Bitcoin Forum

Economy => Speculation => Topic started by: TheJuice on April 03, 2013, 03:42:45 AM



Title: BTC hits 924 CNY ($150 USD) on BTCChina
Post by: TheJuice on April 03, 2013, 03:42:45 AM
Is there a quick way to transfer CNY to USD? In theory I could sell my BTC on BTCChina, transfer the CNY to USD then to gox. Probably not in the time BTC will go above 150 USD.


Title: Re: BTC hits 924 CNY ($150 USD) on BTCChina
Post by: BitPirate on April 03, 2013, 03:44:07 AM
The volumes aren't all that high right now though as far as I can see -- all relatively small trades running the price up a few dollars each way.

I have BTC on BTCChina -- I just thought about unloading a bunch of BTC there, but there is no depth. I'm looking in the order book... If I want to unload only 50 BTC, it would knock almost 10% off the price!

Nothing too much to get excited about here.


Title: Re: BTC hits 924 CNY ($150 USD) on BTCChina
Post by: dree12 on April 03, 2013, 03:45:22 AM
Is there a quick way to transfer CNY to USD? In theory I could sell my BTC on BTCChina, transfer the CNY to USD then to gox. Probably not in the time BTC will go above 150 USD.

There is no need to do that. Others will for you. All you have to do is wait for a correction to the market USD price and buy back your XBT.


Title: Re: BTC hits 924 CNY ($150 USD) on BTCChina
Post by: TheJuice on April 03, 2013, 03:46:11 AM
The volumes aren't all that high right now though as far as I can see -- all relatively small trades running the price up a few dollars each way.

I have BTC on BTCChina -- I just thought about unloading a bunch of BTC there, but there is no depth. I'm looking in the order book... If I want to unload only 50 BTC, it would knock almost 10% off the price!

Nothing too much to get excited about here.

Link to depth tables?


Title: Re: BTC hits 924 CNY ($150 USD) on BTCChina
Post by: BitPirate on April 03, 2013, 03:50:28 AM
https://btcchina.com/trade/depth


Title: Re: BTC hits 924 CNY ($150 USD) on BTCChina
Post by: zedicus on April 03, 2013, 04:08:03 AM
holy moly !! To the batmobile!!!  -------> china~~~~~


Wait google maps says i need a canoe! :(