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ampere9765
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April 09, 2014, 06:34:23 PM |
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Forget arrows. On the bottom of this long 3d linear regression channel.  are you alzu? or are you just copy/pasting his work?  |
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jonoiv
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April 09, 2014, 06:40:11 PM |
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are you alzu? or are you just copy/pasting his work? It says under his avatar Twitter - @alzu1977 |
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fonzie
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April 09, 2014, 06:41:17 PM |
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Confirmed!
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jonoiv
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April 09, 2014, 06:42:12 PM |
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Confirmed!
What's confirmed ? Please say it's $60 BTC  |
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JayJuanGee
Legendary
 Offline
Activity: 3766
Merit: 10452
Self-Custody is a right. Say no to"Non-custodial"
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April 09, 2014, 06:42:56 PM |
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Looking at the volume, it appears to be one of the tremors before the big quake. The recovery to $445 is on no volume at all. I pulled one of my re-buy orders until I find out what the hell is going on. How can there be that many limit buy orders with no market-order buying?
There appears to be much expectation for a major liquidity event in the downward direction. There is a minute chance that this is a head-fake by whales, but I seriously doubt it.
If you can't spot the sucker at the poker table, then you are the sucker. I'm folding my hand to conserve chips.
What's that mean, exactly? I thought that you were all in Fiat at $456 or $458 or something like that. So at this point, you could buy some BTC back at a profit, no? and then if we dip lower, buy some more... unless you are saying that you are just going to sit out this roller coaster (a kind of train) in fiat? Personally, I would rather sit it out in BTC, but each of us have our own levels of diversification or hedge. |
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fonzie
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April 09, 2014, 06:45:34 PM |
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Confirmed!
What's confirmed ? Please say it's $60 BTC I´m sorry i can´t but <80$ is hard to imagine , even for me. |
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fonzie
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April 09, 2014, 06:50:57 PM |
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But when all those bad CHINA days are gone we all should come together and HODL
think about a huge ongoing FBI operation! cracking down smugglers,dealers, scammers, money launderer, drug dealer worldwide
starting with the very beginning of Bitcoin.
When that case is finished BTC may rise again.
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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April 09, 2014, 06:52:34 PM |
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 is this completely made of BS? or did china ban bitcoin again. |
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fonzie
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April 09, 2014, 06:54:30 PM |
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Looks like solid confirmed information to me. I speak chinese fluently and i can tell through his accent that this is nothing but the truth. PBOC Fonzie confirmed! No in and out --->Gox 2.0 Feel free to trade yourself to death (no fees  ) |
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aminorex
Legendary
Offline
Activity: 1596
Merit: 1029
Sine secretum non libertas
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April 09, 2014, 06:58:24 PM |
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Let's suppose, just for argument, that the majority of the miners decided to raise the cap to 210 million BTC, and lower the difficulty so that mining became 10 times more productive in BTC terms. What would happen?
There would be a massive rush for the exits as btc was sold for another crypto, hard currency, or fiat. Miners would end up with dogecoin equivalents. |
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aminorex
Legendary
Offline
Activity: 1596
Merit: 1029
Sine secretum non libertas
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April 09, 2014, 06:59:25 PM |
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is this completely made of BS? or did china ban bitcoin again.
Consider the source. 99.99% BS. |
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ChartBuddy
Legendary
Offline
Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 09, 2014, 07:00:30 PM |
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JayJuanGee
Legendary
Offline
Activity: 3766
Merit: 10452
Self-Custody is a right. Say no to"Non-custodial"
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April 09, 2014, 07:02:32 PM |
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We are back to a fairly solidified 444. Confirmed! |
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mah87
Donator
Hero Member
Offline
Activity: 756
Merit: 500
-Bitcoin & Ripple-
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April 09, 2014, 07:05:42 PM |
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We are back to a fairly solidified 444. Confirmed! Slowly going under 400... CONFIRMED ! |
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uhoh
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April 09, 2014, 07:06:45 PM |
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LOL, so bearish in here. Hilarious.
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jonoiv
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April 09, 2014, 07:06:55 PM |
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is this completely made of BS? or did china ban bitcoin again. it's what we need. The final Chinese nail, let out the remaining steam, then some stagnation, followed by slow and hopefully steady growth. |
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fonzie
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April 09, 2014, 07:09:41 PM |
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Our beloved chinese comrades could you please bring us some volatility and enlighten us about the path of deBITCOINisification, that´s in front of us!
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flynn
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April 09, 2014, 07:09:51 PM |
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How many times will China be able to ban Bitcoins ?
I mean : I am really impressed by this, one would think that they could ban it once, and then, well, it's banned, so be it, they could unban it maybe ... but nothing else.
But no.
They can ban it again and again forever and each time it makes a buzz.
Fantastic.
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ampere9765
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April 09, 2014, 07:11:40 PM |
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How many times will China be able to ban Bitcoins ?
I mean : I am really impressed by this, one would think that they could ban it once, and then, well, it's banned, so be it, they could unban it maybe ... but nothing else.
But no.
They can ban it again and again forever and each time it makes a buzz.
Fantastic.
They never ban it. And with each vague announcement traders have to ponder what the potential effect will be on Chinese demand (and of course, the HUGE supply of Chinese mined coins), hence action. |
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KFR
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April 09, 2014, 07:12:26 PM |
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Well if China's banning Bitcoin several times within a few months they must be pretty bad at it. Funny because they're really effective at banning other things. Like free speech, for example.  |
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