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Author Topic: chinese say next target 4000CNY ? / $600  (Read 3968 times)
Mickeyb
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November 03, 2015, 03:06:13 PM
 #41

http://www.zerohedge.com/news/2015-11-02/reason-bitcoins-recent-surge-revealed

This is a good read regarding why we are having this chinese train to the atmosphere.

Quote
Which again brings us back to our conclusion from two months ago:

... if a few hundred million Chinese decide that the time has come to use bitcoin as the capital controls bypassing currency of choice, and decide to invest even a tiny fraction of the $22 trillion in Chinese deposits in bitcoin (whose total market cap at last check was just over $3 billion), sit back and watch as we witness the second coming of the bitcoin bubble, one which could make the previous all time highs in the digital currency, seems like a low print.


So I guess this is a reason then. Yes, this was one of the good news and the biggest contender by far for this huge run.

I guess that Bitcoin will strive the most on the failures and bad luck of other governments and their financial systems. This is why Satoshi has designed it and released it. To help people all over the world get rid of governmental clamps and to show governments that there are other ways, not just their way.
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November 03, 2015, 04:14:43 PM
 #42

The price rise is quite mad at present. I begin to doubt the sustainability of this dramatic rise. What is behind this rise?

gemini, eu vat free, chinese unofficially limit the restriciton about bitcoin, some random manipulation + noobs get sucked in + panic buy

the same story for every pump, random good news + panic buy
hold on. None of the news you mention is something to rely on or to start the spark. Some usual suspects that are repeated every time the train starts to roll on.

Gemini - no updates on the details of the launch date, nor operation. still a 'project that will be launched soon'. Since more than a year.
eu vat free - for now nothing changed in Germany or Sweden. The statement you mention has zero effect on regulations.
chinese lifting the restrictions - who really knows that?
manipulation - more probable, no evidence however and hard to get any.

this space is intentionally left blank
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November 03, 2015, 04:21:27 PM
 #43

The price rise is quite mad at present. I begin to doubt the sustainability of this dramatic rise. What is behind this rise?

gemini, eu vat free, chinese unofficially limit the restriciton about bitcoin, some random manipulation + noobs get sucked in + panic buy

the same story for every pump, random good news + panic buy
hold on. None of the news you mention is something to rely on or to start the spark. Some usual suspects that are repeated every time the train starts to roll on.

Gemini - no updates on the details of the launch date, nor operation. still a 'project that will be launched soon'. Since more than a year.
eu vat free - for now nothing changed in Germany or Sweden. The statement you mention has zero effect on regulations.
chinese lifting the restrictions - who really knows that?
manipulation - more probable, no evidence however and hard to get any.


1) gemini has been trading for some time now..
2) the ruling has been made EU wide
3) btcc today reopened direct chinese banking deposits..
4) of course..as always..this time upwards instead

Republic of Coin
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November 03, 2015, 09:42:33 PM
 #44

1) gemini has been trading for some time now..
2) the ruling has been made EU wide
3) btcc today reopened direct chinese banking deposits..
4) of course..as always..this time upwards instead

And you can transfer money directly from a Chinese bank in to Chinese exchanges.

https://www.btcc.com/news/article/btcc-now-accepting-direct-bank-deposits

BTCC Now Accepting Direct Bank Deposits
Nov 02, 2015

Recent bitcoin price increases have reignited enthusiasm in buying bitcoin. BTCC is confident this trend will continue. As such, we are pleased to announce that we now accept direct deposits.
 
Customers now need only log in, click on “Account,” then “Fund,” and then select the “Bank Deposit” option to fund their BTCC accounts through their bank accounts. All customers who have Chinese bank accounts will be able to make direct deposits through ATM transfers or online banking.
 
BTCC will stop accepting customer deposits through agents on November 15.
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November 04, 2015, 12:36:08 PM
 #45

wa. It is really good! IMO from the chart the next target should be 3000 Yuan, which is more realistic.

The Next target 4000CNY not 3000 Smiley
trust me

price will be down to 2600-2700 after reache 3000 but after it "the crazy pump " will be start again
we wil hit 4000CNY
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November 04, 2015, 12:39:48 PM
 #46

I think 2013 we went up 250+ in one day, why would it be any different this time around, vastly more dollars can enter and panic buy

Those who hold and those who are without property have ever formed distinct interests in society
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November 04, 2015, 12:51:43 PM
 #47

I think 2013 we went up 250+ in one day, why would it be any different this time around, vastly more dollars can enter and panic buy

hemmm i like " panic buy " it's make me rich instan hahaa  Cheesy
bitcoin price now is a good choice for trader, we can double the money only in 1month
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November 04, 2015, 01:03:20 PM
 #48

I think 2013 we went up 250+ in one day, why would it be any different this time around, vastly more dollars can enter and panic buy

hemmm i like " panic buy " it's make me rich instan hahaa  Cheesy
bitcoin price now is a good choice for trader, we can double the money only in 1month
Only in 2 weeks we get double price, i so depressed aleady sell my coin in the price $390 but it's okay im happy to see bitcoin to da moon
dmeter
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November 04, 2015, 01:07:08 PM
 #49

chinese say next target 4000CNY ? / $600
no no chines say next target 1,000.00 USD   =   6,336.81 CNY
real target is 63336 yuan 10000$ 1 btc
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November 04, 2015, 01:08:49 PM
 #50

I think 2013 we went up 250+ in one day, why would it be any different this time around, vastly more dollars can enter and panic buy

hemmm i like " panic buy " it's make me rich instan hahaa  Cheesy
bitcoin price now is a good choice for trader, we can double the money only in 1month
Only in 2 weeks we get double price, i so depressed aleady sell my coin in the price $390 but it's okay im happy to see bitcoin to da moon

That is the real situation of many traders here. It is just a bubble, you can not expect when it will burst out. I believe you will be happier when the bitcoin Prise will hit again around #300 levels.

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November 04, 2015, 01:12:05 PM
 #51

BTC-E resistance levels at 454 and 667.

$0.01 minimum instant casino BTC, LTC, PM, Skrill, WMZ
Withdraw BTC to PayPal, Wire, WU, VISA.
Proxiebuier
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November 04, 2015, 01:15:41 PM
 #52

I think 2013 we went up 250+ in one day, why would it be any different this time around, vastly more dollars can enter and panic buy

hemmm i like " panic buy " it's make me rich instan hahaa  Cheesy
bitcoin price now is a good choice for trader, we can double the money only in 1month
Only in 2 weeks we get double price, i so depressed aleady sell my coin in the price $390 but it's okay im happy to see bitcoin to da moon

you are lucky because you sell at $390
i sell my btc at ~$330

and now i hold only ~0.3BTC


chinese say next target 4000CNY ? / $600
no no chines say next target 1,000.00 USD   =   6,336.81 CNY
real target is 63336 yuan 10000$ 1 btc

agree it
we will rich if we can sell at $10.000 again  Cheesy
dmeter
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November 04, 2015, 01:20:57 PM
 #53

I think 2013 we went up 250+ in one day, why would it be any different this time around, vastly more dollars can enter and panic buy

hemmm i like " panic buy " it's make me rich instan hahaa  Cheesy
bitcoin price now is a good choice for trader, we can double the money only in 1month
Only in 2 weeks we get double price, i so depressed aleady sell my coin in the price $390 but it's okay im happy to see bitcoin to da moon

you are lucky because you sell at $390
i sell my btc at ~$330

and now i hold only ~0.3BTC


chinese say next target 4000CNY ? / $600
no no chines say next target 1,000.00 USD   =   6,336.81 CNY
real target is 63336 yuan 10000$ 1 btc

agree it
we will rich if we can sell at $10.000 again  Cheesy
i not i have only 80 btc.
Proxiebuier
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November 04, 2015, 01:31:34 PM
 #54


i not i have only 80 btc.

yeahh only ?
you are rich man Smiley
congratulation to your win at bitcoin holding and believer

i hope oneday i can have 80BTC too
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November 04, 2015, 02:17:32 PM
 #55

At the current rate, only billionaires can afford 80 BTC

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November 04, 2015, 02:22:08 PM
 #56

Usually i would say it's impossible to see bitcoin price raise so much in short time.

But now i think $600 or 4000CNY is possible since hype is still pretty high now.
Maybe i'll sell my bitcoin when hype is gone Roll Eyes

Republic of Coin
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November 04, 2015, 04:17:36 PM
 #57

I think $800 is possible by the end of the year. In bitcoin world, when things move, it can move very fast.
marvinrouge
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November 04, 2015, 04:28:25 PM
 #58

I think $800 is possible by the end of the year. In bitcoin world, when things move, it can move very fast.

In bitcoin word, $800 is possible by the end of the week Grin

(I don't say it will happen)
Republic of Coin
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November 10, 2015, 08:19:01 AM
 #59

I think $800 is possible by the end of the year. In bitcoin world, when things move, it can move very fast.

In bitcoin word, $800 is possible by the end of the week Grin

(I don't say it will happen)

Bitcoin price did not reach $800 by the end of the week. We can predict again $800 by the end of this year. It is quite possible.
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November 10, 2015, 06:20:23 PM
 #60

At the current rate, only billionaires can afford 80 BTC


.. .... 80 BTC is only $28k...  I could buy that.. I am not even close to a millionare.. even a 100 000are..
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