban on bitcoins and everything to do with new ID verification requirements by BTCChina. Same old story. An exchange attracts money launderers and price manipulators. Then requires ID verification. The criminals flee to another exchange. My guess is someone will set up the new btcchina in India soon. this explains btc-e's recent surges No, because they would buy bitcoin at BTC China with their funds, and then sell at BTC-e, giving the exact opposite result. If they are just trying to accumulate coin, knowing that withdrawing fiat is pointless then btc-e makes sense. It really depends on the pov of the person. Like if you are a person that wants to do everything off the books and are in china and have btc you are going to withdraw your btc to a wallet then send some to btc-e to play with.
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elg
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December 08, 2013, 10:43:50 PM |
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in China, is it sunday- or monday morning now?
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octaft
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December 08, 2013, 10:45:06 PM |
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in China, is it sunday- or monday morning now?
Monday 7AMish I believe.
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superpatosainz
Newbie
Offline
Activity: 28
Merit: 0
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December 08, 2013, 10:47:00 PM |
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If you draw an arrow on the chart it will make the price go in that direction lol. ouch these wanna be manipulators bleed money now. gogogogo that arrow is pointing to the right.
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