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

[billyjoeallen]

why is everyone shorting the bottom?

Because it's not the bottom. You're damn lucky I sold earlier so that I can help stop the plunge when I buy back in lower. The bottom is in when all the weak hands have been shaken out and there's still too many assholes around here thinking a rocket ride to the next ATH is likely just around the corner. It may be just around the corner, but it's extremely improbable. Risk of a $400 wall breach has not been priced in and won't be for weeks or months unless the wall is actually tested on high volume.

[adamstgBit]

chain has stepped up its game, instead of banning bitcoin monthly, chain now bans bitcoin everyday of the week for 2 weeks

did anyone NOT sell their coin yet??

[gentlemand]

OKCoin confirmed bank ban

"We received a clear Merchants Bank, Shenzhen Branch of China Construction Bank's notice, that it could not continue to provide settlement for the Bitcoin industry, so we can not continue to use the public accounts, the more feasible the personal card. We also consulted the United States, livelihood and other banks, the other account services are unable to provide feedback. Some people say that the era of deliberately shutting down recharge deliberately operate covertly, and if so, we would not have spread the OKCOIN."

Where is this written? I can't find it on their site or Weibo.

[fonzie]

why is everyone shorting the bottom?

Because it's not the bottom. You're damn lucky I sold earlier so that I can help stop the plunge when I buy back in lower. The bottom is in when all the weak hands have been shaken out and there's still too many assholes around here thinking a rocket ride to the next ATH is likely just around the corner. It may be just around the corner, but it's extremely improbable. Risk of a $400 wall breach has not been priced in and won't be for weeks or months unless the wall is actually tested on high volume.

 

[jonoiv]

OKCoin confirmed bank ban

"We received a clear Merchants Bank, Shenzhen Branch of China Construction Bank's notice, that it could not continue to provide settlement for the Bitcoin industry, so we can not continue to use the public accounts, the more feasible the personal card. We also consulted the United States, livelihood and other banks, the other account services are unable to provide feedback. Some people say that the era of deliberately shutting down recharge deliberately operate covertly, and if so, we would not have spread the OKCOIN."

Thanks for the update.

When will Bobby Lee and Huobi admit it? They should stop fooling the whole community.

Whats more strange is why they always release statements at trend-line convergence.   I said yesterday the top on Huobi would be 2797.   We made it just short at 2789.  But just before we got there, this "new" news.  

All the news from Chinese exchanges has come at very dubious times.  

[dreamspark]

We is dumping then yeah...

[farnsworth7]

OKCoin confirmed bank ban

"We received a clear Merchants Bank, Shenzhen Branch of China Construction Bank's notice, that it could not continue to provide settlement for the Bitcoin industry, so we can not continue to use the public accounts, the more feasible the personal card. We also consulted the United States, livelihood and other banks, the other account services are unable to provide feedback. Some people say that the era of deliberately shutting down recharge deliberately operate covertly, and if so, we would not have spread the OKCOIN."

Source

[fonzie]

CHINA

BANNING BITCOIN UNTIL THE END OF DAYS !!!!!!!!!!

                    

[fonzie]

OKCoin confirmed bank ban

"We received a clear Merchants Bank, Shenzhen Branch of China Construction Bank's notice, that it could not continue to provide settlement for the Bitcoin industry, so we can not continue to use the public accounts, the more feasible the personal card. We also consulted the United States, livelihood and other banks, the other account services are unable to provide feedback. Some people say that the era of deliberately shutting down recharge deliberately operate covertly, and if so, we would not have spread the OKCOIN."

Thanks for the update.

When will Bobby Lee and Huobi admit it? They should stop fooling the whole community.

Whats more strange is why they always release statements at trend-line convergence.   I said yesterday the top on Huobi would be 2797.   We made it just short at 2789.  But just before we got there, this "new" news.  

All the news from Chinese exchanges has come at very dubious times.  

I thought the same, this can be no coincidence, exact the same chart pattern happens twice within days, getting triggered by ban news...

[chessnut]

test positive. if this is news, then it is very precise.

[dreamspark]

and a bounce back in 3.2.1...

[ShroomsKit]

Oh Jesus, let's watch the idiots panic again. True or not, they won't even care.

[fonzie]

1000 "cheap" BTC 436 @ Finex

Edit: pulled

Edit2: now@441,4

[gentlemand]

OKCoin confirmed bank ban

"We received a clear Merchants Bank, Shenzhen Branch of China Construction Bank's notice, that it could not continue to provide settlement for the Bitcoin industry, so we can not continue to use the public accounts, the more feasible the personal card. We also consulted the United States, livelihood and other banks, the other account services are unable to provide feedback. Some people say that the era of deliberately shutting down recharge deliberately operate covertly, and if so, we would not have spread the OKCOIN."

Source

It's on BTC38's Weibo.

http://www.weibo.com/btc38?topnav=1&wvr=5&topsug=1

I'm not sure where OKCoin comes into it.

[elebit]

It was following a rumor and an official denial by the PBoC a week earlier.  Buy the rumor, sell the news or in the case of bad news, sell the rumor and buy the news. That wasn't my mistake. My mistake was not paying attention to the technical indicators, the same indicators that are now saying a substantial move up is very unlikely in the near future.

I don't understand. You boast about how you bought your stash at $10, which means you've got hundreds if not a thousand coins, then you trade with leverage. Why would you do that? Especially since you say you have a stash in cold storage. Why not just sell and buy like a regular dude if you've got all this money, and not have to cave in at the whims of the sharks at Bitfinex?

[dreamspark]

BTC38 so its the same news... That was rubbish bears.

Does 1000 sell wall guy mean business?

[p0peji]

OKCoin confirmed bank ban

"We received a clear Merchants Bank, Shenzhen Branch of China Construction Bank's notice, that it could not continue to provide settlement for the Bitcoin industry, so we can not continue to use the public accounts, the more feasible the personal card. We also consulted the United States, livelihood and other banks, the other account services are unable to provide feedback. Some people say that the era of deliberately shutting down recharge deliberately operate covertly, and if so, we would not have spread the OKCOIN."

Thanks for the update.

When will Bobby Lee and Huobi admit it? They should stop fooling the whole community.

Whats more strange is why they always release statements at trend-line convergence.   I said yesterday the top on Huobi would be 2797.   We made it just short at 2789.  But just before we got there, this "new" news.  

All the news from Chinese exchanges has come at very dubious times.  

I thought the same, this can be no coincidence, exact the same chart pattern happens twice within days, getting triggered by ban news...

Huobi is just pissing about with the market, this last little rise was a bunch of BS created by a bunch of fake volume.

[Davyd05]

and a bounce back in 3.2.1...

still punctured that fib point briefly.. I dunno .. oh who hasn't sold me < the hodlers LOL

[podyx]

test positive. if this is news, then it is very precise.

Hard to break that line

[Davyd05]

test positive. if this is news, then it is very precise.

Hard to break that line

China understands bitcoin sheeple all to well