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

[Spaceman_Spiff]

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

or: we realize our business is over, so we want to make some money at the end of it.  Sorry for screwing you.

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[adamstgBit]

i need a cigarette this is too much    

[jojo69]

no Adam no, bad for you

[Davyd05]

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

or: we realize our business is over, so we want to make some money at the end of it.  Sorry for screwing you.

I highly doubt its over but nothing is impossible...from what I've read we're basing this all of rumors from POCB meeting with 3rd party depositers.

[HairyMaclairy]

It's seven days to go to Xmas and we have a slow rolling crash that will take at least two weeks to play out as the whole of China exits BTCC.  The news article said withdrawals will also be banned by spring festival which is 31 January.   This story is going to dominate BTC press for weeks.  

This isn't over by a long shot.

[crazy_rabbit]

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

I'm up 3BTC, and down more money then I ever had in my life in dollars. I am unsure how to feel about that.

[QuestionAuthority]

i need a cigarette this is too much    

lol

[crazy_rabbit]

It's seven days to go to Xmas and we have a slow rolling crash that will take at least two weeks to play out as the whole of China exits BTCC.  The news article said withdrawals will also be banned by spring festival which is 31 January.   This story is going to dominate BTC press for weeks.  

This isn't over by a long shot.

Source?

[MoreFun]

now watch, Chinese govt. insiders load up, then release a "clarifying" statement

Wouldn't surprise me at all.

[macsga]

i need a cigarette this is too much    

Don't do it; light up a cigar...

I promise. It's gonna be huge when reverted. This is orchestrated - nothing to do with news.

[aazssx]

CHOO CHOO

[Nemo1024]

I wonder what to make of the wall at 650 on stamp...

[Spaceman_Spiff]

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

I'm up 3BTC, and down more money then I ever had in my life in dollars. I am unsure how to feel about that.

+1, guess time will tell.

[JimboToronto]

Seems like I picked a great time to be a bear-for-a-day.

Still waiting for my fiat deposit to go through. I'm starting to worry it might take until tomorrow.

Don't bottom out until tomorrow please.  

[crazy_rabbit]

now watch, Chinese govt. insiders load up, then release a "clarifying" statement

I would believe anything at this point.

[mmitech]

the next dump will start soon , I think we will go bellow 600 this time

[adamstgBit]

i need a cigarette this is too much    

Don't do it; light up a cigar...

I promise. It's gonna be huge when reverted. This is orchestrated - nothing to do with news.

i realize that

my bids are getting filled.....

[Davyd05]

i need a cigarette this is too much    

Don't do it; light up a cigar...

I promise. It's gonna be huge when reverted. This is orchestrated - nothing to do with news.

can't lie this is what I want to believe.  The truth will roll out Wednesday if they bang out a bail in plan. However the price has to move.. there is less demand in a fear stricken market.. and so the whales get more coins they sold at a higher prices.. again back at a lower one.. ahh I can't wait till mild adoption..

[Qbeczeq]

Don't panic.

http://www.coindesk.com/china-bans-payment-companies-working-bitcoin-exchanges-sources-claim/

Look at bottom of article.

Hope till end of year gox will have about 900$ again.

[lemonte]