Bitcoin Forum

Other => Beginners & Help => Topic started by: CoinGroin on December 19, 2013, 10:38:10 AM



Title: What would the bitcoin graph look like without China?
Post by: CoinGroin on December 19, 2013, 10:38:10 AM
Serious question.


Title: Re: What would the bitcoin graph look like without China?
Post by: devthedev on December 19, 2013, 01:40:06 PM
Well, you can now see what it'll look like :)

Pre-China we were averaging $200/BTC


Title: Re: What would the bitcoin graph look like without China?
Post by: Sindelar1938 on December 19, 2013, 01:59:22 PM
Probably around 250 bucks


Title: Re: What would the bitcoin graph look like without China?
Post by: zubelutte on December 19, 2013, 02:02:22 PM
Any time high would be around 500. The US senate hearing helped Bitcoin adoption as well


Title: Re: What would the bitcoin graph look like without China?
Post by: CoinGroin on December 19, 2013, 09:24:14 PM
I agree with this.  It just would have been interesting to see the rise and fall due to U.S. moves instead of it getting mixed up in Chinese speculation.


Title: Re: What would the bitcoin graph look like without China?
Post by: ercolinux on December 19, 2013, 09:28:38 PM
Probably we have reached a  600-650$ maximum: China has only helped to speedup the normal trend


Title: Re: What would the bitcoin graph look like without China?
Post by: ropegut on December 19, 2013, 09:33:45 PM
well i heard in china theres guys sitting outside a chinese bank with bags of money selling money below the exchange rate of the banks.


Title: Re: What would the bitcoin graph look like without China?
Post by: buckrogers on December 19, 2013, 09:34:39 PM
why would that matter?


Title: Re: What would the bitcoin graph look like without China?
Post by: neuroMode on December 19, 2013, 09:54:27 PM
It really depends if you look at it like they never entered the market in the first place versus just suddenly plucking out all China exchanges in a single moment while the impact of the publicity still remained.

I think China publicity helped the price increase which even if it was a bubble still attracted a lot of new entrepreneurs and general public awareness, which in turn helps the long-term and short-term growth.


Title: Re: What would the bitcoin graph look like without China?
Post by: smeagol on December 19, 2013, 10:40:38 PM
It really depends if you look at it like they never entered the market in the first place versus just suddenly plucking out all China exchanges in a single moment while the impact of the publicity still remained.

I think China publicity helped the price increase which even if it was a bubble still attracted a lot of new entrepreneurs and general public awareness, which in turn helps the long-term and short-term growth.

China was a bubble...


Title: Re: What would the bitcoin graph look like without China?
Post by: CoinGroin on December 20, 2013, 05:05:17 AM
It really depends if you look at it like they never entered the market in the first place versus just suddenly plucking out all China exchanges in a single moment while the impact of the publicity still remained.

I think China publicity helped the price increase which even if it was a bubble still attracted a lot of new entrepreneurs and general public awareness, which in turn helps the long-term and short-term growth.

I agree that it helped the price increase, but the rise/sudden fall when the bad news came out of China gave serious ammunition to people who say that it can't be currency because of the insane fluctuation. 


Title: Re: What would the bitcoin graph look like without China?
Post by: Kaligulax on December 20, 2013, 06:57:43 AM
same.. but for long time
China has only helped to speedup growth!


Title: Re: What would the bitcoin graph look like without China?
Post by: wanchongshan on December 20, 2013, 07:18:53 AM
Now?