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

[gizmoh]

Bulls on the run , bears hiding.

http://www.coindesk.com/btc-china-accepting-bank-deposits/

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[doctor877]

Indeed.

This is probably the beginning of lots of panic buying, can't see this turning sour now, we are at january 31. in China, and now with the BTCChina news... I'm glad I am all in BTC.

lmao.. the PBOC will respond on business days, currently it's a holiday. Just wait and see.

When is chinese holidays going to end? 7th feb?

[oda.krell]

looks like we're moving up!  

hehe, let's not get ahead of ourselves. On the bigger time scale it looks to me like we're still in a (mildly) downward sloping consolidation. So I'd say, let's break through 830, 850, 900 first, then I'm going to join the crowd of cheering bulls again

[600watt]

there is a sign !

https://bitcointalk.org/index.php?topic=440490.0

[Sundoor]

Indeed.

This is probably the beginning of lots of panic buying, can't see this turning sour now, we are at january 31. in China, and now with the BTCChina news... I'm glad I am all in BTC.

lmao.. the PBOC will respond on business days, currently it's a holiday. Just wait and see.

When is chinese holidays going to end? 7th feb?

6th feb

[adamstgBit]

Bulls on the run , bears hiding.

http://www.coindesk.com/btc-china-accepting-bank-deposits/

if this flies we are going to mars.

[meanig]

Indeed.

This is probably the beginning of lots of panic buying, can't see this turning sour now, we are at january 31. in China, and now with the BTCChina news... I'm glad I am all in BTC.

lmao.. the PBOC will respond on business days, currently it's a holiday. Just wait and see.

Lol, they execute people seven days per week in China. The PBOC wouldn't stop a public holiday from letting them do their stuff.

[Denton]

In any case we'll finally see some big movement. 

[MikeH]

In any case we'll finally see some big movement. 

tempted to insert a pic but people might be eating.

[kwest]

When is chinese holidays going to end? 7th feb?

6th feb

Same day as Gavin's visit to the CfR.

[Denton]

In any case we'll finally see some big movement. 

tempted to insert a pic but people might be eating.

Do it! 

[fonzie]

Nice timing for a reconsideration Mr. Lee:

"“Previously, we judged doing this as not being viable, however, we have since changed our stance. We looked again at the guidance issued in December and we think it’s a reasonable for us to accept customer deposits via our corporate bank account,” said Lee."

Such coincidence.Wow

These guys are, altough smarter, way more damaging to Bitcoin than Gox is.

Pump and Dump Round 10

[BitcoinAshley]

Nice timing for a reconsideration Mr. Lee:

"“Previously, we judged doing this as not being viable, however, we have since changed our stance. We looked again at the guidance issued in December and we think it’s a reasonable for us to accept customer deposits via our corporate bank account,” said Lee."

Such coincidence.Wow

I liked the part where you inserted a innocent DOGEcoin plug.

[segeln]

looks like we're moving up!  

hehe, let's not get ahead of ourselves. On the bigger time scale it looks to me like we're still in a (mildly) downward sloping consolidation. So I'd say, let's break through 830, 850, 900 first, then I'm going to join the crowd of cheering bulls again

exactly

[FierceRadish]

You go inside the cage. Cage goes in the water. You go in the water. Shark's in the water. Our shark.

Why do I get the feeling I'm gonna need a bigger boat?

[adamstgBit]

Nice timing for a reconsideration Mr. Lee:

"“Previously, we judged doing this as not being viable, however, we have since changed our stance. We looked again at the guidance issued in December and we think it’s a reasonable for us to accept customer deposits via our corporate bank account,” said Lee."

Such coincidence.Wow

hopefully this is a correct interpretation of the law, and they will be allowed to do this. but china doesn't want money leaving the country, maybe chinese regulators will ask US regulators to make sure a chinese person is not allowed to exchange their bitcoins for USD via an exchange.

[MikeH]

Do it! 

naw, too late, but looky here..

http://www.zerohedge.com/news/2014-01-29/nothing-lasts-forever-world-bank-chief-economist-calls-end-dollar-reserve-currency

[adamstgBit]

looks like we're moving up!  

hehe, let's not get ahead of ourselves. On the bigger time scale it looks to me like we're still in a (mildly) downward sloping consolidation. So I'd say, let's break through 830, 850, 900 first, then I'm going to join the crowd of cheering bulls again

exactly

but the news today from BTC China

if this works, we are going to mars.

we're going to need 6 confirmations that this is infact legal, and then BAM  the shiniest green candle bitcoin has ever seen will appear 

[fonzie]

Runs: "When a group of traders create activity or rumors in order to drive the price of a security up.


http://en.wikipedia.org/wiki/Market_manipulation

[adamstgBit]

Runs: "When a group of traders create activity or rumors in order to drive the price of a security up.


http://en.wikipedia.org/wiki/Market_manipulation

this is no rumor, this is news

Bobby Lee, CEO of the exchange, confirmed that customers can now buy bitcoins from the exchange by depositing their funds directly into the company’s account.

now is this going to be stopped by the government or not, thats news for another day.