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/biz/ - Business & Finance

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File: 56 KB, 1280x741, photo_2017-02-08_10-59-18.jpg [View same] [iqdb] [saucenao] [google]
1783852 No.1783852 [Reply] [Original]

>Bitcoiners on suicide watch

>> No.1783855

https://www.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

>> No.1783863

>>1783855
that's not a dip you dip! call me when it dips 50%!

>> No.1783900

>>1783852
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.

>> No.1783901
File: 114 KB, 600x900, varg.jpg [View same] [iqdb] [saucenao] [google]
1783901

>not buying the dip

>> No.1783905
File: 29 KB, 640x480, sad.jpg [View same] [iqdb] [saucenao] [google]
1783905

My life is over.. My coins are now worthless

>> No.1783920

>>1783900
/thread

>> No.1783950
File: 134 KB, 1669x847, nuddadaynuddadip.png [View same] [iqdb] [saucenao] [google]
1783950

>nocoiner on suicide watch after missing another obvious dip

>> No.1784020

>>1783905
>coins
Electrons.

>> No.1784044
File: 114 KB, 358x435, inspection_time.png [View same] [iqdb] [saucenao] [google]
1784044

>>1783950
PBoC will cry at your funeral

>> No.1784307
File: 162 KB, 1676x848, JustBuyEveryDipLaw.png [View same] [iqdb] [saucenao] [google]
1784307

so how fucking stupid does OP look right now

>> No.1784477

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.

>> No.1784516

>>1784020
it's actually bits

>> No.1785617

>>1784477
you can always stop coping and join the winning team by buying

>> No.1785976

F

>> No.1786155

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

>> No.1786378

>>1784516
>double digits IQ the post

>> No.1786379

>>1785976
A

>> No.1786646
File: 73 KB, 1180x813, OPisfuckingStupid.png [View same] [iqdb] [saucenao] [google]
1786646

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

>> No.1786658

Another dip taking place right now.

PBoC probably made another announcement.

>> No.1786698

>>1786658
It looks like two bitcoin exchanges are suspending withdrawals. Whateever that means.

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

>> No.1786702

>yfw pboc is buying the dips

>> No.1786710

>>1786698
It means people can't take their bitcoin/yuan off the exchange for a while.

>> No.1786713

>>1786698
>>1786710
Just read the article, they can still withdraw yuan, but not bitcoin.

>> No.1786714

>>1786710
Those guys are going to lose a lot of money.

>> No.1786720

>>1786714
I think they can still trade their coin for yuan.

>> No.1786735

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

>> No.1786738

>>1786720
That is true. The PBOC must be concerned about people sending BTC abroad to buy dollars.

>> No.1786785

>>1786738
Actually the withdrawal ban is a "proactive move "by the two exhanges, not something they were ordered to do by PBOC

>> No.1786808
File: 23 KB, 1381x862, Screenshot from 2017-02-09 14-29-28.png [View same] [iqdb] [saucenao] [google]
1786808

>>1784307
>>1786646
y-yeah

>> No.1786827

>>1786808
Artificial difficulty.

>> No.1786830

>>1783852
thanks china for discount, love you

>> No.1786831

>>1786785
This move came right on the heels of a closed-door meeting yesterday.
This was very much the PBoC's doing.

>> No.1786833
File: 24 KB, 1041x101, notaredditor.jpg [View same] [iqdb] [saucenao] [google]
1786833

who here /notaredditorfaggot?

>> No.1786840

Holy wtf happened

>> No.1786843

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

>> No.1786858

lmao everyone's buying the dip

seems like chinks have no power anymore

>> No.1786860

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

>> No.1786873

>>1786833
closed yet or still waiting?

>> No.1786891

>>1786873
doubled down with my new margin. I expect another rally down then i'm gonna back off

>> No.1787096
File: 75 KB, 1013x1072, 1485563754263.jpg [View same] [iqdb] [saucenao] [google]
1787096

>>1783852
>TFW missed another dip

>> No.1787113

>>1787096
There was a big rebound, but it's still low anon.

>> No.1787124

>falling for obvious bull trap

biz 2017

>> No.1787130

>>1787124
This was an external event anon.

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

>> No.1787138

>>1783852
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?

>> No.1787359

>>1783852
It dropped to the value of a week ago, why are nocoiners so desperate for a giggle?

>> No.1787366

>>1783950
Hi it's PBoC.

Enjoy the dump!

>> No.1787383

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

>> No.1787417

>>1787383
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.

>> No.1787421

buy the dip lads

>> No.1787429

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

>> No.1787642

>>1787429
not yet it will go under $900 this time.

>> No.1787671

>>1787642
955 and going down.

>> No.1787696

>tfw bought at 930

pray for me, /biz/

>> No.1787782

>>1787696
you still have an hour to sell then

>> No.1787786

>>1787696
It's going back down to 200
See ya in another 3 years

>> No.1787793

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

>> No.1787804

>>1787793
good call anon, 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.

>> No.1789008

>>1787793
They're not going to get much cheaper anon. This is basically the low point of this dip.

>> No.1789057

>>1786646
>>1784307
>w-were not the idiots!!! your the idiots!!

>> No.1789189

>>1789057
>you're an idiot if you can't predict sudden PBoC crackdowns

Ok buddy.

>> No.1789405

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

>> No.1789622

>>1783852
>>1783950
>>1784307
>>1786646
>>1786808
What program/website is that?

>> No.1789640

>>1789622
How about you Google it?

>> No.1789655

>>1789640
How can i google that? Reverse google search gives me pictures of a starry night.

>> No.1789663

Why is Bitcoin falling? Fill me on this.

>> No.1789666

>>1789655
Look at this image >>1784307
NOW LOOK AT THE TOP LEFT.

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

>> No.1789671

>>1789666
>he didn't notice there was a logo in an image
>He's a caveman tech-wise
Wow anon ur mean

>> No.1789682

>>1789671
Even without the images he could just Google "BTC charts" and he'll find like 100 clones. So don't give me that bullshit.

>> No.1789683

>>1789666
Could have also said its bitcoin wisdom. Would have saved you some time and patience.

>> No.1789694

>>1789682
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.

>> No.1789784

>>1783950
>falling for the candlesticks meme

>> No.1790619

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

>> No.1790706

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

>> No.1790779
File: 77 KB, 1339x554, C4Tc9FEXAAA7haD.jpg [View same] [iqdb] [saucenao] [google]
1790779

>>1790706
See pic.

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

>> No.1791159
File: 1.74 MB, 1652x3056, NocoinerSuicideWatchNewYearEdition.png [View same] [iqdb] [saucenao] [google]
1791159

>>1790706
>d-deat cat b-bounce

>> No.1791379
File: 2.40 MB, 320x180, nocoiners.gif [View same] [iqdb] [saucenao] [google]
1791379

>>1783852
Yeah I only made 300% last year on BTC. I think I'll kill myself

>> No.1791590

>>1790779
So those huge price drops

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

>> No.1791603

>>1789622
Bitcoin wisdom faggot

>> No.1791840

>>1791590
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 >>1790877

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.

>> No.1791857

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.

>> No.1791859

>>1791379
you didn't make anything unless you cashed out nigga. i did i can say i made 300%.

>> No.1791897

>>1791857
>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.

>> No.1791898

>>1791857
Not to mention the fact that the latest ~135 dollar drop has been almost completely made up for again.

>> No.1791915

>>1791857
>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.