Bitcoin Forum

Economy => Speculation => Topic started by: GigaCoin on November 18, 2013, 11:06:02 PM



Title: Bitcoin is now $900 in China !
Post by: GigaCoin on November 18, 2013, 11:06:02 PM
BTC China hit $900 !! incredible, bubble or not seems like a lot of money is pouring into Bitcoin.

$1000 / BTC is almost here, High figures like $10,000/ btc getting more real as the price goes up.

Loving this.


Title: Re: Bitcoin is now $900 in China
Post by: Don007 on November 18, 2013, 11:08:43 PM
Unbelieveble! The coin is really skyrocketing! The 'high' on MrGox is currently about $780,-, which is also a lot.

I'm wondering when the correction will take place, as this can't go on like this..


Title: Re: Bitcoin is now $900 in China
Post by: Bitcopia on November 18, 2013, 11:10:37 PM
711 BTC to break 6,000 CNY

6090 CNY is $1000

$1000 is a large psychological barrier in the U.S. but I imagine in China, theirs was 5,000 CNY.

It doesn't seem to be slowing down... This could be real interesting!


Title: Re: Bitcoin is now $900 in China !
Post by: wopwop on November 18, 2013, 11:11:23 PM
https://i.imgur.com/5UTie2L.png


Title: Re: Bitcoin is now $900 in China
Post by: GigaCoin on November 18, 2013, 11:11:42 PM
Unbelieveble! The coin is really skyrocketing! The 'high' on MrGox is currently about $780,-, which is also a lot.

I'm wondering when the correction will take place, as this can't go on like this..

I'm fairly certain there will be a correction (eventually), but even if it happens i don't see it breaking $550 floor anymore , overtime it'll just keep going up past $1000 and into higher 1000's .


Title: Re: Bitcoin is now $900 in China !
Post by: bassclef on November 18, 2013, 11:11:53 PM
I think the positive hearing was unexpected, poured some fuel on this trend. Wheee!


Title: Re: Bitcoin is now $900 in China !
Post by: viriat0 on November 18, 2013, 11:12:37 PM
i Love China!


Title: Re: Bitcoin is now $900 in China !
Post by: Cluster2k on November 18, 2013, 11:13:18 PM
Epic bubble is epic.  This one is fun to watch.  It's a huge guessing game as to when it will pop.  All history suggests it's when and not if.


Title: Re: Bitcoin is now $900 in China !
Post by: Ivanhoe on November 18, 2013, 11:14:38 PM
http://www.youtube.com/watch?v=04QoA44c23A (http://www.youtube.com/watch?v=04QoA44c23A) ;D


Title: Re: Bitcoin is now $900 in China !
Post by: notthematrix on November 18, 2013, 11:15:56 PM
http://c-spanvideo.org/program/Currenci for who missed it...


Title: Re: Bitcoin is now $900 in China !
Post by: GigaCoin on November 18, 2013, 11:16:18 PM
http://www.youtube.com/watch?v=04QoA44c23A (http://www.youtube.com/watch?v=04QoA44c23A) ;D

 :D


Title: Re: Bitcoin is now $900 in China !
Post by: bitcon on November 18, 2013, 11:16:45 PM
this time its different....


Title: Re: Bitcoin is now $900 in China !
Post by: Missionary on November 18, 2013, 11:19:31 PM
China: Calm down! You are scaring us!


Title: Re: Bitcoin is now $900 in China !
Post by: windjc on November 18, 2013, 11:20:45 PM
Where do China's exchanges get their bitcoin from?

It seems like a simple question, but who are the sellers there?


Title: Re: Bitcoin is now $900 in China !
Post by: wopwop on November 18, 2013, 11:22:59 PM
Where do China's exchanges get their bitcoin from?

It seems like a simple question, but who are the sellers there?
who cares price is going up be happy


Title: Re: Bitcoin is now $900 in China !
Post by: crazy_rabbit on November 18, 2013, 11:42:31 PM
Where do China's exchanges get their bitcoin from?

It seems like a simple question, but who are the sellers there?

China has one of the largest miner bases. They re heavy in mining.


Title: Re: Bitcoin is now $900 in China
Post by: tescomatty on November 18, 2013, 11:46:13 PM
711 BTC to break 6,000 CNY

6090 CNY is $1000

$1000 is a large psychological barrier in the U.S. but I imagine in China, theirs was 5,000 CNY.

It doesn't seem to be slowing down... This could be real interesting!


The psychological barrier will be 10,000 CNY, I guess this week  :o


Title: Re: Bitcoin is now $900 in China !
Post by: phlogistonq on November 19, 2013, 12:10:23 AM
The Chinese don't seem to care about psychological barriers.
Also notice how the CNY rates are much less fiddly and twitchy. They just buy and hold, whereas the goxans stampians and btce-ers make a nervous mess of the charts by panicking.


Title: Re: Bitcoin is now $900 in China !
Post by: oOoOo on November 19, 2013, 12:12:57 AM
Are you going to be equally sad once bitcoin crashes as you are happy right now while it rises?


Title: Re: Bitcoin is now $900 in China !
Post by: Kouye on November 19, 2013, 12:23:41 AM
Epic bubble is epic.  This one is fun to watch.  It's a huge guessing game as to when it will pop.  All history suggests it's when and not if.
It's also one very easy to predict, actually.
Hint: BTC > 1000$in china, now.


Title: Re: Bitcoin is now $900 in China !
Post by: btcprice on November 19, 2013, 12:33:38 AM
Epic bubble is epic.  This one is fun to watch.  It's a huge guessing game as to when it will pop.  All history suggests it's when and not if.
It's also one very easy to predict, actually.
Hint: BTC > 1000$in china, now.

Mt. Gox can't be far behind.


Title: Re: Bitcoin is now $900 in China !
Post by: benjamindees on November 19, 2013, 12:35:08 AM
It's at 6000 CNY.  What are the odds it goes to 10000?


Title: Re: Bitcoin is now $900 in China !
Post by: dave111223 on November 19, 2013, 12:55:15 AM
6888CNY = $1130.67 USD

Holy Shit