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Author Topic: Will you Chinese cause another BOOM?  (Read 1447 times)
Supercrypt
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December 07, 2015, 11:43:37 AM
 #21

China puts it up, then when they sleep everyone else puts it back down Sad

But that's not simply possible in a high volume markets. I do not see only the Chinese hand in down as well only other people for down fall from $500+ levels. When China bought, more people joined them. When prices stated to slide down, the total bitcoin world tried to get a better price.
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davinchi
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December 07, 2015, 12:02:30 PM
 #22

China puts it up, then when they sleep everyone else puts it back down Sad

But that's not simply possible in a high volume markets. I do not see only the Chinese hand in down as well only other people for down fall from $500+ levels. When China bought, more people joined them. When prices stated to slide down, the total bitcoin world tried to get a better price.

I agree. May be the Chinese hand was the initiator for both of the running. Many of my friends also started buying when the prices got moved from $260+ levels. But I can not simply ignore the historic higher volumes in Chinese exchanges. Any way bitcoin moved to new stable price levels for God's sake.
CasioK
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December 07, 2015, 12:19:53 PM
 #23

China puts it up, then when they sleep everyone else puts it back down Sad

But that's not simply possible in a high volume markets. I do not see only the Chinese hand in down as well only other people for down fall from $500+ levels. When China bought, more people joined them. When prices stated to slide down, the total bitcoin world tried to get a better price.

Yes. No single hand can not manipulate a billion dollar markets. But the group of Chines people across many bitcoin exchanges rapidly bought to make bitcoin testing $500 levels last month. But once market got movement the rest of the world has joined the race. That must a truth, we can not simply ignore.

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