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TERA
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December 17, 2013, 06:18:33 PM |
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China looks like its about to push up again. Weird the way the market prices are way out of balance yet their movements stay in step with each other.
 I think China is dead actually  How can anyone be bullish by looking at this chart? Because they're looking at a mtgox chart instead which has a higher 2nd low and thinking "oh this is just like April when it crashed to 50 and then to 78. Now were due for a rally to 900." |
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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pera
Sr. Member
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Activity: 532
Merit: 261
バカ
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December 17, 2013, 06:20:05 PM |
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[...]
How can noobs be allowed to post actual graphs here?
Date Registered: 29-09-2013, 22:13:11  |
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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 17, 2013, 06:22:55 PM |
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Well, the turbulence has certainly quieted down (relatively) I would imagine if the news was really as totally catastrophic as we had imagined the Chinese would have already mass panic to zero, but they haven't so maybe what is really happening is that the exponential growth of bitcoin has been capped, but it's long term potential has not. Hard to clearly say, but good news about bitcoin continues elsewhere so...
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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December 17, 2013, 06:25:03 PM |
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It is going up in the short-term only to go even lower by next week or so. We are eventually headed to the $400-$500 level - maybe slightly lower.
Probably much, much lower, now that the absolute worst has been confirmed by sources and by official PBOC statements. Get out now. |
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pera
Sr. Member
Offline
Activity: 532
Merit: 261
バカ
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December 17, 2013, 06:25:11 PM |
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[...]
How can anyone be bullish by looking at this chart?
Because they're looking at a mtgox chart instead which has a higher 2nd low and thinking "oh this is just like April when it crashed to 50 and then to 78. Now were due for a rally to 900." This is much more like 2011 than April imo, at this point I'm really expecting to see >200 on btc-e at least.. the only thing that could save the price now is something like PayPal accepting Bitcoin  |
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TheCoinBull
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December 17, 2013, 06:25:49 PM |
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[...]
How can noobs be allowed to post actual graphs here?
Date Registered: 29-09-2013, 22:13:11 Because the day you registered is the best way to decipher your experience. Your stupidity amazes me.  |
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ChrisML
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December 17, 2013, 06:28:10 PM |
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JUST HIT THAT $750,- tonight. I BEG YOU.
Kthnx
A little over extended are we? Not really. High price of $746,- Not bad if you ask me. |
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pera
Sr. Member
Offline
Activity: 532
Merit: 261
バカ
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December 17, 2013, 06:29:04 PM |
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[...]
How can noobs be allowed to post actual graphs here?
Date Registered: 29-09-2013, 22:13:11 Because the day you registered is the best way to decipher your experience. Your stupidity amazes me. I just found it funny, but sorry if I did offend you...  |
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TheCoinBull
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December 17, 2013, 06:30:35 PM |
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Hurry its only good for december |
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YoYa
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December 17, 2013, 06:30:53 PM |
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It is going up in the short-term only to go even lower by next week or so. We are eventually headed to the $400-$500 level - maybe slightly lower.
Probably much, much lower, now that the absolute worst has been confirmed by sources and by official PBOC statements. Get out now. W00T!!! THE REAL BEAR HAS RETURNED!!! Bear market will end on June 17th, Proudhon will be Bull by Jan 2015 |
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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December 17, 2013, 06:32:52 PM |
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now I will say it, if you wont buy this week you will regret it in the next few weeks  |
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alexeft
Legendary
Offline
Activity: 854
Merit: 1000
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December 17, 2013, 06:33:57 PM |
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"...has less backing than the dollar"!!! Yeah! I needed a quick laugh! Thanks! ROFL! |
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TheCoinBull
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December 17, 2013, 06:34:58 PM |
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It is going up in the short-term only to go even lower by next week or so. We are eventually headed to the $400-$500 level - maybe slightly lower.
Probably much, much lower, now that the absolute worst has been confirmed by sources and by official PBOC statements. Get out now. W00T!!! THE REAL BEAR HAS RETURNED!!! Bear market will end on June 17th, Proudhon will be Bull by Jan 2015 Do you really expect anyone he to actually translate that and read it. Its super long like 6 paragraphs and would require a amazing attention span, and also the ability to create insight into the future... Better to just speculate off speculation |
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xyzzy099
Legendary
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Activity: 1063
Merit: 1048
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December 17, 2013, 06:35:14 PM |
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It is going up in the short-term only to go even lower by next week or so. We are eventually headed to the $400-$500 level - maybe slightly lower.
Probably much, much lower, now that the absolute worst has been confirmed by sources and by official PBOC statements. Get out now. The google-translated version of the text at that link does not even mention bitcoin or virtual currencies. |
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TheCoinBull
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December 17, 2013, 06:36:23 PM |
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It is going up in the short-term only to go even lower by next week or so. We are eventually headed to the $400-$500 level - maybe slightly lower.
Probably much, much lower, now that the absolute worst has been confirmed by sources and by official PBOC statements. Get out now. The google-translated version of the text at that link does not even mention bitcoin or virtual currencies. LMAO... wow i knew that was going to happen. |
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I_bitcoin
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December 17, 2013, 06:42:52 PM |
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It is going up in the short-term only to go even lower by next week or so. We are eventually headed to the $400-$500 level - maybe slightly lower.
Probably much, much lower, now that the absolute worst has been confirmed by sources and by official PBOC statements. Get out now. The google-translated version of the text at that link does not even mention bitcoin or virtual currencies. LMAO... wow i knew that was going to happen. I was cracking up... Good one! |
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ChrisML
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December 17, 2013, 06:43:41 PM |
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It's about to go boom
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cbutters
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December 17, 2013, 06:46:28 PM |
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It is going up in the short-term only to go even lower by next week or so. We are eventually headed to the $400-$500 level - maybe slightly lower.
Probably much, much lower, now that the absolute worst has been confirmed by sources and by official PBOC statements. Get out now. While the document you linked is scary official looking, and in chinese so nobody can really read it easily, a google translate shows that this document doesn't even mention bitcoin or anything related to policy, it just mentions the characteristics of deposits int foreign currency and basically is a financial report on what happened with the bank in october..... not sure what we are supposed to extrapolate from this information. |
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mellowyellow
Member
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Activity: 112
Merit: 10
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December 17, 2013, 06:46:43 PM |
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Those bots still running on BTCchina, wonder if their owners have taken into account the new fees?
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