Poll
Question: Closing BTC Price June 28:
$0 - 5 (2.6%)
<$7,000 - 4 (2.1%)
$7,000-$7,499 - 0 (0%)
$7,500-$7,999 - 0 (0%)
$8,000-$8,499 - 1 (0.5%)
$8,500-$8,999 - 3 (1.6%)
$9,000-$9,499 - 4 (2.1%)
$9,500-$9,999 - 27 (14.2%)
$10,000-$10,499 - 26 (13.7%)
$10,500-10,999 - 15 (7.9%)
$11,000-$11,499 - 14 (7.4%)
$11,500-$12,000 - 17 (8.9%)
>$12,000 - 59 (31.1%)
>$20,000 - 15 (7.9%)
Total Voters: 190

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21254363 times)
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Fatman3001
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July 09, 2016, 11:54:14 PM

Countdown begins.....

4 years until halving

Bitcoin to the moon! Lol. A lot of pre-halving hype and then nothing. The chineses are playing with us, they control de market.

Yeah right, another one of these superficial and foundationless assertions regarding supposed "chinese control"....

Can I just say, Bullshit?  Oh, I just did.   Tongue

Had you watched the Chinese markets volume of the last 2 or 3 years? They control de market, 90% of volume is from China. And this is not only about Bitcoin, all the altcoins had the same problem.

Those big and shady chinese exchanges are centralized and with low or not fee at all.

yes, I will concede that chinese exchanges are known for low or no fees, lot's of trading bots, and even some faked volume... and so they have been discredited for quite a while (maybe around a couple of years)..

Sure, there is some symbiosis, and there is some back, and forth in which chinese may seem to be leading, but I would not attribute correlation with causation. 

And, sure, on an individual level, you can figure out whatever indicators work for you, and in that regard, you can follow the chinese exchanges to your heart's content, but makes you look kind of silly if you are spouting out such nonsense in these forums without qualifying your observations to some extent with acknowledgements that there is quite a bit of skepticism in respects to chinese exchanges (and that is not at all meant to be a xenophobic assertion from me).. 

OkCoin, Huobi, Bitfinex, BitStamp, BTCChina... Tell me ONE not chinese big exchange.

It's ok. The chinese are better than us. They'll make us rich.