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Author Topic: The long wait is almost over  (Read 1617 times)
manselr
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May 16, 2015, 05:33:27 PM
 #21

No please, I need fear and uncertainty period to last longer and benefit from it at this discount cheap BTC price. Keep the sheeple talking about how BTC will crash or how BTC will go up tomorrow for long please, I need more cheap coins.
stonerider
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May 16, 2015, 05:49:23 PM
 #22

There is not going to be another bubble without China. Ever since the Chinese communist government put a kibosh on their banks' ability to freely exchange bitcoin, the value of bitcoin has been declining precipitously. We've lost over 80% since December'2013. The Chinese bitcoiners have been dumping their bitcoins over the last year and half. Without China, there's no "To Da Moon" phase anymore. We will be bouncing between $200 to $300 for a LOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO time.
gentlemand
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May 16, 2015, 05:59:02 PM
 #23

There is not going to be another bubble without China.

From an interview with Leon Li of Huobi, at one point the biggest exchange of all. Dunno about today.

"As to the question “How many users trade on an average day?” It involves our website operating data and I cannot give the exact number to you. It is over ten thousand. And this number, compared to the vast population of China, is still very small. Therefore there should be more space to grow."

http://www.financemagnates.com/forex/analysis/exclusive-interview-ceo-of-largest-bitcoin-exchange-in-the-world-huobi-responds-to-mt-gox-situation/

Let's look at that figure again -

10,000

people were using the WORLD'S BIGGEST Bitcoin exchange every day.

Can you see room for upside still? If I try really, really hard I think I just about can.
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