pato
Short

BITCOIN buyer getting overexcited?

BITSTAMP:BTCUSD   Bitcoin / Dollar
530 8 9
Bitcoin             has really pushed above everyones exceptions and I'm sure this has turned plenty of sellers into buyer. However, I'm not convinced that this goes on for too long. I think we are setting up for a selloff.
Kommentar: This picture is looking really good so far
Kommentar:
IMHO this chart will play out - cause OKCoin has to take responsibility about their market manipulation and expecting news this week

http://www.coindesk.com/bitcoin-investor-roger-ver-to-push-for-okcoin-liquidation-in-court/
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pato coinwide
@coinwide, WOW, OKcoin is in serious hot water. I doubt anyone will want to hold BTC for a bit. Im glad though cz it makes the analysis look more realistic. But quick question, whats your take on the impact of the Chinese not being able to withdraw until march?
What i dont understand is can they not use exchanges outside chinese jurisdictions to access BTC market?
Antworten
@pato, obviously OKC is in serious legal trouble and hasn't give any statement yet - seems like court will has to make a decision

all Chinese exchanges are prohibited to let their customers withdraw BTC until the investigation and KYC adoptions are finished - this is a decision of PBOC (People bank of China)

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tourist coinwide
@coinwide, They can withdraw, but only in local currency.
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pato tourist
@tourist, Thanks for that. I'm going to have a look at the Dollar/Chinese yuan pair as well after this information.
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coinwide tourist
@tourist, thx for the info
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Good. :)
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pato oldstout
@oldstout, :)
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