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Title: If China is out, Bitcoin dies - Look at this! Post by: bitcoinlitcoinbtcltc on January 30, 2014, 06:22:12 PM http://oi59.tinypic.com/2mqw7wz.jpg
In the past +/- 19 minutes: USA: +/- 108 BTC Europe: +/- 5 BTC Canada & Russia: +/- 2 BTC Total: 115 BTC China: 7815 BTC 7700 BTC more than the rest of the world combined! CHINA DUMPING HAS BEGUN! Everyone thinking the ''crash'' has already been ''priced in'' is a fool. Chinese volume = immense. They own at least 70% of all bitcoins. They are cashing out ! Title: Re: If China is out, Bitcoin dies - Look at this! Post by: humanitee on January 30, 2014, 06:23:08 PM http://fiatleak.com/ (http://fiatleak.com/) China is eating up ALL OF THE BTC. Where are the bears now? Hibernating?!? Don't miss the train. Were officially leaving the station Q1 2014!!! Watched them buy 1000 btc in 5 minutes? lol... meanwhile USA buys 5 BTC. wooooo Oh good, someone watching fiat leak as if it really means something. Title: Re: If China is out, Bitcoin dies - Look at this! Post by: cdooer on January 30, 2014, 06:24:12 PM bitcoinlitcoinbtcltc - Not sure what you're saying, since your on my ignore list, but I bet it's something stupid. :o
Title: Re: If China is out, Bitcoin dies - Look at this! Post by: Wyld on January 30, 2014, 06:31:43 PM I registered almost entirely to ignore him. Thanks for growing the community bitcoinlitcoinbtcltc!
Title: Re: If China is out, Bitcoin dies - Look at this! Post by: pungopete468 on January 30, 2014, 06:31:47 PM One thing I've noticed when Huboi sells off; LTC is the first to take the hit and then BTC follows.
Until LTC falls I wouldn't short any BTC. Title: Re: If China is out, Bitcoin dies - Look at this! Post by: pungopete468 on January 30, 2014, 06:42:13 PM One more point...
Why would China just sell out? You can trade BTC for just about any other foreign currency in existence in a world-wide marketplace... Just because you can't trade directly for CNY doesn't mean you can't trade for USD or EURO and then exchange for CNY. If I were a Chinese BTC owner I would wait for the price to spike again and then slowly pull out what I need to live. There's no reason to sell out right now when the price is $300 less than the peak when so many of them bought. They aren't stupid and they know they can always get their money out even if it takes a few extra steps. Title: Re: If China is out, Bitcoin dies - Look at this! Post by: Holliday on January 30, 2014, 06:43:20 PM I registered almost entirely to ignore him. Thanks for growing the community bitcoinlitcoinbtcltc! LOL! Title: Re: If China is out, Bitcoin dies - Look at this! Post by: bitcoinlitcoinbtcltc on January 30, 2014, 06:44:01 PM One more point... Why would China just sell out? You can trade BTC for just about any other foreign currency in existence in a world-wide marketplace... Just because you can't trade directly for CNY doesn't mean you can't trade for USD or EURO and then exchange for CNY. If I were a Chinese BTC owner I would wait for the price to spike again and then slowly pull out what I need to live. There's no reason to sell out right now when the price is $300 less than the peak when so many of them bought. They aren't stupid and they know they can always get their money out even if it takes a few extra steps. No, they can't. What if they manage to trade 5,000,000 USD for CNY? How are they going to get that money back into China? You think the Chinese government won't be suspicious? They are already suspicious when it's about $5,000 - which is a year salary. They will easily find out that it is bitcoin money & they will take it away/sentence you. Title: Re: If China is out, Bitcoin dies - Look at this! Post by: akujin on January 30, 2014, 06:51:46 PM They don't need to bring it back to china... Who would want to go back in that polluted country if you have a lot of money... LOL
Title: Re: If China is out, Bitcoin dies - Look at this! Post by: FierceRadish on January 30, 2014, 06:58:03 PM You may remember the OP from such beloved Christmas classics as "Bitcoin Hodlers take shits and throw stones at their poop when they are bored" and "Bitcoin is in the same positions as the Nazi's were in 1945".
Come relive the magic in his next heartwarming adventure: "Bitcoin up your ass crash your life 100% death cab, stupid shitweasel". In all good bitcoin speculation subforums, February. Title: Re: If China is out, Bitcoin dies - Look at this! Post by: pungopete468 on January 30, 2014, 06:58:33 PM One more point... Why would China just sell out? You can trade BTC for just about any other foreign currency in existence in a world-wide marketplace... Just because you can't trade directly for CNY doesn't mean you can't trade for USD or EURO and then exchange for CNY. If I were a Chinese BTC owner I would wait for the price to spike again and then slowly pull out what I need to live. There's no reason to sell out right now when the price is $300 less than the peak when so many of them bought. They aren't stupid and they know they can always get their money out even if it takes a few extra steps. No, they can't. What if they manage to trade 5,000,000 USD for CNY? How are they going to get that money back into China? You think the Chinese government won't be suspicious? They are already suspicious when it's about $5,000 - which is a year salary. They will easily find out that it is bitcoin money & they will take it away/sentence you. For as long as BTC is accepted by people in other countries they will have the opportunity to spend it. Title: Re: If China is out, Bitcoin dies - Look at this! Post by: TrollboxChamp on January 30, 2014, 07:23:07 PM http://fiatleak.com/ (http://fiatleak.com/) China is eating up ALL OF THE BTC. Where are the bears now? Hibernating?!? Don't miss the train. Were officially leaving the station Q1 2014!!! Watched them buy 1000 btc in 5 minutes? lol... meanwhile USA buys 5 BTC. wooooo Oh good, someone watching fiat leak as if it really means something. LOOK AT ALL THOSE SELLS! You're pretty fucking dumb for how many posts you have. No wonder this forum is full of shit. Gotta spend hours finding anything worthwhile. Title: Re: If China is out, Bitcoin dies - Look at this! Post by: tsoPANos on January 30, 2014, 08:50:46 PM No bitcoin won't die.
The price will drop, which means, cheap BTC!!!! Title: Re: If China is out, Bitcoin dies - Look at this! Post by: humanitee on January 30, 2014, 08:53:10 PM http://fiatleak.com/ (http://fiatleak.com/) China is eating up ALL OF THE BTC. Where are the bears now? Hibernating?!? Don't miss the train. Were officially leaving the station Q1 2014!!! Watched them buy 1000 btc in 5 minutes? lol... meanwhile USA buys 5 BTC. wooooo Oh good, someone watching fiat leak as if it really means something. LOOK AT ALL THOSE SELLS! You're pretty fucking dumb for how many posts you have. No wonder this forum is full of shit. Gotta spend hours finding anything worthwhile. Didn't claim to be smart, just smarter than you. ;) Title: Re: If China is out, Bitcoin dies - Look at this! Post by: pontiacg5 on January 30, 2014, 08:56:56 PM https://bitcointalk.org/index.php?topic=441056.0;topicseen
Title: Re: If China is out, Bitcoin dies - Look at this! Post by: piramida on January 30, 2014, 09:23:49 PM I registered almost entirely to ignore him. Thanks for growing the community bitcoinlitcoinbtcltc! wise choice. |
