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Title: Bitcoin selling at $1100 per unit in BTCChina Post by: JohnnyPierce on November 19, 2013, 12:57:38 AM Bitcoin broke the $1000 barrier, it is now selling at $1100 per bitcoin in btcchina.
Will it continue to rise exponentially, will bitcoin reach $100k per bitcoin or higher? Title: Re: Bitcoin selling at $1100 per unit in BTCChina Post by: PenAndPaper on November 19, 2013, 01:04:24 AM What's happening in china is absolutely insane.
Title: Re: Bitcoin selling at $1100 per unit in BTCChina Post by: Agamemnon on November 19, 2013, 01:05:18 AM Since money is scarce, it is impossible for the price to rise exponentially. I believe even the $1100 price is way above our realistic expectations. At least now we know what drives this growth... the rise of demand from China.
Title: Re: Bitcoin selling at $1100 per unit in BTCChina Post by: JohnnyPierce on November 19, 2013, 01:09:00 AM At least now we know what drives this growth... the rise of demand. Fixed, being from China or elsewhere is irrelevant, high demand will always raise the price. Title: Re: Bitcoin selling at $1100 per unit in BTCChina Post by: Agamemnon on November 19, 2013, 01:54:23 AM At least now we know what drives this growth... the rise of demand. Fixed, being from China or elsewhere is irrelevant, high demand will always raise the price. It is relevant. Every information is important. Title: Re: Bitcoin selling at $1100 per unit in BTCChina Post by: reannypleas on November 19, 2013, 02:11:42 AM Since money is scarce, it is impossible for the price to rise exponentially. I believe even the $1100 price is way above our realistic expectations. At least now we know what drives this growth... the rise of demand from China. I wouldnt say money is scarce, quite the oposite. But I agree, I didnt believe we can see $1000 this year Title: Re: Bitcoin selling at $1100 per unit in BTCChina Post by: PenAndPaper on November 19, 2013, 02:16:37 AM Seems like a habit for bitcoin to prove everyone wrong. :-*
Title: Re: Bitcoin selling at $1100 per unit in BTCChina Post by: kabb on November 19, 2013, 02:18:04 AM That's pretty insane. Why is the price in China so much higher than the price everywhere else, though?
Title: Re: Bitcoin selling at $1100 per unit in BTCChina Post by: zubelutte on November 19, 2013, 02:38:27 AM That's pretty insane. Why is the price in China so much higher than the price everywhere else, though? Maybe Chinese know not to sell lower than they bought in ? Title: Re: Bitcoin selling at $1100 per unit in BTCChina Post by: Azure1203 on November 19, 2013, 02:56:04 AM There was a map on Business Insider the other day that showed BTC transactions. China leads the pack by a long shot.
Title: Re: Bitcoin selling at $1100 per unit in BTCChina Post by: greatdn on November 19, 2013, 03:57:00 AM Bitcoins are selling where i live for $1313 canadian. Got my local bitcoin quote from:
bitcoinprices.info Title: Re: Bitcoin selling at $1100 per unit in BTCChina Post by: wwz2193 on November 19, 2013, 04:41:44 AM now ppl that save a lot of bitcoins in their wallets are superrichers omfg i wish i have 100k bitcoins
Title: Re: Bitcoin selling at $1100 per unit in BTCChina Post by: wwz2193 on November 19, 2013, 05:12:43 AM How i blame myself for not buying some bitcoins in the past if i buy them in past i will be rich now lol, i guess im not the only one with this feeling .
Title: Re: Bitcoin selling at $1100 per unit in BTCChina Post by: mvidetto on November 19, 2013, 05:34:52 AM The real question is this the end of the bubble?
Title: Re: Bitcoin selling at $1100 per unit in BTCChina Post by: snerrad on November 19, 2013, 05:37:54 AM :(
Should have held on to my BTC. Sold some last week for only $400 Title: Re: Bitcoin selling at $1100 per unit in BTCChina Post by: bitcoindigi on November 19, 2013, 05:48:26 AM How i blame myself for not buying some bitcoins in the past if i buy them in past i will be rich now lol, i guess im not the only one with this feeling . yeah, you're not the only one :) Title: Re: Bitcoin selling at $1100 per unit in BTCChina Post by: BitcoinBrands on November 19, 2013, 06:15:56 AM Amazing that China takes the lead.
I would have thought it would be the US or Europe, but there it is. Title: Re: Bitcoin selling at $1100 per unit in BTCChina Post by: newrui on November 19, 2013, 06:58:56 AM With the newly introduced real estate taxes and uncertain stock markets, there aren't many places for Chinese to invest nowadays. Many other financial instruments' growth at one point were fueled by the Chinese too, such as gold.
Title: Re: Bitcoin selling at $1100 per unit in BTCChina Post by: Jack_W on November 19, 2013, 07:27:23 AM Bought at 134, sold at 326 thinking it would crash :/
Guess i should be happy i more than doubled my money but it's hard to be happy when i could have had a 600% increase instead. Heres hoping the crash comes soon so i can buy back in... Title: Re: Bitcoin selling at $1100 per unit in BTCChina Post by: wwz2193 on November 19, 2013, 08:32:37 AM i hope too, want to buy some.
Title: Re: Bitcoin selling at $1100 per unit in BTCChina Post by: lindeanin on November 19, 2013, 10:48:01 AM Bought at 134, sold at 326 thinking it would crash :/ Guess i should be happy i more than doubled my money but it's hard to be happy when i could have had a 600% increase instead. Heres hoping the crash comes soon so i can buy back in... You dont need to worry, hardly anyone sells at top price. Under 300 might happen, we will see what next days brings |