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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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go4nature
Member
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Activity: 70
Merit: 10
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March 31, 2014, 03:14:09 AM |
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Yes i am also sensing slow recovery. When i went for sleep i thought price will further drop to $400. But after wake up i saw price increased little bit. My advice is don't panic and hold your BTC.
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keithers
Legendary
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Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
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March 31, 2014, 03:17:03 AM |
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With all of the negative news lately, potential new investors may be slightly more hesitant to put money in the market in comparison to where we were at a few months back (despite prices being much less)
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ebliever
Legendary
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Activity: 1708
Merit: 1035
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March 31, 2014, 03:31:25 AM |
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Price is up ~$30 today, either it's a natural rebound or something is indeed up. If those threads claiming big buys in China are for real, looks like we have the start of a bull market. Good timing too, there's been quite a dour atmosphere around here lately.
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Luke 12:15-21
Ephesians 2:8-9
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kooke
Sr. Member
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Activity: 448
Merit: 250
Bitcoin super-duper-mega-ultra-hyper-node
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March 31, 2014, 03:35:46 AM |
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Looks like this news is nudging the price upwards.
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waldox
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March 31, 2014, 03:40:06 AM |
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BTC-e is located in bulgaria
they are going to accept RMB (yuan)
i guess people are thinking they can bypass chinese exchanges if china bans bitcoin in china
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boumalo
Legendary
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Activity: 1904
Merit: 1018
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March 31, 2014, 04:21:00 AM |
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Price is up ~$30 today, either it's a natural rebound or something is indeed up. If those threads claiming big buys in China are for real, looks like we have the start of a bull market. Good timing too, there's been quite a dour atmosphere around here lately.
Let's not get to excited, shall we? 24h ago the price was 484USD and it is 468USD now on btc-e and it was only a few dollars more when you posted Everyone is waiting for a huge bull market after this crash so we should have a huge bull market Yes i am also sensing slow recovery. When i went for sleep i thought price will further drop to $400. But after wake up i saw price increased little bit. My advice is don't panic and hold your BTC.
Holding always work; you buy and you hold : it's easy and you will probably have the most profit EDIT 460$! |
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ebliever
Legendary
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Activity: 1708
Merit: 1035
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March 31, 2014, 04:51:41 AM |
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Well that didn't last long....
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Luke 12:15-21
Ephesians 2:8-9
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xb0x
Full Member
Offline
Activity: 181
Merit: 100
Better don't say if you don't know!
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March 31, 2014, 06:29:34 AM |
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This is gonna boost bitcoin price again, hope to get some good media attention..  ) #hold #speculation |
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Bit_Happy
Legendary
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Activity: 2100
Merit: 1040
A Great Time to Start Something!
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March 31, 2014, 06:50:08 AM |
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China doesn't matter that much in either direction.
Look at the news about Denmark, if you don't know already.
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Nagle
Legendary
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Activity: 1204
Merit: 1000
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March 31, 2014, 06:58:02 AM |
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No, BTC-e is accepting only offshore yuan (CNH), not domestic yuan (CNY). If you have CNH, you're already past China's exchange controls and don't need Bitcoin. I don't have time to explain China's exchange control system. Read this. |
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seriouscoin
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March 31, 2014, 07:22:57 AM |
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No, BTC-e is accepting only offshore yuan (CNH), not domestic yuan (CNY). If you have CNH, you're already past China's exchange controls and don't need Bitcoin. I don't have time to explain China's exchange control system. Read this.Its still better than nothing. Hongkong is still a hub for many money transferring services to mainlanders due to import/export industry. |
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DhaniBoy
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March 31, 2014, 08:33:56 AM |
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No, BTC-e is accepting only offshore yuan (CNH), not domestic yuan (CNY). If you have CNH, you're already past China's exchange controls and don't need Bitcoin. I don't have time to explain China's exchange control system. Read this.from what i read, CNH is free from beijing control, right and in huobi, what currency that chinese ppl use? CNH or CNY? |
██████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████ |
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smoothie
Legendary
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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March 31, 2014, 08:54:15 AM |
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So BTC-e trades CYN...yay lol
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
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cosmofly
Full Member
Offline
Activity: 532
Merit: 100
PrimeDAO - An Adoption Engine for Open Finance
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March 31, 2014, 09:00:54 AM |
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So BTC-e trades CYN...yay lol
No only CNH which is useless for Chinese mainland investors |
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BitOnyx
Member
Offline
Activity: 112
Merit: 10
Cryptocurrencies Exchange
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March 31, 2014, 10:54:17 AM |
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Well someone, thanks to china, can buy a lot of cheap coins. I wonder if this false report that is connected to this people.
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Zule
Member
Offline
Activity: 84
Merit: 10
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March 31, 2014, 11:03:57 AM |
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Well someone, thanks to china, can buy a lot of cheap coins. I wonder if this false report that is connected to this people.
You can buy them cheap coins too if you like. |
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ravenjt
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March 31, 2014, 11:52:20 AM |
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Holding always work; you buy and you hold : it's easy and you will probably have the most profit
EDIT 460$!
How can you say that after four months of declines that have reduced the price of a BTC from $1,200 to about $450? |
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porcupine87
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March 31, 2014, 12:45:11 PM |
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Holding always work; you buy and you hold : it's easy and you will probably have the most profit
EDIT 460$!
How can you say that after four months of declines that have reduced the price of a BTC from $1,200 to about $450? I think it always makes sense to sell 10%-20% of your stack after every quick 50% rise. You might missing some profits but you might missing losses, too... |
"Morality, it could be argued, represents the way that people would like the world to work - whereas economics represents how it actually does work." Freakonomics
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ravenjt
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March 31, 2014, 12:59:30 PM |
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This might be the right time to buys some bitcoins
On the other hand the way prices are drowning this might even go down
No one knows whats coming tomorrow
Now is clearly a much better time to buy than when the price was $1,200 Holding is not a profitable strategy. Selling at 1,200, then buying at 450...now there's a good outcome. ..you end up with nearly three times as many bitcoins! |
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