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TERA
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May 10, 2014, 11:22:01 AM |
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Trading fee implementation and reduction of leverages could lower volume.
Although it doesn't appear much lower than normal now because we are still in the upper band of the downtrend where low volume is typically done. If/when we fall into the lower band, there should be more volume.
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gizmoh
Legendary
 Offline
Activity: 1428
Merit: 1000
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May 10, 2014, 11:25:27 AM |
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No more leverage trading.
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How Ripple Rips you: "The founders of Ripple Labs created 100 billion XRP at Ripple's inception. No more can be created according to the rules of the Ripple protocol. Of the 100 billion created, 20 billion XRP were retained by the creators, seeders, venture capital companies and other founders. The remaining 80 billion were given to Ripple Labs. Ripple Labs intends to distribute and sell 55 of that 80 billion XRP to users and strategic partners. Ripple Labs also had a giveaway of under 200 million XRP (0.002% of all XRP) via World Community Grid that was later discontinued.[29] Ripple Labs will retain the remaining 25 billion"
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Ultros
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May 10, 2014, 11:26:33 AM |
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So we can stop watching chinese markets? Seems too good to be true.
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TERA
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May 10, 2014, 11:27:54 AM |
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So we can stop watching chinese markets? Seems too good to be true.
Nah. Even at current levels, Huobi volume is still 5x higher than Stamp volume. |
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ElectricMucus
Legendary
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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May 10, 2014, 11:35:11 AM |
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Are Chinese exchanges still a thing?
Isn't the deadline like ...today?
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TERA
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May 10, 2014, 11:37:31 AM |
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Try to think of it like this pattern:  Though I do agree that it is going down a little overall. |
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Bitcoin_is_here_to_stay
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May 10, 2014, 02:56:04 PM |
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Try to think of it like this pattern: Though I do agree that it is going down a little overall. nice pic |
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Tzupy
Legendary
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Activity: 2128
Merit: 1074
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May 10, 2014, 03:38:57 PM |
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Maybe it's time for volume at Bitstamp to pick up. Since Chinese players are unlikely to transfer much fiat
to Bitstamp, but transferring lots of coins should be easy, bears may rejoice soon.
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Sometimes, if it looks too bullish, it's actually bearish
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Blue
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May 10, 2014, 04:11:44 PM |
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yeeha !
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fattypig
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May 10, 2014, 04:12:36 PM |
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Are Chinese exchanges still a thing?
Isn't the deadline like ...today?
Yup, deadline today. So lets just assume huobi and other chinese exchange site would be offline tomorrow onwards. |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 10, 2014, 04:17:44 PM |
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Are Chinese exchanges still a thing?
Isn't the deadline like ...today?
Yup, deadline today. So lets just assume huobi and other chinese exchange site would be offline tomorrow onwards. i think MAYBE monday |
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DustyRah
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May 10, 2014, 09:01:24 PM |
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I hope the Chinese commies are out as soon as possible so the rest of the world can get it on with BTC~
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Sindelar1938
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May 11, 2014, 03:04:57 AM |
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I think it's a bearish signal with some selling to come next week
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Elwar
Legendary
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Activity: 3598
Merit: 2384
Viva Ut Vivas
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May 11, 2014, 04:35:28 AM |
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Huobi is a Chinese exchange.
China banned bitcoins months ago.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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ElectricMucus
Legendary
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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May 11, 2014, 07:03:30 AM |
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Huobi is a Chinese exchange.
China banned bitcoins months ago.
Stupid, how the chumps here are the first to call it a ban, while all that China did was to rule banks shouldn't use it. Don't you guys get that is not the same thing? |
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T.Stuart
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May 11, 2014, 07:17:36 AM |
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Huobi is a Chinese exchange.
China banned bitcoins months ago.
Stupid, how the chumps here are the first to call it a ban, while all that China did was to rule banks shouldn't use it. Don't you guys get that is not the same thing? They've banned the banks from using it. They've banned journalists from reporting it. They pour scorn on Bitcoin users (maybe they've got that partially right  ). The line you take is beginning to sound pedantic. |
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ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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May 11, 2014, 07:40:20 AM |
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Huobi is a Chinese exchange.
China banned bitcoins months ago.
Stupid, how the chumps here are the first to call it a ban, while all that China did was to rule banks shouldn't use it. Don't you guys get that is not the same thing? They've banned the banks from using it. They've banned journalists from reporting it. They pour scorn on Bitcoin users (maybe they've got that partially right ). The line you take is beginning to sound pedantic. As I recall that's basically one event that shouldn't be reported on, and I'd say that's more international politics than anti-Bitcoin, I could be wrong, but then I don't really care. Still, the bulk of mining hardware is manufactured in China, and if their gov were against Bitcoin they'd move against that. Or rule something akin to "Bitcoin could have a destabilizing influence on the economy and therefore is prohibited" - which they also didn't. |
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