windjc
Legendary
Offline
Activity: 2156
Merit: 1070
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December 16, 2013, 07:44:15 PM |
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i wonder how low this will dip the US exchanges when its all said and done
Adam, You sound sad. You've been through this before, chin up. Noone knows how low we go. Probably right to the point of majority gloom and despair. But then there will be a rise that will make this rise look like this rise made April look. So keep a smile on.
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Whoever mines the block which ends up containing your transaction will get its fee.
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freet0pian
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December 16, 2013, 07:44:21 PM |
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Bitcoin is officially dead! Time to move on with our lives!
Thanks.. posts like this usually mark bottoms Nobody sane would say that. Well trolls would.
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ardana123
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December 16, 2013, 07:44:40 PM |
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You realize what this means right, the China market is pretty much dead in the water. Central bank won't allow for financial institutions to do business with bitcoin exchanges... Which only leaves the otc bitcoin market. There's no reason for anyone in China to hold bitcoins anymore. Everyone will sell and withdraw.
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 16, 2013, 07:44:53 PM |
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Anyone wanna catch this knife? I'm a little hesitant.
really bad news just just came out its kinda hear say atm but you can bet your ass this is going to break technicals, down down down I'll be a buyer in 3 days
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crazy_rabbit
Legendary
Offline
Activity: 1204
Merit: 1001
RUM AND CARROTS: A PIRATE LIFE FOR ME
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December 16, 2013, 07:45:11 PM |
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If I were chinese I would buy the BTC, withdraw, and then sell OTC, since there won't be any other ways for getting BTC for chinese people in the future.
if no new money can flow into btcchina, but people can still withdraw money, btcchina is going to near 0. and some luck chinese guy will buy everyone bitcoin really cheap b4 btcchina is forced to close its doors. this is going to be brutal... Seriously dude? You are saying the bitcoins are worth nothing to people in china or foreigners who have funds there? Thats the whole point. Apparently you can GET your funds out, but you can put more in, so of course whats going to happen?!?!?
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Davyd05
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December 16, 2013, 07:45:43 PM |
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Tiiiiimmmmmmber
http://www.youtube.com/watch?v=FMMPgNrZ52EI remain bullish I think people are being tricked in to selling low right before a fucking bail in might be announced.. who gives a fuck if Bobby is trying to cover his ass from a Chinese dirt nap.
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Krabby
Sr. Member
Offline
Activity: 644
Merit: 250
https://primedao.eth.link/#/
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December 16, 2013, 07:45:48 PM |
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Where's that good ol' goxloop^tm when we need it.
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Wekkel
Legendary
Offline
Activity: 3108
Merit: 1531
yes
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December 16, 2013, 07:46:17 PM |
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Just wait for $400. A nice place for a little big bounce.
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TeeBone
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December 16, 2013, 07:46:59 PM |
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Just did a moonwalk across my room. Yay for the bears.....ce-le-brate good times, c'monnn !
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MoreFun
Legendary
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Activity: 1008
Merit: 1003
WePower.red
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December 16, 2013, 07:47:28 PM |
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You realize what this means right, the China market is pretty much dead in the water. Central bank won't allow for financial institutions to do business with bitcoin exchanges... Which only leaves the otc bitcoin market. There's no reason for anyone in China to hold bitcoins anymore. Everyone will sell and withdraw.
That can not be done - if there is a seller, there is a buyer. So someone will hold bitcoins.
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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December 16, 2013, 07:47:37 PM |
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ohoho, I'll give you a dollar for bottom info
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Mad Scientist
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December 16, 2013, 07:47:52 PM |
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Thank goodness I found a buyer at 670USD, losses are somewhat limited (for me).
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 16, 2013, 07:48:12 PM |
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If I were chinese I would buy the BTC, withdraw, and then sell OTC, since there won't be any other ways for getting BTC for chinese people in the future.
if no new money can flow into btcchina, but people can still withdraw money, btcchina is going to near 0. and some luck chinese guy will buy everyone bitcoin really cheap b4 btcchina is forced to close its doors. this is going to be brutal... Seriously dude? You are saying the bitcoins are worth nothing to people in china or foreigners who have funds there? Thats the whole point. Apparently you can GET your funds out, but you can put more in, so of course whats going to happen?!?!? bitcoin will hold its own for the rest of the world but this is really really really bad news but for all we knwo the translation was bad, and you will still be able to deopist CNY into BTCchina still i no longer want to catch the knife..... it already hurt me pretty bad today.
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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December 16, 2013, 07:48:18 PM |
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ohoho, I'll give you a dollar for bottom info still far, another re-bounce and a harder dump will follow
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Davyd05
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December 16, 2013, 07:49:56 PM |
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Dear BTC China valued customer: To stabilize the recent turbulent Bitcoin market and minimize potential market manipulation, BTC China will end the 0% trading fee promotion, effective immediately, and revert to the 0.3% trading fee. We deeply apologize for the sudden change. BTC China, December 16, 2013
that seems bullish..less whales operating with 0% fee ... I think the Chinese government ensured they got there hands on cheap coins lol
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crazy_rabbit
Legendary
Offline
Activity: 1204
Merit: 1001
RUM AND CARROTS: A PIRATE LIFE FOR ME
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December 16, 2013, 07:50:11 PM |
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If I were chinese I would buy the BTC, withdraw, and then sell OTC, since there won't be any other ways for getting BTC for chinese people in the future.
if no new money can flow into btcchina, but people can still withdraw money, btcchina is going to near 0. and some luck chinese guy will buy everyone bitcoin really cheap b4 btcchina is forced to close its doors. this is going to be brutal... Seriously dude? You are saying the bitcoins are worth nothing to people in china or foreigners who have funds there? Thats the whole point. Apparently you can GET your funds out, but you can put more in, so of course whats going to happen?!?!? bitcoin will hold its own for the rest of the world but this is really really really bad news but for all we knwo the translation was bad, and you will still be able to deopist CNY into BTCchina still i no longer want to catch the knife..... it already hurt me pretty bad today. I can never tell if you're serious, but I'm hoping for a bounce where I can sell maybe another 25% of my stash. Any plunge like this will bounce a lot, but this really is bad news.
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libity
Newbie
Offline
Activity: 33
Merit: 0
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December 16, 2013, 07:52:44 PM |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 16, 2013, 07:53:33 PM |
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If I were chinese I would buy the BTC, withdraw, and then sell OTC, since there won't be any other ways for getting BTC for chinese people in the future.
if no new money can flow into btcchina, but people can still withdraw money, btcchina is going to near 0. and some luck chinese guy will buy everyone bitcoin really cheap b4 btcchina is forced to close its doors. this is going to be brutal... Seriously dude? You are saying the bitcoins are worth nothing to people in china or foreigners who have funds there? Thats the whole point. Apparently you can GET your funds out, but you can put more in, so of course whats going to happen?!?!? bitcoin will hold its own for the rest of the world but this is really really really bad news but for all we knwo the translation was bad, and you will still be able to deopist CNY into BTCchina still i no longer want to catch the knife..... it already hurt me pretty bad today. I can never tell if you're serious, but I'm hoping for a bounce where I can sell maybe another 25% of my stash. Any plunge like this will bounce a lot, but this really is bad news.
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Nemo1024
Legendary
Offline
Activity: 1680
Merit: 1014
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December 16, 2013, 07:53:39 PM |
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This feels surreal. I lose $-value and don't care, as I accumulate BTC. I am jumping in and out, trying to catch the tops and bottoms, but often sell below, what I previously bought for, the make the next leg. I'm up additional BTC0.652 so far
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jojo69
Legendary
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Activity: 3150
Merit: 4309
diamond-handed zealot
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December 16, 2013, 07:53:46 PM |
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now watch, Chinese govt. insiders load up, then release a "clarifying" statement
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