Wall Observer - China wall movement tracker

[StarenseN]

China Banking Regulatory Commission:

"no plans to introduce regulatory policies for bitcoin."

[theonewhowaskazu]

China rocket  

http://i3.sinaimg.cn/cj/money/lczx/20131017/U6834P31T1D17018288F46DT20131017093652.png

---from http://finance.sina.com.cn/money/lczx/20131017/071917018288.shtml
--- http://www.reddit.com/r/Bitcoin/comments/1onspw/awesome_chinese_bitcoin_infographic_from_sinacomcn/

edit Blitz: no need to directly embed this huge image

Could anybody translate the top one, especially the bottom part of it? The only part I understood was "pizza".

[wachtwoord]

China rocket  

http://i3.sinaimg.cn/cj/money/lczx/20131017/U6834P31T1D17018288F46DT20131017093652.png

---from http://finance.sina.com.cn/money/lczx/20131017/071917018288.shtml
--- http://www.reddit.com/r/Bitcoin/comments/1onspw/awesome_chinese_bitcoin_infographic_from_sinacomcn/

edit Blitz: no need to directly embed this huge image

Could anybody translate the top one, especially the bottom part of it? The only part I understood was "pizza".

The Chinese want to buy goats with Bitcoin  . It's one of the top 11. Well, I guess it's different from sheep at least

[BitcoinAshley]

China Banking Regulatory Commission:

"no plans to introduce regulatory policies for bitcoin."

 
Allow me to translate from chinese:

"Hey western politicians and bankers... FFFFFFFFUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU UUUUUUUUUUUUUUUUU!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!1"

[cypherdoc]

China Banking Regulatory Commission:

"no plans to introduce regulatory policies for bitcoin."

 
Allow me to translate from chinese:

"Hey western politicians and bankers... FFFFFFFFUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU UUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU UUUUUUUUUUUUUUUUU!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!1"

why you leave off the "k"?

[derpinheimer]

Because hes saying F U, not fuck.

[cypherdoc]

Because hes saying F U, not fuck.

didn't you know?

the Russian version of that is fuk.  past tense is fukt as one of our esteemed members indicates.

[Hailo]

China rocket  

http://i3.sinaimg.cn/cj/money/lczx/20131017/U6834P31T1D17018288F46DT20131017093652.png

---from http://finance.sina.com.cn/money/lczx/20131017/071917018288.shtml
--- http://www.reddit.com/r/Bitcoin/comments/1onspw/awesome_chinese_bitcoin_infographic_from_sinacomcn/

edit Blitz: no need to directly embed this huge image

It just explains how bitcoins work and at the end it says that it might just be a bubble. It also says to be sure to think properly if it is a scam or of it is a new gold mine. Overall kinda bullish news!

[theonewhowaskazu]

China Banking Regulatory Commission:

"no plans to introduce regulatory policies for bitcoin."

[Citation Needed]

But seriously, if this is true, it could be potentially huge.

[Kupsi]

China Banking Regulatory Commission:

"no plans to introduce regulatory policies for bitcoin."

[Citation Needed]

http://finance.sina.com.cn/money/lczx/20131017/071917018288.shtml

[FNG]

968 

[SheHadMANHands]

If we're lucky, we'll see that 1k CNY wall challenged this weekend.. 

[dree12]

If we're lucky, we'll see that 1k CNY wall challenged this weekend.. 

At this rate, the wall will be challenged in hours.

[ehoffman]

What's terrifying is that after the 1000 wall, what's there left to stop BTC?  Nothing!  Sky is the limit 

[dree12]

We are now solidly over 980 CNY. There is barely any horizontal space until 1000, but there's sure a ton of vertical space to cross...

[dopamine]

0 % trading fee and when you dont want dollars no more! 

[Zangelbert Bingledack]

RED ALERT: About to hit quadruple digits, a huge psychological barrier.

Expect a few runs at it with the old Bitcoin Battering Ram^TM before it finally gives way* and gushes exuberantly higher, after which it typically would have second thoughts and retest 1000 or just below, and then level out somewhere significantly above that to gain a foothold. The usual stuff. If it establishes a foothold above 1000, it will be on nice course.

But that means there's a good chance at China forcing the West kicking and screaming through the traumatic memories of $266, which will be a good thing because the West may not have to deal with it, instead getting lifted up and carried past it by China.

*It might happen today, or it might take days or even weeks - but probably days

[Zangelbert Bingledack]

Let's hope for a week at least.

That'd be more solid, and certainly is quite possible, but the head of steam China's got now, this close to the brink, makes it seem like the dam could burst at any moment. Or it could get skittish and take a break down in the lower 900s or 800s. Neither result would be surprising given what we know at this moment.

[el_rlee]

RED ALERT: About to hit quadruple digits, a huge psychological barrier.

Expect a few runs at it with the old Bitcoin Battering Ram^TM before it finally gives way* and gushes exuberantly higher, after which it will have second thoughts and retest 1000 or just below, and then level out somewhere significantly above that. The usual stuff. But that means a good chance at China forcing the West kicking and screaming through the traumatic memories of $266, which will be a good thing because the West may not have to deal with it, instead getting lifted up and carried past in by China.

*It might happen today, or it might take days or even weeks - but probably days

Let's hope for a week at least.

Today evening, China time, i.e. in ~5 hours.
Just my guess.

[Zangelbert Bingledack]

Ground control to BTCChina, countdown commencing, engines on.