Bitcoin Forum

ya im a bear.... hahaha this fucker is going to the moon!!!! 280 in two weeks. let the hatters hate let the holds make it rain hahaha

bears hit downwards
bulls hit upwards

and both shit downwards

The price will be $300 already when China begins to buy.
p.s. Chinese have been buying btcs for years, and I am one of them

Im still not convinced and I usually lean bullish. That super wall was all manipulation to push the price up so that Wallmaker could sellin the 120s. It was pulled immediately after the sells were bought. The Wallmaker might even help drop it down now so he can ensure he buys lower.

Otherwise I believe we probably will go vastly higher. Just not so sure it will happen just yet.

I'm usually a turbo-bull myself, but obvious pump and dump is obvious.

Good luck.

I'm very curious to see where the price will fall tomorrow.

Me too. I'm trying to figure out whether I place my bids near $91 or $81...

lol

$71?

LOLz??  :P

the lows get higher each time. no way is this an indication of the future but it's been the pattern so far

The price won't fall till at least tuesday. Perhaps wednesday. There is going to be low volume again tomorrow because the banks are still closed in japan. This is the longest banking holiday of the year for japan so it's a time when there is no new money at all.

put bid orders at 90, 100 and 110. 90 being the lowest i expect to see for a LONG time. 100 if lucky.

im so excited about this. please let me know more. what is the reaction amongst your friends. do you think china will realy buy in on this?

let us in on whats up over there. im in utah and in a bubble all my own ( some diversity in the liberal parts but you go 25 milles out any direction from the main city and its nothing but white republicans) (not that there is anything wrong with that dont take offense)

I know.... i guess i should change my pic cuz nobody gets it. its a bear starving and having to eat its own kind. supposed to be ironic or at least sorrta poking fun of the bears on her. im a bull almost all the time.

well i wish you the best... i just pulled all my buy orders for 90 85 81 80 75 70 68 and 60. i saw the trend and how it was going that direction. but i have this knee that tells me when a storm is comming and i have an ear that twitches when BTC is going to go up up up. ya my ear twitched. so i eather was smart and bout all in or fell in a bull trap. guess we will see in the next week or three.


oh ya i didnt finish my story so i pulled my low ball buys and got all in at 110 and 112. looks good so far as it is up past 120.



i think we will see the americans and other countries rally in front of the china thing so 140ish and then china hits it it will be past 200. ......... augh i cant wait to see. also i got 10 more coins on coinbase for 1,009.50  so about 100 a coin. k ill shit the f up now  8)

There have been increased talks on Bitcoin within this and last month well before the CCTV documentary. Some of my friends are already interested in investing some after they know that my pocket is tripled after investing in Bitcoin and after the increased news coverage. They are mostly attracted by the monetary gains more than the fundamental and potential of Bitcoins, but this is the mentality among most people here, they enter for the money but when they do so, they are 100% serious about it.

I think over a period of time, those investors will understand more and more about the fundamental and potential of Bitcoin.

The people in Asia seem naturally ready for Bitcoins because they tend to be more humble; they're studious, have good fundamental understanding in mathematics and hard sciences, very comfortable with the technical aspects of computers and technology, and are willing to try out new things, rather than flat out dismiss them. If this was not the case, you wouldn't have a half hour documentary on Bitcoins (nothing in the Western mainstream media went that in depth in Bitcoins, with that much length)

On that note, just on the basis of pure numbers makes it more likely than not that the next big adoption of Bitcoins will be in China. You have a 30 minute long neutral-to-positive documentary aired to an audience larger than probably the entire population of the US. That's a long period of exposure to a huge number of audience. The content itself covered a lot of areas in the Bitcoin realm, touching on the financial aspect, the mining aspect, the youth culture aspect of BTC's... it's more than just some 2 minute blurb about an ATM (ala Berwick on Fox) or some scandalous hit piece (Silk Road, Gox hacks, etc).

very well spoken my friend.  You have made the top post of the day IMO. very well done sir


ok two more cents on the matter.  I feel that china knows that this bitcoin thing will gain traction and be worth quite a bit of money eventualy. if they want to be the richest country (they may be, or damn close) then if you broadcast and let your country men in on this, and in a few years it does hit that xx,xxx.00 amount then a lot of your citizens will be wealthy partly due to your own country men but MOSTLY due to every other person from every other country. you get your people some what wealthy and you dont even have to have a GDP to go along with it. its a win win for them.

does this make sense? is it ridiculous? is there a method to there madness, as the expression goes?

Your theory might be true. The central government doesn't really care if BTC rises and, as a result, people start favoring decentralized currencies over government backed fiat; the government already knows that there is already a large portion of their population wise to the problems of central banking. So the philosophy behind Bitcoins is not really a pressing issue for the Chinese government; the people will eventually know about BTC's anyhow.

With that premise out of the way, why wouldn't the Chinese gov. give the go-ahead for the average joe with a bunch of pocket change to play with some BTC's? At the very least, it might mean that a huge portion of BTC users in the future will be from China and neighboring countries (SE Asia, Russia, even Australia/NZ). This would tip things in favor of the East and threaten traditional Western paradigm.

And if things were to go down that path, Western powers might fire in kind by being friendly to BTC's, ensuring that Asia doesn't have a monopoly on virtual currencies. In the end, the people that are holding BTC's today might stand to benefit from all these shifts in power in the coming virtual currency wars.

 Up up up up  ;D

China wont buy , they will just mine the shit out of it, and they will massively dump it for very small profit, do not forget that a major part of Chinese people gets only 150-200 $ salary pay for the hole month full time job . so 1 BTC is allot considering that, they will be just happy if they can mine it and profit only 10-20 $ a month of one BTC.


   

Electricity price in China is 7.5-10.7 UScents/kWh

I don't think so. It's very difficult to get into mining today, GPU's are on their last legs, ASIC's are hard to find, and if ASIC's ever becomes readily available, profits from using them will be minimal as the difficulty adjust rapidly.

Like you said, the salary per month for the average Chinese is quite low. If they don't have money to throw away, how are they going to buy the mining gear?

Those who have money to spare (not necessarily tech savvy people) will just buy up some BTC's and play around with them instead of dealing with mining at all. You might have some large hands putting down a lot of money to buy some mining power but relatively few people be in the mining game nonetheless.

Go China! Make my coins go up  8)

Let's hope this is as big of deal as people are making it out to be (Even though I'm skeptical).

yes I do agree with you at some point, but do not forget that everything you are using now is made in china , if I pay 30 € for my keyboard that I am using it to reply to you, this doesn't mean it is worth that money, in china you can make it for 2 €, it will be funny if I say may be even less than 2 €.

you average HP or Apple or Dell device did cost the same as today 10 years ago when it was made in Europe or USA,   the point that China is developing so fast they are making kick ass products, they even started replicating any product in market and sell it for 1/4 of the price.

Avalon was made there when BFL the US company was struggling to have a working design. the point is that I do expect a larger choice of ASICs with different quality and prices .


yes it will be always hard for a Chinese to buy an ASIC, but somehow I have the feeling that instead of buying some BTCs and hold to them. they will just start developing something that will pay even better in long term .

I would be more convinced if reptilia started posting in Mandarin and quoting prices in Yuan  :P
Personally I think we have gotten way ahead of ourselves on this one ... time will telll
Certainly not bad news though

Develop their own virtual currency? I agree that is likely, but whatever currency the Chinese come up with may only be popular within China, missing that extra bit of global spice that Bitcoin brings.

The sentiment today in China seems to be that Chinese people want to reach out and experience new cultures. They are curious about the world outside of China. If Bitcoin really continues to take off internationally, what better way to potentially experience culture than to use a currency that has no borders?

Watch out, there is a good one coming..blink blink ;) >>> https://bitcointalk.org/index.php?topic=149892.0

NOT MUCH BUT I DID DONATE A FEW. I HOPE THIS WORKS AND MAY THE ODDS BE EVER IN YOUR FAVOR.  :D

Personally I'm a bull but I think this whole China situation is being blown far out of proportion at this point.

The $40 increase is simply due to speculation that china will buy and if they are not lining up to buy BTC it will not be ideal.

That being said, here's hoping they do!

I think the hatters should stick with making hats and the haters should stick with hating. :P

thx, we'll keep up the effort and will publish more material soon!

bwahahaha the miss spelling cop strikes again.

thanks that actually quite funny hahaha

ya but thats whats in the title of the post. it has gone up due to people thinking that the china thing will make it rise so they are getting in while its cheep. its in the title!!!

but I do agree with you. maybe a bit blown out of proportion BUT in a few months we should see if it had some affect. but come on any broadcast in any developed country WILL have some sort of affect on bitcoin, weather good or bad, up or down, understanding of and implementation of "THE BITCOIN"


hatters gunna hat and haters gunna drive like a fuck and flip everyone off and roll his cock rocket on the freeway and be in ICU and hate that he has to wear a hat made of bandages.... stay with me now! thats funny and bringing it back..... see what i did there. haha


"i dont like jokes about people getting hurt"

"whats a cock rocket?"

re mining.


ASICMINER is based in China? ... they are doing pretty fuckin well at the moment in the BTC world. I have just invested in dividend paying shares with them.


https://bitcointalk.org/index.php?topic=99497.0;topicseen

https://btct.co/security/ASICMINER-PT

https://bitcointalk.org/index.php?topic=99497.msg2075909#msg2075909

https://docs.google.com/spreadsheet/ccc?key=0AkPdXsQFT-vIdHRVUjQ5Ql9BQWR6OENLMkhyUktUblE#gid=14


a demonstration of Chinese tech at work... and they are only going to expand. But this is not new, just so you realise this...

interesting, im going to look moreinto this.