Bitcoin Forum

The price in the exchanges like Huobi,BTCCHina,Okcoin, is around $15-$18 higher than the current market price.Is manipulation again taking the charge?
http://www.coindesk.com/reality-chinese-trading-volumes/

It might be that china wants BTC price to rise and are pushing it through exchanges.

But as the people will go there to sell /arbitrage, price will surely go down.

It is known that most of the tanking usually comes from chinese exchanges, as most of the market volume is there (if we believe their volume, due to 0 fees and everything)

But when you note that the price is moving steadily from ~230 all the way to 275 of other exchanges as well, it's a very good sign that the volumes are indeed real and the
prices wont retrace much lower at this point. Honestly, i really think that this is just a start of another hype, which could very well last all the way to halving point, and further.

it's has to do with their huge volume, even if we can consider a portion of it to be fake, it's so huge, that it could still be far awar from other not-chinese exchange

manipulation or not, if the price can increase i'm all for it, i'm tired of that 230 stuck mark, that we see all the time, the market need a movement, toward the sky possibly

Quite right on your stand but these fake rise in price will not attribute to a solidarity of the coin.If this is the case then it could crash anytime like it happened last time.

It's a double edged sword eather way you look at it. Even if the possible aftermath would be a "crash" as you say, it would still build up interest of new people,
allowing yet another recovery and again another rise. It's like a cycle i would think, which always ends up leading to greater prices, or atleast it was until the last ATH.

More than 50% from the exchangers' volumes are fake so it's a market manipulation.

What arbitrage are you talking about if the bots are controlling the trades?

How is it possible on a decentralized market to have almost the same sell and buy price at all the exchangers? :)

You should questioning yourself regarding to many things that are happening in this BTC market.

well from china gets smelly every time but we trust other comunities of btc too tha stable and rise the price and volume

Whatever it is, I like it. Action in the Bitcoin price doesn't hurt and gives people great trading opportunities. The difference between China and other exchanges is quite big as other exchanges refuse to follow.

You are never clear enough with the Chinese. Just a fact that they are born gamblers and love speculating tells us everything. So this might as well be it.

But also, maybe the Chinese have seen some documentary on Bitcoin few days ago and maybe 100,000 people got really interested and decided to give it a try. 100,000 is nothing when we compare it to the total population.

Who knows? I am just happy to see Bitcoin again in the green. This technology definitely deserves this.

stability is necessary i agree, but looks at the thing from this perspective

if there was no the 1200 ath manipulation, the price would still need to be moved from the old value, which was 90, instead tnx to that manipulation we achieved a better price(230), which is rock solid

so...if for every new manipulation we can have a better stable price, it would end up fine anyway, do you agree?

can everyone who wants to make a new topic everytime the price changes by 10%.. please please please.. do it in speculation!

otherwise we will end up with hundreds of posts.

unless your supplying information, then fine post it. but if your just wondering/asking why the price is changing but not knowing for sure.. please put it in speculation.

agreed, at this point i really dont care why or how the price is increasing,it just feels good to see bitcoin increasing in price. fingers crossed lets hope it doesnt crash

The volume has something to do with China, though we know it is exaggerated, still it is huge enough to be a fuel of this price increase. Great times if they can sustain such buying pressure, and I guess they can. Profit time for those who entered at 200. ::)

when prices comes down again people will make  :'( threads and bitcoin is doomed threads  ;D

And then people will buy their coins and the cycle repeats. Pump and dump lol ;D

We need an upwards movement.China is a great way to start this.

Well let's see how things will work out the next hours and tomorrow.Right now in this moment the price has lowered a bit down to $266.People are taking quick profits and being around $260 range isn't that bad before we continue rising again.

sad but true....well...sad for some people at least. remember when bitcoin dropped to 180 USD this year? i do  ;)

china is indeed leading but it was expected. the only thing that worries me is that there is a huge difference in price at huobi.

Yes, it's China. Again. Their Central Communist Government has put in a strict capital control due to the problems in their economy. So, Chinese are increasingly turning to alternative means to bypass the rules to send money outside China. I never thought China would come back to force the price increase again but it's happening right before our eyes. As long as Chinese Central Communist Party's in charge, this situation will only get worse. Until they totally ban btc.

Well if their Communist party does all this than this is a true dictatorship. I am sure if they have their capital controls all set and enforced and Bitcoin banned that the Bitcoin black-market will start blossoming.

I mean if this would really happen, Bitcoin would still be their best shot on getting the money out of the country. I don't see another easier way for the Chinese!

"Well if their Communist party does all this than this is a true dictatorship."

What did you think the Chinese Communist Party was? A democracy? It's run by a group of old men; there's a guy in charge (Xi Jinping) but he's selected by a central committee. There is no other political party in China.

PRC, 0r People's Republic of China. In reality, China is NOT a republic and it's certainly not "By the people, of the people, for the people," no matter how loudly they proclaim to be People's Republic.

Can't agree your opinion, the volume and price of btc can not afford the money that Chinese rich men want to transfer outside, maybe MMM ponzi is the key