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Bitcoin Forum > Economy > Economics > Speculation > If bitcoin bubbles again, Chinese exchanges will have problems
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lissandra
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June 16, 2015, 01:48:05 AM
 #41
Quote from: LFC_Bitcoin on June 12, 2015, 03:51:08 PM
Quote from: Elwar on June 12, 2015, 02:25:50 PM
A slow gradual climb is more healthy anyway.

Yeah it'd be nice if we took the first step on the ladder any day now, even 300 seems like so far away.
Something has to change soon, I bet there are some bull whales getting itchy trigger fingers at the moment, the current price range is doing nothing for anybody.

300 seems more pratical now, since the 200 price zone has been climbing to be mid 200ish.

And its been holding for entire month now, so it looks solid in my view.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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June 16, 2015, 07:15:17 PM
 #42
well how many years bitcoin exchanges chinese presents? they should have some money to handle big bubbles ..
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