Over 700$ in China now. The West is following soon.

[WiiD]

FOMO starts. Buy or die.

[richardsNY]

I don't even have enough time to look at the price because every time I come back after 5 or 10 minutes the price has gone up, lol. Feels great that I so far haven't even sold a single Satoshi. Keep holding!!

[NyeFe]

I don't even have enough time to look at the price because every time I come back after 5 or 10 minutes the price has gone up, lol. Feels great that I so far haven't even sold a single Satoshi. Keep holding!!

I would sell in 1 month. Things are going to explode!

[talks_cheep]

Yep, a bubble has been forming and is definitely getting bigger and bigger. FOMO is a force to reckon with.

[Karpeles]

$100 rise in a monday.

The next 24 hours are critical, either we will see a even bigger buy or a dump.

[Biodom]

reddit says something about Belgian bank kicking the bucket.
Funny, news are NOT in English (yet)
Much better explanation than chinese buying.
If true, we will go higher.

[gentlemand]

Why the hell would the Chinese give the remotest shit about a Belgian bank having problems?

[Biodom]

Why the hell would the Chinese give the remotest shit about a Belgian bank having problems?

and who said that we rose because of chinese?

[elux]

and who said that we rose because of chinese?

Very simple! The price of Bitcoin says so:

Huobi price: $713

Bitfinex price: $672

[richardsNY]

I don't even have enough time to look at the price because every time I come back after 5 or 10 minutes the price has gone up, lol. Feels great that I so far haven't even sold a single Satoshi. Keep holding!!

I would sell in 1 month. Things are going to explode!

Yeah, I will start securing some profits as soon as the prices in the west will sail above $700. And I will secure some profits just a few days before the block halving. I believe the price will come down heavily directly after the block halving. I will make sure I sell on time.

[Frost]

The word "moon" will be everywhere again, I did expect it.

[Biodom]

and who said that we rose because of chinese?

Very simple! The price of Bitcoin says so:

Huobi price: $713

Bitfinex price: $672

that is nothing, it just reflects the speculation level.
so, what does btc-e low price reflect?
if anything these prices reflect that chinese exchanges are more speculative, as mtgox price was higher than every other exchange for months before going tits up.

[criptix]

Mhm maybe its time to take profit now.
I was leverage long around 500.

Feels kinda tight now :8

[talks_cheep]

and who said that we rose because of chinese?

Very simple! The price of Bitcoin says so:

Huobi price: $713

Bitfinex price: $672

that is nothing, it just reflects the speculation level.
so, what does btc-e low price reflect?
if anything these prices reflect that chinese exchanges are more speculative, as mtgox price was higher than every other exchange for months before going tits up.

Denial is strong in Biodom. Weeks long, Chinese have been buying in massive scale. Western banks have been closing since 2008 and nobody gives shit. CNY has been slowly devaluing, Chinese are converting their money to dollars, gold and btc. That's what's driving the price rise.

[emanymton]

and who said that we rose because of chinese?

Very simple! The price of Bitcoin says so:

Huobi price: $713

Bitfinex price: $672

that is nothing, it just reflects the speculation level.
so, what does btc-e low price reflect?
if anything these prices reflect that chinese exchanges are more speculative, as mtgox price was higher than every other exchange for months before going tits up.

Denial is strong in Biodom. Weeks long, Chinese have been buying in massive scale. Western banks have been closing since 2008 and nobody gives shit. CNY has been slowly devaluing, Chinese are converting their money to dollars, gold and btc. That's what's driving the price rise.

Agreed, arbitrage will see the prices in the west follow the chinese price. I'm not sure why the chinese are buying but it looks clear that they are driving the rally. The reason why gox was higher than the others in the past was due to no cash withdrawals for months before the collapse.

[1Referee]

China just reached $725 while Bitfinex & Co are more than $45 behind at the moment. It's a huge gap that need to be filled.

[Biodom]

and who said that we rose because of chinese?

Very simple! The price of Bitcoin says so:

Huobi price: $713

Bitfinex price: $672

that is nothing, it just reflects the speculation level.
so, what does btc-e low price reflect?
if anything these prices reflect that chinese exchanges are more speculative, as mtgox price was higher than every other exchange for months before going tits up.

Denial is strong in Biodom. Weeks long, Chinese have been buying in massive scale. Western banks have been closing since 2008 and nobody gives shit. CNY has been slowly devaluing, Chinese are converting their money to dollars, gold and btc. That's what's driving the price rise.

Agreed, arbitrage will see the prices in the west follow the chinese price. I'm not sure why the chinese are buying but it looks clear that they are driving the rally. The reason why gox was higher than the others in the past was due to no cash withdrawals for months before the collapse.

not so re mtgox, the price on it it was higher even before no cash withdrawals. to me, high level on chinese exchanges reflects no cost transactions, high leverage (up to 1:20, which is crazy) and, maybe, also stronger desire than in the west to diversify from their local currency for btc in a situation where they are limited by the $50K cap on foreign exchange. Chinese companies themselves think that btc price on their exchanges is fake (overpriced).

[oblivi]

Why the hell would the Chinese give the remotest shit about a Belgian bank having problems?

and who said that we rose because of chinese?

China has trillions of potential dollars that want to come in Bitcoin because gold is shit to move from country to country, and all stocks are worthless.

Then the west will wake up and start stacking up as well.


Bitcoin $1,000+ soon, EASY.

[alyssa85]

Remember guys that there are loads of people who bought at $600+ in 2014 who have been holding waiting for the price to go back up. Some of them will sell, just saying...

[gentlemand]

Remember guys that there are loads of people who bought at $600+ in 2014 who have been holding waiting for the price to go back up. Some of them will sell, just saying...

If you've sat it out for 2-3 years and the price is looking rather explosive would you sell for a $5 profit?