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p0peji
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April 17, 2014, 10:15:20 AM |
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I was wondering, every Chinese exchange gets their bank acocunts closed, but BTC-China does not have that problem at all?  Wrong. Their deposit channels have gone from 4 options to 1 option. They simply don't like posting about it. I mention this because Bobby Lee keeps saying that it is just business as usual for BTC-China. So you think that they will get away with just creating ATMs? BTW that BS ATM of BTC-China can only be used to buy BTC and not withdraw, how awesome is that? |
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windjc
Legendary
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Activity: 2156
Merit: 1070
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April 17, 2014, 10:18:24 AM |
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TERA
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April 17, 2014, 10:18:55 AM |
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I was wondering, every Chinese exchange gets their bank acocunts closed, but BTC-China does not have that problem at all? Wrong. Their deposit channels have gone from 4 options to 1 option. They simply don't like posting about it. I mention this because Bobby Leed keeps saying that it is just business as usual for BTC-China Everytime Bobby Lee says something, it is something extremely bullish, no matter what. Do you notice a pattern? |
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Dalmar
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April 17, 2014, 10:21:23 AM |
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Dat BTC-e volatility.  |
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windjc
Legendary
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Activity: 2156
Merit: 1070
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April 17, 2014, 10:23:11 AM |
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Bears are very one dimensional and suffer from tunnel vision - any move down instantly proves that everything before was a "big bull trap", its going to the new lows every time when 4h macd goes down, etc etc
No. No one knows which way we are going. I could list 10+ really good reasons we never left the bear market. But we could be at 600 tomorrow anyway. That's why looking at the MACD by itself is stupid and useless. |
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y3804
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April 17, 2014, 10:24:43 AM |
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I was wondering, every Chinese exchange gets their bank acocunts closed, but BTC-China does not have that problem at all? Wrong. Their deposit channels have gone from 4 options to 1 option. They simply don't like posting about it. I mention this because Bobby Lee keeps saying that it is just business as usual for BTC-China. So you think that they will get away with just creating ATMs? BTW that BS ATM of BTC-China can only be used to buy BTC and not withdraw, how awesome is that? Everything's been priced in already. While it's another banks ban, I wouldn't worry about today's news. I would worry if the must cancel bank transfers completely. Deposits/withdrawals still working all-around for now Long term it doesn't look good at all, but short-term it will stay stable around $450+ |
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TERA
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April 17, 2014, 10:24:49 AM |
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btce is like "I should dump $20 lower than everyone else just incase this time it's the end of bitcoin"
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Tyson95
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April 17, 2014, 10:27:26 AM |
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I have the worst time knowing when to cut a loss with a trade. What do some of you guys set up a stop loss at?
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dreamspark
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April 17, 2014, 10:28:31 AM |
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This dip right before a bank holiday in Europe with no fresh fiat means the next four days could get ugly. Might have to put my temporary bear hat on.
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magicmexican
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April 17, 2014, 10:29:21 AM |
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btce is like "I should dump $20 lower than everyone else just incase this time it's the end of bitcoin"
Thats how they roll, and when the panic buying starts, they are ahead  |
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windjc
Legendary
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Activity: 2156
Merit: 1070
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April 17, 2014, 10:29:37 AM |
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This dip right before a bank holiday in Europe with no fresh fiat means the next four days could get ugly. Might have to put my temporary bear hat on.
Never understimate the ability of Houbi to rise on hot air. It doesnt need fiat. |
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TERA
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April 17, 2014, 10:30:24 AM |
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I have the worst time knowing when to cut a loss with a trade. What do some of you guys set up a stop loss at?
The key is to open your trade at the right point with the right indicators to begin with and then you will almost never be faced with a situation where you have to 'stop loss' because there will be all kinds of bounces on the way back to your entry point before the indicator you entered on reverses. |
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chessnut
Legendary
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Activity: 924
Merit: 1001
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April 17, 2014, 10:31:02 AM |
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I have the worst time knowing when to cut a loss with a trade. What do some of you guys set up a stop loss at?
depends where you got in and what your expectations are. everybody has a different style. if you took my stop level (i dont use stops) you might get into trouble. |
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niothor
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April 17, 2014, 10:42:13 AM |
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Let me guess .. the dip is again based on some chinese story?
Is this the chinese version of 1001 stories?
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podyx
Legendary
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Activity: 2338
Merit: 1035
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April 17, 2014, 10:43:36 AM |
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Let me guess .. the dip is again based on some chinese story?
Is this the chinese version of 1001 stories?
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y3804
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April 17, 2014, 10:43:59 AM |
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Let me guess .. the dip is again based on some chinese story?
Is this the chinese version of 1001 stories?
Market correction + China ban. I wouldn't worry about it. Anything over $480 is really good imo |
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y3804
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April 17, 2014, 10:47:26 AM |
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a LOT of fake volume on Huobi.
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dreamspark
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April 17, 2014, 10:47:59 AM |
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This dip right before a bank holiday in Europe with no fresh fiat means the next four days could get ugly. Might have to put my temporary bear hat on.
Never understimate the ability of Houbi to rise on hot air. It doesnt need fiat. Good its gonna have to get even better at riding it up on hot air and no fiat once theres no fiat going there at all |
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p0peji
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April 17, 2014, 10:48:09 AM |
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So buying back in now, because of an expected pump would be a good strategy?
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niothor
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April 17, 2014, 10:50:38 AM |
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So buying back in now, because of an expected pump would be a good strategy?
I would just say that buying or selling based on an advice on this forum is a bad strategy. |
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