|
RockHound (OP)
|
 |
April 17, 2014, 11:45:56 AM |
|
Cheers, sorry if in wrong section.
|
|
|
|
|
|
byt411
|
 |
April 17, 2014, 11:50:15 AM |
|
What question is this?
Supply and demand.
|
|
|
|
|
|
RockHound (OP)
|
|
April 17, 2014, 12:01:09 PM |
|
What question is this?
Supply and demand.
Yeah sorry mate, my last trade was at $530, just wondering why it dropped $40-50? |
|
|
|
|
|
byt411
|
|
April 17, 2014, 12:03:03 PM |
|
What question is this?
Supply and demand.
Yeah sorry mate, my last trade was at $530, just wondering why it dropped $40-50? Nothing much, no bad news or anything. Supply and Demand. |
|
|
|
|
|
RockHound (OP)
|
|
April 17, 2014, 12:03:41 PM |
|
What question is this?
Supply and demand.
Yeah sorry mate, my last trade was at $530, just wondering why it dropped $40-50? Nothing much, no bad news or anything. Supply and Demand. Good man  |
|
|
|
|
ljudotina
Legendary
 Offline
Activity: 1260
Merit: 1029
|
|
April 17, 2014, 12:09:41 PM |
|
|
|
|
|
|
|
roslinpl
Legendary
Offline
Activity: 2212
Merit: 1199
|
|
April 17, 2014, 12:29:00 PM |
|
Gush I was hoping for a $700 till the weekend ..
I know it is still possible ... but todays drop is telling me that it can be hard to get.
|
|
|
|
|
|
hodlmybtc
|
|
April 17, 2014, 12:31:04 PM |
|
It's good to see the markets barely reacting to this China bank news today. PBOC you won't get any more <$400 coins  |
|
|
|
|
|
RockHound (OP)
|
|
April 17, 2014, 12:35:58 PM |
|
Cheers for the links guys! Account closures probably affected some Huobi, OKCoin clients that haven't adjusted to the new deposit options/workarounds. Still no official statement from PBOC thus far! So this thread has been moved to the right Section on bitcointalk forum. |
|
|
|
|
escrow.ms
Legendary
Offline
Activity: 1274
Merit: 1004
|
|
April 17, 2014, 12:40:18 PM |
|
It's good to see the markets barely reacting to this China bank news today. PBOC you won't get any more <$400 coins Yeah it's because users in china know that they can't do bank withdrawals now so it's stupid to sell in low rates. As for buyers, btc-e china is accepting yuan deposits now, so expect prices to go back at 500+ in some hours. |
|
|
|
|
j3steven
Member
Offline
Activity: 112
Merit: 10
|
|
April 17, 2014, 12:48:10 PM |
|
I think it was just a strategic pump and dump by ppl looking to make some $ from BTC , no FUD or news related.
The positive I am looking at it is even if it drops down to 450 we are still well above the levels before the "coveted april 15th" date.
|
|
|
|
|
hodlmybtc
|
|
April 17, 2014, 12:58:57 PM |
|
It's good to see the markets barely reacting to this China bank news today. PBOC you won't get any more <$400 coins Yeah it's because users in china know that they can't do bank withdrawals now so it's stupid to sell in low rates. As for buyers, btc-e china is accepting yuan deposits now, so expect prices to go back at 500+ in some hours. Yeah Stamp already above 500 as we speak  |
|
|
|
|
roslinpl
Legendary
Offline
Activity: 2212
Merit: 1199
|
|
April 17, 2014, 01:05:16 PM |
|
It's good to see the markets barely reacting to this China bank news today. PBOC you won't get any more <$400 coins HueHue indeed no more cheap coins for China  PBoC is greedy I see |
|
|
|
|
|
lynn_402
|
|
April 17, 2014, 01:10:00 PM |
|
It's good to see the markets barely reacting to this China bank news today. PBOC you won't get any more <$400 coins HueHue indeed no more cheap coins for China PBoC is greedy I see Very glad to see the market is becoming more mature, we might actually be over the Chinese fiascos this time |
|
|
|
|
piramida
Legendary
Offline
Activity: 1176
Merit: 1010
Borsche
|
|
April 17, 2014, 01:33:41 PM |
|
It's good to see the markets barely reacting to this China bank news today. PBOC you won't get any more <$400 coins HueHue indeed no more cheap coins for China PBoC is greedy I see Very glad to see the market is becoming more mature, we might actually be over the Chinese fiascos this time well the $500 price already includes all of the chinese news, so that's why. if PBOC speaks tomorrow that they love bitcoin the price would return to the pre-hysteria levels of ~800. |
i am satoshi
|
|
|
JimboToronto
Legendary
Offline
Activity: 4032
Merit: 4569
You're never too old to think young.
|
|
April 17, 2014, 01:49:10 PM |
|
Any reason why price is $490 ?
 |
|
|
|
|
|
RockHound (OP)
|
|
April 17, 2014, 01:54:20 PM |
|
It's good to see the markets barely reacting to this China bank news today. PBOC you won't get any more <$400 coins HueHue indeed no more cheap coins for China PBoC is greedy I see Very glad to see the market is becoming more mature, we might actually be over the Chinese fiascos this time +1 |
|
|
|
|
|
dreamspark
|
|
April 17, 2014, 01:57:13 PM |
|
With a long bank holiday weekend in the west so no new fiat coupled with Chinas on going debacle price drops could be the theme for this weekend.
Also the effect of these exchanges loosing deposits and therefore the loss of liquidity entering them hasn't been priced in. We wont know the real effects of this until it happens.
|
|
|
|
|
wachtwoord
Legendary
Offline
Activity: 2324
Merit: 1125
|
|
April 17, 2014, 01:58:37 PM |
|
What question is this?
Supply and demand.
Yeah sorry mate, my last trade was at $530, just wondering why it dropped $40-50? There's rarely a clear and direct reason |
|
|
|
|
|
