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Author Topic: What sort of effect to expect on price w/ China news?  (Read 3078 times)
BTC Books
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May 05, 2013, 10:19:59 PM
 #41

Ockham's Razor.  It's much easier to believe somebody is trying to manipulate market sentiment with a download bot.  Really it is.

occam's razor implies a conspiracy theory? i don't think so.

I don't see a conspiracy.  I simply state that between two scenarios I find it more likely that market manipulation explains these 23k (now 32k) of downloads.  Market manipulation can't be simply defined as a conspiracy - it's a fact of life in any market.

If all those downloads are one guy with a possibly good (for his bitcoin trading position) idea, that's simple.  If it's 32k individual people - whose OS choice statistics, I note, are rather... ummm... skewed - that's quite complex.  Simplicity wins over complexity.

* shrug *  Give it awhile.  We'll be able to see clients popping up in China any day now, right?  If they do...

You have a very, very odd way of thinking. No offense.

None taken.

Dankedan: price seems low, time to sell I think...
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May 05, 2013, 10:25:55 PM
 #42

Where do you get the idea that the Chinese government 'embraces' bitcoin?

Is it because CCTV, a state owned media outlet, broadcast a special covering BTC? If that is the case, then I would say it is too early to determine what the government's stance is on BTC, but from every perspective I look at it, the government would be against it.

CCTV's censors might not fully understand BTC and allowed the special to air as the censors are probably told what type of material to censor and cryptocurrency is certainly a new enough topic that the people in charge of broadcast might not have known any better, on the flip side they might fully understand BTC and the government really might have given the go-ahead, but I really doubt this.
+1.

There's just no way a totalitarian government will like or endorse Bitcoin.

On the other hand, they understand the power of technology, nowadays they are much more tolerant toward non-political matters, fearing being cut off from the rest of the world.

It will be very interesting to see the role Bitcoin will play in this no-black-and-white-everything-is-gray society.
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May 05, 2013, 10:27:52 PM
 #43

That's only his impression, nothing more.
XXthetimeisnowXX
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May 06, 2013, 03:53:53 AM
 #44

ya millions of people learning about bitcoins.... ya that will have zero effect on the price .... not a damn thing will change!!!  Roll Eyes

It will, but not sooner than next month.

no i think a slow trickle than a major poor. no i dont think it willhappen overnight or over week but in two weeks we should see the outcome if any.
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May 06, 2013, 06:55:25 AM
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Don't the Chinese like Linux?

Perhaps the Linux users self identify as Windows so as to not stand out.  I would do the same if I knew my internet traffic was scrutinized as closely as theirs is.

really ? will you run windows version on linux ?

Those stats are based on the brower's user agent, not which OS the bitcoin executable is compiled for.  That looks like the stats for one specific file, not the whole project.  Since the Windows numbers are so high, I'd guess it's the exe, not the tar.gz.

Linux downloads are tough to get a count of since many people get it from their distro and many compile it themselves from git.

https://www.bitcoin.org/bitcoin.pdf
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