Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
YipYip
on 15/05/2014, 00:16:10 UTC
Is it not obvious that without FRESH FIAT (I think I am going to change my user name to this) that these markets cannot go up? And there is no way for fresh fiat to reach the Chinese exchanges.

And if the markets don't go up (and we all should be fully prepared for the market to meander right on past the cross point of this multi-month wedge that everyone's talking about) then the markets are all SITTING DUCKS to bad news coming out of China - like an exchange(s) closing, etc.

Buying here is ridiculous. Shorting isn't a great idea either - although you can often borrow it for almost free, just in case.

NEWSFLASH

CHina = Irrelevant

That's bullshit. You can't say the exchange ALL the other exchanges are following is irrelevant. That is illogical.

Unless Bitstamp can lead us somewhere, and it CANT without fresh fiat, then good luck with the whole "breaking up" theory.

Meanwhile, holding long is risky.


Look at the totally irellevant volume on Hubio .... It is absolutely friken obvious that teh volume was fake & on top of that leveraged

Bye bye china ...cant say I am sad to see you go ..lolz