|
Title: China buying up Bitcoins! Post by: DustyRah on March 30, 2014, 05:29:24 PM Can someone please explain WTF is going on here: http://fiatleak.com/
I really really hope Bitcoin gets banned completely in China. Otherwise, sooner or later the Chinese will squirrel away all the Bitcoins and save them under their mattress. Title: Re: China buying up Bitcoins! Post by: CoinRocka on March 30, 2014, 05:35:21 PM If China does ban BTC...this is the last chance to move major monies out of the country legally (if only temporarily).
Title: Re: China buying up Bitcoins! Post by: derpinheimer on March 30, 2014, 05:40:28 PM That website is a lie. All it does is show volume, not buying. Not sure how anyone could believe that's what it actually showed in the first place
Title: Re: China buying up Bitcoins! Post by: Easy2Mine on March 30, 2014, 05:41:49 PM According to fiatleaks, Chinese never sleep.
Look at the time and ask yourself, use your brains. This site is so fake. Title: Re: China buying up Bitcoins! Post by: DustyRah on March 30, 2014, 05:45:03 PM So those Chinese could pretty much be selling each other...ooops I mean those Chinese could be selling Bitcoins to each other and not buying up Bitcoins from the rest of the world...
Title: Re: China buying up Bitcoins! Post by: Zule on March 30, 2014, 05:48:18 PM Didnt see that one coming huh?
Title: Re: China buying up Bitcoins! Post by: roslinpl on March 30, 2014, 06:06:14 PM Can someone please explain WTF is going on here: http://fiatleak.com/ I really really hope Bitcoin gets banned completely in China. Otherwise, sooner or later the Chinese will squirrel away all the Bitcoins and save them under their mattress. Hehe :) Who knows... but banning bitcoin anywhere is not good idea! It should be possible to use for ANYONE on planet earth! Title: Re: China buying up Bitcoins! Post by: DhaniBoy on March 30, 2014, 06:16:47 PM i don't think this site give a realtime condition like that
even i wait for 1 minute, no russia buyer there ;D nice animation btw Title: Re: China buying up Bitcoins! Post by: DustyRah on March 30, 2014, 08:39:24 PM i don't think this site give a realtime condition like that even i wait for 1 minute, no russia buyer there ;D nice animation btw You know Russians are not counted...they never were and they never will. Title: Re: China buying up Bitcoins! Post by: smoothie on March 30, 2014, 09:28:17 PM Bitcoin > China...
Who cares if they buy or sell or ban BTC. Title: Re: China buying up Bitcoins! Post by: hailtopitt on March 30, 2014, 09:30:05 PM Bitcoin > China... Who cares if they buy or sell or ban BTC. It seems it's the majority of people. I see lots of China talk around these parts! Title: Re: China buying up Bitcoins! Post by: segeln on March 30, 2014, 10:10:52 PM http://www.cryptocoinsnews.com/2014/03/30/btc-e-opens-chinese-markets-chinese-traders-chnusd-chnbtc-chnltc/
Title: Re: China buying up Bitcoins! Post by: roslinpl on March 30, 2014, 11:13:12 PM http://www.cryptocoinsnews.com/2014/03/30/btc-e-opens-chinese-markets-chinese-traders-chnusd-chnbtc-chnltc/ Yes yes. I read about this. Isn't great news? Seems like bitcoin for china will never die :-) Title: Re: China buying up Bitcoins! Post by: cosmofly on March 30, 2014, 11:36:42 PM Bitcoin > China... Who cares if they buy or sell or ban BTC. They move the market volume Title: Re: China buying up Bitcoins! Post by: aminorex on March 31, 2014, 07:43:44 AM Bitcoin > China... Who cares if they buy or sell or ban BTC. They move the market volume You mean they fake the volume. Even the real volume is low information because its mostly dumb bots exploiting zero fees for volatility martingales. Title: Re: China buying up Bitcoins! Post by: Zule on March 31, 2014, 08:21:44 AM Bitcoin > China... Who cares if they buy or sell or ban BTC. They move the market volume You mean they fake the volume. Even the real volume is low information because its mostly dumb bots exploiting zero fees for volatility martingales. Title: Re: China buying up Bitcoins! Post by: MatTheCat on March 31, 2014, 10:07:15 AM You mean they fake the volume. Even the real volume is low information because its mostly dumb bots exploiting zero fees for volatility martingales. It's not fake when a big pile of Chinese acquired Bitcoins arrive on Bitstamp for a bit of arbitrage action, is it? Title: Re: China buying up Bitcoins! Post by: durrrr on March 31, 2014, 10:21:37 PM why is china such a high priority with bitcoin. and why is there so much hype about them banning or not banning or legallizing or whatever. it shouldnt matter that much and really shouldnt the media be a plus?
Title: Re: China buying up Bitcoins! Post by: Don007 on March 31, 2014, 10:30:26 PM China often causes theses 'crashes', by buying more BTC then may 'fix' it.
Come on China, repair what you crashed ^^. (And not only China..). Title: Re: China buying up Bitcoins! Post by: roslinpl on March 31, 2014, 10:51:18 PM why is china such a high priority with bitcoin. and why is there so much hype about them banning or not banning or legallizing or whatever. it shouldnt matter that much and really shouldnt the media be a plus? they want all coins for them :D They see a huge potential in Bitcoin :) and we should learn from them! I know IRS and other shits are attacking Bitcoin world, but we cannot just give it up :) Bitcoin is in our hands! Title: Re: China buying up Bitcoins! Post by: porcupine87 on March 31, 2014, 11:33:21 PM Whether faked or not. Zero fee trading leads to a higher volume in trading. If I quick sell buy my 1btc a couple of times this always cost me a dollar. Gox took 1% until at least (but people still used it and it had a high volume. Doesn't make any sense. I call it mammut-effect).
I am watching it now for 10min. USD 20btc CNY 210btc the rest nothing. alone on Bitstamp you have a higher buy volume. I don't really get how the come to this numbers... |