The whole huobi thing still doesnt feel good.
It would be nice if we actually know what is going on in china. All these unknows factors..

But its also a panic machine, used by the fud spreading chinese government.

Only to wake up and realize your live on earth was all a dream.

Even if global warming is not mankind related, that doesn't change the fact that it is happening.

However; I do believe that mankind has a big influence on the current global warming.
So a good start is changing mankinds behavior and lower carbon emission.

Furthermore; we can still try to develop the technology to counter the effect of global warming, even when it is not mankind related.


Sticking your head in the sand, will not make the problem go away!

He returned to sell all his bitcoins and short, I guess.

I thnik we'll go to $13-$26 in a few months... And then will bounce to $50 and will trade at ~$50 with 4-5 months and then will grow up slowly.

Two whole data points!  Damn, that is certainty.

 
Actually, I was a newbie that times.
Now I know more. Bad scary news is coming.

But, of course you can "ignore the truth".

BTC-E is legally registered in Bulgaria, so Russian laws won't affect it.

If Rasputin were here he would be a long-term Hodler! 

I think that dozens of positive news events about adoption resulted in these two little "dojis" on the weekly chart is bearish indeed. It shows the sheer weight of the suppressed capitulation which will be unleashed as soon as the media flow stops.

don't forget fiat lag and verification lag ..and then the final decision lag

You should panic sell now..
Just hold and see the moon

$100,000 target works for me too  

No adoption doesn't stop but having a PR on the wire every day might.

No offense to India, but I have a handful of friends that live there and I have been told that majority of that country is very poor with a small middle class and a handful of the wealthy.  I don't think the majority would put to much into bitcoins.

Legit.
Banks don't want to get any trouble. They need to be out of bitcoin business before jan 31.

There are no Chinese rumors, only confirmed bad news facts from trusted sources.  Sell now!

Buy and hold is for suckers or someone who bought in during a panic selloff. The real money to be made is on the weekly fluctuation. So while most wait for 2000k per BTC they miss out on the 900 - 600 - 900 - 600 action that takes places for a long while.

Youll know when BTC is ready to go the the moon ($5k?) when few before it does it tanks 40% and everyone is wishing they were in fiat.

Just pull back your charts to daily and weekly candles and look att price action after the price pops. The answers are all there.

Bots abound but just a thought: did anyone take into account the new ATMS? Depending on the set up they can be linked to exchanges. Apparently people have regularly been buying the highest possible limit of BTC via these babies.

Bought only 10k coins @ 2$ (instead of a few 100k).
Never thought this ponzi will get above 100$ 
Still a decent profit. Just need to find the private key.

Hopefully not all.
I'm willing to bet 1 BTC that we correct again under 575$ before we reach 2000$.

Short sell today.

Market is being held up by artificial bot trading to allow enough Bid pressure to build up to absorb some fuckers bumper cash outs. 800 BTC cashed out at 10:21 UTC between $814 and $810 (absolutely mental). Next fraction of a Bitcoin took price down to $801. See the way that the market is being engineered and take advantage of it.

Short sell Bitcoin now!

I´ve read it on some conspiracy theory blogs so it is a 50/50 news. It also says that China will start WWIII soon to hide that the government is transfering all their money to foreign countries and such stuff.

EDIT: It´s german

http://www.epochtimes.de/China-plant-3-Weltkrieg-um-Regime-zu-retten-a1124391.html

http://info.kopp-verlag.de/hintergruende/wirtschaft-und-finanzen/michael-snyder/die-chinesische-23-billionen-dollar-blase-steht-unmittelbar-vor-dem-platzen-droht-nun-eine-weltwei.html

China crisis on January 31

Have you even one argumetn against ripple ?

Inspirational Buy All the Bitcoins Speech


We're in hell boys, believe me. Now, we can be greedy and fearful and cash in our bitcoins for fiat, pay our taxes and participate in the up and coming bail-ins.... OR, we can fight our way back,  we can buy our way into the light,  we can climb out'a hell. I look around and i see newbies everywhere, and i think... I mean... i've made every wrong choice a bitcoiner can make, I fell in every single bears trap in the 20's, I pay 50BTC for mining contracts at 90$. and lately I feel like selling everything.... Newbies talk of bearishness and china being an issue, which reminds me what's at stake here, what we've been fighting for this whole time. and what the bitcoin market really is. the bitcoin market is a promise of freedom and fairness for all.  We are a team poeple, fighting for honest money and freedom from the banksters. Either we heal now as a team, or we will die as individuals. We can get screwed by the system one by one, or, we can unite and screw the system AS A TEAM. On this team, we fight for the bitcoins, On this team we tear ourselves to pieces for the bitcoins! BECAUSE WE KNOW, when we add up all those bitcoins thats gonna make the fuck'n difference, between winning and losing, between getting screwed and screwing them. I'll tell you this, in any fight its the guy that's willing to die thats gonna win, and i know if i'm gonna have any life anymore its because i'm still willing to fight and die for the dream, because that's what living is! The dollars we need are everywhere around us, Now I can't make you do it, you have to look at the guy next to you, look at his avatar, I think you'll see a guy who will fight for the bitcoin dream, because when it comes down to it, he needs it as badly as you do.

Now.... what are you gonna do?!

http://www.coindesk.com/bitinstant-ceo-charlie-shrem-arrested-silk-road-bitcoin-bust/

Sarah Meiklejohn, author of the paper, “A Fistful of Bitcoins: Characterizing Payments Among Men With No Names,” noted in December that such actions would even be “easy” for law enforcement officials.

“The FBI now has all the data for Silk Road, they can see how much these guys earned, and they can see the addresses they used. So, it really seems like they have a lot of what they need to be able to prosecute them,” Meiklejohn told CoinDesk.


Since I am only able to see press release, do you think DPR is looking for some plea deals to bring down the full structure?

The 30k coins almost ready to be sold are straight from SilkRoad, while the 144k coins where from his laptop and his personal wallet.  If he ever decides to plea and surrender those coins it may buy him less time behind bars while helping to prosecute others like Shrem and Faiella.



** Edit and just like that fluidjax posts the complaint**

Why are the Chinamen still in the 800 range?

DENIAL ! THIS IS CRASHING !

http://www.usatoday.com/story/tech/2014/01/27/bitcoin-dealers-charged-with-money-laundering/4941313/
Not trying to be a troll or fudster, but come on any one who can see a huge panic coming is in denial. USA today is already posting negitive articles in less than a few hours of story breaking. It took them two years to post something positive. Media will blow this out the water. People will panic. Especially Chinese as thing are easily skewed in translating to Chinese.

money is just a system with rules which we all agree on, and choose to collectively believe the imaginary units in this system have value, and now, I no longer agree to believe in a system the majority blindly believes, and thanks to bitcoin i don't have to.

No, I'm not. Got cheap coins (still have fiat left there).
You will regret it in a few days not sending fiat to GOX  

20k $ is peanuts.

I don't see no train....yet.

Yada yada yada

You're starting to look like a jack ass

It's the steep deflationary nature of bitcoin that turns most people off. It does make bitcoin look like a pyramid scheme and the number of followers who are exhibiting cult behavior aren't exactly helping either.

Is bitcoin a cult?

http://www.forbes.com/sites/petercohan/2014/02/26/is-bitcoin-an-investment-or-a-cult/

CONFIRMED.

Bitcoin – the online currency used to buy Alpaca wool socks and illegal drugs whose value dropped from $17.50 to “pennies” after a June 19 hack into its currency exchanger, Mt.Gox –has gotten plenty of media attention

I knew it, am I the only one who got this ? how many of you out there who got the same e-mail ?

Which makes me wonder..... has someone hijacked MtGox? a hacker got everyones details somehow?

Something odd is happening as the "pdf" is not what it says it is ... and also.. send you what the balance ?

If this is MtGox- then wtf?
If this is someone hijacked the system that now has my email, and can send emails out with strange attachments- wtaf?

Basically WTF?

lol some of those replies are the funniest things i've read all day

Ban stars too. Those things are dangerous, always going supernova and stuff

[Picture of a burning bridge]

quote

Ripple.

Rumor has it that Jed is currently looking for a Frenchman who has a Frenchman roommate that both code to sell it to one of them for an undisclosed amount. Sometimes, you just can't make this shit up.

Now, this got interesting! Tell me how is it false knowledge and tell me when has history proven that it is false knowledge.

I seem to have trouble finding the answer to my questions through that link. Could you please summarize the answer for me here.

Sadly that link didn't answer my questions and concentrated on the personality of Keynes and on problems that have very little to do with my original claim.

I think that healthy criticism is what this community around bitcoin currently needs. Cult behavior among the surrounding community is actually driving away a lot of potential investors. People need to come down to earth a little more, or else bitcoin will look more and more like a joke.

For an digital currency that is used for drug trade to get into the field of legal finance is a lottery. Most of the people here have absolutely no idea about finance and maybe that's the reason why it doesn't seem like a lottery to them.
I'm not blaming anyone here, I was just making fun of the absurdity of bitcoins coin supply and you seemed to take offense. Don't be so touchy if you want to look confident about this subject.

I must say that it's a little hard to combine thoughts from the words that you wrote... are you drunk or something?

Because it's profitable to earn money at the expense of people who don't know any better.

What's a dinosaur?

50% chance above and 50% below, for any future date, are you serious ? Are you really a professor ? You should check your maths here...

blub blub

Good as this?

http://youtu.be/jq57BjBVq7o

The bears are shitting their pants.

If there was such "definitive information", wouldn't the smart money have already moved in at that point?  You can wait 2 months till we're back at $600 or whatever, if that's a clear indication to you, but then you've paid a cost for that information (opportunity cost), and already forfeited most of the profit.

I like to buy when people are shitting their pants, or "waiting for definitive information".  Best time imo.  Smallest "supply" of buyers willing to take that risk.  High risk, high reward.  

Cheers

So we hit 440 a couple of days ago, rallied weakly and then cut through it like cream cheese today down to 420.  

Now everyone thinks the downward momentum is "slowing down."  340 has to be the low, right?

No.  The bad news hasn't even happened yet in China.

What's the market going to do when OKCoin announces that it has been confirmed to them that they can no longer use deposit codes and authorized buyers? Whats the market going to do when Houbi announces the same? Whats the market going to do when these exchanges announce they are shutting down or moving offshore?

All we had so far was an article about a behind closed doors meeting where the PBOC asked for these things to happen.

And that brought us from 505 down to 420.  

Added to all this is the fact that after 340 sentiment became BULLISH. And it is still more bullish now than it was when we were here a few weeks ago before the dive to 340.

Which means when we dive below 400 again to test 340 the bulls are going to be CRUSHED.  If we go below 340, every bullish case is DEAD.

Bulls will have nothing to say, no psuedo EW analysis (ie chessnut), no TA, no fundamental arguments. Bulls will have to give up.

And THEN - only then - can we started looking for true capitulation.

PS BTW - it took less than 24 hours for me to win my bet with Rpietila.  That didnt take long at all.

Having the same problem.


On an unrelated note: Seems like this market is a fear driven market. Can't wait to see what happens monday.

Why are Bitstamp not accepting deposits?

My sincere apologies if I ever gave the impression that I had any sympathy or respect whatsoever for the libertarian ideology.  If you care, I could try to remove any lingering doubts you may have about my opinions on the matter.

By the way, I am still trying to figure out what exactly is the "freedom" that the bitcoin "libertarians" are so obsessed about.

It seems that most of them are in the US or "US-like" countries, so it cannot be freedom of speech, religion, travel, residence, association, study, dress, drink, sex, marriage, work, property, trade, investment, enterprise, and many other basic freedoms that the citizens of those countries enjoy to a higher degree than most other people in the world (and that bitcoin cannot do anything about anyway).

So, what exactly are those "freedoms" that the "libertarians" miss, and hope to get through bitcoin?

So much delusion here. Look at 1h charts for Stamp and Huobi. Do you notice anything odd in the last two days?

What's the reason for dip now then?? -_-

Is it not really strange that the next "China deadline" is supposed to be on a saturday?

SOURCE:ANY | DST: ANY | TCP/1-65535 | DENY
SOURCE:ANY | DST: ANY | UDP/1-65535 | DENY

I have to admit that it looks like Stamp is moving more on its own the last 2 days or so. Maybe people finally realize following China is just stupid.

It is not 'well said'. He is making open accusations against specific forum members as being dishonest.

Incorrigible bull troll is incorrigible.

Strawman. Try again.

What's up with the hate on this guy?? he seems to be one of them brighter guys

Why is MRO only on 1 exchange? Is that on  purpose (like Mastercoin) or do they have inadequate leadership. Its not hard to get listed on multiple exchanges.