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

[roslinpl]

Ahh I can smell those flowers and I can smell bitcoin price is going up too

[Walsoraj]

1w and 3d on bitcoinwisdom are scary and not mimicking the previous crash...

[niothor]

So, basically, China uncertainty continues and it's going to bite us again. WOnderful.

And i'm going to laugh my a* out when some real inquires about exchanges in china will show that they do only 10% of the trades they show and the rest are numbers pullet out of their a*.
I have doubted their volumes since last November and I still doubt they don't inflate those numbers artificially by x5 or x10.

[lynn_402]

So, basically, China uncertainty continues and it's going to bite us again. WOnderful.

Only if you let them. It's time to realise they are irrelevent for maintaining the current state of Bitcoin, it could quite easily go back to 1000$ without them.

[Walsoraj]

So, basically, China uncertainty continues and it's going to bite us again. WOnderful.

And i'm going to laugh my a* out when some real inquires about exchanges in china will show that they do only 10% of the trades they show and the rest are numbers pullet out of their a*.
I have doubted their volumes since last November and I still doubt they don't inflate those numbers artificially by x5 or x10.

Fake numbers spur speculation and without them we are going down down down.

[seleme]

So, basically, China uncertainty continues and it's going to bite us again. WOnderful.

Only if you let them. It's time to realise they are irrelevent for maintaining the current state of Bitcoin, it could quite easily go back to 1000$ without them.

I couldn't give a flying one about them personally but unfortunately market does. So if it goes to 550$ today or in a week, and then another round of China ban stuff hits the news, we're back to 400$ again.

It's the worse situation market could find itself at, it's basically a hostage of PBOC's will.

[darklight]

So, basically, China uncertainty continues and it's going to bite us again. WOnderful.

Only if you let them. It's time to realise they are irrelevent for maintaining the current state of Bitcoin, it could quite easily go back to 1000$ without them.

I couldn't give a flying one about them personally but unfortunately market does. So if it goes to 550$ today or in a week, and then another round of China ban stuff hits the news, we're back to 400$ again.

It's the worse situation market could find itself at, it's basically a hostage of PBOC's will.

Thats the problem with it being a global currency. On balance, the Chinese probably felt the same during the Gox fiasco

[podyx]

[Walsoraj]

This has been a good strategy for months now.

[farnsworth7]

Hot off the press translation of Huobi's announcement:

Dear Customers of Huobi,

Huobi had been contacting various government agencies about the “April 15” news that had been spreading on the internet. Unfortunately, we were not able to get any useful information regrading the matter from those agencies. Therefore, we cannot give our investors a clear answer at this time. We are sorry about that.

Banks:

We have accounts with the banks listed below. Information from the branches of those banks is that they did not received any memo about Bitcoin in the last three months.

The banks told us that they have only learn about “April 15” from the news.

The banks stated that they do not know if the news reported about “April 15” is true.


http://www.reddit.com/r/BitcoinMarkets/comments/220qob/fxbtc_small_chinese_exchange_shuts_down_cny/

After Huobi's statement that their banks do not know about this 15th april thing, does anyone believe that chinese banks can close exchanges accounts in 11 days without notice ? Can new rulings be enforced so abruptly and with no official communication ?

[ChartBuddy]

Explanation

[Spaceman_Spiff]

Anyone else getting bored of $430 ?

[Walsoraj]

Hot off the press translation of Huobi's announcement:

Dear Customers of Huobi,

Huobi had been contacting various government agencies about the “April 15” news that had been spreading on the internet. Unfortunately, we were not able to get any useful information regrading the matter from those agencies. Therefore, we cannot give our investors a clear answer at this time. We are sorry about that.

Banks:

We have accounts with the banks listed below. Information from the branches of those banks is that they did not received any memo about Bitcoin in the last three months.

The banks told us that they have only learn about “April 15” from the news.

The banks stated that they do not know if the news reported about “April 15” is true.


http://www.reddit.com/r/BitcoinMarkets/comments/220qob/fxbtc_small_chinese_exchange_shuts_down_cny/

After Huobi's statement that their banks do not know about this 15th april thing, does anyone believe that chinese banks can close exchanges accounts in 11 days without notice ? Can new rulings be enforced so abruptly and with no official communication ?

Is Huobi a credible source?

[roslinpl]

Anyone else getting bored of $430 ?

I am. I  even think it would be better at 300 $ :-)

[slapper]

The nut scratching bear gif has been known to move the markets a bit.

[ChrisML]

Anyone else getting bored of $430 ?

I am. I  even think it would be better at 300 $ :-)

Once again, someone hoping that BTC will crash to a low $300 should stick to alt coins. Go buy some Auroracoins.

And no, i've not been shorting. I've been Hodling from $700 and from $420.

[oda.krell]

Anyone else getting bored of $430 ?

I am. I  even think it would be better at 300 $ :-)

Once again, someone hoping that BTC will crash to a low $300 should stick to alt coins. Go buy some Auroracoins.

And no, i've not been shorting. I've been Hodling from $700 and from $420.

This seriously puzzles me. Why should those who think, say, 300 is a likely target go and "stick to alt coins"? Wouldn't you rather they start buying at 300, to prevent price falling even further?

[N12]

This seriously puzzles me. Why should those who think, say, 300 is a likely target go and "stick to alt coins"? Wouldn't you rather they start buying at 300, to prevent price falling even further?

Man, you got to diversify your portfolio. Come buy some Potcoins, Ponzicoins, Blightcoins, Dogcoins, Cripples and other scamcoins. They will surely not wither much harder like the piece of shit crop they are if Bitcoin collapses.

[stereotype]

So, basically, China uncertainty continues and it's going to bite us again. WOnderful.

And i'm going to laugh my a* out when some real inquires about exchanges in china will show that they do only 10% of the trades they show and the rest are numbers pullet out of their a*.
I have doubted their volumes since last November and I still doubt they don't inflate those numbers artificially by x5 or x10.

http://ytchannelembed.com/video.php?id=2M12zzwNkCo&t=#.Uz15q1dMifQ

From 12:30 onwards, Bobby gives his very candid view.

[magicmexican]

CCMF?