Bitcoiners on suicide watch

Sir_Gallonhead
Sir_Gallonhead

Bitcoiners on suicide watch

All urls found in this thread:

bloomberg.com/news/articles/2017-02-08/china-central-bank-said-to-call-bitcoin-exchanges-for-more-talks
coindesk.com/two-chinas-biggest-exchanges-stop-bitcoin-withdrawals/
veekyforums.com/thread/1790877/business

King_Martha
King_Martha

bloomberg.com/news/articles/2017-02-08/china-central-bank-said-to-call-bitcoin-exchanges-for-more-talks

itll recover, and nocoiners will forever not buy the dip, just a regular day

haveahappyday
haveahappyday

that's not a dip you dip! call me when it dips 50%!

SniperWish
SniperWish

This was a tiny blip caused by another PBoC move.
Bitcoin dropped like 20 bucks compared to 12 hours ago.Literally nothing.

These PBoC moves keep having a smaller and smaller impact btw, people are now aware the Chinese don't actually own anywhere near 90+ percent of all bitcoin.

RavySnake
RavySnake

not buying the dip

LuckyDusty
LuckyDusty

My life is over.. My coins are now worthless

BunnyJinx
BunnyJinx

/thread

girlDog
girlDog

nocoiner on suicide watch after missing another obvious dip

Nojokur
Nojokur

coins
Electrons.

farquit
farquit

PBoC will cry at your funeral

Garbage Can Lid
Garbage Can Lid

so how fucking stupid does OP look right now

Ignoramus
Ignoramus

Thanks OP. You got me excited for a dip and now I'm sad AGAIN.

I bet you let your GF down this much too.

iluvmen
iluvmen

it's actually bits

askme
askme

you can always stop coping and join the winning team by buying

farquit
farquit

F

King_Martha
King_Martha

Would it make sense to buy stock in a bitcoin investment stock tomorrow when it drops?

Emberfire
Emberfire

double digits IQ the post

Evilember
Evilember

A

TreeEater
TreeEater

It took literally hours for OP to look like the biggest idiot on this website.

SniperGod
SniperGod

Another dip taking place right now.

PBoC probably made another announcement.

Lunatick
Lunatick

It looks like two bitcoin exchanges are suspending withdrawals. Whateever that means.

coindesk.com/two-chinas-biggest-exchanges-stop-bitcoin-withdrawals/

Harmless_Venom
Harmless_Venom

yfw pboc is buying the dips

girlDog
girlDog

It means people can't take their bitcoin/yuan off the exchange for a while.

viagrandad
viagrandad

Just read the article, they can still withdraw yuan, but not bitcoin.

happy_sad
happy_sad

Those guys are going to lose a lot of money.

w8t4u
w8t4u

I think they can still trade their coin for yuan.

Techpill
Techpill

Events like these are why I don't short bitcoin lol.

TreeEater
TreeEater

That is true. The PBOC must be concerned about people sending BTC abroad to buy dollars.

Fried_Sushi
Fried_Sushi

Actually the withdrawal ban is a "proactive move "by the two exhanges, not something they were ordered to do by PBOC

SomethingNew
SomethingNew

y-yeah

Techpill
Techpill

Artificial difficulty.

TreeEater
TreeEater

thanks china for discount, love you

PackManBrainlure
PackManBrainlure

This move came right on the heels of a closed-door meeting yesterday.
This was very much the PBoC's doing.

Sharpcharm
Sharpcharm

who here /notaredditorfaggot?

Firespawn
Firespawn

Holy wtf happened

TalkBomber
TalkBomber

I hope all the fucking Chinese get out, so we can be rid of this panicky regulatory bullcrap.

BinaryMan
BinaryMan

lmao everyone's buying the dip

seems like chinks have no power anymore

FastChef
FastChef

Chinks are now buying the dip
20 USD + in 1 min
wtf

Illusionz
Illusionz

closed yet or still waiting?

King_Martha
King_Martha

doubled down with my new margin. I expect another rally down then i'm gonna back off

lostmypassword
lostmypassword

TFW missed another dip

Emberburn
Emberburn

There was a big rebound, but it's still low user.

BlogWobbles
BlogWobbles

falling for obvious bull trap

biz 2017

DeathDog
DeathDog

This was an external event user.

Stop falling for the technical analysis meme and look at the actual influences.

PurpleCharger
PurpleCharger

I didn't buy it. I didn't lose it. All I did was watch from the comfort of my home and had a nice laugh.

Am I in the wrong?

haveahappyday
haveahappyday

It dropped to the value of a week ago, why are nocoiners so desperate for a giggle?

Bidwell
Bidwell

Hi it's PBoC.

Enjoy the dump!

PackManBrainlure
PackManBrainlure

Ya... Didn't pboc ban btc back when btc was at like $1200?

GoogleCat
GoogleCat

Yea, but it accepts bitcoin now.

They just don't want stupid shit happening like massive fake volumes or yuan cash outflows via bitcoin.

PBoC did bitcoin a HUUUUUGE solid by removing the fake volumes from the Chinese exchanges.

And doing that first.

I could only imagine what would have happened if the Chinese exchanges had restricted bitcoin withdrawals (which was what happened today) while everyone still thought 95% of bitcoin volume took place in China.

Ignoramus
Ignoramus

buy the dip lads

Fried_Sushi
Fried_Sushi

how low will it go? Or is now the time to buy?

Bidwell
Bidwell

not yet it will go under $900 this time.

TalkBomber
TalkBomber

955 and going down.

New_Cliche
New_Cliche

tfw bought at 930

pray for me, Veeky Forums

PurpleCharger
PurpleCharger

you still have an hour to sell then

StrangeWizard
StrangeWizard

It's going back down to 200
See ya in another 3 years

Illusionz
Illusionz

This is too hot right now. Sold everything. Waiting for cheaper coins. Good luck to you.

Crazy_Nice
Crazy_Nice

good call user, i sold much sooner, but i don't regret it at all. i still had like 300% profit so idk about an other 10% give or take.

Spamalot
Spamalot

They're not going to get much cheaper user. This is basically the low point of this dip.

LuckyDusty
LuckyDusty

w-were not the idiots!!! your the idiots!!

Boy_vs_Girl
Boy_vs_Girl

you're an idiot if you can't predict sudden PBoC crackdowns

Ok buddy.

Methnerd
Methnerd

chinas government is crippling their advance of being a BTC superpower in near future

PurpleCharger
PurpleCharger

What program/website is that?

Raving_Cute
Raving_Cute

How about you Google it?

Evil_kitten
Evil_kitten

How can i google that? Reverse google search gives me pictures of a starry night.

takes2long
takes2long

Why is Bitcoin falling? Fill me on this.

Bidwell
Bidwell

Look at this image NOW LOOK AT THE TOP LEFT.

You should learn how to use the Internet/technology before you invest into Bitcoins.

likme
likme

he didn't notice there was a logo in an image
He's a caveman tech-wise
Wow user ur mean

TreeEater
TreeEater

Even without the images he could just Google "BTC charts" and he'll find like 100 clones. So don't give me that bullshit.

PackManBrainlure
PackManBrainlure

Could have also said its bitcoin wisdom. Would have saved you some time and patience.

SniperGod
SniperGod

I didnt know it was exclusively bitcoins. I asked because i was wondering if it was a good website with all stocks that i didnt know of.

In that scenario googling bitcoin charts is just fucking ridiculous. How are you this angry over something so trivial.

Firespawn
Firespawn

falling for the candlesticks meme

TurtleCat
TurtleCat

Fuckin chinks selling their coins at relative high points then releasing some bullshit FUD to tank the price and buy in again cheap

Chinks, gooks, kikes, wops, niggers, spics, sandniggers, all women, you can never trust

Only trust your dog and maybe your family

P.s. we'll be at $1100 in a few weeks and the same shit will happen, most likely FUD from chinks or kikes refusing the ETF

SniperGod
SniperGod

Right now, autists seriously think that the price is going to the moon.

This dead cat bounce is totally unlike all those other dead cat bounces in Bitcoin history! SRS GUYS

Poker_Star
Poker_Star

See pic.

Notice how price invariably goes up in between every chink announcement?

Skullbone
Skullbone

d-deat cat b-bounce

whereismyname
whereismyname

Yeah I only made 300% last year on BTC. I think I'll kill myself

happy_sad
happy_sad

So those huge price drops

are those basically people overreacting and speculators trying to profit from people overreacting?

likme
likme

Bitcoin wisdom faggot

Nojokur
Nojokur

Yes.

And also a lot of auto sells like stop losses or trailing stops.

It seems that the latest move disconnected the Chinese bitcoin price from the global bitcoin price, see veekyforums.com/thread/1790877/business

So it's very possible that the next PBoC scare will only cause a big dip in China, and only a smaller one in the rest of the markets.

Boy_vs_Girl
Boy_vs_Girl

One thing seems clear from this thread: if you put any faith in this then you're a gullible fool. There are only about a dozen things that can, and probably will burn this house to the ground. If you're into gambling then go for it.

King_Martha
King_Martha

you didn't make anything unless you cashed out nigga. i did i can say i made 300%.

Emberburn
Emberburn

There are only about a dozen things that can, and probably will burn this house to the ground.
And there are a million things about to raise the roof into the sky.

What you're talking about is exactly why now is the time to get on board for astronomic gains.

If you wait until it's all safe and calm, it's too late.

Also, with every regulatory move by the Chinese authorities against bitcoin, the Chinese influence on the bitcoin price wanes.

First they showed that the Chinese bitcoin volumes weren't 95%, but rather around 30% (on par with USD and JPY).

And their move two days ago partially disconnected the Chinese bitcoin price from the global bitcoin price.

Right now, bitcoin in Yuan is $ 20 less than in the USD or Euro markets.
So there's some insulation it seems.

Emberfire
Emberfire

Not to mention the fact that the latest ~135 dollar drop has been almost completely made up for again.

ZeroReborn
ZeroReborn

If you're into gambling then go for it.
this! it's still a hundred thousand times better than buying lottery tickets. you actually have the chance to win some.

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