If China is out, Bitcoin dies - Look at this!

[bitcoinlitcoinbtcltc]

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 !

[humanitee]

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.

[cdooer]

bitcoinlitcoinbtcltc - Not sure what you're saying, since your on my ignore list, but I bet it's something stupid.

[Wyld]

I registered almost entirely to ignore him. Thanks for growing the community bitcoinlitcoinbtcltc!

[pungopete468]

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.

[pungopete468]

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.

[Holliday]

I registered almost entirely to ignore him. Thanks for growing the community bitcoinlitcoinbtcltc!

LOL!

[bitcoinlitcoinbtcltc]

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.

[akujin]

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

[FierceRadish]

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.

[pungopete468]

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.

[TrollboxChamp]

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.

[tsoPANos]

No bitcoin won't die.
The price will drop, which means, cheap BTC!!!!

[humanitee]

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. 

[pontiacg5]

https://bitcointalk.org/index.php?topic=441056.0;topicseen

[piramida]

I registered almost entirely to ignore him. Thanks for growing the community bitcoinlitcoinbtcltc!

wise choice.