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bitcoinsrus (OP)
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April 14, 2014, 02:58:25 PM |
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Last week many thought this Tuesday would be a drop, but by now reading the top posts, many think not much will happen tomorrow (april 11th dropped and many say that was it)
Thoughts?
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master-P
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April 14, 2014, 03:04:46 PM |
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Some people say to do the opposite of what everyone else is doing, but it does feel like we're moving past the whole China ban scenario. I'm sure the bears will find something new to spread negativity with soon enough though, they always do.
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UnDerDoG81
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Activity: 2179
Merit: 1201
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April 14, 2014, 03:17:35 PM |
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I thought April 16th is the end of Bitcoin? Not 15th? Some people were saying $0.05 per BTC is possible.
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DubFX
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April 14, 2014, 03:20:05 PM |
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I thought April 16th was the end of Bitcoin? Not 15th? Some people were saying $0.05 per BTC is possible.
Complete shit ROFL |
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hodlmybtc
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April 14, 2014, 03:20:35 PM |
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I'll gladly buy every coin available at $0.05  |
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DubFX
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April 14, 2014, 03:21:12 PM |
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I'll gladly buy every coin available at $0.05 I would that too. |
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UnDerDoG81
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Activity: 2179
Merit: 1201
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April 14, 2014, 03:22:45 PM |
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I thought April 16th is the end of Bitcoin? Not 15th? Some people were saying $0.05 per BTC is possible.
Complete shit ROFL That was  |
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bitcoinsrus (OP)
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April 14, 2014, 03:29:18 PM |
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I am not sure what will happen tomorrow or the 16th, but april 11th did take me by surprised (I don't think we expected to drop).
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hyphymikey
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April 14, 2014, 03:40:17 PM |
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If China said the last day bank accounts can be used for bitcoin is April 15th, and it usually takes a few days to wire fiat, why would someone wait until the 15th to sell? So their money can just sit in the exchange without the ability to wire out? That's why it dropped a few days before the 15th. The only thing is these exchanges already knew they had a workaround, so they probably placed bids low and bought some of the cheap coins themselves, all while profiting over big volume of panic sellers. The price will now rise a bit and exchanges will make money off their "insider" knowledge.
For anyone to think the price would plummet the day of, is not thinking this through properly.
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bitcoinsrus (OP)
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April 14, 2014, 03:51:16 PM |
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And I also heard something about Australian banks soon taking effect (not sure the date). Can anyone confirm this? |
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jdun
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April 14, 2014, 06:04:06 PM |
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Several exchanges closing on the 15th, and only one on the 18th. But the PBOC says ok to bitcoin, so looks like bitcoin might start its uptrend soon (if not today). |
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infofront
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Activity: 2632
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Shitcoin Minimalist
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April 14, 2014, 06:08:10 PM
Last edit: April 14, 2014, 06:30:24 PM by infofront |
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All the FUD is already baked into the cake, and as it turns out, the situation isn't nearly as bad as many of us believed. The market oversold based on the FUD, so we're seeing an upward correction now.
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serenitys
Full Member
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Activity: 126
Merit: 101
Be Here Now
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April 16, 2014, 03:48:15 AM |
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It was.....anti climactic....to say the least  |
You say "anti government" like that's a bad thing...
Unfortunate times will bring out the best in good people and the worst in bad people
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YipYip
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April 16, 2014, 04:27:05 AM |
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I thought April 16th is the end of Bitcoin? Not 15th? Some people were saying $0.05 per BTC is possible.
yeah right ... so we wipe 10 billion worth of market cap and associated infrastructure over what  Bitcoin is a movement not just a commodity |
OBJECT NOT FOUND
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lv0
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Activity: 12
Merit: 0
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April 16, 2014, 06:43:08 AM |
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Lots of manipulation going on when the price was going down, can guarantee that those trying to drop the price grab all the cheap coins when people panic sell. Good thing is all the manipulation allows me to get more cheap coins - always a good thing  |
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koryu
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April 16, 2014, 06:52:05 AM |
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in my estimation after april 15th third party payment processors are punished for dealing with bitcoin exchanges in china. the only way for withdrawals and funding is via bank transfer then.
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DubFX
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April 16, 2014, 06:54:19 AM |
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in my estimation after april 15th third party payment processors are punished for dealing with bitcoin exchanges in china. the only way for withdrawals and funding is via bank transfer then.
Seems like the truth is that btcChina relased btc ATMs for alot of shops...price should go waay up. |
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