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Question: What happens first:
$65,000 - 59 (86.8%)
$48,000 - 9 (13.2%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26336930 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (170 posts by 1 users with 9 merit deleted.)
jl2012
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June 04, 2014, 06:35:58 AM

They are using "4th party processor", i.e. recharge voucher

1st parties are the exchanges and client
2nd party is the commercial banks
3rd party is the Alipay (like Paypal)

PBoC banned 2nd and 3rd parties, so the exchanges add one more layer on top of that.

All noobs and non-believers should have sold during the capitulation. The Chinese who are buying now are those really understand the value of bitcoin.
Do they seriously think the PBOC won't ban "4th party" too, or didn't intend to ban it already? The exchange operators seem to be playing an extremely dangerous game here.

The latest rumor says that PBoC is going to ban "recharge code":

http://www.btcbbs.com/forum.php?mod=viewthread&tid=15521 (in Chinese)

This should well explain the drop to 3756CNY (600USD) at Huobi few hours ago.

The rumor says it's the Document 140/2014 of Payment and Clearing Association of China

Similar rumors have been floating for a few days, but more details is given today. It's not confirmed, but I think this should eventually happen.

Just FYI. I personally don't give a fuck to PBoC

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bpnave
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June 04, 2014, 06:36:19 AM

I have a question someone might know the answer to:

https://i.imgur.com/voSyxxf.png

those are 3-day candles on bitcoinwisdom. When will that last candle end? Did it just start or is it about to end?

EDIT: It says "2014-06-03 2:00" when you hover over it with he crosshair pointer. Seems to me that's GMT 0:00 translated to my time zone.

Is that the start time of the candle time range?


I believe that's the starting date, so for yours, it starts on the 3rd of June and ends on the 6th at the same time. Meaning that that candle has just started.

Weird, though, since for me, it says at the bottom that it's June 2nd for that candle, meaning 2nd-5th. Either way it's at least another day or so before the next candle starts.
freebit13
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June 04, 2014, 06:36:51 AM

Is Shroombot on a dumping spree?
Davyd05
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June 04, 2014, 06:37:33 AM

you can set btcwisdom to universal time or it uses your local time I believe
akujin
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June 04, 2014, 06:43:52 AM

Is Shroombot on a dumping spree?
No.. It's functioning perfectly... Shroombot was design to do stupid things  Grin Grin Grin
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June 04, 2014, 06:47:14 AM

CHINA BANS BITCOIN! GAME OVER!

"PBoC is going to ban "recharge code""

SUB 300 - SOONISH
Timmmaahh
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June 04, 2014, 06:50:05 AM

CHINA BANS BITCOIN! GAME OVER!

"PBoC is going to ban "recharge code""

SUB 300 - SOONISH

source? otherwise just another bullshit statement..
N12
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June 04, 2014, 06:56:52 AM

The latest rumor says that PBoC is going to ban "recharge code":
Boy, what a surprise. The question is, why where the Chinese ever so naive to think it wouldn't happen?
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June 04, 2014, 06:59:36 AM

Oh, so it's China that makes up the laws for the rest of the world... I must have been living in a dream world all my life. Thanks for the info  Wink
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June 04, 2014, 07:00:23 AM


Explanation
fonzie
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June 04, 2014, 07:04:48 AM

CHINA BANS BITCOIN! GAME OVER!

"PBoC is going to ban "recharge code""

SUB 300 - SOONISH

source? otherwise just another bullshit statement..

http://www.btcbbs.com/forum.php?mod=viewthread&tid=15521
Asrael999
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June 04, 2014, 07:07:14 AM

CHINA BANS BITCOIN! GAME OVER!

"PBoC is going to ban "recharge code""

SUB 300 - SOONISH

source? otherwise just another bullshit statement..

http://www.btcbbs.com/forum.php?mod=viewthread&tid=15521

List of websites China has banned

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

includes such unsuccessful companies/brands/sites as Facebook, Google, Youtube, Twitter, Piratebay, and Dropbox

EDIT: and let me guess Fonzie, you cut your 520ish longs and went short at 680?

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June 04, 2014, 07:11:38 AM

But I thought China already banned bitcoin haha

And the price is still $200 higher than a few weeks ago - not exactly game over by any means  Roll Eyes
Hunyadi
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June 04, 2014, 07:11:47 AM

CHINA BANS BITCOIN! GAME OVER!

"PBoC is going to ban "recharge code""

SUB 300 - SOONISH

source? otherwise just another bullshit statement..

http://www.btcbbs.com/forum.php?mod=viewthread&tid=15521

jl2012
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June 04, 2014, 07:13:15 AM

The latest rumor says that PBoC is going to ban "recharge code":
Boy, what a surprise. The question is, why where the Chinese ever so naive to think it wouldn't happen?

As I said, I think all cowards have gone during the bear market. The remaining Chinese traders don't really care what PBoC says. For them, this probably is the last chance to buy bitcoin easily. The overhead cost will be much higher when recharge code is banned.
magicmexican
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June 04, 2014, 07:21:31 AM

PBoC strikes back, part XII?

If its going to be another boring 2-3 months bear market with China fud&pump i am not even going to watch it.
YogoH
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June 04, 2014, 07:22:51 AM

LOL, one post on a chinese forum and the bears come out
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June 04, 2014, 07:24:44 AM

Has blockchain.info run with the money, been hacked or DB/wallets been seized by the Feds?  Roll Eyes

https://bitcointalk.org/index.php?topic=638159.0

National Security Agency care to enlight us ?  Cheesy
akujin
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June 04, 2014, 07:27:04 AM

NSA: Your bitcoinz R belong to us!  Grin Grin Grin
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June 04, 2014, 07:28:04 AM



I missed the train
1BfR1ogtjfcT3LjEWogZQjDERtxAVemwEZ

You'll get a Starobrno for this tomorrow  Cheesy

I didn't forget btw. I'm just...lazy and late  Cheesy Enjoy your beer!

Thanks a lot for that. I am all drunk now !

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